Get Rich Education

Turnkey RE providers must acquire distressed property at a discount in order to stay in business.

We go behind-the-scenes and see how these companies really operate.

They take risks, maintain relationships with myriad parties, coordinate contractors, bear holding costs, buy & store materials, screen & place tenants, and operate a management division.

It’s a ton of work that investors can outsource to turnkey providers. They are professional fix & flippers. 

The “consumer-profit chain” helps you understand this.

Dani Lynn Robison of Freedom Real Estate Group near Dayton, Ohio offers private lenders like you 8-10% cash-on-cash returns at www.GetRichEducation.com/Lending

The funds are used to purchase and rehabilitate distressed property. They’re transformed into turnkey property.

Your loan collateral is tied to a specific address. A note and mortgage is produced. You have first lien position.

This provider has performed 300+ fix-and-flips since 2015.

Get the report and connect with the provider for predictable 8-10% cash returns for four to twelve month terms at: www.GetRichEducation.com/Lending  

Minimum investment amount is $50K. You DON’T need to be an accredited investor.

Resources mentioned:

Private Lending with 8-10% cash return:

 www.GetRichEducation.com/Lending

Mortgage Loans:

RidgeLendingGroup.com

QRPs: text “QRP” in ALL CAPS to 72000 or:

eQRP.co

By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

New Construction Turnkey Property:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode299_.mp3
Category:general -- posted at: 4:00am EDT

Learn how to “get rich for sure” versus “get rich quick”. 

You must diverge from the herd to get more out of life.

Today’s guest, 24-year-old Hayden Crabtree, found that he owned more property than his college real estate professor.

After college, he worked to learn rather than earn. He worked for free for over a year! That’s how he attracted a real estate mentor - by providing immediate free value, not “taking”. 

Hayden also values relationships, and structuring “win-win” deals.

He authored the new book, “Skip The Flip”. 

House flipping is not real estate investing. 

Hayden, based in Athens, GA, focuses on self-storage units.

Some family and friends will critique you for being different. Few understand financial freedom.

He uses debt (leverage) to create wealth.

Hayden is giving away his e-book free at: HaydenCrabtree.com/freebook

Resources mentioned:

Hayden’s book is free:

HaydenCrabtree.com/freebook

Mortgage Loans:

RidgeLendingGroup.com

QRPs: text “QRP” in ALL CAPS to 72000 or:

eQRP.co

By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

New Construction Turnkey Property:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode298_.mp3
Category:general -- posted at: 4:00am EDT

Pros and cons of getting paid a permanent government housing subsidy are explored.

But first, I discuss your future in light of the current pandemic crisis - housing supply, 2020 vs. 2008 recession differences, economic “vaccine”, current 13.3% unemployment rate.

“Section 8” is the primary federal government program that subsidizes three groups: low income, elderly, and disabled. It is HUD-sponsored.

Cons: Tenant screening is vital, inspections.  

Pros: Longer tenancies, higher rent amount, lower vacancy rate, tenant wants to keep voucher.

Learn more about owning renovated Section 8 housing with a manager that deal with the housing authority at: www.GetRichEducation.com/Richmond

The housing authority typically pays most, not all, of the tenants’ rent.

CNBC named Virginia of the #1 business state. Richmond is the capital of the 12th-most populous state. 

In Richmond, $1,300 rent and $145,000 purchase price (0.9% RV) is typical for SFRs suited to Section 8.

Connect with the provider for “guaranteed rent” property at: GetRichEducation.com/Richmond

Resources mentioned:

Property with “guaranteed rent”:

GetRichEducation.com/Richmond

Mortgage Loans:

RidgeLendingGroup.com

QRPs: text “QRP” in ALL CAPS to 72000 or:

eQRP.co

By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

New Construction Turnkey Property:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode297_.mp3
Category:general -- posted at: 4:00am EDT

College real estate is in deep trouble. 

Commercial leases of all types are in trouble because they often have 10-year terms. Who wants to make 10-year decisions today?

Residential B and C-class SFHs up to four-plexes in the suburbs make a lot of sense today.

We’ve had 33 recessions since 1860. They’re common.

Mortgage rates hit all-time lows again, forbearance loosens, and entry-level housing supply is tight.  

Fed Chair Jerome Powell says negative interest rates aren’t being considered.

He admits to printing money out of nothing (wow!) - and we listen to the audio.

Redfin CEO Glenn Kelman tells us about urban-to-suburban migration.

I discuss “The Geography of Real Estate”, clearing up many misconceptions about U.S. geography.

Learn: Why the West Coast is warmer than the East Coast, the geography of property taxes and credit scores, NYC geography & air rights, Mississippi River importance, sinking cities, Texas facts, Pacific NW’s sparse population, California and Alaska myths.  

Trivia question: What is the world’s most populated island?

Resources mentioned:

Mortgage Loans:

RidgeLendingGroup.com

QRPs: text “QRP” in ALL CAPS to 72000 or:

eQRP.co

By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

New Construction Turnkey Property:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode296_b.mp3
Category:general -- posted at: 4:00am EDT

Making a lasting impact is rare. Get comfortable with being uncomfortable.

You get more focus time by opting-out of life's needless direct message notifications.

You get more cash flow by minimizing the amount of real estate principal that you pay down.

The author of the popular new book, The Wealthy Gardener, John Soforic joins us. It is about lessons for prosperity between father and son. The book could make a great Father's Day gift. 

John has $20K of monthly real estate cash flow.

Don’t strive for happiness. Strive for satisfaction; more happiness will result as a by-product, and you’ll be significant. 

John’s grandfather worked his body into the ground in a coal mine, 60 hours a week for 40 years, dying of black lung disease. John vowed to live a more meaningful life.

John reveals: a 5-year crusade for wealth, why working a 40-hour job is not a sacrifice, how to stop selling your time for dollars. 

The top excuse why people don’t do more is: fear, not laziness.

Resources mentioned:

The Wealthy Gardener book:

Amazon link

Wealthy Gardener Website:

https://wealthygardener.com/get-rich-education-with-keith-weinhold/

Mortgage Loans:

RidgeLendingGroup.com

QRPs: text “QRP” in ALL CAPS to 72000 or:

eQRP.co

By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

New Construction Turnkey Property:

NewConstructionTurnkey.com

Best Financial Education:

GetRichEducation.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

Direct download: GREepisode295_.mp3
Category:general -- posted at: 4:00am EDT

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