Get Rich Education 96: Keith Weinhold Interviewed about Abundance and Leverage
#96: Keith’s story about starting in real estate, how to think abundantly, and leveraging the efforts of others to create wealth for yourself. Keith is interviewed by Kathy Fettke.
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Listen to this week’s show and learn:
03:20 Before you expand, appreciate what you already have.
05:44 Avoid the crowd constantly focused on “spending less.” They live half-dead.
08:41 An inspirational Dale Partridge quote to live by.
12:19 Starting big. Most people move & follow the money. Instead, make money follow you this way.
14:03 Buying a four-plex: 3.5% down, 12 months owner-occupy, minimum 580 FICO score.
15:51 Utilizing other people’s money.
18:26 Compound interest is lame and slow. Here’s why.
22:28 Don’t be debt free. Be financially free.
23:56 In RE investing, the property is only the fourth most important thing.
24:50 Here’s how Keith expanded his real estate portfolio with other people’s money.
27:30 Investment RE markets in Dallas-Fort Worth, and Anchorage, AK.
29:43 Value your time.
33:57 A bar of iron costs $5. What will you turn it into?
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