Get Rich Education

How would you value a four-plex in bitcoin? The world's largest cryptocurrency, bitcoin, needs more stable pricing to gain faith for widespread currency use. Crypto pros: Generational, international, blockchain, increasing faith. Crypto cons: Security, not widely accepted, short history, volatile, government intervention fear, no price bottom. Learn the pros and cons of buying rehabbed & tenanted turnkey property vs. doing it all yourself. Find property here: www.GREturnkey.com Three big reasons people don't invest in real estate: They don't understand the rates of return. They don't know about turnkey real estate. Many think you must be a flipper or landlord. Turnkey pros: Save time & hassle, leverage economies of scale, leverage professionals, geo-diversification. Turnkey cons: Higher initial cost, risk of suspicious pre-placed tenants. I explain why it's best to own properties in 3 to 5 different markets from www.GREturnkey.com. Resources mentioned: Show Notes: www.GetRichEducation.com/322 Top Properties & Providers: GREturnkey.com Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

A crystal ball prediction for the housing market does not exist. The best measure may be the forward-looking Homebuilder Confidence Index. It just hit an all-time high for optimism. Interest rate direction has little to do with housing prices. But it helps. Real estate is not an asset. Real estate derivatives are assets, whether it be a mortgage or a lease. Gregg Cohen of JWB Real Estate Capital joins us. He's a longtime provider of new construction turnkey rental property in Jacksonville, FL. See their properties at: CashFlowAndGrowth.com We discuss how appreciation makes long-term real estate investors more money than cash flow, amortization, tax benefits or inflation-profiting. Resources mentioned: Jacksonville new turnkey property: CashFlowAndGrowth.com FHFA Home Price Index: https://www.fhfa.gov/DataTools/Tools/Pages/FHFA-HPI-Top-100-Metro-Area-Rankings.aspx? Suburban Rents Rise: https://www.realtor.com/news/real-estate-news/race-for-space-pushing-up-suburban-rents/ Show Notes: www.GetRichEducation.com/321 CNBC on home price rise: https://www.cnbc.com/video/2020/11/13/rise-in-home-prices -will-be-tremendous-for-builders-analyst.html Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

Learn how to keep insidious thieves from stealing your wealth - taxes and inflation. Higher taxes = lower inflation. I tell you why. The IRS does not recognize inflation in regard to capital gains. I discuss property tax, income tax, and sales tax state-by-state. Many coastal states have high property tax and income tax; southern states have high sales tax. A recent Harris poll showed that work-from-home types value saving money on lunch and gas more than being with their family or having extra time! (Geez.) Subscribe to our Don't Quit Your Daydream Letter here. Tom Wheelwright joins me. Tax brackets are marginal, so use your childrens' lower tax brackets. The last dollar you earn is taxed at your highest taxable rate. The first dollar of a tax deduction comes off your highest taxable rate. Tax credits beat tax deductions. Reducing your property tax can be fairly easy. Resources mentioned: Connect with Tom: www.Wealthability.com Show Notes: www.GetRichEducation.com/320 Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

Before you buy foreign property, consider: access in rainy season, infrastructure, water pressure, safety, community, and developer track record. Learn about a real estate performance bond and why it's important. Own tropical tiny homes, including over-the-water property, as low as $92K. Start here: www.getricheducation.com/tinyhomes Subscribe to our Don't Quit Your Daydream Letter here. These exotic, affordable homes in vacation destinations are in Belize, Nicaragua, and Panama - both beaches and mountains. As a foreigner, you can own full title to these Central American properties. These homes are truly "tiny", often 300 - 400 square feet, a little larger than an RV. You can live in the property, or rent it out. The developer has been in business 20+ years. I personally met them nearly 5 years ago. You can get 50 - 80% financing. Use self-directed IRAs, gold, or crypto for purchase. To get started, get the Tropical Tiny Homes Report and contact the provider through: www.getricheducation.com/tinyhomes Resources mentioned: Tropical Tiny Homes Report & Provider Contact: www.GetRichEducation.com/TinyHomes Show Notes: www.GetRichEducation.com/319 Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

In this recession, people still ask me how housing prices and demand are surging. I explain. Then, I discuss the highest cash-flowing hands-off investment I've ever heard of. Learn more here. Subscribe to our Don't Quit Your Daydream Letter here. Cash use is increasing, not declining. In fact, the CEOs of PayPal and Venmo even say that cash will be in use for decades. An individual investor like you can own a lot of 6 ATMs. ATMs are profitable because some users pay a $2-$3 surcharge to access a $20 bill. $2,184 is your monthly cash flow. The operator has never missed a monthly payment nor their pro forma projection. ~19% ROI plus tax benefits like bonus depreciation. In the pandemic, some ATM locations have fared worse, like airports; some better, like a Walgreens. Many people want to withdraw & store money in the pandemic. If you're an accredited investor, learn more about ATM investing and contact the provider through: www.GetRichEducation.com/ATM Resources mentioned: For ATM Report & Provider Contact: www.GetRichEducation.com/ATM Show Notes: www.GetRichEducation.com/318 Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

"Miracle Morning" author Hal Elrod tells us that to turn the impossible into the inevitable, you need unwavering faith and extraordinary effort. Subscribe to our newsletter here. "The Miracle Morning" has been translated into 37 languages and sold more than two million books. More than 500,000 people actively practice his work daily. Hal overcame a car accident where he was clinically dead, then a rare form of cancer. This made him genuinely grateful for every moment thereafter. In your life, you will pursue what you feel is probable, not possible. The purpose of your goal is not to reach a goal. It's to attain the qualities and characteristics of becoming the best version of yourself on your way there. Hal's new book is called "The Miracle Equation". Resources mentioned: Show Notes: www.GetRichEducation.com/317 Hal Elrod's website & books: The Miracle Morning Book recommended by Hal: Man's Search For Meaning - Victor Frankl Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

Will home prices stop rising soon? No. I tell you why. It's my prediction. Subscribe to our newsletter here. Four reasons home prices will keep rising in the short and intermediate-term are: Undersupply. America is already undersupplied 2.5 - 3.3 million housing units. Pent-up demand. More 18-29 year-olds live with their parents now at any time since The 1930s Great Depression. When they get jobs & move out, pent-up housing demand will be released. Homebuilder roadblocks. The top factor is wildly elevated lumber costs that has made some builders stop building. Population growth. America grows at 4,800 people every day, nearly 2 million annually. Many Americans have been suffering from a lapse in federal pandemic stimulus relief. Hear a Nancy Pelosi clip about this. I discuss hands-on ways to improve your properties' appeal: paint, flooring blemishes, light fixtures, cabinets, vanities, front door. GRE's own Aundrea Newbern joins us. Learn about finding properties and tenants with guaranteed rent income. You can find these properties and tenants at: GetRichEducation.com/Section8 Concerns about the HUD Section 8 Program are: you must screen tenants harder, property inspections from the HUD case manager. Section 8 tenants have more motivation to pay rent because they don't want to lose their housing voucher. They have longer tenancies and are less demanding during tenancies. If you're pre-qualified for a mortgage loan and want investment property with guaranteed rent income, start at: GetRichEducation.com/Section8 Resources mentioned: Show Notes: www.GetRichEducation.com/316 Find Section 8 properties & tenants: www.GetRichEducation.com/Section8 Get the Don't Quit Your Daydream Letter: www.getricheducation.com/letter CNN: Blitzer, Pelosi on stimulus: https://www.cnn.com/videos/politics/2020/10/13/nancy-pelosi-intv-stimulus-bill-trump-offer-coronavirus-tsr-vpx.cnn Post free to find Section 8 tenants: GoSection8.com U.S. and World Population Clock: www.census.gov/popclock Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

Learn how to avoid getting ripped off from a: Vacant land scam Foreclosure relief scam Loan flipping scam Escrow diversion scam Rental ad scam Common consumer scams More Subscribe to our newsletter here. Asset Protection Attorney Garrett Sutton joins us for the fourth time on the show. His new Rich Dad Advisor book, Scam-Proof Your Assets, releases this month. Scammers sell other scammers lists of names of gullible people. Tell scammers that you want to share their deal with your attorney or CPA. They'll run away. Those that get scammed tend to be: less educated, vain, both young & old, crave a good deal, feel isolated, and are more impressionable. Scammers are often someone you already know; they're close to you. Resources mentioned: Garrett Sutton's New Book: Scam-Proof Your Assets Corporate Direct for LLC Formation: 1-800-600-1760 CorporateDirect.com Report and track scams at: ftccomplaintassistant.gov Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

Your goal might be $15K of monthly real estate income and a $3M net worth within twenty years. To achieve this, I explain why getting trapped in the future is as bad as getting trapped in the past. Start early, understand there will be bumps in the road, don't overanalyze, the worst case scenario almost never occurs, and don't "time the market". Today's guest offers both rehabbed and new construction rental homes in a thriving market where the numbers work - west Florida. If you're pre-qualified for a mortgage (or paying all-cash), get started buying investment property at: GetRichEducation.com/WestFlorida. Buying one property, one time won't change your life. When you're young, you're more likely to want a low-priced rental property with higher cash flow and higher maintenance = existing construction. When you're older, you're more likely to afford a higher-priced rental property with lower cash flow and less maintenance = new construction. House flippers have spending money; buy-and-hold investors build real wealth. At its core, it's simple - rent houses to people. Resources mentioned: West Florida Income Property: GetRichEducation.com/WestFlorida Mortgage Loans: RidgeLendingGroup.com EQRPs: text "EQRP" in ALL CAPS to 72000 or: eQRP.co By texting "EQRP" 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold

Learn how income tax rates, capital gains tax rates, the 1031 Exchange, the estate tax and more will change - or not. The outcome depends upon whether Donald Trump gets a second presidential second term or Joe Biden is elected as the new president. Subscribe to our weekly newsletter here. Tom Wheelwright, the most recurrent guest in show history, joins Keith. He's the world's foremost expert at reducing your taxes permanently. He can help you at Wealthability.com Resources mentioned: Tom's company: Wealthability.com The Tax Foundation: www.taxfoundation.org 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 Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold