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MidSouthHomeBuyers.com

118: Why Real Estate Beats Other Asset Classes with Marco Santarelli Jan 13, 2017

Show notes

#118: What's your risk tolerance? Keith discusses risk with mortgage loans for 1-4 unit properties, then for apartment building loans.

Later, Marco Santarelli joins Keith to tell you why they believe that real estate is the best asset class compared to stocks, businesses, commodities, and cash.

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Listen to this week's show and learn:

01:37 Should you get a 30-year mortgage loan or 15-year?

05:02 Risk with apartment building loans - balloon terms, interest-only loans, prepayment penalties.

11:31 Keith's personal habits and faults.

12:58 Get Keith's free wealth-building newsletter is at GetRichEducation.com Read Keith's blog at GetRichEducation.blog

18:51 Marco Santarelli interview begins. "Why real estate?"

22:03 Real estate provides five profit centers at the same time.

23:00 What is an asset class?

25:24 Paper assets.

27:08 Stock dividends, options trading.

28:59 Commodities.

30:43 Investing in businesses.

34:18 Real estate investing.

35:32 Liquidity, control, passivity, stability.

37:20 Cash's importance for emergencies, opportunity to fund a deal.

Resources Mentioned:

PassiveRealEstateInvesting.com

MidSouthHomeBuyers.com

GetRichEducation.com/Birmingham

117: Birmingham Turnkey Real Estate Investing with Maureen McCann Jan 06, 2017

Show notes

#117: Surprisingly, Alabama is one of the most economically forward-looking U.S. states.

Here's why, and here's how you can profit from this at the right time in the business cycle by investing in Birmingham income property.

Birmingham is Alabama's largest city amidst a growing population, diverse economic sectors, and a business-friendly climate.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

01:01 Alabama is one of the most economically forward-looking states in the U.S.

03:44 Geopolitical Strategist Peter Zeihan's remarks about Alabama's top ability to attract foreign capital.

05:22 Disloyalty to markets.

06:14 Don't be a flipper or landlord. Be an investor.

08:00 Maureen McCann interview begins; Birmingham's business sectors.

10:14 The right Birmingham submarkets and neighborhoods.

12:17 Average $104,000 purchase price, $1,050 rent, 3 BR/2 BA, 1,500 sf.

15:55 Renovation extent.

18:41 Tenant retention.

19:39 Property manager communication with you.

22:10 When you close, property is occupied 96% of the time.

25:12 Turnkey Provider and Property Manager all in-house.

27:44 Tenant screening.

29:29 Alabama as a landlord-friendly state.

30:28 Geographic pitfalls?

32:32 Choosing the right team.

34:45 Minimum investment to get started.

35:22 Learn more at GetRichEducation.com/Birmingham

38:00 "VIMTM."

Resources Mentioned:

MidSouthHomeBuyers.com

116: Trump's Tax Plan featuring Tom Wheelwright Dec 30, 2016

Show notes

#116: Rich Dad Advisor Tom Wheelwright says that the U.S. could become a tax haven.

We discuss other potential tax changes that President-Elect Donald Trump will make.

Keith also recaps what happened in financial markets this year: real estate, stocks, gold, inflation, dollar index, interest rates and more.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

01:42 This year: real estate up, stocks up, gold & silver up, dollar index even, interest rates up, inflation up, autonomous cars hit streets, Chinese yuan into IMF, Brexit, Trump election.

06:36 Robert Kiyosaki and Harry Dent predictions.

09:48 Donald Trump parallels with Ronald Reagan. No individual income tax reform in first term.

12:53 Tax rates won't go up next year. Oil & gas tax benefits will be retained or expanded.

14:11 Carried interest.

17:59 Trump's company lobbied for the "real estate professional" tax designation.

21:28 Limit on itemized deductions coming?

23:32 Expect U.S. corporate taxes to be lowered down from 35%.

28:25 Trump wants a 15% "business tax rate." Amnesty.

30:03 Why is the U.S. successful with such high corporate tax rates?

31:10 Tom Wheelwright: The U.S. could become a tax haven!

32:37 How will we pay for tax reduction? Not growth, but even more debt.

34:08 Financial crash implications.

36:52 Here's how you can act now.

40:37 Keith: Let's lower tax rates, and increase the number of taxpayers.

Resources Mentioned:

TaxFreeWealthAdvisor.com or 866-467-5809

RichDadAdvisors.com

115: Should You Become A Real Estate Agent? With Kevin Cross Dec 23, 2016

Show notes

#115: Obtaining your RE license isn't that difficult in many states. Would this help you land deals for income property?

Yes, and there are tons of other benefits...and drawbacks.

Kevin Cross of Foundations Real Estate Experts is a savvy real estate investor, licensee, and former President of the Anchorage Association of Realtors. He tells us the advantages and disadvantages of getting your RE license.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

02:06 Keith likes BombBomb.com video-e-mail service and the Blinkist.com condensed reading app.

08:11 How can getting your RE license help you get into the deal flow?

12:20 Saving yourself the agent commission - and using that as a down payment.

15:06 The benefits you realize as an agent when you build a network of home inspectors, HVAC companies, roofers, etc.

18:27 When you sell property, act as your own agent. Referral fees.

24:59 Licensing requirements - educational hours, exam, licensing fees. Often $3,000 - $5,000 out-of-pocket to start.

26:55 Difficult to be a "part-time" agent.

28:48 You don't get paid for 90 days.

31:16 Fiduciary responsibility and disclosure.

36:42 90% of sales are made by 10% of agents.

37:11 Do you split your commission with your broker? Must you have an office there?

41:06 After marketing fees and dues, agents earn about 1.5% per transaction.

Resources Mentioned:

AlaskaREX.com

BombBomb.com

Blinkist.com

114: U.S. Geography and Real Estate Investing with Peter Zeihan Dec 16, 2016

Show notes

#114: Your mental map is stimulated today as we discuss what geographies will be prosperous for real estate investors.

Geopolitical Strategist Peter Zeihan of Zeihan.com takes us on a virtual cross-country journey economically, geographically, and demographically.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

03:46 The Mississippi River System promotes continental commerce. Luckily, it's superimposed atop the U.S. agricultural belt.

06:47 Demographic luck.

13:54 Capital flight to "Gateway Cities": Toronto, Montreal, Vancouver, Santa Monica, San Francisco, Seattle, New York City, and Miami.

17:38 "Reinvented Cities": Oklahoma City, Austin, Salt Lake City, Charleston (SC).

20:05 Migration to low-cost-of-living cities.

25:27 New England.

26:58 New York.

28:42 Pennsylvania.

31:44 New Jersey through DC to the Carolinas.

34:22 Georgia.

36:21 Florida.

38:12 Alabama.

40:53 Tennessee.

43:12 Great Lakes Region.

44:11 Missouri.

45:16 Arkansas & Louisiana.

46:58 Texas.

50:01 Upper Great Plains.

51:07 Denver and Salt Lake City.

53:16 Arizona and Nevada.

56:53 California.

59:33 Washington and Oregon.

62:47 Alaska and Hawaii.

Resources Mentioned:

Zeihan.com

CorporateDirect.com

HassleFreeCashFlowInvesting.com/GRE

113: Create Cash Flow By Lending with David Campbell Dec 09, 2016

Show notes

#113: You can be a lender instead of a borrower with Mortgage Note Investing. Real estate is your collateral, securing your loan.

Why would you want to give a loan to someone that can't qualify for a bank loan? David Campbell from Hassle-Free Cash Flow Investing tells us why and how.

9-10% cash-flowing rates of return are common. Compared to buy-and-hold RE investing, this is more liquid, less risky, and incurs lower transaction costs.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

07:05 Why now is a good time to move chips from the equity side to the debt side.

10:48 Mortgage Note Investing is also similar to terms like "Hard Money Lending," or "Private Lending." Also, discussion of Mortgage vs. Deed Of Trust.

15:45 Buy notes where the borrower has 20-25%+ equity in the property.

23:02 Mortgage Notes provide higher cash flows, less risk, more liquidity, lower transaction costs compared to owning real property.

26:47 Example on a $75,000 mortgage.

34:50 Use your IRA or HELOC to create arbitrage.

36:38 Knowing good from bad, and avoiding fraud.

43:14 Turn your equity into cash flow.

Resources Mentioned:

CorporateDirect.com

112: 401(k) Plans Destroy Your Dreams Dec 02, 2016

Show notes

#112: Two undercover thieves are robbing you of your dreams. They're stealing your prosperity both now and in the future.

This is why people think they're "getting ahead," but they're falling behind.

Learn about the problems with 401(k)s and inflation - it's even worse than you think. Learn how to get on top of this and get empowered today.

Keith brings you today's show from Dallas, TX.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

02:33 Be unusual.

03:33 A terribly naive statement: "Socking away money in your 401(k) will make you a millionaire."

07:08 401(k) saving is misdirected. It's herd mentality pumped up by a billionaire-dollar Wall Street marketing campaigns.

09:40 History of the 401(k) and Ted Benna, creator of the Plan. "Salary Reduction Plans."

13:35 Dollar-for-dollar matches in 401(k)s.

17:12 A 401(k) is a ZERO cash flow plan.

24:24 The secret monthly bill that you don't know that you're paying.

26:57 Real ROI vs. Nominal ROI: How "winning" is really losing.

28:38 Taxation is not adjusted for inflation.

30:40 The first step to solving your problem is recognizing that there is one. 32:04 Your real estate cash flow increases faster than inflation over time. See at: GetRichEducation.com/videos Resources Mentioned: TheRealAssetInvestor.com/GRE CorporateDirect.com RidgeLendingGroup.com GetRichEducation.com Ted Benna and 401(k) history

111: Apartment Building Investing All-Done-For-You with Dave Zook Nov 25, 2016

Show notes

#111: Looking for passive income but can't find an attractive real estate deal in today's climate?

Invest with a trusted, savvy investor that's an expert in identifying profitable apartment building deals for others.

Dave Zook, Founder Of The Real Asset Investor, has a remarkable track record of providing reliable returns to investors.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week's show and learn:

05:05 Entering real estate for tax mitigation reasons.

07:40 Rich Dad influence.

09:15 Many wealthy people are willing to invest in 1% yield CDs!

11:26 Planting the seeds of real estate syndication. How to stay in the "deal flow."

12:57 The people are more important than the product. Which people are "real" and which are not?

15:45 Multifamily property in Memphis.

20:03 Forced appreciation.

22:31 Dave is successful because he considers his investors' need, not his need.

24:08 Value-add property improvements include a high-tech video surveillance system.

26:26 Dave's investors benefit in ways that direct investors don't.

28:38 Dave puts his own "skin-in-the-game" alongside his investors. He has a vested interest in property performance.

30:05 Investors paid quarterly: 8-11% Cash-On-Cash Return. High teens to 25%+ Internal Rate Of Return.

31:44 Taxes. Accelerated depreciation (from Cost Segregation) gets passed along to each investor.

33:41 Annual investor barbecue.

35:03 Win a free real estate field trip to Memphis or Belize at www.TheRealAssetInvestor.com/GRE

36:14 Advantages to investing in a trusted expert's syndication.

Resources Mentioned:

CorporateDirect.com