Get Rich Education
Business & Economics Podcasts
This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.
Location:
United States
Description:
This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.
Twitter:
@GetRichEd
Language:
English
Website:
http://www.getricheducation.com
Episodes
442: How Inflation Stole Your Time, Florida New-Build Incentives
3/27/2023
Get started with new-build Florida duplexes, triplexes, and quads right here.
Conventional personal finance says that you should be able to put in your time, effort, and energy when you're young.
When you're older, you can live a great life knocking back drinks served in coconuts.
That's being severely threatened.
Throughout history, some humans have perpetrated malicious time theft on other humans. Murder and slavery are extreme versions.
You're likely the victim of more subtle...
Duration:00:49:28
441: The Real Estate Guys - Robert Helms and Russell Gray on Syndication
3/20/2023
You can afford an $8M apartment building. Perhaps you just haven’t really asked: “How?”
The answer: syndication.
Today’s guests are The Real Estate Guys, Robert Helms and Russell Gray. They’ve had a profound influence on me.
If you’re an active real estate investor with some experience, caught the real estate bug, and want to go full-time, Robert and Russ are masters at helping you go bigger, faster with syndication.
You can aggregate other investors’ money to buy a deal that you could...
Duration:00:44:20
440: When’s the Crash? 2023-2024 Housing Forecast with Rick Sharga
3/13/2023
Housing intelligence analyst Rick Sharga joins us.
Learn about: plummeting home sales, delinquency and foreclosure rates, future home prices, interest rate direction, housing demographics, builder incentives to buyers, lender repossessions, and homeowner equity levels.
I ask Rick: “Is a home price crash imminent?”
70% of mortgage borrowers have an interest rate of 4% or lower. They’re rarely motivated sellers.
America should have a housing shortage for at least 5 to 10 more years.
FHA...
Duration:00:51:43
439: Grappling with Rising Property Expenses, Defensive Investing
3/6/2023
High inflation has a downside for real estate investors too.
Property insurance costs are up 17% year-over-year. Turnover costs have surged 15%. Utility costs up 10%, property taxes up 4%.
The obvious way to deal with higher property costs is to raise the rent.
I see more lease agreements where tenants must pay for $200 worth of repairs per occurrence.
ChatGPT wrote real estate rap lyrics for me and even a podcast script. But I tell you why I won’t use either one.
M.C. Laubscher, the...
Duration:00:44:53
438: Why Not Do Turnkey Real Estate By Yourself?
2/27/2023
Why can’t you do it all yourself? That is, identify, acquire, manage a rehab, place a qualified tenant, and manage a rental property long-term.
We talk with the Founder and Investment Coordinator of who may be the oldest turnkey provider in America today, Mid South Home Buyers.
They make ugly houses pretty.
They only acquire houses that the Founder would be proud to own himself.
Mid South Home Buyers’ Terry Kerr and Liz Brody have repeat GRE buyers for their 2nd, 5th, and 9th investment...
Duration:00:45:27
437: NYC Real Estate is Absurd
2/20/2023
New York City real estate has distinctions and quirks that you’ll find almost nowhere else in the world.
Is it unreal estate?
This includes: super skyscrapers, air rights, apartments with doormen, co-ops, pencil buildings, and rent control.
Can you actually make money in NYC real estate?
Incredibly, the national or world capital of all these are in NYC: banking, finance, communication, advertising, law, accountancy, fashion, arts, architecture, media, and more.
1 in 18 Americans live in...
Duration:00:50:32
436: Home Prices are Falling. Will it Continue?
2/13/2023
I get political today. But first, I discuss jobs. How far will home prices fall?
Innovation creates jobs. It does not destroy jobs.
American innovation is one reason that we added over a half million new jobs just last month.
All this new job growth and a robust GDP reading will keep us out of a recession for the next few months, maybe much longer.
Both the US median home price (Case-Shiller) and inflation peaked last June.
The US median home price fell 2.5% from its peak.
Where are...
Duration:00:31:51
435: Big Real Estate Prediction, How to Analyze Deals
2/6/2023
Learn my new outlook for 2023 and 2024 home prices.
First, I follow up on my real estate prediction of 9%-10% appreciation for last year. You learn exactly how I performed.
Why aren’t real estate prices expected to rise or fall substantially in the near future?
Affordability is an upside constraint to home price growth. Low supply protects against a substantial price downside.
So many have wrongly predicted a recession by now. (I have never said any such thing.) The latest GDP and jobs...
Duration:00:43:36
434: Should You Invest in Detroit?
1/30/2023
Really… Detroit? It’s in America’s cash-flowing Midwest. But is there a stigma involved? Does it matter?
In the 1950s, Detroit was the wealthiest city in the entire world, led by the manufacturing and automotive industry.
But it endured a horrific economic and population downfall late last century due to aging manufacturing plants, high taxes, overregulation, poor services, corruption, and lack of public administration.
Detroit even filed for bankruptcy.
Between 2010 and 2020, the...
Duration:00:47:55
433: Beginner’s Guide to Real Estate Investing
1/23/2023
Learn the beginner's mistakes to avoid.
Is setting up a real estate LLC even worth it?
Learn how to build the right credit score for a mortgage loan, including why you actually don’t want a score over 800.
If a cash flowing property is so great, why would anyone sell it to you? I outline a myriad of reasons.
Should you make a lowball offer to a real estate seller? Learn negotiation techniques.
Earnest money procedures are covered.
The real estate buying process is slow. From the time...
Duration:01:05:35
432: Everyone is Secretly Moving Here, Should You Rent or Own Your Home?
1/16/2023
Everyone is moving here. Where is “here”? You get an answer that you never expected.
Among those that move, it’s not for job-related reasons. It’s housing-related.
The American mobility rate has declined from 20% in the middle of the last century to 8.4% today. Learn three reasons why more Americans are staying in-place.
Lower domestic migration can have positive results like: less stress, more community formation, longer tenancies, and a boon for the remodeling industry.
The negative...
Duration:00:48:34
431: Panama Coffee Farm Investing—Struggles and Opportunities
1/9/2023
What happens when a real estate investment goes sideways?
An international business was impacted—Panama coffee farms.
The pandemic disrupted coffee supply chains and labor. Erratic weather affected crop yields.
It’s been about four years since we’ve discussed this on the show.
The Panamanian government shut down many businesses. There was little or no government assistance for idled workers.
The co-founder explains Panama coffee problems and opportunities.
Learn why the coffee parcel...
Duration:00:46:44
430: The Most Important Question in the Investing World
1/2/2023
Answer this one question and you won’t have money concerns for the rest of your life.
The Dow Jones once fell so hard that it didn’t recover for 25 years
Japan’s NIKKEI peaked in 1989 and still has not recovered.
I discuss the differences between an economic recession and depression.
During the 2008 housing crisis, national housing values only fell 19%.
Originally, 401(k)s were called “Salary Reduction Plans”. They had to scrap the name to foster participation.
Some investing questions...
Duration:00:38:28
429: Are Rich People Greedy?
12/26/2022
Greed is defined as an “intense and selfish desire for something, especially wealth, power, or food”.
Should wealth be redistributed so that everyone is equal?
“I have never understood why it is “greed” to want to keep the money you have earned but not greed to want to take somebody else’s money.” -Thomas Sowell
When I was a fresh college graduate, I resented the rich. I discuss the catharsis that made me change my mind.
Our guest, Doug Casey, believes that college reinforces the wrong...
Duration:00:40:47
428: Essentials of Real Estate Wealth-Building
12/19/2022
Higher returns and lower risk are expected with carefully-chosen real estate.
Two hosts put me on the hot seat about rental property. I’m the guest. You get to listen to one of my recent interviews in the media today.
Real estate deals are not as attractive today as they were 5-10 years ago. But it’s still the best place to invest your dollars today.
The property is only the fourth-most important thing in real estate investing. I discuss the three bigger ones.
I detail why real estate...
Duration:00:58:11
427: Future of Real Estate, 2 of 2: The Metaverse
12/12/2022
Metaverse real estate is virtual. Can you make money with it?
First, I discuss updates to 3-D printed homes and Boxabl homes.
Next, our guest, Steve Hoffman, describes that metaverse is a virtual space where you can interact with virtual objects.
There is no single metaverse. There are apps in the metaverse, like Second Life and Decentraland.
Learn what makes a piece of metaverse real estate valuable or worthless.
You often buy NFTs on the blockchain.
With Upland, you can buy NFTs of...
Duration:00:40:40
426: Future of Real Estate, 1 of 2: Homebuilding Technology
12/5/2022
At times, 3-D printed homes, modular, and shipping container homes are not the answer for both single-family home and apartment construction.
The promise of new truss and framing technology can substantially speed up conventional construction.
This can solve many problems at once: housing shortage, labor shortage, and stubbornly persistent materials supply shortages.
FrameTec is a technology that builds the roof truss, floor truss, and walls all in a forthcoming Arizona factory.
Guests...
Duration:00:46:38
425: Short-Term Rental Tiny Homes
11/28/2022
Get an update on how the work-from-home trend is good for residential RE and bad for office RE.
Office space values are down 17.5% from their recent peak.
Americans must now earn at least $107,281 to afford the monthly mortgage payment on a median-priced home.
The NAR expects 10% home price appreciation this year, 1% in 2023, and 5% in 2024.
The tiny home movement is both architectural and structural. It’s defined as a home of 400 sf or less.
Tiny homes are hard to find. In the US...
Duration:00:38:03
424: Why Landlords Get Sued Today - Garrett Sutton & Ted Sutton's Father-Son Succession Plan
11/21/2022
The ideal inflation rate is zero just like the ideal theft rate is zero.
When lower inflation (7.7%) was recently reported, mortgage rates experienced a record daily drop.
I detail the implosion of crypto exchange, FTX. It was a Ponzi scheme. 2022 is the 2008 of crypto.
Garrett Sutton and his son, Ted Sutton, announce the father-son succession plan. They are attorneys that help protect your real estate from lawsuits at Corporate Direct.
Ted’s experience at a Chilean copper mine helped...
Duration:00:55:19
423: Housing Sales Crash, Mortgage Rate Prediction with Caeli Ridge
11/14/2022
A housing crash is upon us. But it may not be the kind of crash that you think. I explain what this sales crash means to the future of the housing market.
Caeli Ridge, President of Ridge Lending Group joins us. She gives an exact prediction about where and when mortgage interest rates will peak.
37% of homeowners have no mortgage at all. Among those with a mortgage, 85% have an interest rate under 5% per Redfin. They don’t want to sell and give up their rate, constraining supply.
It’s a...
Duration:00:42:34