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Get Rich Education

Keith Weinhold

21
Followers
52
Plays
Get Rich Education

Get Rich Education

Keith Weinhold

21
Followers
52
Plays
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About Us

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.

Latest Episodes

This Is Your Last Life Ever

Making a lasting impact is rare. Get uncomfortable being uncomfortable. You get more focus time by opting-out of 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

52 MIN3 d ago
Comments
This Is Your Last Life Ever

Is This America's Most Recession-Resilient Market?

Deflation is occurring before long-term inflation is expected. When people stop buying things, manufacturers can’t charge enough, so they stop making products. This results in more layoffs. Our national debt is $26 trillion. It’s doubtful that it will ever be repaid. This is why The Fed must inflate. MidSouthHomeBuyers.com has provided our listeners with more cash-flowing property than anyone. They’ve renovated 2,600+ homes in Memphis, TN and Little Rock, AR. They then place a tenant and manage the property for you. In the pandemic, renters prefer single-family homes over apartments. What makes Memphis so resilient? Shipping, distribution, transportation, medical. Memphis’ rental sweet spot is $660 - $990 for this class of property. Sale price: $60K - $95K. These are decent homes. I’ve been inside them with both guests. In 2009, Memphis saw no rent drops or occupancy drops. Last year, they expanded into Little Rock, Arkansas. You can start with a Memphis home for just $14K-$19K with down payment and closing costs. Expect a wait list. This reputable, longtime provider is popular. Resources mentioned: MidSouthHomeBuyers.com USDebtClock.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 Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold

44 MIN1 w ago
Comments
Is This America's Most Recession-Resilient Market?

Learn How To Increase Your Intelligence with John Assaraf

You really can gain intelligence in order to achieve wealth and success. Guest John Assaraf guides us in learning how. John is an expert in helping people achieve more. He grew RE/Max of Indiana to nearly $5 billion in sales. Success often comes from making “non-conforming” choices. I give you three examples of my own non-conforming decisions: moving from PA to AK, buying a four-plex, and even launching this show. “We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs tons.” -Jim Rohn Commitment drives beliefs, which drive habits, which drives behaviors. How “you see yourself” matters. Strengthen your strengths and manage your weaknesses. You own the most powerful biocomputer in the world - your brain. Few exercise it enough. Learn how to manage fear. It’s one of your strongest emotions. Financial and emotional safety are being preserved. When you control your fear, you can respon...

43 MIN2 w ago
Comments
Learn How To Increase Your Intelligence with John Assaraf

Interest Rates Hit All-Time Low, Drive An Oldsmobile In Winnipeg, CARES Act with Damion Lupo

Learn the history of interest rates, 1971-2020. Mortgage rates just hit all-time lows. Tenants are generally reliably paying the rent during the pandemic. Why? Government pays their income; expenses are lower because they can’t travel anywhere to spend. They have more to spend on the rent. Unnecessary businesses are collapsing: spas, salons, theatres. More than half of mall department stores could be closed by next year, like Macy’s, JC Penney, Lord & Taylor. If you don’t have multiple income streams, the pandemic is harder on you. Chase and Wells Fargo have shut off new HELOCs. Learn about first and second lien positions, subordination. Will car sales tank? No. I play three cornball TV commercial ads from the 1980s about interest rates - GMAC financing, a car dealer in Winnipeg, Manitoba. Chicago is the rare world-class city where investor numbers make sense. I provide street addresses of two available turnkey properties in NW Indiana (Chicagoland). Damion Lupo joins us. With th...

41 MIN3 w ago
Comments
Interest Rates Hit All-Time Low, Drive An Oldsmobile In Winnipeg, CARES Act with Damion Lupo

Could Home Prices And Rents Fall?

Can you count on rent collection in the pandemic? Could home prices drop? Is it better to buy property today, or say, six months from now? If you think that the pandemic will drag on for years and badly affect the economy, stay on the sidelines. Most think it'll bounce back this summer. I talk with guest Gregg Cohen, who helps manage 3,500 rental units in Jacksonville, FL for insight. Forbearance stabilizes housing values. Without it, some would have to sell their home. Many Florida residents are paid more from unemployment compensation than if they worked. This assists in rent collection. Gregg & his company offer you new construction Jacksonville, FL property. If your tenant cannot rent, they will pay your mortgage for you up to six months. This is only for GRE listeners that use this link: https://www.getricheducation.com/jax/ Resources mentioned: Jacksonville new construction property: GetRichEducation.com/JAX Mortgage Loans: RidgeLendingGroup.com QRPs: text “QRP” in ALL CAPS ...

48 MINMAY 4
Comments
Could Home Prices And Rents Fall?

Free Money? Mortgage Forbearance And You

You can postpone mortgage payments with forbearance. If you collect rent payments from your tenants, can you pocket it all and not pay your mortgage? What a windfall! (Complete episode transcript is below. Read along as you listen.) In crisis times, your cash flow is your cushion. Last year, the publication “Emerging Trends In Real Estate” forecast that the chances of a pandemic roiling the economy were low. The CARES Act’s effect is discussed. Payments follow five links in a chain: employer - renter - investor - mortgage servicer - mortgage-backed security holder. What’s the difference between a lender and a mortgage servicer? Ethics and greed. Are there deleterious consequences of forbearance? Resources mentioned: Read episode transcript at: www.GetRichEducation.com/290 CFPB Video on CARES Act: https://www.consumerfinance.gov/coronavirus/ cares-act-mortgage-forbearance-what-you-need-know/ Mortgage Loans: RidgeLendingGroup.com QRPs: text “QRP” in ALL CAPS to 72000 or: TotalCo...

32 MINAPR 27
Comments
Free Money? Mortgage Forbearance And You

Make Money By Following Migration Trends

Real estate investors should know something about Florida. Why? Migration. Navigating today’s property market takes more care than it did last year due to the pandemic. Primary residence buyers are being shut out. Investment property buyers are better off because “wannabe” homeowners must become renters due to higher mortgage qualification standards. To profit today, focus on your tenants income source and positive migration trends. Florida leads the U.S. in positive migration; it’s likely that the trend will continue. Why do people keep moving to Florida? Low cost of living, no state income tax, sun & warmth, job diversification & growth. New construction homes for investors are on infill lots, 4 bed, 2 bath homes are $250K. Greater Orlando & Central Florida attracts nearly 10,000 new residents every week - from The Space Coast in the east to Polk County in the west. Learn more at: www.GetRichEducation.com/Orlando New const. SFH prices start at $139,900 3/2/1 on ¼ acre. Duplex...

44 MINAPR 20
Comments
Make Money By Following Migration Trends

Is An Economic Depression Coming?

You get a clear answer to that question from both me and the Chief Economist of the oldest investment firm of its type in America, as he joins me today. Recession and depression differences are defined. Learn what created the 1930s Great Depression and 2000s Great Recession. You’re now living in what I call: “The Great Shutdown Of 2020”, induced by the coronavirus. This is an economic crisis on top of a health crisis on top of an oil shock. The Spanish Flu Pandemic of 1918 created a 7-month U.S. recession. Real estate flippers and developers are more at-risk than buy-and-hold investors. A doubling of the U.S. currency supply is possible in the next year or two, stoking inflation. I introduce the “Inflation Triple Crown” concept that benefits leveraged real estate investors. Brian Beaulieu, CEO and Chief Economist at ITR Economics since 1987, joins us to forecast your economic future amidst the current coronavirus pandemic. He says we’re in a recession now, thinks the economy b...

51 MINAPR 13
Comments
Is An Economic Depression Coming?

How To Invest In Timber

It grows through recessions. No tenants. No loans. Own trees and the land beneath it, titled how you choose. Experience growth in both the timber size, and often, value of your investment. A long-revered timber type is teak. Its natural oils make it unusually resistant to fire and termites. Demand - Today, teak is used in flooring, countertops, veneer, furniture. It’s been used in boatbuilding 2,000+ years. It was used on The Titanic. Supply - Teak is being harvested at 10x its replanting rate. I first learned about lumber in my youth when I spent a summer doing forestry and timber-marking work in upstate Pennsylvania. You can own teak trees and the land beneath it, ¼ acre at a time. Get started with your free Teak Resource Guide at: www.GetRichEducation.com/Teak Trees grow through recessions, wars, stock market crashes, and real estate market crashes. Teak expert and friend Rachel Jensen joins me in discussion. Plantation teak grows well in Panama and Nicaragua. Teak is native to...

45 MINAPR 6
Comments
How To Invest In Timber

How To Protect Yourself Financially During The Pandemic, Collecting Rent, Mortgage Update

A 10-step plan to ensure that your tenant pays the rent is revealed. In order, they are: proactivity, commitment, empathy, requirement, options, late fee, installments, security deposit, assistance, documentation. Real estate investors have time to react to the pandemic. Stock investors often didn’t. They lost 10%, 20%, 30% within weeks. Learn how volatility hurts stock investors. If the pandemic were as visible a threat as a fire-breathing Godzilla, more would adhere to shelter-in-place orders. For active real estate offers, pay more attention to where the tenants’ income originates. Large retailers are hiring, small retailers are firing. Caeli Ridge, President of Ridge Lending Group joins me to tell us about how coronavirus has changed the mortgage lending landscape. Jumbo loans and non-QM loans are no longer offered. Credit score, DTI requirements could soon become more stringent. Verification of employment now occurs right before loan funding. Mortgage rates still hover near h...

36 MINMAR 30
Comments
How To Protect Yourself Financially During The Pandemic, Collecting Rent, Mortgage Update

Latest Episodes

This Is Your Last Life Ever

Making a lasting impact is rare. Get uncomfortable being uncomfortable. You get more focus time by opting-out of 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

52 MIN3 d ago
Comments
This Is Your Last Life Ever

Is This America's Most Recession-Resilient Market?

Deflation is occurring before long-term inflation is expected. When people stop buying things, manufacturers can’t charge enough, so they stop making products. This results in more layoffs. Our national debt is $26 trillion. It’s doubtful that it will ever be repaid. This is why The Fed must inflate. MidSouthHomeBuyers.com has provided our listeners with more cash-flowing property than anyone. They’ve renovated 2,600+ homes in Memphis, TN and Little Rock, AR. They then place a tenant and manage the property for you. In the pandemic, renters prefer single-family homes over apartments. What makes Memphis so resilient? Shipping, distribution, transportation, medical. Memphis’ rental sweet spot is $660 - $990 for this class of property. Sale price: $60K - $95K. These are decent homes. I’ve been inside them with both guests. In 2009, Memphis saw no rent drops or occupancy drops. Last year, they expanded into Little Rock, Arkansas. You can start with a Memphis home for just $14K-$19K with down payment and closing costs. Expect a wait list. This reputable, longtime provider is popular. Resources mentioned: MidSouthHomeBuyers.com USDebtClock.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 Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold

44 MIN1 w ago
Comments
Is This America's Most Recession-Resilient Market?

Learn How To Increase Your Intelligence with John Assaraf

You really can gain intelligence in order to achieve wealth and success. Guest John Assaraf guides us in learning how. John is an expert in helping people achieve more. He grew RE/Max of Indiana to nearly $5 billion in sales. Success often comes from making “non-conforming” choices. I give you three examples of my own non-conforming decisions: moving from PA to AK, buying a four-plex, and even launching this show. “We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs tons.” -Jim Rohn Commitment drives beliefs, which drive habits, which drives behaviors. How “you see yourself” matters. Strengthen your strengths and manage your weaknesses. You own the most powerful biocomputer in the world - your brain. Few exercise it enough. Learn how to manage fear. It’s one of your strongest emotions. Financial and emotional safety are being preserved. When you control your fear, you can respon...

43 MIN2 w ago
Comments
Learn How To Increase Your Intelligence with John Assaraf

Interest Rates Hit All-Time Low, Drive An Oldsmobile In Winnipeg, CARES Act with Damion Lupo

Learn the history of interest rates, 1971-2020. Mortgage rates just hit all-time lows. Tenants are generally reliably paying the rent during the pandemic. Why? Government pays their income; expenses are lower because they can’t travel anywhere to spend. They have more to spend on the rent. Unnecessary businesses are collapsing: spas, salons, theatres. More than half of mall department stores could be closed by next year, like Macy’s, JC Penney, Lord & Taylor. If you don’t have multiple income streams, the pandemic is harder on you. Chase and Wells Fargo have shut off new HELOCs. Learn about first and second lien positions, subordination. Will car sales tank? No. I play three cornball TV commercial ads from the 1980s about interest rates - GMAC financing, a car dealer in Winnipeg, Manitoba. Chicago is the rare world-class city where investor numbers make sense. I provide street addresses of two available turnkey properties in NW Indiana (Chicagoland). Damion Lupo joins us. With th...

41 MIN3 w ago
Comments
Interest Rates Hit All-Time Low, Drive An Oldsmobile In Winnipeg, CARES Act with Damion Lupo

Could Home Prices And Rents Fall?

Can you count on rent collection in the pandemic? Could home prices drop? Is it better to buy property today, or say, six months from now? If you think that the pandemic will drag on for years and badly affect the economy, stay on the sidelines. Most think it'll bounce back this summer. I talk with guest Gregg Cohen, who helps manage 3,500 rental units in Jacksonville, FL for insight. Forbearance stabilizes housing values. Without it, some would have to sell their home. Many Florida residents are paid more from unemployment compensation than if they worked. This assists in rent collection. Gregg & his company offer you new construction Jacksonville, FL property. If your tenant cannot rent, they will pay your mortgage for you up to six months. This is only for GRE listeners that use this link: https://www.getricheducation.com/jax/ Resources mentioned: Jacksonville new construction property: GetRichEducation.com/JAX Mortgage Loans: RidgeLendingGroup.com QRPs: text “QRP” in ALL CAPS ...

48 MINMAY 4
Comments
Could Home Prices And Rents Fall?

Free Money? Mortgage Forbearance And You

You can postpone mortgage payments with forbearance. If you collect rent payments from your tenants, can you pocket it all and not pay your mortgage? What a windfall! (Complete episode transcript is below. Read along as you listen.) In crisis times, your cash flow is your cushion. Last year, the publication “Emerging Trends In Real Estate” forecast that the chances of a pandemic roiling the economy were low. The CARES Act’s effect is discussed. Payments follow five links in a chain: employer - renter - investor - mortgage servicer - mortgage-backed security holder. What’s the difference between a lender and a mortgage servicer? Ethics and greed. Are there deleterious consequences of forbearance? Resources mentioned: Read episode transcript at: www.GetRichEducation.com/290 CFPB Video on CARES Act: https://www.consumerfinance.gov/coronavirus/ cares-act-mortgage-forbearance-what-you-need-know/ Mortgage Loans: RidgeLendingGroup.com QRPs: text “QRP” in ALL CAPS to 72000 or: TotalCo...

32 MINAPR 27
Comments
Free Money? Mortgage Forbearance And You

Make Money By Following Migration Trends

Real estate investors should know something about Florida. Why? Migration. Navigating today’s property market takes more care than it did last year due to the pandemic. Primary residence buyers are being shut out. Investment property buyers are better off because “wannabe” homeowners must become renters due to higher mortgage qualification standards. To profit today, focus on your tenants income source and positive migration trends. Florida leads the U.S. in positive migration; it’s likely that the trend will continue. Why do people keep moving to Florida? Low cost of living, no state income tax, sun & warmth, job diversification & growth. New construction homes for investors are on infill lots, 4 bed, 2 bath homes are $250K. Greater Orlando & Central Florida attracts nearly 10,000 new residents every week - from The Space Coast in the east to Polk County in the west. Learn more at: www.GetRichEducation.com/Orlando New const. SFH prices start at $139,900 3/2/1 on ¼ acre. Duplex...

44 MINAPR 20
Comments
Make Money By Following Migration Trends

Is An Economic Depression Coming?

You get a clear answer to that question from both me and the Chief Economist of the oldest investment firm of its type in America, as he joins me today. Recession and depression differences are defined. Learn what created the 1930s Great Depression and 2000s Great Recession. You’re now living in what I call: “The Great Shutdown Of 2020”, induced by the coronavirus. This is an economic crisis on top of a health crisis on top of an oil shock. The Spanish Flu Pandemic of 1918 created a 7-month U.S. recession. Real estate flippers and developers are more at-risk than buy-and-hold investors. A doubling of the U.S. currency supply is possible in the next year or two, stoking inflation. I introduce the “Inflation Triple Crown” concept that benefits leveraged real estate investors. Brian Beaulieu, CEO and Chief Economist at ITR Economics since 1987, joins us to forecast your economic future amidst the current coronavirus pandemic. He says we’re in a recession now, thinks the economy b...

51 MINAPR 13
Comments
Is An Economic Depression Coming?

How To Invest In Timber

It grows through recessions. No tenants. No loans. Own trees and the land beneath it, titled how you choose. Experience growth in both the timber size, and often, value of your investment. A long-revered timber type is teak. Its natural oils make it unusually resistant to fire and termites. Demand - Today, teak is used in flooring, countertops, veneer, furniture. It’s been used in boatbuilding 2,000+ years. It was used on The Titanic. Supply - Teak is being harvested at 10x its replanting rate. I first learned about lumber in my youth when I spent a summer doing forestry and timber-marking work in upstate Pennsylvania. You can own teak trees and the land beneath it, ¼ acre at a time. Get started with your free Teak Resource Guide at: www.GetRichEducation.com/Teak Trees grow through recessions, wars, stock market crashes, and real estate market crashes. Teak expert and friend Rachel Jensen joins me in discussion. Plantation teak grows well in Panama and Nicaragua. Teak is native to...

45 MINAPR 6
Comments
How To Invest In Timber

How To Protect Yourself Financially During The Pandemic, Collecting Rent, Mortgage Update

A 10-step plan to ensure that your tenant pays the rent is revealed. In order, they are: proactivity, commitment, empathy, requirement, options, late fee, installments, security deposit, assistance, documentation. Real estate investors have time to react to the pandemic. Stock investors often didn’t. They lost 10%, 20%, 30% within weeks. Learn how volatility hurts stock investors. If the pandemic were as visible a threat as a fire-breathing Godzilla, more would adhere to shelter-in-place orders. For active real estate offers, pay more attention to where the tenants’ income originates. Large retailers are hiring, small retailers are firing. Caeli Ridge, President of Ridge Lending Group joins me to tell us about how coronavirus has changed the mortgage lending landscape. Jumbo loans and non-QM loans are no longer offered. Credit score, DTI requirements could soon become more stringent. Verification of employment now occurs right before loan funding. Mortgage rates still hover near h...

36 MINMAR 30
Comments
How To Protect Yourself Financially During The Pandemic, Collecting Rent, Mortgage Update
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