Get Rich Education

#84: Robert Kiyosaki is our guest today. He tells us about his friendship with Donald Trump, why he's buying oil, discusses the four types of intelligence, and tells us about his long-predicted Economic Crash. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 02:24 Kiyosaki has influenced Keith's investing thoughts more than anyone else. 04:17 A 401(k) is not a good investment. Why not? It doesn't pay you. You pay it. 06:46 The words you use help define the life you live. Examples: "cash flow" vs. "budget" and "saving money" vs. "getting liquid." 09:54 "Rich Dad, Poor Dad" meaning, and global reach. 19:36 What Kiyosaki learned from Donald Trump. 22:04 Four types of intelligence: IQ, EQ, PQ, SQ. 24:25 Savers are losers. Why would you save money? 25:24 Economic Crash of 2016? 27:54 Robert has lost money in business, but not in real estate. 30:05 How to invest $100,000 today. 33:38 Kiyosaki is buying oil. 36:50 Giving to others. 38:00 Good Debt vs. Bad Debt. Fiscal vs. Economic. 40:38 Studying and learning leads to winning at investing. 42:09 QE, Inflation, and Gold. 46:53 Interview recap. 48:21 Instead of saying "It Can't Be Done," ask "How Can It Be Done?" 51:09 Don't live below your means, expand your means. Resources Mentioned: Rich Dad, Poor Dad Rich Dad Website Corporate Direct Norada Real Estate Coffee@GetRichEducation.com The Real Estate Guys Investor Summit At Sea Get Rich Education Website Want a free GRE logo decal? Just write a podcast review; here's how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com for your decal.

#83: When should you turn your little green rental houses into a big red apartment building? Keith and Michael Blank from Bigger Pockets discuss this. Get profit-boosting tips on both buying apartment buildings, and syndicating them. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 02:38 Would you rather have 40 single family homes or 40 apartment units? 05:04 Tenant mix. 10:00 Michael transitions from the pizza restaurant business into raising money for real estate. 11:58 Running out of money is not your problem. It's your opportunity. 12:31 RE Investor vs. RE Entrepreneur. 13:25 For syndicators, it's easier to find the money than the apartment deal. 14:52 How do you find "the deal" today? 15:55 How do you get your offer accepted in a competitive climate? 21:26 Panama coffee parcel discounts up until June 30th. 23:32 Ways to increase a property's NOI and cash flow. 28:06 Valuation advantages of apartment buildings over smaller properties. 29:14 How to get started in apartment building investing. 33:05 Mentally moving yourself from an RE Investor to an RE Syndicator. 34:32 Real estate problems and lessons. Michael's worst deal turned out well. 39:30 In life, "Be Intentional." 43:20 Keith's take on some expenses that apartment investors fail to consider. Resources Mentioned: TheMichaelBlank.com/GRE - Get Michael's free e-Book. "The Secret To Raising Money (To Buy Your First Apartment Building)". Rich Dad, Poor Dad - Life-changing Robert Kiyosaki book cited by Michael. Get a Proof Of Funds letter for $5 - https://cogocapital.com/lp/home/get-a-proof-of-funds-letter/ Loopnet.com | Ccim.com | Ten-x.com - Resources for apartments, deals, and brokers. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. Coffee@GetRichEducation.com - Send an e-mail here for coffee parcel discount. MidSouthHomeBuyers.com - Top-Notch turnkey rental property in Memphis, Tennessee. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We'll send you one if you write a podcast review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com for your decal.

#82: Your offer is accepted, your Earnest Money goes into to escrow, then your property has an Inspection, Appraisal, and more - all the way to closing. We discuss those steps, tell you what your action items are, and discuss how long the income property-buying process takes. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 02:00 Robert Kiyosaki will be our guest in two weeks. 04:11 Why we're embarking on the best decade ever for income property investing. 05:41 Why would anyone sell you a cash-flowing property? Many reasons given. 11:59 How to identify a winning income property: RV Ratio, eliminate your emotion, turnkey buying. 17:48 Investors get excited by the next deal. Remember to protect what you have. 19:20 What your Mortgage Loan Officer needs from you. Pre-approval letter. 20:22 Can you negotiate the property price with turnkey providers? Yes. 21:15 Submitting your Earnest Money. 23:03 Get a professional Property Inspection. What to expect. 27:17 Your Property Management Agreement. 28:21 Property Insurance. 29:18 Get a relationship with your Property Manager. 31:42 Your Property Appraisal. 33:23 Mobile Notary. 35:42 Real estate's lack of liquidity contributes to its price stability. 36:14 You need to act. You won't make money from the property that you don't own. Resources Mentioned: CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. MidSouthHomeBuyers.com - Top-Notch turnkey rental property in Memphis, Tennessee. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We'll send you one if you write a podcast review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com for your decal.

#81: At age 22 he was broke, clueless, and sleeping on the floor of a small home with ten other broke college guys. Then Sean Gray started to ask himself better questions. Within six months, he was making $10K+ per month, travelling the world, meeting his business heroes and "being who he is becoming." Today, at just age 24, he's an author, speaker, international real estate investor, business owner, and Rich Dad Education rep. Sean is the son of The Real Estate Guys' Russell Gray. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 03:12 Sean Gray Interview begins. 04:50 Sean's father taught him how to think, and how to ask himself better questions. 07:10 Being unemployable. 08:37 Did Sean get any financial education in high school or college? 10:37 Sean's top three keys to success: 1) Change how you think. 2) Get a mentor. 3) Change the people you're around. 11:53 Sean's income comes from sales. 13:00 How Sean was introduced to Rich Dad Education. 16:45 How does Sean answer the question: "What do you do?" 17:56 "Start retired. Don't live to get paid; get paid to live." - Sean Gray 22:16 Why real estate? 26:42 One must unlearn before they can learn. 401(k)s and home equity. 29:31 Changing from scarcity to abundance. 31:50 Most people don't even know what they want in life. They want freedom. 35:15 Can technology and Millennial entrepreneurship save us from an economic crash? Resources Mentioned: RealWorldMasters.com - If you want to escape The Rat Race, check out Sean Gray - especially if you're a Millennial. Books: "Rich Dad, Poor Dad" by Robert Kiyosaki | "Turning Pro" By Steven Pressfield | "Outwitting The Devil" by Napoleon Hill NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com We'll send you a GRE logo decal.

#80: Think you lack the time to invest in real estate? Consider Gino Barbaro. Gino is a husband, father of six, longtime former restaurant owner, and controls $32M of property along with his business partner, Jake Stenziano. They're the two authors of "Wheelbarrow Profits: How To Create Passive Income, Build Wealth, and Take Control Of Your Destiny Through Multifamily Real Estate Investing." It shows you dramatic, actionable ways that Jake and Gino increase property cash flows. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 01:20 Robert Kiyosaki will appear here with Keith next month. 03:57 GRE has a new Recommended Reading List: GetRichEducation.com/Read 04:48 What Keith dislikes about one popular RE investing book. 07:40 Millionaires are not wealthy. You heard that right. 08:46 Guest interview begins. 15:30 Business partnerships - what makes them work? 19:50 Wheelbarrow analogy - Two legs: buying & financing. One wheel: managing. 26:02 How to identify a building for "wheelbarrow profits." 30:15 Here's how to find a "motivated seller." That's where the deals are. 31:19 Increasing property NOI and cash flow with "repositioning" within two years. 36:10 Negotiation tips and strategy. Gino shares the emotional roller coaster of dealmaking. 42:48 What you must do when you take over a building that you just purchased. 46:28 How to fill a vacant unit quickly. Resources Mentioned: JakeandGino.com - Website of today's guests. Wheelbarrow Profits - Amazon book page. RentOMeter.com - Find local market rents. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. Mention "Get Rich Education" for a free bonus. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com We'll send you a GRE logo decal.

#79: To be financially free, you must convert your equity into cash flow. Here's how. When you have money, are you led to temptation and "buy high"? When you need money, are you tempted to "sell low?" Learn how to break that behavior. Financial freedom through real estate recently enabled our guest to move from urban California to an Oregon farm. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 02:50 Financial freedom via real estate enabled David to move from urban California to an Oregon farm and orchard. 06:35 Once you know your "compelling why" it will embolden you. You act. 09:39 Quit trading your time for money. 12:53 Your Personal Investment Cycle versus the Market Cycle. 14:53 The essential investor resources of cash, cash flow, equity, credit. 17:17 Investing for profits vs. investing for wages. 22:30 What to do when your personal investment desires don't match with market cycles? Buy high? Sell low? No. 25:02 Keith and David don't invest much in the stock market; but here's why they watch it. 28:25 Low interest rates continue to be a great opportunity. Here's why. 36:10 Cap rate minus interest rate equals your profit. 41:06 A cash dollar is different than an equity dollar. Resources Mentioned: HassleFreeCashFlowInvesting.com - David Campbell's videos, blog, webinars, opportunities, and investor resources. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. CorporateDirect.com - Garrett Sutton's company builds your business structure and protects your assets. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com We'll send you a GRE logo decal.

#78: You're a better investor today than yesterday. Here's why you're going to be an even better investor tomorrow. How the $15 minimum wage will enrich you. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 00:57 Why you - and everyone - is an investor. 02:15 Do you pay cash for a car or instead do you get a car loan? 06:40 In business and real estate investing, the product is often least important thing. 08:28 People, process, and product. 13:40 Stereotypical wealthy-sounding names. 18:48 Why it's difficult to anticipate stock market movement. 21:07 Why a $15 minimum wage is good for you. Resources Mentioned: "The Profit" TV show with Marcus Lemonis. City-Data.com | BLS.gov | NeighborhoodScout.com - For real estate market research. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. MidSouthHomeBuyers.com - Cash-Flowing turnkey real estate in Memphis, TN. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com We'll send you a GRE logo decal.

#77: "Passive" means you don't have to work actively in real estate in order to profit. But "passive" still means "involved." Our guest is Norada Real Estate Investments' Marco Santarelli. Norada offers you turnkey real estate investments in multiple US markets. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 02:57 Listen to people whom were investing in real estate during the 2008 & 2009 Financial Crisis like Keith and Marco. They understand harder times. 03:28 Marco Santarelli interview begins. 08:58 Turnkey real estate defined. What to look for in a profitable passive investment. 13:40 Shortcomings of turnkey and passive real estate investing. You still need to do your due diligence. 14:35 Why Keith thinks turnkey real estate investing is in a "sweet spot" of ROI and control. 17:37 What's your time worth? 19:41 10 Rules For Successful Real Estate Investing. 36:33 Should the turnkey seller and the property manager be in the same company? 38:31 Always get a home inspection. 41:30 Linear, cyclical and hybrid markets. 42:29 The best U.S. geographic markets today for buy-and-hold real estate investors. 43:55 Rent-To-Value ratios of 0.9% to 1.2% today. 45:00 Is turnkey RE investing too good to be true? Resources: PassiveRealEstateInvesting.com - Free investor education from Marco Santarelli. NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. Robert G. Allen's Amazon books page GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com We'll send you a GRE logo decal.

#76: Your #1 investment is your own education. Discover how to retain more of what you learn as an investor. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 01:10 People will pay you 30% of their income to live somewhere. 04:38 Affordability will be a problem for future renters. 06:14 Robert Kiyosaki. 07:55 Cone Of Learning. 10:20 A brand new way for you to learn. 11:50 You need to get on the coin's edge. 13:20 Why you need information, not mere affirmation. 15:37 Keith just did something many would consider crazy. 17:45 Be the worst investor in the room. 18:24 Jim Rickards' interest rate prediction. 19:40 Self-directed IRAs. 21:39 Tom Hopkins: Why you need to be a master asker. 24:06 Why agricultural RE investing is a great opportunity. Resources: NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. GetRichEducation.com/Coffee - Get the free report on cash-flowing coffee farmland, with parcels titled to you. Fiverr.com | Upwork.com | HireMyMom.com - Where Keith outsources his tasks. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com We'll send you a GRE logo decal.

#75: Keith returned from the annual Investor Summit At Sea. Get the cutting-edge recap on topics from apartment building financing to gold to market predictions. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week's show and learn: 03:27 What to avoid in forming a real estate partnership. 05:23 Insiders and thought leaders think the U.S. is headed straight to recession. 07:06 Jim Rickards recently stated that there will be no more QE & how that affects you. 08:58 The U.S. government's #1 asset is student loan debt. 10:24 Negative interest rates are coming to the United States. 11:04 What do negative interest rates mean to you? 18:45 Keith and a faculty member's discussion about real estate and gold. 21:20 "White guys buy bonds. Asian guys buy gold." -Robert Kiyosaki 21:53 Sunken ships. 22:40 People have predicted the end of the world since the beginning of the world. 24:22 Apartment building financing today. 27:15 What is a "non-recourse" loan? Resources: NoradaRealEstate.com or call (800) 611-3060. Your Premier Source for Nationwide Turnkey Cash-Flow Investment Property. RidgeLendingGroup.com or 1-855-74-RIDGE. Call them today. Why? They specialize in income property loans & can finance up to 35 rental properties for you. GetRichEducation.com - that's where to subscribe to our free newsletter, receive turnkey real estate webinar opportunities, and see all Events. Download the GRE Android App at Google Play to keep the GRE icon right on your phone's home screen! Want a free GRE logo decal? We would be so grateful if you wrote a review! Here's how to write one at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com We'll send you a GRE logo decal.