Get Rich Education

#34: Author, Investor, and Entrepreneur Gena Lofton transformed her life from homeless in southcentral Los Angeles to owning 2,000 rental units today. Listen to this week's show and learn: 02:12 What the concept of "Sending the elevator back down" means. 10:55 One wealth-building element is being a contrarian. 13:34 Gena didn't have a "Rich Dad" or a "Poor Dad." 15:45 The value in Gena's book is its beautiful simplicity. 16:41 How to know when your "why" is strong enough. 20:24 The "genie" inside of us. 21:14 How Gena gets rich with debt. Resources mentioned: Book - Escape The Madness: 10 Steps To Get Out Of The Rat Race PassiveIncomeAdvisors.com – Gena's website TheLandGeek.com/GRE MidSouthHomeBuyers.com New! Check out the beta version site at GetRichEducation.com Download the GRE Android App at Google Play and keep the GRE icon right on your phone's home screen! We would be grateful to you for writing a review. Here's how to write one on: iTunes, Stitcher, or Android!

#33: Millionaires are not wealthy. In the end, you ultimately don't seek financial wealth anyway. Listen to this week's show and learn: 01:31 GRE is perhaps the only show that regularly delivers all three: education, actionable content, and motivation. 02:35 Listeners are taking action toward a GRE mantra of "Don't follow money. Make money follow you." 04:38 If you aspire to be a U.S. dollar millionaire, you're losing. 08:24 Inflation debases a dollar's value and the worth of a millionaire. 09:54 Why America continues to have an inflationary mandate. 11:58 Wealthy people buy time. Middle class and poor people sell time. 14:44 Living well and giving well trumps the financial wealth created through real estate investing. Most forget this. 16:58 How wealthy people buy fun toys that enhance their lifestyle. 18:40 Keith's "hero". 20:22 At the end of your life, how will your autobiography or obituary read if it tells the truth? 23:12 Mark Podolsky, aka "The Land Geek", has a compelling, profitable business model that you can learn. 25:01 How to contact Keith if you would like him as a live speaker at your event. Resources mentioned: www.TheLandGeek.com/GRE www.MidSouthHomeBuyers.com New! Check out the beta version site at GetRichEducation.com GRE has a new Android App. Download it at Google Play and keep the GRE icon right on your phone's home screen!

#32: Future technologies like 3-D Printing, Drones, Robotics, Bionics, and Asteroid Mining promise to change your real estate and other investing. Listen to this week's show and learn: 02:38 Technological change over the last 10 years. 05:32 Learning about the future does not dispense fear; it dispels fear. 08:03 How 3-D Printing will change real estate investing. 12:56 Asteroid mining could change earth's resource extraction industry. 18:58 3-D Printing of consumer products, medical devices, food, and even cars. 22:30 A user-friendly interface is what turns an emerging technology into mainstream adoption. 24:30 Robotics can change the geographic distribution of jobs. 26:31 Technology often doesn't eliminate employment. Rather, it shifts. 29:04 The future's influence on residential real estate versus other real estate types. 30:30 Does technological gain correlate with urbanization or de-urbanization? 32:33 Bionics. When will technology disrupt culture such that it changes what "being human" means? Resources mentioned: StevenKotler.com Steven Kotler Wikipedia Page Steven's latest book: Tomorrowland PlanetaryResources.com X Prize International Coffee Farms website E-mail Coffee@GetRichEducation.com with your contact info. for a generous discount on this investment, only for Get Rich Education listeners. You are not obligated to buy anything. New! Check out the beta version site at GetRichEducation.com GRE has a new Android App. Download it at Google Play and keep the GRE icon right on your phone's home screen!

#31: Mortgage interest rates are just one of many influences on real estate values and rent income. Listen to this week's show and learn: 01:28 Get Rich Education vs. College Education. 03:58 The rate of home ownership has declined over the last decade. This is good for income property investors. 06:03 The irony that the greatest investment asset – real estate - is ubiquitous. 08:55 Other people's money. 11:30 How are 25% to 30%+ annual rates of return with investment real estate considered common? 16:28 Some U.S. real estate advantages compared with Canada. 18:42 What will higher mortgage rates do to housing prices? 21:24 Housing price-to-income ratios in the U.S., Canada, Europe, South Africa, Australia. 23:11 What makes renters keep renting rather than be homeowners. 29:43 Why it's better to invest in residential - rather than retail, office, industrial, and other types of real estate. Resources mentioned: Mortgage News Daily – Keith's favorite mortgage resource Numbeo.com – A great housing price indicator resource International Coffee Farms website For a generous discount on this investment, E-mail your contact info. to Coffee@GetRichEducation.com GRE has a new Android App! Download it at Google Play. You can keep the GRE icon right on your phone's home screen!

#30: What do common investor vocabulary terms mean and why do they matter to you? Listen to this week's show and learn: 01:19 Get Rich Education has a new Android App at Google Play. 01:36 Why Keith sold stock when the S&P 500 Index was at 1,960 points. 03:05 S&P 500 Index and Dow Jones Industrial Average. 05:29 Why your local real estate team is often biased and cannot impartially serve you. 08:42 Why you want to build streams of income, not pools of cash. 10:32 Why real estate is not an "alternative" investment. Stocks are. 12:05 A damaging hail storm occurred in Dallas - a popular RE investor market. 14:57 International Coffee Farms and the benefits of diversifying in real assets internationally. 21:05 Hyperinflation. 22:50 Leverage, Leverage Ratio. 25:10 Title Insurance. What is it? 26:40 Value. The acronym D-U-S-T: Demand, Utility, Scarcity, Transferability. 30:32 How sharing Get Rich Education with others ultimately helps you. Resources mentioned: International Coffee Farms website E-mail Coffee@GetRichEducation.com and provide your contact info. for a generous discount on this investment, only for Get Rich Education listeners. You aren't obligated to buy anything. Investopedia.com GRE has a new Android App. Download it at Google Play!

#29: Don Hobbs of "The One Thing" speaking tour tells us how to create more time and happiness in our lives. Listen to this week's show and learn: 02:33 Listener feedback. They're acting toward changing their lives. 06:06 Turnkey real estate investing. 11:03 Don Hobbs interview begins. 13:03 What is "The One Thing" that you do that will make everything else in your life easier? 16:05 Aspire to your best-and-highest use. 17:12 "The Domino Principle" optimizes your efficiency. 20:20 Multi-Tasking is a waste! 21:44 Time Blocking. Resources mentioned: The One Thing live training webinars The One Thing – book International Coffee Farms – cash-flowing coffee farms where you own the land Jim Rohn Kassandra Taggart Boltman's book Mid South Home Buyers – Memphis turnkey property Join the GRE Facebook Page at Facebook.com/GetRichEducation Just launched - the GRE podcast Android App!

#28: How to invest in cash-flowing, turnkey agricultural real estate with Keith's trusted provider. You own the land. Listen to this week's show and learn: 02:33 Agriculture is one of the earliest human uses of real estate. 03:52 Coffee has sustainable world demand. Specialty coffee has short supply and high demand. 04:30 Some of the world's most savvy economists are now investing in agriculture. 09:21 David Sewell, Founder of International Coffee Farms (ICFC), compares Panama's infrastructure and business climate to other world nations. 13:56 David has a history of success by providing cash flow to investors with Colombian coffee farms. Today, he does this for you in Panama. 15:51 The difference between specialty coffee and commercial coffee. 18:41 The points grading system for coffee quality. 20:00 The strength of ICFC's management team and harvest methods optimize investor cash flow. 25:15 Social sustainability - investors help farm hands. 27:41 Your investor rates of return. 31:51 The timing of your projected cash flow payouts. 34:10 The coffee farm parcels that Keith owns is the only real estate in his portfolio that he will never sell. 34:30 Farm tours are open to both investors and those just potentially interested. 38:55 David Sewell reveals the very generous offer that he makes just for Get Rich Education listeners by sending your name & contact info. to Coffee@GetRichEducation.com Resources mentioned: International Coffee Farms website E-mail Coffee@GetRichEducation.com and provide your contact info. for a generous discount on this investment, only for Get Rich Education listeners through July 31, 2015. Specialty Coffee Association Of America – coffee points grading system AudibleTrial.com/GetRichEducation - Get your free audiobook & 30-day free trial Join the GRE Facebook Page New! GRE is now on SoundCloud

#27: Mark Podolsky tells Get Rich Education how he produces cash flow from raw land. Listen to this week's show and learn: 02:05 Residential property management, fees, and an operations example at Keith's 11-plex apartment building. 06:51 The classic professional management vs. self-management debate. 07:47 Mark Podolsky's model eliminates the need for any property management at all. 09:57 Mark Podolsky interview begins and he explains his business model. 15:10 How to find out when & where land auctions are. 16:28 An example of how to structure a cash flowing raw land deal. 18:06 Why you can buy others' raw land for pennies on the dollar. 19:29 How to identify the best land parcels. 25:45 How to start with essentially zero money. 28:11 What one needs to know before starting. 30:02 Mark's big mistake. Resources mentioned: www.TheLandGeek.com The Best Passive Income Model podcast www.Naco.org www.WeGoLook.com New: You can now hear GRE on SoundCloud

#26: Keith takes the microphone himself this week, helping cultivate an abundance mindset to give investors new epiphanies and motivation. Listen to this week's show and learn: 02:14 Do you seek information or affirmation? 04:59 The quickest path to your wealth is guided by The Law Of Conformity. You might want to edit your existing friends list! 07:25 A profound comparison between slug, ant, hen, and human. How this helps you elevate awareness. 10:08 How expansionary investing thought permeates into other facets of your life. 12:45 A spin on how to define your goal. 15:55 "Maslow's Hierarchy Of Needs" applied to your real estate investing life. 21:23 The value in "thinking about how you're thinking". 23:03 For more shows like this, listen to Get Rich Education episodes 1, 2, 5, and 17. Resources mentioned: Maslow's Hierarchy Of Needs Peter Sage Robert Kiyosaki's new book Second Chance Get any free audiobook & 30-day free trial at AudibleTrial.com/GetRichEducation Join the GRE Facebook Page Now On Twitter - Follow GRE! New: You can now hear GRE on SoundCloud

#25: There aren't many famous real estate investors. There's Barbara Corcoran, Donald Trump, Ted Turner, and today's guest…Ken McElroy. Listen to this week's show and learn: 02:00 Keith cannot think of a greater contributor to real estate investing education this generation than Ken McElroy. 04:04 Last month, Robert Kiyosaki, Ken, and Keith were in the same room when Robert dubbed Ken McElroy "The Greatest Real Estate Investor In The World Today." 05:08 Ken began in real estate as a Seattle property manager. 08:12 RE agents often don't own investment real estate and they try to "sell buyers on the future." Instead, use a Property Manager to find what rents really will be. 11:30 Buy investment real estate for cash flow rather than capital gains. 13:23 "Real estate is really dumb and it moves slow." Buy where the jobs are going to be. 15:40 How Ken looks for opportunity in a new purchase. 16:50 When Ken would want to buy a vacant four-plex rather than an occupied one. 20:18 Actionable ways to add value to multifamily properties. 25:30 How large of a property does it take for on-site property management to make sense? 27:47 How Ken beats out other offers for a property that he wants to buy. 31:28 The time and freedom that real estate investing affords Ken's family. 32:46 The advice that today's Ken McElroy would provide to a 20-year-old Ken McElroy. Resources mentioned: www.KenFlix.com - Online video tutorials from Ken! www.KenMcElroy.com www.MCCompanies.com Ken McElroy's top-selling book The ABCs of Real Estate Investing Robert Kiyosaki's new book Second Chance Get any free Audible audiobook & 30-day free trial Join the Facebook Page Now on Twitter! New: you can listen to us on SoundCloud!