Get Rich Education
Episodes
287: How To Invest In Timber
06 Apr 2020
Contributed by Lukas
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...
286: How To Protect Yourself Financially During The Pandemic, Collecting Rent, Mortgage Update
30 Mar 2020
Contributed by Lukas
A 10-step plan to ensure that your tenant pays the rent is revealed. In order, they are: proactivity, commitment, empathy, requirement, options, late ...
285: Your Pandemic Investing Strategy & Mindset
23 Mar 2020
Contributed by Lukas
Unemployment is rising. Mortgage rates hit record lows two weeks ago. Stocks have fallen 32% from recent highs. Oil has fallen with a thud. Your lif...
284: Coronavirus And Your Money
16 Mar 2020
Contributed by Lukas
The novel coronavirus threatens life, business, and the economy. 11 years of U.S. economic expansion could end soon. (**The entire episode transcript ...
283: Don't Save For Retirement with Daniel Ameduri
09 Mar 2020
Contributed by Lukas
You'll struggle unnecessarily in life if you "maximize" conventional retirement plans. How can this be? Historically, rather than deferring your incom...
282: Predicting Your Economic Future with Brian Beaulieu
02 Mar 2020
Contributed by Lukas
The next recession, and your next 3-10 economic years are predicted by our guest today. He is Brian Beaulieu, CEO of America's oldest privately-held c...
281: Real Estate's Secret Market
24 Feb 2020
Contributed by Lukas
One of America's most underappreciated markets is right in the heart of cash flow country. Rent-to-price ratios are often 1%. Americans are moving f...
280: Your Questions: Housing Bubble, Inspections, Student Loans, Report Cards
17 Feb 2020
Contributed by Lukas
Before you buy a property, I discuss something crucial that you're probably missing. Five of your listener questions are answered. (The entire episo...
279: Trump Could End Fannie & Freddie Backing with Caeli Ridge
10 Feb 2020
Contributed by Lukas
Donald Trump's re-election could end Fannie Mae and Freddie Mac conservatorship of mortgage loans. This could mean that fixed rate mortgage loans disa...
278: How The Fed Is Corrupting America with Dr. Chris Martenson
03 Feb 2020
Contributed by Lukas
You're affected by interest rates and inflation as both a consumer and real estate investor. A 50% return is not necessarily risky: I review the 5 ...
277: How To Build Wealth Faster with the Pareto Principle, QRPs
27 Jan 2020
Contributed by Lukas
You only need to be 1% better ... to go from good to great. This is due to accumulative advantage, which is the engine that drives "The Pareto Princip...
276: Weinhold, Wheelwright, Benna on 401(k)s, RE Pro Designation
20 Jan 2020
Contributed by Lukas
Even a dollar-per-dollar match from your employer might not make 401(k) participation worthwhile. "Timing" could be the most underrated word in invest...
275: Go Out On A Limb
13 Jan 2020
Contributed by Lukas
Most people sell their time for dollars. Were you really meant to do what you're doing right now? Mark Twain said, "Why not go out on a limb? That's w...
274: How To Self-Manage Your Property with Kevin Cross
06 Jan 2020
Contributed by Lukas
Get 15 - 30% more rent income for your existing property. Learn how to attract a better "Class B" tenant to a lesser "Class C" property. We're getting...
273: Real Estate vs. Stocks with Brent Sutherland
30 Dec 2019
Contributed by Lukas
Financial advisors don't talk about real estate for three reasons: They'd receive no compensation. Lack of education. Regulatory oversight. Among ed...
272: Refinancing, NIRP, GRE Listener Andrew Stanton
23 Dec 2019
Contributed by Lukas
Put more cash flow in your pocket by refinancing now. Refinance conditions are ripe: equity up, interest rates down. If you own property and interest ...
271: Permanently Reduce Your Taxes with Tom Wheelwright
16 Dec 2019
Contributed by Lukas
Your biggest expense in life is taxes - income tax, sales tax, property tax, capital gains tax, inheritance tax. Taxation is not adjusted for inflatio...
270: How To Own Agricultural Real Estate
09 Dec 2019
Contributed by Lukas
You don't have to get your hands dirty or own a tractor to have your own agricultural real estate. Humans need food to eat. Even futurists know that p...
269: How Wealthy People Think
02 Dec 2019
Contributed by Lukas
Money matters. It buys you freedom, options, and even the best medical care. You have the same 168 hours per week as Jeff Bezos or Bill Gates. Getting...
268: How To Double Your Real Estate Return (BRRRR)
25 Nov 2019
Contributed by Lukas
Rent amounts are more stable than real estate prices. The rent amount you can charge is based on incomes in an area. In real estate: rents behave rigi...
267: A Billion Gajillion Fafillion Dollars with Richard Duncan
18 Nov 2019
Contributed by Lukas
Today, money is being printed on a massive scale. Interest rates have plunged. This is a Fed "U-turn" from last year when money was being destroyed ...
266: Fourplex Financial Freedom with FIG's Steve Olson
11 Nov 2019
Contributed by Lukas
A four-unit building is how I began in real estate. Fourplexes can provide you with great financing terms and economies of scale. Steve Olson of the F...
265: Planning For A Recession & More Listener Questions
04 Nov 2019
Contributed by Lukas
Get a market update. Next, I answer your listener questions: 1: How do I start if I know nothing about real estate? 2: What's better: existing or new ...
264: Keith Weinhold & Grant Cardone "10X" Your Wealth
28 Oct 2019
Contributed by Lukas
Grant Cardone is our guest today. He's the world's #1 sales trainer, 10X Movement Leader, and prominent real estate investor with $1.4B AUM. We discus...
263: Will 30-Year Mortgages Disappear? With Caeli Ridge
21 Oct 2019
Contributed by Lukas
Fannie Mae and Freddie Mac privatization could mean that the 30-year fixed amortizing loan - America's favorite - disappears. Ridge Lending Group Pres...
262: Volatility & Fees Kill Returns, Alabama Among Top RE States In U.S.
14 Oct 2019
Contributed by Lukas
Alabama might be the top real estate investment state in the U.S. Why? Low cost properties, low tax, landlord-friendly, growth, warm weather, and ad...
261: Five Years Ago: Episode One
07 Oct 2019
Contributed by Lukas
The first episode of one of America's most influential investing shows began October 10th, 2014. Here it is - uncut with gaffes, breathing and bumpi...
260: The Debt Decamillionaire
30 Sep 2019
Contributed by Lukas
$10 million in debt could BENEFIT you. I describe how. There are more "free-and-clear" homes today than in 2006. I tell you why. A major platform pu...
259: Turnkey vs. Syndication, CBD Investing
23 Sep 2019
Contributed by Lukas
Turnkey real estate vs. syndication compared. Cannabis production is like today's gold rush in agricultural real estate and retail. CBD is medical can...
258: Single-Family Rental Property Today
16 Sep 2019
Contributed by Lukas
Single-family rentals have 16 advantages over apartments: Tenant quality, appreciation, neighborhood, school district, retention, no common areas, u...
257: Spend Your Money … Lots Of It
09 Sep 2019
Contributed by Lukas
Five benefits of spending your money are discussed. (What? Is this irresponsible?) Keith Weinhold tackles the rarely-discussed benefits of money-spend...
256: The Real Estate Numbers That Matter with Frank Gallinelli
02 Sep 2019
Contributed by Lukas
Real estate math is simple: add, subtract, multiply, divide. There's no complex math like trigonometry, algebra or exponents. Frank Gallinelli, Ivy Le...
255: State Of The Real Estate Market with Daren Blomquist
26 Aug 2019
Contributed by Lukas
Keith Weinhold says the word of this real estate era may be: "supply". Why? The U.S. just hit its lowest rental vacancy rate in 35 years: 6.8%. Also...
254: Grow Rich In Your Sleep
19 Aug 2019
Contributed by Lukas
If I pay you $114 an hour to mow my lawn, could you get wealthy that way? No. You'd have to work all 8,760 hours in a year just to make your first mil...
253: Jim Rickards | Aftermath
12 Aug 2019
Contributed by Lukas
Jim Rickards is our guest today. Debt is growing faster than the economy. In an eventual financial crisis, we discuss how a real estate investor wil...
252: The Power Of Now
05 Aug 2019
Contributed by Lukas
Imagine that you're paid $8.5 million - your entire life's earnings - all on the last day of your life. But you received nothing until then. That inco...
251: Floating Ocean Cities - Seasteading with Joe Quirk
29 Jul 2019
Contributed by Lukas
Floating ocean nations can provide solutions to rising sea levels, overpopulation, and poor governance. It's known as "seasteading". Joe Quirk o...
250: How To Raise Rents And Retain Your Tenants, Dayton
22 Jul 2019
Contributed by Lukas
Tenant retention begins before move-in: Use a move-in checklist with the tenant. Move-in gift and packet. Communication. Ongoing tenant retenti...
249: Beginner's Real Estate Investing Guide
15 Jul 2019
Contributed by Lukas
Two big mistakes are: 1) Renting out your former primary residence. 2) Only being invested in one market. This Beginner's Real Estate Investing Audi...
248: Why Property Managers Are Heroes with GRE's John Collins
08 Jul 2019
Contributed by Lukas
Property management is the glue that makes your investment stick together. But it's a tough job. GRE's own John Collins has done management consulting...
247: Cash Flow vs. Appreciation and Measuring Your Risk
01 Jul 2019
Contributed by Lukas
Long-term rentals beat AirBnb and other short-term rentals (STRs) in a recession. STRs depend on vacationers. Stocks typically have a Cash-On-Cash R...
246: When Real Estate Crashes, College, Join Me For Our Tampa Field Trip
24 Jun 2019
Contributed by Lukas
If a Depression occurs, you'll feel pain as a real estate investor. RE values and rents will both decrease. Awful. But stock and mutual fund investors...
245: Amazon Is Selling $20K Houses, ATM Investing For Strong Cash Flow
17 Jun 2019
Contributed by Lukas
Will your property lose value now that Amazon is selling homes for under $20K? Pre-fabricated homes and 3-D printed homes often have major limitations...
244: Housing Trends For The Next Decade with Logan Mohtashami
10 Jun 2019
Contributed by Lukas
You've never thought about this "new way" to beat inflation. Three ways to beat inflation: 1) Tie long-term fixed interest rate debt to a cash flowing...
243: Today's Hottest Rental Type, Apps & Websites with Seth Williams
03 Jun 2019
Contributed by Lukas
Single-family homes are today's hottest rental type - both Realtor.com and John Burns RE Consulting agree. Boomers don't want the responsibility of ho...
242: Investor Psychology with Garrett Gunderson
27 May 2019
Contributed by Lukas
Compound interest doesn't work in real life. 5% is the average mutual fund investor return, though the S&P returned 10%. This is for the twenty years ...
241: Multiply Your Wealth With 1031 Exchanges and Columbus, OH Market
20 May 2019
Contributed by Lukas
Your equity is re-positioned when you make a 1031 Tax-Deferred Exchange. All at once, you can: Increase your cash flow Increase your leverage ratio C...
240: New 1st Lien HELOC (All-In-One Loan) with Caeli Ridge
13 May 2019
Contributed by Lukas
More people are renting. The homeownership rate has declined to 64%, from 69% in 2005. Credit score "inflation" has occurred due scoring model chang...
239: Quitting Your Job and GRE Listener Anna Ferntheil
06 May 2019
Contributed by Lukas
If you make $110K per year unfulfilled, would you leave that job to make $78K fulfilled? Commentary. Learn how to put only a 5% down payment on your h...
238: Why You're Wealthier Than You Think
29 Apr 2019
Contributed by Lukas
Keep your debt. Get financially-free instead. We're talking about good debt. Retiring your debt often means you can't retire yourself. Home equity is:...
237: How America Works with Peter Zeihan
22 Apr 2019
Contributed by Lukas
Chicago and Philly are doomed. Today's guest, Peter Zeihan of Zeihan.com, tells us why. U.S. housing will change with shifts in immigration. Future im...
236: How The World Works with Peter Zeihan
15 Apr 2019
Contributed by Lukas
Learn how the U.S. compares to the rest of the world today - economically, geopolitically, and demographically. The global order no longer serves Amer...
235: From Nothing To A $150M Portfolio with Tim Bratz
08 Apr 2019
Contributed by Lukas
#235: Under age 30? Then you've never been smacked in the face with an economic recession. I discuss. At 33, Tim Bratz is an expert in apartment build...
234: How To Gain Financial Independence with Garrett Gunderson
01 Apr 2019
Contributed by Lukas
#234: Learn why Millennials still cannot buy homes, and why real estate sales are down. Real estate cannot be flash-printed or mined. It has a finite ...
233: Robert Kiyosaki | Own Real Assets
25 Mar 2019
Contributed by Lukas
#233: It's Rich Dad Month, Week 4 of 4. Guest Robert Kiyosaki joins us. Robert authored the landmark book "Rich Dad, Poor Dad" and is the #1-Selling P...
232: Tom Wheelwright | Pummel Your Tax Bill Into Dizzying Submission
18 Mar 2019
Contributed by Lukas
#232: It's Rich Dad Month, Week 3 of 4. Learn how to pummel your tax bill with Rich Dad Tax Advisor Tom Wheelwright. Retail store closures continue to...
231: Ken McElroy | How To Optimize Rent Income, Housing Price Indices
11 Mar 2019
Contributed by Lukas
#231: It's Rich Dad Month, Week 2 of 4. Learn how to optimize your rent income with Ken McElroy. Learn how to create a profit spread just like the ban...
230: Tom Wheelwright | How To Be A Real Estate Pro, Bonus Depreciation
04 Mar 2019
Contributed by Lukas
#230: It's Rich Dad Month, Week 1 of 4. If you work at a W-2 job, learn how to reduce your taxes. Become a "real estate professional". If you're mar...
229: How To Obtain A Loan For Income Property with Caeli Ridge
25 Feb 2019
Contributed by Lukas
#229: Holy shift! Mortgage rates have hit their lowest level in a year. 5.5% interest rate and a 20% down payment for an income property are today's t...
228: Donald Trump - The Real Story | Equity Flipping, Cap Rates
18 Feb 2019
Contributed by Lukas
#228: Is Trump's real estate wealth self-made or inherited? You get surprising answers. Also learn about property hold time, equity flipping, cap rate...
227: $10K Monthly Cash Flow With Each SFH
11 Feb 2019
Contributed by Lukas
#227: You are aging. So is America. The U.S. median age keeps rising. We need more senior housing. Your demographics are baked in the cake. Gene Guari...
226: You Need Multiple Income Streams, Real Estate & Land Use Facts
04 Feb 2019
Contributed by Lukas
#226: You're at risk with only one income stream. Federal government workers thought their income stream was "secure" until the recent shutdown. Recen...
225: Property Manager Expectations & Mistakes To Avoid, Houston Market
28 Jan 2019
Contributed by Lukas
#225: Learn what manager fees you should pay & not pay. The "glue" that binds you & your profitable property together is your Property Manager (PM). H...
224: Jim Rogers | The End Of Wall Street
21 Jan 2019
Contributed by Lukas
#224: The legendary Jim Rogers tells you about a recession, the economy, interest rates, residential & agricultural real estate, inflation vs. deflati...
223: Real Estate & Stock Predictions, Pools vs. Streams, Live Before You Die
14 Jan 2019
Contributed by Lukas
#223: You must build streams of income, not pools of income. Learn why. Then we recap what really happened in 2018, and predict how that affects you i...
Live Before You Die
09 Jan 2019
Contributed by Lukas
If you work for a salary or a wage, then money is an important factor in your life. So there you are, making between $60,000 and $150,000 per year. Yo...
222: Critical Mistakes To Avoid With Properties And Tenants
07 Jan 2019
Contributed by Lukas
#222: Learn how to reduce vacancy and turnover cost in your property. Nationally, the rental vacancy rate is between 7% and 8%. If you increase occupa...
221: Russell Gray | 2019 Forecasts & Trends in Real Estate
31 Dec 2018
Contributed by Lukas
#221: You will be impacted. Learn the latest in rent increases, interest rates, affordability, inflation, asset values, tariffs, institutional money i...
220: Two Podcast Hosts Debate Me About Wealth
24 Dec 2018
Contributed by Lukas
#220: Financially-free vs. debt-free. Pick a side. In this interview and debate, I'm on the financially-free side. Two podcast hosts are on the debt-f...
219: Tragedy Has Struck, Listener Questions, Scarce Skip Is Born
17 Dec 2018
Contributed by Lukas
#219: Earthquakes ravaged my property. I'm 100% uninsured. Why don't I have earthquake insurance? There's a big lesson in this for you no matter where...
218: Increase Your Cash Flow Instantly With Private Money Lending
10 Dec 2018
Contributed by Lukas
#218: You can achieve 10.5% Cash-On-Cash Returns with debt investing. With Private Money Lending, you rent your money (not your property) to a borrowe...
217: Passive Real Estate Investing - Pros & Cons
03 Dec 2018
Contributed by Lukas
#217: Turnkey RE mistakes to avoid are discussed. Turnkey means "all-done-for-you". You're buying property already rehabbed, tenanted, and under manag...
216: Active Real Estate Investing - Pros & Cons
26 Nov 2018
Contributed by Lukas
#216: Hands-on real estate has its risks and rewards vs. passive investment. Learn about "scaling up" your portfolio into larger buildings. If you des...
215: A Recession Is Coming
19 Nov 2018
Contributed by Lukas
#215: The economic recession is inevitable. How are you positioned for it? Recessions are awful. Jobs are lost, careers are thrown off-track, families...
214: Cash Flow & Appreciation In One Market
12 Nov 2018
Contributed by Lukas
#214: One U.S. real estate market is experiencing 6-9% appreciation, cash flow, rapid population growth, low housing prices, low property taxes, and z...
213: Residential vs. Commercial Real Estate
05 Nov 2018
Contributed by Lukas
#213: Your tenants are businesses, not families, in commercial RE. Tenant screening is different than residential. You must vet your applicant's indus...
212: Savers Are Losers. Debtors Are Winners.
29 Oct 2018
Contributed by Lukas
#212: Really? Yes. I unpackage it all. In fact, these are the words of the Top-Selling Personal Finance Author Of All-Time, Robert Kiyosaki. *[Complet...
211: Ken McElroy | Debt Mindset
22 Oct 2018
Contributed by Lukas
#211: Learn from Rich Dad Real Estate Advisor Ken McElroy. We discuss debt mindset, cash flow, how to manage your team, how to vet property managers a...
210: You Become Your Expectations
15 Oct 2018
Contributed by Lukas
#210: What you expect of yourself is exactly what you'll end up getting. Learn how to set up a life full of options, not obligations. If you have an u...
209: You're Being Taxed To Death with Kristin Tate
08 Oct 2018
Contributed by Lukas
#209: You're getting taxed in sneaky ways - both everywhere you look, and also where you DON'T look. Americans spend more on taxes than housing, food ...
208: Invest Your Retirement Funds Anywhere with the QRP featuring Damion Lupo
01 Oct 2018
Contributed by Lukas
#208: With a $55,000 annual contribution limit, the QRP gives you checkbook control of your IRA. You can invest your retirement money in nearly anythi...
207: The Spender vs. The Saver | DealCheck app
24 Sep 2018
Contributed by Lukas
#207: I am a spender. Our guest is a saver. Spenders defer financial wealth. Savers defer quality of life. This interview takes a sweeping turn when o...
206: Your Questions: Debt, BRRRR, Mortgage History Since 1935
17 Sep 2018
Contributed by Lukas
#206: Student loan debt vs. real estate investing. Where should you devote your dollars? You get answers. I tell you how to eliminate investing "uncer...
205: A Diamond In The Rust Belt
10 Sep 2018
Contributed by Lukas
#205: A dollar is not money. Money serves three purposes. It is a: #1: Medium Of Exchange #2: Unit Of Account #3: Store Of Value There is an...
204: Why Your Property Could Never Appreciate | Guest Matt Theriault of Epic Real Estate Investing
03 Sep 2018
Contributed by Lukas
#204: Your real estate ROI could be a billion dollars. Even if your property never appreciates nor pays you the other four ways, I discuss a little-co...
203: Wealth Without Debt Is Impossible, Doctors & Investing - with Dr. Buck Joffrey
27 Aug 2018
Contributed by Lukas
#203: Doctors' debt is $200K-$600K+ after medical school. Should they pay it off or invest in real estate instead? Most view doctors as "successful" -...
202: Rise Of Single-Family Rentals, Buckets vs. Sprinklers
20 Aug 2018
Contributed by Lukas
#202: $108,000 was my highest salary from my day job. I discuss. There's high housing demand and low supply. Then why are homebuilders slowing down? Y...
201: How To Qualify For Income Property Loans with Caeli Ridge
13 Aug 2018
Contributed by Lukas
#201: Your down payment, credit score, reserves, debt-to-income ratio necessary for an income property loan are discussed. Ridge Lending Group Preside...
200: Die With Memories, Not Dreams
06 Aug 2018
Contributed by Lukas
#200: Discover your "why" in life and real estate. You should have a selfish why and an altruistic why in real estate investing. I summarize today's e...
199: GRE Skeptic-Turned-Listener Dustin Jones
30 Jul 2018
Contributed by Lukas
#199: He thought this show was dumb, debt was bad. He originally listened to laugh rather than for financial education. In 2009, Get Rich Education (G...
198: Your Cash Flow, HELOCs | Real Estate Technology with Daren Blomquist
23 Jul 2018
Contributed by Lukas
#198: The five ways real estate pays you, your monthly cash flow and using HELOCs are three listener questions that I answer today. Home inventory is ...
197: Inventor Of 401(k), Ted Benna Joins Us
16 Jul 2018
Contributed by Lukas
#197: I dislike 401(k)s. They REDUCE your income. Sound investments INCREASE your income. Most people simply do not realize that there are alternative...
196: The Most Important Issue Of Our Time?
09 Jul 2018
Contributed by Lukas
#196: For under $20,000, you can own deeded agricultural property. It produces cash flow from the crop harvest. Food is an innate human need. Earth's ...
195: Quit Working For Money and Be Yourself | Prosperity Economics with Kim Butler
02 Jul 2018
Contributed by Lukas
#195: If I had maxed out a loser 401(k) when I worked a "day job", you never would have heard my name. I'd still be working. Learn how to build multip...
194: Apartment Building Investing In A Hot Market with Brad Sumrok
27 Jun 2018
Contributed by Lukas
#194: The apartment building space is hot. Unless you're experienced, you need help from an expert that can help you navigate today's apartment enviro...
193: How To Raise The Rent | Amazon HQ2 with Daren Blomquist
27 Jun 2018
Contributed by Lukas
#193: If you raise the rent, these deadly mistakes will make your tenant move out. Learn how to effectively raise the rent in a way that makes your te...
192: Avoiding Rent Control and Rent Problems
27 Jun 2018
Contributed by Lukas
#192: Your property can be damaged by Rent Control; so can your community. Today, you learn how to avoid it. You buy, sell, and rent your property at ...
191: Why Fourplex Buildings Are An Investing Sweet Spot with Steve Olson
27 Jun 2018
Contributed by Lukas
#191: What makes fourplexes such great wealth creators? Financing and economies of scale. But there's one giant pitfall with many fourplexes. Today's ...
190: How Rising Inflation Makes You Wealthier with Richard Duncan
27 Jun 2018
Contributed by Lukas
#190: Did you think that inflation only makes you poorer? Learn many simple examples about how inflation makes you wealthy. Here's a clue: inflation i...
189: Real Estate Investing In A Bustling Market with Greg Bond
27 Jun 2018
Contributed by Lukas
#189: If an income property is so good, why would anyone sell it to you? You get answers. I tell you how long it took me to quit my day job to replace...