28 min listen
150: Your Real Estate Portfolio Architecture
ratings:
Length:
33 minutes
Released:
Jun 27, 2018
Format:
Podcast episode
Description
#150: Giant mistake: investing in real estate only in your home market. You should be invested in at least 3 different geographic RE markets. This also how you can get a good mix of appreciation and cash flow over time. Volatility hurts your portfolio more than you think. Keith discusses two reasons why you will be in a more volatile environment in coming years: 1) Donald Trump, 2) Interest rates. Even if your home is paid off, you still have a payment. It’s an opportunity cost payment. You aren’t aware of it because you can’t see it. Do you live below your means or do you expand your means? Keith gives several real-life examples. You just can’t shrink your way to wealth. Keith brings you today’s show from Anaheim, California. Want more wealth? 1) Grab my free newsletter at: GetRichEducation.com 2) For actionable turnkey real estate investing opportunities: GREturnkey.com 3) Read my new, best-selling book: GetRichEducation.com/Book Listen to this week’s show and learn: 01:28 Volatility hurts you: 1) Donald Trump. 2) Interest rates. 05:16 Diversify: invest in RE in at least three metro markets. 07:37 ROTI: Return On Time Invested. 09:24 Invest between the Appalachians and the Rockies in SFHs just below the median purchase price. 11:00 Appreciation vs. Cash Flow. 12:07 How will 10 SFHs move you toward financial freedom? 17:48 Even if your home is paid off, you still have a payment. 20:24 “Live where you want to live and invest where the numbers makes sense.” 21:50 Tax-friendly states. 23:32 Examples: Living Below Your Means vs. Expanding Your Means. 28:51 When does your life really begin? Resources Mentioned: Article: How To Turn $100K Into $300K In Five Years Article: You Can’t Shrink Your Way To Wealth RidgeLendingGroup.com NoradaRealEstate.com MidSouthHomeBuyers.com GetRichEducation.com GREturnkey.com
Released:
Jun 27, 2018
Format:
Podcast episode
Titles in the series (100)
3: The Investment Event Of The Decade: #3: You are delivered some of the best moments and most actionable content from the 40th New Orleans Investment Conference, billed as “The Investment Event Of The Decade”. The conference featured luminaries on the speaker marquis... by Get Rich Education