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330: How To Grow Your Property Portfolio

330: How To Grow Your Property Portfolio

FromGet Rich Education


330: How To Grow Your Property Portfolio

FromGet Rich Education

ratings:
Length:
43 minutes
Released:
Feb 1, 2021
Format:
Podcast episode

Description

After your first 10 rental properties, what comes next? Buying more than 10 financed properties of 1-4 units often incurs an interest rate about 2% higher. Apartment buildings of 5+ units is an option. You can become a real estate syndicator. It is sophisticated. This means you identify a big real estate complex and attract other investors’ money to the deal.  Syndications often SEC-regulated. To attract investors, you must also build your brand. You can be a private money lender with a stable 10% cash-on-cash return. Real estate is your collateral. See: www.getricheducation.com/lending With agricultural real estate, the trees are the tenants. They don’t vacate the property and they’re low maintenance. The asset literally grows; land is titled to you. See: www.getricheducation.com/teak    “Family offices” manage wealth for affluent families and individuals. They might cost $1M per year, meaning you’d often need assets of $100M+. Direct real estate investors “feel the bumps”. I recently had a truck accident-damaged property that was in disrepair for 9 months! This year, John Burns RE Consulting predicts existing home prices to rise +8%, new homes +9%. It took Tesla 17 years to make a profit. You often do this in 1 month with real estate. Damion Lupo drops by with crucial eQRP updates. An eQRP lets you: invest your retirement funds in nearly anything, $58,000 annual contribution limit, no custodian, and avoid a 37% UBIT tax hit (like you have with SD-IRAs). Resources mentioned: Get the free eQRP book; text “EQRP” in all capital letters to: 72000 Great turnkey provider for beginners: www.MidSouthHomeBuyers.com Rare provider with 1% rent-to-price ratio: www.GetRichEducation.com/Dayton Private Money Lending: www.GetRichEducation.com/Lending Teak hardwood trees: www.GetRichEducation.com/Teak New fourplexes in West: www.GetRichEducation.com/Fourplex New fourplexes in Southeast: www.GetRichEducation.com/Southeast Turn $100K into $300K in five years: https://www.getricheducation.com/turn-100k-300k-five-years/ Show Notes: www.GetRichEducation.com/330 Mortgage Loans: RidgeLendingGroup.com EQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co By texting “EQRP” 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: CashFlowAndGrowth.com Best Financial Education: GetRichEducation.com Get our free “Don’t Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold
Released:
Feb 1, 2021
Format:
Podcast episode

Titles in the series (100)

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.