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292: Interest Rates Hit All-Time Low, Drive An Oldsmobile In Winnipeg, CARES Act with Damion Lupo

292: Interest Rates Hit All-Time Low, Drive An Oldsmobile In Winnipeg, CARES Act with Damion Lupo

FromGet Rich Education


292: Interest Rates Hit All-Time Low, Drive An Oldsmobile In Winnipeg, CARES Act with Damion Lupo

FromGet Rich Education

ratings:
Length:
42 minutes
Released:
May 11, 2020
Format:
Podcast episode

Description

Learn the history of interest rates, 1971-2020. Mortgage rates just hit all-time lows. Tenants are generally reliably paying the rent during the pandemic. Why? Government pays their income; expenses are lower because they can’t travel anywhere to spend. They have more to spend on the rent.   Unnecessary businesses are collapsing: spas, salons, theatres. More than half of mall department stores could be closed by next year, like Macy’s, JC Penney, Lord & Taylor. If you don’t have multiple income streams, the pandemic is harder on you. Chase and Wells Fargo have shut off new HELOCs. Learn about first and second lien positions, subordination. Will car sales tank? No. I play three cornball TV commercial ads from the 1980s about interest rates - GMAC financing, a car dealer in Winnipeg, Manitoba.  Chicago is the rare world-class city where investor numbers make sense.  I provide street addresses of two available turnkey properties in NW Indiana (Chicagoland). Damion Lupo joins us. With the CARES Act, you can access 401(k) funds more easily, and direct them into an eQRP. eQRPs can invest in: real estate with or without debt, syndications, rentals, flips, domestic land, foreign land, mobile homes parks, precious metals, mortgage notes, oil & gas, private money lending, options, franchises and more. Resources mentioned: QRPs: text “QRP” in ALL CAPS to 72000 or: eQRP.co By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. ‎Financial Underdogs on Apple Podcasts Two Chicagoland Turnkey Properties: GetRichEducation.com/Chicago Throwback TV automobile ads: https://youtu.be/nlSNeQtN208 https://youtu.be/Eo6znwMWSac https://youtu.be/aBX0rjKAJ-Q Mortgage Loans: RidgeLendingGroup.com New Construction Turnkey Property: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold
Released:
May 11, 2020
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.