Get Rich Education
Show Host Keith Weinhold’s real estate investing show provides actionable content for busy people to create financial freedom through strategic passive investing. Keith Weinhold, a Forbes Real Estate Council member, shares insights on cash flow and Return On Time, helping listeners expand their means since 2002. New episodes every Monday.
Show Host Keith Weinhold’s real estate investing show provides actionable content for busy people to create financial freedom through strategic passive investing. Keith Weinhold, a Forbes Real Estate Council member, shares insights on cash flow and Return On Time, helping listeners expand their means since 2002. New episodes every Monday.
Recent Episodes
Keith opens with a provocative time-versus-money question: would $100 million be worth instantly aging ten years?
He examines Jeff Bezos’s views on success and housing affordability, then connects supply, demand, and inflation to current home prices and rents.
Keith also reviews housing-price forecasts through 2030 and breaks down how appreciation, cash flow, loan paydown, and other factors can shape an investor’s returns.
He explains why asset ownership matters and how real estate investing may create more choices over how people spend their time.
Episode Page:
For access to properties or free help with a
GRE Investment Coach, start here:
GRE Free Investment Coaching: GREinvestmentcoach.com
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: info@RidgeLendingGroup.com
Invest with Freedom Family Investments.
For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text FAMILY to 66866
Build your real estate portfolio with cash-flowing, fully renovated rental properties from Mid South Home Buyers: https://www.midsouthhomebuyers.com/
Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review”
For advertising inquiries, visit:
Best Financial Education:
Get our wealth-building newsletter free—
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Follow us on Instagram:
Complete episode transcript:
Keith Weinhold 0:01
Welcome to GRE. I’m your host Keith Weinhold. Time versus money. Would you accept $100 million if it instantly made you 10 years older? Also, forecasts. What will the next three years look like for the housing market today on Get Rich Education? For years, I’ve sent listeners to Mid South Home Buyers in Memphis, and for years, I’ve heard the same thing back. Keith, there’s a wait list. Well, not anymore. Mid South has grown into three markets: Memphis, Little Rock, and Dallas, with its classic renovations and now brand new construction. For the first time in years. There’s enough inventory to buy today, and they’ve picked now to roll out their best terms in their 25 years. It’s called the triple five: 5% property management for five full years, half their standard fee, and Mid South buys your mortgage rate down as low as 5% for qualified buyers. If you’re paying all cash, ask about the Forever Five. That’s 5% management for as long as you own the property plus special cash pricing. With 6200 homes under management, Mid South is the place to turn for turnkey real estate. Book your free investment strategy session@midsouthhomebuyers.com. That’s midsouthhomebuyers.com.
Speaker 1 1:31
You’re listening to the show that has created more financial freedom than nearly any show in the world. This is Get rich education.
Keith Weinhold 1:47
Welcome to GRE from Newport, Rhode Island, to Newport, Oregon, and across 188 nations worldwide. I’m Keith Weinhold, and you’re listening to Get Rich Education. Here I am again, more slackjaw than a patient in a dentist’s chair, but showing up another week anyway. Around here, we don’t live below our means; we grow our means. Build wealth without sacrificing your life today. I’ve got a big existential question for you: Would you accept $100 million if it instantly made you 10 years older. A hypothetical offer for you here, and we often discuss time versus money trade-offs. So that is, you get to choose one of two options: option A, stay exactly as you are today, or B, receive $100 million, but instantly become 10 years older. If you’re 25, now you’re 35. If you’re 50, now you’re 60. And I suppose to make the detail clear for you, your body ages 10 years too. Everyone else stays the same age, and you don’t get to experience those 10 years in between. The money is yours immediately, though. Which option do you choose? I mean, take a moment. This is more interesting than it first appears. With the 100 million bucks, you could wipe out bad debt. It could remove stress from your life. You could take care of your family. You could travel almost anywhere, and you could just kind of inform your boss that your next meeting has been like permanently canceled. You could buy a beautiful house or several 100 rental houses.
Keith Weinhold 3:40
Hey, I know my audience. You could fund causes you believe in and give the people that you love opportunities they never would have had otherwise. I mean, how great would that make you feel? $100 million is a tempting offer, but the price is 10 years. You’d lose 10 years of birthdays, conversations, adventures, and just ordinary Tuesday mornings that you’d never get to experience. You might be trading away some of the years when you’re healthiest and most able to enjoy that money. But on the other hand, if financial stress is weighing on you, then 100 million could dramatically improve the years that you have left. But if you chose A, staying as you are now, think about what you just did. You turned down $100 million to stay at your current age and in your current situation. You might not have a $100 million net worth now, but you just decided that the years ahead of you are worth more than that offer, and you know what that means. This means that your life is worth over 10 million bucks per year. So you just put a high value on your life. Yeah, quite. The appraisal value that you just gave yourself. All right. Well, so far this has been fun, but now comes the harder question: Are you spending your time like you believe that each year of your life is worth $10 million? Now, this doesn’t mean every minute you spend has got to be productive. If this exercise is making you realize that your life is worth more than $10 million a year, essentially, then a slow morning, a good conversation, or a simple walk outside. It means asking yourself something else, though. Who owns your time, and how much choice you have over it? Because for a lot of people, now the answer is your employer, your calendar, and your bills. Now, there’s no wrong answer here. Option A: Stay as you are. Option B: You instantly receive $100 million, and you’re 10 years older. Now, to an 18-year-old, oh, you probably haven’t learned how to make much money yet. So, therefore, $100 million seems enticing and seems impossible. But yet, when you’re 18, to instantly be 28, I mean, that sounds unfathomably old. Now, I did something that surprised me. I asked this question to an 80-year-old woman, an elderly woman. I mean, you would think. I mean, I thought she would certainly want to stay her age and take option A. Surprisingly, she was leaning toward option B. So she’d be 90 and have $100 million, but I also know that she really never learned how to make much money, and therefore maybe that’s why she says this: a time versus money trade-off like this. That’s one reason that we invest in income-producing real estate that pays you five ways simultaneously.
Keith Weinhold 7:04
The goal is to build assets that can help support your life without requiring you to trade even another hour of work for every dollar you earn. It does take effort, capital, and patience with real estate, but over time, more income from real assets can mean more options, and options are valuable. You might choose to keep working. I mean, I enjoy what I do, and you might feel the same. The difference is that you get more freedom to decide what you work on when you work and when you take a day off or take 100 days off. The goal sure isn’t to wait until you have $100 million to enjoy your life. It’s to build enough freedom to enjoy more of it along the way. You have to be an owner and an investor. See, because here’s what’s kind of crazy: if you said you would rather stay your same age and refuse the 100 million dollars, then what you’re doing is massively valuing your time over money.
Keith Weinhold 8:17
But yet, at the same time, if you work for a salary or a wage, well, then you’re doing the opposite of that. You’re valuing the money, and you’re trading away your finite time for what you’re saying you’d rather have less of the money. That’s the real conundrum here. That’s the paradox. That’s the rub. Well, what solves it? Profiting that occurs even when you’re not involved. That condition is made for you when you are an owner and an investor. Before we’re done today, I’ll give you a concrete solution that will solve this time versus money enigma for you. Now, which one would I choose? Well, I don’t think you’re going to be surprised. I would rather stay 10 years younger and forego the 100 million, and that’s largely the product of being a longtime real estate investor and having a pretty high awareness of the wide palette of opportunities available. Those opportunities are the same resources that I share with you here, and while we’re talking about wealth building, Jeff Bezos recently had some thought-provoking remarks about collectivism versus free markets, and he talked about real estate too. So he talks about success and also about housing. Let’s listen in to Bezos, the founder of Amazon and Blue Origin, as he’s interviewed by Bret Baier. I don’t think it’s right to equate success with villainy. This is less than three minutes in length, and then I’ll come back to comment.
Jeff Bezos 9:53
They’ve been taught this whole kind of oppressor oppressed framework, and that success is villainy. Success. Is not villainy. You know, you can you can be a billionaire if you start a hamburger stand. You have 10 people and it works really well. And you open a second one and you open a third one. Now you’re employing 30 people and then you open, you know, 10 more and so on. Pretty soon you have 1000 hamburger restaurants and you are a billionaire. There’s a real story, by the way, is with chicken tenders. It’s the raising cane. You know, this is how it works. There’s nothing wrong with making unbelievably good chicken that people love, and it doesn’t make him a bad person. Why is socialism taking off in some quarters? Well, I think there are a couple of things. One, we do have real affordability problems. So people look at the cost of housing, for example, and it’s very expensive. And so you can’t pretend that there are no problems. So you know, young people do look; they look at the cost of housing and they think, “Gosh, I’m going to have to live two hours out of town. I can’t possibly live close to my job.” I don’t think we should underestimate the problems, but we should also look at what the real solutions are. Housing is a good example because it’s a very important example, but it’s a place where a lot of the government intervention that’s happened has been counterproductive. And instead of work on the real solution, it’s very common for you know in the case of housing, for certain politicians to point at landlords and say this is the fault of greedy landlords, this isn’t what’s going on. Housing is a simple supply and demand situation. It’s econ 101, and if you put in place government programs that subsidize demand and constrain supply, you are going to get high prices, and that’s what many municipalities do. If you can look at a counterexample, which is Austin, where over the last 10 years they’ve implemented many policies designed to make it easier to build houses, and they have housing prices going down in Austin.
Jeff Bezos 11:55
So some politicians are governing correctly on this issue, but many are not. And I would say when you’re in the polling booth, and you’re thinking about who you’re going to vote for, think about this: if there’s a politician who’s picking villains and pointing fingers, that probably means they don’t have a solution. Because if they had a solution, instead of blaming somebody, they would be working on the solution. I’ll tell you, if there’s somebody at Amazon or Blue Origin or Prometheus, somebody at one of my companies, an executive at one of my companies, and every time they came in the meeting, instead of working on a root cause and a root fix and a real solution to the problem, all they did was point fingers and blame people. We’d exit them very quickly. Those people wouldn’t be in our company for long.
Keith Weinhold 12:38
The government has probably done more to stoke housing demand than housing supply. Printing trillions, things like streamlined FHA lending requirements, higher mortgage loan limits, a $200 billion mortgage bond purchase initiative this year. It all stokes demand and prices. Don’t blame the landlord for that. When currency creation explodes, well, then the grocer, the gas station, and the landlord sometimes get called greedy. Now that is true in some cases, but the government is the root cause of the inflation, and we are still feeling the aftereffects here several years after COVID, when people were paid to stay home, so nothing got produced except more money. Look, the definition of greed is a selfish desire to possess more money or power than what’s deserved. But if you’re taking on risk and you’re applying ambition in order to be a producer for society. Well, then you do deserve a commensurate level of success. I am anti-greed. Greed is not the same as a reasonable profit or even a somewhat handsome profit if you’re serving society well. They are the thoughts that the Bezos clip evokes. Shortly, I’m going to discuss the future of housing prices. We’re going to look at the next three years, but first, what’s happening now? Home prices are up another 1.7 percent annually, rising to 432,900. $1,900. This is per the NAR’s freshly released q3 numbers for the national median existing single-family home. And depending on the analyst outlet that you’re looking at, some measures show more than 1.7% appreciation, and some less. Of course, not every area has experienced this, but per the NAR again, 78% of metro areas have seen annual home price increases. Prices rose fastest in the Northeast, up 4%; Midwest, up 3.6%; the South, up just 1%; in the West, they fell six tenths. Above 1%. Here’s what’s interesting, you know. Often over time, the fastest home price growth occurs where there’s the most population growth or employment expansion. Okay, like they are some common reasons. Not this time, although AI-fueled San Francisco does lead the nation with 14.7% home price appreciation, but many of the fastest appreciating markets aren’t growth stories at all, and it’s not even a story about where they’re building the least and constraining supply. Do you know what the factor is for the most home price appreciation in this era? The answer is it’s where prices are affordable, like Appalachia, the Midwest, and the Deep South. And then much of Florida saw home price declines last year, but in the latest quarter, nearly all Florida markets exhibit home price gains. It’s also noteworthy that in this cycle, mortgage rates hit their low right before the Iran War eight to nine months ago. Now that higher rates have settled in, you know we’ve really got a read on how that’s affected home prices. That condition has seasoned, and prices keep rising anyway, although still pretty slowly. Yes, that’s despite all these doomsday predictions that seem to be the ones that can dominate financial media. I mean, it’s just remarkable that so many people consume this when those things are almost always wrong. Now, going ahead, I don’t think there’s any reason to expect a sharp drop in either inflation or mortgage rates, as long as this triple-headed inflation monster looms. Yes, the inflation triple threat continues, and that is wars, tariffs, and massive AI spending. Those activities keep both inflation and mortgage rates somewhat elevated.
Keith Weinhold 17:04
Also, what that does is it puts an ever higher floor beneath real estate prices because it keeps the replacement cost buoyant. But due to an affordability constraint, no matter how hot the economy gets, I do not see how national home price appreciation could hit double digits anytime soon. There’s virtually no scenario for that. CPI inflation is currently 3.7%. So at a home price appreciation level of almost 2%, although it’s stable, you know that’s about as exciting as watching a mortgage amortize. Now, back in December of last year, just like I do every December, I released GRE’s home price appreciation forecast for this year, and my figure forecast was 2%. And I used this same exact NAR median existing home figure that I’m sharing with you now, so it looks like the prognostication is going to be spot on or pretty close. And of course, next month is when I’ll release the forecast for next year’s appreciation number. What about rents? Single-family rents are up 2% year over year.
Keith Weinhold 18:17
That is the sixth consecutive month of faster rent growth, although it’s still not that high, and that figure is greater in high-end rentals and less on the low end. This is per totality’s single-family rent index, and then apartment rents they are barely growing. One-bedroom units are up five tenths of 1%. Two-bedroom units grew seven tenths of 1%. That’s per Zumper’s national rent report. Not so scintillating on the rent growth, but as I’ll discuss later today, you’ll see you don’t need blistering appreciation to get a strong total ROI. The bottom line here is that home prices keep appreciating with no end in sight, but they are not surging with rocket boosters. So let’s restrain the applause. Affordability is what is having its moment. Hey, what we do here at GRE is all human, no AI.
Keith Weinhold 19:18
This show is hosted by a real human, our investment coaching is with a real human, and our “Don’t Quit Your Daydream” newsletter is written by a real human. Me, our weekly newsletter it has had a lot of impact lately, if I do say so myself. Besides charts and figures that really shape your view of the world as a real estate investor. In last week’s letter, for example, I shared two websites where you can read reviews about real estate syndicators, and those reviews are written by verified investors. They are good vetting resources that I gave you there. Robert Kiyosaki’s home is listed. For sale. I sent you a link to photos of that. All kinds of need to know and sometimes just interesting to know resources in our letter. It is chock full of the good stuff, no fluff, and it’s not written by a robot. You can get the GRE letter free at greletter.com. Forecasts for the next three years in the housing market. Next, I’m Keith Weinhold. You’re listening to Get Rich Education. Let me ask you something: If you’ve worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It’s a straightforward approach built on real assets, not speculation. In full disclosure, I’m an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call or text family to 66866. That’s family to 66866. What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone, because Ridge specializes in investment property. They’ll help you build a long-term plan for growing your real estate empire with leverage. Start your pre-qual and even chat directly with President Caeli Ridge while it’s on your mind. Start at ridgelendinggroup.com. That’s ridgelendinggroup.com.
Richard Duncan 22:04
This is Richard Duncan, publisher in Macro Watch. Listen to Get Rich Education with Keith Weinhold, and don’t quit your daydream.
Richard Duncan 22:22
Welcome back to Get Rich Education. I’m Keith Weinhold, and home prices should climb between now and 2030. That’s not what I say. This is the result of when Fannie Mae asked 100 vetted housing experts where prices are headed next, and I’ll tell you how much appreciation is expected, and we have had a number of those 100 Fannie Mae experts here on the show with us over the years. The expected cumulative home price change between now and 2030, okay, it’s been divided up into the most pessimistic 25% of these Fannie Mae tap experts. The second group is all experts, and finally the most optimistic 25%. The most pessimistic group says just 7% cumulative appreciation between now and 2030. Pretty weak. All experts average out to nearly 15% appreciation, and then the most optimistic quartile forecast almost 23% appreciation, 22.7. So let’s look at the middle figure, 15% over the next three or so years. Okay, that figure would probably outpace inflation, although not by that much, so near 5% per year.
Keith Weinhold 23:45
All right, at 5% annually, let’s take a look at how this would factor in for real estate investors like us because it gets spicier in a hurry. Let’s approximate your realistic total return on say an income property purchase of 250k today. Let’s look at your year one ROI. Well, rather than just a 20% down payment, meaning 50k, we’ll say you’re really investing 60k once we add in your closing costs. Although it would probably be a little less than that. All right, 5% property price growth at five to one leverage. That is a 25% return on your amount invested from appreciation alone, but not quite because of your closing costs. It’s just 21%. Add to that your cash on cash return. We’ll say it’s a new build, 250k property, and this is aided by your builder’s mortgage rate buy down to 5.99%, a common buy down level today. Well, this gives you another 4% cash flow on top of the 21% leverage appreciation. Thirdly, we’ve got that tenant made principal pay down. That is another 4% for your return on amortization. Then your basket of tax benefits, another 3%, and finally inflation profiting on your 200k mortgage. You multiply that by your 3.7% CPI. That is another 12% return, and there you go, just like that. Your grand total is a 44% projected total rate of return, even when the market has been somewhat lethargic, like it has. Well, let’s say though that there’s a disappointment, and you only get 3% annual appreciation for the next few years. That’s kind of in the pessimistic camp of the Fannie Mae experts. Well, in that case, we would still be looking at about a 34% total ROI in year one. Now, if you’re new to this, I mean, just hearing that number on the surface, the 44% total, that would sound unrealistically high, or like you’ve got to be taking a high-flying risk. That’s what you would think if you did not see how we just got there. In fact, before I ever invested in real estate, I would have kind of dismissed a figure like that is nonsensical or irrational, and your actual number won’t be exactly that. It’s going to be based on factors like how much real estate appreciates in the local market that you own in, and the inflation rate, and your tenant occupancy rate, and more.
Keith Weinhold 26:38
But it could very well be higher than that, because around here we focus on owning in the investor advantage markets, and also we are in more of a buyer’s market today than we’ve been in in years. So you might get in at a price that’s lower than the amount that the property gets appraised for. That’s like an instant ROI as well, but that is certainly not a condition that you can count on. It’s just nice when it happens. But yeah, buyers have more of an ability to negotiate today than they did even a year ago. Now, Realtor.com is a platform that mostly produces news and information on the primary residence market, but twice a year they publish their investor report, and their latest one was just published. It showed that among investors, small investor purchases are comprising a higher amount of activity than they had previously. And what they do is they define a small investor as those that own fewer than 10 properties, so between one and nine properties. Well, that proportion has grown from 46% 12 years ago to 66% today. More small investor activity as compared to all investors, but in this era, you need to be more selective than you were five years ago, and five years ago, I mean that’s when the value of seemingly every property shot up dramatically. Today, find a seller in an investor advantaged market, usually one that’s going to give you a concession too. And now this was kind of funny, you know how virtually nobody, like nobody in society, is comfortable with being referred to as either a rich person or a poor person. Either one of those conditions, those monikers engender discomfort. Everyone wants to say that they’re middle class in order to sound relatable. I mean, a billionaire with three yachts, you know, they somehow want to stretch and call themselves upper middle class.
Keith Weinhold 28:51
If someone will admit to owning a lake house, oh, they’re really quick to revert to the mean and say, “Yeah, but hey, I still shop at Costco, right? So nobody wants to be rich or poor. Well, I had to laugh a little when I was recently listening to a financial presentation, and I found it interesting that the speaker used a euphemism for poor people. Rather than calling the group poor, he referred to them as a group that are asset light. That’s a new one to me, but yeah, it’s been more apparent that at perhaps more than any time in modern history, the asset owners are the real winners because inflation is rampant, and anymore, the government intervenes to ensure that asset owners don’t lose. AI is coming for a lot of jobs, and a college degree is not going to save you. Microsoft cut 60,000 employees recently. Well, they called it a paid equity. And we’re talking about mid to senior level people here, not entry level people that had what they thought were safe jobs with degrees and licenses. UPS 30,000 position reductions this year. Amazon 16,000. This is why financial intelligence is so important. You have to own.
Keith Weinhold 30:23
You have to invest in assets, hard assets that you can see, touch, and feel. Things that AI won’t replace, like housing, farmland, and food. You have to be allocated into durable resources that are going to take care of you and feed you for decades. It’s about taking ownership and accountability for the life you create. You know, some of the best conventional wisdom is that whatever the herd is doing, you want to run the other direction. You need to act, you know. Warren Buffett, he purportedly said that he has never met a billionaire economist, not once. So his point is that you don’t get paid for making a model and opining on theories. You’re paid for making a move for acting, and as a real estate investor, you want less buyer competition. You desire more choices, more opportunity, and more motivated sellers. Often, they’re the ones giving you the rate buy down. An investor mortgage rate that might be in the eights today. Instead, they’re buying it down for you, often into the high fives. That’s why, for long-term buy-and-hold real estate investors, this is your time. But in this era, you know, mass media articles about the housing market, nah, they tend to be more dour, more negative, and they also focus on owner-occupants, and that is fine. I mean, that’s what most of the real estate market is. That’s the audience. But instead, we are investors, and we don’t get rich quick. And we really don’t even try. We build wealth slowly over time. We’re going for the get rich for sure, and most people they never build any lasting wealth. Here, we do more than just make recommendations to providers that have the best incentives in the top markets. We are your trusted advisor, consultant.
Keith Weinhold 32:36
We’re essentially a silent partner throughout your investment journey. I mean, a lot of investors come to us never having purchased a property outside their home market, so they don’t know the markets, and they’re still looking to establish relationships. So a lot of times they don’t know where to start. That’s okay. We’re used to that. We help you evaluate markets and opportunities, and compare providers and properties, and understand different investment strategies. So we often think through offers and financing. We help you write the offer if you want that. We navigate challenges either during or even after you buy investment property, and we connect you with the professionals that you need. And this includes parties like builders, wholesalers, flippers, agents, brokers, lenders, the all-important property managers, inspectors, appraisers, engineers, real estate attorneys, CPAs, cost segregation specialists, 1031 exchange experts, and others. So now you have someone experienced to consult throughout the process, from your initial questions to closing and beyond. I’m talking about GRE investment coaching, and this consulting is provided completely free of charge to you, the investor, and in the past we have had a lot of those listeners that engage with our coaching, and then they’ve come onto the show to tell you how we’ve helped you. This coaching, you know, it’s one of the best things that we ever did here at GRE in order to help you.
Keith Weinhold 34:17
For five years now, we provided you the opportunity for a daydream in progress with our coaching. Take Jonathan F. He acquired six investment properties across Alabama and Ohio over about three months, and it was just a hair over 1 million in purchases. It was a rental single-family home in Pinson, Alabama, for 302k, and then five properties across Akron and Canton, Ohio. They all range between 135k and 145k each. The incentives we helped Jonathan F. get are free property management for the first year and. 5% down payment special financing, that is beautiful as long as you control your cash flows. That 20 to one leverage, I mean, that is really separating you from the herd, Jonathan. I mean, on this slightly over a million dollar portfolio, then just 5% appreciation enhances your net worth by 50k every year just from appreciation alone. These are single family rentals, and at least one is a duplex. So that is Jonathan’s daydream in progress. Then we are helping Bruce T. He’s a California investor building a four-property bur portfolio in Arkansas. BURR means buy, renovate, rent, refinance, and repeat. His four purchases were spread out over a full year and total 452k. Now, with Bruce here, this is where the coaching really brings value. Out-of-state bur investing that involves far more than just finding an inexpensive property.
Keith Weinhold 36:04
I mean, investors need to understand acquisition costs, renovations, after repair values, refinancing, rental demand, property management, and the professionals involved in executing the strategy. Will we help investors navigate that process, evaluate opportunities, connect you with the right specialists, and now you have someone knowledgeable to consult when questions or challenges arise throughout that. And Bruce’s four purchases, I mean, they really demonstrate how an investor living 1000s of miles away can build a portfolio in a more affordable market with access to an established network and get that ongoing support. And then finally, we’ve got Drew. He is a Colorado investor expanding from Ohio and into Florida. Drew’s purchases totaled 848k across four properties. Now that’s not the amount he invested. That’s a total property value. He initially purchased three Burr properties in Ohio within about two months, and the following year he expanded into Florida through a different provider here in the GRE network. He got a 170k property in Cincinnati, 190k in Pequot, Ohio, 232k in Springfield, Ohio, and then 255k in Ocala, Florida, where his incentives are a 2% closing cost credit and two years of free property management. So Drew is a good example of an investor who didn’t stop at one marketer provider, getting into both Ohio and Florida with access to GRE’s broader network and our coaching resources.
Keith Weinhold 37:50
We can help you explore opportunities across multiple states, compare different investment strategies, evaluate the professionals involved, and expand your portfolio as your goals evolve throughout time, like they surely will. So we’re talking about property that makes sense today, and not just someday if rates happen to fall. And there are truly zero fees for GRE investment coaching because sponsors took care of that a long time ago, but before you utilize it, you know I would urge you to have some knowledge, just a little. Listen to at least 10 GRE podcast episodes first, and then I do actually want you to book a coaching call because it’s gratifying to see the impact. If you’re a more experienced investor, maybe you already have access to some resources, and then you don’t need all of our help. But what this is doing is it’s about helping you move from uncertainty and into an informed purchase. Or if you’re experienced, we can help you take your next step too. I mean, what would more financial freedom let you do? The first property, in the short term, you might only notice that the cash flow from it just covers one household bill, and as you grow your portfolio prudently, you can see it metamorphosize into your early retirement plan. It’s about more than just finding a pretty looking property with, say, a rate buy down. That’s not enough alone. We’re looking at the big picture: rents, expenses, management, and the local market. Because we deal nationally and we do this for a lot of buyers, we kind of have the scoop here.
Keith Weinhold 39:39
We know what kind of offer sellers will accept a lot of times because we’ve seen what other buyers have tried. So that’s information we have here that can be really hard to find somewhere else. So build your wealth. You can book a time convenient for you to simply get clarity. Look at real opportunities and decide whether it fits your goals. It is free at greinvestmentcoach.com. You can open a calendar page there right now and set that through greinvestmentcoach.com. Until next week, I’m your host Keith Weinhold. Don’t quit your daydream.
Speaker 3 40:24
Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.
Keith Weinhold 40:52
The preceding program was brought to you by your home for wealth building, getricheducation.com
Keith opens with a provocative time-versus-money question: would $100 million be worth instantly aging ten years?
He examines Jeff Bezos’s views on success and housing affordability, then connects supply, demand, and inflation to current home prices and rents.
Keith also reviews housing-price forecasts through 2030 and breaks down how appreciation, cash flow, loan paydown, and other factors can shape an investor’s returns.
He explains why asset ownership matters and how real estate investing may create more choices over how people spend their time.
Episode Page:
For access to properties or free help with a
GRE Investment Coach, start here:
GRE Free Investment Coaching: GREinvestmentcoach.com
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: info@RidgeLendingGroup.com
Invest with Freedom Family Investments.
For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text FAMILY to 66866
Build your real estate portfolio with cash-flowing, fully renovated rental properties from Mid South Home Buyers: https://www.midsouthhomebuyers.com/
Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review”
For advertising inquiries, visit:
Best Financial Education:
Get our wealth-building newsletter free—
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Follow us on Instagram:
Complete episode transcript:
Keith Weinhold 0:01
Welcome to GRE. I’m your host Keith Weinhold. Time versus money. Would you accept $100 million if it instantly made you 10 years older? Also, forecasts. What will the next three years look like for the housing market today on Get Rich Education? For years, I’ve sent listeners to Mid South Home Buyers in Memphis, and for years, I’ve heard the same thing back. Keith, there’s a wait list. Well, not anymore. Mid South has grown into three markets: Memphis, Little Rock, and Dallas, with its classic renovations and now brand new construction. For the first time in years. There’s enough inventory to buy today, and they’ve picked now to roll out their best terms in their 25 years. It’s called the triple five: 5% property management for five full years, half their standard fee, and Mid South buys your mortgage rate down as low as 5% for qualified buyers. If you’re paying all cash, ask about the Forever Five. That’s 5% management for as long as you own the property plus special cash pricing. With 6200 homes under management, Mid South is the place to turn for turnkey real estate. Book your free investment strategy session@midsouthhomebuyers.com. That’s midsouthhomebuyers.com.
Speaker 1 1:31
You’re listening to the show that has created more financial freedom than nearly any show in the world. This is Get rich education.
Keith Weinhold 1:47
Welcome to GRE from Newport, Rhode Island, to Newport, Oregon, and across 188 nations worldwide. I’m Keith Weinhold, and you’re listening to Get Rich Education. Here I am again, more slackjaw than a patient in a dentist’s chair, but showing up another week anyway. Around here, we don’t live below our means; we grow our means. Build wealth without sacrificing your life today. I’ve got a big existential question for you: Would you accept $100 million if it instantly made you 10 years older. A hypothetical offer for you here, and we often discuss time versus money trade-offs. So that is, you get to choose one of two options: option A, stay exactly as you are today, or B, receive $100 million, but instantly become 10 years older. If you’re 25, now you’re 35. If you’re 50, now you’re 60. And I suppose to make the detail clear for you, your body ages 10 years too. Everyone else stays the same age, and you don’t get to experience those 10 years in between. The money is yours immediately, though. Which option do you choose? I mean, take a moment. This is more interesting than it first appears. With the 100 million bucks, you could wipe out bad debt. It could remove stress from your life. You could take care of your family. You could travel almost anywhere, and you could just kind of inform your boss that your next meeting has been like permanently canceled. You could buy a beautiful house or several 100 rental houses.
Keith Weinhold 3:40
Hey, I know my audience. You could fund causes you believe in and give the people that you love opportunities they never would have had otherwise. I mean, how great would that make you feel? $100 million is a tempting offer, but the price is 10 years. You’d lose 10 years of birthdays, conversations, adventures, and just ordinary Tuesday mornings that you’d never get to experience. You might be trading away some of the years when you’re healthiest and most able to enjoy that money. But on the other hand, if financial stress is weighing on you, then 100 million could dramatically improve the years that you have left. But if you chose A, staying as you are now, think about what you just did. You turned down $100 million to stay at your current age and in your current situation. You might not have a $100 million net worth now, but you just decided that the years ahead of you are worth more than that offer, and you know what that means. This means that your life is worth over 10 million bucks per year. So you just put a high value on your life. Yeah, quite. The appraisal value that you just gave yourself. All right. Well, so far this has been fun, but now comes the harder question: Are you spending your time like you believe that each year of your life is worth $10 million? Now, this doesn’t mean every minute you spend has got to be productive. If this exercise is making you realize that your life is worth more than $10 million a year, essentially, then a slow morning, a good conversation, or a simple walk outside. It means asking yourself something else, though. Who owns your time, and how much choice you have over it? Because for a lot of people, now the answer is your employer, your calendar, and your bills. Now, there’s no wrong answer here. Option A: Stay as you are. Option B: You instantly receive $100 million, and you’re 10 years older. Now, to an 18-year-old, oh, you probably haven’t learned how to make much money yet. So, therefore, $100 million seems enticing and seems impossible. But yet, when you’re 18, to instantly be 28, I mean, that sounds unfathomably old. Now, I did something that surprised me. I asked this question to an 80-year-old woman, an elderly woman. I mean, you would think. I mean, I thought she would certainly want to stay her age and take option A. Surprisingly, she was leaning toward option B. So she’d be 90 and have $100 million, but I also know that she really never learned how to make much money, and therefore maybe that’s why she says this: a time versus money trade-off like this. That’s one reason that we invest in income-producing real estate that pays you five ways simultaneously.
Keith Weinhold 7:04
The goal is to build assets that can help support your life without requiring you to trade even another hour of work for every dollar you earn. It does take effort, capital, and patience with real estate, but over time, more income from real assets can mean more options, and options are valuable. You might choose to keep working. I mean, I enjoy what I do, and you might feel the same. The difference is that you get more freedom to decide what you work on when you work and when you take a day off or take 100 days off. The goal sure isn’t to wait until you have $100 million to enjoy your life. It’s to build enough freedom to enjoy more of it along the way. You have to be an owner and an investor. See, because here’s what’s kind of crazy: if you said you would rather stay your same age and refuse the 100 million dollars, then what you’re doing is massively valuing your time over money.
Keith Weinhold 8:17
But yet, at the same time, if you work for a salary or a wage, well, then you’re doing the opposite of that. You’re valuing the money, and you’re trading away your finite time for what you’re saying you’d rather have less of the money. That’s the real conundrum here. That’s the paradox. That’s the rub. Well, what solves it? Profiting that occurs even when you’re not involved. That condition is made for you when you are an owner and an investor. Before we’re done today, I’ll give you a concrete solution that will solve this time versus money enigma for you. Now, which one would I choose? Well, I don’t think you’re going to be surprised. I would rather stay 10 years younger and forego the 100 million, and that’s largely the product of being a longtime real estate investor and having a pretty high awareness of the wide palette of opportunities available. Those opportunities are the same resources that I share with you here, and while we’re talking about wealth building, Jeff Bezos recently had some thought-provoking remarks about collectivism versus free markets, and he talked about real estate too. So he talks about success and also about housing. Let’s listen in to Bezos, the founder of Amazon and Blue Origin, as he’s interviewed by Bret Baier. I don’t think it’s right to equate success with villainy. This is less than three minutes in length, and then I’ll come back to comment.
Jeff Bezos 9:53
They’ve been taught this whole kind of oppressor oppressed framework, and that success is villainy. Success. Is not villainy. You know, you can you can be a billionaire if you start a hamburger stand. You have 10 people and it works really well. And you open a second one and you open a third one. Now you’re employing 30 people and then you open, you know, 10 more and so on. Pretty soon you have 1000 hamburger restaurants and you are a billionaire. There’s a real story, by the way, is with chicken tenders. It’s the raising cane. You know, this is how it works. There’s nothing wrong with making unbelievably good chicken that people love, and it doesn’t make him a bad person. Why is socialism taking off in some quarters? Well, I think there are a couple of things. One, we do have real affordability problems. So people look at the cost of housing, for example, and it’s very expensive. And so you can’t pretend that there are no problems. So you know, young people do look; they look at the cost of housing and they think, “Gosh, I’m going to have to live two hours out of town. I can’t possibly live close to my job.” I don’t think we should underestimate the problems, but we should also look at what the real solutions are. Housing is a good example because it’s a very important example, but it’s a place where a lot of the government intervention that’s happened has been counterproductive. And instead of work on the real solution, it’s very common for you know in the case of housing, for certain politicians to point at landlords and say this is the fault of greedy landlords, this isn’t what’s going on. Housing is a simple supply and demand situation. It’s econ 101, and if you put in place government programs that subsidize demand and constrain supply, you are going to get high prices, and that’s what many municipalities do. If you can look at a counterexample, which is Austin, where over the last 10 years they’ve implemented many policies designed to make it easier to build houses, and they have housing prices going down in Austin.
Jeff Bezos 11:55
So some politicians are governing correctly on this issue, but many are not. And I would say when you’re in the polling booth, and you’re thinking about who you’re going to vote for, think about this: if there’s a politician who’s picking villains and pointing fingers, that probably means they don’t have a solution. Because if they had a solution, instead of blaming somebody, they would be working on the solution. I’ll tell you, if there’s somebody at Amazon or Blue Origin or Prometheus, somebody at one of my companies, an executive at one of my companies, and every time they came in the meeting, instead of working on a root cause and a root fix and a real solution to the problem, all they did was point fingers and blame people. We’d exit them very quickly. Those people wouldn’t be in our company for long.
Keith Weinhold 12:38
The government has probably done more to stoke housing demand than housing supply. Printing trillions, things like streamlined FHA lending requirements, higher mortgage loan limits, a $200 billion mortgage bond purchase initiative this year. It all stokes demand and prices. Don’t blame the landlord for that. When currency creation explodes, well, then the grocer, the gas station, and the landlord sometimes get called greedy. Now that is true in some cases, but the government is the root cause of the inflation, and we are still feeling the aftereffects here several years after COVID, when people were paid to stay home, so nothing got produced except more money. Look, the definition of greed is a selfish desire to possess more money or power than what’s deserved. But if you’re taking on risk and you’re applying ambition in order to be a producer for society. Well, then you do deserve a commensurate level of success. I am anti-greed. Greed is not the same as a reasonable profit or even a somewhat handsome profit if you’re serving society well. They are the thoughts that the Bezos clip evokes. Shortly, I’m going to discuss the future of housing prices. We’re going to look at the next three years, but first, what’s happening now? Home prices are up another 1.7 percent annually, rising to 432,900. $1,900. This is per the NAR’s freshly released q3 numbers for the national median existing single-family home. And depending on the analyst outlet that you’re looking at, some measures show more than 1.7% appreciation, and some less. Of course, not every area has experienced this, but per the NAR again, 78% of metro areas have seen annual home price increases. Prices rose fastest in the Northeast, up 4%; Midwest, up 3.6%; the South, up just 1%; in the West, they fell six tenths. Above 1%. Here’s what’s interesting, you know. Often over time, the fastest home price growth occurs where there’s the most population growth or employment expansion. Okay, like they are some common reasons. Not this time, although AI-fueled San Francisco does lead the nation with 14.7% home price appreciation, but many of the fastest appreciating markets aren’t growth stories at all, and it’s not even a story about where they’re building the least and constraining supply. Do you know what the factor is for the most home price appreciation in this era? The answer is it’s where prices are affordable, like Appalachia, the Midwest, and the Deep South. And then much of Florida saw home price declines last year, but in the latest quarter, nearly all Florida markets exhibit home price gains. It’s also noteworthy that in this cycle, mortgage rates hit their low right before the Iran War eight to nine months ago. Now that higher rates have settled in, you know we’ve really got a read on how that’s affected home prices. That condition has seasoned, and prices keep rising anyway, although still pretty slowly. Yes, that’s despite all these doomsday predictions that seem to be the ones that can dominate financial media. I mean, it’s just remarkable that so many people consume this when those things are almost always wrong. Now, going ahead, I don’t think there’s any reason to expect a sharp drop in either inflation or mortgage rates, as long as this triple-headed inflation monster looms. Yes, the inflation triple threat continues, and that is wars, tariffs, and massive AI spending. Those activities keep both inflation and mortgage rates somewhat elevated.
Keith Weinhold 17:04
Also, what that does is it puts an ever higher floor beneath real estate prices because it keeps the replacement cost buoyant. But due to an affordability constraint, no matter how hot the economy gets, I do not see how national home price appreciation could hit double digits anytime soon. There’s virtually no scenario for that. CPI inflation is currently 3.7%. So at a home price appreciation level of almost 2%, although it’s stable, you know that’s about as exciting as watching a mortgage amortize. Now, back in December of last year, just like I do every December, I released GRE’s home price appreciation forecast for this year, and my figure forecast was 2%. And I used this same exact NAR median existing home figure that I’m sharing with you now, so it looks like the prognostication is going to be spot on or pretty close. And of course, next month is when I’ll release the forecast for next year’s appreciation number. What about rents? Single-family rents are up 2% year over year.
Keith Weinhold 18:17
That is the sixth consecutive month of faster rent growth, although it’s still not that high, and that figure is greater in high-end rentals and less on the low end. This is per totality’s single-family rent index, and then apartment rents they are barely growing. One-bedroom units are up five tenths of 1%. Two-bedroom units grew seven tenths of 1%. That’s per Zumper’s national rent report. Not so scintillating on the rent growth, but as I’ll discuss later today, you’ll see you don’t need blistering appreciation to get a strong total ROI. The bottom line here is that home prices keep appreciating with no end in sight, but they are not surging with rocket boosters. So let’s restrain the applause. Affordability is what is having its moment. Hey, what we do here at GRE is all human, no AI.
Keith Weinhold 19:18
This show is hosted by a real human, our investment coaching is with a real human, and our “Don’t Quit Your Daydream” newsletter is written by a real human. Me, our weekly newsletter it has had a lot of impact lately, if I do say so myself. Besides charts and figures that really shape your view of the world as a real estate investor. In last week’s letter, for example, I shared two websites where you can read reviews about real estate syndicators, and those reviews are written by verified investors. They are good vetting resources that I gave you there. Robert Kiyosaki’s home is listed. For sale. I sent you a link to photos of that. All kinds of need to know and sometimes just interesting to know resources in our letter. It is chock full of the good stuff, no fluff, and it’s not written by a robot. You can get the GRE letter free at greletter.com. Forecasts for the next three years in the housing market. Next, I’m Keith Weinhold. You’re listening to Get Rich Education. Let me ask you something: If you’ve worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It’s a straightforward approach built on real assets, not speculation. In full disclosure, I’m an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call or text family to 66866. That’s family to 66866. What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group NMLS 42056. They provided GRE listeners with more loans than anyone, because Ridge specializes in investment property. They’ll help you build a long-term plan for growing your real estate empire with leverage. Start your pre-qual and even chat directly with President Caeli Ridge while it’s on your mind. Start at ridgelendinggroup.com. That’s ridgelendinggroup.com.
Richard Duncan 22:04
This is Richard Duncan, publisher in Macro Watch. Listen to Get Rich Education with Keith Weinhold, and don’t quit your daydream.
Richard Duncan 22:22
Welcome back to Get Rich Education. I’m Keith Weinhold, and home prices should climb between now and 2030. That’s not what I say. This is the result of when Fannie Mae asked 100 vetted housing experts where prices are headed next, and I’ll tell you how much appreciation is expected, and we have had a number of those 100 Fannie Mae experts here on the show with us over the years. The expected cumulative home price change between now and 2030, okay, it’s been divided up into the most pessimistic 25% of these Fannie Mae tap experts. The second group is all experts, and finally the most optimistic 25%. The most pessimistic group says just 7% cumulative appreciation between now and 2030. Pretty weak. All experts average out to nearly 15% appreciation, and then the most optimistic quartile forecast almost 23% appreciation, 22.7. So let’s look at the middle figure, 15% over the next three or so years. Okay, that figure would probably outpace inflation, although not by that much, so near 5% per year.
Keith Weinhold 23:45
All right, at 5% annually, let’s take a look at how this would factor in for real estate investors like us because it gets spicier in a hurry. Let’s approximate your realistic total return on say an income property purchase of 250k today. Let’s look at your year one ROI. Well, rather than just a 20% down payment, meaning 50k, we’ll say you’re really investing 60k once we add in your closing costs. Although it would probably be a little less than that. All right, 5% property price growth at five to one leverage. That is a 25% return on your amount invested from appreciation alone, but not quite because of your closing costs. It’s just 21%. Add to that your cash on cash return. We’ll say it’s a new build, 250k property, and this is aided by your builder’s mortgage rate buy down to 5.99%, a common buy down level today. Well, this gives you another 4% cash flow on top of the 21% leverage appreciation. Thirdly, we’ve got that tenant made principal pay down. That is another 4% for your return on amortization. Then your basket of tax benefits, another 3%, and finally inflation profiting on your 200k mortgage. You multiply that by your 3.7% CPI. That is another 12% return, and there you go, just like that. Your grand total is a 44% projected total rate of return, even when the market has been somewhat lethargic, like it has. Well, let’s say though that there’s a disappointment, and you only get 3% annual appreciation for the next few years. That’s kind of in the pessimistic camp of the Fannie Mae experts. Well, in that case, we would still be looking at about a 34% total ROI in year one. Now, if you’re new to this, I mean, just hearing that number on the surface, the 44% total, that would sound unrealistically high, or like you’ve got to be taking a high-flying risk. That’s what you would think if you did not see how we just got there. In fact, before I ever invested in real estate, I would have kind of dismissed a figure like that is nonsensical or irrational, and your actual number won’t be exactly that. It’s going to be based on factors like how much real estate appreciates in the local market that you own in, and the inflation rate, and your tenant occupancy rate, and more.
Keith Weinhold 26:38
But it could very well be higher than that, because around here we focus on owning in the investor advantage markets, and also we are in more of a buyer’s market today than we’ve been in in years. So you might get in at a price that’s lower than the amount that the property gets appraised for. That’s like an instant ROI as well, but that is certainly not a condition that you can count on. It’s just nice when it happens. But yeah, buyers have more of an ability to negotiate today than they did even a year ago. Now, Realtor.com is a platform that mostly produces news and information on the primary residence market, but twice a year they publish their investor report, and their latest one was just published. It showed that among investors, small investor purchases are comprising a higher amount of activity than they had previously. And what they do is they define a small investor as those that own fewer than 10 properties, so between one and nine properties. Well, that proportion has grown from 46% 12 years ago to 66% today. More small investor activity as compared to all investors, but in this era, you need to be more selective than you were five years ago, and five years ago, I mean that’s when the value of seemingly every property shot up dramatically. Today, find a seller in an investor advantaged market, usually one that’s going to give you a concession too. And now this was kind of funny, you know how virtually nobody, like nobody in society, is comfortable with being referred to as either a rich person or a poor person. Either one of those conditions, those monikers engender discomfort. Everyone wants to say that they’re middle class in order to sound relatable. I mean, a billionaire with three yachts, you know, they somehow want to stretch and call themselves upper middle class.
Keith Weinhold 28:51
If someone will admit to owning a lake house, oh, they’re really quick to revert to the mean and say, “Yeah, but hey, I still shop at Costco, right? So nobody wants to be rich or poor. Well, I had to laugh a little when I was recently listening to a financial presentation, and I found it interesting that the speaker used a euphemism for poor people. Rather than calling the group poor, he referred to them as a group that are asset light. That’s a new one to me, but yeah, it’s been more apparent that at perhaps more than any time in modern history, the asset owners are the real winners because inflation is rampant, and anymore, the government intervenes to ensure that asset owners don’t lose. AI is coming for a lot of jobs, and a college degree is not going to save you. Microsoft cut 60,000 employees recently. Well, they called it a paid equity. And we’re talking about mid to senior level people here, not entry level people that had what they thought were safe jobs with degrees and licenses. UPS 30,000 position reductions this year. Amazon 16,000. This is why financial intelligence is so important. You have to own.
Keith Weinhold 30:23
You have to invest in assets, hard assets that you can see, touch, and feel. Things that AI won’t replace, like housing, farmland, and food. You have to be allocated into durable resources that are going to take care of you and feed you for decades. It’s about taking ownership and accountability for the life you create. You know, some of the best conventional wisdom is that whatever the herd is doing, you want to run the other direction. You need to act, you know. Warren Buffett, he purportedly said that he has never met a billionaire economist, not once. So his point is that you don’t get paid for making a model and opining on theories. You’re paid for making a move for acting, and as a real estate investor, you want less buyer competition. You desire more choices, more opportunity, and more motivated sellers. Often, they’re the ones giving you the rate buy down. An investor mortgage rate that might be in the eights today. Instead, they’re buying it down for you, often into the high fives. That’s why, for long-term buy-and-hold real estate investors, this is your time. But in this era, you know, mass media articles about the housing market, nah, they tend to be more dour, more negative, and they also focus on owner-occupants, and that is fine. I mean, that’s what most of the real estate market is. That’s the audience. But instead, we are investors, and we don’t get rich quick. And we really don’t even try. We build wealth slowly over time. We’re going for the get rich for sure, and most people they never build any lasting wealth. Here, we do more than just make recommendations to providers that have the best incentives in the top markets. We are your trusted advisor, consultant.
Keith Weinhold 32:36
We’re essentially a silent partner throughout your investment journey. I mean, a lot of investors come to us never having purchased a property outside their home market, so they don’t know the markets, and they’re still looking to establish relationships. So a lot of times they don’t know where to start. That’s okay. We’re used to that. We help you evaluate markets and opportunities, and compare providers and properties, and understand different investment strategies. So we often think through offers and financing. We help you write the offer if you want that. We navigate challenges either during or even after you buy investment property, and we connect you with the professionals that you need. And this includes parties like builders, wholesalers, flippers, agents, brokers, lenders, the all-important property managers, inspectors, appraisers, engineers, real estate attorneys, CPAs, cost segregation specialists, 1031 exchange experts, and others. So now you have someone experienced to consult throughout the process, from your initial questions to closing and beyond. I’m talking about GRE investment coaching, and this consulting is provided completely free of charge to you, the investor, and in the past we have had a lot of those listeners that engage with our coaching, and then they’ve come onto the show to tell you how we’ve helped you. This coaching, you know, it’s one of the best things that we ever did here at GRE in order to help you.
Keith Weinhold 34:17
For five years now, we provided you the opportunity for a daydream in progress with our coaching. Take Jonathan F. He acquired six investment properties across Alabama and Ohio over about three months, and it was just a hair over 1 million in purchases. It was a rental single-family home in Pinson, Alabama, for 302k, and then five properties across Akron and Canton, Ohio. They all range between 135k and 145k each. The incentives we helped Jonathan F. get are free property management for the first year and. 5% down payment special financing, that is beautiful as long as you control your cash flows. That 20 to one leverage, I mean, that is really separating you from the herd, Jonathan. I mean, on this slightly over a million dollar portfolio, then just 5% appreciation enhances your net worth by 50k every year just from appreciation alone. These are single family rentals, and at least one is a duplex. So that is Jonathan’s daydream in progress. Then we are helping Bruce T. He’s a California investor building a four-property bur portfolio in Arkansas. BURR means buy, renovate, rent, refinance, and repeat. His four purchases were spread out over a full year and total 452k. Now, with Bruce here, this is where the coaching really brings value. Out-of-state bur investing that involves far more than just finding an inexpensive property.
Keith Weinhold 36:04
I mean, investors need to understand acquisition costs, renovations, after repair values, refinancing, rental demand, property management, and the professionals involved in executing the strategy. Will we help investors navigate that process, evaluate opportunities, connect you with the right specialists, and now you have someone knowledgeable to consult when questions or challenges arise throughout that. And Bruce’s four purchases, I mean, they really demonstrate how an investor living 1000s of miles away can build a portfolio in a more affordable market with access to an established network and get that ongoing support. And then finally, we’ve got Drew. He is a Colorado investor expanding from Ohio and into Florida. Drew’s purchases totaled 848k across four properties. Now that’s not the amount he invested. That’s a total property value. He initially purchased three Burr properties in Ohio within about two months, and the following year he expanded into Florida through a different provider here in the GRE network. He got a 170k property in Cincinnati, 190k in Pequot, Ohio, 232k in Springfield, Ohio, and then 255k in Ocala, Florida, where his incentives are a 2% closing cost credit and two years of free property management. So Drew is a good example of an investor who didn’t stop at one marketer provider, getting into both Ohio and Florida with access to GRE’s broader network and our coaching resources.
Keith Weinhold 37:50
We can help you explore opportunities across multiple states, compare different investment strategies, evaluate the professionals involved, and expand your portfolio as your goals evolve throughout time, like they surely will. So we’re talking about property that makes sense today, and not just someday if rates happen to fall. And there are truly zero fees for GRE investment coaching because sponsors took care of that a long time ago, but before you utilize it, you know I would urge you to have some knowledge, just a little. Listen to at least 10 GRE podcast episodes first, and then I do actually want you to book a coaching call because it’s gratifying to see the impact. If you’re a more experienced investor, maybe you already have access to some resources, and then you don’t need all of our help. But what this is doing is it’s about helping you move from uncertainty and into an informed purchase. Or if you’re experienced, we can help you take your next step too. I mean, what would more financial freedom let you do? The first property, in the short term, you might only notice that the cash flow from it just covers one household bill, and as you grow your portfolio prudently, you can see it metamorphosize into your early retirement plan. It’s about more than just finding a pretty looking property with, say, a rate buy down. That’s not enough alone. We’re looking at the big picture: rents, expenses, management, and the local market. Because we deal nationally and we do this for a lot of buyers, we kind of have the scoop here.
Keith Weinhold 39:39
We know what kind of offer sellers will accept a lot of times because we’ve seen what other buyers have tried. So that’s information we have here that can be really hard to find somewhere else. So build your wealth. You can book a time convenient for you to simply get clarity. Look at real opportunities and decide whether it fits your goals. It is free at greinvestmentcoach.com. You can open a calendar page there right now and set that through greinvestmentcoach.com. Until next week, I’m your host Keith Weinhold. Don’t quit your daydream.
Speaker 3 40:24
Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.
Keith Weinhold 40:52
The preceding program was brought to you by your home for wealth building, getricheducation.com
