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Lifetime Cash Flow Through Real Estate Investing

Ep #89 - Keith Weinhold is a contributing writer to the Rich Dad Advisors blog. He hosts one of America's top investing shows, Get Rich Education. Keith is a buy-and-hold investor of Class C multifamily apartments primarily for cash flow.

Lifetime Cash Flow Through Real Estate Investing

Rod Khleif

Passive, Estate, Family, Business, Management, Income, Multifamily, Apartment, Education, Multi, Property, Commercial, Real, Investing, Investor

4.81.4K Ratings

🗓️ 16 January 2017

⏱️ 31 minutes

🧾️ Download transcript

Summary

Keith Weinhold is a contributing writer to the Rich Dad Advisors blog. He hosts one of America's top investing shows, Get Rich Education. Keith is a buy-and-hold investor of Class C multifamily apartments primarily for cash flow.

Here’s some of what you will learn:

  • Why 2016 is a great time to be a real estate investor.
  • Keith’s first real estate purchase was a fourplex that he lived in.
  • Using equity from that fourplex Keith quickly bought his second fourplex.
  • Keith did a successful 1031 exchange exchanging 2 fourplex buildings with an 11 unit building and an 8 unit building.
  • A great way to get started with a Bang in multifamily investing.
  • Buying a fourplex with FHA loan only requires 3 ½ % down payment.
  • Buying a fourplex with VA loan $0 down payment.
  • Rather than say, “I can’t afford it” ask yourself, “How can I afford it?”
  • Strategies to use other people’s money to purchase multifamily real estate to amplify your own wealth.
  • Why millennials are more likely to be renters than home owners.
  • What does a 1031 exchange do?
  • The importance of developing a growth mindset.
  • How to outsource your debt payments.
  • Being financially free is far more powerful than being debt free.
  • Why you must think with a new paradigm to create wealth.
  • 4 ways to use other people’s money to work for you while investing in multifamily real estate.
  • Building your abundance mentality.
  • Don’t live below your means, expand your means.
  • How to tell if your property manager is not doing a good job.
  • How to find the right property manager.
  • Why the market is more important than the property.
  • Be Bold!
  • App recommendation: https://wegolook.com/
  • Text Rod to 41411 for a free copy of my book

Our Guest

You can learn more about at: http://www.getricheducation.com/

Want to build Lifetime Cash Flow from Multifamily Properties?

If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business! - if you'd like to receive information about our program, text CRUSH to 41411 now.

Recommended Resource

  • Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif

Review and Subscribe

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the lifetime cash flow through real estate investing podcast.

0:05.0

This is where you learn strategies to help you achieve lifetime financial freedom through real estate investment.

0:11.0

Your host Rod Cleef has owned over 2,000 homes and apartments.

0:15.0

And he brings experts in all aspects of real estate investment and management onto the show.

0:20.0

Now, here's your host host Rod Cleef.

0:25.0

Welcome to another edition of how to build lifetime cash flows from real estate investing.

0:29.0

I'm Rod Cleef and I'm thrilled you here.

0:31.0

I know you guys are going to get a lot of value from today's guest.

0:34.0

His name is Keith Weinhold and he's the founder of Get Rich Education and they

0:38.5

teach his real estate education. He also has a top-rank podcast called Get Rich Education as well.

0:44.0

And I know he is an active contributor to Robert Kiyatsaki's Rich Dad Advisors blog.

0:49.0

I think he's got a compelling story and we're lucky to have him on the show.

0:52.0

Keith, welcome to the show.

0:53.0

Thanks, Rod.

0:54.0

I appreciate being here.

0:55.0

Absolutely.

0:56.0

So maybe you can expand on your intro and speak a little bit about your history.

1:01.0

First of all, where are you calling from?

1:02.0

I think that's kind of an unusual place I live in beautiful and pristine

1:06.4

Anchorage Alaska

1:07.7

So man, it's got to be like five in the morning there or something, right?

1:12.6

It actually is dark while we're doing this interview, so yeah,

...

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