169: State Of The Real Estate Market, Property Management | GRE Listener Jacob Ayers
Get Rich Education
Keith Weinhold
4.3 • 602 Ratings
🗓️ 27 June 2018
⏱️ 41 minutes
🧾️ Download transcript
Summary
#169: If you want profit, your real estate's rent income-to-purchase price ratio matters most. I reveal the top five cities for this vital ratio.
I discuss how the media often gets real estate investing wrong. I talk about how to handle your relationship with your Property Manager.
Renters have conventionally been young, single, less educated, and low to middle income. You'll learn about how quickly this is changing. When did renters get so old?
Of all product types, more renters are demanding to rent single-family homes rather than other product types.
Later, Get Rich Education listener Jacob Ayers stops by to chat with me. He hosts The Real Estate Way To Wealth And Freedom podcast. GRE is the first podcast that Jacob ever heard; now he's on the show.
Want more wealth?
1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book
2) Actionable turnkey real estate investing opportunity: GREturnkey.com
3) Read my new, best-selling paperback: getbook.at/7moneymyths
Listen to this week's show and learn:
01:04 Top 5 cities with the best ratio of rent income-to-purchase price.
05:03 How the media gets real estate investing wrong.
06:50 Your Property Manager.
11:28 Tenant demographics.
13:26 Surging rental demand for single-family homes.
17:58 I'm soon going on a Florida real estate tour.
21:16 GRE Listener Jacob Ayers chat begins.
23:59 Following money vs. making money follow you.
25:25 Jacob's first rental property cost just $25,000 in western Oklahoma.
28:33 Jacob's first mistake involved tenant screening.
30:57 Tips for RE investors with a full-time job.
32:25 Jacob encourages you to get started.
35:47 Live where you want; invest where the numbers make sense.
37:33 Jacob now hosts his own podcast.
Resources Mentioned:
Article: Best Markets For RE Investors
Article: Should You Rent Or Buy Your Home?
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Get Rich Education is brought to you by Volhollow Wealth and Ridge Lending Group. You're listening to the show that has created more passive income for people than nearly any show in the world. This is the powerful Get Rich Education. The President get rich education welcome welcome in this is gree get rich education i'm your host keith |
| 0:33.7 | education episode 169 i'm your your host, Keith Weinhold. |
| 0:38.3 | It is a new year, and we've got a lot for you to think about today. |
| 0:42.5 | We're going to discuss your selection of real estate investing geographic markets. |
| 0:47.1 | We're going to talk about what you should look for in a property manager. |
| 0:50.3 | And finally, we're going to talk to a long time get rich education listener, yes, |
| 0:55.5 | someone just like you, and get his thoughts and perspective on what he's learned from this |
| 1:00.9 | very show and how he's putting it into action. |
| 1:04.3 | Now, a great study's findings were recently released, and it aggregated data from both |
| 1:09.8 | HUD and Zillowow and it ranked the metro |
| 1:12.9 | areas that have the best ratio of rent income to purchase price and oh I can't wait to |
| 1:20.0 | share this with you this ratio of rent income to purchase price is the top determinant toward |
| 1:25.8 | your passive income stream we give some general updates here on |
| 1:30.9 | appreciation from time to time with some measure like the K. Schiller index, but this update |
| 1:35.4 | here on the top metros for the highest ratio of rent income to purchase price is what really |
| 1:40.5 | matters most to cash flow centric real estate investors. And importantly, this index is only |
| 1:47.2 | selecting among the 50 most populous U.S. metro markets. And the fifth best national RV ratio, |
| 1:56.4 | and well, not so much national again, but within the top 50 metros for the year, number five, |
| 2:02.8 | the fifth best is in Kansas City, Missouri. The fourth best one on the list is in Indianapolis, |
| 2:10.3 | Indiana. And before we go on with the next ones on the list here, for the latest year ended, |
| 2:15.6 | again, we're talking about the rent to price ratio, |
| 2:18.8 | also known as the rent to value ratio, because the ratio of your rent income to purchase price |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Keith Weinhold, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Keith Weinhold and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.