Get Rich Education is brought to by Ridge Lending Group, apartment investor mastery,

Norado real estate, and producers' wealth.

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.

Welcome to GRE, from Queensland, Australia to Queens, New York, and across 188 nations worldwide.

I'm Keith Weinhold, and this is Get Rich Education, episode number 200, the bicentennial installment.

More on that later. Now, as a real estate investor, over the long term, during an up market cycle like we're in now,

you're enjoying appreciation and leverage and arbitrage.

And with that leverage appreciation, you're able to perform more cash out refinances and 1031 exchanges

in order to increase your returns and achieve a high velocity

of money. In a down real estate market cycle, you're then just kind of using the rental

income to control the mortgage. You might even have more cash flow during a down market cycle, and that's partly because of

psychology. More people are discouraged from buying their own home in a down market. Fewer people

buy homes and more people rent homes in that case, and your rental demand goes up like I started

experiencing in 2008. So if you can buy right,

you're often hedged both ways in an up market cycle and in a down market cycle. And over the

long haul, the fact that leverage beats compound interest might have other people say something like this to you because

you're really financially and lifestyle-wise separating yourself from everyone else. You know

what they're going to tell you? They're going to say, gosh, you know what? You live a great

life.

Whether your peers see you in real life or virtually through pixels in social media,

they'll see your freedom of time.

...