219: Tragedy Has Struck, Listener Questions, Scarce Skip Is Born
Get Rich Education
Keith Weinhold
4.3 • 602 Ratings
🗓️ 17 December 2018
⏱️ 41 minutes
🧾️ Download transcript
Summary
#219: Earthquakes ravaged my property. I’m 100% uninsured.
Why don’t I have earthquake insurance?
There’s a big lesson in this for you no matter where you live… and it’s not what you think.
You take great risk if you don’t invest in multiple real estate markets.
First, I answer your listener questions:
“Should my first property be an owner-occupied four-plex or a turnkey SFH?”
“If you could start over again in real estate, what would you do differently?”
A character named “Scarce Skip” is born.
Early next year, Jim Rogers, Robert Kiyosaki, and Garrett Gunderson are scheduled to be 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 best-selling paperback: getbook.at/7moneymyths
__________________
Listen to this week’s show and learn:
02:37 Should my first property be an owner-occupied four-plex or turnkey SFH?
12:50 If you could start over in real estate, what would you do differently?
16:14 Telling me I “got lucky” by starting with a four-plex.
19:48 “Scarce Skip” is born.
21:38 Earthquakes ravaged my psyche and property.
35:09 Five key lessons.
36:16 Seismic engineering and construction.
Resources mentioned:
Mortgage Loans: RidgeLendingGroup.com
Cash Flow Banking: ProducersWealth.com
Turnkey RE: NoradaRealEstate.com
QRP: TotalControlFinancial.com
Find Properties: GREturnkey.com
GRE Book: GetRichEducation.com/Book
Transcript
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| 0:00.0 | Welcome to Get Rich Education. I'm your host Keith Whitehold. I'm answering your listener questions today. Should your first ever rental property be an owner-occupied foreplex in your own hometown or an out-of-market turnkey investment? If I could start all over again in real estate myself, what would I do differently? And then finally, I've got something rather serious and sad to tell you about. |
| 0:22.5 | And every investor can learn a substantial lesson from this tragedy that I experienced myself |
| 0:27.3 | today on get rich education. |
| 0:32.0 | MC Lobster is the host of the Cashflow Ninja podcast and president of producers wealth. |
| 0:37.0 | He is on a mission to help |
| 0:39.0 | you achieve financial independence and freedom as soon as possible. He achieves this by integrating |
| 0:44.2 | the infinite banking concept with real estate investments to increase their returns and recapture |
| 0:49.7 | cash flow that you are not even aware of that you're losing. MC shares the number one strategy of investors in his holistic wealth creation course |
| 0:57.8 | at your own banking system.com. |
| 1:02.2 | Would you like to know the easiest way to create wealth and passive income with real estate? |
| 1:06.6 | This is Marco Santorelli with Norata Real Estate Investments. |
| 1:10.2 | Now you can access the best deals without the stress or hassle of having to find, |
| 1:14.3 | renovate, or manage those properties. |
| 1:16.4 | We save you time by providing you with passive income investment properties in some of the best U.S. markets. |
| 1:21.7 | Learn more by downloading your free copy of the Ultimate Guide to Passive Real Estate Investing. |
| 1:27.1 | There's no obligation and nothing to buy. |
| 1:29.3 | Simply visit passive real estate guide.com and get your free copy today. That's passive real estate |
| 1:35.4 | guide.com. Get rich education is brought to you by Ridge Lending Group producers wealth, |
| 1:41.6 | LaRata Real Estate, and Total Control Financial. |
| 1:47.2 | You're listening to the show that has created more passive income |
| 1:49.2 | for people than nearly any show in the world. |
| 1:53.3 | This is the powerful |
... |
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