228: Donald Trump - The Real Story | Equity Flipping, Cap Rates

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3 • 602 Ratings

🗓️ 18 February 2019

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#228: Is Trump’s real estate wealth self-made or inherited? You get surprising answers.

Also learn about property hold time, equity flipping, cap rates, health insurance, a mastermind group.

How long should you hold onto an investment property? Short answer is 8 years.

Generally, sell when you have at least 15% more equity than your contemplated replacement.

“Equity flipping” is a term that I introduce to you today.

Don’t flip property, flip equity. This increases your velocity of money.

Learn all about Cap Rates.

Cap Rate is income divided by price. Cap Rates are driven by supply and demand.

Cap Rate excludes financing because you brought a mortgage to a property, the property didn’t come with the mortgage.

Learn about health insurance for entrepreneurs.

Next month on the show: Robert Kiyosaki, Tom Wheelwright, and Ken McElroy will all be here for “Rich Dad Month”.

__________________

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

__________________

Resources mentioned:

Visual Capitalist:

Trump: The Real Story

World Real Estate Trends & Climate:

GlobalPropertyGuide.com

Collective Genius Mastermind Group:

http://invite.thecollectivegenius.com/

Mortgage Loans:

RidgeLendingGroup.com

Cash Flow Banking:

ProducersWealth.com

Turnkey Real Estate:

NoradaRealEstate.com

QRP:

TotalControlFinancial.com

JWB New Construction Turnkey:

NewConstructionTurnkey.com

Find Properties:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith personal Instagram:

@keithweinhold

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Get Rich Education. I'm your host Keith Weinhold with some listener questions today,
0:07.0	including how long should you hold onto a property, why you shouldn't flip properties, but instead flip
0:13.5	equity. What is a cap rate? And why does it matter to you? What should entrepreneurs do for
0:19.0	health insurance? And then the real story behind
0:22.1	how Donald Trump built his wealth today on Get Rich Education? Learn the easiest way to create
0:30.0	wealth and passive income with real estate. Now you can access the best deals without the
0:34.8	stress or hassle of having to find, renovate, or manage those investment
0:38.2	properties. Norata real estate saves you time by providing you with passive income investment
0:43.2	properties in some of the best U.S. markets. Learn more at passive real estate investing.com
0:48.3	and download your free copy of the ultimate guide to passive real estate investing. There's no
0:53.6	obligation and nothing to buy. Simply visit passive real estate investing. There's no obligation and nothing to buy.
0:55.5	Simply visit passive real estate investing.com.
0:58.8	For a real estate investor like you seeking an income property loan, go to Ridge Lending Group,
1:04.4	NMLS 42056. Over the years, you've heard President Chaley Ridge generously devote her time
1:10.3	to you here on the show as a guest.
1:12.6	Ridge provides investment property loans in most U.S. states, and you're going to find out how they've helped more people realize their dreams of real estate financial freedom than any other mortgage lender in the entire nation when you get started at ridg lending group.com.
1:30.9	You're listening to the show that has created more financial freedom than nearly any show in the world.
1:38.2	This is Get Rich Education.
1:43.5	Music Rich Education.
1:55.4	Here it is. Hey, welcome to GRE.
1:56.7	You are back in that abundant place where financially free beats debt free.
2:01.6	I'm your host Keith Weinhold, and I'm so grateful that you're here for the 228th installment of Get Rich Education.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.