315: How To Avoid Real Estate Scams with Garrett Sutton
Get Rich Education
Keith Weinhold
4.3 • 602 Ratings
🗓️ 19 October 2020
⏱️ 44 minutes
🧾️ Download transcript
Summary
Learn how to avoid getting ripped off from a:
Vacant land scam
Foreclosure relief scam
Loan flipping scam
Escrow diversion scam
Rental ad scam
Common consumer scams
More
Subscribe to our newsletter here.
Asset Protection Attorney Garrett Sutton joins us for the fourth time on the show.
His new Rich Dad Advisor book, Scam-Proof Your Assets, releases this month.
Scammers sell other scammers lists of names of gullible people.
Tell scammers that you want to share their deal with your attorney or CPA. They'll run away.
Those that get scammed tend to be: less educated, vain, both young & old, crave a good deal, feel isolated, and are more impressionable.
Scammers are often someone you already know; they're close to you.
Resources mentioned:
Garrett Sutton's New Book:
Corporate Direct for LLC Formation:
1-800-600-1760
Report and track scams at:
Mortgage Loans:
EQRPs: text "EQRP" in ALL CAPS to 72000 or:
By texting "EQRP" to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply "STOP" to cancel.
New Construction Turnkey Property:
Best Financial Education:
Top Properties & Providers:
Follow us on Instagram:
Keith's personal Instagram:
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Get Rich Education. I'm your host Keith Winehill. We're talking about real estate |
| 0:04.7 | scams, other common consumer scams, and how to avoid them. The newest one of those ever |
| 0:10.3 | popular purple-covered Rich That Advisor books releases this month. I'm talking to the author of that |
| 0:15.8 | book, Scam Proof Your Assets, Today on get rich education. |
| 0:27.9 | Congress just made it possible to get up to $100,000 out of your current 401k or TSP to invest in real estate, gold, or even your own business. That's even if you're still working |
| 0:32.5 | and avoid the IRA Ubit tax. The thing is, you can get your money tax and penalty free for a |
| 0:39.5 | limited time. The EQRP is your secret weapon. With the CARES Act expiring soon, the EQRP company |
| 0:45.6 | helps you unleash your retirement funds now. Learn more and text message EQRP in all capital letters |
| 0:51.7 | to 72,000. |
| 1:02.3 | You're listening to the show that has created more financial freedom than nearly any show in the world. |
| 1:06.4 | This is Get Rich Education. |
| 1:24.9 | Music Welcome to Gare from Concord, New Hampshire to Compton, California and across 188 nations worldwide. |
| 1:26.5 | I'm Keith Weinhold. |
| 1:30.2 | This is Get Rich Education. You are back in that abundant place where financially free beats debt free, but scam free is a pretty good place to be too. |
| 1:37.7 | Let's talk about how you can be seduced into buying a piece of vacant land for yourself. |
| 1:45.0 | And that vacant land is almost worthless and has almost zero chance of being valuable for decades. |
| 1:52.4 | See, this is a real estate trap that's so common that I fell into it one time myself. |
| 1:59.3 | The way that it works is that banks typically are not interested in |
| 2:04.3 | lending money to buyers of vacant land. So then the land owner offers you the financing instead. |
| 2:12.4 | So where instead of making your raw land mortgage payments to a bank, then for you as the buyer, there is no bank, |
| 2:19.3 | and you make your payments to the owner instead. And unlike a bank, the owner can finance any |
| 2:26.9 | person that they wish to, so they don't need to stick to these strict requirements in order to |
... |
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.