87: Increase Your Cash Flow Creatively with Kira Golden

Get Rich Education

Keith Weinhold

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

4.3 • 602 Ratings

🗓️ 10 June 2016

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#87: This clever technique can significantly boost your cash flow in your existing buy-and-hold real estate portfolio.

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Listen to this week’s show and learn:

02:48 To become wealthy with real estate, you don’t need any formal education or family connections.

05:09 With turnkey real estate investing over the long-term, you get: good returns, more control, less hassle.

07:18 A question about the 1% rent-to-value ratio from a Chicago listener.

12:31 How to use “lifestyle” real estate to help your “long-term buy-and-hold” real estate.

14:00 How to market this clever technique.

16:09 Benefits: better tenants, better occupancy, timely rent payments.

18:36 Vacation rentals in the U.S. vs. outside the U.S.

22:00 Management and maintenance structure of vacation rentals.

26:28 This technique can make your vacation rentals more successful too.

30:55 Foreign property ownership structure.

33:10 Interpreting foreign property contracts.

34:35 Governments cracking down on weekly rentals.

35:43 Your vacation rentals should be bought so that they would cash-flow as long-term buy-and-holds.

36:33 Diversification.

38:47 Do this yourself, or Kira Golden can help you get started: DirectSourceWealth.com/Portfolio

Resources Mentioned:

Direct Source Wealth

Corporate Direct

Norada Real Estate

Mid South Home Buyers

[email protected]

Get Rich Education Website

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Transcript

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0:00.0	Get Rich Education is brought to by Norad of Real Estate, Corporate Direct, and Mid-South Homebuyers.
0:08.3	Garrett Sutton here, Robert Kiyosaki's Aset Plotection Attorney and the author of Loopholes of Real Estate.
0:14.6	As an American or foreign-based investor in U.S. real estate, you know we are a litigious society.
0:22.2	You know that you need to protect your real estate and paper asset holdings with the right mix of LLCs and corporations.
0:28.6	My firm Corporate Direct not only forms these entities, but importantly, we properly maintain them, too.
0:35.4	If you fail to follow the corporate formalities, you can lose it all in an instant.
0:40.7	Corporate Direct is your source for LLC protection and maintenance in all 50 states.
0:47.0	Visit CorporateDirect.com or call 800, 600, 1760.
0:52.6	Mention Get Rich Education for a free bonus.
0:55.8	Switch your resident agent service to us and receive another bonus.
0:59.6	It's all good.
1:00.8	We look forward to assisting you at CorporateDirect.com.
1:09.0	Welcome to Get Rich Education with Keith Weinhold, giving you information and ideas on the investment that has turned more ordinary people into millionaires and billionaires than anything else, and can provide you with more wealth and happiness than you ever thought possible.
1:27.5	Now, here's your host, investor, entrepreneur, business owner, and educator, Keith Weinhold.
1:38.3	Welcome to GRE. This is episode 87. My name is Keith Weinhold and I host this weekly show right here called
1:46.3	Get Rich Education to help you build durable wealth for yourself. And we build it with a vehicle
1:52.0	that has made more ordinary people wealthy than anything else. And that vehicle is real estate.
1:58.9	But don't be intimidated by real estate because we do it in a way where you have control of your real estate. But don't be intimidated by real estate because we do it in a way where you
2:03.0	have control of your real estate, yet not so much of the hassle associated with it, and where
2:08.9	annual rates of return of under 25% are actually disappointing. Yes, I said that. Well, how would I
2:17.2	know? Because I've been doing it myself since 2002.
2:21.9	GetWritz Education is heard in 165 world nations and we're proud to be one of the very few
	...

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