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Get Rich Education

Real Estate Investing with Keith Weinhold

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Live the Life You Were Created to Live, 12 Ways to Raise Rent and Add Value to Your Property

• 46 min

Are you living the life that you were created to live? I explore.  People have harbored unfounded real estate fears for years. Here they were: 2012: Shadow inventory 2013: Boomers downsizing 2014: Rates spike 2015: PMI recession 2016: Vacant units 2017: Home prices above pre-GFC peak 2018: 5% mortgage rates 2019: Recession? 2020: Pandemic 2021: Forbearance crisis 2022: Rising rates 2023: Recession US houses prices are heading up this spring. The latest FHFA’s Monthly Housing Report shows 4% national home price appreciation. We explore apartment reputation scores. This is a great proxy for what’s happened in housing the past three years. As an investor, you have a low “loss to purchase” with your tenants. It’s difficult for them to buy their first home. I discuss 12 Ways that you can raise the rent and increase the value of your property. Resources mentioned: Show Notes: www.GetRichEducation.com/449 Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Find cash-flowing Jacksonville property at: www.JWBrealestate.com/GRE Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY’ to 66866 Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free—text ‘GRE’ to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold Credit to BiggerPockets.com   Welcome to GRE! I’m your host, Keith Weinhold. We get clear together - Are you truly living the life that you were created to live?   A housing market update with some perspective that can totally shift your real estate thought paradigm.    Then, 12 Actionable Ways that you can raise the rent and add value to your property. Today, on Get Rich Education.   Welcome to GRE! From Johannesburg, South Africa to Harrisburg, Pennsylvania and across 188 nations worldwide, I’m Keith Weinhold and this is Get Rich Education.   Last night, people were losing sleep over money. At the same time, last night, you made money… as you slept.   Are you living the life that you were created to live?   Your big ideas, your grandiose hopes and ambitions that you promised yourself that you would follow through on someday… have they turned into fears?   Even ones that you had as a child - like to be an astronaut or a firefighter. Today, it might simply be that you would have quit your soul-sucking job by now.   Maslow’s Hierarchy of Needs - how many are you fulfilling? All five? There are five levels. The base level are your… What are you doing to be the most that you can be?    With financial freedom, you can control your time and have a chance at living the life that you were created to live.   How do most people think of financial betterment? In a faulty way, like…   If you get your hair cut at home and brew your own coffee at home, you figure you could save 6 bucks a day.   Hey, Men’s Fast-Pitch Softball at the Moose Lodge is still free. Oh geez. So that’s why it’s your entertainment?   You could save a whopping $80 on flight tickets by adding an extra layover on your trip itinerary.   Or… it’s buy-one-get-one free week on Hillshire Farm brand bacon at the supermarket.   Alright, how do you know that all those things right there don’t move the meter in your life? It’s because, ask:   How many times would you have to do that activity - like add an unnecessary flight layover - in order to acquire wealth?    None. It doesn’t apply. You could practically do that an INFINITE number of times and you wouldn’t acquire wealth to create the time to live the life you want.   But how ma

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