123: Mistakes To Avoid In Real Estate Investing

Mistakes To Avoid In Real Estate Investing

by Keith Weinhold | Get Rich Education

What if the value of your income properties falls 40% vs. the value of stock falls 40%? We explore the strategic, emotional and practical side of this. Learn how you stop losing money by paying the opportunity cost of not being invested strategically. How to use desktop methods to research the right properties and markets. Keith is invested in a real estate market where there’s a recession. Here’s how he deals with it. Keith brings you today’s show from San Juan, Puerto Rico. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities. Listen to this week’s show and learn:

02:50 Most real estate investors buy property for convenience, not strategy.
05:34 Reading about 3-D printing before investing in Memphis real estate (really?).
07:17 Use these desktop methods to research property.
09:12 When your stocks fall 40%, a story of what happens tactically and emotionally.
17:20 There have been 25 stock bear markets since 1929.
18:27 Corporate Direct for asset protection.
21:58 The mortgage meltdown of 2009.
23:31 What happens if you income property portfolio fell in value by 40%?
26:56 In a stock meltdown, companies disappear. In a real estate meltdown, you still own land, brick, concrete, wood, copper wire, and glass.
28:23 Warren Buffett’s Rule No. 1: “Don’t lose money.”
29:07 Keith owns income property in Anchorage, Alaska, and there’s a recession there.
31:34 Submarkets and business sectors.
34:58 Invest in 3-5 different metros.
37:11 Home inspections.

Resources Mentioned >

Resources Mentioned: WeGoLook.com | NoradaRealEstate.com | TheRealAssetInvestor.com/GRE | HighlandsMortgage.com | MidSouthHomeBuyers.com | GetRichEducation.com

Enjoy the podcast? Subscribe here!
iTunes Android Android Android iHeartRadio  Spreaker SoundCloud

gre-book

SUBSCRIBE TO OUR FREE NEWSLETTER

Be notified of wealth-building Get Rich Education updates! Leave your contact details here.

You have Successfully Subscribed!

GRAB GET RICH EDUCATION’S BOOK AND LETTER!


Free E-Book. 7 Money Myths That Are Killing Your Wealth Potential contains money secrets you can’t believe you never knew in 84 concise pages. It finally clarifies how real estate creates financial freedom.

Free Letter. Our weekly Don’t Quit Your Daydream E-mail letter wires your mind for wealth. It helps you make money in your sleep and updates you on important real estate investing trends.

Full of value, void of hype. Just real content that makes a difference in your life. Rather than living below your means, learn how to expand your means.

Check Your E-Mail For The Book.

GET MY FREE EBOOK


7 Money Myths That Are Killing Your Wealth Potential

Check Your E-Mail For The Book.

Share This

FREE VIDEO COURSE

REAL ESTATE
PAYS 5 WAYS

This valuable 1-hour course and newsletter wire your mind for wealth:

Get Video Course - Pop-Up