REIClub | Real Estate Investing Podcast
Business:Investing
Jimmy Vreeland went from being an active duty Army Ranger (thanks for your service!), to concentrating on building passive income thanks to Robert Kiyosaki's little purple book. His first deal wasn't a home run at first, but the longer he held it the more he realized it was turning into a grand slam.
And that's what he loves about real estate, as a long-term asset it's almost impossible to screw up. You just need to buy at a decent price and hold on to the property.
And if you think that's exaggerating, Jimmy actually forgot he owned a house but held onto it long enough that he still made money on it.
Resources Mentioned In The Video:
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Want to learn how to combine the VAULT life insurance strategy with Real Estate investing?
https://reiclub.com/cashflowtactics
Rich Dad Poor Dad - Robert Kiyosaki
https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612681123
Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money - Robert Kiyosaki
https://www.amazon.com/Rich-Dads-Conspiracy-Rules-Money/dp/0446559806
⏰ Key Moments in this Episode ⏰
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00:00 Jimmy Vreeland - Real estate investor
02:00 Secrets the Wealthy Use To Print Money
03:15 "Throwing Darts at the MLS"
04:28 Newbies Survive the Great Recession
06:30 2 Huge Mistakes in Real Estate
08:40 The 4 Ways to Win in Real Estate
10:36 Forgetting You Own a House
12:27 CashFlow Tactics & Turn-Key Rentals
14:36 The VAULT & Velocity of Money
16:10 How Politicians Create Wealth
18:34 Interest Rates Doubled, Asset Prices Tripled?
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