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Your Questions: Housing Bubble, Inspections, Student Loans, Report Cards
Description
Before you buy a property, I discuss something crucial that you're probably missing.
Five of your listener questions are answered.
(The entire episode's lyrics are in the Show Notes below!)
1 - How should I reward my child for their good school report card?
2 - How reliable is a real estate income stream?
3 - Are we in a housing bubble?
4 - Should you pay off $200K in student loans or invest?
5 - Should I get an inspection for a new construction property?
"Packaged commodities investing" is a way to think of real estate.
You have a buying opportunity for income property in Florida, Alabama, Indiana, Maryland, Tennessee, Arkansas and more all at www.GREturnkey.com.
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Welcome to Get Rich Education. I'm your host, Keith Weinhold - answering your listener questions today. How do you reward your child for a good school Report Card? What about the long-term DURABILITY of a real estate income stream?
Are we in a Housing Bubble? What should I do - pay off student loan debt - or invest? Should I get a Home Inspection? And what's the one thing you should do before you buy ANY property that you're probably not doing?
All today - and more … on Get Rich Education.
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Welcome to GRE. I'm your host, Keith Weinhold. From Colombo, Sri Lanka to Columbia, South Carolina to Columbus, Ohio and across 188 nations worldwide.
This is Get Rich Education.
We're having my favorite guest on the show today. That guest is you! Because I'm here with your listener questions today!
The first one concerns a kid's school report card and then the rest are about real estate investing.
Rebecca from Los Angeles, California asks, Keith:
What reward should I give to my 11-year-old son, Mason, for having a good report card at school - all As and Bs? I love your show, keep up the great work.
Well, thanks, Rebecca. I love this question. Even though we're largely a real estate investing show, I think there can be so many lessons about life for your 11-year-old son, Mason here.
The reward you can give them for their good report card is cash. Tell Mason that he's getting $100 - or maybe it's $40. But in any case, let's just stick with the $100 example.
Divide it in half.
Tell him that he's getting $50 in cash.
And tell Mason that, as a bonus for later, another $50 is going to be inv