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105: Texas Turnkey Real Estate Investing with Carl Dean

105: Texas Turnkey Real Estate Investing with Carl Dean

FromGet Rich Education


105: Texas Turnkey Real Estate Investing with Carl Dean

FromGet Rich Education

ratings:
Length:
49 minutes
Released:
Oct 14, 2016
Format:
Podcast episode

Description

#105: Texas is a job creation juggernaut. Companies are being lured to Texas at a staggering rate by a business-friendly environment, low labor costs, and tax incentives. Texas is where you have some of the fastest-growing, most economically stable markets in the nation. Your durable rent income comes from tenant jobs. Learn about how to get into this market with an award-winning turnkey real estate investment provider at GetRichEducation.com/Texas. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities. Listen to this week’s show and learn: 03:29  Turnkey real estate investing defined. 04:44  Win-wins. 05:16  Why turnkey RE is not too good to be true. 09:30  A “Tenant Inspection Report.” 11:34  Carl Dean interview begins. 13:39  Carl moved to Texas because that’s where the jobs and better properties are. 15:05  Is the Texas RE market overheating? 18:02  Medical, financial sectors. More than just oil. 20:19  Migration into Texas. 21:53  Property taxes. 24:03  Price sweet spot of $140K-$250K. Rent-to-value ratios. 25:15  Lease duration and 5% rent increases each year. 29:40  Plano and Frisco often have price points that exceed the cash flow “sweet spot.” Fort Worth and south Dallas areas are generally better. 32:18  3 Bed / 2 Bath single-family homes are the minimum size criterion. 35:07  Exit strategy. 37:58  A “cheap” property isn’t enough for an investor. 38:50  Placing the right tenant. Minimum $1,200 rent amount. 41:04  How does Carl find his inventory? 45:17  Cash flow in Texas vs. other markets.   Resources Mentioned: GetRichEducation.com/Texas Trulia.com CorporateDirect.com NoradaRealEstate.com RidgeLendingGroup.com GetRichEducation.com
Released:
Oct 14, 2016
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.