17: Knowledge Is Not Power. This Is. f/ BiggerPockets Real Estate Podcast

#17: Thoughts are not enough. You must act. Recorded February 1st, 2015, in Anchorage, Alaska, Keith provides a motivational performance this week. This content has spurred his students from thought into action by purchasing their first-ever investment real estate. Listen to this week's show and learn: 01:20 You own your mind free and clear. There is no mortgage debt against your mind. 02:58 This common advice that you have heard must be specifically avoided it if you ever want to be successful. 07:50 How long should you get educated on real estate investing before you act? 09:48 Three specific real estate investing actions for you to take. 12:00 Mortgage "Pre-approval" vs. "Pre-qualification". The value of meeting with your mortgage lender, even if you think you can't get a loan. 16:07 Section 1031 Tax-Deferred Exchanges and "Cash-Out" Refinances can amplify your cash flow and leverage. 22:52 If Keith could start all over in real estate investing, these are the 3 things that he would most want to do differently. 25:30 This two minutes of content has inspired others to buy their first income real estate. Resources mentioned: www.Reefogc.com www.RichDadAdvisors.com www.BrianTracy.com REIA meetings www.NeighborWorks.org

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This episode was published on February 6, 2015.

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