MB 253: Don’t Follow Money, Make Money Follow You – With Keith Weinhold

<p>Yes, work ethic and taking action are key in becoming a successful real estate investor. But mindset is even more important. Before you can start working toward the life you want, you have to conquer middleclass thinking. You have to stop following the money and start making money follow YOU.</p> <p>Keith Weinhold is the real estate educator, entrepreneur and investor behind <a href="https://www.getricheducation.com/" target= "_blank" rel="noopener">Get Rich Education</a>, a platform designed to help people achieve financial freedom through real estate investing. An active member of the <em>Forbes</em> Real Estate Council, Keith is known for his expertise around buy-and-hold real estate, and he transacts 100-plus properties per year. Keith is also a bestselling author and host of the wildly popular <a href= "https://www.getricheducation.com/podcast/" target="_blank" rel= "noopener">Get Rich Education Podcast</a>, a show with more than 3M downloads in 188 countries.</p> <p>On this episode of Apartment Building Investing, Keith joins cohost Garrett Lynch and I to explain why mindset is crucial in becoming a successful real estate investor, describing how to overcome middleclass thinking and make other people’s money work for you. He weighs in on why delayed gratification is overrated, challenging us to cultivate an abundance mentality and start living the life we want right now. Listen in for Keith’s insight on the ‘shadow demand’ in the housing market and learn why inflation is a good thing for YOU as a multifamily investor.</p> <h3>Key Takeaways</h3> <p>Why mindset is crucial in becoming a successful real estate investor</p> <ul> <li>Don’t live below means but EXPAND means</li> <li>Make outsized decisions to live outsized life</li> </ul> <p>What inspired Keith to move to Alaska and invest in real estate</p> <ul> <li>Go after what you want or you’ll never have it</li> <li>Rather than following money, make money follow you</li> </ul> <p>Why so many people settle and never take action to invest</p> <ul> <li>Peer