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b'Real estate investing is more than just property; it\'s a trifecta of strategy, mindset, and leverage.\\xa0\\n\\xa0\\nToday, Taylor interviews Keith Weinhold, host of the Get Rich Education Podcast, who navigates us through the labyrinth of property investing and the strategies to survive the escalating insurance rates in Florida. He unravels the three crucial aspects that stand before property: strategy, mindset, and leveraging equity. As we navigate through rising insurance rates in Florida and remote investing, be prepared to shatter conventional wisdom, embrace the maverick within, and take away life-altering advice for your journey to wealth creation.\\n\\xa0\\nTune into this episode to learn more about Keith\'s journey into real estate investing, strategies for dealing with insurance rates, tips for digging deeper into markets when buying from afar, and his best advice for achieving an extraordinary life!\\n\\xa0\\n[00:01 - 05:39] Opening Segment\\nProperties are only the fourth most important thing in real estate investing\\nThe three things that are more important than the property in real estate investing are: strategy, mindset, and leverage\\nKeith got his start in real estate with a fourplex and learned to use cash-out refinances and 1031 exchanges to grow his wealth\\nThe Get Rich Education podcast has been running since 2014 and is about to hit 5 million downloads\\n\\xa0\\n[05:40 - 15:03] Understanding Yourself and the Market\\nThe most important thing in real estate is understanding what you want it to do for you\\nThe second most important thing is the market that you purchase in\\nHaving a good team, especially a property manager, is vital for making investments passive\\nLook at properties once you have figured out what you want and the market\\nInvesting outside of your home market can be beneficial for getting residual income over time\\nLook for markets with advantageous landlord and tenant laws that tilt toward the landlord\\n\\xa0\\n[15:04 - 25:54] Dealing with Florida\'s Insurance Crisis: Digging Deeper into Economic Diversity and Property Management Teams\\nThe implications of insurance rates tripling in Florida in the past year\\nDigging deeper into a remote market can be done through online forums and talking to property managers\\nTenants are responsible for the first 250 of maintenance or repair per occurrence on an item\\nSingle-family homes attract better tenant quality than other property types\\nThird-party property inspections should be done before purchasing a property.\\n\\xa0\\n[25:55 - 34:48] Closing Segment\\nBest investment: buying a fourplex building and leveraging other people\'s money in three ways\\nWorst investment: holding Bitcoin with a third-party custodian\\nMost important lesson: to be a well-thought-out maverick\\n\\nQuotes:\\n\\xa0\\n"You want to abandon these old-fashioned notions of building a budget and paying down debt. That\'s just for normal people. We want to be over here and expand sort of a \'don\'t live below your means, grow your means mindset\' with the most proven way to build wealth ever real estate investing." - Keith Weinhold\\n\\xa0\\n"Entrepreneurs are only profitable when they help others. Do you have a mission that you\'re proud of serving? You\'re not doing real estate for altruism." - Keith Weinhold\\n\\nConnect with Keith!\\nPodcast: https://getricheducation.com/podcast/\\xa0\\n\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\\n\\xa0\\nTrack your rental property\'s finances with Stessa. Go to www.escapingwallstreet.com.\\n\\xa0\\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\\n\\xa0\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.'