Learn how garages and parking areas add value to property. Find out how to earn more rent for your garage space.
Adding a garage to a rental doesn’t fetch much more rent income. But you will rent your place faster and tenants stay longer.
To get more rent for a detached garage, rent it to an off-site tenant.
The future of parking and garages is positioned to be shaken by autonomous cars. Fewer people will need to own or park cars.
Meet me in-person at the next New Orleans Investment Conference. It’s November 20th - 23rd, 2024. Register here.
Brien Lundin joins us. He is the host of the world’s longest-running investment conference, the New Orleans Investment Conference. He’s also editor of Gold Newsletter.
He & I discuss inflation, interest rates, real estate, and gold.
Gold is up 20%+ annually. This is because foreign nations, like China, are beginning to prefer to own gold rather than US debt.
There’s a case for interest rates to go higher, another case for them to go lower.
Brien tells us why he believes the gold price will keep rising.
Increasingly, asset values are positively correlated—real estate, stocks, gold, crypto, oil, and even collectibles.
Personally, though I don’t see evidence that gold builds wealth, history shows that it’s a good place to store wealth.
Meet me in-person at the next New Orleans Investment Conference. It’s November 20th - 23rd, 2024. Register here.
Resources mentioned:
Meet me in-person at the next New Orleans Investment Conference. It’s November 20th - 23rd, 2024.
Register here.
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Complete episode transcript:
Keith Weinhold (00:00:01) - Welcome to GRE! I'm your host, Keith Weinhold. Learn about garage real estate, how garages and parking add value to your property, and how to get more rent for the garage. Then we go from micro to macro. As we talk about the enduring value of a real asset that's minted, not printed, and another chance to meet me in person today and Get Rich Education.
Robert Syslo (00:00:27) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Weinhold, who writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener.
Robert Syslo (00:01:01) - Phone apps build wealth on the go with the get Rich education podcast. Sign up now for the get Rich education podcast or visit get Rich education.com.
Keith Weinhold (00:01:29) - Welcome to GRE! From Saint Augustine, Florida, to Saint Paul, Minnesota, and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get Rich education as we cover a component of property that's a little talked about, garages and we're a real estate investing sho