Lectures and records from New York

Video and print from more than 700 lectures Chairman Bae has given since 2008. Most material is in Korean, with English summaries.

Talks on video

Watch on YouTube

Lecture notes

Booklet and notes

The real estate class booklet the chairman has distributed free of charge, notes from the Friday class, and an introduction to the Property Owner’s Club.

Read the 12-lecture course

The core lecture

Financial freedom in five points

The backbone of the lecture “How To Achieve Financial Freedom,” prepared for Hankuk University of Foreign Studies. All of the foundation’s real estate education starts here.

01
What financial freedom is
You are free when passive income covers living expenses: F.F = passive income ≥ living expense.
02
Where passive income comes from
Robert Kiyosaki’s cashflow quadrant. It comes from business and investment (B, I), not from labor (E, S).
03
Three formulas
Gross rent − operating expenses = NOI. NOI − debt service = cash flow. NOI ÷ purchase price = cap rate.
04
Why real estate
You control it, it does not go out of fashion, you can add value by building and changing use, you can expand with leverage (pyramiding), and there are tax advantages.
05
How to choose
Pay a premium for prime location. Do not buy without a creative vision for adding value. Write a business plan before you buy.

Newsletter and news

The 20 GLF newsletters from 2013 to 2014 record the purchase and renovation of the centers and print versions of lectures 1 to 6.

Read the newsletter Founder videos