Real Wealth Show: Real Estate Investing Podcast

This special episode of the Real Wealth Show is the first in our new "Ask Kathy" series where Kathy is the guest on her own show, answering questions from listeners. Her husband, Rich Fettke, joins her in this debut as co-host for a lively conversation about how they got started in real estate, why they founded their company RealWealth, how the company helps investors, how it gets paid, and some thoughts on important decisions that investors need to make about what, where, and when to buy. Rich and Kathy have created real wealth for themselves and the company RealWealth to help others. Their purpose in educating people about real estate: "So they have the money and the freedom to live life on their own terms." We hope you enjoy this episode, and we hope to do more of these Q&A episodes in the future. If you have questions, we'd love to hear from you! Please send your questions to [email protected] Kathy and Rich co-founded the RealWealth company. They are active real estate investors, and licensed as Real Estate Broker (Rich) and Real Estate Agent (Kathy). Kathy's other podcast is "Real Estate News for Investors." She's also the co-host for the Bigger Pockets' new podcast, "On the Market." Kathy is the author of "Retire Rich with Rentals." Rich is the author of "The Wise Investor" and "Extreme Success." Join RealWealth at: https://tinyurl.com/joinrealwealth (it's Free!) Subscribe to the podcast on Apple Podcasts at: https://tinyurl.com/RWSsubscribe

With high interest rates pouring cold water on the housing market, many people are sitting on the sidelines waiting for a pause in the madness. However, seasoned investors are seeing things a bit differently. Many of them are looking at homebuyer hesitation as an opportunity to get deals without a lot of competition. In this episode, you'll hear from my partner on our single family rental fund to explain why we are diving into deals when others are backing off. Leah and her husband Michael started a Dallas-based realty 17 years ago and they now manage more than 1,500 properties for themselves and other investors. They are actively working to expand their multimillion dollar portfolio. In fact, they have put their plans into high gear and have bought more than 80 properties so far this year. Born and raised in Dallas, they knew the area was poised for growth when they were just teenagers. If you'd like to get in touch with Leah and find out more about our rental fund, please go to www.growdevelopments.com. You can create an account, declare your accreditation, and invest in our North Dallas Rental Fund at the website. You'll find more of our Real Wealth Show podcasts at realwealthshow.com. You can also join RealWealth for free by clicking on the Join for Free button at our website. And please don't forget to subscribe to our podcast and leave a review! Thank you!

As the Fed continues to raise interest rates to slow down a booming economy and unacceptably high inflation, there are a several questions on the minds of every real estate investor, including: 1 - Are we going into a recession? 2 - Will there be a housing crash? How far will home prices fall? 3 - Will there be more evictions and rent reductions? 4 - Will we see an uptick in foreclosure activity? 5 - Which markets will be more resilient? In this episode, our real estate guest expert will share some ideas on what he thinks will happen, and what investors need to know to be prepared. Rick Sharga has more than 20 years' experience in the real estate and mortgage industries and is currently the Executive Vice President of Market Intelligence for ATTOM Data Solutions which is a market-leading provider of real estate and property data. Rick has also served as Executive Vice President at RealtyTrac, as an EVP for Carrington Mortgage Holdings and Chief Marketing Officer of the company's Vylla business unit, and as the Chief Marketing Officer of Ten-X and Auction.com, the leading online real estate marketplace. He is one of the most frequently quoted experts on real estate, mortgage, and foreclosure trends by major media outlets. Join RealWealth here: https://tinyurl.com/joinrealwealth Subscribe to the podcast here (or on your preferred podcast player): https://tinyurl.com/RWSsubscribe For more information, and to listen to more episodes, go to: RealWealthShow.com For information on Syndications go to: GrowDevelopments.com

If long-term rentals aren't giving you enough cash flow, and short-term rentals seem like too much trouble, there IS a third option. By renting your property as a furnished home for 30-days or more, you can increase your cash flow, avoid local short-term regulations and occupancy tax, simplify your bookkeeping, and use your property as a guest home when it's not rented. It's a niche that seems to be growing in popularity and is known as medium-term rentals. In this episode, you'll hear from Zeona McIntyre who's been an Airbnb host since 2012, and is now pivoting into medium-term rentals. She co-authored a book on the topic called: "30 Day Stay. An investor's guide to Mastering the Medium-Term Rental" and is co-host of a podcast called: "Invest2fi." She is also a RealWealth investor and will share her experience in this interview! Zeona spends half the year in Boulder, Colorado and the other half traveling the world as an international pet and house sitter. You can find out more about Zeona at: https://www.zeonamcintyre.com/.

With real estate headlines forecasting a recession, many investors and potential buyers are sitting on the sidelines. This is creating an opportunity for seasoned investors to acquire better deals with less competition. In this episode, you'll hear from two rock star real estate investors, who are in rapid acquisition mode, after years of battling over scarce inventory. Find out what and where they are buying great deals that cash flow. Learn how this expert Ohio team can help you acquire and manage renovated rental properties by going to RealWealth.com, and clicking on the Invest button. Join RealWealth: https://tinyurl.com/joinrealwealth Subscribe to the Podcast: https://tinyurl.com/RWSsubscribe

Title insurance is something that many people don't pay attention to. It's required by lenders so it's automatically part of the home-buying process for people taking out home loans. But for people who pay in cash, like many investors, it's optional. And it's not something you want to forget or ignore because not having a clear title can mean big trouble down the road. In this episode, you'll hear from the self-proclaimed "Texas Title Queen" Rachel Luna. She's turned her business into what she might describe as a "boutique title experience" with a unique, vibrant personality to match. In fact, she is sort of a social media star with more than 13,000 followers on Instagram. And she claims to have the largest woman-owned title company in Texas. Rachel will elaborate on the title insurance process. She'll talk about why it's important to have title insurance, problems that might arise getting a clear title, the kind of claims she's been seeing, and more. She founded the Patriot Title Company as a young woman, and serves clients in Houston, Dallas, San Antonio, and El Paso. She now has more than 20 years of experience in real estate escrow and closing services. Join Real Wealth for free: https://tinyurl.com/joinrealwealth Subscribe to the podcast: https://tinyurl.com/RWSsubscribe Contact Rachel Luna: https://www.patriottitletx.com/ Rachel Luna Instagram: https://www.instagram.com/racheltexastitlequeen/

The Fed raised rates by another 75 basis points in September, bringing the overnight lending rate to a range of 3 to 3.25%. That's the highest it's been since 2008. In this episode, you'll hear how the impact these rates hikes are having on the economy and the housing market from John Burns of John Burns Real Estate consulting. John has offices all over the country advising its research subscribers and consulting clients on changes in housing supply, demand, and affordability, as well as consumer, building products and design trends. His firm has developed a number of proprietary tools, including risk and valuation indices, something called the DesignLens™ and the New Home Trends Institute. The firm even trademarked the term surban™ after the release of a best-selling book on demographics called "Big Shifts Ahead: Demographic Clarity for Businesses." John has a Bachelors in Economics from Stanford University and an MBA from UCLA, and works in his Irvine, California office. He has served on numerous industry boards and more than 750,000 people follow him on LinkedIn. Another 23,000 people subscribe to his free weekly emails. Please visit our Learning Center at realwealthshow.com if you'd like to learn more about the housing market and real estate investing. You'll find hundreds of articles, webinars, and podcasts to answer your questions, and help you get started. Click on the "Join for Free" button at the top of our website for full access to all of our market data and resources. And please remember to subscribe to our podcast and leave a review! Thanks for listening. I'm Kathy Fettke and this is The Real Wealth Show.

Buying an apartment building might seem a little intimidating to mom & pop investors, but it doesn't have to be. Like anything, you need to study the topic before you dive in. And that can be done in different ways, including the use of a mentor to teach you the ropes. In today's episode, you'll hear from Brad Sumrok who ditched his job, found a mentor, and started investing in multi-family apartment complexes about 20 years ago. He began with a 32-unit building in 2002 and by 2005, he had enough money from rental income to replace his 9-to-5 job and "retire." Today, Brad and his wife Jen earn 7-figures combined from their real estate holdings and their real estate coaching business. They now have plenty of time to spend doing the things they love which include family, friends, and travel. They are also passionate about donating to charities, and have a goal to contribute $1 million to good causes. You can get in touch with Brad at bradsumrok.com. You may also want to check out his events page. On September 30 through October 2 of this year, he's holding a conference on multi-family investing in Dallas. I will be one of the speakers at that event. You can find out more and sign up for the event at Brad's website or go directly to https://www.aimnatcon.com.

How do you transition out of professional football into another wealth-building career? Dean Rogers lived the dream of a pro athlete with a big paycheck, so starting over was not easy. But once he started learning about real estate, he tackled the subject like a pro-football player, and three months later, he did his first deal. That was nine years ago. In this episode, you'll hear how he launched his real estate career, the kind of deals he's done, and some of the mistakes he's made along the way. Dean began his professional life in the NFL with the San Diego Chargers. He backed away from pro-football in 2013, when he realized his health was at risk He transitioned into a 9-to-5 job, but quickly shifted gears into real estate. Since then, he's flipped hundreds of homes, and built a 10-figure real estate portfolio. He's passionate about real estate and loves sharing what he's learned with other new investors. You can connect with him at www.deanrogers.com. Please visit our Learning Center if you'd like to turn your career into a real estate success story. You'll find hundreds of articles, webinars, and podcasts to answer your questions, and help you get started. Click on the "Join for Free" button at the top of our website for full access to all of our market data and resources. And please remember to subscribe to our podcast and leave a review! Thanks for listening. I'm Kathy Fettke and this is The Real Wealth Show.

When you buy a property insurance policy, do you know what's covered and what's excluded? Many of us read the declarations page, but it's the contract that has all the details. And it's those details that could surprise us when we are suddenly faced with a crisis, and are expecting our insurance to cover the costs. In this episode, you'll hear from a public insurance adjuster who says that most property owners have "no" idea what's in their insurance package because they've never read any of it. In fact, he says many don't even have a copy of their contract. During this interview, he offers insights into the claims process and tips on what you should and should not do or say. That includes why you might want to use a public adjuster as a "go-between" between you and the insurance company. Andy Gurczak is the founder of public adjusting company, AllCity Adjusting. It is based in Chicago, Illinois, but operates in several other states including Indiana, Pennsylvania, Texas, California, Ohio, Michigan, and Colorado. AllCity says that it helps property owners by making sure they have the insurance they need before something happens, and that any claims are settled effectively and efficiently at 100% of the claim value. As his website states: "The insurance companies are not your friends." This is an important topic for both homeowners and investors who want to protect their assets against unexpected incidents and damage. It's one of many things that real estate investors should be aware of. If you're a new or experienced investor, you'll find more educational material like this at our website (RealWealthShow.com). Please hit the "join for free" button at the top of the page for complete access to our data. And please subscribe to our podcast and leave a review to help us rank on the podcast platforms! Thank you!

In this episode you'll hear about an amazing journey by someone who wanted to create a more meaningful lifestyle. It began more than 20 years ago, when Jamie Bianchini quit his corporate job, and decided to ride around the world on a bicycle. But it wasn't any kind of bicycle. It was a tandem bicycle that he shared with the strangers he met along the way. It was an epic 81 country intercultural expedition that he called "Peace Peddlers." Jamie is now helping businesses "give back" to society with a company he calls Purpose in Expenses. Jamie tested his fund-raising strategy during the pandemic, using our company, RealWealth, as a pilot. He has now partnered with hundreds of vendors and says he has the infrastructure network in place to scale his model worldwide. He hopes to unlock millions of dollars of available capital for nonprofit work and put that money to work solving some of our most difficult social and environmental challenges. Please join RealWealth for full access to our data on real estate markets and investor resources. It's free to join. Also, please subscribe to our podcast and leave us a review! Thank you!

Wealth is not created by trading time for money. It's also not created by simply putting your money to work. In this episode, you'll hear about a third option – the use of other people's money or OPM to buy income-producing real estate in recession-resilient markets. Our guest, Keith Weinhold, has an investing mantra. He asks himself and others: "What's your return on time?" He says one doesn't simply want more income. The ultimate goal is to live a great life as the outcome. Keith began investing in Anchorage, Alaska, with a four-plex. He lived in one unit and rented the other three. That was 20 years ago! Since then, he has owned income-producing real estate in the United States and Latin America as a buy-and-hold investor. His asset classes include Class C multi-family apartments, Class B single-family rentals, and agricultural parcels. Please join RealWealth for full access to our data and resources. It's free to join. Also, please subscribe to our podcast and leave us a review! Thank you!

When you sell an investment property, you are usually faced with a big capital gains tax bill, if you've held the property for more than a year. For properties held for less than a year, you'll owe ordinary income tax on your gains. Either way, it can be a big tax bill, but there is a way to push that tax bill down the road, and possibly eliminate it altogether with a 1031 Exchange. As you may know, the 1031 Exchange is a wonderful tax break tool that allows you to sell your investment property and buy a replacement property of equal value or more with the same amount of debt on it or more. By doing that, you can postpone the tax you might owe. Under current laws, if you hold it until you die and pass the property on to your heirs, the value of the property will be stepped up to the current market value, and your heirs will owe nothing on your former tax bill In this episode, you'll hear from long-time 1031 exchange facilitator, Dino Champagne. She's the Vice President and Division Manager of the Los Angeles office of Asset Preservation, Inc. and has more than 20 years of experience doing more than 15,000 exchanges nationwide. She will explain the three most important rules for a 1031 exchange along with all sorts of other issues that you might encounter and what you can do to deal with them. If you'd like to get in touch with Dino, click here for her bio and contact information at the Asset Preservation, Inc. website. You'll also find her listed on our website under 1031 Exchange Facilitators. Please join RealWealth for full access to our data and resources. It's free to join. Also, please subscribe to our podcast and leave us a review! Thank you!

There are three important metrics to consider when you make a decision to buy investment property - job growth, population growth, and affordability. And with more than 400 metros across the U.S., you have lots to choose from but those metrics will vary greatly from metro to metro so it's important to consider them carefully. In today's episode, you'll hear from an experienced investor who talks about those metrics in general, and also specifically for the market that she focuses on, in North Texas. She'll talk about why the Dallas/Fort Worth area is a strong market for investors right now, how she makes the numbers work, what she looks for in property management, and how she funds her deals. Leah was born and raised in Dallas, and has been a licensed real estate agent/realtor since 2006. She owns a full-service real estate investment and property management company, and has worked with RealWealth for years helping members find rental properties. She and her husband personally own about $35 million in real estate. You can get in touch with Leah by joining RealWealth at realwealthshow.com, and logging in to the investor portal. You can also hear more about the Dallas market in a recent webinar with Leah which you'll find under the Learn tab. Please remember to subscribe to our podcast and leave us a review! Thank you!

They created a very simple five-year plan that focused on industrial real estate, and some family planning. It went something like this: "property, baby, property, property, baby". And it worked! They were able to ditch their jobs as UCLA professors, and have enough money and time to enjoy their growing family. In this episode, Kim Hopkins joins Kathy Fettke for an animated conversation about a life-changing decision to get into real estate after spending years earning a PhD. But there are no regrets. Kim and her husband, Ben, have now met their five-year goal for "properties and babies" and are working on a plan for the next five years. You'll hear about what they've done with real estate, the kind of lifestyle they've created for themselves, and how they are trying to figure out what comes next. You'll be inspired by Kim's exuberant personality, and how she has learned to elevate her lifestyle by delegating to other people what she herself would prefer not to do. Kim co-founded an investment company in 2014 called Iron Peak Properties. Kim is in charge of strategic planning and asset acquisitions. Just four year before, she had earned her PhD in Mathematics at the University of Texas in Austin. Although she quit her professorship, she makes use of her math skills for algorithmic number theory and analysis at her company. Iron Peak owns and manages more than 350,000 square feet of real estate in Oregon, Washington, Utah, Texas and Arizona and focuses on multi-tenant industrial properties. A big part of any investment plan is deciding what kind of real estate you want to buy. At RealWealth, we focus on single-family rentals, both rent-ready and build-for-rent. You can find out more about how we can help you by joining RealWealth for free. Qualified members can also speak with our investment counselors. The consultation is free and without obligation. Please remember to subscribe to our podcast and leave us a review! Thank you!

It's amazing what one person can accomplish in real estate with the right opportunities, knowledge and funding. But there are also a lot of rules to follow, and mistakes can have serious consequences. In the case of a real estate syndicator in charge of other people's money, a mistake can land you in jail. That's what happened to the guest in this episode. Mike Morawski is a multi-family syndicator who had a thriving business before the market crashed in 2008. The market turned and he was trying to save his business, but he didn't let his investors know what he was doing. He ended up going to prison for his lack of transparency. It was a rough lesson, but he spent his time wisely in prison, educating himself, and sharing what he learned with others. He has an amazing story of personal resilience, and a deep desire to help other people live extraordinary lives… and stay out of jail. Mike is an entrepreneur, author, real estate trainer, public speaker and personal coach. He has 30 years of real estate investing experience with more than $285,000,000 in transactions. He created the coaching platform My Core Intentions to help train and coach new multi-family investors. He's also the host of the "Insider Secrets" podcast and the author of "Exit Plan: Your Complete Guide to Multi-Family Investing and Why You Need an Exit Plan Before You Buy!" Here at RealWealth, transparency is one of our Core Values. It's something we review each quarter with our employees, and something we go to great lengths to provide to our investors. We do syndicated deals with more of a focus on single-family rentals. We also help investors find individual single-family rental properties. New and experienced investors are welcome. Please join RealWealth. It's free and will give you access to our investor portal and our network of real estate professionals, including our investment counselors. Qualified members can speak with them for free. There's no obligation. Also, please remember to subscribe to our podcast and leave a review! Thank you!

We love to hear inspiring real wealth stories and we've got one from a woman who immigrated from India at the age of 21. She became a respected environmental engineer but ditched that job for a career in real estate. She is now helping clients find properties and buying real estate for her own portfolio. In this episode, you'll hear how her engineering background helped build her business as an agent, and also helped her with her own due diligence. Ranjani Ravi is the owner of Ranjani Ravi Realty in Seattle. She has helped more than 250 clients buy more than $200 million worth of real estate in the Seattle area. Previously, she worked as an Environmental Engineer at the EPA, and for other consulting firms. As part of her effort to educate her clients, she likes to make videos about real estate called "Sip and Learn." You'll find them on YouTube. Ranjani says she learned a lot about investing from our team at RealWealth. We have hundreds of free webinars, articles, podcasts, and other resources on our website. If you join, you also get access to our investor portal and our network of real estate professionals, including our investment counselors. Members can speak with them for free. There's no obligation. Also, please remember to subscribe to our podcast and leave a review! Thank you!

Mortgage rates did a big turn-around over the last two weeks. The 30-year fixed-rate mortgage dropped a half a percentage point to an average of 5.3%. That's not as low as it was this time last year, but the two-week difference in rates is saving homebuyers about $100 dollars in monthly mortgage payments. Will these lower rates last? In today's episode, you'll hear from Lending Tree's Senior Economic Analyst, Jacob Channel. He conducts studies on a wide variety of topics related to the U.S housing market and provides general macroeconomic analysis. He earned a BA and an MA in Economics from The New School for Social Research in New York City and joined Lending Tree in 2019. His work has been featured in major publications including the New York Times, Bloomberg, Forbes, and CNBC. He has also appeared as a guest on Cheddar TV and Yahoo Finance. If you'd like to learn more about how investors are dealing with higher rates, you'll find a recent webinar on our website called "How to Use Leverage Effectively in Today's Rising Interest Rate Market." Just go to the Learn tab at the top of the page for our webinar section, or click here. If you haven't signed up yet as a member, it's free to join. You'll get access to the Investor Portal where you'll find details about single-family rental markets across the country. You'll also get access to our network of experienced investment counselors, property teams, lenders, attorneys, CPAs, 1031 exchange facilitators, and other real estate professionals. And please remember to subscribe to our podcast and leave a review! Thank you!

With home prices and interest rates up dramatically over the last year, does it still make sense to buy rental property? Should you invest in a rental when there's very little cash flow, or even no cash flow at all? Maybe you should wait until home prices come back down a little, to help boost your numbers. Will that happen? Will prices come down? A lot of people think they will but the guest in this episode thinks the opposite will happen. Jimmy Vreeland is not an economist. He's an investor who believes: "You don't wait to buy real estate. You buy real estate, and wait." He'll explain what that means. Jimmy is a graduate of the U.S. Military Academy at West Point and has served in Iraq and Afghanistan. He's the founder of Vreeland Capital in St. Louis, an investor who's owned more than 100 rental properties in the last decade, and the co-host of the "Cashflow Tactics" podcast. He got his start while he was still in the military, and is still investing today. What should "you" do after listening to this podcast? If you haven't already, please join our RealWealth network at realwealthshow.com. There are investing opportunities in markets across the country, but it's not always easy to find them. You get the help you need at RealWealth. It's free to sign up and get access to our network of professionals including our experienced investment counselors who can answer your questions. And please remember to subscribe to our podcast and leave a review! Thank you for listening!

When it comes to real estate investing, there are five basic categories – residential, commercial, industrial, raw land, and special use. You can break those categories down into sub-categories. A few of the more common ones are single-family rentals, apartment buildings, retail properties, and office space but there are many more. In this episode, you'll hear from serial investor, Kevin Bupp, who's become an expert on mobile home parks and parking lots. With over $250 million in real estate transactions, his experience also includes single-family rentals, apartment buildings, office buildings, self storage, and build-to-rent homes. He's the host of a podcast called "Real Estate Investing for Cash Flow" and recently published a book called "The Cash Flow Investor." My hubby Rich Fettke also just published a book that you might want to check out. It's called "The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life." It's an easy-to-read story about a family man who's tired of living paycheck-to-paycheck. He decides to learn more about real estate with the help of a mentor, and eventually becomes wealthy in more ways than one. The kindle book is for sale now on Amazon. The hard cover and audio versions can be pre-ordered. You can also read more about the book here (at realwealth.com/grow). And please remember to subscribe to our podcast and leave a review! Thank you! For a free copy of Kevin's latest book, go to: www.KevinBupp.com/freebook

There are 10-million second homes in the US, yet, on average, they're only occupied 8 weeks a year. That's 440 million weeks that vacation homes sit unoccupied, unused, and unloved. But there's a new tech-driven co-ownership option that matches your vacation time with the cost to own that home. And it's nothing like a timeshare or tenants in common. In this episode, you'll hear from Jeff Lyman about co-ownership vacation homes as the Chief Experience Officer and Co-Founder of Ember Homes. He explains how you can own a fractional portion of a home and still reap the benefits of homeownership. That includes lower costs to maintain the home, easy transactions to buy or sell into the deal, and the capture of appreciation when it does come time to sell. Prior to Ember, Jeff worked as Chief Product Officer at Weave Communications, CPO & Chief Marketing Officer at Vivint Smart Home, and Senior Director for Mobile and Web Design at Nike+. He has an MBA from the University of Oregon. Ember Homes makes the ownership of vacation homes simple. But is it right for you? Is it something that improves your finances while also contributing to your personal growth? Having a personal vacation retreat might get you to your happy place, but If you're unsure about your next steps in real estate, you might want to check out Rich Fettke's new book, "The Wise Investor." It's an easy-to-read modern parable about creating financial freedom and living your best life. And it could help you decide if a co-owned vacation home is your best next step. The kindle book is for sale on Amazon. The hard cover and audio versions are coming out in August but you can pre-order them now. You can also read more about the book here. And please remember to subscribe to our podcast and leave a review! Thank you!

As real estate prices continue to climb, you may be wondering whether it's still a good place to put your money. Are we teetering at the top of the market or Is there further to climb? What about inflation, the inverted yield curve on bond yields, and numerous predictions for a recession next year? What do all these factors tell us about real estate? In this episode, we'll hear from someone who's feeling bullish about real estate in the current environment. And, he feels that 2022 might be one of the best years ever to invest. Our guest, Hunter Thompson, is the founder of Asym Capital. He has helped hundreds of investors acquire more than $150,000,000 in assets like mobile home parks, self-storage, retail, office, ATM machines, and cryptocurrency. He's also the author of Raising Capital for Real Estate, and the host of the Cash Flow Connections Real Estate Podcast. Single-family rentals are a great asset class for real estate investors. You can learn more about that at realwealthshow.com. Please take a moment to sign up. It's free to join and get access to our network of 62,000 members and real estate resources. As a member, you can visit the Investor Portal where you'll find sample properties. You can also easily connect with experienced investment counselor, property teams, lenders, and more. That's at realwealthshow.com. And please remember to subscribe to our podcast and leave a review! Thank you!

It's not easy watching mortgage rates move higher when you're in the market for a loan, but the rates we're seeing right now are still low compared to what they've been historically. And you can't beat real estate when it comes to building wealth for your retirement. In this episode, you'll hear from real estate investor and mortgage lender Richard Advani on the lending environment for investors, including life after 10 loans, getting a loan if you are retired or self-employed, where interest rates are going from here, and how to make money despite higher costs and lower ROI's. Richard is based out of Southern California and has worked in the mortgage industry for more than 16 years. He's spent most of that time working with real estate investors including RealWealth members. He offers more insights in a recent RealWealth webinar. You'll find this webinar under the Learn tab on our website. As an investor, he has more than 20 properties in markets across the country. When he's not making loans or monitoring his own properties, he's competing in the 2022 Formula Drift Championship at locations around the country as a professional race car driver. If you're not yet a member of RealWealth, please take a moment to sign up at realwealthshow.com. RealWealth helps educate people on the creation of passive income with single-family rentals in desirable markets around the country. It's free to join and get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

"That was their dream back then – going places. Traveling the world. Now, twelve years later, he was forced to admit that they hadn't gone anywhere." - excerpt from "The Wise Investor" If you've longed to improve yourself, to reach greater heights, to have more freedom and more money to pay for it all, this book is for you. "The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life" by Rich Fettke is an inspiring parable about building what author Rich calls Real Wealth. It tells the story of Ryan Brooks, a husband, father, and hard-working employee who, with the help of a new friend and mentor, finds a different path to financial security for himself and his family and becomes wealthy in more ways than he thought possible. In this episode, Rich joins his wife, Kathy on The Real Wealth Show, to talk about his new book -- why he wrote it, what it might teach you, why it's so powerful yet so much fun to read, and what it could potentially do to change your life. Rich oversees the business development at RealWealth. He is passionate about developing the RealWealth team and systems, and is always looking for new ways to bring good people into the RealWealth family. As a licensed real estate broker, experienced investor and Master Certified Business Coach, Rich specializes in helping the team stay aligned and inspired to fulfill the company's purpose, mission and values. Twenty years ago, he wrote "Extreme Success." His latest inspiration is a new book and the topic of this episode: "The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life." The kindle book is available now at Amazon. The hard cover and audio versions can be pre-ordered and will be available in late August. If you're not yet a member of RealWealth, please take a moment to sign up at realwealthshow.com. RealWealth helps educate people on the creation of passive income with single-family rentals in desirable markets around the country. It's free to join and get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you! TRANSCRIPT Kathy Fettke: I'm very excited to interview today's guest on The Real Wealth Show. He is a best-selling author with a new book called "The Wise Investor." And this has come out almost 20 years since his last bestseller called "Extreme Success." I actually know a lot about this book already because the author is my husband Rich Fettke. Rich, welcome back to The Real Wealth Show. Rich Fettke: Thank you, Kathy Fettke. Good to be here. K: A lot of our listeners know who you are, but we have lots of new listeners. So I'm just going to give a little bio on you. You're a master certified coach from the Coach Training Institute. He has coached people in business and in their personal life for years. He has coached us at RealWealth. He has been our Co-CEO and now CEO of RealWealth and I get to just be a Founder, which is awesome. Thank you for taking all those details off my plate, Rich! And, now he's published a new book called "The Wise Investor." So let's talk about that. First of all, why did it take so long? It's been 20 years since your last book. R: Yeah, well, we've been running RealWealth over the last 20 years. 20 years ago, when "Extreme Success" came out, I was touring all over the country and doing morning news shows and radio interviews and books, bookstore signing events, when they used to have bookstores way back then. But then I was diagnosed with melanoma and told I had six months to live, as many of your listeners probably are aware of. That was the impetus for you to say: "I have to find a way to make ends meet if Rich dies so I will learn about real estate investing." And that led to RealWealth being created. So over the last 20 years, we've been really focused on running RealWealth and growing it and building it and helping members acquire investment properties and educating members. So, it's been my coach kind of knocking on my head saying: "When is your next book gonna come out?" It wasn't until about four years ago when we started to apply story branding to RealWealth. It comes from Don Miller who wrote a book called "Building a Story Brand." It's all about seeing the customer as the hero of the story and you, the business, being just the guide. So I really got into this whole thing about the hero's journey and Joseph Campbell and storytelling. I just thought it was fascinating. And so one day I mentioned that to my coach Kenji, and I just said: "You know, If I was going to write another book, I'd probably want to write some type of story and follow the hero's journey. That was the spark, and then I got obsessed with it. It's like, oh man, I could tell, I could tell a parable with

One of the big benefits of buy-and-hold real estate investing is the protection you can get from insurance policies. But, most of us have no idea how to interpret the documents to truly understand what's covered, and to be sure we've got all the coverage we need. And the last thing any investor wants to hear is that he or she is NOT covered for a particular situation when they go to file a claim. In this episode, you'll hear from the president of realprotect, Lee Rogers, and realprotect agent Taylor Stowe. They've been providing RealWealth members with the insurance they need for their investment properties, and will explain some important points about insurance in this interview. They also go into more depth in a recent webinar which you can access at realwealthshow.com. You'll find this webinar (and more!) under the Learn tab. If you're not yet a member of RealWealth, please take a moment to sign up at realwealthshow.com. RealWealth helps educate people on the creation of passive income with single-family rentals in desirable markets around the country. It's free to join and get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

There's been a lot of talk about potential tax changes under the Biden administration. They haven't happened yet and it's possible they won't happen until after the midterm elections, but it's good to know about these proposals ahead of time. As they old saying goes: "Being forewarned is being forearmed." So we have invited a guest onto the Real Wealth Show to talk about the status of tax change proposals including those that seem to have disappeared and those that are still on the table. She also gives her expert opinion on the two best reasons to invest in real estate, from a tax perspective. Our guest is real estate investor and tax strategist Amanda Han of Keystone CPA. Her goal is to help clients supercharge their wealth-building process with money-saving tax strategies. She co-authored a top selling book with her husband, Matt MacFarland, called "Tax Strategies for the Savvy Real Estate Investor." The husband and wife duo have also been featured guests by prominent media outlets that include Money Magazine, Talks at Google, CNBC's Smart Money Talk Radio, and the BiggerPockets podcasts. If you'd like to learn more about get those wealth-building assets in place, go to realwealthshow.com and sign up for free. As a member, you'll get access to the Investor Portal where you can learn about single-family rentals and other investment opportunities in strong housing markets around the country. You'll also have access to our network of resources, including investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and much more. And please remember to subscribe to our podcast and leave a review! Thank you!

Real estate investors are pivoting once again to keep up with changing market dynamics. There's so much to consider when evaluating opportunities including inflation, interest rates, energy prices, housing prices, the kind of properties you should be buying, and how you can make a profit in a difficult economic environment. It's not as easy as it has been, but there is a formula for success, and you'll hear about it in this episode. Our guest is the National Director of Research at Marcus & Millichap, John Chang. He leads a team of real estate research professionals and is responsible for the production of the firm's vast array of commercial real estate publications, tools and services. Under his leadership, Marcus & Millichap has become a leading source of market analysis, insight and forecasting, and the firm's research is regularly quoted throughout the industry and in mainstream business media. Owning single-family rentals is one way you can build wealth in the real estate world. You can find out more about that at realwealthshow.com. Just sign up, for free. As a member, you'll get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

The Fed is considering an aggressive rate-hiking plan to keep consumer prices from skyrocketing higher. Some economists feel the Fed's plan could backfire and do serious harm to the economy, possibly triggering a recession. Should we be concerned now about a worst case scenario? If so, what does this all mean for investors and how do we prepare? In this episode, we'll hear from a guest with a long history as a financial market writer and editor. Gary Alexander has been Senior Writer at Navellier since 2009. He helped the company's namesake, analyst Louis Navellier, in launching Navellier's Blue Chip Growth and Global Growth newsletters and currently edits Navellier's weekly Marketmail and writes a weekly Growth Mail column. Before that he spent 20 years as the Senior Executive Editor at InvestorPlace Media where he worked with several top analysts including Navellier. He's also worked as an editor at other financial publications including Wealth Magazine and Gold Newsletter, and he's authored various investment research reports. He earned the nickname "The Elder Statsman" when he was 25 years old because he kept pointing out how numbers were being misused in news reports to his newsroom boss. He says the word "elder" was a play on his youth but he's truly "elder" now! Let's call him a "wise elder"! If you'd like to "up your game" in the investment world and learn how to create passive income with single-family rentals, go to realwealthshow.com and sign up for free. As a member, you'll get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

How do you scale a multifamily business, build a rockstar team, and then empower other women to live a financially free lifestyle while living a balanced life of your own? Our guest today had a vision at a young age to live a big life. And she offered some great tips in this interview that I can't wait to share with you. After 19 years of interviewing people, you'd think I'd heard it all! Liz Faircloth co-founded the DeRosa Group in 2005 with her husband, Matt. The DeRosa Group, based in Trenton, NJ, is an owner of commercial and residential property with a mission to "transform lives through real estate." She's also the co-founder of The Real Estate InvestHER® community, a platform to empower women to live a financially free and balanced life on their own terms. She does this with more than 50 Meetups across the US and Canada and an on-line community and membership that offers accountability and mentorship for women to take their business to the next level! In addition to some great tips, you'll hear about a conference that she's organized called "InvestHer Con." It's happening on June 23rd and 24th in Charlotte, North Carolina. You can find out more about that at www.therealestateinvesther.com. If you'd like to learn more about how to create your own real estate portfolio with single-family rentals, click on the "Learn" tab at realwealthshow.com. You can also become a member, for free, and get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

It's okay to earn millions of dollars in the United States and many other parts of the world, but there are also places where that's not possible, or hasn't been in the past, like the former communist Romania. Our next guest defected from Romania with her family when she was 10 years old, and wound up in Canada. Juliana Uto's parents left everything behind to give their daughters a better life in the free world. And Juliana put that effort to good use. She has become a multi-millionaire by the age of thirty, and is now job optional. She says this is a time of unprecedented opportunity to generate a quantum leap in your finances, and she's teaching other women how to do what she has done. Juliana is accomplishing that with an elite mastermind group called "Wealth Bravery". It's an invitation-only community to help women build wealth in a safe, supportive and confidential place. If you'd like to know more about the group, write to [email protected] with "Access Wealth Bravery" in the subject line. If you'd like to learn more about building wealth with single-family rentals, go to realwealthshow.com and sign up for free. As a member, you'll get access to the Investor Portal where you can learn about investment opportunities in strong rental markets around the country. You'll also have access to our network of resources, including investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and much more. And please remember to subscribe to our podcast and leave a review! Thank you!

Having the right focus and determination is often behind great success stories, and that's certainly the case for the guest in this episode. Abbas Mohammed spent his childhood in Iraq sleeping on concrete floors because his family was so poor. When his family came to the U.S., his goal was to eliminate poverty from his life and he's now become wildly successful at age 24. His story is sure to inspire anyone sitting on the fence about making their financial dreams come true. Abbas started off as a used-car salesman while he was going to college. He didn't like the job, and decided to try his hand at selling real estate. It's now taken just a few short years for him to become one of the top real estate agents in the country and to start investing in large multi-family properties. He founded The Abbas Group as a crowdfunding platform to raise money for larger deals, and says his company completed 37 million dollars of acquisitions in 2021. In five years, he hopes to hit the one billion dollar mark. He's got an amazing story, an amazing amount of energy and lots of great advice. The path to real estate success goes in many directions. If you'd like to learn more about how to build a portfolio of single-family rentals, go to realwealthshow.com. It's free to join, and visit our Investor Portal where you can see sample properties and connect with our network of real estate professionals. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

Kathy and Rich Fettke take a break from skiing in Park City, Utah, to talk about the risks and rewards of ground-up development projects, including a RealWealth project in Park City. In this episode, Rich interviews Kathy on what investors need to know about these kinds of projects. That includes specific risks that investors need to control or avoid and how profitable these projects can be if you choose well. You'll also find out more about the RealWealth development and why it could be a good choice for investors as well as a dream-come-true for skiers. (Spoiler Alert: Kathy & Rich LOVE to ski. They just bought one of the townhomes for themselves and a single-family lot.) You can find out more about our project at realwealthshow.com. You need to join to see the details, but it's free to become a member and talk to one of our investment counselors. You can also contact Kathy directly about the Park City project at [email protected]. And please remember to subscribe to our podcast and leave a review! Thank you!

The build-to-rent trend is hot right now, but construction costs are creating major headaches for developers. They are having a difficult time getting materials, of all kinds, from key components of a home, like lumber, to small but necessary pieces like metal truss connectors. The shortages are pushing prices higher, and causing delays in finishing projects, all of which are adding thousands of dollars onto the price of an investment property. But there is a silver lining, and you'll hear about that in this episode from a build-to-rent developer and property manager in the Jacksonville, Florida, area. Our guest shares his side of the build-to-rent story to help investors understand why it's been so difficult to get new rental homes on the market, how he's dealing with supply chain issues and a volatile pricing environment, and how he expects the pricing issues to play out. Chris moved to Florida in 1999 for college and graduated with a business management degree. He launched his career with a dry cleaning business but transitioned into residential real estate rentals after the 2008 recession. Chris and his father bought distressed single family homes that they renovated and turned into rentals. They also provided property management. When the supply of existing homes grew scarce, they transitioned the business into a build-to-rent model. If you'd like to learn more about how to buy newly-built single-family rental properties in Florida, go to realwealthshow.com and sign up for free. As a member, you'll get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

There is a lot of uncertainty in the financial markets right now. We've had more than two years of COVID-19 and now there are worries about inflation, rate hikes, housing costs, supply chain issues, a labor shortage, and a war in Ukraine. How can investors make good financial decisions when they don't know where our economy is headed? In this episode, you'll hear from Mike Fratantoni of the Mortgage Bankers Association to help us understand what we may be facing in 2022. As the MBA's Chief Economist and Senior Vice President of Research and Industry Technology, he's responsible for overseeing the MBA's industry and benchmarking surveys, economic and mortgage origination forecasts, and policy development research for both the single-family and commercial/multifamily markets. He has also worked as a senior economist and risk management expert at Washington Mutual and Fannie Mae. If you'd like to learn more about the real estate business and how you can buy cash flowing rentals, go to realwealthshow.com and sign up for free. As a member, you'll get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

We spend a lot of time talking about how to build wealth, but protecting it is just as important! In this episode, you'll get some great tips from asset protection attorney, Clint Coons. He returns to The Real Wealth Show to give us an update on what kind of lawsuits he's seeing and how we can protect ourselves. He also talks about changes in tax law that could affect your real estate portfolio. Clint is a great story-teller and shares several examples of what can go wrong between landlords and tenants, and how to prevent those kinds of events from happening. The interview expands on the basics of asset protection that we just covered in a webinar. You can listen to a replay of that webinar for free on our website at realwealthshow.com. You can also find out more about cash-flowing rentals at realwealthshow.com. Membership is free, and will give you access to educational materials and the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you! Background on Clint: He is one of the founding law partners at Anderson Business Advisors. The firm helps clients protect their assets with solid entity structuring plans and investor-oriented tax services. He's also an experienced real estate investor who grew up in a real estate family and has acquired more than 200 properties, from small single-family homes to commercial buildings. So, he speaks as both an attorney and an investor. He's also a prolific writer and educator who has published hundreds of articles, videos, and workbooks on real estate investing and asset protection. His most recent book is called: "Asset Protection for Real Estate Investors."

Many people dream of retiring at an early age to spend time pursuing other activities or projects. Creating passive income with real estate can make that happen, but you also need to know how much money you'll need to pay for it all. In this episode, you'll hear from an investor with some great advice for people who want to streamline their plans, and make it easier to reach their goals. Kathy Gottberg talks about rightsizing (as opposed to downsizing) your lifestyle and your financial plan so you can do the things you want. Kathy and her husband Thom got rid of the oversized home, the extra cars, and put the money they saved into real estate investments, for decades. The payoff? They have enough passive income to pay for their travels and other pursuits. For Kathy, that includes writing. She doesn't need the income but she loves doing it. She's a long-time blogger with a website called www.SMARTLiving365.com. SMART stands for her five topics: Sustainable, Meaningful, Aware, Rightsized, and Thankful. She's also the author of seven books including one called: "Rightsizing--A SMART Living 365 guide to Reinventing Retirement." You can learn how to create your own cash-flowing real estate portfolio at realwealthshow.com. Sign up for free and get access to our learning center. You will also have access to our Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

It's not every day that we have a professional football player on our show to talk about real estate investing. But today, you'll hear from linebacker, Devon Kennard, on financial literacy and how he's creating long-term wealth with real estate. You don't have to be a football player to do what he is doing, although a higher paycheck may speed things up a bit. Devon is currently with the Arizona Cardinals. He started out with the New York Giants and played with the Detroit Lions for two years before he signed with the Cardinals. He's been in the NFL for a total of nine years, which he says is a long time. A football career can end quickly with something like an injury or a contract expiration. The short lifespan of a football career was one of the things that inspired Devon to start building a cash-flowing real estate portfolio. He wants his family to be able to continue the same lifestyle they are living now, after his football career is over. And he's making very good progress. He's also passionate about sharing what he's learned. For more about Devon, check out his website. You can find out more about cash-flowing rentals at realwealthshow.com. Membership is free, and will give you access to educational materials and the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. Click here to join! And please remember to subscribe to our podcast and leave a review! Thank you!

This podcast reveals an intriguing real estate success story. But it's not just about the daughter of immigrants who knew that real estate was the key to wealth, or the steps she took to create a $5,000,000 portfolio from just $10,000. It's also about how she dealt with the downturns of real estate and the stress and worry that can haunt an investor. Moneeka Sawyer describes herself as a "blissful millionaire" who worked just 5 to 10 hours a month building her real estate wealth. She's now on a mission to help other women do what she has done with her podcast, "Real Estate Investing for Women." She's also a TEDx speaker, has shared the stage with well-known female entrepreneurs, and has appeared on major broadcast channels to share her message about blissful real estate investing. If you'd like to learn more about how you can build real wealth with cash flowing rentals, go to realwealthshow.com and sign up for free. As a member, you'll get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

The housing market meltdown in 2007 dealt a rough blow to many developers. In this episode, you'll hear from someone who lost a lot of money back then, but he managed to stage a successful comeback. He did that by discovering a backdoor into the real estate development business. Instead of developing the land, Cody Bjugan arranged to have it approved or entitled for development, which is often one of the toughest parts of any big project. Cody is now a full-fledged developer with 30 projects and 2,300 residential units under his belt. But he also founded a company called VestRight to teach people how to do entitlements. He says it's a simple way to create 5- to 7-figure paydays from off-market land deals, without owning or developing the land, without debt, and with very little cash at risk. If you'd like to learn more about the real estate business and how you can buy cash flowing rentals, go to realwealthshow.com and sign up for free. As a member, you'll get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

If you like to dream big, you'll love this podcast. In this episode, Kathy and Rich Fettke celebrate their 25th wedding anniversary with a conversation about their marriage and their investing experience. They were supposed to be skiing down some wild terrain in Utah after getting dropped off by helicopter on a snowy mountaintop, but weather conditions delayed those plans. Instead, they are safely inside their hotel room, with some amazing memories and stories about where they've been, where they are now, and where they are going next! Rich and Kathy are the co-founders of the real estate investing company RealWealth, as well as the creators of this podcast, The Real Wealth Show! They launched the company in 2003 which currently has almost 63,000 members. It's free to join and you'll gain access to hundreds of free webinars, articles, and podcasts. You will also get access to the Investor Portal where you can make an appointment with an investment counselor and connect with our network of property teams nationwide. Please join RealWealth at realwealthshow.com, and remember to subscribe to the podcast and please leave us a review! Links: Rich mentions taking a RealWealth Assessment in the podcast, which you can access here. Kathy mentions a Couples' Adventure Weekend which you can inquire about by emailing her assistant Tonya at: [email protected].

In this episode, you'll hear the amazing story of a 12-year-old boy who wanted to upgrade his family home, so he called a real estate agent and said: "I want to buy a house!" He did the legwork, and closed on a home that put his family on a path to financial freedom. And today, he's helping others do the same. Our guest, Larry Taylor, has been a real estate investor for more than four decades. He's now the CEO of a Malibu-based investing company called Christina, which focuses on the Westside region of Los Angeles. He shares his personal story in this interview, along with his experience as an investor who's lived through various political and economic cycles, and can explain how they relate to investor concerns today – concerns like inflation, asset values, rent growth, where people want to live and work, and finding a good deal as an investor. If you'd like to learn how to invest in cash flow rental properties in the fastest growing metros in the U.S., go to realwealthshow.com and sign up, for free. Once you're there, you can set an appointment with one of our very experienced investment counselors who can help you find the best market and property teams to help you with for your investing goals. And please remember to subscribe to our podcast and leave a review! Thank you!

When I started investing in real estate, I didn't run into a lot of women on the job sites. And, I certainly didn't see very many women doing the renovation work themselves. But that's exactly how today's guest got started and her hard work has paid off because she's now a big-time real estate boss-lady. As a single mom, Kelly Stumphauzer bought a fixer upper for $46,000 and moved in with her three young kids. She was making about $13,000 at the time. Now, just a decade later, she runs a large renovation and property management company and has been featured on the front page of the Wall Street Journal for her success. She shares her story in this episode. If you'd like to learn more about how you can buy cash flowing rentals, go to realwealthshow.com and sign up, for free. As a member, you'll get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

Some people get stuck in analysis paralysis, meaning no matter how much they study, they just can't take the plunge. Meanwhile, others jump right in. In this episode, you'll hear from someone who couldn't wait to get started in real estate, so he made his first acquisition while he was in high school! Kyle Nott wasted no time. He attended what he calls "Windshield University" to educate himself about real estate. That's the time he's spent driving from one construction job site to another listening to podcasts, and learning from other investors. And here he is now, educating others on my podcast. He shares the ups and downs of his journey in this interview, which is both inspirational and educational. Thank you for joining me here on the Real Wealth show. I want to let you know I'm giving my 2022 Housing Forecast during the first week of January. If you want to get my take on where real estate is headed, considering that rate hikes are on the way, just visit realwealthshow.com. You can join for free and get access to the upcoming webinar, or the replay, along with recordings of all our past webinars. You'll also have access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

This is a Real Wealth Story about focus, discipline, connection, and working together with your partner! Our guests started off with nothing when they got married, but were determined to get rid of their student debt, and work toward a financial strategy that gave them as much free time as possible. They are now in their early 30's, own several investment properties, and recently hit the one million dollar net worth milestone. In this episode, Rich and Kathy interview their good friends, Dusty and Cecily Breeding, who share their secrets for a successful marriage and the building of wealth together toward a common goal. They met at Pepperdine University, graduated in 2010, and were married in a village outside of Nairobi, where they spent their first year of marriage working with homeless teenagers. After returning from Kenya, the Breedings spent the last decade paying off their student loan debt. Dusty worked as a minister and Cecily, as a photographer. They bought their first property through RealWealth in January of 2019 and currently own five properties with a total of nine doors in two states. They have both become job optional, and recently launched the Skull and Bones Society, which is a life coaching practice that helps others intentionally live well. Link for Skull and Bones Society: https://www.skullandbonessociety.co Join Real Wealth for free: https://tinyurl.com/joinrealwealth Subscribe to the podcast: https://tinyurl.com/RWSsubscribe

If you're interested in becoming a landlord and would like to avoid some of the mistakes that other investors have made, you'll learn a lot from this interview. Our guest became an accidental landlord and found out the hard way that active management of rentals can be a lot of work. He quickly learned that having good property managers that send you checks every month is the way to go. In this episode, Jim Pfeifer tells some interesting stories about the mistakes he's made so you don't have to repeat them. Jim is a former financial advisor and stock market investor who has turned his attention to real assets. It wasn't his choice to become a landlord at first, but after he saw the potential for passive wealth, he was hooked. He's been involved with single-family and multi-family rental units as a landlord, but is currently focused on syndications. He has more than 45 passive syndications under his belt including apartments, mobile homes, self-storage, private lending and notes, ATM's, commercial and industrial triple net leases, assisted living facilities and international coffee farms and cacao producers. As the founder of Left Field Investors, he also helps other people get started in passive real estate syndications. And, he's the host of the podcast: Passive Investing from Left Field. You can learn more about the ins and outs of passive real estate investing with good property management at our website, RealWealthShow.com. Sign up for free, and get access to the Investor Portal where you can see sample properties and connect with our network of resources. That includes experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review! Thank you!

Billions of dollars are being poured into build-to-rent communities and the industry is booming! Are developers able to keep up with demand for new rental homes? How long will it take to balance demand with supply? Is "now" the time to invest in this kind of rental property? Or maybe developers are overestimating future demand for this kind of rental and will end up flooding the market? In this episode, you'll hear from housing market economist Brad Hunter on this mushrooming segment of the real estate industry. Brad has been doing market analysis for 35 years and has conducted hundreds of housing demand studies at national and local levels. His market insights are available for builders, developers, investors, and lenders through his company, Hunter Housing Economics, in West Palm Beach, Florida. His opinions and forecasts are also widely covered in the media. Past positions include chief economist and national director of consulting at Metrostudy, managing director at RCLCO, and chief economist for HomeAdvisor. Brad was recently quoted in the following articles: Building and Renting Single-Family Homes Is Top-Performing Investment - WSJ Built-to-Rent Suburbs Are Poised to Spread Across the U.S. - WSJ This is a piece he wrote as a special contribution to Forbes: Ten Billion Reasons Why There Is A Built-For-Rent Land Rush - Forbes You can also follow him on Twitter: @bradleyhunter Thanks for listening to the Real Wealth Show! Like what you hear? Subscribe to the Real Wealth Show on Apple Podcasts (or all other major platforms) and leave a rating and review, we really appreciate it! And if you haven't yet, join RealWealth for free today at www.realwealthshow.com. As a member, you have access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.

Congress is tinkering with the rules for IRA accounts. It's part of a crackdown on individuals with millions in their retirement accounts, tax free. According to the Senate Finance Committee, the number of mega IRAs has grown substantially in the last decade. In 2011, there were about 8,000 taxpayers with $5 million or more in their accounts. In 2019, the data shows more than 28,000 taxpayers had that much in their accounts, and another 500 taxpayers with much more than that. (1) The legislation has set off alarm bells among investors who use self-directed IRAs to buy real estate. In this episode, Kaaren Hall joins me to talk about the proposed legislation and the changes that lawmakers are likely to adopt. She is the founder and CEO of UDirect IRA Services which provides self-directed account management. She started the company in the midst of the Great Recession after the stock market crashed. She's been helping people move their retirement funds into self-directed IRAs since then, so they can invest in things like real estate, land, startups, and more. Before that, she spent 20 years in mortgage banking, real estate, and property management. If you'd like to learn more about self-directed IRAs and real estate investing, you'll find articles on our website at realwealthshow.com. While you are there, please sign up. It's free and will give you access to our Investor Portal where you can view sample properties and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review if you like what you hear! Thank you!

The economy exists by and for the benefit of people. Yet so often, even today, many economists miss the mark when it comes to understanding demographics. In this episode of the Real Wealth Show, you'll hear from an internationally respected demographer who has been able to forecast economic, cultural and political phenomena with uncanny accuracy. Ken Gronbach is president of KGC Direct, LLC and author of "Upside: Profiting from the Profound Demographic Shifts Ahead" and "The Age Curve: How To Profit from the Coming Demographic Storm." Every time I do an interview like this, I think, I better get off my behind and buy some more real estate even if the numbers don't pencil as nicely as they did a few years ago. If you feel the same way, and you'd like to find income property in some of the fastest growing areas, consider booking a free consultation with one of our experienced RealWealth investment counselors by joining the network (for free!) at www.RealWealthShow.com. And please remember to subscribe to our podcast and leave a review if you like what you hear! Thank you! TRANSCRIPT Announcement: [00:00:00] You're listening to The Real Wealth Show, with Kathy Fettke, the real estate investors' resource. Kathy Fettke: The economy exists because of people, and yet so many economists have totally missed the mark when it comes to demographics. I'm Kathy Fettke, and welcome to The Real Wealth Show. Our guest today is an internationally-respected demographer, who's been able to forecast economic, cultural and political phenomenon with uncanny accuracy. Ken Gronbach is president of KGC Direct, and author of the current book, Upside: Profiting from the Profound Demographic Shifts Ahead, and The Age Curve: How to Profit from the Coming Demographic Storm. He's here to share his insights with us on the Real Wealth Show. With that, Ken, I want to welcome you to The Real Wealth Show. I got to hear you on Marcus & Millichap, and I was so blown away. I said, "Okay, we've got to get you on this show," and here you are, so thanks for being here today. Kenneth Gronbach: My pleasure. Kathy Fettke: Obviously, demographics play a huge role in economics, right? We know that the baby boomers drove a lot of economics. We're aging now, so we're buying different things than we did 40 years ago. What is the largest demographic group today, and how are they affecting the economy? Kenneth Gronbach: Are you talking about the United States? Kathy Fettke: Yes, let's start with the United States. Kenneth Gronbach: Okay. Well, the largest group is a group born in 1985 to 2004, the current generation Y millennials, and there are 88 million of them, roughly 10 million, give or take more than the boomers. They're the boomers' kids, for the most part, and they're huge. In terms of housing, they don't have any. They're going to live in their cars, and that's the big story. Because unless we step up our building or structure of the housing units, over the course of their generation, really for the [00:02:00] next 15 years. We're about 25 million housing units short. That's a lot of housing. Kathy Fettke: Wow. Okay. There has been so much fear that we're going to have another 2008, there's going to be a housing crash, prices are up. Kenneth Gronbach: That's impossible. Kathy Fettke: That's what I keep telling my daughter who is at the peak age of the millennials, she's 29 years old, and she keeps saying, "I'm just going to wait for home prices to go down," and I'm like, "Okay, you're going to be waiting a long time, honey." Kenneth Gronbach: Yes, tell her to buy now. That's what I tell my kids. I've got a daughter, 26, and a daughter, 29. Kathy Fettke: Okay, yes, she did own in Chico, California, but it was $250,000 to buy a house. She was 24 years old. She just sold it. She made money on it. She has a down payment, she can buy another, but she's like, "Mom, I'm 29 years old. I can't be buying a million-dollar house." What matters is the payment, right? The payment, if she bought that house, would be the same as she's paying in rent. I think so. Kenneth Gronbach: Sure. It's scary. I just spoke in Canada. Oh, you don't want to be in Canada and be a young person, because housing prices up there are-- it's not uncommon for houses to go for a million bucks, a million dollars. Kathy Fettke: Sure. Yes, it's pretty normal here in Southern California too. Kenneth Gronbach: Right, [unintelligible 00:03:18] Kathy Fettke: Yes. Well, she's not buying here, but just over the hill. We were looking at houses for her a few years ago, and there was a really nice one with a view for $750,000. I'm sure it's close to a million now. Kenneth Gronbach: Sure. Kathy Fettke: I think a lot of people are in that boat, just waiting for prices to go down. Why would you-- Okay, besides the fact that we know it's a huge generation, and the largest group of millennials is about 29. People were talking for so many years that the baby boomers and seniors would be moving on, and there

My daughter Krista is living in Barcelona as Part II of a study abroad program that was interrupted last year by the pandemic. She's doing it all on her own, financially, by her own choice. I'm visiting her right now and am so impressed with her independence at such a young age, I grabbed a mic and asked if I could interview her for The Real Wealth Show! It's confusing as a parent to know when to give and when to say "no." We want to be loved by our children, and sometimes think that our constant stream of giving will earn that love. But perhaps it's not the financial gifting that matters as much as the gift of belief -- that they can have whatever their heart desires -- if they commit to it. In this episode, you'll hear more about Krista's experience being raised in our family during a time, initially, when we had very little financial resources but tremendous wealth nonetheless. And how witnessing the growth of Real Wealth Network over the years, from the inside, has had a great impact on her wealth mindset. And please remember to subscribe to our podcast and leave a review if you like what you hear! You can also find out more about improving your financial world through real estate by joining our network at realwealth.com. It's free to join, with free educational materials on real estate investing. As a member, you also get access to the Investor Portal where you can view sample properties and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more.

Virtual real estate isn't something you can stomp on, but it has become wildly popular among a certain subset of people and investors. Some of these virtual spaces are so desirable, they come with big price tags and are multiplying in value to six-figure amounts. But exactly what is virtual real estate and why should we care. In this episode, Janine Yorio will simplify the idea of virtual real estate and the metaverse where it exists. She'll explain how it all works, who's involved, why people are paying top dollar for virtual properties, and what this all means for our future. (Hint: She claims it'll be intrinsic to our existence as the next step beyond the internet. Janine is the co-president at metaverse innovation and investment platform, Republic Realm. She previously worked as CEO of fintech company Compound, which focused on real estate investing, and was bought by Republic in 2020. She has also worked in private equity for Northstar Capital and in real estate and hotel development at The Standard Hotels. She's a graduate of Yale University. She can be reached at [email protected]. You can also check out new trends in three-dimensional fee simple real estate by joining our network RealWealth, for free, at realwealthshow.com. As a member, you'll have access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review if you like what you hear! Thank you! TRANSCRIPT [music] [00:00:00] Narrator: You're listening to the Real Wealth Show with Kathy Fettke, the real estate investors resource. [silence] Kathy Fettke: I've got some good news for you here today. If you can't afford to buy real real estate, perhaps you could look into virtual real estate. I'm Kathy Fettke and welcome to the Real Wealth Show. Virtual real estate you ask? Apparently, there's a market for it, and it's an expensive one. Our guest today, Janine Yorio is the co-president at Republic Realm, a metaverse, innovation, and investment platform. She previously worked in private equity for Northstar Capital and in real estate and hotel development at the Standard Hotels. She's a graduate of Yale University, and she's here with us on the Real Wealth Show today. Welcome, Janine. Let's start with what is virtual real estate. I cannot seem to grasp this concept. Janine Yorio: Virtual real estate, at its simplest form, is real estate inside a video game. If you've ever played a video game, depending upon your age, maybe it was Super Mario Brothers, maybe if you're younger, it's Fortnite, there are games and there are spaces inside those games where when you're playing them, your avatar moves around and sees different things. Sometimes there are buildings, there are roads, there might be planets and spaceships, it really depends on the theme of the game. The reason why digital real estate is now something we're even talking about or that you and I are talking about is because the digital real estate inside some games today is built on the blockchain, and as a result, the interest in investing in that real estate has achieved new highs, and people are now much more interested in it than they were when it was just traditional space inside a video game. Companies have been buying advertising inside video games for a long time now. You can go play Madden football or FIFA [00:02:00] World Cup, and there are games on the stadiums inside those sports games. I'm sorry, ads on the stadiums. What's different now is that the games are built on the blockchain, and there's this idea that if you buy things in one game, one piece of real estate in one game, you'll be able to move it around or use it or find utility in other games and that has made people more comfortable with investing much higher dollar amounts in this digital real estate than they had been previously. Kathy: Fascinating. Okay. When people did it before it was blockchain, it was more for fun or for bets? Janine: No, it was the companies that were buying it for advertising. Kathy: For advertising, okay. Janine: Yes, for advertising. Kathy: Now when you say that's with blockchain, I'm starting to understand blockchain, but are they buying a coin? Janine: Kind of. Set aside the blockchain conversation because it's critical to understanding what digital real estate is. That's only the reason why it's become very popular. It has very little to do with what it actually is. Digital real estate is the space inside a video game. Generally, it's the space inside a video game that has no stated objective, meaning you're not there just to kill aliens or capture or somebody else's battleship, you're there to build something. You have the freedom to build whatever you want. You can build your own world, you can build your own house, and owning the real estate ins