
Real Wealth Show: Real Estate Investing Podcast
464 episodes — Page 6 of 10
Ep 916"Ask Kathy" - Kathy Fettke Shares Her 2023 Real Estate Investing Strategies
This is our second "Ask Kathy" episode for the Real Wealth Show. Podcast host Kathy Fettke collected several questions about today's real estate investing environment, and shares what she would do in those situations. Questions that she answers include: 1 - If you had $100k to invest today, how would you invest it? (from Karla) 2 - Is it a bad time to use a HELOC for a down payment? (from Jeff) 3 - Are 30-year fixed-rate loans still preferable? (from Jeff) 4 - What markets would you shy away from and why? (from Andreas) 5 - Does the 1% rule still matter" What's true now? (from Cynthia 6 - You talk about hot markets in Florida. What about cities outside the major metros? Doable? (from Cynthia) 7 - What is your outlook on short-term rentals? (from Karla) Kathy and her husband, Rich, co-founded RealWealth to share what they learned about real estate investing. At first, they did it to educate their friends, but that social circle has now turned into a network of more than 66,000 members! Their mission? "We help you create passive income and ongoing cash flow with real estate... so you can live life on your own terms." Kathy is passionate about helping others, and looks forward to collecting more questions for a future "Ask Kathy" episode. Send as many as you like to [email protected] and we'll add them to our list! Kathy is an active real estate investor and a licensed real estate agent with more than 25 years of experience. In addition to her mission at RealWealth, she's the CEO of Grow Developments which helps people invest passively in syndicated real estate deals. She's been doing the "Real Wealth Show" podcast since 2003, and "The Real Estate News for Investors" podcast since 2016. More recently, she was picked to co-host the Bigger Pockets "On the Market" podcast. If you'd like to learn more about how to create passive income with real estate, check out her newly updated bestseller "Retire Rich with Rentals" which you can find here on Audible. You will also find answers to your questions as a member of RealWealth. You can join for free at www.RealWealthShow.com And please remember to subscribe to this podcast and leave us a review!
Ep 915Mortgage Expert, Barry Habib, On Why Mortgage Rates are Headed Down in 2023
Are you sitting on the sidelines waiting for lower mortgage rates? Are you wondering whether the Fed is "doing the right thing" to fight inflation? Would you like a clear, simple explanation as to why mortgage rates are so high and when they might come down? The economy has a lot of moving parts that can make it difficult to see the big picture and to know what's coming next. In this episode, you'll hear from mortgage expert Barry Habib who has won the Zillow/Pulsenomics Crystal Ball Award three times in 2017, 2019 and 2020 for the accuracy of his real estate market predictions. He joins me to talk about the inner workings of the mortgage market, how inflation and the Fed's rate hikes are impacting mortgage rates, why Fed strategy failed to prevent inflation in the first place and how it's attempting to make up for that failure, and most importantly… why we might see rates as low as 5% later this year. Barry is a housing market and mortgage industry expert, best-selling author, and entrepreneur. He's the founder and CEO of MBS Highway which helps turn mortgage sales people into advisors. He's a Certified Mortgage Advisor himself, with more than $2 billion in originations. He's also bought and sold several businesses including Mortgage Market Guide, CPMS, Certified Mortgage Association, and Healthcare Imaging Solutions. His book "Money in the Streets" is an Amazon best-seller. He's a frequent guest on CNBC and FOX Business Network. His podcast is called: "Inside Real Estate." If you'd like to learn more about what's happening in real estate this year, please join RealWealth. It's free to join and get access to all our data, sample investment properties, RealWealth investment counselors, and our curated list of real estate professionals. Please don't forget to subscribe to our podcast and leave a review! Thanks for listening! -Kathy
Ep 914How an Engineer is Engineering His Financial Freedom with Real Estate
Podcasts are often filled with experts who make it sound too easy to reach those financial freedom goals. Many are often pushing their own agendas as well, and are trying to sell you something. That might create information overload for new investors who are trying to figure out where they should begin. But even the most successful investors started somewhere, and that's often the story you don't hear – what it's like at the very beginning of the journey. It's an often untold story that could help new investors feel more confident about taking their own first steps. In today's episode, you'll hear from someone like that. Kyle Parker and his wife are both full-time engineers with a healthy income, but after reading Rich Dad, Poor Dad, Kyle realized the value of passive income through real estate investing. He's now in the midst of taking his first steps with a handful of real estate syndications but he wants to increase his passive income paycheck so he can become job optional sooner than later. You'll hear details about how he's managing his finances right now, and how he's deciding what he should do next with real estate. You can find out more about getting your own real estate operation off the ground at realwealthshow.com. It's free to join and get complete access to all our information and services, including our experienced investment counselors and other real estate professionals. Please remember to subscribe to our podcast, and leave a review! Thanks for listening!
Ep 913ATTOM's Rick Sharga and His 2023 Real Estate Playbook
Happy New Year and welcome to 2023! It's time to turn the page on 2022 and look for new real estate investing opportunities! And we have ATTOM's Rick Sharga to help us do that! He joins me in this interview to talk about his data-based opinions on what the real estate market might do this year. That includes specific markets that are more likely to outperform or underperform other markets, along with the strengths and weaknesses of different asset classes. If you don't know Rick, you should. He has more than 20 years' of experience in the real estate and mortgage industries and is currently the Executive Vice President of Market Intelligence for real estate data firm, ATTOM Data. He is also one of the most frequently quoted experts on real estate, mortgage, and foreclosure trends by major media outlets. 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. If you'd like to hear more about what happened in 2022, check out my 2022 year-end review with Rick Sharga. We discuss the ups and downs of last year's market, and what we think is important for investors to know about 2023. Join RealWealth and enjoy all the benefits of membership at: https://tinyurl.com/joinrealwealth Subscribe to the Real Wealth Show podcast: https://tinyurl.com/RWSsubscribe Thanks for listening! Kathy Fettke
Ep 912How a Navy Seal is Using His Special Ops Experience in Real Estate
We end the year with a special guest who's transitioning from a long-term career in the Navy to what will be a full-time job in real estate. William Spekhardt has more than ten years of experience leading special military operations in the Navy both as an enlisted operator and a naval officer. He's now preparing to wrap up his career as a Navy Seal and is applying what he's learned in the military to his real estate operation. William started investing in real estate as a side hustle by renovating distressed single-family properties. He is now focusing on buy-and-hold residential and commercial rental properties. He has a BA degree and a Master of Science degree in Criminal Justice from West Chester University of Pennsylvania. He also has a Master of Science degree in Defense Analysis from the Naval Postgraduate School. And, he's a licensed Realtor in the State of California. You can find out more about getting your own real estate operation off the ground at realwealthshow.com. It's free to join and get complete access to all our information and services, including our experienced investment counselors and other real estate professionals. Please remember to subscribe to our podcast, and leave a review! Thanks for listening!
Ep 911Meet the New RealWealth Husband-Wife Property Team Managers!
In this episode of the Real Wealth Show you will meet two of our newest RealWealth members. Grant and Rebekah Anderson are the husband-wife managers of our property teams! They came on board about five or six months ago, and we're finally getting a chance to introduce them to you! Grant & Rebekah do a number of things to make sure we are working with property teams who have what it takes to deliver a quality product over the long term. In addition to managing our existing property teams, they are responsible for finding and vetting new property teams, management companies, developers, and builders. That includes background checks and a good look at their track record and future prospects before they put them on our referral list. They come to RealWealth with years of combined real estate experience that includes real estate sales, fix-and-flips, single-family rentals, and short-term rentals. Grant bought his first home in 2001 while he was in college, and rented out rooms. Since then he's practiced the BRRRR method of investing and manages his own properties. Rebekah worked as a Realtor for several years helping investors buy and sell properties. She is also a Certified Life Coach. Grant & Rebekah have done much of their investing in Indianapolis where they grew up and where they own their primary residence. They often rent out their home however, so they can roam the country in a travel trailer, and look for new markets and property teams for our investors. They come to RealWealth with years of combined real estate experience that includes real estate sales, fix-and-flips, renovations, single-family rentals, and short-term rentals. Grant bought his first home in 2001 while he was in college, and rented out rooms. Since then he's practiced the BRRRR method of investing and manages his own properties. Rebekah worked as a Realtor for several years helping investors and retail clients buy and sell properties. She is also a Certified Life Coach. Contact Grant Anderson at: [email protected] Contact Rebekah Anderson at: [email protected] Join RealWealth and become a member for all of the benefits (it's free!): https://tinyurl.com/joinrealwealth Subscribe to the Real Wealth Show podcast here: https://tinyurl.com/RWSsubscribe
Ep 910Kathy & Rich Fettke Share Big Ideas from Their Bestselling Real Estate Books
This is a different kind of "his & her" Real Wealth Show! Kathy Fettke interviews her husband Rich Fettke about his new bestselling book "The Wise Investor," while he interviews Kathy about the newly released 2022 edition of her 2014 bestseller "Retire Rich with Rentals." This interview will give you insights on why Kathy and Rich wrote the books, along with a preview of the lessons they share and the personalities behind those titles! Their synergy is contagious along with their enthusiasm for creating passive income and financial freedom so you can live the life that you've dreamed about. Here's more about their books which are available on Amazon: Retire Rich with Rentals: How to Enjoy Ongoing Cash Flow from Real Estate So You Don't Have to Work Forever, by Kathy Fettke In Retire Rich with Rentals, professional investor Kathy Fettke shows you how to supplement your retirement plans with cash flowing real estate. You'll learn how to choose the best markets, identify solid deals, and create passive income – without having to fix toilets or get your hands dirty. In Retire Rich with Rentals, you will learn: How to safely borrow money to finance your portfolio Strategies for reducing your tax burden Asset protection techniques used by the wealthy Hands free property management techniques How to replace your income with rental property Retire Rich with Rentals is a step by step plan for building and protecting wealth so you have both the money and the freedom to live life on your terms! The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life, by Rich Fettke The Wise Investor is an inspiring parable about building what author Rich Fettke calls Real Wealth, the foundation of financial freedom. It tells the story of Ryan Brooks, a husband, father, and CaptivSoft's hard-working lead coder 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 it you'll learn: Why working endless hours to climb the corporate ladder in search of "enough" may never give you the financial security you want. How to shift the limiting beliefs that might be keeping you stuck and blind to what's possible for your finances and your life. An actionable, play-by-play guide to transforming your financial situation by taking charge of your habits so you can live your best life now, not in some far-off future. Whether you seek an investment path that allows you to overcome the fear and overwhelm or are struggling just to start, the advice and wisdom in this book will help you get on track to financial freedom. Expand Your Real Estate Education Join RealWealth to learn more about real estate investing and get free access to all our educational material. Click on RealWealth.com to sign up. In addition to our Learning Center, you'll have access to our data on individual U.S. rental markets, our experienced investment counselors, and our list of curated real estate professionals. If you'd like to find out more about the mastermind that Kathy mentioned during the interview, please go to https://www.kathyfettke.com. Also, please remember to subscribe to our Real Wealth Show podcast and leave a review! Thanks for listening!
Ep 909Is Build-to-Rent Dead? Insights from IMN's Single-Family Rental Forum
It's the 10th Anniversary of the IMN Single Family Rental Forum and my 10th year as an attendee! I've been coming to this event every year and watching how the single-family rental industry is growing. There were 2,000 people at this year's conference in Scottsdale, Arizona, including single-family investors, mom-and-pop fix-and-flippers, brokers, bankers, lenders, and dozens of speakers, including myself, who all believe that now is a good time to invest. They know that as so many people sit on the sidelines, afraid to buy in this more difficult market, that there are opportunities for people who are ready. And they are excited about what they are learning about today's real estate market. I thought I'd share some of the concerns, strategies, and forecasts that I heard while I was at the conference. – Kathy Fettke You can find out more about the IMN Single Family Rental Forum at this link. You can also find out more about how to invest in single-family rentals by joining RealWealth at realwealthshow.com. We provide educational material for investors at all levels, along with an investor portal with sample properties, experienced investment counselors who can answer questions, and a long list of real estate professionals that can help you with the business side of things. And please remember to subscribe to our podcast and leave a review! Email questions for "Ask Kathy" to: [email protected] - put "Ask Kathy" in the subject line. For more information on the Single-Family-Rental Fund go to: GrowDevelopments.com
Ep 908Why Wall Street Fund Managers Plan to Invest Billions into Single-Family Rentals in 2023
The majority of single-family rentals, and they are currently about 23 million of them, are owned by small investors, mom and pops. Wall Street landlords, who still get a lot of flack, own only about 350,000 units, or 1.5% according to the National Rental Home Council. But they are looking to invest billions of dollars more. They are probably looking at the same metrics we're studying, which is the massive rental demand due to the current economy, and higher interest rates that are delaying renters from becoming home owners. This is exactly why we started our second single family rental fund, focusing on growth markets in Texas. You can find out more about that at GrowDevelopments.com. There's still time to invest by the end of the year. Today's guest is the Managing Director of Armada ETF Advisors, David Auerbach, who knows how the institutional investors think and operate. David has more than 23 years of experience in the REIT industry. He's the publisher of The Daily REITBeat Newsletters and has worked as an institutional trader at World Equity Group, Esposito Securities, and Green Street Advisors. You can find out more about real estate investing at realwealthshow.com. Hit the join for free link to become a RealWealth member. You can also find out about our single-family rental fund which focuses on growth markets in Texas, by going to growdevelopments.com. There's still time to invest by the end of the year! Also, please leave us a review and subscribe to our podcast if you haven't already done so! Thank you for listening! -- Kathy
Ep 907EU Citizenship Reward for Minimum Investment in Portugal!
Investors are always looking for steep discounts on cash flowing properties in high-growth markets. But what if you could also get health insurance, a college education and an EU passport as part of the investment? And while you're at it, let's throw in an annual luxury week-long vacation that's included in the purchase price! Sound too good to be true? Investors from over the world have discovered it is very true, which is why they are flocking to buy property in Portugal through the country's "Golden Visa" Program. Similar to America's "Opportunity Zone" program, Portugal is attracting investor capital by offering incentives to investors. Those incentives are increasing the country's GDP by improving run-down or underdeveloped neighborhoods -- with the promise of citizenship as a reward. And just like the Opportunity Zone program in the US, areas that receive those investor dollars have become very hip and trendy. I first heard about the program when one of my business partners, who happens to be European, told me that the Euro was on par with the dollar. He said Americans could buy European property at a discount due to the exchange rate. So you can have Plan B in Portugal. With a minimum investment of just $280,000, you will have a property that could provide up to 10% return over five years, a second passport, immediate residency, and free world-class healthcare! You can find out more about this Golden Visa opportunity for investors at www.GatewayPortugal.com. My daughter, Krista Fettke, and her boyfriend, Alec Denney, are both on the Gateway Portugal team and they join me in this interview to fill you in on the details. Krista Fettke graduated from San Diego State University with a bachelor's degree in Business Entrepreneurship. She's part of the RealWealth marketing team as our Social Media Director. She also helps with copywriting and content creation at Real Wealth, is pursuing her real estate license, and is now Director of Marketing for Gateway Portugal. Alec Denney graduated from University of California, Santa Barbara, with a degree in business and organizational communication. After college, he worked in the real estate software sector as a senior business consultant and is now working as Director of Sales for Gateway Portugal. He's also a Marine Corps veteran. 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.
Ep 906"The Investor Guy" Shares His Real Estate Success Strategies
When it comes to buying real estate as an investment, you need to have a game plan. But that often changes when the market fluctuates making yesterday's game plan obsolete and creating the need for a new one, or modifications. But successful real estate investors know how to pivot and it's those investors who can teach how to avoid some of the worst pitfalls. In this episode, you'll hear from someone who calls himself "The Investor Guy." Omni Casey is a real estate investor, broker, and coach with almost 20 years of experience in real estate. It all started in Hawaii, with a fix-and-flip surfboard business. You'll hear that story along with the successes and challenges he's had growing an expansive real estate business and personal portfolio of cash flowing properties. He and his wife, Chara, currently live on the East Coast with their three kids, and are making sure they keep their kids actively involved in the business to help teach them about real estate. Omni also likes sharing what he's learned as a coach for people who want to take their real estate game to the next level. He recently authored a book called "Cash-Flow Breakfast Club." If you'd like to learn more about real estate investing, you'll find lots of information in our Learning Center. Membership is totally free, but members also have access to the Investor Portal, our experienced investment counselors and our curated list of real estate professionals. Join now by going to www.RealWealthShow.com! Please remember to subscribe to the podcast and leave us a review! Thank you!
Ep 905"Ask Kathy" - The Fettkes Share their Secrets to Real Estate Success
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
Ep 904Rental Demand Skyrockets as Chip-Makers Move Into North Texas
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!
Ep 903ATTOM's Rick Sharga on What's Next for an Unusual Real Estate Market
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
Ep 902Cash Flow with Medium-Term Rentals vs. Short- and Long-Term Strategies
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/.
Ep 901Where Single-Family Rentals Still Cash Flow, Even With High Interest Rates
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
Ep 900Beware of Title Risks! Protect Your Property from Unknown Liens
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/
Ep 899Home Price Declines Create Winners and Losers w/John Burns, Real Estate Consultant
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.
Ep 898How to Get the Financial Freedom You Crave as a Multi-Family Investor
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.
Ep 898Former NFL Player Shares His Real Estate Success Story!
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.
Ep 896What You Need to Know About Property Insurance & Public Adjusters
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!
Ep 895How One Man Dumped His Job to Bike Around the World!
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!
Ep 894Recession-Resilient Markets: Why Not Buy Real Estate with Other People's Money?
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!
Ep 893Postpone that Huge Capital Gains Tax Bill with a 1031 Exchange!
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!
Ep 892Successful Investor Describes the Kind of Real Estate Market You Want Today!
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!
Ep 891Industrial Real Estate Just Adds up for this Math Professor
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!
Ep 890How to Stay Out of Jail as a Real Estate Investor & Syndicator
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!
Ep 889She's an Immigrant, An Engineer, and a Successful Real Estate Investor!
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!
Ep 888What Are Homebuyers Doing About Higher Mortgage Rates Channel
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!
Ep 887Why This Real Estate Investor Isn't Waiting for Home Prices to Go Down!
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!
Ep 886Finding Your Real Estate Sweet Spot from a Mobile Home Park Expert
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
Ep 885How to Pay for a Multi-Million Dollar Vacation Home: The Power of Co-Ownership
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!
Ep 884Why 2022 Is a GREAT Year for Real Estate Investors
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!
Ep 883Are Mortgage Rates Too High for Real Estate Investors?
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!
Ep 882"The Wise Investor" Author Explains How "Rich Dad Poor Dad" Meets "The Alchemist
"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
Ep 881What Real Estate Investors Need to Know About Rental Property Insurance
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!
Ep 880HEADS UP on Tax Changes That Could Impact Investors!
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!
Ep 879Navigating New Real Estate Challenges w/Marcus & Millichap Analyst, John Chang
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!
Ep 878Investing Wisely During Times of High Inflation w/Navellier's Gary Alexander
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!
Ep 877A Woman's Vision to Create Wealth and Help Others Do the Same!
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!
Ep 876How a Former Romanian Refugee Became Job Optional in the Free World
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!
Ep 87524-Year-Old Refugee's WILD Real Estate Success!
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!
Ep 874Ground-Up Development: High-Risk, High-Reward w/Kathy & Rich in Park City
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!
Ep 873Florida Developer Explains Build-to-Rent Challenges and a Silver Lining!
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!
Ep 872MBA Forecast: 2022 Economic Risks & Real Estate Investing Optimism
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!
Ep 871How to Legally Protect Yourself as a Landlord
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."
Ep 870"Rightsizing" Your Lifestyle for a Passive Income Payoff!
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!
Ep 869NFL Player Devon Kennard's Real Estate Game Plan
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!
Ep 868Building a $5M Real Estate Portfolio without Stress!
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!
Ep 867Investing in Raw Land With Little Cash & No Debt!
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!