POPULARITY
25 episodes with All in One
28 episodes with All in One
26 episodes with All in One
20 episodes with All in One
4 episodes with All in One
6 episodes with All in One
6 episodes with All in One
15 episodes with All in One
2 episodes with All in One
Keith shares how a recent trip to Colorado Springs and a changing commission landscape reveal what really matters for real estate investors now From there, the show dives into the three levers investors truly control—leverage, operations, and relationships—before welcoming lender Caeli Ridge to break down the major mortgage options for investors. You'll hear how different loan types fit different strategies: from your first conventional "golden ticket" loans, to DSCR loans based on property income, to short-term fix-and-flip and bridge loans that prioritize speed and flexibility. The episode then moves into how more advanced investors can scale beyond 10 doors, navigate debt-to-income and tax strategy, and even approach financing for short-term rentals—all while highlighting why having the right lending partner and long-term plan can make a big difference to your results. Episode Page: GetRichEducation.com/591 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text 1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold with new ways to think about your life through goals momentum in the real estate market. Then learn about various mortgage loan types, conventional DSCR, fix and flip, bridge loans, short term rental loans and more. Knowing which loans to use can save you millions and learn the fatal mortgage mistakes you must avoid today on get rich education. Corey Coates 0:29 since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads and 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Speaker 1 1:14 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:30 Welcome to GRE from Winnebago, Minnesota to Winnipeg, Manitoba, and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get rich education, the voice of real estate investing since 2014 before we get into the mortgage discussion, where we'll discuss five or 10 different investor loan types and their various pros and cons, which could save you millions over the course of your life. I shared with you that I traveled to Colorado A couple weeks ago, for a goals retreat hosted by the real estate guys, top notch event, I spent extra time there in Colorado Springs, because I find it really livable, and I spent five hours with a local realtor there, one day out and about visiting properties in the area I'm potentially looking for a home or a second home. And by the way, how is this for a price range? The realtor wanted to know what my Buy Box is, and since I'm just learning the Colorado Springs market, I told him I'm willing to spend between 400k and 1.2 million on the property, yeah, pretty wide range, a mile wide. Fortunately, my other Buy Box criteria are more narrow and specific, and I have got to say, I'm surprised at how low the area's home prices are. I thought they'd be higher. Interestingly, before touring homes, my buyer agent wanted me to sign a six month exclusive representation agreement. Fair enough, that's standard stuff. It was on the agreement, though, that I as the buyer pay a 3% commission up on the purchase, and the seller would presumably pay the other 3% to make up that total 6% commission for the agent compensation. Well, historically, the seller paid the entire 6% and this, of course, goes back to the NAR settlement, and that ruling that became effective in August of 2024 you probably remember this, and I talked about it on the show back then, and how it's not really that big of a deal, especially to investors like us, because at GRE marketplace and with our GRE investment coaching, it's a direct model. There's zero commission on either side, and then you, in turn, get some of those savings, but out in the larger world and in the owner occupant world. Well, that rule change that started a year and a half ago. It means that sellers are no longer required to pay the buyer's agent. Instead, the fee is now negotiable between buyers and their agent. The other change is that property listings no longer display the buyer agent's commission offer. But here's what's interesting in practice, and what really ends up happening in the end, in most cases, is that the seller still pays the full commission and compensates both agents that full 6% sometimes it's 5% instead of six buyers and buyer agents, they still operate under the seller pays. And that's largely because that has just been the norm. It's what's seemingly always been done. It's what buyers are used to. And the reason that that often persists. Is because the seller is the party in the transaction that has that thick equity in the property, deep equity, and buyers are the ones often just trying to scrape together whatever they can for a down payment and closing costs. Buyers are not going to be able to come up with another 15k for an agent commission when they're buying a 500k property, that's 3% especially today, this is true because American homeowners the seller then still have record equity positions of about 300k an all time high. Nearly half of mortgaged homes are considered equity rich. What does equity rich mean? It means that the loan balance is less than half of the home's value, yeah, the seller has the means to pay the full commission. So the point is, in practice, the seller, yeah, still pays that full five to 6% commission in the overwhelming majority of cases, and the buyer pays nothing. And if that does change, it's going to take a long time. You know, a lot of these evanescent real estate stories that people think are going to have some seismic impact. It rarely does, like this erstwhile NAR ruling or the 50 year mortgage proposal or banning big institutions for buying more single family rentals. You know, this stuff is like one little baseball sized asteroid striking an entire planet. I mean, it's like a barely discernible impact. Real estate is anchored in one place like Jabba the Hut. It is solid. These stories are interesting, but they're not impactful. Keith Weinhold 6:52 Instead, I've mentioned it before. What are three things you control in real estate that really matter. And these are evergreen things. First, it's, how many dollars are you leveraging? That's where your wealth is going to come from. In fact, we're going to discuss that today with mortgage loan types. Second, what's the efficiency of operations on your existing properties? And thirdly, what is the quality of your relationships? And actually, we're addressing the third one today too, talking to a lender that you could make part of your team. You can control these three things. They're unyielding, they're evergreen, they're long term, and they all have gratitas and impact those three things, leverage operations and relationships. Now my agent drops me off and picks me up from my hotel here at the Broadmoor in Colorado Springs. This was also the event hotel for the goals retreat. I just extended my stay to hang out in the area. Look at real estate, do some climbing on Pikes Peak. Pro tip for you on hotel room rates, talk to a human being before I booked my stay, I called the front desk and asked them if they could extend the attractive event room rate to more nights on my extended stay. And they agreed. You might have heard of the Broadmoor. It is well known. It's been here for more than 100 years, and it is such a fine place to stay. Let me tell you about this special piece of real estate. In fact, I've thought it through, and I will now hereby proclaim that it is the finest us hotel experience that I've ever had in my life. I say us because I stayed at an amazing place in Dubai. But what makes the Broadmoor stand alone? It's the details and the service. A lot of hotels are nice, but this is on a different level. And I don't say this to brag, and this is because you probably can afford to stay here, yeah, like I have. You might have paid more elsewhere in your life for a lesser hotel, although I am here in the low seasons. Okay, now, sure, you've got views of the Rockies and a man made lake and waterfall and even a beautiful chandelier in my hotel room. The thing that sets it apart, though, is you have this service that feels old world and not corporate. That's what makes the difference. The Broadmoor is horse themed, since horses are a symbol of the American West. There are about 800 rooms here. It's kind of like a self contained adult Disneyland championship golf courses, a world class spa, even an outdoor lap swimming pool like that has lanes that I swam in one morning for. Fine dining, casual dining, access to hiking, fly fishing, even falconry, zip lines, tennis, pickleball pools. Take the cog railway to the Pikes Peak, Summit. Okay. Now, other nice hotels have attractions that are sort of like that, but when I rave about the service, it's the little things they are knocking on my door before 10am to come in and clean the room. And you know how so commonly, when you first check into your hotel room and you look in the closet, there are not enough clothing hangers, and they're all like stupidly mismatched. These all match. They're all nice wood, and there are plenty of them. So I'm talking about these details. I'm telling you. I had dinner at one of the broadmoor's restaurants the other night. I just happened to take a close look at the tag on the napkin. Sure enough, it is made in Italy. I mean, jeez, no detail is overlooked at this stellar place. In fact, here's what I'll do. You know, I'll just completely stop my Colorado Springs home search right now. Instead, I'm going to stop down by the Broadmoor front desk, tell him to give me some moving boxes, because I'm moving into the Broadmoor and I'll be here for the next decade. Start forwarding my mail here and everything. And hey, at least I was courteous enough to give them notice. I can't stay here too long, or my standards will be rising faster than my net worth. Yeah, yeah. Can't go to sleep with a mint on your pillow every night, I suppose. Keith Weinhold 11:38 Now, the reason I came here now is to attend that aforementioned goals retreat, and let me take all the time and all the resources that I put into being here and distill them into just a few of the most salient takeaways for you. Goals should be smart, strategic, measurable, actionable, relevant and time based, they must be written down. Now, how would you describe yourself to somebody else that didn't know who you were? Write that down next. What do you think your reputation is? How would others describe you? Write that down now that you can see how you describe yourself and how others describe you, you can see that there's a gap there. That gap is what you need to work on. I learned that goal should be written in the present tense, not the future tense. I did not know that before. For example, say it is January 1, 2035, and I own $5 million in rental property. That's an example of how you would do that. So take future events and write them in the present tense. Other questions at the goals retreat that got really introspective are, what are you really going to do with your life? And write down that answer. Sheesh, that is tough. And if you think that's a hard question for you to ask of yourself, the next one is even harder. It's simply why? Why is that where you're going with your life? And then write that down? I mean, would you answer questions like this for yourself? And you really think about it, that can occupy a new segment of your entire headspace. It is a big cognitive load, and a last one to leave you with is to dream not just big, but gigantic. Get it out there, write down a dream that interests you, but it's so grandiose that you're actually embarrassed to tell someone about this stretch dream, for example, for me, it's the first person to walk on another planet. No human has ever done that, and this would most likely happen on Mars. See, this is so grand that is sort of embarrassing for me to even share that with you. It almost makes you sound Loony, like I would have to learn so many new skills to travel to and walk on Mars. But you should write down a bunch of other goals too. You're sort of brainstorming on goals, attainable goals. Recall that is the A in the SMART goals acronym, you want to write down a bunch of attainable ones, not just that stretch one. So for attainable ones, one of them is for me to become the highest man on earth. To give you an example. And I attempted that goal two years ago, and I failed. I told you about that at that time. But see now, compared to my embarrassing stretch goal of walking on Mars, the highest man on earth feels attainable, I know what it takes to achieve it, and it's worth doing, ah, but it's a grind to get there, yet it would be worth it. Those are some quick take. Ways from the real estate guys goals retreat while on stage the event host Robert helms he took a minute respite from the goals material, and he recognized the fact that, as he calls it, the four OG real estate podcasters are all in the same room. One of them is helms himself, and now I feel like the other three are all older and doing it longer than me. I was one of the four that he mentioned. But you know, there is only one podcast that was mentioned from stage, and that is that Robert helms told the audience that they should be listening to the get rich education podcast. That was a nice thing to say, and he is always a gracious giver. Keith Weinhold 15:45 Next, we're talking about four major loan types, conventional DSCR, fix and flip and then bridge loans. When we discuss the first two parts of it could sound repetitive, but you'll see why we do this, because then you'll be able to compare it to nichey loan types that we discuss, for example, the speed of a bridge loan, where you can get funded in just one week, compared to a slower conventional loan. The mortgage landscape changes. I still remember how in 2012 we had still somewhat freshly emerged from the global financial crisis, and back then, you could only get four conventional loans, four rental properties, not 10 like you can today, 20 married. So get your loans while you can, you probably won't always be able to get 10 loans. We'll start with loan types that are more for beginners, and then we'll get to advanced material. Let's welcome back one of our favorite recurring guests. Keith Weinhold 16:54 You can make millions more throughout your life by understanding mortgage loans. This is key, and today it's the return of the woman that's created more financial freedom through real estate than any other lender in the entire nation, because she's the president of ridge lender group. Hey, it's time for a big welcome back to the incomparable, yet somehow still so approachable Chaley Ridge Caeli Ridge 17:16 my Keith, thank you for having me. I love being here. I love what you're doing. It's my pleasure, sir. Keith Weinhold 17:23 And our followers, our listeners, have been approaching you since 2015 you're one of the longest running guests, truly one of the OGS around here at GRE and now Caeli, before we discuss loan types. You know, we don't really talk politics on this show rather policies, and we're in the midst of a presidential administration that often, in the name of the word affordability, is trying to supremely shake things up in the housing market. Help us dissect what matters and what won't. Caeli Ridge 17:58 I have found that at least as it relates to current administration, whoever that might be, I wait for the buzzwords or the taglines to become the actual policy. Like you said, That's a good point in this case. You know, you've got things floating around, like the 50 year mortgage cutting off the hedge fund guys and that kind of thing. Whether or not, those things come to fruition. I'm happy to give my opinion on them. I do not think that it's going to move the needle much for the people that you and I serve with regard to I mean, just taking them one at a time, I don't think that the 50 year is going to come to fruition. Just first and foremost, if it did do, I think it would be a good idea for a homeowner, probably not, but for an investor, maybe if there's some way that we can keep our payment lower, given the maturity date of a mortgage for an investment property is usually about five years. I mean, I know that this is a 30 year fixed mortgage, but statistically speaking, the average shelf life of a non owner occupied mortgage is about five years. So getting a 50 year amortization, if that were going to reduce the payment, I don't think is a bad thing for an investor, however, and this may get a little bit technical for the listeners, so I apologize in advance if we were to go to a 50 Year am the adjustments, something called, and you and I have talked about this before, something called an llpa, that stands for loan level price adjustment, I think would be such that it could end up defeating the purpose of having the longer term amortization, because I think the interest rates would be higher and I think they may offset so that was a long way to say. One, I don't think it's going to happen. I don't think it's actually going to get to its final resting place. And two, would it be a good idea for investors, yeah, I think it would be worth considering if it kept the payment lower. Okay, that's that as the other piece to cutting off the hedge funds, the big, you know, BlackRock, some of the big players, and giving them access to the residential housing and first right of infusion or etc, because they've got such deep pockets. You. It's such a small amount to what our individual investors are going to have access to that I don't think that that moves the needle either. So I don't know if I'm answering the question, except to say anything that they're going to tout, I would wait for it to actually become written in stone and pass by the rest of the powers that be before I would get excited about or concerned about any of it. Keith Weinhold 20:21 This is pretty parallel with what I've been telling our listeners. All these things seem to make splashy news, but I haven't seen anything that's going to make a deep impact yet, whether it's the 50 year mortgage, which probably won't even come to fruition, or if it's doing these mortgage bond buy downs in order to bring more liquidity into the market and bring rates down, or if it sees any of these other things being discussed with these institutional investors, since they already own such a smaller proportion of the housing market than a lot of people think, we'll discuss seasoned real estate investors and their loans shortly, but first for newer real estate investors, you Know, chili, I kind of think of four or more loan types that a beginner should be familiar with. I think of conventional loans, dscrs, fix and flips and then bridge loans, the first one with conventional loans. What are the basics that someone should know? Caeli Ridge 21:17 So first of all, you should know that there are 10 of these. We call them the golden tickets. I'm pretty sure I coined this, okay, 100 years ago, the golden ticket. We call the conventional aka Fannie Freddie, aka agency. They go by different names, but they all mean the same thing. We call them the golden tickets because it's the highest leverage and typically at the lowest interest rate you can find. Now I do have a hook in our conversation today about that. I'll get we'll get to it. There are 10 of these per qualified individual. So one of the first things that I would tell somebody is, is that if they are a partnership or a husband and wife team, you want to make sure to keep the debt obligation separate, because if you want to maximize these golden tickets, let's just say it's a husband and wife team. You each have, per qualification access to 10, and that includes a primary residence. In fact, let me just take a quick second and define what counts in the 10, because some people get this wrong. So the 10 golden tickets are counted by any residential property, single family, up to four Plex that has a loan on it, where the loan is in the individual name or personally guaranteed by the individual. That's where people get tied up. So if they went out and got a kind of more of a commercial type loan, that was in an LLC name, for example, but they signed a personal guarantee, per Fannie Freddie guidelines, that particular mortgage is going to count against the 10. So those would be some of the first pieces of news or detail I would give them about conventional Keith Weinhold 22:40 for married couples, don't take ownership in both the husband and wife's name, either the husband or the wife. That way, you can get to 20 rather than 10. And yes, you do have to be mindful that your primary residence does count in that 10 or 20, whatever it might be. Anything else quickly with conventional loans, LTVs so on, Caeli Ridge 23:01 yeah, LTV can go to 85% loan to value. So you get a little bit extra than you're going to get in some of the other loan product types. It will have PMI, private mortgage insurance, anything over 80% LTV will always have PMI on a more conforming, conventional basis. So keep that in mind. But the factor is pretty low. I would encourage people that are looking to stretch the almighty dollar. Do the math. Look at the 85 with PMI against, say, an 80% and see what are you giving up versus what you're getting. And then qualification stuff, you guys, my dumb joke, it's Keith's favorite. I'm sure vials of blood and DNA samples are sort of required for the Fannie Freddie loans. So just be prepared to supply or submit us the tax returns and pay stubs and bank statements and and all that stuff, Keith Weinhold 23:44 you'll feel like you're getting fingerprinted almost for a conventional loan qualification. And the second one that I brought up DSCR loans, that's short for debt service coverage ratio. And these mortgages are pretty standard for rental properties. They're underwritten based on a property's income potential. So you know, the way I think of dscrs Chaley from the lender's perspective, is that sustainable cash flow is what matters. The rent has got to support the property's monthly mortgage payments. So we talked to us more about dscrs. Caeli Ridge 24:15 Yeah, I love this product, and this is for somebody that either can't fit into the conventional Fannie Freddie box, or maybe they've exhausted their golden tickets and they're graduating and moving on. This is a great option that will reduce the amount of vials of blood and DNA samples that you're going to have to submit. It still provides for a 30 year fixed mortgage. The leverage is roughly the same, 80% in most cases, on a purchase. And to your point, the gross income divided by the principal, interest, taxes, insurance and Hoa, if it's applicable, is the simple formula, the easy method I'll give people, just to kind of solidify that math, is that if the gross rents were $1,000 a month, and if the PI TI was $1,000 a month, when you divide that, your debt service is 1.0 Now you can go as low, believe it or not, as low as a point seven, five, DSCR, they have those available be ready for the interest rate to get a little hair on it. Okay, it's going to be higher than what the 1.0 and above is going to be. But you can go as low as point seven, five, those are going to be for the investors that have found a property, maybe in distress, and they cannot show the current market value rent, perhaps, and it's on the low end. So you can still get that done at point seven, five, just be ready for a higher interest rate. Keith Weinhold 25:30 So the DSCR loan an alternative for you, which might be especially useful, like Chaley touched on, if you've already exhausted your 10 golden ticket. Fannie Freddie loans, a DSCR of 1.2 for example, means that your rent income needs to exceed your principal, interest, taxes and insurance payment by 20% or more. That's what we're talking about here. And then Chile, those were more of loans for the buy and hold type of investor. Tell us about fix and flip loans. Caeli Ridge 26:03 Yeah. So these are shorter term loan that will allow you to include not just the purchase of the property, but also some renovation or rehab money if you need that. And we're going to be looking at an ARV after repair value. So you've got a purchase price, you've got your renovation or scope of work budget. And then we're looking for an ARV with the ARV to be somewhere around 75% so what that means, if you've not heard of this before, you're going to take, let's say, $100,000 value. And if we want the ARV to be at 75% we're going to lend 75,000 is kind of the mix there. Those are quicker loans. You're going to be paying much higher rates on those. You know, between nine and 13% depending on the deal. The points are also going to be a little bit higher, but a great option for that quick turn and burn where you know your deal has enough skin in it and you can recapture all your capital and make a good tidy profit on it. Keith Weinhold 26:53 We're talking about basically fixer upper loans here with Chaley Ridge, the president of ridge lending group, yes, these are jalopies that rarely qualify for traditional bank financing. And oftentimes, when I think about these fix and flip loans, I'm thinking that often there is interest only flexibility with regard to those higher interest rates that you need to pay. And I think of it as, you know, a shorter term loan that you've got during your renovation period, oftentimes 12 to 18 months. Does that sound about right? Caeli Ridge 27:24 Yeah, 6,18, even 24 months. And to your point, yes, all of these are going to be interest only. And one of the cool things is about these loans is, is that, if there's enough room in the deal, right, based on what you need to borrow and what we think the ARV is expected to be, you don't even actually have to be making those interest payments. You can build it into the final payout when we go to refinance you out of this short term loan, or you simply sell the property and pay off that loan. So for example, let's say that your interest only payment is $1,000 a month, okay? And the value of the property is going to be $200,000 and you only took 120 okay, we're going to be well within that 75% ARV. You can build in that $1,000 say, for 12 months, there's $12,000 and just add it to the outstanding balance that you started by owing, and not have to be making those payments on an ongoing basis. It's not rented, right? So it might be nice to be able to factor that in to the actual payoff when you go to refinance that if it's a fix and hold versus go to sell it on a fix and flip. Keith Weinhold 28:31 Now, long term, we know that the big gains for real estate investors really come from that leveraged appreciation getting that loan. But sometimes there are situations where we might want to act as a cash buyer. And that brings up this fourth of four loan types that I brought up, the bridge loan, short term loans that can temporarily finance a property purchase while you're waiting for a longer term loan to come through. The bridge loan, so I think of it as a pretty speedy loan, if you sort of want to act like you're an all cash buyer. Caeli Ridge 29:04 Yeah, I like this, and in many ways it's similar to a fix and flip interest only. Obviously the term is going to be shorter, six months, 12 months, up to 24 months, and based on largely relationship, the bridge loan for the purpose that you described, really comes into play for an investor that we know and we're comfortable with, we can fund those inside a week, for somebody that we've done several of these loans for. So for those that need that really quick turn, once you've established yourself as a seasoned, experienced investor in that space, those are pretty slick and easy to get through. Keith Weinhold 29:39 Why would someone use a bridge loan, rather than a fix and flip loan. Caeli Ridge 29:43 So if they're in a very competitive market, that might be another option, because those are going to be faster. The bridge loan is going to be faster where they need to say that they're an all cash buyer and they only need seven days to close, or whatever it is. It depends on the municipality in the state. But what if you're at the courthouse steps? And you need cash quickly. Sometimes it needs to be immediate. So that might not be applicable in this case, but if you put the bid in, and you win the bid, and you've got, you know, three days to perform, usually we can get those done. So it's circumstantial. Those would be two variables or two scenarios that that would apply to Keith Weinhold 30:17 the bridge loan gives you the advantage of speed, but that speed can come at a cost. Caeli Ridge 30:22 Oh yeah, yeah, you're going to be paying probably three points, maybe four points, and it's short term interest, 13, 14% Keith Weinhold 30:30 so with these four loan types that we've discussed, conventional DSCR, fix and flip and bridge loans, you can kind of see that there is a loan for most every investment scenario, and there's no reason to rely on only one type, a flipper. Might start with a short term fix and flip loan or a bridge loan and then later refinance to a DSCR or a conventional loan. So consider mixing and matching based on your needs. You're listening to get rich education. We're talking with Ridge leninger, President Taylor Ridge, more when we come back, including steps for more advanced investors, I'm your host. Keith Weinhold Keith Weinhold 31:06 mid south homebuyers with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your return on investment as their North Star. It's no wonder smart investors line up to get their completely renovated income properties like it's the newest iPhone, headquartered in Memphis, with their globally attractive cash flows, mid south has an A plus rating with a better business bureau and 4000 houses renovated. There is zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate with an industry leading three and a half year average renter term. Every home they offer you will have brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter in an astounding price range, 100 to 150k GET TO KNOW Mid South. Enjoy cash flow from day one at mid southhomebuyers.com that's mid southhomebuyers.com Keith Weinhold 32:08 you know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds. Don't keep up when true inflation eats six or 7% of your wealth. Every single year I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest, start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre or GRE, or send a text now it's 1-937-795-8989, yep, text their freedom coach, directly again. 1-937-795-8989, Keith Weinhold 33:19 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President chailey Ridge personally, while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com Blair Singer 33:53 this is Rich Dad, sales advisor, Blair singer. Listen to get rich education with Keith Weinhold. And above all, don't quit your Daydream. Keith Weinhold 34:09 Welcome back to get rich education chili when we go beyond this beginner stage that we've been discussing, how about for an investor just trying to scale to 10 doors worth of one to four unit properties. Now, are there any strategies there or more of a loan order that you would recommend in getting up to your first 10 you know Caeli Ridge 34:29 I think the strategy starts with calling your lender, ideally Ridge lending group, and having that deep strategy call that, that discovery call, so that we can really understand and plant some seeds that say, Okay, Mr. Jones, these are your qualifications today. This is where you want to be in a year or 10 years. These are the steps that are going to be important that we are mindful of and we take to accomplish and reach those milestones. It's really important to have that baseline understanding of what is your debt to income ratio on day one, what are your assets? Sets. What is your credit? Where do you want to be in a year or 10 years? Right? Do you want 10 properties in a year's time? It's going to be a very different conversation than if you're going to slow roll this and want to establish 10 purchases or 10 investment properties over 10 years. So identifying those details is going to be part one, and then next, in terms of order, I would say, largely the higher price point properties, typically, I would say, put those in one through six. And the reason that I'm saying that is is that the underwriting guidelines under conventional financing, they will change based on how many finance properties you have. So of all of the inner working guidelines and things that go into securing a conventional mortgage loan, the three top most heavily weighted are going to be debt to income ratio, credit score and assets. Okay? And within each one of those, the marker or the qualification guideline changes as you evolve and acquire more property. So the higher up the ring you go, or the rung that you go to 10, the more restrictive the guidelines are going to be. So I would typically say, get the higher price point properties go into maybe one to four, one to six, if that's part of your strategy and your diversification of portfolio ownership. Then after you've established having two or three or four properties and that higher price point it as it gets harder to qualify, potentially, if your debt to income ratio is a little bit tight, you've got the smaller loan sizes that might be less impactful in debt to income ratio. All of this is very subjective to the individual's qualifications and needs, of course, but that might be one rule of thumb that I would take Keith Weinhold 36:39 gosh, this This is absolute gold in helping you structure the architecture of a growing income property portfolio. And we're coming up on this Super Bowl, and whatever mortgage lender advertises for the Super Bowl or has some big, splashy campaign nationally, you know they are not the ones that are going to have conversations like this for you, they might be fine for buying a primary residence, but this is why you want to have a long term strategy and work with a lender that's aligned with you on exactly that sort of thing. And Chaley, is there a specific way in which one can avoid hitting the Fannie Freddie loan ceilings too early if you haven't already touched on it. Caeli Ridge 37:22 Yeah, very good question. You know, I think that this is going to come down to a debt to income ratio conversation. It's easy enough to ensure that we contain assets and credit. Those are easier conversations. The debt to income ratio is the piece that's more complicated and can get away from an investor without them even knowing it. You don't know what you don't know, right? So I would say that debt to income ratio and making sure that your lender again, hopefully Ridge lending, because we know this like we know our own faces, making sure they know how to structure and provide feedback and consult on that schedule E, part of the beauty of real estate investing is the tax deductions. Right? Many people get into real estate investing, not for the cash flow, not even for the appreciation, but for that tax strategy, because they're high wage earners, or whatever it may be, and they're sick of paying x in taxes. So the debt to income ratio is key in scaling and making sure you can continue to qualify for those loans. The conversations that we have with our clients really go deep about where we can maximize our deductions to ensure that we get the tax benefit without precluding our qualification on a conventional underwriting basis in the DTI category. Keith Weinhold 38:35 Now, during my growth as an investor, when I got above 10 doors, one gets above 20 doors. When one gets to 216 doors, I began where I needed to qualify more on a DSCR basis, where the lender is looking at the properties qualification, more so than me. So are there any other thoughts with regard to how one can set themselves up for success in really going big and well beyond 10 doors Caeli Ridge 39:03 absolutely so once we've exhausted the Fannie Freddie, and I think one of the real value adds about Ridge is that we are not a one size fits all, and we are extremely holistic versus transactional. So having that first conversation and understanding what those goals are, so that we can pivot as we need to maximize the golden tickets, whether that be 10 to 20, right? If you're in a marriage or a partnership or whatever, and then setting up for the DSCR loans when the time comes, and taking advantage of those, there is no limit to how many DSCR loans we can get for one individual. We have yet to file an individual that we've had to say no, and we've done quite a few of the high, high acquisition investors, so I don't expect that to be an issue, but yeah, I think it's about planning, planting those seeds, creating roadmaps together and have those smart discovery conversations. Keith Weinhold 39:50 Now, as you grow, one way you might diversify is to have perhaps at least a part of your portfolio in short term rentals. So what I. Comes to getting loans for sort of Airbnb or VRBO type properties. What does one look for there? How much does the landscape change versus the longer term rentals that we've mostly been talking about here? Caeli Ridge 40:10 Yeah, I think that the differences are going to be about purchase versus refinance. If we're just talking about purchases, let's kind of try to keep it in one lane. If we're talking about purchasing a short term rental, you may be limited on leverage. You might lose a little bit of leverage, 5% let's say you could get to 75% and maybe on a short term they're going to back it off to 70% LTV, so there may be reduction in that loan to value. And the way in which we're going to quantify the income is absolutely important to share with your listeners on a purchase transaction, we have access to things like an appraisal. An appraisal is going to give us some median rental income, whether it be long term or short term, that we will use to offset a new mortgage payment if that's needed for the individual's debt to income ratio qualification. Now, if they don't need the rental income to qualify, then it's a non issue. But if they do, like most of us, need that rental income to absorb this new mortgage payment that we are securing for them, how that's going to quantify is important. So if it's not in a short term rental area, let's just say it's kind of off the beaten path, and there may not be enough data points to support the income that you need. It's important to know that up front versus way down the rabbit hole, when you paid for appraisals and you're all the way through the transaction and earnest money might be off the table if you had to cancel that kind of thing. So really important to understand the numbers in advance, I would say, when we talk about short term rentals and how the income is going to be quantified from an underwriting perspective, Keith Weinhold 41:43 why does a borrower often need to make a higher down payment on a short term rental than they do a long term rental? Caeli Ridge 41:49 You know, I think that in secondary markets, as we talk about mortgage backed securities and things like that, it's looked at as a higher risk. A short term rental is going to be a higher risk than just the stable long term, long burn tenant is going to be there and they've got their lease for a year, two years or whatever, at a time, the short term rental is more volatile and it's seasonal. It can be I mean, there's all those different factors, so higher risk means more skin in the game for the investor. Keith Weinhold 42:13 That makes a lot of sense. Does that higher risk also translate into a higher mortgage rate for short term rentals than long term rentals? Caeli Ridge 42:18 Fannie Freddie versus DSCR The answer is no. On the Fannie Freddie side, the interest rate's not going to change on a DSCR loan. Yes, it can be slightly higher, usually about about a quarter of a percentage point on a short term versus a long term. Keith Weinhold 42:33 Now, are there any particular markets that lenders want to avoid with short term rental loans? Caeli Ridge 42:39 No, as long as the property is habitable, and all the other metrics fit Qualifications and Credit and assets and all that stuff. No, there isn't a market that we're going to have any issues with now. We do get the notifications for natural disaster areas, and as that relates to the appraisal and things like that, if it's in a natural disaster area or zone, we may have to hold funding until after the disaster is over, and then we can go and take more pictures and make sure it's still standing and there's no major issues. But otherwise, aside from that, as long as it's habitable, no, there is no market restriction. Keith Weinhold 43:12 Yes, with that variability of income for short term rentals, you can understand how a lender would be more careful in making a loan, and would want you, the borrower, to put more skin in the game for a short term rental. Well, Caeli, overall, what should an investor do in the next 24 hours to make themselves more lendable before contacting someone like you? Caeli Ridge 43:36 I would say the answer is sticky, but call rich lending group. That's how you're going to make yourself more lendable. And the reason that I can say that is is that everybody's qualifications and needs and goals are inherently different. So calling someone that understands this landscape and can navigate the battleship in the creek like I like to say, that's the visual aid for those of you that need the visual is the first key. And with that conversation, we're going to be able to identify for you specifically what you would need to do to become more lendable. And it may be nothing Keith Weinhold 44:07 well over there, Chaley, you're growing. You do loans in almost all 50 states. The GRE podcast has more than 5.8 million listener downloads, and you have helped countless GRE listeners acquire smart investor loans for fully a decade now. Just amazing. So talk to us about all of the loan types that you offer investors there at ridge. Caeli Ridge 44:30 My gosh. Okay, so I think one of the real value adds for us is that we have such a diverse menu of loan products. We touched on a few of them already. So we've got the conventional Fannie Mae Freddie, Mac stuff. We've got our DSCR loans. We have bank statement loans, asset depletion loans. I can touch on those if you want. Keith, we have our short term bridge fix and flip. We have our All In One my favorite, first lien, HELOC we have second lien HELOCs. We have commercial loan products, and commercial can apply to residential and commercial property. A cross collateralization, commercial for residential properties. That just means, if you're putting 10 single families into one blanket loan, that would be cross collateralization, or if you're buying a storage unit that's straight commercial, and probably even more than that, ground up construction, there's really not a limit to the loan products that we offer, specifically for investors. The only thing we don't have, I would say in our arsenal is bare land loans. Those are hard to come by Keith Weinhold 45:24 It sounds like you recommend a call in order to get some of that back and forth, to learn how you can best help that investor. But tell us about all the ways that someone Caeli Ridge 45:32 can get a hold of you. Yes, there's a few ways. Of course, our website, ridgeline group.com, you can call us toll free at 855-747434385, 747-434-3855, 74, Ridge. Or feel free to email us info at Ridge lending group.com Keith Weinhold 45:49 and you might get lucky. Hey, spin the wheel. Chaele does get on the phone and talk to individual investors herself too. So Chaley, it's been valuable as always to cover all these different loan types for beginners, and then what one does when they advance beyond that. It's been great having you back on the show. Caeli Ridge 46:09 Thank you, Keith. I appreciate you. Keith Weinhold 46:16 Oh yeah, a lot to learn from Chaley today. You've got mortgage rates three quarters to 1% lower than they were a year ago. At this time, in fact, last month, they ticked below 6% for the first time in years, and their lowest level in over three years. But when you introduce geopolitical uncertainty, well, that tends to make rates tick up again. Now, just what does happen when you have a lower overall rate trend like we have? Well, in this cycle, it's already spurred an increase in housing sales volume. It surged to 4.3 5 million in the latest reporting month, and that is the hottest annualized pace in nearly three years. Some of the same people who said, wait until rates fall, they're about to realize that prices didn't wait. Demand comes back fast. Inventory doesn't if mortgage rates take another leg lower, we could see quite a refinance wave in balanced markets or in supply constrained markets, bidding wars could follow. Now I've shared with you before that I totally do not predict interest rates. I don't know if anyone should. It is a great way to be fantastically wrong and supremely waste a lot of people's time. Instead, I think it's more efficacious for you to be able to interpret the signs that can trigger a further rate drop. Those signs are a weak jobs report that tends to bring lower rates because the labor market needs the help. So does softening wage growth, GDP below expectations, inflation continuing to cool, or a pickup in US Treasury demand. These are all signs that can lead to even lower rates. In fact, right now, with already lower rates and higher wages, real estate is more affordable than it's been in about three years, but overall, longer term, yeah, income properties still feel somewhat less affordable. It's less affordable than it was in pre pandemic times. That's for real for US investors, though, affordability is less about the price of the property, it's about whether the property pays for itself and grows your net worth while inflation does the heavy lifting for you, that's why it still works for us as investors. Higher prices don't kill investors inaction during inflation does you're not so much buying a say, 350k property. You're controlling it with 70k while your tenant and inflation do the rest. We don't rely on hope or appreciation. We start with inflation, tax benefits and debt pay down, and then appreciation typically happens too. A lot of times, the question for us goes beyond whether or not a property is affordable. The question is whether owning an investment property is better than inflation compounding against us, which is an investor mindset for this era, Ridge landing gear. President Chaley Ridge is a regular guest here because the mortgage space is so dynamic and things change a lot. For that reason, we expect to have her with us every few months this year, I'll see you next week. I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 2 50:01 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively Keith Weinhold 50:30 The preceding program was brought to you by your home for wealth building, getricheducation.com
Luna Reggaeton Nights FANTASTiC | 30 September 2025 | 159.78 MB ‘LUNA’ is an All-In-One sample pack loaded with 396 MB of content, including 77 WAV loops, 16 MIDI files, […]
【想看影片版？直接點這裡看更多！YouTube：https://youtu.be/p8IUtPnNYRI】 你有沒有想過，什麼是理想的長照？ 走過弘道老人福利基金會執行長、台中市副市長到照服員（居服員）的角色轉換，林依瑩從8年前前進台中和平達觀部落成立伯拉罕共生照顯勞動合作的ALL IN ONE實作成功經驗，進而與黃子單在宅醫師共同創立全國性的鄰里123共生協會。 林依瑩觀察到，當前的長照與醫療服務，雖然各自完善，卻「各做各的」，造成照護品質斷層。因此她試圖將不同場域串聯起來，希望建置一套可複製、可調整的照顧藍圖。 而且她認為，最好的長照，是讓病人從失能走向復能，脫離需要被照顧的生活，翻轉「失能等於不可逆退化」的既定印象。共生照顧強調長者及被照顧者的自主權，不完全取代其生活行動，讓他們成為生活的行動者，進而延緩身心退化，提升存在感與生活意義。 本集金句： 其實我們現在在做照服員，我們有在推一個「照顧支持員」，支持他，所以你要看見他的能力，所以我們現在都要鼓勵我們照服員不要做太多，你要忍住，不要動作這麼快幫他做完，而是要鼓勵他「我們一起來做」。 #林依瑩 #鄰里123共生協會 #長照 #共生照顧 #復能 #熟齡 鄰里123｜成為彼此的力量 https://www.together123.org/ @鄰里123｜成為彼此的力量 https://www.facebook.com/together2025123/ #寶島聯播網 #寶島有意思 ---寶島有意思 準時放送--- 19：00~~~> 北部-寶島新聲 FM98.5 嘉義-嘉義之音FM91.3 高雄-主人電台FM96.9 21：00~~~> 中部-大千電台 FM99.1 ---------- 寶島有意思》挖掘台灣有意思的在地人、事、物。 寶島聯播網》以「本土電台」為品牌定位，用心傳承台灣在地文化，傳遞台語流行音樂之美。https://www.baodaoradio.com.tw/ 寶島好康商城》堅持提供高品質、安心、實惠的好康產品。https://www.bodogo.com.tw/ 加入會員，支持節目： https://clw4248xv113d01wg7s4h2xnr.firstory.io/join 留言告訴我你對這一集的想法： https://open.firstory.me/user/clw4248xv113d01wg7s4h2xnr/comments Powered by Firstory Hosting
Dark Portal Trap FANTASTiC | 30 October 2025 | 129.38 MB ‘Dark Portal Trap’ is an All-In-One sample pack loaded with 304 MB of content, including 65 WAV loops, 28 […]
Se sei un property manager il tuo bene primario è il TEMPO. Avere un software gestionale non basta, devi scegliere quello che ti aiuta a svolgere - in automatico - il maggior numero di operazioni. Qui ti parlo di Smartpms - forse lo conoscevi con il suo nome precedente CiaoBooking - il software gestionale All-In-One che automatizza il 90% delle tue attività. Dal Booking engine alla gestione delle pulizie, Smartpms include tutti gli strumenti che ti servono e può farti risparmiare fino a 60 ore di lavoro al mese. Vuoi saperne di più Richiedi una demo gratuita e senza impegno → https://www.smartness.com/it/landing/optin-demo-smartpms?utm_source=YouTube&utm_medium=Organic&utm_campaign=YouTube+Organic+JacopoTartaglia
Big ep this week, Butts has heard the plummers and issues an apology to you all. ALSO: - Snake eyes slithers in and stirs up Butts - Clarry's run in with Cleary - A bit of filth chat & more This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
It's a packed episode this week with Reece Plumbing / Auspex and Melbourne Racing Club getting on board! We chat to our Plumber's Plummer 'James Binney' who is a mate of Butts and a local cricket star! Plenty of laughs in this for you as we also preview the Grand Final with some Cats radio, but Buttsy is FILTHY with Benny over a comment he made out the Cats.... This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Yes Plums, Finals footy is well and truly in the air, we unpack plenty of this week's episode with Paul Connors & Xander. We chat all things Spring Racing Carnival with our great mates at Melbourne Racing Club getting onboard to this sprung. Preview ahead of the Prelim finals this weekend as well as chat through the Dad-life dilemma Butts is having with Nerf guns. This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
September Sniff in full swing and the boys tackle these issues: We chat all things: - Butts' weird trip to Mansfield with Ted - Unpacking the Essendon & Merrett situation - Ted's started swearing - Local Grand Finals on this weekend (Including our CatMan Benny!) This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
YESSSSSSSS Big show this week with the first time all 3 of the boys in studio together! We chat all things: - Mason Cox return - Butts defends why he never went to Europe as a youngster - Drapes' big dilemma - Paul Connors coming on the pod - 200Plus Greyhound update This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
BIG episode of the recovery this week, Butts & Benny discuss: - The Legends game - Butts almost being a late in - Butt's saved an almost train wreck on the news & more This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Plummers we've got a big one in store for you today. Butts & Benny recap their Patreon pod with the rising star of the media world, Xander McGuire. They also chat about this weeks main ep, punting on Turkish races, Grand final memories & more! This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Oh boy Plummers this is a BIG episode of the Recovery! Buttsy is hot off his presser blue with Ross the boss. Butts & Benny talk: - Ross V Butts - Behind the scenes of the news - The September sniff returning & more This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Plummers we are back with another Recovery! Butts & Benny discuss: - Buttsy's delayed concussion - Benny tests Butts' Freo knowledge - Losing your job & more! This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Butts is all ready for Tassie Plummers, the boys discuss: - His match lead in - Another Tom Lynch encounter - Old footy coverage - Concussions & lots more! This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Yesss Plummers, BIG long episode of the recovery today!Butts & Benny discuss: Butts is in concussion protocols The Main ep without Butts Country nightclub stories Butts Noosa trip Chicken salt slander & much more This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Yessss Plummers, back with another big episode of the recovery! Butts & Benny chat: - Hollywood star recap - Ted joins us and flexes his commentating skills - Butts takes us inside a big teams on 10 meeting This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
A true recovery ep today Plummers! Butts & Benny Discuss: - The 200Plus live show - Benny's return to footy & Butts Tassie cashie - Butts commentary process This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Huge one today Plummers! Butts & Benny talk: - Butts training for his Tassie cashie - The De Goey incident - Live show preview This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Big episode today: - Butts is getting jabbed for Tassie - Could we get Butts in the EJ Whitten game? - Live show meeting recap - The boys talk Voss drama This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
Big Recovery with plenty on today's agenda! - Two Geelong fans talk Cats - Buttsy's BIG news story - 200Plus plans for the year ahead Benny's first episode taking over from Moff while he's on sabbatical. Plenty of gold from Butts to come! This episode of the "Recovery” is brought to you by Salt Movement & Recovery — Melbourne's ALL-IN-ONE wellness hub! Train YOUR way with fully customisable memberships: • High-Performance Gym Floor • Recovery Zone • Normatec Compression Lounge • Group Fitness Classes Whether you're recovering from a brutal game like Chom and Drapes, pumping iron in the gym like me, or sweating off magnums like Butts — Salt Movement & Recovery has you covered. Ready to train smarter and recover better? Hit up saltfit.com.au and get moving today! Quote '200Plus' when signing up at reception and you'll get a $0 sign up fee + the first 2 weeks free! Send us your voice messages here: https://memo.fm/200pluspodcast/ Produced by Josh Moffitt 200 PLUS Instagram: https://www.instagram.com/200pluspod/ Sam Draper: www.instagram.com/drvper/ Nick Butler: https://www.instagram.com/nick_butler10/ Charlie Comben: https://www.instagram.com/charliecomben/ Clubby Sports: https://www.instagram.com/ClubbySports Producey: https://producey.com/
This is a special episode, as I bring back my big brother and business mentor, James Wedmore, to the show! I recently asked on Instagram what you'd like us to discuss, and every single response was for the "woo", so that's exactly what we're diving into today. In this episode, James shares his journey of embracing his spiritual side and explains why it's crucial for entrepreneurs to balance both feminine and masculine energies. We explore how his relationships evolved as he grew in life and business, and he reveals his "cheat code" for success, detailing how reframing challenges into opportunities propelled him forward. We also examine common pitfalls in manifestation, underscore the importance of setting the right intention, and discuss the sacred laws that guide him daily. Make sure you stay until the end, where James and I even talk about crystals and dreams! We truly enjoyed recording this conversation, and we believe it will help you balance your drive with your divine, redefining what's possible in your business and life. Has something we shared in this episode resonated with you, or inspired you to interact with the pet you love in a different way? We'd love to hear from you, so tag us or share your thoughts by DM on Instagram, @jill_foubister and @jameswedmore. If it wasn't for my big brother's free 3-part training, The Rise of the Digital CEO, I wouldn't have given myself permission to go all in on my dreams back in 2021, because that's what I wanted. If starting or growing a business has been on your heart as well, James' once-a-year live extravaganza starts this week on Thursday, May 29th. To step into that role of a Digital CEO you were meant to be, you can register for The Rise of the Digital CEO right now and grab your spot by clicking HERE! My powerful spiritual toolbox that will deepen your connection to your higher self and expand your consciousness is available now! The Ascension Keys is 45 of the most powerful ASCENSION TOOLS...now ALL IN ONE deck, and you can get them and unlock your ascension at https://www.jilltrainings.com/AscensionKeys. I'm so excited for these because everyone needs a spiritual toolbool, and this will literally change your life! When you don't know how you sense energy, it's easy to think, "I'm not intuitive." "I'm just not gifted." or worse, "I can't trust myself." The Universe is trying to communicate to you. You've just been unaware of the WAY the messages are coming in. Take my 78 second quiz to reveal your dominant intuitive modality instantly. No more wondering, waiting or guessing! Unlocking your intuition starts right now at https://www.jilltrainings.com/quiz! Thanks so much for listening! If you haven't yet done so, I would love for you to subscribe and leave a rating and review on your favorite podcast app, and I'll see you back here very soon with a brand-new episode. For full show notes and links, visit: www.jilltrainings.com/blog/41
Keith discusses the mortgage landscape, emphasizing the benefits of cash-out refinances with Ridge Lending Group President, Caeli Ridge. They unpack the Trump administration's plan to privatize Fannie Mae and Freddie Mac, which could impact the mortgage market. Investors are discovering powerful strategies to leverage property equity and optimize their financial portfolios. By understanding innovative borrowing techniques, savvy real estate investors can access tax-efficient capital and create sustainable wealth-building opportunities. Consider working with a lender that specializes in investor-focused loan products and provides comprehensive education on the options available. Resources: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Show Notes: GetRichEducation.com/554 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, we're talking about the mortgage loan landscape in this era. Is title insurance a rip off today? Is it worth it for you to pay discount points at the closing table to get a lower interest rate? Learn about how a cash out refinance. Is your ability to borrow tax free, much like a billionaire does, and what are the dramatic changes that the current administration could take to alter the mortgage environment for years, all today on get rich education. Speaker 1 0:34 Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, who delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Corey Coates 1:20 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:36 Welcome to GRE from Liverpool, England to Livermore, California and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education, the voice of real estate. Since 2014 it's been estimated that there are about 800 billionaires in USA, and hey, you might be one of them, but there's a pretty good chance that you aren't well. When it comes to lending and mortgages, you can actually take a page out of a billionaires playbook and do something very much like what they do whenever you perform a cash out refinance if you've got dead equity in a property, and you can borrow against your own home to a greater extent than you can against your rental properties, even either one of those is a tax free event, you've now got tax free cash, and you can use that money on anything from investing it in the stock market To using your proceeds for a down payment on more real estate or buying a boat or going to Disneyland, and you didn't have to relinquish your asset at all. You continue to hold on to the asset. Now, the mechanics are somewhat different, sure, but when you do a cash out refinance like this, it's a bit like billionaires borrowing against their stock. Instead, you're borrowing against the value of your real estate. In fact, listening to this short clip, it's Trevor Noah talking about how billionaires do exactly this, and you'll notice that the crowd laughs because it actually sounds funny that you can really do this, Speaker 2 3:22 the shares that they hold in a company, because it is an unrealized gain, right? So they go like, yeah, you're worth 300 billion, but we can't tax you on those stocks because you haven't sold the shares, so you don't, like, have the money. And I understand the argument. They go like, No, you don't have it. It's just what it's worth, because it will also crash, and then you have nothing, so we can't tax you on it. Then I'm like, Okay, I understand that. Then Elon Musk offers to buy Twitter, all right? He offers to buy it. And then he says in his offer, he goes, I'm putting up my Tesla stock as collateral. Then I'm like, so you do have it? Then he's like, no, no, no, no, I don't have it. I don't have it. I'm just gonna say so then they accept the offer. He now buys Twitter. Now that they've accepted his offer, he now goes to private equity and banks and like other rich people and whatever. He goes like, can you guys borrow me the money to buy Twitter? And then he's like, I'm I want to buy Twitter because I don't want to sell any of my Tesla shares, so I want to use your money to buy Twitter. And then it's like, but then they're like, What are we loaning it against? And he's like, Well, my Tesla shares. Then I'm going, like, Wait, so, so you, you can, you can buy a thing based on what you have, yes, but when we want to tax you, you can say, I don't have it. Do you hear what I'm saying here? Keith Weinhold 4:46 Yeah, you can borrow against your real estate if you have substantial equity in it. We'll talk about just how much now billionaires borrow against their stock holdings using financial products like portfolio lines of credit or. For securities based loans. These are the names for how they do it, essentially taking out loans and using their stock as collateral. And this allows them to access cash without selling their assets and without incurring capital gains taxes, much like you can so you can say that you don't want to sell your property in you don't have to go through some capital raising round either, like a billionaire might have to when they're borrowing against their stock. You can just have a more standard mortgage application for your cash out refinance, and you don't even have to have a huge portfolio. I mean, even if you just own one 500k property with 50% equity in it, you can do this so it's available to most any credit worthy person, again, tax free. But of course, this doesn't mean that you always should take this windfall, because it often creates a higher monthly payment. You've got to be the one that makes that decision in controlling your cash flows, that is key. I'll talk about that some more with today's terrific guests. Also the Trump administration's desire to privatize Fannie Mae and Freddie Mac we're going to talk about that and what that would do to the mortgage landscape. I am in the USA today, next week, I'll be bringing you the show from London, England for the first time, the following week, from Edinburgh, Scotland. Yes, the mobile GRE Studio will be in effect. I typically set it up myself, and I usually don't need the help of the hotel staff for an appropriate Sound Studio either. And then shortly after that, I will be in Anchorage, Alaska, where I'm competing in these fantastic mountain running races. And then by next month, that's where I hope to meet up with you in person for nine days of learning and fun, as I'll be in Miami as part of the faculty for the terrific real estate guys invest or summon at sea, where we're all going to disembark from Miami and go to St Thomas, St Martin and the Bahamas, and then after that great event, it is a long flight from Miami back to Anchorage again. And that's got to be one of the longer domestic flights, not just in the nation, but in the world, Miami to Anchorage, and then shortly after that, I will be in the Great Northeast early this summer, New York and Pennsylvania, including for my high school reunion. So I'll really be putting the miles on these next couple months. One interesting thing that I've noticed for next week's show, where I'll be joining you from London, is how much I'm paying per night at both my hotel in England and then later my hotel in Scotland. That's obviously a short term real estate transaction. These are some of the more expensive places in the world, really. So next week and then the week after, I just think you'll find it interesting. I'll tell you how much I'm spending per night in both London and then Edinburgh. And they're both prime locations, where the hotels are the center of London and then right on Edinburgh's Royal Mile. That is in future weeks as for today, let's talk about the mortgage landscape with this week's familiar and terrific guest. I'd like to welcome in one of the more recurrent guests in our history, so she needs little introduction. She's the longtime president of the mortgage company that's created more financial freedom for real estate investors than any lender in the nation because they specialize in income property loans. It's where I get my own loans for my own rental properties. Ridge lending group. Hey, welcome back to GRE Caeli ridge. Caeli Ridge 8:57 Thank you, Keith. You know I love being here with you and your listeners. I appreciate you having me. Keith Weinhold 9:01 You've helped us for so long. For example, who can forget way back in episode 56 Yeah, that's a deep scroll back when Chaley broke down each line of a good faith estimate for us, that's basically a closing statement sheet. She told us exactly what we pay for at the closing table, line by line like origination fee, recording costs and title insurance so helpful. It's just the sort of transparency that you get over there. Buyers pay for title insurance at the closing table. It is title insurance a rip off. A few years ago, a lot of people speculated that title insurance would fade away because the property's ownership could be transparent and accessible to everybody on the blockchain, but we don't really see that happening. So tell us about title insurance, and really, are we getting value in what we pay for there at the closing table? Caeli Ridge 9:54 Well, I think the first thing I would say is that it really isn't going to be an option as far as I. Know, as long as the individual is going to source institutional funding leverage use of other people's money, they're going to require the lender, aka Ridge lending, or whoever you're working with, they're going to require that title insurance that ensures their first lien position. Doing that title search, first and foremost, is going to make it clear that there isn't some cloud on title, that there isn't some mechanic lien that had been sitting out there for however many years it may have just been around. And those types of things never go away. So for a lending perspective, it's going to be real important that that title insurance is paid for and in place to protect their interests, things like judgments, tax liens, like I said, a mechanic's lien, those will automatically take a first lien position in front of a mortgage. So obviously we're not going to risk that and find ourselves in second lien position in the event of default and somebody else is getting paid before we are. So not really an option. Is it a rip off? I don't know enough about how often it's paid out, and not to speak to that, but I will tell you that it isn't a choice. Keith Weinhold 11:07 Title Insurance, like Shaylee was talking about. It protects against fraud related to the property's ownership, someone else claiming rights to the property, and this title search that an insurer does it also, yeah, it looks for those liens and encumbrances, including unpaid taxes, maybe unpaid HOA dues, but yeah, mortgage lenders typically require title insurance, and if you the borrower, you might think that's annoying. Well, it does make sense, because the bank needs to protect their collateral. If a bank ever has to foreclose, they need to have access to you, the borrower, to be able to do that without any liens or ownership claims from somebody else. Caeli, how often do title insurance companies mess up or have to pay out a claim? Does that ever happen? Caeli Ridge 11:50 I mean, if I have been involved in a circumstances where that was the case, it's been so many years ago, they're pretty fastidious. I don't know that I could recall a circumstance where something had happened and the title insurance was liable. They go through the paces, man, they've got to make sure that, and they're doing deep dives and searches across nationwide to make sure that there isn't any unnecessary issue that's been placed on title Not that I'm aware of. No. Keith Weinhold 11:50 Are there any of those other items that we tend to see on a good faith estimate that have had any interesting trends or changes to them in the past few years? Caeli Ridge 12:27 Yeah, I've got a good one, and this is actually timely credit reports. So over the last couple of years, something has been happening with credit reports where, you know, maybe three, four years ago, a credit report, let's say a joint credit report, a husband and wife went and applied that credit report might cost 25 bucks. Well, now it's in excess of 100 plus. Some of what we're going to be talking about today, it kind of gets into the wish list of Jim neighbors, who is the president of the mortgage brokers Association. He's been talking to the administration about some of his wishes, and credit report fees is actually one of the things that they're wanting to attack and bringing those costs down for the consumer. So when we look at a standard Closing Disclosure today, credit report costs have increased significantly. I don't have the percentages, but by a large margin over the last couple of years, Keith Weinhold 13:21 typically not one of your bigger costs, but a little noteworthy. There one thing that people might opt and choose to have on their good faith estimates, so that borrower therefore would actually pay more out of pocket with today's higher mortgage rates. And I'm sure not to say high, because historically, they are not high. Do we see more people opting to pay discount points at the closing table to get a lower rate and talk to us about the trade offs there Caeli Ridge 13:46 right now, first and foremost, that there isn't a lot of option for investment property transactions, whether it be a purchase or refinance. There's not going to be that option where the consumer gets to choose to say, Okay, I want to pay points for a lower rate or not pay points for a higher rate the not paying points is the key here. There isn't going to be a zero point option for investment property transactions. And this gets a little bit convoluted, and then I'll circle back and answer the question of, when does it make sense to pay the points, more points versus less points? We have been in a higher rate environment that I think a lot of people have become accustomed to as a result secondary markets, where mortgage backed securities are bought and sold, they keep very close tabs on the trends and where they think things are headed. Well, something called YSP, that stands for yield, spread, premium, under normal market circumstances, a consumer can say, okay, Caeli, I don't want to pay any points. Okay, I'll take this higher interest rate, and I don't want to pay any points, because that higher interest rate is going to have YSP, yield, spread, premium to pay compensation to a lender, and you know, the other third parties that may be involved in that mortgage backed security. But. Sold and traded, etc, okay? They have that choice under normal market circumstances. Not the case right now, because when this loan sells the servicing rights, whoever is going to pick up the servicing rights, so when Mr. Jones goes to make his mortgage payment, he's going to cut a check to Mr. Cooper. That's a big one, right? Or Rocket Mortgage, or Wells Fargo, whoever the servicer is, the servicing rights are purchased at a cost. They have to pay for the servicing rights, and let's say that's 1% of this bundle of mortgage backed securities that they're purchasing. Well, they know the math is, is that that servicer is going to take about 36 months before that upfront cost is now in the black or profitable. This all will land together. Everybody, I promise you stick with me, so knowing that we've got about a 36 month window before a servicer that picked up the rights to service this mortgage is going to be profitable in a higher rate environment, as interest rates start coming down, what happens to the mortgage that they paid for the rights to service 12 months ago, 18 months ago, that thing is probably going to refinance right prior to the 36 month anniversary of profitability. So that YSP seesaw there is not going to be available for especially a non owner occupied transaction. So said another way, zero point rates are not going to be valid on a non owner occupied transaction in a higher rate environment when secondary markets understand that the loans that are secured today will very likely be refinanced prior to profitability on the servicing side of that mortgage backed security that is a risk to the lender, yes. So we know that right now you're not going to find a zero point option. Now that may be kind of a blanket statement. If you were getting a 30% loan to value owner occupied mortgage with 800 credit scores, you know that's going to be a different animal. And of course, you're going to have the option to not pay points. The risk for that is nothing. Okay, y SP is going to be available for you, the consumer, to be able to choose points at a lower rate, no points higher rate. When does it make sense to pay additional points? Let's say to reduce an interest rate, the break even math. And you know, I'm always talking about the math, the break even math is actually the formula is very simple. All you need to do is figure out the cost of the points. Dollar amount of the points, let's say it's $1,000 and that's what it's going to cost you to, say, get an eighth or a quarter or whatever the denomination is, in the interest rate reduction. But you aren't worried about the interest rate necessarily. You're looking at the monthly payment difference. So it's going to cost you $1,000 in extra points, but it's only going to save you $30 a month in payment when you divide those two numbers, what's that going to take you 33 months? 30 well, okay, and does that make sense? Am I going to refinance in 33 months? If the answer is no, then sure pay the extra 1000 bucks. But that's the math, the cost versus the monthly payment difference divide that that gives you the number of months it takes to recapture cost versus cash flow or savings, and then you be the determining factor on when that makes sense. Keith Weinhold 18:10 It's pretty simple math. Of course, you can also factor in some inflation over time, and if you would invest that $1,000 in a different vehicle, what pace would that grow at as well? So we've been talking about the pros and cons of buying down your mortgage rate with discount points before we get into the administration changes. Cheley talk about that math in is it worth it to refinance or not? It's a difficult decision for some people to refinance today with higher mortgage rates than we had just a few years ago, and at the same time, we've got a lot of dead equity that's locked up. Caeli Ridge 18:40 I would start first by saying, Are we looking to harvest equity? Are we pulling cash out, or are we simply doing a rate and term refinance where we're replacing one loan with another loan, if it's for rate and term, if we're simply replacing the loan that we have today with a new loan, that math is going to be pretty simple. Why would you replace 6% interest rate with a 7% interest rate? If all other things were equal, you wouldn't unless there was a balloon feature, or maybe an adjustable rate mortgage or something of that nature involved there that you have to make the refinance. So taking that aside, focusing on a cash out refinance, and when does it make sense? So there's a little extra layered math here. The cash that you're harvesting, the equity that you're harvesting, first of all, borrowed funds are non taxable. What are we going to do with that pile of cash? Are we going to redeploy it for investing more often than not talking to investors? The answer is yes. What is that return going to look like? So you've got to factor that in as well, and then we'll get to the tax benefit in a moment. But generally speaking, I like to as long as the cash flow is still there, okay, you've got to have someone else covering that payment. Normally, there's exceptions to every rule. I don't normally advise going negative on a cash out refi. There are exceptions. Okay, please hear me. But otherwise, as long as the existing rents are covering and that thing is still being paid for by somebody else, then what you want to do is look at that monthly payment. Difference again, versus what you're getting out of it. And then you divide those two numbers pretty simply, and it'll take you how long. And then you've got a layer in the cash flow that you're going to get from the new acquisitions, and whether that be real estate or some other type of investment, whatever the return is, you're going to be using that to offset. And then finally, I would say, make sure that you're doing adding in the tax benefit. These are rental properties guys, right? So closing costs can be deducted now that may end up hurting debt to income ratio down the road. So don't forget, Ridge lending is going to be looking at your draft tax returns. Very, very important to ensure that we're setting you up for success and optimizing things like debt to income ratio on an annual basis. Keith Weinhold 20:40 Now, some investors, or even primary residence owners might look at their first and only mortgage on a property, see that it's 4% and really not want to touch that. What is the environment and the appetite like today for having a refinance in the form of a second mortgage? That way you can keep your first mortgage in place and, say, 4% get a second mortgage at 7% or more. How does that look for both owner occupied and non owner occupied properties today? Caeli Ridge 21:07 you're going to be looking at prime, plus, in many cases, if you don't want to mess with a first lien, a second lien mortgage is typically going to be tied to an index called prime. Those of you that are familiar with this have probably heard of that. Indicee. There's lots of them. The fed fund rate, by the way, is an index. There's lots of them. The Treasury is also another index. Prime is sitting, I think, at seven and a half percent. So you're probably going to be looking at rate wise, depending on occupancy and credit score and all of those llpas that we always talk about, loan level, price adjustment. You know, it could be prime plus zero, it could be prime plus four. So interest rates could range between, say, seven and a half, on average, up to 11 even 12% depending on those other variables. More often than not, those are going to be interest only. So make sure that you're doing that simple math there. And I would prefer if I'm giving advice the second liens, the he loan, which is closed ended, very much like your first mortgage, it's just in second lien position. It's amortized over a certain period of time, closed ended. Not as big a fan of that. If you can find the second liens, especially for non owner occupied, I would encourage it to be that open ended HELOC type. Keith Weinhold 22:15 What are we looking at for combined loan to value ratios with second mortgages Caeli Ridge 22:19 on an owner occupied I think you'd be happy to get 90. I think I've heard that in some cases, they can go up to 95% in my opinion, that would go as high as they'll let you go right on a non owner occupied, I think you'd be real lucky to find 80, and probably closer to 70. Keith Weinhold 22:34 That really helps a lot with our planning. Well, the administration that came in this year has made some changes that can create some upheaval, some things to pay attention to in the mortgage market. We're going to talk about that when we come back. You're listening to get rich education. Our guest is Ridge lending Group President, Caeli Ridge I'm your host, Keith Weinhold. The same place where I get my own mortgage loans is where you can get yours. Ridge lending group NMLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Chaeli Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com. You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866 Hal Elrod 24:38 this is Hal Elrod, author of The Miracle Morning and listen to get rich education with Keith Weinhold, and don't put your Daydream. Keith Weinhold 24:55 Welcome back to get rich education. We're talking about mortgages again, because this is one. Where leverage comes from. I'm your host. Keith Weinhold, we're sitting down with the president of ridge lending group, Caeli Ridge, and I know that she has some knowledge and some updates on new administration leadership and some potential changes for the market there. What can you tell us? Caeli Caeli Ridge 25:16 I'm pretty excited about this one, and I'm watching very diligently to see how it unfolds. So the new director of the FHFA Federal Housing Finance Agency, all is Bill Pulte. This is the grandson of Pulte Homes. Okay, smart guy. I'm excited to see what he's going to come in and do. Well. He had recently, I think in the last couple of weeks, he put out in the news wires asking for feedback from the powers that be, related to Fannie and Freddie, what improvements they would like to see. So first up was Jim neighbors. He is the president of the mortgage brokers Association. He had a few very specific wish list items, if you will. And the first one on his list was the elimination of LLP, as for non owner occupied and second home. So let me just kind of paint a picture here, because there's some backstory I think is important. So an LLPA, for those of you that have never heard that term before, stands for a loan level price adjustment. And a loan level price adjustment is a positive number or a negative number that associates with the individual loan characteristics. So things like loan to value or loan size, occupancy is a big ll PA, the difference between an owner occupied where you live and one that you're going to use as a rental property, that's a big one. Credit score, property type, is it a single family? Is it a two to four? Is this a purchase? Is it a refi? Anyway, all of those different characteristics are ll pas. Well, if we take a step back in time, gosh, about three years ago now, Mark Calabria, at the time, was the director of the FHFA, and he had imposed increases, specific increases. This was middle of 22 I want to say specific increases to the LL pas for non owner occupied property. So if anybody kind of remembers that time, we started to really see points and interest rates take that jump sometime in 2022 more than just the traditional interest rate market and the fluctuations. This was very material to investment property and second home, but we'll focus on the investment property. So Mr. Jim neighbors came in and said, first and foremost, I'd like to see those removed, and I want to read something to the listeners here, because I thought it was very interesting. This is something I've been kind of preaching from the the rooftops, if you will, for many, many years. Yeah, we've got neighbors sticking up for investors here. He really is. And I Yeah, well, yes, he is. And more often than not, they're focused on the owner occupied so I'm just going to kind of read. I've got my cheat sheet here. I want to make sure I get it all right for everybody. So removal of the loan level price adjustments on investment properties and second homes, he noted that these risk based fees charged by Fannie and Freddie discourage responsible buyers from purchasing second homes and investment properties, with that insignificant increase to cost. And here's the important part, originally introduced to account for additional credit risk, many of the pandemic era llpa increases were not based on updated risk metric. In fact, data has shown that loans secured by investment properties often have strong credit profiles and lower than expected default rates. I mean, anybody that has been around long enough to see what we've come from, like, 08,09, and when we had the calamity of right, the barrier for entry for us to get any conventional financing as investors has been harsh. I mean, I make that stupid joke of vials of blend DNA samples. But aside from it being an icebreaker, it kind of feels true. We really get the short end of the stick. And I feel like as investors especially, post 08,09, our credit profiles, our qualifications, the bar is so high for us, the default risk there has largely been removed. We've got so much skin in the game. With 20 25% down, credit score is much higher, debt to income ratios more scrutinized, etc, etc. So I think that this is, if it passes muster. I think this is going to be a real big win for the non owner occupied side of agency, Fannie, Mae, Freddie, Mac lending. Keith Weinhold 29:13 The conventional wisdom is, is that if you the borrower, get into financial trouble, you're more likely to walk away from your rental properties than you are your own home and neighbors, sort of like a good neighbor here sticking up for us and stating that, hey, us, the investors, we're actually highly credit worthy people. Caeli Ridge 29:29 Yeah, absolutely. So fingers crossed. Everybody say your prayers to the llpa and mortgage investor rates gods. Keith Weinhold 29:37 we'll be attentive to that. What other sorts of changes do we have with the administration? For example, I know that Trump and some others in the administration have talked about privatizing the GSEs, those government sponsored enterprises, Fannie, Mae, Freddie Mac and what kind of disruption that would create for the industry. Is it really any credence to that? Caeli Ridge 29:58 They've been talking about it for. For quite a while. I mean, as long as Trump has been kind of on the scene, that's been maybe a wish list for him. I don't see that happening over the next years. That is an absolute behemoth to unpack and make a reality. Speaking of Mark Calabria, he was really hot and heavy on the trails of doing that. So what this is, you guys so fatty Freddy, are in conservatorship that happened back post 08,09, and privatizing them and making them where it is not funded, or conservatorship within the United States government. Now it still has those guarantees against default. It's a very complicated, complex, nuanced dynamic of mortgage backed securities, but if we were to privatize them at some point now, am I saying that that's a bad thing? No, not necessarily, but I think it has to be very carefully executed, and because there are so many moving parts, I do not think that just one term of presidency is going to make that happen. If we do it, it's going to be years down the road from now. Is my crystal ball. I don't think we're going to see that anytime soon. Keith Weinhold 30:58 That's interesting to know. Are there any other industry changes that are important, especially for investors, whether that has to do with the change in administration or anything else? Caeli Ridge 31:08 Well, specific to that wish list from Mr. Neighbors, one of the other things that he had asked, and there were quite a few, for owner occupied changes as well, he wants to reduce the seasoning for cash out refinances of investment properties, which would be huge good. Yeah, right now it's 12 months on a cash out refinance given very specific acquisition details. Okay, I won't go down that rabbit hole, but currently, if you haven't met exactly these certain benchmarks, you may have to wait 12 months to pull cash out of a property from the day that you acquire it, he's asking that that be pulled back to about six months, which would be nice Keith Weinhold 31:46 reducing the seasoning period from 12 months to six months, meaning that an investor a borrower, would only need to own that property for that shorter duration of time prior to performing a refinance. Caeli Ridge 31:58 Cash out refinance, no seasoning required on a rate and term. This is specific for cash out. But again, for cash out, but exactly right Keith Weinhold 32:04 now, one trend that I think about sometimes, especially when I think back to 2008 2009 days since I was an investor through that time, is, are there any signs in the reduction of the appetite or the propensity to lend, to make loans. So how freely is credit flowing? Caeli Ridge 32:25 I think pretty freely. I'm not seeing that they're tightening the purse strings. That's not the lens that I'm looking at it from, and I try to keep that brush stroke broad. There have been, I think that on the post, close side, there's been a little extra from Fannie Freddie, and I think that has to do with profitability markers. But overall, I'm not seeing that products are disappearing necessarily, or that guidelines are really becoming even more cumbersome. If anything, I would say it's maybe the reverse of that, and I do believe that probably is part and parcel to this administration and the real estate background that comes with it. Keith Weinhold 32:59 One other thing I pay attention to, but it just really hasn't been much of a story lately. Are delinquencies in foreclosures. It seems like they've ticked up a little bit, but they're still both really historically low and basically a delinquency being defined as when a borrower makes one late payment, and foreclosures being the more severe thing, typically a 120 days late or more. Any trends there? I'm not Caeli Ridge 33:24 seeing any now. And in fact, I would tell you that, because we focus so much on investor needs, first payment default is I can count on less than one hand, if I had to, how many times I've seen that happen with our clients over 25 years. So nothing noteworthy there for me. Keith Weinhold 33:40 Yes. I mean, today's borrowers are just flush with equity. Nationally, there's a loan to value ratio of 47% which is healthy, in a sense. On average, borrowers have a 53% equity position. Of course, the next thing, I think, is like, I don't really know if that's a smart strategy. They're not really getting that much leverage out there. But I think a lot of people just have the old mentality of get it paid off. Caeli Ridge 34:06 And I think that depending on where you are in your journey, I mean, if you're in phase three, right, where you're just really looking at these investments, these nest eggs to carry you into your retirement and or for legacy reasons, fine, but otherwise, I may argue the point in that I don't care that you have a 3% interest rate on an investment property, or whatever it may be, if it's sitting there idle and as long as it can cash flow, the true chances of those individuals of keeping that mortgage that they got in 2020, 2021, etc, at those ridiculously low interest rates and stroking 360 payments later to pay it to zero is a fraction of a percent right now, whether they're on the sidelines for something else, I don't know, but that debt, equity, I think, is hurting them more than a 3% interest rate is helping them. Keith Weinhold 34:52 And a lot of times, the mindset of someone is, if they don't need to build wealth anymore, and they're older and they already built wealth, they don't care if they're loaned to value. Was down to zero, and they have it paid off, whereas someone that's in the wealth building phase probably wants to get more leverage. Yeah, Chaley at risk lending group, there you see so many applications come in, and especially since you're an investor centric lender, I like to ask you what trends you're seeing. What are people buying? What are people doing? Are they refinancing? Are they paying loans off? Are they trying to take out more credit? Are there any overall trends with investors that you see in there Caeli Ridge 35:29 right now? I think the all in one is a clear winner there. The all in one, that first lien, HELOC, that you and I talked about, we broke my little corner of the internet with that one, that one is a front runner for sure, on the refinance side, specifically, we are seeing quite a bit more on the refi side of things, that equity is kind of just sitting there. So even though, if the on one isn't a good fit for them, I'm seeing investors that are willing to tap into that equity instead of just sitting around and waiting for them to potentially lose some equity if the housing market does start to take some decline. And then I would say, on the purchase transaction side, something that's kind of piqued my interest is the pad split. I'm looking at that more often where, for those that are not familiar, you can probably speak more to this, Keith, they're buying single family resident properties, even two to four unit properties, and a per bedroom basis, turning those into rental properties. And they're looking to be quite profitable. So I've got my eyes on that too. Keith Weinhold 36:23 before we ask how we can learn more about you and what you do in there at Ridge Kayle. Is there any last thing that you'd like to share? Maybe a question I did not think about asking you, but should have. Caeli Ridge 36:35 I would like to share with your listeners that if they are not working with a lender that focuses on their education and has that diversity of loan product that we have, that they're probably in the wrong support group. You need to be working with a lender that has a nationwide footprint and that has diversity of loan product to cover whatever methodology of real estate investing that you're looking for, and really puts a fine touch on the education of your qualifications and your goals as they relate to underwriters guidelines Keith Weinhold 37:10 what we're talking about, and I know this through my own experience in dealing with Ridge, since I use them for my own loans myself, is sometimes Ridge might inform You that, hey, you can go and do this and make this deal now, but that's going to mess up this bigger thing 12 months down the road, whereas if you talk with an everyday sort of owner occupant mortgage company, oh, they're just not going to talk like that, because owner occupants, they might only buy every seven years, or something like that. And investors are different, and you need to have that foresight and look ahead. Caeli, this has been great, a really informative conversation about the pulse of the market. Tell us what products that you offer in there. Caeli Ridge 37:50 Our menu is very, very diverse. I would say what. It's probably easier to describe what we don't offer. We do not have bear lot loans or land loans. We're not offering those right now. We do not have second lien HELOCs currently. We suspended that two years ago. But otherwise, guys, we're going to have everything that you're going to need. So just very quickly, I'll rattle off Fannie Freddie, okay, those golden tickets that we talk about, we've got DSCR loans, bank statement loans, asset depletion loans, ground up construction, short term bridge loans for fix and flip or fix and hold. We have our All In One that's my favorite first lien. HELOC, we have commercial loan products for commercial property and residential on a cross collateralization basis. So very, very robust in the loan product space. Keith Weinhold 38:33 Caeli Ridge, it's been valuable as always. And then Ridge lending group.com, or your phone number Caeli Ridge 38:39 855-747-4343, 855-74-RIDGE, , and then to reach us an email, if that's your better mechanism to contact us info@ridgelendinggroup.com Keith Weinhold 38:50 that's been valuable as always. Thanks so much for coming back onto the show. Caeli Ridge 38:53 Appreciate it. Keith, Keith Weinhold 39:00 Yeah, terrific information from Chaley. As always, if you're enamored of borrowing tax free, like a billionaire, against your real estate, they sure can help you out with that and determine whether that's right. It doesn't mean that you always should, but if you have investment ideas for debt equity, and you're attentive to cash flows, run the numbers with them and see if it's worthwhile. As far as new purchases, we all know that soured affordability has made it especially tough for first time homebuyers, and there's more data out there that shows that tenant durations are historically long, longer than they usually are. Tenants are staying in places longer because they have to. Investor purchases have stayed strong, though investors have been buying about the same proportion of single family homes and making them rentals that they have historically and Redfin tells us that. The value of properties that investors have purchased is up more than 6% year over year, so investors are still buying and that makes sense. We're in this era where there's more uncertainty than usual, there's higher stock volatility than usual, and more people are sort of asking themselves, where would I get a better return than on income property, and where would my return be more stable today than in income property as well? If you work with Ridge lending group for a time, you're probably going to understand why I personally use them for my own loans. You'll notice that they really understand what investors need. Thanks to Caeli Ridge today and thank you for being here too. But as always, you weren't here for me. You were here for you until next week. I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 3 40:56 Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 41:20 You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866 The preceding program was brought to you by your home for wealth, building, get rich education.com.
What would it look like if you didn't have to be onsite for every event you plan? Could your business actually grow faster if you weren't tied to every detail in person? In this episode, May Yeo Silvers pulls back the curtain on how she manages multiple events, sometimes in different states, without being physically present. May walks through the exact process she uses to decide when she's needed onsite and when she's not. From assessing a client's team capacity to setting expectations with vendors and venues, she lays out the systems that keep everything running smoothly. She also shares how clear communication and proactive oversight allow her to support events remotely while staying fully in the loop. And then there's the mindset piece. If you've ever felt like you have to show up in person just to prove your value, May challenges that belief with one simple truth: the work you do before the event is what truly matters. Want to build a business that doesn't rely on you being everywhere at once? This episode is a solid place to start. For more real talk on how to build a sustainable, scalable event business, grab a copy of May's book, The Unstoppable Eventrepreneur: https://www.amazon.com/Unstoppable-EVENTrepreneur-TM-Profitable-Business/dp/1961347105/ Quotes • “If you want a smooth event, you cannot be pulling your team in all directions.” (05:57 | May Yeo Silvers) • “More than 50% I don't have to be [on site].” (09:55 | May Yeo Silvers) • “I'm not afraid to let go of control because I trust that everybody knows what they're supposed to do because we have communicated and over-communicated and determined that everybody is capable of functioning as a professional to make things happen.” (17:20 | May Yeo Silvers) • “You need to already know that the work that you do leading up to the event has already shown your worth. That's why they hire you.” (18:38 | May Yeo Silvers) • “You have to ask yourself, subconsciously, do you feel that you need to be on-site to make sure that everything is running well, to make sure that you show your face so that you are worth the price that you have asked clients to pay you?” (19:0 | May Yeo Silvers) Links In order for you to scale your business, you must first build a strong foundation for your business. In my Unstoppable Eventrepreneur book, I talked about rookie mistakes to avoid when starting your business. I also discussed the importance of understanding your financial risk appetite, the mindset that is going to propel you or hold you back. This book is an ALL IN ONE, where you get your questions answered in every aspect when thinking to launch and scale your events business. Grab your copy today using this link! Connect with May at: may@events4anyone.com Website: www.mayyeosilvers.com LinkedIn: https://www.linkedin.com/in/mayyeosilvers/ Facebook: www.facebook.com/mayyeosilvers IG: www.instagram.com/mayyeosilvers TikTok: https://www.tiktok.com/@mayyeosilversofficial FB private group: https://www.facebook.com/groups/events4anyone Podcast production and show notes provided by HiveCast.fm
Wondering how today's mortgage rates and loan types could impact your next real estate investment? In this episode of The Real Wealth Show, host Kathy Fettke and guest Caeli Ridge unpack the current lending landscape and what it means for investors looking to grow their portfolios. They break down the differences between conventional and non-QM loans, how to navigate beyond conforming loan limits, and why the All-In-One loan is gaining traction among experienced investors. You'll also learn how debt service coverage ratio (DSCR) loans work, when refinancing makes sense, and how to make smart borrowing decisions based on your unique financial goals. Topics Discussed: 00:00 Intro 01:45 Mortgage Rates 04:15 Conventional Loans 07:47 Non-QM Loans and DSCR 14:31 All in One Loan Product LINKS: RealWealth® WEBINARShttps://realwealth.com/webinars/ JOIN RealWealth® FOR FREE https://tinyurl.com/joinrws1051 FOLLOW OUR PODCASTS The Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN FREE RealWealth® EDUCATION & TOOLS RealWealth Market Reports: https://realwealth.com/learn/best-places-to-buy-rental-property/ RealWealth Videos: https://realwealth.com/category/video/ RealWealth Assessment™: https://realwealth.com/assessment/ READ BOOKS BY RealWealth® FOUNDERS The Wise Investor by Rich Fettke: https://tinyurl.com/thewiseinvestorbook Retire Rich with Rentals by Kathy Fettke: https://tinyurl.com/retirerichwithrentals Scaling Smart by Rich & Kathy Fettke: https://tinyurl.com/scalingsmart DISCLAIMER The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.RealWealthShow.com
To kick off the 200s with a bang, guest host Megan Ahern. Denlis is back in the studio for this special milestone episode of The Real Estate Rundown with Owen & Ted. And chaos? Yeah, we've got plenty. We're talking evictions, sewer disasters, structural nightmares, a snake infestation, and enough rehab overages to make your lender sweat. But Megan pulled it off, proving what real staying power looks like when everything goes sideways.Inside this episode:How Megan dumped $200K+ into a nightmare deal and lived to tell about itLessons learned from ignoring inspections (don't do it)What to say to your lender when you're out of time and moneyHow the All-In-One mortgage works—and why it might change your gameDenlis back on the mic with vintage podcast chaosFavorite podcast memories, from BPCon scooters to a drunken Episode 100 bashThis is the real talk you don't get from gurus—the deals that go sideways, the lessons that cost real money, and the wins that come from pushing through.Brandon Turner Joins Us Wednesday It only gets bigger from here. This Wednesday, we're dropping Episode 200 with Brandon Turner himself. You'll hear stories you won't find on other podcasts and get a rare look behind the curtain with one of the biggest names in the game. Trust us—you won't want to miss it.Love what we're doing? Help us keep it going. Leave a 5-star review, tell us your favorite episode or moment, and share the show with someone who's in the trenches with you. Real estate's hard. We keep it real.Watch us on YouTube: https://youtu.be/iQ_JS7ogC3wYou can Join the Omaha REIA - https://omahareia.com/join-today Omaha REIA on Facebook - https://www.facebook.com/groups/OmahaREIA Check out the National REIA - https://nationalreia.org/ Find Ted Kaasch at www.tedkaasch.com Owen Dashner on Facebook https://www.facebook.com/owen.dashner Instagram - https://www.instagram.com/odawg2424/ Red Ladder Property Solutions - www.sellmyhouseinomahafast.com Liquid Lending Solutions - www.liquidlendingsolutions.com Owen's Blogs - www.otowninvestor.com www.reiquicktips.com Propstream - https://trial.propstreampro.com/reianebraska/RESimpli - https:...
Environmental Control …..Definitely the most important aspect of commercial growing. The difference between success and failure. This week we have left the control of our whole show to our first guest Michael the man behind @tricleanair with 20 years of experience with environmental control in commercial gardens Michael saw the need for purpose built DHVAC units, which is an All-In-One system that can control Temperature, Humidity, and CO2 also TriFog Humidity Control systems and DirOxy Dissolved Oxygen Injection systems. Lots of tech talk, but on top of that Michael has created community with some of our old friends such as Ruga from @grassrootscalifornia who rumour has it might be LIVE in studio. We will also talk to some new friends and some of his successful clients such as Bean from @maven_genetics out of LA who believe that everyone who seeks more from cannabis is a connoisseur, an enthusiast, and a true Maven. Also joining the convo is Lance aka @craft_farmer707 who is utilizing Under Canopy lighting and crushing it by the way and finally Jacob @mi_gas from @sevenpointsupply out of Danville Illinois who like our other guests are creating craft cannabis on scale which can only be done with the right equipment which luckily dedicated people like Michael have designed from the ground up. We will also be blessed to have @juiceboxbox and @weedshouldtastegood gracing the studio and joining us for Patreon. So get that @dabx GO rig charged your @jerome_baker bong Clean with some ice
Do you have a pet dog, cat, or maybe a bird or a horse? Have you ever wondered what your furry friend is really thinking? What if you could tap into a deeper level of communication, beyond barks and meows? In this episode, we dive into the fascinating world of animal communication with Shannon Cutts, an expert who unlocks the secrets of intuitive connection and who also happens to be a member of Raise Your Vibration. Shannon is a professional animal sensitive and intuitive, Reiki Master and animal communication teacher with Animal Love Languages. Shannon's global client base seeks her out for help with pet anxiety, highly sensitive pets, pet transition, pet reincarnation, interspecies family dynamics and more, which makes her the perfect guest to be sharing her knowledge with us today. So, join us as we uncover how to truly listen, not just with our ears, but with our hearts, and discover the extraordinary language our animals speak. Prepare to see your pets in a whole new light! Has something we shared in this episode resonated with you, or inspired you to interact with the pet you love in a different way? We'd love to hear from you, so tag us or share your thoughts by DM on Instagram, @jill_foubister and @loveandfeathersandshells. My powerful spiritual toolbox that will deepen your connection to your higher self and expand your consciousness is available now! The Ascension Keys is 45 of the most powerful ASCENSION TOOLS...now ALL IN ONE deck, and you can get them and unlock your ascension at https://www.jilltrainings.com/AscensionKeys. I'm so excited for these because everyone needs a spiritual toolbool, and this will literally change your life! When you don't know how you sense energy, it's easy to think, "I'm not intuitive." "I'm just not gifted." or worse, "I can't trust myself." The Universe is trying to communicate to you. You've just been unaware of the WAY the messages are coming in. Take my 78 second quiz to reveal your dominant intuitive modality instantly. No more wondering, waiting or guessing! Unlocking your intuition starts right now at https://www.jilltrainings.com/quiz! Thanks so much for listening! If you haven't yet done so, I would love for you to subscribe and leave a rating and review on your favorite podcast app, and I'll see you back here very soon with a brand-new episode. For full show notes and links, visit: www.jilltrainings.com/blog/40
Have you ever wondered why some of your vision board dreams manifest, while others seem to fall flat? Have you ever felt that disconnect between your desires and your reality, and you've been left frustrated with the process? If you have ever felt this way, then this episode is for you! What I share to today will absolutely transform your vision board from a wish list into a powerful tool for creation. I'm here to tell you that no matter what you want, no matter what you put on your vision board, you CAN have it, I mean anything, and I'm going to show you how! If you give my way of vision boarding a try, I would love to hear your thoughts and how it has worked for you! Tag me or share your thoughts by DM on Instagram, @jill_foubister. My powerful spiritual toolbox that will deepen your connection to your higher self and expand your consciousness is available now! The Ascension Keys is 45 of the most powerful ASCENSION TOOLS...now ALL IN ONE deck, and you can get them and unlock your ascension at https://www.jilltrainings.com/AscensionKeys. I'm so excited for these because everyone needs a spiritual toolbool, and this will literally change your life! When you don't know how you sense energy, it's easy to think, "I'm not intuitive." "I'm just not gifted." or worse, "I can't trust myself." The Universe is trying to communicate to you. You've just been unaware of the WAY the messages are coming in. Take my 78 second quiz to reveal your dominant intuitive modality instantly. No more wondering, waiting or guessing! Unlocking your intuition starts right now at https://www.jilltrainings.com/quiz! Thanks so much for listening! If you haven't yet done so, I would love for you to subscribe and leave a rating and review on your favorite podcast app, and I'll see you back here very soon with a brand-new episode. For full show notes and links, visit: www.jilltrainings.com/blog/39
Do you ever feel like your life's a snow globe, shaken upside down just when you thought you had it all together? Have you ever considered that your most frustrating moments are simply the flip side of your greatest potential, and those chaotic days hold the key to unlocking your true power? In this episode, I share how I recently experienced a rollercoaster of emotions, and I reveal a powerful tool that I used to reclaim my inner peace. I was reminded that we all can truly shift our reality by simply shifting our thoughts, always, and being aware of The Law of Polarity is how we can do it. Are you open and ready to learn how to harness the power of duality, and experience an instant energy shift? If so, I created this episode just for YOU. I would absolutely love to hear if you tried the tool from today's episode and how it worked for you! Tag me or share your thoughts by DM on Instagram, @jill_foubister. My powerful spiritual toolbox that will deepen your connection to your higher self and expand your consciousness is available now! The Ascension Keys is 45 of the most powerful ASCENSION TOOLS...now ALL IN ONE deck, and you can get them and unlock your ascension at https://www.jilltrainings.com/AscensionKeys. I'm so excited for these because everyone needs a spiritual toolbool, and this will literally change your life! When you don't know how you sense energy, it's easy to think, "I'm not intuitive." "I'm just not gifted." or worse, "I can't trust myself." The Universe is trying to communicate to you. You've just been unaware of the WAY the messages are coming in. Take my 78 second quiz to reveal your dominant intuitive modality instantly. No more wondering, waiting or guessing! Unlocking your intuition starts right now at https://www.jilltrainings.com/quiz! Thanks so much for listening! If you haven't yet done so, I would love for you to subscribe and leave a rating and review on your favorite podcast app, and I'll see you back here very soon with a brand-new episode. For full show notes and links, visit: www.jilltrainings.com/blog/38
Ever wonder if you're truly listening to your inner voice? What if tapping into your intuition could completely transform your business and personal life? Today, I am so excited to introduce you to a member of my signature program, Raise Your Vibration, who is experiencing this exact thing in real time and is here to share all about it. I wanted to feature Lauren's journey through Raise Your Vibration, because I really think her experience is not only relatable as a mom and a business owner, but also her story of how she discovered her intuition and the ways that she has applied it to her daily life! Are you looking to strengthen your own intuition, or have an experience of how you've used your “mommy intuition” like Lauren did? We want to hear all about it! Tag us or share your thoughts by DM on Instagram, @jill_foubister and @laurenmonique.business. As you heard in last week's episode, I'm now offering my powerful spiritual toolbox that will deepen your connection to your higher self and expand your consciousness. The Ascension Keys is 45 of the most powerful ASCENSION TOOLS...now ALL IN ONE deck, and you can get them now and unlock your ascension at https://www.jilltrainings.com/AscensionKeys. I'm so excited for these because everyone needs a spiritual toolbool, and this will literally change your life! When you don't know how you sense energy, it's easy to think, "I'm not intuitive." "I'm just not gifted." or worse, "I can't trust myself." The Universe is trying to communicate to you. You've just been unaware of the WAY the messages are coming in. Take my 78 second quiz to reveal your dominant intuitive modality instantly. No more wondering, waiting or guessing! Unlocking your intuition starts right now at https://www.jilltrainings.com/quiz! Thanks so much for listening! If you haven't yet done so, I would love for you to subscribe and leave a rating and review on your favorite podcast app, and I'll see you back here very soon with a brand-new episode. For full show notes and links, visit: www.jilltrainings.com/blog/37
© 2020-2026 Ivy Podcast Discovery LLC
