Podcasts about Chile

Esta noche, la comunidad nos lleva a esos lugares que aparecen cuando ya es tarde para tomar otra decisión: moteles de carretera, pasillos sin luz, recepciones vacías… y habitaciones que nadie quiere abrir. En estas historias, el terror no llega con un monstruo, llega con algo peor: la sensación de que entraste a donde no debías, y de que alguien —o algo— ya te estaba esperando desde antes. Viajaremos por tramos solitarios, por ciudades donde lo cotidiano se tuerce de golpe, y por casas que guardan secretos detrás de un candado. Y cuando creas que ya pasó lo peor… vas a entender por qué hay puertas que se cierran no para protegerte, sino para encerrarte. Apaga la luz. Y no te asomes demasiado. Estás escuchando Relatos de la Noche. Suscríbete al Videoclub de Medianoche: https://www.youtube.com/@ElVideoclubdeMedianoche —

STERNENGESCHICHTEN LIVE TOUR in D und Ö: Tickets unter https://sternengeschichten.live Die größten und besten Teleskope der Welt stehen in Chile. Verantwortlich dafür ist ein deutscher Astronom, den kaum jemand kennt. Was er gemacht hat und wie die Astronomie nach Chile gekommen ist, erfahrt ihr in der neuen Folge der Sternengeschichten. Wer den Podcast finanziell unterstützen möchte, kann das hier tun: Mit PayPal (https://www.paypal.me/florianfreistetter), Patreon (https://www.patreon.com/sternengeschichten) oder Steady (https://steadyhq.com/sternengeschichten) Sternengeschichten-Hörbuch: https://www.penguin.de/buecher/florian-freistetter-sternengeschichten/hoerbuch-mp3-cd/9783844553062

Rod, Tessa, Alex, and Chile do their annuam Mile of Meat show and line up 20 single guys on the side of the road to try and see if they can get them all dates for Valentine's Day.

7-day FREE trial of our Intermediate Spanish course, Spanish Uncovered: ⁠⁠www.storylearning.com/podcastoffer⁠⁠Join us on Patreon: ⁠⁠www.patreon.com/storylearningspanish⁠⁠Glossaryespinas: thorns mapuche: the largest indigenous people in Chile and Argentinatroncos: logs telares: looms manchas: spotsvendas: bandages avergonzada: ashamedregar: to waterplagas: pestsFollow us on social media and more: ⁠⁠www.linktr.ee/storylearningspanish

The Read My Lips Game

Rod, Mo, Alex, and Chile talk about how much people are spending on Valentine's Day this year, tell you the top searched things about the winter Olympics, and play another round of The Read My Lips Game.

Brigadistas mexicanos regresan de Chile tras combatir incendiosTrump y Netanyahu abordan tensión por programa nuclear iraníDesde el 16 de febrero, la cita informativa es a las 8 p. m.Más información en nuestro Podcast

7-day FREE trial of our Intermediate Spanish course, Spanish Uncovered: ⁠⁠www.storylearning.com/podcastoffer⁠⁠Join us on Patreon: ⁠⁠www.patreon.com/storylearningspanish⁠⁠Glossarycallejones: alleysfábrica: factory plantillas: stencils weón: (Chile) “huevón”, fool, stupid, but usually used as a filler wordser buena onda: to be coolsilbato: whistleviva: aliveFollow us on social media and more: ⁠⁠www.linktr.ee/storylearningspanish

As we move towards Total Systemic Change, shifting from the death cult of predatory capitalism towards a future we'd actually be proud to leave behind, our absolute baseline non-negotiable foundations must be Clean Air, Clean Water, Clean Soil. We talk a lot about regenerative agriculture on this podcast, and how we can rebuild living soils from the inert growing media we've created in the hellscapes of Industrial Agriculture.  One day, we'll talk about Clean Air.  Today, we're talking about water, that utterly essential part of our biological and spiritual lives.  It should be clean. It should be safe to drink, to swim in, for us and all the species with whom we share our beautiful blue pearl of a watery planet. As we all know… it's not.  It's not because our system values profit over the vibrancy of life. It's not because people in suits have found that if they treat our rivers as open sewers and our oceans as waste dumps they can get away with it.  It's not because for too long, we've believed the stories that say there is no alternative and this is the way the world has to be. But the masks are coming off and activism is increasingly being seen as an act of radical, necessary resistance that can bring people together, bridging across the false, toxic cultural divides that the establishment creates so that we fight ourselves instead of working towards a world founded on different values.  The push for clean water is one of the most unifying drives we have.  It doesn't matter where you are on the political spectrum, you don't vote for sewage to be poured into the rivers, for the dead zones in the oceans to grow and join up, for the rain to be full of forever toxins so that some suit in a company C-suites can buy themselves a new private jet and an invitation to Jeffrey Epstein's private parties. In the UK, we're in an almost unique position because back in the 80s, Margaret Thatcher saw Pinochet privatising the water and sewage companies in Chile and decided this was a fine idea and imported it wholesale to the UK. Our water and sewage companies were privatised at a steal in 1989 and pretty much everyone is agreed this is an incredibly bad idea. Except successive governments.  So people got together and formed their own activist groups based around the rivers near them - there's always at least one - and they are conducting citizen science, holding people's assemblies and generally making enough of a nuisance of themselves that those in power have to take notice.  All this being the case, it's World Water Day on March 22nd every year and this year - we're recording in 2026 for those of you who listen years later - we're talking to Claire Kirby co-founder of Up Sewage Creek and a member of the Sewage Campaign Network.  I first met Claire when my last dog was young - so nearly 20 years ago.  She has a degree in Environmental Science from King's College London and then went on to become a Pet Behaviour Specialist who used to run rather wonderful puppy training classes.  In 2020, following an episode of this podcast, she undertook a training with Trust the People and went on to co-found Up Sewage Creek, an activist group based around the River Severn in Shrewsbury on the borders between England and Wales.  More recently, she has become an active part of the Sewage Campaign Network and is actively campaigning against the latest Government White Paper on the Water Industry which as much of a greenwash/whitewash as you'd expect.  This was a lively conversation, a lot of it focussed on the situation in England, mainly because we live here and it's pretty bad.  But wherever you are in the world, you have water somewhere near you and I guarantee it's not clean - and there will be people around you who care that it become cleaner.  Clearly if you're in a war zone, even if it's an as-yet undeclared civil war, this is not your highest priority and I really do want to honour the people of Minnesota, Maine and Oregon who are taking to the streets in freezing weather to face the Terrorist gangs unleashed by the US government. You have other things to think about than the quality of your water, though not far away in Flint, Michigan, there is one of the most egregious failures of local politics ever to express itself in the quality of the water, so this is clearly a universal problem.   We each do what we can. For those of us not facing pepper spray, uniting our communities so that nobody is ever prepared to join up to the government's shock troops might be the front line.  If testing water is your thing, please do it.  And to find out how and why to connect and converge, let's talk to Claire Kirby of Up Sewage Creek. LinksWorld Water Day https://www.unwater.org/our-work/world-water-dayCastCo https://castco.org/Trust the People https://www.trustthepeople.earth/Top of the Poops (!)  - to help you connect with your MP https://top-of-the-poops.org/constituenciesSewage Campaign Network https://www.sewagecampaignnetwork.org.uk/Up Sewage Creek https://www.upsewagecreek.com/USC on Facebook https://www.facebook.com/groups/upsewagecreekhttps://www.windrushwasp.org/single-post/new-vision-for-water-a-mirage-or-worse?cid=1dfba32d-7702-4cde-974a-08a8580126ffLeft Foot Forward Article https://leftfootforward.org/2026/01/public-ownership-of-water-is-the-only-way-to-deliver-security-efficiency-investment-and-value-for-money/National Security Briefing on BioDiversity Loss in the UK https://www.gov.uk/government/publications/nature-security-assessment-on-global-biodiversity-loss-ecosystem-collapse-and-national-securityOther Accidental Gods water-related podcasts River Dôn Project Tim Smedley 'The Last Drop'BooksDrinkable Rivers - https://drinkablerivers.org/drinkable-rivers-book/About Accidental Gods If you'd like to support us, come along and join the Accidental Gods Membership. Here, you can share in the ideas, the programme that will help you connect to the Web of Life in ways that will last—and you can come to the Gatherings half price. Or if that doesn't appeal, come along to one of the Gatherings. Or buy a subscription/Gathering for a friend... do something that feels like a good exchange of energy and minimises our connection with old economic paradigm. Remember that if any of this is difficult, contact us and we'll find something that works for you. Details below: We offer three strands all rooted in the same soil, drawing from the same river:

¡HOLA, AMIGUITOS!Les dejamos un NUEVO EPISODIO de AISLADOS. Estamos los MIÉRCOLES al mediodía por YOUTUBE y SPOTIFY. TICKETS a los SHOWS en VIVO en TEATRO CHACAREREAN: https://www.plateanet.com/obra/26745?obra=AISLADOS-EL-PODCAST---CON-PUBLICO&paso=inicio TICKETS a los SHOWS en VIVO en CHILE: https://www.ticketmaster.cl/event/aislados-teatro-nescafe-de-las-artes ¡SIGAN NUESTRAS REDES! Instagram.com/aisladoselpodcastTiktok.com/aisladoselpodcastYouTube.com/aisladoselpodcast

Rod, Mo, Alex, and Chile talk about commuting to work, tell you the most common fights couples have, and bring back The Five Second Rule Game.

Nuevo León celebra el Mundial con licencia edición especialChile presenta Latam GPT, modelo regional de inteligencia artificialA las 20:00 horas tienes una cita con Carlos CastellanosMás información en nuestro Podcast

Those who hope to honor God and advance Jesus' Kingdom face powerful opposition from spiritual, physical, and psychological enemies. Successful launching and long term fruitfulness depends on recognizing and, in dependence on the Holy Spirit, waging war against those enemies.

Latam-GPT es un modelo de inteligencia artificial impulsado desde Chile para entrenar aplicaciones con datos de América Latina, reducir sesgos y ofrecer una representación más fiel de la región en un sector dominado por desarrollos estadounidenses.A LATAM GPT están actualmente vinculados 16 países, entre ellos Uruguay, Brasil, Colombia, México, Perú, Ecuador y Argentina.  Aunque su nombre nos remite a un chat interactivo, LATAM GPT es una gran base de datos que fue entrenada con información de América Latina y que permitirá el desarrollo de aplicaciones tecnológicas. La iniciativa ha sido impulsada por el Centro Nacional de Inteligencia Artificial de Chile (Cenia), una corporación privada con financiamiento público. Además, ha contado con el apoyo de universidades, fundaciones, bibliotecas, entidades gubernamentales y organizaciones de la sociedad civil de países como Chile, Uruguay, Brasil, Colombia, México, Perú, Ecuador y Argentina. RFI ha podido entrevistar al Ministro de Ciencia y Tecnología de Chile, Aldo Valle Acevedo, explicó por qué es necesario este modelo de inteligencia artificial en la región. "Era necesario por razón de una soberanía tecnológica para nuestros países, para nuestra cultura, para nuestra identidad, para nuestras lenguas, porque en este caso hablamos también del portugués, sabemos que las tecnologías de la información, la inteligencia artificial, representan también una amenaza si no incorporamos nuestro propio lenguaje, la cultura, el pasado de nuestros países, pero si no hacemos el esfuerzo nosotros por razón de una soberanía tecnológica, lo que está en riesgo es mucho más. Por efecto de las tecnologías, se va produciendo una cierta enajenación, que es la pérdida finalmente de la propia cultura y de la propia identidad, y por eso empleo la palabra enajenación. Entonces se trata de un proyecto articulador de capacidades, porque solos no lo podemos hacer" ha afirmado Valle Acevedo al micrófono de nuestro compañero Carlos Pizarro. A LATAM GPT están actualmente vinculados 16 países, entre ellos Uruguay, Brasil, Colombia, México, Perú, Ecuador y Argentina. "No es para la competencia entre los países, es para la cooperación" ha sentenciado el ministro Valle Acevedo en RFI añadiendo que, aparte de los siete países adheridos al proyecto, "otros han firmado memorándum, porque también es necesario aclarar aquí, la verdad es que ya están trabajando instituciones de 16 países. No tiene un costo comercial, no llegamos todavía al nivel de la aplicación a la que puede acceder cualquier persona, pero en esta primera etapa, digamos, está disponible para las instituciones, para el Estado, En el estado vemos una gran oportunidad para mejorar las capacidades de respuesta del estado en todas sus prestaciones y esto bien tiene una urgencia, atendido a la velocidad con que esta tecnología se expande e inunda nuestro planeta".  Latam GPT es un bien público con la participación de sectores gubernamentales y privados, entre ellos el Banco de Desarrollo de América Latina y el Caribe, y también Amazon Web Service, que contribuye con infraestructu

Episode 84 takes us to San Leonardo Family Estate, one of Trentino's most iconic names, set in the shadow of the Dolomites and guided by the Guerrieri Gonzaga family. Pierre Ferland sits down with the charismatic Anselmo Guerrieri Gonzaga for a lively, story driven conversation that moves from history to terroir, and from bottle ageing to the future of wine itself. Why do some call San Leonardo "Bordeaux with Alpine poise"? How does a narrow valley, fewer hours of direct sunlight, and the Ora wind from Lake Garda shape freshness, lower alcohol, and elegance? We unpack the estate's philosophy, the origins of their flagship San Leonardo wine, and the underrated star of the cellar: Carménère, often mistaken for Cabernet Franc and wildly different here than in Chile. We also dive into the craft side: concrete vats, restrained oak, extraction choices, and what makes Terre such a joy to drink. Then, in the bonus episode, we go deeper into sustainability, Equalitas, biodiversity, pergola versus Guyot, climate change planning, and yes, the famous San Leonardo garden.   For more information about our Podcast, visit us on the web: https://readbetweenthewines.com Follow us on Instagram: https://www.instagram.com/betweenthewinesmedia Connect with us on LinkedIn: https://www.linkedin.com/company/read-between-the-wines

En este episodio de Relatos de la Noche, la comunidad comparte siete historias profundamente perturbadoras. Relatos que ocurren en barrios tranquilos, casas familiares, caminos solitarios y bosques donde algo observa sin ser visto. Escucharás encuentros imposibles, presencias que se manifiestan a través de voces, miradas o silencios, y recuerdos de la infancia que nunca terminaron de irse. Algunas de estas historias son breves, otras más largas, pero todas tienen algo en común: dejan una sensación difícil de sacudir. Te recomendamos discreción. Este episodio no es apto para escuchar con niños alrededor ni para personas sensibles. Si decides quedarte, hazlo sabiendo que estas historias no buscan asustarte de inmediato, sino acompañarte… hasta que ya no puedas dormir. Apaga la luz. Ponte cómodo. Estás escuchando Relatos de la Noche. —

None of Your Goddamn BusinessJohn Morgan Salomon said something during our conversation that I haven't stopped thinking about. We were discussing encryption, privacy laws, the usual terrain — and he cut through all of it with five words: "It's none of your goddamn business."Not elegant. Not diplomatic. But exactly right.John has spent 30 years in information security. He's Swiss, lives in Spain, advises governments and startups, and uses his real name on social media despite spending his career thinking about privacy. When someone like that tells you he's worried, you should probably pay attention.The immediate concern is something called "Chat Control" — a proposed EU law that would mandate access to encrypted communications on your phone. It's failed twice. It's now in its third iteration. The Danish Information Commissioner is pushing it. Germany and Poland are resisting. The European Parliament is next.The justification is familiar: child abuse materials, terrorism, drug trafficking. These are the straw man arguments that appear every time someone wants to break encryption. And John walked me through the pattern: tragedy strikes, laws pass in the emotional fervor, and those laws never go away. The Patriot Act. RIPA in the UK. The Clipper Chip the FBI tried to push in the 1990s. Same playbook, different decade.Here's the rhetorical trap: "Do you support terrorism? Do you support child abuse?" There's only one acceptable answer. And once you give it, you've already conceded the frame. You're now arguing about implementation rather than principle.But the principle matters. John calls it the panopticon — the Victorian-era prison design where all cells face inward toward a central guard tower. No walls. Total visibility. The transparent citizen. If you can see what everyone is doing, you can spot evil early. That's the theory.The reality is different. Once you build the infrastructure to monitor everyone, the question becomes: who decides what "evil" looks like? Child pornographers, sure. Terrorists, obviously. But what about LGBTQ individuals in countries where their existence is criminalized? John told me about visiting Chile in 2006, where his gay neighbor could only hold his partner's hand inside a hidden bar. That was a democracy. It was also a place where being yourself was punishable by prison.The targets expand. They always do. Catholics in 1960s America. Migrants today. Anyone who thinks differently from whoever holds power at any given moment. These laws don't just catch criminals — they set precedents. And precedents outlive the people who set them.John made another point that landed hard: the privacy we've already lost probably isn't coming back. Supermarket loyalty cards. Surveillance cameras. Social media profiles. Cookie consent dialogs we click through without reading. That version of privacy is dead. But there's another kind — the kind that prevents all that ambient data from being weaponized against you as an individual. The kind that stops your encrypted messages from becoming evidence of thought crimes. That privacy still exists. For now.Technology won't save us. John was clear about that. Neither will it destroy us. Technology is just an element in a much larger equation that includes human nature, greed, apathy, and the willingness of citizens to actually engage. He sent emails to 40 Spanish members of European Parliament about Chat Control. One responded.That's the real problem. Not the law. Not the technology. The apathy.Republic comes from "res publica" — the thing of the people. Benjamin Franklin supposedly said it best: "A republic, if you can keep it." Keeping it requires attention. Requires understanding what's at stake. Requires saying, when necessary: this is none of your goddamn business.Stay curious. Stay Human. Subscribe to the podcast. And if you have thoughts, drop them in the comments — I actually read them.Marco CiappelliSubscribe to the Redefining Society and Technology podcast. Stay curious. Stay human.> https://www.linkedin.com/newsletters/7079849705156870144/Marco Ciappelli: https://www.marcociappelli.com/John Salomon Experienced, international information security leader. vCISO, board & startup advisor, strategist.https://www.linkedin.com/in/johnsalomon/  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Rod, Mo, Alex, and Chile talk about comfort TV shows, tell you all about a brand new sport that just dropped, and play another round of The Shout it Out Loud Game.

The Shout it Out Loud Game

Cerrarán puente vehicular de salida del Aeropuerto de TolucaEn Chile, aeropuerto inicia protocolo de seguridad por aviso de explosivosSe requiere donación de sangre para paciente en hospital del EdomexMás información en nuestro Podcast

Our Chief LatAm Equity Strategist Nikolaj Lippmann discusses why Latin America may be approaching a rare “Spring” moment – where geopolitics, peaking rates, and elections set the scene for an investment-led growth cycle with meaningful market upside.Read more insights from Morgan Stanley.----- Transcript -----Nikolaj Lippmann: Welcome to Thoughts on the Market. I'm Nikolaj Lippmann, Morgan Stanley's Chief Latin America Equity Strategist. If you ever felt like Latin America is too complicated to follow, today's episode is for you. It's Monday, February 9th at 10am in New York. The big idea in our research is simple. Latin America is facing a trifecta of change that could set up a very different investment story from what investors have gotten used to. We could be moving towards an investment or CapEx cycle in the shadow of the global AI CapEx cycle, and this is a stark departure from prior consumer cycles in Latin America. Latin America's GDP today is about $6 trillion. Yet Latin American equities account for just about 80 basis points of the main global index MSCI All Country World Equity benchmark. In plain English, it's really easy for investors to overlook such a vast region. But the narrative seems to be changing thanks to three key factors. Number one, shifting geopolitics in this increasingly global multipolar world. We can see this with trade rules, security priorities, supply chains that are getting rewritten. Capital and investment will often move alongside with these changing rules. Clearly, as we can all see U.S. priorities in Latin America have shifted, and with them have local priorities and incentives. Second, interest rates may very well have been peaking and could decline into [20]26. When borrowing cost fall, it just becomes easier to fund factories, infrastructure, AI, and expansion into all kinds of different investment, which become more feasible. What is more, we see a big shift in the size and growth of domestic capital markets in almost every country in Latin America – something that happens courtesy of reform and is certainly new versus prior cycles. And finally, elections that could lead to an important policy shift across Latin America. We see signs of movement towards greater fiscal responsibility in many sites of the region, with upcoming elections in Colombia and Brazil. We have already seen new policy makers in Argentina, Chile, Mexico, depart from prior populism. So, when we put all this together -- geopolitics, rates and local election -- you get to the core of our thesis, a possible LatAm spring; meaning a decisive break from the status quo towards fiscal consolidation, monetary easing, and structural reform. And we think that that could be a potential move that restores some confidence and attracts private capital. In our spring scenario, we see interest rates coming down, not rising in a scenario of higher growth to 6 percent in Brazil and Mexico, 7 percent in Argentina, and just 4 percent in Chile. This helps the rerating of the region. There's another powerful factor that I think many investors overlook, and that is a key difference versus prior cycles, as already mentioned. And that's the domestic savings. Local portfolios today are much bigger, much deeper capital markets, and they're heavily skewed towards fixed income. 75 percent of Latin American portfolios are in fixed income versus 25 percent in equity. In Brazil, the number's even higher with 90 to 95 percent in fixed income. If this shifts even halfway towards equity, it can deepen and support local capital markets; it supports valuation. For the region as a whole, sectors most impacted by this transformation would be Financial Services, Energy, Utilities, IT and Healthcare. Up until now, I think Latin America has been viewed as a region where a lot could go wrong. We asked the reverse question. What could go right? If the trifecta lines up: geopolitics, peaking rates and elections that enable a more investment friendly policy and CapEx cycle, Latin America could shift from being seen mainly as a supply of commodities and labor to far more investment driven engine of growth. That's why investors should put Latin America on the radar now and not wait until spring is already in full bloom. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen to the podcast and share Thoughts on the Market with a friend or colleague today.

In this episode of The Produce Industry Podcast with Patrick Kelly, we break down the biggest takeaways from Fruit Logistica 2026 in Berlin — from data‑driven transformation and sustainability to global trade standards and the rise of storytelling in fresh produce. Patrick also shares his personal journey across Spain, Morocco, Turkey, Egypt, South Africa, Chile, and beyond on a mission to uncover the top citrus making its way around the world.Plus, we feature exclusive on‑site interviews with Jaime Bustamante of the DRC on trade standards and financial protection, and Hannes Taubert of VOG – Home of Apples on strategy, branding, and global communication.If you want to understand where the fresh produce industry is heading — and what's driving the next decade of growth — this episode delivers the insights you need.

For the first time in history, multiple countries have jointly nominated a candidate for UN Secretary General. Earlier this week, Brazil, Chile, and Mexico endorsed Michelle Bachelet—a former president of Chile, former UN High Commissioner for Human Rights, and a survivor of brutal repression under the Pinochet regime. The move is unprecedented—and potentially transformative. What does it signal about the race to replace António Guterres, and how soon might more rival candidates emerge? Anjali and Mark unpack what this coordinated nomination reveals about shifting power dynamics inside the UN. They then turn to the latest Epstein document dump, which has ensnared several prominent diplomats and sent shockwaves through the diplomatic world. Finally, they confront a looming institutional crisis: the UN's cash reserves are so depleted that even the viability of this year's UNGA is now being called into question.

7-day FREE trial of our Intermediate Spanish course, Spanish Uncovered: ⁠⁠www.storylearning.com/podcastoffer⁠⁠Join us on Patreon: ⁠⁠www.patreon.com/storylearningspanish⁠⁠Glossaryvisera: visor anchos: wide sudadera: sweatshirt pacos: (Chile) derogatory name for the police ensuciar: to soilcomité: committeehuevada: (Chile) stupidity, foolishnessFollow us on social media and more: ⁠⁠www.linktr.ee/storylearningspanish

Rod, Mo, Alex, and Chile talk about The Super Bowl, Brad Arnold of 3 Doors Down passing away over the weekend, and they play another round of The Texas Hammer Game. 

Emerging market stocks and bonds are off to a strong start to the year following a stellar 2025. Axel Christensen, Chief Investment Strategist for Latin America at the BlackRock Investment Institute, shares why we think returns can deliver again, though selectivity is key.General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2026 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BII0226-5194293-EXP0227

Long time listeners to the podcast may remember that in the past we've spoken about a variety of different countries including Venezuela, Argentina, Peru, Colombia and Chile, to name but a few. In this episode, we go down under to talk about Australia in answer to a listener request. So, take off your thongs, grab a stubby from the fridge and sit back to learn some interesting facts about this amazing country.  Show notes and more podcasts to improve your English at: http://www.inglespodcast.com/   Las notas del episodio y más podcasts para mejorar tu ingles están en: http://www.inglespodcast.com/  

Alan, Chile... What is goin on...

Die südlichste Region Chiles ist ein weitgehend unberührtes Naturparadies. Doch sei es bei der Energiegewinnung oder im Welthandel: Längst sind internationale Player auf die Region aufmerksam geworden. Dort löst dies gemischte Gefühle aus. Die EU will in naher Zukunft im grossen Stil grünen Wasserstoff aus Chile importieren. Dafür wurden verschiedene Projekte von europäischen Unternehmen angekündigt. In Patagonien sollen mehrere Windparks entstehen. Ein einziger dieser Windparks wäre fast zwei Mal so gross wie der Bodensee. Salvador Harambour sieht darin ein unglaubliches Potenzial für die Region, die unter starker Abwanderung leidet. Durch die Investitionen entstünden Jobs, die jungen Menschen eine Perspektive böten, so der Interessensvertreter der Energiewirtschaft. Anders sehen es Umweltschützer. Sie fürchten die Windturbinen würden zur Todesfalle für zahlreiche Vögel, und warnen vor einer Zerstörung des Ökosystems. Ein Ökosystem, das bislang noch weitgehend intakt ist und neben Zugvögeln auch Pinguinen oder Pumas einen Lebensraum bietet. Chiles neuer Präsident José Antonia Kast, der am rechten Rand anzusiedeln ist, verspricht eine wirtschaftsfreundliche Politik. Während Unternehmer nun auf mehr Tempo hoffen, fürchten Aktivisten und Aktivistinnen den Abbau von Umweltstandards. So, wie es in Argentinien bereits geschieht, wo mit Javier Milei ebenfalls ein rechter Präsident das Land regiert. Auch im Handel gewinnt Patagonien an Bedeutung: Die Magellanstrasse wird für die globale Schifffahrt immer wichtiger. Strategisch ist die Region als Tor zur Antarktis zudem günstig gelegen. Dies alles hat die Aufmerksamkeit der Grossmächte geweckt, die ihre Präsenz in der Region ausbauen.

 Magdalena Cattan Lavin es una diseñadora e investigadora chilena. Trabaja en la Universidad de Chile. Nos cuenta sobre su investigación de doctorado.  Hizo una investigación crítica y situada en colaboraciones con comunidades artesanas. Y puso el foco en las tensiones entre diseñadores y artesanos. A ella le interesa cómo podemos reconocer y poner en valor el conocimiento de las manos. Esta entrevista es parte de las listas: Territorio y diseño, Investigación y diseño, Diseño texti, Educación en diseñol y Chile y diseño. Ella nos recomienda: Sentipensante podcastOrlando Fals BordaThe Little Book of Designer's Existential Crises in 2022 de Lesley Ann Noel et al. Ronroco de Gustavo Santaolalla

A Swedish musician, Mattias, teaches an octopus named Taco to play piano using a specially designed keyboard and a crab reward system. Claire, diagnosed with terminal cancer, receives hundreds of Christmas cards and gifts from strangers after a Facebook post. Scientists in Chile develop a method to harvest water from fog for dry cities. California wildlife officials mistakenly catch the wrong bear while trying to remove one living under a man's house. A diplomat's son, Demetrius, returns a library book checked out in 1989, completing its journey around the world.John also hosts Daily Comedy NewsUnlock an ad-free podcast experience with Caloroga Shark Media!  For Apple users, hit the banner which says Uninterrupted Listening on your Apple podcasts app. Subscribe now for exclusive shows like 'Palace Intrigue,' and get bonus content from Deep Crown (our exclusive Palace Insider!) Or get 'Daily Comedy News,' and '5 Good News Stories' with no commercials! Plans start at $4.99 per month, or save 20% with a yearly plan at $49.99. Join today and help support the show!Get more info from Caloroga Shark Media and if you have any comments, suggestions, or just want to get in touch our email is info@caloroga.com

Hay presencias que no se manifiestan con gritos ni apariciones espectaculares. A veces entran en silencio, se quedan observando… y esperan. En este episodio de Relatos de la Noche, escucharemos historias donde lo sagrado es profanado, donde la infancia juega con cosas que no entiende y donde lo cotidiano se vuelve inquietante sin previo aviso. Una catedral que guarda una confesión imposible, un barrio donde algo responde a los llamados de los niños y un edificio donde una luz encendida revela que no todos saben cómo irse. Tres relatos contenidos, verosímiles y profundamente incómodos. Historias que no buscan asustarte de inmediato, sino acompañarte después, cuando apagues la luz. Apaga todo. Ponte cómodo. Y acompáñanos en estos nuevos Relatos de la Noche. —

One Million Satellites, Space Mushrooms, and Martian ShorelinesIn this action-packed episode of Space Nuts, hosts Andrew Dunkley and Professor Fred Watson explore a variety of cosmic topics that will leave you both informed and entertained. From the ambitious plan to launch a million satellites to the intriguing discovery of Martian shorelines, this episode covers the latest in space exploration and technology.Episode Highlights:- One Million Satellites: Andrew and Fred dive into the shocking news of SpaceX's application to launch up to one million satellites. They discuss the implications of this vast constellation on astronomical observations and the potential challenges it poses for the night sky.- Good News from Chile: The hosts celebrate the cancellation of a large energy project in Chile that threatened to introduce light pollution near some of the world's most significant telescopes. They commend the decision to prioritize astronomical integrity over industrial development.- Artemis II Launch Delay: Following the latest updates on NASA's Artemis II mission, Andrew and Fred discuss a hydrogen leak that has postponed the launch. They reflect on the importance of safety in space exploration and the challenges faced by the Artemis program.- Space Mushrooms: In a delightful twist, the hosts share a fascinating story about astronauts who grew mushrooms in space and enjoyed them upon their return. They highlight the significance of this experiment for future long-duration space missions and food sustainability.- Perseverance Goes AI: The episode wraps up with a discussion on the Perseverance rover's recent milestone of executing its first autonomous drive on Mars, planned entirely by artificial intelligence. Andrew and Fred explore what this means for future Mars exploration and the potential benefits of AI in space missions.- Martian Shorelines: Finally, the hosts reveal exciting new evidence of ancient shorelines on Mars, suggesting that large bodies of water once existed on the planet. This discovery expands the timeline for potential life on Mars and adds to the growing body of evidence supporting a more Earth-like past for our neighboring planet.For more Space Nuts, including our continuously updating newsfeed and to listen to all our episodes, visit our website. Follow us on social media at SpaceNutsPod on Facebook, Instagram, and more. We love engaging with our community, so be sure to drop us a message or comment on your favorite platform.If you'd like to help support Space Nuts and join our growing family of insiders for commercial-free episodes and more, visit spacenutspodcast.com/about.Stay curious, keep looking up, and join us next time for more stellar insights and cosmic wonders. Until then, clear skies and happy stargazing.Become a supporter of this podcast: https://www.spreaker.com/podcast/space-nuts-astronomy-insights-cosmic-discoveries--2631155/support.

Álvaro Martín, el Coach Carlos Morales y Martín Zeitune (CM de @RitmoNBA en redes) analizan los traspasos que vayan a estar ocurriendo en el mismo cierre del límite de la temporada 2025-26 de la NBA. En vivo el jueves 5 de enero de 2026, en simultáneo con El Mercurio de Chile y Ovación de Uruguay.

Rod, Mo, Alex, and Chile talk about the Super Bowl and A.I art. Then in the final hour of the show it's Open Phones Friday.

In this episode of Pekingology, CSIS Senior Fellow Henrietta Levin is joined by Francisco Urdinez, Associate Professor at the Political Science Institute of the Pontifical Catholic University of Chile and author of the new book Economic Displacement: China and the End of US Primacy in Latin America. Francisco unpacks China's strategy in Latin America, how regional countries have experienced China's growing influence, how Chinese firms are replicating U.S. companies' playbook from the early 20th century, and Chinese banks' bad bet on Venezuela.

Wishing you a Happy Galentine's Day season, this episode is dedicated to a thorough look at the concept of feminist love with Esmée Streachailt and Jocelyn Crawley. First up, hear Thistle deliver the podcast greeting before the world news segment with Cat Bradfield featuring stories from the Gambia, Chile, Indonesia and the United States. Next, take a listen to the interview Jocelyn did with Ms. Esmée Streachailt of MedusaRising.org, a wonderful radical feminist organization that engages and inspires young women to join the movement. Esmée and Jocelyn explore patriarchal concepts of love in order to highlight the need for a radical feminist love that uproots and heals. Finally, take a deep dive into the concept of feminist love with Jocelyn's commentary she leaves us with after the interview. Stay tuned 'til the very end for Margaret's explanation of this month's cover art reprinted below. From WLRN's resident graphic designer, Margaret: "I started with the idea of light representing love. Light flowing out of our selves - connecting us. I found a photo of our sun I had captured which showed rays radiating out. I reused some silhouettes I had created for earlier editions, and arranged them to show women in a circle around the source of light, and love, holding hands. For the background I added a NASA image of stars that I altered with colors. Stars across the universe, like our sun, some with the potential for light and love. But it is our earth, and each other which constellates our reality. It is our sun which is the source of light that allows us to live, and to love. It is our selves which bring light and love to each other. Blessed be!"

Rod, Mo, Alex, and Chile talk about an Olympic ski jumping cross scandal, tell you all about boner honey, and play another round of The Read My Lips Game.

The Read My Lips Game

In this episode of Moving Medicine Forward, we speak with CTI Founder & CEO Tim Schroeder and Managing Director of Latin America Jaqueline Aguiar about the region's scientific strength, evolving regulatory landscape, exceptional patient retention, and growing role in rare disease and advanced therapies. They share real‑world examples of record‑speed approvals, high‑quality data, and the cultural dynamics that make LATAM a uniquely powerful environment for clinical trials. A must‑listen for anyone involved in global development or curious about the future of research in emerging markets. 01:22 Why LATAM is a strategic hub: scientific capability, cost efficiency, patient diversity, centralized healthcare, and increasingly fast regulatory timelines.03:32 Tim on LATAM's standout strengths — exceptional data quality, major specialty centers, and cost‑effective trial execution.05:15 CTI's expansion in the region: driven by rare disease needs, global sponsor demand, and Jaclyn's leadership building a resilient LATAM infrastructure.08:04 How LATAM supported global studies during COVID‑19and the ongoing complexities of logistics, sample transport, and country‑specific operations.10:11 Significant regulatory acceleration across Brazil, Mexico, Colombia, Peru, and Chile — including

This is a free preview of a paid episode. To hear more, visit www.globaldispatches.orgFor the first time in history, multiple countries have jointly nominated a candidate for UN Secretary General. Earlier this week, Brazil, Chile, and Mexico endorsed Michelle Bachelet—a former president of Chile, former UN High Commissioner for Human Rights, and a survivor of brutal repression under the Pinochet regime. The move is unprecedented—and pote…

Rod, Mo, Alex, and Chile talk about Super Bowl ads, tell you some things that make them feel old, and debate what the most popular grocery stores in the U.S are. 

Hispanoamérica se encuentra en estos momentos inmersa en un cambio de ciclo político marcado por un desplazamiento del electorado hacia la derecha. Este fenómeno, todo un "pendulazo" conservador, tuvo su punto de partida simbólico con la llegada de Javier Milei a la presidencia de Argentina a finales de 2023. Desde entonces, esta región ha encadenado una serie de victorias de candidatos de derechas que prometen orden, seguridad y más libertad económica. Sus nombres se han ido acumulando en los últimos dos años: Daniel Noboa en Ecuador, Rodrigo Paz en Bolivia tras dos décadas de dominio del MAS, José Antonio Kast en Chile, Nasry Asfura en Honduras y, hace solo unos días, Laura Fernández en Costa Rica. Este vuelco político responde a un cansancio generalizado hacia la clase política y a problemas estructurales que los gobiernos de izquierda que han sido saliendo no lograron resolver. Los ciudadanos han utilizado las urnas para castigar el deterioro de la seguridad, impulsado por el narcotráfico y la violencia de las pandillas, así como el estancamiento económico y una inflación que en algunos países no da tregua. Además, el colapso de la Venezuela chavista, que fue el referente durante veinte años, ha erosionado el atractivo de las ideas de izquierda. En este escenario la propuesta de "mano dura" contra el crimen y la reducción del aparato estatal ha encontrado un terreno fértil. Un factor determinante en este nuevo mapa político es la influencia de Donald Trump desde la Casa Blanca. El gobierno estadounidense está ejerciendo una notable presión diplomática y financiera, premia a los Gobiernos alineados con sus intereses y presiona a aquellos que mantienen relaciones estrechas con China. Presidentes como Bukele, Milei y Noboa han capitalizado su sintonía con el trumpismo. Además, la reciente caída de Maduro en Venezuela ha reforzado la percepción de que Estados Unidos está dispuesto a intervenir de forma directa o indirecta para recuperar su influencia histórica en el continente. Pero esta alineación ideológica tiene un límite infranqueable: la dependencia económica de China. A diferencia de lo que ocurría en el siglo XX, Estados Unidos ya no es el socio comercial dominante para gran parte de Sudamérica. Países como Brasil y Chile exportan mucho más a China que a EEUU, algo que ni los presidentes más alineados con el trumpismo pueden ignorar sin arriesgarse a un suicidio económico. Incluso figuras como Milei, a pesar de que se prodiga en buenos gestos hacia Trump, sabe que necesita estar a buenas con los chinos si quiere que sus políticas de apertura económica den los frutos esperados. De este modo, aunque Hispanoamérica parece decidida a adoptar modelos de derecha en otros ámbitos, en el de la economía seguirá vinculada a China. El éxito de esta nueva ola conservadora dependerá de su capacidad para ofrecer resultados tangibles en seguridad y empleo. Si estos gobiernos lo consiguen el ciclo podría durar muchos años; de lo contrario, la región seguirá atrapada en el vaivén político que la ha caracterizado durante el último siglo. En La ContraRéplica: 0:00 Introducción 3:42 Entre China y la Casa Blanca 33:14 “Contra el pesimismo”… https://amzn.to/4m1RX2R 35:12 El ICE en Minnesota 41:29 David Uclés y la guerra civil 47:21 Mantenimiento de infraestructuras · Canal de Telegram: https://t.me/lacontracronica · “Contra el pesimismo”… https://amzn.to/4m1RX2R · “Hispanos. Breve historia de los pueblos de habla hispana”… https://amzn.to/428js1G · “La ContraHistoria del comunismo”… https://amzn.to/39QP2KE · “La ContraHistoria de España. Auge, caída y vuelta a empezar de un país en 28 episodios”… https://amzn.to/3kXcZ6i · “Contra la Revolución Francesa”… https://amzn.to/4aF0LpZ · “Lutero, Calvino y Trento, la Reforma que no fue”… https://amzn.to/3shKOlK Apoya La Contra en: · Patreon... https://www.patreon.com/diazvillanueva · iVoox... https://www.ivoox.com/podcast-contracronica_sq_f1267769_1.html · Paypal... https://www.paypal.me/diazvillanueva Sígueme en: · Web... https://diazvillanueva.com · Twitter... https://twitter.com/diazvillanueva · Facebook... https://www.facebook.com/fernandodiazvillanueva1/ · Instagram... https://www.instagram.com/diazvillanueva · Linkedin… https://www.linkedin.com/in/fernando-d%C3%ADaz-villanueva-7303865/ · Flickr... https://www.flickr.com/photos/147276463@N05/?/ · Pinterest... https://www.pinterest.com/fernandodiazvillanueva Encuentra mis libros en: · Amazon... https://www.amazon.es/Fernando-Diaz-Villanueva/e/B00J2ASBXM #FernandoDiazVillanueva #hispanoamerica #trump Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals

At the peak of his career, Jack Devine was one of the world's top spymasters. But everybody starts somewhere. In this classic, follow Vanessa Kirby as she recounts the tale of Jack Devine's first overseas assignment, in Chile. It's 1971, and the CIA is determined to undermine the country's socialist government. But as a military coup plot begins to gather steam, he's about to learn an important lesson - be careful what you wish for. From SPYSCAPE, the home of secrets. A Cup And Nuzzle production. Series producer: Joe Foley. Produced by Morgan Childs. Music by Nick Ryan. Learn more about your ad choices. Visit megaphone.fm/adchoices

7-day FREE trial of our Intermediate Spanish course, Spanish Uncovered: ⁠⁠www.storylearning.com/podcastoffer⁠⁠Join us on Patreon: ⁠⁠www.patreon.com/storylearningspanish⁠⁠Glossaryabrirse paso: to make waypasillos: hallways manteles: tablecloths cazuela de mariscos: seafood casserolecomensales: dinersredes: nets buzos: diversveda: closed seasonpo: (Chile) deformation of the word “pues” (well), used at the end of a sentence to emphasize something or simply as a filler word.pillos: scoundrelsFollow us on social media and more: ⁠⁠www.linktr.ee/storylearningspanish

Rod, Mo, Alex, and Chile talk about the anniversary of the day that music died, caviar, and tell you what people say the sexiest professions are.

My guest this week is Orvis-endorsed guide Joe Garza [32:54], a guide from JAG Fly Fishing, who explains the intricacies of still water trout fishing. He discusses common mistakes that anglers make, the importance of understanding food sources, and the need for patience in still water environments. Joe shares insights on matching fly profiles and colors to natural food, as well as effective techniques for using indicators. The conversation emphasizes the unique challenges of still water fishing compared to moving water, providing valuable tips for both novice and experienced anglers. He shares his extensive knowledge on fly fishing in still waters, focusing on techniques such as the hand twist retrieve, effective casting, and the importance of proper hook setting. He emphasizes the significance of maintaining tension in the line and understanding fish behavior, particularly in relation to external factors like weather and water temperature.  In the Fly Box this week we have a lot of questions about tackle and winter reading, including: Is "Sinking Gel" for nymph fishing a waste of money? What is the difference between the 7'1/2 foot 3-weight Superfine Graphite and the 7 ½ foot 3-weight Superfine Glass rods? Is there a book you recommend on trout biology? Are there some books you recommend on learning about hatches? Can you explain the differences between your three books:  Reading Trout Streams, Finding Trout, and Prospecting for Trout? How do manufacturers set the line recommendations for their fly reel models? I am 6-feet, 2 inches tall. Does that mean where most people would recommend a 10-foot rod that I should get a 9-foot rod? What three fly lines would you recommend for a wide variety of fish in fresh and salt water? What fly patterns do I need to imitate the gigantic Cantaria beetle in Chile?

En este episodio de Relatos de la Noche, policías comparten experiencias que nunca olvidaron. Historias ocurridas durante turnos nocturnos, patrullajes rutinarios y llamados que parecían comunes… hasta que dejaron de serlo. Escucharás relatos donde el miedo aparece en lo cotidiano: órdenes que no figuran en ningún registro, lugares que nadie vuelve a recorrer, gritos que obligan a quedarse quieto y decisiones que se toman sin entender del todo por qué. Historias contadas por quienes están acostumbrados a enfrentar situaciones límite, pero que esa noche vivieron algo que no supieron cómo escribir en un informe. Apaga la luz, ponte cómodo… y acompáñanos en estos encuentros macabros de policías. —

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   

En este episodio de Relatos de la Noche, las historias comparten un mismo hilo inquietante: las voces que ya no tendríamos que escuchar. Voces que suenan familiares, que repiten gestos, recuerdos y formas de hablar que reconocemos, y que por eso resultan difíciles de ignorar. A veces parecen consolar. Otras, simplemente observan. Pero escuchar no siempre significa comprender… y atenderlas puede tener consecuencias. Entre espacios que se sienten habitados, recuerdos que no se quedan quietos y presencias que insisten en hacerse notar, este episodio nos recuerda que no todo lo que vuelve lo hace para protegernos. Apaga la luz, escucha con atención y no hagas caso a todo lo que te llame por tu nombre. Bienvenidos a Relatos de la Noche. —