Podcasts about fha

Two-time Emmy and three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Dexter B. Jenkins. The uploaded document features an insightful conversation with Dexter B. Jenkins, a real estate entrepreneur, financial strategist, and pastor, on Money Making Conversations Masterclass hosted by Rashawn McDonald. Here’s a breakdown of the key topics and highlights: Key Themes & Highlights Overcoming Fear in Real Estate Jenkins explains that fear is the biggest obstacle for first-time buyers. He emphasizes education and networking as tools to overcome fear. Faith & Financial Success He discusses the intersection of faith and wealth creation, referencing biblical principles. Jenkins highlights how faith can guide financial decisions and real estate investments. The Real Estate Wealth Creator Blueprint Jenkins shares his personal journey as a second-generation real estate investor. He outlines strategies for building wealth through real estate ownership. The Importance of Partnerships He stresses the value of teaming up with others to invest in real estate. Jenkins explains how clear roles and agreements can prevent conflicts in partnerships. Common Myths About Real Estate Investing He debunks the misconception that large amounts of money are required to invest. Jenkins highlights programs like VA loans and FHA loans that make real estate accessible. Financial Literacy & Generational Wealth He advocates for financial education to ensure wealth is preserved and passed down. Jenkins discusses mentorship and how learning from experienced investors can accelerate success. About Dexter B. Jenkins Dexter B. Jenkins is a faith-based financial mentor, pastor, and real estate investor. He is the author of The Real Estate Wealth Creator Blueprint, which provides strategies for overcoming fear, financial limitations, and inexperience in real estate. Through his work, Jenkins helps individuals build generational wealth by combining faith, financial literacy, and strategic investing. #BEST #STRAW #SHMS Support the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Two-time Emmy and three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Dexter B. Jenkins. The uploaded document features an insightful conversation with Dexter B. Jenkins, a real estate entrepreneur, financial strategist, and pastor, on Money Making Conversations Masterclass hosted by Rashawn McDonald. Here’s a breakdown of the key topics and highlights: Key Themes & Highlights Overcoming Fear in Real Estate Jenkins explains that fear is the biggest obstacle for first-time buyers. He emphasizes education and networking as tools to overcome fear. Faith & Financial Success He discusses the intersection of faith and wealth creation, referencing biblical principles. Jenkins highlights how faith can guide financial decisions and real estate investments. The Real Estate Wealth Creator Blueprint Jenkins shares his personal journey as a second-generation real estate investor. He outlines strategies for building wealth through real estate ownership. The Importance of Partnerships He stresses the value of teaming up with others to invest in real estate. Jenkins explains how clear roles and agreements can prevent conflicts in partnerships. Common Myths About Real Estate Investing He debunks the misconception that large amounts of money are required to invest. Jenkins highlights programs like VA loans and FHA loans that make real estate accessible. Financial Literacy & Generational Wealth He advocates for financial education to ensure wealth is preserved and passed down. Jenkins discusses mentorship and how learning from experienced investors can accelerate success. About Dexter B. Jenkins Dexter B. Jenkins is a faith-based financial mentor, pastor, and real estate investor. He is the author of The Real Estate Wealth Creator Blueprint, which provides strategies for overcoming fear, financial limitations, and inexperience in real estate. Through his work, Jenkins helps individuals build generational wealth by combining faith, financial literacy, and strategic investing. #BEST #STRAW #SHMS See omnystudio.com/listener for privacy information.

Two-time Emmy and three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Dexter B. Jenkins. The uploaded document features an insightful conversation with Dexter B. Jenkins, a real estate entrepreneur, financial strategist, and pastor, on Money Making Conversations Masterclass hosted by Rashawn McDonald. Here’s a breakdown of the key topics and highlights: Key Themes & Highlights Overcoming Fear in Real Estate Jenkins explains that fear is the biggest obstacle for first-time buyers. He emphasizes education and networking as tools to overcome fear. Faith & Financial Success He discusses the intersection of faith and wealth creation, referencing biblical principles. Jenkins highlights how faith can guide financial decisions and real estate investments. The Real Estate Wealth Creator Blueprint Jenkins shares his personal journey as a second-generation real estate investor. He outlines strategies for building wealth through real estate ownership. The Importance of Partnerships He stresses the value of teaming up with others to invest in real estate. Jenkins explains how clear roles and agreements can prevent conflicts in partnerships. Common Myths About Real Estate Investing He debunks the misconception that large amounts of money are required to invest. Jenkins highlights programs like VA loans and FHA loans that make real estate accessible. Financial Literacy & Generational Wealth He advocates for financial education to ensure wealth is preserved and passed down. Jenkins discusses mentorship and how learning from experienced investors can accelerate success. About Dexter B. Jenkins Dexter B. Jenkins is a faith-based financial mentor, pastor, and real estate investor. He is the author of The Real Estate Wealth Creator Blueprint, which provides strategies for overcoming fear, financial limitations, and inexperience in real estate. Through his work, Jenkins helps individuals build generational wealth by combining faith, financial literacy, and strategic investing. #BEST #STRAW #SHMS Steve Harvey Morning Show Online: http://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

We started off this week's show by chatting with Greg Olsen of Redo Cabinets who joined to discuss how refacing your cabinets can revitalize your kitchen. Next, Lindemann Chimney, Fireplace, Heating, and Cooling's CEO, Rob Lindemann joined the show to talk about how summertime is a great time for home repairs. Then, Howard Breitrose and Eboni […]

Featured on WGN Radio's Home Sweet Home Chicago on 06/07/25: Lindemann Chimney, Fireplace, Heating, and Cooling's CEO, Rob Lindemann, joins the program to discuss how summer is a great time to work on your home. To learn more about what Lindemann Chimney, Fireplace, Heating, and Cooling can do for you, go to lindemann.com or give them a […]

Featured on WGN Radio's Home Sweet Home Chicago on 06/07/25: Howard Breitrose and Eboni Garner of Smart Home and Furnishings Show join the show to discuss their upcoming convention September 24- 26th at the Donald E. Stephens Convention Center in Rosemont, IL.

Featured on WGN Radio's Home Sweet Home Chicago on 06/07/2025: Greg Olsen of Redo Cabinets joins the show to discuss how refacing changes the look of your kitchen. To learn more about Redo Cabinets and how they can assist you, visit redocabinets.com or call 630-381-5583.

Author and financial expert, Chris Whelan, joins Keith as they explore the intricacies of the housing market's potential future. Chris drops an intriguing prediction of a possible 20% price correction. They dive deep into the complex world of real estate, examining the pandemic's significant impact on mortgages and economic trends. The conversation reveals the behind-the-scenes challenges of the housing market, from government interventions to the nuanced effects of interest rates and forbearance programs. They unpack the struggles in commercial real estate, particularly highlighting the unique challenges in markets like New York's rent-controlled properties. Chris's new book "Inflated: Money, Debt, and the American Dream" promises an insightful journey through America's economic transformation, tracing how the nation evolved from an agrarian society to a global economic powerhouse. Show Notes: GetRichEducation.com/556 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, what's the state of the housing market for the next five years, and could what's happening in the foreclosure market affect it? I see relative housing market price stability. My guest sees cracks. This could be somewhat of a debate today, then two great new cash flow and real estate markets in the same state that we're helping your portfolio with on get rich education, mid south home buyers, I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider. Their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows and A plus rating with the Better Business Bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter, remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com.   Corey Coates  1:56   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  2:12   Welcome to GRE from Edison, New Jersey to Edinburgh, Scotland, where I am today, and across 188 nations worldwide, I'm Keith Weinhold, and you are back for another wealth building week on get rich education. Today's guest came to me recommended. It came from a guest that we've had on the show here before, Jim Rickards and his daughter Ally Rickards. His name is Christopher Whelan. He has a distinguished background. Comes from a prominent family, and he's the author of a new book that just published a few weeks ago. His father, Richard Whelan, was the biographer of Joe Kennedy, and was advisor to presidents and Fed chairman and today's guest, his son there, Chris. He has done a lot of work in DC. He lives just north of New York City today. So I guess coming recommended from Jim Rickards and learning a few things about today's guest helped me want to host him on the show. So though I'm just meeting him for the first time right here on the show, as it turns out, I learned that he has mentioned on other channels that real estate prices could correct down 20% and fall back to 2020 levels. I absolutely don't see how that's possible in any way. I'm going to bring that up with him, so we'll see. This could turn into somewhat of a debate. Like I said last week, I believe that significantly falling housing prices. That's about as likely as grocery store prices falling back to 2020 levels. Yes, I am in Edinburgh, Scotland today. It's my first time here. My mom, dad and also my brother's entire family came over from the US to meet up. It's been great. We're taking in all the best sites, Edinburgh Castle, other castles, the Scottish Highlands, Loch Ness, though I don't believe in any Loch Ness monster at all. I mean, come on, what a hoax. And we're seeing some other sites, though it didn't really interest the others, which I could understand. I visited the home where Adam Smith once resided, and I might put my video about that on our get rich education YouTube channel, so you could check that out over there. Of course, Adam Smith is considered the father of modern day economics for his work on supply versus demand and the GDP concept, the invisible hand, concept, much of that work conveyed in his magnum opus, The Wealth of Nations, published in 1776 as for the present day, let's meet this week's guest, including me, meeting him for the first time.     I'd like to welcome in a first time guest. He's the author of a widely acclaimed new book. It's named inflated money, debt and the American dream. It just released, and the book couldn't be more timely with the multitude of challenges related to inflation, many involving the housing market in his earlier books, he's been known, frankly, for just telling his readers the truth. He's worked at the Federal Reserve Bank of New York in politics and as an investment banker for more than 30 years. Today, he runs Whalen Global Advisors. You've seen him on CNBC in the Wall Street Journal, and now you're hearing him on GRE Welcome to the show. Chris Whalen.   Chris Whalen  5:43   Thank you, Keith, appreciate your invitation.    Keith Weinhold  5:45   Whalen is spelled W, H, A, l, e, n, if you're listening in the audio only, Hey, Chris, we're in a really interesting time in the economic cycle. We all know the Fed has a dual mandate, high employment and stable prices. What's interesting to me is, late last year, they cut rates by a full 1% and this is despite inflation being above target. Makes me wonder if they care more about high employment and they're rather willing to let inflation float higher. What are your thoughts?    Chris Whalen  6:18   I think historically, that's been the case. You know, the dual mandate Humphrey Hawkins, that drives the Fed's actions today was a largely socialist compromise between the Republicans and the Democrats. The Democrats wanted to guarantee everybody a job after World War Two, the legislation was really about soldiers and people who had served their country in many, you know, places around the world, for a long time, and then you would have the depression. So you had a whole generation or more of people that were looking for help when they came home. And that's what this was. But today, you know, there's another mandate, which is called keeping the treasury bond market open. We saw it was during COVID in 2020 President Trump got up, declared that people didn't have to pay their rent or their mortgages, and then didn't do anything. There was no follow up. At the time, folks in mortgage industry kind of looked at each other funny for about 60 days and said, What's going to happen? Because they have to advance principal, interest, taxes and insurance to protect the house. The first rule in mortgage finances protect the asset. But it all worked because the Fed dropped interest rates to zero and we had a boom. We refinanced two thirds of every mortgage in the United States, and that cash flow allowed the finance forbearance for millions of Americans. Now the unfortunate part, of course, was home prices went up double digits for six years. So why we had no affordability today? So, you know, it helped, but it certainly didn't help in some ways,   Keith Weinhold  7:48   mortgage loan forbearance back in the COVID era about five years ago, where you could basically just skip your mortgage payment and then they increase the overall duration of your loan period.   Chris Whalen  8:00   That's right. So you know, your government market, your conforming market, were falling. They also had various schemes, state forbearance for non agency loans. Nobody thought at all about the multifamily sector and the developers that didn't get paid for two years. And we're feeling the impact of that. Of course, today, that's probably the biggest pain point in US economy today is commercial real estate and multi family real estate, and neither one of them involves a consumer. So it gets no attention at all. You read about it in the specialty press, but that's about it.    Keith Weinhold  8:34   And by talking about multi family not affecting the consumer, you're just talking about who's on the owner side there?   Chris Whalen  8:40   precisely if all of the consumers have problems, you'd hear about it, and you do, especially in some of the blue states. I live in New York, so we have some of the more aggressive rent stabilization, rent control laws in the country. And they go back to World War Two. They go back almost a century,   Keith Weinhold  8:58   right? It's those people in the one to four unit space in residential real estate investing that really got the help there.    Chris Whalen  9:06   Well, at least, you know, the world didn't end. Imagine if all of those people had gone to foreclosure. The industry wouldn't have done that. Of course, they would have thrown up their hands and cried for help. But the point is, they made it work. But the cost of making it work that zero interest rate regime that the Fed put in place is still being felt today. If you look at banks which typically have prime large mortgages on their books, the loss given default is zero. Home prices are so high that if somebody actually goes to foreclosure, they sell the house, they pay off the loan easily, and there's usually a large residual left, which would go to the homeowner. So today, you know, if somebody gets in trouble, we do a short sale, we do a deed in lieu, and off they go. And that's why the stats don't show you the pain that many American families are feeling today, because about 60% of all payoffs of one to four family mortgages are people who. Are exiting the market, they're not going to buy another house. So what that means is that the cost of home ownership, or whatever other factors are involved, has made them make the decision not to go to another home mortgage.    Keith Weinhold  10:13   Yes, we have this historically low affordability that's beginning to be reflected in the home ownership rate. It's trended down from about 66 to 65% recently, we continue to be in this environment here, Chris in the one to four unit space, where those existing homeowners are in really good shape. They have record high equity levels of over 300k A lot of them have their home paid off. About 40% of American homeowners own their home free and clear, and of the remainder, those borrowers, 82% still have a mortgage rate of under 5% and of course, that principal and interest payment stays fixed. So even if there's economic hardship, it's pretty easy for people to make their payments and stay in their homes.   Chris Whalen  11:02   Well, it certainly is for most of the marketplace. If you look at the bottom 20% the FHA market, also the VA market, there's a little more stress there. There's still an awful lot of people who are in various types of forbearance in that market. That's going to end in October. So the Trump administration is pushing most of the rules back to pre COVID approaches for delinquency, for example, what we call the waterfall. And what that basically means is that if an FHA borrower gets in trouble, they'll have one shot at a modification where they lower the loan cost and stick part of the loan out the back to be paid off when the house is sold. If that doesn't take, if they don't re perform, then they're going to go to a foreclosure. We just ended another program for veterans. You know, they had three weeks notice, so now you're going to see a lot of veterans going to foreclosure. Unfortunately.   Keith Weinhold  11:56   yes, this administration is basically making sure that people are responsible or resume their payments. We've seen that student loan repayments needing to resume as well. Most foreclosure rate types are still pretty low, but yes, FHA foreclosure rates are higher than those for conventional loans.    Chris Whalen  12:15   Yeah, the interesting thing is, the veterans delinquency rate is half of the FHA rate, and even though people in uniform don't make a lot of money, they pay their bills. Yeah, it's quite striking.   Keith Weinhold  12:25   Why don't you talk to us more about areas where you see distress in the housing market before we talk about more inflation? Chris, the   Chris Whalen  12:34   key areas of housing stress at the moment are commercial real estate that has become underutilized. COVID drove a lot of this, but also the fact that industries could change their work practices. It could have people work from home. Look at housing. We sent everybody home in 2020 while we increased headcount by a third to address a surge in lending volume. It was insane. I gotta tell you, we were hiring people that we didn't see for months that changed the business model assumptions for a lot of industries. A lot of them moved out of blue states and went down to Florida and Texas. In the mortgage industry particularly, and so we have a lot of older real estate particularly, that is suffering. It has dropped in terms of appraised values. You also have higher interest rates and higher cap rates, that is to say the assumption of returns on the part of investors. So that hurdle has made a lot of these properties impaired, essentially. And then the other subclass is older multifamily properties. Think about those beautiful old apartments in the middle block up on the east side or the west side of Manhattan. They're not big enough to be viable, and so they have become this kind of subprime asset class, much in the way if you recall the signature bank failure, they typically bank these sorts of real estate properties, and now there's nobody that wants them. I think you're going to see some very specific pain coming out of HUD, and also Fannie Mae and Freddie Mac because they bank some of these smaller properties that really aren't bankable by commercial banks. That's what it comes down to. If you're going to read about this and hear about it a lot in the commercial market over next several years. And again, you know, the losses on bank owned multifamily properties today are averaging 100% so that means that there are a lot that have more expenses than simply losing the full loan amount. And you know, if you want to have a bank loan, they're not taking these properties. They don't want them, right? So the bank, REO rate, if you look at the data from the FDIC, is zero. And what that tells you is that they can't sell the properties they don't want them, because if they take ownership, the city's not going to let them abandon the property. They'll have to keep it and maintain it. It's a tough situation. This is. Has evolved over the last 20 years or so, because consumer incomes have been kind of stagnant in real terms. But the cost of operating a property in New York City is not going down. It's going up quite a lot, and the legislation we've seen from Albany doesn't allow owners to recapture expenses, doesn't allow them to renovate apartments. So if I have a rent stabilized apartment, I'll use a real example, in a beautiful building on Central Park South right, to renovate a unit that's been occupied for 20 years, new kitchen, new bathroom, sir, everything services. That's $150,000 so if I'm the owner and I can't recapture that cost. What do I do? I lock the door, I gut the apartment, and I lock the door, and I hope that the laws will change in the future, because I can't rent it, my insurance underwriter will not allow me to rent out an apartment that's not brought up to code. That's New York law, but the folks in Albany don't care about that. We have some really unreasonable people in positions of authority, unfortunately, in some of these states, and you talk to them about these issues, and they don't care. They just pander to consumers, regardless of whether or not it makes sense or not. And that's just the way it is.   Keith Weinhold  16:15   Those evil landlords, quote, unquote, most right evil. They're just mom and pop investors that are trying to beat inflation with real assets, and they have real expenses. Rent Stabilization basically just being a genteel term for rent control, which gives no one an incentive to improve a property for sure   Chris Whalen  16:35   and it reduces the availability of housing ultimately, because nobody builds. You see that in New York right now the home market is pretty tight, up to the conforming limit for Fannie Mae and Freddie Mac so you figure a million, 1,000,002 here in New York. But above that, it's quieted down quite a lot. There's compression in some of the higher end homes. And you know, if you go down south, you see a different problem, which is over building. They didn't want to build here, so they went down to the Carolinas and Texas and Florida. There's a huge amount of both multi family condo type developments and single family homes too. But above that average price level way above half a million dollars.   Keith Weinhold  17:15   Sure, it's made this dynamic where things have been flip flopped in the Northeast and Midwest, where the populations aren't growing very fast, those markets have been appreciating more than those in the high growth southeast, all coming back to supply. They're not bringing on enough new supply in the Northeast and Midwest, Chris has just laid out a few reasons for that, due to this high regulation. And then in the southeast, a high growth area, even though that's where people are moving, we're not getting much appreciation there, because you're able to build and that supply is able to keep up with demand. Well, Chris and I are going to talk more about the housing market and about inflation. When we come back, you're listening to get rich education. Our guest is Chris Whelan, the author of a great new book. I'm your host. Keith Weinhold.   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group 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 Caeli Ridge personally. While it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866.   Kathy Fettke  19:45   this is the real wealth network's Kathy Fettke, and you are listening to the always valuable get rich education with Keith Weinhold.    Keith Weinhold  20:00   You welcome back to get rich education. We're talking with the author of a great new book, Chris Whelan, it's called inflated money, debt and the American dream. Chris, I see the residential housing market and their price points as being resilient. I'm kind of looking around and seeing if you have any places where you think that there are any cracks in that? I've heard you talk elsewhere about a housing price correction. Were you talking in the one to four unit space? And how do you think that could happen?   Chris Whalen  20:31   I didn't come up with that idea. I did a biography of my good friend Stan middleman, who's the founder of freedom mortgage. It's a real rags to riches story of a successful entrepreneur, a great guy, by the way, is a beloved man in the mortgage industry. And so what he believes is that cycles are about a decade in terms of human behavior. And he says misery on the eights, which is kind of a cute way of saying it. And what Stan is basically saying is you eventually see so much price appreciation that affordability goes to zero. You run out of buyers, is another way to put it. And then once the Fed gooses it, he thinks we see an interest rate decline this year next year, perhaps you get rates to run a little bit. You get volumes to jump the way they did last summer. You remember, in the third quarter, we had great volumes in the mortgage industry, carried everybody through to the end of the year, and then after that, he says, we get a price correction, maybe back down to 2020 21 levels. So we're talking about a 20% price correction, and we're talking about the loans that have been made in the last few years being underwater. That's something we haven't talked about in a long time. We haven't talked about that since 2008 so I think that Americans inevitably have to see some kind of a correction. What the Fed did was wrong, what they did was excessive. I write about that in the end of my book, but unfortunately, the result is home prices that have galloped along, and eventually you got to reset it. Part of its supply coming online. Part of it is simply, like, I say, you run out of buyers, and when it's simply that purchase buyer who is either all cash or happens to have the deposit, and that's all you have. And there's no flexibility for people that want to get into the market. You know, that's tough. I could recall Paul Volcker years ago, we were talking about that in the book too. He ratcheted down home prices. He raised interest rates so much that home prices went down, and a lot of builders went out of business who had had a lot of snls go out of business, and, you know, the previous decade. So that was a tough time. We didn't even start to do that this time around, because they were afraid to the Fed is worried about keeping the Treasury market open, so they are afraid of deflation, which unfortunately means you don't get those opportunities to get into the market. I remember my parents, when I was very young, they would buy busted homes in Washington, DC. It was a great way to make a lot of money, and in five years, the House would double. That's the kind of market Washington was   Keith Weinhold  23:05   in my opinion, I don't see how there could be any substantial residential home price correction. Historically that happens when there's a wide swath of homeowners that get into financial trouble, like I was talking about earlier, the homeowner is in great financial shape today. In fact, since World War Two, we've only seen home prices drop substantially during one period. That was that period around 2008 and that's when we had conditions that are opposite of what they are today. We had loans underwritten with liar loans. We had an over supply of homes, like I was saying earlier, inflation can't touch one's principal and interest payment. We're still under supplied with homes. Most experts don't think we'll get that into balance for at least five years. I really don't see how home prices could fall substantially. I also don't see how they could rise substantially, like, say, 10% due to that low affordability, but I expect continued stability in prices?    Chris Whalen  24:02   Well, we'll see. I'm not as sanguine about that, because a lot of people feel house rich on paper, but when the bottom of the stack is really hurting as it is now, FHA delinquency rates really are in probably the mid teens. You don't see that yet in the middle with the 727, 40 FICO type borrowers. But I think over time you could, and if, again, it depends on the economy and some other factors, but I'll tell you right now, you're already seeing a correction in the hyad the bottom half, no. And there's a supply problem here, which I agree with you on. It's going to keep those home price is pretty firm. And even where I am in New York, for God's sake, Keith, there's no construction here. So we just had a house across the street from me go from million one. I live in Sleepy, hollow New York, and you know, this is typically around the conforming limit for prices for most of these homes, and it went for 150 $1,000 over the ask, it was crazy. Went in two weeks now, during COVID, we saw this sort of behavior, and we thought, Well, okay, you had zero interest rates. I got a 3% mortgage, by the way, awesome. But here we have a situation when markets cooled down a lot, and yet the lack of availability is really the driver. So in that sense, I agree with you, but I do think the high end could correct rather substantially.   Keith Weinhold  25:24    And of course, in multi family apartments, that's different. That's where values in a lot of markets have been depressed by more than 30% they were subject to those interest rates being jacked up, and we're still going to see balloon loans mature and people default on those in apartments. The pain is not over with air, but at some point that's going to bottom out, and that'll be a buyer opportunity in apartments.   Chris Whalen  25:47    Well, the thing is, new stuff is going fine. It's what happens is when the new gets built, the older assets down the road get discounted. That's really what's going on. People love new as you know, these kids love a new house, as opposed to an older house.   Keith Weinhold  26:02   Yes, that'll help reset the prices in the new market when you can compare those to what existing values are. Well, Chris, talk to us more about your new book and what the overall thesis of the book is in these critical times.    Chris Whalen  26:16   Inflated is meant to help people understand how our country went from agrarian, sleepy, isolationist America in the 1900s to being the dominant economy in the world and the provider of global money. We talk about how we got here. We talk about Abraham Lincoln and Franklin Roosevelt and many other characters. Obviously, we had to talk about Andrew Jackson, who is now embodied in our president, Donald Trump. We try and frame how this is all going to evolve in the future. And my thesis is basically the global currency role is something you get during or after a war. We took the baton from Great Britain after the First World War, and then by the end of World War Two, everybody in the world was broke, except for us. It was last man standing. And so rebuilt the world. We let everybody take advantage of us, and now President, who's saying, Nope, we got to change this. I think if it wasn't Trump, it would be somebody else. To be honest with you, Americans are tired of high inflation. They're tired of some of the other costs that come along with being the global reserve currency, so we try and frame all of this in an understandable way. And I particularly talk about housing during COVID and how that all really, I think, changed things for many Americans. Home ownership has been one of the basic ways we create wealth in this country, and the fact that we didn't have an opportunity for people to get in cheap with a fixer upper or a house that was foreclosed. You know, I think it's unfortunate, but the system just can't tolerate it. We've gone in 2008 and then in 2020 through two very significant crises when the government bond market stopped working. So we talk about that as well.   Keith Weinhold  28:03   I don't predict interest rates. I think it is really difficult to do you mentioned earlier about the prospect for lower interest rates coming. Everyone wants to know about coming. What's your outlook for the future of interest rates and inflation for just say the next five years? Chris,    Chris Whalen  28:19   I think interest rates will drop. That is to say what the Fed controls, which is short term interest rates. In the next year or so, we'll have a little bit of a boom as a result. But I think the concern about the federal deficit and US debt, the volatility caused by President Trump's trade strategy, and just general I think a sense of uncertainty among investors is going to keep long term interest rates higher than we saw during COVID And really the whole period since 2008 the Fed bought a lot of duration and took it out of the market, so they kept rates low. They're not going to do that as much in the future. I don't think they'll buy mortgage securities again, they are very chastened by that experience. So if they don't buy mortgage backed securities, and if the banks don't become more aggressive buyers, and I don't think they will, then you know, the marginal demand that would drive mortgage rates down is just not going to be there. Banks have been holding fewer and fewer mortgages and mortgage backed securities on their books for 35 years. If you look at the growth in the industry, the dollar amount of one to four family mortgages hasn't changed very much. So when you look at it that way, it's like, you know what's wrong? Two things. They want to only make mortgages to affluent households. They want to avoid headline risk and litigation and fines and all of that. And I think also, too some of the Basel capital rules for banks discourage them from holding mortgages and mortgage servicing rights, which is an area I work in quite a lot.   Keith Weinhold  29:55   It seems to me, like increasingly, the powers. It be the United States government just won't let the homeowner fail. They want to do so much to promote home ownership over the long term, we see relative ease with getting a mortgage. We've seen lower down payment requirements during other times, including COVID. We see the government jump in with things like mortgage loan forbearance and an eviction moratorium for renters. They just don't want to let people lose their homes. It just seems like there's more propensity to give homeowners a greater safety net than ever. Well,   Chris Whalen  30:29   we've turned it into an entitlement. Yeah, and Trump is changing that at the federal level. The states, the blue states, are going to continue to play that game at the state level, and they can even have state moratoria. But what's going to happen, and I think sooner rather than later, is you may see the federal agencies start to tier the states in terms of servicing fees, simply to reflect the cost. It takes over 1400 days to do a foreclosure in New York. Gosh, that is a big problem. You can lose the lien in New York now, it takes so long. So I think that, you know, from an investor perspective, from a developer perspective, it's not an attractive venue. That's just the reality. Then you even California is as progressive and as activists as it is, you can still get a foreclosure done very quickly using the trustees. It's just a totally different situation. If there are complications, you can get into a judicial foreclosure, which will take longer. But still, California works. New York is deliberately dysfunctional. We have people in the state legislature who are in foreclosure themselves, and they keep passing these laws. So, you know, I think at the federal level, you're going to see it roll back to pre COVID, but I will say that forbearance, both with respect to the agency and conventional market and private loans, is kind of the rule. Now we work with the borrower much more than we would in the past. It's it is really night and day.   Keith Weinhold  32:00   Chris, your new book has gotten a lot of acclaim. Let us know anything else that we should know about this book, and then if we can get it in all the usual places   Chris Whalen  32:10   you can buy it at Barnes and Noble Amazon. I have a page on my website, RC, waylon.com, with all the relevant links. But the online is the best way to get it. Most of the sales are on Kindle anyway, but well over 90% are online, so we don't have to worry about physical books. I think we'll be doing some book signings in the New York area. So we'll definitely let you know about that.   Keith Weinhold  32:33   One last thought is that the rate of inflation means more to a real estate investor than it does to a layperson, maybe five times as much or more, because when we borrow for an income property, our asset floats up with inflation. That part's really just a hedge on inflation. Our debt gets debased by inflation, which is really a mechanism for profiting from inflation over time. And then, thirdly, our cash flow tends to go up even faster than the rate of inflation, since our principal and interest stays fixed, so real estate investors can often be the beneficiary of inflation. It's sort of strange to go root for a force like inflation that can impoverish so many people. But what are your thoughts with respect to real estate investors and inflation?   Chris Whalen  33:19   Well, you know, it's funny when Jerome Powell at the Fed says that they have a 2% inflation target, my response is, well, we better have at least 2% inflation if we're going to make commercial real estate work. Commercial real estate went up for 75 years after World War Two. I can remember when I was in the rating business at Crowell bond ratings going to see some of the banks here in New York, their multifamily books had only seen the equity underneath the asset go up and up and up. In other words, the land ended up being 90% of the value, you know, 1520, years after the purchase and the improvements were almost worthless simply because the land appreciated so much. Now that has changed since COVID. A lot of commercial real estate, particularly has gotten under a bit of a cloud. You've seen falling prices. However, in parts of the country that are growing where you have a positive political environment, positive economic environment, you're still seeing fantastic growth in both commercial and multifamily markets. So I think being very careful and patient in doing your homework in terms of picking venues is more important now than ever before. You know, I'll give you an example. Down in Florida, we're building new malls every day. The mall down the road that's 15 years old. There's nothing wrong with it, but it's 15 years old. And so the price discounts that you're seeing for existing assets are rather striking. Same thing down in the Carolinas, down in, you know, Atlanta, and going down to the Texas growth spectacle, I'm always astounded by what's going on in Texas. They built so much in that whole area around South Lake, out by the airport. It, they're going to basically subsume used it. So, you know, in those markets, you have great opportunities, but you also have over building. And so we're going to see some cycles where they're going to be deals out there for projects that maybe were a little too ambitious have to get restructured, and astute investors can come in and do very well on that   Keith Weinhold  35:20   like we often say around here, in real estate investing, the market is typically even more important than the property itself. The name of Chris's new book, again, is inflated money, debt and the American dream. It has an awful lot of intersections with real estate investors and how they can play inflation. Uh, Chris has been a terrific conversation about the real estate market and larger market forces. It's been great having you here on the show.   Chris Whalen  35:47   Thank you, Keith. Let's do it again.   Keith Weinhold  35:49   Yeah, some good insights from Chris, a smart guy. And gosh, what a really sad state for rent stabilized apartments in New York City, where landlords of some of those properties, they would have to spend sometimes hundreds of 1000s of dollars in order to bring them up to code, but then they couldn't charge enough rent to offset those expenses due to government intervention and price fixing, so landlords just lock up the property vacant. And this sort of harkens back to when we were talking about some of this last year, when we had documentary film maker jen siderova on the show with her film called shopification, and it was about how rent control slowly makes neighborhoods fall into disrepair. All right, Chris and I had some difference of opinion there on the prospects for a home price correction. I think I made most of my points. He did, though, talk about running out of home buyers. If I have him back, maybe I'll pick up right there. More buyers are baked into the demographics, like I think I shared with you one time the US had its highest ever birth rate years between 1990 and 2010 more than 4 million births per year for a lot of those years. Just to review this with you, you might remember that 2007 was the US is peak birth year. Add 38 years to that for the average first time homebuyer age, and that housing demand won't even peak until 2045 and it will continue to stay high for a few years after that. So that's where the demand is just going to keep coming from, just piling on. And when I say that loan conditions have eased for American homeowners, like I did there during the interview, of course, what I'm talking about is the long term. I mean, lending conditions got more rigid after 2008 and with the adoption of Dodd Frank. What I'm talking about is, before the Great Depression, it was most common to have to make 50% to 60% down payments on property, and you had to repay the entire note in five to 10 years. I mean, can you imagine how that would hurt affordability today and then later, by 1950, 15, year loans were the common one. I mean, even that would impair affordability today. Today, 30 year loans are the common one, and you can put as little as 3% down on a primary residence. A lot of people don't know that either. It does not take 20% on a primary residence. So that's what I mean about the relative ease of credit flow today. Now, Chris has knowledge about other parts of the real estate market that I don't for his work inside DC and in other places like the foreclosure market. We talked about some of that right after the interview. For example, He was letting acronyms like NPL roll off his tongue, and I had to ask him what that meant. That's a non performing loan. Check out Chris's new book. Again, it's called inflated money debt in the American dream. And again, his website is RCwhalen.com and Chris also has a great sense of history, which we didn't get into, longtime real estate guys radio show co host Russell gray and I will discuss monetary history here on the show soon. Like I said, I'm coming to you from Edinburgh, Scotland this week, even if you don't see great sites, you know, it's interesting just walking the historic streets here, if you're an American that's visited here before, you surely know what I mean. And I told you that I'd let you know, the current real estate transaction I'm involved in is paying $650 a night for the hotel here in Edinburgh. Yes, that's a lot. I've actually paid less for fancier places in Dubai, but this hotel here is on the Royal Mile. Of course, I could have found less expensive accommodations elsewhere.    Speaking of less expensive, here's an announcement. And we have new investment property providers at GRE marketplace, two of them, the markets are both in Oklahoma, and they are Oklahoma City and Tulsa, Oklahoma as a state, is known for landlord friendly eviction processes and legal systems, kind of the opposite of New York. So this makes your property management more predictable. Now, when we look at this city, OKC has the lowest priced new single family rentals. I can think of it under 160k Yes, that really puts the exclamation point on inexpensive and favorable rent to price ratios often exceeding 1% which is obviously attractive for cash flow, meaning a 150k single family rental could yield over $1,500 in rent. There's high rental demand in certain sub markets. We have scouted out those exact places for you in the OKC metro, like Edmond Moore spelled M, O, O, R, E, and Midwest City, all supporting consistent rent income, though it was once really oil dependent, OKC has diversified economically, reducing your risk tied to commodity cycles and ok sees local economy that's supported by industries including aerospace, energy, health care and logistics. Then there's Tulsa. Tulsa has the highest cash flowing new build duplexes, perhaps anywhere in the US that I know about. On the single family rental side, a lot of Tulsa investors can find properties under 150k with monthly rents again exceeding 1% of the purchase price, clearly ideal. So yes, both Oklahoma City and Tulsa are now on GRE marketplace. You can either visit the pages and see them there, or one of our qualified, experienced GRE investment coaches. Meet with them. They can help guide you to the very best deals and show you the specific property addresses available right at this time for whatever best meets your needs. If you're looking to either start or expand to another market and you seek cash flow, you really need to consider Oklahoma. Yes, it is free to have a strategy session with an investment coach, whether that's for Oklahoma or other investor advantage regions. I often like to leave you with something actionable. You can start at GREinvestment coach.com start book a meeting for a free strategy session remotely. That's at GREinvestment coach.com, until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Dolf Deroos  42:51   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. 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  43:14   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got pay walls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you'll also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre to 66866. While it's on your mind, take a moment to do it right now. Text, gre to 66866.   The preceding program was brought to you by your home for wealth, building, getricheducation.com.

Featured on WGN Radio's Home Sweet Home Chicago on 05/31/2025: Perma-Seal Basement Systems’ Chief Operating Officer Joel Spencer joins the show to talk about concrete lifting and leveling. Joel discusses how their PolyLevel foam works, how it interacts with soil, and the aesthetics of the finished product. To learn more about the services Perma-Seal provides, […]

We started off this week's show by chatting with BluSky Restoration Contractors' Business Development Manager Pete Marrero to share tips on what to do after storm damage occurs. Next, Perma-Seal Basement Systems‘ Chief Operating Officer, Joel Spencer, discusses concrete lifting and leveling. Then, Barry Brownstone, owner of Sears Garage Doors, joins to talk about garage door […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/31/2025: Barry Brownstone, owner of Sears Garage Doors, Air Duct and Dryer Vent Cleaning, joins the show to discuss how often you should clean your dryer vents. Additionally, Barry shares the timeframe of their services and discusses the importance of keeping your vents clean to prevent […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/31/2025: BluSky Restoration Contractors' Business Development Manager Pete Marrero joins the program to discuss water and fire damage restoration. Pete also shares what we can expect during storm season and offers tips on what to do after damage occurs. To learn more about what BluSky Restoration […]

First Time Homebuyers Hit a Record Low With the high cost of housing and higher interest rates, people trying to get their first home dropped to a record low around 23% in 2024. The average age of the first-time homebuyer has increased 10 years over the historical average to 38 years old. The median income is now $97,000 and the first-time home buyers are coming up with an average down payment of 9% of the value of the home. Many of these young buyers are using FHA loans, which require a very small down payment and according to research roughly 30% of all FHA mortgages have a debt service ratio of over 50%. This means more than half of these buyers' incomes is going toward servicing debt. This could be a hard pill to swallow for young buyers with not much money left over for luxuries like vacations and new cars. However, if when they buy the home, they understand that if they really tighten their belts for the next three to four years, they will probably be fine. New home builders are doing what they can to try and get rid of the largest inventory of unsold homes on their lots since 2009. The median price of a new home is currently less than one percent higher than the median price of existing properties, which historically has seen a 17% premium. The home builders are using profits from their homes to buy down mortgages. Even though the 30-year mortgage was recently around 6.8%, home builders can buy these mortgages down which led buyers of new homes to a rate around 5%. Buying down these rates has cost home builders about 8% of the purchase price of the home. This reduces their profits but better than the alternative of sitting on unsold homes with a carrying cost for the builder. I don't see this situation getting better anytime soon because I'm not looking for a large decrease in mortgage rates and incomes over the next year will probably increase somewhere around 3 to 4%. We continue to believe the rapid increase in the price of homes over the last few years will not last and it will now take some time to get back to normal market. Maybe we will see a better real estate market in 2027 or 2028.   Is Bitcoin coming to your 401k? I have been concerned with bitcoin and crypto as a whole for several years for many reasons including fraud, illicit activity, and the fact that there is really no way to derive an intrinsic value for it since there is no earnings, cash flow, or anything really backing the asset class. I was disappointed to see the current Labor Department removed language that cautioned employers to exercise “extreme care” before making crypto and related investments available to their workers. They cited “serious concerns” about the prudence of exposing investors' retirement savings to crypto given “significant risks of fraud, theft, and loss.” While this isn't necessarily a full-on endorsement for placing crypto in 401k plans, it definitely seems like the administration is continuing on its path to try and normalize crypto as an established asset class. Even with this change in language I would be surprised to see a huge surge in cryptocurrencies within 401k plans. Ultimately, ERISA bestows a fiduciary duty on employers and company officials overseeing 401k investments and that means legally employers must put the best interests of 401(k) investors first and act prudently when choosing which investments to offer (or not offer). Given the extreme volatility within crypto I believe it would be a huge risk for these companies to offer it as it could open them up to lawsuits if there are major declines. We'll have to see what other changes are made as time progresses, but I don't believe crypto has any place within a 401k plan at this time.   Inflation report shows continued progress The personal consumption expenditures price index, which is also known as PCE and is the Federal Reserve's key inflation measure, showed an annual increase of just 2.1%. Core PCE, which excludes food and energy, showed a gain of 2.5%. Both results were 0.1% below their respective estimates. Overall, inflation has continued to cool and is now quite close to the Fed's 2% target. The question that remains is how will tariffs ultimately impact inflation? An economist from Pantheon Macroeconomics said that he believed core PCE would peak later this year between 3.0% and 3.5%, if the current mix of tariffs remained in place. I would say it is difficult to forecast the tariff impact since we don't know what will ultimately be passed on to the end consumer. It will definitely be interesting to see what numbers look like in the coming months, but ultimately, I believe most of the concerns around inflation are overblown and even if the rate for PCE is around 3%, I don't see that as being problematic for the economy.     Financial Planning: What it Means to be an Accredited Investor An accredited investor is someone who meets specific income or net worth thresholds—such as earning over $200,000 annually ($300,000 with a spouse) or having over $1 million in net worth excluding their home—and is allowed to invest in private securities offerings not registered with the SEC. These investments, which include private REITS, private equity, hedge funds, and startups, often promise high returns but carry significant risks such as illiquidity, limited transparency, and the potential for total loss. While many of these offerings are only available through fiduciary advisors—who are legally obligated to act in their clients' best interest—investors must still exercise caution. Fiduciary duty applies only in certain contexts (such as investment advice) and may not extend to related areas like insurance or commission-based products. Additionally, what qualifies as “acting in your best interest” is often subjective and open to interpretation. Working with a fiduciary does not guarantee protection, and investors should remain vigilant, ask questions, and independently evaluate any recommendation. Also, private investments aren't necessary better than public investments, so just because you qualify as an accredited investor doesn't mean you should be investing in private securities.   Companies Discussed: Regeneron Pharmaceuticals, Inc. (REGN), Intuit Inc. (INTU), Target Corporation (TGT) & Toll Brothers, Inc. (TOL)

The Guild Mortgage Company wants to be your home loan lender. They do all types of mortgages; FHA, VA, USDA & Conventional. Guild Mortgage Company is an Equal Housing Lender; NMLS 3274. Roy West NMLS 316801 Phone (409) 866-1901.

For home inspectors (especially with construction backgrounds) 203k consulting might be the perfect way to expand your business while helping buyers transform fixer-uppers into dream homes.As a 203k consultant, you become the linchpin of successful renovation projects. The process begins with a comprehensive property inspection to identify minimum FHA requirements, then expands to include client renovation wishes. You'll create detailed specifications of repairs with line-by-line cost estimates, evaluate contractor bids, and perform regular draw inspections to ensure work meets standards before payments are released.The financial rewards are substantial—consultants earn $500-2000 for initial specifications and $375 plus mileage for each draw inspection. For those with solid construction knowledge and estimating skills, the hourly rate often exceeds standard home inspection fees. But perhaps the greatest reward comes at project completion, when you've helped transform "the worst house on the block" into something beautiful.Ready to expand your inspection business? If you have construction experience, consider applying to HUD for a consultant ID. With many markets experiencing a shortage of qualified 203k consultants, this specialized service could become your most satisfying revenue stream.Check out our home inspection app at www.inspectortoolbelt.comNeed a home inspection website? See samples of our website at www.inspectortoolbelt.com/home-inspection-websites*The views and opinions expressed in this podcast, and the guests on it, do not necessarily reflect the views and opinions of Inspector Toolbelt and its associates.

Featured on WGN Radio's Home Sweet Home Chicago on 05/24/25: Andrew Simmons, Owner & Operator of Simmons Power & Soft Washing, joins to discuss the value that powerwashing can add to a home, oil stains on driveways, and roof cleanings. Visit simmonspower-softwash.com for more information and for a free quote, call (847) 416-8869.

Featured on WGN Radio's Home Sweet Home Chicago on 05/24/25: Perma-Seal Basement Systems' Chief Operating Officer Joel Spencer discusses leveling municipal sidewalks, preparing for storms, and installing drain systems. To learn more about Perma-Seal’s services, go to permaseal.net or call 1-800-421-SEAL (7325).

We started off this week's show by chatting with Perma-Seal Basement Systems' Chief Operating Officer, Joel Spencer, about preparing your home for storms. Lindholm Roofing's Assistant Manager Mike Huston, joined the show to talk about roof inspection practices. Then, Andrew Simmons, owner and Operator of Simmons Power & Soft Washing, shares the benefits of power washing and talks […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/24/25: Lindholm Roofing's Assistant Manager Mike Huston to the rescue! Listen in while Mike talks about roof inspection practices, gutters, and more! To learn more about what Lindholm Roofing can do for you, go to lindholmroofing.com or call them at 773-283-7675.

The Guild Mortgage Company wants to be your home loan lender. They do all types of mortgages; FHA, VA, USDA & Conventional. Guild Mortgage Company is an Equal Housing Lender; NMLS 3274. Roy West NMLS 316801 Phone (409) 866-1901.

In this engaging conversation, Bryce Stewart shares his transformative journey from being a public school teacher to a successful real estate investor with 37 doors. He discusses the pivotal moments that led him to realize the potential of real estate investing, the importance of taking action, and how faith plays a role in his financial decisions. Bryce emphasizes the significance of leveraging FHA loans and the concept of investing for eternal value, while also highlighting the importance of family and personal growth in his life.Ultimate Show Notes:00:01:05 - Bryce's Journey to Financial Freedom00:01:55 - Bryce's Background as a Teacher00:02:13 - The Epiphany: Realizing Money Beyond a Job00:06:22 - The Importance of Alternative Income00:07:53 - First Steps into Real Estate Investing00:09:09 - Finding the First Duplex00:11:59 - Breaking Through the Wall to Wealth00:19:01 - Faith and Financial Stewardship00:23:18 - Converting Temporary Gains into Durability00:25:19 - Philanthropy and Giving Back00:27:02 - Family Life and Summer Adventures00:28:01 - Scaling to 37 Units: The Capital Journey00:33:07 - Resources and Coaching Opportunitieshttps://www.brycestewart.net/ https://www.amazon.com/House-Hackers-Guide-Galaxy-Millions-ebook/dp/B08R2ZX7LH?ref_=ast_author_dp  Turn your unique talent into capital and achieve the life you were destined to live. Join our community!We believe that Capital is more than just Cash. In fact, Human Capital always comes first before the accumulation of Financial Capital. We explore the best, most efficient, high-integrity ways of raising capital (Human & Financial). We want our listeners to use their personal human capital to empower the growth of their financial capital. Together we are stronger. LinkedinFacebookInstagramApple PodcastSpotify

 I do Residential Mortgages in the State of Florida only, that is where I am licensed. Most of my business is from Pinellas, Hillsborough, and Pasco County. I am doing more loans all over the State as time goes on.  I love to go to my closings and will drive up to 1 hour to be there at your closing. I do Fnma/FHMC, FHA, VA, C/p, Nonqm mortgages.  On the Commercial side the whole Country is open and if you are having difficulty with your lender and not going anywhere, go to www.ddamortgage.com and complete a form and I will get back with you.  Technology has made it so easy to help get your mortgage processed and closedI am always available to help out and I  answer your questions and teach you along the waytune in and learn at  https://www.ddamortgage.com/blogdidier malagies nmls#212566dda mortgage nmls#324329 Support the show

Ever wonder what today's land and house sellers are really thinking? In this episode of The Land Academy Show, Steven Jack Butala and Jill DeWit dive into the evolving seller profile of mid-2025—and it's not what it used to be. With the market shifting toward buyers and inventory piling up, understanding who's selling and why has never been more critical.But first, we're taking a detour through Greece, whiskey by the campfire, and a debate over Paris vs. Walmart, as Jack and Jill reveal their dream getaways and how they really define being pampered.Then it's back to business. Whether you're flipping land, navigating FHA offers, or rewriting your first three questions to sellers—this week is packed with actionable insights for savvy investors. The landscape is changing. Are you ready to adapt? Tune in now to find out what's motivating sellers in 2025—and how to use that insight to close better, faster deals.

We started off this week's show by chatting with Rose Pest Solutions' Marketing Director Janelle Iaccino about how to prep your yard to keep mosquitoes away before your summer parties. Then,  Integrity Concrete Coatings' Teagan Overhaug joins the show to discuss the services their company offers. And Vice President and Sales Manager Igor Murokh, AKA Mr. […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/17/25: Vice President and Sales Manager Igor Murokh, AKA Mr. Floor, joins the show to discuss how humidity affects your floors. To learn more about Mr. Floor Companies, their products, and what services they provide, go to mrfloor.com or call 847-674-7500.

Featured on WGN Radio's Home Sweet Home Chicago on 05/17/25: Integrity Concrete Coatings' Teagan Overhaug joins the show to discuss the services their company offers. To learn more, you can call 815-220-5015 or visit integrityconcretecoatings.com

Featured on WGN Radio's Home Sweet Home Chicago on 05/17/25: Rose Pest Solutions' Marketing Director Janelle Iaccino, A.K.A. ‘The Bug Girl', joins the program to discuss bug proofing your yard just in time for summer. To learn more about Rose Pest Solutions and what they can do for you, go to rosepestcontrol.com or call 1-800-GOT-PESTS.

The Guild Mortgage Company wants to be your home loan lender. They do all types of mortgages; FHA, VA, USDA & Conventional. Guild Mortgage Company is an Equal Housing Lender; NMLS 3274. Roy West NMLS 316801 Phone (409) 866-1901.

This "Burn Your Boats" episode reveals a game-changer for aspiring homeowners: FHA loans are back in business! David Shaw shares a recent experience selling a Florida duplex to a young couple using an FHA loan. Despite requesting seller concessions for half their down payment and closing costs, the deal was a win-win.The couple put down just $16,000 (1.5%!) on a $555,000 duplex. By living in one unit and renting the other, their net monthly housing cost is an incredible $1,211 – or just $600 each! This immediately makes them real estate investors with tax benefits.This episode is a powerful message: FHA loans are now a viable path to homeownership, offering significantly lower costs than renting. Share this with anyone who thinks homeownership is out of reach – it's time to seize the opportunity!Soundbites:"FHA loans are back in business!""Imagine that that's living for $600 a month. They're now real estate investors. They now get property tax deductions. They get their depreciation on the property." "What I think is happening is buyers are now in the driver's seat and buyers know that they can go out and get a deal." Chapters: 00:01 Introduction & Podcast Purpose1:04 The Duplex Property & Market Context03:19 The FHA Loan Revelation7:07 The Incredible Deal for the Buyers10:19 Call to Action: Share with someone you know!Keywords: FHA loans, first-time homebuyers, real estate investing, affordable housing, low down payment, seller concessions, housing market, burn your boats wealth podcast, David Shaw#FHALoans #FirstTimeHomeBuyer #RealEstateInvesting #AffordableHousing #LowDownPayment #SellerConcessions #HousingMarket #DuplexLiving #FinancialFreedom #BurnYourBoats Hosted on Acast. See acast.com/privacy for more information.

When choosing a mortgage lender, it's important to carefully compare several key factors to ensure you get the best deal and the right fit for your financial situation. Here's who you might consider and how to evaluate them:1. Types of Lenders to ConsiderBanks: Traditional option; may offer relationship discounts if you have accounts there.Credit Unions: Often have lower rates and fees; membership may be required.Mortgage Brokers: Shop multiple lenders on your behalf but may charge a broker fee.Online Lenders: Often streamlined and convenient; compare their rates carefully.Non-bank lenders: Can be more flexible for unique financial situations.2. What to Look ForInterest Rates: Fixed or variable—get quotes from multiple sources to compare.Fees: Application, origination, underwriting, appraisal, and closing costs.Loan Types Offered: Conventional, FHA, VA, jumbo, etc., based on your eligibility.Customer Service: Look for responsive, transparent, and helpful communication.Reputation: Read reviews and check ratings from the Better Business Bureau or Trustpilot.Preapproval Process: A good lender should make this easy and informative.3. Best PracticeGet at least 3 quotes from different lenders.Ask for a Loan Estimate from each so you can compare total costs side-by-side.Consider long-term value, not just the lowest monthly payment—compare APRs.tune in and learn https://www.ddamortgage.com/blogdidier malagies nmls#212566dda mortgage nmls#324329 Support the show

Join us for an inspiring episode of Leading to Profit with Janet Tonkins, the "Cash Flow Diva," as she shares her incredible journey from growing up in poverty to building a $ 750 M+ real estate empire.    Discover her wealth-building strategies, passion for financial literacy (especially for women and children), and groundbreaking community projects for grandparents and veterans. Learn how she turned properties into profit and gained her wealth through real estate.   Janet Tonkins, The Cashflow Diva, is a real estate mogul, wealth strategist, and national speaker with 30+ years of experience. A recipient of two 2024 Presidential awards, she's built a $750 M+ portfolio and empowers women to break generational poverty through real estate investing.    Known for her mantra, 'I buy houses like women buy shoes,' Janet is a bestselling author, philanthropist (notably for housing veterans and grandparents), and dynamic speaker featured on NPR, USA Today, and at Speaker-Con. Her upcoming book, Purses, Heels, Houses, Shoes—You Choose, and her mission to launch a kiddie real estate and finance academy, reflecting her passion for financial literacy.    Key Takeaway: How to “house-hack”: Bought her first property (23 rooms!) in 1987 and rented portions for cash flow Utilise government programs: Teaches how to use FHA, Veterans loans, and Housing Choice vouchers Rehab & refinance property: Prioritises quality renovations and extracts equity to scale investments Resources:  Janet's site: www.thecashflowdiva.com Janet's Facebook: www.facebook.com/thecashflowdiva Janet's LinkedIn: www.linkedin.com/in/janet-tonkins If you want to create a reliable cash flow for your business, I have some tools and resources that can help. Take the Profit Scorecard (3 minutes) and identify where you are leaking profit now – click here.

In this episode of Go Gaddis Real Estate Radio, Cleve Gaddis unpacks two essential pieces of the mortgage puzzle: PMI (Private Mortgage Insurance) and MIP (Mortgage Insurance Premium). If you're planning to buy a home with less than 20% down—or using an FHA loan—this is a must-listen segment.

Featured on WGN Radio's Home Sweet Home Chicago on 05/10/25: Welcome Lisa Greenberg of Sealmaster, Inc. to the show! Listen in while Lisa highlights their cleaning services and how they can help protect your furniture and fabric from future staining. For more information about Sealmaster, Inc. and what they can do for you, call 847-480-7325 […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/10/25: David Hochberg is joined in-studio by Lexi Nortman, Lila Gallinson, Mimi Peifer and Andrew Weingardt to highlight their product, one80 Soap, and their mission to repurpose oil and create eco-friendly soap. For more information, visit one80soap.wixsite.com/180-soaps-3.

We started off this week's show by chatting with Sara Andreas of Robert R. Andreas & Sons, Inc. General Contractors Specializing in Concrete about rust and if it will damage your concrete. Next, Amer Khan, a Design and Energy Expert with Next Door & Window joined the show to talk about how to properly vet companies to see who […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/10/25: Amer Khan, a Design and Energy Expert with Next Door & Window, joins the show to discuss how you can properly vet companies to see who can provide you with the best service. To learn more about what Next Door & Window can do for […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/10/25: Sara Andreas of Robert R. Andreas & Sons, Inc. General Contractors Specializing in Concrete joins the show to answer listener questions, including if rust can damage your concrete. To learn more about Robert R. Andreas & Sons, Inc. General Contractors Specializing in Concrete, and what […]

Unlock the secrets to massive real estate profits with short sales! Join us on the Real Estate Entrepreneurs Podcast as we dive deep with the one and only David Randolph, a 15-year short sale veteran. David reveals how he consistently buys properties at deep discounts by working directly with homeowners facing foreclosure and negotiating with banks. Discover David's unique strategies, including his targeted direct mail approach to motivated sellers and his insider knowledge of how banks truly evaluate short sale offers (hint: it's not always about the appraisal!). Learn how to finance these deals using hard money (David even lends!) and the surprising truth about "wholesaling" short sales. Plus, with a potential surge in foreclosures on the horizon, mastering short sales now could be your key to incredible real estate opportunities. Ready to tap into this powerful niche? David shares alarming statistics about rising FHA loan delinquencies, signaling a coming wave of short sale possibilities. He's even offering a FREE two-hour short sale workshop for our listeners! Visit thedavidrandolph.com to learn more. Don't miss this game-changing episode!     #ShortSaleSecretsRevealed #RealEstateShortSales #ForeclosureInvestingTips #DavidRandolphExpert #BankNegotiationStrategies #DistressedPropertyDeals #REIPodcast #RealEstateInvestorTips #CreativeRealEstateFinance #DeepDiscountRealEstate #UnlockShortSaleProfits #ForeclosureOpportunities #RealEstateExpertAdvice #ShortSaleMastery #BankOwnedProperties #InvestmentRealEstateNow #ProfitableShortSales #RealEstateMarketShift #FutureOfForeclosures #REIDeals #ShortSaleStrategies #NegotiatingWithBanks #DistressedSellerSolutions #HardMoneyForREI #WholesalingShortSales #REIFinancingOptions #PropertyDeals2025 #InvestmentOpportunitiesNow #LearnShortSalesFree #TheDavidRandolphMethod #RealEstateWealthBuilding #FinancialFreedomThroughREI #SmartRealEstateInvesting #InsiderRealEstateTips #MaximizeREIProfits #ShortSaleBlueprint #RealEstateSuccessSecrets #ActionableREIAdvice #YourRealEstateEdge #MasteringShortSalesNow

In a major shift, HUD and the FHA are walking back a Biden-era policy on foreclosures that gave nonprofits and government agencies first access to buy distressed properties. Originally intended to support affordable housing and community revitalization, the policy has delivered underwhelming results—prompting officials to reverse course. In this episode of Real Estate News for Investors, Kathy Fettke breaks down what this rollback means for investors, how it could speed up the flow of foreclosed homes to the open market, and why it might lead to new buying opportunities in 2025. Topics Discussed: 00:00 New FHA Policy 00:30 FHA Previous Foreclosure Policy 01:02 Mixed Results from Policy 01:50 Immediate Changes 02:10 What this Means for Investors  LINKS Download Your Free Top 5 Cities to Invest in 2025 PDF!https://www.realwealth.com/1500 JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1 FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN Source: https://www.housingwire.com/articles/fha-walks-back-biden-era-restrictions-on-foreclosed-property-sales/

En este episodio conversamos con Katy, una inversionista latina que comenzó su camino en bienes raíces en Estados Unidos sin experiencia previa y hoy administra 10 propiedades multifamiliares de renta, mientras equilibra su trabajo y su vida personal. Descubre cómo pasó de comprar su primera casa con préstamo FHA a adquirir propiedades multifamiliares en Hagerstown y ahora está explorando oportunidades en Baltimore.

Featured on WGN Radio's Home Sweet Home Chicago on 05/03/25: Center Guard Plumbing's Mike Epping joins the show to discuss energy costs of an electric vs a regular water heater, plumbing challenges in condos, and when you should replace a unit. To learn more about what Center Guard Plumbing can do for you, go to wgnplumber.com or call […]

We started off this week's show by chatting with Mike Epping of Center Guard Plumbing about regular water heaters vs electric water heaters. Next, Dave Schlueter of the Law Offices of David R. Schlueter explains intrafamily transactions. Then, Cody Uidl from Two Men And A Truck discusses the benefits of having movers help you settle into your […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/03/25:  Cody Uidl of Two Men And A Truck joins the show to discuss how they can facilitate your next move. Cody and David discuss when to schedule movers, moving to a different state, and the benefits of having someone to help you move instead of doing […]

Featured on WGN Radio's Home Sweet Home Chicago on 05/03/25: Real Estate Attorney Dave Schlueter with the Law Offices of Dave Schlueter Ltd. joins the show to discuss intrafamily transactions. Dave talks about how they work, what a gift of equity is, and what the numbers look like in the process. To learn more about […]

Learn what rising delinquencies mean for your finances, plus how to decide if you're truly ready to buy your first home. What happens if you fall behind on your loan or credit card payments? How much do you actually need to buy a house? Hosts Sean Pyles and Elizabeth Ayoola discuss rising debt delinquencies and first-time homebuying realities to help you protect your credit and avoid costly financial missteps. Joined by NerdWallet senior news writer Anna Helhoski, they begin with a discussion of climbing delinquency rates across student loans, credit cards, auto loans, and government-backed mortgages, with tips and tricks on how to spot trouble early, prioritize which bills to pay first, and avoid risky quick-fix debt solutions. Then, mortgage Nerd Abby Badach Doyle joins Sean and Elizabeth to discuss what it takes to buy a home for the first time. They discuss how much you actually need for a down payment, what to expect with closing costs, and smart alternatives to tapping your 401(k). You'll also hear the pros and cons of renting versus buying, why assembling a strong homebuying “squad” matters, and how to find down payment assistance that could make homeownership more realistic — even in today's high-cost housing market. Use NerdWallet's free home affordability calculator to see how far your homebuying budget could take you: https://www.nerdwallet.com/calculator/how-much-house-can-i-afford  Learn how a first-time home buyer class can help you find grants, down payment assistance and a lower monthly payment: https://www.nerdwallet.com/article/mortgages/first-time-home-buyer-class  In their conversation, the Nerds discuss: debt delinquencies, student loan default, FHA loan delinquency, auto loan delinquency, mortgage delinquencies, government loans vs conventional loans, student loan wage garnishment, rising credit card debt, prioritizing debt payments, what is PMI, down payment assistance programs, 401k loan for house, using IRA to buy home, renting vs buying a home, how much to put down on a house, closing costs explained, first time homebuyer loans, home affordability calculator, 28/36 rule mortgage, credit score for mortgage, PMI removal, VA loans, FHA loan requirements, USDA mortgage, best mortgage for first-time buyer, first-time homebuyer class, home buying on tight budget, mortgage broker vs lender, emotional readiness to buy a house, how to get rid of PMI, renting benefits, first-time homebuyer grants, how to avoid default, homebuying myths, home equity, and down payment myths. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.

What if your biggest tax burden could be flipped into your greatest asset? In this episode, Matt and Luigi sit down with Sean Graham, a CPA turned real estate entrepreneur who's turning self-storage and depreciation into a business superpower. Sean walks us through his journey from cubicle life to building a real estate empire…one shed at a time…and breaks down how cost segregation isn't just tax strategy; it's tax sorcery. You'll learn how he used FHA and SBA loans to scale his real estate portfolio, why self-storage remains hot (even when interest rates don't), and how small business owners can leverage tax tools most people have never even heard of. Episode Highlights: Why FHA loans are a perfect starter hack for young investors How Sean scaled from duplexes to commercial storage units using SBA loans What cost segregation actually is—and why it matters to small business owners Three ways to legally offset active income using real estate depreciation The "lazy 1031 exchange" explained How to avoid paying depreciation recapture When it makes sense to DIY cost seg (spoiler: it doesn't) The wildest short-term rental project Sean ever worked on Sean's tips for building scalable, remote-first real estate operations Favorite Quote: "The easiest entrance into entrepreneurship is through real estate. You don't have to recreate the wheel." Who is Sean? Sean Graham is a licensed CPA, entrepreneur, and the founder of Maven Cost Seg, where he helps real estate investors legally reduce their tax liabilities through cost segregation studies. With a background in accounting and a passion for real estate, Sean has carved out a niche in self-storage and teaches others how to build wealth without begging Uncle Sam to take less. Take Action: Think you're paying too much in taxes? You probably are. Hit play and find out how Sean's strategies could save you five to six figures this year alone. Then head to mavencostseg.com/liquid for a free estimate and an exclusive discount for our listeners.   Connect with Sean: Facebook LinkedIn Website  Like what you heard? Don't forget to subscribe, rate, and review!  

Melody Wright joins Julia La Roche on episode 252 to discuss the state of the U.S. housing market.Sponsor: This episode is brought to you by Monetary Metals. https://monetary-metals.com/julia In this episode, Melody debunks the "inventory shortage" myth in housing and reveals startling truths about the current market. She explains how March home sales fell below 2008 levels despite population growth, discusses the hyperfinancialization of real estate through Wall Street and Airbnb investors, and shares insights from driving 10,000 miles across America to observe housing conditions firsthand. Melody also exposes ongoing defaults from the 2008 crisis and offers hope for frustrated millennial homebuyers waiting for affordability to return. Throughout our conversation, she provides a sobering look at what our distorted housing market reveals about the broader economy.Links:YouTube; https://www.youtube.com/@m3_melodyX: https://x.com/m3_melodySubstack: https://m3melody.substack.com/Timestamps0:00 Introduction and welcome Melody Wright0:23 Setting up the big picture on housing and real estate 1:08 The context of the housing market's current state 3:18 Worst housing market in our lifetimes - March sales lower than 20084:18 Discussion of housing bubble and unaffordability 5:47 Hyperfinancialization of housing 6:15 Wall Street's role in housing after the GFC 7:32 The short-term rental craze and Airbnb saturation 9:03 How to see the real housing inventory numbers 11:06 Debunking the inventory myth and where the market is headed12:58 FHA loan issues and foreclosure programs 15:07 Hope for millennial homebuyers 16:42 Advice for first-time homebuyers 18:08 What the housing market says about the economy 19:00 Commercial real estate situation and empty buildings 20:35 Insights from driving 10,000 miles across America 22:43 Unlearned lessons from the Global Financial Crisis 23:51 Ongoing defaults from the 2008 crisis 25:02 What a healthy housing market would look like 26:26 Closing thoughts

Erik Swanson, owner of Fernweh Property Group, explains how he's developed a track record with investors that has allowed him to build a Tap Room business and an impressive real estate portfolio! Erik starts with very cool stories about his days in the music industry including working alongside some legendary bands! He dives into his first couple real estate deals including a FHA 203k loan and an intense story about a drive-by shooting at one of his properties! Erik discusses how he raised money to start an innovative, self-pour Tap Room business and emphasizes the importance of building a track record to raise money. He shares keys to growth in real estate and explains how he runs his businesses all while traveling across the world on a regular basis! If you enjoy today's episode, please leave us a review and share with someone who may also find value in this content! Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Erik Swanson, Fernweh Property Group Link: Erik Swanson's LinkedIn Link: Eric Workman (Network Referral) Guest Questions 04:24 Intro to our guest, Erik Swanson! 09:58 Transitioning from the music industry to real estate! 15:28 Drive-by shooting at Erik's 5-unit building. 18:16 Lessons learned from rehab projects. 20:35 Starting a self pour tap room during COVID! 30:11 Erik's keys to explosive growth in real estate. 37:36 Reputation building to raise money. 41:57 What's next for Erik?! 49:12 What is your competitive advantage? 49:50 One piece of advice for new investors. 50:36 What do you do for fun? 50:50 Good book, podcast, or self development activity that you would recommend?  51:33 Local Network Recommendation?  52:23 How can the listeners learn more about you and provide value to you? ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2025.

What if you started in real estate at 18 and built an empire worth over $575 million? In this powerful episode of the Hero Capital Show, Tim Mai sits down with Brian Baniqued, a second-generation real estate broker and dynamic entrepreneur whose journey spans multifamily syndications, office complexes, retail centers, and even modular development. Brian shares how he went from organizing papers in his mom's real estate office to building vertically integrated companies in brokerage, finance, and property management—all while raising $27M+ in capital. You'll discover his early cash-flow strategy with FHA fourplexes, his transition into syndication and condo development, and how he now leverages modular construction to build faster and smarter. Top 5 Key Takeaways:- Start Young, Think Big: Brian began at 18 by house-hacking with FHA loans and quickly scaled into multifamily ownership.- Power of 1031 Exchanges: He used strategic exchanges to go from small fourplexes to large apartment buildings and commercial assets.- Vertical Integration Advantage: By building brokerage, mortgage, and management companies, Brian controlled every part of the investment life cycle.- Modular Construction Insights: Learn the pros, cons, and cost nuances of using prefab construction for faster multifamily builds.- Investor Loyalty Through Strategy: His ability to guide investors through exit strategies and reinvestments built a loyal capital base over decades.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

Housing and Urban Development Secretary Scott Turner details how HUD is partnering with DHS to remove illegal aliens from public housing and block access to taxpayer-backed FHA loans. Get the facts first on Morning Wire.