Podcasts about jwb real estate capital

Real estate markets don't just take off by accident — it's a combination of local economic factors, macro-trends, and smart investments between the public and private sector.That's why, after recent trips to Austin, TX and Tampa, FL, JWB Real Estate Capital's co-founder, Gregg Cohen, and show host, Pablo Gonzalez, are bringing you a "boots-on-the-ground" look at how downtowns transform — and what that tells us about Jacksonville's future.They'll break down:- What downtown Austin, Tampa, and Jacksonville feel like today from an investor's lens- How urban design and private investment create real estate booms (and how close Jacksonville is)- Why Tampa's Water Street project is a model for what Pearl Street in Jacksonville could become- The early signals that tell you when home prices are about to skyrocketThis will be a story-driven, experience-based show — not just stats and spreadsheets — to give you insights you can't get anywhere else.If you want to understand what's driving the next wave of real estate growth (and how to get ahead of it), this is the episode for you.Listen NOW!Chapters:00:00 Introduction to Investing Beyond Rental Properties01:35 Welcome to the Not Your Average Investor Show02:10 Big Announcement: JWB's Largest Incentive Package Ever02:54 Understanding the 5% Interest Rate Lock-In05:17 Q&A: Details on the Incentive Package06:40 The Importance of Incentives in High Interest Rate Environments12:06 Gregg Cohen's Family Vacation in Austin15:37 Exploring Downtown Austin: A Vision for Jacksonville19:07 Comparing Austin's Development to Jacksonville's Future23:20 Activating the Waterfront and Cultural Icons25:45 Entrepreneurship and Urban Development28:04 Public-Private Partnerships and Urban Design32:25 The Rise of Austin's Skyscrapers33:12 Historical Preservation in Downtown Austin36:20 The Parking Dilemma in Austin38:47 The Future of Downtown Jacksonville42:09 Investing in the Next Great American Downtown46:10 The Numbers Behind Downtown Investments49:54 Opportunities with JWB in Jacksonville57:58 Final Thoughts and Upcoming EventsStay connected to us! Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Positive cash flow is the fuel for rental property investors on their journey to financial independence, and not all fuel is built equal.But what really matters to most of us is how far and how fast we get to our financial goals.That's why we're going to take a fresh look at a cash flow strategy designed to deliver the best outcomes!Join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host Pablo Gonzalez, as they break down how to maximize cash flow outcomes by diving into:•⁠ Why higher day 1 cash flow markets often lose out in cash flow to growth markets over a 5 year period•⁠  ⁠How to calculate 5 year total cash flow so you can make a better decision•⁠  ⁠How to apply this strategy while minimizing your risk and fast tracking your retirement plansThis is one of those episodes that will shift the way you think about cash flow and help you see a clearer path to your goals.Listen NOW!Chapters:00:00 Introduction to Cash Flow and Investment Timelines01:25 Welcome to the Not Your Average Investor Show02:04 Understanding Lifecycle Costs in Investments03:19 The Importance of Five-Year Cash Flow09:05 Case Study: Comparing Cleveland and Jacksonville10:37 Analyzing Cash Flow and Appreciation18:25 Financial Engineering and Cash Out Refinance30:41 Comparing Financial Engineering in Different Markets31:51 The Importance of Growth Markets32:28 Converting Equity into Cash Flow34:33 Cash Flow Analysis: Cleveland vs. Jacksonville36:13 The Long-Term Benefits of Growth Markets59:54 Final Thoughts and AdviceStay connected to us! Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Investor behavior is shifting—but the real story is hiding in the data.Redfin just reported that investor home purchases dropped 10.5% in Q4 2024—and it's even worse in parts of Florida!Sounds like bad news for real estate, right?Not so fast.There's been a lot of noise lately about investors pulling back from real estate…But what if that headline is missing the point?That's why we're digging into the numbers on this week's episode of the Not Your Average Investor Show to show you what's really happening—and where the opportunity still lives.Join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, as they explore:- What Q1 trends reveal about the current market—and investor sentiment- Why purchasing power is stronger than the headlines suggest- How the apartment oversupply is impacting rent dynamics (and where single-family fits in)- What rent growth is expected to look like in the next few years—and why that matters for long-term investorsPlus—a milestone moment for JWB you won't want to miss. Let's just say it proves that consistent success doesn't happen by accident.This episode is your chance to cut through the noise and see the bigger picture—so you can make better moves for your portfolio.Don't let fear-based headlines make your investment decisions.Listen NOW!Chapters:00:00 Introduction and Overview01:19 Host Introductions and Show Welcome01:51 Community Shoutouts and Roll Call04:52 Discussion on Investor Home Purchases06:49 Analyzing the Redfin Article07:51 Debunking Misleading Headlines13:32 Florida Real Estate Market Insights15:48 Evaluating Investor Market Share21:52 Real Estate Agent Perspectives26:23 Investor Market Trends in Major Cities28:01 Dissecting Data from John Burns Real Estate30:16 Flipped Homes and Short-Term Market Optimism32:04 Impact of Foreign Investment Decline35:10 Creating Positive Cash Flow in Real Estate40:48 Jacksonville's Real Estate Market Insights51:38 Q&A: Appraisals, Loans, and 1031 Exchanges01:00:07 Conclusion and Upcoming TopicsStay connected to us!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Most people don't realize that the largest bill they pay each year is their federal tax bill.. yet they trip over dollars to save pennies on the price of eggs or gas.That's why we're bringing a real estate investor who has reduced her federal tax bill to just 12% for this week's Not Your Average Investor Show! Join co-founder of JWB Real Estate Capital, Gregg Cohen, and "The Maven From The Mountains of Denver", Leslie Wilson, to learn about:✅ why focusing on tax savings can speed up your ability to retire✅ how Leslie retired early with a low tax, high quality lifestyle✅ what to do right now to maximize your tax savings in rental propertiesThis is your chance to hear a real investor's experience—straight from the source—so you can see what's possible when you invest with the right strategy.Listen NOW!Chapters:00:00 Welcome to the Not Your Average Investor Show01:33 Introducing Our Special Guest: Leslie Wilson02:53 Leslie's Journey into Real Estate Investing04:05 The Power of Tax Savings in Real Estate05:21 Building a Successful Real Estate Portfolio12:03 The Importance of Real Estate Education15:02 Understanding Tax Savings and Deductions27:03 Q&A: Transitioning from W2 to Passive Income34:05 Leveraging Equity for Investment35:36 Understanding Return on Equity39:00 Reducing Liability with Mortgages40:07 Good Debt vs. Bad Debt40:50 Tax Savings and UBIT43:52 Leslie's Client Success Story45:54 Mindset and Strategy for Real Estate Investment49:23 Financial Freedom and Retirement Planning55:32 The Importance of Choosing the Right Market59:01 Q&A and Final ThoughtsStay connected to us! Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Join us for JWB's Q1 2025 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• Current Jacksonville real estate market pricing, rents, and months of inventory (MOI)* The big difference in residential real estate performance when you separate single family from multi-family• JWB company stats and Key Performance IndicatorsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.Listen NOW!Chapters: 00:00 Welcome to the Q1 2025 Jacksonville Real Estate Market Update01:33 Introduction and Sneak Peek03:43 Financial Disclaimer and Market Overview04:54 Interest Rate Roller Coaster05:30 Jacksonville Real Estate Market Data09:21 Sales and Rent Data Analysis14:04 Three Key Takeaways15:24 Home Prices and Market Normalization20:29 Months of Inventory and Market Health26:33 Economic Indicators and Purchasing Power30:52 Impact of Interest Rates on Home Sales37:24 Analyzing Market Trends: Is It a Good Time to Buy?38:43 The Rental Market: Current Trends and Future Predictions40:40 Understanding the Soft Rental Market in Jacksonville42:04 Impact of Multifamily Starts on Single Family Rentals44:43 Comparing Jacksonville to Other Florida Markets54:04 The Importance of Downtown Revitalization01:03:25 Investment Opportunities and Incentives01:09:09 Q&A Session: Expert Insights and AdviceStay connected with us!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

The media is buzzing about declining builder confidence, falling consumer sentiment, and inverted treasury yields. But mortgage rates are ALSO down! Is this a hidden opportunity for rental property investors?On this episode of Not Your Average Insights, we break down the latest economic headlines, including:

It's so easy for us to look at the success of markets like Nashville, Austin, and Tampa, and say Jacksonville is on a similar path, but did you know that these cities had similar prices to Jacksonville 20 years ago??That's why we're going to dive into the data to show why they had such explosive growth on the next edition of the Not Your Average Investor Show!Join co-founder of JWB Real Estate Capital, Gregg Cohen, and show host, Pablo Gonzalez, as they add some perspective to data showing:- how Jacksonville's housing market was on par with Nashville, Austin, and Tampa 20 years ago- why these cities have experienced explosive gains in values while Jacksonville has remained affordable- what data shows whether or not Jacksonville is likely to follow the growth of those cities- and more!This is data that is almost hard to believe until you see it!Don't miss your chance to watch Gregg and Pablo break it down!Listen NOW!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Our show has zero political spin, so we've tried to avoid this topic, but it's very clear:The new executive orders have taken aim at housing, and our community wants to discuss it.That's why we'll be diving into them to add our own data + perspective on this week's edition of Not Your Average Insights!Join Gregg Cohen, co-founder of JWB Real Estate Capital, and Not Your Average Investor Show host, Pablo Gonzalez, for a lively discussion on this context change for real estate investing, including:- How a new housing council will change the way affordable housing is brought to market- What the new administration is proposing to increase the housing supply and mitigate the affordability crisis- Why the emergency price relief orders could put the average property manager into financial trouble- and much more!This is a sensitive topic for many so we are going to leave politics aside and stick to what we know: the rental property investing market.Listen NOW!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

The lions share of wealth in rental properties comes from home price appreciation, and the market you choose to invest in will make or break those profits.But markets tend to shift over time.That's why this on this week's Not Your Average Investor Show, we're diving into the top markets for rental properties to see how they stack today!Join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, will break down:- what investors look for in rental property markets and why they're often focusing on the wrong quality- how the 5 profit centers of the top markets stack up against each other- what could change inside top markets to create bigger opportunities that outperform expectations- and more!We have had this topic requested multiple times, and we know one thing-When the community asks for a show, they show up in big numbers!Don't miss a chance to listen NOW!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

The real estate market is full of opportunity and uncertainty, making it critical for investors to rely on data and expert insights to navigate the year ahead. But without the right perspective, it's easy to miss out on trends or make decisions that don't align with long-term goals. That's why we'll be going behind the scenes at JWB Real Estate Capital's yearly plan to share the assumptions and strategies they are using in 2025.In this special episode, of the Not Your Average Investor Show, JWB's co-founder, Gregg Cohen, and show host, Pablo Gonzalez will be taking you inside JWB's annual “State of the Union,” where one of Jacksonville's largest developer shares its deep dive into the market and lays out its vision for the year ahead.Here's what you'll learn:    •    JWB's 2024 performance recap—how we bought, sold, built, and managed properties.    •    Key predictions for the Jacksonville market in 2025: home price appreciation, rent growth, inventory levels, and demand.    •    JWB's 2025 strategy and how our approach aligns with the data to help our clients succeed.If you're ready to make smarter, data-driven decisions in 2025, you won't want to miss this one. Listen now to get on the insider track in 2025!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

We all understand how important passive income is to our quality of life, and can easily see how great it would be to have an army of cash flowing properties allowing you to live the life of our dreams.But most people don't realize that JUST ONE rental income property can completely change your life... so they think it's not worth it unless they have a clear path to a portfolio ahead of them.That's why this webinar will show you THE POWER OF JUST 1 RENTAL PROPERTY so you don't get paralyzed by the idea that you're not ready to become a passive investor yet!Join Paul Shively, head of the Fortune Builders Passive Income Club, and Gregg Cohen, co-founder of JWB Real Estate Capital, two guys who have helped thousands of investors invest in billions of dollars in real estate, to learn how:- How passive income rental properties pay you 5 different ways (and all of them get better over time!)- Why 1 rental property can be the best way to pay off 1 of your 3 biggest life expenses: college, healthcare, retirement- What the easiest path to owning your first rental property is without the typical bad experience of so many 1st time investors- and more!If you have ever wanted to own rental properties that pay your bills, but think it may not be for you, this is one webinar you will not want to miss!Listen in to understand exactly how to make the best decision for your financial future!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

As we roll into 2025, there will be plenty of predictions coming from the talking heads, but when Fannie Mae puts out a list of predictions, we listen.That's why we're diving into these predictions and breaking down how to think about them with Not Your Average Insights!Join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, as they dive into Fannie Mae's 5 Housing Predictions of 2025, and give you data plus perspective about:- Why location matters more than ever when home sales are near 30-year lows- Where investors can take most advantage of the bright spot in the housing market- new homes- How multifamily's holding pattern affects other real estate asset classes- and more!Listen now to kick off the year with an inside track on what the all the experts will be talking about.  Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

As real estate investors, we all know that not all our properties are the same—some are great, while others are a headache.Doing a 1031 exchange is the perfect tool to upgrade that property into a winner, but with so little inventory in the market, it sounds too risky!That's why finding the perfect partner with cash-flow-positive inventory ready to buy in a hot market is crucial to optimizing your real estate portfolio... and we've put together a special webinar to introduce you to them!Join us for a special live edition of The Not Your Average Investor Show, where 1031 expert Claudia Kiernan will join Gregg Cohen, co-founder of JWB Real Estate Capital, and the show's host, Pablo Gonzalez, to discuss:-Why 1031 exchanges are ideal for exchanging headache homes for hero investments-How JWB's uniquely vertically integrated turnkey model de-risks the exchange and the experience of passive investing-Where the best market for growth-minded single-family home investors is and why now is the perfect time to buy into itAs Senior Vice President of IPX1031, Claudia Kiernan has over 16 years of experience helping investors through the 1031 exchange process and has been featured in multiple media outlets as an expert on the subject.Gregg Cohen co-founded JWB Real Estate Capital over 18 years ago with a mission to make rental property investing easy for everyone. JWB has grown into a 120+ person team, managing over 6,000 properties and $1B+ in assets for over 1,700 investors and has been featured on the front page of the WSJ twice.Don't miss your chance to end those tough conversations about that one investment that keeps ruining your day with expert advice from two of the biggest experts in the industry.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

We get asked about using Home Equity Lines of Credit (HELOCs) to buy rental properties all the time (and it's a GREAT way to build wealth), but they haven't been available for rental properties... UNTIL NOW!That's right-If you have a rental property with equity in it, it is NOW possible to buy more properties without having to refinance, but it's not for everybody.That's why we're doing a deep dive into how you can use HELOCs on your rentals to grow your real estate portfolio on the next episode of the Not Your Average Investor Show!Join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, to learn about:- Why HELOCs for your rental properties recently became available for investors (and who should use them)- How HELOCs and cash out refinancing are different (and when to use each)- What you need to know to take advantage of this change (and how this can accelerate your retirement goals)- and more!If there is one thing all savvy investors know, it's that when contexts change, big opportunities happen...But those windows don't stay open forever!Join us to understand this change, and be one of the first to take advantage of it!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

It is so easy to fall in love with the numbers when you look at rental properties.  That's why we love them.But numbers can also be used to fool you.That's why we're breaking down deal sheets with bad numbers, so you never get fooled again!Join us for this week's Not Your Average Investor Show where Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, dive into actual marketed turnkey rental investment deal sheets and break down:- what numbers turnkey providers love to fudge (or leave off altogether!)- how true-ing up the numbers would affect the returns (aka- KILL returns)- why JWB rather underpromise than make a deal look better than it is- and more!This one is a requirement for anyone not looking to be fooled in real estate!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

As interest rates continue to drop, there are opportunities to take advantage of for rental property investors everywhere.But there are a ton of misconceptions about rate drops too!That's why we are BUSTING 9 myths about rate drops on the newest episode of the Not Your Average Investor Show!Join Co-Founder of JWB Real Estate Capital, Gregg Cohen, and show host, Pablo Gonzalez, as they tear apart myths like:- "Rate cuts don't fix a weak real estate market"- "Focus on cash flow, not rate cuts"- "Rate cuts mean risky investing"- and more!Rate cuts may have been overshadowed during this election cycle, but they will continue to be part of the real estate news cycle, and it's in your best interest to know what is best for YOU!Don't miss a chance to ask about your own myths. Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

What if you could quit your job and create new financial freedom in under 10 years? That's what this JWB investor did—and his story can help you rethink what's possible with real estate investing!On this episode of the Not Your Average Investor Show, we're diving deep into how Dan Reilly, a former JWB client, turned a six-property portfolio into life-changing income, ultimately building his own real estate business. And now, he's back, leveraging JWB's unique approach to property management for his multifamily properties in Jacksonville.Join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, as they break down:- How quickly a passive real estate portfolio can build life-changing wealth- The critical advantage of working with a seasoned operator like JWB in a high-growth market- Why JWB's resident-first management approach outperforms traditional strategies for multifamily propertiesThis is the perfect episode if you're looking to understand how real estate can open new doors—and why JWB's approach is challenging outdated industry norms.Don't miss out on a chance to rethink what your financial future could look like!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Join us for JWB's Q4 2024 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:- Do presidential elections influence real estate pricing and sales volume?- Do major hurricanes really cause real estate markets to crumble?- Current Jacksonville real estate market pricing, rents, and months of inventory (MOI)You won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. Hope to see you there!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

As interests rates drop and prices go up, many experienced investors are realizing it's time to buy (especially now before end of year for tax purposes), but first timers are at risk of missing this golden moment!That's why we're dedicating a special episode of the Not Your Average Investor Show to those of you in our community that just got here!Join co-founder of JWB Real Estate Capital, Gregg Cohen, show host, Pablo Gonzalez, and our usual community of super experienced investors to hear about:- What is the best strategy for buying your first rental property without being a real estate expert?- How do you scale from 1 to a bunch of properties without extra money?- Should you pick new or renovated homes to start?- And much much more!This is why we started this community- to help people get into real estate and feel supported- so you can expect an honest conversation with a bunch of active community members willing to answer questions in the chat (as usual).Don't miss this one!  Join us and start setting yourself up for a happy tax season today!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Tax savings are one of our favorite profit centers of rental property investing, and a big reason why real estate is such a great tool for building wealth, but did you know that WHEN you buy real estate makes a difference on your tax returns?It does!  That's why we're hosting a special edition of the Not Your Average Investor Show to talk about the advantages of putting properties under contract BEFORE the end of November!Join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, to learn about:- Which are the tax benefits that our investor community most love to take advantage of- How putting properties in your portfolio before the end of 2024 will set you up for a happy 2025 tax return- Why waiting until December could cost you thousands of dollars in tax savings next year- and more!If you are a fan of the show, you KNOW Gregg loves talking tax savings!Join us and start setting yourself up for a happy tax season today!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

It feels like the world has been waiting for the Fed to drop interest rates for 2 years, and it's finally happened.  We can now get more real estate for less money and stay cash flow positive.But if we wait too long to invest our money, we'll lose out on equity gains as everyone else gets off the sidelines to buy prices up.That's why we're going to give you the formula for the fastest path to a great investment on a special edition of The Not Your Average Investor Show with guest host, Paul Shively.Paul will join the co-founder of JWB Real Estate Capital, Gregg Cohen, and the usual host, Pablo Gonzalez to talk about:- what are the safest bets you can make right now that lock in the equity gains in an appreciating market- where to find capital that is perfect for jumping on this opportunity- how to find a great investment during a period when the average retail buyer is snatching up real estateAs co-founder of JWB, Gregg Cohen has been investing in real estate for 18 years, owns 20 city blocks of downtown Jacksonville and over 300 single family homes, and manages over a billion dollars in real estate assets.Paul Shively is the head of Fortune Builders' Passive Income Club, has been a part over a billion dollars in real estate investments, and coached thousands of investors in building their wealth through real estate.When these guys get together, they dole out experience based advice that has made investors millions of dollars. You won't want to miss it!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

As housing affordability gets out of reach for younger generations, and renter culture becomes normalized, it's a great time to be a rental property investor...But there is a new major risk on the table: internet speed word of mouth and cancel culture.That's why rental property investors that will succeed in this new era will need to stop thinking like "landlords" and make sure they are doing all they can to help their residents become homeowners.This week's episode of the Not Your Average Investor show will dive deep into how the best property management companies in America are taking on this mission.Andrew Smallwood, Chief Customer Officer for Second Nature and evangelist for the Resident Experience, will join JWB Real Estate Capital's co-founder, Gregg Cohen, and show host, Pablo Gonzalez, to talk about:- How the statistics show a steep rise in rental culture coming- Why the best property managers have already stopped thinking like "landlords" and focused on the resident experience- What the real estate investors can do to become part of the solution for the affordability crisis AND drive higher ROI for themselves- and more!Anyone investing in rentals needs to be aware of this before risking their hard earned investment in the hands of a landlord.Join the good guys in the fight against the affordability crisis!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

It's easy to identify hot markets in real estate, and those who invest in them can create massive changes in their financial futures. But hot markets usually come with high prices.This makes the hot market strategy a game for the already rich to get richer.That's why the rare moment when a blazing hot market is still underpriced needs to be shared with the GRE community as urgently and loudly as possible!While Keith Weinhold has been recommending Jacksonville as a prime investment market for years, his team has been talking to his old friend, Gregg Cohen (co-founder of JWB Real Estate Capital), about the powder keg that's about to explode real estate prices in Jacksonville, FL.It turns out that Jacksonville's best days are still ahead of it, AND it's still a shockingly affordable market to get into!So, GRE invited Gregg to host a webinar, exclusive to the GRE community, to educate and arm you with knowledge like:- what makes JAX such a hot market (eye-popping stats)- why it's only getting better (insider info)- how to pick up a cash-flowing JAX rental property in under 30 days (no matter where you live)- and more!Gregg Cohen and his team are longtime partners of GRE. They founded JWB Real Estate Capital 18 years ago, and since then, they've built a fully vertically integrated turnkey rental property investing company with over 125 employees, managing 6,000 homes, and owning 20 city blocks of downtown Jacksonville.There is no one more qualified to give you the inside scoop in one of the US's most attractive rental markets.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

We've been asking for Jerome Powell to say the magic words: “It's time to drop interest rates,” and he finally did!But just because he's doing his part doesn't mean investors know what they're supposed to do with it.That's why we're hosting a special webinar to get you prepared for this next phase of the economic cycle!Join us for a conversation between a finance expert and a real estate expert to talk about:- How the real estate market reacts to interest rate drops (the opportunity)- Why inflation is the biggest reason not to drop interest rates (opportunity cost)- What sharp investors do to take advantage of one while hedging the other (not your average strategy)Our finance expert is Aaron Chapman, a veteran of 25+ years in the finance industry, where he's worked with investors to finance 300k+ deals.Our real estate expert is Gregg Cohen, co-founder of JWB Real Estate Capital, who manages 6,000 properties, is developing 20 city blocks of downtown Jacksonville, and has a team of over 120 people working with 1,700 investors.Listen to know what's next with two guys who have seen and done it all in real estate through multiple cycles.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

It is so easy to fall in love with the numbers when you look at rental properties.  That's why we love them.But numbers can also be used to fool you.That's why we're breaking down deal sheets with bad numbers, so you never get fooled again!Join us for this week's Not Your Average Investor Show where Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, dive into actual marketed turnkey rental investment deal sheets and break down:- what numbers turnkey providers love to fudge (or leave off altogether!)- how true-ing up the numbers would affect the returns (aka- KILL returns)- why JWB rather underpromise than make a deal look better than it is- and more!This one is a requirement for anyone not looking to be fooled in real estate!Join us LIVE as we put these deal sheets to the test!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

It's easy to identify hot markets in real estate, and those that invest there create massive changes in their financial futures, but hot markets usually come with high prices.This makes the hot market strategy a game reserved for the already rich to get richer.That's why the rare moment when a blazing hot market is still underpriced needs to be shared with the Fortune Builders community as urgently and loudly as possible!So we're bringing in the big guy- Than Merrill himself!Than has been investing in Jacksonville for a long time (and made a killing), but he's been talking to an old friend, Gregg Cohen (co-founder of JWB Real Estate Capital), about the powder keg that's about to blow up real estate prices in Jacksonville, FL. It turns out that Jacksonville's best days are still in front of it AND it's still a shockingly low-priced market to get into!So he invited Gregg to join him on a webinar, exclusive to the Fortune Builders community to educate you and arm you with knowledge like:- what makes JAX such a hot market (eye popping stats)- why it's only getting better (insider info)- how to pick up a cash flowing JAX rental property in under 30 days (no matter where you live)- and more!Gregg Cohen and his partners are members of Fortune Builders that founded JWB Real Estate Capital 18 years ago.  Since then, they have built a completely vertically integrated turnkey rental property investing company with over 125 employees, manage 6,000 homes, and own 20 city blocks of downtown Jacksonville.  There is no better combination of real estate experts to teach you what you need to know and give you an edge in your real estate game.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Our latest data shows this community has earned over $100M worth of profit through real estate, including 17 investors generating  $1M+ in profit, but most investors still struggle understanding how this is happening.That's why we distilled the 3 most important concepts passive rental property investors need to understand to build the type of wealth that our community members have built.Join Gregg Cohen, co-founder of JWB Real Estate Capital, and Not Your Average Investor Show host, Pablo Gonzalez, for a show where you'll walk away knowing:- Why most rental properties investors are going about their research the wrong way- How to understand returns on rental properties correctly- What makes the biggest impact on the wealth you'll create through rental property investing- and more!In just one hour, you will gain enough understanding to, not just feel comfortable in any investing conversation, but have an edge when it comes to real estate investing.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Join us for JWB's Q3 2024 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• Current Jacksonville real estate market pricing, rents, and months of inventory (MOI)* Interest rate expectations, and how they should affect buy or sell decisions• JWB company stats and Key Performance IndicatorsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Real estate investing has a million risks for active investors, but passive investors only need to understand 3 types of risks: team risk, market risk, and deal risk.That's why we're diving into each one to arm you with the answer to the number one question turnkey property investors worry about: "What could go wrong?"Gregg Cohen, co-founder of JWB Real Estate Capital, and Not Your Average Investor Show host, Pablo Gonzalez, will host a lively discussion that will help you understand:- Why so many people are asking the wrong questions ahead of their passive investment- What questions to ask (and what to look for) when presented an investment opportunity- How to spot a great property management company in 3 steps- and more!Don't get caught up in a bad investment.  After this call, you'll be able to see problems from a mile away, and skip the headache.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Real estate is going through a moment where following Warren Buffet's famous advice about buying in a down market has never been more applicable (and less risky!), but neither prices not interests are down- demand is.That's why we are hosting a conversation on how to “buy the demand dip”, lock in equity,  and increase cash flow after.This is a special edition of the Not Your Average Investor Show where the co-founder of JWB Real Estate Capital, Gregg Cohen, president of Patriot Home Funding, John Seybert, and the show's host, Pablo Gonzalez, will lay out the formula that makes this advanced real estate play work.They'll discuss:- What you can learn from historical trends showing the relationship between periods of elevated interest rates, and what happens to home prices immediately after- How real numbers look for rental homes returns today, how they could improve when rates drop, what it would cost to refinance, and how that supercharges your returns- Which American market provides the best risk-adjusted return for this strategy for passive investorsMoments like these are the ones investors look back on in ten years, see how obvious it was to see coming, and feel the envy of everyone that didn't take action on this data.JOIN US for this webinar, and at the very least become the most interesting person at your next dinner party.* You don't need to be a real estate professional with a bunch of cash laying around to take advantage of this strategy.Gregg Cohen co-founded JWB Real Estate Capital 17 years ago. Since then, they have become the class of the turnkey rental property investing space- serving over 2,000 investors, managing over 6,000 rental properties, and being featured on the front page of the Wall Street Journal (twice).As president of Patriot Home Funding, John Seybert has had the opportunity to assist more than 7500 families and individuals obtain the dream of home ownership over his 38 year career.  

A new report from McKinsey has just been released, giving a blueprint for success in real estate in the modern era. Because it's McKinsey, we know it's worth paying attention to, but we all know that even the best consultants aren't as big of experts as those who spend their lives in the field.That's why we're going to dissect this report and extract the most valuable insights for your real estate investment decisions on the next episode of the Not Your Average Investor Show!JWB Real Estate Capital co-founder, Gregg Cohen, and show host, Pablo Gonzalez, as they dive into the findings and add the perspective of  17 years investing in real estate to the data McKenzie has surfaced.In this show, you'll learn:- Tech-Enabled Strategies: How technology is differentiating average real estate investors from great ones- Customer Experience: Key factors that contribute to building and maintaining a great experience for investor- Loyalty: why long term relationships are key to investor successThe Comp Test: see how JWB stacks up in these key metricsDon't miss your chance to reset your expectations of what success looks like and gain a competitive edge in the ever-evolving real estate market.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Businesses and investors are eagerly watching for signs of a potential interest rate cut, and the numbers on inflation have sparked hope they're coming soon, but the closer this rate cut gets, the more that's at stake for investors.That's why we're going to break down the latest numbers on CPI, reactions from the Fed, and forecasts from the pundits on this edition of Not Your Average Insights!This is our favorite show format.  JWB Real Estate Capital's co-founder, Gregg Cohen, and show host, Pablo Gonzalez, take the current headlines of the day, and add the data and perspective that only a vertically integrated company can provide.This week, we'll discuss:- what the latest reports and timing predictions for interest rate cuts are- how a popular real estate fund is bleeding billions of dollars- what you can do to lock in lower interest rates and lower prices ahead of the rate cutsDon't miss the chance to discuss today's headlines alongside our community of investors.  Join us LIVE!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

As Jacksonville residents it's pretty easy to see that this city has been booming, (and even feel a little FOMO watching real estate investors create life changing wealth from it), but just because you're not a “real estate person”, doesn't mean you can't benefit from this real estate boom.  That's why we're hosting this webinar- to answer the question: “How can I get in on this JAX real estate boom without it taking over my life?”Come hear the story of Whitney Ricci, a local entrepreneur & mother of 3, who has built an impressive portfolio of Jacksonville real estate, spending less than a couple hours a month on it.She'll be talking about:- What she did to grow a diversified real estate portfolio in her backyard, spending less than 4 hours a month on it- Why right now is a uniquely profitable time to buy Jacksonville real estate (even with interest rates and prices being this high)- How to get educated about this without needing to become an expert in everything by plugging into a whole community of people you can ask questions toThis conversation will be moderated by the host of a local real estate podcast, Not Your Average Investor Show's Pablo Gonzalez, and the co-founder of one of the biggest developers in town, Gregg Cohen of JWB Real Estate Capital.JWB has been featured on the front page of the Wall Street Journal (twice) because of their innovations in helping every day professionals build wealth in real estate passively, currently manage 6,000 properties for investors in Jacksonville, and are developing 20 blocks of downtown Jacksonville in an effort to make our city one of the next great American cities.If you want to be a part of all the prosperity coming to Jacksonville, but hadn't figure out how, you don't want to miss this conversation.

In an already confusing economic environment, a couple of headlines seem to be a mixed bag for rental property investors.But when you look closer, sprinkle some perspective, and makes sense of the data, it gets much easier to see the opportunity.That's why we're diving into headlines about insurance and foreclosure in the latest edition of Not Your Average Insights!Join co-founder of JWB Real Estate Capital, Gregg Cohen, and show host, Pablo Gonzalez, to combine the data of the Jacksonville market leader with the perspective of a 17 year real estate investment veteran about:- how one property insurance provider is already dropping rates in Florida- which bills have recently been signed that will continue to provide relief in insurance premiums- what the WSJ got wrong in a piece they wrote about how Americans are increasingly turning to real estate for their retirementLet's get over the anxiety of today's headlines, see through the noise, and make decisions based on data PLUS perspective... together.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

With interest rates at historic highs and an affordability crisis in full swing, it's easy to look at our real estate investments and think the best of times are behind us.But we all know that real estate is a game of local knowledge.So having an information advantage in a local market that is poised to take a giant leap forward is an opportunity to create generational wealth.That's why I'm inviting you to this webinar.While Jacksonville has been one of the fastest growing cities in America over the last 10 years, and COVID supercharged the whole Florida market in general, it's the current data we're seeing in Jacksonville right now that should really excite real estate investors around:- The current lack of housing supply (and how far it is from catching up to demand)- The rate of population growth (which will continue to drive the gap in supply)- The one time tipping point that will bend the rate of home price appreciation upwards (that we see coming in the near future)- The way local and out of state investors are using advanced tax strategies to take advantage of these tailwindsThis will be a moderated conversation between Gregg Cohen, co-founder of JWB Real Estate Capital, and Daniel Roccanti, CPA and Director at James Moore & Co.As the co-founder of JWB, Gregg helps lead one of the biggest developers, land owners, and housing advocates in Jacksonville.They own over 300 single family homes, are developing 20 blocks of downtown Jacksonville, and manage over 6,000 properties of investors around the urban core.With 10 years of experience in tax accounting and consulting, Daniel works with a wide range of individual and business clients leads. He also leads the real estate team at James Moore & Co, and also invests in real estate, himself.Don't miss this rare combination of inside knowledge, real estate expertise, and tax strategy built into a unique investment perspective.

Join us for JWB's Q2 2024 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• Current Jacksonville real estate market pricing, rents, and months of inventory (MOI)* Interest rate expectations, and how they should affect buy or sell decisions• JWB company stats and Key Performance IndicatorsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Headlines everywhere are showing institutional investors getting thrown for a loop in the post COVID era of real estate investing.The Wall Street Journal recently put out a story about how Blackrock finds itself looking for ways to slow down the exodus from their largest commercial real estate fund.They also just reported on how Wall Street's strategy to invest heavily in single family homes is causing lawmakers to consider regulating their ability to scoop up homes for investors.But in this institutional instability lie clues and opportunities for mom and pop investors like us to thrive.That's why we're breaking down these stories on the next edition of Not Your Average Insights!Join Gregg Cohen, co-founder of JWB Real Estate Capital, show host, Pablo Gonzalez, and the Not Your Average Investor community as they bring some data and perspective to today's biggest investment related headlines.This week, we're talking about:- Why Blackrock finds themselves trying to stop the exodus from their biggest commercial real estate fund- How Wall Street's rush to the single family market is creating a backlash amongst regulators- What the mom and pop investor can do to hedge against these new risks while getting the upside of real estate that keeps bringing these institutions to the market- and more!This will be an interactive dialogue with a community packed with savvy investors.Don't miss a chance to jump into the conversation and share your hot takes with us!Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

After making headlines for rapid increases in the past few years, home insurance rates are now making headlines for slowing down.But are the rising rates completely in the rearview mirror?We're diving into that story, plus other headlines in the latest edition on Not Your Average Insights!JWB Real Estate Capital's co-founder, Gregg Cohen, and show host, Pablo Gonzalez, have picked out the most interesting economic news of the day, to talk about it from an investors lens, like:- How insurance rate hikes slowed down in Q4 of 2023- What NYC's new "Good Cause Eviction" legislation tells you about the future of real estate- Why the Hottest Job Markets list from the Wall Street Journal can be a cheat sheet for real estate investorsDon't get lost in the headline sauce!  Join us for a lively discussion that will cut through the noise, reduce uncertainty, and make you feel like you have an edge in the investing world.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Join us for JWB's Q1 2024 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• Current Jacksonville real estate market pricing, rents, and months of inventory (MOI)* The big difference in residential real estate performance when you separate single family from multi-family• JWB company stats and Key Performance IndicatorsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Join us for JWB's Q1 2024 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• Current Jacksonville real estate market pricing, rents, and months of inventory (MOI)* The big difference in residential real estate performance when you separate single family from multi-family• JWB company stats and Key Performance IndicatorsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

We know owning rental properties is a path to build wealth, and how building a portfolio of them is like building an income producing army, but while buying one or two seems doable, it's hard to imagine how we get to 3, 4, 5, and beyond.That's why we called our ace guest host- Paul Shively, head of the Passive Income Club at Fortune Builders- to show us the path to building a portfolio!Paul will join co-founder of JWB Real Estate Capital, Gregg Cohen, and Not Your Average Investor Show, Pablo Gonzalez, to talk about- How the average investor creates a plan to save for multiple rental properties- Where savvy investors find extra sources of capital to accelerate their real estate portfolio growth- Why some investors are able to grow their portfolio without any additional capital outside of their real estate holdingsIf you want to walk into a cocktail party and talk about your "real estate portfolio one day... you don't want to miss this session!----------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

We get it.  Things have been weird in the market the past year or so, and it's confusing to understand if you should invest now and why.But we have many members of our community that have invested in the last year, and are looking to add more properties to their portfolio.We think giving you a chance to hear their story and pick their brain will help you figure out what's best for YOU!That's why we'll be bringing on a guest investor, Vincent Barbarite, to talk to Gregg Cohen, co-founder of JWB Real Estate Capital, about:- how he built an impressive commercial real estate portfolio- where he sees value in single family rental properties in this market- what questions they had answered that made them feel this way- why he chose real estate as part of his retirement plan- and more!Don't miss your chance to pick the brain of someone sorting through the same scenarios you may be.  This is the true value of community!----------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Jane Taricano was working hard for the school system when her son, Alex, came to her asking to borrow some of her retirement money to invest into a real estate deal and start a company.  Like any mother, she wanted to help her son, but the last time he had a business idea, it was a huge loss.She did it anyways, and in doing so, she became the first investor with JWB Real Estate Capital because her son is Alex Sifakis.Join us on today's show to meet "Mamma Jane", hear about her investment journey, and get a peek into the origins of JWB.We'll discuss:- Why she decided to take the leap and bet her retirement on real estate- How her portfolio has grown over the years (and what it looks like now)- What she thinks of Jacksonville real estate todayMany of us met Mamma Jane at the Summit, but few of us have heard the behind the scenes stories of her real estate journey.Don't miss a chance to see her LIVE!----------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

The American dream of homeownership isn't just about a white picket fence.  It's about a path to wealth for the middle class.  As housing prices seem to outpace wage growth, however, that path seems to be inaccessible for many while investors profit.But some investors aren't part of the problem.  They are part of the solution.That's why we're diving into how real estate investors can help solve the housing affordability crisis in this week's show!Join Gregg Cohen, co-founder of JWB Real Estate Capital, and Tara Klein, head of operations at JWB, to tackle this nuanced subject by discussing:- why the investment activity going into rental properties has gotten a bad rap- how investors can decide between investments that help solve vs add to the housing affordability crisis- what JWB is doing to become leaders in the solutionNo matter where you live, this show will teach you how to find allies to help your community.  ----------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

It's easy to drive through a neighborhood with high priced homes, see yourself living in it, and think these homes would make a good investment as rentals.But if you would've acted on that idea over the last market cycle in Jacksonville, you would have left money on the table.That's why Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, are breaking down why workforce housing close to downtown has been outperforming houses by the beach in Jacksonville (and why it will continue) on the next Not Your Average Investor Show!They'll help you understand:- what the data says about investing in higher income, beach adjacent areas vs workforce housing close to the the urban core- where the most profitable neighborhoods to invest in Jacksonville (and all of Florida!) have been for the past 15 years- why workforce housing has another advantage over beachside rental properties, risk mitigationThis is not the average advice you'll hear most pundits regurgitate about real estate.  It's based on real data, plus the perspective of a real estate investor outperforming the market for almost 20 years.----------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Most investors don't really understand how the effect of rising rents in growing markets positively impacts their wealth, and some even vilify it- thinking it inherently hurts the people living in the community they invest in.But when done the right way, residents and investors can create longterm wins they are both happy with.That's why we'll be talking about how JWB, one of the biggest property management companies for single family homes in existing neighborhoods, effectively raises rents in a way that residents and investors win.Join co-founder of JWB Real Estate Capital, Gregg Cohen, and show host, Pablo Gonzalez, for an eye opening conversation about:- What rising rents in growing markets do for long term investors- How rents can go up without hurting residents- Why other property management companies don't do thisIt's time to stop thinking about building wealth from the scarcity mindset of thinking others need to lose so you can win.  Join us for a new point of view about longterm wealth building through rental property investing.----------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Few people know that it's possible to invest in real estate with retirement accounts (IRA's & 401k's), and even fewer know how to do it properly, but those that do are often able to get more from their retirement dollars without increasing risk in their portfolio.That's why we're bringing back our resident guest expert with over 17 years of experience in the self-directed IRA industry, Jason Debono.He'll join co-founder of JWB Real Estate Capital, Gregg Cohen, and show host, Pablo Gonzalez to discuss:- How to set up your retirement account to invest in real estate- Where many investors are finding funds in retirement accounts that can kick start their real estate portfolio- What you need to know to mitigate risk and reduce your tax burdens as Jason has served as Director of Business Development, Director of Operations, and Vice President for NuView Trust Company – a self-directed custodian with over $2.1 Billion of assets under custody. Now, in his role as President, Jason oversees the day-to-day activities of the company. He is heavily recruited to speak on podcasts and at national events as a subject matter expert in tax-advantaged investing through retirement accounts. Don't miss your chance to pick the brain of a world renown expert about your particular questions on retirement funds investing!----------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Tired of that "depends" answer?  Let's get beyond that, then!Here's the deal-Prices have gone up, interest rates have gone down, there aren't a lot of properties for sale on the market, and everyone has different priorities.  That's why we're going to run through multiple scenarios on this show that will help you get a realistic estimate of how much you should expect to put down on a rental property.Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, will bring you a new understanding about:- what prices. rents, and returns are right now in the single family workforce housing rental property market- how different down payment amounts affect the internal rate of return (IRR) and experience- why you would want to put more or less down on a rental property, depending on your goalsThis is the number one thing people ask on the phone with our team, so we know you're asking.  ------------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Inflation seems to have subsided, and unemployment has not skyrocketed since the Fed began its rate-raising campaign.  This has some claiming that the "soft landing" has happened... but what would that mean for rental property investing?We're going to answer that question and other topics of the day in our latest installment of Not Your Average Insights!Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, will pick out a few relevant topics from the news cycle, and give you the perspective of actual real estate investors with over 17 years of experience and over 5,000 data points.This week will include:- Why this "soft landing" is different than the last one, and why it matters - What happens to your rental investments if we really landed it, and what would happen if we miss the landing- How recent articles are using confusing language that obfuscates what is really happening in the housing market This is our favorite content type because it's truly an open conversation with our community about what is happening right now.  Don't miss your chance to get in the room with a group of other savvy investors who don't think like the average person!------------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Alex Sifakis of JWB Capital and Don have teamed up and funded Gateway Jax, a dramatic revitalization project for downtown Jacksonville. In this episode they dig into Alex's roots in Jacksonville, the plans for the revitalization project and much more! About Alex: As a founding partner of JWB Real Estate Capital, Alex Sifakis is the company's visionary. A respected national real estate voice, Alex's genius has been quoted in The Wall Street Journal, Bloomberg, and several more publications. He speaks nationally at various institutional real estate conferences such as IMN and FICON. Also a community leader, Alex is an active participant in Leadership Jacksonville, was recognized as one of Jacksonville's “40 Under 40,” sits on various event and non-profit boards, and is a regular real estate commentator on Jacksonville news and radio stations.

As investors, we know that rental property success comes from getting educated, and most importantly, working with a great team.But there is one other thing you can do as an investor that can supercharge your returns (that has little to do with your team or property type)- Invest in the path of progress.That's why we're bringing Paul Shively back to talk about how you can identify markets in the path of progress on this special edition of the Not Your Average Investor Show!You'll learn:- the number 1 thing that "bends the curve" for home price appreciation in US cities, and where it has happened before (read: beat expectations)- how to predict when one of these cities will become what the Urban Land Institute calls a "supernova" before other investors (read: get in early)- why there is one city in America that is clearly in the path of progress and what the best areas to invest in it are (read: pro tip)Paul Shively is the head of the Passive Income Club for Fortune Builders, and one of the most in demand real estate educators in America.  He'll join Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, for his recurring "residency" as a guest expert on the show.Put on your thinking caps and bring your pen and paper because class will be in session!------------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Rates just dipped under 6% (for JWB investors, at least) for the first time in over a year so it's time for a fresh look at current returns for a JWB portfolio.Join us as Gregg Cohen, co-founder of JWB Real Estate Capital, and show host, Pablo Gonzalez, talk about:- how the new rates increase cash flow, and more importantly, IRR- why JWB is able to get rates that sound lower than what you may hear from other providers- what we think interest rates are doing in the near future, and if it's a good time to buyOn Thursdays, we dive into specific ways to build a real estate portfolio that will solve for real life scenarios.Come see magic of financial engineering first hand!------------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Join us for JWB's Q4 2023 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• Current Jacksonville real estate market pricing, rents, and months of inventory (MOI)* What real estate investors can learn from the early 1980's when it comes to future home prices and rents• JWB company stats and Key Performance IndicatorsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.----------------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Rich Neel was a New York CPA before moving back down to Florida for the same reason many New Yorkers do - the quality of life.  A few years later he became the controller for a small real estate company with big dreams, JWB Real Estate Capital.But it took a while before Rich became an investor, himself! (SPOILER ALERT: he now is!)Join us as we pick Rich's brain about:- how CPA's look at the numbers behind rental income properties- what changed his mindset about debt on a balance sheet for an investor- why so many other New Yorkers see Jacksonville as a great investment- and more!Join us for a look behind the curtain on JWB's finances and another investor story that is anything but average!------------------------------------------------------------------------------------Are you ready to seize the potential of real estate investing without the hassle? Look no further! Introducing our course, Not Your Average Investor's Guide: Investing in Rental Properties... Passively. Enroll now!

Do you know this feeling?You want to add rental properties to your portfolio but don't have enough capital.  We hear this from folks all the time, and they usually think their only options are to raise more funds, but they are often overlooking four sources of capital that most already have!That's why Gregg Cohen, Co-Founder of JWB Real Estate Capital, and Paul Shively, Director of Investments at Fortune Builders, are here to help you uncover 4 places that most investors don't realize they already have the funds necessary to pick up a rental property (or 3) for their investment portfolio!They'll discuss:- where the most common place most investors forget to look at when sourcing capital- how to put different types of retirement funds to work for you in real estate- why ROI isn't the only reason to tap into your capital- and more!Join us for a fun and informative session about money you didn't realize you had between two guys who oversee over a billion dollars in real estate investments.  Don't miss this chance to join us live!------------------------------------------------------------------------------------

Join us for JWB's Q3 2023 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• JWB's outlook on housing prices and rents in Jacksonville• What is different about the Jacksonville real estate market and economy from the national headlines• Why JWB's company KPIs show strength amid confusing economic timesYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. --------------------------------------------------------------------------------------

Do you feel like you may not want to be doing what you're doing forever?  Or you need to protect yourself from job loss?Well, oddly enough, that is an all too familiar feeling for doctors these days, and it's driving the smartest ones to real estate.But most doctors (like most people) still don't understand the best (and easiest) ways to do it!That's why, we've invited Dr. Chris Moore, a practicing physician who's managed to acquire a staggering 35 rental properties while maintaining his medical career to talk to Gregg Cohen, co-founder of JWB Real Estate Capital, on this week's Not Your Average Investor Show!With JWB Real Estate Capital as his property management team, Dr. Moore has proven that it's not just possible but highly feasible to diversify into real estate, and anyone can do it!In this show, we will:- Discover how Dr. Moore built a successful real estate portfolio while maintaining his demanding job, demonstrating it's achievable for anyone, even with a busy schedule.- Unpack the common misconception about market peaks and understand why it's an excellent time to invest in real estate TODAY.- Explore the simplicity of passive real estate investing, illustrating that you don't need to be an active investor to enjoy the benefits of this sector.- Understand why diversifying into real estate could offer better returns than the stock market, providing a robust financial foundation.Join us as we reveal the blueprint for achieving financial security and diversifying your investment portfolio. Whether you're a doctor seeking financial peace or a non-doctor interested in the world of real estate, this will be a highly enlightening conversation.----------------------------------------------------------------------------------------

In the high-stakes game of real estate investment, the clock can often seem like an opponent. Investors, both seasoned and aspiring, find themselves tangled in the notion of timing the market. Is this the silver bullet strategy to achieving unprecedented success, or could it be the very roadblock standing between them and their financial goals? This pervasive conundrum within the investment community needs to be addressed, but it requires an open-minded, balanced conversation.Coming up on the next episode of the Not Your Average Investor Show, our Gregg Cohen, co-founder of JWB Real Estate Capital, is ready to dissect this complex issue..This upcoming episode promises not to shy away from the tough questions. Instead, it aims to approach the timing debate with a nuanced understanding. Will it dismiss the concept entirely or acknowledge certain conditions where timing could indeed play a crucial role? The journey to uncover these insights will surely be a riveting one.You will learn:- The complexities and intricacies of attempting to time the real estate market in relation to interest rates- How the historical rate of home price appreciation factors into a long-term investment strategy- The particular circumstances where timing the market could potentially be advantageousThis episode of the Not Your Average Investor Show is more than an exploration into investment strategies; it's a journey towards informed, enlightened decision-making. ------------------------------------------------------------------------------------------

Get a 4.75% mortgage rate or 100% financing on new-build Florida income property. Start here. If I gave you $10M, learn why that probably wouldn't even help you. We revisit how “Real Estate Pays 5 Ways”, a concept that I coined right here on the show in May 2015. Some think real estate pays three, four, or six ways. I revisit why there are exactly five. Real estate has many paradoxical relationships. I explore. Americans are living in homes longer than ever, now a duration of 10 years, 8 months. The active supply of available housing dropped again. Get an update on the gambling industry. A major sports gambling platform has offered to advertise with us. Take my free real estate video course right here.  Zillow expects US home values to rise 4.8% from April 2023 to April 2024.  Months of available housing supply is currently 2.7 per Redfin. Resources mentioned: Show Notes: www.GetRichEducation.com/450 Active Supply of Available Homes: https://fred.stlouisfed.org/series/ACTLISCOUUS Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Find cash-flowing Jacksonville property at: www.JWBrealestate.com/GRE 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”  Top Properties & Providers: GREmarketplace.com 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 Keith's personal Instagram: @keithweinhold   Complete transcript:   Welcome to GRE! I'm your host, Keith Weinhold. If you were gifted $10M right now, why that very well wouldn't help you at all.   Learn a fresh take on how Real Estate Pays 5 Ways at the same time. A housing market update with perennially sagging inventory supply amounts and more outlooks for stronger home price appreciation than many expected. Today, on Get Rich Education.   Welcome to GRE!    From Montevideo, Uruguay to Montecito, CA and across 188 nations worldwide, you're listening to one of the longest-running and most listened-to shows on real estate… the voice of real estate investing since 2014. I'm your host and my name is Keith Weinhold.   How would you like it if I gave you $1M?   You know what? That's not enough to make my point. Make it $10M. I adjusted for inflation - ha! How much would you like it if I gave you $10M? How would that feel?   But what if it comes with this one condition.   What if I told you that I'll give you the $10M, but you are not waking up tomorrow?    Not waking up tomorrow? No way!   Now you know that waking up tomorrow is worth more than $10M.   This is how you know that your time and your life are worth infinitely more than any dollar amount.   Hmmm… if your time is so valuable. Then why did you check Instagram 15 times yesterday to see who viewed your Stories? Ha!   Why are you spending time with your AI girlfriend? Ha!   Get Rich Education is ultimately about living a rich LIFE - whatever that means to you.   And we do approach that from the financial perspective here. Money does matter… because leverage, cash flow, and inflation-profiting enable you to BUY time.   We're really one of the few investing platforms… this show is one of the few places with the audacity to tell you that - sure, a little delayed gratification is good… but the risk of too much delayed gratification is DENIED gratification.   Denied gratification is a terrible investing risk that most people either don't give enough weight to - or don't factor in at all.   And getting a $10M windfall is not as great as it sounds either.    History shows that the $25M Lottery winner quickly loses their money. Why does that happen?  Because it seemed like it was effortless to get the windfall, and because they don't know how to handle an amount like that.  It's really similar to a capital gains-centric investor that gets a windfall.  See, cash flow investors like you & I - we can be more measured because your income stream is metered out over time. That's why you are less likely to be irrational with your gains.     Now, I touched on some of those ways that you're paid in real estate investing.    Real Estate Pays you 5 Ways™ simultaneously. That's a concept that I coined right here on the GRE podcast. We since went on to have it trademarked.   Do you know when I first introduced that concept right here on the show - the month & year?    And I've since gone on to do a lot with “Real Estate Pays 5 Ways” to help other audiences understand real estate's five distinct profit sources.   Well, I had someone on Team GRE here do some digging into some of our legacy shows - our past episodes… because I wanted to know when I first said it… and it was apparently in May of 2015, so 8 years ago that I introduced it.   Since then, many other thought leaders have gone on to cite the phrase. Someone other than me even wrote a book on it. And that doesn't bother me at all. I'd rather that other people and readers get good ideas. That's more important than getting the credit.   Of course, c'mon, you can recite these 5 now like they're the Pledge Of Allegiance or something.    This is as automatic as the Lord's Prayer is for Christians. The five are: Appreciation Cash Flow Your return on Amortization and Tax Benefits and finally Inflation-Profiting But now, let's dissect this frog here a little. Why five ways? Why not another number, like real estate pays four ways or six ways?   It is five. There are no more or less. Each of the five are a distinct benefit.   A common flawed case that Real Estate Pays 4 Ways is that most real estate teachers omit the Inflation-Profiting benefit on the long-term fixed interest rate debt.   Any GRE devotee knows that with 5% inflation on $1M in debt, you only owe the bank $950K of inflation-adjusted debt after year one, $900K after year two, etc. (And in the meantime, the tenant pays all of your mortgage interest.)   Some that make the 4 Ways case question the Tax Benefit. Could the tax benefit really be considered a profit source, or is it just a deal sweetener?   It's a profit source.   Outside the real estate world, to obtain a tax write-off, you must have a real expense backed up with receipts, like building a new computer equipment or buying a new farm tractor.   Instead, the magic of real estate tax depreciation says that you can just write off 3.6% of the improved property value each year just for doing... nothing all year. No improvements necessary.   It's a phantom write-off, yet legitimate to the IRS.   Then the 1031 Exchange means you can endlessly defer all of your federal capital gains tax for your... entire life.   Yes, it's one of the few places in life where procrastination actually pays.   I've even heard some say that they're a fan of GRE's Real Estate Pays 5 Ways™, but they've discovered a sixth.   This often involves an event that's either unlikely or falls into one of the existing 5 Ways.   For example, "My appraisal value exceeded the contract price. I'm buying it for $320K, but the appraisal is $340K. I got $20K in instant equity. See, I was paid a 6th way."   No.   I mean, good for you, $20K of instant equity is a nice sweetener - that's a $20K credit in your net worth column that you received the moment you opened up that appraisal e-mail from your lender and saw it. Nice!   But an appraised value that exceeds the purchase price is not COMMON enough to be expected… and the 5 Ways are.   Also, you can make the case that "instant equity" is covered in the first way you're paid, Appreciation.   The reason that we invest in real estate is because there's virtually no other vehicle in the world where you can expect to be paid five ways at the same time.   That's a foundational principle - it's a core concept here at GRE.    It's why we do what we do. It answers the compelling “why” for real estate better than any answer there is…   …and that's why anything less than a 20 to 25% combined return when you add up all five ways is actually disappointing - and that's done with low risk - which is paradoxical almost anywhere else in the entire investing world.    If you haven't yet, take my free “Real Estate Pays 5 Ways” course in order to really understand each of your five distinct profit sources, where they come from, and how that all fits together.    It's at GetRichEducation.com/Course. The free “Real Estate Pays 5 Ways” short course is free at GetRichEducation.com/Course    Let's talk about real estate trends.   You know, real estate investing has a lot of relationships that you just wouldn't expect.    Part of that is because it intersects with the economy. Economies are complex and you get these relationships that are counterintuitive.    For example, in a recession, mortgage rates and all interest rates tend to fall, not rise.    Another exhibit is how debt BUILDS wealth with prudent leverage.   Another one that I've explained extensively here and the show and elsewhere is that higher mortgage rates correlate with higher home prices - not lower ones. That throws nearly everyone off.   Some physical real estate trends have been counterintuitive.   About 30 years ago in America - the 1990s - a new trend was fueled that everyone wanted to have a big kitchen.   New homes were often built with a big, fancy kitchen in the center of the home. Open floor concept - no galley kitchens anymore. That began back then.   And this was really the advent of - at the time - what we considered luxury amenities like granite and quartz kitchen countertops.    Anymore, that's become standard. Even our build-to-rent providers at GRE Marketplace often have new granite countertops in rentals.    But the paradox here is the assumption that a big emphasis on kitchens would mean that more people would start cooking at home.    Oh, no. Just the opposite, in the last 30 years, despite the big kitchens, more people eat out at restaurants and fewer people eat at home. Another real estate paradox.   Another counterintuition was the pandemic. Society locked down, people lost their jobs and you think that there are going to be mass foreclosures because with no job, no one can afford their mortgage payment.   People thought the pandemic will cripple the housing market. Oh, it was just the opposite. That created a housing boom. Everyone wanted their space. Another paradox.   Remember here on the show, shortly after Biden was elected, I told you that this administration - for better or for worse - will not let people lose their homes.    Then we had high inflation on the heels of the pandemic. That was bad for consumers and good for real estate.   But high inflation is supposed to mean that bitcoin and gold would surge. Well, another paradox, that brought crypto winter, and gold did nothing in high inflation, until more recently here.   Rather than high delinquency rates we've got low delinquency rates. In fact, the mortgage delinquency rate has been steadily falling for almost 3 years now. That's because of strong borrowers and tough lending standards.   Now, another real estate investing trend, though there's nothing paradoxical here, is mortgage rate resets.    Here in the US, on 1-4 unit rental properties, you're in great shape, whether you locked in your interest rate at 3% or 7% - the thing is that you have a steady payment… and on an inflation-adjusted basis, your same monthly payment amount goes DOWN over time - it's a tailwind to your personal finances.   Inflation cannot touch your steady, locked-in P & I payment.   But many Canadians are up for renewal with their 5-year fixed rate, 25-year amorts.    Yeah, just across the border in Canada, they don't have these 30-year fixed rate amortizing loans.    Their rate resets every five years.   One Canadian homeowner that I talked to, he doesn't live in that posh of a home in Ontario, it's just a little above the median housing price.    His family's loan terms are about to reset on the primary residence and it's expected to increase their monthly payment by $1,280 / mo.   How would you feel if that happened to you overnight? It's a nuisance at best. It might even crimp your quality of life - or worse.   That can't really happen to you in the US.    Having a 30-year FRM is like you having rent control as a tenant.    In coastal areas, some tenants that have a rent control deal - New York, California, Oregon - they want to live in their home for decades under rent control because there's a ceiling on their rent. Move out of their unit - lose the deal and they'd have to reset somewhere else.   It's the same with you as an American homeowner or REI in the 1-to-4 unit space. Your P&I price cannot rise.    And, I've talked about the interest rate lock-in effect before, constraining the housing supply.    Get this. Just last week, First American Title Company informed us that the average resident duration in a home hit a record high.    Amongst this lower intrinsic mobility rate, interest rate lock-in effect, and other societal trends, the average resident duration in a primary home in now 10 years, 8 months.    Lower mobility. Studies show that people are holding onto their cars longer than ever, and people aren't parting with their real estate either.   So, then, with fewer properties coming to market, let's update the available supply of homes.    This is pulling from the same set of stats that I've been citing for years, in order to be consistent. Check this out. This is the FRED Housing Inventory - the Active Listing Count of Available US homes.   Remember, historically, it's 1-and-a-half to 2 million units available. In 2016 it was still 1-and-a-half million.   Then in April of 2020 it dipped below 1 million and fell sharply from there - which I've famously called this era's housing crash.    It was a housing SUPPLY crash - which hedges against a price crash.   It fell to as low as 435,000 a year later in mid-2021. Gosh, under a half million.   It's rebounded as builders know that they need to build more homes. Six months ago it got up to 750,000 available homes - which is still less than half of what  America needs.   And now, today, did the supply get up toward at least 1 million yet? No.    It has dropped back the other way to just 563,000. This astounding dearth of housing supply - it's a condition that we could very well be in for over a decade.   This scarce supply is a long-term American condition. Yes, it's good for your real estate values - both present and future. But it is a problem too. It's a contributor to homelessness!   The Covid home improvement boom is officially over. So says Home Depot. They posted a revenue drop in the first quarter and warned that annual sales would decline in 2023 for the first time in 14 years.    Home Depot said that shoppers are now holding off on the big-ticket purchases they made during the pandemic and are choosing to break up larger projects—like remodeling a bathroom—into smaller, bite-sized pieces.   There's a fascinating new study from a bipartisan think tank shows that everyone wants to LIVE ALONE.   That's what Business Insider just reported on. Now, of course, the term “everyone” is an exaggeration.   But Statista and Our World In Data tells us that - get this - this is the number of SINGLE-PERSON households in the US - people living alone.   Back in 1960, that figure was just a paltry 13%.   By 1970, 17% of households were people were living alone.   Every ten years, that percent crept up to 23, 25, then 26%. By 2010 it hit 27% and by 2022 it hit 29%.   Now, you can't think that's good for society - to have all these single-person households. Almost 3 in 10 living alone. C'mon. Find a good spouse.   But in any case, that's good for you as a REI, when, say, 10 people live amongst 5 homes rather than 3 homes - absorbing all that housing supply and keeping it scarce.     Even if the US population stayed the same, there's more home demand - with that trend.   Of course, the US population is growing, though really slowly, probably just a few tenths of 1% this year.   But because of all the Millennials and the embedded “Work From Anywhere” trend, housing demand is pretty strong.   The recent rental housing demand and rent boom came almost entirely due to a surge in household formation -- young adults leaving the nest and roommates decoupling to get their own space... especially in urban areas.   People working from home want more space (without a roommate) AND are willing to pay more for it -- and able -- to pay more for it.   So if you're bullish on work-from-home remaining the norm for at least a chunk of the population (and I am), you should be bullish on the rental demand outlook.    And this has really revitalized America's SUBURBS - that's the area where you find that space.   The WFH-fueled rise of the suburbs is a wake-up call to cities, where, in the case of NYC, 26 Empire State Buildings' worth of office space now sits empty.  The typical office worker is spending $2,000–$4,600 less annually in city centers. Because even if they GO to the city to work, they might only do that 2 days a week now - not 5. I've got more for you straight ahead, including a new forecast on how much home prices are expected to rise this year.   Again, check out my free video course if you haven't “Real Estate Pays 5 Ways”. Get it at GetRichEducation.com/Course   I'm Keith Weinhold. You're listening to Get Rich Education.   Yeah, big thanks to this week's show sponsors. I'm only bringing you those places that will bring real value to your life.   Now, here at GRE, I recently read an offer that one of these major sports gambling platforms sent us. They want to advertise on the show here.    Do you want to hear sports gambling ads on GRE? I've got an opinion about that, that I'll share with you shortly. Gambling is not the same as investing.    If you're wondering why you're hearing more about gambling, especially sports gambling than you had just a few years ago, well…   Now, just last week, it was FIVE years ago that the Supreme Court lifted a federal ban on sports gambling in the US.    That spawned a multibillion-dollar industry that's transformed how Americans watch, talk about, and experience sports.   Americans bet $95B on sports in legal jurisdictions with consumer protections last year. That's more money than the amount spent on ride sharing, coffee, or streaming… and you can bet that the off-the-books gambling number, if added in, would make that WAY higher. Two sports betting companies, DraftKings and FanDuel, control 71% of the US market, per gambling analytics firm Eilers & Krejcik. Gosh, that's almost a duopoly right there. But despite that, these companies have struggled to turn a profit. FanDuel recorded its first quarterly profit just last year, and DraftKings has YET to report a profitable quarter. Well, I'll just tell ya, it's one of those two big companies that inquired about advertising on GRE. Of the 50 states, the number is 33 that allow it. That's 2/3rd of the nation that has legal sports betting (Washington, DC, has it too). Another four states have legalized sports wagering, but don't have any sportsbooks operating yet. Interestingly, the three most-populous US states—California, Texas, and Florida—have not legalized sports gambling. And they account for 26% of all teams in the major North American pro leagues. The number of women joining sportsbook apps jumped 45% last year, marking the third straight year that new women users exceeded men. Hmmm. I guess that's the growth market there. My inclination to have gambling advertising and associating with these companies is NOT to do it… not to accept that advertising income. I don't see how that's serving you. This feels like a conflict in my gut and in my heart. Gambling is sort of the opposite of investing for a stable rental income stream.  I mean, either way, I guess you're putting your money at stake. But that's about the closest common ground I can find.  At least at this time… and probably all-time, it's a “no” for gambling content here. That's not any sort of moral judgment on the activity at all. I mean, gosh, as a teenager, I was really into sports gambling, but it was the informal kind. My friend & I each lay a $10 bill next to the TV - Phillies vs. Mets. Winner gets the $20 bucks. So, my inclination is a pretty easy “no”. Hook up with our sponsors - they support GRE. That's Ridge Lending Group, offering income property loans nationwide. JWB Real Estate Capital - if you want performing income property, JWB really has Jacksonville, FL sewn up & locked down. They do one thing and do it well. Then, Freedom Family Investments. Get started with them for real estate funds that are ultra-low hassle. Text “FAMILY” to 66866.  Where will the next ten years take you & I on the show here? I would love to be along for the ride with you. I hope that you'll be here with me.   Let me just take a moment to remind you that I'm grateful to have such a large, loyal audience to… well, listen to the words that I say every week. Thank you for your support.   This show has almost reached the 5 million download mark. I've been shown that it's between 4.8 and 4.9 million downloads now. I'm genuinely honored and a little humbled about that even.    Let's listen in to this 3+ minute CNBC clip. This is Lawrence Yun, Chief Economist at the NAR - the National Association of Realtors talking about the housing market just last week.    Now, a little context here - historically, the NAR has tended to give these dominantly sunny side-up, glowing, everything is always good & getting better kind of remarks on the housing market.   But I've been listening to the NAR's Lawrence Yun for quite a while and think he's been rather balanced.    Here, he discusses how real estate sales volume is down - which has a lot to do with low supply, that mortgage rates are steady, and that prices are slowly rising in most parts of the nation.   [OK, Vedran. Here's where we play the insert.]   0:09-3:42 First words to keep are: “Lawrence Yun…” Last words to keep are: “... half of the country.”   https://www.cnbc.com/video/2023/05/17/home-prices-still-rising-despite-sales-dropping-says-national-association-of-realtors-yun.html   Now, Lawrence Yun did go on to say that he thinks that the Fed should lower interest rates by a half point, and more.    Let us know if you'd like us to invite Lawrence Yun onto the show. As always, you can leave your suggestions, questions, or any comments about the Get Rich Education podcast or any of our other platforms at our Contact center at: GetRichEducation.com/Contact   When it comes to national HPA, just last week, we learned that Zillow revised its home price outlook upward.   Between April 2023 and April 2024, Zillow expects home US home values to rise 4.8%.   You've got more signs that more & more American markets are being considered a seller's market rather than a buyer's market, which tilts toward price appreciation, though I still think pretty moderate price appreciation this year.    CNN recently published an article where they even posited the question: “Are Bidding Wars Back?” Yes, they are in a few markets.     Another measure of housing supply is the MONTHS of available supply. I think you know that 6 to 7 months of inventory is considered a balanced supply & demand market.   If it gets up to 10 months of supply, you tend to see little or no HPA.    Well, indicative of the low housing supply, we hit a winter high of 4-and-a-half months of supply.    And today, it's down to just 2.7 months per Redfin. 2.7 months. That's just another sign that demand is outpacing supply.   Then, among those entry-level homes, like the NAR's Lawrence Yun eluded to, they're even harder to find… and they're the ones that make the best rentals.    How hard are these to find? I mean, in some markets this can be even more rare than finding a true friend? Ha!   Is it as rare as the Hope Diamond? Or perhaps a Honus Wagner baseball card? Ha!   Well, the good news is that we actually have the inventory that you want at GRE Marketplace.   Besides that, we actually have something that you really like and that is - mortgage rate relief to help you with your cash flow.    Purchase rates have been hovering around 6 1/2% lately. That's the OO rate, so for rentals, it could be 7%+.   Well, how about rolling back the hands of time? Through our great relationships here and our free investment coaching, you have access to 4.75% interest rates on investment property - and many of these are new-builds in path-of-progress Florida.   Yes, our free coaching will get you the 4.75% mortgage interest rate, they'll even help write the sales contract for you if you're new to this, walk you through the property inspection, the property condition, the appraisal.    Yes, a 4.75% interest rate… today, from these homebuilder buydowns. I don't know how much longer that can last.    To be clear, you're not buying an income property FROM us. You're buying it with our help and our connections. It is all free to you. This is educational support for you.   In fact, our coaching support like this through our sole investment coach, Naresh is becoming so popular, that I can announce that we soon plan to add a second investment coach. Yes! A new one.   And interestingly, you have heard of this soon-to-be second investment coach because they've been a guest on the show here a number of times. Yeah, we'll make that introduction on a future show. You'll find THAT interesting.   But, our Investment Coach, Naresh, does have some slots open to talk with you and help you out. A lot of the best deals currently with these 4.75% rates are with new-build Florida duplexes and fourplexes.    You can use them for rental SFHs too. Last I checked, the deals were a little better on the duplexes and fourplexes.   You probably thought that Sub-6 and sub-5 mortgage rates are about as unlikely to make a sudden comeback as AOL or Myspace, but we've got them here now.    Now, that 4.75% is just one of two options that we have with some Build-To-Rent builders that are fairly motivated. So to review the first one fully… you can get a   4.75% interest rate with a 25% down payment 1 year of free property management and $1,000 off closing costs per deal That's one. Or, option 2 is: Zero down payment - yes, 100% financing 2 years free property management $1,000 off closing costs per deal Negotiable price, open to offers They are the two options.  It's rarely more attractive than this. If you hear this in a few weeks, or perhaps months, I doubt that these options will be there any longer.   So I'll close with something actionable that can really help you now.    If you want to do it yourself, that's fine, like thousands of others have, get a selection of income property - despite this national dearth of supply at GREmarketplace.com   Or, like I said, right now, it's really helpful to connect with an experienced GRE Investment Coach - it's free - our coach's name is Naresh - for those 4.75% interest rates or zero down program - whatever's best for you… you can do all that at once at GREmarketplace.com/Coach   Until next week, I'm your host, Keith Weinhold. DQYD!  

Join us for JWB's Q2 2023 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• JWB's 2023 outlook on housing prices and rents in Jacksonville• What is different about the Jacksonville real estate market and economy from the national headlines• Why JWB's company KPIs show strength going into a recessionYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. Hope to see you there!--------------------------------------------------------------------------------------------

The federal government sent major shockwaves through the media by adding loan-level price adjustments (LLPA) to conventional mortgages this week, and the Blackstone crisis is sending shockwaves through the commercial real estate landscape, but it's not clear what this means for single family rental property investors.That's why we're diving in Not Your Average Investor style into these two stories on the newest edition of Not Your Average Insights with JWB Real Estate Capital co-founder, Gregg Cohen, and host, Pablo Gonzalez!We'll talk about:- how will returns be affected by the LLPAs being put in place- what correlates between commercial real estate investments and single family rental properties- why the average investor struggles to interpret these moments through the media's lens- and more!You don't want to miss this one.  These stories are HOT!Be part of the conversation.----------------------------------------------------------------------------------------------

Learn how to harvest equity without giving up your low, fixed-rate mortgage. Today, I discuss: conventional loans for single-family rentals, DTI, refinancing, accessing equity, student loan debt, and down payment requirements for income properties with Ridge Lending Group President, Caeli Ridge. Learn what's better for a second mortgage—the pros and cons of a HELOC vs. Home Equity Loan. You also get a mortgage market overview. We discuss changes in cash-out refinance seasoning requirements.  Caeli also describes where she believes mortgage rates are headed later this year. Resources mentioned: Show Notes: www.GetRichEducation.com/447 Ridge Lending Group: www.RidgeLendingGroup.com info@ridgelendinggroup.com Join us for tomorrow's free GRE Florida properties webinar: www.GREwebinars.com Ridge's All-In-One Loan Simulator: https://ridgelendinggroup.com/aio-simulator/ Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Find cash-flowing Jacksonville property at: www.JWBrealestate.com/GRE Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com 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 Keith's personal Instagram: @keithweinhold   Speaker 0 (00:00:00) - Welcome to GRE! I'm your host Keith Weinhold. You can get a conventional loan for a single family rental with less than a 20% down payment. Learn why you might want to refinance today. Even though mortgage rates aren't as low as they were a couple years ago, how do you qualify for loans if you've already got student loan debt? All things mortgages and financing today on Get Rich Education, Speaker 2 (00:00:29) - You are listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education.   Speaker 0 (00:00:52) - Welcome to GRE from K Patis North Carolina to Hattiesburg, Mississippi and across 188 nations worldwide. I'm Keith Weinhold. This is Get Rich Education, the voice of real estate investing since 2014. Before we get into a great education on all things mortgages today, there is still a little bit of time left for you to join us on tomorrow night's G R E Live event. You can join us from the comfort of your own home. This is for new build single family rentals, opt to four plexes in Jacksonville, Ocala, and elsewhere in Florida. Purchase prices are still below 300 K on the single families. Yes, still in the two hundreds in some cases. I don't know how long that can last. Yeah, these are the property types that are quickly vanishing. Our investment coach Naresh Stars in that event tomorrow, he finds you the good deals with the national providers that are actually giving incentives despite the fact that the product that you're buying is in really short supplies.   Speaker 0 (00:01:59) - You're gonna get a good, solid, fundamental education on what makes a durable income property market and a arrest in the Florida provider are going to share with us just for webinar attendees. Those even better than two and two incentives. Yes, for you, the incentives on the webinar are even better than that 2% of your purchase price paid do you in closing costs cash and 2% of free property management. It is going to be even better than that. That's gonna be rolled out tomorrow night, May 2nd at 8:30 PM Eastern, 5:30 PM Pacific. It is free to attend. You can ask questions live, get your questions answered and get access to the actual properties should you so choose. That is the final reminder. So if that's of any interest to you, be sure to sign up now@grewebinars.com. I'm coming to you from the Mojave Desert today here in metro Las Vegas.   Speaker 0 (00:03:04) - It's Henderson Nevada. To be technical next week I'll bring you the show from Phoenix, Arizona. And you know what? It's kind of funny. Sometimes you hear people refer to this general area of the nation this southwest and they say they are going to the desert if they were doing what I'm doing. Well this unrepentant geography nerd will clarify that it is the deserts plural. Yes, Las Vegas is in the Mojave Desert in Phoenix is in the Sonora Desert. There are differences in vegetation type and others that distinguish the two. And the most obvious difference perhaps is the presence of the big iconic Saguaro cactus down in the Sonora that you don't find up here in the more northerly Mojave and perhaps the Joshua tree is the more distinct plant type here in the Mojave. Yes, we're talking about two gigantic pieces of real estate here. Much of it is baron. Two disparate deserts with their own distinctive flora and fauna. As you're about to learn about financing real estate today, let's remember that there is a cash out refinance and then generally if you're performing a refinance without pulling cash out, that is known as a rate and term refinance. Let's get into it.   Speaker 0 (00:04:30) - Well hey, well how do you qualify for more mortgage loans at the lowest interest rate available, Americans have near record equity levels in their homes. What's the best way to access that equity yet keep your low mortgage rate in place? And what about your student loan debt and how that factors into you getting a mortgage or getting a refinance? We're answering all that today with a GRE regular guest and though it's her first appearance back on the show this year, it's the return of the company president that's created more financial freedom through real estate than any other lender in the entire nation, Ridge Lending Group. It's time for a big welcome back to Caeli Ridge.   Speaker 3 (00:05:08) - Keith Wein. Hold. Thank you. You flatter me sir. I appreciate it. Love being here with you and for your listeners.   Speaker 0 (00:05:14) - Well yes, the president is back and everyone loves this type of president because it's not about being a Democrat or Republican. So hail to the chief, great to have you here. And Jaylee mortgage rates, they have settled down a good bit from their recent highs now they peaked back in the fall of last year. So with that and some of the other things in mind, why don't you talk to us about the big picture first, sort of your mortgage market overview.   Speaker 3 (00:05:40) - Interest rates is always top of mind for everybody. I think they're doing pretty well. I do believe I've been sharing with our listeners and and my clients on a day-to-day. I do believe that rates will continue to kind of increase here and there. There's gonna be some ups and downs. Of course the Fed has been very clear with us. Jerome Powell is gonna continue to raise the Fed fund rate just for anybody that doesn't know the two between a mortgage rate and a Fed fund rate while connected, not the same thing. So when they raise that does not automatically mean that we see the increase on the the 30 year mortgage bonds. I think that that's gonna continue to happen, but I think the pace in which it happens or continues to happen is gonna be a lot less aggressive. So I think that's gonna bode well overall.   Speaker 3 (00:06:21) - For interest rates. I know everybody is very, very interested in in are they going up, are they going down, when are they going up, when are they going down? I think that we'll continue to see a little bit of upward movement. I think it's gonna be sometime next year that we start to see interest rates come back down in any meaningful way. And remember gang rates go up much, much faster than they come back down unfortunately. So I think we've got a little bit of way to go. But I'm always the one saying, Keith, you and I have talked about this, um, many, many times you must be doing the math and that the rate as a function of the return of the investment isn't the most important thing. So I'll leave it there for rates. Otherwise, I think that the industry is doing really, really well.   Speaker 3 (00:06:58) - One big announcement that we had this year was that Fannie and Freddie both have extended the seasoning period of time to where a cash out refinance when leverage was used to acquire is applicable. So now you have to wait 12 months to pull, to pull cash out of a property using the A R V that after repair value if you use leverage to acquire the property. Quick distinction because this has been confused. If you paid cash for the property, your source and season funds, that still falls under what's called the delayed cash out refi and no seasoning is required. It's only when leverage was used to acquire the property and then they're trying to use an after repair value to pull cash out in hand. Is that 12 month seasoning rate and term is different. So that doesn't apply either.   Speaker 0 (00:07:45) - Okay. So if you make a purchase and then say it less than 12 months down the road, you want to do a refi but not pull cash out, is that still all right?   Speaker 3 (00:07:55) - That's absolutely fine. No seasoning is required and we can use the arv. It's only when you want cash in your hand that that 12 months is is applicable.   Speaker 0 (00:08:04) - Got it. Okay. That's really helpful to know. Just big picture before we winnow down, are there any other big substantial mortgage stories out there that some should know about? Um, it was only a couple weeks ago, there was a lot of misinformation going around on TikTok and elsewhere about 40 year loans from F H A without people understanding that's just for loan modifications and really other stories like that. Any other big picture things where you can help us see what's happening?   Speaker 3 (00:08:30) - It seems to be par for for the course? I have not. There's nothing that's come across my desk that I would say was newsworthy or noteworthy to share. I think we've got more to unpack here than any of that.   Speaker 0 (00:08:40) - Yeah and things sure are picking up here around G R e. People wanna buy more properties this year. It really slowed down toward the end of last year, right about when the mortgage rates were at their peak. So when we talk about getting loans, we think about leverage. Leverage is created with debt. Has anything changed with the down payment requirements for an income property? And we're largely here in today's discussion talking about one to four unit income properties. Properties that you don't live in yourself,   Speaker 3 (00:09:08) - Correct down payments have have remained the same. There isn't been anything that has changed there. Just to reiterate, for those that may not be aware on a single family residence, conventionally 85% loan to value is applicable. You can leverage all the way up to 85, you're putting 15% down. Keep in mind everybody that that will have pmi, private mortgage insurance attached to it, I would have you look at them side by side. The PMI factors actually pretty low and depending on the loan size it may only be 20, 30 bucks a month. So if you're able to leverage extra, it may make sense. You're gonna have to look at the numbers so that single family and then two to four unit on a purchase transaction different on a refinance transaction but purchase is 25% down or 75% leverage is required for those duplex, triplex, fourplexes.   Speaker 0 (00:09:54) - Okay, so as little as 15% down on a rental single family home. So you're getting up to six to one, seven to one leverage in that case. Sheila, do you find very many people doing that or would they rather pay the 20% down for a rental single family home and not have the pmi?   Speaker 3 (00:10:10) - I find that right now I think that it's less common than maybe it was because interest rates are up from where they were, uh, a year, year and a half ago. So more often than not we see the 20% down. But I still think it's worth looking at. I mean you're never gonna know unless you run the numbers right side by side.   Speaker 0 (00:10:25) - Okay, so we're thinking about how much cash we have to have put aside for a down payment in closing costs. And one thing that we need to do in order to qualify for that loan in the first place of course is some people get hung up on the dti, their debt to income ratio is too high to qualify for property and chaley. Over the past few months I've had a few listeners write in with questions and I thought, well I'll say that question until we have chale on again. And one of them really has to do with student loan debt. Student loan debt often contributes to one having too high of a debt to income ratio so that they didn't have to repay their loan. I know that Biden said that you wouldn't have to pay back student loan debt for a while, but can you talk to us specifically about student loan debt with D T I?   Speaker 3 (00:11:06) - There's gonna be a few pieces to share with everybody depending on whether we're talking about Fannie Mae or Freddie Mac and we won't know who we're gonna end up selling to after the loan funds. And they have slightly different guidelines between the two of them. Similar. But there are some differences as it relates to student loan debt regardless of whether you're in deferment or you've been told that you don't have to repay. If it shows up on an individual's credit report, the calculation will be as follows. They're going to take the outstanding balance times 1%, that's Fannie Mae's rule or the outstanding balance times half a percent. That's Freddie Mac rule and that will be the payment that we include in the debt to income ratio. Uh, I'll mention that the all-in one, which is a very popular loan right now. First Lean HeLOCK, maybe we'll talk about that here today. They will defer to Fannie rules so it'll be 1% of the outstanding debt pulling on the credit report even if it shows a zero payment listed. Now there is one caveat, if the individual has a letter, this happened maybe in the last six months and I'm trying to think about, there was a title, it's pretty rare. But if they're able to gain access to documentation that specifies that they are not going to have to repay that debt and we can take that documentation, then we can zero out that payment in the D T I.   Speaker 0 (00:12:22) - Alright, there's some strategies for how you can approach D T I with respect to any student loan debt that you have and what is the maximum D T I that a borrower can have?   Speaker 3 (00:12:34) - Conventionally and non qm, you're gonna get to 50% debt to income ratio for the all-in-one since we just touched on it, 43% is the absolute max.   Speaker 0 (00:12:43) - Okay. And on prior shows, Chile and I have discussed specifically with examples just how that D T I is calculated. If you're wondering, you can hear that in some past episodes Chile one one goes ahead and they continue to add income properties to their portfolio. Often I recommend that one does that with high leverage but not over leverage. How does one keep their D T I ratio down over time as they continue to add properties so that they can qualify for more properties in the future? Is there a good strategy for that?   Speaker 3 (00:13:14) - There is, and it's such a good question because as investors, right, our qualification primers are not static. They're going to change over time as we buy and sell and refinance. So it's very, very important, especially with the debt to income ratio that we're keeping an eye on it. And there's a few ways in which you can kind of strategize or optimize that D T I. The first is going to be the Schedule E, okay? The Schedule E is where all the rental properties are going to live once you've filed the annual tax return. The easiest way for the time that we have here today, Keith, is gonna be to tell the listeners, send us your draft returns. So on an ongoing basis we tell our active clients do not file federal tax returns until you send us the draft. We're going to run that draft through the pre-formulated calculation that comes straight from Fannie, Freddie and then we're gonna provide you with some feedback, one of which may be Mr.   Speaker 3 (00:14:03) - Jones, you forgot to include your insurance as a deduction and that's actually an add back that's gonna be to your disadvantage. Make sure that you put that in there. You didn't claim the full number of days of income for the property, you forgot to put depreciation on there. That's also an add back. There's a whole slew of things that we can look at and look for and give the individual that feedback so that they are filing at that optimal way while maintaining what the maximized tax credits are, right? There's a nice balance there. The more aggressive you are with the tax deductions, the more it can impact the D T I. So we wanna have eyes on that and work closely with the client and or their CPA is a very common part of what we do. So schedule E a little more complicated, that would be one of the the ways in which we wanna maximize debt to income ratio.   Speaker 3 (00:14:45) - Obviously not obtaining new debt, new consumer debt is is not gonna be to our advantage, right? We don't want more liability than we have income. Another thing is, is that when we talk about credit and a lot of clients that we talk to, they pay their credit cards off monthly, right? Maybe they charge up five grand, eight grand, 10 grand, they get a miles or whatever it is. It's very important to communicate with us to find out when in the month we wanna strategically pull the credit. Because what will happen is is that the day in which we take that snapshot, if there's a minimum payment due, a balance with a minimum payment, that minimum payment will be used in the individual's debt to income ratio regardless of whether they're gonna pay it off at the end of the month. That doesn't matter to us.   Speaker 3 (00:15:26) - There's a payment here, we gotta hit you for it. So strategizing on the day in which we wanna run credit might be another helpful way for D T I. And then finally, and there's probably a few other things, but I think high use would be, I don't like the shorter term amortizations. I think this is something else you and I have talked about many times, Keith, where people wanna pay off quicker, which is great if that's really what they wanna do, that's perfectly fine. I'm not sure that that would be my strategy, but whatever. Don't get yourself into a 15 year fixed mortgage because it's only gonna jack that payment. It's gonna really increase that payment. It's ultimately going to, for long-term optimization, hurt your D T I. You can do the same thing with a 30 year mortgage and not pay extra interest by accelerating the debt if that's what you chose. So those would be the the few things I'd comment on   Speaker 0 (00:16:10) - 100%. And for you the listener and viewer right now with what you just heard from chaley, you can begin to understand the value of working with a lender that works specific with income property investors rather than those lenders that are more geared toward primary residents, borrowers. Nothing wrong with them but they're in their lane during their thing. And you can understand why Chaley over there at Ridge is really a specialist to help you qualifying for as many income property loans as you possibly can and optimizing those loans as well. Chaley, when we talk about interest rates, oftentimes it's of interest to people to look at what are refinance interest rates like versus new purchase interest rates.   Speaker 3 (00:16:54) - I would say on average there's a variety of of variables that dictate what the rate is gonna be. Okay? I talk about this a lot. They're called LPAs loan level price adjustments. And a loan level price adjustment is a positive or negative number that attaches to the characteristic of the loan transaction. So purchase or refi, hash out refi rate and term refi credit score has its own L L P A loan to value, loan size occupancy. All of these come with a positive or negative number attached to them as it relates to purchase versus refinance. Generally speaking, let's take a rate and term refi where you're not getting cash out, you're just maybe taking an arm and making it affix. You're taking a higher rate and making it lower, whatever, maybe about a half a point difference. So if a purchase was at six and a half, the re rate and term refinance might be at 6 75 or 7%, cash out's gonna be a little bit different. I would add a quarter point to that and then if, if it's a two to four unit, add another quarter point on top of that. So those variables do make a difference.   Speaker 0 (00:17:53) - And maybe the listener might think, well why are you talking about refinancing at a time like this? If I wanted to refinance, I would've been more likely to do that about two years ago when mortgage rates read historic lows. But today Americans are sitting on near record equity, oftentimes it might be tied up in a low mortgage rate loan with that equity chaley. I talked to some people out there just lay people, people that aren't even investors and they have a big equity position with a really low mortgage interest rate loan and they seem to think that to refinance it, they would need to go ahead and refinance their entire mortgage and lose that maybe three or 4% loan, but they don't necessarily have to if they can do a second mortgage. So I guess really what I'm getting at and the question chaley is what is the best way to do a rate and term refi versus a cash out refi? And I know there are a lot of scenarios there.   Speaker 3 (00:18:44) - Yeah, lots of scenarios. So to your point, it is not necessary to give up a very low fixed rate mortgage if you want to harvest some of that equity. The ways in which, and I'm gonna have a plug after this for the all in one, but I'll get to that cuz I'm just such a big fan. But the ways in which you can do that both for your primary residents, a second home and an investment will be through a second lien mortgage, whether it be a heloc, home equity line of credit or a he loan, the HE loan is applicable for the rental properties. I do not believe, I hope somebody can give me alternative information, but I do not believe you're able to find second lean HELOCs for rentals today. I feel like those have really dried up if they're out there, the ones that I know of that used to do them are not doing them anymore.   Speaker 3 (00:19:27) - If they're out there and anyone's listening to this, somebody please let me know. Keylock for rental probably not an option. He loan for rental absolutely is an option. And this is guys a fixed rate mortgage in second lean position, just like your 30 year fixed first, this will be a 30 year fixed second interest rates are gonna be higher. And since we were talking about interest rates, I'm gonna say that they're probably anywhere from 10 to 13%, but they're smaller amounts. C L T V combined loan to value for a he loan on a rental would be 85% is what we have access to. So as quick math guys, if you have a value of a home of a hundred thousand and you owe on your first mortgage 50,000, the CLTV would be 85% of a hundred. So 85,000 minus the 50001st, which stays in place, you'd have access to about 35,000 in that example. And that would be access to rental properties that you just do not want to mess with that first lien mortgage different for owner-occupied. And I'll take your queue on when you want me to get into that.   Speaker 0 (00:20:26) - Yeah. Okay. So we are just talking about income property second mortgages there. Tell us about primary residences.   Speaker 3 (00:20:32) - So primary and secondary should be in the same bucket. You can leverage just 90% C L T B, same math as before but up to 90% And these are gonna be, you have HeLOCK and he loan. I'm gonna assume most people are gonna go for the HeLOCK, right? The open-ended revolving is definitely more attractive than a closed-ended fixed I believe in a second lien. And you know Prime is at eight I believe right now. Gosh, I should have checked before we go on, but I think Prime is sitting, it's an index. An indices like the Fed fund rate, that's an index two prime is at about eight. And then depending on the characteristics, those l LPAs that I mentioned, loan level price adjustments are gonna come up with a margin. Maybe it's 2% over prime or one or whatever it is depending on those things. So I would anticipate a HELOC and second lie position on a primary residence will be anywhere from eight to maybe 10%. More often than not is what you should expect. Interest only open-ended.   Speaker 0 (00:21:24) - And on the second mortgages, whether that takes the form of a HELOC or a HE loan, how long is the initial fixed rate period? Typically   Speaker 3 (00:21:32) - There are hybrids where you can fix in for a year or three years, et cetera. Those are available. I'm not sure that you wanna do that in a high rate environment. You probably wanna avoid any fixed rate right now if you had the option to get into it a couple of years ago, you're looking really good right now because you fixed in at at some ridiculously low rate for a period of two, three, maybe five years. I would tell people listening, fixing in on a HELOC right now is not gonna be your advantage when we believe that rates are gonna start coming down over the next year, et cetera. But for the HE loan, it's fixed for 30 years. Just like a 30 year fixed first lie mortgage, it's fixed, you have it four 30 years, it's amortized, it's closed ended. You're making your regular payments until you pay it off after the 30 year period of time.   Speaker 0 (00:22:13) - We're talking about how you can more efficiently borrow in this environment where people and investors have high equity positions and we have hopefully come off the mortgage rate highs from late last year. You're listening to Get Risk Education. Our guest is Ridge Lending Group President Chaley Ridge Morton, we come back. I'm your host Keith White Hole with JWB Real Estate Capital. Jacksonville Real Estate has outperformed the stock market by 44% over the last 20 years. It's proven to be a more stable asset, especially during recessions. Their vertically integrated strategy has led to 79% more home price appreciation compared to the average Jacksonville investor. Since 2013, JWB is ready to help your money make money, and to make it easy for everyday investors, get started at jw b real estate.com/g rre. That's JWB real estate.com/g R E GRE listeners can't stop talking about their service from Ridge Lending Group and MLS 40 2056. They've provided our tribe with more loans than anyone. They're truly a top lender for beginners and veterans. It's where I go to get my own loans for single family rental property up to four plexes. So start your pre-qualification and you can chat with President Chaley Ridge personally. They'll even deliver your custom plan for growing your real estate portfolio. start@ridgelendinggroup.com.   Speaker 4 (00:23:45) - This is Rich Dad sales advisor, Blair Singer, listen to Get Rich Education with Keith Wine Hold and above all don't quit your daydream.   Speaker 1 (00:24:03) - Welcome   Speaker 0 (00:24:04) - Back to Get Rich Education. We're learning about how to be a savvy borrower with President of Ridge Lending Group, Chaley Ridge and Chaley. One product you have there that's really flexible and has helped out so many people and helped save borrowers tens of thousands of dollars in interest or more is what's called your all in one loan. Tell us about it.   Speaker 3 (00:24:25) - This is a first Lean HeLOCK everyone. I'm such a big fan, it's not for everybody, but for the right individual, I don't know that there is a loan product to rival it. It's got all the flexibility in the world and as Keith said, the mechanics of this and the concept of this arbitrage, it's called Velocity Banking, infinity Banking. If anybody's familiar with those terms, that's what this does. It allows you all the open flexibility to sort of become your own bank where you have this line of credit. It is a first lien line of credit. So let's take a a step back and talk about those low interest rates that everybody has secured over the last couple of years. We were very lucky to have to two and a half, 3% interest rates. And I'm constantly having this conversation and I'm really trying hard to dispel the psychology of you can never do better than that when it's just not the truth.   Speaker 3 (00:25:14) - And mathematically you will be able to figure this out. I'm gonna plug our website here. There is an interactive simulator that will take you to the all-in-one simulator where you can compare your existing fixed first lien mortgage to the All in one and and the input data is very, very simple. No vials of blood here guys, but if the input is accurate, the results page will tell you very clearly if the all-in one will save interest and Trump over the 30 year fixed at two and a half or whatever it is, or if you're fixed rate mortgage is more to your advantage, it will be very clear there'll be no mistaking it from that. I think further conversations will be necessary for those that see some real value in the All In One. I won't go too far down that rabbit hole, it's a little bit more complicated than we probably have time for here. But the first Lean All In one is such a fantastic tool. I really encourage your listeners to go ahead and and check out at the very least the simulator and see how it applies to you.   Speaker 0 (00:26:08) - The all-in one loan operates much like a first lien heloc. I don't think we have time to describe it all. Like you said, you do have the simulator there on your website@ridgelendinggroup.com where one could see if their existing mortgage it compares favorably or unfavorably to the all-in one loan. But as we know with the first lien heloc, therefore one feature of the All in one loan is the option, not obligation, but option of making interest-only payments to keep your payment down.   Speaker 3 (00:26:34) - Yeah, this is where it gets a little bit tricky for some people when we start talking about payments FirstLine Open-ended HeLOCK, where it's called the All In one because you're replacing not only your mortgage with this revolving open-ended heloc, but also a checking and savings account and combining those two elements whereby simple depository income is being used at dollar for dollar driving down principle balance to save in daily interest accrual. I'm gonna give a quick example and then we can move on and, and I encourage everybody to do the simulator email us, let's talk through it. We'll take you by the hand. It's the learning curve's a little intense, it was even for me. But here's an example of velocity of money and kind of how the all-in-one works. So take a 30 year fixed mortgage and a 15 year fixed mortgage. Both of them started at $400,000 each.   Speaker 3 (00:27:22) - You lock the 30 year at 4% and the 15 year was locked at 7%. Without exception, everybody runs to the 30 year at 4%. I would've done the same if I didn't know the math when in fact the reality is is that you will pay $40,000 more on that 4% 30 year than you would on the 7% 15 year because the amount of time that you're paying on that mortgage is greatly reduced. And that's, I guess a, an easy concept. It's a, the first step of trying to define this for most people, they can kind of see it in those terms because they understand the amortized mortgage. It's the amount of time that you are paying interest. So if you're utilizing your depository checking savings and your mortgage and all of that money is going in there month after month before it's going back out the door for whatever your living expenses are. And then whatever's left over is, is stays in there. 24 7 access. Nothing changes about your current banking techniques or or strategies. It's all the same. But now you're in control. You've become your own bank. It's amazing. I can't say enough about it   Speaker 0 (00:28:24) - Talking about the all in one loan there. You sure can learn more from Ridge on that. Jaylee, is there really like anything else that I guess is noteworthy specifically in helping a borrower qualify for income property loans, maybe a common problem or a borrower hurdle that you see in there at Ridge?   Speaker 3 (00:28:43) - I would just boil it down to education. Just lack of information. It's not dear Google stuff. The guidelines and what's available. All of these things are changing on a consistent basis that real-time information's not available to them. So if I had to pick one thing, I would just say education. And I'm very proud to say that we really focus on that. If there's a value add about Ridge, I think there's quite a few. But the one that I think sticks out for most people is the education that we provide to our investors and shining a light and giving them a look under the hood and what they need to know, teaching 'em how to optimize their qualifications and all of the stuff that we've been talking about here today.   Speaker 0 (00:29:19) - Well that's a good point because when we talk about real estate investing, you're really, they're in one of the more dynamic and fast-changing parts of the industry as opposed to something like home construction where a lot of the methods haven't changed for 50 or more years, if you will. So yeah, it's really staying up and staying informed on that and engaging with a lot of the educational resources increasingly that Ridge has for you to help you stay on top of that as an income property bar yourself. And Shaley can tell us a bit more about that shortly. But why don't you tell us about all of the loan types, the mortgage products if you will, that you offer in there.   Speaker 3 (00:29:52) - That's another great value add about us. We have a very diverse menu, if you will, of loan products that don't just start and stop with the conventional. We're not a one size fits all. So we've got the Fannie Freddy's, we talk about that a lot. Our all in one, my favorite. We have a very diverse non QM product line and for those that aren't familiar with that term, QM stands for Qualified Mortgage. Fannie Mae and Freddie Mac are the, uh, epitome the definition of what a qualified mortgage is. There's a whole definition we don't need to go into today, but, so everything outside of that QM is now non qm. And within non qm, like I said, extremely diverse. There's things called the debt service coverage ratio product where we're not showing borrower income, we're just looking at the properties income offset by the new mortgage payment. There's bank statement products. If you can't show tax returns, we're gonna take deposits and average them asset depletion. If you've got large self-directed ira, we can come up with an income calculation for that. The list goes on. We've got commercial products for commercial properties, but also for residential properties. Cross collateralization. It's pretty diverse. We have a lot for everybody.   Speaker 0 (00:30:54) - When you excel in there, you've been such industry leaders at originating income property loans for investors were proportion of your businesses income property loans and what proportion is primary residence loans?   Speaker 3 (00:31:06) - A lot of people don't realize we can do both and we do both very well. But I would say that it's probably 70 30 not owner-occupied. To owner-occupied. A large part of what we do is the investor loans. But most of our investor clients come to us for their primary needs too because we already have their life on file and, and can get that done very competitively   Speaker 0 (00:31:24) - Too. , right? And you keep growing. You're in almost all 50 states now.   Speaker 3 (00:31:27) - I know. Can you believe it? We're in 47 states. We're not in North Dakota, New York, or Vermont, otherwise we're everywhere.   Speaker 0 (00:31:34) - Letter audience know how they can learn about your resources.   Speaker 3 (00:31:37) - There's a couple ways to find us our website, ridge lending group.com. They can email us, info ridge linen group.com. Our toll free is 8 5 5 74 Ridge 8 5 5 7 4 7 4 3 4 3. And while you're on our website gang, uh, check us out on our community. I have a live event every Tuesday, one 30 Pacific, uh, four 30 Eastern. Uh, lots of good information register and it's free. Lots of good information and, and education like we've been talking about here. Hope to see you.   Speaker 0 (00:32:05) - Oh, it's been a terrific and crucial mortgage market update. Chaley Ridge, thanks so much for coming back into the   Speaker 3 (00:32:11) - Show. Thank you. Appreciate it.   Speaker 0 (00:32:18) - Oh yeah, lots of good concise information there from Chaley. It's a type of content that can have you hitting the rewind button on your pod catcher at times. All right, so we learned that in a lot of scenarios there. Second, mortgages come with rather high interest rates that is prohibitive. But then on the other side, it's encouraging to learn, learn that on primary residences, for example, you can get up to 90% loaned value. That means you only need to keep 10% equity in your home. And as far as that all in one loan simulator, we'll put a link directly to that in the show notes for you. But like Chaley said, you might wanna reach out to them@ridgegroup.com and then they can help walk you through it. Thank you to Caeli for the generous contribution to your learning today. Until next week, I'm your host, Keith Weinhold. Don't quit your daydream.   Speaker 5 (00:33:15) - 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 on 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 L l C exclusively.   Speaker 6 (00:33:43) - The preceding program was brought to you by your home for Wealth building. Get rich education.com.

It's no secret that rental income properties are the investment of choice for some of the wealthiest Americans, but many investors focus solely on the alluring cash on cash returns from day one. This tunnel vision often leads to disappointment when the reality doesn't quite match the dream. But what if we told you there's a whole new way to think about rental property profits that most investors are overlooking? A way that could transform your investment strategy and unlock the true wealth-building power of your rental properties!That's what Gregg Cohen, co-founder of JWB Real Estate Capital is here to show you on the next episode of the Not Your Average Investor Show!He'll dive deep into:- The surprising truth about rental property cash flow and how it accelerates over time- Why cash on cash returns are just the tip of the iceberg when it comes to rental property profits- How to finally explain this to your spouse, parents, and friends that just don't understand the value of rental properties- Much more!Don't miss this game-changing episode of the Not Your Average Investor Show. Reserve your spot now, and unlock the wealth-building secrets that most investors will never know. This is your opportunity to truly understand rental property investing and become part of the elite group of investors who refuse to settle for average returns. -----------------------------------------------------------------------------------------------

Keith Weinhold answers listener questions about real estate investing.  He advises listeners on how many properties they need to own to become a millionaire, how to invest $40,000 to reach a $100,000 down payment for a rental property, and how to find the best future real estate markets.  Keith emphasizes the importance of positive cash flow, avoiding over-leveraging, and owning properties in multiple job growth markets and states.  He also discusses the potential for hyperinflation and the benefits of owning real assets to combat inflation.  Keith encourages listeners to leave a rating and review for the podcast and consult with professionals for individualized advice. **Taylor's question [00:01:07]** How many properties must I own to become a millionaire? Keith explains that it depends on the profitability of the properties, how much they go up in value, and how much rent is charged.  **Mitrel's question [00:05:04]** Should I invest my $40,000 in the stock market to reach my $100,000 down payment goal for a rental property? Keith advises on risk tolerance and suggests alternative options such as I bonds. **Kevin's question [00:09:08]** What are the forward-looking indicators to find the best future real estate markets? Keith talks about the prospect of hyperinflation and provides insights on finding the best real estate markets. **Forward Looking Indicators for Real Estate Markets [00:09:16]** Keith answers Kevin's question about selecting MSAs with forward-looking indicators, including population growth, employment, and upcoming government infrastructure projects. **Sponsor Ads [00:15:45]** Keith thanks Ridge Lending Group, JWB Real Estate Capital, and Mid-South Home Buyers for sponsoring the show. **House Hacking in Southern California [00:18:03]** Keith advises Connor on whether to invest in an out-of-state rental or house hack in Southern California, considering high real estate prices, tax rates, and tenant protection laws. **Real Estate Financing Options [00:19:03]** Keith discusses financing options for single-family homes and fourplexes, including FHA and VA loans, and the advantages and disadvantages of house hacking in Southern California versus investing out-of-state. **Hyperinflation and the US Economy [00:21:40]** Keith addresses a listener's question about the possibility of hyperinflation in the US economy, defining hyperinflation and discussing the factors that contribute to it, including a nation's debt and foreign demand for its currency. **Leverage in Real Estate Investing [00:25:00]** Keith answers a listener's question about being over-leveraged in real estate investing, explaining the risks of taking on too much debt and emphasizing the importance of buying properties that are cash flow positive. **Real Estate Investing Strategies [00:28:00]** Keith explains how to avoid over-leveraging and how to project positive cash flow from day one. **Benefits of High Leverage [00:29:09]** Keith explains how high leverage can help you build wealth faster and why it's best to finance your properties. **Encouragement to Leave a Podcast Review [00:30:07]** Keith encourages listeners to leave a podcast review and explains how it helps the show reach more people. **Disclaimer [00:31:32]** A disclaimer is given that nothing on the show should be considered specific personal or professional advice. Resources mentioned:  Show Notes: www.GetRichEducation.com/445 I-Bonds: https://www.treasurydirect.gov/savings-bonds/i-bonds/ Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Find cash-flowing Jacksonville property at: www.JWBrealestate.com/GRE Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com 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 Keith's personal Instagram: @keithweinhold   Welcome to GRE! I'm your host, Keith Weinhold. I answer your listener questions today.    A 12-year-old listener asks, how many properties must I own to become a millionaire?  Another asks, “Should my first property be a house hack or an out-of-state rental”?    One question is about the imminent prospect of HYPERinflation.   Also, “What are FORWARD-looking indicators to find the best future RE markets?” Those questions and more questions all answered, today, on Get Rich Education! ___________   Hey, welcome in to GRE. I'm your host and Founder, in fact, of this very show… and all Get Rich Education platforms, a 20-year REI and Active Member of the Forbes Real Estate Council. My name is Keith Weinhold. Ya probably know that by now.   This is Episode 445 of Get Rich Education.   When I do these listener question episodes, I generally begin with some of the more basic questions.   Today's first question comes from Taylor in Wooster, Ohio. Taylor is age 12 and he simply asks:   How many properties must I own to become a millionaire?   Well, thanks for that, Taylor. I don't often get questions from a 12-year-old.    I love that you're listening and the fact that you ARE greatly increases the chances of you building wealth when you're an adult, yet young enough to enjoy it.   Like a lot of questions in real estate, the answer to how many properties you must own to become a millionaire “depends”.   It depends on how profitable your properties are - how much they go up in value and how much you're getting from the rents that you charge the tenants, how long you do a good job of keeping them as tenants, as well as how capable you are of controlling your property's expenses.   So, you could own as little as just ONE property and be a millionaire, Taylor.   Owning MORE properties is better than owning fewer properties. That way, if you have one that isn't profitable, you'll have profits from your others.     And you can own more properties when you can use part of your OWN money & part the bank's money… in owning the property.   Now, Taylor, if you have one million dollars, say, you had a million bucks in stacks stuffed in your closet, you need to understand that that is not enough.    You're 12 years old now. You might live another 80 years. Then you'd need that million to last you 80 years.    Even a 50-year-old with a million dollar stack of dollars bills in their closet would not have enough money to live on for the rest of their life.   You might need closer to 10 million dollars. That's called a decamillionaire. So think about setting your net worth target higher. Think, “How can I be a decamillionaire?”   But actually, you don't just want to think about the height of your stack of dollar bills reaching any certain number of millions ONLY. It matters. But what matters more is how fast your stacks are GROWING.   That's called cash flow. If your stacks are growing at a rate every year that exceeds all of your expenses, you are financially-free. That's why it beats being debt-free.   Another thing, Taylor, I know that your hometown of Wooster, Ohio is between Columbus and Akron so - though I'm not familiar with Wooster - but I do know its the county seat of Wayne County -    …you do tend to have markets nearby that can create CF really well - that's that ability to GROW your cash stacks, hopefully to a height of 10 million someday.    Thanks for your question, Taylor.   You know, it warms my heart to know that kids listen to the show. I remember shortly after launching the show in 2014 that a Dad & son from New Jersey wrote in and told us that they look forward to listening to the show together every week.    I like to do that family-friendly show, from Day 1. A clean lyrics show since inception.   I like to keep it classy. I like to make that show that would make my late Grandma Weinhold proud - though I don't think she ever knew how to listen to this show.   That's part of my brand… and it warms my heart to see children in the audience.  ______________   The next question comes from Mitrel. I don't know where Mitrel is from, because some questions come in on our YouTube Channel, but he says…   I have a good job and $40,000 in savings, expect an upcoming BOOM in real estate and need $100,000 for a down payment.    Does it make sense to gamble my $40K in the high risk stock market to get up to the $100K sooner and capitalize on the RE purchase?   If I lose the $40K, I'll recover it in time with my job anyway over time.   If I win & get it to $100K, I'll have my income property and be off to the races with leverage and Real Estate Pays 5 Ways.   If I simply tried to preserve the $40K in a savings account, I'd lose to inflation anyway.   That's his question. Alright, Mitrel. You've got $40K, want to get to $100K for your down payment on some rental property.    Now, we have properties at GRE Marketplace where $30 or $35K is enough to get started… but with your $100K down payment goal, I sense that you might have a specific purchase in mind.   Of course, it's about getting a 20-25% down payment + 4% CCs  - as a percent of your purchase price - and you'll want to hold some reserves.   Well, to get your cash stash from $40K up to $100K, it has to do with your risk tolerance.   It sounds like you're open to risk with putting it in the stock market short-term to try to reach your goal faster.   So, yeah. You would probably want to do that OUTSIDE of a retirement account since they generally have early withdrawal penalties.   In a savings account, yes, you're aware that with true inflation, that would just debase your savings' purchasing power.   If you're open to risk, I guess one could get in & out of crypto at just the right time - if you do that, I'd choose bitcoin.   But you know, whether you go with risky stocks or risky bitcoin, the problem with that is that you have to get your timing right twice.   Ideally, whether it's a Russell 2000 Index Fund or Apple Stock or Ethereum, you want to buy close to a near-term low and then sell close to a near-term high.   That is more difficult to do than it sounds, and it's just one reason that stock, ETF, and mutual fund investors don't build wealth.    One other thing I'll mention as you're trying to patch together your first RE down payment is I-bonds. They currently pay a guaranteed 7%.    The way they work is that the interest rate they pay you is the CPI Inflation rate plus a fixed rate on top of that.   You can get I-bonds at TreasuryDirect.gov   But there is a $10,000 annual limit that you can put into I-bonds.    Another disadvantage is that I bonds can't be purchased and held in a traditional or Roth IRA, Mitrel. The I- bonds have to be held in a taxable account.    But that might work for you in this case, Mitrel, since it's a shorter-term hold, hopefully it's shorter-term anyway, until you've built up your $100K cash to get your RE and get off to the races, hopefully getting paid 5 ways.   Another disadvantage of I bonds is there is an interest penalty if they're redeemed for cash in the first five years. They knock off 3 months of your earned interest.   I hope that you found at last one insight on those options that helps you out, Mitrel.  ________________   The next question comes from Kevin. He asked this one quite a while ago.   [Listener question played]   3) What are the forward-looking indicators to select MSAs? He typically looks at population growth and employment.    That is a rather astute question, Kevin. Yes, you're looking at some of the right measures for the tide that floats a RE market up.    First, we want to think about landlord-friendly states. Yes, the MW & South has a preponderance of them. But there are some outliers. You'll also find pretty favorable eviction processes for LLs in PA, TX and AZ.   When it comes to forward-looking RE indicators and their sources, first, let me give you two resources that most everyone knows about, then we'll drill deeper.  The NAR publishes forecasts for home sales, prices, and other market trends. Their reports give you future RE market insight at both the national and local level. Zillow offers forecasts too on the housing market, including home values, rents, and other market indicators. Now, one indicator and one place that a lot of people don't know where to look, Kevin, is your ability to discover upcoming government infrastructure programs. Think about learning where the next new highway intersection or highway interchange will be built. Or perhaps it's a new seaport expansion project or a new bridge that is going to be built in 5 years. There are a lot of places where you can find out that information ahead of time, and unlike stock investing, it's completely legal - totally alright - to learn about this ahead of time.  Get a heads up on where the next bridge is going to be built and how that can make nearby property values rise - that's not considered illegal insider information. You can check the websites of government agencies responsible for upcoming infrastructure development in your target state or region.  That area's, say, Department Of Transportation makes this public so that contractors can engage in the bidding process for major infrastructure projects. These are known as government PROCUREMENT websites. For example, in Illinois, that's under an Illinois.gov website. Those sources can be kinda wonky & dry, but putting in the work over there can help you see the future. Now, major news outlets, and just regular, old school, legacy media television channels like good ol' WPHL in Philadelphia or KMSP Minneapolis or anywhere, they often report on upcoming projects and government initiatives, like an airport expansion. Now, if you happen to LIVE in an investor-advantaged area, Kevin, well and you do, Dayton, Ohio. Joining an “in real life” industry association that focuses on infrastructure development can really give you direction & foresight and you'll grow your network too. That'll give you access to upcoming projects - as will attending public meetings like town hall meetings. And then finally, the US Census Bureau and other sources make all kinds of population projections. That helps you see the future.    And hey, you might as well use the Census' resources since your tax dollars are paying for it.   And those industry associations and public meetings often use & apply those population projections to upcoming major projects.   So, there's more, but that's a good bit there. I hope that helps you, Kevin.    Today, I am bringing you the show from Anchorage, Alaska.   Next week, it'll be from Las Vegas, Nevada.   And in two weeks, I'll be bringing you the show from Phoenix, Arizona.   So, Anchorage, Las Vegas, and Phoenix. That is the largest city in the 49th, 36th, and 48th states admitted to the union respectively.    Only a remorseless geography nerd like me would break it down that way, wouldn't I?   Yes, we'll be constructing makeshift, mobile GRE recording studios coming up.   If you've got a question that you'd like me to answer, go to GetRichEducation.com/Contact. That's where you can either write a message, or leave a voice message listener question - like Kevin did.   I answer more of your listener questions next. I'm KW. You're listening to Episode 445 of Get Rich Education. ____________   Welcome back to Get Rich Education. I'm your host, Keith Weinhold, grateful to have you here.   Before we return to your listener questions… thanks to this week's sponsors. They support us so, please, consider supporting them.   That is Ridge Lending Group. Consider YOUR next mortgage loan for income property there and see the difference that a lender that works specifically with investors like you… can make.    They serve almost all 50 states. That's President Caeli Ridge & all the good-looking people over there at RidgeLendingGroup.com   Then there's JWB Real Estate Capital. Income property specialists that provide you with the actual investor-advantaged real estate that you can buy in bustling, fast-growing Jacksonville.  That's all-around good guy Gregg Cohen & the team at JWB. They always have good hair days over there.    They really make it easy for you. Find your next cash flow property at JWBRealEstate.com/GRE   Finally, there's Mid South Home Buyers, providing you some of the best rent ratios in the entire South in Memphis and Little Rock.    They've got the service that you've been raving about for years now.    That's Terry Kerr, Liz Brody and all the fine peeps over there at MidSouth that shake your hand, look you in the eye, have a symmetrical smile, and even regularly recite your first name mid-sentence for ya. (Ha!)   Get started at MidSouthHomeBuyers.com   I have been inside the physical offices of all 3 of those sponsors that I just mentioned.   If your company is interested in advertising on GRE, let us know. We'd like to check you out first. Just like listener questions, you can also indicate that on the same page. Let us know at GetRichEducation.com/Contact You'll see the “Advertising Inquiry” area there.   Conner asked me a question. “Keith, absolutely love your videos. I live in expensive Southern California (Orange County). Would you recommend my first property be a primary that I house hack or invest in an out-of-state rental?” Thanks, Connor.   OK, Connor. Well, there's a lot to consider.   Let's look at the Socal househack.   As you're surely already aware, real estate prices and tax rates are both very high in California.    California also has a Tenant Protection Act enacted in 2019 that puts strict eviction laws into place. You might have rent control there too.   Now, as a SoCal househacker, that could, of course, take the form of buying one big SFH where you live in one of the rooms and rent out the other rooms.   The younger you are, the more likely it is that you're tolerant of living with roommates. If you want to stay alone or with your spouse or whatever & want privacy, then you'll househack a duplex, triplex, or fourplex.   Any one of those, SFH up to 4-plex, you can use an FHA loan on and pay just 3.5% down, or VA loan if you have VA benefits and pay 0% down. With either of those low down payment programs, you must live ON-SITE, usually for at least a year.   FHA recently approved 40-year mortgage loans and they will roll out next month. Yes!   In Orange County, CA, with really high prices, it might take a fixer-upper type home to make it affordable. If you aren't handy, that's a disadvantage on the house hack.   Socal is simply one of the most DISadvantaged places in the nation for long-term rental property, though there are still ways to make it work.   Then, if you go out of state, you can make it really passive. It won't be a more active business like it would there for ya in Orange County.   Now, the downside of buying an out-of-state rental, like through GRE Marketplace, is that it's going to take a 20 to 25% down payment.   But you can still find respectable properties in safe neighborhoods, in say, Memphis for as little as $100K to $120K. That means you might not have to come out of pocket for much more than you would a SoCal rental with it's lower PERCENT down payment.   And, of course, the big advantages of the out-of-state rental are low purchase prices, high rents, advantageous LL-tenant law, your property is already renovated or brand new, and it is turnkey PMed if you so choose.   That's exactly why a lot of people are choosing out-of-state properties at GREMarketplace.    Those are some of the major trade-offs, Connor. Thanks for the question.   The next question comes from Jesse in Reno, Nevada.   “With high inflation for two years and cyclical trends entrenched, more nations making foreign trade deals outside of the dollar, and the Treasury printing dollars like mad, I cannot believe the price for a shopping cart full of groceries at Safeway any more. Are we headed for a hyperinflationary period within the next decade?”   Well, that's an interesting question, Jesse. Inflation is an awful malady that disproportionately affects the lower classes more than the upper classes.   But do I believe that there's any significant chance of hyperinflation in the next decade, Jesse? Let me answer that.   Now, first of all, a lot of people - not necessarily you, Jesse - but a lot of people throw around the term “hyperinflation” without really knowing what it means at all.    A consensus of economists define HYPERinflation as an inflation rate of 50% or more every month. Yes, month.    With compounding, that would be inflation of more than 600% per year, not the… closer to 6% CPI inflation that we've had lately.   We could very well have longer-term waves of RECURRING inflation.   In America, our debt-to-GDP ratio is high. It's about 120% right now. Back in 1990, it was just 55%.   Now our debt-to-GDP ratio also hit 120% back in the 1940s, but that was as a result of us having to pay for WWII. And the productivity of the 1950s quickly brought the ratio down.   Here's the problem. Today's 120% is not due to war; it's due to all these politicians' various accumulated promises over time.    That includes CONTINUOUS military spending.   And you know, historically, every fiat currency ends with the END of that currency. Every single one goes to die. The British pound is the world's OLDEST currency in use today.   But to get hyperinflation, it generally takes two key factors:   First, a nation needs to have debts denominated in a currency that that nation can't print.    Now, for emerging markets, its often dollar-based debt that they have and those nations can't print dollars.    100 years ago, Weimar Germany had gold-based war reparations. That was their problem.    You cannot print gold, so they printed MASSIVE amounts of their currency. In more modern times, Venezuela and Zimbabwe experienced hyperinflation.   The second key reason hyperinflation occurs is when there's no foreign demand for your currency… so you hyperinflate it.   So, to create hyperinflation, it takes a tremendous amount of printing… plus no demand for that currency.    The US still has foreign demand for our dollar and there's a lot of debt denominated in the dollar globally. That represents demand for it.   Since the US can print its own currency, we're not very likely to default on our total of $32T debt at all.    We're motivated to let inflation keep running, at whatever fluctuating rate, Jesse.   So to answer your question, Jesse, no. No hyperinflation in the US in the next decade.   And as far as the prolonged elevated inflation that we're having, as a listener, I think you know how to beat that by now. Own real assets.  If you own a house, have a 30-year mortgage. Don't have it “paid off”. You need a mortgage to benefit most. Thanks for the question, Jesse.   Our last question comes from Zack in Claremore, Oklahoma. Zack asks:   Keith, is there such a thing as being “OVER leveraged?” Would you finance everything you can as long as you can create arbitrage?   Great question, Zack. The short answer is, “Yes, I would. I would finance everything up as much as I could without being overleveraged.”   Now, what “overleveraged” means IN GENERAL - out in the larger business world is that you've borrowed too much money in relation to your ability to pay it back.   In real estate, being overleveraged means that you take on so much debt that you can't make your monthly payments on your principal, interest, and operating expenses.   As long as my properties are cash flow positive, even by a little margin, I have found no limit as to how much I would finance, Zack.   Let me use an example. Say that you buy a rental duplex with $4,000 of monthly rent income. Your mortgage and all of your long-term operating expenses are $5,000, leaving you with a NEGATIVE cash flow hole of $1,000 every month.    A $1,000 per month hole is a $12,000 each year hole that you've dug.    If you're financially precarious elsewhere, that can be a difficult hole to fill in and you could descend into delinquency when you miss your first payment, then deeper into foreclosure when you're several months behind, then the bank takes over your property.    You lose your property, lose your credit score, and lose the ability to get new loans for years. You were overleveraged.   You've borrowed too much money in relation to your ability to pay it back since your rent income was $4,000 and expenses were $5,000.   Well, when you buy right, that's not likely to happen. First of all, your mortgage loan underwriter is going to check that you have enough income and enough reserves to meet their qualification standards before you can get the mortgage in the first place.    That's a check against becoming overleveraged, yet things could still go wrong.   For one thing, with FHA loans, your debt-to-income ratio can be an eye-popping maximum of 57% and you can still qualify for the loan.   But you're usually going to be buying your out-of-state rental property with a CONVENTIONAL loan.   Now, INSTEAD of becoming overleveraged, you would buy in the opposite scenario, projecting positive cash flow from day one.   On your duplex instead, if you had just $4,200 of rent income and $4,000 of expenses, you've got just $200 of cash flow, but that is a cushion.   And like I've described on previous episodes, historically your rent income rises faster than your expenses since your mortgage P & I payment stays fixed.   That's why, over time, you often widen that delta from +$200 cash flow so that it just keeps widening to a greater & greater cushion.   So, to review, you're unlikely to find yourself overleveraged if your income exceeds your expenses on day 1, when you have predominantly FIXED RATE LOANS…   … and then another measure of protection is when you own properties in multiple job growth markets - in multiple STATES even - you're better protected against any changes in the law or regulations or changes in that region's economy or even any detrimental disruption to your PM in each of your chosen investment areas.   I dislike overleverage. But I do like HIGH leverage. Because leverage makes compound interest feel really slow.    It is best to FINANCE your properties, even though mortgage rates aren't as low as they were two years ago.    Look at it this way. With 20% down, you could buy five financed properties instead of one all-cash. Over time, five properties appreciating will build you more wealth than one appreciating.   If the properties don't cash flow with 20% down, then get three with 33% down on each. That'll accelerate your wealth-building & help you control the mortgage.   Then… if rates go down, you can still refinance. If rates don't go down, you'll be glad that you bought multiple properties instead of one.   Thanks for the question, Zack.   I hope you enjoyed listener questions today. I hadn't done them for a while. If you did, please, go ahead and tell a friend about the show.   Also, if you've ever wanted to tell me what you think about the show… there's a great way for you to do that & I will see it and read it myself.    You know, I recently learned that in Apple Podcasts Germany, we only have 3 podcast reviews in that entire nation on that platform.    And that prompted me to ask you - whatever nation you're in, to please, you don't have to, but if you'd be so kind, leave a podcast review.    When you do that, it not only helps our show reach more people, but, I do actually read your review of the show, so I get that feedback.   So if you like what I'm doing here, I'd be grateful if you went ahead, and whatever your podcast platform is…   …Google “how to leave an Apple podcasts review” or “how to leave a Spotify review” and go ahead an do that - leave a rating & review for the Get Rich Education podcast and I'd be grateful.    I hope you found one or more listener questions today that really relate to you or your interests, or YOUR unlimited wealth-building potential. Thanks in advance for telling a friend about the show, and for your rating & review.   Until next week, I'm your host, Keith Weinhold. Don't Quit Your Daydream.  

Join us for JWB's Q1 2023 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• JWB's 2023 outlook on housing prices and rents in Jacksonville• What is different about the Jacksonville real estate market and economy from the national headlines• Why JWB's company KPI's show strength going into a recessionYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. Hope to see you there!---------------------------------------------------------------------------------------------------

The average investor will just sit here and white knuckle the economic downturn in the asset classes they already have.  The above average investor will likely look outside of their usual asset class for others that will outperform their usual investments.But a great investor will also look at macroeconomic forces and hidden opportunities that will shine a light on sectors that will outperform WITHIN the actual asset class.So we're doing just that on this week's show!Gregg Cohen, co-founder of JWB Real Estate Capital, will break down:- what you should expect for your investments to do for you in a downturn- how macroeconomic factors shift during a recession- where to put put your money to capitalize on the combination of recession, inflation, and the post-COVID adjustment You won't want miss this week's show!---------------------------------------------------------------------------------------------------------

Given the elevated level of publicity that happens when you get written about in the best selling marketing book on Amazon right now (Belonging To The Brand, by Mark Schaefer), we wanted to give you an inside look into the story about the first community we built and how it happened.But instead of just telling you about it, we wanted to find a better way.That's why we are publishing the never heard before interview that Lemonpie did with me in order to plan a podcast tour around our the client that we built the $40M+ podcast community for, JWB Real Estate Capital.This conversation is packed with value about:- how we built this community and what made it successful- what made it work so well for JWB (SPOILER ALERT: you will want to run your business how they do it)- why investing in networking and content creation is parallel to growing a healthy real estate or stock portfolio- BONUS: Josh is amazing at pulling out qualitative data he can use to position a great story through his interview style. Learn from it.- and much much more!If you finish this podcast thinking that you also found a hidden investing tip that you want to explore, I don't blame you.  That's why I've invested with JWB too.  You can check out their community at NYAIS.com But I also suggest you:- connect with Josh on LinkedIn.  Super bright guy with a great future.- check out how Lemonpie does their podcast PR tours.  It's impressive.Connect with ME!Online at:LinkedIn or Instagram.Support the show

Join us for JWB's Q4 2022 Jacksonville Real Estate Market Update.  We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:•JWB's 2023 outlook on housing prices and rents in Jacksonville•What is different about the Jacksonville real estate market and economy from the national headlines•Why JWB's company KPI's show strength going into a recessionYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.  Hope to see you there!------------------------------------------------------------------------------------------------------------------

If you enjoyed this episode, or are enjoying the Scalable REI show overall, show your support by buying the Scalable REI team a cup of coffee: https://www.buymeacoffee.com/scalablereiPablo Gonzalez used to believe investing in real estate was impossible for someone like him - but then he met the team at JWB Real Estate Capital and everything changed. Operating as a vertically integrated real estate investment company focused on a single market, Jacksonville, FL, JWB's promise to both their clients AND their community was unlike anything Pablo had ever encountered.Before long, not only was he one of JWB's most passionate investors, he also began co-hosting the Not Your Average Investor Show with JWB's CEO Gregg Cohen. Most recently he even cashed out part of his IRA early to invest in his third rental property after witnessing how smart debt allowed him to earn better risk-adjusted returns than his previous investments in the stock market! Needless to say Pablo's all-in, and he's got the first-hand results to prove that investing in Jacksonville leads to positive cash flow and tremendous upside potential.Helpful Links:https://jwbmakesiteasy.com/ Best Way to Contact Pablo:https://www.linkedin.com/in/pablotheconnector/ BEST CRM THAT WE USE: Looking for the best all-in-one CRM to scale your real estate investing business? Use the link below to sign up today: https://www.gohighlevel.com/main-page?fp_ref=scalable-reiBEST PHONE SYSTEM THAT WE USE: Looking for an optimal online phone system that can forward to your cell phone, directly integrate to your CRM, and be leveraged for your remote virtual assistant team? If so, use this link to save $20 today when you open a new account: https://openph.one/referral/NpnZPxX VPN THAT WE USE: Need a VPN for your overseas VA to access certain websites? Get your first month for free by using this link here: https://ref.nordvpn.com/kVZShqLwaiG COFFEE!!! If you feel this episode provided a ton of value, show your support by buying us a cup of coffee: https://www.buymeacoffee.com/scalablereiLET'S DO SOME DEALS!!! Contact Mason to JV/partner on deals or passively invest by either emailing him at mason@scalablerei.comSchedule a call with Mason by using this link here: https://calendly.com/mason-klement/30minFollow Mason on Instagram to learn additional real estate investing tips and tricks: https://www.instagram.com/mason_klement_scalablerei/NOTE: This description might contain affiliate links, which may pay our podcast a commission at absolutely zero cost to you.  Any commissions go toward the cost of producing each episode so we really appreciate your support.  In addition, depending on the vendor, you actually might even save money by using these links that you wouldn't have access to if you went directly to the vendor's website. 

Last week, Jamie Dimon, CEO of JPMorgan Chase warned the world- there are major troubles for the US economy ahead, and there is a recession coming in the next 6 to 8 months,But what could be worse than 20% drop in the market and raging inflation, and how can we protect ourselves??That's why we're going to break down what Jamie is talking about on the next edition of Not Your Average Insights.This is our new favorite content pillar where Gregg Cohen, co-founder of JWB Real Estate Capital, and Pablo bounce around different topics, sharing non-obvious observations that you'll want to hear.This week, they'll talk about:- what Mr. Dimon is looking at that worries him so much- why the Consumer Pricing Index (how our economy measures inflation) is worse than it looks- how the media is falsely portraying housing data nationwide- and anything else our community will bring to the table!Join us to be part of a conversation that is anything but average!------------------------------------------------------------------------------------------------------------------

Over the past two years, today's guest has acquired 19 city blocks in Jacksonville, Florida's urban center with the goal of creating a thriving, walkable downtown.  Why? Because by helping make Jacksonville a place where people want to live and work, Gregg Cohen and his team at JWB Real Estate Capital hope to raise the median income city-wide. This benefits everyone who lives there, and in turn, helps his investors increase their return on investment. Today we're going to learn more about Gregg's strategy of building neighborhoods, investing in the city he loves, and why he's bucking the trend of buying across multiple markets. We'll also discuss the dynamics that help create a successful downtown, such as the public-private partnership, tax incentives, and avoiding the NIMBY buzzsaw. This is an excellent episode about placemaking and what it takes to create a thriving downtown community. You can find out more about Gregg through the following means: JWB website: jwbrealestatecapital.com JWB Facebook Group: jwbfacebookgroup.com JWB Facebook Business Page: facebook.com/CashFlowProperties JWB YouTube: youtube.com/c/JWBRealEstateCapitalJacksonville JWB Twitter: twitter.com/jwbcompanies Gregg's LinkedIn: linkedin.com/in/gcohen31/ Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com

Join us for JWB's Q3 2022 Jacksonville Real Estate Market Update. We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:• The recession myth - how housing prices really perform during times of economic uncertainty• JWB's most recent key performing indicators• Insider information on how you can lower your interest rate up to .25% on new purchasesYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market. Hope to see you there!------------------------------------------------------------------------------------------------------------------

Another inspiring conversation on the Zero to 5000 Podcast today.   We were joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital   We discussed: - Risk of being miserable versus risk of failure which is worse? - The balance of the 80 - 20 rule and what it truly means - Soul points, and leaning into what is working - Not getting distracted by the next shiny new thing.... idea Thanks for Listening. Be sure to join our monthly email. One life-changing email to help you with your mindset, your methods, and your mission each month. https://zeroto5000.com/botw

Gregg Cohen is the founding partner of JWB Real Estate Capital, they serve over 1,300 clients and manage over 4,300 rental properties, helping professionals invest in real estate in Jacksonville, FL. He is passionate about making real estate investment a positive, and some times completely hands off, experience for his clients. Armed with his own podcast, you can tell Gregg is not only really good at his job, he loves it, and Jacksonville. Along with the value JWB brings to the market in Jacksonville, Gregg is active in the community, building homes for vets, and his organization JWB Cares that creates affordable housing opportunities. You can find Gregg Cohen here: https://www.jwbrealestatecapital.com/ https://www.jwbrealestatecapital.com/nyai-show/ https://jwbcares.org/ --- Send in a voice message: https://anchor.fm/yieldcoach/message

In this episode of Cash Flow Pro, we talk with Pablo Gonzalez, the official hype man for JWB Real Estate Capital. Pablo is a globe trotter passionate about creating relationships that you can leverage into more excellent value for both parties. From green building to marketing and his podcast, Pablo is here to tell us about his experience as a “hype man” and how he has grown his business by cultivating the right relationships. Not Your Average Investor Show is a talk show that takes viewers through all aspects of building generational wealth. They do this through alternative asset classes, focusing on rental income properties—hosted by Gregg Cohen, Co-Founder of JWB Companies & Pablo Gonzalez.     In this episode, we discuss: Being overinformed and its consequences Diversification of knowledge, access, and skills Leading with value Community building Tune in on this episode to find out more!   Find your flow, Casey Brown   Resources mentioned in this podcast: NYAIS.com https://www.linkedin.com/in/pablotheconnector/    

Join us for JWB's Q2 2022 Jacksonville Real Estate Market Update.  We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:•GC's vision of the short and long term future of the market•Insider numbers of Jacksonville's real estate•JWB's most recent key performing indicators & big initiativesYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.  Hope to see you there!-------------------------------------------------------------------------------------------------------------------

As a founding partner of JWB Real Estate Capital, Gregg Cohen has seen the company grow from humble beginnings to serving over 550 clients worldwide with total assets under management of over $250 million. Gregg's recipe for success in business includes a belief that whatever is measured gets improved and a true passion for creating passive income for clients. He and his team have been featured in The Wall Street Journal, Inc. Magazine, The Jacksonville Business Journal, The Florida Times-Union, Advantage Business Magazine, and Entrepreneur Anchor Magazine. Gregg is a graduate of the University of Florida and contributes to the JWB Real Estate Capital blog and its Facebook group connecting with the community by sharing insights. Rental properties can be a great source of additional income, but committing to that first one can be intimidating. In this episode, join Gregg Cohen, as he talks on the subject of passive income and rental properties. He discusses the strategies for taking advantage of secondary income through real estate, the pros and cons of turnkey solutions, and how vertically integrated companies can produce great results for investors. A great episode to learn from if you're looking to get into investing in rental properties. Episode Links: http://jwbrealestate.com/ https://www.jwbpropertymanagement.com/nyai-show/ -- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: What's going on everyone? Welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum, and today I'm joined by Gregg Cohen, who's the founder of JWB real estate capital and he's gonna be talking to us today about vertically integrated companies, turnkey solutions, and what investors should be aware of when it comes to investing in the Florida market. So let's get into it.   Gregg Cohen, welcome to the show man, thank you so much for taking the time to hang out with me really appreciate it.   Gregg: Absolutely can't wait, man.   Michael: I'm really excited because you've got a really interesting story and background. But for anyone who doesn't know, give us the quick spiel who you are, where you come from, what it is, you're doing real estate.   Gregg: Yeah, absolutely. So my name is Gregg Cohen, I run a company here in Jacksonville, Florida, called JWB real estate capital. We're here to make rental property investing easy for the masses out there, which, you know, most people see rental property investing as an opportunity to make money to make a great return on investment. That's not usually what holds people back from it. What's usually the thing that holds people back is the experience when it comes to rental property investing. So we really built our business to make this a wonderful experience. It keeps people coming back to be able to take advantage of an asset class here, which, you know, historically has performed so well, and especially for what our country has been through over the last couple of years, has performed incredibly well. And I just think that there's real value for families and communities, when you can invest in a stable asset class that performs well over time. You can do some really great things for your family, for the community for the world.   Michael: Totally agree. Just out of curiosity, what is JWB stand for, where does it come from?   Gregg: Oh, man, how far do you want me to take you down this path? We've been in business for 16 years and like any other entrepreneur, we didn't know exactly what we were doing when we started right. You know, we started our business. Man, I could just I could just talk for a lot of stories about my business partner is one of my best friends. We went to college together and we lived in a house with a lot of our friends in college and we just nicknamed that house, the huse. Literally, it makes no sense. We call it the who's why I don't know why. So when we first named our company, we were like, oh, we're 23 What should we name our real estate investment company? Let's call it whose homes and investments? Makes no sense at all.   All right, so that company, it still is our holding company, we own a large number of rental properties, and it's still in whose homes and investments. But over time that name clearly did not stick did not, you know share what we were hoping to accomplish in the world. We started to market ourselves under the name of Jacksonville wealth builders and that was really when we kind of hit our stride as far as creating these turnkey rental property investments and packaging the Property Management Services here in house and Jacksonville. Jacksonville wealth builders really talked about what we do but you know, we're a vertically integrated company and that means that we have everything under one roof acquisitions, property management construction. It is all here under one roof and so we had Jacksonville wealth builders as a company but another name for our company. Our home buying company was progress homebuyers and then there was peace of mind property management as we became bigger and started to develop a reputation in the community people would say oh, I really love that company. Jacksonville wealth builders. Have you heard about those guys over at progress homebuyers? I really haven't done too much business with them yet or Jacksonville wealth builders is great, but peace of mind property management, I don't know them so well.   So eventually, we realized you know, how to actually appropriately name a company and that became under the JWB brand, which is now JWB real estate, capital JWB property management, JWB homebuyers. So JWB actually would stand for Jacksonville wealth builders, we just condensed it and made a little bit more user friendly for everybody realized you're there, who they were doing business with.   Michael: Love it and the whose story so I feel like so many people have similar college experiences or stories like yeah, it was a, we were geniuses at the time and looking back at like, what were we thinking?   Gregg: You know, we just weren't thinking very much. It's a credit though, because my business partner and I now have three business partners. You know, in the beginning, we just wanted to get out there and try to do something weren't afraid of failing. I think you can clearly see that by the way that we named our companies we weren't afraid of failing and so many investors out there just get paralysis by analysis, paralysis, and they can't move forward, right? Just name your company something you can't possibly screw it up any worse than I did and, you know, there are so many more important challenges to overcome and then simple things like that.   Michael: So it's funny, my wife actually works for a company that has a very similar story. When he started it, he didn't think anything was gonna come of it and so the company is named Michael management and so when she posted that on her LinkedIn, a bunch of my college roommates were like, oh, yeah, I also used to work for Michael management in college like, no, no, like, it's a real company, like, I actually have a job. I'm not just managing Michael's like, life and stuff. So he's like, I never thought it would take off and it's an SAP company. But needless to say, so talk to me, Gregg, about what it is that JWB does?   Gregg: Yeah, absolutely. So we're a vertically integrated company and what that means, as I mentioned, is we have everything under one roof. So what we do is actually we buy land, and properties, but mainly land, especially in the current environment and we've been doing this for over a decade, we buy a lot more land than we're actually going to build and sell that year. We've been doing this here in Jacksonville, as I mentioned, we started build to rent back in 2011, before all the big hedge funds and private equity groups, and even now we're in this build to rent space, we actually started this in 2011, they put us on the front page of the Wall Street Journal in 2013 as being a pioneer in this space and so we secure this land, we buy this land, we actually own it and what that allows us to do is to create a path so that our clients have a consistent source of inventory, that they can turn, that we can turn into positive cash flow and high growth investments for them.   Once we own the land, we then build that new construction home, we then fill that home with a resident, and we do all the property management in house, we really focus on long term residence stays, we believe that's the approach that's going to lead to winning in rental property investments and so we only signed two and three year leases, we set resigned 70% of our residents, and that leads to an average duration of about four and a half years for our residents staying in our homes and then our team is just rock solid, we're here to make this. This a wonderful experience for our clients. Most of our clients live outside of Jacksonville, we have clients in 49 states 13 countries, and we get to serve over 1300 clients and manage about 4400 rental properties here in Jacksonville. And our team, we have about 85 people here on staff here and just really focused on creating a wonderful experience for folks and doing something more than just literally buying selling renting properties, right, we believe we have a higher calling, right, a higher mission here than just doing property management, we think that we can really change people's lives, by the returns that we create for folks and also what we can do in the community through the platform that we have.   Michael: Amazing, Gregg, this is like a super niche way to get involved in in real estate. I mean, you're kind of doing it all. So in that sense, it's almost not very niche, but curious to know, how did you get your start, because this is, again, kind of this is a very specific way to go about it.   Gregg: You know, my story started, where, you know, I went to school at the University of Florida, I was raised by a single mom and we never really discussed entrepreneurship and we never discussed real estate, it was my both my mom and my dad to have wonderful loving parents, but they never owned a house other than the one that we lived in growing up and so the idea of entrepreneurship or real estate investing was just completely foreign to me, I grew up, went to University of Florida and just tried to work very hard to get a great job and I really found comfort and security in the thought of going and working in corporate America. I realized now how much I just really, really was excited about that. Because it's very different than then how my life and my career has turned out. But I went to go and work for a company here in Jacksonville, a fortune 500 company and after about a year and a half of working there, I was really just depressed, demoralized. What I had thought was going to be my career path was not what I wanted, and I really didn't know what to do. So a friend of mine who was also struggling with the same thing at the same company turned me on to that amazing book, Rich Dad Poor Dad changed my life as I'm sure it did for you, Michael and most of the listeners I would imagine, right?   Michael: Hmm.   Gregg: So that book, I remember sitting down reading it, it was about nine o'clock at night and I read it all the way through till two o'clock in the morning, I finished the book, I got up and I looked at myself in the mirror and I said I'm gonna quit my job and start my own real estate investment company and if you know me, well, that is not how I make decisions. I'm very conservative, I'm more on the slow side. So this was a really big moment of inflection in my life, and a very, very powerful moment for me. But the thing that I took most away from that book was that I couldn't just put my head in the sand and just assume that I was going to work for a company and that if I worked really hard that I would just hit my financial goals. I had to mind my own business which can mean doing really well in my active job but it also means keeping my mind open and how I'm going to manage my money investments outside of my active income. But for me, the pain of working in corporate America for me was so great at that moment and I was also 23, I didn't have a lot to lose and I said, you know what, let me go big. My business partner, my original business partner, one of one of three business partners now has been my best friend and he realized that, you know, this was an opportunity for to get me on board, he is much more entrepreneurial than I am. So what he did was, he was still in his final season of Gator football over in Gainesville and I was in Jacksonville working and so his big plan was, you know, what, I know I can get Gregg on board if I just literally move in with him.   And so I didn't have that for him, I didn't have a room for him. So he came over and he said, hey, I'm gonna come over for the weekend, he ended up not leaving sleeping on my couch and he wanted to make sure that I would see him every day, when I would wake up and go to that job that I did not enjoy, he wanted to make sure that I would see him and every night when I got home, just demoralized, he wanted to make sure that I would see him searching for properties, figuring out how we're going to build this business and we did that for a little while and eventually I gave in and quit that job and we started this company. But in the beginning, we didn't really know what we were doing. We were just trying to survive and over time, and really, you know, this was 2006. So the market started to really change on us. You know, we can certainly talk a little bit more about that. But long story short, we evolved into understanding what really that intersection of what, what we are built to do and what we want to be great at, which is that turnkey rental property investment along with the property management, we really just love the fact that people can trust us with their money, we happen to be experts in real estate and we can perform as a team, even though they may live 1000s of miles away and return their money back to them on the backs of a very stable asset that just became our calling card and that's, that's really what we're very passionate about doing.     Michael: I love it, man. Gregg, I'm curious, I think it's probably come as no shock that a lot of turnkey providers get a little bit of a bad rap in the industry and so what makes JWB difference and who is a turnkey provider really a great solution for and maybe who is it not such a great fit for?   Gregg: I think it's a great question. You know, I think that when I started to invest, when I started to build this company back in 2006, and we started to go to market with our strategy of what turnkey was, I remember needing to fully explain what the term turnkey meant, because nobody had ever heard it before. Because it wasn't a very profitable niche back in 2006, or 2008, or 2010. Right as the market turned right, but it wasn't very profitable and so you didn't have any turnkey providers. And I remember feeling like I needed to just educate and share with people this this asset class, this possibility for you to invest in rental properties and to do it passively and I just remember just almost just being exasperated because nobody understood it. Now when I think about the space right now you are overrun with companies that claimed to be turnkey. The name turnkey means something different to every person out there. You don't have to spend as much time educating, right? Even the big media outlets are talking about why single family rental properties are such an incredible asset class. But now we're in this phase where we have to really specify what turnkey means and you know, what providers out there may be claimed turnkey, but really means something different.   For me, I really think there's a very big benefit for working with a vertically integrated company, which is a slightly different definition than turnkey, turnkey for me is really working with somebody who owns the asset, who does the property management in house and who can control that experience. That is kind of the definition of turnkey and, and what their job is, is to make sure that producing a return on investment for you today and that is wonderful. There's a lot of companies out there that claim to be turnkey, but don't meet that threshold. They might not own the asset, they might not do the construction themselves, they might not do the property management in house. But if you want to be a passive investor, you got to have all the goals in line and that's really the turnkey threshold. The reason that vertically integrated is different why I think it's so critical is it's a much higher threshold to be vertically integrated company. vertically integrated means that I might I'm not just taking care of your money today, I'm not just focused on selling you an asset that can produce cashflow. I'm not just focused on producing rent for you every single month and making sure that the home is rented and earning a return today. I want to take care of your money for the next 10 to 20 years over a full market cycle and in order to do that, you have to be much more forward thinking, right? You have to be able to source inventory a decade in advance to make sure that you have enough runway for your clients to actually finish their buying plans and own maybe three 5,10, 15, 20 properties as the market shifts, which it is right now.   And you also need to be an innovative team, you need to have an innovations department, you need to be one where you're thinking of what things are going on in the local marketplace, what boards are you on in that local marketplace? Are you a player in the social economic scene in your local market, because what many turnkey companies fail to do if you're not focused on raising median incomes, which a vertically integrated company is if you're not focused on raising median incomes in your local market, your return on investment has a cap that has a ceiling. Because as we are finding across the country, affordability is becoming an issue in many markets, and it will become an even bigger issue. No matter what supply and demand does. If homes are too expensive, then your home prices are not going to appreciate. And home price appreciation is a big part of your overall return on investment. So a vertically integrated company is actively has an impact in raising median incomes in that market, when you raise median incomes in your market. Home prices have the ability to appreciate you have a better chance of producing a return on investment for clients. So I kind of took us down a path of vertically integrated in my mind, there's a threshold of turnkey. First make sure if you want a turnkey company, that they own the assets that do the construction in house and that they actually do the property management. A higher threshold, if you're investing for a full market cycle, which is 10 to 20 years, you want to be investing with a vertically integrated company because rising median incomes and making sure you have a runway of assets is something that you need to be thinking about over that time span.   Michael: It makes total sense. So how does a vertically integrated turnkey company actually affect and be concerned with raising median incomes?   Gregg: It's great question. So, you know, Jacksonville is downtown is a great example of this. If you ever been to Jacksonville, Michael?   Michael: I have not known I've been meaning to make it out that way.   Gregg: Yeah. Well, I hope you come down here. So Jacksonville is downtown is on the precipice of a really wonderful revitalization. Now, for anybody who is in Jacksonville, who's listening to this podcast, you may have heard that same thing five years ago, 10 years ago, 15 years ago, 20 years ago. So we have so many natural assets here in downtown Jacksonville that we just haven't taken advantage of for many, many years and what it means is we have to take advantage of the political will we have to make it take advantage of the business community and we all have to come together to revitalize with downtown Jacksonville is we need to make this a place where employers come. Employers come employees want to live downtown and then when we do that, and we're surrounded by amenities, you're gonna see median incomes rise in downtown.   I'll give you kind of some numbers here. For the longest time in Jacksonville, we had a very low number of people living downtown number was about 3500 people living in downtown. It's really low number to stay that way, probably for CDs up until about three years ago probably stay that way for the previous 10 years. It just was growing just in the last three years now these are, these are small number games, but it's big on a percentage basis. We're up to about 7000 residents living downtown. Wow, yeah, we've done a lot of research to other successful downtown's and what we have noticed is that when you get to 10,000 residents living downtown, what happens is the numbers start to work so the developers can come in start to renovate buildings that might be sitting vacant in your downtown, turn these into amenities which of course creates this, this flywheel effect of require of encouraging more people to come and live downtown and up till this point, what the city is actually doing is incentivizing developers. So the city gives millions of dollars to developers like JWB in order to actually do these projects. Because right now, the numbers don't pencil they don't make sense until you have enough people living downtown and so what we are doing is JW B is buying a lot of buildings downtown, not for the purpose of earning a great return on investment in the short run. We're here for the long run. In the short run, it's actually not a very wise use of our capital and our dollars, we can make a much better much better return on investment elsewhere. But what this is doing is starting this flywheel effect, so we actually can have an impact we can be a player and helping to raise meaning and incomes attract future employers attract folks living downtown and our belief is that in the next five years, and over the next 10 years, downtown Jacksonville will look very different than what it looks like today.   Michael: That's awesome. That's so cool, I actually was awarded one of those grants as well out in a market in downtown on Covington, Kentucky, for doing the exact same thing developing an old building. So yeah, I'm very familiar with it and I think it's an amazing program that they've got kind of going on in a lot of places.   Gregg: You look at some of the other most successful downtown's, like Nashville, we like to think of ourselves as Nashville and 10 years in Jacksonville. And it's the same model, right? You incentivize development in the beginning, right, in order to increase the number of people living downtown, and so that the numbers work, and then eventually, the cities don't have to give these incentives and the development just works, because the rents are high enough for it to make sense on an investment perspective.   Michael: Right, right. Awesome! Well, Gregg, let's circle back to the question of if someone is listening, thinking about getting involved in real estate, but not quite sure how, who is turnkey, a great solution for and who should maybe steer clear and go another direction?   Gregg: Well, I think the biggest differentiator is your level of active involvement, if you want to be an active investor, turnkey, does not make sense for you, right, your upside for you to be an active investor is much higher, of course, you are also going to take on a lot more risk. But if you have the stomach and you have the expertise and the time to do the active business, to actually get out there and source your own inventory, renovate it yourself or with your crews, and then manage it yourself or even hire a property manager, go have a field day go do that, because you're probably in a position to earn a higher return on investment. I think the turnkey or vertically integrated approach really works well when you compare it against other alternatives on the passive side, right, let's this really works well, if you're somebody who would never actually go in pounding the pavement, and make hundreds and hundreds of offers to actually secure an undervalued piece of real estate and if you do that, you go to the active side.   On the passive side, though, you're probably investor who has money in the stock market, or in bonds, and they're just not performing like you want or maybe you have too much money in those asset classes, you need maybe a third wheel, or excuse me a third leg to your stool there, right? That's where passive investing in real estate can work and that's where turnkey plays really, really well. You can get the risk mitigation that you can find in asset classes like bonds with the upside that you can also find in stocks and that's why rental property investing really is an asset class that a lot of money is moving to Now, the key is, can it be passive for you? Can it be as easy and enjoyable as it is to invest in the stock market? And I know, that's what you guys do over at rootstock. You guys have made such a wonderful business model of making this an easy transaction and you know, I think that's been the missing piece for most investors.   Michael: Yeah, no, I totally agree, I totally agree. So let's shift gears here slightly and talk about returns because I think so many people listening, that's what's going to drive the decision and when, when considering different options that's what's driving that is, hey, where can I get the best yield? Where can I get the best return? So we're recording this end of March 2022, where are you seeing investors or rather, what are you seeing investors returns look like in today's market, given all the tumultuous nature that we seem to find ourselves in?   Gregg: Yeah, you know, listen, home prices are going up, and interest rates are going up and so what that means is that cash flows are being compressed. This is something that I've been talking about with clients for the last two years plus, once the dust settled for COVID and we knew that prices were going to go up and so what we're finding here is that cash flows are coming down. But the interesting thing is that the data and the numbers show that this trend of home prices continuing to go up and interest rates continuing to go up is here to stay for at least the short run and so what we're seeing here is home prices, and cash flows will actually lead to further cash flow compression, further lowering of return on investment and the same property that you would buy today is actually going to give a lower return on investment if you buy that property in future years, assuming that home prices and interest rates go up.   So that's kind of the big picture of what we're seeing. This is becoming a less profitable business model because you've had such low home prices and such low interest rates in the past that won't always stay the same. Specifically, though, for the Jacksonville market, what we're seeing are returns on investment between seven to 8% and that's not including home price appreciation that's taking into account your net rental income, your tax savings, your principal pay down, but it's leaving off to profit centers that are highly influential home price appreciation, and of course, inflation hedging as we all know, inflation is a real thing. It's at its peak since the last 40 years and rental properties do a wonderful job of hedging against inflation.   Michael: Awesome, awesome and Gregg curious to get your thoughts on where you've seen the Jacksonville market go in the last three to six months and what your projections are. I want to I want you to put some fresh batteries in your crystal ball and give me give me your take on where it's heading in the next three to six months.     Gregg: I've never been more confident in where the market is going. I said that last year because the data was so telling as far as us seeing above average home price appreciation, and the data is even more telling, I'll tell you which data I'm kind of referencing. But over the last three to six months, we have seen 15 to 20% annualized appreciation in Jacksonville. Those are staggering numbers, we've never seen 15 to 20% appreciation over the year in Jacksonville's history and you got to ask yourself, why is this happening? Well, it's happening because of low supply and increased demand and when you have very low supply and increased demand, it puts upward pressure on pricing. Jacksonville happens to be an affordable market. So you've got a lot of upward pressure and people can still afford to buy homes at this at the appreciated rates.   You know, one thing that you can look at to see where pricing is going in the short run is something called months of inventory, something that we look at and we track we've tracked every month ever since 2014. Here at JWB we track it because it matters, it tells us where pricing is going and so what you're seeing is if you look at the number of homes that are on the market, you can just divide it by the number of homes that sold in the previous month and you get this measurement. It's called months of inventory. Historically, between six to seven months of inventory that would lead to average, or normal home price appreciation, which in the Jacksonville market is 4.6% per year that's coming from 1982 all the way through 2022. So if you got six to seven, you're thinking oh probably about four to 4.6% somewhere around there as what you would expect over the next six to 12 months. Well last year when I was super confident home prices were going up we had like three months of inventory. Looking at it now we have about one month of inventory in the Jacksonville market and so that's why we're gonna see higher than normal home price appreciation. I usually don't make a specific prediction. I can't if you want me to I'm not afraid to do it. But you know, you got to do it guys you want me to do all right, I'm gonna listen. You it's better to go conservative. So I'm gonna go a little conservative. I'm gonna say eight to 10% home price appreciation in Jacksonville.   I think it could be higher. You look at Zillow, Zillow is predicting 16% home price appreciation or 12%, I can't remember which one, Goldman Sachs is predicting either 16 or 12%. You go in most, most outlets out there and they're predicting higher than normal home price appreciation, I think it could get that high. But they're the real reason why I'm so confident home prices are going to go up is because you gotta think about what's going to take to get to an equilibrium level of months of inventory, you're gonna have to build yourself out of this inventory crunch and it's taking longer to build new construction homes today than it has even last year and much longer and much more costly than it did a number of years ago. So it's going to take us some time it's going to take longer than one year and you still have room to run here in the Jacksonville market. So we're gonna see higher than normal home price appreciation over Jacksonville in Jackson over the next year. My opinion.   Michael: I love it, you heard it here. First, folks, eight to 10% and Jacksonville. Let's circle back in a year and see how close you were. That's awesome. Gregg, this was awesome, man. Thank you so much for taking the time if people want to reach out to you directly or learn more about JWB or invest with you all what's the best way for them to do so?   Gregg: Michael, thanks so much for having me. It's just really been a wonderful opportunity. For those who are interested to learn a little bit more about JWB. You can check us out online at https://www.jwbrealestatecapital.com/ . We also do a show called- The not your average investor show would love for you to listen to that either. Wherever you find your local, your favorite podcasts. We also do a live audience as well you can check out the show@nyais.com. We do it every Tuesday and Thursday and if you want to join the fun, the fun club come and hang out with us in the audience here on the show.   Michael: Right on, well thanks again Gregg and we'll definitely chat soon I'm sure.   Gregg: I appreciate it. Bye.   Michael: All right, everyone. That was our show a big thank you to Gregg for coming on, super interesting topic. A lot of really good stuff to chew on and definitely gonna be go checking out JWB real estate capital out there in Jacksonville. As always, if you liked the episode, feel free to leave us a rating or review. We'd love to hear from you all, as well as include a topic suggestion if you'd like to hear something more from us. We look forward to seeing on the next one. Happy investing…

Join us for JWB's Q1 2022 Jacksonville Real Estate Market Update.  We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:•Where Jacksonville's home pricing is currently and how that compares to historical averages•What is MOI and what does it say prices are going to do over the next 6-12 months in Jacksonville?•Why the Fed's 'tapering' and raising short-term interest rates 3 times in 2022 will lead to higher mortgage interest rates for rental property investors•How to take advantage of supply and demand and the Fed's actions to maximize your return on investmentYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.  Hope to see you there!--------------------------------------------------------------------------------------------------------------------

LifeBlood: We talked about rental property investing, why people fail at it and why they're successful, dealing with the complexities of it, setting proper expectations, and how best to get started with Gregg Cohen, CoFounder of JWB Real Estate Capital.   Listen to learn what smart versus dumb debt is! You can learn more about Gregg at JWBPropertyManagement.com, Facebook, Twitter, YouTube and LinkedIn. Thanks, as always for listening!  If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.  You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live.

Why rental properties are a good investment?Turnkey rental property: Definition, processes, and goalsPros and cons of investing in turnkey homesTenant turnover cost, rental escalation, vacancy rate, and how to avoid itThe real estate market insight in Florida in the face of a global pandemic Life and Money Impact RoundWhat is the one thing to do now to live a meaningful and intentional life by design?What is one life or money hack that you can share to make an impact on others' lives?What is one thing to do right now to make the world a better place? RESOURCE/LINK/ MENTIONEDRich Dad Poor Dad by Robert Kiyosaki | Audible, Paperback ABOUT GREG COHEN Gregg Cohen is the Co-founder of JWB Real Estate Capital- a rental property in Jacksonville, FL, that generates passive income streams while providing clients with peace of mind.  The clients invest in specific, hand-selected, single-family investment properties located in Jacksonville, FL, that produce consistent monthly cash flow and make the process hassle-free for them. CONNECT WITH GREGWebsite: JWB Real Estate CapitalLinkedIn: Gregg CohenPodcast: Not Your Average Investor Show CONNECT WITH USTo connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook.To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club.Be sure to also grab your free copy of the Investing For Good book (just pay S&H)--Thanks for listening, and until next time, keep investing for good!

Gregg Cohen didn't choose the entrepreneur life. The entrepreneur's life chose him. Gregg was raised to believe that with hard work he could climb the company ladder, but a year and a half at Johnson & Johnson left him disillusioned, depressed, and demoralized. Exhausted by cutthroat corporate culture, Gregg decided it was time to take a leap of faith. So, in 2006 he quit his corporate job and started JWB Real Estate Capital with his best friend from high school, Alex Sifakis. Owning his own company allowed Gregg the opportunity to build his business with the elements he wanted: a strong team culture, a passion for alternative financial investments, and the ability to cater to like-minded clients. Based on his own success with rental properties (even during the 2008 market crash), Gregg wanted to offer his expertise to make it easy for clients to invest their money in a different way. And he doesn't just invest in his clients—he invests in the Jacksonville, Florida, community as well. With thriving employees and a thriving local community, Gregg believes his business can help his clients thrive, too. Gregg doesn't just want to own a successful business; he wants to change people's lives. And real estate investment is the vehicle that helps him do both. What you'll learn about in this episode: Why Gregg selects clients that want to buy and hold for at least five years  How rents continue to climb, even during a recession period Why having lease-option deals can be more beneficial than having traditional tenants How Gregg's company was able to purchase more than 900 properties in 2021 Why hasn't Gregg begun building subdivisions and what are the challenges of developing subdivisions What does Gregg plan on doing long term, and does have an exit plan Additional Resources: Get Ron's $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month!

Gregg Cohen Episode 099 Turn-Key Rental Properties and Property Management with Gregg Cohen -The Lockbox Podcast with Jeffrey Brogger  Gregg Cohen is the founder of JWB Real Estate Capital, a vertically integrated real estate investment company that is dedicated to making rental property investing easy. People can buy a property from JWB, and the company handles all the management in-house, including putting a resident in that home on a long-term lease and then it's sold to the investor. JWB has over 4,500 rental properties under management, with more than $40 million in positive cash flow since 2011. The company has served over 1,200 clients across 43 states and 13 countries.  Gregg generously shares his story of being in the business for over 16 years. Highlights include: How buying rental properties differs from flipping, wholesaling and other real estate investments. Commit to being cash flow positive to reduce risk. Lessons learned during the real estate market downturn. The value of long-term visions and planning. The importance of earning trust with your clients. How home appreciation works and varies from market to market. The client ROI report. Enjoy the show! Connect with Gregg: Website: https://www.jwbrealestatecapital.com/ YouTube: https://www.youtube.com/user/ProgressHomeBuyers Instagram: https://www.instagram.com/gregg.cohen.jwb/ LinkedIn: https://www.linkedin.com/in/gcohen31/ Company LinkedIn: https://www.linkedin.com/company/jwb-real-estate/ Connect with Jeff: https://steezy.digital/ Facebook: https://www.facebook.com/jeffrey.brogger  LinkedIn: https://www.linkedin.com/in/jeffrey-brogger/ Twitter: https://twitter.com/jeffbrogger FREE DOWNLOAD: The Ultimate Real Estate Goal Setting Framework This SMART spreadsheet will automatically breakdown the number of phone calls, appointments, or open houses you need in order to achieve your income goal!!! Click below to download this SMART spreadsheet today! https://steezy.digital/ultimate-real-estate-goal-setting-framework Learn more about your ad choices. Visit megaphone.fm/adchoices

Gregg never intended to be an entrepreneur, but when the corporate world left him disillusioned, depressed, and demoralized, he decided to take a leap of faith. So he created JWB Real Estate Capital, a vertically integrated real estate investment company dedicated to making rental property investing easy for clients.  Gregg doesn't just want to own a successful business; he wants to change people's lives. With 4,500+ rental properties under management, more than $40 million in positive cash flow returned since 2011, and 1,200+ clients served across 43 states and 13 countries, it's safe to say real estate investment is the vehicle that helps him do both. Get your free book: [www.audibletrial.com/dwellynn](http://www.audibletrial.com/dwellynn) Contact: Gregg Cohen https://www.jwbpropertymanagement.com/ Content Mentioned 1984: George Orwell https://www.amazon.com/1984-Signet-Classics-George-Orwell/dp/0451524934/ref=sr_1_1?crid=29FML3AX8SDOB&keywords=1984+george+orwell&qid=1643234438&s=books&sprefix=1984%2Cstripbooks%2C187&sr=1-1 @OlaDantis for all other social media Send me a DM when you follow so I can say hi! www.InvestWithOla.com

Join us for JWB's Q4 2021 Jacksonville Real Estate Market Update.  We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:•What is MOI and what does it say prices are going to do over the next 6-12 months in Jacksonville?•Where Jacksonville's home pricing is currently and how that compares to historical averages•Why investing in single-family rental properties makes sense no matter what happens to short-term home prices•Why $30 billion has come to the single-family rental space in the last 18 months...and why more is on the way.You won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.  Hope to see you there!--------------------------------------------------------------------------------------------------------------------

Managing a professional property management business in today's climate is full of uncertainty. Property managers are dealing with unprecedented challenges to an already complicated business, and some may feel like they just can't get ahead. But did you know there are certain trends and strategies proven to help you plan for the future of Property Management?     In this PMLX 2021 panel recording, Randall Henderson (VP at Property Management Inc.), Jackie Lee (CEO at Brandywine Homes), and Gregg Cohen (Co-Founder at JWB Real Estate Capital) share their future-proof strategies and best practices for successful property management businesses.   Check out Gregg Cohen's podcast, Not Your Average Investor, on your favorite podcast apps.   These pics of Randall Henderson will get you "sweatin' to the oldies": https://photos.app.goo.gl/4K5cJB7UF2Z8J9Nm9   Follow the conversation PMs are having about this and more at https://bit.ly/pmlx-fb   Stay up to date on events and resources at https://bit.ly/rbp-home   Be sure to follow The Triple Win by Second Nature and never miss an episode!

Managing a professional property management business in today's climate is full of uncertainty. Property managers are dealing with unprecedented challenges to an already complicated business, and some may feel like they just can't get ahead. But did you know there are certain trends and strategies proven to help you plan for the future of Property Management?     In this PMLX 2021 panel recording, Randall Henderson (VP at Property Management Inc.), Jackie Lee (CEO at Brandywine Homes), and Gregg Cohen (Co-Founder at JWB Real Estate Capital) share their future-proof strategies and best practices for successful property management businesses.   Check out Gregg Cohen's podcast, Not Your Average Investor, on your favorite podcast apps.   These pics of Randall Henderson will get you "sweatin' to the oldies": https://photos.app.goo.gl/4K5cJB7UF2Z8J9Nm9   Follow the conversation PMs are having about this and more at https://bit.ly/pmlx-fb   Stay up to date on events and resources at https://bit.ly/rbp-home   Be sure to follow The Triple Win by Second Nature and never miss an episode!

Join us for JWB's Q3 2021 Jacksonville Real Estate Market Update.  We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:•JWB rent collection, leasing, renewals & evictions update•Jacksonville real estate market update•Update on current JWB inventory, sales and est. returns on investment•JWB's outlook on home price and rent price appreciation over the next 1-3 yearsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.  Hope to see you there!

Rental properties can be a great source of passive income, yet not a lot of people seem educated about it. Well, in this episode, it's time to learn about rental properties and their profit centers. Join our host, Jeffrey Rutkowski, as he talks to Gregg Cohen, the Co-Founder of JWB Real Estate Capital, on the subject of passive income and rental properties. Gregg discusses the strategies for taking advantage of profit centers in real estate and how vertically integrated companies can produce great results for investors. A great episode to learn from if you're looking to get into investing in rental properties.

You may be surprised just how much in-progress development there is in Downtown Jacksonville. Learn more about the JWB Real Estate Capital and the Downtown Council of the JAX Chamber at www.downtowncouncil.org.

Ready to grow your nonprofit career so you can change the world? The Fast Track to Grant Writer is opening again. Get on the list at www.teresahuff.com/vip. Making a Difference in Business AND Nonprofit Work Gregg Cohen, Co-Founder of JWB Real Estate Capital in Jacksonville, FL, shares how his team runs a successful real estate investment business AND an incredible nonprofit. Since Gregg was a writing client of mine, I've had the privilege of seeing behind the scenes into their JWB Cares nonprofit work. That's why I knew he would be an amazing person to interview for the show. His team's energy for making a difference in their community is contagious. They've done some incredible work in Jacksonville. The JWB Cares' biggest projects so far include building and giving away three homes to U.S. military veterans! They've joined forces with many other community partners to pull it off. Their own JWB team of 80+ employees also rolled up their sleeves to get their hands dirty - literally - to help with the homes. Listen in to hear how this team is creating a powerful company culture and making a big impact. You'll walk away with inspiration for your own work. About Gregg Cohen and JWB Real Estate: As a founding partner of JWB Real Estate Companies, Gregg Cohen has seen the company grow from humble beginnings to serving over 1,200 clients worldwide with total assets under management of over $450 million. JWB helps clients diversify out of the stock market by building a fully managed rental property portfolio for the client. Cohen and his team have been featured in The Wall Street Journal, The New York Times, Inc. Magazine, The Jacksonville Business Journal, and The Florida Times-Union. If you’d like to learn more about JWB’s investment strategy and how to deliver better returns for your rental property portfolio, please visit www.jwbrealestate.com or call their office at (904) 677-6777. Download the free JWB Passive Income Guide to learn how you can invest in real estate as easily as buying and managing your stock portfolio. Connect with Gregg: Facebook Youtube LinkedIn  Instagram Twitter Connect with Teresa Huff: Website: www.teresahuff.com Take the Quiz: Do you have what it takes to be a grant writer? Social: LinkedIn Instagram Pinterest Get on the Fast Track to Grant Writer: www.teresahuff.com/vip

Join us for JWB's Q2 2021 Jacksonville Real Estate Market Update.  We'll be joined by Gregg Cohen, Co-Founder of JWB Real Estate Capital.Here's what we'll discuss:•JWB acquisition, construction, and sales activity update•Jacksonville real estate market update•JWB's predictions on home price appreciation and the state of the turnkey rental property industry over the next 1-3 yearsYou won't want to miss this opportunity to spend some time with one of JWB's owners and learn more about how you can take advantage of the Jacksonville real estate market.  Hope to see you there!

A shipping container costs less than $5,000. Why doesn’t America build more housing with them? Gregg Cohen of JWB Real Estate Capital in Jacksonville, FL reveals how their 18-unit shipping container apartment complex created financial loss. The shipping container apartments are 320 square feet each. Learn about: what a vertically integrated company is, build-to-rent homes, turnkey real estate, the pros and cons of shipping container housing, permitting, and zoning constraints.  Making shipping containers livable adds expense: windows, heating, cooling, electricity, water, ventilation and fire safety.  JWB blew their budget! $1.3M budget vs. $2M reality.  Gregg estimates that shipping container building costs them 20-30% more than conventional wood frame construction. Their non-pandemic rent collection = 98.5% In-pandemic rent collection worst = 97% 2020 rent collection total = 98% JWB has available inventory of Jacksonville income property now - during the housing supply crisis. How can they do that? He tells us. If you seek more income property, start at: www.CashFlowAndGrowth.com or phone (904) 677-6777. Resources mentioned: Show Notes: www.GetRichEducation.com/345 JWB’s available Florida income property: www.CashFlowAndGrowth.com JWB’s Facebook Group: www.JWBFacebookGroup.com Get mortgage loans for investment property: RidgeLendingGroup.com Ali Boone’s Recommended Book: https://amzn.to/2NsMVlF EQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. Best Financial Education: GetRichEducation.com Get our free, wealth-building “Don’t Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold

Our guest today is Gregg Cohen, a turnkey specialist and the co-founder of JWB Real Estate Capital. In this episode, we dig deep into turnkey investing and how this concept works. If you want to know if turnkey investing is the right choice for you, what are the costs, and how you can start your own, then this episode is for you! Learn more about Gregg and his journey at reiclarity.com! “Our clients actually own the asset. So it's not like they just invest with us.”   02:06 Gregg's turnkey investing company is designed to make rental property investing easier. According to him, there is a big segment of the population who would like to invest in real estate, but they find it too hard, time-consuming or they live in an area where the market is not good for their goals.   Gregg's company helps these individuals by owning and selling the house to the client with a tenant in place so they have positive cash flow from day one. His company does all the property management for that client as well. “There is a really big difference between doing this business and doing this business well.”   09:08 Gregg's advice on the key factors to start a successful turnkey company:   Have property management in-house, otherwise, the sales team might pitch numbers that they cannot necessarily back up on the property management side. Sign more than 1-year leases because turnover costs are actually the biggest lever when it comes to your overall maintenance costs. Don't forget that the clients should buy into a model and a team with you, so you should be more like an advisor than just a property manager. This way, you can both plan ahead for years to come. 20:18 According to Gregg, there are some scenarios when turnkey investing is not the right choice. For example:   If you are somebody that likes to be very hands-on and want to have a part in a lot of the decisions. If you don't want to trust in a company to operate in your best interest and you'd rather manage the process by yourself. 27:12   According to Gregg, if the turnkey rental property company operates in an efficient manner, they should be able to acquire properties at a discount to market value for you. However, there are costs to consider when you are thinking about working with a turnkey rental company:   Property management fee: it consists of all the activities to be able to maintain that relationship with your residence. It's usually around 8%-12% of the rents that are collected. Tenant placement fees: it is generally around the first month's rent to place a resident in your home for you. Lease renewal fees: this should be a small fee and it varies from company to company. This fee occurs every year when the tenant renews their lease. Maintenance markups: be careful with these fees, as many property management companies markup the maintenance fees by 10%-15%. Mentioned in the show: https://www.jwbrealestatecapital.com/ His Phone number: (904)-677-6777 His LinkedIn https://www.jwbwebclass.com/ www.shineinsurance.com/reiclarity Learn how to grow your portfolio and reach incredible success the right way! Visit us here for everything you need to know: www.shineinsurance.com/reiclarity.    Special thanks to Gregg Cohen for taking the time to share so many great insights with us   If you enjoyed this podcast, there's a couple of things we need you to do right now:    SUBSCRIBE to REI Clarity on Apple Podcast, Spotify, or wherever you listen to podcasts    While your there, please RATE & REVIEW the show    SHARE with friends   Finally, please, JOIN the REI Clarity Facebook Group Then, please share the show with whoever you think it will inspire. Until the next time, We truly appreciate you listening. Need the REI Insurance Guy? More great stories & information at: Youtube - Blog - Podcast Facebook - Twitter

Gregg Cohen in this week's guest! Alex and Gregg go way back to 2006! Gregg is the founding partner of JWB Real Estate Capital, out in Jacksonville, Florida. Their turnkey company serves just over 550 clients from all over the world. Gregg discusses on this week's show how you can go from being a wholesaler to owning passive income properties, why company culture is important, and the trick to keeping your tenants in your rentals for several years.   Key Takeaways: This is technically Gregg's second time recording the show! Technical difficulties happen to everyone. How did Greg get started in this business and what does his business look like today? It's always been Greg's end goal to generate passive income from his business. Wholesaling is still a job, at the end of the day. Depending on your goals, wholesaling can be all you need. However, for Greg, he wanted to build something more. If you want a passive income, then take your profits and invest it into a passive income as early as you can. Gregg has made a lot of investments in his company culture. They provide lunch to their employees every day and even take company time off to volunteer. What were some of the steps Gregg took in the very beginning, to build his company culture? Should you hire a good property management company to manage your rental properties? How does Gregg incentivize the tenant to stay long term in his rental properties? What is Gregg's ideal client who comes and invests with him in turnkey properties?   The Flip Empire Inner Circle Want to close more deals and generate more revenue? Have questions you want to ask me? Interested in generating more leads, creating systems, automating your business, or just growing as an Entrepreneur? This isn't your typical coaching program that charges you b/w $5,000 - $50,000. This is a small community of experienced, like-minded, successful Real Estate Investors. Click To Apply, and let's talk!   Mentioned in This Episode: FlipEmpire.com Flip Empire Private Facebook Group Email Alex: Alex@FlipEmpire.com Learn more about Turn Key Investing for Passive Income Jwbrealestatecapital.com Click here to Connect with JWB & Request Your Passive Income Information Kit Here.     Ask Alex A Question: Have a question you want featured on an upcoming Flip Empire Show? Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!   Did you get your FREE Online Course? Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the “5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)” video module training course.   Subscribe To The Flip Empire Show, and Leave a Rating & Review!