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Keith reviews the state of the real estate market, noting that existing home sales are down about 33% from their 2021 peak, while prices remain firm due to low supply and high demand.  Affordability challenges are driven by stagnant wages, inflation, and higher mortgage rates, with 70% of mortgage holders still locked in at rates below 5%.  He observes that in certain markets, new construction may now offer better investor terms than comparable existing properties, especially where builders buy down rates.  The episode highlights a comparison of nearly a century of asset class returns, reporting real estate's long-term annual appreciation at approximately 4.7%. Episode Page: GetRichEducation.com/583 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation   Complete episode transcript: Keith Weinhold  0:01   welcome to GRE. I'm your host. Keith Weinhold, how do other audiences feel about the GRE mantras that we've come to love here, like financially free beats debt free and don't get your money to work for you? Then sometimes it's not what you're attracted to in life, but what you're running away from finally comparing the returns from six major asset classes over the past century all today on get rich education    Keith Weinhold  0:29   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:18   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:34   Welcome to GRE from Kennebunkport, Maine to Bridgeport, Connecticut and across 188 nations worldwide. It is the voice of real estate investing since 2014 I'm Keith Weinhold, and I'm grateful to have you here with me, and we're doing something a little different today, as you'll soon listen in to me as I was on the hot seat being interviewed on another prominent real estate show. But first, when you pull back and ask yourself, why you're really an investor in the first place? There are so many reasons. Maybe you just want a few properties in order to supplement your day job income. Maybe you want to have more than a few so that you can completely replace that active income, or perhaps rather than going the route of building up your cash flow, which is valid, but some think that it's the only way to real estate financial freedom. Instead, you could own, say, nine doors or 22 doors, and even if they all had zero cash flow, you can just keep borrowing against that leverage and equity tax free and live off of that whatever you do when it comes to your day job, income, your degree of disdain for your nine to five job that is going to be greater or less than it is for some others. So your motivation for self improvement, it isn't always about what you're running to in life, which could be real estate investing, but it's also what you're running away from, especially if you don't get a deeply rooted sense of meaning from your job. So you could have both a push factor and a pull factor in what motivates you. There's a scene from the 1999 movie Office Space that just does this incredibly unvarnished job of saying out loud how so many of us feel today. What I'm going to share with you, I mean, you know that you have felt this at least once in your life. Office space wasn't supposed to be a mega hit movie, but it kind of was, because it's so relatable. Let's listen in to part of this clip. This is Ron Livingston playing a disgruntled male employee talking to Jennifer Aniston at a restaurant about his job in the movie Office Space.   Speaker 1  4:09   I don't like my job, and I don't think I'm gonna go anymore. You're just not gonna go. Yeah, won't you get fired? I don't know, but I really don't like it, and I'm not gonna go.   Keith Weinhold  4:24   Then it continues when she asks. So you're just gonna quit? No, not really. I'm just gonna stop going. When did you decide all of that? About an hour ago? Really? Yeah, aren't you going to get another job? I don't think I'd like another job. What are you going to do about money in bills and all that? I've never really liked paying bills. I don't think I'm going to do that either.   Keith Weinhold  4:53   That's it. That is the end of that classic dialog from office space that we can. All relate to you did not wake up to be mediocre, but a lot of people's jobs pummel them into a rather prosaic state. You were born rich because you were born with this abundance of choices, this huge palette in menu, but society often stifles that and makes you forget it, and it gets really easy to just fall into your groove and stay there. The main reason we aren't living our dreams is really because we're living our fears. Failure doesn't actually destroy as many dreams as people think fear and doubt. Does fear and doubt destroy more dreams than failure ever does financial runway? That is a phrase for the amount of time that you can maintain your lifestyle without the need for a paycheck. And it's critical for you to lengthen this runway if you hope to retire early, and it will dramatically reduce your stress level. An example is say that you currently earn 150k per year after taxes, and you spend 126k of that, all right. Well, that means you've got a surplus of 24k a year. Well, it's going to take you a little over five years to accumulate that 126k that you need to annually support your lifestyle. That's what happens if you don't invest. And see investing helps you lengthen your financial runway, that amount of time you can maintain your lifestyle without the need for a paycheck. That's what we're talking about here. Last week I brought you the show from Caesar's Palace in the center of the Las Vegas Strip. So therefore, what I've done is I have gone from the ostentatious and flamboyant over here to the familial and simple as this week I'm in Buffalo New York, broadcasting from a somewhat makeshift GRE studio here, the Buffalo Bills had a home game yesterday, so the city and hotels are busier than usual. Next week, I will bring you the show from upstate Pennsylvania, as I'm traveling to see my family. Let's listen in to me on the hot seat. I was recently a guest on Kevin bups long running real estate investing show. You're going to get to see how I present information and GRE principles for the first time to a different audience. And as I do, you're going to hear me provide new material, but you'll also hear me say quite a few things that I have told you before, even then, the concepts might land differently when I'm explaining them to a new audience. The show is based in Florida, so We'll also touch on the real estate pain and opportunity there. After I'm interviewed, I'm going to come back and tell you about something fascinating. I'm going to compare the returns from six major asset classes over the past century, since 1930 anyway, and that's going to include the first time on the show where I'll tell you real estate's annual appreciation rate over the last entire century. Just about what do you think it is? 8% 5% 3% you're gonna have, perhaps the best answer you've ever had. Here we go.   Kevin Bupp  8:31   Now, guys, I want to welcome back a guest that we've had on. It's been a number of years now. Keith Weinhold, I went back to look at the last episode we had him on. I think it's been about four years. So, you know, four years ago, the world was in the very different state. It was a very different time. And so, you know, thankfully, we're out of the covid era and on to newer and greater things. So for those that don't know Keith, he's the founder of get rich education. He's the host of the popular get rich education podcast. He's a longtime thought leader in the real estate investing space, and like myself. Keith was also born and raised in Pennsylvania. For those that know don't know, I was born and raised in Harrisburg, Pennsylvania, Keith, I believe, a couple hours away from where I was. But Keith has very much a unique perspective on wealth, building debt, and really the housing market as a whole. And today, you know, we'll be diving into everything you know, from why the property itself? This is something that Keith kind of coins, why the property itself is less important than you think, to how the housing crash has already happened in a way that most people don't even realize, to the role inflation and debt play in building long term wealth. And so again, it's been a number of years here, so I'm excited to welcome Keith back here. So my friend, Keith, welcome to the show. It's it's a pleasure to have you back here again, my friend.   Keith Weinhold  9:43   Oh, Kevin, it's good to be here and be in the auspices of another fellow native Pennsylvanian as well.   Kevin Bupp  9:49   That's right, that's right, yeah, no, Pa is rocking and rolling as I think I told you this little, this little tidbit last time everyone, every time I speak with someone from Pennsylvania, they never know this. But I'm going to share this fun fact. Are you already know, Keith. I'm gonna share it with the rest of the listeners here today, Pennsylvania, those that are born and raised there. It's the only state where, if you're from Pennsylvania, you refer to it by its initials, and you assume that everyone else, everywhere else across the country, they know what you're talking about when you say I'm from PA and that's the only state that does that. So I think it's pretty neat.   Keith Weinhold  10:19   That's right. No one else does that. No one else says, I'm from TN, if they're from Memphis, right?   Kevin Bupp  10:24   They don't, they don't. So with that, my friend. So, you know, it's, again, it's been a number of years since we, since we had you last on here, you know, let's start with just, let's back up a little bit. You know, what have you been up to? I mean, what, what have the last few years look like for you? Where have you been spending your time, energy and efforts? Obviously, it's, you know, we've gone through some quite a bit of turmoil over the last five years, and would love to just get an update as to what's going on your life.    Speaker 2  10:48   Well, one of the big words in real estate investing, we all know it, even the person that cuts your hair and cleans your teeth knows it, and that's affordability. You know, really, affordability has been under fire, under pressure. By a lot of measures, we have the worst affordability for home buying since the early 80s, when the Jeffersons was on television. So it's been helping a lot of people deal with that. It's really the effect of three things, general inflation, higher home prices and higher mortgage rates. Really, those three things the crux of the problem. It's not exactly inflation, really. It's the fact that over the long term, wages don't keep up with inflation. And really that's the crux of the affordability problem. So I've been helping people deal with that and put that in perspective, really, Kevin,   Kevin Bupp  11:42   what does that mean for, you know, investment, real estate? I mean, are you still still doing deals? Are you seeing deals still get done by your students? I mean, what? What's your world look like?   Keith Weinhold  11:52    Yeah. I mean, I think you're asking, you know, how many deals are taking place? One way to measure that on a national basis is existing home sales. You know, existing home sales have been down substantially. And when a lot of people hear that, they think, prices, oh no, we're not talking about prices. We're talking about existing home sales. That means sales volume. That means the amount of overall transactions. So to give an idea of a real estate market, a residential one that's become pretty lethargic and not very vibrant, is that sales volume. It had its recent peak of about 6 million home sales back in 2021 I mean, 2021 was crazy, kind of the crux of the pandemic, you know, Kevin, that's when for an open house. You saw cars wrapped around the block for just one open house. Okay, well, that year 2021 there were 6 million existing home sales. Today, we're on pace to do about 4 million, and we also did only about 4 million last year. So if you put that in perspective and think about what that means, prices have stayed stable, but that's a 33% reduction in transactions. So investors, you know, people like you and I, Kevin, we're not as affected by this as some other industries. But think about the mortgage loan industry. If you're doing 33% fewer transactions, think about the hard decisions companies have to make and lay people off. 33% fewer transactions for title companies. It's probably close to 33% fewer transactions for furniture companies as well. So really it's both affordability that's been a problem, and that's led to this relative lethargy, kind of a slow, not very interesting residential real estate market, at least from the transaction perspective, really, really slow.   Kevin Bupp  13:58   But Could, could one not argue, I don't know the data points. Keith, I guess, what did it look like? 2021? Was kind of the peak. I think you'd reference 6 million units a year. Transactionally, what did it look like prior? What, what was, what was a more normal year like? And maybe 2020, wasn't a normal year either, right? Because a lot of folks thought the role was ending for a period of time. You know, 2019 maybe just again, trying to, trying to find maybe a better baseline to use. And then, you know, does, I guess, in my mind, and I don't follow these data points as much as you do, is that maybe 2021, was, you know, somewhat artificial inflation, right? Lots of lots of money pumping into the marketplace. And ultimately, we had to get back to a sense of normalcy at some point in time. And so are we at a at a place of normalcy? Are we still behind the eight ball a little bit?   Keith Weinhold  14:44   We're still behind the eight ball a little bit. 5 million is more of a normal long term number. But yeah, I mean, if we've got 4 million now, that's, you know, 25% less still than 5 million, sort of this long term normalcy rate of existing. Home transactions. And if you're a careful listener, you notice I've been using the word existing that doesn't include new build. So you know, when you the listener out there reading headlines, always look at that closely. We talking about existing? Are we talking about new build? You can learn a lot from that when you introduce new build data that introduces an awful lot of noise. For example, even when we look at prices, sometimes we want to exclude new construction. So why is that? Why do we want to focus on existing a lot? Well, because new build can introduce a lot of aberrations to the market. For example, the size of new build properties has dropped substantially the past few years, again, coming back to the central theme of affordability to help make a home more affordable. So we're not looking at same same when the square footage of a property drops a lot. And also, another thing that's been happening as a response to the lack of affordability is you have more builders building further and further out from a central business district where there are lower land costs for that new build property as well to help meet affordability. So the takeaway is, yeah, we want to be careful when we look at numbers. Are we looking at existing? Are we looking at new? Are we looking at overall properties.   Kevin Bupp  16:22   If you believe that if rates come down, we really is that the is that the lever that has to be pulled in order for that transactional volume to kick back up and, you know, make homes more affordable for the average home buyer,   Keith Weinhold  16:34   yeah, it's certainly going to help. I mean, really lower rates is the most likely significant lever that can help with the affordability crisis. Prices are pretty firm. Home prices are up 2% year over year. It's difficult for home prices to fall. In fact, home prices have only fallen one time substantially since World War Two. A lot of people don't realize that. So home prices are firm. I expect them to stay firm. And then the other lever is if we get a huge surge in wage increases, which I really don't expect anytime soon, unless we have another really big bout of inflation. So to your point, yes, lower mortgage rates like, that's the biggest lever that can help affordability return. And to speak to mortgage rates, Kevin and help put all of this into perspective, including this affordability component, is the fact that today, mortgage rates are low, and that gives a lot of people pause. They're like, What are you talking about? Mortgage rates were 3% even as low as two point some percent, just as recently as 2021 and early 2022 What are you talking about? Like, mortgage rates are 2x to 3x that today we look at a long term perspective when we look at the arc of mortgage rates, instead of in setting up expectations where we think rates could go. And we need to look at a frame of reference. Mortgage rates peaked over 18% in 1981 that's if you had a good credit score and everything on a 30 year fixed rate mortgage. That's what we're talking about here. In fact, Freddie Mac, they're the ones that have the best, most reliable stat set for mortgage rates, and that goes back to 1971 the average mortgage rate since 1971 all the way up to today, through all these presidential administrations you know, Nixon and in the Reagan years, and Clinton and the bushes and Obama, everything You know up to today, from 1971 until today, the average 30 year fixed rate mortgage is 7.7% so that's why I talk about how mortgage rates are, you know, moderate to a little low today. That takes a lot of people back. I don't see any impetus. It's going to get us back to, say, 3% mortgage rates. So some real perspective here.   Kevin Bupp  19:06   Yeah, yeah, no. And, you know, the interesting thing again, you might have data points on this to see, is a lot of the lack, do you feel that a lot of the lack of transactional volume is also related to those folks that have locked in, you know, 3% you know, mortgages, right? Like they're they, why would they sell and ultimately trade into a, maybe a, you know, a, you know, upgrade of a home, but ultimately be paying significantly more than that of what they're paying at the present time, you know, double the cost of capital. Your rates today, 30 year, rates are where the six and a half, 7% range, I don't follow it, but yeah.   Keith Weinhold  19:42   I mean, as of today, 6.3% is is where they're at. But yeah, you have a lot of those homeowners locked in to low rates. I mean, first, if we just pull back and look at the overall homeowner landscape, four in 10 have a paid off property. So just to talk to those about the other. Or 60% that percentage that are mortgage borrowers, among borrowers, 70% still have a mortgage rate under 5% meaning it starts with a four or less. So yeah, you're bringing up astutely Kevin the lock. In effect, people are reluctant to sell and give up that rate to trade it for a higher rate. And here's what's interesting, a lot of people if they couldn't make the payments on their home and say they lost their home, something that actually happened a lot in 2008 when people were locked into in sustainable mortgages because they didn't have good credit and they didn't have good income, the borrower is in good shape today. But even if, for some reason, they couldn't make the payments on their home, and they lost their home and they had to rent. Rents are actually higher in many cases, than what that mortgage principal and interest payment is. Maybe even the mortgage principal interest, taxes and insurance that they pay today are lower than what comparable rent would be, and this helps stabilize the housing market, people are really motivated to make their payments, and they can easily do it when it is so low, speaking to that lock in effect, and we're bringing up another reason now why transaction volume is so low, that lock in effect. So homeowners are in good shape. Their payments are sustainable. They don't want to sell, and they're just staying put. They're staying in place   Kevin Bupp  19:42   tying that all back around. Keith, what does that mean for us real estate investors? I mean, is there still good value out in the marketplace? I mean, is the rent to value ratio still, you know, Is there good opportunity to be had, as far as ROI for an investor that wants to buy into a residential investment or a multifamily investment, or anything related to that of residential housing?   Keith Weinhold  19:42   Well, the deals in the one to four unit space, single family homes up the four Plex buildings, yeah, just are not as good as they used to be. The ratio of rent income to purchase price is lower than it was five years ago. And that's so simple, but that's just really the simplest formula for profitability for a real estate investor, you don't have to look at cap rate or or NOI in the one to four unit space. Let's just look at that ratio of rent income to purchase price. 20 years ago, it was easy to find a full 1% meaning, on a 200k property, you could get $2,000 worth of rent income. That's that 1% ratio. But now oftentimes you've got to find something that's more like seven tenths of 1% that would be a $1,400 rent on a 200k property. So that simple formula, and I love that, the rent income divided by the purchase price when I'm looking at properties, when I'm scrolling or scanning like that's a calculation you can do in your head. It's only if I would see a ratio that appears really good, oh, that I would like drill down and look at that property more closely. So of course, when you have something that is that simple, though, rent income divided by purchase price, there's a lot of things that doesn't tell you. You know, what kind of mortgage interest rate can you get? What kind of property tax Do you pay in that jurisdiction? But really, I love the simplicity. That's it, rent divided by price, but it has been under attack. Now today, I still don't know where you're going to get a better risk adjusted return than you do with a carefully bought income property with a loan. I've always liked fixed interest rate debt the best risk adjusted return anywhere. I really don't know of a better one than with buying real estate, because real estate investors have so many profit centers, five simultaneous profit centers, which few people understand. Yeah.   Kevin Bupp  19:42   So using that, I want to, I want to unpack the the 1% rule a little bit for those that aren't familiar with it. And again, there's a lot of variables there, as you had mentioned, you know, mortgage rate, taxes, insurance and that respective market that you that you're buying in, and so what? What are you really trying to back into when applying that rule? Is there? Is there? Is there a true cash on cash return that you're hoping to achieve, again, assuming all these other variables that we just don't know, what they are at this point, you know? Is there a target range of actual ROI that you're actually looking to achieve when applying that 1% rule?   Keith Weinhold  19:42   No, I'm just looking for any positive cash flow. You know, to your point, yeah, there's nothing like the cash on cash return needs to be at least three and a half percent or something like that. But, yeah, I still like buying a property that's that's greater than a break even. Inflation is probably going to increase your cash flow over time, even if you bought a property that that broke even or just had a trickle of cash flow or a $100 cash flow today, a lot of people don't understand that fact that right there you can't count on it, you shouldn't count on. Getting rent increases. But we all know it generally happens over time at a rate of about 3% a year, but it actually increases your cash flow. If you increase your rent 5% your cash flow can often increase something like 12% why is that? How could that happen? That's because, you know, it's key for the person that was listening closely, you get fixed interest rate debt, so your rent income goes up, your expenses increase, except for that mortgage principal and interest. Inflation can touch it. It's kind of like a mosquito buzzing against a window and always trying to get in. And inflation can't touch that in a way. It's sort of like debt that's an asset in some unusual way, or some play on words, getting that debt so So yes, you can't count on rent increases over time. We know what typically happens, and that's really part of the compelling value proposition of buying income property with a loan. You're sort of leveraging inflation. You're really on the right side of it.   Kevin Bupp  20:08   Are there any particular markets that you feel are ripe for opportunity today where you're spending your focus and energies in?   Keith Weinhold  20:08   Yeah, it's still in high cash flowing markets like Memphis, okay, little rock and a good part of the Midwest and the Midwest still has home prices appreciating faster than the national average as well. So those are some of the areas that I like. Those jurisdictions also tend to have laws, as your listeners might know this already, Kevin, they tend to have laws that benefit the landlord more so than the tenant, where you can get a prompt eviction, but those are still the areas where you do get that high ratio of rent income to purchase price on a single family rental home, you might still find eight tenths of 1% meaning $800 worth of rent for every 100k of property purchase in places exactly like that.   Kevin Bupp  20:08   I was hoping that you tell me 1% rule would is applicable.   Keith Weinhold  20:08   It's pretty rare. You know, if you do see, if you do see a property that has a full 1% rent to purchase price ratio, it could be in a sketchy area, you need to make sure that you can actually get the rent in like you would get a respectful rent paying tenant in there. That's something that we would have to look at more closely.   Kevin Bupp  20:08   Have you explored building new product? Is there an opportunity there getting at a lower basis by building ground up?   Keith Weinhold  19:42   You asked such a smart question. This is actually the first time ever, as long as I've been an active real estate investor, Kevin for more than 20 years where new build purchases for income property make more sense than existing purchases. Why is that? It's because builders know that investors and borrowers are struggling to buy and afford property and make the numbers work. Like you're talking about, that builders are incentivized to buy down your rate. For you, to buy down your mortgage rate, we deal with a lot of providers that buy down your mortgage rate to 5% or less for you, and this is a fixed, long term loan in order to help get the numbers to work. You know, especially where you might see a new build property where the rent to purchase price ratio is less than seven tenths of 1% and it's just like, ah, the numbers wouldn't work paying a higher mortgage rate, but some are willing to buy them down to as little as four and a half. However, if you're looking into buying a new build income producing property, you do want to look at that closely. Who is paying for the discount points to buy down the rate. Is it the builder, or is it you? Because some builders just suggest, hey, you can buy down. You can have your rate bought down. But yeah, the next question is, yeah, okay, who is actually doing the buy down? Yeah.   Keith Weinhold  19:43   I mean, just getting tacked on. I mean, in that instance, I'm assuming that a lot of it's just getting tacked on to the to the back end of the purchase price, or it's being baked into closing costs somewhere somebody is paying for it. More than likely the borrower is paying for it. Paying for it. Is that? Is that? Again, I'm assuming we probably have that here in Florida. Again, I don't really follow the residential market too much, but there's, as you had mentioned, like, kind of on the the outskirts of Tampa, the tertiary, necessary, tertiary, probably more secondary areas. That's where a lot of the builds are happening. Lots of these, you know, planned subdivisions. You know, hundreds and 1000s of homes being put up. And in my understanding, through the grapevine, is I hear that they're, you know, sales volumes is incredibly slow, and a lot of these builders are now offering some creative loan products, again, to what you've just stated there, to attract, not necessarily even just homeowners, but also investors, to come in and buy their product from them. Is, is there a real opportunity there, though? I mean, have you seen investors be able to benefit from buying brand new product at a fair price, with economics at work keeping as a rental?   Keith Weinhold  29:53   I have and Florida has some builders that are almost desperate. I'm a long time investor. Know personally, directly in Florida, income property, Southwest Florida, places like Cape Coral, they have been ground zero for real estate depreciation, a contraction in real estate values year over year of 10% or more in some southwest Florida markets. So like the post pandemic, migration boom is certainly over in Florida. And you know, Kevin, as little as 10 years ago, people used to talk about buy in Florida. It's cheap, it's sunny, cheap and cheerful, like you would sort of hear that sort of thing about Florida real estate. That is no longer true. Florida just is not as cheap as it used to be. It's the same or higher than the national median home price now in Florida. So yes, some builders are rather desperate. The other benefit of buying new build, especially in a place like Florida, where a lot of new building has taken place and the supply actually exceeds the demand here in the short period. You can take advantage of that, not only by getting the rate buy down, but because homeowners insurance premiums are substantially less on new build property, because they're built to today's wind mitigation and other standards than they are existing property. I have a friend that just bought a new Florida duplex through us in Ocala, Florida. That's sort of a central, North Central Florida, on that new build duplex that he paid 400k for. I saw the actual insurance premium, the the rate sheet, $694.06 $694 694 so the benefit of buying new build is you get a lower insurance premium. You get these rate buy down. Sometimes what your builder will buy for you make for you rather and of course, you're probably going to have low maintenance costs for a long time, since it's a new build property, and you get a tenant that is probably going to stay longer than the average duration. They're the first person to ever live there. It's difficult for the tenant to improve their housing situation when they have a new build income property, unless they would go out and buy, and it's a very difficult time to go out and buy. So through that lack of affordability, really, the advantage for a real estate investor is tenants are staying put longer. The average tenancy duration is up because they can't run out and be a first time homebuyer.    Keith Weinhold  32:32   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989, yep. Text their freedom coach directly. Again. 1937795898, 77958989   Keith Weinhold  33:44   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Todd Drowlette  34:17   this is the star of the A and E show the real estate commission. Todd Rowlett, listen to get rich education with my friend Keith Weinhold, and don't quit your Daydream.   Kevin Bupp  34:38   That even trickles down to the to the space that we're in. We're in the mobile home park space. And while we don't have a lot of rentals inside of our portfolio, most of our residents own their home and they rent the land, but throughout our portfolio, we have roughly 400 units that we own that we have as standardized rentals, and we've noticed that trend as well. Historically. 10 years ago, you. Yeah, we track actually about, I can take it back about eight years, where we actually have data to support this. This claim is that our average renter would stay about 16 months. That was fairly standard. Whereas today it's over, it's nearly three years. At this point in time, the majority are staying nearly three in there's probably, there's some variables in there. You know, eight years ago, we weren't bringing a lot of new product into our communities, whereas a lot of the mobile home parks that we purchased today do have a lot of newer mobile homes in them. So again, to your point, it's, it's a it's a newer home. It's fresh. There might not be the first person that lived there, maybe they're only the second, right? But it's still a very new home. It's only a couple years old. All the appliances are new. It's fresh, you know, it's well insulated, and it's just a high quality product, but, but it's nearly double of what we used to experience and what we used to underwrite. It's, you know, which is, which is interesting. You know, I am, I want to, I want to circle back, you'd mentioned Cape Coral. I've got quite a bit, quite a bit of experience with Cape Coral. This is not the first time that Cape Coral and Port Charlotte in those areas have crashed. I mean, like, they've got quite an interesting history in time, back during the GFC, that area down there took probably one of the biggest hits in most of Florida, while, you know, the rest of Florida got, you know, pounded pretty hard with home values and decreasing home values decreasing rents, Port Charlotte, Cape, coral, in those areas as well. It's just It looks very different down there today. As far as you know, the job basis. I mean, there's a little bit more of a, you know, you know, an economy than what existed maybe 1015, years ago. But I don't know if you know the story of Port Charlotte. Is it some interesting history that you can if you want to spend some time, go on YouTube. There's some documentaries out there about, basically when that area was created. There's a two brothers that, essentially, you know, sold, subdivided and sold swampland and sold the dream to the northeast centers to come down and buy, you know, parcels of land down in Cape Coral, port, Charlotte and in that general area. And it took a lot of time for it develop over the years, but it's a beautiful area down there. But again, I think what happened to your point? A lot of folks during the covid era were wanting to come to Florida. We were fairly free down here. The sun was shining, you know, the Gulf of Mexico was warm, and that was a good value for a lot of folks. You know, the values were driving up there. Was home inventory down there. You got a good bang for your buck back at that point in time. But again, there's not, there's not as much as many amenities and supportive economy there. And then to me, there, like you might find in the Tampa area, or you might find Orlando, or even Ocala cow is a phenomenal market right now. And yeah, oh, Cal is, for those that don't you know you mentioned, you referenced the insurance there, which is, that's a great, that's a great price for that, that policy, you know, 700 bucks, basically, that is inland. For those that don't know the geography here in Florida, that is inland. So you are fairly protected from storms, you know, hurricanes and things of that nature, which crush us here on the on the Gulf Coast. But in any event, I just thought I'd share that there's some good, pretty cool documentaries out there in Port Charlotte, in the whole area down there, but a beautiful part of the country. But just Yeah, it's, it's suffering right now. There's, I think there's, I was looking the other day on Zillow. I just play around and check and see what waterfront home prices are going for. And down there, you can basically get a you can get a canal front home going out to the Gulf of Mexico for about $500,000 which was probably closer to 800,000 during, you know, the the boom era of 2021 2022 So historically, we used to buy properties down there. This is back in 2000 and 345, before the the GFC, we could buy those same properties for 150 and $200,000 waterfront home, waterfront homes, deep water canals going out to the Gulf of Mexico. But when it crashed, some of those homes were selling for $120,000 $100,000 so it's interesting to see how things have come kind of full circle multiple times, not just down there, but in all of Florida as well. Florida is always boom and bust. You know, I think they say that with you know, you could probably speak to that most of these coastal towns, whether it be in Florida, whether it be up the eastern seaboard, the coastal markets are definitely more of a roller coaster ride than the Midwestern markets, where you invest in would you? Would you agree with that?   Keith Weinhold  39:09   Yeah, I would. And yeah, you talk about Florida being a boom and bust, and what you said is certainly true in the shorter term. Back in the global financial crisis, we saw more price blood letting in Florida than we did in other states as well. But over the long term, the long arc, I'm bullish on Florida because of just the obvious constant in migration story. In fact, if you go back to decennial censuses, all the way back to the early 1800s every single decennial census, every 10 years, the population of Florida has rose, and it rises faster than the national average, almost all of those 10 year periods. So yeah, over the long term, I certainly like Florida, but Yeah, you sure can, you know, nitpick over the. Short term, but as little as five years from now. If you bought today, as little as five years from now, I could see someone saying, like, yeah, I bought back five years ago, because we're actually in a in a short term, overbuilt condition, and builders bought down my rate. For me, this could look savvy and this could look wise. So if you're looking for opportunity, new building Florida is definitely something to look into.   Kevin Bupp  40:22    I agree. No, absolutely. Like, the long term, you know, opportunity here in Florida, it's there, you know, it's interesting. We've got the we get these hurricanes every year. Last year was a pretty impactful year, at least here on the on the Gulf side, and the neighborhood I lived in, we got flooded. Luckily, our homes in newer builds built up. But, you know, 70% of the neighbor I lived in had 444, or five feet of seawater. And as did the, you know, the long stretch of the Gulf Coast here, and it was the first time this area has ever this immediate air right where we live, has ever had a it wasn't even a direct hit. It just happened to be a massive storm surge. But it was, you know, catastrophic as far as the damage that it did. And a lot of folks that we knew in our neighborhood here. Have lived here for 1020, 3040, or 50 years, and they had never had any floodwater whatsoever. And and there was two camps where they fell in either one camp where they didn't, they whether they had the money to rebuild or not, didn't matter. Like, mentally, they were never going to end up. They were never going to deal with that again. They were moving away, like they just didn't want to go through the heartache of that again. In the second camp, we're basically, I knew it was going to happen at some point in time. This is the kind of price to live, to pay, a live in paradise and and what ultimately occurred is, you know, you saw homes going up for sale, and in the initial chatter for those that that were impacted, is that, who's going to buy that? You know? You know, they're not going to get hardly anything for it. You know, it's just like, who's going to want to live here now that has been flooded. I said, Just wait. I'll say people have us as human beings, have short term memories. We do and and I can promise you, within a few months, those homes will be gobbled up, some will be knocked down, some will be rebuilt, but inevitably, the prices will come back incredibly strong, and you'll see very limited inventory, at least in desirable markets that are here on the water. And that's exactly that happened. Within six month period of time, prices are back up. You can't get your hands on a flooded property now, or one that had been flooded, right?   Keith Weinhold  42:12   I can believe it. And this is not the way that you want to have a waterfront property when the water inundates you and comes to you, that is not the way to buy waterfront property.   Kevin Bupp  42:23   Yeah, interesting, but, uh, no, Keith has been a fun conversation, my friend. So let's, let's talk about, you know, I like to you'll peek inside your brain if you were going to start all over again, from scratch, you know, you've been at this now, what? How long? Almost two decades. It's been, been quite   Keith Weinhold  42:38   Yes, yes, more than two decades. Is that what you're asking, how would I start, starting from today?   Kevin Bupp  42:47   Yeah, like, what would you do? Where would you focus, what asset type and any particular strategy outside of what you're doing today? You know, where would you focus your time?   Keith Weinhold  42:55   Actually, it is quite a coincidence. The way that I would start all over again in real estate is the way that I did start in real estate. It worked out phenomenally, in a way it makes sense, because if it hadn't worked out phenomenally, you never would have heard of me, and I wouldn't have become this real estate thought leader or whatever, because this is a way, an everyday person with virtually no real estate knowledge and very little money. Can start out, what I did is I made the first ever home of any kind, a four Plex building where I lived in one unit and rented out the other three. This is something very actionable for your for your audience as well, Kevin. Or if maybe you're a listener that has a an adult daughter or son and they want to get started in real estate with a bang without much money, is to buy a four Plex, just like I did. You can use an FHA loan, a three and a half percent down payment. You have to live in one of the units at least 12 months, and at last check, your minimum credit score only needs to be 580 now you will get a lower interest rate if you have a higher credit score. But those are the only three criteria you need. I mean, what a country talk about? The American Dream. You can use that FHA program with a single family home, duplex, triplex or fourplex, that's the formula. That's how I began. Actually ended up living there a little more than three years. But what that did for me was remarkable, and in fact, you know what it taught me? Kevin and every listener can benefit from this. It's paradoxical. A lot of times I say things that you would not expect to hear that make you go, wait what? Whoa, how can that be? Is what it taught me is that I don't want to focus on getting my money to work for me. You probably wouldn't expect to hear that. It's actually a middle class paradigm to say, well, I don't want to work for money. I also want to get my money to work for me. I'm telling. You that that's going to keep you middle class, or worse, that's going to keep you working until old age, and you won't have an outsized life and retirement and options. If you think that the best and highest use of your dollar is getting your money to work for you, it's not what's the paradigm shift if this four Plex building taught me the way I started out, which is still the way that I would start out today, and you probably heard this before, but I'm going to put a new twist on it. Is you want to ethically get other people's money to work for you, and we can be ethical. We can do good in the world. Provide housing that's clean, safe, affordable and functional. Never get called a slumlord that way. You can employ other people's money three ways at the same time, ethically by buying an income property with a loan, like we've been talking about in Florida, or with this fourplex building. How do you do it three ways at the same time, using the bank's money for the loan and leverage, which greatly amplifies your return beyond anything Compound Interest can do. The second of three ways you're ethically employing other people's money is you're using the tenants money to pay for the mortgage and some of the operating expenses on this fourplex. And then the third way you're simultaneously using other people's money is using the government's money for generous tax incentives at scale. So the lesson is that the best and highest use of your dollar is not getting just your money to work for you, it's other people's money, in this case, the banks, the tenants and the governments. That's what you can do. I mean, what an opportunity. A lot of people just don't even know about that FHA program.    Kevin Bupp  46:41   Yeah, I actually, I wasn't, I wasn't aware that it was that low of a down payment key. That's no idea. Three and a half percent, you said, a 550 credit score, believe me, 580 minimum credit.   Keith Weinhold  46:51   And you have to, thirdly, you have to owner occupy a unit for at least 12 months. And hey, I'm not saying it's always easy. You know, you got to think about that. Your neighbors are also your tenants. And I don't know how to fix stuff. I still don't. I'm a terrible handyman, but it's good to learn a little about about human relations. And you know, letting finding a general way to let the tenants know that you have a mortgage to pay every month. I mean, just that alone can can help them ensure timely rent payments. But, and this also doesn't mean every area, or every four Plex building is is good, but, yeah, that's the opportunity. That's how I started. I would totally do it again.   Kevin Bupp  47:27   Can you use that FHA program more than once? Or is that just the one time you know your first, first, first primary home purchase?   Keith Weinhold  47:34   It's generally you can only use one at a time. There are some exceptions, like if you and your job move, like, a certain mile radius away from where you got the first one, but, yeah, generally it's only going to be one at a time. A lot of people don't use it. Don't know about it. In fact, if you have VA benefits, Veterans Administration benefits, you can get a similar program, like I was talking about, but zero down payment, rather than three and a half with an FHA loan. It's a really good, amazingly good opportunity.    Kevin Bupp  48:05   That's incredible. That's incredible. Keith, my friend, I appreciate you coming back going. It's always good to catch up with you. Good to see that you're doing well.   Keith Weinhold  48:17   Oh yeah, a terrific chat there with Kevin. I hope that you like that really. At our core, real estate investors are not day trading. We are decade trading. Now I'm in western New York today, at the other end of the state, NYU compiled some terrific statistics that you want to hear about for nearly the past 100 years. It is the annualized returns of six major asset classes. This spans, the Great Depression, a number of recessions, World War Two, the New Deal, gold standard, abandonment, brendawoods, the Cold War, Civil Rights Movements, oil shocks, Volcker rate hikes, the.com boom and crash, the 911, attacks, the housing bubble, covid, 19, AI revolution and 16 presidencies, all those ups and downs and war and peace and economic booms and economic lows, and now there is going to be a mild tongue in cheek element here, because stats like this drive real estate investors crazy, but this is often how mainstream media portrays asset class comparisons. All right, the six asset classes are stocks, cash, bonds, real estate, gold, and then inflation, which isn't in an asset class, but it's a benchmark. All of these begin from the year 1930 so spanning almost 100 years. Let's take it from the lowest return to the high. Best return the lowest is inflation. And what do you think the CPI inflation rate is averaged over the last 100 years? Any guess at all? You might be surprised. It is 3.2% Yeah, even though the Fed's CPI inflation target has long been 2% it runs hot longer than most people believe. So therefore, today's inflation rate isn't high, it's just normal. The next highest return is cash at 3.3% How did NYU measure that the yield from three months T bills? Next up is bonds. They returned 4.3% that's the 10 year treasury average of the last 100 years. The next highest is real estate at 4.7% that uses the K Shiller Index. Now we're up to the second highest. It is gold at 5.6% and the highest is stocks at 10.3% using the s, p5, 100, and this was all laid out in a brilliant chart that also shows the returns by each decade for all of these asset classes. You'll remember that I shared the chart with you in our newsletter a few weeks ago. Now you are smarter and more informed than the layperson is, you know, but they see this chart and they think, Oh, well, that's it. I've got my answer. Real Estate's 4.7% appreciation loses out to gold's 5.6 and stocks 10.3 and then they go back to watching Love is blind. But of course, rental property owners like us know that we often make five times or more than this 4.7% when we consider all those other income streams and profit centers, leverage, rents, ROA and inflation, profiting on our debt, it's often 25 to 30% total. It's sort of like judging a Ferrari by only measuring its cupholders or something. Now, would stocks 10.3% get adjusted up as well? Yeah, probably a little, because the s and p5 100 currently averages a 1.2% dividend yield, so that might be added on the 4.7% return for real estate. That cites the popular Case Shiller Index. And the way that that index works is that it uses a repeat sales methodology. So what that means is that the Case Shiller measures the sales price of the same property over time. Therefore a property would have to sell at least twice in order to be measured by this popular and widely cited K Shiller Index. So then the 4.7% appreciation figure excludes new build homes, and new builds appreciate more than existing homes, but you do have more existing homes that sell the new build homes, so we can pretty safely assume that real estate's long term appreciation rate is higher, likely between five and 6% there it is. So yeah, making comparisons across asset classes like this is pretty tricky, because investment properties leverage and cash flow gets nullified. And when you make comparisons like this, it's a big reminder that even if you can't get much cash flow off a 20 or 25% down real estate payment, sheesh, most people put a 100% payment into stocks, gold or Bitcoin, and they don't expect any cash flow. And Bitcoin isn't part of what we're looking at for this century long view, because it did not exist until 2009 and also NYU had to use some alternative statistics. Sometimes the s, p5, 100 index only came into being in 1957 and the Case Shiller Index 1987    Keith Weinhold  54:02   next week here on the show, I expect to answer your listener questions from beginner to advanced. You've been writing in with some good ones for the production team here at GRE. That's our sound engineer, Vedran Jampa, who has edited every single GRE podcast episode since 2014 QC in show notes, Brenda Almendariz, video lead, brendawali strategy talamagal, video editor, seroza, KC and producer me, we'll run it back next week for you. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  54:36   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Speaker 2  55:04   The preceding program was brought to you by your home for wealth building, get richeducation.com  

It's one richest sports in the world but it still needs to adapt to the times. F1 is now trying to appeal to a younger fan base through deals with Netflix and Lego.Plus it's trying to break that lucrative US market with races in Las Vegas and huge broadcasting deals. We hear from the key figures at F1 and from former F1 driver David Coulthard, who witnessed the end of tobacco sponsorship and saw the likes of Red Bull coming into the paddock.If you'd like to get in touch with the programme, our email address is businessdaily@bbc.co.ukPresented and produced by Victoria Turner(Image: Max Verstappen races down the Las Vegas Strip during the Formula 1 Las Vegas Grand Prix on 22 Nov 2025. Image credit: Getty Images)

Amazon is experimenting again. This week, we dig into our scoop on Amazon Now, the company's new ultrafast delivery service. Plus, we recap the GeekWire team's ride in a Zoox robotaxi on the Las Vegas Strip during AWS re:Invent. And in our featured interview, from the show floor, AWS Senior Vice President Colleen Aubrey discusses Amazon's push into applied AI, why the company sees AI agents as "teammates," and how her team is rethinking product development in the age of agentic coding. RELATED STORIES Stars on the ceiling, Cher on the speakers: Notes from our first ride in Amazon’s Zoox robotaxi Groceries in a flash: We tested ‘Amazon Now’ in Seattle — and got our delivery in 23 minutes AWS CEO Matt Garman thought Amazon needed a million developers, until AI changed his mind With GeekWire co-founders Todd Bishop and John Cook. Edited by Curt Milton. See omnystudio.com/listener for privacy information.

Send us a textTen days of rodeo action starts now! Las Vegas is hosting NFR again and we have so much going on. There's entertainment, activations, experiences, food and hat pop-ups and more. We talk with Tracy Renk from the Professional Rodeo Cowboys Association.Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. VegasNearMe App If it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

The Worst Mass Shooting in U.S. History: A Retired Las Vegas Police Officer Shares His Story. On October 1, 2017, the world witnessed the deadliest mass shooting by a lone gunman in American history. More than 22,000 people were gathered for the Route 91 Harvest music festival on the Las Vegas Strip when gunfire erupted from the 32nd floor of the Mandalay Bay hotel. In just ten minutes, a 64-year-old attacker fired over 1,000 rounds into the crowd, killing 60 people and wounding hundreds more. The total number of injured would eventually rise to approximately 867 as panic swept through the venue. The powerful episode is streaming for free on the Law Enforcement Talk Radio Show and Podcast website, on Apple Podcasts, Spotify, YouTube, and most every major Podcast platform. For many, the details of that night came through breaking news on Facebook, Instagram, and other social media platforms. But for the officers responding to the scene, including Retired Las Vegas Metro Police Captain Josh Bitsko, the horror unfolded in real time inside the hotel. Law Enforcement Talk Radio Show and Podcast social media like their Facebook , Instagram , LinkedIn , Medium and other social media platforms. A Night That Changed Las Vegas Forever The shooter had meticulously prepared his vantage point: two adjoining suites, 24 firearms, thousands of rounds of ammunition, and high-capacity magazines. Fourteen of the rifles were .223-caliber semi-automatic weapons; others included .308-caliber rifles and a revolver. Investigators would later confirm that the gunman fired 1,058 rounds, 1,049 of them aimed toward the festival grounds from nearly 500 yards away. The Worst Mass Shooting in U.S. History: A Retired Las Vegas Police Officer Shares His Story. Look for supporting articles about this and much more from Law Enforcement Talk Radio Show and Podcast in platforms like Medium , Blogspot and Linkedin . Shortly before the attack began at 10:05 p.m., a Mandalay Bay security guard discovered a barricaded door on the 32nd floor. Moments later, he was struck by gunfire through the shooter's door and was able to radio the hotel for help even while wounded. A maintenance worker also encountered the danger and helped relay the message: this was no routine call, someone was firing rapidly and indiscriminately. Meanwhile, concertgoers below initially mistook the gunfire for fireworks. But as bursts of 80 to 100 rounds echoed across the Las Vegas Village fairgrounds, panic set in. The crowd struggled to escape the fenced-in venue as bullets rained from above. Available for free on their website and streaming on Apple Podcasts, Spotify, Youtube and other podcast platforms. The shooter paused only briefly during reloads and while confronting the security guard. By 10:15 p.m., the gunfire had stopped. The suspect then turned his revolver on himself. Inside the 32nd Floor: Captain Josh Bitsko's Experience Amidst early confusion, reports of shots from multiple hotels, uncertainty about the shooter's position, police officers made their way to the Mandalay Bay. At 10:17 p.m., officers reached the 32nd floor. Guided by the wounded security guard, they began clearing rooms one by one while evacuating terrified guests. The Worst Mass Shooting in U.S. History: A Retired Las Vegas Police Officer Shares His Story. Retired Captain Josh Bitsko, then a sergeant, was one of the officers who ultimately breached the shooter's room. Between 10:26 and 10:30 p.m. Using explosives, Bitsko and his team entered Room 32–135, where they found the shooter deceased from a self-inflicted gunshot. The Law Enforcement Talk Radio Show and Podcast episode is available for free on their website , Apple Podcasts , Spotify and most major podcast platforms. Bitsko would later supervise another officer-involved shooting just weeks afterward, a separate critical incident involving a double-homicide suspect. Both events left lasting emotional impacts and deepened his understanding of trauma within law enforcement. Beyond the Headlines: Leadership, Trauma & Resilience Today, Josh Bitsko shares his experience through his book, The Courage to Live, an exploration of leadership under pressure, surviving trauma, and finding clarity in moments of chaos. In it, he opens up about the realities of critical incidents and the therapy journey that helped him process the weight of his police career. He also founded Bitsko Consulting, where he leads high-impact tabletop training designed to prepare agencies for real-world emergencies. His programs focus on communication, decision-making under stress, leadership development, and understanding operational gaps before the next crisis hits. Grounded in decades of frontline experience, his instruction combines personal stories with practical tools, giving students immediately usable insights and a deeper sense of mission. The Worst Mass Shooting in U.S. History: A Retired Las Vegas Police Officer Shares His Story. His interview can be found on The Law Enforcement Talk Radio Show and Podcast website, on Apple podcasts, Spotify, Youtube and on LinkedIn, Facebook, Instagram, and across most podcast platforms where listeners crave authentic law enforcement stories. A Story Shared Across Platforms Josh's story and the deeper lessons from One October continue to be shared through interviews, social media, and podcast platforms. Listeners can find conversations about his experiences on major outlets including: The Law Enforcement Talk Radio Show and Podcast website Apple Podcasts Spotify YouTube Facebook and Instagram LinkedIn The Route 91 Harvest tragedy remains one of the most defining moments in modern U.S. history, a night that reshaped national conversations about public safety, policing, mental health, and resilience. Through voices like retired Captain Josh Bitsko, the public continues to gain critical insight into what happened on the 32nd floor and what it takes to lead with courage during the unthinkable. The Worst Mass Shooting in U.S. History: A Retired Las Vegas Police Officer Shares His Story.  The full podcast episode is streaming now on Apple Podcasts, Spotify, and across Facebook, Instagram, and LinkedIn. Find a wide variety of great podcasts online at The Podcast Zone Facebook Page , look for the one with the bright green logo. Be sure to check out our website . Be sure to follow us on X , Instagram , Facebook, Pinterest, Linkedin and other social media platforms for the latest episodes and news. Listeners can tune in on the Law Enforcement Talk Radio Show website, on Apple Podcasts, Spotify, YouTube, and most every major Podcast platform and follow updates on Facebook, Instagram, and other major News outlets. You can find the show on Facebook, Instagram, Pinterest, X (formerly Twitter), and LinkedIn, as well as read companion articles and updates on Medium, Blogspot, YouTube, and even IMDB. You can help contribute money to make the Gunrunner Movie . The film that Hollywood won't touch. It is about a now Retired Police Officer that was shot 6 times while investigating Gunrunning. He died 3 times during Medical treatment and was resuscitated. You can join the fight by giving a monetary “gift” to help ensure the making of his film at agunrunnerfilm.com . Background song Hurricane is used with permission from the band Dark Horse Flyer. You can contact John J. “Jay” Wiley by email at Jay@letradio.com , or learn more about him on their website . Stay connected with updates and future episodes by following the show on Facebook, Instagram, LinkedIn, their website and other Social Media Platforms. The Worst Mass Shooting in U.S. History: A Retired Las Vegas Police Officer Shares His Story. Attributions Bitsko Consulting Wikipedia Amazon   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Keith discusses seven ways to get a lower mortgage rate, emphasizing the historical impact of the 1940s GI Bill on homeownership and wealth creation.  Caeli Ridge, founder of Ridge Lending Group, digs into smart tactics like adjustable rate mortgages, DSCR loans, and down payment options, plus insider tips on boosting your creditworthiness, timing your rate lock, and planning ahead so you can maximize your returns.  They also explore trends like 50-year mortgages and portable mortgages, and the benefits of FHA and VA loans for first-time buyers.  Resources: Want expert guidance on your next real estate investment or mortgage? Reach out to Ridge Lending Group for personalized support and a full range of loan options—whether you're a first-time buyer or seasoned investor. Visit ridgelendinggroup.com or call 855-74-RIDGE to take your next step! Episode Page: GetRichEducation.com/582 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com or text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, seven ways you can get a lower mortgage interest rate. We'll break them down loan types available to you that you never heard of, and learn how the 1940s GI Bill shaped the mortgage that you get today on get rich education   Speaker 1  0:22   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:07   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. You Keith,   Keith Weinhold  1:23   welcome to GRE from the Romanian Black Sea to the Egyptian Red Sea and across 188 nations worldwide. I'm Keith Weinhold, and this is the indefatigable get rich education before we discuss the seven ways that you can get a lower mortgage rate and more in the 1940s before my dad was born, the GI Bill gave veterans returning from World War Two access to cheap home loans, and that single policy decision might have done more to shape the modern American Housing landscape than Anything else in the last 100 years. Think about it, millions of young men, almost kids, really had just spent the better part of their early adulthood in Europe or the Pacific. They came home, married their sweethearts, started families, and suddenly America had this booming demand for housing, but demand alone doesn't build homes. You also need money. You need access to credit, and that's where the GI Bill stepped in. It didn't just thank returning service members for their sacrifice. It handed them something way more powerful, the ability to buy a home with little money down a low interest rate and underwriting standards that would frankly look like a fantasy today, that access to credit sparked one of the biggest housing booms in American history. You had these entire suburbs that sprang up overnight, Levittown in New York, Lakewood in California. These were master planned communities, and they really became a blueprint for Post War America. We had the booming 50s, and this had a lot to do with it. Here's the part that most people don't understand. This wasn't just about housing. This was about wealth creation, because for better or worse, home ownership has been the primary wealth building vehicle for the American middle class these past 100 years, when you give millions of people a subsidized path into property ownership, you're not just giving them a roof. You're giving them equity appreciation, leverage, tax benefits. You're giving them the engine, this flywheel that spins up generational wealth in a lot of ways. The GI Bill is the earliest institutional example of what I at least tell you here on the show, real estate pays five ways. Now they didn't call it that in 1947 but that's exactly what it was. Veterans earned appreciation as suburbs grew. They had amortization working for them, they collected tax advantages. Inflation slowly eroded their fixed rate mortgage balances too. And here's the thing, these weren't even speculative investments. They were homes that they lived in. Now, of course, the GI bill wasn't perfect. It expanded opportunity for millions of people, but it excluded a lot of people too. Lenders and local governments often blocked black veterans and other minorities from accessing the same benefits. That's a whole story unto itself, but the takeaway for today is, when you combine demographic momentum with favorable financing, you can remake a nation, and that's why housing policy still matters today, which we'll get. Two shortly, when you change access to credit or just tweak it, you change the trajectory of families and markets for generations, and the GI Bill proved that. So when we talk about interest rates, affordability, supply shortages, or any of the high frequency housing data that we cover here, remember that the stories aren't just about numbers. They really are about people. They're about giving ordinary Americans the chance to build wealth the same way that those World War Two veterans did through ownership, stability and the quiet compound leverage, not compound interest. Compound leverage that real estate delivers over time.    Keith Weinhold  5:49   I'm bringing you today's show from, I suppose, a somewhat exotic location. I am inside Caesar's Palace, which is right near the very middle of the famed Las Vegas Strip, that's where I'm at. The hotel staff is always accommodative of the show setup. This might seem a little strange to you, because I'm not a gambler. The reason I'm here is that my brother lives 25 minutes away, and I've been with him during Thanksgiving. Next week, I'll bring you the show from Buffalo, New York, and then two weeks from now, I have something heart warming to tell you about that, and it is a real estate story. I'll be broadcasting the show from upstate Pennsylvania. I'll be there to visit my parents. My brother's also coming in from Nevada to be there. That's where the four of us, mom, dad, my brother and I will sit around the same dining room table in the same kitchen of the same home that my parents have lived in since the 1970s nothing has changed, and all four of us know our spots at the table. And actually, it's not even called the dining room table. It is the supper table, as my parents call it so, from flashy Caesar's Palace today to Buffalo and then to Appalachian simplicity in Pennsylvania, the stability and continuity of my parents living in the same home and four wine holds sitting around the table during the holidays, it is so rare. I imagine less than one or 2% of people can do this. I'm just profoundly grateful and proud of Kurt and Penny Weinhold for being the best, most stable parents I could have asked for. It's almost too much to ask, and if you don't have that in your life. Ah, you can do something about that. You can provide the same decency and stability for your children.    Keith Weinhold  7:50   Let's talk about seven proven ways you can get a lower mortgage rate with this week's terrific guest. Though, we'll focus on investment properties. A lot of this applies to primary residences as well.   Keith Weinhold  8:07   We are joined by the founder of the lender that's created more financial freedom for real estate investors than any other mortgage originator in the nation, the eponymous Ridge lending group. And though that sounds impressive, my gosh, she didn't even need that introduction for you the listener, because she's one of the most recurrent guests in show history. Welcome back to GRE Caeli Ridge,   Caeli Ridge  8:30   I am delighted to be here as always, Keith, thank you for your support and acknowledgement. I love what you do, and I'm hoping that I can bring more value today to your listeners in what it is that we do, educating the masses, right?   Keith Weinhold  8:42   You've been doing that here for about 10 years. And yes, we're talking about a woman with a reputation for writing emails in all caps, yet still maintains a great relationship with everybody. I mean, congrats, shaile. I couldn't possibly pull that off myself.   Caeli Ridge  8:58   Thank you, Keith. And you know, I'm going to stay by my all caps, man, it's a speed thing. It all boils down to the number of seconds in the day that I can just move quickly through an email. Yeah, I love my all caps.   Keith Weinhold  9:09   Apparently recipients are still replying, well, you can get a lower mortgage rate in at least seven ways. You can get an adjustable rate mortgage, do a midweek lock in, negotiate seller credits. Have a high credit score. Do a two one buy now, which is kind of old school, but some home builders are using it boost your DTI or buy now, not later. Those are some of the strategies for lowering your mortgage rate. What are your thoughts with regard to that?   Caeli Ridge  9:39   I think all of those are viable. I would just say on the adjust for a mortgage. The pushback I would give there is, is that for residential property, specifically, single family, up to four units, we are not finding that spread between the arm and a 30 year fix. We've been the industry as a whole, secondary specifically been on the inverted yield. Now this gets a little tough. Nickel, and I won't go down that rabbit hole, but 08, 09, the housing and lending crash created an environment within secondary markets where an inverted yield has made a 30 year fixed mortgage more favorable in the rate department. Now that's not always going to be the case. I am a huge fan of the adjustable, but what would work right now is an adjustable with the all in one not to take too much time on that topic, but that would be an adjust rate mortgage that I think would save interest or reduce the rate of which interest is accruing,   Keith Weinhold  10:30   the all in one loan, which we discussed extensively back at the beginning of this year here on the show. Long term, though, I have seen adjustable rate mortgages work for a lot of people, because really, the compelling proposition of the arm is that it guarantees that you get a lower rate in the near term, and yet there's only a chance that you're going to have a higher rate in the long term   Caeli Ridge  10:53   and further. Let's I mean, let's dissect that a little bit. I am a huge proponent. I love an adjustable rate mortgage when the arm is pricing a half or a full percentage point plus over a fixed especially for non owner occupied and the reason for that is, and this is statistically speaking, feel free to look this up, guys, the average shelf life of a mortgage for an investment property is about five years. Great point, right? And we know that if that's the case, right, we're refinancing to harvest equity. We're refinancing maybe to reduce an interest rate from where the market was before, et cetera, et cetera. So that would be the first thing I would say. And then also remember, you guys the first 10 years of an amortized mortgage, 30 year fixed, amortized mortgage, how much of that payment is going to the principal? Because people will often push back by saying, well, either an interest only, or an adjustable and what happens if it changes or it goes up? Most of your payment is going to the interest anyway, and that reset to harvest equity. Borrowed funds are non taxable. We always say that, right? I think it's fully justified. So I love an arm, I just don't know, in comparison to a 30 year fixed today, like a five year ARM versus a 30 year fixed we are in a place that it makes sense, but normally, to your point, absolutely. Fan   Keith Weinhold  12:06   that spread needs to widen for the arm to make more sense. What about doing a mid week rate lock in? Is that a thing?    Caeli Ridge  12:13   Yeah. And you know, I don't have any empirical evidence here. Okay, I don't have any data points that actually prove this, except for 25 years in the business and locking loans every day of my life. There's something about a Monday and a Friday. And I have some conspiracy theories. I don't know that. I it's necessary to share them here, but midweek locks tend to be more favorable in both points and interest rate than you'll find on a Friday and a Monday. I think largely it has to do with, you know, the stock exchanges shutting down for the weekend, right? You got a Friday, you got two days in between. You got foreign markets, and all the things that can explode and happen during that amount of time. So I think they hedge a little bit. So on Friday, going into the weekend, I think that there's something about that and why interest rates are a little less favorable. And then Monday, of course, coming off the weekend, similarly, maybe there's some truth to that too.   Keith Weinhold  13:02   Now, negotiating seller credits has really been a trend to help with affordability. Tell us about specifically what you're seeing there, what's common.   Caeli Ridge  13:11   So we're talking to investors. I can tell you that the loan products you guys are going to have access to are going to cap you, okay, you're going to cap at, per guideline, 2% of the purchase price. Okay, remember that your points that you're paying when you get into locking an interest rate are going to be calculated on the loan size, all right. So the first thing to know is seller paid closing costs, maximum is going to be 2% per underwriting guidelines. That 2% is based on your purchase price. Anything that you're paying points for is going to be on the loan balance, the loan size, so there's going to be a little extra there for you that can contribute or can pay for some other closing costs, right, depending on the numbers. Now, if you're smart enough, or lucky enough, or whatever, the market is viable enough that you can negotiate more than 2% from the seller to pay towards closing costs, you're going to be limited on what you can do on the loan side. But let's say that you go and you've negotiated 4% seller will pay 4% towards your closing costs. Then in that case, you can reduce, you got the two points that you're allowed per guideline. And then you can reduce the purchase price by the difference you don't want to leave that money on the table.   Keith Weinhold  14:15   That's how it's done. And then there's just simply having a higher credit score. What's the highest credit score that really helps you get the lowest mortgage rate for both primary residences and non owner occupied properties. Loan product   Caeli Ridge  14:29   type dependent. But I would say overall, 760 and above is kind of that threshold. There are products that go 780 maybe even on the rare occasion, 800 and above. If I had to pick a number as the absolute pinnacle, I'm going to go 780    Keith Weinhold  14:41   All right, so having a credit score above those thresholds really doesn't help get you a lower interest rate. It's really just a little flex that you've got an 811, credit score, or whatever it is. Now the two, one buy down. That's something that we used to see long ago. A few home builders are bringing it back. And what that does it allow? Homebuyers to pay a lower interest rate for the first two years with the seller covering the difference, and that allows the seller to get their price. They don't have to lower the price of the home at all. But the two one buy down, and you see that written, two, one that has been employed more recently. Tell us about that.    Caeli Ridge  15:18   Well, the builders are struggling in some cases, right? The affordability buzzword is all over the place. So they've had to get creative and find ways in which they can move their inventory. So I think they've done a good job at kind of shaving off some of their margins to satisfy or improve the terms for the consumer. So I like the two. One, if you can get it   Keith Weinhold  15:37   now, one can boost their DTI as well their debt to income ratio and Taylor. When we've talked about that before, we've usually talked about reducing your debts in order to improve your DTI. However, a lot of people don't think about the fact that, oh, well, you can increase your income that lowers your DTI to help you qualify. So tell us what is the max DTI that you can have   Caeli Ridge  16:00   maximum debt to income ratio, in most cases on a full dock loan is going to be 50% now, depending on the type of income that you earn or that you've demonstrated, how you calculate that can get a little bit tricky. But if you're just a straight w2 wage earner, we don't have, you know, commissions or bonuses or anything that we consider variable income, then you just take your gross income times 50% whatever that number is, all of your liabilities on the credit report, we do not count ordinary living expenses like food and gas and utilities and cell phone bills. It's the minimum payments on the credit report. As long as whatever that add up is fits within that 50% you're good to go.    Keith Weinhold  16:37   Now, when it comes to improving our DTI to get a lower mortgage rate, I tend to think it's easier to knock out some debts to improve your DTI. But what about the other side of it? What about increasing your income to improve your DTI, lower your mortgage rate and qualify? Can you talk about some of the strategies for increasing your income with respect to DTI?    Caeli Ridge  17:02   Absolutely. And the biggest one, I think that we probably want to focus on most is going to be on a schedule E, right? That's the one that you're going to have more control over. So when we talk about rental income and how we might be able to boost that first, it might be important to share that there are two ways in underwriting that we will calculate or quantify rental income. The first way is called the acquisition year formula. I'll give you that in just a second. It's very easy, but the way I think we focus on here, because acquisition year is going to be what it is, you're going to have very little ability to manipulate or change that once our rental properties fall on our tax return, specifically the Schedule E of a federal tax return, you as the taxpayer or the borrower are going to have some access to maximize or increase the income, or, let's actually get a little bit more granular there to maximize the gain or minimize the loss, by means of depreciation, maybe a cost seg, maybe we make sure that one time, extraordinary expenses are demonstrated on the tax return in the appropriate way so that underwriting can add those things back. So I know that this sounds technical, but the scheduling is the way that I would say is the easiest for an investor to maximize income, reduce debt to income ratio. And I will close by saying that ridge lending, I think one of our most valued value adds is the ability to help our clients look at their draft tax returns on an annual basis and present them with, Hey, listen, Mr. Jones, if you file this way, this draft tax return, if it files this way, this is what it means to your debt to income ratio. Here's my advice, right? We go into a lot of depth there with our clients.   Keith Weinhold  18:39   That is a smart, long term planning piece that most mortgage companies are not going to give you. They're not going to be forward looking, looking out for your next three years of growing your income property portfolio. And shortly, we'll talk about a way for you to qualify loans where you don't have to show tax returns or W twos or pay stubs. But while we're talking about how to get a lower mortgage rate and some creative ways to do that, I brought up, buy now, not later. And what do I mean by that? What I mean is say, properties appreciate even 3% over time. Buying now, I mean that is going to net you more equity if you buy now rather than waiting, than it would in the savings from a rate drop, when you look at the appreciation run up, however, if rates go up, then you get both the lower price and the lower rate by buying now, not later.   Caeli Ridge  19:32   And I would add to that, we have to remember that in addition to a very modest 3% in the home appreciation, we should be appreciating our rents at even a modest 2% a year, right? Depending on where you are, et cetera. I know that there's exceptions to the rule. And then finally, we got to add in that tax benefit, what you're going to get in your deductions, et cetera, et cetera.   Keith Weinhold  19:51   Yeah, great point. Well, I brought up seven ways that you can get a lower mortgage rate. Can you share a few more with us? Some common ones? Because I know. That almost everyone that calls in there wants to inquire about mortgage rate as well.    Caeli Ridge  20:03   Everybody wants, yep, everybody wants to talk about the rate, despite my vervet opposition to say, do the math. Do the math. Do the math. You know, the easiest one there would be buying down the rate. I'm going to try and formulate an example. Let's say you've got a really high wage earner and in the thick of their earning years, and they're trying to prepare for retirement down the road. It's a longer term burn. They desperately need tax deductions, and the deal that they're looking at, yeah, it's okay, but they want some extra expenses on the Schedule E, maybe they buy the rate down by three even 4% because points on an investment loan transaction are tax deductible, so that might be something, and they obviously benefit from the lower interest rate. Now I may push back on this, and I think again, I know I sound like a broken record here, but we really need to do the math. What are we getting versus what are we giving up to get a 6% or five and a half percent interest rate? What does that mean in real, tangible cost, and what's that? Break even? It's actually a fairly simple calculation. When you just divide the difference in what you're getting versus what you're paying for, and that'll give you the number of months that it takes to recapture the incentive versus the expense. But that would be the easiest one. Keith, I would say buying down points, using paying additional points to get that lower interest rate,   Keith Weinhold  21:20   buying down your rate. It could feel good in the short term, but it's often not the best long term or even intermediate term move when you do the math, as you always like to say, well, you the listener here, you know that you can qualify for mortgage loans, for rental properties without needing a w2 without needing a pay stub and without even needing to show tax returns, because you need all those things for a conventional loan, but for a DSCR loan, debt service coverage ratio, you don't. So talk to us about the pros and cons of a DSCR loan versus a conventional   Caeli Ridge  21:53   loan. Okay? And I've got a hook here too, because I think the listeners are gonna be very, very pleased to hear at the end of this statement, what's happening with DSCR in conjunction or comparison, rather to the conventional so DSCR everybody means debt service, coverage ratio. It's a very simple formula. We are going to take the gross rents and divide it by the principal and interest and taxes and insurance and association. If it applies, that's it.   Keith Weinhold  22:18   $1,000 in gross rents, $800 in p i, t i, that yields a DSCR of 1.25 Correct?   Caeli Ridge  22:25   Yes, you're absolutely right. The one that I use as I, just to keep it simple, is 1000 rents, 1000 piti. That's a 1.0 right? As long as the gross rents are equal or greater than the p i, t i, you're going to be in a position to get the more favorable rates. Now that's not to say that we can't go below a 1.0 ratio. You can actually have a property, we have products that will allow the DSCR to be a point seven five. That would mean, in this scenario, if you had rents, gross rents of 750, and the piti was 1000 you can actually get that loan done. That is allowed. The rate gets a little bit hairy. So more often than not, we're at the 1.0 and above. So this is just a really great way for investors who are either recently self employed, maybe they're adjusted gross, they just write everything off for reasons that you can imagine. Why? Right? They don't want to pay the taxes. It could be 100 different reasons. The DSCR option is such a great solution to provide a 30 year fixed mortgage same same similar leverage, if not sometimes even better than a Fannie Freddie, than a conventional loan, you can usually leverage a little bit more, in some cases, on a DSCR like a two to four, for example, two to four unit residential property, Fannie Freddie, they kind of cut those loan to values a little bit, and the DSCR loans don't care about that. So you can get the same leverage as a single family would in a DSCR. The only other primary difference is these DSCR loans are going to come with prepayment penalties. Typically, the standard is about three years, but we're usually not refinancing in the first 36 months. Anyway, if you know that that's applicable to you, then you'd have to buy the prepay down or out, which you can do otherwise. DSCR is amazing. Oh, and I'll give you the little hook here. So something I have observed this is maybe very recent 4550 ish days, the margin for interest rate difference between conventional and DSCR is really starting to narrow. DSCR products are really performing well, and that interest rate improvements that we've been seeing for those products is not far off from what the Fannie Freddie's are, and I've even seen examples where DSCR beats a 30 year fixed Fannie Freddie rate. Now those are for the higher loan amounts. I can explain if you want, but otherwise, that's good news.   Keith Weinhold  24:36   Okay, this is really good news. It's a time in the cycle where dscrs could very well make sense for you without that huge documentation Shakedown that you need with W twos and pay stubs and everything else. There are a lot of nascent trends in the mortgage industry, and we're trying to separate some of them from being rumors, from being something that can truly happen. We're talking about 50 year mortgages and poor. Affordable mortgages. More on that. When we come back, you're listening to get rich education. Our guest is Ridge lending Group President, Chaley Ridge   Keith Weinhold  25:07   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program. When you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest, start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre, or send a text now it's 1-937-795-8989, yep, text their freedom. Coach, directly, again. 1-937-795-8989,   Keith Weinhold  26:18   The same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President Chaley Ridge personally, while it's on your mind, start at Ridge lending group.com, that's Ridge lending group.com   Dana Dunford  26:50   this is hemlanes co founder, Dana Dunford. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.    Keith Weinhold  26:58   welcome back to get rich education. We're talking with Ridge lending Group President and Founder, Chaley Ridge about how you can get lower mortgage rates, and also about some trends in the industry, separating what's really a rumor in what could really happen squaring on 50 year mortgages and portable mortgages, those are both things only being discussed by the administration to help with affordability. FHFA Director Bill Pulte created some jarring news recently when he publicized this. What are your thoughts on the 50 year mortgage?    Caeli Ridge  27:39   You know, on a primary residence basis, I'm not so sure I need to maybe put some more thought into that. But for an investment property, I love it. Man, anything to keep that payment down so that, because, remember, we talked about earlier in the show here the percentage of mortgages, let's just use our 30 year fixed for a second that for a rental property that start on day one and then stroke a check 360 times later to pay that to zero. Is a fraction of a percent right? We are refinancing these things. We are selling them and doing 1031 exchanges. So anything that can keep my cash flow higher and my payment lower, I am all for it. Now, the people that push back and say, Well, I want to pay off my mortgage in 15 years. I don't want to pay extra interest, you are welcome to do that. So there's a second piece to this that I think is equally as important as maximizing cash flow, and that is your qualification. All right, if this comes to pass, and right now, it could just be noise, okay, and I'm speaking specifically for investment property, but if this is available to us, the debt to income ratio component, because think about it like this. So I'm going to keep using my 15 year and my 30 year, because that's kind of what we understand. The payment difference between a 30 year 360 month and a 15 year 180 month can be substantial depending on the loan size. I mean, it can be hundreds and hundreds of dollars for the individual that is dead set and say, I don't want to pay the higher interest. I want to pay these things off. We may have arguments about that whole strategy to begin with, but overall, if they still want to do that and that's their decision, Fine, take the 30 year fixed payment. Take the 30 year fixed mortgage. Apply the difference. You can figure out that payment difference very easily. Apply it religiously. Every month. You will cross the finish line in about 15.4 years. Download an amortization calculator online. You can find them everywhere. Plug in your numbers, and you'll see what I'm talking about. If you were to do this, let's say the difference is 200 bucks a month, and you send it in every month with your 30 year fixed mortgage payment, you will cross the finish line to pay that thing off in about 15.4 years. So yes, you'll pay a few extra months of interest. But what have you done to your qualifications, right, your payment now on your debt to income ratio, when we're looking at this thing for a future optimization, never take the shorter term amortization, ever, ever, ever, you won't pay the higher interest that the 30 year or the 50 Year will probably come with because you've accelerated the payoff so long, if that's your choice. Now for everybody else that really wants. To maximize that cash flow. And they get that, they're going to be refinancing this every five, six, whatever it is, years take it, man, I am all for the longer term amortization on a rental.   Keith Weinhold  30:10   I agree with you. I even like the 50 year on a primary residence, but yeah, Chaley, right here on the show, several weeks before Bill Pulte made the announcement, I actually talked about the 50 year mortgage and compared it to the 30 and the reasons that I like it because I knew there was a chance it could be coming, since this administration is trying to do so much to help out with affordability, people buy based on a payment, not a price that lowers the payment. A 50 year mortgage helps you benefit from inflation, and there are a lot of other advantages that have to do with that, although you probably are going to pay a higher interest rate on a 50 than you would a 30. And you know, Chaley, when the 30 year mortgage had its Advent just after World War Two, I'm going to guess 75 years ago, people were having this same conversation like, oh, 30 years, my gosh, you're never going to pay off the home. And really, that's not what it's about.    Caeli Ridge  31:01   Not at all, not at all. And remember, you guys, I would encourage everybody listening to this to actually go get that amortization table and see how much interest is baked in and how it is applied and paid. It is the back end of any of these amortized mortgages where the principal actually starts to get applied in a meaningful way. The 50 year mortgage, or the longer term amortization is a huge advantage. I'm speaking for investors. Mostly. I love it.   Keith Weinhold  31:26   Some people say, are you nuts? Look at how much more interest you're paying over the life of the loan on a 50 year mortgage versus a 30 year mortgage. We already touched on that you're not going to keep that loan for the life of it, and if you just take the difference from the lower payment that a 50 Year gives you, and invest that in 8% return, you are going to crush 2x to 3x oftentimes, what the paltry interest savings are over several decades,    Caeli Ridge  31:26   and somebody else is making that payment right. We have tenants that are responsible   Keith Weinhold  31:47    100% and then there's something that I don't know if portable mortgages would fly. And what this means is that when borrowers move, they could keep the rate, keep their term and keep their lender, presumably for the new home you might have seen it in the news. You the listener that Fannie May remove the minimum credit score requirements from desktop underwriting. And Chaley, I think you let me know elsewhere that those changes don't affect non owner occupied, but of course, it could affect the broader housing market in pricing. What are your thoughts about lowering the credit score requirement   Caeli Ridge  32:28   so similar to the portable stuff, until it really reaches mainstream and it affects the non owner occupied I'm not deep diving into those things. The basis of it, though, is, is that, yeah, they're removing that minimum credit score requirement from a du underwrite that stands for desktop underwriter, as you said, that is Fannie Mae's sophisticated, automated underwriting system, and I think it's just going to give more eligibility to lower income households and people trying to become homeowners that have found the barrier for entry very restrictive because They have credit issues.    Keith Weinhold  33:00   Well, let's talk about FHA and VA loans, something that we have rarely, if ever touched on. Our listeners know that I started out making my first ever property of any kind, an FHA loan with three and a half percent down on a fourplex, living in one unit, renting out the other three. Tell us about some trends there in FHA and VA loans   Caeli Ridge  33:21   we actually just did house hack campaign. We did a webinar on it, co living, all those different ways in which, you know, the younger generation, especially, and this is true for anyone. I don't want to pigeonhole it, can get themselves into home ownership and propel them into the real estate investing as an asset class. I am such a big fan of this model, in this strategy, for anybody that's interested and willing to kind of coal mingle or habitat, like you did a four Plex at three and a half percent down, you've got three tenants that are making your mortgage payment. VA, likewise, any of the Gubby loans, which include VA, FHA, USDA, you can get high, high leverage and up to four units. So I'm a huge fan of that. And then the CO living is another thing that I think is not quite mainstream, but I think it's gaining steam    Keith Weinhold  34:09   for those that don't know what we're talking about, you can use an FHA loan with a three and a half percent down payment, as long as you live in one of the units, your credit score can even be pretty low, and you can do that with a single family home, duplex, triplex or fourplex. You can get those same benefits with a VA loan and zero down   Caeli Ridge  34:29   USDA also zero down if you're in the right zip code. How does one qualify for a USDA loan? You know, there's a website I would have you check out. We don't do a ton of those. We have the ability, of course, but there's income restrictions and all of this. They've got, actually, a pretty slick website where you can go online, type in the zip code, make sure it's in a rural area, what your income is. There's all these inputs, and it'll tell you if you'd be a candidate for it. But yeah, it's good. Rates zero down. I like the product.   Keith Weinhold  34:56   Well, there have been a lot of newsy items when it comes. Comes to mortgages. Caeli and I think we should drop back before we're done here and talk about the basics. Just basically, what does it take to get a non owner occupied loan for residential income property?   Caeli Ridge  35:12   You know, there's so many options for investors today that I would say that if you have access to and even with what we just said, house hack. I mean, listen, if you've got 3% down, three and a half percent down, you can probably assure yourself you can get into a property. And if you can't qualify from a income debt to income ratio perspective, you've got three or four other models, which include DSCR, bank statement loans, asset depletion loans, overall, I would say that this is an individual conversation. Chances are you could probably qualify today, and if you can't, one of the things that I love about Ridge lending is, is that we're going to help you plant the seeds and show you how to qualify. If it takes you three months or six months or a year, that's what we do.   Keith Weinhold  35:56   Yeah, we've definitely noticed the difference here and that you do help that investor with long term planning? I do my own loans at ridge, and my assistant here at GRE she recently got the ball rolling with you in there at Ridge as well.   Caeli Ridge  36:11   Brenda, yes, yes, that was fantastic. We are very looking forward to helping her.   Keith Weinhold  36:16   Well, you know, chili, I've come here with a lot of questions that I had. What's the question No one's asking you, but you wish that they would.   Caeli Ridge  36:25   I think it probably would be for me, planning. You know, we get a lot of questions about interest rates. That's kind of top of mind for everybody. More about planning, having people that are interested in real estate as an asset class and an investment have the conversations to say, this is where I'm at today. This is where I'd like to be in five years. Tell me how to get there, and we can have those high level conversations that really sort of reverse engineer it and say, Okay, this is where you stand today from an underwriting perspective. This is where you need to be, and here's how we're going to get you there. It's always about planting seeds and creating those roadmaps, as I like to say so I would say that that would be top of my list.   Keith Weinhold  37:02   That's exactly what you do in there, and that's really what sets you apart. Well, remind our audience how they can get a hold of ridge.   Caeli Ridge  37:11   Yes, there's a couple ways. Of course, our website, Ridge lending group.com Please email us info at Ridge lending group.com and then call us toll free. 855-747-4343, 855-74-RIDGE  is an easy way to remember.   Keith Weinhold  37:25   It's really been valuable this time. Chaley, thanks so much for coming back onto the show.   Caeli Ridge  37:29    Appreciate you. Keith.   Keith Weinhold  37:36   Oh yeah, good pointed info from Chaley over at Ridge, I think that the important things for you to remember from our conversation is that, gosh, isn't it so glaring like in your face that you have options. All these options when you engage with a lender, you're going to learn that there are probably loan programs that you've never even heard of, some that you might fit into and even if you aren't adding more property, if you're not in that phase, there are ways that you can take your existing loans and consolidate them or refinance them, or use them to produce a tax free windfall for yourself and the US is often the envy of other world nations with the flexibility that we have here in our mortgage market. I've never known anyone that does this better than Chaley and her team. I mean, they are real difference makers. If you learn something on today's show, hey, Don't hoard the good stuff. Engage in the nicest kind of wealth redistribution. Tap the Share button right now and share this on social, or text this episode to one friend who'd appreciate it. That would mean the world to me. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 2  38:57   Nothing on this show should be considered specific personal or professional advice, please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively   Keith Weinhold  39:25   The preceding program was brought to you by your home for wealth building, getricheducation.com  

This episode of the America's Work Force Union Podcast featured Ted Pappageorge, Secretary-Treasurer of Culinary Workers Union Local 226. Representing 60,000 members in Las Vegas, Pappageorge joined the podcast to celebrate a landmark achievement: the union's first-ever representation across every major casino on the Las Vegas Strip. The conversation highlighted the union's decades-long fight for workers' rights, the details and impact of the newly negotiated contracts and the broader effects of federal policies and industry challenges on both union members and the Las Vegas workforce. This episode of America's Workforce Union Podcast spotlights Merrilee Logue, Executive Director of the National Labor Office at Blue Cross Blue Shield Association, as she commemorates the organization's 60th anniversary. Logue explored the origins of the National Labor Office, the evolving landscape of labor and healthcare, and the partnerships that drive advocacy and support for union members across the nation.

Jason Bird has headlined on the Las Vegas Strip, appeared on Masters of Illusion, and now has written a book, Strolling for Dollars. He details his decades of experience as a strolling magician, making a successful living, so that you can learn how to translate his experience into your success. Plus, he shares some incredible tips that you can start using right away.

Sean Noble and Chris Clements are back with a Thanksgiving week episode breaking down Zoran Mamdani, Mark Kelly's Pentagon trouble, and the latest “peace framework” in Ukraine – plus why all of it matters for Arizona, America, and the future of the Democratic Party. They start light with a quick recap of Sean's first-ever Formula 1 race on the Las Vegas Strip and Chris' old Long Beach Grand Prix pit-pass stories, then pivot hard into New York politics and Mamdani's cozy photo op with President Trump at the White House. They talk about how a self-described socialist is being treated as the future of the Democratic Party, Trump's overly chummy tone, and why Mamdani's rent-freeze ideas are the exact reason New York has a housing and affordability crisis – including tens of thousands of units sitting empty under rent control.  From there, they turn to Arizona's own Senator Mark Kelly. The Pentagon has launched an investigation after Kelly and other Democrats recorded a video telling U.S. service members they can and must refuse “illegal orders.” Sean and Chris unpack why that message is dangerous when there are no illegal orders on the table, how it collides with the Uniform Code of Military Justice, and why Trump's furious “traitors, punishable by death” response actually elevates Kelly into martyr and fundraising territory. They dig into Kelly's record, his time out of state, his lack of solutions for Arizona, and his national ambitions heading into 2028 – and why they see him as a more dangerous Democrat than someone like Gavin Newsom. The guys also hit Ruben Gallego's vulgar “drive time” video response to Trump, and what it says about the current state of political discourse. In the back half, Sean and Chris react to reports of a new 19-point peace framework for Ukraine – and Russia's rejection of it. They break down why demands around Donbas, Crimea and NATO are likely non-starters for Putin, how demographics and sheer manpower give Russia an ugly advantage in a war of attrition, and why continued support from China, Iran and even North Korea complicates any hope for a near-term deal. They close with a heartfelt Thanksgiving reflection on America as a nation founded on faith, freedom and free enterprise – from the pilgrims fleeing religious persecution to our modern debates – and why gratitude, family and faith still matter in the middle of all the chaos. Follow Light Beer Dark Money on Instagram: https://www.instagram.com/lightbeerdarkmoney/ Follow Light Beer Dark Money on Twitter: https://twitter.com/LBDMshow Follow Light Beer Dark Money on Linkedin: https://www.linkedin.com/company/light-beer-dark-money/ Link to the Light Beer Dark Money Blog: https://lightbeerdarkmoney.com/hypocrisy-and-the-aoc-oh-sandy/

“I think you have to have a big ego in business and in sports but I use mine to want to protect myself from failure. Ego makes me not want to fail, it's a motivator, my ego doesn't want me to be laughed at or labeled a failure.” Zak Brown CEO of McLaren Racing The 2025 F1 season is winding down with three races left to go and McLaren has already won its 2nd Consecutive Constructors' Championship with the chance for their drivers to finish 1st and 2nd. At the helm of all this success is CEO Zak Brown, a high school dropout from California that pursued his passion for motor sports and turned around McLaren Racing.  On this episode of The Pivot Podcast, hosts Ryan Clark, Fred Taylor, and Channing Crowder sit down with  Zak Brown for an unfiltered conversation on leadership, risk-taking, and the relentless pursuit of speed—both on and off the track. Zak pulls back the curtain on what it really takes to transform one of the most iconic organizations in motorsport, from rebuilding McLaren's Formula 1 program to cultivating a culture where innovation thrives, no blame is placed and a team first mantra. He talks candidly about navigating high-pressure decisions, the realities of competing at the sport's highest level, and how he balances business strategy with his pure passion for racing. The conversation amps up as Zak talks about Lando Norris and Oscar Piastri's fierce but healthy internal rivalry, explaining how their push to beat each other is exactly what drives the team closer to the front of the grid. With only a few races left, McLaren is eyeing a 1st, 2nd finish for the 2025 season, hoping to prove doubters wrong with a drama-free relationship between his two drivers that sit atop the sport- a no favoritism, no fighting approach. From the dynamics inside the garage to the strategic vision for the future, Zak gives rare insight into what it takes to manage two hungry, elite-level drivers chasing the same trophy. Zak dives into the inspiration behind his new book, sharing the lessons, setbacks, and bold decisions that shaped his journey from young racing enthusiast to the executive steering one of motorsport's most iconic teams. He reveals the mindset shifts that fueled McLaren's resurgence and why embracing risk is often the only real path forward. From bold driver signings to the future of electric racing and what winning means in today's F1 landscape, this episode offers a rare look at the mindset of a global sports executive who isn't afraid to bet big. Whether you're a Formula 1 fanatic, a business leader, or someone inspired by reinvention, Zak Brown's journey shows exactly what it means to pivot with conviction. Pivot Family, don't forget too comment, like and hit subscribe! A special thanks to our partners at Jack Daniels for sponsoring this conversation and inviting us to be apart of their F1 partnership with McLaren, Las Vegas has been exciting and we wish the best of luck to Lando and Oscar down the finish! Learn more about your ad choices. Visit megaphone.fm/adchoices

Hotels on the Las Vegas Strip are rolling out discount offers ahead of Black Friday. Plus, police are looking for anyone with information about the deadly 12-car crash on Tuesday. And, a driver shares her experience on being a part of F1 Academy, an all-female racing series. You can watch 7@7 weekdays on any of your favorite streaming platforms.

NV Energy's new demand charge is staying place, what regulators had to say. Plus, an indicted Henderson official faces the possibility of censure, what she's accused of doing. And, rock icons who recorded live on the Las Vegas Strip in the 90's are coming back to Sin City. You can watch 7@7 weekdays on any of your favorite streaming platforms.

Bail is set for a suspect in the explosion at a restaurant last week. Plus, a man tries to do something no one has ever done... While they were still alive. And, a new Hello Kitty Cafe will be popping up on the Las Vegas Strip. You can watch 7@7 weekdays on any of your favorite streaming platforms.

RUNDOWN   We're in a foul mood after the Seahawks' ugly loss to the Rams, unpacking Sam Darnold's four-interception stinker, the looming backlash from "I told you so" Darnold haters, and the gut-punch of Gray Zabel's injury. Mitch unleashes a full-on rant about Greg Olsen's broadcast style ("constant blabber"), while Scott notes how different the offense looks without Tory Horton on the field. The mood finally lifts with the news that the Mariners have locked up Josh Naylor on a five-year extension, giving Seattle fans a much-needed jolt of optimism. And then some baseball outrage: Cal Raleigh narrowly finishes second in AL MVP to Aaron Judge. Mitch is joined by Brady Henderson (ESPN) and Jacson Bevens (Cigar Thoughts) to break down the Seahawks' 21–19 loss to the Rams — a game that somehow stayed close despite four interceptions from Sam Darnold and a red-zone drought. Brady calls it Darnold's first true "stinker" as a Seahawk, noting that none of the INTs were flukes, while Jacson credits a defense that "played its balls off" despite brutal field position. The trio discuss the seriousness of rookie guard Gray Zabel's knee injury, the need for Kubiak to scheme around an unstable interior line, and Darnold's growing turnover trend (now 14 on the year). Mitch welcomes back CBS College Football Analyst Rick Neuheisel, presented by Taco Time Northwest, to unpack a chaotic Week 12 in college football — starting with Rick's victory lap on his perfectly predicted Penn State cover. From there, the guys dive into a jam-packed headline wheel: Lane Kiffin's status as the hottest name on the coaching carousel (and why Rick believes he'll land at Florida), Georgia's dominance over Texas, Oklahoma's big win in Tuscaloosa, Texas A&M's shocking 30–3 comeback, and the SEC's suddenly muddled playoff picture. Mitch revisits Episode Zero — the never-meant-to-be-public "exhibition game" that quietly launched Mitch Unfiltered back in 2018. What begins as a joke about their faux–"Fool in the Rain" theme song turns into a hilarious, chaotic retelling of the infamous team-bus-fire in Auburn, complete with blown tires, smoke pouring into the cabin, players stampeding into a ditch, and the bus erupting in flames seconds after everyone escaped.   GUESTS   Brady Henderson | Seahawks Insider, ESPN Jacson Bevens | Writer, Cigar Thoughts Rick Neuheisel | CBS College Football Analyst, Former Head Coach & Rose Bowl Champion Jason Hamilton | Former/Original Co-host of Mitch Unfiltered, UW Basketball Analyst   TABLE OF CONTENTS   0:00 | Four Picks, One Big Contract, and a Gordon Lightfoot Birthday — Episode 358 Runs the Emotional Gauntlet 15:05 | BEAT THE BOYS - Register at MitchUnfiltered.com 20:29 | Bad Clock, Bad Knees, and Bad Ballots: Seahawks Fall Short While Cal Raleigh Gets Robbed in the AL MVP Race 37:09 | GUEST: Seahawks No-Table; Four Picks, One Chance: Seahawks Fall to Rams but Defense Shines Bright 55:28 | GUEST: Rick Neuheisel; Lane Kiffin Heat Check, SEC Bedlam & 300-Yard Burrito Winners — Neuheisel Goes Deep 1:20:56 | GUEST: Jason Hamilton EPISODE ZERO | Flashback | Before Episode 1: The Bus Fire, the Scentsy Pooh Era, and the Birth of Mitch Unfiltered 1:41:17 | Other Stuff Segment: Julio Rodríguez finishes 6th in AL MVP voting and makes first-team All-MLB, Julio's slow first half vs red-hot second half and fans overreacting, Julio's contract MVP/top-10 voting escalators, Shohei Ohtani's unanimous NL MVP and historic MVP + championship combo, Clippers fan jukes arena security during game and heckle about Clippers' defense, No. 1 national hoops recruit Tyran Stokes transferring to Rainier Beach High School, BYU's Kennard Davis Jr arrested on suspicion of DUI near campus, Patrick Beverley arrested on family-assault charge in Texas, Percy Harvin's Gainesville home catching fire (no serious injuries reported), United Airlines flight attendant found 10x over in-flight alcohol limit on SFO–London route, Whitesnake frontman David Coverdale announcing retirement, Bin Laden raid SEAL Robert O'Neill suing two podcasters for $25 million over "lied about the shot" claims RIPs: Kenny Easley – Seahawks Hall of Fame safety, "The Enforcer." Michael Ray Richardson – Four-time NBA All-Star guard whose Hall-of-Fame talent was derailed by drugs. Sally Kirkland – Oscar-nominated actress best known for Anna. Dave Burgess – Band leader of The Champs, co-creator of "Tequila." John Beam – Beloved Laney College coach from Last Chance U. HEADLINES: Dog shoots its owner after he leaves a loaded shotgun on the bed, Las Vegas Strip casinos charging nearly $9 for a bottle of water, Prosecutors decline felony charges for married couple accused of joining the Mile High Club on a JetBlue flight, Police departments turning to AI to handle non-emergency calls, 19-year-old engineering student Oscar rides a 93-mile wheelie on a bicycle (and still "zero girls")!

F1TV expert and six-time IndyCar race winner, James Hinchcliffe, joins Tom Clarkson to preview this weekend's Las Vegas Grand Prix. Lando Norris leads Oscar Piastri at the top of the World Championship by 24 points. With three races and one F1 Sprint to go, there are still 83 up for grabs.  So how will Lando and Oscar approach this triple header? Hinch shares his thoughts on the mindset of both McLaren drivers and tells Tom why it's still all to play for despite Lando's advantage. Max Verstappen is now 49 points adrift of Lando but, while his title hopes look slim, will he and Red Bull still be fighting for wins and have a say in the championship outcome? Plus, Ferrari have been on the Vegas podium two years in a row. Could this be the track where they score a first Grand Prix win of the season? After their double DNF in Brazil, Ferrari chairman John Elkann said Lewis Hamilton and Charles Leclerc need to ‘talk less and focus on driving'. How does Hinch think those comments will impact the team? Watch F1 cars race down the Las Vegas Strip at 200mph LIVE Get tickets at f1lasvegasgp.com Listen to more official F1 podcasts In-depth interviews with F1's biggest stars on F1 Beyond The Grid Your F1 questions answered by the experts on F1 Explains THIS EPISODE IS SPONSORED BY... Square: Get up to $200 off Square hardware at square.com/go/f1nation. 

The guys talk about the best breakfast on the Las Vegas Strip, Parker Fox is in ahead of his big TV debut, the guys have Vikings News

The guys talk about the best breakfast on the Las Vegas Strip, Parker Fox is in ahead of his big TV debut, the guys have Vikings NewsSee omnystudio.com/listener for privacy information.

The Las Vegas Strip has become very expensive. We stayed on the Las Vegas Strip to discover the deals, budget hacks and happy hours that you may not know about. Can we do an affordable trip to Vegas without missing out on the best parts.Follow Me On Social Media:Instagramhttps://www.instagram.com/themodernwaiterpodcast/TikTokhttps://www.tiktok.com/@themodernwaiterMore Info https://www.themodernwaiter.com/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The 6pm hour opened with outrage over $60 burgers on the Las Vegas Strip, leading to a discussion about rising beef prices nationwide. Comedian Chris Turner shared stories from the NY subway, while Conway riffed on confusing Orange County freeways and a water main break in Canoga Park. Later, news broke that Denny's is being sold in a deal valued at $620 million, sparking talk about food insecurity and growing demand at food banks. The hour closed with a segment on “Dumb Houses” — a trend of people ditching smart home tech for simpler, old-school living. 

A specialized court that lets judges ban people from the Las Vegas Strip could be returning. Plus, a CCSD officer enters a plea after being accused in his K-9 partners death. And, a holiday tradition is making a comeback in Summerlin, we have details on the free event. You can watch 7@7 weekdays on any of your favorite streaming platforms at 7 a.m. and 7 p.m.

They say Las Vegas is empty… so we went anyway. In this podcast, we reveal our findings on our recent trip to the Las Vegas Strip. What is it really like right now: crowds (or lack of them), hotel vibes, casino floors, restaurant waits, and how it feels to visit today. We'll walk through major spots on the Strip, check out prices and deals. If you're planning a Las Vegas trip soon, this show will offer some perspective. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jake Zwaagstra is the CEO of TriCelta Development and a veteran builder of complex hospitality projects from the Las Vegas Strip to tribal mega-developments. He's worked both GC-side and owner-side, translating vision into budgets, drawings into buildings, and chaos into opening days. Susan and Jake talk about function over flair and momentum over mayhem. What You'll Learn About: • The owner's-eye view that changes everything about building • Lessons hotel development can steal from nuclear projects • The real difference between a project manager and a development manager • What developers actually do day to day on hotel builds • Smart ways to stay ahead of supply-chain chaos • Why front-desk mockups save years of operator frustration • The three-part formula for better design decisions • How model rooms power everything from IT to marketing • Why tech-forward hotels still need human touch • How to rescue a luxury project from $1,100-per-foot wallpaper Our Top Three Takeaways 1. Development Management Is More Than Construction Jake distinguishes development management from project management—it's about guiding the project from concept to completion, not just managing timelines and contractors. His team's role is to translate an owner's vision into an operationally sound, financially viable, and buildable reality. They stay several steps ahead of potential roadblocks—whether that's tariffs, supply chain issues, or union disputes—to keep the project moving and protect the owner's investment. 2. Function and Long-Term Operations Trump Aesthetics Jake's philosophy is clear: never "value engineer" something that affects the operator's ability to run the property. Early decisions—like front desk ergonomics, model room mockups, and material choices—should be made with the day-two operator in mind. He prioritizes function over form, lead time over looks, and performance over preference to ensure hotels are built to operate smoothly and sustainably long after the ribbon-cutting. 3. Communication and Accountability Are the Secret Weapons Lessons from outside hospitality, such as his experience building a nuclear enrichment facility, reinforced Jake's belief in over-communication and structured accountability. His "Plan of the Day" approach—daily 15-minute check-ins to clarify goals and track follow-through—keeps massive projects aligned and moving. That same mindset applies to hospitality development: clear expectations, daily progress, and follow-up ensure no one loses sight of the big picture, even on complex, multi-year builds. Jake Zwaagstra on LinkedIn https://www.linkedin.com/in/jacob-zwaagstra/ TriCelta Development https://www.triceltadevelopment.com/ Other Episodes You May Like:  57: Teddy Ruxpin Witchcraft

The new A's ballpark begins to take shape, we take a peek of the construction site. Plus, a man files a lawsuit against the Cosmopolitan, what he claims happened to him inside the casino. And, you can expect to see more robotaxis around this new destination on the Las Vegas Strip. You can watch 7@7 weekdays on any of your favorite streaming platforms at 7 a.m. and 7 p.m.

3CMA COMMCAST 059 | Not Everything Stays in Vegas - 2025 Annual Conference Recap Join us as we take a winning stroll down the Las Vegas Strip to revisit the unforgettable moments of the 2025 3CMA Annual Conference, held at Planet Hollywood. From inspiring general sessions to engaging workshops and high-energy networking events, this year's theme — High Stakes. High Impact. Winning Strategies for City & County Communications — came to life in every way. Whether you were learning, connecting, or celebrating at the Savvy Awards, there's something for everyone to relive. Dive in and enjoy a visual recap of this incredible event!   #3CMACOMMCAST #WeGetGov #3CMAAnnual

Discounts for locals on the Las Vegas Strip have been extended, how you can take full advantage. Plus, police are investigating after a woman was fatally shot Wednesday night. And, CCSD sparks confusion with an announcement about its work force. You can watch 7@7 weekdays on any of your favorite streaming platforms at 7 a.m. and 7 p.m.

Send us a textGet ready for some food and drink deals 365 days a year at a Las Vegas hotel casino. You won''t believe it. Jabbawockeez debut a new show called FREQNCY at MGM Grand. We really liked it! We also talked to the dance crew's creators. We head to "In Pour Taste," a new comedy show that has you wine tasting throughout. We chat with the Australian hosts. This show is a great deal and so much fun! SEMA Fest is coming up, and it has a great lineup of musical performers. Plus, one of North America's 50 Best Bars is having a pop-up event in downtown Las Vegas. And, BOA Steakhouse is open at the Venetian Grand Canal Shoppes.Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. If your home was damaged in the California wildfires, Galindo Law may be able to help you get more compensation. Call 800-251-1533 or visit galindolaw.com VegasNearMe App If it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

Not every financial story starts with a bull market — but that's exactly where Sarah Rogers, SVP of Corporate Finance for MGM Resorts International, found her footing. From Wall Street to the Las Vegas Strip, Sarah now helps steer one of the world's largest hospitality companies through billion-dollar deals, market shifts, and global expansion. In our conversation, Sarah opened up about:

The EKN Trackside Live program visits multiple events throughout the karting season. Leading up to major events on the calendar, EKN is happy to provide a show as part of the EKN Radio Network. The EKN OutLap is a preview podcast show, geared at providing you with the top stories, breaking news, and championship battles going into the weekend. The ROK Vegas 2025 presented by ROK Cup USA is set to be contested outside the Rio Hotel & Casino Las Vegas on October 29-November 2. Drivers from all over the globe make up over 300 entries in 11 categories set to compete with the Las Vegas Strip in the background. Rob Howden and David Cole preview the weekend in Episode 98 of the OutLap, presented by OTK USA.

Send us a textAlanis Morissette has a residency at The Colosseum at Caesars Palace and we were there opening night. This show is different than most Las Vegas shows but you will get your money's worth. It's more than 2 hours long and she mixes in storytelling, skits, dance and all the big hits! Dayna also went to the Venetian to see Earth, Wind and Fire. A must-see show if you love live music! Plus, Fontainebleau Las Vegas has an incredible wellness program... a state-of-the-art fitness center, award-winning spa, and a new wellness bar. People are really starting to enjoy healthy travel. We also tell you about the new F1 Arcade at The Forum Shops. Ellis Island also just opened The Deck Rooftop Bar. The views are great! It's all part of their ongoing renovations. Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. If your home was damaged in the California wildfires, Galindo Law may be able to help you get more compensation. Call 800-251-1533 or visit galindolaw.com VegasNearMe App If it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

Send us a textHow do you respond after losing everything in an instant on the worst day of your life? Author and journalist, Mark Gray joins us to talk about his newly released book titled "The Las Vegas Massacre Connections: Finding Strength Through Tragedy After America's Deadliest Mass Shooting." Mark's book is the tale of Mary Jo von Tillow, whose husband, Kurt, may have been the first person fatally shot on Oct. 1, 2017, during the Route 91 Harvest Festival in Las Vegas. After losing her husband, Mary Jo sought out survivors of other tragedies to heal. Via adventure, friendship, personal growth, and the human spirit, this trauma-bonded group endures, and the patchwork of people is all connected through a single thread: Mary Jo von Tillow. Mark was also at the festival that night and we talk in-depth with him about it. You can order the book on Amazon or Barnes and Noble. Mark is doing a book signing at Ole Red on the Las Vegas strip on October 23 from 5 to 7 p.m.Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. VegasNearMe App If it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

A new hotel is taking a very unique shape on the Las Vegas Strip. Plus, a special project at a Boys & Girls Club saves money and helps the kids who need it the most. And, we've got the numbers on what people are paying for dirt in a wealthy Summerlin enclave. You can watch 7@7 on any of your favorite streaming platforms weekdays at 7 a.m. and 7 p.m.

Episode 91 of Face2Face is a preview show for the upcoming 2025 ROK Vegas, presented by ROK Cup USA. The event, scheduled for October 29- November 2 outside the Rio Hotel & Casino Las Vegas, will welcome ROKKERS from around the world to compete in 11 classes in nine race groups. With just days remaining, Rob Howden and David Cole welcome Mike Burrell of ROK Cup USA to discuss this year's event overlooking the Las Vegas Strip.

The community gathers to remember a 12-year-old girl who was fatally struck by a school bus. Plus, a major healthcare company is selling land south of the Las Vegas Strip...We have the details. And, an Academy Award-winning actress is honored at a show on the strip. You can watch 7@7 on any of your favorite streaming platforms weekdays at 7 a.m. and 7 p.m.

Send us a textThe Bellagio Fountains now have a Yacht! Carbone Riviera is coming this fall. What we know so far. A comedy wine tasting experience is coming to the Lighthouse Artspace at The Shops at Crystals next to Aria. This sounds fun!! It opens in mid-October. More details on "In Pour Taste." Plus, WrestleMania is returning to Las Vegas in April after a record breaking WrestleMania 41. We chat with The Miz! What to expect next year and how he likes living in Las Vegas now. Two-day Combo tickets are on sale. Additionally, WrestleMania 42 Priority Pass Packages are still availableMonsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. If your home was damaged in the California wildfires, Galindo Law may be able to help you get more compensation. Call 800-251-1533 or visit galindolaw.com VegasNearMe App If it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

We're joined by Rick Cenname and Ben Grove from VIP Inspection for a packed conversation you won't want to miss. We cover everything from what to really expect from a home inspection, to whether wire fraud actually happens, and the new deals on the Las Vegas Strip that prove they've been listening to our show!

The Las Vegas Strip is burning off the sugar high of post-Covid. Chad Benyon sees weakness in the “mid-end” and thinks that downside risk remains for 3Q estimates in the sector. He likes Wynn Resorts (WYNN) and thinks sports betting will remain strong next year. In general, he thinks Vegas has gained market share for conventions and other big events, but prices might have been pushed too high.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

Send us a textThe South Point 400 NASCAR race is coming up. The weekend is full of great family fun and affordable deals. We chat with the new General Manager of the Las Vegas Motor Speedway. Also, the owners of Graceland Wedding Chapel open a second chapel, called Storybook. This one will focus on more traditional weddings, it's so cute! We chat with the owners. Alanis Morissette is getting ready to launch her residency at the Colosseum at Caesars Palace. Ed Sheeran is stopping at Allegiant Stadium on his tour. Emmitt's Vegas abruptly closes at Fashion Show Mall. This was Emmitt Smith's restaurant. And, longtime headliner Terry Fator ends his show at The STRAT. Plus, Las Vegas deals for locals and visitors.If your home was damaged in the California wildfires, Galindo Law may be able to help you get more compensation. Call 800-251-1533 or visit galindolaw.com Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. VegasNearMe AppIf it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

This week, two new cast members are given a big role, skip waiting for A Christmas Fantasy Parade this holiday season, a new experience is coming to Downtown Disney, behind the scenes with the new Oogie Boogie at Haunted Mansion Holiday, a preview of Mr. Lincoln returning next year, a construction update, we talk about our time at this year's Dreaming Tree Gala in Marceline, Missouri, and more! Please support the show if you can by going to https://www.dlweekly.net/support/. Check out all of our current partners and exclusive discounts at https://www.dlweekly.net/promos. News: Just a few days ago, two cast members were selected for a very important role at the Disneyland Resort. Michele Mary and Oralia Neria Felix will represent thousands of cast members as the 2026-2027 Disneyland Ambassador Team. This year marks the 60th anniversary of the Ambassador program, which was started by Walt Disney himself for the 10th anniversary of Disneyland. Since the start, nearly 250 cast members have been part of Ambassador teams all around the world. In addition to the parks, Aulani, the Disney Resort and Spa in Hawaii also has an ambassador. – https://disneyparksblog.com/disney-experiences/2026-2027-disney-ambassadors-celebrate-cast-community-disney-spirit/ https://www.laughingplace.com/disney-parks/disneyland-resort-reveals-2026-27-ambassadors/ This holiday season, there is no need to wait for the perfect spot to see The Christmas Fantasy Parade. The Plaza Inn will offer a dining package starting November 16th that includes reserved parade viewing. The package is priced at $58 per adult and $32 per child. The package includes a creamy potato leek soup, herb-roasted chicken with mashed potatoes, buttered haricots verts served with a caramelized onion sauce, a holiday yule log, and a fountain drink. The childs meal includes chicken tenders served with creamy mashed potatoes, green beans, and chicken gravy with a Hawaiian roll, holiday yule log, and botttled water or milk. Booking starts on September 25th. – https://www.disneyfoodblog.com/2025/09/20/disney-confirms-full-menu-and-prices-for-exclusive-holiday-dining-package-in-disneyland/#more-1069412 We have talked before about wages at the Disneyland Resort and all the struggles that cast and the company have had coming to a mutually beneficial agreement. Disneyland has agreed to pay $233 million dollars to settle a 2019 class-action lawsuit that alleged Disney was not adjusting wages to match the higher requirements that Anaheim had passed. In addition to the settlement, four unions representing over 14,000 employees struck a deal to raise the base pay to $24 an hour, including back pay with interest to 2019. – https://www.micechat.com/423670-disneyland-news-most-stressful-record-settlement-ceo-succession/ A new experience is coming to Naples Ristorante e Bar in Downtown Disney this Halloween season. Pumpkins & Pancakes is a 90 minute experience that includes a family-style breakfast with hot cocoa and cider, pumpkin picking and decorating, a photo opportunity, take-home treats, and bottomless momosas for guests 21+. Tickets are $75, plus tax and gratuity, for adults, and $39 for kids age 3-10. To reserve a place, check out the link in our show notes. – https://www.micechat.com/423670-disneyland-news-most-stressful-record-settlement-ceo-succession/ https://www.exploretock.com/naples-ristorante-e-bar-anaheim/experience/494937/pumpkins-pancakes?date=2025-10-05&size=2&time=10%3A00 Walt Disney Imagineering is at it again showing off their skills online! This time, they posted a video on Instagram showing off the behind-the-scenes that resulted in the updated Oogie Boogie for Haunted Mansion Holiday. Imagineers show off how they did it and what is new this time – https://www.laughingplace.com/disney-parks/haunted-mansion-holiday-oogie-boogie-update/ Weeklyteers who watched the special edition of 20/20 for the Disneyland 70th Anniversary may have seen a preview of Mr. Lincoln, which will be premiering after the 70th anniversary in 2026, in rotation with Walt Disney – A Magical Life. The Great Moments with Mr. Lincoln show will be largely the same, except for the setting. Lincoln now sits in a space similar to the Oval Office, flanked by US and State of Illinois flags. If you missed it on ABC, you can stream The Happiest Story on Earth: 70 Years of Disneyland on Disney+ and Hulu. – https://www.laughingplace.com/disney-parks/reimagined-great-moments-with-mr-lincoln-first-look/ Not a ton is going on construction-wise in the parks, but there is quite a bit going on in Downtown Disney. The security checkpoint between the Disneyland Hotel and the shopping district is under construction to add a new, permanent gate. The new location for Earl of Sandwich continues to take shape, while work still continues on Lullemon in the old ESPN Zone building, and exterior work on the LEGO store. – https://www.micechat.com/423670-disneyland-news-most-stressful-record-settlement-ceo-succession/ A recent study of TripAdvisor reviews found that some of the places we like to visit the most are also the most stressful. Theme parks dominate the results, with 6 Disney locations in the top 20 worldwide. Disneyland ranks #5 globally, but #1 in the US, followed by the Las Vegas Strip, and the National Museum of American History in Washington, DC. Some reasons for theme parks to rank so highly include a combination of massive crowds, long wait times, and high expectations. To see all the results, check out the link in our show notes. – https://www.micechat.com/423670-disneyland-news-most-stressful-record-settlement-ceo-succession/ SnackChat: Downtown Disney – Earl of Sandwich Main – https://earlofsandwichusa.com/menu/downtown-disney-at-the-tavern/ Trailer – https://www.earlofsandwichusa.com/menu/downtown-disney/ Discussion Topic: 2025 Dreaming Tree Gala Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Red Rock Canyon is a National Conservation Area about 17 miles from the Las Vegas Strip. Its striking red and cream-colored sandstone walls hold thousands of climbs — from 20-foot sport routes to adventurous 20-pitch trad lines. Today, I'm sitting down with long-time local Andrew Fulton. Andrew has been climbing in Red Rocks since January of 1993 — back before the city even had climbing gyms, when pioneers like George and Joanne Urioste were putting up countless first ascents in the canyon. Over the last 30 years, he's witnessed massive changes in the city, the climbing culture, and Red Rock Canyon itself. As a newer Las Vegas local myself, I was stoked to connect with Andrew — not just to hear the history of a world-class climbing area, but to get a feel for what it was like to be a climber “back in the day.”In our conversation, we dig into the complicated history of The Original Route on Rainbow Wall, Andrew's unique perspective on risk and how it shaped both his climbing and his guiding career. We dive into several wild stories from his past — including rockfall, a massive fire, swarms of bees, and a 100+ foot aid fall that nearly cost him his life. We close things out by going deep into the meaning of climbing, and ultimately uncover what we see as three pillars of climbing: spirituality, adventure, and performance.Quick disclaimer: this was the first episode I filmed in-person in my new home studio. The video came out great, but the audio — especially on my end — isn't quite up to the usual standard even after spending a large amount of time trying to save it. But, the kinks are now worked out, so all my future in-person episodes will have the professional, crispy audio you're used to. If you'd like to watch this interview, check out the TCM YouTube channel — you can find the link in the show notes.One more thing. I have a huge favor I need from all of you. TCM's Youtube channel currently has 665 subscribers and I really need to get to 1000. With the number of listeners we get per episode I know that we can hit that number within the week. So even if you prefer to listen to your podcasts outside of Youtube, please head over to the channel and hit subscribe. Watch The Climbing Majority on Youtube---Thanks to our sponsor!LIVSN DesignsCheckout their Ecotrek Overalls HEREUse Code "TCM15" At Checkout for 15% OFF Your Order---Get Access to Exclusive Episodes, Unlock Ad-Free Podcast, & MORE!---ResourcesAndrew's IG---We were recently rated #3 Top Climbing Podcast! Check it Out!

Want more MTM Vegas? Check out our Patreon for access to our exclusive weekly aftershow! patreon.com/mtmvegas Want to work with us? Reach out! inquiries at mtmvegas dot com Episode Description This week the LVCVA continued with their Welcome to Fabulous campaign by installing activations at the airport and promising even more to come. Next week the first Vegas citywide sale will happen. Will this be enough and what can we expect as Vegas continues its marketing push to draw in more people. In other news F1 is opening their arcade soon while they quietly extended part of their race until 2030. Do they even have approval to do that? We also discuss: Sphere's first Spanish act, blockbuster Oz sales, Circus Circus one month before opening, the big hole on the Strip, Peppermill's Roman suite the big rumored MGM shakeup and why even more screens are being installed on the Las Vegas Strip. Episode Guide 0:00 Circus Circus a month from opening 0:33 Vegas Is Fabulous - airport style? 2:05 Vegas citywide 5 day sale incoming 3:20 Vegas Matt's $200K Grand 4:37 The quirky Roman suite at Peppermill Reno 5:39 Fontainebleau's big end of year acts 6:56 Pedestrian bridge screens have arrived 8:45 F1 track construction is underway 9:20 F1 extends MGM sponsorship to 2030? 11:00 F1 arcade at Forum Shops opening date 11:52 The Riviera hole in the ground 12:48 Sphere's first Spanish act 14:25 Blockbuster Wizard of Oz ticket sales - $1 billion? 16:17 Rumored layoffs at MGM resorts & executive shakeup 17:42 Slow times = lost jobs 19:46 How the wealthy are propping up Las Vegas Each week tens of thousands of people tune into our MtM Vegas news shows at http://www.YouTube.com/milestomemories. We do two news shows weekly on YouTube with this being the audio version. Never miss out on the latest happenings in and around Las Vegas! Enjoying the podcast? Please consider leaving us a positive review on your favorite podcast platform! You can also connect with us anytime at podcast@milestomemories.com.  You can subscribe on Apple Podcasts, Google Podcasts, Spotify or by searching "MtM Vegas" or "Miles to Memories" in your favorite podcast app. Don't forget to check out our travel/miles/points podcast as well!

Send us a textLas Vegas is going on sale for 5 Fabulous Days! It starts September 22nd. It's the first ever Vegas-wide sale and we can't wait to see the deals. Plus, there are TONS of great deals on attractions right now, we tell you where to find them. The Golden Gate is starting a daily open bar, we have the details. We talk airport parking after a week of trying out short term, long term, and valet. Football season is here and Las Vegas is the place to be. There's a big Arabian horse event coming to Wynn Las Vegas. Mariah Carey announced Christmas shows on the strip. Duran Duran is coming to Fontainebleau. The Wizard of Oz tickets are selling really well. We have the numbers! We also have a number of hot topics to discuss!! Settle in for a long show. If your home was damaged in the California wildfires, Galindo Law may be able to help you get more compensation. Call 800-251-1533 or visit galindolaw.com Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. VegasNearMe AppIf it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

Not every career starts with the corner office — Mike Neubecker shares with #NoVacancyNews his story from hourly front desk clerk at MGM Grand back in 1993 to President & COO of MGM Grand, New York-New York, and Excalibur. That's three of the most iconic #MGMResorts properties on the Las Vegas Strip! In our conversation, Mike shared insights on:

In this episode of URMIA Matters, Julie Groves, Director of Risk Services at Wake Forest University, hosts an informative conversation with the chairs and co-chairs of the upcoming URMIA Annual Conference: Juan Azcarate, Susie Johnson, Michael Tabije, and Courtney Davis. URMIA's 56th Annual Conference is taking place in beautiful Las Vegas from October 12–16 this year! Our guests share thoughtful insights into their roles and exciting details about the agenda, including a keynote by New York Times bestselling author Dan Heath. The conference offers a rich mix of learning opportunities, peer networking, and social events—from a lively opening reception at the Marquee nightclub to a stunning closing celebration overlooking the Las Vegas Strip. The episode wraps up with helpful travel tips for first-time attendees to make the most of their Vegas experience. URMIA Institutional Members only who listen to this episode can receive $200 off their registration using the code JoinAC2025 at time of registration! Show NotesRegister for URMIA's Annual Conference 2025 in Vegas!URMIA's 56th Annual Conference ScheduleVolunteer Opportunities at URMIA's 56th Annual ConferenceGuestsJuan Azcarate, Senior Director, Risk Management - Dallas CollegeSusie Johnson, Risk Management Director - Iowa State University Michael Tabije, Risk Manager - University of Nevada, Las VegasCourtney Davis, Executive Vice President, Global Education Practice Leader - Hub InternationalHostJulie Groves, Director, Risk Services - Wake Forest UniversityConnect with URMIA & URMIA with your network-Share /Tag in Social Media @urmianetwork-Not a member? Join ->www.urmia.org/join-Email | contactus@urmia.org Give URMIA Matters a boost:-Give the podcast a 5 star rating-Share the podcast - click that button!-Follow on your podcast platform - don't miss an episode!Thanks for listening to URMIA Matters!

Time now for our daily Tech and Business Report. Today, Amazon's self-driving robotaxi business is up and running in Las Vegas. Zoox is now offering rides for free on and near the Strip. For more, KCBS Radio anchor Holly Quan spoke with Bloomberg's Ed Ludlow.

Live from the Las Vegas Strip (alright not live, recorded in our hotel very far from the strip), we're giving you all the details, more like ramblings, from our trip to Vegas and Universal Horror Unleashed. Sip along on a Holy Water cocktail and a tall glass of water, which we were never able to get in all of Vegas. Don't mind the sound quality (we're drunk) or the constant crinkling (bags of snacks consumed). Love you! Holy Water Cocktail:We got this drink at The Boiler Bar inside Universal Horror Unleashed, so we don't have measurements, so pour with your heart. -Mezcal, Cucumber Jalapeño Tequila, Agave, Lemon Juice, Passionfruit Juice. Thanks for listening! Don't forget to subscribe wherever you're listening and follow us on Instagram and Facebook. Instagram: https://www.instagram.com/spookysips_podcast/Facebook: https://tinyurl.com/SpookySipsPodWebsite: https://spookysipspod.buzzsprout.com

Want more MTM Vegas? Check out our Patreon for access to our exclusive weekly aftershow! patreon.com/mtmvegas Want to work with us? Reach out! inquiries at mtmvegas dot com Episode Description This week the day we have all been waiting for arrived. Quad zero roulette has made its way to the Las Vegas Strip. While a lot of people don't pay attention to the odds, this isn't good. Find out how it is being implemented, the "bonus" aspect and why you should avoid this new game with the equivalent of four zeros. In other news the newest Vegas casino Cadence Crossing is progressing fast. We show you what it looks like right now. We also discuss: the $49 AYCE brunch "deal" at STK, the Holiday Inns of Vegas, Fitzgerald's circa 1993, having a rough Vegas night and where you can buy the amazing statues of Mirage. Episode Guide 0:00 What the hell happened at 4am? 0:50 Rough first day working on the Strip 2:23 Swimming in the Venetian canals 4:02 $49 AYCE brunch at STK - Is this a deal? 5:48 The best states to live in - Nevada is ranked where? 7:16 Bazaar Meat's interesting auction 8:42 How to buy Mirage's art work including the famous statues 10:55 Cadence Crossing construction update - Newest Vegas casino 12:10 The Holiday Inns of Las Vegas 13:16 A look at Fitzgeralds circa 2003 14:07 Rio closes financing for renovations 15:44 0000 roulette arrives on the Strip 17:10 How 0000 odds compare to previous versions of roulette Each week tens of thousands of people tune into our MtM Vegas news shows at http://www.YouTube.com/milestomemories. We do two news shows weekly on YouTube with this being the audio version. Never miss out on the latest happenings in and around Las Vegas! Enjoying the podcast? Please consider leaving us a positive review on your favorite podcast platform! You can also connect with us anytime at podcast@milestomemories.com.  You can subscribe on Apple Podcasts, Google Podcasts, Spotify or by searching "MtM Vegas" or "Miles to Memories" in your favorite podcast app. Don't forget to check out our travel/miles/points podcast as well!

Want more MTM Vegas? Check out our Patreon for access to our exclusive weekly aftershow! patreon.com/mtmvegas Want to work with us? Reach out! inquiries at mtmvegas dot com Episode Description This week Sphere Entertainment released their earnings and it is probably the best news we have seen thus far. While the venue and company are far from out of the woods, they turned a profit in the 2nd quarter (sort of), extended the Backstreet Boys residency and continue with plans for expansions. We discuss the latest. In other news Las Vegas is paying F1 another $20 million in sponsorships as they extend the race through 2027. How is the LVCVA combating the slowdown and what else do we have to look forward to? We also discuss: the fire at Sahara, Circa Survivor's cool welcome kit, debunking another round of Circus Circus rumors, how to become a Fremont Street performer, winning $442K, Oyo's renovations and loss of Hooters plus where to find your favorite NFL team's bars in Vegas. Episode Guide 0:00 The happiest winner in Las Vegas 0:47 Another fire on the Las Vegas Strip 1:45 Sphere has become an international icon 2:30 Backstreet Boys Sphere residency extended 3:33 Sphere earnings - Profitable…sort of. 4:57 The best news in the history of the Sphere? 5:49 Guide to NFL bars in Vegas by team 7:44 Battista's lawsuit settled & memoir 8:46 Circa Survivor unboxing - Over the top? 10:35 Hooters closes at Oyo 11:44 Oyo's renovations coming - Premiumize? 13:34 Learning to become a Fremont Street performer 14:27 MTM Vegas housekeeping - Patreon, advertisers & more 15:33 LVCVA extends F1 race - Adds $20 million sponsorship 16:57 How Las Vegas is combating the slowdown - Value Summer? 18:20 Debunking Circus Circus sale rumors 20:10 Is there a chance these new rumors are true? Each week tens of thousands of people tune into our MtM Vegas news shows at http://www.YouTube.com/milestomemories. We do two news shows weekly on YouTube with this being the audio version. Never miss out on the latest happenings in and around Las Vegas! Enjoying the podcast? Please consider leaving us a positive review on your favorite podcast platform! You can also connect with us anytime at podcast@milestomemories.com.  You can subscribe on Apple Podcasts, Google Podcasts, Spotify or by searching "MtM Vegas" or "Miles to Memories" in your favorite podcast app. Don't forget to check out our travel/miles/points podcast as well!

Send us a textDayna makes a pretty big cameo in the Netflix documentary called "Trainwreck: Storm Area 51." She didn't know about it until the trailer came out and had no idea what to expect. We discuss what that morning was like back in 2019. Plus, we chat with celebrity chef and restauranteur Fabio Viviani. He just opened ai Pazzi at the JW Marriott on the west side of Las Vegas. There's also a top Indian restaurant coming soon to Aria. We think this might be a first! If your home was damaged in the California wildfires, Galindo Law may be able to help you get more compensation. Call 800-251-1533 or visit galindolaw.com Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. VegasNearMe AppIf it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

Send us a textYou've heard it over and over on social media. We dive into with some numbers and our take. Is Las Vegas REALLY Dead? Plus, how the Backstreet Boys are impacting tourism. We also have the latest deals that caught our eye. Treasure Island and Fontainebleau have some good perks. Plus, Dayna downloads the Tao Group app and is blown away with how much you can save and the benefits. She used it at LAVO. And, all the the latest show announcements and updates on the Formula 1 entertainment for November. If your home was damaged in the California wildfires, Galindo Law may be able to help you get more compensation. Call 800-251-1533 or visit galindolaw.com Monsoon damage? Insurance company low-balling you? Call Jonathan Wallner of Galindo Law for a FREE Claim Review at 800-251-1533. VegasNearMe AppIf it's fun to do or see, it's on VegasNearMe. The only app you'll need to navigate Las Vegas. Support the showFollow us on Instagram: @vegas.revealedFollow us on Twitter: @vegasrevealedFollow us on TikTok: @vegas.revealedWebsite: Vegas-Revealed.com

Wednesday, August 6th, 2025Today, survivors of Jeffrey Epstein and Ghislaine Maxwell file letters with the court over the possible release of grand jury transcripts; ICE floated the idea of paying bounties for deportations but rescinded the idea after journalists reached out for comment; FEMA floated the idea of denying emergency preparedness grants to states that boycott Israeli companies but quickly rescinded that as well; the White House is preparing an order to punish banks that refuse to work with fascist;, Texas Republicans fail again to move forward with redistricting after Democrats protest by denying them a quorum; Trump caves on requiring Rupert Murdoch to be deposed early in his lawsuit against the WSJ; Jim Comer has issued subpoenas in the Epstein files case; the DOJ has a recording of the two day witness tampering session between Ghislaine Maxwell and Todd Blanche; for the first time in the Culinary Union's 90-year history, all major casinos on the Las Vegas Strip are unionized; and Allison and Dana deliver the good news.Thank You, Helix Sleep20% Off Sitewide, when you go to HelixSleep.com/dailybeans.Guest: Samantha MichaelsA Revolutionary Way to End the Incarceration of Girls | Mother JonesMother JonesSamantha Michaels (@samanthamichaels.bsky.social) |  BlueskyStoriesVictim in Epstein case decries ‘political warfare' in effort to release grand jury transcripts | CNNTop Trump officials will discuss Epstein strategy at Wednesday dinner hosted by Vance | CNN PoliticsRupert Murdoch and Trump Agree to Postpone Deposition | The New York TimesWhite House Preps Order to Punish Banks That Discriminate Against Conservatives | Wall Street JournalIn Reversal, FEMA Won't Deny Grants to Cities That Boycott Israeli Firms | The New York TimesICE Offers, Then Quickly Withdraws, Cash Bonuses for Swiftly Deporting Immigrants | The New York TimesLive updates: Abbott asks Texas Supreme Court to remove key Democrat from office in showdown over redistricting | CNN PoliticsGood Trouble Lara Loomer wants tips to find out who is disloyal inside the Trump administration so I think we should help her out. Your name and email are required so make sure to create one of those proton mail accounts for anonymity and let her rip. - Tip Line - Loomered(Proton Mail: Get a free email account with privacy and encryption)From The Good NewsAnimal Encounters & Guided Tours | Cape May County, NJ - Official WebsiteA somber vigil for the "disappeared" - ChicoSol NewsVigil for those Disappeared by I.C.E. - YouTubeThe Liberal Gun ClubAbout Us — The Forward InitiativeReminder - you can see the pod pics if you become a Patron. The good news pics are at the bottom of the show notes of each Patreon episode! That's just one of the perks of subscribing! patreon.com/muellershewrote Our Donation LinksNational Security Counselors - DonateMSW Media, Blue Wave California Victory Fund | ActBlueWhistleblowerAid.org/beans Federal workers - feel free to email AG at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen. Find Upcoming Actions 50501 Movement, No Kings.org, Indivisible.orgDr. Allison Gill - Substack, BlueSky , TikTok, IG, TwitterDana Goldberg - BlueSky, Twitter, IG, facebook, danagoldberg.comCheck out more from MSW Media - Shows - MSW Media, Cleanup On Aisle 45 pod, The Breakdown | SubstackShare your Good News or Good TroubleMSW Good News and Good TroubleHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/ Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?The Daily Beans | SupercastThe Daily Beans & Mueller, She Wrote | PatreonThe Daily Beans | Apple Podcasts