Podcasts about PLEX

Check Out Echoplex Radio iTunes, Stitcher, Google, iHeart, Spotify, RSS, Odysee, Twitch, YouTubeSupport This Project On Patreon Check Out Our Swag Shop Join Our Discord Server Check out our Linux powered studio!‍ ‍Host: Producer DaveDocket: https://bit.ly/3-1-2026-docMembers ShowFourthwallPatreon

This Week in Horror History (Mar 2–8) is your weekly horror movie release-date rundown—with where to watch (U.S.), a deep-cut spotlight, and a weekly recommendation built for early-March nights that still feel like winter. This week we've got silent-era vampire plague dread, occult noir doom, a killer laundry machine, and a true-crime obsession spiral—plus a Deep-Cut where language itself becomes the infection.Inside this episode✅ Horror releases from Mar 2–8Mar 4, 1922 — NosferatuSilent-era plague-vampire terror that still feels unnervingly alive: shadow horror, eerie atmosphere, and Count Orlok stalking the roots of vampire cinema.Where to watch: Amazon Prime Video (subscription); AMC+ (subscription); Shudder (subscription); free w/ ads on Tubi, Pluto TV, The Roku Channel, Fandango at Home, PlexMar 6, 1987 — Angel HeartA nasty occult noir spiral—each clue feels like a trapdoor, and the deeper the detective digs, the more the case starts digging into him.Where to watch: free w/ ads on Pluto TV; or rent on Fandango at Home, Prime Video, Apple TVMar 3, 1995 — The ManglerThe monster is the laundry press. Stephen King madness, industrial grime, and the kind of “how is this real?” horror premise that somehow works because it commits completely.Where to watch: rent/buy on Amazon Prime Video, Apple TV, Fandango at HomeMar 2, 2007 — ZodiacA slow, suffocating true-crime obsession story—procedural dread, mounting paranoia, and the feeling that the case will never let you go.Where to watch: Paramount+ (subscription); free w/ ads on Pluto TV; or rent on Amazon Prime Video, Apple TV, Fandango at Home

Bry attends a ‘comedy' show, couples vacations, Q roasts NJ, Plex pleas, Robin Williams, underwear duty. https://public.liveread.io/media-kit/tesd

Check Out Echoplex Radio iTunes, Stitcher, Google, iHeart, Spotify, RSS, Odysee, Twitch, YouTubeSupport This Project On Patreon Check Out Our Swag Shop Join Our Discord Server Check out our Linux powered studio!‍ ‍Host: Producer DaveDocket: https://bit.ly/2-22-2026-docMembers ShowFourthwallPatreon

Subscription The Subscription Life Trap | Episode 594 Good morning. This is James from SurvivalPunk.com. It's 23 degrees in Tennessee. The weather jumped from the 60s to the 20s, like it's trying to kill morale. My body isn't thrilled about it. And today we're talking about something just as irritating. The subscription life. How everything is trying to turn into a recurring payment… and how that slowly drags down your freedom. You Don't Own Anything Anymore Almost everything is trying to become subscription-based. Apps. Software. Entertainment. Editing tools. AI tools. Streaming platforms. Even stuff that absolutely should be a one-time purchase. You don't buy things anymore. You rent access. That's the shift. Back in the day, if you rented a movie from Blockbuster, that made sense. You chose to rent it. It was a known expense. If money was tight, you skipped it that week. Now? It's $1.99 a month forever. That's the trap. Subscriptions Are Credit Card Debt With Better Marketing A subscription is basically invisible debt. You're committing to pay indefinitely for something you can never “finish” paying off. At least with a credit card purchase, there's an endpoint. With subscriptions? There isn't one. And companies absolutely count on you forgetting. There's some nerd somewhere who has calculated exactly how long the average person forgets to cancel. That's part of the business model. You sign up. You forget. They collect. And because it's “only” a few dollars a month, your brain doesn't treat it like real money. That's psychological warfare at the micro level. You're At Their Mercy Here's where it gets worse. You don't actually own what you “buy.” If you purchase a movie digitally and the service loses the license, you can lose access to it. You paid. Doesn't matter. You're renting access to a bookmark. Streaming services rotate content constantly. Licensing agreements change. Regions get restricted. Content disappears. You don't control it. They do. And in some cases, you're paying companies that actively push agendas you don't agree with. Why fund people who openly despise your worldview? That's worth thinking about. Real Example: The $1.50 HBO Mistake Black Friday deal. $1.50 per month for HBO Max. Cheap enough to ignore. I signed up “just in case” I couldn't log into my brother's account. Months later? I haven't used it once. That's exactly how this works. Multiply that by 10 subscriptions. Now multiply that by millions of people. That's a massive wealth drain. The Cure: Own Your Stuff The solution is simple. Own things. Buy physical media. Keep your own music. Build your own digital library. Use alternatives like Plex. Download what you legally own. Back it up. Control your access. Spotify is convenient. So is Pandora. But if you already own thousands of songs on a hard drive, why are you paying someone monthly to shuffle music you don't even like? Same with audiobooks. If you bought it, make sure you truly have it. Ownership equals independence. Subscriptions equal dependency. Subscription Creep Is Real The real danger isn't one subscription. It's the pile. $9.99 here. $12.99 there. $1.50 just in case. Another $7 for something you barely use. Now you're bleeding $100+ a month for “convenience.” That's $1,200 a year. That's prep money. Debt payoff money. Investment money. That's freedom money. Final Thoughts Subscriptions feel harmless. They're not. They normalize renting your life instead of owning it. They put you at the mercy of corporations. They count on forgetfulness. They slowly erode independence. Prepping isn't just about food and water. It's about reducing dependency. Own your tools. Own your media. Own your capability. This is James from SurvivalPunk.com. DIY to survive. Amazon Item OF The Day Seagate Portable 2TB External Hard Drive HDD — USB 3.0 for PC, Mac, PlayStation, & Xbox -1-Year Rescue Service (STGX2000400) Think this post was worth 20 cents? Consider joining The Survivalpunk Army and get access to exclusive content and discounts! Don't forget to join in on the road to 1k! Help James Survivalpunk Beat Couch Potato Mike to 1k subscribers on Youtube Want To help make sure there is a podcast Each and every week? Join us on Patreon Subscribe to the Survival Punk Survival Podcast. The most electrifying podcast on survival entertainment. Itunes Pandora RSS Spotify Like this post? Consider signing up for my email list here > Subscribe Join Our Exciting Facebook Group and get involved Survival Punk Punk's The post The Subscription Life Trap | Episode 594 appeared first on Survivalpunk.

This Week in Horror History (Feb 23–Mar 1) is your weekly horror release-date rundown—with where to watch (U.S.), a deep-cut spotlight, and a weekly recommendation for that weird stretch where winter won't let go. This week we've got small-town paranoia, social terror, a survival nightmare in the pines, and love at the end of the world—plus a Deep-Cut that turns disbelief into the monster.Inside this episode✅ Horror releases from Feb 23–Mar 1Feb 26, 2010 — The CraziesRomero-era paranoia without zombies: a small Iowa town, something in the water, and trust collapsing fast.Where to watch: Free with ads on The Roku Channel; or rent on Amazon Prime Video, Fandango at Home, Apple TVFeb 24, 2017 — Get OutJordan Peele's debut turns “nice” into a trap—social dread, politeness that cuts like a blade, and the slow realization you're being played.Where to watch: Max (HBO Max) subscription (including via add-ons like Hulu/YouTube/Sling); or rent on Amazon Prime, Google Play, YouTube, Apple TV, Fandango at HomeFeb 23, 2023 — Sons of the Forest (Early Access release)A cabin getaway becomes a survival horror sprint—puzzles, panic, and the creeping feeling something is tracking you between the trees.Where to play: Steam (PC)Feb 25, 2024 — The Walking Dead: The Ones Who LiveA tight six-episode run that makes the apocalypse feel personal again—love, loss, and what survival turns people into.Where to watch: AMC+

#snowstorm #veterans #blizzard2026 In this episode of the DD-214 network podcast, the hosts celebrate their upcoming 250th episode, reflecting on their journey and the importance of consistency in podcasting. They discuss new media opportunities, including the potential for pirate radio and Plex, while also sharing their experiences with recent weather changes and snowstorms. The conversation shifts to baseball, with updates on teams and jerseys as the season approaches, highlighting the hosts' passion for the sport and their local teams. In this episode, the hosts discuss their recent gaming experiences, including frustrations with Xbox and excitement over Pokémon re-releases.Chapters00:00 Introduction and Podcast Milestones03:32 The Journey to 250 Episodes08:08 Exploring New Media Opportunities14:03 Weather Talk: Snowstorms and Climate Changes21:03 Baseball Season and Team Updates39:39 Gaming and Streaming Adventures42:31 Technical Troubles and Gaming Frustrations45:41 Major Changes in Xbox Leadership48:39 Nostalgia in Gaming: Pokémon Re-releases53:40 Health Scares and Emergency Room Experiences01:03:57 Mentorship and Leadership in the Military01:17:06 Final Thoughts and Mental Health AwarenessDD214 Network PodcastDirected & Produced by Jonathan ‘Clean' SanchezHosted by Joe Squillini & Jay CampbellEdited by Clean Sanchez Media, LLCMusic by Shrieks666 ("Shadow Surfing," "Voices Getting Louder") – Check them out on Bandcamp!Website: CleanSanchezMedia.comAffiliate LinksGovee - https://govee.sjv.io/CLEANStreamLabs - https://streamlabs.pxf.io/CleanHemper -https://www.hemper.co/DD214Disclaimer: This Podcast contains adult language. Adult Supervision is advised.Fair Use Disclaimer:The content provided on this podcast may include material subject to copyright protection. In accordance with the principles of "fair use" as defined in Section 107 of the Copyright Act of 1976, the use of copyrighted material on this podcast is for purposes such as criticism, comment, news reporting, teaching, scholarship, or research.The determination of whether the use of copyrighted material constitutes fair use is made on a case-by-case basis, taking into account various factors outlined in Section 107. The inclusion of such material is not an endorsement by the DD214 Network Podcast or Clean Sanchez Media, LLC, but is meant to enrich and contribute to discussions within the specified purposes of fair use. All copyrights and trademarks are the property of their respective owners.Shop official merch for DD214 Network: http://www.CleanSanchezMedia.com

Keith digs into what's really going on with apartments now that values in many markets have dropped 20–40%. You'll hear why larger multifamily properties have been hit so much harder than one-to-four unit rentals, and what that means for both current owners and new buyers. "The Apartment King," Brad Sumrok, joins the conversation to share how recent economic shifts, financing structures, and market forces have reshaped the apartment landscape—and why he believes we may be near a key turning point in the cycle. You'll also learn how investors are approaching deals differently today, what makes certain markets and property types more attractive right now.  Resources: Learn more about Brad here. Episode Page: GetRichEducation.com/594 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   welcome to GRE. I'm your host. Keith Weinhold us. Apartment Building values have fallen 2030, even, 40% over the past few years. Investors lost millions. What are all the reasons that it happened? And when will apartments turn around? I'm joined by the apartment king today on get rich education.   Corey Coates  0:26   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   Keith Weinhold  1:09   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 you   Corey Coates  1:40   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  1:59   Welcome to GRE from Monterrey, California to Monterrey, Mexico and across 188 nations worldwide. America's favorite shaved mammal on a microphone has got his slack. John, act back on track for another wealth building week with you. I'm Keith Weinhold. This is get rich education, and I'm still not wearing a pair of Dockers. We all know that the one to four unit space single family homes, up to four plexes have held under their values despite soured affordability, but five plus unit apartment buildings are a drastically different story. We're going to talk about just how much value they've lost recently, and the reasons why it's about more than just the interest rates doubling and tripling that began in 2022 Today's guest is an apartment educator. His students have had both losses and wins over time. I'll ask about both, because adversity is where you get the lessons now today, you might buy an apartment building at a steep discount compared to what it sold for five years ago. And who might you buy an apartment from today, it might not be the type of seller that you're thinking about because of owners defaulting you might now be buying it from a bank that had to basically repossess it. Yeah, you might try to buy it from a lender at 60% of the loan amount. Well, a lender doesn't want to do a 40% write down, so they're going to try to get more and see. That's how this could practically look today for an apartment owner that survived the crisis and is still standing today. They're asking themselves, now, why would I sell at a discount if I don't have to? So they're probably going to try to hold on. And then, of course, the tenants in these apartments don't know that any of this is going on now. I own a lot of single family rental homes myself, also apartment buildings in the one to one and a half million dollar range is where I've played, and often that ends up being eight to 12 units, because in that space, I don't need partners to invest in assets of that size. One to $2 million is also small enough so that you're not competing with institutional money and other players. Today, I'll tell you what I did with some of those buildings myself when interest rates reset about four years ago, and before you and I wrap up the show today, I've got something to tell you about what's coming in future. GRE episodes here stuff that's really unexpected as the apartment King waits in the wings. One last thing to tell you about, like I mentioned to you recently, investors say that they want an opportunity, but what they really want is certainty. Once certainty arrives, the opportunity. Is gone.    Keith Weinhold  5:01   Our GRE live event last Thursday was a success. It is about how central Florida is the most compelling housing market right now, with the builder offering rate buy downs as low as 3.75% and, you know, I just ran the numbers on something, and I can hardly believe this. All right, right. Now owner occupied mortgage rates are near 6% this means investment property rates are almost 7% with the rate by down to 4% here's how your cash flow looks with a 30 year fixed rate mortgage on a 300k loan with a 7% rate, your p and i payment is 1996 at a 4% rate. It's just 1432, this is a reduction of $564 per month, a whopping payment difference. That's really the difference between treading water and stacking cash flow on these brand new build properties that we're talking about here in Central Florida. So talking about opportunity and certainty, that is a big measure of both. Yeah, before I ran the numbers, I didn't realize that the spread was this wide. With high demand for these properties, the builder does have some more available, a long term fixed rate of around 4% it should be up for you now you can see the limited time replay of GRE, freshest live event at grewebinars.com, in case you want to look into This again, grewebinars.com let's discuss the apartment market. Foreign apartment building values have fallen at 20% 30% even 40% over the past few years, depending on the market that they're in today, we're going to learn how bad it is, why it happened, and if that actually creates an opportunity here in the late 2020s, decade, our guest is known as the apartment king. He is the number one nationally known educator and mentor for apartment investing. He started with a bang in 2002 by making his first ever real estate investment, not a four Plex like I did, but a 32 unit apartment building, and he's now owned and invested in over 11,000 units and over 1 billion in assets under management. He's received awards like the naa independent owner of the year, and he's the star of the massively popular in person events that he puts on, which you'll learn about soon. Hey, it's been several years. Welcome back to the show. Brad sumrock,   Brad Sumrok  7:46   hey, Keith. It's really good to be on again. Nice to be here.   Keith Weinhold  7:50   Brad and I were together in person last month, and we also talked physical fitness. Then Brad is one of the fittest guys you'll ever meet in person. He just looks fantastic. We want to hear about your apartment forecast shortly. Brad, let's talk about the hard stuff. First, you've endured adversity since we last had you here several years ago. Tell us about that.   Brad Sumrok  8:14    Well, look, I mean, I think anyone that's been serious about investing in apartments over the last five years. And I'll also say it this way, anyone who did a deal and say 21 the middle of 21 till probably the end of 2022 it's very likely that that property is worth less today than than it was when we bought it. So that, in itself, has created, you know, adversity, because I got into the business in 2002 and the market went up until 2008 and we went through a downturn in 2008 nine and 10, as is, I'm sure you're aware. And then the market went up again until around 2021, mid year. And then, due to so many reasons, and I could go into those reasons, but let me just just cut to the chase. That you alluded to is we had another downturn, and so the downturn, you know, impacts property values, it impacts confidence, it impacts investor appetite to do deals. It impacts just about everything related to the business, on the investment side, and the other business that I'm in, which is the seminars, the events and the mentoring. So it's been a big downturn, and we could go into those, you know, into the reasons why, and I'm sure you'd like to know my take on that. But now is a great time, because things are recovering, and one of the things Tony Robbins teaches Keith is pattern recognition. It's like I've been through two downturns, and I could see the patterns, and it occurs to me that we're at or near the bottom of a cycle. So like it's also a good time to be gearing up.   Keith Weinhold  9:50   Now, many realize but for those uninitiated on this, the one to four unit space really didn't feel much pain starting in 2022 so much of that is time. Two people get long term fixed interest rate debt on the one to four unit property, but it's shorter term debt on five plus unit apartment buildings. So when interest rates went up, people soon had to pay those higher rates. They were underwater. That's really the genesis of so much of the apartment building pain.   Brad Sumrok  10:19   Well, and I would say, look, it was, I'm going to throw a bunch of things at you here. So we had the pandemic, right? And during the pandemic, people got paid to stay home from work, right? The government printed, what, $5 trillion worth of money, right? And so that kicked off what became a period of, like, very high inflation. And you know, the published number was 9% but I think a lot of people experience certain items that were a lot more than 9% like, for example, for sure, in 2022 when we bought a 286 unit property, you know, we were able to replace all the appliances inside of a unit in The kitchen, you know, for $1,800 and even today it's like $3,200 so that's a little bit more than 9% and so we had that. So we had the printing of money, we had inflation, we had variable rate debt. Why did people do variable rate debt? The first thing I'll say is there is a place for variable rate debt. But what happened in 2021 and 2022 is the fixed rate lenders, which are typically the government sponsored agencies Fannie and Freddie. They were still lending money, but because of their criteria for lending, if you would go with one of those loans, you would get like 50% leverage the shorter term lenders that would give you the three year loans, you can still get like 75 to 80% leverage. So the vast amount of people that were buying anything in 2021 and 2022 I mean, I'm not just talking about myself. I'm talking about people with 2030, 4050, 70,000 doors all over the country, they were buying with short term debt. And historically, short term debt performs at or better than long term debt. I mean, think about it, when you get a long term, 10 year fixed rate loan and multifamily you have prepayment penalties. You know, when the market's constantly going up like it did, from 2012 to 2022 you could get that fixed term loan. You could pay it off early, you could pay the seven figure prepayment penalty, and you could still make lots and lots of money, and that's what people were doing. So when you bake in the prepayment penalties on long term debt, you know short term debt is oftentimes the better option. Well, nobody saw the Fed raising rate 16 times in 12 months. And look, I don't care what anybody says, Nobody predicted it. If they had predicted it, they would be probably the richest person in the world right now, right nobody saw a comment like, there may have been some people that said, hey, yeah, this is going to happen, or this is going to happen. But what actually happened with the Fed rates over a very short period of time was unprecedented. Unprecedented means it never happened before. So it's not something you could anticipate or something anyone can model. Okay? And so what that did is most of us had what's called an interest rate cap, which is an insurance policy that if the rates go up too much, that yours is capped. But the problem with those rate caps is they're only good for like, two years, right? So we're buying these deals in 2021 and we're getting short term debt, which is a three year debt. And in two years, in 2023 the rate cap expires, and now the rates are 9% instead of 3% and when we bought the deal, the rate cap insurance was $40,000 and now it's a million dollars. And so you're in a very awkward, unfriendly financial situation. And it wasn't just that. So it wasn't just inflation, it wasn't just interest rates. And many of us sung belt markets, specifically Texas and Florida, which historically have been some of the best markets to invest in, because of migration and no taxes, and then landlord and business friendly environments. Well, these states also suffered a lot of named storms, with, you know, hurricanes and wind storms and hail storms and so in these markets, at the same time, we had rising rates. At the same time, we had massive inflation. Now we also have insurance rates doubling or even tripling in some occasions. And then the final thing was, during the pandemic, a lot of the multifamily projects that were in the middle of being built, these development projects, they all slowed down. People couldn't work. And so back in 2020, or after we're fully recovered from the pandemic, some of these markets, like Nashville and Austin and Dallas and Houston and Phoenix, they got deluged Keith with new supply coming on, like a disproportionate amount of new supply. So there's like five. Five things that contributed to multifamily being really tough in the last few years. And so it wasn't just people with short term debt that had challenges. It was probably just about anybody that bought a deal within an 18 month timeframe that I outlined before that just really experienced challenges, and some of those people are still in deals, right? And so let's just take a deal that's, you know, a $10 million deal with a $7 million loan. Well, that deal right now might be only worth 7 million, yeah, and that's the opportunity. So the owner that has that deal may get punched in the face, so to speak, you know, by the market, and they may lose their equity in that deal, but the borrower coming in, or the buyer coming in, like one of my mentees right now, had a deal that was listed at 11 million, and he's picking it up for seven, which is, like, at or below the current loan value. So one buyer group's loss is the new buyer group's opportunity, if that makes sense   Keith Weinhold  16:03    right? 100% there's nothing unusual at all about the mortgage rate levels that began to go higher about four years ago. The unusual part, and Brad has touched on it, is the rate of increase, with mortgage rates doubling or tripling in a short period of time, within about a year or so, but yeah, it's a great point. It's about more than the mortgage rates. It's about increasing insurance costs and increasing expenses of all types, like you talked about with the appliances there, and then, even if you were able to weather all that as an apartment building owner, with all of the supply coming on to the market, when supply exceeds demand, we know what happens to price, and we also know that you can't raise rents very much with all of this supply coming on the market, but the supply of new apartment buildings, that inflow, that wave, is beginning to die down, because builders got the memo quite a while ago that they need to stop building at such a fast pace in places like Florida and Texas and you know, Brad, there are a lot of asset classes that have been beaten up lately. We can always point to a few. You can look at Bitcoin or nfts or even commercial office space. Now those assets might bounce back, but they don't have to, because no human needs those things. But I expect apartments to bounce back because having a place to live is a primordial Maslow and human need. It's almost inevitable. In fact, shelter is at the base of Maslow's hierarchy of needs. So a bounce back has almost got to happen. Yeah.   Brad Sumrok  17:46   Look, it's becoming the big word right now in politics. Right is affordability. And so when you look at affordability, if you take a median priced home in this country of say, $400,000 I don't know if that's the actual median, but maybe it's around 400 420,000 100, $420,000 yes, to buy that home. And who's going to buy a $420,000 home? It's going to be a working class family making 60 to 70,000 a year, right? They could rent a median priced apartment unit for $1,800 a month, or they could pay a 20% or a 10% down payment on a $400,000 homes, and they need 40 to 80,000 down right, or maybe less, but they still need a down payment and that p i, t i, the principal, interest, tax and insurance is going to be around $3,100 okay, so there's a $1,300 per month gap, and that's a big, big gap for that working class family. And so where are they going to live? Like we're becoming more and more of a renter nation? Keith, and the statistics that I read say that only 27% of American families can even qualify to get a mortgage, yeah, on a $400,000 home. So we're becoming more and more and more of a nation of renters by necessity. And so the demographics like look, all markets are not equal. You got to know what's going on in your market. But there are markets, ie locations, geographies that have even a higher affordability gap. You know, some markets have a 2000 a month or a $2,500 a month affordability gap. So you're going to find more and more people renting in these markets.   Keith Weinhold  19:37   Yes, there is a premium to ownership opening up that gap, and that's why we have this wave of renters that's really already begun. In about the last year, the American homeownership rate has fallen from 66% to 65% 1% doesn't sound like much, but that already means that we have 1.3 million new renters. We're going to talk to Brad some more, including about. His apartment market forecast you're listening to get rich education. Our guest is apartment King. Brad sumrock, more when we come back, I'm your host. Keith Weinhold,    Keith Weinhold  20:09   flock homes helps you retire from real estate and landlording, whether it's one problem property or your whole portfolio through a 721 exchange, deferring your capital gains tax and depreciation recapture. It's a strategy long used by the ultra wealthy. Now Mom and Pop landlords can 721, the residential real estate request your initial valuation, see if your properties qualify@flockhomes.com slash GRE. That's f, l, O, C, K, homes.com/gre,   Keith Weinhold  20:45   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,   Hal Elrod  21:58   this is Hal Elrod, author of The Miracle Morning, and listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  22:13   Welcome back to get rich Education. I'm your host, Keith Weinhold. We're talking about a sector we have not talked about very much lately because it's been in rather moribund condition, but we are beginning to turn the corner where there are more opportunities in apartment building investing, because it's been beaten down an awful lot. And Brad, that plays right in to your apartment forecast. So tell us about some of the highlights of your apartment forecast.   Brad Sumrok  22:38   Yeah, sure. And one of the things that I want to share with you, Keith, is that, you know, back in the peak of the market, the market peaked, say, at the end of 21 early 22 there were so many investors that were in multifamily or that wanted to be in multifamily. And the other thing that caused this so called, you know, downturn that I didn't mention before is, let's take this $10 million deal. If a property was listed at $10 million you'd literally have 30 to 40 buyer groups pursuing that deal, bidding up the price. Yeah. And so a $10 million Listing would sell for 11 and a half million Okay, now what I'm seeing is that same $10 million deal might sell for a seven to 8 million and you might be the only buyer going after the deal. Wow. And how do I know? Because you said, like, I run a an investor community and and I have active multifamily buyers, and I coach them, and I look at their deals, and this is what's happening. And the other reason I know is I sold two of my deals personally in 2025 and both of the deals that I sold, I bought in 2015 where we had 10 year fixed rate debt. So we didn't sell because we had a three year loan. We needed to sell because we had a 10 year loan due. And look, first thing I'll say is I made money, because over that 10 year period, values did go up. They peaked in 2022 and they came back down that because I bought it so long ago. That's the one lesson that I think people also want to understand, is over the long term, the values always tend to go up, but there are short term ups and downs that one would need to be aware of. But when I sold these two deals like I didn't have many buyers one deal in particular. I mean, I had eight buyers going after the deal, but only one was anywhere close to what I wanted. So I was negotiating with myself, you know, telling the buyer and his broker, hey, you know the other guys are here, and you got to come up on price and you got to come up on terms. But truthfully, I was bluffing, because I didn't have anybody that was coming up on price or coming up on terms. And so part of why I'm answering this way is when you look at the forecast, one thing that that I want people to know is that those. Of us that are in the business now and that have our pencils up, and we're underwriting deals, and we're making offers, like I used to teach Keith, don't make lowball offers, because you'll develop a reputation of being that guy or that borrower or that buyer that submits lowball offers, right? And word will get around in that market? Well, right now, like low ball offers are expected, and I would encourage people, let's just say you make an offer that whatever the deal pencils out to. So if you know how to underwrite deals correctly, and they're offering 10 million as a listing price, and you're coming up at seven or 7.5 don't be bashful to make the offer, and you may be the only buyer in the game. So that's one thing is like the competition that I'm seeing right now on the buyer side is not a lot of competition, and that's definitely shifted to a buyer's market. So people need to know that. The other thing I would say, on the macro level, is there's still a lot of uncertainty out there, and the uncertainty is kind of becoming like what I would call a new normal. You know? I'll speak for myself. When Trump was elected and at the end of 2024 I thought it was going to be amazingly well for all of us real estate investors, right? And there are some things that have been like the big, beautiful bill that restores 100% bonus depreciation like this is a really good thing, but you know, the tariffs, the immigration policies, some of the things that he's doing, you know, they have mixed impact for us and our in the economy and in real estate and in multifamily. And the thing is, when he first started doing that again, like lenders, they didn't know how to price debt, like, what's going to happen with tariffs, what's going to happen with ice what's going to happen with immigration, you know? But now that we're a year in to his second term, I can tell you a couple things. Debt is back. Lenders are lending. They're confident. Lenders are issuing debt like you can get 70 to 75% of your acquisition funded by a commercial lender. The government agencies are lending. Freddie Mac is lending. Fannie Mae is lending, and they have a mandate to lend 20% more money in 2026 than they did in 2025 so that bodes well for people that want to get, you know, affordable workforce housing, which is my specialty, also known as Class B and Class C housing. So the lenders are lending like, there's a lot of debt out there. One of the challenges is the equity. There's a lot of institutional equity. But if you're going to the retail investor who got into the business three to five years ago. They don't want to hear about your next deal right now, they're wondering about, hey, what about the deals that I'm in? Right? So one of the things that I'm doing, Keith is, and I think, you know, this is like, you know, I build up a huge investor community from 2012 to 2022 and I did it by traveling the country, speaking at conferences, sponsoring trade shows, talking about the benefits of investing in apartment buildings, how it changed my life, how it enabled me to retire from a six figure income in just three years, and how I've helped many, many other people Do the same, and also just sharing experience today, every asset class, every 10 to 15 years is going to go through a correction. And so where we're at now. And I wasn't the only one on the forecast. I brought in John Chang who is the senior intelligence officer at Marcus and millichep, one of the biggest commercial real estate firms in the country, and he presented about 20 or 30 slides that by and large were very bullish on where we're at in the market cycle. Why now is a great time to be looking at apartment buildings, a lot of the same things that I've been talking about. Prices are down. It's a buyer's market. We have a huge affordability issue. More and more people are becoming renters, and so what I'm committed to do, Keith and I don't know if I shared with you my travel schedule, like when we met each other last month, but I'm on the road every single week going to another city, talking about where I see us right now in the market, and why people should be looking at deals and making offers right now. Because to me, you know, Warren Buffett said it best. He's like, you want to be fearful when everybody else is being greedy, and you want to be greedy when everybody's being fearful. And right now, people are on the sidelines. They're waiting for some green light, like for the Wall Street Journal to come out and say, Hey, now's a good time, you know? I mean, look, Trump, just the point of the new Fed chair, right? And so we know interest rates are going to go down like that's one of his goals, and the guy that he appointed is going to lower rates. So we're looking at a future, a very near future, where we have lower rates, and lower rates is going to create more demand, again, for people that want to buy. I invest in apartments now, look, if you wait another year, I still think it's going to be a good time, but I think we have a better time right now.   Keith Weinhold  30:10   I sold one apartment building in 2022 for about $1 million and I sold another one of my apartment buildings in 2023 for about $1 million I had bought those in 2013 with 10 year balloon loans, so I was enjoying that nice fixed rate as late and as long as I could, until 2022, nine years and 2023, 10 years before the rate went up on me. But of course, my new buyer had to pay that rate, so it limited the amount that they could offer for it. However, to your point about investing for a long time horizon, I still had profits on those nine and 10 year holds, but yeah, to your point, Brad about the looser lending, this is huge. I read a summary of the latest national Multifamily Housing Council meeting, and one of the biggest takeaways that came out of that meeting is that there is abundant debt available. It's in increasingly attractive terms. And a lot of people think about mortgages, and they just think about the rates, and you should that's certainly important, but they don't think as much about the propensity for others to lend. How loose, or how tight are those standards? They're loose, yeah.   Brad Sumrok  31:25   And, I mean, look, the first deal I did in 2002 the interest rate was 6.35% the rates right now are less than that, you know, as of the date of this recording. So, you know, I always talk about a base case of a $10 million deal. It may seem large to you or to people listening, but like in my world of syndication, where we're not just looking at the real estate piece, but learning how to raise money to buy real estate so we could have a bigger property that's professionally managed and become a true business owner like Robert Kiyosaki talks about, do you want to be self employed? I tell my students, buy a six Plex. Do you want to own an apartment business by 60 units and hire a management company? So when I'm talking about this $10 million deal, you know, you can get a $7 million loan right now for probably in the mid 5% and it would be non recourse, and you could probably get three years of interest only, meaning for the first three years, you're going to have a higher cash flow. So like, this is a really good loan compared to 2021 when we could get 3% debt. It's not but remember that 3% loan was a short term loan. You know, it wasn't a 10 year fixed rate loan, it was a short term loan, and we all saw what happened with that when they raised rates so many times in such a short period. So the fixed rate debt is very competitive based on, like, the long term, 20 year average, and it's lower than it was when I started.   Keith Weinhold  32:55   Well, we've been talking about elements of your apartment market forecast, and of course, that's going to inform your Buy Box. Brad, you mentor students constantly and oftentimes we think about a Buy Box. We think about then in terms of geographic market, but as we look for an opportunity, we also might think about some other things in your Buy Box, for example, new build versus vintage build. So with all of this traveling you do, and you're in the markets, and you're informing students, and you're looking at students prospective deals as well. But tell us more about what a good buy box is for the near term in apartment buildings.   Brad Sumrok  33:36   Yeah. So look like what is in the buy box, right? So one is going to be your location. And so, you know, how do I select a good location? Just some tips and strategies around that is, I look for landlord and business friendly environments. In other words, if the tenant doesn't pay, do they get to stay or not, you know, so I like to be in market so that they don't pay, that we could legally, you know, not have them consume our product for a long period of time. So I also look at things like job growth and population growth, affordability gap. New supply is a percentage of inventory, you know, the new supply coming online in a diversified economy. So, like, you want to get your geographies nailed down. Like, where you buy matters, like, there's no substitute to I would rather pay more for a property in a location that meets that criteria than less for a property that doesn't. Yeah. So geography is important. You want to pick your property size, like, how many units, or what's the price point. Okay? And this is huge, because if you're gonna buy your own deal with your own money, which is another reason I prefer syndication. Let's say you have pick a number, 100,000 to invest. Like you can only buy a $300,000 property, two units somewhere, three units somewhere, you know. Or zero units somewhere, right, right? So if you have expanded your you know, your mind and your skill set to do a syndication 100,000 doesn't limit you to your own money, you know. And then I would say, Well, what is a great size for a first time syndicator is I would target somewhere around 60 to 80 units, and at 100,000 a unit, which is a ballpark price for maybe a nice B class property or high C Class property, and a market that meets the criteria that I outlined earlier. You know, you're looking at, say, a six to $8 million property. And so what you could do from there, Keith is, you could say, Okay, well, you know, this is why, like in my educational course, I use a $10 million property, because the numbers are easy. But even just say, Well, I'm going to do an $8 million property, you'd say, Okay, I need two to 3 million down, depending on the debt, right? And then I'm going to get a the balance in a loan, you know, because you could get a 70 to 75% loan. So then you ask, Well, where am I going to get to 2 million, right? If I have 100 I need $1.9 million and so then you got to start thinking about like, do I have access to people or work or in the neighborhood or at the community or at the church, you know, or do I go to masterminds and conferences and meetup groups like, where I saw you Keith last month, like, there's a lot of investors there with a lot of money, right? And some of them are looking to be passive investors. And so, you know, there's a whole nother conversation around, you know, raising capital. And if you can't raise capital, then you may want to bring in some people on your GP team that could help you raise capital, as long as you're following, like the SEC compliance and again, that's another discussion. That's the importance of having the buy box so you have your geography, your property size, your property class. You know, again, if you just want the new construction stuff. There's some people out there, like big name, famous people, that are highlighting their 800 unit a class deals that they're buying. And of course, like you or I that are just getting started, can't go buy that deal. And so why? You know the institutions are going after the large A class properties in the best areas. And so where I've made my niche Keith, and what I would recommend most people start is start with the older vintage properties, start with the 1970s properties, and then maybe work your way up to the 1980s and 1990s properties. And why is this is because the institutions don't want those properties, and they're still able to be professionally managed. Like, if you go and buy 100 unit C Class property, as long as it's not in a bad neighborhood with, like, high crime or whatever like that. Like, these are very honest, hard working, working class people that need a clean, safe and functional place to live, and you'll be able to get better returns on a C or A B class, also known as like the cap rate. And again, that's another discussion, but you'll be able to get a better return on an older vintage property than you would on a vintage property. And you're not competing with the institutions, but you're also not competing with the mom and pops, because the mom and pops are going to take that 100,000 they have and go buy a duplex. You know, they're not going to want to syndicate a deal. They're not going to want to have partners. They're not going to want to deal with the so called complexities of buying a company. And that's what buying an apartment community is, Keith, it's buying a company. You're buying a business that has an income stream already being generated those customers, they're called residents. They're called tenants, you know, but if you just go upstream from buying real estate or buying an apartment building, we're buying a cash flow producing business that's existing, that's in place, and then our job is to figure out how to run it better and more efficiently. You the   Keith Weinhold  39:04   You the listener, you might have access to, say, 500k in equity that's sitting in your existing properties. And some of these numbers that Brad and I are throwing around are rather large, $10 billion but one of the biggest epiphanies that I think your students have is that doesn't need to be much of your own money. We're talking about what's called the capital stack to take down a $10 million apartment building. Maybe you borrow seven and a half million of that. Maybe you raise 2 million of that from your other investors in the syndication, and then you put your 500k into the deal, and there you have $10 million in order to make that purchase. But yes, that does involve a learning curve and the SEC rules and all that. But the big takeaway here is you don't need much of your own money. You can leverage other people's money, even for the down payment. And Brad, you're also an expert at showing people how to pay almost. Zero tax, which is another discussion unto itself, but some of your students start with zero experience, and within a few short years, I mean, you've had hundreds of people that have either retired early or increased their net worth by over a million dollars. A lot of success stories,   Brad Sumrok  40:17   yeah, look, I mean, I started with no previous real estate investing experience. My experience was going to college, studying hard, getting decent grades, becoming an engineer, you know, being fired once, being laid off once, and reading Robert Kiyosaki books that motivated me to to go out and seek specialized education. And I think it was Jim Rohn that said formal education, like degree could get you a job, and specialized education like you can get in a conference or a mastermind or a mentorship program. And that's also how I started. I went to a weekend workshop back in 2001 and I bought the mentorship program. And boy, I'm glad I did, because, you know, that's how I got into my first 62 units. So you don't need to have experience. What you need to have is a powerful reason, a powerful why? Why do I want to be financially free? Like apartments is just a vehicle. I didn't choose apartments because I love departments. I choose departments because they cash flow, they go up in value, and you have amazing depreciation benefits.   Keith Weinhold  41:23   Yeah, I'm the same. I don't love apartments in a way. I don't love real estate. I love what these things do for me    Brad Sumrok  41:30   exactly. Yeah? So, like, you don't have to have experience. In the other category, of people that have come into my community that don't have apartment experience, a lot of them have real estate experience, Keith, that are doing, like, single family homes, short term rentals, or maybe smaller, multi unit deals. And they listen to a show like this, and they're like, huh, I want to transition from doing these smaller types of assets with my own money and self managing to scaling into a syndication.   Keith Weinhold  42:03   Brad has taken countless people from get rich education to got rich education. His core values are faith, finance, fitness, family and fulfillment. He is committed to helping people experience not just financial success, but personal fulfillment, purpose, contribution, freedom and Brad and his investor community have contributed over $1 million to charity. Is really the person you want to learn from if you want to think about going bigger with multifamily apartment buildings. This has been great, Brad. Let our audience know how they can connect with you and learn more?   Brad Sumrok  42:42   Yeah, sure. So I would say this is where I should just be very clear here, okay, but I'm gonna give a couple options, because that's what I'm so of course, there's a website which is my first and last name.com, B, R, A, D, S, U, M, R, O, k, for those of you on social media, I respond to my own social so you'll find me again. B, R, A, D, S, U, M, R, O, K, on LinkedIn, Instagram and Facebook.   Keith Weinhold  43:13   Brad, it's been so valuable. It seems like American apartment buildings are in for redemption story here. It's been great having you back on the show.   Keith Weinhold  43:29   Brad and I both emphasize physical fitness, and we chatted about that a good bit when we were together last month. I think he looks better than me. To summarize, the reasons for this historic collapse in apartment building values. It was the combination of soaring interest rates, massive inflation, spiking insurance costs, construction soared, and it created an oversupply, and that oversupply still is not absorbed. In fact, according to the outlet apartment list, the National multifamily vacancy rate recently hit 7.2% that's the highest in the history of the index, which dates back to 2017 and that's chiefly due to apartment oversupply. Have apartments really hit the bottom? Brad just said, we're at or near the bottom, and it's a good time to be gearing up as far as what's coming. To give you an idea of new apartment supply, what takes about two years from construction start to completion. And now you can't just have all US apartment construction come to a complete stop. You have to keep people working. And there are almost 400 MSAs in the United States, so you couldn't coordinate a complete ceasing of construction across every area. So how about the level of new construction starts in apartment units today, and the way that HUD counts it is the number of units started in buildings of five plus units the recent peak. Was about 600,000 annually in 2023 and today it's closer to 400,000 there it is that slowing pace of new apartment construction. If you jump into multifam, be careful of properties with deferred maintenance, because understand that you have a lot of underfunded owners Now Brad can tell you specifically what to look out for his rat race to retirement event is March 28 and 29th in Dallas. It's a two day hands on workshop. You'll learn how to find apartment deals, how to underwrite deals, how to raise capital management and your exit. Discover how you can retire in five years or less by owning apartments again. His website is Brad sumrock.com    Keith Weinhold  45:49   coming up on future episodes here on the get rich education podcast. We're about to go on a run. The next stretch of GRE is loaded. We've got fresh topics with some game changing monolog content that I'm going to share with you new guests, distinguished experts, we're going to break down an innovative way to sell properties that could completely change how you think about your exit strategy of the 50 US states. I'm going to discuss some awful states to invest in, including ones with population loss. On another episode, a distinguished subject matter expert and I are going to dive deep on does America really have a housing shortage, not in apartments which are oversupplied, but is there a shortage in the one to four unit space? That's our topic, because you probably heard contradictory information in the media about whether there's a shortage or not, and then some outlets say there's a housing shortage of 2 million units. Others, 10 million. They're all over the place. We're going to sort it out on an upcoming episode. Does America really have a housing shortage? Then the youngest guest to ever appear on the show will be with us. He's a 19 year old college student that has a real estate investing related major, and since last year, he and I have befriended each other. He was born in about 2006 so it'll be interesting to see how he views the investing world and what they teach him about real estate investing in college today, he is probably the most impressive teenager that I've ever met in my life. Then six weeks from now, we will have an epic get rich education podcast episode 600 on a subject as paradoxical and complete with a GRE contrarianism That builds real wealth, debt is the American dream will be episode 600 if you're serious about building wealth, be sure to follow or subscribe to the show. We are going on a run. If you know someone in your life who needs to think differently. If you know one investor who's still waiting for perfect conditions. This will help them tap the Share button and tell them about the show until next week. I'm your host. Keith Weinhold, don't quit your daydream.   Unknown Speaker  48:14   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  48:42   The preceding program was brought to you by your home for wealth, building, get richeducation.com  

Before the world would be introduced to the Power Rangers, we had Super Sentai, but we also had a creation from Hong Kong filmmakers, The Shaw Brothers, with INFRA-MAN. With loads of unique villains, wild special effects and kick-ass fight scenes, where does INFRA-MAN stand amongst other super heroes? Special guest Jason Ellsworth of  @majamaproductions  (co-writer and director of BAD CGI SHARKS) joins us to break down this wild ride of a film. It's time to enter THE MONSTER ZONE! Podcast art by Mikey Ward Follow Jason and MaJaMa: https://instagram/majamajams https://youtube.com/@UCW1cMTdfNyaJelaCebDNnOA  Check out BAD CGI SHARKS on Prime, Plex or Tubi  Mikey's socials: https://x.com/specterm91 https://instagram.com/specterm91 https://threads.net/@specterm91 Dissect That Film socials: Go to our Linktree for links to everything (Socials, merch, podcast app links, YouTube channel) https://linktr.ee/dissectthatfilm Rate and review the show wherever you listen to the show.

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Send a textThis week's enterprise software developments underscore a widening gap between rapid AI-driven platform innovation and the unresolved execution risks embedded in large-scale ERP programs. On one side of the ledger, Mendix and OutSystems both advanced their agentic AI roadmaps with new releases aimed at operationalizing autonomous workflows, while ServiceNow's unveiling of its AI Experience, Sprinklr's new AI capabilities, and Braze's product enhancements at Forge 2025 reinforce how aggressively vendors across ITSM, CX, and marketing automation are repositioning around AI-first interaction layers. Salesforce's latest Slack updates and Upstream Works' enhanced agent desktop further extend this trend into collaboration and contact center operations, signaling that AI augmentation is now table stakes across front-office and service environments. In parallel, Plex's expanded connected worker integrations highlight how these same concepts are being pushed into manufacturing execution and workforce enablement, while Cleo's invoice payment and financing solution reflects growing pressure to modernize B2B financial operations. Yet this innovation narrative is tempered by Daedong USA's loss of an injunction in its ERP dispute—placing its $11.4 billion suit in jeopardy—which serves as a reminder that beneath the AI acceleration, legacy implementation failures, legal exposure, and governance breakdowns continue to create material risk for enterprises betting on large transformation programs.In today's episode, we invited a panel of industry analysts for a live discussion on LinkedIn to analyze current enterprise software stories. We covered many grounds including the direction and roadmaps of each enterprise software vendors. Finally, we analyzed future trends and how they might shape the enterprise software industry.Video: https://www.youtube.com/watch?v=_Arr9GjwOBsQuestions for Panelists?

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

On Hands-On Tech, Mikah Sargent answers listener Don's questions on how to set up a Mac mini as a home theater system. Send in your questions to Mikah at hot@twit.tv! Host: Mikah Sargent Download or subscribe to Hands-On Tech at https://twit.tv/shows/hands-on-tech Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord. Sponsor: Melissa.com/twit

UNLIKELY ROMANCES Month continues with Movie #2, and we're going back 40 years for Jonathan Demme's 1986 quirky rom com Something Wild with Jeff Daniels, Melanie Griffith, and making his feature film debut, Ray Liotta. From IMDB: A free-spirited woman "kidnaps" a yuppie for a weekend of adventure. But the fun quickly takes a dangerous turn when her ex-convict husband shows up. Something WIld is currently available on Prime Video, Plex, and hoopla. (As of 2/10/2026) ENJOY! Love and Rockets, Corey and Joseph ------------------ If you'd like to show your support for members of WGA, SAG, IATSE, as well as other workers in the entertainment industry, please take a look at the link below and maybe make a donation: Entertainment Community Fund https://entertainmentcommunity.org/support-our-work ------------------ As always, and maybe even more than ever, here are some mental health resources for North America: United States  https://www.mentalhealth.gov/get-help/immediate-help https://suicidepreventionlifeline.org/ The Suicide Hotline phone number has been changed. Now, just text or call 988. Canada https://www.ccmhs-ccsms.ca/mental-health-resources-1 1 (833) 456-4566 Even though we don't say it in this episode, more NOW than ever before: PLEASE PLEASE PLEASE take care of yourselves and those around you. Be mindful of your surroundings. Karate in the Garage Linkages 

Check Out Echoplex Radio iTunes, Stitcher, Google, iHeart, Spotify, RSS, Odysee, Twitch, YouTubeSupport This Project On Patreon Check Out Our Swag Shop Join Our Discord Server Check out our Linux powered studio!‍ ‍Host: Producer DaveDocket: https://bit.ly/2-8-2026-docMembers ShowFourthwallPatreon

Send a textThis week's enterprise software headlines highlight a market simultaneously accelerating into agentic AI while still wrestling with the structural and legal fallout of past transformation failures. On the innovation front, Genstore's $10M seed round, Tray.ai's launch of the Tray Agent Hub, and new agentic releases from Mendix and OutSystems underscore how aggressively vendors are repositioning around autonomous workflows and AI-first orchestration layers. ServiceNow's unveiling of its AI Experience and Plex's connected worker integration push the same narrative into IT service management and manufacturing operations, signaling that agentic concepts are no longer confined to experimental edges of the stack. At the same time, a parallel storyline of governance and execution risk is playing out, with Zimmer Biomet's $172M ERP lawsuit against Deloitte, Europe's continued delays fixing a troubled Oracle system, Daedong USA's faltering ERP injunction, and the EU Commission's investigation into SAP's practices reinforcing how fragile large-scale enterprise transformations remain. Together, these developments paint a bifurcated 2026 landscape: rapid platform innovation driven by AI ambition on one side, and unresolved accountability, regulatory scrutiny, and implementation risk on the other.In today's episode, we invited a panel of industry analysts for a live discussion on LinkedIn to analyze current enterprise software stories. We covered many grounds including the direction and roadmaps of each enterprise software vendors. Finally, we analyzed future trends and how they might shape the enterprise software industry.Video: https://www.youtube.com/watch?v=m3VmbEsy5uQQuestions for Panelists?

Si te gusta lo que escuchas y quieres apoyar esta empresita, ven a ver el programa en directo de lunes a jueves a las 18:00h en Twitch.tv/chiclanafriends

Keith shares how a recent trip to Colorado Springs and a changing commission landscape reveal what really matters for real estate investors now From there, the show dives into the three levers investors truly control—leverage, operations, and relationships—before welcoming lender Caeli Ridge to break down the major mortgage options for investors. You'll hear how different loan types fit different strategies: from your first conventional "golden ticket" loans, to DSCR loans based on property income, to short-term fix-and-flip and bridge loans that prioritize speed and flexibility.  The episode then moves into how more advanced investors can scale beyond 10 doors, navigate debt-to-income and tax strategy, and even approach financing for short-term rentals—all while highlighting why having the right lending partner and long-term plan can make a big difference to your results. Episode Page: GetRichEducation.com/591 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold with new ways to think about your life through goals momentum in the real estate market. Then learn about various mortgage loan types, conventional DSCR, fix and flip, bridge loans, short term rental loans and more. Knowing which loans to use can save you millions and learn the fatal mortgage mistakes you must avoid today on get rich education.   Corey Coates  0:29   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads and 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Speaker 1  1:14   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:30   Welcome to GRE from Winnebago, Minnesota to Winnipeg, Manitoba, and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get rich education, the voice of real estate investing since 2014 before we get into the mortgage discussion, where we'll discuss five or 10 different investor loan types and their various pros and cons, which could save you millions over the course of your life. I shared with you that I traveled to Colorado A couple weeks ago, for a goals retreat hosted by the real estate guys, top notch event, I spent extra time there in Colorado Springs, because I find it really livable, and I spent five hours with a local realtor there, one day out and about visiting properties in the area I'm potentially looking for a home or a second home. And by the way, how is this for a price range? The realtor wanted to know what my Buy Box is, and since I'm just learning the Colorado Springs market, I told him I'm willing to spend between 400k and 1.2 million on the property, yeah, pretty wide range, a mile wide. Fortunately, my other Buy Box criteria are more narrow and specific, and I have got to say, I'm surprised at how low the area's home prices are. I thought they'd be higher. Interestingly, before touring homes, my buyer agent wanted me to sign a six month exclusive representation agreement. Fair enough, that's standard stuff. It was on the agreement, though, that I as the buyer pay a 3% commission up on the purchase, and the seller would presumably pay the other 3% to make up that total 6% commission for the agent compensation. Well, historically, the seller paid the entire 6% and this, of course, goes back to the NAR settlement, and that ruling that became effective in August of 2024 you probably remember this, and I talked about it on the show back then, and how it's not really that big of a deal, especially to investors like us, because at GRE marketplace and with our GRE investment coaching, it's a direct model. There's zero commission on either side, and then you, in turn, get some of those savings, but out in the larger world and in the owner occupant world. Well, that rule change that started a year and a half ago. It means that sellers are no longer required to pay the buyer's agent. Instead, the fee is now negotiable between buyers and their agent. The other change is that property listings no longer display the buyer agent's commission offer. But here's what's interesting in practice, and what really ends up happening in the end, in most cases, is that the seller still pays the full commission and compensates both agents that full 6% sometimes it's 5% instead of six buyers and buyer agents, they still operate under the seller pays. And that's largely because that has just been the norm. It's what's seemingly always been done. It's what buyers are used to. And the reason that that often persists. Is because the seller is the party in the transaction that has that thick equity in the property, deep equity, and buyers are the ones often just trying to scrape together whatever they can for a down payment and closing costs. Buyers are not going to be able to come up with another 15k for an agent commission when they're buying a 500k property, that's 3% especially today, this is true because American homeowners the seller then still have record equity positions of about 300k an all time high. Nearly half of mortgaged homes are considered equity rich. What does equity rich mean? It means that the loan balance is less than half of the home's value, yeah, the seller has the means to pay the full commission. So the point is, in practice, the seller, yeah, still pays that full five to 6% commission in the overwhelming majority of cases, and the buyer pays nothing. And if that does change, it's going to take a long time. You know, a lot of these evanescent real estate stories that people think are going to have some seismic impact. It rarely does, like this erstwhile NAR ruling or the 50 year mortgage proposal or banning big institutions for buying more single family rentals. You know, this stuff is like one little baseball sized asteroid striking an entire planet. I mean, it's like a barely discernible impact. Real estate is anchored in one place like Jabba the Hut. It is solid. These stories are interesting, but they're not impactful.   Keith Weinhold  6:52   Instead, I've mentioned it before. What are three things you control in real estate that really matter. And these are evergreen things. First, it's, how many dollars are you leveraging? That's where your wealth is going to come from. In fact, we're going to discuss that today with mortgage loan types. Second, what's the efficiency of operations on your existing properties? And thirdly, what is the quality of your relationships? And actually, we're addressing the third one today too, talking to a lender that you could make part of your team. You can control these three things. They're unyielding, they're evergreen, they're long term, and they all have gratitas and impact those three things, leverage operations and relationships. Now my agent drops me off and picks me up from my hotel here at the Broadmoor in Colorado Springs. This was also the event hotel for the goals retreat. I just extended my stay to hang out in the area. Look at real estate, do some climbing on Pikes Peak. Pro tip for you on hotel room rates, talk to a human being before I booked my stay, I called the front desk and asked them if they could extend the attractive event room rate to more nights on my extended stay. And they agreed. You might have heard of the Broadmoor. It is well known. It's been here for more than 100 years, and it is such a fine place to stay. Let me tell you about this special piece of real estate. In fact, I've thought it through, and I will now hereby proclaim that it is the finest us hotel experience that I've ever had in my life. I say us because I stayed at an amazing place in Dubai. But what makes the Broadmoor stand alone? It's the details and the service. A lot of hotels are nice, but this is on a different level. And I don't say this to brag, and this is because you probably can afford to stay here, yeah, like I have. You might have paid more elsewhere in your life for a lesser hotel, although I am here in the low seasons. Okay, now, sure, you've got views of the Rockies and a man made lake and waterfall and even a beautiful chandelier in my hotel room. The thing that sets it apart, though, is you have this service that feels old world and not corporate. That's what makes the difference. The Broadmoor is horse themed, since horses are a symbol of the American West. There are about 800 rooms here. It's kind of like a self contained adult Disneyland championship golf courses, a world class spa, even an outdoor lap swimming pool like that has lanes that I swam in one morning for. Fine dining, casual dining, access to hiking, fly fishing, even falconry, zip lines, tennis, pickleball pools. Take the cog railway to the Pikes Peak, Summit. Okay. Now, other nice hotels have attractions that are sort of like that, but when I rave about the service, it's the little things they are knocking on my door before 10am to come in and clean the room. And you know how so commonly, when you first check into your hotel room and you look in the closet, there are not enough clothing hangers, and they're all like stupidly mismatched. These all match. They're all nice wood, and there are plenty of them. So I'm talking about these details. I'm telling you. I had dinner at one of the broadmoor's restaurants the other night. I just happened to take a close look at the tag on the napkin. Sure enough, it is made in Italy. I mean, jeez, no detail is overlooked at this stellar place. In fact, here's what I'll do. You know, I'll just completely stop my Colorado Springs home search right now. Instead, I'm going to stop down by the Broadmoor front desk, tell him to give me some moving boxes, because I'm moving into the Broadmoor and I'll be here for the next decade. Start forwarding my mail here and everything. And hey, at least I was courteous enough to give them notice. I can't stay here too long, or my standards will be rising faster than my net worth. Yeah, yeah. Can't go to sleep with a mint on your pillow every night, I suppose.    Keith Weinhold  11:38   Now, the reason I came here now is to attend that aforementioned goals retreat, and let me take all the time and all the resources that I put into being here and distill them into just a few of the most salient takeaways for you. Goals should be smart, strategic, measurable, actionable, relevant and time based, they must be written down. Now, how would you describe yourself to somebody else that didn't know who you were? Write that down next. What do you think your reputation is? How would others describe you? Write that down now that you can see how you describe yourself and how others describe you, you can see that there's a gap there. That gap is what you need to work on. I learned that goal should be written in the present tense, not the future tense. I did not know that before. For example, say it is January 1, 2035, and I own $5 million in rental property. That's an example of how you would do that. So take future events and write them in the present tense. Other questions at the goals retreat that got really introspective are, what are you really going to do with your life? And write down that answer. Sheesh, that is tough. And if you think that's a hard question for you to ask of yourself, the next one is even harder. It's simply why? Why is that where you're going with your life? And then write that down? I mean, would you answer questions like this for yourself? And you really think about it, that can occupy a new segment of your entire headspace. It is a big cognitive load, and a last one to leave you with is to dream not just big, but gigantic. Get it out there, write down a dream that interests you, but it's so grandiose that you're actually embarrassed to tell someone about this stretch dream, for example, for me, it's the first person to walk on another planet. No human has ever done that, and this would most likely happen on Mars. See, this is so grand that is sort of embarrassing for me to even share that with you. It almost makes you sound Loony, like I would have to learn so many new skills to travel to and walk on Mars. But you should write down a bunch of other goals too. You're sort of brainstorming on goals, attainable goals. Recall that is the A in the SMART goals acronym, you want to write down a bunch of attainable ones, not just that stretch one. So for attainable ones, one of them is for me to become the highest man on earth. To give you an example. And I attempted that goal two years ago, and I failed. I told you about that at that time. But see now, compared to my embarrassing stretch goal of walking on Mars, the highest man on earth feels attainable, I know what it takes to achieve it, and it's worth doing, ah, but it's a grind to get there, yet it would be worth it. Those are some quick take. Ways from the real estate guys goals retreat while on stage the event host Robert helms he took a minute respite from the goals material, and he recognized the fact that, as he calls it, the four OG real estate podcasters are all in the same room. One of them is helms himself, and now I feel like the other three are all older and doing it longer than me. I was one of the four that he mentioned. But you know, there is only one podcast that was mentioned from stage, and that is that Robert helms told the audience that they should be listening to the get rich education podcast. That was a nice thing to say, and he is always a gracious giver.   Keith Weinhold  15:45   Next, we're talking about four major loan types, conventional DSCR, fix and flip and then bridge loans. When we discuss the first two parts of it could sound repetitive, but you'll see why we do this, because then you'll be able to compare it to nichey loan types that we discuss, for example, the speed of a bridge loan, where you can get funded in just one week, compared to a slower conventional loan. The mortgage landscape changes. I still remember how in 2012 we had still somewhat freshly emerged from the global financial crisis, and back then, you could only get four conventional loans, four rental properties, not 10 like you can today, 20 married. So get your loans while you can, you probably won't always be able to get 10 loans. We'll start with loan types that are more for beginners, and then we'll get to advanced material. Let's welcome back one of our favorite recurring guests.   Keith Weinhold  16:54   You can make millions more throughout your life by understanding mortgage loans. This is key, and today it's the return of the woman that's created more financial freedom through real estate than any other lender in the entire nation, because she's the president of ridge lender group. Hey, it's time for a big welcome back to the incomparable, yet somehow still so approachable Chaley Ridge   Caeli Ridge  17:16   my Keith, thank you for having me. I love being here. I love what you're doing. It's my pleasure, sir.   Keith Weinhold  17:23   And our followers, our listeners, have been approaching you since 2015 you're one of the longest running guests, truly one of the OGS around here at GRE and now Caeli, before we discuss loan types. You know, we don't really talk politics on this show rather policies, and we're in the midst of a presidential administration that often, in the name of the word affordability, is trying to supremely shake things up in the housing market. Help us dissect what matters and what won't.   Caeli Ridge  17:58   I have found that at least as it relates to current administration, whoever that might be, I wait for the buzzwords or the taglines to become the actual policy. Like you said, That's a good point in this case. You know, you've got things floating around, like the 50 year mortgage cutting off the hedge fund guys and that kind of thing. Whether or not, those things come to fruition. I'm happy to give my opinion on them. I do not think that it's going to move the needle much for the people that you and I serve with regard to I mean, just taking them one at a time, I don't think that the 50 year is going to come to fruition. Just first and foremost, if it did do, I think it would be a good idea for a homeowner, probably not, but for an investor, maybe if there's some way that we can keep our payment lower, given the maturity date of a mortgage for an investment property is usually about five years. I mean, I know that this is a 30 year fixed mortgage, but statistically speaking, the average shelf life of a non owner occupied mortgage is about five years. So getting a 50 year amortization, if that were going to reduce the payment, I don't think is a bad thing for an investor, however, and this may get a little bit technical for the listeners, so I apologize in advance if we were to go to a 50 Year am the adjustments, something called, and you and I have talked about this before, something called an llpa, that stands for loan level price adjustment, I think would be such that it could end up defeating the purpose of having the longer term amortization, because I think the interest rates would be higher and I think they may offset so that was a long way to say. One, I don't think it's going to happen. I don't think it's actually going to get to its final resting place. And two, would it be a good idea for investors, yeah, I think it would be worth considering if it kept the payment lower. Okay, that's that as the other piece to cutting off the hedge funds, the big, you know, BlackRock, some of the big players, and giving them access to the residential housing and first right of infusion or etc, because they've got such deep pockets. You. It's such a small amount to what our individual investors are going to have access to that I don't think that that moves the needle either. So I don't know if I'm answering the question, except to say anything that they're going to tout, I would wait for it to actually become written in stone and pass by the rest of the powers that be before I would get excited about or concerned about any of it.   Keith Weinhold  20:21   This is pretty parallel with what I've been telling our listeners. All these things seem to make splashy news, but I haven't seen anything that's going to make a deep impact yet, whether it's the 50 year mortgage, which probably won't even come to fruition, or if it's doing these mortgage bond buy downs in order to bring more liquidity into the market and bring rates down, or if it sees any of these other things being discussed with these institutional investors, since they already own such a smaller proportion of the housing market than a lot of people think, we'll discuss seasoned real estate investors and their loans shortly, but first for newer real estate investors, you Know, chili, I kind of think of four or more loan types that a beginner should be familiar with. I think of conventional loans, dscrs, fix and flips and then bridge loans, the first one with conventional loans. What are the basics that someone should know?   Caeli Ridge  21:17   So first of all, you should know that there are 10 of these. We call them the golden tickets. I'm pretty sure I coined this, okay, 100 years ago, the golden ticket. We call the conventional aka Fannie Freddie, aka agency. They go by different names, but they all mean the same thing. We call them the golden tickets because it's the highest leverage and typically at the lowest interest rate you can find. Now I do have a hook in our conversation today about that. I'll get we'll get to it. There are 10 of these per qualified individual. So one of the first things that I would tell somebody is, is that if they are a partnership or a husband and wife team, you want to make sure to keep the debt obligation separate, because if you want to maximize these golden tickets, let's just say it's a husband and wife team. You each have, per qualification access to 10, and that includes a primary residence. In fact, let me just take a quick second and define what counts in the 10, because some people get this wrong. So the 10 golden tickets are counted by any residential property, single family, up to four Plex that has a loan on it, where the loan is in the individual name or personally guaranteed by the individual. That's where people get tied up. So if they went out and got a kind of more of a commercial type loan, that was in an LLC name, for example, but they signed a personal guarantee, per Fannie Freddie guidelines, that particular mortgage is going to count against the 10. So those would be some of the first pieces of news or detail I would give them about conventional    Keith Weinhold  22:40   for married couples, don't take ownership in both the husband and wife's name, either the husband or the wife. That way, you can get to 20 rather than 10. And yes, you do have to be mindful that your primary residence does count in that 10 or 20, whatever it might be. Anything else quickly with conventional loans, LTVs so on,    Caeli Ridge  23:01   yeah, LTV can go to 85% loan to value. So you get a little bit extra than you're going to get in some of the other loan product types. It will have PMI, private mortgage insurance, anything over 80% LTV will always have PMI on a more conforming, conventional basis. So keep that in mind. But the factor is pretty low. I would encourage people that are looking to stretch the almighty dollar. Do the math. Look at the 85 with PMI against, say, an 80% and see what are you giving up versus what you're getting. And then qualification stuff, you guys, my dumb joke, it's Keith's favorite. I'm sure vials of blood and DNA samples are sort of required for the Fannie Freddie loans. So just be prepared to supply or submit us the tax returns and pay stubs and bank statements and and all that stuff,   Keith Weinhold  23:44   you'll feel like you're getting fingerprinted almost for a conventional loan qualification. And the second one that I brought up DSCR loans, that's short for debt service coverage ratio. And these mortgages are pretty standard for rental properties. They're underwritten based on a property's income potential. So you know, the way I think of dscrs Chaley from the lender's perspective, is that sustainable cash flow is what matters. The rent has got to support the property's monthly mortgage payments. So we talked to us more about dscrs.    Caeli Ridge  24:15   Yeah, I love this product, and this is for somebody that either can't fit into the conventional Fannie Freddie box, or maybe they've exhausted their golden tickets and they're graduating and moving on. This is a great option that will reduce the amount of vials of blood and DNA samples that you're going to have to submit. It still provides for a 30 year fixed mortgage. The leverage is roughly the same, 80% in most cases, on a purchase. And to your point, the gross income divided by the principal, interest, taxes, insurance and Hoa, if it's applicable, is the simple formula, the easy method I'll give people, just to kind of solidify that math, is that if the gross rents were $1,000 a month, and if the PI TI was $1,000 a month, when you divide that, your debt service is 1.0 Now you can go as low, believe it or not, as low as a point seven, five, DSCR, they have those available be ready for the interest rate to get a little hair on it. Okay, it's going to be higher than what the 1.0 and above is going to be. But you can go as low as point seven, five, those are going to be for the investors that have found a property, maybe in distress, and they cannot show the current market value rent, perhaps, and it's on the low end. So you can still get that done at point seven, five, just be ready for a higher interest rate.   Keith Weinhold  25:30   So the DSCR loan an alternative for you, which might be especially useful, like Chaley touched on, if you've already exhausted your 10 golden ticket. Fannie Freddie loans, a DSCR of 1.2 for example, means that your rent income needs to exceed your principal, interest, taxes and insurance payment by 20% or more. That's what we're talking about here. And then Chile, those were more of loans for the buy and hold type of investor. Tell us about fix and flip loans.    Caeli Ridge  26:03   Yeah. So these are shorter term loan that will allow you to include not just the purchase of the property, but also some renovation or rehab money if you need that. And we're going to be looking at an ARV after repair value. So you've got a purchase price, you've got your renovation or scope of work budget. And then we're looking for an ARV with the ARV to be somewhere around 75% so what that means, if you've not heard of this before, you're going to take, let's say, $100,000 value. And if we want the ARV to be at 75% we're going to lend 75,000 is kind of the mix there. Those are quicker loans. You're going to be paying much higher rates on those. You know, between nine and 13% depending on the deal. The points are also going to be a little bit higher, but a great option for that quick turn and burn where you know your deal has enough skin in it and you can recapture all your capital and make a good tidy profit on it.   Keith Weinhold  26:53   We're talking about basically fixer upper loans here with Chaley Ridge, the president of ridge lending group, yes, these are jalopies that rarely qualify for traditional bank financing. And oftentimes, when I think about these fix and flip loans, I'm thinking that often there is interest only flexibility with regard to those higher interest rates that you need to pay. And I think of it as, you know, a shorter term loan that you've got during your renovation period, oftentimes 12 to 18 months. Does that sound about right?   Caeli Ridge  27:24   Yeah, 6,18, even 24 months. And to your point, yes, all of these are going to be interest only. And one of the cool things is about these loans is, is that, if there's enough room in the deal, right, based on what you need to borrow and what we think the ARV is expected to be, you don't even actually have to be making those interest payments. You can build it into the final payout when we go to refinance you out of this short term loan, or you simply sell the property and pay off that loan. So for example, let's say that your interest only payment is $1,000 a month, okay? And the value of the property is going to be $200,000 and you only took 120 okay, we're going to be well within that 75% ARV. You can build in that $1,000 say, for 12 months, there's $12,000 and just add it to the outstanding balance that you started by owing, and not have to be making those payments on an ongoing basis. It's not rented, right? So it might be nice to be able to factor that in to the actual payoff when you go to refinance that if it's a fix and hold versus go to sell it on a fix and flip.   Keith Weinhold  28:31   Now, long term, we know that the big gains for real estate investors really come from that leveraged appreciation getting that loan. But sometimes there are situations where we might want to act as a cash buyer. And that brings up this fourth of four loan types that I brought up, the bridge loan, short term loans that can temporarily finance a property purchase while you're waiting for a longer term loan to come through. The bridge loan, so I think of it as a pretty speedy loan, if you sort of want to act like you're an all cash buyer.   Caeli Ridge  29:04   Yeah, I like this, and in many ways it's similar to a fix and flip interest only. Obviously the term is going to be shorter, six months, 12 months, up to 24 months, and based on largely relationship, the bridge loan for the purpose that you described, really comes into play for an investor that we know and we're comfortable with, we can fund those inside a week, for somebody that we've done several of these loans for. So for those that need that really quick turn, once you've established yourself as a seasoned, experienced investor in that space, those are pretty slick and easy to get through.   Keith Weinhold  29:39   Why would someone use a bridge loan, rather than a fix and flip loan.   Caeli Ridge  29:43   So if they're in a very competitive market, that might be another option, because those are going to be faster. The bridge loan is going to be faster where they need to say that they're an all cash buyer and they only need seven days to close, or whatever it is. It depends on the municipality in the state. But what if you're at the courthouse steps? And you need cash quickly. Sometimes it needs to be immediate. So that might not be applicable in this case, but if you put the bid in, and you win the bid, and you've got, you know, three days to perform, usually we can get those done. So it's circumstantial. Those would be two variables or two scenarios that that would apply to   Keith Weinhold  30:17   the bridge loan gives you the advantage of speed, but that speed can come at a cost.   Caeli Ridge  30:22   Oh yeah, yeah, you're going to be paying probably three points, maybe four points, and it's short term interest, 13, 14%   Keith Weinhold  30:30   so with these four loan types that we've discussed, conventional DSCR, fix and flip and bridge loans, you can kind of see that there is a loan for most every investment scenario, and there's no reason to rely on only one type, a flipper. Might start with a short term fix and flip loan or a bridge loan and then later refinance to a DSCR or a conventional loan. So consider mixing and matching based on your needs. You're listening to get rich education. We're talking with Ridge leninger, President Taylor Ridge, more when we come back, including steps for more advanced investors, I'm your host. Keith Weinhold   Keith Weinhold  31:06   mid south homebuyers with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your return on investment as their North Star. It's no wonder smart investors line up to get their completely renovated income properties like it's the newest iPhone, headquartered in Memphis, with their globally attractive cash flows, mid south has an A plus rating with a better business bureau and 4000 houses renovated. There is zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate with an industry leading three and a half year average renter term. Every home they offer you will have brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter in an astounding price range, 100 to 150k GET TO KNOW Mid South. Enjoy cash flow from day one at mid southhomebuyers.com that's mid southhomebuyers.com    Keith Weinhold  32:08   you know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds. Don't keep up when true inflation eats six or 7% of your wealth. Every single year I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest, start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre or GRE, or send a text now it's 1-937-795-8989, yep, text their freedom coach, directly again. 1-937-795-8989,   Keith Weinhold  33:19   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage, start your pre qual and even chat with President chailey Ridge personally, while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Blair Singer  33:53   this is Rich Dad, sales advisor, Blair singer. Listen to get rich education with Keith Weinhold. And above all, don't quit your Daydream.    Keith Weinhold  34:09   Welcome back to get rich education chili when we go beyond this beginner stage that we've been discussing, how about for an investor just trying to scale to 10 doors worth of one to four unit properties. Now, are there any strategies there or more of a loan order that you would recommend in getting up to your first 10 you know   Caeli Ridge  34:29   I think the strategy starts with calling your lender, ideally Ridge lending group, and having that deep strategy call that, that discovery call, so that we can really understand and plant some seeds that say, Okay, Mr. Jones, these are your qualifications today. This is where you want to be in a year or 10 years. These are the steps that are going to be important that we are mindful of and we take to accomplish and reach those milestones. It's really important to have that baseline understanding of what is your debt to income ratio on day one, what are your assets? Sets. What is your credit? Where do you want to be in a year or 10 years? Right? Do you want 10 properties in a year's time? It's going to be a very different conversation than if you're going to slow roll this and want to establish 10 purchases or 10 investment properties over 10 years. So identifying those details is going to be part one, and then next, in terms of order, I would say, largely the higher price point properties, typically, I would say, put those in one through six. And the reason that I'm saying that is is that the underwriting guidelines under conventional financing, they will change based on how many finance properties you have. So of all of the inner working guidelines and things that go into securing a conventional mortgage loan, the three top most heavily weighted are going to be debt to income ratio, credit score and assets. Okay? And within each one of those, the marker or the qualification guideline changes as you evolve and acquire more property. So the higher up the ring you go, or the rung that you go to 10, the more restrictive the guidelines are going to be. So I would typically say, get the higher price point properties go into maybe one to four, one to six, if that's part of your strategy and your diversification of portfolio ownership. Then after you've established having two or three or four properties and that higher price point it as it gets harder to qualify, potentially, if your debt to income ratio is a little bit tight, you've got the smaller loan sizes that might be less impactful in debt to income ratio. All of this is very subjective to the individual's qualifications and needs, of course, but that might be one rule of thumb that I would take   Keith Weinhold  36:39   gosh, this This is absolute gold in helping you structure the architecture of a growing income property portfolio. And we're coming up on this Super Bowl, and whatever mortgage lender advertises for the Super Bowl or has some big, splashy campaign nationally, you know they are not the ones that are going to have conversations like this for you, they might be fine for buying a primary residence, but this is why you want to have a long term strategy and work with a lender that's aligned with you on exactly that sort of thing. And Chaley, is there a specific way in which one can avoid hitting the Fannie Freddie loan ceilings too early if you haven't already touched on it.    Caeli Ridge  37:22   Yeah, very good question. You know, I think that this is going to come down to a debt to income ratio conversation. It's easy enough to ensure that we contain assets and credit. Those are easier conversations. The debt to income ratio is the piece that's more complicated and can get away from an investor without them even knowing it. You don't know what you don't know, right? So I would say that debt to income ratio and making sure that your lender again, hopefully Ridge lending, because we know this like we know our own faces, making sure they know how to structure and provide feedback and consult on that schedule E, part of the beauty of real estate investing is the tax deductions. Right? Many people get into real estate investing, not for the cash flow, not even for the appreciation, but for that tax strategy, because they're high wage earners, or whatever it may be, and they're sick of paying x in taxes. So the debt to income ratio is key in scaling and making sure you can continue to qualify for those loans. The conversations that we have with our clients really go deep about where we can maximize our deductions to ensure that we get the tax benefit without precluding our qualification on a conventional underwriting basis in the DTI category.   Keith Weinhold  38:35   Now, during my growth as an investor, when I got above 10 doors, one gets above 20 doors. When one gets to 216 doors, I began where I needed to qualify more on a DSCR basis, where the lender is looking at the properties qualification, more so than me. So are there any other thoughts with regard to how one can set themselves up for success in really going big and well beyond 10 doors   Caeli Ridge  39:03   absolutely so once we've exhausted the Fannie Freddie, and I think one of the real value adds about Ridge is that we are not a one size fits all, and we are extremely holistic versus transactional. So having that first conversation and understanding what those goals are, so that we can pivot as we need to maximize the golden tickets, whether that be 10 to 20, right? If you're in a marriage or a partnership or whatever, and then setting up for the DSCR loans when the time comes, and taking advantage of those, there is no limit to how many DSCR loans we can get for one individual. We have yet to file an individual that we've had to say no, and we've done quite a few of the high, high acquisition investors, so I don't expect that to be an issue, but yeah, I think it's about planning, planting those seeds, creating roadmaps together and have those smart discovery conversations.   Keith Weinhold  39:50   Now, as you grow, one way you might diversify is to have perhaps at least a part of your portfolio in short term rentals. So what I. Comes to getting loans for sort of Airbnb or VRBO type properties. What does one look for there? How much does the landscape change versus the longer term rentals that we've mostly been talking about here?    Caeli Ridge  40:10   Yeah, I think that the differences are going to be about purchase versus refinance. If we're just talking about purchases, let's kind of try to keep it in one lane. If we're talking about purchasing a short term rental, you may be limited on leverage. You might lose a little bit of leverage, 5% let's say you could get to 75% and maybe on a short term they're going to back it off to 70% LTV, so there may be reduction in that loan to value. And the way in which we're going to quantify the income is absolutely important to share with your listeners on a purchase transaction, we have access to things like an appraisal. An appraisal is going to give us some median rental income, whether it be long term or short term, that we will use to offset a new mortgage payment if that's needed for the individual's debt to income ratio qualification. Now, if they don't need the rental income to qualify, then it's a non issue. But if they do, like most of us, need that rental income to absorb this new mortgage payment that we are securing for them, how that's going to quantify is important. So if it's not in a short term rental area, let's just say it's kind of off the beaten path, and there may not be enough data points to support the income that you need. It's important to know that up front versus way down the rabbit hole, when you paid for appraisals and you're all the way through the transaction and earnest money might be off the table if you had to cancel that kind of thing. So really important to understand the numbers in advance, I would say, when we talk about short term rentals and how the income is going to be quantified from an underwriting perspective,   Keith Weinhold  41:43   why does a borrower often need to make a higher down payment on a short term rental than they do a long term rental?   Caeli Ridge  41:49    You know, I think that in secondary markets, as we talk about mortgage backed securities and things like that, it's looked at as a higher risk. A short term rental is going to be a higher risk than just the stable long term, long burn tenant is going to be there and they've got their lease for a year, two years or whatever, at a time, the short term rental is more volatile and it's seasonal. It can be I mean, there's all those different factors, so higher risk means more skin in the game for the investor.   Keith Weinhold  42:13   That makes a lot of sense. Does that higher risk also translate into a higher mortgage rate for short term rentals than long term rentals?   Caeli Ridge  42:18    Fannie Freddie versus DSCR The answer is no. On the Fannie Freddie side, the interest rate's not going to change on a DSCR loan. Yes, it can be slightly higher, usually about about a quarter of a percentage point on a short term versus a long term.   Keith Weinhold  42:33   Now, are there any particular markets that lenders want to avoid with short term rental loans?   Caeli Ridge  42:39   No, as long as the property is habitable, and all the other metrics fit Qualifications and Credit and assets and all that stuff. No, there isn't a market that we're going to have any issues with now. We do get the notifications for natural disaster areas, and as that relates to the appraisal and things like that, if it's in a natural disaster area or zone, we may have to hold funding until after the disaster is over, and then we can go and take more pictures and make sure it's still standing and there's no major issues. But otherwise, aside from that, as long as it's habitable, no, there is no market restriction.   Keith Weinhold  43:12   Yes, with that variability of income for short term rentals, you can understand how a lender would be more careful in making a loan, and would want you, the borrower, to put more skin in the game for a short term rental. Well, Caeli, overall, what should an investor do in the next 24 hours to make themselves more lendable before contacting someone like you?   Caeli Ridge  43:36   I would say the answer is sticky, but call rich lending group. That's how you're going to make yourself more lendable. And the reason that I can say that is is that everybody's qualifications and needs and goals are inherently different. So calling someone that understands this landscape and can navigate the battleship in the creek like I like to say, that's the visual aid for those of you that need the visual is the first key. And with that conversation, we're going to be able to identify for you specifically what you would need to do to become more lendable. And it may be nothing   Keith Weinhold  44:07   well over there, Chaley, you're growing. You do loans in almost all 50 states. The GRE podcast has more than 5.8 million listener downloads, and you have helped countless GRE listeners acquire smart investor loans for fully a decade now. Just amazing. So talk to us about all of the loan types that you offer investors there at ridge.   Caeli Ridge  44:30   My gosh. Okay, so I think one of the real value adds for us is that we have such a diverse menu of loan products. We touched on a few of them already. So we've got the conventional Fannie Mae Freddie, Mac stuff. We've got our DSCR loans. We have bank statement loans, asset depletion loans. I can touch on those if you want. Keith, we have our short term bridge fix and flip. We have our All In One my favorite, first lien, HELOC we have second lien HELOCs. We have commercial loan products, and commercial can apply to residential and commercial property. A cross collateralization, commercial for residential properties. That just means, if you're putting 10 single families into one blanket loan, that would be cross collateralization, or if you're buying a storage unit that's straight commercial, and probably even more than that, ground up construction, there's really not a limit to the loan products that we offer, specifically for investors. The only thing we don't have, I would say in our arsenal is bare land loans. Those are hard to come by   Keith Weinhold  45:24   It sounds like you recommend a call in order to get some of that back and forth, to learn how you can best help that investor. But tell us about all the ways that someone   Caeli Ridge  45:32   can get a hold of you. Yes, there's a few ways. Of course, our website, ridgeline group.com, you can call us toll free at 855-747434385, 747-434-3855, 74, Ridge. Or feel free to email us info at Ridge lending group.com   Keith Weinhold  45:49   and you might get lucky. Hey, spin the wheel. Chaele does get on the phone and talk to individual investors herself too. So Chaley, it's been valuable as always to cover all these different loan types for beginners, and then what one does when they advance beyond that. It's been great having you back on the show.    Caeli Ridge  46:09   Thank you, Keith. I appreciate you.   Keith Weinhold  46:16   Oh yeah, a lot to learn from Chaley today. You've got mortgage rates three quarters to 1% lower than they were a year ago. At this time, in fact, last month, they ticked below 6% for the first time in years, and their lowest level in over three years. But when you introduce geopolitical uncertainty, well, that tends to make rates tick up again. Now, just what does happen when you have a lower overall rate trend like we have? Well, in this cycle, it's already spurred an increase in housing sales volume. It surged to 4.3 5 million in the latest reporting month, and that is the hottest annualized pace in nearly three years. Some of the same people who said, wait until rates fall, they're about to realize that prices didn't wait. Demand comes back fast. Inventory doesn't if mortgage rates take another leg lower, we could see quite a refinance wave in balanced markets or in supply constrained markets, bidding wars could follow. Now I've shared with you before that I totally do not predict interest rates. I don't know if anyone should. It is a great way to be fantastically wrong and supremely waste a lot of people's time. Instead, I think it's more efficacious for you to be able to interpret the signs that can trigger a further rate drop. Those signs are a weak jobs report that tends to bring lower rates because the labor market needs the help. So does softening wage growth, GDP below expectations, inflation continuing to cool, or a pickup in US Treasury demand. These are all signs that can lead to even lower rates. In fact, right now, with already lower rates and higher wages, real estate is more affordable than it's been in about three years, but overall, longer term, yeah, income properties still feel somewhat less affordable. It's less affordable than it was in pre pandemic times. That's for real for US investors, though, affordability is less about the price of the property, it's about whether the property pays for itself and grows your net worth while inflation does the heavy lifting for you, that's why it still works for us as investors. Higher prices don't kill investors inaction during inflation does you're not so much buying a say, 350k property. You're controlling it with 70k while your tenant and inflation do the rest. We don't rely on hope or appreciation. We start with inflation, tax benefits and debt pay down, and then appreciation typically happens too. A lot of times, the question for us goes beyond whether or not a property is affordable. The question is whether owning an investment property is better than inflation compounding against us, which is an investor mindset for this era, Ridge landing gear. President Chaley Ridge is a regular guest here because the mortgage space is so dynamic and things change a lot. For that reason, we expect to have her with us every few months this year, I'll see you next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 2  50:01   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively   Keith Weinhold  50:30   The preceding program was brought to you by your home for wealth building, getricheducation.com   

I think it’s safe to say that, for the most part, I’m a forward thinking music obsessive who is always on the hunt for my next favorite record. It’s that attitude that allows for this show to constantly have two new release episodes almost every single month. There’s a downside to this fanaticism, though. When one collects so much music but is so focused on the future, a lot of great music is pretty much forgotten. Over the last couple of weeks, however, I have taken steps to recreate myself with some of these great releases. The story actually begins a few months ago when I discovered that the popular video streaming/sharing program Plex had an audio add-on called Plexamp. This simple program allows me to stream my entire master library on my various devices.  This has been a game-changer, although for the last few months I have primarily utilized it to stream my favorite classic records from the past. Two weeks ago, though, I decided to do a little experiment. I put my entire 160,000 tracks on shuffle, and tonight’s show consists of tracks that have sprung up over these last fourteen days. I must admit I’m a little […]

I think it's safe to say that, for the most part, I'm a forward thinking music obsessive who is always on the hunt for my next favorite record. It's that attitude that allows for this show to constantly have two new release episodes almost every single month. There's a downside to this fanaticism, though. When one collects so much music but is so focused on the future, a lot of great music is pretty much forgotten. Over the last couple of weeks, however, I have taken steps to recreate myself with some of these great releases. The story actually begins a few months ago when I discovered that the popular video streaming/sharing program Plex had an audio add-on called Plexamp. This simple program allows me to stream my entire master library on my various devices.  This has been a game-changer, although for the last few months I have primarily utilized it to stream my favorite classic records from the past. Two weeks ago, though, I decided to do a little experiment. I put my entire 160,000 tracks on shuffle, and tonight's show consists of tracks that have sprung up over these last fourteen days. I must admit I'm a little […]

Check Out Echoplex Radio iTunes, Stitcher, Google, iHeart, Spotify, RSS, Odysee, Twitch, YouTubeSupport This Project On Patreon Check Out Our Swag Shop Join Our Discord Server Check out our Linux powered studio!‍ ‍Host: Producer DaveDocket: https://bit.ly/1-25-2026-docMembers ShowFourthwallPatreon

Hello classmates!The 2026 Oscar nominations are here, Play Date is upon us, and Abbott & Costello move over… Keenan and Kel have arrived Visit the YouTube channel Saturdays @ 12:30 PM Pacific to get in on the live stream, or just watch this episode rather than just listen!Channel:https://www.youtube.com/@middleclassfilmclassThis Episode:https://youtu.be/Q3jIIl3XI_4http://www.MCFCpodcast.comhttps://www.twitch.tv/MCFCpodcasthttp://www.facebook.com/MCFCpodcasthttp://www.twitter.com/podcastMCFChttp://www.tiktok.com/middleclassfilmclasshttp://www.instagram.com/middleclassfilmclassEmail: MCFCpodcast@gmail.comLeave us a voicemail at (209) 283-1716Merch store - https://middle-class-film-class.creator-spring.com/Join the Patreon:www.patreon.con/middleclassfilmclassPatrons:JavierJoel ShinnemanLinda McCalisterHeather Sachs https://twitter.com/DorkOfAllDorksChris GeigerDylanMitch Burns Robert Stewart JasonAndrew Martin Dallas Terry Jack Fitzpatrick Mackenzie MinerBinge Daddy DanAngry Otter (Michael)Trip AffleckJoseph Navarro     Pete Abeytaand Tyler NoeStreaming Picks:Five Nights at Freddy's 2 - $20 rentalAce Ventura: Pet Detective - NetflixAce Ventura: When Nature Calls - Netflix30 Minutes or Less - Netflix, PhiloDead End Drive-in - Kanopy, Philo, Plex, Prime Video, FawesomePresence - Hulu, KanopyJohn Wick 3 - HBO Max

In which the Mister joins me in reviewing THE WHEEL (2021), from writer Trent Atkinson and director Steve Pink.  In this intimate drama, Albee (Amber Midthunder) and Walker (Taylor Gray), a young couple married since their teens, retreat to a remote mountain cabin for a weekend to work through a self-help book in a final attempt to save their failing marriage.  Their arrival creates a volatile dynamic with their newly engaged Airbnb hosts, Carly (Bethany Anne Lind) and Ben (Nelson Lee), whose own relationship begins to fracture as they become entangled in the younger couple's raw emotional turmoil.  Throughout the stay, Albee's abrasive skepticism and Walker's desperate optimism clash, forcing the pair to confront the painful reality of whether they have truly grown together or simply grown apart.  The film clocks in at 1 h and 23 m, is unrated and is currently streaming on Prime Video, Fawesome, Plex, Roku Channel, Tubi and to buy/rent on Prime Video.  Please note there are SPOILERS in this review.#TheWheel #TrentAtkinson #StevePink #AmberMidthunder #TaylorGray #Walker #BethanyAnneLind #Carly #NelsonLee #Ben #CarlyNykanen #Joan #KevinPasdon #Aaron #MollyGilula #Clerk #SeanCrampton #FerrisWheelAttendant #Drama  @PrimeVideo  @Fawesome  @Plex  #RokuChannel  @Tubi  #FridayFamilyFilmNightOpening intro music: GOAT by Wayne Jones, courtesy of YouTube Audio Library

This week Brian with a B and Amferny watch the 2006 road trip horror movie, Mustang Sally's Horror House. Enjoy the story of a group of 20 something friends driving into the mountains to visit Mustang Sally's brothel and the murder that ensues. This movie is directed by Iren Koster and stars Elizabeth Daily, Lindsey Labrum, Mark Parrish, Erik Fellows, Phillip Troy Linger, Diedre A. Cannon and Tina McDowelle. This movie is available on Prime Video, Tubi, PLEX, and Fandango at Home. Instagram Links: Follow Iren Koster @irenkoster Follow Erik Fellows @erikfellowsofficial Follow Phillip Troy Linger @troylinger Follow Elizabeth Daily @realegdaily The podcast art is by @delasernaxtattoos on Instagram and has been revised by rodrick_booker on Fiverr. If you like what you're hearing subscribe and comment on our Instagram @berated_b_rated_movies, Facebook @Berated B RatedMovies and Tik Tok @berated_b_rated_movies. Check out our website at Beratedbratedmovies.com. If you have any comments or movie suggestions please send them to beratedbratedmovies@gmail.com RATED G®, RATED PG®, RATED PG-13®, RATED NC-17®, and RATED R® are certification marks owned by the Motion Picture Association, Inc. This podcast has not been rated or certified pursuant to the Motion Picture Association, Inc.'s film rating system nor is this podcast authorized by, endorsed by, or affiliated with the Motion Picture Association, Inc.

WCW Nitro #107 - September 29th, 1997 - Ric Flair breaks up The Horsemen whilst Curt Hennig busts out a MONSTER Perfect-Plex in the main event!Sam Driver and Tom Campbell travel back in their Slim Jim-Powered DeLoreon to watch every single episode of WCW Monday Nitro from the very beginning to the bitter end.WATCH THE VIDEO VERSION at Patreon.com/cultaholic Hosted on Acast. See acast.com/privacy for more information.

Check Out Echoplex Radio iTunes, Stitcher, Google, iHeart, Spotify, RSS, Odysee, Twitch, YouTubeSupport This Project On Patreon Check Out Our Swag Shop Join Our Discord Server Check out our Linux powered studio!‍ ‍Host: Producer DaveDocket: https://bit.ly/1-18-2026-docMembers ShowFourthwallPatreon

Hello classmates!PBR celebrating our favorite giant lizard, David Fincher wraps on the Cliff Boothiverse, and Motherwound hits Sacramento HorrorfestVisit the YouTube channel Saturdays @ 12:30 PM Pacific to get in on the live stream, or just watch this episode rather than just listen!Channel:https://www.youtube.com/@middleclassfilmclassThis Episode:https://youtu.be/DP4kd4gLIuMhttp://www.MCFCpodcast.comhttps://www.twitch.tv/MCFCpodcasthttp://www.facebook.com/MCFCpodcasthttp://www.twitter.com/podcastMCFChttp://www.tiktok.com/middleclassfilmclasshttp://www.instagram.com/middleclassfilmclassEmail: MCFCpodcast@gmail.comLeave us a voicemail at (209) 283-1716Merch store - https://middle-class-film-class.creator-spring.com/Join the Patreon:www.patreon.con/middleclassfilmclassPatrons:JavierJoel ShinnemanLinda McCalisterHeather Sachs https://twitter.com/DorkOfAllDorksChris GeigerDylanMitch Burns Robert Stewart JasonAndrew Martin Dallas Terry Jack Fitzpatrick Mackenzie MinerBinge Daddy DanAngry Otter (Michael)Trip AffleckJoseph Navarro     Pete Abeytaand Tyler NoeStreaming Picks:Black Sheep (2006) - Starz, Plex, Fawesome, TubiAbraham Lincoln Vampire Hunter - HBO MaxSinners - HBO Max

In which the Mister joins me in reviewing MISSISSIPPI BURNING (1988), with a screenplay by Chris Gerolmo, the film is directed by Alan Parker.  In 1964, two FBI agents with clashing philosophies—a by-the-book idealist and a cynical former Southern sheriff—are sent to a small Mississippi town to investigate the disappearance of three civil rights activists.  They find themselves stonewalled by a "conspiracy of silence" and violent hostility from the local authorities and the Ku Klux Klan, who go to extreme lengths to protect their secrets.  As racial tensions reach a breaking point, the agents are forced to reconcile their different methods to break the case and expose the deep-seated corruption within the community.  The film clocks in at 2 h 8 m, is rated R - we caught it on Prime Video but it's also playing on Fawesome, Plex, Pluto TV, Roku Channel, Tubi but it's also to buy/rent on Prime Video.  Please note there are SPOILERS in this review.#MississippiBurning #ChrisGerolmo #AlanParker #GeneHackman #Anderson #WillemDafoe #Ward #FrancesMcDormand #MrsPell #BradDourif #DeputyPell RLeeErmey #MayorTilman #GailardSartain #SheriffStuckey #StephenTobolowsky #Townley #MichaelRooker #FrankBailey #PruittTaylorVince ##Lester #KevinDunn #AgentBird #GeoffreyNauffts #Goatee #BasedOnMichaelSchwerner #RickZieff #Passenger #BasedOnAndrewGoodman #ChristopherWhite #BlackPassenger #BasedOnJamesChaney #DariusMcCrary #Aaron #LouWalker #Vertis #StanleyWCollins #Hollis #DanielWinford #Fennis #PeriodDrama #PoliticalThriller #PsychologicalThriller #SuspenseMystery #Thriller #Drama #Crime #Mystery #Tragedy  @PrimeVideo  @Fawesome @Plex  #PlutoTV  #RokuChannel  @Tubi  #FridayFamilyFilmNightOpening intro music: GOAT by Wayne Jones, courtesy of YouTube Audio Library

What is up, Sickos?AEW Dynamite: Maximum Carnage unfolded before our eyes, and if you were scrolling through the Bluesky timeline like we were, you saw what we saw; Violence. And lots of it.Tonight, Tim and Tom are LIVE to break down Dynamite with YOU in the chat!The Carnage ReportHere is what we are digging into tonight:The Death of a Death Rider: Darby Allin didn't just beat PAC; he survived him. In a match that spilled into the crowd and saw ankles crushed in steel chairs, Darby finally exorcised his demons and tapped out the B*****d. Is the TNT Title next, or does he have bigger fish to fry?Triple B stays with the Devil: MJF vs. Bandido was the main event we didn't know we needed until it happened. Bandido brought the 21-Plex, but MJF brought the desperation (and the submission victory). But the real story? The sharks circling the water.The Three-Headed Monster: Kenny Omega. Swerve Strickland. Hangman Page. All three made it abundantly clear they are gunning for MJF. The World Title picture just became a four-way highway collision, and we are here for the mess.Thekla's Rise: The Triangle of Madness didn't just win; Thekla pinned the champion. Are we looking at the next major threat to Kris Statlander?The Vibe CheckThe timeline was buzzing; mostly about Darby's insane durability and the sheer panic of seeing Kenny, Swerve, and Hangman all eyeing the same prize. We'll be reading your best takes and reacting to the fallout live.Come hang out, join the chat, and let's wrap up Maximum Carnage together.— Tim & Tom

Joseph & Pete take a listener suggestion this week as they review a gem out of Switzerland from a Freshman director... this week we are reviewing SEW TORN. Watch this one on Netflix, AMC, Shudder, Prime Video, or Plex and settle in for some quirky characters, beautiful vistas, and a Run Lola Run approach to No Country For Old Men. Yeah... it's unique. Let us know what you thought about it by emailing the show. MCFCpodcast@gmail.comVisit the YouTube channel Saturdays @ 12:30 PM Pacific to get in on the live stream, or just watch this episode rather than just listen!Channel:https://www.youtube.com/channel/UCI1lVsk1xjMSBgZK82uAzgQThis Episode:https://youtu.be/25xghsIKceEhttp://www.MCFCpodcast.comhttps://www.twitch.tv/MCFCpodcasthttp://www.facebook.com/MCFCpodcasthttp://www.twitter.com/podcastMCFChttp://www.tiktok.com/middleclassfilmclasshttp://www.instagram.com/middleclassfilmclass   Email: MCFCpodcast@gmail.comMerch store - https://middle-class-film-class.creator-spring.com/    Join the Patreon:www.patreon.con/middleclassfilmclass Patrons:JavierJoel ShinnemanLinda McCalisterHeather Sachs https://twitter.com/DorkOfAllDorksChris GeigerDylanMitch Burns Robert Stewart JasonAndrew Martin Dallas Terry Jack Fitzpatrick Mackenzie MinerAngry Otter (Michael)Joseph Navarro     Pete Abeyta  and Tyler Noe

Check Out Echoplex Radio iTunes, Stitcher, Google, iHeart, Spotify, RSS, Odysee, Twitch, YouTubeSupport This Project On Patreon Check Out Our Swag Shop Join Our Discord Server Check out our Linux powered studio!‍ ‍Host: Producer DaveDocket: https://bit.ly/1-11-2026-docMembers ShowFourthwallPatreon

Check Out Echoplex Radio iTunes, Stitcher, Google, iHeart, Spotify, RSS, Odysee, Twitch, YouTubeSupport This Project On Patreon Check Out Our Swag Shop Join Our Discord Server Check out our Linux powered studio!‍ ‍Host: Producer DaveDocket: https://bit.ly/1-4-2026-docMembers ShowFourthwallPatreon

We are happy to welcome back actress Kate Kiddo to talk about Black Eyed Susan (streaming now on PLEX) and The Events Surrounding a Peeping Tom The Events Surrounding a Peeping Tom: Martin Malone, a lonely voyeur, is caught and arrested following a misstep. As he nears the end of his court-mandated rehabilitation, Martin suspects that someone or something far more sinister is watching him. Black Eyed Susan: Derek takes a job at a tech firm, developing an AI sex doll named Susan. As he explores the boundaries of desire, pleasure, and pain with Susan, he confronts profound questions about humanity in an uncertain future. If you want to support the show, head over to http://tee.pub/lic/HIbVFqhaUyA and grab a shirt! We are proud to be part of The Dorkening Podcast Network https://www.thedorkeningpodcastnetwork.com/ Find out more at https://wicked-horror-show.pinecast.co Send us your feedback online: https://pinecast.com/feedback/wicked-horror-show/78857587-7a66-477e-b619-aafc75c3368e This podcast is powered by Pinecast.

Christina and Jeff kick off the new year of Overtired sans Brett. They delve into Christina's impending cervical spine surgery, ICE raids, and neighborhood signal groups. How do you keep mental health in check when Homeland Security is in your alley? Tune in for a wild start to 2026. Sponsor Copilot Money can help you take control of your finances. Get a fresh start with your money for 2026 with 26% off when you visit try.copilot.money/overtired and use code OVERTIRED. Chapters 00:00 New Year Kickoff 00:41 Personal Updates and Health Challenges 01:49 Surgery Details and Insurance Woes 04:45 Exploring Surgery Options and Recovery 12:44 Journaling and Mental Health 15:40 The Artist’s Way and Creative Practices 24:31 Unexpected Alley Incident 38:10 Family Activism and Signal Setup 38:52 Unexpected End of Year Incident 39:35 Speculations and Concerns 40:13 Dealing with Law Enforcement 45:35 Reflections on Responsibility 54:43 Gratitude for Signal 59:31 Tech Talk: Synology and Backup Solutions 01:03:08 Mac Updater Alternatives 01:10:03 Conclusion and Well Wishes Show Links Journaling – The Artist's Way Signal Synology Updatest Join the Conversation Merch Come chat on Discord! Twitter/ovrtrd Instagram/ovrtrd Youtube Get the Newsletter Thanks! You’re downloading today’s show from CacheFly’s network BackBeat Media Podcast Network Check out more episodes at overtiredpod.com and subscribe on Apple Podcasts, Spotify, or your favorite podcast app. Transcript Promise Not to Whine [00:00:00] New Year Kickoff Christina: Well, happy New Year. You are listening to Overtired and I am Christina Warren, and I’m joined as always by Jeff Severance Zel and, uh, Brett Terpstra couldn’t be, uh, here with us in this, uh, happy early 2026 episode, but I’m, I’m super excited to be able to kick off the, uh, the first pot of the year with you, Jeff, how are you? Jeff: I am good. Happy New Year to you. Christina: Likewise, likewise. Um, oh, here, here, here’s to 2026 being significantly better than 20, 25. So Jeff: So far, not so good, but I’m, I’m really, I’m really excited about 2026. I’m Christina: I was gonna say, like, like globally, globally, so far not great, but, but, Jeff: in here. Good in here. Personal Updates and Health Challenges Christina: So, um, so how are, uh, uh, how, how, how is the, I guess a, I guess we can kind of a drill into like a, a brief kind of mental health or, or just personal update thing if we want. Um, how, um. How are things for you so far? Um, I guess the end of the year. How are things with the kids? Um, the [00:01:00] wife, everything. Jeff: the, how the year ended is, and that gets us back to almost a political level. I will save for a topic ’cause boy do I have a story. Um, but, uh, generally speaking, doing really well. Like we traveled, saw my dad and stepmom in Iowa. Saw my in-laws in Indiana, had a really nice, just like generally had a really nice time off. Um, and despite the fact that I’m under a super stressful deadline over the next few days, I feel good. How about you? You got a lot going on. Christina: I, I do, I do. So I guess just kind of a, a, an, an update on, um, the, uh, the Christina, you know, cervical spine, um, saga since we last spoke a couple of weeks ago. Um, I guess maybe two weeks ago now. Um, uh, it was maybe a week ago. Um, uh, it was two weeks ago, I think. Sorry, it was, it was right before Christmas. Surgery Details and Insurance Woes Christina: Um, I was still awaiting, um, hearing back about when I would be scheduled for, uh, surgery and I’m getting, um, uh, artificial disc replacement in, um, I guess [00:02:00] between like C six, C seven of my cervical spine. And I do finally have a surgery date. Yay. Um, the bad, yeah, the bad news is it’s not until February 2nd, so I’ve gotta wait, you know, a month, which sucks. Um, I would have been able to get in, you know, uh, three weeks ago at this point. Um, had I been able to like, I guess like book immediately, but without insurance, like approval, um, I didn’t really want to do that. Um, I think, I think people, uh, can understand why, like, you know, when the doctor’s like, well, we can book you now, but you’ll just need to sign some forms that say you’ll be responsible for the bill if insurance doesn’t pay. Jeff: Oh fine. Get Where’s my pen? Christina: right, right. And I’m like, yeah, this is, you’re gonna keep me overnight just for, you know, observation to make sure like nothing bleeds or, or, or whatever’s a problem. Um, ’cause they’re gonna go through like the, the, the front of my, of my neck to, to be able to reach, you know, um, things that way and, and, and so, [00:03:00] you know, and be under, you know, anesthesia, you know, it’s, it’s, it’s not like a huge critical procedure, but it’s still neurosurgery. Jeff: is through the front of your neck. Christina: and, and, and, and, and, and again, and it’s a neurosurgeon and it’s like, you know, they’re gonna, you know, take some stuff out and try to make sure that like, you know, very, like they’re gonna be, you know, um, screwing up against my trachea and stuff. And like, yeah. I mean, like, you know, it’s, it’s not, it’s not minor. It’s not like I can just go in in an afternoon and be like, oh, I’m, I’m, I can just like walk out. Jeff: Right. Christina: Um, um, although apparently I will feel better, uh, as soon as it happens, but yeah, I mean, this is probably gonna be a six figure, you know, operation, I’m assuming so. No, I, I, I’m sorry. In, in this climate, uh, I don’t feel comfortable. Just, I need my name to be like, oh, yeah, I’ll, I’ll be responsible for that, and then be responsible for trying to track everyone down to, to pay. So that’s the frustrating thing is that, and now of course, you know, you, you get the beginning of the year, a bunch of people have been waiting, you know, to get, you know, things scheduled, I’m sure, and [00:04:00] whatnot. So I’m grateful that I’m scheduled at all. Um, I’m also grateful that right now I’m not insignificant pain, which is a really good thing because if this had been the pain level that I was in for the first few weeks, then like, I wouldn’t, I, you know, I mean, I would wait. I mean, if, if, if you have to wait, you have to wait. But, um, I, I, I might have like pressed upon them like. Is there any way we can move this up? Um, but I’m not in that position, which is good. The only thing is just that the numbness, um, on both arms. But, but, but primarily, yeah. No, I mean, that’s not gone away and, and it’s, and it’s not going to is the thing, right? Like there are a lot of people and like, and I, I’ve started now that I’ve got, got it like actually like done and like scheduled and you know, I’m going through all like the, you know, um, checklist stuff before you, you go in and whatnot. And I have like my, you know, pre-up appointments and all that stuff scheduled. Exploring Surgery Options and Recovery Christina: Um, I am starting to, to look more into, I guess like, you know, I guess recovery videos that people have put up on YouTube and, and reading a few things on Reddit. Although I’m doing my best to, to stay off the internet with [00:05:00] this stuff as much as possible. Um, just because for me it’s, it’s not beneficial, right? Like, it, it’s, it’s one thing if you know, um, you, uh, you don’t like. If, if you can separate and not kind of go down rabbit holes and like freak yourself out or whatever, sure. Maybe it can be good information, but for me, like I, I know my own kind of, you know, limits in terms of, of how much is good for me. And so I’ve, I’ve tried to keep that in moderation, but I have watched a few, you know, videos of people, you know, kind of talking about their experiences. And then of course then that gets used sent with like videos of like doctors who of course, for their own reasons, like are trying to promote like, oh, well you should do the, the, the fusion versus the, the, the disc replacement and, or you should do this versus that. And I’m like, okay. I actually watched one interesting talk that, that some guy gave it a medical conference and neurologist gave it a medical conference and it was a neurosurgeon, I guess is, is the proper term. But that I think kind of really distinctly a, it was very similar to. Exactly what my surgeon said to me, [00:06:00] um, when he was kind of explaining the differences in the procedures. Um, and, and b but kind of went into, I guess like the, the difference in terms of outcomes and, um, and it made me feel better about like that if I’m a good candidate for this procedure, that, that this is, um, the right thing to, to do and probably will be better for me long term. Um, because the, the results are, are better and, but not by a small portion, not like by like a, a gargantuan portion. But they are, they are, there is like a sizable difference between outcomes in terms of whether like the average person who needs a revision, um. For, you know, cervical spine versus getting, you know, disc replacement versus, um, uh, fusion. Fusion has been around a lot longer, and so insurance companies are a lot more likely to approve that. But in Europe, they’ve been doing the, the disc replacement stuff for 25, 30 years. Um, and so there is a lot of data on it, but it’s been a much more recent thing in the United States because insurance companies didn’t really start to do it until about five or 10 years ago. And so, and so, you know, some people will, [00:07:00] like some doctors who very clearly have an agenda on, on YouTube and like, that’s fine, like your practices, your practice and you’re comfortable with what you’re comfortable with. But they’ll be like, oh, we don’t have enough data on, you know, the types of, um, you know, discs that we’re putting in people’s, you know, necks and, and how, how long they, you know, last and, and there might be some differences in terms of if you’re doing like a multi-step, meaning you’re doing like multiple discs at once. Or if, you know, depending on like what, what, what part of the spine you’re in. And like, I, I think at this point for, for artificial disc replacement in the US they’ll do it two steps. So they can do two at once, but they won’t typically do three, although they will do three in Europe. And so there are people who will go to Europe and get the three Jeff: They’re so liberal in Europe. We’ll do three. Christina: Well, I mean, I think it’s a difference in, in that case, just a matter of like, if they’ve been doing the surgeries there longer, you know, then, then they, you know, and, and, and you know, and, and this is not uncommon in, in various forms of, of medicine, you know, where like you have different, you know, procedures and different exploratory things in different fields, in different areas.[00:08:00] So anyway, so then I get kind of trapped into those rabbit holes. But the interesting, the night, the, the, I guess comforting thing is that like, you know, I’ve been reading, you know, around reading, but watching people who were doing vlogs, like after their surgery and like there was this guy who. I was a few years younger than me, but he, you know, posted some updates. I, I guess he got his in July and he kind of did like, you know, updates, you know, kind of like, you know, this was me right after surgery. This was me, you know, three weeks later. This was me however many months later. And that was really great to see. Um, and, and his, his scar actually healed really nicely, which was encouraging. So, um, yeah, I mean, I’m, I’m, I’m, I’m hopeful. I mean, the one thing that’s interesting that, like almost the universal thing that people say, of course you have a few people who say, this didn’t help or, or, you know, this, this was bad or whatever. And, and obviously like that’s always terrible to see that, but you know, you’d have to kind of like go by law of averages. But the, one of the central kind of things is a lot of people being like, I should have done this earlier. And, and so I’m feeling good about that because that is, I, I, I, I don’t know what this says about me, [00:09:00] but like there’s was never a moment in my mind where I’ve been like, oh, I’m not gonna get the surgery as soon as I can get the surgery. That’s never even been part of my like, thought process. And, and, and, and, and it’s funny because I think that like, that is actually odd compared to almost everybody else. Um, the general public, I guess, who goes into these sorts of things. Um, or at least the people who are vocal on the internet, right? So, so maybe like, maybe there are a lot more people like me who just don’t go to forums and comment on stuff and are just like, yeah, I’m gonna get the surgery because that’s what the doctor says. There’s the right thing to do, and that’s what makes sense to me and I wanna, you know, not be in pain and I wanna be able to feel my arm and all that stuff. Um, but there are a lot of people who, I don’t know why, um, I mean, I guess the idea of surgery is, is really scary. And, and like, I can, I can understand that obviously, but to the point where they’re like, okay, well no, I’m gonna try physical therapy and I’m gonna do everything I can to avoid surgical intervention. And I’m, I’m like, no. Like, like [00:10:00] freaking cut me up, doc. Right? Like, like, like, get me in, get me in. Like, let’s get better, right? Like, I, I’m not, I’m not here to like fuck around with like, ’cause right now, because the immediate pain is not there, I could be okay. Right? Like, I Jeff: Sure. Christina: try steroids, I could try pt, I could try to do other types of therapies and be like, well, maybe that will move the nerve around. Or maybe it can get the disc like UN you know, bolt, whatever the case may be. And maybe I won’t need surgery. Um, or I could let this go on longer and continue to be weakness, you know, and, and, and in, you know, it’s not like I’m not in, I’m, I’m not in active pain, but it’s not, not painful at certain times. Not worrying about is this just going to become like a permanent way that I feel, which would be. Awful. Um, and, you know, and, and, and like, it’s not the most debil debilitating thing, like I said. Um, if, if I was in a position where I, I couldn’t get surgery, obviously I could be okay right now, but you never know. Also, like, when is it going to, to swap again? Right? [00:11:00] Like, and, and, and, and for me, I’m also, I’m like, I, I don’t wanna have to like, live in fear of doing something, you know, to my arm or my neck or, or whatever, and, you know, making things worse. So, Jeff: right. Oh, I’m glad you’re doing it. Christina: yeah, me too. So anyway, that was a long-winded update, but Wow. Jeff: Yeah, that’s intense. So I’m really glad the pain is not what it was ’cause Holy shit. Christina: Yeah, the pain was, was really, really bad. And I, like, I look back now and it’s, you know, I, I guess ’cause it’s been a couple of weeks since it’s been really debilitating and it is, and again, I don’t know like that this is me or this is like just somebody else, but I, or this is me or this is the comment with other people. Sorry. Um, is that. Like when I’m not in pain anymore. It is such, so much like, I mean, depression is like this too. It’s so much like a vacuum. It’s like when you’re in it, that’s all you can see. But when you’re out of it, like it’s so easy to forget what it was like Jeff: Yeah, yeah, totally. Completely. Christina: totally completely right. Yeah. Jeff: Yeah. I can even imagine being in the [00:12:00] situation you’re describing, knowing I have a surgery coming up and being like, well, do I want to? Which, like, to your point now, you make that call and you’re worrying forever. Am I gonna wake up? And this thing’s there. Next time it happens, I gotta wait another God knows how long before the surgery, when I’ll know it’s time. Like, you know it’s time now. Get in there. Christina: No, totally, totally. And and that’s the thing. And I think sometimes it can be. Like I said, like when you’re not in the thick of, of it, whether it’s like, you know, feeling depressed or feeling overwhelmed or, or stressed or, or in physical pain or whatever, like it’s easy for to forget like what that can be like. And so I have to just kind of like remind myself like, no, this was really fucking bad. And yeah, you got through it and now you’re on the other side of it. And so you’re like, oh, okay, well, you know, I, I, I could, you know, do whatever, but you’re like, don’t, don’t forget what that was like. Right. Journaling and Mental Health Christina: Um, sometimes I think like, and, and I, and I’m bad at remembering to do this, but new thing for the new year, I guess is why, um, it is important I think to like write things down, right. Like however we’re feeling, whether it’s, you know, good, bad, whatever. [00:13:00] Sometimes, like for me, like it is Jeff: Just like journal you mean, right? Christina: Yeah, exactly. Yeah. Yeah. Be, because it can be useful just to like look back and like, if you’re in a darker spot to remember, hey, there were times when I felt this way. Right. Might not bring, bring me back to that place. But it’s a good reminder. But also I think almost just, it’s importantly, it’s, it’s, it’s the inverse where it’s like you need to remember when you’re in a good place. What it can be like to be in a worse place. Um, because, you know, I think that’s why sometimes people make decisions they make about what medicines they’re going to take or not take or what therapies they’re going to continue or not continue. And, um, and it’s, and it’s really easy to get into that, you know, cycle of, okay, well I’m fine now, um, because you’re removed enough from what it felt like to be bad, you know? And, and then, and, and, and also I think sometimes like, uh, and this is why I wish that I’ve been journaling more over the last few years. You can really get yourself into a deep depression and not realize it. Jeff: Yes, yes. Yeah. And I feel like journaling too, just like helps you internalize some of the flags and [00:14:00] warning signs, even if you’re never looking back, like, ’cause you’re gonna process them a little bit. Christina: yeah, yeah. Jeff: can’t, I, I’ve journaled over the years for stints of time. I can’t go back into them. I almost like, I almost like bounce off the page when I try. Um, but I really have come to believe that just the act of doing it is the thing. Christina: agree. Jeff: Yeah, Christina: Yeah, I agree. Yeah, I, I usually don’t re reread my old stuff either, and I haven’t journaled regularly in a really, really long time, and I actually would like to get back into that again. I think it would be better for my overall health, but similar to you, it’s one of those things I wouldn’t necessarily revisit, Jeff: But now, you know, you have a document, you have a reason to go back into it. Christina: right. Well, but, but also, I mean, I think to your point, just the act of doing it, um, you know, and this is case, we’re both writers. I think this is the, the case for a lot of, of people who, who write like it, it is one of those things that like, that’s what will almost like cement it in my mind. You know what I mean? Like, as, as, as mattering [00:15:00] like, like even if it’s something innocuous, even if I don’t remember the small details of just that, that the fact that like, I’ve done it, like, like to your point, helps you kind of process things and kind of, you know, act more as kind of a therapeutic place. Jeff: Yeah, I don’t, when I’m writing like that, or just in general, I don’t feel like I’m writing from my brain or feel like I’m writing on my brain. Christina: Yeah, yeah. Jeff: It’s like I am actually putting the information in, not drawing it out weirdly. Christina: Yeah. Yeah. No, I, I know, I, I, I, I love that actually, I’ve never thought of it before. Writing on my brain. I love that. That’s really, that, I think that’s really profound. Jeff: Yeah. So there’s, um, there’s a kind of journaling that I wish I, I, well, I don’t beat myself up at all to be clear about this ’cause that I’m too old to do that anymore. The Artist’s Way and Creative Practices Jeff: Um, but there’s this book I read back in. Oh God, 2019 99 called The Artist’s Way by this woman Julie Cameron. And I don’t remember much about this book except for, and I probably have talked about it on this podcast [00:16:00] years ago at this point, but she has this practice, she calls morning Pages. And the idea is you sit down first thing in the morning, you fill three pages, you don’t think about what you’re writing or why you just keep the pen moving. And, and I, what I have found, that’s the only kind of real regular journaling I’ve ever done. It’s a great, great hack for me. ’cause it, it, I can do that. And I fill, I’ll fill a, you know, big notebook and I have a box full of them from over the years. ’cause again, I’m old. Um, but what is, I have never, I don’t think there’s been a single day that I’ve done those morning pages when I haven’t been a little surprised and something hasn’t emerged that. I’m like, I’ll think to myself, well shit, if I hadn’t have done this, where would that have stayed and lived and, and lodged itself. Right. Like, um, so anyway, I I’m glad you are bringing this up ’cause it’s reminding me of that and New Year is a great time to be thinking about that. Christina: Totally, totally. No, I love that. And I, yeah, I, I found the book The Artist’s Way, a Spiritual Path to Higher [00:17:00] Creativity. Jeff: Yes, Christina: and it’s like this yellow gold book, but like, apparently, and then like they, they, they, they, they sell Morning pages Journal, a Jeff: they do, of course. I Christina: Yeah. Yeah, of course. Jeff: it probably took her two decades to realize she should be cashing in on that, but she did. Christina: No, honestly, so the book, it looks like it was published the first one in 92, Jeff: Yeah. Christina: then they were selling the companion volume to the Artist’s Way as December 29th, 1997. Um, so, so like Jeff: that you’re doing this history. This is delightful. Christina: I, well, I just looked at Amazon is just kind of filling this out for me, so I’m, I’m, I’m, I’m, I’m, I’m, so at least it is possible that, that the, the book pages might have been even earlier than that, but like, good for her on like, recognizing there’s also a Artist’s Way workbook, um, now that was like a decade later, like 2006. Jeff: Yeah, that’s what I, maybe that’s what I’m thinking of. That came much later. Christina: Yeah, yeah. But, but it does seem like she got into that, like a David Allen kind of, you know, like, you know, whatever steps of highly, you know what I mean? Like, like all that kind of like stuff, [00:18:00] which Jeff: You’re letting the publisher have those meetings with you. Christina: Which honestly look good for you if you’re selling that many and whatnot. And, and if you come up with this journaling way, yes, sell the freaking paper. You should be selling PDF copies so that people can have it on their iPads now, like, you know, Jeff: Yeah. Christina: or, or, or on the remarkable tablets or whatever. Jeff: she had another thing actually I haven’t thought about in a long time. It wasn’t as useful to me long term. It helped me in the moment I. In the moment I was in, she called ’em artist dates and the idea was like, ’cause as you said in the title, it’s all about creativity. She was like, you, you take yourself out, go to a, whatever it is, a museum, a art supply shop, something like that. But with intention, like, I am going out to do this thing on my own alone because I know that it has some connection to what feels good to me about art and creativity and expression, whatever it was. That seems like a silly thing. Like it’s basically her saying, go to a museum. There was something about calling it an artist date. I think I was in a relationship too at the time where I was like not, it was not easy for me to [00:19:00] just go do something on my own. It was just a weird dynamic a little bit. So anyway, that was another good thing that came out of it. I mean, I, you don’t really have to work hard to tell me to go do something on my own, but at that time in my life you did. Yeah, she was great. That’s awesome. Christina: Yeah. Yeah. Uh, yeah. No, that is funny. Yeah. So yeah, so apparently that book was published in, in 1992 and, um, you know, uh, was immediately like, well, the first printing was about 9,000 copies. In 1992, the book was published by Jeremy Tarcher. Now part of Pink Wing Group revised and millions of copies have since been sold millions. Jeff: it was total like guru status by the Christina: Oh yeah, absolutely. No, absolutely. You know, and, and in a, yeah, she, she was, uh, she’s a, she was born in 1948, and so, uh, she’s still alive. She’s still kicking it. Um, Jeff: yeah. I think she made some new book that was like kind of a take on it, but it was a different, I don’t remember. Anyway. You’re the Christina: Yeah, no, no. Her, her list of like, of like books that she’s published is, she’s the, the most recent one. So she’s still doing the, the, the [00:20:00] writer’s way thing, living the, the artist’s way. An intuitive path to greater creativity. So I guess they did a 2024 version Write for Life, a toolkit for Writers Seeking wisdom, A spiritual Path to Creative Connection. Six week artist program. Jeff: it’s kind of like David Allen, where it’s like, wouldn’t it be nice to have created something when you were, whatever, reasonably younger, like 20, 30 years ago, that not only that you can ride for a long time, but you probably don’t feel bad about riding it for a long time. Right? Like, ’cause you can create things or have a band or something like that, that like your only choice is to ride that thing, but it gets pretty ugly. I see you Vince Neil. Um, but yeah, anyway, must be Christina: No, it ha it has to be nice, right? ’cause it’s like, okay, well no, and, and then it has all these little spinoff things, so it’s not like you have to feel like, I mean, although th this actually, this would, this would be an interesting idea for like a, a, a novel or a screenplay or something, which would be to be like, okay, you know, and people have have done like riffs on these things before on, on, you know, shows or whatever. But, so this would be an interesting story, I think to kind of focus on where it’s like you have somebody who is like, just famous for like, this, this one thing that they did, [00:21:00] and now their whole life has to revolve around it. But what if it was like, something that they didn’t like actually, like, believe in? Jeff: yes, Christina: what if you have the guru? What if you have the guru who’s like, actually is like, actually I don’t really, you know, I’m, I’m, I’m David Allen, but I, but I can’t actually get anything done. I have to have like a whole, you know, cadre of assistance to actually organize my, my, my, my calendar and my life. For me, you know, I don’t Jeff: Carol and Pluribus, I don’t know if you’re watching Pluribus, but that Yes. Her, her whole like book series. Clearly she was at a point where she’s like, yes, I should still ride this, but I cannot. That’s all right. Things changed for her. Um, okay. I have to tell you about something insane that happened to me at the end of 25. Christina: Okay. Alright. Before, before we do that, let me let Ru first, um, let’s, uh, let’s, let’s go ahead and, and get our, our sponsor read Jeff: Oh, way to remember the sponsor. We remember you sponsor. Christina: We, we, we do. So, um, I, I, I, before we hear about what happened to you at the end of 2025, let’s, uh, let’s go ahead and talk, uh, forward a little bit about 2026. So, are you [00:22:00] ready to take control of your finances? Well meet copilot money, the personal finance app that makes your money feel clear and calm with the beautiful design and smart automation. Copilot money brings all your spending, saving and investment accounts into one place available on iOS, Mac, iPad, and now on the web. And so, as we are entering 2026, it is time for a fresh start. And, you know, with Mint, uh, shutting down last year and rising financial uncertainty, consumers are seeking clarity and control. And this is where copilot money comes in. So, copilot money. Basically helps you track your budgets, your savings goals, and your net worth seamlessly. And with a new web launch, you can enjoy a sending experience on any device. 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That’s try dot copilot money slash Overtired and use that coupon Overtired and you will, as I said, save 26% off your first year. So try copilot money slash Overtired. Use the coupon code Overtired. Thank you very much. Copilot money. Jeff: Bam. Can you hear my Synology? Christina: No, Jeff: Oh, that’s funny. ’cause I, I get this. Hum. I recently com I, I’ll visit this in GrAPPtitude. I, [00:24:00] uh, I completely clean, installed my Synology after like six years. ’cause when I did. Build it. Initially, I actually didn’t really understand how to use it, and I, and I made some mistakes that because of all the stuff I put on, it was hard to sort of, I was treating it like it was gonna be an external drive and I could just kind of work with, you know, which was a huge mistake. Um, but anyway, I, it’s working so hard. It’s working so hard and it’s on my desk, which it normally wouldn’t be. So I hear this humming. Didn’t know if you heard it. Christina: I, I did not, I did not, which is a good thing. So, okay, so, all right. Uh, let, let’s, let’s go back. So what, what, yeah, I’m ready. I need to hear what happened to you at the end of 2025. All right. Unexpected Alley Incident Jeff: All right, so, um, my boys are out. They’re almost never out, but they’re both out with friends, different places. My wife and I we’re home and we were eating dinner and I got an alert from my back door ring camera, and. That almost never happens. It’s only exists to, to notify me of like alley shoppers. We’re in, in the city. We have an alley behind us and, and we get a fair amount of pretty [00:25:00] harmless alley shopping. Like it’s, is the car unlocked? If it is, you got some change. If not, I’m moving on. Um, but I like to know when they’re there. Christina: yeah, Jeff: We’ve had some bikes stolen and some people go into our garage and stuff like that. It’s very rare that it goes off less than I actually thought it would. Um, and so it goes off and it goes off at around 7:00 PM very unusual. And, uh, and so I, I, I pull it up and I look and, and I, all I can see is there’s two cars parked in the alley. I have this weird view where, um, it’s kind of a fence and then our garage. So I can see between those two things to the alley basically. So there’s two cars. That’s weird actually. And when I see some of people’s like videos about folks breaking into their cars, there’s often two that come. And so I was like, oh, okay, well it’s, I should just like go out and look. So we go and we kind of look at our, at our back window to see if we can see anything. And we’re just like, yeah, it’s weird. They’re not only parked but the headlights are off. And like, I’m gonna go out and check it out. She’s like, well first, why don’t you look at the video it recorded, which I wasn’t thinking of at all. So I pull up the video, it recorded, and I see these [00:26:00] cars park, but it’s like three or four of them come through the two that I can see park. And all of a sudden there are probably seven or eight figures running down the alley from these cars. Okay? And I’m like, well, that’s crazy. And so I walk out there and I go up to the first car and it’s got Texas plates. And around here where we have a little bit of an ice invasion, Texas plates are reported a lot. I look at the next car and it’s got no plates at all. And I look at the car after that and it’s got vanity plates, specifically chosen one with a Z. Um, and, and I’m like, oh my God. It’s the thing like ice is in my alley. And, uh, and so I come back in, I I’m like, you tell my wife, like, should probably get your coat on. I think it’s the thing is what I said. And, and we go out and sure enough, like at the end of our alley where there is a family and, and they are, um, US citizens, they’re Mexican immigrants, um, that’s where I see all these officers sort of, or these agents sort of coalescing and um, I’m gonna leave some aspects of this out. They were [00:27:00] actually, they were serving, uh, uh, narcotics warrant that ended up being totally misguided. Nothing happened of it. Um, but it was super scary. But I kind of don’t wanna say more than that because I wanna be really clear that as everyone should know about policing, a search warrant is not an indictment. Um, and oftentimes search warrants are so searching and, and, and often come up with. With nothing. Right? And, and maybe even were targeted at the wrong person. And there’s didn’t even have the name of my neighbor on it. It’s this whole thing. But the point is, it was a little different from what we’ve been hearing because there was a different agency there serving a warrant. It was the airport, airport, police department, ’cause of a package. So there was that piece, there was actually a signed warrant. ’cause everyone’s trained to say, show me the warrant. Show me the warrant. So everyone, you know, my wife and I were the first ones there. Um, and then another neighbor rolled up, and then I’ll get to the rest in a second. Um, so it, it’s shocking that it’s happening in our alley. Christina: in our alley, right? Jeff: just like, Christina: you, yeah. Jeff: what? What the Christina: I, I mean, how [00:28:00] I would feel to a certain extent would be like, I’d be like, am I in Amer in an episode of the Americans? Like, like, you know, Jeff: is, did they have to write it this way? Just ’cause how else are you gonna bring it to the people? You know? It’s, you gotta bring it to the characters. Um, so anyway, we go down there and, and there’s one, so all of the, everyone decides the airport PD guy who has no mask and is kind of like presenting like a pretty normal cop basically. And he is got a badge and a name and a number. But walking in and out of the house, all around us are these guys who are in full battle fatigues. They’ve got masks on, they’ve got ars. Um, they are, they are a weird mix of people. There’s a woman in there who’s like looking like, literally like she was cast for a movie to be, uh, an, an ice person. In this case they were Homeland Security Investigations, HSI. But it’s all intertwined at this point. Um, and then there was a guy that must have been like eight feet. That was crazy. There was a single guy that was wearing a, like a straight up like helmet, uh, for, as if he were going into battle. [00:29:00] Nobody else is wearing a helmet. Um. And none of them were talking. They were just passing through. And, um, and so we tried to engage one of them, talked to them for a little bit, do the thing you do. Hey, why don’t you take that mask off? You know, I don’t wanna get docked. I was like, uh, Christina: around. Jeff: it was like, I both understand why you don’t wanna get docked. I also feel like you’ve got the power here, brother. Um, and which was the conversation we had, um, I was like, you have a mask on. You also have your finger on the trigger of a gun. And he’s like, well, that’s not, it’s not on the trigger. This is how we hold guns, dude. I was like, I understand that, but your finger is itching at the trigger of a gun. And so he put his hands on top of the butt of the gun. ’cause it was kind of, you know, mounted the way it is. Is that better? I was like, no, you’ve still got all the power. Take the mask off. Like, at least. Um, and uh, what, what was really interesting, and I I have this sort of like wrap up that occurred to me later that kind of blew my mind is, you know, in our neighborhood, um, because ice activity has been going on all around our neighborhood, like in. Neighborhoods [00:30:00] surrounding our neighborhood or a little further out, but all within a, I could get in the car and rush out there distance. Basically we have these, we have these neighborhood signal groups. The first one that popped up was actually around my son’s school, which is very close to here and has a lot of East African and Hispanic, um, immigrants and, and, um, and so that we knew that was like, you know, people were scared there. Some kids weren’t coming to school. And so, um, some neighbors organized in such a way that they could a, have a signal, uh, communication channel. But also part of that was planning at the beginning of the day and that release time for enough people to sort of be paired up in areas around the school, but not so close that it freaks the kids out. That like if something happened, there could be sort of a rapid response. So we had that signal group. There’s a broader signal group that probably covers like a four block area, and then there’s a wider one that’s our wider neighborhood basically. And that one’s like a rapid response signal group. So these have been going. Pretty, like consistently [00:31:00] ever since it was announced that we were getting ICE and Homeland Security folks here. Um, so the network was all in place. And, and so I’m out there initially and I see all the cars. I’m like, holy shit. Wife and I go to the end of the block. We start talking to first the airport PD guy who’s there, and then the the one HSI guy who comes out. Then another neighbor, another neighbor. I go back to take pictures of the plates because folks around here are keeping a registry that you can get through the signal group of all of the makes and models of cars that we know have been at these, um, kind of ICE activities or homeland security activities, and then their license plates. And so there’s like a running log, which has happened in other cities too. So I was taking pictures of all the cars. Um, but I was pretty like, I mean, I’ve been through some shit and. Having it in your alley is very different from going halfway across the world as like an activist or something. Um, and having it ha neighbors are people we know and care about. And so knowing that, not knowing what’s happening for them, which I don’t mean to bury that lead [00:32:00] ’cause I’m kind of getting to that part, but I also want to just respect their privacy. Um, so like the thing I should have mentioned at the top is like, we know these folks and it was fucking terrifying to be standing there arguing with these HSI guys knowing that at some point, or just assuming at some point these people we know are gonna be dragged outta the house in front of us. And then it was just like this constant question of what the fuck will we do? Then? It did not happen to be really clear, uh, ahead of time. So I’m taking pictures of these cars, I’m like, oh shit. I’m supposed to notify like the signal group, but I’ve got, I’ve got all the presence I need to take pictures of cars. I’ve got the presence I need to engage these guys, which my wife was doing plenty good job of, so I could just like walk away and do the license plate thing. But when I pulled up my phone. To open signal. I opened Slack three times, like I could not, I got an S into my search, my app search, and like kept clicking the wrong thing. I was shaking. It was also freezing out and so like I’m shaking and so [00:33:00] thank God it occurred to me. I have one friend I know on this signal group that I, I know would answer the phone, so I called her. I called her and I was like, I need to be quick. Here are like the fundamental details. Can you please notify? The signal group and the rapid response people. So that was great. She did initially, the first group that showed up, which was just incredible, were like all of our neighbors, we all know this family. Like it’s not, they are just neighbors. It’s not like it’s a special offset group or something. Like they’re neighbors. So all of the neighbors show up. We have a really tight block. Um, that was incredible because it’s not like it’s a neighbor of activists. It’s what’s been incredible about this stuff from the beginning, which is like how easy it seems to be for people to pop outta their house and be like, Uhuh. Like it seems like, it seems like a lot of people are not feeling inhibited about that, which I think is really cool. And I totally respect the people that feel inhibited, right? Like, ’cause it’s just, it’s a whole thing to go out there. So we had this great group of neighbors and they were all, we had a public school teacher who was just killing it with this one HSI guy. It was so, [00:34:00] so good to watch and it felt really powerful and I think she was doing a really good job of trying to sort of like. Knock some things into this guy’s head knowing that like, you know, you’re in a dynamic that kind of you, there’s not a lot of room for things to change. Right. But given that she, it was really just inspiring watching her do her thing and then the like rapid response community showed up, which is like a mix of, you know, folks who are kind of just dedicated neighbors and then people who are sort of what you might call the usual suspects, right? Like the people you would expect, especially in South Minneapolis to show up at a thing like this. And I don’t know if you’ve heard about the thing people do with whistles around these things. Christina: Yeah. Well, I, I, all I’ve heard is that, and I ha, so all I know is I think sometimes people have whistles and kind of like, like, like blow them, almost like to alert people like that, that like, like the, like the, the, the, that like ice is there. Jeff: Yes, exactly. And that yes, that’s exactly it. And that’s been going on here and, [00:35:00] and everybody’s getting whistle. You know, sometimes when you get a good, it’s, I’m not calling it a bit, ’cause I’ll tell you in a minute why it was effective, um, in ways that I hadn’t anticipated. But, uh, you know, it’s like a, it’s, I can do this, I can get a whistle, I’m gonna get a whistle, right? Like, that’s something I can do. Like, it’s something that really caught on and there’s all these whistles being passed around and people on the neighborhood group being like, got a bag of whistles if you wanna come by. So I, ima imagine at this point that when these HSI or ICE people roll up to a thing before they get out, they’re like T minus 15 minutes to whistles, right? Like, this is how long we have before everyone shows up. And, and so pretty soon it’s whistles everywhere. I had a neighbor who kept putting off her, um. Car alarm just to make more crazy noise. We had another neighbor next to this neighbor who is a very conservative like Trump guy who, when he doesn’t like the noise that’s happening in the neighborhood sets off fireworks. And for some reason he was like, I’m gonna do the thing I do, even though there’s all these guys with guns and I’m gonna set off fireworks. But in that case, ’cause he is pissed off at all of us, like it was so [00:36:00] fucking chaotic for a minute. Um, but it was, it was an incredible thing to see how quickly people can deploy basically. Um, ’cause we aren’t like Chicago where like we’ve had a lot of activity here, but it’s been pretty quiet activity. Like, it’s like what happened here? It’s like you and your neighbors know about it and maybe 20 people showed up from your neighborhood rapid response. But like, they’re not the kinds of stories that. They’re not landing on rooftops, they’re not showing up with a hundred cars and calling people away. They’re hauling one person at a time away. And you hear about it here and there, but it’s been very quiet, unlike Chicago. Um, and so to have it given that, especially to have it show up just in your alley was like really, really insane. Um, so anyway, so it all, fortunately the, the police HSI, everybody left with nothing. They did not carry our neighbors away. They did not have any, any result of this warrant that we could tell. But of course, we’re not gonna know. Another [00:37:00] theme of this is how, how hard it is for good information to be resilient in a moment like this, right? That’s a whole other theme. And that, that’s one that gets me kinda riled up when people start after the fact or during the fact really kind of shouting out almost things that are wrong. Like the, the call that went out. For people to come. Said there were six cars in my alley with Texas plates, but I was very clear, there are six cars in my alley. One of them has Texas plates, right? So it’s like, that kind of stuff is a little spooky, but here’s what happened. So at the end it was all over. Our neighbors were able to pop out, wave at everybody, thank everybody. They had been handcuffed this family, um, in their living room while HSI figured out if they were citizens. And, um, what had what the whistles meant in this case was that they knew people were all over around the house. And that was, I’m sure, a level of comfort to know that like something’s happening out there. And then we learned later that there was an immigrant family down the block in the [00:38:00] other direction, across kind of a thoroughfare that we’re on the intersection of who heard the whistles and knew like, let’s stay in the house. There’s a lot going on out there. I dunno what it is, but now I hear whistles. Let’s stay in the house. And, um, and so it was quite a, quite a thing. Family Activism and Signal Setup Jeff: And what I kind of realized afterwards. Was we started this year. My family, my in-laws, my in-laws especially, were very, they’re, they’re, they’re very, um, active. They do kind of activist work, but it’s very like, um, service oriented. But they’ll go to an anti-war protest. They’ll go, you know, they’ll do the thing. They’re, they’re lovely people. And my father-in-law, especially at the beginning of the year, I was like, I don’t know what’s coming. Um, I hear that it’s good for everyone to have signal if we wanna be able to communicate to each other. So I wanna learn how to use signal. And so I helped him, my mother-in-law set it up. I created kind of a family group for Signal and everyone was setting up signal, right? Like at that point, not knowing what was gonna come. It wasn’t even January 20th yet. Unexpected End of Year Incident Jeff: And I wrapped up my year activating a signal network for rapid response because I [00:39:00] had masked people in my alley with guns refusing to identify themselves driving cars from out of state. That is insane. And I was like, that looks pretty tight. Season wrap up. Like, what the fuck? Because I kind of had gotten to the point, I guess prior to when ICE got here in, in the first place, I’d gotten to the point where I’m like, I don’t even really think about Signal anymore. Um, but then they came here and it, and it popped up. So that’s what, that’s what happened in my alley. Um, at the end of the year. Christina: And, and, and, and, and, and I mean, and, and, and you said, you said your neighbors are okay. Speculations and Concerns Christina: I mean, do, do you know anything more about like, like what, what happened or like what the, what the situation was? Jeff: I don’t know anymore. And that’s where I’m like a little cautious because since it was like a warrant for something, it was a narcotics warrant, right? Like, I, I have no idea what happened there. I don’t know. I can, I can only speculate. Um, but I know that the, the [00:40:00] name on that warrant was not someone that lives there. Um, so I can tell you that ’cause I saw the warrant. Um, and, and that’s the most I really feel comfortable saying. Christina: Fair enough. Yeah. I, I, I, I, yeah. I’m not, I’m not trying to like, Jeff: No, I get it. I get it. That’s me actually. Dealing with Law Enforcement Jeff: I’ve been wrestling with like, how much, even on the, I kind of like was asking people to be cautious, even on the signal, because they were sharing details about the warrant. I was like, Hey, details in a warrant. Do not share those, because that sticks to people. And like the details in the warrant were just like, no, we’re not gonna do this. Even when the guy read me the warrant, I was like, are you serious about that? He’s like, oh man, for sure. Okay, sounds good. Let’s, we’ll talk in an hour when you’re all done and you don’t have anything. Like I, I’ve been down this road before. I was a reporter for a long time, like I watched The Wire. Um, Christina: exactly. I was gonna say, yeah, I was gonna say the, the sort of reporting I did, like, yeah, I watched the Wire. Um, so would be Jeff: I said that to the guy. I didn’t say I watched the, yeah, I didn’t say I watched The Wire to the guy, but I was like, he [00:41:00] kept gaslighting us and I was like, come on man. Like you and I we’re smart people, you and I, and that was me being generous. But like, we’re smart people. You and I like, we know this thing you’re saying. It’s like, it’s totally not the case. Like when I asked him. The airport PD guy. What’s up with the cars with Texas plates and no plates and vanity plates? I don’t know, I don’t coordinate with those guys. I was like, okay, that’s weird. ’cause like here you are and they’re walking all around you. Surely you coordinated with them enough to get them here. It was just like, what the fuck? Just so much gaslighting that I won’t even get into, but it was just nonstop. But I was so proud watching my neighbors when the rapid responsible showed up. It was a, there’s always like some people in those situations where I, I, I get pretty activated around lack of discipline and I understand how that happens. But having been in like really super high stakes situations where people could, and who this was one, right? Like I don’t, I don’t react well internally to people who I feel like are working out something that’s theirs. Um, [00:42:00] and at the same time, how do we know how to process this, right? Like, I don’t, we, it was something incredible to watch Mask men and one masked woman walking up and down my alley, bumping past me with guns, with masks, with no idea, with no badges, refusing to pro produce any saying, why does it matter anyhow, saying how much threat they’re under, seeing how they get followed, like just, it was, it was an incredible thing. I had my reaction, but my reaction was based on wiring, based on really intense, unusual experiences. Um, other people, this is new to them. This kind of thing is new to me too, but, so anyway, I, I just like, I saved that. I didn’t even tell you guys when it happened. I’m like, I’ll just tell them on the podcast. ’cause Christina: yeah, no, I mean, that’s, that’s wild. I mean, like, and it’s just, it’s just, well, and, and it’s, I don’t know, it’s so dystopic, right? Like, it’s such a, like a, a terrible like thing to like have to like witness part of, right? Because like, look, yeah, there are going to be circumstances when maybe like, you know, Homeland Security or somebody else, like really actually does need to be involved and, you know, [00:43:00] um, you know, at your neighbor’s house. And like, that’s unfortunate, right? But like, there, there are real circumstances where that could be a case. Like I, I, I, I, I mentioned the, the Americans earlier, that was like, based Jeff: I need to watch that. Christina: It’s a great show. But, but the, the, the, uh, a former CIA agent was one of the, the, the, the creators. But the, um, the idea came to like, uh, one of the showrunners basically, he read an article, I think in the New Yorker or something about a, a family that like seemed like, just like the perfect, like normal family next door. And like the kids came home from school one day and the parents had been picked up because it turns out that they had been Russian spies living in the United States for like 20 years. And like, they were like actual Russian spies. And, and then that kind of like went into, okay, well, well, well, what happens then? Like, what happens to that family and, and what happens to get to that point? Like, what happens? Like if your neighbors are those things, right? And so there are those like very much like stranger than fiction. Like, like things, right? But in most cases, that’s not the circumstance. And, and certainly the way that like all this has been handled and the way that they’re doing all of this treat things for, [00:44:00] you know, like whatever the warrants were for whatever the situations are where they’re like, okay, now we’re gonna bring all these other groups in. We’re not going to have any due process at all, and we’re not going to, to bother with any sort of thing of humanity at all and then freak everybody else out, like is just, you know, then, and then it puts you like, as, as the neighbor, like in this position where you’re like, okay, well how do we get the word out? How do we help, how do we, you know, make sure that if’s something, is that if this is something that you know, isn’t what we, what we think that it is or whatever, that we can make sure that they’re not going to be. ’cause we see all the reports all the time. I mean, US citizens are getting arrested for, Jeff: Yeah, totally. Christina: the wrong way, Jeff: Oh yeah, we had a, we had a woman here probably, I think she was like in her sixties, and she walked out of her house ’cause there was something happening across the street. And in moments she was in the car, she was gone. Her husband didn’t know where she was. She was released later that day. Like we’ve had a lot of stories like that. And so that was stressful too, going in, right? Like when my partner and I went, went up to talk to this guy, I, I left down the alley to take pictures, but I [00:45:00] was like looking over my shoulder constantly. ’cause she and I have talked about how, like, can you imagine if one of us was taken and we didn’t know? And I was like, oh, we are in a situation right now where no way can I say, there’s no chance one of us will be taken. Like, no way. And you know, the longer you’re there, the more you push it a little bit, you know, not push it like physically or something, but just like push it a little more people out front. Someone kicked an ice car in, in an HSI car and got like pepper sprayed or whatever. Um, Christina: and it’s, and it’s like, don’t do that. Like, don’t like, Jeff: Well, it’s funny because, it’s funny because that per I, this is, I, I know there are people listening who will think I’m such an asshole for this, but I, to I, I feel zero apologetic for it. Reflections on Responsibility Jeff: So I am, I’m not like a huge fan, like kick the car when there’s a family that we don’t know how they’re doing and these people are around, like, don’t escalate in that way with these people. Don’t set off fireworks behind the guys that have their fingers resting near triggers. Like you Christina: That’s what I’m saying. That, that, yeah. Jeff: yeah, you just don’t do that. Uh, but here’s the part that makes me sound like an asshole and, and I don’t mind at all. [00:46:00] Um, they were, they were the only person that was pepper sprayed. And, and it was this, you know, certain people that come from outside the neighborhood. It was this very dramatic thing, whatever they pepper spray, you know, whatever. And I was like, what, what happened? They kicked the car. I was like, eh, I’m going in like, I mean like, yeah, you got pepper spray because you kicked the car. I assume you were in for that. Like you signed just like the guy with the mask who’s worried about being docked. He signed up for this dude. Christina: I was gonna say, you, you, you, you signed up for this, you, you, you, you’ve signed up because you saw Christina O’s you know, like ridiculous, like, you know, like, come, come join Ice, you know, like, like, you know, freaking social media, you know, posts or whatever, like there ads you’re doing like, yeah. Like you, you know exactly what you’re doing, so fuck off. I don’t, yeah, I have zero. Jeff: I I said you signed up for this. I did not sign up for this. I said you signed up for all of it, dude. Like you Christina: Yeah, absolutely. No, I mean, honestly, well, well look, you know, it’s the same thing like the military, frankly, like, you know, like in the, in, in the seventies and stuff, and we saw, you know, more of it then, like, I’m not saying that it was like the, the right or like nice or like humane thing to spit in the, in their faces. [00:47:00] Right. But like. Especially after the draft was gone. Like, you sign up for that shit, Jeff: It’s a tough man. I, I had that, I, that experience throughout the Iraq war where. I knew. I mean, there’s the economic draft. There’s all right, there’s all these reasons people end up in war. But at the end of the day, when I am walking around a city I love, and other Americans are there in armor and Humvees and they have destroyed a city, I feel like this is what you signed up for. It’s not what you signed up for, but it is literally what you signed. Same with police. It’s a little bit Christina: that’s Jeff: I totally respect the trauma. I respect that you’re in situations where Christina: that’s real. No. Jeff: your values. Like I Christina: Absolutely. Absolutely. And, and, and that, that is real. And, and to your point, there might be like, like economic scenarios, drafts and other scenarios where like you’re like, well, I had a choice, but I didn’t have a choice. Okay, but you knew that this was a trade off. Like you knew that this was a thing that comes with, with, with the territory. If it comes with adulation, but it comes with the bad stuff too. Right. Jeff: And if you’re killing people, I don’t feel super bad about saying that. I feel super bad for you for having to live with that [00:48:00] fact. But like I don’t feel bad for saying, Hey man, Christina: well, I mean, like, and, and it’s a Jeff: have said no. Christina: and it’s a completely different like thing. I’m not even trying to categorize it the same way. ’cause it’s, it’s not. But like, just, just like in, in my life, you know, people oftentimes will like, yell at me about stuff that they don’t like, about, like the companies like that I work for. And you know, what I, I’m, I’m part of my job is to kind of be a public face for, for those things. And that means that I get yelled at and that’s okay. And like that, that I, I quite literally knew that I signed up for that. Does that mean that I always appreciate it? That is, does that mean that I don’t get annoyed sometimes? Does that mean that I like being like tarred and feathered with like mistakes or decisions that like, I had nothing to do with Absolutely not right. But like, that’s quite literally part of my job. So, you know, it, it, it is. So I can’t like turn around and be like, oh, well, you know, you can’t, you know, like. You know, say, say this to me, or whatever. Right. Um, but, and, and again, I realize it’s a completely different scale of things. I’m not in any way trying to equate the, the, the, the two [00:49:00] scenarios, Jeff: No, but it’s, I mean, it is, yeah, Christina: but all of us, but all of us, we have jobs and we do things and like in a case like this, like if you work for those agencies, right. Especially right now, and like I recognize and I can be sympathetic that you may not have signed up. Under these circumstances. Having said that, I will say that if you signed up in the last eight years, you knew that these were things that were going in a certain direction, right? Um, I, I, I, I, I will, I will further say that like I, I’m not gonna say that like every single person is involved, but I will say like in the last eight years, you’ve, you’ve seen which way the wind was going and, and, and, and, and that’s okay. You can make that decision and, and like, I’m not gonna judge you or your character as a person for that decision. I’m, I’m, I’m, I’m not. ’cause we all have to make decisions about where we work. Having said that, that just also means like what we’ve been saying, you’re gonna have to deal with some shit. You’re gonna deal with people recording your face. You’re gonna have to deal with people being angry with you. You’re gonna have to deal with, to your point, people kicking the cop car. And if that’s all that happens and like, and, and, and, and it’s not gonna lead to another escalation point, that’s fine. I, I’m with you. I

Hello classmates!The Academy Awards abandon network television, an update from the State of Tyler, and one of the greats was taken from us Visit the YouTube channel Saturdays @ 12:30 PM Pacific to get in on the live stream, or just watch this episode rather than just listen!Channel:https://www.youtube.com/@middleclassfilmclassThis Episode:https://youtu.be/b5GtL5G5dechttp://www.MCFCpodcast.comhttps://www.twitch.tv/MCFCpodcasthttp://www.facebook.com/MCFCpodcasthttp://www.twitter.com/podcastMCFChttp://www.tiktok.com/middleclassfilmclasshttp://www.instagram.com/middleclassfilmclassEmail: MCFCpodcast@gmail.comLeave us a voicemail at (209) 283-1716Merch store - https://middle-class-film-class.creator-spring.com/Join the Patreon:www.patreon.con/middleclassfilmclassPatrons:JavierJoel ShinnemanLinda McCalisterHeather Sachs https://twitter.com/DorkOfAllDorksChris GeigerDylanMitch Burns Robert Stewart JasonAndrew Martin Dallas Terry Jack Fitzpatrick Mackenzie MinerBinge Daddy DanAngry Otter (Michael)Trip AffleckJoseph Navarro     Pete Abeytaand Tyler NoeStreaming Picks:Klaus - Netflix One Flew Over the Cuckoo's Nest - BUY IT ON BLU RAY!Abraham Lincoln Vampire Hunter - HVO maxBetter Watch Out - Roku, Kanopy, Hoopla, Plex, TubiQueens of the Dead - AMC, Shudder, Philo

Help celebrate our 300th episode by answering the question...can China show up all of Hollywood with their own take on the Anaconda franchise!? Find out as your hosts and special guest Olivia Yu get back on yet another boat with Anaconda (China)! Star ratings help us build our audience! Please rate/review/subscribe to us on Spotify, Apple Podcasts or wherever you listen, and share us with your favorite chocolate lover! Email us at sequelrights@gmail.com with feedback or suggestions on future franchises!

Step into This Week in Horror History and relive the nightmare fuel of December 22–28: a Christmas-week collision of alien infiltration, true-case exorcism lore, and paranoia-soaked sci-fi horror.This episode digs into:Dec 25, 1998 — The Faculty: the ultimate '90s teen alien horror—teachers acting wrong, bodies getting swapped, and the school turning into a trap.Dec 22, 1978 — Deep-Cut Spotlight: Invasion of the Body Snatchers: a remake that doesn't just update the story—it infects it with urban dread, groupthink, and that soul-freezing “everyone's in on it” feeling.Dec 26, 1973 — The Exorcist: a cultural shockwave that rewired horror, from possession tropes to the way films build slow-burn dread.Dec 28, 1957 — The Mysterians: classic retro sci-fi with a giant-robot punch of Cold War weirdness.Plus: horror birthdays (Blair Witch vibes, scream queens, and silent-era legends), and a weekly recommendation that pairs perfectly with a second “high school is hell” watch.Where to watch (U.S.)The Faculty (1998): Tubi (free w/ ads), The Roku Channel (free), Paramount+ (subscription).The Exorcist (1973): Rent on Amazon Prime, Apple TV, Fandango at Home (episode also notes it's not streaming free / not included with subscription right now).The Mysterians / Earth Defense Force (1957): Criterion Channel (membership) — the episode says this is the current option.Invasion of the Body Snatchers (1978): Tubi (free w/ ads), Pluto, Plex; rent on Fandango at Home and Apple TV; also mentioned: Amazon Prime (subscription).Aspire — grab the exclusive discount: Aspiredrinks.com and use promo code SPOOKY for 20% off.

We cut the streaming cord the Linux way with free, legal internet TV you can curate, DVR, and self-host via Jellyfin or Plex. Then, we talk COSMIC stable with System76's CEO.Sponsored By:Managed Nebula: Meet Managed Nebula from Defined Networking. A decentralized VPN built on the open-source Nebula platform that we love. 1Password Extended Access Management: 1Password Extended Access Management is a device trust solution for companies with Okta, and they ensure that if a device isn't trusted and secure, it can't log into your cloud apps. CrowdHealth: Discover a Better Way to Pay for Healthcare with Crowdfunded Memberships. Join CrowdHealth to get started today for $99 for your first three months using UNPLUGGED.Unraid: A powerful, easy operating system for servers and storage. Maximize your hardware with unmatched flexibility. Support LINUX UnpluggedLinks:

Alex Kretzschmar joins Adam for a trip down the Linux rabbit hole -- Docker vs Podman, building a Kubernetes cluster, ZFS backups with zfs.rent, bootc, favorite Linux distros, new homelab tools built with AI, self-hosting Immich, content creation, Plex and Jellyfin, the future of piracy and more.

Tired of losing track of shows or playing hide-and-seek with your next binge-watch? Discover unexpected tricks, overlooked apps, and candid talk about making sense of the ever-messy world of streaming from the comfort of your Apple device. Tracking what you watch using Apple TV's Up Next queue Apple TV integration tips, Netflix limitations, and notification quirks iPhone vs. iPad vs. Mac Apple TV app differences and channel management Using JustWatch to find where content is streaming Sharing watch lists and managing subscriptions in JustWatch Pros and cons of digital media purchases versus streaming The rise of Letterboxd for movie tracking, reviews, and social sharing Trakt for custom watchlists, Plex integration, and episode calendars Apple TV "Insight" feature compared to Amazon X-Ray for cast and music info Tips for finding movies across services as content moves Feedback segment: Transloader app utility for Mac downloads App Caps: SwitchBot candle warmer and Festivitas Mac/iOS decoration app Hosts: Mikah Sargent and Rosemary Orchard Contact iOS Today at iOSToday@twit.tv. Download or subscribe to iOS Today at https://twit.tv/shows/ios-today Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord.

Tired of losing track of shows or playing hide-and-seek with your next binge-watch? Discover unexpected tricks, overlooked apps, and candid talk about making sense of the ever-messy world of streaming from the comfort of your Apple device. Tracking what you watch using Apple TV's Up Next queue Apple TV integration tips, Netflix limitations, and notification quirks iPhone vs. iPad vs. Mac Apple TV app differences and channel management Using JustWatch to find where content is streaming Sharing watch lists and managing subscriptions in JustWatch Pros and cons of digital media purchases versus streaming The rise of Letterboxd for movie tracking, reviews, and social sharing Trakt for custom watchlists, Plex integration, and episode calendars Apple TV "Insight" feature compared to Amazon X-Ray for cast and music info Tips for finding movies across services as content moves Feedback segment: Transloader app utility for Mac downloads App Caps: SwitchBot candle warmer and Festivitas Mac/iOS decoration app Hosts: Mikah Sargent and Rosemary Orchard Contact iOS Today at iOSToday@twit.tv. Download or subscribe to iOS Today at https://twit.tv/shows/ios-today Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Club TWiT members can discuss this episode and leave feedback in the Club TWiT Discord.

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  

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