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Keith breaks down why global crises, geopolitical shocks, and nonstop "doom" headlines haven't stopped stocks and real estate from reaching near all-time highs, and what that means for investors focused on inflation-resistant assets. He also discusses Memphis as a surprising cash-flow market poised to benefit from the AI boom, sharing details on an upcoming webinar with Mid South Homebuyers. Keith is joined by real estate investor and educator Jared Garfield to unpack the "Seven-Figure Solution," a strategy that combines cash-flowing rentals with tax-advantaged life insurance to create liquidity, reduce risk, and support long-term retirement income. Together, they explore how disciplined portfolio growth, smart leverage, and coordinated tax planning can help real estate investors better align their assets with their long-term financial goals. Episode Page: GetRichEducation.com/619 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 FAMILY to 66866 Join Mid South Home Buyers' one-time, free live webinar featuring Keith Weinhold on September 30 at GetRichEducation.com/MidSouth to learn how Memphis' economic expansion could create new real estate investment opportunities, and have your questions answered in real time. 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 0:02 Welcome to GRE. I'm your host Keith Weinhold. The world is about to end again. It's the economic disaster that never arrives. I'll break it down. Then you've been earning money and investing well all these years. How does it all go together? It can culminate in the seven-figure solution, it's about seeing your future today on Get Rich Education. What if I told you that one of America's strongest cash flow real estate markets is also becoming the new brains and brawn behind AI? That city is Memphis, believe it or not. And September 30th, we're going to show you why the smart money is paying attention now, along with an investing opportunity you won't want to miss. Join me, Terry Kerr and Matthew Van Horn of Mid South Homebuyers, the largest turnkey company in Memphis with more than 6,000 homes under management, for a free live webinar, the likes of which I've never done before, we're going to look at what billions in new investment could mean for jobs, housing demand, neighborhood appreciation, and your portfolio. Everyone who attends live will also get exclusive access to the best deal terms Mid South has ever offered. Reserve your free seat at getricheducation.com/midsouth again that september 30. Don't say we didn't tell you. Save your spot at getricheducation.com/midsouth. Speaker 1 1:39 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 1:55 Welcome to GRE from Kankakee, Illinois, to Cherokee, Iowa, and across 188 nations worldwide. I'm Keith Weinhold. This is Get Recid Education, and the world is about to end. Even if you survive, your portfolio surely won't. Oh, jeez. At least that's the impression you get from mass media and what I'll call the Doom Scroll Industrial Complex. Fear creates urgency. Urgency attracts eyeballs. Eyeballs attract ad dollars. And I guess that using a slogan like "everything will probably be fine" well, that's never been a great ratings strategy. Now, can what has happened since 2020. Just this cheery little sequence: COVID, then Ukraine, Israel, Gaza, tariffs, and then the war in Iran. All that just since 2020. I mean, that right there sounds less like an economic timeline and more like a movie plot, or that the world is repeatedly spinning the wheel of misfortune. Yet after all of that, what is the result? Both stocks and residential real estate are near all-time highs. Apparently, the apocalypse has been postponed yet again-at least economically speaking. Now let's zoom out and break down these threats and a few more, all just since 2020, because 2020 is the year where, of course, you had the COVID-19 pandemic, economic shutdowns, the fastest major stock bear market in history, supply chain breakdown. You saw empty shelves, and there was unprecedented government intervention from the Paycheck Protection Program to stimulus checks to mortgage loan forbearance. Then, in 2021 and 2022, you had post-COVID inflation and supply shortages. Now, this was more of a result, not strictly geopolitical, but a major investment threat, and that led to aggressive interest rate hikes. From 2022 to the present, you have Russia's invasion of Ukraine, energy and food shocks came from that, sanctions, instability over in Europe, and really a heightened nuclear risk in 2023. You had the U.S. regional banking crisis. Remember SVB, yes, Silicon Valley Bank, Signature Bank, First Republic. They raised fears of a financial contagion that would spread like fat. Than a secret in a small town, it actually made me buy some gold. From 2023 to the present, you had the Israel-Hamas war and this broad Middle East instability, Hezbollah attacks, Houthi attacks, Red Sea shipping disruptions. It's almost like a geopolitical group project. And then from 2025 to the present, you have renewed U.S. tariffs and a global trade war, and this year you have the U.S.-Israeli war with Iran and the Strait of Hormuz disruption. That is the biggest current geopolitical investment threat because it combines all of these things: war, oil disruption, inflation, higher interest rates, and a recession risk. So it's a lot like this particularly unpleasant smoothie that's been blended together. Keith Weinhold 5:55 All right. Well, all of that-that is just an absurd amount of uncertainty and disruption only since 2020, and though major markets are at all-time highs in the face of this, let's acknowledge that some were hurt here, like apartment building owners vulnerable to interest rate resets, and certain commercial sectors like office. Even worse, let's be sensitive to the fact that COVID in wars have resulted in a real loss of life. GRE's enduring strategy of primarily owning long-term residential rentals with fixed-rate debt has been comparatively really resilient. In fact, these calamities-they probably made you better off from the inflation that it has spurred. More people work from home. Well, that means that they're consuming our product while higher inflation debased our debt and jacked up our property values and our rents. And you know somehow every. single generation thinks that their collection of crises is uniquely terrifying, and it is not. And what do I mean by this? Well, in the 1980s, people feared war with the Soviet Union, the Cold War. A global population explosion so bad that millions or billions of people would surely die from hunger. You had the AIDS crisis. You had a hole in the ozone layer. Well, all those things. Virtually zero investors make decisions based on that stuff: an imminent Soviet attack or mass starvation from overpopulation. There is one thing that is 100% certain here, and that is that more shocks are coming. In case you don't want to sleep well, you can get worked up over the certainty of future calamities, artificial intelligence is making cyber attacks faster and more scalable. AI has even created entirely novel viruses. A confrontation between China and Taiwan that could create risk in the semiconductor space. Keith Weinhold 8:18 A blockade that might disrupt the world's advanced chip supply, creating more inflation and more uncertainty. Here is what's changed, though, for what investors care about. You know what has changed with today's set of calamities versus those of the 1980s and earlier, because there is something, and it's a big deal for investors. Here's what's changed: recent history shows that the government does more to intervene during disasters, stimulus checks, liquidity programs where they're printing trillions, bailouts, pushing interest rates down to almost zero, quantitative easing. How about a foreclosure moratorium? Anything you know during COVID, it was a lot of these things, and it was the CARES Act, and it was a student loan payment pause. I mean, the Federal Reserve even set up emergency credit facilities. We now know that when the economic building catches fire, policymakers they rarely stand around admiring the flames. They just flood the place with currency. So the best investors they keep prudently building real estate portfolios in the face of risk, not the absence of risk, because the latter does not exist. This incessant government intervention, whether you agree with it or not, it gives you more safety cushions the next time that things fall apart. That's why what appears risk. Is still risky, but less so. So there is more incentive to take on prudent risk than I've ever seen. You know, no politician wants America to fall apart under their watch. So increasingly, they'll just paper over the problem by printing, printing, printing, and then, therefore, the resultant inflation, the consequence of this, that can be dealt with under the next president's watch, not theirs. In fact, future calamities they almost make you want to own scarce real assets that benefit from inflation, not a hedge, a benefit. Trying to time every war, election, banking crisis, tariff announcement, virus, and Fed decision. Trying to time all of those things-that is usually ineffective. You either own more assets, or you get left behind in everything that's happened since 2020. That just underscores this. In fact, Berkshire Hathaway, the closely watched company that Warren Buffett ran for a long time, but he still has influence in. Keith Weinhold 11:16 You know, they recently began moving out of cash and into assets, they ended their long net selling stretch. In fact, in the latest quarter ended, they've now done the most buying that they've done since early 2022. They have jumped back in the game. It appears that Berkshire Hathaway got tired of sitting on the sidelines and seeing others make gains, and they're pretty bullish on housing too. They bought a home builder. The bottom line here is that shocks are going to keep arriving, and yet productive assets and well-financed residential real estate has repeatedly survived them and just continued appreciating. Don't wait for a risk-free world because you'll wait forever. When you evaluate all these calamities, just since 2020, again, COVID, Ukraine, Israel, Gaza, tariffs, and war in Iran, and then you realize that both real estate and stocks are near all-time highs anyway, and the government keeps backstopping asset owners like never before. This is just a fresh angle on how much better off you are when you prudently own more inflation-benefiting assets sooner. I want to tell you about something called the seven-figure solution. You've been here listening to me weekly since 2014. You've been earning money. You've been investing well, and now you're going to see how it all goes together. It's about making sure that your real estate and your other assets appropriately fund your retirement in a way that gives you protection against market downturns, a tax advantage pool of liquidity, the death benefit of a life insurance policy, and actually introduces you to a new form of leverage all at the same time. Now the liquidity here is key because this is where a 401(k) or IRA limit you, they have taxes and penalties if you want to use those funds early. This doesn't, but the seven-figure solution-it's not just for retirees. In fact, our own in-house investment coach Narayish uses something like this, and he is in his 30s. Let's discuss it, and then you'll see where I have an invitation for you, where you can get involved. I'd like to welcome in a guest we last had on the show a few years ago. Keith Weinhold 13:54 He's a frequent guest on popular shows, including our friends over at the Real Estate Guys Radio Show, and this guest has also been a terrestrial radio show host himself. He's a long-time real estate educator and an active investor, just like you and I. So he speaks from experience and not a textbook. He's the creator of what we'll discuss today, called the Seven Figure Solution. Welcome back to the show, Jared Garfield. Jared Garfield 14:21 Hey, it's great to be with you again. Thanks for having me. Keith Weinhold 14:25 It's so good. Now you're with the Haven Bridge Group, and you help people, especially real estate investors, with what's called the seven-figure solution. Tell us about it. Jared Garfield 14:37 it. Well, Haven Bridge, we get the name for that because people are really looking for a haven of safety, and the bridge is kind of what crosses the gaps that could kind of destroy your wealth, and it's the path to get there. So we want to take people on a path to safety, and the seven-figure solution is the idea that if you're going to be drawing out even 4% per year to not outlive your money, because people are living now. To 8590, 95 years old, and so that means you could have 35 years in retirement. And with inflation and different things like that, you really have to have a lot bigger nest egg than what most people realize. So a seven-figure solution is how to get to more than a million dollars liquid that you can draw on in a tax advantaged manner for the rest of your life, while also having living benefits. And we pull real estate in with it because we want people to have 10 or 15 or 20 rental properties by the time they retired. That they 1031 exchange regularly, so that they're always keeping tax advantages. So that even in retirement you have strong tax advantages, and ultimately we think that when you're 65 or 70, you might want to go from 30 single-family houses to 1031 exchange into one institutional asset that's a little bit less management intensive. Keith Weinhold 15:57 Okay, so this is a tax advantage vehicle that real estate investors can use during their investing career, and those tax advantages then really convert into something that you can use in retirement as well. Jared Garfield 16:11 Yes, what it does is it's a vehicle that instead of saving the money from your cash flow from your rental properties in the bank, we say, well, why wouldn't you rather invest in something where it grows tax-free, number one, and then number two, you don't have the penalties like you would with a 401k, where you get taxed and you get penalized 10% if you pull it out. It's liquid, usually about 80 to 90% liquid, so you can pull from it whenever you like, and you can use it for down payments to grow your real estate portfolio. But you can earn sometimes between five and even seven or 8% in a tax advantaged manner where you're not taxed on it, but you're earning a much higher return than if you put the cash flow into a bank. Keith Weinhold 16:51 All right, so you're building this tax advantage pool of capital that grows over time, and this is important to have some liquidity. You know, Jared, I've often talked to our audience, about three to 5% of your portfolio value ought to be kept liquid. Maybe with a vehicle like this, you would want to put in more of that because real estate investors we have expenses, so you have this liquidity to cover things like vacancies and major repairs, or perhaps you could even use this account for future down payments on additional investment properties. Is that how it's utilized? Jared Garfield 17:27 Yeah, absolutely. And I get it partially this way because in my early 20s, I got up to where I had about six rentals, and at the time, I also owned a real estate brokerage, and I was doing very well. I was making a six-figure income and things. And what happened is, I back when a Keith Weinhold 17:41 six-figure income was a big deal. Jared Garfield 17:43 Yeah, back in the early 2000s, it was a little bit better money. But the funny thing was, I had four rental properties that all went vacant at the same exact time, and so now all of a sudden, I was paying like 4500 bucks a month in mortgages, not counting the house I lived in, but I had to cover four mortgages on four of my rental properties all at the same time, and I hadn't saved the cash flow, so I didn't have a huge emergency fund. All my liquid capital went into down payments and into renovation money to rehab the properties. Okay, and so it put me in a real bind, and I was out driving a Volvo S80 around throwing two paper routes in the mornings, and then going to my real estate brokerage after my paper routes to cover those rental properties. And so this was basically meant as a way to say, okay, this is a way that I have the liquidity. I'm getting a higher return, but now my tenants are not only buying me the houses, but they're also giving me a couple million dollars in life insurance, and they're wrapping my investment component or the cash value of that, the cash value part of the policy. They're wrapping that in a way that it grows tax-free, so it just accomplishes a lot of things. But the other thing that's a beautiful thing about it is there's a lot of things that we call living benefits. Keith Weinhold 19:02 All right, so you have the living benefits and the tax advantages, and I know how you have pointed out that this can save an investor 10s of 1000s of dollars in taxes per year and hundreds of 1000s or more over time. Can you tell us more about that? Jared Garfield 19:20 Yeah, because what happens is the money that goes in is growing tax-free, so you don't get taxed on any of the growth. But what we really like about it is, let's say that you're cash-flowing $2,000 a month off your rental properties, and you're putting 2000 a month into this policy. Usually, after the first year, if you're max funding, 80 to 90% of that's liquid. So if you've got 24,000 sitting in there, you've got access to 89 to 90% of the money. So it's pretty liquid. But what happens is over a 20 or 30 year period, that money could turn into three or 400,000 a year that you can pull out in the form of policy loans. And by doing that, it's not taxed. And you can pull that out throughout your retirement tax-free. So if you were paying 25% in taxes and you're pulling out 200 grand a year, that's $50,000 a year in retirement that you're saving in taxes. But that could be over a 20 or 30-year period. So over 20 years, that 50,000 could end up being a lot of money. I mean, 500,000 over 10 years, a million over 20, and so that means you don't have to accumulate as much. But a lot of our investors love it because they'll save it up with discipline, and then that way it's there if the furnace blows. So it makes your real estate safer, but it also becomes your down payment funds to expand your portfolio. Keith Weinhold 20:40 Okay, the seven-figure solution is the vehicle that we're talking about here, and what part of the IRS code, just briefly, is it that gives this tax advantage? Jared Garfield 20:51 It's Internal Revenue Code Section 79 that allows it to grow tax-free. In the 1980 s, doctors and a lot of very wealthy people were using this to the point that IRS changed the laws. They went and sued the insurance companies because doctors would go in and dump $2 million in, and they would buy a $2 million life insurance policy. So they were self-insured, which meant that they didn't have any cost of mortality on it. So they basically got all the benefits of the tax-free growth and the tax-free pullout. And the IRS said, "Wait a minute! We think you're doing tax evasion. So what they did is they came around and they said, "We're not going to let you use this loophole anymore for the very wealthiest people to have this. So they came to a compromise, and the compromise was that if you wanted to put in 2 million, you had to maintain a corridor where there had to be a little bit higher amount of life insurance. So you might have to buy a $2.3 million policy, but then you could still dump, say, $2 million in and have all the tax advantages. It's a strategy that's been used for over 100 years by families like the Rockefellers and the Hunts and J.P. Morgan. The very wealthiest families have always used these strategies to grow and protect their wealth. Keith Weinhold 21:59 Okay, so it's a part of the tax code that allows cash value to accumulate within and be withdrawn from a life insurance policy tax-free. Jared Garfield 22:11 Correct, and it gives you living benefits, which I alluded to a minute ago. And the living benefits are if if you end up having to go through things like long-term care, disability, if you can't perform, you know certain functions for a certain period of time, chronic illness, critical illness, terminal illness. If any of those things happen to you, you can borrow against the policy and have access to money during those things that would normally decimate your wealth, because you can actually access the death benefit in advance. Keith Weinhold 22:42 Now I know a little about the six risks. Tell us about that. Jared Garfield 22:47 Well, Keith, there are six risks that all investors face regularly. The first one is inflation erosion, and that means that your purchasing power often ends up leaking out of your balance. And the balance might look fine, but inflation can eat away at it. So even if you've raised a lot of money, if inflation means that you can buy half as much five or 10 years from now, then you know your wealth isn't as big as you thought. The second is the volatility setback, and that's sequence of return risk. That means that if you retire on a bad year where things really bad, stock market drops, you could end up using your money at a time where it really weakens your wealth because it may have dropped by 50% So if you had a million, now you have a half a million, and you're spending 100,000 a year. At the end of year one, you might only have 400,000 left. So sequence of of return risks from volatility setback, tax drain. That's just the compounding cost of an uncoordinated tax picture can really be a problem, and then the next one is liquidity. If you don't have liquidity and you've locked up all your money and you can't access it until you're 59 and a half without significant taxation and 10% penalties, the liquidity lock is a problem. There's the longevity paradox. What happens if you outlive your money, you know. So living longer is a benefit, but it exposes you to where you might not have enough money to live on in your latter years. The last two are care avalanche, and that is if an unexpected health event happens at the wrong time, it could really destroy your wealth because medical costs have spiraled out of control, and then the last one is the line to land, and that's only one of the six that's really about growth. Keith Weinhold 24:28 Right, only one of the six of those was about growth. I can't stand the longevity paradox. Yeah, we think we all want to live a long time, but then it's more difficult to fund living a long time, and if you outlive everybody, nobody shows up at your funeral either. The longevity paradox-one of the six risks that the seven-figure solution can really help you with. Now, tell us more about funding it, so you can get a good cash value balance in. There, I know that one way you do it is actually with short-term rentals instead of a paycheck. Jared Garfield 25:06 We love short-term rentals, especially for our highest net worth clients, because the reason is is the bonus depreciation of the big beautiful bill. Oh, right! You could take up to like 150 or even $200,000 in year one, they take that depreciation that they used to spread out over a whole lot of years, and they make it to where if you get with your CPA and you analyze your short-term rental, you could potentially take all of the furnishings, all of the artwork, all of the dishes and things that are in the property. Sometimes they'll let you take components like the appliances, the air conditioning unit, the furnace, and they'll let you take it all in year one instead of having to line item it and spread it out over you know 27 and a half years. So what this means is, if you have a short term rental, then you you might get like 150 to 200,000 tax break in the first year on the right property, but it's better than that because instead of having to have like 750 hours to hit full-time real estate professional status, it cuts the hours that you have to have significantly down. I think it's more like 150 hours or something like that, or 300. It's like half the hours, and so you can hit the benefits of taking unlimited passive loss much easier if you have a couple of short-term rentals. Keith Weinhold 26:24 You're listening to Get Rich Education. We're talking with Jared Garfield about the seven-figure solution, something that takes some time to understand, but it can give you a tax-advantaged pool of capital that grows over time, and it also creates this overall tailwind, not just during your investor life, but then it provides tax advantaged retirement income at the same time. More on this when we come back. You're listening to Get Rich Education. I'm your host Keith Weinhold. What if you got your mortgage loans the same place I get mine? You sure can at Ridge Lending Group and MLS 42056. They provided GRE listeners with more loans than anyone because Ridge specializes in investment property. They'll help you build a long-term plan for growing your real estate empire with leverage. Start your prequal and even chat directly with President Caeli Ridge while it's on your mind. Start at ridgelendinggroup.com, that's ridgelendinggroup.com. Keith Weinhold 27:25 Let me ask you something: If you've worked hard to build wealth, is your money positioned to actually support your goals? A lot of accredited investors leave capital sitting in cash because it feels safe, but inflation and missed income opportunities can quietly erode its value. Freedom Family Investments offers freedom notes for investors seeking structured income backed by real estate. It's a straightforward approach built on real assets, not speculation. And full disclosure, I'm an investor myself. What I like is that their team walks you through how it all works, so you can decide if it aligns with your portfolio and income goals. Every investment carries risk, and nothing is guaranteed. But with a track record of consistent, on-time investor payouts, they built real credibility. Go to freedomfamilyinvestments.com to book a clarity call, or text family to 66866. That's family 266866. This is the Speaker 2 28:28 Real Wealth Network's Kathy Betke, and you are listening to the Always Valuable Get Rich Education with Keith Weinhold. Keith Weinhold 28:46 Welcome back to Get Rich Education. I'm your host Keith Weinhold. We're talking about the seven-figure solution with Jared Garfield. Something that can be a particular benefit to real estate investors both during your investing career and then once you're in retirement as well, and this can take the form of either an indexed universal life policy or a whole life policy. There are a lot of wrong ways to do this and wrong things to get into. We're talking about the right way. Part of that is funding it as best you can. Can you tell us more about that? Jared Garfield 29:20 Well, there's a lot of different ways to fund it. A lot of our clients will come in. We have some people who will use rollovers if they're nearing the end of retirement. Some people will roll over a 401k into a cash value life insurance policy because they can do it over a five or seven year period, and they pay the taxes when they roll it over, so their taxes go up a little bit for five or seven years of retirement, but then what happens is that means that during their retirement they're not taxed on the income all the way through retirement, so that can save really significantly. But a lot of our clients will do a flip and dump 40 or 50,000 a year in by just saying I'm going to do one flip a year and use that to. Fund the whole thing, or they'll take the cash flow and dump the cash flow into here instead of the bank, just so that they get the living benefits and they get the much higher return with still 80 to 90% liquidity. So could be cash flow from rentals, could be money from a flip, or sometimes some of these short-term rentals can make 20 to $30,000 a year, and if you get $100,000 tax break, you have more money that's not going to Uncle Sam, and then because that's your discretionary income now, because of the tax break, you could use that money to for down payments to grow your portfolio or to do a flip. Keith Weinhold 30:35 Now, Jared, I sort of think of the cash value that you're accumulating in this policy as safe money that grows at a slow to moderate steady rate, but if it rarely or ever loses value, can you tell us more about that and the rate of return expected in the policy? Jared Garfield 30:52 Yeah, absolutely. With the IULs, it's going to depend a little bit upon the carriers and stuff like that, and whether you go with a mutual company and stuff like that. It can vary, but a lot of times people are going with things that are what we call indexed. So you can actually index it to the S and p5 100 if you think that we're going to have a bull market and the market's going to really go up strongly. You can index it to the market, and sometimes they'll have a participation rate where they'll say, "Okay, you can participate up to 12% So if the stock market does 17% the most you can make is 12% So you're giving up a little bit of upside, but that's still not nothing. I mean, that's not three or 4% You can still make you know 10 or 12% that year, but you're giving up the part above the participation rate. And the reason that you do that is if the market tanks and drops by 30 or 40% The worst you can do is 0% return. Zero is my hero because you didn't lose anything. So if you had a half a million sitting there, you don't go down to 250 and then wait eight years to get back to break even. Instead, you're still at half a million. And if the market goes up next year by 20% and you had a 10% cap. Then your half a million, you know, is now at 550,000. When everybody else, if it went up by 10% they're at half the amount that they had. Keith Weinhold 32:13 You have a story or example of how you've helped somebody with this, because I know a lot of investors that are passionate about utilizing the cash value inside an insurance policy tell us. Jared Garfield 32:28 Well, I've got one friend who's a developer, and he did like a $5 million policy. And every time he flip a subdivision or flip a house, and let's back Keith Weinhold 32:36 up. Does a $5 million policy mean that's the death benefit? Jared Garfield 32:40 Yeah, that's the death benefit. Thanks for catching that. That's the death benefit, but that also has a correlation to how much money you can dump into it. So if you have a $5 million policy, you can dump a lot more money in for the tax free growth. And the quicker you hit that death benefit amount, at that point you're self-insured, and so at that point you really don't have cost of insurance on administering the policy hardly at all, and so at that point, when you're what we call self-insured, the return on the investment becomes a lot better. But this particular developer was able to use this policy because he had so much cash value in, and if he sold a house, he'd take 40,000. If he sold 10 a year, he might take you know 400,000 and dump it into this policy, and so it made him bankable. And he was able to use the money to go out and do new subdivision developments because the bank would actually use the policy as the collateral to be able to give him loans at much lower interest rates. Keith Weinhold 33:38 That's valuable. Tell us about that. I don't want to use the wrong words here, but then effectively with this example, are you borrowing against the funds in the policy? So therefore, you can get those dollars working for you somewhere else, all while simultaneously the cash value continues to compound and grow. Sort of another form of leverage. Jared Garfield 34:01 Correct. What they basically do is they basically freeze part of the amount and say, okay, we're using this as the collateral and stuff like that to be able to do the loan. But if it grows and and makes 7% you're still making the money off of the money that's sitting in there. It's just collateralized as part of the loan. And some people will even use it to like go buy a car, like instead of buying a car and going getting a bank loan and paying 7% to the bank, they might borrow money out, go pay cash for the car from the life insurance policy loan, and pay 2% instead of 7% But they're paying it to themselves, and as long as they're paying the interest to themselves, if the money that they borrow out could potentially still earn the same money and earn 7% even though you had borrowed out. So it's doing two things for you at the same time, as long as you're paying that loan interest. But and that depends on the option that you take when you do your loan. Keith Weinhold 34:54 We love leverage around here. Leverage trumps compound interest. In so many ways. Oh, I'm really glad that you told us some more about that using the funds in more than one way at the same time. Tell us more about what it costs for the investor, the costs of setting this up, and then what some of those trade-offs are, Jared. Jared Garfield 35:18 Well, that really depends on the individual. I mean, everybody has to sit down and be able to decide what is acceptable for them. You know, a lot of times people will want to max fund the 401k that they're doing at least just to the amount that's matched. But then after that, this could be a great place instead of putting a whole bunch more money into a 401k. Some people will elect to say, "I'm going to put the matching portion into my 401k, but then I'm going to take my cash flow from my real estate and money that I could have contributed to other alternatives and put it into this because I want the liquidity. I want to be able to leverage this money and pull it out without any restrictions. That as long as I can pull out 80 to 90 percent, I could go buy a car wash, or I could invest in a business, or I could, you know, do whatever I wanted to. I could loan it to my kids for their college and make them pay me loans back to my policy. There gives you a lot of flexibility to do it. But the thing that we love about it is we'll do what's called an illustration, and it may end up if you start at the right time, it could be a six-figure passive income stream at retirement, and then if you have the real estate, because this helped you grow your portfolio, where without doing the strategy, you might have ended up with say 10 properties. We might be able to get you to 20 or 30 properties working together as a team with your real estate coaches and stuff like that. Then we can potentially grow your real estate portfolio, and what we want to do is 1031 exchange every seven to eight years. I don't believe in holding properties for 30 years. Jared Garfield 36:47 I believe in exchanging them every seven to eight years because when the tax benefits have been used up, if you exchange to twice the size portfolio, you have better appreciation on a portfolio worth twice as much. But that new value, you still get the depreciation advantages, where the old value that was half, you know, the depreciation is used up. So you're you're getting new depreciation on the higher value assets, and then our goal would be that by the time you don't want to be involved in managing the property managers, that at some point you're going to have a 200 unit apartment complex with on-site management, and at that point you don't have any financial worries really because you're 1031 exchanging into those apartment complexes, but you have so much equity that you're still maintaining depreciation during your retirement years. When most people who have lesser plans don't have the tax advantages, Keith Weinhold 37:41 I love that you said so much of that, and to you, the listener, Jared is licensed to do this, and our own in-house investment coach. You mentioned coaching. Naresh has the proper licensing as well to holistically help integrate this into your investor life. And for example, yes, we are rarely of the mindset that you would hold a property for all 30 years because after seven to 10 years, your leverage ratio gets worn down, and then additionally, if you're buying turnkey properties, oftentimes that's when capex expenditures start to enter into the picture. So yes, oftentimes we do these seven to 10 year holds. Jared Garfield 38:23 I love that. Yeah, that's a really really good strategy, and and it always makes it to where you can grow so much bigger portfolio by not being taxed through that exchange. And you know, believe it or not, there's actually even ways when you have extra cash boot, they do allow if you notify them in advance. Sometimes you can take some of the cash boot on the exchange and roll it into some of the products that we utilize. Keith Weinhold 38:47 For more specifics, I know you said it's based on one's individual situation, but how much does it cost to set up a policy? And then, are there any ongoing maintenance fees? Can you give us more specifics there? Jared Garfield 38:59 So, there's small fees to administer the policy because you have people who are trading and doing different things and working within the policy for the funds. But usually, you can set policies up as low as 100 or even $200 a month. We don't usually recommend that because you want to max fund it. Usually, when you're doing these strategies, if you're just doing $100 or $200 a month, you're basically buying life insurance, but you're missing a lot of the benefits because what you want to do is to be able to max fund it. So what we like people to do is get as minimum life insurance. That's not in our advantage because we get paid based on the premium of the amount of life insurance you get. But you get the smallest amount of life insurance for the amount that you can max fund. I would much rather have somebody get a $500 a month policy that, let's say, they could put you know a thousanmd a month in or something like that, than to have somebody get $1,000 a month policy where they're paying a thousand a month but they can't max fund it because by max funding it you're maximizing the growth component of the cash. Value, and so it depends on how much you want. But you can go anywhere from $100 or $200 a month to we have clients that will dump $20,000 a month in because they really want to shield as much money as they can from tax growth. Keith Weinhold 40:15 Tell us more about who the seven-figure solution is for and who it's not for. Jared Garfield 40:20 Well, if you're living month to month and you don't have discretionary income, it's probably not a good solution. In that situation, you probably want to get term insurance and just make sure that you cover catastrophic things. But if you've got discretionary income and you've got an extra four to $500 a month that you could use to max fund, we figure most people need life insurance anyway, and the way that we teach it, when you mix it with real estate, rather than pulling it from your monthly budget, doesn't it make a lot more sense to let your tenants buy the houses for you, but also pay for a half a million or a million dollar life insurance policy for you, where the tenants are covering the savings for anything that happens at the property with capex or vacancy or damage, and at the same time covering life insurance and potentially a six-figure passive income that's tax advantaged at retirement. So I pull the money out from other assets and let the assets cover this asset. Keith Weinhold 41:18 Oh well, Jared, this has been great. Before I ask you if you have any last things to tell the audience about the seven-figure solution, I invite you, the audience, to join us. It's going to be Jared and our own in-house investment coach, Nareesh, bringing you a live online event that you can join from the comfort of your own home next Thursday, the 27th at 8 PM Eastern. You can register now; it's free at grewebinars.com because there are a lot of moving parts, and it does take some time to wrap your head around this, benefiting from the cash value of an insurance policy. And this way you can have a Q and A, and you can get answers in real time at this event. It's called the Seven Figure Solution: Build wealth, reduce risk, and create tax advantage retirement income through real estate. Again, it is next Thursday, the 27th at 8p.m. Eastern, you probably have generated some questions inside your head while you're listening to this, and you can sure have them answered there as you're going to learn a whole lot more about it next Thursday. This could help a lot of people. Jared, do you have any last thoughts? Jared Garfield 42:38 I think the only thing is that we like to work with the team. We like to work with your CPA. We like to work with your real estate investment coach. I used to be a coach and trainer for Robert Kiyosaki, who wrote Rich Dad Poor Dad, and he always talked about power teams. And so we want to be able to be a part of your power team and work with your other advisors to help you implement something. We're not here to give you tax advice. We want you to be able to work with your investment advisors and your CPAs, and just be a part of the team. But I would point out that over my career, I've owned hundreds and hundreds of single-family cash flow rentals, duplexes, fourplexes, apartment complexes. I've done some land development, and I implement these strategies myself. I had 17 Airbnbs, and so these are the strategies that I implemented as a full-time real estate professional. I felt like that this strategy of having a seven-figure solution could help you to avoid some of the pitfalls that I experienced in my 20s. Keith Weinhold 43:32 So much all comes together for one pretty comprehensive solution. It's the intersection of growing your portfolio, getting tax advantages and having the death benefits of insurance and more all coming together next Thursday, so that you can learn more. Jared, it's been great having you back on the show. Jared Garfield 43:52 Thanks, Keith. Always glad to join you. Keith Weinhold 44:00 Integrate the seven-figure solution the GRE way, where we have this conscientiousness about leverage and cash flow. In this case, it's how to prudently leverage a life insurance policy. When it's time to tap your cash value, you take what is a policy loan, not a withdrawal, because you're borrowing against your cash value, hence using the funds in more than one place, and the IRS does not tax loan proceeds. This reminds me of a billionaire and how they borrow against the value of their stock. That way, they don't have to sell their assets. This is similar to what you can do with this. Another thing is that you know real estate investors are not used to a volatile ride because our asset values stay stable. You heard Jared mention the acronym IUL there. That's an indexed universal life policy. It's a real benefit. That says you tie yours to the S and P five hundred. Well, that index was down 18% in 2022, and that your cash value can have an upside ceiling and loss protection on the downside-an option that you'll care more about as you get toward retirement. In 2008, the S&P was down 37% so the math is cruel on value losses. In fact, it's even worse than it sounds because if you're down 30%, then you need a 43% gain just to get back to even. That is just math. Keith Weinhold 45:39 There are some mistakes to avoid here, and you don't just want to set up your seven-figure solution off of a website. And it is based on products that you might have heard of from companies like Nationwide and Mass Mutual. I strongly encourage you learn more, see how it all goes together, learn how the seven-figure solution compares to other vehicles like a Roth IRA, 401k, 721 exchange, and 1031 exchange. This is very much about seeing your future. You've been listening to me here every week for almost 12 years, earning money from your day job, building your real estate portfolio, either from our investment coaching or on your own. This is how it all goes together. Next week with Jared and GRE investment coach Naresh. By attending live, you can have your questions answered in real time. One last time, you can sign up for the event for next Thursday, the 27th at 8 PM. Eastern, 5 PM. Pacific. Learn about something that's potentially really valuable to you: the seven-figure solution at grewebinars.com. Until next week, I'm your host Keith Weinhold. Don't quit your daydream. Speaker 2 46:59 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 47:26 The preceding program was brought to you by your home for wealth building, getricheducation.com
Get my new book: https://bronsonequity.com/fireyourselfDownload my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflationThis webinar replay from the Mailbox Money Show features Bronson Hill moderating an expert panel on real estate opportunities heading into 2026. The discussion covers current market conditions, distress in multifamily, demographic tailwinds in senior housing, AI's impact on jobs and investing, and why 2026 could offer one of the strongest setups for cash-flowing real estate despite recent investor pain.Ken McElroy — Founder of MC Companies and a nationally recognized multifamily syndicator, educator, and author. With decades of experience scaling portfolios and mentoring investors, Ken is known for his focus on operational excellence, market-cycle timing, and creative cash-flow strategies across multifamily and alternative assets.Kathy Fettke — Real estate investor, educator, and host of the Real Wealth Show podcast. As a key figure at Real Wealth Network, Kathy specializes in helping everyday investors build wealth through rental properties, build-to-rent communities, short-term rentals, private lending, and creative affordability solutions.Rod Khleif — Multifamily syndication expert, podcast host of Lifetime Cash Flow Through Real Estate Investing, and mentor to students who collectively control over 300,000 units. Rod is passionate about mindset, operational turnarounds, senior housing, and identifying high-probability opportunities in distressed and emerging asset classes.TIMESTAMPS0:41 - Episode Overview1:47 - Panelist Introductions: Kathy Fettke, Ken McElroy, Rod Khleif3:20 - Kathy Fettke: Strong GDP & Potential Rate Pressure4:46 - Ken McElroy: Trump Policies Driving Rates Down & Affordability7:06 - Rod Khleif: AI Job Disruption & Multifamily Distress8:37 - Rod Khleif: Multifamily Distress & Operational Excellence10:20 - Audience Poll: Investing in Real Estate Now11:06 - Kathy Fettke: Opportunities in Distress & Solving Housing Shortage14:19 - Ken McElroy: Fundamentals of Cash Flow & Conservative Underwriting19:37 - Rod Khleif: Smaller Multifamily & Senior Housing Opportunities22:48 - Ken McElroy: Billboards for Bonus Depreciation & Recurring Revenue24:06 - Rod Khleif: Diversifying into Senior Housing & Business Acquisitions27:52 - Kathy Fettke: Short-Term Rentals, Build-to-Rent & Lending29:34 - Rod Khleif: Roll-Ups & Opportunity Zones for Capital Gains32:23 - AI Skills & Reinvention for Future-Proofing34:45 - AI Impact on Real Estate & Landlord Resilience37:05 - Kathy Fettke: AI as Management Tool & Passive Income Hedge39:02 - Ken McElroy: Doubling Business with AI While Keeping Staff41:21 - Billboards Sourcing & Zoning44:34 - Opportunity Zones Location & New Rules46:59 - Upcoming Panels & Resources52:03 - Panelist Contact & ResourcesJoint the Wealth Forum: bronsonequity.com/wealthConnect with the Guests:Ken McElroy:Website: kenmcelroy.comKathy Fettke:Website: realwealth.comPodcast: The Real Wealth ShowPodcast 2: Real Estate News for Investors PodcastRod Khleif:Website: rodslinks.com#RealEstate2026#MultifamilyInvesting#PassiveIncome#OpportunityZones#SeniorHousing#AIinBusiness#MarketOpportunities
On this episode of Next Level CRE, Matt Faircloth interviews Kathy Fettke, co-founder of Real Wealth Network and host of The Real Wealth Show. Kathy shares her colorful journey from talent agency owner to newscaster, and eventually to full-time real estate investor and educator. She recounts how a cancer scare in her family spurred her pivot to learning about passive income and real estate, leading to the creation of one of the earliest turnkey investment models. Kathy and Matt also dive deep into current market conditions, discussing interest rates, multifamily opportunities, and why she's bullish on overlooked Midwest markets like Indianapolis and Milwaukee. Kathy Fettke Current role: Co-CEO, Real Wealth Network Based in: Malibu, California Say hi to them at: https://realwealth.com or on her podcast The Real Wealth Show Visit investwithsunrise.com to learn more about investment opportunities. Get 50% Off Monarch Money, the all-in-one financial tool at www.monarchmoney.com with code BESTEVER Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Clint Coons, Esq., interviews Kathy Fettke, founder of Real Wealth Network and a seasoned real estate expert with over 20 years of experience. They discuss current market conditions, with Kathy explaining how real estate's slow-moving nature provides stability compared to the volatile stock market. She shares that recent decreases in mortgage rates have already increased pending sales and mortgage applications. Kathy reveals her top investment markets, emphasizing the Southeast (particularly Texas and Florida) for growth and appreciation, while the Midwest (parts of Ohio and Indianapolis) offers better cash flow. She explains the importance of property type selection, market dynamics, and long-term strategy, highlighting how newer properties in growth markets typically outperform older properties in stagnant markets, even if the latter initially show better cash flow. Kathy also discusses the current opportunity with builders offering rate buy-downs on new construction, property management considerations, and the importance of avoiding markets with unfavorable landlord laws. This episode provides valuable insights for both new and experienced real estate investors looking to build wealth through strategic property acquisition. Kathy Fettke is Co-Founder of RealWealth.com, helping busy professionals acquire turnkey rental properties in fast-growing U.S. markets. She also leads RealWealthDevelopments.com, offering passive build-to-rent syndication opportunities. Kathy hosts The Real Wealth Show and Real Estate News for Investors podcasts, and co-hosts BiggerPockets: On the Market. She authored the bestsellers Retire Rich with Rentals and Scaling Smart with her husband, Rich Fettke. A frequent speaker and media guest, Kathy has appeared on CNN, CNBC, Fox News, NPR, and CBS MarketWatch. Highlights/Topics: Current real estate market conditions and mortgage rate sensitivity Top investment markets: Southeast for growth vs. Midwest for cash flow Importance of property condition in investment returns (newer vs. older properties) The danger of focusing solely on cash flow without considering long-term appreciation Current opportunity with builders offering interest rate buy-downs Millennial demographic demand driving rental housing needs The importance of proper property management selection Avoiding markets with unfavorable landlord-tenant laws Long-term vs. short-term real estate investment strategies Closing comments, final words of advice Resources: Real Wealth Real Wealth Developments https://realwealth.com/real-estate-syndications/ https://www.instagram.com/realwealth/ https://www.instagram.com/kathyfettke/ Schedule Your FREE Consultation https://aba.link/RWN42025SS Tax and Asset Protection Events https://aba.link/RWN42025TAP Anderson Advisors https://andersonadvisors.com/ Anderson Advisors Podcast https://andersonadvisors.com/podcast/ Clint Coons YouTube https://www.youtube.com/channel/UC5GX-U6VbvMkhSM1ONBiW8w
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this conversation, Grant Anderson shares his extensive experience in the real estate market, focusing on property management, investment strategies, and the BRRRR strategy. He emphasizes the importance of having a reliable property management team, especially for out-of-state investors, and discusses how Real Wealth supports its members in navigating the complexities of real estate investing. Grant also reflects on his personal journey in real estate, highlighting the lessons learned and the systems developed to ensure success in the industry. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
In Episode 54 of the Inspired Money Live Stream Podcast, we focus on real estate as a pathway to wealth-building. Our expert panel, including Kathy Fettke, a rental property strategist, Joseph Gozlan, a multifamily investment specialist, Dana Dunford, a property management innovator, and Rob Abasolo, a short-term rental expert, shares valuable strategies for success. This episode covers essential aspects like financing, market research, and legal considerations, offering practical advice for both novice and experienced investors. Understanding Real Estate as a Wealth-Building Tool Real estate is increasingly recognized as a reliable asset class for income generation and wealth growth. Unlike stocks, it provides tangible, income-producing assets and acts as a hedge against inflation. The episode offers perspectives on diverse real estate investment types, including long-term rentals, short-term properties, and REITs, making it relevant to a broad range of investment goals.
Join Nick Lamagna on The A Game Podcast with our guest and Sub2 expert Jeremy Davis. He is a Real Estate investor, wholesaler, consultant and entrepreneur who was a massive piece of the success as the regional Director behind the sub2 movement with friend of the show Pace Morby. Coming from a background in serving food to cashing checks, building equity and giving financial advice to investors sharing his successes and failures that helped him to now help YOU! He is the VP of sales and marketing at cash quick buyers overcoming all kinds of adversity including a near fatal motorcycle accident and pharmaceutical addiction going from disability to determination for financial Independence. He is on an anti-uneducated agent crusade to show the truth and possibilities In real estate investing and creative finance Topics for this episode include: ✅ Explanation of A SUBJECT TO Real Estate Deal ✅ Is A SUBJECT TO Real Estate Deal Illegal? ✅ When do you have to worry about the due on sale clause? ✅ How do you get insurance on a subject to real estate deal? ✅ Can you pull money out of a subject to real estate deal ✅ Top things to do immediately when closing a subject to deal + More See the show notes to connect with all things Jeremy! Connect with Jeremy Davis: Jeremy Davis on Instagram Jeremy Davis on Facebook Jeremy Davis on Youtube Jeremy Davis on TikTok Connect with Cash Quick Investor : cashquickinvestor.com Cash Quick Buyers on Facebook Quick Cash Buyers on Instagram --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers
In this episode, we're joined by Kathy and Rich Fettke, co-founders of Real Wealth, to discuss the current state of the real estate market and how investors can find opportunities even in today's challenging environment. With decades of experience helping thousands of investors build wealth through real estate, Kathy and Rich share their insights on market trends, the best strategies for investing now, and how to adapt to economic shifts. Whether you're a seasoned investor or just starting, this episode is packed with actionable advice to help you navigate today's market with confidence and clarity. Tune in to learn how to make smart real estate decisions and build wealth, no matter the market conditions. Check out more from Kathy and Rich at Real Wealth. RESOURCESDo you need financing for your next home or investment property purchase? Click HERE to schedule a pressure free consultation call with our personal mortgage lender Travis David of CMG Home Loans. He will help assess your current situation and will work with you to map out a plan for the future! ** Looking to buy real estate WITHOUT bank loans, credit, or significant cash? Click HERE to schedule a call with creative finance coaches Jenn and Joe DelleFave. **Click HERE to download Backflip, the all-in-one app for real estate investors. Backflip allows you to analyze deals, run comps and even apply for loans in seconds. The best part is, it's FREE.**If you enjoy the show, please leave us a review on Apple Podcasts or Spotify! It takes less than a minute and makes a huge difference in helping us land high profile guests to best serve our audience. Previous Guests Include:Brandon Turner, Tarek El-Moussa, David Greene, Tony J. Robinson, Mike Ayala, Jamie Gruber, Robert Croak, Mark Simpson, Chad “Coach” Carson, Heather Blankenship, Tim Bratz, J. Scott, Matt Faircloth, Michael Elefante, Devon Kennard, Paula Pant, Jake Harris, and Avery CarlSocial Channels:Instagram: instagram.com/wealthjuiceofficialYouTube: youtube.com/@wealthjuiceofficial**Disclaimer: The information provided on this podcast is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up to date. Financial markets and investments carry inherent risks. Individuals should conduct their own research and seek certified professional advice before making any financial decisions. The links in the episode descriptions may include referral or affiliate commissions, and we may receive compensation from partner websites.
What does it take to establish a multimillion-dollar real estate portfolio while remaining faithful to life's most important values? In this episode of Invest2FI, Craig Curelop speaks with Rich and Kathy Fettke, the power couple behind Real Wealth Network, one of the most respected real estate investing teams. Rich, a former extreme sports athlete and author, brings endurance and mindset training to their investing journey, while Kathy, an accomplished real estate expert and podcast host, contributes financial insights and a people-first approach. They've helped numerous investors build money with sensible, sustainable real estate methods. Their story, from experiencing life-changing hardships to achieving financial freedom, is packed with concrete ideas for investors at all stages. Tune in to discover their finest tips on choosing markets, automating processes, and making real estate investing work for your lifestyle. PODCAST HIGHLIGHT: [0:04] Rich and Kathy Fettke share their backgrounds and how they ventured into real estate investing [1:10] Rich opens up about his battle with melanoma and how it shifted his focus to passive income [04:50] Kathy discusses her game-changing interview with Robert Kiyosaki and how it shaped their strategy [09:20] The couple reflects on their early real estate days and their first investment in Texas [15:45] How a strong mindset supported their transition from active to passive income [18:30] Insights into selecting the right markets, including population growth and affordability factors [25:12] Building a global real estate community of 77,000 members, from teleseminars to podcasts [29:45] Scaling their business by automating real estate operations to achieve freedom and growth [34:22] Adopting the "small and mighty investor" mentality with a focus on quality investments [40:15] Real-life success stories from the Fettkes' network of investors [48:20] Aligning investment strategies with personal goals for sustainable growth [51:30] The role of coaches and mentors in expanding their real estate ventures HostCraig Curelop
Rich and Kathy Fettke are both active investors, and co-founders of RealWealth, a real estate investment group that helps its 60,000+ members improve their financial intelligence, secure passive income, and obtain financial freedom. To continue to serve their audience, they wrote a book on how they built their thriving business. In Scaling Smart, Rich and Kathy Fettke distill more than twenty years of business strategy into the perfect guide for entrepreneurs ready to scale a successful enterprise. Today we discuss the book and much more. Learn more about Real Wealth Network here: https://realwealth.com/ Buy Scaling Smart here: https://amzn.to/4hIMXPD --- Join the TKM Mastermind: www.thekineticman.com/signup Subscribe to our newsletter (The MENifesto): www.thekineticman.com/newsletter Join our New Kinetic Man Facebook Group: https://www.facebook.com/groups/thekineticman Know someone who would make a great guest on our podcast? Let us know! Email: takeaction@thekineticman.com
Invest Like a Billionaire - The alternative investments & strategies billionaires use to grow wealth
Kathy Fettke, a renowned real estate investment expert and co-founder of the Real Wealth Network, shares her inspiring journey from being a housewife to becoming a successful investor. She highlights the crucial role of asset ownership, macroeconomic trends, the housing market, and the Federal Reserve's interest rate policies. Explore our latest investment opportunity in Private Credit: https://aspenfunds.us/private-credit-fund/ Access our FREE Economic Report: https://www.investwithaspen.com/free-economic-report This podcast is sponsored by Aspen Funds which focuses on Private Credit, Industrial Real Estate, and Oil and Gas offerings for accredited investors: https://aspenfunds.us/ Follow Aspen Funds LinkedIn: https://www.linkedin.com/company/aspen-funds/ Instagram: https://www.instagram.com/aspenfunds/ Facebook: https://www.facebook.com/aspenfunds/ Connect with Ben Fraser on LinkedIn https://www.linkedin.com/in/benwfraser/ Connect with Kathy Fettke on LinkedIn https://www.linkedin.com/in/kathyfettke/
Join Nick Lamagna on The A Game Podcast with his guest Kathy Fettke, the Queen of real estate data and market analytics! She is an entrepreneur, real estate investor, author, business owner and podcast host! She has been featured on CNN, Fox News, the Wall Street Journal and took her background in broadcasting and working in newsrooms to now host multiple podcasts! You can hear her on the hit podcasts The Real Wealth Show and On The Market Podcast by the world famous BiggerPockets with friends of the show James Dainard and Henry Washington! She also hosts the Real Estate News For Investors show where she gives weekly updates on this ever changing and evolving rollercoaster of real estate we are in today. She now educates and coaches investors nationwide and even provides lucrative real estate opportunities in emerging marketings through her Real Wealth Community! Her and her husband Rich have used real estate to establish incredible relationships and developed a quality of life most only dream about while they enjoy the outdoors, exercise and even a morning cold plunge! Topics for this episode include: ✅ How to get a lower interest rate on your real estate ✅ The difference of active income and passive income and which to choose ✅ What to ask before you start investing in real estate ✅ Should you be doing long term or short term investments? ✅ How to get better getting out of your comfort zone ✅ Will the price of real estate keep going up + More! See the show notes to connect with all things Kathy! Connect with Kathy: Kathy Fettke on Instagram Kathy Fettke on LinkedIn Kathy Fettke on Facebook Kathy Fettke on Twitter Connect with Real Wealth : realwalth.com Real Wealth Show Podcast Real Wealth on Youtube Real Wealth on Instagram Real Wealth on LinkedIn Real Wealth on Facebook Real Wealth on Twitter Real Wealth on TikTok --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers
Join Nick Lamagna on The A Game Podcast with his guest Henry Washington the King of the Closing Table! Henry is a full time real estate investor, author, educator and podcast host! You can find him co-hosting the very popular On The Market Podcast and see tons of great content on his social media channels. A panic attack when he worked in IT triggered the need for a drastic change to his financial future and of course he found real estate investing! He is now a business owner, Entrepreneur and full time real estate investor using small banks, private money and seller financing to build a portfolio of over 100 units as well as doing flips, BRRRR deals, creative finance deals, and even mobile home parks! He has a massive toolbelt of real estate strategies he has paired with people skills to build himself a brand to feed his family for a lifetime and create an excellent reputation in the industry. He is about to release his first book published by the world famous Biggerpockets and he now helps investors find their success in real estate through his Mastermind, The Closing Table. Topics for this episode include: ✅ How to choose the best real estate strategy to invest in ✅ What are the best banks to fund real estate deals ✅ Why you should not invest in real estate alone ✅ How to handle hard conversations in business ✅ How can entrepreneurs avoid getting burned out + More! See the show notes to connect with all things Henry! Connect with Henry: henrywashington.com Henry Washington on Instagram Henry Washington on LinkedIn Henry Washington on Facebook Henry Washington on Twitter Henry Washington on Tiktok Get the book "Real Estate Deal Maker" Check out The Closing Table Mastermind Listen To On The Market Podcast: On The Market Podcast Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers
Today's Flash Back Friday episode is from #152 that originally aired on July 25, 2017. Kathy is an active real estate investor herself, with properties ranging from single family rental homes, to commercial buildings, to large land development projects. She is a licensed real estate agent and former mortgage broker, which has helped her understand and teach the power of leverage. In todays show, we're going to go behind the scenes with Kathy and explore her background as it pertains to real estate investing and if all goes as planned have you guys walk away from this show with actionable advice that you can begin applying to your business immediately. Check Kathy out @ www.RealWealthNetwork.com • Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com • Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA • Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! • Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com • Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2
Listen in as Kathy and I discuss: How Kathy, a radio show host, got involved in real estate investing over 20 years ago after her husband's cancer diagnosis How she not only survived, but thrived during the 2008 crash The story of Real Wealth Network and how it always starts with education The difference between real estate agents, investors and property managers when you're looking to buy and hold properties How what was true 20 years ago is still true today when it comes to market selection How to become a passive investor with Real Wealth's fund Why home prices aren't going to be coming down soon About Kathy Fettke Kathy specializes in teaching people how to build multi-million dollar real estate portfolios through creative finance and planning. She is passionate about researching and then sharing the most important information about real estate, market cycles and the economy. Author of the #1 best seller, Retire Rich with Rentals, Kathy is a frequent guest expert on such media as CNN, CNBC, Fox News, NPR and CBS MarketWatch. She's the host of two RealWealth podcasts, The Real Wealth Show and Real Estate News for Investors, and co-host of the BiggerPockets “On the Market” podcast. How to Connect with Kathy Website: https://RealWealth.com Website: https://www.GrowDevelopments.com YouTube: https://www.youtube.com/channel/UCx1MQOkwKedZ0TeFFoDEFqQ LinkedIn: https://www.linkedin.com/in/kathyfettke/ Facebook: https://www.facebook.com/kathyfettkeofficial Instagram: https://www.instagram.com/kathyfettke/ Twitter (X): https://www.twitter.com/kathyfettke Podcast: https://d3f259a8n8vf68.cloudfront.net/images/style/icons/v5.0/Apple-Podcast-1.png?w=71 Recommended Resources Retire Rich with Rentals by Kathy Fettke
"Understand what you are trying to achieve and stick with it because it's easy to get distracted."In this episode of Profit First for REI podcast, we have Kathy Fettke. She is the CEO and Co-Founder of Real Wealth Network and the host of The Real Wealth Show. Kathy is a real estate investor, licensed Realtor, and a certified coach who will give you great information into the wholesale flip-side and the passive side. She also talks about her journey into the passive side of investing. Enjoy the show!Key Takeaways:[00:52] Introducing Kathy Fettke[02:20] Start of Kathy's real estate investing journey[03:54] Her first property[06:37] Understanding the power of leverage and where to use that leverage[10:11] Over leveraged[13:06] What goes on today with Real Wealth?[15:16] Kathy's advice for first-time real estate investors[21:13] Learn and understand investment[24:04] Connect with Kathy FettkeQuotes:[02:55] "Saving the 10% in investment and 10% in emergency savings, you could blow that quickly in an emergency. I wanted to be with my family and have a passive income where money still comes in and you are not working."[08:56] "It's hard to fail when you know your stuff. It is easy to fail when you don't because that's when you trust people whom you think, do know."[15:27] "Where you start is figuring out what you need."Connect with Kathy:Website: https://realwealth.com/ Tired of living deal to deal? If you are a real estate investor or business owner who is tired of living deal to deal and want to double your profits, head over here to book your no-obligation discovery call with me. Either myself or someone from my team will hop on a short call with you to get clear on your business goals, remove any obstacles holding you back, and map out a game plan to help you finally start keeping more of the money you work so hard to make. - David
In this episode, we sit down with Kathy Fettke, the mind behind Real Wealth Network, host of The Real Wealth Show, and author of "Retire Rich with Rentals." Join us as Kathy tells us the intricacies of partnerships with spouses in the business world, shedding light on the benefits and challenges that come with running a business with your partner. Kathy shares her journey in real estate investment, recounting the evolution of a small venture into a significant success, all while working closely with her husband. Learn how their partnership turned into a powerhouse duo in the real estate realm and the valuable lessons they picked up along the way. Tune in for an inspiring conversation that explores the trials, triumphs, and strategies Kathy employed to navigate the complexities of balancing business with love.
Hit your settings and auto-download our podcast!In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Kathy Fettke, a prominent real estate investor and co-CEO of the Real Wealth Network. This exciting discussion delves into the dynamic world of real estate investments, particularly in the residential housing market. Here's what you can expect to hear about:Kathy provides a unique perspective on making money in real estate, with a focus on identifying problems and creating win-win solutions.The duo discusses the current state of the residential housing market, including the impacts of rising interest rates and the shift in housing demand.Kathy shares insightful information about her real estate funds, explaining how they provide a hands-off investment opportunity for busy professionals.The conversation also explores the potential risks involved in real estate investments, emphasizing the importance of understanding the market, reading investment documents carefully, and working with experienced partners.Kathy also emphasizes the importance of personal health and well-being in the context of wealth building, and shares her plans for future women's retreats aimed at empowering women in the real estate industry.The importance of due diligence, understanding the risks involved, and partnering with experienced individuals in real estate investments is also discussed.For more opportunities to learn from Kathy Fettke, follow the link below to her website and stay connected: https://realwealth.com/ Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo. You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360 Curious what my new certification is all about? Learn More Looking to connect with a rock star law firm? KKOS is only a click away! Grab my FREE Ultimate Tax Strategy Guide HERE! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!
On this episode of Passive Income Pilots, Tait and Ryan interview Rich Fettke.Rich Fettke is the co-founder of Real Wealth Network, where he oversees marketing and business development. He is a licensed real estate broker, experienced investor, and Master Certified Business Coach. Rich specializes in helping the team stay aligned and inspired to fulfill the company's purpose, mission, and values. He has been featured in media outlets such as USA Today, Entrepreneur Magazine, and the Wall Street Journal. He is also an accomplished author with books like Extreme Success, Momentum, and The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life. Rich's publisher, RDA Press, lists him as a Rich Dad Author and Wealth Mindset Expert. Rich shares that he focuses on lifestyle and not just numbers, cementing the idea that financial freedom is more than just about money. He discusses the importance of balance in life and investments, the role of coaches and mentors, and the concept of financial freedom. He discusses his personal investment strategies and his unique approach to personal growth. Rich also shared insights on real estate opportunities in specific markets and their investments.Enjoy the show!Show notes:[3:06] Rich Fettke's journey into real estate investing[7:52] Rich's first deal[10:44] The importance of life balance and real wealth[13:17] Living a rich life beyond money[14:21] Balancing work and personal life[18:29] How to strike the balance[20:46] The importance of health and deep work[22:05] Setting identity-based goals and evaluating sacrifices[23:48] Aligning goals with who you want to be[27:37] What financial freedom means[31:00] Difference between retirement accounts and financial freedom[32:16] The power of coaching[36:18] The value of coaching beyond business[39:31] What Real Wealth is all about[42:50] The top 3 markets Rich is looking at and other investments[45:43] OutroLinks Mentioned:Real Estate News for Investors - https://realwealth.com/learn/real-estate-news-investors-podcast/ The Real Wealth Show - https://realwealth.com/real-wealth-show-podcast/ Connect with Rich:Website: Legal DisclaimerThe content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group.The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts.Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended.Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing....
“I want to understand this thing called passive income, but first how do you make the money and get into that mindset ? I learned wealthy people have a different mindset.” -Kathy Fettke Today I am interviewing Kathy Fettke who is the co creator of the Real Wealth Network alongside her husband Rich Fettke. Kathy is an investor, educator, and radio host who is a guest expert on platforms like CNN, Fox News, NPR, CBS, CNBC, Marketwatch and the Wall Street Journal. She is the author of a best selling book "Retire Rich with Rentals" and is also the host and creator of the podcast The Real Wealth Show with listeners in 133 countries. She has presented at my FIBI Pasadena meeting times numerous and also is a guest speaker at many others. Kathy Fettke: Began her career in broadcasting with a BA in Broadcast Communications from San Francisco State University. She worked in news media, but eventually discovered it wasn't for her. After family hardships, she went from a stay at home mom to a full time investor. She also became a certified personal coach where she educates people on creative financing as well as mindset. TOPICS COVERED IN THE EPISODE: The rights and wrongs in real estate How Kathy got started in real estate with a 1031 exchange Why mindset is the key to transformation Wealthy people have a different mindset Understanding the flow of money Are you in your own way Your mindset will set the foundation of your success The healthy benefits of journaling and meditation The importance of facing your fears How to face the next level necessary growth Do you know your other selves and the gifts they have to offer the world What is self reference Why the deeper you go a deeper understanding is required There are many ways to become wealthy and create passive income How to treat real estate like a business What is an entrepreneurs brain Do the opposite of what the headlines tell you to do Are we in a recession Understand what you are buying Listen now and find out how Kathy found her Real Estate Breakthrough! The Real Estate Breakthrough Show with Christina Suter is where we talk about the reality of real estate, the mindset you need and the tips and tricks to get you moving forward in investing. Join us every other week and learn everything you need to know to invest in real estate on Youtube, iTunes, Spotify, and more. You can watch Kathy's interview on Youtube here. Find out more about Kathy here: Website RealWealth.com Website GrowDevelopments.com
With Kathy Fettke, CEO of Real Wealth Network
Join Nick Lamagna on The A Game Podcast with his guest Eric Brewer, The King of Novations and the originator of the now famous "Brewer Method!" If you are not currently using this as a real estate investor you NEED to listen to this episode! Eric is a Military veteran who transitioned into the car business currently fighting out of Pennsylvania! After becoming a Dad, he made a decision to get out of cars and into houses originally becoming a lender and specializing in Finance he then began his journey as a real estate investor. Using the skills he acquired in his past life experiences he quickly became a rock star doing over 70 deals in his first year and now completing over 200 annually with his company Integrity Home Buyers! He is known today for for his unique approach to, "Novation Agreements" known as "The Brewer Method." which has been a massive reason why some of the biggest investors in the game have been profitable in this changing real estate market. He is one of the most well known and well respected entrepreneurs, speakers and investor in the real estate game doing everything from Turnkey properties to the BRRRRR strategy to flips, wholesaling and creative finance deals all while being a full time Dad, husband and coach! This is one for the archives to be played over and over again! Topics for this episode include: ✅ Why massive action is actually NOT the key to success ✅ How to act when someone says you cant do something ✅ What is the BEST buyers list to sell your properties for top dollars ✅ What is The Brewer Method ✅ A value more important than arv ✅ 3 things needed to do a successful novation deal ✅ How are novations affected if the market changes ➡️ ➡️ ➡️ See the show notes to connect with all things Eric! Connect with Eric: brewermethod.com Eric Brewer on Instagram Eric Brewer On LinkedIn Eric Brewer on Youtube Eric Brewer on Twitter www.integrityfirsthomebuyers.com The Brewer Method on Facebook Eric Brewer on TikTok Integrity First Home Buyers on Facebook Integrity First Homebuyers on Instagram Integrity First Homebuyers on Youtube --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers
Join Nick Lamagna on The A Game Podcast with his guest Jeremy Black, generational real estate investor and broker of Heritage Real Estate in San Diego and stud wrestler and even former male model! Jeremy is a one of a kind guy who makes an impact on everyone he comes across in life. He inspires others to seize opportunities, take chances, challenge yourself and go after what you want in life. His family has founded Heritage Real Estate and has expanded into many vertical integrations to compliment the brokerage and fit your real estate needs including a title company, lending company and works with homeowners, sellers and investors. Jeremy has lived, worked and invested from coast to coast starting out in NYC early in his career with Fortune Builders founders Paul Esajian and Than Merrill investing and finding his way to California where he shared the mats at UC Davis with Urijah Faber and many amazing investors and athletes along the way. Jeremy is still actively competing in wrestling and can be found on the mats at Victory MMA and training at Fitness Quest 10 in between flipping houses and giving white glove service to his customers or bringing a smile to his friends as Jeremy is one of the greatest story tellers you will come across. Check out the full episode to hear Jeremy's entrepreneurial journey from male model to wrestling real estate professional! Topics for this episode include: ✅ What you need in a GREAT real estate broker ✅ The downside of entrepreneurship and real estate investing ✅ The importance of embracing fear and taking chances ✅ Embracing differences and forming your own opinions ✅ Lessons learned from Dominic Cruz ✅ Conquering Southern California real estate ➡️ ➡️ ➡️ Contact Nick to discuss your first or next real estate deal together! Connect with Jeremy: www.heritagerealestatesd.com Jeremy Black on Instagram Jeremy Black on Facebook Jeremy Black on LinkedIn --- Connect with Nick Lamagna www.nicknicknick.com Text Nick (516)540-5733 Connect on ALL Social Media and Podcast Platforms Here FREE Checklist on how to bring more value to your buyers
Start the year right with one of the top thought leaders in the space, Kathy Fettke, as we kickstart this 3-part series about the real estate housing market. In today's episode, you'll learn the basics of RE investing, plus ways to locate and close good deals, so stay tuned! Topics on Today's Episode The inspiration and motivation behind the establishment of Real Wealth Network How and why you need to start investing in conservative deals as a rookie investor An expert's analysis and advice for the pre and post-pandemic real estate market Methods to locate lucrative real estate investment opportunities Success-driven suggestions and predictions for real estate investors in 2023 Actionable tips to prepare for a possible economic downturn Resources/Links mentioned BiggerPockets The Wise Investor by Rich Fettke | Hardcover and Kindle Retire Rich with Rentals by Kathy Fettke | Paperback Real Estate by the Numbers by J Scott and Dave Meyer | Paperback and Kindle About Kathy Fettke Kathy is the CEO and co-founder of Real Wealth Network. Kathy and her husband, Rich, started their journey when they began having financial challenges, and she stepped out on faith to find the extra income they needed so they could keep their home. She specializes in teaching people how to build multi-million dollar real estate portfolios through creative finance and planning. She is passionate about researching and sharing the most important information about real estate, market cycles, and the economy. Author of the #1 best-seller, Retire Rich with Rentals, she is a frequent guest expert on such media as CNN, CNBC, Fox News, NPR, and CBS MarketWatch. Connect with Kathy Website: Kathy Fettke Podcast: The Real Wealth Show Don't forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard, please leave a review on iTunes.
Today, we are joined by Rich Fettke to talk about how to make an investment make sense. He has a passion for helping people improve their businesses, grow their wealth, and live more fulfilling lives. He's also the author of The Wise Investor Extreme Success in the Audio Program. [00:01 - 04:16] How It Started Rich sharing how a misdiagnose made him and his wife start a group called: Real Wealth Helping people invest in real estate across different markets and his main focus today is ground up residential development [04:17 - 09:59] Lessons Learned: Investing in a Cash-Flow Property When buying a property, make sure it's a cash flow property that you can cover if things turn bad Why Real Wealth advises investors to stay invested and not bet on appreciation Why it's important to focus on yourself and building a team of motivated individuals who are focused on the same goals How Real Wealth has core values that are constantly reinforced and talked about [10:00 - 15:24] A Parable About Creating Financial Freedom How a lot of uncertainty in the market right now is causing many investors to sit on the sidelines Rich discusses about the affordable housing crisis How investors can make a difference by serving more effectively [15:25 - 19:25] Closing Segment Reach out to Rich! Links Below Final Words Tweetable Quotes “When you put that work in on yourself, that's when all the other stuff works so much better.” - Rich Fettke “When you're keeping score, everyone gets all stoked and they wanna win and they wanna move up the ladder to the championships.” - Rich Fettke ----------------------------------------------------------------------------- Connect with Randy! Follow Rich Fettke, and Real Wealth on LinkedIn. Website: fettke.com Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: [00:00:00] Rich Fettke: Really, I think it's about educating yourself. Really, really looking to experts who are not the mainstream media. Who are these kids? Just outta college writing articles for the New York Times or Forbes or whatever, who you might be, or these internet things and uh, you know, or listening to people on social media who call themselves experts and they've been in the game for five years.You know, I think you have to really look to the economist. To the experts and really source that out and turn to the investors who've been there, done that. [00:00:41] Sam Wilson: Rich Fete has a passion for helping people improve their businesses, grow their wealth, and live more fulfilling lives. He's the author of The Wise Investor Extreme Success in the Audio Program. Momentum Rich, welcome to the show. [00:00:52] Rich Fettke: Thank you. Good to be here. [00:00:54] Sam Wilson: Pleasure. Look forward to it. Absolutely. Thanks for coming on today, Rich.There are three questions I ask every guest who comes on the show in 90 seconds or less, can you tell me where did you start? Where are you now and how did you get there? [00:01:04] Rich Fettke: Oh man. 90 seconds or less. Okay, I'll do this quickly. My wife and I have a real estate investment group that we started when I was given six months to live., Kathy had to rally. She was a stay at home mom and uh, it was a mis uh, diagnosis. They call it a false positive. They. The melanoma that I had on my skin had spread to my liver. Um, but it was a false diagnosis, but it was that type of, that was the impetus really for Kathy to say, how am I gonna earn an income if Rich dies? So we started this small group that we thought would be, uh, you know, maybe a hundred investors. And that group called Real Wealth we started in 2003, has grown to over 67,000 members today. So we've helped a lot of people get into investment real estate around the country. [00:01:49] Sam Wilson: Wow. 67,000 members. That's an astounding number. [00:01:56] Rich Fettke: Not, we're grateful . [00:01:57] Sam Wilson: Absolutely. I mean, there's so many questions I would have from that, but maybe just if you can quickly give the background on what real wealth, what type of, uh, real estate you guys are investing in. [00:02:09] Rich Fettke: Back then, back in 2003, we were helping people get into single family properties in different markets. Cathy actually had Robert Kiyosaki on her radio show way back when, and he said this was like 2003. He said he was selling all his high priced California properties and moving everything 10 31 exchanging into, uh, Texas. So we followed his advice. We did the same thing. We did a cash out refi on our property up in the San Francisco Bay area when we were living. And we invested in Texas and that's when we had listeners of Kathy's radio show, our friends, our family saying, how did you do this? Are you living here in the Bay Area and investing in Dallas? So we, that's when we started to help people just connect with property brokers, property teams with one to four units, uh, investment properties available. So that's how, that's what got us started. And so it was slow on those beginning years. We had a couple hundred members and I remember we had a thousand members and we were so stoked on that. Then we got to 10,000 members and all, and then we started to syndicate. So we syndicate as well, mostly for residential ground up development is our main focus there. [00:03:18] Sam Wilson: Gotcha. And is that what you guys, is that the main focus here today is ground up, residential? [00:03:24] Rich Fettke: Both. Um, yeah, so we syndicate ground up residential. That is a major focus. We also have a fund with single family properties in it. So, um, that's growing to be a 20 million fund for credit investors. And then we still today help a lot of people, especially first time investors, busy professionals who don't have the time to hunt and find properties. We connect them. Brokers and property teams in emerging markets that are really growing, where the population's moving there, where businesses are moving and we help a lot of them get into their first investment property, which as you know, can be a groundbreaking, you know, just groundbreaking and mindset shift. When you get that first Andre investment property, you kinda like, wait a minute, I'm an investor now. I get this, and then they go on and they'll buy, you know, 10 or they'll get 20 investor loans. Move on up into multi-family, whatever that might be. [00:04:16] Sam Wilson: Right. Oh, that's really cool. , do you ever just pinch yourself and go, how? I never actually imagined I'd be here [00:04:22] Rich Fettke: A hundred percent. Yeah. I never knew. Man. No, absolutely. I'm so grateful. You know, I do a lot of visioning. I was a coach for 15 years before we started real well. So I did a lot of visioning and future self and where I wanted to be. And so I'd write out what my future house looked like, who I was like, and this was work I was doing, you know, 25 years ago. So yeah, I'm really grateful I've become that future self. I'm living in Malibu, California in a beautiful home. I got an amazing wife, couple daughters, a grandson. Yeah, and the business that we've built, we're a conscious capitalism company, so we're always about giving back and making sure all of our stakeholders are supported and honored. So yeah, I do pinch myself consistently. See, remember to be grateful, rich. This is awesome. This is what you work for. [00:05:09] Sam Wilson: That's fantastic. What, what have been some of the, I . Guess, toughest. Lessons maybe that you've learned that you said, man, these are things that I would, I would tell anybody getting into real estate, involved in real estate avoid this or do it differently. [00:05:25] Rich Fettke: Yeah. On the real estate side of things, it is, uh, cuz Cathy and I went through 2008 and we got leveled, we got rocked, and we had foreclosures, we had short sales. It really hit us hard and so we recovered from that obviously, but it took some. So, I mean, real estate wise, it makes sure that any investment makes sense from day one. When you buy it, make sure it's a cash flowing property. Make sure you're not doing short term, um, bridge loans or any short term financing that you know you can't cover. If things turn cuz things can turn, you know, things can turn quick. We've seen it. So that's the main thing. Make sure everything makes sense from day one. Don't bet on appreciation. Don't bet. This is all gonna go well, you know, this is what they say. You're looking at a multi-family and you got this seller and they're saying, oh yeah, you can improve management. You can improve this. Assume that you can't, and make sure it still makes sense from there. Right. So that's on the real estate side. On the personal side, it is, honestly, it's work on yourself. What I've seen with the 67,000 members of real. Myself, the people that I network with, my colleagues in real estate. It's the people who work on themselves to be better humans, to be more focused, to be more effective. When you put that work in on yourself, that's when all the other stuff works so much better. [00:06:41] Sam Wilson: Wow, that's great. That's great. Tell me about building a team. I mean, you can't possibly have 67,000 members in the Real Wealth Group without having an amazing team behind you. What's that process been like? [00:06:57] Rich Fettke: That's so true though. It's so true. You know, one thing I'm always saying to my team is, the only thing more important than a great idea is the team that can see it through. And I just, I believe that on our core level, it is my unique ability. It's what I bring to real wealth. You know, my wife, Kathy, Is the co-founder of Real Wealth, and she is like the magic maker. She understands markets, she understands market cycles. That's why she's on, you know, bigger pockets on the market as a co-host on that. And just awesome. What I bring is being able to lead a team of amazing people, , to follow our purpose, our mission, and our goals. So for me, it's all about making sure people have autonomy, making sure that they have responsibility for their own part of the. It's really inspiring and to be about something bigger than just making money, you know, it's important. Money's really important. What we do is we donate 10% of our profits from real estate transactions to organizations that change the world, like Habitat for Humanity and Operations, smile Mentors International, and then that just rallies a team.So we're not just about let's hit this income goal, or let's sell this many properties, or whatever it might. Often it's, let's do this because we can continue to give back and we have a profit sharing plan. So everyone, the better the company does, the better everyone in the company does. Everyone's on our profit sharing plan. I think those are some of the keys to really inspire a team to everyone collectively work together and be in sync and have an awesome culture. All that good. [00:08:27] Sam Wilson: And that's so true. And that's one of the things we were actually discussing, uh, at a meeting this morning, which was how, how do we break down, you know, I won't go into the details on it, but incentivize correctly and motivate. And I think you hit on it there with the, you know, having a profit sharing plan, having a, a part, a part of your company that gives back. Are there other things that you feel like, or some strategic shifts maybe you made that help define your culture in your company. [00:08:52] Rich Fettke: setting core values, you know, you hear it all the time, but it's really important. Our core values spell atomic , which is, you know, a very small thing that has a big powerful impact. So we have accountability, we have, uh, transparency, which is a big one, making sure that. Share their feelings with each other that they speak up, that they don't hold things back. We have optimism is one of our core values. So always coming back to these core values. Mastery is another one. Integrity is another one. Connection is another one. So we're constantly reinforcing and talking about these core values. At a minimum quarterly, I do a state of the company address every quarter looking at how do we do profitability wise? How many people do. How many people filled out our real wealth assessment that have, we've helped them create real wealth in their lives, which is, like I said, it's more than just money. It's about living life on your own terms. So all these things constantly coming back to those core values and looking at how we're on purpose and just like a sports team, you know what I mean? When you're keeping score, everyone gets all stoked and they wanna win and they wanna move up the ladder to the championships. So it's kinda the way it is at real. [00:09:59] Sam Wilson: No, that's great. I love, I absolutely love that. Um, tell me this, if we can shift maybe just slightly and talk a little bit about maybe the market cycle and what you guys are seeing. I mean, you went through 2008, you said that was a super painful time. You guys, you know, you said, you mentioned the word foreclosure and short sales and all the dirty words that none of us enjoy . Um, You know, and so where, where are we now? What are you advising investors? What are, what, what's, what's the correct move if, if there is such a one for a podcast, you know, for everybody here today? [00:10:33] Rich Fettke: Mm. Yeah. I mean, we aren't, we're in crazy times. There's no doubt about it. When, you know, it's a completely different scenario than 2008, as you know, and I'm sure your listeners know and. . You know, it's, it's crazy times we're seeing it. There's, you know, a lot of investors are in freeze mode. Yeah. And that's the biggest thing that's impacting us as an organization where there's so many investors, especially new investors who are just like, oh my God, the mainstream media is telling me there's gonna be a crash and a recession, and interest rates are terrible and affordability's, you know, terrible and all this stuff. So there's a lot of investors sitting on the side. The experience. Investors are the ones who are diving in and negotiating and getting better deals and getting their property management to do free property management for a while. Or sellers will, they'll pay for that. Even, uh, sellers paying down interest rates and that's, I'm seeing that today, which you didn't see back then, but you know, we still have what, I think it's four. Homes shy right now that we need, we didn't have that in 2008, so there's still 4 million homes that we need because the rate of building has decreased so much. And then with the supply chain issues that we went through over the last couple years, it's had a huge impact on builders as well, so, It's just different. You know, back then there was too much inventory and people were on these, no income, no asset loans. And so it's a whole different world today. But I would say the best thing you could do as an investor in today's market and where we're heading, I don't think it's gonna be a crash. There is gonna be some softening, especially in the overpriced markets, the markets, and we need it. Honestly. You know, some of these markets need a correction. They need to lower it to be more affordable so people can have a home. But with that as an I. Really, I think it's about educating yourself. Really, really looking to experts who are not the mainstream media. Who are these kids? Just outta college writing articles for the New York Times or Forbes or whatever you might be, or these internet things. And you know, or listening to people on social media who call themselves experts and they've been in the game for five years. You know, I think you have to really look to the economy. To the experts and really source that out in turn to the investors who've been there, done that. You know, that's, that's what Cathy and I do. We really talk to the people who are in the game, who've been through 2008, who have a clear game plan and we learn from them. [00:12:52] Sam Wilson: Love it. That's absolutely sage advice. Talk to me about the affordable housing crisis. People are calling it. What's, what's happened on that front? Is there an opportunity for investors? And I said this yesterday on a podcast. it was some of the effect of what we create serves the customer. Like it creates an awesome product for the customer and I am then in turn rewarded with profit. Like I'm not opposed to that, but is there [00:13:18] Rich Fettke: That's just capitalism, right? [00:13:20] Sam Wilson: Right, right. I provide an awesome service and they reward me with profit. It's great. Is there a way in affordable housing or is there an opportunity in affordable housing for investors to make a difference and also turn a profit. [00:13:30] Rich Fettke: Absolutely, absolutely. You know, I've got some good friends. Um, you know, one of 'em is Ken McElroy, who owns 10,000 doors. You know, he does a lot with multifamily and property management. One thing he does is whenever he makes, uh, a rent increase, he always does something to improve his facilities, whatever it might be. So if someone at tenant's gonna get an rent, First he says, Hey, rent is going up and we're also gonna do, we're gonna put all new appliances for you, or you need new floors, we're gonna put in new hardwood floors, or replace your carpets, whatever it might be. So that's one way to create a win-win where you wanna just, you don't wanna put off the rent increase because then all of a sudden you, you start your, you're slipping behind. But to do something like that, there's, that's a one, a win-win that really benefits people. But you know, just provide. Affordable housing and not being a slum lord, and having people, you know, helping people get into quality properties, whether that be multifamily or single family, helping them do that as an investor, that's, that's really giving back. You know, Cathy was awarded, um, one of the top 100 intrigue, most intriguing entrepreneurs by Goldman Sachs for two years in a row. Wow. And she went up and she was talking to Lloyd Blankfein and she said, I don't get it. Why? I'm, I'm here. The founders of Uber and Method Soap and Elon Musk and, and all this stuff. What am I here for? And he said, be, and this is, this is probably about 20 12, 20 13, and he said, because you're changing the world. You are helping people. You're going into these neighborhoods with foreclosures. You're helping investors acquire these properties, fix 'em. And then helping, you know, creating affordable housing for people. That's a game changer. So you are an intriguing entrepreneur. So I think that's it. We do a service and we have to really remember that. That we are serving people, just like you said. So how can we serve people more effectively? [00:15:24] Sam Wilson: Right. I love that. That's absolutely great. Before we sign off here, rich, I want to hear about your latest book. Can you tell me, uh, the name of it and then, you know, there's a lot of financial books out there. Can you tell me why is yours different? [00:15:39] Rich Fettke: Yeah, there are a lot of great financial books in, I just got this two days. It's called a Wise Investor. This is my hard cover. I just finally got, it's the real deal.That's awesome. I've been waiting for a while. Supply chain issues. Right. I had to wait seven months for this book to get printed because the paper mills are so shy on paper. [00:15:58] Sam Wilson: for a hardback book. It was seven months? [00:16:01] Rich Fettke: Seven months from which I wrote. I finished writing this book a year ago. Wow. So what makes it different? And that's why I'm so stoked to be able to hold it. What makes it different is it's a parable. So if you kind of think. Blending Rich Dad, poor Dad, and The Alchemist and the Richest Man in Babylon. If you blended those all into one book, that's kind of what The Wise Investor is. It's a parable about creating financial freedom and also about living your best life. So it's all about taking the lessons that I've learned over the last 20 years as a real estate investor and the lessons 15 years before that I, I gained as a coach working with hundreds of clients. Everything about how to be your best self, how to live a better life, how to live a more balanced life, but also how to create financial freedom. And of course it's with a focus on real estate investing. [00:16:47] Sam Wilson: Absolutely. I love it. If our listeners wanna get a copy of that, when and how do they do that? [00:16:53] Rich Fettke: Uh, they can do it right now. It's on Amazon. It's on all major book sellers. Uh, hard cover's gonna be shipping out in early December, so coming up really soon, the Audible, I mean the, um, Kindle version came out back in April. It's doing really well. And then the Audible, which I did the narration four, which was kind of fun cuz there's 10 different characters. Women, kids, . I had to do a little voice acting classes on that one. But, uh, that came out, um, August 30. And now the hard cover's coming out and it's, you can order it, you can pre-order it now on Amazon or wherever books are sold. [00:17:24] Sam Wilson: That is awesome. One last question for you. If it is like a Rich Dad, poor dad, or the richest man in Babylon, are the characters in the book based on real people? [00:17:36] Rich Fettke: a great question. Yes, it's a fictional story, but definitely based on real world people and real world situations. Everything from, you know, Cathy and me and the lessons that we learned going through 2008. Uh, other friends of ours who, um, I'm sure a lot of what your listeners would know, you know, based on their story and what we've learned from them. And also honestly, a lot of the members in real. Kathy and I interviewed them on her podcast and we call it Real Well Story. So we find out where they were, what did they do, and where are they now. And so a lot of those lessons just inspired me, like, oh, I gotta, I have to weed this into this story. So it tells a story. The wise investor tells a story of this guy who's. Like a hard working family man. He's got a couple kids, a wife, um, but he works so many hours and he can't get ahead and he, so he doesn't have time for his wife or his kids. And then he meets this wise mentor who is an investor, and he teaches him a new way to financial security for himself or his family. And this guy, the main character's name's Ryan Brooks. He becomes wealthy in way more ways than he thought. [00:18:38] Sam Wilson: That's fantastic. Rich, thank you so much for coming on the show today. If listeners wanna get in touch with you or learn more about the Real Wealth Network, what is the best way to do? [00:18:52] Rich Fettke: Super simple, just real wealth.com. real easy. [00:18:53] Sam Wilson: fantastic real wealth.com. We'll make sure you put that there in the show notes. Rich, thank you again for coming on today. I certainly appreciate it. Bye guys. [00:18:59] Rich Fettke: Thank you.
Real wealth is not just having money but also the freedom to live life on your terms. So real wealth to people is being able to do what you want when you want with the people you want to be with and enjoy each moment. In today's episode, be moved by how Rich Fettke sees life as more than money but by knowing what real wealth is.He also mentions how people become less effective, rooted in creating a lot of stress by making money, and how to avoid getting trapped in this. Listen and get coached as Rich explains that wealth goes beyond the money piece and how he started to invest in brand new builds and single-family homes using a holistic approach. Tune in and let's get that holistic investment growing! Key Points From This Episode: What is real wealth?Rich shares how people get blinded by the success trap as they try to make money.Rich shares how they started to buy investment properties, single-family homes and brand new builds. How to not fall into the “If I have money, I'm gonna be happier” trap?Different tips on finding mentors for life. Rich shares why people should not acquire a single-minded focus. Rich talks about the differences among mentors, consultants, and coaches.How do liabilities and assets are mentioned in The Wise Investor book?Who are the assets and liabilities in your life? How do wealthy people think, and how do poor people think?Rich talks about how people need to be particular about what they are telling themselves. Tweetables:“I do need some to set some goals around this area of my life.” — Rich Fettke“So if you want to be a more successful investor, if you want to create beyond greater wealth, you have to focus on all these different areas of life. ”— Rich Fettke“I think that having a coach is absolutely vital to really take your life and your business to the next level.” — Rich Fettke“Fortunately or unfortunately, at times, we believe so much of what we tell ourselves“ —Whitney SewellLinks Mentioned in Today's Episode:Real Wealth's WebsiteRich Fettke's LinkedinRich Fettke's FacebookRich Fettke's InstagramReal Wealth's TwitterThe Wise Investor BookRich Dad, Poor Dad BookAbout Rich FettkeRich Fettke is the Co-CEO of Real Wealth Network, a 3-time Inc. 5000 ranked real estate investment company with 22 employees and over 46,000 members. Rich oversees the marketing and business development at RWN. He is passionate about developing the company's team and systems, and is always looking for new ways to bring good people to the Network. A licensed real estate broker and investor, Rich is also the former CEO of a large health club franchise. As a Master Certified Business Coach and the author of Extreme Success (Simon & Schuster, 2002), Rich has been featured in such media as USA Today, Entrepreneur Magazine and the Wall Street Journal. With a love for adventure sports, Rich has competed in the ESPN X-Games
All stories are so compelling and inspiring that they are worthy of being heard by a wise investor. In today's episode, be inspired by how Rich Fettke became part of everyone's lives by helping them buy their first investment properties, single-family homes, and brand-new builds.He also shares with us how powerful people become when they are aware of where their money goes – when people have financial statements. What's moving about this episode is when Rich talks about taking the first steps of their journey, how he learned from every person they met, and the reasons that allowed them to build Real Wealth Group, which has now helped over 66,000 people to be financially independent. Don't miss it! Key Points From This Episode: Rich shares his struggles as a student and how the training helped him to build discipline and envision success. Real estate opportunities come to life on their worst days.Rich shares how they started to buy investment properties, single-family homes and brand new builds. How did Rich and Kath form the Real Wealth Group?Rich shares his pushbacks and how he overcomes those.Life-changing decision: to start a business.How do Rich's decisions help him as a parent?Rich shares his intentions and why he wrote the book The Wise Investor.How is sharing a story connected to financial freedom, business, and real estate investment? What is a lifestyle creep?How to manage and track personal expenses?Tweetables:“I would look at these places and say, ‘We could do it better. I could do it better.'” — Rich Fettke“And it was hard, those first couple of years were a grind, but we came through and made it happen.”— Rich Fettke“Asking the question, realizing that people are creative, that people are resourceful, that people can find out their answers, whether they need to, whether through books or podcasts or finding a mentor.” — Rich Fettke"I wanted to write a compelling story that was a page-turner that could share the lessons and emotionalize the information. That's what a story does." —Rich FettkeLinks Mentioned in Today's Episode:Real Wealth's WebsiteRich Fettke's LinkedinRich Fettke's FacebookRich Fettke's InstagramReal Wealth's TwitterAbout Rich FettkeRich Fettke is the Co-CEO of Real Wealth Network, a 3-time Inc. 5000 ranked real estate investment company with 22 employees and over 46,000 members. Rich oversees the marketing and business development at RWN. He is passionate about developing the company's team and systems and is always looking for new ways to bring good people to the Network. A licensed real estate broker and investor, Rich is a former CEO of a large health club franchise. As a Master Certified Business Coach and the author of Extreme Success (Simon & Schuster, 2002), Rich has been featured in such media as USA Today, Entrepreneur Magazine, and the Wall Street Journal. With a love for adventure sports, Rich has competed in the ESPN X-Games and is a record-holding bungee jumper, skydiver, rock climber, skier and surfer. He is happily married to his Co-CEO, Kathy Fettke, and they have also co-parented two wonderful daughters.
Kathy Fettke hosts the Real Wealth Show and Real Estate News and a new show on Bigger Pockets called "On the Market". She is co-owner of the Real Wealth Network and has been investing in portfolios of homes for more than 20 years. To connect with Kathy, visit realwealth.com. ------------- Host: Victor Menasce email: podcast@victorjm.com
Guest Rich Fettke talks about his motivations, and what's next.Join our multifamily investing community for FREE for in-depth courses and live networking with like-minded apartment investors at the Tribe of TitansLink to subscribe to YouTube channel: https://tinyurl.com/SubYouTubeDiaryPodcastApple Podcasts: https://tinyurl.com/AppleDiaryPodcast Spotify: https://tinyurl.com/SpotDiaryPodcast Google Podcasts: https://tinyurl.com/GoogleDiaryPodcast Follow us on:Facebook: https://www.facebook.com/DiaryAptInv/ Twitter: https://twitter.com/Diary_Apt_Inv Instagram: https://www.instagram.com/diary_of_an_apartment_investor This episode originally aired on September 9, 2022----Your host, Brian Briscoe, has been a general partner in 655 units worth $50 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He has developed a multifamily education community called the Tribe of Titans that helps aspiring investors learn the game, network with other like-minded professionals, and get their apartment investing business to the next level. He is founder of Streamline Capital Group, which will continue to acquire multifamily assets well into the future. He retired as a Lieutenant Colonel in the United States Marine Corps in 2021.Connect with him on LinkedIn----Rich FettkeCo-Founder and Co-CEO at Real Wealth Network and Real Wealth RealtyAuthor and Master Certified Business Coach.In 2003, Rich co-founded Real Wealth Network with his wife, Kathy. Real Wealth is a California-based real estate investment group that provides education and resources, and cash flowing investment properties for real estate investors. The company also produces The Real Wealth Show on KABC radio in Los Angeles and is one of the top 10 real estate podcasts on iTunes. Real Wealth Network now has over 49,000 members and has been on the Inc. 5000 list of America's Fastest Growing Companies for the past three years in a row.As the author of Extreme Success (Simon & Schuster, 2002) Rich has appeared on every major television network for his work on how to take action and stay focused on what really matters. He has also been featured in USA Today, the Wall Street Journal, and Entrepreneur Magazine. His diverse clientele includes IBM, the American Management Association, Century 21, Morgan Stanley and the United States Army.Rich is the past-president of the Professional & Personal Coaches Association and is a former vice president of the International Coach Federation (ICF). Learn more about him at https://www.linkedin.com/in/fettke/ and http://www.realwealthnetwork.com/
“But lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal.”– Matthew 6:20 Rich Fettke received news that he had six months to live, and it rocked his world, but he and his wife, Kathy Fettke, decided to do something about it. Not only did they start investing in real estate, and helping others do the same through The Real Wealth Network, Rich figured out what was truly important to him, how to show up every day to be the best version of himself. All of these things lead Rich to write a new book, titled The Wise Investor, which we dive into on this episode. Go buy The Wise Investor and other resources here! Click here for more free resources! — Join our Facebook Group. Do us a favor and leave us a review! View our other Apple Podcasts. Know someone who would make a great guest on our podcast? Let us know! Email: stuart@storehouse310turnkey.com This podcast is sponsored by DoDReads.com which promotes lifelong learning, personal developmentand leadership that comes from the books you read. If you are interested in updating your military reading list, email: storehouse@dodreads.com. Enroll in Podcast Systems University today and use with coupon code STU20 to get the course for only $297 and regularly $497! Get the 10 Levels of Passivity FREE Report by emailing: podcast@storehouse310turnkey.com. Make planning a priority this year! Go to Boldly & Co. ** Use the Code: STOREHOUSE at checkout for a 20% discount on ALL products. ** Use the Code: STOREHOUSE495 gives a $200 off discount on the next workshop.
The Real Estate InvestHER Show with Elizabeth Faircloth and Andresa Guidelli
Investing is a risk. That's the reality. Some found quick success but for others, it's not been a flowery path.In this episode, Liz and Andresa share an honest conversation with Ginny Adkins. She's a real estate entrepreneur who had gone through ups and downs at the start of her career. From losing everything, even a friend along the way, she has built herself and her business back up by learning from her mistakes and leaning on her network. Listen in and be inspired by her story!Ginny Adkins bought her first flip in 2016 and lost a lot of money. But she kept going. She's been a turnkey provider for many leaders in the industry including Real Wealth Network, Get Rich Education, the Real Estate Radio Guys, and others. For 5 years, she's been a real estate agent, and now, she's a Broker Associate with the InvestHer EXP Team where she also leads the Orlando InvestHer Meetup. Ginny has an Interior Design background with a side staging business and a local pool service business. Happily married for nearly 26 years to Joel, they have two amazing grown daughters, Shelby & Kasey. Ginny also loves to travel and spend time with my family. Quotes• “I think what was running through my head was I'm not letting this happen. I just can't let this happen. My family needs me to succeed. ” (20:05-20:15)• “I was really scared. I'm not going to lie. There were times when I was really scared, and I was like, I don't know if I can do this. But what I did know is that I knew people, That's so key. And I would say that to any woman out there, it is all about who's your circle." (20:56-21:17)• “I know a lot of people have great success in a short amount of time. I think because of what I've been through, I'm a lot more conservative, and I'm okay with that. I'm okay doing it slowly because I want to know that I'm building strength underneath my belt.” (21:41-21:58)• “That's the problem. We, women, do, too. We take on too much to kind of prove our strength and think that, ‘yes, I got it all, and I can hold everything on my shoulders.' And we can. We just shouldn't. It's not that you can't do it, but then you'd burn out. ” (25:21-25:38)• “It really lines up what your role is: who's responsible? Who's the final say on every little detail? Like Andresa always says, when it comes to the finishes, who makes that decision? Because you can both argue that somebody makes the decision, the final say.” (29:10-29:25) • “Think about the bottleneck. What are the things that don't matter and it's just a bottleneck? You have partnerships so you can leverage time and move along.” (33:14-33:27)Connect with Ginny:Website: www.ginnybuyshouses.comIG: @ginnybuyshouses and @ginnyadkinsrealestateFB: @ginnybuyshouses and @ginnyadkinsrealestateTwitter: @ginvestorchickLinkedIn: https://www.linkedin.com/in/ginnyadkins/Resource Mentioned:Rich Woman by Kim KiyosakiInvestHER CON Time: June 23-24 Place: Charlotte, NCInvestHER CON is a full circle transformational experience created with the women investors' needs, desires, and schedules in mind. The event brings top-notch experts in Real Estate Investing, Business Strategies, and Self-Care who will push the boundaries, expand the mindset, and promote deeper connections among the attendees. Learn from real teachers who will share actionable strategies so you can leave the event with the knowledge, connections, and confidence to grow your investing business and live life on your own terms.Get your ticket today: https://www.therealestateinvesther.com/investherconHow To Join the InvestHER Movement 1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via:Apple Itunes SpotifyAmazon MusicAndroid Stitcher 2) The Real Estate InvestHER Membership STRIVE is a one-of-a-kind membership for experienced women investors looking to make deeper connections and take their Real Estate business to the next level. It is more than a transactional membership, and it is a transformational experience for women looking to live life on their own terms.Apply today. We open doors in June. https://www.therealestateinvesther.com/reserve 3) InvestHER Community on Facebook We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 4) InvestHER Meetups Around the Globe We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! 5) InvestHER™ eXp TeamOur mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support to Real Estate agents worldwide. We have created exclusive content and support for the InvestHER™ eXp Team:*Top skills and strategies to grow YOUR business*How to utilize your “real estate agent” advantage to become a real estate investor*Monthly live masterminds*Become part of Libertas Organization with top coaches, Tim and Julie Harris.Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Investing is a risk. That's the reality. Some found quick success but for others, it's not been a flowery path. In this episode, Liz and Andresa share an honest conversation with Ginny Adkins. She's a real estate entrepreneur who had gone through ups and downs at the start of her career. From losing everything, even a friend along the way, she has built herself and her business back up by learning from her mistakes and leaning on her network. Listen in and be inspired by her story! Ginny Adkins bought her first flip in 2016 and lost a lot of money. But she kept going. She's been a turnkey provider for many leaders in the industry including Real Wealth Network, Get Rich Education, the Real Estate Radio Guys, and others. For 5 years, she's been a real estate agent, and now, she's a Broker Associate with the InvestHer EXP Team where she also leads the Orlando InvestHer Meetup. Ginny has an Interior Design background with a side staging business and a local pool service business. Happily married for nearly 26 years to Joel, they have two amazing grown daughters, Shelby & Kasey. Ginny also loves to travel and spend time with my family. Quotes • “I think what was running through my head was I'm not letting this happen. I just can't let this happen. My family needs me to succeed. ” (20:05-20:15) • “I was really scared. I'm not going to lie. There were times when I was really scared, and I was like, I don't know if I can do this. But what I did know is that I knew people, That's so key. And I would say that to any woman out there, it is all about who's your circle." (20:56-21:17) • “I know a lot of people have great success in a short amount of time. I think because of what I've been through, I'm a lot more conservative, and I'm okay with that. I'm okay doing it slowly because I want to know that I'm building strength underneath my belt.” (21:41-21:58) • “That's the problem. We, women, do, too. We take on too much to kind of prove our strength and think that, ‘yes, I got it all, and I can hold everything on my shoulders.' And we can. We just shouldn't. It's not that you can't do it, but then you'd burn out. ” (25:21-25:38) • “It really lines up what your role is: who's responsible? Who's the final say on every little detail? Like Andresa always says, when it comes to the finishes, who makes that decision? Because you can both argue that somebody makes the decision, the final say.” (29:10-29:25) • “Think about the bottleneck. What are the things that don't matter and it's just a bottleneck? You have partnerships so you can leverage time and move along.” (33:14-33:27) Connect with Ginny: Website: www.ginnybuyshouses.com IG: @ginnybuyshouses and @ginnyadkinsrealestate FB: @ginnybuyshouses and @ginnyadkinsrealestate Twitter: @ginvestorchick LinkedIn: https://www.linkedin.com/in/ginnyadkins/ Resource Mentioned: Rich Woman by Kim Kiyosaki InvestHER CON Time: June 23-24 Place: Charlotte, NC InvestHER CON is a full circle transformational experience created with the women investors' needs, desires, and schedules in mind. The event brings top-notch experts in Real Estate Investing, Business Strategies, and Self-Care who will push the boundaries, expand the mindset, and promote deeper connections among the attendees. Learn from real teachers who will share actionable strategies so you can leave the event with the knowledge, connections, and confidence to grow your investing business and live life on your own terms. Get your ticket today: https://www.therealestateinvesther.com/investhercon How To Join the InvestHER Movement 1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via: Apple Itunes Spotify Amazon Music Android Stitcher 2) The Real Estate InvestHER Membership STRIVE is a one-of-a-kind membership for experienced women investors looking to make deeper connections and take their Real Estate business to the next level. It is more than a transactional membership, and it is a transformational experience for women looking to live life on their own terms. Apply today. We open doors in June. https://www.therealestateinvesther.com/reserve 3) InvestHER Community on Facebook We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 4) InvestHER Meetups Around the Globe We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! 5) InvestHER™ eXp Team Our mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support to Real Estate agents worldwide. We have created exclusive content and support for the InvestHER™ eXp Team: *Top skills and strategies to grow YOUR business *How to utilize your “real estate agent” advantage to become a real estate investor *Monthly live masterminds *Become part of Libertas Organization with top coaches, Tim and Julie Harris. Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her. Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome back to the Investing for Freedom Podcast. Today I sit down with Kathy Fettke, an entrepreneur, real estate investor, and co-founder of Real Wealth Network. She shares her backstory and her thoughts on the current real estate market, inflation, investing, and more. If you're interested in Kathy's women's mastermind you can contact her for more information at the following email: kathy@realwealth.com Never Miss An Episode! Follow the Podcast on: Apple Spotify YouTube Stitcher Google Podcasts Android Visit InvestingForFreedom.co. Follow Mike Ayala on: Instagram Twitter Facebook Tik Tok LinkedIn
Kathy Fettke is a real estate investor, podcaster, and owner of RealWealth Network, an investor group with over 60,000 worldwide. She simplifies the complicated world of real estate investing, to help more people build cash flowing rental portfolios. She is passionate about researching real estate market cycles, demographic shifts, and areas of job and population growth so that help investors can acquire or dispose of property in the right place at the right time. Kathy is author of the #1 best seller, Retire Rich with Rentals, and is a frequent guest expert on such media as CNN, CNBC, Fox News, NPR and CBS MarketWatch. Main Points:Home prices are at all time highs - will it continue?Rents are at all time highs - will it continue?Which areas are looking bubbly?Where can you still find deals, and cash flow?Will we see an uptick in foreclosure?What will happen when the eviction moratoriumsm end?What will be the affect of recent quantitative easing measures of the Fed?Connect with Kathy:www.RealWealthNetwork.comkathy@realwealth.com
Kathy Fettke's early career was nothing but clear skies. So when a storm came, in the form of the recession, she didn't have the experience to be prepared. On today's episode of The Real Estate Nerds Podcast, our host and real estate attorney Scott Smith interviews Kathy Fettke about her all-time worst deal. Learn how Kathy lost big twice, what she had to do to recover, and how she now uses her famous Real Wealth Network--and their combined experience--to avoid future bad deals. Thanks for joining us!Listen To Episode 26 of The Real Estate Nerds Podcast NowKathy Fettke on Her First Bad Deal & Not Listening to Her Own AdviceScott welcomes investor and coach Kathy Fettke to the show. The two investors chat about Kathy's early real estate career and the prelude to her deal.[1:00] Kathy now makes a habit of partnering with people who have survived down markets. She began investing in 1997 by buying her first house and turning it into a fourplex. “It quadrupled in value in a 10-year span...What did I know about real estate? I only knew that if you bought something, it makes money.” [2:27][2:48] Kathy stresses the importance of knowing the downsides of markets, reinforcing her thoughts on partners: “Would you get into an airplane with a pilot who had only flown blue skies? No. You want to know that they can survive the storm.”[3:10] Scott asks how Kathy developed her substantial network. She began developing her network when her husband received troubling health news. The two burned through their savings amidst uncertainty. During this time, Kathy set about learning how to create real, lasting wealth. She started by simply interviewing investors, one after another. The Real Wealth Show was born.[4:30] Today, Kathy has an audience of over 40,000 members looking to her for advice on cash-flow and investing strategies, as well as networking opportunities. Scott points out that her success and growth are underscored by her tenacity in the face of challenges.[6:00] Scott and Kathy fast forward to 2007 to discuss the beginnings of Kathy's deal. Kathy credits The Real Wealth Show with helping her identify over-leveraged markets where homes were under-valued. She had a connection that helped her learn about the opportunities available in a down market.[7:20] Kathy speaks a bit about her decision making process: “First of all, you have to trust your gut.” Common sense told her that the lending crisis was inevitable. She followed the instructions of the trusted mentor who helped her learn about preparing for the fall-out: “I wanted to own real estate where people could pay loans, where housing was affordable. That was Texas.” [7:35] She bought 14 properties, all of which performed well[8:13] Kathy points out that she was teaching other investors as she went along, and knows exactly what her first mistake was: “I stopped listening to my own advice.” She realizes in retrospect she thought she was smarter than the smartest people she had advising her. She explains her rationale to Scott about why she deviated from the path that she encouraged others to follow. She figured diversification was good, and that she didn't want to overinvest in Dallas.[9:00] Kathy elaborates on her flawed logic: “I thought I could use the same reasoning and go find areas that had job growth and population growth. But somehow I didn't pay attention to those two metrics that I was teaching.”[9:30] Kathy briefly discusses the media's role in her decision making. She has a journalism background, and bought into some media hype about Boise, Idaho. She knew from experience, but disregarded one of the main lessons she had already learned, which was to “Follow the jobs.” Where people need jobs, they will also need housing. In the case of Boise, the job market wasn't growing--and neither was the population.[10:50] Kathy shares a second rule that she broke: “Always invest in a metro area that has at least a million people, because if half are renters, you have a larger pool.” She believes she ignored her own advice based on Zillow metrics, and getting excited and big-headed.[11:30] The two investors talk about how easy it is to be taken in by buzz and popular thought. Scott briefly paraphrases Oscar Wilde's notion that “Everything that is popular is wrong.” If enough people say something, even smart investors can begin to accept it as truth without truly investigating. Scott and Kathy chat more about the emotional context of this deal, and how ego can cloud judgment.[13:12] Kathy thinks her problematic thinking was even more basic: “It was more lack of experience mixed with too much eagerness.” If anything, she believes she got a little greedy.[14:00] In the case of Boise, Californians were moving to the city and driving some prices up. But Kathy was moving on pure speculation rather than observable metrics: “The properties didn't make sense the day I bought them, and they didn't cash-flow.” [14:36] She couldn't manage her way out of the problem, either, and ultimately sold the property at a loss. [Tweet="I'm damn glad that I kept pushing forward."]Kathy's Worst Deal That first deal Kathy mentioned wasn't even the worst deal she's here to tell us about. Her all-time worst deal took place several states over in Tennessee. She and Scott conduct a little post-mortem of her Bad Beat together. [15:00] Kathy shares about her next, even more painful deal. She continued hunting markets around the country and found an area in Tennessee, but it was low on inventory. She made a deal with a builder, who agreed to give her network 10% of what he built in exchange for her purchasing some of the properties.[16:30] What got her into trouble with the first deal she talked about came back to bite her a second time: “Again, I didn't follow my rules about following the jobs. This was vacation property.”[17:00] During the building process, the market crashed. Kathy shares with Scott about how her failure to read the fine print on one loan led to a major problem. She was forced to refinance, and while investor loans were previously unlimited before the crash, banks were placing hard limits on the numbers of loans investors could have. Unfortunately, in Tennessee, you can actually go to jail for failing to pay debts--and the loan in question was in her husband's name. What had started out as a labor of love ironically ended in a painful predicament.[19:00] Just as timing had a role in getting Kathy into this problem, it also played a role in getting her out. Given how many people were having loan issues, new legislation passed that took jail for nonpayment off the table. She doesn't know how she would have solved the problem without this legislative intervention. Simply selling isn't an option in a market downturn.[20:00] Scott asks if Kathy had a more experienced investor on board for these deals. They discuss the delicate balance of not deviating from models that work, while also leaving room to grow. She shares about learning from her experience, and believes she over-corrected in hindsight: “I missed an opportunity because of my fear of ever making mistakes again.” She was afraid to take properties that weren't cash-flowing, but would have been lucrative if she had taken them.[23:00] The two investors discuss the issues involved in market downturns. Scott points out one famous investor who dropped out of the market for four years when faced with a downturn. Kathy responds with the importance of taking the temperature of the market. [26:00] Kathy shares an anecdote about a misguided investor who believed C-class properties will always be in demand: “In reality, the way it works, is everything kind of goes on sale...What happens in a downturn is the people in the nicest properties have to downsize into a B property, and people who have been living in C properties can now afford the B. The safest place to be is in the middle.”[27:27] When asked if there are ways to learn without experience, Kathy tells Scott: “It's a rare person who can make the right decisions without experience.” She does believe that you can account for inexperience, and circles back to her airplane analogy: “If you don't have the experience to navigate a storm, you need a copilot.” [28:18] This is particularly true when you're investing other people's money as well as your own. She now has experienced team members on her network to help with areas where she isn't as experienced.[29:10] Scott asks what younger investors with less experience bring to the real estate networking table. Kathy, who is often the younger party in her own deals, believes younger people bring understanding of the culture to their deals. She herself had to explain what a webinar is to another investor. Experiences like this have shown her that “Younger people can bring the technology and marketing that older people are clueless about.” [30:25] Young investors also have high amounts of energy, drive, and willingness to learn and work hard.[31:00] Kathy knows her own place in her network, as well: “I fill up a room, bring my experienced experts, and together, we make it happen.”The Takeaways: Challenge What You Think You Know & Get Experienced Partners to Help YouAs always, we like to wrap up the show with the greatest takeaways from Kathy's story. Kathy and Scott each share their opinion on the strongest lessons listeners can learn from Kathy's Bad Beat experience.[32:00] For Kathy, the major lesson is to contain excitement. She dove directly into the deep end of investing and found herself lacking in experience. Her advice to new investors is simply “Jump in, but jump in with a partner who's been there before or do an enormous amount of studying.” [33:50][34:00] Kathy underscores her point about doing your homework: “Real estate isn't that hard or that complicated, but a lot of people mistakenly believe they don't need the education.” Scott agrees that this is vital, as is analyzing the details of any particular deal. [35:00] Scott points out that Kathy's story is a cautionary tale about the influence of mass media messaging, and the importance of challenging beliefs we take for granted. Identifying the truth amidst buzz is a skill that requires practice, as is challenging one's own belief systems.
Tune in to hear how Kathy went from a life as a happy stay-at-home mom with very little business experience to a highly successful author and businesswoman. Kathy shares the story of the pivotal moment that changed the course of her life.Creating a passive income through joint funding and investingKathy continues the journey she took in learning about wealth and passive income. We hear how a small investment group grew into a community of 38,000 members, and get a brief outline of joint funding and investment.Anything is possibleMoving on, we discuss how mindset plays a huge role in investment and building wealth, and why it's important to keep an open mind and not give up. Kathy tells us there's always a way to do what you want to do if you have an open mind.Commercial or residential property investment?Listen in as Kathy tells us what differences, if any, there are between investing in commercial and residential properties, and gives us some tips on how to succeed in either property type.Advice from successful peopleHere Kathy shares with us the best piece of advice she received in all her discussions with wealthy and successful people and explains why it's important to take an active interest in your own financial future.Alternative strategies for passive incomeHear Kathy talk about other methods of creating passive income, and why it's so important to surround yourself with the right people. Join in to hear our lively discussion about creative, out-of-the-box ways to build wealth.Being a badassSometimes business, just like life, requires a bit of guts and some badass moves. Find out what are the most badass things Kathy has done in her life and career before she moves on to discuss how technology helps when you need to make a quick decision and may not have time for extensive research.Best advice for someone getting into passive income and real estateKathy explains that it's not that difficult to get started, pointing us in the right direction with some simple steps to build a good understanding of the business. Listen carefully to catch her warning about what or who to avoid when starting out as a real estate investor.Keep learning and understand your taxes!As our show winds up, you can learn a little about how the new tax changes really help property investors, and what you should be doing to maximize the benefits from these.Kathy tells us that she never stops learning and that there's always something new to discover. She shares with us some of the biggest mistakes she made, and how you can best protect yourself.BackgroundKathy Fettke is a Real Estate and Finance Specialist. She is the author of Retire Rich with Rentals, and Co-Founder/Co-CEO of Real Wealth Network.After getting her BA in Broadcast Communications from San Francisco State University, Kathy went on to work for CNN, FOX, CTV and ABC-7. On top of that, she is the former president of American Women in Radio & Television.An active real estate investor, Kathy is also a licensed real estate agent and former mortgage broker, who says she has a passion for researching and sharing information about real estate and economics.Specializing in helping people build multi-million-dollar real estate portfolios, Kathy often appears as a guest expert on a huge variety of media, including CNN, Fox News, MarketWatch, the Wall Street Journal, and many more.Following her certification as a personal coach, Kathy produced a cable show called DREAM, where she gained important insights that led her to her current career and passion for real estate and wealth building.You can learn from Kathy's popular podcast, The Real Wealth Show, which has listeners in 27 countries.Links and how to get in touch with Kathy Fettke:Be sure to go to her website for more https://www.realwealthnetwork.com/More info - http://unpauseyourlife.comSponsored by:The Addictions Academy - The Nation's Leading Accredited Addiction Coaching & Intervention Training: https://theaddictionsacademy.com/The Functional Psychology Pro - Natural Solutions to Mental Health: http://drteralyn.com/Music courtesy of Crowfly - http://crowflyrocks.com/
Kathy Fettke is the CEO of Real Wealth Network, host of the Real Wealth Show and author of Retire Rich with Rentals. She helps people build wealth with cash flowing real estate through single family rentals, syndications and more. She has grown an amazing network and built a great Community and shares our focus on networking and education. In this episode, Kathy talks about how she got started in real estate, the value of quality property management and the power of a network and community.Kathy talks about how she got started in real estate through creative house hacking followed by monetizing her radio show in an unexpected way and how that eventually grew into the business she has today. Kathy mentions booking Robert Kiyosaki on her radio show and that led to him recommending she get out of some of the overpriced markets and start buying in Texas. She followed his advice, as did her growing community, and they not only made money in Texas but avoided losing money when the over-priced markets tanked.Kathy discusses taking advantage of opportunities in a down market and buying assets when most people are fearful. She also talks about property being overvalued now in some areas, but that doesn't mean there isn't still opportunity out there. She discusses demographics and the effect that will have over the next few years which leads her to markets in the Southeast.Kathy talks about single family turnkey operations and the importance of understanding that means different things to different people and it's essential to get on the same page as those you are doing business with. To accomplish that, she established guidelines for all of her operators so that her network gets a similar experience regardless of the operator or market. Kathy discusses property management and its importance to the bottom line for all real estate - “Success of your real estate depends on your property manager”.Kathy mentions that there are ways to get started with limited funds and that wealth can grow steadily through investing in real estate on a regular basis. She also talks about the network effect and how pushing her providers to share information has improved the performance for everyone. She discusses how the strength of a network is to find problems early and share in the solutions as well as to help each other find opportunities and the importance of learning from each other and using the leverage of a network.Podcasts she recommends:Real Wealth Show Real Estate News for Investors New Home Insights Podcast To connect with Kathy go to www.realwealthnetwork.com. If you would like to contact Jim Pfeifer, you can email him at jim@leftfieldinvestors.com or if you would like to find out more about Left Field Investors go to www.leftfieldinvestors.com. Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know like, and trust. Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investor's Community. Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.
We have a very special guest making a comeback on the show this week. In this episode, join Kathy Fettke and I as we talk about what is truly happening in the real estate market today. Find out more about our investing opportunities here
The Norris Group proudly presents its 13th annual, award-winning black-tie event, “I Survived Real Estate”. Industry experts join Bruce and Aaron Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals headed into 2021. All proceeds from the event benefit Make-A-Wish and St. Jude Children's Research Hospital. This episode features Kathy Fettke, Co-Founder of Real Wealth Network and Neil Bawa of Grocapitus Investments LLC. Platinum Partners: •Norada Real Estate Investments •San Diego Creative Investors Association •The Outspoken Investor, Tony Alvarez •Think Realty Magazine •And Realty 411 Gold Sponsors: 7 Figure Flipping Inland Valley Association of Realtors Keller Williams Corona Keystone CPA, Inc. Las Brisas Escrow Leivas Tax Wealth Management NorCal REIA NSDREI Pasadena FIBI Real Wealth Network In A Day Development Spinnaker Loans uDirect IRA The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669. For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab. Video Link Radio Show
Wealth is not all about money. To truly have it, you must also have the time to live life on your terms. What better way to achieve real wealth than through building multi-million dollar real estate portfolios that generate passive monthly cash flow for life? In this episode, Lisa Hylton talks to someone who specializes in helping people to do just that. She has over Kathy Fettke, the Co-CEO of Real Wealth Network, a California-based real estate investment club that helps its members build wealth. Here, Kathy shares her real estate journey and the lessons she learned from people like Robert Kiyosaki that guided her with starting and growing her business. She then talks about the state of the different real estate markets in Texas and California, as well as the different options when looking to buy a single-family home. Imparting her own words of advice, Kathy highlights the importance of due diligence and why it is the only thing you should trust.Love the show? Subscribe, rate, review, and share!Here's How »Join The Level Up REI Podcast Community today:lisahylton.comTwitterInstagramFacebookLinkedInYouTube
Rich Fettke has helped thousands of entrepreneurs improve their businesses, grow their wealth, and live more fulfilling lives as a Business and Personal Coach. You've seen him on News Networks like NPR, Wallstreet Journal and many others. Rich is also Co-CEO of Real Wealth Network. Since 2003 they've helped over 50,000 members improve their financial intelligence and acquire cash flowing income properties — so they don't have to work forever.Rich's purpose is to live an awesome life by “walking the walk and talking the talk” - essentially living his life in alignment with his big goals. BIG TAKE-AWAYS: Inspect EVERY single unit! (do your homework thoroughly) Trust, but verifyCollaborate with other people in your industry to learn best-practices Learn to adapt the the present circumstancesKnow your “Big 3” goals RECOMMENDED BOOKS:Traction - Gino Wickman (https://amzn.to/2PTWn1Z ) The Way of the Superior Man - David Deida (https://amzn.to/2ZAouYm) Keystone Habits: Morning meditation, yoga, and exercise Has a professional coach Every Monday fills out “Self-Coaching” formSuper clear on goals Links: www.Realwealth.com
This is the first episode in a three-part series on how to invest in real estate. Kathy Fettke is the author of Retire Rich with Rentals, host of The Real Wealth Show and co-founder & CEO of the Real Wealth Network. A Graduate of San Francisco State University, she worked in broadcasting, hosting a show about real estate. Since then, she has purchased numerous investment properties and learned the highs and lows of investing.
Kathy Fettke is a nationally known expert, author and is a frequent guest expert on media like CNN, CNBC, Fox, NPR. She specializes in teaching people how to build multi-million dollar real estate portfolios through creative finance and planning, and she's learned first hand the emotional toll that the highs and lows of the cycle can bring. Her experience inspired her to build The Real Wealth Network to help bring together & educate people on the right way to do real estate. Kathy is a huge advocate for choosing wise mentors - and she talks about how she was initially inspired to her success by a friend of her father's, who was a great (and very wealthy) businessman who's business helped so many people. She, too, is driven to her success by a her core value and goal of making a difference in many lives. **BIG TAKE-AWAYS: ** Figure out WHY you want what you want Surround yourself with GREAT advisors Face yourself! Before you can do anything great you have to take personal responsibility It might take some time to figure out your limiting beliefs, but it's worth it RECOMMENDED BOOKS: The Way of the Superior Man - David Deida (https://www.amazon.com/Way-Superior-Man-Challenges-Anniversary/dp/1622038320) The Science of Getting Rich - Wallace D Wattles (https://amzn.to/2YsgtmN) Links: www.realwealthnetwork.com The Real Wealth Show (https://apple.co/2MnF7Pe) Real Estate News Podcast (https://apple.co/32Y8T2T)
Kathy Fettke is Co-CEO of Real Wealth Network and best selling author of Retire Rich with Rentals. She is an active real estate investor, licensed real estate agent, and former mortgage broker, specializing in helping people build multi-million dollar real estate portfolios that generate passive monthly cash flow for life. With a passion for researching real estate market cycles, Kathy is a frequent guest expert on CNN, CNBC, Fox, Bloomberg, NPR, CBS MarketWatch and the Wall Street Journal. She was also named among the “Top 100 Most Intriguing Entrepreneurs” by Goldman Sachs two years in a row. Kathy hosts two podcasts, The Real Wealth Show and Real Estate News for Investors — both top ten podcasts on iTunes with listeners in 27 different countries. Her company, Real Wealth Network, offers free resources and cutting edge education for beginning and experienced real estate investors. Kathy is passionate about teaching others how to create “real wealth,” which she defines as having both the time and the money to live life on your terms.
You know those people that just seem to be firing on all cylinders at all times? I'm talking about the people that can go in 100 different directions of business simultaneously and succeed at all of them. Well, today, we are joined by a powerhouse that perfectly meets that description. Our guest is Kathy Fettke, who is the co-founder of Real Wealth Network. Kathy is a frequent guest expert on CNN, CNBC, Fox News, NRP, CBS MarketWatch as well as the Wall Street Journal. She is the author of a #1 bestseller, Retire Rich with Rentals, and is the host of The Real Wealth Show – which is a highly ranked podcast with listeners in 27 different countries. She has an extensive background in real estate and has been involved in everything form land transactions to sing-family to high-end commercial developments and has succeeded in all different stages of the economic cycle. Today, we are going to discuss… - Growing a business during an extreme credit contraction - What it is really like to have a "buy when blood is in the streets" mentality - How our guest used her podcast as a medium to get guidance from some of the most experienced investors in the U.S. - What are guest thinks of the state of several of the most interesting investment markets all over the US Contact our guests: https://www.realwealthnetwork.com/ https://itunes.apple.com/us/podcast/real-wealth-show-real-estate-investing-turnkey-rental/id883335228?mt=2 https://itunes.apple.com/us/podcast/real-estate-news-real-estate-investing-stock-market/id1079952715?mt=2 https://www.amazon.com/Retire-Rich-Rentals-Ongoing-Forever-ebook/dp/B00P9KVE42/ref=sr_1_1?ie=UTF8&qid=1513807531&sr=8-1&keywords=retire+rich+with+rentals As many of you know, we have already had a tremendous amount of quality guests on the program, but we are always looking for more unique individuals to talk to. So if you know sponsors, operators, fund managers, or investors that have transacted $100mm, or more, don't hesitate to reach out to me with suggestions for potential guests. We are always looking for ways to provide quality content to the listeners, so if you have someone that comes to mind, shoot me an email address with a quick one or two sentence explanation of their bio, how they are positioned, and I will take it from there. Create an Account with CFC: https://cashflowconnections.com/accredited-investor-questionnaire/ Click here to access our investment opportunities: https://itunes.apple.com/us/podcast/cash-flow-connections-real-estate-podcast/id1193877994?mt=2
Today we have the pleasure of speaking with Co-Founder and CEO of Real Wealth Network, Kathy Fettke. You might also recognize her from her podcast, “The Real Wealth Show”. Kathy has created tremendous success for her family and has some BIG deals in the works. She dives into how she learned from the best and why she started investing in the first place. Her story is the perfect example of how real estate can snowball your wealth and provide you the freedom you've always wanted. Get ready to listen and take notes!
Kathy Fettke CEO and Founder of Real Wealth Network, an organization dedicated to helping members get the most current and cutting edge education and information they need to succeed as real estate investors. Kathy is a licensed Realtor, former mortgage broker, and an active real estate investor She was selected as one of America's "100 Most Intriguing Entrepreneurs" by Goldman Sachs at the 1st annual and now 2nd Annual Builders and Innovator's Summit. She is an active real estate investor, licensed Realtor, certified coach, and former mortgage broker Aman Raina is an investment coach and founder of Sage Investors. Aman works with individual investors to help them make better investment decisions by helping them improve financial literacy and behaviours towards money and investing Nikki Carlson and Kailynn Bowling created Hustle Humble as a way to empower other members of the “entrepreneur” community. With entrepreneurs asking them about how-to advice, they were inspired to help others thrive. The two-fold name Hustle Humble has a significant meaning to this powerful duo. When they started their first company 13 years ago, they “hustled” around the clock to accomplish their goals For more information go to MoneyForLunch.com. Connect with Bert Martinez on Facebook. Connect with Bert Martinez on Twitter. Need help with your business? Contact Bert Martinez. Have Bert Martinez speak at your event!
Gerald Posner attorney and author of 12 investigative nonfiction books. The subjects range from Nazi war criminals to political assassinations to 9/11, as well as business stories. His latest one, God's Bankers, the story of the Vatican Bank and a modern history of money in the Vatican.He was a finalist for the Pulitzer in History for his book Case Closed, about the JFK assassination. God's Bankers and others have been NY Times bestsellers Kathy Fettke CEO and Founder of Real Wealth Network, an organization dedicated to helping members get the most current and cutting edge education and information they need to succeed as real estate investors. She is a licensed Realtor, former mortgage broker, and an active real estate investor She was selected as one of America's "100 Most Intriguing Entrepreneurs" Larry Szeliga founder and president of Results Oriented Coaching/Consulting. He has over 4 decades of management and consulting experience. He has had a remarkable career progressing from first-line production supervisor to CEO, working in a variety of private owned and publicly traded companies. He most recently helped grow a small privately owned, $10 million Company into a $150 million dollar, worldwide organization For more information go to MoneyForLunch.com. Connect with Bert Martinez on Facebook. Connect with Bert Martinez on Twitter. Need help with your business? Contact Bert Martinez. Have Bert Martinez speak at your event!
The Boomer Business Owner with Charlie Poznek: Lifestyle Entrepreneurs | Online Business | Coaching
Kathy Fettke is the CEO of Real Wealth Network, and bestselling author of Retire Rich with Rentals. She is an active real estate investor, licensed real estate agent, and former mortgage broker, specializing in helping people build multi-million dollar real estate portfolios that generate passive monthly cash flow for life. Her company, Real Wealth Network, offers free resources and cutting edge education for beginning and experienced real estate investors.
Stacey Miller senior manager, communications at Cision. She has pioneered influencer marketing, employee advocacy and social selling programs through both traditional and social media. An internationally sought keynote speaker, her writing has appeared in Forbes, CIO and VentureBeat, as well over 500 authored blogs Kathy Fettke CEO and Founder of Real Wealth Network an organization dedicated to helping members get the most current and cutting edge education and information they need to succeed as real estate investors. She is a licensed Realtor, former mortgage broker, and an active real estate investor Jane Tabachnick helps savvy entrepreneurs and enlightened professionals get more Visibility & Authority Positioning, & become Published, Bestselling Authors. She use a unique, interview process to create books For more information go to MoneyForLunch.com. Connect with Bert Martinez on Facebook. Connect with Bert Martinez on Twitter. Need help with your business? Contact Bert Martinez. Have Bert Martinez speak at your event!