Podcasts about Refinancing

Mortgage rates today, housing market news, and Federal Reserve analysis — explained in plain English by a mortgage loan originator with 38 years in the business. No hype. Just real data and practical next steps.

Mortgage rates today: inflation came in cooler than expected, and that's good news for homebuyers and homeowners watching the bond market. PCE, the Federal Reserve's preferred inflation gauge, held at 3.4% when the market expected 3.7%. In this update I break down what that means for mortgage rates and what's most likely to happen over the next few weeks.

Mortgage rates are at 7.5% today, up from 5.99% in March, and the housing market would need to fall about 14% to bring your payment back. I break down the Case-Shiller home price report, the PCE inflation number, and why I see a 70% chance the Federal Reserve raises rates at its next meeting.

Join Keith, Terry, and Matthew live for a properties event on September 30th. Sign up here: GetRichEducation.com/MidSouth Keith Weinhold asks why so many people end up competing in the "Grind Olympics" of the traditional day job, and explains why separating income from time is key to building real wealth.  He then counts down the top five ways to give a rental property a raise by increasing its net operating income, and points to the lever investors most often overlook.  Keith also looks at what has happened to home prices during every major stock market crash since 1980, and shows why negotiating better financing terms can beat simply getting a lower purchase price.  He offers practical strategies for building cash flow, creating value and investing with more confidence in any market. Episode Page: GetRichEducation.com/625 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  0:01   Welcome to GRE. I'm your host Keith Weinhold. Does your day job have you competing in the Grind Olympics? It's something that you never signed up for, and the top five ways to increase your rental property's income. Then, when stocks crash, what happens to real estate? You'll see historically 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. In 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 6000 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  1:34   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  1:50   Welcome to GRE from Wheeling, West Virginia, to Whiting, Indiana, and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to Get Rich Education. Before I get into basically giving your rental property a raise with the top five ways to increase its income, first let's get the context of pulling back and understanding your compelling why for all of this. You may or may not like investment property itself-it's more likely rather that you love what it does for you. That's how it is for me. What do most people do? It's like they're training for the Grind Olympics. Are you doing this too? But you don't remember signing up? I mean, that's kind of what the day job is, society's vortex gradually pulls you into it. The investment property is what gradually tilts you out of it, or it gives you that option. For so many, the day job, it's sort of like this competition that really no one officially announces it yet. Millions enter it. Who can work the longest hours? Who can answer the most emails? Who can miss the most family dinners? Who can delay their life the longest? And at the end of it all, something we call retirement. If you're a winner, not a loser. The winner, you receive a gold-colored watch, lukewarm sheet cake, and a little party at age 65, and that's assuming that the finish line hasn't been moved to 70.   Keith Weinhold  3:40   This is especially bad and prevalent in the United States, where you start out with just two weeks vacation. That's about the worst grind in the developed world. I really myself started questioning this lifestyle when I was a teenager, and this is because my older friends, sort of those that were getting into their late teens, they were relatable to me, and they started going down this path and telling me about it. And suddenly, they couldn't play baseball or tennis with me during the day because they started working during their summers. Now that's not so bad in itself, but stay with me. I also looked at the adults around me and noticed that most traded the majority of their waking hours for work that they didn't even like. Now, my dad was a good worker. He worked 7 a.m. to 3 p.m. faithfully Monday to Friday, and despite being a good worker, he certainly didn't love his job. As a teen, then I found it confounding that so many people were working Monday through Friday, primarily why, primarily to reach the weekend. Wednesday was celebrated as. Day, this sort of strange admission that the work week was something to climb over and survive. You're surrendering 50 weeks to earn two weeks of vacation. You're repeating that very bargain for 40 years and hoping you still have enough money, energy, and health to enjoy retirement. And what puzzled me most was where this was happening. We are not some impoverished nation with paltry resources and limited opportunity. This is the United States, the most powerful and perhaps the most prosperous nation in the world.   Keith Weinhold  5:40   This is the part that I still can't work out in my head. Almost everybody falls into a narrow, rigid groove and grinds. Eventually, the groove becomes a rut. Then the rut gets a job title and a dental plan. Many even form their identity around this. Fear is the number one motivator that gets employees to show up at work. So then, do most people lead fear-based lives? It's almost insane. Sheesh! We have skyscrapers, interstate highways, world-class universities, abundant natural resources, advantageous geography, rule of law. We've got vast capital markets. We've got technology that sent people to the moon before I was born. Endless possibilities, but yet the standard life plan is to spend our most vivacious years doing something that we didn't even want to do. What a paradox! How could a nation create so much wealth while so many people have such little control over their own time? Even then, as a teenager, I remember thinking, "Gosh, there has got to be a better way than this system somehow. I didn't yet know the way, so I started going to college at age 18.   Keith Weinhold  7:16   But this path put me on that same trajectory of get good grades, land a job, max up my 401k, which would reduce my salary, and work for four decades, and then cross my fingers and just somehow hope that promotions, inflation, taxes, a stock market that I couldn't control, and life itself would cooperate. I mean, that plan could kind of work, but your time is still doing most of the work. Your employer rents your time usually one hour at a time, and if you stop supplying the hours, then soon enough your income stops too. Capital compound. labor doesn't. The better path is to gradually separate your income from your time. That's what I began doing when, while I was working full time, I bought my first income-producing rental property a few years later, a few years after college, in fact, doing that on the side, divergent, black sheep. I was stepping out of the groove. Now I own an asset that created leverage and income, whether I'm working, sleeping, camping, climbing a mountain, or spending time with my family. So the goal then it's not to avoid hard work entirely. I mean, meaningful work that can even provide some purpose and achievement and pride. But what provides wealth? What are you going to do for that? Wealth is what happens when you're not working. Wealth is what happens when you're sleeping. Labor produces income. Assets create wealth. Grinding should be a season, even your contribution to society, but not your primarily financial strategy. So the bottom line is that we don't want to win the grind Olympics, income-producing assets help us build a life that we don't have to postpone. The entire conventional life plan, the whole thing, just never felt right to me. Intuitively and rationally, deep down, you know, think to yourself: Doesn't at least some part of you feel that way too? Thank God that I found real estate. I don't love it. I love what it does for me. You've got to love what it does for you.   Keith Weinhold  9:54   One attribute that your income property gives you is control. So. With that in mind, I put together the top five ways to increase your rental property income countdown style from number five to number one. Since you do own an asset that you can control, so we're talking about giving your rental property a raise here, and you know your property does not even need to appreciate in order for you to make it more valuable, your property doesn't need to sit around waiting for the market to appreciate like it's waiting for a promotion from corporate or something, which always takes too long. You can manufacture more income yourself. So net operating income or NOI, it only has two moving parts. It is property income minus operating expenses. Push income up or pull expenses down, and you've effectively given yourself a raise. Better yet, on an income-valued property like a five-plus unit apartment building, every additional dollar of NOI can create far more than $1 of property value. So here are the top five ways to increase your property's income.   Keith Weinhold  11:10   The fifth best way is to add ancillary income, because monthly rent it's not the only asset inside your property. Now, depending on what property type you have and what the local laws are, you can charge for pets, parking, storage, laundry, furnishings. You can charge for internet packages, utility reimbursement, reserved garages, upgraded amenities, or you can even charge in some cases for application, administrative, or lease break fees. The best ancillary income it provides something that the resident genuinely values. We're here to serve and give value to others. Importantly, it should feel like an option for your tenant with these things, not some toll booth placed between the tenant and their front door. We know how annoying it is to have a tip screen swung around and placed in your face. Even an additional 25 or $50 per unit each month that can become meaningful across several properties. The fourth best way is to cut your controllable operating expenses, and you know what most investors do, and it is easy to fall into this, and I certainly have too at times. You know, most investors they carefully negotiate the property's purchase price at the beginning, and then they spend years casually accepting every recurring bill, audit your expenses rather than just accepting last year's cost plus inflation.   Keith Weinhold  12:49   So closely look at your property management fees, landscaping and snow removal, pest control, cleaning, trash service, water consumption, and any leaks that you might have. Common area electricity, repair labor and material markups, service contracts, and preventive maintenance. Gosh, I really lost a lot of money in pest control one time when the pest would just move from one apartment unit to the other, and we just couldn't get it trapped or stopped. Loyalty is admirable in marriage. It is less compelling when your landscaping company raises its price 14% every year. So solicit competing bids, consolidate your vendors where you can, install efficient fixtures where the payback period makes sense and where the break-even math works. But now, don't confuse expense reduction with maintenance neglect.   Keith Weinhold  13:53   That is one danger. So you know, if you delay a $300 repair until it becomes a $3,000 emergency, well, that really doesn't increase your NOI. It merely makes this month's numbers lie. Now, as I tell you about this list, you might think sometimes, "Oh, I've heard of that one before. Okay, but yeah, are you actually doing it? The third best way to increase your property's income is to challenge taxes and shop insurance because property taxes and insurance they are really among your property's largest operating expenses. So therefore, if you get good at this, you can both increase your net income and you will have gained a new skill that you can apply later and elsewhere. Yet you know a lot of owners they treat property tax and insurance sort of like the weather. They complain about them and then they just assume that nothing can be done. Possible moves that you can make are appealing in excessive property tax assessment, correct inaccurate property records. You can compare insurance carriers as often as annually. Adjust your deductibles when it's appropriate. Be sure you remove redundant coverage. Make sure that there's no overlap there. You can add safety or resilience improvements that qualify for insurance discounts, and then at the same time, sometimes that improves your property's value. You can check the property's classification and claims history for any errors there. So you know every legitimate dollar saved that flows directly into your NOI, your net operating income. Remember, mortgage payments though they do not factor into NOI. Neither do major capital expenditures. Refinancing can improve your cash flow, but that does not increase the property's NOI, and that's what we're talking about today. But when it comes to property tax appeals, you remember a while back on the show, perhaps a year ago, I went into detail on just how you can do that.   Keith Weinhold  16:00   Now we're up to number two. The second best way to increase your NOI is to raise rents intelligently, and really this is the most obvious strategy. But it isn't as simple as typing a larger number into your renewal letter and then just sort of hoping that your tenant doesn't notice. Bring rents closer to market without automatically chasing the absolute maximum. That can include gradual increases at renewal, premiums for upgraded units. How about a premium for the unit with the best view? If you have one of those, higher rent for furnished units, appropriate charges for garages or shorter lease terms. I mean, shorter lease terms, like a six month instead of a 12 month, that can get you a bump up in the rent. Be sure to eliminate any unnecessary concessions, like the first month's rent is free. Do you really have to continue to do that? And use better listing photos and copy to support higher rents. It's easy to have AI write some good snappy copy for you today. So the objective here is economic occupancy, not merely the highest advertised rent, because raising the rent $100, if that's going to create an extra month of vacancy that is stepping over dollars to pick up dimes. Know the market, understand the tenant, and make increases that improve NOI rather than merely improving the asking price for the REM. And the top way, the number one way to increase NOI is reduce vacancy and turnover. Yes, you might have heard that before, but it is still the most overlooked NOI lever, even though it's number one. An occupied unit at a sensible rent that often produces more income than an overpriced empty one.   Keith Weinhold  17:58   The way to improve your occupancy is by you starting renewal conversations 60 to 90 days before that lease comes due. Respond quickly to maintenance requests. I mean, few things frustrate a tenant more than a ceiling that is leaked for a month. Pre-market an upcoming vacancy that you have. Start that process early. Complete your turns faster, screen residents carefully, and unless you're in an especially hot market, consider offering renewal incentives when turnover would cost you substantially more than doing that. So there are a bunch of ideas for reducing vacancy and turnover. Another one, more of a modern-day one, is for you to buy and operate new build property because tenants tend to stay in new builds longer. They love that feeling that no one has ever lived there before. Suppose a unit rents for $1,800 a month. All right. Well, then one vacant month costs you $1,800 before cleaning, repairs, utilities, advertising, and leasing expenses. So the true cost of that turnover could easily be three or $4,000. And when you consider that, then giving a good resident a $250 one time renewal incentive that doesn't look generous that looks profitable for you. Keeping a responsible tenant, you know that might be the biggest quote unquote rent increase available. Just simply keeping a responsible tenant because occupied properties produce income, and empty properties produce invoices.   Keith Weinhold  19:48   Now that I've told you about the five ways to increase your property's income, let me give you some more motivation for this. It's about how $250 can become 50. $1,000. Suppose you select just a few of these five improvements, and say that that increases your NOI by just $250 per month. Okay, that's nice. That's cash in your pocket, and if you happen to apply it to a five-plus unit apartment building, since it's also valued on NOI. You take 250 bucks times 12. That is $3,000 a year at a 6% capitalization rate. Take 3000 divided by point 06. That is $50,000. You just created 50k of additional property value from only $250 of monthly NOI creation. Yeah, you are up 50k now, and here's the thing: you did not do anything that substantial. It's not like you added another story to a property, or you discovered oil underneath your parking lot, or you convinced a celebrity to move in. Okay, these are practical things that you can do in control. You simply operated the property better, and this forced appreciation relationship that applies most directly, though, to commercial and larger multifamily properties because those are the types that are valued based upon their income. A single-family rental or a duplex or a fourplex that is generally appraised primarily through comparable sales. So its higher NOI might not immediately produce the same increase in appraised value, but in either case, higher NOI it still means more cash flow for you, a stronger financial cushion, and a better performing investment. The bottom line here is that you can wait for the market to increase your property's value, or you can operate the property better and create value yourself, raise income, control expenses, and keep good residents. That is how you improve NOI without increasing your blood pressure.   Keith Weinhold  22:10   Coming up on the next few shows, we're going to speak with the original co-author of the book Rich Dad Poor Dad. Yes, we had Robert Kiyosaki on here earlier this year, but we're going to talk with the co-author alongside Robert Kiyosaki. A lot of people don't know who that is. That is going to be interesting on another upcoming episode. The man that wrote the book on the 8020 rule called the Pareto principle, he will be here. That's where 80% of the results come from. 20% of the effort. So here on GRE, there's a lot of education, strategy, and mindset coming up straight ahead today. When stocks crash, what happens to real estate? That's next. I'm Keith Weinhold. You're listening to Get Rich Education. 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. In full disclosure, I'm an investor myself.   Keith Weinhold  23:27   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 to 66866. What if you got your mortgage loans the same place I get mine. You sure can at Ridge Lending Group NMLS 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.   Kirsten Tate  24:31   This is author Kristen Tate. Listen to Get Rich Education with Keith Weinhold, and don't quit your daydream.   Keith Weinhold  24:49   Welcome back to Get Rich Education. I'm your host Keith Weinhold, and this is episode 625. AI songs are becoming more popular. Fortunately. AI podcast hosts-they really aren't that much of a thing yet, or else I might not be here. Thank goodness that listeners still want to hear from a real person. When stocks crash, what happens to home prices? Since 1980, there have been 10 or more major stock downturns. Guess how many of those cause national home prices to crash? Exactly zero. Now there was one pretty enormous housing decline, but that one started in housing. And what happens next? It reveals something that every real estate investor should understand a lot like real estate right now. Stocks are hovering near their all-time highs. Okay, both major assets, real estate and stocks, bumping up against all-time highs. There is a predictable rhythm about what happens to real estate when stocks crash. Now, when we look at stocks' seven big downturns that occurred just this century, as measured by the S&P 500, you know, first a lot of people think that stocks are overvalued here in the late 2020s. That is based on measures like the historic P/E ratio, the Shiller cape ratio, and the Buffett indicator. I mean, some investors are just disillusioned by how stocks' movement makes so little sense anymore. For example, when the latest labor number showed that 162,000 jobs were added in a month. That tripled expectations. I mean, people should have been like, "Hey, go USA! This is great. People are employed. All that. Nope. The stock market fell specifically in response to that. Why? Because strong employment increases the chances of higher interest rates, and sure enough, the Fed did then raise rates.   Keith Weinhold  27:09   Oh, geez, what? So a labor market collapse is then bad for America, and that's good for stocks. Yes, that is how it works. That is just stupid. So, with that context in mind, let's see what actually happened to national home prices this century during all the major stock market downturns that were not caused by housing, and then we'll get back to housings. Okay, during the dot-com bust in 9/11, that whole period about 25 years ago, stocks again. This is all per the S and p5 100 crashed 49% Home prices were up 23% during that time. We'll get back to the global financial crisis shortly. During the 2011 debt ceiling crisis, do you even remember that stocks went down 19 percent. Home prices went down just slightly, 1 percent. During the 2018 Fed tightening and trade war sell-off, stocks were down 20 percent, a classic bear market. Home prices were up 1 percent. Then came COVID. In barely a month, stocks plunged a jaw-dropping 34% This was in 2020. It was like a flash crash. What happened to home prices then? They were up 1% just a little. So, are you beginning to see a pattern, or perhaps a lack of one here during 2022's inflation peak and Fed tightening bear market stocks fell 25 percent. Home prices they were up 4% during that time period, and then during the 2025 tariff sell-off, you might remember Trump called that Liberation Day. Stocks were down 19 percent. Home prices. were essentially unchanged.   Keith Weinhold  29:06   All right, so there they were: six major stock market downturns this century, not one housing crash. All right, now let's turn the telescope around because 2008 was different since the crash was real estate induced, and it is the only time in the life of you or I or anyone alive today, even a 90-year-old, where national home prices took a significant fall. In fact, they were down 27 percent, and it took them a few years to fall that much. All right. Well, what did stocks do during this period? They fell even more, down 57% more than twice as much, 57% I mean, just imagine having a million-dollar stock portfolio and seeing its value cave in, down to 430k from a million. Okay, that's what really happened march 6, 2009, when the S and P hit its global financial crisis low, and that happened over a 17 month stock collapse. Okay, so what's really the summary? It is that in the six times that stocks led a price crash this century. Real estate held up, or it rose, and the one time real estate led the crash, stocks fell more than twice as much.   Keith Weinhold  30:31   It was 27 %versus 57%. All right. Well, that is what's happened this century. But you know this cause and effect relationship or lack thereof, that didn't just begin happening in 2000. When we stretch the history back to 1980, which is Jimmy Carter, almost Ronald Reagan era days, stocks had four more big downturns. We had the Volcker Bear Market, the famous 1987 Black Monday stock market crash, the Gulf War sell-off, and the LTCM crisis. During those four stock crashes, home prices also either stayed resilient or they rose. All right. Well, all of this is because homes and stocks, you know, they just aren't connected by some push and pull relationship. Stocks reprice in seconds. Fear spreads. Algorithms sell, and billions of dollars can disappear before lunch. Instead, housing moves more like a cargo ship that you're trying to turn around in the Mississippi River, it can take a long time. Housing transactions take months. Prices depend on local supply and local incomes, and mortgage availability, and whether homeowners are actually forced to sell. Housing provides something that every human actually needs and cannot be easily disrupted by AI. I mean, AI still cannot download a three-bedroom house onto a vacant lot. And of course, during any stock crash, what else happens with real estate? Your rent just keeps coming in as well. So the bottom line here is we're learning from history rather than having a hunch again. Home prices don't react to stock market crashes. Stock crashes and housing downturns are different events.   Keith Weinhold  32:32   A falling stock market it can eventually weaken consumer confidence. In in a severe recession, some of that can trickle in and affect housing, but history shows that a stock crash alone has not caused national home prices to fall. When stocks scream, real estate just kind of shrugs. Now, as we get back to talking about today, with real estate being cash flow challenged, you usually need a deal in order to make the numbers work. And as we know, for more than two years now, it has been wise to buy new build property and have that home builder buy down your mortgage rate rather than getting a property price discount. And do you realize that it actually works out better for you in almost every case for you to get your rate bought down than it is to get a discount. Yeah, it is often substantially better. Let's just think about an example. Say you're putting a 20% down payment on a 300k property at a seven and a half percent mortgage rate. Okay, let's compare your seller discounting the purchase price by 20k versus them instead using 20k to buy down your mortgage rate. All right, in the first scenario, let's call it then a purchase price reduction. The seller reduces it from 300k down to 280k. Your monthly payment would be 1566 $1,566. All right. Well, then your monthly savings from the price discount would be $112. You would also need 4k less for the down payment. Okay, 112 bucks a month is helpful to you.   Keith Weinhold  34:18   That might buy you dinner for two at the Olive Garden or something, at a wildly overpriced airport convenience store. By the way, this is a bottle of water and one almond, 112 bucks. Okay, but now let's compare it with the second option. If instead of a price discount, you pay the full 300k and use the 20k as a seller credit, a credit from the seller, and you use that to permanently buy the mortgage rate from seven and a half down to five and a half percent. In this case, even though it's a larger amount financed, your monthly payment is no longer 1566. It's just 1363, so your monthly savings is no longer 112 bucks. That Olive Garden dinner for two, it is 315 bucks. So therefore, using the seller credit instead of reducing the purchase price that ups your monthly cash flow by about 203 bucks. All right, and this was just an illustration. It's not a universal lender rate sheet carved into a stone tablet. But the larger lesson remains. Okay, terms are often more important than price. Negotiate the financing. That is the lesson. And of course, you can try to use this most anywhere with any seller, but it's been especially popular with American home builders for two plus years now.   Keith Weinhold  35:47   The bottom line is that the best deal isn't always the property with the lowest price; it is the one with the best financing, and it's one of the strategies that Mid South Homebuyers is going to offer on Wednesday night's webinar just two days away, and there's no negotiation needed. They are offering this, and it's where I'm going to be appearing live, and you're invited to join us from the comfort of your home or a coffee shop or wherever you are. So we're talking about properties in Memphis, Little Rock, and North Texas. New build properties for as little as about 200k, and some fully renovated resale properties for as little as 150k, and even less than that. Now, low price isn't reason enough to own an income property, but it's the fact that you get a strong rent in a stable market to support that, and they're offering what they call their triple five terms. They'll buy your mortgage rate down into the fives and provide property management for just a 5% fee for five years. And I just learned that for attendees of Wednesday night's event, they will even announce a promo code there, and you will get triple five terms for life on both financed and cash deals.   Keith Weinhold  37:12   And you know, I've got to say that when I began in real estate investing, I wish that any of this would have existed. Like when I began, I wish there even would have been new build property available. They just didn't even have that for income property when I started out. And the fact that it's managed for you from day one, I didn't know about that when I started out. I thought I had to invest only in my home market and then manage it myself. And here you get investor advantaged geographic markets, and then if that's not enough, you get that rate buy down into the fives and property management costs. It's basically cut in half to help improve your property's cash flow, and you can almost think of this as lifetime cash flow. You get to control a sustainable business model that's resistant to AI disruption, and yeah, it's sustainable. I mean, people will pay you to live there. That has happened for centuries. It's sort of the opposite of a cryptocurrency that will not exist in two years. It happens Wednesday night. You'll get to see me live along with the renowned providers from Mid South Homebuyers and their properties and their generous incentives and all the new AI investment that's acting as a tailwind coming into Memphis. Registration is free at getricheducation.com/midsouth. It's 8p.m. Eastern on Wednesday night. I'll see you there, getricheduceducation.com/midsouth. Until next week, I'm your host Keith Weinhold. Don't quit your daydream.   Speaker 2  38:57   Nothing on this show should be considered specific, personal, or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of Get Rich Education LLC exclusively.    Keith Weinhold  39:25   The preceding program was brought to you by your home for wealth building. Getricheduceducation.com  

FBN Finance was built around the idea that agricultural borrowers should have more of the transparency and convenience consumers have when shopping for financing. Dan explains that FBN combines a digital application process and visible pricing with agricultural credit professionals who understand the complexities of farm operations. That becomes increasingly important as farmers navigate higher borrowing costs and become more cautious about how much debt their operations can sustainably support. For farmers with a farmland loan approaching a rate reset or balloon, Dan's advice starts before shopping for another lender: read the documents you already signed. Understand when the rate resets, whether there's a cap, what rate it would reset to today, and whether you can move between variable- and fixed-rate products. Starting early gives borrowers more time to compare alternatives and avoid getting trapped by deadlines, fees, or unfavorable terms. The conversation also explores buying farmland in today's environment. Strategic parcels may only become available once in a generation, but higher rates make cash flow and leverage increasingly important. Farmers hoping to purchase their first or next farm can improve their readiness by maintaining an updated balance sheet, filing tax returns promptly, checking their credit, knowing all of their assets and debts, and developing realistic projections based on today's commodity prices—not optimistic assumptions. FBN also offers prequalification options so a borrower can be positioned to move quickly when the right property becomes available. For operations already feeling financial pressure, the discussion gets more difficult but practical: evaluate whether every piece of equipment is necessary, understand profitability on owned and rented acres, examine grain-marketing opportunities, and prioritize the most expensive debt. Dan's recurring message is that time creates options. Whether you're refinancing, trying to buy the neighboring farm, or attempting to right-size an over-leveraged operation, addressing the situation early generally gives you more choices than waiting until a payment or maturity date forces the decision. Want Farm4Profit Merch? Custom order your favorite items today!https://farmfocused.com/farm-4profit/ Don't forget to like the podcast on all platforms and leave a review where ever you listen! Website: www.Farm4Profit.comShareable episode link: https://intro-to-farm4profit.simplecast.comEmail address: Farm4profitllc@gmail.comCall/Text: 515.207.9640Subscribe to YouTube: https://www.youtube.com/channel/UCSR8c1BrCjNDDI_Acku5XqwFollow us on TikTok: https://www.tiktok.com/@farm4profitllc Connect with us on Facebook: https://www.facebook.com/Farm4ProfitLLC/Farm4Profit Media is not a financial, legal, or tax advisor. Content is provided for informational purposes only, and we serve solely as a platform for third-party opinions. Any actions taken based on this content are at your own risk. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Mortgage rates today are jumping toward 7.5% as oil prices surge over 4% and the mortgage bond market drops 38 ticks. I break down the bond market, inflation data, and Federal Reserve rate hike odds so homebuyers, homeowners, and realtors know what to expect.In this episode of The Rate Update:

Send us Fan Mail#330The Bank of England held its base rate at 3.75% this month, but that didn't stop UK mortgage rates from climbing.Shaz Ahmed of Elan Property Finance joins me for our regular Mortgage Monday update, and the average fixed rate has now crept up to around 5.59%, from 4.9% at the start of the year.If you're assuming a steady base rate means steady borrowing costs, this episode explains why that assumption doesn't hold.Register your Rental Property Service (Landlord Scheme)ExpatPropertyStory.comCheck out our shorts on YouTubeOur WhatsApp  groupProperty Engine discounts (Code: EXPAT)Starter: 30 day trialPro: 30 day trial/3 mths 1/2 price, Ultimate: 1/2 price 3 monthsGoalsettingLeave a review37 Question Due Diligence Checklist / Auction GuideOur Sponsors: Finnigan McNeill Property GroupWe discuss:Why UK Mortgage Rates Are Rising While the Base Rate Stays PutThe base rate vote itself was closer than the headline suggests, coming in at 6 to 3, with three members pushing for a rise to 4%.Inflation moved the wrong way too, up from 2.9% in July to 3.1% in August.Shaz points to SONIA swap rates as the real driver behind higher fixed mortgage pricing, even with the base rate unchanged.Lenders are also layering on substantial arrangement fees, which adds to the overall cost of borrowing.A Sluggish Mortgage MarketEnquiries and completions are still happening, but Shaz describes the pace as noticeably sluggish.Borrowers seem to be holding off, hoping rates fall or a better deal turns up.That hesitation is shaping deal timelines across the market, not just at the edges.The Hidden Cost of RefinancingHomeowners are reportedly paying an average of £840 more a year when they refinance, according to a Financial Times figure discussed on the show.Shaz explains how this can happen even to borrowers who've paid down their balance and seen their property's value rise.A lower loan-to-value and less debt can still mean an extra £200 to £300 a month once a new fixed rate kicks in.Landlord Registration Fees Under the Renters' Rights ActA new landlord registration database is coming, and it's priced per property rather than per landlord.At £65 per property per year, portfolio landlords will feel this far more than owners with a single let.Registration rolls out region by region, starting in the West Midlands in December 2026 and reaching the South West by August 2027.Shaz expects at least some of that cost to be passed on to tenants through rent reviews.The South Wales Affordability GapNational data suggests rents are outpacing house prices, but the picture on the ground in South Wales tells a sharper story.In Newport, a decent three-bedroom property now starts around £350,000, with four-bedroom homes pushing past £500,000.Incomes in the area haven't kept pace, and that gap is only becoming more visible.A £175,000 Property Bought for £12,000Shaz walks through a creative deal built around a reassigned purchase lease option.The original option holder sold her position for £6,000 after deciding to relocate abroad.The new buyers are purchasing at the £105,000 option price against a £175,000 valuation, putting in roughly £12,000 once fees are included.A bridging loan against the uplifted value covers the rest, with a light refurbishment and refinance planned after six months.Key TakeawaysUK mortgage rates can rise even when the Bank of England base rate doesn't move, so watch swap rates rather than headlines alone.Refinancing costs are catching out even well-positioned borrowers, and it's worth budgeting for an increase regardless of your loan-to-value.Landlord registration fees are coming on a per-property basis, so portfolio landlords should plan for this now rather than at rollout.

Mortgage rates jumped from 7.17% to 7.45% in just 48 hours this week, and I'm breaking down exactly why. Hot Services and Manufacturing PMI inflation numbers on Wednesday spooked the bond market, and here's what it means for your rate, your budget, and next week's Fed data.

Mortgage rates today are about 7.25% after hot inflation numbers hit the bond market, and the Federal Reserve now has a 70% chance of a rate hike priced in. I break down what it means for your payment and what to watch next.If you're a homebuyer, a homeowner tracking your rate, or a realtor explaining this to clients, here's what I cover today:

Mortgage rates today are moving because of the bond market and oil prices, not the Federal Reserve. Here's what really affects mortgage rates and why homes are still so unaffordable.If you're a homebuyer, realtor, loan officer, or homeowner watching where rates go from here, I break down the mortgage bond, inflation, oil, and the Fed in plain English, with the real numbers.IN THIS EPISODE

Mortgage rates, inflation, and the bond market are all reacting to oil prices and this week's Federal Reserve outlook. In today's video I break down the MBS bond market, the jobs report, and the 10 Year Treasury to help you decide if now is the time to lock in your mortgage rate, refinance, or keep waiting.

Kymrie Turner of America First Credit Union explains what's driving a surge in auto loan refinancing and how borrowers may be able to lower monthly payments or find loan terms that better fit their budgets.

Sep 18, 2026 – Financial Sense Wealth Management's Jim Puplava examines the dramatic rise in interest rates and the “refinancing shock” facing the US, as trillions in government debt must be renewed at significantly higher yields. He explores how...

Mortgage rates went down after the Federal Reserve raised interest rates a quarter point. Here is how the bond market, oil prices, and inflation really control your mortgage rate, and what homebuyers and realtors should do next.I walk through the mortgage bond chart I check every morning, what the Fed actually controls versus what moves your rate, and why oil is the real inflation problem.

Mortgage rates, inflation, and the bond market all moved fast today after the Federal Reserve raised rates a quarter point, its first hike in three years, then handed markets a dot plot that caught everyone off guard. In this episode I break down why rates plunged after the Fed's press conference, what today's jobless claims and building permits numbers tell us, and why oil prices are still the biggest risk for another rate hike.

September 16, 2026 — The Federal Reserve raised rates again today. But Zach Abraham and Chase Taylor argue the bigger story may be the borrowing costs businesses still haven't had to refinance into yet. They examine the coming refinancing cycle, why loans written in the cheap-money era may reset at dramatically higher rates, and where that pressure could begin showing up in construction, housing, small businesses and corporate credit. Zach and Chase also break down the Fed's new economic projections, the outlook for additional rate hikes, why the historical small-cap playbook may be changing, and the latest developments in global oil flows.FREE LIVE WEBINAR — THE GAME PLANJoin Zach Abraham live October 1 at 3:30 PM Pacific for The Game Plan — a free webinar on the market risks shaping the rest of 2026, including inflation, energy, interest rates, AI spending, and what investors should be watching next. Register free at KnowYourRiskPodcast.comSchedule your complimentary Know Your Risk Portfolio Review at KnowYourRiskRadio.com

Mortgage rates, inflation, and the bond market are all reacting to one thing this week: oil above $100 a barrel and the Federal Reserve's rate decision. Here's what the Fed is actually watching, and why mortgage rates could still fall even if they hike.

Mortgage rates jumped to 7% this week after hot inflation data, and the Federal Reserve now has a 70% chance of raising rates at next week's meeting. I break down this week's CPI and PPI reports, what the bond market is doing right now, and why oil prices are the number to watch next.

Borrowers are switching lenders in search of better deals while proposed trust tax changes could force investors to rethink how they structure their property wealth. On Property Buzz, Phil Tarrant is joined by Julian Barnes to break down the biggest developments across banking, mortgage lending, and property finance. The pair look at AI's growing role in banking and what it could mean for mortgage brokers, despite brokers now accounting for 81.6 per cent of the home loan market. They also discuss the surge in refinancing, with 1,800 borrowers switching lenders each day. The conversation then turns to proposed trust tax reforms, including a 30 per cent minimum tax on discretionary trusts and changes planned for 2028, which have left advisers working through the potential impact. With inflation, unemployment, and interest rate uncertainty adding to the pressure, the pair consider what these changes mean for borrowers and property investors.

Borrowers are switching lenders in search of better deals while proposed trust tax changes could force investors to rethink how they structure their property wealth. On Property Buzz, Phil Tarrant is joined by Julian Barnes to break down the biggest developments across banking, mortgage lending, and property finance. The pair look at AI's growing role in banking and what it could mean for mortgage brokers, despite brokers now accounting for 81.6 per cent of the home loan market. They also discuss the surge in refinancing, with 1,800 borrowers switching lenders each day. The conversation then turns to proposed trust tax reforms, including a 30 per cent minimum tax on discretionary trusts and changes planned for 2028, which have left advisers working through the potential impact. With inflation, unemployment, and interest rate uncertainty adding to the pressure, the pair consider what these changes mean for borrowers and property investors.

Borrowers are switching lenders in search of better deals while proposed trust tax changes could force investors to rethink how they structure their property wealth. On Property Buzz, Phil Tarrant is joined by Julian Barnes to break down the biggest developments across banking, mortgage lending, and property finance. The pair look at AI's growing role in banking and what it could mean for mortgage brokers, despite brokers now accounting for 81.6 per cent of the home loan market. They also discuss the surge in refinancing, with 1,800 borrowers switching lenders each day. The conversation then turns to proposed trust tax reforms, including a 30 per cent minimum tax on discretionary trusts and changes planned for 2028, which have left advisers working through the potential impact. With inflation, unemployment, and interest rate uncertainty adding to the pressure, the pair consider what these changes mean for borrowers and property investors.

Mortgage rates are pushing toward 7% today as hot inflation data raises the odds of a Federal Reserve rate hike at next week's meeting. In this update I break down today's PPI report, rising oil and diesel prices, and what the bond market is signaling for your mortgage rate right now.

Is the Mortgage Refinance Non-Existent Today? Navigating Debt Consolidation OptionsThe financial landscape has shifted dramatically, leaving many homeowners wondering about their options. You might be sitting on a mountain of high-interest debt - credit cards, personal loans, car payments - and feeling the squeeze on your monthly budget. The dream of simplifying your finances and improving your cash flow is strong, but the path forward often feels murky. Does it make sense to refinance your mortgage and roll all that debt into one manageable payment? Or would a second mortgage be a smarter move to free up cash each month? The good news is, while the refinance market has certainly changed, it's far from non-existent. It simply requires a more strategic approach and a clear understanding of your personal financial goals. At DDA Mortgage, we understand these concerns and are here to help you navigate the complexities.Let's face it, the days of historically low interest rates that fueled a refinance boom are largely behind us. For many homeowners, the thought of refinancing might feel like stepping into a cold shower after enjoying a warm bath. Interest rates have risen significantly from their pandemic-era lows, making the "rate and term" refinance - where you simply swap your old mortgage for a new one with a lower interest rate or shorter term - less appealing for a vast majority who locked in rates below 4% (or even 3%). Data from the Mortgage Bankers Association consistently shows a dramatic decrease in refinance application volume compared to 2020 and 2021, reflecting this new reality.However, stating that refinancing is "non-existent" would be a mischaracterization. While the overall volume is down, certain types of refinances, particularly cash-out refinances, continue to occur. Homeowners have accumulated substantial equity in their properties over the past few years, even with recent market adjustments. This equity represents a powerful financial tool that can be leveraged to achieve various goals, including debt consolidation. The key difference now is that the motivation for refinancing has shifted from purely lowering an interest rate to solving other pressing financial needs, such as consolidating high-interest debt to improve monthly cash flow or funding significant home improvements.Tune in and learn: https://www.ddamortgage.com/blogdidier malagies nmls#212566DDA Mortgage NMLS #324329 Support the show

Is Calgary Still a Good Place to Invest in Real Estate? Calgary real estate investors have had an incredible run. Properties that once sold for under $300,000 are now worth significantly more. Rents increased. Investors who bought several years ago benefited from cash flow, mortgage paydown and substantial appreciation. But that creates a different question in 2026: Does Calgary still make sense for someone buying today? In today's episode of the Canadian Real Estate Investing Morning Show, Wayne and Gabby answer a listener who already owns Calgary rental properties and wants to know whether they should buy more, continue holding what they own, or sell. Wayne's answer comes down to one important relationship: The rent-to-price ratio. Property values can continue increasing, but if rents are no longer high enough to support the cost of owning the property, the investment stops functioning as a profitable rental business. Don't Fall in Love With a Market Wayne starts with an important reminder. Being from Calgary is not a reason to invest in Calgary. Loving Calgary is not a reason to invest in Calgary. Having made money there previously is not automatically a reason to buy there again. Real estate investing decisions should be based on the numbers and fundamentals available today. Markets change. Strategies need to change with them. The Difference Between Holding and Buying Today This is one of the most important distinctions in the episode. Someone who bought a Calgary property five years ago may be in an excellent position today. They may have: A much smaller original mortgage Years of mortgage principal paydown Increased rents A large amount of equity Positive cash flow A substantial reserve fund That does not mean someone purchasing the exact same property today will get the same result. The existing owner and the new buyer are working with completely different numbers. The Calgary Investor Who Bought at $280,000 Wayne walks through a simplified example. Several years ago, an investor might have purchased a Calgary house for approximately: $280,000 At 20% down, that investor would have contributed approximately: $56,000 Their mortgage would have been around: $224,000 At the time, similar properties could potentially rent for approximately $1,700 to $1,900 per month depending on the property and neighbourhood. Interest rates were also dramatically lower. The property could cash flow. Then rents increased. And property values increased significantly. That investor may now be sitting on an asset worth well over $500,000 while still carrying a relatively small mortgage. That is an excellent position. Now Buy the Same Property in 2026 The problem is the next investor is not buying it for $280,000. They may be buying it for: $550,000 At 20% down: $110,000 Mortgage: $440,000 Now add today's mortgage rate, property taxes, insurance, maintenance, vacancy and other operating expenses. The same rental income that produces great cash flow for the person who bought five years ago may produce negative cash flow for the buyer purchasing today. That is the problem. The Rent-to-Price Ratio Is Out of Balance Wayne describes the rent-to-price ratio as the relationship between: What the property costs and What the market will pay to rent it. Calgary property prices increased extremely quickly. Rents increased too. But eventually prices outpaced rents. And rents cannot simply keep increasing indefinitely because tenants still need to be able to afford them. Once purchase prices increase faster than rental income, cash flow begins disappearing. That is where Wayne believes Calgary is today for many residential rental properties. Appreciation Does Not Fix Bad Cash Flow Wayne believes Calgary property values can continue to increase over the long term. Residential real estate generally trends upward over long holding periods. But it does not move upward in a straight line. Interest rates change. Oil prices change. Inflation changes. Employment changes. Government policy changes. Immigration changes. Economic conditions change. Investors cannot reliably predict every short-term movement. That is why Wayne does not want to purchase a negative-cash-flow property simply because he believes it may appreciate. The business still needs to work. The $550,000 Example Wayne runs another simple example. Purchase price: $550,000 20% down: $110,000 Mortgage: $440,000 At approximately 4% over 30 years, the mortgage payment alone is around $2,100 per month. Then add approximately: $300+ per month in property taxes $150 or more in insurance Repairs Maintenance Vacancy Other expenses If the market rent is approximately $2,200 to $2,300, the numbers do not work. You are negative before even accounting for several real operating expenses. That is not the type of rental business Wayne wants to buy. Don't Follow the Headlines This is where investors can get confused. They see headlines saying: Calgary prices are increasing. Calgary is appreciating. Calgary is growing. Calgary remains desirable. Those things may all be true. But the important question for a rental-property investor is: Can I buy this property today and operate it profitably at today's price, today's rent and today's financing costs? If the answer is no, rising property values do not automatically make it a good investment. Wayne Is Still Holding His Calgary Properties Wayne makes an important distinction between buying more and selling what he already owns. He is not currently looking to buy more Calgary residential rental properties. But he is also not rushing to sell the Calgary properties he already owns. One example from his portfolio was purchased for approximately: $350,000 Today, Wayne estimates that property is worth around: $575,000 That represents roughly 65% appreciation over approximately five years. Even more interestingly, Wayne estimates the property increased from around $530,000 to $575,000 in the last year alone. That is approximately an 8.5% increase. The property still cash flows because Wayne's mortgage is based on the original purchase price, not today's value. Why Wayne Isn't Refinancing All That Equity That property now contains a significant amount of equity. So why not refinance it and pull the money out? Because increasing the mortgage could destroy the cash flow. Wayne's existing mortgage started at approximately $280,000 and has been paid down over time. Refinancing against today's $575,000 value would dramatically increase the debt and potentially eliminate the profitability of the rental business. So Wayne is comfortable allowing the equity to sit there. The property cash flows. It continues paying down debt. It has a healthy reserve. And it may continue appreciating. That is enough. Calgary Was an Incredible Opportunity Wayne is not saying Calgary was a bad investment. Quite the opposite. For investors who purchased the right properties before prices accelerated, Calgary created exceptional returns. Some properties appreciated 50%, 60% or more over several years. At the same time: Rents increased. Mortgages were paid down. Cash flow accumulated. That combination produced tremendous returns. The problem is that once everybody recognizes the opportunity, capital rushes in. Prices rise. Eventually the original opportunity disappears. The Opportunity Moves Wayne explains this as a pattern. A market has a strong rent-to-price ratio. Investors recognize it. Capital enters. Homebuyers enter. Prices increase. Eventually the rent-to-price ratio gets squeezed. Investors then start looking for the next market where rents still support the purchase prices. Wayne believes this is part of what happened as attention shifted from Calgary toward Edmonton. Edmonton then experienced substantial appreciation as more capital entered that market. Eventually another market may become the next opportunity. The investor's job is to recognize it before everybody else does. Wayne's Answer: Hold Calgary, But Be Careful Buying More For the listener who already owns successful Calgary rentals, Wayne's approach would generally be: Keep the profitable properties. Continue collecting cash flow. Continue paying down the mortgages. Let the equity grow. Be cautious about refinancing if it destroys the cash flow. And wait for the right time to eventually sell. But for someone looking to purchase a typical Calgary residential rental today, Wayne believes it is difficult to find properties that meet the investment fundamentals he teaches. There may still be specific opportunities. But they are much harder to find. The Main Lesson Do not ask: "Are Calgary prices going up?" Ask: "Does this rental property make sense at today's price?" Understand: Purchase price Market rent Financing Property taxes Insurance Repairs Maintenance Vacancy Cash flow Then determine whether the property meets your investment criteria. The goal is not to predict which city will increase the most next year. The goal is to buy a rental business capable of surviving for the next 20 years. Coming Tomorrow A listener asked another important question during today's live show: What do you look for when deciding whether to invest in a new city? Wayne and Gabby plan to tackle that question on tomorrow's Morning Show. REIcon – The Summit Series REIcon takes place in Edmonton this weekend: September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. The Canadian Real Estate Investing Morning Show will broadcast live on stage Saturday morning. Wayne will also be teaching due diligence and pre-purchase analysis. Get your tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on acquisitions, market selection, financing, deal analysis, joint ventures, property management and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's framework for evaluating rental-property cash flow and determining whether a property produces sufficient return relative to your investment. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions for the show: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Oil prices are falling right as this week's biggest inflation reports hit: PPI tomorrow, CPI Friday, and a Federal Reserve meeting next week that will decide what happens to your mortgage rate.

Is Calgary Still a Good Place to Invest in Real Estate? Calgary real estate investors have had an incredible run. Properties that once sold for under $300,000 are now worth significantly more. Rents increased. Investors who bought several years ago benefited from cash flow, mortgage paydown and substantial appreciation. But that creates a different question in 2026: Does Calgary still make sense for someone buying today? In today's episode of the Canadian Real Estate Investing Morning Show, Wayne and Gabby answer a listener who already owns Calgary rental properties and wants to know whether they should buy more, continue holding what they own, or sell. Wayne's answer comes down to one important relationship: The rent-to-price ratio. Property values can continue increasing, but if rents are no longer high enough to support the cost of owning the property, the investment stops functioning as a profitable rental business. Don't Fall in Love With a Market Wayne starts with an important reminder. Being from Calgary is not a reason to invest in Calgary. Loving Calgary is not a reason to invest in Calgary. Having made money there previously is not automatically a reason to buy there again. Real estate investing decisions should be based on the numbers and fundamentals available today. Markets change. Strategies need to change with them. The Difference Between Holding and Buying Today This is one of the most important distinctions in the episode. Someone who bought a Calgary property five years ago may be in an excellent position today. They may have: A much smaller original mortgage Years of mortgage principal paydown Increased rents A large amount of equity Positive cash flow A substantial reserve fund That does not mean someone purchasing the exact same property today will get the same result. The existing owner and the new buyer are working with completely different numbers. The Calgary Investor Who Bought at $280,000 Wayne walks through a simplified example. Several years ago, an investor might have purchased a Calgary house for approximately: $280,000 At 20% down, that investor would have contributed approximately: $56,000 Their mortgage would have been around: $224,000 At the time, similar properties could potentially rent for approximately $1,700 to $1,900 per month depending on the property and neighbourhood. Interest rates were also dramatically lower. The property could cash flow. Then rents increased. And property values increased significantly. That investor may now be sitting on an asset worth well over $500,000 while still carrying a relatively small mortgage. That is an excellent position. Now Buy the Same Property in 2026 The problem is the next investor is not buying it for $280,000. They may be buying it for: $550,000 At 20% down: $110,000 Mortgage: $440,000 Now add today's mortgage rate, property taxes, insurance, maintenance, vacancy and other operating expenses. The same rental income that produces great cash flow for the person who bought five years ago may produce negative cash flow for the buyer purchasing today. That is the problem. The Rent-to-Price Ratio Is Out of Balance Wayne describes the rent-to-price ratio as the relationship between: What the property costs and What the market will pay to rent it. Calgary property prices increased extremely quickly. Rents increased too. But eventually prices outpaced rents. And rents cannot simply keep increasing indefinitely because tenants still need to be able to afford them. Once purchase prices increase faster than rental income, cash flow begins disappearing. That is where Wayne believes Calgary is today for many residential rental properties. Appreciation Does Not Fix Bad Cash Flow Wayne believes Calgary property values can continue to increase over the long term. Residential real estate generally trends upward over long holding periods. But it does not move upward in a straight line. Interest rates change. Oil prices change. Inflation changes. Employment changes. Government policy changes. Immigration changes. Economic conditions change. Investors cannot reliably predict every short-term movement. That is why Wayne does not want to purchase a negative-cash-flow property simply because he believes it may appreciate. The business still needs to work. The $550,000 Example Wayne runs another simple example. Purchase price: $550,000 20% down: $110,000 Mortgage: $440,000 At approximately 4% over 30 years, the mortgage payment alone is around $2,100 per month. Then add approximately: $300+ per month in property taxes $150 or more in insurance Repairs Maintenance Vacancy Other expenses If the market rent is approximately $2,200 to $2,300, the numbers do not work. You are negative before even accounting for several real operating expenses. That is not the type of rental business Wayne wants to buy. Don't Follow the Headlines This is where investors can get confused. They see headlines saying: Calgary prices are increasing. Calgary is appreciating. Calgary is growing. Calgary remains desirable. Those things may all be true. But the important question for a rental-property investor is: Can I buy this property today and operate it profitably at today's price, today's rent and today's financing costs? If the answer is no, rising property values do not automatically make it a good investment. Wayne Is Still Holding His Calgary Properties Wayne makes an important distinction between buying more and selling what he already owns. He is not currently looking to buy more Calgary residential rental properties. But he is also not rushing to sell the Calgary properties he already owns. One example from his portfolio was purchased for approximately: $350,000 Today, Wayne estimates that property is worth around: $575,000 That represents roughly 65% appreciation over approximately five years. Even more interestingly, Wayne estimates the property increased from around $530,000 to $575,000 in the last year alone. That is approximately an 8.5% increase. The property still cash flows because Wayne's mortgage is based on the original purchase price, not today's value. Why Wayne Isn't Refinancing All That Equity That property now contains a significant amount of equity. So why not refinance it and pull the money out? Because increasing the mortgage could destroy the cash flow. Wayne's existing mortgage started at approximately $280,000 and has been paid down over time. Refinancing against today's $575,000 value would dramatically increase the debt and potentially eliminate the profitability of the rental business. So Wayne is comfortable allowing the equity to sit there. The property cash flows. It continues paying down debt. It has a healthy reserve. And it may continue appreciating. That is enough. Calgary Was an Incredible Opportunity Wayne is not saying Calgary was a bad investment. Quite the opposite. For investors who purchased the right properties before prices accelerated, Calgary created exceptional returns. Some properties appreciated 50%, 60% or more over several years. At the same time: Rents increased. Mortgages were paid down. Cash flow accumulated. That combination produced tremendous returns. The problem is that once everybody recognizes the opportunity, capital rushes in. Prices rise. Eventually the original opportunity disappears. The Opportunity Moves Wayne explains this as a pattern. A market has a strong rent-to-price ratio. Investors recognize it. Capital enters. Homebuyers enter. Prices increase. Eventually the rent-to-price ratio gets squeezed. Investors then start looking for the next market where rents still support the purchase prices. Wayne believes this is part of what happened as attention shifted from Calgary toward Edmonton. Edmonton then experienced substantial appreciation as more capital entered that market. Eventually another market may become the next opportunity. The investor's job is to recognize it before everybody else does. Wayne's Answer: Hold Calgary, But Be Careful Buying More For the listener who already owns successful Calgary rentals, Wayne's approach would generally be: Keep the profitable properties. Continue collecting cash flow. Continue paying down the mortgages. Let the equity grow. Be cautious about refinancing if it destroys the cash flow. And wait for the right time to eventually sell. But for someone looking to purchase a typical Calgary residential rental today, Wayne believes it is difficult to find properties that meet the investment fundamentals he teaches. There may still be specific opportunities. But they are much harder to find. The Main Lesson Do not ask: "Are Calgary prices going up?" Ask: "Does this rental property make sense at today's price?" Understand: Purchase price Market rent Financing Property taxes Insurance Repairs Maintenance Vacancy Cash flow Then determine whether the property meets your investment criteria. The goal is not to predict which city will increase the most next year. The goal is to buy a rental business capable of surviving for the next 20 years. Coming Tomorrow A listener asked another important question during today's live show: What do you look for when deciding whether to invest in a new city? Wayne and Gabby plan to tackle that question on tomorrow's Morning Show. REIcon – The Summit Series REIcon takes place in Edmonton this weekend: September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. The Canadian Real Estate Investing Morning Show will broadcast live on stage Saturday morning. Wayne will also be teaching due diligence and pre-purchase analysis. Get your tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on acquisitions, market selection, financing, deal analysis, joint ventures, property management and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's framework for evaluating rental-property cash flow and determining whether a property produces sufficient return relative to your investment. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions for the show: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Mortgage rates are sitting at 6.9% and headed toward 7% this week as PPI, CPI, and the Fed's rate decision all hit. Dan Frio breaks down why this week's inflation data could push rates higher, what an 8-day-out Fed meeting with 60% hike odds means for you, and how oil pushing toward $100 a barrel factors in.Full breakdown and rate tracking on the blog: https://www.therateupdate.com/blog

In this episode, Angel sits down with Ira Fishman to discuss his 12 plus years of experience in multifamily real estate and his extensive experience with joint venture partnerships. Ira shares why he has focused primarily on JVs, how they differ from syndications, and why he prefers having an active role in the properties he invests in. They also explore affordable housing, HAP contracts, the advantages and challenges of the asset class, and the importance of building long term wealth through real estate.Topics CoveredIra Fishman's background in financial services and multifamily real estateThe differences between joint ventures and syndicationsRaising capital through larger JV partnershipsThe benefits of having fewer partners and faster decision makingThe importance of each partner bringing value beyond capitalAffordable housing and Section 8 propertiesUnderstanding HAP, or Housing Assistance Program, contractsHow affordable housing can serve seniors, people with disabilities, and families facing financial challengesThe benefits and challenges of investing in regulated affordable housingWhy Ira prefers a buy and hold strategy Refinancing properties and recycling capital into future investmentsBuilding generational wealth through real estateThe importance of learning from experienced syndicators before entering a new investment strategy Balancing multifamily investments with an existing residential portfolioQuotesI like to be more involved on what's going on in the property, the bigger decision making.”“I'm a firm believer in that. If you hold it for the long term, look at it in 10 years, 20 years from now, it's gonna be worth more.”

Amy Russell has built a seven-figure property portfolio—but with her money continually being reinvested, she still describes herself as “skint”.Her biggest cash-flow scare came from a sourced property bought for £62,500. The refurbishment was expected to cost approximately £20,000 but finished closer to £30,000, with little warning from the project manager. Amy then received an £85,000 valuation—despite the property having a Home Report value of £80,000 before the work began—leaving her needing to find additional money to exit the bridging loan.Amy shares what she learned from the experience, how she built a portfolio of eight buy-to-lets and one serviced accommodation property, and why she may not purchase another standard buy-to-let. She also discusses property sourcing, guaranteed-rent contracts, her first planned flip and the reality of building assets without always having cash available.EPISODE HIGHLIGHTS• How Amy built a medical-device compliance consultancy before entering property• Why she began investing as a long-term alternative to relying solely on a pension• Buying her first Hamilton buy-to-let with cash in 2021• Growing to eight buy-to-lets and one serviced accommodation property• The sourced property bought for £62,500 against an £80,000 Home Report• How a £20,000 refurbishment estimate increased to approximately £30,000• Why poor communication from the project manager created a serious cash-flow problem• Receiving two £85,000 valuations before successfully appealing to £90,000• The additional bridging costs caused by the delayed refinance• Why investors must independently check refurbishment estimates and comparable properties• Amy's Byres Road flat bought for £165,000 and later refinanced at approximately £220,000• Her first planned flip: an £85,000 purchase with a £20,000 refurbishment and targeted value of £140,000–£150,000• Transforming a heavily damaged South Queensferry property bought for £115,000• Refinancing that property at £175,000 after spending approximately £30,000• How a five-year guaranteed-rent contract provides around £1,700 per month• The pressure tactics some property sourcers use to secure fees quickly• Why the most expensive sourcing fees do not always come with the best deal packs• Achieving strong direct bookings and approximately 70%–100% occupancy in serviced accommodation• Buy-to-let versus serviced accommodation—and why Amy wants more cash flow• Her ambition to attract private investment for larger commercial projectsCONNECT WITH AMYAims Property Group: https://aimspropertygroup.com/LinkedIn: https://www.linkedin.com/in/amy-russellphd/Instagram: @aims_property_groupTikTok: @aims.property.groNETWORKING EVENTSFirst Wednesday of every month

Jeremy and Reine from Ironhold discuss their vertically integrated real estate business, which includes asset management, development, a multifamily fund, and a nonprofit arm. They focus primarily on multifamily and hospitality across Texas and the Midwest, with about $70M in development projects and a goal of reaching 10,000+ units by 2030. They emphasize finding distressed multifamily opportunities, strong partnerships, giving back to communities, and using technology to streamline their growing operation.   Learn More in the Blog Article → https://investorfuel.com/blog/vertical-integration-multifamily-buy-box/     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   —--------------------

Key TakeawaysStart planning for your loan maturity 18 months out. That gives you enough time to evaluate your options, negotiate with lenders, and strengthen the property before you're under pressure.Your loan term is not your amortization. A commercial loan might amortize over 20–25 years but still balloon after five years, leaving a significant balance to refinance.DSCR is one of the most important numbers in a refinance. Your payment history helps, but the property still needs enough NOI to support the new debt at today's rates.Higher interest rates can completely change the refinance. Even if your loan balance has decreased, a higher rate can significantly increase debt service and create an NOI gap.Refinancing shouldn't be your only option. Run multiple strategies in parallel: competing lenders, bringing in partner capital, recapitalizing, extending or modifying the existing loan, or potentially selling all or part of the property.You can actively improve your refinance position. Increasing rents, filling vacancies, signing leases, and reducing operating expenses can increase NOI and help the property meet the lender's requirements.Work backward from maturity. Review your loan documents 24 months out, model the refinance and NOI gap at 18 months, improve operations and contact lenders around 12 months, choose your path by six months, and aim to be executing—not deciding—by 90 days out.

Unicus Research CEO Laks Ganapathi warns that the end of nearly two decades of cheap money is creating market nervousness as $40 trillion in U.S. debt needs refinancing. She flags the auto sector as a sign of consumer strain and expects inflationary pressures to persist through the fourth quarter.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

In this episode, we discuss how Most U.S. investment grade and high yield borrowers appear positioned to withstand refinancing costs, but CCC rated issuers face greater pressure as elevated yields meet weaker balance sheets.​‌ The discussion and content provided within this podcast is intended for informational purposes only and may not be appropriate for all investors. Reliance upon information provided in a podcast is at the sole responsibility of the listener. The information included herein is not based on any particularized financial situation, or need, and is not intended to be, and should not be construed as, a forecast, research, investment advice or a recommendation for any specific PIMCO or other security, strategy, product or service. Past performance is not a guarantee of future results. All investments contain risk and may lose value. Investors should speak to their financial advisors regarding the investment mix that may be right for them based on their financial situation and investment objective. Podcasts may involve discussions with non-PIMCO personnel and such content contain the current opinions of the speaker but not necessarily those of PIMCO. Other podcasts may consist of audio recording of an existing PIMCO article and such material contains the current opinions of the manager. The opinions expressed in all podcasts are subject to change without notice. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. This is not an offer to any person in any jurisdiction where unlawful or unauthorized. For additional important information go to CMR2026-0521-5513952-T

Linda Bell of Bankrate pinpoints these hidden costs including a "Seniority Tax" and has tips on what you should look for to help you save money

Peter Schiff breaks down the Treasury's panic move to rescue the bond market, the $40 trillion debt milestone, and gold's $185 reversal day.This episode is sponsored by Noom. The Noom GLP-1 Program starts at $39 and is delivered to your door in as little as seven days. Go to https://noom.com to learn more.This episode is also sponsored by Ground News. Go to http://groundnews.com/schiff to get 40% off the unlimited access Vantage plan and unlock world-wide perspectives on the stories shaping our world.The Treasury just doubled its bond buybacks. Peter Schiff says that's the government admitting the bond market is broken.On the same day the national debt topped $40 trillion, the Treasury announced it is doubling its long-term bond buybacks from $2 billion to $4 billion... buying the bonds everybody else is selling, and funding it by issuing more short-term debt. Peter calls it what it is: a panic move, a Hail Mary to suppress rising yields after the 30-year hit 5.3%, its highest in over 19 years. Refinancing debt locked in at a 3.44% average coupon with 4% T-bills makes no financial sense, which is exactly why it's happening... the government is scared, not stupid.The market rendered its verdict immediately. Gold reversed off a $185 rally to close above $4,500, silver cleared $66, and the miners surged 8-12%, while hawkish FOMC minutes were shrugged off entirely. Peter explains why this Treasury version of Operation Twist forces the Fed to follow with real QE... a program that will have to dwarf 2008's... why Bitcoin's pop above $70,000 is built on hope, and why the housing data shows the panic is justified.Chapters:00:00 Treasury Panic Move01:05 Bond Yields Hit New Highs02:58 Debt Explosion Politics07:00 Treasury Buyback Twist10:23 QE Next And Fed Cornered16:04 Hawkish Minutes Gold Surge24:03 Markets React Unevenly24:20 Dollar Drops Oil Jumps25:08 Fed Inflation Bind26:30 Debt Era Comparison27:40 Jobs Data Media Spin29:17 Bitcoin Versus Metals31:19 Housing Slump Mortgages33:59 Tariffs Canada Trade37:50 Buybacks Won't Work42:26 QE Addiction Ahead44:34 Boat Update FarewellFollow @peterschiffX: https://twitter.com/peterschiffInstagram: https://instagram.com/peterschiffTikTok: https://tiktok.com/@peterschiffofficialFacebook: https://facebook.com/peterschiffOur Sponsors:* Check out Blinds.com and use my code GOLD for a great deal: https://www.blinds.com* Check out Chilipad and use my code GOLD for $255 off: https://sleep.me* Check out Factor and use my code gold50off for a great deal: https://www.factor75.com* Check out Fast Growing Trees and use my code GOLD for a great deal: https://www.fast-growing-trees.com* Check out Plaud AI and use my code GOLD for a great deal: https://www.plaud.ai* Check out Quince and use my code quince.com/GOLD for a great deal: https://www.quince.com* Check out TruDiagnostic and use my code GOLD for a great deal: https://www.trudiagnostic.comPrivacy & Opt-Out: https://redcircle.com/privacy

Check the episode transcript hereABOUT CHRIS SHEPARD Chris Shepard is an experienced real estate investor, property manager, and real estate agent.  He owns property in multiple states and chooses to invest in Portland Oregon.  He has completed multiple 1031 exchanges and cost segregations to maximize the tax benefits of investing in real property.  Chris also holds the principal brokers' license for Uptown Properties LLC and is responsible for its real estate activities.  On top of his state license, Chris holds a Certified Property Manager (CPM) designation from the Institute of Real Estate Management (IREM).  He graduated with a Bachelor of Science in Business Finance at the University of Arizona.  With his extensive background in deal analysis and negotiation, he provides incredible value to this company and its projects. ABOUT SEAN POGGI Sean is the Asset Manager of Uptown Syndication. He graduated from the University of Oregon with a Bachelor of Science in Business Administration and brings over 14 years of leadership experience with Apple Inc. Sean has been actively investing in real estate since 2015, with experience managing both short-term and long-term rental properties, including out-of-state investments. As a passionate Project Manager and Entrepreneur, Sean is focused on driving operational efficiency, overseeing asset performance, and supporting the long-term success of each investment opportunity.   THIS TOPIC IN A NUTSHELL:  Defining the Stabilization Stage in a Multifamily Syndication Lifecycle. When a Value-Add Property Is Considered Fully Stabilized. Refinancing, Permanent Debt & Achieving Sustainable Operations. Maximizing Net Operating Performance Through Occupancy & Rent Growth. Why Vacancy & Tenant Turnover Are the Biggest Threats to Stabilized Assets. Lead Metrics Every Asset Manager Should Track During Stabilization. Creating an Efficient Turnover Process to Reduce Vacancy Loss. Using Pre-Move-Out Inspections to Improve Planning & Execution. Understanding A, C & F Turnover Grades and Their Impact on Asset Performance. Balancing Renovation Costs with Long-Term Property Value Creation. Leasing Strategies for Stabilized Multifamily Properties in a Competitive Market. Navigating Market Concessions, Class A Competition & Oregon Leasing Challenges. Improving Tenant Satisfaction Through Responsive Maintenance & Communication. The Four Pillars of Successful Stabilized Asset Management. Knowing When It's Time to Hold or Sell a Stabilized Multifamily Asset.   KEY QUOTE:   “Revenue is a lag measure. The actions that drive it are the lead measures.”    ABOUT THE WESTSIDE INVESTORS NETWORK   The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.   The Westside Investors Network strives to bring knowledge and education to real estate professionals that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.     We would like to thank our Sponsors: OffsitePros and MyMoneyWorksForMe  #RealEstateInvesting #MultifamilyInvesting #RealEstateSyndication #MultifamilySyndication #ApartmentInvesting #PassiveInvesting #PassiveIncome #RealEstateInvestors #MultifamilyRealEstate #RealEstateProfessionals #AssetManagement #MultifamilyAssets #ValueAddRealEstate #ValueAddInvesting #ApartmentSyndication #RealEstateWealth #WealthBuilding #RealEstateEducation #RealEstatePodcast #InvestingInRealEstate #CommercialRealEstate #RentalPropertyInvesting #PropertyManagement #RealEstateStrategy #RealEstateCareer #InvestorEducation #PassiveRealEstateInvesting #MultifamilyInvestor #ApartmentInvestors #WINPodcast  CONNECT WITH SEAN AND CHRIS: Sean's LinkedIn: https://www.linkedin.com/in/seanpoggi Email: syndication@uptownpm.com Website: https://www.uptownsyndication.com   CONNECT WITH US   For more information about investing with AJ and Chris:  · Uptown Syndication | https://www.uptownsyndication.com/ · LinkedIn | https://www.linkedin.com/company/71673294/admin/  For information on Portland Property Management:  · Uptown Properties | http://www.uptownpm.com ·  Youtube | @UptownProperties  Westside Investors Network  · Website | https://www.westsideinvestorsnetwork.com/ · Twitter | https://twitter.com/WIN_pdx · Instagram | @westsideinvestorsnetwork · LinkedIn | https://www.linkedin.com/groups/13949165/ · Facebook | @WestsideInvestorsNetwork ·  Tiktok| @WestsideInvestorsNetwork ·  Youtube | @WestsideInvestorsNetwork 

Episode Title: Can You Keep the House in Divorce? Mortgage Assumptions, Refinancing & the Mistakes to AvoidEpisode Description: Keeping the house in divorce? Learn how mortgage assumptions, refinancing, home equity buyouts, and divorce-decree wording can affect your future. For many families, deciding what to do with the home is one of the most emotional—and financially significant—parts of divorce. Selling is not always the only answer. Keeping it is not always the right answer, either. The key is getting the right information before your agreement is final.In this episode of Doing Divorce Different, Lesa Koski talks with divorce mortgage specialist Brett Leschinsky about what it really takes to keep the house in divorce. They explain why a low interest rate should not be the only factor in your decision, how a name-delete mortgage assumption works, and why the spouse keeping the home must qualify using post-divorce income and debt.You will also learn the critical difference between being on the title and being on the loan, how missed payments can affect an ex-spouse whose name remains on the mortgage, and why precise divorce-decree wording may influence whether an equity payment is treated as a buyout or a cash-out refinance. Brett also shares when temporarily keeping both names on a loan may work—and why trust, timing, and a detailed exit plan matter.If you are wondering whether you can keep the house in divorce, refinance after divorce, assume your current mortgage, or buy another home before the divorce is final, this conversation will help you ask smarter questions before signing your decree. Listen, save, and share this episode with anyone facing decisions about divorce, real estate, or mortgage financing.Timestamps (approximate)(00:00) Introduction: Can you afford to keep the house in divorce?(02:50) How Brett became a divorce mortgage specialist(07:15) The emotional and financial sides of keeping the family home(09:00) Why higher interest rates changed divorce negotiations(11:45) Mortgage assumptions: where to start and whom to call(15:30) Qualifying with post-divorce income, debts, and debt-to-income ratios(20:55) Why divorce-decree wording matters to mortgage underwriting(23:00) Home-equity buyout versus cash-out refinance(26:00) DIY divorce paperwork and when limited-scope legal help may matter(29:50) Title versus loan: ownership is not the same as repayment responsibility(34:20) Risks of leaving both spouses on the loan after divorce(38:40) Final advice and Brett's mortgage-rate handbookProduction note: Replace these estimates with exact player timestamps after the final audio edit, especially if advertisements or an introduction are added.Key TakeawaysDo not automatically sell the home—or automatically fight to keep it. Compare the full post-divorce cost of ownership with realistic alternatives, including rent.A mortgage assumption is never guaranteed. Confirm that the servicer allows it and learn its underwriting requirements before the divorce is finalized.The spouse keeping the home generally must qualify using post-decree income and debts; servicers may apply different debt-to-income limits.Title and loan responsibility are separate. A quitclaim deed can change ownership, but it does not remove a borrower from the loan.The wording in the divorce decree can affect financing options. Coordinate with a divorce mortgage specialist and legal professional before signing—not after.Guest BioBrett Leschinsky is a Minnesota mortgage consultant (NMLS #334641) who has worked in mortgage lending since 2002 and specializes in home-financing issues connected to divorce. After discovering that traditional mortgage advice did not always fit divorcing families, he committed himself to helping clients and family-law professionals understand assumptions, refinancing, equity buyouts, loan qualification, and timing. Brett has discussed divorce mortgage mistakes on WCCO's Real Estate Radio Hour and has presented educational programs for family-law attorneys.Resource LinksConnect with Brett Leschinsky / Mortgage Forest: https://mortgageforest.com/Contact Brett or request his Divorce Handbook: https://mortgageforest.com/contact/OsteoStrong Minnesota: https://osteostrongmn.com/affiliate-referral-koski/ (affiliate link)Soberlink for Family Law: https://www.soberlink.com/divorce/family-law?utm_source=affiliatelink&utm_medium=referral&utm_campaign=lesa-koski-affiliatelink (affiliate link)Affiliate disclosure: Some links may be affiliate links, which means Lesa may receive a commission at no additional cost to you.Tags/Keywordskeeping the house in divorce, divorce mortgage, mortgage assumption after divorce, refinance after divorce, home equity buyout divorce, divorce and real estate, name delete assumption, remove spouse from mortgage, divorce decree mortgage wording, title versus mortgage, quitclaim deed divorce, buying a home during divorce, divorce financial planning, family home after divorce, divorce mortgage specialist, Minnesota divorce, divorce mediation, Doing Divorce Different, Lesa Koski, Brett Leschinsky

Many people believe today's mortgage rates make it a bad time to buy a home or refinance. But is that actually true?In this conversation, Bill and Sam discuss how COVID changed expectations around mortgage rates and why so many homeowners and buyers are still comparing today's market to the historically low rates of 2020.They break down why focusing only on interest rates can cause people to overlook better financial opportunities, including debt consolidation, home equity strategies, refinancing, seller concessions, and long-term wealth building through homeownership.If you're a homeowner, first-time homebuyer, loan officer, or mortgage broker, this discussion offers valuable insights into today's housing market and the financial strategies that can help people make smarter decisions.Topics Covered:-Mortgage rates-COVID and the housing market-First-time homebuyers-Refinancing strategies-Home equity lines of credit (HELOCs)-Debt consolidation-Seller concessions-Homeownership and wealth building-Mortgage market trends-Financial planningSubscribe for more mortgage broker training, loan officer coaching, housing market discussions, and real-world mortgage strategies from Takers Brokerage.Support the show⚡READY TO BUILD A REAL CAREER IN SALES, MORTGAGES, OR LEADERSHIP?Apply here and choose your track. Already happy with your career? Grab the standalone products and trainings anytime inside the shop.

How can you scale a buy-to-let portfolio without leaving yourself dangerously exposed if the property market changes?In this episode, Nick and Steven discuss the risks of using 80% and 85% loan-to-value mortgages to grow a property portfolio. They explain how arrangement fees, falling valuations and changes to lending criteria could leave highly leveraged investors needing to inject substantial amounts of cash when refinancing.They also share practical ways to reduce risk, including investing in high-demand areas, maintaining cash reserves, stress-testing mortgage payments and using conservative end values. From researching comparable properties to calculating every purchase, renovation and holding cost, this episode explains the due diligence investors should carry out before committing to a deal.TIMESTAMPS00:00 - Scaling buy-to-let safely in a changing market01:20 - The 18-year property cycle and crash predictions03:53 - Why 80% and 85% LTV mortgages raise concerns05:40 - How mortgage fees push leverage even higher07:27 - The refinancing risk across a large portfolio09:22 - BRR valuations and recovering all your money11:23 - Negative equity and product-transfer risks13:37 - Could investors become trapped on a 9% variable rate?14:38 - Investing in high-demand rental areas15:44 - Stress-testing, cash reserves and avoiding overleverage17:53 - Why longer fixed-rate terms can reduce risk18:31 - Due diligence and conservative end values19:21 - Comparing properties accurately21:08 - Testing current demand with listings and estate agents22:22 - The landlord costs investors frequently overlook23:23 - Jobs, regeneration and school performance26:43 - Getting every deal number right28:02 - Purchase costs and property holding costs30:04 - Renovation budgets and choosing quality materials31:40 - Calculating the property's true rental cash flowNETWORKING EVENTSFirst Wednesday of every month

In this episode of Coffee & Cap Rates, Shimon Shkury, President and Founder of Ariel Property Advisors, discussed Ariel Property Advisors' Q2 2026 Multifamily Quarter in Review with Victor Sozio, Founding Partner, and Matt Swerdlow, Senior Director in Capital Services.The trio discussed the performance of the multifamily real estate market during the second quarter of 2022, including:Market Growth: The multifamily market totaled nearly $2.5 billion.Asset Class Performance:Free Market: This segment saw continued rent growth and strong investor competition. Manhattan and Brooklyn remain attractive for these types of assets.Rent Stabilized: This market faces significant struggles, with low trading volumes in outer boroughs like the Bronx, Queens, and Northern Manhattan. Factors contributing to this include a 0% rent increase, elevated interest rates and concerns regarding regulatory risks.Affordable Housing: Project-based Section 8 housing remains a premier asset class due to federal subsidies and stability. It represents about 10% of the overall transaction volume.Financing and Debt:For rent-stabilized assets, borrowers facing maturity are advised to engage lenders early to discuss potential modifications or extensions, as property values have changed significantly.Refinancing and acquisition financing remain available through agencies like Fannie Mae, Freddie Mac, and CMBS, with some deals achieving 70–75% loan-to-value ratios.Future Outlook: The speakers anticipate an active second half of the year, with a strong contract pipeline pointing toward sustained or increased transaction volume in the third and fourth quarters. Despite the challenges in the rent-stabilized sector, there is notable seller motivation to transact if debt-related issues can be resolved.Access the full report here.

The Iran ceasefire cracked this week, oil spiked back up, and that one shift rippled straight through to your rate quote. In this episode, Jeb and Josh break down what's really driving the move (hint: it's not just the Fed), walk through fresh inventory numbers nationally and here in Orange County, and answer live questions on ARMs, refinancing, non-citizen mortgages, and what it would actually take for rates to drop below 5%.0:00 Mortgage rates hit an 11-month high0:22 Why rates reversed: the Iran ceasefire cracks and oil spikes4:38 Inventory update: national numbers, Orange County, and which markets are rising vs. falling11:53 Oil shock and the Fed's growing balance sheet: what's really fueling inflation16:24 This week's data: jobs, inflation nowcasts, and Fed rate cut odds18:16 Today's actual rates: 6.77%, plus the new AI tool on our site21:30 Q&A: mortgages for non-citizens and what a war's end could do to rates27:44 ARM loans: when they make sense, and when they don't34:36 Refinancing to fixed vs. ARM, and the case for renting while you save42:23 Debunking the "housing crash" chatter, market by market46:50 Bond market 101: why yields drive your mortgage rate51:47 What Realtor commissions and closing costs actually look like58:07 What it would take for rates to drop below 5%1:00:37 Wrap up: get your questions answered and next steps✅ Are you ready to become a homeowner? Take the quiz: https://www.buyrightborrowsmart.com/quiz✅ Start your stress-free journey today: https://www.theeducatedhomebuyer.com/start

Discover why mortgage rates jumped but refinancing is up. Are you on track for financial freedom...or not? Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle. If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars. Your compounding rate, and how well you invest, matters!  INVESTING IS WHAT THE BE WEALTHY & SMART VIP EXPERIENCE IS ALL ABOUT - Invest in digital assets and stock ETFs for potential high compounding rates - Receive an Asset Allocation model with ticker symbols and what % to invest -Monthly LIVE investment webinars with Linda 10 months per year, with Q & A -Private VIP Facebook group with daily community interaction -Weekly investment commentary -Extra educational wealth classes available -Pay once, have lifetime access! NO recurring membership fees. -US and foreign investors are welcome -No minimum $ amount to invest -Tech Team available for digital assets (for hire per hour) For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any additional recurring fees. Pay once and you're done! Invest with our successful community for years to come. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP Or set up a complimentary conversation to answer your questions about the Be Wealthy & Smart VIP Experience. Request an appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!). SUBSCRIBE TO BE WEALTHY & SMART Click Here to Subscribe Via iTunes Click Here to Subscribe Via Stitcher on an Android Device Click Here to Subscribe Via RSS Feed LINDA'S WEALTH BOOKS 1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies". 2. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Men love it too! After all, you are Wealth Heirs. :) International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. WEALTH LIBRARY OF PODCASTS Listen to the full wealth library of podcasts from the beginning.  SPECIAL DEALS #Ad Apply for a Gemini credit card and get FREE XRP back (or any crypto you choose) when you use the card. Charge $3000 in first 90 days and earn $200 in crypto rewards when you use this link to apply and are approved: https://tinyurl.com/geminixrp This is a credit card, NOT a debit card. There are great rewards. Set your choice to EARN FREE XRP! #Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.  #Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here. #Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here. Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.  (This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)  

Episode 311: Investors vs. Operators: The Market Is Separating the Two For years, almost anyone could look like a great multifamily investor. Low interest rates, rising rents, and rapid appreciation covered up a lot of mistakes. That market is gone. In this episode, I share why I believe today's environment isn't separating good investors from bad investors—it's separating investors from true operators. I discuss the realities of owning apartment buildings in today's market, including higher insurance costs, rising expenses, refinancing challenges, liquidity concerns, and why operating well has become far more important than simply finding a good deal. I also give a candid update on my own portfolio, including: The latest on two active refinances Why our potential sale of a 28-unit property is likely falling apart Our decision to exit a struggling fix-and-flip The operational changes we're making to protect our investments Most importantly, I explain why buying an apartment building is just an event—but operating one is a career. If you're serious about building long-term wealth through multifamily real estate, this is an episode you won't want to miss. Topics Covered: Why today's market rewards operators Lessons from the current multifamily cycle Refinancing challenges in 2026 Property management and operational strategy Protecting reserves and managing risk Why discipline creates opportunity during difficult markets If you enjoyed this episode, please subscribe, leave a review, and share it with someone who wants to become a better real estate investor. Remember... it only takes a small axe to build a lasting empire.

You can be wealthy on paper and still feel poor in retirement. That's the challenge for many property investors: they're asset-rich, but their cash flow doesn't support the lifestyle they want.   That's why many investors think retirement means selling down the portfolio, paying off the debt, and living on what's left. But what if that's not the smartest strategy? What if the better outcome is keeping your best assets and restructuring around them?   That's what I discuss today with Dorian Traill, Wealth Planner at Metropole, who has been involved in property and finance since the late 1990s.   Dorian brings a rare combination of practical lending experience, strategic property thinking, and a deep understanding of how investors can move from the accumulation stage into retirement without making panic decisions.   Today we're going to discuss how investors approaching retirement can retain as many quality properties as possible by restructuring finance, improving cash flow, and making strategic asset decisions.   And even if you're nowhere near the retirement phase of your journey yet, today's show should be of interest to you to help you how to plan the path ahead.   Join us as we uncover strategies to preserve wealth and enhance your property portfolio.   Takeaways   • Retaining properties can lead to long-term capital growth and inheritance benefits. • Positive cash flow management is more crucial than eliminating debt entirely. • Early planning helps transition smoothly from growth to retirement phases. • Refinancing can turn negative cash flow properties into positive assets. • Interest-only loans can provide flexibility during financial transitions. • Selling underperforming assets can boost overall portfolio performance. • Self-managed super funds offer tax advantages for property investments. • Reverse mortgages can be a tool for accessing home equity in retirement. • Debt recycling can enhance cash flow and investment potential. • Strategic planning aligns financial goals with personal retirement aspirations.   Links and Resources:   Answer this week's trivia question here - https://www.propertytrivia.com.au/ •          Win a hard copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time. •          Every entry receives a copy of a fully updated Michael Yardney Property Report.   Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us.   Dorian Traill – Senior Wealth Strategist at Metropole. https://metropole.com.au/expert/dorian-traill/   Michael Yardney – Subscribe to my Property Update newsletter here   Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au   Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.     About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia   The Michael Yardney Podcast helps Australians build financial independence through strategic investing, wealth creation strategies and smart property decisions.   We go beyond property headlines to discuss:   • Building long-term wealth • Creating intergenerational wealth • Passive income strategies in Australia • Asset allocation and portfolio growth • Financial freedom through property • Strategic investing for professionals and business owners • Risk management and wealth protection • Structuring your investments for capital growth • Money management and financial habits   If you want to move from earning an income to building assets that fund your lifestyle, this podcast will help you think and act like a successful investor.   Discover more insights at:https://propertyupdate.com.auhttps://metropole.com.au

What separates investors who scale from those who stay stuck? In this episode of the Abundance Mindset Podcast (Abundance Thursdays), Vinney Chopra and co-host Gualter Amarelo break down one wealth-building principle that's behind every deal Vinney has ever closed: accept what can't be changed — then create an advantage.   Vinney walks through the real numbers on his Columbus, Ohio hotel: bought for around $11M, undergoing a $25M renovation, converting from a Hilton into a full-service Marriott, and expanding from 195 doors to 230 keys — with a projected exit near $70M. You'll also hear how he turned 1,000 unused lockers into revenue-producing meeting rooms, refinanced his way out of a variable-rate apartment deal in Knoxville, and survived the COVID gut-punch when occupancy on a brand-new hotel fell from 87.5% to 25% overnight.   If you're a real estate investor, capital raiser, or aspiring syndicator trying to build wealth in a high interest rate environment, this conversation is a masterclass in solution-focused thinking. As Vinney says: whenever there's a big wall, there's always a window somewhere — you've got to find the window.   ⏱️ TIMESTAMPS 00:00 – "There's Always a Window": The Mindset Behind Every Deal 00:35 – The Columbus Hotel: A $25M Renovation Into a Full-Service Marriott 01:20 – Accept What Can't Be Changed → 195 Doors Become 230 Keys 02:15 – Estimating a $70M Exit (+ Accredited Investor Disclaimer) 03:00 – What a 506(c) Offering Actually Means for You 03:40 – 1,000 Lockers Into Meeting Rooms: Finding Hidden Revenue 04:25 – The Knoxville Apartment & the Variable-Rate Problem 05:00 – Refinancing the Wall Into a Window 06:00 – Why a HIGH Interest Rate Market Works in Your Favor 07:50 – The Hilton-to-Marriott Flag Change & Marriott "War Rooms" 08:40 – Control the Controllables 09:10 – The Banker Call That Saved $60K Now + $60K Every Year 11:00 – The Exit Plan: Sell, Go Passive, Manage the Managers 13:50 – Hospitality Roars Back + the New Tampa Acquisition 15:00 – Finding an Operator Who Isn't Stretched Too Thin 16:00 – No Capital or No Experience? Partner & Create an Advantage 18:30 – The COVID Gut-Punch: A Hotel Bought December 31, 2019 19:20 – From 25% Occupancy to a $6M → $12M Win 20:30 – Build a Mind That Hunts for Solutions 21:20 – FREE Books & Resources (the "Keep More" Tax Guide) 23:00 – Vinney's Closing Message  

This episode is sponsored by…NCH:Set up an LLC to protect your investments! – https://nchinc.com/rtrBLUPRINT HOME LOANS:Get pre-approved with one of RTR's preferred lenders at - https://bluprinthomeloans.com/renttoretirement/ ROI Property Group:If you are interested in direct lending with ROI Property Group, give Rob Fuller a call at 707-365-6891 to learn more. 12-24 month loan options are available. Let him know that Rent To Retirement sent you! - https://www.roipropertygroup.com/rtrCan a busy physician with a demanding career and two young children realistically build a rental property portfolio? In this episode of the Rent To Retirement Podcast, host Matthew Seyoum sits down with Rent To Retirement investor Colin to discuss how he went from exploring Airbnb investments to owning two long-term rental properties—and preparing for his next acquisition. Colin explains why the operational demands of short-term rentals did not fit his lifestyle, how turnkey real estate helped him invest outside his local market, and why having an experienced team made his second purchase dramatically easier than his first.

Most people look at multifamily real estate and see the benefits: Cash flow. Equity growth. Tax advantages. Financial freedom. What they don't see is everything happening behind the scenes. In this episode, I pull back the curtain on what it's really like to be a general partner operating apartment buildings. I'm currently navigating multiple refinances, property sales, partner negotiations, CapEx issues, lender requirements, insurance concerns, taxes, and acquisition opportunities—all while working multiple jobs and trying to be present for my family. This isn't meant to scare anyone away from real estate investing. It's meant to help you understand the difference between being an active operator and being a passive investor. We discuss: • The reality of being a GP • Why many investors may be better suited as LPs • Managing partner relationships and investor expectations • Refinancing challenges in today's market • CapEx surprises and operational headaches • The emotional and mental demands of ownership • How to decide which role is right for you If you've ever wondered what apartment ownership actually looks like behind the social media posts and success stories, this episode is for you. Connect with me: https://Stan.store/Buybuildings Remember: It only takes a Small Axe to build a lasting empire.

#1017 | It might be the World Cup, but Ed and Jamie talk football finance with Manchester United refinancing $425m of bonds - replacing them with a $550m private placement. Gross annual interest is up, but with the maturity pushed out and some expensive rolling debt replaced, the impact on United's bottom line isn't as serious as some reports. From there, there's some speculation about how the refinancing impacts the new stadium and what United are likely to do on that front. Then the Bloomberg report that some of the Glazers may sell: the control mechanics, the 2027 clauses, and why outside institutional money sits more comfortably in a stadium vehicle than in the club itself. Finally, Amazon's All or Nothing closes the discussion, its marketing upside against the familiar PR risk. 00:00 Intro and World Cup chat 02:26 United's refinancing 12:46 Stadium financing 18:29 Glazer ownership and a possible sale 29:05 Amazon's All or Nothing 35:13 Transfers and Amorim's payoff If you are interested in supporting the show and accessing a weekly exclusive bonus episode, check out our Patreon page or subscribe on Apple Podcasts. Supporter funded episodes are ad-free. NQAT is available on all podcast apps and in video on YouTube. Hit that subscribe button, leave a rating and write a review on Apple or Spotify. Learn more about your ad choices. Visit podcastchoices.com/adchoices