For a continuous supply of fantastic stories, visit Stacey on Substack or Amazon for her books. Striving to bring a giggle and weirdness to your day, this podcast's mission is to feature fantastic writers whose wonderful stories deserve to be heard in audio. And it feeds my love of telling funny stories about life, befuddlement, and the odd adventures in life. I have an affinity for the funny in the mundane, always have. I cataloged my weird adventures at the gym into a one-woman show that you can watch on my YouTube channel. It's entitled Does This Happen to You at the Gym. I got a lot of joy out of that, so I began writing about my adventures, now featured in the serial publication, Channillo. There was no way I could write enough for a weekly podcast, so I began telling funny stories by other writers. And I'm still at it. You can subscribe to Does This Happen to You on YouTube and check out my written Does This Happen to You stories on WordPress or Kris Keppeler on Medium. Visit my website for my audiobook narration/production and voice-over work. You can hire me to narrate your book or your blog. Sign up here for my quarterly newsletter featuring the most downloaded episode of my podcast, and the latest odd but good news I've found from around the world.
More about Lydia and RentCheckMy name is Lydia Winkler and I co-founded RentCheck in 2019. RentCheck is a direct result of a personal problem I faced: when I was a law student, I had to sue my former landlord over a security deposit that was wrongly withheld. I was successful, but realized my problem could be eliminated through the use of technology, and RentCheck was born.We're RentCheck, a venture-backed, New Orleans, LA startup on a mission to make renting fair and transparent.We've built software that serves Renters, Landlords, and Property Managers by providing an easy to use experience for documenting rental properties and by becoming the trusted third-party for security deposit administration. We are an early stage company looking to transform the $100 billion residential real estate industry. Follow Lydia on Twitter Connect with Lydia on LinkedIn Follow RentCheck on Twitter Check out RentCheck
As a homelessness crisis escalates around the country, there's one jurisdiction where the situation is particularly stark. In the wealthiest state in Australia, more than 120 people have died on the streets in the past two years. And while the causes of homelessness are complex, there's no doubt Western Australia's tenancy laws are making things worse: especially when it comes to “no grounds” rental evictions. Today, writer and campaigner Jesse Noakes on the deadly consequences of evictions, and the new push to protect renters. Socials: Stay in touch with us on Twitter and Instagram Guest: Journalist, Jesse Noakes.
When it comes to heating, saving energy and money is accessible to every household. Whether you are a homeowner or renter, whether you care more about sustainability, energy, or cost efficiency you have options. Here are some.
In 2021, we brought you a story from reporter Kori Suzuki about Dahbia Benakli. She was a preschool teacher who lived in Walnut Creek, a suburb in the San Francisco Bay Area. She and her two kids were facing eviction from their apartment. That story ended in an uncertain place, with Dahbia waiting to find out whether or not she'd get to keep her apartment. In December, her landlord took them to court for refusing to leave their home. Across California, the number of evictions is rising. As public health restrictions around COVID have lifted, emergency housing protections like a statewide ban on evictions are also disappearing. And without them, more and more people are getting kicked out of their homes. In an update to the story, Kori Suzuki tells us about what happened to Dahbia and her family. This story is about what this moment is like for a lot of renters right now - and the options you might have if you find an eviction notice on your doorstep.
Oregon beefs up higher education spending, but still lags nation. Beleaguered Oregon Employment Department faced issues far beyond obsolete computers, audit says. Oregon Brewer's Festival returns to Tom McCall Waterfront Park after 2 years Learn more about your ad choices. Visit megaphone.fm/adchoices
On this episode of “Gimme Shelter: The California Housing Crisis Podcast,” CalMatters' Manuela Tobias and the Los Angeles Times' Liam Dillon talk to a tenant and landlord about evictions and rent relief more than two years into the pandemic and after billions in spending. Podcast editing by Victor Figueroa. https://www.linkedin.com/in/vicfig
Richard Waind, Managing Director of BetterHomes joined us to explain their numbers for the first half of the year and what this tells us about where the property market is going. RAKBank has reported a 60% jump in quarterly profit. CEO Raheel Ahmed joined us to explain the story behind the numbers. Plus, Europe has agreed a deal to cut gas consumption, after Russia cut delivery through the Nord Strem pipeline. We find out what it all means for inflation with energy expert Robin Mills.See omnystudio.com/listener for privacy information.
On this episode of OBH we hang with writer/director TJ Kiss! We chat about TJ's projects, past, current, and future. A lot of time was spent talking about TJ's current horror/thriller Renters which is getting ready to come out. He gives awesome insight on the directing process. Check out TJ's links and come hang out!TJ's Links:Kiss It Goodbye Productions YouTube: https://www.youtube.com/channel/UCrgLZ68bco_nwb-AA500vhQRenters Trailer: https://www.youtube.com/watch?v=MAOaQKiPQk4Instagram: https://www.instagram.com/tkiss2426/Facebook: https://www.facebook.com/tkiss24Show links:Our Brains Hurt Website: https://www.ourbrainshurt.com/Our Brains Hurt on Facebook: https://www.facebook.com/OurBrainsHurtRon on Twitter @thecaffeinepunk: https://twitter.com/TheCaffeinePunkMatt on Twitter @MattAlive13: https://twitter.com/MattAlive13Punk Rock Joe: https://punkrockjoe.comPunkBox:Punk Box Website: https://punkboxrox.com/Punk Box Facebook: https://www.facebook.com/punkboxroxPunk Box Instagram: https://www.instagram.com/punkboxrox/MerchSlut links:MerchSlut Store: https://merchslut.com/MerchSlut Facebook: https://www.facebook.com/MerchSlut-103064031228978
The State Government is considering reforms to the Residential Tenancy Act which would give renters more power, including making it more difficult for landlords to evict tenants, and allowing tenants to make slight modifications to a home without needing permission. Michelle Mackenzie, CEO of Shelter WA told Oliver Peterson on Perth Live that these proposed changes are exciting news as she believes renters have not had enough rights in the tenant and landlord relationship. "The rental market as it stands is shocking. We've had members who have had families and individuals contact them for help as they've been evicted and can't find an affordable rental. They're just facing homelessness, so people are doing it really tough," she told Oly. "At the moment we know people who have been good tenants for a very long time, suddenly being evicted and then finding out the rent is going up significantly. What we want to do with this new law reform is to make sure there are prescribed grounds."See omnystudio.com/listener for privacy information.
Australia's property markets have experienced unprecedented demand over the last couple of years, despite tourists not coming from overseas, despite visa holders not coming, visa holders not coming, students not being here, and the borders being closed. And now despite the market cooling, rising costs and supply shortages are causing one of the worst housing crises in history. I don't know about you, but I've been reading about families forced to live out of their cars, in camper vans, and even in tents. And these are respectable people with reliable incomes and good rental history to boot. Today I'm going to share a couple of segments to help you understand what's going on. First, there's a replay of one of my recent Property Insider chats with Dr Andrew Wilson where we share his latest rental reports and what we believe is ahead for rental markets. Then I'm going to share some statistics from the census, including one that created a lot of furore about why there's a housing crisis when about 10% of properties were vacant on census night. I will give you some ideas to help you be a better investor. And of course, I'm going to share my popular mindset message. Links and Resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Dr. Andrew Wilson, Chief Economist My Housing Market Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info Get your bundle of eBooks and reports at www.PodcastBonus.com.au Shownotes plus more here: A bleak outlook for renters is good news for investors with Dr. Andrew Wilson
Stefani Boyd is a second generation bad ass real estate entrepreneur who helps real estate agents gain an edge in this competitive market with her extensive background in mortgage lending and brokerage. [FREE Online Masterclass Training] The 3 Step Lead System To Close Your Next 6 Figures in GCI (From Leads You've Never Met)
This weeks Ask The Angels question is from Eileen and she wants to know how the Renters Reform Bill can impact her rent to rent business.So, here is Eileen's question...“Have you read the Renters Reform Bill published on 16 June?What will it mean for rent to renters?”This is a great question and the best place to start is looking at what the Renters' Reform Bill is.⭐The bill is part of the government's latest white paper – A Fairer Private Rented Sector. ⭐The government describe it as “delivering a fairer, more secure, and higher quality Private Rented Sector”. ⭐It's the biggest changes for the rented sector in the last 30 years.⭐Originally proposed back in 2019, the Renters Reform Bill has been long awaited as it was proposed that it would end the ‘unfair situation' where renters can be evicted for no reason and tackle ‘unfair rent increases'.In this episode I'm going to talk through the details and the impact the bill will have on rent to rent. *Do remember, none of this is law yet, this is what's proposed and it may or may not actually be introduced in law exactly as is. And the government says at least 6 months notice will be given*Visit the episode page to hear the full answer and ask your question!✅ https://rent2rentsuccess.com/ata68 ✅You can have you question answered at✅ https://rent2rentsuccess.com/ask ✅If you're also at the beginning stage and you want the full overview of how all this works.Get your free Rent 2 Rent Success Masterclass & Guide which takes you through the process ✅ https://rent2rentsuccess.com/guide ✅ Support the show
Bill Handel highlights how the soaring of inflation is impacting tenants in Los Angeles as their rent gets hiked despite there being rent control. Also, who's watching the interns while the bosses are taking their Summer vacations? Dean Sharp joins the back half of the hour for this week's edition of Handel and The House Whisperer, where the two talk about consistency across your home when it comes to style and substance.
The winter chill is still with us, and property inspectors are urging landlords to ensure their rentals are warm and dry. Compliance with healthy homes standards is still lagging, more than two years since the law took effect. Advocates say it's leaving renters powerless as they get stuck in drafty, mouldy homes, amid rental shortages. Louise Ternouth reports.
With summer in full swing, vacationers are heading to places like Lake Tahoe. But seasonal workers at vacation spots around the lake are feeling the effects of the rising cost of living. Reporter: Sarah Mizes-Tan, CapRadio Inflation has been hitting Californians at the gas pump and the grocery store. Now many are facing another new expense - double digit rent increases. Reporter: David Wagner, KPCC
Related Links:PiñataFollow Piñata on InstagramLearn more about Lily--Lily Liu's career started out by straddling the lines of technology and government founding PublicStuff, which she sold to Accela which was then acquired by Berkshire Partners. As the CEO of Piñata, Lily has brought to life her vision of creating financial equality for renters. In 2017, she was recognized as Forbes' 30 under 30 Top Entrepreneurs and Business Insiders' People to Watch. Her entrepreneurial leadership allows Lily to address glaring systemic issues in the financial and real estate industries. Learn more at www.lily-liu.com.--To learn more about Maggie and her coaching and speaking services, visit www.maggiegermano.com.The theme music is called Escaping Light by Aaron Sprinkle. The podcast artwork design is by Maggie's dear husband, Dan Rader.
Jonas Bordo is the CEO and Co-Founder of Dwellsy, a free rental listing site where owners and property managers can get high quality leads for free and where renters can find a rental and make it home.In Dwellsy, Renters should be able to find ALL of the rentals, all in ONE place. They should be able to trust that a listing is not fraudulent. And they should be able to quickly distill down to rentals that meet their preferences -- not be driven toward irrelevant listings from paid placement. Owners and Managers should be able to list and lease their vacant units for free. In this episode, Jonas will share why he believes this is great platform to list your rentals and get true results for owners. This can be from single family home to large apartments. CONNECT WITH JONAS BORDOEmail: firstname.lastname@example.orgWebsite: DwellsyCONNECT WITH JONATHANTo connect with Jonathan, you can send email at email@example.com or schedule a time to chat.To learn more about real estate investment opportunities, join the Greystone Capital Investor Network.Thanks for listening and until next time, keep building wealth in Commercial Real Estate!
Today on the Southern California Real Estate Report we talk about a new study from the Bureau of Labor Statistics that shows a growing gap between new renters and existing renters.In current market conditions new renters are paying a lot more to rent that same units compared to renters that have been have lived in the same place for a period of time.There appears to be more movement in the market as things shift from pandemic days."data show gap among new and existing renters." Union Tribune. Somesh JHA, July 12, 2022. Online
Bill Handel talks about President Biden's trip to the Middle East, as he meets with Israeli leaders to focus on Iran's nuclear ambitions. California renters could be in quite the predicament after the eviction moratorium expired. And California insurers are lowballing or denying wildfire coverage - in this heat?!
How will the new white paper affect landlords? This has got to be the most anticipated piece of legislation that landlords have been waiting for, FOR YEARS and it's finally here. The government have laid out their proposals for the Renters Reform in their latest white paper, and it's completely transformed landlord/tenant relationships forever. With news on notice periods, arrears, evictions, rent controls and so much more, we're surprised at how little coverage this huge update has received. Now, it's a very long document, but we've read it and we're going to summarise everything you need to know in today's episode. There's A LOT to cover as this report is going to completely shake up the industry. In the news There's a lot going on in the political world right now, including a new Prime Minister on the horizon, but that's not the only important change we're seeing right now. The UK government has appointed a new housing minister... again. It's not the first time we've seen a reshuffle in the cabinet, and we doubt it'll be the last. But what do Rob & Rob think about new housing minister Marcus Jones? Hub Extra If you couldn't tell, we LOVE a good podcast, and you can never have too many to listen to. We've recommended this one before, but previously Rob & Rob have had to move it off their ‘must-listen' list as the episodes were hours long and, let's be honest, who's got time for that? But now The Tim Ferriss Show has brought out “Monthly Recaps”, it's slipped right back on the radar! All the best bits from the month have been condensed into a shorter format so you can skip the waffle and still get all the golden nuggets for the month. Let's get social We'd love to hear what you think of this week's Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you'd like us to cover in the future - if so, pop us a message on social and we'll see what we can do. Make sure you've liked and subscribed to our YouTube channel where we upload new content every week! If that wasn't enough, you can also join our friendly property community on the Property Hub forum. And if you'd like to find out more information about Portfolio you can do that here. See omnystudio.com/listener for privacy information.
Bill Handel offers some advice for renters in California has the eviction moratorium officially expires. Also, California insurers are lowballing or denying wildfire coverage. Wayne Resnick and Jennifer Jones Lee join Bill for the Late Edition of Handel on the News.
With a passion for researching and sharing the most important facts on real estate and economics, Kathy Fettke is a frequent guest expert on such media as CNN, CNBC, Fox News, NPR, CBS MarketWatch and the Wall Street Journal. She is the author of the #1 best-seller, Retire Rich with Rentals, and host of two long-running RealWealth podcasts – “The Real Wealth Show” and “Real Estate News for Investors.” You'll also find her on the recently launched BiggerPockets “On the Market” podcast as one of several co-hosts. Kathy received her BA in Broadcast Communications from San Francisco State University and worked in the newsrooms of CNN, FOX, CTV, and ABC-7. She's the past president of American Women in Radio & Television. She is passionate about learning and sharing that information with the members of RealWealth and her podcast listeners. In today's show, Kathy shares her investment journey, her predictions on where we've been, and where the market is headed. Episode Link: https://realwealth.com/ --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals. Michael: What's going on everyone? Welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by Kathy Fettke, who is the co-founder of Real wealth and she's going to be talking to us today about her predictions around where the market is headed, and where we've been. So let's get into it. Kathy Fettke, how are you? Thanks so much for taking the time. Kathy: I am doing wonderful, thanks for having me here. Michael: Oh my gosh, I'm so excited. So we had your husband Rich on a while ago on our podcast and we were asking him about market conditions and forecasting and he goes timeout you got to have my wife on. So for anyone who didn't catch that episode, give us a quick, quick intro background, who you are, where you come from and what it is you're doing in real estate. Kathy: Yeah, well, Rich, and I founded real wealth, which we really did by accident. It was back in 2003 when he was really more in the motivational world. He was a speaker and had come out with a book called extreme success. He was doing this national book tour, we didn't know anything about real estate, but we house hacked, which wasn't really a term then. But basically, we bought a house it was way too expensive for us. So we rented out rooms and that's how we afford to live there. That's how you summarize that. But other than that, that was our only landlord experience and we didn't we didn't think that we could buy real estate until we were rich. You know, that's oftentimes what people think like, I gotta wait till I am a multimillionaire before I can do that, so he you know, he was building his coaching business, I was a stay at home mom. It was on that. On one of his when he came home from his tour, his media tour, and he noticed a freckle. As you probably saw, he's a redhead. So there's a lot of freckles on that guy but he noticed he was like this one's weird. So he checked it out and the doctor looked at it did more tests, thought he basically told rich, he had probably six months to live because melanoma was extremely deadly than it probably still is. But they have better things today. But back then it was just like, here's your diagnosis, you got six months. So obviously a massive shocker. Both of us being motivational speakers and coaches were like, no, no, no, I'm not buying this. But I had to figure out the finances and I wanted to take over so that he could you know, if the doctor was right so that he could really enjoy himself for those six months. But really, we both were like No, don't even go there just get better. So that's when I had a weekend radio show in San Francisco that I just did for fun. It was kind of a coaching show is helping people go after their dreams in a in like a 90 day period and, and really create the things that they always wanted, but were afraid to do and all of a sudden, I'm like, I gotta change the show to me figuring out how to make money in 90 days, you know and how do I do that? So I completely changed the focus to wealth building and because it was the San Francisco show, I could interview really high level people like Robert Kiyosaki and that's how I learned real estate investing and that's over time, we built real wealth and we've been helping people, you know, educate people and educate ourselves ever since on how to build wealth through real estate. Michael: I love that. So you're telling us that you learned real estate investing via hosting your own podcast and interviewing folks that had done it? Kathy: Oh, yeah and I was such a dummy. I mean, like, literally knew nothing. Nothing. I mean, we were renting out rooms in our home on Craigslist. So like, we understood the dark side of what's doing, right, because of stories there. But no, it wasn't until I just thought I got it. I gotta figure this thing out. I've heard that there's a thing called passive income. I don't know what it is but let's find out and I just started interviewing people but I was lucky enough that because I was so desperate to create money, and I've been a stay at home mom for years. I I'd been in broadcasting and that was my degree. But I didn't want to chase fires and murderers when I was raising young children. So I, I basically was not doing that anymore and, and so and bless. They had strikes all the time where I'd have to march for hours in the middle of the night like that. Anyway, I hadn't been working and I didn't It's hard for women when you're out of the workforce for even a few months, but let alone a few years, kind of don't know how to get back in. So that was the focus is like how do I do this? But one thing I thought, well, I could maybe sell sponsorships. So I just started listening to everybody who was advertising at the time. It was like, oh, wow, there's a lot of people, but advertising mortgages. So because you know, this was 2003 and that was what it was everybody was wanting a mortgage? Because they were ridiculous. So I went down the phonebook which existed at the time, and called all these one by one and finally I got someone. Well, I finally got someone to agree only because I was so tired of hearing no, I called finally the last person on the list. I was like, I got an offer you can't refuse. I'm looking for a co-host, instead of like an advertiser, and the guy's like, yeah, sounds good. So that's how I got my sponsor, but it ended up being a mortgage broker who I made a co-host and I came home and rich started laughing. He's like, oh, now you have a mortgage show. Like, that's gonna be funny, because you don't even like going to our fight you skip every financial planning meeting we ever have. And because I just really wasn't into it. But this mortgage broker who became my co-host, I thought, you know, how am I going to make this interesting, so rich, and I thought, well, you know, interview his clients, find out what they're doing with these loans. And that's, that was the game changer and again, like, I had no idea what I was talking about but I think that's what made the show interesting is, I would I was in such awe of the things that, that these people were doing, that all my audience was like, also learning along with me, and they were in awe. Because I was interviewing these 30 year old who were retired, you know, it was like, I'm 40 and I'm not retired. So what are you doing and I learned about flipping and I learned about buying hold, and I learned tax benefits and, and, you know, just all the strategies that Pete that at the time, were kind of secret because podcasts didn't exist back then. I'm so aging myself, but you couldn't you couldn't get the information. It was like late night TV or $10,000 boot camps, infomercials. Yeah, so it was like I was opening this secret world of real estate investment and making it public and I'm happy to say I was one of the first it changed my life and it changed the life of 1000s of people who got to listen. Michael: I love it, I love it a little bit. Kathy, I want to shift gears here in just a minute. But before we do, I mean, you had such an interesting purview into this world of real estate investing. So having interviewed all those folks, and having taught numerous people how to do this, is there a red thread, or kind of key takeaway that you think should be thought should be spoken to would be investors or newer investors as they're just getting started? Kathy: 100%, I can tell you, for me, I, I had a completely new mindset, because people like me who aren't born wealthy, you know, and, and have parents who work for money, you know, whoever, you know, they, if they're not working, they're not making money that you know, they don't understand investing and assets and cash flow and stuff like that, which is most of the world, right? So if you don't come from that, you don't have it, you don't have the mindset. So interviewing these people who were so different than what I thought rich people were like, and so you can even see it today, people who are angry at those who have there, they're just they feel it's unfair, that that's, that's the mindset I was in and then to actually talk to these people and find out there the most generous people, they have a different way of thinking, they look for opportunity, they look for ways that they can make a difference and making a difference is, you know, you're not going to be in business very long if you're not making a difference. And if you're not helping people, that's the bottom line, you're gonna be out of business unless you're government funded, and you get paid no matter what. But, you know, but you know, in a, in a free market society, it's like, if you're not making a difference in helping people, you're, no one's gonna buy your stuff. So I just really learned that, that these, there was a different mindset. So it had to start there and the way that my mindset changed was just being around people and you hear that a lot you hear, like, if you want to change your mindset, get around people that you want to be like, don't hang around the people you don't want to be like, you know, you become who you hang out with. So for me, just even being on the radio, with these people was enough for me to be exposed to a different way of being so it really begins with mindset, Michael: Love it and kind of taking that a step further, what's your best advice, or the best way that you've seen people get around some different people that have the things or have accomplished what it is I'm looking to accomplish? Kathy: You know, today, it's so much easier. There's so many more opportunities. You have podcasts that are free. Again, this didn't exist. There weren't radio shows that talked about, you know, how to build wealth through real estate, you know, and if it was it was probably someone who was trying to sell you something. So today, you have access to so many different podcasts like right now. You have books that are $20 You know, my book retire rich with rentals is 20 bucks, and it's my experience all summed up. There's so many books like that. out there that are cheap. So, you know, learning from those who really technically have nothing to sell you, you know, except a $20 book, you know, that's, that's okay do that real estate conferences Rheas. There are local Rheas everywhere and you have to be careful, because RIAs still have sharks. Even when I started real wealth, I couldn't believe the number of sharks that were out there and I ran into all of them. I'm telling you, like I couldn't. This is the other thing that new investors don't realize is that not everybody's nice and not everybody's telling you the truth. When you're a truth teller, you just assume other people tell you the truth and I can tell you when it comes to financial services, it's like, you know, there's so many people that can lie to your face and I met all of them here as well as smile, and they're so happy and they would come to my real estate group groups, they would come to me, assuming I was naughty, like they were and be like, hey, I got some properties to offload. You know, I'll pay like 10 grand, you know, we're getting them. This was when the when everything fell apart. He's like, we're buying these things for like, $2,000 in Kansas City, and you can resell them for 20. Like, that's not fair, that like, these are tear downs, you know, but so, and they thought that I would be down for that. So there's, there's still RIAs where there's sharks who got out. So I guess the next step is when it comes to mindset, you've got a next step, educate, educate, educate, because then you can't be ripped off as easily. It's kind of like, I like to describe it, like when I took my family to Costa Rica, and I forgot to do my due diligence in the sense of, I forgot to find out what the exchange rate was and I had my $20 and I wanted an empanada and we were hungry and I handed the $20 and I got some change back and I looked at it, and I didn't know what it was and we walked out and I heard the people laughing. I'm like, oh, I just got ripped off but I don't even know how I don't know. You know, so that's how it is in real estate, if you haven't done your homework, and you haven't read those books and listen to those podcasts and you have learned that it's pretty easy to get ripped off. Michael: Yep, I love that, I love that. Let's shift gears here, Kathy, because what you're doing right now, in this space is super, super interesting and talking about market trends and forecasts. So give us a little bit of insight, give us a little preview into your world of what that looks like and how you're doing it. Kathy: Sure, well, it was in 2005. I'll just kind of go back again, where I was able to get people like Robert Kiyosaki on my show and he was the first one who was counterintuitive and that taught me so much because he was saying things that nobody else was saying, and no headline was saying, at the time, like what oh, like at the time, the, the main economist for the National Association of realtors had just come out with a book in 2006. That said, you know, I can't even remember it. But it was basically like, why this is why there's no housing bubble and why home prices will continue to go up for the rest of the decade and it was like this was the National Association of realtors Chief Economist. So you get Kiyosaki coming on and going, no, no, that's like, the loans are going to reset and they're starting now and by 2007 2008, people won't be able to pay the payment, because it's all adjusting and it was so obvious once I could see the data and that oh, you know, I ended up joining my co-host and becoming a mortgage broker. So I knew how bad the industry was and I knew how full of lies it was I my first loan that I turned in. They the bank came back and said, oh, your client doesn't make enough money and I was like, well, that's too bad. I'll let him know. He doesn't qualify and they said, no, no, we changed his income he qualifies now and I came home and I was like, pocket, I go rich. Is that legal and he goes, no, honey, that's fraud. Don't put your name on that. So I was one of the few mortgage brokers that Dec was didn't want to deal with the consequences of fraud. So I would turn down people and they would just go to the mortgage broker next door. They were Nina loans, no income, no assets. I didn't need anything. Anything, I didn't need to know anything about you and I could give you a $5 million loan. It was crazy. So I knew something was wrong. But so did everybody else but it was it was nobody could see it. So Kiyosaki is going, you know, this isn't going to end well and like yeah, da. So he was explaining that all the markets that really benefited from easy loans and easy lending were California, Nevada, the San states, Arizona, Florida and he said, but there are certain places that haven't abused these loans and Texas was one of those places. Texas wouldn't allow 105% cash out refinance. Do you know what that is? That's where you would do a refi and get more money back than the value of the house. It's bright, steady. So Texas didn't do that because they'd been through the SNL crisis in the 80s. They weren't going to do that again. So, he was Kiyosaki was explaining in 2005 2006 I've sold everything in California and all the San states and I'm buying in Texas, I'm exchanging everything in Texas, because the fundamentals are there. The jobs are there, the population is growing. But the but the property's cash flow and that was something. As a California girl, I didn't even know the word. I didn't know what cash flow was, except for negative cash flow, that was a thing. I was curious, like, if you invest in California with negative and that was like common. So it was like all positive cash flow. Okay, so rich, and I jumped on a plane, we went to Texas in 2005, we came back with five properties, because back then you could buy as unlimited amount of investment properties, no money down. That's the kind of lending that existed, and no paperwork. So you know, sign on the dotted line. So we came back with five, but we bought, right, we bought, where the growth was headed, where the jobs were, where the freeways were going, and I talked about it on the show. Next thing, you know, everybody wanted to do what we were doing. So that's, again, how real well start is just helping people buy and these markets. So I knew back then that you have to does like don't pay attention to the headlines pay attention to fundamentals and that's the same thing I'm doing today and this same thing exists today, where the headlines are, are not following data and people are basing their investment on these false headlines. Like even today, I had a little Facebook fight with some people saying, you know, everybody's like housing crash housing crash, and I'm like, where, like, where? Just show me the data…Yeah, I'm really curious to know where this housing crashes and I get crickets, you know, nothing. But that's what people are thinking and I'm okay with that. If, if my competition leaves the market, I'm okay with that. I would love less competition. Go, go away. Let me buy the stuff, you know. Michael: Yeah, totally, totally. So I mean, I'm hearing the same chatter and seeing the same headlines doom and gloom, bubble housing crash. Talk to us about what you're seeing from a data driven perspective and what kind of your perspective and projections are Kathy: Sure, well, let's look at the American home owner versus the American homeowner before the last crash, before the last crash, there was no money down. In fact, you got cash back for buying, you could buy as many as you want. No, no, no paperwork required, right. It was just right. You know, today, it's a very different situation thanks to Dodd Frank changes it you have to put money down. I mean, not necessarily the first time homebuyer can put 3% down, but they still have to qualify with open books. And we all know how hard it is to get a loan and it has been for the past 12 years, so… Michael: Full cavity search… as your neighbor's mailman, like… Kathy: It's crazy awful. I'm doing one right now and I hate it. But you know, this is what it's been for 12 years is difficult. So you've got people for the last 12 years that had to qualify, you have the highest FICO is these are people who have proven a history of paying their bills, that was not the case back then it was subprime at, you can have a history of not paying your bills and still get a loan 100% financing, not the case today, you have to show that you pay your bills, and that you put money down and that your income supports the payment and not just that, but that debt to income that you can't have so much debt that you can't pay your home. So, you know, it's not been easy. The people who own homes today qualified, they're locked into low rates. They have the lowest housing cost in history. I might be wrong on that but they have very low housing cost the people who own homes. So because they're locked into 3% rates, and they qualified and since then their wages have increased. I'm talking about homeowners only now this is not the case for renters. Renters are in a horrible place today. Horror, I've my heart bleeds for renters today because they they're spending most of their paycheck just trying to have a roof above their heads. It's a difficult time. That's why I've been on a mission to tell people buy a house because you can lock in your payment for 30 years and not worry about rent. But unfortunately, there's a lot of people who are unable to do that and that's the story. It's the renters and hopefully, you know, hopefully landlords will be able to provide affordable housing but it's hard you know, it's hard today because we're trying to build affordable housing and how can we do it when lumber went up? 100% or whatever like it's not easy, eight right la Los Angeles. I live in Southern California. I don't know you know that what happened here but la tried to build affordable housing with a grant you know, free government money. Do you know that that the homeless housing that they built cost 800,000 a unit for I kid you not the oh my gosh, housing 800,000 because it's Well, first of all, governments don't tend to know leave it to the efficient sector. Yeah but it's not easy. So, you know, when you've got a situation now where the Federal Reserve stimulated the housing market when they shouldn't have, they misread even our Federal Reserve that is supposed to be controlling the economy wasn't because they were thinking that during COVID, there would be a slowdown. But of course, when you print 40% of the money that's circulating in two years, there's probably going to be an impact and of course, that impact is inflation and add to it that the Federal Reserve was buying mortgage backed securities to keep interest rates low. So and all this happened when you had the largest demographic ever, of first time homebuyers hitting the market, the millennials, age 28 to 34 biggest, biggest generation ever hitting the homebuyer age and they're very well educated, well paid people, low interest rates, and then add COVID where they could live anywhere. So a recipe for disaster that drove prices up. People think they're going to come crashing down. Tell me why. Tell me why people who are highly paid, qualified for the loan or locked into 3% loans are going to suddenly go, oh, no, rates are up. I'm going it's kind of like that scene and you know, where the roller machine is coming at? Oh, awesome. Yeah, there's no, it's not. That's not happening. Michael: Yeah, well, that's such a good point because I think I would be remiss if we didn't talk about interest rates going up. But that's so much of one side of the equation we're hearing about, in order for people to buy properties at these higher interest rates, there needs to be inventory to sell. So talk to us about kind of that side of the equation as well. Kathy: Yeah, no, it's a great point, you know, it kind of economics comes down to supply and demand, always, always, you know, you can, you can have 2% interest rates, but if nobody wants, whatever it is, that's out there, it doesn't matter and that was kind of what happened in in 2010-2011 and 12. You know, interest rates went so low, but no one was buying housing, because they were scared and there was a lot on the market. So a lot of lot of supply, not enough demand, it didn't matter that rates were low, of course, that that turned around, eventually. But here we are, you know, fast forward, this massive demographic of young people that are trying to just have a place to live. You know, this isn't stocks where you just invest, this is like your life. People want shelter. They don't necessarily want to live with mom and dad. They don't want to live in small apartments downtown as they're forming families and there was this crazy headline that millennials weren't going to form families. Well, not at 21 but they're their family forming age now, you know, like, right, right, right, who's gonna buy a house and have babies at 21… I don't know maybe in the Midwest, but not generally, today. So there was just a lot of misinformation. Again, don't trust the headlines, it's be careful about headlines and look at the data. Today we have a situation where building has been difficult and in 2008, 2000 2008 builders got absolutely wiped out and they were in no mood to get started and many couldn't and there wasn't financing for builders. That's how I got started in syndications because builders came to me and they're like, I can buy land for almost nothing. I can't get money, can you? Can you raise money? I'm like, I don't know. Maybe it turns out I could and so we were able to buy land for almost nothing and you know, buy 4200 lots in Tampa for like 10 cents on the dollar was crazy. It was crazy. But there was no money. So builders just and there was no demand. So why would builders built and that didn't mean that that's applied and really thin out until like 20 I don't know 14 Maybe. So okay, and then being a builder now being someone that boy tough business. You know, that land that we bought in Tampa, we're just now finishing, you know, selling those lots because it takes so long to get infrastructure in place took 10 years to get the roads in and the utilities and stuff. It's not quick, and that's even in Florida and in our other subdivisions. They're all two or three years delayed and that's just us, you know, so think of all the builders out there that either don't have the appetite to do spec housing, they'll build to order basically but and now you know new homes tend to get hit the hardest when rates go up. So builders really aren't in the mood to to build at a time when it's so desperately needed and then add the supply chain issues and the you know, just the blame issues, it's hard to hire anyone and then during COVID, we had to shut down our site, the cities were shut down, we couldn't get permits, we couldn't get approvals and, and then you know, one person gets sick on the job site and you're shut down for two weeks, you come back to work and one other person gets, I mean, it's been hard to bring on new supply at a time when it's so desperately needed. So here we are higher home prices, higher, higher rates, less people able to buy homes, more people forced to rent, and the inventory is not there. Michael: So you think that there is enough kind of demand pent up there with not nearly enough inventory now or on the horizon, that that demand is going to push through those elevated home prices and interest rates? Kathy: You know, again, it just depends on the market. The mistake, I think in the headlines is that they keep treating it like it's a national housing market and you and I both know, that's just not the case. It's so market specific. So there are some areas that really boomed because people from the San Francisco Bay area or from New York, got the heck out of town because they could live anywhere and cities are not so exciting when everything shut down. So you have places like Boise that just bubble up but is it a bubble when it's California money moving to a cheap area. For them it's no bubble, you know and it's not like these Californians are gonna go, oh, you know, gosh, prices are stalling. Maybe I should sell it a loss. No, they bought a house in Boise because they want to live there, you know, they want a second home or whatever and it was cheap for them. So but do I see that continuing? Probably not. I think I'm guessing prices have kind of maxed out at Boise but I also don't see a crash. You know, same for Austin, these aren't places I wouldn't necessarily invest. I don't like investing in places that saw 40% growth year after year. You know, like I, I doubt that's going to continue. I want to be in areas where that hasn't happened yet. It's about to happen. Michael: And so you that's perfect segue into my next question is how do you find the next Boise or the next Austin? What are you looking for and what should our listeners be looking for? Kathy: Yeah, I mean, it's definitely a changing market and, again, that doesn't mean people aren't going to still be moving to Austin and Austin still looks really cheap for people from New York and San Francisco. So some of these areas where, where there's tech growth and job growth and jobs of the future kind of growth. It's going to continue. I mean, look at Miami, if you asked me if Miami would see the kind of growth it's had, I would have said no way. You know, everybody's afraid. It's got to be underwater. No one seems to care. Miami was the hottest market ever last year in the year that everybody's talking about climate change, I don't get that. But you know, what you have? Is the financial sector moving there from New York. So, you know, do you want to live in New York City where it's cold and windy in the winter or do you want to live in Miami, like one? That's right, you're moving? Easy, so I wouldn't, I wouldn't buy there but what that tells me is people that are that lived in Miami who are getting priced out, they're gonna move kind of to other parts of Florida, that are cheaper and companies that you know, maybe are concerned about climate change, you're gonna move to parts of Florida, that aren't as risky. Texas, you know, look at Elon Musk, you see, he's part of a trend that's been going on for 10 years of, hey, there's two places that stayed open during the pandemic, Texas and Florida, maybe South Dakota, but no one wants to live there. So it's really Texas in Florida. If you want to have a business that stays open, you're gonna go there, so the businesses are going there and people are following. Michael: Yeah, that makes total sense and Kathy, where do you go to get your information and to get your data, the raw data, not the politicized headlines, but these are the numbers, I want to use them to then interpret and come to conclusions? Where do you get those from? Kathy: I just I really just interview people all the time that are in that are either longtime experienced investors and have been through cycles and, and understand fundamentals versus hype and I'm not saying not to be cautious. This is a time to be cautious, because we're in a changing market and we don't know how aggressive the Fed is going to be and we don't we don't know what's hot, what's coming. But the fundamentals work no matter what. So I listen to longtime investors who have been through cycles. I follow the I follow closely the federal reserve and what they're doing. I follow the Treasury, the 10 year treasury and this is you know, this tells me when there's all this concern that interest rates are continued going to continue to rise, the 10 year treasuries retreating and the Fed follows the market and the market is saying, we don't, you know, we don't see that inflation is going to continue forever, or that the markets gonna boom forever and if the markets not booming and there's not rampant inflation forever, you're not going to see interest rates continue to rise. You know, if the 10 year treasury is retreating, that tells you rates are going to come back at some point to, again, my opinion. Right. So, those are some of the things I follow. I follow Housing Wire Logan Mota Shami, I love what he says you see could be controversial, but he's to me, he's been he makes sense and just data I mean, it you just look, all you have to do is search mortgage payments on the Fred I look at that's the Federal Reserve and historical, you know, mortgage payments to income, and its lowest it's been, and then look at jobs. We're still at what 3.6% or something on unemployment, so super lawyers the recession… I usually you don't have a recession when you got jobs like that and continued job growth. You know, we've got job numbers coming out, and we're seeing growth. So I don't know, they got two jobs for every one American who wants them. So how is that a recession? Michael: Right, right. Yeah, no, I'm with you 100% and Kathy quickly for investors, because we've talked a lot about and focus a lot about homeowners and owner occupants. But for investors who are just getting started, you know, looking at their fellow investors or hearing podcasts, everyone talks about double digit returns for long term buy and hold for cash flowing properties. Should people be adjusting their expectations now, if they're just getting into the game, because prices are higher and because interest rates have also gone up pr do you think rents have kept up with them over time… Kathy: For us, and I don't know what you guys are seeing, we're seeing cap rates look pretty pathetic honestly, it doesn't look great. So that's a bummer but there's still parts of the country that where you can get pretty good cash flow. They're just not areas that excite me. There, there will always be linear markets, markets that kind of just are there, and you can cash flow in those markets, but you probably won't see appreciation and they haven't even appreciated in this crazy bull run that we've had. So yeah, if something goes wrong, you know, your roof to change your roof, or you know, and I own these kind of properties. You have a plumbing issue, man, there goes your yours cashflow. So, you know, I like cash flow, but I would rather be in areas that are experiencing growth and in those markets, the cashflow is just not great. So I've been telling people, if you're you know, if you're it depends on what you're trying to do and if you're trying to create a retirement for yourself, and you're not needing the cash flow right now, don't worry about it, think about the future and ask yourself, where do I think this property will be 10 years from now, maybe 20 years from now…You know, that's what matters more, because you can make cash flow today, you know, if you're young get a get a job, you know, that should be your cash flow. You're here to give your gift to the world. We don't have an economy if people aren't working and contributing, you know, you were not really meant to come here and retire at 30. I don't think you know, right. So if your job your cash flow and have that job is something that you're great at and you love to do and contributes to society, and have your real estate be what happens when you're you don't want to work anymore and maybe that's 40, maybe that's 50, it shouldn't be 30 if it is good for you. But you know, I look at it, like buy something that is going to hold up in the long run and be in an area where there's growth. Because my experience has been that's where the big bucks are made. We had a single family rental fund that we just closed out. I know you guys, you do lots of funds and what we found in our fund, we bought properties and growth markets and then we bought some cash flow markets to kind of offset and that's how we've always promoted things is like hey get your cash flow properties and get your not so cashflow but growth properties and you know, balances. What we found is that the cash flow properties ended up with like a 8% return or so and the growth properties were like 40% like there was no comparison between the two. So for the long term, you know, get into the hot markets where people want to live and where the where the demographics are moving to and don't worry so much. I mean, obviously the cash flow should cover your expenses. But it's the returns have definitely gone down but that's not preventing me from buying in those areas because you're right, what was it was such a limited supply of inventory. When you're in markets where people are moving to, you're going to see rents go up over time. So never judge a property on the first year of the performer. Don't do that have a five year or a 10 year or a 20 year pro forma, because the first year is always going to be the worst and you know, because you're paying closing costs and, and your rents are, you know what they are that year… Michael: But you're finding stuff you missed in the inspection and… Kathy: All of that… So, but year two, year three or four, just like with apartments, you don't buy an apartment based on your first year. You know, you buy it based on what it's going to do for you. You know, if you're gonna buy an old car, you're gonna you're getting an old car, if you're gonna buy a new car. I mean, I, you shouldn't really compare real estate to cars but I gotta tell you this time, it kind of make sense, rich, and I both own Tesla's that we bought Rich's early adopter. So he bought the first ones. They're worth, like $10,000, more than we paid years ago, the value has gone up on our tests, as I think that's funny, you know, usually, values go down, because of lack of supply, they can't get batteries and who wouldn't want a battery operated car? Michael: You know, it's like 615... Kathy: Yeah, that's right… So that's driving prices up. It's the same thing with real estate. You know, people want a place to live, and they want to lock in their rate, and they're going to lock it in and anyway, it's the same and it's the same as an investor, you're buying in an area where people are moving to you are locking into a rate if there's not enough supply, for all the people moving in, you're gonna see rents go up over time. Michael: That makes total sense. Kathy, this has been so eye opening, super, super fun. If people want to learn more about you reach out to you learn more about your fund, where's the best place to do that? Kathy: You can go to realwealth.com and join it's free and you get access to lots of free information and data and then the real wealth show is my podcast and I interviewed lots of economists there. So that's helpful in trying to sort out what's really going on out there. Michael: Amazing, amazing. Well, thank you again for coming on. Definitely look forward to being in touch and we'll talk soon. Kathy: Awesome, thanks for having me. Michael: Thanks! All right, everyone. That was our episode a big big, big thank you to Kathy for coming on. Super insightful, really, really informative and I love that way to be data driven and not get swept away by the headlines. As always, if you'd like the episode, we'd love to hear from you with a rating or review wherever it is you get your podcasts and we look forward to the next one. Happy investing…
We’ve seen hints that the Federal Reserve’s interest rate hikes may be cooling the housing market. But rent prices are still climbing across the country, and higher interest rates may not rein in rent costs for more than a year. And later, war in Ukraine fuels global hunger, inflation comes for Hollywood productions and some try to beat confusing credit score algorithms.
We’ve seen hints that the Federal Reserve’s interest rate hikes may be cooling the housing market. But rent prices are still climbing across the country, and higher interest rates may not rein in rent costs for more than a year. And later, war in Ukraine fuels global hunger, inflation comes for Hollywood productions and some try to beat confusing credit score algorithms.
New figures are showing people who rent are under increasing pressure to find and keep affordable homes. A new report from Anglicare Australia has laid out a plan to tackle housing affordability over the next 20 years that calls for changes in government policy. - नयाँ तथ्याङ्कले भाडामा बस्ने मानिसहरूलाई किफायती भाउमा घरहरू भेट्टाउन र भेट्टाइहाले पनि त्यसलाई जोगाउन गाह्रो भइरहेको देखाएको छ।एङ्ग्लिकेयर अस्ट्रेलियाको एक रिपोर्टले सरकारको नीतिमा परिवर्तन गर्दै आगामी २० वर्षसम्ममा किफायती घर भाउको समस्यालाई सामना गर्ने योजना प्रस्तुत गरेको छ।
Great Salt Lake levels a new low / drought USC / UCLA heading to the Big 10 // Dan Haray Hollywood Publicist Flirting w Fame // Dan Haray genius / Rent competition // Renters Fierce competition / Dan Haray best interview ever
Listeners tell us about out of control youngsters spoiling their experience of Minions in Irish cinemas. A listener thinks IMMA should not have ended their association with the Texaco children's art council. John will never be able to buy his own home in Ireland so he's moving abroad.
Joe Buscaino - politics / drought / Tourist spots // Santa Anita 626-night market / Hot Tato Potato / LAPD a graduation // renters moratorium expanded / Golden Girls Pop Up / Tow Trucks busy NYC bad vibes// Fireworks & HB ParadeHappy 4th Of July!
In this episode of WTF California Podcast, we discuss how Antioch Mayor Lamar Thorpe continues to political grandstand at the dais versus actually helping people. Tuesday was a prime example of residents needing help and a city who had its act together could help--but the city council and staff is not competent to think to bring back the rental inspection program. Meanwhile, Anamarie Avila Farias, a member of the Contra Costa County Board of Education, calls for a 4th of July boycott. She should realize social media is sometimes not your friend. We touch on other issues across the state and give an update on our July show schedule while a listener brings us donuts. Articles Referenced in the Show: Antioch City Council Meeting Video Antioch to use $1.8 million state grant to stem gun violence California school board member calls to 'boycott' July 4th 2 Oakland cops involved in deadly chase stripped of badge and gun, placed on administrative leave Two more women come forward with sexual assault allegations against Stockton police officer Defund LA County Sheriff? What's next for West Hollywood after voting to cut deputy funds California moves to limit where firearms may be carried and who can have them Give us a Break — From the Gas Tax Senate Democrats Reject Republican Effort to Fund Gas Tax Holiday CA lawmakers OK nearly $308 billion spending plan, including inflation relief payments California budget won't cover out-of-state abortion travel EDD's CalJOBS site has been down for several days. Here's why that's a big deal Omicron subvariants BA.4, BA.5 are spreading 'like wildfire,' becoming dominant strains in US Chesa Boudin may run again for San Francisco district attorney, he says
Disputes between landlords and renters typically end up in front of judge and can result in an eviction. Instead of going to court, some landlords and renters are turning towards mediation to find a solution that will keep tenants in their homes while making sure property owners get paid. By design, mediation is a neutral experience that's not about one party or the other. Both sides are able to get it all out there, say how they feel and what they need. Clients often experience feeling heard and understood and, when successful, it helps everyone. Today we hear stories about successful mediations between landlords and renters. We also zoom back a bit to learn about how mediations citywide are making an impact – and why Nashville is more open to them than you might expect. But first, we talk with WNXP Editorial Director Jewly Height about the artist of the month, which comes with a bit of a twist. (Plus we learn about one of host Khalil Ekulona's secret talents.) Guests: Jewly Hight, WNXP editorial director Ms. Lolita Esaw, renter Mark Burgdorf, landlord with Hale Properties Sara Figal, director of Nashville Conflict Resolution Center Danita Marsh, former Metro Nashville Police officer, mediator Dr. Steve Joiner, managing director of the Institute for Conflict Management at Lipscomb University Resources and additional reading: WNXP: Originators of the month WPLN: More Money And A New Courtroom Rule Aim To Avoid Nashville Evictions Tennessee State Courts: Mediation resources for the public
Renters unsure if they can make rent and buy food because of inflation / Australian Homes Over One Million Homes Sit Vacant as Elderly Homeless Rates Rise // Tim And Mark Question Producer Dayna About The Military // Tim Talks About His Experience with Hypnosis & Mark's Experience with Acupuncture // Charlie Sheen song, Daughter's Only Fan— “Keep mey daughter off the pole”
134 - We have a super episode for you today with Mariam Raza who has a legal consultancy which helps landlords and letting agents when things go wrong. She is going to be dropping some gold dust today about the steps that you can take to protect yourself from things going wrong and to help you run your rent to rent business smoothly.As well as talking us through the three biggest legal challenges that people face.⭐ Mariam is founder of Housing Sage which is a training and consultancy firm⭐ She is a Welsh Housing Lawyer specialising in Defendant work⭐ Mariam is also an expert in English Law⭐ A cause she feels deeply about is investing back into local communities ⭐Mariam is particularly passionate about tackling issues such as cuckooing, modern day slavery and "mate" crime from a housing law perspectiveClick here to watch and listen to the episode ✅ https://rent2rentsuccess.com/134 ✅Get your free copy of the #1 Rent 2 Rent Success Book!✅ https://go.rent2rentsuccess.com/freebook ✅ Support the show
(1:33) - Paul and Brendan open Tuesday's show covering China, particularly how they're reducing quarantine time for citizens as well as how the G-7 summit will focus on the country.(12:07) - Discussing how bidding wars contributed to an overheated housing market, and now bidding wars may have the same effect on the rental market.(23:26) - Touching on how Uber and Lyft drivers are switching to Tesla's amid sky-high gas prices.(32:35) - Talking about Nike's disappointing earnings, which saw flat sales and a jump in inventory for the popular apparel brand.
Wayne Resnick sits in for Bill Handel. After months of an overheated housing market pinning homebuyers against each other, the market veers its ugly head towards renters. California is taking on the high-carbon industry. Employee surveillance is fueling worker distrust in the workplace. And a dad learned that his photo was being used on the internet for something, well, he didn't give approval for...we'll say that.
Renters join the bidding war, the housing market impacts global commerce, and content creators cash in on Zillow listings. Byron and Nicole discuss. Tomo will close 98% of loans on time - the industry average is just 40% Learn More Here :arrow_right: https://bit.ly/TryTomopod Subscribe to this channel: https://www.youtube.com/channel/UCnIX... Subscribe to BAM Newsletter: http://eepurl.com/hZU-Vn Connect with Byron: Website: https://byronlazine.com Instagram: https://www.instagram.com/byronlazine Twitter: https://www.twitter.com/ByronLazine TikTok: https://www.tiktok.com/@byronlazine 5AM Call Sign-up: https://www.5amcall.com Newsletter here: https://byronlazine.com/subscribe Connect with Nicole White: https://www.instagram.com/nicolewhite... This episode's sources: “Bidding Wars Overheated the Home-Buyer Market, Now They're Coming for Renters” (WSJ) “The Housing Market Slowdown is Showing Up in Shipping Data From China” (CNBC) “Don't Fear the Content Creators: Why Zillow Gone Wild Isn't Bad for Agents” (Inman) #realestatepodcast #rentalmarket #realestatepodcast TIMESTAMPS 00:00 - 00:41 00:42 BIDDING WARS ARE HEADING FOR RENTERS NEXT 07:48 NEW DATA = HOUSING MARKET SLOWDOWN 17:37 DO NOT FEAR THE CONTENT CREATORS
Wayne Resnick sits in for Bill Handel. Another war is happening, but this time it's between states as the nation fights over abortion laws. The January 6th panel has called for a surprise hearing to present new evidence. And bidding wars for homes is bad enough - now the oversaturated housing market is coming for renters.
A Tampa attorney is filing a constitutional challenge to part of Florida's eviction law. It requires renteds to put up back rent and keep paying rent if they wish to file a challenge to their evictions in court. Attorney Ryan Torrens says that denies renters access to courts.
On Friday's show: New research examines the growing divide between home owners and renters in Houston. Also this hour: On The Good, The Bad, and The Ugly – we revisit a story from late December about fish falling from the sky in Texarkana. It turns out the reason we were given for why it happened might have been wrong. An alternative theory is intriguing -- but also just a little bit gross. Today's show was abbreviated so that News 88.7 could air special coverage the U.S. Supreme Court ruling that overturned Roe. v. Wade.
Bill Smith asked for a briefcase on his 5th birthday, and it's been all business since. After dropping out of school at age 16, Bill started, built, and sold 3 companies over the past 15 years. His last business, grocery delivery service Shipt, sold to Target in 2019 for half a billion dollars. But Bill didn't rest on his success. The same year he exited Shipt, he started Landing, a flexible and furnished rental apartment service. So what's next for this wunderkind turned startup mogul? Listen to Nathan and Bill discuss Dropping out of school without his parents knowing Figuring out the prepaid technology business Exiting his first company to Green Dot Corporation His step-by-step process for proving a business idea Why he never takes breaks between businesses Proving demand in the early days of Shipt Selling Shipt to Target for half a billion dollars Why selling Shipt changed his philosophy of business His goal to build Landing into an enduring company And much more business scaling advice… Who do you want to see next on the podcast? Comment and let us know! And don't forget to leave us a 5-star review if you loved this episode. Wait, there's more… If you enjoy the Foundr podcast, check out our free trainings. Get exclusive, actionable advice from some of the world's best entrepreneurs. For more Foundr content, follow us on your favorite platform: Foundr.com Instagram YouTube Facebook Twitter LinkedIn Magazine Speak with our friendly course experts to get clarity on the next steps for your idea, business or career. You will get tailored insights from results achieved by our proven practitioners as well as thousands of students. Book a call now... https://foundr.com/bookacallyt
John Oliver is getting a lot of attention after his segment on the rising cost of rent went viral. But at least one person says he's missing the mark both on what's causing rent spikes and how to fix the problem. Reason's Christian Britschgi has a new piece on the real reasons behind the affordable housing shortage. Guest Hosts: Maura Carabello and Taylor Morgan. See omnystudio.com/listener for privacy information.
Released plans from Fannie Mae and Freddie Mac – the mortgage corporations backed by the government – target housing barriers in underserved communities. Julia Coronado drops in how the notion that crypto is a hedge against inflation has taken a hit. In the Netherlands, we take a look at how structures are being built with organic materials.
Released plans from Fannie Mae and Freddie Mac – the mortgage corporations backed by the government – target housing barriers in underserved communities. Julia Coronado drops in how the notion that crypto is a hedge against inflation has taken a hit. In the Netherlands, we take a look at how structures are being built with organic materials.
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