POPULARITY
Large multifamily, for the most part, has been an “uninvestable” asset for the past few years. Tons of new inventory hitting the market, short-term loans coming due, rising expenses, and stagnant rent growth are just a few reasons investors have avoided this asset like the plague. Even veteran multifamily investor Brian Burke sold off a majority of his portfolio when prices were sky-high. Now, the oracle of multifamily has come back to share why he thinks we have two years until this reverses. Brian believes there's a strong “signal” that sellers are about to get real, buyers will have more control, and rent prices will grow again. Could this be the bottoming out of the multifamily real estate market, or are we still years away from any recovery? What about small “sweet spot” multifamily rentals or single-family homes? Are they worth investing in right now? Brian shares exactly which assets have the most (and least) potential and the recession indicators to watch that could throw the real estate market out of whack. In This Episode We Cover The state of large multifamily in 2025: Is it finally time to get back in the game? The “sweet spot” multifamily properties small investors should be buying now Why 2027 could be the year that the multifamily market reverses Is residential real estate (single-family rentals) still a worthwhile buy in this housing market? The $1,000,000,000,000 problem that the multifamily market is facing And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1100 - The Ultimate Underrated Rental Property of 2025 (for Small Investors) Brian's BiggerPockets Profile Grab Brian's Book, “The Hands-Off Investor” Jump to topic: (00:00) Intro (00:33) What to Buy and What to Avoid (04:13) Multifamily Sellers Must Wake Up (08:30) Has Multifamily Bottomed Out? (09:57) “Sweet Spot” Investments (14:51) Will Rent Growth Return? (20:28) An Opportunity for Single-Family Rentals? (25:18) Is Now the Time to Buy? (28:54) Recession Risks to Watch Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-311 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mark Zurada is the COO and Co-Founder of PinPoint Analytics, an AI-powered platform transforming how public works projects are estimated and bid. PinPoint harnesses advanced algorithms and historical bid data to help contractors, municipalities, and engineering firms in the $200 Billion construction industry generate more accurate, competitive estimates with unmatched precision. At PinPoint, Mark leads daily operations, AI product development, data strategy, and go-to-market execution. He also drives sales, marketing, and customer acquisition, aligning product-market fit through deep analytics, customer interviews, and stakeholder feedback. With over a decade of experience as an entrepreneur, attorney, engineer, and consultant, Mark brings a cross-functional approach to solving complex challenges.(01:29) - AI in public construction works(02:36) - Challenges in public works bidding(6:07) - Guesswork in construction(08:17) Scaling AI solutions in local governments(13:47) - Feature | Market Stadium - Book a demo: Optimize your Multifamily & Single-family market analysis(14:58) - Scaling construction estimates in highly localized space(18:19) - Examples of bidding processes(24:17) - AI's Impact on Public Spending and Efficiency(28:20) - Feature: Blueprint 2025: The Future of Real Estate - Register now(29:06) - Collaboration Superpower: Historical Figures
In this episode, we dive into the latest insights from ATTOM's Q1 2025 Single-Family Rental Market Report to uncover the top U.S. counties with the highest rental yields for investors. From New York and New Jersey to Alabama and Texas, we explore where you can find the best opportunities for strong cash flow and high returns on single-family rentals. Tune in for insights on the shifting trends in the rental market, rising home prices, and which regions are set to offer the most lucrative opportunities for single-family rental investments. LINKS JOIN RealWealth® FOR FREE https://realty.realwealth.com/join SYNDICATIONS: Wild Pine San Antoniohttps://realwealth.com/wildpine FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN Source: https://www.attomdata.com/news/most-recent/2025-single-family-rental-market-report/
Julie Kheyfets is the CEO of Block Renovation, an AI-first marketplace platform revolutionizing the home renovation industry by connecting homeowners with contractors and streamlining project planning. She assumed the CEO role in January 2025, following seven years as the company's COO. Before joining Block, Julie led North American growth for Tractable, an AI company specializing in accident and disaster recovery solutions, where her efforts contributed to the company's valuation surpassing $1 billion. Beyond her professional achievements, Julie is an accomplished ultramarathon runner, having secured first place in the women's category at the Habanero Hundred in 2021. (01:13) - Challenges in home renovations(02:31) - Julie's journey to Block(03:43) - Building trust with AI & data(05:49) - Contractor vetting process(08:17) - Feature | Market Stadium - Book a demo: Optimize your Multifamily & Single-family market analysis(9:28) - An AI architect in every investor's & homeowner's pocket(12:07) - Growth playbook(16:34) - Industry Trends & Homeowner Mistakes(20:11) - Homeowners & contractors :: Landlords & renters(21:55) - Feature: Blueprint 2025: The Future of Real Estate - Register now(23:45) - Business Model & Marketplace Trust(25:51) - Collaboration Superpower: Courtney Dauwalter (Wiki) & Brian Chesky (Wiki)
Frederik Hendriksen is the co-founder of Rensair, pioneering the world's first air quality ecosystem to cut carbon, costs, and pollutants through next-generation ventilation technology. Rensair's connected solutions optimize existing HVAC systems, reducing energy costs while delivering cleaner, healthier indoor air—without expensive infrastructure upgrades. Their tech traces back to Frederik's father, a ventilation engineer, who originally developed a standalone air purification system for hospital operating rooms, and to help Frederik's twin brother manage severe asthma. Inspired by this innovation, Frederik and his team are now hacking HVAC to tackle the climate crisis and transform building ventilation, ushering in a new era of carbon efficiency, cost savings, and clean indoor air.(01:49) - The tech behind Rensair(04:29) - Impact of HVAC on building energy consumption(06:00) - Rensair's energy efficiency solutions(13:31) - Feature | Market Stadium - Book a demo: Optimize your Multifamily & Single-family market analysis(17:51) - Business model & partnerships(19:20) - Challenges & opportunities in Climate Tech(24:23) - Leveraging AI for indoor air quality(29:44) - Feature: Blueprint 2025: The Future of Real Estate - Register now(31:55) - Greenland & Climate change(34:16) - Collaboration Superpower: Niels Ryberg Finsen (Wiki)
Sean Miller is the Chief Revenue Officer at Lessen, leading sales and marketing to expand its tech-enabled property maintenance, repairs, turns and capital improvement services platform, with 3 million work orders completed annually. With deep expertise in real estate technology and IoT, he currently serves as Built Environment advisory board member of SIA, and previously served as CRO at Sensor Industries, CEO and Co-founder of Griot, and President of PointCentral (an Alarm.com subsidiary). He has also held leadership roles at Belkin and Generac, driving smart property and remote monitoring solutions.(01:26) - Sean Miller's Career Journey(03:50) - The Evolution of maintenance in Real Estate(09:29) - Feature | MarketStadium - Book a demo: Optimize your Multifamily & Single-family market analysis(10:40) - Lessen's revenue levers & tech investments(14:56) Labor shortages & operational efficiency(16:42) - Data-Driven Decisions: Repair vs. Replace impact on insurance(21:10) - Cost-efficiencies from Water leak detection tech & asset tagging(27:16) - Feature: Blueprint: The Future of Real Estate - Register now(29:14) - AI & automation for Maintenance(33:17) - Collaboration Superpower: Thomas Jefferson, Michael Jordan & Croesus (Wiki)
Single-family rentals vs. multifamily property: which is better? In this podcast, we compare the pros and cons, covering factors like scalability, vacancy risk, cash flow, and tax benefits. Gain personal insights and a detailed numerical analysis to see which investment is the best for generating wealth.
Dennis Lee is the co-founder and CEO of MarketStadium, a real estate data platform transforming how investors analyze multifamily and single-family markets. His journey began as an urban planning researcher in South Korea, where he identified key locational advantages driving gentrification in Seoul. This insight led him to explore how urban planning research could be applied to real estate investment decisions.After studying at NYU's Schack Institute of Real Estate, Dennis joined Lionstone Investments, where he helped manage a $9 billion real estate portfolio using a location-first investment strategy. Recognizing the potential to bring urban planning insights and data analytics to the broader real estate industry, he co-founded MarketStadium with a team of urban planning PhDs, tech developers, and industry experts.(02:57) – Dennis Lee's background & MarketStadium's Origin(05:11) – Market Stadium's Vision for Offerings(07:07) – Multifamily sector insights(13:19) - Feature | MarketStadium - Book a demo: Optimize your Multifamily & Single-family market analysis(17:55) – Leveraging data for Real Estate investment decisions(25:10) – Climate Risk & AI in Real Estate(28:46) - Feature | Berkadia's BeEngaged - Connect with the team: Ecosystem of founders, industry professionals, and capital providers dedicated to redefining the Commercial Real Estate space.(30:20) – Advice for founders looking to partner with institutional players(31:15) - Lessons from the Korean market(31:50) - Collaboration Superpower: Leonardo Da Vinci & Sandro Botticelli (Wiki)
Lior Abramovich is the Co-Founder & CEO of Blanket, a platform transforming the single-family rental market backed by RE Angels. With over a decade of experience, he's overseen $200 million in acquisitions for more than 1,000 investors. Beyond real estate, Lior is dedicated to impact-driven initiatives—he co-founded Golden, a nonprofit renovating homes for senior citizens in need, and a foundation committed to providing clean drinking water to children worldwide. A graduate of the University of Haifa with a degree in Political Science, Lior also served eight years in the Israeli Navy, holding leadership roles as Executive Officer of the Naval Academy and Chief Engineer of a Navy warship.(03:10) - Lior's & Blanket's Origin Story(06:03) - SFR Property Management Landscape(10:20) - Blanket's Business Model & Growth(17:57) - Challenges & Opportunities in SFR Property Management(24:11) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of the venture-backed company at Pacaso.com/invest25:59 Challenges and Insights in Property Management(26:40) - Expanding Across Markets(32:48) - Feature: Blueprint - The Future of Real Estate 2025(35:53) - Leveraging AI in Property Management(40:40) - Blanket's Media Strategy & Industry Impact(44:08) - Collaboration Superpower - Winston Churchill & Giovanni di Bicci de' Medici (Wiki)
Send us a textRevolutionizing Customer Service: Guillermo Salazar's Journey with Iris CXIn this engaging episode of The Wireless Way, we welcome Guillermo Salazar, founder of Iris CX. Guillermo shares his story about how a frustrating experience with a garage door opener led him to create Iris CX, a tele-maintenance solution for property managers. We dive into how Iris CX tackles industry challenges like skilled maintenance shortages and rising costs, while improving customer experience. Guillermo also discusses his background, including co-founding a hockey stick company and his unique trilingual upbringing. Later, we explore his podcast 'Getting to Hell Yes!' focusing on sales strategies in the rental sectors. If you're passionate about technology, problem-solving, and customer service, this episode is a must-watch!00:00 Welcome and Introduction00:11 Meet Guillermo Salazar00:36 The Birth of Iris CX01:30 Guillermo's Background and Personal Life01:46 Diving into the Podcast02:08 Starting the Conversation03:26 From Consulting to Leadership04:48 Growing Up in Canada05:58 The Calgary Stampede and Western Culture06:56 Trilingual Upbringing10:06 The Genesis of Iris CX12:03 Challenges and Market Fit18:16 AI and Data Analytics in Iris CX26:48 Remote Troubleshooting and Efficiency28:13 Friction-Free Customer Experience28:53 Language Barriers and Multilingual Support32:38 Single Family Rentals and Maintenance Challenges34:16 The Power of Actionable Data37:11 Sales Strategies and Customer-Centric Approaches37:32 Launching a Podcast to Learn and Share42:18 Compassionate Selling and Service50:21 Final Thoughts and TakeawaysMeet Guillermo- https://www.linkedin.com/in/1guillermosalazar/His podcast- https://podcasts.apple.com/us/podcast/getting-to-hell-yes/id1772602174RSS- https://rss.com/podcasts/getting-to-hell-yes/More on IrisCX- https://www.iriscx.com/Support the showCheck out my website https://thewirelessway.net/ use the contact button to send request and feedback.
Real estate investing isn't just about flipping houses—it's about flipping lives. In this episode of the Jake & Gino Podcast, we sit down with Jim Manning, CEO and Co-Founder of Three Doors and host of the Passive Wealth Show, to uncover his journey from corporate burnout to financial freedom.Jim's mission is more than just making money; it's about creating homeownership opportunities and building a lasting impact while scaling a multi-million dollar real estate business.In this episode, we dive into:How Jim transitioned from reinsurance to real estateFlipping 3,500+ properties and managing a $50M portfolioUsing private capital to scale a real estate empireThe importance of mission-driven investing for long-term wealthBalancing impact and profit in real estateFollow Our Guest: Jim ManningWebsite: PassiveWealthShow.comConnect with Jake & Gino:Website: https://jakeandgino.comInstagram: @jakeandginoYouTube: @jakeandgino Chapters:00:00 - Introduction 01:39 - How Jim Started in Real Estate & First Deals 02:54 - Transition from Corporate America to Real Estate 08:59 - Why Homeownership Matters for Society 23:11 - The Value of Collaboration in Real Estate 26:51 - How Jim Attracted High-Net-Worth Investors 34:35 - Lessons on Wealth, Happiness & Giving Back 44:24 - Gino Wraps it Up We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)
How Dr. Lea Rodriguez, a seasoned healthcare professional turned to a real estate investor with a portfolio spanning over $284M in assets. Discover how Dr. Lea transitioned from managing single-family rentals to thriving in multifamily syndications and residential assisted living. Learn the power of leveraging mentorships, building trust with investors, and navigating challenges like rising interest rates and capital calls. With actionable insights on diversification, passive income, and relationship-driven investing.Key Takeaways to Listen For:Leverage Mentorship for GrowthDr. Lea emphasized the importance of joining masterminds and mentorship programs, such as the Sunrock System and the RAL Academy, to fast-track learning and gain critical insights before diving into multifamily syndications and residential assisted living.Education and Relationship-Building are KeyDr. Lea highlighted that understanding the fundamentals of underwriting, market trends, and investor needs is essential, but building strong relationships within the investor community is equally crucial for long-term success.The Power of DiversificationInvestors should focus on diversifying their portfolios across asset classes like multifamily, residential assisted living, and other tangible investments to protect against market volatility and enhance returns.Transition to Passive Income for FreedomDr. Lea shared how transitioning from single-family rentals to multifamily syndications as an LP enabled her to step back from healthcare, enjoy passive income, and achieve a better work-life balance.Conservative Underwriting Protects InvestorsIn an ever-changing market, Dr. Lea stressed the importance of conservative underwriting and re-evaluating business plans to adapt to unforeseen challenges, such as rising interest rates, while maintaining investor trust.About Tim MaiTim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches.He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing.He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares. He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers.Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments.Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai
Ben Borton is a Co-Founder of PodPlay Technologies, where he oversees go-to-market strategy and leads the Sales and Marketing teams. He also serves as Chief Strategy Officer and was the first external investor in PodPlay's parent company, PingPod Inc. Before joining PodPlay, Ben held several leadership roles in the finance and technology sectors, including as Head of Digital Fund Services at Figure Technologies, Partner at Mountaineer Partners, and Partner at MM Capital. Throughout his career, Ben has been a founder or partner in multiple investment management firms and an active technology angel investor.(01:00) - Ben Borton & Podplay Technologies(06:06) - PingPod, the autonomous sports venue(09:50) - Real Estate opportunities with Podplay(14:26) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(16:13) - Enhancing building & company culture with sports(18:24) - Revenue sharing model with landlords(19:40) - Podplay vs. Topgolf(25:54) - Autonomous operating model(28:28) - The rise & trends shaping third places(34:48) - Feature: Blueprint - The Future of Real Estate 2025(35:35) - Office-to-retail conversion opportunity(41:17) - Inspiration from ServiceTitan's IPO(47:16) - Collaboration Superpower: Charles Dickens (Wiki) & David Foster (ITTF)
Keith discusses the pros and cons of investing in single-family rentals versus apartment buildings. He highlights that less than 10% of U.S. building materials are imported, reducing the impact of tariffs. Single-family rentals offer better tenant quality, lower vacancy rates, and higher appreciation potential. They also have lower financing costs and are more divisible. Conversely, apartment buildings offer economies of scale and lower per-unit maintenance costs. He emphasizes the importance of owning more property, especially new-builds, which offer lower insurance premiums and attractive financing options Work with expert investment coaches to find the best off-market deals and maximize your returns. GRE Free Investment Coaching: GREmarketplace.com/Coach For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Show Notes: GetRichEducation.com/535 Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 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— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 welcome to GRE. I'm your host. Keith Weinhold, talking about how most home building materials are US sourced and not affected by tariffs, the little understood pros and cons of investing in apartment buildings versus single family rental homes, then what really makes sense to invest in in this particular era and more today on Get Rich Education. Speaker 1 0:28 since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show, guess who? Top Selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Corey Coates 1:13 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 1:29 Welcome GRE from Tallahassee, Florida to Waxahachie, Texas and across 188 nations worldwide. I'm Keith Weinhold, and you are inside, G, R, E, we are here for you every Monday, without fail, 52 weeks a year, and we have never replayed an old episode either, always original content. Thanks for being here, but you're not here for me. You are here for you as another year dawns before we get into the meaty real estate content of today's show, including single family rentals versus apartments. Take a moment to check in with your own goals. Maybe you think about that is just buying your first investment property, or maybe you own 83 rental units, and you're looking to get to 100 this year. But no matter really real estate is just the fuel for your goal. It's probably not the end goal itself is your goal to have the time freedom to watch all of your kids basketball games this year. What about beyond this year? Are you really dreaming big enough you've got to question yourself on that sometimes, for example, forget flying first class. What if you want to own your own private jet, like Taylor Swift's luxurious Dassault 7x jet for $54 million? how about real estate fueling a dream that's even bigger than that? Yet, last month, the Philadelphia Eagles received the NFL approval for the sale of an 8% interest of the team to two different family investors. Okay, do you find say that interesting owning part of a major pro sports team. And by the way, what would something like that look like for you? I mean, do you even have the headspace to conceive of such a thing? It's good to ask yourself questions like this. Sometimes that sale was based on a valuation of the team of up to $8.3 billion and yet, after all that, the Eagles owner Jeffrey Lurie, he still maintains complete control of the team. Okay, so if each of the two family investors got a 4% interest at this valuation, that is up to a $332 million investment for each family. Maybe that could be a Weinhold the family goal. We'll see about that one. And you know, when it comes to making yourself a bigger you and dreaming a bigger dream, I like to listen to what the doers say. I found it so interesting in a Jeff Bezos interview at the deal book Summit, Bezos said it's human nature to overestimate risk and underestimate opportunity. Bezos also said entrepreneurs would be well advised to try and bias against that piece of human nature, the risks are probably not as big as you perceive, and the opportunities may be bigger than you perceive. That's the end of what bezel said. I really think that that's spot on stuff. now two weeks ago, when I gave GREs national home price appreciation forecast for this year. You might remember that I said that potential Trump tariffs just don't matter as much as people think when it comes to real estate. And understanding more about why I say this, it can help you understand real estate materials and sourcing and home building in the United States, America's overwhelming majority of sourced building materials are not imported, so therefore something like a supply chain bottleneck that's more worth watching, really. It's a huge misunderstanding of the home building market to assume that most building materials come from overseas. They do not, not even 10% of residential construction building materials are imported. The National Association of Home Builders will tell you so. And really, the majority of those few imports that do come from elsewhere, they come from, Canada in the form of timber. You might have heard about that before. Now, there are some things like finishes and fixtures that get sourced from, oh, various other countries, but yeah, the biggest potential tariff expense impacting home builders would come from enacting a cost on Canadian lumber. But I and a lot of economists as well, they're pretty skeptical that the administration would really enact a tariff on a close ally like that, on Canada's raw materials. In fact, Chief Economist Lawrence Yoon of the NAR he conceded that even potential lumber tariffs, they might be given a phasing in period, and that would encourage American timber mills to fill in any production gap. It's also important to you know, remember that doors, windows, cabinets that builders utilize, they are typically produced within us, borders. Windows, doors, cabinets made domestically, unless it's something that relies on raw materials that are imported, they ought to be little affected by tariffs. One example is that kitchen sinks now they largely went from being sourced in China, then Malaysia, then Indonesia, and one main customer is now talking about sourcing them out of Mexico or the Dominican Republic. So there are a few things that less than 10% that's imported. Another imported item is flooring, which moved away from China, went to India for a while, went a little bit back to Brazil, and now more is being sourced by Ecuador. But the important thing to remember is that these are outlier components. Not even 10% of residential construction building materials are imported. That's what you want to remember, concrete, us, rebar, us. So you know, as a real estate investor, you can feel good that as your portfolio grows, each one of your properties was chiefly built with us, labor that you already knew, but it is also built predominantly with us, materials as well. How likely are single family rental investors to say that they want to buy more investment property this year. Well, year ago, 60% of them said that. Today it is up to 76% yes, that many say that they are either likely or very likely to buy single family rental property in the next 12 months, and that same group that was surveyed is also unlikely to sell their property, and they also said that they are more likely to raise the single family rent this year. And all this is according to a joint lending one resi club survey. However, most fall in the range of raising the rent between just 1% and 6% this year, so pretty modest rent increases. In fact, in every region of the US, the majority of single family rental investors describe their rental market as either strong or very strong. But can you guess the weakest region? Okay, this region is the one that still has a majority of landlords that say that their market is strong, but yet the weakest of them all is the South West, and that is largely due to over building and in the survey, what expense increased the most the past 12 months? Well, number one is that 37% of respondents these landlords said it is still insurance premiums. Second place was that 23% say property taxes are increasing the most. And then third was. And 21% say that maintenance and repair costs have increased the most for them. So the top three expenses cited expense increases that is in order, are insurance, property tax, and then maintenance and repairs. And a few weeks ago, I discussed with you, you might remember about how upgrading or remodeling a unit that helps you in at least five different ways simultaneously. Let me talk about this, since I touched on raising the rent and a little comprehension test here. Do you remember what those five ways are? the five ways your help by upgrading or remodeling a unit. And no, these are not the famed real estate pays five ways when you upgrade a vacant unit for rent, or at times, you can even actually upgrade a unit while the tenant is still occupying the property, if it's not a disruptive upgrade type. Okay, I mean, sometimes that tenant can be appreciative that they're getting an upgrade while they live there, but the five ways that upgrading a unit helps you are, first, well, obviously it helps you be able to get more rent in cash flow. Secondly, you tend to attract a higher quality tenant. And then in a five plus unit apartment building, it also increases your noi, therefore a greater overall property value. Fourth is pride of ownership. And then fifth is that higher rents help you offset those erstwhile higher operating expenses. And here's the thing, when you get free help from one of our GRE investment coaches, like you can do at GRE marketplace.com those properties are either already extensively renovated or they are completely brand new build. So because of that fact, this means that from day one, your rent income is already optimized. You already have the best chance of landing a quality tenant, and you get some sense of having a pride of ownership. And all of those things, they're already optimized for you. You don't have to tinker with anything else, because those GRE marketplace properties, more than 95% of them are either renovated or new build. I would say, using properties conducive to the BRRRR method, they would be the few exceptions there and on GRE marketplace, you can find lower cost renovated single family homes, up to million dollar apartment buildings, either new or renovated. And another pro tip here to help you with something actionable in a premium place to source your growing income property portfolio. You've heard me mention them before, is mid south home buyers, but I'll tell you more about what's going on with them. Yeah, they're an especially good place to add your portfolio if you either haven't invested outside of your home market before, or you don't have as much liquidity right now, because their prices are just 100 to 180k they are still in that range. And yes, that 100 to 180k that is indeed the entire capital price for the asset. So that means down payment and closing costs being about 25% therefore it's just 25k to 45k Yes, you can still get started for that little with a wonderfully renovated property in either Memphis or Little Rock. Those are the two markets where mid south home buyers operates, and they are some of the most investor advantage markets in the entire nation. And then the US is one of the most investor advantage markets in the world. And last month, I met and spoke with a 19 year old guy that lives in Dallas, and he just bought his first ever investment property from mid south home buyers in Memphis. And in fact, it was his goal to have his first income producing property at age 18, and he bought it the day before he turned 19, so he barely met that goal. But yeah, they are total pros at mid south they've been doing it for over two decades. They say that they are the nation's highest rated turnkey property provider. They might even be the first provider in the nation, if you like. They also manage the property for you, and their property managers are really aware that their investors, like you, seek a return on investment, so they often have a line a waiting list. To get their properties. Last I checked the line at mid south had shortened globally attractive cash flows an A plus rating with a better business bureau, and they've now renovated over 5000 houses. And over there, they do a lot of things with their management that you just wish every provider would do, there is zero markup on maintenance. Their average occupancy rate is almost 99% average renter stays more than three and a half years. And you know that three and a half years, that duration of tenancy that could be poised to go even higher now, with the affordability crisis for these want to be first time homebuyers now, most of what mid south has are single family rentals, quite a few duplexes too. Every home has brand new components, a full one year warranty, bumper to bumper, new 30 year roofs. And then the really important part expect a high quality renter that they screen and find in place for you. So let me give you an example of two real properties. And now, if these two aren't under contract already, they probably soon will be, since I'm mentioning them. And of course, duplexes cost more than single family rentals. This duplex is in Jacksonville, Arkansas. It's just northeast of Little Rock. It is 913 and 915 Ruth Ann drive, the combined rent from both sides is $1,775 the all in cost is about 210k 2099, in total, it's 1600 square feet. So 800 square feet each side, it's two bed, one bath each side. The Property taxes are really low, $1,300 a year, really nicely renovated with good quality materials. I mean, I love owning properties like this all day. So that's a duplex in the Little Rock market. Another one from mid south is this, Memphis single family rental. The address is 400 Bonita drive. It is $1,200 rent on a $148,100 purchase price. Gosh, those numbers work. This single family rental is three bed one and a half bath, 1164 square feet. Gosh. Again, low property tax in these regions, just $1,120 annually. All right, so that property tax rate is just three quarters of 1% of the purchase price. So really low on a national basis, a big backyard, eat in kitchen, separate laundry room, walking distance to schools. I mean, this is the type of property a tenant family could live in for five or 10 years, beautifully renovated. And I'm bringing these up because these are all at prices that Metro New Yorkers or coastal Californians can barely believe. So each property has hundreds of dollars of projected positive monthly cash flow. Each one increases your income 2000 to $5,000 per year. And I have personally toured mid south home buyers office in Memphis and their properties in person in Memphis. And I've seen their properties in each stage. I walked a tear down that they were doing, and I saw all the debris in the backyard. And I have seen their hardwood floors shine inside newly renovated property that I walked with both Terry and Liz from over there at Mid South. She is a pretty popular and extremely knowledgeable woman there. Liz, you can ask for her or one of her team members about getting on the list over there. Yes, these are 100k to 180k already renovated. Yes, that's truly the all in price, and they are in decent, working class pride of ownership neighborhoods in Memphis, Tennessee and Little Rock, Arkansas. And a lot of people get their start in investing there, I suspect it's now in the hundreds, with the number of GRE listeners that have bought from them. But even veteran investors, with dozens of units, they scoop up properties from them due to the low prices, some even pay gasp, all cash, yes, no leverage for them. And mid south homebuyers has investor tours monthly, where they load everyone on a bus, and you can check out the properties, because they are really proud of what they offer there coming up next, I'm comparing single family rental investments to apartments. But yeah, right there. That was a pro tip that really ought to help you out. Expect cash flow from day one. A 19 year old is doing it. You can start yourself at mid south homebuyers.com. More next. I'm Keith Weinhold. You're listening to get rich education. Oh geez, the national average bank account pays less than 1% on your savings, so your bank is getting rich off of you. You've got to earn way more, or else you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk, your cash generates up to a 10% return and compounds year in and year out. Instead of earning less than 1% in your bank account, the minimum investment is just 25k you keep getting paid until you decide you want your money back. Their decade plus track record proves they've always paid their investors 100% in full and on time. And you know how I'd know because I'm an investor in this myself, earn 10% like me and GRE listeners are. Text family to 66866, to learn about freedom. Family investments, liquidity fund on your journey to financial freedom through passive income. Text family to 66866. Hey, you can get your mortgage loans at the same place where I get mine, at Ridge lending group NMLS, 420056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com Kathy Fettke 21:55 you this is the real wealth network's Kathy Fettke, and you are listening to The always valuable get rich education with Keith Weinhold. Keith Weinhold 22:12 Keith, welcome back for the 535th week in a row you are listening to get rich Education. I'm your host, Keith Weinhold, and I'm really grateful to have you here if you self manage your properties. One software that can really simplify your life is called Hemlane, H, E, M, as in Mary, l, a, n, e, Hemlane. You might have heard about it before. I now know quite a few people that use it. It's been getting some really good reviews. You can manage your properties from anywhere, even through your phone. And Hemlane has got some really good integrations, and now it's more than just investors like you that are using it. Agents and property managers are using Hemlane too, from advertising to tenant screening to maintenance and repair and accounting, and I just learned that they recently got all of the state specific lease agreements integrated on their platform as well. That's why it was on top of mind. If you prefer to self manage and you want to make it easier, what you can do is book a free demo and they show you how it works. Over there, it's just hemlane.com where you can do that if you like. Let them know that I told you about it. Before I share something else actionable with you, let's do some learning and talk about apartment buildings and single family rental properties, and compare the two, some pros and cons of each. And perhaps the most obvious advantage of apartment buildings is their economies of scale. A 12 unit apartment only has one roof to maintain and one insurance policy to maintain. Another efficiency is that shared common areas and plumbing and HVAC systems that can lower your individual maintenance costs on a per unit basis as well in those apartments. And right now, at this time in the mid 2020s, decade, another advantage of apartments is that this time in the cycle is where values are just about bottoming out. Apartment buildings in a lot of national regions have fallen 20% fallen, 25% or even fallen 30% or more from their highs that were seen two to three years ago, and that's due to those higher interest rates. And the reason that this is an advantage for apartments is that you might be able to buy low, buy the dip, apartment cap rate. Have settled in the mid five range. Now, well located Class A has dropped back into the fours. Long time investors already know about some of the advantages, but you know, even some long time investors, they often overlook some of the advantages that single family rental properties have over apartments. So let me share some of those with you. Now, as you know, I started off with my first two investment properties, both being four Plex buildings, and then after that, I added larger apartment buildings and single family rental properties, and I still do buy and own single family rentals. So let me tell you about why I love them. They might have the best risk adjusted return anywhere even after 2008 great recession. Those that bought single families for cash flow persevered with single families. You get a better quality of tenant than you do in apartments. They take care of the premises. They tend to be in a better neighborhood. Single families tend to appreciate better over time, and are also more likely to be in a better school district. Single families have a retention advantage. Tenants stay longer, and that creates less vacancy and expense, and the reason that they do stay longer are those aforementioned neighborhood and school district characteristics, common areas. You know, single family rentals, they don't have any common areas that you have to clean and maintain. I think I pointed that out to you before, because that's like an overlooked profit drag that I missed when I bought my first larger apartment building. Yeah, apartments have hallways and stairs and laundry rooms and commonal door grounds that a custodian has got to service. Single families have an advantage when it comes to utility payments, because tenants often pay all of the utilities and they even care for the lawn. The larger the apartment building is, the more likely that you are going to be the one paying the utility costs. Then there's divisibility. What if you've got a property that's underperforming out there and it just isn't meeting your expectations? Well, if you had, say, 10 single family rental homes, you can sell off the one or the two that aren't performing, but yet, with a 10 unit apartment building, you've either got to keep them all or sell them all. It is not divisible. What about fire and pestilence, something a lot of people don't talk about? I mean fire and pests. They are more easily controlled in single family rentals, even if you're adequately insured, these conditions often affect multiple units and families. They can spread in an apartment building. Financing is a huge one income single family homes, they have both lower mortgage interest rates than apartments and typically lower down payment requirements than apartments. I think you already know you can secure 10 single family rental loans, single 20 if you're married at the best rates and terms through Fannie Mae and Freddie Mac with just 20% down payments, you can even go less than 20% on non owner occupied in some cases, but apartments rarely, if ever, have 30 year fixed rate terms like single family rentals do, and this right here in particular, that really started bringing down a lot of apartment investors, beginning in 2022 and 2023 when their interest rates reset much higher, doubling, or even more than doubling. How about vacancy rate? It is true that if your single family is vacant, then your vacancy rates 100% if your say four Plex has one vacancy, well then your vacancy rates only 25% but yeah, the same is true if you own four single family rentals and one is vacant. How about management? If you hire professional management, your manager would likely rather deal with higher quality, single family residence. And if you're self managing, this is a demographic of people that you would likely rather handle yourself. Then there's supply and demand, there just absolutely still are not enough low cost, single families that make the best rentals nationally, demand still exceeds supply. That's the opposite condition for apartments, and this is something that's going to continue in the short and the medium term market risk that is an overlooked criterion. You've got to keep your properties filled with rent paying tenants that have jobs. If you think you'll be able to buy 10 rental units in the near future, well, your 10 unit apartment building that's only going to be in one location, and that's going to leave you exposed to just one geography's economic fortunes. But if you have 10 single families, you could have four of them in Central Florida, three of them in Fort Worth Texas, and three of them in Memphis. And you got to think about exit strategy. A lot of people don't think about this. Think about the exit before you even get in, because years down the road, when it's time to sell your income property, hopefully, after you've had years of handsome profits, and real estate pays five ways and all of that, you know what? Down the road, there is going to be a greater buyer pool for your single family rental than your apartment building. In almost every case, more buyers can afford the lower price, and unlike apartments, you even have access to a pool of buyers that might want to occupy the single family rental themselves. It might even be your current tenant that buys it, but the market and the numbers have to make sense for someone to want to buy an apartment building, but if an owner occupant buys it from you, that family doesn't have to have any numbers that make sense. So your single family rental is more liquid on your exit and professional management, that's another reason that single families can make sense. Because see single family rentals, they can be spread all over a metro area diffusely, and if you self manage, that is a lot of little trips that can get to be a hassle. But if you use a pro manager, well, they're the ones that have to manage the scattered sites. And a lot of times, managers don't charge you much more to handle your single families than they do your apartment buildings. So right now, there were a ton of advantages, a good 15 or 20 advantages there that single family rentals have over apartment buildings. And it's important I discuss them, because there are a lot of investors that don't factor all of those in. Even veteran investors tend to overlook some of those things. Again, I really like apartment buildings as well. They could very well be my second favorite investment to single family rentals, and I would like to now, with that understanding, really say something that I probably don't say quite often enough if you want to benefit from all these wealth building forces here that I've talked to on the show for for more than 10 years. You need to own more property, or get started with your first property. Now I've already given you one great resource for that. And yes, what do they say? The turtle never got ahead until he stuck his neck out. Now the uncertainty, I mean uncertainty. That's just that condition that never completely abates. But in a sense, I think you can say today that the future is already here because we've got substantially more economic certainty and political certainty than we have had in recent years. The presidency was decided peacefully. Recession fears have abated. The Fed after screwing up with high inflation a few years ago, they have now engineered a soft landing, meaning lower inflation with still high employment. So now is a good time. What about real estate prices? I'll tell you something about that all of my investor life, every single property that I've ever bought, without exception, it felt aggressively priced at the time, and then, typically, it always happens when as little as one year or two years goes by, it already looked like a good decision. And I'd like to encourage you to do something else in this era, if you can swing it, buy new build property. That's something that wasn't always true. They do cost more. It's probably going to be 300k plus for a new build rental, single family home, but either way, be sure to own more property, existing or new benefit from what we talk about now. In some parts of the nation, including Florida, builders built a few too many properties, and they are willing to give you a discount for that. They might even cut the price a little and give you a rate discount, buying down discount points for you so that you can get a mortgage loan interest rate in the fives or even in the fours on new build income property right now in a volatile insurance market, new builds also have some super low insurance premiums because the property is built to today's more stringent codes. I mean, a. Just put an example out here. If you say, buy 10 rental, single family homes for $3 million total, 10 properties, 300k each. Okay, it's just 5% appreciation, which is what I projected for this year in our home price appreciation forecast. Two weeks ago, on $3 million worth of property, that's 150k per year, every year growing that you can pull out of the properties completely tax free. But to get that 150k per year tax free, you would have only had to make a 750k down payment and closing costs 25% on this that's not even counting the cash flow that the properties generate, plus your loan, of course, is simultaneously being paid down by tenants. And on top of that, inflation would just relentlessly debase your two and a quarter million dollars of fixed rate debt. Yes, all while the appreciation and the cash flow occurs, inflation debases your debt by another $67,500 every single year, and your tenant pays down some more principal on top of that. And then there are the other tax benefits too. And this is where you are massively getting ahead. All right, that was a $3 million portfolio, but if you can only do 1/10 of that own, just say one more new build, 300k single family rental, then you get 1/10 of those benefits that I mentioned, and either way, a total return on investment of 30% or more annually that is achievable. It's actually even conservative. I mean, just with the 5% appreciation, with four to one leverage, that's a 20% return just on the appreciation component alone. And our GRE investment coaches can make this real for you. They can talk to you about these properties and others, including those mortgage rate buy downs into the fives and the fours properties in investor advantage markets in Ohio, Indiana, Illinois, Pennsylvania, Georgia, Oklahoma, Texas, Florida, Alabama, Mississippi, Tennessee, Arkansas and some others. In fact, let me give you two examples of what our investment coaches can help you with right now. This is pretty fun, actually, as I talk about these properties, because you might even end up owning the ones that I discuss right here on the show. The first of two is a brand new build, single family in Palma Coast, Florida. Gosh, it's a ranch home. Really good looking. Two car garage, is what I'm looking at here. It's 1200 square feet, three, bed, two, bath. It's called the Bing model, and it's got the type of layout that tenants really want today. I mean, your resident could stay there for a long time. $2,100, in rent for a purchase price of $289,900 I mean those numbers, along with the mortgage rate buy down to four and a half percent, plus new build insurance premiums that are going to be low. That really works today. That is really attractive there in Palm Coast, Florida. And the last one I'll mention is an older single family rental in Canton, Ohio. Yes, that's the home of the Pro Football Hall of Fame. The address is 2422 6th Street, Northwest in Canton. Rent of 1225, and a purchase price of just $135,000 The size is 1036 square feet, and it is four beds, one and a half baths. The renovations really look quite good. As you recall, those benefits of buying property that's already renovated, like I discussed earlier, all for 135k in today's market. So these properties and so many more like them, that's what our investment coaches can help you with. Their service is always completely free, but first what they do is they learn a little about you, and they can then put together an entire investment real estate portfolio for you, if you like. So they'll assess and evaluate what you've got, where you want to go, what property types are conducive to aligning with your strategy, and are there any best geographies for you? And more. So it's really important to stay in touch with your coach. I mean, we might find out, for example, tomorrow, that a home builder that we work with decided to offer some massive mortgage rate buy down incentives for you because, say, they built too much. So I really encourage you to set up that touch point for the first time, or to stay in touch and see what's happening, free coaching off market opportunities, and it's easy to set up a short meeting over the phone or on zoom with an investment coach. You can do that at GRE marketplace. It really can be quite a life changing venture for you from GRE marketplace.com just click on the coaching area until next week. I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 2 40:49 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 41:09 The preceding program was brought to you by your home for wealth, building, getricheducation.com.
Brandon Wright is the Co-founder and CEO of Tongo, the company he co-founded to help Real Estate agents address cash flow challenges by providing financial tools such as a commission line of credit and a payroll solution to help stabilize their incomes and automate savings. With a deep understanding of the challenges faced by agents and commission-based earners, Brandon has led Tongo in creating innovative solutions that provide liquidity and flexibility, empowering users to manage cash flow effectively. He began his career at Smith Barney in Seattle, Washington, working under renowned contrarian value investor Jamie Dimon, current CEO of JPMorgan Chase. He then ventured into entrepreneurship, starting a coffee shop in Seattle. Brandon then pursued an MBA at Cornell and joined private equity firm Vista Equity Partners, where he implemented best practices across their software portfolio. Leveraging his experience, he co-founded a company that used AI to build decision engines for lenders, ultimately transitioning into developing a buy now, pay later solution for e-commerce called Catapult.(01:09) - Brandon's Journey in Financial Services(06:28) - The Birth of Tongo(07:48) - Challenges in the Real Estate Market(11:09) - Tongo's Financial Solutions for Agents(16:26) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(18:12) - Success Stories & Future Plans(21:32) - Lowering risk with data availability & efficient distribution(27:27) - Impact of NAR Lawsuit on Real Estate agents & investors(35:07) - Feature: Blueprint - The Future of Real Estate 2025(35:54) - NYC Housing Market & FARE Act(40:43) - Collaboration Superpower: Jamie Dimon (Wiki)
In today's episode we explore the latest trends in the U.S. rental market. Kathy Fettke discusses the continued decline in apartment rents, the modest rise in single-family home rents, and the key factors driving these shifts, such as higher vacancy rates, increased multifamily construction, and changing demographics. Learn how these trends impact renters, landlords, and investors, and what to expect in the year ahead. Don't forget to get your early bird tickets for the Passive Wealth Expo on January 18th at the SF Convention Center—get details at newsforinvestors.com! Timestamps: (00:00) What Can Investors Expect for Rent? (00:28) National Seasonal Rent Trends (01:28) Professional Manage Apartments (01:37) What is Causing Declines? (2:46) Single Family Rentals (03:29) What Does this Mean for Investors? Links: JOIN RealWealth® FOR FREE https://realty.realwealth.com/join-now/ FOLLOW OUR PODCASTS The Real Wealth Show: Real Estate Investing Podcast https://tinyurl.com/RWSsubscribe Real Estate News: Real Estate Investing Podcast: https://tinyurl.com/RENsubscribe Sources: 1 - https://calculatedrisk.substack.com/p/asking-rents-mostly-unchanged-year-877?utm_source=post-email-title&publication_id=443155&post_id=152477747&utm_campaign=email-post-title&isFreemail=true&r=5cplo&triedRedirect=true&utm_medium=email 2 - https://www.corelogic.com/press-releases/corelogic-rent-growth-slows-to-lowest-rate-in-four-years/
Caren Maio is the CEO and co-founder of 100, a Proptech company tackling rental fraud for Multifamily owners and operators. A staggering 93% of operators have experienced fraud in the last 12 months, and Caren and the 100 team are on a mission to stop it. Prior to this role, she led Moved, and co-founded and led Funnel (previously Nestio), a leasing and marketing platform for Multifamily properties, where she served as CEO and President for 11 years. Under her leadership, Funnel was recognized as one of Entrepreneur Magazine's "Best Entrepreneurial Companies in America." Caren's expertise has earned her features in publications like The Wall Street Journal, Bloomberg, and Forbes. Caren is also a member of the Forbes Real Estate Council and, before her entrepreneurial ventures, she held sales and marketing positions at The Wall Street Journal and Nike.(02:01) - Inman's Proptech Awards(04:52) - Caren Maio's Journey to 100(06:27) - Understanding Renter Fraud(10:44) - Tech stack & Partnership with CLEAR(14:41) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(17:22) - Business Model & Market Strategy(21:53) - Unexpected Proptech Alliances(22:52) - Proptech fundraising: challenges & advice for first-time founders(34:04) - Feature: Blueprint - The Future of Real Estate 2025(38:42) - Collaboration Superpower: Betty White
Taylor Hou is the CEO and Chief Happiness Officer at APM Help, a company serving over 300,000 single family homes nationwide dedicated to professionalizing the single family property management industry by bringing clarity and efficiency for accounting and operations. A serial entrepreneur and tech investor, Taylor is passionate about applying lean startup principles to create process efficiencies in tech and startups. With a focus on streamlining products and services for an optimal user experience, Taylor thrives on improving systems and building better processes to make them more effective and impactful.(00:56) - Taylor Hou's Background and Journey(02:43) - Evolution of Property Management(04:34) - Challenges in Property Management Roll-ups(13:45) - Feature: Blueprint - The Future of Real Estate 2025(14:35) - Institutional SFR's Impact on Housing(18:46) - APM Help's business(28:36) - Current Success & Future Innovations(31:25) - Embedded Banking Opportunity(34:23) - Unlocking Liquidity in Rental Housing(42:34) The Future of Property Management Tech(47:45) - Collaboration Superpower: Masayoshi Son (CEO of SoftBank, Wiki)
Overpriced and poorly maintained rental properties are making it harder and harder for ordinary families to live comfortably. That's why MODRN Living's (917-496-9509) latest project is such a welcome boost for workers in Florida. Learn more at https://modrnliving.com Modrn Living City: West Palm Beach Address: 700 South Rosemary Avenue Website: https://modrnliving.com Phone: +1 917 496 9509 Email: efuller@modrnliving.com
In this episode of the First Responders Wealth Network podcast, Dave Knight interviews Andrew Kim, CEO and co-founder of SHARE, to discuss an innovative approach to real estate investing, specifically within the US single-family rental market. Andrew shares how SHARE simplifies the investment process for Canadians, from asset management to financing solutions, including popular options like HELOCs and DSCR loans for foreign investors. Andrew also provides insight into investment structures such as US C Corporations and Limited Partnerships, while highlighting key real estate markets like Texas and Atlanta. He reveals his personal strategy of transitioning from C-class to B-class homes and talks about Share's long-term rental focus. Don't miss out on this invaluable discussion for investors looking to break into the US real estate market —Tune in now! Links: Website: www.sharesfr.com LinkedIn: https://www.linkedin.com/in/andrewkim83/
Join us on this episode of the Property Profits Podcast as Bryce Kaminsky chats with Fraser Nybo about his exciting journey in real estate. Starting with a single family home, Fraser now manages a collection of multi-family buildings and shares how he grew his investments. Learn about the challenges and strategies of building a real estate empire from someone who has been through it all. Don't miss these insightful stories and tips, perfect for anyone interested in real estate! ================================== Want to grow your real estate investing business and portfolio? You're in the right place. Welcome to the Property Profits Real Estate Podcast
Learn more about the guys: J Scott: https://linktr.ee/jscottinvestor Mauricio Rauld: https://www.youtube.com/channel/UCnPedp0WHxpIUWLTVhNN2kQ AJ Osborne: https://www.ajosborne.com/ Kyle Wilson: https://www.bardowninvestments.com/
In this episode: the lock in effect, renting vs buying, househacking in 2024, interest rate, and real estate investment. In this episode, Scott Trench of BiggerPockets shares invaluable insights into the 2024 real estate market, breaking down everything from housing supply to interest rates, syndications, and investment strategies. Whether you're a seasoned investor or just curious about real estate, this episode provides a window into the current state of real estate investing the FI way!
Colin Trovato, portfolio manager at Ranger Global Real Estate Advisors, was a guest on the latest episode of Nareit's REIT Report podcast. Trovato discussed housing trends and the role of the single family rental (SFR) sector in helping to alleviate the shortage of supply.Trovato discussed the impact of rising interest rates on home ownership and the demand for SFRs. Higher rates since 2022 have increased home buying costs and reduced housing inventory, as many current homeowners are reluctant to move due to their favorable mortgage rates. This scarcity has boosted demand for SFRs, making renting more attractive compared to buying.
Located within easy reach of Fort Myers, Rotunda West, Port Charlotte, and North Port, MODRN Living's new Placida development offers beautiful and modern single family rental homes at affordable rates. Go to https://modrnliving.com for more information. Modrn Living City: West Palm Beach Address: 700 South Rosemary Avenue Website: https://modrnliving.com Phone: +1 917 496 9509 Email: efuller@modrnliving.com
EP 103 - We're thrilled to have Donnise Webb back on The Share the Wealth Show! Hear Donnise's insights on transforming lives through her rental model. Donnise offered her valuable perspectives on:
Visio Lending provides long-term mortgage financing to investors in long-, mid- and short-term single family rental properties across the United States. In this episode, Adam Torres and Jeff Ball, CEO of Visio Lending, explore Visio Lending and mortgage financing options for investors. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: https://missionmatters.lpages.co/podcastguest/ Visit our website: https://missionmatters.com/ More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia
Visio Lending provides long-term mortgage financing to investors in long-, mid- and short-term single family rental properties across the United States. In this episode, Adam Torres and Jeff Ball, CEO of Visio Lending, explore Visio Lending and mortgage financing options for investors. Follow Adam on Instagram at https://www.instagram.com/askadamtorres/ for up to date information on book releases and tour schedule. Apply to be a guest on our podcast: https://missionmatters.lpages.co/podcastguest/ Visit our website: https://missionmatters.com/ More FREE content from Mission Matters here: https://linktr.ee/missionmattersmedia
Garan Narang, CEO of Adventure Awaits Stays, is focusing on larger event properties like wedding venues. He emphasizes unique guest experiences, tax benefits, and properties with large acreage. Garan discusses revenue growth, valuation challenges, and expansion in Texas Hill Country, stressing the importance of a local team. Sponsors: Viking Capital Apartments.com
How do large corporations decide what part of the country they should move to or build new facilities? It's much more than a random recommendation, a sale price, or a gut feeling. They do in-depth studies and often hire expensive consultants because it's a huge investment and they don't want to get it wrong. In this episode, you'll hear from site selection consultant, John Boyd Jr., who has his finger on development across the nation. John will talk about the site selection process, the exodus from California and where companies are going, challenges in choosing the right location, industries that are driving growth in various parts of the country, and the impact of climate change. He'll also share some information on a few of the hottest growth markets in the nation today, including an area near San Antonio, Texas. John is at The Boyd Company out of Princeton, New Jersey. It's one of the most trusted and well-known corporate site selection firms in the nation with clients like Boeing, Chevron, Pratt & Whitney, PepsiCo, Visa International, Shell, Honda Motor Company, Hewlett-Packard, and JP Morgan Chase. John is often invited to speak at conferences and is routinely featured in the global news media to talk about corporate site selection, economic development and the real estate industry. If you'd like to learn more about some of the exciting projects RealWealth is doing in the San Antonio area, sign up for a free RealWealth membership and login. We are currently acquiring new parcels of land for build-to-rent homes as part of a syndication. We also have a property team in San Antonio that can help you acquire rental homes on your own with a low mortgage thanks to builder incentives. ~~~~ JOIN RealWealth® FOR FREE
Asset prices are near all-time highs for almost everything: real estate, stocks, gold, bitcoin, and more. This is because in a wave of high inflation, investors chase yields. Legendary investor Jim Rogers joins us. Jim gives dire warnings about US debt levels. Meet me and one of our Investment Coaches in-person at FreedomFest in Las Vegas, July 10th to 13th. I put $1T into perspective. A trillion seconds ago was 31,700 years ago. That's when neanderthals roamed the plains of Europe. The dollar is a monopoly. The US government has no competition for their product, the dollar. Jim Rogers believes that higher inflation and interest rates are here to stay. He says: “Before this is over, interest rates in the US are going to go much, much higher.” Resources mentioned: For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.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. You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold Complete episode transcript: Keith Weinhold (00:00:01) - Welcome to GRE. I'm your host, Keith Weinhold. I'll tell you about a chance to meet me in person. Then we're joined by a renowned and legendary investor for his sage like wisdom on how you should respond to record US debt levels for forecast the future direction of inflation and interest rates, plus a taste of the Singapore real estate market today and get rich education. Robert Syslo (00:00:27) - Since 2014, the powerful Get Rich Education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Weinhold writes for both Forbes and Rich Dad Advisors, and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich Education can be heard on every podcast platform, plus has had its own dedicated Apple and Android listener. Phone apps. Robert Syslo (00:01:02) - Build wealth on the go with the Get Rich Education podcast. Sign up now for the get Rich education podcast or visit get Rich education.com. Corey Coates (00:01:13) - 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 (00:01:29) - Welcome to GRE. From Sydney, Australia, to Sydney, Nova Scotia, Canada, and across 188 nations worldwide. I'm Keith Weinhold and you're listening to Get Rich Education. Why are our values of almost every asset so high? Well, one reason is because we've had that high wave of inflation. When that happens, savvy investors, people just like you, they ensure that money must flow into assets. And that's because you seek a real return above and beyond inflation. If inflation were low, investors wouldn't have to chase yields this way. I've got more on asset values in a moment. But first, on today's guest, legendary investor Jim Rogers, who will hear from as a returning guest here soon in early 2019. So more than five years ago, he told us right here on the show that interest rates are going to go much, much, much higher over the next few decades and that is going to ruin a lot of people. Keith Weinhold (00:02:32) - In fact, let's listen into that. Here it is. This is from get Rich education podcast episode 224, which you heard here in January 2019. This is Jim Rogers. Jim Rogers (00:02:43) - And interest rates are going to go go much, much, much higher over the next few decades. And it's going to ruin a lot of people. Keith Weinhold (00:02:50) - And then from there, he went on to tell us at that time, rising interest rates will set in for a long time. And this was back when the fed funds rate was just half of what it is today in mortgage rates were 4.5% back there in early 2019. So Jim Rogers made that firm prediction even before we knew about Covid. Then. And on that episode, we talked about getting your debt and locking it in. And then two years later in 2021, he was back here on the show to warn us to expect high inflation. Well, we sure got that too. And as you listen to Jim Rogers on today's episode, consider that, you know, he just often speaks with this sort of, I suppose, nonchalance that I think can make it easy to dismiss what he says. Keith Weinhold (00:03:46) - But don't do that because countless people have benefited from his guidance for decades. Just like I hope that you do today in the real estate world. Now, agencies agree that the national year over year home price appreciation rate is 6%. That's today per the FHFA, the NAR and Case-Shiller 6% home price appreciation. What about rents? Today, Single-Family rents are up 5%. Nationally, multifamily rents up 2.7%. So why are Single-Family rents growing faster than multifamily rents? Well, it's partly because 2023 saw the biggest surge in new apartment supply since 1987. Yes, that's back when Madonna was the hottest music artist and Reagan met with Gorbachev. But there's less apartment construction this year, so expect a lot of that to get absorbed. Available inventory of Single-Family Rentals is going to stay more scarce than apartments for quite some time, but long term they both expect to be in really great shape. Residential rental demand is sustainable now. Back in 2022, available single family home inventory that was an astoundingly paltry one quarter of what was needed. Keith Weinhold (00:05:20) - Well, now it's up to half. Some inventory has definitely been added. In fact, I was recently on television being asked about that. But this still means that demand handily exceeds supply. There's not nearly enough housing, especially on the single family end. And what about those perpetually just around the corner, always, constantly just around the corner, fed interest rate cuts. They keep getting delayed beyond a lot of people's expectations. Well, per the CME's Fed Watch tool, here is the chance given of when the first rate cut will occur by the end of July. 10% September 60th 4%. November 70th 7% December 90th 3%. You know, personally, I think the chances are lower than all of those currently inflation's at 3.3%. But here's the thing. Even when it hits the Fed's target of 2%, that doesn't mean that rates must be cut. All right. That's a reality that a lot of people seem to forget. Now here on the show, not after every quarter, but sometimes when a quarter ends, just like one did a week ago, we take a quick look at other asset class moves outside of real estate in order to get a relative perspective. Keith Weinhold (00:06:43) - Some comparison here. If you're listening to this episode ten years from now, this is really going to help mark this era for you to is we do have many listeners that listen to every single episode. The 30 year mortgage rate is near 7%. Now, all these next figures are year to date through the first half of the year. So this is just the performance of the first half. Stocks have soared. The S&P is up 15%. One way that US stocks changed last quarter is the trades are now going to settle faster. Investors will see their purchases and sales finalized in just one day instead of two. Gold is up 13% to over 2300 bucks. Bitcoin up 44%, oil up 16% to $82. And again, that's performance for just the first half of this year. The world's three largest companies Apple, Microsoft and Nvidia have a combined value of over $9 trillion. Now, a company's total value is known as its market cap, and that is simply found by multiplying share price and shares outstanding. By comparison, all the gold in the world is worth 15 trillion. Keith Weinhold (00:07:54) - Hey, if you're familiar with an event called Freedom Fest, I have some cool news for you. It's an annual conference that. How would I describe it? Well, I haven't attended it before, but there you can learn to expect more about free thinking and ideas about the size of government. Well, it starts in two days. It's July 10th to 13th in Las Vegas. You can meet one of Gre's investment coaches in person there and you can also meet me. Yes, we'll both be there. If you see us, be sure to say hi. We'd both like to meet you. Hashtag IRL in real life, some of the Freedom Fest speakers include our frequent great guest, Robert Kiyosaki, as well as some other guests that you've heard with me here on the show. Also, Steve Forbes, Iced Tea, the comedian Rob Schneider, Nevada Governor Joe Lombardo, Whole Foods founder John Mackey and the congressman that wants to end the fed, Thomas Massie and more. They're all speaking. So yes, not a lot of notice, but if you're going, it's a way to meet me in real life, perhaps just in a casual way, in two days at Freedom Fest. Keith Weinhold (00:09:08) - Well, it is public information that the net worth of this week's guest is $300 million. He's been influential for a long time. Let's talk to legendary investor Jim Rogers. This week's guest needs a little introduction. He is a legendary business and investing mogul of our time. He's a Yale educated, prolific author. He co-founded the Quantum Fund, and he even has his own commodities index and ETF. He's also a prolific traveler. He wrote a very well known book about his world travels, visiting some 116 nations. Hey, welcome back to gray. It's Jim Rogers. Jim Rogers (00:09:51) - I'm delighted to be here. Okay, let's get rich. I need to get rich. I want to get rich. Keith Weinhold (00:09:56) - Hey. Well, your guidance helps us do that. That's why you're here. And Jim is joining us remotely from his home nation city of Singapore today. And it's always interesting syncing up our times of day here. Jim, where to begin? You've been with us here. I think this is the fourth time you're here and about the last five years, and we're at a time when asset prices of seemingly everything are near their all time highs, maybe even in their inflation adjusted all time highs in some cases. Keith Weinhold (00:10:25) - What are your thoughts with asset price levels? Jim Rogers (00:10:29) - Keith. You it's very perceptive of you and insightful. Yes. This is one of the few times in world history that I know about where nearly everything is making new eyes. I think China is probably the only country. It's not making new eyes, but nearly everything else is. Now it's wonderful. It's great. A lot of people are having a lot of fun, but unfortunately, I've been around long enough to know that when things get this good, when everybody's having so much fun, we're getting closer to the end. I am not selling short or anything yet, but I see the signs that this is going to come to an end, as it always does, and it's going to be a mess. And the reason this is going to be a big mess this time. You remember what happened in 2008 because of too much debt each. That's 2009. The debt everywhere has skyrocketed. I mean, even China has a lot of debt now. China bailed us out before, but everybody has a lot of debt now. Jim Rogers (00:11:31) - Maybe not North Korea, but everybody else does. Keith Weinhold (00:11:34) - And that sure includes us. I mean, we have these asset prices at all time highs. Yet here we are, still the largest detonation in the history of the world in the United States now at 35 trillion. And we're spending dollars on others wars, something that we couldn't say when you and I talked a few years ago. The biggest line item of our national budget anymore is about $1 trillion in annual interest payments alone in. Jim, we're really on this course now where soon the US annual tax receipts won't even cover the interest payments on our debt, and we may have to borrow just to pay the interest. So where do we reach the breaking point here? With this world in debt led by the United States? Jim Rogers (00:12:20) - You one makes some very good points. Unfortunately. I wish you didn't. I wish you couldn't make those points right. It's simple arithmetic. Just look at the numbers. And the numbers you recite are just what they admit, what they write. Jim Rogers (00:12:34) - There's a lot of off balance sheet debt that they don't even talk about. I mean, the numbers, if you try to get out of pencil on a piece of paper, you will realize that the market can never pay this debt. Never. Countries that have gotten into this situation in the past have had big problems. Now it's a good time to be an old American. I don't have to worry about all this for too many years, but I have young children. Oh my gosh. The problem is that their country is going to face in their lifetime. I was staggering. You look back at previous countries that have done this kind of thing. In the 19 to 100 years ago, Britain was the richest, most powerful country in the world. 50 years later, it was bankrupt. IMF had to fly to London and pay their bills. It wasn't fun. It was terrible what Britain went through. But other countries have done the same thing. Maybe we don't like what I'm saying or what's happening, but just read the history and you will see how it winds up. Jim Rogers (00:13:38) - I certainly don't like it, but I have to deal with facts. If I don't deal with facts, I'll go bankrupt. To which I don't want to do. Keith Weinhold (00:13:48) - Yeah, sometimes let's laugh to keep from crying. Right? When you talk about how certain government figures are just what the government is willing to admit to, I think that's the right lens to look through. When you look at any government figures. Well, at least that's the part that they're willing to admit to. It's interesting that they're willing to admit to this is interesting that they're willing to admit to 9% inflation like we peaked at two years ago. But when you talk about the future and this huge debt load and children or grandchildren, could austerity be part of it, something that's very politically unpopular. But if we lived in an austere state, wouldn't that really be sort of like the downfall of the American empire at that point? Jim Rogers (00:14:30) - Well, that's what happened to the British. As I said 100 years ago, they were the richest, most powerful country in the world. Jim Rogers (00:14:36) - There was no number two. Then if two years later, completely bankrupt, I happened to be in England during part of that time and it was a mess. Wretched. So I don't like saying any of this, but I have to deal with the reality and the numbers you cite or what they admit. You know, the numbers are much worse. I don't know if anybody in Washington really knows. I don't even know if they care enough to check to see how bad things are. But every time a someone from Washington, a politician or a bureaucrat says something, they say, don't worry, everything's okay. We have a Janet Yellen who's a secretary of the Treasury. Are you or two ago said, don't worry, we have everything under control. Keith Weinhold (00:15:20) - Reassuring isn't it? Not really. Jim Rogers (00:15:22) - Oh my gosh. He's got a couple of fancy Ivy League degrees, but she still says, don't worry, it's okay. Well, I worry, I'm probably not as smart as she is, but I worry. Keith Weinhold (00:15:36) - Well, it's interesting that you bring up the fact about the things that we don't know and these numbers, these debt levels and even the deficit gets so big, we're just throwing around this word trillion anymore. Keith Weinhold (00:15:48) - For some perspective, I happen to know that 1,000,000,000,000 seconds is 31,700 years. In order to help put this into perspective, well, 31,700 years ago, that's just about as far back as when the planes of Europe were being roamed by Neanderthals. That's 1,000,000,000,000 seconds ago. And again, we are $35 trillion in debt, and we have a deficit of at least $1 trillion. The annual thing. Jim Rogers (00:16:21) - I'm glad you're putting some perspective on this, but I don't need it. I know it's a staggering whatever number you want to look at, whether it's the one they report or the one that's they hide whatever it is, I know, because I can add and subtract. I know that America has a gigantic problem that is going to end up like every other country that's done this sort of thing. It's going to end up badly. America is going to lose its status, not this month. Don't worry. July is okay. But no, I can read, I can add, I can subtract. I know how it's going to wind up. Jim Rogers (00:17:02) - It's not good for young Americans. Keith Weinhold (00:17:06) - I mean, we think of the fall of the Roman Empire. You bring up the UK. The UK is still part of the G7, but they're no longer the one predominant power in the world. Jim, when I look at history and I think about sort of the powers that be and how they create and debase the currency, and how those problems percolate into so many parts of the society. I think if the United States is basically they have a monopoly on creating currency, and I just wonder if that's part of the problem. Lennar builds houses, but they have competition from KB homes. John Deere makes tractors and they have competition from New Holland. Heinz makes ketchup and they have competition from hunts. See, when there's competition, there's sort of this incentive to produce quality and provide others with value. But since the U.S. has no substantial competition to the dollar, I wonder if we can think of this as a de facto monopoly from its dilution of the purchasing power of the dollar. Keith Weinhold (00:18:06) - Its quality is suffering because the dollar doesn't have any substantial competition. So I guess what I'm leading up to, what I'm getting at, is we think about currency creation as a de facto US monopoly. I mean, does the government have to be the exclusive money printer where all this just ends up in the debt column here? Jim Rogers (00:18:24) - You raise some very good points. But back to the first main point. The main point is there is no way that America can ever pay these debts except by default, Which is one horrible way. Or by printing gigantic amounts of money, which is another horrible way. This is not the first time countries have done this. If you just go back and look, it is never ended well. Never ended well. Yes, England is still there, but nobody thinks about England the way they did 100 years ago. And nobody in England lives like they did 100 years ago, and many people left. I don't know what's going to happen to the US, except I know it's not going to end well because I can add and you can add and subtract. Jim Rogers (00:19:15) - I wish we could subtract. There's nothing to subtract because the debt just keeps high and higher and higher. And the numbers are very simple. If you get out the amount of debt we have and see the possible income, it just doesn't work. If you have fifth grade education, fifth grade arithmetic, you know it doesn't work. Keith Weinhold (00:19:39) - Jim, I don't know if you remember this, but the first time you were with us, it was January of 2019. That was more than five years ago. And at that time you said interest rates are going to go much, much, much higher. That was your direct quote, three matches. And you said that it's going to ruin a lot of people. And here we are with a lot of people ruined in the commercial real estate world and the apartment syndication world and so on. So if you continue to think there's going to be more currency creation to make it easier to pay back our debt, does that mean you believe that higher interest rates and higher inflation are going to be a persistent condition, say, just till the end of this decade, which is about another five years? What do you think about inflation and interest rates for these next five years? Jim Rogers (00:20:27) - I know that in Washington they will print money. Jim Rogers (00:20:31) - That's all they know. They want to keep their jobs. They don't care about you. I don't care about any of us. They care about keeping their job. And they will do whatever they have to to keep their job the easy way. Now, the proper way, of course, is to buckle up, buckle down, and start doing something about the rendus situation we were in. They don't care. They think they'll be gone by the time those times come, if they're ever coming, and they will say, but we're America. We cannot have problems like that. Well, that's what the British said, too. Once upon a time. And as I say, there was no number two to the British. They were that power. They were that much on top. It's not that I don't like saying. I don't like thinking it. I don't like living with it. But I do hope I can prepare so that I don't go down the tubes like some other people will. But I may just do the arithmetic. Jim Rogers (00:21:32) - It's very simple. The numbers just cannot work. I didn't say the numbers do not work. I said they cannot work because the situation is that dire. They can hold it off for a while by printing money. Great. But then not for you and me. Certainly not for our children. Keith Weinhold (00:21:51) - I think that's all they're going to keep doing. That's the most expedient way to do it, to keep printing any politician that proposes austerity. And you having soup for breakfast, lunch and dinner is not very likely to get re-elected. Does that mean in the next five years you foresee historically elevated interest rates and inflation, which is basically where we actually still are now? Jim Rogers (00:22:14) - Well, of course I do. I mean, there's the market. The problem is right now the central banks still think they're in control, and they pretty much are. But there will come a time. And there always has in history when the market says, wait a minute, we know you're lying. We know this cannot work. And then when the market takes over and the market starts setting interest rates and other conditions, that's called disaster. Jim Rogers (00:22:41) - That's a real, real serious problem. The market will know how bad things are, and the Treasury secretary can sit there and say all day long, don't worry, don't worry. We have it under control. And the Marquis will say, thanks, but we know better. Keith Weinhold (00:22:59) - Well, we've got more coming up with Jim, including. He spent some 60 plus years abroad. I want to learn more about what he thinks with living and traveling so much about the United States. You're listening to get Rich education. Our guest is legendary investor Jim Rogers. When we come back, I'm your host, Keith White. Hope your bank is getting rich off of you. The national average bank account pays less than 1% on your savings. If your money isn't making 4%, you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk. Your cash generates up to an 8% return with compound interest year in and year out. Instead of earning less than 1% sitting in your bank account, the minimum investment is just 25 K. Keith Weinhold (00:23:45) - You keep getting paid until you decide you want your money back there. Decade plus track record proves they've always paid their investors 100% in full and on time. And I would know, because I'm an investor, to earn 8%. Hundreds of others are text family to 66866. Learn more about Freedom Family Investments Liquidity Fund on your journey to financial freedom through passive income. Text family to 266866. Role under the specific expert with income property, you need Ridge lending Group and MLS 42056. Injury history from beginners to veterans. They provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four plex's. Start your pre-qualification and chat with President Charlie Ridge personally. They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com. Speaker 5 (00:25:08) - This is The Real World Network's Kathy Petke, and you are listening to the always valuable get Rich education with Keith Reinhold. Keith Weinhold (00:25:26) - Welcome back to get Rich. university. So we're talking with investing mogul legendary Jim Rogers. Keith Weinhold (00:25:32) - He's joining us from Singapore today. He's joined us a few times over the past five years. And with what he said in what's coming, he's really been remarkably accurate. Sometimes he just gives a pretty casual delivery, but you really want to listen in to what he's saying. A lot of people have hung on his every word for decades here. And Jim, part of that is all your worldly experience. From so many of your travels and visiting over 100 nations. I've only visited about 35 so far myself. What do you think that we can learn about the United States from living and traveling abroad? Jim Rogers (00:26:07) - First of all, I used to tell you I have made many mistakes in my life. I don't think I don't know how to get things wrong. I have many times. But yes, living abroad, I certainly even traveling abroad is an eye opening experience. It's a fabulous education. Rudyard Kipling, who won the Nobel Prize for literature, once had a line and a poem. The name of the poem was The English flag and the lion was. Jim Rogers (00:26:36) - What can he know of England? Who only England knows. One is you'll know a lot about your own country if you know about the rest of the world. And you will you. If you go to country X and you see they eat different food or wear different clothes, it'll make you realize a lot about America. So my point is it's a fabulous education to see other places. I don't know if it's helped me. I in my view, it has helped me a lot to understand the world and to understand other people. Keith Weinhold (00:27:11) - Now, in my international travels, which are a fraction of yours, a lot of times I get a reminder that life in the United States is still pretty clean and efficient. We have an abundance of potable water all the way to an amenity like fast Wi-Fi. And you know if someone abroad is traveling in the United States, they get to experience those things, and they probably don't even realize or understand that we're the greatest detonation in the history of the world. It's actually pretty difficult to know. Jim Rogers (00:27:40) - There are signs that even those travelers will see. If you go to JFK airport, you will see the huge difference in JFK and say, the Japanese Narita Airport. You know your intuitive world when you visit some international airports outside of the US. But it's not just that America. Five star hotels do not compare with five star hotels in other countries. Listen, I don't like any of this because I have to live it. But the facts are. Yes. And you make a very good point that most people do not notice or does not affect them much at all if it affects them at all. But that just makes the eventual problem worse, because it hits us out of the blue and we don't know what happened. At least if we're worried, we can prepare. But you know, if you ride down the highway, most people think everything. It's okay. This is a nice interstate layout of potholes. They think everything is great. I hope that this all changes. I hope I'm wrong, but I have seen enough to dough that it's not going to end well. Keith Weinhold (00:28:55) - Tell us about where you've lived for a long time. I mean, you come from the United States, but you've lived abroad for a long time. You've been there in Singapore for a while. Singapore, which is a place I haven't traveled to, has a reputation for being prosperous and enterprising in a really clean place. So will you tell us a little bit more about why Singapore is prosperous, including what its real estate markets like? Jim Rogers (00:29:20) - Singapore is a tiny country. There are only 5 or 6 million people here. So yes, it has been a remarkable success story. It's probably been one of the greatest success stories in the world in the past 40 or 50 years. It still amazes me to see how efficient and how well everything works here. And they don't have yet the getting debt now, but they don't have the staggering debts that some other countries do. I mean, Japan, America. You look at some of the great success stories that come to people's minds. Japan did it by borrowing staggering amounts of money. Jim Rogers (00:29:57) - Every day, the Bank of Japan borrows huge amounts of money it's going to have a problem to someday. I mean, it's just very simple. I don't want it to sound like some crazy fear monger, but I can read. And I know how this is always wound up. Now there's some very exciting and successful places in the world. And if you go to some parts of the United States, you say, oh my gosh, what a wonderful place. And it is. But underneath seems to me that there are problems developing. If you come to Singapore, you'll say, oh my gosh, and I'm not the only one who knows it all. The international surveys show that Singapore is one of the very top. Keith Weinhold (00:30:42) - Now in Singapore, is it more of an owner society where most of the residents own the home they live in or like you find in a lot of urban areas? Is there a disproportionately high amount of renters there in Singapore? Jim Rogers (00:30:55) - Over 80% of the people at Singapore own their own home. Jim Rogers (00:31:00) - The guy who set out to build Singapore new and he especially because in his lifetime there had been a lot of riots in Asia. And he somehow knew that if people own their own home, they had a huge stake in the country, right? Had a reason to make sure, to try to make sure everything went well. So in this country, over 80% of the people own their own home. Yeah, he may have a mortgage, but still they own their own home. That's part of the reason for the success. I mean, for what it's worth, I'll also tell you he was a huge believer in education. He made sure that everybody spoke at least two languages. I mean, he knew what it took to be successful and he did it. Yeah. Keith Weinhold (00:31:49) - Homeownership is generally good for communities like you touched on. You just have more of a stake in making sure your neighborhood stays quiet. Or you might show more interested enthusiasm in new clean mass transit coming into your area. You're more likely to be a voter when you own your home, and so on. Keith Weinhold (00:32:06) - So sure, that gives the residents a more vested stake in their own community, which is good for everybody. Does Singapore have one problem that we have here with United States housing? Do you have any idea if there's a substantial housing shortage there in Singapore, like we're seeing in so many places? Jim Rogers (00:32:21) - Do not shortage in the sense that you probably mean it? Yes. At times prices go high because there's not an abundance of housing and people keep moving to Singapore because it has been a successful place. So no, it's not like many places that we both know, but there are more immigrants coming here. The population is rising and they got a little somewhere. Yes, people are building homes and so it's not a gigantic problem at the moment. Can it be? Yes, of course it can be. And maybe it will be someday, but not at the moment. One thing I'll quickly say. Many societies, many countries, have a saying that families go from rags to rags and three generations. And there are many reasons for that. Jim Rogers (00:33:11) - So social reasons. I will point out that Singapore is now on its fourth new government. So maybe if human wisdom is correct, maybe Singapore is going to have some problems in the future. You don't see them now. They might though. Keith Weinhold (00:33:28) - Well, that's an interesting way to think about it. We've talked about problems in a few nations, Jim. I wonder, do you see there being a bright next up, incoming nation because you have this relative perspective from all your travels. Jim Rogers (00:33:43) - There are places that are trying to change and do better. Yet, Nam is a perfect example. I mean, what a nightmare it was 40 or 50 years ago. Right now it's on the rise. South Korea is one of the most successful, prosperous nations in the world. And in 1970, North Korea was richer than South Korea. That, of course, is not true anymore. So countries can change and can develop. And it has worked. I'm interested in Uzbekistan now, in Central Asia. It was ruined by the communists. Jim Rogers (00:34:20) - over 600 years ago. Uzbekistan conquered a lot of the world. I mean, then the communists came along and ruined it. But now they're changing again. So there's always somebody on the rise, and I'll be somebody on the decline. That's key, of course, is to be in the place where things are getting better, not getting worse. Keith Weinhold (00:34:42) - With that in mind is we're about to wrap up here. Jim, you know, I like an actionable takeaway for the audience. And before I ask you that, if I can share with you what we do here in a nation and a world of expanding debt, Grey's take on debt here is the way that we can borrow large amounts prudently and get our own debt is to buy income producing real estate. If you borrow more, you can only control more and both inflation and tenants passively debase your mortgage debt for you, which enriches that borrower as long as they can control their cash flow. So really, that's one thing that we're doing to play things here in a world of inflation. Keith Weinhold (00:35:25) - What are your thoughts with that? Or if you think that there's something else that the everyday person can really do to protect themselves in the future. Jim Rogers (00:35:33) - It's pretty clear that there have been, if you understand that and if you manage it properly, oh my gosh, you can become unbelievably successful and unbelievably rich. The proper words are though, if you handle it properly. History also showed that many people have been ruined by debt, so I hope that everybody understands that debt is not as simple as it looks, but if you handle it properly, oh my gosh, the returns and the rewards are huge. And yes, there are many, many throughout history, throughout the world, many people that made gigantic fortunes from property, from real estate. So I hope you're doing it right. I hope all of your viewers are doing it right. It's not as easy as it looks, but it can lead to great success and great disaster. So yes. Don't stop. Make sure that everybody understands the potential problems and the potential rewards and they don't get overextended. Jim Rogers (00:36:37) - Oh my gosh, you'll be very, very rich. Keith Weinhold (00:36:40) - Yeah, that's a little bit like fire. If used inappropriately, could burn down your house. But if you know how to use fire, you can cook meals for the rest of your life. Do you have any last thoughts overall, anything you'd like to share? Anything we really want to know? Jim Rogers (00:36:54) - I will tell you again that before this is over, interest rates in the US are going to go much, much higher. The debt is staggering. It is just whenever I look at the numbers and think about them, it shocks me, stuns me because I know it's going to lead to huge, huge, huge problems. But the people who are aware and understand what's happening and thrive. So this is not some kind of disaster for everybody, but some people will do extremely well. I hope that everybody you know does extremely well. Keith Weinhold (00:37:31) - Well, Jim Rogers, it's been a pleasure hearing from you again. As always. Thanks so much for coming out of the show. Jim Rogers (00:37:37) - My pleasure. I hope we can do it again sometime. Keith Weinhold (00:37:45) - Oh yes. It's good to get the bigger picture. Sage like wisdom. I'm not sure if you caught it early in the interview, but Jim is not selling short. That means he's not betting that stocks are about to take a big fall. He expects even higher interest rates when it comes to America's swelling debt. Most agree that they're just going to keep inflating their way out of it, rather than default on it. I do, too, but consider that the US actually does have a history of defaulting, like in 1971 when we told the world that you can no longer redeem our debt, IOUs for your gold, that there was defaulting on a promise, we weren't going to give them the gold anymore. Singapore is still growing fast. In fact, it's averaged about 2% annual growth over the last decade. If you discard pandemic aberrations, the value of the median Singapore condo is $1.7 million, and it is 1000ft² in size. That sort of makes you think about New York City real estate. Keith Weinhold (00:38:52) - And in fact, I had a trip planned to Singapore in February 2020. It was a cruise, but I didn't go. That part of the itinerary got cancelled. If you remember, Covid heated up in Southeast Asia early on, so I ended up spending more of that trip in India and Dubai. As it turned out, with our accelerated expansion of the supply of dollars that have been created since 2020. Here's one result today, more than 43% of Americans have been forced to cut back over the past year, and nearly 20% have had to borrow from family or friends in order to make ends meet. And you know when politicians brag about government funding. Just remember this. They're actually expecting you to give them credit for spending your money. That's what that means. And unfortunately, no one is immune from Congress's spending, which can be reckless at times. If you don't pay for something with taxes, then you pay for it with inflation. And that's exactly the type of issue that we expect to study on at Freedom Fest, where I might be fortunate enough to meet you in two days. Keith Weinhold (00:40:10) - Big thanks to the iconic Jim Rogers today. His website is Jim rogers.com. Coming up on the show here in future episodes soon, we're going to discuss a few components that add value to your residential real estate that really don't get discussed very often. Garages and also the vacant land that your property sits on. Also, the King of Commercial real estate is set to make his Get Rich Education debut. We'll learn about commercial real estate turmoil and the commercial sectors that higher interest rates have blown up. Well, hey, do you have family or friends that are into investing or real estate? I love it when you hit the share button on your podcasting device or whatever platform you're listening on. Everything that we do here is free, and the share button really helps the show. And be sure to follow or subscribe to the get Rich educational podcast yourself if you haven't already. Until next week, I'm your host, Keith Reinhold. Don't quit your daydream. Speaker 6 (00:41:19) - 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. Speaker 6 (00:41:29) - 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 (00:41:47) - The preceding program was brought to you by your home for wealth building. Get Rich education.com.
Sharon Riddle, partner at Excalibur Investments of Texas, transitioned from single-family rentals to multifamily properties. She emphasizes conservative underwriting, broker relationships, and personal communication. Her key advice: stand out by solving brokers' problems and always communicate directly. Sharon Riddle | Real Estate Background Excalibre Investments of Texas, LLC. Based in: Denton, Texas Portfolio: 3507 units Say hi to her at: www.excalibretexas.com LinkedIn Best Ever Book: Second Chance by Robert Kiyosaki Sponsors: Apartments.com Ascent Equity Group
Eoin Matthews is the Co-founder at Point, a home equity investment company making home equity wealth accessible to homeowners without creating a monthly debt obligation. Homeowners get upfront funds from Point in return for a portion of your home's future appreciation. Point recently announced an oversubscribed $141M securitization, which marked it's second rated securitization and third overall, with its collaboration with Atalaya Capital Management. Eoin previously served as the VP of Business Development at Rakuten and has an extensive background in education.(2:20) - Point's & Eoin's origin story(5:43) - Potential HEI benefits for investors(9:20) - Point's securitizations strategy(11:42) - Capital stack evolution(14:17) - M&A activity in Housing tech companies(17:00) - Feature: Blueprint Vegas 2024(17:54) - State of the Housing Market(24:07) - Affordability of owning vs. renting a home(29:47) - Underwriting Proptech in the current rate environment(32:28) - Collaboration Superpower: Steve Wozniak (Apple Co-founder)
Jade Laye, an investor and lawyer, shifted from single-family homes to multifamily properties in 2015. He emphasizes education, networking, positive cash flow, and supporting Christian missions. Jade Laye | Real Estate Background Laye Capital Based in: Houston, TX Portfolio: 1150+ units across 5 assets Say hi to him at: www.layecapital.com Best Ever Book: The Bible Sponsors: SyndicationAttorneys Apartments.com Ascent Equity Group
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund for? And how much money should you keep in your safety net? Here's everything you need to know. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, we delve into the latest developments and pressing issues in the construction industry: Malarkey is Coming EAST: We explore the exciting expansion of Malarkey Roofing Products into the eastern markets. Learn about their innovative products, sustainable practices, and what this expansion means for contractors and homeowners alike. Developers Building Single-Family Rental Homes: Discover the rising trend of developers focusing on single-family rental homes. We discuss the reasons behind this shift, its impact on the housing market, and what it means for investors and renters. Biggest Threats to Commercial Construction: We identify and analyze the most significant threats facing today's commercial construction sector. From supply chain disruptions to labor shortages and regulatory changes, we cover the challenges and offer insights into how businesses can navigate these obstacles. Tune in for a comprehensive look at these significant topics and stay informed about the latest trends and issues shaping the construction industry. **The American Contractor Show is made possible because of our sponsors!** Infinity Home Services - Ridding the world of Unscrupulous Contractors - Get a free evaluation of your business at https://www.shopamericancontractor.com/pages/whats-my-roofing-company-worth JobNimbus - Trying to get organized? Does your team know what's going on with your customers? Is all the business information in your head? Do you want your program to be EXACTLY what you want it to be? Try JobNimbus 2 Weeks for free, no credit card required. - https://www.jobnimbus.com/try?utm_source=ACS&utm_medium=coolcontent&utm_campaign=ACS&utm_id=American+Contractor+Show Rilla - Coach your sales reps with virtual ridealongs to increase their sales! Learn more by going to https://survey.typeform.com/to/qJYf1Z3i HailTrace - The most accurate hail mapping application in the world! Learn more at www.hailtrace.com.
Deep dive into our conversation today as David Lilley tells his story of starting real estate investing with no experience and succeeding in the residential and self-storage space. David also shares his strategies while investing out of his backyard and the value of mentorship, property management, and business automation. Don't miss out on learning more and support us in bringing more amazing people to this show!Key Points & Relevant TopicsHow David learned more about real estate investing while working overseasDavid on building his team out of stateThe importance of having a mentor in overcoming challengesChallenges David had to face in raising money for the first timePivoting from residential to self-storage investing and how David increased its occupancy rateThe convenience of hiring a property manager and utilizing automation for a self-storage facilityNetworking and partnering with the right people in the businessResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout David LilleyDavid began real estate investing in 2013 with the purchase of his first Single Family Rental. Drawn to the economies of scale inherent to Multifamily, he purchased a 6-unit MF property in 2018. David has since sponsored the purchase of 1073 MF units valued at over $130m. Starting from scratch, David has direct experience with every facet of real estate acquisitions, redevelopment, and property management. Prior to his career in real estate, David served as an Infantryman in the United States Marine Corps with one combat deployment to Afghanistan. He worked as a Firefighter/Paramedic and was specially trained in multiple technical rescue disciplines. He later worked under the Department of State providing Close Protection to DoS officials including the Secretary of Defense. He deployed multiple times to Baghdad, Iraq. Finally, David deployed multiple times to the southern Philippines in direct support of SOCOM as a Search and Rescue Paramedic. Get in Touch with DavidWebsite: https://reapcap.com/ LinkedIn: Reap CapitalFacebook: Reap CapitalInstagram: @reapcapitalTikTok: @reapcapitalTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
Global Investors: Foreign Investing In US Real Estate with Charles Carillo
Justin Mosley is a United States Naval Veteran who began real estate investing back in 2017 and now focuses on value-add Single Family Rentals, Townhome Development, and Boutique Hotels specifically tailored around short-term rental properties with a portfolio of properties across the Gulf Coast. Learn More About Justin Here: Leicestermore Capital https://lmcstr.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/
Kris Krohn Unveils the Truth Single Family Rentals VS. Multi-family Rental Investing If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777
Del Walmsley discusses with Geoff Z. his journey escaping a 60+ hour work week. Starting with a single family property, Geoff's venture grew into a real estate empire, boosting their net worth tenfold and enabling them to mentor others in wealth creation through real estate. Geoff shares tangible figures and real success stories, illustrating the transformative potential of strategic investing. Click to Listen Now
Lisa Rockefeller is the Chief Revenue Officer at Cortex Sustainability Intelligence, the decarbonization platform built for commercial real estate, where she's driving the go-to market strategy. Cortex's advanced AI helps CRE teams amplify operational effectiveness, make informed decisions about capital investments, and tactically address regulation risks. Lisa has spent over 15 years in the regulated and unregulated Climate Tech space, including at EnerNOC's, a leading provider of cloud-based energy intelligence software, and at Palmetto Solar. (0:25) - Lisa's origin story(1:18) - Quantifying the real estate decarbonization problem(5:40) - Defining sustainability goals for CRE players(10:25) - Cortex's data stack(13:23) - Types of asset classes & building sizes working with Cortex(20:11) - Feature: Blueprint Vegas - The Future of Real Estate Is Here. Tangent listeners get a $300 discount at BlueprintVegas.com/Tangent(21:02) - Driving Cortex's adoption & estimating ROI(23:33) - Has Real Estate done enough to cut carbon emissions? (32:04) - Collaboration Superpower: Neil deGrasse Tyson (Wiki)
According to ATTOM Data's latest Q1 2024 Single-Family Rental Market report, average gross rental yields on three-bedroom single-family homes are projected to rise by 7.55% this year. As ever, though, the devil is in the regional details. While some markets are offering landlords great rental margins—over 10% in some areas—others offer lackluster and/or declining returns. Let's dive a little deeper into which markets the report identifies as hot—and which ones should give investors pause, based on their projected 2024 performance. Learn more about your ad choices. Visit megaphone.fm/adchoices
In my last training, I shared why multifamily is far superior to single-family rentals. Many single family owners asked me how they can make the switch to multifamily. This podcast is going to show you how.
In this enlightening episode of Freedom Investor Radio, host John Pearl welcomes Anjou Martinez, CEO of Beam Investment Group, for a deep dive into the world of apartment investing. Discover how Anjou transitioned from a high-powered CFO to a key player in the multifamily investment space, and how you can leverage similar strategies to accelerate your path to financial independence. Whether you're a seasoned investor or just starting, this episode offers valuable insights and actionable advice to grow your wealth through real estate.Key Takeaways:The Journey to Apartment Investing: Learn about Anjou's shift from single-family to multifamily investments and how moving to Texas was a game-changer.Passive Investment Strategies: Anjou shares her approach to passive investing, including transferring 401k funds to IRAs for real estate investments, highlighting the importance of due diligence and the right partnerships.Active Investment Insights: Transitioning to a general partner, Anjou breaks down the operational ease and financial benefits of managing large-scale multifamily properties.Navigating Due Diligence: Discover the critical questions to ask before investing and the importance of thorough vetting processes for both properties and partners.Financial Returns and Tax Advantages: Uncover the financial benefits of apartment investing, from quarterly returns to significant tax savings through accelerated depreciation and other real estate-specific tax strategies.Lifestyle Transformation: Anjou contrasts her life before and after diving into real estate, underscoring the power of strategic investment in achieving work-life balance and financial freedom.A Guide for W2 Workers: Tips for excelling in your current role while strategically planning for early retirement through smart investments.Actionable Advice:Start with education: Read books, listen to podcasts, and attend conferences to understand the multifamily investment landscape.Conduct thorough due diligence: Vet every investment opportunity and partnership to align with your financial goals.Explore passive and active investment roles: Determine which approach suits your lifestyle, financial goals, and level of involvement.Consider tax implications: Leverage real estate investments for potential tax benefits, consulting with a professional to maximize returns.Connect with Anjou Martinez:LinkedIn: Anjou MartinezWebsite: BeamInvestmentGroup.com
Today, we've invited one of the best proofs that starting from nothing to achieving big is attainable in real estate! DJ Hume demonstrates his transition into multifamily for bigger goals despite successfully acquiring five single-family rentals, how he changed his family's point of view on the investing side of real estate, and how he gradually learned capital raising and acquiring multifamily deals. Don't miss out on this episode because DJ also spills the facts about running rental properties that led to his enormous prosperity today!Key Points & Relevant TopicsWhat motivated DJ to start real estate investing by renting out his first houseThe reality of owning single-family rental propertiesWays to buy rental houses and the sacrifices that come with itThe thing DJ had realized about single-family rentals after his bad experiencesDifferences between single-family and multifamily investingChanging people's mindset and perspective on real estate through your successWhat it takes to pitch your first deal and raise money from potential investors without prior background in the multifamily spaceDJ's continuous growth and success in multifamily investingSome methods to find off-market deals and property ownersThe power of building partnerships in acquiring and managing propertiesResources & LinksCoStarUpworkApartment Syndication Due Diligence Checklist for Passive InvestorAbout DJ HumeDJ Hume is a nine-year veteran to the real estate business with over $20 million assets under management, started with 0 doors, no experience, and now own and operate 300+ doors. A humble start working in the medical field with start-ups and emerging tech companies, he was relied upon for business development and strategies. DJ has taken that business knowledge to build Prosper Capital and has become a preferred borrower with Fannie Mae, Freddie Mac, Life Insurance Co, and one of the fastest-growing privately held real estate companies in the Midwest. Get in Touch with DJWebsite: https://prospercapitalco.com/ LinkedIn: Daniel (DJ) HumeInstagram: @djhumeofficialTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
Surprise Locations Ranked As Best Markets for Single Family Rentals This YearIf you're feeling overwhelmed by the countless options for rental investments and unsure which counties to target, then you are not alone! With so much information out there, it can be frustrating trying to figure out the best places to invest in rental properties, especially when the market is constantly changing. You might be feeling lost in the sea of data, not knowing which counties will actually yield the best returns for your investment. It's time to cut through the noise and focus on the top rental markets for 2024 based on Attom's recent article. Let's find the most promising opportunities together!In this episode, you will be able to:Discover the top counties for single-family rentals in the USA and seize potential investment opportunities.Uncover annual gross rental yield projections for 2024 to make informed decisions on your real estate investments.Understand the impact of the housing market on rental demand and adapt your investment strategy accordingly.Explore the top cities for real estate investment in 2024 and position yourself for success in the rental market.Compare rent vs. wage growth in US counties to identify areas with favorable rental market conditions.The key moments in this episode are:00:00:13 - Top Counties for Single Family Rentals 00:01:37 - Rental Market Analysis 00:04:25 - Rental Yield Increases 00:06:32 - Rents Rising Faster than Wages 00:09:13 - Top Rental Markets Revealed Read the full article HERE!Watch the original video HERE!Book a call with Scott HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest
This episode with Peter Neill explores the factors that make single-family and affordable housing powerful in the present real estate and economic situation. He clearly explains the need for providing high-quality yet cut-rate homes while giving value to investors, the significance of having communication skills in raising money, and his extensive knowledge of the housing market.Grasp a different approach to leveraging the potential of single-family investing by diving into this conversation!Key Points & Relevant TopicsHow Peter got introduced into the real estate space, his roles in the past, and his journey to building partnershipsWhat it's like to raise capital for a companyAttributes and abilities of a successful capital raiserThe importance of establishing proper communication and setting expectations with investorsHow real estate investing has changed over the years in terms of resources, options, and communicationThe current demand and state of single-family and Section 8 HousingWhy it makes sense to invest in affordable housing in today's marketWays to evaluate the market and housing supply and demandThe value of having patience, giving value, and asking for other people's help in real estateResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Peter NeillPeter Neill is the Co-Founder and Partner at GSP REI, a vertically integrated real estate investment company specializing in acquiring, developing, and managing single-family affordable and workforce rental housing. Peter has over 9 years of real estate investing and capital raising experience. He plays an active role in the management of the company and its various fund offerings. Peter is chiefly responsible for fulfilling the company's capital raising goals by marketing and communicating the company's private fund offerings and maintaining key relationships with the company's investors. Get in Touch with PeterWebsite: https://gsprei.com/ Email: pneill@gsprei.com Phone: 610 357-2330To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!
The Action Academy | Millionaire Mentorship for Your Life & Business
Shiraz Ali, also known as The DADU Guy, shares his expertise in building and investing in Detached Accessory Dwelling Units (DADUs).@thedaduguyChapters00:00Introduction and Background00:38Introducing Shiraz Ali - The DADU Guy03:00The Concept of DADUs and Market Trends05:12Business Model and Investment Strategies07:01Cash Flow and Startup Costs10:36Zoning and Permitting Process13:21Funding and Financing Options16:19Appraisal and Red Flags18:06Branding and Niche Focus22:59Perseverance and Taking Action25:09Balancing Business and Family28:40Documenting the Journey30:26Transitioning from Investor to Business Owner33:04The Importance of Sharing the Journey34:34Exiting the W2 Job35:22The Role of People in Success35:44Taking the Leap37:07Supportive Community38:13Achieving Goals39:18Choosing the Right Partner40:39Making the Decision41:31No Regrets42:26The First Year43:16The DADU Guy43:46Helping Others Succeed44:03Closing RemarksWant To Quit Your Job, Build Your Own Business, And Travel / Impact The World?Check Out The Action Academy Community / Schedule A Free Intro CallLearn How To Buy Real Estate & Businesses In 5 Minutes Per Week:Join Our Weekly Newsletter Follow Me As I Travel & Build:Twitter @theactionpodIG @brianluebbenTiktok @brianluebben
I love answering questions about Real Estate and you'll hear some of my answers in this episode of “Ask Kathy.” Questions have come from various people including followers on my Instagram account, our RealWealth website, and live events. So buckle up! I'll be going into detail about several real estate investing topics including the kinds of opportunities you might find this year, whether it makes more sense to buy newly-built rentals instead of fixer-uppers, and how investors group together for bigger syndicated projects. I'll talk about what they are and how they are structured. If you'd like to have one of your questions answered in a future “Ask Kathy” episode, please send it to podcasts@realwealth.com or you can reach out to Kathy on Instagram (linked below). You can also get your questions answered as a RealWealth member. It's free to join at realwealthshow.com which gives you access to other members, our RealWealth team, and a long list of recommended real estate professionals. For more information about syndications, check out my syndications company at growdevelopments.com And if you haven't already, please subscribe to this podcast! Thanks for listening! - Kathy ABOUT KATHY: Kathy is an active real estate investor and licensed real estate agent with more than 25 years of experience. Kathy co-founded RealWealth with her husband, Rich, to help other people create financial freedom with real estate. Their purpose in educating people about real estate: "So they have the money and the freedom to live life on their own terms." In addition to her RealWealth mission, she runs the syndication side of the business at growdevelopments.com. She is the host of a second podcast, “Real Estate News for Investors,” and the co-host for the Bigger Pockets' podcast, “On the Market.” Kathy also shares her wealth creation strategies in her newly updated bestseller “Retire Rich with Rentals.” LINKS: Subscribe to the RealWealth Show: https://link.chtbl.com/RWS Get your Free RealWealth Membership: http://tinyurl.com/joinrealwealth971 Get more info on Syndications: https://growdevelopments.com Purchase Kathy's book, 'Retire Rich with Rentals': https://tinyurl.com/retirerichaudible Follow Kathy on Instagram: https://www.instagram.com/kathyfettke/