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Mortgage rates tripled. The crash never came. In this Episode Kerry Lutz and Jason Hartman break down why U.S. housing didn't collapse when borrowing costs exploded. Nearly 25% of homeowners hold mortgages at or below 3%. About 65% are at 4% or less. That "lock-in effect" crushed supply and froze mobility. Fewer than 800,000 homes are listed nationwide — under 0.6% of America's 140 million housing units. Owners won't give up cheap debt. Inventory stays tight. Hartman believes this imbalance could persist into 2032–2033. Scarcity and utility continue driving prices — even after the rate shock. The conversation then shifts to immigration and rental housing. Hartman argues most undocumented migrants occupy lower-tier rentals, meaning enforcement shifts would likely hit C-class properties first. They also discuss Sun Belt migration trends and investor tools like PropertyTracker and Empowered Investor for sourcing income-producing properties. If you've been waiting for a housing crash, Kerry and Jason explain why it hasn't happened — and what could finally change the equation. Find Jason here: https://www.jasonhartman.com Find Kerry here :https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon! Get your copy here: https://a.co/d/bvYbZOz "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5
Send a textJoin Dominick and Marv as they host Assistant Coach Jonathan Hadra, OF TJ Aiken, and UTL Efrain Morales of the Old Dominion Monarchs!We talk their newly renovated ball park, a new athletic dinning hall, the names to look for, and...Cool Runnings...?Don't miss this one and what TJ picks for his Olympic sport!Like this content? Follow us on our socials;https://www.facebook.com/Sunbeltsyndicatehttps://www.instagram.com/sunbeltsyndicate/https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Is commercial real estate setting up for a comeback in 2026? In this episode of The Real Wealth Show, Kathy Fettke sits down with Henry Chin, Global Head of Research at CBRE, to break down the latest outlook for U.S. and global property markets. Despite ongoing economic uncertainty, investor demand for U.S. commercial real estate is strengthening. Henry shares why multifamily remains the top asset class, how Sunbelt oversupply compares to gateway city recovery, what "flight to quality" really means, and why office and retail could become surprising contrarian opportunities. He also explains what investors should expect from cap rates, Treasury yields, and potential Fed rate cuts in 2026. If you're underwriting deals or deciding when to buy or sell, this episode offers data-driven insights to help you invest smarter in the year ahead.
Send a text0:10 - Agenda Rundown1:05 - WNBA CBA Negotiations22:33 - Everybody has an MBA when it comes to the WNBA25:07 - Demon of the Week28:50 - Bill Fennelly defends the Big 1234:35 - Potential Upsets in the Coming Week42:40 - Ranked Matchups Picks44:39 - South Carolina v LSU, Game of the Week preview52:09 - Duke holds on against Louisville1:01:30 - ACC Awards1:25:33 - Big Ten Awards1:42:10 - Unrivaled 1 v 1 Tournament: Round 1 Recap 1:44:15 - Unrivaled 1 v 1 Tournament: Round 2 Picks1:49:10 - Georgia Southern on top of the Sun Belt, Athletes Unlimited Recaps and the banter inbetween.https://linktr.ee/pullup3 | Distributed via SteadyHype Studios
This episode has it all! Bret and Adam recap the big win in Statesboro that vaulted men's basketball into first place in the Sun Belt standings. Then, they catch up with former football star Ronald Blair, aka Super Blair, to find out about his young coaching career with the 49ers. Finally, as first pitch nears for App State baseball, infielder Joseph Zamora gives us a preview of the 2026 squad. #DSOTDP
App State takes over first place in the Sun Belt standings following a wire-to-wire victory over Georgia Southern in an 81-65 win. Listen back to the highlights and analysis as well as postgame interviews with Dustin Kerns and Kasen Jennings.
Send a textJoin Dominick & Marv as they host Assistant Coach Cody Wofford, RHP Brady Pendley, & C/1B Sean White!We preview their out of conference schedule, who they have within the Sun Belt, find out what their walkout songs will be and see if Sean White has a little 'Shaun White' in him...get it...? Anyways, tune in to find out in this fun episode!Like this content? Follow us on our socials;https://www.facebook.com/Sunbeltsyndicatehttps://www.instagram.com/sunbeltsyndicate/https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Send a textJoin Dominick and Marv as they host Assistant Coach and Recruiting Coordinator Lars Davis!We talk Bus Lot Boys with coach, break down some of the schedule, his time in the pro game and Florida, and of course, you know we talk a little hockey since he's Canadian born!Don't miss out on his tip for young players. It's a great analogy!Like this content? Follow us!SunBeltSyndicate on all socials https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Real estate wholesaling is evolving, and staying compliant is the key to longevity in 2026.Brent Daniels and David Olds dive deep into the shifting landscape of wholesaling regulations across the United States. From states requiring real estate licenses to the rise of "investor fees," this episode provides a masterclass on how to navigate legal hurdles while continuing to provide massive value to distressed sellers.Want to learn more success stories? Head to TTP Training Program for more information.---------Show notes:(0:00) Beginning of today's episode (1:12) Meet David Olds and the state of 2026 regulations (1:32) List of states requiring a license to wholesale (1:50) Disclosure requirements and the "War on Wholesaling" report (5:03) The benefits of virtual wholesaling in the Sunbelt (10:37) Navigating co-wholesaling and the risk of "brokering" without a license (14:09) Why every serious wholesaler should consider getting licensed (17:53) Detailed look at Pennsylvania and Arizona's specific requirements (23:42) Cameron Miller explains the "Investor Fee" model (28:35) How the buyer's premium mimics the auctioneer model ----------Resources:Wholesale RegulationsEz Rei ClosingsTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Send a textJoin Dominick Crosetto as he host Assistant Coach Tanner Biagini and Infielder Jack Anderson of the James Madison baseball program.An exciting episode for the 250th podcast!!!We'll talk to Coach Biagini about playing his former team(s), Jack's family being made of some great athletes overall, thoughts on the Sun Belt slate and of course, which sport they would participate in if they were in the Winter Olympics.Like this content? Follow us on our socials;https://www.facebook.com/Sunbeltsyndicatehttps://www.instagram.com/sunbeltsyndicate/https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Send a textJoin host Dominick Crosetto as he brings in Assistant Coach Danny-David Linahan and Catcher Austin Munguia!We'll discuss the Bobcats last season in the Sun Belt, walk out song, coaches times in the big leagues and of course, what sport they would choose for the Winter Olympics. Don't miss this episode or the finally season for the Bobcats within the Sun Belt! Like this content? Follow us on our socials;https://www.facebook.com/Sunbeltsyndicatehttps://www.instagram.com/sunbeltsyndicate/https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Addie Biel and Jalen Tot join tonight's show along with head coaches Alaura Sharp and Dustin Kerns.
Register here to attend the live virtual event "Why Central Florida is the Year's Most Compelling Housing Market" on Thursday, February 19th at 8pm Eastern. Keith looks at how a changing Federal Reserve leadership might shape the interest rate environment, then zooms in on what's really happening with homebuilders versus remodelers across the country. You'll hear about a lesser-known strategy some investors are using to step back from day-to-day landlording while keeping their income, and then we head to Central Florida to explore why one fast-growing market is quietly becoming a hotspot for new-build rental properties. Along the way, a longtime Florida builder joins the show to explain how they're creating affordable, investment-friendly homes and what kinds of rents and tenant demand they're seeing on the ground—plus a way you can learn more live if this opportunity fits your own portfolio plans. Resources: Register for the event at GREwebinars.com Episode Page: GetRichEducation.com/592 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text 1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 welcome to GRE. I'm your host. Keith Weinhold, the naming of a new Federal Reserve Chair. Then are homebuilders in trouble today? There are a dwindling number of them, and their profits are down. I'll talk to a homebuilder. Listen to what amenities tenants want today, and it's interesting. We'll learn how low of a mortgage rate builders will give you. Now there's an opportunity here today on get rich education. Corey Coates 0:30 Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Keith Weinhold 1:14 mid south home buyers with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your return on investment as their North Star. It's no wonder smart investors line up to get their completely renovated income properties like it's the newest iPhone headquartered in Memphis, with their globally attractive cash flows, mid south has an A plus rating with the Better Business Bureau and 4000 houses renovated, there is zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate with an industry leading three and a half year average renter term. Every home they offer you will have brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter in an astounding price range, 100 to 150k GET TO KNOW mid south enjoy cash flow from day one at mid southhomebuyers.com that's mid southhomebuyers.com Speaker 1 2:17 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 2:33 Welcome to GRE from countersport Pennsylvania to Davenport Iowa and across 488 nations worldwide. I'm Keith Weinhold, and you're listening to get rich education now more than ever, where you learn about personal finance and real estate investing matters. There's more AI generated content out there. This show is all flesh and blood me. There's also more clickbait content out there that says something like the housing market is about to have a price crash. No, it's not. They're just there to get short term attention. So your information source really matters today. New incoming Fed chair, Kevin Warsh, was recently named. He will replace the outgoing Jerome Powell on May 15. I want to tell you more about that in a moment. But first, just imagine if this scenario were to occur, say that we get a Fed chair that has to deal with really high inflation. And so what this Fed chair does is that he successfully brings inflation down, and he does that without triggering a recession that's called a soft landing. Well, you know what? That's exactly what Jerome Powell did the past three years. Yeah, that's what he's accomplished, and he doesn't get credit for it. He only gets a lot of criticism. Now this doesn't mean that I love Powell. I don't even know that the Fed should exist at all, but Powell got a lot of criticism for calling 2022, wave of inflation transitory, and being too late to respond to it. So he gets some credit here as his term of more than eight years winds down. Let's listen in to some of Jay Powell's recent comments about succession, Speaker 2 4:23 you've obviously experienced a lot during your time as Fed chair, served under multiple presidents. I'm wondering what advice you have for whoever your successor might be. Speaker 3 4:34 Honestly, I'd say a couple of things. One is, you know, stay out of elected politics. Don't get pulled into elected politics don't do it. And that's another thing. Another is that you know, our window into democratic accountability is Congress, and it's not a passive burden for us to go. To Congress and talk to people. It's an affirmative, regular obligation. If you want democratic legitimacy, you earn it by your interactions with the our elected overseers. And so it's something you need to work hard at, and I have worked hard at it so and the last thing is, you know, it's easy to it's easy to criticize government institutions so many ways. I will tell whoever it is you're about to meet the most qualified group of people you not only have ever worked with, you will ever work with and when you meet fed staff. And not everybody's perfect, but, but there isn't a better cadre of professionals more dedicated to the public well being than work at the Fed. Keith Weinhold 5:43 Yeah. So to Powell's point, the next Fed chair, worsh, does champion fed independence, much like Powell has. That is a good thing that keeps America from turning into a banana republic that maintains a strong dollar. Warsh was actually a Fed Governor back during the 2008 global financial crisis, so he's got that experience when he comes in as Fed Chair in three months, he's widely expected to lower interest rates more than Powell did, much like the president wants. Kevin Warsh looks a lot like Michael Scott from the office. He has got to be less bumbling than him, though, overall, the effect on real estate and mortgage rates by shifting from PAL to worsh, I mean, that should be pretty mild. Maybe you'll see rates go a little lower than if pal had stayed and speaking of rates, wait till you see how low the mortgage rate is that our homebuilder guest is offering today. What's really happening with homebuilders now? How much trouble are they in? Homebuilders have largely been maligned. Overall. There are fewer homebuilders today in America than there were 20 years ago, and there are more remodelers than there were 20 years ago, fewer home builders, more remodelers, and that's for a few different reasons. Over the past couple decades, we just have substantially higher labor and material costs, stricter building and energy codes, higher interest rates, and that disproportionately hurts long duration construction projects. We've got zoning constraints and land constraints that make ground up development slow and uncertain and risky. So while the number of Home Builders in America is down, the number of remodelers are up, because America's housing stock is getting older. Its median age is over 40 years, and that creates constant demand for upgrades. Capital prefers faster, lower risk cycles. That's what remodels offer, and homeowners with locked in low mortgage rates choose to stay in place. And what does that make them do? That makes them renovate and remodel, not move. So this is why, compared to 20 years ago, you have fewer home builders and more remodelers. Today, that's per the NAHB and the Census Bureau and all these forces, they've resulted in a lower profit margin for homebuilders. Yes, homebuilder margin compression for a lot of the bigger builders, including DR Horton, just as you might guess in this cycle, their profits were greatest in 2022 and they have fallen since then. Higher mortgage rates came in, and builders had to lose profits by offering more incentives to entice buyers. You're going to learn more about that today and how it really spells quite an opportunity for you and I. When the final change in national home prices was tallied for the end of last year, they had risen in 16,500 zip codes. All right, that's 63% of America's zip codes, and prices were lower from a year earlier in the other 37% home price gains were concentrated in the Northeast and Midwest, and the story there continues to be too many buyers and not enough homes. In fact, over 85% of zip codes saw price growth in Illinois, Connecticut, Wisconsin and Indiana, slow, steady, stubborn, kind of like winter refusing to leave. Losses were predominant in the Sun Belt. Prices caught their breath there. There was price attrition in Florida, with 96% of zip codes, so nearly all of Florida, then California, 78% of zip codes had a price loss. Texas, 75% of them and Arizona, 73% the biggest pocket of opportunity appears to be in Florida. Florida property is on sale. And because real estate is local. A lot of times we talk here nationally, but to get to that local level, sometimes you have to dig in to a local market to really find out what's going on. We're going to do that today. Now, central Miami, Orlando and Tampa, they're not generally the spot for obtaining cash flow from long term rentals. I've identified an opportunity. We'll get into that with this Florida homebuilder shortly. It's kind of funny. You'll run into people that say they want opportunity, but what they really want is certainty. How it plays out, though, is that once the certainty arrives, the opportunity is gone, and that's how to think about Florida and maybe Texas and some of these other markets today that have had price attrition. Keith Weinhold 10:48 Now, three weeks ago, here on the show, I discussed the 721 exchange for the first time. So I won't get into all those details again when it comes time for you to sell your investment property, the 721 can be the best way for you to cash out. Perhaps you've been investing in real estate for a while and you have turned get rich education into got rich education. How the 721 exchange works is they basically say you have a case where you're a rental property owner and you realize that you don't want the hassles of landlording anymore. Oftentimes, this can mean you're older and real estate investing already took you where you wanted it to take you in life's journey, but you still like the financial benefit that ownership gives you. What you can do is exchange your properties into a partnership and receive shares in that partnership. Now that's different than a 1031, exchange. That's where you trade up some of your property that you directly own for what's usually more and larger property that you directly own. Well, instead, here's the big deal with exchanging your properties into a 721, partnership. The rules stipulate that this is not a taxable event, and therefore you don't have to pay any capital gains tax or depreciation recapture. Now that you're an owner in the partnership, you still get some of the benefits of owning the property, like appreciation and cash flow and such, yet no management or landlording at all like you would have with a 1031 and with a 721 you get all these benefits across a greater number of properties and markets diversification because you're a fractional owner in the other properties that are in the partnership, not only your own, and when you eventually pass away, your shares are stepped up in basis and can be distributed equally to heirs and C It's surely easier for you to divide shares among, say, your three children, than it is to divide your 18 rental houses among three children Who are going to have different goals and varying degrees of financial savvy. So the 721, exchange is a great estate planning tool too. You will have this partnership that makes an offer to buy your property. You're exchanging them for partnership shares. There's a firm that does this called flock homes, and they have a certain Buy Box to be clear with the 721, exchange, you can basically trade your rentals for shares in a diversified, professionally managed Real Estate Fund. This means that you keep your hard earned equity defer capital gains and other taxes, and you still get access to steady income and long term appreciation without the hassle of landlord duties, and you can visit flockhomes.com/gre, and get a free valuation. Get an offer for your property, see if it fits their buy box and see how much they'll pay you. There's often no need to pay to fix up or stage the property for sale or pay agent commissions for a certain investor type. This really can be a rather life changing experience for you to liquidate some or all of your property have zero tax obligation and still enjoy income and appreciation. So again, what you can do is stop by flock homes.com/gre, that's F, l, O, C, K, homes.com/g, R, E, let's discuss the home building climate today. Keith Weinhold 14:38 I'd like to bring in a premium Florida homebuilder guest to the show, Jim, because there has been more homebuilding in Florida such that some areas of the state have excess supply. And when you add that onto the fact that the hot pandemic migration to Florida has slowed such that home prices have made a rare dip in the state, that is why it. A timely topic. Jim, you're on GRE Welcome to the show. Keith, great to be here. Thanks for having me. Yeah, and we did the IRL thing in Colorado there a few weeks ago. That was great hanging out in person. You provide entry level new build homes, mostly in Central Florida. And these are properties that are conducive to real estate pays five ways. These are properties that investors chiefly buy as rentals. So just bigger picture, tell us about that overall experience over, say, the last five years, as the pandemic wound down, Jim Sheils 15:35 yeah, as the pandemic wound down, obviously Florida had a lot of attention. Some of it, rightly so, some of it, I think a little more inflated and commercial attention getting thrown at it. And you know, the type of deals that you and I have always stayed away from were very popular in Florida. You know, we're talking really nice houses. Keith, beautiful, nice HOAs people got in in 2021 let's say, with those very low interest rates on a six or $700,000 home, but now they're realizing that it's not going up $100,000 a year as they thought. And when they try to sell it, well, people trying to buy in $700,000 home, they're not getting that low interest rate. And if these people try to hold it and rent it, well, it doesn't cash flow, so it breaks one of those rules. It's not putting money in people's pockets, taking it out. And so we're seeing there was a large distribution of those types of houses around Florida. And then there were some builders like us that really focused on what was the most needed, and that was workforce housing. Now workforce housing, though, Keith, as you know, a lot of the builders don't want to build it. Why? Let's be straight. It's because the margins are lower right. But as you know, with me and my partner Chris, it was always let's make less margin and do more volume. That was always our model, and that was the area of the market where we felt we could build it right, we could get it financed right, and we could manage it right to hit the five things. And so we're seeing today, post pandemic, there are still key markets where the population growth is still the highest, coming into Florida, the prices are still the lowest, and there is a shortage of this type of workforce housing. Keith Weinhold 17:11 Yes, you've identified a geography within Florida that have some of these characteristics like you're talking about. Tell us more about that region. Jim Sheils 17:20 Yeah, we call it the Ocala region, so Central Florida, just west of Orlando. Right now, for example, u haul does their U haul top markets rankings every year? So where are the most U haul trucks going to now, you don't want to be on their side where they're coming from, Keith, because that's obviously the opposite. But for the second year in a row, the greater Ocala area has been the number 1u haul destination place in the country. So there's still a ton of population growth going there. Central Florida, I'm not going to say it sat out the growth during the pandemic that a lot of areas of Florida did, but it was starting at such a low basis with such a small amount of attention that today, even when people say, oh gosh, like I just said, house is 600 700 800,000 we're building new construction single family homes for under 300,000 the 270s a lot of the time. And we're building duplexes sometimes for under 400,000 and a lot of our you know, investors coming from the west coast. Say, are these fully built? Are they? But again, Central Florida has had a great affordability. Remain intact. It has a large population going in. There is a ton of job resource just blowing up in the area. And as you know, these are the things we look for. So we bought a lot of lots there. I'm gonna give credit to my partner, Chris. He saw calla more than I did, and we bought a lot of lots there in 2020 so before all the rises. So we got into the land basis, right? So that means we can build them at a great price. Our land basis is low, and that obviously passes along to our clients. And again, Central Florida is a perfect match for our goal. Because, you know, our goal is workforce housing, that cash flows on day one. But also nothing wrong with fixer uppers. I own a lot. I used to do a lot, but the new construction seems to have a little bit more of a less involvement, which it seems like a lot of our clients want. Keith Weinhold 19:15 That was really prescient, as it turned out, for your business partner, Chris there to gobble up a lot of that land in 2020 before prices went soaring. And this is one reason why you can do things like offer a duplex for less than 400k That's a new build, which has some people saying like, does that thing include a roof even? But it surely does. These are very good quality livable properties. And the reason I have you here, Jim is because you are rare. There are fewer builders today than there were in decades past, and also those that build to your point earlier. They only want to build higher end properties, not the more affordable ones that you offer. We'll get more details on your price points and what properties. Products you offer later. But yeah, we have more remodelers today and fewer builders. And though it's a few years old, I found it interesting that census statistics show us that between 2007 and 2022 there are 73% more remodelers and 21% fewer builders today. Jim Sheils 20:22 Interesting. You know, Keith, I didn't know that, and that makes me scratch my head on like when you and I were in Colorado, we were talking about future needs, even with growth that occurred during the pandemic going all the way back to oh eight when a real shortage started to start, we are still at an estimated three to 5 million homes short in the US. It really perplexes me that the amount of builders like us will be going down and not actually entering the market. Keith Weinhold 20:47 Now, among those that are building, though, much of that is concentrated in the South, as I think we know, there's a recent resi club compilation show that 59% of current single family home building is in the south, and 41% is everywhere else. And how do you define the South? That's basically Maryland down to Florida, all the way out to Texas and Oklahoma. So you are pretty rare in some ways. However, where you're building regionally, that's not a rarity there, but yeah, having more remodelers today and fewer home builders, that's probably the result of a lot of things. You know, for one thing, just land and construction costs becoming that much more expensive over the past five years. Jim Sheils 21:05 Yeah, we've been lucky, too, as you know, Keith, you've been with us for a decade now. But yeah, and we transitioned a piece of our company where Sumitomo forestry, large Japanese group stepped in and acquired a piece of our property. That was a very exciting thing for all of us together, because we had done well, and, you know, started small and built up to a decent sized builder for Northeast Florida and then the rest of Florida. But now, with Sumitomo coming in again, they build 17,000 homes worldwide every year, between all of their builders. Now being a part of them, we get to use their national material accounts, so they get pricing just as good, if not better, than national home builders, and they let us do our thing, stick to our build to rent, working with investor clients. We're not retail buyer guys, really. We like working with our investors, but just getting those great discounts on materials, again, we're always looking to pass on savings to our clients. Of course, we got to make margins as well, but if we're getting in with deals like that, getting into the land right, and knowing the pinpointed areas to get into, we can get the best deal for everyone. And that's been a major part having such a big, successful partner like Sumitomo keep us healthy, viable and able to do things we could have not even dreamed of five years ago. Keith Weinhold 22:47 Yes, that gives you more capital and more options. Another unusual aberration in the market that really centers on a lot of what you do is that this fact that and this was mentioned on the show last year for the first time in my life, existing homes cost more than new build homes. Existing homes at about 420k nationally, and new build homes about 392k part of the divergence there is probably builder price cuts. So tell us more about that. Jim Sheils 23:14 I think the issue Heath is builders built for largest spreads, and people bought very emotionally. I think you're to give you a compliment a very unemotional real estate buyer. You're not looking at, oh, this is a very nice, you know, extra his and hers porcelain sink. And we're looking at fundamental numbers a good, solid property. And I think what's caused a lot of that is people did the opposite. Builders were looking for the largest margin they could get, which was on those types of properties. And then buyers were looking very emotionally, and they were told, Hey, this is going to go up 50 to $100,000 a year. So just sit there and hold on, sure you'll lose $1,500 a month, but don't worry about it. You'll make up for that every year. And obviously we're not seeing that's true. They could have really used your class about the five ways to get paid in real estate. And I think that that's what's doing it. And this is what builders do. I mean, everyone's in a business, and a lot of builders just focus on the largest margin. Now that's eating them up now, because those types of properties are not in demand. To build them on spec would be very dangerous, but you can see that that worked for a short term. We're very glad we went to the low margin workforce housing model, because I see that falling out of favor almost never even in Oh 809, Keith, when I was in the remodel game, a lot of the properties that were new construction coming out that time they were affordable, still did very well. Keith Weinhold 24:42 We're talking with a premium Florida homebuilder today, because they offer affordable properties that make sense for investors. But what about the demand? Where is that going to come from? Where is that going to be? And that's what's happening with the renter segment. We'll talk more about that when we. Come back. You're listening to get rich Education. I'm your host. Keith Weinhold, Keith Weinhold 25:03 flock homes helps you retire from real estate and landlording, whether it's one problem, property or your whole portfolio through a 721, exchange, deferring your capital gains tax and depreciation recapture, it's a strategy long used by the ultra wealthy. Now Mom and Pop landlords can 721, the residential real estate request your initial valuation, see if your properties qualify@flockhomes.com slash GRE, that's F, l, O, C, K, homes.com/gre. Keith Weinhold 25:39 You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest. Start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text now it's 1-937-795-8989, yep, text their freedom coach directly. Again, 1-937-795-8989, Keith Weinhold 26:51 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally, while it's on your mind, start at Ridge lending group.com that's Ridge lending group.com Ken McElroy 27:26 this is Rich Dad advisor, Ken McElroy. Listen to get rich education with Keith whitehold, and don't twitch your Daydream. Keith Weinhold 27:40 Welcome back to get rich Education. I'm your host. Keith Weinhold, we're talking with Jim a premium Florida homebuilder here at such an interesting time in the cycle, since supply is up in some parts of Florida, Jim and his team has strategically chosen a place that is still fueling a lot of net in migration in Central Florida, and that's where the rental demand needs to come from as well. Now nationally, we've seen the homeownership rate fall over about the past year, from near 66% to near 65% that does not sound like much, but a 1% shift means there are 1.3 million new renters in just the past year. So with that in mind, and the fact that this low affordability for home buying means that people need to rent or stay renters longer, provides some of the Sustainable demand. So tell us more about the rental demand in Central Florida. Jim Sheils 28:39 Yeah, you know, when we first went out there about a decade ago, Keith, I think it was 82 or 83% of all properties out there were owner occupied, which means it was a very lopsided amount of existing rental property available. And this is before the curve of population growth really took off. But when Chris and I went out there and we were assessing that small percentage of rental property that was out there. Gosh, it was old and kind of beat up. There was not a lot like the new construction that was available. So when we brought in new construction, we saw just the competition. Was hard to compete with us. You know, when it was an older, not so nice taking care of we came in and we saw a jump from, you know, doing older houses ourselves, you know, a person would stay about 13 months. But for the new construction in Central Florida, we've seen a jump to about three years. So that's really positive. People get into a new construction property they don't want to leave, whether that's half of a duplex or a single family. The duplexes are interesting because we're able to build those on infill lots and existing single family home neighborhoods, so a person who doesn't want to live in an apartment can live there, have their own yard, and they couldn't afford the whole single family, but to have half of a single family basically what a duplex is. It makes a big difference, and the people are in great demand of rental in Central Florida there because of exactly why. I said, Keith, the job. Course, continues to grow in Central Florida, extremely strong. The business incentives to come into the area by the local municipality is very, very good. So here's something interesting, Keith, the average salary in Ocala is about 72,000 and the average home price is about 298,000 that is a very healthy affordability one. Yeah, very, very good. And so that job source continues to pay very well. And we've talked about just the logistics centers and the Equestrian Center. That's the largest in the world. Now the villages are just 25 miles south. So Ocala becomes a bedroom community, and that is the second largest retirement community and growing in the US. So there's a lot of job source that allows people to live there at a good affordability. And so that combination of affordability with this extending job source has been really, really good for the Ocala region. Keith Weinhold 30:59 It's been said that the only place you get money is from other people, and we're talking about your renters in this case. So oftentimes these renters, they had their sense of privacy there, like, for example, do the duplexes even have fenced backyards for each individual side, Jim Sheils 31:17 depending on where they are? We will. Other times it hasn't been a requirement. We've done lots of surveys to see is it worth the price point to put in full fencing in certain areas. It can be in a lot of areas. Keith, they're just so excited with the price point not having to move into an apartment building that it hasn't even been warranted or necessary. Keith Weinhold 31:38 Yeah. So we're talking about livability characteristics here, because oftentimes new build rental property results in a higher tenant stay that longer duration, because they're the first person that have ever lived there, and it's also difficult for them to go out and improve their living situation unless they become a home buyer, and that's difficult to do today. Tell us more about the incentives and the property types and so on, because there really are some pretty exciting ones. Jim Sheils 32:09 One of the best things about Central Florida, Keith, combined with new construction, is insurance costs. Now you and I have laughed about the blanketed statement where you said, oh my goodness, you cannot get insurance in Florida. You can't get property insurance in Florida, or it's doubled, tripled, gone up 7x that is a true statement on certain properties. If you're buying older properties from the 1950s that are within a half mile of the beach on low lying ground, but new construction properties far away from the beach, that is a totally different things. So again, being in Central Florida, where we are, a lot of people think, oh, to insure a single family home there, that's going to be several $100 a month, when actually, you know, and you've seen a lot of our performer quotes, our insurance companies are getting a single family home done for about $65 a month on average, full coverage. And that's the advantage of new construction. Insurance companies are all about risk. They analyze risk. When you're on a new construction property built on higher ground away from the beach, they like that, and they do that a duplex. You're looking at about $100 a month. So incentive wise, we've really searched to team up with great insurance companies that get the best rates full coverage. And again, we surprise people when they say, Oh man, I thought there would be a whole nother zero at that monthly cost. And these are actual quotes, as you know, with working with a lot of GRE people. So that's one great thing, another great thing, Keith, that happened when we joined forces with Sumitomo. And again, Sumitomo 320, years old, one of the biggest powerhouses out of Asia, Warren Buffett, is very heavily invested in another one of the conglomerates, not the housing one we do, but he's very involved in one of their other companies. And when they came aboard, you know, we have no bank debt for a builder, which is rare. And since we have such a healthy balance sheet, we're actually able to work deals with mortgage companies where we'll do what's called builder forward commitments, Keith, and that means we will pre buy mortgages for our clients, for the homes we're building, and we will pass that savings along. So right now, you know, if an investment property in a duplex might be an average of 7% for anyone who walks in off the street to a bank. Right now, our most popular rate program for our investors, for single family or duplexes, is 3.75 Gosh. So as you know, for your five ways, if we want to get cash flow, there's a big difference. Yeah, we're getting affordable housing. But if the rate is over 7% compared to 375 that could eat up the cash flow with us being able to have this power to buy large tranches of money and pass it along and lock our people in again, an average right now at 3.75 is our most popular program, and that's long term money, then we're able to get that cash flow right off the bat. And you and I know how important that is Keith Weinhold 34:50 for this super attractive 3.75% long term mortgage rate on single family homes and duplexes. How? Much does the buyer have to come out of pocket at the closing table to buy that down themselves? And how much do you the builder participate in that buy down? Jim Sheils 35:07 You know, it depends Keith at different times, because there is a little bit of a fluctuation. Sometimes it can be as low as zero points or just one origination point to bring it in. It does vary. And also, if people say, hey, I really don't want to bring in any points. Well, that's fine. You know, if you don't want to walk in zero to 2% points for that, you can also just raise your rate up to four and a quarter and probably walk in nothing. So there's different things that we can do, but the goal of it is to have us have the brunt of it. And what I can tell you is, if the average person walked into a bank, and a bank wouldn't do this anyway. It's only for, again, builders with a certain size, but if you went into a bank right now and said, I'd like to buy my rate down to 3.75 the average Keith that this would cost a person off the street going into a bank would be 12 to 15% banks wouldn't even do it for an individual. But that's about the estimates when you look at it. So again, volume has privileged. The fact we're able to buy it down. It does cost us a good amount of money, but we're all able to save since we're kind of working together to buy these larger tranches. And again, the need of any investment for buying down the rate from the clients is very minimal. Keith Weinhold 36:18 Tell us more about the property types, new build single family homes, new build duplexes. Jim Sheils 36:23 You know, single family and duplexes are our main focus in 2026 for Central Florida, we've done the research. They're very high in demand. They rent quickly, and they rent long term to produce cash flow. Our average single family home under 300,000 we're aiming to after expense, make about $300 cash flow. Our duplexes should be about twice that amount, about just under $600 a month, or just over in cash flow. And then again, the prices are ranging from about 395, to 420, for a duplex. Again, these are in workforce areas where we're doing great, scattered lots. Scattered lot means there's already existing homes around. We like to go to an area where there's good a fundamental balance of homeowners and renters. So there's retail buyers that have bought their first home, and we will place our rentals in between them, whether it's a single family or a duplex. Keith Weinhold 37:13 We sure don't need to do a complete audio pro forma here, but those cash flow amounts something near $300 for a single family home, and about double that for a duplex. Is that using, you know, a bought down rate to about 4% and some of these other inputs you're talking about, like low insurance costs and a certain property tax rate, can you tell us about that? Jim Sheils 37:35 Yeah, property tax rate is property tax rate. We can get pretty dang close on property taxes, you know, based on millage and get that down. But when we do our performers, we absolutely go off of, you know, our average rate to be the 375, to four and a quarter. And then when GRE clients look at our performer, and they look at the insurance cost, that's an actual quote from one of our insurance companies that has insured hundreds and hundreds of these properties. Not a guess, yeah, so they know what they're doing. So yeah, those would be the assumptions made in there, and that's what we're basically getting on a week in, week out basis. Keith Weinhold 38:09 That is really attractive as we're talking about new build. I imagine there is some sort of builder warranty as well. Jim Sheils 38:16 There's a state mandated 210 warranty. 210 warranty is something we could talk probably a whole episode on Keith. But for what's good for people to know, basically what that means, you get two years coverage on the small stuff and 10 years coverage on the big structural stuff. And so that's why I like new construction. You know what? I used to personally just buy my own fixer up Return key properties from other people. I could get a one year warranty, and that's the best that really can be done. Now with new construction, we've gone from, you know, with our fixer upper homes, able to do a one year warranty, which is good at something. But now with new construction, we can do a 210 warranty, big difference, and also really helps the safety score of issues if they came up. Keith Weinhold 38:59 We were talking about new build property, and we tend to project relatively low maintenance and repair costs for an obvious reason, maybe your long term vacancy rate could very well be lower as well, due to my earlier point about a tenant wanting to stay there for a long time, because it's hard for them to improve their living situation unless they went out and bought their own place. And you have the low insurance rates, and you have the low mortgage rates, all contributing to positive cash flow on a new build property. And we think about that tenant and what gets the tenant excited? We start to think about some of those amenities. So tell us about what amenities are offered, including inside, in the kitchen and so on. Jim Sheils 39:38 Jim, yeah, great question, Keith. We've really gotten a great recipe for success for that. You know, we've been doing this a little over a decade now, and so you're always tweaking your build model. What do people like? What do they not like? What's good for durability? Let's look at maintenance and repairs. Let's look at turn costs. So our goal is always the dual focus. That's what looks good. And what lasts really well, yeah, because you want durability. When you have tenants, you want it to look good, so you sell it down the road, 510, years to a first time homebuyer, it looks great. You can sell it. But durability wise, you don't want a lot of extra expenses or maintenance and repairs. So we go durability. So what we found a couple of things. I always joke about this. I do not like the word carpet, Keith, that is a terrible swear word in real estate investing, I can tell you right now, if I could go back and this is not, you know, owning hundreds of rentals, if I could not have done carpet and just reversed it to like vinyl plank flooring, like we do now, or even tile, which was more, I probably would have been able to buy three or four of our duplexes cash with the amount of money, and that is not an exaggeration. So we do not do carpet. First of all, it seems like trends are changing. It's not in favor right now. So we do vinyl plank flooring, which looks really nice, almost like wood floors, super durable, though, for a young family that's going to be tenant occupied in your property and running around on it. That's great. Kitchen wise, again, we don't sell retail really. We like to work with investors, but down the road, our investor might want to sell to a retail buyer. So we know, you know, from our old fix and flip days of the FHA buyers, the kitchen's got a pop. So we always do, you know, we don't do the white appliances, which you know would save you quite a bit of money, and save us quite a bit of money. We do stainless steel appliances. We do all new cabinetry, you know, kind of the latest, nicer cabinetry, a little bit of an upgrade. And then, you know, butcher block countertops, those are going to wear in about a year or two. Keith, it feels really good to spend that smaller amount, you know. But we, we like to do the more durable, nice looking countertops, you know, that are, you know, just so much more esthetically pleasing and actually durable as well. Same thing in the bathrooms. A lot of new builders will do shower kit, which not a problem if you're saving money on a rehab, you know, but we would rather do tile, bring in the extra subcontractors to give tile, and then in the master we do the dual sinks, which this might sound like little stuff, Keith, but these are the micro movements that help get a tenant in quicker, stay longer and more rent. So we're always trying to do these extra things in the granite countertops, both in the kitchens and in the bathrooms. Those cost more upfront, but we see for long term of tenant we see, for the amount of rent we get, and for resale ability, because a lot of people don't think about that. You know what? In seven years you want to sell one of these properties? Well, it's a seven year old roof, it's seven year old plumbing, you're still in a great spot for an FHA buyer. And that esthetically pleasing flooring, bathrooms, kitchens. That allows an easier sale for them, because we want to look all the way around, not just a rental. I like to hold long term, but if you want to sell in five to 10 years, that's a very valid strategy. Keith Weinhold 42:48 I like carpet in my own home, but not rentals. But what you're sharing with us, Jim, this is absolute gold that's been brought to you through experience. This over improvement versus under improvement line in rentals, and it really has a lot of balance between durability and price. These are the sort of things that really matter, but you are selling predominantly to individual investors, a lot of mom and pop investors. Why don't you make more sales to the retail, owner occupied market, or to institutional investors, even though that might be cracked down upon now. But why don't you sell to those parties? Jim Sheils 43:26 Yeah, you know Keith, I did a lot of fix and flip to FHA buyers, and I'm an investor. I really like working with investors. So when this all really went back to is 2009 I had a lot of investors. I was in Northeast Florida. The deal flow was incredible. And I just had a lot of investors, you know, through my different networks and Masterminds, like, where you and I have met, and said, Hey, you're getting great deals in Northeast Florida. Could you help put some together for me? And so I had done quite a few fix and flips to retail buyers, and it just kind of hot on me, you know, way back then, like, Wow. I like working with investors. I like building portfolios. I also like the fact that when I'm normally building a portfolio for an investor, well, they hang out with other investors, and they're not looking to buy one property over the next five years. They're looking to buy five to eight properties over the next five years. great point. And so we just saw it as you gotta like who you work with, right? And nothing against first time homebuyers. But when I was rehabbing houses and selling them, golly, that was a lot of work. And then could be persnickety. Yeah, very persnickety. And so when Chris and I teamed up about 10 years ago, we had both gone through the same kind of aha, like going, Yeah, it seems great, but you could sell for more to a retail buyer. But again, like I go back to even the type of property we build, we'd rather do a volume with investors. Be a builder, buy investors for investors, and work that way. And I think it suits me. I think I would have probably hung up my shoes a long time ago if I was. Working with the amount of properties we've done with retail buyers compared to investors, honestly, and so I think it was just kind of, it was a preference, really, that made sense Keith Weinhold 45:09 to your point. Investors buy multiple properties, and that way there are fewer parties to deal with. And investors tend to be less emotional than those more persnickety, owner occupied buyers. Well, Jim, you make it easy for investors. Besides all these incentives, you also offer an in house management solution for these investors, often that tend to be out of state. Well, Jim, before I ask you, if you have any closing thoughts, would you the listener like to ask Jim any question directly? Well, you can, because I have a great event to tell you about next Thursday, the 19th, at 8pm eastern Jim here and GRE investment coach, Naresh will co host a live webinar for Central Florida new build income property. In fact, Jim, I think you know Naresh longer than I have, as it turns out, but this event is free, and you the listener are invited. We've had between 250 and 550 registrants for our past webinars. Not all of them attend live. So the benefit of you attending live is that you can have any of your questions answered by either Naresh or Jim in real time, and besides learning about the Central Florida market and more about home building, you are going to see available new build income property, real addresses with some of these rather grand incentives that we've talked about here, you might end up with a long term rate of about 4% again, it is Thursday, the 19th at 8pm Eastern. Sign up is open now at grewebinars.com that's grewebinars.com Any final thoughts here, Jim, for this great event coming up next week? Jim Sheils 46:52 I think we're going to dig a little deeper. Obviously, this is a conversation that was great, but moves pretty quickly when we talk next week, we're going to be able to dig into more of the fundamentals, some of the stats, and just get underneath the hood of why Central Florida is making so much sense, and just some of the rising stars that we're seeing there that we're very excited to be a part of. Keith Weinhold 47:13 You've helped our listeners for close to 10 years now. It's been an informative chat as always. Thanks so much for coming back onto the show. Jim Sheils 47:21 Thanks for having me, Keith. Keith Weinhold 47:27 Yeah, like our guest touched on Ocala, Florida now has national recognition as the fastest growing city in America, and that's for the second year in a row. According to a new U haul report, Florida is, of course, a rather landlord friendly state. In fact, Florida is the first state to enact a law that allows law enforcement to immediately remove squatters, distinguishing them from legal tenants. Now here's what's interesting and why I've identified this opportunity if Florida prices dipped because people were leaving now, that could be a red flag, because population loss is like gravity. Once it starts falling, it is hard to escape. But that's not what's happening. Instead, what we're seeing is a temporary overbuild hangover. Builders got ambitious. We're in a brief period where supply outran demand and prices softened. That's not decay. That's a sale rack. Any vacant homes are not stranded. They're being absorbed by Florida's still growing population, which has now increased every single decade since its first census count, back in the year 1830 back in 1830 there were about 35,000 residents in the whole state. Isn't that amazing today? North of 24 million, that is 700x population growth in almost 200 years, and it's still growing. That kind of trend doesn't reverse because a few builders over ordered inventory here at GRE this made us target and find in opportunity. This isn't an accident. Central Florida is this year's most compelling. Housing market in that region, Central Florida, is growing faster than the rest of the state at large, and it really sits in the sweet spot of this temporary imbalance. One long established builder overbuilt and now they're motivated. They know what investors want. So, for example, they don't build swimming pools with their homes. They also offer property tours, and over 90% of their tour attendees buy property. They're willing to offer terrific incentives at our upcoming GRE live webinar, like we touched on new build single family rentals, 270k and up duplexes, three. 95 to 420, long term mortgage rates as low as 3.75% you get low insurance rates since they're inland and new build positive cash flow and a builder warranty at the event. You're going to learn all about the growth drivers in Central Florida, why so many renters are moving there and see available properties. This benefits anyone looking for a clear, practical view of current real estate conditions. Joining live does matter, since you can have those questions answered in real time, not after the opportunity has moved on, you are invited for next Thursday, the 19th, at 8p m Eastern. This one is worth circling, not because it's flashy, because it's timed right. Sign up is open now @grewebinars.com that's gre webinars.com. Until next week. I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 5 51:00 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 51:29 The preceding program was brought to you by your home for wealth, building, get richeducation.com
One full week into the February, and there is no shortage of headlines for Ian Sacks and Isaac Bourne to discuss. Saint Louis rolls to a big win over La Salle. Santa Clara jumps into sole possession of first place in the WCC behind eight straight wins and Portland upsetting Gonzaga. Miami (OH) remains undefeated with a win in MAC-Sun Belt Challenge. The event also featured a triple-OT thriller between UMass and Coastal Carolina. Utah State rolls New Mexico at The Pit. The WAC is playing games with Utah Valley. Plus, our weekly picks segment returns.
App State wins its sixth consecutive game and reaches 10 home wins for the fifth straight season with a 65-60 victory over Eastern Michigan. Listen back to the highlights and analysis as well as postgame interviews with Dustin Kerns and Alonzo Dodd.
David, Ryan, and Tim break down Georgia State's chaotic loss to Troy at The Box, including a fight that somehow didn't result in an ejection and a referee response that left everyone confused. They hit what went wrong on the court, where the Panthers really sit in a messy Sun Belt race, and whether this team is truly stuck in the middle.They also talk Chick-fil-A promos, arena value and tarps, upcoming non-conference scheduling quirks, patch sponsorship ideas, and why basketball might be better if it just admitted it wants to be hockey. It's Boxing at The Box — and yes, apparently that's legal.Follow usWeb: http://stateofatlanta.comFacebook: http://facebook.com/STATEofAtlantaTwitter: http://twitter.com/STATEofAtlantaYouTube: https://www.youtube.com/@STATEofAtlantaSupport the showPatreon: http://patreon.com/STATEofAtlantaRock our swagMerch: http://merch.STATEofAtlanta.com
Send us a textJoin the guys of 3B as they host Assistant Coach & recruiting coordinator Mike Wood & IN/OF/C Nate Wood!They may not be related but they are on the same wavelength, it's all South Alabama baseball for these guys! We talk Coach Wood being new to the Sun Belt (but not newly aware of the Belt), what it's like for Nate to date another college athlete, and a surprise pick from Nate on what winter Olympic sport he would do!Tune in to find out!Like this content? Follow us on our socials;Search sunbeltsyndicate on all platforms https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
In a battle for second place in the Sun Belt standings, App State prevailed at home, defeating South Alabama 65-57 for the Mountaineers fifth consecutive win. Listen back to the highlights and analysis as well as postgame interviews with Dustin Kerns, Alonzo Dodd and Jalen Tot.
Send us a textJoin the guys of 3B as they host Assistant Coach Britt Johnson, RHP Jordan Fisher, and IF Joseph Zamora!We'll look over the in and out of conference schedule, what it takes for App State to be interested in a player, and of course, the usual fun discourse of the locker room and team chemistry that the Mountaineers possess. If you're a Black and Gold fan, this will give you great insight into the program. Take a listen before first pitch next Friday!Like this content? Follow us on our socials;https://www.facebook.com/Sunbeltsyndicatehttps://www.instagram.com/sunbeltsyndicate/https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Duane and Hurls recap the Sabres 4-3 loss to the Tampa Bay Lightning - Samuelsson 2 goals - Krebs brain fart in OT - Colten Ellis impressive - Happy with 3/4 points, or inexcusable? - 10 scouts in the house to watch Sabres vs Tampa - Who should Jarmo target? Duane likes the idea of Boone Jenner - More! Subscribe on Apple Podcasts, Spotify, YouTube, or wherever you get your podcasts - Presented by Impulse Physical Therapy of WNY, Xtreme Discount Mattress, and Fattey Beer Co! Learn more about your ad choices. Visit megaphone.fm/adchoices
Send us a textJoin the fellas of 3B as they preview the 2026 baseball season with Associate Head Coach Seth Thibodeaux, IF Rigoberto Hernandez, RHP Cody Brasch, & RHP JR Tollett!We talk exciting out of conference matchups (including LSU at home), who the locker room DJ is, and if they could compete in the winter Olympics, what sport/discipline they would choose. Check it out!Also streaming on all audio platforms!Like this content? Follow us on our socials;https://www.facebook.com/Sunbeltsyndicatehttps://www.instagram.com/sunbeltsyndicate/https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Send us a textJoin the fellas of 3B (Belt Baseball Boys) as they host Troy Trojans Associate Head Coach Ben Wolgamot and 1B Blake Cavill!We talk the Trojans being left out of the NCAA tournament last season, their motto heading into this year, and some very interesting pets of Blake's...You don't want to miss this one!Also streaming wherever you listen to podcast!Like this content? Follow us on our socials;sunbeltsyndicate on all but X.https://x.com/SunbeltSyndicatCovering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #baseballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode, Dylan Silver welcomes Robbie Hendricks, managing partner of Venture Real Estate Co (VREC), to discuss the multifamily real estate investment landscape, particularly in the Midwest. Robbie shares insights on how the market has evolved over the past five years, especially in light of the pandemic and rising interest rates. He emphasizes the stability of the Cincinnati market compared to more volatile areas like Austin and Phoenix, noting that while Cincinnati may not experience the same rapid growth, it also avoids the severe downturns seen in other regions. This stability has allowed VREC to thrive, focusing on value-add opportunities in multifamily properties. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
Daisia Mitchell and Luke Wilson join the show along with head coaches Alaura Sharp and Dustin Kerns.
For Super Bowl Week, our guest is former App State football star Shemar Jean-Charles. Sherm is now a member of the Seattle Seahawks and joins the pod to discuss the emotions of making it to the big game. The conversation also features a cameo from a hall of fame head coach. Plus, the guys recap another big week of winter sports on the mountain and Bret visits with wrestler Kaden Keiser. #DSOTDP
LSU’s athletics department released data a few weeks ago showing that Louisiana’s flagship public university raked-in more than $200 million in sports revenues over the past year. The athletics department also spent all but $3 million of the money. It turned a profit of $3 million. About 40 miles west of Baton Rouge, the athletics program at the University of Louisiana-Lafayette is currently fighting for survival. The school’s athletics department recently cut 35 staff positions to trim its budget from $46 million to $42.7 million per year. Why is UL-Lafayette’s athletics program losing money? The Ragin’ Cajuns’ athletics programs have lost upwards of $5 million in each of the past few years. Much of the shortfall can be attributed to the school’s football program. The UL-Lafayette Ragin’ Cajuns have fielded winning teams in four of the past six football seasons. Local fans are quite aware that their local team had become a top competitor within the Sunbelt Conference. UL-Lafayette (like so many mid-major and smaller universities) is having trouble keeping pace with the rising costs in college athletics. Fan support at home athletic events has not significantly increased as costs have skyrocketed. Big money support from the school’s alumni and corporate base has also failed to move the revenue needle enough to cover the increasing costs. In fact, the Ragin’ Cajuns have a lot of company in dealing with a growing phenomenon called “donor fatigue.” It is the economic reality that most mid-major athletics programs simply cannot expect to compete for national titles with the giants of major universities. UL-Lafayette’s annual athletics budget is 25% of nearby LSU LSU’s rabid fan base fills-up 102,000 seat Tiger Stadium for most football games. A seemingly never-ending demand exceeds the annual supply for prime seating in Baton Rouge. LSU athletic donors are effectively bidding against themselves for better accommodations by donating more and more money into the school’s athletic funds. A quest for national championships by LSU in football, basketball (well, at least the women’s team), baseball and gymnastics has driven sports fanaticism. LSU’s athletic supporters have (thus far) been willing to dole out incredible amounts of cash to support that drive for success. Of course, those same donors get to retain prime seating accommodations at the school’s athletic events. The incredibly deep pockets of key athletics donors agreed to cover LSU’s massive $54 million buy-out of football coach Brian Kelly last fall. That same huge war chest of funding helped to guarantee the hiring of new coach Lane Kiffin at a price of $90 million over the next seven years. Louisiana’s second-largest public university is struggling to pay the bills UL-Lafayette has nearly 20,000 students. It is the second largest public university in Louisiana behind only LSU (34,000 undergrads plus 7,000 graduate students). The football team for UL-Lafayette plays in the $65 million recently-renovated 30,000 seat Cajun Field. This ambitious stadium upgrade took nearly two years to complete and was put into service last fall. The football stadium was originally constructed in 1971. The revamped Cajun Field offers better outdoor seating options, luxury boxes, and other improved aesthetics to provide a better fan experience. Funding for this upgrade came from the school’s largest donor groups and a few key corporate sponsors. Donors were provided the opportunity to spend money for naming rights within the upgraded stadium. You could have placed your name on the stadium’s new scoreboard for $3 million. The “SwampSwamiSports.com” concession stand would have cost me a cool $250,000 to have my name on it (ha ha – good luck with that one!). You could even place your name on the stadium’s four oak trees for a pledge of $50,000. Last fall’s initial season in the Cajuns’ upgraded football stadium produced an average home attendance of 19,981 per game. That is 2/3 of capacity. UL-Lafayette’s game against nearby McNeese State produced the season’s largest crowd of 26,067. Ten years earlier, UL-Lafayette’s 2015 average home football attendance was 21,596 per game. In other words, the athletic support from the school’s home market seems to have remained relatively flat from year-to-year. The Ragin’ Cajuns $40 million annual athletics budget is near the bottom of the Sunbelt Conference UL-Lafayette has been a member of the Sunbelt Conference since 1991. The league was comprised of 14 members last fall for the 2025 football season. Last year’s Ragin’ Cajuns athletics budget of more than $40 million placed it ahead of only Arkansas State, Georgia Southern, Southern Miss, and in-state rival UL-Monroe ($20.9 million). The Sunbelt expanded in the year 2022 to include James Madison University and Old Dominion University in Virginia plus Marshall University in West Virginia. A road trip from Lafayette, Louisiana to each those schools requires more than 1,000 miles each way. That means that air travel is needed for not just football but basketball, baseball, softball, and other team sports playing on the road at those destinations. One source estimated that the increase in travel costs to play the recently-added Sunbelt members added a few million dollars in transportation expenses (mostly via air) for the Ragin’ Cajuns. Should UL-Lafayette try to increase athletics revenues, cut costs, or both? Playing in the Sunbelt Conference brings both UL-Lafayette and in-state rival UL-Monroe more than $2 million apiece in media revenues from ESPN and other sources. A departure out of the Sunbelt Conference to drop back into the FCS level would mean an immediate loss of media revenue for athletics. A very significant near-term problem for Louisiana’s mid-major football programs is the SEC’s decision to play nine conference football games beginning this fall. Going from eight to nine SEC games leaves just three non-conference opportunities available in the football schedule for LSU and other regional SEC teams. The LSU Tigers have been quite generous in scheduling Louisiana-based teams to come play at Tiger Stadium for non-conference games in recent decades. Those road teams generally pocket more than $1 million to become “Tiger Bait” for their three hour fall visit to Baton Rouge playing in a non-conference football game against LSU. UL-Lafayette’s Ragin’ Cajuns played only one big “money game” last fall at the SEC’s University of Missouri. In-state Sunbelt rival UL-Monroe played two payday road games in 2025 – at SEC powerhouse Alabama and at the Big Ten’s Northwestern University. The Warhawks’ athletics war chest (half the size of UL-Lafayette) depends heavily on at least two money games per year to keep the school’s athletics budget adequately funded. SEC football teams will now have one less spot to fill in their football schedule. That means increased competition among today’s mid-major football programs seeking for the chance to land one or two payday games every season. This will likely to drive the monetary guarantees for these games down in the years to come. LSU Director of Athletics Verge Ausberry will have even more football teams knocking on his door to fill future non-conference games in Baton Rouge. Those paydays are likely to decrease for Louisiana’s current Sunbelt Conference members such as UL-Lafayette and UL-Monroe. Do students want to pay additional fees to help cover the growing costs of athletics? UL-Lafayette’s last increase in annual student fees dedicated to cover athletics came about 20 years ago. It added just $10 per semester per student. Sunbelt member James Madison University (21,000 students) is similar in size to UL-Lafayette. The Virginia-based school charges students a whopping $2,456 (correct) per academic year to pay for college athletics. This provides JMU with $50 million directly from students – whether they attend sporting events or not. Even UL-Monroe passed an increase in student fees dedicated to athletics from $20 to $75 per year beginning in 2025. It will add about $600,000 annually to the Warhawks athletics budget. Getting UL-Lafayette’s students to kick-in additional cash for athletics may be a hard sell. Don’t go looking-up many of the school’s primary athletics donors, either. They are proudly pointing at the Ragin’ Cajuns’ $65 million renovated football stadium as proof of their recent philanthropy. What is happening at UL-Lafayette is not unique. It is occurring all across the country as many universities struggle to determine if they should remain playing in the upper tier of college athletics. The rising costs necessary to sustain expensive college athletic programs are causing university administrators to (finally) take a much harder look at the economic realities. Many college athletics programs are currently on life-support. Who’s next? The post UL-Lafayette cuts 25% of Athletics Staff after Revenue Shortfalls appeared first on SwampSwamiSports.com.
Send us a textIf 3 percent of your customers drive 60 percent of your revenue, how much of your budget do they actually get? We open the hood on the equipment industry's quiet math—where rental term length dictates margin, customer concentration drives fragility, and blended sales-rental models bleed value. With Nick Mavrick, we connect dots from Wayne Huizenga's roll-ups and Blockbuster's rental logic to today's Sunbelt and United advantage, then show how dealers can counter with focus, clean data, and local execution that wins loyalty for years.We dig into Volvo Rents as a case study in structure: why franchising empowered local operators to target the 15 accounts that move the needle, and how financing allure pulled in owners without the operating muscle to sustain performance. We explain why sales and rental need separate P&Ls, leadership, and incentives; how average rental term becomes a profit engine; and why national accounts can't be ceded to rental oligarchs when coordinated regional dealer execution can compete. Along the way, we challenge the myth of the normal distribution and replace it with the power law you already feel in your numbers.Then we get practical. Define your top 100 must-win accounts and the next 100 rising stars. Reallocate spend from the long tail to the core. Build lifecycle intelligence by model—parts and service per hour, expected life, resale value—and use real machine population by brand to guide outreach. Establish a single source of truth before layering AI to accelerate insights. The goal isn't to copy the giants; it's to out-serve them where you live, with fast decisions, clear promises, and people who know customers by name.If this resonates, follow the show, share it with a colleague who needs a sharper plan, and leave a review to help more operators find these conversations. Your next quarter's margin may start with one clean list and one tough cut—what's the first change you'll make? Visit us at LearningWithoutScars.org for more training solutions for Equipment Dealerships - Construction, Mining, Agriculture, Cranes, Trucks and Trailers.We provide comprehensive online learning programs for employees starting with an individualized skills assessment to a personalized employee development program designed for their skill level.
John Chang interviews Josh Jacobs about why the long-anticipated wave of multifamily distress is finally showing up across select Sun Belt markets. Josh explains how aggressive bridge financing, rising interest rates, slower rent growth, and new supply have converged to force lender-driven sales, receiverships, and recapitalizations—particularly in Gulf Coast states. He breaks down how debt funds, banks, LPs, and preferred equity are navigating defaults, why many sponsors are being wiped out, and what actually happens when lenders step in. The conversation closes with a clear-eyed look at where disciplined investors may find opportunity as pricing resets heading into 2026. Josh JacobsCurrent role: Senior Managing Director, Marcus & MillichapBased in: Birmingham, AlabamaSay hi to them at: josh.jacobs@marcusmillichap.com | https://www.linkedin.com/in/josh-jacobs-b142461b2/?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app Visit www.tribevestisc.com for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/ Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Podcast production done by Outlier Audio Learn more about your ad choices. Visit megaphone.fm/adchoices
App State posts a statement win on the road, throttling conference leader Troy 66-44 behind a career-high 33-point effort from Kasen Jennings. Listen back to the highlights and analysis as well as postgame interviews with Jennings and head coach Dustin Kerns.
Prices are shifting, chemicals are spiking, and margins get squeezed fastest when your billing model hides the true cost of service. We unpack the 2026 State of the Pool Service Report from Skimmer and turn its data into moves you can make this week—clear regional benchmarks, smarter billing, and a simple plan to stop giving away chemicals.For the full Skimmer 2026 Report: https://hubs.la/Q03_zvF80 We start with the numbers: average monthly service near 225 dollars in key Sunbelt markets, plus common rates for openings, closings, filter cleaning, and salt cell maintenance. Then we dig into why 76 percent of companies still prefer monthly billing and how it quietly stabilizes revenue compared with per stop invoicing. From there, we map a practical transition to a hybrid chemical model: tablets and shock billed to the client, specialty chemicals as pass-throughs, and a small maintenance dose included so most invoices stay steady while heavy-use pools pay their way.Cash flow gets a boost with deposits on repairs and installs. You'll hear why a 50 percent deposit or set booking fee reduces cancellations, funds equipment purchases upfront, and shortens the money gap on bigger jobs. We also share where pros are sourcing—Pool Corp and Heritage remain dominant thanks to price and availability—and how brand ecosystems differ by region, with Pentair leading in many Sunbelt markets and Hayward stronger on the East Coast.We close with easy, low-friction price adjustments customers rarely fight: inch filter cleanings toward triple digits, align salt cell service with market averages, and keep monthly rates competitive for your area. If you want a resilient pool business, use data to guide your pricing, make billing transparent, and remove the profit leaks hiding in chemicals. • Regional price benchmarks and what they mean• Monthly billing versus per stop billing trade-offs• When and how to charge for chemicals• How to phase in tablet and shock billing• Deposit policies that reduce risk• Supplier and brand preferences Send us a textSupport the Pool Guy Podcast Show Sponsors! HASA https://bit.ly/HASAThe Bottom Feeder. Save $100 with Code: DVB100https://store.thebottomfeeder.com/Try Skimmer FREE for 30 days:https://getskimmer.com/poolguy Get UPA Liability Insurance $64 a month! https://forms.gle/F9YoTWNQ8WnvT4QBAPool Guy Coaching: https://bit.ly/40wFE6y
App State made some clutch shots down the stretch to earn a road win over Southern Miss, 70-63, to move one win back of first place in the standings. Listen back to the highlights and analysis as well as postgame interviews with Dustin Kerns and Jalen Tot.
Pascal Wagner interviews Jon Brooks, who breaks down why today's real estate market is sending mixed signals—and why getting that interpretation wrong can have real financial consequences. Jon explains how decades of falling interest rates created a powerful tailwind for real estate that no longer exists, especially in overbuilt Sunbelt markets like Florida. The conversation explores what's actually breaking versus what's simply slowing down, including rising insurance and tax costs, declining affordability, demographic headwinds, and stalled migration. Jon also shares why he sold his entire personal real estate portfolio, pivoted into private lending, and ultimately shifted capital into equities as risk-return dynamics changed. This matters because many investors are still relying on outdated assumptions about appreciation, cash flow, and long-term demand. Understanding how interest rates, demographics, and market psychology intersect helps investors reassess where risk is no longer being adequately compensated—and how to position capital without relying on the market to “save” them. Jon BrooksCurrent role: Co-Founder, Momentum Realty; Private Lending Fund ManagerBased in: FloridaSay hi to them at: X - https://x.com/jonbrooks YouTube - https://www.youtube.com/@therealjonbrooks Threads - https://www.threads.com/@iamjonbrooks Instagram - instagram.com/iamjonbrooks/?hl=en Facebook - https://www.facebook.com/jon.brooks.12 Substack - jonbrooks.substack.com Visit www.tribevestisc.com for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/ Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Podcast production done by Outlier Audio Learn more about your ad choices. Visit megaphone.fm/adchoices
After hitting ten 3's in his last two games combined, Jalen Tot from the men's basketball team joins the pod to discuss his increased productivity on the court and his circuitous route to Boone. Plus, the guys preview a huge four-day stretch for the winter sports. #DSOTDP
The Drive with Paul Swann previews an exciting week for Marshall basketball. Bobby Iddings, Marshall ESPN+ play-by-play announcer, joins the show to break down the women's team (17–5, 8–2 SBC) as they return home Wednesday to host Troy (16–4, 7–2 SBC) in a key Sun Belt matchup.Plus, Emily Suter, Marshall's director of premium seating, donor experience and special events, discusses her new role and how fans can take advantage of sky deck rentals at basketball games and other athletic spaces for private events.All that and more on The Drive with Paul Swann.
Send us a textJoin Dominick Crosetto and Zac Capps as they catch you up on last week's Sun Belt basketball action! We look at the standings (lots of movement!), talk about the big games, and what lies ahead in this week's schedule.Support the showLike this content? Follow us on our socials;Sunbeltsyndicate - everywhere!Covering the Sun Belt conference from the first kick(off) to the last pitch.#sunbelt #college #basketballSupport the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Recorded at the CBRE Women's Network Power of WE conference, this episode offers a rapid-fire, insights-rich tour of major U.S. commercial real estate markets. Our subject-matter experts provide inside views of how different regions are navigating supply, demand and economic forces—from industrial and logistics to multifamily, office and retail—and insights on where investors and occupiers may find value in 2026.National CRE outlook, including signs of asset repricing stabilization, improving liquidity and transactions momentum. Industrial dynamics in Southern California, from manufacturing fundamentals and port-driven demand to pockets of strength and ongoing vacancy challenges. Sector trends, including data centers, alternative assets, big‑box scarcity, rent trends, and how corporate occupiers are re‑entering the market. Multifamily performance across gateways, the Sun Belt and the Midwest, driven by slowing construction cycles, demographic patterns and evolving investor interest. Emerging and opportunity markets, from South Carolina's growth to resurgent metros like San Francisco, Seattle, Phoenix and smaller high-growth cities such as Boise.
John Chang gives listeners a wide-ranging outlook on the 2026 commercial real estate landscape, drawing from recent industry webcasts, capital market data, and his upcoming conversations with investors at NMHC. He explains why rising cap rates and falling borrowing costs have reset real estate returns to some of the most attractive levels seen in over a decade, even as broader economic uncertainty grows. John breaks down how slowing job creation, shifting migration patterns, and heavy Sunbelt development are creating near-term pressure for multifamily—especially Class B and C assets—while lower-development markets continue to show resilience. He also explores why institutional capital is quietly flowing back into commercial real estate, what gold prices may be signaling about investor sentiment, and where he sees risks and opportunities across multifamily, retail, office, industrial, and self-storage heading into 2026. Visit www.tribevestisc.com for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/ Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Podcast production done by Outlier Audio Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Excess Returns, Redfin Chief Economist Daryl Fairweather joins Matt Zeigler to unpack what she calls the Great Housing Reset. Rather than a housing crash or correction, Fairweather argues the market is entering a multi year transition toward something more normal, where incomes gradually catch up to home prices and affordability improves at the margin. The conversation covers mortgage rates, supply constraints, regional housing dynamics, climate risk, policy tradeoffs, and how AI is reshaping real estate decisions for buyers, renters, and investors.Topics covered in this episode• Why the current housing market is a reset, not a crash or correction• How income growth outpacing home price growth could slowly improve affordability• Mortgage rate dynamics and why rates may stay near the low 6 percent range• The mortgage rate lock in effect and why inventory may take years to normalize• Regional housing trends including the Midwest, Northeast, Sunbelt, and tech hubs• The role of wages, rents, and affordability for Gen Z and first time homebuyers• Investor activity, rental markets, and the outlook for housing as an investment• Immigration, foreign buyers, and local market distortions• Multi generational living, ADUs, and creative housing solutions• Housing policy ideas that actually address supply constraints• Why demand side policies like 50 year mortgages miss the real problem• Climate risk, insurance costs, and total cost of home ownership• How AI and conversational search are changing the home buying process• The future of MLS consolidation and real estate market structure• Practical guidance for renters, buyers, and homeowners looking ahead to 2026Timestamps00:00 Introduction and the Great Housing Reset02:00 What a housing reset really means03:30 Income growth versus home price growth05:20 Mortgage rates and the outlook for borrowing costs08:40 Fed policy, bond markets, and mortgage rates10:40 Inventory shortages and the lock in effect12:30 Regional housing market winners and losers16:00 Affordability challenges for younger buyers19:00 Rental markets and investor dynamics21:20 Multi generational living and ADUs25:00 Housing policy and supply constraints29:30 Why 50 year mortgages do not solve affordability33:00 Geographic housing outlook by life stage39:30 Climate risk, insurance, and housing costs47:00 Energy efficiency and dense housing50:20 AI, real estate search, and market structure54:30 What to watch in the housing market through 202659:30 Book discussion and where to follow Daryl Fairweather
App State used its suffocating defense to win back-to-back league games for the first time this season, defeating ULM 59-43. Listen back to the highlights and analysis as well as postgame interviews with Dustin Kerns and Luke Wilson.
In this episode of The Real Wealth Show, Kathy Fettke is joined by Xander Snyder, Senior Commercial Real Estate Economist at First American, to break down where we are in the commercial real estate cycle and what it means for investors. Xander explains why prices have stabilized, why transaction volume is slowly returning, and why he believes we're at the beginning of the next commercial real estate cycle. They discuss multifamily oversupply in key Sunbelt markets, vacancy and rent trends across Class A, B, and C properties, and why some regions may recover faster than others. The conversation also covers refinancing risk as billions in commercial loans reset, rising insurance costs, and why disciplined underwriting and strong operations matter more than ever in this cycle.
The impending snow storm won't keep Bret and Adam away from the microphones. Along with their snow activities, the guys discuss the current winter sports news and the latest additions to the football roster out of the transfer portal. #DSOTDP
Jalen Tot buried six second half three pointers to help App State pull away to a 72-58 victory over Louisiana. Listen back to the highlights and analysis as well as the postgame thoughts of Tot and head coach Dustin Kerns.
David, Ryan, and Tim give thoughts on the CFP Championship Game and what it means for Georgia State football and the Sun Belt, question what the Panthers' big win over Monroe means, and react to the basketball cheating scandal at Kennesaw State.Follow usWeb: http://stateofatlanta.comFacebook: http://facebook.com/STATEofAtlantaTwitter: http://twitter.com/STATEofAtlantaYouTube: https://www.youtube.com/@STATEofAtlantaSupport the showPatreon: http://patreon.com/STATEofAtlantaRock our swagMerch: http://merch.STATEofAtlanta.com
The Monarchists Basketball Show is back with Head Coach Mike Jones as Old Dominion wraps up a critical road trip and turns the page toward two huge home games at Chartway Arena.We break down the heartbreaker at Georgia Southern, the gritty win at App State, and what Coach Jones learned about his team's growth, toughness, and maturity along the way. The conversation highlights Jordan Battle's electric performance, Jared Turner's confidence and development, and what it truly means to learn how to win in Sun Belt play.Looking ahead, Coach Jones previews:- A massive Wednesday night matchup vs. Troy- A Saturday showdown vs. Louisiana- The jersey retirement of ODU legend Ronnie Valentine- Why alumni weekends, tradition, and fan support matter more than everThis episode is all about growth, belief, and momentum as the Monarchs fight for positioning and prepare for the stretch run toward Pensacola.
Send us a textJoin Dominick Crosetto and Zac Capps as they catch you up on last week's Sun Belt basketball action! We look at the standings (who dropped? who moved up?), talk about the big games, and what lies ahead in this week's schedule.Support the showBe sure to check out Don't Sleep Energy at www.dontsleepenergy.com or at their Amazon shop. Go to Amazon and search 'Don't Sleep Energy'. Check out all Phenom has to offer at www.phenomelitebrand.com. Whether you need cleats, gloves, or accessories, Phenom's got you covered! Use code SBSYNDICATE at checkout for 10% off!
Feryal Defne Atli and Kasen Jennings join the show along with head coaches Alaura Sharp and Dustin Kerns.
Justin and Dan look back at Auburn basketball getting a win it absolutely needed against South Carolina behind Filip Jović's breakout performance, then they talk about the work Alex Golesh and staff are doing in the transfer portal for Auburn football. Topics for this episode include:* the benefits of winning when a team needs a win* the conditions that led to Jović's massive game* is Auburn's frosty three-point shooting a concern?* how elements of Tahaad Pettiford's game reversed course after the Missouri loss* Dan's reasons to believe the team can improve between now and the end of the season* a brief preview of Ole Miss before Justin heads to Oxford* a player-by-player breakdown of Auburn's latest incoming football transfers* which positions seem to have clear-cut favorites to start and which positions seem to suggest heavy competition* Scrap joining a long line of great Auburn names* an update about Troy Women's Basketball's quest for the Sun Belt title* an ode to watching historic sports moments at bars in airports* a preview of the CFP National Championship Game* Dan takes victory laps after predicting success for Dylan Cardwell and Fernando Mendoza* several failed attempts by Dan to give Jović a nickname, including one that causes Justin audible pain If you're receiving this free podcast episode and would like to upgrade to a paid subscription that gives you access to all stories and premium podcast episodes, subscribe using the button below or clicking this link.Follow Dan (@dnpck) and Justin (@JFergusonAU) on Twitter. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.auburnobserver.com/subscribe
John Chang interviews Ben Lapidus, host of the Best Ever Conference, to discuss how commercial real estate investors are repositioning after several challenging years. Ben explains that sentiment has shifted from survival to selective action, with opportunity emerging outside traditional Sun Belt multifamily and into niche strategies like industrial, neighborhood retail, and specialized development plays. They explore why many LPs are consolidating capital with a smaller group of trusted operators, how scale and platform size can now suppress returns, and why unique investment theses are outperforming generic value-add strategies. Ben also shares why his long-term bias favors real estate over equities, emphasizing tangible value, basis plays, and adaptability as markets reset heading into the next cycle. Ben LapidusCurrent role: Host, Best Ever Conference; Commercial Real Estate InvestorBased in: ColoradoSay hi to them at: https://www.besteverconference.com/ Visit www.tribevestisc.com for more info. Visit bestevercrypto.com today to get started and earn up to $2,500 in bonus crypto. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/ Join the Best Ever Community The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria. Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at www.bestevercommunity.com Podcast production done by Outlier Audio Learn more about your ad choices. Visit megaphone.fm/adchoices
Jason provides an update on the real estate market, emphasizing that property investment remains the primary vehicle for building long-term wealth. He discusses how shifting government policies and potential changes to the Federal Reserve could lead to lower interest rates and increased housing affordability. He highlights specific high-growth markets in the Midwest and Sunbelt while addressing the impact of institutional investors on supply. Jason also introduces technological tools and advisory services designed to help individuals navigate these economic trends. Ultimately, Jason serves as a guide for investors to capitalize on a changing financial landscape and achieve independence through real estate. #RealEstateInvesting #CreatingWealth #JasonHartman #HousingMarket #FinancialIndependence #PropertyInvestment #PassiveIncome #EconomicTrends #InterestRates #FederalReserve #MortgageBackedSecurities #TrumpHousingPolicy #InstitutionalInvestors #SingleFamilyHomes #RealEstateTrends #WealthBuilding #MarketAnalysis #HousingAffordability #RentalIncome #CoLiving Key Takeaways: 0:00 Ai overview: What makes 90% of millionaires 3:12 Trump, the FED and upward pressure on real estate prices 7:54 Core tension in Trump's housing agenda 9:32 Top 25 Metros by Investor Volume 11:30 Housing news that matters 16:57 Cotality: small versus mega investors 19:16 Jpin our FREE Masterclass every seocond Wednesday of the month JasonHartman.com/Wednesday https://propertytracker.com/ Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com
Justin and Dan go deep on Auburn basketball's massive and much-needed home win over Arkansas before discussing the latest big-time pickups in the transfer portal for Auburn football. Topics for this episode include:* how the Tigers flashed their impressive ceiling once again* Auburn's players saying they had to win this one for the fans* Keyshawn Hall putting himself in Auburn history with another 30-ball* why Hall's game was much more than just scoring at an elite level* Tahaad Pettiford making a huge difference while not hitting many shots* Auburn's defensive excellence against one of the nation's best offenses* the Tigers' ability to rebound at a very high rate against bigger teams* Justin's take about just how good this Auburn offense can be* why Blake Muschalek played over Kaden Magwood on Saturday* a brief preview of a road test against a massive Missouri team* how much better could Auburn football's offense be next season?* landing Keshaun Singleton and the importance of continuity * the upgrade at quarterback with Byrum Brown* a look back at the transfer quarterback class in 2025* Cam Coleman to Texas… and Deuce Knight to Ole Miss* Baylor transfer Bryson Washington's potential in an Alex Golesh offense* the surprise pickup of Jake Johnson at tight end* Dan's take on new transfer offensive tackle Jo Simmons* looking at a few recent pickups on the defensive side and what could be next* “the West Coast of the Sun Belt”* check out this up-and-coming film actor: Robert De Niro If you're receiving this free podcast episode and would like to upgrade to a paid subscription that gives you access to all stories and premium podcast episodes, subscribe using the button below or clicking this link.Follow Dan (@dnpck) and Justin (@JFergusonAU) on Twitter. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.auburnobserver.com/subscribe