Podcasts about united van lines

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Best podcasts about united van lines

Latest podcast episodes about united van lines

Lance Roberts' Real Investment Hour
1-10-25 What The Social Security Fairness Act Means For Your Retirement

Lance Roberts' Real Investment Hour

Play Episode Listen Later Jan 10, 2025 46:38


Richard and Jonathan discuss the narratives that are driving the markets, and the fear factor for bond investors. Is the response to tariff threats an over-reaction? How to deal with emotions in investing. Menwhile, job satisfaction is highest among the 60+ crowd: The group has been working longer, and understands the value of socialization; retirement planning shold include qualitative elements. A look at Gen-z Worth Ethic. The Social Security Fairness Act is now the law of the land, signed on Sunday by President Biden. It promises to erase rules that penalized some retirees by eliminating two federal policies that barred employees with a public pension from collecting their full benefits under the federal retirement program and that reduced benefits for those workers' surviving spouses and family members. What about the depletion effect? Taxation of SS benefits is double taxation...and wrong. A look at the United Van Lines' Moving Destination survey; understanding the Wash Sale Rule (which has nothing to do with laundry soap); Do not depend on government clarity to interpret its own rules! A word about end-of-year tax-loss harvesting. SEG-1: Breaking down the narratives that drive the markets SEG-2: Higher Job Satisfaction Among Workers 60+ SEG-3: Social Security Fairness Act - Implications & Payback SEG-4: Understanding the Wash Sale Rule Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=JrToO7K7Fsg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2236s ------- Articles mentioned in this report: "Why Are Bond Yields Rising?" https://realinvestmentadvice.com/resources/blog/why-are-bond-yields-rising/ "Curb Your Enthusiasm” In 2025" https://realinvestmentadvice.com/resources/blog/curb-your-enthusiasm-in-2025/ ------- The latest installment of our new feature, Before the Bell, "DMA Crossovers Are Not a Death Knell," is here: https://www.youtube.com/watch?v=RCfM5mTOJBc&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Why Are Bond Yields Rising?" https://www.youtube.com/watch?v=hx9jVRa0-gc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #SocialSecurityReform #FairRetirement #SocialSecurityFairnessAct #RetirementPlanning #FinancialSecurity #JanuaryBarometer #DMACrossOver #DownwardPricePressure #Finance2025 #BondYields #FinancialMarkets #InterestRates #EconomicTrends #EconomicOutlook #MarketReversal #InvestmentInsights #StockMarket2025 #EconomicForecast #FinancialStrategies #WealthManagement #MarketTrends #Complacency #MarketRisk #OverBought #OverSold #20DMA #50DMA #MakretRally #Expectations #MarketIndicators #CurbExpectations #StockMarket2025 #Expectations #MarketIndicators #CurbExpectations #InvestingAdvice #Money #Investing

The Real Investment Show Podcast
1-10-25 What the Social Security Fairness Acts Means for Your Retirement

The Real Investment Show Podcast

Play Episode Listen Later Jan 10, 2025 46:39


Richard and Jonathan discuss the narratives that are driving the markets, and the fear factor for bond investors. Is the response to tariff threats an over-reaction? How to deal with emotions in investing. Menwhile, job satisfaction is highest among the 60+ crowd: The group has been working longer, and understands the value of socialization; retirement planning shold include qualitative elements. A look at Gen-z Worth Ethic. The Social Security Fairness Act is now the law of the land, signed on Sunday by President Biden. It promises to erase rules that penalized some retirees by eliminating two federal policies that barred employees with a public pension from collecting their full benefits under the federal retirement program and that reduced benefits for those workers' surviving spouses and family members. What about the depletion effect? Taxation of SS benefits is double taxation...and wrong. A look at the United Van Lines' Moving Destination survey; understanding the Wash Sale Rule (which has nothing to do with laundry soap); Do not depend on government clarity to interpret its own rules! A word about end-of-year tax-loss harvesting. SEG-1: Breaking down the narratives that drive the markets SEG-2: Higher Job Satisfaction Among Workers 60+ SEG-3: Social Security Fairness Act - Implications & Payback SEG-4: Understanding the Wash Sale Rule Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=JrToO7K7Fsg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2236s ------- Articles mentioned in this report: "Why Are Bond Yields Rising?" https://realinvestmentadvice.com/resources/blog/why-are-bond-yields-rising/ "Curb Your Enthusiasm” In 2025" https://realinvestmentadvice.com/resources/blog/curb-your-enthusiasm-in-2025/ ------- The latest installment of our new feature, Before the Bell, "DMA Crossovers Are Not a Death Knell," is here:  https://www.youtube.com/watch?v=RCfM5mTOJBc&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Why Are Bond Yields Rising?" https://www.youtube.com/watch?v=hx9jVRa0-gc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #SocialSecurityReform #FairRetirement #SocialSecurityFairnessAct #RetirementPlanning #FinancialSecurity #JanuaryBarometer #DMACrossOver #DownwardPricePressure #Finance2025 #BondYields #FinancialMarkets #InterestRates #EconomicTrends #EconomicOutlook #MarketReversal #InvestmentInsights #StockMarket2025 #EconomicForecast #FinancialStrategies #WealthManagement #MarketTrends #Complacency #MarketRisk #OverBought #OverSold #20DMA #50DMA #MakretRally #Expectations #MarketIndicators #CurbExpectations #StockMarket2025 #Expectations #MarketIndicators #CurbExpectations #InvestingAdvice #Money #Investing

daily304's podcast
daily304 - Episode 01.10.2025

daily304's podcast

Play Episode Listen Later Jan 10, 2025 3:21


Welcome to the daily304 – your window into Wonderful, Almost Heaven, West Virginia.   Today is Friday, Jan. 10, 2025. A national study ranks West Virginia as the state with the highest inbound migration in 2024…a local businesswoman earns a mini-MBA through a crash course offered through a Goldman-Sachs WV cohort…and discover why the Canaan Valley region is referred to as the snow bowl…on today's daily304. #1 – From YAHOO – If you're thinking about moving to West Virginia, you'd be in good company. According to the 48th Annual National Movers Study, West Virginia was the state with the highest percentage of inbound migration (66%) last year among states experiencing more than 250 moves with United Van Lines. The Mountain State jumped nine spots on this year's inbound list, compared to the 2023 National Movers Study. The top motivations for moves to the state included wanting to be closer to family (35%) and a new job/company transfer (31%). Located in the Appalachian region, West Virginia is known for its range of outdoor activities, affordable housing and lower cost of living compared to the national average. Read more: https://www.yahoo.com/news/top-states-where-americans-moved-222125614.html   #2 – From WVDN – Marsha Waybright has earned a mini-MBA through a 12-week crash course offered by the very first West Virginia cohort by Goldman Sachs 10,000 Small Businesses education program.  Waybright manages three businesses in Jenningston, West Virginia: Laurel River Club Bed & Breakfast, West Virginia School of Traditional Skills and Mama Bear Protection.  She is one of 26 business owners who recently completed the program, designed to strengthen her business skills. BridgeValley Community & Technical College ran the program's with modules on themes including marketing, accounting and operations.  Over 111,000 small business owners like Waybright account for 98.8% of the state's businesses and employ nearly half of the state's workforce.  Read more: https://wvdn.com/150933/?es_id=0798aeaeac   #3 – From WV EXPLORER – High in the Allegheny Mountains in eastern West Virginia lies a scenic valley with a Canadian-like climate in which it can snow 10 months out of the year. Though only two hours from the Washington beltway, the Canaan Valley receives more snow than the snowiest reporting station in Maine and a shorter growing season than Fairbanks, Alaska. What circumstances lead to this strange phenomenon? According to scientists, the reasons are as complex as they are simple. Christoph Vogel and Robert Leffler determined in a study of the region that elevation, position, and orientation were all contributing elements that notably support the valley's three ski areas, including two alpine resorts and a Nordic ski center. More specifically, they point out that the cold temperatures, increased precipitation, and the valley's similarity to a “huge bathtub” conspire to create its remarkably wintry conditions, which includes an average snowfall of 134 inches. Read more: https://wvexplorer.com/2025/01/03/strange-phenomena-canaan-valley-wv-west-virginia/   Find these stories and more at wv.gov/daily304. The daily304 curated news and information is brought to you by the West Virginia Department of Commerce: Sharing the wealth, beauty and opportunity in West Virginia with the world. Follow the daily304 on Facebook, Twitter and Instagram @daily304. Or find us online at wv.gov and just click the daily304 logo.  That's all for now. Take care. Be safe. Get outside and enjoy all the opportunity West Virginia has to offer.  

REAL ESTATE TODAY RADIO
Moving Into Your New Home

REAL ESTATE TODAY RADIO

Play Episode Listen Later Feb 23, 2024 34:58


One of the most important parts of a real estate transaction is moving! Gayla Dixon from UniGroup, the parent company of United Van Lines and Mayflower Transit, shares money-saving strategies for moving and how decluttering can help you feel better about getting into your new location. REALTOR® Mary Dykstra from Virginia shares how sellers and buyers should start looking for moving companies and boxing up the excess in a home early to have a stress-free move. In addition, Melissa Dittmann Tracey lets us know if having under-counter drawers instead of lower cabinets in your kitchen is considered hot or not. Dr. Jess P. Shatkin from NYU discusses the impact moving has on children and explains the best ways to talk to your kids about it. Lastly, Lawrence Yun, chief economist at NAR, tells us about the latest “Existing-Home Sales Report.”

Real Estate Today
Moving Into Your New Home

Real Estate Today

Play Episode Listen Later Feb 23, 2024 34:58


One of the most important parts of a real estate transaction is moving! Gayla Dixon from UniGroup, the parent company of United Van Lines and Mayflower Transit, shares money-saving strategies for moving and how decluttering can help you feel better about getting into your new location. REALTOR® Mary Dykstra from Virginia shares how sellers and buyers should start looking for moving companies and boxing up the excess in a home early to have a stress-free move. In addition, Melissa Dittmann Tracey lets us know if having under-counter drawers instead of lower cabinets in your kitchen is considered hot or not. Dr. Jess P. Shatkin from NYU discusses the impact moving has on children and explains the best ways to talk to your kids about it. Lastly, Lawrence Yun, chief economist at NAR, tells us about the latest “Existing-Home Sales Report.”

Lance Roberts' Real Investment Hour
Debunking Davos' Bucketnomics (1/19/24)

Lance Roberts' Real Investment Hour

Play Episode Listen Later Jan 19, 2024 47:10


(1/19/24) Richard and Danny debunk the just-concluded Davos World Economic Forum and the foolishness spewed therefrom, including "bucket-nomics." Davos, Schmavos. Markets have been wishy-washy to date. United Van Lines' recent survey of moving to- and from- trends is an interesting trend to note. The benefits of guaranteed income in retirement; Why Ken Fisher hates annuities: "stocks solve every problem?" The right way/wrong way to use annuities: Doing the annuity math. The pure definition of "annuity: Check for Life. The problem with Pension-linked Emergency Savings Accounts (PLEASA's). SEG-1: Bucket-nomics & Davos Commentary SEG-2: United Van Lines' Moving Survey; The Benefits of Guaranteed Income SEG-3: The Right Way/Wrong Way to Use Annuities SEG-4: The Faulty Logic behind PLESA's Hosted by RIA Advisors' Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show video here: https://www.youtube.com/watch?v=YGPUqRHXXWQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=32s -------- Register for our 2024 Economic Summit: Navigating Markets in a Presidential Cycle: https://www.eventbrite.com/e/ria-advisors-economic-summit-tickets-703288784687?aff=oddtdtcreator -------- The latest installment of our new feature, Before the Bell, "Near-term Downside Risk to Gold Prices Surfaces," is here: https://www.youtube.com/watch?v=58Ffry66aR8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s ------- Our previous show is here: "Is the End of Quantitative Easing Near?" https://www.youtube.com/watch?v=BV1bMWuuaxU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=12s -------- Articles Mentioned in this Show: "Q4 Earnings Season Gets Underway With Low Expectations" https://realinvestmentadvice.com/q4-earnings-season-gets-underway-with-low-expectations/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Davos #WEF #Bucketnomics #Annuities #KenFisher #PLESA #Markets #Money #Investing

The Real Investment Show Podcast
Debunking Davos' Bucketnomics (1/19/24)

The Real Investment Show Podcast

Play Episode Listen Later Jan 19, 2024 47:11


(1/19/24) Richard and Danny debunk the just-concluded Davos World Economic Forum and the foolishness spewed therefrom, including "bucket-nomics." Davos, Schmavos. Markets have been wishy-washy to date. United Van Lines' recent survey of moving to- and from- trends is an interesting trend to note. The benefits of guaranteed income in retirement; Why Ken Fisher hates annuities: "stocks solve every problem?" The right way/wrong way to use annuities: Doing the annuity math. The pure definition of "annuity: Check for Life. The problem with Pension-linked Emergency Savings Accounts (PLEASA's). SEG-1: Bucket-nomics & Davos Commentary SEG-2: United Van Lines' Moving Survey; The Benefits of Guaranteed Income SEG-3: The Right Way/Wrong Way to Use Annuities SEG-4: The Faulty Logic behind PLESA's Hosted by RIA Advisors' Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show video here: https://www.youtube.com/watch?v=YGPUqRHXXWQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=32s -------- Register for our 2024 Economic Summit: Navigating Markets in a Presidential Cycle:  https://www.eventbrite.com/e/ria-advisors-economic-summit-tickets-703288784687?aff=oddtdtcreator -------- The latest installment of our new feature, Before the Bell, "Near-term Downside Risk to Gold Prices Surfaces," is here:  https://www.youtube.com/watch?v=58Ffry66aR8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s ------- Our previous show is here: "Is the End of Quantitative Easing Near?" https://www.youtube.com/watch?v=BV1bMWuuaxU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=12s -------- Articles Mentioned in this Show: "Q4 Earnings Season Gets Underway With Low Expectations" https://realinvestmentadvice.com/q4-earnings-season-gets-underway-with-low-expectations/ ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Davos #WEF #Bucketnomics #Annuities #KenFisher #PLESA #Markets #Money #Investing

The Gray Report Podcast
Top Markets for 2024

The Gray Report Podcast

Play Episode Listen Later Jan 19, 2024 60:43


Markets in the Northeast and the Sun Belt continue to get attention, along with mountain locales like Idaho and Montana, but affordability is a significant draw for Midwestern markets like Cincinnati and Indianapolis. Sources discussed in this episode: U-Haul: “Top Growth States of 2023” - https://www.uhaul.com/Articles/About/U-Haul-Announces-Top-Growth-States-Of-2023-30660/ United Van Lines: "2023 Annual National Movers Study" - https://www.unitedvanlines.com/newsroom/movers-study-2023 Atlas Van Lines: “2023 Migration Patterns Study” - https://www.atlasvanlines.com/resources/migration-patterns Zillow: “Hottest Housing Markets of 2024” - https://zillow.mediaroom.com/2024-01-04-Buffalo-charges-to-the-top-of-Zillows-2024-hottest-markets-list NAR: “County Median Home Prices and Monthly Mortgage Payment” - https://www.nar.realtor/research-and-statistics/housing-statistics/county-median-home-prices-and-monthly-mortgage-payment Berkadia: “2024 National Forecast Report” - https://berkadia.com/wp-content/uploads/2024/01/Berkadia-2024-Forecast-National-multifamily-research.pdf Moody's Analytics: “Takeaways from the CRE Finance Council Conference” - https://cre.moodysanalytics.com/insights/cre-news/january-2024-crefc-miami-takeaways/ For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠ Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠ DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest.

Get Rich Education
484: How to Avoid Living Below Your Means and Leverage Debt

Get Rich Education

Play Episode Listen Later Jan 15, 2024 36:01


Join our live, virtual event for Alabama income properties tomorrow at: https://gremarketplace.com/webinar/ Learn a lesson from a story about when I was a landlord. My neighbor was a fourplex owner-occupant, just like me. We built a fence together. He told me that he can't wait to get his building paid off. Don't pay down your mortgage debt. In most cases, you can invest those dollars elsewhere for a higher return. I discuss two things build wealth: 1) Leverage. 2) Borrowing against your assets, tax-free. You don't have substantial equity in your properties because you paid them down. You have substantial equity because its value has appreciated. Today, you can report tenant rent payments to the credit reporting agencies. Alabama has low property prices and the nation's 2nd-lowest property taxes. GRE Investment Coach, Aundrea Newbern, MBA, joins me.  Join our live event for Alabama income properties Tuesday, January 16th at 8 PM Eastern. The provider is offering 5.99% interest rates and 3% PM fees on your first three properties. Sign up now at: https://gremarketplace.com/webinar/ Timestamps: The introduction (00:00:01) Keith Weinhold introduces the podcast and mentions the topics to be covered, including lessons from being a landlord, a formula for wealth, and a focus on a lucrative property market. Keith's early real estate experience (00:02:46) Keith shares his early experience as a landlord, comparing notes with another landlord and discussing their strategies for living for free in their fourplexes. Debt mindset and wealth building (00:05:30) Keith discusses his divergent mindset from his fellow landlord, emphasizing the importance of leveraging debt for wealth building and portfolio expansion. The power of leverage and portfolio growth (00:10:08) Keith explains how he leveraged equity to expand his real estate portfolio, emphasizing the benefits of using accumulated equity to acquire more properties. Real estate market diversification (00:11:22) Keith advocates for buying properties across different states and markets to access better deals and maximize portfolio growth. Tenant management and credit reporting (00:13:42) Keith shares tips on tenant management, including the option to report rent payments to credit bureaus to incentivize timely payments and manage tenant relations. Financial perspectives and real estate strategies (00:16:12) Keith discusses contrasting financial perspectives with a CFO friend, highlighting the benefits of leveraging debt for real estate investments. Market pulse and expense control (00:20:26) Andrea discusses the market pulse for income properties, focusing on the Southeast region, and addresses the trends in controlling investors' expenses, particularly related to insurance rates. Conclusion and invitation (00:22:02) Keith and Andrea conclude the segment by discussing the migration trends in the Southeast and the importance of controlling expenses for real estate investors. Lower Property Management Costs (00:22:55) Discussion on the stabilization and decrease of property management costs due to technology and institutional investment money. Investment Timing and Market Trends (00:25:01) Encouragement for investors to take advantage of the current market conditions, including interest rates, prices, and inventory. Alabama Market and Incentives (00:28:24) Details about the Alabama market, including low property prices and incentives such as the 333 property management fee and 5.99% interest rate. Live Event and Registration (00:32:33) Information on how to register for the live virtual event to learn about the Alabama market and have questions answered in real time. Final Encouragement and Event Promotion (00:33:27) Encouragement to attend the live event to learn about the Alabama market and connect with an investment coach. Resources mentioned: Show Page: GetRichEducation.com/484 Join our live, virtual event for Alabama income properties at: https://gremarketplace.com/webinar/ For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Speaker 1 (00:00:01) - Welcome to Dr.. I'm your host, Keith Weinhold, with lessons from being a landlord myself including some tough ones. A simple formula for how to get wealthy and stay wealthy without paying any taxes legally. Then we focus on one of the most lucrative property markets in the United States, and it includes an invitation to you today on get Rich education. If you like the get Rich education podcast, you're going to love art. Don't quit your day dream newsletter. No, I here I write every word of the letter myself. It wires your mind for wealth. It helps you make money in your sleep and updates you on vital real estate investing trends. It's free. Sign up at get Rich education.com/letter. It's real content that makes a real difference in your life, spiced with a dash of humor. Rather than living below your means, learn how to grow your means right now. You can also easily get the letter by texting gray to 66866. Text gray to 66866.   Speaker 2 (00:01:12) - You're listening to the show that has created more financial freedom than nearly any show in the world.   Speaker 2 (00:01:19) - This is get rich education.   Speaker 1 (00:01:28) - Welcome to GRE! From Dorchester, Massachusetts, to Westchester, Pennsylvania, and across 188 nations worldwide. I'm Keith Weinhold. Hold in your listening to get Rich education. I trust that you're prosperous and well in a still somewhat new year here, along with my usual gray research of market trends, teams, and properties I've been serving on and writing for the Forbes Real Estate Council. Next week we have a thought provoking show on whether America is actually undergoing a silent depression that's creeping up on us, but I've got an important story to tell you today. It's really rather formative and foundational to the, I suppose, mind spring of abundantly minded real estate ideation. When I bought my first Seminole fourplex building for $295,000 about 20 years ago, you know, there was an identical fourplex right next to it. It was bought about the same time as mine, and it was bought by another guy about my age. His name's Patrick. We each had these blue fourplex next to each other, and I still remember his full name, although I'll just stick with his first name, Patrick here.   Speaker 1 (00:02:46) - He was a data and security engineer. Really sharp guy. And by the way, he only paid 275 K for his nearly identical fourplex next to mine. And since I paid 295, I felt like I overpaid. But he and I, we got to know each other a little bit. We kind of had a similar path. All right, as owner occupants, each living in one of our four units and renting out the other three and doing that right next to each other. We would compare notes as to how it was going with being an on site landlord. And, you know, Patrick and I, we both kind of figured out that we were living for free. And that's because the three $725 rent incomes, there were enough to pay our mortgages and our operating expenses on the buildings, but after that, there was really nothing left over. But we effectively had a free place to live in one of the fourplex units. Now, a few times, Patrick and I collaborated on some projects together to improve things around our contiguous fourplex buildings, and I specifically remember that one day we had bought materials at Home Depot, and then we met outside to build a fence together, and it was just this cheap host and rail style fence that we made with two by fours and painted blue is something that he and I built at the back of our buildings in order to keep vagrants from cutting through our yards.   Speaker 1 (00:04:19) - This was in Anchorage, Alaska, and Anchorage has a lot of these paved bike paths all throughout the city. And vagrants also use those to get around. And we had this bike path right behind our fourplex. Now, as you know, I am not that good at building stuff or fixing broken stuff. Okay, but this fence project that we were doing, it wasn't too complicated. And I had Patrick right there to help. Now, by this time, I had probably owned the fourplex for about two years, and I was really just starting to get this realization for what real estate investing could do for me, because I had only made a small down payment, yet the fourplex had appreciated quite a bit. This was around 2005, and I didn't even know that that effect was called leverage yet. But anyway, Patrick and I, as we're building this fence together or talking about our properties, he said one thing I can distinctly remember, and it's something that a lot of people say, and that is, I can't wait until I have this property paid off.   Speaker 1 (00:05:30) - Now, back at this time, there was no gray, yet I'm still rather fresh and new to real estate investing. This fourplex was the only property that I owned, but already this desire to have the property paid off, that is not a feeling I shared that did not resonate with me. Okay, I responded to him with something like, oh, do you think that's the best use of your money? All right, because I had a mortgage interest rate of five and 3/8 at the time, and his was probably pretty close to that too. Well, I told him that I want to keep the debt on my property because instead I could invest my spare dollars elsewhere and get a better return than five and 3/8. And that fact would be true even if my interest rate were eight or more. Really, his only reply to that is that he just simply doesn't like having debt. That's about the only answer that he had, even though it's usually irrational to. Pay off good debt like that. Now my financial freedom ideas, they were still in their nascent period back then.   Speaker 1 (00:06:34) - I sure wasn't going around and saying that financially free beats debt free or anything like that. That wasn't quite putting it that way yet. I sure didn't say, hey, don't you know that the scarcity mentality is abundant and the abundance mentality is scarce? Or that compound interest is weak in compound leverage is powerful? Or that a rich man digs for gold and a poor man is concerned with the cost of a shovel. But I already knew that if you focus on debt paydown like taking all your extra dollars to accelerate the principal pay down on, just say one fourplex building, you are just borrowing one deep hole in to the property. It's like a deep hole that might even cave in. Instead, wealth is built by expanding your portfolio size. More doors, more income, more leverage, serving more people with housing, and actually more safety because you can be in more markets that way. See, you gotta give your money multiple jobs. So the lesson is, Patrick and I were already on divergent mindset paths because by that time I had read books like Rich dad, Poor Dad, and it got me thinking differently.   Speaker 1 (00:07:54) - You know, it was the whole don't get your money to work for you get other people's money to work for you and that whole thing.   Speaker 3 (00:07:59) - I don't even think about it. I'm built a little differently, I guess, because I have had people come up to me and say, how do you do it, sir? How do you do it? I don't even think about it.   Speaker 1 (00:08:10) - Nuh uh. Geez. I, I do it because if you don't want to run with the herd, then you've got to think and act differently in order to diverge from the herd. Keep leveraging more income property. So Patrick and I built the fence that day, and I don't really know how much he paid down his building's principal balance, which is a lot like sending off your dollars to go die. But I can tell you what I did. Okay. About another year went by after building the fence. So now we're into year three of me owning the fourplex. What I did is I kept the building, but I got a home equity line of credit, second mortgage on the fourplex, and then I use those funds to make a down payment on a single family home so that I could live offsite and get some privacy from my fourplex tenants.   Speaker 1 (00:09:06) - So this is the start of me acting diversely from the herd. It was the opposite of paying down my property, borrowing against it instead. Yeah, I took more debt out on it, which is a tax free event, by the way, and you could go to 90% loan to value back then. Yes, that's back when dollars were being lent out more freely. I mean, that's what wealthy people do. What do wealthy people do when they need money? They just keep borrowing against the value of their assets. And it's a tax free event since the IRS does not tax debt. So if you want to be wealthy, that's what you do. What I also did by doing this was expand my portfolio size, increase my leverage ratio. And since I vacated one of the four fourplex units, now I had four rent incomes rather than three. I mean, that is, some don't live below your means grow. You mean stuff right there. And then two years after that, I kind of did the same thing again.   Speaker 1 (00:10:08) - I borrowed against my properties, and I used the funds as a 10% down payment on a second, more expensive fourplex building. So now I lived in a single family home and I had to fourplex buildings. And then a few years later, when equity accumulated in those two fourplex buildings, I sold them and did a 1031 exchange into two larger apartment buildings. Everything I've done so far is tax free, all expanding the portfolio, all serving more tenants, all reducing my risk despite increasing my debt, because the tenant pays the debt for me. And it was all with almost none of my own money. Instead, it's just using accumulated equity from one property and rolling it into more. Just keep rolling those same funds forward. Okay, so that is all what I'll call one line of leveraged equity. And by then I was beginning other lines because I started to buy property out of state and in multiple states. And it wasn't until 2012 that I discovered that buying across state lines is possible. It's proven. And that's where the real deals are.   Speaker 1 (00:11:22) - I mean, you might want to own some properties in your local market or you might not. But see, the thing is, is that there are 387 MSAs, Metropolitan statistical areas in the US as defined by the Census Bureau. So if you're only buying in your local market, chances are you're not getting the best deals. And another way to think about your portfolio's growth in your real estate equity management is to consider the fact that you don't have substantial equity in your home right now because you paid it down. You have equity in your home because it increased in value. So you can use equity from your home to buy perhaps ten other rental homes, as long as you can control cash flow. So it's about trading away antiquated notions of safety and security in exchange for freedom. But now most of Patrick and I's conversation about being neighboring fourplex landlords for a few years was, I would say, more anthropogenic meaning relating to human activity. Yes, that is dealing with tenants because although the discipline is called property management, it could just as well be called tenant management.   Speaker 1 (00:12:39) - And early on, this is where my naivete got exposed, like with a tenant that was laid on the rent and he said he'd pay it, but then he didn't pay rent and I had to a victim early on. I inherited that tenant from the previous owner, so I did not get to screen him. Now, three weeks ago here on our Christmas episode, when we did How the Rent Stole Christmas. That was fun. I shared a lot of my tenant relations tips with you on how to help ensure that your rent gets paid, but today you can do something that you couldn't do when I got started in real estate, you can report your tenants rent payments to the credit reporting agencies and affect their credit score. So if you are a do it yourself landlord today and you're doing your screening, you know, I would tell prospective tenants that before they even apply for your vacancy and put it in a positive light, make it known that one attribute of renting from you is that with their timely rent payments, it can help their credit score.   Speaker 1 (00:13:42) - So position it positively rather than any sort of threat, and it's going to help you get more timely rent payments if that's been a problem for you. Yes. Institute reporting to the credit bureaus, the credit scoring agencies, Equifax, Experian and TransUnion. That is another handle that you have as a landlord today. Yes. The only guarantee is that there will be some inevitable real estate problems for you. But like problems with anything else in life, your mind and my mind, we tend to inflate the significance of problems, whether it's a tenant that you just can't get to change their AC filters, or an unexpected water leak, or an overgrown tree that you have to pay an arborist to handle, or a persistently late paying tenant. Oftentimes, your fear about the problem is worse than the problem itself. In fact, it was the stoic philosopher Seneca that said, there are more things likely to frighten us than there are to crush us. We suffer more often in imagination than in reality. Gosh, isn't that so? On point? Yeah, we suffer more in imagination than we do in reality.   Speaker 1 (00:15:01) - You can say that about most any problem that you've ever had in your life. Now, some things have changed and some things have stayed the same since I began my real estate journey with that blue Anchorage fourplex. It looks like there are some signs of hope for financial education in the near future here. Formal financial education. When it was recently announced that Pennsylvania, my native state, will become the 25th US state to have a formal, standalone financial education class in high school. Hey, that's a really good start. But one constant seems to be that the dispiriting saying don't live below your means. You know, that still seems to trump the aspirational grow your means. And it's not about whether a person is intelligent or unintelligent in adopting one or the other. It's really more about having the ability to think freely. Now, today, I have a friend that's the chief financial officer, the CFO of a publicly traded corporation. He and I got together a few times last year, and he can talk about earnings reports and EBITDA.   Speaker 1 (00:16:12) - And he knows that language of business. He's a super sharp guy. But he told me that he has his house, his family's primary residence paid off. And I asked him about that, and I told him that I keep the maximum debt on mine. And why now? Your primary residence. It's not like a fourplex where your tenant pays your debt for you, but you've got to pay your own debt on your own home. Yet the mortgage rate on a primary residence is lower than it is on a rental. So the question persists is that really the best place to park your dollar? Is that where it's doing multiple jobs? You've got to consider that it's illiquid and its ROI is zero. Now, I didn't quite put it that starkly with my CFO friend, but in any case, and remember, this is a chief financial officer. He's a guy that's good with money. You know, at least he did give me this. He said from a financial perspective, he knows that it makes zero sense to have a paid off home.   Speaker 1 (00:17:16) - It just makes him feel better. And, you know, I accepted that this is not the way that I view the world. And that's okay. Coming up next in in-house chat with one of our gray investment coaches as we talk about the real estate market overall, controlling your rising expenses as a real estate investor and about real estate in the southeast Alabama, as well as an invitation for you with some pretty generous incentives that I think you're going to be excited about. I'm Keith Reinhold, you're listening to get Rich education. Role under the specific expert with income property you need. Ridge lending Group Nmls 42056. In gray history, from beginners to veterans, they provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge personally. They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com. You know, I'll just tell you, for the most passive part of my real estate investing, personally, I put my own dollars with Freedom Family Investments because their funds pay me a stream of regular cash flow in returns are better than a bank savings account up to 12%.   Speaker 1 (00:18:45) - Their minimums are as low as 25 K. You don't even need to be accredited for some of them. It's all backed by real estate and that kind of love. How the tax benefit of doing this can offset capital gains and your W-2 jobs income. They've always given me exactly their stated return paid on time. So it's steady income, no surprises while I'm sleeping or just doing the things I love. For a little insider tip, I've invested in their power fund to get going on that text family to 66866. Oh, and this isn't a solicitation. If you want to invest where I do, just go ahead and text family to six, six eight, six, six.   Speaker 4 (00:19:34) - This is our rich dad, Poor dad author Robert Kiyosaki. Listen to get rich education with eat whine oh God put your daddy.   Speaker UU (00:19:45) - You you you you you you you you.   Speaker 1 (00:19:53) - Hey. Well, today I'd like to welcome you in our terrific investment coach, Andrea, for an in-house chat here. How's it going, Andrea?   Speaker 5 (00:20:01) - Hey, Keith.   Speaker 5 (00:20:02) - Doing good. Trying to recover from the holidays. How are you?   Speaker 1 (00:20:05) - Yeah, it's still a fairly new year here. The holidays were a few weeks ago with the advent of a new year. Andrea, a lot of people make a resolution to increase the residual income, often by expanding the real estate portfolio. So really just taking the temperature here. How's your feel about the pulse of today's income property market?   Speaker 5 (00:20:26) - It's been interesting the past year, right? We've had a lot of ups and downs. I would say what we've typically seen from the different markets across the US, particularly the southeast, which is what we're going to talk about a little bit more today. We have seen that there's still inventory out there right now. We've seen interest rates slightly go down, not significantly, but we have seen some decreases. And we're seeing pretty steady demand for income properties right now.   Speaker 1 (00:20:49) - Yeah. Mortgage interest rates down more than 1% from their peak in October last year. Yeah. Oftentimes real estate and the pulse of the market comes down to supply and demand.   Speaker 1 (00:21:00) - To your point the demand sure is not going away. We've got a population growth, and we have a lot of pent up demand from the huge millennial cohort. And then over there on the supply side, there is so much new building in the multifamily space, but there's really a dearth of supply and a dearth of new supply coming onto the market for 1 to 4 unit properties.   Speaker 5 (00:21:23) - Yes, there is. And we're seeing a lot of that growth, like I mentioned in the southeast, which are the markets that I personally invest in. And I, you know, have a lot of our listeners go to to purchase as well. So very excited about what we're seeing happen in 2024 and what that means for our investors.   Speaker 1 (00:21:38) - Yeah. Now, back at the beginning of the year, two prominent moving companies, U-Haul and United Van Lines, they released their migration report for the year ended last year. And the southeast quadrant of the nation by far, that had the most net migration growth states in their list easily.   Speaker 5 (00:21:58) - It did. And I think that's going to continue. We're going to talk about that a little bit.   Speaker 1 (00:22:02) - Well, we pull back in. Just think nationally before we go into the southeast. You know, oftentimes investors of course are thinking about controlling their expenses. That's been a big issue that bubbled up last year is probably going to continue to be one this year. So we're talking about investors controlling their expense side from mortgage rates to property insurance rates that have really spiked. So do you notice any trends with controlling investors expense side? Since you and I are active investors ourselves?   Speaker 5 (00:22:34) - A couple of things that I've noticed in the southeast and my personal investments, as well as some of the markets that we have turnkey relationships with. Keith, we are seeing insurance continue to go up just a little bit, but we're not seeing those reckless, you know, doubling that we saw over the last 2 to 3 years. So it's going up not seeing doubling. So I'm hopeful that that continues. And it's not we're not seeing that fast rapid increase.   Speaker 5 (00:22:55) - The other thing that we're seeing a lot of is a lot of our turnkey companies that we work with, we're starting to see kind of property management costs stabilize or go down in certain areas. So we're seeing that expense decrease. The other thing is we're not seeing as rapid of increases and material costs and labor costs right now still going up. Things are not, you know, going down by any means, but we're not seeing those costs go up as much either. So this is allowing the investors to have a little bit more money in their pocket than they did over the last 2 to 3 years during the pandemic.   Speaker 1 (00:23:25) - Yeah, it's not that big of a consideration for an investor on the expense side. But yes, I do see more evidence of lower property management costs. So can you talk to us more about that trend? Is it more of the infiltration of technology into the space that's bringing the cost down for property management?   Speaker 5 (00:23:44) - Such a great question. And I do think that is part of it for sure.   Speaker 5 (00:23:47) - We're seeing a couple of things here. We're seeing some of these smaller kind of mom and pop property management companies. They are stepping out. They can't really afford to keep up with the technology and all the changes that are happening in the property management space, and what's causing that happen is these property management companies that can do a little bit larger scale. They're able to get these nicer systems and this better technology and things for their investors to be able to use as well as their tenants. And we are seeing that bring the cost down of property management a little bit.   Speaker 1 (00:24:16) - You're seeing more infiltration of institutional investment money into the single family rental space and rentals up to $4 per unit. And those companies, those institutional investors have deep pockets, and they have the ability to go ahead and implement a lot of these technology systems. So that's making it so that others, including these smaller mom and pop property management companies, they need to keep up with their technology that's lowering property management costs across these mom and pop property managers are going to be put out of business.   Speaker 1 (00:24:48) - So there are so many pros and cons about institutional investment money coming into the space. And that's just one of the potential pros for everyday investors.   Speaker 5 (00:24:57) - You're exactly right. I have nothing to add to that because you were spot on with that comment.   Speaker 1 (00:25:01) - Anything else, just in general that you see across the real estate market that you really think a real estate investor needs to know today?   Speaker 5 (00:25:08) - One thing that I really think is important for people to keep in the back of their minds is I talked to a lot of our listeners who are very, very interested in dipping their toes in the water, or they've been kind of sitting to the side the last few months, kind of seeing what will happen with the market. Right now is the time for you to invest. If you wait a few months, I suspect in several of these markets you may see interest rates come down, but you're going to see prices go up and you're going to see even more of a lack of inventory. So just kind of keep that in mind as you're thinking about where to invest, how to invest and when to invest.   Speaker 1 (00:25:38) - Here in gray. We've often talked about the fact that higher mortgage interest rates actually correlate with higher prices, not lower ones. And I think some people were sitting on the sidelines saying, is that really going to be the case? Yeah, we saw mortgage interest rates triple and prices still went up. A lot of people think rates are poised to fall this year. It's probably going to put more upward pressure on prices. Andrea, when we talk about one controlling their expense side, I think something that a lot of people overlook, and this is so simple, is buying in a state or buying in a market that simply has low property prices, because that's the best indicator of giving you a high ratio of rent income to purchase price. Low priced states.   Speaker 5 (00:26:23) - That's right. Yeah. And so I mentioned this in the last couple of minutes. But the southeast and the Midwest are those two areas where you really do have those lower cost properties that even if you're an entry level investor, you can get in there pretty easily.   Speaker 1 (00:26:36) - And now we've had a lot of investor interest in Florida with all their in-migration. We still like that market, but prices have really run up there. So we've increasingly had investor interest from our followers and people that you help coach about another southeastern state.   Speaker 5 (00:26:52) - That's right. So that market is Alabama. So we have had a provider that has been offering turnkey, fully renovated properties and sometimes new construction in the Alabama market. And it has been an absolute wonderful market for our listeners that have actually invested in that area.   Speaker 1 (00:27:09) - Alabama, compared to a place like Florida, has substantially lower property prices. We're talking about you as an investor here controlling the expense side. Alabama has the second lowest property taxes in the entire nation, second only to Hawaii. So that's something that's really baked into your recipe here with income property in Alabama.   Speaker 5 (00:27:32) - That's right. I mean, there's been increases in property taxes across the US over the last few years as values come up. But of course, in Alabama you haven't seen those fast rises.   Speaker 5 (00:27:42) - And because the rates are so low, it's going to adjust kind of accordingly with the market. So you're not going to see anything creep up really quickly there as well.   Speaker 1 (00:27:49) - In general. And a lot of jurisdictions you see property taxes increase commensurately with the value of your property. And we've been in Alabama with a really renowned provider there that provides property almost statewide across Alabama, and you're going to co-host with them on a great live event for Alabama Income Properties, because right now they're really offering a good set of incentives and they have available properties. So tell us more about that.   Speaker 5 (00:28:24) - Like you mentioned, they have properties across the state. So you have kind of an option of which geography within Alabama that you would want to invest in. They have different kind of price points as well. And then like you mentioned, they have some very exciting incentives. And I don't think that I have seen an incentive this good as far as property management goes in a really long time. So what they are offering our listeners is called the 333.   Speaker 5 (00:28:50) - And essentially what this is, is if an investor wants to purchase up to three properties, you can purchase one, 2 or 3. You're not committed to a certain number. You're going to get a 3% property management fee for three years on these three properties. Once you go over three, it does revert back to the normal price of 9% for the property management that you can get 3%, which is kind of crazy.   Speaker 1 (00:29:11) - So the incentive offered on this great live event that you're going to co-host tomorrow night is that three, three, three incentive. Let me just review it so that we have it right for a limited time. There's going to be a 3% property management fee for three years on up to three properties.   Speaker 5 (00:29:29) - That's exactly right. Yep.   Speaker 1 (00:29:31) - That is really attractive when it comes to controlling the investors expense side.   Speaker 5 (00:29:36) - It certainly is. That's not the only incentive they have, though. So they're also offering across their entire inventory, 5.99% interest rate on the purchases of any of these properties. And that's really low.   Speaker 1 (00:29:48) - That is really compelling. Yes. So that's substantially lower even than what you can get for an income property rate today. Income property rates are typically, oh, something like three quarters of 1% higher than what you typically see on that 30 year fixed rate mortgage. And that's what we're talking about here. This builder and provider buying down your mortgage rate for you to 5.99% interest. Do you know about the terms on that. Is that 30 year fixed advertising or.   Speaker 5 (00:30:14) - Yes, that is 30 year fixed amortizing. So you're not looking at anything variable. You're looking at kind of your mortgage payment every single month, which is really nice.   Speaker 1 (00:30:22) - Yeah. That's like rolling back the clock to to three years with getting a mortgage rate like that. That's going to help a number of people. Andrea, I'd like to get your thoughts. Do you have very many people that you work with? Here are followers when you're coaching that want to self-manage remotely or do they want that remote property manager?   Speaker 5 (00:30:41) - I don't think in the past year I've spoken with one investor that plan to actually purchase and manage themselves remotely.   Speaker 5 (00:30:47) - Everyone wants to use the property management function, which this particular provider does have property management in house.   Speaker 1 (00:30:55) - So they will want to use that 3% property management fee. Not being a do it yourself or, you know, they're probably taking after me. I don't want the job of property management. That's just a business. I don't really want to have that much to do with. I love to outsource that duty to somebody else. A big reason that a lot of people self-manage their property is because they just don't have that much of a gap between their income and their expenses. So when you buy in an investor advantaged market like Alabama, where you have a high ratio of rent income to purchase price, you can therefore have one of those expenses. Be your property manager, especially when it's only 3% in this case. So those are some really good incentives. The three, three, three and a 5.99% interest rate. Is there anything else you can tell us, especially with on tomorrow night's live event with what markets within Alabama we're going to be talking about?   Speaker 5 (00:31:44) - Yeah.   Speaker 5 (00:31:45) - So we're going to focus on a couple different markets. We're going to look at Huntsville as well as Birmingham. We may also talk about some markets that are in the southeast that they have some properties in outside of Alabama. So just stay tuned. I'm not promising that. But we may talk about that a little bit depending on how things go. The other thing that I think is really important to keep in mind is we're going to have a live buying opportunity. So we're actually going to show you some of the properties that are available right now. You're going to be able to see all the financials on them. And you can reserve them as soon as you want right after we get off. While we're on it, however you want to do it, we can buy it tomorrow.   Speaker 1 (00:32:18) - That is a really actionable event. Tell us more about the event, how one can register and be on there with you so that they can have their questions answered by you and the provider in real time. That's really the benefit of you attending tomorrow.   Speaker 5 (00:32:33) - You can go out to GR webinars. Com you'll be able to register there. It'll be at the very top of the page. Make sure that you know you fill in all of your information. You'll get an automatic email that'll remind you to get on to the webinar tomorrow, and you can jump on. You're going to have the opportunity to ask live questions. So we're going to be there to answer them. And then we'll go through the properties. And if you're ready to reserve, I can hop on a call with you right after we get off of the webinar and kind of talk through what inventory that we have available and help you through that process.   Speaker 1 (00:33:03) - Well, Andrew, before I ask you if you have any last thoughts, just summing it up here. I really encourage you, the listener, to join the live virtual event because you can see real properties like Andrea mentioned in an Investor Advantage market and get any questions answered that you have answered in real time, whether it's about the cash flow or property insurance costs or your property manager.   Speaker 1 (00:33:27) - It's Grace live event for Alabama Income Properties tomorrow, the 16th at 8 p.m. eastern. So go ahead and sign up right away at Grace webinars.com. Any last thoughts? Andrea?   Speaker 5 (00:33:39) - No, I'm just excited to see more faces, see old faces and talk to you all about the market and the properties that are available.   Speaker 1 (00:33:46) - This is really going to help a lot of people. Thank so much for coming back onto the show.   Speaker 5 (00:33:49) - Thank you.   Speaker 1 (00:33:56) - Yeah. Here's an opportunity for you to learn about a market and connect with Andrea. Of course, when we talk about the Alabama real estate market, that entails many market varieties and geographies. In fact, Alabama has 12 of the nation's 387 MSAs. I very much encourage you to attend the live event from the comfort of your home. It's for you if you want to learn about a market and really the fundamentals that drive investor advantage markets, you can meet Andrea and perhaps add some property to your portfolio. It can give you long term equity growth and short term cash flow.   Speaker 1 (00:34:34) - And I have actually been inside walked Alabama properties with this provider. And it is exactly what they do. This isn't some side venture. And they've been in business a long time too. They serve out of area investors and they do the management for you too. This is Grace live event for Alabama income, property and overall in America, entry level homes are few. You're going to have a chance to own scarce assets that seemingly everyone is going to want over time. It's coming up fast. It's tomorrow night, the 16th at 8 p.m. eastern. Sign up now! It is free at Grace webinars.com. Until next week, I'm your host, Keith Weinhold. Don't quit your day dream.   Speaker 6 (00:35:23) - 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.   Speaker 7 (00:35:51) - The preceding program was brought to you by your home for wealth building. Get rich education.com.

Nightside With Dan Rea
MA Outmigration

Nightside With Dan Rea

Play Episode Listen Later Jan 4, 2024 41:38 Transcription Available


United Van Lines has released their 47th Annual National Movers Study that reveals which states Americans are flocking to and from. Massachusetts makes the list for top outbound states in 2023, coming in at number 7. Why do you think more people are leaving MA than entering?

americans massachusetts united van lines
REAL ESTATE TODAY RADIO
Discover insider tips for a successful move

REAL ESTATE TODAY RADIO

Play Episode Listen Later Aug 11, 2023 35:01


Moving to a new home can be overwhelming and with moving scams on the rise this year, you need to be prepared. REALTOR® Cristina Ann Grossu from North Carolina shares why it's important to get moving insurance and know the moving company you use. Gayla Dixon from UniGroup, which owns United Van Lines and Mayflower Transit, gives tips on finding the right moving company, how to get the best price, and how to get ready for your big move. And Andi Batchelor discusses U-Haul's annual growth states report to tell us where people are moving to in the U.S. Also, Melissa Dittmann Tracey lets us know if outdoor rugs or decorating the side of your house is hot or not.

Real Estate Today
Discover insider tips for a successful move

Real Estate Today

Play Episode Listen Later Aug 11, 2023 35:01


Moving to a new home can be overwhelming and with moving scams on the rise this year, you need to be prepared. REALTOR® Cristina Ann Grossu from North Carolina shares why it's important to get moving insurance and know the moving company you use. Gayla Dixon from UniGroup, which owns United Van Lines and Mayflower Transit, gives tips on finding the right moving company, how to get the best price, and how to get ready for your big move. And Andi Batchelor discusses U-Haul's annual growth states report to tell us where people are moving to in the U.S. Also, Melissa Dittmann Tracey lets us know if outdoor rugs or decorating the side of your house is hot or not.

REAL ESTATE TODAY RADIO
What you need to know about moving

REAL ESTATE TODAY RADIO

Play Episode Listen Later Feb 24, 2023 33:21


It's moving day! Laura Roth from United Van Lines and Mayflower goes over all you need to know about moving and what the benefits are for hiring people to pack your stuff and what the benefits of packing your own items are. Laura also lets us know why you better make sure you have your coffee on moving day. Washington, D.C. metro area REALTOR® Dale Mattison shares what he tells home sellers and home buyers about moving and why you should shop around and get referrals for a moving company. And don't forget to map out your moving schedule. NAR Chief Economist Lawrence Yun shares the latest existing-home sales data and what you need to know about the real estate market right now. And Melissa Dittmann Tracy lets us know if turning your TV into art is hot or not.

Real Estate Today
What you need to know about moving

Real Estate Today

Play Episode Listen Later Feb 24, 2023 33:21


It's moving day! Laura Roth from United Van Lines and Mayflower goes over all you need to know about moving and what the benefits are for hiring people to pack your stuff and what the benefits of packing your own items are. Laura also lets us know why you better make sure you have your coffee on moving day. Washington, D.C. metro area REALTOR® Dale Mattison shares what he tells home sellers and home buyers about moving and why you should shop around and get referrals for a moving company. And don't forget to map out your moving schedule. NAR Chief Economist Lawrence Yun shares the latest existing-home sales data and what you need to know about the real estate market right now. And Melissa Dittmann Tracy lets us know if turning your TV into art is hot or not.

Cleveland's CEOs You Should Know
Taylor Marshall: CEO of Andrews Moving & Storage

Cleveland's CEOs You Should Know

Play Episode Listen Later Feb 7, 2023 16:22


WTAM morning host Bill Wills talks with Taylor Marshall. Taylor Marshall is the CEO of Andrews Moving & Storage, a leading United Van Lines agent that provides residential and commercial moving services, as well logistics and transportation management worldwide. Taylor is the third generation of ownership at Andrews and since becoming CEO, his experience and visionary leadership have solidified Andrews' core business and expanded the company's growth through the development of new market segments and services.As a member of industry groups such as Worldwide ERC® and AMSA's ProMover® program, Taylor's expertise and insight make him a sought-after contributor for consumers and peer groups alike. He has contributed to Angie's List® "Ask the Expert", presented to the Great Lakes Relocation Council on controlling quality in the moving industry, and has served as a member of the Supplier Executive Advisory Board for Corporate United, which brings buyers and suppliers together through smarter indirect spend management.In addition to his work life, Taylor is an active leader in the community, serving as an Elder on the Leadership Board for the Broadview Heights Friends Church, and as an Advisory Board Member for the Ben Curtis Family Foundation. He makes his home in Hudson, Ohio with his wife Angel and their four children.Visit Andrews Moving & Storage: https://andrewsmoving.com/Call Andrews Moving & Storage: 800-321-8680

Nightside With Dan Rea
The MA Exodus! Part 1 (8 p.m.)

Nightside With Dan Rea

Play Episode Listen Later Jan 5, 2023 40:15


An annual study done by United Van Lines found that Massachusetts has come in at number 7 for the top states that residents are moving out of. This is the third year in a row MA has made the top 10 list of outbound states. What are the main reasons people are vacating? Dan gave listeners the top reasons for leaving and asked why they do or do not advocate for living in MA.

exodus massachusetts united van lines
Nightside With Dan Rea
The MA Exodus! Part 2 (9 p.m.)

Nightside With Dan Rea

Play Episode Listen Later Jan 5, 2023 39:23


An annual study done by United Van Lines found that Massachusetts has come in at number 7 for the top states that residents are moving out of. This is the third year in a row MA has made the top 10 list of outbound states. What are the main reasons people are vacating? Dan gave listeners the top reasons for leaving and asked why they do or do not advocate for living in MA.

exodus massachusetts united van lines
Wintrust Business Lunch
Wintrust Business Minute: Illinois ranked 2nd among most moved-from states in 2022

Wintrust Business Lunch

Play Episode Listen Later Jan 4, 2023


Steve Grzanich has the business news of the day with the Wintrust Business Minute. United Van Lines says the number of people moving out of Illinois pushed the state to second among most moved-from states in 2022. New Jersey was first. The rating is based on the inbound and outbound moves with the company. Illinois […]

The State of California
CA cities suffer the most as residents leave the state in record numbers

The State of California

Play Episode Listen Later Jul 19, 2022 7:44


California residents are leaving the state in record numbers, and cities are suffering the most. It started with the COVID pandemic, but studies show it's not slowing down.  A report done by the Federal Reserve Bank of Chicago say numbers from the moving company United Van Lines show 60% of their business in California is from people leaving the state altogether.  For more on, KCBS Radio news anchors Patti Reising and Kris Ankarlo spoke with Matthew Kahn, Urban Economics Professor at USC and author of "Going Remote."  

Commitment Matters
Mary & Dr. Ted C. Jones: 2022's Economic Forecast - PART TWO

Commitment Matters

Play Episode Listen Later Mar 29, 2022 25:43


In this episode of Commitment Matters, Mary speaks with Dr. Ted Jones, Chief Economist and Senior Vice President at Stewart Title Guaranty Company. If you'd like to learn more about the company, check out Stewart.com. You can reach Ted by email at tejones@stewart.com, read his blog at blog.stewart.com or follow him on Twitter. During their conversation, Ted or Mary mentioned: The pandemic accelerated moving rates out of California and the New England states and into the Pacific Northwest, Southwest and Southern states.It's been more than two years (700+ days) since the pandemic shut everything down and people started to work from home. Ted says that it takes about 66 days of repeating an action to make it a habit, so now working remotely has become a lifestyle.From July 2020-July 2021, The U.S. population grew 0.01%. The top growing states were Idaho (1.9%), Utah (1.7%), Montana (1.7%), Arizona (1.4%), South Carolina (1.2%), Delaware (1.2%).Texas grew 1.3%, but gained the most in total population (more than 300,000). Florida was second, gaining 200,000 people. Ted points out that Washington, D.C. had the biggest population percentage loss (2.9%). He notes that's probably because of high taxes. California, New York, Illinois and Hawaii are other high tax states that many people have moved from.Check out TurboTax's list of states with highest and lowest tax rates. In 2014, the U.S. produced 8.8 million barrels of oil per day with 525,000 workers. Oil prices were $93 per barrel. In 2020, the U.S. produced 30% more oil (nearly 13 million barrels per day) with 40% fewer workers. Oil prices dropped 60%. Ted says the U.S. currently produces oil with 76% fewer drilling rigs because of how technology has impacted business. Here's the latest Drilling Productivity Report from the U.S. Energy Information Administration. In February 2020-May 2020, the U.S. lost 24 million jobs (14.7% of the workforce). Currently, several states have higher levels of job growth than ever before; Utah, Idaho, Texas and Arizona.Ted says the hospitality industry will take a long time to recover since people are invested in their new homes and are working from home. The hardest hit states are Nevada (4.7% short) and Hawaii (12.4% short). Ted describes the 380 Metropolitan statistical areas, which are smaller cities that have a population of 50,000 or more. These areas are succeeding more in job growth and job recovery from the pandemic. United Van Lines shared its most popular inbound and outbound states by percentage during 2021. In the service industry, Ted points out the differences that the addition of drive-thrus, drive-up windows and curbside pickup can make on a business. He used the example of Chipotle adding drive-thru windows and saw store sales increase by 15%.Ted describes omnichannel marketing as the best way to sell to reach customers of all demographics and markets.Ted talks about an over-valued stock market, using Tesla as an example. Tesla sold 1.2% of the 70 million cars sold worldwide last year, however, the company is worth $1.1 trillion, which is equal to the combined market cap of nine carmakers who sold 57 million cars in 2021. If you'd like to contact the Commitment Matters podcast, email podcasts@ramquest.com. Don't forget to subscribe, rate, and review this podcast on Apple Podcast, Spotify, or wherever you listen to podcasts, or visit RamQuest.com/podcast to download the latest episode. Lastly, we love to see when and how you're listening. Share our posts, or create your own and tag them: #CommitmentMattersPodcast

Commitment Matters
Mary & Dr. Ted C. Jones: 2022's Economic Forecast - PART ONE

Commitment Matters

Play Episode Listen Later Mar 15, 2022 40:10


In this episode of Commitment Matters, Mary speaks with Dr. Ted Jones, Chief Economist and Senior Vice President at Stewart Title Guaranty Company. If you'd like to learn more about the company, check out Stewart.com. You can reach Ted by email at tejones@stewart.com, read his blog or follow him on Twitter. 
 During their conversation, Ted or Mary mentioned: Ted says the biggest economic concern right now is inflation, with the consumer level at around 7.5% and wholesale level at 9.7%. On average, Americans are making only about 5% more than a year ago.Ted believes the American Rescue Plan, passed in 2021, is contributing to higher rates and could have very long-term effects. In the last decade (2010-2019), the U.S. added more than 22 million net new jobs and 10.5 million net new dwelling units, which averages 2.11 new jobs per dwelling unit (Ted says ideally, you want 1.25-1.5 new jobs per unit). The U.S. entered 2020 between only 4.2 and 7.2 million dwellings. Mary and Ted discuss the difficulties of keeping up with supply and demand, as seen in many industries right now: energy, lumber, home improvement, appliances and housing. The Zonda Index is a quarterly report that calculates the affordability of building a new home in any given city. After housing, energy is consumers' highest cost. Between inflation and the Russia-Ukraine conflict, gas prices are at an all-time high, an even bigger influx than seen in 2008. Ted estimates that consumers have $2.7 trillion saved up during the pandemic. Freddie Mac announced 30-year conventional fixed rate mortgages have dropped 3.76%, about a full percentage from this same time last year (note: the rates are updated weekly). The federal debt is at $30 trillion. Ted expresses concerns for rising interest rates, which could set the government back another $1 trillion per year. Stagflation is a term used to describe high inflation combined with high unemployment. Ted relates the term in commercial real estate to owning vacant properties during a stagnant economy. In a survey, 46% of Americans said they would take a pay cut to continue working from home. Additionally, 35% said if they were forced to go back into the office, they would find a new job. For a full report on remote work stats, click here. Last week, two of the top ten metro cities (Austin,TX and Houston,TX) had at least 50% of workers in their office buildings. The other metro areas saw around 30%, which means there's a lot of empty office space. Ted gives the example of how Amazon, Google and even hospitals are repurposing empty shopping malls to help with their growth. The Build Back Better Framework would increase corporate taxes and income taxes on high income individuals to provide funding for various proposed programs. Ted says it may encourage the government to continue to offshore manufacturing.Housing prices are at an all-time high, causing a rise in renters and a decline in homeowners. In a survey conducted by Redfin, 52% of millennials and Gen Z first-time homebuyers said they paid for their home with savings of their paycheck. 24% got it from their stimulus payments. According to a survey from Mizuho Securities, nearly 10% of stimulus checks went toward buying cryptocurrency or stocks. In 70% of U.S. cities, it is cheaper to rent than to own a home, as opposed to three years ago, when it was cheaper to buy.Last year, more total commercial real estate was sold in the U.S. than ever before, worth nearly $790 billion. More than $300 billion of that was spent on apartments.In a survey of more than 200,000 apartment dwellers, 25% said they would move this year. Of those, 49% wanted a more affordable apartment; 29% wanted more amenities; and 28% wanted more space.U-Haul reported Texas as its top inbound destination for movers last year. United Van Lines shows their top ten inbound and outbound states from 2021. Ted mentions a new hybrid mortgage from Fannie Mae and Freddie Mac. It has fixed interest rates for five, seven or ten years and can only go up or down 1% per year maximum.Ted details an investment opportunity that currently yields 7%. The Series I Savings Bond from Treasury Direct is repriced based on inflation every six months. Working in the title industry, Ted warns of cryptocurrency like NFTs, as they are high-risk investments and title companies are in the business of eliminating risk.On average, RON transactions are saving lenders $444 per transaction, and saving title companies $100. If you'd like to contact the Commitment Matters podcast, email podcasts@ramquest.com. Don't forget to subscribe, rate, and review this podcast on Apple Podcast, Spotify, or wherever you listen to podcasts, or visit RamQuest.com/podcast to download the latest episode. Lastly, we love to see when and how you're listening. Share our posts, or create your own and tag them: #CommitmentMattersPodcast

How to Scale Commercial Real Estate
Do You Want to Achieve Financial Freedom? Then Don't Invest in Your 401(k)

How to Scale Commercial Real Estate

Play Episode Listen Later Feb 24, 2022 19:00


“Should I continue adding money to my 401(k)?” If someone tells you to invest in real estate assets instead of your 401(k), then don't dismiss the person outright. Real estate investors like Chris Larsen will suggest evaluating your choices before putting all your eggs in one basket.  Chris is the Founder and Managing Partner of Next Level Income, which helps professionals create passive income to achieve financial freedom. He drops a ton of valuable recommendations for limited partners currently looking for markets and deals and for aspiring investors who want to start investing in real estate.    [00:01 - 02:57] Opening Segment This life-changing moment brought Chris Larsen out of the bicycle racing space How he found a path to real estate investing [02:58 - 12:42] Don't Invest In 401(k) And Here's Why The variable that convinced Chris to stop investing in his 401(k) These are the asset classes you can invest in instead of your 401(k) Chris explains the importance of demographics and other variables in finding deals [12:43 - 17:04] A Few Notes for Passive Investors If you're a limited partner, listen to what Chris says about picking an operator Here's a piece of advice from Chris that salespeople would not want to miss The numbers in a deal are the last things you should look at This is what you should look at first [17:05 - 18:59] Final Two Segment Your way to make  the world a better place Starting a financial literacy program  Reach out to Chris See links below  Final words   Tweetable Quotes “ I think it's really important as you grow and scale that you decide not only what you're good at, but also what you enjoy and you start to find people and find what they are good at and what they enjoy doing and that makes them ultimately the best at what they do.” - Chris Larsen “I think the last thing, not the first thing you should look at…are the numbers in a deal...if you don't have good fundamentals behind the reasons for those numbers, then those numbers are useless.” - Chris Larsen “What you want to do is you want to focus on the things that you can control as an investor and the things that you can control as an investor is choosing the right operating team to work with.” - Chris Larsen -----------------------------------------------------------------------------   Email chris@nextlevelincome.com to connect with Chris or follow him on LinkedIn. Do you want to join the “Next-Level Club” of financially independent individuals? Visit Chris in their website here. Listen to this podcast, The Next-Level Income Show, to hear from more industry leaders! Grab a copy of his book, Next-Level Income, to guide you in your journey to financial freedom. Are you a parent? Here are 5 Ways To Set Your Kids Up For A Lifetime Of Financial Success!   Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.   Facebook LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Chris Larsen  00:00 If you're in sales, it's a lot easier to make money if you have more customers moving to an area, right? So invest in areas with that what I call a rising tide, invest with operators that think the same way and you don't have to know all the answers but know the questions to ask, Hey, you know, why are you investing in this space in the sector? Why are you investing in this region? Why are you investing in the city? Why are you investing in this neighborhood? And a good operator should be able to go through and answer all of those questions because I think the last thing, not the first thing you should look at the last thing you should look at are the numbers in a deal.    Intro  00:36 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we will teach you how to scale your real estate investing business into something big.   Sam Wilson  00:47 Chris Larsen is the Founder and Managing Partner of Next-Level Income through which he helps investors become financially independent through education investment opportunities. Chris has been investing in and managing real estate for over 20 years. Chris, welcome to the show.   Chris Larsen  01:01 Damn. Great to be here not too far away. I'm like almost on the other side of Tennessee we're like just on the other side of the border here and Asheville, North Carolina.   Sam Wilson  01:08 You are but you're not in the Delta. The Delta is flat, actually different. Way different, way different. Yeah, man. It's that's loads of fun. Love your home state and certainly love your hometown Asheville. It's a beautiful place to be. Chris in 90 seconds or less, there's three questions I asked every guest on the show. Can you tell us where did you start? Where are you now? And how did you get there?   Chris Larsen  01:27 Yeah, so I started at age 21. I talk about a lot of this in my book and if you want to get it. nextlevelincome.com, you click on the book link, I will send you a copy if you're listening here today. I wanted to have financial independence, Sam because I was racing bicycles and didn't make a lot of money. Long story short, my best friend, my trading partner, my college roommate passed away a race for another year after that. And when I came out the other side, I realized that you know, there was more to life than racing. But I knew that to live life to the fullest, you still needed financial independence. So I set out on my journey started in the stock market read 250 books over the course of four and a half, five years, ultimately decided on real estate bought my first property you mentioned, I've been doing this for over 20 years, at 21 bought my first property, continued to buy single family rentals before entering a career in the medical device industry because I needed to make some money to buy properties to be an investor. I manage those properties for about 15 years before moving into commercial, our main business now I was able to leave the medical device industry due to our real estate investments. And our main business now focuses on commercial real estate. So we started investing in deals personally. And now we syndicate deals. So we allow other investors to come in alongside us, and we've expanded outside of multifamily to also include self-storage, mobile home parks, and even personally, we run a couple of Airbnbs now as well and when I'm not doing that I spend as much time as I can with my 10-, 12-year-old boys. We're about to go skiing in snowshoe this weekend as a matter of fact.   Sam Wilson  02:58 Oh, that's fantastic. I love that. Chris, one of the things you said was that I've heard about you is why you shouldn't invest in your 401(k). Now you said you read 400, 250 books, whatever, more than enough books and then decided to invest in real estate. What does that even mean? And why do you say don't invest in your 401(k)? I want to hear something controversial right out of the gate.   Chris Larsen  03:18 Yeah, so I was like, What can I say that is gonna get people's attention. It's a little controversial. So I'll never forget, I was sitting there with my accountant five or six years ago, and he looks at me, he goes, Chris, you got to stop contributing to your retirement plan. And I'm looking at him like, “What do you mean?” Because I worked for Medtronic right down the road from you in Memphis, Tennessee, for 10 years, had a company match put a lot of money into my 401(k) did very well. And what he said to me, it made me think a lot differently. Sam, he said, “The problem, Chris, is you're going to be stuck with these required minimum distributions in retirement.” And I thought, okay, that's right. Now, here's something we don't really think about. If you invest $100,000, a 10%, rate of return and you're paying 30% tax today, and you get tax-deferred returns, okay? And then you don't have to pay tax in the future or you invest that same $100,000, 10% return, don't pay tax today, but pay 30% tax in the future. In what scenario do you have more money, a dancer's thought the same, or then so the variable Sam is taxes. And implicitly if we decide to invest tax-deferred in a retirement account, we're implicitly deciding that we're going to pay a lower tax rate in the future. Right now, how many people think the taxes are going down? If you're watching, raise your hand, if you're listening, raise your hand if you think taxes are going down. If you know I took my hand down, I think taxes are going up in the future. And if you're listening to the show, if you're an investor, if you're a real estate, entrepreneur, or operator, you're probably going to continue to make a lot of money. You got to be careful about that. So that's why I switched from investing in my retirement accounts and I started putting money into cash value life insurance, which is a lot more secure from creditors and has given me a lot more control. So, again, I'm not saying no one should ever do that. But you need to evaluate your choices, especially if you're an entrepreneur and you shift away from having a company match, you know, there are a lot of other options out there.    Sam Wilson  05:11 Right? Yeah, that's really intriguing. And we've certainly talked about that several times on this show is the opportunity and value of using cash or whole life insurance policy and how to properly structure that. So that's really intriguing. I love that thought there. Let's talk a little bit about how you started to scale your own commercial business, because you, you did single family, you did a bunch of that for 15 years, then you finally you know, we're able to step away from your day job. He said, “I want to get involved in commercial. How did you even pick your first asset?”   Chris Larsen  05:38 Yeah. So about almost 10 years ago, now, I was in a meeting, met a gentleman I was kind of lamenting the performance of my single family portfolio. And he said you should check out multifamily, Chris. I'm like, Well, it's kind of just a different flavor. He's like, no, no, no, he's like, there's some differences. Talk to my friend, who's an operator, he syndicates these deals, I talked to him, I look into the demographics. And as part of the reason I wrote my book, it's chapter seven talks about kind of the rising tide and demographics that support multifamily real estate. And I'm like, “Wow, this guy's speaking my language” because I got into medical device because of the demographics. So I started as an investor, I invested in the space for about three years. And then my original partner and I, we decided we actually had more real estate experience than the group we were investing with. So we came on board with them as partners, we bought our first deal using them kind of as our mentors to buy that deal. That was in 2016. So we're talking about six years ago, that we started out on that journey. And we acquired about one deal a year for the first few years. And then you know, over time, it's like a snowball, you know, it starts off and the momentum, it's slow to pick up. And we started sharing it just with friends and family. And then you start to have people referred to you. And then I started a podcast a few years ago and people started reaching out to learn more about what we did. And then really what happened was it blew up. And Sam, when I left the corporate world, people were really curious how I was able to do that, because I was making really healthy six-figure income, I ran a couple of different successful territories over the course of my career. So got people's attention. And then, you know, building the team around us to support, you know, the property acquisitions, and that is really the confluence that are all coming together.   Sam Wilson  07:18 Yeah, I love that. I mean, but now you guys are in self-storage. You're in mobile home parks. And I think we share this in common even investing in something a little more non-traditional in Bitcoin. How are you scaling those different asset classes? Yeah, you mean call Bitcoin an asset class? I don't know.   Chris Larsen  07:34 Sure. Let's focus on the real estate. That's kind of where business revolves around. But yeah, so the multifamily, the self-storage, and mobile home parks, they're all commercial real estate, but they're all slightly different. Right? And if you're a business owner, you're an investor. You know, Sam, you, I know you understand this as well. But we have different operational teams for each one of those asset classes. Starting off that first deal. Yeah, my partner, we did a little bit of everything. We both, you know, that with brokers, we talked to investors, we, you know, toured the properties, we looked at the, you know, packages, we were going to, you know, put in quotes and all that stuff. But as we've grown, you know, from 100 units to a couple 100 units to 1,000, a couple 1,000, few 1,000 units. Now we have teams that operate the multifamily side teams that operate the self-storage, we're talking about both acquisitions and operations, as well as the mobile home side. So I think it's really important as you grow and scale that you decide not only what you're good at, but also what you enjoy and you start to find people and find what they are good at and what they enjoy doing and that makes them ultimately the best at what they do.   Sam Wilson  08:41 Yeah, it's interesting, because you guys really kicked it off more on the active side. And then it sounds like you said, “Hey, look, as opposed to scaling out these different asset classes and building a team around it, let's just partner with teams that are already there.” How are you guys doing that? Are you coming in as a fund to funds you did? You'd start your own fund that people can invest in your fund. What's that look   Chris Larsen  08:59 like? Yeah, actually, we are GPs on the deals we just have, like within our team, we brought in a team for self-storage acquisition, as well as self-storage management, the multifamily side, which was our primary business, we built and scaled that up the mobile home parks, again, a different team that we work with there. You know, one part of the team focuses on the acquisitions, one focuses on the management side of things. Yeah, so we're not doing a fund to funds. I've been working as a general partner on each of these asset classes, which is probably why there's, you know, we scaled slowly, but you know, it's gotten to a few different asset classes now.   Sam Wilson  09:33 I love that let's talk a little bit about some of the demographic shifts in the moving trends that you guys are seeing, I mean, because these asset classes take you to a variety of places really around the country, I would imagine, for various reasons, depending on the asset class. So tell me some research you've done on that front and what have you found?   Chris Larsen  09:50 Yeah, so again, like I mentioned, chapter seven of my book, I talk about, you know, the importance of demographics, the importance of job growth, population growth, income growth in an area, so if you want to dive into kind of the methodology behind that, you can read through that. But I just did a podcast this morning a solo cast, and I referenced the United Van Lines annual moving survey of 2021. So this came out in early January, and it talks about where people are moving. So this is really simple, whether you're starting off in your career and trying to find a nice geographical area to move, whether you're looking for a personal investment for yourself, that you're actually going to own and operate, or whether you're looking to be an investor. I think this is really interesting. It's very simple. The United Van Lines tracks this, they take all this information, and they say how many people are moving to states? And what percentage are moving in and out of those states? Now, we're going to kind of paint this with a broad brush because you can check out that podcast and that blog on my website and dive deeper. But the bottom line is people are moving away from the northeast, they're moving away from California. And what are those places have in common? Illinois, for instance, as well, kind of the Midwest, they have high taxes, they have, you know, some of these places don't have great weather like California, you know, they have great weather, but they also have kind of this lower quality of life because of certain things like California had a lot of restrictions over the past couple years that really decrease the quality of life, can't go to the beach outside in California during COVID. Right? So who cares if you live at the beach, if you can't go to the beach, right? So a lot of people said, “Wait a minute, what's going on here?” People that are retiring, they're moving away from those areas as well, because they don't want to pay high taxes in their retirement, they have more flexibility. The number one reason people are moving as jobs. Number two is family. And number three is lifestyle. So where are they moving? They're moving to the southeast in huge numbers. We're talking about the Carolinas, Florida, Texas, Tennessee, which I'm sure you know, you pick a great state to be in, if you're an investor, they're also moving to places like Oregon, Utah. And again, you can probably discern, if people are moving out of California, they're probably more likely to move closer in one of those states. You know, if they're moving out of the Northeast, they're probably more likely to move to a place like the southeast. So you have this joke about people moving from New York to Florida or from Florida back to North Carolina to actually call them halfbacks. There's like a name for people. So many people do it. Yeah. So then, you know, see, look at those states. You look at the reasons why and then you can actually drill down even further to look at the cities within those states of where people are moving. And you know, no surprise, a lot of these cities are in the news like Raleigh, where you know, Apple is taking jobs. Greenville, South Carolina where a lot of car companies are moving Charleston, South Carolina, Charlotte, North Carolina, Fort Myers, Florida, Naples, Florida, Orlando, Florida, Miami, Florida. And then there's same thing in states like Texas, I could go on and on. But that is kind of the high-level overview of how you determine the best places in this country to invest going forward.   Sam Wilson  12:43 Yeah, maybe this is too much for this podcast. But even with that data, like okay, so we looked at United Van Lines, record or report and I know I think U-Haul puts out a similar report, but it's like you look at these reports. “Hey, oh, that's cool. Everybody's moving to Tennessee or North Carolina.” What do I do with that as an investor?   Chris Larsen  13:00 That's right. Yeah. So again, this is kind of your top-line information, right? So you say, “Okay, let's figure out kind of a region,” then you say, okay, where within that region do I want to invest? So let's say you decided on, let's say you decided on North Carolina, just because I live here? And then you say, Okay, you look in North Carolina, you say what state you can go to the state level and say, where is that going to be? Then you look at Raleigh. So then you start to say, okay, where around Raleigh, what I want to invest. So if you're actually buying property yourself, I talked about, you know, I've written articles about this, too, you can go to the city level, and you can look at the city's 5, 10, 20-year plans, and you can determine the next hot area of the city to invest in, alright, because the city is going to tell you where they're going to put their money for infrastructure. Now, if you're a limited partner, and you're looking for operators, which that you can invest with, you want the operators to think the same way you want to say, okay, you know, Sam, why do you own and operate in this area? They should have good analytical reasons why they do that. If they're like, “Well, I've always lived here.” Maybe they're lucky they got they live in an area that's been doing really well. But you know, people are like, “Oh, Chris, do you invest in North County because you live there?” No, actually, I moved to North Carolina because I wanted to invest here. So I've talked about that a lot in my articles in my book, and I wanted to live somewhere where people were moving, because hey, if you're in sales, it's a lot easier to make money if you have more customers moving to an area, right? So invest in areas with that what I call a rising tide, invest with operators that think the same way and you don't have to know all the answers but know the questions to ask, Hey, you know, why are you investing in this space in the sector? Why are you investing in this region? Why are you investing in the city? Why are you investing in this neighborhood? And a good operator should be able to go through and answer all of those questions because I think the last thing, not the first thing you should look at the last thing you should look at are the numbers in a deal because I can tweak my spreadsheet all I want and make those numbers look really pretty but if you don't have good fundamentals behind the reasons for those numbers, then those numbers are useless.   Sam Wilson  15:03 Yeah, that's a fantastic point. I'm glad you brought it up because I'm gonna be my next question for you is why are numbers the last thing you should look at. So if you are a limited partner or you are a passive investor, what should you look at first?   Chris Larsen  15:15 Yeah, the first thing after you've decided you said, hey, I want to invest in real estate, I want to invest in multifamily. Okay, the first thing you should do is find a good operator. Because really what you can't like an operator can't control population growth, he can't control job growth, they can't control cap rates, they can't control any of those variables, the only thing that an operator can control is their strategy, as well as the price that they pay for an asset that's going in. So they have a good repeatable strategy that with a great track record that they can reference, okay, great. If something like a hurricane comes through, or you know, cap rates expand or compress, I was invested in a property in Houston, the oil market went down the economy tanked in Houston during that period, that wasn't the operator's fault, right. But you know, there were things that the operator could have done differently to have that asset improve. It wasn't their fault, the hurricane hit, right. But you know, so there's variables outside of your control. So what you want to do is you want to focus on the things that you can control as an investor and the things that you can control as an investor is choosing the right operating team to work with.   Sam Wilson  16:23 Right, yeah, 100%, the operators first, the market, of course, like you've already talked about, I think would be second. And then the deal, third. Once you have solidified the deal, you can't change it. But the first two variables you can fit long before you put your money in the deal. So as an investor, those are the two things. I'm glad you took time to kind of break down the why on that, that you really should be spending your time focusing on I love that, Chris, thanks for taking the time to jump on today. This has been a blast, learned about your business, what you guys are doing it and really how you've scaled so quickly into a variety of asset classes. That's an absolute blast. Thanks for that. Let's jump here. We'll jump into the final two questions. If you don't mind. The last two questions are this one: What is one thing you're doing right now to make the world a better place?   Chris Larsen  17:05 Yeah. So we started last year, a financial literacy program for a group called Open Doors of Asheville, which is a local nonprofit here. And I think, you know, financial literacy is something that we could all do a better job of when it comes to society. If you're a parent, you're listening today, I got a great little resource. It's five steps on how to teach your children to be successful with money. And that's in nextlevelincome.com/kids. I walked through the five things that we're doing with our own children. And you can start doing that at a very young age, just a few years old, all the way up to becoming teenagers, and ultimately helping them decide what to do for college.   Sam Wilson  17:43 And then last question, which is great. I love that the open doors of Asheville and financial literacy because that is, yeah, it's so sad that we have kids graduating high school that can't balance a checkbook and yet they were forced to take calculus and it's like, this is the very basics. This is the basics. So good job doing that. I love that. Last question for you this Chris is if our listeners want to get in touch with you or learn more about you what is the best way to do that?    Chris Larsen  18:04 Yeah, real easy: NextLevelIncome.com. You can check out all of our resources, ton of free stuff there or book or podcast or blog, the kids the five steps to help kids become successful with money, as well as kind of their videos and you know, people that are professionals like yourself, Sam, sharing their habits, their traits, their strategies, and everything that they've learned, and most importantly, the mistakes that you don't have to make so you can shortcut your path to financial success.    Sam Wilson  18:31 Chris, thank you so much. Have a great day.   Chris Larsen  18:33 It's been a blast. Thanks, Sam.   Sam Wilson  18:34 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners, as well as rank higher on those directories. So I appreciate you listening. Thanks so much and hope to catch you on the next episode.  

The Real Word
US Migration Patterns REVEALED | Real Word 206

The Real Word

Play Episode Listen Later Jan 25, 2022 23:57


Which State saw the most people leave in 2021? Byron and Nicole break down all the migration data from united van lines. Article 2 is all about the rising price of homes and whether or not buyers will be priced out in the coming months. Rounding out the episode Byron and Nicole discuss a wild new design trend, Closet Wallpaper Racket 1: United Van Lines https://www.unitedvanlines.com/newsroom/movers-study-2021 Racket 2: Many homebuyers will be priced out of the market in 2022 https://www.inman.com/2022/01/19/many-homebuyers-will-be-priced-out-of-the-market-in-2022-fannie-mae/ Racket 3: A Secret Interior Design Trick: Wallpapering a Closet https://www.wsj.com/articles/interior-design-trick-wallpapering-closet-11642542780 Connect with Byron: Website: https://byronlazine.com/ Instagram: https://instagram.com/byronlazine?utm_medium=copy_link Twitter: https://twitter.com/ByronLazine TikTok: https://www.tiktok.com/@byronlazine The Real Word: https://www.youtube.com/therealword 5AM Call Sign-up: https://www.5amcall.com/ Newsletter here: https://byronlazine.com/subscribe/ Connect with Nicole White: Facebook: https://www.facebook.com/nicolewhiterealtor1/ Instagram: https://instagram.com/nicolewhit

Nightside With Dan Rea
Is Massachusetts The Best State To Live In? (11 p.m.)

Nightside With Dan Rea

Play Episode Listen Later Jan 14, 2022 39:39


For the first half hour, Dan continues the topic on the SCOTUS blocking the Biden Admin's Covid mandate for large private companies. Then the second half of the hour he dives into his second topic:According to data acquired by WalletHub, Massachusetts is ranked the best state to raise a family in 2022. Despite the ranking, Massachusetts was found to be the top 7th outbound state, according to United Van Lines 2021 Annual National Movers Study. If Massachusetts is such a great state to live in and raise a family, why are so many residents leaving? What's your vote for the best state to live in?

The Patriot Cause
The Great Decoupling - Chasing Freedom

The Patriot Cause

Play Episode Listen Later Jan 11, 2022 23:28


Americans are moving out of the Big Blue corrupted tyranny run states into greener pastures of the great decoupling. United Van Lines released the company's 45th Annual National Movers Study today, which indicates Americans were on the move to lower-density areas and to be closer to their families throughout last year. The annual study, which tracks the company's exclusive data for customers' state-to-state migration patterns, determined Vermont as the state with the highest percentage of inbound migration (74%) with United Van Lines.  https://www.unitedvanlines.com/newsroom/movers-study-2020

Multifamily Marketwatch
HFO Multifamily Marketwatch - January 10, 2022

Multifamily Marketwatch

Play Episode Listen Later Jan 10, 2022 6:47


This week: an update on the distribution of rental assistance in Oregon, a multifamily market update for Puget sound, and the 2021 United Van Lines moving survey results.

WGAN Forum Podcast
12. Where and Why Did Americans Move in 2021: Top 10 Moved To/From USA States

WGAN Forum Podcast

Play Episode Listen Later Jan 3, 2022 6:36


Where and Why Did Americans Move in 2021? United Van Lines 45th Annual National Movers Study Reveals the Top States People Moved To and From The Pandemic Continued to Influence Americans' Decisions to Move as They Relocated to Lower-Density Areas and Desired to be Closer to Family Where and Why Did Americans Move in 2021: Top 10 Moved To/From USA States ST. LOUIS, Jan. 3, 2022 /PRNewswire/ -- United Van Lines released the company's 45th Annual National Movers Study today, which indicates Americans were on the move to lower-density areas and to be closer to their families throughout last year. The annual study, which tracks the company's exclusive data for customers' state-to-state migration patterns, determined Vermont as the state with the highest percentage of inbound migration (74%) with United Van Lines. Topping the list of outbound locations was New Jersey (71%), which has held the spot for the past four years. South Dakota (69%), South Carolina (63%), West Virginia (63%) and Florida (62%) were also revealed as the top inbound states for 2021. Meanwhile, states like Illinois (67%), New York (63%), Connecticut (60%) and California (59%), which have regularly appeared on the top outbound list in recent years, again ranked among states with the largest exoduses. In addition to the state-by-state data, each year United Van Lines also conducts an accompanying survey to examine the motivations and influences for Americans' interstate moves. This year's survey results indicated 31.8% of Americans who moved did so in order to be closer to family – a new trend coming out of the pandemic as priorities and lifestyle choices shift. Additionally, 32.5% of Americans moved for a new job or job transfer, a significant decrease from 2015, when more than 60% of Americans cited a job or transfer. "This new data from United Van Lines is indicative of COVID-19's impact on domestic migration patterns, with 2021 bringing an acceleration of moves to smaller, midsized towns and cities," Michael A. Stoll, economist and professor in the Department of Public Policy at the University of California, Los Angeles, said. "We're seeing this not only occur because of Americans' desire to leave high density areas due to risk of infection, but also due to the transformation of how we're able to work, with more flexibility to work remote." What's more, amid the pandemic, many Gen Xers are retiring (often at a younger age than past generations), joining the Baby Boomer generation. While many are retiring to states like Florida, United Van Lines' data reveals they're not necessarily heading to heavily populated cities like Orlando and Miami — they're venturing to less dense places like Punta Gorda (81% inbound), Sarasota (79% inbound) and Fort Myers-Cape Coral (77% inbound). Similarly, in Oregon, cities including Medford-Ashland (83%) and Eugene-Springfield (79%) saw high inbound migration in 2021. "For 45 years now, our annual United Van Lines study, with its data-driven insights, has allowed us to explore a deeper understanding of Americans' overall migration patterns," Eily Cummings, director of corporate communications at United Van Lines, said. "As the pandemic continues to impact our day-to-day, we're seeing that lifestyle changes — including the increased ability to work from home — and wanting to be closer to family are key factors in why Americans are moving today." Moving In The top inbound states of 2021 were: 1. Vermont 2. South Dakota 3. South Carolina 4. West Virginia 5. Florida 6. Alabama 7. Tennessee 8. Oregon 9. Idaho 10 Rhode Island Of the top ten inbound states, six — Vermont, South Dakota, West Virginia, Alabama, Oregon and Idaho — are among the 20 least densely populated states in America, with less than 100 people per square mile. And, Tennessee and South Carolina are among the top 25. Moving Out The top outbound states for 2021 were: 1. New Jersey 2. Illinois 3. New York 4. Connecticut 5. California 6. Michigan 7. Massachusetts 8. Louisiana 9. Ohio 10. Nebraska Nine of the top 10 outbound states are considered densely populated, further illustrating America's shift to less crowded states. Balanced Several states saw nearly the same number of residents moving inbound as outbound. Kentucky and Wyoming are among these "balanced states." Since 1977, United Van Lines annually tracks migration patterns on a state-by-state basis. The 2021 study is based on household moves handled by United within the 48 contiguous states and Washington, D.C. and ranks states based off the inbound and outbound percentages of total moves in each state. United classifies states as "high inbound" if 55 percent or more of the moves are going into a state, "high outbound" if 55 percent or more moves were coming out of a state or "balanced" if the difference between inbound and outbound is negligible. To view the entire 2021 study, an interactive map and archived press releases and photos from United, please visit United Van Lines. Source: United Van Lines Media Release via PR Newswire

Small-Minded Podcast
Episode 28: Having Big Dreams in a Small Town

Small-Minded Podcast

Play Episode Listen Later Mar 9, 2021 33:57


Guys, the podcast is half of a year old. We've recorded over 25 episodes…like, how did this happen so quickly?   With that in mind and a recent email I received, I thought it was a good time to revisit our purpose here at the Small-Minded Podcast and Molly Knuth Media, and what we believe about life in small towns.   Our Manifesto You hear this message at the beginning of every episode:   At Small-Minded, we are flipping the script on what it means to be small-minded because we believe that being small is a good thing. Small steps lead to big impact. Small towns have a big heart. And small businesses play a big role in our modern way of life. Here at small-minded, we share stories and strategies to help small towns and small businesses flourish. Here's to a life well-lived being small-minded.   It's easy to say, but it's harder to live and embody. But that's why we repeat it. That's why we focus on it. That's why we have guests who can speak to this same mentality.   Being small-minded (in our sense of the phrase) is a good thing, because it reminds us why we choose to do life in these small communities. For many of us it's where the farm is. Where we grew up, or where we want to raise our kids. For others it's a way to have a direct impact on the community or to have lots of volunteer and outreach opportunities. For others it's safety and a slower pace of life.   While we know that (and though I don't believe media is the enemy), I do believe that small and rural are often portrayed in modern culture as “backwards” or primitive. Our towns are shown as places people land or get stuck. Full of stories of missed opportunities, rather than stories of folks who thoughtfully chose this place and this way of life.   But for all these portrayals, small towns are these stereotypes. People DO thoughtfully choose these rural, less-populated areas, and the data shows that.   In a recent study conducted by the moving company United Van Lines, states with the highest number of inbound residents are those that were largely rural: Idaho, South Dakota, Wyoming, and Arkansas, among others.    On the contrary, states with the highest number of outbound residents include New Jersey, New York, Illinois, Connecticut, and California, signaling a movement toward a more rural, less populated way of life for thousands of Americans.   So what does all this mean for you, reader, and for those of us here at the Small-Minded Podcast.    We need to live in a small-minded way that puts our small towns first. Thinking big for how to improve rural areas and provide that neighborly piece of Americana we crave. We want to admit our shortcomings and find ways to be welcoming and inclusive and modern, while also honoring the reasons that people love to live small.   That's what we do here.   Bonus: Recent Listener Email In a recent email, a listener asked me my thoughts on starting something new in her small town. After over a decade of working in her current business, she feels called to change direction and try something different. The possibility excites her, but in a small town she also has the very real fear of people talking about her decision and questions whether she'll have support.    So in today's episode of the podcast, I talk through making big choices and changes in a small town with the hope that my experiences can give you some guidance and encouragement.   Takeaways In short: do the damn thing. If it's on your heart and you can't quit thinking about it, there's a reason. You can dive right in, or you can make slow, steady progress. But even slow progress IS PROGRESS, right? You've got this, and if you've got big dreams while thinking small, you will be a blessing to your community for sure. Follow for More Follow Small-Minded on Instagram and Facebook Follow Molly Knuth Media on Instagram and Facebook For more about our Instagram workshops this month at MKM visit mollyknuthmedia.com/shop.

CT Real Estate Radio
CT Migration: IN or OUT? | 1 - 23 - 21

CT Real Estate Radio

Play Episode Listen Later Jan 25, 2021 47:11


Byron and Pat share where Connecticut falls on United Van Lines’ 2020 Migration Study. Plus, local real estate stats and gift card giveaways! United Van Lines’ 2020 Migration Study.: https://www.unitedvanlines.com/newsroom/movers-study-2020 Giveaways provided by Martin McKinney at Service Station Equipment: bit.ly/ServiceStationEquipment Connect with Byron Lazine: Website: https://www.byronlazine.com/ Facebook: https://www.facebook.com/ByronLazine/ Instagram: https://www.instagram.com/byronlazine/ Connect with Pat Kenny: Facebook: https://www.facebook.com/theotherpatkenny Instagram: https://www.instagram.com/notpatkenny/?hl=en

connecticut migration united van lines
The Real Word
Episode 157: United Van Lines' Migration Study, 72 Sold + 2021 Events

The Real Word

Play Episode Listen Later Jan 19, 2021 25:39


→ The Real Word will no longer be on the One + Company channel! ← Subscribe to The Real Word Channel today: https://www.youtube.com/channel/UCTTMiZF0wRlmME_ap5EqfnQ This week on The Real Word, Byron and Nicole discuss United Van Lines' Migration Study, Greg Hague's new venture, and 2021's real estate events. Racket 1: United Van Lines released their 2020 National Migration Study. Were you surprised at the results? https://www.unitedvanlines.com/newsroom/movers-study-2020 Racket 2: Greg Hague, who was formerly working to ‘Stop Zillow' started a new venture with 72 Sold. What are your thoughts on this new platform? https://72sold.com/ Marketeer: Inman released a comprehensive list of virtual and in-person real estate events taking place in 2021. Which ones are you attending? https://www.inman.com/2021/01/18/a-comprehensive-list-of-2021-real-estate-events-virtual-and-in-person/ Subscribe to The Real Word Channel: https://www.youtube.com/channel/UCTTMiZF0wRlmME_ap5EqfnQ Connect with Byron Lazine + Nicole White on Instagram: https://www.instagram.com/byronlazine/ https://www.instagram.com/nicolewhiterealtor/

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Tipping Point New Mexico
265 Perspectives on Trump Legacy and Riots at U.S. Capitol and more

Tipping Point New Mexico

Play Episode Listen Later Jan 12, 2021 48:32


The events of this past week were unprecedented in American history. On this week's podcast, Paul and Wally share their perspectives on the riot at the US Capitol and Trump’s legacy more broadly. Then, Wally and Paul address the political repercussions of this event which will be extremely problematic for conservatives nationwide, let alone here in New Mexico. One of the earliest developments involves a clampdown on conservatives on social media.    Before last week went completely off the rails Paul and Wally made some predictions regarding the results of the Georgia Senate Races. They discuss the results of those predictions.   RGF had an op-ed in the ABQ Journal over the weekend. Despite all the doom and gloom predictions about the Trump presidency (not to mention a growing population and economy) US CO2 emissions haven't been this low since the early 1980s. United Van Lines' annual report detailing which states people moved to and from during 2020 is out. What does it mean for New Mexico? 

Business Leaders Podcast
Culture That Moves With Stuart Smith Of Buehler Companies And Co-host Jaime Zawmon, President Of TITAN CEO

Business Leaders Podcast

Play Episode Listen Later Jan 5, 2021 25:18


  Cashflow may be the number one most important thing in any business, but company culture comes in a close second. It is what https://www.linkedin.com/in/stuart-smith-4439294/ (Stuart Smith) strives to build everyday as the CEO of https://buehlercompanies.com/ (Buehler Companies), a top-rated moving company that does everything from commercial moving to Girl Scout cookie distribution. Leading with humility and a strong commitment to company culture, Stuart definitely deserves a place at the Titan 100. Listen in as he shares his take on company culture and humility-driven leadership in this conversation with Bob Roark and co-host, Jaime Zawmon, the President of TITAN CEO. --- Watch the episode here:[embed]https://youtu.be/SzrZgiPL9f8[/embed] Culture That Moves With Stuart Smith Of Buehler Companies And Co-host Jaime Zawmon, President Of TITAN CEOWe have Jaime Zawmon, the Founder and President of https://www.titanceo.com/ (Titan CEO). Our guest is Stuart Smith, the CEO of https://buehlercompanies.com/ (Buehler Companies). Welcome, Jaime and Stuart. Thank you. We're going to jump straight into it. Stuart, if you would tell us about your business and who you serve. The name of my company is Buehler Moving and Storage and we're an agent for http://www.mayflower.com/ (Mayflower Van Lines). We also have https://www.alliancerelocation.com/ (Alliance Relocation), which is an agent for http://www.unitedvanlines.com/ (United Van Lines). A couple of years ago, we bought https://www.thestudentmovers.com/ (Student Movers) and that's our local moving company. We bought that because people had the perception that we were the big trucks. They skipped over for small little moves, and in essence, we do all those, but we bought Student Movers to give people the perception that that's what they wanted was something for a smaller move. That’s been a great acquisition. We do local household goods, interstate, international, and we do have about 500,000 square feet of storage space between all four locations. We do a tremendous amount of office moving, and commercial business has turned into about 60% of our revenue now. We do hotel renovations and we also have gotten into battery work, where we go to different cell sites from El Paso all the way to South Dakota and we replaced cell site batteries from A to Z. We climb to the top of the mountains and we go to the desert. It's crazy some of the places we've been to change cell site batteries. We do Girl Scout cookies. We're the largest distributor of the United States for Girl Scout cookies. That's a cool little thing. In fact, they're coming into our warehouse and we'll end up getting about 72 truckloads of cookies by 270,000 cases. It's a lot of cookies and we deliver those out. We do design work. Designers will ship all kinds of furniture in and we'll deliver them out to homes and resort places. We'll set up everything from A to Z with the houses. We do work for a big home builder that we go around and set up all their model homes. We've tried to be diverse. Probably my favorite thing we do is the office moving because it’s a great piece of business and you can do a lot of different things quickly. I love the Girl Scout cookies. That’s exciting. It's fun. I'm excited to have you here, Stuart, as a 2020 Titan 100. It's no surprise that you have made this list. For those of you that are reading, Stuart was recognized as one of Colorado's Top 100 CEOs & C-Level Executives, the book that features 100 titans of industry. As we kick off this podcast, one of the things I always like to ask every Titan that we interview in this series is, what characteristics do they believe it takes to be considered a Titan of the industry? There are a lot of different characteristics that it takes to be a titan and one of them is you have to have culture in your company. The number one most important thing in running a business is cashflow but number two is culture. If you don't have a great

Todd Feinburg
Todd Feinburg: Trump Tape, Tax plan, United Van Lines

Todd Feinburg

Play Episode Listen Later Jan 4, 2021 37:10


Todd gets reaction to the Trump tape, and uses coverage of it to show how bizarrely disinterested the media is in reporting news. Plus - Champions of the Common Good spread "Hate the Rich" taxation plan, even as United Van Lines reports that despite news coverage about thousands of New Yorkers moving into Connecticut, it still has the 4th highest departure rate in the country in 2021. See omnystudio.com/listener for privacy information.

Tipping Point New Mexico
162 New Mexico's Stagnant Population Numbers and More

Tipping Point New Mexico

Play Episode Listen Later Jan 14, 2020 49:12


On this week's podcast, Paul and Wally discuss some new population data which the Census Bureau put out outlining state population shifts over the past decade. Unlike its neighbors which mostly saw double-digit growth, New Mexico's population barely budged during the last decade. Also, the annual United Van Lines moving study includes some rare GOOD news for New Mexico in terms of population growth as it made the moving company's list of Top 10 inbound states during 2019.   Tri-State Generation and Transmission Association will shut down its 253 megawatt coal-fired generating station near Grants by the end of 2020 in an effort to comply with the Energy Transition  Act. This is going to impact the Grants area, but also the customers of New Mexico's rural co-ops. Paul and Wally discuss.   Finally, a new report from the federal Housing and Urban Development department addresses the uptick in homelessness in Albuquerque which saw the highest uptick in the nation.

Renegade Talk Radio
E.G GOES IN ON THE FIRST GAY, FIRST LADY/ALSO HIGH TAXES IN AMERICA & BORDER PATROL ROBOTS!!!!!!

Renegade Talk Radio

Play Episode Listen Later Jun 20, 2019 33:28


New Jersey saw the largest outbound moves out of any state, according to the data, with nearly 67 percent of movers leaving. Nearly 35 percent of movers left for retirement-related reasons. When it comes to the break down by income levels, those with incomes between $50,000 and $74,999; $100,000 and $149,999; and $150,000 or more, made up the highest proportion of move-outs. New Jersey ranked ninth on WalletHub’s list of state-by-state tax burdens, where the total tax burden is an estimated 9.86 percent of income. Connecticut Of the moves conducted within Connecticut last year, 62 percent were outbound, ranking it third on the United Van Lines study (behind Illinois, which is also considering implementing a number of new taxes). About 30 percent of move-outs were decided upon for retirement reasons, while more than 20 percent were attributed to lifestyle decisions. Those with incomes of $100,000 or higher made up the largest share of exoduses. In terms of total state tax burden, Connecticut ranked right behind New Jersey on WalletHub’s list, with the average individual paying 9.7 percent of income toward state and local taxes. Customs and Border Protection uses technology to scan faces, probe vehicles and keep a watchful eye on the border from the skies above. The agency—with help from Homeland Security’s Science and Technology Directorate—also is looking to send robots into underground tunnels and other places where its sensors can’t communicate. The Science and Technology Directorate released a request for information Monday to get a sense of the market for robotic communications technology. Specifically, the agency is looking for off-the-shelf tech that can capture and transmit data—including photos and video—and map hard to reach places. Rose met Evangeline Simpson in the winter of 1889-1890, less than a year after her brother left office for the first time. (Cleveland is the only two-term president not to have served his terms consecutively.) They probably met in Florida, where both spent the season making the rounds among the nation’s wealthier families. Rose was 43 and never married. Evangeline was probably 33 and had inherited a fortune from a late husband nearly five decades her senior. The love letters begin in April 1890, once the two returned to their respective homes. (Evangeline lived in Massachusetts.)

ESOL News Oregon
Oregon is a popular place to move

ESOL News Oregon

Play Episode Listen Later Jan 10, 2019 1:30


(JANUARY 2, 2019) Many people like Oregon. Sometimes they visit. Sometimes they move here to live. United Van Lines is a moving company. It helps people to move to new homes. It looked at its work in 2018. It learned interesting things. More people (55%) moved west. They went to places with mountains. This was Idaho, Nevada, and Arizona. The most popular state was Vermont. Oregon was the second most popular place to move. Many people came to Oregon. Few people left Oregon. New Jersey, Illinois, Connecticut, New York, and Kansas had the highest number of people leaving. https://sites.google.com/pcc.edu/esolnewsoregon/2019-01/2019-01-02-moving-to-oregon Read by Eric Dodson. CC BY-NC-SA. From ESOL News Oregon by Timothy Krause, licensed under CC BY-NC-SA 4.0. except where noted. https://sites.google.com/pcc.edu/esolnewsoregon Music by Chris Zabriskie - Cylinder Six - http://freemusicarchive.org/music/Chris_Zabriskie/ - Creative Commons BY

WOC AM Quad Cities
KWQC's Morgan Ottier Joins AMQC - January 3

WOC AM Quad Cities

Play Episode Listen Later Jan 3, 2019 6:36


Part of the NFL Draft in April will be held in Rock Island. Also, a United Van Lines survey shows more people moved away from Illinois and Iowa than those who moved in. Get details as Morgan Ottier from Quad Cities Today at KWQC joined AM Quad Cities.

Ned Specktor
Let’s Be Kind to Truck Drivers

Ned Specktor

Play Episode Listen Later Feb 9, 2018 1:36


Fam just a reminder, roads can get gnarly out there, especially in the winter. ❄️ Please be patient with your fellow drivers, especially the awesome peeps driving trucks. They are working hard so let’s be kind. Shouts to Jeff at United Van Lines. So appreciate you and your team and all the hard work!!

fam shouts truck drivers united van lines
California Real Estate Podcast with Karla Ferrando
How U-Haul Stats Reflect Real Estate Trends

California Real Estate Podcast with Karla Ferrando

Play Episode Listen Later Sep 14, 2016


Looking to sell your Home? Get a FREE home value reportLooking to buy a Home? Search all homes for saleWhere are people moving? Which cities are they leaving? What locations are popular these days?A great way to get answers to these questions is to look to U-Haul. Their pricing model gives us the statistics on where people are going. For instance, it’s more expensive to rent a truck in cities that have a low inventory of trucks. In cities with more trucks, they are less expensive to rent.In Los Angeles, it costs 63% more to rent a U-Haul truck because there aren’t many trucks available. The reason for that low inventory? People aren’t dropping off trucks in that area—they’re leaving and then dropping them off at their destination.Cities with a higher inventory tend to have more people moving there. For example, in the Northwest, it is less expensive to rent trucks in cities like Seattle and Portland because people are moving there and dropping off trucks. We see the same trend happening in the Southwest in cities like Phoenix, Austin, and Dallas.“Cities with a higher inventory of trucks have more people moving there. ”As far as the Temecula Valley area goes, the stats aren’t quite as dismal. We have approximately a 1.6% migration rate, which means we don’t have as many people moving out of our area as other areas, such as Los Angeles. I think the more populated areas across the U.S. are losing residents due to diminishing employment opportunities. According to Newsweek, many business firms have left California for places like Mexico, Nevada, Texas, and Arizona.Last year, United Van Lines ranked California in its high outbound category, which means 55% or more of all the firm California shipments were outbound rather than inbound. What does this mean for our housing market?  So far, the Temecula valley has maintained its values, although sales have slowed a bit due to the election year.If you have any questions about our current market or about real estate in general, give me a call or send me an email. I look forward to hearing from you!