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Keith discusses the mortgage landscape, emphasizing the benefits of cash-out refinances with Ridge Lending Group President, Caeli Ridge. They unpack the Trump administration's plan to privatize Fannie Mae and Freddie Mac, which could impact the mortgage market. Investors are discovering powerful strategies to leverage property equity and optimize their financial portfolios. By understanding innovative borrowing techniques, savvy real estate investors can access tax-efficient capital and create sustainable wealth-building opportunities. Consider working with a lender that specializes in investor-focused loan products and provides comprehensive education on the options available.  Resources: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Show Notes: GetRichEducation.com/554 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, we're talking about the mortgage loan landscape in this era. Is title insurance a rip off today? Is it worth it for you to pay discount points at the closing table to get a lower interest rate? Learn about how a cash out refinance. Is your ability to borrow tax free, much like a billionaire does, and what are the dramatic changes that the current administration could take to alter the mortgage environment for years, all today on get rich education.    Speaker 1  0:34   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, who delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:20   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:36   Welcome to GRE from Liverpool, England to Livermore, California and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education, the voice of real estate. Since 2014 it's been estimated that there are about 800 billionaires in USA, and hey, you might be one of them, but there's a pretty good chance that you aren't well. When it comes to lending and mortgages, you can actually take a page out of a billionaires playbook and do something very much like what they do whenever you perform a cash out refinance if you've got dead equity in a property, and you can borrow against your own home to a greater extent than you can against your rental properties, even either one of those is a tax free event, you've now got tax free cash, and you can use that money on anything from investing it in the stock market To using your proceeds for a down payment on more real estate or buying a boat or going to Disneyland, and you didn't have to relinquish your asset at all. You continue to hold on to the asset. Now, the mechanics are somewhat different, sure, but when you do a cash out refinance like this, it's a bit like billionaires borrowing against their stock. Instead, you're borrowing against the value of your real estate. In fact, listening to this short clip, it's Trevor Noah talking about how billionaires do exactly this, and you'll notice that the crowd laughs because it actually sounds funny that you can really do this,    Speaker 2  3:22   the shares that they hold in a company, because it is an unrealized gain, right? So they go like, yeah, you're worth 300 billion, but we can't tax you on those stocks because you haven't sold the shares, so you don't, like, have the money. And I understand the argument. They go like, No, you don't have it. It's just what it's worth, because it will also crash, and then you have nothing, so we can't tax you on it. Then I'm like, Okay, I understand that. Then Elon Musk offers to buy Twitter, all right? He offers to buy it. And then he says in his offer, he goes, I'm putting up my Tesla stock as collateral. Then I'm like, so you do have it? Then he's like, no, no, no, no, I don't have it. I don't have it. I'm just gonna say so then they accept the offer. He now buys Twitter. Now that they've accepted his offer, he now goes to private equity and banks and like other rich people and whatever. He goes like, can you guys borrow me the money to buy Twitter? And then he's like, I'm I want to buy Twitter because I don't want to sell any of my Tesla shares, so I want to use your money to buy Twitter. And then it's like, but then they're like, What are we loaning it against? And he's like, Well, my Tesla shares. Then I'm going, like, Wait, so, so you, you can, you can buy a thing based on what you have, yes, but when we want to tax you, you can say, I don't have it. Do you hear what I'm saying here?   Keith Weinhold  4:46   Yeah, you can borrow against your real estate if you have substantial equity in it. We'll talk about just how much now billionaires borrow against their stock holdings using financial products like portfolio lines of credit or. For securities based loans. These are the names for how they do it, essentially taking out loans and using their stock as collateral. And this allows them to access cash without selling their assets and without incurring capital gains taxes, much like you can so you can say that you don't want to sell your property in you don't have to go through some capital raising round either, like a billionaire might have to when they're borrowing against their stock. You can just have a more standard mortgage application for your cash out refinance, and you don't even have to have a huge portfolio. I mean, even if you just own one 500k property with 50% equity in it, you can do this so it's available to most any credit worthy person, again, tax free. But of course, this doesn't mean that you always should take this windfall, because it often creates a higher monthly payment. You've got to be the one that makes that decision in controlling your cash flows, that is key. I'll talk about that some more with today's terrific guests. Also the Trump administration's desire to privatize Fannie Mae and Freddie Mac we're going to talk about that and what that would do to the mortgage landscape. I am in the USA today, next week, I'll be bringing you the show from London, England for the first time, the following week, from Edinburgh, Scotland. Yes, the mobile GRE Studio will be in effect. I typically set it up myself, and I usually don't need the help of the hotel staff for an appropriate Sound Studio either. And then shortly after that, I will be in Anchorage, Alaska, where I'm competing in these fantastic mountain running races. And then by next month, that's where I hope to meet up with you in person for nine days of learning and fun, as I'll be in Miami as part of the faculty for the terrific real estate guys invest or summon at sea, where we're all going to disembark from Miami and go to St Thomas, St Martin and the Bahamas, and then after that great event, it is a long flight from Miami back to Anchorage again. And that's got to be one of the longer domestic flights, not just in the nation, but in the world, Miami to Anchorage, and then shortly after that, I will be in the Great Northeast early this summer, New York and Pennsylvania, including for my high school reunion. So I'll really be putting the miles on these next couple months. One interesting thing that I've noticed for next week's show, where I'll be joining you from London, is how much I'm paying per night at both my hotel in England and then later my hotel in Scotland. That's obviously a short term real estate transaction. These are some of the more expensive places in the world, really. So next week and then the week after, I just think you'll find it interesting. I'll tell you how much I'm spending per night in both London and then Edinburgh. And they're both prime locations, where the hotels are the center of London and then right on Edinburgh's Royal Mile. That is in future weeks as for today, let's talk about the mortgage landscape with this week's familiar and terrific guest.   I'd like to welcome in one of the more recurrent guests in our history, so she needs little introduction. She's the longtime president of the mortgage company that's created more financial freedom for real estate investors than any lender in the nation because they specialize in income property loans. It's where I get my own loans for my own rental properties. Ridge lending group. Hey, welcome back to GRE Caeli ridge.    Caeli Ridge  8:57   Thank you, Keith. You know I love being here with you and your listeners. I appreciate you having me.   Keith Weinhold  9:01   You've helped us for so long. For example, who can forget way back in episode 56 Yeah, that's a deep scroll back when Chaley broke down each line of a good faith estimate for us, that's basically a closing statement sheet. She told us exactly what we pay for at the closing table, line by line like origination fee, recording costs and title insurance so helpful. It's just the sort of transparency that you get over there. Buyers pay for title insurance at the closing table. It is title insurance a rip off. A few years ago, a lot of people speculated that title insurance would fade away because the property's ownership could be transparent and accessible to everybody on the blockchain, but we don't really see that happening. So tell us about title insurance, and really, are we getting value in what we pay for there at the closing table?   Caeli Ridge  9:54   Well, I think the first thing I would say is that it really isn't going to be an option as far as I. Know, as long as the individual is going to source institutional funding leverage use of other people's money, they're going to require the lender, aka Ridge lending, or whoever you're working with, they're going to require that title insurance that ensures their first lien position. Doing that title search, first and foremost, is going to make it clear that there isn't some cloud on title, that there isn't some mechanic lien that had been sitting out there for however many years it may have just been around. And those types of things never go away. So for a lending perspective, it's going to be real important that that title insurance is paid for and in place to protect their interests, things like judgments, tax liens, like I said, a mechanic's lien, those will automatically take a first lien position in front of a mortgage. So obviously we're not going to risk that and find ourselves in second lien position in the event of default and somebody else is getting paid before we are. So not really an option. Is it a rip off? I don't know enough about how often it's paid out, and not to speak to that, but I will tell you that it isn't a choice.   Keith Weinhold  11:07   Title Insurance, like Shaylee was talking about. It protects against fraud related to the property's ownership, someone else claiming rights to the property, and this title search that an insurer does it also, yeah, it looks for those liens and encumbrances, including unpaid taxes, maybe unpaid HOA dues, but yeah, mortgage lenders typically require title insurance, and if you the borrower, you might think that's annoying. Well, it does make sense, because the bank needs to protect their collateral. If a bank ever has to foreclose, they need to have access to you, the borrower, to be able to do that without any liens or ownership claims from somebody else. Caeli, how often do title insurance companies mess up or have to pay out a claim? Does that ever happen?   Caeli Ridge  11:50   I mean, if I have been involved in a circumstances where that was the case, it's been so many years ago, they're pretty fastidious. I don't know that I could recall a circumstance where something had happened and the title insurance was liable. They go through the paces, man, they've got to make sure that, and they're doing deep dives and searches across nationwide to make sure that there isn't any unnecessary issue that's been placed on title Not that I'm aware of. No.    Keith Weinhold  11:50   Are there any of those other items that we tend to see on a good faith estimate that have had any interesting trends or changes to them in the past few years?    Caeli Ridge  12:27   Yeah, I've got a good one, and this is actually timely credit reports. So over the last couple of years, something has been happening with credit reports where, you know, maybe three, four years ago, a credit report, let's say a joint credit report, a husband and wife went and applied that credit report might cost 25 bucks. Well, now it's in excess of 100 plus. Some of what we're going to be talking about today, it kind of gets into the wish list of Jim neighbors, who is the president of the mortgage brokers Association. He's been talking to the administration about some of his wishes, and credit report fees is actually one of the things that they're wanting to attack and bringing those costs down for the consumer. So when we look at a standard Closing Disclosure today, credit report costs have increased significantly. I don't have the percentages, but by a large margin over the last couple of years,    Keith Weinhold  13:21   typically not one of your bigger costs, but a little noteworthy. There one thing that people might opt and choose to have on their good faith estimates, so that borrower therefore would actually pay more out of pocket with today's higher mortgage rates. And I'm sure not to say high, because historically, they are not high. Do we see more people opting to pay discount points at the closing table to get a lower rate and talk to us about the trade offs there   Caeli Ridge  13:46   right now, first and foremost, that there isn't a lot of option for investment property transactions, whether it be a purchase or refinance. There's not going to be that option where the consumer gets to choose to say, Okay, I want to pay points for a lower rate or not pay points for a higher rate the not paying points is the key here. There isn't going to be a zero point option for investment property transactions. And this gets a little bit convoluted, and then I'll circle back and answer the question of, when does it make sense to pay the points, more points versus less points? We have been in a higher rate environment that I think a lot of people have become accustomed to as a result secondary markets, where mortgage backed securities are bought and sold, they keep very close tabs on the trends and where they think things are headed. Well, something called YSP, that stands for yield, spread, premium, under normal market circumstances, a consumer can say, okay, Caeli, I don't want to pay any points. Okay, I'll take this higher interest rate, and I don't want to pay any points, because that higher interest rate is going to have YSP, yield, spread, premium to pay compensation to a lender, and you know, the other third parties that may be involved in that mortgage backed security. But. Sold and traded, etc, okay? They have that choice under normal market circumstances. Not the case right now, because when this loan sells the servicing rights, whoever is going to pick up the servicing rights, so when Mr. Jones goes to make his mortgage payment, he's going to cut a check to Mr. Cooper. That's a big one, right? Or Rocket Mortgage, or Wells Fargo, whoever the servicer is, the servicing rights are purchased at a cost. They have to pay for the servicing rights, and let's say that's 1% of this bundle of mortgage backed securities that they're purchasing. Well, they know the math is, is that that servicer is going to take about 36 months before that upfront cost is now in the black or profitable. This all will land together. Everybody, I promise you stick with me, so knowing that we've got about a 36 month window before a servicer that picked up the rights to service this mortgage is going to be profitable in a higher rate environment, as interest rates start coming down, what happens to the mortgage that they paid for the rights to service 12 months ago, 18 months ago, that thing is probably going to refinance right prior to the 36 month anniversary of profitability. So that YSP seesaw there is not going to be available for especially a non owner occupied transaction. So said another way, zero point rates are not going to be valid on a non owner occupied transaction in a higher rate environment when secondary markets understand that the loans that are secured today will very likely be refinanced prior to profitability on the servicing side of that mortgage backed security that is a risk to the lender, yes. So we know that right now you're not going to find a zero point option. Now that may be kind of a blanket statement. If you were getting a 30% loan to value owner occupied mortgage with 800 credit scores, you know that's going to be a different animal. And of course, you're going to have the option to not pay points. The risk for that is nothing. Okay, y SP is going to be available for you, the consumer, to be able to choose points at a lower rate, no points higher rate. When does it make sense to pay additional points? Let's say to reduce an interest rate, the break even math. And you know, I'm always talking about the math, the break even math is actually the formula is very simple. All you need to do is figure out the cost of the points. Dollar amount of the points, let's say it's $1,000 and that's what it's going to cost you to, say, get an eighth or a quarter or whatever the denomination is, in the interest rate reduction. But you aren't worried about the interest rate necessarily. You're looking at the monthly payment difference. So it's going to cost you $1,000 in extra points, but it's only going to save you $30 a month in payment when you divide those two numbers, what's that going to take you 33 months? 30 well, okay, and does that make sense? Am I going to refinance in 33 months? If the answer is no, then sure pay the extra 1000 bucks. But that's the math, the cost versus the monthly payment difference divide that that gives you the number of months it takes to recapture cost versus cash flow or savings, and then you be the determining factor on when that makes sense.    Keith Weinhold  18:10   It's pretty simple math. Of course, you can also factor in some inflation over time, and if you would invest that $1,000 in a different vehicle, what pace would that grow at as well? So we've been talking about the pros and cons of buying down your mortgage rate with discount points before we get into the administration changes. Cheley talk about that math in is it worth it to refinance or not? It's a difficult decision for some people to refinance today with higher mortgage rates than we had just a few years ago, and at the same time, we've got a lot of dead equity that's locked up.   Caeli Ridge  18:40   I would start first by saying, Are we looking to harvest equity? Are we pulling cash out, or are we simply doing a rate and term refinance where we're replacing one loan with another loan, if it's for rate and term, if we're simply replacing the loan that we have today with a new loan, that math is going to be pretty simple. Why would you replace 6% interest rate with a 7% interest rate? If all other things were equal, you wouldn't unless there was a balloon feature, or maybe an adjustable rate mortgage or something of that nature involved there that you have to make the refinance. So taking that aside, focusing on a cash out refinance, and when does it make sense? So there's a little extra layered math here. The cash that you're harvesting, the equity that you're harvesting, first of all, borrowed funds are non taxable. What are we going to do with that pile of cash? Are we going to redeploy it for investing more often than not talking to investors? The answer is yes. What is that return going to look like? So you've got to factor that in as well, and then we'll get to the tax benefit in a moment. But generally speaking, I like to as long as the cash flow is still there, okay, you've got to have someone else covering that payment. Normally, there's exceptions to every rule. I don't normally advise going negative on a cash out refi. There are exceptions. Okay, please hear me. But otherwise, as long as the existing rents are covering and that thing is still being paid for by somebody else, then what you want to do is look at that monthly payment. Difference again, versus what you're getting out of it. And then you divide those two numbers pretty simply, and it'll take you how long. And then you've got a layer in the cash flow that you're going to get from the new acquisitions, and whether that be real estate or some other type of investment, whatever the return is, you're going to be using that to offset. And then finally, I would say, make sure that you're doing adding in the tax benefit. These are rental properties guys, right? So closing costs can be deducted now that may end up hurting debt to income ratio down the road. So don't forget, Ridge lending is going to be looking at your draft tax returns. Very, very important to ensure that we're setting you up for success and optimizing things like debt to income ratio on an annual basis.   Keith Weinhold  20:40   Now, some investors, or even primary residence owners might look at their first and only mortgage on a property, see that it's 4% and really not want to touch that. What is the environment and the appetite like today for having a refinance in the form of a second mortgage? That way you can keep your first mortgage in place and, say, 4% get a second mortgage at 7% or more. How does that look for both owner occupied and non owner occupied properties today?   Caeli Ridge  21:07   you're going to be looking at prime, plus, in many cases, if you don't want to mess with a first lien, a second lien mortgage is typically going to be tied to an index called prime. Those of you that are familiar with this have probably heard of that. Indicee. There's lots of them. The fed fund rate, by the way, is an index. There's lots of them. The Treasury is also another index. Prime is sitting, I think, at seven and a half percent. So you're probably going to be looking at rate wise, depending on occupancy and credit score and all of those llpas that we always talk about, loan level, price adjustment. You know, it could be prime plus zero, it could be prime plus four. So interest rates could range between, say, seven and a half, on average, up to 11 even 12% depending on those other variables. More often than not, those are going to be interest only. So make sure that you're doing that simple math there. And I would prefer if I'm giving advice the second liens, the he loan, which is closed ended, very much like your first mortgage, it's just in second lien position. It's amortized over a certain period of time, closed ended. Not as big a fan of that. If you can find the second liens, especially for non owner occupied, I would encourage it to be that open ended HELOC type.    Keith Weinhold  22:15   What are we looking at for combined loan to value ratios with second mortgages    Caeli Ridge  22:19   on an owner occupied I think you'd be happy to get 90. I think I've heard that in some cases, they can go up to 95% in my opinion, that would go as high as they'll let you go right on a non owner occupied, I think you'd be real lucky to find 80, and probably closer to 70.    Keith Weinhold  22:34   That really helps a lot with our planning. Well, the administration that came in this year has made some changes that can create some upheaval, some things to pay attention to in the mortgage market. We're going to talk about that when we come back. You're listening to get rich education. Our guest is Ridge lending Group President, Caeli Ridge I'm your host, Keith Weinhold.    The same place where I get my own mortgage loans is where you can get yours. Ridge lending group  NMLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Chaeli Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866   Hal Elrod  24:38   this is Hal Elrod, author of The Miracle Morning and listen to get rich education with Keith Weinhold, and don't put your Daydream.   Keith Weinhold  24:55   Welcome back to get rich education. We're talking about mortgages again, because this is one. Where leverage comes from. I'm your host. Keith Weinhold, we're sitting down with the president of ridge lending group, Caeli Ridge, and I know that she has some knowledge and some updates on new administration leadership and some potential changes for the market there. What can you tell us? Caeli   Caeli Ridge  25:16   I'm pretty excited about this one, and I'm watching very diligently to see how it unfolds. So the new director of the FHFA Federal Housing Finance Agency, all is Bill Pulte. This is the grandson of Pulte Homes. Okay, smart guy. I'm excited to see what he's going to come in and do. Well. He had recently, I think in the last couple of weeks, he put out in the news wires asking for feedback from the powers that be, related to Fannie and Freddie, what improvements they would like to see. So first up was Jim neighbors. He is the president of the mortgage brokers Association. He had a few very specific wish list items, if you will. And the first one on his list was the elimination of LLP, as for non owner occupied and second home. So let me just kind of paint a picture here, because there's some backstory I think is important. So an LLPA, for those of you that have never heard that term before, stands for a loan level price adjustment. And a loan level price adjustment is a positive number or a negative number that associates with the individual loan characteristics. So things like loan to value or loan size, occupancy is a big ll PA, the difference between an owner occupied where you live and one that you're going to use as a rental property, that's a big one. Credit score, property type, is it a single family? Is it a two to four? Is this a purchase? Is it a refi? Anyway, all of those different characteristics are ll pas. Well, if we take a step back in time, gosh, about three years ago now, Mark Calabria, at the time, was the director of the FHFA, and he had imposed increases, specific increases. This was middle of 22 I want to say specific increases to the LL pas for non owner occupied property. So if anybody kind of remembers that time, we started to really see points and interest rates take that jump sometime in 2022 more than just the traditional interest rate market and the fluctuations. This was very material to investment property and second home, but we'll focus on the investment property. So Mr. Jim neighbors came in and said, first and foremost, I'd like to see those removed, and I want to read something to the listeners here, because I thought it was very interesting. This is something I've been kind of preaching from the the rooftops, if you will, for many, many years. Yeah, we've got neighbors sticking up for investors here. He really is. And I Yeah, well, yes, he is. And more often than not, they're focused on the owner occupied so I'm just going to kind of read. I've got my cheat sheet here. I want to make sure I get it all right for everybody. So removal of the loan level price adjustments on investment properties and second homes, he noted that these risk based fees charged by Fannie and Freddie discourage responsible buyers from purchasing second homes and investment properties, with that insignificant increase to cost. And here's the important part, originally introduced to account for additional credit risk, many of the pandemic era llpa increases were not based on updated risk metric. In fact, data has shown that loans secured by investment properties often have strong credit profiles and lower than expected default rates. I mean, anybody that has been around long enough to see what we've come from, like, 08,09, and when we had the calamity of right, the barrier for entry for us to get any conventional financing as investors has been harsh. I mean, I make that stupid joke of vials of blend DNA samples. But aside from it being an icebreaker, it kind of feels true. We really get the short end of the stick. And I feel like as investors especially, post 08,09, our credit profiles, our qualifications, the bar is so high for us, the default risk there has largely been removed. We've got so much skin in the game. With 20 25% down, credit score is much higher, debt to income ratios more scrutinized, etc, etc. So I think that this is, if it passes muster. I think this is going to be a real big win for the non owner occupied side of agency, Fannie, Mae, Freddie, Mac lending.   Keith Weinhold  29:13    The conventional wisdom is, is that if you the borrower, get into financial trouble, you're more likely to walk away from your rental properties than you are your own home and neighbors, sort of like a good neighbor here sticking up for us and stating that, hey, us, the investors, we're actually highly credit worthy people.   Caeli Ridge  29:29   Yeah, absolutely. So fingers crossed. Everybody say your prayers to the llpa and mortgage investor rates gods.   Keith Weinhold  29:37   we'll be attentive to that. What other sorts of changes do we have with the administration? For example, I know that Trump and some others in the administration have talked about privatizing the GSEs, those government sponsored enterprises, Fannie, Mae, Freddie Mac and what kind of disruption that would create for the industry. Is it really any credence to that?   Caeli Ridge  29:58   They've been talking about it for. For quite a while. I mean, as long as Trump has been kind of on the scene, that's been maybe a wish list for him. I don't see that happening over the next years. That is an absolute behemoth to unpack and make a reality. Speaking of Mark Calabria, he was really hot and heavy on the trails of doing that. So what this is, you guys so fatty Freddy, are in conservatorship that happened back post 08,09, and privatizing them and making them where it is not funded, or conservatorship within the United States government. Now it still has those guarantees against default. It's a very complicated, complex, nuanced dynamic of mortgage backed securities, but if we were to privatize them at some point now, am I saying that that's a bad thing? No, not necessarily, but I think it has to be very carefully executed, and because there are so many moving parts, I do not think that just one term of presidency is going to make that happen. If we do it, it's going to be years down the road from now. Is my crystal ball. I don't think we're going to see that anytime soon.    Keith Weinhold  30:58   That's interesting to know. Are there any other industry changes that are important, especially for investors, whether that has to do with the change in administration or anything else?   Caeli Ridge  31:08    Well, specific to that wish list from Mr. Neighbors, one of the other things that he had asked, and there were quite a few, for owner occupied changes as well, he wants to reduce the seasoning for cash out refinances of investment properties, which would be huge good. Yeah, right now it's 12 months on a cash out refinance given very specific acquisition details. Okay, I won't go down that rabbit hole, but currently, if you haven't met exactly these certain benchmarks, you may have to wait 12 months to pull cash out of a property from the day that you acquire it, he's asking that that be pulled back to about six months, which would be nice   Keith Weinhold  31:46   reducing the seasoning period from 12 months to six months, meaning that an investor a borrower, would only need to own that property for that shorter duration of time prior to performing a refinance.   Caeli Ridge  31:58    Cash out refinance, no seasoning required on a rate and term. This is specific for cash out. But again, for cash out, but exactly right   Keith Weinhold  32:04   now, one trend that I think about sometimes, especially when I think back to 2008 2009 days since I was an investor through that time, is, are there any signs in the reduction of the appetite or the propensity to lend, to make loans. So how freely is credit flowing?    Caeli Ridge  32:25   I think pretty freely. I'm not seeing that they're tightening the purse strings. That's not the lens that I'm looking at it from, and I try to keep that brush stroke broad. There have been, I think that on the post, close side, there's been a little extra from Fannie Freddie, and I think that has to do with profitability markers. But overall, I'm not seeing that products are disappearing necessarily, or that guidelines are really becoming even more cumbersome. If anything, I would say it's maybe the reverse of that, and I do believe that probably is part and parcel to this administration and the real estate background that comes with it.   Keith Weinhold  32:59   One other thing I pay attention to, but it just really hasn't been much of a story lately. Are delinquencies in foreclosures. It seems like they've ticked up a little bit, but they're still both really historically low and basically a delinquency being defined as when a borrower makes one late payment, and foreclosures being the more severe thing, typically a 120 days late or more. Any trends there? I'm not   Caeli Ridge  33:24   seeing any now. And in fact, I would tell you that, because we focus so much on investor needs, first payment default is I can count on less than one hand, if I had to, how many times I've seen that happen with our clients over 25 years. So nothing noteworthy there for me.    Keith Weinhold  33:40   Yes. I mean, today's borrowers are just flush with equity. Nationally, there's a loan to value ratio of 47% which is healthy, in a sense. On average, borrowers have a 53% equity position. Of course, the next thing, I think, is like, I don't really know if that's a smart strategy. They're not really getting that much leverage out there. But I think a lot of people just have the old mentality of get it paid off.    Caeli Ridge  34:06   And I think that depending on where you are in your journey, I mean, if you're in phase three, right, where you're just really looking at these investments, these nest eggs to carry you into your retirement and or for legacy reasons, fine, but otherwise, I may argue the point in that I don't care that you have a 3% interest rate on an investment property, or whatever it may be, if it's sitting there idle and as long as it can cash flow, the true chances of those individuals of keeping that mortgage that they got in 2020, 2021, etc, at those ridiculously low interest rates and stroking 360 payments later to pay it to zero is a fraction of a percent right now, whether they're on the sidelines for something else, I don't know, but that debt, equity, I think, is hurting them more than a 3% interest rate is helping them.   Keith Weinhold  34:52    And a lot of times, the mindset of someone is, if they don't need to build wealth anymore, and they're older and they already built wealth, they don't care if they're loaned to value. Was down to zero, and they have it paid off, whereas someone that's in the wealth building phase probably wants to get more leverage. Yeah, Chaley at risk lending group, there you see so many applications come in, and especially since you're an investor centric lender, I like to ask you what trends you're seeing. What are people buying? What are people doing? Are they refinancing? Are they paying loans off? Are they trying to take out more credit? Are there any overall trends with investors that you see in there    Caeli Ridge  35:29   right now? I think the all in one is a clear winner there. The all in one, that first lien, HELOC, that you and I talked about, we broke my little corner of the internet with that one, that one is a front runner for sure, on the refinance side, specifically, we are seeing quite a bit more on the refi side of things, that equity is kind of just sitting there. So even though, if the on one isn't a good fit for them, I'm seeing investors that are willing to tap into that equity instead of just sitting around and waiting for them to potentially lose some equity if the housing market does start to take some decline. And then I would say, on the purchase transaction side, something that's kind of piqued my interest is the pad split. I'm looking at that more often where, for those that are not familiar, you can probably speak more to this, Keith, they're buying single family resident properties, even two to four unit properties, and a per bedroom basis, turning those into rental properties. And they're looking to be quite profitable. So I've got my eyes on that too.   Keith Weinhold  36:23   before we ask how we can learn more about you and what you do in there at Ridge Kayle. Is there any last thing that you'd like to share? Maybe a question I did not think about asking you, but should have.    Caeli Ridge  36:35   I would like to share with your listeners that if they are not working with a lender that focuses on their education and has that diversity of loan product that we have, that they're probably in the wrong support group. You need to be working with a lender that has a nationwide footprint and that has diversity of loan product to cover whatever methodology of real estate investing that you're looking for, and really puts a fine touch on the education of your qualifications and your goals as they relate to underwriters guidelines   Keith Weinhold  37:10   what we're talking about, and I know this through my own experience in dealing with Ridge, since I use them for my own loans myself, is sometimes Ridge might inform You that, hey, you can go and do this and make this deal now, but that's going to mess up this bigger thing 12 months down the road, whereas if you talk with an everyday sort of owner occupant mortgage company, oh, they're just not going to talk like that, because owner occupants, they might only buy every seven years, or something like that. And investors are different, and you need to have that foresight and look ahead. Caeli, this has been great, a really informative conversation about the pulse of the market. Tell us what products that you offer in there.   Caeli Ridge  37:50   Our menu is very, very diverse. I would say what. It's probably easier to describe what we don't offer. We do not have bear lot loans or land loans. We're not offering those right now. We do not have second lien HELOCs currently. We suspended that two years ago. But otherwise, guys, we're going to have everything that you're going to need. So just very quickly, I'll rattle off Fannie Freddie, okay, those golden tickets that we talk about, we've got DSCR loans, bank statement loans, asset depletion loans, ground up construction, short term bridge loans for fix and flip or fix and hold. We have our All In One that's my favorite first lien. HELOC, we have commercial loan products for commercial property and residential on a cross collateralization basis. So very, very robust in the loan product space.   Keith Weinhold  38:33   Caeli Ridge, it's been valuable as always. And then Ridge lending group.com, or your phone number   Caeli Ridge  38:39   855-747-4343, 855-74-RIDGE, , and then to reach us an email, if that's your better mechanism to contact us info@ridgelendinggroup.com   Keith Weinhold  38:50   that's been valuable as always. Thanks so much for coming back onto the show.    Caeli Ridge  38:53   Appreciate it. Keith,   Keith Weinhold  39:00   Yeah, terrific information from Chaley. As always, if you're enamored of borrowing tax free, like a billionaire, against your real estate, they sure can help you out with that and determine whether that's right. It doesn't mean that you always should, but if you have investment ideas for debt equity, and you're attentive to cash flows, run the numbers with them and see if it's worthwhile. As far as new purchases, we all know that soured affordability has made it especially tough for first time homebuyers, and there's more data out there that shows that tenant durations are historically long, longer than they usually are. Tenants are staying in places longer because they have to. Investor purchases have stayed strong, though investors have been buying about the same proportion of single family homes and making them rentals that they have historically and Redfin tells us that. The value of properties that investors have purchased is up more than 6% year over year, so investors are still buying and that makes sense. We're in this era where there's more uncertainty than usual, there's higher stock volatility than usual, and more people are sort of asking themselves, where would I get a better return than on income property, and where would my return be more stable today than in income property as well? If you work with Ridge lending group for a time, you're probably going to understand why I personally use them for my own loans. You'll notice that they really understand what investors need. Thanks to Caeli Ridge today and thank you for being here too. But as always, you weren't here for me. You were here for you until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  40:56   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  41:20   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866   The preceding program was brought to you by your home for wealth, building, get rich education.com.    

Un sujet de tendance, l'acquisition et la vente d'entreprise.Selon le Centre de transfert d'entreprise du Québec, entre 2015 et 2021, près de 52 000 changements de propriétaires-dirigeants ont eu lieu, soit en moyenne 7 400 transferts par année.C'est pour cette raison que nous avons invité François Beaudin, CPA et courtier en transfert d'entreprise. Son entreprise, Piliers.ca, accompagne les cédants et les acheteurs à trouver la meilleure opportunité d'affaires et à réussir leur transition.Dans cet épisode, on plonge dans :✅ Les meilleures pratiques pour vendre ou acheter une entreprise✅ Les erreurs à éviter✅ Et les conseils concrets pour réussir votre transfert entrepreneurialSi vous avez l'esprit entrepreneurial ou songez à faire une acquisition, cet épisode est pour vous.#Entrepreneuriat #Repreneuriat #Acquisition #TransfertEntreprise #podcastquebecois Linkedin:https://www.linkedin.com/in/francoisbeaudin/Bonne écoute Saviez-vous que notre partenaire Pizza Salvatoré est une histoire de repreneuriat. Encourageons nos PME locales et utilisé le code YSP sur votre prochaine commande de pizza. Si vous êtes à la recherche d'un look professionnel et sophitiqué, allez voir Middlemen.ca pour des habits prêt-à-porter pour toute occasion. 

Dr. Stephanie Elle is back for round two!In this powerful episode, we dive into her latest research on health, supplementation, libido, and mental well-being.You'll learn:✅ The truth behind popular supplements and how they actually work✅ Why more men and women are experiencing a drop in sex drive✅ How your lifestyle habits may be the silent killer of your energy, desire, and focus✅ And how small changes can lead to big shifts in your well-beingWe wrap it all up with a raw and honest conversation about our personal lives, struggles, and what it really means to feel good — inside and out.Whether you're into health, personal growth, or just curious, this one's worth your time. Tune in.Enjoy.Thanks to our proud partner for their support. Next time you order pizza, order Pizza Salvatoré and use YSP as promo code for a 10% discount. If you are looking for an off-the rack, affordable suit for your next special occasion. Go Check out Middlemen.ca. 

Et si reprendre une entreprise était plus stratégique que d'en partir une de zéro ? Le repreneuriat est en train de devenir un sujet chaud dans l'écosystème entrepreneurial. Dans notre prochain épisode, on reçoit Philippe Latour, un entrepreneur en série avec plus de 30 ans d'expérience en restructuration et direction générale.Philippe nous raconte comment il a repris une entreprise d'aspirateurs en et lui a redonné un second souffle. À travers son parcours, on aborde une question cruciale :Reprendre une entreprise, est-ce acquérir un actif… ou s'acheter un emploi ?Dans cet épisode :Les vraies réalités du repreneuriat.Les compétences clés à avoir pour reprendre efficacement.Comment évaluer si une entreprise est un bon fit pour vous.Pourquoi l'expérience de DG peut être un levier pour la reprise. Si vous êtes entrepreneur, gestionnaire ou songez à l'acquisition d'entreprise, ne manquez pas cet épisode.

La technologie du moment : les agents IA. Ceux qui ne s'adaptent pas seront-ils laissés derrière ?Dans le prochain épisode, nous recevons Mohamad et André, deux entrepreneurs qui ont pour mission de simplifier et optimiser le quotidien des entreprises grâce aux agents intelligents.Ils nous expliquent comment l'IA peut prendre en charge des tâches redondantes, gérer les appels de rendez-vous et convertir des clients potentiels, tout cela de manière autonome.Que vous soyez travailleur autonome, entrepreneur ou propriétaire d'entreprise, cet épisode est pour vous.
Découvrez si cette technologie peut devenir votre meilleur allié au quotidien.Bonne écoute. Qu'est ce qu'on mange ? Du Pizza Salvaltoré, utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web ou sur l'application mobile.Êtes-vous à la recherche d'un complet ? Middlemen.ca est la pour vous pour des complets prêt-à-porter pour toute occasions. Visitez le 8815 ave du Parc à Montréal.

Dans cet épisode, nous avons le plaisir d'accueillir Marie Paule Gedeon, consultante en étiquette. Qu'est-ce que l'étiquette et pourquoi est-elle essentielle en affaires ?Connaissez-vous les 5 bases fondamentales de l'étiquette ?Après avoir lancé sa clinique esthétique, Marie-Paule a rapidement compris que l'étiquette jouait un rôle clé dans l'expérience client. Cette prise de conscience l'a menée à promouvoir l'étiquette en entreprise, un atout souvent sous-estimé mais essentiel pour se démarquer.Un épisode unique pour tous ceux qui souhaitent maîtriser l'art du savoir-vivre et faire forte impression en affaires.Bonne écoute !"Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web ou sur l'application mobile.Êtes-vous à la recherche d'un complet ? Middlemen.ca est la pour vous pour des complets prêt-à-porter pour toute occasions. Visitez le 8815 ave du Parc à Montréal. 00:03:30 - J'ai créer un code d'éthique dans ma première entreprise00:08:00 - Apprendre le savoir-être 00:14:10 - La culture et l'étiquette00:19:30 - Connaître sa personnalité 00:29:00 - Pourquoi je suis aller à Londres pour me certifiée00:40:45 - L'expérience d'étiquette qui à changer ma VIE 00:48:30 - Je veux aider les gens d'affaires avec l'étiquette00:54:00 - Les 5 bases fondamentale de l'étiquette01:02:00 - Les enjeux sociaux modernes qui nuisent à notre société 01:11:00 - Le besoin d'avoir des cadres.01:15:00 - Comment corriger un manque de savoir-être sans dire un mot01:21:50 - La différence entre la politesse et la gentilesse01:29:00 - Est-ce que trop de transparence mauvais?01:35:00 - Le savoir-être à la table durant une négociation01:43:00 - Comment le silence peut vous donner un avantage

En este episodio de una Vida Sin Sombras, hablamos con Carlos Hernández, presidente de YSP de Centroamérica y el Caribe, sobre los emocionantes eventos que se llevarán a cabo en Corea en abril de 2025. Hablamos sobre cómo prepararte espiritualmente para la entrada al templo Cheon Il y sobre consejos valiosos para las parejas que se casarán este año. Un episodio lleno de inspiración, preparación y sabiduría para vivir una experiencia inolvidable, sin importar si vas a ir a Corea o no.  Muchas gracias por escucharnos en este nuevo episodio. 

Nous recevons Antoine Routhier, fondateur d'UBEE, une plateforme de courtage immobilier au modèle d'affaires inspiré d'UBER. Son objectif ? Réduire les commissions pour les acheteurs.Mais cette initiative ne fait pas l'unanimité. Deux plateformes populaires s'opposent à UBEE, l'accusant de voler les données des utilisateurs. Dans cette entrevue, Antoine répond à ces accusations et dévoile les coulisses de son association avec des entrepreneurs influents du Québec.Bonne écouteQu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web ou sur l'application mobile.Êtes-vous à la recherche d'un complet ? Middlemen.ca est la pour vous pour des complets prêt-à-porter pour toute occasions. Visitez le 8815 ave du Parc à Montréal. 00:04:04 - Qui est Antoine Routhier ?00:08:00 - J'ai eu une vision dans le courtage00:13:20 - Comment UBEE fonctionne ?00:18:45 - Pourquoi les courtiers sont contre son modèle d'affaires ?00:25:00 - Comment Erik et les Abbatiello se sont joins au projet00:31:00 - Est-ce le courtage commercial est en faveur ou contre ?00:36:20 - Faites-vous du vol de données ? 00:43:00 - GoCaza la plateforme qui à échoué 00:47:00 - Les groupes facebook de courtier qui parlent de nous00:54:30 - La vérité qui fait MAL 00:58:00 - les premières stats suite au LANCEMENT

Dans cet épisode, nous recevons Yves Besner, un entrepreneur visionnaire avec plus de 30 ans d'expérience. Parti d'une ferme, il est devenu l'un des pionniers du web au Québec en lançant ses premiers sites dès 1994. Après avoir bâti et vendu deux entreprises pour plusieurs millions, il a dû faire face à la décision la plus difficile de sa vie—un choix qui a failli lui coûter tout ce qu'il possédait. Son parcours est une leçon puissante sur l'aveuglement face au succès et la résilience d'un homme d'affaires prêt à tout reconstruire.00:04:28 - Comment grandir sur une ferme laitière m'a motivé00:10:20 - J'avais un FAUX bureau pour impressionner mon premier client 00:13:20 - Comment tes parents on réagi que tu quittes la ferme? 00:18:30 - As-tu perdu la flamme quand tu as commencé a grossir?00:23:55 - La plus GRANDE erreur des entrepreneurs00:30:40 - J'ai prit un recul après avoir vendu mon entreprise00:36:00 - Tu dois affronter tes FAIBLESSES00:43:30 - Le RISQUE que je regrette le plus de ma carrière00:49:00 - Le côté IRRÉALISTE des entrepreneurs modernes00:53:20 - Le jour que j'ai PERDU DE VUE mes objectifs01:02:00 - Le CONSEIL que tu aurais ignoré il y a 20 ans01:08:50 - Les liens de l'AVIATION et l'entrepreneuriat  Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web ou sur l'application mobile.Êtes-vous à la recherche d'un complet ? Middlemen.ca est la pour vous pour des complets prêt-à-porter pour toute occasions. Visitez le 8815 ave du Parc à Montréal. 

Manon Leblanc se joint à YSP pour nous raconter son parcours comme animatrice d'émission à la télévision. Soudainement elle veut faire un changement et prendre le contrôle de son contenu en devenant sa propre diffuseuse. Grâce aux médias sociaux, elle peut finalement créer sans le besoin d'avoir une maison de production. Sa grande surprise; le lancement de sa formation en ligne sur le design intérieur. Vous ne voulez pas manquer les conseils qu'elle nous livre dans cet épisode.Bonne écoute Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile.00:02:44 - L'original Personal Branding00:11:00 - J'avais une vision pour mes kits00:14:40 - Ton parcours dans le showbiz au Québec00:24:00 - Se tourner vers le web mais ils ne voulaient pas00:32:00 - Le système de crédit d'impôt en production visuel 00:40:00 - Comment lancer une formation sur le web00:49:00 - Ma formation en ligne est officiellement lancé en février00:52:00 - Comment aller chercher les plus jeunes ?01:00:00 - Faire des collaborations

Keith Weinhold and Caeli Ridge discuss the benefits of a type of loan that combines mortgage and banking features. This loan allows deposits to reduce principal first, every deposit acts like a payment, minimizing interest accrual. And can be used for cash-out refinancing, providing flexibility and potential tax benefits.  Hear about the importance and the difference between open-ended and closed-ended loans. If you pay down the loan balance over time, you can have a spread that allows you to access that equity without having to requalify or pay additional closing costs. Resources: Explore the loan simulator at RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Show Notes: GetRichEducation.com/542 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold a discussion about the future mortgage rate direction. Then there's a property loan type where you don't have to make any monthly payments, and if you do make a payment, it all goes toward principal, and nothing is lost to interest. It can save you lots in interest expense over the life of the loan today on get rich education.   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:13   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:29   Welcome to GRE from flaccid County, Oregon to Lackawanna County, Pennsylvania and across 188 nations worldwide. I'm Keith Weinhold, and you are back in for another wealth building week here at get rich education, just another shaved mammal with the microphone here, I have a real estate analogy for you. Growing up, my dad told me, whatever you do, do it well. And that was broad guidance for life. I like things that are easy to remember. Our simple home in Appalachian Pennsylvania was headed with a wood fired stove, so we couldn't just turn a dial and feeding the stove with those logs took time and work. It was a family effort. Dad split the firewood. My chore was to regularly move firewood from the wood pile into the home, and then Mom or Dad would start the fire and constantly tend to it and get it up to the right temperature. But you know, when that fire finally roared, it felt like it could have heated five homes. And this is like buying an income producing rental property. You can't just point and click to make income reliably appear. It takes time, and even some of this admin type of work before you feel hot returned the spark that can ignite the fire means first putting your financial house in order. Those are things like getting pre approved for a mortgage loan, and then they're stacking the firewood, which means finding a deal, making an offer, booking a property inspection, scheduling an appraisal, perhaps signing a property management agreement if you're not self managing, and then, of course, placing a tenant. But see when that investment property fire roars after a year or two that can create enough returns for five retail investors, just like our roaring wood fire could have heated five homes, even though you're only one investor getting like 5x returns, and by now, you probably felt, after a year or two of owning it, the profitable warmth of the five ways you're paid that you know so well. Those five ways are leverage, appreciation, cash flow. Tenant made principal pay down a tax benefit basket and the quiet, whispering fire of inflation, profiting on your loan, but you can't get over leveraged, meaning that you can't make the payments, or else you burn the whole house down. This means embracing the right level of debt rather than avoiding debt altogether. So yeah, you know, if you want to be in the top 1% or maybe even top 5% Do you know what that means? It means being misunderstood by the masses. And when you do this right, it's not about getting rich quick, but it's about building wealth. For sure, feel the fire and whatever you do, do it well, just like my dad told me, and oh, by the way, today, my parents still live in that same. House, but they now just turn a dial for heat.    Well, you know, there's been a lot of real estate and financial news lately, just this constant feed of news. And I really need to tell you something about that. I am not a news reporter. If some news just broke an hour ago. A lot of times people are only overreacting to something like that. So here at GRE I infuse the news longer term into our content of the show, because some of it is just too big to ignore. But often let it settle down for a little while and filter out what it really means to you as an investor. I mean, being an educational platform rather than a news platform is what it's about. So I want to make sure you understand the relationships rather than just reporting the news. I mean, for example, what tariffs can do to home prices and rents and inflation. I mean, that really impacts you and your real estate long term. Rather than just doing something like reporting that the tariff on this nation that looked like it was going to be 25% is now only going to be 10% or something like that, that really doesn't affect you so much. So now that you know more about what to expect here, which are the stories that really affect you as an investor? The last inflation report did come in at a hot 3% that startled economists that it was that high. And what that does is that makes bond yields rise, because bond investors need a real return net of inflation, and in turn, that soon makes mortgage rates rise, and also it makes Jerome Powell be in no rush to cut his Fed funds rate after this hot inflation report, either. And here's another long term relationship that can help you learn the Fed's dual mandate is, what do you know? What it is, the two things I've mentioned it to you before, the Fed's dual mandate is maximum employment and stable prices. That right there is inherently volatile, because when employment is maximized, well then employers, they have to compete with higher wages in order to attract workers, and that makes prices go up, destabilizing the prices will stable. Prices is the second part of the dual mandate. So that's why it always seems like there's this lightning rod attention on Jay Powell in the Fed. It is because the dual mandate is inherently volatile. Now, you know what I think about predicting mortgage rates. I don't like to do it because it's an almost impossible task, like the myth of Sisyphus, that Greek myth about rolling a boulder up a hill wells, Fargo says mortgage rates will go down to just six and a half percent by the end of this year, so not much of a drop. And also by the end of next year, almost two years from now, they'll still be just six and a half percent. And other C rates rising from here. So there is broad consensus that there's zero reason to think that artificially low rates are going to return anytime in the near term, perhaps even in the intermediate term, coming up on a future episode of the show here and soon, how to use AI in real estate investing today, let's talk about mortgages and a special loan type.   Today, we are back with the national leader in providing Americans with income property loans. She runs the operation at Ridge lending group. She's been doing this 25 years she's an investor herself. It is their CEO and president, Caeli Ridge,   Caeli Ridge  9:06   Keith, thank you for having me.    Keith Weinhold  9:08   There does seem to be one US president. That makes a lot of news lately, but Caeli is still the most noteworthy mortgage type of President, I suppose. And just like GRE Ridge focuses on education and Caeli mortgage rates. It's the topic that everyone wants to talk about. I don't predict mortgage rates, but I know that you'll Talk That Talk a little. And previously, many expected Jerome Powell and the Fed to drop the rate four times this year, then two and now more and more expect zero rate cuts at all this year, even opening the door for rate increases if inflation persists. So tell us about the propensities of this year's mortgage rate direction.    Caeli Ridge  9:51   I think that I agree with a lot of the volume out there related to interest rates kind of stay in the course. I don't think we're going to see too much of a decline. There's. Certainly, Keith, we talk about this at nauseum. There's all kinds of things that could derail that statement that we can't prepare for, we couldn't predict for, but I think overall rates are going to stay steady. I think that whether you like them or you don't like them, the tariffs tend to come with an inflationary tone. And if that's the case, it's going to put Jerome and his buddies at the Fed in a tough position to do what they had hoped to do with the easing, the monetary easing. So I don't expect to see it, but I'm hopeful who knows. Who knows?    Keith Weinhold  10:29   Now, for you, the listener and viewer here, when you really want to know what moves rates around, Caeli talk to us about this persistently high spread, and what that means is that historic difference between mortgage rates and the yield on the 10 year treasury note.    Caeli Ridge  10:47   I feel like a lot of what that's going to attach itself to is the inflation, and then, more specifically, when we talk about llpas, and I think we've talked about this in the past, loan level price adjustments, mortgage backed securities secondary market, right? This is an investment that is bought and sold on the New York Stock Exchange, right? These are investments that carry value. And while the Treasury is usually the one that people will look at to predict where interest rates are going to go, I feel like in this higher rate environment, the secondary market understands that these mortgage backed securities are going to be paying off in advance of profitability. Now this gets a little bit complicated, but the easy way to explain it is is that if you secure a loan today at, say, seven and a half percent, if the anticipation is that interest rates over the next three years, maybe not in the next year, but two years, even three years, are going to decline. The mortgage that was closed today will likely pay off via a refinance. In that event, it's not reached the maturity date, such that when that initial mortgage backed security was purchased on the secondary market, it will have to pay off before the investor has been made whole or profitable. As a result, the margins it's called on in my world, it's called YSP, yield spread premium will not be met. So they're baking in certain levers, or they're hedging, as another way to say it, so that they're not left with those negative balances when these things do pay off when interest rates come down, because interest rates are not a straight line, they go up, they go down, they go east, they go west. So as a result, they're planning far in advance into the future. So I think that has a lot to do with it.    Keith Weinhold  12:33   Real Estate industries are shrinking, and it's all related to the fact that back in 2021 the number of existing homes sold peaked at almost 7 million, but last year, it was only about 4 million. That is a huge drawdown. The number of US Realtors is dropping since it peaked in 2023 and Caeli, from what I can see, the number of loan officers, even operating has dropped precipitously over the last four years, it's a reminder that the strong survive and in the mortgage industry, top service is what savvy borrowers need. You go with the people that consistently advise you to take your time and look at your long term strategy and make the correct decision, not always the one giving like 1/8 of a percent lower and an interest rate, so any lender can get you the next loan, and few are going to help you with your long term strategy. With this overall lower volume of transactions taking place, what are your thoughts about how it's impacted the mortgage and lending industries?    Caeli Ridge  13:37   It's such a good question. I'm glad that you asked it, and I really do think it speaks to the experts in the space consumers, our borrowers, as we call them, have to be, I believe, a little bit more discerning about who they want to align themselves with and who they want to work with as it relates to the interest rate. We've had this conversation off book. Ridge doesn't sell rate or cost. Now we're competitive, but we're never going to be the lowest possible lender out there. There's always going to be somebody that can undercut for an eighth, like you said, a quarter point, a few 100 bucks here and there. And we just don't get into that, our value adds far exceed an eighth of a point in rate, which, by the way, you probably can predict what I'm going to say next, if you're not doing the math, just as a sidebar listener, the difference in payment, and that's really where the focus should be. The difference in payment on an eighth or a quarter percent in interest rate on $100,000 is all of 5,7,8, bucks a month. Okay, so make sure you're doing the math, but the value adds that come with the education that we provide the 49 states, large footprint and the diversity of loan product, I think, far outweigh any eighth or few $100 difference when you're comparing side by side. I'm not saying that you don't want to get comparisons and you don't want to be a smart, informed consumer, but it really does matter that your lender understands known, owner occupied understands how to. Or take you from point A to point Z today and five and 10 years down the road.   Keith Weinhold  15:05   you've been a mortgage industry leader for a long time with this lower volume. Have you seen mortgage companies implode close shop?   Caeli Ridge  15:15   Absolutely, we have access to those data points and the number of loan officers just the individual in the doing the transaction, not including processors and underwriters and funders and doctors, but just the loan officers. I believe, in 2024 reduced by a margin of 53% gosh, yeah, that's a big number.   Keith Weinhold  15:35   Yes, this is really hit the industry substantially. Are there any other interesting industry trends in this environment where we have persistently higher rates, I make sure not to say high, because historically, mortgage rates are still not high. The long term average being seven and three quarter percent on the 30 year fixed rate mortgage Are there any other trends that this loss in activity has created?   Caeli Ridge  15:58   I feel like the informed investor is still finding ways to profit in real estate. They're finding diversity is key, which I'm a big proponent of as are you. That means single family residence to two to four units, cash flow versus appreciation, the short term rental, the long term rental, the midterm rental, making sure that they have a good, rounded portfolio is key. And there are some which I think we're going to be talking about today. There are some mortgage tools that I really feel like, for an informed investor, are allowing them to continue and propel further, even scale into the 25 and 26 years.   Keith Weinhold  16:36   What's happened to the volume of owner occupied transactions versus investor transactions. I would imagine that investor mortgage transactions really aren't down that much.   Caeli Ridge  16:47   not that much. I'd say there was a small blip, but I feel like we've made those up with some of the burr strategy loans we do, of course, all kinds of mortgage related transactions specifically for investors. And one of those products is a short term bridge loan, which would apply to the BRRRR method by rehab, rent and refinance. So we've been seeing quite a bit of that, where the investor will find a good deal on market or off market, where they can put a little bit of lipstick on it and then refinance it at the ARV or after repair value. So anything that we might have lost in just a traditional 30 year fixed straight purchase transactions, I feel like we made up in the other but it wasn't a big margin.   Keith Weinhold  17:26   What if there was a mortgage product out there that just didn't work like other mortgage loan products do? For example, your deposits or the payments that you make on this special type of mortgage is applied to the principal first and only. There are a lot of other interesting characteristics about this particular mortgage product. We're going to discuss that when we come back. You're listening to get rich education. We've got the CEO and President of ridge lending group back with us, an investor centric lender. I'm your host, Keith Weinhold.   You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lock ups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text FAMILY to66866, to learn about freedom, family investments, liquidity fund, again. Text FAMILY to 66866   hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation, because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind @ridgelendinggroup.com that's Ridge lendinggroup.com   Rick Sharga  19:48   this is Rich charga, housing market intelligence analyst. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  20:06   Welcome back to get rich education. We're talking with a steady guest over time, because not only are they an income property centric mortgage loan company that do mortgage loans in 49 of the 50 states, but they're also centered on education and looking out for you, the investor, over the long term. And cheyley, such an interesting product that you offer is called the all in one loan. It's been a long time since you and I have really talked about this. What it is is a first lien HELOC. It's a way for you to use the equity in your existing properties. You can do it with either a primary residence or investment properties. There are just so many reasons why an all in one load just kicks the butt on a conventionally amortizing loan, including that all payments are applied to principal first and only, and a lot of other exciting things. So Caeli, why don't we back up and just describe what the all in one loan is big picture.   Caeli Ridge  21:05   Now there is a lot to unpack, so we're going to take our time. Listener. First of all, let me just explain. Why is it called the all in one it's called that because it doubles as both a mortgage in the form of an open ended revolving HELOC and checking and savings. Both of those two features are combined, hence the all in one as a way of diminishing the amount of interest that can accrue over time. Let me explain so any revolving account, any account, including a credit card, for example, but first lien HELOC, second lien HELOC, whichever doesn't matter, open ended revolving is the key. Any open ended, revolving account will accrue interest daily based on two factors, the first being that day's balance and that months, in this case, interest rate, fully indexed interest rate. I'll come to interest rate later. As a result, you now have control largely over how much interest can accrue. Now let's take that statement and transfer it and look at it against an amortized, closed ended mortgage. You sign up for a 30 year fixed mortgage today. Let's say it's 7% whatever the interest rate is, is really irrelevant. Your principal and interest payment are defined on day one. There is no changing that monthly payment. Now you could certainly accelerate the payoff of that mortgage debt by doing what applying additional extra principal payments, right? But what happens to that extra principal payment when you send it off with your 30 year fixed mortgage payment,   Keith Weinhold  22:34   it drops your loan balance, but your minimum payment amount is the exact same the next month,   Caeli Ridge  22:38   right? And then what happens to all that liquidity that you had prior, it's now illiquid. Right? Exactly that off   Keith Weinhold  22:45   you've just transferred your cash flow into equity. Financial freedom is created by doing the opposite thing and changing equity into cash flow,   Caeli Ridge  22:52   very illiquid, and not the way an investor typically is going to want to run his or her business. So hence the all in one. Now for those of you that have heard the term velocity banking or infinity banking, maybe whole life insurance policy has a similar tone to this. The all in one, I believe, offers even more flexibility for variety of reasons that we're going to get into. But if you've ever heard those terms, that's similar to what this is. So I want to start by I usually like to give an example, okay, and provide some visual aid so that people can connect the dots. Let's start with the 30 year or a fixed rate mortgage. Just because I feel like, especially in the US, this particular loan product, or its concept is widely used in much of the rest of the world, in the US, I feel like we're sort of preconditioned here to really only understand that closed ended, amortized mortgage. So I'm going to start with an example there that actually highlights or leads into the concept of the all in one. So I want you to imagine a 30 year fixed mortgage and a 15 year fixed mortgage. Both of these mortgages originated or started at $400,000 as the balance on day one. The 30 year fixed mortgage locked at an interest rate of 4% and the 15 year fixed mortgage locked at an interest rate of 7% now, when I go through this exercise and I give this example to people, I ask them the question, Well, which one would you choose? And without exception, if they don't understand amortization, they are going to select that 4% 30 year fixed mortgage, because they don't understand that it's about speed. When you run the math and you look at an actual amortization table, you'll see that you'll pay $40,000 more in interest on a 4% 30 year or 360 month, versus a 7% 15 year or 180 month. So the point here, and what I'm illustrating, is it's speed. Now let's segue back over to the all in one. It's all about speed and how much interest we allow to accrue over time. So as you had mentioned, to start the kick this off, Keith, every deposit acts like a payment. Now here's where I struggled with this in learning. And when this was first introduced to me years ago, this part of it really caught me off guard. I had to really dig in and try to focus on what are they talking about? What do they mean? There's no payment due on the all in one. I'm gonna say that again. There's no payment due on the all in one. Think about your 30 year fixed mortgage. If you don't make a payment, what happens?   Keith Weinhold  25:19   You're defaulting, you're in trouble. You become delinquent,   Caeli Ridge  25:23   right? So that is not how this loan is set up. And it's not smoke and mirrors, okay? It's nothing fancy. The deposits that you make from ordinary income from all sources really Okay, so we want to talk about this is really special for investors, because we have access to gross rents, the rental income that's coming in before we send it back out the door, along with our net wages and every other source of income, deposits that we're getting can be utilized to your advantage. One of the ways in which I describe this is, I like to say you've become your own bank, so you have this line of credit, and your gross rents and all of your net wages are going to deposit into your checking account, driving that principal balance down, dollar for dollar, so that the interest accrual is diminished. Because remember what I said a few seconds ago, the interest is calculated on any open ended revolving account based on two factors, the balance for the day and the interest rate, so the more you have in depository income, and you drop it into your checking account, the longer it stays there, the lower the amount of interest is going to accrue within a 30 day billing cycle. Now let me just paint one more picture, and then we can open up to what questions come from this. So I want you to imagine this is I'm going to use easy, round math. I want you to imagine that you have an unpaid principal balance on your mortgage, on your HELOC of $100,000 just for round easy mouth, and that you bring in $10,000 a month in income from all sources. And just to keep it simple, we're going to say that that 10,000 comes in on day one of month one. Okay, so here's our 100 grand sitting there. My $10,000 is deposited into my checking account. Now my balance is $90,000 right? That 10 grand is not going to be touched. You will not touch that $10,000 for 29 days out of a 30 day billing cycle. And I'm giving you optimal tricks. Okay, this is how you want to use it optimally, yeah. Day one, instead of paying interest on $100,000 you're paying interest on paying interest on $90,000 and you're going to pay interest only on $90,000 for 29 days out of a 30 day billing cycle. Well, how am I going to make all my bills? And how am I going to eat? And how am I going to pay my cell phone? And what am I going to do? You're going to use a credit card, or credit cards of your choice, the ones that provide the best points, or whichever you prefer doesn't really matter. To pay all those monthly living expenses now we don't want to pay any interest on our credit cards. Right? 18, 28% whatever it is. No thank you. So now we're going to go to day 30 of that 30 day billing cycle. Right? 29 days that 10 grand has sat in there. Our balance has been 90. Our interest has accrued on that 90. On day 30, the credit card has amassed $9,000 in expenses. You've spent $9,000 for the month on food, gas utilities, car payments, cell phone, everything goes on that card. Day 30, you go into your checking account where your 10 grand has been sitting, and you write a check to pay off the credit card $9,000 so for one day of the month, we went from 90,000 in a balance to 99,000 right. 9000 had to come out of the 10 to pay off the credit card. We had $1,000 left over. Now I want you to fast forward into month to day one our starting balance, because that $1,000 leftover was our residual income, our discretionary our savings, it's what was not spent, but I have full access to it. Should I need it? So day one, month two 99, 000 is my outstanding balance. I drop in my $10,000 of income. 89,000 is what I'm going to be paying interest on for 29 days of a 30 day billing cycle. So this should allow listeners to connect some dots. There are two components of compound interest savings, the first being daily. We've got our income dropping in there. It's just sitting so daily savings, compound interest savings. And then that leftover savings, that residual, that $1,000 is going to be left in there month after month 24/7, access. That's monthly compound interest savings. So those are the two components that make this product profoundly impactful in diminishing that interest accrual over time. Why don't I take a pause   Keith Weinhold  29:30   so with the all in one loan, we're really integrating our consumer accounts with our mortgage. Absolutely right? Is there a way to automate these payments associated with this?   Caeli Ridge  29:43   Yes, I'm glad you asked. So everything that you have become accustomed to today in your checking and savings is going to be exactly the same with the all in one this mortgage is housed by an FDIC insured banking institution. It'll be one of two places depending on which. Which ends up picking up the rights. It'll be North Point or merchants, bank, those are the two that service this loan. Feel free to check them out when you think about the automation of your checking and savings accounts with your B of A, Chase, Wells, Fargo, whomever, credit union, whomever you bank with. Now there will be no difference to that experience and this experience so online bill pay, debit cards, routing numbers, paper checks. Should you still use those mobile apps? If you get a paper check, you take a picture and it uploads to the account. All the same exact automation as you have become used to today will apply with the all in one   Keith Weinhold  30:36   and you described how the all in one loan is an open ended loan versus your plain vanilla 30 or fixed amortizing loan, which is closed ended. For those that don't know, what do those terms open ended and close ended mean?   Caeli Ridge  30:48   So amortized is predetermined over the period of time that you've gotten the mortgage for. So whether it be a 10 year, a 20 year, 2515, 30, whatever it is, it is closed ended, so the interest rate that you secured against the loan amount that you've taken, they have come up with the formula, the calculation that says, This is how much interest you're going to pay over this length of time. And the longer the amount of time that you have selected, let's say a 30 or maybe even a 40 year. Those do exist, in some cases, the longer the amount of time that closed ended amortized mortgages in play, the more interest you're going to pay. Now, it keeps your payment lower for sure, but they're going to make it up in the interest that you'll pay in the long time. Now the open ended revolving just means that it is available to pay down and draw up, and pay down and draw up. It is not closed   Keith Weinhold  31:40   and then with those conventional mortgages, typically, especially when you originate a new loan for years, most of your payment goes to interest, which would not be the case with the all in one loan.    Caeli Ridge  31:53   Exa  ctly. Yeah. So anybody that's looked at an amortization table knows the first 10 ish years, we'll just keep using the most common, 30 year fixed first 10 years or so, maybe even a few years past that, 90% of your payment is going to go to the interest. You won't start chunking down any principal until the back end of that mortgage, 180 or complete flip to the all in one every dollar that goes in there drives the principal down first.   Keith Weinhold  32:18   That is huge, even if you pay a higher interest rate on your all in one loan, you can see how you have fewer dollars out of pocket in interest paid, which is what really matters to you,   Caeli Ridge  32:30   exactly, right? So think about a 20% interest rate. If you're paying 20% interest on 50,000 then 7% interest on 500,000 you can see how the math will work in your favor, regardless of the number in the interest rate in comparing side to side. And one of the other things that we haven't touched on, and maybe this is a good segue, Keith, it's not just the daily deposits. We have clients that take out a, you know, a million dollar line of credit, but they have $500,000 sitting idle for whatever it is their business needs. And in the E commerce. It doesn't even matter, but they have this amount of cash that they're simply going to take from this vehicle a regular checking account over here, and drop it in here, and that interest is saved. That $500,000 that was sitting idle doing nothing over here is now saving interest at an incredible rate. So it's not just the daily and monthly deposits. If you just have idle cash, or you know you're going to be getting a bonus or a tax refund, or whatever it is, those monies that would otherwise just sit in a one to 2% maybe interest bearing checking savings account can now be applied over here, driving down that balance further, dollar for dollar saving in that interest.   Keith Weinhold  33:39   So we are opportunistic investors here, when we see an accumulation of equity in a property or cash in an account, we want to get that moving with this all in one loan again, which is like a first lien HELOC, I would imagine that would we get plenty of room to borrow more in there, and there's been plenty of pay down, we might want to draw against it again for another purchase, and let this thing be flexible like an accordion back and forth as you're drawing the balance down and you're extending it out again. So really, the way I see the flexibility with the all in one loan is that you don't have to go through another mortgage loan origination each time you want to buy a property. You can just draw against this account.   Caeli Ridge  34:20   And we're still just scratching the surface in what this thing does exactly right? And I've said this twice now, you've become your own bank. Yeah, okay, if you pay it down over a short period of time, let's say that you had half a million dollars and you were able to reduce that down to 300,000 there's a $200,000 spread there that, at your discretion, do not have to re pre qualify and pay closing costs. Again, you don't have to ask permission or get it approved, for some reason, those are your funds, your equity, your dollars to do what you want, when you want, how you want. The other thing too is probably a good place to point this out, safety net, as long as there is a spread between what you owe and the credit limit. Whatever that is. If something were to happen That was unfortunate, some unfortunate set of circumstance befell the family, whatever, and no income was coming into the household zero. What would happen if you didn't have money to make your 30 year fixed mortgage payment? You're going to ruin your credit and go into default. Well, the reverse is true with the all in one if there is a spread between the balance and the limit and you needed to not make any deposits, the only thing that's going to happen in that case is interest is going to accrue on top of that balance. The only time a payment deposit is mandated with the all in one is when the balance is about to exceed the limit. That's the only time. Now I'm not saying that that's the way people are going to use it, but that's the reality of it. So what if this? Let's take this down the rabbit hole for a second. If you couldn't make a deposit, you're not going to go into default, right? You're simply going to add some interest on top of the existing balance. But what if you needed to draw from it for living expenses for a couple of months? Yeah? What if you needed, you know, $5,000 a month for three months until you got back on your feet, whatever it is you have access to do that. There's your safety net. You just simply draw from it, as long as there's a spread between the balance and the limit, those are your funds to do with what you choose    Keith Weinhold  36:13   if one takes out a HELOC, whether that's in an all in one loan form or not, something that I've advocated with my listeners for years is that now you do have this line that you can draw against to your point Haley, it's effectively another layer of insurance for that borrower or investor. So if you're interested in keeping down your insurance premium, you can get a HELOC or an all in one loan increase your insurance deductible, which can lower your insurance premium and increase your cash flow.   Caeli Ridge  36:43   Good point. You know, I hadn't even thought about that before. That is a new one on me that is actually brilliant. Yes.   Keith Weinhold  36:50   now we had a listener quite a while ago, Mark from Granite Bay, California, right in Mark's a great long time listener. When he found our show, he wanted to go back and re listen to all the old episodes. And he listens to several episodes multiple times. And Mark wrote in because he heard you on the show quite a while ago. And Mark says, I've been using the all in one loans, amazing mortgage balance deduction. But as a GRE listener, I know I can't be lured in by that alone. I also need to utilize its leverage. I just used my all in one loan Mark continues to say, probably, like a lot of others, to buy a duplex for mid south home buyers in all cash and then refinance that loan into a fanniefreda 30 year from my all in one loan simulations, and Caeli has an all in one loan simulation on her website that she'll tell you about. But to finish Mark's question, Mark says, I have gathered in these simulations that as long as properties are cash flowing, the best use of the all in one seems to be to keep repeating what we did on our first duplex purchase, use the all in one loan, to buy properties in all cash, and then later refi it into better debt or leverage, and then continue to repeat the process. Is that a valid way to use it? That's Mark's question.   Caeli Ridge  38:03   Absolutely. Mark, Well done, sir. And there's a few points here that I want to take a minute and peel back, Keith, so one of the first things that I would say that's really great about that philosophy or that strategy is going to be that on a cash out refinance of the property that was paid cash, using the all in one we get to use the appraised value. So under the circumstances, if you paid $100,000 for it, and perhaps it valued at 110, 151, 20, whatever it is, then we as the lender are going to refinance on a cash out refinance using that higher appraised value, so you have a little bit more leverage there, and potentially get more in that loan to value when you're comparing what you're getting back versus what you put in. The other thing, obviously, is that when you're dealing with a turnkey or a seller, an agent, whatever, everybody knows that when you can come to the table with cash, yeah, right, you become the more desirable buyer. There's that obvious piece, and then in terms of that strategy and that simulation. So please, yes, that is absolutely the first thing that I'm going to do with anybody that calls in is I'm going to get on the phone with them, a teams call, and we're going to do the simulator together. But I encourage everybody to get in there and play around with it. If you're not quite sure what data points it's asking for, let us know, or we'll do one together. But that simulator is going to allow you to compare the all in one to either an existing mortgage on a primary rental property or a new traditional mortgage. Let's say you're thinking about buying an investment property with a 30 year fixed and you want to compare that to the all in one, or maybe you want to refinance one of your existing properties, so you can compare it to existing versus new. And then within that simulation, it will allow you to forecast additional spending. That will allow you to say, I want to take out $50,000 in month 22 and it'll reformulate where the simulation of saved interest, payoff time, all of those things will be available to you within that simulator. It's very slick.    Keith Weinhold  40:00    And now that you, the investor, have the ability to pay all cash, not only can you close faster, but a lot of times, sellers are willing to give you a discount, since you can close faster and pay all cash, and then it's up to you down the road to go ahead and refinance that into a conventional product, or however else you want to do it. Caeli, what else should we know about the all in one loan?   Caeli Ridge  40:24    Couple things I would share. First of all, the qualification metric for the all in one is going to be a little bit more restrictive than a traditional 30 year fixed mortgage, so be prepared for a little extra brain damage. I know that getting qualified for mortgages is not everybody's favorite activity. I get it. There's a lot that goes on to it. It's not like the good old days where some remember you could fog a mirror and get a mortgage, but the all in one does take it to another level, even beyond what you're used to now. So debt to income ratio, I'll give you the specifics really quickly, so just be prepared. I like to set that expectation. Debt to income ratio caps at 43% on the all in one versus 50% that we would have from a traditional Fannie Freddie, 30 year fixed. The reserve requirement is calculated based on the line limit. It's dependent on the debt to income ratio. I'll just leave it there. It'll either be 10% or 15% of the line limit. So if the limit was 100 grand, 10,000 or 15,000 is the reserve requirement, and then the minimum credit score requirement. Owner Occupied is 700 non owner occupied is 720 so a little bit higher on the bar for qualification for the all in one.   Keith Weinhold  41:33   Who is this for? And who is it not for?   Caeli Ridge  41:36   It is for anyone generally that has at least 10% discretionary income at the end of the month. Typically, everybody's circumstances are different. I encourage you to play with the simulator. Get on my schedule. Let's do it together. But more often than not, we find that 10% left over at the end of the month is generally enough for it to work for the individual, and for those of you that got 2% interest rates during the pandemic, I just want you to know that I'm running the simulator against those loans day in and day out. And I would say, I'll give you a 65% of the time the all in one is beaten the, you know, what, out of a two and a half percent 30 year fixed mortgage   Keith Weinhold  42:12   that is really interesting. Well, there's a lot of opportunity and flexibility with the all in one loan. Is there any last thing that we should know about it.   Caeli Ridge  42:22   Start doing your due diligence. This does take a minute to unpack. Don't get overwhelmed by all the information. We've talked about some real tangible stuff here, but there's quite a bit that there would be to uncover. So take your time. Call us. We'll walk through it step by step   Keith Weinhold  42:36   and get started on that simulator and really see what it can do for you to make that actionable. Caeli, Where should one start?   Caeli Ridge  42:44   Head to our website, ridgelendinggroup.com you can email us info@ridgelendinggroup.com and obviously we're always a phone call away at 855, 74, Ridge   Keith Weinhold  42:54   and again, you can find that all in one loan simulator, where you can plug in some real numbers and see how it can benefit you. A friendly representative from Ridge can help you. Go ahead and do that there. So there's a lot of excitement about the all in one loan, especially, or an investor that has a GRE mindset philosophy and thinks about the opportunity of dead equity. But now that we've talked about that, tell us just quickly about some of the other products that you offer in there at ridge.   Caeli Ridge  43:23    So I think one of the real value adds for us is that we're not a one size fits all. We have an extremely diverse menu, as I like to call it, of loan programs. The all in one is at the top of a short list of my favorites. For some individuals, you got the fanniefriddies. You've got non QM, which includes DSCR, debt service, coverage ratio, bank statement loans, asset depletion loans. We have ground up construction for those that are interested in that. We have our short term bridge loans that I talked briefly about, where if you need fix and flip fix and hold, potentially, you need shorter term money, commercial loans for commercial products, commercial loans for residential in a cross collateralization way, if that is to your advantage. So as you can see, it's quite diverse.    Keith Weinhold  44:03   It's been valuable as always, and I definitely learned a few extra things that I did not know about the all in one loan myself. JAYLEE Reyes, it's been great having you back on the show, Keith. Thank you.   Now a mortgage company, of course, they have overhead and employees that they have to pay and so on. And you know, from talking with Chaley some more, I learned that they don't even make much profit from all in one loans. We wanted to discuss it together today for your benefit. However, though there are some real fees with the all in one loan, you pay points of three to 4% of the draw in closing costs only, but it's a one time fee, not every time you draw against it. She also let me know that it does not make your taxes substantially. More complicated, if you think that it can help you clear a few minutes, learn more and get hooked up with that all in one loan simulator, where they will help you through it. Big thanks to Caeli Ridge today, they really make themselves available. You can just call 855, 74, Ridge. Or if it's more your style, visit them at Ridge lending group.com Until next week, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 1  45:31   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  45:59   The preceding program was brought to you by your home for wealth, building, getricheducation.com.    

Jim cam est de retour pour sa 2e rencontre avec nous. Après avoir atteint ses objectifs de Lamborghini, comme il l'avait souhaité lors du premier épisode en 2022, il nous parle cette fois-ci de la FRANCHISE. Pourquoi la franchise est une option entrepreneuriale qui est peut considérer mais qui amène énormément de valeur et un départ accélérer pour entrepreneur. Il répond à nos questions populaires. Par ailleurs, il est venu accompagné de son responsable marketing Ronda et son collègue Kevin, fondateur de ODIN une marque de linge. ** Nous avons divisé se podcast en 2 parties. La première sur la Franchise et le 2e sur la spiritualité. Bonne écouteQu'est ce qu'on mange ? Du Pizza Salvaltoré, utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile.

Nous accueillons Manu Lemire, un consultant expert en entrepreneuriat avec 17 ans d'expérience. Il est venu pour nous donner des conseils sur les affaires. Pourquoi les entrepreneurs échouent-ils ? Quelles sont les plus grandes erreurs des entrepreneurs ? Pourquoi votre stratégie de création de contenu ne va pas fonctionner ? Pourquoi les clients ne veulent pas votre produit ? Plusieurs, mais aussi plusieurs réponses. Cet épisode est une mine d'or en conseil gratuit pour aider certains entrepreneurs à se développer.  Bonne écoute Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:06:40 - Déléguer Vs Gestionnaire 00:11:30 - La plus grande leçon de Manu 00:19:50 - Faire une offre que le client ne peux pas refuser 00:27:20 - Quel est la friction quand tu vend un produit HIGH TICKET 00:34:00 - La plus grande erreur des entrepreneurs 00:37:10 - A quel moment scalé ca business 00:41:00 - Quantité vs qualité en terme de client 00:50:00 - Toujours bon devenir un createurs de contenus en 2025 00:54:20 - Tes plateformes préférés de medias sociaux 01:06:20 - Quel business lancer en 2025 ?

Entrepreneur en série et agent de talent, Jeff Santanna. Dans cet épisode, découvrez l'art de son hustle. Allant d'un vendeur de vêtements en France jusqu'à un entrepreneur maître du marketing. Il nous partage les moments des moments de succès comme ses échecs qu'il lui on permit d'apprendre sur l'humilité. Connaissez-vous TAI TL ? Jeff nous parle de comment il a cru sur le talent des créateurs locaux et comment il a réussi à propulser le talent de TAI à l'international. Nous discutons de l'avenir pour la jeunesse ainsi que les opportunités pour les Québécois de développer la francophonie comme créateurs de contenu. Bon épisode Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:05:00 - L'esprit entrepreneurial  00:09:50 - Le street smart  00:15:10 - Quelle est ta balance de vie 00:23:20 - Succès VS Échec 00:32:00 - L'importance de ce remettre en question 00:43:20 - C'est quoi ta definition d'authenticité 00:49:00 - Informer les GENZ 00:54:00 - Avais-tu un idol en grandissant  00:57:20 - J'ai des responsabilités  01:01:30 - Mentor, Gourou, coach 01:14:50 - Inspirer la jeunesse 01:17:00 - Mon agence de talent  01:23:40 - Les opportunités dans la Francophonie

Nous vous présentons Sophie Maignan, une chasseuse de têtes avec un énorme bagage d'expérience en recrutement. Entre autres, elle a fait le saut en entrepreneuriat avec ça firme Sophistik Carrière puis elle vient nous donner le pouls du marché en 2025. Apprenez sur ça la détermination de trouver des opportunités et l'entregent nécessaire pour faire son métier. Nous discutons des red flags en embauche du point candidats et employeur. Elle nous donne des trucs pour améliorer son Linkedin. Finalement on aborde l'importance d'avoir une culture d'entreprise et les politiques de diversité et inclusions.   Bonne écoute Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:05:20 La chasse de tête 00:08:20 - Savoir être d'un individu 00:22:15 - Tu sais jamais qui va être assise a côté de toi 00:27:00 - Le hustle mindset 00:34:00 - Enseignez à hustle a ses enfants 00:38:45 - Le marché du recrutement en 2025, quoi de neuf?  00:42:00 - Les plus grands red flag que les candidats font 00:50:40 - Les failles des entreprises en recrutement 01:08:16 - L'importance d'avoir un LINKEDIN 01:23:30 - Pourquoi investir dans la culture entreprise 01:28:30 - La diversité, inclusion et égalité (DEI) dans les entreprises

Philip est de retour une 2e fois pour nous donner des nouvelles sur son cabinet en courtage d'assurance. Pour débuter, on s'est penché sur l'entrainement nécessaire pour faire des randonnées de plus de 40km. Ensuite, nous continuons notre discussion sur la différence entre une assurance pour un homme et pour une femme. Il nous partage un type d'assurance qui peut vous enrichir pour 3 générations. Finalement, il nous parle de nous livre ou il désire parler d'argent et les cultures. Un épisode avec beaucoup d'information qui vous fera contester vos assurances.  Bonne écoute. Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:05:10 - Comment je forge ma mentalité 00:08:00 - C'est quoi la routine d'entrainement 00:21:30 - Comment te prépares-tu pour une journée de HIKE 00:29:30 - J'ai ouvert mon cabinet de courtier en assurance 00:31:30 - La différence entre homme et femme pour les assurances vie et invalidité 00:36:21 - Une assurance qui couvre 3 générations 00:45:20 - L'importance d'un testament 00:53:00 - La psychologie d'argent et la culture 01:01:00 - Aidez le prochain a ce développer

Bonne année à tous et pour débuter 2025, nous avons l'honneur de vous présenter Laurence LH qui brise la glace. Si la vente, les commandites, la création de contenu et le GALA des créateurs de contenus sont des sujets d'intérêt, vous allez adorer cet épisode. Laurence possède plus de 12 ans d'expérience en vente et cofondatrice du GALA CRÉA, elle sait comment utiliser son énergie masculine pour close des deals. Elle nous donne des conseils sur comment obtenir des commandites. ElleNous discutons de la relation de la culture du Québec avec les créateurs de contenu. Finalement, nous abordons un sujet chaud, le fameux débat homme alpha et féministe. Comment comprendre les opinions tout en étant respectueux envers autrui. Un épisode super dynamique avec énormément d'actualité et d'affaires Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:03:20 - Voice vos opinions dans les médias sociaux 00:06:20 - Es-tu satisfaite d'ou tu es rendu 00:11:10 - La gestion du GALA 00:18:35 - J'ai vendu pour les ULTRA Riches 00:25:00 - Technique de vente pour close des Sponsor 00:32:00 - Modèle d'affaires d'impressions pour Sponsor 00:39:35 - Le problème dans la culture des médias au québec 00:44:00 - Comment la commandites fonctionnes avec les créateurs de contenu 00:48:20 - L'authenticité est-elle toujours présente?  00:51:00 - À quoi s'attendre de l'association des créateurs du Québec. 00:56:00 - Les subventions sont-ils des cadeaux empoisonné. 01:04:20 - Qui ont raison les HOMMES ou les FEMMES 01:13:00 - Est-ce que les femmes sont respectés a juste valeur aujourd'hui 01:17:00 - Trouvé une balance dans tout les groupes 01:21:00 - La diversité au GALA 01:34:00 - Les jeunes hommes sont-ils perdu de nos jours?  01:41:00 - Devenir une référence pour éviter que des femmes deviennent des victimes.

Nous vous présentons Gabriel Harton Routhier, un jeune courtier immobilier qui vient nous parler de ses investissements. Gab est un jeune auquel vous pouvez vous inspirez pour sa maturité professionnel de son âge mais avec un sens d'humour qui rend une conversation amusante. Il nous raconte ses anecdotes de locataires. Des trucs qu'il a développé avec le temps et aussi de la façon qu'il emploi ses médias sociaux pour se démarquer des autres.  Bon épisode Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:05:00 - Cadeau de Noel pour Gab 00:07:35 - Comment se préparer pour du hike  00:21:50 - Le Québec n'est pas assez reconnaissant  00:26:00 - J'ai été élevé a ne pas prendre rien pour acquis 00:37:50 - Comment t'ai tu intéressé à l'immobilier a si jeune age 00:43:00 - Mon locataire est le plus EPIC et bizarre 00:55:00 - Mon truc pour choisir de bons locataires. 01:04:00 - Je veux profiter du temps avec PARENTS 01:09:00 - Mon humour dans mes médias sociaux 01:13:00 - J'ai une vidéo controversé qui FACHE

Si le succès et l'argent sont mal vus, imaginez le faire en étant une femme. Je vous présente Stéphanie Bélanger, une femme entrepreneur et designer intérieure à succès. Elle est disciplinée, audacieuse, elle sait ce qu'elle veut et vous ne pouvez pas l'arrêter. Elle est participante dans l'émission VIE DE RÊVE sur Crave TV. Dans cet épisode, nous découvrons qui est elle. Elle raconte son enfance ou elle a trouvé ça la discipline grâce au sport. Son parcours de comment elle est devenue designer d'intérieur. Nous découvrons une de ses passions pour les animaux et finalement nous parle l'émission.  Soyez inspiré avec Stephanie, bonne épisode. Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:04:40 - Le design interieur selon Stephanie 00:06:45 - Markting des 5 senses 00:14:01 - Mettre ca tête sur OFF 00:20:40 - Je ne veux pas PERDRE le contrôle de la qualité alors j'ai… 00:23:16 - Mon histoire quand j'était dans l'équipe ÉLITE de natation du Canada 00:31:49 - La triste réalité de certain MILLIONNAIRES 00:34:00 - La VIE n'est pas ROSE 00:41:40 - J'ai annoncé a mes parents une grave nouvelle 00:43:53 - Ma première opportunité en Design Intérieur 00:48:10 - Des projets AWKWARD d'homme/femme 00:55:50 - Société Matérialiste 01:05:00 - J'ai touché une clôture électrique 01:06 :00 - Je veux sauver les ANIMAUX 01:11:30 - LA VIE DE RÊVE 01:21:20 - Qu'est-ce que jeune Stephanie pense de toi aujourd'hui

Voici l'histoire de Marc Dumaime. Après avoir échappe à un mode de vie de débauche, Marc se réinvente et découvre son pourquoi ! Il veut aider les gens à s'épanouir et découvrir leur vrai potentiel de vie. Son histoire va vous inspirer a vouloir faire pareille. Il nous raconte ses débuts, son parcours et interroge notre animateur sur ses blocages de vie. Un épisode facilement consommable avec des conseils de vie que n'importe qui peut adopter dès maintenant.  Bonne écoute. Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:04:50 - Pourquoi on met autant de pression 00:11:50 - Je suis un Saboteur Intense s'appelle Jean-guy 00:16:00 - La chasse au proie 00:21:20 - Les gens qui tirent vers le BAS 00:23:40 - Quel type d'enfant étais-tu  00:29:00 - Ton expérience la plus obscure 00:39:25 - La PENSÉE la plus toxique de l'être humain 00:42:20 - Le PERSONAL BRANDING est la clé 00:49:30 - Les DÉMONS de REY 00:56:00 - Être une bonne personne 

De temps en temps on rencontre des gens avec des histoires exceptionnel, mais dans le prochaine épisode, nous allons découvrir Sarah Taveras, une jeune femme entrepreneur avec une énergie passionnante. Elle quitte son emploi de courtier immobilière et se lance dans cette aventure de stylismes culinaire. Son but ? Rassembler les gens avec la nourriture. Dans cet épisode elle nous partage son histoire inspirante et ca vision culturelle. Provenant du milieu de la restauration, elle nous partage aussi des tabous qui lui tienne au coeur. Nous abordons des sujets de mariages, plus de culture. Pour en finir, nous plongeons dans les souliers d'une femme Latina et ca vision de la femme moderne.  Un épisode riche en culture, découverte, rire, passion et émotions.  Bonne écoute. Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:03:40 - Commande SPECIALE Grazing Mesa 00:06:00 - L'hospitalité dans les cultures  00:11:00 - Cest quoi ta balance de vie  00:14:10 - De courtier immobilière à Styliste Culinaire 00:20:00 - Ton PREMIER GROS projet 00:25:30 - Rassembler les gens avec la nourriture 00:28:00 - C'est quoi tes MENUS 00:32:30 - Les défis de travailler avec des gens externe    00:39:00 - LES COLLABORATIONS dans le monde culinaire 00:45:30 - Le cadeau parfait pour les COURTIERS 00:49:00 - On donne pas assez de crédit à la RESTAURATION  00:53:30 - Le CAS FERRERA et les RÈGLEMENTATION 00:57:40 - Devrait-on abolir les TIPS dans les restaurants ? 01:06:00 - Charger pour son MARIAGE ? 01:10:15 - Les Libanais, Italien, Armenien font les Meilleurs Mariage 01:13:10 - La FEMME LATINA dans le monde des Affaires 01:25:00 - La definition de la FEMME ALPHA 01:38:15 - Qu'est-ce que PETITE SARAH pense de GRANDE SARAH 01:46:30 - Quel est ta philosophie de vie 

Bienvenue à DJ Blaze, une connaissance de longue date. Un DJ à avoir brisé plusieurs glaces dans la scène de Montréal et nous parlons de ses débuts. En fait, DJ Blaze ne pensais même pas devenir DJ. Éducateur à temps plein de jour et DJ de soir, comment il réussit à balancer et quels sont les côtés obscurs du métier ? Joignez-vous à notre conversation nostalgique sur le nightlife de Montréal il y a 15 ans. Finalement, nous avons manqué de temps, mais une 2e partie sera consacrée à parler de la JEUNESSE. Une super conversation amusante et dynamique dans la culture latine de Montréal. Merci à notre partenaire SHOP SANTÉ pour encourager nos discussions. Si vous avez besoins de supplément pour  une meilleure balance de vie, magasiner en ligne chez www.shopsante.ca. Utilisez le code promo REY pour 10% de rabais en ligne. Qu'est ce qu'on mange ? Du Pizza Salvaltoré,  utilisé le code promo YSP pour recevoir 10% sur votre commande en ligne sur le site web https://salvatore.com/ ou sur l'application mobile. 00:02:20 - Allons-nous te voir plus dans les podcast 00:06:20 - Love et anecdotes de notre communauté 00:10:00 - Pourquoi il faut donner des compliments aux créateurs 00:15:00 - Anecdote de Sour Patch 00:17:00 - Comment balancer la vie d'un Educateur et DJ 00:30:00 - Révélation sur la vie personnel de Blaze 00:35:55 - J'ai appris la vie à la dur 00:41:40 - J'ai mauvaise relation avec mon alimentation  00:51:00 - Comment as-tu commencé DJ au secondaire 01:05:40 - histoire du BOULEVARD 44 01:12:30 - Mon choix de carrière 01:21:00 - Les premiers COLLECTIF de DJ de MTL  01:25:30 - Comment est né FRIKITON 01:33:30 - Notre société de contenu à 0 SUBSTANCE 01:44:00 - Est-ce qu'il y a une UNION latina à MTL ?  01:48:00 - LE PREMIER LATINO …. 01:55:55 - Peut-On arrêté le HATE 02:00:00 - SANTIAGO parle de la jeunesse 02:06:00 - Nous allons ouvrir les portes pour nos PROCHAINS 02:13:00 - Discussions sur PART 2 concernant les JEUNES de MONTREAL

Ça fait 4 ans, semaines après semaines que YSP publie du contenu sans arrêt. Dans ce podcast Rey s'asseois avec Santiago (technicien Blk Box) pour discuter les leçons de création de contenu et comment avoir du succès.  Averisssement, ce podcast contient énormément de conseil sur comment monétiser son contenu. À vos risque et péril. 00:01:00 - Shoutout aux sponsors 00:12:39 - Devrait-on aller sur TWITCH? 00:15:00 - Idée de REBRANDING et 4 ans de contenu  00:19:30 - Comment j'ai close mon premier BRAND DEAL de podcast  00:25:30 - Faire du placement produit qui à du succès 00:29:16 - Voici la CLÉ des relations avec les sponsors 00:31:20 - Influenceur VS Ambassadeur 00:36:00 - Comment les GENZ peuvent passer à l'action  00:39:35 - Le plus ÉCHEC des gens qui se lancent  00:44:40 - Comment LE AI va influencer l'avenir des GENS 00:48:08 - Pourquoi L'être humain va se détériorer à cause du AI  00:51:30 - Vivre dans l'INCONFORT 00:54:09 - Changer votre comportements pour avancer dans la VIE 00:56:30 - VENDRE est la qualité que tout le monde doit MAITRISER 00:58:30 - Une FORMATION pour les CRÉATEURS de CONTENU 01:01:50 - NE jamais prendre NON comme réponse 01:05:30 - Comment réduire ca marge d'ERREUR 01:08:20 - Pourquoi AVOIR un MENTOR 01:11:20 - Travail FORT que tu ne dois plus t'INTRODUIRE 01:13:50 - Mot de la FIN   01:14:11 - Comment Monétiser votre CONTENU

Efraín Rodríguez, autor de "Decidí ser Padre", psicólogo y terapeuta familiar, nos comparte su experiencia y conocimientos en la crianza consciente. Exploraremos los desafíos y alegrías de ser padres, descubriendo herramientas para fortalecer el vínculo con nuestros hijos y cultivar relaciones familiares armoniosas.  Acompáñanos en este viaje de autodescubrimiento y crecimiento personal para convertirnos en la mejor versión de nosotros mismos como padres. Escúchalo en este nuevo episodio de YSP, el Podcast.

En este episodio, exploramos el profundo impacto que los gritos pueden tener en los niños, tanto a corto como a largo plazo. Descubre cómo esta forma de comunicación puede afectar su desarrollo emocional y autoestima, y aprende estrategias efectivas para mejorar la convivencia familiar. Escuchar este episodio te brindará herramientas valiosas para criar a tus hijos en un ambiente más armonioso y positivo. No te lo pierdas, el bienestar de tus hijos está en tus manos. Solo en YSP, el Podcast.

En el episodio de hoy, abordamos los negativos y dañinos efectos de exigirle en exceso a nuestros hijos. Analizamos cómo la presión constante puede generar ansiedad, baja autoestima y un miedo paralizante al fracaso en los niños. Además, discutimos la importancia de fomentar un ambiente de apoyo y comprensión, donde los pequeños puedan desarrollar su potencial de manera saludable y equilibrada. Acompáñennos mientras exploramos estrategias prácticas para evitar estas situaciones y promover el bienestar emocional de nuestros hijos. Escucha este episodio de YSP, el Podcast.  

¡Descubre cómo puedes sembrar semillas de responsabilidad financiera en tus hijos! Este episodio de YSP, el Podcast, te guiará en el viaje hacia enseñarles la importancia del ahorro y la gestión inteligente del dinero desde una edad temprana. ¡Acompáñanos y juntos construyamos un futuro financiero sólido para tus hijos! Esta información es traida en conjunto a @oriental_bank  

We meet artist Leilah Babirye to discuss her inspiring multidisciplinary practice, her major solo show at Yorkshire Sculpture Park and new sculptures in the Venice Biennale 2024. Transforming everyday materials into objects that address issues surrounding identity, sexuality and human rights, the artist fled her native Uganda to New York in 2015 after being publicly outed in a local newspaper. In spring 2018 Babirye was granted asylum with support from the African Services Committee and the NYC Anti-Violence Project.Composed of debris collected from the streets of New York, Babirye's sculptures are woven, whittled, welded, burned and burnished. Her choice to use discarded materials in her work is intentional – the pejorative term for a gay person in the Luganda language is ‘abasiyazi', meaning sugarcane husk. “It's rubbish,” explains Babirye, “the part of the sugarcane you throw out.” The artist also frequently uses traditional African masks to explore the diversity of LGBTQI identities, assembling them from ceramics, metal and hand-carved wood; lustrous, painterly glazes are juxtaposed with chiselled, roughly-textured woodwork and metal objects associated with the art of blacksmithing. In a similar vein, Babirye creates loosely rendered portraits in vivid colours of members from her community. Describing her practice, Babirye explains: “Through the act of burning, nailing and assembling, I aim to address the realities of being gay in the context of Uganda and Africa in general. Recently, my working process has been fuelled by a need to find a language to respond to the recent passing of the anti-homosexuality bill in Uganda.”For her Yorkshire Sculpture Park solo, Babirye spent the summer of 2023 at YSP making a clan of seven larger-than-life-size figures in wood and five coloured ceramics. Supported by YSP's technical team, the seven sculptures were carved using a chainsaw and chisels from trees that had reached the end of their life on site. The artist describes being guided by the wood itself, sketching the initial forms directly onto the sectioned tree for carving. Once carved, the figures are refined and their surfaces sanded to highlight the grains of the tree. The sculptures are then burned a deep black, the charring once used to make the works ‘disappear' but which is now a gesture of celebrating their beauty. Details of the sculptures are treated with a blowtorch before the surfaces are carefully waxed to acknowledge the skin of the piece and the tree from which it came. The final stage is one Babirye calls ‘taking the girls to the salon', in which found elements complete the sculptures, including bicycle chains, nails and copper from a dismantled boiler, as well as redundant stainless steel teapots.Follow @BabiryeSculptor and @YSPsculptureVisit: https://ysp.org.uk/profile/leilah-babirye Leilah Babirye: Obumu (Unity) runs at Yorkshire Sculpture Park until Sunday 8th September 2024.https://ysp.org.uk/whats-on/exhibitions/leilah-babirye-obumu-unityHer work is also part of the Venice Biennale 2024Thanks to YSP, Stephen Friedman Gallery and Gordon Robichaux. Hosted on Acast. See acast.com/privacy for more information.

En este episodio, exploramos estrategias para fortalecer el vínculo emocional entre padres e hijos, abordando cómo la comunicación abierta, la comprensión empática y el perdón pueden prevenir el distanciamiento en la adultez. Analizamos cómo resolver conflictos, fomentar un ambiente de confianza y nutrir una relación sólida desde la infancia para construir cimientos duraderos de amor y apoyo familiar. Escúchalo en YSP, el Podcast. 

¡Descubre cómo proteger a tus hijos de los desafíos riesgosos de TikTok! En nuestro próximo episodio del podcast, te proporcionaremos consejos prácticos y estrategias efectivas para mantener a tus hijos seguros en línea y evitar que participen en desafíos peligrosos. ¡Aprende cómo iniciar conversaciones abiertas sobre seguridad en internet y cómo establecer límites saludables para proteger el bienestar de tus seres queridos!  No te pierdas este episodio crucial para padres preocupados por la seguridad de sus hijos en el mundo digital. Solo en YSP, el Podcast.

En nuestro más reciente episodio del podcast, te invitamos a descubrir una variedad de técnicas altamente efectivas para fomentar la seguridad y la confianza en tus hijos. Exploraremos detalladamente estrategias prácticas respaldadas por consejos expertos, diseñados específicamente para ayudarte a crear un ambiente en casa que promueva el apoyo y el empoderamiento. No dejes pasar esta oportunidad de unirte a nosotros en este fascinante viaje hacia el crecimiento y la fortaleza de la autoestima de tus hijos. ¡Desarrolla tu mejor versión como PAPÁ o MAMÁ con YSP, el Podcast. 

Indisponer a los niños con tu ex pareja puede tener efectos devastadores en su bienestar emocional y desarrollo. Exponerlos a conflictos constantes o hablar mal del otro progenitor puede generar confusión, ansiedad y sentimientos de culpa en los niños. Es crucial recordar que, a pesar de las diferencias entre los adultos, los hijos necesitan mantener una relación sana y positiva con ambos padres para prosperar emocionalmente. En este episodio de YSP, el Podcast, te explicamos cada uno de los negativos efectos que puede tener esta situación para tus hijos.           

En ocasiones y a veces hasta de manera inconsciente comparamos a nuestros hijos con sus hermanos, los amigos, los primos y hasta con los vecinos. Sin embargo, no nos percatamos del efecto que estamos provocando en ellos. Desde crear inseguridades hasta bajarles su autoestima, las comparaciones pueden afectar el desarrollo y el carácter de los niños a largo plazo. Recordemos que cada niño es diferente y por ende no podemos esperar lo mismo de todos. En este episodio de YSP, el Podcast, te explicamos el negativo efecto que las comparaciones pueden provocar en nuestro hijos.

Según nuestros hijos van creciendo, se van enfrentando más y más a las presiones de grupo. Ya sea en la escuela, los juegos deportivos o las clases de música, los amigos y compañeros pueden conducir a nuestros hijos a cometer acciones que no van de acuerdo a sus principios o valores. En este episodio de YSP, el Podcast te ofrecemos 5 valiosas acciones que te ayudarán a minimizar las probabilidades de que tu hij@ ceda a la tentación y se mantenga firme en su criterio. 

Florian Gadsby is a bit of a phenomenon. The ceramicist currently has a new show at the Yorkshire Sculpture Park, and has also published a memoir, By My Hands, that charts his formative years with clay, including apprenticeships in the UK and, most intriguingly, Japan. Essentially, it unpicks his route to becoming a fully, fledged professional potter, while at the same time, providing tips about his thinking and process. Since he started on Instagram a decade ago, Florian has built up a social media following that can only be described as formidable. He's part of a generation that has changed the way pots, in particular, but craft, in general, can be communicated, using Instagram and YouTube as educational tools but also as a hugely effective channels for selling work. In this episode we talk about: what his studio says about him; his YSP show; selling ‘merch'; being young to publish a memoir; comparing writing to pottery; his fascination with the colour green; going to a Steiner school; deciding against university; his love of mugs and the joy of repetition; his apprenticeship in Japan; resisting the tag of the ‘Instagram potter'; the pressure of social media; and wanting his own apprentice (eventually). Support the show

Nos encanta complacer a nuestros hijos y por supuesto queremos que tengan todo lo que podamos darle. Sin embargo, hacerles regalos en exceso puede ser contraproducente y ofrecerles unas enseñanzas negativas.  En este episodio de YSP, te explicamos por qué no hacerlo, las posibles consecuencias de excedernos en los regalos y cómo prevenirlo. 

La Navidad es una época en la cual se consume mucho alimento, muchas veces en exceso. Además, se preparan muchos postres y golosinas con azúcar que si no limitamos su consumo pueden provocar que nuestros niños ganen peso de más poniendo en riesgo su salud y bienestar. En este episodio de YSP, el Podcast te decimos cómo prevenir que esto ocurra y que acciones tomar para mantener a tus hijos saludables y en buen peso no importa el periodo del año.

Los límites nos brindan la oportunidad de establecer compromisos y responsabilidad en nuestros hijos. Además, son una herramienta importante de disciplina que contribuye a crear estructura en nuestros hijos. En este episodio de YSP, el Podcast, te enseñamos cómo los límites contribuyen al desarrollo de nuestros hijos y te ofrecemos varias formas para lograrlo.

El diálogo es una de las maneras más efectivas de crear una buena relación con nuestros hijos. No sólo nos permite conocerlos más, sino que nos ayuda a conocerlos mejor. Pero a veces no sabemos cómo comenzar una conversación con nuestros niños o de qué temas hablar.  En este episodio de YSP, el Podcast te ofrecemos una manera efectiva de hacerlo a través de 5 preguntas que te permitirá hacerlo diariamente. 

Desarrollar una mentalidad financiera y de austeridad nos ayuda a mantener un mejor control sobre nuestra finanzas. Sin embargo, a pesar de que sabemos lo importante que es este tema se nos olvida desarrollarlo con nuestros hijos. Tenemos que tener claro que esto no es una materia que se enseña en la escuela y que por ende depende de nosotros para que cuando nuestros niños crezcan y les toque manejar sus finanzas sepan cómo hacerlo de manera eficiente y responsable. En este episodio de YSP, el Podcast, te explicamos la importancia de dialogar estos asuntos con nuestros hijos y cómo esto puede ayudarlos a manejar sus finanzas con éxito y contribuir a su evolución hacia la adultez.

En estos momentos el Mundo experimenta una gran ansiedad e incertidumbre ante la guerra en el Medio Oriente. Esta situación nos carga y contribuye a afectar nuestro estado emocional. Pero ante la amplia cobertura noticiosa y fácil acceso a la información nuestros niños, de igual manera, pueden preocuparse y sentir temor por la situación.  En este episodio de YSP, el Podcast, te explicamos cómo podemos hablarle a nuestros niños sobre lo que es la guerra y te damos varios consejos para prevenir la inseguridad y el miedo por la situación.

Dünyanın gözü kulağı İsrail - Filistin çatışmasında. 7 Ekim'de Hamas'ın Aksa Tufanı operasyonu ile başlayan ve İsrail'in verdiği cevap ile devam eden İsrail-Filistin çatışması yedinci gününe geliyor. İsrail ordusu, Gazze'nin kuzeyinde yaşayan 1,1 milyon kişiye 24 saat içinde Gazze'nin güneyine çekilmesini söyledi. Birleşmiş Milletler, “Böyle bir hareketin yıkıcı insani sonuçlar doğurmadan gerçekleşmesinin mümkün olmadığının” altını çizdi. Son gelişmeleri ve neler olduğunu / olacağını birazdan konuğum Cihangir İslam ile değerlendireceğiz. Yeşil Sol Parti 15 Ekim'de 4. Olağan Kongresi'ni gerçekleştirecek. Kongrede partinin ismi, tüzük ve eşbaşkanların seçilmesi gibi değişiklikler yapılacak. YSP'nin yeni isminin Demokratik Halklar Partisi (DHP) olması bekleniyor. Medyascope Muhabiri Berfin Bayır birazdan bizlerle olacak. Kongrede neler beklendiğini bizlere aktaracak. Avrupa Konseyi Parlamenter Meclisi, Gezi davasında ağırlaştırılmış müebbet hapis cezasına çarptırılan ve yaklaşık 7 aydır cezaevinde bulunan iş insanı Osman Kavala'nın derhal serbest bırakılması kararını kabul etti. Eğer Kavala, Ocak 2024'e kadar serbest bırakılmazsa Türkiye'ye yaptırımlar uygulanacak. Konuğum Ahmet İnsel bizlerle beraber olacak kendisiyle kararı değerlendireceğiz. Editör: Aliye Altınışık 13.10.2023

Los acuerdos crean compromiso, sentido de responsabilidad y cumplimiento. La DISCIPLINA POSITIVA fomenta el uso de esta estrategia para mejorar la relación con nuestros hijos y desarrollar en ellos independencia y autocontrol. En este episodio de YSP, el Podcast, te explicamos los extraordinarios beneficios de establecer acuerdos con nuestros hijos para ayudarlos en su desarrollo. 

Türkiye Büyük Millet Meclisi'nde (TBMM) Cumhuriyet Halk Partisi (CHP), Milliyetçi Hareket Partisi (MHP) ve Yeşil Sol Parti'nin (YSP) grup toplantıları yapıldı. Ankara'da Emniyet Genel Müdürlüğü'ne yapılan bombalı saldırının ardından siyasetin gündemini Medyascope Yayın Yönetmeni Ruşen Çakır, Medyascope Ankara Temsilcisi Hıdır Göktaş ve Medyascope Haber Müdürü Göksel Göksu değerlendiriyor. Radyo Televizyon Üst Kurulu (RTÜK), Ankara'da meydana gelen terör saldırısı hakkında bir programda söylenen sözlerden dolayı Halk TV ve Medya Mahallesi'nin sunucusu Ayşenur Arslan hakkında inceleme başlattı. Halk TV Yönetim Kurulu Başkanı Cafer Mahiroğlu, RTÜK Başkanı Ebubekir Şahin'in açıklamasının ardından Ayşenur Arslan'ın programının yayından kaldırıldığını duyurdu. İstanbul Cumhuriyet Başsavcılığı da Arslan hakkında soruşturma başlattı. Ayşenur Arslan gözaltına alındı. Ayrıntıları Medyascope muhabiri Ayşegül Karagöz Çağlayan'daki İstanbul Adliyesi önünden anlattı. Editör: Aliye Altınışık

El divorcio es un proceso traumático que puede cambiar significativamente la vida de nuestros hijos. En los adolescentes, estos cambios se podrían hacer más notables por la transformación que están sufriendo durante esta etapa en sus vidas. Para poder manejar los retos que le brinda un divorcio entre sus padres a los jóvenes, es importante entender cuales son los efectos y cómo atender los mismos. En este episodio de YSP, el Podcast, te explicamos.

Posiblemente, en algún momento has explotado con tus hijos al no obedecer o seguir las instrucciones. El coraje te llevó a gritarles y a decirles algo de lo cual luego, con cabeza fría, te arrepientes. En este episodio de YSP, el Podcast, te enseñamos una efectiva estrategia que te ayudará a manejar de manera correcta estos desagradables incidentes con tus niños. 

A todos nos gustan los halagos y nuestros niños no son la excepción. Sin embargo, halagar de forma excesiva puede ser contraproducente para el desarrollo de nuestros niños mientras que incentivarlos resulta positivo. En este episodio de YSP, el Podcast, te explicamos la diferencia y te dejamos saber que es lo mejor para fortalecer la confianza en sí mismos. 

Mucho se ha dicho sobre el impacto que tienen en los niños el uso de la tecnología. Pero, ¿qué reflejan los estudios más recientes? ¿Su impacto es positivo o negativo?  Es este episodio de YSP, el Podcast te explicamos los resultados que arrojó un  estudio del Instituto de Salud de Francia.

A muchos niñitos se les dificulta controlarse en los primeros días de clase ante la ansiedad por separarse de papá o mamá. Sabemos lo difícil que se hace saber que al dejar a tu niñ@ comenzará a llorar y a sentirse preocupado por el miedo a quedarse solo. En este episodio de YSP, el Podcast te ofrecemos varias consejos para manejar este proceso de una forma adecuada y reducir la carga emocional que provoca en los niños. 

El Negociado de Investigaciones Federal (FBI) estima que hay sobre 750K depredadores sexuales al asecho en internet buscando nuevas víctimas, muchas de estas niños. Por el uso masivo de los electrónicos, nuestros hijos están expuestos a este peligro y por tanto debemos tomar acción para protegerlos en todo momento. En este episodio de YSP, EL Podcast, te explicamos todas las acciones que puedes tomar para prevenirlo.