Will a slow and steady investment really beat out real estate? Heather and I take on the question of the stock market versus the real estate market as a client challenges Heather on how poorly he thinks the real estate market is doing right now.
Have you ever thought about using your IRA to buy cattle and earn “cowpital” and “bovidends”? Yeah, I know it sounds crazy, but you can do some really cool stuff with a non-recourse loan in an IRA. I talk to Mountain West IRA owner and founder Jon Galane about the stock market, the real estate market, and where the two can stampede together inside a self-directed IRA.
It’s no secret: Vacancies cost you money. Heather Marchant and I talk about all of the different strategies we’ve used over the years to creatively get and keep tenants in our apartments and houses. By approaching this problem from a math position and removing the emotion, you can reduce the common mistakes many landlords make.
Angela Thomas checks in with me today, giving me the low-down on her entrepreneurial journey. She shares how networking has helped accelerate her growth, why she reads constantly, and how breaking down tasks into small steps helps her feel less paralyzed by the work she has to do.
I know your business isn’t going to look the same tomorrow as it did two months ago. We’re in a rapidly shifting economy, but I think there could be a lot of opportunities for business leaders who are nimble enough to transition quickly to the new rules. By embracing virtual work, cutting the fat in your business expenses, and running toward marketing while everyone else is running away from it, you’re going to be able to continue making deals.
The news cycle might be a never-ending stream of negativity right now, but Heather and I can only see opportunities. If you want to come through this economic uncertainty, then you’ll want to focus on marketing, human capital, and trimming the fat in your business. Your business will be able to come out of this stronger than ever if you shift your sights on serving your customers’ needs at this very moment.
The Coronavirus has impacted the whole world in magnanimous ways and it has brought about fear in many industries and in our personal lives. The real estate industry is no exception. I talk with Heather Marchant about some of the ways this global crisis has affected the real estate industry and how people in the industry can still make money without putting others in a tighter financial pinch.
We throw around the phrase “turnkey investments” a lot, and I’m not sure we really know what that means. I talk with Heather Marchant about some of the bare minimum effort required by investors, even if they purchase a turnkey property. And I offer some suggestions for where to park your money if you’re not ready for a turnkey property.
If a deal seems too good to be true, maybe it is. But how do you know when a deal promises more than it will deliver? Heather Marchant and I lay down our hard and fast real estate rules, and also talk about some amazing deals that we passed on because they broke those rules.
If you’ve heard whispers of a new line of credit that bests the traditional HELOC, then you’ll be excited to hear from Caeli Ridge of Ridge Lending. She’s only the second lender in the country to offer this product, and she dives down deep today explaining how it works when you might want to use one, and why it could replace your checking and savings accounts.
From a tenant’s point of view, rent control sounds amazing. A stable rent that doesn’t increase despite outside market forces is attractive, especially in a growing city with an out of control real estate prices. Ron lays down the landlord’s point of view in a passionate explanation about the importance of supply and demand, and why rent control could damage the economy.
Comparing the ROI of real estate to the stock market isn’t a straight apples-to-apples comparison. Heather and I walk through all of the different benefits of real estate, including appreciation, tenants, and low-interest loans, to figure out the real ROI of real estate and why it blows the stock market out of the water every time.
In a debate of a 15-year mortgage versus a 30-year mortgage, which one will win? I talk with Heather Marchant about the huge advantages of a 30-year mortgage and why it continues to be a superior product for real estate investment. Heather shares her own experience with purchasing real estate during a downturn, and how a 30-year mortgage can improve that situation.
Online and on social media, I’m seeing a lot of the lunatic phase of real estate. Individuals are calling other individuals out; self-proclaimed experts claim that there is no risk in real estate investing. I’m all for calling certain things out, but there’s a way to do it. That’s what I’m talking about today.
If your business is growing faster than you can keep up, you need a property manager. But what are a property manager’s duties? How often should you communicate with them? Our special guest speaker, Chad Gallagher, answers those questions and many more in today’s episode.
In the past, we’ve covered topics like how to create a culture of growth. Now we’re going to discuss the very opposite topic: toxic work environments. How do you know if your company has a toxic work culture? What can you do to change it? Spoiler alert: it all starts with you.
What would you do to get the winning lottery numbers? As far as business and living your best life is concerned, that’s exactly what Shaun McCloskey and I are offering you. On March 12th to 14th, Shaun will be hosting a three-day event to help you discover your business vision. Here are the details…
If it isn’t broke, don’t fix it. We’re hosting our second lightning round Q&A with brand new questions! Can you use your 401k to buy real estate? And what do you need to know about 10 31 exchanges? We’re going to answer as many as your questions as possible, as quickly as possible!
No matter how many times we say it, people still expect to jump into the real estate business and have an easy time with it. So today we’ve got Eric Brewer on the show – not only is he at the top of his game and building a real estate empire, but he knows better than anyone how much effort it takes to get (and stay) at the top.
In our previous episode, we talked about the lack of financial literacy in American citizens. Now we’re going to give you solutions to better your understanding of personal finances, taxes, and how to talk to your children about money so that they don’t have to learn about debt the hard way.
How is it possible that a college student can graduate with a degree, but then spend the rest of their life paying off student loans? How can families compile massive amounts of debt? Today, we’re going to talk about why so many are so uneducated about this topic, and what we need to do to change that.
Who wouldn’t want a vacation home on the beach? In a dream world, you could take as many vacations as you wanted and could earn your money back at the same time. But we aren’t here to fill your head with delusions; here’s the truth on vacation homes, and if they’re really the best investment for you.
It’s finally time for our very first lightning round episode! For weeks our listeners have been sending in their questions, and now we’re going to answer as many of them as possible, and as quickly as possible.
In continuation of the previous episode, we’re going to talk about what happens once you leave your job to go start your own company. Do you have what it takes to get a brand new business up off of the ground? Luckily, we know someone who is going through this process right now – today, we’re interviewing Angela!
Breakups happen every day. Eventually, it’s time for an employee to move on and do their own thing; especially if you’ve got an entrepreneurial-minded person on your team. But don’t let this hinder you from hiring an entrepreneur in the first place; it could come back to haunt you. Today, we’re going to explain why.
If you’ve ever wanted to be even mildly successful at something, you are going to be faced with adversity. When Ron broke four of his fingers six weeks ago, he hit a wall in his workout routine. He became sluggish, and what was once a morning routine started to affect his whole day. Ron had to burst out of his slump and find a new way to work out – and he did! Find out how in today’s episode.
Once you become an investment property owner, you need to be prepared to make the tough calls. What do you do if your tenant is late on this month’s rent? What extra expenses are a must, and which ones aren’t necessary? We’ll answer these questions and more!
When you put your first investment property under contract, your immediate reaction will be to panic. If you don’t get your fear under control then you’re going to suffer a lot of sleepless nights, and you’ll waste money. That’s why we’re here to look at this whole process as logically as possible, and prepare you for whatever you might come across.
We’ve spent a lot of time talking about how to set down a path for success and achieve your dreams.Today, however, we’re going to branch off of that and discuss what obstacles will try to block your path – and how to overcome them.
Tenant turnover costs property owners money. You lose a month’s rent at a minimum while looking for another tenant and doing minor repairs. Learn tactics for avoiding turnover on this podcast. To start, find good tenants. If in a market flooded with similar vacancies, give an incentive for choosing yours. Be responsive to repair requests. You know this stuff, but it’s good to get a ‘booster shot’ from the pros.
