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Get Real Podcast

A refreshing look at the good, the bad… and the crazy challenges business owners face while building a profitable business and a beautiful life. Real estate investing power-preneur Ron Phillips pulls back the curtain, cuts through the hype – and helps you Get Real about success.
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Episodes

#189: How Life Insurance Can Make You More Money - Chris Miles

In today's episode, we have Chris Miles, who will help us share his ideas on how producing passive income and cash flow allows you potentially keep up with inflation. If you want to know more, you should keep listening! WHAT YOU’LL LEARN FROM THIS EPISODE Can permanent life insurance help you fight inflation? Understanding the average cost of a life insurance policy How to use your life insurance to invest in real estate? Things to keep in mind when getting life insurance Creative ways to design...

Aug 08, 202236 min

#188: Economic Depression's Impact on Home Prices and Real Estate Returns

Today, Ron and Heather provide the most recent and reliable information on home pricing, current market conditions, and the many returns that real estate can provide. Don't miss an episode if you want to be sure you grasp everything going on in the newest real estate! WHAT YOU’LL LEARN FROM THIS EPISODE The truth about current home prices Real estate vs. the stock market Are we really in a recession? The major returns that real estate provides How to validate news headlines and Market conditions...

Aug 01, 202235 min

#187: Fears of Real Estate Ownership and the Importance of Deal Terms

If you want to understand how to invest in real estate in today's market, this episode is for you! Ron and Heather discuss how to build cash-flowing assets that can withstand economic instability and overcome your worries while investing in real estate. Tune in for more exciting information! WHAT YOU’LL LEARN FROM THIS EPISODE Factors affecting mortgage rates Why should you need to have a solid loan term? Insight into the current market and how it affects our builders and sellers What should we ...

Jul 25, 202226 min

#186: Interest Rate, Inflation and Housing Supply and Demand

Ron and Heather often tell us that it is better to be knowledgeable than to be afraid of the unknown. Today's episode offers you the most relevant news that has everyone worried. Pay close attention and listen carefully to uncover the alarming truths about interest rates, inflation, the present housing market, and valuable tips on managing it all. WHAT YOU’LL LEARN FROM THIS EPISODE

Jul 18, 202226 min

#185: Housing Market Updates: Facts, Outlooks, and Strategies

In today’s episode, we’ll feature six essential pieces of information about the current housing market, plus actionable tips to help you thrive in the existing economic situation. Join us and learn how to differentiate the news from the noise so you can make informed investing decisions today! WHAT YOU’LL LEARN FROM THIS EPISODE Smart strategies for handling a volatile mortgage market Factors that affect home pricing and availability 5-year adjustable-rate mortgage vs. 30-year fixed mortgage His...

Jul 04, 202230 min

#184: Section 8 Tenants And Airbnb: Benefits And Drawbacks

In today's episode, Ron and Heather stress the importance of educating listeners about the benefits and pitfalls of Section 8 and Airbnb rental investments, especially given the changing market conditions. Listen in to learn about the most recent market forecasts for these investment opportunities. WHAT YOU’LL LEARN FROM THIS EPISODE Pros and cons of Section 8 tenants Is hiring a property manager for Section 8 housing necessary? What are the advantages and disadvantages of Airbnb? How to properl...

Jun 27, 202226 min

#183: What Investors Anticipate In Today's Market Dynamics

Join us in today's episode as we discuss the influence of the shifting real estate market on buyers and sellers, among other topics. If you want to make your real estate business profitable, don't miss this show! WHAT YOU’LL LEARN FROM THIS EPISODE What is the current state of the real estate market? Seller’s market vs. buyer’s market Why real estate investment is viable in today's shifting market How do hedge funds make trades? Considerations to make when raising your unit rent CONNECT WITH US:...

Jun 20, 202239 min

#182: Qualified And Nonqualified Mortgages - Brendan Kolesar

Do you want to learn how to save money by refinancing your mortgage? In today's episode, Brendan Kolesar, a mortgage loan expert, provides us with helpful business advice on better alternative loan servicing options for purchasing properties and modifying mortgages to match your goals. Keep an eye out for further about the mortgage rate forecast! WHAT YOU’LL LEARN FROM THIS EPISODE How does rising interest rates affect the mortgage loan industry? Alternative mortgage financing options Debt Servi...

Jun 13, 202226 min

#181: The Book Value Of An Organization

In today's episode, we'll go through how to keep track of your transactions and which strategy is best for your real estate business. Stay tuned in and be consistent to find out what your profit margin is! WHAT YOU’LL LEARN FROM THIS EPISODE Exceptions to consider when working with a balance-sheet partner Accrual vs. cash basis accounting Why is it important to understand market rent? Things to remember when assessing deals How do you conduct financial due diligence and why is it valuable? CONNE...

Jun 06, 202226 minEp. 181

#180: Rising Interest Rates: What They Mean For Real Estate Investors

People are constantly concerned about a recession or an economic depression, but how does this affect the real estate market? Today, Ron and Heather discuss rising property prices, interest rates, inflation, investment returns, and several other topics! Keep listening to find out how this phenomenon impacts it all! WHAT YOU’LL LEARN FROM THIS EPISODE What does interest rate mean and how does it work in real estate? Cap rates vs. Cash on Cash Alternative things that can affect the real estate mar...

May 30, 202226 min

#179: Making Your Business Team Highly Productive

Today, Ron and Heather will talk about enhancing workplace equity and cultivating a culture of empowered and highly motivated individuals. If you haven't yet listened to the previous episode, now is the time and catch more insightful topics that will boost your team morale! WHAT YOU’LL LEARN FROM THIS EPISODE How to give positive feedback to employees? Simple ideas to boost your team's productivity Key performance indicators: Why they’re important and how to implement them? The value of supporti...

May 23, 202233 min

#178: Why Is It Essential To Strengthen Workplace Equality?

Have you seen an upsurge in the number of employees departing your organization? Stay tuned as Ron and Heather address the undervalued issues of neglected employees and treat them as if they were number-making machines. Stay involved and take action today to avoid future business disasters and establish basic ideas that aren't just lip service. WHAT YOU’LL LEARN FROM THIS EPISODE What does it mean to take care of your employees? How do you treat employees fairly at work? Top reason employees sta...

May 16, 202227 min

#177: Real Estate Investing Done Right In A Shifting Market

Catch today’s episode as we look back on the 2008 housing market crisis, the experiences and lessons we gained during that time, and how it applies to the current real estate market. Stay tuned to discover ways to be prepared for a market shift to keep on track with your financial and business goals. Don’t miss out on this essential investing information! WHAT YOU’LL LEARN FROM THIS EPISODE What actions should you take if the real estate market falls The effects of a prolonged economic downturn ...

May 09, 202224 min

#176: A Quick Guide To Closing And Settlement In Real Estate

A mortgage transaction involves a lot of numbers, which can be complicated to keep track of. Today's episode will cover the critical elements of closing statements, including why it is essential to double-check them before signing. Keep listening to learn investors’ common blunders in closing deals and the steps to correct them. WHAT YOU’LL LEARN FROM THIS EPISODE Why should you carefully inspect settlement papers for errors? Frequently overlooked details and issues in a HUD Additional informati...

May 02, 202223 min

#175: Why Do Landlord-Friendly Laws Matter?

For landlords and tenants alike, it's essential to keep a favorable balance for both parties, but what happens if that equilibrium is broken? Keep listening to this episode to learn about Seattle's significant rental property loss, the places where most people relocated, and why they moved there. Expand your knowledge about Landlord-friendly laws by tuning in! WHAT YOU’LL LEARN FROM THIS EPISODE Why do investors stop putting money in Seattle real estate? The market's self-correcting mechanism Re...

Apr 25, 202228 min

#174: Relevant Questions Good Leaders Ask Their Team Members

Employees and staff are important assets to any company, but they are sometimes ignored and undervalued. In today's episode, Ron and Heather discuss strong leadership, the importance of employee satisfaction in the workplace, and how they take care of their own team members. Keep listening to learn why employee engagement is critical to your company's success! WHAT YOU’LL LEARN FROM THIS EPISODE Leadership vs. management Why are one-on-one meetings with your staff so important? Good questions to...

Apr 18, 202231 min

#173: Solutions To Manage Rising Interest Rates In Real Estate

Are you concerned that rising interest rates will have an impact on your profits and properties? If so, listen in as Ron and Heather share their tried-and-true strategies for protecting your investment against inflation. Don't miss this episode if you want to hear about the real estate market outlook! WHAT YOU’LL LEARN FROM THIS EPISODE Why is it important to set fair rents? Should you take a cash reduction or not? Conforming loans vs. non-conforming loans Is it reasonable to reduce your interes...

Apr 11, 202222 min

#172: Inflation And Real Estate: How Does It Affect the Housing Market

Do you know what to expect in an inflationary economy? Listen in as Ron and Heather explain how appreciation and inflation affect rental rates, real estate investments, and the software that allows users to determine ROI quickly. WHAT YOU’LL LEARN FROM THIS EPISODE The economic and social impacts of inflation What causes inflation? Surprising truth about the ROI of under-rented properties How real estate can protect you from inflation Useful software to calculate your ROI Factors influencing ren...

Apr 04, 202229 min

#171: Real Estate Math: How To Determine Your Property's Equity

Should you sell or rent out your property? Join us as Ron and Heather explain to you how to calculate your return on investment and equity, whether you decide to sell your property, and the fantastic software that will make your ROI calculation easy. WHAT YOU’LL LEARN FROM THIS EPISODE What you need to know about your equity Return on investment vs. return on equity The important things to consider before selling your property When should you do a 1031 exchange? Helpful software to determine mar...

Mar 28, 202232 min

#170: Interesting Facts When Investing Across The Country

Today's discussion focuses on questions about investing in various states and self-managing your business. Ron and Heather discuss investment strategies and some of the passive and active investing fundamentals. Check it out! WHAT YOU’LL LEARN FROM THIS EPISODE Pieces of information about self-management that will surprise you Issues with self-control and micromanaging Key fundamentals in owning properties remotely Why you should be cautious of avalanches Why is it preferable to own property out...

Mar 21, 202220 min

#169: Real Estate Deals: The Good And The Bad

When Ron and Heather receive deals from clients, they are frequently asked whether they are good or bad. Pay attention to this episode to help improve your deal-handling skill. Great stuff ahead! WHAT YOU’LL LEARN FROM THIS EPISODE What is good and bad in a deal Why everyone should always check the numbers when getting on a deal Things that are frequently overlooked when it comes to handling taxes What syndicators need to understand on deals Creating depreciation as a motivator CONNECT WITH US: ...

Mar 14, 202222 min

#168: Reminiscing The 2007-2008 Financial Crisis

Prepare to travel back in time and grasp great nuggets with Ron and Heather as they discuss, exchange ideas, and compare the 2007-2008 market crash to the current market situation. WHAT YOU’LL LEARN FROM THIS EPISODE How did the previous market crash affect the current market situation? The effect of mass migration from one state to another in 2021 What investors should know about the economic crisis The existence of Pro forma The advantages of having your mortgages now RESOURCES FROM THIS EPISO...

Mar 07, 202236 min

#167: The Resources To Evaluate When You’re Ready To Take On Another Property

How do you know when it's the right time to buy another property? In today's episode, Ron and Heather answer questions from the Facebook group about what to look for and what to do when purchasing a new property for your portfolio. WHAT YOU’LL LEARN FROM THIS EPISODE Why do you need to have a plan in place? The importance of having Reserves How you should start investing in real estate Overview of a wealth plan that works Reasons why you should be buying a lot of property RESOURCES FROM THIS EPI...

Feb 28, 202228 min

#166: The Pros And Cons Of Achieving Early Retirement

Ron and Heather went live on their Facebook group and had a great conversation with the viewers about the advantages of early retirement. Explore and find out what it takes to achieve financial freedom and whether it's something you want to pursue at an early stage. WHAT YOU’LL LEARN FROM THIS EPISODE Why you should not retire alone How to approach friends and relatives about your success? Platforms and ways to give and share your accomplishments How close are you to being financially free? The ...

Feb 21, 202228 min

#165: Clients’ Expectations On Market Shift And Interest Rates Going Up

Ron and Heather went live on Facebook and had a fantastic conversation with listeners regarding market movements and the rising of inflation. Listen in as they discuss the effects of inflation and the rapid increase of interest rates with the listeners. WHAT YOU’LL LEARN FROM THIS EPISODE What to look for in the coming inflation wave and how to prepare for it? Why should you get a cash-flowing asset? Inflation-related factors that have a significant impact Ways to consider if the property is ove...

Feb 14, 202243 min

#164: Self-Directed IRAs Made Simple - Jon Galane

Have you figured out how to make the most of your retirement savings account? Dive into this episode with Jon Galane as he discusses Self-Directed IRAs and 401ks and how to invest with them, as well as insights into how loans work interestingly. WHAT YOU’LL LEARN FROM THIS EPISODE Self-directed IRA’s in a nutshell A law that exists only inside IRAs and 401k’s Cool deal about loans and how to apply them Why you should invest now with self-directed IRA’s What is happening now in the market and ren...

Feb 07, 202237 min

#163: Property Values In 2022: What To Expect?

What should we be doing with our property values and our business? Listen here, as Ron and Heather talk about ways to expand your rental portfolio while also dealing with the issues that come with real estate. Learn more about how to invest wisely. WHAT YOU’LL LEARN FROM THIS EPISODE One thing everyone should be doing this year Why checking the value of your property is important The biggest challenge to finding right now The benefits of planning ahead and tips for smart investing Learn and take...

Jan 31, 202228 min

#162: The Blueprint To Financial Protection - J.J. Childers

Do you plan to incorporate a property into an LLC, and are you aware of the liability protection? Take some notes as J.J. Childers ensures that everything is in place for you to effortlessly follow and benefit from everything he has in store for you. Tune in to get your hands on some gold nuggets! WHAT YOU’LL LEARN FROM THIS EPISODE Why do investors put properties into an LLC? Understanding the concept of piercing the corporate veil How does an entity conduct a business? Difference between Trust...

Jan 24, 202231 min

#161: Masterclass Takeaways And Feedback

Have you enrolled in the Masterclass on Scaling To The Next Level? Listen here, as Ron and Heather offer some of the course's feedback, insights, and the most amazing gems from it. WHAT YOU’LL LEARN FROM THIS EPISODE Why is it important to know where your finances and your assets are? Take the time to look at your vision in life Understand how to take care of problems Benefits of an accelerated course Identifying what the audience found valuable RESOURCE FROM THIS EPISODE Scaling To The Next Lev...

Jan 18, 202224 min

#160: How To Defer Taxes and Get Better Returns - Scott Saunders

Today's topic is a terrific opportunity for everyone to learn more about 1031 Exchange. Dive in as Scott Saunders discusses the best ways to tailor your 1031 exchanges and how you should be handling them. WHAT YOU’LL LEARN FROM THIS EPISODE When was the 1031 Exchange first established? Mistakes handling 1031 Exchange Strategies to take advantage of with 1031 Exchange Ways to look for a Qualified Intermediary Three things to consider when you don’t conduct a 1031 Exchange ABOUT SCOTT SAUNDERS Sco...

Jan 10, 202240 min
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