Real Wealth Show: Real Estate Investing Podcast

Out-of-State Rentals: How One Young Couple Hit a 30-Year Goal in Just 15 Years!

How would you like to reach your financial goals in half the time you planned?  Our guests today are doing just that. Sophie bought her first rental property when she was just 23 years old, thanks to having a Mom who encouraged her to buy real estate.  Sophie's husband Ben didn't know much about real estate when they got married, but they both had MBAs, and both worked at Northern California tech companies making a great income. They ended up with two rental properties in the Bay Area that didn't cash flow. In this episode, Sophie and Ben share how they used those negative cash flow properties to build a cash flow machine by investing out-of-state. They say they've reached their financial goals 15 years earlier than they had planned.  You can learn more about doing this for yourself by joining RealWealth. You’ll find plenty of free educational material on our website. Our investment counselors can also refer you to experienced property teams who can help you get started in real estate. And please remember to subscribe to this podcast and leave us a review! Thanks for joining me on The Real Wealth Show! Kathy Fettke

How to Not Lose Money as a Passive Investor: 8 Red Flags!

The dream of being a passive investor is turning into a bit of a nightmare for some people who invested in commercial real estate. They are getting bitten by higher interest rates, slow rent growth, and dramatically higher costs for rate caps and insurance. A 229-unit apartment complex recently foreclosed in Houston, making headlines across the country and leaving hundreds of investors at a total loss. How can investors be more prepared moving forward?   In this episode, you’ll hear from Whitney Elkins-Hutten on the eight deal breakers that limited partners should be looking for when they work with an operator or for any kind of real estate deal. Whitney is the Director of Investor Education at PassiveInvesting.com and a partner in $800+ MIllion in real estate. Her investments include over 6500+ units in residential housing (single-family, multi-family, manufactured housing, and assisted living), seven express car washes, and more than 2200+ self-storage units across 11 states. She also has experience flipping more than $5 Million in residential real estate.   The content of this interview is why I love my single family rental fund. We are raising cash, buying with cash, renovating with cash, increasing values, and refinancing if we get a really good rate with a fixed term. All in an area experiencing job and population growth with high demand for housing. You can find out more at GrowDevelopments.com.   Be sure to join RealWealth for full access to our educational material and our investment opportunities. We also encourage all listeners to subscribe to this podcast, and leave one of those sparkly five-star reviews!    Thanks for joining me here on the Real Wealth Show! Kathy Fettke

Part II of II - Apartment Investor Challenges with CRE Lender James Eng

In Part II of my interview with James Eng, the conversation continues about the commercial real estate correction that we’re already starting to see. In this half of the interview, James will dig in a little deeper into how the foreclosure of a $229 Million multifamily Texas portfolio is just the first domino to fall, and what he expects to see in the coming months. James has more than 17 years of experience in commercial real estate lending, and is currently the National Director for Old Capital. He started his career as an underwriter at GE Capital Real Estate and joined Old Capital in 2014. He has worked with hundreds of investors to help them acquire over $1.5 Billion in multifamily properties totaling over 20,000 units nationwide. In addition to financing multifamily, he has invested in over 10,000 units as a limited partner in nearly 40 properties in Texas. Often called "The Professor" of Multifamily Financing, James has produced hundreds of hours of educational multifamily content on YouTube. He received his finance degree from University of Texas at Austin and resides in Dallas-Fort Worth with his wife and three boys. LINKS Contact James Eng at https://oldcapitallending.com Join RealWealth here. Subscribe to the Real Wealth Show here. For more information on Kathy's Single-Family Rental Fund, go to: GrowDevelopments.com. Follow Kathy Fettke on Instagram.  Purchase Kathy Fettke's book, 'Retire Rich with Rentals' on Audible

Part I of II - Apartment Investor Challenges with CRE Lender James Eng

A $229 Million multifamily portfolio was just foreclosed on in Houston, Texas. It’s the first of what could be similar foreclosures in the commercial real estate industry. And there's a good chance some of our listeners were invested in that portfolio or another one facing the same fate. If you are a multifamily investor, either passive or active, you'll get some great advice in this episode on how to navigate the current commercial real estate environment.  You’ll hear from Old Capital National Director James Eng. He’ll explain why commercial real estate could be facing a massive reckoning, especially for investors who took out bridge loans. In Part One of this interview, you’ll get his take on interest rates and the impact on commercial lending. In Part Two, you’ll hear more about what he thinks will happen in the months to come.  James has over 17 years of experience in commercial real estate lending. He started his career as an underwriter at GE Capital Real Estate and joined Old Capital in 2014. He has worked with hundreds of investors to help them acquire over $1.5 Billion in multifamily properties totaling over 20,000 units nationwide. In addition to financing multifamily, he has invested in over 10,000 units as a limited partner in nearly 40 properties in Texas. Often called “The Professor” of Multifamily Financing, James has produced hundreds of hours of educational multifamily content on YouTube. He received his finance degree from University of Texas at Austin and resides in Dallas-Fort Worth with his wife and three boys. Don't forget to subscribe to the podcast and if you like the show, please leave a review! Join RealWealth today at www.RealWealthShow.com. And for more information on Kathy's Single-Family Rental Fund, go to www.GrowDevelopments.com  

How to Overcome Subconscious Blocks to Real Estate Success

Why are some people able to reach levels of wealth at a faster pace than others? It may have something to do with their mindset, or their ability to overcome internal blocks.    Normally, I interview people on their journey to creating wealth so that we can learn from their experiences. But today, we are going to dive into the deeper stuff: The subconscious thoughts that often control our decision-making process, which may lead us astray from our wealth-building goals.   In this episode, you’ll hear from Alecia St. Germain. She’s a Certified Immunity to Change Coach and the founder of The Conscious Edge – a leadership and personal development company focused on empowering female entrepreneurs.   She began her real estate journey in her late teens and 20’s wholesaling probate properties with her mother. She then moved on to mobile home investing in the state of Ohio. After seeing so many women in the real estate industry unconsciously sabotage their own success because of inner conflicts about wealth and their role in the business world, she moved into the personal development side of things as a coach.   Alecia has now helped more than 10,000 entrepreneurs with strategies and tactics that help them uncover and transform their unconscious blocks so they can confidently make money, reclaim their time, and step boldly into their role as leaders.   You will find Alecia at the upcoming InvestHER CON 2023. It’s happening May 18 & 19 in Scottsdale, Arizona. You’ll find details at therealestateinvestorher.com/investhercon   If you're interested in joining my mastermind for high-level female entrepreneurs, check out my website kathyfettke.com for details.    If you haven’t yet joined RealWealth, you can become a member for free at realwealthshow.com. And we always ask that you subscribe to our podcast, and please leave a review!    Thanks for listening! Kathy Fettke  Follow me on Instagram!    

4.75% Rates? Find Out How & Where RealWealth Members are Investing Today!

We are excited to announce two new markets for rental properties and an investment loan that you may be able to get for under 5%! RealWealth helps investors find and purchase properties in 16 markets that offer a variety of residential rental properties including single-family rentals, short-term rentals, and small multi-families that are both rehabbed and new. In this episode, you’ll hear from the Director of our Real Wealth Realty, Leah Collich. She will share what she’s doing as an investor and what she’s seeing many of our RealWealth members doing. You’ll also hear about our property tours and how that can help you make a decision on where and what to buy.  Leah began investing in real estate in 2010 and became a RealWealth member in 2017 in order to expand her portfolio into five new markets while living overseas. While she enjoys the creative outlet of flipping, she strongly believes buy-and-hold investing is the path to real wealth. As an Investment Counselor, Leah is passionate about discussing real estate investment strategies that create a clear path to real wealth and helping our members realize that retirement might not be as far away as they think. If you’d like to look at sample properties and get details on upcoming tours, please log into RealWealth or click the Join for Free button if you haven’t become a member yet. Members also have access to our experienced investment counselors, including Leah, and a list of recommended real estate professionals for things like deal analysis, investment loans, asset protection, legal services, accounting, self-directed investing, and 1031 exchanges. As always, please be sure you are subscribed to our podcast, and if you haven’t yet, leave us a review!  Thank you for joining me on the Real Wealth Show! Kathy Fettke

How to Save THOUSANDS with Often Overlooked Real Estate Tax Deductions

It might not sound sexy, but one of the best parts of owning real estate is the amount of money you can save on taxes. There are several amazing deductions you can take as a real estate investor that many CPAs don’t even know about. Some of the tax strategies covered in this interview include cost segregation, carryover loss, and creative ways to depreciate properties. There’s also the 1031 exchange, and you’ll hear about all of them and more in this interview with one of our highly recommended tax attorneys. Toby knows how to “talk taxes” in a way that is so interesting, you’ll probably be as excited as I was by the end of the interview. You can take your enthusiasm to the next level by checking in with Toby or another one of our recommended tax experts, at realwealthshow.com. You need to join RealWealth to access our Investor Portal, but it’s free and easy to join. Once you’re logged in, you’ll find Toby’s company listed under the Resources tab in the Asset Protection and CPA/Accounting/Bookkeeping categories. Please remember to subscribe to the podcast and leave us a review! Thanks for listening! Kathy

Why the Canadian Real Estate Market is More Challenging than the U.S.

It’s easy to assume that the challenges we face in the U.S. real estate market are unique while the rules of the real estate game might be similar in other countries, especially when it comes to our northern neighbor Canada. After all, Canada is dealing with a housing crunch and is experiencing astronomical home price growth just like we are in the U.S.   But you might be surprised at how different we are from Canada when it comes to the rules of the real estate game, especially when it comes to mortgages and investor tools, like the 1031 exchange. (Spoiler: There is no such thing as a 1031 exchange or a 30-year fixed-rate mortgage in Canada.)    That’s just a teaser! In this episode, you’ll get more details from two Canadian real estate investors. Daniel Foch and Nick Hill will explain how the Canadian market differs from the U.S. and what Canadian home buyers and investors are up against.    Daniel is a real estate investor, podcast co-host, and realtor with more than 15 years of experience in the real estate industry. He’s been featured as a real estate expert in the Wall Street Journal, CBC, BNN, Bloomberg, The Globe and Mail, among others. Nick Hill is a real estate investor, podcast co-host, and mortgage agent. Their podcast: “The Canadian Real Estate Investor.”   You can find out more about U.S. real estate at realwealthshow.com. Click on the “Join for Free” button to sign up. It only takes a few minutes and will give you complete access to our real estate market data and resources. Please be sure you are also subscribed to our podcast, and don’t forget to leave a review!   Thanks for listening, Kathy

How a Busy Tech Engineer Found the Time to Invest In Real Estate

How do you build a real estate portfolio when you’re already too busy with work, family, and life in general? In this episode, you’ll hear from a busy computer software engineer who’s married with two children. Despite the daily time crunch, he's ventured into real estate, learned a few hard lessons, and is now sharing his story with us on the Real Wealth Show.   Ron Quintos started buying rental properties in 2001 but didn’t really know what he was doing until 2010, after the housing market crashed. He calls himself a “born again investor” because he was able to bring his investments back to life. His investments include single-family properties in Illinois, Alabama, Maryland, Texas, and a property under contract in Florida. He has also invested in mobile home park and apartment syndications, but he’s now realizing that he prefers good ol’ single-family rental homes.   Ron recently attended one of our real estate property tours in Dallas which you’ll hear about in this interview. We have several more tours planned over the next few months. You can see our tour schedule at https://realwealth.com/tours/.   We also had the pleasure of hosting Ron at a recent Mastermind in Malibu, which helped him map out a plan for 2023 and beyond. We are holding several more masterminds this year. You can get details about those at https://kathyfettke.com/masterminds/.   Please be sure to join RealWealth for access to all our data and resources at realwealthshow.com. It’s free to join and takes about two minutes. And please remember to subscribe to our podcast and leave a review!   Thanks for listening! Kathy Fettke

Why 2023 Is the Year to Invest in North Dallas Real Estate!

It’s been quite an economic roller coaster this last week with headlines about bank failures in response to the Fed’s inflation-fighting rate hikes. That’s created a lot of fear about the stability of the U.S. financial system and the risk to our personal assets, like bank accounts and even real estate. For years, I’ve advocated for real estate as an asset that can weather an economic downturn and provide long-term wealth, and that hasn’t changed because of recent developments.   In this episode, you’ll hear more about why real estate can help you safeguard your personal financial world and about one particularly good market for real estate investors right now – in North Dallas. Last fall, we launched a single-family rental fund in the North Dallas area. Joining me to talk about why this market is so resilient is my fund partner and experienced real estate investor, Leah. She has a $40 million dollar personal portfolio, and is the co-founder of one of the largest property management residential investment firms in North Texas.   If you’d like to find out more about our single-family rental fund, go to www.growdevelopments.com. You’ll find information about the North Dallas market and the rental fund by clicking on Investments and Current Offerings.   You can become a member for free by joining RealWealth at realwealthshow.com.    As always, please be sure you are subscribed to our podcast, and if you haven’t yet, leave us a review!    Thank you for joining me on the Real Wealth Show! Kathy Fettke