Real Wealth Show: Real Estate Investing Podcast

RealEstate Investing: Replacing W-2 Income with Passive Income from Rentals (Audio)

Our guest today sent me a very sweet note. In it he said, "Having been a listener of your podcast for several years, I have learned about replacing my W-2 income with passive income from real estate investing." Well, that got my attention, so I invited David Vernich onto the Real Wealth Show to tell us how he's created a passive income stream, while working full time. David is a commercial loan officer who specializes in investor loans for the purchase of single-family rentals. He's also a long-time investor who started buying rental properties in 2007 and now co-owns more than 120 rental units www.RealWealthShow.com  

RealEstate: From House Hacking to Job Optional in 2.5 Years (Audio)

Getting started in real estate doesn’t have to be a difficult process. It just requires getting started. And the more you learn, the faster you'll want to get on it. Today's guest was working for a tech startup just 3 years ago - and it happened to be a real estate platform. And he was required to learn about real estate investing as part of the job.  Well, like many of us, he got hooked, and thirty days later he bought his first four-plex as a house hack. Over the next two-and-a-half years, he grew his portfolio to 22 units, all in the St. Louis area where he lives.  He’s with me today, to share his story and offer some rock-solid advice for people wanting to get into the real estate rental business.   www.RealWealthShow.com

RealEstate Investing: RealWealth® Expands Investor Options with a New National Brokerage (Audio)

Do you have a particular market where you’d like to own some rental property? Is it a market that you don’t find listed on our website or haven’t been able to get help with as an investor? Are you looking to purchase an investment property that may or may not be turnkey with property management? Maybe you'd prefer to renovate the property yourself? Or buy a home that you live in now and rent later? If you answered “yes” to any of these questions, you will love what we’re unveiling at RealWealth. We are creating a network of RealWealth Certified Agents in markets outside our 18 core metros to give investors more options. Today, our Director of Investor Relations and Investment Counselor, Ben Erik Smith is with me to talk about this new national brokerage, and what it means for people interested in buying investment properties outside our established areas, and possibly in your own backyard! Ben has helped our members find hundreds of rental properties as an investment counselor. He’s now in charge of launching our national brokerage. Welcome, Ben! www.RealWealthShow.com  

Housing Market: NAHB’s Robert Dietz Talks Housing Demand, New Builds, Rental Markets (Audio)

The housing market is red hot. The national median home price rose 13% year-over-year in September. Active listings fell 28% to an all-time low. Sales of new U.S. homes accelerated by 4.8% in August, to an annual rate of one-million units. That’s the highest since 2006. New home inventory fell to a 3.3 months of supply lowest level on records that go back to 1963. Will this home buying frenzy last? Or maybe we’re in a new kind of COVID-influenced bubble?   Who better to give us an update on the new home market than Robert D. Dietz, Ph.D. He’s the chief economist for the National Association of Home Builders, with a focus on housing and economic trends, the home building industry, survey research, and policy analysis.   www.RealWealthShow.com  

Build-to-Rent: A Hot Trend for Investors & Tenants

Demand for single-family homes is skyrocketing in some markets, and the new build-to-rent trend is on fire to help meet that demand. Today on the Real Wealth Show, we’ll hear from a property manager in Florida who's in the middle of this new rental strategy. He says demand is so strong, there’s no shortage of tenants and that investors are lining up for newly available homes. Today’s interview is also a preview of a virtual live event that we’re hosting tomorrow. We’ll have a panel of investors comparing their experiences with both turnkey and new rental homes, along with builders and property managers who can talk about what’s available. The event is free. You need to be a RealWealth member, but it’s free to sign up at realwealthshow.com, and free to attend the event. Here's Chris, with some very valuable information on several hot build-to-rent markets in Florida as well as Atlanta.

Passive Income: 401k’s vs. Good-Ole Turnkey Real Estate (Audio)

In this episode of the Real Wealth Show, you'll hear from a cash flow expert who retired "twice" by the age of 39. Chris Miles worked as a traditional financial advisor and stock coach for years, but now calls himself an anti-financial advisor who teaches people how to quickly get their money working for them (hint: he's big on real estate and not so big on 401k's.) He's also the author of "Beyond Rice & Beans," the host of "The Chris Miles Money Show" podcast, and he's been featured in U.S. News, CNN Money, Bankrate.com, and EOFire. His website: www.moneyripples.com www.RealWealthShow.com  

Pandemic-Proof Investing: One Woman’s Real Estate Success Story (Audio)

It used to feel like real estate investing was a man’s world. Not that long ago, you’d see just a few women in a roomful of men at a real estate event. But that dynamic is changing. I have personally witnessed the transformation, and have met some amazing women who are closing that real estate gender gap.   My guest today is Monick Halm. She is one of those amazing women with an incredible story of success. It started with the purchase of a first home, and progressed from there. She abandoned her career as an attorney, and now has more than 14 years of experience as a real estate investor, syndicator, and developer. Today Monick and her husband, Peter, own more than 1300 rental units in six states. That includes some commercial properties that she says are pandemic-proof. Monick is also the founder of a group called Real Estate Investor Goddesses to help other women achieve financial freedom through real estate -- and, she’s a best-selling author, podcast host, real estate strategy mentor, interior designer, world traveler (when there isn’t a pandemic), and the mother of three kids. If you'd like to learn more about how to be a savvy real estate investor, you can get lots of information right here at www.RealWealthShow.com. It's free to join, and free to access a wealth of information.

U.S. Economy: John Boyd on Recovery Winners and Losers

The pandemic has dealt a painful blow to individuals, companies, and local governments across the nation. The economic losses hit every state, but we’re now seeing an uneven recovery from market to market. Somehow, real estate is an overall winner with home sales surging in most markets.  And while that may be pent up demand from a spring buying season that never happened, or a rush to get out of cities and into suburbs, over the long term, real estate investors need to pay attention to which metro areas will recover their job base the fastest.    With me today is John Boyd of The Boyd Company. His company provides real estate and management counsel to major North American companies like Boeing, Chevron, JP Morgan Chase, and Visa International. He’s here to explain how the U.S. business environment is changing because of COVID-19, and why that will turn some markets into winners, and some into losers. At RealWealth.com we have a list of metro areas that we think will rebound the fastest - and where housing will continue to be in demand - even during recessions. Visit RealWealth.com for details.  

Passive Income: From Silicon Valley Tech to Full-Time Real Estate Professional

Sometimes a parent’s financial advice may be annoying at the time it's given, but wise children who listen to it and follow the advice can skip many years of struggle. That's what happened to a former Silicon Valley technology expert.  Our guest today listened to his dad, and agreed to buy a piece of property in San Jose back in the 1990s. Well, you can probably guess where that led him. With the appreciation from that one investment, he was able to launch a full-time real estate career, and, he has some stories to tell. Paul Fogarty is here to share the ups and downs of owning various kinds of properties from single-family homes and condos to multi-family and commercial properties, here in California and out-of-state. www.RealWealthShow.com  

RealEstate Investing: An Immigrant’s Success as a Busy Tech Professional With a Passion for Passive Income

Imagine moving to a new country where you can't even speak the language and don't really know the culture, and still trying to stake your claim and become a successful, contributing citizen. Our guest today did just that. Alex Kholodenko immigrated to the U.S. from the Ukraine 20 years ago, barely speaking English and with very little money.  Today, he has a successful full-time career working as a technology professional in the Silicon Valley. On the side, he's also built an impressive passive income real estate portfolio that he hopes will guarantee that his family will never go hungry. In today's interview, he'll share the ups and downs of his real estate story, with plenty of tips for people just getting started. www.RealWealthShow.com