SHOW NOTES FOR EPISODE 354: THE COMING RECESSION AND THE HOUSING MARKET This month, the United States set a record for the longest economic expansion, but this is forecasted to end in 2020. According to a panel of more than 100 housing experts and economists, the next recession is expected to hit in 2020. A few even said it may begin later in 2019, while another substantial portion predict that a recession will…
Normally, when you put your property up for sale, you have to present a document, called a warranty deed, which states that you are the legal owner of the property and that the title you have on hand is the original copy. But what if you don’t have the title of the property yet you have the legal rights to it? What document can you, then, present to prospective buyers? For situations…
SHOW NOTES FOR EPISODE 353: AFFORDABLE REAL ESTATE INVESTING Lisa Phillips had everything going for her. Great new engineering job. Her first home. Everything was going great, that is, until the recession hit. Then, almost over night, she lost her job and her new home. Fast forward 10 years. Using her engineering skills and a first-hand knowledge of low income neighborhoods, she has mastered the art of real estate investing in homes averaging $35-50,000 per house. …
SHOW NOTES FOR EPISODE 352: WHY REAL ESTATE IS THE BEST RETIREMENT INVESTMENT Many seniors, as they approach or enter retirement, have found that their retirement savings may be inadequate for the long haul, let alone be able to cover unexpected expenses, medical emergencies or assisted living costs. Their 401(k) or IRA aren’t earning what they thought it would, and even though they qualify for Social Security, they realize it might not be around nor be enough…
When home buyers go shopping for a mortgage, 90% of them opt for a 30-year term for one simple reason: It’s the most affordable home loan on the market. That is especially true of first-time homeowners, who want the safety and security of a monthly payment they can easily handle. If you put 20% down on a $150,000 home, your monthly payment for a 30-year mortgage (at 4.75% interest) is only $626 a month,…
SHOW NOTES FOR EPISODE 351: FINDING THE BEST OFF-MARKET VALUE-ADD APARTMENTS Josh Eitington learned multifamily investing through the school of hard knocks. Starting with C minus properties in tough areas and moving to upscale B properties in hot downtown markets, he has refined and improved his investing strategy one step at a time. In today’s podcast, Josh shares how his business is now thriving and how he is now finding great off-market deals…
SHOW NOTES FOR EPISODE 350: LEAVING A LEGACY For many real estate investors, the idea of “leaving a legacy” is an important aspect of their long term business plan and vision. Creating a real estate portfolio that can benefit your children, grandchildren and even your favorite charities can be a great way of giving back. The question is: When you pass away, do you want your business to continue to benefit your family or…
Buying or renting? Such is the question many business people ask themselves around the 1st of the month — right before writing their business’ monthly rent check. With the interests rates being what they are and prices being affected by the commercial paper crisis, the answer might very well be yes to buying if the right property becomes available and you can afford the cash down. Owning commercial real estate can have it’s advantages. Choices: …
SHOW NOTES FOR EPISODE 349: MULTIFAMILY POWER INVESTING – GENERATING $30 MILLION IN 18 MONTHS Many real estate investors get frustrated and discouraged trying to get over the “one investment at a time” hump to reach total financial freedom. In today’s podcast, tech executive, real estate investor, syndicator, entrepreneur and podcast host Agostino Pintus shares his personal struggles, moving from “the bottom” to rapidly switching gears into hyper-drive to achieve financial independence in the short term. What You Will Learn How…
SHOW NOTES FOR EPISODE 348: WHY I DON’T DO SECTION 8 ANYMORE Guaranteed rent. Above market rental rates. Pre-screened tenants. Free advertising. Sound too good to be true? Exactly! For many real estate investors with properties in low-income areas, the appeal of renting to Section 8 tenants is almost to tempting to resist. However, in today’s podcast episode, Bill explores some of the myths behind Section 8 landlording and suggests to over zealous investors that…