Real Wealth Show: Real Estate Investing Podcast

Life is full of risk. And the risk helps us be smarter, and more strategic in the things we do. Unfortunately, the fear of failure can keep people from ever even trying. And then when we do try and fail, then going for it again can be terrifying. But I assure you, anyone who is a pro at anything took a lot of falls. Our guest today knew real estate was risky, but he was willing to jump in anyway. He learned some tough lessons, but he pulled himself back up and jumped back in. Now he's doing some really cool things with tax liens that I can't wait to share with you. and he's using those profits to buy cash flow rentals in growing markets. Darnell Randall was born and raised in Los Angeles, where owning real estate can be pretty cost prohibitive. So he's found other options. And while some didn't work out as expected, he didn't give up. Today he's here to share what's working and what his plans are next. He's a regular member at our RealWealth events, and we're so happy to have him here on the Real Wealth Show! www.RealWealthShow.com  

Real estate in California is often unattainable goal for many people, and as prices continue go up, so do the down payments. Yet, so many Californians know that real estate is what builds long-term wealth, especially now that the Fed has printed trillions of dollars to stimulate the economy. Increasing the money supply generally drives up asset values further. That's great if you already own real estate but makes it even more difficult to get in if you're just starting out.  Today's guests knew they couldn't afford a home in the San Francisco Bay Area but they wanted to get into real estate anyway. So three years ago, Erik and Jodie Carlson dove into the learning process, reading lots of books and listening to podcasts. After about a year, they jumped in and started buying single-family rentals located no where near their home in the Bay Area, a home they rent by the way. They are going to tell us how they did it on today's Real Wealth Show.   www.RealWealthShow.com  

If you’re hoping to enjoy your golden years with enough money to retire, you might find today's episode very enlightening. Today’s guest hit his 65th birthday with a nest egg that just wasn’t big enough, and decided to try real estate investing. He’s now seven years into his investing plan, owns several single family rentals, and plans to buy some more.  David Jackson is with me today to tell us how he got started, and is hoping his story will inspire other seniors without enough retirement funds to invest in real estate.   www.RealWealthShow.com

There’s a lot of talk about fake news out there. There’s a lot of confusion about who to believe. There’s a massive communication breakdown, in general, not just within our country, but between countries, organizations, friends, and families. I thought it would be a great time to invite my husband, Co-CEO and Co-Founder of Real Wealth, Rich Fettke, onto the Real Wealth Show to talk about how he helped his clients when he was a business and personal coach, and also me, as my partner in life, to be a better communicator. I thought he could bring us some really great insights.    www.RealWealthShow.com

They’ve come a long way -- from high school sweethearts to long-time spouses who've  reached financial independence. And, they have made it happen with real estate.   Today’s guests are Scott and Caroline Ceniza-Levine. They built a real estate portfolio and hit their financial goal in their late 40’s. Scott was able to retire from his IT job three years ago, and Caroline says she only works on “passion projects” because she is now job optional. They are from New York but spend much of their time at their current primary home in Northeast Florida. So what did it take to accomplish this task? What did they buy and where? Hint: They have a few rentals in Costa Rica. And, what tips would they like to share for other aspiring real estate investors?    I’m pleased to have Scott and Caroline with me today to share their story.   www.RealWealthShow.com

Are we looking at another foreclosure crisis? Or is all this government stimulus going to save the economy? Will the jobs come back? Will demand grow for rental housing? What's the upside for real estate investors? Our guest today is a leading economist and recognized authority on personal finance, U.S. housing, and economic trends. Cristian deRitis is Deputy Chief Economist at Moody’s Analytics and was named on two U.S. patents for credit modeling. He created loss forecasting and stress testing systems for financial institutions. He joined Moody’s in 2008, after serving as a director with Fannie Mae. He was also an adjunct professor of economics at Johns Hopkins University.   www.RealWealthShow.com

How would you like a little good news on real estate today? Goodness knows we're inundated with plenty of bad news these days. And it's not surprising. We’re navigating through a very unusual situation right now. And the "unknown" is generating a lot of fear and creating a lot of questions about when we’ll bounce back economically, and how the COVID-19 bug will change the way we do business and lead our personal lives. As real estate investors, we must also be prepared for changes in the housing industry and the lives of our tenants. Will the economy recover quickly? Will the housing market hold up? Will the jobs come back? What will tenants want and need in a work-from-home world? What about single-family rentals, Airbnb, and housing for students and seniors?   There are a lot of moving parts, but our guest today joins me with years of experience in real estate and business strategy. Rick Sharga is the founder of consulting firm CJ Patrick. He’s also had high-profile positions at Auction.com, RealtyTrac, Ten-X, and Carrington Mortgage Holdings, and is frequently quoted by major media outlets. Today, he’ll share some valuable insights on how this pandemic will likely play out, and it’s not all bad news. Rick sees light at the end of the tunnel. Welcome, Rick. If you'd like to see which metros we think will recover the quickest, visit www.RealWealthShow.com.There you'll find detailed market data along with a list of rental property providers and property management companies highly rated by our members.

The Federal government's $2 trillion CARES Act rescue package has something for just about everyone, but it's not always obvious what applies and what doesn't. There may be several ways that each person can benefit, and today, our guest will talk about how the CARES Act impacts people with self-directed retirement accounts. Kaaren Hall is the founder and CEO of UDirect IRA Services in Irvine, California. She started the company in the midst of the Great Recession after the stock market crashed. She's been helping people move their retirement funds into self-directed IRAs since then, so they can invest in things like real estate, land, startups, and more. Before that, she spent 20 years in mortgage banking, real estate, and property management.  www.RealWealthShow.com  

Today's guest works in a much-needed but highly-challenged industry -- residential assisted living homes. He was very early to see the impact the coronavirus could have on his business and the economy in general -- even when most people, including world leaders, called it a hoax or a bad flu. Where did he find the information he needed to make critical business decisions when so many others couldn't see it, and fought hard against the bad news? Loe Hornbuckle was making good money running a car dealership, but was not fulfilled. He started to learn about real estate investing as a business, and eventually chose residential assisted living as his asset class of choice. He is now CEO and founder of Sage Oak Assisted Living and Memory Care which he calls“the boutique assisted living company” with 5 locations in Dallas and a total of 40 beds. Has has two developments in TX and Louisiana, totaling 300 beds and an estimated value of $45M. I've personally been very impressed with how quickly he learned about this pandemic, and has helped many others understand the implications -- if they're willing to listen.    www.RealWealthShow.com

On Thursday, March 12, 2020, the S&P 500 and the Dow Jones Industrial Average had the biggest one-day percentage drops since October of 1987 — and the Nasdaq joined the Dow in bear-market territory, which is commonly defined as a drop of at least 20% -- as fears of the coronavirus grow, coupled with oil wars and uncertainties around the 2020 Presidential election. Friday, March 13th, President Donald Trump declared a national emergency due to the rapid spread of the coronavirus in the US. Soon after, stocks started to rally in late trading. These are scary, volatile times. What does it mean for real estate investors?  The record-setting 11-year bull run for stocks has come to a screeching halt. Is the party over or is this just a temporary hiccup? Or cough? Today's guest has been on the Real Wealth Show before sharing his insights on the strongest U.S. markets for residential and commercial real estate. John Boyd is Principal of The Boyd Company, which was founded in 1975,  and provides real estate and management counsel to leading North American banking and financial services companies. Clients include  Boeing, Chevron, JP Morgan Chase,  Visa International, Pratt & Whitney, PepsiCo, UPS, and other Fortune 500 firms.   www.RealWealthShow.com