Real Wealth Show: Real Estate Investing Podcast

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

"What's all this nonsense about? People are freaking out over nothing. More people die from the flu and no one freaks out about getting the flu. I'm hosting my event anyway. The strong can attend, the weak can stay home. I'm going to live my life as normal. I'm definitely still taking that trip." These are a just a few of the things people are talking about on Facebook. There's a lot of talk out there. A lot of confusion. A lot of people spreading false information. False cures. False conspiracy theories. Like the idea that COVID-19 was made in a lab, that it was created as a political attack against Trump to bring down the economy and wipe out his voter base, and that the powers that be wanted an excuse to reset the economy... I was one of those people in denial about 2 weeks ago. I was flying across the country, going to large events with 700+ people, shaking hands, sharing food and drinks... and now I don't want to even leave my house. In fact, this morning, Friday the 13th, I woke up like I was in a horror movie. My daughter is in Prague for her semester abroad. She has a few friends there and thought it would be OK to stay and travel Europe while everything is on sale. She wasn't worried because she's 20 and not really the demographic for a coronavirus zombie attack. But she woke me up on Facetime in tears because all borders are about to shut down, everyone has to stay inside, and she wasn't sure if she could get home. We booked a flight immediately to leave first thing in the morning, and are hoping it won't be cancelled. These are scary times. Today's show is going to address what's really going on and whether or not we should be concerned. Whether it's just a bad flu, or a hoax. A couple of weeks ago I started to listen to my friend and colleague Chris Martenson. Chris is a PhD from Duke, and MBA from Cornell and spends his time geeking out as an economic researcher and futurist specializing in energy and resource depletion. He is co-founder of PeakProsperity.com (along with Adam Taggart). As one of the early econo-bloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar: The Crash Course which has also been published in book form (Wiley, March 2011). Over the last month, he's been obsessively tracking the coronavirus, and has been helping the rest of us understand what's really going on. Definitely go listen to his YouTube videos. Just search Chris Martenson, Peak Prosperity, and you will be more informed than most politicians. And definitely ahead of the curve in protecting yourself, your family and your assets. www.RealWealthShow.com

Analyzing the housing market can be complicated. There are so many opinions on issues that impact investors including which are the best markets, single-family versus multi-family investing, housing inventory, demographic shifts, renter preferences, mortgage rates, the strength of the U.S. economy, and so much more. Today's guest is an expert on housing data and will help answer a lot of these questions. Our guest today is CoreLogic's chief economist, Frank Nothaft. He leads a team of economists who analyze and forecast trends in global real estate, insurance, and mortgage markets. He's also held leadership positions at Freddie Mac and the Federal Reserve. He recently received the NABE Outlook Award for the most accurate macroeconomic forecast for 2018. He has also earned the Certified Business Economist designation from NABE, and holds a PhD from Columbia University. www.RealWealthShow.com