Real Wealth Show: Real Estate Investing Podcast

Today's guest ditched his 9-to-5 job 15 years ago, to became a full-time real estate investor. Augustino Pintus says the standard 40-hour-a-week job gave him a false sense of security about long-term wealth, and by giving that up, he's been able to take control of his time, and his finances. His motto: "Decide, Commit, Succeed." He is currently in charge of strategic partnerships, capital development, and deal sourcing for multifamily investment firm Realty Dynamic Equity Parties. www.RealWealthShow.com

What better way to kick off the new year than with our annual "Focused Investor" workshop with Rich Fettke, Co-CEO of Real Wealth Network taking place via this Thursday's Webinar (January 9th) and our upcoming live event in San Mateo on January 11th, and Los Angeles on January 12th. This topic has been a crowd pleaser for 14 consecutive years, and is sure to "WOW" anyone looking to have a focused, productive, successful year. You'll leave with a solid plan for the year and a vision for the next 10 years. Rich Fettke and Kathy Fettke share a sneak peek and some key take-aways of what he will be presenting later this week in this podcast episode. www.RealWealthShow.com

Today's guest is a successful dance coach, choreographer and competitor and he's also managed to build a rental portfolio of 11 properties nationwide. Let's find out how he did it. Kurt Senser is a long-time member of the Real Wealth Network. He joined in 2008 so I've personally known him for over a decade now! Kurt had already started building his real estate portfolio before we met, starting in 2004. And since he saved pennies for every down payment, he spent a lot of time researching before plopping any money down. His five-year goal is to have a total of 20 residential properties. I am delighted to have Kurt Senser on today's show to share his real estate investing story. www.RealWealthShow.com

Call it dumb luck or brilliant market timing. Our guest today bailed out of the stock market right before the Great Recession, and gravitated toward real estate in 2009 with a pile of cash. Since then, he's invested in single-family, multi-family, and vacation rentals. He has also invested in fix-and-flips, and more than 25 syndicated deals. He is currently part of the Investor Relations Team at Ashcroft Capital and has made it his mission to share what he's learned with others. One of his favorite topics is how to create more time in your life or what he calls "time freedom." I am delighted to welcome Travis Watts to the Real Wealth Show. www.RealWealthShow.com

If you're a podcast fan, then you've probably heard of today's guest. Rod Khleif has personally owned and managed over 2000 properties and has built over 23 businesses in a 40 year business career. And while that is all quite impressive, he came from very humble beginnings as an impoverished, young Dutch immigrant, and created incredible success in what he calls a rags-to-riches-to-rags-to-riches story, He has built several successful multi-million dollar businesses. But ask him what he is most proud of, and he will tell you about his work as a community philanthropist. Giving back to the community is a major passion for Rod. He is founder and long-serving president of the Tiny Hands Foundation which helps children from low income families. And today, he's back with us on the Real Wealth Show. www.RealWealthShow.com

This Family is On a Mission! We talk a lot about building wealth through real estate here on the Real Wealth Show. But there are lots of ways of defining wealth. We define Real Wealth at Real Wealth Network as having both the time and the money to live life the way you want to, with the people you want to be with. Our guests today have their own definition of wealth. Suzanne and Joel want to become financially free so that they can do what they loved to do the most -- to support a mission they love and to add value to the lives of others. Their goal is to have 10 properties by 2023, and they are well on their way. If you DESIRE to have income producing real estate, do your due diligence with FAITH, and take ACTION. www.RealWealthShow.com

Real Estate Investing: Five Benefits of Owning Rental Homes Our guest today is a former athlete and family man who built a career on the corporate side of the solar industry. Along the way, he saw the value of owning rental property, and now owns 16 single-family rentals in seven states. Nate O'Neil is a true believer in the financial power of long-term rentals and is here to tell his story on the Real Wealth Show. Show Notes: There are five really great benefits to holding financed properties over time: 1) Cash flow 2) Appreciation 3) Tax Shelter: $300 of monthly rental cash flow is like $460 of W2 income because W2 income is heavily taxed. This is significant over time, and with a number of properties. You can also depreciate the home over 27.5 years, which offsets taxable gains. 4) Mortgage Pay Down: A rental home owner's net worth is credited every single month by the amount of principle their loan is paid. I look at is how much principle was paid down by the rent and how much my net worth increased from owning the asset. Again, the payoff grows over time and an expanding portfolio. 5) Inflation Hedge: People underestimate the power of a 30-year mortgage. Due to inflation, a $600 monthly payment today, will actually go DOWN over time. The value of that $600 in 10 years will be less, so therefore, in essence, the payment goes down. Furthermore, with inflation, both rents and property values will increase. Bonus: Over time, equity grows as the loan is paid down and appreciation grows. This is money in the bank for further investing. For example, if you own an asset that is worth $200K and is paid off, you can do a cash-out refinance at 75% LTV, meaning you can take out $150K. That $150K is TAX FREE. I would have to earn $230K at my W2 job to take home $150K. And the original loan, at least in part, is paid back, not by me, but by the rent! Current tax law allows my kids to inherit the property, at which point, the property steps up to market value. Overall message: Owning long term rentals is POWERFUL well beyond those first two big benefits of cash flow and appreciation! www.RealWealthShow.com

Some people are afraid to buy their first investment property. While others dive in. I was one of those people who dove head first, but only after I'd read a bunch of books, attended dozens of seminars and spoken with many others who had done it already. So I guess you could say I dove in cautiously and aware. I would say that's the case for today's guest. Mark is a business owner, so he already knows how to hire people to get things done that you don't know how to do or don't want to do. He also knows how to do the research necessarily to feel comfortable diving in. He's here with us today to share how he's building a real estate portfolio, one property at a time in just a year. www.RealWealthShow.com

I was honored to be the keynote speaker at five different conferences this month, all over the country -- from San Francisco and Los Angeles to Denver and Philadelphia, and I just got back from New York. And, what I noticed at all of these events and previous ones during the past few years, is that I've seen a lot more Millennials attending real estate events. It's been incredible to see how quickly some of these young people can build a business. For some, it seems like their energy and tech savvy creates companies overnight. And while these brilliant people know technology better than perhaps other generations, what they don't have necessarily is life experience. What would happen if you could merge wisdom with fresh ideas? Our guest today is Chip Conley, the founder of Joie de Vivre Hospitality which he began in 1987 at age 26. In 2010, after having created and managed 50 boutique hotels that are mostly in California, he sold his company. A few years later, he was asked by the three co-founders of Airbnb if he could help evolve the company into a hospitality company with more than one million hosts in 191 countries. He accepted the challenge and became the Head of Global Hospitality and Strategy for Airbnb, working closely with CEO Brian Chesky as a mentor. www.RealWealthShow.com

I've had a lot of people ask me if they should use their savings to buy a primary residence or a rental property. As usual, the answer is "it depends." And in this case, maybe the answer is "do both!" At a recent event, a young couple came up to me and told me they had saved $200,000 to buy a home. First of all, I was so impressed! Few people save money today. Then I asked if they had started house shopping yet and if they could afford a home they'd want to live in for a long time. They told me it wouldn't be their dream home. It would just be a condo. Here was my response: If you want to live in a home for a long time for something like raising a family, buying can make a lot of sense if you find a nice community with good schools. The mortgage payments may be a little more than what you'd pay for rent, but when you include the tax benefits, that home loan can be cheaper than rent. Plus, if you have a fixed-rate loan, you don't have to worry about your rent going up. It will remain the same for the life of the loan. However, what if you could buy the home you want to live in with a smaller 3% down payment and use the rest of the funds to buy rental property? The cash flow would offset the difference in your mortgage payment, and you'd be building a bigger portfolio. Lindsey Johnson, President of US Mortgage Insurers, will take a deep dive into mortgage and home financing options, and give us some insights on current public policy on housing and its ramifications on home buyers and investors. www.RealWealthShow.com