With the high cost of property damage from recent wildfires, storms, and flooding, many insurance companies are dropping customers in high-risk areas, or moving out of risk-prone areas altogether. That’s created a huge dilemma for people who need insurance to satisfy home loan requirements and property owners, in general, who want the safety net of a reliable insurance policy. In this episode, you’ll hear from United Policyholders founder, Amy Bach, on how this situation is impacting homeowners, what you can do if you can’t get the coverage you need, and how to make sure you get the money to repair or rebuild when something goes wrong. Amy is a well-known expert on insurance trends, claims, coverage, law and public policy matters. She has been a professional insurance consumer advocate since 1985, an attorney since 1989, and a co-founder for the San Francisco-based United Policyholders in 1991. She is a sought-after expert by major media organizations and has authored several books including “The Disaster Recovery Handbook” and “Wise Up: The Savvy Consumer’s Guide to Buying Insurance.” If you are looking for a new insurance company, you will find a few referrals at our website, realwealth.com. You need to be a member to access that part of the site, but it’s free to join at realwealthshow.com. As always, please remember to subscribe to this podcast and leave a review! By the way, did you know that this podcast is also a video podcast? We've got a channel on YouTube where you can watch this episode and more! If you subscribe to the channel you'll get to see the new videos when they are posted! Thanks for listening, Kathy  

If you’ve already bought your first investment property, you may recall the initial fear you had about managing it. And that was just one property. But many investors find out it’s not that tricky, and quickly scale up once they’ve dipped their toes in the water. It can become addicting to feel the success of a good deal that brings you the kind of wealth and free time you can get from a growing investment portfolio. In this episode, you’ll hear from someone who met her Fannie/Freddie loan limit but figured out how to get financing on many more properties. Elaine Stageberg now owns more than 200 single-family rentals with her husband Nick, and many more properties as joint ventures or within privately equity funds. Find out how she does it in this interview! Elaine is a psychiatrist, a mother of four, and the owner of a private equity firm. She reached financial freedom at age 30, and currently manages a portfolio of over one-thousand doors worth more than $300 million. She lives in Rochester, Minnesota, with her husband and four young children. If you would like help getting your real estate portfolio started or learning how to scale it, sign up for a free RealWealth membership at https://tinyurl.com/joinrealwealth958. You'll find hundreds of real estate webinars and articles to help you on your way, along with data on various rental markets, real estate professionals that can support you, and our experienced investment counselors who can answer your questions. And don’t forget to subscribe to this podcast here: https://tinyurl.com/RWSsubscribe and leave a review! Thanks for listening! Links for our guest: Facebook Group, Real Estate at Scale: https://www.facebook.com/groups/reale... Facebook: https://www.facebook.com/blackswanrea... LinkedIn: https://www.linkedin.com/company/8101... Elaine’s Calendly: https://calendly.com/elainestageberg

Every quarter at RealWealth, I do a housing update, and I just did one for Q3. We received a ton of questions during that webinar so our team asked me to do an “Ask Kathy” segment here on the Real Wealth Show to answer some of those questions: 1 - Should I pay off a loan with an interest rate of just 2%? 2 - Is Austin a good place to buy investment property? 3 - Where can you buy new builds for under $250,000? 4 - How do you get a 4.75% rate on an investment property? 5 - What’s the best out-of-state market for a new investor? 6 - One-year lease vs. two-year lease. Which is better? 7 - How sacred is the 1% rule in rental real estate? 8 - Are home warranties worth the money? 9 - What are the loan options for people who’ve reached their ten-loan maximum? I hope you enjoy this episode of “Ask Kathy.” I would love to answer more of your questions during a future episode. If you have a question or questions you’d like me to answer, please send them to podcasts@realwealth.com. Thanks for listening! Kathy About Kathy: Kathy is an active real estate investor and licensed real estate agent with more than 25 years of experience. Kathy co-founded RealWealth with her husband, Rich, to help other people create financial freedom with real estate. Their purpose in educating people about real estate: "So they have the money and the freedom to live life on their own terms." In addition to her RealWealth mission, she runs the syndication side of the business at growdevelopments.com. She is the host of a second podcast, “Real Estate News for Investors,” and the co-host for the Bigger Pockets’ podcast, “On the Market.” Kathy also shares her wealth creation strategies in her newly updated bestseller “Retire Rich with Rentals.” You will also find answers to your questions as a member of RealWealth. You can join for free at realwealthshow.com. And please remember to subscribe to this podcast, and leave us a review! Links: Join RealWealth: https://tinyurl.com/joinrealwealth957 Subscribe to the Real Wealth Show podcast: https://tinyurl.com/RWSsubscribe Kathy's Instagram: https://www.instagram.com/kathyfettke/ Kathy's audiobook 'Retire Rich with Rentals' on Audible: https://tinyurl.com/retirerichaudible Grow Developments (Syndications):  https://growdevelopments.com/

Are you sitting on the fence about a potential real estate investment? What’s holding you back? The high prices? Information overload? Or maybe the fear of doing something out of your comfort zone?    Having the right mindset is crucial to successful investing. It's what helps get you from that stage of due diligence and financial calculations to acting on a buying opportunity. Joining me in this episode is someone who can answer your questions by sharing what she’s doing in today’s environment and telling you when it makes sense to buy.   Christine Suter has experienced massive success as a real estate investor. During the last 30 years, she’s purchased over $50 million in real estate and acquired more than 350 doors. She’s also co-authored the book “You Got This!”, founded the FIBI Pasadena Meetup with over 3,900 members, and provides mentoring to students. You may have also heard her on her Real Estate Breakthrough Podcast.   As a mom to her daughter and successful business owner, Christina offers a unique perspective on expanding your mindset while crafting one's life and investment portfolio to align with your greatest financial freedom.   If you’d like to learn more about the mindset of a real estate investor, sign up for a free RealWealth membership. Our investment counselors can walk you through the process. You’ll also get access to hundreds of webinars and other resources. Just go to realwealthshow.com.   And please remember to subscribe to this podcast and leave a review!   Thanks for listening, Kathy

Are you a busy parent with a relentless full-time job that leaves you without a moment to breathe and very little quality time for your family? Have you ever asked yourself whether this is the lifestyle you signed up for? Have you found yourself proud of your career success but craving something that gives you more time, more flexibility, and less stress? In this episode, you’ll hear from a husband and wife team who got out of the full-time rat race. Palak Shah and Niti Jamdar had climbed the corporate ladder and were feeling quite successful until they had kids. That's when they suddenly found themselves in the midst of a hectic schedule, dragging kids to daycare, working all day, and then coming home exhausted as they fed the kids and put them to bed. You will find out how they made the difficult decision to quit the corporate world and pursue real estate full-time, and how they scaled their business in just 5 years. They are currently celebrating the launch of their new book: “Accelerate Your Real Estate” for Bigger Pockets Publishing. If you’d like help getting off the treadmill and creating real wealth, sign up for a free RealWealth membership. Our investment counselors can walk you through the process. You’ll also get access to hundreds of webinars and other resources. Just go to realwealthshow.com. And please remember to subscribe to this podcast and leave a review! Thanks for listening, Kathy

When you decide to build a rental portfolio, one of the biggest considerations is how you will manage it. You’ll need to decide who will be screening the tenants, taking calls in the middle of the night, doing emergency repairs, scheduling routine maintenance, cleaning and painting between tenants, and maybe even going to court and initiating an eviction now and then. That’s just the short list. A property manager has many responsibilities which might seem like fun at first, but I think it’s a little like getting a new puppy. You are really excited about the puppy until you realize you have a puppy! That’s what happened to Rich and I. We managed our own properties when we first started but quickly learned that we weren’t cut out for it.  In this episode, you’ll hear from a property manager who provides services to many of our RealWealth investors in the Baltimore area. Sheila is a west coast native who’s been in the Baltimore region for 14 years, and has served in positions that have connected her with the community. She’s now the property management director for one of our turnkey providers. Her focus is to provide consistent, empathetic and accurate support for all clients. You can meet members of the Baltimore property team at our upcoming live event in Los Angeles on October 7th. You can also find out more about that live event here and more about purchasing rental properties in Baltimore here. Be sure to sign up for a free RealWealth membership. And don’t forget to subscribe to this podcast and leave a review!  Thanks for listening, Kathy Fettke Subscribe to the RealWealth Show podcast: https://tinyurl.com/RWSsubscribe Join RealWealth and get access to our Realty Portal: https://tinyurl.com/joinrealwealth954 Connect with our Baltimore Property Team: https://realwealth.com/markets/baltimore-maryland/ Register for the Live Event & 20th Anniversary Party this weekend!: https://realwealth.com/celebrating-20-years-of-realwealth-financial-freedom/

Financial literacy is something we all need but for many women around the world, it’s not a priority or wasn’t an educational opportunity. Modern role models aside, women have typically relied on their spouses to take care of the finances white they take care of the kids. It’s not something they’ve needed to know in many cases, until suddenly they do. And then it’s a desperate process to learn quickly and likely to make some mistakes. Rosalia Gitau is one of those women. She became an orphan at age 14 when her mother died of cancer and had to figure out how to become financially secure. But her mother made one critical investment decision before she died that transformed the lives of her loved ones. You’ll hear about that investment decision in this interview, what that taught Rosalia, and what she’s doing to help educate other women around the world about financial security.  Rosalia is the winner of this year’s Money Awareness and Inclusion Awards. MAIA is an organization dedicated to the problem of weak financial literacy around the world and finding the best solutions to help people make better choices. Rosalia is also the founder and CEO of Bixie which is an app that helps people increase their financial literacy. You can find out more at her website, https://www.mybixie.com.  At RealWealth we are also dedicated to helping people create wealth through real estate. You can learn how to do it as a RealWealth member. It’s free to sign up and will give you full access to our website and information on rental markets, property teams that with inventory, and investment counselors that can answer your questions. As always, please be sure you are subscribed to our podcast, and if you haven’t done so yet, please leave us a review!  Thank you for joining me on the Real Wealth Show! Kathy Fettke Links for our Guest: Rosalia Gitau's social media:    Facebook - https://www.facebook.com/mybixie/?_rdc=2&_rdr    Instagram - https://www.instagram.com/mybixie/    Twitter - https://twitter.com/mybixie/    Linkedin - https://www.linkedin.com/company/mybixie/

We’ve been getting a lot of questions from investors trying to make good decisions in a tough market, so I thought I’d dedicate this episode to questions about Florida. It continues to be a strong market for rental properties, but listeners have expressed concerns about climate change, storms, and flooding, along with higher insurance rates and higher home prices and interest rates.   To answer these questions, I’ve invited a Florida property provider onto the show. Brian is someone we’ve worked with for years and will share some amazing insights about Florida real estate investing. He’ll talk about how you can reduce climate change risks, save money on insurance, and lower your monthly mortgage payment with a special 4.75% loan offered by one of his build-to-rent developers.   I plan on answering more listener questions, so if you have questions about real estate investing that you’d like me to answer, reach out to me on instagram or facebook at kathyfettke. You can also send your questions to hello@realwealth.com, and my assistant will hand them over to me.   You can find out more about our live event on October 7th that I mentioned during the interview at realwealth.com. Just go to the Connect tab and click on live events. And to sign up for free as a RealWealth member, go to realwealthshow.com. I would also like to remind everyone to please subscribe to this podcast, and leave a review!    Thank you for joining me on the Real Wealth Show! Kathy Fettke   Additional Links:   Kathy's Instagram: https://www.instagram.com/kathyfettke/ Kathy's audiobook on Audible: https://tinyurl.com/retirerichaudible Syndications:  https://growdevelopments.com/

What U.S. city is close to the North Texas border with one of the largest employers in its state but no housing for all the employees? It’s probably not a city that’s been on your radar unless you live in North Texas, but keep listening and you’ll hear all about this city and how you can take advantage of an investing opportunity. In this episode, you’ll hear from Leah, who’s a long-time property provider for our RealWealth network, and my partner in a single-family rental fund in the Dallas metro area. She has an amazing track record for predicting which areas are ripe for growth, and is very excited to share her latest prediction in this interview. Leah has a $40 million dollar personal portfolio, and is the co-founder of one of the largest property management residential investment firms in North Texas. If you’d like to find out more about the rental funds I mentioned during the interview, go to https://growdevelopments.com. You’ll find information about our North Dallas single-family rental fund which is closing in November, and a new build-to-rent fund for the secret city that Leah talks about in this interview. You can also get help investing in single-family rentals as a RealWealth member. It’s free to join and free to talk to one of our experienced investment counselors.   As always, please be sure you are subscribed to our podcast, and if you haven’t done so yet, please leave us a review!  Thank you for joining me on the Real Wealth Show! Kathy Fettke Additional Links: Kathy's Instagram: https://www.instagram.com/kathyfettke/ Kathy's audiobook on Audible: https://tinyurl.com/retirerichaudible

Do you have questions about commercial real estate that are keeping you on the sidelines? Questions like:     What’s the difference between office and retail space?     What is a debt service coverage ratio and why does it matter?     What’s involved with a triple net lease?     And most importantly, is now the time to buy commercial real estate or does it make sense to wait until values come down further? In this episode, you’ll hear from a commercial real estate broker who’s helped some of our RealWealth investors. Cedric has more than 30 years of experience in the business world and the commercial real estate industry, with a focus on the retail sector. His expertise includes lease negotiations, site selection, market analysis, and property acquisitions. And he joins me to explain some of the commercial real estate lingo and the current CRE environment to help investors better understand this asset class.  You can get in touch with Cedric on our website under the Invest tab. You can also watch a replay of a recent webinar featuring Cedric with more in-depth information on the CRE market. You need to be a RealWealth member to access that information, but membership is free and it’s really easy to sign up. And please don’t forget to subscribe to this podcast!  Thanks for listening! Kathy Follow Kathy on Instagram at: https://www.instagram.com/kathyfettke/ Purchase Kathy’s audiobook on Audible at: https://tinyurl.com/retirerichaudible