Real Wealth Show: Real Estate Investing Podcast

Working on an investment plan with your spouse can be challenging because money can be a source of tension and conflict. But it can also be a source of strength within your relationship with the right tools and strategies to help align your goals and work as a team. My husband Rich and I have been investing together for more than two decades, and have experienced a lot of challenges, especially at the beginning. But we've come up with ways to foster a better understanding of each other, our visions for the future, and how to get there without damaging the love we have for each other. In this episode, Rich joins me to talk about three of the things we are doing to unite our unique inspirations, visions, talents, and personalities for a unified approach to couples investing. It's also a preview into an extraordinary RealWealth Couples Retreat we have planned for next month at our home in Malibu on June 9th, 10th, and 11th. It's a mastermind that is designed to help strengthen and deepen the connection between partners while learning and/or practicing tools and strategies for a teamwork approach to investing. This is what we aim to accomplish with each couple:: 1 - Grow and strengthen relationships 2 - Learn and connect with like-minded couples 3 - Enjoy fun outdoor activities 4 - Create a compelling shared vision for the future 5 - Design a multi-year plan to achieve a shared vision 6 - Enjoy delicious, healthy food 7 - Celebrate together The event is limited to six couples. At the time of this podcast, there were still two spots left. You can find out more at realwealthcouples.com You can also find out more about what we are doing at RealWealth by becoming a member. It's free to join at realwealthshow.com, and gain access to all parts of our website. When you log in to the investor portal, you will find sample properties, rental market data, and recommendations for professionals who can help you reach your goals. You'll also have access to our experienced investment counselors. We appreciate your positive comments on social media, and please be sure to subscribe to this podcast! Thanks for listening, Kathy Fettke

I just got back from being on the road for a week in four different cities and at three different events. A few people asked me what my company, Real Wealth, does. I thought that was funny since we've been around for 20 years and I just assume people know. But in case you were wondering, it's pretty simple. We help people increase their passive income by helping them acquire a portfolio of cash-flowing rental properties in growing markets nationwide. We simplify the process by identifying experienced property managers who specialize in working with out-of-state investors. These teams have everything an out-of-state investor needs to purchase rental properties including acquisition teams, renovation teams, property management, and most importantly, experienced professionals with a proven track record of success. We offer a free mastermind to these teams so they can continue to improve their service and share their best practices and knowledge with each other. Any team on our referral list comes with rave reviews from our RealWealth members. And if they don't, they are removed from our referral list until those issues are resolved. And, all that we do at RealWealth is free to our members because we get paid from a broker-to-broker referral fee that the buyer would have to pay anyway. It just gets split with us. In this episode, I'm going to interview one of our newest teams located in Cleveland, Ohio. I love Cleveland and have been investing there for years. But it can be tricky. You really need a good team there because the city regulations can be burdensome and some neighborhoods look good on paper but in reality can be very challenging. To get in touch with Mike and his team in Cleveland, sign in to the RealWealth website and login to the Investor Portal. If you haven't become a member yet, please click on the "Join for Free" button. It's easy to sign up and will give you complete access to our website where you can see sample properties in more than a dozen markets across the country, our market data, and our list of preferred real estate professionals including our RealWealth investment counselors. And please remember to subscribe to the podcast to help boost our ratings! Thanks for listening! Kathy Fettke

How would you like to reach your financial goals in half the time you planned? Our guests today are doing just that. Sophie bought her first rental property when she was just 23 years old, thanks to having a Mom who encouraged her to buy real estate. Sophie's husband Ben didn't know much about real estate when they got married, but they both had MBAs, and both worked at Northern California tech companies making a great income. They ended up with two rental properties in the Bay Area that didn't cash flow. In this episode, Sophie and Ben share how they used those negative cash flow properties to build a cash flow machine by investing out-of-state. They say they've reached their financial goals 15 years earlier than they had planned. You can learn more about doing this for yourself by joining RealWealth. You'll find plenty of free educational material on our website. Our investment counselors can also refer you to experienced property teams who can help you get started in real estate. And please remember to subscribe to this podcast and leave us a review! Thanks for joining me on The Real Wealth Show! Kathy Fettke

The dream of being a passive investor is turning into a bit of a nightmare for some people who invested in commercial real estate. They are getting bitten by higher interest rates, slow rent growth, and dramatically higher costs for rate caps and insurance. A 229-unit apartment complex recently foreclosed in Houston, making headlines across the country and leaving hundreds of investors at a total loss. How can investors be more prepared moving forward? In this episode, you'll hear from Whitney Elkins-Hutten on the eight deal breakers that limited partners should be looking for when they work with an operator or for any kind of real estate deal. Whitney is the Director of Investor Education at PassiveInvesting.com and a partner in $800+ MIllion in real estate. Her investments include over 6500+ units in residential housing (single-family, multi-family, manufactured housing, and assisted living), seven express car washes, and more than 2200+ self-storage units across 11 states. She also has experience flipping more than $5 Million in residential real estate. The content of this interview is why I love my single family rental fund. We are raising cash, buying with cash, renovating with cash, increasing values, and refinancing if we get a really good rate with a fixed term. All in an area experiencing job and population growth with high demand for housing. You can find out more at GrowDevelopments.com. Be sure to join RealWealth for full access to our educational material and our investment opportunities. We also encourage all listeners to subscribe to this podcast, and leave one of those sparkly five-star reviews! Thanks for joining me here on the Real Wealth Show! Kathy Fettke

In Part II of my interview with James Eng, the conversation continues about the commercial real estate correction that we're already starting to see. In this half of the interview, James will dig in a little deeper into how the foreclosure of a $229 Million multifamily Texas portfolio is just the first domino to fall, and what he expects to see in the coming months. James has more than 17 years of experience in commercial real estate lending, and is currently the National Director for Old Capital. He started his career as an underwriter at GE Capital Real Estate and joined Old Capital in 2014. He has worked with hundreds of investors to help them acquire over $1.5 Billion in multifamily properties totaling over 20,000 units nationwide. In addition to financing multifamily, he has invested in over 10,000 units as a limited partner in nearly 40 properties in Texas. Often called "The Professor" of Multifamily Financing, James has produced hundreds of hours of educational multifamily content on YouTube. He received his finance degree from University of Texas at Austin and resides in Dallas-Fort Worth with his wife and three boys. LINKS Contact James Eng at https://oldcapitallending.com Join RealWealth here. Subscribe to the Real Wealth Show here. For more information on Kathy's Single-Family Rental Fund, go to: GrowDevelopments.com. Follow Kathy Fettke on Instagram. Purchase Kathy Fettke's book, 'Retire Rich with Rentals' on Audible

A $229 Million multifamily portfolio was just foreclosed on in Houston, Texas. It's the first of what could be similar foreclosures in the commercial real estate industry. And there's a good chance some of our listeners were invested in that portfolio or another one facing the same fate. If you are a multifamily investor, either passive or active, you'll get some great advice in this episode on how to navigate the current commercial real estate environment. You'll hear from Old Capital National Director James Eng. He'll explain why commercial real estate could be facing a massive reckoning, especially for investors who took out bridge loans. In Part One of this interview, you'll get his take on interest rates and the impact on commercial lending. In Part Two, you'll hear more about what he thinks will happen in the months to come. James has over 17 years of experience in commercial real estate lending. He started his career as an underwriter at GE Capital Real Estate and joined Old Capital in 2014. He has worked with hundreds of investors to help them acquire over $1.5 Billion in multifamily properties totaling over 20,000 units nationwide. In addition to financing multifamily, he has invested in over 10,000 units as a limited partner in nearly 40 properties in Texas. Often called "The Professor" of Multifamily Financing, James has produced hundreds of hours of educational multifamily content on YouTube. He received his finance degree from University of Texas at Austin and resides in Dallas-Fort Worth with his wife and three boys. Don't forget to subscribe to the podcast and if you like the show, please leave a review! Join RealWealth today at www.RealWealthShow.com. And for more information on Kathy's Single-Family Rental Fund, go to www.GrowDevelopments.com

Why are some people able to reach levels of wealth at a faster pace than others? It may have something to do with their mindset, or their ability to overcome internal blocks. Normally, I interview people on their journey to creating wealth so that we can learn from their experiences. But today, we are going to dive into the deeper stuff: The subconscious thoughts that often control our decision-making process, which may lead us astray from our wealth-building goals. In this episode, you'll hear from Alecia St. Germain. She's a Certified Immunity to Change Coach and the founder of The Conscious Edge – a leadership and personal development company focused on empowering female entrepreneurs. She began her real estate journey in her late teens and 20's wholesaling probate properties with her mother. She then moved on to mobile home investing in the state of Ohio. After seeing so many women in the real estate industry unconsciously sabotage their own success because of inner conflicts about wealth and their role in the business world, she moved into the personal development side of things as a coach. Alecia has now helped more than 10,000 entrepreneurs with strategies and tactics that help them uncover and transform their unconscious blocks so they can confidently make money, reclaim their time, and step boldly into their role as leaders. You will find Alecia at the upcoming InvestHER CON 2023. It's happening May 18 & 19 in Scottsdale, Arizona. You'll find details at therealestateinvestorher.com/investhercon If you're interested in joining my mastermind for high-level female entrepreneurs, check out my website kathyfettke.com for details. If you haven't yet joined RealWealth, you can become a member for free at realwealthshow.com. And we always ask that you subscribe to our podcast, and please leave a review! Thanks for listening! Kathy Fettke Follow me on Instagram!

We are excited to announce two new markets for rental properties and an investment loan that you may be able to get for under 5%! RealWealth helps investors find and purchase properties in 16 markets that offer a variety of residential rental properties including single-family rentals, short-term rentals, and small multi-families that are both rehabbed and new. In this episode, you'll hear from the Director of our Real Wealth Realty, Leah Collich. She will share what she's doing as an investor and what she's seeing many of our RealWealth members doing. You'll also hear about our property tours and how that can help you make a decision on where and what to buy. Leah began investing in real estate in 2010 and became a RealWealth member in 2017 in order to expand her portfolio into five new markets while living overseas. While she enjoys the creative outlet of flipping, she strongly believes buy-and-hold investing is the path to real wealth. As an Investment Counselor, Leah is passionate about discussing real estate investment strategies that create a clear path to real wealth and helping our members realize that retirement might not be as far away as they think. If you'd like to look at sample properties and get details on upcoming tours, please log into RealWealth or click the Join for Free button if you haven't become a member yet. Members also have access to our experienced investment counselors, including Leah, and a list of recommended real estate professionals for things like deal analysis, investment loans, asset protection, legal services, accounting, self-directed investing, and 1031 exchanges. As always, please be sure you are subscribed to our podcast, and if you haven't yet, leave us a review! Thank you for joining me on the Real Wealth Show! Kathy Fettke

It might not sound sexy, but one of the best parts of owning real estate is the amount of money you can save on taxes. There are several amazing deductions you can take as a real estate investor that many CPAs don't even know about. Some of the tax strategies covered in this interview include cost segregation, carryover loss, and creative ways to depreciate properties. There's also the 1031 exchange, and you'll hear about all of them and more in this interview with one of our highly recommended tax attorneys. Toby knows how to "talk taxes" in a way that is so interesting, you'll probably be as excited as I was by the end of the interview. You can take your enthusiasm to the next level by checking in with Toby or another one of our recommended tax experts, at realwealthshow.com. You need to join RealWealth to access our Investor Portal, but it's free and easy to join. Once you're logged in, you'll find Toby's company listed under the Resources tab in the Asset Protection and CPA/Accounting/Bookkeeping categories. Please remember to subscribe to the podcast and leave us a review! Thanks for listening! Kathy

It's easy to assume that the challenges we face in the U.S. real estate market are unique while the rules of the real estate game might be similar in other countries, especially when it comes to our northern neighbor Canada. After all, Canada is dealing with a housing crunch and is experiencing astronomical home price growth just like we are in the U.S. But you might be surprised at how different we are from Canada when it comes to the rules of the real estate game, especially when it comes to mortgages and investor tools, like the 1031 exchange. (Spoiler: There is no such thing as a 1031 exchange or a 30-year fixed-rate mortgage in Canada.) That's just a teaser! In this episode, you'll get more details from two Canadian real estate investors. Daniel Foch and Nick Hill will explain how the Canadian market differs from the U.S. and what Canadian home buyers and investors are up against. Daniel is a real estate investor, podcast co-host, and realtor with more than 15 years of experience in the real estate industry. He's been featured as a real estate expert in the Wall Street Journal, CBC, BNN, Bloomberg, The Globe and Mail, among others. Nick Hill is a real estate investor, podcast co-host, and mortgage agent. Their podcast: "The Canadian Real Estate Investor." You can find out more about U.S. real estate at realwealthshow.com. Click on the "Join for Free" button to sign up. It only takes a few minutes and will give you complete access to our real estate market data and resources. Please be sure you are also subscribed to our podcast, and don't forget to leave a review! Thanks for listening, Kathy