Real Wealth Show: Real Estate Investing Podcast

Our guest today probably broke her financial planners advice. Right at retirement age, she took her money out of the market and invested it in cash flowing real estate out of state. Some would call this extremely risky. Real estate investors might say it's a way to secure one's wealth to hard assets during the golden years. Let's see what Irene says, Welcome! www.RealWealthShow.com

On today's show, I interview my sister, Danielle, who's faith has kept her alive and thriving -- even through some of life's greatest challenges. Her perseverance is an inspiration for anyone who's fighting an illness, or having major doubts about their own self worth and happiness. If you are interested in donating to Danielle's cancer treatment, visit: https://www.gofundme.com/help-danielle-live www.RealWealthShow.com

Our guest today spent a lot of time helping other real estate investors get rich. She is a home renovation designer. One day she realized that she was a large reason why properties were selling for higher prices and owners were making a killing, but she was only getting her hourly rate. And that hourly rate was not going to help her and her husband retire in time. So she found a solution. George and Sue realized that being the owner of property was the way they could accelerate the growth of their retirement plans, so they started looking into how they could do it. They began to search the country for the best areas for investing in flips. But then they heard me talk about buy & hold investments on another podcast - and realized that with their busy schedule, this might be a better way. They were nervous because they had owned property in the past, but with poor property management. So before buying anything else, they had a whole lot of questions. And these questions I thought would be really helpful to our audience. Sue and George, welcome!

U.S. long-term mortgage rates fell again this week, marking an entire month of declines. This will likely lead to a robust Spring buying season. For real estate investors, low rates increase cash flow, especially when rents are on the rise. It's a great time for real estate investors to lock in low interest rate loans that increase cash flow, all the while rents are increasing. Our guest today has helped real estate investors since 1997 to get the loans they need to build a robust real estate portfolio. He's not just a loan broker. Aaron Chapman finances about 700 transactions per year for real estate investors and gets to see where they are successful and where they are failing. And he uses that experience to coach others. And he's here with us today on the Real Wealth Show. www.RealWealthShow.com

10,000 baby boomers are turning 65 every day for the next 10 years. How many will be able to actually retire? Baby boomers are defined as the generation born between 1946 and 1964 — in the United States, according to the Pew Research Center. Some reports say only 1/3rd of this population, estimated to be around 70 million people, have enough money saved to get them through what could be 30 more years of life. In fact approximately $1M in investments is what is needed to do that. And a majority of those Boomers have invested their savings in the stock market, which has done very well for them over the past decade. But historically, stocks don't always go up. You don't want to face retirement and suddenly be in the midst of a recession, watching your 30 years of investment wash away overnight - like just 10 years ago. Our guest today found another way. He's been following our "10 properties, 12 year" program and was able to "retire" last year and live off "some" of the rental income and use the balance to pay down the remaining mortgages. He's been on our show before and he's back. Walt, welcome back to the Real Wealth Show! www.RealWealthShow.com

Busy professionals may not have the time to buy, renovate and manage their rental properties. And if they live in expensive metros, they may not be able to find properties that cash flow nearby. This often leaves them no choice but to buy property out-of-state that is already renovated and managed, which is also known as "turnkey" rental property. But does turnkey mean problem free? Unfortunately, it does not. Rental properties are never truly turnkey in the sense that you can just buy them and forget about them because they magically create checks that show up in your mailbox or inbox. Properties are not like stocks. If you buy an Apple stock, and your neighbor buys and Apple stock, you are basically buying the same thing -- maybe just at a different price. With real estate, every single property is different. And therefore, turnkey or not, they all require a buyer's due diligence. Our guest today was in that exact situation. He wanted to build a rental portfolio but couldn't do it locally. So he researched the turnkey model, and created systems that he'll share with us on the Real Wealth Show. www.RealWealthShow.com

Home sales slowed in the second half of 2018, so much so that new home builders in many areas had to offer price reductions and add-on incentives. As you may know, Real Wealth Network partners with experienced developers to build out subdivisions nationwide. We have projects in Reno, Tampa, Park City, and Bozeman. On today's show, we'll hear from 40-year veteran developer, Fred Bates, on how those projects are doing, and whether or not it's still a good time to build new homes. Fred also acts as my advisor. Whenever another developer brings us a project, I first send it to Fred for review. 90% of the time, Fred gives the project a thumbs down because it's too risky, often because it's dependent on too much leverage with tight margins. Let's find out what he looks for in a good deal. You can also meet Fred, along with five rental property providers from seven different markets at www.RealWealthShow.com

So often people ask me where I think the best place to buy rental property is today. So I thought I'd bring on someone who has access to real time information from lots of investors on which areas are cash flowing best, and which areas are appreciating the most. Our guest today is Ben Smith, and you may have heard his name because he hosts most of our weekly webinars . He's been an investor for a couple decades, was a member of Real Wealth Network for many years, and was hired in 2014 as an investment counselor to help other Real Wealth Network members get their questions answered and help them set up a plan. Meet Ben at our upcoming event on May 4/5th! You can register at: www.RealWealthNetwork.com/live-events/

The long-awaited Opportunity Zone Regulations were released on Wednesday, April 17th! But unless you're a seasoned tax attorney, you might not totally understand what's written in those 162 pages. But fret not! Our guest today will help us decipher this secret language of the IRS. Clint Coons is an attorney, real estate investor and is the Manager of Anderson Business Advisors and Law Group. He helps investors and business owners with very high level asset protection and business planning services. He also recorded a webinar for us to better explain this new tax incentive, which you can find on our website at www.RealWealthShow.com. Just log in to the the Investor Portal and look under the Invest Tab under Opportunity Zones for the link to Clint's Webinar, "Setting Up Your Opportunity Zone Fund". And he's here with us today on the Real Wealth Show. Welcome Clint!

Warning, warning! This will be one of my more cautionary shows. So only listen if you want a dose of reality. Or if you want to better understand my mission here. Even though we've seen asset values and stock prices going up, there are some real threats to our country today. I think the biggest threat is our addiction to debt. The national debt continues to balloon out of control, to the point where our government can't even barely afford the interest payments on that debt. The same is true for many corporations, who borrowed way too much money when interest rates were at near zero levels. The Federal Reserve is in a pickle. If they continue to raise interest rates, it will be even more difficult to pay off debt. So it essentially loses it's power to regulate the economy by raising rates - if things get too heated. It also has lost the power to lower rates because they are already so low. What does this have to do with real estate investors? As you'll see in the following interview, real estate is a hard asset - and one that people need. It is not flimsy like fiat currency - like the dollar - that is really tied to nothing anywhere and only has value because the US. government says it does. If the value of the dollar declines, there's a good chance the value of hard assets increases - because you need more dollars to pay for the asset. Our guest today outlines these ideas in his book, How To Press America's Reset Button which can be found on Amazon. Sean Burke also has a radio show called the Sean Burke Show, which focuses on national politics, coming economic disruptions and national news, as well as interviewing and highlighting changemakers in our society – people who are making a positive difference in the world at levels both small and large. www.RealWealthShow.com