One Rental At A Time

In this episode, we delve into two hot-button economic policies that are taking center stage in the current presidential election cycle: rent control and tariffs. We discuss the potential impacts these policies could have if adopted, how they might affect the housing market, consumer prices, and overall economic stability. Join us as we explore the pros and cons of each policy and what it means for you as an investor and consumer. Episode Highlights: [00:00] - Introduction to the debate on rent control and tariffs. [00:39] - Analysis of rent control proposals and their economic impacts. [02:15] - Historical evidence on the effects of rent control. [03:32] - How rent control can make people homeless and landlords richer. [06:04] - Personal experiences and views on rent control from landlords. [07:52] - The constitutional challenges and political motives behind rent control. [10:25] - Transition to the discussion on tariffs and their implications. [12:03] - Economic theories and unintended consequences of tariffs. [14:00] - The impact of tariffs on consumer prices and inflation. [17:55] - National security considerations and targeted tariffs. Links & Resources: One Rental at a Time Follow on Twitter for more updates and insights. Closing Remarks: If you enjoyed this episode, please rate, follow, and share our podcast. Your support helps us bring more valuable content to you. Let's stay informed and make smart decisions together!

In this episode, we dive into the current state of the housing market, focusing on the record number of homes underwater. Join me as we explore some fascinating stats from the Dallas-Fort Worth area, delve into the week's key economic reports and earnings, and discuss what these trends mean for investors and homeowners alike. I’ll also share insights on how you can capitalize on a slow market to find great deals and build wealth. Episode Highlights: [00:00] - Introduction and CrowdStrike global outage. [01:51] - Key economic numbers and expectations for existing home sales. [03:47] - Mortgage applications and the slow market advantage for investors. [06:12] - Q2 GDP and other critical economic reports. [07:52] - Analysis of the record number of homes underwater. [08:50] - Dallas-Fort Worth housing inventory and pricing trends. [12:09] - Strategy for finding motivated sellers and making great offers. [15:12] - Special shout-out to our school community and upcoming accountability groups. Links & Resources: One Rental at a Time Follow on Twitter for more updates and insights. Closing Remarks: If you enjoyed this episode, please rate, follow, and share our podcast. Your support helps us bring more valuable content to you. Let's make the most of this market together! Happy investing!

In this episode, we dive into the exciting world of investor loans with Jonathan from Convoy Home Loans. Did you know it's nearly impossible to get a conventional investor loan with just 20% down? Jonathan shares the inside scoop on a DCR loan product that offers investor loans with 20% down at interest rates in the low 7s, and even potentially in the low 6s if you're willing to put a bit more down. This is a game-changer for real estate investors, especially in lower-cost states where every percentage point counts towards your cash-on-cash return. We also explore the nuances of maximizing your yield, the advantages of putting more down to secure better rates, and why conventional loans are becoming harder to obtain. Jonathan discusses how this new loan product can help investors lock in fixed debt for 30 years, ensuring predictable returns and minimal risk. Plus, we talk about the current market trends and why now might be the perfect time to jump in and secure these favorable terms. Episode Highlights: [00:00] - Introduction to investor loans with 20% down. [00:44] - Market changes and the importance of getting deals to work. [01:35] - Cash-on-cash return and the significance of saving 5% on down payments. [02:26] - Understanding the formula for calculating yield. [03:42] - Benefits of putting more down to get lower interest rates. [04:56] - Why locking in a low 6% rate is a smart move for investors. [08:12] - Challenges with conventional loans and stricter underwriting. [09:06] - Risks associated with changing titles post-closing and the importance of compliance. [12:29] - The potential role of AI in mortgage underwriting and audits. [13:46] - Advice for investors considering DSR loans over conventional options. Links & Resources: Convoy Home Loans Closing Remarks: If you found this episode insightful, please rate, follow, and share our podcast. Your support helps us bring more valuable content to you. Happy investing!

In this episode of the Properties for Profit podcast, I dive into the intricacies of managing salespeople effectively. From the initial interview process to onboarding and ongoing training, I share actionable tips and personal anecdotes to help you avoid common pitfalls. Learn why it's crucial to follow a structured hiring process, how to set clear expectations, and the importance of maintaining your company's core values. I'll also discuss the significance of ongoing training, managing emotions, and the tough decisions regarding underperforming sales reps. Whether you're struggling with hiring the right talent or looking for ways to boost your current team's performance, this episode is packed with valuable insights. Timeline Summary [00:00] - Introduction to the Properties for Profit podcast and today's topic: managing salespeople. [01:00] - Importance of a structured interview process and checking candidate backgrounds. [03:00] - Onboarding tips: ensuring new hires understand your company and role expectations. [05:00] - Initial training: role-playing, feedback, and assessing coachability. [07:00] - Setting clear 30, 60, 90-day goals and the necessity of ongoing training. [10:00] - Managing emotions and biweekly check-ins to support salespeople. [12:00] - The impact of maintaining core values and when to part ways with a sales rep. [15:00] - Strategies for effective communication through text messages and voicemails. [17:00] - The importance of always having a pipeline of potential hires. Links & Resources Follow Michael on Instagram: Real Estate Mike 02 Closing Remark Thank you for tuning into today's episode of the Properties for Profit podcast. If you found our discussion valuable, please subscribe, share, and follow us for more updates and tips. Let's continue to turn properties into profits together!

In today's episode, we dive deep into several compelling topics shaping the financial landscape. We start by debunking the widespread myth that large institutions own 35% of single-family homes in the U.S. We'll break down the real numbers and provide you with the facts. Next, we discuss Ken Griffin's astonishing $45 million purchase of a Stegosaurus skeleton and ponder where one might display such a unique item. We also cover the latest unemployment figures, analyze the implications of potential Federal Reserve rate cuts, and examine the recent trends in jobless claims. Further, we explore a significant default by Goldman Sachs and Ballast on a $687 million loan for 1,200 apartment units in San Francisco, shedding light on the growing challenges in the multifamily sector. Lastly, we discuss the Federal Reserve's Beige Book report, which offers insights into economic growth and consumer behavior across different districts. Join us for a thorough analysis of these topics and more, providing you with the knowledge to navigate the current economic landscape. Timeline Summary [00:00] - Introduction and debunking the myth about large institutions owning 35% of single-family homes. [02:09] - Breaking down the actual percentage of homes owned by large institutions. [03:19] - Weekly jobless claims and their implications. [04:39] - Discussing potential Federal Reserve rate cuts and their timing. [07:08] - Goldman Sachs and Ballast's default on a $687 million loan. [09:06] - Analysis of the Fed's Beige Book report on economic growth and consumer behavior. [11:00] - Opportunities for investors in a slow real estate market. [12:18] - Invitation to join the One Rental at a Time community for networking and resources. [17:24] - Call for feedback on how to enhance the One Rental at a Time community experience. Links & Resources One Rental at a Time Community Follow Triple Net Investor on Twitter for multifamily and office data insights. Closing Remark Thank you for tuning in to today’s episode. If you enjoyed our discussion, please rate, follow, share, and review our podcast. Your support helps us reach more listeners and continue to provide valuable insights. Join our community for more in-depth discussions and resources to support your investment journey.

In this episode, we welcome Bill Huff, author of "Just Buy a Duplex," to discuss the advantages of investing in duplexes and small multifamily properties. Bill shares his journey from starting in real estate in 2012 to becoming an experienced investor focusing on residential multifamily properties in San Antonio, Texas. We delve into the benefits of house hacking, the importance of understanding your numbers, and why buying a duplex can be a great entry point for young adults and new investors. Bill also provides insights into his book and the five levels of financial security. Episode Highlights: [00:00] - Introduction to Bill Huff and his book "Just Buy a Duplex." [00:50] - Bill's background and entry into real estate investing. [02:18] - The concept of house hacking and its benefits for new investors. [03:47] - Bill's investment focus on residential multifamily properties in San Antonio. [05:57] - Discussion on the configuration and benefits of new construction multifamily units. [08:40] - The importance of buying properties that can be backfilled with tenants. [10:50] - Bill's inspiration for writing "Just Buy a Duplex." [14:18] - The five levels of financial security and their significance. [19:01] - Strategies for investing in real estate after 50. [26:01] - Final advice for new investors and the benefits of starting with small multifamily properties. Links & Resources: One Rental at a Time School: www.onerentalatatime.com/school Old Guy Ry YouTube Channel: www.youtube.com/oldguyry Follow Old Guy Ry on Instagram: www.instagram.com/oldguyry Bill Huff's Website and Book: www.groupohq.com Closing Remarks: Thank you for tuning in to this episode! If you enjoyed it, please rate, follow, share, and review our podcast. Join our One Rental at a Time School community for exclusive access to in-depth discussions, millionaire conversations, and educational resources. Don't miss out on the opportunity to network and learn from experienced investors like Bill Huff. Have an amazing day, and we'll catch you in the next episode!

In this episode, we explore the controversial topic of rent control and its potential impact on the housing market. We also dive into the latest economic updates, including the Federal Reserve's rate cut expectations and retail sales data. We discuss insights from economic experts and examine the broader implications of policy decisions on the real estate market. This episode is packed with valuable information for investors and homeowners alike. Episode Highlights: [00:00] - Introduction and announcement about Henry Washington's session in the One Rental at a Time School. [00:49] - Discussion on the negative effects of rent control, including reduced supply and capital investment. [05:19] - Examination of the Federal Reserve's rate cut expectations and market predictions. [07:03] - Analysis of retail sales data and consumer spending trends. [09:10] - Update on active inventory and new listings in the housing market. [11:13] - Earnings reports from major banks and their implications for the economy. [12:33] - Survey results on side hustles and additional income streams. [13:27] - Zillow's insights on homeowners' likelihood to sell based on mortgage rates. Links & Resources: One Rental at a Time School: www.onerentalatatime.com/school Uneducated Economist YouTube Channel: www.youtube.com/uneducatedeconomist VectorVest: www.vectorvest.com - Tool for analyzing stock fundamentals Closing Remarks: Thank you for tuning in to this episode! If you enjoyed it, please rate, follow, share, and review our podcast. Join our One Rental at a Time School community for exclusive access to in-depth discussions, millionaire conversations, and educational resources. Don't miss the opportunity to interact with experts like Henry Washington. Have an amazing day, and we'll catch you in the next episode!

In this episode, we highlight the surprising growth and value brought to the One Rental at a Time school community by dedicated members like Frank, who leads the Accountability Group. We explore how the group started, its purpose, and the benefits of joining. From beginners to seasoned investors, everyone can find value in this supportive environment. We also discuss the unique contributions of group members, the importance of gentle accountability, and the power of networking within the community. Episode Highlights: [00:00] - Introduction to the Accountability Group and Frank's role. [00:47] - Origins of the Accountability Group and its growth. [01:36] - Benefits of joining the Accountability Group. [03:42] - Importance of evening meetings and community support. [04:49] - Networking opportunities and real-life success stories from group members. [06:22] - Gentle accountability and creating a supportive environment. [08:13] - Sharing experiences and learning from diverse investing backgrounds. [10:22] - The evolving community and future goals. [14:22] - Encouraging more members to join and contribute. Links & Resources: One Rental at a Time School: www.onerentalatatime.com/school Old Guy Ry YouTube Channel: www.youtube.com/oldguyry Follow Old Guy Ry on Instagram: www.instagram.com/oldguyry Closing Remarks: Thank you for tuning in to this special episode! If you enjoyed it, please rate, follow, share, and review our podcast. Join our One Rental at a Time School community for exclusive access to in-depth discussions, millionaire conversations, and educational resources. Don't miss out on the opportunity to network and learn from experienced investors. Have an amazing day, and we'll catch you in the next episode!

In this episode, we dive into the current state of the broken housing market and explore potential solutions. We discuss the latest earnings reports from big banks and retailers, highlight insights from economic experts like Mohamed El-Erian, and review key economic data such as the Empire State Manufacturing Survey. The focus is on understanding the factors that could potentially fix the housing market, including unlocking inventory, building more affordable homes, and increasing buyer demand. Episode Highlights: [00:00] - Introduction to the broken housing market and upcoming earnings season. [00:23] - Reviewing insights from experts and the Empire State Manufacturing Survey. [02:18] - Discussion on the lowest number of new listings in over a decade. [03:58] - Analysis of mortgage rates and their potential to drop to 6%. [05:03] - Earnings reports from Goldman Sachs, JP Morgan, Wells Fargo, and Citigroup. [07:21] - Insights from Mohamed El-Erian on the potential for delayed rate cuts. [12:07] - Detailed discussion on the broken housing market and potential fixes. [19:07] - Closing remarks and community announcements. Links & Resources: One Rental at a Time School: www.onerentalatatime.com/school Uneducated Economist YouTube Channel: www.youtube.com/uneducatedeconomist VectorVest: www.vectorvest.com - Tool for analyzing stock fundamentals Closing Remarks: Thank you for tuning in to this insightful episode! If you enjoyed it, please rate, follow, share, and review our podcast. Join our One Rental at a Time School community for exclusive access to in-depth discussions, millionaire conversations, and educational resources. Don't miss the opportunity to interact with Henry Washington in our upcoming session. Have an amazing day, and we'll catch you in the next episode!

In this special edition for the One Rental at a Time School community, we dive deep into market cycles with Dan Byrd. We spend the first part of the hour examining the 17-year cycle theory for both the stock market and real estate. We also discuss the potential for a significant downturn in 2025 and explore the evidence for these cyclical patterns. The latter part of the episode is dedicated to answering audience questions about individual stocks, ETFs, and market trends, offering insights into trading strategies and long-term investing. Episode Highlights: [00:00] - Introduction to the 17-year cycle theory and its implications for the stock market and real estate. [00:24] - Exploring variations of market cycles and their historical accuracy. [02:10] - Warren Buffett's perspective on market cycles and historical trends. [04:00] - Analysis of secular bull and bear markets over the past century. [06:10] - Discussion on the symmetrical nature of market cycles and potential future trends. [08:22] - Real estate market cycles and predictions for the next peak. [10:00] - Insights into how to use technical indicators and trend models for trading. [12:00] - Audience Q&A session covering individual stocks, ETFs, and trading strategies. Links & Resources: One Rental at a Time School: www.onerentalatatime.com/school Uneducated Economist YouTube Channel: www.youtube.com/uneducatedeconomist VectorVest: www.vectorvest.com - Tool for analyzing stock fundamentals Closing Remarks: Thank you for tuning in to this insightful episode! If you enjoyed it, please rate, follow, share, and review our podcast. Join our One Rental at a Time School community for exclusive access to in-depth discussions, millionaire conversations, and educational resources. Have an amazing day, and we'll catch you in the next episode!