Real Wealth Show: Real Estate Investing Podcast

I'm not a very good golfer, and I'm even worse at Topgolf because there's an audience and alcohol involved. But I am excited to introduce today's guest, who came up with the wild idea of turning a  high rise bar into a driving range. It's the epitome of cool, and has been quite a success. This interview was done live at Singularity University's Global Summit in San Francisco last month. You may ha...

Today we're going to talk about how one of our Real Wealth Network employees is living the dream of "real wealth" on a budget. 10 years ago we put out an ad on Craigslist for a receptionist. It was 2009, smack dab in the middle of the Global Financial Crisis. Not too many real estate companies were hiring at that time, but Real Wealth Network was booming. The unemployment rate was massive, so we h...

Buying your first rental property may seem like a monumental task. You have to work outside your comfort zone, to try something new and learn as you go. It's even more difficult if your first properties are out-of-state. So what does it take to pull the trigger on a plan to buy rentals many miles from where you live? How do you manage your properties if you don't live nearby? How do you protect yo...

What were you doing during the 2008 financial meltdown? Perhaps you weren't invested in real estate so you weren't affected. Or maybe you got started buying real estate right after the crash and took advantage of record low home prices due to all the foreclosures. Or maybe you got hit hard like millions of Americans, handing the keys to your property back to the bank. Either way, it's important th...

There's been a lot of headline news about Detroit, specifically that you can buy a home there for $1,000. The Detroit Land Bank Authority is trying to put run-down and vacant properties to productive use. As such, it is now auctioning off thousands of publicly owned properties through its public platform Auction — and the bidding starts at $1,000.  To put that price into context, as of June 2019,...

Our guest today was already retired when he found Real Wealth Network. He lives in California and had one rental property in Texas that he was managing himself. That was putting a damper on his fun years so he decided to exchange that one property for three rental homes in Ohio that he doesn't have to manage. What was a burden suddenly became an asset with a handsome cash flow. Find out how he did...

It seems pretty straightforward. You want to make a little extra money, so you put your home up for rent on Airbnb while you're on vacation. But what liabilities do you face in doing so, and how can you protect yourself with one easy phone call? It also seems like a simple process to self-direct your IRA and place your rental property in a checkbook LLC. It's a good way to protect yourself as a la...

Understanding your market is the first place one should start when vetting  a real estate deal. If a metro area is not growing, neither will the value of your real estate. Our guest today is a leading, internationally-recognized expert on the topic. John Boyd founded The Boyd Company to help big companies like PepsiCo, Boeing, Hewlett-Packard, and JP Morgan Chase with their corporate site selectio...

A few years ago, I went on one of Real Wealth Network's real estate tours to look at rental property in Detroit. And on that trip, I was surprised to meet a man who had flown all the way in from Sweden to join us! We have members from all over the world, but meeting a visitor from Sweden was a first for me. After I started talking to Magnus, I realized he was not just on the tour to see a few prop...

We've got a real smartie on today's show. Daniel Kraft is a Stanford and Harvard trained physician-scientist, inventor, entrepreneur, and innovator. With over 25 years of experience in clinical practice, biomedical research and healthcare innovation, Kraft has served as Faculty Chair for Medicine at Singularity University since its inception, and founded and is chair of Exponential Medicine, a pro...

Our guest today is 30 years old, and about to get married. Three months ago, he took the big leap from his full-time job and is now a full-time real estate investor and the owner of Shane Adams Real Estate. He has six flips and seven doors under his belt, and is looking to do a lot more. He's here to tell us how he did it. Shane, welcome to the Real Wealth Show! www. RealWealthShow.com  

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...

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...

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...

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 ye...

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,...

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...

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...

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 he...

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 whe...

Clarity on the New 20% Deduction If you have an S Corporation, a multi-member LLC, rental portfolio or Schedule C business, there is finally more clarity on how to take your 20% deduction. In this show, find out: How a business can be part eligible and part not How pension contributions affect qualified business income ("QBI") When health insurance reduces QBI and when it doesn't Why QBI must be a...

Rich and Kathy Fettke talk about the past 20 years of co-creating real wealth together and what they've learned about life, business and real estate investing along the way. www. RealWealthShow.com  

It's time to go back to the basics of real estate investing - for buy & hold investors.   This is part 7 of a 7 part series on how to build a portfolio of rental properties that feed you for life.   It's been a long time since I talked about the fundamentals of real estate investing. Real estate investing has proven to be the #1 wealth builder in history. In fact, well-located property has been th...

It's time to go back to the basics of real estate investing - for buy & hold investors.. This is part 6 of a 7 part series on how to build a portfolio of rental properties that feed you for life.   It's been a long time since I talked about the fundamentals of real estate investing. Real estate investing has proven to be the #1 wealth builder in history. In fact, well-located property has been the...