Mon, 25 May 2020
Deflation is occurring before long-term inflation is expected. When people stop buying things, manufacturers can’t charge enough, so they stop making products. This results in more layoffs. Our national debt is $26 trillion. It’s doubtful that it will ever be repaid. This is why The Fed must inflate. MidSouthHomeBuyers.com has provided our listeners with more cash-flowing property than anyone. They’ve renovated 2,600+ homes in Memphis, TN and Little Rock, AR. They then place a tenant and manage the property for you. In the pandemic, renters prefer single-family homes over apartments. What makes Memphis so resilient? Shipping, distribution, transportation, medical. Memphis’ rental sweet spot is $660 - $990 for this class of property. Sale price: $60K - $95K. These are decent homes. I’ve been inside them with both guests. In 2009, Memphis saw no rent drops or occupancy drops. Last year, they expanded into Little Rock, Arkansas. You can start with a Memphis home for just $14K-$19K with down payment and closing costs. Expect a wait list. This reputable, longtime provider is popular. Resources mentioned: Mortgage Loans: QRPs: text “QRP” in ALL CAPS to 72000 or: By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Construction Turnkey Property: Best Financial Education: Follow us on Instagram: Keith’s personal Instagram: |
Mon, 18 May 2020
You really can gain intelligence in order to achieve wealth and success. Guest John Assaraf guides us in learning how. John is an expert in helping people achieve more. He grew RE/Max of Indiana to nearly $5 billion in sales. Success often comes from making “non-conforming” choices. I give you three examples of my own non-conforming decisions: moving from PA to AK, buying a four-plex, and even launching this show. “We must all suffer from one of two pains: the pain of discipline or the pain of regret. The difference is discipline weighs ounces while regret weighs tons.” -Jim Rohn Commitment drives beliefs, which drive habits, which drives behaviors. How “you see yourself” matters. Strengthen your strengths and manage your weaknesses. You own the most powerful biocomputer in the world - your brain. Few exercise it enough. Learn how to manage fear. It’s one of your strongest emotions. Financial and emotional safety are being preserved. When you control your fear, you can respond rather than react. Resources mentioned: John Assaraf Websites: John’s book “Innercise”: Check out John’s: Twitter: @johnassaraf IG: @johnassaraf Mortgage Loans: QRPs: text “QRP” in ALL CAPS to 72000 or: By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Construction Turnkey Property: Best Financial Education: Follow us on Instagram: Keith’s personal Instagram: |
Mon, 11 May 2020
Learn the history of interest rates, 1971-2020. Mortgage rates just hit all-time lows. Tenants are generally reliably paying the rent during the pandemic. Why? Government pays their income; expenses are lower because they can’t travel anywhere to spend. They have more to spend on the rent. Unnecessary businesses are collapsing: spas, salons, theatres. More than half of mall department stores could be closed by next year, like Macy’s, JC Penney, Lord & Taylor. If you don’t have multiple income streams, the pandemic is harder on you. Chase and Wells Fargo have shut off new HELOCs. Learn about first and second lien positions, subordination. Will car sales tank? No. I play three cornball TV commercial ads from the 1980s about interest rates - GMAC financing, a car dealer in Winnipeg, Manitoba. Chicago is the rare world-class city where investor numbers make sense. I provide street addresses of two available turnkey properties in NW Indiana (Chicagoland). Damion Lupo joins us. With the CARES Act, you can access 401(k) funds more easily, and direct them into an eQRP. eQRPs can invest in: real estate with or without debt, syndications, rentals, flips, domestic land, foreign land, mobile homes parks, precious metals, mortgage notes, oil & gas, private money lending, options, franchises and more. Resources mentioned: QRPs: text “QRP” in ALL CAPS to 72000 or: By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. Financial Underdogs on Apple Podcasts Two Chicagoland Turnkey Properties: Throwback TV automobile ads: Mortgage Loans: New Construction Turnkey Property: Best Financial Education: Follow us on Instagram: Keith’s personal Instagram: |
Mon, 4 May 2020
Can you count on rent collection in the pandemic? Could home prices drop? Is it better to buy property today, or say, six months from now? If you think that the pandemic will drag on for years and badly affect the economy, stay on the sidelines. Most think it'll bounce back this summer. I talk with guest Gregg Cohen, who helps manage 3,500 rental units in Jacksonville, FL for insight. Forbearance stabilizes housing values. Without it, some would have to sell their home. Many Florida residents are paid more from unemployment compensation than if they worked. This assists in rent collection. Gregg & his company offer you new construction Jacksonville, FL property. If your tenant cannot rent, they will pay your mortgage for you up to six months. This is only for GRE listeners that use this link: https://www.getricheducation.com/jax/ Resources mentioned: Jacksonville new construction property: Mortgage Loans: QRPs: text “QRP” in ALL CAPS to 72000 or: By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Construction Turnkey Property: Best Financial Education: Follow us on Instagram: Keith’s personal Instagram: |