1040: Best Tips for Using a HELOC in 2024 - Episode 1040
The HELOC, or home equity line of credit. is a great financial tool you can use to reach a variety of financial goals, whether you want to pay off high interest debt, invest in real estate, or pay down the principal balance of your primary residence. I get a ton of questions about using a HELOC, so this video is going to act as a resource to answer some of those most commonly asked questions. ...
8m Apr 04, 2024
8m
1039: Q&A: Should I Sell My Overvalued Property? - Episode 1039
A recent Forbes article recently ranked Lubbock, Texas as the most overpriced housing market in 2023. The data showed that every home sold in July 2023 sold above its asking price. Today's first caller asked what this means, and wondered if investors should consider selling instead of renting their properties in this market. We're going to dive into this topic on today's show! This Q&A episode...
23m Apr 01, 2024
23m
1038: 5 Ways to Buy Rental Property without a Mortgage - Episode 1038
When you think about buying a rental property, you probably think about going through the traditional underwriting process at a big-name bank. Traditional mortgages can be a helpful tool for growing your real estate portfolio… but there are also a lot of scenarios in which a mortgage isn’t the right fit. So if you find yourself in a situation where you’re trying to grow your portfolio without ...
9m Mar 28, 2024
9m
1037: Q&A: What's the Best Way to Finance a Bulk Deal? - Episode 1037
Today's first caller has the opportunity to buy an entire portfolio of rental properties from another investor. But because he's new to investing in real estate, he's worried that lenders might laugh him out of the room. So what's the best way to obtain financing on a bulk deal? That's the first question I'll be answering on today's show! This Q&A episode of Investing in Real Estate features t...
22m Mar 25, 2024
22m
1036: This Is Devastating to America's Credit Score - Episode 1036
Credit card debt in the US recently reached $1 trillion in the second quarter of 2023 – for the first time ever. Economists cite reasons like inflation and rising interest rates as major contributors to this debt crisis. But here’s what I dislike about that narrative: it leaves consumers feeling entirely powerless. We can’t control inflation or what interest rates are doing. But we can control...
11m Mar 21, 2024
11m
1035: Q&A: Should I Sell My Home to Start Investing? - Episode 1035
Today's first caller wants to start investing, and she's not sure if she should sell her home, start house hacking, or take another route. What's the best option for her to start diversifying her income? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm taking three of your great questions on how to decide if you should sell your h...
19m Mar 18, 2024
19m
1034: The #1 Way to Build Your Net Worth - Episode 1034
The typical American household net worth surged 37% during the pandemic according to the Federal Reserve’s Survey of Consumer Finances. And on today's show, we're going to discuss a major reason why – the power of real estate. On this episode of Investing in Real Estate, you're going to learn why real estate is the number one way to build your net worth. I'm sharing how real estate measures up...
11m Mar 14, 2024
11m
1033: Q&A: What's the Difference Between Bonus Deprecation and a Cost Segregation? - Episode 1033
What's the difference between bonus depreciation and a cost segregation, and can they coincide? That's the first question I'm answering on today's Q&A edition of Investing in Real Estate! This episode features three great listener questions on tax strategies, getting started in real estate with no money and bad credit, and the truth about elevated home prices. I'm also going to be sharing some...
18m Mar 11, 2024
18m
1032: HELOC vs. Cash-Out Refinance for Growing Your Portfolio - Episode 1032
In this economy, most American homeowners are flush with equity. Having plentiful equity in your home is beneficial for many reasons. It can be a great tool for reaching multiple financial goals, whether you’re trying to pay off debt, lower the principal balance on your mortgage, or buy rental real estate. If you’re considering using your home equity to grow your real estate portfolio, your op...
6m Mar 07, 2024
6m
1031: Q&A: What's the Best Investment for Retirement? - Episode 1031
Today's first caller owns a couple of rental properties alongside her husband. As they reach retirement age, what's the best investment type? Should they open a self-directed IRA or buy properties in other ways? That's the first question I'm answering on today's show! This episode of Investing in Real Estate features three of your investing questions on topics like retirement, the best incenti...
17m Mar 04, 2024
17m
1030: The Four Habits of Highly Successful Real Estate Investors - Episode 1030
What does it take to become a highly successful real estate investor? Your mind might immediately run to things like income or returns—but the truth is that what marks your success is ultimately rooted in your mindset and your habits. On today's show, I’m sharing four simple and realistic habits of successful investors. These four traits are shared by every successful real estate investor I kn...
9m Feb 29, 2024
9m
1029: Q&A: Can I Use a Self-Directed IRA If I Want to Retire Early? - Episode 1029
There are many benefits of investing inside of a retirement account like a self-directed IRA. But if you want to retire early, can a self-directed IRA help you reach your goals? That's the first question I'm answering on this episode of Investing in Real Estate! This Q&A episode features three great listener questions on deciding if retirement accounts are right for you, how to determine if yo...
21m Feb 26, 2024
21m
1028: The Best Ways to Buy Real Estate in 2024 - Episode 1028
The sky is the limit when it comes to ways to purchase real estate. Some investors like working with their local hometown banks, some use private financing, and others enjoy the benefits of buying real estate inside their retirement accounts. The beauty of this is, there’s no right or wrong way to build wealth through real estate. As long as you’re taking consistent action toward your goals, it...
9m Feb 22, 2024
9m
1027: Q&A: When Should I Sell a Rental Property? - Episode 1027
If you own a rental property that needs constant repairs and maintenance, what should you do? Is it better to sell a high maintenance property, or is there a better way to deal with it? That's the first question I'm answering on this Q&A episode of Investing in Real Estate. Today I'm answering three of your great questions on dealing with repetitive repairs, turning your first home into a rent...
16m Feb 19, 2024
16m
1026: How to Master Your Mindset for Real Estate Investing - Episode 1026
Real estate investing isn’t just about the brick-and-mortar components. In fact, I could care less about the specific details of a property, as long as it’s safe and in good condition. What really matters when it comes to investing is getting your mind right. On this episode of Investing in Real Estate, you’re going to learn about the critical connection between mindset and success for investo...
11m Feb 15, 2024
11m
1025: Q&A: How Can I Find a HELOC Checking Account? - Episode 1025
If you want to use a HELOC to pay off your mortgage, the easiest way is to utilize your HELOC as a checking account. But where can you find these types of HELOCs? That's the first question I'm answering on this episode of Investing in Real Estate! Today's Q&A episode features three of your great questions about finding HELOC products, rental companies, and how to buy rental properties inside a...
13m Feb 12, 2024
13m
1024: 5 Simple Steps to Start Investing Like a Pro - Episode 1024
If you want to become a real estate investor, but you’re not sure where to begin, this episode is for you. I’m going to walk you through five simple steps you need to take to begin investing in real estate. I know from experience that when you’re trying to make the jump to becoming an investor, it can be easy to get caught up in the weeds of things that ultimately don’t matter. So get ready to...
9m Feb 08, 2024
9m
1023: Q&A: How Can I Teach My Children Financial Intelligence? - Episode 1023
How can you teach your children financial intelligence? What are the best resources you can arm yourself with in order to pass down important lessons about money? That's the first question I'm answering on this Q&A episode of Investing in Real Estate! This episode features three of your great questions about financial education resources, minimizing high taxes, and deciding what to do with a h...
19m Feb 05, 2024
19m
1022: Do This to Hack the Retirement System - Episode 1022
According to recent data from the Federal Reserve (https://www.federalreserve.gov/publications/2022-economic-well-being-of-us-households-in-2021-retirement.htm) , only 40% of Americans feel like they’re on track with their retirement savings. But I’m going to let you in on a little secret: traditional retirement accounts like the 401k aren’t designed to give you confidence or financial security...
10m Feb 01, 2024
10m
1021: Q&A: Which States Are Best for New Investors to Buy Real Estate? - Episode 1021
What are the best states to buy rental real estate? And what makes a rental market profitable? That's the first question I'm answering on this Q&A edition of investing in real estate! On today's episode of Investing in Real Estate, I'm answering three of your great questions. We're going to cover topics like rental markets, buydown credits, and how a banking collapse could affect your portfoli...
15m Jan 29, 2024
15m
1020: How to Go From Being a Homeowner to an Investor - Episode 1020
Most Americans have been sold the idea of the quintessential American Dream… the vision of owning a home with a white picket fence. In fact, a survey released by Bankrate showed that 74% of respondents cited homeownership as the pinnacle of success, outranking education, retirement, family, and career achievements. But owning your home is much different than owning a performing asset like a re...
7m Jan 25, 2024
7m
1019: Q&A: How Can I Grow My Portfolio with a High Debt-to-Income Ratio? - Episode 1019
Our audience asks the best questions, and on today's show, I'm going to tackle a few of them. On this episode of Investing in Real Estate, I'll be answering three of your questions on various real estate topics. This Q&A episode features three great questions on topics like investing with a high debt-to-income ratio, how to decide if you should pay off mortgages, and buying a property with a s...
19m Jan 24, 2024
19m
1018: Creative Financing Secrets for Buying Real Estate - Episode 1018
Too many people think inside the box when it comes to buying real estate. If you’ve ever gotten a “no” from a lender, that is not your destiny. If buying real estate is something you truly want to do, then the old adage applies: where there’s a will, there’s a way. There are truly so many ways to get started buying real estate. If you have tenacity, willingness, and the ability to be creative,...
9m Jan 18, 2024
9m
1017: Q&A: Should I Self-Insure My Property - Episode 1017
Insurance is a critical piece of owning and protecting any piece of real estate. Is it a good idea to self-insure your rental property? That's the first question I'm answering on this Q&A edition of Investing in Real Estate! On today's show, I'm answering three of your great questions about self-insurance, self-directed IRAs, and how to invest in US real estate from Canada. We'll also talk abo...
20m Jan 15, 2024
20m
1016: How to Take Control of Your Financial Future - Episode 1016
You’ve heard all the traditional financial advice, like the importance of automating your savings, sticking to a budget, and maximizing contributions to your retirement accounts. But if you follow this outdated advice, you’re going to get average, or below average outcomes. The truth is you cannot save your way to wealth. You can only build your way to wealth. On today's show, I’m sharing five...
9m Jan 11, 2024
9m
1015: Q&A: How Can I Use a Veterans Affairs Loan to Grow My Portfolio? – Episode 1015
Today’s first caller used a Veterans Affairs loan to house hack. What’s the best way for him to grow a strong real estate portfolio? On today’s show, I’m answering this great question, and more! This Q&A episode features three of your questions on investing with a VA loan, vacancy rates in our rental markets, and my take on the possibility of a global banking crash. As always, I appreciate your...
18m Jan 08, 2024
18m
1014: Is a US Housing Crash Coming in 2024? - Episode 1014
The current housing market landscape consists of home prices consistently climbing, high mortgage interest rates, and an overall cooldown. Everyone is speculating about an impending market crash. But is there actually data to suggest an impending crash? That’s what we’re going to talk about on today’s show! On this episode of Investing in Real Estate, we're going to dive into the likelihood of...
7m Jan 04, 2024
7m
1013: Q&A: How Much Equity Should I Tap Into? - Episode 1013
If you have access to a big chunk of equity, how much should you tap into to grow your real estate portfolio? And what is the best product to help you reach your goals? That's the first question I'm answering on this Q&A edition of Investing in Real Estate! On today's show, I'm answering three of your real estate investing questions spanning topics like using home equity to invest, the mechani...
15m Jan 01, 2024
15m
1012: Exposing the Truth About Your Retirement - Interview with Mat Sorensen - Episode 1012
New data shows the average American is not prepared for retirement thanks to faulty programs like the 401(k) plan and traditional IRAs. But what can you do if you want to have a more comfortable retirement? Luckily, there are a few alternative retirement plans that can create better outcomes. In this interview, we're joined by Mat Sorenson CEO of Directed IRA, partner at KKOS Lawyers, national...
33m Dec 28, 2023
33m
1011: Q&A: Should I Diversify My Portfolio? - Episode 1011
Should you use the equity in your rental property to buy more investments and diversify your portfolio? That's the first listener question I'm tackling on this edition of Q&A Monday! Every Monday, I answer three of your real estate related questions. This episode contains conversations on utilizing equity, accounting for your business, and how to get started in real estate with no money and ba...
16m Dec 25, 2023
16m
1010: Investing in Rental Properties the Right Way - Episode 1010
In the landscape of higher mortgage rates, limited housing supply, and intense competition, finding a good rental property can feel like a tall order. In fact, some people are choosing to put off their investing goals until things regulate in the market. But waiting to invest in real estate could cost you in the long-term. On today's show, you’re going to learn the right way to buy real estate...
6m Dec 21, 2023
6m
1009: Q&A: How Do I Make Mortgage Payments with My Self-Directed IRA? - Episode 1009
If you have a mortgage on a rental property that's owned by your self-directed IRA, how does the mortgage need to be paid? On today's show, we're going to answer this question — and more! This Q&A episode of Investing in Real Estate features three listener questions on self-directed IRA payments, how to choose a landlord friendly state to buy investment properties, and what investors should co...
18m Dec 18, 2023
18m
1008: The Pros and Cons of Using Real Estate in Your Retirement Plan - Episode 1008
Alternative strategies for retirement are growing in popularity, and for good reason. More and more Americans are realizing that the traditional way to save for retirement is outdated, broken, and ineffective. Buying real estate investments is a great way to exponentially grow your wealth and save for retirement. To help you determine if buying rental properties in a retirement account is righ...
7m Dec 14, 2023
7m
1007: Q&A: Can I Take a Loan from My Self-Directed IRA? - Episode 1007
Smart investors know that utilizing a self-directed IRA is an incredible way to build wealth and maximize your retirement. But is there a way to take a loan from your self-directed IRA in order to take advantage of further tax benefits? That's the first question I'm answering on today's show! This Q&A edition of Investing in Real Estate features three of your questions on self-directed IRA rul...
14m Dec 11, 2023
14m
1006: The Secret to Securing Your Wealth - Interview with Kevin DeMeritt - Episode 1006
The best way to secure your assets in this inflationary period is to buy hard assets inside of a self-directed retirement account. On this episode of Investing in Real Estate, I'm sitting down with Kevin DeMerritt to discuss wealth preservation and retirement planning. Kevin DeMeritt is the founder of Lear Capital. In this interview, he's sharing the ins and outs of the self-directed IRA. You'...
25m Dec 07, 2023
25m
1005: Q&A: - Should I Buy or Rent a Home? - Episode 1005
My general advice is to rent the home you live in. But what about using the equity in your primary residence to buy rental properties? Today we're going to walk through the pros and cons of owning your home. On this episode of Investing in Real Estate, I'm answering three listener questions about owning vs. renting, using business credit, and how to best utilize your savings when investing in ...
15m Dec 04, 2023
15m
1004: A Real Estate Boom Is About to Hit 2024 - Episode 1004
A new Consumer Price Index report was recently released by the Bureau of Labor Statistics. The report shows cooling inflation, and the likely end of future interest rate hikes by the Federal Reserve. On today's show, you're going to hear my take on this CPI report and how it will affect the housing market. We'll also talk about the stock market, jobs, and the broader economy. Click play to lea...
9m Nov 30, 2023
9m
1003: Q&A: Should I Use My Equity to Pay Off My Rental Property? - Episode 1003
Today's first caller has $200k in equity in his primary home. He's thinking about leveraging his equity in order to pay off a rental property. Is that a good idea? That's the first question I'm answering on today's show! This Q&A episode of Investing in Real Estate features three great listener questions on using equity to pay off debt, what to consider before you sell a rental property, and c...
12m Nov 27, 2023
12m
1002: The Affordable Housing Crisis Just Got Worse - Episode 1002
The US has been facing an affordable housing crisis for years now. Especially since the Great Recession, the number of homes available has been exceptionally low. And in recent years, the pandemic, rising interest rates, and high rates of inflation have only worsened the matter. Estimates vary on exactly how much housing is needed—but the numbers are certainly in the millions. There are a few ...
5m Nov 23, 2023
5m
1001: Q&A: What Is the Path to My First Rental Property? - Episode 1001
Today's first caller has started making great returns by investing in real estate notes and he's paying down his student loan debt. What should he do in order to reach his ultimate goal of investing in real estate? That's the first question I'm answering on today's show! This Q&A episode features three of your great questions on planning for financial freedom, accessing the equity of a rental ...
19m Nov 20, 2023
19m
1000: 5 Bad Money Habits That Are Keeping You Poor - Episode 1000
We all know how much the economy has changed over the past few decades, particularly the past few years. Traditional investing advice and a straightforward retirement plan may have worked for baby boomers, but the game has changed. Yet financial advisors, big banks, and other entities keep spouting the same financial advice that no longer works in today’s landscape. Following outdated advice wi...
7m Nov 16, 2023
7m
999: Q&A: Should I Invest in Single-Family Homes or a Multifamily Unit? - Episode 999
Today's first caller has a good chunk of money to invest. Should he continue investing in his established rental market or buy a multifamily property in NYC? That's the first question I'm answering on today's show! This episode features three of your real estate investing questions on single-family vs multifamily, getting started with bad credit, and moving money from a 401k to self-directed I...
11m Nov 13, 2023
11m
998: A Beginner's Guide to Financial Education - Episode 998
Building your financial education is a necessity for reaching any type of financial goal. Whether you’re trying to pay off credit card debt, select a banking product, or invest in real estate, it’s important to build a solid foundation of knowledge that will allow you to make smart decisions and ultimately reach your goals. But if you don’t feel like you have a very strong hold on your financi...
8m Nov 09, 2023
8m
997: Q&A: Should I Pay Off Debt or Invest in Real Estate? - Episode 997
If you've got a decent chunk of change, should you apply it toward high-interest credit card debt? Or is it better to use that money to start investing? That's the first question I'm answering on today's Q&A episode! On this episode of Investing in Real Estate, I'm answering three of your questions on paying off debt, borrowing against paid-off rentals, and how to handle high property taxes on...
11m Nov 08, 2023
11m
996: The Biggest Retirement Mistakes Costing You Money - Episode 996
Data shows that nearly half of workers over the age of 50 are afraid of outliving their savings accounts at retirement. Fear around retirement is common, but it’s not something you have to live with if you plan accordingly. On today's show, we're going to dive into the biggest retirement mistakes that are costing you money and contributing to fear and stress around retirement. You're going to ...
8m Nov 02, 2023
8m
995: Q&A: How Can I Buy My First Rental Property? - Episode 995
Today's first caller has a decent chunk of home equity available and a decent credit score. He's interested in buying his first rental property close to home. What's my advice for this scenario? On this Q&A edition of Investing in Real Estate, I'm taking three of your questions on buying rental properties in your own backyard, finding lenders for new construction investments, and calculating R...
14m Oct 30, 2023
14m
994: How to Choose a Real Estate Market to Buy Rental Properties - Episode 994
What makes a solid rental market? This is one of the most important pieces you need to have in place before you invest in real estate. There are a lot of criteria that can go into choosing a city to invest in. On today's show, I’m going to share ten major factors to consider when you’re looking at a rental market, the biggest mistakes I see investors make when choosing a place to invest, and m...
11m Oct 26, 2023
11m
993: Q&A: Can I Own Rental Real Estate Inside a Self-Directed 401k? - Episode 993
Can you own rental real estate inside a retirement account like a self-directed 401k? On this episode of Investing in Real Estate, I'm answering this question—and more! Today's Q&A episode features three of your great questions on buying real estate inside a self-directed 401k, how to determine how much money you need to buy real estate investments, and how to decide between using cash or leve...
9m Oct 23, 2023
9m
992: 7 Rules of Using a Self-Directed IRA - Episode 992
When I first heard about investing with a self-directed IRA, I had a lot of questions. The self-directed IRA is rarely talked about and has a lot of rules. This can be intimidating for new investors, but if you're the kind of person who takes initiative and wants to be empowered in your wealth building, this investing vehicle is a powerful way to build wealth. On this episode of Investing in R...
7m Oct 19, 2023
7m
991: Q&A: How Can You Use Multiple Contracts on One Property? - Episode 991
Is it possible to use multiple rental contracts in a single-family home? What are some factors to consider before you convert a home into a multifamily residence? That's the first question I'm answering on today's show! On this episode of Investing in Real Estate, I'm taking three of your great questions on using multiple contracts, how to buy real estate in the US as an international investor...
15m Oct 16, 2023
15m