Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesa

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 on today's episode. You'll also find more information on how to do a 1031 exchange here (link). https://www.realwealthnetwork.com/learn/how-to-do-a-1031-exchange-rules-definitions/ www.RealWealthShow.com  

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 landlord, but there are things you must not do if you don't want to put your entire IRA at risk. We'll be discussing these and more on today's show. Eric Nixdorf is one of the few real estate attorneys in the country who specializes in tax law, bankruptcy, and real estate. He's also a real estate broker and an investor himself.  It's been a long time since we spoke, and since I love getting free legal advice, I thought I'd invite him back as a guest. Short-term rentals Long-Term rentals Landlord liabilities Airbnb liabilities How to rent your home Airbnb tips for hosts How to Airbnb your home Airbnb safety for landlord

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 selection. With five decades of experience, he's gained deep knowledge of markets across the nation. He's a popular speaker on topics pertaining to business relocation, the economy, and the direction of new corporate development and jobs. And, he's here with us on the Real Wealth Show! Click here to learn about the best places to buy rental property in 2019 www.RealWealthShow.com  

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 properties. He was building a full U.S. real estate portfolio.   Several years later I saw him at another Real Wealth event and wanted to see how he was doing. He told me he'd learned a lot on his journey -- like the importance of not buying in flood zones, how to do a smooth 1031 exchange and why it's so important to screen tenants carefully.  He's planning on joining us at our next event in Cleveland on August 10th, when all 15 property providers from around the country will be joining us. You can get the details here. www.RealWealthShow.com  

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 program that explores convergent, rapidly developing technologies and their potential in biomedicine and healthcare. What does this have to do with real estate investing? Well, as we learn more about how artificial intelligence is being used for healthcare and other technological advancements, there most certainly will be an affect on real estate. If people are living longer, they won't be moving out of their houses as quickly. There may not be as much need for hospitals or assisted living facilities. People also would likely outlive their money. Daniel Kraft has multiple medical device, immunology and stem cell related

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 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 t

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 d

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

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 ass

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 adjusted for prior-year passive losses New safe-harbor rule for qualifying rentals as a trade or business (and why it may be a business even if the taxpayer does not meet the safe harbor) Clarification on 1099 filing requirements for landlords What to do if a K-1 received includes some income that is from a specified service business and some that is not (and what info is required to be on the K-1) Clarification of what a "specified service business" that is ineligible for the 20% deduction (there are many fewer than you thought!) How income from the sale of business property affects the 20% deduction How businesses

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 the desire of wealthy families and business owners for centuries. Battles over land have existed for as long as we’ve had the ability to record events.    Thanks to U.S. law, we don’t have to fight for property anymore. We just have to know how to buy it right, leverage it and earn cash flow from it.   www.RealWealthShow.com

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 desire of wealthy families and business owners for centuries. Battles over land have existed for as long as we’ve had the ability to record events.    Thanks to U.S. law, we don’t have to fight for property anymore. We just have to know how to buy it right, leverage it and earn cash flow from it.   www.RealWealthShow.com