Adiel Gorel: Updates. Covid-19. Strategies. Financing. Interest Rates. The Economy.
Raleigh-Durham: New homes in the Research Triangle. Jan Wynns
Oklahoma City: New homes. Great Areas & Cash Flow. Low taxes. Joe Pryor
Orlando & Tampa. Growth corridors in Central Florida. Space Coast. Jean Gillen
EXPERT: 1031 Tax Deferred Exchange and Reverse Exchange. Weiming Peng
Atlanta: New homes in Atlanta Metro. Tyra Connor
Jacksonville: New homes in Jacksonville & Ocala. Brian Scrone
Baton Rouge: New homes, High Rents, Growth. Michelle Ruston
EXPERT: Insurance as 1st line of defense for the RE investor. Joyce Feldman
EXPERT: Tax updates and optimizations for investors. Joshua Cooper, CPA
Adiel Gorel: Recap of day. Extensive Q&A. Covid-19 . Loans. Inflation
I was interviewed by Joe Fairless on his Podcast “The Best Real Estate Investing Advice Ever”.
You can find my interview on Joe Fairless’ podcast website: https://joefairless.com/best-ever-show-2/
My interview can be found under: JF2152 or via a search on my name.
The interview title is:
Joe was a great interviewer, and I enjoyed our talk. I didn’t only discuss the best markets. I talked about the awesome power of the FIXED 30-year financing we get only in the U.S. (it doesn’t exist in other countries, to the best of my knowledge).
Getting a mortgage with a fixed rate means inflation becomes your best friend, as it constantly erodes the real value of your monthly payment, as well as your loan balance. You usually don’t have to wait for 30 years. About half way through the loan term, the balance of the loan usually looks like a joke, and so does the monthly payment. I go into more detail about this important (and overlooked) point in articles I had written, in my books, and in my television show, the PBS Special “Remote Control Retirement Riches”. I’d be happy to send you the articles, as well as a link to the PBS show. Just email us at email@example.com.
I talk about the future financial transformation that buying new single family homes as rentals in the right markets. You buy in a good area. Local brokers help you and local property managers handle the home for you.
Over the past 35+ years, thousands of investors have bought over 10,000 rental homes in the best markets in the country. We have people from across the ocean investing as well. Clearly, the idea is that local managers do the heavy lifting for you. Now you can be as busy as you probably are, and still build a future-changing portfolio.
We started with me as a busy Silicon Valley engineer. I needed managers to handle the properties for me. Now they help you as well.
Joe asked me towards the end about losing money. I forgot to tell the story of how I “lost” money by simply having to learn the “art of doing nothing”. It took a few recessions for me to finally learn that when a recession is in progress, the best action for the owner of a rental home to do is “nothing” (the hardest thing for us to do , or “not do”).
Until I learned how to do nothing, I got rid of homes during recessions, and while that was not a direct loss, it prevented me from benefiting from those homes in the future, to the tune of a lot of money.
I enjoyed the interview very much, and I hope you find it useful. I hope it can change your future.
Adiel Gorel: Updates. Covid-19. Strategies. Financing. The Economy.
Tonya Debnam: Raleigh-Durham: New homes in the Research Triangle. Tonya Debnam
Joe Pryor: Oklahoma City: New homes. Great Areas & Cash Flow. Low taxes.
Jean Gillen: Orlando & Tampa. Growth corridors in Central Florida. Space Coast.
(EXPERT) Mary Joe Lafaye: Create reserves during Covid-19 w Reverse Mortgages.
Tyra Connor: Atlanta: New homes in Atlanta Metro
Brian Scrone: Jacksonville: New homes in Jacksonville & Ocala
Michelle Ruston: Baton Rouge: New homes, High Rents, Growth. Michelle Ruston
(EXPERT) Joe Merante : Make sure your credit does not suffer due to Covid-19
(EXPERT) Brett Lytle, Esq. : Asset Protection, entities. Covid-19 Risk avoidance.
Adiel Gorel: Recap of day. Extensive Q&A. Covid-19 Loans. Inflation.
For more information or to register go to https://icgre.com/events/icg-real-estate-1-day-online-live-expo-saturday-may-16-2020
Our ICG 1-Day REAL ESTATE Expo took place on Saturday, March 9th. It was a huge success; thank you to everyone who joined us. Throughout the day, we had 750+ attendees, with over 550 people in the main room at the same time. Great energy! Some of the attendees were KQED donors, who purchased the Remote Control Retirement Riches with Adiel Gorel Master Package. The donors received two tickets as part of their donation to KQED. It was an honor to have KQED members at the event, and what a thrill to explore our tried and true method with so many new folks. There was a good mix of investors: brand new investors, very experienced investors, and everything in between.
The questions from the audience at the ICG Real Estate 1-Day Expo were excellent and I enjoyed answering all of them. I had the main market teams present, and some of the property managers within our national infrastructure there as well. Scott Webster from All Western Mortgage described regular FNMA (Fannie Mae) 30-year fixed-rate loans (some at just under 5%, which, for investors, is a low rate). He also described loans available to people who can’t get the FNMA loans, by virtue of owning more than the FNMA limit. He also outlined loans available to foreign investors. The attendees enjoyed the three expert guest speakers: CPA Joshua Cooper talked about the Opportunity Zone and other tax issues. Joyce Feldman talked about using insurance as the first and probably most important line of defense, and Lucian Ioja talked about optimizing real estate investing in the larger context of financial planning.
Many new investors joined our QUICK LIST, to whom we send property sheets when we get them from the various markets. Those who joined the list will also receive event invitations and updates, throughout the year. (You can also join us, by texting QUICKLIST to 57838, or by emailing firstname.lastname@example.org and request to be added.)
I also introduced the NEW Members Area on our website. The Members Area will be an exciting treasure trove of information, offered in two tiers. It will be fully populated with podcasts, FAQ’s, and other useful information. It is a work in progress right now that we are truly excited about. There will also be webinars on specific subjects offered, as well as special one-on-one “Connect for Success” meetings with Adiel Gorel. We enabled people to join the membership area at a special discounted rate, as an “early member” which is good until April 10th only.
If you were not able to attend the ICG Real Estate 1-Day Expo you can still take advantage of our early member discount. Just use the code MARCHEXPO at checkout to receive 20% off, only available until April 10th. Also, for our early members (at either level), you will be able to attend two LIVE webinars that I will be recording before the “official” May 1st launch.
Everyone’s “membership clock” will only begin to tick on May 1st. Thus, by taking advantage of this discount you are getting a “backstage pass” as we get all our content loaded, and your payment will cover the time starting May 1, 2019. We are excited to have you join us, and will be working diligently to provide useful content to help you secure a strong financial future.
Many of the attendees from the March 9th Expo registered for the next 1-Day Expo, on Saturday, May 18th. We will have a new market available, three expert guest speakers, and of course loads of Q & A. You can register now for the May Expo here.