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 firstname.lastname@example.org.
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