The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

We’re big fans of looking for clues in the news to help us gauge the mood of the market, monitor trends and seek out new opportunities.  But sometimes headlines hide what’s really happening at the street level.  That’s why it’s important to have people in place you can call to get the real scoop.  In this episode, we call on our man in Memphis, Terry Kerr, to help us determine if recent gloomy headlines really reflect the reality of that particular market.  What we discover is that experience, critical mass, local relationships and creativity not only compensate, but can actually help capitalize on the “problems” in any market.  In fact, once again, we find that most problems are really opportunities dressed in work clothes.The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Special guests include bond market expert Steven McDonald and dividend investing guru and author Mark Lichtenfield from The Oxford Club; and David Conover, President of Wealth Management at Everbank.  Yes, bonds. stocks and banking on a real estate show.  But for good reason!  We’ve been talking forever about the connection between the bond market and the mortgage market - and the powerful influence the bond market has on interest rates and overall availability of capital.  And not just for real estate investors, but job creators (it's better when tenants have jobs) and consumers (businesses do better when people buy stuff).  So even though he’s not a real estate guy, we really bonded with Steve (sorry, we couldn't help ourselves). Mark talks about the important of investing for income.  Of course, he means stocks that pay dividends, but we like the idea.  Buy an equity that cash flows.  Great concept!  That way if inflation goes up, so does your asset value, and if not, well then you just cash flow, flow, flow your boat merrily down the stream. What about David?  Well, banks are basically warehouses where real estate investors store their extra dollars, including the float on their cash flow.  And it’s a big concern when the Fed is diluting the value of those dollars, so what’s an investor to do?  After all, you can’t deploy all your cash all the time, or you might wake up one day with a major liquidity problem.  David tells us how you can dump dollars, still be liquid and have FDIC insurance. More, we learn how a banking executive looks at the current market and what he thinks the future holds. So listen in on the conversation as we talk bonds, dividends and wealth management with Steve McDonald and David Conover. The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.comLearn more and subscribe to the free newsletter at www.realestateguysradio.com

Bad news for housing can be great news for investors.  But it means seeing a bigger picture and reading between the lines.  For this episode, we do back to back interviews with two special guests.  First, we visit with Gene Epstein, who is the former chief economist for the New York Stock Exchange and current economics editor for Barron’s magazine.   Next, we chat with Anthony Randazzo who is the director of economic research for Reason Foundation. Anthony specializes in housing finance and macroeconomic policy.  They’re both braniacs, so we ask them for their thoughts on the economy - and at first blush, it looks bad.  But after digging a little deeper, we wrap up pretty excited about the opportunities for real estate investors today.  Take a listen!  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Our special guest is G. Edward Griffin, the author of The Creature from Jekyll Island - a Second Look at the Federal Reserve.  Whatever you think about the motives and contributions of the Fed, there is no denying the profound impact it has on the supply and cost of capital.  2013 Summit at Sea faculty member Peter Schiff says Fed policy, dating back to Alan Greenspan in the 90’s and carried on to the present day by Big Ben Bernanke, is primarily responsible for the mortgage meltdown and resulting foreclosure crisis.  What does it all mean to real estate investors?  That’s what we talk about in this intriguing episode.  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

A bad market can doom a “great deal”.  And a strong market can make a mediocre deal a winner.  While you might be able to fix up a bad property, what can an individual investor do to re-hab a bad market?  Not a lot!  So it’s REALLY important to pick a great market before you start loading up the shopping cart with all those bargain properties.  In this episode of The Real Estate Guys™ radio show Robert, Russ and the Godfather share precious and practical pearls of prescient wisdom to help you peer into the perils of property markets and pick places prone to perform positively. Remember: a rising tide lifts all boats.  So listen and learn how you can analyze real estate markets and find the best one for you. The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com 

The mortgage crisis still isn’t over for millions of property owners.  There are many resulting ramifications, but in this episode we focus specifically on how a property owner can stop, stall, and in some cases actually overturn an improper foreclosure.  Real estate agents and investors can use these techniques to buy more time to negotiate a short sale, and troubled borrowers can find more time (and leverage) to negotiate a loan modification.  Our expert guest reveals how banks have routinely violated the foreclosure laws, and why the government settlement doesn’t protect the banks from civil litigation.  Knowing how to hold the bank’s feet to the fire is the secret to successfully stalling an illegal foreclosure.   Tune in and find out for yourself how to use this powerful tool to make deals that you might otherwise miss.  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.comSaving a Mortgage When Banks Won’t Deal - Leveraging the Law to Stop Foreclosure

Interest in real estate investing is picking up based on the number of questions coming in from our listeners.  Of course, it probably helps that The Real Estate Guys radio show is the most downloaded podcast on iTunes and Apple is one of the most successful companies on earth.  It’s fun to be us. In this episode of Ask The Guys, we field a variety of excellent questions from all over…including Indiana, New York, Alberta (Canada), Washington DC , Montana, Facebook (wherever that is), and more!  Wow.  The Real Estate Guys are a global farce….er, force. We even respond to one listener who didn’t like a political comment made by one of our guests.  Well, it is that season and do you smell that?  Yes, politics is in the air.  And as long as politicians and their policies affect investors and our investing, we’re going to have to talk about what those rascals are doing.  And just like personal investment philosophy, we’re not all going to agree.  Not sure why people get their undies so knotted up when it comes to politics.  After all, that’s just one of many things we can all disagree about.  Some people like to drink light beer.  Can you imagine?  Whatever. Anyway, we had fun doing the show and love getting your questions. So keep ‘em coming!  Meanwhile, tune in and enjoy this exhilarating edition of Ask The Guys! The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com.

Will Smith brought the world the heart-warming story of a down-on-his-luck real life Chris Gardner in The Pursuit of Happyness.  In the film, Smith portrays Gardner, a homeless single father who lands a job as a stockbroker and with true grit and determination becomes a financial success.  Not to be outdone by Wall Street, we found a real estate investing version that will inspire (and challenge) you!  There are lots of lessons, so grab your notepad and listen in to this enriching episode!  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Shadow inventory is a term used to describe gobs of distressed properties, mostly single family residential, that isn't yet on the market.  Statisticians look at top down data like bank reports and public filings.  But what about a street level view?  Atlanta, Georgia has been one of the stat leaders for foreclosures, so we thought it would be interesting to sit down with a guy who spends a lot of his time scouring the Atlanta market looking for distressed houses.  More foreclosures is good for buyers, but if you buy now and then get hit with a new wave of foreclosures, you could see your values take yet another dive.  Of course, if you're comfortably cash flowing you can afford to wait it out. But still, buying something that drops in value can be disconcerting.  It's called "catching a falling knife".  Then again, if you wait for a recovery to prove itself, you may miss out on some great bargains.  So we want to know: is a legion of zombie properties lurking in the dark shadows of the market - or are we on our way to a more stable and long term appreciating market?  Tune in and see what our special guest Ken Corsini says he sees when he ventures into the market looking for bargains.   The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed. Learn more and subscribe to the free newsletter at www.realestateguysradio.com 

Peter Schiff is our guest for this episode. In his 3rd appearance on The Real Estate Guys radio show, Schiff tells us about his latest book, "The Real Crash - America’s Coming Bankruptcy".  Scary title (and you thought the Mayan calendar thing was alarming)!  But remember:  In his 2006 book, "Crash Proof" Peter Schiff was right about the mortgage meltdown. So this time we're all ears. In this interview, Peter reminds us that in his follow up book, "Crash Proof 2.0", he also predicted how the Fed and the government would react to the mortgage meltdown: with massive stimulus (a.k.a. printing currency).  Once again, Peter Schiff was right.  In "The Real Crash - America’s Coming Bankruptcy", Peter Schiff warns that the ultimate crash will be caused by the ultimate bubble: government bonds and the U.S. dollar.  Now he may or may not be right this time, but we're sure you’ll want to hear what he has to say.  The good news is that according to Peter, there are things you can do right now to protect yourself.  Curious?  Then tune in and make some Schiff happen to you! The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.   Learn more and subscribe to the free newsletter at www.realestateguysradio.com

U.S. election year political rhetoric has already hit high gear, but we’re sure the best (worst?) is yet to come.  And you can bet tinkering with the economy is going to be a major part of the conversation - probably more so than any time since 1992 and Bill Clinton’s now famous slogan, “It’s the economy, stupid.”   As real estate investors, we care deeply about things like the supply and cost of capital, job creation and tax rates.  And while we can’t control what happens, we sure want to anticipate it - especially if big changes are being proposed.  End the Fed?  Return to a gold standard?  Raise taxes on capital gains?  Eliminate the mortgage deduction?  Lions, tigers and bears? Oh my!  What’s an investor to do?  Well, start by paying attention to people who are paying attention.  To help you, we traveled to the Las Vegas Money Show to sit down face to face with our good friend, economist and outspoken political opiner, Dr. Mark Skousen.  As the founder of Freedom Fest, Mark Skousen is one of most connected and intellectually honest people we know.  Every time we sit with Mark, we learn and we’re sure you will too.  So tune in and find out what Dr. Skousen sees for the economy and economic policy as the United States  enters one of the more interesting election years in recent history.   The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

At a time when everyone is crying about how Uncle Sam is making it hard to do business, real estate entrepreneurs are getting a break.  Actually, ALL entrepreneurs are getting a break, but since we’re The Real Estate Guys, we’re excited about the real estate angle.  The short of it is that the recently passed JOBS Act will make it easier for new businesses to raise start-up capital through “crowd funding”.  To tell us all about, we welcome back special guest, attorney Mauricio Rauld.  So grab your notepad and listen in to another informative episode of The Real Estate Guys™ radio show!  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Over $1.7 trillion of commercial mortgages are coming due in the short term.  In a normal world, that debt would be refinanced and life goes on.  But today, many of those properties are underwater and there just aren’t as many lenders willing to refinance these loans.  In fact, our guest says that over $1 trillion of those loans will need to be re-negotiated.  Why?  Well, when you owe the bank a $10,000 you have a problem, but when you owe the bank $10 million, the bank has a problem.  And when banks lose a trillion dollars, we all have a problem.  It’s a complex topic with many nuances and lots of lessons.  Our expert guest Phil Jemmet runs a company that specializes in large balance commercial loan workouts.  He gives us a street level perspective and explains the process for getting these big problems down to a manageable size.  Your problems may be smaller (for now), but the principles of dealing with them are very similar.  So listen and learn as Phil Jemmet shares his secrets for reworking loans that are no longer working for you.  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

One of the secrets to making a lot of money is to catch a profitable wave.  Sounds interesting, but what does it mean?  Well, a financial wave happens when a variety of forces converge to move people or their money in a particular direction. That movement can have a substantial impact on any given asset class or geographic region - and the effect can be much more pronounced when the asset class or region is very limited in size.   That's why we've been intrigued over the years by the tiny country of Belize.  In this episode, The Real Estate Guys™ are on location at a beautiful beachfront resort on tropical Ambergris Caye (yes, it’s a rough life on the road as radio talk show hosts).  Here, we meet up with the #1 real estate broker in the country, who’s also the #2 international broker in the world for the #1 real estate brokerage in the world.  Yeah, he’s pretty big.  But he’s humble.  And he says the secret to his huge success is timing and location, location, location.  In other words, he’s riding a wave of surging interest in a particular part of Belize.  Very interesting!  So we turn on the microphones and ask him to tell us all about it.  Next thing we know, all kinds of real estate brilliance is falling out of his mouth!  Now we know why he’s so successful.  So grab your notepad and listen in as we discover how to catch a wave of opportunity and reap tropical profits in paradise!  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed.  Learn more and subscribe to the free newsletter at www.realestateguysradio.com

Consider how much you've learned in just the past 10 years from the books you've read, people you've met and experiences you've had.  Then imagine talking to someone who's been investing since 1957.  Do you think you could learn at least one important thing from that guy?  We think so, which is why we decided to interview our very own Godfather of Real Estate, Bob Helms.  Listen in and follow Bob's transformation from accidental to intentional investor.  He shares the lessons he learned along the way, and what he would do better if he could start all over.  So if you're less than 75 years old, there are probably some valuable lessons for you in this episode.  The Real Estate Guys™ radio show provides real estate investing news, education, training and resources to help real estate investors succeed. Learn more and subscribe to the free newsletter at www.realestateguysradio.com