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In a previous show, David interviewed Chris Ridge, an investor trapped in a portfolio he didn’t want. During the show Chris asked about buying a new construction home, but the deal looked too good to be true. After a week of research, this show was born. David breaks down common tricks home builders use to scam money from the buyers, affiliated business arrangements they use to skirt consumer protection laws, and what your agent ISN’T telling you about new home construction. This episode is pretty thick with information, so you may want to listen twice. The bugs all scattered when the rock of new home construction was overturned! Share this with someone you love today!
In a big shock to the US economy, Treasury Scott Bennet announced the US will be doubling purchases of its own stock in an effort to keep rates from climbing too high. David and Christian cover the dynamics of this, the 40 trillion in US debt, and two loans The One Brokerage did for clients that made them money they otherwise wouldn’t have been able to. Download today!
On today’s show David interviews Chris Ridge, a RE investor who’s followed him for years and finds himself stuck with RE he doesn’t want anymore. Chris shares the details of the story he’s stuck in, what his portfolio looks like, and his difficulties qualifying for a loan as a single family earner. If you’ve ever felt like RE wasn’t working out the way you expected but don’t want to give up, you’ll enjoy hearing David’s advice, encouragement, and strategic recommendations for Chris. If you’re tired of hearing about sunshine and rainbows while being soaking wet in the rain, this show is for you.
Today’s show dives into big news in the mortgage industry as mortgage giant United Wholesale Mortgage is bailed out by Cross Country Mortgage. David and Christian break down how UWM’s attempt to purchase mortgage servicer Two Harbors imploded on them and triggered a stock sell off and some rough financial earnings. The show breaks down how wholesaling lending works and how this will affect the mortgage market. You’ll learn a ton today!
Jack Townsend is an emergency room doctor with several properties who is unsure if he wants to stay in STR management after dealing with unreasonable tenants and crazy discount requests. Today’s show dives deep into what he’s experienced with STR management and a long session where he asks David what to look for in spotting bad guests or problem people. There’s even a hilarious section where Jack shares how a guest karate jobbed his bedframe into toothpicks looking for a discount. You won’t want to miss this one!
Back by popular demand, David and Christian break down a loan estimate in real time. The show covers what to look for, how loan estimates are structured, and what some of the confusing vernacular means. You’ll love the part where we show how shady loan officers hide their fees, purposely misdisclose expenses to make their work look cheaper, and techniques used in the industry to hide your true closing costs until it’s too late to do anything about it. We pull back the curtain here and show you just what nobody else wants you to see. Download today.
On today’s show we interview Brady Humphries, a property manager in Norther Utah/Montana who manages over 450 doors in both traditional and short term asset classes. Brady shares what his company is doing to reduce workload on staff, how he determines which staff members will be in charge of which elements, and how to know if a STR division is a good, or terrible, idea. The show covers what to expect from unhappy tenants, how to communicate with them effectively, and tricks for disarming angry situations. Brady has a big business he built in a short time, and graciously shares a lot of the techniques he used to do just that. The whole interview is hard hitting with no fluff. Download today!
David and Christian of The One Brokerage share three deals they closed for clients that recruited fancy footwork and a deep knowledge of how lenders accept borrowers. They share details you’ve likely never heard of including 401k loans, income from ADU’s, and communicating with CPA’s to get loans approved. The show ends with an honest presentation of how loan officers rip clients off and what to look for in your mortgage officer to make sure you’re dealing with an honest person you can trust. Download today!
Financial Analyst Rob Galtman joins David as they discuss how he started house hacking in Chicago and eventually built a portfolio of cash flowing rentals and STR’s. Rob shares how he analyzes properties, makes direct offers, and decides which he’ll turn into STR’s and which will be small multi unit families. Rob also generously shares how he analyzes deals and how his W2 helps him succeed in the RE investment realm. This episode is great for anyone interested in buying RE that doesn’t have a ton of cash but does have a ton of will. Download today!
David and Christian get deep into what’s going on in the world of RE and how the ideologies of the nation are likely to affect it. The show starts with three incredible examples of deals that were recently closed by other investors and include gold tips regarding sweet spot price points with commercial properties and how to ensure your loan closes fast. They go on to share unfortunate details of how clients are being ripped off in today’s climate, and end with advice regarding NY city’s new RE proposals and how landlords are being unfairly targeted. You’ll get more information than you can handle on this one. Download now!
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