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Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want the edge. Stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams. We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know in 2016, so you can stay ahead of the curve and make fully informed real estate decisions. Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on The Real Estate News For Investors Show!
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Now displaying: July, 2016
Jul 29, 2016

Downsizing is becoming a new trend as people choose to live in "tiny homes" that are efficient in every sense of the word. But are these pint-sized homes legal?

You may have heard about the tiny home craze. These are homes that are typically less than 500 square feet. They have all the features of a larger home, just packed into a smaller space.

But as this tiny home trend catches on, many are finding it tough to find a place to put them. According to "Investing Moguls", many cities have building codes that require a minimum square footage for single-family homes and require that homes are connected to utilities.

Tiny homes may not need to be connected to utilities. Many operate "off the grid" with solar power, rainwater catch systems, and composting toilets.

Investing Moguls reports that some state and local governments are baffled as to whether to classify tiny homes as RVs, mobile homes or backyard cottages. It also reports that residents and officials in many of those communities worry that tiny homes will drive down property values.

So the rules and regulations are fluctuating wildly right now. But it appears to be a trend that is not going away, and with the debate over affordable housing, there could be more of a shift in this direction.

Click here for the full transcript.

The post #110 – Tiny Homes Becoming a BIG Deal appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 28, 2016

Baby boomers used to buy vacation homes as a second home. Today, they seem more interested in living in that second home as a primary residence for retirement, and enjoying all the amenities as part of their daily lifestyle.

Just recently at Real Wealth Network, we have been looking to invest in these vacation-turned-baby-boomer-retirement havens.

We discovered a few towns that were once exclusively vacation destinations, and got decimated by the housing crisis. Vacation areas always get hit the hardest during a real estate downturn, because traditionally, they are the properties people are forced to sell during a recession.

The opportunity today is that these areas haven't fully recovered yet from the Great Recession. Low home prices combined with high lifestyle is making these areas extremely attractive to retirees. And some retirees will prefer to rent rather than own.

Buy & hold investors can get great tenants - seniors with no young children - and enjoy great cash flow while prices rise to catch up with the rest of the country.

While we normally look for job growth first and foremost when choosing a good real estate market, things are changing a bit. Retirees don't need jobs - so they are choosing where they want to live for different reasons. And those reasons again include being near their children and grandchildren, being near an active community, and preferably one that offers lots of vacation type activities, and of course an affordable lifestyle is especially important when trying to make your retirement dollars last. Low or no state income tax states are a huge bonus, and of course, mild weather as well.

If you'd like a list of hot vacation spots that are becoming #1 retiree destinations, join the network here.

For the full transcript: www.NewsForInvestors.com

The post #109 – Baby Boomers Choosing Affordable Vacation Homes for Retirement appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 26, 2016

Families with several generations living under one roof are becoming more common. And it's not "just" due to the Great Recession.

Trulia posted a blog about multi-generational living in honor of "National Parents Day" on Sunday, July 24th. The real estate website says the latest Census data shows that 4.6% of all U.S. households are multi-generational or "sandwich generation homes". That's a 1% increase from 3.6% just ten years ago, in 2006.

Trulia dug into the data a little bit to see what's up with the increase. The data shows that this kind of living arrangement is historically common among Hispanics and Asians. And, these are the two fastest growing populations in the nation.

Find out how owning and renting out duplexes and 4-plexes can serve this need.

www.NewsForInvestors.com

The post #108 – Multi-Generational Living Offers Real Estate Investors More Opportunity appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 25, 2016

They are being called houses of the future - and by Google's parent Alphabet, a "moon shot" when it comes to the future of cutting edge technology. 3D printing is about to shake up the home construction world...

3D printing technology got its start in the early 80s. Designers used it for 3D modeling and small object creation. Over the last three-and-a-half decades it's come a long way.

Get the full transcript at:
www.NewsForInvestors.com

The post #107 – 3D Printed Homes Change the Real Estate Landscape appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 22, 2016

PRNewswire announced this week that personal finance website GOBankingRates.com, has released data that compares monthly rents to monthly mortgage payments across the U.S. The information was gathered in an effort to help Americans better understand if renting or owning a home is the better, more affordable option.

According to the press release, it's cheaper to own a home than it is to rent one in 42 states. Even as home prices increase nationwide, it turns out that renting is more affordable in only 8 states and the District of Columbia.

The study compared median rent prices for single-family homes against the median list price of homes in each state. GOBankingRates assumed a 20 percent down payment for the median list price and applied a 30-year fixed-rate loan term. It also included the cost of property taxes and insurance.

Top 10 Places Where Owning Is Cheaper Than Renting*

New York: $1,635
Massachusetts: $559
Illinois: $522
New Jersey: $472
Pennsylvania: $461
Florida: $398
Maine: $396
Ohio: $375
Alaska: $334
Rhode Island: $334
*Prices illustrate the monthly amount saved by owning.

States Where Renting Is Cheaper than Owning:*

Hawaii: $515
Montana: $248
Utah: $242
Idaho: $204
District of Columbia: $144
Colorado: $137
Wyoming: $99
Delaware: $75
Oregon: $12
*Prices illustrate the monthly amount saved by renting.

At Real Wealth Network, we have over 24,000 members. Since we are based in the San Francisco Bay Area with offices in Silicon Valley and Los Angeles, most of these members are from California. This question as to whether or not people should own or rent comes up all the time, as we do live in the most expensive part of the country.

The only reason to buy your primary in San Francisco now is if you plan to raise a family and be in the home for decades - and if you can afford the payment easily.

For more information on how to cash in on your high priced property and put your equity to work, join the network.

For the full transcript: www.NewsForInvestors.com

The post #106 – To Rent or to Own? More People Choosing Investment Property Over Primary Residence appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 22, 2016

The Department of Housing and Development has announced plans to sell more of it’s pool of non-performing loans to non-profits and local governments, instead of private equity firms.

Why? Because HUD is responding to criticism that private equity investors who buy these delinquent loans from the FHA are not doing enough to prevent foreclosures.

HUD hopes that non-profits and local governments will buy up to 10% of future NPLs that are put up for sale. That's about triple the number they are buying now.

HUD is also issuing new restrictions on loan modifications. The new rules make "principal forgiveness" a first option, before other methods are considered for modifying a loan.

HUD is also requiring "payment shock" protection by limiting any interest rate increases to no more than one percent per year after a five-year fixed-rate period.

And if a home is foreclosed, loan buyers are prohibited from abandoning the property. That will help prevent neighborhood blight.

While the Urban Institute appears to support many of the new HUD rules, it disagrees with critics opposed to private investor participation. Instead, it says the situation calls for a balancing act because private investors have the capital needed for such a large-scale effort.

Many individual investors would love to buy these non-performing notes at such a steep discount, but they can't. Typically, you have to buy bulk packages- which only larger equity funds could afford to do. Individuals could then buy one-off notes from these larger equity funds - but not necessarily at a discount. In fact, some of these notes have been offered with hardly a discount at all to the individual investor. Please note: that is NOT a deal.

The FHA is expected to begin selling NPLs under the new rules, this fall.

There are a lot of bootcamps and gurus who teach note investing. It’s important to understand that NPLs are not the easiest investment and are certainly not passive.

If you would like a referral to a great team who can teach you the ins and outs of NPL's, join the network. We'd be happy to introduce you to the right people.

For the full transcript: www.NewsForInvestors.com

The post #105 – More Non-Performing Loans (NPL’s) Going to Non-Profits appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 20, 2016

Realtor.com says that size really does matter these days - specifically, the size of your deck. (Sorry, couldn’t resist…)

Realtor.com reports that the size of decks and patios are growing as people gravitate toward an indoor/outdoor design concept. They say the new outdoor open space corresponds to a trend for interiors that are less formal with fewer walls and also more open space.

The developer's director of sales Scott Morris told Realtor.com, "If you don't add that outdoor playground, you're just getting it wrong."

The Pennsylvania-based luxury homebuilder Toll Brothers told Realtor.com that it just began offering options for luxury decks and patios in all 19 states where they build. That includes Colorado, Washington and Minnesota. The company had been previously offering those options in about half those areas.

But these over-the-top fancy decks are not cheap. And when it comes to adding value to your home, they don't seem to appreciate. In fact, you'll probably lose money.

For the full transcript: www.NewsForInvestors.com

The post #104 – Does the Size of Your Deck Really Matter? appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 18, 2016

Seeing people walk around while staring at their smart phones is nothing new. But thanks to the latest craze in the high tech world, Pokemon Go, these technically entranced people may find themselves walking right into your yard!

Whether you've acquainted yourselves with it or not, this game has skyrocketed into popularity. And some people are saying it can even help you sell real estate!

How? When the game was first released, some residents complained that strangers were showing up at their homes, and even coming into their backyards. Somehow Pokemon was hiding in their home, unbeknownst to them, and it drew crowds.

While this could be quite an unwelcome visit, what if you were trying to sell your home? Real estate agents have since taken note and are trying to bring Pokemon to their listings.

So who’s obsessed with this game and why might it be something real estate "professionals" are interested in?

If you haven't already, you might want to download the app to see what everyone is talking about - and to find out why you have strangers in your yard.

For the full transcript: www.NewsForInvestors.com

The post #103 – Pokémon Go Sell Some Real Estate appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 14, 2016

Top financial regulators say that time is running out and that Congress needs to act now, to further stabilize the housing finance system. Is that true, or have they done enough already - or perhaps too much?

Financial regulators issued many new lending and housing laws after the the housing market collapsed in 2008.

Has it helped eliminate fraud and prevent another mortgage meltdown? Probably.

And one thing we know it has definitely done is eliminate smaller banks.

The new regulations were meant to harness Wall Street banks, but understanding the complexity of rules and compliance became too expensive for small banks. Unfortunately, it’s the small banks who were more careful in their lending practices in the 2000’s, and now they’re being punished this decade, and worse - swallowed up by the big banks who caused the problems in the first place.

Bank regulations didn’t start with Dodd-Frank. Between 1997 and 2008, banking regulations had already increased by 18 percent. Those new rules certainly didn’t help to prevent reckless lending by the banks that are too big to fail.

But now top U.S. financial regulators say we need to push ahead with more housing finance reform. Members of the Financial Stability Oversight Council said in their 2016 annual report that, "housing finance legislation is needed to create a more sustainable system."

What do people in the business think of this?

For the full transcript: www.NewsForInvestors.com

The post #102 – More Dodd-Frank Housing Reform On the Way? Yikes appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 13, 2016

As home prices rise, typically a large number of homeowners opt to sell, either to cash in on their equity or to move to a different home. But that's not happening today.

According to Zillow's chief economist Svenja Gudell, homeowners are not selling to upsize or downsize as often as they would have historically because there's not enough inventory to trade into. She says that home prices have risen so much that homeowners can't afford to upgrade in the neighborhood where they are living and there's not much available on the entry-level. So instead, homewoners are staying put.

What does this mean for you, as a real estate investor? Very good things!

Learn more at www.NewsForInvestors.com

The post #101 – Rising Builder Costs Helps Increase the Value of Your Property appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 12, 2016

Strong demand for housing continues to drive home prices and rents up…but wage increases aren't keeping pace. This dynamic is creating a larger and larger pool of prospective renters that the market hasn't seen in a long time.

According to Harvard's Joint Center for Housing Studies, we should expect to see strong rental demand for years to come. That’s, of course, welcome news for real estate investors like us!

Get the full transcript at:
www.NewsForInvestors.com

The post #100 – Rental Pool Rising, Along with Rents – According to Harvard Study appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 12, 2016

It’s hard to believe there are people out there who can look you in the eye and tell a bold face lie - just to get your money or something else they want. But it’s not that uncommon, actually.

According to Harvard psychologist, Dr. Martha Stout, roughly 1 in 25 Americans are sociopaths - and many seem to flock to real estate, where they can find easy prey.

Get the full story at www.NewsForInvestors.com

The post #099 – Avoid Scams, Detect Fraud and Recognize Sociopaths appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 8, 2016

If you were looking to buy property or refinance a property this week, you’re timing couldn’t be better!

Even though London is an ocean away, here in the U.S. we’re feeling the after-shock of the UK’s decision to “brexit” - or exit the European Union.

As a result, mortgage rates hit all time lows again this week, which naturally fueled strong demand for mortgages. Applications for mortgages surged 14% this week from the previous week, according to the Mortgage Bankers Association (MBA). Applications for mortgages are now 66% higher than one year ago.

If you can’t qualify for a loan today, don’t give up. If you have bad credit, you can hire a credit repair company. If you have high debt, start paying it down as banks look at debt to income ratios. Talk to a lender now to find out what you need to do to get qualified. You might be surprised that you can!

And if that doesn’t work, well...maybe you could talk to a Chinese lender.

Reportedly, some Chinese university students have been able to get loans with a different kind of collateral than real estate. They are using nude pictures as IOUs on some online lending platforms.This method wouldn’t work here in the U.S. Students here send naked photos for free.

For the full transcript: www.NewsForInvestors.com

The post #098 – Mortgage Rates DROP to New Lows, plus…How to Qualify with Naked Pics appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 7, 2016

The number of million dollar homes has nearly doubled since 2012, but this time it doesn’t seem to be fueled by foreign buyers.

Million dollar homes used to be a rarity, but its become the norm in certain U.S. markets. According to data from Trulia, the share of million dollar homes in the U.S. has nearly doubled, from 1.6% to 3%.

No surprise, San Francisco had the largest increase in the share of million dollar homes in the country - to 57.4% this year, up from 19.6% of homes in 2012 - just 4 years ago!

Should we be concerned?

Get the full transcript at www.NewsForInvestors.com

The post #097 – Number of Million Dollar Homes Doubles! (What Housing Bubble???) appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 6, 2016

It has been 240 years since the Declaration of Independence asserted America’s sovereignty on July 4th of 1776. Did you know that both John Adams and Thomas Jefferson passed away exactly 50 years later, on July 4 of 1826?

I won't be covering a news story today, but instead, I'll share some good ole American history, plus a little history on U.S. real estate - and why property ownership is in our BLOOD.

www.NewsForInvestors.com

The post #096 – The History (and POWER) of Property Ownership – In Celebration Of Independence Day appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

Jul 2, 2016

The city of Cleveland has been getting lots of press lately. The Cavalier's recent upset over the Warriors, leading to their first NBA win in over 50 years certainly garnered headline news. Over a million people celebrated downtown for the good part of a week!

And now, in less than three weeks, Cleveland will be entertaining the world again with the Republican National Convention, where over 50,000 Trump supporters are expected to gather.

What does all of this have to do with real estate?

Everything.

Find out more at: www.NewsForInvestors.com

The post #095 – Lebron James, the Republican National Convention, and Trump Can Make You Rich! appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.

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