Passive Income for Wealth Creation with Lior Gantz - CREPN #223
Commercial Real Estate Pro Network
Release Date: 11/21/2019
Multifamily Investing Pivots for 2025 with Vince Gethings - CRE PN #510
Commercial Real Estate Pro Network
Today, my guest is Vince Gethings. Vince is the co founder of and the owner of Wheelbarrow Profits Academy.
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BIGGEST RISK with Vince Gethings
Commercial Real Estate Pro Network
J Darrin Gross If you're willing, I'd like to ask you, Vince Gethings, what is the BIGGEST RISK? Vince Gethings What I've seen, it'd probably be over leverage. I know it's kind of the easy answer, but a lot of the issues that I've seen of people being forced their hand is forced to take action is because they're an over leveraged position and they don't have they don't have the working capital. They don't have the liquidity to kind of weather the storm. So they're being forced to take action where a lot of kind of more seasoned investors are sitting on their hands right now, and they...
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Delinquent Tax Investing with Brian Seidensticker - CRE PN #509
Commercial Real Estate Pro Network
Today, my guest is Brian Seidensticker. Brian Seidensticker, he founded , TSR in 2010 and in 2017 Brian partnered with software developer SDA solutions, a comprehensive workflow management system. And in 2020 Brian launched mount North Capital, a 506 C fund, providing capital to tax deed investors. And in just a minute, we're going to speak with Brian Seidensticker about Delinquent Tax Investing.
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BIGGEST RISK with Brian Seidensticker
Commercial Real Estate Pro Network
J Darrin Gross If you're willing, I'd like to ask you, Brian Seidensticker, what is the BIGGEST RISK? Brian Seidensticker I guess, you know, as far as buying tax deeds or the fund itself, it's for you to to, for me to interpret. Well, I think it's, it's from a tax, just tax sale properties, taxes and taxes in general, the biggest risk is the underlying property value, right? That That alone addresses the you know, is this, is this lien going to am I going to be able to make a return on this lien or this deed at the end of the day, or not? And that that is your number one risk?...
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Self-Directed IRA Note Investing with Eddie Speed - CRE PN #508
Commercial Real Estate Pro Network
Today, my guest is Eddie speed. Eddie speed is the founder of Note School, and in just a minute, we're going to speak with Eddie speed about opportunities in private, note investing.
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BIGGEST RISK with Eddie Speed
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you. Eddie Speed, what is the BIGGEST RISK? Eddie Speed Losing my money and losing my money means that I bought a note and I don't get enough recovery to go pay off my investment and still make a yield. So that could be that that could relate to non performing notes. Performing notes, it does everything down the line. It's like at the end of the day. That is why I like buying first mortgages with a cushion between what the collateral is worth and what I invested in the note. And that's the simplest form to say at the end of the day. That's my safety net,...
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Return to Office Trends on Hospitality with Sundip Patel - CRE PN #507
Commercial Real Estate Pro Network
Today, my guest is Sandeep. Patel Sundeep is the CEO and co founder of companies, an asset management and fintech firm that specializes in commercial real estate, private credit, lending and investing. And in just a minute, we're going to speak with Sundip about the impact of return to Office trends on the hospitality industry.
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BIGGEST RISK with Sundip Patel
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you Sundip Patel, what is the BIGGEST RISK? Sundip Patel That's a great question. Darrin, by the way, so the biggest risk that I foresee, and in our business, is the underestimating of the impact of AI and to our business and everything we do, from assessing risk, evaluating risk, to, you know, funding that risk, the entire process. So we as a company have taken some bold steps to get ahead, to understand how we can apply AI and what it will mean. As as you remember when we started the conversation, my mission was to create jobs and maintain jobs. I live...
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AI in Real Estate with David Blumenfeld - CRE PN #506
Commercial Real Estate Pro Network
Today, my guest is David Blumenfeld. David is the co founder of , a Silicon Valley based consultancy dedicated to assisting traditional physical businesses and leveraging digital technologies. And in just a minute, we're going to speak with David Blumenfeld about how AI is transforming real estate.
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BIGGEST RISK with David Blumenfeld
Commercial Real Estate Pro Network
J Darrin Gross I'd like to ask you. David Blumenfeld, what is the BIGGEST RISK? David Blumenfeld We're going to answer it a couple different ways, if that's okay. So I think I mean, and this, this first one might, might seem like a self serving answer, but I think the risk for real estate companies in general for not looking at technology. And again, it doesn't have to be the biggest, you know, the biggest, the newest, the the flashiest, but if you're not incorporating technology into your your your day to day operations, whether it be from a marketing perspective, a company, a...
info_outlinePassive Income is the goal of all investors seeking wealth creation.
Lior Gantz is the founder and editor of the number one rated financial newsletter, Wealth Research Group.
At 12 years of age, Lior had to go to work out of necessity. His father’s business was struggling, and there was no money. He hustled, babysitting, teaching basketball, and delivering goods to others. By the age of 16, he had saved $20,000.
His banker suggested he invest his money to earn greater returns. In order to do so, Lior needed his parents to sign a waiver, which they gladly provided. His grandfather gave him two books on investing, and Lior was hooked on passive income.
In 2015 his friends urged Lior to publish his thoughts and ideas, which was the creation of Wealth Research Group. This is where Lior publishes his thoughts and observations for readers who want to learn about wealth creation.
Global Economy
Lior’s father’s business was furniture and upholstery. It’s demise was due to the changing global economy that is full of new, cheaper goods from foreign countries. His failure to adjust forced Lior to learn a new way early in life. The blessing to experience this at an young age helped Lior create an expectation based on global competition rather than tradition ready for disruption.
Peak Open Borders
Western corporations have taken advantage of cheap labor overseas. This cheap labor provided a greater profit spread for investors. The downside is loss of traditional jobs and trade in balance. The ultimate question that needs to be answered: are cheaper goods more valuable than the loss of jobs? While cheap goods are good for consumers, the loss of jobs depletes the consumers needed to consume the cheap goods.
Transition
The price of progress is the pain of change. Consumers like cheap goods. Within an economic system, wages only go up. So, how does a system convert from a traditional economy to a nimble world economy?
There are 48 countries that produce for less than China. You cannot regress to compete against cheap labor. Change requires skills. Workers need to be trained for the jobs in the new economy so that they can contribute to the new economy.
Competing in a Global Economy
Governments have a few tools available to change the course of the economy; lower interest rates or impose tariffs on foreign imports. Historically, the US has preferred low cost foreign goods and chosen to lower interest rates rather than impose tariffs.
The challenge with any governmental use of its tools, is whether or not the desired results will happen. When the US lowers interest rates to make borrowing money less expensive, the hope is to make low cost capital available for companies to borrow. This allows them to make additional purchases.
Millennial Outlook
Millennials are gainfully employed and paying down their student debt. As they progress professionally, they are inheriting higher paying positions vacated by retiring baby boomers. Millennials income is projected to peak in 2030. At the same time, they are coupling up and looking for suburban housing to raise a family.
This momentum will continue and will shift the demand for housing from the multifamily to the single family. This will be the new wave of housing demand.
Private Equity Funds
Private Equity is flexible. Where they see opportunity with a positive return, they go. It is projected that these funds that acquired huge real estate portfolios in the crash will look to sell these as the millennials become buyers.
If the cost to acquire a home is beyond the cost to rent, millennials may continue to rent.
Neighborhoods access to good schools, safe neighborhoods will continue to attract parents of small children. But, home ownership is no longer sacred.
BIGGEST RISK
Each week I ask my guest, “What is the Biggest Risk Real Estate Investors face?”
BIGGEST RISK: You have to know what you are investing in and who you are investing with. If you invest in large proven companies, you are investing in the culture more than the people. You can trust that the culture will continue to drive profits. However, when you invest in small companies, this is speculative, because it is not proven. In this case, it is important to know the who.
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