When the mortgage-backed securities (MBS) market collapsed in 2008, real estate owners – both homeowners and investors (and radio talk show hosts) – got hit hard. Banks failed, loans became scarce, buyers disappeared, and people everywhere (including tenants) lost their jobs. Very ugly. Lesson: pay attention to macro (big picture) economics. So now we do. […]
6/3/12: Schiff Happens – Is The Real Crash Yet To Come? Read More »
What do The Federal Reserve, the IRS, the income tax, Fannie Mae, Freddie Mac, FHA, HUD, the mortgage interest deduction, Section 8, accelerated depreciation, the 1031 tax deferred exchange and our personal “favorite”, inflation, ALL have in common? Each of them are creatures of politicians. Of course, we could add to this list (for days),
Donald Trump Real Estate Advice and Thoughts on the Economy Not only is he the ultimate real estate guy, Donald Trump is a bigger than life icon of business, success and celebrity. And Donald Trump real estate advice is something you don’t want to miss. Never shy to share his thoughts on business, economics or
Nobody’s Fool – A Conversation with Donald Trump Read More »
It’s funny how people will buy a fancy new car or a big new home and invest a bunch of money into a security system. Yet so many real estate investors don’t put any thought or money into creating a security system around the equity and cash flow building up in their investment properties. And
3/4/12: Keeping What You Have – Asset Protection Strategies for Real Estate Investors Read More »
Aughhhh!!!! Some days it just doesn’t pay to get out of bed. We often say that real estate investing has “hair” on it – and no one likes a bad hair day. Wouldn’t it be great to minimize the ugly? You can! Each year, we gather up terrifying tales of trials and tribulations from intrepid
10/30/11: Halloween Horror Stories – Terrifying Tales of Troubles and Lessons Learned Read More »
There’s no doubt that the economic world is very different today than just a few years ago. Many, especially Americans, hope the changes are temporary and things will get to “normal” pretty soon. But what if the changes aren’t temporary? What is we’re living in a new economic reality? And for the younger set, if
10/16/11: Teach Your Children Well – The Rules of Money Have Changed Read More »
Donald Trump’s legendary comeback is one of the great real estate stories in recent history. But how do you relate to anything The Donald goes through? We found a small developer whose David vs Goliath story has less zeros and lots of lessons for small fry like us. In the mobile recording chariot for another
For the ninth straight year, The Real Estate Guys™ and an energized group of committed real estate investors boarded a cruise ship for a week of powerful education, networking and fun. And as is our tradition, while on board we recorded a radio show with a live studio audience. We call this annual event our
4/17/11: Live from our 9th Annual Investor Summit at Sea! Read More »
Since we’re big shot jet-setters, we thought we’d fly our semi-private jet (the one we share with with 135 other Southwest Airlines passengers) over to Phoenix to visit Robert Kiyosaki in his Rich Dad studios. The author of mega-bestseller Rich Dad Poor Dad has a new literary derivative (that’s financial lingo for “book”) called Unfair
3/20/11: Finding Your Unfair Advantage with Robert Kiyosaki Read More »
One of our favorite quotes comes from hockey legend Wayne Gretzky: “A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.” Of course, a statement like that carries even more weight because the person saying it is highly qualified to have an opinion worth
1/16/11: The Age of the Entrepreneur – Creating a Future and Not a Job with Ken McElroy Read More »