The Think Realty Podcast

Real Estate Insurance, with Shawn Woedl

Shawn Woedl, SVP of National Real Estate Insurance Group (NREIG), is on the show to discuss questions you should be asking when you are looking into insurance coverage. If you have been (or could be) impacted by hurricanes or wildfires, we get into property insurance rates. Be sure to check-in with your agent or policy holder to make sure you are updated and you have the correct coverage. Are you branching out with your investments? We are discussing alternative opportunities for investment like Airbnb and cannabis. You read that correctly — cannabis. You want to be careful with liabilities and make sure you are covered. When deciding on what property coverage to purchase, should I buy replacement cost coverage or is actual cash value sufficient? It all depends on the scenario, but Shawn has the inside scoop for which one you should pick and gives some helpful solutions. Also, premise liability coverage can be harmful without understanding what it covers, so tune in now to make sure you are fully covered! Find out more about Shawn Woedl and the team at NREIG at www.NREIG.com  

Growing Your Portfolio, with Noel Christopher

Noel Christopher, SVP of Renters Warehouse, is on air with Abhi to chat about creating wealth and building your real estate portfolio. If you are wondering if now is the time to buy, Noel says interest rates are low and it is the time to buy. Noel has some great tips for figuring out your best investment. He says it is all about finding the right market, property and getting the best deals possible. Always consider the long-term approach — flipping isn’t bad, understanding your long-term goals is very important in order to continue building wealth. Learn about Opportunity Zones and how they can have an impact on your real estate investment properties. It is a huge opportunity and should always be discussed with a financial advisor before making any big decisions. Find out more about Opportunity Zones in this educational and informative show. Learn more about Renters Warehouse by visiting RentersWarehouse.com today!

Indicators in the Real Estate Market, with Samuel Freshman

Samuel Freshman, Chairman of Standard Management Company, takes us through his unique journey to real estate investment. He brings years of experience to the table and has insights into the news sources he trusts in the industry to help him formulate his strategies to evaluating deals. Real Estate should be looked at as a microeconomy, not a macroeconomy. Abhi says it needs to be looked at street by street, not just city by city, and they are looking into population trends and income levels and Sam will tell you how he finds out this information. Again, it’s all about boots on the ground and doing your due diligence. They go over success factors in evaluating a multi-family deal. Can you guess what some of these are? Tune in to find out! To get in touch with Samuel visit StandardManagement.com today!

Real Estate Economics, with Harding Easley

Harding Easley, with Yardi Matrix, is on the show to talk about all things real estate. He gets into the economy and gives his two cents for how things are going — he says they are keeping an eye on the yield curve and calls it a “sharp shooters” game. It’s all about knowing the decisions you need to make in a market before jumping in. Abhi asks Harding to speculate a little on the economy and they bring up the “Black Swan” and what “could” happen in our economy. Harding and his team work on five different models for if and when a recession hits and he gives his prediction for what year that will take place. Whether you are a new investor or current investor, they are unpacking complex concepts to help you better understand what can seem tricky and complicated. To learn more about Yardi Matrix and to get in touch with Harding, email him at Harding.Easley@Yardi.com  

The Power Play, with Greg Rand

Listener Question Greg and Abhi start off this episode of Think Realty Radio by answering a question sent in by Carrie from Indianapolis. It’s an in-depth question regarding her method of real estate investing, which is to buy a fixer-upper, live in it, fix it up, then rent it out and move onto another property to do the same thing. The problem she’s run into is that she’s having a hard time finding good tenants for her properties. Greg and Abhi dissect her plan and show her where some holes may be and how to plug them to make her method more sound. Solutions offered by the two include heightening her marketing plan to find better tenants, paying specific attention to the neighborhoods in which she’s buying, and finding a property manager to take care of filling the property so she doesn’t have to. Read the article Greg recently published on ThinkRealty.com, titled Two Indicators Investors Should Watch in 2019. Ask Your Question! If you have a question you’d like answered on-air, fill out the form on ThinkRealtyRadio.com for questions, or text ASK to 96270 and Abhi will try to answer them for you!

Say Yes to Notes, with Jasmine Willois and Natasha Navarro

Paper: if invested in properly, can and will make you a lot of money! By paper, today, we’re talking about notes, and why you should consider adding them to diversify your portfolio. About the Guests Jasmine Willois and Natasha Navarro are two experts in the note portion of the real estate investment industry and join Abhi on Think Realty Radio to cover all aspects of notes, from performing to non-performing and more! Jasmine is the President of the Note Assistance Program which aims to be the change they want to see in the industry. The program exists to assist entrepreneurs and accredited investors to be properly trained to buy notes from the bank. Natasha started with the Note Assistance Program three years ago after a decorated career in real estate investing and has risen to an executive role at the company. What is a Note, Exactly? A note is simply the paperwork a homebuyer fills out when they are approved for a loan. That paperwork is sold by the bank to a person who has chosen to invest in notes, who then collects the monthly mortgage payments from the homebuyer. It’s akin to collecting rent, except easier — the note-buyer doesn’t have to deal with tenants, toilets, or trash. In Natasha’s words, you become a “leanlord” rather than a landlord, meaning you get the money deposited into your account without the headaches. Other topics included in this episode include Jasmine and Natasha’s views on the current market patterns, Dodd Frank, and more. Learn more about investing in notes and Jasmine and Natasha at NoteAssistanceProgram.com!

A Total Solution, with Kevin Ortner

Good friend of the show and CEO of Renters Warehouse Kevin Ortner returns for his regular spot on Think Realty Radio. Renters Warehouse has grown from a local, small Mom ‘n Pop property manager in Minneapolis to become America’s largest third-party property manager of single-family homes.   The Total Solution Renters Warehouse has just announced that they’ve merged with Greg Rand’s Own America, and Abhi and Kevin talk about the behind-the-scenes aspects of that decision. Among the most important aspects of the merger is the ability to make it easier for REIs to buy and conduct business on a platform which — until now — wasn’t available to investors. The good thing about this merger for the investor, especially those who are just getting involved in the industry, is that with Renters Warehouse and OwnAmerica teamed up, they’ll be able to provide educational resources, analytical tools, and properties to shop around for, all online. The two also talk about successful investment strategies and their views on the housing market today. Learn more in this Think Realty article regarding the acquisition: Renters Warehouse Acquires OwnAmerica, Creating ‘Total Solution’ for Real Estate Investors.

The Art of the Short Sale, with Dwan Bent-Twyford

About Dwan Dwan Bent-Twyford is today’s featured guest on Think Realty Radio with Abhi Golhar. Dwan became a real estate entrepreneur in her 30’s when she made a decision to work for herself so she could stay at home rather than put her newly born daughter into daycare. She wound up rehabbing and decorating homes for sale, and from those humble beginnings bloomed a successful and lucrative REI career. Dwan’s first deal netted $22,000. Abhi asks her to break down how that worked out and what made it so successful, and she describes all the details for those looking to triumph over their first deal. Other topics touched upon include the current state of the housing market, qualities real estate investors should exhibit, along with the strategy of using short sales. What are Short Sales? In the early years of her career, Dwan discovered and trademarked the strategy of using short sales. Different than rehabbing and flipping, short sales are essentially getting the bank to take less than what’s owed against the house. Often times this can be done with a simple phone call to the bank. Listen to the episode to learn everything Dwan — inventor of the short sale — has to share, and learn more by visiting her website Dwanderful.com!

Doug’s Data, with Doug Duncan

Doug Duncan is the Senior Vice President and Chief Economist at Fannie Mae and has access to millions and millions of market data points. This allows him to know exactly where we’re heading in the market today. About Doug Doug grew up on a dairy farm, which he feels gave him a particularly helpful point of view when applied to real estate investing. He uses that mindframe within the topics covered on today’s episode of Think Realty Radio, which include millennials and the trends associated with their chosen ways of life.   Doug’s Data Points 63-65 percent of Americans are and will become homeowners. This means 35-37 percent are and will stay renters. There are millions of single-family rentals, and that’s a number investors who are naturally geared toward single- or multi-family rental properties shouldn’t fear will ever leave. According to Doug, there are three kinds of renters: Those who simply don’t want to own. Renters constrained by income. People who are forced to rent due to a life-changing event. All this information and more are included in this information-packed episode of Think Realty Radio. Read more about Doug Duncan in this Think Realty article about him and his philosophies: Powerful Data Produces Good Business.

Negotiating with the Market, with Greg Rand

Weekly guest on the show Greg Rand is back this Tuesday for another hard-hitting episode of The Power Play. Greg is the CEO of OwnAmerica and lives, eats, and breathes real estate investing. Correct: It’s Just a Correction In this episode, Greg and Abhi begin by discussing a clip of Greg on Fox News in which he talks about the current shift in the housing market. He reiterates that the market is experiencing a correction — not another crash as many media channels may have you believe. House prices have gone too high, and buyers have reached the point where they won’t pay past a certain point. So of course, at some point, buyers simply have to wait until prices become affordable again. It’s helpful to look at the market as a simple negotiation at scale, as Greg puts it. How do you deal with this? Develop a strategy, which the dynamic duo talk about in the show’s second segment. Greg details all this in easily digestible terms for Think Realty Radio listeners. Learn more from Greg at OwnAmerica.com, or check out his book Crash Boom!: Make a Fortune in Today's Volatile Real Estate Market.