18 Burst results for "National Apartment Association"

"national apartment association" Discussed on WNYC 93.9 FM

WNYC 93.9 FM

04:38 min | 3 months ago

"national apartment association" Discussed on WNYC 93.9 FM

"From NPR news. I'm child. Snyder. Demonstrations continued in Rochester, New York last night, with police firing tear gas to break of crowds. NPR's Brian ran reports on the protest that broke out this week over the death of Daniel proved in police custody. Daniel proved a black man died in March after being arrested by police. Video made public this week showed his body naked in the street had covered outraged people March for hours again Friday night, police first described prudes death was a drug overdose, prompting accusations of a cover up. Justin Moore has joined the protest. We demand answers and we demand justice. Our demands are that the police be removed and also that the mayor and all parties involved step down, effective immediately. Seven officers have been suspended. Police used tear gas again last night to break up the peaceful March. Brian Man, NPR News, Rochester, New York police and Rochester declared unlawful assembly last night. They did the same in Portland, Oregon, which is marking 100 straight nights of protests this weekend. A nationwide eviction ban is now in place through the end of the year order by the Centers for Disease Control. But NPR's Kris Arnold reports. It's not automatic, and there's no money behind it to be protected. Rennes need to sign a declaration and send it to their landlord. You can search for the details at CDC dot gov. Getting help from a legal aid attorney is a good idea. Also, landlord say the ban isn't fair because it doesn't provide any money to cover the lost rent. Greg Brown is with the National apartment Association. This is an incomplete solution. And my members worry greatly about what the damage that they're going to sustain and what damage that industry will sustain from this housing advocates to want Congress to come up with money for a rental assistance plan. Otherwise, when the temporary ban is over, they say millions of people will be evicted anyway, because they can't afford all the missed rent payments. Chris Arnold. NPR News Everyday marks a traditional beginning of the campaign season and in this anything but typical campaign, NPR's Mara Liasson reports that we should still start seeing a lot more of the candidates. With less than two months to go. The presidential race is still remarkably stable in an average of polls. Joe Biden still has a lead nationally and in the battleground states that will determine the winner. Neither buy nor President Trump got much of a bounce from their conventions. Biden is focusing on the pandemic and what he says is. Trump's failure to lead polls show a consistent advantage for Biden on that issue. Trump, on the other hand, is betting the voters will care more about law and order and that their concerns are shifting from racial justice to the riots and cities like Portland, Oregon, and Kenosha, Wisconsin. But polls show that although support for the black lives matter movement has softened its not a zero sum game. In other words, Trump isn't getting an equivalent boost when voters are asked to rate his response to the unrest. Mara Liasson. NPR NEWS. This is NPR news and it says W C in New York. I'm David first. The empty says it will continue disinfecting the transit system, even though the federal government plans to stop covering most of the cost. W When my CI's Stephen Nessen reports since March, PMT has been cleaning every subway car and bus multiple times a day, as well as shutting down overnight service for deep cleanings. It's also been outfitting workers with P P E and taking their temperatures. The cost of everything is expected to be half a billion dollars this year. The Federal Emergency Management Agency will pay the empty for 75 per cent of the costs, but only through mid September. The empty A is already facing a $12 billion budget shortfall. This only adds to its woes empty Chairman Pat Foy, quoting an infamous daily news headline. Has concluded that Washington is again telling New York to drop dead. FEMA did not respond to a request for comment. City Councilman is sounding the alarm about poor ventilation at a school campus in Manhattan that includes several high schools. The Martin Luther King Jr campus is located near Lincoln Center. Mark Trager, who chairs the council's education committee, says classrooms inside this campus have no windows. And air vents don't circulate enough air. It's not just one classroom, numerous classrooms. This has been an ongoing issue for a long time, and I don't see any realistic scenario where they could fix the issues by the 21st. Students who choose a mix of remote and in person learning or expected back at school on the 21st Traeger is asking the city to relocate the schools before then. The mayor's office says a report on the completed school inspections.

NPR NEWS President Trump Joe Biden New York Rochester Mara Liasson Brian Man Daniel Federal Emergency Management A Oregon Portland drug overdose Snyder Chris Arnold Martin Luther King Jr Rennes Centers for Disease Control CDC
"national apartment association" Discussed on KTOK

KTOK

06:26 min | 3 months ago

"national apartment association" Discussed on KTOK

"Up 80%. Stock split at no value to a company. It just makes the price more accessible in the minds of retail investors, and it's illustrative that on ly people who don't know what they're doing with investing would engage in that, and that's the worrisome part. So it's a fascinating scenario. Let me ask you this. You mentioned earlier that your organization and its early days found correlations between the study of stock market cycles and the study of other cycles. You mentioned sunspots. You know, it's so funny that you mentioned sunspots. We just received an email this week from our satellite operator because, of course, you know, as we produce a radio show, it is transmitted via satellite, and we just got an email that said Son outage season is approaching and will occur in early to mid October. The Sun outage event occurs twice per year during the spring and fall equinox, the sun aligns directly behind the satellite. In reference to your downlink antenna, creating a brief outage by overwhelming the satellite signal with the tremendous amount of radio frequency noise generated by the sun. There's a cycle for you. Can you elaborate on the nature of cycles? And why this is something that a lot of fortune 500 companies pay you a lot of money to provide data on Well, I should say the foundation for the study of cycles is a not for profit organization. So we are studying the cycles, economic cycles and cycles in nature as well. So yes, there are correlations between sunspot cycles and stock market cycles. And we're going into a kind of low area of sunspot cycles right now. But let's talk about the presidential cycle year pattern so every four years the stock market follows a fairly predictable pattern. And that pattern predicts that will probably be a certainly a sideways action is not a significant correction in September and October of presidential election years. So that's a common type of cycle that the foundation ah has documented and that we bring to the attention of the public. And if people want to learn Maura about the research that you produce, where should they go? Ah, it's pretty simple cycles dot org's cycles dot org. Well, that's really fascinating information, and I really appreciate your taking the time to share all of that with us. That is Dr Richard Smith, the CEO of the foundation for the study of Cycles. You're on the rig cattleman show. So that was my interview with Dr Richard Smith that I recorded with him on Wednesday. J. I hate it when I'm right. The very next day before we had a chance to air that interview, the market tanked. Yep. On Thursday and Friday, the Dow fell 3.3% the worst two days since June. The S and P. 500 lost 4.3, also the worst since June on the NASDAQ fell 6.2% the worst since March. This isn't a surprise that I'm not the only one who's been expressing concern. E trade released a survey this week of investment advisors before the market fell and 52% the majority said they were now barrish. Tiger 21, which is a club of more than 800, multimillionaire investors again before the market fell, said their members had raised their cash holdings to 19% of the total assets. In the futures market Hedging hit an all time high before Thursday's decline. It had a higher level than it did before the Obama McCain election even higher than it was during the Clinton Trump election. Volatilities in the dollar yen futures market also hit its highest peak since 1999 now I'm not trying to scare you, but the market fell Over 6% in the last two days, So I have to ask you Are you scared? Well, I have two messages for you. First. You get no sympathy from May I've been warning you for months that there's been a huge disconnect between the economy and the stock market. I wrote a 62 page report on covert and your money two months ago. I've let you downloaded for free. You still can, by the way at Ric Edelman dot com So I'm sorry. I don't mean to sound mean. But your mommy told you if you eat too much candy, you'll get a tummy ache. So My second message is this If you're scared now, do something about it. Talk to your financial adviser now about making changes to your portfolio, because if you can't even handle a four or five or a 6% decline, imagine how you'll panic if the market drops 35% like it did last spring. Now, if you're not scared, good for you. I'm proud of you. You know that 10 years from now, This will be old news. So if you're not panicking, and you're sure you won't panic, no matter what comes next, you're good. Stay with your long term portfolio strategy. In the midst of all this. We have big news from the CDC 43 million U. S households are renters on the CDC has just band evictions for the rest of the year for everyone who earns less than $99,000 a year. Housing advocates are thrilled, but this is a short term victory because on January 1st, you're goingto all that back rent, and if you can't pay, you'll get evicted them and it's going to be cold outside. So while this is good news for renters today, it's horrible news for landlords. The National apartment Association represents landlords, and they're deeply concerned, they say, quote. Property owners face a financial crisis of their own. They're not going to be able to maintain properties pay their mortgages or property taxes. The CDC is action creates risk of a cascade that will further harm the economy, amplify the housing affordability crisis and destroy the rental housing industry. This global housing crisis cannot be blamed on the rental housing industry. Nor can the industry bear the brunt of the pandemic alone, unquote And even though residential tenants are not getting evicted retail tenants are Saks Fifth Avenue in Miami is getting.

CDC Dr Richard Smith National apartment Association Ric Edelman Maura CEO Obama Miami Clinton McCain
CDC Issues Sweeping Temporary Halt On Evictions Nationwide Amid Pandemic

NPR's Business Story of the Day

03:58 min | 3 months ago

CDC Issues Sweeping Temporary Halt On Evictions Nationwide Amid Pandemic

"Millions of Americans have been at real risk of eviction over the past few months. Many of those people have now been given a lifeline in a dramatic move. The Centers for Disease Control and Prevention is ordering a halt on vacations across the country through the end of this year NPR's Chris Arnold is reporting on this and joins us now Chris Good Morning. So this I mean, this is a huge move by the CDC. It doesn't those seem on its face like something agency would have the power to do. Hey Rachel. Yeah. So I mean you might think because especially so far during this pandemic, we've seen you know nothing very forceful from the CDC. It's been criticized for having voluntary guidance that let states and businesses can do whatever they want. You know I if that's the CDC SORTA walking on little. Kitty cat feed this though is the CDC you know booming it's feet like Paul Bunyan, or something. And doing something much more dramatic and the CDC says it does have the authority under the Public Health Service Act of nineteen, forty four that gives the government broad power to stem the spread of communicable diseases and look I mean the basic idea of course is that forcing people out into homeless shelters or crammed together living with relatives that that is very likely to get a lot more people sick. So, who does this eviction ban apply to specifically? All right. Well, quickly to qualify renters have decided declaration saying that they tried to get unemployment benefits or other kinds of support that they'll make partial payments as much as they can afford to their landlord day can't make more than about one hundred, thousand dollars a year or twice that if you file jointly. And that if you're a victim, you have no other option than homelessness or living with more people in in close proximity. which would increase the risk, which is exactly what they're trying to avoid. The rate of Krona virus here. So how many people are we talking about? How many people with this effect we're talking about a lot of people when when estimate from the national low income housing coalition is thirty to forty million people in seventeen million households or families were at risk of losing their home by the end of the year of something like this wasn't done Diana tells the CEO of the group and I spoke to her last night. Well, my reaction is a feeling of tremendous relief. I. Mean It's a pretty extraordinary. And bold and unprecedented measure that the White House is taking that will save lives and prevent tens of millions of people from losing their homes in the middle of pandemic. But she says also Congress or the White House should have done this months ago. Instead, we've had this crazy quilt patchwork of federal state local moratoriums. Lots of people weren't covered and thousands of people have already been affected. What are you hearing from landlords about this Chris? Well, insurance, the landlords are saying well, who's supposed to pay for this? You Know Democrats in Congress had plans for a moratorium but along with that was one hundred, billion dollars of assistance to renters and landlords to pay for that that is not a part of this order spoke to Greg Brown with the National Apartment Association. We're really concerned about this because the piece that's missing is the most important piece in this whole process, which is rental assistance because if the moratorium is put in place, rents are not paid, but the owners continue to have to meet their financial obligations and how are they supposed to do that? Who's going to help them pay their bills and it's not just landlords who rental assistance Intel who heard from she to says, look this needs to be coupled with federal money to pay for missed rent. It's a half-measure eviction moratoriums on their own. Create financial cliff for renters to fall off of when those moratoriums eventually expire and back rent is due and renters are no more able to pay then than they were at the beginning of the pandemic. And, we should say all this puts pressure on lawmakers to make a deal and come up with some money to to pay and and help people struggling during during the pandemic.

CDC Chris Arnold Congress White House Paul Bunyan Intel NPR Rachel National Apartment Association CEO Greg Brown Diana
"national apartment association" Discussed on AM 1590 WCGO

AM 1590 WCGO

01:41 min | 1 year ago

"national apartment association" Discussed on AM 1590 WCGO

"And sure enough the president of the company that I was buying from which there was a couple of his people and we really just hit it off Bruce night just have one comment okay and he started introducing me around as the guy that was coming from taxes entering the market find a deal and that was just a great time and and funny that that would that we're part started to happen there is coming out of the due diligence third trip up there was for the lender visits after your walks of lease audits and from the due diligence I actually found myself area where I need to re trade these guys a little bit so would help the broker that should have been in the middle of this bank I went straight to their office and we were sitting at the conference room table in their office and I'm in the process of re trading now in my head I've also decided to I really like them the best of any of the companies that I've interviewed and as I was transitioning the conversation we got past the re trade to which you guys take back the records management all the steel I get a text from John rich way are you buying appeal in Cincinnati and my answer was yes why and he said because I'm sitting next to the CFO at national apartment association and he wants to know if you're for real in what you're doing and such so you have a small world in the network thing came back around and is these guys were telling me it all the reasons why they didn't do third party we actually came to an agreement that they would take to strike back so for me and they laid down their rules and I laid down find that we let the battle so it was quite an.

president Cincinnati CFO national apartment association Bruce John rich
"national apartment association" Discussed on Biz Talk Radio

Biz Talk Radio

08:58 min | 2 years ago

"national apartment association" Discussed on Biz Talk Radio

"From my landlord helper dot com. My guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology in these components and the business of land lording and how we can be better with our tenants in home automation. And you're quite frankly, the clean of all of this info, where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that. You got I need some inside sources here. Linda. Yeah. I like the example, I gave you earlier I tried to look up to what I'm referring to as the big brothers Sevilla's institutionalized multifamily space. So for instance, in our area, I'm just outside of Chicago. There's an association called the Chicago land apartment association, and that's card of nationally. What's called the national apartment association? And a so that's something that I've been a member of really since the year. I started the business and I saw their newsletters closely. They often are discussing new trends, you know, they have annual conventions conferences, sorry conferences as well. As what some of the other ones. I just I guess I tried to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul. What I'll call is trend. You know, I just read something the other day. I think it was fellow family a website where they were talking about maker stay has. And what was so cool. It was like, oh, what's that with a maker station and talked about just being a shared space in these multifamily and gas, of course, a course like gas where it was was right in my backyard on State Street in Chicago. But I just all I had to do issue to bit. And I found it, but it was a very just just a general open space, but it had. The three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oh oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there like local little downtown like that. This type of stuff to communicate to your rights events. Like, they wanna know that like, you may think oh, you know. I don't know. Share that with that. You know, I don't know if you've read any of the articles about the even the fitness industry. Very trendy right now to go to small business places as opposed to that they classical Jim. That's right. They're paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional the traditional exercises. But then with a modern twist, and I think that's very interesting also kind of indicative of where we're headed in the property management state space to you have to be, hyper local, but then you also have to offer a service that's a cut above the others. If you're a property manager. It's a pay attention to that. But it also if you're a landlord you need to know, right? Like, you need to know that the you're ranchers in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab and old, and nobody know, then guess what happens you're not commanding the rent that you could and for a couple of hundred bucks. You could spruce up maybe your bed. Bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for the the there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that's just draws out more. New investors helped me understand house hacking to get started. What does house hacking even mean to you because there's a term that's always been going around, you know, at route one that I personally love 'cause I gonna I'm gonna proclaim that I'm not young, but I'm not going any further than that. And tell you that. I house had back in the day. That was our very first house at my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to this anymore as in-law apartment, and like, yes, we can do this. It was badly. Made of the home itself was badly in need of work. But to define how tacking is it had additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is a legal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was how packed it was down the block from college, which is ideal. So she has her up for and a separate entrance for the lower level. And she's got two bedroom. She's able. Two. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters it just such a great way to get out of that become the landlord get started with these different parts of the country. Sometimes it's referred to as to. I'm sorry. A duplex or two flack or three flat and many times they're old. They're owned by older generations that you know. Maybe there's like, I know in this cargo area, there's plenty of seniors in those buildings, and you know, they'd be happy to, you know, do some door knocking on a Saturday. And there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you. Paid on property. You know, so what's it? Good pathway. Then for new investors to go on this to go on this path of house hacking, should I should I buy duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the tech tools, or do I not do any of that and start to just invested remotely say in single family rentals and just start buying as much as I can right now. Is there a specific pathway that you recommend one versus the other maybe wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, a way might be the way to go, and it might occur naturally because if you are doing what we talked about going out on the Saturday, and you're looking around at houses, you make it. You stumble across some of these let's say I'm gonna again refer to my reference points today said causal, maybe one of those two or three flats is just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you can afford. But in the meantime, you'll be making some money through your search process, right? As so you'll be able to be putting away a little bit more a little bit more than if he could find somebody that will do the owner financing. I would suggest as you just said on living one went the other if he can afford to if you cannot afford what sort if your lifestyle can work with a smaller unit. That's even. Better. And then largely. Well said and I love that path as well. You gotta start small buildup get the experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure. Getting an invite to come on. I love to share whatever we could.

Linda Chicago national apartment association Reynolds Sevilla property manager Jim
"national apartment association" Discussed on Biz Talk Radio

Biz Talk Radio

09:00 min | 2 years ago

"national apartment association" Discussed on Biz Talk Radio

"Laboratory from my landlord helper dot com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, technology in these components and the business of landlord and how we can be better with tenants and home automation. And you're quite frankly, the Queen of all of this where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that on you got I need some inside sources here. Linda. I like the example, I gave you earlier I tried to look up to what I've referring to the big brothers. So those institutionalized multifamily space, so for instance, in our area, I'm just outside of Chicago. There's an association called the Chicago land apartment association, and that's card of nationally. What's called the national apartment association? And a so that's something that I've been a member of really since the year. I started the business and I follow their newsletters closely. They often are discussing new trends, you know, they have annual conventions. Conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul what I'll call trend. You know? I just read something the other day. I think it was follow multifamily a website where they were talking about maker stay has. And what was so cool. It was like, oh, what's that? With a maker station. And in NFL talked about just being a shared space in these families, and guests, of course, a course like gas where was was right in my backyard on State Street in Chicago. But I just all I had to do is you to and I found it. But it was a very just just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oh oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there like local little downtown like that type of stuff to communicate to your rights events. Like, they wanna know that like, you may think all you know, I don't know how share that with that. You know? I don't know if you've read any of the articles about the even the fitness industry. Right. It's very trendy right now to go to small fitness places as opposed to the classical, Jim. Right. Right. So people they're paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional you'd get the traditional exercises. But then with a modern twist, and I think that's very interesting and also kind of indicative of where we're headed in the property management state space to you have to be, hyper local, but then you also have to offer a service that's a cut above the others. If you're a property manager is pay attention to that. But it also if you're a landlord you need to know, right? Like, you need to know that you you're renters in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab an old, and nobody know, then guess what happens you're not commanding the rent that you could and for a couple of hundred bucks you could spray. What's up? Maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind. Linda another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that was draws out more. New investors helped me understand how hacking to get started. What does house hacking you've been mean to you? Because there's a term that's always been going around, you know, at route one that I personally love 'cause I'm gonna I'm gonna proclaimed that I'm not young, but I'm not going any further than that. And tell you that. I back in the day that was very talented with my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to this anymore as in-law apartment, and it was like, yes, we can do this. It was badly in need of the homeless itself was badly in need of work. But to define how tacking is it had a additional apartment small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is a legal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was how packed it was down the block from college, which is ideal. So she has her floor and a separate entrance for the lower level. And she's got two bedroom. She's able. Too. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters I it just such a great way to get out of that become the landlord get started with the, you know, different parts of the country. Sometimes it's referred to as a to a duplex or two flat or three flat and many times they're old. They're owned by older generations that you know, maybe there's like I know in this causal area. There's plenty of seniors in those buildings, and you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over the property, and sometimes I'll even hold the mortgage for you pay property, you know, so what's it? Good pathway. Then for new investors to go on this to go on this path of house hacking, should I should I buy a duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the right Tech-, tools, or do I not do any of that and start to just invest it remotely say in single family rentals and just started buying much as I can right now. Is there a specific pathway that you recommend one versus the other may be wholesale. Then by Reynolds, maybe start wholesaling than flipping a little bit. Then by Reynolds. What are your thoughts? Well, a whole life as a way to go, and it might occur naturally because if you are doing what we talked about going out on the day. And you're looking around at houses, you make it? You stumble across some of these let's say I'm gonna again referred to my reference points today said causal, maybe one of those two or three flats is just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you could afford. But in the meantime, you'll be making some money through your I'll say search process, right? As so you'll be able to be putting away a little bit more a little bit more than if you could find somebody that will do the owner financing. I would suggest as you just said own living. I went the other he can afford to or if you cannot afford what sort if your lifestyle can work with a smaller unit. That's. Even better and the mental health largely. Well said and I love that path as well. You gotta start small build up fifty experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure. Getting an invite to come on. I love to whatever.

Linda Chicago Reynolds national apartment association property manager NFL Jim
"national apartment association" Discussed on Biz Talk Radio

Biz Talk Radio

08:57 min | 2 years ago

"national apartment association" Discussed on Biz Talk Radio

"Helper dot com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology and these components in the business of landlord, and how we can be better with our tenants and home automation. And you're quite frankly, the Queen of all of this where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that. You got. Inside sources here. Linda. I like the example, I gave you earlier I tried to look up to what I'm referring to as the big brothers. So those institutionalized multifamily space, so for instance, in our area on just outside of Chicago. There's an association called the Chicago land apartment association, and that's card of nationally. What's called the national apartment association and a so that's something that I've been a member of really since the year. I started the business and I follow their newsletters closely. They often are discussing new trends, you know, they have annual conventions. Ito conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul. What I'll call is trend. You know, I just read something the other day. I think it was fellow multifamily a website where they were talking about maker stay, and what was so cool. It was like, oh, what's that with a maker station and talked about just being a shared space is as Malta families and guests, of course, a course like gas where it was was right in my backyard on State Street in Chicago. But I just all I had to do issue to that. And I found it, but it was a very just just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like a oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there. Like local little downtown. That type of stuff to communicate to your residents. Like, they wanna know that like, you may say, oh, you know, I don't know have share that with that. You know, I don't know if you've read any of the articles about the even the fitness industry, like it's very trendy right now to go to small business places as opposed to that they classical Jim rights right here people. They're paying unheard of a premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like barberry, Asians. And then you have I think orange theory like you said some of these really boutique shops where you get that traditional the traditional exercises. But then with a modern twist, and I think that's very interesting and also kind of indicative of where we're headed in the property management state space to you have to be, hyper local, but then you also have to offer a service that's a cut above the others. If you're a proper. Manager. It's the pay attention to that. But also, if you're a landlord you need to know, right? Like, you need to know that the rancher is in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab and old, and nobody know, then guess what happens you're not commanding the rent that you could and for a couple of hundred bucks. You could spruce up maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that's draws out more. New investors helped me understand house hacking to get started. What does house hacking even mean to you because there's a term that's always been going around. You know? At route is one that I personally love because I'm gonna I'm gonna proclaim that I'm not young. But I'm not going any further than that. And tell you. I had back in the day. That was very talented with my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to as an in-law carpet. And I was like, yes, we can do this. It was badly in native the homeless was badly in need of work, but to define how packing is it had a additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that isn't a legal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was how hacked it was down the block from college, which is ideal. So she has her up for a separate entrance for the lower level. And she's got two gyms. She's able. Too. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters it just such a great way to get out of that become the landlord get started with these, you know, different parts of the country. Sometimes it's referred to as a I'm sorry, a duplex or two flat or three flat and many times they're old. They're owned by older generations that you know, maybe there's like I know in this causal area. There's plenty of seniors in those buildings, and you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you. Paid property. You know, so what's it? Good pathway. Then for new investors to go on this to go on this path of house hacking, should I should I buy a duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the right tech, tools, or do I not do any of that and start to just invest it remotely say in single family rentals and just start buying as much as I can right now. Is there a specific pathway that you recommend one versus the other may wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by rentals. What are your thoughts? Well, a whole life as a way to go, and it might occur naturally because if you are doing what we talked about going out on the day. And you're looking around at houses there, you make it. You stumble across some of these what say I'm gonna again refer to my records points. Today's a causal maybe one of those two or three flats is just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you could afford. But in the meantime, you'll be making some money through your Alsace search process, right as so you'll be able to be putting away a little bit more a little bit more than if you could find somebody that will do the owner financing. I would suggest as you just said own living one, but the other if he can afford to if you cannot afford what sort if your lifestyle can work with a smaller unit. That's even. Vitamin and then mental health largely. Well said and I love that path as well. You gotta start small build up get the experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure. Getting an invite to come on. I love to share whatever we could with you..

Linda Chicago national apartment association Ito Malta Jim Reynolds
"national apartment association" Discussed on Biz Talk Radio

Biz Talk Radio

08:56 min | 2 years ago

"national apartment association" Discussed on Biz Talk Radio

"Dot com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology. These components and the business of landlord and how we can be better with our tenants and home automation. And you're quite frankly, the Queen of all of this info, where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that. You got I need some inside sources here. Linda. Yeah. I like the exactly earlier I tried to look up to what I'm referring to as the big brothers. So those institutionalized multifamily space, so for instance, in our area on just outside of Chicago. There's an association called the Chicago land apartment association. And that's part of nationally what's called the national apartment association. And a so that's something that I've been a member of really since the year. I started the business and I saw their newsletters closely. They often are discussing new trends, you know, they have annual conventions conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to what I'll call trend. You know? I just read something the other day. I think it was from multifamily a website where they were talking about maker stations. And what was so cool. It was like, oh, what's that with a station here, and in and it talked about just being a shared space is as Malta families and gas, of course, I should say, of course, like gas where it was was right in my backyard on stage street in Chicago. But I just all I had to do issue to bit. And I found it, but it was a very just just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oh oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there like local little downtown like that type of stuff to communicate to your rights events. Like, they wanna know that like, you may think oh, you know. I don't know how share that with that. You know? I don't know if you've read any of the articles about the even the fitness industry. Like, it's very trendy right now to go to small fitness places as opposed to the classical, Jim rights, right people. They're paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like barberry ations. And then you have I think orange theory like you said some of these really boutique shops where you get that traditional. You get the traditional exercises. But then with a modern twist, and I think that's very interesting and also kind of indicative of where we're headed in the property management space to you have to be, hyper local. But then you also have to offer a service that's a cut above the others. If you're a property manager. It's the pay attention to that. But it also if you're a landlord, you need to know like you need to know that you were renters in your tenants have options. And if you are if you're stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab and old, and nobody know, then guess what happens you're not commanding the rent that you could and for a couple of hundred bucks. You could spruce up maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that's just draws out. More. New investors helped me understand house hacking to get started. We'll just house hacking you've been mean to you because there's a term that's always been going around. You know, it's one that I personally love because I'm gonna I'm gonna proclaim that I'm not young. But I'm not going any further than that. And tell you that. I have back in the day. That was our very first house at my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to this anymore as an in-law apartment, and it was like, yes, we can do this. It was badly in native the homeless was badly in need of work. But to define how tacking is it had a additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is illegal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was house hacked. It was down the block from college, which is ideal. So she has her up for and a separate entrance for the lower level. And she's got two gyms. She's able to. Two. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters. I it just such a great way to get out of that become the landlord get started with these, you know, different parts of the country sometimes referred to as a two. I'm sorry. A duplex or two flat or three flat and many times they're old. They're owned by older generations that you know. Maybe there's like, I know in this causal areas, there's plenty of seniors in those buildings, and, you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you paid on property. So what's it? Good pathway. Then for new investors to go on this to go on this path of house hacking, should I should I buy a duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times, and then call it quits and get a property management company used the right tech, tools, or do I not do any of that and start to just invested remotely say in single family rentals and just start buying as much as I can right now is there specific pathway that you recommend. One versus the other maybe wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, a whole likely the way to go, and it might occur naturally because if you are doing what we talked about going out on the Saturday, and you're looking around at houses there, you may. You stumble across some of these let's say I'm gonna again refer to my records points today for causal, maybe one of those two or three classes just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. Maybe it'll it will happen naturally that one of them is going to be the one you could afford. But in the meantime, you'll be making some money through your Alsace search process, right? And so you'll be able to be putting away a little bit more a little bit more than if you could find somebody that will do the owner financing. I would suggest as you just said on living one went the other if he can afford to if you cannot afford what sort if your lifestyle can work with a smaller unit. That's even. Vitamin and then largely. Well said and I love that path as well. You gotta start small build get the experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure. Getting an invite to come on. I love to Sarah,.

Linda Chicago national apartment association Reynolds property manager Malta Jim rights Sarah
"national apartment association" Discussed on Biz Talk Radio

Biz Talk Radio

09:00 min | 2 years ago

"national apartment association" Discussed on Biz Talk Radio

"Tori from my landlord helper dot com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology, and these components and the business of land lording and how we can be better with our tenants in home automation. And you're quite frankly, the Queen of all of this where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that you got I need some inside sources here. Linda. Yeah. I like the example, I gave you earlier I tried to look up to what I refer to as the big brothers. So those institutionalized multifamily space, so for instance, in our area, I'm just outside of Chicago. There's an association called the Chicago land apartment association, and that's part of nationally what's called the national apartment association. And a so that's something that I've been a member of really since the year. I started the business and I saw their newsletters closely. They often are discussing new trends, you know, they have annual conventions. You know? Conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul. What I'll call is trend. You know, I just read something the other day. I think it was from multifamily a website where they were talking about maker stay has. And what was so cool. It was like, oh, what's that with a maker station here and talked about just being a shared space is as Malta families and gas, of course, a course like gas where it was was right in my backyard on stage street in Chicago. But I just all I had to do you to that? And I found it. But it was a very just just a general open space. But it. Had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oh oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there. Like local little downtown like that type of stuff to communicate to your residents. Like, they wanna know that like, you may think oh, you know. I don't know how share that with that. You know? I don't know if you've read any of the articles about the even the fitness industry. Very trendy right now to go to small fitness places as opposed to that they classical Jim right people out. They're paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional the traditional exercises. But then with a modern twist, and I think that's very interesting and also kind of indicative of where we're headed in the property management state space to you have to be, hyper local, but then you also have to offer a service that's a cut above the others. If you're a property manager is to pay attention to that. But also, if you're a landlord you need to know, right? Like, you need to know that the UN ranchers in your tenants have options. And if you are if your stuff isn't up to snuff, your furnishings aren't up to snuff, and they're just super. Drab an old and nobody no, then guess what happens. You're not commanding the rent that you could and for a couple of hundred bucks. You could spruce up maybe your bedroom and invest in it a little bit to hit that higher yield. So can keep some of those ideas in mind. Linda another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that just draws out more. New investors helped me understand house hacking to get started. What does house hacking even mean to you because there's a term that's always been going around. You know at route is one that I personally love 'cause I'm gonna I'm gonna proclaim that I'm not young. But I'm not going any further than that. And tell you. I house had back in the day. That was our very first house. My husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to this anymore as an in-law apartment. Yes, we can do this. It was badly and native the homeless was badly in need of work. But to define how tacking is it had additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is a illegal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was how packed it was down the block from college, which is ideal. So she has her out for and a separate entrance for the lower level. And she's got two bedroom. She's able to so it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters. I it just such a great way to get out of that become. Landlord. Get started with these different parts of the country. Sometimes it's referred to as a two. I'm terry. A duplex or two flat or three flat. And many times they're old. They're owned by older generations that you know, maybe there's like I know in this causal area. There's plenty of seniors in those buildings, and you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you. Paid on property. So what's it? Good pathway. Then for new investors to do on this to go on this path of house hacking, should I should I buy a duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the right tech, tools, or do I not do any of that and start to just invest it remotely say in single family rentals and just started buying as much as I can right now. Is there a specific pathway that you recommend one versus the other maybe wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, the whole way might be the way to go, and it might occur naturally because if you are doing what we talked about going out on the day. And you're looking around at houses, you may. You stumble across some of these let's say I'm gonna again referred to my reference point today said causal, maybe one of those two or three flats is just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you could afford. But in the meantime, you'll be making some money through your Alsace search process, right? And so you'll be able to be putting away a little bit more a little bit more than if you could find somebody that will do the owner financing. I would suggest as you just said own living one went the other if he can afford to or if you cannot afford what sort if your lifestyle can work with unit. That's. Even better and the mental health largely. Well said and I love that path as well. You gotta start small buildup fifty the experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure. Getting an invite Ciclon. I love to share whatever we could.

Linda Chicago national apartment association Reynolds Tori property manager UN Malta Jim
"national apartment association" Discussed on Biz Talk Radio

Biz Talk Radio

08:56 min | 2 years ago

"national apartment association" Discussed on Biz Talk Radio

"Com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology in these components and the business of land lording, and how we can be better with our tenants in the home automation. And you're quite frankly, the Queen of all of this where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that you got I need some inside sources here. Linda. Yeah. I like the example, I gave you earlier I tried to look up to what I referring to as the big brothers. So those institutionalized multifamily space, so for instance, in our area on just outside of Chicago. There's an association called the Chicago land apartment association, and that's part of nationally what's called the national apartment association. And a so that's something that I've been a member of really since the year. I started the business and I saw their newsletters closely. They often are discussing new trends, you know, they have annual conventions. You know? Conferences, sorry conferences as well. As what some of the other ones. I I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul. What I'll call is trend. You know, I just read something the other day. I think it was from multifamily a website where they were talking about maker stay has. And what was so cool. It was like, oh, what's that? With a maker station. Here's all and talked about just being a shared space in these malted families, and guests, of course, a course like gas where it was was right in my backyard onstage street in Chicago. But I just all I had to do issue to that. And I found it, but it was a very just just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there like local little downtown like that type of stuff to communicate to your rights events. Like, they wanna know that like, you may think all you know, I don't know how share that with that. You know? I don't know if you've read any of the articles about the even the fitness industry. All right. It's very trendy right now to go to small business places as opposed to the classical, Jim. Right. People out there paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional the traditional exercises. But then with a modern twist, and I think that's very interesting and also kind of indicative of where we're headed in the property management space. So you have to be, hyper local, but then you also have to offer a service that's a cut above the others. If you're a property manager is to pay attention to that. But it also if you're a landlord, you need to know like you need to know that the UN ranchers in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab and old and nobody no, then guess what happens. You're not commanding the rent that you could and for a couple of hundred bucks. You could spruce. Maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that just draws out more. New investors helped me understand house hacking to get started. What does house hacking even mean to you because there's a term that's always been going around, you know, at route one that I personally love because I'm gonna I'm gonna proclaim that I'm not young. But I'm not going any further than that. And tell you. I house sat back in the day. That was our very first house with my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to as an in-law -partment. And like, yes, we can do this. It was badly native the homeless was badly in need of work, but to define how tacking is it had additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is a legal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was how packed it was down the block from a college, which is ideal. So she has her up for and a separate entrance for the lower level. And she's got two bedrooms. She's able. Too. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters I it just such a great way to get out of that become the landlord get started with these, you know, different parts of the country. Sometimes it's referred to as a to. I'm a duplex or two flat or three flat and many times they're old. They're owned by older generations that you know, maybe there's like Chicago area. There's plenty of seniors in those buildings, and you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you. Paid property. You know, so what's it? Good pathway. Then for new investors to go on this to go on this path of house hacking, should I should I buy a duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the right tech, tools, or do I not do any of that and start to just invested remotely say in single family rentals and just started buying much as I can right now. Is there a specific pathway that you recommend one versus the other maybe wholesale den by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, a whole her way likely the way to go, and it might occur naturally because if you are doing what we talked about going out on the Saturday, and you're looking around at houses, you may stumble across some of these let's say I'm gonna again refer to my reference points today said causal, maybe one of those two or three classes just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you could afford. But in the meantime, you'll be making some money through your Alsace search process, right? And so you'll be able to be putting away a little bit more little bit more than if he could find somebody that will do the owner financing. I would suggest as you just said on living one went the other if he can afford to if you cannot afford what sort if your lifestyle can work with a smaller unit. That's even. Better and the larvae. Well said and I love that path is well, you gotta start small build fifty experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure. Getting an invite to come on. I love to share whatever we could.

Linda Chicago Reynolds national apartment association property manager UN Jim
"national apartment association" Discussed on BizTalk Radio

BizTalk Radio

08:56 min | 2 years ago

"national apartment association" Discussed on BizTalk Radio

"Com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology, and these components and the business of land lording, and how we can be better with our tenants and home automation. And you're quite frankly, the Queen of all of this info, where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that. You got I need some inside sources here. Linda. Yeah. I. Maybe earlier I tried to look up to what I've referred to as the big brothers. So those institutionalized multifamily space, so for instance, in our area on just outside of Chicago. There's an association called the Chicago land apartment association, and that's part of nationally what's called the national apartment association. And a so that's something that I've been a member of really since the year. I started the business and I follow their newsletters closely. They often are discussing new trends, you know, they have annual conventions conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul. What I'll call is trend. You know, I just read something the other day. I think it was follow multifamily a website where they were talking about maker stay, and what was so cool. It was like, oh, what's that? With a statement here and talked about just being a shared space in these multifamily and gas, of course, a course like gas where it was was right in my backyard on State Street in Chicago. But I just all I had to do issue to that. And I found it, but it was a very just just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oh oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there like local little downtown like that type of stuff to communicate to your rights events. Like, they wanna know that like, you may think, oh, you know, I don't know. Share that with that. You know, I don't know if you've read any of the articles about the even the fitness industry. Like, it's very trendy right now to go to small business places as opposed to the classical, Jim. Right people. They're paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional the traditional exercises. But then with a modern twist, and I think that's very interesting and also kind of indicative of where we're headed in the property management space to you have to be, hyper local, but then you also have to offer a service that's a cut above the others. If your property manager is to pay attention to that. But it also if you're a landlord, you need to know like you need to know that you're ranchers in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab old. And nobody know, then guess what happens you're not commanding the rent that you could and for a couple of hundred bucks. You could spruce. Maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that's as draws out more. New investors helped me understand house hacking to get started. What does house hacking even mean to you because there's a term that's always been going around, you know, at route it's one that I personally love 'cause I'm gonna I'm gonna proclaim that I'm not young. But I'm not going any further than that. And tell you that. I had back in the day. That was our very first house at my husband, every chose it really. Because of that. So it was a what they used to refer to it. I don't think it's referred to the city more as an in-law apartment. Like, yes, we can do this. It was badly. Made of the home itself was badly in need of work. But to define how hacking is it had additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is an a legal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was attacked. It was down the block from college, which is ideal. So she has her up for a separate entrance for the lower level. And she's got two bedrooms. She's able to. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are ready to get started. And maybe they themselves are still renters I it just such a great way to get out of that become the landlord get started with these different parts of the country. Sometimes it's referred to as a to a duplex or two flat or three flat and many times they're old. They're owned by older generations that, you know, maybe they're like, I know in Chicago areas is plenty of seniors in those buildings, and, you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you pay property, you know, so what's pathway, then for new investors to do on this to go on this path of house hacking, should I should I buy a duplex. Or like. You said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the right tech, tools, or do I not do any of that and start to just invested remotely say in single family rentals and just started buying as much as I can right now. Is there a specific pathway that you recommend one versus the other maybe wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, a whole way likely the way to go, and it might occur naturally because if you are doing what we talked about going out on the day. And you're looking around at how you may stumble across some of these let's say I'm gonna again referred to my reference points today said causal, maybe one of those two or three classes just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you can afford. But in the meantime, you'll be making some money through your search process, right? As so you'll be able to be putting away a little bit more a little bit more than if you could find somebody that will do the owner financing. I would suggest and she just said own living one went the other if he can afford to or if you cannot afford what sort if your lifestyle can work with unit. That's even. Vitamin and then. Well said and I love that path as well. You gotta start small build up get the experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure. Getting an invite to come on. I love to whatever we could.

Linda Chicago Reynolds national apartment association property manager Jim
"national apartment association" Discussed on BizTalk Radio

BizTalk Radio

08:58 min | 2 years ago

"national apartment association" Discussed on BizTalk Radio

"Laboratory from my landlord helper dot com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology and these components in the business of landlord and how we can be better with our tenants in home automation. And you're quite frankly, the clean of all of this. Where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that online. You got inside sources here. Linda. I like the example, I gave you earlier I tried to look up to what I've referring to as the big brothers. So those institutionalized multifamily space, so for instance, in our area on just outside of Chicago. There's an association called the Chicago land apartment association, and that's part of nationally what's called the national apartment association. And a so that's something that I've been a member of really since the year. I started the business and I follow their newsletters closely. They often are discussing new trend. You know, they have annual conventions conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So either. Even though you're a single family owner, and you may not have the same things you need to foul. What I'll call trends. You know? I just read something the other day. I think it was from multifamily a website where they were talking about maker stay has. And what was so cool. It was like, oh, what's that? With a maker stay here and talked about just being a sheriff thing is as Malta families and gas, of course, a course like gas where it was was right in my backyard on stage in Chicago. But I just all I had to do issue to bit. And I found it, but it was a very just just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you. You know, the small landlord like oh oftentimes spot in the basement. There's maybe there's a thing happening down in there. Like local little downtown like that. This type of stuff to communicate to your residents. Like, they wanna know that like, you may think oh, you know. I don't know how share that with that. You know? I don't know if you've read any of the articles about the even the fitness industry. Like, it's very trendy right now to go to small fitness places as opposed to that the classical Jim rights, right people. They're paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional you'd get the traditional exercises. But then with a modern twist, and I think that's very interesting also kind of indicative of where we're headed in the property management space to you have to be, hyper local. But then you also have to offer a service that's a cut above the others. If your property manager is to pay attention to that. But also, if you're a landlord you need to know, right? Like, you need to know that you're ranchers in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab. An old, and nobody know, then guess what happens. You're not commanding the rent that you could and for a couple of hundred bucks. You could spruce up maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that just draws out more. New investors helped me understand house hacking to get started. What does house hacking even mean to you because there's a term that's always been going around. You know? At route one that I personally love because I'm gonna I'm gonna proclaimed that I'm not young, but I'm not going any further and tell you. I house back in the day. That was very palace at my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to this anymore as an in-law apartment, and we're like, yes, we can do this. It was badly in native the homeless was badly in need of work. But to define how tacking is it had additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is illegal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was how packed it was down the block from college, which is ideal. So she has her up for a separate entrance for the lower level. And she's got two bedrooms. She's able to. Two. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters it just such a great way to get out of that become the landlord get started with these different parts of the country. Sometimes it's referred to as a to a duplex or two flat or three flat and many times they're old. They're owned by older generations that you know, maybe there's like Chicago area. There's plenty of seniors in most buildings, and you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you paid on property. You know, so what's it? Good pathway. Then for new investors to go on this to go on this path of house hacking, should I should I buy a duplex? Or like. Said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the right tech, tools, or do I not do any of that and start to just invested remotely say single family rentals and just start buying as much as I can right now. Is there a specific pathway that you recommend one versus the other maybe wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, a wholesome way might be the way to go, and it might occur naturally because if you are doing what we talked about going out on the Saturday, and you're looking around at houses there you make it. You stumble across some of these let's say I'm gonna again refer to my reference points today, Chicago, maybe one of those two or three classes just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you could afford. But in the meantime, you'll be making some money through your I'll say search process, right? As so you'll be able to be putting away a little bit more a little bit more than if he could find somebody that will do the owner financing. I would suggest as you just said own living one went the other if he can afford to or if you cannot afford what sort if your lifestyle can work with a smaller unit. That's even. Better. And then largely well said, and I love that path is well, you gotta start small buildup fit the experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure getting bicycle on. I love to share whatever we could the.

Chicago Linda national apartment association Reynolds property manager Malta Jim
"national apartment association" Discussed on BizTalk Radio

BizTalk Radio

08:53 min | 2 years ago

"national apartment association" Discussed on BizTalk Radio

"Com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters of doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology. These components and the business of landlord and how we can be better with our tenants and home automation. And you're quite frankly, the Queen of all of this where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that you got I need some inside sources here. Linda, I like the example, I gave you earlier I tried to look up to what I'm referring to as the big brothers. So those institutionalized multifamily space, so for instance, in our area on just outside of Chicago. There's an association called the Chicago land apartment association, and that's part of nationally what's called the national apartment association. And a so that's something that I've been a member of really since the year. I started the business and I follow their newsletters closely. They often are discussing new trends, you know, they have annual conventions. You know? Conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I wanna hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul. What I'll call is trend. You know, I just read something the other day. I think it was followed multifamily a website where they were talking about maker stay has. And what was so cool. It was like, oh, what's that? With St Paul and talked about just being a shared space in these families and gas, of course, a course like gas where it was was right in my backyard on State Street in Chicago. But I just all I had to issue to that. And I found it, but it was a very just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there like local little downtown like that. This type of stuff to communicate to your rights events. Like, they wanna know that like, you may think all you know, I don't know what share that with that. You know? I don't know if you've read any of the articles about the even the fitness industry since very trendy right now to go to small fitness places as opposed to the classical, Jim rights, right? He'll people out there paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional. You get the traditional exercises. But then with a modern twist, and I think that's very interesting and also kind of indicative of where we're headed in the property management space to you have to be, hyper local. But then you also have to offer a service that's a cut above the others. If your property manager, it's a pay attention to that. But it also if you're a landlord, you need to know like you need to know that you're wrenches in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab old. And nobody know, then guess what happens you're not commanding the rent that you could and for a couple of hundred bucks. You could spruce up maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that just draws out more new. Investors helped me understand house hacking to get started. What does house hacking even mean to you? Because there's a term that's always been going around, you know, at route one that I personally love 'cause I'm gonna I'm gonna proclaim that I'm not young. But I'm not going any further than that. And tell you. I have back in the day. That was our very first house with my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to this anymore as an in-law apartment and was like, yes, we can do this. It was badly made of the homeless Alba's badly in need of work. But to define how tacking is it had additional apartment a small apartment that could be rented out, and we did verify that and I would tell anybody listening. Make sure you verify that before you purchase it that it is legal, but it's an illegal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was house hacked. It was down the block from college, which is ideal. So she has her up for a separate entrance for the lower level. And she's got two bedroom. She's able to. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters I it just such a great way to get out of that become the landlord get started with these, you know, different parts of the country, sometimes it's referred to as a to a duplex or two flat or three flat and many times they're old. They're owned by older generations that you know, maybe there's like I know in this causal area. There's plenty of seniors in those buildings, and you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you. Paid on property. So what's it? Good pathway. Then for new investors to do on this to go on this path of house hacking, should I should I buy duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times. And then call it quits and get a property management company used the right tech, tools, or do I not do any of that? And start started just invested remotely say in single family rentals and just started buying as much as I can right now. Is there a specific pathway that you recommend one versus the other maybe wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, a whole might be the way to go, and it might occur naturally because if you are doing what we talked about going out on Saturday, and you're looking around at houses, you may stumble across some of these let's say I'm gonna again referred to my reference points today for causal, maybe one of those two or three classes just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you can afford. But in the meantime, you'll be making some money through your say search process, right? And so you'll be able to be putting away a little bit more a little bit more than if you could find somebody that will do the owner financing. I would suggest and she just said on, you know, living Juan went the other. He can afford to or if you cannot afford what sort if your lifestyle can work with unit. That's even better. And then largely. Well said, and I love that path is well, you gotta start small Bill not get the experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure getting invited to come on. I love to share whatever we could awesome..

Linda Chicago national apartment association Reynolds property manager St Paul Jim rights Juan Bill Alba
"national apartment association" Discussed on BizTalk Radio

BizTalk Radio

08:54 min | 2 years ago

"national apartment association" Discussed on BizTalk Radio

"Com is my guest we've been talking about tech. We've been talking about some of the tips that you need to navigate the waters. Doing it yourself as a landlord, Linda, there are a lot of sources of information out there. And there's so many things that are changing with regulations and laws with with rentals. And then, of course, the technology, and these components and the business of land lording, and how we can be better with our tenants and home automation. And you're quite frankly, the Queen of all of this where do you go to get your inside knowledge of what's happening? And some of the trends that we need to follow. I don't know if I could share that. You got I need some inside sources here. Linda. Yeah. I like the example, I gave you earlier I tried to look up to what I referring to as big brothers. So those institutionalized multifamily space, so for instance, in our area on just outside of Chicago. There's an association called the Chicago land apartment association, and that's part of nationally what's called the national apartment association. And a so that's something that I've been a member of really since the year. I started the business and I saw their newsletters closely. They often are discussing new trends, you know, they have annual conventions. It'll. Conferences, sorry conferences as well. As what some of the other ones. I just I guess I try to follow the trends of those. Because you see I'm one that like when I go to a conference not only do I want to hear what they're saying. I want to hear how I can apply different things in my world. Like, I try to drill down an idea. So even though you're a single family owner, and you may not have the same things you need to foul what I'll call trend. You know? I just read something the other day. I think it was from multifamily a website where they were talking about maker stay has. And what was so cool. It's like, oh, what's that with a maker station here and talked about just being a shared space in these Malpas families, and guests, of course, a course like gas where it was was right in my backyard onstage street in Chicago. But I just all I had to do is you to bit and I found it. But it was a very just just a general open space, but it had the three D printer. And I can't remember the name of the other machine. I remember though, like stamps out things. And apparently, this is trendy to have an open space for that type of thing. Open space for bicycles for storage. So I often tell you know, the small landlord like oftentimes there's a spot in the basement. There's maybe there's a thing happening down in there like local little downtown like that. Dyke type stuff to communicate to your rights events. Like, they wanna know that like, you may think oh, you know. I don't know how share that with that. You know? I don't know if you've read any of the articles about the even the fitness industry. Very twenty right now to go to small business places as opposed to the classical, Jim rights, right? So people they're paying unheard of premium prices to be in those classes, you know, for sure. So my my wife goes to she'll go to bar, and then they're all different types of like bar variations, and then you have I think orange theory like you said some of these really boutique shops where you get that traditional the traditional exercises. But then with a modern twist, and I think that it's very interesting and also kind of indicative of where we're headed in the property management state space to you have to be, hyper local, but then you also have to offer a service that's a cut above the others. If your property manager is to pay attention to that. But also, if you're a landlord you need to know, right? Like, you need to know that you are ranchers in your tenants have options. And if you are if your stuff isn't up to snuff, if you're furnishings aren't up to snuff, and they're just super drab and. Old. And nobody know, then guess what happens. You're not commanding the rent that you could and for a couple of hundred bucks. You could spruce up maybe your bedroom and invest in it a little bit to hit that higher yield. So kind of keep some of those ideas in mind, Linda, another question for you. The there are a lot of beginners in the Reynolds space, and as the as as you, and I know the real estate market has been hot for a while. And that's just draws out more. New investors helped me understand house hacking to get started. What does house hacking you've been mean to you? Because there's a term that's always been going around, you know, at route one that I personally love 'cause I'm gonna I'm gonna proclaim that I'm not young. But I'm not going any further than that. And tell you. I back in the day. That was our very first house at my husband every tells it really because of that. So it was a what they used to refer to it. I don't think it's referred to the study more as an in-law apartment, and like, yes, we can do this. It was badly native the homeless was badly in need of work. But to define how tacking is it had a additional apartment small apartment that could be rented out, and we did verify that would tell anybody listening. Make sure you verify that before you purchase it that it is legal that is it a legal rentable space, and that just helped us pay the mortgage. So I now my oldest daughter. She owns a home that actually was house hacked. It was down the block from a college, which is ideal. So she has her up for and a separate entrance for the lower level. And she's got two bedroom. She's able to. So it just means. And I think it's really important. I'm glad you brought that up because for those that are listening that are afraid to get started. And maybe they themselves are still renters I it just such a great way to get out of that become the landlord get started with these different parts of the country. Sometimes it's referred to as a to a duplex or two flat or three flat. And many times they're old. They're owned by older generations that, you know, maybe there's like I know in Chicago area, there's plenty of seniors in those buildings, and, you know, they'd be happy to, you know, do some door knocking Saturday, and there to see who might be willing to turn over that property, and sometimes I'll even hold the mortgage for you. Property. You know, what a good pathway, then for new investors to go on this to go on this path of house hacking, should I should I buy a duplex? Or like, you said a two flat live in one rent the other side, and then do that a couple more times, and then call it quits and get a property management company used the right tech, tools, or do I not do any of that and start to just invested remotely say in single family rentals and just start buying as much as I can right now is there specific pathway that you recommend one versus the other maybe wholesale then by rentals maybe start wholesaling than flipping a little bit. Then by Reynolds, what are your thoughts? Well, a whole life as a way to go, and it might occur naturally because if you are doing what we talked about going out on Saturday. And you're looking around at houses, you may. You stumble across some of these let's say I'm gonna again refer to my reference points today for causal, maybe one of those two or three classes just beyond your range. But you know, it's a good deal. So that's a perfect opportunity to wholesale. Now, you've got some money in your pocket. And maybe it'll it will happen naturally that one of them is going to be the one you could afford. But in the meantime, you'll be making some money through your I'll say search process, right? As so you'll be able to be putting away a little bit more a little bit more than if you could find somebody that will do the owner financing. I would suggest as you just said on, you know, living Juan went the other he can afford to or if you cannot afford what sort if your lifestyle can work with a smaller unit. That's even better. And largely. Well said and I love that path as well. You gotta start small buildup fifty experience. So that you can win Linda thank you so much for being my guest today. It's always a pleasure speaking with you. Well, thank you. I really it's always a pleasure fitting bicycle on. I love to share whatever we.

Linda Chicago Reynolds national apartment association property manager Malpas Jim rights Juan
"national apartment association" Discussed on WDTK The Patriot

WDTK The Patriot

09:13 min | 2 years ago

"national apartment association" Discussed on WDTK The Patriot

"Is it a winner? Or is it a loser? No, not as it. Okay. Maybe making it will maybe work long term. Short-term sideways left up down. What is what is going on with your financial situation? And the point I want to make today, it has many different ways. I possibly can is that he's already known. I can look at your financial situation. I can tell you continue to do it the way you do it. You're gonna fail or you're going to succeed. It very obvious. Because I've had a winning game plan since I was thirty years old. It every year since then. I've made more money than the year. Previous I continue to live on less than one. I take in the rest of it and continue to grow my passive streams of income. So the point is might systems work has it worked for other people. Yeah. Let's take a look at it over the last twelve years, we've had twelve national champions for the national apartment association real estate investor of the year for twelve years in a row now, we've one local parv associations awards by five ten fifteen of them in one year each year. Stayed wards to three five year every year. And national wards between one and three. We actually had three national winners last year won for small properties went for large properties. One for all properties. So you see? The program works. Continues to work. A winning game plan. But there are losing game plans out there that people feel just as strongly about. And we continue to look at those game plans and ask ourselves it didn't work last year. Will it work this year? Maybe this year it will start to work. And those you out there, you know, don't get this. But. I have a very hard time working around the issue that I don't believe the Dave Ramsey gives people the right advice. I'm sure he gets what he believes to be the best advice. I'm sure that he believes he's saying the right thing. But it's a system that has failed. It's a failed system to start with. It's you start with the concept of what we wanna do is get out of debt. I wanna get you back to zero. That's your goal. You're one hundred thousand dollars in debt. Let's get you back to zero. Let's not turn it around to where you make one hundred thousand dollars a year. And then that debt would just instantly. Go away would just miraculously go away 'cause you'd be making a hundred thousand dollars a year more. He isn't worried about that. Right. Yet. One of his guys wrote an article, I get this stuff all the time. These emails from people talking about. Hey Dell I used to be a Dave Ramsey guy. Until I found your material. I still get his stuff here. Look at this. Here's a crazy article about passive streams of income written by what Dave Ramsey's guys. I don't remember his name. Some African American gentlemen. I can't remember his name is supposedly financial coup. Okay. I don't know. But yesterday. Was it culminating of this bogus? This all came to me yesterday. Clearly. What I had to talk about today. And that is. Do you have a winning game plan or losing game plan? Now, I was here watching the Texans. Play the patriots. And everybody was saying, you know, patriots are the greatest football team ever, Bill Belichick greatest coach. And Tom Brady's greatest quarterback. But everybody was saying, but maybe maybe maybe because we have to shine watching. Right. We have JJ watt. Davie and cloudy mercilus. All these guys back. We're playing last year. Just maybe this year. We could be. Patriots. You look at the history. Interesting. The patriots beaten detections nine times in a row until yesterday when they beat them the tenth time in a row. So let's say we're excited about getting back are four best players. It doesn't matter because even with our four best players. We have a losing game plan. A losing coach a losing system and a losing owner. The game plan slog guys. I looked it up just to show you how flawed it really is. Because you can't understand this. If you go to the national association, there's forty four thousand independent owners that are listed there. Any one of those forty four thousand could win the award each year for best investor of the year. We want it twelve years in a row. One of our members is one of twelve years in a row. Remember, by the way, different members. So how do we take people who've never done real estate before in your life and make them better than everybody else out there in the country? Following a better plan. Dave Ramsey on the other hand and Dave Ramsey has of people, but listen to him and thousands of people who've listened to him have got out of debt. They have gotten back to zero. Again, their way better off than what they were before they took on days planned, but the plan ends in failure. It does it end in success. And even though the Texans got twenty points. And he only lost by one touchdown. The plan still lead to failure. Even if they're ten times better than they were last year there still could end fairly. Let's go to the statistics for the patriots have been in nine Super Bowls. One five of them. Nigel won five of them. Bella check. He's been seven Super Bowls. And one. Four of them. Brady has been five Super Bowls. I'm sorry. Brady's been seven Super Bowls. I said that wrong bell check has done at ten Super Bowls. He's won seven and lost. Three. Brady's bit seven. He's won five and lost to. But first of all who's even Ben in seven Super Bowls who's been intensive Ables like, Jack. He's been a Super Bowl to two different teams. Then I looked up the Texans. Slash Super Bowl. I swear to gosh. You gotta go to the internet. And look that up just define this to see real because you won't believe it when I tell you what was written on the internet about Texans slash Super Bowl. It said Houston Texans have not yet been to a Super Bowl. Athletics said. But wait, there's always next year. Is that your plan you have never ever gotten rich? But wait, there's always next year. You've never retired. But wait, there's always next year. You're not getting closer even. Houston Texans three years ago four years ago, we're nine and seven following year nine and seven last year. What was it two and thirteen three three and twelve three to thirteen sixteen games? Three and thirteen. Come on guys. They're not only not getting better. They're getting worse. People were outpacing them. In growth. So when I look around I look at finances, I sit there and think to myself Dell why is it you don't get excited about finances anymore? You don't want to go out and bust your hump to get ahead because I'm more ahead than ever need to be. I've got one hundred years worth of income. I don't need to worry about it. That's why the patriots don't worry about. If they lose any good guys. Don't lose any good guys have any draft choices. They haven't even had we have toys in four years first round draft choice, and they don't need them. Because the system is that good. Is your system winning or losing? That's what we need to talk about today. We'll be right back with the Dell EMC radio show..

patriots Dave Ramsey Tom Brady Houston Texans Dell national apartment association JJ watt Bill Belichick Athletics national association Davie Nigel Bella football Ben Ables Jack
"national apartment association" Discussed on AM 1590 WCGO

AM 1590 WCGO

09:12 min | 2 years ago

"national apartment association" Discussed on AM 1590 WCGO

"Or is it a loser? No, not as it. Okay. Maybe making it will maybe work. Term. Short-term sideways left down. What is what is going on with your financial situation today in as many different ways? I possibly can is that he's already known. I can look at your financial situation. I can tell you continue to do the way you do it. You're gonna fail or you're going to succeed. It's very obvious. Because I've had a winning game plan since I was thirty years old. Every year since then. I've made more money than the your previous continue to live on less than one. I take in in the rest of it continuing to grow passive streams of income. So the point is might systems work hasn't worked for other people. Look at. Twelve years, we've had twelve national champions. When the national apartment association real estate investor the year for twelve years in a row now, we've one local parv associations awards by by ten fifteen of them in one year each year. Stayed wards two three five year. And national wards between one and three. We actually had three national winners last year one for small properties went for large property all property. So you sleep. Program works. It continues to work. A winning game plan. But there are losing game plans out there, the people feel just as strongly about. And we continue to look at those game plans and ask ourselves it didn't work last year. Will it work this year? Maybe this year. Will start to work. Those you out there don't get this. But. I have a very hard time working around the issue that I don't believe the Dave Ramsey tubes. People variety buys. I'm sure he gives what he believed to be the best advice. I'm sure that he believes he's saying the right thing. But it's a system that he's failed. It's a big old system to start with. It's you start with the concept of what we wanna do is get out of debt. I wanna get you back to zero. That's your goal. You're a hundred thousand dollars in debt. Let's get you back to zero. Let's not turn it around where you make one hundred thousand dollars a year. And then that debt would just instantly go away just miraculously go away 'cause you'd be making a hundred thousand dollars a year more. He isn't worried about that. Yet. One of his guys in an article. I get this stuff all the time. These emails from people talking about. Hey del daybreak guy until I found your material. I still get his stop here. Look at this. Here's a crazy article about passive streams of income written by Ramsey's guys. I remember his game from African American gentleman. I can't remember what we. Why didn't you? But yesterday. The combination of this focus all came to me yesterday. Clearly, but what I had to talk about today. Daddy is. Do you have a winning game plan or losing game plan? I was here watching the Texans. Way. The patriots. And everybody was saying, you know, patriots are the greatest football team ever. You'll Belgium actually greatest coach Tom Brady's greatest quarterback. But everybody was saying. But maybe maybe maybe because we have to shine watching. We have JJ watt. Debut and cloudy. Mercilus. All these guys back work playing last year. Maybe this year. We could be. You look at the history rather interesting the patriots and beaten Texans nine times in a row until yesterday when they beat them the tenth time in a row. So let's say we were excited about getting back are four best players. It doesn't matter because even with our four best players. We have a losing game plan a losing coach a losing system and a losing owner. The game plans guys. I looked it up just to show you how what it really is. Because you can't understand this. Go to the national association. Forty four thousand independent owners that are listed there. Anyone who was forty four thousand could win the award each year for best investor of the year. We want it twelve years in a row. One of our members to twelve years in a row. Never the same member, by the way, different members. So how do we take people who've never done real estate before new life and make them better than everybody else out there in the country? Following a better plan. Now, you take Dave Ramsey on the other hand. Dave Ramsey has of people. But listen to people who've listened to him have got out of debt. You have gotten back does hero. Again, their way better off than what they were before they took on as planned, but the plan ends and failure. It doesn't end in success. And even though the Texans got twenty points. And he only lost by one touchdown. The plan still lead to failure. Even if they're ten times better than they were last year. They're still gonna end fairly. Let's go to the statistics of the patriots been in nine Super Bowls. One of them. Ninety one bible. Bella check. He's been in seven Super Bowl. In one. Four of them. Brady has been five Super Bowl. I'm sorry Brady been seven Super Bowls. I said that wrong Bill has been at ten Super Bowls. He's won seven wash. Three Brady's in seven. He's won by the loss to. But first of all been betting seven Super Bowl who's been intensive Belgian. He'd been Super Bowl to two different teams. Then I looked up the Texans. Slash Super Bowl. I swear to gosh, you've got to go to the internet. And look that up just define this to see it real. 'cause you won't believe it when I tell you what was written on the internet about Texans slash Super Bowl. It said Houston Texans have not yet been to a Super Bowl. And then after that it said. But wait, there's always next year. Is that your plan you have never ever gotten rich? But wait, there's always next year. You've never retired. But wait, there's always next year. You're not getting closer even. Houston Texans three years ago four years ago, we're nine in seven nine seven last year. What was it to thirteen three three and twelve three to thirteen sixteen games? Three and thirteen. Come on guys. They're not only not getting better. They're getting worse. People were outpacing them. In growth. So when I look around the finances, I sit there and think to myself Dell why is it you don't get excited about finding more? You don't want to go out and bust you hope to get ahead because I'm Moorhead than ever need to be. I've got one hundred years where the income. I don't need to worry about it. That's why the patriots don't worry about. If they lose any good guys. Don't lose any good guys have any draft choices. They haven't even had we toys in four years, I wound draft choices, and they don't need them. Because the system is that good. Your system winning or losing. That's what we need to talk about today. We'll be right back with the radio show..

patriots Dave Ramsey Tom Brady Houston Texans national apartment association JJ watt Moorhead Dell national association Belgium football Bella Bill twelve years hundred thousand dollars four years one hundred thousand dollars
"national apartment association" Discussed on BizTalk Radio

BizTalk Radio

08:06 min | 2 years ago

"national apartment association" Discussed on BizTalk Radio

"I can, teach you that today's today's on teaching? Up to go out and make money in real estate I can talk about it. Can answer questions, about it but it doesn't do you any good you can have all these thousand guys that are teaching. Roles day programs out there Thousand guys out there that, do radio shows they're all over the place. But what I'm trying to do in my life since I've been lucky, enough to become massively successful. Is to give back what really makes the difference and. The difference is not knowing how to do real estate yes we know. How to do real estate in. It lifestyles we do it better than anybody else how do we know that for the last eleven years. We won not only local and state contests we won, the national apartment association real estate investor? Of the year award eleven years in a row now we won multiple awards everywhere Tons of them nobody else. Can prove that kind of track record. It's not out there so it's known quantity we've got, more members than any other membership group that's. A known quantity we've been in business longer than everybody else without going, out of business and having. Somebody tried to take us out That's a known quantity but all those known quantities. Don't get you here to do something about your life if you. Don't realize the EU are sitting there living this. Life of quiet desperation. And there's different degrees. Don't get me wrong some of you are leaving. Just a little bit. Of desperation some of you just really almost ready to shoot yourself that's that much desperation and there's everything in between But what. I want to talk about now is that. I talked about there's three ways to live your life either dependent which is total desperation or, independent totally free you make the decisions in your life no one else makes the. Decisions you make the decisions other people make decisions around you yeah they control the, laws and they control, the rules they control. The economics of the country but they don't control you can. Just be like fluid your liquid they can throw rocks. You in the water just goes around the rocks It back if water rolls over rocks long enough rocked giveaway Water always wins And you have that fluid entity in your life that you can do whatever you. Want to do so if somebody, moves your cheese as, the book says who moved my cheese is somebody changed the. Rules on you you can. Change and friends they have. Changed the rules I knew financially we talk about that. All the time they. Moved your cheese let me give an example the two thousand. Or nineteen seventy if you would have, retired a millionaire and that would be hard to do in nineteen seventy because money was worth more than than. It is now but let's say you had. That million dollars you could buy CDs. At fifteen percent And you could earn one hundred and fifty thousand bucks a year which back. Then would be a lot of money but. Today if you say that million dollars You, can earn a half a percent Maybe one percent at the most which means you're paying less than a, half percentage about a, third of, percents the average. Savings account let's say half a. Percent that's five thousand bucks a year Can you live on five dollars year let's say, you double that and, you get, a one percent. Return that's ten thousand a year That's. Nowhere near that hundred and fifty thousand a year. And that's, forty fifty years ago that. It was one hundred and fifty thousand? Today that money probably doesn't mean anywhere near as much so yes. They moved your cheese guys But. They threw, a rock in your way You can go around that, rock but first before you can do that you. Have to make the decision to be free you have. To take back your life from corporate America you. Have to buy it back from corporate America you. Have to buy back, from everybody else's control the manipulating it now I used to have. This deal when I dated. Women now I've been with Melissa now for, eleven years and so there's no dating in my future anymore but I actually did this with Melissa and every time I'd. Meet a girl I say let's talk, about the five things in life that you can. Prioritize apricots down had this conversation with them I could tell you exactly who they were what they were. Going to do and how the relationship, was gonna come out because you. Can tell what motivations people, have you can tell. What they're gonna do. Especially you can tell what they're. Gonna fail at that's an important factor because people's failures are what stopped it from getting every self help guru out there every single one I've ever. Met says failure is the way to succeed if you're not failing. Enough you're not succeeding enough. You're not failing enough I don't. Believe that at all I don't consider, the fact that I went out there to become. A bodybuilder and I was a second place the first. Time in the first place the second time I. Don't get to the first time a failure I. Consider that a result And the result was closer and closer and closer to where I wanna. Beat that's not failure failures type a, personality shows mud on the wall. That doesn't work and that, doesn't work and that. Doesn't work and that. Does work and that's what type. As do most self help people are type as they want to tell you just throw a bunch of stuff on the wall and maybe one of. Them will stick in what sticks that's a type a personality telling. You how to be successful Now that's not the way most conservative intellectually based people become successful we intellectually based conservative people this, world we make moves we take actions we reevaluate the. Effectiveness of that action and adjust our actions that's not failure These failures wanna tell you which. Failure I failed a thousand times and, then I got lucky and made one. Work that is not success folks that is failure upon failure upon failure and what happens is eventually they pay one into something. That, works they make a little bit of money but most people. Can't keep the money you. End up, seeing them getting, trouble with lawsuits. And family relationships and business problems because they don't have a foundation for life So. When I meet people ask them these five questions I can figure out who they are and how they're going to fail and it's not five questions I'm sorry what is priority prioritize. These five items in your life and what religion one of his. Country state city we'll call it civics, how do you feel about your civic. Responsibilities the next one is family responsibilities in next one is financial responsibilities and the next one is help fitness happiness and fun In, other words yourself Now I look at people and I say those people are gonna. Fail I can tell you which way they're gonna. Fail let's take a person who believes family's the most important thing When I came out. Of the slums family was the only thing they didn't believe in. The civic opportunities because they didn't believe the government. Was on their side they thought the cops were against them They didn't have any money so they. Didn't feel money was, important most. Of them were obese and out of, shape I mean tragically obese out of shape fitness and being healthy and good-looking had nothing to do with their lives at. All they all looked terrible felt terrible So family was all. They had so how. Did they fail they would go out into. The world and they couldn't get. Along with society they had no civic, responsibility they might even be big with God. And they would ask God. To continually get them out of the. Problems are in God please take this away I. Got all, these problems help me God God, was like a Bank account they'd go to him for deposit withdrawals keep withdrawing. And withdrawing withdrawing God's, gonna save But the Bank account runs out Short break right back.

national apartment association America Melissa eleven years million dollars one percent forty fifty years fifteen percent five dollars
"national apartment association" Discussed on C-SPAN Radio

C-SPAN Radio

03:31 min | 2 years ago

"national apartment association" Discussed on C-SPAN Radio

"Morning on c span radio do you think there's any room for compromise in the lawsuit that huntington beach and others are bringing against california with the values act what sort of compromise do you think you'd see there situation here like one of the things that fell i gave apart in two guys working hardee's he was given custody of his kids raise five kids when they called me they were crying on the phone so yes i gave him a pardon on easter that's what the christian executives have done for thousands of years and i don't make any apologies so i think we have to get off this kind of demonization whether it be of immigrants are republicans or anybody else america is getting ripped apart and our communities are being ripped apart and it's not good when a very dangerous world and it's time for more unity and less mindless division we had a question here from morning governor paul berge around from the national apartment association curious your thoughts on the cost of hawkins bill and rent control in general in california what might play out on that he's a measure that may be on the ballot so i'm not gonna come out there and normally don't come comment on bills that are not on my desk that particular bill is highly controversial i worked very closely with the apartment owners so i think at this point silence is the better course governor just to limit the number of issues that i pin myself too look if you don't mind going back immigration just for a second dan to sheriff from cq rollcall i had a question about the u blamed congressional republicans for not getting to a deal on immigration say deal comprehensive reform deal with eleven million people right doc is one thing yes let's see what's the big problem they're here they're working why scare the hell out him is that good does that promote public safety to traumatize parents and their children that's all i it's all points going this whole political process is sick it's destructive and america's facing highly competitive adversaries and we'd better wake up and start stop fighting each other as much and find out what are the common values and pathways we can join together around as governor of california you have lots of dreamers in your state you also have lots of folks who benefit from the.

huntington beach california hardee national apartment association america paul berge