8 Burst results for "Noah Christopher"

"noah christopher" Discussed on Ridiculous History

Ridiculous History

13:17 min | 1 year ago

"noah christopher" Discussed on Ridiculous History

"Podcasts. So let's reset just a second here because it occurs to me that we may be well on the way to making something that sounds like a hit piece on George Washington because he's a whiskey tycoon. He's a freemason. He's a slave owner. He's a slave owner. Yeah. We can't forget that part. A but it wasn't. It wasn't all complicated. Weird problematic stuff. He he had some other notable wins. And I don't think being a whiskey tycoon is that bad. I have nothing wrong with that. I sleep labor. I think that while there's me, and it's one of those things where it's I can't even fall behind the whole. It was just that everyone was doing it was the different time. I mean, the thing is he also was a pretty forward thinking individual in so many ways. In fact, he was so influential in creating the structure that is very much still a part of our military today that he was posthumously given this title the. General of the armies of the United States that is forever on out rankle total total God mode. You know unions. Let's say they create seven star generals eight star generals nine star generals in the next couple of years. Those still will be underneath Washington kind of similar in some ways to the attornal president of the DPRK kim-il-sung, but we didn't call maternal president. We just called him general of everything. Yeah. And I think it's important remember about Washington that and most of the the men back, then this was the first time they were doing he was setting the precedent for the president to presidential precedent. Exactly. And so, yeah, he the way he acted the choices. He made the statements. He put forth, they set the stage for what we have what we've had over the past several hundred years leading up to today, and it's important to keep in mind. Anyone who's given that sort of thirty carries weight, they embody what a country is moving forward. And then actually. Played into some of the misconceptions about Washington because his biographers said, we we don't need just a man we need a myth. So we're going to invent this whole thing about the cherry tree. We're gonna make up some stories to make him larger than life his augur for Weems. What was Eames? Yeah. Biographers slash mythology is right? Absolutely. And just blatantly like made it up not not fudged at a little bit. Some of the stuff was made up to make him larger than life. Oh, absolutely. I mean, and I honestly very very frequently confused the myth of the cherry tree with Abe Lincoln because everyone called him honest, Abe. So I I sometimes conflict those stories because he also was very larger than life figure who grew up poor and kind of more of a rural setting and he's also a similar to Washington. He has a real underdog story because Lincoln ran unsuccessfully for office. That's right. Multiple times. You know? So people love to see some perseverance. Oh, man. We're I think we're. Doing pretty well here. So far, we've got we're we're drawing Truman drawing Lincoln. Well, remember earlier Christopher when you're talking about how the United States is sort of a. Agglomeration of half baked ideas. I remember that. I look forward to the emails speaking of half baked ideas, Washington smoked a lot of weed. No. That's not true. But he grew a lot of hemp. That is true. That part is true. I was waiting for that I needed to do that callback. I had to do. Thank you for supply me with. Hemp was one of his main cash crops well before he got into the whiskey trade on mount Vernon. He grew copious amounts of hemp, which is marijuana. But it is a slightly different strain of marijuana doesn't contain the psychoactive substance THC, or it's very very very low tetrahydrocannabinol and it was used historically for making ropes. It was a fantastic fiber use the stem had these they grew it. So it would have these along gated strands these fibers in the stems as opposed to the plants that were grown to smoke or you would think of the ones that are grown today to smoke are much shorter less hardy plants, they look a little more like little bushes. But he grew fields of this stuff in an area on mount Vernon that he called the muddy hole the muddy hole muddy hole, and it was because it was a. Very sought after substance because it was used to make the even referred to ropes in those days as temps. They call them like sailing hemp like for what would all the riggings and various types of vessels. And he would have continued to grow it if he hadn't have done some kind of shrewd calculations and realize that actually wheat was probably a more profitable crop to use his land for but. Yeah, he grew it for quite some time. And as it turns out in the very same way. That mount Vernon is now back to distilling whisky Nashville Nashville. They're also now growing hemp. Yes. If two thousand eighteen right, right? They harvested their first hemp crop in centuries of leave. And the interesting thing is is that hamp even though it doesn't contain very high levels of of the psychoactive substance at all were outlawed and made a schedule one drug right alongside. The more, you know, trippy counterparts so growing hemp was outlawed. But it's not the same thing. Right. I mean, they're these plants were cousins they're related, but that's like if you had prohibition of alcohol, and all of a sudden, you couldn't serve cough syrup at a drugstore right because just because it has a little bit of alcohol in it on the same thing. Like people are overreacting and bunching things together, very very, very similar. But if you look at a field of ham, it looks like a field of marijuana plant. Okay. I mean, they're very very similar. And in fact, what I was what I was getting to is in two thousand fourteen. There was a farm Bill that passed that allowed research for growing hemp and some states have legalized essentially limited hemp farming and another Bill that passed in the Senate in twenty eighteen was going to allow for full legalisation. I don't know if that one has gone three yet or not I'll have to do a little more follow up on that. But the point is you can get there's another substance compound. That's in. Marijuana and hemp it's called CBD, which you may have read a lot of research about people use it for anxiety. It can treat a lot of different ailments and just kind of become a very popular kind of remedy that people are using and it is legal in states where marijuana is not legal because you can get it from hemp. It's pretty interesting. But yeah, now, there's no evidence. A lot of other founding fathers grew have to like, John Adams and Thomas Jefferson, but there is no evidence showing any of them ever tried to to smoke a useful crop. And it's a it might be a disappointment to your Stoner buddy out there who's saying, oh, Washington, and the founding fathers had ham we need to legalize everything is not quite the same thing. But it does argue for nuance. It argues for understanding the uses of plants and that that anyone plant or one species can have different applications. Well, said also just the softest Stoorikhel note, there don't believe any form of. Cannabis was actually scheduled one until the nineteen seventies. Right. So it was relatively recent. Right. Yeah. I mean, we are definitely in a sea change of legalization sweeping the nation. Right now is pretty fascinating time to be around with so many of these changes coming so quickly. There's actually a pretty great great quote in this article for this Massoni, and that talks about the first hemp crop being harvested amount. Vernon recently from this fellow by the name of John Husak who says I think where we're at right now is a situation in which finally a lot of members of congress. If finally stopped buying drug war era rhetoric stop thinking about the cannabis plant in a very uniform way. So very much supports your point Christopher and fascinating for all of our listeners outside of the US, m my friends who live in different countries. I it's it's a weird process to explain to them that you can be arrested for one thing and one St. and it's completely fide in another and you can hobble flight for a few hours. In being a place where you're in the same country, but the laws completely different. And I kind of have a feeling that old George Washington might have had issues with prohibition of any kind. You know, being that he liked his whiskey and he liked his hamp. And, you know, seem like a, you know, civil liberties kind of fellow, you know, I don't know. I wonder what he would have to say as long as it applied, the white landowners. Well, okay, that's fair. It was a different time. Yeah. And there there is historical record of of Washington complaining about soldiers who were drunkards who consume too much over-indulged. And that's been argued by some that Washington was a little more uptight than you might be led to believe. But to me in reading what he actually said and wrote it looks more like he was against the overindulgence not the actual substance itself. He didn't assign a moral value to alcohol or to whatever might have been smell. You know, what L T wasn't van Jellicoe, the was actually very religious, very moral man and had a real code that he lived by. But he was not a strict adherent to any form of religion that has been made clear in the record which he had a he had these sorts of beliefs placing rational morality over. Spiritually motivated morality in common with some other founding fathers like Jefferson and his famous Jefferson bible where he relief. He removes everything that he thought was remotely supernatural, which is a story for another day. Okay. So we we've painted a pretty in depth picture right now and just to just to recap. We've got a a whiskey tycoon who is also a freemason who is also a hemp former hepatic Coon is that fair. It seems like he was testing in a little bit more. And then he kind of like switched over to grain. But I don't know he definitely made the money, and it turns out to that. The it became very profitable export because the Brits really relied on it. They were actually growing a lot when the colonies were still under British control, and they relied on that from them. So when they split they turned it into much more of a business like exchange hanging. Guys, hang on. Casey. Could we get a like a game show outta time? Sound effect? Perfect. What's going on? Will it turns out Christopher that? We have made a game time decision. We are running Lou on times we want to give this topic. The Justice it deserves which means that we are in for spontaneous two parter. What do you guys say? Oh my gosh. I love it. When you actually decide it's going to be a two parter in real time as opposed to post mortem waiting. Ben what's going on? It sounds like you've just got to get out of here. You don't want to hang out with us for another couple of hours and talk about George Washington. I do I do in through the magic of editing will do that in a Lear episode. Okay. Okay. Okay. Because as we know in the podcast real time is but an allusion a flat circle. Indeed. We've actually been here in the studio for about twelve hours knocking about George Washington. Always been here. We are check in time you like, but you could never leave. We're kidding. This will Mark the end of part one of our George Washington and Washington state episode, technically bu-. But this will not Mark the end of the show, please tune in for our next episode when we explore even more strange obscure facts about the first president of the United States. In the meantime, you can say Hello to Casey Noah, Christopher myself on Instagram. You can find us on Facebook. You can find us on Twitter hit us up with your favorite strange historical facts. And if you wanna hang out with our favorite part of the show, your fellow listeners. Visit us in our community page ridiculous historians on Facebook. You want a little tiny peek into our relatively run of the mill lies. But you know, we do some cool things every now, and then you can check me out at embryonic inside on Instagram. And I am at Ben Bullen on Instagram. A one hundred percent Molik free of photo contents far. It's good to know until the next episode comes out. I'm just going to be sitting here. Pulling dollar bills out of my wallet. Very very few dollar bills now to moneybags just staring. George staring at George wanting to talk about him with you guys again soon. I can't do you have any plugs you like to plug. I do have. Plugs. If you wanna find me on Instagram, I'm at hacienda HA, SSI OT, and we all on the ridiculous Facebook page. We'll be there to in the meantime, we would like to thank of course, our super producer Casey peg we would like to thank Alex Williams who composed are track. We like to think our pal Gabe who helped us out with research. And of course, you'd like to Christopher yoda's are incredible guests and lifelong pal don't think you Casey, thanks. And if one of you guys would think what does over here for me. I'd appreciate it. We'll see next. Most

George Washington Christopher yoda Washington United States marijuana Facebook president Abe Lincoln mount Vernon Ben Bullen Casey Thomas Jefferson cough Cannabis Senate DPRK Eames Weems
"noah christopher" Discussed on Biz Talk Radio

Biz Talk Radio

09:07 min | 2 years ago

"noah christopher" Discussed on Biz Talk Radio

"Development at think, I'm sorry. I was going to say think realty radio. I don't know why I was about to say that that's kind of crazy that renters warehouse. I've falls is about that. Man. I feel like sometimes I just I get into this groove. And I feel good about it. And I think we'll see radio natural to me. Thank you. You're part of the cruelty family anyway. So how about that? So before the break, we kind of left everybody on a cliffhanger. We have a lot of things coming up in the market. Everybody's starting to get a little worried about home price appreciation, and home values and all the stuff. So how do we be careful? How do we build a portfolio, but still, you know, air on the side of caution when looking at acquisition price points at cetera. Should we still pay premiums? Should we be buying at a discount? What do you think? Well, I think that if you stay true to your investment strategy. Meaning, you know, you'd need to buy properties that that have a certain return based off of let's say, you're financing, for example. Now, understanding what your finance is going to be understanding. They kind of return that you need to hit the kind of cash flow you need for reserves. And and whatever else you might you might need if you stay true to that. And not worry about as much worry about some of the market factors. As far as the noise that's out there with talking about the market ticket downturn. We haven't seen conditions like this since two thousand and six that may be true in some sub markets. But. You know, when you're owning or rental when you buy so you're looking at it for the long term, if you're looking at something that you're going to want to sell it a year or two I don't know if this is the right time to be buying something that you think you're gonna flip for a huge profit in the next two or three years. But if you're buying for a long-term, mental what the market does short term fluctuations really doesn't matter as long as your rent is saying solid and consistent. And even if appreciation dips down one or two years, if you're if you're owning property for five ten fifteen twenty years, it's going to pick up on that average. When did you percent per year and appreciation of one to two percent with some ups some downs. Gotcha. So overall, the strategy needs to be kind of like a kind of like an evergreen strategy. Right. Like, I always need to be buying a discount. I always need to make sure that I have my eyes wide open. Otherwise, it's going to be a challenge through through. And I'm going to be buying weird. Not good prices, especially buying into the hype. Is that something that you're seeing right now in some of the local markets that you serve. Yeah. We just see, you know, you see all kinds of things. I mean, you see some some issues in markets where there's over saturation other investors buying rentals. So that's a concern not only on value. But on on your recipe if you're counting on that. So you need to understand that local market you've seen some people buying into the, you know, the fear of downturn. And they're thinking they want to sell the property immediately. And we always asked to wide. Do you think this? Why do you have to sell it? Now, why can't you hold onto it through the next few years? And if there's any kind of slow down the market, that's okay. Because you're so earning, you know, you're building equity into that in that asset all the time. So I would be careful and buy into the hype. And you know, it it's different. If you're looking for a home to buy to live in I mean, that's a whole different scenario. And you're you're looking at different factors, but it's not different sometimes because you should be buying a home. If you're gonna buy one hundred live it should be for a long term investment. And I think that we're there's risk. Right now in the markets are those who are buying homes to rehab and resell. There can be a lot of risks. They're specially with all the news. And and and the noise that's going on where you're where some investors are getting a little bit scared of some home home buyers, home sellers are staying on the sidelines all kinds of different things. So need to understand what your what your strategy is. But if it's a whole strategy and kill works today. It's gonna continue to work as long as you own it under the terms that you bought it today. And whenever we look at a a solid and sound investment strategy. Always needs to be long-term talk about the difference between a short term investment strategy and a long term investment strategy. Well, you know, I was gonna call today with the group that are buying their aggregating single family rentals and trying to find those needles in the haystack. It's pretty steep discount, and then selling them to investors whether it's selling into people like our our our owners or selling it to other investors that are long-term hold private equity. Investors are things like that. So those are the short term guys that are doing those flaps or they're buying in rehabbing and selling it to homeowner. Those are the short term investment strategy that I really talk about if you're buying a what I call a retail rental, ready, ready rental. You're usually going to be paying close to market value shouldn't be paying above market value. If anybody selling you try to sell you something that is saying, well, this is your buying this at a premium because look at all the work we did. But the appreciation is going to catch up very bad idea. You know, be buying at or below the. Market value. But typically if you're buying rent ready. Single family rental, you're probably buying it at market value to get somebody somebody's done a lot of work to get get you that finished product. And that's okay to buy their songs. The numbers work as long as the return is where you want it to be if you wanna really pushed that return up you can buy a property that is needs to be rehabbed, and you manage that rehab and have somebody, you know, or have somebody manager for you and get rehab get it tinted, and then read it out, and you might save some money or might save some ROI. But then sometimes you don't because you may not be efficient at the guy who can turn those properties out quickly. How important that was a whole lot right there, by the way. Yeah. I was going to say we probably need two hours. Just to talk about this. So what type of individuals? Do we need on our team to be successful building and growing a portfolio in spite of any type of market correction. That's coming. Well, I think that having a good trusted resource that is involved on the front end. So I look at it this way a lot of people break up. They say, okay. Well, I'm going to buy this house. I'm going to find somebody that may I'm going to buy this house. I'm gonna find a tenant where I'm going to buy this house and rehab, and I'm gonna find a property manager. They're gonna put a ten, and then they're going to manage it, you need some coordination with all of that. Because a lot of people come to us and say, hey, here's a here's a ready home. And here are the numbers, you know, and you guys are going to manage it. We look at it and go, well, wait a second. I I don't know where how they come up with that written number prove that written number to me. Prove that you how confident you are the properties is gonna rip for sixteen hundred because when we look at it out of all the wealth of data. We have it looks like it's going to rent for fourteen hundred, but you're gonna have a really solid tenant in there that will say say for two or three years, and so if you don't have that coordination on the back end sometimes you can get yourself in trouble. And we see it a lot where people come to us and say, yeah. But they said it would rent for this. Well, it's not because if you look there's a ton of properties in this area that are competing with you. And it's push the ribs down or they've, you know, our property you can easily sometimes find somebody will pay more. But it is a less stable tenant. So it's great. You get a little bit more front. But then as you go along with any of ten at the top paying, so it's better to find somebody who can afford the reds easily could be a long-term, great tenants. So there's some things to think about, but you wanna have it. Good realtor Asia or team that can help guide you through whatever rentals for and. What could Winston an area? And then also on the back end the property management is paramount on your controllable costs. So controllable costs like things like how quickly can you get a property beer every rented what kind of tenant? Do you get in there? How quickly do they respond to inquiries how? Well, do they communicate with the homeowner all of those things will affect our y and it may not be just your property. It could be there inefficient with other properties. It's gonna affect your property. So you can have the best property the best location. But if they're carpeting managers bogged down by a bunch of other properties that are dragging down their resources your property is gonna suffer. So it's you want to understand those things. Yup. Totally. Agreed. I mean, there's definitely Delta's there that we need to talk more about when we come back. That's what we'll do when we come back understanding the meeting, greedy of rentals, and how that factors in to your overall wealth building strategy. That's what's up with my good friend. Noah Christopher from renters wear. House got to go to break. In the meantime, secrecy radio dot com. Ask your question. I'm loved questions. Kind of my thing. My jam so ask the question Blanchard right here on air. And if you're near Barnes.

property manager Delta House Noah Christopher Blanchard Barnes Asia Winston three years five ten fifteen twenty years two percent two hours two years
"noah christopher" Discussed on Biz Talk Radio

Biz Talk Radio

03:08 min | 2 years ago

"noah christopher" Discussed on Biz Talk Radio

"Another amazing time to be a real estate investor. My guest today. You know, him his voice is very recognizable. He's a good friend of mine. He's a mentor, and he is an investor. He understands the way the world works. He has a crystal ball of crystal balls. His name's null. Christopher from renters warehouse. Welcome to the show. Well. Thank you. Glad to be here. Look at that intro. I just needed like do your intros, speaking nationally, like I I'm working on this it works. It does work. I appreciate it. You gotta tells the load about who you are what you do end. What renters warehouse does. So my name is Noah Christopher the senior vice president of corporate development for national property management company. We manage approximately. Twenty three thousand homes and and twenty five states around the country. Primarily focusing on a single family rental space. I run our acquisitions of other property manager companies as we are scaling our company nationally as well as strategic partnerships. With other like-minded companies that we want to do business with. And you also work with property management companies. Pretty candidate to make him better. I remember. I remember I think one of the first times I met ya think realty conference you're connecting with a local property management company. Getting giving them advice on how to scale at cetera. And I think that's really cool to from the advisory perspective because you want these property management companies to grow. But then obviously you want to network with them connect with them and possibly a build a relationship there for the benefit of both that local property management company and renters warehouse. So I think that's really neat. Yeah. Yeah. Something that is something that I've learned in this business is we are looking as you say to connect with other other property management companies really trying to help the industry overall. And I've learned that just giving that free advice, and really helping those that actually many times our competitors in a local market with us but sharing our best practices sharing. What we're doing is a company to to grow and change the industry with others, and it just being on the giving side and being a give her in. That sense is much more productive than always just trying to get something out of every conversation. So Gotcha now that's fair. And I and I respect that. I really really cool major headlines very recently, which you and I were talking about a little bit before the show, Wall Street Journal article very recently. A seventy is stated seventy eight percent of Americans think that renting is more affordable than owning a home. And that's fifty eight percents. Have really no plans to buying a home. What's what should I should? I be reading too much into this is this like..

Noah Christopher senior vice president property manager Wall Street Journal corporate development seventy eight percent
"noah christopher" Discussed on Biz Talk Radio

Biz Talk Radio

09:05 min | 2 years ago

"noah christopher" Discussed on Biz Talk Radio

"Amazing time to be a real estate investor. My guest today, you know, him his voice is very recognizable. He's a good friend of mine. He's a mentor, and he is an investor. He understands the way the world works. He has a crystal ball of crystal balls. His name's null. Christopher from renters warehouse. Welcome to the show. Thank you. Glad to be here. Look at that intro. I just needed like do your intros speaking nationally, like I'm working on this it works. It does work. I appreciate it. You gotta tells the load about who you are what you do. What renters warehouse does. So my name is Noah Christopher on the price, president of corporate development for us national property management company. We manage approximately. Twenty three thousand homes and and twenty five states around the country. Primarily focusing on a single family rental space. I run our acquisition of other property manager companies as we are scaling our company nationally as well as strategic partnerships. With other like-minded companies that we want to do business with. And you also work with property management companies candidate kind of make him better. I remember. I remember I think one of the first times I met ya think realty conference you're connecting with a local property management company. Giving them advice on how to scale etc. And I think that's really cool to from the advisory perspective because you want these property management companies to grow. But then obviously you want to network with them connect with them and possibly a build a relationship there for the benefit of both that local property management company and renters warehouse. So I think that's really neat. Yeah. Something that is something that I've learned in this business as we are looking as you say to connect with other other property management companies really trying to help the industry overall. And I've learned that just giving that free advice, and really helping those that actually many times our competitors in a local market with us but sharing our best practices sharing. What we're doing is a company to to grow and change it industry with others, and it just being on the giving side and being a give her in. That sense is much more productive than always just trying to get something out of every conversation. So Gotcha now that's fair. And I and I respect that. I think is really really cool major headlines very recently, which you and I were talking about a little bit before the show Wall Street Journal article very recently, a seventy stated seventy eight percent of Americans think that renting is more affordable than owning a home. And that fifty eight percent. Have really no plans to buying a home. What's what should I should? I be reading too much into this is this like. Should I be paying my hair out thinking holy cow, like crash crash crash. Home affordability is decreasing. So now, we're going to start seeing news all over the place, saying make loans, more affordable. And then we're gonna have bad, then we'll have bad underwriting criteria. And here we are back in two thousand and eight where it's a frenzy and anybody with a heartbeat and get along is this where we're headed. Well, Well, I I mean, you know, I think if you look at some other other articles in the subprime loans and the billions of dollars of subprime loans that are going to be written or they're being written. Now, I think that that fear, and and as one of our colleagues Greg puts it, it's you know, people. Here's here's the lighting on fire. That's right. And I think that you know, so back in February fifty four percent said that they didn't have a plan to buy a home. And now fifty eight percent plan on buying a home. The real question is what is the proper balance in our country of homeownership? Is is it one hundred percent? No. Is it fifty percent? Maybe sixty percent. What what does that number? And I think before everyone starts freaking out about affordability and mortgage rates and all of those things which yes, they do affect the values of homes, and it can't affect some affordability. But we have a free market and the less that people start trying to tinker with that by all of a sudden saying, oh, no, we need more. People owning homes. Let's lower the criteria. And that's going to lead to more foreclosures, but people are still going to get paid on the front end and make money. And so I think really you have to understand what's driving that desire. And you know, it's not a bad thing for people to rent and be mobile is that okay? I think so I think that the the world that we live in now. The mobility is is more important than for some than owning a home. You live in doesn't mean you can't own a home. I think this barrier for entry for owning investment property is much less than the barrier of entry of buying a home to live in in most markets. So yeah. So you said being mobile you talking about mobile homes. I'm I'm kidding. That's. Right now, not mobile, home parks. This is not a multifamily conversation. So for many Americans buying a home really is one of the one of the ways that we all know, generate wealth and to build wealth. What are some of the other ways? Well, so you're restoring to buying a home that you live in. Well. So so yes, so start that question because I don't identify with the question. But I feel like I needed to put myself in the shoes of somebody that would be asking the question. That's the my frame of mind when asking that question. Of course. So yes. Buying a home to live in an investing into a into a home that you live in in long-term living. They're paying off a mortgage. Of course, it's going to create equity and wealth down the road. But it's many people look at buying a home. And they're looking at that value on the short short term and seeing what the kit with that can do for them on the short term is not proper in not the right way to look at it in my opinion. You know, if you're buying a home. Now, there's a lot of different numbers that are put out there. But usually it's seven to ten years before you start realizing the benefit of owning that home. So if you're not planning to stay there for seven to ten years or not going to be happy with that home for the next seven to ten years. It may not be a good investment that being said buying an investment property you start to see the benefits immediately. Especially if you could get yourself in a good plan where you're buying a home or to a year. Even at that kind of rate. We need to hit about five years. It becomes a very very interesting. So you can rent the home, you're an invest into real estate and start to really create wealth at a much accelerated rate compared to just owning the home that you live in. Is your home in asset? Of course at some point. That's the kicker. I feel like there are a lot of folks that think they're home is an asset. I don't think it is. It doesn't become really innocent until you realize the gain from it. That's my perspective. Anything that takes money out of your pockets is not an asset and a home does that because you're living in it? Of course. And most of the people are putting down. I mean, are you putting down fifty percent of the value of the of the house is that what you're down payment? Or are you putting down five or ten percent and who owns the eighty ninety percent of of that asset who is it really an asset for is an asset for the banks probably because they're trading those securities and making a lot more money than you are your home in the short term long term. It's definitely an asset. When you can realize that gain that equity in your house, and the equity that people talk about right now that you're you've been I've been reading some articles about how household equities hit at trillion dollars. What does that really mean? Yeah. No. That's right. We got to go to break. So we'll talk about what that really means. When we come back, think realty nation checkout. Renters warehouse dot com have questions for me you finally anywhere online and AVI goal har-. I'm pretty good with keeping up on my social unless you know. It's Michigan's footfall time. So yeah, finding online and I'll be goal heart or go to think realty radio dot com. Ask a question Lancer it right here on the show..

Noah Christopher property manager Wall Street Journal Michigan Greg president corporate development ten years fifty eight percent fifty percent eighty ninety percent seventy eight percent one hundred percent fifty four percent trillion dollars sixty percent ten percent
"noah christopher" Discussed on Biz Talk Radio

Biz Talk Radio

08:41 min | 2 years ago

"noah christopher" Discussed on Biz Talk Radio

"Be a real estate investor. My guest today. You know, him his voice is very recognizable. He's a good friend of mine. He's a mentor, and he is an investor. He understands the way the world works. He has the crystal ball of crystal balls. His name's Noelle Christopher from renters warehouse. Lock them to the show. Thank you. Glad to be here. Look at that intro. I just needed like do your intros like when you're speaking nationally, like I'm working on this it works. It does work. I appreciate it. You gotta tell us about who. You are what you do. And what renters warehouse does. So my name is Noah Christopher. I'm the senior vice president of corporate development for us. National property management company. We manage approximately. Twenty three thousand homes, and and twenty-five states around the country. Primarily focusing on a single family rental space. I run our acquisitions of other property manager companies as we are scaling our company nationally as well as strategic partnerships. With other like-minded companies that we want to do business. And you also work with property management companies pretty candidate kinda to make them better. I I remember. I remember I think one of the first times I met ya think realty conference you're connecting with a local property management company. Giving them advice on how to scale etc. And I think that's really cool to from the advisory perspective because you want these property management companies to grow. But then obviously you want to network with them connect with them and possibly a build a relationship there for the benefit of both that local property management company and renters warehouse. So I think that's really neat. Yeah. Yeah. Something that is something that I've learned in this business as we are looking as you say to connect with other other property management companies and really trying to help the industry overall. And I've learned that just giving that free advice, and really helping those that actually many times their competitors in local market with us but sharing our best practices sharing. What we're doing as a company to to grow and change the industry with others, and it just being on the giving side and being give her in. That sense is much more productive than always just trying to get something out of every conversation. So Gotcha now that's fair. And I and I respect that. I think that's really really cool major headlines very recently, which you and I were talking about a little bit before the show Wall Street Journal article very recently, a seventy stayed at seventy eight percent of Americans think that renting is more affordable than owning a home. And that fifty eight percents. Have really no plans to buying a home. What's what should I should? I be reading too much into this dislike. Should I be pulling my hair out thinking holy cow, like crash crash crash? Home affordability is decreasing. So now, we're going to start seeing news all over the place, saying make loans, more affordable. And then we're going to have bad, then we'll have bad underwriting criteria. And here we are back in two thousand and eight where it's a frenzy and anybody with a heartbeat and get along is this where we're headed. Well, I mean, you know, I think if you look at some other other articles in the subprime loans and the billions of dollars of subprime loans that are going to be written or they're being written. Now, I think that that fear, and and as one of our colleagues Greg puts it, it's you know, people. Here's here's the lighting on fire. That's right. And I think that you know, so back in February fifty four percent said that they didn't have a plan to buy a home. And now fifty eight percent plan on buying a home. The real question is what is the proper balance in our country promo ownership. Is is it one hundred percent? No. Is it fifty percent? Maybe sixty percent. What what does that number? And I think before everyone starts freaking out about affordability and mortgage rates and all of those things which yes, they do affect the values of homes, and it can't affect some affordability. But we have a free market and the less that people start trying to tinker with that by all of a sudden saying, oh, no, we need more. People owning homes. Let's lower the criteria. And that's going to lead to more foreclosures, but people are still going to get paid on the front and make money. And so I think really understand what's driving that desire and. You know, it's not a bad thing for people to rent and be mobile is that okay? I think so I think that the world that we live in. Now, the mobility is more important than for some than owning a home. You live in doesn't mean you can't own a home. I think the barrier for entry for owning investment property is much less than the barrier of entry of buying a home to live in in most markets. So yeah. So you said being mobile you talking about mobile homes. I'm I'm kidding. That's. Right now, not mobile, home parks. This is not a multifamily conversation. So for many Americans buying a home really is one of the one of the ways that we all know. Generate wealth and to build wealth. What are some of the other ways? Well, so you're referring to buying a home that you live in. Well. So. Yeah. So I don't really start that question because I don't identify with the question. But I feel like I needed to put myself in the shoes of somebody that would be asking the question. That's the my frame of mind when asking that question, of course, so yes. Buying a home to live in an investing into a into a home that you live in in in long term living. They're paying off a mortgage. Of course, it's going to create equity and wealth down the road. But it's many people look at buying a home. And they're looking at the value on the short short term and seeing what that can do for them on the short term is not proper in not the right way to look at it in my opinion. You know, if you're buying a home. Now, there's a lot of different numbers that are put out there. But usually it's seven to ten years before you start realizing the benefit of owning that home. So if you're not planning to stay there for seven to ten years or not going to be happy with that home for the next seven to ten years. It may not be a good. Investment that being said buying an investment property you start to see the benefits immediately. Especially if you could get yourself in a good plan where you're buying a home or to a year. Even at that kind of rate. We need to hit about five years. It becomes a very very interesting. So you can rent the home, you're an invest into real estate and start to really create wealth at a much accelerated rate compared to just owning the home that you live at. Is your home and assets? Of course at some point. That's the kicker. That's that's the I feel like there are a lot of folks think their home is an asset. I don't think it is. It doesn't become really innocent until you realize the gain from it. That's my perspective. Anything that takes money out of your pockets is not an asset and a home does that because you're living in it? Of course. And most of the people aren't putting down. I mean, are you putting down fifty percent of the value of of the house is that what you're down payment? Or are you putting down five or ten percent and who owns the eighty ninety percent of of that asset who is it really an asset for is an asset for the banks probably because they're trading those securities and making a lot more money than you are and your home in the short term long term. It's definitely an asset. When you can realize that gain that equity in your house, and the equity that people talk about right now that you're you're you've been I've been reading some articles about how household equities hit at trillion dollars. What does that really mean? No, that's right. We got to go to break. We'll talk about what that really means..

property manager Noelle Christopher Wall Street Journal Noah Christopher senior vice president Greg corporate development ten years fifty percent eighty ninety percent seventy eight percent fifty eight percent one hundred percent fifty four percent trillion dollars sixty percent ten percent
"noah christopher" Discussed on Biz Talk Radio

Biz Talk Radio

03:08 min | 2 years ago

"noah christopher" Discussed on Biz Talk Radio

"Home equity the equity in your home to buy property, should you. Or shouldn't you all right? Let's get to it. Null. Welcome to the show. Hi, abby. How are you doing? Good good. The have always a fun time. When you're on. I feel like some of the best shows are the ones where you're on man. So we need to keep doing this on a regular gives a little one two on who you are your background renters warehouse and what y'all do. First off. I appreciate the compliment. I'm sure you say that to everyone. I'm Noah Christopher senior vice president of corporate development with Reynolds where else I do a lot of the radio shows and podcasts that were on as well as my job functions is I were I focus on our property management acquisitions as rescaling our company as well as strategic partnerships real referral programs working with lenders and other ancillary services. We can offer to our customers really kinda go from just being a property manager. The people must have put a box around that thing management properties. You don't offer much other services to really offering a full suite of services to help people build wealth, and you know, understand how the single family rental. Marketplace works, which is at three point one trillion dollar asset class. So it's a fairly large asset class for sure I three point anything above like a billion dollars for me is generally is generally considered to be large. I think he's said three point one trillion that it make sense to be a part of I like single family rentals are for a multitude of reasons. One is you can be quicker with them. Right. If you're investing in multifamily, I invested multifamily too. Don't get me wrong. I have a fund that invests in operators in the southeast specifically for value. Add multifamily apartment complexes. I love that space. I love the single family space too because it's quicker than multifamily. If. See a little bit of a correction coming. You can either hold on which I suggest that you do or if you need money in a pinch. You can always sell a property, especially if you buy it, right? So no, let's start off by maybe offering a pathway pathway for our listeners those that have done well in their businesses. How do they get more involved in the single family Reynolds space? What do they have to do? First. Second third fourth. So so I it's just talk about like spend a little bit more on why single family rentals are a good investment. And it's. A intermediate are novice investor can wraps her head around the concept of the single family rental. Most people rented a an apartment or a home at some point during their life. I mean, shoot it's you know, the the homeownership rate around fifty percent fifty percent of these people rent and in a hybrid. I get percentage alert people rent single family homes. So it's something that is in need that people wrap their head around. It's the the barrier to entry is much lower than an apartment building. Especially in today's market where you really have to look for the value..

Reynolds property manager abby Noah Christopher senior vice president corporate development fifty percent one trillion dollar billion dollars
"noah christopher" Discussed on BizTalk Radio

BizTalk Radio

02:15 min | 2 years ago

"noah christopher" Discussed on BizTalk Radio

"So that ultimately you the investor can win Noah Christopher is with renters warehouse. And you should also know that this hour of radio is brought to you by renters warehouse and one of the largest fastest growing and highest reviewed property management companies in America. No, welcome to the show, man. How are you doing? I'm great. I, you know, I need to just make sure I'm calling you and Kevin like just regular contributors to the show because I think this is awesome. Every single week. We get really good insights about property management about tenants about laws different things that I need to be aware of as an investor in the rental space. So welcome back to the show. Always a pleasure to be here. Avi. Appreciate it. So us a little bit about who. You are what you do and a little bit about renters warehouse. I am with renters warehouse. I'm the senior vice president of corporate development. I run our property management acquisitions as we're scaling are twenty two thousand doors, we manage and forty markets for about fourteen thousand investors and also work with all of our strategic alliances. Whether that's a real referral program working with lenders with insurance companies anything that we can do to help bring value to our customers. Awesome. Let's start talking a little bit about the single family rental space. It's should be technically he long-term investment and with any long-term investment come problems headaches. This kind of stuff that's me as an investor. I don't really want to do what's the benefit of working with a property management company. And what are some of the risks associated with working with the property management company that I need to be aware of? The benefits are going to be able to hand over your investment and your day operations of that investment to a trusted expert that acts as a not only a shield our physical. She'll between you and issues that come up, but really illegal show as well. So you're you're you have that professional management set can take care of issues that come up with tenants come up with maintenance that happened when you're on your vacation, and you can't physically be there how quickly which has talked about ad nauseam. How quickly you reply to maintenance requests things like that..

Kevin Noah Christopher America senior vice president corporate development
"noah christopher" Discussed on The Fish 95.9FM

The Fish 95.9FM

01:38 min | 4 years ago

"noah christopher" Discussed on The Fish 95.9FM

"And now available any time where ninety five point nine apiece smartphone now my good evening welcome to the delight of the show who is the is the show joel what can i do for you joyner sure but a story never existed day okay this is a christmas tradition in your family more playing ritual that idea everybody morning i would you that along the board into it ended yeah a lot in the morning here in indicator i you know we're glad to the living room again i would like to all of the road than the two time which on your mind and i would very good at least it delightful is off to each year ender eighty and i realize along yeah that now i didn't notice that i haven't on three thousand doesn't ball the that i would do that every triplets warning until always of money yeah twenty six and the two eagles myself florida state he did that to me well i remember when i was a kid you know my brother and i would get after the crack it on tournaments nineteen and only back in those days it was just a test pattern on this horrible noise and we're did the same thing mood crank it up so loud so i felt good not yet you know he didn't have any rest whatsoever you know i always wondered by they ticket napping after yeah what's your baby's name no noah christopher.

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