In this podcast episode, Keith Weinhold discusses the benefits of investing in stable property markets, the risks and benefits of taking out a second mortgage on a property, and the potential impact of remote work on the real estate market.
Weinhold also touches on the performance of stocks and other asset classes in the first quarter of the year, highlighting the drawbacks of savings accounts, CDs, and money market funds, and suggesting that investing in real estate can be a better option.
Overall, Weinhold emphasizes the importance of investing in stable markets with high rent ratios and strong landlord tenant laws.
**Real Estate Prices [00:03:39]**
Discussion of the current and future direction of real estate prices, with a recap of the benefits of investing in real estate.
**Tapping Equity [00:04:50]**
Explanation of the problem with tapping equity and the risks of taking out a second mortgage on a property.
**Second Mortgage [00:05:43]**
Explanation of how to add a second mortgage onto a property and access cash without refinancing the entire loan, with details on the 80% combined loan value ratio.
**Risks of Second Mortgage [00:07:49]**
Discussion of the risks of taking out a second mortgage, including interest rate fluctuations and the potential pitfall of borrowing short to go long.
**Second Mortgage Benefits and Risks [00:09:51]**
Discussion of the benefits and risks of taking out a second mortgage on a property for investment purposes.
**Current Direction of Home Prices [00:12:09]**
Analysis of the current direction of home prices in the resale market, including a survey of resale agents and national existing home prices.
**Regional Real Estate Market Performance [00:18:00]**
Discussion of the stability of regional real estate markets, with a focus on the southeast and midwest, and the importance of stable prices, high rent ratios, and strong landlord tenant laws.
**WFH Trends and Regional Real Estate Markets [00:20:24]**
Analysis of the potential impact of work from home trends on regional real estate markets, including an increase in flexible job postings in major cities.
**Virtual Real Estate Investing [00:25:02]**
Discussion of the recent failures of metaverse projects and the risks of virtual real estate investing.
**Factors Affecting National Home Prices [00:26:15]**
Explanation of the headwinds and tailwinds affecting national home prices in 2021, including bank failures, job loss recession, labor and supply inflation, spring home buyer demand, and the supply crash.
**Mortgage Rates [00:30:20]**
Explanation of the difficulty in predicting mortgage rates and the lack of forecast for their direction.
**Various Asset Classes Performance [00:32:17]**
Discussion of the performance of different asset classes in Q1 of the year, including precious metals, savings accounts, and real estate.
**Benefits of Investing in Real Estate [00:35:14]**
Real estate investing as a w
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!