416: War Against STRs, Tenant Retention, Mortgage Lessons
Get Rich Education
Keith Weinhold
4.3 • 602 Ratings
🗓️ 26 September 2022
⏱️ 41 minutes
🧾️ Download transcript
Summary
Residential real estate has greater usefulness and is easier to understand than: agricultural, office, retail, industrial, and warehouse real estate sectors.
Tenants are staying in both SFRs and apartments longer than before. I discuss three reasons for today’s longer tenant retention trend.
Higher mortgage rates correlate with higher home prices. In fact, in the nine times mortgage rates increased 1%+ since 1994, home prices rose seven of those nine.
During recessions, mortgage rates typically fall. Both are opposite of what most people think.
Resort communities are almost declaring war against short-term rentals. I explore the depth of the problem and discuss solutions.
Are the wealthy at fault?
People that grew up in an area cannot afford housing in these STR hotbeds.
Resources mentioned:
Show Notes:
How to Raise The Rent and Keep Tenants Happy (Video):
40-Year Mortgages:
https://www.housingwire.com/articles/newrez-
debuts-40-year-non-qm-mortgage-product/
Get mortgage loans for investment property:
RidgeLendingGroup.com or call 855-74-RIDGE
or e-mail: [email protected]
JWB’s available Florida income property:
www.jwbrealestate.com/gre or (904) 677-6777
To learn more about eQRPs: text “GRE” to 307-213-3475 or:
Available Central Florida new-build income properties:
Analyze your RE portfolio at (use code “GRE” for 10% off):
Best Financial Education:
Get our free, wealth-building “Don’t Quit Your Daydream Letter”:
www.GetRichEducation.com/Letter
Our YouTube Channel:
www.youtube.com/c/GetRichEducation
Top Properties & Providers:
Follow us on Instagram:
Keith’s personal Instagram:
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to GRE. I'm your host Keith Weinhold. Historically, renters are now staying in their units longer than before. You're going to learn about that tenant retention trend. Communities are almost waging war against short-term rental owners. During recessions, mortgage rates typically fall and more counterintuitive facts about mortgages today on Get Rich Education. |
| 0:27.8 | GRE listeners can't stop talking about their service from Ridge Lending Group and MLS42056. |
| 0:34.0 | They've provided our tribe with more loans than anyone. |
| 0:36.9 | They're truly a top lender for beginners and veterans. |
| 0:40.1 | It's where I go to get my own loans for single-family rental property up to four plexes. |
| 0:45.8 | So start your pre-qualification and you can chat with President Chaley Ridge personally. |
| 0:50.2 | They'll even deliver your custom plan for growing your real estate portfolio. |
| 0:57.3 | Start at ridgilllinggroup.com. |
| 1:13.6 | If you're looking to grow your passive income from real estate, pay attention. My Property Stats is a deal analysis tool developed by an active investor to cut the time it takes to analyze any deal by over 90%. For any real estate class, you can calculate the exact price to pay to hit your cash flow and IRLR goals. Build a world-class pro forma. |
| 1:20.7 | Calculate the most you should pay for a renovation, run multiple scenarios with a comparison tool |
| 1:26.2 | and more. My property stats is the all-in-one |
| 1:29.7 | tool kit for real estate investors. That means more deals, more cash flow, and more returns. Go to |
| 1:36.7 | MyPropityStats.com slash gRE now and use the coupon code, GRE, to get 10% off your first year. |
| 1:44.8 | That's just $90 a year for a tool that can save 10 hours per deal. |
| 1:51.0 | No more spreadsheets, no more juggling multiple files. |
| 1:54.4 | Use coupon code GRE to get 10% off at mypropertystats.com slash gRE. |
| 2:02.6 | Knowing the difference between a turnkey provider and a vertically integrated rental |
| 2:07.5 | property company can cost you hundreds of thousands of dollars over the life of your |
| 2:11.3 | investment. |
| 2:12.2 | Some companies sell you a property they don't own, renovate it with contractors they |
| 2:16.5 | don't control, refer you to a property management company they don't own, renovate it with contractors they don't control, refer you to a |
| 2:18.3 | property management company they don't manage, all in multiple markets because they can't source |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Keith Weinhold, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Keith Weinhold and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.