4.6 • 658 Ratings
🗓️ 15 September 2023
⏱️ 70 minutes
🧾️ Download transcript
The housing crash is 100% certain according to Keith Weinhold. While we agreed with Keith on a lot of ideas on this episode, we do have a heated debate on why housing is not crashing yet and why it might take a while.
Join us this week on Money Tree Investing where we skewer some traditional thinking about real estate so you can find the best opportunities in the real estate market without taking a bath... although you should definitely bath daily.
Today's Panelists:
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0:00.0 | Welcome to the Money Tree Investing Podcast. |
0:04.0 | Stock market, wealth, personal finance, value stocks, invest in your life. |
0:10.0 | Hello, the Smart Money Tree Podcasts listeners. Welcome to this week's show. |
0:14.0 | My name is Kirk Chisholm and I will be your host. So today I'm joined with my good friend Keith Weinhold. |
0:19.0 | How you doing today, Keith? |
0:20.0 | Hey, fantastic. Thanks for having me, Kirk. Keith was nice enough to bring me on a show about six |
0:24.8 | years ago. He's got a great podcast, get rich education, had a lot of fun in his show. And |
0:30.1 | finally, after six years, I decided to invite him on my show. So a little late in the uptake, |
0:35.1 | but wanted to bring him on. Keith's really sharp |
0:37.7 | podcaster, and I think we're going to have a great conversation today. So Keith, |
0:40.4 | tell us a little bit about your background and what you do. I am an active real estate investor. |
0:46.1 | That's how it begins. For me, it began with making my first ever home a fourplex building |
0:52.5 | in Midtown Anchorage, Alaska, of all places, because I learned I |
0:57.0 | could buy that building with just a three and a half percent down payment if I lived in one of the |
1:02.2 | unit for at least 12 months. So that's what I did. I lived in one unit, rented out the other three, |
1:09.0 | learned real estate investing that way and grew from there. |
1:13.6 | And this is something super actionable for your audience already, Kirk. |
1:16.9 | One can still get an FHA loan with a three and a half percent down payment for either a |
1:22.0 | single family home, duplex, triplex, or fourplex. |
1:25.5 | As long as you live in one of the units for 12 months, |
1:28.6 | have a minimum credit score of 580. |
1:30.6 | I think most people have that. |
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