Realty411’s VIRTUAL Event – A Focus on Purchasing Land
Hello Investors,
Are you looking for new opportunities to grow your wealth through real estate? Join our exclusive webinar tailored for savvy investors like you.
What You’ll Learn:
Why buying land is one of the best investments a person can make
Discover where the educator is focused on buying land and why
Insights on why purchasing land is a secure and steady way to wealth
A LIVE Webinar with a long-time Realty411 Educator: Mr. Michael Poggi
Details (Two Live Options):
📅 Date: Wednesday, August 20th, 2025
⏰ Time: 9 AM PT / Noon ET AND 4 PM PT / 7 PM ET
💻 Where: ONLINE
LEARN MORE ABOUT OUR EDUCATOR:
MICHAEL POGGI
I’m Michael Poggi, and after 30 years in real estate and investing, I can confidently tell you:
👉 The real wealth builders aren’t pouring more money into Wall Street. They’re quietly buying vacant land in fast-growing areas.
I’ve helped thousands move money out of stocks, IRAs, and mutual funds into low-cost, high-growth resort lots — often with no debt and no tenants.
And I’m holding a free webinar to walk you through the exact strategy. This is NOT a course for sale. This is a DONE FOR YOU strategy !!! we do all the work.
💥 Why land?
No repairs or maintenance
No buildings, no insurance headaches
No tenants to evict
And it’s 100% passive once you own it
Best part? You can use IRA, 401(k), cash, or even stock liquidation to invest.
📅 Join the webinar and see why land is outperforming Wall Street:
👉 [Reserve Your Free Spot Now]
To your success, Michael Poggi
Published Author, National Speaker, Real Estate and Alternative Investment Spearhead Michael Poggi, the founder of The Millionaires Group and Poggi Wealth Institute, has been the industry’s leading authority in alternative wealth-building strategies. Michael Poggi is a nationally recognized public speaker and professional investor, developer and author.
Michael speaks on how to buy real estate and invest in many other venues using your IRA or old 401K plan through the power of self directing it. In fact, he shows people how they can transform their IRA’s and 401K’s into completely self managing money making machines, creating cash flow monthly and TAX FREE.
He also runs a private equity group that funds projects all over the world. In addition, Mr. Poggi is the President and Founder of The Millionaires Investment Group, based in Fort Lauderdale, Florida.
You can find Michael as a featured guest on the Money Talk radio shows. His company, Build Wealth With Land, LLC, is one of the largest land providers in the U.S., providing hundreds of secure vacant lots yearly to investors and builders. And amazingly, Michael does all of this legally Tax Free!
Michael was featured on the cover of REI Wealth magazine, issue #37, which is owned and published by Realty411.
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A peaceful coexistence with others is part of our cultural heritage, encompassing interactions with nature, government, institutions, businesses, personal relationships, strangers, and our beloved pets.
by Dan J. Harkey
Summary
When someone appears arrogant, supercilious, and disrespectful, it is often an indication that they harbor inner insecurity. Try to break down their barriers by being open and friendly. If you can help them in their pursuits of happiness and success, it may turn them around, one chip off their shoulder at a time. If you are unable to break the barriers, then avoid them in the future.
Dignity is a universal state of being that transcends our differences and is the inherent worth and value of every person.
It is earned through our thoughts, actions, habits, values, and associations with others. Dignity is fundamental to our culture and humanity.
Dignity rests in the minds of others who associate with us. They know whether we have earned it.
Even animals recognize their inherent value to others and know who respects them. They very much distinguish between non-caring, hostility, cruelty, abuse, and kindness.
Dignity and respect can also be eroded for the same reasons, with the best examples being distrust of governments, mainstream media, and institutions. When we feel that these entities are not treating us with the respect we deserve, it can lead to a breakdown in our respectful behavior. This can create a cycle of disrespect that is detrimental to our society.
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Article:
The perception and value others hold for us are reciprocal. We will lose our dignity if we are perceived as failing to treat others with the respect they deserve. This principle of reciprocity, where our actions influence how others treat us, is a powerful reminder of our responsibility to maintain the dignity of others. It’s a two-way street, and our actions can significantly impact how others perceive and treat us, making us feel responsible for our actions and their impact on others.
Showing others dignity and respect is a matter of cultural common courtesy. People who refuse to treat others in this way are generally arrogant, disdainful, insecure, or a combination of all three. This can manifest in various ways, such as interrupting others, speaking over them, or dismissing their opinions.
For instance, respecting a person with special needs could involve being patient and understanding, while respecting someone from a different religion could include being open-minded and tolerant. When interacting with a person with special needs, you can show respect by being patient and understanding their unique challenges. When engaging with someone from a different religion, you can show respect by being open-minded and tolerant of their beliefs. Similarly, when interacting with someone from a different social stratum, you can show respect by acknowledging their achievements and treating them with equal respect. In a professional setting, respect can be demonstrated by listening to others’ ideas and giving credit where it’s due.
Sometimes, tribal social instincts can influence the equation, affecting one’s perception that they are chosen as God’s favored child. These instincts, deeply ingrained in human nature, can lead to a sense of superiority based on religion, social status, or personal beliefs. This can influence how one treats others, often in a disrespectful manner. It’s essential to acknowledge these instincts and consciously work to overcome them in our interactions with others, thereby becoming more enlightened and aware of our own biases.
Each of us has the power to contribute through our actions, and even the smallest of these can make a significant difference. This is not just a responsibility but a source of personal empowerment. Our contributions, no matter how small, are essential to a more respectful society. By understanding the power we hold, we can inspire others and create a ripple effect of respect and dignity, making us feel empowered and capable of making a difference.
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Worthwhile quotes from famous people:
To laugh often and love much; to win the respect of intelligent people and the affection of children; to earn the approbation of honest critics and endure the betrayal of false friends; to appreciate beauty.
– Ralph Waldo Emerson
Our inner strengths, experiences, and truths cannot be lost, destroyed, or taken away from us. Every person has inherent worth and can make a valuable contribution to the human community. We can all treat one another with dignity and respect, provide opportunities for growth throughout our lives, and support one another in discovering and developing our unique talents. We each deserve this, and we can all extend it to others.
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Time is a precious, limited resource and non-renewable; once gone or wasted, it is gone forever. Resources designed to magnify the value of time can be leveraged through others or technology-driven, including hardware and software programs. There are more brilliant programs than anyone could ever dream possible. But the same applies to training.
By effectively leveraging our time, we can allocate time to concentrate on the most crucial activities.
This empowerment, derived from effective time management, is the cornerstone of boosting productivity and achieving a better work-life balance. It instills a profound sense of control and confidence in your daily activities, enabling you to make the most of your time and resources.
Remember, we’re managing time and harnessing our talents and skills through others, be they associates, employees, or independent contractors, who will swiftly assist us in achieving our goals.
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Time spent, A, B, C, D, and Time Off are subsets of this time management system.
Time effectiveness may vary according to motivation, regimen, objectives, tenacity, and the use of strategic leverage. Leverage is achieved through delegating tasks to others.
Time is the most valuable resource.
‘A-Time’ is not just valuable; it’s the cornerstone of successful sales for salespersons. It’s face-to-face or one-on-one communication with targeted buyers and sellers. This contact, whether in person, by phone, or by email, must explicitly reflect a request that the party or prospective buyer/seller work with us or buy our products, goods, or services. This is when your skills and talents are tested, and it’s not just crucial for your success; it’s urgent. Understanding and prioritizing ‘A-Time’ is not just essential; it’s urgent for your sales success.
Salespersons must spend more than 60% to 80% of their available time in an ‘A-Time’ mode. This underscores the critical importance of their role in the sales process. Focusing on ‘A-Time’ keeps us on track and goal-oriented, ensuring our time is spent on the most valuable and productive activities.
The concept of A-Time has been complicated by changing marketing trends. Knocking on doors, personal visits, phone solicitations, a meeting, and a transition into a close relationship were anticipated in the past. People are not answering their phones; they rarely respond to emails, which leaves text messaging. And those need to be personalized. Even with a speed text system on the phone, each outgoing text articulated verbally with the assistance of SIRI will take 30 seconds. One thousand times 30 seconds will take 8 hours. Now, more automated systems are available, but the warning is that the text messages must be personalized.
I doubt relationship building with remote business strategies will return to the old way. That is why I write and publish an article daily as a form of personal branding. I aim to provide my readers with real value that benefits their business and personal lives, all while sprinkling in some humor.
B-Time is the time spent preparing (preparation time) to transition into A Time.
A phone call request, a letter request, or an email request is probably involved. Time may constitute 30% of one’s daily schedule. Push your time into A and delegate 20% to another, B.
Examples:
Could you draft a letter, email, text, or phone call to request an appointment for a face-to-face meeting with the prospect? This is a prime example of an ‘A-Time’ activity. So that you know, ‘A’ time does not start until the client is in front of you or on the phone. This ensures that your ‘A-Time’ is spent on the most valuable and productive activities.
Once you consummate the transaction, all other follow-up activities to drive the process forward fall under C Time.
Setting up your marketing email or text system.
C-Time consists of all administrative activity with no specifically defined result.
C-Time does have value in driving your business forward. It most likely consumes 50% to 80% of our workday. The key is to delegate C-Time to support staff employees or independent contractors, thereby shifting our resources to the most effective use of time.
Examples:
Record keeping and regulatory compliance activities are C Time.
I am developing and maintaining marketing systems and materials, including database maintenance and web-based lead sources.
Office organization and administrative duties activities are C-Time.
Interactions with staff and co-workers.
Interface with third-party vendors such as escrow, title, appraisal, environmental engineers, and property-related insurance companies.
All general activities required to maintain our business enterprise, but not directly attached to closing a transaction, are C-Time.
Industry educational events.
D-Time is the catch-all term for activities that produce no results and have little value; in other words, it is wasted time.
These activities may consume a large portion of our day. D Time differs from time off or away from your business or money-making activities.
Examples:
Reading news and having conversations with friends and family. (Some may argue that conversations with friends and family are not wasted time. )
I’d like you to maintain social media such as LinkedIn, Facebook, Snapchat, and Twitter, except for personal branding.
Casual conversations with employees and staff unrelated to business.
Industry meet and greets, cocktails with the boys or girls.
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Time Off:
Time off is not D Time, but Time off is time away from work, work-related emotional pressure, and clutter.
Everyone needs to recharge their (mental, emotional, and physical) batteries. Avoid any semblance of work pressures, including turning off the phone and computer. Avoid burnout by scheduling focused blocks of time away from anything related to work. Hopefully, these will be full days, unencumbered, away from the business environment altogether.
Most people have developed a place to escape from their business life or an activity that helps them transition from a frantic hustle-bustle into peacefulness, tranquility, serenity, and resolve. A personal tune-up comes to mind.
The escapee can divorce from work and, no matter how temporary, can figure out how to spend free time away from societal pressures. And there are many. If you would like a copy of my article Escape from the Jungle, you can find it on this website. I refer to this location as my Mental Hobby Shop, where I can completely detach from work and focus on my interests.
This time management system and becoming a self-starter are learned processes, not events, and their use should become a lifelong habit. However, everyone occasionally needs a tune-up or reminder.
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Isabelle Guarino trains and teaches entrepreneurs and investors at the Residential Assisted Living Academy.
She has extensive experience in building brands, launching this company and many more into national recognition while running the day-to-day operations.
She is responsible for the creation and success of the Assisted Living Conference, the Assisted Living Network Podcast, RAL National Association, Recovery Housing Academy, Pitch Masters Academy, and most of the Impact Housing Group’s companies. With a background in Business Marketing and Communications, from interning at Walt Disney World, to working at two Fortune 500 companies, she is a true leader in business development and operations.
Isabelle has spoken across the country to 100,000’s of investors and entrepreneurs, she is a 2x Best-Selling author and has been featured in major magazines and articles nationally. She was named both “Future Leader” in the Senior Housing industry and “Top Senior Housing Influencer”.
She is THE most sought-after coach and trainer in our country for all things “RAL”! Isabelle’s goal is to carry on her father’s legacy by training investors & entrepreneurs how to… “Do Good & Do Well”.Whether you’re a seasoned investor or new to real estate, this webinar will equip you with actionable strategies to diversify your portfolio and achieve consistent returns.Seats are limited, so secure your spot now!
Take the first step towards becoming a private lender and making your money work smarter for you. See YOU on the webinar!
LEARN MORE ABOUT THE ACADEMY:
Residential Assisted Living Academy Bio
Residential Assisted Living AcademyTM is America’s premier training organization in this unique and specialized niche’ of opportunity. Launched in 2012 by entrepreneur / real estate investor Gene Guarino, Residential Assisted Living Academy TM has trained hundreds of investors, business owners and entrepreneurs in this new and exciting field of opportunity.
With 77 million Baby Boomers preparing to retire over the next several decades, residential assisted living is a comfortable “home-style” alternative to institutional living such as a nursing home. This “silver tsunami” mega-trend makes for a huge financial opportunity for those prepared to position themselves for success.
In 2021, when Gene Guarino passed away his daughter and heir Isabelle Guarino stepped up to take the company to the next level. She is carrying on Gene’s legacy and leaving a mark on this senior housing industry by helping students open one RAL at a time.
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Individuals around us exhibit diverse attitudes and behavioral patterns. We may fit into one or more ourselves. Make sure they are positive cohorts.
By Dan J. Harkey
Summary
Kindred friendships may start as a business acquaintances, and grow into a deep and meaningful bond, with a strong sense of connection, understanding , and compatibility.
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Overview:
Let’s ask a few simple questions:
What kind of person do you want to go to dinner, have a drink, and socialize with for the evening? This question pertains to social preferences and the impact these individuals can have on your personal and financial well-being.
What kind of person do you want to engage in a conversation, back-and-forth debate about the best president, leader, new laws, actions by government, actions by corporations, culture, or direction for the economy?
What kind of person do you want to invite into your mentor group who will serve as your support person and develop a complete understanding of you and what you are about, with the full knowledge that the purpose is to be your guide in accomplishing your goals?
What kind of person will listen attentively, passionately, and focus on you as you lay out your strategy and agenda in your pursuit of success?
What kind of person will give the most vital, direct, constructive feedback to help you accomplish your goals?
Will you do the same for your friends and associates?
For the above questions, if you are invited to become their mentor and support person, which personality would they prefer?
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We are an extension of the people that we associate with. This means that the attitudes, behaviors, and even the success of those we spend time with can influence our own. Therefore, it’s not just crucial, but empowering to choose our associations wisely.
Understanding and Empathy: All personality types are ever-present in our lives and businesses. Whether family, neighbors, friends, acquaintances, relatives, business associates, or prospects exist and need to be addressed. Treating them with tolerance, dignity, and respect may be challenging, but it’s crucial to our growth and development, and it fosters a sense of compassion in us.
Be Prepared: We cannot systematically eliminate all personality types that do not fit our preferences. We must work closely with them daily to achieve our personal and financial goals. Identifying and understanding one’s personality type not only enables us to approach it more effectively but also opens our minds to the learning opportunities that arise from working with diverse personalities.
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Sometimes Borrowers Need a Fresh Start and Stabilization to Clean Up Past Problems
By Dan J. Harkey
Summary
Some fantastic people will work 15 hours a day to make sure that their vision is successful.
Real-life example: a successful closing
Consumers, businesses, or a combination of both can use debt consolidation loans. A funded loan typically reduces the borrower’s monthly payment obligations. Paying off accrued credit card debt and miscellaneous debt should enable the borrower to improve their credit rating and obtain a long-term bank loan.
Private money loans serve as a crucial bridge, alleviating the burden of multiple financial obligations. They guide borrowers to the other end, where they can navigate the institutional loan process and secure a long-term loan. This relief is not just a benefit; it’s a lifeline, offering a profound sense of peace of mind and a clear financial path.
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The borrower’s mortgage broker states:
My client runs a commercial bakery. It operates from 3 a.m. and delivers bakery goods to donut shops, grocery stores, and boutiques by 7 a.m. Its customer base is within a 10-mile radius of the bakery. They were forced to shut down during the COVID-19 fiasco, but had ongoing expenses, primarily fixed, since their employees were laid off. They hobbled along, accruing a debt of approximately $110,000 through bank loans, a government loan, and credit card debt.
Their business has improved dramatically, but with the hangover, accrued debt averaging 28% interest, they need some breathing room and a fresh start.
They need a second trust deed on their home to eliminate the high-interest rate accrued debt. A second trust deed is a second loan on a property that already has a first trust deed. In simpler terms, it’s a way to use the equity in their home to secure a loan. Their house is valued at $ 1,500,000 with a $650,000 first long-term trust deed. They request a $300,000 second trust deed, payable interest only, due in 36 months. The loan-to-value ratio is 63%, within the lender’s parameters.
Since the loan proceeds are primarily used to pay off business debt, the loan is not considered a consumer-purpose loan subject to Truth in Lending (TILA).
The lender responds:
We frequently encounter situations like this, where small entrepreneurs find themselves in a bind due to unforeseen circumstances such as the COVID-19 fiasco. It’s a stark reality that big corporations were considered systemically important and, therefore, exempt from shutdowns, while smaller players were left to fend for themselves. We understand your challenges and are here to help, offering not only our financial support but also our deep understanding and empathy.
We have reviewed the borrower’s application, background search, credit report, application, financial statement, and bakery financials. They are making a reasonable effort. We will provide sufficient funding to stabilize their business and personal lives.
A significant part of our due diligence is verifying that this loan is considered a business purpose rather than a consumer purpose loan. Business-purpose loans are made for 1 to 4 residential units of real property, where the loan proceeds are used primarily for business purposes. In contrast, a consumer-purpose loan is one in which the proceeds are used mainly for personal, family, or household purposes. ‘Primarily used for business’ is essential. This means that a portion of the loan proceeds, exceeding 50%, must be used for business purposes. A percentage of the loan proceeds (less than 50%) may be for consumer purposes.
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A consumer-purpose loan is one in which the proceeds are used primarily for personal, family, and household purposes. Our company does not make consumer-purpose loans because the regulatory environment is so strict against the lending company if a borrower defaults. We are committed to providing loans primarily used for business purposes.
Let’s get started. The process is designed to be straightforward, with an underwriting closing time of 14 business days. Underwriting is the process of evaluating the risk of lending to a particular borrower. We will guide you through each step to ensure a smooth process, making you feel at ease and confident in the process.
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Network with investors, broker/agents, exhibitors, sophisticated and accredited investors from throughout CA — as well as from around the country! If you are serious about personal finance, join us to learn about real estate and the business of brokering! In addition to real estate, this event will lay the foundation for personal finance strategies for all who attend.
Only a few tickets remain for Realty411’s INVEST WITH CONFIDENCE EXPO. This insightful and powerful event is a must to attend, get details at Realty411.com — We’ll see YOU there…
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Financial Elder Abuse in America is at Crisis Proportions
by Dan J. Harkey
Summary
We have degraded our society to encourage entitlements and pursue unearned benefits and parasitic behavior, where criminal-based exploitation has little or no consequences.
Real Life Example:
In a real-life scenario, a grandson, the successor trustee of a family trust, requested a loan using his grandmother’s trust property. This raised suspicions of financial elder abuse, as the grandson intended to use the loan for personal gain rather than for the benefit of his grandmother.
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Article:
The Loan Request:
My client is a 94-year-old lady in a retirement home. Her husband has passed away. The property title is in a family trust with multiple beneficiaries, and the grandson acts as successor trustee. The estate will be settled upon Grandma’s death, and proceeds will be distributed to the numerous family beneficiaries. The successor trustee, the grandson, wants to borrow money, using the free and clear single-family asset held in the family trust, as collateral to purchase a franchise business he intends to operate.
Borrower background:
The trust document authorizes the successor trustee (grandson) to convey title in a sale or borrow against the property as the single signer.
The free and clear property is valued at $800,000. The grandson desired to sell the property with the option of purchasing it back in 24 months for maximum cash-out to acquire a franchise business for himself as a 100% owner. His chosen method to obtain capital for his business franchise purchase was to quickly sell the property at a steep discount to get his greedy hands on the proceeds.
The ‘greedy’ grandson planned to borrow quick money and use the property as collateral while waiting for a sale and closing. He was referred to a hard money lender, a private lender typically providing short-term loans secured by real estate, for a short bridge loan. A hard money lender typically provides loans with higher interest rates and shorter terms, often used for real estate investments or in situations where traditional financing is unavailable.
The remaining family beneficiaries did not know that their future inheritance financial benefits would be misappropriated and permanently lost by one greedy relative. Like millions of others, the sociopathic grandson dwells in a self-absorbed dreamland of entitlement. I have met a few of these terrible people.
The competent lender responds.
The lender representing trust deed investors to originate this loan asked the procuring borrower’s loan broker if the elder had legal counsel to represent her interests. Would the borrower’s counsel provide a letter stating that Grandma understood this transaction’s material facts and ramifications? Would you happen to know if the transaction is an appropriate financial decision?
When asked if the elderly grandmother had legal counsel to represent her interests, the loan broker representing the grandson responded. Yes, a lawyer involved only represents the grandson. This response raised a major red flag, as it indicated potential collusion. The lawyer, who only represented the grandson, may have been willing to participate in defrauding the grandmother in the scheme to misappropriate unearned benefits away from the estate.
Any equity or proceeds from the sale of the property or loan proceeds should be reserved to pay for Grandma’s housing and continuing care.
Any prudent and knowledgeable real estate or mortgage broker representing private money trust deed investors will decline this loan request. The procuring borrower’s loan broker representing the greedy grandson will likely continue dialing for dollars to find another sucker lender dumb enough to arrange this transaction.
A procuring loan broker involved in this transaction is a bona fide scoundrel, a term used to describe a person who is genuinely and notoriously dishonest or dishonorable. The property equity has gone, the grandson takes money for personal use, other beneficiaries get screwed, and there is no money to care for grandma’s medical and living expenses. The parasitic scoundrel was waiting for Grandma to die to cover up this fraud. I call this effort ‘Felony Stupid.’
Yes, fraud, elder abuse, and negligent misrepresentation will surface when the beneficiaries left out of their rightful inheritance file a lawsuit against the grandson, mortgage brokers, the borrower’s lawyer, and investor(s) who purchased the trust deeds.
Any reasonable loan broker will run for the hills or hop on a bus, Gus, and drop off the Key Lee to avoid this transaction.
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Comments:
Financial elder abuse relates to the misappropriation of financial resources or assets. An abuser will take, misallocate, misappropriate, secretly obtain, or retain the real or personal property of an elderly or dependent adult for wrongful use, intending to defraud. This is a prevalent issue that requires immediate attention and action.
Third-party support staff members have daily contact and access to older adults and work to instill confidence and trust. Trusted individuals, like family members, paid caregivers, and nursing home staff members, commit most elder abuse cases. We read about these incidents daily. Misappropriating an older person’s financial interests, personal abuse, or intentional negligence is fraud. Known incidents should result in the perpetrator’s prosecution. Unfortunately, too many get away with the abuse because incidents go unreported.
As a real estate professional, your vigilance and awareness can significantly reduce financial elder abuse. Watch for signs of potential financial misappropriation or misrepresentations by any parties. Your feelings or voices are an acting guide to rightness or wrongness. Avoid any transactions that do not pass the conscience test. By being vigilant, you can play a crucial role in preventing such abuse and protecting vulnerable individuals.
The problem is that some people who are described as sociopaths or antisocial personality disorder are said to lack remorse or filter decisions through a conscience. They generally have no bad feelings about their actions that harm others. In the U.S., between 6.25 and 17.7 percent of adults are considered sociopaths, with an average of about 12%. 12% of approximately 260 million adults equals 31 million. The walk among us; ponder that!
All involved parties should be self-aware and vigilant at first notice if a person cannot care for or make decisions for themselves. The self-aware person is the one who notices through personal interaction that something is not right, will notify related parties, and take the necessary action to remedy the situation, whether temporary or permanent. This person is a hero and a star! Millions of people are these heroes and get no credit for their efforts.
Statistics suggest that only 1 in 44 financial abuse cases are reported, according to the National Adult Protective Services Association (NAPSA). Reporting is not just important; it’s crucial. NAPSA also notes that elderly victims of financial abuse are three times more likely to die and four times more likely to enter a nursing home without sufficient funds to care for themselves. By reporting, you can help prevent these dire consequences. Your actions can make a significant difference in the lives of vulnerable individuals.
Elders will be victims of financial crimes perpetrated against them for about 20% of $73 trillion, or $14,600,000,000,000 (trillion with a capital T and 12 zeros) assets that otherwise should go to future beneficiaries will be misappropriated or stolen. This staggering figure underscores the prevalence and urgency of the issue.
An estimate of the average baby boomer family wealth might be $2,000,000. The calculation means that there would be an estimated 20% of the wealth (14,600,000,000,000/2,000,000=7,300,000) separate incidents of elder financial abuse. This prevalence is alarming. For this estimate, let’s assume this is over ten years +/—730,000 separate elder abuse incidences per year, or 2,000 new ones every day. This awareness should prompt us to be more cautious and vigilant.
We have degraded our society to encourage entitlements and pursue unearned benefits and parasitic behavior, where criminal-based exploitation has little or no consequences. Any act of eroding a person’s lifetime earnings and financial stability is an unheard-of, terrible act. Any involvement by a fiduciary is a fraud.
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For many American homeowners, the bulk of their net worth is created by the long-term equity creation in their primary home. Later in life, the home wealth may be used as a way to pay for medical expenses for the homeowners or other family members whether or not they have sufficient amounts of medical or life insurance benefits.
Here in 2025, the big three monthly expenses for a high percentage of Americans are medical, insurance, and housing costs for both owners and renters. Today, these big three costs are all at or near all-time record highs. As a result, this combination of so many unaffordable expenses are financially draining for more people and it’s incredibly challenging to set aside cash reserves.
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The #1 cause of financial insolvency and bankruptcy filings here in the U.S. is directly related to unpaid medical bills. Some past surveys found that upwards of 80% of those Americans who were forced to file for bankruptcy due primarily to medical bills did, in fact, have medical insurance coverage in place at the time.
Sadly, the medical insurance coverage wasn’t high enough to cover the medical bills and/or the cash payment deductibles required to pay these bills weren’t achievable for many cash-strapped medical patients or their families.
Debt, Divorce, and Home Listings
The #2 cause of financial insolvency for Americans is due to divorce which, in turn, is most likely associated with financial stress between the once loving married couple. Oftentimes, the unpaid medical bills for one or both spouses were the major financial strain that led to both significant money pressures and the subsequent divorce, tragically.
Here are marriage, family, and divorce trends that I’ve compiled and shared over the years in articles and books as it partly relates to the most important family word that’s located right in the middle of the “single-family home” description:
Marriage and Divorce Trends
* The overall divorce rate in Orange County, CA is 72%; it’s 60% in California; and 50%+ nationwide. * 41% of first marriages end in divorce, 60% of second marriages end in divorce, and 73% of third marriages end in divorce. * The average length of a marriage in the U.S. that ends in divorce is 8 years from start to finish. * Couples who spent more than $20,000 on their wedding were 3.5 times more likely to divorce than those who spent between $5,000 and $10,000, as per Emory University. * Unmarried parents who live together are more likely to break up than married parents, per the Brookings Institute. * Since 1990, divorce rates for people over 50 have doubled; they’ve tripled for people over 65. * The U.S. now has the highest percentage of single-person households in the world and lowest marriage rates ever. * U.S. fertility rates are the lowest ever, as fewer babies are born. * USA is #1 for highest teen pregnancy rate in the industrialized world. * Approximately 50% of children are born to unmarried women under 30 here in the USA.
These ongoing declining marriage and family trends will likely negatively impact future single-family home trends at some point in the future.
The divorce then inspires the homeowners to sell their family home to pay off both the unpaid medical bills and the rising legal costs associated with the ongoing divorce and unpaid collections related to the medical bills.
There are more than 1.2 million spouses involved in a divorce nationwide each year, as per sources like the CDC. Roughly 61% of all divorcees involved in a divorce end up listing their primary family home which, in turn, works out to more than 732,000 home listings per year that are as a result of divorce, per sources like Smart Agents.
Because there’s an epidemic of skyrocketing unpaid medical bills, financial insolvency, and subsequent divorces, there’s an increasing number of real estate agents who focus on divorce listings for homeowners who really have very few options but to sell their beloved family homes to pay off their expenses.
Medical Debt, Insufficient Insurance & Bankruptcy
An estimated 100 million Americans owe more than $220 billion dollars in medical bills despite the passage of the Affordable Care Act (ACA) back in 2010.
Approximately two-thirds, or a rather devilish 66.6% of Americans, who file Chapter 7 (complete liquidation) or Chapter 13 (bankruptcy payment plan over a few years) bankruptcy do so primarily due to unpaid medical bills, according to sources like SmartFinancial. As per this same medical bill and bankruptcy analysis, it’s equivalent to 550,000 people each year who file for medical bill-related bankruptcy protection even though 80% of these same indebted consumers had health insurance coverage at the time of their bankruptcy filing.
There are many more U.S. consumers who have unpaid medical bills who don’t file for bankruptcy protection than those people who do file for bankruptcy by a factor of more than 30-to-1.
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For example, upwards of 14 million people, which is about 6% of American adults, owe more than $1,000 in unpaid medical bills. Additionally, another three million Americans owe more than $10,000 in medical bills. If true, this works out to 17 million Americans with unpaid medical debt as compared to 550,000 Americans who file for bankruptcy each year due partly to medical debt at a ratio of more than 30-to-1.
These unpaid medical bills can later end up as collection accounts with more aggressive debt collectors who may report the debt on a consumer’s credit report. If so, the declining credit scores for certain consumers can make it very challenging to qualify for various types of consumer loans such as for credit cards, automobile, business, and mortgage loans.
Homeowners who have too much wealth to file for bankruptcy protection from unpaid medical bills do have several ways to pull cash out of their home or investment properties as I’ve shared in past articles such as How to Leverage Real Estate to Reduce Medical Debt.
Is insurance the new “mortgage” payment?
An increasing number of Americans may pay more for medical insurance each month than they do for housing expenses as either a homeowner or tenant. For others, they may pay more each month for homeowners or landlord insurance premiums than they do for mortgage or rent payments, especially in certain high-risk insurance regions like Florida and California.
Past articles from sources like the New York Times have described health care insurance payments as the “new mortgage” for many homeowners who are now struggling to pay their medical bills, insurance, and housing costs in addition to other regular bills like groceries.
* A bill of over $40,000 for the 20 minutes it took for a doctor to stitch a cut. * An ambulance ride of just 200 feet cost $3,421.
Younger married couples may pay more for monthly child care than they do for their monthly housing costs. If so, these rising costs for parents who want one or more children may not be financially practical for them, sadly. This is one major reason why U.S. fertility rates are now at all-time record lows.
In many high-risk flood, storm, or fire regions, the monthly homeowners or landlord insurance premiums might’ve increased somewhere between 25% and up to as high as 1,000% in recent years. As a result, the monthly insurance premiums may be much higher than the mortgage payment as I’ve shared in recent articles such as The Drying Disaster-Relief Insurance Pools.
The Housing and Insurance Umbrella Protection
The greatest form of wealth is good health and happiness. We should all focus, first and foremost, on being as healthy as possible. Otherwise, the outrageously expensive medical bills and rising out-of-pocket deductible cash payment requirements can be financially devastating.
The insurance, real estate, mortgage, and medical sectors are all tied together in many ways with money being the root link between them. We all need sufficient amounts of insurance protection to protect us from any potential known or unknown future risks for both our properties and our bodies.
If someone doesn’t have enough insurance protection in place for medical expenses and/or housing, then he or she might end up penniless and in bankruptcy court.
Again, you’re more likely than not to create the vast majority of your overall net worth from the equity gained in the ownership of your primary home. However, you’re also likely to end up broke by future unpaid medical bills that may or may not be paid 100% by your insurance carrier if you’re fortunate enough to have any medical insurance at the time of the medical billing.
It’s generally very wise to reach out to your most trusted insurance, real estate, and mortgage advisors to assist you with the most creative, affordable, and safest combinations of financial planning that can keep you and your family protected like a sturdy umbrella in an approaching dark and destructive rainstorm.
Rick Tobin
Rick Tobin has worked in the real estate, financial, investment, and writing fields for the past 30+ years. He’s held eight (8) different real estate, securities, and mortgage brokerage licenses to date and is a graduate of the University of Southern California. He provides creative residential and commercial mortgage solutions for clients across the nation. He’s also written college textbooks and real estate licensing courses in most states for the two largest real estate publishers in the nation; the oldest real estate school in California; and the first online real estate school in California. Please visit his website at Realloans.com for financing options and his new investment group at So-Cal Real Estate Investors for more details.
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https://www.realestateinvestormagazines.com/wp-content/uploads/2025/07/insurance.jpg4001000dulcehttp://www.realestateinvestormagazines.com/wp-content/uploads/2013/04/logo.pngdulce2025-07-08 04:50:272025-07-08 04:51:36The Interplay of Medical, Insurance, and Housing Financial Burdens
My father was a meticulous man. A planner. A visionary. He had prepared for everything—or so he thought. He even anticipated that he would pass away before my mother. But life had a different plan. In their 80s, they were still vibrant world travelers, exploring countries hand-in-hand, collecting memories instead of things. Illness seemed distant, even impossible. Yet when it struck, it shook everything. Without long-term care insurance in place, my father was forced to dip into the savings he worked a lifetime to build. Yes, he had managed to Create Wealth, but that wealth was never intended to be spent this way. It was a hard and expensive lesson: over $15,000 a month just to care for my mother at home.
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Imagine growing older with peace of mind, knowing that your savings are intact, your family isn’t burdened, and your care is guaranteed. That’s what I want for you—to experience Financial Growth not only in your career but also in your retirement. To live confidently, knowing you’ve structured a future that honors your work, your values, and your loved ones.
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