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4th Annual Los Angeles Real Estate GRAND Expo


Hello Real Estate Investors,

We just returned from our Lone Star Investor Wealth Summit in Texas. What a fantastic time we had meeting our readers from throughout the area. Thank you to all those who participated.

Now, we would like to invite everyone in our national and international network to join us for the 4th Annual Los Angeles Real Estate GRAND Expo. This event, which is a collaboration with two of our long-term associates and friends, is the largest real estate event we host every year!


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You simply don’t want to miss the opportunity to network with active real estate investors from throughout the Golden State, the nation and world, in sunny Southern California.

The GRAND Expo is conveniently located in West Los Angeles and is a short driving distance from top tourist attractions, shopping, restaurants and nightlife in Beverly Hills, Santa Monica, Malibu, Marina del Rey and Venice Beach.

Make your California vacation a reality by joining us at the 4th Annual Los Angeles Real Estate GRAND Expo. Meet us for just one day and make connections for life. For additional details, please read below.

4th Annual Los Angeles Real Estate Grand Expo

We are very excited to announce our 4th Annual Los Angeles Real Estate Grand Expo. The Grand Expo returns on Saturday, October 21, 2023, 9:00 am to 6:00 pm. We’re taking over the entire Iman Cultural Center for the day – it’s all ours!

The North Hall (vendor exhibition area), the South Hall (workshops), and the middle parking lot (loaded with workshop tents and food trucks). The theme of this year’s Grand Expo will be “Hedge Inflation – Buy Real Estate”.

Last year, the Grand Expo was the largest real estate event in Southern California. We had over 800 investors, 64 vendors, and 12 national speakers…this year will be even BIGGER! An entire day celebrating real estate investing and you can be involved. Best of all, the Grand Expo will be FREE to attend.

This Expo is going to be big, really BIG! We are hosting investors from around the nation once again.


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EDUCATORS. There will be national guest speakers (in three breakout rooms). Here is a partial list of our top educators:

1. Jonah Dew – “The Money Multiplier”
2. Eddie Speed – “Buying Discounted notes”
3. Rusty Tweed – “1031 Tax-Deferred Exchanges”
4. Joe Arias – “How to Get Started Investing”
5. Christopher Meza – “Developing Raw Land”
6. Tony Watson – “Tax Advantages for R.E. Investors”
7. Dani & Flip Robison – “Fixing & Flipping Houses”
8. Abbas Mohammed – “Investing in Multi-Residential Properties”
9. Marco Kozlowski – “How to Buy Lots and Lots of Houses”
10. Amanda Brown – “Invest in Commercial Real Estate”
11. Shawn Tiberio – “Marketing for Real Estate Investors”
12. Joseph V. Scorese – “How to Finance Your Next Deal”
13. Jeremy Rubin — “From Employee to $100M in Flips”
14. Steve Price (Keynote) – Vice President at Auction.com

INVESTMENT EDUCATION. An all-day in-depth educational extravaganza celebrating real estate investing. Most importantly, this will NOT be a sales pitch. So regardless of whether you are a new investor, already own properties, or are very experienced, our Grand Expo is for you!

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Update on Events in PA, CA and More!

Please review this important post. Thank you.


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Dear Readers,

We are thankful to all of our subscribers, friends, and sponsors who are helping us host and/or co-produce many LIVE events around the country! We hope to reach many of you in person in the next few months.

We have more LIVE events in CA and PA coming up this year. Plus, we are already promoting The Great Mile High Real Estate Investors Summit in beautiful Colorado next year, too!

Be sure to scroll down and review information about each unique event. Even if you are not in the area, perhaps you can refer a friend, associate or family member to join us. We would certainly appreciate your support.

Don’t miss the opportunity to connect in Philadelphia, Pennsylvania once again for an insightful educational boot camp. At this event, guests will have the opportunity to learn directly with top business and real estate leaders.

Experienced educators will share their knowledge and strategies for guests to have a better understanding of the current real estate market. Join us and gain the insight to implement a game plan for success. This boot camp will include top-level industry information and fantastic networking.


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4th Annual Los Angeles Real Estate Grand Expo

We are very excited to announce our 4th Annual Los Angeles Real Estate Grand Expo. The Grand Expo returns on Saturday, October 21, 2023, 9:00 am to 6:00 pm. We’re taking over the entire Iman Cultural Center for the day – it’s all ours! The North Hall (vendor exhibition area), the South Hall (workshops), and the middle parking lot (loaded with workshop tents and food trucks). The theme of this year’s Grand Expo will be “Hedge Inflation – Buy Real Estate”

Last year, the Grand Expo was the largest real estate event in Southern California. We had over 800 investors, 64 vendors, and 12 national speakers…this year will be even BIGGER! An entire day celebrating real estate investing and you can be involved. Best of all, the Grand Expo will be FREE to attend. This Expo is going to be big, really BIG!

SPEAKERS. There will be national guest speakers (in three breakout rooms). Here is a partial list of our top educators:

1. Jonah Dew – “The Money Multiplier”
2. Eddie Speed – “Buying Discounted notes”
3. Rusty Tweed – “1031 Tax-Deferred Exchanges”
4. Joe Arias – “How to Get Started Investing”
5. Christopher Meza – “Developing Raw Land”
6. Tony Watson – “Tax Advantages for R.E. Investors”
7. Dani & Flip Robison – “Fixing & Flipping Houses”
8. Abbas Mohammed – “Investing in Multi-Residential Properties”
9. Marco Kozlowski – “How to Buy Lots and Lots of Houses”
10. Amanda Brown – “Invest in Commercial Real Estate”
11. Shawn Tiberio – “Marketing for Real Estate Investors”
12. Joeseph Scorese – “How to Finance Your Next Deal”
13. Jeremy Rubin — “From Corporate Employee to $100M in Flips”
14. Steve Price (Keynote) – VP at Auction.com.

INVESTMENT EDUCATION. An all-day in-depth educational extravaganza celebrating real estate investing. Most importantly, this will NOT be a sales pitch. So regardless of whether you are a new investor, already own properties, or are very experienced, our Grand Expo is for you!


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NEW MAGAZINE!

Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411.com or our Eventbrite landing page, CLICK HERE.

SOAR Energy Partners with Gryphon Roofing to Reduce Energy Bills of Arizona Residents

Homeowners in Phoenix, Glendale, Scottsdale, Gilbert and Chandler can securely install rooftop solar systems that decrease utility costs by up to 40 percent

PHOENIX, Arizona — SOAR Energy, the #1 fastest growing solar company powered by Better Earth, today announced its partnership with Gryphon Roofing, a leading residential and commercial roofing contractor servicing Arizona, which holds the second highest solar potential in the nation according to the U.S. Energy Information Administration. SOAR has also named Gryphon Roofing its Preferred Roofing Partner within the state, operating in Phoenix, Glendale, Scottsdale, Gilbert, and Chandler markets.  

The move comes as utility rates continue to skyrocket across Arizona, with Arizona Public Service (APS) charging nearly 30 cents per unit of energy during summer’s peak season. Residents can turn to renewable energy alternatives and reduce their energy bills by up to 40 percent. Both Gryphon Roofing and SOAR Energy share a mission of making rooftop solar energy easy and comfortable with little to no consumption changes necessary by the homeowner.


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“Facing the wrath of high utility costs, homeowners in many of Arizona’s largest markets are choosing to make their homes more energy efficient through solar,” said Brian Decker, CEO of SOAR Energy.

“By partnering with the Gryphon Roofing team, who is highly recognized across Arizona and serves as the preferred roofer for some of the country’s largest hedge funds, residents will be able to confidently make the shift and take power back into their own hands without having to pay out of pocket for their solar system.”

According to the U.S. EIA, Arizona also ranks among the top five states in total solar-powered generating capacity from utility and small-scale installations, with nearly 5,500 megawatts. Further, Arizona’s residential sector consumes more electricity than 75 percent of states and more per capita than 70 percent of states. Residents can receive a federal tax credit of up to 30 percent if their roof needs to be replaced while installing their system, as well as be reimbursed by APS for excess power that is produced and not used.

“Leveraging both Gryphon Roofing and SOAR Energy’s unmatched rooftop capabilities, we’re looking forward to installing reliable solar systems for homeowners across major Arizona markets and getting them on track to saving money,” said Russel Hyman, CEO and President at Gryphon Roofing.


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“Our crews specialize in seamless installation and repair, so through this partnership, homeowners can be confident in their solar systems.”

The partnership will be in effect immediately and homeowners interested in renewable energy for their homes can find more information at www.soarenergy.com/.


Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Unlock the Path to Business Success: 10 Tips for a Thriving Future

By Kris Miller

Are you ready to take your business to new heights? The journey to success is filled with twists and turns, but fear not! We’ve got the ultimate guide to steer you towards triumph and prosperity. These 10 business tips will ignite your entrepreneurial spirit and pave the way for a brighter future. Get ready to level up!


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  1. Use It or Lose It – Maximize Your Annual Exclusion: Tap into the power of the annual gift tax exclusion. Gift to your heart’s content without tax consequences. Share the joy of giving while saving big!
  2. Harness Your Gift Tax Exemption – Unlock your lifetime gift tax exclusion of $1,000,000! It’s time to make your mark and leave a legacy with strategic gifting.
  3. Pay It Forward – Tuition and Medical Expenses: Seize the opportunity to pay tuition and medical expenses without worry. These generous gestures won’t come with taxable gift strings attached.
  4. Preserve Your Estate Tax Exemptions – Plan Ahead: Take charge of your estate’s future. Prepare for the unknown with a robust estate plan. Expect the best, but plan for the worst.
  5. Fund a 529 Plan – Empower Future Scholars: Invest in education with a 529 plan. Watch your savings grow tax-free while supporting the next generation of bright minds.
  6. Choose a Guardian – Secure Your Kids’ Future: Family comes first! Ensure your kids are protected by choosing a trusted guardian. Rest easy knowing they’re in caring hands.
  7. Create a Will or Living Trust – Shape Your Legacy: Shape your legacy with a carefully crafted will or living trust. Don’t let your estate fall into the wrong hands. Take control of your future now.
  8. Power Up – Secure Your Financial and Health Decisions: Be the captain of your ship. Get a Power of Attorney for Financial & Health decisions, empowering you to navigate life’s challenges.
  9. Secure Your Retirement – A Plan That Lasts: Don’t leave your retirement to chance. Review your IRAs and 401(k)s to ensure a secure financial future. Take control and plan for the long haul.
  10. Protect Your Future – Long-Term Care Coverage: Prepare for the unexpected. Secure coverage for long-term care and catastrophic nursing home needs. Your peace of mind is worth it.

Don’t Wait – Embrace Your Journey Now!

Success and prosperity await, but it’s up to you to seize the opportunity. Don’t let time slip away. Take charge of your business, estate, and health. Safeguard your assets and pave the way for a remarkable future.

No one plans for misfortune, but planning for it is the key to financial freedom. Embrace the power of giving, reduce taxes, and step confidently into the realm of success. The time is now, get started on your path to triumph today!


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Schedule a Free Financial Fitness Strategy Session with Kris Miller, LDA

Legacy Wealth Strategist #1 Bestselling Author, Speaker & Educator

Use the Calendar Below to Schedule Your One-On-One Session with Kris

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30+ years of experience assisting others in growing & protecting their wealth. Helped more than 6,000 families avoid financial disaster by strategically planning for their futures. Not one person has lost a single dime on her watch. Her clients learn how to change their families’ financial realities and create incomes they will never outlive

For more Healthy Money Tips:

linktr.ee/healthymoneyhappylife

[email protected]

Phone (951) 926-4158


Kris Miller

Legacy Wealth Strategist
LDA Document Services
https://calendly.com/krismiller


Healthy Money Happy Life
Make an Appointment with Kris

CA Insurance License OC25427 I am not an attorney. I can only provide self-help services at your specific direction. Should you need legal advice, you will need to consult an attorney. We do Estate Planning, Wills, Living Trusts, Power of Attorney, Health Care Directives and Deeds. Legal Document Assistant in Riverside County, California LDA #000041 Riverside County, expiring 10/15/2021


Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Tampa Bay’s Thriving Luxury Market Draws Nationwide Attention

By Moisés Agami, CEO of Valor Capital

Tampa Bay, a region comprising Tampa, St. Petersburg, and Clearwater, has become a magnet for people looking to relocate and invest in luxury real estate. This coastal gem continues to shine as a leading destination for wealthy Americans seeking a luxury lifestyle and a serene setting for their ideal home. With its renowned beaches, striking architectural designs, diverse dining experiences, and vibrant cultural fusion, Tampa Bay is a paradise drawing a substantial influx of the affluent and savvy real estate investors.


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As this wave of growth continues, the impact on the luxury real estate market in the area becomes all the more significant, solidifying Tampa Bay’s position as a top choice for luxury living. Tampa Bay’s allure as a prime location for real estate development is enticing developers and investors eager to capitalize on its soaring potential. Tampa Bay’s appeal for relocation and real estate investment is influenced by key development drivers propelling its growth and the substantial economic impact of the luxury real estate market.

Tampa Bay’s Allure for Relocation and Real Estate Investment

Tampa Bay has emerged as a highly desirable relocation destination for many reasons. Florida’s 1.9% population growth, the highest rate of any state in the nation in 2022, has not experienced a decline since 1946, making the Florida housing market one of the hottest in the U.S. This year, Clearwater Beach was given the distinction of being named the “Best in the South” by USA Today, topping the list of 20 beaches in the southern U.S. from Virginia to Texas. Tampa Bay’s rich cultural experiences stemming from its diverse mosaic of cultures further cements its widening appeal.

What distinguishes Tampa Bay is its ability to provide a luxurious and convenient lifestyle without the exorbitant price tags often associated with exclusive areas like Palm Beach and Miami. This affordability, combined with Florida’s favorable tax structure, fosters growth across all sectors, making Tampa Bay a welcoming haven for wealthy Americans and international buyers searching for a second home or wise property investments.

Key Drivers of Tampa’s Growth and Development

Tampa Bay’s burgeoning growth and development can be attributed to several pivotal factors. St. Petersburg, in particular, stands as a beacon of economic prosperity and entrepreneurship, experiencing a remarkable surge in construction and development ventures. The area’s entrepreneurial spirit and expanding job opportunities have enamored businesses and professionals, sparking a significant influx of older millennials to Tampa Bay.

Tampa Bay ranks among the top corporate relocations, as evidenced by its increased business activity fueling even more attention to its robust growth. ARK Management, LLC, relocated its corporate headquarters from Wall Street to St. Petersburg in 2021. CEO Cathie Wood stated, “We believe the Tampa Bay region’s talent, innovative spirit, and quality of life will accelerate our growth initiative. ARK is not a traditional Wall Street asset management firm, and we are looking forward to breaking the mold further by relocating to St. Petersburg, a city investing in technology, science, and innovation. Our relocation and the ARK Innovation Center will allow us to be more innovative and to impact the broader community while shining a spotlight on the technological advances and creativity permeating the Tampa Bay region.”

The Tampa-St. Petersburg-Clearwater enclave offers a blank canvas to real estate investors and developers seeking untapped potential. Prime locations abound, inviting intellectual and physical migration to Tampa Bay and luring investors seeking to seize the countless opportunities that lie ahead. Ambitious redevelopment projects like the U.S. 19 Corridor Project in Clearwater position the area as an appealing destination for those seeking dynamic and evolving cities open to fresh ideas. The plan includes a mix of housing, businesses, retail, shopping, dining, and a transit-friendly, employment-intensive destination.


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The Profound Economic Impact of Tampa Bay’s Luxury Real Estate Market

The luxury real estate market in Tampa Bay wields a profound economic impact. The ever-growing demand for luxury homes keeps Tampa Bay’s real estate market at the vanguard among U.S. counties. This increase in demand has engendered an escalation in construction projects, further bolstering the location’s economic growth. In the last fiscal year, St. Petersburg issued nearly 37,000 building permits, representing a construction value exceeding $1 billion.

Moreover, the influx of prosperous residents and real estate investors has provided an additional boost to various industries in Tampa Bay. Finance, manufacturing, marine and life sciences, IT, data analytics, creative arts, and design are among the prominent industry sectors in St. Petersburg, employing thousands of local residents and offering lucrative careers. The growth in the luxury real estate sector has beckoned businesses, corporations, and entrepreneurs to the metropolitan area, injecting fresh vitality into its economic prospects.

State-of-the-Art Luxury Amenities in High Demand

Luxury home buyers today are in pursuit of residences that epitomize first-class living while elevating health and wellness. The pandemic has underscored the value of fresh air intake and touchless entry systems, driving demand for innovative, cutting-edge building designs that prioritize health and well-being. In response, state-of-the-art technology, such as UV-disinfecting lights on common area HVAC units, has emerged as a sought-after feature in luxury homes.

In addition, enterprising professionals and empty-nesters seek convenience and luxury in the vibrant urban heart of downtown St. Petersburg. The St. Pete Innovation District, with its ultramodern technologies and medical facilities, appeals to those seeking a dynamic urban atmosphere. Coveted amenities like wellness facilities, spa-like retreats, and energy-efficient designs have become integral components of luxury homes, catering to the desires of affluent buyers yearning for a serene and sophisticated lifestyle.

Tampa Bay Continues To Captivate

Tampa Bay’s thriving luxury market continues to attract nationwide attention as this coastal haven entices individuals looking to relocate and invest in luxury real estate. Its unparalleled beaches, diverse cultural experiences, and vibrant urban settings make Tampa Bay a veritable paradise for discerning individuals and shrewd investors. As the demand for luxury living grows, Tampa Bay’s allure as a prime location for real estate development builds. The luxury real estate market’s substantial economic impact underscores its pivotal role in the locale’s growth and prosperity. Furthermore, as homebuyers seek high-end amenities that blend health and wellness, Tampa Bay remains the epitome of relaxed luxury against the backdrop of a picturesque paradise.


About Moisés Agami, CEO, Valor Capital

Entrepreneur Moisés Agami took his first company public at the age of 25. His global businesses are built on cutting-edge technology, like Valor Capital that was formed in 2010, when Agami incorporated his technological and quality-assurance acumen to team up with a group of entrepreneurs who have a four-decade history of real estate developments with tens of millions of square feet in office, hospitality, medical, commercial and luxury residential product offerings. Valor Capital has truly revolutionized the industry with its “safety and wellness-based” engineering, focusing on building design features that maximize personal well-being. Agami enjoys finding real estate “gems” that are not currently on the monetizing radar of the average real estate mogul. He has facilitated several high-profile luxury projects along the Gulf Coast of Florida with future sights set on North Carolina, and Texas, where he can lead the way for other developers and entrepreneurs. https://valorc.com/


Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

eXp Realty Welcomes Bean Group Brokered by eXp Realty

Brokerage is first to join through newly launched ‘Boost’ program

BELLINGHAM, Wash., — eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today welcomed Bean Group Brokered by eXp Realty as the first brokerage to join through Boost – eXp’s newly launched brokerage incentive program.

Bean Group was founded in 2003 with a focus on exemplary customer service, online marketing, and technology-forward lead generation. The company grew quickly to be a top brokerage in Northern New England. Today their annual sales volume exceeds $1.5 billion and they are one of the largest brokerages in New England, with hundreds of real estate professionals across Maine, Massachusetts, New Hampshire and Vermont.


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The company is the first to join eXp Realty through its Boost program, which was designed to financially incentivize qualifying independent teams and brokerages to join eXp Realty.

“The eXp platform was built to help agents and teams succeed and thrive, and with Boost we are joining together with independent teams and brokerages that share our values, culture and growth goals,” said Michael Valdes, eXp Realty Chief Growth Officer. “Bean Group agents can now immediately start reaping the benefits of our agent-centric culture and aligned compensation model.”

The combined market share of Bean Group and eXp Realty puts eXp at No. 3 by market share in New Hampshire and No. 2 in Maine, up from No. 5 and 3 respectively.


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“By joining eXp Realty, we get the best of both worlds,” said Bean Group CEO Michael Bean. “We can maintain our boutique culture, brand and heritage while adding the unparalleled scale and resources of eXp Realty. Its agent-centric culture and benefits align closely with ours, and with this transition, we will deliver on our mission to help our agents and teams build successful real estate careers.”

Boost launched in June to provide financial incentives to independent teams and brokerages that are culturally aligned with eXp Realty, have more than 50 agents and a minimum of $100 million (US/CAN) in sales volume in the originating country over the previous 12-month fiscal period. International qualifications to be released. Additional qualifications apply. Cannot be affiliated with any non-independent franchise.


Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.

Lone Star Wealth Summit Information — See YOU Soon!

Dear Summit Guest,

We are excited you can share the day with us this Saturday, Sept. 16th, for the Lone Star Investor Wealth Summit.

Be sure to arrive early to get the best seating — a few VIP tickets are also still available for purchase to upgrade your seating, see link below.

ALSO: We added a few complimentary tickets for you to bring a guest!

But hurry, because only a few remain, thank you. Also, parking is FREE so don’t worry about that either.

This is the event you’ve been waiting for! Get ready to expand your portfolio and connect with active investors from around the nation.

Whether you’re a seasoned investor or just starting out, this summit is designed to provide you with the knowledge, strategies, and networking opportunities you need to succeed in the real estate market.

Don’t miss out on this incredible opportunity to learn from industry experts, gain insights into the latest trends, and discover the secrets to building wealth through real estate investing. Plus, there will be plenty of time to mingle with like-minded individuals and form valuable connections that can take your investments to new heights.

NEED MORE TICKETS? Click the link below to reserve your seat today.

LEARN MORE OR RESERVE MORE TICKETS NOW:

https://www.eventbrite.com/e/530755121857?aff=oddtdtcreator

Enjoy a day of learning and networking. Our educators include:

* Chander Mishra MD MBA CPE FASE FASA FAACD – Blue Ocean Capital
* Bob Bluhm, Esq — Asset Protection Attorney & Public Speaker
* Brad Blazar – Founder of Capital School – Raised Over $2B in Private Capital
* Joseph Kimbrough- Apex Real Estate Investments
* Brian Carlson – Subject-To Real Estate Academy
* Joseph V. Scorese – BRRR Loans
* Steve Davis – Total Wealth Academy
* Jimmy Reed – 1REclub.com
* Jonah Dew – The Money Multiplier
* Jim Edenfield – Invest Success
* Tim Emery – Great Mile High Investor Summit
* Arnie Abramson — Texas Tax Sales
* Joel M. Desilets – Damascus Partners, LLC
* Seth Desilets – Damascus Partners, LLC
* Paul Finck, The Maverick Millionaire ®
* AND MANY MORE!

LEARN MORE OR RESERVE MORE TICKETS NOW:

https://www.eventbrite.com/e/530755121857?aff=oddtdtcreator

BE SURE TO DOWNLOAD THE EVENT SCHEDULE: https://joom.ag/PcNd

Best regards,
Linda

Credit Fears – Fight, Flight, or Freeze

By Rick Tobin

What you avoid in life controls you, so you must confront it or attack it head on for the pain and fear to dissipate.

At our true core, we have just two root emotions – love and fear. All other feelings are just other sides or aspects of love (compassion, generosity, trust, empathy, etc.) and fear (guilt, shame, anger, envy, greed, etc.). As it relates to money, most people quickly react with fear when making financial decisions with a “fight-or-flight” type of fearful reaction.

Many people, sadly, freeze up with “deer-in-the-headlights” type of looks and do nothing until it’s too late. If so, the months or years of stress holds them back like an anchor and the financial trauma may continue to worsen.

Fight: Medical bills and divorce are the two main causes of financial insolvency and bankruptcy here in the US. Many times, the main argument point between once loving spouses is about household debt.

Flight: The most common reaction is to avoid the debt anchor topic partly by way of seeking out addictions (drugs, booze, excessive spending) to numb our emotions and not to think about it too much. In the short term, it may be helpful. However, it can crush you emotionally, physically, and financially in the long term.

Freeze: The proverbial “deer-in-the-headlights” is perhaps the most destructive reaction of them all. While being frozen with fear, the oncoming figurative car or train in the tunnel may eventually run you over and cause a heart attack, stroke, horrific addictions, broken relationships, or suicidal tendencies. At the same time, the maxed out credit card lenders may later start a credit freeze on the person’s account or drop their balances down to near zero.

Be Proactive, Not Reactive

Our nation is built on the issuance of credit and debt. Many times, the debt like seen with mortgages later helps us create the bulk of our net worth with increased equity gains in our real estate holdings. As such, mortgage debt can be viewed as a more positive type of debt than credit cards with an APR (Annual Percentage Rate) which can be as high as 25% to 35%+ after factoring in annual fees.

First and foremost, please write down your true monthly budget if you’re interested in reducing your debt and increasing your overall net income at the same time. Most people may think that they’re spending $3,000 per month when they’re more likely spending more than $5,000 while living off of their credit cards.

While rates have risen at a fast pace for mortgages and credit cards, payday and pawn shop loans can vary between a 300% and 500% APR while making mortgage and credit card rates seem incredibly cheap by comparison.

Between 2006 and 2014 during the depths of the Credit Crisis, there were 10 million Americans who lost their homes to foreclosure over this 8-year span. Within just a few months in 2020 (March to May), we saw almost 50% of that 10 million foreclosure number with at least 4.7 million mortgages delinquencies. However due to the pandemic designation moratoriums, a near historically low percentage of delinquent mortgages had foreclosure filings. At some point, lenders and mortgage loan servicing companies will accelerate their foreclosure filings.

To Refinance Consumer Debt or Not

A high percentage of homeowners and real estate investors these days are equity rich in their homes while cash poor. In addition, they may be paying the highest amount of monthly debt ever in their entire life partly since we’re truly facing the highest inflation rates ever in our nation’s history and the most unaffordable housing market for both buying and leasing.

A recent small business owner survey completed by Alignable that was published on August 31, 2023 was truly shocking about how far that small business income has fallen. The survey found that a whopping 50% of surveyed small business owners responded that they are only making half or less of what they were earning prior to the pandemic declaration back in March 2020. Please support your local small businesses more so than the global corporations so that they can remain in business.

To simplify, I will just focus on the monthly payments and not the overall consumer debt principal amount which may be close to $200,000 combined. In this example, the borrower only has two months’ worth of cash reserves near $9,500 in liquid funds at his or her bank.


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Let’s quickly look at a fictional borrower with a $400,000 mortgage and a California home valued at $1,000,000:

  • $400,000 – 1st mortgage at a 3% rate: $1,686/month (not including taxes and insurance)
  • Student loan debt: $900/mo.
  • Automobile loan: $1,020/mo.
  • Monthly credit card payments: $600/mo.
  • Unsecured small business loan: $500/mo.
  • Total monthly payments: $4,706/mo.

The borrower not only needs to reduce their household’s monthly expenses, they also need to replenish their savings so that they don’t run out of cash. Without money on hand, they might default on their mortgage, credit cards, automobile loans, student loans, and debt and lose their hard-earned equity in their home to foreclosure.

The new mortgage refinance option offered to the homeowner with or without full income verification might be near a 70% loan-to-value (LTV) in this fictional example with a fictional lender. If the home does appraise at $1 million dollars, this would equal a new $700,000 cash-out loan.

The client is focused on lowering monthly payments, so he selects a shorter term fixed rate mortgage that’s fixed for 7 or 10 years before converting to an adjustable rate mortgage. This same loan allows much lower interest-only payments at 7% (8.25% APR – all rates are subject to change).

Out of this new cash out refinance, the client’s new $700,000 loan may pay off all of their household’s monthly debt and add another $100,000 in cash to their savings accounts. With a new shorter term interest-only rate at 7%, the monthly payment may be near $4,083. When comparing the previous monthly payment debts of $4,706, it’s $623 per month less and provides potentially increased mortgage interest tax deductions at the same time. All other consumer debt balances are now at ZERO.

The 7-Year Mortgage Average

Homeowners and investors may choose to pay off more expensive consumer debt with a cash-out refinance by way of a new 1st, 2nd, or reverse mortgage with no monthly payments. Here are some of my previous article links about how to convert home equity to cash and the benefits of reverse mortgages with no monthly payment obligations: Converting Home Equity to Cash and Moving Forward with Reverse Mortgages.

The average length of time that a property owner holds their mortgage loan before later selling or refinancing is seven years. Property owners also own their properties on average about seven years as well. If so, a 7-year fixed mortgage rate that’s interest-only with much lower monthly payments might be an exceptional option for many borrowers.

With a 30-year fixed rate mortgage, the principal amount doesn’t really begin to reduce or amortize down until after the same 7th year term anyway. Or, your original principal balance on your mortgage on the day you closed escrow may be very similar to the same balance amount seven years later. This is partly why more borrowers are choosing shorter fixed rate terms of 3, 5, 7, or 10 years that may also have interest-only payment options that are much lower than a fully amortizing mortgage which includes both principal and interest.

The monthly payments on an interest-only shorter-term mortgage can be similar to a 30-year fixed mortgage rate that’s almost equivalent to a rate of 2% lower than some of the best 30-year fixed rates today.

At a later date, if and when the housing market bubble pops again, the Federal Reserve may suddenly and very aggressively cut rates back down to near historical lows once again after the economy possibly takes a turn for the worse like following 2008.

Credit and Debt – Worldwide, US, & Consumers

The U.S., with 4.5% of the world’s population, creates 25.5% of the world’s gross domestic product (GDP).

2023 Equity, Money, and Debt Data

* Global Derivatives: $3,000+ trillion
* Forex (Foreign Exchange Currency Market): $2.409 quadrillion ($7.5 trillion traded daily)
* US bond market cap: $52.9 trillion
* US stock market cap: $46 trillion
* U.S. federal debt: $32.6 trillion (August ’23)
* All US mortgage debt combined: $19.4. trillion (1st quarter ’23)

Housing and consumer debt trends:

* 140 million housing units in America.
* 64.8% of homes have a mortgage (96,320,000).
* 31.2% of homes have no mortgage (43,680,000).
* 1.7 million housing units under construction.
* 44 million rental units across the nation.
* 80% of retirees own a home while nearly half live near poverty.
* Credit card rates today average 25% as compared to 12% in 2008.
* Today’s 30-year fixed mortgage rates are at a 22-year high.
* U.S. credit card debt – $1.2 trillion
* U.S. auto loans – $1.56 trillion
* U.S. student loans – $1.77 trillion


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Household Income and Mortgage Debt Numbers

* House payment as % of median household income in Los Angeles County: 80.59%
* House payment as % of median household income in California: 65.19%
* Mortgage debt by state (1st quarter 2023): 1. California: $2.3 trillion; 2. Texas: .88 trillion; and 3. Florida: .85 trillion
* California’s total unpaid mortgage debt is almost three times more than Texas with only a 25% larger population base.

Rising Consumer Debt & Imploding Savings

The average credit card balance per U.S. consumer is $5,733, according to CNBC. Back in 2008 when the average credit card rate was 12% near the start of the Credit Crisis, it would take 5 years and 10 months to pay off the balance in full if the borrower paid the minimum monthly payment. If so, the borrower would pay approximately $2,243 in additional interest.
By comparison here in 2023 after a series of rate hikes, the average credit card rate is 23.99%. It will now take upwards of 24 years to pay off the debt in full with minimum monthly payments while accruing more than $27,337 in additional interest over and above the original $5,733 balance.

Crashing car market: The average car loan balance in the U.S. as of the 1st quarter of 2023 was 125% loan-to-value (LTV), as per TransUnion. The average new car price today is about $48,000. The average new car payment is $731 per month and the average used car payment is $551 per month. The average new car rate is now 9.48%, which is a multi-decade high.

The cumulative excess U.S. household savings dollar amount fell from a peak high of $2.1 trillion in August 2021 down to $91 billion in June 2023, as provided by JP Morgan Macro Research. The average U.S. homeowner has the bulk of their net worth tied up as untapped equity in their primary home.

There’s an estimated $10.5 trillion dollars’ worth of tappable equity in residential properties nationwide. The average homeowner has almost $200,000 in home equity.

Skyrocketing Energy & Inflation

We have a petrodollar (“oil for dollars”) currency system. As our oil supply declines, so does the purchasing power of our petrodollar while inflation skyrockets right alongside interest rates. Generally, energy costs are the root cause of core inflation trends, so keep a close eye on this developing story.

Oil prices per barrel are near $87 for WTI (West Texas Intermediate). By comparison in July 2008 shortly before the financial system almost imploded in late September 2008, oil prices were trading as high as $147 per barrel. As our oil supply continues to be reduced here in the US and elsewhere in Saudi Arabia, Russia, and Venezuela, demand may exceed supply and prices may rise up even more.

There are rumors of oil prices rising again very soon well above $100 per barrel. If so, the one investment that has consistently benefited from rising energy and overall inflation trends is real estate.

Buying Power of $1 (1933 – 2023):

1933: $1.00
1943: $0.75
1953: $0.49
1963: $0.42
1973: $0.29
1983: $0.13
1993: $0.09
2003: $0.07
2023: $0.04

Sadly, a $1 back in 1933 would have the same purchasing power as 4 cents today.

Are Home Prices Peaking or Declining?

The average mortgage rate for existing mortgage loans across the nation is about 3.6%. If so, this is under half of the most recent average 30-year fixed mortgage rates. Yet, today’s higher 30-year fixed mortgage rates are only about 30% as high as the average credit card rate near 25%.

For the first time in U.S. history, median new home sale prices are about to fall below existing home prices. With a record 1.7 million new housing units being built this year, home builders must slash prices and offer significant amounts of seller credits to the buyers to sell their properties. Unlike the millions of older distressed shadow inventory that owners, lenders, and loan servicing companies can attempt to keep postponing for sale, builders have to offer these completed homes for sale as soon as the Certificate of Occupancy is received.

In the near future, home values may start to fall yet again like in past housing bubble bursts. A recent video provided by the brilliant folks at the National Real Estate Post makes the claim that today’s housing bubble may potentially be more than twice as large as the previous housing bubble near the peak highs in 2007 and 2008. If so, home prices may be peaking in certain regions if you’re thinking about selling or refinancing at the top of the market.

No matter what you decide to do with real estate and with life, the most important step is the very first one because action is much better than inaction.


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. 


Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411.com or our Eventbrite landing page, CLICK HERE.

Join Us for Realty411’s Lone Star Investor Wealth Summit

By Lori Peebles

Are you ready to grow your real estate portfolio to brand new levels of abundance? If so, be sure to join us for Realty411’s NEW Lone Star Wealth Summit.

We are hosting a Real Estate Wealth Summit & Special In-Field Bus Training in Arlington, Texas, on September 16th & 17th.

Learn more and register at:
https://www.eventbrite.com/e/realty411s-lone-star-investor-summit-build-wealth-with-real-estate-tickets-530755121857?aff=oddtdtcreator

Get ready for a full day of education and motivation. Be sure to download our Summit Schedule to learn about your favorite speaker.

Download our Summit Schedule, click here or below:
https://joom.ag/PcNd

This Extra-Special Summit will cover a wide range of real-estate investing topics, as well as focus on individual mindset, finance and leverage, maintaining motivation and joint collaborations with our “Inner Circle” of readers, subscribers and educators.

Network with high-level investors and learn from top REI educators and accredited investors. Our speakers have collectively raised billions in private capital for their real-estate investment acquisitions.

This is your opportunity to learn directly from the best in REI in the Lone Star state and beyond, don’t miss it.

Learn more and register at:
https://www.eventbrite.com/e/realty411s-lone-star-investor-summit-build-wealth-with-real-estate-tickets-530755121857?aff=oddtdtcreator

SPECIAL REPORT: The Do’s and Don’ts of Media Follow-Up – 15 Things the Media Loves / Hates

By Jill Lublin

The way you handle the media is the key to achieving desired success. They are finicky. Aim for the headlines. Jill Lublin has the inside scoop on what makes the media smile and what makes them cringe.


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15 things the media hates:

1. Not take “no” for an answer
2. Long news releases
3. Lying, hype, and misrepresentations
4. Lack of Preparation
5. Small Talk
6. Overkill
7. No repeated cold calling
8. Freebies
9. Name dropping
10. Lack of focus
11. Confirmation calls
12. Gimmicks
13. Not following up requests
14. Same ideas
15. Getting upset

15 things the media loves:

1. News
2. Brevity – Be Clear
3. Knowing targets
4. Relationships
5. Preparation
6. Broad appeal
7. Ties
8. Experience
9. Visualization
10. Celebrity tie-ins
11. Prompt response
12. Courtesy
13. Visual aids
14. No road blocks
15. A pleasant attitude


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Jill Lublin is an international speaker on the topics of Radical Influence, Publicity, Networking, Kindness and Referrals. She is the author of 4 Best Selling books including Get Noticed…Get Referrals (McGraw Hill) and co-author of Guerrilla Publicity and Networking Magic. Her latest book, Profit of Kindness went #1 in four categories. Jill is a master strategist on how to position your business for more profitability and more visibility in the marketplace. She is CEO of a strategic consulting firm and has over 25 years experience working with over 100,000 people plus national and international media. Jill teaches Publicity Crash Courses as both live events and live webinars and consults and speaks all over the world. She also helps authors to create book deals with major publishers and agents, and well as obtain foreign rights deals. Visit publicitycrashcourse.com/freegift and jilllublin.com

Jill Lublin International Speaker | Master Strategist |Four-Time Best-Selling Author
www.JillLublin.com 415-883-5455 [email protected]


Learn live and in real-time with Realty411. Be sure to register for our next virtual and in-person events. For all the details, please visit Realty411Expo.com or our Eventbrite landing page, CLICK HERE.