Rank #1: Tom K Wilson interviews Helen Chong
Helen Chong CCIM, GRI, ABR®, ASP®, e-PRO®, SFR® is the Principal Broker of Haylen Group. With a UCLA degree in Economics, Helen has been in the real estate industry since 2004 with experience as a mortgage broker, rehabber, apartment owner, trust deed note investor, and realtor. She is deeply involved in negotiation during the acquisition of her own properties and has bought properties as little as 30 cents on a dollar and received the rate of return as much as 50%. Her investment philosophy focuses on adding values on distressed properties. Helen is a mother of three and a wife of an honorable veteran who fought in Iraq three times.
Rank #2: Tom K Wilson Interviews Dr. Doug Duncan, Chief Economist of Fannie Mae
Doug states that unless there's a serious weakening in growth (below 2% annually), we won't expect to see any more Fed rates cuts. The only caveat is if the 25% tariffs are implemented, which can have unexpected impacts (update: they just did).
Since we are seeing real steady GDP growth and increased productivity due to the tax cuts, Doug does not see any downturn for the near future. The 2020 re-election remains a wild card.
Doug closes this episode with his thoughts about trade and energy.
Doug Duncan's Bio:
Douglas G. Duncan is Fannie Mae's senior vice president and chief economist. He is responsible for providing all forecasts and analyses on the economy, housing, and mortgage markets for Fannie Mae. Duncan also oversees corporate strategy and is responsible for strategic research regarding external factors and their potential impact on the company and the housing industry. He serves as the Chair of the Fannie Mae Corporate House Price Forecast Working Group.
Named one of Bloomberg / Business Week’s 50 Most Powerful People in Real Estate, Duncan is Fannie Mae's source for information and analyses on the external business and economic environment, the implications of changes in economic environment to the company's strategy and execution, and forecasting for housing activity, demographics, overall economic activity, and mortgage market activity.
Prior to joining Fannie Mae, Duncan was Senior Vice President and Chief Economist at the Mortgage Bankers Association. His experience also includes service as a LEGIS Fellow and staff member with the Committee on Banking, Finance, and Urban Affairs for Congressman Bill McCollum in the U.S. House of Representatives, and work on the Financial Institutions Project at the U.S. Department of Agriculture.
Duncan received his Ph. D. in Agricultural Economics from Texas A&M University and his B.S. and M.S. in Agricultural Economics from North Dakota State University.
Rank #3: Tom K Wilson Interviews Robert Kiyosaki, Author of Rich Dad Poor Dad
Robert Kiyosaki Bio:
Robert Kiyosaki is an entrepreneur, investor, author and motivational speaker by profession. He is the co-creator of the CASHFLOW board game and founder of the financial education-based Rich Dad Company. He is best known as the author of the book, ‘Rich Dad Poor Dad’, which since the time of its release, scaled to become the number one personal finance book of all time. Robert has been featured on shows such as Larry King Live, Oprah, The Doctors, Bloomberg International Television and CNN.
Rank #4: Tom K Wilson Interviews Vance Wampler
Vance Wampler started in real estate at the age of 19 buying his first REO property as a personal residence but started professionally 3 years later with his first fix and flip. Fast forward 6 years and 400 transactions later, Vance has navigated through 1-4 family flips/owner finance/rental strategies along with multifamily and RV park acquisitions.
Vance is also the broker/owner of Real Estate Reformation a membership based brokerage with agents in the DFW, Austin and Houston markets. He is also the Texas investor relations manager for Wilson Investment Properties and focuses on raising capital for large multifamily and commercial syndications. Last but not least Vance runs the AREA/Single family fortunes group and mentorship program with the goal to provide great training, mentorship and help for the real estate community.
Rank #5: Tom K Wilson Interviews Jason Stegall on Raleigh-Durham CRE
Jason Stegall's Bio:
Born and raised Raleigh, NC native with 26 years commercial real estate development experience predominately in the Raleigh/Durham market and throughout state of NC from mountains to coast. Career experience has been focused on site selection, market research and evaluation, land assemblage, land design, management and urban planning for all asset classes including mixed-use projects from local infill to regional master planning to resort design/planning and development ordinance drafting. Current work involves the selection, organization and directing of local predevelopment teams to produce high quality, well branded, projects through long lasted relationships with other professionals in the development and consulting businesses associated with commercial real estate development.
Rank #6: Tom K Wilson Interviews Beth Azor on Her 3 Decades of Real Estate Investing
Beth Azor's Bio:
Beth Azor, a 33-year veteran of the commercial real estate industry, owns Azor Advisory Services, which specializes in consulting services, training, sales/leadership coaching, acquisition due diligence, and market analysis. Beth owns and manages a $79,000,000 portfolio of commercial retail properties in southeast Florida and recently wrote and published “Don’t Say No For The Prospect”, a guide to help propel the career of both novice and experienced leasing agents. Beth is also a frequent guest on business and commercial real estate podcasts and hosts a monthly “Rockstar” book club call where they review non-fiction business-related books. Her clients include Brixmor Properties, Urban Edge Properties, The Shopping Center Group, Phillips Edison, Kimco Realty, and DLC Management Group. A graduate of FSU, Ms. Azor is the past Chairman of the Board and Founder of the FSU Real Estate Foundation.
Rank #7: Tom K Wilson Interviews Robert Helms, host of the Real Estate Guys Radio
Robert Helms's Bio:
Robert Helms is a professional real estate investor with investment and development experience in nine states and six counties. As a former top producing real estate agent, Robert ranked in the top 1% of sales in the world’s largest real estate organization. For 4 years, he taught Real Estate Practices & Appraisal at the college level. Robert’s investment and development companies have past and current projects valued at over $800 Million. He is the co-author of Equity Happens – Building Lifelong Wealth with Real Estate and the host of the nationally syndicated radio show The Real Estate Guys™, now in its twenty-second year of broadcast. The podcast version of the show is one of the most downloaded podcasts on real estate and is heard in more than 190 countries.
Rank #8: Tom K Wilson interviews Ruth Van Derostyne on Monetized Installment Sale
In this segment, Ruth talks about how 1031 exchange works, how Monetized Installment Sale works, and how Monetized Installment Sale compares with other tax-deferral strategies. The biggest benefit is that in a Monetized Installment Sale, the money isn't handed over to a 3rd party trust or entity to manage. The investor has full control over how the tax-deferred funds are used and can us them to re-invest, pay off debt, or just hold as cash.
Ruth Van Derostyne is a credit counselor and capital gains tax strategist with over 25 years of 1031 exchange experience. She is a frequent educator and speaker, and was the President of two different Companies.
Rank #9: Tom K Wilson interviews Tom Bottenberg on 1031 Exchange
In this episode, Tom Bottenberg talks about the history of 1031 exchange, how it works, and gives an in-depth explanation of the rules; for example, what qualifies as an "investment property", what are the rules on identifying properties, how strict the timelines are, does it have to be an arms length transaction, etc.
In a nutshell, to defer all capital gains:
1. The new property must be equal or greater than the sales property's price
2. Move all equity from sales property to the new one
3. Get new debt
Tom also talks about creative uses of 1031 exchange, such as exchanging multiple properties into one, or one into multiple. Since the timeline is most investors' biggest limitation, there are other strategies like reverse 1031 exchange, where the exchange property is secured first.
Tom, IPX1031 Northern California Manager, has been actively involved within the 1031 Exchange industry for almost 30 years. Starting with a tax law firm in Oakland, California, Tom developed a continuing education curriculum for real estate brokers and routinely spoke to 6-8,000 brokers and investors monthly. In 1994, he co-founded a new nationwide facilitation entity which leveraged thousands of lawyer relationships throughout the east coast as well as creating the 1031 industry’s first widely accepted customer facing web presence and processing platform. Then in 2016, Tom assisted with the development of the first 1031 broker and investor app which integrated property and tax analytical tools, exchange oriented diligence and instant customer interaction. He has completed in excess of 40,000 1031 Exchanges
Rank #10: Tom K Wilson interviews Jennifer Zhang on BACOMM investment club
In this episode, Tom interviews Jennifer about her new and fast-growing investment club, the Bay Area Commercial & Multifamily, or BACOMM for short. Jennifer shares why the club was founded, and about her challenges and victories from starting the club only a year ago to growing it to almost 1,000 members, with 100 - 150 people consistently at its monthly meetings in Santa Clara! Visit www.BACOMM.club.
BACOMM is hosting a flagship event, STOP OVERPAYING ON TAXE$, featuring a world-class panel of experts representing various tax deferral strategies across various asset classes, including real estate, stocks, businesses, metals, and more! The event is on February 28, 2019, from 6 - 9PM at the Trianon Theatre in downtown San Jose. Tickets are available at www.BACOMM.club.
Jennifer Zhang is the Director of Marketing at Wilson Investment Properties and the President of BACOMM (Bay Area Commercial & Multifamily investment club), one of the largest and fastest growing real estate investment clubs in the Bay Area hosting high caliber speakers like the Chief Economist of Fannie Mae. Jennifer is a #1 Amazon bestselling author in the One Thing That Changed Everything. Jennifer received her BA from UCLA and her background is in fine art, art auctions, direct sales, and sales management.