We will talk about the 5wealth-building aspects of real estate. Tom, our expert appraiser, will be sharing some observations from the field that can causehomeowners to be thankful.

Whatdo YOU want to accomplish with YOUR mortgage? Lets stay connected? Subscribe at www.TNRDHomeLoans.comand get Real Estate Mortgage Shoppe podcasts with show notes everyweek.

ToYour Success,

TNRDHomeLoans, Mortgage Loan Officer NMLS# 757308 (615) 924-6215

(currently with Sierra Pacific Mortgage)

Welcome!

Goodmorning, Memphis! Welcome to our internet listeners and podcastlisteners across the 50 states! You’re on Real Estate MortgageShoppe. I’m your host, McKenzie Mortgage RD Loans, Mortgage Loan Officer. You canconnect with me at www.TNRDHomeLoans.com. Our general topic is COUNT THE REASONS TO BETHANKFUL FOR OWNING YOUR HOME. Call us whilewe are on the air and tell us the reasons YOU are thankful for owningYOUR home. Subscribeto get Real Estate Mortgage Shoppe podcasts with show notes atwww.TNRDHomeLoans.com Call us whilewe’re live today November 23^RD,2019 at (901) 535-9732.

INTRODUCING TOM KING, REAL ESTATE APPRAISER

TomKing, it is great having you back in the studio. You have beenzipping around doing so many appraisals it’s hard to catch up withyou. Take a moment to tell our new listeners a little bit aboutyourself and the types of appraisals you do for your clients. (TomKing introduces himself and talks about he types of appraisals hedoes, like real estate purchase, refinance and estate appraisals. Divorce settlement and cash home purchases)

RAYMONDRIDLEY’S STORY – 6 REASONS TO BE THANKFUL FOR HOMEOWNERSHIP

(Jo)There are so many reasons to be thankful forowning your home and the biggest reasons aren’t always financial. Ahome is your castle. It is the neighborhood where your children willgrow up, where family stories take place and are retold for yearsduring family holidays. There are financial reasons to be thankfulfor you home too.

Raymond Ridley(not his real name), licensed real estate broker and full-timeinvestor, has successfully owned, rehabbed and sold over 500 homesand apartment units. Raymond began by saying, “ I have probablymade more money in real estate than anyone in this room, and I haveprobably lost more money in real estate than anyone in this room.When someone makes an income, he has to be on the job every day toearn his pay. When he builds wealth by buying real estate, thetenants continue to pay him rents—even when he is on vacation.”

Raymondpresented six aspects of real estate and here they are A sixth bonusis the opportunity for family relationship bonding while workingtogether in the real estate investing business.

1. Cash flow is income per month minus the mortgage payment including taxes and insurance. Income – PITI= Cash Flow.
2. Appreciation is the rate the house value increases every year. Raymond pointed out that there is a direct correlation between cash flow and appreciation. Cash flow is usually less per month in areas with higher appreciation rates.

1. Real estate can provide a wonderful Tax Shelter where an investor can make a six- figure income and pay zero taxes. To shelter $50,000 per year in income, an investor would need approximately $1,000,000 in real estate. Raymond prefers having 10 houses valued at about $100,000 rather than 30 houses valued at $30,000. With 10 houses he only has 10 tenants with 10 possible problems instead of 30 tenants with the possibility of 30 problems.
2. The fourth aspect of real estate involves Amortization. With each mortgage payment the principal balance is being paid down at a faster pace. This builds equity in the house as the mortgage is paid off. The investor may choose to borrow against this equity later to purchase something else.
3. The fifth aspect of real estate is Leverage. Real estate is one of the few investments that allow the investor to borrow almost the entire value of the investment without a large lump sum of cash.
4. A sixth bonus is the opportunity for family relationship bonding while working together in the real estate investing business.

Raymond used anexample of how he made money on a house purchased for $100,000. Theamortization equaled about $100 per month; the positive cash flow wasabout $200 per month; approximately $300 per month created by the taxshelter; around $200 per month for appreciation totaling $800 permonth. This total equals approximately $10,000 per year profit perhouse. What do YOU want to accomplish with YOUR mortgage? MAKE YOURPLAN. LET’S WORK YOUR PLAN. IF THE DEAL WORKS FOR YOU TODAY, LET’SDO IT TODAY. Connect with me at www.TNRDHomeLoans.com.Email me at This email address is being protected from spambots. You need JavaScript enabled to view it. orjust call me at (615) 924-6215.

Tom, as a realestate appraiser, how do you see people being thankful for owningtheir own homes? (tom takes about 2 minutes orso to share some examples)

You’reon Real Estate Mortgage Shoppe. I’m your host, McKenzie Mortgage RD Loans, MortgageLoan Officer. What do YOU want to accomplish with your mortgage?Make your plan. Let’s work your plan if the deal works for youtoday, let’s do it today. When we come back Tom King, appraiser, will be sharing more from the field. Mark Loden of MKL PersonalBudget Systems will be sharing some tips with our real estate pros.

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TALK SHOPPE BUSINESS TIP FOR REAL ESTATE PROS—from Mark Loden of MLK Personal Budgeting System

^2ndsegment after 9:15 advertising break – (producer to start the song“Taking Care of Business” by Bachman Turner Overdrive –butbring the volume down before the lyrics start) It’s time to talkshop with Talk Shoppe’s Business Tip For Real EstateProfessionals. Talk Shoppe is a marketing company offering freeeducation and networking to anyone interested in real estate or inbusiness. Talk Shoppe is made possible by the financial support ofits sponsors and advertisers. For more about Talk Shoppe, go towww.TalkShoppe.com (shoppe) For our Talk Shoppe Business Tip today we have Talk Shoppe financialsupporter-Mark Loden of MKL Personal Budgeting Service. You helphomeowners and aspiring home owners to get control of their financeson a flexible, personal budgeting system. Mark Loden, I believe you have our Talk Shoppe Business Tip For RealEstate Pros….(Mark offers his tip)

My two tips for yourlisteners:

Do any of you expect onhaving a future expense in the next 12 – 18 months. Most likelyyou will.

And most likely you willput it on the credit card or pay cash and eliminate your cashreserves.

I have a better idea, whynot take your best educated guess and set aside money for all futureneeds

you KNOW you will need. Ever expect car repair or tags? Clothes? Christmas or gifts?Insurances or

taxes of any kind? Addwhat those monthly guesstimated expenses would be and move them toBank

Savings Account monthly.Instead of spendingyour Future Expense needs during the year, you will be

saving themfor when you need them. You will be Sooooooooooooo glad you did!

_1.What are the most common challenges you see you’re your clients?

2.What is the best way to contact you?__________________________________________________________

TOPICSCOVERED BY TOM KING, BILL KING APPRAISAL COMPANY

1. The best return on investment when upgrading and fixing up a home

2. owning a home allows homeowners to restructure debt and get a loansecured on a home with a low, fixed rate to combine higher interestrate debt.

3. Homeowners have the ability to leave an inheritance to loved ones.

4.Homeowners enjoy expanding equity when they continually pay more andmore each month toward pay off mortgage

___________________________________________________________

TOPICS COVERED BY JO GARNER, MORTGAGE LOAN OFFICER

1. 5 reasons to be thankful for owning your home-Raymond Ridley’s story
2. Peace of mind having multiple exit strategies
3. Options for life-
4. Creating an Income from Your Primary Residence

1. College student renting out a rooms in the home purchased by him/her and parents in college town
2. Renting the bonus room upstairs in a primary residence
3. Moving your business to your home to save on rent overhead
4. Subdividing your property and infill building a home or two for resale

1. Investment Property

1. Buy a turn-key property or a fixer-upper and go into the transaction making a positive cash flow from tenants renting the home. Keep buying and building your income portfolio from rental property
2. By commercial property
3. Using your almost paid-off property to get a reverse mortgage

(storyof Ms. Opal Osborn)

1. Cash out refinance or equity line to remodel home or new life style, pay off high interest rate debt. (Story of Darik Dennison)

REALESTATE TIP OF THE WEEK (Mark Loden shares a budget related tip Tips2:

It is getting so close toChristmas that my tip may have needed to come early but there isalways next year.

First thought: talk to thefamily concerning those in your family who are really too old to givegifts too

like those in their20’s-40’s group. Of course, give those small ones a gift and theparents along with the

grandparents. You decidewho needs what but gifts are so expensive and we do not need to givea gift

we cannot afford.

Make a list of each personthat you are going to get a gift for Christmas and/or Birthday:

Beside each name, put themost you will spend on that individual both Christmas and Birthday(if appl.)

Add up that figure anddivide by 12 (months). As we did in our firsttip, set that money aside in your

Bank Savings Account untilneeded.

ANNOUNCEMENTS:

1.Talk Shoppe offers freenetworking & education to anyone interested in real estate or inbusiness. Talk Shoppe meets every Wednesday 9A-10A CT atServiceMaster by Cornerstone 9575 Macon Rd Cordova, TN (corner of BigOrange and Macon Rd ) Join us for a casual Open Microphone MixerWednesday 11-27-19 9A-10A. Share with the group a little bit aboutyourself, your profession and build on some profitable businessrelationships.

2. Talk Shoppe events arefree thanks to supporters like Kaizen Award-Winning Business Coachwith Focal Point Business Coaching, Eric Eurich, getting you fromwhere you are to where you want to be (901) 340-9558

3. Happy ThanksgivingHoliday weekend! Make some great memories with your loved ones.

4.Jack’s Challenge: Invite someone you know that is going through atough time this holiday for some coffee time. Buy their coffee,listen and be a friend.

4. Subscribe atwww.TNRDHomeLoans.com and you canget our weekly blog posts with podcasts conveniently in your inbox.

5. Real Estate Mortgage Shoppe reminds you to MAKE YOUR PLAN. LET’SWORK YOUR PLAN. IF THE DEAL WORKS FOR YOU TODAY, DO IT TODAY.

6. Tom King announces Bellevue Baptist Church’s Singing ChristmasTree. Contact Bellevue Baptist Church in Memphis and get yourtickets early.

SPECIAL NOTE: REALESTATE MORTGAGE SHOPPE RECOMMENDS THAT YOU CONSULT WITH A FINANCIAL,LEGAL OR OTHER CERTIFIED, LICENSED PROFESSIONAL BEFORE ACTING ORINVESTING ON ANYTHING YOU HEAR OR SEE FROM THE CONTENT ON THIS SHOWOR BLOG POSTS. THE INFORMATION WE SHARE ON REAL ESTATE MORTGAGESHOPPE IS GENERAL IN NATURE MEANT FOR GENERAL EDUCATIONAL PURPOSESONLY. ALL EXAMPLES GIVEN FOR ILLUSTRATION PURPOSES ON REAL ESTATEMORTGAGE SHOPPE AND ARE BASED ON TRUE STORIES BUT WE USE FICTIONALCHARACTERS AND DO NOT DIRECTLY REFLECT REAL PEOPLE OR EXACT DETAILSIN ANY OF THE SITUATIONS.

QUOTE CORNER:

Anonymous “Be thankfulthat you do not have everything you desire. If you did, there wouldbe nothing to look forward to.”

____________________________________________________________________________________

REJOINDERS:

1. Leah Anne Morse, All Things New (organizing and downsizing & making it pleasant) www.allthingsnewwtn.com
2. Troy and Lynn McDonald, Bartlett, TN with Erin McDonald Insurance Agency (901) 849-7101
3. Sonia Balcer, Montrose, California (Rocket Scientist)

Transitional Music: “Whata wonderful world” Louis Armstrong; “Gratitude”by Josh Groban; “Home” by Roger Miller; “TakingCare of Business” by Bachman Turner Overdrive for the Talk ShoppeBusiness Tip For Real Estate Pros

CALLER: SONIA BALCER, ROCKET SCIENTIST (MONTROSE CALIFORNIA)

CALLER: ELIZABETH

CALLER: KRISTEN

CALLER: TIM VAN HORN, REALTOR CRYE-LEIKE, INC. (901) 262-5000

CALLER: LYNN MCDONALD, ERIN MCDONALD INSURANCE AGENY(901) 849-7101

ABOUT MARK LODEN, PERSONAL FINANCIAL BUDGET SYSTEM

Welcometo the MKL Personal Budget Planning Experience!

Myname is Mark Loden, counselor and founder of MKL Personal BudgetPlanning System. I do notsell investments or insurance of any kind. I am a budget specialistand I teach people the Essential Tools for managing their personalfinances through a monthlybill paying budget plan. My service is simple and straight forward; not a ball and chain, butan organized plan that includes all your monthly budget needs andwill help you to:

• Pay bills on time and stop collection agency phone calls
• Pay down debt such as credit cards, personal loans, etc.
• Set aside money for future needs such as clothes, car maintenance, vacations, savings and much more
• Learn how to manage your money so well that at any given time of the month, you will be able to know where you stand with regard to groceries, gasoline, savings, etc, in order to monitor your priorities and see them become reality.

Itis a “Fiscal Fitness Plan” for your personal finances!

901.624.0052Office

________________________________________________________________________________

ABOUT TOM KING, APPRAISER WITH BILL KING COMPANY

(901) 487-6989

Tomis a well- respected and sought after appraiser in Memphis,Tennessee. He is a second generation appraiser with 40years experience. He has been elected to the Memphis AreaAssociation of Realtors Board of Directors three times.

Tom is acertified residential appraiser in Tennessee. He have appraisedover 20,000 homes in his career. A graduate from the Universityof Tennessee with a degree in real estate, Tom is also a CertifiedRelocation Professional (CRP). Tom also has vast experience indealing with the countyand state boards of equalization and in valuations of property fortax appeal purposes. (901) 487-6989

ABOUTJO GARNER-MORTGAGE LOAN OFFICER:

WHAT DO YOU WANT TO ACCOMPLISH WITH YOUR MORTGAGE?

www.TNRDHomeLoans.com (901) 482 0354 This email address is being protected from spambots. You need JavaScript enabled to view it. twitter @jogarner NMLS# 757308

“WhateverYOUR personal priorities are, my job is to help you get the mortgageterms that will give you bragging rights when you talk about it andhelp you score on hitting your goals .”

Asa mortgage loan officer, my job is to help you get to the benefitsyou want from your financing terms. What is most important to you? Ican help you find the financing terms that will help you get to whatyou want. What is your comfort level on a house payment? How muchare you comfortable paying down,? What type of financing do you needto get the house you want to buy or refinance?

Differentclients have different priorities in life—some are buying theirfirst home with very little down payment funds. Some are recoveringfrom medical challenges, divorces or preparing to send children tocollege and some are embarking on a long term goal of buyingproperties to build rental income.”

TNRDHomeLoans is a mortgage officer with extensive knowledge in tailoringmortgages to her customers who are refinancing or purchasing homesall over the country. She offers conventional, FHA, VA or other loanprograms for refinancing and purchases.

Jocan help you look at rent vs buy, when it makes sense to refinance,how to get the best deal on your home purchase financing.

TNRDHomeLoans has been in the real estate/financing business for over 25years. She got her start in Portland, Maine where she firstbegan her real estate career. She received her real estate educationfrom the University of Southern Maine and was personallymentored in San Diego, California by Robert G. Allen, author ofNothing Down,Creating Wealthand The Challenge.

Onmoving back to West Tennessee in 1987, she went into business buyingand selling discounted owner-financed notes secured on real estate. In 1990 Jo went to work for a residential mortgage company and hasbeen a mortgage loan officer for over 25 years. Her goal is tooffer excellent, affordable service to her customers, tailoring theloan programs to the specific needs of her clients.

In addition to her work in the mortgagefield, McKenzie Mortgage RD Loans is the primary sponsor and founderof Talk Shoppe in Memphis. www.TalkShoppe.com McKenzie Mortgage RD Loans also host the radio show Real Estate Mortgage Shoppeairing on News Radio AM 600 WREC and iHeart Radio with podcasts andshow notes published on www.TNRDHomeLoans.com