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Robert 'The Rebelbroker' Whitelaw is a real estate broker and Realtor® in Morgan Hill, California with over 25 years experience! His show discusses some of the best ways to achieve your real estate goals and build wealth for buyers, sellers, investors, entrepreneurs or just real estate watchers - from an insiders perspective.

Over the years, Robert has been lucky enough to work with successful entrepreneurs from all walks of life and industries. Get a chance to hear what he has learned from these amazing entrepreneurs over the years that will help YOU achieve success! Robert is about keeping things honest (even when that means saying the things that nobody else is willing to say) and providing value to listeners with each and every episode! He won't just drop the news on you, he will translate it into actions you can take as a buyer, seller, investor or entrepreneur in your own life to get the most out of that shared knowledge! Knowledge is power and Robert believes in cranking it up to 11!

So tune in for helpful information no matter how you are working to achieve financial freedom!

It's real estate, totally unafraid!

 

CBRE - 00984909

May 27, 2016

PLUS: Paying Rent On Minimum Wage

Both Chase and Wells Fargo have announced that they will be doing 3% loans - in cooperation with Fannie Mae. The bottom line is that these are moves to create more buyers in a market where there is already too little inventory. Does this sound at all familiar? Well, think back to 2000-2005 when through subprime lending, more buyers were being created in a market that already had too many buyers. The results are something we are all familiar with. How this comparison escapes the experts at the big banks and Fannie Mae is a mystery to me. 

There is also an article out that declares that if you are earning minimum wage, you cannot afford the rent of a two bedroom apartment. I have news for you, when I earned minimum wage, I was NEVER able to afford ANY apartment on my income. That is why there are room mates.  In my first two bedroom apartment, I had three room mates. How is this news? Honestly, it feels like a more political attempt to have people assume that a minimum wage should equal a living wage. We will take some time to chat about that.

Finally, pending sales reach their highest point since the downturn, we will take a look at that and see if there is anything more interesting to learn from this info.

To participate in this weeks poll or find links to the stories covered in todays show, check out the show notes at http://www.therebelbroker.com