LIV BYG: Recent Episodes
Nick Painz
Everyone can build wealth through real estate. Whether you’re buying your first home or your next investment property, real estate expert Nick Painz and his featured guests bring decades of experience to the show helping you make the best buying and investment decisions with complete confidence. The LIV BYG Podcast will give you the tools, resources, and expert information you need to leverage real estate into a wealth building strategy so you can stop worrying about your 9-5 and start to "LIV BYG". Tune in weekly for new episodes! For even more real estate and investment resources, get Nick's FREE "A to Z Investment Guide" at https://blackyetigroup.com/resources/
Dive into the world of home buying with clarity and confidence in this episode. We'll guide you through each step, from setting your budget to thoroughly reviewing your purchase agreement, eliminating any surprises along the way. Listen in to learn about the crucial role of home inspections in preventing unexpected expenses, the significance of a comprehensive review of purchase agreements, and more.
You can find show notes, resources and more at: https://bit.ly/47TOgWo
Transform your trajectory in 2024 by setting goals that propel you forward, not leaving you looking back with regret. In the upcoming year, consider whether you want to check off your goals by the end of the third quarter or find yourself disappointed with unmet goals by year-end. In this episode, I will break down the importance of goal-setting for entrepreneurs, business owners, and real estate professionals, sharing how meticulous planning for both your personal and professional life can get you the success you desire.
You can find show notes, resources and more at: https://bit.ly/419P7Qq
Today we're diving deep into the recent Burnett v. National Association of Realtors lawsuit, where plaintiffs argued against excessive commissions and alleged price-fixing due to the cooperative compensation rule. In this episode, we'll explore the roots of these lawsuits, delve into the history of real estate agencies, and uncover the role of the National Association of Realtors. We'll connect the dots to understand how this landmark case is reshaping today's real estate market and what it means for buyers and sellers alike.
You can find show notes, resources and more at: https://tinyurl.com/26y2sw36
Today we will be talking about mortgage rates—their past, present, and future implications. We'll uncover the impact these rates have on buying power and the ever-evolving real estate market. Are you one of the individuals who might be feeling a tinge of buyer's remorse after making a property purchase during the COVID-19 peak market? Let's shift that perspective and recognize the invaluable asset you've acquired: cheap leverage.
You can find show notes, resources and more at: https://tinyurl.com/4r5dmv4c
In the world of real estate, it's often said that "location is everything," and in this episode, I will be talking about the significance of this adage. We explore the critical factors that come into play when evaluating a real estate location and why it holds immense importance. Throughout this episode, you'll hear valuable and practical tips on selecting the right location for your real estate investments.
You can find show notes, resources and more at: https://tinyurl.com/4nw7xbe9
What are savvy investors doing to adapt to issues such as higher mortgage rates? In this episode, we'll explore the dynamic landscape of creative financing in today's real estate market. I’ll delve into creative finance options and how they work, offering leverage even in challenging financial climates.
You can find show notes, resources and more at: https://tinyurl.com/nhju8zzy
Are you wondering whether placing your property into an LLC is the right move for you? In this episode, we'll explore the question of whether or not you should consider this strategic move for your real estate investments. I'll break down the advantages and disadvantages of placing your property into an LLC, shedding light on critical factors that can influence your decision.
You can find show notes, resources and more at: http://tinyurl.com/57cv423n
While the benefit of real estate investment is undeniable, it's important to be well-prepared for the challenges that come with it, as well. In this episode, we dive into the essential insights you need to navigate the pitfalls of property ownership. Whether you're a seasoned investor or a first-time property owner, tune in to hear which housing laws and regulations can impact your investment journey and more.
You can find show notes, resources and more at: https://bit.ly/3smBvUt
Ever wondered how the current market landscape is shaping up and what it means for you? In this episode, I will explain the intricacies of the present market conditions, addressing your concerns and shedding light on the complexities that abound. You'll gain a comprehensive understanding of the factors driving the market and the opportunities they present.
You can find show notes, resources and more at: https://bit.ly/3QG1ikI
How are landlords and tenants affected by the 2023 Colorado residential leasing updates, and what's essential for compliance? In this episode, I explore the latest shifts in the 2023 Colorado leasing regulations, underscoring the need for both parties to be well-informed and ensure their leases are up-to-date.
You can find show notes, resources and more at: bit.ly/47xZJeD
Have you ever wondered what you’ve done in your life to get to where you are today? In this episode, we're taking a break from real estate and getting vulnerable. I'll be sharing some of my own life experiences that have helped to shape who I am and the lessons that I learned from each of them.
You can find show notes, resources and more at: bit.ly/3QuHtwF
Ever wondered what it takes to dive headfirst into real estate investment? In this episode, we sit down with Andrew Femrite, Professor of Engineering Practice at CU Boulder, as he shares his journey into the world of real estate investment. Andrew opens up about his experience venturing into the real estate market during the turbulent and aggressive times of 2022, recounting his initial apprehension in entering an industry completely new to him, as well as how it was his own son's house hack that roped him into real estate investment.
You can find show notes, resources and more at: https://bit.ly/44Kzfoz
Today, we're diving deep into the Meta Homes Investment Experience guide. Have you ever wondered what it takes to excel in the rental property game? This episode may clarify a few answers for you. I'll lead you through every page of the guide, sharing the secrets and strategies for a thriving rental investment journey. From perfecting your property's online presence to navigating lease negotiations and handling non-compliant tenants, we've got you covered with the knowledge you need.
You can find show notes, resources and more at: https://bit.ly/3K3zm6c
Are you ready to start your journey toward financial empowerment? In this episode, I will be explaining the importance of creating multiple streams of income, as well as why I strongly believe that relying solely on earned income isn't the ultimate path to building wealth. There's so much more to it than that. Climbing the corporate ladder, providing exceptional value to our employers, and gaining valuable experience can open doors to creating our very own empire. Listen in as I encourage you to reclaim your time and explore ways to exchange it for even greater value.
You can find show notes, resources and more at: https://bit.ly/3PXsz1z
Today we're diving into the syndication model of real estate, focusing on how people are compensated and the key elements to consider when creating these syndication models. Throughout the episode, I'll break down the five ways general partners get paid and discuss the significance of conducting thorough due diligence, emphasizing the importance of general partners personally inspecting each property.
You can find show notes, resources and more at: https://bit.ly/3PLOU1Z
Today we delve into the tax advantages of real estate, with a focus on the 1031 exchange and the exchange of rental or investment properties. The primary objective of the 1031 exchange is to enable the acquisition of additional real estate while deferring taxes on non-residential properties. To ensure a complete deferral of the capital gain, certain prerequisites must be met. In this episode, I will break down what these prerequisites are and more, so that you can ensure you're making the most of your real estate investments moving forward.
You can find show notes, resources and more at: https://bit.ly/3CS5uWo
Are you aware of the hidden tax advantages lurking within real estate? In this episode, I discuss the tax law intricacies, debunk misconceptions, and reveal a lesser-known truth: selling your home does not always trigger tax obligations. I will also reveal how the tax exemption strategy can be effectively utilized multiple times to your advantage.
You can find show notes, resources and more at: https://bit.ly/46hG4Pz
In this episode, we will delve into the basics of real estate syndication. Real estate syndication can be likened to crowdfunding for real estate, where multiple parties form a partnership, typically an LLC, to collectively own a property. It provides an opportunity for investors to diversify their portfolios and enter the real estate market without the hassle of property management. The syndication is divided into general partners (GPs), who oversee asset management, and limited partners (LPs), who contribute capital and have a more passive role. We will explore the government incentives for property development and the prerequisites to consider before engaging in real estate syndication.
You can find show notes, resources and more at: https://bit.ly/3NpVB8v
Important note: at minute 13, Nick is referring to exemptions 506b and 506c, not 501.
Have you ever wondered how people amass extensive real estate portfolios or generate substantial cash flow? How do they build immense generational wealth? In this episode, we explore the "trade up, trade often" method and its application in scaling within the real estate industry. I will share the secrets behind moving from an initial modest property to acquiring several multi-million dollar real estate assets.
You can find show notes, resources and more at: https://bit.ly/3CoKbf2
Clayton Shearer, Managing Partner at Strategic Partners Financial Group, makes a return appearance to delve into the ongoing debate between real estate and stocks as investment options. He provides insightful analysis of the returns associated with each and offers valuable insights into why one might choose one over the other. It is important to approach discussions claiming the superiority of one investment avenue over the other with an open mind. While biases tend to favor one side, he sheds light on the multitude of factors that come into play when considering real estate versus stocks.
You can find show notes, resources and more at: https://bit.ly/3MQfaoY
Are you making the most of your financial decisions, free from the influence of emotions? In this episode, we sit down with Clayton Shearer, Managing Partner at Strategic Partners Financial Group, to explore the crucial role of working with the right financial professional. We delve into the factors that impact your experience and relationship with a financial planner, and how they help remove the emotional barriers that often cloud our financial decision-making process.
You can find show notes, resources and more at: https://bit.ly/3oCptor
Are you ready to get your wealth-building journey started? Today we explore the allure of homeownership, explaining why it is far easier than you may think to get this valuable asset in your portfolio. I will share the dangers of undervaluing rental properties and shed light on the potential of purchasing property in hopes of empowering you with the knowledge to seize these financial opportunities when they come up.
You can find show notes, resources and more at: https://bit.ly/3Bydtr8
As a real estate investor, one of the most common questions you may have is: "when is the right time to buy?" The answer is not about timing the market—it's about participating in the market over time. This is where cost basis averaging comes in, meaning invest when you have the money, and let the highs and lows of the market average out in the long run. In this episode, we will dive deep into the advantages of cost basis averaging, and how it can be an effective strategy for building a successful real estate portfolio.
You can find show notes, resources and more at: https://bit.ly/42pdGsd
Have you ever wondered how to deal with difficult tenants or if getting a real estate license is worth the investment? Today I will be answering some of the most frequently asked questions that I receive about real estate investing. In this episode, I'll explore the subjective nature of dealing with unreasonable tenants and provide valuable tips on how to maintain a positive relationship with your tenants. I'll also discuss the pros and cons of getting your real estate license and how to invest in real estate with limited funds.
You can find show notes, resources and more at: https://bit.ly/3nzQatG
Today we welcome Kim Lochridge, the Executive Vice President for Engineered Tax Services, and a seasoned real estate investor. Kim helps people implement tax strategies that can help them keep the money they earn, and in this episode, we will be discussing one such strategy: cost segregation. Listen in as Kim breaks down what cost segregation is and debunks some common misconceptions.
You can find show notes, resources and more at: https://bit.ly/3Lzw7oo
With rates increasing, the real estate market has been negatively affected, leading to a frenzy among home buyers. Today we are joined by Aaron German, Mortgage Loan Originator for CMG Home Loans, LLC, to discuss how loans work and the impact of interest rates on purchasing power. Aaron also sheds light on the significance of low-cost debt, highlighting that inflation outpacing debt results in what is essentially free money. Listen in as we explore the effects of interest rates on the average home buyer, as well as what it means when rates go up by even just 1%.
You can find show notes, resources and more at: https://bit.ly/3KWyCj6
Real estate can seem complicated, especially when we’re trying to navigate a volatile market. However, with the right guidance and information, it doesn’t have to be that way. In this episode, Megan Aller, Account Executive at First American Title, joins the show to discuss the four stages of the real estate cycle and how to recognize them. We provide an overview of the types of market, highlighting the characteristics that define each one, as well as how each stage of the cycle affects real estate investors.
You can find show notes, resources and more at: https://bit.ly/3zVErbk
Are you tired of living paycheck to paycheck and dreaming of financial freedom? Real estate investing may be the solution you're looking for, but it's not as simple as buying any property and hoping for the best. In this episode, we explore the powerful principle of falling in love with the numbers, not the property, when it comes to real estate investing. Our guest, real estate expert Matt Kurkowski, reveals the key financial metrics you need to consider when evaluating potential investment properties, and how to avoid the common mistake of buying a property in a less-than-ideal location.
You can find show notes, resources and more at: https://bit.ly/3UedR6B
Get ready to discover the secrets to achieving predictable greatness as Verl Workman, Co-Founder and CEO of Workman Success Systems, joins the show. A successful entrepreneur, author, and speaker, Verl coined the term "predictable greatness" and is here to share the habits that lead to success, how to hold yourself accountable, and why it's crucial to build a business that supports your lifestyle, rather than the other way around.
You can find show notes, resources and more at: https://bit.ly/40LAMs1
Sure, being a landlord is one aspect of real estate investment, but did you know that there are multiple reasons why savvy investors choose to invest in this market? From cash flow to appreciation, capital preservation, and even tax incentives, there's a whole world of opportunities waiting to be discovered. Whether you're a seasoned real estate investor or just starting out, get ready to learn how to leverage these four goals to take your investment strategy to the next level with expert guest, Matt Kurkowski.
You can find show notes, resources and more at: https://bit.ly/3JD6xwx
Debt doesn’t have to be scary! Jessica Uphoff, Producing Branch Manager at NEO Home Loans, joins the show to break down the differences between good and bad debt and why investing in yourself and real estate is the most powerful way to take your money and help it grow.
You can find show notes, resources and more at: https://bit.ly/3LvP0c1
In this episode, we delve into the world of income property ownership, as we discuss our best and worst experiences as landlords. Joining us on the show is real estate expert, Matt Kurkowski, who shares how real estate has positively impacted his life, providing him with the flexibility to quit his day job and retire early. We explore the amount of work that goes into owning rental properties, including the process of evicting tenants and handling difficult situations with kindness.
You can find show notes, resources and more at: https://bit.ly/3La1u97
What if I told you that the key to success lies not in your skills or talents, but in your mindset? In this episode, we sit down with Gavin Higashi, Senior Vice President of Chicago Title and a top-producing title rep, to explore the power of mindset and how it can impact our daily lives and potential successes.
You can find show notes, resources and more at: https://bit.ly/3mcxGhH
Are you thinking about acquiring your first property? In this episode, Zachary Sanders, a real estate investor, shares valuable insights on purchasing your first home, including the benefits of having renters in your property to help pay off your mortgage, how much cash flow you can expect to receive per month on a rental property, and the qualifications you need to apply for a home. Zach also debunks the myth that you must be wealthy to invest in real estate and emphasizes the importance of considering your long-term goals when acquiring your first property.
You can find show notes, resources and more at: https://bit.ly/3IzDJV3
Have you ever found yourself struggling to achieve your goals, no matter how hard you try? Do you feel like you're lacking direction or purpose in your personal or professional life? If so, then this episode is for you. Join us as Yamel Ramirez Maynard, Senior Coach at Workman Success Systems, shares her insights on finding your why and goal setting.
You can find show notes, resources and more at: https://bit.ly/3lGh0Pv
Real estate investing can be a highly profitable venture, but it's not without its challenges. One of the biggest hurdles for new investors is understanding the complex jargon and metrics that are commonly used in the industry. In this episode, I'll be demystifying the world of real estate investing by exploring the key acronyms and metrics that you need to know in order to succeed.
You can find show notes, resources and more at: https://bit.ly/3IrcY6y
Welcome to the LIV BYG Podcast! Join me and our knowledgeable guests as we provide you with the necessary tools, resources, and expert insights to turn real estate into a wealth-generating strategy. In this inaugural episode, we have the pleasure of introducing Matt Kurkowski, a Real Estate Investor and Partner at Black Yeti Group. He will be sharing his expertise on the significance of appreciation and why it's important not to delay purchasing real estate, but instead to buy real estate and wait for its appreciation.
You can find show notes, resources and more at: https://bit.ly/3Imi3gf