Real Estate Trends and Market Updates: Recent Episodes
Peter McKernan
This podcast is a discussion on what the market trends are in Orange County California as a whole, and what I see as a residential real estate agent in Orange County.
This is an episode where Peter McKernan was interviewed and gave his background along talks real estate with one of his past guests on his podcast.
Join us in this insightful episode as we dive into the intricacies of tax season with tax expert, Amanda Han, Real Estate CPA at Keystone CPA, Inc. With tax season already started and potential changes on the horizon, Amanda brings her wealth of experience and expertise to the table to guide real estate agents through the complexities of their taxes.
As a seasoned tax strategist specializing in real estate, Amanda shares valuable advice on what to expect this tax season and how agents can proactively prepare for any impending changes in tax laws. With her insights and practical tips, she helps listeners understand the nuances of tax planning and how to stay ahead of the curve in optimizing their tax situation. This episode is chock-full of strategies and advice to help you navigate tax season with confidence. Tune in now to ensure you're equipped with the knowledge and tools to make the most of your tax situation in the ever-evolving landscape of real estate.
Welcome to today's episode! We are thrilled to have a special guest, Dave Codrea, Partner of Greenleaf, a distinguished vertically integrated investment business based out of Atlanta, GA. With over 16 years of running this business, Dave takes us on a journey through the intricacies of running a successful investment business. In this conversation, Dave shares his early experiences navigating the real estate landscape, starting with townhomes, and sheds light on the challenges he faced when the market wasn't at its prime. Discover the strategies that allowed him to weather the storm during tougher times and emerge stronger. Listen in to find out how Dave was able to navigate the market fluctuations and maintain a thriving business. Learn valuable lessons on how skills acquired from prior occupations can translate into your real estate ventures. This episode offers a wealth of practical wisdom and firsthand insights. Tune in to gain a deeper understanding of the dynamic world of real estate, as Dave Codrea shares his expertise on successful business management, investment strategies, and the enduring lessons learned throughout his impressive 16-year journey with Greenleaf.
Join us in this episode as we dive into the world of real estate investment with our special guest, Gary Lipsky, the dynamic President and CEO of Break of Day Capital and best-selling author of "Best in Class." Gary shares the incredible journey that led him to become a prominent figure in the real estate industry, offering valuable insights and lessons learned along the way. In our conversation, Gary dives into the techniques and strategies that have fueled his success in the real estate market. Drawing from his extensive experience, he provides listeners with practical advice on navigating the complexities of real estate investment. Join us as we unravel the secrets behind Gary Lipsky's success and uncover the Best in Class strategies that have shaped his remarkable career in the world of real estate investment. Don't miss out on this engaging and informative conversation!
Welcome to this podcast episode I had the pleasure of being featured on hosted by Natalie Hemmens, a real estate pro at First Team Realty. Join me, as I share my journey from entering real estate to becoming an investor. Natalie and I dive into real estate strategies, market knowledge, and the highs and lows of the industry. Whether you're a seasoned investor or a first-time buyer, tune in for insights and inspiration. Learn more from a different perspective in this episode and take a quick dive into the dynamic world of real estate!
Make sure to take a look at Natalie Hemmens’ YouTube channel and connect with her on LinkedIn.
Listen to today’s podcast featuring Zach Lemaster, the CEO of Rent to Retirement. We dive into Zach's journey, where he transitioned from a career as an optometrist, serving in the Air Force, to becoming a key figure in the real estate industry. Zach's initial introduction to real estate was with a house hack, an investment made during his time in the Air Force. Hear the evolution of his real estate portfolio, growing from house hacks to duplexes, and how this snowballed into a series of successful real estate investments.
What makes this episode truly intriguing is how Zach and his team developed a systematic approach to investing that proved to be highly effective. This system not only propelled their success but became a valuable tool to assist others in navigating the real estate landscape through their Rent to Retirement business plan. Learn how Rent to Retirement helps individuals looking to build their investment portfolios thrive.
Welcome to the latest episode of our Real Estate Trends & Market Updates podcast as we kick off the year 2024. In this episode, we discuss the current property landscape in Orange County. Offering insights into the key components that demand your attention, particularly in light of this being an election year. What are important factors to keep in mind going forward with any investments, transactions, or deals? What implications does election year have? Lastly, how to prepare for what is to come this year. Tune in for a comprehensive discussion that arms you with the knowledge needed to navigate the real estate market at the start of 2024, with a keen eye on the unique factors associated with an election year. Whether you're a buyer, seller, or industry professional, this episode is here to help you make informed decisions in this real estate market.
In this episode, we sit down with Kathy Fettke, the mind behind Real Wealth Network, host of The Real Wealth Show, and author of "Retire Rich with Rentals." Join us as Kathy tells us the intricacies of partnerships with spouses in the business world, shedding light on the benefits and challenges that come with running a business with your partner.
Kathy shares her journey in real estate investment, recounting the evolution of a small venture into a significant success, all while working closely with her husband. Learn how their partnership turned into a powerhouse duo in the real estate realm and the valuable lessons they picked up along the way. Tune in for an inspiring conversation that explores the trials, triumphs, and strategies Kathy employed to navigate the complexities of balancing business with love.
Join us for an insightful episode that will equip you with the knowledge and tools needed to craft a winning business plan for 2024. Whether you're a seasoned agent or just starting your real estate journey, this episode is your guide to success in the year ahead. Uncover the key strategies and trends shaping the real estate landscape in the coming year. This episode provides valuable insights and actionable advice to help you formulate a winning business plan for the year ahead. Don't miss out on the opportunity to position yourself for success in 2024.
This podcast follows the recent news of the FEDs dropping interest rates in 2024. How is this going to ultimately impact the real estate market going further and what does this mean? What can you do now with your agent to take advantage of this decrease in rates? As we conclude the year 2023, we need to set the stage for the future year and get all of our priorities in a row. As we start to pick back up we need to be ready for what is to come.
In this episode, we are thrilled to have Jordan Berry as our guest, sharing his journey from a youth pastor to a successful entrepreneur in the laundromat and real estate industries. Join us as Jordan recounts the challenges he faced while transforming a struggling laundromat into a thriving business that ultimately granted him financial freedom. Discover the pivotal moments and strategic decisions that played a crucial role in Jordan's entrepreneurial success. From navigating the complexities of the laundromat business to seizing opportunities in the real estate market, Jordan's story is one of resilience & determination. Whether you're an aspiring entrepreneur, interested in the laundromat industry, or contemplating a leap into real estate, this episode provides valuable insights and lessons learned from Jordan's unique journey. Tune in to uncover the secrets behind his path to long-term wealth and equity, and gain inspiration for your entrepreneurial success.
When investing in real estate there are many aspects that you need to take into consideration. You need to show that you are qualified and have the right resources. We talk about some ways to make yourself look more desirable when purchasing a home from a bank or a lender. After that purchase, you need to focus on the other end of the investment plan, which is ensuring you vet the right people you get rental income from. What are the ways you can make sure after you invest in a property, that you can turn a profit and keep that as a revenue stream, which is the whole point. All these considerations are ones that you need to make before and during the investment journey to ensure you have success.
In this episode we dive into the life of Alvin Uy, an entrepreneur who came from the Philippines to the real estate scene of Los Angeles. Alvin's story is one of resilience and determination. In this episode we discover the pivotal moments that set the stage for Alvin's journey. In this episode, we explore Alvin's entrepreneurship as he founded Vinjen Realty, carving his path in the competitive real estate landscape of Los Angeles. But the story doesn't end there Alvin's ambition led him to establish AARK Investments. Alvin recounts the obstacles he overcame, the sacrifices he made, and the life-changing decisions that propelled him towards success. Whether you're a budding real estate enthusiast or someone in search of inspiration, Alvin Uy's narrative is a testament to the transformative power of resilience and tenacity. Join us as we uncover the secrets behind Alvin's success, learning how he turned challenges into opportunities.
In today's episode, we are excited to have Ed Stulak, whose journey began with a passion for hockey, but eight years ago he made a bold move to transfer to the world of real estate. He used his knowledge of social media to propel his real estate business to a new level.
In our conversation with Ed, we explore how he recognized the crucial role social media plays in our lives today. Instead of simply adapting social media, Ed took a different approach and became a specialist in leveraging social media for real estate success. He not only embraced its intricacies but also found innovative ways to use it as a tool for generating leads and converting them into tangible results. Ed's unique perspective on social media engagement is a game-changer. In this episode, you'll learn about the strategies he employs to stand out in this crowded digital world.
Currently, at the head of Orbis Group, a thriving real estate group based in New Jersey, Ed leads a team of 12 agents. Tune in as Ed shares the highs and lows of his journey, and the lessons he's learned along the way. This episode is a must-listen for anyone looking to take a different and more effective approach to social media engagement, whether in the real estate industry or beyond.
In this episode, we sit down with Lindsey Duguet. Lindsey isn't just a real estate investor, she's also a doctor of medicine, bringing a unique perspective to both fields. Join us as Lindsey shares her journey into the world of real estate investment, discussing the challenges, successes, and lessons she's learned along the way. From co-owning Duguet Estates to navigating the of the medical profession. She is also a real estate investing coach who help sother individuals with tther real estate investment portfolios. Listen in to find out the various real estate investing tips and tricks.
Meet Ryan Bogden, a dynamic real estate agent and investor who made a successful leap from the world of financial advising to the competitive real estate market just two years ago. Ryan was in the Air Force before becoming a financial representative. Then worked his way into running his own office as a Team Lead at Keller Williams. In this engaging podcast series, join us as we explore Ryan's inspiring journey of becoming a thriving entrepreneur in the city of St. Petersburg, Florida. Discover the strategies, challenges, and triumphs that have defined his career, as he shares valuable insights and expert tips on real estate, investment, and entrepreneurial success. Tune in to gain a glimpse into the life of Ryan and find inspiration for your own path to success.
In today's episode, we are thrilled to have a special guest, Sam Primm, a seasoned real estate investor known for his expertise in fix and flips, rental properties, and innovative approaches to social media marketing. We dive deep into Sam's journey in the real estate market, discussing his successful ventures in fix and flips, where he turns distressed properties into stunning homes. Discover the secrets behind his rental property portfolio, and gain valuable insights into the strategies he uses to identify profitable opportunities in the market. Don't miss this opportunity to learn from the best in the business. Listen in to this engaging conversation with Sam Primm and discover how you too can thrive in the world of real estate investing and social media.
Today, we have a special guest with us, James Nelson, a seasoned commercial real estate agent with an impressive 25 year track record. Based New York City, James has been instrumental in guiding countless individuals towards profitable real estate investments.
Join us as James shares his knowledge and experience, offering valuable insights into the complexity of the commercial real estate market. James has not only helped people find great investment properties but has also has been instrumental in getting them to make informed investment decisions.
James is also the author of the acclaimed book, Insider’s Edge to Real Estate Investing, a guide that reveals the insider secrets of the real estate industry. In our episode, we'll explore and show you a sneak peek into the strategies that have transformed regular investors into real estate moguls.
In this episode, we sit down with Derek Sherrell, also known as That ADU Guy, to unravel the world of Accessory Dwelling Units (ADUs) in real estate. Join us as we explore the concept of ADUs, we go into what they are, how they are transforming the real estate world, and the wide array of possibilities they offer to homeowners and communities.
Derek Sherrell, a seasoned expert in the field, shares his wealth of knowledge and experience of ADUs. We go into the innovative ways people are utilizing these secondary housing units, from creating additional rental income to creating multi-generational living arrangements. We also go into the successes that Derek has had working with ADUs. Listen in to find out more about ADUs as well as the journey that Derek, That ADU Guy, has had in real estate.
In this episode, we unravel the shockwaves sent through the industry by Redfin, one of the leading online real estate marketplaces, as it decides to part ways with the National Association of Realtors (NAR). Why did this happen? What does this mean for the future and what will other companies like Redfin, such as Zillow do? Listen in for news about this situation and stay tuned for more updates about what going on in the real estate world!
In this episode, we discuss the multiple challenges prospective homebuyers and current homeowners face. First and foremost, we address the elephant in the room: inflation. The soaring inflation rates have significantly impacted the purchasing power of consumers, making affordability a significant issue for those wanting to own a home. They have influenced property prices and the ways in which individuals can prepare for the future. We also address How interest rates and student debt have affected many people's consideration of the future.
In this episode of Real Estate Trends & Market Updates, we dive deep into the world of FHA loans, shedding light on the challenges and solutions that homebuyers face when pursuing this popular financing option. FHA loans can be a fantastic choice for first-time buyers, offering lower down payments and more flexible credit requirements. However, like any financial venture, they come with their unique set of hurdles.
Whether you're a first-time homebuyer or a seasoned real estate enthusiast, this episode will equip you with the knowledge and confidence to navigate the FHA loan landscape effectively. Don't miss out on this informative discussion that could make all the difference in your homeownership dreams.
In this episode, we're diving headfirst into the dynamic world of real estate networking, exploring the numerous benefits, key takeaways, and the pivotal role of joining networking groups in your journey toward real estate success. Networking in the real estate industry is more than just exchanging business cards; it's about building relationships that can change your career trajectory. Our experienced hosts are joined by industry experts, successful real estate professionals, and networking group leaders who share their insights and firsthand experiences. Joining networking groups is a game-changer, and we'll explore why. Learn how these specialized communities provide a unique platform for collaboration, knowledge sharing, and mutual support within the real estate sector.
In this episode, we have the privilege of sitting down with Matt Faircloth, the co-founder and president of The DeRosa Group and author of his best-selling book, "Raising Private Capital.” Matt is a seasoned real estate investor, and he's here to share his wealth of knowledge and insights with us. Our conversation starts by exploring the world of bridge loans and how Matt and his team utilize them as crucial financial tools in their real estate investments. We discuss bridge loans' differences, benefits, risks, and when they make the most sense for your real estate endeavors. He talks about the fundamentals that allowed him to take his business to new heights and provides valuable tips and strategies that every real estate investor can benefit from, whether seasoned or just starting out. Listen in and get ready to supercharge your real estate portfolio!
Join us for this episode as we sit down with Craig Curelop, a seasoned real estate investor and accomplished real estate agent. Craig is not only a thriving entrepreneur but also the founder of The FI Team. His story is a great example of the power of pursuing one's passion and redefining what the American Dream means to you. Craig's journey began in a conventional job that many would consider the “American Dream”. However, he soon realized that his true calling was somewhere else. After doing research and finding Biggerpockets, he relocated to Denver, Colorado, where he began his path in the world of real estate. In this episode, Craig Curelop shares the pivotal moments and insights that propelled his career forward. Tune in to gain valuable insights into real estate investing, entrepreneurship, and the pursuit of financial independence.
Welcome to another exciting Real Estate Trends and Market Updates episode. Today, we're thrilled to introduce you to Omni Casey, a man whose journey from teaching people how to ride the waves in Hawaii to becoming a thriving real estate investor is one to listen to. Omni Casey, the founder of the Cash-Flow Breakfast Club, has a life story that is quite fascinating. Join us as we take you through the highs and lows of his journey, exploring how a career teaching surfing in the scenic paradise of Hawaii led him to the dynamic world of real estate. Discover how he managed to juggle roles as an agent, broker, and investor simultaneously, all while riding the waves of the real estate market. Tune in as he offers valuable insights, lessons, and experiences that can inspire anyone looking to make a splash in the world of real estate.
While rates are continuing to stay high, the market still has a positive light now and in the future. All the people talking about this bad market are not completely seeing the full picture. There are so many different aspects you need to consider when dealing with the housing market right now. You need to be making decisions based on what is in your best interest, not what other people are saying is right for you. Do your research and make the educated choices that make sense for you. There are plenty of ways to navigate through this market and it is not the end of the road for the future in real estate.
This episode features Alvaro Najera Montalvan who started his career as an engineer at UCR. He decided to completely change courses in his career when the job site was going to switch locations out to LA. This made him dive deep into real estate in Temecula and Riverside. This podcast went into how he found success early and how it snowballed after his first deal. From building rapport with his early clients and how those impact referrals from there on out. We also discuss the difficulties that most realtors go through and the various ways he has dealt with them. Being a new agent is a learning process and that is exactly what this episode focuses on.
Today’s episode we have on Matt Floyd, who is a Wisconsin native but is now living and doing real estate in San Diego, CA. He started off his career in software sales, and after moving to the Caribbean for a year he made a stride to real estate. Matt was so great to get talking about his life experience and adventures. We go straight into his journey of finding a life in real estate. His journey started when he bought a four-plex for $55k, then moved to buy a 7 unit multifamily complex. We go into his work in short-term rentals which is what he deals with heavily today.
This episode focuses heavily on the data that shows the change in transactions for this year, as opposed to the years that we have seen previously. The predictions and what we have experienced thus far are a decrease in transactions from both buyers and sellers. This results from many things in the market, especially the amount of inventory there is. What should you be doing now whether you are a veteran or a new realtor? The most significant thing that every realtor should be doing is following up. Not just with past clients and leads, but anyone that may be on the horizon that might not be looking to buy or sell at this moment. Thank you for listening, give us feedback on this episode and what more you may want to hear!
What type of market are we seeing today? This is one that we are seeing multiple offers being put on properties. This is because of the low inventory that we are seeing in Orange County and L.A. County. We are seeing more expired and canceled, as well as properties getting offers that are significantly over asking. This is the market that we need to be prepared to think of different strategies and tactics to get your buyers into a home and beat out the competition. What other trends should you be paying attention to not only for yourself but also to communicate with your clients?
This episode is a short review of an article that just come out by Yahoo Finance, as well as a market update. Inventory is very tight which is making the market very active. We are seeing multiple offers, what will this mean going forward in this real estate market? We also discuss the interest rates and what we should be doing month to month to keep ahead of this market, as agents as well as someone looking to buy or sell. Listen in to find out!
Ryan Burnham is our guest in today’s episode, he is a real estate investor out of Minnesota. Starting his real estate venture by buying house hacks in 2021, Ryan has moved to managing and investing in just under a dozen units. In this episode, we hear all about Ryan’s journey to real estate, the struggles that he experienced, and the lessons he has learned. We learn more about what other activities he takes part in which can be surprising at times. Listen in for a great episode with guest Ryan Burnham.
Lee Yoder started his career path being a physical therapist. He worked in this field for a short while before being introduced to the work and world of real estate. He is now the Founder and CEO of Threefold Real Estate Investing. This company helps investors achieve passive cash flow and grow their wealth through multifamily investing. This route is very common and is one of the surefire ways of getting into real estate investing. In this episode, we discuss how he got into this and what it took him to start up his own investments and company. Lee Yoder was an incredible guest with a lot of knowledge in this sector. Listen in to get the whole story.
Starting his career in the Marine Corps, David found his passion for real estate like many by investing in properties and later turning that into a full-time career. He is passionate about spreading information, particularly about VA loans, that help veterans buy houses. We talk about what it was like for David to be in the Marine Corps, and simultaneously working in real estate on the side. Not only that but also what it was like transitioning to working full time and dedicating all his energy in that space. The push back and the difficulties. Listen to hear the story of “The Military Millionaire,” David Pere on this episode.
On this episode we have Josh Janus, who at the young age of 22 is very successful in the real estate and real estate investor industry. He has sold over a hundred properties and has a few dozen investment properties that are creating income for him. In this episode we dive deep into Josh’s background and what got him to this point in his early career. As well as how he learned to become so succesfully so quick. Also hitting on how Josh learned how to systematically condence the work he does to become a better and higher producing agent? What does this consist of? All of these are such important topics to listen to especially when it come to the background work that goes in to many task when working in real estate and with investment properties.
Starting her career in real estate focusing primarily on fix-and-flips, house hacks, and short-term rental properties. Antionette found herself shifting paths to operating a residential assisted living facility. This was a huge leap that it took to get herself in that position and this podcast really narrows in on that leap and what it took for her to get to this point. Antoinette also focuses on how she was able to become financially free through real estate investing and what her portfolio consists of. This episode really highlights the avenue of real estate investing especially those that many people go through when first starting. What most people don't know about investing when starting their venture. How this can help you!
Today’s episode features Erik Hatch. He is a North Dakota-based real estate agent and team lead for his brokerage Hatch Realty. Like many, he didn’t begin his professional career in real estate. He was first a youth minister for nearly a decade. It was here where he found his passion for guiding individuals toward success. Starting out his career part-time in real estate back in 2006, Erik later found himself growing toward a full-time real estate agent and team lead. Erik also does leadership and business coaching. This episode discusses the hardships of starting a real estate team. All the bumps and turns many agents go through when they start a team. What goes into it? What type of things do most agents NOT think of in the process and much more! Listen in to find out more about Erik and his story.
What does the future look like in real estate now? Did we reach a point where we are in a seller's market? What are the days on market here in Orange County, and what does that mean for home sellers? How does the inventory impact this as well? Are we getting multiple offers on properties or are they still sitting on the market? All questions will be answered here in this market update.
This is going to be a market update for April 2023, coming out of Q1. Giving some context of what this year has looked like and what some data has been showing. Comparing data from the past few years to what it is looking like now. This episode is a short one but packed full of useful information for everyone. Listen in to get our market update and stay informed.
From first-time home buyers to someone that has sold and bought before, this podcast has information for everyone. This episode features talk about a new program that just came about in California called the CalHFA Program, also known as the Dream For All Program. The bulk of this episode talks about what happened to this program. What was it intended to accomplish? What went behind the program? And why is there no money left in the program after only launching less than a month ago? All information given here!
Starting her career as a teacher, Melissa found a passion for real estate and switched courses. She grew her business and her team in Memphis, Tennessee. Having over 30 years of experience in the real estate industry, Melissa is a seasoned agent and real estate professional. This episode features a deep conversation on today’s differing market from when Melissa started her career. How many tactics are different? What works now that many would not have thought of previously? Also, discussion on the challenges agents face today and how that impacts home sales. A great conversation with Melissa Thompson from eXp Realty out in Memphis.
Starting his career in real estate in an unconventional way, Damion found himself trying his hand at various different avenues in the industry. Along the way, he found things that worked and some that didn’t. It is those experiences however that shape a real estate agent and that is what we discuss in this podcast heavily. All the ways that the market has changed from back in the early 2000s to today. All of the tactics that worked back then might not be as profitable today. How can we take these experiences from the past and use them to our advantage today? Taking the experiences of others as well and applying them is crucial.
In this episode, we have Casey Franchini who is a Real Estate Investor & Coach that started her career in Orange County. Now she is moved to the Memphis, Tennessee market where she works with Brick By Brick Wealth. She focuses on single-family residential rental properties and coaches others who are aspiring real estate investors as well. We discuss what active and passive investment properties she works with and which ones are worth more. This episode really deals with the mistakes most people make when first starting investment properties. How to avoid these mistakes and what to do to understand ALL aspects of real estate investing.
Colton started his career in real estate during the housing market crash of ’08 in Las Vegas. Primarily working on short sales, he found success in that market. Having traction in Las Vegas he later discovered he needed to switch gears to a different area due to the changing market. Colton then moved to California where he experienced a different real estate game. Colton primarily focuses on lead generation for the agents on his team. He finds his passion through the systems and processes that go into finding those leads. This podcast follows Colton’s changing career path and how he had to alter his approach to real estate. Also diving into the various ways to generate leads without doing the old “cold-calling” tactic that often is inefficient depending on your situation.
This episode welcomes Amanda Han, a CPA specializing in tax strategies for real estate, self-directed investing, and individual tax planning at Keystone CPA. She has been in this field for over 18 years, as well as being an investor herself for over 10 years. Her investment focus is on residential and multifamily assets that are able to hold long-term. Amanda’s book “Tax Strategies for the Savvy Real Estate Investor” has been on Amazon’s bestseller list and has helped many real estate investors gain the knowledge of tax strategies to really succeed, especially those who may not have that knowledge at their disposal. The main topic of discussion in this episode is those tax strategies that are essential for investors to be aware of.
What are those major tax benefits and tax savings that you can use to your advantage?
Aaron Villereal joins us on this episode for another in-person podcast. Aaron is a Partner at Movement Real Estate at Keller Williams. He is not only a real estate for Keller Williams but also for their Sports and Entertainment branch. Starting his career in the battery sales industry in Colorado, he found himself transitioning to real estate and moving to California. What he found throughout working in both sectors is the importance of relationship building and perseverance. A major discussion topic for this episode is the hardships that Aaron faced through the pandemic and how he found the key to becoming successful was focusing on and building client relationships.
Stefanie Lugo is a Real Estate Coach & Speaker who specializes specifically in social media marketing in the real estate industry. She started her career in real estate much like others who wanted to get away from their W-2 job and create a business of their own. She saw the opportunity in real estate and she has found her footing within this market. She coaches many real estate agents on the importance that marketing has in growing their business as well as generating leads. She also coaches those agents on how to organize and systematically increase lead-generating operations. This episode is great for ALL realtors, but especially those who are wondering if they should focus on creating a social presence online and how Stefanie has done that with her own business, and how she coaches others to do the same. Thank you for listening!
Welcoming back Rick Sharga in this episode with our FIRST in-person podcast. Rick has been on the show before during our virtual sessions but is back now to discuss what is going on in the mortgage market today. Rick is the Executive Vice President of Market Intelligence at ATTOM, one of the country's leading providers of comprehensive real estate data for companies in the real estate, mortgage, insurance, finance, and government markets.
In this episode, Rick and I dive deep into conversations on mortgages and how the real estate market looks so different now than it has in previous years. What the future may hold and what data resources to pay attention to as you navigate this market in 2023. Thank you for listening and I hope you all enjoy this discussion.
On this episode we have the pleasure of having Neal Bawa back. Neal is CEO & Founder at UGro and Grocapitus. These are two real estate investment companies that are responsible for about 4,800 units with an AUM value of over $1 BILLION. Neal & Co. use advanced analytics and technology to generate successful results. He also holds a multifamily webinar each year that generate thousands of attendance to his Magic of Multifamily Boot Camp. Neal and Peter discuss the economic impacts that are occuring thus far in Q1, and what predictions Neal sees happenining further in the year in Q3 & Q4. Predictins such as rent growth in the U.S. as a comparison to the inflation rate in the U.S. What does this mean? Listen to find out! Hope you enjoy this episode, thank you or listening.
Today we have Whitney Elkins-Hutton who is the Director of Investor Education at PassiveInvesting.com. She helps busy professionals achieve financial freedom through passively investing in cash-flowing real estate in their local communities. Primarily through educating investors about how exactly to invest in low-risk real estate investments in the hottest real estate markets in the United States. Having partnered in over $700M+ of real estate, this includes 5,000+ residential units and 1,400+ self-storage units across the seven states she works in. Whitney is well-versed in her field and has great advice and guidance for investors to gain the knowledge they need to properly invest. This episode is definitely a MUST listen to for investors wanting to learn more about gaining financial freedom.
On this episode, we have Steven Louie who is a successful real estate investor in about 3,000+ units with a focus on value-add multifamily opportunities in Phoenix and Tucson. Steven was a corporate underwriter for a health plan for much of his life then moved his way into real estate. Eventually becoming a partner at Vertical Street Venture, a multifamily real estate investing company. Vertical Street Ventures was formed to help investors create wealth through passive real estate investing. In today's podcast, we discuss the shift it took to move from a W-2 job to becoming an entrepreneur and investor in real estate. How he and his company help individuals become financially free through investing.
On today’s epidsode we have Jonathan Hayek, who started out his professional life teaching Special Education to Kindergarteners up to High Schoolers. Looking for time and location freedom in his life Jonathan changed his career path to Real Estate, particularly housing flipping and multifamily rentals. We discuss the key lessons that real estate investors and agents need to learn when starting out in the industry. What relationships you need to focus on building to be successful, like the relationships you have with brokers. We also discuss the importance of taking calculated risks and learning from not only the mistakes you have made, but from the people who have been in your position before. Being in the commercail real estate investment business Jonathan talks through different elements that have helped him along his career.
Listen in to hear all of these tips and to learn more about Jonathan Hayek. Make sure to check out his podcast called “The Source of Commerical Real Estate."
This podcast features Toby Fernie, a Realtor and Social Media Expert in Monterey, California. Starting his career in real estate helping college students find rental properties for off-campus living at Boston College. Toby later found himself teaching in Boston as well as abroad for many years. Finding his way back into the real estate industry after moving to Monterey, this podcast discusses his transition back into real estate that he had to endure and the learning curves that it took to be successful in a different market. He used his experience being a teacher to his advantage and started a Real Estate Education Seminar with the Monterey Peninsula Unified School District. This episode discusses Toby’s life experience and focuses on the aspects of how social media has helped bring business to him and how it can be a major asset.
Happy New Year and Welcome to 2023! What are we looking at while we enter the new year, what does the market look like as we glide into 2023, and how can we better navigate through the future upward climb in real estate? Touching also on what is different at the start of this year compared to where we were a year ago. We are looking at a better start to the year as inventory is higher than at the start of 2022. How can you work with your buyers and sellers to get them the best outcome while keeping their expectations realistic? These are important aspects to really think about as you jump into 2023.
When going into the New Year, what are some key aspects to review when creating a business plan for success? How to reflect on previous years, what to look forward to, and how to set goals to meet those plans. Make sure to not skip over the small steps you have taken to meet those bigger goals. Count all your successes and reflect on all your setbacks. What can you do to fix those setbacks? Goal planning is one of the most important activities that successful plans have.
Other major topics of discussion that I think is very important to listen to are lead generating and marketing. These are aspects of your business plan that are sometimes overlooked and are areas that need a good amount of attention. These strategies not only need to drive clients to you but also need to add value. All these topics discussed are important to review for the future when building your business’ brand or reflecting on what you have done previously.
This episode is a market update on what the Feds have been doing to increase interest rates. What do the interest rates look like now compared to what they did back in June? How is this impacting the market now and in the year to come? Why are people speculating that this next year is going to be worse than the market crash of 2008?
Additionally, information on the Jobs Report that came out shows consistent jobs being added to the market, while Big Tech corporations are pulling back on labor. Touching also on what inventory looks like in Orange County now vs. what it looked like during the housing market crash, and why they are different.
Brian Burke is President / CEO of Praxis Capital Inc, a vertically integrated real estate private equity investment firm. He has acquired over half a billion dollars worth of real estate over the course of his career. Peter and Brian talk about market trends and how Brian has been in a “watch and wait mode” with his business. He and his team are observing the market and what is happening and calculating a plan of attack for the year to come. Brian is the author of “The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications” to help educate people on passive investment properties based on the experiences he has seen through the people in his life. He describes how his book has benefited everyone involved, especially his clientele.
Connect with Brian: https://www.linkedin.com/in/praxiscapital/
Starting his career as a Marine Corps Scout Sniper, Jon later gained experience with investing through BiggerPockets. This introduced him to the Real Estate industry. He took to being a Loan Officer which helped him in successfully co-founding American Home Acquisitions, a Real Estate Wholesaling business. In this podcast, Jon and I discuss what has changed in the market in 2022, and how that has affected how he does business. We discuss why Jon focused on Real Estate in the Midwest as opposed to Southern California. What are the strategies Jon focuses on that might not translate across different markets? All great points to be made in this podcast about Wholesaling Real Estate with Jon Lallande.
Another Real Estate Trends and Market Update Episode for November 2022. This episode is important for home investors and people who are selling investment properties. Consumer confidence is DOWN, Inflation is UP. Companies such as Redfin and Opendoor are taking this into account with their own personnel. Big investors are affecting purchase prices, especially in these kinds of markets. Is this turning our world into a renter’s nation? Additionally, big corporations are looking to buy $1 BILLION worth of real estate while the market is down. How is this affecting everyone else in the market?
This is an incredibly important episode, especially coming out of the midterm elections. This market update touches on what to expect in the coming months as the recession starts to ramp up. Right NOW, this is the time you should consider buying. However, you need to make sure you are buying smart. This means being patient and cautious. Listen to the rest of this episode to learn all three tips to follow when buying in this market and time of recession.
Today’s SoCal market looks completely different than it did a year ago. Days on market on average have highly increased comparatively from last year, some even 5x longer than the previous year’s average. What can YOU as their listing agent do to give more value to their property if it is sitting on the market longer than expected? As a listing agent today, what are the MOST IMPORTANT elements to be looking at for your client? How can these aspects translate into negotiating with your client to maintain expectations in this market? As a buyer’s agent, these are the elements you should be keeping an eye out for to use as an advantage in a turbulent market like today.
Aaron is a seasoned business professional with over 20 years of experience and 120 million dollars in closed Real Estate by taking care of the needs of his customers. Owner of The West Experience Real Estate Group at PMZ Realty, he uses a very powerful and proven marketing and internet heavy advertising plan customized to fit his client’s needs. Aaron
discusses what most people go through when switching to a career in real estate, the trials and tribulations that not only him but his clients had to endure due to times like the Great Recession. Aaron addresses the physical and emotional output that he needed to put into his business growth. Which is what most people need to hear when it comes to forming a business in real estate and the hardships that the industry can produce, especially in the coming years.
: Gino Barbaro is the co-founder of Jake & Gino, a multifamily real estate education company that offers coaching and training in real estate founded upon their proprietary framework of Buy Right, Manage Right & Finance Right ™. Starting in the restaurant industry, Gino discusses the switch he made to the Real Estate industry with Jake Stenziano during the 2008 recession. Diving into the systems and processes of scaling your entrepreneurial venture in real estate.
These are things that people need to hear and really take home and
implement. These are questions that come up all the time in investing and making sure you are well protected! It is hard to make sure that everything is covered, and LLCs along with insurance can really do that for you! Protect your assets by LLCs, Insurance and getting trusts to cover everything too!
What is be the stage mean, what does it mean to connect with people on a
different level. This is what we cover here on this episode and how Pablo became the Cofounder of Be The Stage, how to network well and much more! It is hard to do it all in one conversation with people but he hits in on the head on how to excel and get better and better!
Does this mean that we are going to the bottom of the real estate market? No that does not mean that at all, it means that you can negotiate more, still sell with equity coming back to you and putting you in the best place possible as a buyer and seller! This is a normal market right now where you can get some cash back and still get an inspection done!
When do you hear the story of the ups and downs, then go directly up after two years of cold hard research! This is really the words that you want to hear, how to miss on one step in real estate investing then go to the top in your class in real estate investing after you overcome so many different things in life! This is really it, and the podcast you need to listen to!
Have you ever thought to yourself how do I get to have someone mentor me and actually help me get to the next level they are so far away from where I am and where I want to be? Pam talks about how she was able to take easy small steps to get into a mentors field of view to have them mentor her and actually get mentored by that person. This happened and pushed her into the investing space way higher than she ever thought could be possible for her all while she left her W2! Take a listen!
Check out Pam: https://crew-ie.org/biography/pam-scamardo
Rick Is the EVP at ATTOM and has a great grasp on the market as he has been looking at Data for the past 20+ years in the industry of real estate. He is truly a data driven thought leader and helps people on a daily basis get to a conclusion in their market, and or the nations large market of real estate to make that educated decision for what they should do on their buying strategy or helping clients make the right decision for buying/selling. We discuss if there is a market drop coming and go over all these other factors of what the housing market looks like now and going forward!
Check out: https://www.attomdata.com/
Rick Is the EVP at ATTOM and has a great grasp on the market as he has been looking at Data for the past 20+ years in the industry of real estate. He is truly a data driven thought leader and helps people on a daily basis get to a conclusion in their market, and or the nations large market of real estate to make that educated decision for what they should do on their buying strategy or helping clients make the right decision for buying/selling. We discuss if there is a market drop coming and go over all these other factors of what the housing market looks like now and going forward!
Check out: https://www.attomdata.com/
Have you ever seen someone do a house hack and be successful at scale?
This is what Frank’s company does on a daily basis, they do this at scale in other locations than just one market. His company Padsplit started only four and a half years and they are scaling to multiple markets through raising money and having a very lined out process to get renters into the property. This is a great company to check out if you are looking for something more passively or to check out their model to duplicate it.
Check out Frank and his company: https://www.padsplit.com/
Their ability to pick a good market is very tough and something that can take years as someone grows their real estate investments. Neal has really got this down to a science and he dives into the data on how he gets to the place of getting the right location of the investment. We go over how to get something where you know the growth of the area will expand to the point that the rents increase. This is science and Neal nailed it down.
Check out Neal: https://multifamilyu.com/
There is inventory in all prices up by 35% all the way up to 79%, how do we know the market is or is not going to crash, well, we go over the market and all the info on the market these days! The market is a more normal market which is great news!!
Michael and his business partners started HomeRoom and have been very
successful in the short time in the market at buying homes, dividing up the rooms and
then getting their investors more money on their returns. They find multiple properties at
once and do a lot of deals for investors so that the investors can keep coming back to get
great returns and consistent returns. Their model is something they have been able to
transfer to multiple areas and model each and every state they get into! Take a listen if
you want to invest or if you want to just see how to scale your business!
https://www.forbes.com/profile/michael-tich/?sh=634e6d639ac1
Buyer's should always be prepared and not mess around with just submitting an offer without thoroughly checking their numbers and checking with the lender. It is tough when you have so many things going on; however, you want to make sure that all your ducks are in a row. Along with that quick tip we talk about a new and updated market data sheet and market update.
We have a changing market and what should you know about where we are headed and what the last crash looked like around the nation and around the SoCal market. There are many data points to track, these are only a couple however there are many things that need to be known from how different the times are this go around verse the last housing crash!
In this episode we talk about how struggles in life can build character, build the ability to move through harder things in life and push the limits of what you are capable of in life. Logan is a prime example of how he has been through a lot and got through it without even skipping a beat. We talk about the current state of the market in syndications, multifamily, mobile home parks, industrial and much more! There are a lot of things that go into running a team and we talked about how to be a successful leader too.
Check out
https://ftwinvestmentsllc.com/
https://www.linkedin.com/in/livefreeinvestments/
We are seeing a lot of changes, there are interest rates changing daily and there are a lot of things that can change the real estate market. What do we see the next year or so? We see that rates will continue to rise and people will still need houses so the demand will still be there!
How do you get 400+ flips done and keep going to make sure the whole team is taken care of throughout the years of uncertainty. This is usually happening on a slower scale, Jim however was able to perform his model through the ups and downs. This was so calculated that when the market changed, he picked up a new way to fund deals and make it happen! This was great news for him while the whole real estate market was crushed he kept himself, his team and most importantly the investors going with the flips he was doing!
Have you thought about running your own team and what that looks like when you take it over from someone else. Is there a time that you wanted to be on a team that was successful and what there needs to be done to be successful while that team lead. We talk to Karen who is a very successful team lead on how really to be very successful and what to do on a day-to-day operation to get the ball down the court. Karen has written books, run a team landing more than $115M a year and more!
Check out 5minutesuccess.com
Check out her Podcast 5 Minute Success Podcast
Check out her books 5 Minute Success
When buying real estate, there is a lot of ways to be profitable and they have taken a page out of WeWork by renting out space in a house, rooms in a house and more. Shared space or shared rooms in a house are becoming very common especially in real estate that is in busy areas like LA and New York. It is cheaper and way easier to rent one small place out then rent a large apartment in these areas for 4K a month. Take a listen and some notes because the people out there looking to househack are people that will benefit from this one too!
When the world is changing and things are thrown at an individual, the challenges that come at people either make them stronger or weaker due to the situation. This story that we have here with Barbara is the story of how a hard situation, or tough hand was turned to be a huge blessing for her. She was able to build wealth slowly and confidently over the years of her life to a respectable amount of properties. As she talks about her struggles, we come upon a lot of golden nuggets through her journey that a lot of people can take home and use as motivation to get your first deal or 20th deal when you think your journey maybe hard.
Check us out on youtube too!
https://www.youtube.com/channel/UCqnRgYt0nO1DddDzRmde6Xg
When you are thinking about investing and real estate you do not think about ATMs as a cash cow, well Dave and his investing does along with being very successful at those investments. The fact that Dave can make up to a 24% return on his investment is crazy from that small ATM that is at a 7 11. The other thing we talked about is Cost Seg. Something you should look into as a real estate professional as well as you should be looking into this if you are an investor or not!
We talk all about how to protect yourself, your family and you from heartache if there is something that happens to you or your family members. We talk about protecting yourself when building well and what to do if there is something that comes up through life like a lawsuit or something else.
Where is the market going after the FEDs talk about using their tools for inflation, what do we see as a buyer and as a seller? There are many things that could happen, and some that will change along with some things that will stay the same in the facts of buying a home and selling a home in this market. Are the rates going to stay or drop, and where should we go from here as an investor future housing market user. Stay the course and we will explain why here.
I know that most of you have thought about leaving your W2 and how that looks once it’s done. There are many people that have been successful at doing that and Dustin had the choice given to him when he was 37 (great podcast number to get him on as he is our 37th guest), and he gives us his story how he became financially free along with gathering 30 units plus of SFR. Check out Dustin’s website to know more as well! https://www.masterpassiveincome.com
A lot of times to take emotions out and bring in the black and white numbers about a property(s) you are going to buy it is hard to do! This is a quick how to and conversation on what to do while investing and taking the honest emotion out of it!
This is something everyone should do to increase their income, net worth and even horizontal income goals as well! Take a listen to these three items to make sure they put you and your family in a great position for the next year to be completely successful!
There are many times someone goes into a career field finding out it was not for them, and this episode talks about perusing something other than the career you spent a lot of time in. Charles talks about how he was able to become successful and consistently builds people into rock stars in apartment investing and how he got to where he is today in apartment investing! We also talk about his academy he runs as a coach and gets people to really dig in and become super successful in investing.
Check out: www.multifamilyinvestingacademy.com
What to do to get your business ready for 2022 and how we business plan for the future year coming up to capture the best profits, grow our team and become a better brand.
Are you looking to get out of your W2 or invest while having a W2? This is a good episode to listen to, or watch on our YouTube Channel with Dan Perez, him and his wife currently work full time as accountants and invest as well while being successful at it. They invest out of state and that brings great advantages for sure while living in a state where they can make more money then take it to invest it in a market that is less expensive. They also have only being investing for about 3-4 years as well.
This is a quick market update and this market is being effected by inflation. What should you do while and if you have money sitting in the bank. There are many things that you can do, and there is nothing more than reading the market, taking the money and deploying the money to a place that is really needed!
Is there a market crash coming, is this why they are doing this, or is there a reason that it is happening! Yes, they are doing this because they made some bad, or not so good decisions. We’ll recap what is going on and why this is happening now on this episode.
We talk today about how to tap the money that you never think about, how to lower your expenses through alternative thinking, and how to be able to capture more money that you never thought you could use on a daily or monthly basis. There are many different ways to make more money, Jordan gives us examples of being great at doing it all while being in position that you maybe only have one asset or single income. This is something you should take a listen to if you want to capitalize on your money that be used to build more wealth.
What is the market been doing and what is the market going to do throughout the end of this year going into the next year 2022. Listen up, see what we are thinking and seeing for the new year, is the market dropping, staying the same or going up?
We have always wanted to be one of those people that set goals and accomplish those goals! This is a great episode to take a listen to on goal setting how to get to your goals and go past them with relentless motivation and drive. Take a listen to this episode to be able to see how Anna was about to knock out her goals in a 5 year window!
Soon enough the US Government will be jumping into home sales and buying homes from people to get increased assets on their bottom line of their financial statements. This means buying homes for cash and a high value of them.
We are still in a very low inventory market and it seems to be staying for awhile. We'll consistently see higher and higher prices throughout the next year.
How to look for cashflow, what to do in high priced markets and how to add value to rental properties to make sure they work for you in the market that you want. The rental property industry should be molded around what you want not where you must go to get a good return on a property. As an investor, you should think outside the box and put your time into trying to find value add deals. Take a listen to this case study we had on today’s show.
Where is the market going and what have we seen in the past 2-4 months in our market along with other markets. What do we see going forward with a crash or lack of inventory. This quick market covers all that information and more!
Have you ever wanted to do something that was against the grain after learning a lot from a mentor? Well, we got Scott onto the show with his story about growing his business over a 30-year career and building it from the ground up. He has done a lot of things in real estate and is currently built a company that develops self-storage at a successful pace/rate. Scott and his team have been able to master the ability to go into many different markets and build from ground up. Check out this interview and grab some nuggets that we get from Scott on his successes.
We are back with Steve and we get into successful flipping strategies that he has been able to use for the last 20 years in a high priced market. Steve was working full time and did some condo conversions then quit his job and was able to go full time which he never looked back on even through a tough downturn in 2008. The ability to keep up in a fast pace world of investing in SoCal and building a business-like Steve takes a lot of patience, effort, and grit. Take a look at how he runs his business and listen to how he has been able to be successful in his current business through 20 years of experience.
This is a quick podcast on how to run numbers on flips and making sure everyone is looking at the right thing when they evaluate a deal, house, STR, or rental. This is mostly for people looking at houses that they want to flip.
When you are getting in the later years of life there are times that it gets discouraging on what to do for retirement income, and if there are no investments later down the road then a person may have a tough time moving any income at all. Rennie talks a lot about how he was successful at investing in real estate later in life and becoming very wealthy. He has been on TedTalks and has his own podcast too. Check out Rennie’s new book and website below.
Website: https://renniegabriel.com/
Book: https://wealthonanyincome.com/books/
Being able to invest outside of your own home state is hard, and to get deals done gives people a lot of anxiety. The thing that happens to everyone is that they feel they cannot build a successful company by buying out of state, and there are people that are successful doing that like Josh. We get to talk about how to buy out of state, what the right people are to get onto that team to be successful out of state and what to do right. Josh also tells us some things that he could do better to be more successful too.
Josh’s Contact: JEitingon@DXEProperties.com
Is it true, or where will the market be after this long awaited foreclosure drop off that we are all waiting to is all in this weeks episode!
As we went over all the stuff with Jerome, we got into how he was able to build a successful partnership with a long-time partner in real estate and how to they were able to buy multiple deals together. Jerome went from a corporate W-2 employee running a team of 170 people to walking away from that company and getting into real estate due to not enjoying what he did for the company he worked for at that time. There are many takeaways here, and the biggest one was how to build a successful team to be good at working together to purchase properties.
Check out Jerome Myers: https://www.myersmethods.co
When you are planning for retirement, what do you think is the best way to do it? Well, there are many ways to do it, and we talk about one that really gives you two ways to really leverage your retirement money and buy real estate. We go over what the benefits are for the Solo401K what the drawbacks are and what you as a person can do along with saves in one type or multiple type of retirement accounts. Take a listen as we go over the saves, tax havens, and other asset building with our guest today.
There are people that set out for a goal to leave their full-time job and our guest put that into his goals within a short amount of time getting into real estate. He was able to leave after about four years of working while doing real estate on the side. We talk about syndication, how he and his team have been able to grow a successful business from only a small number of doors to 1100+ doors. It was very interesting to hear how Jens has been this successful in this short amount of time.
Check out Jens company: https://opendoorscapital.com/
We went over what the markets look like right now and where we have seen them go the past couple of months. For the markets have appreciated in price and it’s not just the east and west coast, this is the full nation. We talked about the current top 10 markets in the United State and where the market has shifted in the past year.
We got to sit down with Jeff and talk about real estate law along with what type of pitfalls he sees throughout the years as an attorney. Jeff spoke about the ups and downs of partnerships and what the best thing to do is upfront, and how to manage everything while being covered on all angles. If you want to reach out to Jeff, see below for any questions you may have or need answered.
Jeff Love: https://www.gibbsgiden.com/attorneys/jeffrey-b-love/
As we get into different conversations about real estate investing, we talk a lot about outside the state we live in as an option, but that talk is usually something that is more passive than active. The active investor out of state is tough because knowing what is needed in that state while doing something every day takes a lot more energy than just buying some rentals and setting the system up then forgetting about the rentals. Lauren Hardy from Wholesaling Inc. came on to talk to us about how she has been very successful at managing and scaling her business virtually.
There are many ways to get into real estate, what those ways are can be vast and open. Michael has a lot to talk about how he was able to build his confidence, and build is current portfolio of the deal he did at his first break. As there is more value out of building that business while being confident and successfully doing it properly.
Check out:
https://www.spiadvisory.com/
Building a partnership is hard and it is harder when you are coming off the past with a partnership that was broken. Seth talks a lot about how he was able to be successful prior to a failed business partnership, and now how he can be wildly successful after what he went through. Seth gives examples of how he built the new relationships and what those people have done for him while building his multifamily portfolio.
Check out:
www.SethFerguson.org
What are the signs we are seeing now and where do we think this market is going to go these days with the high prices homes are going for right now. It is super imperative to make sure you are working with someone giving you the best advice possible and not giving you the wrong advice. We see a lot of good things in the current economy and seeing the economy run very strongly.
How to know that your investment is a good investment while living in another state and getting the resources to give you the information on what is the best move for you as an investor. Having people like Marco give you the tools to get you to the next place, while Marco has a lot of knowledge in the space of real estate, he also has a ton of knowledge through the downturn of real estate, and we speak on that today as well. He is experienced and has a lot of info to give out after the 20 years he has been in the business. He lives in California and provides a ton of value on his webites https://www.passiverealestateinvesting.com/ and https://www.noradarealestate.com/ . Check out his websites and what he does as a turnkey investor!
Check out: Petermckernan.com
Instagram: https://www.instagram.com/petermckernann/
Brian started out flipping homes 30+ years ago, and now he is working to grow his syndication company Praxis Capital https://praxcap.com/. He has been able to grow each business with one strategy and that's having a system in place and growing that one system to success. That rings true through the years he has put into his business. Brian is truly a great investor and his ability to manage a team while building great contacts to get deals done has made his reputation even better. Check out his book on syndications The Hands-Off Investor or you can find him and his book at biggerpockets.com
Check us out: petermckernan.com
As a lot of people look for an out of their current job or career they search for how to get out of that job or career. The guest today shared how he was able to become financially independent by the age of 35 on less than 10 single family homes. Brad was able to do all of these by living frugally and knowing what he wanted to buy and rent out. Brad also runs his own Podcast and Blog called manoverseas.com
Check out!
www.petermckernan.com
Instagram: petermckernann
Why is Inventory so Low!? Market Update
Description: These days we keep fighting for the one house that is on the block on we get beat out over an offer that could be $100K over our offer price. You are not alone in this situation, and the best place as always in this market is to be a seller and be someone to sell their home. Also, a listing agent is winning for their clients each time they get into the market. Keep your eyes on interest rates and inflation.
Check out!
www.Petermckernan.com
Instagram: Petermckernann
How Andrew took his one triplex turned it into a huge value add property and moved that into the 28 units with one SFR out of state. We talk about how to get to a place to not chase the market, but be in a great place to transition before the real estate market transactions your strategy for you. He does this full time with being able to focus on more deals and more units along with being a great landlord too!
Tim talks a lot about how he is getting deals through SEO and being really good at it. He has been learning to get those deals all the time by working on the SEO by himself and outsourcing other parts of the business. Tim has been a great wholesaler and he has been very successful at flipping houses while traveling the whole world on adventures. We talk about what the business looked like for him last year and how his business has looked this year too. Throughout the whole time between the pandemic and COVID he was still able to be super successful!
www.gordonbuyshomes.com
As Sean has been in the market for a long time, we talk about what we are finding in the market today in terms of trends, how Sean has built the business and where he is looking to go with Property Radar. Sean talked about what he saw in 2005 in the real estate market and what he is seeing these days.
Why is it hard to build a Wholesaling business? Well, there are many things that go into the wholesaling side, marketing right, scaling right and getting in front of as many people as possible to convert a lead. Stratton talks a lot about how he was successful after eight months of door knocking, cold calling and more to get his first deal done and that pushed his momentum into overdrive to be a successful wholesaler up in the Fresno area. Also, Stratton talks about his CRM he uses Podio and SMT Phone app he uses for cold calling. Check out the show and this one is good for all the information that is packed into 45 minutes.
The podcast for more ADU info is here, and we give a lot of real world info on what it takes to get permits approved to getting the full ADU built in a good timeframe along with doing it properly. Joseph of N.E.O. Builders examples what they do different, how they bring value and how they are providing highly successful ADU builds to their clients at a great price! Why does it take so long to build an ADU and get permits done, it's explained here!
Have you ever thought about doing a big deal and not having the money to get the deal done? This is the podcast episode for you while we talk about what a Syndication is and how to put it together, we also talk about how to stay within the correct guidelines for the SEC on the investing side of things. Gene has a lot of experience and gives us real world examples of what to do and what not to do with things that you should do as a syndicator for investing. Reach out to Gene to see if this is something that you can add into your investing path. Make sure you do your due diligence through the process as well though, and make sure you keep within the same parameters that the SEC requires.
Have you thought about flipping homes while working full time, well our guest this week Allison Lozano is doing just that! She is working full time as a teacher, working as a realtor on her flips and with clients, and also flipping homes. This is great and it truly shows what can be done with some systems and how to get the systems into place for flipping a home, or multiple homes a year! She performs anywhere from 6-7 projects at a time and also is helping clients and working with students.
https://www.facebook.com/allisonlozanorealtor/
https://www.instagram.com/themomthatflips/
If you do not know what a 1031 exchange is and you have never heard of it tune in and we will tell you all about the process with Bill Exeter. He has run a company called Exeter 1031 Exchange Services, LLC. They handle all 1031 exchanges and they are a great resource if you want to see your investment and not have any tax liability when selling it. Be sure to listen to the whole episode, Bill talks about the information that is needed for performing a 1031 exchange properly.
If you want to reach out to Bill, you can get ahold of him at http://www.exeter1031.com/ for all your 1031 Exchange needs.
This is Part 2 of our ADU talks and the information in Part 1 was huge, and this gives more information and repeats a little bit of information in the first episode to solidify the information. This episode goes over 1. Value Add 2. Cashflow/House Hack 3. What to Look for 4. Refi 5. Selling/Sales of the ADU. We go through some watch outs when we are looking for ADUs and what to do during the refi/sale phase of it all. Other items to keep in mind, what else should be talked about and what are the ADU perks!
This is the new value add for the California area, and there are five great points we go over today on what to look for when looking for your first property as an ADU. 1. Size/Set backs 2. Cities 3. New Laws for ADUs 4. Construction Costs 5. Permits and More. These are the corner stones to get you started in ADU build and getting you into the right mindset on the property that will be great for you and your ADU. Part 2 is next week on why it is a value add, what you need to look for in a property and refinancing.
Let me give some updates on how we are looking for the real estate market and give you some information that is good to use for anyone looking at current real estate trends.
Here is a little bit of insurance mixed into the real estate talk. We have been talking about a lot of real estate and insurance plays a big part on the whole real estate industry from normal homeowners to the investors. We need a better understanding and Brett feed us some great information about what you need to watch out for and other good tips for insurance from a prospective of someone that is selling insurance every day.
We get to talk a lot about data and how that can help your business as a real estate professional in any capacity! There are many things that need to go into generating lists for sending to owners, getting houses that are off market, and much more with the tactics of how propertyradar.com helps so many agents and investors, this is a great tool to use for more access to properties. Aaron has been around investing his whole life and it's truly an honor to chat with him about what he has been up to and where he is shifting his focus for investing too!
Omar joins us and talks about how he bought a large apartment building after he exchanged another one through the depths of the COVID crisis. He talked about what it takes to perform a 1031 Exchange, what he plans to do next in his investing career, and what other opportunities are out there when buying/selling investment properties. Omar and I also talked about stepping up from small investments to big ones too.
Check out our Website: petermckernan.com
From 3 units to 924 units within 6 Years with Bill Manassero
Description: Bill is our guest that started later in his career in investing, and while he was investing he took his plan of getting to a place to support his family and himself to being able to grow is portfolio from 3 units to 924 units! That is amazing!!! Bill has been through difference avenues in life and the whole time he was going through his journey he was out to do great things for people! He is still doing great things by investing in real estate and providing more housing for people!
Bill's Website: http://olddawgsreinetwork.com/
Paul started with a lot of things that involve real estate investing that was in the residential space. He speaks to us about how he started, what was a path for him to get to his big goal of commercial real estate, and get him through the years of investing with the ups and downs. There are really some good take aways here with Paul, the one is that you can lose money in real estate and still be successful and also evolve.
Paul's Website: www.wellingscapital.com
Peter's Website: petermckernan.com
Facebook: https://www.facebook.com/peterhandm/
This is a great story of David that was able to start investing out of state in an area that he knew from living there for a timeframe, and since he left was able to gain more of a knowledge base for the area and partner with another investor that is also an agent as well! Great networking is what David is his superpower and he has used that to his advantage while building up his current portfolio and now is a general partner on a deal out of state too!
Ryan started off at a 9-5 job and as he was going he started to realize that it was not for him. He picked his real estate license up, and then really dove into real estate from a different angle. Ryan put in the time with a contractor and then started to flip to the point he can support himself, and now he is working on each flip and has created a great business from him.
As we have all diverse real estate guest coming up, Andy is one that has really taking his investing to another level. He is a very active investor, and really runs a great solid fund for note investing. We dive into all the information that you need to get started on note investing and what is a good note verse a bad note. Also, he talks about his criteria on his notes that they invest in right now and have been investing. Check out the episode with Andy!
Joe Homs is a successful real estate investor and real estate agent. He has been doing this for over 40 years, has been through 3 market cycles and continues to invest. There has not been much that has scared Joe through these years. He talks about how he flips properties today, how he finds deals and what deals are out there to find in this current market with COVID. Take a listen to see what he is doing today!
Sati is currently flipping and Airbnb holdings for her real estate investing. There are many different ways people invest, and a lot of people invest as an active investor and really do not get to a place where they switch gears to a more passive investor.
Sati took the time and really took ownership in the way that she invested and made sure that she was really particular on what she invested in! Take a listen!
The election has winded down a lot and created some people to jump back into the market. We go over what prices for the Orange County Market were back at the beginning of 2019 and where we sit today on that perspective for the market. The prices for over a year have increased by more than 12% just in our market alone.
There are a lot of moving parts still going on with the election, that has not slowed the market down and has not caused huge disruption with the rates. For now, the market will slowly start to decrease on active and pending sales. The great news is that the demand is still so high that we are not going to see much of a change on that front!
We have a lot going on and a lot of things to keep up with during this market, we do not see any decrease in housing prices which keep up with the interest rates. We talk about what the past two years have shown in the amount of listings/closed listings as well.
What we are experience now moving into election cycle, what that effect has on the full market of real estate and what we are currently seeing with our own sales within Orange County Ca! This market is still very quick and fast moving.
If you want to see more, or check us out in any other areas of what we currently do at petermckernan.com
Wow, there are many properties out there that are being sold fast and in this market it is great to get your house on the market to sell it to cash in on a lot of money. The only thing is that the For Sale By Owner model is still not one that works well. Just what you should do is get in front of someone that is a real estate professional that can help guide you through the selling and pricing process.
This is a hot market, lowest inventory on real estate in Orange County, Ca that we have had for the last 8 years since 2012. 38 Days on the market, and real estate for sellers is getting better and better! Say that the real estate market will slow any time soon is nothing that we see!
We have see a lot of properties get into escrow quickly and now we talk about houses that do not get into escrow quickly. These houses are priced out of the range, farther from where they should be. The sellers are wanting to list them too high or the agent is just pushing to get the listing.
We have a change in California, and the real estate market. There have been a huge uptick in pricing to make the sellers sell for more and increase their net income on the property. Also, it has seemed amazing for sellers compared to 2018 for what I can see now with the trends and the way they are going.
The luxury market is on fire, and it has brought with it the buyers that have the money to close anything above $1.25M. That is pushed the days on market lower, and created the ability for those that have something in that price range to sell quickly and move up, or move away.
This is what we have been seeing now within our demand and the demand of our whole market in Orange County Ca. There is a huge demand to get the house on the market and sell it quickly. The demand as not been this strong since 2012. The market at the end of April was at 1,100 pending sales now it's 3,400 pending sales.
Real estate has continued to up and has not slowed down, demand for $500K-$750K is up 13% and the $750K-$1M is up by 52%. There are many things fueling this, and as I mentioned before, the rates and low inventory is huge driver for it.
What is the market doing with this lower inventory? It is increasing the ability for seller's to get even more money for their current home! It is giving those homeowners the ability to increase their chances of getting an extra $10K-$25K for a home they are selling. That is great for them, and tough for buyer's right now in the market.
What is the foreclosures going to do to us, and what is the challenges we can see in the future of everything? Today shows a very low rate of foreclosures; however, that can all change within the next 6-8 months with regards to forbearance or evictions. Please keep an eye out for what your market is showing, and let us know if there is something that you see that we are not seeing!
We pulled another article from National Association of Realtors to let you know what the market looks like for owners, and where the least mortgages paid to the most mortgages paid in the current economic times in the US. Take a listen!
There are a lot of data and reports, and we talk about one today that is from the National Association of Realtors Research showing the current rents collected, and who is getting the worst and the best rent collected. Take a listen since the stats do not lie, and it's always good to hear what is going on around the nation to see what could be changing in the future in your market.
There are really good changes that have happened in the real estate market, and those have changed for sellers for the better! And buyers with the low-interest rates changing the market as well! Inventory lows have pushed the market into 4% higher in price point from where we were just a year ago! This is great news with a lot of economists saying the housing market was going to remain the same or go negative!
People are always curious why prices are the way they are and what is going up and down. Well, this gives you great information on what really happens in our Orange County, Ca homes and prices! It talks about the price, price per square foot and inventory moved. This and much more on the Podcast this month!
There are a lot of was to look at a property to price it right so that you do not lose days on market, and get the most for your clients. Take a look at your market, and see what your days on market are, and be as close to that as possible or better than that! The Days on market is a sign that you are selling your home(s) at a good price and condition or you are not!
What are some tips to know about home buying as a first time home buyer, and someone who can boost their purchase power. Interest rates are great right now!! The interest rates are the lowest we have seen ever!!
This week, it's all about the Luxury Market, and how it's making a come back in a huge way in Orange County! Take a listen to see what is happening in our market of Orange County Ca.
Well, it is hard to say what is new when there is something new happening on a daily bases in real estate in Orange County, Ca. It is also very hard to keep up with it, but to know that there are really good things happening that are protecting agents, buyers and sellers right now. Check out what else has been a little tweaked in this market in the summer of 2020.
Connect With Peter:
Facebook: https://www.facebook.com/peterhandm/
Twitter: https://twitter.com/peter_mck1
Youtube: https://www.youtube.com/channel/UCqnRgYt0nO1DddDzRmde6Xg?view_as=subscriber
There are many things that have changed about the real estate market ups and downs of COVID-19. There are many things that have happened, this episode is to bring back the podcast and bring you into the situation on what is going on here in OC Real Estate. It has changed, but for the better with low inventory, buyers are struggling to find that home and seller’s are getting multiple offers!
Connect With Peter:
Facebook: https://www.facebook.com/peterhandm/
Twitter: https://twitter.com/peter_mck1
Youtube: https://www.youtube.com/channel/UCqnRgYt0nO1DddDzRmde6Xg?view_as=subscriber
This is a short description from where the market was and where it is today on July 30, 2019
What do we see now, and where is the market facts headed! The days on market and the change in market that has been seen this past three to six months! What is it and where do we see it going!
We get into how big Orange County California is as a whole, and also speak a little bit about who I am as a real estate professional!
We will be covering what the real estate market in Orange County California looks and feels like, and where we see it going. This will give updates on the market from what I see, and how the buyer's and seller's are responding to market change!