Page 4 | The Investor Shed Podcast

Episodes

Thursday Oct 10, 2024

S4E12: Millionaire Habits – Developing a Wealth Mindset and Building Multiple Streams of Income

Thursday Oct 10, 2024

In this episode of The Investor Shed Podcast, Nick Beveridge and Jeremy Kitchen dive into the habits and mindset that set millionaires apart. From focusing on opportunities rather than obstacles, to solving problems and developing a wealth-oriented mindset, they explore the behaviors that drive success. Nick and Jeremy discuss key topics like effective time management, continuous learning, building multiple streams of income, and leveraging relationships to achieve financial freedom.

The conversation also highlights the importance of networking, mentorship, and personal discipline, while offering actionable tips and book recommendations for listeners wanting to adopt millionaire habits. Nick and Jeremy also compare the habits of millionaires with those who struggle financially, touching on topics like risk-taking, savings, health routines, and taking personal responsibility for one’s setbacks.

Key Takeaways:

Focus on opportunities, not obstacles.
Develop a wealth mindset by solving problems and thinking long-term.
Practice effective time management and prioritize high-value tasks.
Continuously learn and invest in self-improvement.
Build multiple streams of income to increase financial security.
Leverage relationships and network with like-minded individuals to unlock new opportunities.
Mentorship and mastermind groups provide valuable guidance for success.
Health routines and personal discipline contribute significantly to long-term success.
Reading and attending seminars are common habits among successful individuals.
Take calculated risks and always take personal responsibility for failures and setbacks.

Chapters: 00:00 Introduction and Overview
02:22 Developing a Wealth Mindset and Focusing on Opportunities
08:00 Effective Time Management and Problem-Solving
13:05 Continuous Learning and Self-Education
23:27 Building Multiple Streams of Income
32:04 Leveraging Relationships and Networking
34:55 The Importance of Mentorship and Continuous Learning
40:01 Health Routines and Personal Disciplines for Success
49:01 The Habits of Reading and Self-Improvement
53:32 Taking Calculated Risks and Investing in Multiple Streams of Income
01:02:32 Taking Personal Responsibility for Failures and Setbacks

🔗 Connect with us:

Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed
Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge
Real Estate Website: northidahorei.com
Facebook: https://www.facebook.com/profile.php?id=100063653307069
Instagram: https://www.instagram.com/theinvestorshed/

Hashtags and Keywords:
#MillionaireHabits #WealthMindset #MultipleStreamsOfIncome #Networking #TimeManagement #SelfImprovement #Mentorship #RealEstate #Investing #ContinuousLearning #FinancialFreedom #ProblemSolving #PersonalResponsibility #SuccessHabits

This description is tailored to attract your audience with actionable insights, while including relevant links and hashtags to boost traffic and engagement.

Thursday Oct 03, 2024

S4E11: Rise From Ashes Part 2 – Nick’s Real Estate Rebuild and New Ventures

Thursday Oct 03, 2024

In this episode of The Investor Shed Podcast, Nick Beveridge shares his personal journey of rising from massive real estate losses and overleveraging to rebuilding his fortune. Alongside co-host Jeremy Kitchen, they dive deep into the challenges Nick faced, including lawsuits, market missteps, and the importance of pricing properties accurately. Nick reflects on the valuable lessons he learned, like maintaining clear financial statements and practicing what you preach.

The conversation also ventures into their investments in an RV park, a profitable solution to local affordable housing needs, and the exciting new business venture they’re entering in the coffee, wine, and beer industry. Nick and Jeremy also discuss the current real estate market and how networking and building strong connections are critical for long-term success in real estate.

Key Takeaways:

Real estate investing is risky—be prepared for potential losses.
Pricing properties correctly from the start saves time and money.
Clear financial statements and understanding cash flow are crucial for smart decisions.
Building strong networks and connections in real estate is invaluable.
Diversifying with ventures like RV parks and new businesses can provide multiple income streams.

Chapters: 00:00 Introduction and Podcast Overview
01:41 Nick's Journey: Rise, Fall, and Rebuilding
04:04 Dealing with Massive Losses
08:30 Lessons Learned and Reflecting on Mistakes
13:06 The Importance of Pricing Properties Correctly
16:40 Navigating the Current Real Estate Market
20:27 Building a Strong Team and Being a Good Leader
26:56 Investing in an RV Park
29:09 Property Management and Occupancy Rates
32:47 Understanding the Market and Needs
37:20 Diversifying Investments
44:19 Starting a Business in the Coffee, Wine, and Beer Industry

🔗 Connect with us:

Hashtags and Keywords:
#RealEstate #Investing #RVparkInvestments #PropertyManagement #RealEstateMarket #Overleveraging #Networking #BusinessVentures #CashFlow #CoffeeShopBusiness #LessonsLearned #FinancialStatement #DiversifyIncome

Thursday Sep 26, 2024

S4E10 How To Sell A House - Investor Shed Podcast

Thursday Sep 26, 2024

In this episode of the Investor Shed Podcast, hosts Nick Beveridge and Jeremy Kitchen dive into the home-selling process, sharing expert tips and strategies to help you maximize profits and minimize hassle. Whether you’re a real estate investor, agent, or homeowner, this episode is packed with actionable advice for a smooth home sale.

Nick and Jeremy emphasize the importance of listing a property on the MLS and working with a professional realtor to reach a larger pool of motivated buyers. They explore common pitfalls, such as selling a home as “For Sale By Owner” (FSBO), and why this strategy often results in lower profits. Pricing your home correctly from the start, staging it effectively, and utilizing professional media like photography and 3D tours are key tactics that can lead to quicker, higher offers.

The hosts stress the significance of the first 10 days on the market and how adjusting the price if needed can be the difference between a sale and stagnation. Learn why staging an empty house with furniture and decor helps buyers envision living there, leading to faster sales and potentially higher offers. Plus, they explain how a pre-listing home inspection can help eliminate negotiation obstacles.

🔑 Key Takeaways:

MLS listings and professional realtors help reach motivated buyers.
Correct pricing is essential for maximum profit and a faster sale.
The first 10 days are critical—adjust pricing if needed.
Staging a home can lead to 5-10% higher offers and faster sales.
Professional photos and media boost online traffic and showings.
Pre-listing home inspections can smooth the selling process.

🎙 Sound Bites:

"For sale by owners sell for about 18% less than similar homes sold by agents."
"Stage homes spend about 73% less time on the market."
"Deep cleaning can increase the selling price by $5,000 or more."

⏱ Chapters: 00:00 - Introduction and Background
03:10 - The Mistake of Listing a Home as For Sale By Owner
08:08 - The Impact of Pricing on Selling a Home
19:54 - The First 10 Days: A Critical Period for Selling a Home
23:41 - The Importance of Staging an Empty House
36:22 - The Power of Staging
51:18 - Deep Cleaning for a Higher Selling Price
58:49 - Paying a Buyer's Agent Commission
01:09:01 - Eliminating Objections with a Pre-Listing Home Inspection

🔗 Connect with us: Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed
Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge
Real Estate Website: northidahorei.com
Facebook: https://www.facebook.com/profile.php?id=100063653307069
Instagram: https://www.instagram.com/theinvestorshed/

#RealEstate #SellingAHome #HomeSellingTips #Staging #MLS #HomePricing #InvestorShed #RealEstateAgent #ForSaleByOwner #DeepCleaning #PreListingInspection

Thursday Sep 19, 2024

S4E9 Sales 101 in Real Estate with Nick & Jeremy

Thursday Sep 19, 2024

In this episode of the Investor Shed Podcast, hosts Nick Beveridge and Jeremy Kitchen dive into the essentials of mastering sales in the real estate industry. Whether you're a seasoned agent or just starting out, this episode is packed with actionable tips and strategies to elevate your sales game.

Nick and Jeremy discuss the crucial importance of truly listening to clients and understanding their needs. They break down how to build trust and rapport, emphasizing the power of keeping promises and allowing clients to express themselves. Learn why being well-prepared, both mentally and physically, is key to success, and how believing in the product or service you're selling can make all the difference.

The episode also explores the significance of effective communication, setting clear expectations, and the value of using a CRM system to stay organized and manage client information. Plus, they touch on the realities of sales, including the importance of being punctual, having thick skin, and handling rejection with resilience.

Tune in for valuable insights that will help you navigate the challenges of real estate sales and build lasting client relationships.

🔑 Key Takeaways:

Listen to clients and understand their needs.
Build trust by keeping promises and being reliable.
Be well-prepared and knowledgeable about your product or service.
Communicate effectively and set clear expectations.
Use a CRM system for organization and client management.
Embrace rejection and persist through the grind.

🔊 Sound Bites:

"Just stick with it. Keep doing it because nothing's going to be better than actual firsthand experience."
"Your job is just to move the ball forward."
"Let them talk and talk and talk. You just ask questions. You never have to tell them about one personal thing in your life and they will love you."

⏱️ Chapters: 00:00 Introduction and Background
03:19 The Importance of Experience and Persistence
08:07 Moving the Ball Forward
13:52 Letting Clients Talk and Building Trust
17:08 Know, Like, and Trust
23:46 The Power of Listening
30:43 Looking Out for Clients' Best Interests
33:25 Effective Communication and Setting Clear Expectations
36:39 The Value of Follow-Up and Maintaining Relationships
53:17 Embracing Rejection and the Grind in Sales

🔗 Connect with us:

Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed
Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge
Real Estate Website: northidahorei.com
Facebook: https://www.facebook.com/profile.php?id=100063653307069
Instagram: https://www.instagram.com/theinvestorshed/

#RealEstate #Sales101 #ClientRelationships #Trust #Preparation #FollowUp #CRM #Rejection #InvestorShedPodcast #NickBeveridge #JeremyKitchen

Thursday Sep 12, 2024

S4E8 New Beginnings: Leaving Keller Williams for Real Brokerage and Big Investment Moves

Thursday Sep 12, 2024

In this episode, Nick Beveridge and Jeremy Kitchen dive into exciting new ventures and major life updates. Nick shares a monumental career move as he announces his departure from Keller Williams Realty after 14 years to embark on a fresh journey with Real Brokerage. They discuss the motivations behind this shift, including the desire for ownership and control in a new business venture. Jeremy and Nick also reveal their latest real estate deal—a property in Priest River that's shaping up to be a promising investment.

This episode is packed with insights into the challenges and rewards of transitioning within the real estate industry, including navigating commercial leases, developing a community-oriented brokerage, and how strategic partnerships can lead to incredible opportunities. Plus, they explore the evolving landscape of real estate commissions and how their new business model aims to adapt to these changes.

If you're interested in real estate investing, making big career moves, or just want to hear about Nick and Jeremy's latest projects, this episode is a must-listen!

🔗 Connect with us:

Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed
Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge
Real Estate Website: northidahorei.com
Facebook: https://www.facebook.com/profile.php?id=100063653307069
Instagram: https://www.instagram.com/theinvestorshed/

🔑 Key Topics:

Nick's big move from Keller Williams to Real Brokerage
The reasoning behind starting a new brokerage and the plans for the future
New investment property in Priest River and the strategy behind it
The importance of adaptability in real estate investing

📣 Don't miss out on future episodes—subscribe, leave a 5-star review, and share with fellow real estate enthusiasts!

#RealEstateInvesting #Brokerage #RealEstatePodcast #RealEstateInvestors #BusinessGrowth #KellerWilliams #RealBrokerage #InvestmentProperty #PriestRiver #InvestorShedPodcast

Thursday Sep 05, 2024

S4E7 How to become a Millionaire

Thursday Sep 05, 2024

In this episode of the Investor Shed Podcast, Nick Beveridge and Jeremy Kitchen break down a straightforward strategy to achieve real estate millionaire status. They emphasize the importance of starting early, being intentional with your finances, and making smart investment decisions. Nick and Jeremy outline a step-by-step approach that includes getting a job, improving your credit, and using an FHA loan to purchase your first home. They advocate buying a new house each year, committing to a 10-year plan, and scaling the strategy with house hacking and VA loans. The conversation also delves into the significance of cash flow, debt-to-income ratios, and building a strong support team of realtors and lenders. With personal insights and practical advice, this episode is a must-listen for anyone looking to build wealth through real estate investment.

🔗 Connect with us:

Keywords: real estate, millionaire strategy, house hacking, FHA loan, VA loan, cash flow, wealth building, debt-to-income, rental properties, property appreciation, financial planning, mentorship

Chapters:

00:00 Introduction and Simplifying the Strategy
09:35 The Trades as a Protected Field
12:26 Consider Alternative Paths and Keep it Simple
14:17 The Importance of Doing the Math
17:39 Finding Properties that Cash Flow
25:28 Getting Your Money Right and Getting Pre-Approved
28:20 Becoming a Real Estate Agent to Save on Commissions
32:59 Challenges of Finding Cash-Flowing Properties in North Idaho
34:53 The Potential of Rental Properties
37:17 Realistic Expectations and Taking Action
41:12 The Long-Term Benefits of Real Estate Investment
44:30 Overcoming Challenges and Building a Portfolio
46:13 Adapting Strategies with Multiple Properties
48:04 Exploring Non-QM Loans
50:51 Comparing Real Estate Investment to the Stock Market
54:06 The Importance of Mindset and Planning
58:29 Finding Fulfillment and Paying Bills
01:02:22 Being Intentional and Consistent
01:04:43 Building a Supportive Network
01:06:32 Seeking Guidance from Mentors and Coaches

This episode offers a comprehensive guide to building wealth through real estate, packed with actionable steps and expert advice to help you achieve your financial goals.

Thursday Aug 29, 2024

S4E6 Overcoming Imposter Syndrome in Business - Investor Shed Podcast

Thursday Aug 29, 2024

In this meh episode of the Investor Shed Podcast, hosts Nick Beveridge and Jeremy Kitchen delve into the challenges of imposter syndrome and the ongoing battle to find balance in business and life. They candidly share their personal experiences with self-doubt, discussing how it affects their decision-making and overall mindset. Nick and Jeremy explore the risks and rewards of starting a business, the importance of surrounding yourself with the right people, and how focusing on one project at a time can boost profitability while reducing stress. They also highlight the value of seeking advice, coaching, and constructive feedback to overcome doubts and continually strive for improvement. Whether you're a seasoned investor or just starting out, this episode offers valuable lessons on managing self-expectations and finding your path to success.

🔗 Connect with us:

Keywords: imposter syndrome, investing, personal growth, business risks, balance, profitability, stress management, coaching, self-improvement, entrepreneurship, prioritization

Chapters:

00:00 Introduction and Small Talk
02:10 Personal Experiences and Struggles
04:24 Feeling Like an Imposter and Living Up to Your Potential
09:30 The Risks and Rewards of Starting Your Own Business
13:19 Balancing Multiple Projects and Prioritization
20:01 Striving for Improvement and Avoiding Complacency
25:55 The Benefits of Focusing on One Project at a Time
29:15 Finding Balance and Reducing Stress
36:46 Overcoming Imposter Syndrome with Advice
53:14 Seeking Feedback and Constructive Criticism

This episode is packed with honest reflections and practical advice for anyone looking to navigate the complexities of entrepreneurship while maintaining a healthy mindset.

Thursday Aug 22, 2024

S4E5 Negotiation Tactics in Real Estate - Investor Shed Podcast

Thursday Aug 22, 2024

To get your tickets to the event: https://www.eventbrite.com/e/real-estate-investor-2-day-seminar-tickets-804289289917

In this episode of the Investor Shed Podcast, hosts Nick Beveridge and Jeremy Kitchen dive into the art of negotiation in real estate. From mastering active listening to asking the right questions, they share essential strategies for building trust and rapport with clients. Learn how attention to detail, such as correctly spelling names and setting appointments, can enhance credibility and lead to successful negotiations. Nick and Jeremy discuss the importance of patience, control, and finding win-win solutions that benefit both parties. Whether you're an agent, investor, or simply interested in the nuances of negotiation, this episode offers valuable insights to refine your approach.

🔗 Connect with us: Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge Real Estate Website: northidahorei.com Facebook: https://www.facebook.com/profile.php?id=100063653307069 Instagram: https://www.instagram.com/theinvestorshed/ Keywords: real estate, negotiation tactics, active listening, asking questions, building rapport, trust, win-win solutions, agreements, credibility Episode Titles: Mastering Negotiation Tactics in Real Estate The Power of Listening and Asking the Right Questions Finding Win-Win Solutions in Real Estate Negotiations The Importance of Details and Commitments in Negotiations Chapters: 00:00 Introduction and Setting the Stage 02:20 The Power of Listening and Asking Questions 07:56 The Importance of Details in Negotiations 16:30 Establishing Control and Building Trust 23:26 Building Rapport through Attention to Detail 30:48 The Significance of Keeping Commitments 31:42 The Importance of Communication 37:08 Setting the Right Tone 45:08 Determining the Property's Value 50:36 Explaining the Offer 56:51 Getting Agreements in Writing 01:03:23 Mastering Active Listening This episode is packed with actionable tips and real-world examples that will help you become a better negotiator in your real estate dealings.

Tuesday Aug 20, 2024

Huge Event coming to Coeur d' Alene for Real Estate Investors!

Tuesday Aug 20, 2024

To get your tickets to the event: https://www.eventbrite.com/e/real-estate-investor-2-day-seminar-tickets-804289289917

Enter promo code: secret

In this episode, hosts Nick Beveridge and Jeremy Kitchen dive deep into the current real estate market, discussing why now is an ideal time to invest. They share their recent investment experiences, emphasizing the critical importance of knowing your numbers and staying active in the real estate community. Nick and Jeremy also highlight their upcoming real estate seminar, introducing an incredible lineup of guest speakers, including Tom Wheelwright, Kathy Fettke, Sarah Weaver, AJ Osborne, Julie Holly, Brad Chandler, Steve Rozenberg, Michael DeHaan, Chad Young, Kelly Clark, Shawn Dolan, Brett Shoemaker, and Justin James. Each speaker is an expert in areas like taxation, commercial real estate, syndication, short-term rentals, wholesaling, property management, financing, and more. This episode is packed with insights on why you should take action now, despite market conditions, and how networking with seasoned investors at the seminar can elevate your real estate game. Don’t miss out on this valuable opportunity to learn and grow in the real estate industry!

🔗 Connect with us: Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed

Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge

Real Estate Website: northidahorei.com

Facebook: https://www.facebook.com/profile.php?id=100063653307069

Instagram: https://www.instagram.com/theinvestorshed/ #RealEstateInvesting #PropertyInvestment #RealEstateCommunity #InvestmentStrategies #RealEstateMarket #Networking #Investors #RealEstateSeminar #RealEstateEducation #InvestorShedPodcast #NickBeveridge #JeremyKitchen

Thursday Aug 15, 2024

S4E4 Investing in Uncertain Times - Investor Shed Podcast

Thursday Aug 15, 2024

In this episode of The Investor Shed Podcast, Nick Beveridge and Jeremy Kitchen dive deep into the challenges and opportunities of investing in uncertain times, with a special focus on real estate. Drawing from their own experiences, they discuss why it's crucial not to make excuses but to seize opportunities, even when the market feels unpredictable. The conversation covers powerful strategies like seller financing and contract for deed, which can benefit both buyers and sellers. Nick and Jeremy also explore the importance of having a solid game plan, being intentional with your actions, and staying focused on long-term goals. They stress that while uncertainty is a given in investing, you can navigate it by controlling what you can, making informed decisions, and diversifying your portfolio. The episode is packed with valuable insights on the role of debt, taxes, and the importance of preparedness in achieving investment success. Tune in for actionable advice and thought-provoking discussions that will help you stay on course, no matter what the market throws your way!

🔗 Connect with us: Official YouTube Podcast Page: https://www.youtube.com/@TheInvestorShed

Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge Real Estate Website: northidahorei.com

Facebook: https://www.facebook.com/profile.php?id=100063653307069 Instagram: https://www.instagram.com/theinvestorshed/

Chapters: 00:00 Introduction and Setting the Stage 02:48 Investing in Uncertain Times: Don't Make Excuses, Seize Opportunities 10:22 The Benefits of Seller Financing and Contract for Deed in Real Estate 30:07 Investing for Certainty 33:27 Solid Property in Hayden 37:47 Taking Accountability 39:45 Getting Over Mental Hurdles 44:21 Understanding the Risks 48:03 Investing in Tesla Stock 52:11 The Uncertainty of Investing 57:30 Having a Game Plan Keywords: investing, uncertain times, real estate, seller financing, contract for deed, opportunities, long-term goals, financial decisions, game plan, intentional, diversification, debt, taxes, prepared, action, goals Takeaways: Don't make excuses in uncertain times; seize opportunities. Real estate offers long-term stability and growth potential. Seller financing and contract for deed are beneficial for both buyers and sellers. Understand the financial and tax benefits of real estate investments. Stay focused on long-term goals, and be intentional with your actions. Control what you can, and make informed decisions. Diversify to mitigate risk. Know the role of debt and taxes in investing. Be prepared, take action, and keep your eyes on your goals.