The Investor Shed Podcast

S3E30 Creative Financing Strategies - Part 2 | Investor Shed Podcast

Part 2 of 🎙️ Investor Shed Podcast Episode on: Creative Financing Strategies in Real Estate

Hosts: Nick Beveridge & Jeremy Kitchen

📝 Episode Summary: Dive into the world of creative real estate financing with Nick and Jeremy in this insightful episode of the Investor Shed Podcast. Discover a range of innovative strategies for acquiring properties, from utilizing gift funds for down payments to exploring joint ventures, land contracts, and the subject-to strategy. This episode is a treasure trove for real estate investors, agents, and small business owners looking to expand their knowledge and leverage unique financing methods.

🔑 Key Takeaways: Gift funds for FHA loan down payments. Leveraging joint ventures and partnerships. Navigating land contracts or contracts for deed. Implementing the subject-to strategy. Stopping foreclosure and communication with lenders. Acquiring property with minimal capital. Referring deals and market insights. The importance of bank verification. The necessity of having backup options. Ethics and education in the real estate domain. Strategy of property exchange. Utilizing hard money loans.

 

⏰ Chapters: 00:00 Introduction and Overview 04:42 Using Gift Funds for Down Payment 10:27 Joint Ventures and Partnerships 13:21 Land Contracts or Contract for Deed 16:44 Subject To Strategy 50:30 Stopping Foreclosure 51:52 Acquiring Property with Little Money 53:16 Referring Deals to Other Agents 54:13 Verifying Information with the Bank 55:11 Having Backup Options 56:33 Ethics and Education in Real Estate 58:42 Property Exchange 1:00:32 Hard Money Loans

 

🔗 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/

🏘️ Whether you’re a seasoned investor or just starting out, this episode is packed with valuable insights to help you navigate the complex world of real estate investing. Don't miss out on these essential strategies for success!

 

#InvestorShedPodcast #RealEstateInvesting #CreativeFinancing #RealEstateTips #PropertyInvestment #NickBeveridge #JeremyKitchen #RealEstatePodcast 

S3E29 Sean Little: Real Estate, Mindset, and Transformation | The Investor Shed Podcast

Join us in this insightful episode of The Investor Shed Podcast as we sit down with Sean Little, an inspiring figure in the world of real estate investing. Starting his career amid the pandemic, Sean has rapidly expanded his portfolio, acquiring multiple investment properties. In this episode, he dives into the synergy between being a real estate agent and an investor, his strategies for saving and investing, and how he successfully works with family members in real estate.

But that's not all - Sean also opens up about his personal journey of weight loss and mindset transformation. He candidly shares his battle with seasonal depression, the wake-up call that changed his life, and the sustainable habits that have helped him maintain his health journey. This episode is packed with invaluable takeaways on the importance of mindset in both health and wealth, the power of having supportive people in your life, and practical tips for real estate investing and personal well-being.

Key Takeaways:

1. The intertwined roles of a real estate agent and an investor.
2. Strategies for saving, debt reduction, and qualifying for mortgages.
3. The benefits of refinancing properties for improved cash flow.
4. The impact of mindset and supportive relationships on success.
5. Small, consistent actions leading to significant life changes.

Chapters: 00:48 Introduction and Personal Background 03:00 Starting in Real Estate and Investing Career 08:55 Motivation for Real Estate Investing 14:53 Impact of Seeing a Large Check 16:20 Real Estate Sales and Investing 19:58 Building Net Worth through Real Estate 21:29 Buying the First House 25:29 Working with Family and Negotiating Terms 31:25 Future Plans and Refinancing 44:29 Understanding USDA loans and Sean's weight loss journey 45:27 Sean's struggle with seasonal depression and weight gain 46:24 Josh Cote's wake-up call and Sean's decision to change 46:54 Sean's weight loss journey and improved mental health 48:20 Sean's lifestyle changes and healthier habits 49:18 The importance of having supportive people in your life 51:08 Overcoming the initial challenges of starting a health journey 52:00 The power of small changes and sustainable habits 53:31 The transformative effects of fasting and consistency 56:19 The role of mindset and small steps in real estate investing 57:48 The importance of buying assets and avoiding unnecessary expenses 01:01:11 Final questions: Recommended book, what to do with $30 million, defining success, hobbies, and contact information

For more insightful conversations and expert advice, don't forget to subscribe to our channel.

Connect with Sean Little:

https://www.facebook.com/sean.little.10

#RealEstateInvesting #MindsetTransformation #TheInvestorShedPodcast

S3E28 Creative Financing Part 1 in Real Estate | The Investor Shed Podcast

In this engaging episode of The Investor Shed Podcast S3E27, dive into the world of creative financing in real estate investing. Our hosts share valuable personal anecdotes and insights into a variety of financing methods. From cash-out refinancing and HELOCs to seller financing and assuming existing mortgages, this episode covers it all. The discussion extends to effective strategies like lease options, the BRRRR method, wholesaling, house hacking, and self-directed IRAs, offering practical advice for investors at any level.

Whether you're a seasoned investor or just starting out, this episode provides a comprehensive look at alternative financing options, highlighting the benefits and considerations of each. Learn how to leverage these strategies to acquire properties, fund renovations, and maximize returns, all while understanding the importance of having a clear plan and solid relationships in the industry.

Key Takeaways:

1. A deep dive into various creative financing methods in real estate.
2. The significance of planning and understanding financing terms.
3. Insights into successful partnerships and role fulfillment in investing.
4. Case studies and real-life applications of innovative financing strategies.

Chapters: 01:32 Introduction and Personal Anecdotes 03:51 Introduction to Creative Financing 04:50 Cash-Out Refinancing 06:41 Personal Experience with Cash-Out Refinancing 11:07 Using a HELOC for Creative Financing 17:27 Using Personal Loans for Creative Financing 22:31 Seller Financing 34:05 Assuming Existing Mortgages 47:10 Successful Partnership and Creative Strategy 49:01 Lease Options to Purchase 56:24 The BRRRR Method 58:48 Wholesaling 01:03:06 House Hacking 01:09:40 Self-Directed IRAs

For more insights and expert advice in real estate investing, don't forget to subscribe to our channel. For detailed resources and further information, visit [Your Website/Additional Resource].

#CreativeFinancing #RealEstateInvesting #TheInvestorShedPodcast

S3E27 World-Class Transformations: Steve Rozenberg's Journey to Real Estate & Business Mastery

🎙️ Join Nick Beveridge and Jeremy in this episode of The Investor Shed Podcast, featuring an in-depth conversation with Steve Rozenberg. As a seasoned real estate investor and business coach, Steve discusses his unique journey from being a pilot to a successful entrepreneur in the real estate industry. Discover his insights on setting clear goals, building a solid business foundation, and the vital role of leadership and mentoring for success. 🔑 Key Takeaways: Establish clear objectives and a robust foundation for your business. Identify as a business owner, not just as a specialist. Focus on potential positive outcomes and the benefits of coaching. Build a team to leverage diverse expertise. Embrace continuous learning and adapt to changes in the economic landscape. Learn from failures and use them as stepping stones.

⏰ Chapters: 02:10 - Introduction and Background 03:20 - Becoming a Pilot and Furloughed 05:13 - Learning about Real Estate 08:32 - Starting a Property Management Company 10:08 - Importance of Clear Goals and Planning 16:35 - Airline Pilot Ethics vs. Real Estate Ethics 19:22 - Finding Clarity and Setting Goals 23:38 - Vision, Purpose, and Business Foundations 30:56 - Identifying as a Business Owner 34:00 - Overcoming Fear in Coaching Investments 35:03 - Value of Personal Development and Coaching 35:56 - Power of Coaching and Mentoring 38:07 - Accelerating Success 40:40 - The Role of Proximity and Accountability 46:07 - Importance of Focus and Avoiding Distractions 51:01 - Learning from Failures 55:51 - Utilizing AI Tools in Business 59:55 - Defining Success through Memories 01:02:55 - Building a Business Foundation 01:04:52 - Connecting with Steve Rozenberg 01:06:00 - Pre-Screening and Feedback in Coaching 01:06:13

 

- Providing Support and Strategy 📚 Recommended Reads: 'Eat That Frog' by Brian Tracy 'The 10X Rule' by Grant Cardone 'The E-Myth Revisited' by Michael E. Gerber 🔗 Connect with Steve Rozenberg: Website: SteveRozenberg.com Social Media: https://www.facebook.com/SteveRozenberg1/ https://www.instagram.com/rozenbergsteve/ 📖 About Steve's Book: 'Failing Our Way to Millions' - Available on Amazon 🔊 More Episodes: The Investor Shed Podcast 👍 Like, subscribe, and share for more insightful real estate, investing, and entrepreneurial content!

 

#RealEstateInvesting #BusinessCoaching #SteveRozenberg #TheInvestorShedPodcast

S3E26 Real Estate Wins & Lessons: Nick’s 2023 Property Ventures | The Investor Shed Podcast

Dive deep into the world of real estate investing with Nick Beveridge in this eye-opening episode of The Investor Shed Podcast. Nick sold 19 personal deals in 2023 and Nick and Jeremy were able to talk about 7 of those before they ran out of time.  From a manufactured home in Cataldo to a striking property in Ponderay, Nick unravels the journey of each deal he undertook in 2023.

🔍 Episode Breakdown:

• 02:00 Introduction to Nick's 2023 Real Estate Transactions
• 03:30 Diverse Deals Overview
• 05:23 Deal Analysis: The Cataldo Manufactured Home
• 13:44 Insights into the Bark Property Project
• 22:38 The Osburn 12th Street Property Challenge
• 29:02 Success Story: Transforming a Property in Pondray
• 32:21 Flipping Properties: Strategies & Considerations
• 33:00 Furnishing vs. Staging in Short-Term Rentals
• 36:20 Assessing Risks in Real Estate Investments
• 38:24 Lessons from Buying Manufactured Homes
• 45:46 Overcoming the Blue Heron Property Hurdles
• 52:35 Celebrating a Renovation Success
• 57:22 The Complexities of Land Sales
• 1:01:11 Navigating Well Drilling Challenges
• 1:02:02 Dealing with a Costly Well Repair
• 1:03:02 Reflecting on Regrets and Mistakes
• 1:05:41 Key Lessons Learned
• 1:06:53 The Power of Perseverance in Real Estate
• 1:07:26 Closing Thoughts & Takeaways

🚀 Key Takeaways:

• Mastering distressed property purchases for high returns.
• The art of precise market assessment and property pricing.
• Leveraging joint ventures for risk mitigation and resource pooling.
• Navigating the complexities of real estate financing.
• Furnishing vs. staging: Key differences for short-term rentals.
• Preparing for potential risks and losses in real estate.
• The unique challenges of investing in manufactured homes.
• Understanding the unpredictability of drilling a well.
• Learning from contractor mishaps and unexpected repair costs.
• Embracing mistakes as learning opportunities in real estate.

🔗 Useful Links:

• Discover more: The Investor Shed Podcast on Riverside
• Connect with Nick Beveridge: North Idaho REI
• Watch more insights: Nick Beveridge YouTube

📌 Hashtags: #RealEstateJourney #InvestorShedPodcast #NickBeveridge #PropertyFlipping #RealEstateChallenges #ShortTermRentals #InvestmentStrategies #ManufacturedHomes #PropertyInvestment #RealEstateSuccess #LearningFromMistakes #RealEstateFinancing #NeverQuit

S3E25 Fix and Flip Case Study from Priest River Idaho!

Join us in this insightful episode of The Investor Shed Podcast as we delve into the intricate details of a fix and flip property in Priest River. Your hosts, Nick Beveridge and Jeremy Kitchen, bring you a comprehensive case study covering every aspect of this fascinating project.

🏠 Key Highlights:

• Inspection Insights: Navigating through the initial property evaluation.
• Renovation Journey: From design plans to dealing with winter challenges and adding a new bathroom.
• Contractor Chronicles: The search for the right team, managing work, and incentivizing timely completion.
• Financial Framework: Exploring financing options, budgeting, and dealing with unexpected costs.
• Staging and Selling: The art of presenting the property and securing a profitable sale.

🔑 Takeaways:

• The essence of buying right and the impact on overall success.
• Adapting to unexpected changes: A real estate investor's superpower.
• The role of technology in streamlining renovation plans.
• Importance of working with reliable contractors and effective outsourcing.
• Maximizing ROI with strategic staging and curb appeal.
• Budgeting and financing wisdom for unforeseen expenses.
• Overcoming challenges and finding creative solutions for a profitable outcome.

💡 Listen for Unmissable Insights:

• The squirrel dilemma: Turning challenges into opportunities.
• The art of negotiation and making concessions without sacrificing profit.
• Real-life lessons learned from a project that stretched beyond initial expectations.

🔗 Links & Resources:

• Listen to more episodes: The Investor Shed Podcast on Riverside
• Connect with Nick Beveridge: northidahorei.com
• Subscribe to our YouTube channel for more real estate insights: Nick Beveridge YouTube
• Follow us for daily updates: [Instagram/Twitter/Facebook Handles]

📌 Hashtags: #RealEstateInvesting #FixAndFlip #PropertyRenovation #InvestorShedPodcast #PriestRiverProject #RealEstateFinance #ContractorManagement #HomeStaging #RealEstateChallenges #PropertyInvestmentTips

S3E24 From Teacher to Real Estate Syndication Pro with Julie Holly- The Investor Shed Podcast

For 50% off tickets to the Event in Coeur d’ Alene use promo code: INVESTORSHED

Here’s the link to get tickets: https://www.eventbrite.com/e/conscious-investor-growth-summit-tickets-749034370967

In this enlightening episode of the Investor Shed Podcast, hosts Nick Beveridge and Jeremy Kitchen dive deep with Julie Holly, a former elementary school teacher turned real estate syndication guru. Julie shares her incredible journey of transitioning from education to dominating the real estate investment scene, emphasizing the power of saying no to subpar deals, the strategy behind multifamily syndication, and the art of passive investing for financial security. 🔑 Key Highlights: Julie's leap of faith from teaching to real estate. The critical importance of selective deal participation for success. Building a reliable syndication team and the dynamics of active vs. passive investing. An inside look at the Conscious Investor Growth Summit, focusing on health, mindset, and wealth in real estate. Julie's personal pursuits in rock climbing, mountain biking, and more. Julie also sheds light on the benefits of real estate investing, such as depreciation and tax advantages, and shares her unique perspective on success. Whether you're a seasoned investor or just getting started, Julie's insights are invaluable for anyone looking to scale their real estate portfolio and achieve financial freedom. 🎧 Listen to the full episode for detailed insights on making strategic real estate investments and to hear Julie's journey of growth and success in the 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/

🔗 Connect with Julie Holly:

Explore Julie's multifaceted real estate ventures and tune into her top-ranked podcast, The Conscious Investor, for more on mindset and investing. Don't miss the annual Conscious Investor Growth Summit for networking and growth opportunities.

LinkTree: linktr.ee/julieholly

☎️ Schedule a Call: https://calendly.com/threekeysinvestments/20-minute-call?month=2024-02

For 50% off tickets to the Event in Coeur d’ Alene use promo code: INVESTORSHED

Here’s the link to get tickets: https://www.eventbrite.com/e/conscious-investor-growth-summit-tickets-749034370967

 

#RealEstateInvesting #JulieHolly #InvestorShedPodcast #MultifamilyInvesting #PassiveIncome #RealEstateSyndication #ConsciousInvestor #InvestmentStrategies #FinancialFreedom #SuccessMindset

S3E23 The AI Revolution in Real Estate: Insights with Nick & Jeremy

🎙️ Welcome to The Investor Shed Podcast, Episode [Insert Episode Number] 🎙️

Embark on an enlightening journey with Nick Beveridge and Jeremy Kitchen as they delve into the impactful role of Artificial Intelligence in the realm of real estate and various industries. This episode is packed with insights on the use of AI tools like Chat GPT, and their influence on jobs, efficiency, and the future of real estate.

Key Highlights:

• [02:57] Exploring the rise of AI in the real estate sector and its transformative potential.
• [05:52] A deep dive into how AI is automating tasks and refining the flow of information.
• [10:52] Unveiling the capabilities of Chat GPT in analyzing real estate deals and crafting custom strategies.
• [20:04] Discussing AI's impact on critical thinking and decision-making in real estate.
• [31:16] The revolutionary role of AI in optimizing information and enhancing communication.
• [39:05] Practical applications of AI, including RV park management and policy formulation.
• [40:39] Envisioning the future: AI's role in image enhancement and societal evolution.
• [47:40] Emphasizing personal growth and the importance of embracing challenges in an AI-driven era.
• [53:44] Insights from Chat GPT and its perspective on managing a $30 million budget.

This episode is a must-listen for anyone in the real estate industry or those intrigued by the increasing influence of technology in our daily lives.

 

Remember to like, share, and subscribe for more in-depth discussions from The Investor Shed Podcast, where real estate meets the cutting edge of technology!

Stay Connected:

• Website: northidahorei.com
• YouTube: Nick Beveridge
• Email: nickbeveridge17@gmail.com

#TheInvestorShedPodcast #AIInRealEstate #TechnologyTrends #ChatGPT #Innovation

S3 E22 True Freedom: Shawn Dolan’s Journey to Financial Independence | The Investor Shed Podcast

In this compelling episode of The Investor Shed Podcast, we're joined by Shawn Dolan, a seasoned real estate investor. Shawn takes us through his impressive journey, from purchasing his first duplex to amassing a portfolio of 134 doors. He candidly shares the challenges he faced, including non-paying tenants and the tumultuous housing crash, and how he overcame them.  Key Takeaways:  Trust your gut in real estate but verify with hard data. Leverage financial tools like HELOC and self-directed 401k for investment. Start investing locally and expand strategically. Collaborate with partners for greater resource and knowledge sharing. Focus on property management to attain financial freedom. Be wary of real estate scams and emphasize on direct property inspections. Episode Highlights:  Overcoming challenges in real estate investment. Effective property management strategies. Insights on navigating through market downturns. The significance of mentorship for emerging investors. The importance of asset protection and entity structuring for long-term success. Shawn’s take on underappreciated strategies in real estate. Chapters  00:00 Introduction and Background 01:22 Starting Out and Dealing with Challenges 03:14 Selling Properties and Moving to the Midwest 04:12 Managing Properties and Pruning the Portfolio 08:29 Using HELOC and Self-Directed 401k for Investing 09:28 Trusting Gut Feelings and Verifying Numbers 11:53 Acquiring Properties and Negotiating Prices 14:14 Analyzing Deals and Accounting for Expenses 18:16 Advice for New Investors 22:04 Achieving Financial Freedom and Enjoying the Rewards 26:07 Using Self-Directed 401k for Real Estate Investing 27:44 Choosing a Market and Starting in Your Own Backyard 32:03 Expanding and Syndicating Deals 33:14 Importance of Referrals and Due Diligence 34:28 Real Estate Scams 36:21 Interesting Stories 40:48 Freedom and Lifestyle 43:46 Mentoring 45:43 Biggest Mistakes 47:10 Owner Financing 49:22 Underappreciated Strategies 51:17 Advice for New Investors 57:48 Asset Protection 01:01:17 Recommended Books 01:02:17 Defining Success 01:04:05 How to Connect with Sean Dolan Shawn also discusses the lifestyle and freedom that come with real estate investing, mentoring, and shares valuable advice for new investors.  Listen to this episode on:  YouTube: The Investor Shed Podcast Apple Podcasts: The Investor Shed Podcast on Apple Podcasts TuneIn: The Investor Shed Podcast on TuneIn

S3E21 Mastering Financial Stability: Insurance & Real Estate Josh Heikkila- Investor Shed Podcast

🎙️ Welcome to The Investor Shed Podcast, Season 3 Episode 21 🎙️ Dive into the intricacies of financial planning in this enlightening episode with our esteemed guest, Josh Heikkila. Uncover the hidden potentials of life insurance plans and learn how they form a cornerstone of a well-rounded financial strategy. **Key Highlights:** - **[03:24]** Josh unveils the adaptable nature of life insurance plans, tailored to meet personal financial necessities. - **[41:42]** A critical look at the issue of under-insurance and practical steps to safeguard your family's financial future. - **[52:29]** Josh shares his blueprint for a robust financial system, integrating life insurance, real estate, and retirement planning. - **[55:51]** An exclusive peek into Josh's personal financial strategy, including insights into his whole life policies, IRAs, and brokerage account. - **[01:00:43]** Discussion about a complex hard money deal and the significance of sustaining financial stability in an ever-changing market. - **[01:09:00]** Josh's thoughts on judiciously managing and investing $30 million. 📘 **Recommended Read:** "The Personal Economic Model" This episode is a must-listen for anyone interested in enhancing their financial acumen, whether you're a seasoned investor or just starting out. **Timestamps:** - ... Ensure you hit like, share, and subscribe for more insightful content from The Investor Shed Podcast, your go-to source for top-tier real estate and finance expertise! --- **Stay Connected - Website: [northidahorei.com](https://www.northidahorei.com) - YouTube: [Nick Beveridge](https://www.youtube.com/nickbeveridge) - Email: [nickbeveridge17@gmail.com] #TheInvestorShedPodcast #FinancialPlanning #LifeInsurance #RealEstateInvesting #JoshHeikkila