Stacking Deeds: Strategies, Market Trends, Tools, and Education For Real Estate Investors Joe Saul-Sehy & Crystal Hammond

What you don't know about lending CAN hurt you. That's why today we dive again into your basic options with the CEO of lender Prosper, David Kimball. He'll not only share the basics of how these products work, he'll also surprise even Joe with some facts about them that HE didn't know! We'll also cover how the fees and interest rates work on these loans. We'll tackle the downsides of using them, when they work best, and when you should avoid them. We'll also discuss predatory loan practices in this area and exactly how long you should expect your money after you're approved for either a home equity loan or line of credit.







 




 
In our headline segment, we'll share a story "as old as time." It's the one thing people often forget about when they purchase a property: taxes! Some people recently were surprised by their tax bill when they purchased their property. How come? There's a good answer, and it could help you avoid a major mistake when you're making your next deal. We'll talk about property taxes and negotiation on today's show.











 
Plus we'll answer a Deeder's question who wonders, "What could be the downside of government grants and special incentives?" Does it pay to move to a new city in exchange for cash or great deals on a home? Even better for our show...does that translate into better deals you can cash in on to rent out property or flip it? We'll share.











 
Of course, Doug also shares an amazing property pop quiz and we'll share so, so, so much more!
Have a question for the show? Head to StackingDeeds.net/voicemail
Looking for the show notes? Subscribe for free and we’ll send them directly to your email box: StackingDeeds.net/shownotes

How do you become successful? If you’re any self-respecting entrepreneur, you learn to fail faster. It feels great to win, but on today’s episode, author Dave Mason shares how some of the best and brightest forged HUGE careers or built massive real estate empire through failure. We’ll talk through case studies of Spanx, Mt. Everest attempts, and much more. Hopefully you’ll learn that hurrying ahead, rather than waiting until you’re ready to move forward, is ONE key to short term losses but long term gains.







 




 
Plus, what’s the next “big thing” in home construction? How about 3-D printed homes? One company in Austin, Texas is busy doing it. Should you pursue hot new tech? We’ll share our thoughts on the technology, whether you should dip your toe in that pool, and also, some thoughts on other areas of tech that you may want to focus more on.











 
 
Of course, we’ll still share Doug’s pop quiz, we’ll answer a call from a Deeder, AND much, much more (including cookie talk!). It’s another great episode of the Stacking Deeds Show!











 
 
Know an investor who needs to hear today’s message! Forward this to them! Have a question about a topic? Call Ruth’s Rotary phone at http://stackingdeeds.net/voicemail and we’ll answer your question on the podcast!

The world of financing is far more at the heart of a real estate deal than a new investor may know. By structuring the right financial package, you'll be able to stretch your money further, so that you can either grow your real estate empire more quickly or use your freed up funds to furnish the property, make repairs, or cover vacancies. You truly need to know how to structure a deal to get head when you enter the real estate sphere.
But before you learn about alternative financing, you need a good foundation. Sadly, we've found most new investors are working from a series of half-lessons and nearly half-truths about basic mortgages. That's why we asked Greg McBride from Bankrate to join us. As Bankrate's Chief Analyst, Greg is a pro at evaluating between the 15 and 30 year options, knowing how adjustable rate and balloon mortgages work, and more. He also knows how to navigate the mortgage industry so you're on the lookout for hidden fees, suspiciously low interest rates, and loan processing snafus that may hold up your project. We talk about all of those issues and more with Greg so that you have a solid foundation in the basics before buying that first rental!
But before that, in our headline segment, Crystal and Joe cover a question that we've already been asked a ton: when is the right time to buy a home? We tackle this question by diving into an answer from one real estate pro who helps even the most green investor realize that it isn't the timing as much as creating the right deal that will make you a success in this business.
Later, we take a call from Deeder John, who wonders about a vacation rental property that might be either a long term rental or maybe a short term rental property. How do you decide which is the best option for a given address? We'll talk through our criteria so that if you're deciding how to wring the most money from your real estate, you aren't left wishing you'd done things differently.
Visit our show notes at http://stackingdeeds.net
 

On today’s show Crystal and Joe take a break from helping you with the basics to share what’s happening NOW in real estate. Brian Boyd is a tax attorney and real estate investor who helps investors save money by understanding the law and by making smarter choices. Lauren Keen Aumond specializes in short term rentals and has set up systems to make investing in real estate far easier than most people would imagine. Ali Garced is the host of the Agent Gold Mine podcast and teaches real estate pros how to truly be….professional. Each of these pros share their thoughts on 2024 and help us dive into a discussion about trends that will allow you to better navigate the real estate waters in your preferred area of the market. We’ll cover a wide range of topics, including (but not limited to) the NRA settlement and what it means to investors and real estate pros, pending legislation and how you should think about what may be coming down the line from Congress, and recent changes from AirBnB that affect every short term rental owner. How do you become a great investor? You know what’s going on and respond accordingly without overreacting. Today we help you do just that.











 
Of course, at the halfway point of this episode Doug will spring his weekly pop quiz which will help you not only invest better, but also become better around the watercooler.
Have a question for the show? Head to StackingDeeds.net/voicemail
Looking for the show notes? Subscribe for free and we’ll send them directly to your email box: StackingDeeds.net/shownotes

Is your real estate empire working for you or are you working for your real estate empire? Have you ever wondered how it would feel to be free to do whatever you wish, not burdened by a full time job hanging over your head? The problem with many real estate investors is that they trade working full-time for someone else for longer hours, maintaining an unwieldy real estate empire. Today we help you change that as we roll back the clock to the fall of 2023 when we chatted with Chad Carson, AKA "Coach Carson" about building a small but mighty real estate empire. One big enough to fund your dreams but not so big that you're constantly working to maintain it. How do you set all of this up? He'll explain.
Of course, we'll also include a compelling headline, a call to Ruth's Rotary phone, and some of Doug's eclectic real estate trivia. 
Enjoy!

Commercial real estate is a different beast than what most of our Deeders are used to. You’re dealing with bigger companies who are more likely to analyze the deal carefully and over a different timeframe than the mom-and-pop renting out your AirBnB. They also have different interests, like triple-net leasing and space that’s easily transferable. So what do you need to know? Today we chat with Neil Timmins, an investor in Iowa who by age 29 became the number one REMAX realtor in the state. After many residential projects, Neil had his first opportunity for a commercial deal and took it, and he was hooked. He’ll share the ins-and-outs of the commercial space, how to find your first deal, who to approach, and more.











 
In our headline, what could go wrong when you invest in a hot market? Plenty. Today we share a cautionary tale so that you don’t make some key mistakes when investing in your first property (or second, third, etc.). Plus, Doug shares his property pop quiz, and more! It’s another exciting day in the back of Ruth’s car learning about real estate!
 
Have a question for the show? Head to StackingDeeds.net/voicemail
Looking for the show notes? Subscribe for free and we’ll send them directly to your email box: StackingDeeds.net/shownotes