MONOPOLY LIFE PODCAST Sergio Hernandez | Omar A. Martinez

In this episode of "Monopoly Life," hosts Sergio Hernandez and Omar Martinez welcome Jared and Brian from Triplex Millionaires. The conversation kicks off with appreciation for Jared and Brian's time given their busy schedule with numerous projects. The hosts delve into the origins of their guests' venture into Accessory Dwelling Units (ADUs), prompted by an introduction through Brian Decker and a personal investment strategy aimed at enhancing a two-unit property. This leads to a discussion ...

In this episode of Monopoly Life, the hosts discuss the Dream for All Shared Appreciation loan program and its second go-around. They reflect on the challenges of the program's first year, where funds were quickly exhausted in just a few days. The discussion highlights the changes made to ensure that the funds are allocated to those who truly need them for homeownership. They delve into eligibility criteria, including being a first-time homebuyer, a first-generation homebuyer, and a res...

"In this podcast episode, join Sergio Hernandez, a seasoned professional in mortgage and real estate since 1994, as he unveils the often overlooked costs of homeownership that could turn your dream home into a financial nightmare. Sergio shares practical advice on how to avoid common traps and prepare for these expenses, ensuring a smooth and budget-friendly homeownership journey. Don't miss this valuable insight from an industry expert. Like, subscribe, and hit the notification bell for more...

Struggles with Early Credit: Omar shares his early struggles with obtaining credit, mentioning how he was repeatedly turned down. He eventually started building his credit history with a secured credit card.Learning the Hard Way: Omar talks about the mistakes he made, such as maxing out his credit card and paying over-limit fees, before learning how to manage his credit better.Credit Scores and FICO: The hosts discuss the importance of FICO scores, which range from 300 to 850. A higher score ...

Welcome to another episode of Monopoly Life! 🏡💰 Join your hosts, Sergio Hernandez and Omar Martinez, as they dive into a crucial topic for homeowners - "Accessing Your Home Equity." In today's financial landscape, understanding how to leverage your home equity is more important than ever, especially with rising interest rates.Sergio and Omar break down three ways to access your home equity:Fixed Amount Loan: This option is ideal if you already have a clear plan for the funds, like paying off ...

In this episode, we're diving into the exciting world of Accessory Dwelling Units (ADUs) and Expanded Dwelling Units (JADUs) and how they can change the game in real estate investment and homeownership. 🏠🌟 The ADU & JADU Opportunity: 🌟🏡 ADUs are a hidden gem in the real estate market! They offer a fantastic opportunity to maximize the real estate you already own.Looking for an affordable entry point into homeownership or a smart investment? ADUs might be the answer. ADUs can house el...