Twinvestor Real Estate Show with Justin & Jared

We sit down with Kelly Swan, one of the finest architects in our market.  If you've ever considered building a dream home or are planning an addition, I know you'll find this interview interesting and informative.  You can find Kelly online at www.architectks.com, email him at getstarted@architectks.com and his mobile 385-265-2663.  

A great home inspection is worth the investment.  We sit down with Bryan Kirkham with Utah Property Inspectors, one of our long time partners for a full discussion on this important step.  Contact Bryan through his website at www.upiutah.com, email him at bryan@upiutah.com or call 801-694-2692.

Well, they can be a life saver.  But, you've got to understand what they cover and what they don't.  This episode with Corey Zimmerman from ElevateHW.com covers just about everything you need to know! 

We're hoping the title got your attention!  Insurance is not sexy, but we do our best to spice things up.  Our long time insurance broker stopped by to answers some questions.  We talk about earthquake insurance, unpermitted basements, landlord liability, what to do if your home floods and many other titillating issues.  Find Shane Adams at www.GMIins.com.    

Jared and Justin share updates on their many projects around Utah County they've had underway these last few months. Their latest project is a beautiful restoration in Orem, Utah just behind Scera Park. If you haven't seen that home yet, be sure to check out that video here.Links to VideosBefore Restoration: https://youtu.be/bfK02MnDUb8 Update 1: https://youtu.be/IMWWWvaTp2Y Update 2: https://youtu.be/whmQwkiLULg Update 3: https://youtu.be/2Z6cLEy2bjs 

Are you thinking about new construction for your next home? Or perhaps you want to skip the checkout line at a semi-custom builder and go full-custom? It can be rewarding to live in something you designed and built, but there's quite a lot to consider when building a new home, either semi or full-custom. And it's more important you understand beforehand what you're getting yourself into. Jared and Justin dive into this interest topic on today's episode. 

HELOCs can be very powerful when used effectively, like unlocking the power of equity in your home. That dream vacation or a dream convertible in a mid-life crisis may not be the best use of a HELOC. But when used the right way, a HELOC can be a gateway to new opportunities. Most commonly this is an improvement to a home, but there are several ways a HELOC can help you in your investor journey.

One of the most important things to do when purchasing a property is due diligence. It's your chance as a buyer to find out all the wanted, and unwanted, details of the property. Risk lies in the unknown, and finding as much as you can before the deal closes is key to minimizing that risk. Jared and Justin talk about all the things to consider when performing due diligence that will help in your evaluation of the property. https://youtu.be/WKEwSm48cQ4

There's a million and one reasons to consider paying off your mortgage early. But is it feasible? It takes vision, dedication, and discipline. But it's easy to justify not paying it off early, and in some cases, it might not be the best move for you right now. Jared and Justin get into this conversation in this very podcast. When is the right time to pay it off? What does it take? Why would someone want to? These, and more questions answered!

Are you a tired landlord? Or thinking about renting out your home, but not sure what to do?Any experienced investor will tell you it takes a lot of hard work to own and operate a rental property. Bad experiences with a terrible tenant, maintenance emergencies in the middle of the night, and enormous liability are just some of the issues investors face as they become landlords. These frustrations are enough to make a lot of investors sell their properties much earlier than anticipated, thus forfeiting years of potential income, appreciation, and tax benefits. This is unfortunate and we see it all too often.In this episode, Jared and Justin dive into the top reasons to hire a property manager - a decision that could save you thousands!Check out the YouTube video: https://youtu.be/RMmls5w1G-A

When purchasing an investment home or a rental property, there are a lot of costs to be aware of. In this episode, Jared and Justin talk about these common and uncommon costs, what they are, and why they matter.

Rental Application: http://ow.ly/UAwM50wPQaVTenant Discovery Form: http://ow.ly/edfJ50wPQc1Summary: http://ow.ly/sBKO50wPQcBEver wonder why some landlords have great tenants, while others seem to struggle? It all starts with the very first interaction and the way good landlords screen their tenants. It's a rigorous process, but can save you thousands of dollars.Jared goes into detail on his process to screen and find the best tenants for his clients.As always, please make sure to consult with your attorney. This information is intended to be informational and not legal advice. 

Ever wonder what it takes to buy a home? How do you buy your first house? Jared and Justin get into the details of buying your first home with this New Buyer Consultation they've designed over 20 years in real estate.Watch on YouTube: https://youtu.be/fsWlrkXUAGM

Is flipping a home everything it's cracked up to be? Is it the answer to your financial worries?There's a lot that goes into flipping a property and deals can go sideways very quickly. Justin and Jared get into this topic today to help wanna-be flippers get a better look at flipping homes.Watch on YouTube: https://youtu.be/4T5T7oWMTUk

Seller financing. What is it and why should you be using it? Seller financing can be an incredible tool for both buyers and sellers looking to maximize opportunity on a property. Justin and Jared discuss what it is, how it works, and what to keep in mind as you look for seller financing deals.Home Basics Real Estate is a unique brokerage offering not only sales, but property management and investment services as well. With over $250,000,000 in total sales since 1999, they consistently rank among the top Realtors nationally. Currently, Home Basics manages a $35,000,000 real estate portfolio, which includes residential and commercial assets and represents investors from around the country. They conduct business with a wide variety of clients, including banks, asset management companies, capital groups, relocation companies and private investors, buyers and sellers.www.homebasicsrealestate.com801-802-7253

Getting started in real estate can be daunting. How do you get started? What does it take? In this episode, Justin and Jared talk about investing and being involved in real estate deals. From passive to active, there's a role for everyone in real estate. Partnering can open a world of opportunity!Home Basics Real Estate is a unique brokerage offering not only sales, but property management and investment services as well. With over $250,000,000 in total sales since 1999, they consistently rank among the top Realtors nationally. Currently, Home Basics manages a $35,000,000 real estate portfolio, which includes residential and commercial assets and represents investors from around the country. They conduct business with a wide variety of clients, including banks, asset management companies, capital groups, relocation companies and private investors, buyers and sellers.www.homebasicsrealestate.com801-802-7253

This week Jared and Justin discuss the importance of understanding key numbers when investing in real estate. It's a skill and technique needed to make sound financial decisions. Learning how to use data is vital to your success as an investor.Home Basics Real Estate is a unique brokerage offering not only sales, but property management and investment services as well. With over $250,000,000 in total sales since 1999, they consistently rank among the top Realtors nationally. Currently, Home Basics manages a $35,000,000 real estate portfolio, which includes residential and commercial assets and represents investors from around the country. They conduct business with a wide variety of clients, including banks, asset management companies, capital groups, relocation companies and private investors, buyers and sellers.www.homebasicsrealestate.com801-802-7253

Mortgages. Mortgages. Mortgages. Most people think that a mortgage is the only way to finance a real estate purchase. But it just isn't true. Jared and Justin talk about unique ways they're helping people finance real estate purchases and investments without using a traditional mortgage. Home Basics Real Estate is a unique brokerage offering not only sales, but property management and investment services as well. With over $250,000,000 in total sales since 1999, they consistently rank among the top Realtors nationally. Currently, Home Basics manages a $35,000,000 real estate portfolio, which includes residential and commercial assets and represents investors from around the country. They conduct business with a wide variety of clients, including banks, asset management companies, capital groups, relocation companies and private investors, buyers and sellers.www.homebasicsrealestate.com801-802-7253

Buying a home brings all kinds of opportunities, and turning your property into additional income is one of them! In this episode, Justin and Jared talk about some pretty creative ways to get more out of your real estate! Home Basics Real Estate is a unique brokerage offering not only sales, but property management and investment services as well. With over $250,000,000 in total sales since 1999, they consistently rank among the top Realtors nationally. Currently, Home Basics manages a $35,000,000 real estate portfolio, which includes residential and commercial assets and represents investors from around the country. They conduct business with a wide variety of clients, including banks, asset management companies, capital groups, relocation companies and private investors, buyers and sellers.www.homebasicsrealestate.com801-802-7253

In this episode, Justin and Jared talk about the mindset it takes to be dedicated, successful real estate entrepreneurs and investors. It's not always easy to put off the things we love, but with smart goals, a little bit of guidance and perspective, anyone can achieve the same results. Don't limit or exclude yourself from becoming a real estate investor. Anyone can do it with enough determination and hard work!Home Basics Real Estate is a unique brokerage offering not only sales, but property management and investment services as well. With over $250,000,000 in total sales since 1999, they consistently rank among the top Realtors nationally. Currently, Home Basics manages a $35,000,000 real estate portfolio, which includes residential and commercial assets and represents investors from around the country. They conduct business with a wide variety of clients, including banks, asset management companies, capital groups, relocation companies and private investors, buyers and sellers.www.homebasicsrealestate.com 801-802-7253

Justin and Jared bring you insights on the best and worst types of properties to invest in: Spoiler - there's no "BAD" real estate types to invest in. But they talk about the pros and cons of different asset types and what you, as an investor, can expect with each. 

In this episode, Justin and Jared talk about preparing your home to sell. They offer their clients access to cash to make those needed repairs and last minute things to get homes in top condition to sell fast.Home Basics Loan Program: https://youtu.be/mtC3-LU5CPU

Is now the right time to buy a home? Is there going to be another crash? What does all that mean? Jared and Justin Schauers of Home Basics Real Estate answer these questions and more. Buying and selling your home in a hot market can be daunting, but they make it a seamless process.Home Basics Loan Program: https://youtu.be/mtC3-LU5CPUMarket Update Data: https://gardner.utah.edu/wp-content/uploads/YearInCharts-Housing.pdfwww.homebasicsrealestate.com801-802-7253