Podcasts about 203k

In this episode, I sat down with 10-year mortgage industry veteran Sal Rizzolo, Branch Manager at New American Funding, to unpack what's really happening on the front lines of lending right now. We talked about how AI is rapidly automating cookie-cutter loans — and how companies like Freedom Mortgage and Better Mortgage are already racing to cut human loan officers out of the equation. But instead of treating that as a death sentence, Sal breaks down exactly how he and his team are future-proofing themselves by mastering the 203K renovation loan — an FHA product that lets buyers purchase and renovate a home simultaneously with as little as 3.5% down. We dove deep into how this product creates supply in markets starved for inventory, how realtors can use it to close deals they would have otherwise lost, how homeowners can renovate without selling their low-rate mortgage, and why the most complex, human-intensive deals will always need a skilled loan officer who knows what no AI ever will. Sal Rizzolo Sal Rizzolo is a Branch Manager and Senior Loan Officer at New American Funding, based in Long Island, New York, with a growing presence in Florida. With over 10 years in the mortgage industry, Sal got his start after leaving a career as a hairdresser and was mentored by industry veteran Frank, who introduced him to the business and shaped his client-first philosophy. Over the past decade, Sal has built a reputation as one of the go-to specialists in renovation lending — particularly FHA 203K loans — becoming a pioneer of what he calls "ending renovation discrimination" in real estate markets. He operates across nearly all 50 states and is known for working with complex borrower profiles that other lenders pass on: lower credit scores, higher debt-to-income ratios, and buyers with limited down payments. Sal has hosted seminars for real estate agents throughout Long Island, converting educational events into lasting referral partnerships. He is NMLS licensed (#1489171) and is part of the Capo DiBug Team Northeast at New American Funding.   Connect With Sal Rizzolo Instagram: @salrizzolo Instagram: instagram.com/salrizzolo LinkedIn: linkedin.com/in/sal-rizzolo-6802a7181 New American Funding Profile: newamericanfunding.com/mortgage-loans/SalRizzolo     About Justin: Justin Colby is the host of The Entrepreneur DNA and The M.O.R.E Show podcasts and a best-selling author. He is a serial entrepreneur and a seasoned real estate investor with over 20 years of experience. Driven by a passion to help entrepreneurs thrive, Justin created the Entrepreneur DNA community to support business owners in building wealth, systems, and long-term freedom. Through his podcasts, books, education platforms, and hands-on mentorship, he continues to help entrepreneurs scale with clarity and confidence. Connect with Justin: Instagram: @thejustincolby YouTube: Justin Colby TikTok: @justincolbytsof LinkedIn: Justin Colby Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode, I sit down with my guy Matt Porcaro — the founder of The 203K Way — who breaks down one of the most underutilized financing strategies in all of real estate: the FHA 203K renovation loan. Matt shares how he turned a $9,500 down payment into over $180,000 in equity in just eight months by purchasing a run-down Long Island duplex, wrapping the renovation costs directly into his mortgage, and living in one unit while the tenant in the other essentially covered his housing costs. We go deep on how this loan works for first-time buyers, existing homeowners who want to renovate without touching their cash, and even real estate agents who need a fresh edge in a slow inventory market. We also get into the exploding world of ADUs — accessory dwelling units — and how new FHA, Fannie Mae, and Freddie Mac guidelines are opening up virtually the entire single-family housing stock to house hackers who know where to look. If you've been sitting on the sidelines waiting for rates to drop or inventory to open up, this episode will completely change how you think about the opportunity in front of you right now. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What do investors need to be aware of when taking on a 203k or Homestyle Renovation loan? ============= Connect with Mark and Tom: StraightUpChicagoInvestor.com Guest: Jonathan Klemm, Quality Builders Email the Show: StraightUpChicagoInvestor@gmail.com Link: Build Your Team | Straight Up Chicago Investor Podcast Properties for Sale on the North Side?  We want to buy them. Email: StraightUpChicagoInvestor@gmail.com Have a vacancy? We can place your next tenant and give you back 30-40 hours of your time. Learn more: GCRealtyInc.com/tenant-placement Has Property Mgmt become an opportunity cost for you? Let us lower your risk and give you your time back to grow. Learn more: GCRealtyinc.com ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2026.

Matt Porcaro joins the show to share his incredible journey of turning a $9,500 investment into $150,000 in equity using the FHA 203k loan strategy. This episode breaks down how to buy a house that pays you to live there, scale into other active income streams like lending and construction, and find hidden deals on the MLS using renovation capital.Learn how to navigate highly competitive real estate markets, leverage renovation loans to act like a cash buyer, and use the "driving for dream homes" strategy with personalized direct mail to secure properties with massive response rates. More REI tips when you join the TTP Training Program.---------Show notes:(0:00) Beginning of today's episode(0:48) How Matt discovered the FHA 203k loan to break into New York's expensive market(2:12) Buying a duplex for 3.5% down and wrapping in renovation costs(3:11) Turning a $9,500 out-of-pocket investment into $150,000 of equity(5:01) The rules on holding multiple FHA 203k and Fannie Mae Homestyle loans(9:19) Why appreciation builds true wealth over simple cash flow in competitive markets(12:10) Transitioning from rentals to active income businesses like lending and construction(15:47) The harsh realities of flipping and the importance of sourcing reliable contractors(21:13) Farming the MLS "Goldilocks zone" using renovation loans(24:15) Building a list of 400 properties through "driving for dream homes"(25:16) Getting an unheard-of 10% response rate using honest, handwritten direct mail----------Resources:FHA 203K LoanFannie Mae Homestyle LoanDeal MachineBallpoint MarketingTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

The Cowsills Live on Game Changers With Vicki Abelson What's better than sitting down with your old friend and childhood hero, Bob Cowsill? Being surprised when Paul and Susan Cowsill join him. Us. What fun! The Cowsills (Hair, The Rain, The Park, and Other Things, We Can Fly), currently out on The Happy Together Tour, are the real-life Partridge Family, upon whom the show was based. A fan since the 60s, they adorned my walls and turntable. I love them. Bob Cowsill holds the distinction of having the most viewed video on my YouTube channel, over 203K views and counting, daily, years after its release. Bob's Women Who Write appearance, middling for the late, great Ed Asner, with incredible opener, James Morrison, of 24, was a KILLER! It was an instant classic, timeless, not to be missed! It'll make you happy, happy, happy, as no doubt this 4th sitdown with the always ridiculously entertaining, funny man and the second with the lot of 'em will. We talked about their watching The Beatles on Ed Sullivan, and the impact they had on Bob and Bill, their first two failed record deals, some oddly named group, Simon & Garfunkel, who bested them. The third deal was the charm with The Rain, The Park & Other Things written for them. How Mom, Paul & Susan each joined the brothers. How Hair came to them, thank you, Carl Reiner...how pleasing their fans, whether on The Happy Together Tour, which they've opened for 11 years, or on The Flower Power cruise, which they do annually, is their primary purpose. They always play their hits and love doing so. We talked about their new releases, Rhythm of the World, Global, and the upcoming The Cocaine Drain, and their long-awaited a cappella album. If you're lucky enough to catch one of their bi-monthly Cowsills gigs, you might get to hear Is Your Love Alive, or other previously unreleased gems. But you can bet you'll hear their classics and some great covers. They are now and have always been crowd pleasers, and that includes sitting down with them. They're open, fun, clearly love each other, and have infectious enthusiasm for what they do and life in general. As always, whether at one of their shows or chatting, I had a ball. I trust you will, too. The Cowsills Live on Game Changers With Vicki Abelson Wednesday, 8/20/25, **2 PM PT, 5 PM ET** Streamed Live on my FB & YouTube http://bit.ly/3JpW8rB https://www.youtube.com/watch?v=hcTbAcaLw1Q

Why Home Inspections Matter: Insights from the Talk Real Estate Roundtable At Boston Connect Real Estate, we believe every move should be a moving experience—and that starts with being informed. In our latest episode of Talk Real Estate Roundtable, host Melissa Wallace sat down with veteran Realtor® Sue Bollinger to dive deep into the importance of home inspections, a topic that's gaining even more attention with upcoming changes to Massachusetts law. Why Home Inspections Shouldn't Be Skipped Sue, a full-time Realtor® with over 20 years of experience on the South Shore, strongly advises against waiving home inspections—something buyers have felt pressure to do in competitive markets. Fortunately, a new Massachusetts law going into effect in October will prevent sellers from requiring buyers to waive their right to an inspection, leveling the playing field for informed decisions. Home inspections aren't just about uncovering issues—they're an educational experience for buyers. From understanding how to shut off water valves to knowing how to change a furnace filter, a good inspector arms buyers with essential knowledge about their future home. Common Issues and How to Handle Them Sue and Melissa highlighted several recurring issues that come up during home inspections: Roof Conditions: An aging roof can lead to leaks, mold, and major expenses. Inspectors evaluate remaining roof life and help buyers negotiate credits or plan for future repairs. Plumbing Leaks: Even minor issues like a leaky kitchen sink can raise red flags. The key is understanding whether the issue has been addressed and how serious it is. Electrical Problems: Outdated wiring, missing GFCI outlets, and insufficient amperage are common and can range from simple fixes to major upgrades. Mold and Moisture: Especially relevant in New England basements and attics, mold is both a health concern and a costly remediation item. Chimney and Structural Concerns: One buyer in Sue's story discovered a leaning chimney after purchase—a repair they took on themselves because the issue had been previously disclosed but not fixed. The Role of Negotiation and Education A major takeaway from the show is that home inspections shouldn't be viewed as deal-breakers, but as opportunities for negotiation and preparation. Sellers can provide past inspection reports and repair summaries, and buyers can use that information to make confident, informed offers. Melissa noted the emotional side of the process—how buyers interpret inspection reports depends greatly on perception. A leaky sink might be a quick fix to one person and a nightmare to another. That's where a skilled agent's guidance becomes invaluable. Don't Forget the Extras Aside from the standard home inspection, buyers can—and often should—invest in: Pest inspections Water testing Radon testing Septic inspections (Title V), which are typically handled by sellers in Massachusetts Sue also discussed renovation financing options like 203K loans, which can help buyers address costly issues like roof or septic system replacements without needing immediate cash out-of-pocket. Client Care Beyond the Sale Boston Connect Real Estate isn't just about transactions. Melissa and Sue also reflected on how the Pembroke office has become a community hub—from hosting Mother's Day events and summer ice cream socials to the beloved annual Holiday Open House with Santa. These client events aren't just fun—they're a reflection of our mission to build lasting relationships. Thinking about buying or selling a home on the South Shore? Let our experienced agents guide you through every step of the process. Contact us today at bostonconnect.com or call 781-826-8000 to schedule your one-on-one consultation.

In this episode, John Harcar interviews Garrett Feis, an expert in the FHA 203K renovation loan. They discuss Garrett's background in construction and how he became a consultant for the 203K loan, which allows buyers to purchase and renovate properties with a single loan. The conversation covers the benefits and challenges of the 203K loan, including its unique features, the importance of having a vision for property transformation, and advice for prospective homebuyers. Garrett also shares insights on connecting with the right resources and navigating the renovation loan process. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

A real estate license isn't just for selling homes. It's a whole launchpad…if you know how to use it right.  If you're a great agent, you're doing way more than unlocking doors and writing offers.  You've got skills that can help you stand out and stack your income. In today's market, the old playbook won't cut it.  Inventory is tight, interest rates are still high, and the NAR settlement changed the game. Agents who stick to business-as-usual are getting left behind.  It's not just about closing deals anymore. It's about thinking bigger, leveraging your skill set, embracing tech tools like AI, and getting creative with things like expired listings and renovation loans.  Everyone's got access to the MLS… but what you do with it?  In this episode, I'm breaking down exactly how I turned one real estate license into a six-figure, multi-stream business. You'll hear how top producers are using AI to revive expired listings, bring real value to sellers, and guide buyers with smart financing options like the 203K loan.  With limited inventory and high interest rates, we have to think creatively to get people off the bench. -Marki Lemons Ryhal   Things You'll Learn In This Episode The skill stack strategy How do you leverage one real estate license into a business that includes teaching, speaking, and consulting? How to elevate expireds What's the secret to turning expired listings into signed clients using AI-powered visual tools? Value that speaks louder than scripts Why do styling guides and tech-based insights beat any sales pitch and get homeowners to call you back? The 203K Advantage How can you use renovation loans to create urgency, secure offers, and add more value in buyer conversations?   About Your Host Marki Lemons Ryhal is a ​​Licensed Managing Broker, REALTOR® and avid volunteer.  She is a dynamic keynote speaker and workshop facilitator, both on-site and virtual; she's the go-to expert for artificial Intelligence, entrepreneurship, and social media in real estate. Marki Lemons Ryhal is dedicated to all things real estate, and with 25+ years of marketing experience, Marki has taught over 250,000 REALTORS® how to earn up to a 2682% return on their marketing dollars. Marki's expertise has been featured in Forbes, Washington Post, http://Homes.com , and REALTOR® Magazine.   Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you! 

For home inspectors (especially with construction backgrounds) 203k consulting might be the perfect way to expand your business while helping buyers transform fixer-uppers into dream homes.As a 203k consultant, you become the linchpin of successful renovation projects. The process begins with a comprehensive property inspection to identify minimum FHA requirements, then expands to include client renovation wishes. You'll create detailed specifications of repairs with line-by-line cost estimates, evaluate contractor bids, and perform regular draw inspections to ensure work meets standards before payments are released.The financial rewards are substantial—consultants earn $500-2000 for initial specifications and $375 plus mileage for each draw inspection. For those with solid construction knowledge and estimating skills, the hourly rate often exceeds standard home inspection fees. But perhaps the greatest reward comes at project completion, when you've helped transform "the worst house on the block" into something beautiful.Ready to expand your inspection business? If you have construction experience, consider applying to HUD for a consultant ID. With many markets experiencing a shortage of qualified 203k consultants, this specialized service could become your most satisfying revenue stream.Check out our home inspection app at www.inspectortoolbelt.comNeed a home inspection website? See samples of our website at www.inspectortoolbelt.com/home-inspection-websites*The views and opinions expressed in this podcast, and the guests on it, do not necessarily reflect the views and opinions of Inspector Toolbelt and its associates.

Bill welcomes Matt Porcaro, creator of the 203K Way. Matt transitioned from corporate America to full-time real estate investing, starting with a 3.5% FHA loan and turning $9,500 into $130,000 in equity. He dives into the details of the 203K Way, an FHA loan program that allows for purchasing and renovating properties with minimal down payment. Matt shares his journey from working as an engineer in New York City to discovering this lesser-known, government-backed financing tool, which enabled him to buy a duplex and accumulate significant equity. He emphasizes the importance of owner-occupancy and leveraging low down payment opportunities as a beginner. Despite facing challenges, including long commutes and dissatisfaction with his corporate job, Matt persisted and found success in real estate. The discussion also touches on refinancing strategies, the role of mortgage insurance, and the benefits of house hacking. Matt reveals his current portfolio, flipping houses for active income and holding properties for long-term gains. He provides insights into current market trends, the impact of political uncertainty, and the emergence of accessory dwelling units (ADUs) as a solution to the housing shortage. The episode concludes with a focus on the future of real estate investing and the importance of flexibility and resilience in one's strategy. The host encourages listeners to follow Matt's journey through his coaching program and Instagram, emphasizing the value of the 203K loan as a critical tool for real estate investors. stayfi.com/bill Discount code: BILL https://www.marketmystr.com/ ➡️ Connect with us: • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508  • Check Out Our website: https://buildstrwealth.com/  • Bill's Instagram: https://www.instagram.com/billfaeth73 • Brea's Instagram: https://www.instagram.com/breafaeth/  • TikTok: https://www.tiktok.com/@bfaeth  On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Subscribe/Follow so you never miss an episode! #BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices

After four years of trial and error with various strategies to break into real estate investing, Matt Porcaro discovered a little-known government-backed renovation loan that allowed him to purchase and renovate a duplex with only a small out-of-pocket investment. Using this strategy, he turned a modest $9,500 down payment into $130,000 in liquid equity and $2,000 a month in passive cash flow—all in just eight months. After repeatedly being asked by friends and family how he did it, Matt decided to create a community focused on leveraging this loan and developed a strategy he named The 203k Way™. Since then, he's helped hundreds of aspiring investors acquire their first or next cash-flowing, high-equity investment property with only a 3.5% down payment, all by utilizing this unique loan product. But it doesn't stop there. The first 203k deal not only helps his students achieve immediate equity and cash flow but also serves as a springboard to even more opportunities, helping them launch successful real estate investing careers—just like it did for Matt.   During the show we discuss: 203k Loan as a Game Changer for New Real Estate Investors Perception of the 203k Loan Being "Hard to Do" and How to Streamline the Process Items Required for a 203k Loan Turning a $9,500 Down Payment into $130,000 in Equity and $2,000 in Passive Cash Flow Using the 203k Loan Details of 203k Loan Limits, Rates, Qualifications, and Property Eligibility Steps to Create Significant Equity with a Small Down Payment Finding Deals Perfect for the 203k Strategy and Ideal Property Types Building a Team of 203k Professionals to Navigate the Loan Process Launching a Real Estate Investing Career with Your First 203k Deal Advice for First-Time Real Estate Investors Using the 203k Loan   Show resource/s: https://www.the203kway.com/home

Have you ever wondered how to get government funding for your first investment property? Matt Porcaro of The 203K Way is here to reveal some secret hacks. This guy is an expert at this strategy of using government money to buy your very first investment property. It's a program that very few people know anything about. We're going to spill the beans on this podcast.There's a lot of people listening to this show who are looking to buy an investment property—not necessarily land, but houses, multifamily or something like that. And they're wondering, Where on earth am I going to get the money from? Or they're wondering, Where on earth am I going to get the 20 to 25% I need for a down payment? Here, Matt breaks down these secret loopholes and the great stuff behind these powerful government programs.What's Inside:—How the government can help you buy an investment property—All about 203K loans and how to obtain one—How to connect with Matt and work with his team

Welcome to another episode of Founders Club! On this episode we'll be talking to Matt Porcaro (@The203kWay) about "Real Estate's Best Kept Secret", The 203k Loan.   Connect with Founders Club Host Oliver Graf on Instagram: @OliverGraf360   Welcome to Founders Club! In this episode, host Oliver Graf sits down with Matt Porcaro, an expert on 203k loans, often dubbed "real estate's best kept secret." Matt shares his insights on how these FHA-insured loans can help you finance both the purchase and renovation of a property with a single mortgage. Discover the advantages of 203k loans, learn the differences between standard and streamlined options, and get Matt's top tips for maximizing your investment returns. Whether you're a seasoned investor or just starting out, this episode is packed with valuable information you won't want to miss.   Do me a solid and…   Leave a 5 star review!   Find me on Instagram: @OliverGraf360   Subscribe to my YouTube channel: http://www.youtube.com/c/OliverGrafTV   Get on my VIP email list and get new episodes of Founders Club straight to you inbox: http://eepurl.com/g_L2Ev    Book me to speak: https://olivergraf.tv/speaking   Book a 1-on1 coaching session: https://calendly.com/olivergraf360/vip  

On this podcast of Welcome Home Radio, host Don Scordino spoke with special guests, Isaac Ramirez, with Park Place Real Estate about "Going Beyond the Call of Duty - 203k Loans and How They are Underutilized as well as Efrain Vazquez with Compass Mortgage Team on, "Homeownership and REALTOR's Role in the Process".

FHA's recent updates to the 203K Rehabilitation Program, detailed in Mortgagee Letter 24-13, include increased caps, extended rehab periods, and enhanced options for financing consultant fees, aiming to broaden homeownership opportunities and streamline project management.----------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U division, Internal QA and Compliance and SaaS technologies. Indecomm acquired Mortgage U in 2013, where Alice was President/Co-founder, providing training and consulting since 1996. Prior to MU she served as SVP of Operations at a national bank overseeing operations for wholesale, retail and correspondent from underwriting through servicing, and compliance.She has been in the trenches of mortgage lending operations from application through servicing for over 30 years. Her authoring work in training content, policies and procedures and the FHA/VA Practical guides illustrates her ability to bridge regulatory requirements with day-to-day operations.Alice has been a weekly contributor to the Lykken on Lending show since its beginning in April 2009 and has made her weekly contributions to 450+ episodes!

In today's episode Craig walks us through the 5 most popular loan types to help determine which one might make the most sense for you. There are the 3% and 5% down conventional, the VA loan, USDA loan, FHA loan and 203K loan. If these are just letters and numbers to you, tune in to see which ones you might qualify for and what the benefits might be. It might also surprise you to hear Craig's perspective on PMI, and why it might actually benefit you in the long run!If you found this episode helpful or you need more guidance on loan products reach out to Craig @thefiguy on IG. 

Investing with Taylor: www.investwithtaylor.com  Stessa to Manage your properties: https://stessa.sjv.io/c/2425882/1152983/14113 Megan Stafford shares her journey from buying her first duplex with a 203K loan to scaling her real estate portfolio to over 2 million dollars. She discusses her creative financing strategies, including partnering with investors and using HELOCs to fund subsequent deals.  She also talks about her approach to flipping properties and the value drivers she focuses on to maximize profits. Megan shares her experience of managing properties remotely and her decision to reduce her unit count to have more freedom and flexibility in her life. Key Takeaways: Megan started her real estate journey by purchasing a duplex with a 203K loan and has since scaled her portfolio to over 2 million dollars. She used creative financing strategies, such as partnering with investors and using HELOCs, to fund subsequent deals. Megan emphasizes the importance of finding good deals and leveraging her network of real estate agents to source opportunities. She focuses on value drivers such as layout, adding bathrooms, and splitting lots to maximize profits in her flips. Megan manages her properties remotely by using technology, maintaining open communication with her team, and making regular visits to ensure quality control. She is currently reducing her unit count to have more freedom and flexibility in her life. Quotes: "I always find the deal first. And then it's like a fire under my butt. I'm like, okay, now I gotta scramble." - Megan Stafford "I guess where there's a lot of fear, there's a lot of opportunity too." - Megan Stafford "I value my time a lot and I want to start cutting back and like traveling more and not having to deal with that." - Megan Stafford

Lauren Schell is a commercial executive producer & entrepreneur. She's made commercials for brands like Nike, Chevrolet and Td Bank and just started her own production company.Started with student debt of over 15k, mounting credit card debt, a low credit score, a terrible relationship with money and at her lowest financial point was making $700/ month and relying on food banks to carry her through the tough times.We reveal how she: Leveraged income leaps  that got her from making $8K/year to $203K/year as a producerHow she created unusual results for herself without burnout in the highly demanding entertainment ifndustryHow to approach and view layoffs, navigating them with easeHow she was able to invent her dream job and the art of creating impossible resultsConnect with Lauren:https://www.laurenschell.com/   Free Live Investing Training

Episode #315 - Join Matt on an inspiring journey from a beginner's mindset to mastering 203K loans and sidestepping common pitfalls. Learn how to unleash your real estate potential even with limited funds, and understand why being fluent in your financing tools is the key to turning your vision into a reality.  

Today's guest is none other than Matt Porcaro, the man leading a revolution with the power of the 203k loan. An engineer by trade, Matt is an expert at figuring out the small details that make big processes function, and he's done just that with the 203k loan. The 203k is notorious for being extremely confusing, which deters a lot of people from harnessing its true power, and what Matt has done with The 203k Way, by simply and consciously explaining the loan, is nothing short of philanthropic. Sell your house, land or commercial property on: https://handsomehomebuyer.com/ Follow us on: TikTok: https://www.tiktok.com/@handsome_homebuyer Twitter: https://twitter.com/handsome_hb Instagram: https://www.instagram.com/handsome_homebuyer/ Pinterest: https://www.pinterest.com/handsome_homebuyer/ Linkedin: www.linkedin.com/in/charles-weinraub-94376116b --- Send in a voice message: https://podcasters.spotify.com/pod/show/charles-weinraub/message

Matt Porcaro is the founder of The 203K Way, a program that helps real estate investors build their portfolios by using the FHA 203K loan. He is a seasoned real estate investor who specializes in fix and flips, the BRRRR strategy, and small multifamily properties, and he is with us on the show today to shed a little more light on The 203K Way.    Listen now to learn how Matt used the FHA 203K loan to propel his real estate investing career to success and how you can learn how to do it for yourself too!   Key Talking Points of the Episode   00:00 Introduction 01:18 Who is Matt Porcaro? 03:01 What is Matt's background? 04:57 How did Matt get into real estate investing? 06:00 What is the FHA 203K Loan? 07:16 How can you use the FHA 203K loan as an investor? 08:37 How did Matt learn more about how the FHA 203K loan works? 09:31 What was Matt's first investment property like? 12:01 How did the FHA 203K loan help Matt make progress in his investing career? 14:04 Why should real estate investors consider utilizing the FHA 203K loan? 16:24 What is the importance of learning to recycle the current real estate inventory? 22:31 How does the FHA 203K loan work? 24:12 What does the process of using the FHA 203K loan look like? 25:33 What is the role of the 203K consultant? 26:08 How can you make sure your renovation works with the FHA 203K loan? 28:42 How do interest rates work with the FHA 203K loan? 29:56 What was the turning point in Matt's career? 32:46 How can the FHA 203K loan make real estate investing easier? 34:12 What is the importance of learning to lead by example? 37:45 What is The 203K Way? 38:32 How did Matt come up with The 203K Way? 41:53 What is the purpose behind The 203K Way? 43:49 What is Matt's advice for investors today? 46:02 How many people has Matt helped with The 203K Way? 47:51 How can you connect and learn more from Matt?   Quotables   “One thing I do know is that we're not gonna be able to build houses fast enough, so we have to learn how to work with the existing inventory in the market and one of the best ways to do this is by using renovation lending.”   “People always wonder why all contractors suck, but it's not that all contractors suck. It's that all people go to the cheapest guy.”    “I think the thing I underestimated the most was getting one deal and how that one deal changes everything so fast. You, all of a sudden, are part of the club.”   “If you can get a good deal, a good deal absolves all sins.” Links   Instagram: The 203K Way https://www.instagram.com/the203kway/   Website: RCN Capital https://www.rcncapital.com/podcast    Website: REI INK https://rei-ink.com/ 

Summary Are you looking to make a shift in your investing, but you've come upon some questions that you're looking for advice on? On this episode, we welcome back Mariah Pierce, PharmD, who reached out to us with a few questions as she prepares to make a shift in her investing. We talk about her new prospective investment options, and we dive into a quick explanation of the FHA 203K loan. We then discuss and share thoughts on her three major questions in preparation for her investment shift. About Today's Guest Mariah Pierce, PharmD is a managed care pharmacist and works at a health plan in central Illinois. She is the co-founder of MeRiah Transportation and hopes to start many other ventures in the future. She enjoys all things business, audiobooks, and has a love for entrepreneurship. Mariah is an out-of-the-box thinker finding ways to make money and make a difference. Links Mentioned in Today's Episode Mariah Pierce on LinkedIn YFP REI Episode 30: Short-Term Rental House Hacking Your Financial Pharmacist YFP Real Estate Investing Facebook Group  

After 4 years of trying and failing at multiple different strategies to break into real estate investing, Matt Porcaro learned about a little known government backed renovation loan that allowed him to purchase and renovate a duplex property for only a small amount of cash out of pocket.Using this strategy, he managed to turn a small $9,500 down payment into $130k in liquid equity and $2k a month passive cash flow... in just 8 months! After being asked constantly by friends and family on how he did it, Matt created a community dedicated to leveraging this loan, and introduced the strategy called “The 203k WayTM”.Since creating the community...he's helped 100's of aspiring investors get their first or next cash flowing, high equity investment property - with only a 3.5% down payment by leveraging this unique loan product.But it doesn't stop there! Not only does the first 203k deal help his students achieve immediate equity and cash flow returns, but it acts as a catalyst to open the door to even more deals, and launch their real estate investing careers - just like it did for Matt. Sign up for Minute:Pages using code

In a departure from our usual discussions on getting your first wholesale real estate deal and becoming an investor without a penny, this insightful episode with Matt Porcaro, the founder of 'The 203k Way', takes a deep dive into using your 9-5 income to fuel your first real estate investment. Matt illustrates the power of the FHA 203K loan, revealing how he transformed his regular income into a stepping stone towards long-term property investments. This episode explains how you can buy a fixer-upper and finance the repair costs as well with an extremely low down payment for those without a lot of cash. David's Social: @dleckohttps://www.dealmachine.com/podRyan's Social: @heritage_home_investmentshttps://www.heritagehomeinvestments.com/Matt's Social: @the203kwayhttps://the203kway.com/

After 4 years of trying and failing at multiple different strategies to break into real estate investing, Matt Porcaro learned about a little known government backed renovation loan that allowed him to purchase and renovate a duplex property for only a small amount of cash out of pocket. Using this strategy, he managed to turn a small $9,500 down payment into $130k in liquid equity and $2k a month passive cash flow... in just 8 months! After being asked constantly by friends and family on how he did it, Matt created a community dedicated to leveraging this loan, and introduced the strategy called “The 203k Way”. Since creating the community...he's helped 100's of aspiring investors get their first or next cash flowing, high equity investment property - with only a 3.5% down payment by leveraging this unique loan product. But it doesn't stop there! Not only does the first 203k deal help his students achieve immediate equity and cash flow returns, but it acts as a catalyst to open the door to even more deals, and launch their real estate investing careers - just like it did for Matt. To follow and learn more about Matt Porcaro visit https://www.instagram.com/the203kway/Learn more about the systems I use to virtually wholesale nationwide using the links below!Speed to Lead PPC Marketplace: https://app.ispeedtolead.com/TITANIUMLeadZolo YouTube Leads: https://www.leadzolo.com/titaniumBatchLeads 1,000 Seller Leads: https://batchleads.io/titaniumBatchDialer 7 Day Free Trial: https://batchdialer.com/titaniumNationwide MLS Comps: http://bit.ly/3K3MFUGThe Most Powerful Dispo Tool: https://get.investorlift.com/titanium/Real Estate Investor Websites: https://www.minutepages.com?_by=titaniumPropstream Free Trial: http://trial.propstreampro.com/titanium/Learn Novations: https://inc604.infusionsoft.coSupport the show

In this episode, I'll share with you how you can leverage your military service to invest in real estate using VA 203K loans. Learn the tactics to fund your rehab, build equity quickly, and flip the property to get the funding for your deal. Don't miss this opportunity to use your military service to jumpstart your real estate investment journey! Plus, I'll introduce you to a valuable tool - traccap.com - where you can register for a funding meeting to get your loan set up and be ready for your next deal.Article: VA Rehab And Renovation Loans | BankrateShow Notes Want to get Started becoming a Real Estate Investor? Are you a real estate professional ready to transition into becoming a full time real estate investor? If so click this calendly link to schedule your coaching assessment call with Donny today. Find and Analyze Deals Like a professional. Get access to the software I use daily to find and figure out my number on the Deals. Click here to analyze deals with Privy.http://bit.ly/fdcprivy Join the conversation today. Facebook Group - Foreclosure Deals Coach http://fdcoachgroup.comFacebook Page - Foreclosure Deals Coach http://facebook.com/foreclosuredealscoach Want to learn more from Donny Coram? Download the FREE ebook "The Hidden Foreclosure Deals Market" I want my free ebook NOW! http://bit.ly/fdcbook

Escrow in real estate refers to a neutral third party holding onto funds or property documents during a real estate transaction. The purpose of escrow is to ensure that the agreed-upon terms of the sale are met before the transfer of ownership takes place. The escrow agent acts as a mediator and only releases the funds or documents once all conditions of the sale are satisfied, such as the buyer obtaining financing or the seller providing clear title. Escrow provides security and peace of mind for both the buyer and the seller during the buying process.

If you could go back to your early 20s and do it all over again what would you do? This question is what inspired Matt Porcaro and ultimately made him the founder of the 203k Way. Hitting right out of the gate, Matt is sharing his first home purchase using a 203k loan. Take a deep dive into what a 203k loan is, how it benefits investors, and how Matt used it to build his real estate portfolio. Learn all about how contractors play into a 203k loan and how this loan can be used specifically for STR investments. We're even going into how a seller might see an offer that is a 203k or homestyle loan. Matt is giving practical advice on scheduling your time and prioritizing exercise, and encouraging those suffering from analysis paralysis. All things in life require a massive action, so listen in to be inspired to get busy. Blue Gems Management- https://bluegemsmgmt.coSTR Meet Up- https://bluegemsgroup.comConnect with MattInstagram- @the203kwayYoutube- The 203k Way [00:00] Episode teaser [00:36] Show intro [01:09] Welcome to Matt[01:24] Matt's background and his area of expertise [11:14] The nuances of using a 203k loan [17:27] How to utilize a 203k loan for STR investors [22:33] Blue Gems Management [23:00] How is a seller looking at a homestyle loan offer? [26:35] Ways Matt is investing his money outside of the 203k loan [32:02] Advice for a real estate newbie [34:26] A day in the life of Matt[37:21] The last blue gem[39:17] Where to find Matt[40:07] Wrapping it up

IN THIS EPISODE, YOU'LL LEARN:07:42 - What a 203k loan is.17:40 - How 203k loans differ from other financing options.25:05 - What types of rehabs can be done with a 203k loan?34:33 - What to look for in contractors.40:57 - How to invest using a 203k loan.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESRobert's book The Everything Guide to House Hacking.HUD 203k loan description.Complete Guide to 203k loans.NEW TO THE SHOW?Check out our Real Estate 101 Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Keep up with the latest news and strategies on real estate investing with the best real estate podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Invest in high quality, cash flowing real estate without all of the hassle with Passive Investing.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Save time and money on your rental property insurance with Steadily. Get a commitment-free quote today.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Get personalized, expert advice that helps you see things clearly with ATB.Find an advisor who's invested in you with iA Financial Services Inc.Don't limit your dreams to the imagination. Make them happen. Explore Iowa for yourself today.Design your perfect suit with Indochino. Get 10% off any purchase of $399 or more by use promo code INVEST.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. Plus, get a free t-shirt and free shaker with your first order.Ship with FedEx and be ready for this holiday season with picture proof of delivery.Support our free podcast by supporting our sponsors. Connect with Robert: Website | Instagram | TwitterConnect with Matt: Website | YouTubeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this clip, the Downing brothers discuss a real-life example of how a 203k home renovation loan works. #203kloan #Mortgage Link to the full episode: https://youtu.be/JqnohwdWARA EYL University: https://www.eyluniversity.com EYL Website: https://www.earnyourleisure.com/See omnystudio.com/listener for privacy information.

Breaking into the world of real estate requires initial capital to begin your investment journey, creating a barrier for many people. But what if there was a way to get around the capital you need to get started? In today's episode, we speak to Matt Porcaro, creator of The 203k Way, a community dedicated to helping you leverage the 203k loan in order to take your first step to becoming a real estate investor. Matt spent years trying to enter the real estate market, and through trial and error, he heard about a government-backed renovation loan that catapulted him into real estate investment success: the 203k loan! In our conversation, Matt unpacks the intricacies of the loan and how it can be leveraged by first-time buyers or investors. We learn how Matt found out about the loan scheme, the various requirements to qualify for the loan, and the various ways it can be leveraged. We also find out how to avoid defaulting on the loan, why a Limited Liability Company is not a good option for first-time buyers, and the power of networking, plus much more. Tune in to hear about The 203k Way and begin your real estate investment journey today!Key Points From This Episode:A brief background on Matt and how he became aware of the 203k loan.The value of networking to become successful in real estate.Matt explains who the 203k loan was designed for.An outline about the 203k loan and what it aims to achieve.Matt's first buy leveraging the 203k loan.Whether there are any restrictions on the 203k loan.Find out if the 203k loan can be used to finance residential development.The different ways the loan can be applied.How long the owner has to occupy a property to qualify for the 203k loan.What not to do in order to avoid defaulting on the loan.Why forming a limited liability company (LLC) is not recommended.Matt shares details from his real estate investment strategy. What attributes or traits make for an ideal investor or first-time buyer.How being a 203k investor has impacted Matt's life outside of real estate.Links Mentioned in Today's Episode:Matthew Porcaro on InstagramMatthew Porcaro on YouTubeMatthew Porcaro on TwitterMatthew Porcaro on FacebookThe 203k WayReal Estate Investment Association Rich Dad Poor DadVertical Street VenturesPassive Income Through Multifamily Real Estate Facebook GroupPeter Pomeroy on LinkedInPeter Pomeroy Email

Good morning, Gus! From Ramsey park near Stinson's Coffee, it's a very house focused episode of ANMA. Learn about The Cheapest House in Austin, a 203K mortgage, Renovations and city permits, Littlefield building vs Norwood building, the urban sprawl of Austin, Stop The Crusher, TV gatekeeping content, Gus vs storage units, and more on this week's episode. Tell a friend about ANMA. Have them take a guess at the name. No one has guessed it yet. Sponsored by Uncommon Goods at http://uncommongoods.com/ANMA and Mint Mobile at http://mintmobile.com/ANMA 

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Today's Guest: Stephanie Cabral For this episode, I am excited to welcome Stephanie Cabral, who is a buy-and-hold real estate investor and former attorney from Connecticut. Stephanie has built a portfolio of over $2.25m and began investing while working at a law firm as the sole member of the probate department and also working at one of the top commercial real estate firms in the world. Stephanie now owns and operates 15 units plus multiple active flips and is responsible for all aspects of the business including marketing, acquisition, construction management, operations, and property management. She specializes in the BRRRR strategy and was able to scale her business using a detailed network of systems, standard operating procedures, automation, and virtual assistants. Highlights From The Show: Stephanie shares her background with us, pointing out that she is a lawyer by trade. While she loved and thrived in law school, once she got out, she found that she didn't love practicing as a lawyer. As much as she appreciated her clients, she did not like how adversarial the work was and didn't like being in an office all day. She ended up buying a duplex in order to use the rental income to qualify for a personal home loan and she fell in love with the idea of house-hacking. She worked as an agent, too, while she was working as a lawyer and continues to since retiring from her firm in December 2019. Stephanie got a 203K loan for her first property so we explored that topic a bit. Because the brokers are looking at the ARV, you can get a larger value loan to cover both the purchase price and the rehab estimate. The contractor gets paid directly from the lender in this type of loan. Also, the 203K loan does not require you to have experience in investing and rehabilitation work, which can be a huge obstacle for newer investors with traditional hard money lenders. You also get a consultant that helps you manage the project and ensure the quality of the contractors' work. I asked Stephanie to describe the team of people she is working with to us. She said she is very involved herself, but her right hand is a virtual assistant in the Philippines who handles all of the administrative tasks, including social media and many of the property management tasks, including interfacing with the tenants. Stephanie also has a leasing assistant who directly connects with potential tenants and shows them around and screens them for rentability. She also has a bookkeeper who she hired through Upwork that has been working with her for years, but Stephanie did talk about the need to go through the trial and error process to find some people that are really good. Stephanie talked about the need to have great systems and processes in place, including training videos and templates, in order to simplify the training procedure. I asked Stephanie why she self-manages her properties versus hiring a property management company. She said that it is financially beneficial for her to self-manage, mostly because she has very little turnover in tenants. She attributes this to the constant communication she has with her tenants, which is largely automated but maintains a great connection. I asked how she handles any required repairs, and since she is having a VA handle the maintenance requests, how she is sure she is not getting over-charged. Stephanie explained that because she also does house flipping, she has a pool of contractors, and in particular, a go-to handyman who is always the first maintenance call. We talked about mid-term rentals, the effects of COVID on Stephanie's business, the BRRRR strategy, private money versus hard money lenders, the technology Stephanie uses to run her business, Facebook ads, and so much more! Don't miss this honest, fun, and hard-core real estate episode with lawyer-turned-investor, Stephanie Cabral! Notable Quotes: “Being in an office environment was not the life I wanted to live.” Stephanie Cabral “What was one of the greatest frustrations at the time ended up being the greatest gift.” Stephanie Cabral “I didn't even know that I was investing - I thought I was living cheaply and being resourceful.” Stephanie Cabral “Being resourceful is certainly one of my superpowers.” Stephanie Cabral “The power of real estate as an investment really opened up for me.” Stephanie Cabral “So the way you eat an elephant is one bite at a time.” Desmond Tutu, quoted by Stephanie Cabral “It requires some administrative stamina to get through the paperwork for a 203K loan.” Stephanie Cabral “I do make it a priority to automate and delegate as much as humanly possible.” Stephanie Cabral “Find somebody with a natural skill set that you are looking for and then you train the rest.” Stephanie Cabral “As far as delegating work, start with the task that is most repetitive that is causing the most brain damage.” Stephanie Cabral “Put yourself out there so people know what you are doing and that you are involved.” Stephanie Cabral “I have been raising private money since 2008 and I think ‘talk about what you are doing' is the number one advice.” Mike Simmons “If you ask for money, you are going to get advice. If you ask for advice, you will get money.” Mike Simmons “I'm tech heavy, but not tech savvy.” Stephanie Cabral “The concept of ‘Just Start' is so important. You don't have to be super knowledgeable, but you have to be action-oriented.” Stephanie Cabral Thank You for Listening! Connect with Mike on Twitter, Instagram, YouTube, Linkedin, Facebook Help Out the Show: Leave an honest review on iTunes. Your ratings and reviews really help and I read each one. Subscribe on iTunes. Resources and Links From Today's Show: Upwork CoreAssist Podio PayYourRent Google Drive SoapBox Docusign Fiverr Stephanie's Website More Resources From Mike: Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months WINNING DIRECT MAIL - How to CRUSH IT with direct mail! 7 Figure Investor Video Course - Scale your business to 7 figures. I'll show you how!

Casey Keirnan started from the bottom of standard NBA media before becoming a big success on Youtube. Today his channel has 203K subscribers and it's growing. What secrets does this man hold? On the pod, we discuss:How Casey turned his life around after nearly dying from a drug overdose in 2005Why people get addictedIs it okay that Youtubers rip off reporters? Why he works as a Youtube creatorThe allure of mystery in a videoWhat the formula for content success isWhy athletes aren't best at telling their own stories This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit houseofstrauss.substack.com/subscribe

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Host: Brandon Elliott @BrandonElliottInvestments | Guest Today:  The 203k Way™ - Matt Porcaro   FREE LIVE CLASS Get 6 Figures Funding In 30 Days:  https://www.creditcounselelite.com/   YOUR TRUE CREDIT REPORT: https://www.myscoreiq.com/get-fico-max.aspx?offercode=432121Z8   About Brandon Elliott: From house arrest to real estate investor and seen on Top 100 Yahoo Finance in 2020, Brandon Elliott is a leading authority on real estate and credit. He is experienced and proven in utilizing credit to invest in real estate and implement the "BRRRR Strategy." Brandon has a thriving credit repair and tradelines company but prefers teaching people the credit hacks he's been applying for years such as building huge credit lines for both personal/business up to 7 figures and manufactured spending techniques- showing ways to create millions of points equivalent to cash, free travels, and even buying properties using credit cards. From the credit knowledge that is taught in his Elite Credit Course, Brandon was able to liquidate $200K+ for a safety-net when purchasing a 4-PLEX in one of the most desirable locations in San Diego, just 8 minutes walking distance from the famous San Diego Zoo. His passion in helping others reach their financial freedom too, led Brandon to host "Ready. Set. Go. Real Estate Investing" podcast every Monday sharing how you can invest in real estate successfully with little to no money utilizing credit. Brandon has completed numerous Fix & Flips locally in San Diego as well as across the country out of state virtually with his worst project still being 60% cash-on-cash ROI. ----------------------------

Real Estate Expert & Best-Selling Author, Gerald Lucas identifies several risks of 203k mortgage loans to home buyers

Our guest for the show today is Adam Black, Senior Mortgage Loan Specialist with First Commercial Bank. We'll talk about getting a home loan in today's climate. Are you considering buying a home or refinancing?https://www.firstcommercialbk.com/S&P Case-Shiller home price indexrecent history of mortgageslength of timetypescredit scoredown paymentshopping for a mortgage7/14/2020 Money Talks: First Mortgage http://moneytalks.mpbonline.org/episodes/money-talks-first-mortgage6/11/2019 Money Talks: Refinancing Mortgages http://moneytalks.mpbonline.org/episodes/money-talks-refinancing-mortgages6/19/2018 Money Talks: Mortgage Loanshttp://moneytalks.mpbonline.org/episodes/5cd31f1533f6c1be55607d7e3/15/2022 Money Talks: Increase Your Credit Score http://moneytalks.mpbonline.org/episodes/money-talks-increase-your-credit-score10/2/2018 Money Talks: Credit Score http://moneytalks.mpbonline.org/episodes/5cd31f1533f6c1be55607d6fQuestions:HELOCHUD home: FHA $100 down program, 203K renovation loanTitle insuranceHomeowner's insuranceSchool debt / equity loan See acast.com/privacy for privacy and opt-out information.

What is a HUD 203k loan, when does it make sense for investors to leverage this loan, and where do 203k loans fall apart? Connect with Mark and Tom: StraightUpChicagoInvestor.com Email the Show: StraightUpChicagoInvestor@gmail.com Guest: Perry Farella of Prime Lending Link: ttps://perryfarella.com/blog/ ----------------- Production House: Flint Stone Media Copyright of Straight Up Chicago Investor 2022.

Sachin Patel and Dr. David Bennett discuss the whys and hows of short-form video, including where to view it, how to plan your content, what equipment you need and accessories you may want, how to edit the video, and where to upload it. Dr. Bennett's first TikTok video went viral. Now he has millions of viewers, which translates into organic growth in his practice. He gives practical advice for getting started, and he offers a course for practitioners who want to create short-form videos effectively. Sign up for the course from the link below and he will include a 30-minute consult with you to start you on solid footing.   Key Takeaways: [1:02] Sachin welcomes listeners to today's episode with his friend, Dr. David Bennett. Sachin and Dr. Bennett graduated in the same class in chiropractic school. Dr. Bennett is a part of the Perfect Practice mentorship and a Council member who advises other practitioners.   [1:30] Recently, Dr. Bennett embarked on a journey to learn and master short-form video. He started with TikTok videos and has had millions of views, generating additional income for him. Do you have to dance or sing for your short-form video to take off? Dancing and singing are optional!   [2:32] Don't put detailed explanations into a short-form video. People have short attention spans. Hook people in the first few seconds so they will watch to the end of your short-form video. Dr. Bennett was inspired to try TikTok after listening to a webinar on reach. His first video went viral, with five million views! He realized the short-form video was a “must” to get such a reach.   [6:56] After putting up short-form videos for six to nine months, Dr. Bennett started seeing an impact on his bottom line. You are turning an audience of people who have no idea who you are into a following of people who know, like, and trust you through your videos. The platform tells your followers when you add a new video.   [8:54] Dr. Bennett keeps a notebook to write down blurbs for video. One blurb makes one short-form video. Grab your phone, film it, and you're ready to go.   [12:13] Don't worry about the numbers; they'll come. You sort of start chasing the numbers, the likes, the follows, versus “Hey, I want to get this information out there to somebody who wants to hear it.” Pay attention to the comments when they start coming in and reply to them. On some platforms, you can film your reply to the commenter.   [13:49] Dr. Bennett shares his short-form video work process and the video editing software he uses. He pushes the video from his phone to each platform instead of sharing it from TikTok, so he doesn't get a TikTok watermark on his Facebook video. The platforms are making it easier for you to get your message out.   [15:13] Dr. Bennett's first video was done “as a whim.” showing a model of five pounds of fat. It got 200K comments. Dr. Bennett has just crossed 200K followers on TikTok. Some followers have signed up for his programs.   [16:23] Dr. Bennett shares view statistics from January 1 to March 1. His videos on TikTok received 4.6 million views. His profile views for the 60 days were 203K. His bio is a LinkTree link. Those click-throughs increased Dr. Bennett's Lead Magnet signups by over 1,500% from the prior 60 days.   [18:28] Dr. Bennett just experienced a drastic drop in views. TikTok had basically closed off his audience. But those who had clicked through and signed up for Lead Magnet were on his mailing list. The key to organic growth is taking viewers from the platform and moving them to your list.   [20:39] Dr. Bennett used to run an ad on social media to get clicks to Lead Magnet. He has dropped the ads because he gets better success organically from TikTok.   [21:42] Sachin advises you to get a good book on a topic in which they are experts, go chapter by chapter, and pick up factoids that blow your mind to share, with due credit, in the short-form video.   [22:50] Short-form video is no more technical than using your phone to take a video of your kids. It doesn't have to be perfect, with perfect lighting. You can be careful about reflection off your glasses, but Dr. Bennett doesn't worry about that anymore. The content is the key. One video can lead to many more related videos due to audience response.   [25:17] Dr. Bennett doesn't write copy to put on the platform for his short-form videos. He would rather viewers click on his LinkTree than click to get a description of the video. He does include the right hashtags for the algorithm to categorize the video and push it to the right audience. For some of his videos, he writes a script with keywords, just for his use.   [27:38] Dr. Bennett developed a five-module course of video training. He shares a tip from it: go get a username on every social platform, even if you don't use it. You want to have the same username across as many platforms as possible. Each of the five modules of his video training should take you less than an hour to do. Each video is under 10 minutes.   [32:45] Should you keep a personal TikTok account separate from your business account? Dr. Bennett shares his suggestion. He also points out that business accounts have more analytics.   [34:48] As a listener of Perfect Practice, when you sign up for the five video training modules at Growmypractice.krtra.com/t/bvutQZmxL1dT, Dr. Bennett offers you a one-on-one 30-minute consult at no extra cost. (Don't click the option for the one-on-one consult; Dr. Bennett will know you're a listener from the link in this text).   [35:41] Sachin wants to know what you should do if you have multiple contributors to a business channel? It varies. Limit who can post on your business page. Sachin is excited to take the video training modules and open his TikTok account! He encourages all of you practitioners to do the same!   [38:21] Dr. Bennett advises you to start going on the social platforms and look at the options, Reels on Facebook and Instagram, TikTok, and YouTube Shorts.   Mentioned in this episode Perfect Practice Live David Bennett, CFMP Metabolic Body Reset TikTok Facebook Instagram YouTube LinkedIn CapCut LinkTree Izabella Wentz's book on Thyroid Disease Dr. Datis Kharrazian's book on Thyroid Disease MeWe MySpace Pinterest   More about today's guest Dr. David Bennett Learn how Dr. David Bennett is successfully using short-form video to successfully share his message. Dave has had over 4.5 million video views and literally thousands of personal messages flooding his inbox. He has also put together a special training to share with you exactly how you can do it as well. Register at this link and get a 30-minute coaching session with Dave to jumpstart your success:Growmypractice.krtra.com/t/bvutQZmxL1dT   On LinkedIn: David Bennett, CFMP On TikTok: David Bennett Metabolic Body Reset On Facebook: David Bennett Metabolic Body Reset On Instagram: David Bennett Metabolic Body Reset On YouTube Shorts: David Bennett Metabolic Body Reset On LinkTree: David Bennett Metabolic Body Reset   More about your host Sachin Patel How to speak with Sachin Go one step further and Become The Living Proof Perfect Practice Live sachin@becomeproof.com To set up a practice clarity call and opportunity audit   Books by Sachin Patel: Perfect Practice: How to Build a Successful Functional Medical Business, Attract Your Ideal Patients, Serve Your Community and Get Paid What You're Worth The Motivation Molecule: The Biological Secrets To Eliminate Procrastination, Skyrocket Productivity, and Get Sh!t Done

Buying a home for the first time is confusing and daunting enough, and then everyone starts using real estate jargon and expects you to keep up. This is the first episode covering real estate terms, language, and definitions from A-Z...and we got all the way to, well, just A in this episode. And what are we going to focus on in this episode? Before actually going to letter A, we will be providing more information on number-related terms like 203B, 203K loans, and more! So join us as we provide different information on words starting with A and several related words that you should be aware of, especially when buying your first home!This podcast was started for YOU, to demystify things for first time home buyers, and help crush the confusion. After helping first timers for over 13 years, I knew there wasn't t a lot of clear, tangible, useable information out there on the internet, so I started this podcast. Help me spread the word to other people just like you, dying for answers. Tell your friends, family, and perhaps that random neighbor you REALLY want to move out about How to Buy a Home! A really easy way is to hit the share button and text it to your friends. Go for it, help someone out. And if you're not already a regular listener, subscribe and get constant updates on the market. If you are a regular and learned something, help me help others – give the show a quick review in Apple Podcasts or wherever you get your podcasts, or write a review on Spotify. Let's change the way the real estate industry treats you first time buyers, one buyer at a time, starting with you – and make sure your favorite people don't get screwed by going into this HUGE step blind and confused. Viva la Unicorn Revolution! Instagram @DavidSidoniTik Tok @howtobuyahome

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Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Facebook Live Question and Answer sessions. I just started doing these live forums in April and they are going so well and I am getting such great feedback and questions, I thought I would share them here on the podcast. Especially for those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more! Some of the questions have been very real estate specific, but others have been general business questions, like asking about overcoming fear in order to get started and how to successfully scale. I have also received more personal questions like how I decided real estate investing was right for me and the steps I took to get my business off the ground. This presentation is the live Q&A that I did the week of October 13th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests' fabulous and compelling questions! Don't miss this new episode of the Just Start Real Estate Podcast! Notable Quotes: “I think a good working relationship starts with clear expectations.” “You don't know what you don't know and sometimes you don't know what questions to ask.” “Sales tactics without compassion will always fail.” “How much is your brain focused on how much you want that sale versus truly thinking, ‘I want to help this person'?” “Make sure the sellers are motivated before you spend tons of time trying to buy their house.” “You cannot manage a millennial the same way you manage a Gen X person.” “Millennials view their job and their workday differently than people that are older than them.” “Millennials believe they are entitled to a workplace that makes them feel fulfilled, and that isn't necessarily a bad thing.” “It is possible if you have workers that are not getting the job done, it is possible they don't have the values that you want in the company.” Links: Real Estate Find & Fund Blueprint Flip Hacking Live 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months

A house is a dwelling and roof over your head, but it can also be a powerful financial tool, a cash flowing asset, and a massive income driver. Our guest today saw the potential of real estate investing when he bought his first home, and immediately pulled the trigger on building his own portfolio.    Many agents find the first deal very intimidating, but taking that leap might help you discover your passion for investing.    How can agents set themselves up for success when they take on investing?    In this episode, real estate agent, investor and property manager, Kyle Craig shares his investing journey, and why buying his own home made him want to pursue a career in real estate.   "You have to put in the hours and the more you understand the process, and the more knowledgeable you are, the easier it is to balance investing with sales."  -Kyle Craig     Three Things You'll Learn In This Episode   The formula for headache-free property management Managing property and dealing with tenants makes a lot of people nervous about investing. Can you avoid the headaches of being a landlord?    Why we have to approach 203K loans with caution How can we take advantage of 203K rehab loans while avoiding expensive pitfalls of this strategy?   How to find opportunities in commercial real estate Commercial real estate has a lot of potential. How can investors tap into the unlimited hybrid creativity of this asset class?   Guest Bio:   Kyle Craig is a Real Estate Agent, Investor and Property Manager. Having started with Clockhouse Realty just over a year ago Kyle has really hit the ground running and has quickly found great success with residential and commercial sales. He is currently licensed as a real estate agent in both MA and RI. On the investing side, Kyle is closing on a couple of personal investment properties and planning to continue expanding his portfolio. He is also working toward eventually having his own brokerage.  Connect with Kyle on LinkedIn 

This week we have a.k.a. Mr. 203K  Aaron The House Person from the “203K Done Your Way Program.”1We talk everything 203K loan‘s2.How is a 203k different from a conventional or fhA loan?3.Are the rates higher?4.What are The major requirements for qualifying? 5.Give some examples when a 203k loan should be consider.6.Are repairs made with 203k loans  always supervised or does it depend on the loan amount. 7. His own Voka “Seven16” in stores now.Sponsors: 301 nutrition spot 

This week, Matt Porcaro (@the203kway) sits down to talk with the Juice Boys about his foiree into real estate. Aside from discussing his personal portfolio, goals, and legacy aspirations, Matt shares a wealth of knowledge and advice, including what he believes to be the best way to get started in real estate - a live-in flip house hack. Sound intriguing? Have a listen.After listening to this episode, you can get more of Matt's content at the links below:The 203k Way Free Training Course - https://www.the203kway.com/freetraining-1@the203kway on Instagram - https://www.instagram.com/the203kway/-We're now using RentRedi to help manage our investment properties. RentRedi is an all-in-one property management software that assists with rent collection, maintenance, tenant screening, communication and more. Click HERE to learn more about RentRedi, and be sure to use promo code JUICEPOD to get 50% off. -

For this episode, I am excited to welcome Stephanie Cabral, who is a buy-and-hold real estate investor and former attorney from Connecticut. Stephanie has built a portfolio over $2.25m and began investing while working at a law firm as the sole member of the probate department and also working as one of the top commercial real estate firms in the world. Stephanie now owns and operates 15 units plus multiple active flips and is responsible for all aspects of the business including marketing, acquisition, construction management, operations, and property management. She specializes in the BRRRR strategy and was able to scale her business using a detailed network of systems, standard operating procedures, automation, and virtual assistants. Stephanie shares her background with us, pointing out that she is a lawyer by trade. While she loved and thrived in law school, once she got out, she found that she didn't love practicing as a lawyer. As much as she appreciated her clients, she did not like how adversarial the work was and didn't like being in an office all day. She ended up buying a duplex in order to use the rental income to qualify for a personal home loan and she fell in love with the idea of house-hacking. She worked as an agent, too, while she was working as a lawyer and continues to since retiring from her firm in December 2019. Stephanie got a 203K loan for her first property so we explored that topic for a bit. Because the brokers are looking at the ARV, you can get a larger value loan to cover both the purchase price and the rehab estimate. In this type of loan, the contractor gets paid directly from the lender. Also, the 203K loan does not require you to have experience in investing and rehabilitation work, which can be a huge obstacle for newer investors with traditional hard money lenders. You also get a consultant that helps you manage the project and ensure the quality of the contractors' work. I asked Stephanie to describe the team of people she is working with to us. She said she is very involved herself, but her right hand is a virtual assistant in the Philippines who handles all of the administrative tasks, including social media and a lot of the property management tasks, including interfacing with the tenants. Stephanie also has a leasing assistant who directly connects with potential tenants and shows them around and screens them for rentability. She also has a bookkeeper who she hired through Upwork that has been working with her for years, but Stephanie did talk about the need to go through the trial and error process to find some people that are really good. Stephanie talked about the need to have great systems and processes in place, including training videos and templates, in order to simplify the training procedure. I asked Stephanie why she self-manages her properties versus hiring a property management company. She said that it is financially beneficial for her to self-manage, mostly because she has very little turnover in tenants. She attributes this to the constant communication she has with her tenants, which is largely automated, but maintains a great connection. I asked how she handles any required repairs, and since she is having a VA handle the maintenance requests, how she is sure she is not getting over-charged. Stephanie explained that because she also does house flipping, she has a pool of contractors, and in particular, a go-to handyman who is always the first maintenance call. We talked about mid-term rentals, the effects of COVID on Stephanie's business, the BRRRR strategy, private money versus hard money lenders, the technology Stephanie uses to run her business, Facebook ads, and so much more! Don't miss this honest, fun, and hard-core real estate episode with lawyer-turned-investor, Stephanie Cabral! Notable Quotes: “Being in an office environment was not the life I wanted to live.” Stephanie Cabral “What was one of the greatest frustrations at the time ended up being the greatest gift.” Stephanie Cabral “I didn't even know that I was investing - I thought I was living cheaply and being resourceful.” Stephanie Cabral “Being resourceful is certainly one of my superpowers.” Stephanie Cabral “The power of real estate as an investment really opened up for me.” Stephanie Cabral “So the way you eat an elephant is one bite at a time.” Desmond Tutu, quoted by Stephanie Cabral “It requires some administrative stamina to get through the paperwork for a 203K loan.” Stephanie Cabral “I do make it a priority to automate and delegate as much as humanly possible.” Stephanie Cabral “Find somebody with a natural skill set that you are looking for and then you train the rest.” Stephanie Cabral “As far as delegating work, start with the task that is most repetitive that is causing the most brain damage.” Stephanie Cabral “Put yourself out there so people know what you are doing and that you are involved.” Stephanie Cabral “I have been raising private money since 2008 and I think ‘talk about what you are doing' is the number one advice.” Mike Simmons “If you ask for money, you are going to get advice. If you ask for advice, you will get money.” Mike Simmons “I'm tech heavy, but not tech savvy.” Stephanie Cabral “The concept of ‘Just Start' is so important. You don't have to be super knowledgeable, but you have to be action-oriented.” Stephanie Cabral Links: Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months Upwork CoreAssist Podio PayYourRent Google Drive SoapBox Docusign Fiverr Stephanie's Website 7 Figure Flipping Return on Investments Just Start Real Estate JSRE on Facebook Mike on Facebook Mike on Instagram Mike on LinkedIn Mike on Twitter