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In this episode of the HVAC School podcast, Bryan sits down with Ray Wohlfarth, a seasoned HVAC contractor and prolific author who has dedicated over 30 years to mastering the art and science of boiler systems. What began as a competitive disadvantage—competitors claiming he knew nothing about boilers—became Ray's driving passion. Through daily reading, countless mistakes, and an unwavering commitment to learning, Ray transformed himself into one of the industry's most respected voices on hydronics and steam systems. Ray shares the personal story of how legendary author Dan Holohan literally "saved his marriage" with his book on one-pipe steam systems. When Ray and his wife moved into their first house with steam heat, mysterious banging sounds threatened domestic harmony until Dan's book provided the answers Ray desperately needed. This experience inspired Ray to pay it forward, eventually authoring 14 technical books himself—all written with the vision of a technician stuck in a boiler room at 9 PM on a Friday night, frantically searching for solutions. The conversation dives deep into practical wisdom earned through experience. Ray emphasizes the critical importance of safety in boiler rooms, recounting a harrowing story of a hospital engineer who bypassed safety controls and manually lit a boiler with a flaming broom—resulting in dangerous explosions. He stresses that technicians should always identify escape routes before beginning work, as a lifting relief valve can quickly fill a room with steam, displacing oxygen and eliminating visibility. Beyond safety, Ray shares diagnostic techniques like listening for dripping, hissing, or the "Rice Krispies" sound that indicates scaling, and visually inspecting for soot streaks that reveal combustion problems and potential carbon monoxide issues. Throughout the episode, Ray's philosophy shines through: humility, continuous learning, and the joy of solving complex problems. Whether discussing the holistic nature of steam system troubleshooting, the importance of water quality treatment, or the surprising efficiency of properly designed steam systems (like the LEED Gold-certified Empire State Building), Ray's expertise and passion are evident. His advice for aspiring boiler techs is simple but profound: read 15 minutes daily about your industry, engage with online communities like HeatingHelp.com, and never stop learning from every service call. Topics Covered Ray's Journey: Transitioning from Carrier air conditioning to boiler expertise over 30+ years The Writing Process: Creating 14 technical books designed specifically for technicians in the field Dan Holohan's Influence: How Dan's books and mentorship shaped Ray's career and literally saved his marriage Boiler Room Safety: Critical importance of identifying escape routes and recognizing dangerous practices Diagnostic Techniques: Using your senses—listening for dripping, hissing, and scaling sounds; looking for soot, leaks, and discoloration Near-Boiler Piping: Why 90% of steam boiler installations have incorrect piping and the importance of proper insulation Steam vs. Hydronic Systems: Key differences in troubleshooting approaches and why steam operates more like air conditioning than hydronic One-Pipe vs. Two-Pipe Steam: Fundamentals of steam system design, traps, and venting behavior Condensing Boilers: The reality of "conditional condensing" and why 95% efficiency requires specific return water temperatures Radiant Heat Comfort: Why hydronic radiant heating provides superior comfort compared to forced air Water Quality Issues: The critical importance of water treatment, the mystery of deteriorating fittings, and potential chlorine impacts Learning Resources: The value of HeatingHelp.com, reading 15 minutes daily, and engaging with online communities Ray's Book Series: Overview of his "Lessons Learned" series and specialized books on brewery boilers and wiring diagrams Common Mistakes: Real-world troubleshooting stories including the mystery of the 2-degree delta T and lessons in humility Check out some of Ray's boiler books on Amazon HERE. His latest book, Lessons Learned: Understanding Boiler Wiring Diagrams, is available HERE. Have a question that you want us to answer on the podcast? Submit your questions at https://www.speakpipe.com/hvacschool. Purchase your tickets or learn more about the 7th Annual HVACR Training Symposium at https://hvacrschool.com/symposium. Subscribe to our podcast on your iPhone or Android. Subscribe to our YouTube channel. Check out our handy calculators here or on the HVAC School Mobile App for Apple and Android.
In this episode of the HVAC Know It All Podcast, host Gary McCreadie speaks with Joshua Canfield, owner of Blue Box HVACR. Together, they explore how training for new HVAC technicians has changed over the years. Josh shares his own journey from being thrown into the trade with no experience to running jobs alone within weeks. They talk about the need for a balanced training approach that combines hands-on work, guidance, and time under pressure. Josh also highlights how small wins and emotional intelligence can build confidence in young techs. Their conversation gives practical ideas for teaching the next generation in today's industry. In this episode, Joshua Canfield talks about the challenges of training new HVAC technicians in today's industry. He explains how systems have become more complex with added electronics, while many techs lack hands-on experience and confidence. Josh shares stories from his own start in the trade, where he learned by doing jobs on his own with little help. He and Gary discuss a better way to train techs by mixing pressure-filled situations with support and guidance. Josh also stresses the need to build emotional strength and give new techs chances to succeed so they can grow into confident professionals. Expect to Learn: Why hands-on experience is key to building real technician skills. How throwing techs into the field too soon can hurt their growth. A hybrid training method that balances pressure with support. Why emotional intelligence and small wins build confidence in new techs. How strong mentorship helps techs learn faster and stay in the trade. Episode Highlights: [00:00] - Intro to Joshua Canfield in Part 1 [02:10] - The Changing Landscape: Increased Complexity & Lost Confidence [05:09] - The Core Problem: Lack of Applied Knowledge & Tool Proficiency [06:54] - The "Thrown in the Truck" Method: Pros, Cons, and a Better Hybrid Approach [10:19] - Creating "Aha" Moments: The Power of Pressure and Satisfaction [14:30] - The Triumph of Perseverance: A Story of a First Solo Fix [18:47] - The Key to Success: Persistence Over Pure Intelligence [20:55] - The Modern Apprentice: Navigating a Different Upbringing [22:18] - A New Vision for Training: Blending Technical, Applied, and Emotional Skills [23:54] - Creating "Small Wins" and a Customer-Focused Mindset This Episode is Kindly Sponsored by: Master: https://www.master.ca/ Cintas: https://www.cintas.com/ Cool Air Products: https://www.coolairproducts.net/ property.com: https://mccreadie.property.com SupplyHouse: https://www.supplyhouse.com/tm Use promo code HKIA5 to get 5% off your first order at Supplyhouse! Follow the Guest Joshua Canfield on: LinkedIn: https://www.linkedin.com/in/joshua-canfield-32152a163/ Blue Box HVACR: https://www.linkedin.com/company/blue-box-hvacr/ Website: Blue Box HVACR: https://blueboxhvacr.com/ Follow the Host: LinkedIn: https://www.linkedin.com/in/gary-mccreadie-38217a77/ Website: https://www.hvacknowitall.com Facebook: https://www.facebook.com/people/HVAC-Know-It-All-2/61569643061429/ Instagram: https://www.instagram.com/hvacknowitall1/
In this episode, John Wilson sits down with Brandon Schlicter—better known as Investment Joy—to unpack how a viral laundromat video turned into a portfolio of laundromats, car washes, rentals, and now a fast-scaling commercial roofing company. Brandon shares the mindset shift from small plays to bigger bets, why he assumes success (and plans for failure), and how social media distribution can attract capital, deal flow, and talent.You'll hear the real numbers on union commercial roofing (margins, ticket sizes, pay cycles), how to decide between lots of small jobs vs. fewer big ones, and why “every business either sells or shuts down.” We also dig into storm-driven market entry, travel crews, and what it actually takes to scale estimation capacity and cash flow when receivables hit seven figures.
In this episode of The Modern Facilities Management Podcast, host Griffin Hamilton sits down with Jay Fiske, President of Powerhouse Dynamics, to explore how IoT (Internet of Things) is transforming the food service and retail industries. Jay shares the fascinating journey of Powerhouse Dynamics—from a scrappy four-person startup to an acquisition by Middleby, one of the world's largest commercial food service equipment manufacturers.They dive deep into how simple IoT sensors and data streams—like temperature, energy, and door sensors—can unlock massive operational efficiencies, prevent costly equipment failures, and optimize energy use. Jay also explains how facilities teams can start small, measure ROI, and scale their use of connected technologies without adding to their workload.Key Takeaways:What IoT really means and how it drives actionable insights.Real-world examples of how connected devices improve efficiency, safety, and sustainability.How AI and automation are redefining facility management and reducing labor burdens.A look ahead at the next 3–5 years of connectivity, automation, and AI in the facilities world.About the Guest:Jay Fiske is President of Powerhouse Dynamics, a Boston-based IoT company whose platforms—Open Kitchen and SiteSage—help multi-site operators manage critical infrastructure like HVAC, refrigeration, and cooking equipment through cloud-connected automation.
Welcome to "The Locker Room" with "Hometeam" Brandon Leak, John Michaels and former Atlanta Falcon Brian Finneran. The guys talk all the top stories from the Braves, Falcons, Hawks, Bulldogs, Tech as well as across the nation. The 8 O'clock hour is brought to you by Central Heating and Air, One of the few second generation locally owned HVAC companies in Atlanta. With Central, you're not just a number, you're a member of the family. Run Pass Option presented by Subaru of Gwinnett Would You Rather! See omnystudio.com/listener for privacy information.
Moneytracker Don Grant tells us about the positives and negatives of using a heat pump.
Host Jim Klauck chats with Eli the 'HVAC Guy' from Fleetwell Air Conditioning & Heating about HVAC maintenance, common problems like hot and cold spots, refrigerant leaks, rodents in ducts, and the benefits of smart thermostats. They explain why regular tune-ups, filter changes, and duct inspections keep systems running efficiently and extend equipment life. The episode also highlights a limited-time Fleetwell offer — a first-time system tune-up, HVAC inspection, free first-year club membership, and duct inspection for just $19.95 — plus practical tips to save on utility bills and avoid emergency repairs. Don't Wait for a Breakdown: $19.95 HVAC Tune-Up Special! Call Now (213) 817-5737 or visit Fleetwell's Website - Click Here
With Ali away, Damien and guest co-host Chris Lamberth get In The Conversation about the Uncism spectrum, the evil empire, and debate Paul Thomas Anderson's greatness. Twitter.com/dlemoncomedy // Twitter.com/mrmuhammad Keep up with the conversation on Facebook: Facebook.com/InTheConversation Keep up with the conversation on Instagram www.instagram.com/intheconversation Catch Damien LIVE on tour in a city near you: www.damienlemon.com/shows
What do antiques and coworking have in common? For Carol DiGiovanni, more than you'd think. Carol never set out to run a coworking space. With a degree in material culture and a long career as an accredited antiques appraiser, she loved researching the stories behind old treasures—not managing HVAC contractors or setting up a member portal. But when the pandemic hit, Carol and her husband—owners of a full city block of office space in downtown Chico, California—knew they'd need to pivot. In this episode, Carol shares her journey from antique expert to community builder, and how she's doubled the size of onFlume Coworking while keeping it intentionally local, friendly, and low-fuss. We talk about: Why her quiet, dog-friendly coworking model works perfectly in her market How she expanded from 5,000 to 10,000 square feet (and filled it fast) Why pre-marketing matters—and what she'd do differently next time How owning the building changes her approach to pricing and expansion What she learned about patience, marketing, and negotiating from the operator's seat If you've ever wondered what it looks like when a building owner takes coworking into their own hands—and falls in love with it—this episode is a must-listen. Resources Mentioned in this Episode: onFlume Coworking's website Everything Coworking Featured Resources: Masterclass: 3 Behind-the-Scenes Secrets to Opening a Coworking Space Coworking Startup School Community Manager University Follow Us on YouTube
Cold mornings, cozy blankets… and a space heater humming in the corner. Sounds safe, right?Not always. Every winter, thousands of home fires start from simple mistakes that could've been avoided.In this episode, Derek breaks down everything you need to know before you plug in that space heater — from the right way to power it, to where (and where NOT) to place it, and the hidden signs your HVAC system might be the real problem.You'll learn:
Welcome to "The Locker Room" with "Hometeam" Brandon Leak, John Michaels and former Atlanta Falcon Brian Finneran. The guys talk all the top stories from the Braves, Falcons, Hawks, Bulldogs, Tech as well as across the nation. The 8 O'clock hour is brought to you by Central Heating and Air, One of the few second generation locally owned HVAC companies in Atlanta. With Central, you're not just a number, you're a member of the family. Movin' The Chains presented by Georgia Pack & Load Herm Edwards, Former NFL Coach & ESPN NFL Analyst Gary Stokan, CEO & President of Peach Bowl See omnystudio.com/listener for privacy information.
Give 'Em The Pickle: https://youtu.be/lwYrB7y_VmY?si=pMAY-5ohR3XMmFE3In this episode of CX Riot Radio, we break down Bob Farrell's legendary customer-service lesson Give 'Em the Pickle! and translate it into the r world of plumbing, HVAC, and home services.We dive into what “the pickle” really means for the trades: doing the small extra things that make customers feel valued, showing up on time, explaining repairs clearly, cleaning up your work, and following up after the job.You'll learn how to turn the “pickle philosophy” into a company-wide culture, how to train and measure it, and why it's the ultimate differentiator in a market flooded with “good enough” service.If you want your team to stop chasing transactions and start building loyalty... this is the episode that shows you how.Here's the LinkTree: https://linktr.ee/caffcx
In this episode of the Second in Command Podcast, guest host Sivana Brewer sits down with Daniel Quinonez, Chief Operating Officer of the Plumbing-Heating-Cooling Contractors Association (PHCC) — one of the oldest trade associations in the United States, founded nearly 140 years ago.Daniel shares how this long-standing organization is transforming to meet the modern era while honoring its heritage. From training apprentices who go on to run multimillion-dollar companies, to integrating AI and new tech tools into the trades, the PHCC is proving that innovation and tradition can coexist.He also opens up about leadership lessons from his own journey, from mopping floors at his father's bar to leading a national $30M organization, and how his personal mantra, “Be nice,” has shaped his management style, his culture, and his success.If you lead a legacy business, manage a growing team, or want to understand how blue-collar industries are embracing technology, this episode offers both inspiration and strategy.Timestamped Highlights[00:01:00] – The PHCC's 140-year history and why plumbing is a pillar of public health.[00:02:40] – How the industry came together to standardize clean water systems in the 1920s.[00:03:44] – What PHCC offers its members today: education, licensing, and community.[00:05:08] – From one truck to $10M: stories of self-made contractors in the trades.[00:06:14] – Why nearly every successful owner started as a hands-on apprentice.[00:08:00] – How AI is transforming the trades and why it's an ally, not a threat.[00:09:34] – Changing perceptions: convincing parents that the trades are a smart career path.[00:10:39] – The rise of entrepreneurship and financial freedom in plumbing and HVAC.[00:11:42] – Daniel's own career path from government and lobbying to COO.[00:13:57] – Becoming the first COO in PHCC's 140-year history.[00:15:25] – Helping a century-old organization modernize its operations and systems.[00:17:03] – Growing membership and education as PHCC's two strategic pillars.[00:18:55] – The PHCC Online Academy: 15,000 students and counting.[00:21:00] – The challenge of evolving legacy culture and systems in long-standing institutions.[00:22:30] – Why more contractors are creating COO roles for succession planning.[00:25:17] – Family businesses, private equity, and the changing face of ownership.[00:27:56] – Daniel's leadership mantra: “Be nice.”[00:33:38] – Balancing kindness with accountability and setting measurable goals.[00:35:00] – Building buy-in and bringing staff along during organizational change.[00:39:00] – Teaching business finance and leadership to new COOs in the trades.[00:43:36] – Daniel's excitement for PHCC Connect 2024 and the next generation of apprentices.Resources & MentionsPHCC – Plumbing-Heating-Cooling Contractors AssociationPHCC Academy – Online education and apprenticeship trainingQuality Service Contractors (PHCC Program) – Business coaching for contractorsFederated Insurance – PHCC partner for business succession planningSkillsUSA & WorldSkills Competitions – Annual events supporting young tradespeopleAbout the GuestDaniel Quinonez is...
In this episode of the HVAC Uncensored Podcast, Gil takes a comprehensive deep dive into the critical topic of training within the HVAC industry. He explores essential questions such as: How frequently should technicians engage in training to stay current? Who should bear the costs of this training—the technicians themselves or the employer? The discussion also delves into personal perspectives on the importance of ongoing education, its impact on earning potential, and individual roles within the trade. Gil examines the vital role of training in professional growth and highlights technicians' reliance on others to enhance their skills. This episode aims to shed light on the significance of continuous learning and the responsibilities involved in maintaining industry standards. I can't wait to hear what the live audience has to say about this topic. Check Out The Video Podcast at https://youtube.com/live/EqpEk299GFM?feature=share =====Don't Forget To Follow The Podcast On Social Media To Stay Up To Date======= The easiest way to find all links is to go to https://www.hvacuncensored.com or https://www.poplme.co/hvacuncensored *****Please Show Some Love To The Amazing Show Sponsors/Partners******* YELLOW JACKET https://www.yellowjacket.com COMPANYCAM https://www.companycam.com/hvacuncensored GET A FREE 14-DAY TRIAL, THEN 50% OFF YOUR FIRST 2 MONTHS HVAC TACTICAL https://www.hvactactical.com USE DISCOUNT CODE (HVACUNCENSORED) & SAVE 20% ON YOUR ORDER HOUSECALL PRO https://www.housecallpro.com/hvac-uncensored/ VETO PRO PAC https://www.vetopropac.com/ HOMEPROS https://www.readhomepros.com CAMEL CITY MILL https://www.camelcitymill.com/UNCENSORED10 USE DISCOUNT CODE (UNCENSORED10) & SAVE 10% ON YOUR ORDER LOKAL https://www.lokalhq.com JACKSON SYSTEMS https://www.jacksonsystems.com FIND ALL HVAC UNCENSORED MERCH AT https://www.hvacuncensored.com/
Guest: Alex Duta CEO/Founder at Albi (restoration management software) https://albiware.com/ Thinking about selling to PE? Alex explains why many contractors should hold and tech-enable instead then shows how to do it: AI for ops, revenue per-employee targets, CRM→Ads feedback loops, valuation math (service vs. software), and the QSBS play to keep more at exit. Real tactics for restoration/roofing/plumbing/HVAC leaders who want margin, scale, and optionality.You'll learnWhat “tech-enabled” actually means for a contractor (and how to measure it)A prioritization toolkit (RICE) to pick high-leverage automations firstCRM→Google Ads conversion feedback to drop CPL & boost job sizeHow tech enablement changes valuation multiplesA primer on QSBS and why waiting can be worth millionsConnect with Alex: https://alexduta.com/ • @itsalexduta Hire Hook Agency for home-service growth: https://hookagency.com/
What if work didn't feel like work? In this solo episode, Chad Peterman breaks down how finding your purpose can completely transform not just your leadership, but your life. Too many trade leaders chase "work-life balance" and end up feeling guilty on both sides. Chad shares why that struggle disappears once you align who you are at home with who you are at work. From mindset to mission, this is a reminder that leadership isn't about switching hats, it's about becoming the same authentic, purpose-driven person in every environment. Leaders in HVAC, plumbing, and electrical: this episode will challenge you to show up differently, build purpose into every task, and inspire your teams to do the same. Join The Arena: the ultimate community for growth-minded home service leaders. Additional Resources: Join The ARENA - a CSTG Community (powered by our media partner, PeopleForward Network) Chad on LinkedIn Chad Peterman | CEO | Author Peterman Brothers Website Follow PeopleForward Network on LinkedIn Learn more about PeopleForward Network Key Takeaways: Purpose Is Freedom: When who you are at work matches who you are at home, you stop living two different lives. Mindset Shapes Everything: The difference between "I have to" and "I get to" defines your experience. Leadership Without a Mask: Show up as the same person everywhere—your consistency inspires trust. Curiosity Over Control: Approach change and problems with curiosity instead of frustration. Enjoy the Work: Find joy and energy in what you do; fun is a leadership multiplier.
Most contractors hate selling — but it's not about scripts or pressure. It's about service. In this episode, Dominic Rubino sits down with Sam Wakefield, sales coach and host of Close It Now, to talk about how to sell without selling. Sam started as an HVAC installer before nearly dying in a hot attic — literally. That near-death moment sent him on a mission to learn how to sell through conversation, not manipulation. What you'll learn in this episode: How to ask better questions that reveal the "why now" moment Why people buy when they feel safe — not when they're pressured How to replace "Are you interested?" with "Are you open?" How curiosity beats closing tactics every time Why serving at the highest level is selling If you hate "sales," this episode will make you rethink everything. More about Sam Wakefield: LinkedIn: https://www.linkedin.com/in/closeitnow/ Close It Now: https://www.closeitnow.net/ Facebook: https://www.facebook.com/samuel.l.wakefield/ Instagram: https://www.instagram.com/therealcloseitnow/ SUBSCRIBE NOW: @Cabinetmakerprofitsystemcom @profittoolbelt4527 Also check out: Cabinet Maker Profit System: https://www.cabinetmakerprofitsystem.com Profit Toolbelt: https://www.profittoolbelt.com/ Contractor Wealth System: https://www.contractorwealthsystem.com/
Tenants keep calling for inspections, but the reality behind those requests is far more complicated than a simple walk-through and a quick report. We pull back the curtain on what really happens when renters ask for a home inspection and why many professionals choose to pass—covering lease restrictions, limited access, local rental laws, and the very real risk of getting pulled into landlord–tenant disputes.We start with the legal basics: renters in many places can request inspections, but leases sometimes restrict third-party evaluations and access to common areas like basements, attics, and roofs. That immediately limits the scope and value of any report, especially when the big-ticket systems are off-limits. Add in municipal rules and housing authority standards—often designed for rental compliance, not real estate transactions—and you get a recipe for confusion about what a home inspector can or should certify.From there, we talk money, time, and risk. Tenant inspections usually demand extra pre-work to interpret leases, coordinate access, and manage expectations. The payoff rarely covers the hassle. Worse, these jobs can lead to subpoenas rather than expert-witness roles, forcing inspectors into court for days over a single visit. We also break down insurance exposure: many E&O policies either frown upon or exclude tenant-focused inspections due to third-party obligations and heightened litigation risk. Finally, we offer practical alternatives: steer renters toward municipal rental inspections, code enforcement, or licensed specialists for targeted issues like lead, mold, or HVAC performance, and keep investor inspections clean with clear authority and full access.If you've debated taking tenant jobs, this conversation gives you the context, pitfalls, and playbook to decide with confidence. Subscribe for more candid industry insights, share this with a colleague who needs it, and leave a review to tell us where you stand on tenant inspections.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.
When talking about plumbing, the p-trap comes up pretty often as a vital component of any system. But what exactly is it? What does it do? And how do we know if our p-traps are doing what they're supposed to? In today's episode, we're talking all of that and more, so join us as we dive into the world of p-traps.Send us your home questions! Email us at thetradepros@doneritesvcs.com or leave us a voicemail at 1-833-805-0167 and we may feature your question in a future episode.Need to call in a trade pro? At Done Rite Services, we can help you with your HVAC, plumbing, and electrical needs in Tucson, Arizona. Find out more at www.doneritesvcs.com.This episode was produced by Rachel Simpson Media. Learn more at www.rachelsimpson.media.
A tiny, overlooked component is bringing giant assembly lines to a halt. We dig into the Nexperia saga—European control, Chinese export blocks, and a packaging choke point—and explain why the “boring” diodes and transistors tucked into door locks, HVAC, and wiper motors matter as much as any cutting-edge processor. When each vehicle hides 300 to 600 of these legacy chips, one missing part can park an entire line, and that's exactly what Honda, Volkswagen, and Nissan are starting to face.We connect the supply chain dots to real-world outcomes: reduced shifts, delayed models, and dealer backlogs. Then we pivot to a sharp recalls roundup, where Ford's record-setting year meets moonroof deflectors, defrost issues, and camera failures, while tires and lighting glitches hit other brands from Cadillac to Fiat and Ferrari. It's a tour of what happens when quality, parts availability, and service capacity collide—and what owners can do now to stay safe and informed.For a breather, we fire up Name The Sold Car Price, comparing a 1952 Studebaker Commander, a 1965 MGB, an '85 F-250, a 2002 Thunderbird, and a stunning 1936 Packard 120. You'll hear what moved, what stalled, and what these numbers say about condition, provenance, and taste. We also map the calendar for Veterans Day cruise-ins, toy drives, and big regional shows—community checkpoints where car culture thrives, knowledge spreads, and enthusiasts help each other keep their machines on the road.If you care about how cars are built, why they break, and where the culture is headed, this conversation brings clarity and a few laughs. Tap follow, share with a friend who loves shop talk, and leave a quick review telling us which sold-car price surprised you most. Your feedback helps more listeners find the show.Be sure to subscribe for more In Wheel Time Car Talk!The Lupe' Tortilla RestaurantsLupe Tortilla in Katy, Texas Gulf Coast Auto ShieldPaint protection, tint, and more!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.---- ----- Want more In Wheel Time car talk any time? In Wheel Time is now available on Audacy! Just go to Audacy.com/InWheelTime where ever you are.----- -----Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Podcast and check out our live multiplatform broadcast every Saturday, 10a - 12nCT simulcasting on Audacy, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.In Wheel Time Podcast can be heard on you mobile device from providers such as:Apple Podcasts, Amazon Music Podcast, Spotify, SiriusXM Podcast, iHeartRadio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox, YouTube Podcast and more on your mobile device.Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/https://www.youtube.com/inwheeltimehttps://www.Facebook.com/InWheelTimeFor more information about In Wheel Time Podcast, email us at info@inwheeltime.com
Welcome to "The Locker Room" with "Hometeam" Brandon Leak, John Michaels and former Atlanta Falcon Brian Finneran. The guys talk all the top stories from the Braves, Falcons, Hawks, Bulldogs, Tech as well as across the nation. The 8 O'clock hour is brought to you by Central Heating and Air, One of the few second generation locally owned HVAC companies in Atlanta. With Central, you're not just a number, you're a member of the family. Kelly Crull in the hiring of Walk Weiss Run Pass Option presented by Subaru of Gwinnett See omnystudio.com/listener for privacy information.
Register here to attend the live virtual event "How to Scale Your Portfolio, with Tenanted Cash Flowing, New Construction Properties" on Thursday, November 13th at 8pm Eastern. Keith introduces a profound life perspective: humans are typically allotted only 30,000 days. What will you do with the days you have left? Every moment not spent building wealth is a moment lost forever. Adam Schroeder, a real estate investment strategist, joins the conversation to talk about current opportunities with new build properties with significant builder incentives and the potential for high appreciation. Resources: Switch to listening to the podcast on the Apple Podcasts or Spotify app, as the dedicated GRE mobile app will be discontinued at the end of the month. Show Notes: GetRichEducation.com/578 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text 1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review" For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold 0:01 Keith, welcome to GRE. I'm your host. Keith Weinhold, the real estate market is slow when this happens in a cycle. What does it mean to a real estate investor? What type of return can you really expect today? I'll tell you exactly, and you'll be surprised. Learn more about new build properties and why investors often prefer DSCR loans over conventional loans today on get rich education, Keith Weinhold 0:28 since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com Corey Coates 1:13 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:29 Welcome to GRE I'm your host. Keith Weinhold, yes, America's favorite shaved mammal on a microphone is back with you for another wealth building week. Just the talking primate that's heavily mortgaged here. I'm also a landlord still waiting for a security deposit from back in 2018 Keith Weinhold 1:51 Hmm, oh, I'm so into self deprecation today that I forgot about the place names hitting you, from Dover, Delaware to Keith Weinhold 2:01 Andover, Massachusetts and across 188 nations worldwide, you're listening to get rich education. There's a realization that can sharpen your investor focus when you think about the fact that, in a sense, how little time you are allotted in your life. It's something that I've thought about more. You're only given about 30,000 days. That's the typical lifespan of a human being, and that goes for both shaved mammals and others. Well, you've already spent 1000s of your 30,000. The question is, what are you doing with the rest? At some point, people understand or they better that they need to go out on a limb. There are people less qualified than you living the life you want to live simply because they chose to believe in themselves, and really, that's the moment everything shifts. belief. It's not a feeling. It is a decision backed by action. Too many people learn this lesson the hard way. They discover, often too late, that relying on one income stream is the most dangerous financial plan of all. A job can vanish. Federal Workers found that out amidst a government shutdown, a business model can change. AI can intrude. A paycheck can stop. But when you own assets that pay you month after month, no matter what you're doing, you slowly begin to untether yourself and move toward freedom. And here's the truth about pain and money. Poor and middle class households work for money, so to them, that's why every dollar spent feels like a little loss. It can even hurt, and that is why they hesitate even on opportunities that could change everything. The wealthy, on the other hand, own assets that pay them, so therefore every dollar spent feels like a seed, because it grows when you own enough income property, you can move away from constantly asking yourself, can I afford this? And start asking, What will this investment earn me? Over time, this mindset shift changes everything at that time when other people's money starts working for you, not the other way around. Keith Weinhold 4:45 And here's the thought experiment I use, take the hourglass of your life and flip it, watch the sand fall. That's time, 30,000 hours, 30,000 grains. That is. Is time the one resource that you cannot get more of. So every day you delay prudently investing the sand does not pause. It just keeps flowing. But you can choose how that time compounds the sand that's left over and hasn't fallen through the neck of the hourglass. Yet that is your opportunity to build multiple income streams from real estate, from ownership and from leverage, it is your chance to replace anxiety with well autonomy. Every family with generational wealth can trace it back to one person, one risk taker who decided to stop trading hours for dollars. They believed in ownership and control. They believed in themselves. They acted before the sand ran out. If you've already started real estate investing, well, then you've already begun to break that cycle. If you've done it for a time, you're going to have more time, more income and more options than you had before. That is worth celebrating and scaling, because the best time to start was yesterday, and the next best time is before the next grain of sand hits the bottom. Keith Weinhold 6:22 Later today, I'll talk about taking this sentiment and moving it towards something very specific and actionable. Now, in this era, the real estate market is slow. That is in terms of transaction volume, there just aren't as many sales. Sometimes this whole thing feels more sluggish than Jabba the Hutt after Thanksgiving dinner. Keith Weinhold 6:49 5 million is a typical number of existing homes sold every year in the US. 5 million. That's normal. That's baseline during the pandemic frenzy. It reached over 6 million, and now it's about 4 million. That's why I say that housing transaction volume has slowed, and appreciation is only about 2% that's below historic norms, and rent growth is like barely doing push ups. It's two to 3% in single family homes volume now it has picked up a little here lately with lower mortgage rates, and so have home prices. Redfin now tells us that home price appreciation is 3% but most outlets say 2% some analysts that are more optimistic than me call today's housing market healthy. They don't call it slow. And why is that? Well, it's the healthiest it's been since covid, because now you have a good balance of buyers and sellers. The real estate market isn't so miserably deprived of inventory like it was back in 2022 in 2023 but I am going to go with slow now, as you know, I coined the phrase real estate pays five ways back in 2015 Keith Weinhold 8:09 But how exactly does that hold up in today's slow transaction market? Could an income property buyer's return even be disappointing now? Well, let's do it. Let's determine what you can expect if you purchase an investment property here in these slow market conditions, we'll determine your total rate of return in year one. And you know, this will be sort of like dating someone that's not the first date, but to really get to know them, to know if they're potential spouse material. You want to see them at their worst and be sure that they look good on their bad days. So let's just be conservative and use 2% home price appreciation. Say that you buy a 200k single family rental. Now a 20% down payment means 40k down. Sellers are willing to give you concessions now, say that they're going to pay your closing costs, because the 200k that you're paying is their full asking price, so it's your terms and their price. Well, say that you don't get any cash flow. The rent only covers the expenses exactly. Okay, so we're really painting on a not so pretty picture. Here, it would seem. Here we go, in a slow market, the first of five ways you're paid is that erstwhile appreciation. Your property only appreciates 2% from 200k up to 204k not so exciting, until, of course, as we know around here, you realize that your return is your gain on your skin in the game, your 4k gain divided by your 40k down payment gives you a 10% ROI. There it is leverage. Didn't just show up. It brought donuts. 10% just from the first of five ways you're paid. The second way is cash flow. Say that rent minus your 160k mortgage payment here and your operating expenses, that merely breaks even, like I was saying. So 0% additional return from cash flow. And before we add on numbers three, four and five to get your total rate of return in a slow market, let's take a moment to check on Jabba. How's Jabba doing? No, Jabba still hasn't gotten up from that heavy Thanksgiving dinner. It's still a slow market. We've confirmed that we're going to continue Keith Weinhold 10:41 the third way you're paid, as any GRE listener knows by now, is with that ROA return on amortization, also known as principal pay down with a 7% mortgage rate in your 160k loan on this property, an amortization table shows you 1625 bucks a tenant made principal pay down. Divide that by your 40k down again, that is another 4% return. All right, so you add that to your 10% from leverage depreciation, and you've now got 14% Keith Weinhold 11:17 next is your tax benefit. It's a 150k structure value, not the full 200k because raw land can't be depreciated. Multiply that by 3.6% depreciation, that means you've tax sheltered 5400 bucks. That is like a phantom loss that you get to show the IRS. Just a little more math here, and this is as far as you have to stretch it, in visualizing numbers in an audio format at a 24% income tax rate. That is 1296 saved on 40k down again, another 3% for you, and your running total is a 17% ROI before we get to the last one, which is inflation profiting, not inflation hedging, which almost everyone mistakenly says in real estate investing, it is inflation profiting. Keith Weinhold 12:13 Your 160k loan gets eaten by 4800 bucks at a 3% inflation rate, divided by 40k down. And you know, inflation is usually the villain. Now it is the hero. You've got another 12% from inflation profiting. And here's the sum in this slow market, your total year one rate of return is 29% Keith Weinhold 12:43 and you're like, my gosh, did that really just happen? Now you might want to skip back on some parts of that to help make it crystallize in your mind. I've got to tell you before I ran these numbers in this slow market with this 2% appreciation and even assuming zero cash flow, I thought your total rate of return would be in the low 20s, not this high, not 29% Keith Weinhold 13:09 the numbers don't lie. They just don't get enough attention on CNBC. Keith Weinhold 13:16 Now I did use shorthand and simplify. You would also have to adjust your 29% for inflation, just like you do for any investment. So then about a 26% inflation adjusted return for you. Wow. And if you want to know more about what I just used shorthand on, you can always watch the five videos on the five ways real estate pays for free at getricheducation.com/course that's get richeducation.com/course, the most valuable video course you'll ever see on real estate investing, but a huge investor lesson here, an epiphany today, is that it does not take a high growth market to build wealth. Even when it seems like real estate's half asleep, it can still work five jobs for you, we could be near the nadir of the cycle here. Keith Weinhold 14:16 Appreciation has picked up in recent months, with mortgage rates being lower than they've been in a while, but even when appreciation and rent growth slows now, you can see that the ROA tax benefit and inflation profiting just keep working overtime. The bottom line here is that income property still pays a lofty 29% if you buy today, even in a slow market, and this is at a time when investors, a lot of them, don't know what to do with their money, since every market type seems to be near an all time high, and people don't want to buy in at those high levels, and savings accounts pay you less than a gumball machine, owning investment property proves its resilience. I mean, this is why we do this. It's kind of like stocks can party with a surge in an upcycle, and then they can bust and boom and bust and boom. But all the while, instead of partying, real estate just keeps its head down and works the night shift for you, your wealth quietly compounds in the background while the rest of the world panics or debates interest rates on LinkedIn or something. Keith Weinhold 15:33 All right. Well, with that in mind, where can we take advantage of that real estate return and expect to do even better with it, even if the market did stay slow. Well, builders have unsold inventory in places like Texas and Florida, like I mentioned before, and to a lesser extent, in parts of the West as well, but the prices are too high out in the west for a cash flow investor. So today, you can buy at a discount in a way that you absolutely could not during the height of the pandemic. Keith Weinhold 16:06 A guest and I are going to talk about a specific opportunity in today's market, and then how you can exploit it. The National Association of Homebuilders has even noticed that home flippers have switched gears, and increasingly, what flippers are doing is instead buying new build properties and then renting them out, because new builds have lower upkeep costs come with a lower mortgage rate because the builder is buying it down for you, they have lower insurance and they attract a better quality tenant that stays longer, even if the HVAC did break. That's okay, because new build homes often come with a warranty. The smart money knows that new build is where the opportunity is today. That's something that I've discussed for a while here, but today we're getting more actionable. CNBC let us know that the CJ Petra company reports that investors now make up the highest share of Homebuilders in five years. And you'll recall that we've had CJ Patrick, company founder, Rick sharga, on the show a lot with me here the past few years. Some say that the smart money is waking up again. I don't know investor activity is steady, but it's not really that much. It only seems like a lot because the wannabe owner, occupant, buyer has been priced out. So it's better to say that investor activity has been steady. Investors bought fully 1/3 of single family homes this past summer, and that is up from 27% in q1 I'll discuss that more soon. Keith Weinhold 17:44 Hey, you know one thing that makes GRE different is that our show sponsors are here to supplement and benefit your specific investor activity. And another thing is that I use them myself. Thank God we are not here to tell you about pneumococcal pneumonia or your moderate to severe plaque, psoriasis. I don't even know what that stuff means. Freedom, family investments and Ridge lending group. I very know what they're about. I'm a satisfied client with each of them myself. So listen in. 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Again, 1-937-795-8989, Keith Weinhold 19:32 the same place where I get my own mortgage loans is where you can get yours. Ridge lending group NMLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Caeli Ridge personally while it's on your mind, start at Ridgelendinggroup.Com, that's Ridge lending group.com Kathy Fettke 20:05 this is the real wealth network's Kathy betke, and you are listening to the always valuable get rich education with Keith Weinhold. Keith Weinhold 20:14 I'd like to welcome in a new guest to the show. He is a real estate investment strategist that's been working in the media industry since 2001 and throughout the career, he's held the title of a local news reporter, podcast host and producer for nationally syndicated companies like NPR. He's been in real estate nearly 20 years. Adam Schroeder, welcome to the show. Adam Schroeder 20:48 Thanks for having me on. I really appreciate it. Keith Weinhold 20:50 Yeah, I'm looking for your read on today's real estate market, just the general landscape overall, because Adam, I've shared that national transaction volume is down about 25% appreciation is still there, although it's been slow. Rents are just steady. We do, however, still have this supply that is down among entry level homes, something a lot of media articles broad brushstroke and don't understand, and really it's still a valid question to ask, even today. Is there any better risk adjusted return than income property that's bought, right? So what are your thoughts on the overall real estate investing landscape? Adam Schroeder 21:30 Yeah, overall real estate investing, it's kind of like what you said, entry level housing. I remember I saw a heat map. This was probably five or six this was pre covid. It was maybe even seven or eight years ago. It was a heat map that showed, like, new construction, home pricing, and, you know, there was like 500,000 and up. Was just this massive chunk. And then there was all these ones, ones that were under about 300,000 it was around, like six or 8% or something like that. It was really, really small. If you look around, it hasn't gotten bigger. And so the question of inventory and availability and pricing, they're never going to talk about it on the national media, because there is no entry level home in Chicago, in New York, in LA, you're not going to find that. I mean, you're paying 200 grand for a doghouse in the backyard, if you're there. And so we are finding the entry level housing, but I think right now, an oversupply of inventory in some of these markets is a very good opportunity for people. If you're buying for with the right fundamentals, if you're buying in an area that's growing and has good long term, you know, 8,10, 15 year diagnostics. Then if you're buying now with builder incentives and all of that, yeah, your year one, year two, year three. Appreciation may not be the greatest because of that oversupply, but if you look at what's happening now with construction starts in a lot of places, builders have gotten scared off. They're not really starting them now. So if you're buying new now, in 2,3,4, years, all of the inventory will be sucked up, and there won't be new homes coming to the market. So you're going to be one of those people who has one of the newest homes in the area, more people are going to want to be getting in. And so your appreciation and rent growth is much more likely to be growing. So that's one of the things I love to look at, is I look at what new home starts, what happened in the past, what was oversupplied, but now, who's what cities aren't building. And if I know what cities aren't building, then I can compare it to, okay, well, you know, there are some cities in California that aren't building anything I'm not going to buy in California, but there are some cities in Minnesota, in Oklahoma, you know, in Texas, where they're not building anymore. And if it's landlord friendly and can cash flow and all of that, Sign me up. I'm bullish on parts of this, of the United States real estate market, not the whole United States real estate market. Keith Weinhold 23:55 It's been pretty well documented that parts of the nation are overbuilt. However, especially in Florida and Texas. And I brought up the point months ago Adam that if you buy, say, a new build income property in temporarily overbuilt pockets today, five years from now, looking back five years onto today, you could be like, Yeah, I bought five years ago, when some areas were actually overbuilt, and I snagged a deal, and the builder was even giving me incentives like my rate at that time, because, you know, long term, the demand is going to be there and that the absorption is going to be there. So it's about knowing what's happening and then identifying the right time in that cycle. In today's environment, some feel that DSCR loans are a better option for investors, and what that means a debt service coverage ratio loan is that you qualify for the loan not with your personal income, but instead with the property's income. Do you see more investors employing dscrs? Adam Schroeder 24:55 We see a ton for a really good reason. That is simply put, especially if you're utilizing these builder incentives, buy down rates on DSCR frequently outperform ones with conventional like some of the lenders we're working with. I look and let's say you're putting 4% I looked at it this morning with an investor with 4% of purchase price towards your loan on a DSCR loan, you're down to 5.49% on a DSCR, but conventional, you're at 5.75 that doesn't happen for the most part. It's just something that right now, the risk profile of investors is allowing the rates to be either at or better than conventional many times. Plus, people love to put their properties in LLCs for protection, and they'll worry with conventional, oh, what if a due on sale clause gets triggered, even though it's really hard to trigger that, if you worry about it, well, why not just get a loan that's equal or better than a conventional that doesn't go on your you know, debt to income and can go straight into the LLC to begin with, and then your hands are clean the whole way through, and you're not having to worry about transferring titling. Honestly, my wife is about to murder me because I have some properties that were meant to go into an LLC two years ago that are not currently in an LLC. Keith Weinhold 26:17 Well, hopefully you'll live until the end of this interview. Tell us more about DSCR loans, and maybe some that, no you talked about the upside, maybe some red flags and some things to look out for, times when we would not want to employ that loan type. Adam Schroeder 26:30 A lot of it with the DSCR you're looking at like you said, they're not evaluating you necessarily. Now you do have to show reserves. You do have to show that the property will perform on its own. But sometimes full doc loans with conventional can be the way to go, because, like I said, in the past, it used to be that DSCR loans were three quarters of a percent, or a full percent higher than the DSCR. Or, yeah, DSCR was higher than the conventional. And so if you could get a four and a half with a conventional versus a five and a half on a DSCR. It's well worth the extra paperwork that might come with doing it to save yourself that money and really build up your cash flow. We are just in a very awkward time of investing, where the investors for DSCR loans, the people who are buying those mortgages, are not the same people who are buying the Fannie Mae Freddie Mac secondary loan market, and so they just have different risk profiles, which allows the rates to be different. So that's really the big thing. Is, if you've still got your Fannie Freddie slots, it's worth talking to your lender and saying, what would it look like if I did this loan? What would it look like if I did that loan? Where am I? But when it's all said and done, if you're really close or equal, I would almost always skew towards the DSCR to protect myself, go straight into an entity and keep it off of my debt to income ratio, plus on dscrs. You also have the option, and we don't recommend this for every property or even for certain people, depending on risk profile, but you have the option to do an interest only loan with 20 or 25% down, which allows you to do kind of what we call cash flow management, where people get worried about interest only loans and say, Well, I'm not building equity. I'm not doing this, not doing that. Well, you're not, but you're also, you can still put principle towards your loan every month, right? Like a principal loan, maybe you're throwing 200 bucks a month, a principal towards that. Well, with an interest only loan, you can still put that $200 in. But what it means is, if there's a month where maybe you have some repairs that need to be done, or something like that, don't pay the principal and on the interest only, you're still okay on a principal and interest. If you can't pay that, if you just pay all the interest, they're still going to say, well, Keith, you're late on your loan, right? And so it gives you a little bit more flexibility, but it's not for everyone. It's not for every property, so definitely talk with lenders about that. But conventional loans don't offer that. DSCR loans can. Keith Weinhold 28:53 There's always opportunity in every real estate market. It's just identifying what those are and then ethically exploiting the opportunity. So we're talking about buying in areas that are temporarily overbuilt utilizing DSCR loans. And another advantage in this market, which is an aberration, is the fact that new build properties, like few times in history, if any, actually cost less than renovated existing properties. Adam Schroeder 29:20 Yeah. I mean, when you can get into, you know, an A class neighborhood with 80% owner occupied, 90% owner occupied, and you're getting in for way less than the median cost of a home in the US. You mean, you're getting in for, I mean, we've got new builds in the 220 range on some of them up to 400 you know, which is still below the median cost. Yeah, that's really good. If you're looking to get into any a class neighborhood, or even B plus neighborhood, finding a property that's 200 $250,000 in those areas is tough. It's just tough. And so especially because as pricing went up for everything with inflation, you know you can't do. Do a cheap rehab anymore. If you're going to do a good rehab, you can't do a cheap rehab. I talk to our teams all the time and tell me, Hey, I did, you know, I only spent $70,000 to renovate this property and like that is a lot of money. I know you're getting it out whenever you do the burn, you know, or sell to an investor, but still a lot of money to put in to get there. Keith Weinhold 30:20 Well, then let's talk about identifying possible growth markets for long term investing success. New build properties tend to appreciate better than rehab properties. And you know what's funny, Adam, I was just sharing this with my audience on a recent episode. I largely disagree with this long time investing axiom in real estate that says appreciation is just icing on the cake. I think I know what they're saying that doesn't help you out on a month by month basis, but we're in real estate investing for the long term and long term, more of your returns typically come from leveraged appreciation than they do on the cash on cash return from cash flow. So to me, appreciation is not just icing on the cake. In a lot of cases, it is the cake. And really, that's something that new build can offer more of. Adam Schroeder 31:09 Yeah, I mean, it's almost in, especially in today's market, it's almost like cash flow is the icing on the cake. You know, you can get a property that, you know, is in that really good area, like we're talking about, and is, maybe it's appreciated a little bit now, but it's very likely to appreciate a lot later. If you're only making, if you factor everything in maintenance, vacancy, all of that, and you're making $100 a month, that's solid, you know, if you look at it, and if you're in those areas, if you appreciate 5% on a $300,000 property, let me tell you this, you're not going to make $15,000 in cash flow that year on that property. So if you look at the people who are really retiring on cash flow, are usually the people who have 100 200 300 doors or something like that, and they play the law of large numbers. I don't want to play the law of large numbers personally, I want to have really good quality assets and have fewer of them, and really work on having positive cash flow, but having the equity growth that allows me to pull money out tax free and either buy more investments or utilize how I want in my life. Keith Weinhold 32:16 Exactly. If your property cash flow is $100 a month and it's a single family home. Some people say, Oh, that's awful. You would need 100 of them just to get 10k pass it per month. Now you're thinking wrong, and you're oversimplifying it like to your point, with the 300k home and 5% appreciation, that's 15k in one year, you're building equity that can be borrowed against, tax free, and you're building up that lump sum cash flow windfall down the road, if you will, in real estate pays five ways and cash flow matters, but it's only one of five profit centers and all that. So yes, we're so aligned on that one, appreciation is not just the icing on the cake, it's substantially more than that. Well, I've got something to announce. Adam here is going to co host, along with our own longtime investment coach, Naresh, an upcoming live virtual event. And it's called how to scale your portfolio with tenanted cash flowing new construction properties. And it aligns in every way with the trends that we've been talking about and that Adam and I have been identifying here. The event takes place next week. But first, tell us more about what you and the ray shall be speaking about at the event there. Adam. Adam Schroeder 33:29 one of the biggest concerns people have about real estate, and one of the things that can eat in your cash flow more than anything, is vacancy. I mean, vacancy can kill your deal whenever it's all said and done, because it's one thing, if you're, you know, break even or $100 a month positive cash flow. But whenever you've got a vacant property and you're negative $1,500 a month, that can hurt, that can hit the wallet. And so what we really love, if you can hit it, is a tenanted property that's new and is in a growing area, yeah, and we've got that thankfully. I mean, we've been able to work some really good relationships with national builders that have allowed us to get into they were doing a lease to purchase option with tenants who wanted to buy their property but didn't have it saved up, and these people didn't exercise their option, but they've renewed their lease so you can come in and buy a property that has them in place. It is a house that they wanted to buy. So how long are they likely to stay? Probably quite a while. They like the school district, they like the neighborhood. They like everything about it. You're coming in, you've got the builder incentives we talked about before, and you're just in a positive cash flow position already. Now we're in Texas, which I was actually funny enough. Earlier, right before this interview, I was reading about the states that are going to grow the most, projected until 2050 and they expect Texas to grow by nearly 9 million people between now and believe it was 2050 Keith Weinhold 34:55 everyone's asking, when is it going to pass? California is the most populous state in the nation. Adam Schroeder 35:01 Well, it depends how many people. In California are part of that 9 billion we've gotten quite a few of them there. As somebody who lives in Texas, and we're in the big cities too. We're not in the Podunk Texas towns you think about in, you know, east or west Texas. We're talking Houston, Dallas and San Antonio, which are three of the top, I believe, 15 largest cities in the country. We're getting some really good incentives. You can get up to right now, 10% builder incentive. So a $300,000 house, you have $30,000 that you can use. That's massive. Yeah, you can get that money back after closing. We can buy your rate down. And we have some people who have literally taken the whole 10% and put it towards a fixed 30 rate at four and a quarter percent. Wow, they are locking themselves in at four and a quarter. Or we have some people who say, like, we were just talking about cash flow is not a concern for me. I'm going to take half my down payment back, and I'm going to go buy another property, because I'm only in this property for 10% now, and so they're able to be, you know, roughly break even in a good growing area, and they can acquire a second property. So you're buying two properties without mortgage insurance for essentially a 30% total down payment, and you're getting your 10% back if you buy the second property. So it's just really incredible time. Like you said, we haven't seen a time like this before. We were able to get into the wholesale division of these builders and provide these incentives that I've personally never seen before. Some of our reps are buying these homes themselves, so we're putting our money where our mouth is. It's just a great time, especially like you were saying, these homes the inventory, take advantage of the opportunity, right? And there's an opportunity that's presenting itself. And if you look at the long term demographics of Houston, Dallas and San Antonio. It's an arrow pointed up. That's what those areas are. Keith Weinhold 36:46 100% I mean, it's almost as predictable as anything. There's never a guarantee, but continued population growth and obvious need for housing there is about as close as you can get. That's massive. 10% back, 380k purchase, $38,000 back at the closing table to use in discount point buy downs completely or half on discount point buy downs and half to pocket and use on another property or use on your next vacation or whatever you want to do. That's massive. Adam Schroeder 37:18 Yeah, it's fantastic. One thing I forgot to mention about Houston. It's one of the things I love that people don't think about has the third most headquarters of fortune 500 companies in the country, behind New York and Chicago. So people don't think about that when they think of Houston. But I love to throw that out there, because it's there. I love Houston. I lived there for seven years. It's where I met Naresh, actually, and would happily move back there again Keith Weinhold 37:42 right? Houston has moved so far past the monolith of just having oil be the economic driver. So we're talking about tenanted new construction properties in pretty hot markets, Houston, San Antonio and Dallas ready for you to purchase with that 10% builder incentive. And these are in communities that are primarily owner occupied, so they do have that high appreciation potential and that potential for solid rent growth. So on the live event, the webinar that you are invited to attend from the comfort of your own home, what you can do is just learn more about this overall strategy and why the time in the market is right for this. Learn more about those geographic markets themselves and then their drivers, and even see available new build income property. And the benefit of you attending a live is that you can have any of your questions answered right then and there. You can sign up at grewebinars.com, and Adam, before I ask you if you have any last thoughts, that event is next week. It is Thursday, November 13, at 8pm eastern time again, you can sign up. It is free. Space is limited, so that's something that you want to do now at grewebinars.com, any last thoughts? Adam Adam Schroeder 38:51 yeah, I will just remind people there's always a reason to buy real estate, and there's always there's always a reason not to buy real estate, and depending on which one you subscribe to, you can always find those opportunities, or you can scare yourself off. So, you know, find the right opportunities that are there for you and your investing style and jump in. Because if you look at what's happening right now. When rates start coming down, owner ox are going to jump back in, and that tends to lead to prices going back up. Like Keith said, these are 85% owner occupied areas, and you're setting yourself up for success. And if you do it now, you can always refi later if rates come plummeting down right so find the right areas. Find the reasons to buy and go for it. Keith Weinhold 39:41 This is a time when builders are really willing to give you a break. Take advantage of it if you possibly can. Adam, it's been great having you here on the show, and our audience looks forward to seeing more of you next week. Keith Weinhold 40:00 Yeah, some real potential here. I'm rather excited for your future as a listener next week, investors like DSCR loans, since the qualification looks at the property, not you, and see conventional loans are more for owner occupants. They're fine. They work for investors too. But with dscrs, besides their other advantages, they're a check on making sure your property is profitable. It is just your rent divided by your debt service. That's all it is. So for example, with a $1,000 rent and a piti payment, principal, interest, taxes and insurance payment of 800 bucks. Well, then your DSCR is 1.25 Investors love them because there's no personal income verification, no W twos, tax returns, pay stubs. There's no debt to income ratio bar for you to have to clear also conventional loans often cap you at 10 financed properties, and DSCR loans have no such limit, so there's faster underwriting and easier approval. But with dscrs, look out. I mean, there could be some higher fees, and you might have a three to five year prepayment penalty. But buy and hold investors often keep the property that long anyway, so grow your income streams with dscrs, even when the w2 world says no. And notably, dscrs have absolutely nothing to do with job of the hut either. No sluggy concerns there Keith Weinhold 41:42 if you've wanted a deal on a property today, here you are with these new build incentives that are really good, better than what most builders are giving looks like. Here's your chance. One reason that the builders are giving us a deal is because of the bulk of GRE buyers. This is for you, if you might want one property or 14 properties load up with these up to 10% builder incentives, or just attend the webinar and learn more. We got into the wholesale division of these builders. We got them right where we want them. The properties are typically already tenanted. So plant your flag in the ground, and call this the pivot point. This whole thing could be a bigger deal than the first man to walk on Mars. We'll see, though, no man has walked on Mars yet, but you don't need to wait that long. Take one of your 30,000 days that you've been gifted in this life of yours, the 30,000 days you've been allotted on this earth to win back some of your future finite time. It is next week, Thursday, the 13th, at 8pm Eastern. It's also GRE last event of the year, your last chance, a live, virtual event where you can attend from the comfort of your own home or anywhere. And it's free. Registration is open now. Sign up at gre webinars.com that's gre webinars.com Until next week, I'm your host. Keith Weinhold, don't quit your Daydream. Unknown Speaker 43:17 Nothing on this show should be considered specific, personal or professional advice, please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively you Keith Weinhold 43:45 The preceding program was brought to you by your home for wealth building, getricheducation.com
In part 2 of this episode of the HVAC Know It All Podcast, host Gary McCreadie is joined again by Jim Fultz, National Technical Training Manager at Copeland and a former Emerson trainer, to explore dual fuel systems and the importance of proper equipment placement. They talk about the difference between thermal and economic balance points, and why running a heat pump and furnace at the same time can cause serious issues. Jim explains how incorrect coil placement can lead to rusted heat exchangers and how technology like the Sensi Touch 2 thermostat helps manage switchover points more accurately. This episode offers helpful tips for HVAC techs working with hybrid heating systems. Gary and Jim talk about how dual fuel systems work and why the placement of coils and furnaces matters for system life and safety. Jim explains the problems that happen when coils are placed before furnaces, like rust inside heat exchangers from trapped moisture. They cover why heat pumps and gas furnaces should not run at the same time and how electric resistance heat is different. Jim also shares how the Sensi Touch 2 thermostat and its outdoor sensors help manage switchover points better. They end by talking about wireless tools that save time and avoid hard-wiring jobs. Expect to Learn: What do thermal and economic balance points mean in HVAC? Why heat pumps and gas furnaces should not run at the same time. How coil placement can damage heat exchangers over time. Ways the Sensi Touch 2 helps manage backup heat more accurately. How wireless sensors can solve wiring problems in retrofit jobs. Episode Highlights: [00:00] - Intro to Jim Fultz in Part 02 [01:56] - Why Furnace & Heat Pump Can't Run Together [06:28] - The Risks of Incorrect Coil Placement [11:35] - Sensi Touch 2 Thermostat & Wireless Solutions [14:50] - Cost Analysis & "Stealth" Thermostat Feature [16:35] - Final Recap on Balance Points This Episode is Kindly Sponsored by: Master: https://www.master.ca/ Cintas: https://www.cintas.com/ Cool Air Products: https://www.coolairproducts.net/ property.com: https://mccreadie.property.com SupplyHouse: https://www.supplyhouse.com/tm Use promo code HKIA5 to get 5% off your first order at Supplyhouse! Follow the Guest Jim Fultz on: LinkedIn: https://www.linkedin.com/in/jimdfultz/ Copeland: https://www.linkedin.com/company/copeland/ Emerson: https://www.linkedin.com/company/emerson/ Website: Copeland: https://www.copeland.com/global Emerson: https://www.emerson.com/global Follow the Host: LinkedIn: https://www.linkedin.com/in/gary-mccreadie-38217a77/ Website: https://www.hvacknowitall.com Facebook: https://www.facebook.com/people/HVAC-Know-It-All-2/61569643061429/ Instagram: https://www.instagram.com/hvacknowitall1/
Join hosts Brett Wetzel and Kevin Compass in this comically chaotic episode of the Advanced Refrigeration Podcast! While Kevin struggles with a malfunctioning VPN and frustrating remote support issues, Brett tackles a misbehaving VSD compressor and explains his VPN woes. From making fun of Matthew from Michigan to struggling with case controllers, this episode is packed with technical insights and humor. Plus, hear about Brett's upcoming adventures in Newfoundland and plans to visit the Dildo Brewery! Whether you're a seasoned HVAC pro or just in need of a good laugh, this episode has it all!
Join hosts Brett Wetzel and Kevin Compass in this comically chaotic episode of the Advanced Refrigeration Podcast! While Kevin struggles with a malfunctioning VPN and frustrating remote support issues, Brett tackles a misbehaving VSD compressor and explains his VPN woes. From making fun of Matthew from Michigan to struggling with case controllers, this episode is packed with technical insights and humor. Plus, hear about Brett's upcoming adventures in Newfoundland and plans to visit the Dildo Brewery! Whether you're a seasoned HVAC pro or just in need of a good laugh, this episode has it all!
Check out the TIES Sales Showdown at www.tx.ag/TIESVisit The Sales Lab at https://thesaleslab.org and check out all our guests' recommended readings at https://thesaleslab.org/reading-listTo listen to The Sales Lab Podcast on your favorite apps, visit https://thesaleslab.simplecast.com/ and select your preferred method of listening.Connect with us on Facebook at https://www.facebook.com/saleslabpodcastConnect with us on Linkedin at https://www.linkedin.com/company/thesaleslabSubscribe to The Sales Lab channel on YouTube at https://www.youtube.com/channel/UCp703YWbD3-KO73NXUTBI-Q
SHOW NOTES: Welcome back to The Money Pit! It's getting chilly out, so we're focused on preparing a cozier home for the colder season ahead. Give us a call now at 888 Money Pit, but first, listen in for this week's topics and DIY caller questions! - Fireplace Safety Check: Before striking that first match for a cozy fire, pay attention to our quick fireplace safety checklist. We'll walk you through tips to tackle before lighting your first log. - Pre-Winter Power Washing: Before winter wraps your home in a snowy blanket, it's a great time to give your exterior a deep clean. Coming up, we're talking about the power of power washing! From removing grime and mildew to making your walkways safer and your house sparkle for the holidays, we'll share why this quick weekend project is the ultimate pre-winter refresh. - Smoke Detector & Cold Prep Reminders: Changing the clocks is a perfect reminder to replace the batteries in all your smoke and carbon monoxide detectors, and to swap out any units that are more than 10 years old. Other quick prep tasks include reversing ceiling fan direction, inspecting weather stripping, and cleaning the HVAC filter. - Wallpaper Accents: In Leslie's Last Word, we discuss how wallpaper is having a serious design moment and can be used sparingly and stylishly as an accent in small spaces like powder rooms or inside decorative molding for instant impact. Q & A: - Mara in Louisiana wanted to screen in or convert part of her two-story porch on her 1910 home, which has 22 large Corinthian columns. We explain that trying to work around or box in the unique columns would severely change the architectural style of her beautiful home, and recommend consulting with an architect for a major redesign. - David in Anchorage, Alaska, was preparing to tile a bathroom wall that featured a "knockdown" texture, and he needed to know what prep work was necessary. We suggest that he lightly sand the raised spots or score them with a knife to provide a clean, flatter surface for the tile adhesive. - Stacy in Minnesota wanted to update her 1968 fireplace by filling in the mortar between the bricks and then applying a lime wash. We explain that a lime wash won't absorb correctly into brick as it does with wood grain, and she should instead consider alternatives like tiling, using faux stone fascia, or applying stucco. - John in Florida stripped his entire house down to the studs and asked if "cocooning" his home with spray foam insulation was a good idea. We affirm that spray foam is an excellent method for achieving energy efficiency, especially since the walls were open, and we note that breathability issues are rare in existing homes. ASK A QUESTION: Need help with your own home improvement or décor question? We'd love to help! Call the show 24/7 at 888-MONEY-PIT (888-666-3974) or post your question here: https://www.moneypit.com/ask. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Welcome to Go Gaddis Real Estate Radio! I'm Cleve Gaddis—here to help you move from novice to confident pro so buying and selling real estate is clear, simple, and worry-free. As cool mornings roll in across Metro Atlanta, it's the perfect time to make sure your home's heating and cooling system is ready for the season. In this episode, I'm joined by Tommy Francis, owner of Northeast Mechanical Services, to talk about why a quick HVAC maintenance check now can save you from expensive headaches later. We'll cover: How early-fall HVAC tune-ups can prevent emergency repairs when cold weather hits. The importance of ensuring your heat kicks on when you actually need it. How regular maintenance can extend the life of your system and improve energy efficiency. Easy homeowner checks that can help keep your home comfortable as the weather turns. And Tommy has a special discount just for our listeners—use the code “Go DAWGS” when you call or email Northeast Mechanical Services to claim it! Plus, I'll share details about our Upside Program, which helps homeowners make confident decisions about improvements and maintenance that protect their home's long-term value. Have a question or comment? Visit GoGaddisRadio.com to connect, push back, or subscribe so you never miss an episode.
Welcome to "The Locker Room" with "Hometeam" Brandon Leak, John Michaels and former Atlanta Falcon Brian Finneran. The guys talk all the top stories from the Braves, Falcons, Hawks, Bulldogs, Tech as well as across the nation. The 8 O'clock hour is brought to you by Central Heating and Air, One of the few second generation locally owned HVAC companies in Atlanta. With Central, you're not just a number, you're a member of the family. Hutson Mason joins OTP Movin the Chains See omnystudio.com/listener for privacy information.
Selling an HVAC business isn't just a financial milestone. It's a legacy moment that reflects your leadership and the culture you've built. Successful exits happen when owners prepare early and treat the transition as the next chapter of their company's story, not just a transaction. This week on Cracking the Code, David Holt sits down […] The post Building a Buyer-Ready HVAC Business From a M&A Expert first appeared on My Contractor University | Dashboard.
Book a free Discovery Call to see how we can help you hit your goals and beyond: https://bit.ly/3TvGiNW or call us at: (214)-453-1591
Building HVAC Science - Building Performance, Science, Health & Comfort
QUOTES from the Episode "Instead of landlines everywhere, give every heat pump a cell phone and let it call home." "We're seeing close to 40% of heat pumps undercharged or leaking—no wonder callbacks are high." "What gets measured gets managed." — often attributed to Peter Drucker (fitting this data-driven shift) Brendan Hermalyn (CEO/founder, Thalo Labs) traces a zig-zag path from NASA and defense to self-driving cars—then into HVAC. His through-line: high-reliability sensing and prognostics. Thalo's product aims to "give every heat pump a cell phone," using a small, non-invasive module that snaps inside VRFs/splits (and eventually larger plants), measures power and line temps, backhauls via cellular, and flags undercharge/leaks and power-quality issues before they become emergency calls. It's equipment management, not a full BMS—lightweight to install, built for techs, and friendly to API integrations, texts, and weekly roll-ups. Brendan argues the market is ready: most commercial buildings still lack BMS, Wi-Fi is fragile for critical telemetry, and the economics of sensors/cloud have flipped. Thalo avoids tapping the refrigerant loop, prioritizes fast installs (often 10–30 minutes), QR/location tagging, and even a "buzz this unit" feature to find the right rooftop box. Early field data is sobering—he's seeing ~40% of heat pumps undercharged and/or leaking—driving callbacks, compressor failures, and energy waste. The pitch to contractors: turn break-fix chaos into planned maintenance, white-label the savings report, and train new techs faster with data-driven cues. Oh, and the name? "Thalo" like the deep sky blue—an homage to adding tech to make the picture clearer. Brendan's LinkedIn: https://www.linkedin.com/in/brendan-hermalyn/ Thalo Labs: https://thalolabs.com/ This episode was recorded in October 2025.
In this episode of The Best of LKN Podcast, Jeff Hamm sits down with Carl Steinmann, owner of Varsity Zone HVAC - Mooresville, to talk about entrepreneurship, innovation, and serving the Lake Norman community.Carl shares how his 20+ years in corporate operations and real estate investing led him to take the leap into business ownership — trading boardrooms for attics and spreadsheets for service calls. After partnering with the national Horsepower Brands franchise group, he launched Varsity Zone HVAC in Mooresville and quickly built one of the top-performing locations in the country.The conversation covers everything from the challenges of growing a service business to the importance of trust in home maintenance. Carl explains how he built a team centered on craftsmanship and integrity, and why educating customers matters just as much as fixing their systems.Varsity Zone HVAC - Mooresville---------------------------------------------------------------------------------------Lake Norman's #1 Podcast & Email NewsletterThe Best of LKNhttps://thebestoflkn.com/Hosted by:Jeff Hammwww.lknreal.comProduced by:www.epicjourneymedia.com Support the show
At the Crexendo UGM, Doug Gaylor, President & COO of Crexendo, told Technology Reseller News Publisher Doug Green that AI is the next industry “game changer”—not just for cost savings, but for making money. Gaylor outlined how Crexendo's ecosystem now includes pre-integrated, ready-to-sell AI applications—such as an AI receptionist—that partners can brand, lightly tailor, and deploy quickly. “It's not about how they save money with AI—it's how they make more money with AI,” he said, citing examples like a 15-person HVAC firm in Phoenix using AI to book, reschedule, and triage calls 24/7, driving more completed jobs and higher dispatch efficiency. Gaylor emphasized that these AI services layer onto Crexendo's concurrent-use UCaaS model, enabling partners to widen margins versus per-seat competitors and expand account value. The typical customer paying about $350/month could grow to $500/month with AI-enabled workflows—“a win for the end customer, a win for our partners, and a win for Crexendo,” he noted. He also highlighted hospitality use cases (e.g., guest services requests, spa scheduling, towel deliveries) where instant responses boost satisfaction while human associates focus on higher-value tasks. The UGM itself reflected strong momentum, with record attendance and sponsorship and partners asking for Gaylor's slides to brief their teams. Looking beyond the Crexendo community, Gaylor invited BroadSoft and MetaSwitch operators to consider migrating, pointing to multiple recent conversions and asserting that the move delivers gains in technology, cost structure, and partnership support. Learn more: crexendo.com.
In this forward-looking episode, we sit down with Collin Murphy from Famous Supply to discuss the challenges and opportunities shaping the HVAC industry in 2025. Recorded live at the Allied Air DSR Technical Training Conference, this conversation dives into the critical transitions in refrigerants, technology and training that are redefining the field.We discuss:The impact of refrigerant and technology transitions on distributors and contractorsHow Famous Supply is leading the way with training and technical supportThe rise of high-performing heat pumps and breaking the stigma of cold climate performanceThe importance of investing in education to stay competitive in a rapidly evolving industryHow relationships and collaboration drive success in the HVAC communityCollin shares valuable insights and advice for contractors, distributors and industry professionals navigating these changes. Whether you're adapting to new technologies or looking to enhance your technical skills, this episode is packed with info to help you thrive.Learn more at famous-supply.com. #HVAC #Training #HeatPumps #ESCO #ESCOInstitute
Welcome to "The Locker Room" with "Hometeam" Brandon Leak, John Michaels and former Atlanta Falcon Brian Finneran. The guys talk all the top stories from the Braves, Falcons, Hawks, Bulldogs, Tech as well as across the nation. The 8 O'clock hour is brought to you by Central Heating and Air, One of the few second generation locally owned HVAC companies in Atlanta. With Central, you're not just a number, you're a member of the family. Channing Crowder joins See omnystudio.com/listener for privacy information.
This episode continues our sensory series, diving deep into the world of Sensory Sound, with actionable strategies for supporting sensitive kids wherever you go. Why Are Loud Spaces So Overwhelming? Colleen unpacks how unpredictable peaks in sound, bustling crowds, harsh lighting, and layered sensory inputs can overload sensitive nervous systems. Whether it's a mic popping at announcements, the hum of the HVAC, or the swirl of cafeteria chatter—these environments can quickly become "too much." Building a Predictable Noise Plan—Step by Step This episode is all about taking back control and creating a kind, doable plan so your kids can participate and feel safe: Recon the Space: Visit venues early, spot the quiet zones, locate exits, and identify problem areas. Create a Noise Map: Colleen shares practical tips for sketching out "green" (safe/quiet), "yellow" (watchful), and "red" (overwhelming) areas in any environment. Try the Gear: Explore sound-dampening solutions, from free options (hoodies, signals) to noise-canceling headphones and musicians' earplugs—covering several budgets. Practice Exit & Reentry: Teach simple signals, rehearse calming routines, and have a regrouping spot so kids know when and how to retreat and return. End With a Win: Celebrate every step your child takes in self-advocacy—even if it means sitting out for the day. Praise their use of the plan! Real-Life Stories & Church Success Inspired by a learner's lab member's ongoing journey, Colleen offers scripts for requesting accommodations and creative ways to normalize sensory gear. You'll also hear practical solutions for church, co op, cafeterias, and gym settings. Links and Resources from Today's Episode Thank you to our sponsor: CTC Math – Flexible, affordable math for the whole family! The Lab: An Online Community for Families Homeschooling Neurodivergent Kiddos The Homeschool Advantage: A Child-Focused Approach to Raising Lifelong Learners Raising Resilient Sons: A Boy Mom's Guide to Building a Strong, Confident, and Emotionally Intelligent Family The Anxiety Toolkit Building a Sensory Diet Toolbox for Neurodivergent Kids at Home Playful Sensory Learning at Home: Five Senses Spinner Managing the Holidays with Sensory Kids with Sarah Collins Self-Care and Co-Regulation | Balancing Parenting and Sensory Needs Respecting Your Child's Sensory Needs: When You Have to Say "No" Sensory Science Activity: Perfect For Your Homeschool Embracing Art and Its History for Kids With Sensory Issues Yard Work for Sensory Input Pumpkin Play Dough | Sensory Fun for Kids Sensory Play with Spice Painting Sensory Play for Kids
In this episode of the HVAC Know It All Podcast, host Gary McCreadie talks with Jim Fultz, National Technical Training Manager at Copeland and a former Emerson trainer. Jim explains the concepts of thermal and economic balance points in heat pump systems, breaking down how each affects system performance and efficiency. He walks through how to calculate these balance points using real examples, showing when a heat pump needs backup heat. Jim also discusses how the Sensi Touch 2 thermostat helps manage these settings by letting users program exact switch-over points. His advice gives techs the tools to improve system setup and avoid costly service calls. In this episode, Jim Fultz explains the difference between thermal and economical balance points in heat pump systems. He shows how thermal balance is about the heat pump's ability to meet a home's heating load as outdoor temperatures drop, while economical balance relates to energy cost and efficiency. Jim uses real examples to show how to calculate these points and why getting them right matters. He also talks about using tools like the Sensi Touch 2 thermostat to set and control balance points. His tips help contractors design better systems and avoid performance issues during cold weather. Expect to Learn: What thermal and economic balance points mean in heat pump systems. How to calculate a balance point using load and capacity data. Knowing the thermal balance point helps avoid cold-weather failures. How the Sensi Touch 2 thermostat helps control backup heat use. Why balance point planning improves system performance and customer comfort. Episode Highlights: [00:00] - Intro to Jim Fultz in Part 01 [02:45] - Thermal vs Economical Balance Point Basics [08:58] - Real-World Dual Fuel Setup and Testing to -9.5°C [12:40] - Backup Heat Lessons and Understanding Balance Points [17:40] - Using Sensi Touch 2 to Set and Control Balance Points This Episode is Kindly Sponsored by: Master: https://www.master.ca/ Cintas: https://www.cintas.com/ Cool Air Products: https://www.coolairproducts.net/ property.com: https://mccreadie.property.com SupplyHouse: https://www.supplyhouse.com/tm Use promo code HKIA5 to get 5% off your first order at Supplyhouse! Follow the Guest Jim Fultz on: LinkedIn: https://www.linkedin.com/in/jimdfultz/ Copeland: https://www.linkedin.com/company/copeland/ Emerson: https://www.linkedin.com/company/emerson/ Website: Copeland: https://www.copeland.com/global Emerson: https://www.emerson.com/global Follow the Host: LinkedIn: https://www.linkedin.com/in/gary-mccreadie-38217a77/ Website: https://www.hvacknowitall.com Facebook: https://www.facebook.com/people/HVAC-Know-It-All-2/61569643061429/ Instagram: https://www.instagram.com/hvacknowitall1/
Today, I'm joined by a guest who's doing some really innovative things in the trades industry, Nate Keller, the Co-Founder and Chief Sales Officer of Free2Grow.Free2Grow is transforming how contractors handle customer communication by using AI-powered CSRs built specifically for home service businesses. Before launching the AI side, Nate and his team actually ran a live call center, so they understand firsthand what business owners really need on the front lines.In this episode, we dive into:How AI voice systems improve booking rates and customer experienceThe growing role of automation in HVAC, plumbing, and roofingLessons from transitioning from service to technologyThe future of AI and how contractors can leverage it for growthIf you're a contractor or home service business owner looking to scale smarter and stay ahead of the industry shift, this conversation is packed with actionable insights.Learn more about Free2GrowWebsite: https://free2grow.comFacebook: https://www.facebook.com/Free2GrowOfficial/Instagram: @free2growofficialConnect with Nathan KellerFacebook: https://www.facebook.com/nathan.keller1Linkedin: https://www.linkedin.com/in/nathankeller/Connect with Builders of AuthorityWebsite: https://buildauthority.comFREE Facebook Group: https://www.facebook.com/groups/7685392924809322BOA Mastermind: https://buildauthority.co/order-form-mastermindGoHighLevel Extended 30-day Free Trial w/TONS of Personal Branding Bonuses: http://gohighlevel.com/adammcchesney
Scott Harkins, VP of Sales for Resideo, explores how Resideo is addressing HVAC contractors' three biggest challenges with its latest smart solutions. Sponsored by Resideo.
Service Business Mastery - Business Tips and Strategies for the Service Industry
Learn how to automate tasks, save time, and increase your profit. No Coding required!
In this episode of ON AIR, hosts Joe Jones and Dave Chatmon are joined by Technical Training Manager Doug Smiley to explore how the BuildATech Friends and Family program is transforming lives and strengthening the HVAC industry. From tackling the technician shortage to sharing stories of perseverance, mentorship, and career discovery, this conversation highlights how one idea grew into a nationwide movement that connects people to meaningful, hands-on careers.You'll hear how Lennox trainers and dealers are helping everyday people, from recent graduates to career changers, find purpose, confidence, and long-term success in the trades. It's an inspiring look at how investing in people not only builds technicians—it builds the future of our industry.ON AIR is a Lennox Learning Solutions Production.
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In this engaging episode of the HVAC Uncensored Podcast, Gil has an in-depth conversation with Matthew Haggard from Jackson Systems. Matthew provides detailed insights into their innovative AirLink program. This groundbreaking initiative simplifies the indoor air quality (IAQ) sales and restocking process, making it more efficient and accessible for your HVAC business. Throughout the episode, we'll delve into how this program not only streamlines operations for companies but also enhances homeowners' experiences and benefits, fostering healthier living environments and greater customer satisfaction. Check out the Live Video Podcast @ https://youtube.com/live/q3XIUsHubXQ?feature=share =====Don't Forget To Follow The Podcast On Social Media To Stay Up To Date======= The easiest way to find all links is to go to https://www.hvacuncensored.com or https://www.poplme.co/hvacuncensored *****Please Show Some Love To The Amazing Show Sponsors/Partners******* YELLOW JACKET https://www.yellowjacket.com COMPANYCAM https://www.companycam.com/hvacuncensored GET A FREE 14-DAY TRIAL, THEN 50% OFF YOUR FIRST 2 MONTHS HVAC TACTICAL https://www.hvactactical.com USE DISCOUNT CODE (HVACUNCENSORED) & SAVE 20% ON YOUR ORDER HOUSECALL PRO https://www.housecallpro.com/hvac-uncensored/ VETO PRO PAC https://www.vetopropac.com/ HOMEPROS https://www.readhomepros.com CAMEL CITY MILL https://www.camelcitymill.com/UNCENSORED10 USE DISCOUNT CODE (UNCENSORED10) & SAVE 10% ON YOUR ORDER LOKAL https://www.lokalhq.com JACKSON SYSTEMS https://www.jacksonsystems.com FIND ALL HVAC UNCENSORED MERCH AT https://www.hvacuncensored.com/
Send us a textShoulder season has a way of telling the truth. When the weather stops handing you leads, response-based digital channels cool off, and the real drivers of growth—outbound effort and tight operations—step into the spotlight. We walk through a practical playbook for HVAC, pest, and home service pros to build demand on purpose, not by accident, and to convert more of the calls they already get.We break down the three-bucket framework—call-to-action, brand, and cultivation—and explain why that third bucket is the force multiplier most teams ignore. You'll learn how to spin up rehash programs, text and voicemail campaigns, and membership-driven maintenance that keep trucks rolling in mild weather. We also dig into content discipline and local visibility, showing how simple, consistent publishing outperforms perfectionism and one-off promos. Tools like CHIRP and emerging platforms help, but process and cadence matter more than the logo on your software.Then we zoom into operations: booking rate by source, revenue per lead, technician close rates, and membership conversion. If your CRM and call tracking can't tell you where revenue starts and ends, you're guessing. We talk budgets that match capacity, pricing that supports profit, and leadership habits that prevent slow-season panic. This is an honest roadmap to align marketing with operations so every lead is booked, every visit is maximized, and every campaign is measured.If you're ready to turn a slow month into a systems win—and to plan proactively for 2026 with brand clarity, vendor selection, and a real budget—this conversation is your cue. Subscribe, share with a friend who needs a nudge, and drop a review telling us your best shoulder-season tactic. Your next busy season starts with what you put in place today.If you enjoyed this chat From the Yellow Chair, consider joining our newsletter, "Let's Sip Some Lemonade," where you can receive exclusive interviews, our bank of helpful downloadables, and updates on upcoming content. Please consider following and drop a review below if you enjoyed this episode. Be sure to check out our social media pages on Facebook and Instagram. From the Yellow Chair is powered by Lemon Seed, a marketing strategy and branding company for the trades. Lemon Seed specializes in rebrands, creating unique, comprehensive, organized marketing plans, social media, and graphic design. Learn more at www.LemonSeedMarketing.com Interested in being a guest on our show? Fill out this form! We'll see you next time, Lemon Heads!
Top Stories for October 28th Publish Date: October 28th From the BG AD Group Studio Welcome to the Gwinnett Daily Post Podcast. Today is Tuesday, October 28th and Happy Birthday to Julia Roberts I’m Peyton Spurlock and here are your top stories presented by KIA Mall of Georgia. SPARC, Motel to Home help homeless single-parent families get back into housing E-SPLOST headlines countywide ballot — but faces challenges Gwinnett police chief pushes back in Peachtree Corners debate All of this and more is coming up on the Gwinnett Daily Post podcast, and if you are looking for community news, we encourage you to listen daily and subscribe! Break 1: KIA Mall Of Georgia STORY 1: SPARC, Motel to Home help homeless single-parent families get back into housing Life hit Faith Busano like a freight train. “The day we moved into our last apartment, I lost my job,” she said. Originally from California, Faith, 32, had bounced from Michigan to Georgia, trying to find stability for herself and her two daughters, 3-year-old Love and 13-year-old Harmoni. But things kept falling apart. Family couldn’t help. The apartment didn’t work out. And when the job disappeared, so did their home. They ended up in an extended-stay motel—what was supposed to be a temporary fix. But weeks turned into months, and the motel became a trap. Her toddler’s energy was endless, her teen was struggling with mental health, and Faith herself was barely holding on. She worked customer service, drove for DoorDash, styled hair—anything to scrape by. But the grind was relentless. Then, one day, a flier changed everything. The motel was handing out groceries, and someone slipped her information about SPARC’s Motel to Home program. It felt like a lifeline. SPARC, led by Joy Monroe, helps families like Faith’s escape the cycle of extended-stay living. The program covers deposits, first month’s rent, and helps families transition into stable housing. But it’s not easy—there are requirements, and families have to actively work toward qualifying. Faith did the work. She found an apartment within her budget, got approved, and finally moved in. Monroe, who started SPARC to support single moms like herself, knows the struggle all too well. Faith is still rebuilding—working toward her medical assistant certification, dreaming of opening her own business someday. But for now, she’s just grateful to have a place to call home. STORY 2: E-SPLOST headlines countywide ballot — but faces challenges This fall, Gwinnett voters have plenty to decide, but nothing’s stirring the pot quite like the E-SPLOST referendum. Here’s the deal: Gwinnett County Public Schools and Buford City Schools want to extend the 1% sales tax for another six years, aiming to rake in $1.47 billion—most of it ($1.44 billion) for GCPS. The money would go toward maintaining aging schools (average age: 24 years), fixing roofs, replacing HVAC systems, and even funding a new career and technical education center. Safety upgrades and Chromebooks? Also on the list. Supporters say it’s essential. Opponents? They’re calling out wasteful spending—like a $7 million church purchase with no clear plan. Turnout’s been dismal so far—just 1.7% of voters have shown up. Maybe it’s the confusion of needing multiple ballots in some areas. Or maybe people just aren’t paying attention. Either way, the stakes are high. STORY 3: Gwinnett police chief pushes back in Peachtree Corners debate Nancy McGregor doesn’t see the point. The Peachtree Corners resident has been a supporter of the Gwinnett County Police Department for years, and after attending a community meeting with Police Chief J.D. McClure, she’s even more convinced: the city doesn’t need its own police force. “When you’ve got an elite department like Gwinnett’s—with their training, resources, and expertise—why would we try to replicate that?” McGregor said. The meeting, held at Peachtree Corners Baptist Church, was the first time residents heard directly from county police about the city’s proposal to break away and form its own department. McClure didn’t hold back. Crime in Peachtree Corners? Down across the board. Robberies dropped 40% this year, assaults 41%, and commercial burglaries a staggering 66%. But it’s not just about crime stats. McClure laid out what the city would lose: specialized units like SWAT, K9, and Behavioral Health, plus the county’s ability to surge officers during emergencies. Residents like Paul La Motte left the meeting impressed. “I’ve always been against the idea of a city police department, but now? I’m even more confident Gwinnett’s got this.” McGregor agreed. “Hearing their side just confirmed it for me. They’re doing a great job.” We have opportunities for sponsors to get great engagement on these shows. Call 770.874.3200 for more info. We’ll be right back Break 2: Ingles Markets STORY 4: Rotary joint manufacturer maierAMERICA marks 25 years in Gwinnett Back in 2000, Germany’s Christian Maier GmbH & Co. KG decided to plant roots in the U.S., and they picked Gwinnett County as their home base. Fast forward 25 years, and their subsidiary, maierAMERICA, is still here—thriving, growing, and making waves in the Norcross area. This week, the company celebrated two big milestones: 25 years in Gwinnett and 100 years since its parent company’s founding. The company’s growth has been impressive. Just last year, they tripled their space to 20,500 square feet. Gwinnett County Commission Chairwoman Nicole Love Hendrickson marked the occasion with a proclamation, calling maierAMERICA’s success a testament to the county’s role as a hub for international business. German Consul General Melanie Moltmann and other officials echoed the sentiment, celebrating the deep ties between Germany and the U.S. STORY 5: Georgia Supreme Court upholds conviction from fatal DUI in Gwinnett Victor Allen Smith’s conviction is sticking. The Georgia Supreme Court unanimously upheld the 2023 verdict that found Smith, 59, guilty of killing 22-year-old Hugo Natanael Martinez while fleeing a state trooper in Gwinnett County. Smith, who was sentenced to life in prison, had argued that evidence about his 18-year license suspension unfairly swayed the jury. But the court didn’t buy it, ruling the evidence against him was overwhelming. Back in March 2022, Smith was clocked speeding over 80 mph on I-85—then hit 120 mph trying to outrun the trooper. Martinez, standing by his truck on the shoulder, sadly never stood a chance. Smith struck him, sending him over a retaining wall. STORY 6: ART BEAT: Nocross Gallery's 'Shapes' fundraiser features artists in a friendly bidding war The bidding’s still going strong at Norcross Gallery and Studios! Their annual fundraiser, “Norcross Shapes,” runs through Nov. 2 at 2 p.m., and it’s a must-see (and bid) event. This month-long auction, which kicked off Oct. 5, supports everything from artist programs and community outreach to high school exhibitions and ongoing classes. The best part? You can either outbid the competition or pay the “full price” to snag your favorite piece on the spot. The artwork is as diverse as it gets—paintings, pottery, jewelry, even gift baskets. And the stories behind the pieces? Just as colorful. This year’s auction has no size limits, so expect everything from tiny treasures to statement pieces. Swing by the gallery at 116 Carlyle Street in downtown Norcross, open Thursday through Saturday, 11 a.m. to 4 p.m. Don’t miss it! STORY 7: Gladiators Legend: ECHL Hall of Famer Cam Brown Dies at 56 When the Gwinnett Gladiators needed a leader back in 2003, they found one in Cam Brown. Fresh out of retirement, the Canadian left winger joined the brand-new Duluth-based team, bringing grit, heart, and a lifetime of hockey experience. Over three seasons, he became the face of the franchise, leading them to a Kelly Cup Final and scoring the first goal in team history. On Sunday, fans and friends were devastated to learn Brown had passed away at just 56, reportedly in a motorcycle accident. Brown’s No. 44 jersey hangs in the rafters, a permanent reminder of his impact. He’s the only Gladiator in the ECHL Hall of Fame, a league he helped shape with 789 games, 206 goals, and 2,425 penalty minutes. Old school? Absolutely. But that’s what made him special. Brown leaves behind his wife, two children, and a legacy that stretches far beyond the rink. We’ll have closing comments after this Break 4: Ingles Markets Signoff – Thanks again for hanging out with us on today’s Gwinnett Daily Post Podcast. If you enjoy these shows, we encourage you to check out our other offerings, like the Cherokee Tribune Ledger podcast, the Marietta Daily Journal, or the Community Podcast for Rockdale Newton and Morgan Counties. Read more about all our stories and get other great content at www.gwinnettdailypost.com Did you know over 50% of Americans listen to podcasts weekly? Giving you important news about our community and telling great stories are what we do. Make sure you join us for our next episode and be sure to share this podcast on social media with your friends and family. Add us to your Alexa Flash Briefing or your Google Home Briefing and be sure to like, follow, and subscribe wherever you get your podcasts. 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In this special re-release of Owned and Operated, John Wilson sits down with AJ and Noah of Premier Home Pros to unpack how they went from a dining-room-table idea to $15M in year one, $86M in year two, and a national rollout—without taking on debt. They break down the sales system, affiliate-led demand gen, installer model, and the ops math behind a ~46-day greenfield payback. If you're scaling a home service business, this is the blueprint.You'll hear the real numbers: 91% demo, 82% close in month one for $557k, why they switched from acrylic to engineered stone to lift average ticket from $11.7k → $18.3k+, how they opened 9 locations by end of 2024, and the org/game plan to chase nine figures—profitably.
What if your next short-term rental deal isn't failing because of the numbers… but because of your reviews?In this episode of Cash Flow Positive, Kenny Bedwell digs into the “curse” of review-driven real estate—how guest expectations, property condition, and first impressions can quietly make or break your returns. He breaks down the two sides of STR investing (real estate + hospitality), shares real-world examples from his own portfolio, and explains why operations and guest experience are just as critical as deal analysis.You'll learn what details guests really notice, how to find properties that support great reviews from day one, and the simple fixes that turn complaints into five-star ratings.If you want your short-term rental to outperform the market, hit play and start thinking like a guest, not just an investor.Timestamped Highlights[00:00] Why Kenny “hates” reviews 4and how they shape investor behavior[01:00] The two-headed monster of STR investing: real estate + hospitality[02:30] Why being a great host directly impacts revenue[04:00] How property age and updates influence guest satisfaction[06:00] Lessons from a historic 1860s home that became a five-star stay[09:00] The hidden cost of ignoring capital expenditures[10:40] When old systems (like HVAC) destroy the guest experience[12:00] How unfinished basements and outdated designs kill reviews[15:20] External factors: neighbors, privacy, roads, and power lines[20:00] Designing for privacy, accessibility, and comfort[23:00] How to impress guests from the moment they arrive[25:00] The power of small touches, like Kenny's ice cream bar idea[27:00] Why first impressions make or break your ratings[30:20] The link between five-star reviews and long-term revenueImportant LinksWant us to find the deals for you? https://strinsights.com Get Top Markers for STRs (2025) https://www.strinsights.com/top-investable-short-term-rental-markets-2025-reportInstagram – @kenny_bedwellYouTube – Cash Flow PositiveLinkedIn – Kenneth BedwellCash Flow Positive is an original podcast hosted by Kenny Bedwell. Brought to you by STR Insights and Podcast Your Brand. Production and editing by Podcast Your Brand
In this episode of the HVAC Know It All Podcast, host Gary McCreadie talks with Furman Haynes, Co-Founder of WorkHero. They discuss the challenges and rewards of starting and running a small HVAC business. Furman explains how new business owners often struggle with administrative tasks, financial management, and marketing. They talk about the importance of learning business practices while balancing fieldwork and how automation and processes can help owners save time and grow. Furman also shares how WorkHero supports small contractors with solutions to improve their business operations. Furman talks about the struggles small HVAC business owners face, especially with managing administrative work and finances. He explains how learning business skills while handling fieldwork can be overwhelming. Furman says that building strong processes and using automation can save time and help businesses grow. He shares how WorkHero supports contractors by simplifying tasks and improving business operations. His goal is to help owners work smarter, save time, and build successful, efficient businesses. This episode discusses the challenges of starting an HVAC business. Furman explains how new business owners often struggle with administrative tasks and managing finances. He shares how learning business practices while balancing fieldwork can be tough. Furman also talks about how processes and automation can help owners save time and grow their businesses. His focus is on helping new owners work smarter and build stronger operations. Expect to Learn: How small HVAC business owners can overcome administrative and financial challenges. Why balancing fieldwork with business tasks can be overwhelming for new owners. How automation and processes can save time and help businesses grow. Tips on managing business operations and improving efficiency with WorkHero. How building strong systems leads to smarter work and more successful businesses. Episode Highlights: [00:00] - Intro to Furman Haynes & WorkHero [02:28] - Starting a business in HVAC? Listen in [05:04] - Learning to run a business after the tools [07:54] - From tools to business: finding where to start [11:19] - Paperwork pain & helping small contractors scale [15:23] - Learning in steps & finding time to grow [18:24] - Efficiency, processes & automation in HVAC [22:10] - Podcast plans: business topics, guests, & WorkHero [26:19] - Wrapping up: what to expect & final thoughts This Episode is Kindly Sponsored by: Master: https://www.master.ca/ Cintas: https://www.cintas.com/ Cool Air Products: https://www.coolairproducts.net/ property.com: https://mccreadie.property.com SupplyHouse: https://www.supplyhouse.com/tm Use promo code HKIA5 to get 5% off your first order at SupplyHouse! Follow the Guest Furman Haynes on: LinkedIn: https://www.linkedin.com/in/furmanhaynes/ WorkHero: https://www.linkedin.com/company/workherohvac/ Follow the Host: LinkedIn: https://www.linkedin.com/in/gary-mccreadie-38217a77/ Website: https://www.hvacknowitall.com Facebook: https://www.facebook.com/people/HVAC-Know-It-All-2/61569643061429/ Instagram: https://www.instagram.com/hvacknowitall1/
Welcome back to The Viall Files: Going Deeper edition. Cancelled was just Cancelled… and we know you all have questions. Luckily, we have the one and only Brooke Schofield to share her side of the story. Who really is Brooke Schofield? What is her current relationship with Tana Mongeau? Is there a future for Cancelled? All that, and more... you won't want to miss it! “I open up YouTube, and I see my face on every thumbnail." Listen to Humble Brag with Cynthia Bailey and Crystal Kung Minkoff! Listen on Apple: https://podcasts.apple.com/us/podcast/humble-brag-with-crystal-and-cynthia/id1774286896 Watch on YouTube: https://www.youtube.com/@humblebragpod Listen To Disrespectfully now! Listen on Apple: https://podcasts.apple.com/us/podcast/disrespectfully/id1516710301 Watch on YouTube: https://www.youtube.com/channel/UCCh8MqSsiGkfJcWhkan0D0w Start your 7 Day Free Trial of Viall Files + here: https://viallfiles.supportingcast.fm/ To Order Nick's Book Go To: http://www.viallfiles.com Are you struggling with any sort of dating, relationship, or life dilemma? Do you want all the answers? Email asknick@theviallfiles.com with your question in the subject line to express interest in appearing on the show! To advertise on this podcast please email: ad-sales@libsyn.com or go to: https://advertising.libsyn.com/theviallfiles Thank You to Our Sponsors: Cymbiotika - Go to https://cymbiotika.com/viall to get 20% off plus free shipping. Bombas - Head over to https://bombas.com/viall and use code viall for 20% off your first purchase. Chime - Work on your financial goals through Chime today. Open an account in 2 minutes at https://chime.com/viall. Chime. Feels like progress. American Home Shield - American Home Shield can help protect your wallet when the items you rely on break down, like your HVAC, plumbing, electrical and appliances. If AHS can't repair your covered item, they'll replace it, no matter the age. Visit https://ahs.com/viallfiles to get 20% off any plan today and see promo details. The RealReal - The RealReal is the world's largest and most trusted resource for authenticated luxury resale. With thousands of new arrivals daily, no one does resale like The RealReal. And this month, you can get an extra $100 site credit when you sell for the first time. Go to https://therealreal.com/files to get your extra $100. Episode Socials: @viallfiles @nickviall @nnataliejjoy @brookeschofield