Learn or Be Learned

66. Mindful Real Estate Investing: Unlocking Success through Strategic Realtor Selection ft. Nithin Thomas and Ramu Velu (Miniseries 3/6)

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Join host Shiva Dhanasekar on Learn or Be Learned as he tackles the tough but exciting world of real estate investing mindset with a fantastic group of guests. In episode 3 of the miniseries, realtors Ramu Velu from Velu Holdings LLC and Nithin Thomas from Nithin Thomas Consulting Co. discuss everything potential homebuyers need to know to prepare for purchasing their next home.

From pre-qualification to the importance of putting down a significant down payment, the hosts cover it all. They even advise potential buyers to prioritize owning a home over a car! Throughout the podcast, they emphasize the importance of finding a good realtor who will guide the buyer in the right direction to make their dream home a reality. Don't miss out on this episode and many others like it to come on Learn or Be Learned!


Timestamps

[00:00:00] Real Estate Investing Mindset Mini-Series

[00:03:33] Navigating Prequalification for Home Buying

[00:06:53] Financing for Home vs. Car Purchase

[00:10:27] Benefits of 5% Down Payment on Conventional Loans

[00:14:12] Co-borrowers for loans and building credit

[00:17:37] Navigating Mortgage Loans and Realtors

[00:21:00] The Importance of Realtor Intentions

[00:23:59] Finding the Right Full-Service Realtor

[00:26:34] Choosing a Realtor Based on Experience and Qualifications


Notable Quotes

  • [14:03] You might have a parent that'll cosign the home for you. And what does that mean? That means they are a co borrower. If you fail to pay, they are liable to pay. - Ramu Velu
    • [17:42] Your FICO score, your Credit Karma, credit score are not the same level of scores that are gonna pull up when you apply for a mortgage loan. They use much stricter standards. - Ramu Velu
    • [25:13] Those who can ask you that 1 way that I find out if a realtor is really really, like, into into the thick and thin, is if you look at their shoes, if it's polished all the time, that could be an intention that it may maybe not may not be going out as much. If your shoes are dirty, that that could be also an intention. - Nithin Thomas
    • [26:10] This is typically it it sounds like this is the middle man. This is the person that is going to connect you with the dream that you're looking for. Right, with the expertise that they have. They're the ones that are kind of guiding you in the direction that you want to go, but don't know where to start. - Shiva Dhana
      • [28:49] If you're looking for your realtor to be your buddy, that is not a qualification for employment. Right? How buddy buddy you are with your realtor does not speak anything about the quality of the job that they're going to do or how well they will meet your needs. - Ramu Velu


          • Links to the Guests and Resources Mentioned (if any)

          ⁠⁠Ramu Velu's Instagram⁠⁠

          ⁠⁠Nithin Thomas Instagram ⁠⁠


          My Information

          Podcast Link Page: www.solo.to/shivadhana

          Instagram: ⁠⁠@shivadhana⁠⁠

          Email | ⁠⁠[email protected]⁠⁠

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          Apple Ratings & Reviews: ⁠⁠Click Here for Apple Podcasts⁠⁠

          Show Notes, Tips & More: ⁠⁠Click Here for Linkedin Page⁠⁠

          Contact Me or Be a Guest: ⁠⁠Click Here for Podcast Website⁠⁠

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          #LearnOrBeLearned #RealEstateInvestingMindset #HomeBuyingTips #RealtorRepresentation #CreditScore #MortgageApplication #CreativeFinancing #ConventionalLoan #CoBorrower #QualityService #FindingTheRightRealtor #FullServiceAgent #VettingProcess #Experience #Qualifications #CommunicationStyle

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          Learn or Be LearnedBy Shiva Dhana | Dhana Studios
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