Deposit That

Back in the days, you could still have the American Dream, have an education and greater opportunities, even though you were born in unlucky circumstances.

Now, that doesn’t happen because there are so many blocks, and everything starts with the lack of funding towards education. Today, it’s really challenging to raise a child, even if you are a dual-income earning family.

So what needs to be changed?

On today’s episode, Teru and I discuss our children’s future. We touch on the biggest problems in schooling in America, we make comparisons between the Japanese and the American schooling system, and we discuss the reasons nowadays, why children are sent to school.

Teru Clavel is a comparative education expert and author. She has written columns on education for the Japan Times and the Financial Times, and has made appearances on numerous TV and radio shows, and podcasts. Teru spent a decade raising her family in Asia (Hong Kong, Shanghai, Tokyo) and has a BA in Asian studies and an MS in comparative international education. After two years in Palo Alto, CA, she has recently returned to live in New York with her family.

So, listen to Episode 16 of Deposit That, to find out Teru’s views on education after she traveled the world in search of a better schooling system.

Questions I ask:

• Start from the beginning. Who are you? (00:00:34)
• Tell us about this book you have out. When did it come out? (00:08:22)
• Do your kids speak multiple languages? (00:09:13)
• I feel like you want to change the overall curriculum and education experience in America. Is that your number one priority right now? (00:46:06)
• How do we get parents to actually parent their children? (00:54:21)

In this episode, you will learn:

• The biggest problems today in schooling in America. (00:15:26)
• How people become teachers in Japan, in comparison to America. (00:20:44)
• How Teru would implement discipline to the different age groups. (00:41:31)
• What opportunity zones are and how they influence education. (01:02:15)
• Teru’s Deposit That advice. (01:06:37)

Connect with Teru:

• Book: World Class: One Mother's Journey Halfway Around the Globe in Search of the Best Education for Her Children
• LinkedIn
• Instagram
• Facebook
• Website

Hosted on Acast. See acast.com/privacy for more information.

Art comes in many forms. It can be a therapeutic way of expressing your emotions, your thoughts in a unique way, and it can be inspired by so many aspects of anyone’s life.

For Andrew, art means drawing on dictionaries and maps, and his imagination flows from images and videos posted on social media.

On today’s episode, he explains his art, and why he felt the need to be original, creative and have his own style.

Andrew Chavers Jr. is a self-taught artist. He started drawing since he was nine years and his inspiration back then were cartoon characters. As time went by, he started drawing landscapes and other things that were required in school.

Andrew always wanted to stay in his lane and not do other people’s things, so he came up with drawing on maps and dictionaries. He has a full-time job, he is a husband and a father of two children, but he always finds time to take care of his hobby.

So, listen to Episode 15 of Deposit That, to find out about a unique style of art and about the man that came up with it.

Questions I ask:

• Tell me about how you got started in this talented field that you've created for yourself. (00:21)
• Do you remember that pivotal moment where you decided to take it to the next level? (01:34)
• Do you ever see this becoming a full-time gig for you? (06:07)
• Where did you come up with this dictionary portrait style highlighting? (06:41)
• Have you seen anyone else with the same style? (15:14)
• What's your favorite type of artwork to create? (19:37)
• How do you pick and choose who you follow on Instagram? (27:36)

In this episode, you will learn:

• Who was the first person that bought Andrew’s work, and what’s the story behind it. (02:52)
• How Andrew balances his work, personal life, and his drawing hobby. (05:44)
• Andrew’s advice on how to stay humble when you get successful. (13:04)
• Andrew’s favorite piece he’s ever done. (26:02)
• The meaning of “Art is war”, in Andrew’s opinion. (24:59)
• Andrew’s Deposit That advice. (30:56)
• The cost of a customized piece of art. (31:49)

Connect with Andrew:

• Instagram

Hosted on Acast. See acast.com/privacy for more information.

One of the most important things in business has always been relationships and people tend to forget how valuable they are.

From 2009 to 2012, a lot of appraisal guidelines, rules and requirements were changed to make it harder for lenders and real estate professionals to do business.

On today’s episode, I have four guests that share their vast, 40-year experience in the appraisal industry.

Andy Lazev is the co-founder of Nationwide Property & Appraisal Services. As the CEO of Nationwide, Andy manages the technical and operations direction of the Company, providing strategic guidance on process and system development and the development of internal quality and compliance standards.

Haley Freedman is a second-generation Certified General Appraiser, with 40 years of experience in the industry. Professional education includes numerous appraisal courses taught by the Appraisal Institute and the Society of Real Estate Appraiser. Haley has received several awards from employers and peers over the years and is regarded as a leader by many in the industry.

Mike Moore has been in Lending and Lending services for his entire career. Spending his first five years as a loan officer for a top ten retail organization, he then moved to the vendor management department and eventually went on to run operations at multiple Appraisal Management Companies. Joining NPAS in April 2018, Mike has been focused on growing the sales and account management teams by 80% and rolling out new, innovative products to ensure NPAS maintains its position as a leader in the valuation space.

So, listen to Episode 14 of Deposit That, an episode filled with valuable pieces of advice from people that know their business inside out.

Questions I ask:

• How do you, personally, as an owner of a company maintain loyalty, where your core people have been there and they're loyal to you and they have your back? (12:49)
• Do you believe that technology is going to replace a lot of your staff at some point? (16:22)
• Should somebody who inherits a property or should somebody who is thinking about selling a property get a private appraisal before speaking to a realtor, in your opinion, or is it almost like, "Why do that"? (22:03)
• Are you looking to take on new clients as well, as far as mortgage companies, banks, and everything? Are you guys actively searching? (32:48)
• I'm sure since you've been around 40 years, you've been offered bribes, I'm sure many people have called up and said, "Hey, I need this valuation." How do you prevent the desperation from controlling the outcome? (50:58)
• How much weight do you put on a local expert appraiser or valuationist? (56:27)
• In your 40 years of experience, what's been the two toughest times for you in the appraisal world? (01:04:41)
• In both of you, gentlemen's opinion, what's one thing you would leave somebody with after hearing you guys speak or based on your experience in the business? (01:06:44)

In this episode, you will learn:

• The hurdles with compliance in the appraisal industry. (18:38)
• Andy’s advice for you, to deposit in your memory bank. (37:54)
• The biggest mistakes that people make, when they’re giving estimate valuations of their property. (42:53)
• The flaws of Zillow. (44:30)
• How younger people get trained in the industry and how they learn to do business. (53:01)
• The biggest hurdle, from an appraisal standpoint, in today’s current economic environment. (58:02)
• Where the market is headed right now. (01:05:16)

Connect with The Nationwide Property & Appraisal Services team:

• Website

Andy Lazev:

• LinkedIn
• Email: [email protected]

Mike Conte:

• LinkedIn
• Email: [email protected]

Mike Moore:

• LinkedIn
• Email: [email protected]

Haley Freedman:

• LinkedIn
• Email: [email protected]

Hosted on Acast. See acast.com/privacy for more information.

To really succeed in business, you need to understand the rules before you play the game.

Jeff thinks that everyone, no matter the field they’re in, should go through that 36-48 months grind, 24/7, sacrificing everything for the end goal, to really get the hang of it.

On today’s episode, you are going to find out more about your host, Jeff VanNote, in a funny and engaging conversation about the mortgage business, about work-life balance, about parent-child relationship and so much more!

Jeff VanNote has navigated through every cycle of the mortgage industry. Starting during the depths of the financial crash of 2008, he has continuously built his business on relationships and word-of-mouth referrals over the last 10 years. He has made a name for himself in closing what is said to be the most impossible deals in both the residential and commercial lending industries. He has been successful in making the "impossible" possible by giving hope to those who never thought they would be approved for a mortgage the chance to be homeowners.

Jeff passionately works towards the happiness of his clients and is diligent and patient in explaining the mortgage process.

So don’t miss Episode 13 of Deposit That, to learn why a large network is crucial to your business and how you can widen it in order to make a name for yourself.

Questions I ask:

• What made you get into the residential mortgage business? (00:21)
• What is the funniest story that you could remember from early on in your career? (10:48)
• What is your advice to anyone that wants to make a name for themselves in the business at an early age? (13:53)
• People like to say, "You're the average of your five friends." Do you believe that? (19:31)
• What do you think are the main problems today, in business? Specifically in mortgage lending and real estate business? (21:07)
• How did you learn the mortgage business at such an early age? What was your strategy to go out and get business? (39:37)
• Do you believe that residential mortgage business is a life-long career? (49:23)
• We all know that you like nicknames. How did you get the nickname "The Closer" and how did that evolve into "The Mortgage Quarterback?" (55:17)

In this episode, you will learn:

• The importance of having an office culture. (15:47)
• Jeff’s strengths and weaknesses in business. (16:50)
• Why Jeff refers to some people as being dinosaurs. (32:12)
• Jeff’s work-life balance then, and now. (36:12)
• The future of the mortgage business. (41:44)
• Why Jeff doesn’t believe in business plans and resumes. (52:24)
• The purpose of Jeff’s book, “The Mortgage Playbook for Millennials”. (01:00:12)
• Jeff’s advice for you to deposit in your memory bank. (01:11:21)

Connect with Jeff:

• LinkedIn
• Facebook
• Youtube Channel
• Medium
• The Mortgage Quarterback website
• Commercial Mortgage NY

Resources:

• Book: The Mortgage Playbook for Millennials

Hosted on Acast. See acast.com/privacy for more information.

In the world we live in today, there is immense pressure on women in business, from every direction so their tendency is to think they are not worthy or they are not able to measure up to whatever it is on the social media or on TV. They are not always aware of the advantages they have over men, when it comes to reaching out to people, start a conversation and in the end, make a sell or reach their goals.

Laura is a successful woman that has never thought there was a difference between a man and a woman. In her mind, she is doing a job, she’s trying to reach a goal and she is working towards something and the only one that could limit her is herself.

On today’s episode, Laura and I talk about how all the women should be more confident in their skills. We also touch upon the mortgage industry and how currently there is a bad culture that needs to be changed and what can be done in that direction.

Laura Brandao is the President and the only woman partner of AFR. Armed with two decades of experience, determination, and belief in herself, Laura started AFR Wholesale in 2007 and she had her high heel in the door and never turned back. She started as the Director of Operations, in 2009 she became a partner, she quickly rose to EVP followed by COO and now the President. In April 2018 Laura underwent a transformation when she started to write a book. As she detailed out her story, she realized that most of her success both personally and professionally was due to a “say yes everyday” mindset.  So, she started to test the theory and as each day began, she would open her mind and say YES.

The biggest thing that Laura has learned is that if you go into every situation with no preconceived notions or expectations you can do ANYTHING.

So, listen to Episode 12 of Deposit That, to learn why it’s important to support the younger generation and to show them that it all starts with believing in themselves.

Questions I ask:

• What do you do from a loyalty standpoint as an owner to maintain that loyalty and command the loyalty? (25:40)
• Did you ever feel like you were used by any of your employees or sales rep? (27:08)
• Why do you believe, in particular, the mortgage business has attracted so many of the wrong people - the greed, the envy? (32:26)
• Dinosaurs in the industry. Talk to me about them, their problems, how long you see before they go extinct and their unwillingness to change? (44:23)
• What's one thing you want listeners to take away from this show? (54:48)

In this episode, you will learn:

• About Laura’s background – how she got into the mortgage business. (00:49)
• Laura’s advice for women of all age and groups. (05:46)
• The psychology behind people’s negative reactions. (12:07)
• The advantages and downfalls of women in business. (13:40)
• About the culture of family that she has created at work. (23:54)

Connect with Laura:

• LinkedIn
• Facebook
• American Financial Resources Facebook Page
• AFR Wholesale Website

Hosted on Acast. See acast.com/privacy for more information.

Have you thought of playing the real estate game? What about buying a home or investing in new developments?

If you want to make a better decision for yourself or to know where the next big change is going to be, you really need to understand the economics of the world, the reasons behind every past change, and you have to know your numbers, because real investors know the gameplay.

On today’s episode, my guest is Mirza Avdovic, with whom I talk about the new trends in the real estate market of New York.

Mirza is an avid sports enthusiast who played football, basketball, and tennis competitively in high school and college. He enjoys channeling his desire to win by understanding his client’s wants and translating them into tangible results. He has helped foreign and domestic clients navigate the complex real estate world of New York City. During this short span of time, Mirza has developed a stellar reputation of building close connections, maintaining close communication and for consistently surpassing his client’s expectations.

So, don’t miss Episode 11 of Deposit That, to see what are the most wanted areas in New York for new developments, to learn all about Astoria market, and to get some valuable advice on property from a former REBNY Rookie of the Year.

Questions I ask:

• Tell us about you being young and you getting it in the hottest real estate market probably in the country. (00:42)
• What advice, right now, based on what you're seeing in the New York City marketplace do you have for developers looking to now acquire new development sites? (05:28)
• Where you've seen money come in from, right now? (12:23)
• In real estate, people win and unfortunately, people lose - In your opinion, over the next 12-18 months, who loses? (28:02)
• What's your theory or what plan would you implement to feel the vacant storefronts? (30:17)

In this episode, you will learn:

• How Mirza is currently analyzing a deal. (07:26)
• About the Amazon Deal – how it failed and what is Mirza’s opinion on it. (17:34)
• How the new real estate market laws are going to negatively impact the overall New York City real estate market. (24:23)
• About the homelessness in New York City and how that can impact the sales of luxury spaces. (31:59)
• Mirza’s deposit that advice to first-time buyers and developers on why it’s important to understand the economics of the world. (34:28)

Connect with Mirza:

• LinkedIn                             
• Facebook Page
• Compass

Hosted on Acast. See acast.com/privacy for more information.

One of the advantages of working in real estate is that you are not tied to a 9 to 5 schedule - you still work every day but you can make your own schedule. That’s why a lot of people are now turning their heads towards this career path. Plus, passing the realtor exam and getting your license is really easy.

But not everything is as good as it sounds. With so many people becoming realtors, the competition is harsh, and you have to differentiate yourself from the others in order to be successful. 

On today’s episode, Kyra shares with us her journey so far in the real estate industry and she talks about developing a career without learning it in school.

Kyra Huxel is a realtor associate at Berkshire Hathaway HomeServices Hudson River Properties. She is super passionate about homes and from a young age, she loved going to open houses with her dad. Kyra officially got into real estate at 21 years old and although she’s only 25 now, she knows her way around properties.

One of her biggest qualities is being a very honest realtor – she wouldn’t tell you to purchase something she wouldn’t purchase with her own cash.

So, listen to Episode 10 of Deposit That to learn how accumulating experience in multiple areas of work, can benefit your career more than spending years going to college.

Questions I ask:

• Tell us a little bit about how you got into real estate. (01:37)
• Do you feel like, because the market has shifted a little bit in the rental market, are landlords now starting to pay the broker fees? (15:31)
• Do you continue to see rent prices come down? (17:20)
• What do you do with that person that can afford to buy but chooses not to and rents a luxury apartment? (19:40)
• What's one thing you want to leave the listeners with, that they can deposit that to their brain? (57:18)
• If someone's ready to give up right now, but they're listening to you, what's the one thing that you want them to know? (57:42)

In this episode, you will learn:

• How Kyra came up with her Instagram name. (00:32)
• The advantages and disadvantages of renting in one place and buying cheaper somewhere else. (26:06)
• The trouble with owners that rent their place through Airbnb. (27:37)
• How Kyra manages to balance work and personal life. (33:16)
• How career can be impacted by relationships and vice-versa. (39:17)

Connect with Kyra:

• Instagram
• LinkedIn
• Facebook Page

Hosted on Acast. See acast.com/privacy for more information.

“Regardless of what you're trained for, you can do a lot of different things in life.”

This is the motto that Michael Beattie followed his entire life and he indeed changed careers from detailing to the fashion industry and to the hedge funding and hard money space, without letting anyone put any boundaries in his way. In his opinion, every deal is a story and every trade is different.

On today’s episode, my guest is Michael Beattie, Partner and Chief Investment Officer at Tradex Realty. He focuses his time on creating portfolios with specific strategy and performance targets. He’s been a successful private investor for over 30 years, managing family fund of hedge funds including long/short equity, derivatives, index hedging and commodity futures.

In this episode, Michael and I discuss his evolution throughout his lifetime, his professional experience and his methods of getting things done. He shares valuable advice for young people who want to enter the trading space and also, the business strategies that have worked for him.

So, listen to Episode 9 of Deposit That, where we discuss the past, the present and the future of the market.

Questions I ask:

• Talk to us about your evolution from Eastchester to fashion and to Hedge funding. (00:02:36)
• You are very disciplined and very structured. What do you attribute that discipline to? (00:12:40)
• What would you say was the defining moment in your career that really took you from being with the masses and put you on that all-star level? (00:15:00)
• What advice would you have for somebody that wants to get into the hedge funds space? (00:25:53)
• Have you ever made a decision out of desperation, before in your life, personally or professionally, that you regret? (00:48:03)
• When you ignore the crowd and you eliminate the noise, what's the one thing you want people to take away? (00:58:51)

In this episode you will learn:

• How Michael managed to pay for his college with his first business. (00:05:25)
• About Michael’s trading style. (00:22:41)
• Which were the best trades Michael has ever made. (00:30:43)
• The reasons why it’s harder for young traders to enter the trading business. (00:31:06)
• About Michael’s experience in the hard money space. (00:39:09)
• Michael’s view on real estate and equities for the next 24 months. (00:55:10)

Connect with Michael:

• Tradex Realty website
• LinkedIn

Hosted on Acast. See acast.com/privacy for more information.

Everything starts with passion. With that as a platform, you get to cement what you are going to achieve.

We should all be able to go to bed every night, knowing that we’ve done the right thing and we have helped someone change their lives.

Everybody needs to make money for living, but this is not a priority.

The priority is making sure that people are not taken advantage of.

We have to care for people, no matter the business we are in.

On today’s episode, I talk with Ban Leow about the new trends and topics in the real estate market and also, what it takes to be competitive in this industry.

Ban Leow always had a passion for real estate. He entered the business in 2004, but in 2008 took a break from real estate, and opened his own business in the furniture industry, which was another passion of his. In 2014 Ban got back in the real estate game, and he is now a dominant force in an extremely competitive and ultra diverse market.

So, whether you’re a buyer, a seller or an agent, listen to Episode 8 of Deposit That, and learn about the real estate business from someone who's taken over one of the hottest markets in New York City.

Questions I ask:

• What does the market being scary mean to you? (07:33)
• Do you believe the market is artificially inflated? (13:26)
• As a professional, how much time, in a respectful manner do you give between returning someone's phone call, text or email? (17:51)
• At what point do you take full control and stop playing games with people that don't know how to play the game? (19:15)
• Do you believe an agent should or should not show a property based on their commission split? (26:01)
• What gets you up every morning? What makes you tick? (34:19)

In this episode, you will learn:

• The records that Ban broke. (05:28)
• Ban’s strategy as a seller. (10:04)
• The biggest topics in the real estate market right now. (19:51)
• Gentrification in the real estate business. (28:38)
• One thing to take away from Ban’s life experience. (37:06)

Connect with Ban:

• Email: [email protected]
• Phone Number: (718) 613-2039

Hosted on Acast. See acast.com/privacy for more information.

Hey, can I pick your brain? 

Just about every attorney hears this phrase over and over again. Actually, roughly 70% of an attorney’s work ends up being pro bono, with 30% being profitable work. 

For Jeana Pinto, she doesn’t mind this so much when she’s spending time in her community. Giving out legal advice, for her, plays a significant role in connecting with others and cultivating long-term relationships. After all, in this business, building real relationships with people is absolutely crucial. 

On today’s episode, I’m here with my friend Jeana Pinto. She’s a New York Real Estate Lawyer. She’s been practicing real estate for 12 years and has a real passion for it. Her job exposes her to learn about people, communities, and life in general. She’s worked as a broker, owner, investor, purchaser, and seller, in order to learn all aspects of real estate and to understand the emotions that come into play on all sides. 

In this episode, Jeana and I discuss how she became a lawyer, and all about her experience as a woman in what is currently a male-dominated industry. She shares thoughtful advice for women coming into the workplace right out of college, practical tips for first-time homebuyers, and some insight into what a day in the life of a real estate lawyer looks like. 

So listen to episode 7 of Deposit That, where we discuss all aspects of the legalities of real estate, and what the life of a real estate lawyer looks like. 

Questions I ask: 

• How did you become an attorney? (0:44)
• Did you ever feel that you were at a disadvantage? (2:58)
• What advice do you have for women who feel like they can’t compete? (5:09)
• How important is it to have actual relationships in this business? (15:27)
• What’s your advice for first-time homebuyers? (27:32)
• What’s your advice for young women that want to become an attorney? (35:30)

In this episode, you will learn: 

• How Jeana gains respect in her job. (3:48)
• Why it’s important to pick your battles at work. (9:58)
• How Jeana deals with clients’ unrealistic expectations in this day and age. (18:34)
• What 3 things first-time homebuyers need upfront to be successful. (27:50)
• How to quiet the noise that overwhelms first-time homebuyers. (31:59)
• How Jeana balances her work and life. (39:36)

Connect with Jeana: 

Jeana Pinto, Esq.

Hosted on Acast. See acast.com/privacy for more information.