Easy Money New England

NewFed’s Brian Damico welcomes Marco Santarelli to discuss finding successful investment properties. The topics include:

Marco has a popular podcast on iTunes – Passive Real Estate Investing

His website is noradarealestate.com

Marco helps investors find properties

They are in 21 markets

They specialize in residential property

What is a turnkey investment?

Are some markets better than others?

What is passive real estate investing?

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Dwight Kay to discuss Delaware Statutory Trusts. The topics include:

Delaware Statutory Trusts (DST) are available to people with a net worth of over $1m not including primary residence

The DST holds investment properties

How do 1031 exchanges work with DSTs?

DSTs allow people to diversify by asset, tenant and geographic

A DST is a security

Dwight’s company is Kay Properties & Investments

The company’s website is www.kpi1031.com

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Clayton Morris to discuss The Freedom Number. The topics include:

Clayton discusses The Freedom Number and how to calculate it

Clayton’s website is www.morrisinvest.com/freedom

Lots of free tools on the website

Cash flow is king

Most people don’t have a handle on their expenses

If you select the right properties, they should help weather any recession

How to pay off your mortgage in 5 years

Home equity line of credit (HELOC)

Mortgage acceleration programs

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Justin Jarboe to discuss the real estate market in the Worcester area. The topics include:

3 different types of investors

Worcester has a lot of colleges, so it provides good rental property opportunities

Capital gains on real estate sales

Most rental properties are 3 bedrooms

Rents are skyrocketing in Worcester

Low vacancy

Justin’s website is sellwithjustin.com

Don’t over leverage yourself

Private financing

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Paul Moore from The How to Lose Money Podcast. The topics include:

Real estate syndicates

Over 30% return on self-storage investment

1031 exchange allows for deferral of capital gains

Multi-family property investment

The ultra-wealthy amass fortunes with commercial real estate investment

A lot of barriers to entry

How can I get into commercial real estate investment?

Delaware Statutory Trust (DST)

Crowdfunding

Real Estate Investment Trust (REIT)

Find a mentor

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Paul Corroccio to discuss Vermont Real Estate . The topics include:

Paul in the CEO of TPW Real Estate

Paul works with condo associations in resort areas

TPW provides additional services to provide full service management

Investing in Vermont real estate

TPW also does real estate sales and rentals

A lot of people are living in Vermont and working remotely

The market is picking up in Vermont – Manchester, Woodstock

TPW’s website is tpwrealestate.com

Vermont offers a wide variety of festival and activities in all seasons

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Mark Willis who is a Certified Financial Planner. The topics include:

How to be your own bank

Dividend paying whole life insurance policy

New, modern, more efficient policies

The policies are engineered for banking

It’s possible to borrow against the value of the policy

The chosen asset class of the wealthy is real estate

Real Estate Investment Trust (REIT)

You do not need to be wealthy to follow this strategy

Mark’s websites are http://nyafinancialpodcast.com and www.lakegrowth.com

The power of liquidity

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Lisa Hales to discuss Productivity Coaching. The topics include:

Lisa’s website is at lisahalesproductivitycoach.com

Real Estate is historically a great investment

Home prices in MA have been rising

Lisa is a coach for realtors and real estate investors

Lisa teaches classes on how to succeed

Accountability is the key

Goal setting is important

Difference between average real estate people and successful ones is consistency

Don’t be a secret agent

Lisa discusses real estate strategies

The secret sauce is the phone calls

Everyone can benefit from hiring a coach

Creating a time block schedule

What is your value proposition?

Is social media a big part of today’s real estate environment?

Comparative Market Analysis (CMA)

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico welcomes Tom and Nancy Troy from The Don’t Do It Yourself Podcast to discuss why time is money. The topics include:

Hiring professionals saves money in the long run

Home equity loans make sense for improvements

Loans for new construction

Discussion about current interest rates – tied to 10 year bond

The Don’t Do It Yourself Podcast provides referrals to the best contractors with a 10% discount

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.

NewFed’s Brian Damico Dive’s deep into Ryan Mcsheffrey of Mill City Financial Partners and Scott Murphy of Newfed Mortgage:

EFC or Expected Family Contribution calculated by:

Assessable assets

Income

Re-managing your assets can add to your financial aid benefits

How far in advance should be planning for your child’s college education?

Which methodology is the school using to calculate tuition?

Institutional – Most Privates Schools

Federal – Most Public schools

How can a home equity line of credit play into things?

5:1 arm

Home equity line

15-30 year mortgage

All of these reduce EFC

Merit based vs need based aid

Reach out to Ryan with any question 6173129820 [email protected] Mill City Financial Partners

 

 

 

This and every Easy Money New England Podcast is recorded live at The Studio 21 Podcast Cafe and is Hosted on the United Podcast Network and is brought to you by NewFed Mortgages.