Are you scared to invest in real estate, or have you thought about what it is like to be a landlord? On this episode Kerri talks with Real Estate Agent Jason Pugao about:
Managing properties 101
Screening tenants
What is good property management?
The long and short game of real estate investing
Building wealth in real estate
What if you don’t know how to invest in real estate?
Anyone can buy a property
Real estate equals adulthood
Buying properties at a young age
When are you going to buy?
Jason Pugao is a true Oakland native. He is experienced in residential and mutil-family apartment building sales and listings. Pugao started his career in residential management leasing and lease generation and progressed into commercial real estate. As a Keller Williams agent, Jason is consistently in the top 1% in his market.
He is also an expert and consults on:
Certified Distressed Property Expert (CDPE)
Preforeclosure short sales
First time home buyer purchases though FHA or 203k FHA programs.
1031 tax deferred property exchanges
Investor flips or holds
If you are skeptical, scared, unsure, or just flat out need a confidence booster to get going this is the perfect podcast for you.
About your host Kerri
It all began with the game of Monopoly®
I grew up in the late 1970s-early 1980s when video games were either unavailable or too pricey for my welfare-dependent family. So I played board games; Monopoly was my favorite. I developed my version of the game, with credit cards, loans, and renters, by the time I was eight.
After working since age 14, and saving most of my pay, I set a goal—to become a homeowner by the time I was 25. One crack house in Oakland became “home sweet home” the day I turned 25.
Three years later my boss, Moe, at the tattoo shop asked when I was going to purchase an income property. I claimed not to have adequate savings. That’s when Moe taught me the power of leverage.Over the next couple of years, friends and family would ask me for real estate advice. After being repeatedly told, “You have given me better advice than my agent” or “If you were an agent I would use you,” I earned my license in 2006.When the housing market crashed, I had to learn and adapt quickly. Instead of praying for a market recovery I looked for opportunities. My first question, “Who would be buying or selling in a market like this?” Two answers: Investors and short sellers.
Investors came quickly; I am one and know the business. Short sellers came later when I met Monica Cabrera, an agent with an unmatched local short-sale track record. We joined forces and formed the Bay Area Short Sale Angels,* now Northern California’s #1 short sale team, in 2008. (www.BayAreaShortSaleAngels.com).
We have helped families, individuals, and investors avoid foreclosure and improve their financial future and outlook. Staying on top of the market has made us a trusted resource and trainer to other agents. Our 98% success ratio is unheard of in a business with a 50% national success rate. Our team of five now includes a successful buyers’ specialist.
I have been a top producer for the last two years and enjoyed every detail of my work. I get to help others achieve their goals and, most importantly, to feel hopeful about their future. Thinking outside the Monopoly box led me to become the successful agent, team leader, and homeowner advocate I am today.
About your co-host Keith
Keith B Dixon is a freelance commercial photographer, specializing in commercial real estate photography and corporate executive and on-location, group portraits. Throughout his career, he has photographed high profile clients including the U.S. Chief Judges of the U.S. Appellate Courts, several Bay Area Executives and many celebrities from around the world. Keith has also worked with corporate clients across the United States and abroad. He is an Official Ambassador for Dye Sub Printer Maker DNP Imaging of America, NETGEAR (the number one produ