Happy House Hacking

Buying a home can be daunting, especially for first-time buyers. In this episode, we sit down with experienced lender Ben Lerner to simplify the mortgage process and empower you to make informed decisions. Ben breaks down various loan programs, including those for first-time home buyers and multi-family properties, and explains how to leverage strategies like boarder income.

Gain valuable insights into navigating closing costs, understanding interest rate buy-downs, and 

securing the best possible financing for your dream home.

Takeaways

• First-time homebuyers should not hesitate to consult a lender early in the process.

• Soft credit pulls can help assess loan eligibility without impacting credit scores.

• VA loans offer 100% financing for veterans on multifamily purchases.

• Interest rates are currently stabilizing, with potential for future decreases.

• Understanding the various loan programs is crucial for financial planning.

Follow this link to get the right advice and right mortgage for you - blerner.com.

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Ever wondered how to turn a small residential lot into a gold mine? Joining us in this episode is John Rourke, a local real estate investor and neighborhood infill expert. John shares his journey from flipping houses to developing ADUs and utilizing SB 9 to create wealth with small properties. Discover the potential of urban infill, the benefits of ADUs and SB9, and gain valuable insights into navigating city regulations and overcoming development challenges.

Takeaways

• ADU and SB 9 laws in California have created opportunities for infill development and increased housing density.

• Leveraging debt in real estate can be justified by the equity it creates, especially in the context of property development and ADU construction.

• Having conversations and building relationships with real estate investors and developers can lead to valuable opportunities and insights for those considering real estate investment.

• City regulations and enforcement of new laws, such as SB 9, can present challenges for real estate developers, but precedents and learning together can lead to smoother processes in the future.

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Real estate agents, are you ready to unlock the power of house hacking? In this episode, we dive deep into why every agent should consider this strategy for financial freedom and career growth. Discover how your access to the market, combined with leveraging commissions, can give you a significant advantage in real estate investing. We explore the tax benefits, long-term wealth building potential, and how house hacking can even enhance your skills as an agent. Join us as we break down five compelling reasons to embrace house hacking and transform your approach to real estate.

Takeaways

• Real estate agents have unique access to investment opportunities.

• Using commission can significantly reduce down payment costs.

• Financial independence is crucial for self-employed agents.

• House hacking can provide flexibility in monthly expenses.

• Tax deductions from real estate can lower overall tax bills.

• Long-term planning is essential for retirement in real estate.

• Diversifying income streams is important for financial security.

• Professional development enhances skills beneficial for real estate sales.

• Homeownership significantly increases net worth compared to renting.

• House hacking is a powerful strategy for building wealth. 

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Feeling priced out of the California housing market? In this episode, we break down three key trends that are shifting the market in your favor: dropping interest rates, rising inventory, and buyer broker agreements. Learn how these changes impact affordability, increase your buying power, and make now the perfect time to explore house hacking strategies. We're realtors and investors who have successfully used house hacking ourselves, so we'll give you the inside scoop on how to make it work for you.

Takeaways

• Rising inventory provides more options for buyers.

• House hacking can help offset mortgage costs.

• Buyer broker agreements are becoming standard practice.

• Sellers are still able to sell quickly despite rising inventory.

• Interest rates have started to shift favorably.

• The market is seeing a resurgence in buyer activity.

• Historical context shows current rates are still low compared to past decades.

• Clear communication in real estate transactions is essential.

• Buyers are becoming more selective in choosing their agents.

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Worried about costly surprises after buying a house? Home inspector Dylan Linnenkamp joins us to share real-life stories of hidden problems he's discovered, from leaky showers to faulty electrical panels. Learn why inspections are vital, even on new builds, and how they can save you thousands. Plus, get tips on choosing a reputable inspector and understanding those complex reports.

Takeaways

• A home inspection is a visual non-invasive inspection of the major systems of a house to ensure they are functioning properly and to identify any potential issues.

• Home inspections provide buyers with a better understanding of the condition of the property and can be used as a bargaining tool during negotiations.

• Infrared cameras and other tools are used in inspections to detect hidden issues that may not be visible to the naked eye.

• It is important to choose a reputable home inspector who is a member of organizations like CREA and has positive reviews.

• Homeowners can benefit from home maintenance inspections to assess the condition of their property and address any potential issues.

Check out Harper Homes: Home Inspection Services. Mention the Happy House Hacking podcast to see if you qualify for $50 off your next home inspection!

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Worried about what happens to your loved ones and your assets if something happens to you? On this episode, estate planning attorney Matt O'Leary breaks down the essentials of estate planning, even for young people. Learn how to protect your family from financial hardship, avoid probate court, and ensure your legacy is secure.

Takeaways

• Estate planning is essential for securing your family's financial future and protecting your assets.

• Having a comprehensive estate plan can help avoid probate and minimize the financial and emotional burden on your loved ones.

• Asset protection is an important aspect of estate planning, and there are steps you can take to safeguard your assets.

• Planning for the unexpected, such as incapacity or death, is crucial to ensure your wishes are carried out and your loved ones are taken care of.

• Consulting with an estate planning attorney can help you create a personalized plan that meets your specific needs and goals.

Follow this link to learn more about estate planning.

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Buying a house in California feels impossible, right? Sky-high prices, rising rates, and no inventory.  In this episode, we're breaking down why it's so tough and sharing how you can still make it happen. Discover the power of house hacking and creative strategies to unlock homeownership, even in today's challenging market. As a realtor and investor, I've seen it all, and I'm here to guide you.

Takeaways

• The median sales price for a house in California is $900,000, making it difficult for many people to afford a home.

• The affordability crisis is driven by the imbalance between supply and demand.

• The cost of building, including land, labor, and lumber, is increasing, contributing to higher home prices.

• Real estate remains a good long-term investment, providing financial security, wealth building potential, tax benefits, and protection against inflation.

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Are you feeling discouraged about your 2024 goals? Don't worry, you're not alone. In this mid-year check-in, we discuss our own wins and setbacks, giving you honest advice on how to reset and reach your real estate goals. Learn how we were able to manifest our dream car and welcome a new baby while helping our clients achieve homeownership through house hacking. 

We share practical tips on adjusting your goals, negotiating offers, and finding hidden gems in the California real estate market. Plus, hear success stories from first-time home buyers who used off-market listings and down payment assistance to reach their dreams.

Takeaways

• Regularly check in on your goals and make adjustments if necessary

• Having a vision board can help you stay focused and motivated

• House hacking is a great strategy for young people looking to enter the real estate market

• Being informed and educated about the market can help you make better decisions

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Get ready to navigate the Aug 17 changes in the real estate industry with confidence. The recent decoupling of commissions has caused a stir, and in this episode we're here to break it down for you. From buyer agent fees and seller concessions to negotiation tips and the importance of hiring a quality REALTOR, this conversation covers everything you need to know. 

Discover how the decoupling of commissions will directly impact your wallet, whether you're buying or selling. We'll guide you through the new landscape of buyer agent fees, seller concessions, and the importance of negotiating to get the best deal.  

With years of experience and over 200 families served, we'll give you the insider knowledge to confidently navigate these changes.

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.

Frustrated with California's high housing prices? Imagine your home covering half your mortgage. In this episode, architect Chris Allen explains how ADUs can turn that dream into reality. Discover why garage conversions are the most cost-effective option, how to add rental income to your existing property, and navigate local regulations to build your ADU efficiently. 

Chris also reveals groundbreaking opportunities with SB9, potentially allowing you to create four residences on a single lot. Don't miss this episode if you're serious about making your California home an asset.

Reach out to Chris: 805-286-5186

[email protected]

https://www.cwastudios.com

For more on the Schwaegerle Team follow us on Instagram - Facebook - YouTube - or visit us online at https://www.soldslocounty.com.

This podcast was produced by Two Brothers Creative.