Nicole Purvy Classified

In episode 135 of the Better Than Success Podcast host Nicole Purvy talks How the Airbnb and Real Estate Zoning Process Works in Philly with Rachael Pritzker.

Rachael, a die-hard Philadelphian and avid animal lover is Pritzker Law Group's Founder & Chief Executive Officer. She is one of the city's only zoning and land-use attorney's with experience in both the private sector and local government.

Prior to starting PLG with her twin brother Adam, Rachael worked at Center City law firm Zarwin Baum. While at Zarwin, Rachael practiced zoning, land use and public finance working on multi-million dollar bond issuances, and securing variances and government approvals for single family, and multi-family homes, non-profits and some of the City's most notable high rises.

After years in the private sector, Rachael transitioned over to the public sector, accepting a position with City Council. As Legislative Counsel to City Councilman At-Large Allan Domb, Rachael developed legislation, worked with members City Council, City Agencies, the Mayor's Administration and mastered the policies and procedures of our City. Rachael was also one of the first 27 Commissioners appointed to the Mayor's Commission for Women, and currently serves on its Entrepreneurship Working Group.

In episode 134 of the Better Than Success Podcast host Nicole Purvy talks Little Known Facts About Setting Up Your Business Entity for Real Estate Investing with Dom Landry of CGM Philly. Dominique Landry is a co-founder of Common Ground Management, LLC, a Philadelphia-based managerial firm that assists entrepreneurs and companies across the country with business development. A 2008 graduate of Saint Joseph's University, with a bachelor's degree in Business Management, Landry has spent the past decade in business development services for large corporate companies and start-up entrepreneurs.

In episode 133 of the Better Than Success Podcast host Nicole Purvy interviews attorney Ellis Palividas.

Ellis Palividas is an attorney based in Philadelphia. He focuses on Real Estate, commercial litigation and criminal law. He is also a partner and cofounder of Acro settlement company.

Ellis began his legal career as a prosecutor and transitioned to the private sector and worked in civil litigation. He later decided to open his own law practice and cofounded Acro settlement company.

His unique experience as an attorney gives him the advantage as a title agent who knows the ins and outs of the legalities of real estate.

Links for this episode:

betterthansuccess.com/virtualfinance

betterthansuccess.com/masterclass

betterthansuccess.com/freevideo

In episode 132 of the Better Than Success podcast host Nicole Purvy interviews Julia Choseed Also download the free Beginners Real Estate Course at betterthansuccess.com/freecourse. Licensed general contractor, real estate investor, and developer, Julia Choseed is the founder and CEO of Brickhouse Builders, a real estate development company that focuses on investing in Philadelphia's Strawberry Mansion neighborhood. In 2016, Julia purchased her first property with $11 in her bank account and quit her job the same day. Since then, she's developed over $3.5mm in real estate deals and raised over $350,000 in private money. Through out her successful career in real estate Choseed has flipped, rented, wholesaled and GC-ed other investors projects until she ultimately decided to exclusively focus on managing only her own projects. Under her direction, Brick House Builders is known for its unique and stunning interior design and layouts while focusing on historic preservation. In her spare time, Choseed enjoys photography.

On episode 131 of the Better Than Success Podcast host Nicole Purvy interview Heidi Becker. Heidi Becker is the founder and CEO of American Deed Transfer and Acra Settlement Company. Licensed in PA, NJ, MD, and VA, Heidi has been in the title industry for 15 years. She is also a real estate investor, rehabber and flipper. Last year alone she did 5 flips and she's currently building a rental portfolio of apartments buildings and multifamily rentals.

How to Start and Grow a Successful Title Company and Real Estate Business in 2 Years

Heidi Becker moved to Philadelphia 5 years ago and now runs 2 of Philly's well-known title companies. Heidi made this move strategically knowing Philadelphia was a great investment area. "What is the motivation behind title?" Nicole asks Heidi during the interview. Heidi expresses her obsession with real estate since she was 16 years old which was her initial motivation. Thinking she wanted to be a real estate agent, Heidi found her true passion in title after working as an admin at another title company. She shares how her superior at that job at the time was a great teacher molding her into the title field. For those who may not be aware, 'Title' is to represent the contract and control all of the money in a real estate transaction. After being put in a position to do what she wanted and having a baby only motivated her more because she did not want to work a 9-5 job raising her child. She was recruited to do real estate settlements in Philadelphia and she took the opportunity to start her own title company.

What is the process of starting a title company? Heidi explains this took over one year because you have to interview with underwriters and see who is going to give you the best support.

What is an underwriter? Underwriters are the agents who backs up the contract and it is very important to choose someone who is reputable and to be around if something big happens. Heidi says "After hiring the RIGHT staff and keeping my overhead low, my business started to move rapidly". How did you get into real estate? "It was always in the background… I just always had a passion for it. I went and got a partner, made an LLC, started looking for property, used hard money and was able to complete my first project" Heidi says.

( For more information, Click Here )

Top 3 tips for investors from a title company perspective:

1. Organization is key (Both investors + wholesaling)
2. Work fast and work with the deadlines!!
3. Have the last 10 years of addresses (if you're investor and you have liens, those are going to have to be paid)

Contact Info:

American Deed Transfer LLC

Call/Text: 267-699-8876

Acro Settlements - 2nd Title Company

In episode 130 of the Better Than Success podcast, host Nicole Purvy interviews Ken Weinstein about Building His Residential and Commercial Real Estate Empire.

Ken is an active entrepreneur and real estate developer in the Philadelphia area. He serves as President of Philly Office Retail, which has renovated and restored more than 300 vacant and deteriorated commercial and residential units in the Philadelphia region during the past 30 years. Philly Office Retail currently owns and manages more than 800,000 square feet of commercial and residential space in the Philadelphia region and has received four Preservation Alliance Community Preservation Awards for its adaptive reuse projects. Ken founded and operated Cresheim Cottage Cafe from 1996 until 2004 and now owns Trolley Car Diner, Deli and Ice Cream Shoppe in Mt. Airy since 2000 and Trolley Car Cafe in East Falls since 2010. His third restaurant, Trolley Car Station, in University City, is slated to open July, 2018. Previously, Ken served as Chief of Staff for Philadelphia City Councilwoman Happy Fernandez from 1991-1995 and currently serves as President of the Philadelphia Housing Development Corporation (PHDC), as a Mayoral appointee, and Chair of the Mt. Airy Business Improvement District which he co-founded in 2007. Ken is Founder of the Trolley Car Teacher's Fund , which contributes $25,000/year in grants to public school teachers, Trolley Car Table Tennis Club, the only full time table tennis club in the Philadelphia area and Jumpstart Germantown, which trains, networks and provides funding to aspiring real estate developers. Ken was an Organizer/Board Member of Valley Green Bank for 8 years until it was sold to Univest Bank in January 2015. In 2004, Ken was awarded the Business Leader of the Year Award by West Mt. Airy Neighbors, in 2005 was given the Community Service Award by the Center City Proprietors Association, in 2006 was named one of Philadelphia's 101 Connectors by Leadership Philadelphia, in 2009 received the Distinguished Leadership Award by Community College of Philadelphia, in 2010 received the My Block, My Business Award by the Empowerment Group, in 2011 was awarded the Edgar Baker Community Service Award by East Mt. Airy Neighbors, the 2012 Retailer of the Year Award by the Philadelphia Chamber of Commerce and was honored by the Philadelphia Parks Alliance in 2013. In 2015, Ken received honors by the Waldorf School of Philadelphia, the Wissahickon Charter School and the Philadelphia Business Journal as "Do Gooder of the Year." This year, Ken was honored by Mt. Airy USA and Historic Germantown as a community champion. Ken's mission is to revitalize neighborhoods by renovating vacant, deteriorated properties along Philadelphia's commercial corridors. He believes that you can do well by doing good.

How to Build Your Residential and Commercial Real Estate Empire?

Ken Weinstein starts off explaining how he got started in real estate by seeing problems and situations in the community and trying to find solutions to them. Blight was something Ken was 100% against which is why he started the Jumpstart program. He explains how he wanted to find developers to slow down or stop blight as a whole. "I am willing to take risks to make the world better" Ken says.

In this episode Ken shares how he got into real estate. 30 years ago, living in Fishtown, Ken was really inspired by the city of Philadelphia. Watching his landlady at the time renovate 6 properties by herself gave Ken the assurance that he would be able to do the same. Although it took a while to aquire his first property after deciding real estate was an interest. "I saw a lot of opportunity in the Germantown area" Ken explains… "You need good market conditions, you need to see price points".

Ken then moves on to sharing how and why he was able to quit his day job and do real estate full-time. Having enough cash flow that it makes sense and to be able to hire staff is the only way he was able to pursue his real estate career.

"It took me about 7 years to get me to the point where i want to leave my day job" - Ken Weinstein.

Over the years Ken learned that real estate makes you better at your job and you are a better business owner/employer. One of the biggest points made in this episode is the difference

between residential and commercial real estate in the eyes of one the biggest developers in Philly.

"You should ALWAYS start in residential, that should be your ground level… it's an easier development for anyone to understand and commercial should be long term" - Ken W.

Contact Information:

Jumpstart Germantown

In episode 129 of the Better Than Success Podcast host Nicole Purvy talks 5 Quick Real Estate Project Management Tips That Could Save You Thousands.

5 Quick Real Estate Project Management Tips That Could Save You Thousands

• Always secure your project.
  • Add an alarm system to your property. Nicole mentions SimpliSafe in this episode. "You need another layer of insurance because everything is valuable in your property down to the pipes"
• Get proof of insurance from you subcontractors.
  • Call the insurance company. Go that extra mile to be 100% sure and safe!
• Network, network, network
  • Networking is a major key in this business. You need to know people, being an introvert is something you will have to put to the side in this business.
• Call PGW, FIRST!! PGW = Philadelphia Gas Works
  • You need gas at your property and this proccess could take a few weeks that you may not have time to wait for.
• Personality
  • You have to be assertive, be serious about your money and your project. PEOPLE will take advantage of you espically if you are a woman in real estate.

Get links from this episode at betterthansuccess.com/links

In Episode #128 of the Better Than Success Podcast host Nicole Purvy Interviews Earnest Key.

Real estate investor, property manager, realtor and real estate investment coach, Earnest Key was born in Alaska, but raised in Philadelphia. Earnest Key has served the Philadelphia real estate community for over 13 years. Additionally, Earnest retired from the Adult Probation and Parole Department of PA after 14 years of service. His law enforcement experience is one of the many reasons that he has excelled in the art of patience and negotiations. During his 13 years in the real estate arena, he has managed his own units, as well as dozens of other investors' units. Also, he has assisted first-time home buyers and sellers with their home needs as well. His total sales volume is north of $20,000,000!

Currently, Earnest is a Realtor at City Wide Keller Williams Philadelphia and is the team leader of The Earnest Key Team.

Earnest's favorite aspect of real estate is negotiating in order to help both sides of the deal leave satisfied. Real estate aside, Earnest is most proud of his family, which consists of his wife and three daughters.

30 Day Checkin After I Left My 9-to-5

After working in the law enforcement field and working part-time in real estate for 14 years, Earnest was about to retire this November due to success of real estate. After college Earnest started his job in 2004 and acquired a property transferred to him by his grandmother. After being inspired to do real estate in college but having no money, he was able to pursue one of his dreams he explains in this episode. Moving on, Earnest shares a story of one day driving home from his 9-to-5 job and seeing a property (which looked like a shell) and called the agent to get a price so he could possibly invest with little cash money. After calling finding out the property was a very high number, Earnest wasn't going to be able to invest in that property instead he was able to connect with someone who pivoted that conversation into a mentorship. Finding out about home equity line of credit, he dived in head first and used that strategy on the property acquired from his grandmother. He was able to get a good chunk of cash from his grandmother's property and the first thing he did with the money (what every investor typically does) was shop in real estate. Earnest explains that the property he bought with the home equity line of credit was his worst nightmare. This is how he began his "official" career in real estate. "Anything that can go wrong with you project, went wrong with my first project... but it was good for me because i learned my lesson" Earnest shares. After learning his lesson with his first official investment property, he learned about property management and started managing other people's properties while putting a hold on his acquisitions… all while working a 9-to-5 job! Being so driven by the real estate business, he then pivoted his experience to help others and started to make money that way which lead to him becoming a licensed agent. Earnest then started managing properties, consulting, and working a full time job with no help. It wasn't until he got the help and support from his wife to help and then they started a team together under City Wide Realty. He then took a leap of faith and quit his job to pursue his career in real estate full-time with no prior warning this his employer.

Nicole asks during the interview: How did you know it was time to leave? And Earnest response is what follows..

1. My full-time job was wearing on me for 14 years
2. I was getting more familiar in real estate
3. I was able to accumulate enough savings to quit

"What was the best thing from quitting?" Nicole asks. Earnest responds with "the feeling of having independence".

Contact Info:

Email: [email protected]

O: (215) 627-3500

Website: www.citywrealty.com

In episode 127 of the Better Than Success Podcast host Nicole Purvy interviews Stephanie Somers.

STEPHANIE SOMERS, Co-CEO of The Somers Team at RE/MAX Access, has been bringing her fierce loyalty, unrelenting work ethic, and constant pursuit of creativity to Philadelphia Real Estate for over a decade. Stephanie has propelled The Somers Team into a new and innovative sphere of the real estate field. Not only does she work to brand her team, but she is distinguished for her achievements in branding her Real Estate clients.

Together with her husband and Co-CEO, Chris Somers, 20+ sales agents and a full in-house marketing team, the thriving agency dominates in Philadelphia's hottest zip codes. Stephanie is a Realtor, team leader and marketing expert. She is executive producer for The Somers TV, a channel telling the stories of Philadelphia's vibrant communities, and is the host of Flipping in Philly, a series profiling her innovative renovations on exclusive projects in Philadelphia. Stephanie is fully involved in the process, whether swinging a hammer for house renovations or offering mentorship to others through speaking opportunities at colleges and universities, including Moore College of Art and Design in Philadelphia. Her understanding of the local markets combined with routinely recognized social media savvy and marketing content strategies makes her a valuable resource for buyers and sellers.

Surrounded by her skilled, devoted, and dynamic team of real estate professionals, Stephanie looks forward to facilitating Real Estate transactions, building brand awareness for her team, and investing in Philadelphia for decades to come.

The Somers Team ranks among the top RE/MAX teams in the country. Through partnerships with revolutionary developers, they can predict the next hot neighborhood – valuable intel for clients. They are recognized as #1 on the Top 20 Philadelphia Real Estate Agents on Social Media in 2017 and #26 on the Top 100 Real Estate Agents On Social Media in 2018 nationally (via PropertySpark).

From Art Teacher to Leading One of the Top Real Estate Sales Teams

How did she begin? Having several interesting careers, real estate wasn't an option for Stephanie (well at least she thought it wasn't). Stephanie received her bachelors in Fine Arts and taught art for years. She is still considered an artist, painter, illustrator and more. After teaching for years, she decided to take on her Masters in Natural Health starting another career completely left from both art and real estate. It wasn't until her husband, Chris Somers, "recruited her". After traveling so much in her career of health, her husband suggested she become a realtor. He was a realtor for one year prior to suggesting her to change her career, yet again. After observing her husband, Stephanie decided ebing a realtor was actually something she'd love to do. She then pursued it and became a realtor. "If you're really interested in something, leap and it will appear" Stephanie shares. This is when Stephanie's real estate career took off. Stephanie being a realtor and Chris Somers being a broker helped them create a dynamic team…

They then worked together recruiting some friends and started to generate leads. As this was working very well, they hired a marketer and slowly but surely started to set themselves away from the franchise. Stephanie goes into saying the importance of 'culture' in a workplace which help set their team, The Somers Team to success. "When you have a team you have to think like a group, it cannot be me me me. Meet with your team and let everyone have a decision making influence" says Stephanie during this interview. Moving on, Stephanie shares her great victories in real estate, one being 'controlling her own destiny'. She shares with the audience to follow your dreams because it is possible as she is a prime example starting off being an art teacher now leading one of the TOP real estate teams in Philadelphia.

The AntiHustle Masterclass featured in this episode.

www.betterthansuccess.com/masterclass

Contact info:

The Somers TV

Website: Stephanie @ The Somers Team

Want to buy a home? Text > 215-694-3707

In episode #126 of the Better Than Success Podcast host Nicole Purvy interviews Kerry Faix.

After meeting Kerry at an event, Nicole invited her to be a speaker at the annual Women in Real Estate Summit. Kerry Faix starts off this episode sharing her passion to empower women and young adults which is why she was open to being apart of the huge event. Kerry then explains how she got started and got to where is she now. Kerry started a real estate investment fund 6 years ago that is well known called Stone Bay Holdings. At Stone Bay Holdings, they invest in distressed real estate all over the country and raise money from accredited investors. (What is an accredited investor? -Someone who annually make over $200,000 a year and expect to make that next year, and/or has 1 mm in net assets) "How did you get to be doing this?" Nicole asks. Kerry then goes to share her story. She shares that she has been in real estate for years prior and has a business partner as well. Both her and her business partner did not start off 'newbies'. They began in the Temple University (North Philadelphia area) by buying shells, digging out the basement to create another floor and renting all floors to the students in the area. During the time when they started to invest in that area, it was an economic downturn which meant they had to go to private lenders for their real estate deals (because during that time banks were not going to fund investments). So what Kerry and her business partner began to do was borrow money from one lender, put them in the first position, develop the property, put tenants in the property, get a mortgage on the property, pay the lender back and the bank holds the property. Kerry was able to get up to, at least, 50 properties near Temple U doing this same strategy/formula.

"Raising money is all about building great relationships" says Kerry. Being able to create a win/win solution for both parties will being a plus for raising money. "As long as people feel comfortable with you, then they want to hear about investment opportunities".

"Too many times we hit a roadblock and do nothing, people that do nothing… that's where you are going to stay"

After meeting Kerry at an event, Nicole asked her to speak at WIRE.

Kerry was opened without a doubt because of her passion.

Unlike private lending, Kerry explains how she raises money from accredited investors only. By explaining the investments, telling the investors the plan, showing them the paperwork, showing them the plan is how you raise money. Being able to do this over and over Kerry turned one investor into 2, then 3, then 4… and the list goes on.

Kerry explains the reasons for only investing with accredited investor and the reason why is because some or most investment opportunities take years maybe 5 to 7 year hold on your capital. She then explains how anyone (accredited or not) can surround yourself with those accredited investors and that is by believing in yourself and putting yourself in uncomfortable situations to make yourself as well as your real estate business bigger and better.

"Go to a fancy restaurant, go to the bar if you can't afford a fancy dinner… there are ways to put yourself around people with money" - Kerry Faix

Stonebayholdings.com

Facebook, Twitter and Instagram: Kerry Faix

This episode is sponsored by BTS Funding , for more information to get funding visit the site.