W2 Amigos Podcast

Amigos! Yes, yes, the title gave it away. In today's episode, your amigos talk through some of the reasons why they'll be taking a podcast siesta. Between our W2 schedules and our commitment to providing value add content we've decided to take a break on the podcast. However! We're not going anywhere, you can still interact with us on IG. Thank you for the continued support,  we'll be back before you know it! 

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Dramatic huh? On today's episode your amigos talk about the things they would do today if they had to start all over. They share some tangible steps that you can take for someone that is starting from scratch. P.S. It doesn't involve building a company and selling it for millions of dollars. 

Tune in to learn about what they would do differently if they lost what they had today and had to start over. 

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Shots fired with the title, huh? On today's episode your amigos talk about an article written by Business Insider "There are way too many real-estate agents". The answer is YES. Being an agent himself, Nick shares his observations and challenges with the way the Real Agents Industry is today.  

You don't want to miss these takes. 

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On today's episode, your amigos talk through a latest survey conducted by Zillow. This survey captures a handful of property owners and they ask questions like: 

- What is your current mortgage rate?   
- Are you willing to sell your home in this environment? 
- What would it take for you to sell your home in this environment? 

The answers to some of the questions asked in this survey will surprise you and give you a better understanding of our current housing situation. 

Tune in to learn more! 

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On today's episode, your amigos talk about the correlation between mental and physical health. They share their experiences between how they are connected for them and some of the pitfalls they've encountered. 

Tune in the learn more!

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On today's episode, your amigos talk about two articles written by CNBC. The first article is called "America's Top States for Business 2023".  They use different factors like workforce, infrastructure, and economy to rank the states from best to worst. The second article is called "These 10 states are America's strongest housing markets, offerings buyers the best value". It covers the different factors that make those 10 states the best markets to buy right now. Nick and X give their take about the data and what it means for someone that is looking to buy. 

Tune in to learn more! 

CNBC - Top States for Businesses 
CNBC - America's Strongest Housing Markets 

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On today's episode, your amigos interview Ingrid Duque, a full time real estate investor from Atlanta, GA. Ingrid started off her investing journey when she was working her W2 as an Engineer. She and her husband invested in their first property in 2014 and made all the mistakes in the book. Instead of triple down on it, she decided to take a different approach. She decided to plan out her path to investing. Ingrid spent the next 4 years going full speed in her W2 to build her savings so she could be better leveraged to invest in real estate. She relocated several times during those 4 years and took different engineering jobs so she would be better prepared to invest the second time around. Since then, Ingrid has walked away from her W2 and  currently owns 50+ units.

Tune in to learn more about her amazing story! 

Follow Ingrid!
@Engineer.On.Fire

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On today's episode, your amigo Nick talks to Jeff Welgan, also known as the Mortgage Expert! Jeff is a Certified Mortgage Advisor based out of Southern California. Jeff has  helped hundreds of clients obtain the right loan product for their property. He also works with a lot of investors to understand their goals and where they want to be the next 5 years so that they can build out a plan to obtaining the next property. On today's podcast, Jeff talks about the different type of loan products that exist for individuals and investors, and how someone living in the state of California and get assistants with financing up to 105% of their purchase. Yes, you read that right. Tune in to find out more.

Follow Jeff!
Bluprint Home Loans
Instagram @jeff.themortgageexpert 

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Hey Amigos! On today's episode Nick and X talk about what ARV is and how do you calculate it. They discuss the tips and tricks that work for them and how to make sure you are not over evaluating or over rehabbing a  property. Your real estate strategy will dictate what kind of finishes you have. Finishes in a C+ area for a long term rental will be different than a Short Term Rental in a B+ area.  They also talk about the importance of deal analysis when calculating your ARV and making sure you are not taking any short cuts when it comes to your CAPEX, repairs and vacancy rates.  

Tune in to learn more! 

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On today's episode your amigos go over Part 3 of the mini Tax Master Class with Billy Withers, a Real Estate and Business Tax Professional. Billy has helped hundreds of real estate investors & business owners organize their financial systems and reduce their tax liabilities. Billy talks about the importance of bookkeeping and how important it is for any business. He shares that you need to be mindful when tracking your expenses and writing a lot of things off because it can come back to bite you later from an income perspective. Your amigos also share they're pit falls when it pertains bookkeeping and how X waited 11 months to update his books. 

Tune in to get educated on your bookkeeping! 

Follow Billy!
Instagram
Summit Advanced Tax Strategy
LinkedIn

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