Real Estate Reserve Podcast

On this episode we discuss updates we have seen in our local markets as of Wednesday, May 27, 2020. New statements have come out related to eviction filings for rental properties and the time lines as the economy opens up. We go through what we believe will happen as consumers get more confident in the market. It seems like its currently a sellers market which feels odd but that is what it is... As people start feeling safer and more confident to go into houses and have others into their houses will that spike the real estate market with many more sales? Tune in now to hear our opinions of what we have been seeing...

On this episode we interview Martin Saenz. Martin has been investing full time in mortgage note buying since 2013. His strategy is very interesting and although we have both been involved in private lending for a long time his strategy was new to us. Martin discusses exactly want note buying is, how he finds opportunities, how he structures them and how they get financed. Tune in now..

On this episode we do a book review from one of our favorite books written by Sam Zell, Am I Being Too Subtle? Sam Zell is known for being one of the largest multi-family investors in the country along with contributing to starting the REIT so that small, individual investors could be involved in larger multi-family and commercial properties. We go through some key takeaways each of us got after reading this book, how Sam manages his team, partnerships and relationships along with how this book is so relatable to each of our real estate businesses (just on a much larger scale)... You will not wanna miss this book review. Tune in now!

In this episode we invited Aaron Foster from Hometown Hero's back to share and do a case-study for us on a recent 2-unit project he did in Indian Head, MD (Washington DC area suburb). This 2- unit was actually 2 separate houses on 1 lot that was waterfront. Although this might be unusual to see it created an opportunity for Aaron. Aaron discusses how he found the property, how he raised short term money to fund the acquisition and rehab, how he found his tenants and how he got long term debt to keep the property as a long term cash flow rental property. Tune in down to hear Aarons story...

On this episode we interview Jesse Spund who is a real estate flipper in Baltimore County and Baltimore City. Jesse came from the wholesaling world until he started concentrating on flipping a few years ago as he could do less deals and make more money with bigger margins. Jesse talks about his take on the current market, how they are finding deals, how they are managing the construction process and what his thoughts are about the market moving forward.

In this episode we interview Zack Bryant From Northrop Realty. Zack has an impressive resume for selling over 425 houses and $130+ mill in volume over the past 6 years. He talks about how he got started, how he leveraged and adapted to mentorship, what has changed in his business over the years and his action plan moving forward. We also got Zack to open up a little on advice to help other real estate agents that are just getting started or can't get over the hump of selling ~1 property per month. Tune in now to hear this exciting interview.

On this episode we interview Matt Fullerton from Chesapeake House Hunters. Matt has a unique story on how he use to work for one of the largest house buyers as their sales manager. When Matt left the company to start his own investment business he had a non-compete agreement that limited some of the things he was able to do including marketing techniques. Matt created a very niche marketing technique that allowed him and his partner to leverage others and do $946,000 in wholesale fees in 2019 with no ad spend. This and more on this episode of the real estate reserve podcast.

On this episode we bring in Bill Daly from Liberty Title & Escrow. We discuss the 'new normal' with real estate settlements. We chat about how settlements are occurring, are buyers and sellers still conducting transactions and where we believe the real estate industry is headed along with the future of closing the transactions.

On this episode we talk about how it seems like real estate is currently very active and investors and Realtors seem to all be very busy. We dive into why we believe the smaller, safer and more consistent deals seem to be the trend. We recap this weeks show along with who is on deck for next week.

Have you ever heard of cost segregation? Well neither had we until Ian Horowitz (co-host on this Real Estate Reserve Podcast) told me about it earlier this week. Don't quote us on this but he explained it to me like this... We came across a tax strategy called, cost segregation. This simple strategy can help reduce your tax basis on your rental properties and even retail businesses! Cost segregation allows you to advance depreciation on parts of your assets that ultimately reduce your overall taxable income. We were interested and decided to invite Jerry Lotz of CSSI onto our live podcast today. His firm specializes in the cost segregation strategy. We will be doing a case study on how it works along with discussing the recent tax benefit that was passed in the Cares Act! We already told him that we never pitch or sell anything to our podcast s so he knows its strictly for sharing a new concepts and ideas that you can utilize in your real estate portfolio. We don't personally have any experience with this concept yet so will be learning as we go through it. Tune in now to learn about Cost Segregation