The Wisconsin Investor

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What happens when the Federal Reserve makes a move, but the expected interest rate drop doesn't follow? Eric Workman from Renovo Financial joins us to untangle this complex financial web. We promise you'll gain a fresh perspective on why Fed actions don't always trickle down to consumer borrowing rates and how savvy real estate investors can benefit from a wider array of lending products. Eric reveals the behind-the-scenes mechanics of loan packaging for fixed-income investors, and how a diversified approach in financial options can be a game-changer in today's competitive market.
Economic challenges are aplenty, but those with a keen eye for strategy can still thrive. Together, Eric and I explore how seasoned investors adapt their acquisition tactics amidst fluctuating capital costs. We highlight the post-COVID market landscape, discussing the paradox of soaring asset values during a time of low borrowing costs. The dialogue underscores the critical importance of market timing and staying informed about economic trends to navigate the ever-changing real estate terrain effectively.
We also pivot to long-term investment strategies that consider both economic trends and personal growth. Eric and I dive into the Debt Service Coverage Ratio (DSCR) loans, how they work and who would be good candidates to utilize them. By sharing our own market experiences and the lessons learned from past misjudgments, we underline the value of mentorship and strategic purchasing. To connect with Eric and discuss working with them, you can go to https://renovofinancial.com/lending/workman/ or the best way to start the conversation is to email him at [email protected].

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Ever wondered how you can maintain a conventional 9-to-5 while building your assets to 33 real estate units in just two years? With Nick Huberty as our guest, learn how he did precisely that by harnessing the power of real estate podcasts and education. Nick shares his strategic blueprint, emphasizing the importance of building a robust support network with local investors, agents, and property managers. He also discusses the invaluable role mentorship and structured programs like the BRRRR for Beginners course played in his success, helping him seamlessly implement the BRRRR method.
Managing a rapidly expanding real estate portfolio comes with its fair share of hurdles, and Nick doesn't shy away from sharing his experiences. From unexpected expenses to dealing with vacancies, he provides a candid look at the realities of property management. Discover why Nick transitioned from short-term rentals to a 16-unit apartment building, and how investing in business-driven markets rather than vacation hotspots has ensured consistent demand. His insights into refinancing and market conditions will offer you practical takeaways for aligning your investment strategies with personal financial goals.
Our conversation also uncovers creative financing strategies crucial for real estate growth. Nick highlights the importance of forming strong relationships with lenders and the utility of tools like Home Equity Lines of Credit (HELOCs). Hear firsthand about the challenges he faced with last-minute changes in lending terms and how maintaining financial buffers saved the day. Whether you're just starting or looking to expand, Nick’s journey is a treasure trove of wisdom on the long-term benefits of strategic real estate investments amidst market uncertainties.
To join the BRRRR For Beginners course and get $1500 off the course, go to: https://www.coreyandcarrie.com/offers/F5sC3dnL?coupon_code=PODCAST

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Unlock the secrets of real estate success with seasoned investor Frank Rick on the Wisconsin Investor Podcast. Frank, whose career started in the mid-1990s, offers a unique perspective on how the landscape of real estate has transformed over the years. We discuss how financing options have evolved, making it easier to secure funding while simultaneously increasing competition. Frank highlights the importance of cultivating strong relationships with lenders and the critical role of modern technology in today's market, contrasting it with the more challenging methods of yesteryears.
Experience firsthand insights into the benefits of transitioning from self-managing properties to employing professional property management services. After two decades of managing our own properties, Frank and I reveal the efficiencies and legal advantages that professionals bring to the table. We also discuss our strategy of moving from older properties to newer ones, allowing us to concentrate on high-value activities like deal-making and team-building, which ultimately enhance our investment portfolio.
Gain actionable tips on evaluating long-term investments and deciding when to sell underperforming properties. Frank shares his expertise on various financing options, from commercial loans to leveraging home equity lines of credit. We also emphasize the importance of timely investments, continuous education, and building a robust team of professionals to support your real estate journey. To wrap it up, we share our favorite local dining spot, Schwartz's Supper Club, and invite listeners to connect with our community for personalized investment guidance. Don't miss this opportunity to elevate your real estate game with insights from a true industry veteran!

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Unlock the secrets to successful real estate investing in Wisconsin with our special guest, Monte Reyment! Monte, my big brother and a thriving real estate investor, shares his incredible journey from a traditional job to building a real estate empire. Starting with the purchase of his first duplex in 2018 and overcoming the hurdles of his first property flip, Monte's story is packed with invaluable lessons on perseverance, learning from failures, and the importance of a supportive network. This episode is a treasure trove of insights for anyone looking to break into the real estate market or elevate their current investing game.
Discover the financing strategies that can transform your real estate portfolio. We'll guide you through the progression from hard money loans to the benefits of commercial lending, HELOCs, and private money. Learn how to cultivate strong relationships with lenders, gain favorable terms, and leverage different financial tools to enhance your investment strategies. With Monte's firsthand experiences and practical tips, you'll gain a clear understanding of how to navigate fluctuating interest rates and secure the best deals.
We also dive into advanced tactics for property appraisals and successful deal-making. Master the art of presenting your property's value to appraisers, and understand the importance of multiple exit strategies to safeguard your investments. Be inspired by a detailed account of a profitable deal with my young partner Lydia, underscoring the power of strategic negotiations. Plus, enjoy some light-hearted stories about Wisconsin traditions and my own shift from network marketing to real estate. Join us for a rich, informative episode that promises to arm you with the knowledge to thrive in the Wisconsin real estate market!

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Unlock the secrets of the Wisconsin real estate market with our extraordinary guest, Tony Broullire, a veteran investor who has transformed his journey from humble beginnings in mortgage lending to building a substantial property portfolio. Join us as Tony recounts his early days of house hacking and property flipping with his brothers, leading to his rapid portfolio expansion between 2012 and 2015, where he creatively financed and acquired 52 properties. You'll gain invaluable insights into his transition to lending, utilizing a self-directed IRA and starting his own fund, providing a masterclass on real estate investment strategies.
Ever wondered how to establish successful long-term partnerships, especially with family? Tony and I tackle this crucial topic, emphasizing the value of short-term collaborations to test compatibility. We delve into the importance of clear, upfront communication about responsibilities and setting expectations similar to managing employees. Plus, we provide an overview of current lending trends in Wisconsin, sharing strategies to navigate the market despite rising interest rates and other challenges. This segment is packed with actionable advice to ensure smooth partnerships and successful ventures.
Looking for ways to leverage Home Equity Lines of Credit (HELOCs) for your real estate investments? Tony and I outline step-by-step strategies for securing funding from Good Faith Funding, highlighting the significance of professionalism and preparation. We discuss shopping around for favorable HELOC terms, the benefits of using blanket loans on investment properties, and building financial buffers. Whether you're a seasoned investor or just starting, this episode offers essential tips to elevate your real estate game, with practical advice on obtaining funding and making smart investment decisions in the Wisconsin market.