$418 Million NAR Settlement: How Will This Impact Your Realtor Relationships?
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Release Date: 08/28/2024
Top 10 Poorest Cities vs Top 10 Wealthiest Cities: Are Mayors More Important Than Political Parties?
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
It’s easy to blame a city’s prosperity or struggles on political parties, but is that really the full story? By examining the top 10 poorest and wealthiest cities in America, we uncover a more nuanced picture: the leadership of individual mayors might be more important than party lines. With most of the poorest cities led by Democrats for decades, and yet many of the wealthiest also run by Democrats, what’s truly driving a city's success? It’s time to rethink how leadership, vision, and policy shape a city’s future. Explore the impact of mayors across party affiliations and how this...
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Breaking the Cycle: How to Find Cash-Flowing BRRRR Deals in Today's High Price, High Interest Rate Market
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Tired of endless mailers, cold calls, and browsing for deals that don’t exist? Discover the smarter way to find your next BRRRR deal and start growing your portfolio today. Feeling stuck and frustrated trying to find your next cash-flowing deal? You’re not alone. Many busy parents with 1-3 rentals find themselves endlessly browsing Realtor.com or sending out mailers, only to see little return on their efforts. The reality is, retail sellers are holding onto 2021 pricing, and traditional methods aren't cutting it in today’s market. But there’s an easier way. The BRRRRs for Busy Parents...
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Backup Lockbox Wins Again: Balancing Technology with Practical Backups
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Managing an Airbnb isn't just about offering a place to stay—it's about creating a seamless experience for your guests. In this episode, we share how we’ve successfully managed our own Airbnb, thanks to my wife’s expertise, a 4.91 rating over 60 reviews, and Superhost status for two years running. We'll discuss how integrating an August numeric keypad for guest access has been a game-changer, providing a secure and convenient check-in process. But, as with any technology, things can go wrong. That’s why we've also implemented a backup system with lockboxes to ensure no guest is ever...
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Is FICO Really the Problem, or Do We Not Know How to Play the Game?
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Many of us weren’t taught how credit scores work or how to manage credit effectively—we often learn the hard way. As both a landlord and hard money lender, I rely on the FICO system to evaluate potential residents and applicants. But as a borrower, it can feel like this system is designed to punish rather than help. If you’ve ever felt frustrated with your credit score, you’re not alone. It’s easy to believe the system is unfair, especially when a few mistakes can cause a significant drop. But the truth is, FICO isn’t out to get you—it just operates by a set of rules that most of...
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5 Core Values That Built an Online Community for Married Parents Side Hustling in REI
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Freedom, communication, respect, loyalty, and trust—these aren’t just buzzwords. They are the core values that have shaped my life, my investing journey, and the W2 Capitalist Community. When I first ventured into real estate, I didn’t realize how crucial these principles would be to my success. But over time, I’ve come to understand that these values aren’t just important—they are essential. This episode highlights how these guiding principles have influenced not only my personal journey but also the growth of the W2 Capitalist Community. From pursuing freedom beyond financial...
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Where Did FICO Come From? The Origins of Your Credit Score
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Have you ever wondered where the FICO credit score system came from? It’s easy to assume it’s always been a part of the financial world, but the reality is far more interesting. In this episode, we journey back to 1956, when two engineers, Bill Fair and Earl Isaac, saw a flawed system where credit decisions were based on personal judgments, biases, and inconsistent practices. Determined to change the game, they founded Fair, Isaac, and Company—now known as FICO—on the principle that data, not opinions, should drive financial decisions. We’ll explore how their vision took over three...
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Why Your Mass Mailers Aren't Working and How to Fix It: A Proven Method for Busy Investors
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Struggling with ineffective mailers and low response rates? Join me as I reveal the method that turned my off-market frustrations into a series of successful deals. In this episode, I break down why broad mailers fail and introduce our BRRRRs for Busy Parents program, designed to target the right sellers with precision. Learn how to optimize your efforts, reduce wasted resources, and boost your response rate. If you’re a busy parent with 1-3 rental properties, this episode will give you the tools to revolutionize your off-market strategies. Links Mentioned in this Episode: Connect...
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Forget Megacorps: Why Small-Scale Landlords Are Your True Rivals in Real Estate
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Think you’re up against megacorporations in the single-family rental market? It’s time for a reality check. This episode uncovers why your true competition is actually the millions of mom-and-pop investors out there. We’ll explore recent data showing that 80% of single-family rentals are owned by smaller landlords. Learn how these numbers impact your strategy and what you can do to stand out. Whether you’re managing 1-3 rentals or just starting out, this episode will help you shift your focus and improve your approach to finding and funding your next BRRRR deal. Links Mentioned in this...
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Small Investors vs. Megacorporations: Navigating the Influence of BlackRock, Vanguard, and State Street
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Are megacorporations like BlackRock really your biggest competition in real estate? Join us as we dissect the real impact of these large players on the single-family rental market and why small investors still have a powerful edge. We’ll explore how these corporations influence the market indirectly and how understanding this can help you find and secure your next BRRRR opportunity. Perfect for busy parents managing 1-3 properties who want to stay ahead of the game and leverage their unique position in the market. Links Mentioned in this Episode: Connect with Jay:
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From One Rental to Freedom: How Perseverance Turned My Real Estate Dream into Reality
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Ever felt like closing on another rental was just a distant dream? In this episode, I dive into my early struggles and eventual triumphs in building a rental portfolio while working a demanding W2 job and raising a family. Learn how the BRRRR strategy was key to scaling my portfolio and how those seemingly small victories paved the way for a life of freedom. If you're balancing work, family, and investment goals, tune in for insights and inspiration on how persistence and strategy can lead to achieving your dreams. Links Mentioned in this Episode: Connect with Jay:
info_outlineIn this episode, we're diving into the recent NAR class action settlement that has shaken the real estate industry. With a $418 million award, most consumers will see a mere $13 in compensation, while the legal giants walk away with the lion's share. We'll explore what this settlement means for both consumers and realtors, especially those working with investors. From new requirements for written agreements before home tours to the implications on buyer-agent compensation, there's a lot to unpack. Realtors and investors, I want to hear your thoughts on how this is affecting your business. Let's discuss!
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