Maximizing Rental Investments: Hot Trends and Self-Management Benefits with Lexie Nykyforuk
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Release Date: 08/08/2024
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...
info_outline
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...
info_outline
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...
info_outline
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...
info_outline
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...
info_outline
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...
info_outline
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:
info_outline
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_outline
What’s Missing in Your Rental Lease? The Case for Banning Play Structures, Pools, and More
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Ever had a tenant ask if they could set up a 20-foot inflatable pool on your property? It happened to me, and it got me thinking—what's actually in my lease? In this episode, I dive into why it’s crucial to regularly review and update your lease agreements, especially when it comes to play structures, trampolines, pools, and other large outdoor equipment. This isn't just about keeping your properties in good shape—it's about protecting yourself legally. Whether you're a seasoned landlord or just starting out, this episode is packed with practical advice and a bit of humor along the way....
info_outline
BRRRRs for Busy Parents: Get Sellers Calling You in 90 Days Without the Hassle
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
What if I told you that in just 90 days, you could have sellers calling you without sending mailers, cold calling, or hiring a virtual assistant? Sounds unbelievable, right? But here we are, ready to soft launch a system that has helped us steadily grow our real estate portfolio over the last decade. We break down the three pillars of our program: a proven marketing plan that brings leads to you, verified financing strategies for those without a hefty down payment, and expert coaching on negotiating directly with sellers. If you or someone you know might be a good fit for this game-changing...
info_outlineJoin Lexie from Hemlane as she takes over today’s podcast to dive into the hottest property trends and share the benefits of self-managing your rental properties. In this episode, Lexie covers key trends such as the shift to suburbs and rural areas, the rise of green living, and the integration of smart home technology. She also highlights the cost savings, greater control, and personalized service that come with self-managing your properties. Learn how leveraging technology like Hemlane can simplify the process and maximize your investment potential. If you have any questions or want to learn more, reach out to Hemlane and mention you're part of the W2 Capitalists for a special discount.
Links Mentioned in this Episode:
Connect with Jay: