19: Digital Marketing in the Digital Age
WSREIP: Your Gateway to Real Estate Success in Washington State
Release Date: 12/14/2022
WSREIP: Your Gateway to Real Estate Success in Washington State
Summary In this conversation, Jeff Utecht and Julia Pardo discuss investment strategies and the importance of not comparing oneself to others on social media. They emphasize the need to focus on personal goals and preferences when it comes to real estate investing. Jeff shares his experience of buying a fixer-upper property and realizing the potential for forced appreciation. Julia highlights the significance of location and cash flow in her investment decisions. They also discuss the importance of finding properties with vacant units and setting the rent at market value. They talk about the...
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Matt McLennan, an executive vice president and shareholder at Kidder Matthews, specializes in industrial leasing and sales in the South King and Pierce counties. In this episode, he discusses his background in the wine industry and how he transitioned into a career in real estate. He explains the different types of industrial real estate, such as distribution centers, manufacturing facilities, and industrial outside storage. Matt also shares insights into market trends, including the increasing focus on efficiency and sustainability in industrial buildings. He emphasizes the importance of...
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This episode brought to you be Summary Julia Pardo is being coached by Jan Wanot on the Washington State Real Estate Investing Podcast. Julia currently owns a duplex and wants to continue buying cash-flowing properties every two years. Her long-term goal is to provide rental properties for her future children and achieve financial freedom. Jan suggests that Julia consider buying a new property every year instead of every two years to accelerate her progress. They discuss the importance of increasing passive income and the potential for Julia's husband to support her in managing more...
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Summary In this episode, Jeff Utecht welcomes Julia Pardo as the new co-host of the Washington State Real Estate Investing Podcast. They discuss their plans for the podcast and their own real estate journeys. Julia shares her experience as a house hacker and landlord, and emphasizes the importance of breaking down big ideas into manageable steps. They also discuss the impact of laws and regulations on real estate investing and the value of social media in sharing information and empowering others. Takeaways Real estate investing is attainable for anyone, regardless of age or life stage. Time...
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Thank you to for sponsoring this episode Summary Victor Rybachuk shares his journey into real estate wholesaling and how he built his business, I Will Buy House. He started in nursing but found his passion in real estate. He explains that wholesaling is about marketing and sales, not investing, and emphasizes the importance of standardizing and optimizing before scaling. Victor discusses his marketing channels, including Google PPC and SEO, and the importance of building a large buyers list. He also talks about the future of wholesaling and the potential for disruption in the industry....
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Thank you to our sponosor Summary In this episode, Jeff Utecht interviews Jeff Bumgardner from Builder's Capital. They discuss Jeff's background in real estate and his experience flipping houses in Seattle. They then dive into an overview of Builder's Capital and their approach to construction financing. Jeff shares some unique challenges and opportunities for real estate investors, including the importance of zoning changes and entitlements. They also discuss the financing options and terms offered by Builder's Capital. The episode concludes with contact information for Builder's Capital and...
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Episode Sponsor: Summary In this conversation, Eric Magnuson shares his journey in the real estate industry, from property management to acquisitions. He discusses the challenges he faced in the acquisition market and the potential market opportunities that may arise in the future. Eric emphasizes the importance of building relationships and offers advice for newcomers in the market. He also provides insights into the trends in property management, including slowing rent growth and rising vacancies. Eric concludes by sharing his contact information for those interested...
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Summary In this conversation, Jason Dufault shares his experience as a real estate investor and insurance agent. He discusses how he got started in real estate investing and the growth of his local real estate meetup group. Jason also explains the importance of insurance coverage for investment properties and provides insights into what investors should look for in an insurance policy. He emphasizes the need for proper coverage and the role of insurance in protecting against potential losses. Additionally, Jason discusses his current real estate investing journey and his involvement in...
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Thank you to our sponsor: Episode Summary: In this episode of the Washington State Real Estate Investing Podcast, Jeff Utecht welcomes Sloan Kimball, CEO of , to demystify the complexities of 1031 exchanges. Sloan, with his deep roots in real estate and financial expertise, unravels the concept, benefits, and strategic application of 1031 exchanges for real estate investors looking to grow their portfolios without the burden of capital gains taxes. Key Points Discussed: - Sloan's Journey: From a CFO to CEO of Northwest Exchange, Sloan shares his transition into the realm of real estate...
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Thank you to our sponsor for their continued support of the WSREIPodcast! Summary Kenmore Property Management, based in the Tri-Cities area, discusses current trends, industries, and growth in the region. They differentiate themselves through their team environment and specialized professionals. The company primarily manages third-party rental properties, but also has plans to expand their own portfolio. They utilize technology, such as AppFolio, to streamline the leasing process. Kenmore Team Property Management focuses on supporting homeowners and ensuring their properties are well taken...
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Investors Highlight
That brings me to today’s investor highlight. I have been in the technology world for a long time. In my day to day job I am an educational technology consultant, supporting schools and educators in using technology with students. One thing that I tell educators and I think this holds true for everyone is to be thinking…..do I feel like I work for technology, or does technology work for me? If you feel like you are constantly frustrated by technology then it probably means one of two things. 1) You need a system in place to support you in using the technology or 2) It’s the wrong technology. Oftentimes I find we have the right technology but we don’t put systems into place to make it work seamlessly. Next thing you know you’re spending hours on something that was supposed to save you time and energy.
There is all sorts of technology to support us in our real estate investing journey. I thought I would highlight some of my favorite tools that I use on a daily basis.
- Google Workspace for Business….full disclosure I have been a fan of the Google platform for a very long time and am a Google Certified Trainer. I find that their tools, whether it be a form, their spreadsheets, or their email (Gmail) it’s just a very powerful system when you set it up to work for you. If you or your office is a Google Workspace business and you could use some training feel free to reach out….it’s what I do.
- Stessa.com I really like stessa and as a free service for me to manage all my properties, see my finances all in one place I think it’s as good as it gets and is getting better. Quickbooks is so expensive and isn’t real estate focused. Stessa.com is for real estate investors. It does one thing and does it well and at Free…the price is right as well.
- The Marco Polo app on phones. This one I have to give credit to our contractor for. When we hired him he wanted to use the app to communicate and seeing that we live across the state from our rentals he’s working on it was perfect. When he has questions about something he can actually show us what he’s talking about, we can see the problem and then come up with a game plan to solve it. Such a great way to communicate when video is needed. Free and simple to use
I’d love to hear some of your favorite technologies that you use in running your real estate business. Leave a comment on this episode at wsreip.com or any other place comments are accepted across all the social media platforms. I always love finding new programs that can help technology work for me instead of me working for it!
Guest: Brandon Bateman
Brandon Bateman started a digital marketing company as a sophomore in college and never looked back. After volunteering to do digital marketing for companies, he started the Bateman Collective and is now the premier digital marketing company for wholesalers across the country. Bateman Collective handles all digital marketing, from SEO to PPC to Facebook and Instagram ads, as well as designing and creating content for those platforms.
https://www.batemancollective.com/
Disclosure: This interview is for informational purposes only. Nothing contained in this interview should be considered tax, legal, or investment advice. You are responsible for consulting your tax, legal, and investment advisors to determine the best course of action for your personal scenario.