30: Data-Driven Decision Making: Leveraging Technology for Intelligent Real Estate Investments
WSREIP: Your Gateway to Real Estate Success in Washington State
Release Date: 11/22/2023
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...
info_outlineWSREIP: Your Gateway to Real Estate Success in Washington State
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...
info_outlineHave you ever heard these myths about the impact of technology on real estate investing? Myth #1: Technology eliminates the need for human expertise. Myth #2: Technology only benefits large-scale investors. Myth #3: Technology makes real estate investing too complex for beginners. In this episode, our guest, Josh Jensen, will debunk these myths and share the truth about how technology is actually revolutionizing real estate investments.
My special guest is Josh Jensen
We are excited to have Josh Jensen join us as a guest on the Washington State Real Estate Investing Podcast. With a background in tech and a passion for real estate, Josh is the perfect guest to discuss the impact of technology on the real estate industry. As the CEO and co-founder of Inspectify.com, Josh has leveraged his expertise to develop a platform that revolutionizes the way real estate investors manage their properties. With his extensive experience in the field, Josh not only understands the challenges faced by investors but also offers practical solutions to streamline processes and increase efficiency. As an active real estate investor himself, Josh brings a wealth of knowledge and firsthand experience to the table. Tune in to this episode to gain valuable insights into how technology is shaping the world of real estate investing and to hear Josh's personal journey in the industry.
Speed is king and queen in real estate investments. Our software streamlines the inspection process, from accessing properties to generating high-fidelity scopes of work, enabling investors to save time, make faster decisions, and maximize their returns. - Josh Jensen
In this episode, you will be able to:
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Discover effective real estate investing strategies that can maximize your profits and minimize your risks.
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Explore how diversification in real estate investments can provide financial stability and growth opportunities.
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Understand the impact of technology on the real estate industry and how it can revolutionize your investment approach.
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Stay ahead of the game by staying informed about the latest market trends in Washington State.
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Learn how to build a strong support system in real estate that can help you overcome challenges and achieve your investment goals.
Effective Real Estate Investing Strategies
Josh Jensen discusses efficient strategies in real estate investing, highlighting the need for tailored inspections based on investor needs. He emphasizes on removing variables during the inspection process, enabling investors to build robust underwriting models. Consequently, this leads to efficient property management, and the saving of significant amounts of money in high-interest environments.