The REI Concierge Podcast

Tim and Lisa talk all about Maryland and DC.  Lisa interviews Tim about the area, what investors can expect, taxes, landlord laws, and other considerations if you are thinking about investing in the MD/DC area.Connect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

Tim and Lisa share wisdom gleaned from Brandon Turner and his book, The Book on Rental Property Investing.These 4 principles are foundational to avoiding failure:Watch your RISKEDUCATE yourselfANALYZE the numbersWork on your BUSINESS more than in itWe talk through these principles and share our own learnings that continue.  Remember to reach out with questions!  You are not alone!Connect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

Lisa and Tim talk with Gabe Whitmer, Mortgage Banker of First Bank of Tennessee.Gabe is joining us for the third time and we appreciate his insights and updates on rates and perspectives from the Mortgage Banking side of things.  Gabe also shares from his own investing experience.We dig into rate locks during this episode and learn lots about various options.Overall, Gabe gives us the perspective that worrying about rates is mostly useless.  We can't control them.  We have to continue to look at the numbers and decide if they work for us or not.  Rates will rise and fall.  Keep buying when it makes sense, refinance when it makes sense, and let go of the worry and stress!Thanks for sharing, Gabe!Connect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

Tim and Lisa explore how to continue growing and building your investment portfolio during these turbulent times.While neither Lisa nor Tim are economists, financial advisors, or attorneys, they share their personal opinions and experiences to hopefully add to your conversation about how to diversify your portfolio, hedge against inflation, and keep your wealth growing steadily throughout the ups and downs of time.Connect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

Today, Tim and Lisa talk with Sales Representative, Danny Cole, of Spartan Invest in Birmingham, Alabama.Danny is a wealth of knowledge on all things Birmingham and the surrounding areas.  Spartan Invest is a Turnkey Company with a sister Property Management Company, providing investors a streamline process for buying properties and having them expertly managed.We plan to do more market deep dives, so let us know what markets you are interested in!Reach out to us and we'll give you a proper introduction to Danny!Connect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

Today, Tim and Lisa have James Maffuccio on the show!Jim is the Co-Founder of Aspen Funds.  Aspen Funds focuses on helping investors earn high yields every quarter without the built-in volatility of traditional investment options.  Jim Maffuccio has enjoyed a long and successful career in real estate, and has some battle scars to prove it.Before Jim discovered note investing, he was a thriving real estate developer in southernCalifornia. One of his projects, Traditions, even won a Gold Nugget Award. But the housing crisis brought his success to a screeching halt, teaching him a valuable lesson about marketvolatility in the process. After moving to the Midwest, where he flipped houses to put food onthe table for his family, Jim came to a realization: when the market stabilized, the people on the right side of debt would cash in big. In 2009, he began investing in mortgage notes, and three years later, with his investments proving to be secure, consistent, and highlyprofitable, he partnered with Bob Fraser to launch Aspen Funds. So far, the business haspurchased over 1,000 loans in more than 30 states and grown to three separate funds in justover six years.With Aspen Funds, Jim oversees acquisitions and underwriting as well as relationships with primary sources and key vendors. More importantly, he helps people receive consistently high yields on their investments while helping homeowners stay in their homes, too.Aspen Funds WebsiteInvest Like  Billionaire PodcastConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

In today's episode Lisa and Jean discuss various transitions in RE investing and the rising rates.Transitions come after closing on a new property, tenant turnover, changing property management companies, personal moves, and more.  Planning ahead for transitions can help decrease the stress associated with them!Also, with rising interest rates, what can investors do to stay on top of things, keep searching out deals, and not get in over their heads?We come up with several great ideas including:Keep searching and always keep your eyes open (never know when a deal will appear!)Exercise patienceZoom out -- then zoom in somewhere else.  There are SO many different markets to explore!Stay in community!  It's much easier to get through difficult times if you know you aren't alone -- and you aren't alone!  Connect with Tim and Lisa:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

In this episode (Jean's first in a co-hosting role!!), we discuss some of the mindset barriers that come into play when choosing between a rental property as solely an investment vehicle, and choosing a location where you may want to spend more time yourself. Tune in for some tips and tricks about how to potentially find asset classes in expensive markets that allow you to affordably spend the time you want to there, AND turn a profit when you're living in your primary residence. We also discuss the continually rising interest rates, inflation, and potentially adding a mix of short term, medium term, or ADU hacks to your portfolio of long term buy and hold properties. As always, we discuss how real estate investing is not a "one size fits all" venture, and there are a million ways to be successful. Each investor has to find the mix that works for their risk tolerance, and helps them to attain their financial goals. Spoiler alert, this strategy tends to change organically as you grow your portfolio, and that is completely fine!Connect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

Tim and Lisa talk with Eric Saul, Residential Architect and Owner of Saul Architects.Eric lives in Takoma Park, Maryland, in addition to his architecture firm, he's a RE investor, has lots of experience flipping houses, and knows all about house hacking and ADUs.This is a fantastic conversation that will help you sort out when you need an architect, structural engineer, contractor, or someone else to get your renovations completed professionally.  We also talk about ADUs and think it would be worth further exploring ADUs in a full episode.  Let us know if you are interested!More about Eric:Eric Saul founded Saul Architects in 2005 and created a top quality residential design firm with the highest respect for customer service.Ever since he could remember, Eric has been fascinated by buildings, architecture, and cities. What started with Lincoln Logs and Legos eventually became real buildings.Eric received his Bachelor of Architecture degree from the University of Notre Dame. Following graduation, he worked for several different architecture firms in California and Maryland where he developed his skills in multi and single-family residential projects, commercial buildings, and religious facilities.  Since founding Saul Architects in 2005, Eric has designed over $100 million in construction and over 500,000 square feet.With over 150 local projects completed to date, Saul Architects has quickly become one of the leading residential architecture firms in Takoma Park and Silver Spring, MD. Our firm has grown an extensive list of clients with projects popping up all over the area. Our clients continue to refer us while providing the highest reviews for quality, knowledge, professionalism and customer service. In addition to being experts in residential design, Saul Architects are also experts in obtaining Montgomery County historic area work permits, Accessory Dwelling Units (ADUs), and Takoma Park tree protection plans.Saul Architects is licensed to practice architecture in Maryland, Virginia, and the District of Columbia.  He resides in Takoma Park, Maryland with his wife, Diana, and his dog, The Dude. When he is not designing houses or sketches urban design ideas, you can find Eric playing or coaching baseball.Connect with Eric here. Connect with Tim and Lisa:Schedule a call with TimSchedule a call with LisaLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

Today, Tim & Lisa talk with Alton Dawsey.Alton has worked for the Federal Government for over 19 years in both domestic and overseas assignments.  He currently resides in the Washington DC area.Alton has been investing in RE since 2009, and has experience wholesaling, flipping, landlording, seller financing, and investing in tax liens.He shared his experience with zeroing in on notes and tax liens as his primary RE investment strategies and why he's chosen this path.This is a great episode with so much information!  Listen in and learn a ton!Connect with Alton here!Connect with Tim and Lisa:Schedule a call with TimSchedule a call with LisaLearn more at thereiconcierge.comConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com