Discover
LIV BYG
LIV BYG
Author: Nick Painz
Subscribed: 2Played: 0Subscribe
Share
Description
Everyone can build wealth through real estate. Whether you’re buying your first home or your next investment property, real estate expert Nick Painz and his featured guests bring decades of experience to the show helping you make the best buying and investment decisions with complete confidence.
The LIV BYG Podcast will give you the tools, resources, and expert information you need to leverage real estate into a wealth building strategy so you can stop worrying about your 9-5 and start to "LIV BYG".
Tune in weekly for new episodes! For even more real estate and investment resources, get Nick's FREE "A to Z Investment Guide" at https://blackyetigroup.com/resources/
The LIV BYG Podcast will give you the tools, resources, and expert information you need to leverage real estate into a wealth building strategy so you can stop worrying about your 9-5 and start to "LIV BYG".
Tune in weekly for new episodes! For even more real estate and investment resources, get Nick's FREE "A to Z Investment Guide" at https://blackyetigroup.com/resources/
37 Episodes
Reverse
Dive into the world of home buying with clarity and confidence in this episode. We'll guide you through each step, from setting your budget to thoroughly reviewing your purchase agreement, eliminating any surprises along the way. Listen in to learn about the crucial role of home inspections in preventing unexpected expenses, the significance of a comprehensive review of purchase agreements, and more. You can find show notes, resources and more at: https://bit.ly/47TOgWo
Transform your trajectory in 2024 by setting goals that propel you forward, not leaving you looking back with regret. In the upcoming year, consider whether you want to check off your goals by the end of the third quarter or find yourself disappointed with unmet goals by year-end. In this episode, I will break down the importance of goal-setting for entrepreneurs, business owners, and real estate professionals, sharing how meticulous planning for both your personal and professional life can get you the success you desire. You can find show notes, resources and more at: https://bit.ly/419P7Qq
Today we're diving deep into the recent Burnett v. National Association of Realtors lawsuit, where plaintiffs argued against excessive commissions and alleged price-fixing due to the cooperative compensation rule. In this episode, we'll explore the roots of these lawsuits, delve into the history of real estate agencies, and uncover the role of the National Association of Realtors. We'll connect the dots to understand how this landmark case is reshaping today's real estate market and what it means for buyers and sellers alike. You can find show notes, resources and more at: https://tinyurl.com/26y2sw36
Today we will be talking about mortgage rates—their past, present, and future implications. We'll uncover the impact these rates have on buying power and the ever-evolving real estate market. Are you one of the individuals who might be feeling a tinge of buyer's remorse after making a property purchase during the COVID-19 peak market? Let's shift that perspective and recognize the invaluable asset you've acquired: cheap leverage. You can find show notes, resources and more at: https://tinyurl.com/4r5dmv4c
In the world of real estate, it's often said that "location is everything," and in this episode, I will be talking about the significance of this adage. We explore the critical factors that come into play when evaluating a real estate location and why it holds immense importance. Throughout this episode, you'll hear valuable and practical tips on selecting the right location for your real estate investments. You can find show notes, resources and more at: https://tinyurl.com/4nw7xbe9
What are savvy investors doing to adapt to issues such as higher mortgage rates? In this episode, we'll explore the dynamic landscape of creative financing in today's real estate market. I’ll delve into creative finance options and how they work, offering leverage even in challenging financial climates. You can find show notes, resources and more at: https://tinyurl.com/nhju8zzy
Are you wondering whether placing your property into an LLC is the right move for you? In this episode, we'll explore the question of whether or not you should consider this strategic move for your real estate investments. I'll break down the advantages and disadvantages of placing your property into an LLC, shedding light on critical factors that can influence your decision. You can find show notes, resources and more at: http://tinyurl.com/57cv423n
While the benefit of real estate investment is undeniable, it's important to be well-prepared for the challenges that come with it, as well. In this episode, we dive into the essential insights you need to navigate the pitfalls of property ownership. Whether you're a seasoned investor or a first-time property owner, tune in to hear which housing laws and regulations can impact your investment journey and more. You can find show notes, resources and more at: https://bit.ly/3smBvUt
Ever wondered how the current market landscape is shaping up and what it means for you? In this episode, I will explain the intricacies of the present market conditions, addressing your concerns and shedding light on the complexities that abound. You'll gain a comprehensive understanding of the factors driving the market and the opportunities they present. You can find show notes, resources and more at: https://bit.ly/3QG1ikI
How are landlords and tenants affected by the 2023 Colorado residential leasing updates, and what's essential for compliance? In this episode, I explore the latest shifts in the 2023 Colorado leasing regulations, underscoring the need for both parties to be well-informed and ensure their leases are up-to-date. You can find show notes, resources and more at: bit.ly/47xZJeD
Have you ever wondered what you’ve done in your life to get to where you are today? In this episode, we're taking a break from real estate and getting vulnerable. I'll be sharing some of my own life experiences that have helped to shape who I am and the lessons that I learned from each of them. You can find show notes, resources and more at: bit.ly/3QuHtwF
Ever wondered what it takes to dive headfirst into real estate investment? In this episode, we sit down with Andrew Femrite, Professor of Engineering Practice at CU Boulder, as he shares his journey into the world of real estate investment. Andrew opens up about his experience venturing into the real estate market during the turbulent and aggressive times of 2022, recounting his initial apprehension in entering an industry completely new to him, as well as how it was his own son's house hack that roped him into real estate investment. You can find show notes, resources and more at: https://bit.ly/44Kzfoz
Today, we're diving deep into the Meta Homes Investment Experience guide. Have you ever wondered what it takes to excel in the rental property game? This episode may clarify a few answers for you. I'll lead you through every page of the guide, sharing the secrets and strategies for a thriving rental investment journey. From perfecting your property's online presence to navigating lease negotiations and handling non-compliant tenants, we've got you covered with the knowledge you need. You can find show notes, resources and more at: https://bit.ly/3K3zm6c
Are you ready to start your journey toward financial empowerment? In this episode, I will be explaining the importance of creating multiple streams of income, as well as why I strongly believe that relying solely on earned income isn't the ultimate path to building wealth. There's so much more to it than that. Climbing the corporate ladder, providing exceptional value to our employers, and gaining valuable experience can open doors to creating our very own empire. Listen in as I encourage you to reclaim your time and explore ways to exchange it for even greater value. You can find show notes, resources and more at: https://bit.ly/3PXsz1z
Today we're diving into the syndication model of real estate, focusing on how people are compensated and the key elements to consider when creating these syndication models. Throughout the episode, I'll break down the five ways general partners get paid and discuss the significance of conducting thorough due diligence, emphasizing the importance of general partners personally inspecting each property. You can find show notes, resources and more at: https://bit.ly/3PLOU1Z
Today we delve into the tax advantages of real estate, with a focus on the 1031 exchange and the exchange of rental or investment properties. The primary objective of the 1031 exchange is to enable the acquisition of additional real estate while deferring taxes on non-residential properties. To ensure a complete deferral of the capital gain, certain prerequisites must be met. In this episode, I will break down what these prerequisites are and more, so that you can ensure you're making the most of your real estate investments moving forward. You can find show notes, resources and more at: https://bit.ly/3CS5uWo
Are you aware of the hidden tax advantages lurking within real estate? In this episode, I discuss the tax law intricacies, debunk misconceptions, and reveal a lesser-known truth: selling your home does not always trigger tax obligations. I will also reveal how the tax exemption strategy can be effectively utilized multiple times to your advantage. You can find show notes, resources and more at: https://bit.ly/46hG4Pz
In this episode, we will delve into the basics of real estate syndication. Real estate syndication can be likened to crowdfunding for real estate, where multiple parties form a partnership, typically an LLC, to collectively own a property. It provides an opportunity for investors to diversify their portfolios and enter the real estate market without the hassle of property management. The syndication is divided into general partners (GPs), who oversee asset management, and limited partners (LPs), who contribute capital and have a more passive role. We will explore the government incentives for property development and the prerequisites to consider before engaging in real estate syndication. You can find show notes, resources and more at: https://bit.ly/3NpVB8v Important note: at minute 13, Nick is referring to exemptions 506b and 506c, not 501.
Have you ever wondered how people amass extensive real estate portfolios or generate substantial cash flow? How do they build immense generational wealth? In this episode, we explore the "trade up, trade often" method and its application in scaling within the real estate industry. I will share the secrets behind moving from an initial modest property to acquiring several multi-million dollar real estate assets. You can find show notes, resources and more at: https://bit.ly/3CoKbf2
Clayton Shearer, Managing Partner at Strategic Partners Financial Group, makes a return appearance to delve into the ongoing debate between real estate and stocks as investment options. He provides insightful analysis of the returns associated with each and offers valuable insights into why one might choose one over the other. It is important to approach discussions claiming the superiority of one investment avenue over the other with an open mind. While biases tend to favor one side, he sheds light on the multitude of factors that come into play when considering real estate versus stocks. You can find show notes, resources and more at: https://bit.ly/3MQfaoY



