The Laddercast

Having tenants poses a fair amount of risk to your real estate investment. In this episode we share ways you can get ahead of potential issues to help protect that investment (hint: planning, preparation and routine maintenance are key). We share stories of s**t that can go wrong when you have tenants and give you ideas on how you can prepare for that to limit your exposure and out of pocket expenditure. We made a podcast! The Laddercast is geared towards helping women get into real esta...

Investing in multi-unit properties is about to become more affordable. Fannie Mae is about to reduce the down payment required on 2-4 unit properties. In this episode, we cover the details, when it starts and who this is and isn't for. If you've considered purchasing a multi-unit property, this is your chance to get in with minimal down. Let us help you do that! Even Grant Cardone is excited about it: https://www.youtube.com/watch?v=WsR9tHZ0unc We made a podcast! The Ladderca...

Can you purchase an investment property without verification of personal income? You sure can. A DSCR (Debt Service Coverage Ratio) Loan is the answer. Join us to learn what a DSCR loan is, who it's for and the other things you need to consider before choosing one. They are a great tool to purchase investment properties based on the cashflow of the property. We made a podcast! The Laddercast is geared towards helping women get into real estate. We believe there is power in homeownership ...

In this episode we discuss if and how short-term rentals are impacting Portland's housing supply and housing costs. There are many mixed feelings out there about the impact of short-term rentals like Airbnb. Sorcha set about to look at the numbers specific to Portland, OR to see if she could find a measurable impact. We made a podcast! The Laddercast is geared towards helping women get into real estate. We believe there is power in homeownership and have seen firsthand the the amazing ch...

Interest rates are a little higher than we're used to and it's making some people rethink purchasing a home. What if you could negotiate a lower rate paid by the seller? Sorcha and Shannon take you through the magical 2/1 Buydown. Learn how you can lower your interest rate by 2% in the first year of your mortgage to help you get into your first investment property. We go over a real life example of a 2/1 client and how he used that to save $650/mo on his first duplex. The Laddercast host...

Considering buying a home in Portland, OR? We got you. This episode covers the top 5 neighborhoods in Portland that first time home buyers should consider in Summer 2023. Portland Realtor Sorcha Porter describes each, gives you the ins and outs and tells you what you can expect price-wise this year. Join us in Keeping Portland Weird! The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a...

In this episode we cover everything you need to know about the zero down payment VA home loan including what it's used for, gotchas you need to be watching for and how you can use it to kick off building a real estate portfolio. We share a case study of our client who used his VA benefit to help build a portfolio of 3 properties (with 5 units total) by the age of 32. We also share about how a current service member used her VA loan benefit to get into a home with zero down and have her ...

Does your yard need some love? In this episode, we cover 10 great resources to beautify your home without breaking the bank. You just spent all your money buying your home, and then they expect you to buy a lawn mower, too? We'll teach you a few tips and tricks to get you going on those home improvements. We cover items such as Chip Drop and tool libraries to get you going on making your home shine. The Laddercast hosts are real estate owners and industry professionals in Portland, Orego...

Are you considering starting an Airbnb on your property as a way to make money on your home? In this episode, we list the many, many things you need to think about before getting started: licensing and regulations, bookkeeping, management strategies, ongoing maintenance and tips for not irritating your neighbors. Short-term rentals are a great way to make money on your property, but you need to be prepared for the amount of work they take. We hope this episode gets you thinking and gives you ...

In this episode, we breakdown the numbers on the first home that Sorcha bought in 2016: how much it cost, the down payment (and where it came from), the monthly payment, and the profit made when she sold it. We compare those numbers against the rent she was paying to validate her rent vs buy decision. If she hadn't sold it, what would those numbers look like today? We hope this discussion gets you thinking about your own rent vs buy decisions. The Laddercast hosts are real estate owners ...

Want to find ways to make some extra money to cover your mortgage payment but DO NOT want roommates? In this episode, we cover 8 creative ways to make some extra money on your home. Use this as a springboard to get your creativity going and think of fun ways to help raise a little extra money. The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a primary residence for a profit and used ...

Most people agree that credit is important, but not many understand how or why credit works the way it does, especially as it relates to mortgages. We discuss what you need to know about credit in order to buy real estate: how do student loans affect you, what if you have a less than awesome credit history, and hacks for improving your scores. The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Age...

We interview a CPA who specializes in tax strategies for investors who own real estate. Learn why having taxable rental income is a good thing, why you should consider investing in real estate with a partner so you can get going sooner, and how real estate is a key component of a balanced investment portfolio. The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a primary residence for a...

What do self-employed borrowers need to know to be ready to finance a home? What paperwork do you need, how is your income analyzed, how long do you need to be working before you're eligible to buy? We deep dive on this and more. It's absolutely possible for the self-employed, creatives and gig workers out there to buy a home - it just takes professional help, knowledge and a plan. The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Por...

We hear it all the time "I'm only buying if it's a deal." What does that even mean? Specifically, what does that mean when it comes to a rental or income producing property? How do you look at a property and calculate how much it will make you as an investment? We answer that and much more in this episode, the last of our first season. Thanks for being here with us! We had fun! The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter,...

Everyone is talking about interest rates: where they are, where they're going and if they're ever going to come down. We get into the nitty gritty of what to expect regarding interest rates and what you should look at when assessing the purchase of real estate as it relates to current mortgage pricing (Shannon's favorite topic!). We also talk about mortgage interest rate buydowns - both permanent and temporary, both very timely at this point in time.The Laddercast hosts are real estate owners...

We've talked about how to find a Realtor to get you into a home. Now, how do you choose a Realtor to help you find an investment property? This may not be the same person. We discuss in detail to help you choose the right professional to represent you when purchasing an income property.The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a primary residence for a profit and used that gain to ...

Part two of our talk on how to find a not just a good but a GREAT residential Realtor. How do you find a Realtor if you don't know any? What questions should you ask ? How much do you pay ? Do you need a neighborhood specialist? We answer all these and more so that you can successfully find your real estate team.The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a primary residence fo...

We talk in depth about how to find a good Realtor who can help you find your first residential property. We cover all the things you need to know: how to find your person, what are the right questions to ask and how much you need to pay your Realtor. Shannon tells about the time when she was once a not so good realtor and had to view 4,082 homes to make her first solo sale (15:50).The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a primary residence for a profit and used that gain to change her life's trajectory and travel the world.Shannon McAlister, a nationally licensed mortgage lender, NMLS 885982, learned how to do mortgages from an investor who owned 50+ properties; she now owns investment property and teaches other people how to become successful real estate owners.In this Podcast, we will explore the many different paths, ways and journeys people take to getting on the Property Ladder.Have questions, want more information, or want to work with us? Reach out to us at https://theladdercast.com/*******The views and opinions expressed in this podcast are solely those of the Podcast authors, hosts or guests of the Podcast. The thoughts and topics shared on this Podcast are intended to be informational and a helpful tool for you to start thinking about how to invest in real estate. There is no one right or wrong way to be a real estate investor. In no way do the thoughts, ideas or recommendations in this Podcast constitute professional consultation or legal advice. Do your research, consult with professionals and make sound choices based on facts and data.  Sorcha Porter with Tiny Empire Group at Living Room Realty, License #201244211Shannon McAlister, ENG Lending, NMLS 885982

We hash out how to frame a plan to purchase an investment property. Do you want a short term rental? Long term rental? In state or out of state? We go through many of the items you need to think through when considering purchasing an investment property and discuss how you can start to make your investment plan. The Laddercast hosts are real estate owners and industry professionals in Portland, Oregon: Sorcha Porter, an Oregon Licensed Real Estate Agent, sold a primary residence for a profit and used that gain to change her life's trajectory and travel the world.Shannon McAlister, a nationally licensed mortgage lender, NMLS 885982, learned how to do mortgages from an investor who owned 50+ properties; she now owns investment property and teaches other people how to become successful real estate owners.In this Podcast, we will explore the many different paths, ways and journeys people take to getting on the Property Ladder.Have questions, want more information, or want to work with us? Reach out to us at https://theladdercast.com/*******The views and opinions expressed in this podcast are solely those of the Podcast authors, hosts or guests of the Podcast. The thoughts and topics shared on this Podcast are intended to be informational and a helpful tool for you to start thinking about how to invest in real estate. There is no one right or wrong way to be a real estate investor. In no way do the thoughts, ideas or recommendations in this Podcast constitute professional consultation or legal advice. Do your research, consult with professionals and make sound choices based on facts and data.  Sorcha Porter with Tiny Empire Group at Living Room Realty, License #201244211Shannon McAlister, ENG Lending, NMLS 885982