Mortgage Wise with Mike Wise

Navigating the Real Estate Landscape with Tristan Almada In this episode, we sit down with Tristan Almada, a seasoned real estate professional with multiple companies under his belt. Tristan shares his insights on the importance of consistent content creation, the power of storytelling, and leveraging social media to build your brand and generate leads. Key Highlights: - Tristan's philosophy on "k...

Real Estate Portfolios Across Generations w/ Bruce Stein :: Ep 22 Mortgage Wise with Mike Wise   In this episode, we talk to Bruce Stein from Real Property Partners. He discusses transitioning real estate portfolios from one generation to the next. He highlights the challenges faced by aging baby boomers with portfolios valued between $25 to $75 million, emphasizing the need for strategic planning...

In this episode, we explore the complex challenges faced by homeowners and renters in the aftermath of the devastating fires in the Palisades and Pasadena areas of Southern California. Our guest, Merilee Iverson from real brokerage, provides valuable insights into the legal and practical implications of the crisis, including: The California price gouging restrictions that limit rental price increa...

Effective Communication and Negotiation Strategies for Real Estate Professionals w/ Craig Peterson :: Ep 20 Mortgage Wise with Mike Wise   In this episode, Craig Peterson and I discuss effective communication strategies in real estate. Craig emphasizes the importance of ensuring clients are never surprised by the process, using clear and timely communication. We highlight the need for initial clie...

Rebuilding Homes and Restoring Communities w/ Scott Squires :: Ep 19 Mortgage Wise with Mike Wise   In this episode, our conversation centers on the impact of the Southern California fires on the real estate market, particularly in Ventura County. Scott discusses the destruction of 12,000 structures, affecting potentially 100,000 people, and the strain on the already short-supplied housing market....

Understanding Real Estate Contingencies:: Ep 18 Mortgage Wise with Mike Wise   In this episode, we cover the importance of contingencies in real estate transactions from both the buyer and seller perspectives. Contingencies are contractual clauses that allow buyers to back out of a deal under certain conditions, such as issues with the home inspection, appraisal, loan approval, or insurance covera...

Insights From Experienced Real Estate Agents w/ Kendall Baker and Trisha Perez :: Ep 17 Mortgage Wise with Mike Wise   This episode features a discussion on the current real estate market with agents Kendall Baker and Trisha Perez. They highlight the market's volatility, noting that it changes weekly and emphasize the importance of partnering with professionals. We discuss the shift from a seller'...

Navigating the Ups and Downs of the Housing Industry w/ Scott Squires:: Ep 16 Mortgage Wise with Mike Wise   In this episode, we talk to Scott Squires, a real estate professional with over 16 years of experience in the industry. He currently runs his own real estate agency and has been actively involved in the local Ventura County/1000 Oaks market.  Scott takes a thoughtful, client-focused approac...

Paying Off Your Mortgage in Half the Time:: Ep 15 Mortgage Wise with Mike Wise   This episode discusses a strategy to pay off a mortgage in half the time of a 30-year fixed rate mortgage. Using a simulator, he compares a $1 million purchase with a $800,000 loan at 6.75% interest to an all-in-one loan. The all-in-one loan, with bi-weekly payments and additional $200 monthly, saves $406,000 in inter...

A Deep Dive in the Condo Market w/Tim Parent and Jessica Bravo:: Ep 14 Mortgage Wise with Mike Wise   In this episode, we focus on the evolving condo market, particularly the challenges around affordability and insurance. We discuss the pressure on Fannie and Freddie to make condos more accessible for first-time homebuyers, while also managing the risks associated with aging condo infrastructure a...

How CMG Home Loans is Revolutionizing the Path to Homeownership:: Ep 13 Mortgage Wise with Rose Marie and Natalie   In this episode, Mike sat down with his two bosses, Rose Marie and Natalie. They discuss the benefits of joining CMG, highlighting its innovative products and strategic leadership. They emphasize the Home Funded program, which allows customers to crowdsource down payment funds, and t...

Exploring Alternative Lending Solutions for Self-Employed Borrowers:: Ep 12 Mortgage Wise with Mike Wise   This episode covers the evolution of non-QM (non-qualified mortgage) loans, also referred to as non-agency loans. It provides historical context on the subprime lending crisis and how the non-QM market has since developed more robust underwriting standards focused on the borrower's ability to...

Hard Money Lending with Nick Blatin :: Ep 7 Mortgage Wise with Nick Blatin  Nick Blatin shares his expertise in real estate investing and private lending, emphasizing the importance of trust, experience, and calculated risks. He discusses his journey from a high school dropout to a successful real estate agent and hard money lender, highlighting challenges and lessons learned along the way.  From...

Trusts and Real Estate w/Donnie Flaig :: Ep 8 Mortgage Wise Mike Wise and Donnie Flaig discuss the basics of trusts in real estate financing. A trust is likened to a "bucket" for assets, avoiding probate and its associated court fees and delays. Probate can take 12-24 months, freezing assets and incurring significant legal costs. Beneficiaries, typically family members or charities, are chosen by...

Paul Hargraves from Trust Properties USA discusses the company's unique approach to probate and trust real estate, which he calls the "family flip." This strategy involves renovating homes for families at no upfront cost, with the family retaining all equity. Trust Properties USA has been in business for 25 years and operates in multiple states. They have completed over 1,000 projects, often deali...

Navigating Assisted Living w/Kelila Heller :: Ep 10 Mortgage Wise with Kelila Heller Mike Wise and Kelila Heller discuss the complexities of assisted living for seniors. Heller, co-owner of Assisted Living Connections, explains their free service that helps families navigate senior living options, including assisted living, memory care, and residential care homes. They assist in finding the right...

On this episode, Mike Wise and former Pro-Skateboarder-turned-Entrepreneur and President at Commune Capital, Mikey Taylor discuss the volatility of the real estate industry and the importance of staying informed. They discuss their experiences on managing fear and uncertainty in business and investing. You will hear some great strategies for investing in self-storage facilities, emphasizing the im...

On this episode, Mike talks with Jim Kelley with Kelley Insurance Agency. The conversation revolved around home insurance coverage and exclusions, with a focus on California. Mike and Jim discussed the importance of having an agent for insurance coverage and updating policies to reflect current dwelling coverage limits. They also highlighted the benefits of installing safety features such as fire...

On this episode, Mike talks with Dina Mabry with BGA Insurance. They discuss the importance of purchasing long-term care insurance when you’re young and healthy. They also talk about the importance of considering long-term care options and protecting wealth and assets in retirement.  From Dina: “Dina is a trusted resource for life, long-term care, disability insurance. Being in the industry for ov...

On this episode, Mike talks with Marya McFadden with McFadden Family Law & Mediation. They discuss the importance of mediation before resorting to traditional litigation in divorce cases. They also discuss various aspects of divorce and spousal support, including the factors that determine spousal support payments, the options for ending or modifying spousal support, and the potential cost sav...

On this episode, Mike talks with Joel Dobrin with Cost Segregation Initiatives. They discuss cost segregation as a tax strategy in real estate financing, with details on the process and benefits of cost segregation studies. They clarify the process and highlighted potential tax savings for various investment opportunities, including a manufacturing facility, apartment complex, mixed-use retail and...

On this debut episode, Mike Wise talks with Tristan Ahumada, the creator of LabCoat Agents Facebook Group.  In this episode they discuss how Real Estate Agents can grow their businesses through strategic partnerships, online lead conversion, and personalized communication. Building long-term relationships with clients and leveraging social media and messaging platforms to engage with them is cruci...