The Creative BRRRR Strategies Podcast

Joseph, a buy and hold investor from New Jersey, discussed his strategy of purchasing and developing properties for wealth generation, with a focus on new construction. He compared regional costs of new construction and renovations, noting the Midwest as a potential hotspot for new construction due to lower costs. Justin, a market player from Louisiana, shared his experience with new construction...

Contact Our Sponsors ================= Perkitech - https://perkitech.com/ Built Lending - https://www.built-lending.com/ MB Capital Solutions - https://mbcapitalsolutions.com/ Joseph @ Built Lending - https://www.linkedin.com/in/josephvscorese/ Contact Us =========== Main Website - https://creativebrrrrstrategies.com/ Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout...

Contact Our Sponsors ================= Perkitech - https://perkitech.com/ Built Lending - https://www.built-lending.com/ MB Capital Solutions - https://mbcapitalsolutions.com/ Joseph @ Built Lending - https://www.linkedin.com/in/josephvscorese/ Contact Us =========== Main Website - https://creativebrrrrstrategies.com/ Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout...

Contact Our Sponsors ================= Perkitech - https://perkitech.com/ Built Lending - https://www.built-lending.com/ MB Capital Solutions - https://mbcapitalsolutions.com/ Joseph @ Built Lending - https://www.linkedin.com/in/josephvscorese/ Contact Us =========== Main Website - https://creativebrrrrstrategies.com/ Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout...

Joseph, a direct private lender in the asset-based lending space, shared updates about the company's offerings, which now include single family 30-year fixed loans, DSCR, and new construction loans of up to 90% loan to cost. He also mentioned that the company provides portfolio loans and unsecured business side accredited strategy discussions. Joseph discussed the current construction costs f...

Joseph underscored the importance of consistent and aligned goal setting for business success. He emphasized the efficacy of LinkedIn for professional connections and the importance of setting SMART goals - ones that are specific, measurable, achievable, relevant, and time-bound. Joseph, a private lender, shared his strategy of focusing on top metro markets and attending investor group meetings to...

Joseph underscored the necessity of a comprehensive understanding of the real estate market for successful long-term investments. He emphasized the importance of continuous professional development to stay informed about industry trends, merging technology, and best practices. Joseph also highlighted the significance of a thorough underwriting process, including a detailed assessment of the proper...

Joseph shared his expertise on cost-effective and durable construction and rehabilitation strategies for rental properties. He highlighted the importance of prioritizing key areas, using energy-efficient materials, and providing quality fixtures and ample storage space. Joseph also discussed the significance of regular maintenance and safety standards. He differentiated between fix and flip and re...

Joseph underscored the significance of exploring off-market opportunities and developing relationships with wholesalers in the real estate industry. He also discussed the need for continuous learning, marketing, and professional development for investors, as well as the importance of branding, networking, and a robust online presence. Joseph recognized the contributions of several individuals and...

Joseph discussed his experiences and challenges in real estate investment, including analysis paralysis, contract management, people management, property maintenance, self-management, and bookkeeping. He expressed concern over the lack of professionalism in presenting deals and the unrealistic expectations it creates. Joseph also highlighted the challenges of securing funding, maintaining accurate...

Joseph and Jason discussed the Infinite Banking Concept, which Jason described as a tool to help individuals take control of their financial lives by managing their own banking function. Jason emphasized the importance of using properly structured dividend-paying whole life insurance from a mutual carrier to implement this concept. He clarified that Infinite Banking is not like traditionally struc...

Joseph led a discussion about the current state and future of the real estate industry. He expressed his excitement about a perceived paradigm shift in 2024 and highlighted the need for transparency, professionalism, and adaptability in the field. He also critiqued the National Association of Realtors (NAR) settlement, stating that it would make the market more competitive and force real estate pr...

Joseph emphasizes the importance of comprehending investment strategies in real estate, understanding the market and financing options, and minimizing risks. He shares his passion for educating real estate agents nationwide and his belief in the significance of working with smarter individuals.  He also stresses the need for careful location selection, expansion, and understanding the impacts of r...

Joseph discusses his strategies for managing potentially negative situations in his work, emphasizing the importance of documenting issues before communication and providing a positive spin on negative news. He shares his experience in forming partnerships and joint ventures, but only agrees to those that make sense and require a time commitment.  Joseph also highlights the importance of treating...

Contact Our Sponsors ================= Perkitech - https://perkitech.com/ Built Lending - https://www.built-lending.com/ MB Capital Solutions - https://mbcapitalsolutions.com/ Joseph @ Built Lending - https://www.linkedin.com/in/josephvscorese/ Contact Us =========== Main Website - https://creativebrrrrstrategies.com/ Podcast Site w/ All Links - https://thecreativebrrrrstrategiespodcast.buzzsprout...

Joseph, a real estate investor, emphasizes the importance of building relationships within the power team in real estate. He stresses the significance of respecting and mingling with investors and tenants, and shared his personal experiences of how these relationships have helped him navigate challenging times. Joseph also encourages attendees to engage in deeper discussions and maintain a good re...

Joseph discusses the current state of the mortgage market, emphasizing the importance of conducting thorough due diligence in properties, people, and paperwork. He highlights the surge in rental inventory due to multifamily development and mentioned the launch of an article on LinkedIn that provides strategies for due diligence. He also shares his recent experience in closing a property purchase,...

Joseph discusses the current opportunities in the real estate market for investors, highlighting the flexibility and potential for competition with institutional investors in the 2 to 4 unit development market. He emphasizes the importance of understanding the right market, tenant, and documentation, and advised seeking professional advice. Joseph also announced the launch of their YouTube account...

Joseph discusses the importance of choosing the right loan metric for real estate investment. He highlights two essential metrics, the Debt Service Coverage Ratio (DSCR) and Loan to Value (LTV) ratio.  DSCR assesses a property's ability to cover its debt obligations with its rental income, while LTV ratio represents the proportion of a property's value that is financed through a loan. Jo...

Joseph discusses the importance of transitioning from a fast-paced flipping strategy to long-term gains through holding rental properties. He emphasizes the need for deep market analysis, including understanding the local rental market, comparative market rent, and the properties' finishes.  He also stresses the importance of buying properties at the right price and comprehending repair costs...

Joseph emphasizes the importance of honesty and transparency in dealings with loan officers and account executives. He outlines a basic rental and purchase checklist that includes factors such as market selection, property management, and necessary documentation.  Joseph also stresses the importance of understanding the market and its growth potential, as well as the significance of education for...

Gualter Amarelo shares his journey in the real estate industry, starting as an investor in 2008, going through a divorce, and becoming a multi-millionaire by 34. He speaks about his commitment to sharing his knowledge and experiences about money management for free. He also discusses his transition from a real estate agent to a trainer and mentor, sharing how he started teaching his own team of ag...

Michael Poggi discusses his transition from stocks to real estate investment, highlighting the benefits such as passive income, rising property value, and low maintenance. He also shares his strategy of investing in vacant lots, holding them for around five years and then selling them. He targets fast-growing resort communities and sells the lots on terms, effectively becoming the bank. Joseph V....

In this latest episode: Joe engages in a captivating dialogue with a seasoned property manager - Steven Meixner of Gem Property Management - and a forward-thinking realtor: Lisa Tartaglia of Silverstone Real Estate; offering listeners an illuminating glimpse into the evolving landscape of property management.  With a focus on the year 2024, the trio delves into the emerging trends, challenges, and...

Joseph V. Scorese touches on the trend of converting commercial real estate into residential properties, the potential impact of home equity line of credit reductions on investors, and the potential benefits and challenges of converting office space to residential housing.  He also discusses the trend of urban redevelopment in smaller metro cities, the potential of converting buildings into housin...