WSREIP: Your Gateway to Real Estate Success in Washington State

Summary In this conversation, Jeff Utecht and Julia Pardo discuss investment strategies and the importance of not comparing oneself to others on social media. They emphasize the need to focus on personal goals and preferences when it comes to real estate investing. Jeff shares his experience of buying a fixer-upper property and realizing the potential for forced appreciation. Julia highlights the significance of location and cash flow in her investment decisions. They also discuss the importance of finding properties with vacant units and setting the rent at market value. They talk about the importance of finding creative financing options, such as commercial loans, and the potential benefits of refinancing when interest rates drop. They also emphasize the value of taking calculated risks and making sacrifices in order to build long-term wealth through real estate. The conversation highlights the need to trust the process, gather information, and find the right path for individual success in real estate investing. Takeaways

Matt McLennan, an executive vice president and shareholder at Kidder Matthews, specializes in industrial leasing and sales in the South King and Pierce counties. In this episode, he discusses his background in the wine industry and how he transitioned into a career in real estate. He explains the different types of industrial real estate, such as distribution centers, manufacturing facilities, and industrial outside storage. Matt also shares insights into market trends, including the increasing focus on efficiency and sustainability in industrial buildings. He emphasizes the importance of technology, particularly social media, in the real estate industry. Takeaways Industrial real estate includes various types of properties, such as distribution centers, manufacturing facilities, and industrial outside storage. Market trends in industrial real estate include a focus on efficiency and sustainability, as well as the increasing demand for industrial outside storage. Technology, particularly social media, plays a significant role in the real estate industry, allowing for better marketing and communication with clients. Investors should consider factors such as the going-in price, cash flow, and potential for future growth when investing in industrial real estate. The industrial real estate market in the Pacific Northwest is expected to continue to perform well, driven by factors such as e-commerce and the need for greener and more efficient buildings.

This episode brought to you be inspectify.com Summary Julia Pardo is being coached by Jan Wanot on the Washington State Real Estate Investing Podcast. Julia currently owns a duplex and wants to continue buying cash-flowing properties every two years. Her long-term goal is to provide rental properties for her future children and achieve financial freedom. Jan suggests that Julia consider buying a new property every year instead of every two years to accelerate her progress. They discuss the importance of increasing passive income and the potential for Julia's husband to support her in managing more units. Jan also advises Julia to focus on finding incredible deals and leveraging off-market opportunities. Julia Pardo discusses her real estate investment journey and her plans for future investments. She shares her experience of buying her first duplex and the challenges she faced. Julia expresses her desire to invest in a fourplex and her husband's hesitation. Jan advises Julia to focus on building relationships with wholesalers to find off-market deals. Jan also suggests exploring on-market properties that have been sitting for a while and submitting offers that reflect the market price. Julia realizes that she needs to let go of her fear and take the next step in her investing journey. Takeaways Consider buying a new property every year instead of every two years to accelerate progress towards financial freedom Increase passive income to have more resources and support systems in place Focus on finding incredible deals and leveraging off-market opportunities Involve Julia's husband in managing more units to alleviate workload Building relationships with wholesalers can help in finding off-market deals Submitting offers on on-market properties that have been sitting for a while can lead to good deals Letting go of fear and taking the next step is crucial for success in real estate investing Guest: Jan Wanot Jan is an immigrant that came to this country with nothing, studied hard and finally attained the America dream…. of a steady, corporate job. Or so he thought based on the narrative we’re all fed. Jan eventually wisened up and left the steady paychecks to become a full time real estate investor in 2017. Today he owns and operates a portfolio of 225 cash flowing units around the country plus a variety of active real estate projects in Seattle. He is the founder of the WA Real Estate Investing facebook group where about 19,000+ members in the Pacific Northwest connect and share value every day. In his spare time Jan loves to stay active, travel 3+ months per year, raise hundreds of thousands of dollars for charities he cares about, and teach real estate investing. http://facebook.com/groups/WAREI

Summary In this episode, Jeff Utecht welcomes Julia Pardo as the new co-host of the Washington State Real Estate Investing Podcast. They discuss their plans for the podcast and their own real estate journeys. Julia shares her experience as a house hacker and landlord, and emphasizes the importance of breaking down big ideas into manageable steps. They also discuss the impact of laws and regulations on real estate investing and the value of social media in sharing information and empowering others. Takeaways

Thank you to inspectify.com for sponsoring this episode Summary Victor Rybachuk shares his journey into real estate wholesaling and how he built his business, I Will Buy House. He started in nursing but found his passion in real estate. He explains that wholesaling is about marketing and sales, not investing, and emphasizes the importance of standardizing and optimizing before scaling. Victor discusses his marketing channels, including Google PPC and SEO, and the importance of building a large buyers list. He also talks about the future of wholesaling and the potential for disruption in the industry. Takeaways Chapters 00:00 Introduction and Victor's Journey into Wholesaling 07:24 Standardize and Optimize Before Scaling Your Wholesaling Business 16:22 The Future of Wholesaling: Innovation and Disruption Contact Viktor Instagram: Viktorglg Facebook: viktor.rybachuk www.iwillbuyhouse.com

Thank you to our sponosor inspectify.com Summary In this episode, Jeff Utecht interviews Jeff Bumgardner from Builder's Capital. They discuss Jeff's background in real estate and his experience flipping houses in Seattle. They then dive into an overview of Builder's Capital and their approach to construction financing. Jeff shares some unique challenges and opportunities for real estate investors, including the importance of zoning changes and entitlements. They also discuss the financing options and terms offered by Builder's Capital. The episode concludes with contact information for Builder's Capital and a reminder of the value their loan product provides to real estate investors. Chapters 00:00 Introduction and Background 02:58 Flipping Houses in Seattle 06:06 Overview of Builder's Capital 11:00 Challenges and Opportunities for Real Estate Investors 22:55 Contact Information and Conclusion About Jeff Bumgardner Studied city planning in grad school back east, did highrise multifamily development, moved to seattle to work on Citybldr tech, did some house flips and wholesaling, work for Builders Capital putting together construction financing for residential builders and developers. linkedin.com/in/jeffbumgardner

Episode Sponsor: https://www.inspectify.com/ Summary In this conversation, Eric Magnuson shares his journey in the real estate industry, from property management to acquisitions. He discusses the challenges he faced in the acquisition market and the potential market opportunities that may arise in the future. Eric emphasizes the importance of building relationships and offers advice for newcomers in the market. He also provides insights into the trends in property management, including slowing rent growth and rising vacancies. Eric concludes by sharing his contact information for those interested in reaching out to him. Takeaways Building relationships is crucial in the real estate industry, as it can lead to opportunities and deals. The acquisition market can be challenging, with stricter bank requirements and limited opportunities. Property management plays a vital role in protecting income streams and adapting to market trends. Slowing rent growth and rising vacancies are trends observed in the rental market. Effective underwriting and management are key to success in the real estate industry. Our Guest Erik Magnuson is a second-generation, award-winning real estate mgmt and investment professional with over 20 years of industry experience throughout the Western United States.

Summary In this conversation, Jason Dufault shares his experience as a real estate investor and insurance agent. He discusses how he got started in real estate investing and the growth of his local real estate meetup group. Jason also explains the importance of insurance coverage for investment properties and provides insights into what investors should look for in an insurance policy. He emphasizes the need for proper coverage and the role of insurance in protecting against potential losses. Additionally, Jason discusses his current real estate investing journey and his involvement in creative financing and lending. In this conversation, Jason Dufault and Jeff Utecht discuss the path to retirement through real estate investing. They emphasize the importance of setting goals and staying focused on achieving them. They also talk about instilling the mindset of financial independence in the next generation. The concept of house hacking and delaying the purchase of a dream home is explored as a strategy for building wealth. The conversation concludes with a discussion on investing in the Tri-Cities area and how to contact Jason Dufault for insurance and investment advice. Takeaways Joining a local real estate meetup group can provide valuable networking opportunities and access to experienced investors. Understanding insurance coverage is crucial for real estate investors to protect their investment properties. Investors should consider the age of the property and the need for additional coverage, such as sewer backup coverage. Requiring tenants to have renter's insurance can provide additional protection for landlords. Creative financing and lending options, such as self-directed IRAs, can be explored to fund real estate investments. Chapters 00:00 Introduction and Background 01:00 Getting Started as a Real Estate Investor 03:07 Growing a Real Estate Meetup Group 04:21 The Role of Insurance in Real Estate Investing 06:00 Understanding Insurance Coverage for Investment Properties 08:13 Importance of Proper Insurance Coverage 10:01 Considerations for Older Homes and Sewer Backup Coverage 13:05 Requiring Tenants to Have Renter's Insurance 15:01 Insurance for Flipped Properties 19:06 Jason's Real Estate Investing Journey 22:43 Creative Financing and Lending 29:49 The Path to Retirement 30:18 Setting Goals 30:51 Instilling the Mindset in the Next Generation 31:22 House Hacking and Delaying Dream Home 32:13 Investing in the Tri-Cities Area 32:36 Contacting Jason Dufault Email: (work) jason.dufault {at}countryfinancial.com Phone: (cell) 509-947-1879 Facebook: www.facebook.com/zmanj13 Instagram: www.instagram.com/justaskjay_13

Thank you to our sponsor: https://www.inspectify.com/ Episode Summary: In this episode of the Washington State Real Estate Investing Podcast, Jeff Utecht welcomes Sloan Kimball, CEO of Northwest Exchange, to demystify the complexities of 1031 exchanges. Sloan, with his deep roots in real estate and financial expertise, unravels the concept, benefits, and strategic application of 1031 exchanges for real estate investors looking to grow their portfolios without the burden of capital gains taxes. Key Points Discussed: - Sloan's Journey: From a CFO to CEO of Northwest Exchange, Sloan shares his transition into the realm of real estate investment and 1031 exchanges. - Understanding 1031 Exchanges: Sloan breaks down the mechanics of 1031 exchanges, explaining its significance in deferring capital gains taxes and its historical context. - Strategic Advantages: The conversation highlights how 1031 exchanges serve as a powerful tool for real estate investors, allowing for the seamless transition of investments from one property to another while keeping the capital gains tax at bay. - Navigational Tips: Sloan offers invaluable advice on navigating the intricacies of 1031 exchanges, including the critical roles of timing, property identification, and maintaining investment property status. - Common Misconceptions: The duo addresses widespread misconceptions and challenges investors face, shedding light on the practical aspects and potential pitfalls in executing a 1031 exchange. - Future and Advice: Sloan provides insights into the evolving landscape of real estate investing and the enduring relevance of 1031 exchanges. He also shares practical advice for both seasoned and first-time investors contemplating utilizing 1031 exchanges. Closing Thoughts: Sloan Kimball’s expertise and Jeff Utecht’s curiosity unravel the complexities of 1031 exchanges, providing listeners with a comprehensive understanding and actionable insights. For anyone looking to leverage real estate investments, this episode is a treasure trove of knowledge, demystifying the process and highlighting the strategic benefits of 1031 exchanges. Contact Information: - For more insights on 1031 exchanges, visit Northwest Exchange at nwexchange.com. This episode is a must-listen for real estate investors aiming to optimize their investment strategies and navigate the tax implications with confidence.

Thank you to our sponsor inspectify.com for their continued support of the WSREIPodcast! Summary Kenmore Property Management, based in the Tri-Cities area, discusses current trends, industries, and growth in the region. They differentiate themselves through their team environment and specialized professionals. The company primarily manages third-party rental properties, but also has plans to expand their own portfolio. They utilize technology, such as AppFolio, to streamline the leasing process. Kenmore Team Property Management focuses on supporting homeowners and ensuring their properties are well taken care of. They provide insights into investment opportunities in the Tri-Cities and highlight the importance of updates like stainless steel appliances and hard surface flooring. The company has plans for future growth and aims to provide excellent service to their clients. Takeaways The Tri-Cities area is experiencing growth in industries such as agriculture, wine, medical, and technology. Investors looking to expand their portfolio in the Tri-Cities should consider areas like West Pasco, South Richland, West Richland, and West Kennewick. Upgrading appliances to stainless steel and installing hard surface flooring can attract tenants and increase rental value. Kenmore Property Management differentiates itself through its team environment, specialized professionals, and use of technology. The company aims to provide excellent service to homeowners and plans to expand its own rental property portfolio. Chapters 00:00 Introduction to Kenmore Property Management 01:15 Current Trends in the Tri-Cities Area 03:15 Industries and Growth in the Tri-Cities 07:37 Differentiation of Kenmore Property Management 08:24 Ownership of Rental Properties 09:07 Role of Technology in Property Management 10:21 Supporting Homeowners and Property Care 11:14 Investment Opportunities in the Tri-Cities 16:27 Working with Out-of-State Investors 17:37 Tenant Trends and Property Updates 20:40 Future Growth of Kenmore Property Management 21:20 Contacting Kenmore Team Property Management

Thanks to our sponsor Inspectify.com Summary John Chapman shares his real estate investing journey, starting in 1989 in the Pullman area. He began investing in rental properties to secure his family's financial future and has since grown his portfolio to over 85 units. John emphasizes the importance of property management and customer service, as well as staying current with technology to streamline operations. He also discusses the learning curve involved in building rental properties, including zoning and financing considerations. John's key advice for new investors is to start with a duplex and live in one unit while renting out the other (house hacking). He also highlights the benefits of networking and finding off-market deals. Looking ahead, John plans to continue managing his properties and eventually pass them on to his children. https://anitasrentals.com/ Takeaways Chapters 00:00 Introduction and Background 03:09 Property Management and Scaling 08:00 Importance of Customer Service and Technology 12:26 Learning Curve in Building Rental Properties 21:20 Lessons for New Real Estate Investors 27:42 Future Plans and Exit Strategy

Thank you to inspectify.com for sponsoring this weeks episode! This week on WSREIP we have a conversation with April Patterson, a realtor in the Skagit County area of Washington state, about real estate investing in the region. She highlights the unique aspects of Skagit County, it being a highly potential investment area due to its geographical location, situated about an hour drive north of Seattle and its proximity to military bases. Due to numerous military bases around, the region has a significant military and veteran population, creating consistent housing demand. April also elaborates on the importance of understanding the larger picture of a property's potential by learning to look past initial problems since it puts investors in a good position moving forward. April Patterson April is a Realtor an a veterans advocate. She is a veteran of the United States Navy. She has been volunteering with veterans services since 2015. She earned her real estate license in 2021. She has had the opportunity to work with everyone from residential first time homebuyers (we call them "first time investors") to seasoned investors and developers. She do first time homebuyer classes through the Washington State Housing Finance Commission to help empower folks to take that first step into home ownership. She has extensive experience and knowledge of VA loans and veterans services/benefits allows her to educate veterans on how to start investing using the VA loan program. 00:01 Introduction to Real Estate Investing 00:34 Update on Latest Property 01:53 Understanding Property Potential 03:53 Sponsor Shoutout: Inspectify.com 04:48 Interview with April Patterson: Realtor and Veteran 05:37 Understanding Skagit County Real Estate 07:46 Investing in Multi-Unit Properties 17:37 Emerging Trends in Skagit County Real Estate 19:33 Conclusion and Contact Information

In this episode of the Washington State Real Estate Investing podcast, host Jeff Utecht interviews Derrick Stricker, a second generation commercial real estate broker from Tri Cities, Washington. Derek shares his personal journey into real estate, from considering law school to working in finance and investment banking in Chicago to ultimately returning to Tri Cities to pursue a career in property management and commercial real estate. He discusses the rise of tertiary markets, the importance of local brokers, and the various investment opportunities available in cities like Pasco, Kennewick, and Richland. Derek advocates for investors to get into the real estate market, regardless of market conditions, highlighting the potential for long-term success. He also shares about his personal investment journey and the importance of building trust and relationships in the industry. About Derrick: Derrick Stricker is a Commercial Real Estate Broker and Founder of StrickerCRE, a boutique CRE shop that provides a Brokerage, Investments, Management and Advisory services in SE Washington. He has over 12 years of experience and has completed over 300 transactions and $300 million in Deal Volume. He has also earned the prestigious CCIM and SIOR designations, which are recognized as the highest levels of expertise and professionalism in the field. He is based in Kennewick, Washington, where he is involved in various community and philanthropic initiatives. He is also a Gonzaga University alumni (BA & MBA) and a former Investment Banker and Corporate Financer in Chicago where he started his career. He is married to Kathleen for 13 years and have two children, Sloane (12) and Duke (9) and live a busy life together. https://www.strickercre.com/ https://www.instagram.com/strickerCRE https://www.twitter.com/strickerCRE Thank you to our sponsor https://www.inspectify.com

Have you ever heard these myths about the impact of technology on real estate investing? Myth #1: Technology eliminates the need for human expertise. Myth #2: Technology only benefits large-scale investors. Myth #3: Technology makes real estate investing too complex for beginners. In this episode, our guest, Josh Jensen, will debunk these myths and share the truth about how technology is actually revolutionizing real estate investments. My special guest is Josh Jensen We are excited to have Josh Jensen join us as a guest on the Washington State Real Estate Investing Podcast. With a background in tech and a passion for real estate, Josh is the perfect guest to discuss the impact of technology on the real estate industry. As the CEO and co-founder of Inspectify.com, Josh has leveraged his expertise to develop a platform that revolutionizes the way real estate investors manage their properties. With his extensive experience in the field, Josh not only understands the challenges faced by investors but also offers practical solutions to streamline processes and increase efficiency. As an active real estate investor himself, Josh brings a wealth of knowledge and firsthand experience to the table. Tune in to this episode to gain valuable insights into how technology is shaping the world of real estate investing and to hear Josh's personal journey in the industry. Speed is king and queen in real estate investments. Our software streamlines the inspection process, from accessing properties to generating high-fidelity scopes of work, enabling investors to save time, make faster decisions, and maximize their returns. - Josh Jensen In this episode, you will be able to: Discover effective real estate investing strategies that can maximize your profits and minimize your risks. Explore how diversification in real estate investments can provide financial stability and growth opportunities. Understand the impact of technology on the real estate industry and how it can revolutionize your investment approach. Stay ahead of the game by staying informed about the latest market trends in Washington State. Learn how to build a strong support system in real estate that can help you overcome challenges and achieve your investment goals. Effective Real Estate Investing Strategies Josh Jensen discusses efficient strategies in real estate investing, highlighting the need for tailored inspections based on investor needs. He emphasizes on removing variables during the inspection process, enabling investors to build robust underwriting models. Consequently, this leads to efficient property management, and the saving of significant amounts of money in high-interest environments. https://www.inspectify.com

Cole Grode's journey into the world of real estate investing began with a twist of fate. Fresh out of college and in need of a job, he found himself working in the midst of the subprime lending era. Little did he know that this unexpected experience would ignite a passion that would shape his career for the next 15 years. So, how did this twist of fate lead Cole to become a successful branch manager overseeing three locations? Stay tuned as we unravel the story of Cole's remarkable rise in the real estate market of Wenatchee. In this episode, you will be able to: Discover the thriving real estate market in Wenatchee and tap into potential investment opportunities. Explore different loan options available for real estate investors and maximize your financial potential. Navigate the supply and demand challenges in the Wenatchee area to make informed investment decisions. Uncover the desirable amenities in Wenatchee that make it an attractive location for real estate investment. Gain insights on long-term success strategies in the real estate market, ensuring your investments flourish over time. My special guest is Cole Grode Cole Grode is an experienced real estate professional with over 15 years of industry experience. Starting his career in subprime lending, Cole has since become a branch manager for Evergreen Home Loans, a direct lender. He has consistently ranked as a top 20 producer for the company, showcasing his dedication and expertise in the field. Located in Wenatchee, Cole has a comprehensive understanding of the local real estate market, including the factors that influence supply and demand, as well as mortgage rates. With a focus on assisting investors, Cole provides valuable insights and strategies for both short-term and long-term rental options. His extensive knowledge and ability to find creative solutions make him a trusted resource for individuals looking to make informed investment decisions in the Wenatchee area. Evergreen Website - https://www.evergreenhomeloans.com/loan-officers/cole-grode LinkedIn - https://www.linkedin.com/in/cole-grode-64698291 Instagram - https://www.instagram.com/team_grode/ The key moments in this episode are: 00:00:00 - Introduction 00:01:09 - Personal Investment Update 00:02:57 - Importance of Connections 00:03:33 - Introduction to Cole 00:04:39 - Current Home Loan Market 00:14:21 - Individual Approach to the Industry 00:15:11 - Planning for Long-Term Success 00:17:00 - Shift in Real Estate Market 00:18:45 - Strong Real Estate Market 00:20:48 - Factors to Consider

Have you ever heard these myths about buying a fixer-upper duplex? Myth #1: Renovating a property is always overwhelming and expensive. Myth #2: Only experienced investors can successfully tackle a fixer-upper project. Myth #3: It's impossible to find a good deal in today's real estate market. Stay tuned as our guest, Julia Muniz, reveals the truth behind these myths and shares valuable insights on purchasing and renovating fixer-upper duplexes. In this episode, you will be able to: Gain insider insights and strategies for successful real estate investing through our engaging and informative podcast. Unlock opportunities to grow your network and make valuable connections in the world of real estate through our expert tips and advice. Discover the secrets to finding and purchasing the perfect fixer-upper duplex that will set you on the path to financial freedom. Stay ahead of the market trends in Tacoma and Seattle with our comprehensive analysis and expert opinions on market conditions. Learn about the benefits of low down payment options that can make real estate investing more accessible and profitable for first-time buyers. My special guest is Julia Muniz Julia Muniz is a seasoned real estate agent and emerging real estate investor who operates in the Tacoma area. With over three years of experience in the industry, Julia has established a strong foundation of knowledge and expertise in the real estate market. Her professional journey began in 2020, a year marked by the onset of the pandemic. Undeterred by the challenging circumstances, Julia made the decision to pursue a career in real estate, obtaining her license and diving headfirst into the field. In May of 2023, Julia embarked on her first real estate investment, acquiring a fixer-upper duplex. Through her meticulous approach to renovation and hands-on involvement in the process, Julia has gained invaluable insights into the intricacies of purchasing and renovating properties. Her experiences and expertise position her as a valuable resource for first-time homebuyers seeking guidance and advice on real estate investing. Instagram: https://www.instagram.com/Juliamuniz_realtor Tiktok: https://www.tiktok.com/@juliamunizrealtor Thanks to our sponsor The Easy Home Buyer: https://theeasyhomebuyer.com/

Episode Summary In this episode, we're thrilled to have Clint Coons, a renowned expert in business strategy and real estate, share his invaluable insights. Hailing from Tacoma, Washington, Clint discusses the ins and outs of setting up businesses in the real estate industry, what investors should be mindful of, and how to navigate complex legal terrains. Whether you're a novice investor or a seasoned veteran, you won't want to miss this episode. Key Takeaways Business StructureLegal ChallengesCommon MistakesTips for New Investors Guest Bio Clint Coons Clint Coons is a Tacoma-based business strategy and real estate expert. With years of experience in the field, Clint has a wealth of knowledge on setting up and structuring businesses in real estate. Connect with Clint Coons WebsiteYoutube

Hello, Washington State! You asked, and we listened! Introducing... Season 2 of the Washington State Real Estate Investing Podcast! I'm Jeff Utecht, your guide through the ins and outs of real estate investing right here in our beautiful state. From the bustling streets of Bellingham, down to the picturesque corners of Walla Walla......from the coastal charm of Aberdeen all the way to the vibrant vibes of Spokane... We've got you covered! Real estate in Washington is unlike anywhere else. It's not just about buying and selling; it's about understanding the pulse of the community. And that's why we're here. To bring YOU, our listeners, unique perspectives from every nook and cranny of the state. Each episode, we dive deep with real estate investors, those who've made their mark, and those who are just beginning their journey. It's about finding those hidden gems in the market, and with the right strategy, even the smallest town can yield big returns. But that's not all. We also chat with professionals from investor-adjacent companies. Title companies, mortgage brokers, contractors... they all have stories to tell, tips to share, and wisdom to impart. And their insights? Pure gold for anyone looking to navigate Washington's ever-evolving real estate landscape. So, whether you're a seasoned investor or just curious about the world of real estate... ...strap in, because Season 2 is packed with inspiration, knowledge, and a whole lot of Washington love! Plus you get to follow along as my wife and I continue to grow our own rental portfolio and the lessons we have learned in becoming financially independent. If you or someone you know is actively investing in Washington State Real Estate and would like to be a guest on the show head over to wsreip.com and fill out the form on our contact page. Join us on the Washington State Real Estate Investing Podcast. Subscribe now and don't miss an episode! Where Washington's real estate stories come to life. https://www.wsreip.com

Sponsor: Join the Easy Home Buyers List today! Want to support WSREIP by being a podcast co-host? Contact Jeff today! Show Notes: Welcome to Episode #26 of the Washington State Real Estate Investing Podcast, where we explore the ins and outs of real estate investing in the beautiful state of Washington. This episode is brought to you by The Easy Home Buyer, a one-stop solution for all your home-buying needs. In today's episode, our host interviews Paul David Thompson, a seasoned real estate investor and founder of pauldavidthompson.com. Paul shares his wisdom on property selection, risk management, and investment success. Introduction Property Types and Locations Evaluating Potential Real Estate Investments Balancing Risk and Return Risk Management Strategies Advice for New Real Estate Investors Staying Informed and Adapting to Market Changes Success Story: A Winning Investment Be sure to check out our sponsor, The Easy Home Buyer, for a hassle-free home buying experience. Visit their website at www.theeasyhomebuyer.com.

Sponsors: Join the Easy Home Buyers List today! Coeur d’Alene REI Summit Follow WSREIP on TikTok Show Overview: In this episode we dive into the world of home staging. Our special guest for today is Tanya, the owner of Brilliant Staging and Design, who has helped numerous homeowners prepare their properties for sale. Tanya shares her experience in the home staging industry and how she got started in the business. She also talks about the benefits of staging a home for sale and how it can help properties stand out in a crowded market. Tanya takes us through the process of approaching a new staging project and gives some tips on how to stage a home on a tight budget. She shares a success story from one of her projects, where a property that had been on the market for about 3 years sold within 3 months of being staged and for over asking price. If you're interested in reaching out to Tanya, she recommends visiting her website, www.brilliantstaginganddesign.com. Guest: Tanya Nazariya Tanya is a working mom and entrepreneur with 2 young children (5 & 7). She has been working in the Home Staging/Design industry for almost 7 years. She built the company herself with nothing but her education, passion, and talent to fuel her dream. The company is now a thriving organization that employs over 11 people full time. Brilliant Staging & Design (BSD) is a full-service staging and design company. All their services are in house: they have a large warehouse and own all the staging furniture, décor, trucks, vans and employ movers, stagers, designers etc. Because of her education in business and background in law enforcement- BSD is run like a business, and not like a hobby. They are licensed and insured, with standard operating procedures in place to allow for a smooth, reliable process. Their goal is to make customers happy while providing a positive environment for their employees to grow and flourish, doing what they love. Tanya is passionate about educating the public and helping people see the true potential of their home, as well as how this perceived value can benefit them when it comes to selling or renting https://brilliantstaging.com/ https://www.instagram.com/brilliantstaging/ https://www.facebook.com/BrilliantStaging/ Disclosure: This interview is for informational purposes only. Nothing contained in this interview should be considered tax, legal, or investment advice. You are responsible for consulting your tax, legal, and investment advisors to determine the best course of action for your personal scenario.