Real Estate Community Network Podcast

Mike Bazadona & Steve Franco

You want to keep up with industry trends, developments, and innovations, but finding reliable, up-to-date, and comprehensive sources on your own can be a difficult task. The solution? Turn to the Real Estate Community Network.By participating in the RECN, you automatically expand your network and circle of contacts. As a result, it becomes exponentially easier to find niche services, share information, resources and the ability to find your next investment property and great discounts.The last time you were stuck on a problem, did you fix it all on your own? Or did you call up a trusted friend, ask a peer for some advice, or simply take a walk on a busy street to get your creative juices flowing?Perhaps the greatest value in communities comes from the fact that when members engage with each other, they can find unlimited inspiration. Through active discussions, community members learn from each others’ mistakes, get motivated by their victories, and give and receive much-needed support. Not to mention, the collaborations that come to fruition thanks to community engagement can yield fresh, exciting innovations that simply can’t be achieved solo.  Join our Facebook group @ Real  Estate Community Network PA

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Episodes

Exploring the Evolution of Real Estate Practices with Steve Franco
Mar 20 2024
Exploring the Evolution of Real Estate Practices with Steve Franco
Unlock the mysteries of real estate commissions and professional representation with our insightful chat alongside Steve Franco. We dissect the often-concealed world of real estate transactions, offering clarity that's been missing for buyers, sellers, and investors. From the nuances of being a licensed agent versus a realtor to the impact of commission transparency on the market, we provide essential knowledge that can empower your next property deal. The conversation takes a deep dive into the National Association of Realtors' (NAR) policies and their repercussions, ensuring you're equipped with the latest insights to navigate the real estate waters successfully.The evolving real estate market doesn't have to be a riddle wrapped in a mystery inside an enigma. Join us as we discuss the future of the industry, reflecting on the value agents bring to the table and the potential shifts in the seller's market. Steve Franco brings a wealth of experience to the table, sharing his expertise on high commissions, the strategic importance of building the right team, and what the cooling market means for part-time agents. Whether you're a seasoned investor or contemplating your first home purchase, our episode is a treasure trove of strategies and insights that could prove invaluable.Prepare to master the art of negotiation from an investor's standpoint. We break down the critical tactics for handling real estate commissions and delve into the importance of buyer's protection and ethical representation. Our final thoughts examine the power dynamics in high-value property sales and the shifting negotiation landscape. Don't miss our invitation to an upcoming real estate meetup, where we'll continue the conversation on diversifying your portfolio and the benefits of different real estate strategies. This episode is a must-listen, packed with actionable advice and a sneak peek at our next episode's special broker-lawyer guest.
The Power of Persistence: A Barber's Transition to Real Estate Investing
Dec 8 2023
The Power of Persistence: A Barber's Transition to Real Estate Investing
Have you ever wondered how someone overcomes adversity and transitions from addiction to realizing their dreams? Our latest episode features a heartwarming discussion with Butter, a man who turned his life around, moving from New York to Pennsylvania and transforming from troubled past into a successful barber and real estate investor. Hear his incredible journey and discover how positive affirmations helped reshape his destiny, while his entrepreneurial spirit led him to renovate his barbershop and attract a notable tenant, Verse Styles Kim K.Switching gears, we delve into the intricacies of real estate investing. Ever thought about leveraging other people's money to fund your projects? We discuss this strategy, along with the advantages and pitfalls of dealing with traditional banks, and the role of collateral. We also explore the potential rewards of launching a convenience store and smoke shop equipped with skill machines, and our unique venture into the laundry mat business. Significantly, Butter's journey has always been about more than personal success. He shares with us his passion for giving back to the community and our shared journey to becoming certified peer specialists to assist those who need it.The road to success is often paved with well-set goals. Butter offers valuable insights and personal stories on breaking down big aspirations into attainable, specific targets, emphasizing the power of persistence. Real estate, he shares, can be a great contributor to financial stability. As we wrap up, we invite you to join us in the Real Estate Community Network PA, reach out for any real estate queries and check our podcast on various platforms. Remember, success is a journey, and every step counts. So, take that step with us and let's navigate the path together.
Navigating the Real Estate Landscape with Guy Roney
Dec 1 2023
Navigating the Real Estate Landscape with Guy Roney
Ready to dive into the fascinating world of real estate? You’re in for a treat! We welcome you to join us in this episode of the Real Estate Community Network podcast where we unearthed insights from an extraordinary guest, Guy Roney, a seasoned realtor with a vibrant music industry background. His journey from Long Island to NEPA and back into the realm of real estate is a tale worth hearing. We venture into his experiences, exploring the economic disparities between these regions and how it steered his career path.But that's not all! We take a detour into the realm of real estate investment and property management, where an expert guest guides us through the labyrinth of market trends, escalating prices, and recent regulatory upheavals. We also hint at the potential of transitional housing and spill the beans on the upcoming Real Estate Community Network event. Towards the end, we have a riveting conversation with a dynamic realtor couple who gracefully share their business navigation strategies, shedding light on their lessons from 2023 and their robust plans for 2024.So, are you ready to stride ahead in your real estate ventures? This episode offers you a wealth of information, especially if you're looking for insights into real estate investing, networking, and growth within the industry. Not only do we hear from industry experts, but we also get to witness a refreshing conversation about the significance of passive income in real estate. Be sure to tune in to this enlightening conversation and emerge with a fresh perspective on the industry. Remember, knowledge is power, and this episode promises to empower you with the right information. Get your headphones ready, and let's get started!Guy Roney Contact InfoWychock Real Estate IG: guytho_the_gratefulemail: guytho2829@gmail.com
Uncovering the Secrets of Successful Real Estate Investing with Jake and Jordan
Oct 20 2023
Uncovering the Secrets of Successful Real Estate Investing with Jake and Jordan
Eager to uncover the secrets of successful real estate investing? Join us as we sit down with the dynamic duo, Jake and Jordan, who've taken the real estate world by storm with their diversified approach. From flipping distressed properties and wholesaling to venturing into larger apartment investments, they share invaluable insights about their journey and growth in the business.Jake and Jordan are not just about profits, they place a lot of emphasis on quality and authenticity in their approach. They enlighten us about their unique marketing strategies, prioritizing distressed property owners and providing solutions tailored to their needs. One such solution is their exploration of novation strategy, a brilliant alternative for sellers seeking higher offer prices. They also spill the beans on their 2023 goal: reducing risk exposure - something every investor can learn from.But there's more. This episode is packed with golden nuggets from their experiences, including the importance of educating oneself, setting the right expectations, and their outlook on the potential legislative changes coming up. Looking for larger deals? They've got you covered. They share their experiences with equity in bigger deals and how it trumps assignment fees. They also take us through their joint ventures and their focus on motivated sellers in specific areas of Pennsylvania. Get ready to be inspired by their story of a zero-down seller finance note on a 20-unit property in Bloomsburg and their plans to scale up. Don’t miss out on this episode bursting with insights that could transform your real estate journey!Contacts for Jake & Jordan  website https://housebuyingsolutionspa.comemail: Jake@eagle-capital.coInvestor hotline:https://offmarketmentor.comPhone:570-671-2935
Unlocking the Potentials of Real Estate Syndication with Kishan Golla
Aug 28 2023
Unlocking the Potentials of Real Estate Syndication with Kishan Golla
What if you could unlock the hidden potentials of real estate syndication? Picture yourself delving deep into the intricacies of SEC 506B and 506C syndications, learning the criteria for becoming an accredited investor, and exploring vineyards, emergency clinics, private practice medical offices, and more as possible investment opportunities. This is the journey we embark on with real estate guru, Kishan Golla, who graces us with his wealth of experience from over 25 deals, and more than 4,000 doors in the commercial real estate market.As we navigate the world of real estate investment, we also confront its inherent challenges and risks. Kishan generously shares the realities of evolving interest rates, fluctuating insurance costs, labor and payroll changes due to the pandemic and their implications for your return on investment. We tackle the nitty-gritty, from the importance of investing in landlord-friendly communities to the potential returns an investor can expect and the average life cycle of a syndication.We conclude our insightful journey with Kishan by discussing diverse investment options and considerations: single-family homes, self-storage, and medical syndications. He reveals critical tax implications in retirement investments, and how to structure a deal to avoid UBIT and UDFI taxes associated with self-directed IRA investments. As we wrap up, one thing resonates: the paramount importance of honesty in syndication. Join us on this exploration and let Kishan's expertise guide you through the rewarding landscape of real estate syndication.RECN Facebook page  https://www.facebook.com/groups/5670625079733713Kishan Golla Email  kishan@vetexequity.comPhone (620)-704-1690
From IT to Real Estate - Mike & Steve talk about Tika's Journey
Jul 31 2023
From IT to Real Estate - Mike & Steve talk about Tika's Journey
Ready to crack the code to success in the cutthroat world of real estate? Let the vibrant, new realtor, Tika, guide you through the labyrinth, drawing on her fresh experiences in transitioning from the domains of customer service and IT to this thrilling industry. With a keen eye on her growth and the importance of mentorship, she made the conscious choice of aligning herself with a smaller firm, GPGH. She paints a vivid picture of her journey in our first segment, also shedding light on what drew her to Larry's courses.In our second part, we shift gears to some indispensable advice on the home-buying process, a landscape dotted with contracts, closings, cash sales, and bank transactions. Steve underscores the absolute need for inspections, warning prospective buyers against the perils of counting their chickens before they hatch. Beyond the technicalities of buying a house, she stresses upon the need to identify the key decision-makers in a deal and to be able to read their motivations for selling. As we move towards the conclusion, we dwell on some hard-hitting realities of the industry - the competitive market, potential risks for buyers, and the imminent need to stay ahead of the curve. Steve's insights on real estate investment and networking underline the importance of scouting for potential deals and the art of identifying off-market properties. Strap in for some insider knowledge on finding cash buyers, even in unlikely places like tax sales. No matter where you are on your real estate journey, this episode is your treasure map to success. Time to embark!
Unlocking the Mysteries of Home Inspections: Tips, Tricks and Tales with Matthew Rodriguez
Jul 10 2023
Unlocking the Mysteries of Home Inspections: Tips, Tricks and Tales with Matthew Rodriguez
Ever thought about what really goes into a home inspection or how you could accelerate your home buying process without compromising on quality? Join us as Matthew Rodriguez, Franchise owner of Pillar to Post Home Inspections, sheds light on these topics and more. Matthew takes us through their comprehensive offerings including investor-specific inspections, virtual tours, maintenance manuals, floor plans, and P2P estimates. He also discusses their collaboration with Punch List to provide accurate estimates and how they can be particularly beneficial for rental properties. Moreover, we delve into the affordability and functionality of two virtual tour services, Matterport and Daki Sketch, for all you investors out there.In a fascinating twist, I, your host, share my journey from HVAC engineering and automation to Pillar to Post, underlining the importance of meticulous home inspections. I share how taking extra pictures and providing maintenance recommendations can pave the way for confident homeownership. We also provide tips for accelerating the home buying process, explaining when it's time to call in a professional home inspector. Matthew and I also discuss some strange experiences we've had during home inspections. So, whether you're a homebuyer or an investor, prepare for an episode filled with practical advice, fascinating stories, and an inside look at the world of home inspections.Mathew RodriguezPillar To Post Home Inspections Phone: 570-672-7772Email: mathew.rodriguez@pillartopost.com
Mike & Steve talk with Adam Struss about cost segregation
Jun 29 2023
Mike & Steve talk with Adam Struss about cost segregation
In this podcast interview, Adam Struss joins Mike and Steve from the RECN podcast to discuss the topic of cost segregation. Adam Strauss is an expert in this field and provides valuable insights into how cost segregation can benefit real estate investors.The conversation begins with an explanation of what cost segregation is and how it works. Adam breaks down the process of identifying and reclassifying assets within a property to accelerate depreciation deductions. He highlights the importance of working with a qualified professional to ensure compliance with IRS regulations.Adam goes on to discuss the various types of properties that can benefit from cost segregation, including residential, commercial, and industrial properties. He explains how cost segregation can help investors reduce their tax liability and increase cash flow by maximizing depreciation deductions.Throughout the interview, Adam shares real-life examples and case studies to illustrate the financial impact of cost segregation. He emphasizes the importance of conducting a cost segregation study early in the investment process to fully leverage the benefits.Mike and Steve ask insightful questions, allowing Adam to delve deeper into the intricacies of cost segregation. They discuss the potential risks and challenges associated with cost segregation, as well as the potential benefits for different types of investors.Overall, this podcast interview provides a comprehensive overview of cost segregation and its potential benefits for real estate investors. Listeners will gain a clear understanding of how cost segregation works and how it can be implemented to optimize their investment returns.Contact info for Adam StrussPhone: 484.488.7982Email:  adam@strussconsulting.comWeb: https://www.strussconsulting.com