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Welcome to The Remote Investor, an ongoing conversation on the topic of building wealth through real estate. Hosts Michael, Tom and Pierre discuss the messy world of owning rental properties in remote locations. Whether you’re a seasoned investor or just trying to break through the barriers to entry, this podcast is your go-to resource for invaluable knowledge gained through hands on experience.
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Tom and Michael discuss using cash-out refinancing and HELOCs for investing in real estate. They explore the pros and cons of each option, considering loan-to-value ratios and timing for optimal financial outcomes. They also delve into the HELOC process, payments, and payment structure, highlighting the importance of understanding the mechanics of …
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In this episode, we explore the tax benefits of primary residences versus investment properties. We highlight the mortgage interest deduction cap for primary residences and the lack of such a cap for investment properties. We also discuss house hacking, where individuals buy properties with extra units and rent them out to reduce living expenses. A…
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In this episode, Tom and Michael hash it out over the topic: Should you buy a primary residence before purchasing an investment property, or should you invest in real estate first before settling into your own home? Through this debate we explore unique advantages and challenges of each approach, bringing in insights from our experiences as real es…
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A turn is the most active period for a real estate investor, apart from the acquisition itself. This is a critical time to rehab the property and make modifications that could increase the rent you can charge. But doing this on a property that is on the other side of the country adds a whole new layer complexity. Between the two, Tom and Michael ha…
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Tom and Mike discuss the evolving short-term rental industry, including regulatory updates, tax implications, and property management strategies. They share their experiences and insights on adapting to these changes and maintaining a successful short-term rental business, with a focus on personalized property management and understanding the local…
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Investing in real estate remotely can be intimidating, to say the least. From selecting which market to invest in, to building a team of reliable and communicative vendors, each step of the process is critical to building a healthy portfolio of homes. In this video, Michael gives you three tips that can help you get it right from the start! Brought…
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Hiring the best property manager for your out-of-state rental is critical to your bottom line, but how do you know which PM is best? In this episode, we go through, step-by-step, our process for vetting a selection of property managers in a remote market. Brought to you by: https://www.myfiacademy.com/ --- Transcript So they said, Hey, I need your …
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Short-term rental property is an amazing investment, as long as the conditions for it are right. Often, conditions change and we have to be able to adapt quickly. In this episode, we discuss what you can do if your vacation rental is becoming a liability. Brought to you by: https://www.myfiacademy.com/ --- Transcript What's going on everyone? Welco…
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In this episode, we analyze a case study of a fix-and-flip that wont sell after rehab. We discuss the various options available to the owner, identify strategy considerations, and extract a couple of lessons learned along the way. --- Transcript What's going on everyone? Welcome to another episode of the remote investor. I'm Michael Albaum. And tod…
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In this episode, we discuss 3 different real investment strategies that you can employ in a high-interest rate, high price real estate market. Transcript: Hey, what's going on everyone, welcome to the remote investor show. I'm Michael Albaum. And today I'm joined by my co host, Tom Schneider, Pierre Carrillo. And for this first episode, we're gonna…
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