The House Nerds Show

Okay nerds, you asked and The House Nerds delivered. In this episode, Will and J.R. discuss EXACTLY how they position themselves to be the solution for sellers of single family real estate. They discuss not only why investors as a whole are a viable solution to a problem, but they go a step further and discuss why THEY become a solution over other investors. Spoiler alert, we only buy the deal when there is truly a win win scenario.

Hey Nerds, it was called to our attention that the previous release cut out on the last 5 minutes. We can't leave you hanging like that! Please re listen to this episode and make sure you catch the last 5-10 minutes, there is gold in there! Okay nerds, today we have what may be an unpopular opinion. When was the last time you heard a real estate investors say, "Make your portfolio smaller and PAY the TAXES!"? Yep, pay the taxes! Listen in as the Nerds discuss what it means to scale up with the sole intention to scale down, harvest your equity (AND PAY THE TAXES!!), and have a selection of paid for rentals that make your life more simple. After all, isn't a more simple life what we are all after?

Okay, hot button issue for the Nerds. If you are only a deal maker and not a construction manager, you will not make it. There, we said, go ahead and debate us. Through our 1,000s of personal deals and about that many through a lending business, the nerds see time and time again that all successful investors are good at finding the deal, but historically not so good at managing a rehab project. Listen as the nerds decipher and extrapolate the necessities of construction management and share tips on how to manage a project and how to manage contractors.

We talk about buying good deals, finding good deals.. But we do not talk enough about what a good deal actually is! Unfortunately, the answer is not as straightforward as one might think. Listen here as the Nerds dissect some real life examples and why one "deal" may be a deal for one investor, but not another. Sometimes it's a numbers game, sometimes it's not.

Do you ever feel like you are being drug through your day and can't seem to get ahead of the To Do list? As investors we have to be ready when the deal hits the table. The Nerds are advocates for telling their time where to go so that they can be ready to make those big deal decisions when the time comes. In this episode you will hear tips from The Nerds on how they control their time on a daily basis. REMEMBER this is not a blanket plan, just the one that works for the nerds. Spoiler alert... They love the early mornings.

Alright nerds, the age old question: Should you keep your primary home as a rental when you move out? The nerds break this down in pure nerd fashion. Spoiler alert, if you do, you need a plan. BONUS: The nerds break down the famous Will White 10 House Package. BONUS 2: We added a new segment to this episode! House Nerd Adjacent where we share feedback on past episodes form listeners!

Okay nerds, our friend and fellow nerd, Clint, is here to share his story. This is a special treat as we have the opportunity to hear about Clint's very first deal! Clint was a sideline nerd for quite a while and when he jumped in, he made a splash in our local market. Here his story and take note of how he get in all of the right circles by adding value to a situation.

Okay nerds, the Hartman interview was so action packed, we had to split it into two episodes. In part 2, the nerds continue to untangle the Hartman web. Most importantly, you will hear the Nerds discuss DSCR loans and how they may be the answer to the problem that is "do I flip or keep this house as a buy/hold?"

In this episode, the Nerds spend some time discussing and dissecting the first part of the interview with their fellow nerd, Michael Hartman. That interview was jam packed with great information, practical knowledge, and some high level discussion that the Nerds felt could use a little more breakdown. Be sure to listen to Part I of the Hartman Interview if you have not already.

If you have been searching for the most interesting man in the world and for sure in our real estate world, we found him. The Nerds sit down with long time friend, Michael Hartman and hear about his fascinating journey in Real Estate. If you want to hear about starting with absolutely nothing and growing to working nationally with institutional buyers, to building large portfolios, to seeing mega trends in the market... This is your episode. We do not know many people that are as multifaceted in real estate as Michael and that keep their finger on the pulse of single family real estate to the scale that he does. Truly a treat to hear his mind work in this episode. Spoiler Alert: He takes an opposing view from the Nerds' general stance of full time real estate. Michael says burn the ships and invest full time TODAY!

Buckle up, this one may hit some buttons. Some say comparables, others say comps, no matter what you say, we all use them. All of real estate seems to be governed by the comparable sales around your subject property. But what if, just maybe, the comps were not the absolute authority on the value of a property? Listen to the Nerds discuss if the comps are always trustworthy and if you should or should not base your decisions on the comp alone.

The word wealth can have different meanings in different circles. In general, we hear the word wealth used a lot in the Real Estate Investing space. In this episode, the Nerds define the meaning, discuss the relativity of wealth, and THOROUGHLY discuss what building wealth really means with Real Estate. Is Real Estate a good wealth builder? Should you use real estate as your wealth vehicle? Listen in and see!

The Nerds take a slight detour from our normal discussions as we welcome our first guest. A fellow nerd and business owner, Mason Shelby. Mason is still fairly new to his real estate journey, but has already been involved with flipping, buying rentals, and even a commercial investment. Listen in as Mason details his real estate journey, why real estate is attractive to him, and how he finds his deals. BONUS: he hits the nerds with a question they did not know was coming. Spoiler alert, you will hear each Nerd say how they would find their next deal.

Let's be honest, the renovation process is full of what if scenarios and a plethora of internal debates for the real estate investor. Aside from picking the right deal and managing your money well, knowing what to actually renovated is a top question in the process. And a question that is FULL of opinions and conflictions. You will hear discussion around: What should you renovate on your property? Is there a difference in a fix/flip and a buy/hold reno? Custom rehabs vs production rehabs. Can you really over renovate? Separating the need and the want.

The nerds go deep on a well debated topic in the real estate investing space. Should you invest for appreciation or Cash Flow? Can you have both? What are these terms and how are they misunderstood? Can you even cash flow with debt? This episode is FULL of informative discussion, healthy debate, and maybe even some findings you did not see coming. We would love to hear you take on this and any other topic we have discussed. Drop us a note at [email protected].

Okay nerds, in the last episode J.R and Will discussed mindset and how ultimately, you have to get that right before hunting down your next deal. In this episode, the nerds talk about where and how to find deals. Some deal sources require money, some require time, all require commitment.

Whether a seasoned investor or a new nerd, you have to take action to buy a deal. In this episode, the nerds discuss mindset and action items you can use to buy your first deal or your 1,001st deal. In this episode, you will hear Will and J.R. discuss: How to navigate the RE investor world and the professionals in it. What mindset you need to have or not have when making offers. Ultimately, what is the ONE THING you need to do today to make a move. SPOILER ALERT: Just buy the deal!

In the previous episode, the Nerds discussed the endless pitfalls of the full time house flipper. They felt one pitfall was so special it deserved it's on spotlight on this episode. The Nerds press on to answer a burning question: HOW MUCH CAN YOU REALISTICALLY MAKE AS A FULL TIME FLIPPER? Listen in as Will and J.R. dissect this pitfall and then give two, real life deal examples and EXPOSE THE NUMBERS for each deal. You will hear: How clouded judgement buying deals will impact your buying decision. How much you can realistically make as a house flipper in the Mississippi market. Profit (or lack thereof) numbers on two different flip projects. Spoiler Alert: One of the nerds bought both deals with clouded judgement.

In case you have not heard, house flipping is not always beautiful renovations and depositing checks. In this episode J.R. and Will go into detail explaining pitfalls that are waiting for the full time flipper and how you can avoid them. Spoiler alert, no one is immune to these pitfalls and who better to explain them that two full time flippers that have felt the pain. Buckle up and take notes.

Typically, multi-family is the carrot that is dangled at the end of the book. True to our promise, The House Nerds are giving you the multi-family scoop right out of the gate. Don't worry, we weave in plenty of single family discussion along the way to help mesh the two worlds together. Which is better, single or multi family? Why would you choose one over the other? Is one better for the new investor or the seasoned investor? Leveraging debt and cash. Can you do single and multi family at the same time? [email protected]

The House Nerds Show was created by investors for investors, specifically in the Jackson, MS market. This is not a linear, "how to" podcast. This podcast will be full of stories and conversations about real estate investing. Both the new and seasoned investor will find value and hopefully some entertainment as we talk about our bumps and bruises and a few successes. This Pilot episode will give you an intro to the hosts and a sneak peek at the upcoming episodes. Be prepared, we give you the good stuff from the very beginning. [email protected]

Fresh off the heels of their single vs multi-family discussion, The House Nerds take a deeper look at a season (9 years) of multi-family turnaround projects. They discuss operating a single family portfolio while buying a multi-family deal, selling that single family portfolio because they thought they had to, then realizing they probably should have kept it too. You will hear how Will got into multi-family, how he approached the underwriting and the thought process behind taking action, and how a mentor was a catalyst for change. You will also hear a high level, repeatable plan for a multi-family turnaround play.