This episode can be watched on Youtube.com https://youtu.be/JpR_m72OcEI What is an Accessory Dwelling Unit (ADU), and what good is it? We speak with Tysen Webb, VP of Marketing and Sales at R5 Homes. 0:00 - Introduction. What's an A.D.U.? 3:40 - Every municipality has rules, and what income can lenders use? Spoiler: R5 ADUs are compliant! 5:41 - Ho…

Everything you ever wanted to know about moving companies...from a moving company itself! Miracle Movers agreed to join us for this tell-all episode about the services moving companies provide. 0:00 - Introduction4:51 - How long does it take? What's the process?7:19 - What about accidents and damage?8:47 - Hire a reputable company.10:13 - Miracle M…

You can watch this episode on Youtube.com: https://youtu.be/Rw1Xy8cyTB0. If you're waiting for rates to go down before you buy a house, you might be in for a rough ride! Even if you time the market just right and get some amazing rate, you're going to LOSE money because you lose inflation.By Tyler Cazier, Aric Wiszt, & Jason Christiansen

You can watch this episode on YouTube.com: https://youtu.be/tH_cAP8vfzo With all the changes in the market place, are you ready to use your buyer power? Sellers, are you ready to work with buyers? 0:00 - Introduction 2:20 - Sellers will work with you 3:54 - Buyers have so much more power right now! 7:22 - What are we seeing sellers do? 9:20 - Are y…

This episode can be viewed on YouTube.com: https://youtu.be/tgW3CDe81Qc. Together with guest, Adam Hall, we exlpore the wonderful world of real estate investing. Here's a guy who has participated in more avenues of real estate from being a lender, to flipping houses, to being a contractor, to owning the contracting company, to being a landlord, to …

You can watch this episode on YouTube: https://youtu.be/gh-KdXH6hDA Can you build a cabin there? What about a non-permanent structure? And how is it going to be financed, anyway? 0:00 Introduction. Cabin property. Is a cabin just a vacation home that's inaccessible during some portion of the year? Is it just a "house" in the woods? What exactly doe…

You can also view this podcast on YouTube.com: https://youtu.be/QOpPqQgMQno. You've heard of house hacking, right? Well, social media doesn't tell you the full story. 0:00 - Introduction. Jason's son got a reel talking about how to house hack. Easy way to make your house payment. 2:07 - Sustainability Rule. Rent from the other units has to make the…

You can watch this episode on Youtube.com: https://youtu.be/Jbu7nUh4j3U. Tyler, Aric, and Jason talk with Hyrum Oaks, CEO of RaceEntry.com, about how he got started in real estate investing. 0:00 - Introduction. Hyrum Oaks is NOT a professional investor, but he's got 31 units! Even though he's from Utah, he chose to invest mostly in Indianapolis, I…

You can watch this episode on Youtube.com: https://youtu.be/KZWEb2iXAH4 Cost Segregation Analysis Studies are an important part of investors' tax strategy for depreciation. If it's a commercial building, you can take 39 years of depreciation. If it's a residential structure, you're able to depreciate for 27 and a half years. But does your carpet la…

Getting beyond real estate investing basics, here are three principles to supercharge your investment game: cash-value indexed life insurance policies, cost segregation analysis, and opportunity zones. Guest Alex Ball explains how you can integrate these ideas. 0:00 - Introduction 4:02 - Life Insurance. Whole Life vs Indexed Universal Life Insuranc…

You can watch this podcast on YouTube.com: https://youtu.be/2IP2eiAvJAc What's happening in real estate right now? Is it a crash? Is it the eye before the storm? Is it a momentary lapse? 0:00 - Introduction 2:15 - Rates are going up. 4:00 - People are priced out of the homes they're living in right now. 5:45 - Real estate is stable (more stable tha…

What’s in inspection for? How do you choose a good inspector? What should you expect for your inspection? An inspection is a critical opportunity for a buyer to get information about the property they’re buying, and it can help the buyer know if there are any issues that would affect the value of the home. 0:00 – Introduction 1:38 – When and why do…

You've heard of the 2-1 buy down, but what is it really? What about other loan options like discount points or a single MI pay down? 0:00 - Introduction 1:49 - 2-1 Buy Down. This is what it is and the calculations on how it works. The buy down is NOT paid by the buyer. 2% less rate first year. 1% less rate the second year. 3rd year is the normal ra…

You can view this episode on Youtube.com: https://youtu.be/F9N0ns5lxP8 How do you get the investing ball rolling? We just took a leap ourselves in Indiana. Here's how we did it. 0:00 - Introduction 1:20 - Why invest? Financial freedom, baby. 3:23 - How to analyze a market. 5:00 - Networking. Over the phone, then face to face. Find people who know t…

Seller Finance is one of the most versatile methods to purchase (or sell) a home. It takes outside-the-box thinking, but it can afford a lot more flexibility to both the buyer and the seller. 0:00 – Introduction. Seller Finance 101, or maybe even more basic than that. This is a high-level overview of seller finance. The most basic definition is tha…

You can watch this episode on YouTube.com: https://youtu.be/dxejform3vs Looks like a seller's market, acts like a seller's market — It's probably still a seller's market. 0:00 - Introduction 1:05 - Listener Question - how to find a good lender. 1:40 - Market Freefall? - What are you really witnessing? Are price drops a sign of a crash? Well, it's m…

You can watch this episode on Youtube.com: https://youtu.be/ALsX-M82ET8 There is a new seller disclosure document — do you know how to use it? 0:00 – Introduction. 1:18 – No assumption of agency for presenting the disclosure document. 2:49 – Liability. Liability lies with the information. If the seller has information and doesn’t disclose, the sell…

You can watch this episode on Youtube.com: https://youtu.be/rSeLyTSKutQ. You know what happens when you assume. But do you know what happens when you assume a loan? 0:00 - Introduction. 2:29 - Context of Assumptions. 3:25 - Who decides if it's assumable? Government loans are still assumable, but conventional mortgages are not. Contact your servicer…

You can watch this episode on YouTube.com: https://youtu.be/dNLxv2PB4cU What is the difference between down payment and closing costs? Who gets what? 0:00 - Introduction 0:42 - Not the same. 1:20 - Questions. How much money do you have? (Spoiler: Most likely it's not putting the "down payment" you've saved 100% toward the loan. It costs money to ge…

You can watch this episode on YouTube.com: https://youtu.be/DmcleXHh624 What would you do with a million dollars? That's the question we pose this week on the show. What do you buy? How much do you save? What are the wise decisions with this money? 0:00 - Introduction 1:01 - $1 Million - what do you buy? Statistically, most people blow most of that…

You can watch this episode on YouTube.com: https://youtu.be/DNHt3d4MN5s This is our interview with Utah Real Estate Investor, Rusty Pollard. We talk about his deals and break down how he looks at a deal. Rusty offers several tips and lessons he's learned in his 10-year journey from 0 doors to 100 doors. * No drug houses were harmed in the making of…

You can watch this episode on YouTube.com: https://youtu.be/WfLA0um9Cks. 0:00 - Introduction 0:41 – Section 25. Jason reads section 25 in its entirety. If the other party doesn’t accept the offer, the offer shall lapse, and the earnest money is returned. This is the one time you can communicate NOT in writing. 1:25 – 3 Options. Acceptance, Counter,…

These are the dates that matter the most in the contract. Get them right! 0:00 – Introduction 0:50 – Your Deadlines. The biggest issue we see is where dates are out of order. 2:27- Story time with Jason. Don’t fill these out without talking to your lender! 3:43 – Relative Dates. This is Tyler’s pet peeve. Use explicit deadlines. Backup-position con…

You can watch this episode on YouTube.com: https://youtu.be/5Zs9YfNwz0k. We hear it all the time, "What's the response deadline?" Well, there isn't one, because no such thing exists. It's an acceptance deadline, you chump! 0:00 - Introduction 0:58 - Acceptance is what a contract is. Section 23 talks about Acceptance. 1:36 - Acceptance. What is acce…

You can watch this episode on YouTube.com: https://youtu.be/58l6FBgN5KE Yes, we can sign for real estate purchases with electronic signatures, but how does that really work? 0:00 - Introduction 1:05 - Counterparts. You can sign digitally, but you can also sign in "counterparts". This means that you can have multiple copies and they progress toward …

You can watch this episode on YouTube.com: https://youtu.be/_qpaUUzdwMg It's 5:00 somewhere, but what does that mean? The Utah State Real Estate Purchase Contract (REPC) spells it out in section 21: Time is of the Essence. 0:00 – Introduction 1:12 – What does “Time is of the Essence” Mean? Time is an important factor in the contract. 1:48 – Day End…

You can watch this episode on YouTube.com: https://youtu.be/_qpaUUzdwMg Insurance protects you from loss. But what does the Utah Real Estate Purchase Contract (REPC) say about insurance and risk of loss during the purchase period? Spoiler: It says the seller pays. 0:00 - Introduction 1:30 – Insurance will cover it. Does the buyer have to have insur…

You can watch this episode on YouTube.com: https://youtu.be/ZxVcl1oPyAY. What are the real costs of owning a house? We break down the mortgage payment and everything you have to pay for AFTER the mortgage payment! 0:00 Introduction 1:17 - Story time with Aric. When he bought his first house, he THOUGHT he understood what he'd be paying, but there w…

You can watch this video on Youtube.com: https://youtu.be/AZOVrIe9NSc What does "And/Or Assigns" actually do? 0:00 - Introduction. 1:03 – Assignable. To assign a contract is to sell the sale of the contract, NOT the actual property. This is called “Wholesaling” a property. 2:05 – REPC Forbids Assignment. You can’t assign the contract, unless you do…

You can watch this episode at https://youtu.be/jqc-78Zm6UU. A LOAN ESTIMATE happens when you apply for a loan, but it’s a long road before that loan funds. A CLOSING DISCLOSURE tells the borrower what may have changed. 0:00 – Introduction 1:00 – There’s ALWAYS confusion about these docs. Loan estimate comes out way up front. Closing Disclosure come…

You can watch this episode on YouTube.com: https://youtu.be/S4cqIZqnV0Y What isn’t written down could kill your deal. Make SURE you get it in writing! 🖋 0:00 – Introduction 1:29 – Section 18 of the REPC is Notices. They must be submitted in writing. Yes, text is legit writing…but do you really want to stand in front of a judge and defend a text? 2:…

You can watch this video on YouTube.com: https://youtu.be/77l_Juz8G3E How much equity's in your house? Well, if you haven't refi-ed and you've owned for more than two years...probably more than $80,000! 0:00 Introduction 1:32 – The Homeowner Investor. Utah numbers Since 2019: median home was $320,000. Today that home is worth $444,000. Tap your equ…

You can watch this episode on Youtube.com: https://youtu.be/MyNC0Dt1e5I Who pays for the attorneys when you go to court? Well, that depends on who wins. 0:00 - Introduction 0:55 - Losers Pay. REPC 17 is about attorney fees. Spoiler: loser pays all attorney fees. M.A.L. in that order: Mediation, Arbitration, Litigation. Know what your risks are. 2:1…

You can watch this episode on YouTube.com: https://youtu.be/_6ekRBudk2M. Do you know how hard money works? You should! 0:00 – Introduction. 0:53 – What is Hard Money? Lending against a hard asset. Different than traditional lending, which is lending against the credit of a borrower. Hard money is usually a short-term loan. 3:10 – What’s Private Mon…

You can watch this video on YouTube.com: https://youtu.be/uWKHSmYVvM4 Breaking contracts is a bad idea…and it’s gonna hurt if you do. 0:00 – Introduction. Section 16 of the Utah Real Estate Purchase Contract (REPC) is about breaking the contract — also called “Default” — and what the remedies are. 2:16 – Options after Default. You’ve got three opti…

You can watch this episode on YouTube.com: https://youtu.be/y0ADGZgcfOM Can I even afford a house in Utah? Yes, but it’s getting harder! 0:00 – Introduction 1:52 – Storytime with Tyler – There’s an Affordability “CRISIS” in Utah! Is there? If you own property, you are relatively unaffected because your equity is increasing rapidly. The $7000 / mont…

You can watch this episode on Youtube.com: https://youtu.be/1QlUCJzMHwM What's gonna happen to Utah housing in 2022? Nobody knows for sure, but these statistics and economic data will help paint the picture. 0:00 – Introduction 1:30 – Should I wait to buy? It’s gonna crash! 2:26 – Unemployment. Utah’s awesome, and there’s so much attraction here. W…

You can watch this on YouTube: https://youtu.be/fl7Y4IG_eBc When you hire a Realtor®, remember the advice of Warren Buffet: “In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if they don’t have the first, the other two will kill you.” 0:00 - Introduction. Also, Jason explains ethics with a great r…

You can watch this on Youtube.com: https://youtu.be/57pdJ3jU7mE What makes a transaction smooth or rough? Knowing these 4 principles goes a long way to making sure your buy or your sell goes smoothly. 0:00 - Introduction 1:27 - What makes good loan officers or real estate agents is someone who's been through rough experience. There's a reason we ho…

You can watch this episode on YouTube: https://youtu.be/T3jiwSqvmy0 What's a "Domino Contract"? Why does it matter? Are you making sure that your contract falls inline with other contracts? Then you're playing dominoes well in real estate! 0:00 - Introduction 0:49 - The "Domino Effect" or "Domino Contracts" is when one contract has to close before …

You can watch this video on Youtube.com: https://youtu.be/1JlOmaHi9uU Is the home you're considering mobile, manufactured, or modular? Well, that's a really important distinction! 0:00 - Introduction 0:59 - Glossary time with Jason Christiansen. Mobile home: built on a chassis and has wheels, it can move. Though it’s a home, it’s more like a vehicl…

You can watch this video on YouTube.com: https://youtu.be/ttlmN1-KXTE Happy Grinch-mas, y'all! We're celebrating with the Grinch again this Saturday, the 18th of December. And by "celebrating," we mean we are giving away stuff. HIVE Collective is matching donations up to $5,000! Donate today on Venmo: @HiveRealEstate (https://venmo.com/u/HiveRealEs…

This episode can be viewed on YouTube.com: https://youtu.be/ZrYi6Zn_k7Y Do you know how a contract works? Do you know when it binds versus when it can be voided? When can you legally walk away from a contract without penalty? These are all important aspects of contract law. 0:54 - What makes a contract? We're using a lot of vocab today: void, voida…

This episode can be viewed on YouTube.com: https://youtu.be/5bwBs7ncc3A How do you get started in real estate when everything seems to be stacked against you? Can you really get into real estate? How? We talk about how to get started, and the things we wish we knew when we were in our twenties. 0:57 - Story time with Aric. Lots of people in their 2…

You can watch this episode on YouTube.com: https://youtu.be/SFXf-nblDCo The real estate purchase contract (REPC) provides for the ability to mediate dispute or to litigate dispute. Which one should you choose? 1:10 - What's mediation? A non-biased third party evaluates the dispute, and helps resolve the issue. Litigation happens in front of a judge…

This episode is available on YouTube.com: https://youtu.be/4_OyHWqShGI Do you know how to quickly evaluate a potential investment? CAP Rate helps you understand how much return the potential investment will earn, and give you a hint about whether or not it's a "good" investment. 1:06 - What is CAP Rate? Capitalization Rate is a way to evaluate inve…

You can watch this episode on YouTube.com: https://youtu.be/yhuUdE7PuVM Getting ready for winter can feel challenging. Here are some tips to make your life easier when snow is ready to fly! 1:22 - Making your home ready for winter. 1:36 - Removing hoses from hose bibs before frost. 3:39 - Clean your gutters before water freezes. 4:11 - Sealing crac…

You can watch this episode on YouTube.com: https://youtu.be/X8FxSNhlMiY Determining your ROI is an important part your investment strategy. It helps you differentiate investment opportunities. It's not hard to calculate, but there are some tricks. 1:00 - Returns on Investment - where do I make the most money. This is how you calculate it. 1:23 - A …

You can watch this episode on Youtube: https://youtu.be/wlaT6KBml5E Is paying down your mortgage the best way to "get ahead?" Maybe. It depends on what you want to do. There are better ways to leverage your money than converting it to equity in your primary residence. 0:48 - Any extra money I have, I pay down my mortgage. It ads equity, but is it t…

How do you know you have a complete and binding contract? What's a dual contract and an incomplete contract? How do you avoid them? 0:54 - Story time with Jason. FHA amendatory language addendum that a builder doesn't want to sign until near closing (because it gives the buyer a veritable "get-my-earnest-money-back-for-free" exemption). See our epi…