Red Sign Podcast
By Red Sign Team
Red Sign PodcastMay 05, 2021
August 2023 Market Report
Chris & Cody talk about what's going on currently in the real estate market and give you a August 2023 market update.
The Return of Cost Segregation Expert, Jeffrey Butler
On this episode of the podcast Clay & Chris get to sit down with cost segregation expert, Jeffrey Butler. We talk about ways that cost segregation has helped others pay little to no taxes and ways that it can help you as well.
Getting Your Home Ready to Hit the Market
Cody & Chris talk about different tips/tricks/ideas on getting your home ready to hit the market.
July 2023 Market Report
Chris & Cody talk about what's going on currently in the real estate market and give you a July 2023 market update.
What is House Hacking and How Does it Work?
On this episode we are joined by fellow Red Sign agent, Hunter Chiniquy. Hunter shares with us what house hacking is along with his house hacking journey.
June 2023 Market Update
Chris & Cody talk about what's going on currently in the real estate market and give you a June 2023 market update.
Reach out to us directly at email@example.com
Utah Introduces $20,000 Assistance Program for First-Time Homebuyers
Cody and Chris sit down to chat about Utah's $20K first-time homebuyer assistance program. We talk about how it works, how to apply, who qualifies, and what type of homes you can purchase.
$40,000 Down Payment Assistance from the City of Provo
Cindy Sweeten is the Community Grant Coordinator at the City of Provo. She joins me on this episode to talk about some down payment and first time home buyer programs that the City of Provo is offering to first time home buyers.
May Market Update
Chris & Cody talk about what's going on currently in the real estate market and give you an May market update.
Reach out to us directly at firstname.lastname@example.org
The Benefits of Being on a Real Estate Team
On this episode of the podcast Cody and Chris discuss the benefits of being on a real estate team versus being a solo real estate agent.
Questions? Reach out to us at email@example.com
April Market Update
Chris & Cody talk about what's going on currently in the real estate market and give you an April market update.
Reach out to us directly at firstname.lastname@example.org
Getting Your Home Ready for Photos with Kevin Guthrie
Keven Guthrie joins us on this episode of the podcast to share with us what got him interested in becoming a real estate photographer as well as tips on getting your home ready for pictures.
Behind the Scenes of Escrow - Your Complete Guide to Understanding the Escrow Process
On this episode of the Red Sign Podcast we chat with Bergundy Lowe, Escrow Officer at Real Advantage Title.
Reach out to us at email@example.com
Mike Brown from IntroLend
Mike Brown from IntroLend joins us on this episode of the Red Sign Podcast to talk about IntroLend and what got him interested in working as a loan officer.
Questions? Comments? Want to say hello? Send us an email to firstname.lastname@example.org
It's All About Your Mindset
Troy Sperry from our ISA department joins us on this episode to talk about mindset.
contact us at email@example.com
Let's Talk About HUD Homes
Clay joins me on this episode to talk about HUD homes.
Reach out to the Red Sign Team:
Ready to List? Is Renting Your Home a Possibility?
Ready to List? Is Renting Your Home a Possibility?
Ready to List? Interested in Seller Financing?
Ready to Sell? Interested in Seller Financing?
Ready to List? Listing Your Home With The Red Sign Team
Are you ready to list your home with the Red Sign Team? Get in touch!
Ready to List? Find Out About Receiving a Cash Offer
Find out all about what it would be like to get a cash offer for your home from the Red Sign Team.
Ready to List? Does Your Home Need a Little TLC?
Ready to List? Does Your Home Need a Little TLC?
Lets Talk About Short Sales
On this episode of the podcast I sit down with Clay Winder to talk about short sales. What is the process of short sales and does a short sale make sense for you? Listen to this episode and find out!
What is Seller Financing and How Does it Work?
Interested in finding out more about seller financing and how it works? Listen to this episode!
Questions or comments about this episode? Get in touch! firstname.lastname@example.org
Housing Market Predictions for 2023
Welcome back to season 2 of Red Sign Podcast! On this episode Chris & Cody discuss housing market predictions for 2023.
Get in touch if you have questions or visit our website at RedSign.com
Cost Segregation: The Strategy Real Estate Investors Use to Pay Little to No Taxes
Cost segregation is a tax deferral strategy that front-loads depreciation deductions for real estate assets into the early years of ownership. In this episode we sit down with cost segregation expert, Jeffrey Butler, to go over all the details of how cost segregation can benefit you. If you would like to have a consultation with Jeffrey, reach out and we can get it scheduled!
Are We In A Recession?
In this episode we dive into some of the numbers and data with the economy and what we are seeing in the housing market. Listen in as we talk about whether we think we are in a recession or not.
Calling All Real Estate Developers!
In this episode we dive into what we do as a team to provide value when representing a developer. We also discuss one of the best Utah county developments in recent years that we had the privilege of representing, Lehi Lakeview Estates! If you are a developer reach out, we would love to go more in-depth on everything our team does to make your job as easy as possible!
Review: Cost Plus Contracts for New Construction
Shopping builders? Don’t compare bids, compare contracts! This episode dives into the differences between builder’s Cost Plus Contracts and what to compare and review with each one. Don't miss out!
Rate Incentive Programs
In this episode our two host, Clay Winder (Owner of The Red Sign Team) & Cody Thorup (Red Sign's Director of Sales) discuss the current whirlwind of a market we are in and what you can expect moving forward. This includes seller expectations and various rate incentive programs available for buyers to utilize to help mitigate the costs of purchasing a home with soaring interest rates. Listen In, you don't want to miss this episode!
Real Estate Funds
An investment fund is an entity formed to pool investor money and collectively purchase securities such as stocks, bonds, or real estate. Thus, a real estate investment fund is a combined source of capital used to make real estate investments. Real estate investment funds share some similarities with Real Estate Investment Trusts in that they're both pooled sources of capital used to invest in real estate. However, there are some key differences between them, including the fact that REITs are corporations that must distribute 90% of their taxable income to shareholders to maintain their tax-advantaged status with the IRS. Real estate funds don't have to comply with those rules; thus, many earn returns for their investors via capital appreciation instead of dividend payments. In this episode, we bring on guest speaker Bridger Pennington to explain his experience with Real Estate Funds. Bridger currently serves as the founder of 3 funds focused in debt and real estate which have raised and deployed millions of dollars. Listen in!
Rates, Rates, Rates
In the past, many people have believed that rising interest rates are a very bad thing for the real estate market. After all, who wants to pay more interest on the money they borrow to buy houses, right? However, this isn’t entirely true. As of April 21, 2022, the average mortgage rate is at 5.15% This may be alarming as a sudden rise is observed in the past weeks. But, Mortgage historical data shows that at 5%, we are still remarkably low compared to the previous years leading up to the pandemic, And a mortgage today with a fixed rate for the next 30 years is still considerably cheaper than historical comparisons, Thus buying a property now is still at a bargain considering the inevitable growth of the overall U.S market in the next years. Listen in as our experts discuss what is happening with rates in the current real estate market!
The Power of Co-Signing
If you have poor credit but still want to get a mortgage, adding a non-occupant co-signer to your loan can help you qualify for financing. But the decision to co-sign on a loan or add one to your mortgage isn’t one you should make without knowing all the facts. So what is a co-signer? A co-signer is someone who agrees to take on the financial responsibility of the primary borrower’s loan if they can no longer make payments, and is usually a family member, friend, spouse or parent. In this episode our guest speakers go over their experience with utilizing a co-signer and what you should know before venturing down that avenue!
Utah Economic Insights 2022
Central Bank hosted a meeting where they invited Natalie Gochnour, who is an Associate Dean in the David Eccles School of Business and Director of the Kem C. Gardner Policy Institute at the University of Utah, to speak upon economic insights for Utah in 2022. Natalie also serves as the chief economist for the Salt Lake Chamber. In this episode our two hosts, Clay Winder & Hayden Hewlett, break down all the information Natalie discussed. Utah is an amazing place to live. We’re growing at an exponential rate. But there is no way to predict what exactly is in store for the future but we hope this podcast helps you understand where we are currently headed for the time being. At the end of the day, every situation is different and if you are curious what makes the most financial sense for you and your family, reach out to us! We would love to have you sit down one on one, with one of our real estate wealth advisors to map out your specific financial game plan.
Thanks for listening!
Buy Now & Wait or Wait to Buy?
Why does the current housing market feel like you are on a roller coaster ride in a fun house you might ask? Well currently there are 300,000 (ish) active listings in the US. For the market to be "balanced" we need around 1.5m. That's like walking into the grocery store and 80% of the shelves are empty. Interest rates will see 3 hikes in 2022. Roughly 1% of interest is equivalent to 10% of price when it comes to your monthly payment.
We are actually seeing people who purchased just LAST YEAR make a SIZABLE amount of equity in their homes should they need to sell this quickly. If you are on the fence, it is time to get off and make your move BEFORE the various rate hikes! In this episode, Clay Winder sits down with our very own young investor, Jordan Larsen, to talk about why you should buy now and wait instead of waiting to buy.
Guest Speaker: Appraiser - Jeff Pierson
Whether you’re buying a home using a mortgage, refinancing your existing mortgage, or selling your home to anyone other than an all-cash buyer, a home appraisal is a key component of the transaction. If you’re a buyer, owner, or seller, you’ll want to understand how the appraisal process works and how an appraiser determines a home’s value. In this podcast episode we sit down with Jeff Pierson, who has been a home appraiser for over 20 years. Listen in as Jeff goes over important factors that you need to know when it comes to home appraisals.
Guest Speaker: Tanner Jones - The Man Who Built His Own Home
In this week's episode we sit down with Tanner Jones. Tanner currently works at Arrive Homes and has been working in the real estate industry for several years. We asked Tanner to serve as a guest speaker as he recently just completed building his home on his own. In this episode he goes over his journey in building his dream home from the ground up and what the pros and cons were to building your own home. Listen in!
Real Advantage Title: Bergundy Lowe
A title company acts as the controller of the closing process and the provider of title insurance. Title companies help people finalize their mortgages and transfer property from seller to buyer. This week's special guest speaker, Bergundy Lowe, has been working as an Escrow Officer for several years at Real Advantage Title. Her vast experience within real estate has given her special insight on the home buying process. Listen in as she explains the many moving parts of how title works!
Introlend - Guess Speaker: Mike Shehan
Welcome to Season 2 of the Red Sign Podcast! This season we are going to focus on the real estate investing journey of different individuals. Our goal is to show you that no two paths are the same. We will also be interviewing industry experts to give you an inside scope on what's happening in our industry and future changes you should be aware of as an investor.
In this first episode with sit down with Mike Shehan, Executive Finance Manager of IntroLend. IntroLend is a fully-operational, agent-owned mortgage company. They are dedicated to providing you with the safe, easy to use tools, and information you need to manage your personal finances. Mike goes over his vast experience of working in the real estate industry as well as his personal investing journey.
In this episode we do a quick rewind on what 2021 has looked like for the Red Sign Podcast! We also give you a hint for what you can expect for Season 2 starting Wednesday, January 5th!
A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is $647,200 in most counties, as determined by the Federal Housing Finance Agency (FHFA). Homes that exceed the local conforming loan limit require a jumbo loan. So what do you need to know about a Jumbo Loans? Listen to this episode for all the details!
Short Appraisals - How They Affect Home Buyers And Sellers
Short appraisals are more common because appraisers typically use a method of valuation called the sales comparison method. This strategy is based on using sales information from the last 6 months from comparable properties to give the subject property a fair market value. When home prices increase are moving dramatically every month instead of every year, this strategy is more susceptible to having appraisals come in low. In this podcast episode our hosts go over some strategies to protect yourself from a short appraisal & things you need to be aware of when entering a real estate transaction!
Custom Green Home Builder
In this special podcast episode our hosts sit down with, Kurt Antonino, founder of Green Tech Construction. Green Tech uses the latest green building science and techniques when building their custom homes. They are one of the few Utah custom green home builders that possess the National Association of Home Builders (NAHB) Certified Green Professional designations. This designation recognizes builders who integrate green building principles into houses without raising the cost associated with construction. Listen in as Kurt explains why he loves building and what you should know about when building a custom home!
Utah Real Estate Market Update & Forecast
Many experts stated that this years housing market shot way ahead of the economy, to a point that we saw an extremely hot market characterized by multiple offers, contingency waivers, buyer’s paying sellers closing cost, and of course RECORD HIGH PRICES. With all that being said 2021 has been a year for the record books, but what is in store for next year? The craziness brought upon by this year has left many people wondering if this next year will be a good time to enter a real estate transaction. Will the housing market crash? Will we be able to sustain the crazy high prices? There are a lot of questions out there and although we certainly cannot predict the future, we did our best to forecast what the 2022 housing market will look like based off of current market patterns and trends.
The In's & Out's of Investing in Land
If you are looking to invest in land then you do not want to miss this episode! We will take a deep dive with out new construction experts to teach you everything you need to about getting started!
Afghan Refugees Choose Utah to Call Home - A Story on Pursuing the American Dream
In this special podcast episode we sit down with the founding members of the Utah Hazara Association. These refugees have served with both American soldiers and United Nation forces in Afghanistan and have recently relocated to Utah. Listen to their story as they explain their journey from Afghanistan to Utah in the pursuit of the American dream. There is still a lot of help needed! If you would be interested in donating you can go to their website: https://www.utahhazaraassociation.org/.
100% of all proceeds will go directly to refugee families here in Utah!
How to Start Investing in Real Estate
Are you looking to invest in real estate but do not know where to start? Well this podcast goes over the details of investing in Real Estate with little upfront capital. You are never too young to start building generational wealth.
BYU Housing - What Does it Mean For Investors and What Just Changed
We get asked all the time about the pro's and con's of buying BYU Approved Housing. As most of you are aware Provo has an interesting investment market that is unique to the area. Having one of the largest schools in the state you would think the rental market would be easy to jump in and make money. Well, BYU actually has very strict regulations on what can be deemed "approved" housing and has previously required all undergraduate single students to live within these boundaries.
Recently, Brigham Young University has announced significant changes to its student housing program effective fall semester 2022. Beyond their first two semesters, BYU undergraduate, single students will no longer be required to live in BYU On-Campus or BYU Off-Campus Contracted Housing. We go over the details of these changes in this podcast so you can know just how this will effect you as a real estate investor!
Mommy Let Me Out - The Time We Sold a Haunted House
It is spooky season, you know what that means, time for us to break out all our haunted house stories. We have sold quite a few homes in our time but this story has to take the crown for the spookiest. In this particular story we go over the crazy things, Clay Winder, experienced when he purchased a very old house in Provo, UT. This 1940's home had some character and the things he found will make you want to go check your attic... or not. Listen now and feel free to submit your crazy halloween stories, we would love to hear them! Enjoy this fun little halloween special.
Renting Room By Room
This is an episode for all our real estate investors. If you have a rental property (or two) you might be wondering how you can get the most out of it. Well when it comes to renting out your property you actually have several options! One being that you can rent it out "room by room". If you are looking to cash flow a little more each month this might be the option for you! In this episode our hosts go over all the details and logistics for renting out by the room.
Real Estate Wholesaling in Utah vs. The U.S.
Are you interested in learning about Wholesale Real Estate Deals, well if so this is the episode for you! We will go over how to find wholesale deals, how to manage them, and why it could be beneficial for you! There are many different reasons for wholesale deals and we cover it all so you can be informed going into your next real estate transaction if this is the path for you!