Real Investing

Practical Insights for Everyday Real Estate Investors

Tim Herriage

Episode One: Why You Should Avoid Certain Real Estate Strategies

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Diving into Real Estate: The Dos and Don’ts

In our inaugural episode, we reflect on the countless mistakes we’ve made in our real estate journeys. People on the internet love the fluff, but we’re here to share the real, gritty details of what works and what doesn’t. We’ve known each other for over 20 years, and our friendship has seen many ups and downs, much like our real estate careers.

The Reality of Real Estate

We met in the Marines, and over the years, we’ve worked together and separately, learning hard lessons along the way. In this episode, we emphasize that real estate isn’t a guaranteed path to wealth. We don’t promise a rose garden; instead, we promise honesty about the challenges and failures we’ve faced.

Choosing the Right Strategy

Not all strategies are beginner-friendly. For instance, wholesaling might sound easy, but it involves a lot of groundwork and hustle. If you’re sitting on a substantial amount of money, like $5 million, wholesaling isn’t the place to start. You should aim for more substantial investments, like buying properties to fix and flip, or even long-term rental investments.

House Hacking and Other Strategies

On the way here, I was listening to a Bigger Pockets podcast about house hacking. The host mentioned buying multiple properties over six years in Denver and experiencing significant appreciation. House hacking can be a great strategy, but it’s important to understand what it involves. Whether it’s living in one unit of a duplex while renting out the other or renting out rooms in your house, the concept is about generating income from your living situation.

The Importance of Flexibility

In real estate, adaptability is crucial. What worked five years ago might not work today. For example, the same marketing strategies or investment approaches might not yield the same results due to changing market conditions. Always be ready to pivot and adjust your strategies based on current trends and opportunities.

Recognizing Opportunity and Avoiding Pitfalls

Real estate investing is about recognizing opportunities and avoiding common pitfalls. Whether it’s understanding the market or knowing when to take a different approach, being informed and adaptable is key. The best deals often come from being prepared and knowing when to act.

How Real Estate Investors Use Cost Segregation to Reduce Taxes | Real Investing W/ Jeffrey Hiatt – Real Investing For Everyday Investors

Send us a textDid you know that real estate investors can significantly lower their tax burden with cost segregation? In this episode of Real Investing With Ryan and Tim, we talk with Jeffrey Hiatt about how this powerful tax strategy works and who can benefit from it.
  1. How Real Estate Investors Use Cost Segregation to Reduce Taxes | Real Investing W/ Jeffrey Hiatt
  2. Mastering Risk Tolerance: The Key to Making Bold Business Moves W/ Tom Rauen
  3. Investing in 2025: Key Strategies to Prepare for the Future W/ Jawad Dashti
  4. Finding Freedom in Real Estate | Real Investing With Jason McDougall
  5. Where Smart Investors Are Putting Their Money in 2025 w/ Dalton Barnes | Real Investing

Key Takeaways from Episode One

  1. Start Smart: Don’t jump into strategies that don’t match your financial situation or experience level.
  2. Stay Flexible: Be ready to adapt your strategies based on market conditions and new opportunities.
  3. Be Vocal: Let everyone know you’re in the real estate game – opportunities often come from unexpected places.
  4. Plan and Budget: Have a clear financial plan and stick to it to avoid running out of resources too quickly.
  5. Take Action: Don’t wait for the perfect moment; good enough is better than never starting.

Join us weekly for more insights, real stories, and actionable advice to help you succeed in the dynamic world of real estate investing. Subscribe to Real Investing on Spotify, Apple Podcasts, or your favorite platform. Follow us on YouTube for video content and behind-the-scenes footage.

https://open.spotify.com/show/05oOyxG1w304L77Ob265cY
https://podcasts.apple.com/bw/podcast/real-investing-your-weekly-guide-to-real-estate-success/id1459164571
https://www.youtube.com/@RealInvestingfortheeveryday

Stay tuned for more episodes where we dive deeper into the world of real estate investing, sharing our experiences, mistakes, and successes to help you navigate your own real estate journey.

Introducing Real Investing: Your Weekly Guide to Real Estate Success

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Welcome to Real Investing, your go-to podcast and web show for all things real estate. I’m your host, Tim Herriage, and I’m excited to embark on this journey with you. Alongside my co-host, Ryan Harper, we’re here to strip away the fluff and bring you real, actionable insights from the trenches of real estate investing.

About Real Investing

Real Investing is more than just a show; it’s a movement aimed at empowering everyday investors. Whether you’re just starting out or looking to refine your strategies, our weekly episodes are designed to provide you with practical advice, honest stories, and a community of like-minded individuals.

Our Mindset

At Real Investing, we believe in transparency and authenticity. Too often, the world of real estate is shrouded in hype and empty promises. We’re here to change that. Our approach is grounded in real experiences and real results. We share our successes, but more importantly, we dive deep into our failures and the lessons learned. This isn’t a highlight reel; it’s a real look at what it takes to succeed in real estate investing.

Our Goals

Our primary goal is to demystify the process of real estate investing and make it accessible to everyone. We want to equip you with the knowledge and tools you need to make informed decisions and build a solid investment portfolio. We cover a range of topics, from understanding market trends and securing financing to managing properties and scaling your investments.

Why Tune In?

  • Real Stories: We share our own journey and bring in guests who have walked the walk. You’ll hear firsthand accounts of what works and what doesn’t.
  • Actionable Advice: Every episode is packed with tips and strategies that you can implement immediately.
  • Community Focus: We’re building a community of investors who support and learn from each other. Engage with us on social media, share your experiences, and be part of the conversation.

Meet Your Hosts

Tim Herriage: With decades of experience in real estate investing and entrepreneurship, I bring a wealth of knowledge and a straightforward, no-nonsense approach. My background in the Marines instilled in me the values of honor, courage, and commitment—principles that I carry into every aspect of my business.

Ryan Harper: As a media expert and my trusted co-host, Ryan offers a unique perspective that blends his expertise in media production with a keen understanding of real estate. Together, we provide a balanced and insightful look into the world of investing.

Subscribe and Connect

Don’t miss out on our weekly episodes! Subscribe to Real Investing on Spotify, Apple Podcasts, or your favorite platform. Follow us on YouTube for video content and behind-the-scenes footage.