Money, Mortgage, Mindset

Real Estate with Laya Gavin

No one’s going to be as committed to your business as you are. In this episode our hosts are joined by owner of Exit Realty, Laya Gavin, as she shares her transition from real estate to finance, and the importance of having a team you can truly trust. Laya started her company with her mom, who’s been in the business for 40 years. After obtaining her real estate license at a young age, she took a 17-year break to work in finance before rekindling her love for the industry. She now has her own franchise, book & growing real estate team she built from the ground up. “When you’re good with people and you want to take care of your client no matter what industry you’re in, that’s a gift. I hire for the individual, personality, and character. I can teach you the rest. I can't teach you to be kind to people.” You can be taught the skills, but you must have the will. Trust factor is also a huge component both in a real estate team, and as a client. Make sure your team is talking to each other. Make sure the lender and realtor communicate! And if you’re the client, you get to hire and fire everyone on the team. The realtor is your advisor. “There’s nothing more that brings me joy than to watch somebody give keys to someone’s house that they thought they’d never be able to afford. It’s special.” Resources from this episode: * Laya Gavin's blog [https://bit.ly/realestatewithlayagavin] * Find out your home value and maximize your Real Estate investment options [https://bit.ly/erscwhatsitworth] * Search new construction homes and floor plans with dozens of builders and communities [https://www.showingnew.com/newbuildbylaya] National Association of Real Estate Brokers fighting for democracy in housing for 75 years [nareb.com ] * The Phoenix Realtist Professional Group is the local Arizona Chapter for NAREB (National Association of Real Estate Brokers) [www.phoenixrealtist.com ]- check in for news, events, and membership information for realtors, lenders, inspectors and a variety of affiliate partners Laya Gavin:website [www.layagavinsellshomes.com]|facebook [https://www.facebook.com/EXITRealtySunCity]|linkedin [https://www.instagram.com/exitrealtysuncityaz/]|instagram [https://www.instagram.com/Andrew_lender/]| email [laya@exitrealtysuncity.com] Andrew Karam:website [https://www.edgehomefinance.com/andrew.karam]|facebook [https://www.facebook.com/AndrewHomeLending]|linkedin [https://www.linkedin.com/in/andrew-karam-7239232a/]|instagram [https://www.instagram.com/Andrew_lender/]|book a call [https://calendly.com/akedge/15min] Kevin Booth: website [https://edgehomefinance.com/team-member/kevin-booth/] | facebook [https://www.facebook.com/KevinBooth.NMLS670834/] | linkedin [https://www.linkedin.com/in/kevin-booth-2196aa112/] | book a call [https://calendly.com/kevinboothnmls670834]

Home Equity Flex

There are several things you can do to flex your equity and put you in a better overall position. Join Andrew and Kevin as they discuss refinancing, investing, and how to put yourself in the most advantageous positions using your house equity! Rates are higher than normal but that doesn’t mean it’s not a good time to refinance if you’re making the right move. We’re still in a very heavy sellers’ market. Or this might be an easier time to take your current home and turn it into your dream, rather than going out and finding something new. You already know your home. Perhaps you’ve invested money into that home in the past. “Putting money in a savings account should have the same amount of mindset focus as paying your cell phone bill.” Credit card debt is out of control – usually folks have zero debt, or a crazy amount. However, you can consolidate the debt into your property! Another way to flex your equity is to use that equity to make money. Another – investment properties. Take the money out of your home and make a down payment on another home you intend to rent out. If you’re charging more in rent than your mortgage, then you’ll make money. Refinance – it’s not the rate, it’s the payment. Flex your equity! Andrew Karam:website [https://www.edgehomefinance.com/andrew.karam]|facebook [https://www.facebook.com/AndrewHomeLending]|linkedin [https://www.linkedin.com/in/andrew-karam-7239232a/]|instagram [https://www.instagram.com/Andrew_lender/]|book a call [https://calendly.com/akedge/15min] Kevin Booth: website [https://edgehomefinance.com/team-member/kevin-booth/] | facebook [https://www.facebook.com/KevinBooth.NMLS670834/] | linkedin [https://www.linkedin.com/in/kevin-booth-2196aa112/] | book a call [https://calendly.com/kevinboothnmls670834]

New Years Money Reboot

Do you have a plan around savings? Debt? Moving your credit score up? Retirement? In this episode, Kevin and Andrew discuss how to reboot your money goals by checking in with all these objectives New year’s is a great time to think about and put some goals to paper about your finances. Part of the reason people struggle with putting money in savings is that it’s simply not tangible. So, you must decide - what do I want to see in my savings of the year? By attaching a goal to it, tangibility is added. “When people don’t know where their money is going it's usually going to lots of little things people don’t account for, such as small groceries purchases, going out to eat, etc. It’s convenience.” Putting our savings on “auto pilot” with auto transfer is a wise move. Another exposing exercise: pull the last 2 months of your bank statements and answer - was it an “I want” or “I need” purchase? You’ll be quite awakened about your spending habits. If we can kill 2 birds in one stone – consolidate debt, improve the cash flow, and pump a little bit more money into the house, that’s a win-win. Andrew Karam:website [https://www.edgehomefinance.com/andrew.karam]|facebook [https://www.facebook.com/AndrewHomeLending]|linkedin [https://www.linkedin.com/in/andrew-karam-7239232a/]|instagram [https://www.instagram.com/Andrew_lender/]|book a call [https://calendly.com/akedge/15min] Kevin Booth: website [https://edgehomefinance.com/team-member/kevin-booth/] | facebook [https://www.facebook.com/KevinBooth.NMLS670834/] | linkedin [https://www.linkedin.com/in/kevin-booth-2196aa112/] | book a call [https://calendly.com/kevinboothnmls670834]

Formula for life's decisions!

People buy when value exceeds costs. And cost is not always money. In this episode, Kevin and Andrew discuss some of their most cherished life advice that has helped them reach success. If you don’t have a mentor in your life, find someone you look up to. Mentors are so important. They don’t have to be older than you but find someone in your life that can help you grow. “Think of the last expensive item you purchased. Was it worth it? It is when value exceeds cost.” Cost and value are different to individual people, even in the exact scenario. When talking about items, everything has a lifespan. At some point the cost is going to exceed the value. As our hosts explain these concepts, we can start changing our perspectives on purchases, value, and limitations. What’s cool about a limit is that it can be increased, you can be limitless! After sitting on the advice shared in this episode, you can walk into new perspectives in your personal and business relationships. Andrew Karam:website [https://www.edgehomefinance.com/andrew.karam]|facebook [https://www.facebook.com/AndrewHomeLending]|linkedin [https://www.linkedin.com/in/andrew-karam-7239232a/]|instagram [https://www.instagram.com/Andrew_lender/]|book a call [https://calendly.com/akedge/15min] Kevin Booth: website [https://edgehomefinance.com/team-member/kevin-booth/] | facebook [https://www.facebook.com/KevinBooth.NMLS670834/] | linkedin [https://www.linkedin.com/in/kevin-booth-2196aa112/] | book a call [https://calendly.com/kevinboothnmls670834]

The Broker Advantage

We are in an insane real estate market right now. Housing is off the charts, and it's now causing the rental market to go up in cost too. In this episode, our hosts Andrew Karam and Kevin Booth walk us through the difference between bank, brokers and retail lending and which one is best for you. Andrew and Kevin are mortgage brokers with the goal to find a product to suit your needs. Consumers are always focused on the lower rate = better mentality. It’s hard to find the sweet spot in the market. They’re here to tell you that’s not always the truth. Some lenders provide more than others in the loan process – you want a company that’s going to help you out through the journey, not just take your bills. “I believe that being a broker, we have the flexibility of getting a little more creative. We’re not one shoe fits all, we’re going to be able to shop around and get the right shoe that fits.” Andrew Karam:website [https://www.edgehomefinance.com/andrew.karam]|facebook [https://www.facebook.com/AndrewHomeLending]|linkedin [https://www.linkedin.com/in/andrew-karam-7239232a/]|instagram [https://www.instagram.com/Andrew_lender/]|book a call [https://calendly.com/akedge/15min] Kevin Booth: website [https://edgehomefinance.com/team-member/kevin-booth/] | facebook [https://www.facebook.com/KevinBooth.NMLS670834/] | linkedin [https://www.linkedin.com/in/kevin-booth-2196aa112/] | book a call [https://calendly.com/kevinboothnmls670834]