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Tyler and Travis recap Real Housewives of Salt Lake City. Each week we will discuss the episode and give our thoughts, and if you like what you hear please share this with your RHOSLC friends! Contact us: 502tylermurphy@gmail.com Support this podcast: https://podcasters.spotify.com/pod/show/privilegedtwinks/support
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Learn all about investing in real estate in Salt Lake City, Utah with a combination of real estate financial planning and modeling with numbers specific to Salt Lake City plus syndicated, more generalized recordings of live and pre-recorded real estate investing classes (not all specific to Salt Lake City).
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This week so much is happening already. Lesa and Ayan continue their feud, Brooks and Taleen continue theirs, and of course we have to talk about Stanbury's face lift! If you enjoyed this episode please share it with your RHODubai friends and follow us on Instagram at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@privilegedtwinks --- Support this podcast: https://podcasters.s…
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If you're going to put less than 20% down when buying a property, the lender is likely to require that you pay private mortgage insurance (PMI) to protect them in case you default on the loan. This usually applies to Nomads™, house hackers, and investors putting 15% down to acquire non-owner-occupant properties. There are 3 ways to pay PMI: Monthly…
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This week all of the best friends fall apart! Ayan is upset at how others think she acts around Lesa. Lesa is still feuding with Taleen, but shifts her attention to Ayan at her and Stanbury’s goodbye Dubai party. Sara and Akin call things off, and we get a preview of the first reunion episode. If you enjoyed this episode please share it with your R…
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There's a risk to just about everything in life... including investing in real estate. One risk that some real estate investors fear is that rising mortgage interest rates will: Increase their mortgage payment and therefore hurt cash flow, or The rising mortgage interest rates will lower affordability and demand for properties, and therefore the va…
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In this special class about the dangers, risks and warnings of investing in real estate: The #1 fear that keeps potential landlords and new real estate investors up at night! Expert insights on why this fear is more common among inexperienced landlords and investors in challenging real estate markets. Real-life horror stories of tenants causing sig…
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This week we are coming at you from the road with a special cross-country moving edition of Privileged Twinks! Our ladies of Dubai are back from Bali and ready to have some tough conversations. They got to a polo field and Stanbury and Sergio have some major talks about babies. If you enjoyed this episode please share it with your RHODubai friends …
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The ladies are finally back on our screens!!! This year it looks like there will be feuds between Mary and Meredith, Lisa and Angie, and possibly Whitney and Heather. We also meet the new girl, Bronwyn. The new season comes out September 18th and we can’t wait! If you enjoyed this episode please share it with your RHOSLC friends and follow us on In…
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Interested in learning how to analyze deals using The World's Greatest Real Estate Deal Analysis Spreadsheet™? Specifically, do you need to know how to analyze a deal purchased with an interest-only loan? In this special deal analysis, you will: Discover the secret strategy for analyzing the purchase of a rental property with an interest-only loan …
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Life has risks. Investing adds new risks. Investing in real estate adds new risks specific to real estate investing. One risk that is unique to real estate investing is the risk of buying a stigmatized property or having a property become stigmatized while you own it. In this class, James will: Uncover hidden gems in the real estate market and turn…
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This week we start again with the voice note. Ayan is mad at Stanbury, but it’s her and Lesa that get into a huge fight off-camera. That night, everyone except Ayan go clubbing, but luckily they make up the next day. We do some healing waterfall screaming, before heading back for a dinner with controversial outfits provided by Lesa. If you enjoyed …
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Real Estate Investing Through Massive Foreclosure Periods Join us for an exclusive episode of the REFP podcast, focusing on "Real Estate Investing Through Massive Foreclosure Periods." In this enlightening episode, you'll dive into the following insights: Discover the secret to making money during economic downturns, a strategy that can set you apa…
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Deal Alchemy™ - Debt Paydown to Cash Flow Join us for an exciting and enlightening class with James Orr as he delves into the fascinating world of Deal Alchemy™. In this class, listeners will discover a surprisingly powerful strategy that has the potential to drastically improve cash flow on rental properties. Whether you're considering buying a ne…
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This week the girls all head to Bali in the wake of Stanbury’s party. Sergio does a fake out with going on the trip, but Brooks is no where to be seen at the airport. Once they arrive, they eat, they party, they eat, and party some more, but Brooks shows up at the end of the first night. Everything is going alright until a voice note from Sara surf…
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Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilara…
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This week SO much happens. Ayan has her beauty brand launch, some dates occur between friends and couples, where we find out Brooks has called Taleen a beggar. Everything comes to a head at Stanbury’s housewarming party, where Brooks starts making nasty comments about Taleen and she overhears it. This was one of the best housewife dinners we have h…
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Functional Obsolescence Unveiled: The Silent Value Killer in Real Estate Investments—and How to Defeat It! There's a often overlooked risk of investing in reale state: obsolescence. Whether we're focused on properties that are or will become functionally obsolete or drift directly into economic or physical obsolescence... these are real-world risks…
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This week Stanbury is at the heart of almost every conversation. She fights with Sara out in the dessert, she has some tough conversations with Sergio and her children, she goes to visit Taleen, and Brooks and Sara can’t help but be jealous of her Instagram stories! This week we also touch on the Whitney Rose MLM controversy and discuss our thought…
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How to Analyze an All-Cash Rental Property Purchase Deal analysis is important. Learning how to analyze deals is a critical skill for all real estate investors, whether you're financing 100% of the purchase or buying a property without a loan at all and paying all cash. In this class, we will look at how deal analysis changes when you plan to buy a…
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This week we see the beginning of the end of Brooks’ and Taleen’s friendship. Stanbury’s in-laws are in town so she throws a party out in the dessert, and everyone is introduced to Sara’s new “friend” Akin. If you enjoyed this episode please share it with your RHODubai friends and follow us on Instagram at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@privilegedtwinks --- Support th…
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Lots of Drama this week! Dallon & Megan recap TWO episodes! Caroline Stanbury undergoes hypnotherapy; Lesa tries to convince her mother to move to Dubai; Sara reluctantly goes on a double date; Michael says good riddance to Caroline Stanbury and Sergio, Caroline Stanbury's new home is finally ready; Taleen's eager to get back into her fitness caree…
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How Return on Investment Changes Based on Credit Score With PMI Does your credit score really matter when you're buying rental properties? Sure, your credit score impacts the mortgage interest rate you can get with traditional mortgages. And yes, your credit score affects how much private mortgage insurance (PMI) will cost. Your credit score can al…
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This week we had to discuss the fight on RHONJ, before getting into this episode of Dubai. Stanbury is finally moving out of her friend’s house amid tension with Sergio, Ayan checks her age at the dentist, and then they all have a queen dinner at Atlantis. Baleen pulls Stanbury aside to discuss her marriage, leaving Lesa to wonder what they were ta…
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So, are you stressing out over higher mortgage interest rates and properties not cash flowing as well as they used to, or in some markets, not having positive cash flow at all... even with 25% down? What's a real estate investor seeking financial independence to do? In this class, we will compare two strategies. In both strategies, you first buy an…
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This week the Carolines are still going at it, with Stanbury uninviting Brooks from her going away disco party. Sara goes on a date and talks a lot about Libra men and aliens, and finally the Carolines meet to hash out their issues. If you enjoyed this episode please share it with your RHODubai friends and follow us on Instagram at ⁠⁠⁠⁠⁠⁠⁠⁠@privile…
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So, you're considering Nomading™. Excellent! But as you dig into the details, you may wonder what the impact would be if you chose to buy a more desirable, higher quality, but maybe less optimal property at full price (without a discount), versus focusing on finding a slightly less desirable, slightly lower quality, but slightly more optimized rent…
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This week we see Ayan and Sara bury the hatchet after reading a letter, but Brooks is not okay with Stanbury. It all comes to a head at Taleen’s party, but Stanbury might be the only one who remembers the argument. If you enjoyed this episode please share it with your RHOSLC friends and follow us on Instagram at ⁠⁠⁠⁠⁠⁠⁠@privilegedtwinks --- Support…
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We are back and this time, while Salt Lake is on a hiatus, we will be recapping the new season of the Real Housewives of Dubai! It has been a long time since we last saw the girls, so we catch up with all of them a little bit. Ayan and Stanbury get lunch and we see what seems to be the beginning of a budding friendship, to Lesa’s dismay. We meet Ta…
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Deal Alchemy™ - Black Box Cash Flow Deal Alchemy™ is all about manipulating returns to get the returns you desire most. One variation of Deal Alchemy™ has you think about your rental property investment as a black box. You put money into the black box, some magical things happen over the next few years and out pops profit which you can spend like c…
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Warning - Risks of Rental Demand Declining When Investing in Real Estate Risk, risk, risk... Life is full of risks. To a limited degree, we get to choose which risks we voluntarily take on. For example, if you choose to invest in real estate, you choose to take on some additional risks that you might not—directly—face if you opt to invest in someth…
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Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and…
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This week is the final part of the season one reunion! The husbands join the chat and Coach Shah and Robert Sr. have a heart to heart, while Justin talks about his leaving of the Mormon church. Then once they all leave, the girls discuss the Las Vegas trip and why Jen felt so hurt. If you enjoyed this episode please share it with your RHOSLC friend…
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Warning - Risks of Neighborhood Decline When Investing in Real Estate Everything in life has risks. Not investing adds certain types of risks, while investing adds other risks. One risk that some real estate investors face is the possibility that the neighborhood they're investing in will decline, causing values and/or rents to drop. So, how do we …
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How to Analyze a Duplex Some real estate investors are sensitive to their ability to get ten 30-year fixed rate financing loans and would prefer to fill those loan spots with larger purchases than just single family rental homes. One way to do that is to buy more expensive properties like duplexes, triplexes or fourplexes. In this class, James will…
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This week we mostly focus on Mary and every aspect of her life. But mixed in with this, the Lisa and Heather drama starts to bubble to the surface. And we get Lisa’s iconic “Bad weather” line. We only have one episode left of this season so let us know what other shows we should recap in the meantime! If you enjoyed this episode please share it wit…
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How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it u…
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This reunion so much is said and yet so little. Lisa talks over everyone about how much she loves herself, Jen and Mary go at it a bit, and Heather gets a DM from Rihanna! If you enjoyed this episode please share it with your RHOSLC friends and follow us on Instagram at ⁠⁠⁠@privilegedtwinks --- Support this podcast: https://podcasters.spotify.com/p…
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In many cases—not all, but many cases—real estate investors can speed up the time it takes to become financially independent by choosing to pay off the mortgages on their properties early. Sometimes it makes sense to take every extra dollar beyond a healthy amount of reserves and aggressively pay off properties as quickly as possible. Other times, …
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This episode Lisa is the only one to reach out to Jen after Vegas, and everything comes to a head at the Beauty Lab + Laser new building party. Jen and Whitney sort of come to a resolve, Meredith is a little peeved at Lisa, and Jen and Heather loudly talk things out. If you enjoyed this episode please share it with your RHOSLC friends and follow us…
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Deal Alchemy™ - Residential vs Commercial Property Deal Alchemy™ is all about manipulating the returns you're earning on your investments. Often, this is done through the choices we make when selecting the investment property and the strategies we choose to implement. For example, you could choose to invest in residential properties where your tena…
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