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EP 47: Live discussion with Nick - getting started, my personal goals, building my business

EP 47: Live discussion with Nick - getting started, my personal goals, building my business

FromThe Nick Huber Show


EP 47: Live discussion with Nick - getting started, my personal goals, building my business

FromThe Nick Huber Show

ratings:
Length:
39 minutes
Released:
May 4, 2022
Format:
Podcast episode

Description

Nick takes live calls and answers questions on the following topics: when to buy a house, what interest rates will do to real estate, how much cash you need to invest, when to hire that first employee and what to do if you have a subpar employee. This is a fun episode! I hope you'll enjoy!   Timestamp: 00:00 - 04:07 Business & Life Update 04:07 - 05:16 Q#1 What would be my lucrative business in five years? 05:16 - 06:15 Q#2 If I enter into fitness space, what business would I start? 06:15 - 08:44 Q#3 What industry in the real estate sector hold up best to what is coming? 08:44 - 10:17 Q#4 What better year to buy a single family house? 10:17 - 11:10 Q#5 How do you take away work from someone you delegated work to without killing their confidence? 11:10 - 12:45 Q#6 What ideas do you believe that most others dont? 12:45 - 15:30 Q#7 What are your life goals at this stage? 15:30 - 16:45 Q#8 Thoughts on Fundrise? 16:45 - 17:13 Q#9 Who's the best Self-storage syndicators right now? 17:13 - 19:00 Q#10 How do I get started in commercial real estate? How much cash do I need? 19:00 - 19:47 Q#11 Do you worry about funds before or after you get a property under contract? 19:47 - 21:18 Q#12 How does the founder know when its time for her/him to stop being responsible for cx inquiries? 21:18 - 21:48 Q#13 What keeps me up at night? 21:48 - 24:45 Q#14 How do you deal with an employee whos not an A player in a labor market which their replacement isn't easy to find within a month or two? 24:45 - 26:38 Q#15 Have you ever looked into putting solar on your Self storage facility, If you haven't, why not? 26:38 - 29:02 1st Caller - If some one is new to investing and has $125k to invest, what would you recommend? 29:02 - 37:12 2nd Caller - If I'm bringing $500k to put in a deal, what size should I be focusing on and what technology should I utilize?   Read the full show notes here: https://sweatystartup.com/the-nick-huber-show/   Special thanks to the sponsor: https://junipersquare.com Join the Real Estate community here: https://sweatystartup.com/rec Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage
Released:
May 4, 2022
Format:
Podcast episode

Titles in the series (100)

The Nick Huber show is a short-form podcast on real estate, entrepreneurship and wealth. You won't find a lot of long-form interviews or unorganized banter. My goal is to be short and to the point and deliver value as quickly as possible. We'll cover things like terminology, deal overviews, acquisitions, structuring deals, raising money, operations, hiring and more. Nick Huber owns a real estate private equity company (http://boltstorage.com) in the self storage space. He owns 24 properties and over 630,000 rentable square feet in 4 states. He employees a team of 17 individuals and has raised over $10m in outside capital. Follow along and become a better real estate investor. Show notes available at http://sweatystartup.com/