07 Tego Venturi

Empower Good

https://linktr.ee/empowergood
Books
https://www.amazon.com/Exactly-What-Say-Influence-Impact-ebook/dp/B073SF65ZZ
https://www.amazon.com/Young-Forever-Secrets-Longest-Healthiest/dp/0316453188/ref=sr_1_1?hvadid=622788509420&hvdev=c&hvlocphy=1026339&hvnetw=g&hvqmt=e&hvrand=6076818953131565874&hvtargid=kwd-1762206633577&hydadcr=14935_13423621&keywords=mark+hyman+young+forever&qid=1681011681&sr=8-1
https://www.amazon.com/Millionaire-Real-Estate-Agent-About/dp/0071444041
https://time.com/34081/how-to-fail-at-almost-everything-and-still-win-big/
Foundations
https://acch4kids.org/
https://www.facebook.com/tamayahorserehab/
https://www.policygenius.com/trusts/how-to-start-a-charitable-trust/
Inspiration
https://en.wikipedia.org/wiki/Gary_W._Keller
https://sharran.com/
AI Podcast Summary
The transcript is a conversation between Dave and Tego Venturi, who discuss their audio settings before starting the podcast. They then talk about their respective businesses in real estate and charity work. Tego Venturi introduces himself as part of the Venturi Realty Group, which has helped over 500 families buy and sell homes. Dave shares his personal experience with the group when he was looking for a home to buy in Albuquerque. The conversation also touches on mentoring, networking, and how they got started in real estate.
The speakers discuss their backgrounds and how they got into real estate. They mention that both of their children are adopted, and one speaker's wife embraced the real estate industry while he had a corporate job. The speakers work as associate brokers in New Mexico and help about 500 families per year. They discuss the current state of the real estate market and share investment strategies, including Burr (buy, rehab, rent, refinance) opportunities for single family homes. They emphasize that finding deals requires hard work and persistence through looking at many properties, knocking on doors, and making phone calls.
The speakers discuss a real estate investment strategy of buying, rehabbing, renting, refinancing, and repeating. They caution that it's important to stay on budget and make smart decisions when renovating properties. The speaker Tego Venturi shares his passion for real estate and the value he brings to the market by providing in-depth information on local market trends. He also describes a successful deal he did involving purchasing an as-is hoarder house in Rio Rancho, fixing it up with $100k in renovations, refinancing it six months later while pulling out all the cash invested plus some profit, and now renting it out for $2k/month. The speakers also touch on 1031 exchanges as a way to defer taxes when selling one property and using the proceeds to buy another property within a certain timeframe.
The transcript is a conversation about real estate investing and problem-solving. Tego Venturi shares his experience of buying a property in Albuquerque for $450 as a rental, which he later sold to buy two properties that will rent for $3,500. The speakers emphasize the importance of solving problems when working with real estate investments and suggest that realtors should look beyond just getting the highest price for their clients. They also discuss their experiences with adoption and how being a real estate investor has given them more options and flexibility in life. Both speakers share stories about fixing up run-down houses, which not only brought financial rewards but also improved the neighborhood by inspiring others to fix up their homes too.