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Quitting Corporate Was the Best Move for Our Real Estate Business | Samantha + Nick Riccio

SmartStay Show
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2.1K views 2 years ago Podcast - Full Episodes
➢ Subscribe:    / @smartstayshow   We're super excited to welcome wife and husband team Sam + Nick Riccio onto the podcast - guests that we've wanted to have for quite some time! They are a power couple in the Boston real estate scene, making all the right moves. If you and your life partner are new to real estate investing and looking for inspiration on where to start, this episode is that motivation! Sam is a licensed general contractor, Nick is a mortgage broker, and together they own Eagle Hill Homes, which was born from a desire to create a better construction experience for homeowners, specifically with communication, transparency, and accountability from their contractors and trade partners. Although Eagle Hill Homes is their design-and-build business, working as real estate investors themselves and Nick's work as a mortgage broker really completes how vertically integrated their approach. Along with their client work, Sam + Nick have …...more
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Quitting Corporate Was the Best Move for Our Real Estate Business | Samantha + Nick Riccio
46Likes
2,132Views
2022Jul 19
➢ Subscribe:    / @smartstayshow   We're super excited to welcome wife and husband team Sam + Nick Riccio onto the podcast - guests that we've wanted to have for quite some time! They are a power couple in the Boston real estate scene, making all the right moves. If you and your life partner are new to real estate investing and looking for inspiration on where to start, this episode is that motivation! Sam is a licensed general contractor, Nick is a mortgage broker, and together they own Eagle Hill Homes, which was born from a desire to create a better construction experience for homeowners, specifically with communication, transparency, and accountability from their contractors and trade partners. Although Eagle Hill Homes is their design-and-build business, working as real estate investors themselves and Nick's work as a mortgage broker really completes how vertically integrated their approach. Along with their client work, Sam + Nick have house hacked three times so far, currently owning seven units valued at almost $4 million, and showing no signs of slowing down. Listening to Sam + Nick talking - almost finishing each others' sentences - shows how in sync they are with their goals. They've spent many hours thinking through their decisions - from leaving their W-2 jobs to building their business - learning a ton along the way. Things we discussed in this episode:
  • The origins of Eagle Hill Homes
  • Why Sam + Nick decided to house hack in an expensive market such as Boston
  • Finding a passion in real estate investing during their teenage years
  • Both of them switching from their W-2 jobs at the same time
  • What it's like working with your spouse
  • How Sam is treated as a female general contractor
  • The importance of building replicable and scalable systems
  • How their traditionally-minded families reacted to launching this business
  • Building relationships with many different bureaucracies and municipalities
  • Thinking through where they want to be as people and as business owners
Get in touch with Sam + Nick: Instagram -   / eaglehillhomes   Website - https://www.eaglehillhomes.com/ Apply for a loan with Nick - https://www.northpointe.com/home-lend... Join Jason Muth and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast! #bostonrealestate #mobilehomeinvesting #realestatepodcast #nexthome #humansoverhouses #realestate #realestateinvesting #generalcontractor #mortgagebroker #workingwithyourspouse #realestateinvesting #bostonrealestate #flippinghouses #brrrr #leavingyourw2job #financialfreedom #financialindependence #entrepreneurship #quityourjob #startabusiness ____________________________ The Real Estate Law Podcast is hosted by Jason Muth and Attorney / Broker Rory Gill. This podcast and these show notes are not legal advice, but we hope you find both entertaining and informative. The Real Estate Law Podcast, because real estate is more than just pretty pictures and law goes well beyond the paperwork and courtroom arguments.   / therealestatelawpodcast     / nexthometitletownrealestate     / nexthometitletownrealestate   AND PLEASE... 🚨 DON'T CLICK THIS LINK!! 🚨 - https://bit.ly/3rh6hdb
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