I'm delighted to welcome back John Bell III, the Executive Director of the VA Loan Guaranty Service! The changes to real estate in 2024 are shining a light on the VA Home Loan program, and John is here to unveil the inner workings and recent improvements to the program. The goal of the program is simple: boost efficiencies and support all Veterans in their homeownership journeys. This episode is a must-listen for any Veteran interested in homeownership and also for real estate professionals who are eager to better assist in that process!

Key takeaways to listen for

• How the VA Home Loan program has streamlined processes to reduce closing times for home loans
• Info on support structures the VA has set up to help veterans STAY in their homes
• How the VA is continuing to adapt to the challenges of the shifting real estate market

Resources mentioned in this episode

• #364: MR. JOHN BELL III
• VA Home Loans
• Regulations.gov: Learn About the Regulatory Process
• Federal Register :: Loan Guaranty: Minimum Property Requirements for VA-Guaranteed and Direct Loans

About John Bell III

John E. Bell III began serving as Executive Director of the Loan Guaranty Service on June 21, 2022. He is responsible for delivering VA Home Loan Benefits to his fellow Veterans. Mr. Bell has extensive mortgage industry experience, having served in leadership roles with nationwide lenders for over 20 years before starting his career with the VA in 2010.

Mr. Bell's top priorities are ensuring that VA home loan benefits are the product of choice for Veterans and that Loan Guaranty is the VA program of choice for his 900 talented staff.

Connect with Leigh

Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.

Subscribe to Leigh's other podcast Real Estate From The Rooftops

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From the influence of big investors to the state of housing affordability, we’re exploring the US housing market with Lance Lambert. Through expert insights and compelling stories, this discussion is a must-listen for anyone fascinated by the future of real estate. Tune in now to catch all the action and become part of the conversation!

Key takeaways to listen for

• The evolving role of institutional investors in the US housing market
• Significance of regional market analysis in understanding the broader housing landscape
• How legislative and economic actions have unintended consequences on the real estate market
• Potential future trends in the housing market
• Importance of accurate and timely real estate data in making informed decisions

About Lance Lambert

Lance Lambert, the renowned outgoing real estate editor of Fortune Magazine, will lead the charge as ResiClub's editor. Lance Lambert has solidified his reputation as the nation's foremost data journalist and beat reporter in the residential real estate space, bringing a wealth of knowledge and expertise to ResiClub's endeavors.

Connect with Lance

• Website: ResiClub
• LinkedIn: Lance Lambert
• X: @NewsLambert

Connect with Leigh

Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.

Subscribe to Leigh's other podcast Real Estate From The Rooftops

Sponsors

Leigh Brown University – New On-Demand Training
How to Dominate During This Recession!

Enroll Now to learn practical steps for effective action, discover what to say, and ensure success in securing listings, assisting buyers, and expanding your business, regardless of market conditions.

Enroll today at: https://www.leighbrownuniversity.com/dominate-recession

Enter code: CSIRE20 at checkout for a 20% discount.

Tommy Harr joins us in this episode to chat about his extraordinary path through the real estate industry. Gain insight into the significance of conducting business ethically in wholesaling, leveraging FHA loans for initial investments, and the profound lessons learned from his first flipping venture that led to a substantial financial loss. This episode is a treasure trove of valuable tips for anyone aspiring to carve out a successful niche in the real estate landscape.

Key takeaways to listen for

• Ways to leverage an FHA loan and house hacking to kickstart your real estate investments
• Insights into building a successful and ethical wholesaling business
• Challenges and lessons learned from taking on a large-scale flip as a first project
• Practical tips on property management for real estate investors
• The value of gaining experience and mentorship in real estate investing

Resources mentioned in this episode

• BiggerPockets Real Estate Podcast
• Federal Housing Administration (FHA) Loan

About Tommy Harr

Tommy transformed from a home inspector to a financially free millionaire real estate investor by 27. Starting with nothing, he mastered real estate investment through fix and flips, wholesaling, and the BRRRR Method. With seven years in the industry, he initially boosted his father's home inspection business, inspecting over 5000 houses, and leveraged this experience to renovate over 150 properties and amass a 70-unit rental portfolio valued at $15 million, alongside managing 25 short-term rentals. He has also completed over 200 wholesaling deals. Featured twice in Business Insider in 2022, Tom has coached over 300 students nationwide and enabled his mother to retire in 2022 to oversee his Airbnb operations, sales, and renovations.

Connect with Tommy

• Website: Real Side Real Estate Community
• Instagram: @tommyharr05
• YouTube: Tommy Harr
  

Connect with Leigh

Please subscribe to this podcast on iTunes or the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram @ LeighThomasBrown.

Subscribe to Leigh's other podcast Real Estate From The Rooftops

Sponsors

Leigh Brown University – New On-Demand Training
How to Dominate During This Recession!

Enroll Now to learn practical steps for effective action, discover what to say, and ensure success in securing listings, assisting buyers, and expanding your business, regardless of market conditions.

Enroll today at: https://www.leighbrownuniversity.com/dominate-recession

Enter code: CSIRE20 at checkout for a 20% discount.