In this episode of the Investor Shed Podcast, hosts Nick Beveridge and Jeremy Kitchen dive into unconventional and creative ways real estate investors can save serious money. From reducing operating expenses to leveraging AI, using electric vehicles, and building smart joint ventures, this episode is packed with real-world, money-saving tips that most investors overlook.
They explore the difference between operating expenses and cost of sale, how networking can replace marketing, why Pro Accounts at Lowe’s or Home Depot are underused goldmines, and how even leftover carpet can become an efficiency tool. Whether you're flipping your first home or scaling your investment portfolio, this episode will leave you with practical strategies you can apply today.
Plus — learn about their Free Mastermind Community where you can connect, collaborate, and grow with other like-minded investors. 💡
🧠 Key Takeaways:
Focus on reducing operating expenses, not just "cutting costs."
Replace high marketing budgets with networking strategies and partnerships.
Use AI tools to create accurate scopes of work and save time on planning.
Electric vehicles like Teslas can save thousands in transportation costs and boost credibility with clients.
Use Pro Accounts at big box stores for contractor-level discounts and deferred billing.
Partner with contractors via joint ventures to share risk and reduce upfront costs.
Utilize leftover materials for staging and protecting finished work.
Boost team morale with small perks like drinks or lunch — and increase productivity.
Explore IRA lending and private capital to avoid expensive hard money points and fees.
Work with a tax strategist, not just a CPA, to legally minimize your tax burden.
🕒 Chapters:
00:00 - Introduction
03:11 - Weird Money-Saving Tips for Investors
06:01 - Operating Expenses vs. Cost of Sale
09:03 - The Power of Networking
11:56 - Leveraging AI for Efficiency
15:04 - Electric Vehicles for Investors
17:51 - Tesla: Cost Saver or Just Cool?
23:54 - Final Thoughts on Operating Costs
29:11 - Free Mastermind Announcement
31:05 - Networking that Saves You Money
35:52 - Cost-Saving with Newer Contractors
38:15 - Using Big Box Stores for Discounts
44:38 - Joint Ventures with Contractors
48:20 - Using IRAs for Real Estate Financing
50:11 - Low-Hanging Fruit Tips
54:47 - Tax Strategies for Real Estate Investors
🔥 Featured Quotes:
"AI can save you time and money."
"Consider buying a Tesla."
"Your network is your net worth."
📢 Join Our Free Mastermind:
💬 Connect with other investors, get free weekly calls, and access bonus content.
🔗 Join now: https://www.youtube.com/@TheInvestorShed
Nick Beveridge's YouTube Page: https://www.youtube.com/@NickBeveridge
Real Estate Website: https://northidahorei.com
Facebook: https://www.facebook.com/profile.php?id=100063653307069
Instagram: https://www.instagram.com/theinvestorshed/
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