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  • Who Is Nick

N. Smith and Associates Inc.

N. Smith and Associates Inc.N. Smith and Associates Inc.N. Smith and Associates Inc.

we are NOW hiring! $21/STARTING BASE PAY IF ACCEPTED!

we are NOW hiring! $21/STARTING BASE PAY IF ACCEPTED!we are NOW hiring! $21/STARTING BASE PAY IF ACCEPTED!

From Selling Knives and beyond

Focused on helping develop the future leaders of tomorrow for STX. Nick developed a passion for buying Real Estate over the years accumulating both residential & commercial. He soon realized the benefits of having cash flow pay for living cost. Now helping many others develop their own RE Portfolio and mentoring many.

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OPM (Other People's Money)

Financing / Borrowing Money to purchase Real Estate

The process is not too complicated. Once a person understands the basic returns on Real Estate Investment Properties they will tend to leverage OPM instead of paying cash. Paying Cash for a property will tie up a large lump sum of cash that could of been invested in multiple other properties.


The Key component is getting a return higher than the interest rate. For Example, getting a loan at 6% you would want to yield a RETURN of 7%+ to see "profit" before taxes.


Unique Situations: First-Time Home Buyers who buy a 4-plex will sometimes not yield a net positive per say. HOWEVER, they live in the complex in one of the units renting the other 3 allowing the tenants to pay the mortgage, insurance, and taxes each month providing the owner EQUITY that will later be leveraged in years ahead.


The whole goal as you look long term is having your EQUITY be much higher than debts due. Having your equity also cash flow is a massive perk to the game of "monopoly". They whole goal will be to build your equity and leverage the IRS 1031 exchange program to grow your monthly cash flow higher and higher over the years.

Looking to get financing? (borrow OPM) to leverage in RE

BRRR (BUY, RENOVATE, RENT, REFINANCE) + R (REPEAT)

SUMMARY OF BRRR OR BRRRR

In short, the BRRR method of real estate investing means buy, rehab, rent, refinance, and repeat. That is, you buy a value-add or undervalued property, renovate and rehab it to market standards, get tenants in there, and refinance it based on your new market value to pull out your original cash investment. You can then set up your remote property management system, and then you rinse and repeat.

SHORT TERM FOR THE PROFITS

The most affordable and easiest properties to find are single-family homes and small multifamily properties with no more than four units. This is because anything over 5 units is seen as "commercial" in lenders eyes. The moment you go commercial loan terms, rates, and availability change.

Our Team

Nick Smith & Associates Inc. is set up to help all our clients get organized for approved financing. We do deep market analysis to sort through properties that will or will not make sense for the clients goals. We have access to all the tools needed and have a full team organized to aid them through the process of "BRRR".

Professional Licenses Nick Smith holds

Texas Department of Insurance

Texas Mortgage Loan Originator

Texas Mortgage Loan Originator

  • General Lines Life, Accident, Health and HMO
  • General Lines Property and Casualty
  • Managing General Agent
  • Surplus Lines Agent

Learn more on the following licenses Nick holds with TDI on the Texas State Website

Call Us for quoting

Texas Mortgage Loan Originator

Texas Mortgage Loan Originator

Texas Mortgage Loan Originator

NMLS #: 1779664

To learn more how Nick attained his independent RMLO licenses or about attaining your own RMLO Licenses to become a Loan Officer or what a Loan Officer can do please refer to NMLS website.

PRE-QUALIFICATION | Customer Loan Portal

Real Estate Licenses

Texas Mortgage Loan Originator

Federal Aviation Administration

Sales Agent License #: 716158

Sponsoring Broker License #: 555581

To learn more how Nick & other licensed Texas Real Estate Agents attain their licenses refer to the TREC Website

LISTINGS | CUSTOMER PORTAL

Federal Aviation Administration

Federal Aviation Administration

Federal Aviation Administration

FAA Issued Licenses Nick Holds

  • Private Pilot
  • Instrument Rated
  • Commercial Drone License

To learn more please 

refer to the Federal Aviation Administration.

College Experience

Federal Aviation Administration

Directly Contact Nick

  • Nick Graduated with his BA July 2015 
  • Bachelors in Business Administration
  • Graduate University of Texas Pan American now known as (UTRGV)

Directly Contact Nick

Federal Aviation Administration

Directly Contact Nick

Instagram: @Nick_Smith956

FB.com/NickSmithAndAssociates

E-Mail: Nick@StxCutco.com 


 (956) 329-2419

No Sleep Life Season:1

Nick started in Cutco / Vector Marketing when he was 19 years old. He now oversees the South Texas Division alongside his national championship winning District Managers.  They are responsible for well over 20+ MILLION in Cutco sales alone. Get to learn more in Season 1 of No Sleep Life on the teams YouTube channel.

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