The Real Estate Heavyweights

EP 95: Comping, Walking Properties and fun with Electricity, Restovation? Rocket Mortgage and Redfin Join teams, DFW Market Update

In this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their recent experiences in the real estate market, including property evaluations, renovation projects, and design trends. They share insights on investment opportunities, the importance of collaboration, and the evolving nature of home design, emphasizing the balance between current trends and timeless aesthetics. In this conversation, Tavis Westbrook and Ashton Hines explore various themes in real estate, including innovative bathroom designs featuring LED mirrors, unique home features, current market trends, crime reduction initiatives in housing, and the growth of housing developments. They also discuss the potential relocation of the Dallas Mavericks and the implications of recent real estate acquisitions. The conversation highlights the ongoing challenges in addressing housing inventory shortages and the evolving dynamics of the real estate market.
takeaways
Collaboration in real estate can lead to better decision-making.
Research is crucial before visiting potential investment properties.
Understanding the local rental market is essential for investment success.
Design choices can significantly impact property value and appeal.
Color trends can influence buyer perception and marketability.
Material selection should balance aesthetics and budget constraints.
Timeless design elements can enhance property value over time.
Being patient with sellers can lead to successful negotiations.
Market insights can guide investment strategies effectively.
Design trends evolve, and staying updated is key to success. LED mirrors offer a sleek, space-saving design.
Unique home features can enhance property value.
Market trends indicate a dip in new listings.
Crime reduction programs are being implemented in housing.
Growth in housing developments is evident in the region.
The Dallas Mavericks' potential move raises urban development questions.
Recent acquisitions in real estate signal market shifts.
Keller Williams is adapting to technological changes.
The housing market faces a significant inventory shortage.
Regional differences in housing development timelines are notable.
titles
Navigating Real Estate Collaborations
Investment Property Insights
Current Trends in Home Renovation
Design Trends and Aesthetic Choices
Sound Bites
"The paneling is coming back."
"I think it's going to be cool."
"They felt obligated to use all of it."
"I think that's what I like about it."
"This is like a retrovation."
"New listings have gone down."
"They have to take these classes."
"Everything's growing that way."
"Rocket mortgage bought Redfin."
Chapters
00:00Introduction and Collaboration in Real Estate
03:01Exploring a Potential Investment Property
06:02Current Projects and Market Insights
09:00Design Considerations in Home Renovation
12:02Color Trends and Design Choices
14:55Material Selection and Design Aesthetics
18:10Balancing Trends and Timelessness in Design
22:28Innovative Bathroom Design with LED Mirrors
23:55Exploring Unique Home Features
26:25Market Trends and Real Estate Insights
28:57Crime Reduction Initiatives in Real Estate
30:34Growth in Housing Developments
31:33Dallas Mavericks and Urban Development
35:05Real Estate Acquisitions and Market Dynamics
38:55Addressing Housing Inventory Shortages

EP 94: Is Money Everything in Real Estate? DFW Pizza Talk, 3 Flips Under Way, DFW Market Update

In this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their journey in podcasting, share insights on real estate market trends, client interactions, and the challenges of property management and renovations. They also delve into the current state of property taxes and legislative updates affecting homeowners in the DFW area. In this conversation, Tavis Westbrook and Ashton Hines discuss various topics related to real estate, including property tax controversies, the closure of Neiman Marcus, the vibrant food scene in Dallas with new pizza places, and lessons learned from real estate investing. They delve into the challenges of building new homes and the importance of timing and action in the real estate market.
takeaways
The podcast has evolved from a nervous start to a more relaxed format.
Flexibility in scheduling has been key to their podcasting success.
Finding off-market opportunities is crucial in a competitive real estate market.
Client interactions often involve educating them on market dynamics.
The DFW real estate market is experiencing fluctuations in inventory and pricing.
Renovation trends have shifted, allowing for more original features to be retained.
Networking with neighbors can lead to unexpected opportunities.
Legislative changes regarding property taxes are minimal and often disappointing.
Understanding market trends is essential for pricing properties effectively.
The importance of adapting strategies based on market conditions is emphasized. Capping property taxes would be beneficial for homeowners.
The closure of Neiman Marcus reflects broader market changes.
New pizza places are revitalizing the Dallas food scene.
Investing in real estate can lead to significant losses if not managed properly.
Timing and market conditions are crucial in real estate investments.
Building new homes can be profitable but comes with challenges.
Experience in real estate helps in making better investment decisions.
Understanding the local market is key to successful investments.
Networking and building relationships can lead to better opportunities.
Action and experience are essential for growth in real estate.
titles
Navigating the Real Estate Landscape
From Podcasting to Property Management
Understanding Market Trends in Real Estate
Client Interactions and Insights
The Future of Property Taxes in DFW
 
Chapters
00:00Introduction and Podcast Journey
04:57Real Estate Insights and Client Interactions
10:04Market Trends and Analysis
18:00Property Management and Renovation Challenges
26:01Property Tax Discussions and Legislative Updates
28:04Property Tax Controversies and Market Changes
30:35Neiman Marcus Closure and City Developments
31:36Food Scene: New Pizza Places in Dallas
38:59Real Estate Investing: Lessons Learned
46:59Building New Homes: Pros and Cons

EP 93: Neiman Marcus Land Lease Drama, Kalahari Resort in Allen, Flipping Problems, DFW Market Update

https://www.youtube.com/@TheRealEstateHeavyweights
https://www.instagram.com/dallasrealestateguy/
https://www.instagram.com/tavis.westbrook/
 
https://www.dallasnews.com/business/retail/2025/02/27/neiman-marcus-owner-doubles-down-on-closing-downtown-dallas-store/
 
https://www.dallasnews.com/sports/mavericks/2025/02/27/new-mavs-arena-irving-city-council-weighing-amendments-that-could-woo-team-out-of-dallas/
 
https://www.wfaa.com/article/news/local/collin-county/kalahari-resort-allen-texas/287-80dd3b0d-5a9a-44fc-89a0-6f7aa50f4a64
 
 
 
In this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss their experiences in real estate, including personal stories about motorcycles, ongoing projects, and the complexities of navigating legal issues in property transactions. They also provide insights into the current market trends in the DFW area, emphasizing the importance of understanding local dynamics and pricing strategies. In this conversation, Ashton Hines and Tavis Westbrook delve into various aspects of real estate, focusing on property valuation, renovation costs, market trends, and the implications of land leases. They discuss the potential relocation of the Mavericks, new developments like Kalahari Resorts, and the challenges faced in flipping properties. The dialogue emphasizes the importance of strategic planning and effective communication in managing real estate projects.
takeaways
Ashton has been a real estate agent for over four years.
Tavis shares his passion for motorcycles and the joy of riding.
The importance of having legal documents in place for aging parents.
Ashton discusses his experience with home renovations and project management.
The DFW real estate market is seeing a rise in new listings.
Buyers can gain leverage in the current market conditions.
Understanding the legal complexities can save time and resources.
The hosts emphasize the need for accurate pricing in real estate.
They discuss the impact of market trends on property values.
Personal stories enhance the relatability of their real estate discussions. Understanding the nuances of property valuation is crucial.
Market trends can significantly impact property sales.
Land leases can be a profitable but complex arrangement.
Staging properties can enhance marketability and appeal.
Effective communication with contractors is essential for project success.
Renovation costs can often surprise homeowners.
The relocation of major sports teams can influence local real estate markets.
New developments can reshape community dynamics and property values.
Managing multiple projects requires careful scheduling and planning.
Flexibility and adaptability are key in real estate management.
titles
Navigating Real Estate and Life's Adventures
Motorcycles and Market Trends: A Real Estate Journey
Legal Complexities in Real Estate Transactions
From Renovations to Market Updates: Real Estate Insights
The DFW Real Estate Landscape: Challenges and Opportunities
Sound Bites
"This is the best set up because it's cold outside."
"You can do living trust or can do things like that."
"It's been cool to see it from beginning to end."
"I'm the Dallas real estate guy."
"It's still a good number if he takes my number."
"It's just that he was advised very bad information."
"Heck yeah. But that's a value of your opinion."
"It's not rocket science, but people get offended."
"Land leases are very popular and very profitable."
"You could be the next Neiman Marcus visionary."
"Just get in there, get out, be done with it."
Chapters
00:00Introduction to Real Estate Journeys
03:02Motorcycle Adventures and Personal Stories
06:08Real Estate Projects and Challenges
12:00Navigating Legal Complexities in Real Estate
18:02Market Update and Trends in DFW Real Estate
26:16Navigating Property Valuation and Renovation Costs
30:45The Impact of Market Trends on Real Estate
35:08Understanding Land Leases and Their Implications
37:34Potential Relocation of the Mavericks
40:55Kalahari Resorts and New Developments
42:35Challenges in Flipping Properties
57:21Closing Thoughts and Future Plans
 
 
 

EP 92: Neiman Marcus Closing Flagship, Short Sale Flip Talk, Car Guy Real Estate Heaven, DFW Market Update

summaryIn this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss various topics related to real estate, including the challenges posed by cold weather on construction, the intricacies of real estate transactions, and the concept of short sales. They provide a market update for the Dallas-Fort Worth area, highlighting trends in home prices and sales activity. Additionally, they touch on local news, including the closure of Neiman Marcus's downtown store, and discuss the rising costs of construction and real estate. In this conversation, Ashton Hines and Tavis Westbrook delve into the complexities of real estate investment, particularly focusing on midterm rentals and the financial challenges associated with them. They discuss the current rental market dynamics, the importance of cash flow, and the strategies for managing risks with furnished rentals. The conversation also touches on unique property features that appeal to specific demographics, such as car enthusiasts, and the evolving methods of tenant acquisition in a competitive market.
takeaways
Cold weather impacts construction schedules and processes.
Transaction coordinators can help streamline real estate deals.
Circle prospecting is a valuable tool for finding new opportunities.
Short sales involve selling a property for less than what is owed to the bank.
The short sale process can be lengthy and complex.
Real estate prices in DFW are on a downward trend.
Neiman Marcus is closing its downtown store after 100 years.
New construction costs are rising, affecting entry-level home prices.
Understanding construction costs is crucial for real estate investors.
Communication with agents is key to successful negotiations. You have to have other outs in real estate investments.
Understanding the rental market dynamics is crucial for success.
Midterm rentals can provide flexibility and financial benefits.
Cash flow analysis is essential for evaluating rental properties.
Tenant acquisition strategies are shifting towards platforms like Airbnb.
Managing risks with furnished rentals requires careful consideration.
Unique property features can attract specific tenant demographics.
Financial challenges in real estate require a proactive approach.
Occupancy rates can significantly impact overall profitability.
Networking and referrals are key in the real estate business.
titles
Navigating Cold Weather Challenges in Real Estate
The Ins and Outs of Real Estate Transactions
Demystifying Short Sales in Real Estate
Current Trends in the DFW Real Estate Market
Sound Bites
"It's cold, cold."
"It's a dance."
"I know he appreciates it."
"You have to have other outs."
"We're hopeful, we're optimistic."
"The gap in the amount of rent is huge."
"It's just a hard business to track."
"There's a lot more potential for cost."
"What a cool house!"
Chapters
00:00Introduction and Weather Challenges
02:59Real Estate Transactions and Challenges
06:03Understanding Short Sales
09:56Market Update and Trends
12:46Local News and Business Changes
20:07Construction and Real Estate Costs
26:37Navigating Financial Challenges in Real Estate
29:26Understanding Rental Market Dynamics
31:49Analyzing Midterm Rental Strategies
34:37Evaluating Cash Flow and Occupancy Rates
36:57Shifts in Tenant Acquisition Strategies
39:16Managing Risks with Furnished Rentals
40:31Exploring Unique Property Features for Car Enthusiasts

Ep 91: Dallas AirBNB Ban Loosing Steam, Luka's Poor Real Estate Agent, Squatters Rights? DFW Market Update

summaryIn this episode of the Real Estate Heavyweights podcast, hosts Ashton Hines and Tavis Westbrook discuss their experiences in real estate, focusing on commercial property management challenges, current renovation projects, market insights, and the implications of short-term rental regulations in Dallas. They share personal anecdotes, strategies for managing properties, and insights into the evolving real estate market. In this episode, Tavis Westbrook and Ashton Hines discuss the legacy of the Dallas Mavericks, particularly focusing on Dirk Nowitzki and Luka Doncic. They explore the implications of recent trades and the future of the team. The conversation then shifts to legal issues surrounding squatters' rights in Texas, highlighting the challenges property owners face. They also analyze the impact of the NAR lawsuit on real estate commissions, noting minimal changes in commission rates. Finally, they delve into design trends in luxury real estate, comparing various properties and discussing modern design elements.
 
takeaways
Ashton Hines transitioned from a physical therapist to a real estate investor.
Tavis Westbrook has over 20 years of experience in real estate with numerous flips and rentals.
Managing commercial properties can present unique challenges, especially with maintenance issues like roof leaks.
It's essential to complete most trades before installing new flooring to protect the investment.
Renovation costs can escalate quickly, especially in larger homes with outdated cosmetics.
Understanding the local market dynamics is crucial for successful property investment.
Circle prospecting can be an effective strategy for finding new listings.
The current market shows a significant increase in days on market, indicating a shift in buyer behavior.
Short-term rental regulations in Dallas are a contentious issue, balancing property rights and community concerns.
Property owners are often willing to comply with regulations if it means eliminating bad actors. The Mavericks have a unique legacy with Dirk Nowitzki.
Luka Doncic's future with the Mavericks is uncertain.
Squatters rights present significant legal challenges for property owners.
Texas is taking legislative action to address squatters rights.
The NAR lawsuit has led to minimal changes in real estate commissions.
Luxury real estate design trends reflect a mix of modern and traditional styles.
The conversation highlights the importance of understanding real estate laws.
Design elements in luxury homes can be replicated in more affordable properties.
The hosts emphasize the need for innovative design in high-end real estate.
The podcast is approaching its 100th episode, marking a significant milestone.
titles
Navigating the Real Estate Landscape
Commercial Property Management Challenges
Renovation Strategies for Success
Understanding Market Dynamics
The Future of Short-Term Rentals in Dallas
Sound Bites
"I made a huge mess!"
"The roof will eat up like two years worth."
"Can we just stop the leak in that unit?"
"It's a new journey for me regarding that piece."
"It's kind of a weird house."
"Nobody has done what Dirk has done."
"This is my style of house."
"Why have two kitchens?"
"I would make it an awesome hotel lounge bar."
"We're closing in on 100."
"Please have a great day."
Chapters
00:00Introduction to Real Estate Heavyweights
02:50Challenges of Commercial Property Management
07:11Current Renovation Projects and Strategies
12:50Market Insights and Buyer Strategies
23:35Short-Term Rental Regulations in Dallas
28:47Mavericks' Legacy and Future
36:02Squatters Rights and Legal Challenges
40:11Impact of NAR Lawsuit on Real Estate Commissions
54:35Design Trends in Luxury Real Estate
 
 
Homes in the Episode:
 
https://www.zillow.com/homedetails/6018-Rose-Grove-Ct-Dallas-TX-75248/26876539_zpid/
 
https://www.zillow.com/homedetails/1405-Ridge-Cir-Roanoke-TX-76262/250155651_zpid/
 
Youtube Channel:
 
https://www.youtube.com/@TheRealEstateHeavyweights
 
https://www.redfin.com/news/agent-commissions-expensive-affordable-q4-2024/
 
https://www.newsweek.com/texas-announces-action-against-squatters-2025665
 
 
 

Ep 89:Tavis and Ashton Real Life Heros? Will Trump Bring Down Housing Prices? Flip Property Deal Breakdown, DFW Market Update

In this episode of the Real Estate Heavyweights podcast, Ashton Hines and Tavis Westbrook discuss personal growth through daily habits, the challenges of home renovation, and the importance of quality in home improvements. They analyze current market trends, the impact of political changes on real estate, and community concerns following recent fires in California. The episode also covers local developments, including a significant land purchase for a state park, and concludes with an analysis of a potential flip property, emphasizing the mentality behind successful renovations. In this episode, Ashton Hines and Tavis Westbrook delve into the intricacies of property flipping, focusing on renovation budgets, essential tasks, property evaluations, and the importance of analyzing comparable properties. They discuss the significance of understanding renovation costs, identifying necessary improvements, and calculating the maximum allowable offer for potential investments. The conversation emphasizes the need for thorough property assessments and strategic planning to ensure successful real estate ventures.
takeaways
Making your bed daily can boost productivity.
Small accomplishments can set a positive tone for the day.
Quality contractors are essential for successful renovations.
Market trends indicate a decrease in housing supply.
Political changes can significantly impact real estate markets.
Community and environmental issues are important in real estate.
Local developments can enhance community value.
Understanding market dynamics is crucial for investors.
A bad flip can stem from poor planning and execution.
The mentality of investors can influence renovation outcomes. Understanding renovation budgets is crucial for successful flipping.
Essential tasks include painting, flooring, and updating fixtures.
Evaluating property condition helps in determining renovation needs.
Analyzing comparable properties aids in setting realistic ARVs.
Calculating the maximum allowable offer is key to making profitable investments.
Landscaping is often overlooked but essential for curb appeal.
Always start with major repairs before cosmetic upgrades.
Photos should accurately represent the property's condition.
Renovation costs can vary significantly based on the scope of work.
Strategic planning and research are vital for real estate success.
titles
Morning Motivation and Personal Growth in Real Estate
Challenges in Home Renovation and Solutions
The Importance of Quality in Home Improvements
Market Trends: Supply and Demand Dynamics
Political Changes and Their Impact on Real Estate
https://www.redfin.com/blog/housing-market-under-trump/
 
https://www.dallasnews.com/news/texas/2025/01/14/one-of-texas-most-popular-state-parks-to-double-in-size-following-adjacent-land-purchase/
 
https://www.dallasnews.com/news/2025/01/14/dallas-developers-malibu-home-destroyed-in-california-wildfires/
 
https://www.youtube.com/@TheRealEstateHeavyweights
 
https://ashtonhines.kw.com/
 
https://www.facebook.com/hinestein
 
https://www.facebook.com/tavis.westbrook
 

EP 88: Racists Help North Texas HOA Get Sued, New Texas Real Estate Laws, DFW Market Update and Rich People Home Reviews!

EP 87: Demolition Day!, Freezing Temp Home Tips, DFW Market Update, $15M Home Critique

In this conversation, Ashton and Tavis reflect on their holiday experiences, discuss the challenges posed by winter weather, and share insights from their construction projects. They also delve into real estate market trends, industry news, and the importance of preparing homes for cold weather. The discussion highlights personal anecdotes, professional experiences, and practical advice for homeowners and investors alike. In this engaging conversation, Ashton Hines and Tavis Westbrook delve into various aspects of home improvement, focusing on preparation for winter freezes, the intricacies of home foundations, and the exploration of unique properties. They discuss practical tips for managing plumbing systems during cold weather, innovative design features in luxury homes, and the importance of creating inviting spaces for relaxation and conversation. The dialogue is rich with insights on energy efficiency, renovation challenges, and the excitement of upcoming projects in the real estate market.
takeaways
December was a busy month for both hosts.
Cruising in the Caribbean was a refreshing experience.
Cold weather in Dallas has posed unique challenges.
Home maintenance is crucial during extreme weather.
Construction projects provide valuable learning opportunities.
Real estate market trends show a decrease in inventory.
Understanding home construction can prevent costly mistakes.
Proper insulation is vital for winter preparedness.
Industry news highlights ongoing challenges in property management.
Preparation for winter weather can save homeowners from damage. Digging through trash can lead to unexpected finds.
Peer and beam foundations have unique challenges.
Winter preparation is crucial for home maintenance.
Insulation choices can impact energy efficiency.
Managing water systems is vital during cold weather.
Unique properties can offer exciting design opportunities.
Innovative bathroom features can enhance luxury homes.
Creating inviting spaces is essential for modern living.
Future projects can bring new opportunities in real estate.
Understanding plumbing systems can prevent costly repairs.
titles
Holiday Adventures and Family Stories
Weathering the Winter: Home Maintenance Tips
Construction Lessons Learned: A Personal Journey
Real Estate Market Insights for 2023
Sound Bites
"December was kind of a blur."
"I think it's a really good idea."
"We need a camera crew video on that."
"I know it's here. So we found it."
"It's super cozy. It's all insulated."
"This has to be an uptown, guessing."
"It's a $3,000 setup right here."
"We're like real radio stars now."
Chapters
00:00Holiday Reflections and Family Adventures
02:59Weather Challenges and Home Maintenance
05:53Construction Insights and Learning Experiences
12:06Market Trends and Real Estate Updates
17:53News and Industry Developments
25:00Preparing Homes for Winter Weather
32:23Digging Through the Past
33:27Understanding Home Foundations
36:18Preparing for Winter Freezes
39:58Managing Water Systems During Cold Weather
44:04Exploring Unique Properties
48:40Designing Luxurious Spaces
51:35Innovative Bathroom Features
58:20Looking Ahead to Future Projects