Join us on Average Joe Finances as our guest Colton Pace, shares his journey from growing up on a ranch in Dallas, Texas to founding Ownwell, a startup aimed at reducing home ownership costs. Colton discusses how Ownwell helps homeowners and real estate investors save on property taxes, insurance, and utility bills. He also delves into the company's unique contingency fee model, how local expertise is crucial for property tax appeals, and the importance of financial planning through detailed expense tracking. Colton shares insights from his experience working for a billionaire, highlighting the significance of analyzing each expense to maximize returns.
In this episode:
- Learn how challenging property tax assessments and expenses can unlock hidden savings for homeowners.
- Discover why education and awareness are key to reducing real estate ownership costs.
- Understand how Ownwell leverages nationwide expertise to optimize property tax and utility savings.
- Gain insights from Colton Pace on using curiosity and direct communication to uncover financial opportunities.
- And so much more!
Key Moments:
01:13 Meet Colton Pace: From Ranch Life to Real Estate
02:27 The Mission of Unwell: Reducing Real Estate Costs
03:27 Importance for Real Estate Investors
07:07 The Eye-Opening Moment: Property Tax Savings
11:20 Utility and Insurance Savings
13:09 Biggest Savings and Success Stories
15:47 Challenges and Benefits of Using Unwell
17:32 The Importance of Time Management for Real Estate Investors
18:18 Introducing the Unwell Team and Their Expertise
19:55 Geographical Reach and Market Operations
21:37 Financial Planning and Expense Management
24:14 Final Round: Colton's Insights and Advice
30:19 Connecting with Colton and Final Thoughts
Find Colton Pace
Website: https://www.ownwell.com/
LinkedIn: https://www.linkedin.com/in/coltonpace/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://mikecavaggioni.com
Show Notes add-on continued here: https://averagejoefinances.com/show-notes/
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See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes
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