In this episode, Brock speaks with JD Modrak. JD is currently a director at Kasa and is as close to a VA loan expert as I've found. We talk about MBAs and how the value of an MBA could be offset with drive and experience, his time stacking VA loans and why now may be the best time to use a VA loan despite where interest rates are, and the state of short term rentals - why or why not they may be worthwhile.
Episode Resources:
Notes:
(01:15) - Why JD doesn't want to talk about the Navy
(05:37) - Driving aircraft carriers to squeezing more aircraft seats on planes
(08:43) - Attitudes perpetuated in the military, good and bad
(15:43) - Is an MBA worthwhile?
(21:47) - How would JD coach someone through doing the work and skipping school?
(25:30) - Paths from business school and evaluating alternatives in the workplace
(31:38) - Story of using the VA loan for the first time
(43:05) - Stacking loans and rules around VA loans
(47:49) - VA Loan caps today
(52:57) - Coming to a conversation with a broker prepared
(01:01:13) - Must have's when buying a home with a VA loan
(01:05:25) - Finding people to have in your court
(01:14:50) - Introduction to short term rentals
(01:24:06) - Working at Kasa and learnings from working in real estate
(01:29:28) - Summary and closing thoughts
The Scuttlebutt Podcast - The podcast for service members and veterans building a life outside the military.
The Scuttlebutt Podcast features discussions on lifestyle, careers, business, and resources for service members. Show host, Brock Briggs, talks with a special guest from the community committed to helping military members build a successful life, inside and outside the service.
Get a weekly episode breakdown, a sneak peek of the next episode and other resources in your inbox for free at https://scuttlebutt.substack.com/.
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• Episodes & transcripts: Scuttlebuttpodcast.co