Best Real Estate Investing Advice Ever

For those that don’t know, cost segregation is a way of deferring taxes, usually reserved for larger, multi-million dollar properties. However, Alan and his firm perform the studies on smaller properties - even single family homes, if it makes sense for the investor. Find out why and when a cost segregation study would make sense for you. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Alan Goldstein Real Estate Background:

Best Ever Tweet:

“You wanna start dealing with people at higher levels because they will cut your time to get to that level and show you things that you’re not aware of” - Alan Goldstein

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1571_Alan_Goldstein.mp3
Category:general -- posted at: 9:20am EDT

Yesterday Theo gave us six ways to find passive investors for our apartment syndication deals. Today we’ll hear six ore ways to find our limited partners. If you’ve been following along with this series, you know how important raising money is for this process. These 12 ways to find investors are tested and proven to work by Joe himself. These tactics and strategies have raised enough money from passive investors to close on over $460,000,000 in apartment communities. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“People are more likely to buy or do something when someone we know has bought or done it”

Free document for this episode:

https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1570_-_SS_24_-_Series_11_-_Part_4.mp3
Category:general -- posted at: 11:11am EDT

Now we know why people will invest with us, and which entity to use for the capital raise. Now it’s time we talk about finding the actual people and investors that will be investing with you. Theo gives us six great ways to do it today. And we’ll hear six more ways to find our passive investors tomorrow. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Having a thought leadership platform will help you be perceived as an expert”

Free document for this episode:

https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1569_-_SS_23_-_Series_11_-_Part_3.mp3
Category:general -- posted at: 8:42am EDT

Michael had early success with real estate, retired at 45, and then grew bored. He was sitting around and had to figure out what to do now. He’s using his time to help other people do the same as him and obtain financial independence so they can live the life they want. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Sellers are usually hiding some cards” - Michael Zuber

Michael Zuber Real Estate Background:

  • Buy and hold investor, spent 15 years buying one rental at a time
  • Now focusing on helping other busy professionals earn financial independence
  • Based in Mountain View, California
  • Say hi to him at mzuberATonerentalatatime.com  
  • Best Ever Book: Principles by Ray Dalio

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1568_Michael_Zuber.mp3
Category:general -- posted at: 9:03am EDT

We all want to increase our net worth (usually). Mark is a financial planner and here to talk to us about how he has been able to increase clients net worth by over $500,000,000. One great way he does this is through real estate, and pairs it with whole life insurance. Confused? Me too, until I listened to his explanation in this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Even real estate is only worth what someone else is willing to pay for it” - Mark Willis

Mark Willis Real Estate Background:

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1567_Mark_Willis.mp3
Category:general -- posted at: 9:13am EDT

Harsh jumped industries from banking to energy and hasn’t looked back. He specializes in helping entrepreneurs save money on their energy bills. As real estate investors, we’re constantly bombarded with bills, especially energy bills. Hear how Harsh can help alleviate some of that burden and possible even increase the value on your property. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Most companies charge a lot of additional fees” - Harsh Patel

Harsh Patel Real Estate Background:

  • Independent business owner of Xoom Energy
  • Quit banking 4 years ago and built a multi-millionaire dollar a year business in telecom and energy
  • Based in Dallas, TX
  • Say hi to him at harshacn19@gmail.com or at 201.238.3806
  • Best Ever Book: How to Win Friends and Influence People

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1566_Harsh_Patel.mp3
Category:general -- posted at: 9:03am EDT

Scott is back on the show for a special segment today. We’re going to be talking about a deal he has going on. He found an RV park in the middle of nowhere, bought it, and is now telling us his business plan for the park. If you ever buy an odd property, you know you have to get creative sometimes, let’s learn from Scott’s experience and apply it to our own businesses. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Our main focus is acquiring self storage” - Scott Lewis

Scott Lewis Real Estate Background:

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1565_Scott_Lewis.mp3
Category:general -- posted at: 8:56am EDT

Joe and Theo are back to discuss the apartment syndication lessons they learned over the past week.

Theo provides an update on two Tampa apartment deals he is analyzing, which includes a tip for how to find new team members when looking into a new deal.

Joe provides strategies on how to fund the earnest deposit for an apartment deal in a hot market.

Best Ever Tweet:

“When you’re working on a deal with a broker, and still want to expand your network, ask the broker for more connections or team member recommendations”

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Direct download: JF_1564_Follow_Along_Friday.mp3
Category:general -- posted at: 9:27am EDT

Since we’re on the raising money topic, what better time to discuss 506b vs. 506c? How do you figure out which to use? Is one better than the other? What are the differences between the two? All this and more is covered in this episode. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“There are no advertising restrictions for a Joint Partnership”

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Free document:

https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0 

Direct download: JF_1563_Syndication_School_22_-_Series_11_-_Part_2.mp3
Category:general -- posted at: 9:27am EDT

Were back with more syndication school episodes. Today we’re going to start talking about raising the money from private investors. You’ll need to get verbal commitments from investors so that you’ll know how much you can raise and what kind of properties you can buy. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“Once we know how much money we can raise, we’ll know what kind of properties we can buy”

Sponsored by Stessa - The simple way to track rental property performance. Get dashboard reporting, smarter income and expense tracking and tax-ready financials. Get your free account at stessa.com/bestever

Free document:

https://www.dropbox.com/s/wca7zbnpq5p0g23/Money%20Raising%20Tracker.xlsx?dl=0 

Direct download: JF_1562_Syndication_School_21_Series_11_Part_1.mp3
Category:general -- posted at: 8:54am EDT