Passive Wealth Strategy Show - Real Estate for Busy Pros
About
Available on
Community
718 episodes
Chris Long, the founder of Long Yards, shares his unique approach to self-storage investing. Long Yards focuses on providing storage solutions for businesses, particularly those with heavy equipment. Chris discusses how he determines demand for this type of storage, the stickiness of the business model, finding opportunities through new development or existing facilities, underwriting and expenses, lease agreements and tenant management, dealing with non-paying tenants, financing options, and balancing work and family life. He also emphasizes the importance of mindset and personal growth in building a successful business. Set up with Stessa: https://stessa.sjv.io/c/2425882/1152983/14113
How can you use real estate investing to break free from the 9-to-5 job and focus on your passion? Host Taylor Loht interviews Zach Schnall, AKA DJ Bander, to share how he used his real estate portfolio to focus on his true passion: music. Zach shares his journey of utilizing union wages and early business success to save and invest in real estate, ultimately enabling him to dedicate his time to creating and performing music. Throughout this episode, Zach opens up about the strategies and systems he employed to build and manage his real estate portfolio without it becoming a distraction from his musical pursuits. He also shares valuable insights on identifying the right investment opportunities, the importance of building a strong network, and the challenges and benefits of 1031 exchanges. [00:00 - 03:45] How did DJ Bander’s entrepreneur journey start? __ __ [03:46 - 14:00] Strategies for Building a Real Estate Portfolio __ __ [14:01 - 18:36] Navigating 1031 Exchanges and Market Challenges __ __ [18:37 - 28:11] Using Real Estate to Pursue Your Passions __ __ Quotes: "You want to use real estate as a way to buy yourself time to do it, to start another business or to start something else." - DJ Bander "Try to live on a half, to two thirds of what you make. If you do that, you have no choice but to make money and have more." - DJ Bander Connect with DJ Bander: Instagram: https://www.instagram.com/djbander/ Website: https://banderproductions.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
How can you build a successful land investing business that allows you to take vacations and step away from the day-to-day operations? In episode 716, host Taylor Loht interviews Dan Haberkost, a young land investor who has built a business that enables him to do deals from a distance and take extended vacations. Dan shares his journey, starting at the age of 21, and discusses his approach to land investing. He explains how he focuses on interesting land deals in the Southeast, building teams and systems that allow him to step away from the business. Throughout the conversation, Dan shares valuable insights into his business model, his thoughts on the current market, and the importance of building a business with the right people and processes in place. [00:00 - 06:45] Misconception about Land Investing __ __ [06:46 - 18:22] Identifying the Right Seller and Building Rapport to Close Deals __ __ [18:23 - 25:33] Building a Business with Systems and Teams __ __ [25:34 - 31:35] The Entrepreneur's Journey and Future Plans __ __ Quotes: "Good people and good systems is the key, as with any business." - Dan Haberkost "Business should never be the first priority. People should. Don't forget to plant the long-term seeds amongst all the short-term profits." - Dan Haberkost Connect with Dan Haberkost: Website: https://danhaberkost.com/ Podcast: Big Picture Blueprint Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Taylor discusses the importance of eliminating distractions and staying focused on our goals. He shares his personal experience with implementing a system to eliminate digital distractions and the challenges he faced. Taylor emphasizes the need to restart and recommit to the elimination of distractions to maintain focus. He also highlights the negative impact of engaging with content that focuses on the problems in the world and encourages listeners to focus on the positive and the things they can control. Taylor concludes by encouraging listeners to build a system that eliminates negative influences from their information diet and prioritize what is important in their lives.
How can you use your unique strengths to succeed in real estate investing, despite starting with limited funds? In episode 714, host Taylor Loht sits down with Stephanie Cabral to talk about her journey from being an underemployed attorney to building a $3 million real estate portfolio as an accidental investor. Stephanie shares how she used the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to build her portfolio, focusing on value-added improvements and creative financing techniques. She also shares her tips for managing properties remotely and the importance of building systems and teams to achieve time and location freedom. Stephanie's story is proof of the power of resourcefulness, determination, and seizing opportunities when they arise. [00:00 - 06:05] From Underemployed Attorney to Real Estate Entrepreneur __ __ [06:06 - 13:38] Mastering the BRRRR Strategy __ __ [13:39 - 22:20] Building Systems and Teams for Time and Location Freedom __ __ [22:21 - 29:37] Advice for Aspiring Investors __ __ Quotes: "The more nos you get, the closer you are to a yes." - Stephanie Cabral "What are your competitive advantages, and how can you take advantage of that?" - Stephanie Cabral "If you start a business that depends entirely on you, you didn't buy a business, you bought a job." - Stephanie Cabral, referencing Michael Gerber's "The E-Myth" Connect with Stephanie Cabral: Website: https://www.theleanlandlord.com/ Instagram: https://www.instagram.com/leanlandlord/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
In this episode, we speak with David Kamara, a long-time real estate investor, about his experience and knowledge of the market. They discuss the importance of patience in real estate investing and how to remain patient as the market changes. David emphasizes the need for a well-thought-out business plan and the importance of executing it operationally. They also talk about the challenges of real estate investing and the importance of focus in order to achieve success. David shares his insights on scaling a real estate portfolio and the role of property management in managing operations. He recommends the book 'The Millionaire Real Estate Investor' and shares his inspiration from the movie 'The Banker'. Finally, David advises his younger self to never sell anything in real estate. Manage your properties with Stessa: https://stessa.sjv.io/c/2425882/1152983/14113
What are the biggest risks when dealing with foundation issues, and how can real estate investors avoid expensive problems? In episode 712, host Taylor Loht sits down with Bob Brown, a foundation repair expert who built a successful foundation repair business and invested in residential and commercial properties along the way. Bob shares how investors can arm themselves with knowledge when dealing with potential foundation issues and foundation contractors. He emphasizes the importance of seeking the advice and guidance of an independent, forensic engineer before approaching contractors. Bob also discusses the various technologies and solutions used in foundation repair, including foam, helical piers, and compaction grouting. Throughout the interview, Bob explains the importance of making informed decisions based on expert advice rather than relying on the opinions of foundation repair salespeople. [00:00 - 03:51] Understanding the Foundation Repair Industry __ __ [03:52 - 10:43] Diagnosing Foundation Problems Correctly __ __ [10:44 - 13:00] Economic Viability of Foundation Repairs __ __ [13:01 - 22:58] Advanced Foundation Repair Technologies __ __ [22:59 - 26:38] Questions Round __ __ Quotes: "If you're doing those things and you're not an engineer, you're practicing engineering without a license." - Bob Brown "Exercise, get the right amount of sleep, and eat right." - Bob Brown Connect with Bob Brown: Website: https://foundationrepairsecrets.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
How can preferred equity deals help developers navigate the current real estate market challenges while offering attractive returns to investors? In episode 711, host Taylor Loht welcomes Darin Davis, a real estate investor who has successfully executed transactions approaching $1 billion through his investment firms. Darin shares his perspective on the current real estate market and how preferred equity deals can benefit both developers and investors. He talks about the challenges developers face in the current market, including rising interest rates, falling valuations, and reduced loan proceeds. Darin explains how preferred equity can help developers bridge the gap and complete their projects while offering investors attractive returns with a defined timeframe and a safer position in the capital stack. Darin emphasizes the importance of underwriting, and being focused on class A assets in prime locations. He also shares his perspective on the current market compared to previous recessions and offers advice for young people looking to build a strong financial foundation. [00:00 - 05:40] Challenges Facing Developers in the Current Market __ __ [05:41 - 13:03] Navigating Preferred Equity Deals __ __ [13:04 - 20:50] Focusing on Class A Assets in Prime Locations __ __ [20:51 - 24:09] Comparing the Current Market to Previous Recessions __ __ [24:10 - 32:41] Question Round __ __ Quotes: "I would encourage young people to really focus on who and what you want to be early in your life because what happens in those first 10 years of your life for most everybody will determine what happens the rest of your life." - Darin Davis “Find the one thing that you're good at and just go." - Darin Davis Connect with Darin Davis: Website: https://clubcapital.co/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Summary In this episode, Taylor discusses the book 'Crucial Conversations' and its impact on his personal and business life. He emphasizes the importance of dealing with others effectively and provides tools for navigating crucial conversations. The first tool is recognizing when a conversation is becoming crucial and taking the opportunity to bring down the temperature. The second tool is asking three important questions: what do I want for myself, what do I want for others, and what do I want for the relationship. Taylor concludes by encouraging listeners to practice these tools consistently and pick up a copy of 'Crucial Conversations' for further guidance.
What strategies can real estate investors use to successfully transition from investing in single-family homes to commercial properties? In episode 709, host Taylor Loht sits down with Adam Craig, the founding member of CLE Real Estate Group, to discuss his journey from single-family investing to non-residential commercial real estate. Adam shares valuable insights on how he navigated the challenges of transitioning to office and retail properties, the importance of aggressive marketing, and the advantages of managing commercial properties compared to residential ones. Throughout the conversation, Adam emphasizes the significance of buying right, finding the right tenants, and adapting to market conditions to succeed in the commercial real estate space. [00:00 - 05:53] From Single-Family Homes to Office Buildings __ __ [05:54 - 10:22] Filling Office Vacancies __ __ [10:23 - 15:44] The Art of Buying Right and Adding Value __ __ [15:45 - 23:09] Diversifying with Retail __ __ [23:10 - 26:07] Lessons Learned and question round __ __ Quotes: "It takes a lot of work, but when you can turn a $500,000 investment into a $1.5 million investment in a two-year period, it's worth the effort." - Adam Craig "The good thing about real estate is there's so many avenues you can take." - Adam Craig Connect with Adam Craig: Website: https://www.cleinvest.com/ Instagram: https://www.instagram.com/adamtheinvestor/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Zachary Jensen, a tax expert and real estate investor, joins us to talk about tax-advantaged retirement accounts, specifically the IRA and Roth IRA. They discuss the basics of the IRA, including contribution limits and deductions. They also explain the differences between Roth and traditional IRAs, highlighting the tax advantages of the Roth IRA. The conversation then delves into the backdoor Roth IRA strategy for higher income earners and the mega backdoor Roth IRA strategy, which allows for larger contributions. They discuss the tax implications of these strategies and the importance of consulting with a CPA. The episode concludes with book recommendations and advice from Zachary's future self. Join Stessa at www.escapingwallstreet.com Investing with Taylor at www.investwithtaylor.com
What does it take to build a successful real estate business and sell it to institutional buyers? In episode 707, host Taylor Loht talks with Brittany Fairweather. She is a Licensed Real Estate Agent who managed to sell her company to institutional buyers. Her journey in the real estate world is an inspiring story of identifying opportunities, adapting to market shifts, and consistently delivering solutions that meet investors' evolving needs. Despite her unconventional start as a musical theater major, Brittany's entrepreneurial spirit and listening skills lead her to establish and sell multiple successful companies. Listen to this episode to learn how she managed to do it and earn valuable lessons in the real estate market. [00:00 - 08:11] Starting the Real Estate Journey __ __ [08:12 - 13:50] From Conventional Mortgage to Creating a New Model __ __ [13:51 - 20:08] Selling Businesses and Embracing New Challenges __ __ [20:09 - 25:20] Building a New Real Estate Empire __ __ [25:21 - 28:48] Question round __ __ Quotes: “What we could attribute a lot of our success to is being able to listen to our clients and our relationships and our investors, and be able to provide a solution.” Brittany Fairweather Connect with Brittany Fairweather: Website: https://www.trxcapfund.com/ Instagram: https://www.instagram.com/trxcapfund/ E-mail: brittney@trxcapfund.com Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
How can businesses grow while preserving their core values? In episode 706, host Taylor Loht sits down with Jason Henneberry, the co-founder and COO of Tango Financial, Canada's largest mortgage brokerage. Jason shares his journey of scaling Tango Financial to fund over 4.7 billion in mortgages annually through strategic acquisitions and organic growth. He shares the challenges of change management, the importance of protecting the core business while expanding outwards, and the innovative strategies he employed to manage his time and energy across multiple ventures. Jason's wisdom and real-world experiences offer valuable lessons for entrepreneurs and leaders seeking to scale their businesses while maintaining a healthy work-life balance. [00:00 - 04:17] Forecasting and Performance Management __ __ [04:18 - 10:40] Scaling Through Strategic Acquisitions __ __ [10:41 - 17:04] Finding a long-term business opportunity __ __ [17:05 - 23:06] Time and Attention Management __ __ [23:07 - 28:32] Advice for Entrepreneurs __ __ Quotes: "Protect the core and then expand outward.” - Jason Henneberry “It's never the wrong time to try again. You don't have to wait until January 1st to give it another shot. You can restart.” - Taylor Loht Connect with Jason Henneberry: Instagram: https://www.instagram.com/jasonhenneberry/ Facebook: https://www.facebook.com/henneberryjason TikTok: https://www.tiktok.com/@jasonhenneberry Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Investing with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com Start with Stessa at https://stessa.sjv.io/c/2425882/1152983/14113 In this episode, Coach Dan Gordon discusses the importance of addressing internal problems and overcoming fear in order to achieve success in business and real estate investing. He shares personal experiences and highlights the need to be kind to oneself and take risks. The key takeaway is to persist in the face of failure and learn from mistakes in order to grow and achieve greatness. Takeaways __ __
Could understanding the mysterious 18.6-year real estate cycle be the key to unlocking unparalleled investment opportunities? In this enlightening episode of the Passive Wealth Strategy Show, host Taylor Loht welcomes Chris Larson, a real estate investment guru with over two decades of experience. Chris delves into the intriguing concept of the 18.6-year real estate cycle, a pattern that has seemingly dictated the ebb and flow of property values throughout history. With a mix of personal anecdotes, historical analysis, and expert insights, Chris and Taylor explore how this cycle can impact investment strategies, the role of human psychology in market dynamics, and practical tips for navigating the inevitable ups and downs of the real estate market. Whether you're a seasoned investor or new to the game, this episode offers valuable perspectives on making informed decisions in an unpredictable landscape. Christopher Larsen is the founder and Principal of Next-Level Income. After 18 years in the medical device industry he dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. He has experience in development, private-lending, distressed debt as well as commercial office, and syndications including assets across: multifamily, self-storage, hotels, mobile home parks, car washes and senior housing. Since 2016 he has been actively involved in over $1.5B of real estate acquisitions. [00:00:00 - 00:05:00] The Lure of Real Estate: Introduction to Chris Larson and the foundational concepts of real estate investment. __ __ [00:05:00 - 00:10:00] Unraveling the 18.6-Year Cycle: Deep dive into the concept of the 18.6-year real estate cycle and its historical significance. __ __ [00:10:00 - 00:15:00] Human Psychology & Market Dynamics: Exploring the influence of human nature and psychological patterns on real estate trends. __ __ [00:15:00 - 00:20:00] Black Swan Events & Real Estate: Discussing the impact of unforeseen global events on the real estate cycle. __ __ [00:20:00 - 00:25:00] Practical Investment Strategies: Practical tips for navigating the real estate market based on the cycle's insights. __ __ Quotes: "Understanding the 18.6-year cycle gives us a lens through which to view potential investment opportunities and risks." - Chris Larson "Real estate is not just about the structures we build but the land upon which they stand." - Chris Larson Connect with Chris: Website: https://nextlevelincome.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/
Learn about investing with Taylor at www.investwithtaylor.com Summary Joseph Gozlan, a commercial real estate investor and broker, discusses his investment strategies in retail and industrial properties. He focuses on triple net properties, where the landlord passes on expenses to the tenant. In the retail space, he looks for neighborhood retail strips that cater to service-based businesses. He explains that while Amazon has disrupted retail, there is still a need for physical stores. In the industrial space, he prefers flex buildings that cater to blue-collar businesses, e-commerce startups, and individuals with storage needs. He also compares the lease terms and market dynamics of retail/industrial to multifamily/residential properties. Takeaways Triple net properties allow landlords to pass on expenses to tenants, making them a favorable investment option. Neighborhood retail strips that cater to service-based businesses are still in demand despite the rise of e-commerce. Flex industrial buildings are versatile and cater to blue-collar businesses, e-commerce startups, and individuals with storage needs. Lease terms and market dynamics differ between retail/industrial and multifamily/residential properties, making each asset class suitable for different market conditions.
How can small business owners find financial peace of mind while still pursuing entrepreneurial ventures? In this episode, Amanda Neely shares her journey from coffee shop owner to certified financial planner. She offers insights on achieving financial stability for small business owners, securing flexibility and work-life balance as an entrepreneur, and discovering fulfillment by serving others. Her story is a proof of resilience, strategic planning, and the importance of building a supportive community around your entrepreneurial ventures. [00:00 - 13:57] Rethinking the professional path __ __ [13:58 - 16:44] Redefining Financial Freedom __ __ [16:45 - 19:42] Getting out of risk of bankruptcy __ __ [19:43 - 25:27] Crafting Routine for Both Business and Family __ __ Quotes: "You've got to do it with a team. You can't do it on your own." - Amanda Neely "Financial freedom for me is... about the impact, how my time is being used." - Amanda Neely Connect with Amanda: Website: https://www.wealthwisdomfp.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
How can the conservative yet burgeoning market of Salt Lake City redefine multifamily real estate investing in an era of economic fluctuations? In this episode, Taylor Loht welcomes Brian Briscoe, a seasoned real estate investor and retired U.S. Marine, to discuss the intricacies of multifamily real estate investing, particularly in the promising market of Salt Lake City, Utah. Amid high-interest rates and market turmoil, Brian shares his journey from military service to real estate success, focusing on strategic market selection, the importance of growth areas, and navigating current challenges. Their conversation offers invaluable insights into long-term investment strategies, the impact of economic cycles on real estate, and the potential of Salt Lake City as a prime investment location. Brian Briscoe is the founder and Visionary of Streamline Capital Group and has been a general partner in 1100 units worth over $120 million and has been lead sponsor, asset manager, capital raiser, and key principal on these properties. He founded Streamline Capital Group to provide long-term growth and cash flow for its investors. [00:00:00 - 00:05:00] The Strategic Pivot to Salt Lake City __ __ [00:05:00 - 00:10:00] Navigating Market Challenges __ __ [00:10:00 - 00:12:00] Education and Aspirations in Real Estate __ __ [00:12:00 - 00:15:00] Adapting Business Strategies __ __ [00:15:00 - 00:19:00] Loan Assumption and Closing Thoughts __ __ Quotes: "The best thing you can do is pick an area that's going to grow." - Brian Briscoe "The pendulum rarely stays on one extreme for very long." - Brian Briscoe Connect with Brian: Website: https://www.streamlinecapitalgroup.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
First article: https://www.justice.gov/usao-nj/pr/leader-real-estate-investment-firm-admits-role-658-million-ponzi-scheme-and-multimillion https://www.justice.gov/usao-nj/pr/leader-real-estate-investment-firm-admits-role-658-million-ponzi-scheme-and-multimillion Second article: https://patch.com/new-jersey/secaucus/nick-salzano-secaucus-pleads-guilty-658-million-ponzi-scheme https://patch.com/new-jersey/secaucus/nick-salzano-secaucus-pleads-guilty-658-million-ponzi-scheme Someone just pled guilty to a heap of charges on a $658 Million Ponzi scheme with National Realty Investment Advisors (NRIA). What can real estate investors learn so we can protect ourselves and avoid investing in a Ponzi scheme?
Can the bridge between institutional-level real estate analytics and the individual investor not only demystify the market but also unlock unprecedented opportunities for wealth building? In this episode of the Passive Wealth Strategy Show, host Taylor Loht welcomes Trevor Richardson from Address Income, revealing the fusion of technology and personalized expertise in real estate investing. Discover how Trevor's innovative brokerage is revolutionizing the way investors, from beginners to veterans, navigate the complexities of the market with institutional-level analytics tailored for the individual. With insights into avoiding common pitfalls and leveraging data for smarter investment decisions, this conversation is a treasure trove for anyone looking to elevate their real estate investment game. Born and raised in Reno, Nev., Trevor launched his real estate career as operations manager for multiple private equity funds that focused on acquiring and renovating distressed residential assets in northern Nevada and northern California. Trevor graduated in 2010 with a B.A. in journalism with an emphasis in public relations from the University of Nevada, Reno. [00:00:00-00:03:00] Revolutionizing Real Estate Brokerage __ __ [00:03:00-00:09:00] Blending Technology with Human Insight __ __ [00:09:00-00:15:00] Demystifying Institutional Analytics for the Individual Investor __ __ [00:15:00-00:21:00] Avoiding Pitfalls in Real Estate Investment __ __ [00:21:00-00:27:00] Navigating the Challenges and Opportunities in Reno's Market __ __ Quotes: "We're not just looking at properties; we're analyzing the market." - Trevor Richardson Our goal is to make institutional-level analysis accessible to everyone." -Trevor Richardson Connect with Trevor: Website: https://www.addressincome.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Investing with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Manage your properties with Stessa: https://stessa.sjv.io/c/2425882/1152983/14113 In this episode, Taylor interviews Aundre Oldacre, the managing partner at Aora Development, about sustainable development and its impact on the real estate industry. They discuss the challenges and opportunities of implementing sustainable practices, the role of incentive programs in offsetting development costs, and the importance of evaluating properties based on their sustainability ratings. Aundre shares insights into replacing gas boilers with sustainable alternatives and navigating regulatory red tape. The conversation also touches on the impact of high interest rates and the changing market dynamics in New York City. Overall, the episode provides valuable information for investors interested in sustainable development. Takeaways __ __
Can private credit transform the future of agriculture and help preserve family farms in an era of financial and environmental challenges? In this enlightening episode of the Passive Wealth Strategy Show, host Taylor Loht welcomes Chris Raleigh, founder of Harvest Returns, for a deep dive into the innovative world of private credit within the agriculture sector. Raleigh shares his journey from a Navy captain to revolutionizing agricultural finance, offering insights into the challenges and opportunities facing farmers today. Through discussions on loan structures, investment strategies, and the broader implications for the agricultural industry, this episode sheds light on how private credit is becoming a vital tool for growth and sustainability in farming. While serving as a career naval officer, Chris Rawley visited dozens of war-torn and poverty stricken countries and began to appreciate the importance of agriculture to every single person on earth. As a professional investor with this new found appreciation, he decided to invest in a farm, but quickly discovered that these types of assets were inaccessible to the average person. The problem drove him to create Harvest Returns in 2016 to democratize investments in agriculture. [00:00:00 - 00:04:59] The Genesis of Harvest Returns __ __ [00:05:00 - 00:09:59] Navigating the Terrain: Private Credit in Agriculture __ __ [00:10:00 - 00:14:59] Risk Management and Investment Strategies __ __ . [00:15:00 - 00:19:59] The Future of Farming and Finance __ __ [00:20:00 - 00:23:59] Reflections and Insights __ __ Quotes: "We're a platform we started... to give people access to investments in farming and ranching and agriculture." - Chris Raleigh "Keep moving, and if you're not moving, you're dying... it's, it's, you know, in your business, in your personal relationships in your investing career, you, you gotta, you gotta be moving forward." - Chris Raleigh Connect with Chris: Website: https://www.harvestreturns.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
How can renting properties room by room not only maximize your rental income but also provide affordable housing solutions for students, all while navigating the challenges of property management and tenant selection? In this eye-opening episode of the Passive Wealth Strategy Show, host Taylor Loht interviews Ryan Chaw, a real estate investor who achieved millionaire status by 28 through his innovative room-by-room rental strategy across the country. Ryan shares his journey from a recently retired pharmacist to a real estate mogul, providing invaluable insights into selecting the right markets, managing properties remotely, and strategically catering to college and grad students to create significant cash flows. Discover Ryan's approach to overcoming common landlord challenges, his methods for market analysis, and the systems he's put in place to ensure his investments remain passive yet highly profitable. Ryan Chaw is a real estate investor with a multiple six-figure real estate portfolio, which he built on the side while working his full-time job. He has previously been featured on sites like Business Insider and BiggerPockets. Ryan also regularly shares his advice on industry podcasts and blogs and speaks at industry events. He graduated with a Doctor of Pharmacy at age 23 and has since been working as an Infectious Diseases and Pediatric Pharmacist. [00:00:00 - 00:05:00] Breaking the Mold: Room-by-Room Rentals __ __ [00:05:00 - 00:10:00] The Blueprint to Millionaire Status __ __ [00:10:00 - 00:15:00] Overcoming Challenges: Tenant Management & Maintenance __ __ [00:15:00 - 00:20:00] Scaling Up: From Local to National __ __ [00:20:00 - 00:25:00] Vision for the Future: Goals and Aspirations __ __ Quotes: "By targeting high-quality students and utilizing strategic locations, we're able to minimize typical landlord headaches while providing value to our tenants." - Ryan Chaw "Real estate isn't just about investing in properties; it's about investing in communities and making a positive impact." - Ryan Chaw Connect with Ryan: Website: www.newbierealestateinvesting.com/guide http://www.newbierealestateinvesting.com/guide Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Read the thread: https://twitter.com/bhallcpa/status/1752329561272963265 Taylor takes us through the complexities of tax strategies associated with short-term rental investing, particularly focusing on the so-called "short-term rental loophole." As an experienced investor, Taylor breaks down the misconceptions and misinformation circulating in the community and provides a critical look at how this tax strategy is frequently misunderstood and misused. Taylor highlights a story from Brandon Hall, a CPA and tax expert specializing in real estate, to unravel a cautionary tale of an investor who unsuccessfully attempted to exploit this tax strategy, illustrating the consequences of improper application. The conversation shines a light on the importance of adhering to IRS guidelines and understanding the nuances of real estate tax law.
Why has value-add multifamily investing in tertiary markets provided scalable opportunities for real estate entrepreneurs like George? Summary: Former data scientist George Roberts shares key lessons from his journey transitioning from single family to becoming a full-time multifamily syndicator. Topics discussed include leveraging virtual assistants, investing in tertiary markets, assessing economic fundamentals, smaller multifamily deals, vetting potential partners, and going "all in" as an entrepreneur. When he is not running one of his active investments, you can find George hosting “The Foundery – Where Leaders are Forged Daily!” https://podcasts.apple.com/us/podcast/the-foundery-where-leaders-are-forged-daily/id1564663081 a podcast devoted to the role that entrepreneurship, leadership, and mindset play in success in the commercial real estate space. He also hosts the weekly “CRE Network at Noon Eastern” Zoom meetup for investors and other commercial real estate players every Wednesday at noon Eastern. [00:02:00-00:04:00] From Single Family to Multifamily Syndicator __ __ [00:04:00-00:07:00] Virtual Assistants Enable Lifestyle and Growth __ __ __ __ [00:07:00-00:10:00] Investing in Tertiary Markets __ __ [00:10:00-00:13:00] Assessing Fundamentals of Tertiary Markets __ __ [00:13:00-00:17:00] Smaller Multifamily Deals Offer Advantages __ __ Quote: "When things go wrong, if you're, you have a little less leverage versus the amount of money that you could have put on the side for that rainy day. How long do you get to survive? It's huge" - George Roberts Connect with George: Website: https://robertscapitalenterprises.com/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Investing with Taylor at www.investwithtaylor.com Manage your properties with Stessa https://stessa.sjv.io/c/2425882/1152983/14113 Get in touch with Austin: www.curryconsulting.co Summary Austin Curry, a full-time real estate investor, shares his journey of transitioning from a corporate career to real estate investing. He discusses his investment focus, portfolio, and the shift in his investment model. Austin explains why he decided to move away from syndication and focus on smaller properties. He also shares insights on time management as a full-time investor and offers advice for those looking to make the transition from corporate to real estate. Overall, Austin's story highlights the importance of clarity, purpose, and flexibility in building a successful real estate career. Takeaways __ __
Have you ever wondered how real estate investors save millions on taxes using a method approved by the IRS but not widely understood? In this enlightening episode, host Taylor Loht invites cost segregation expert Joseph Viery to demystify one of the most potent yet underutilized tools in real estate investment - cost segregation. Joseph breaks down complex tax codes into actionable strategies that can lead to significant tax savings for property owners. Whether you're a seasoned investor or new to real estate, Joe's insights into accelerating depreciation, navigating IRS guidelines, and leveraging cost segregation studies will equip you with the knowledge to enhance your investment returns. Joseph is the Principal at US Tax Advisors Group, Inc (USTAGI). As a Cost Segregation Professional, he has helped property owners defer or eliminate millions of dollars in income taxes by leveraging cost segregation studies. Joseph has performed thousands of Cost Segregation studies for clients in various industries ranging from $500,000,000 commercial properties to $50,000 single-family residences. [00:00:00 - 00:04:59] Unlocking Tax Savings: Discover the basics of cost segregation and its history, highlighting how it can transform your tax strategy. __ __ [00:05:00 - 00:09:59] Choosing the Right Study: Learn the difference between engineering-based and online cost segregation studies. __ __ [00:10:00 - 00:14:59] Depreciation Recapture and Strategy: Navigating the implications of selling your property and the strategic role of cost segregation. __ __ [00:15:00 - 00:19:59] Impact of Changing Tax Laws: Discussion on how recent changes in bonus depreciation affect real estate investors. __ __ [00:20:00 - 00:23:59] Building a Real Estate Team: Joe shares personal anecdotes and the importance of surrounding yourself with experts. __ __ Quotes: "Owning real estate is powerful and the tax advantages are huge." - Joseph Viery "Accelerated depreciation has been around for over 50 years, but it's more relevant today than ever." - Joseph Viery Connect with Joseph: Website: https://ustagi.com/ Apply to Invest with Taylor at http://www.investwithtaylor.com/www.investwithtaylor.com http://www.investwithtaylor.com Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Is debt investing the hidden gem of real estate wealth building, offering stability and returns in a volatile market? Host Taylor Loht welcomes Matt Rodak, founder and CEO of Upright, to unravel the complexities and advantages of debt investing in real estate. Matt shares his journey from landscaping for fix-and-flip investors to creating a platform that bridges the gap between active real estate investors and passive debt investors. This episode dives deep into the intricacies of debt versus equity investing, highlighting how individuals can build wealth in real estate by becoming lenders rather than landlords. Through Matt's insights, listeners will explore the strategic benefits of debt investing, including risk management, investment returns, and the evolving landscape of real estate financing. Matt Rodak is the CEO and Founder of Fund That Flip, which was founded in 2014. Matt developed the premise of this fintech company because he was struggling to get access to stable, reliable, and fast capital for his own real estate projects. Since then, Fund That Flip has grown into an end-to-end financial technology platform that helps real estate entrepreneurs and investors transform their neighborhoods and communities. Matt has been featured on the Bigger Pockets Business Podcast, Forbes magazine, and countless other publications. [00:00:00-00:05:00] The Genesis of Upright: Matt Rodak's transition from real estate enthusiast to debt investing pioneer. __ __ [00:05:00-00:10:00] Debt vs. Equity: Analyzing the pros and cons from an investor's perspective. __ __ [00:10:00-00:15:00] Navigating Rising Interest Rates: Adapting strategies in a fluctuating economic environment. __ __ [00:15:00-00:20:00] Project and Borrower Selection: The underwriting process and criteria for successful lending. __ __ [00:20:00-00:25:00] Future of Single-Family Housing: Predictions for the next decade in real estate. __ __ Quotes: "We think there's a very long tailwind... around single-family housing." - Matt Rodak "You can always make more money, but you can't make more time." - Matt Rodak Connect with Matt: Website: https://www.upright.us/ Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
Brandon Hall's Twitter post: https://twitter.com/bhallcpa/status/1757117679180148949 In the latest episode of the Passive Wealth Strategy Show, host Taylor dives into the critical topic of tax strategies and investing advice, particularly those trending on social media platforms like TikTok. The conversation revolves around a cautionary tale; an investor who lost an IRS tax case from taking misinformed advice online about luxury car deductibles. The episode calls attention to the importance of seeking professional advice when navigating the nuances of real estate tax laws to avoid potential pitfalls. Taylor emphasizes the risks of following trending tax advice without proper guidance by highlighting CPA Brandon Hall's thread about a businessman's tax court misadventure. The episode is enriched with crucial steps about correctly documenting business vehicle deductions, reinforcing the notion that real estate offers tax advantages only when leveraged correctly with the help of a professional.
What are the key differences investors should know about when considering self-storage opportunities - from small "mom & pop" facilities to large portfolios owned by REITs? Self-storage expert investor Tom Flannigan shares his deep knowledge of the self-storage investment landscape, including the pros and cons of small versus large operators, how to evaluate market supply and demand dynamics, passive investing considerations, and more. Tom Flannigan is the Argus Self Storage Advisors affiliate for Minnesota, Iowa, and the Dakotas. Since 2012, he has specialized in the acquisition, disposition and evaluation of self storage properties of all types and sizes. Tom has successfully represented sellers and buyers of properties ranging from $300K to over $18 million. Tom is the Managing Director of Area CRE Services in Minneapolis and leads a team of Storage Advisors responsible for selling over $500 million of self storage facilities in the Midwest. [00:02:00] Types of Self Storage Owners __ __ [00:05:00] What REITs Look For __ __ [00:09:00] Evaluating Market Supply __ __ [00:13:00] Why Invest Passively __ __ [00:16:00] Evaluating Passive Deals __ __ Quotes: "At least half of [self-storage] transactions across the country are going to be under $3 million and a lot of those even under $2 million." - Tom Flannigan "I would be much more fixated on whether the market is achieving 60, 70. 20 per square foot versus like a dollar, 1. 20 per square foot. That's a huge difference." - Tom Flannigan Connect with Tom: Website: https://www.selfstorage.com/ X: https://twitter.com/TomStorage Apply to Invest with Taylor at www.investwithtaylor.com http://www.investwithtaylor.com/ Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com http://www.escapingwallstreet.com/ Please leave a review and help others escape Wall Street and build wealth on Main Street!
