Afleveringen
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Curious about how AI will reshape real estate in the next five years?
Join me as I discuss with Anton Zajac, Founder and CEO of IntellCRE, the profound changes AI will bring. Anton foresees a future where brokers and investors enjoy equal access to data and tools, leading to quicker deal cycles and better market timing. However, he believes those with greater financial resources will still retain an edge. Platform Features: Data Consolidation: Integrates multiple data sources (sales comps, rent comps, property characteristics, transaction history). Automated Underwriting: Uses AI to automate underwriting, income, and expense analysis. Property Information & Market Analysis: Provides detailed property descriptions, area highlights, operational data, and tools for market research and comparisons. Deal Finder & AI Chat Interface: Identifies and evaluates potential deals via an intuitive chat interface. Document Handling & Customizable Reports: Extracts data from uploaded documents and generates tailored reports and marketing packages. Use Benefits: Efficiency & Speed: Reduces manual work, accelerates deal analysis and underwriting, enabling quicker, informed decisions. Accuracy & Comprehensive Data: Enhances precision with AI-generated insights and extensive data access. Scalability & Cost Savings: Supports handling more deals without additional hires, cutting operational costs. Market Intelligence & User-Friendly: Identifies lucrative opportunities and market trends with advanced analytics and features an intuitive interface for easy navigation. From Anton: Why Should Real Estate Professionals Pay Attention to AI Today? The 2021-2022 recession highlighted the need for automation. AI tools can significantly reduce manual work, such as writing deal descriptions, which can take hours. Using AI frees up time for higher-value tasks like client interactions and closing deals. âThe last to adopt AI will be the first to go bankrupt!â How Do You Use AI on a Daily Basis? Team Communication: Uses platforms like https://www.notion.so and https://slack.com/ AI functionalities within these tools help manage conversations, support tickets, and ideas. Creates action plans and product roadmaps. Additional Tools: https://fireflies.ai/: Attached to calls to create transcripts and action points.One Easy Win for Listeners to Try Using AI:
IntellCRE: Free trial available at https://intellcre.com/ Alternative: Chat GPT: Visit https://chatgpt.com/ Example use: Copy an email text, paste it into Chat GPT, and ask it to rewrite in a more concise or professional manner. ***** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: ⢠practical guides, ⢠how-to's, and ⢠news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI -
In today's show, John D'Angelo, real estate solutions leader at Deloitte, and I explore AI in commercial real estate. John works with some of the top real estate fund managers and institutional investors in the world at the highest levels and what he shares today is a roadmap of the future for our industry.
Key topics covered:
Insights from John:
AI's transformative potential in commercial real estate.
Importance of targeting audit work and investing in document abstraction tools.
Practical AI applications, like using AI for grammar and readability checks.
AI enhancing productivity, especially in writing essays and job descriptions.
Early AI adoption in multifamily real estate and automating resident interactions through chatbots.
Highlights of the conversation:
Complexities of data rights and privacy.
Different architectures for language models.
Importance of understanding basic AI tools.
Emphasis on not being replaced by AI, but by someone who uses AI effectively.
Practical applications of AI:
Tenant communications and chatbots in real estate.
AI embedded in products and solutions for easier adoption.
AI revolutionizing work processes.
Predictive analytics making portfolio analysis more practical and rich.
Conclusion:
Challenges of communication and data consolidation in larger companies.
Lack of common industry definitions in commercial real estate data.
From John:
Why should real estate professionals pay attention to AI today?
Historically, commercial real estate has relied on manpower to solve problems.
Over the next 5 years, significant changes in how the industry invests human capital and utilizes information will occur due to AI.
How do you use AI personally?
Use productivity tools embedded with AI to help with tasks such as grammar and readability checks in emails.
Finds these tools valuable for constant work oversight and improvementââ.
Any easy wins for listeners to test and try with AI?
Recommends playing around with ChatGPT for various tasks.
Shares an example of using ChatGPT to write a five-paragraph essay, highlighting how it can be a great starting point for drafting documents.
Suggests that professionals in various fields, like his wife who is a recruiter, use AI to write job descriptions more efficientlyââ.
John notes that AI can provide a useful starting point versus drafting from scratch, even if the output isn't perfect.
***** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: ⢠practical guides, ⢠how-to's, and ⢠news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI -
Zijn er afleveringen die ontbreken?
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In this episode, Vadim Kleyner, CEO of Smartland, and I discuss AI's practical applications in real estate.
Key topics covered: Practical applications of AI in business and optimizing FaceBook advertising strategies. Significance of AI in decision-making. Vadim spends 10% of his 12-16 hour office day on ChatGPT for communication, reports, and verifying tenant information. Smartland has plans to upgrade their chatbot, Lisa, to an AI-based version. Ambitious plan to upload 15 years of data into an AI environment for better decision-making and reporting. Highlights of the conversation: AI in databases: Proprietary use of a custom GPT to analyze tenant payment behavior. Difference between 3D vector databases and traditional databases for efficient data processing. Collaboration to create a custom system for housing corporate intelligence. Use of ChatGPT: Analyzing data points from FaceBook ads reduces costs and dramatically increases conversions. Detailed discussion of the underwriting process for buying apartment buildings and the role of data. From Vadim: Why should real estate professionals pay attention to AI today? The industry is shifting from manual, labor-intensive processes to more efficient, AI-driven methods. There will be significant changes in how and where people spend time in the industry, with a big shift in human capital investment over the next five yearsââ. How do you use AI personally? Uses personal productivity tools embedded with AI for tasks like checking grammar and readability in emails. Finds these tools valuable for consistent work oversight and improvementââ. Any easy wins for listeners to test and try with AI? Recommends playing around with ChatGPT for various tasks such as writing essays or job descriptions. Highlights that these tools can be a great starting point and significantly ease the drafting processââ. ***** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: ⢠practical guides, ⢠how-to's, and ⢠news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI -
Today's easywin.ai episode looks at applications of AI and data science in real estate with guest Hannah Miet. Key topics covered: Importance of standardized data and data normalization in commercial real estate. Impact of AI on decision-making and data analysis in real estate. JLL's venture capital fund for prop tech (https://www.us.jll.com/en/trends-and-insights/technology-and-innovation/jll-spark-global-venture-fund) AI-driven platforms like Skyline AI's investment management tool (https://www.skyline.ai/). AI's role in improving processes, making accurate decisions, and staying competitive in real estate. Highlights of the conversation: Generative AI's ability to automate processes and create new content. Analytical AI's strength in data crunching and prediction models. Examples of AI use in predicting rent for industrial properties and automating project management. From Hannah: Why should real estate professionals pay attention to AI? AI can assist with tasks, eliminate manual data entry, smooth processes, and increase accuracy. Professionals who ignore AI risk falling behind, as AI can effectively synthesize data, providing a competitive edge. How do you use AI on a daily basis? Uses AI tools like Canva for designing materials and Jasper AI for writing and brainstorming. Canva's AI helps create tailored templates https://www.canva.com/ Jasper AI aids in brainstorming, structuring content, and writing job descriptions www.jasper.ai. Any easy wins for listeners to try with AI? Use Secta Labs, an AI headshot generator. By uploading photos, it generates numerous high-quality headshots with different outfits and backgrounds. Many results are impressively accurate and useful. Website: www.secta.ai ******** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: ⢠practical guides, ⢠how-to's, and ⢠news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI
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Exciting Announcement! Introducing The Easywin.ai Real Estate Show, the only YouTube and podcast series you need on real estate and AI! Join me as I reveal the tools, tactics, and techniques we've used to help our real estate syndication clients raise $100âs of millions in equity capital. This series is your gateway to mastering digital and content marketing systems leveraging the power of AI, tailored exclusively for the real estate industry. Key Highlights: Learn how to attract, nurture, and convert prospects into active investors. Discover the best practices we've developed and continually improve upon. Explore the profound impact of AI on marketing and real estate operations.
Whether you're a sponsor, investor, developer, general contractor, GP, LP, broker, attorney, architect, property manager, fix-n-flipper, or just starting out, as long as youâre in real estate, this series is for you. Plus, don't miss out on our newsletter at easywin.ai for practical guides, how-to's, and updates on AI and real estate! And check this out: This entire episode was created using AI, including a clone of me and some magical multi-lingual tricks! Subscribe to the podcast, join our YouTube channel, and sign up for the newsletter to stay ahead in the industry. Subscribe to the podcast Join the YouTube channel Sign up for the newsletter Thank you for joining me on this exciting journey! Adam Gower Host The Easy Win AI Real Estate Show ******** The only Podcast you need on real estate and AI. Learn how other real estate pros are using AI to get ahead of their competition. Get early notice of hot new game-changing AI real estate apps. Walk away with something you can actually use in every episode. PLUS, subscribe to my free newsletter and get: ⢠practical guides, ⢠how-to's, and ⢠news updates All exclusively for real estate investors that make learning AI fun and easy and insanely productive, for free. EasyWin.AI -
Today's guest is Chris Loeffler, CEO and co-founder of Caliber, a publicly traded private equity real estate firm (is that a contradiction in terms?). In this episode, Chris shares his insights on the evolution of the real estate private equity industry and Caliber's journey as one of the first publicly-traded sponsors of its kind.
We talk about the impact of the 2012 JOBS Act on real estate syndications and how it allowed for public solicitation from investors starting in 2013. Chris discusses the challenges posed by newer entrants in the industry who often relied on aggressive proformas and immediate distributions to attract capital, putting pressure on established firms like Caliber.
We then shift to the current state of the commercial real estate market, with prices down 21.5% peak to trough. Chris talks about the opportunities this presents for buying distressed assets at deep discounts and for adapting them, in some cases, to new uses. He also shares Caliber's strategy of focusing on harder asset classes and complex strategies to generate consistent returns in various market conditions.
And, as every guest loves to do (not!) I ask Chris for some predictions about the future of the real estate private equity industry, including the increasing role of technology, the moderation of fees, and the potential for more regulation. He believes that the industry is set for consolidation, with investors gravitating towards best-in-class partners for long-term relationships.
This episode offers valuable insights for anyone interested in the evolution of real estate private equity, the current state of the commercial real estate market, and the future of the industry. Chris Loeffler's unique perspective as the CEO of a publicly-traded private equity firm makes this a must-listen for investors and industry professionals alike.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
My YouTube show/podcast guest today is Andrew Cushman, founder and principal of Vantage Point Acquisitions, who shares his experience and insights on remote management of multifamily real estate assets from the other side of the country, discussing the challenges and strategies for successful long-distance investing.
We discuss the current state of the multifamily market and how rising interest rates have impacted prudent sponsorsâ ability to acquire new properties. Andrew talks about the spread between what sellers are asking and what buyers are bidding, and discusses the various factors that may lead to a surge in properties coming to market in the near future.
Andrew also shares his philosophy on optimal deal sizes for efficient management, revealing the "sweet spots" at 120 and 220 units where fixed costs can be spread most effectively. He explains how his company has adapted to the changing market conditions and maintained strong performance despite challenges such as rising insurance costs.
As an active LinkedIn user, Andrew also provides insights into his content strategy and the types of posts that tend to generate the most engagement. From market analysis to the realities of property management, he aims to share valuable information and connect with his audience.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
Today's episode is the next in my series covering some of the key tax benefits of investing in real estate and my guests are the CamaPlan duo of Joe Fulvio and Will Mucker. CamaPlan is a company that specializes in self-directed IRAs (SDIRAs) and Joe and Will share their insights into how to create SDIRAs, the regulations around them, and how they can be used by real estate investors.
We begin by defining SDIRAs and exploring how they differ from traditional IRAs and 401(k)s and then we focus on how investors can use these accounts to invest in real estate syndications to generate tax deferred (or tax free) returns.
A significant portion of our discussion covers the tax implications of using an SDIRA and the push back you may have heard from your accountant â as I did when I first researched this type of retirement planning. We cover the concepts of UBIT (Unrelated Business Income Tax) and UDFI (Unrelated Debt-Financed Income), which can trigger taxes within the SDIRA under certain circumstances and is what led to my accountant advising (erroneously it turns out) against using these instruments.
Youâll learn two main things from todayâs podcast; one, you should definitely investigate setting up and SDIRA if you have not already done so, and two, to ask your accountant for more information. These things are not as easy as they appear at first glance so working with someone knowledgeable is going to be important.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
Todayâs podcast is with Irwin Boris, head of acquisitions and investor relations at Heritage Capital Group, a 3rd generation family office with over $750MM in assets under management, whose Number 1 investment priority is Donât Lose Money!
Irwin does not believe in basing investment decisions on the IRR but focuses on underwriting investments to prioritize stable, ongoing cash flow while aiming to at least double equity through appreciation during the lifecycle of any deal. Evidence of the prudence of this approach, Irwin says, is seen in the current market where many sponsors and their investors who were chasing high IRRs are now facing serious cash crises and, in the worst cases, complete loss of invested capital.
Heritage Capital Group has an extensive history of investing through multiple economic cycles and multiple asset classes including multifamily, having owned over 7,000 units at one time, office, and today, industrial of which they currently own and manage some 6 million square feet.
Irwin shares his insights into the broader implications of rising interest rates and their impact on the real estate market and he discusses how Heritageâs cautious approach to debt, favoring longer-term fixed debt structures, has helped mitigate the risks associated with macro-economic market volatility.
Wrapping up, Irwin shares his projections for the industrial real estate market as we move into 2024. He provides a nuanced perspective on the opportunities and challenges that lie ahead, offering strategic advice for navigating the complex landscape of commercial real estate investment.
This podcast is an essential listen for those interested in gaining a deeper understanding of industrial real estate investment, market trends, and the strategic considerations crucial for successful real estate ventures in any asset class or during any phase of the economic cycle.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
My podcast guest today is New York City's top investment sales broker, Bob Knakal, a gentleman and scholar, who has sold 2,276 buildings in the city with value of over $21 billion, the most ever for an individual broker in the cityâs history and guess what, as soon as we started talking I knew all I wanted to hear today was Bobâs inspirational story so we barely discuss real estate at all.
Instead, you are going to be learning how this charming man built his company, Massey Knakal that he sold for some $100 million despite having gone through hard times when he had to run the business entirely on credit card debt. Bob discusses the secrets to his success; describing how to build strong, cooperative teams that drive profit, what to do when the economy goes sideways on you, how to hire, what to avoid, and how to keep people motivated and driven to succeed.
Though the foundation upon which Bob's journey sits is New York real estate investment sales, and while it is easy to be awed by the scale of this success, his story is not just about numbers; it's a tale of strategic partnerships, the importance of neighborhood specialization, and a firm belief in servant leadership. He shares how a focus on information and relationships catapulted Massey Knakal to the top of NYC's real estate market.
Bob also reflects upon a period of introspection after selling his company and he discusses the challenges and opportunities presented by technological advancements, his late but impactful entry into social media, and how traditional practices like direct mail remain relevant in a digital age.
Join us for an insider's look at the story behind New York Cityâs most prolific real estate investment sales professional, with beneficial insights for investors or anyone in the field. A must-watch for anyone looking to learn the wisdom served up by one of the real estate industry's true legends.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
Did you know a staggering 70% of real estate General Partners have less than three years of experience?
So sayeth my guest, Mauricio Rauld, a securities and real estate attorney, expert in syndications and founder of Premier Law Group, while clarifying what lies beneath that statistic. Specifically, and equally astonishing, is that Mauricio has seen syndications with dozens of co-general partners as a way of bypassing securities regulations which prohibit results based compensation for capital raisers.
The guidelines for who can raise capital i.e. sell securities, are pretty clear and it seems that either some sponsors are unfamiliar with the regulations (no defense), donât understand the regulations, (also no defense), or believe they have figured out ways of circumvent the rules while staying compliant (no excuse!)
Our conversation also looks at how sponsors can raise red flags with their online marketing efforts and how to avoid these pitfalls, as well as what investors should keep in mind before placing investments, particularly with sponsors they have little or no prior experience working with.
This episode is a detailed review of some of the biggest issues facing real estate capital formation and is a must watch for sponsors and investors alike.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
Today we are continuing our series on the tax benefits of investing in real estate, with a focus on Opportunity Zones with guest Mike McVickar, general counsel at Origin Investments.
Mike has encyclopedic knowledge of Opportunity Zone laws, regulations, and benefits. There wasn't a single question that I could put to him that stumped him. Not that I was trying, of course, but, having spoken to a lot of folk about Opportunity Zones already, I have come to realize that this particular topic does require a very high degree of knowledge and expertise and that is exactly what youâre getting with Mike today.
Donât worry though, our conversation starts at a high, general overview level and only then dives deep into the nuances of how to benefit investing in Opportunity Zones. Mike shares his insights on how investors can leverage the unique benefits of OZs to not only defer and potentially eliminate capital gains taxes but also make a meaningful impact on distressed communities across the United States.
Born out of the Tax Cuts and Jobs Act of 2017, OZs offer a powerful incentive for investors to channel their capital gains into designated areas, spurring economic growth and revitalization. With over 8,760 zones nationwide, the potential for both financial returns and social good is immense.
Mike breaks down the mechanics of OZ investing, highlighting the flexibility in investment options, from real estate developments to business ventures, and the importance of adhering to substantial local engagement and investment guidelines. He also shares examples of Origin Investments' successful OZ projects, demonstrating the tangible impact these investments can have on communities and investor portfolios alike.
If you are interested in learning more about how Opportunity Zones can help you defer and potentially eliminate capital gains taxes while making a positive difference in communities across the country, this episode is a must-listen. Mike McVickar provides a comprehensive guide to unlocking the potential of OZs and offers valuable insights for investors looking to merge financial gains with social good.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
When properly utilized, 1030 exchanges can be an invaluable tool in the savvy real estate investor's arsenal. Joining me today are Amanda Han and Matt MacFarland, husband and wife team at Keystone CPA, who expertly break down the complex web of rules surrounding these tax-deferral strategies.
Our conversation begins with the foundational principles of 1031 exchanges, where Amanda and Matt illustrate how this mechanism allows investors to sidestep immediate tax liabilities, fostering portfolio growth. They compare the process to a game of Monopoly - upgrading from green houses to a red hotel without the tax burden, a concept that's as strategic as it is financially beneficial.
Yet, the devil is in the details, from the stringent monetary and timing requirements to the tactical deployment of depreciation and the nuanced approach to syndication investments, youâre getting some serious details on this important benefit afforded by the tax Code for real estate investors.
Youâll hear about the pivotal role of strategic planning and will be guided through potential pitfalls, learning about common missteps that could jeopardize the tax-deferral benefits.
Whether you're an experienced 1031er or contemplating your first, this episode is a detailed overview, not just about deferring taxes but about amplifying your investment potential through strategic, informed decisions.
Join us as we unravel the complexities of 1031 exchanges and get the tools you need to harness their full potential.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
What is the short-term rental loophole and how can investors benefit?
In this, the next in our continuing series on tax benefits for real estate investors, guest Tom Castelli, CPA, partner at Hall CPA, explains the short term rental (STR) loophole and explains in detail how investors can leverage the rule to get advantageous tax treatments.
What makes the STR rule so interesting is the ability to use cost segregation studies to get bonus depreciation creating paper losses that can offset other taxable income. It's a potent strategy that, when wielded correctly, can lead to substantial tax savings but it is not without its nuances, as you might expect, or its complications â all of which are explained in this episode.
For example, record keeping is a consistent theme with these real estate related tax incentives, and Tom underscores the importance of maintaining detailed records to substantiate one's active involvement in property management, a critical defense should the IRS come knocking.
If you are interested in learning more about the potential of STRs and want to learn more about how you can leverage investing in them to reduce you tax burden, this conversation provides a detailed guide. Tom doesn't just present the STR loophole; he offers a blueprint for real estate investors seeking to optimize their passive income using this corner of the Code.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
Today's episode is the next in our series on tax incentives for real estate investors and my guest, Dave Zook of the Real Asset Investor is a true master of the art of minimizing taxes while maximizing passive income streams. His career started investing in multifamily real estate, but he has successfully migrated into other tax efficient asset classes.
You're going to hear from Dave his personal experiences of how high-income earners can develop programs for themselves for investing and living life tax efficiently. Dave describes the specific investments he makes personally and, without making any recommendations (of course) he also provides direct access to resources for how you can research and do the same yourself.
Specifically, Dave talks about the tax and income benefits of investing in multifamily real estate, car-washes, ATM machines, self-storage, gas and oil, and other asset classes you may have never thought about before or imagined were within your reach.
Dave's approach stresses the significance of picking the right types of investments and collaborating with top-notch professionals for managing these investments effectively.
Join me as Dave Zook lays out his blueprint for strategic investmentâemphasizing tax smarts, diversifying assets wisely, and the essential practice of teaming up with the industry's best.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
Are you actually maximizing your tax deductions as a real estate investor?
In this episode of our series on how the tax code applies to and benefits real estate investing, we investigate the complexities of Real Estate Professional Status (REPS) with Brandon Hall, a leading CPA specializing in real estate.
Brandon breaks down the intricate details of REPS, offering a comprehensive explanation of its impact on tax deductions, and how it significantly enhances cash flow by allowing professional investors to offset passive income and capital gains with tax 'losses'.
For those unfamiliar with REPS, Brandon begins with a 101 explanation, clarifying that this status is not so easy to qualify because it requires meeting specific IRS criteria, including a 750-hour annual activity requirement and other benchmarks that Brandon discusses. He then dives deeper into the nuances, revealing strategies for documenting and substantiating one's active participation in real estate to meet IRS scrutiny.
Tune into this episode to gain invaluable insights from Brandon Hall on how REPS can bolster investment portfolio profitability for real estate professionals. Whether you are a novice in real estate investing or seeking to refine your tax strategy, understanding how to navigate these complex tax laws could be crucial to optimizing your returns.
This discussion is a must-listen for anyone looking to make informed decisions in their real estate investments, emphasizing the significance of REPS in the broader context of tax planning and investment management.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
In todayâs episode you are getting insights into the world of advanced tax strategies and asset protection for real estate investors with Mark Swedberg of Royal Legal Solutions. Mark shares a wealth of insights, drawing from his companyâs unique model that he likens to a "fractionalized family office," providing high-level tax and legal strategies not just for the ultra-wealthy but for anyone earning over $150,000.
Youâll learn about the underutilized potential of private foundations, a strategy often misconceived as only for billionaires. Mark also shows you how setting up a private foundation can offer substantial tax benefits and charitable opportunities, proving it's within reach for many investors.
We also help you better understand the complex landscape of entity structuring, emphasizing the crucial role of LLCs and S Corporations in asset protection and tax minimization. Mark illustrates how these entities can be strategically used to enhance deductions, protect investments from legal threats, and optimize tax efficiency.
We also cover some lesser known and utilized tax strategies like the Augusta Rule, employing short-term rentals for tax advantages, and the concept of paying family members for legitimate business tasks to reduce taxable income. Mark emphasizes the importance of seeking tailored advice and education in navigating these strategies, ensuring they align with individual financial goals and lifestyles.
Tune in to gain Mark Swedberg's expert insights on leveraging legal and tax strategies to bolster your investment portfolio. Whether you're new to real estate or seeking to refine your strategy, understanding these sophisticated tax maneuvers is key to maximizing your returns, making this episode a must-listen for all real estate investors aiming for financial success.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
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My guest today is Aleksey Chernobelskiy who is principal at Centrio Capital Partners. Aleksey helps Limited Partners (passive investors in real estate syndications â aka âLPâsâ) with existing and future investments, writing tips, and advising or providing educational content to help them navigate the current market, as well as make decisions on how to act and what to look for as they consider investment opportunities going forward.
Aleksey is a prolific writer. His background includes having run a $10 billion commercial real estate portfolio and he has a quadruple major, (gasp), from the University of Arizona in finance, mathematics, economics and accounting.
The insights he shares in todayâs show are largely based on conversations that he has been having with LPâs who are facing issues with some of the deals that they've invested with and who are seeking guidance. He also offers independent third party counsel on how investors should be thinking about the commercial real estate environment in 2024.
Aleksey and I explore the essential aspects of LP investments, focusing on both the opportunities they present and the pitfalls that uninformed investors might encounter. We discuss how LPâsâ lack of knowledge can lead to avoidable mistakes and heightened risks, plus we talk about capital calls dynamics, managing investment dilution, and making informed decisions during a capital call.
Our conversation today provides invaluable guidance for LPâs looking to successfully make their way through the often complex world of real estate syndication, particularly during a downturn, while also providing a roadmap for comprehending the terms and status of an investments before contributing additional money during a capital call.
Watch this episode to learn from Aleksey Chernobelskiy's extensive experience in LP investments. Learn about his approach to tackling the intricacies associated with these types of investments, his tips on risk management, insights on maintaining an informed perspective throughout your investment journey, and his advice on leveraging knowledge to make sound investment decisions.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
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Are you maximizing your tax deductions as a real estate investor?
In this episode of our series on how the tax Code applies to and benefits real estate investing, we are doing a deep dive into cost segregation with Yonah Weiss, Business Director at Madison SPECS. Yonah provides an in-depth explanation of how engaging in cost segregation studies can increase cash flow by accelerating depreciation deductions resulting in tax âlossesâ that can be used to offset passive income and capital gains.
For the uninitiated, Yonah explains cost segregation, an advanced tax deferral method that enhances depreciation deductions that effectively reduce the amount of taxes owed by property owners, in 101 terms and then provides a deep dive into the details, explaining how it can be used to dramatically increase cash flow and profitability.
We talk about the differences between residential and commercial properties in terms of their depreciation schedules (as well as explaining what âdepreciation schedulesâ are) and discuss the specific implications for each. Yonah explains how he and his company actually conducts a cost segregation study and, for what it costs (and I am not being paid to say this!), Yonahâs company engages in some highly skilled and what sounds like laborious and detailed analysis to run their cost segregation studies using engineers and tax professionals to look at assets.
Using case study examples, Yonah discusses how to manage potential longer-term liabilities like âdepreciation recaptureâ when selling a property â something I have always thought of as the defining characteristic of the tax code that, âwhat the IRS giveth, the IRS taketh away.â
We also discuss how the benefits of a cost segregation study can apply to both sponsors and their limited partners (investors) as well as under what circumstances there may be variances in how the benefits are applied across the entire investor cohort.
Tune into this episode to gain valuable insights from Yonah Weiss on employing cost segregation strategies to enhance your investment portfolio's profitability by boosting cash flow and profitability through savvy tax planning. Whether you are new to real estate investing or looking to refine your approach, understanding how to navigate these complex taxation strategies could be key to optimizing your returns and are one of the driving factors that make real estate so important an option for all investors.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here. -
Are you paying too much in taxes each year? In todayâs episode, the first of a series covering (in detail) the tax benefits of real estate investing , my guest, Chris McCormack, CPA, and I discuss how real estate investors are leaving money on the table by not optimizing their tax strategies and what you can do to avoid paying too much tax. Chris and I review the main tax benefits of investing in real estate, for both sponsors and passive investors, as well as looking at some of the lesser-known tax saving strategies. Chris loves reading and understanding the tax code (thankfully, there are people like Chris!) and today youâll learn about depreciation, cost segregation, and the utilization of 1031 exchanges to defer capital gains taxes. He explains in detail how these strategies can significantly reduce your tax liabilities and increase cash flow. His insights into leveraging tax laws to benefit from real estate investments make him a valuable resource for investors seeking to maximize their returns through tax-efficient strategies. Watch this episode to learn Chris McCormack's specialized tax strategies for real estate investors, his approach to dealing with the seemingly never-ending complexities of the tax code, insights on the pivotal role of tax efficiency in investment success, and his perspective on leveraging tax advantages to optimize returns in the real estate space.
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In this brand new podcast series at GowerCrowd, The Real Estate Reality Show, we take a realistic view of commercial real estate investing, providing pragmatic insights for passive investors who are looking for sponsors they can trust and distressed opportunities they can invest in.
Youâll find no quick fixes or easy money ideas here, no sales pitches, big egos or hype.
Youâll learn how to build your wealth while protecting your capital investing as a limited partner in commercial real estate investments, even and especially during an economic downturn.
Subscribe to our free newsletter here.
