I am often approached by people in residential real estate by people in different professions such as medicine, law, and others who are not too informed on commercial real estate and what it is really about. When they discover that I invest in commercial real estate, they always ask me, “Why?” Of course they acknowledge the most obvious reason, the amount of money that can be made. However, I am quick to…
SHOW NOTES FOR EPISODE 497: NEW TAX CHANGES FOR 2020 and 2021 In the last 12 months, real estate investors had to deal with lockdowns, forbearance, eviction moratoriums, massive unemployment and other major impacts to their real estate businesses. In today’s podcast, author, real estate investor, CPA and tax strategist Amanda Han shares how new post-Covid tax changes and other potential laws could further impact real estate businesses and taxes. What You Will Learn What CARES ACT…
SHOW NOTES FOR EPISODE 496: IS IT DIFFICULT TO GET A MORTGAGE WHEN YOU ARE RETIRED? Real estate investing is a powerful strategy to generate cash flow, build wealth and create a legacy in retirement. However, some people think it’s difficult to qualify for a mortgage as a retiree without W-2 employee income. In today’s podcast, Bill addresses this subject, the truths and fallacies and the strategies retirees can use to apply and get approved for mortgages…
By Jennifer Bell Over the last twelve months, the real estate industry has been impacted immensely by the COVID-19 virus. Not only has the actual process of buying and selling a home become more challenging, social distancing and quarantining have made it nearly impossible to do any kind of in-person business; something that is crucial in the real estate industry. Because of the challenges that the real estate industry has been experiencing,…
SHOW NOTES FOR EPISODE 495: WHAT IS A LAND TRUST AND HOW CAN IT PROTECT MY PROPERTIES? Effective asset protection is critical to your long-term real estate investing success. But most investors think that LLCs are the only way to set up asset protection. In today’s podcast, real estate investor and and asset protection attorney Scott Smith shares how Land Trusts, in combination with a Series LLC, is the most cost-effective and best protection for your investment…
SHOW NOTES FOR EPISODE 494: HOW TO FIND THE BEST NEIGHBORHOODS FOR REAL ESTATE INVESTING “Location, location, location.” They say location is the key to real estate investing success. But how do you know if a location is bad, good, indifferent or great? Choosing the right neighborhood is equally as important as getting all the right numbers for a real estate investor. In today’s podcast, Bill provides tips for finding the best neighborhood for…
Negotiations in real-estate deals are all about compromising and agreeing in order to close a transaction. When negotiating, the negotiator should know the needs of the client. Legal knowledge is important since the negotiator should be able to identify the legal processes that could be done to achieve the client’s needs. Negotiators are usually real-estate lawyers, although real-estate agents would also negotiate for their clients. To get successful negotiation results, it is…
SHOW NOTES FOR EPISODE 493: JV PARTNERSHIPS, SYNDICATION AND SEC UPDATES Joint Venture Partnerships and Syndications are two common ways to structure bigger real estate deals. But which do you utilize under various situations? In today’s podcast, author, real estate investor and syndication attorney Kim Lisa Taylor shares how and when the two different structures come into play, as well as sharing the latest SEC updates for 2021. What You Will Learn What differentiates a…
SHOW NOTES FOR EPISODE 492: HOUSE HACKING OVER 50 House hacking can be a great way to get started in real estate investing and to grow a rental property portfolio. But for people over 50, it might be a big challenge or a big benefit, depending on how you view it. In today’s episode, Bill explores the various types of house hacking and weighs in on the pros and cons for investors over 50…
by Jacob Blackett For a long time, real estate investment has been considered one of the safest investment options. As most industries continue to be on their knees due to the Coronavirus pandemic, the real estate industry has continued growing stronger. Investors have continued to be attentive to investment options as they expand their assets. Investor appetite and demand is barely being met. This presents an opportunity for agencies and professionals to…