Accredited Income Property Investment Specialist (AIPIS)

Mark Kohler CPA just completed his third book and offers us 28 tips for tax planning and asset protection. He gives us insider information about S-corps, LLC’s and Obamacare. He wants everyone to have an exit plan for their life through a versatile revocable living trust because as much as you may not want to admit it we are all mortal. Knowing your properties and finding a balance of diversification and protection is a key component to smart real estate investing.

Key Takeaways:

[2:13] 28 game changing strategies for tax and asset protection

[3:54] 3 Tips for planning

[4:55] Know the difference between ordinary income and passive income

[9:10] The 3 costs related to Obamacare

[10:32] Income property is a proven tax-favored asset class

[11:00] Healthcare strategies

[11:52] The solution is the S corporation for multiple sources of income

[13:25] LLC do not save taxes

[14:10] The Kohler Payroll Matrix

[15:46] You do not need an LLC for every rental

[17:33] Know your properties and find a balance

[19:10] Register as a foreign LLC in every state that you have property

[21:53] Don’t forget about the legal and tax planning that needs to be done

[22:20] How do these things fit into your estate plan?

[23:02] Revocable Living Trust

[27:07] A real life “Do not resuscitate” experience

Mentions:

Lawyers are Liars

The Tax and Legal Playbook

MarkJKohler.com

Today we speak with Marshall Saunders of Saunders Dailey. Saunders was named one of Swanepoel’s 200 most powerful people in residential real estate and is the recipient of RISMedia’s 2013 Tech Titan award.

Saunders started pursuing his interest of community funded real estate in 2014. He thinks crowdfunding will be a major game changer for individuals who would like to invest smaller amounts of capital than normally required through traditional IPOs. He describes the history of crowdfunding, the impact of 2012’s Job Act and how banks and mortgage companies might react to this type of investment in the future.

Key Takeaways:

[2:12] Crowdfunding is a game changer for investing in startups

[3:30] Democratizing the investment system

[7:56] Crowdfunding has a long history and in 2012 the Jobs Act was signed

[10:16] Title 3 of the Jobs Act will draw lines on investing in Crowdfunding opportunities

[14:20] Investment opportunities for questionable investments will grow

[17:29] One third less filling than your typical IPO

[18:00] Setting up and selling shares of LLCs via crowdfunding

[20:36] Buying equity in bulk

[22:42] Will individuals turn to crowdfunding sites to pay the mortgage of their single family home?

[24:31] Real estate crowdfunding sites raise money for debt offerings

[26:48] Mortgage companies may require higher down payments

[29:02] Do banks prefer foreclosures based on mortgage insurance payouts?

Mentions:

Saunders Dailey

The World’s First Cashless Society article from Nick Giambruno

Kickstarter

SEC

Today we speak with Marshall Saunders of Saunders Dailey. Saunders was named one of Swanepoel’s 200 most powerful people in residential real estate and is the recipient of RISMedia’s 2013 Tech Titan award.

Saunders started pursuing his interest of community funded real estate in 2014. He thinks crowdfunding will be a major game changer for individuals who would like to invest smaller amounts of capital than normally required through traditional IPOs. He describes the history of crowdfunding, the impact of 2012’s Job Act and how banks and mortgage companies might react to this type of investment in the future.

Key Takeaways:

[2:12] Crowdfunding is a game changer for investing in startups

[3:30] Democratizing the investment system

[7:56] Crowdfunding has a long history and in 2012 the Jobs Act was signed

[10:16] Title 3 of the Jobs Act will draw lines on investing in Crowdfunding opportunities

[14:20] Investment opportunities for questionable investments will grow

[17:29] One third less filling than your typical IPO

[18:00] Setting up and selling shares of LLCs via crowdfunding

[20:36] Buying equity in bulk

[22:42] Will individuals turn to crowdfunding sites to pay the mortgage of their single family home?

[24:31] Real estate crowdfunding sites raise money for debt offerings

[26:48] Mortgage companies may require higher down payments

[29:02] Do banks prefer foreclosures based on mortgage insurance payouts?

Mentions:

Saunders Dailey

The World’s First Cashless Society article from Nick Giambruno

Kickstarter

SEC

Today’s guest, Alvin E. Roth, has written a book about markets. If you are wondering what type of market - as Mr. Roth tells us himself - it’s not important what type of market. It’s the market itself. He guides us through the interview discussing chapters of his book, Who Gets What – and Why, with real life examples of the organ donation market and the online matchmaking market. He even shares his thoughts on how realtors have survived in our internet-based, do-it-yourself economy.

Key Takeaways:

[2:15] The rules of a marketplace constitute its design

[5:34] Alvin Roth analyzes the surprising U.S. real estate market

[9:48] Give realtors the 6% they deserve?

[13:33] Matching markets allow you to choose and be chosen

[15:59] The market of donating organs

[18:10] What rules should apply to repugnant transactions

[21:55] The government both interferes and supports all types of contracts

[25:35] Who Gets What – and Why can be used as a field guide to markets

[26:44] How to understand signals of interest

[27:58] The matchmaking market signal experiment

[30:52] Contact information for Alvin Roth

Mentions:

Hartman Media

Who Gets What and Why

Redfin

Living Kidney Donors Network

Match

Today’s guest, Alvin E. Roth, has written a book about markets. If you are wondering what type of market - as Mr. Roth tells us himself - it’s not important what type of market. It’s the market itself. He guides us through the interview discussing chapters of his book, Who Gets What – and Why, with real life examples of the organ donation market and the online matchmaking market. He even shares his thoughts on how realtors have survived in our internet-based, do-it-yourself economy.

Key Takeaways:

[2:15] The rules of a marketplace constitute its design

[5:34] Alvin Roth analyzes the surprising U.S. real estate market

[9:48] Give realtors the 6% they deserve?

[13:33] Matching markets allow you to choose and be chosen

[15:59] The market of donating organs

[18:10] What rules should apply to repugnant transactions

[21:55] The government both interferes and supports all types of contracts

[25:35] Who Gets What – and Why can be used as a field guide to markets

[26:44] How to understand signals of interest

[27:58] The matchmaking market signal experiment

[30:52] Contact information for Alvin Roth

Mentions:

Hartman Media

Who Gets What and Why

Redfin

Living Kidney Donors Network

Match

Central Florida is home to one of the biggest family vacation spots in the US. Renting single family homes, with private swimming pools, within one hour of Disney resorts is a lucrative business for foreign real estate investors. The area boasts 62 million visitors last year alone. This episode inspects ways to distinguish the good from the bad deals, and breaks down the ownership costs of a $210 nightly rental.

Key Takeaways:

[1:44] Great values inspired me to invest in Central Florida

[2:13] A common misconception is that everyone makes a fortune in real estate

[3:45] A medium-term hold is 5-7 years and a long-term is 10-15 years

[5:04] 62 million people visited Central Florida last year

[8:57] You make money on the day you buy the property and not on the day you sell it

[10:49] How to distinguish a good deal from a bad deal

[12:45] Local expert knowledge – using restaurants as an indicator

[14:30] The term, “the bank’s money”, means no skin in the game

[18:45] Paying an 8% interest rate without putting any money down

[21:09] Which banks are financing international investors?

[22:11] What’s so good about Florida?

[24:45] A vacation property that generates income while I’m not using it

[27:05] A 1600 sq. foot home for $260,000 rents for $210 a night

[28:33] Traditional management fees + rental fee + cleaning costs

[35:52] Jason’s team looks for deals with a 35% annual overall return on investment

Mentions:

AIPIS.org

Feltrim Group

Association of International Property Professionals (AIPP)

Central Florida is home to one of the biggest family vacation spots in the US. Renting single family homes, with private swimming pools, within one hour of Disney resorts is a lucrative business for foreign real estate investors. The area boasts 62 million visitors last year alone. This episode inspects ways to distinguish the good from the bad deals, and breaks down the ownership costs of a $210 nightly rental.

Key Takeaways:

[1:44] Great values inspired me to invest in Central Florida

[2:13] A common misconception is that everyone makes a fortune in real estate

[3:45] A medium-term hold is 5-7 years and a long-term is 10-15 years

[5:04] 62 million people visited Central Florida last year

[8:57] You make money on the day you buy the property and not on the day you sell it

[10:49] How to distinguish a good deal from a bad deal

[12:45] Local expert knowledge – using restaurants as an indicator

[14:30] The term, “the bank’s money”, means no skin in the game

[18:45] Paying an 8% interest rate without putting any money down

[21:09] Which banks are financing international investors?

[22:11] What’s so good about Florida?

[24:45] A vacation property that generates income while I’m not using it

[27:05] A 1600 sq. foot home for $260,000 rents for $210 a night

[28:33] Traditional management fees + rental fee + cleaning costs

[35:52] Jason’s team looks for deals with a 35% annual overall return on investment 

Mentions:

AIPIS.org

Feltrim Group

Association of International Property Professionals (AIPP)

Managing insurance policies for your entire real estate portfolio can be an administrative nightmare if the coverage is provided by multiple companies. Finding a reliable and informative insurance broker who is able to offer nationwide coverage from A level underwriters would eliminate the hassle. Today, Jason gets answers for all of your insurance questions from the brokerage firm of Ross Diversified.

Key Takeaways:

[1:44] The simplicity of one insurance provider for properties nationwide

[2:27] We have had nationwide insurance available for 30 years

[3:24] Nuances to the nationwide real estate market make it a difficult product to offer

[4:42] The underwriting companies which serve our brokerage firm

[5:52] Nationwide programs are generally done on a blanket basis

[8:57] Deductible options from one insurance company

[11:01] Getting the quote to the investor

[13:30] Our company is approved by major financiers

[15:00] Calculating insurance rates based on zip codes

[16:55] Cash value is the number one issue insurance companies have

[20:13] How are land contracts insured?

[22:51] Hard money lenders can place property coverage, but it costs a bit more

[23:38] Loss of Rent insurance

Mentions:

Hartman Media

Ross Diversified

Acceptance Indemnity

Cincinnati Insurance

Blackstone

Managing insurance policies for your entire real estate portfolio can be an administrative nightmare if the coverage is provided by multiple companies. Finding a reliable and informative insurance broker who is able to offer nationwide coverage from A level underwriters would eliminate the hassle. Today, Jason gets answers for all of your insurance questions from the brokerage firm of Ross Diversified.

Key Takeaways:

[1:44] The simplicity of one insurance provider for properties nationwide

[2:27] We have had nationwide insurance available for 30 years

[3:24] Nuances to the nationwide real estate market make it a difficult product to offer

[4:42] The underwriting companies which serve our brokerage firm

[5:52] Nationwide programs are generally done on a blanket basis

[8:57] Deductible options from one insurance company

[11:01] Getting the quote to the investor

[13:30] Our company is approved by major financiers

[15:00] Calculating insurance rates based on zip codes

[16:55] Cash value is the number one issue insurance companies have

[20:13] How are land contracts insured?

[22:51] Hard money lenders can place property coverage, but it costs a bit more

[23:38] Loss of Rent insurance

Mentions:

Hartman Media

Ross Diversified

Acceptance Indemnity

Cincinnati Insurance

Blackstone

The financial industry has their blinders on with regards to the most historically proven asset class in the world, income property. There is no governing organization that watches over real estate transactions, which is why investing in income property is still a lucrative and simple income producer. Savings vehicles such as One Participant 401Ks and IRA’s can be used as diversification platforms for entrepreneurs already investing in tangible assets such as real estate. These alternative savings avenues offer more flexibility and control compared to investing and trusting your money with large financial service organizations.

Key Takeaways:

[2:30] A plethora of investment options including IRA’s and 401Ks

[4:06] 2 Tax codes: business owner tax code and employee tax code

[6:09] Growing your money, tax deferred

[7:41] Limits of contribution for the Solo-k

[10:23] Diversify via real, tangible assets

[12:39] The IRS is not a big, dumb government organization

[15:05] Average Joe’s do not know how to handle investments

[17:02] Thou shalt maintain control

[19:55] Strategies for long-term investments

[22:37] Hoping and praying should not be part of your investment strategy

[23:20] Jeff was disillusioned by the financial industry and wanted more

[27:16] A CPA is your best bet for financial planning

[28:42] There is no governing body for real estate

[32:54] Follow the money trail

[33:31] 30% of corporate profits in the U.S. come from the financial services industry

[34:42] Contact information and how to get Jeff’s book

Mentions:

Self Directed Company

The Ultimate Guide to Self Directed Retirement Planning