Full Show Notes
 [00:01:53] Chris Tanner's company website: www.ndtco.com Chris's email: ctanner@ndtco.com LinkedIn: https://www.linkedin.com/in/christanner1/ Join our free facebook community at www.EastWestVentures.co/AIMS
[00:04:14] Hard assets are physical real estate, raw land, single family homes, apartment buildings, precious metals, etc.
[00:06:11] Key distiction between a truly self-directed IRA plan and a limited selft-directed plan is the ability to hold hard assets.
[00:09:08] Fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties. Usually, a fiduciary takes care of money or assets for someone else.
[00:10:45] The IRA has a different EIN number of itself.
[00:13:02]  For IRA accounts, there has to be either a bank or a trust company acting as custodian.
[00:13:24] For 401K accounts, there is no need for a custodian. 
[00:13:51] You only need a SSN to open an IRA account. A 401K or solo 401K requires a business entity.
[00:27:40] You can use debt to buy properties with a self-directed IRA account. You need to use non-recourse loans. 
[00:28:34] I meant to say distribution at the end of the sentence there.
[00:30:48] UBIT Tax: Unrelated Business Income Tax
[00:31:30]  For a leveraged property, you might have to pay UBIT tax for income above $1,000. However, you can deduct your expenses like any other properties.
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7: Chris Tanner - How To Buy Real Estate With Your Self-Directed IRA

Real Estate Lab will walk you through the real estate investing world with different real estate strategies to up your real estate investing game. Discover how you can create passive income to replace your current W2 job or keep it if you have a job that you love. Vee has participated in over $15M in real estate transactions in different capacity (wholesaler, flipper, property manager, deals closer, deals underwriter etc.) since 2009. He invested in 220+ units passively. Real Estate Lab will be a place for everyone to learn about the current real estate trend, real estate investing strategies, apartment syndication, self-directed IRA investing, buy private note/mortgages, flipping houses, buying tax lien certificates, marketing to find deals, 1031 exchange, raising capital, passive investing, turn key properties, buy and operate mobile home parks, creative financing strategies, creative deals structuring, tax strategies, etc. all from the freedom of your owner schedule. If you are a fan of Robert Kiyosaki, Napoleon Hill, Gary Keller, Jeff K. Johnson, etc. then this podcast is for you! Support this show http://supporter.acast.com/the-real-estate-lab. Hosted on Acast. See acast.com/privacy for more information.

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Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Becky Nova, as they talk about her inspiring journey from a failed business owner to an accomplished real estate investor. Becky is a real estate investor, cancer researcher, and a softball player. She is also the owner of a Facebook Group with over six thousand female investor members called the Lady Landlord! Becky also shares with us how she overcame her challenges from becoming close to bankruptcy that left her no choice but to live in her parents’ basement temporarily.
Resources:   ·      Email: beckynova24@gmail.com  ·      Personal Website: https://www.lady-landlords.com/  ·      Facebook Page: https://www.facebook.com/BeckyNova24/  ·      Facebook Group: https://www.facebook.com/groups/ladylandlords  ·      Instagram: https://www.instagram.com/beckynova24/  ·      Youtube: https://www.youtube.com/LiveFreewithBeckyNova  Connect with Vee Khuu! ·      Website: https://www.veekhuu.com/  ·      Facebook: https://www.facebook.com/Veekhuu/ ·      Instagram: https://www.instagram.com/vee.khuu/ ·      Linktree https://linktr.ee/veekhuu
Support this show http://supporter.acast.com/the-real-estate-lab. Hosted on Acast. See acast.com/privacy for more information.

EP 49 - Becky Nova

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Pancham Gupta, as they talk about his journey from being an engineer to becoming a real estate syndicator. Pancham is the podcast host of The Gold Collar Investor Podcast, the owner of Mesos Capital, and a full-time real estate syndicator. In this episode, learn more about why he decided to quit such a high paying job to pursue real estate even when everyone he knew was against his decision!
Resources:   ·      Pancham’s Linkedin: https://www.linkedin.com/in/panchamgupta/  ·      Company Website: https://mesoscapital.com/  ·      Podcast Website: https://thegoldcollarinvestor.com/  ·      Facebook: https://www.facebook.com/thegoldcollarinvestor   ·      Email: p@thegoldcollarinvestor.com  ·      Top 6 reasons to diversify outside of the wall-street: http://www.TheGoldCollarInvestor.com/download  Connect with Vee Khuu! ·      Website: https://www.veekhuu.com/  ·      Facebook: https://www.facebook.com/Veekhuu/ ·      Instagram: https://www.instagram.com/vee.khuu/ ·      Linktree https://linktr.ee/veekhuu
Support this show http://supporter.acast.com/the-real-estate-lab. Hosted on Acast. See acast.com/privacy for more information.

EP 48: Pancham Gupta - From Engineer To Syndicator

Join me, Vee Khuu and my guest, Billy Brown, on the Real Estate Lab Podcast,  as we talk about his new projects, how he went from having no passive income to having a $5 million portfolio, and the performance of his portfolio in the midst of the pandemic. Billy is a successful investor, syndicator, strategist and a creative lender. He is the founder of the Investors Capital Group, founder of The Golf Sanctuary, and a co-author of an Amazon best-selling book called the Success Habits of Super Achievers. In this episode, he shares a lot of valuable information that you do not want to miss! 
Outline of the episode: 
·      [03:44] TrackMan is an application that allows you to play virtual golf. ·      [06:08] How has COVID-19 impacted their business and current projects? ·      [10:09] The story of how he found and bought his first multifamily property. ·      [14:20] You have to know what the fundamentals of lending and investing are before you can get creative.  ·      [17:27] The difficulty is actually finding the truth about the properties and the brokers.  ·      [20:29] Your lender is your biggest partner and not your enemy. When you have experienced buyers buying things right, you’re going to have bigger opportunities. ·      [23:33] Lenders want to work with a solid team, experienced people, and not rookies. ·      [26:25] What kind of debt coverage ratio is Billy looking for now during this pandemic? ·      [29:30] There’s a lot of lending in self-storage and it always has a solid system. ·      [31:06] You need to have plenty of reserves to be able to be a true professional investor. Make sure you provide great housing because people deserve better. ·      [33:16] Make sure you’re well capitalized and have enough money in your operating account. Construction projects usually take longer and costs more money.  ·      [36:15] The slower you go down and the less experienced lenders that you have, the lesser options you’re going to be left with. ·      [39:07] The benefits of having a CCIM designation and why you need to get one. ·      [44:04] All about Billy’s new book, projects, and Loan Approval Accelerator Program. ·      [51:15] Who are Billy’s favorite golfers and why?
Resources: 
·      Billy Brown’s LinkedIn ·      Company Website ·      Billy’s Free E-Book  ·      Billy@BillyBrown.Me  ·      Success Habits of Super Achievers 
Support this show http://supporter.acast.com/the-real-estate-lab. Hosted on Acast. See acast.com/privacy for more information.

EP 47: Billy Brown - The Lender That Makes You Money

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Nick Raithel, as they talk about why and when you should write your own book. Nick is the creator of The 7 Hours Book, and runs a service to help real estate investors create a book in just 7 hours. Do you think you’re not good enough, have a lot of doubts about your skills, and do not know where to start? Listen to this episode now, and find the answers to your questions!
Outline of the Episode: ·      [01:48] All about The 7 Hour Book by Nick Raithel. ·      [03:27] Nick saw the need for people to use a book to help promote themselves. ·      [04:31] Why did Nick, a digital marketer, decide to focus on books? ·      [06:21] The old is new. A lot of things from before are being used by people again. ·      [07:20] A hardcover book is like a business card that people don't throw away. ·      [08:12] Writing a book is something that people should consider if they already have a clear grasp of their goals. ·      [09:29] How will you know if writing a book is right for you? ·      [10:36] It has become more challenging to stand out in the competition in real estate.  ·      [12:34] Figuring out your why. You don’t need to be the best in writing to write a book. ·      [15:03] We first let them figure out if a book makes sense for them before coming to us. ·      [16:37] It all comes down to your decision of when is the right time to publish your book. ·      [18:11] You don’t need to worry so much about not having a huge platform or list of people to email to when starting to leverage your book. ·      [19:22] Their process of deciding when the client is a right fit for them. ·      [21:39] Work from home jobs are becoming the norm because of COVID-19. ·      [22:50] How do they ensure that their writers will write with the same voice as the client? ·      [24:51] Their price ranges and the services included in the package. ·      [27:00] Podcast is a great platform to build your network and reach out to investors. ·      [28:04] Nick’s favorite books and the lessons he learned from them. Resources:   ·      Website: http://contentcorps.net/  ·      The Black Swan ·      Fooled by Randomness Connect with Vee Khuu! ·      Website: http://www.veekhuu.com/ ·      Facebook: https://www.facebook.com/Veekhuu/ ·      Instagram: https://www.instagram.com/vee.khuu/ ·      Linktree https://linktr.ee/veekhuu
Support this show http://supporter.acast.com/the-real-estate-lab. Hosted on Acast. See acast.com/privacy for more information.

EP 46: Nick Raithel - Unlock Your Book

Today on the Real Estate Lab Podcast, join our host Vee Khuu and his guest, Dr. Gurpreet Padda, as they talk about the value of education, the importance of connecting with other people, and real estate investing. Dr. Gurpreet is the CEO of the Red Pill Kapital, the Medical Director of Padda Institute, and the company, Reverse Diabetes MD. He has an MBA in Finance, a triple board certified physician, and an active and passive real estate investor. Dr. Gurpreet started his own company at the age of 12. Since then, he has established and owned multiple successful businesses. In this episode, he shares his experiences about getting into and working in different industries at such a young age. 
Don’t forget to check out the course Dr. Gurpreet is offering for free that was originally for $975! Just email him at info@redpillkapital.com and mention the Real Estate Lab Podcast. Learn more about this amazing opportunity in the episode!
Outline of the Episode: ·      [05:07] Dr. Gurpreet Padda started his own company at the age of 12. ·      [09:14] He was still 14 years old and was in high school but had employees that were 25 years old above. ·      [11:02] If you don’t feel the pain, you do not grow as a human being. You can’t get better. ·      [12:00] The owner’s job is to develop a marketing strategy to bring in business and then develop a strategy for execution.  ·      [14:20] Buying something somebody else didn’t want at a lower price and make more money by selling it at a higher value. ·      [16:24] The struggles of investing in a rough area or hood. No matter how much money you’re going to make, it is not worth it. ·      [20:35] The nature of a hard education is that you don't have to make the same error again. ·      [21:30] Figuring out where you can get the highest return with the least amount of risk. ·      [25:27] Why did Dr. Gurpreet decide to name his company Red Pill Kapital?  ·      [28:09] B grade and C grade buildings are going to be more in demand because people would be able to afford it more compared to the A grade buildings. ·      [33:33] There is going to be a massive shift in terms of our health care. ·      [34:20] Now is the time to start new businesses. A lot of people have no jobs because of the impact of COVID-19. ·      [35:49] As an immigrant, Dr. Gurpreet sees the US as the most amazing country on earth and thinks that people don’t recognize how wonderful it is. ·      [38:00] Trying to learn everything about a subject out of curiosity. ·      [39:50] If you feel like a business is leading you to a path you do not want to go or do, you have to transition away from it even if you love what you are doing. ·      [43:27] The most important thing that drives a business is the ability to market and gain new clients. ·      [45:31] It’s the connection that you make with other people and your mentors that creates the real value. ·      [48:46] Dr. Gurpreet is selling a course for $975 available on the Red Pill Kapital’s website.  ·      [51:51] A lot of notable people recommended by Dr. Gurpreet that you should check out! ·      [54:01] Our economy is changing rapidly; you have to anticipate the possibilities. ·      [56:28] What are Dr. Gurpreet’s favorite quotes?
Resources:  
·      Dr. Gurpreet Padda’s LinkedIn: linkedin.com/in/gurpreet-padda/  ·      Instagram: https://www.instagram.com/redpillkapital/ ·      Facebook: https://www.facebook.com/Red-Pill-Kapital-107333104008092  ·      Email: seva@padda.com or info@redpillkapital.com  ·      Neal Bawa: https://www.linkedin.com/in/neal-bawa/ ·      Jack Bosch: https://www.facebook.com/jack.bosch/ ·      Ryan Daniel Moran: https://www.youtube.com/user/RyanMoran13 ·      Jaspreet Singh: https://theminoritymindset.com/author/jaspreet-singh/
Connect with Vee Khuu!
·      Website: http://www.veekhuu.com/ ·      Facebook: https://www.facebook.com/Veekhuu/ ·      Instagram: https://www.instagram.com/vee.khuu/ ·      Linktree https://linktr.ee/veekhuu
Support this show http://supporter.acast.com/the-real-estate-lab. Hosted on Acast. See acast.com/privacy for more information.

7: Chris Tanner - How To Buy Real Estate With Your Self-Directed IRA

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