Edified Equity

Edified Equity Podcast Episode 46: Underwriting a 104 Door, C Class, Apartment Community – A Case Study

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 46: Underwriting a 104 Door, C Class, Apartment Community – A Case Study

NOTE: This was for Educational Purposes ONLY and was NOT representative of an actual Acquisition.

Michael Blank’s Syndicated Deal Analyzer:

http://www.themichaelblank.com/syndicated-deal-analyzer/

We pulled back the curtain and shared our Underwriting Method on a 104 Door, C Class, Apt Community located in a Solid B area.

The Apartment was 25 to 50% below market rent, mismanaged, in need of renovations, & 20% vacant.

This scenario allows us to create value and appreciate upside quickly within the 1st 3 years.

Long story short we worked with our property management company, lenders, the assessor’s office, chamber of commerce, cost segregation professionals, and purchased it for $4,098,100.00 ($39,405.00/Door).

We’re implementing our business plan and will operate/execute aggressively although we underwrote conservatively in the following ways:

1) Modeled a Higher Cap at resale increasing our exit Cap by 1.2%

2) Slow on the upside ramp up & Value Add (PM thought we could do this over 12-18mo & we modeled 3yrs)

3) Kept our Expenses Higher than anticipated

4) Stayed Low on Rent Potential. We kept increases under the low end of Comps. Only increasing them enough to gain a 20% ROI on the rehab.

5) Overestimated on Taxes

6) Kept Vacancy much Higher than anticipated (5% for Market we’re at 12%)

7) Went Above the NOI with Replacement Reserves

Ultimately our goal is to increase our NOI and add 3.5MM in value. We’re holding it for 5years and will sell or refinance and hold. We have long-term debt locked and feel confident we can weather a storm allowing us to sell on opportunity vs the calendar.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #ap

Edified Equity Podcast Episode 44: Perfectionism, Persistence, Patience, Priority, & Perspective

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 44: Perfectionism, Persistence, Patience, Priority, & Perspective

Perspective & Priority:

Chances are you’ll live another 10, 30, 50, 60, or more years; if you’re not living the life you want I’m encouraging you to start the journey - NOW. Your time is now, this isn’t a drill. You have time to chase your dreams; the question is - do you have the patience, are you willing to put in the effort/work, and are your dreams really a priority or… are you going to settle and live with regret. I certainly hope not, again, I encourage you and cheer you on because it’s possible and you, and your legacy, are worth it.

Persistence & Patience:

It took 3.5 years, patience, and over 120 people to make the, 76 minute, stop motion movie “The Nightmare Before Christmas”. It took J.K. Rowling 7 years, and numerous rejections, to take Harry Potter from concept to finally published, in 1997. Seven years later Rowling, according to Forbes, was the 1st author to become a billionaire via book writing. We’ve heard from Lao Tzu that “The journey of 1000 miles begins with 1 step” – be mindful, as you must take it and be willing to take countless additional steps as well.

Perfectionism:

Don’t get caught up in short-term results; never quit. If you’re chasing your dream keep at it; if you’re wondering whether or not it can really happen I urge you to dive in and start swimming. You don’t need to be perfect to get started. It’s better to be in action without a perfect plan than it is to be paralyzed and inactive.

Having a deep understanding of what it’s going to take and having a true perspective on prioritization, patiently being persistent, and how action trumps perfectionism can help you make your dreams a reality. Find a way to consistently stay mindful of this, because times will get tough, keep going and you won’t regret paying the price.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy

Edified Equity Podcast Episode 44: Perfectionism, Persistence, Patience, Priority, & Perspective

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 44: Perfectionism, Persistence, Patience, Priority, & Perspective

Perspective & Priority:

Chances are you’ll live another 10, 30, 50, 60, or more years; if you’re not living the life you want I’m encouraging you to start the journey - NOW. Your time is now, this isn’t a drill. You have time to chase your dreams; the question is - do you have the patience, are you willing to put in the effort/work, and are your dreams really a priority or… are you going to settle and live with regret. I certainly hope not, again, I encourage you and cheer you on because it’s possible and you, and your legacy, are worth it.

Persistence & Patience:

It took 3.5 years, patience, and over 120 people to make the, 76 minute, stop motion movie “The Nightmare Before Christmas”. It took J.K. Rowling 7 years, and numerous rejections, to take Harry Potter from concept to finally published, in 1997. Seven years later Rowling, according to Forbes, was the 1st author to become a billionaire via book writing. We’ve heard from Lao Tzu that “The journey of 1000 miles begins with 1 step” – be mindful, as you must take it and be willing to take countless additional steps as well.

Perfectionism:

Don’t get caught up in short-term results; never quit. If you’re chasing your dream keep at it; if you’re wondering whether or not it can really happen I urge you to dive in and start swimming. You don’t need to be perfect to get started. It’s better to be in action without a perfect plan than it is to be paralyzed and inactive.

Having a deep understanding of what it’s going to take and having a true perspective on prioritization, patiently being persistent, and how action trumps perfectionism can help you make your dreams a reality. Find a way to consistently stay mindful of this, because times will get tough, keep going and you won’t regret paying the price.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#biggerpockets #leadership #business #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #leg

Edified Equity Podcast Episode 43: Why Affordable Multifamily, Deal Specific, Direct Investments are Attractive

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 43: Why Affordable Multifamily, Deal Specific, Direct Investments are Attractive

Affordable Multifamily Housing (AMH), Deal Specific, Direct Investments are Attractive

• AMH demand is greater than supply & will be for a while (Millennials & Baby Boomers)

• Construction cost, zoning, & regulations have constricted AMH growth

• Homeownership is likely to remain suppressed for several years

• In several markets Class B & C apartments are outperforming Class A & will this will continue

• “Play the Bottleneck” - Learn the benefits of the asset class (Cash Flow, Tax Shelter & Deferment, & Profit Sharing), align with a trusted team, & select an opportunity

https://seekingalpha.com/article/4237832-play-affordable-housing-bottleneck?page=1

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#leadership #business #leadership #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation

Edified Equity Podcast Episode 43: Why Affordable Multifamily, Deal Specific, Direct Investments are Attractive

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 43: Why Affordable Multifamily, Deal Specific, Direct Investments are Attractive

Affordable Multifamily Housing (AMH), Deal Specific, Direct Investments are Attractive

• AMH demand is greater than supply & will be for a while (Millennials & Baby Boomers)

• Construction cost, zoning, & regulations have constricted AMH growth

• Homeownership is likely to remain suppressed for several years

• In several markets Class B & C apartments are outperforming Class A & will this will continue

• “Play the Bottleneck” - Learn the benefits of the asset class (Cash Flow, Tax Shelter & Deferment, & Profit Sharing), align with a trusted team, & select an opportunity

https://seekingalpha.com/article/4237832-play-affordable-housing-bottleneck?page=1

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#leadership #business #leadership #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity #bonusdepreciation

Edified Equity Podcast Episode 42: What!?! My K-1s show a loss even though I’m cash flow positive!

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 42: What!?! My K-1s show a loss even though I’m cash flow positive!

WHAT? My K-1s show a loss even though I’m cash flow positive!

It's True!

A great way to shelter income as an owner, partner, or limited partner of a cash flowing multifamily (apartment community syndication) asset is to utilize cost segregation in the 1st year of ownership. This allows you to, legally, accelerate the depreciation of the asset over 5, 7, &/or 15 years vs. straight 27.5 years.

Furthermore, if you claim 100% bonus depreciation, in the 1st year of ownership, the income sheltering effect is dramatically increased by the tax savings. You can 100% bonus depreciate any component with a useful life of less than 20 years. This means you can immediately depreciate it by 100% vs. spreading it out over 27.5 years.

Generally speaking, when you combine bonus depreciation and a cost segregation study, on a multifamily asset, you can immediately expense 25-30% of the entire asset in the 1st year!

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#leadership #business #leadership #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity

Edified Equity Podcast Episode 42: What!?! My K-1s show a loss even though I’m cash flow positive!

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about, and follow, us on the Web, iTunes, Stitcher, FB, YouTube, Linkedin, Instagram, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 42: What!?! My K-1s show a loss even though I’m cash flow positive!

WHAT? My K-1s show a loss even though I’m cash flow positive!

It's True!

A great way to shelter income as an owner, partner, or limited partner of a cash flowing multifamily (apartment community syndication) asset is to utilize cost segregation in the 1st year of ownership. This allows you to, legally, accelerate the depreciation of the asset over 5, 7, &/or 15 years vs. straight 27.5 years.

Furthermore, if you claim 100% bonus depreciation, in the 1st year of ownership, the income sheltering effect is dramatically increased by the tax savings. You can 100% bonus depreciate any component with a useful life of less than 20 years. This means you can immediately depreciate it by 100% vs. spreading it out over 27.5 years.

Generally speaking, when you combine bonus depreciation and a cost segregation study, on a multifamily asset, you can immediately expense 25-30% of the entire asset in the 1st year!

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality, consultative, educational, content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

This is Dino Pierce CEO of Edified Equity Signing off - Goodbye

#leadership #business #leadership #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity

Edified Equity Podcast Episode 41: Joe Fairless is Hanging 10 with Dino

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 41: Joe Fairless is Hanging 10 with Dino

Introduction: Today on Episode 41 of the Hang 10 series we have Joe Fairless. Joe is a Managing Partner, of Ashcroft Capital and Host of the BEST EVER Podcast and Real Estate Conference. Ashcroft is a Multifamily acquisition and asset mngt firm with 506MM in AUM…

Tell us a little about yourself & What it is that you do in the real estate space?

“Alright Joe are you ready to Hang 10?”

Backstory… When I served in the USN we’d go surfing when on liberty. I really enjoyed surfing so as a play on my surfing experience and passion for it (mostly in the Atlantic off of the coast of Virginia and N. Carolina) I want my guests to give a little background on themselves (Introduction) then I’ll ask “are you ready to Hang 10 ?” as we take a Deep Dive into 10 Questions!

1) What or when was your ah-ha moment that drove you towards real estate?

2) If you could go back and have a discussion with your younger self, what age would you be, and what would you say? Why?

3) Been the most influential person in your life and career?

4) What’s been the most instrumental tool that you use in your business?

5) What’s the best/most influential book (includes audio)/podcast/movie/documentary that has helped you throughout your life and real estate business?

6) What daily habits or rituals do perform that help you stay focused and be successful?

7) What’s the best piece of advice you would give to someone just starting out as a real estate investor?

8) What’s one thing you would have done differently when you first started in real estate investing?

9) If you had to choose one would it be to have $1 million (liquid) today or to travel back in time being able to take all the knowledge and wisdom you have and start over? Why?

10) What currently excites you? Or What projects are you working on?

Thank you Joe… what’s the best way for a guest to get a hold you?

https://joefairless.com/

https://www.ashcroftcapital.com/

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#leadership #business #leadership #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #lega

Edified Equity Podcast Episode 40: Being Successful in Business & as an Entrepreneur

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 40: Being Successful in Business & as an Entrepreneur

I’ve been exposed to business and what it takes to successfully run a business since birth.

My entire family owned and operated their businesses it’s all I’ve ever known.

I’m part of multiple businesses today and I’ll be involved in business, and be an entrepreneur, for the rest of my life.

Today I want to share 10 common business success tidbits that I’ve seen, across multiple industries.

1) take responsibility for the good and the bad

2) reflect, learn/grow and course correct

3) work hard because it’s not easy &, in my experience, all success is result of hard work

4) think outside the box and understand what it takes so that you “can” instead of settling for “I can’t”

5) be willing to sacrifice because ultimately, the end goal, is worth it

6) don’t look for shortcuts

7) think long term & enjoy the thrill of the chase

8) structure your mind/business to go the distance and win by being the last person standing

9) oftentimes you’re the last line of defense so don’t waste time wishing or complaining be willing to pick up the slack to access your desired outcome

10) build and be a team

I’ve seen and experienced my fair share of ups and downs as a business manager but ultimately I’ve been able to come out on top by keeping those 10 business tidbits top of mind and executing relentlessly.

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#leadership #business #leadership #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy #legacyplanning #ROI #multifamily #multifamilyinvesting #investing #investor #investment #entrepreneur #entrepreneurlife #entrepreneurship #hardassets #apartments #apartmentinvesting #financialfreedom #gratitude #CIO #cheifinvestmentofficer #singlefamilyoffice #multifamilyoffice #wealthmanagement #RIA #billiondollarfamilyoffice #edifiedequity

Edified Equity Podcast Episode 41: Joe Fairless is Hanging 10 with Dino

Show Notes:

Welcome to the Edified Equity Podcast!

My Name’s Dino and Here we will focus on all of the unique Benefits associated with being a Passive Equity Investor in an Apartment Syndication.

You can learn more about us on the Web, iTunes, Stitcher, FB, YouTube, & our Award Winning Blog on Bigger Pockets. All associated links will be in the show notes.

If you Find this information Helpful Please Subscribe, Like, Comment, Rate & Review!

Associated Links!

Edified Equity Website:

http://www.edifiedequity.com/

Edified Equity Podcast iTunes:

https://itunes.apple.com/us/podcast/dino-pierce/id1381283719?mt=2

Edified Equity Podcast Stitcher:

http://www.stitcher.com/s?fid=185852&refid=stpr

Edified Equity Facebook Group:

https://www.facebook.com/groups/MultifamilyPassiveCashFlow//

Edified Equity YouTube Channel:

https://www.youtube.com/channel/UCiTMeHhVXIMgCujDzXTxkww

Bigger Pockets Blog:

https://www.biggerpockets.com/blogs/10726-benefits-multifamily-passive-investors

Edified Equity Podcast Episode 41: Joe Fairless is Hanging 10 with Dino

Introduction: Today on Episode 41 of the Hang 10 series we have Joe Fairless. Joe is a Managing Partner, of Ashcroft Capital and Host of the BEST EVER Podcast and Real Estate Conference. Ashcroft is a Multifamily acquisition and asset mngt firm with 506MM in AUM…

Tell us a little about yourself & What it is that you do in the real estate space?

“Alright Joe are you ready to Hang 10?”

Backstory… When I served in the USN we’d go surfing when on liberty. I really enjoyed surfing so as a play on my surfing experience and passion for it (mostly in the Atlantic off of the coast of Virginia and N. Carolina) I want my guests to give a little background on themselves (Introduction) then I’ll ask “are you ready to Hang 10 ?” as we take a Deep Dive into 10 Questions!

1) What or when was your ah-ha moment that drove you towards real estate?

2) If you could go back and have a discussion with your younger self, what age would you be, and what would you say? Why?

3) Been the most influential person in your life and career?

4) What’s been the most instrumental tool that you use in your business?

5) What’s the best/most influential book (includes audio)/podcast/movie/documentary that has helped you throughout your life and real estate business?

6) What daily habits or rituals do perform that help you stay focused and be successful?

7) What’s the best piece of advice you would give to someone just starting out as a real estate investor?

8) What’s one thing you would have done differently when you first started in real estate investing?

9) If you had to choose one would it be to have $1 million (liquid) today or to travel back in time being able to take all the knowledge and wisdom you have and start over? Why?

10) What currently excites you? Or What projects are you working on?

Thank you Joe… what’s the best way for a guest to get a hold you?

https://joefairless.com/

https://www.ashcroftcapital.com/

I hope you found this information helpful. Whether you are here for the education, entertainment, or If you, or someone you know, has a problem finding the right place to invest their money - please help them by sharing this info.

I don’t have anything to sell BUT I AM on a mission and I will be delivering quality consultative content on a routine basis!

Thanks for Tuning in-

Make it a great day - you certainly deserve it!

To Your Wealth,

Dino Pierce

#leadership #business #leadership #podcasting #relationships #multifamilyinvestments #impactinvesting #trust #costsegregation #apartments #syndication #equity #directinvestments #cashflow #appreciation #taxshelter #solo401kinvesting #selfdirectedira #passiveincome #alternativeinvestments #highnetworthindividuals #familyoffice #generationalwealth #trusts #privatemoney #privateequity #duediligence #realestate #realestateinvestor #realestatelife #realestateinvesting #legacy