Many new investors often ask, “Which business entity should I setup?”  I have heard many say, “should I set up an LLC, partnership, or a corporation?”  Each one of these entities has its advantages, disadvantages, and each investor’s situation has many nuances, so it is always best to seek legal counsel.  In this episode, Elliot Indig provides us with general insight into some of the common business entities used by real estate investors, including their advantages and disadvantages from a liability perspective.  He also tells us about one of the biggest mistakes he has seen new investors make.

Gino Barbaro is going to completely eradicate your limiting beliefs.  Excuses such as not having enough time, not having the skills, not having enough money are all moot.  Gino blows through all of these excuses as he is a father of six, and bought his first multifamily property out of state with owner financing.  He shares with us the three pillars of real estate that propelled him and his business partner, Jake, to over 1,500 units and $100 million in assets under management.  He also tells us his motto, which I believe to be highly relevant especially in the present-day economic environment:  “revenue is vanity, profit margin is sanity, and cash is KING!”

If you think your job and career are secured, Agostino Pintus will challenge you to think twice about that. First, you can start by asking yourself, “Is this the best I can do?” If anything, you owe it to yourself and family to expand your mind and get out of your comfort zone. Agostino shares with us the critical step he took from 0 to over 700 units in less than 28 months.

Daniel Salonis and Adam Dickert are in an excellent position to provide us with perspective from both sides of the coin. In this episode, they share their thoughts on the retail real estate outlook and the purposed design of their 631-unit multifamily development project and the incorporated factors that will attract residents to lease from them.

If you have been investing for some time, are looking to retire soon, or simply would like to diversify into a different real estate asset type, then you might be interested in hearing about “mailbox money.” Barry Wolfe is a Senior Managing Director of Investments with Marcus and Millichap and has 20-years of experience working with this asset type. Tune-in to learn more about “mailbox money,” automation, and more.

Looking for deals?  Are you working with many brokers but are still not getting access to the pocket listings?  Jamie tells us how he leveraged his interpersonal skills and network to find his first 16-unit, and a 22-unit deal.

Yonah shares with us how to reduce our tax liability with cost segregation and accelerated depreciation.  He also provides insight into how he has utilized social media platforms such as LinkedIn to rapidly expand his network and drive new business!

Most people aren't going to take the action necessary to change their situation.  If not, then don't complain about it, just keep doing what you are doing.  If you want to change, then suck it up and get it done!

Even if a seller appears to be forthcoming with you when providing you information about their property, always remember that unspoken and undisclosed information can be just as important as what is mentioned.

Real estate wholesalers have been increasing in numbers in recent years and causing real estate prices to be bid up to levels causing thinner margins.  Real estate wholesaler, Ryan McEntee provides us with some tips on working with wholesalers to make sure you not only get the deal, but you get it at a reasonable price.