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Do you want to learn how car wash businesses can benefit you? In this episode of Weiss Advice, we welcome Kriss Berg. Kriss talks about how he got started in the business world and began investing in a variety of industries including construction, solar, online businesses, real estate, newsletters, and e-commerce. Despite the risks associated with these businesses, one venture that Kriss found particularly lucrative was the car wash business. 

Tune in to this episode as Kriss provides his insights on everything related to the car wash business and another business idea that he is exploring!

[00:01 - 01:36] Opening Segment

• We welcome, Kriss Berg!
• Kriss is the Car Wash Guy

[01:37 - 23:49] Uncovering The Tax Benefits Of Car Wash Businesses

• He got into the car wash business when he realized the potential of cap rate and value increase in real estate
• Reached out to an accountant for tax liability
• Car wash is the perfect bonus depreciation vehicle
• Car washes simple businesses
• Targeting self-serve/touch-free combination car washes

[23:50 - 30:56] THE FINAL FOUR

• What's the worst job that you ever had?
  • Worked at a veterinary clinic
• What's a book you've read that has given you a paradigm shift?
  • “Rich Dad, Poor Dad” by Robert Kiyosaki
• What is a skill or talent that you would like to learn?
  • To be able to sing
• What does success mean to you?
  • Kriss says, “Freedom from stress and bad feelings around money. “

Connect with Kriss Berg: 

Website: Tax Free Cash Cow

Twitter: @krissbergtweets

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Tweetable Quotes:

“It's a simple business. I think real estate people look at car washes and think that they're complex. and if you looked at a car wash, you'd think it's easy.” – Kriss Berg

“Car wash is almost ideal because it's a very unique combination of fairly low land value with very high value in the buildings and equipment and improvements, which is what is eligible for bonus depreciation.” – Kriss Berg

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Why is it important to have a passion for what you want to do? In this episode of Weiss Advice, we welcome Coby Lefkowitz. Coby Lefkowitz is a real estate developer, writer, and thought leader in the world of urban planning and development. Based in New York, and in addition to his own projects at his firm Backyard, Coby works with people and cities worldwide to create more beautiful, walkable, sustainable, and dynamic communities for all. Coby tries to marry romantic ways of looking at the world with how to actually implement them in our built environment, something he calls romantic pragmatism

Tune in to this episode as Coby shares how an individual got their feet wet in the development world!

[00:01 - 01:16] Opening Segment

• We welcome, Coby Lefkowitz!
• Coby is the Principal & Co-Founder of Backyard

[01:17 - 24:56] Romantic Pragmatism In Creating Sustainable Neighborhoods

• Creating walkable, dynamic, sustainable, and resilient neighborhoods by unlocking density near city cores and amenities
• Openness to opportunities and passion for architecture
• Opportunity zones have been used to help build in core neighborhoods
• Reforming zoning and building codes has allowed for more progressive infill development

[24:57 - 33:17] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working in basement studios in the summer
• What's a book you've read that has given you a paradigm shift?
  • “The Death and Life of Great American Cities” by Jane Jacobs
• What is a skill or talent that you would like to learn?
  • Learn how to draw architecture
• What does success mean to you?
  • Coby says, “It's contentment, and then you can put a monetary or a material value to success.“

Connect with Coby Lefkowitz: 

Website: Coby Lefkowitz

Twitter: @Cobylefko

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“You're never going to have 100% confidence. And so, you need to get a sufficient threshold. And then as soon as I feel sufficiently comfortable, I dive in.” – Coby Lefkowitz

“It was a real opportunity for us to kind of make good on what we preach of wanting to create more walkable and dynamic and sustainable and resilient neighborhoods, but actually being able to do that, goes back to the romantic and pragmatism.” – Coby Lefkowitz

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How can you get up from your failures to achieving success? In this episode of Weiss Advice, we welcome Val Katayev, Val Katayev is a highly successful serial entrepreneur, having been co-founder and leader of four tech companies focusing on digital media in display, mobile, music, search, and data, which generated over $500M in revenue combined without taking any venture capital.  Currently, he is focusing on Jocalio, a startup to reimagine the $180B jewelry industry.

Val discusses various business ventures such as real estate development and artificial intelligence integration into businesses.  

Tune in to this episode as Val shares his journey from his failures to his successes!

[00:01 - 01:16] Opening Segment

• We welcome, Val Katayev!
• Val has 25 years of experience in various industries
• He is the CEO of Jocalio, a tech-enabled jewelry company 

[01:17 - 22:57] Reinventing The Jewelry Industry With Jocalio

• His goal is to have a store in every town that has a Walmart as part of the Jocalio collective
• When starting a business, it is important to focus on what they are working on and not get caught up in the headlines
• Integrating AI into marketing, communication, inventory management, and product mix
• Utilizing AI to connect data from jewelers and outside sources

[22:58 - 32:42] THE FINAL FOUR

• What's the worst job that you ever had?
  • Worked as a digital monitor
• What's a book you've read that has given you a paradigm shift?
  • “Outliers” by Malcolm Gladwell
• What is a skill or talent that you would like to learn?
  • Learn how to do storytelling in social media
• What does success mean to you?
  • Val Katayev says, “To have all the right things in place, where you have the freedom to explore entrepreneurially and time with the family. “

Connect with Val Katayev: 

LinkedIn: Val Katayev

Twitter: @valkatayev

Instagram: @valkatayev

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“It's worth taking a chance on, something then you don't have to do it again if it doesn't work.” – Val Katayev

“I do still think that execution is a big part, but also luck does play a role and just being at the right time and right place, could allow you execution to happen as well.” – Val Katayev

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How can one leverage the power of social media for your business? In this episode of Weiss Advice, we welcome Aviva Sonenreich, Aviva has combined three generations’ worth of experience in commercial real estate with modern marketing savvy nearly absent from the field. She uses her platform to share a wealth of knowledge on one of the industry’s most rapidly growing markets.

Tune in to this episode as Aviva gives her advice on how to use social media and be successful with it in order to reach potential customers!

[00:01 - 01:27] Opening Segment

• We welcome, Aviva Sonenreich!
• Aviva is a commercial real estate owner, broker, and manager

[01:28 - 22:18] Exploring The Different Uses Of Industrial Space In Commercial Real Estate

• Being introduced to TikTok and how she became a TikTok superstar during COVID
• Consistency in posting content is important for anyone active on social media
• The commercial real estate industry has people who are old school and don’t understand marketing
• Tradespeople, e-commerce businesses, and automotive businesses use the industrial space

[22:19 - 29:19] THE FINAL FOUR

• What's the worst job that you ever had?
  • Worked in the food hall when she was in college
• What's a book you've read that has given you a paradigm shift?
  • “How To Win Friends & Influence People” by Dale Carnegie
• What is a skill or talent that you would like to learn?
  • Sales psychology
• What does success mean to you?
  • Aviva says, “Just being happy and feeling fulfilled emotionally and being able to give. “

Connect with Aviva Sonenreich: 

Website: Warehouse Hotline

LinkedIn: Aviva Sonenreich 

Instagram: @AvivaRealEstate

TikTok: @AvivaRealEstate

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Go big. If I can do it, you can do it, they can do it. I think a lot of people don't understand that they could go bigger and, in this industry, the sky is the limit.” – Aviva Sonenreich

“Commercial real estate is a lot and so is social media. And so, being that these apps are geo local, it just worked really well to becoming like the warehouse girl on the internet and in Denver and then getting referring business that way.” – Aviva Sonenreich

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How do you get out of your comfort zone and get more social media engagement? In this episode of Weiss Advice, we welcome Reid Bennett, CCIM, Reid serves as the National Council Chair of Multifamily Properties for SVN International. As a licensed managing broker for over 20 years, he focuses primarily on the sale of apartment communities across the Midwest and also teams up with members of his council to serve clients across the country in over 150 markets. He prides himself on understanding the nuances and analysis of multifamily assets including market rate and low-income communities

Tune in to this episode as Reid provides his insight on how to get more engagement on LinkedIn and why it’s important to get out of your comfort zone!

[00:01 - 01:27] Opening Segment

• We welcome, Reid Bennett!
• Reid serves as the National Council Chair of Multifamily Properties for SVN International

[01:28 - 23:32] Utilizing Cost Segregation In Multifamily Properties

• He ventured over to Twitter 6 months ago and has seen great engagement
• Networking events are important for building trust and partnerships
• Real estate professionals should be posting more content
• Social media is powerful if used correctly
• Yonah's LinkedIn challenges to encourage people to get out of their comfort zones

[23:33 - 29:12] THE FINAL FOUR

• What's the worst job that you ever had?
  • Digging trenches around barns
• What's a book you've read that has given you a paradigm shift?
  • “Rich Dad Poor Dad” By Robert Kiyosaki
• What is a skill or talent that you would like to learn?
  • Learn to speak Italian
• What does success mean to you?
  • Reid says, “Success means to me to have the time to do whatever you want. “

Connect with Reid Bennett: 

LinkedIn: Reid Bennett, CCIM

Twitter: @ReidBennettCCIM 

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“When you actually have people that are focused in the commercial real estate industry, commenting, connecting, and helping. It really is a rocket fuel for social media.” – Reid Bennett

“The interesting thing about real estate is depending on when you get involved within this industry, you have a different view on the business.” – Reid Bennett

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How do you create an ideal investment strategy? In this episode of Weiss Advice, we welcome Sujata Shyam, Suja is a seasoned commercial real estate investor with over 12 years of experience across multiple asset classes. Her passion for living her “life by design” and empowering other investors to do the same. This pursuit was the catalyst for the founding of Luxe Capital – a private real estate investment firm that helps busy professionals grow and protect their wealth so they can get off the stock market roller-coaster, gain financial peace of mind, and live life on their own terms.

Tune in to this episode as Suja shares how to create an ideal investment strategy through recession-resilient asset classes such as short-term rentals, self-storage, multifamily, mobile home parks, and RV parks!

[00:01 - 01:43] Opening Segment

• We welcome, Sujata Shyam!
• Suja is the founder of Luxe Capital
• Her first start in real estate is by flipping a house with a friend, using student loans

[01:44 - 19:49] Exploring The World Of Real Estate Syndication

• How she became an entrepreneur and started her own syndication
• The possibilities when communities come together to be creative and live well
• Creating her own destiny
• Learning about passive income while traveling
• Listening to real estate podcasts and learning about syndications

[19:50 - 31:52] THE FINAL FOUR

• What's the worst job that you ever had?
  • Underwriting
• What's a book you've read that has given you a paradigm shift?
  • “The Soul of Money” by Lynne Twist
• What is a skill or talent that you would like to learn?
  • Learn how to sing
• What does success mean to you?
  • Suja says, “Feeling joy and purpose in your life.“

Connect with Sujata Shyam: 

Website: Luxe Capital

LinkedIn: Sujata Shyam

Instagram: @seekingsuja

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“My travels really helped me and the way it connects to my real estate is that when I realized that I just didn't want to go back to an office job. So, I needed to kind of create my own destiny.” – Sujata Shyam

“For some people, we just don't really fit in an office environment and I really never thrived in that environment.” – Sujata Shyam

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What are the strategies and challenges of investing in real estate development? In this episode of Weiss Advice, we welcome John Blatchford, John talks about his journey in real estate. He dives into the strategies and challenges of investing in real estate development, from getting permits and loans to dealing with structural problems.

Tune in to this episode as John shares how to bring more people to neighborhoods through commercial spaces!

[00:01 - 03:02] Opening Segment

• We welcome, John Blatchford!
• John is from upstate New York and has an engineering degree and MBA
• He is the founder of Kunst Apartments and focuses on redevelopments projects

[03:03 - 23:27] Revitalizing Historic Neighborhoods

• Using tax incentives, opportunity zones, and historic tax credits
• Timing of construction is a key consideration when applying for permits and loans
• Developed skills in real estate, tax credits, and preservation through trial by fire
• Qualified capital gains can be invested without paying tax at the time of investing
• Government intervention is better than punitive rules when it comes to historic buildings
• The structural issues when replacing foundations and rebuilding masonry walls

[23:28 - 28:33] THE FINAL FOUR

• What's the worst job that you ever had?
  • Worked at Yard House
• What's a book you've read that has given you a paradigm shift?
  • “How To Win Friends & Influence People” by Dale Carnegie
• What is a skill or talent that you would like to learn?
  • Learn to play the piano
• What does success mean to you?
  • John says, “Being able to provide things to the people you love and ensure no financial pain.”

Connect with John Blatchford: 

LinkedIn: John Blatchford

Twitter: @JohnJBlatchford

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“People don't think they're wrong. Everyone thinks they're doing a good job; everyone thinks they should be making more money. Just be kind to people and just try to work within their psychology, and blame and anger and all that, it's not effective.” – John Blatchford

“There's a value in preserving our historic buildings and our culture and all that. As Americans, we do need to preserve some, although we are capitalists and want to always kind of be improving.” – John Blatchford

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How can you achieve financial freedom through real estate investing? In this episode of Weiss Advice, we welcome Melvin & Jacqueline Landry, Melvin & Jacqueline are the founders of More-Land Equity Capital. They have a sizable real estate professional with a single-family portfolio in Pittsburgh, Pennsylvania.

Tune in to this episode as they shares their tips on achieving financial freedom through real estate investing!

[00:01 - 01:50] Opening Segment

• We welcome, Melvin & Jacqueline Landry!
• Melvin & Jacqueline Landry are the founders of More-Land Equity Capital

[01:51 - 21:24] Maximize Cash Flow

• Investing in single-family and duplexes
• Leveraged 401Ks to move money into self-directed IRA
• Acquiring land and developing real estate
• Creating affordable housing

[21:25 - 33:37] THE FINAL FOUR

• What's the worst job that you ever had?
  • Melvin: Procurement role
  • Jacqueline: Liaison officer
• What's a book you've read that has given you a paradigm shift?
  • Melvin: “You Owe You” by Dr. Eric Thomas
  • Jacqueline: “Words That Matter”
• What is a skill or talent that you would like to learn?
  • Melvin: Learn how to swim
  • Jacqueline: Communicate better
• What does success mean to you?
  • Melvin says, “You're responsible for your own success.“
  • Jacqueline says, “Financial freedom number and spending time with family.”

Connect with Melvin & Jacqueline Landry: 

LinkedIn: Melvin Landry

LinkedIn: Jacqueline Landry

LinkedIn: Moreland Equity Capital

Facebook: Moreland Equity Capital

Facebook: Melvin Landry

Facebook: Jacqueline Landry

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

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None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“Moved into the self-directed IRA and was able to passively invest in deals, to one, get diversified and two, put our dollars to work for us, which is key” – Melvin Landry

“Even though it's real estate, single-family and multi-family are very different when it comes to what you look at and how you purchase it.” – Jacqueline Landry

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What drives your desire to produce income? In this episode of Weiss Advice, we welcome Lauren Rothlisberger, Lauren is driven by a desire to produce income that will stand as the foundation of their transition out of military life, Lauren turned to commercial real estate. She learned about the competitive edge of automation and value-ad in the self-storage business, as well as the range of software tools that can be used to manage gate access, pricing, rental agreements, and payments in a contactless manner.

Tune in to this episode as Lauren provides tips and tricks necessary for a successful transition into self-storage and real estate!

[00:01 - 01:33] Opening Segment

• We welcome, Lauren Rothlisberger!
• Lauren transitioned from single-family homes to commercial properties  

[01:34 - 23:02] Exploring The Self-Storage Business And Remote Management

• The advantages and disadvantages of having a local property
• Mom-and-pop, self-storage facilities versus larger organizations
• Using software to automate gate access, rental agreements, and payments
• Having boots-on-the-ground personnel to do maintenance, repairs, and ground clean up
• Transitioned investments into commercial properties

[23:03 - 30:51] THE FINAL FOUR

• What's the worst job that you ever had?
  • Working as a defense contractor
• What's a book you've read that has given you a paradigm shift?
  • “The 4-Hour Workweek” By Tim Ferris
• What is a skill or talent that you would like to learn?
  • To be a fast reader
• What does success mean to you?
  • Lauren Rothlisberger says, “Success to me means that I still have control of my time to spend with my family.”

Connect with Lauren Rothlisberger: 

LinkedIn: Lauren Rothlisberger
Twitter: @lcrothlisberger 

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

Youtube

Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“I have found that despite all of these many amazing management tools that we can do, where it can be just totally seamless and contactless, people still like to pick up the phone and talk to someone.” – Lauren Rothlisberger

“I am not as comfortable as some people are able to get themselves with purchasing in an area that I'm not very familiar with.” – Lauren Rothlisberger

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How can we use technology to our advantage in real estate? In this episode of Weiss Advice, we welcome Sydney Phillips, Sydney is a serial entrepreneur, inventor, and philanthropist on a mission to push humanity forward and live interestingly. She is the Co-Founder & CEO of Zuke AR, the leading augmented and virtual reality platform for the building industry, an eccentric futurist, and an amateur race car driver.

Zuke is a visualization tool that helps to put you at the forefront of your industry, elevating you through each step of your project from start to finish. 

Tune in to this episode as Sydney shares how she utilizes technology in commercial real estate!

[00:01 - 01:44] Opening Segment

• We welcome, Sydney Phillips!
• Sydney is the Co-Founder & CEO of Zuke AR

[01:45 - 25:35] Visualizing The Changes In Real Estate

• Zuke helps visualize unbuilt environments for the city council, investors, banks, tenants, etc.
• Zuke creates virtual tools to show potential tenants what it will look like when finished
• Retail is the sector where Proptech sees the most acceleration of adoption
• Women in the Metaverse is a group connecting with women building platforms within the Metaverse
• Venture capital is helpful for first-time founders to get their first exit

[25:36 - 31:49] THE FINAL FOUR

• What's the worst job that you ever had?’
  • Worked as an intern at an investment company
• What's a book you've read that has given you a paradigm shift?
  • “The Hard Thing About Hard Things” by Ben Horowitz
• What is a skill or talent that you would like to learn?
  • Writing her own patents
• What does success mean to you?
  • Sydney Phillips says, “It's freedom of time, freedom of wealth. It's having enough to be able to do whatever you want whenever you wake up.”

Connect with Sydney Phillips: 

LinkedIn: Sydney Phillips

Instagram: @realsydneyphillips

LEAVE A 5-STAR REVIEW by clicking this link.

WHERE CAN I LEARN MORE?

Be sure to follow me on the below platforms:

Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.

LinkedIn

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Exclusive Facebook Group

www.yonahweiss.com

None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.

Tweetable Quotes:

“There's no lack of entrepreneurial spirit, but there is a lack of infrastructure.” – Sydney Phillips

“The next cool kid that's going to get a major revamping is going to be office, just because I've seen the way that they treat their office space of a hybrid, which seems to work for most people.” – Sydney Phillips

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