We are excited to share an exclusive interview with J Scott from our 2022 Fast FIRE to Freedom Summit, which was held in August 2022.

J has a wealth of real estate experience and is the author of several books, including Recession-Proof Real Estate Investing and The Book on Estimating Rehab Costs.

J and his wife started investing in 2008 and flipped over 400 homes between 2008 and 2016. After years of house flipping, he transitioned to investing in large multifamily properties. This move was prompted by his study of economic cycles. He realized that flipping houses or "transactional real estate" as he called it, wasn't a good investment during a downturn. On the other hand, multifamily investing, more specifically, cashflowing multifamily properties is what he found to be a great asset class to be in during a downturn.

This interview is packed with learning pearls and lessons. One of the biggest lessons he learned was not paying attention to taxes early on in his career. One of the benefits for new investors is that you can learn from other people's mistakes! The lesson here is, lower your tax burden as soon as possible so you can grow your money faster with compounding.

As you know, here at Semi-Retired MD, we focus a lot on helping doctors and high-income professionals lower their taxes with cashflowing rentals. If you want to learn more, here are two strategies you can use: Real Estate Professional Status and Short-Term Rental Tax Loophole.

If you're interested in investing in a real estate syndication and you want to be notified about future deals, email us at [email protected]

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