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Hosted by Dr. Jason Balara, this podcast aims at helping professionals finding their own purpose in life and create alternatives streams of income in order to reach their maximum potential.
Episodes
Friday Dec 23, 2022
Friday Dec 23, 2022
Erik Oliver is a cost segregation expert and helps saving tax dollars for Real Estate Investors Nationwide. Cost Segregation is used by commercial building owners to increase cash flow by accelerating depreciation. Depending on the type of building, there can be anywhere from 20 to 35% and sometimes more of the depreciable basis that can accelerated, translating into tens of thousands if not hundreds of thousands of dollars in current year tax savings.
Consider the value of having and being able to use those tax dollars today vs. spreading them out over 27.5 or 39 years. Cost Segregation can be used at pretty much anytime during the cycle of building ownership, including new construction, current acquisitions, previous acquisitions going back as much as ten or fifteen years, large improvement projects, following a step in basis from a change of ownership or estate transfer, and sometimes even at disposition to offset some of a capital gain.
Cost Segregation is an engineering-based analysis of a building’s interior, exterior and land improvements in order to identify, measure and quantify assets that are considered personal property or land improvements under the federal tax code. Those assets are then re-classifying in order to accelerate their depreciation.Cost Segregation is used by commercial building owners to increase cash flow by accelerating depreciation. Depending on the type of building, there can be anywhere from 20 to 35% and sometimes more of the depreciable basis that can accelerated, translating into tens of thousands if not hundreds of thousands of dollars in current year tax savings.
Consider the value of having and being able to use those tax dollars today vs. spreading them out over 27.5 or 39 years. Cost Segregation can be used at pretty much anytime during the cycle of building ownership, including new construction, current acquisitions, previous acquisitions going back as much as ten or fifteen years, large improvement projects, following a step in basis from a change of ownership or estate transfer, and sometimes even at disposition to offset some of a capital gain. Cost Segregation is an engineering-based analysis of a building’s interior, exterior and land improvements in order to identify, measure and quantify assets that are considered personal property or land improvements under the federal tax code. Those assets are then re-classifying in order to accelerate their depreciation.
Get in touch with Erik: https://www.linkedin.com/in/erik-oliver-b800657/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Dec 21, 2022
Wednesday Dec 21, 2022
A sought after expert and gifted story teller with a contagious energy he inspires everyone around him with encyclopedic research. He can take complicated ideas and convey them simply and clearly for everyone to understand. Founder of an award winning commercial real estate firm, author of #1 bestselling book (Catching Knives). He has been featured in many publications including The NY Times & Yahoo Finance, host of a Top 100 Business/Investing podcast (Passive Wealth Principles), a frequent speaker, and a highly valued coach. He uses those superpowers to pioneer cutting edge bold design into exciting hotels, infill, and adaptive reuse projects across the country. To date has purchased and sold 1200+ properties in 26 states and amassed a commercial real estate portfolio of iconic properties. He earned a Master’s degree in International Real Estate, sits on the FIU real estate board, is an accredited CNU-city builder, a member of CCIM, Urban Land Institute (ULI) and holds a CA real estate brokers license.
Get in touch: https://www.harris-bay.com/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.
https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Dec 16, 2022
Friday Dec 16, 2022
As a successful investor, Derek Dombeck has surfed the ups and downs of the market since 2003. Derek’s expertise ranges from creative deal structuring, wholesaling, flipping, and land lording, to lending and investing throughout the years. He has been involved in thousands of transactions in his career; and what sets him apart is his love for people and their success.
Get in touch with Derek:
Best REI Funding (Private lending company) https://bestreifunding.com/ Generations of Wealth - https://gowvoyage.com/
Circle of Trust - https://www.reicot.com/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Dec 14, 2022
Wednesday Dec 14, 2022
David Richter is an active real estate investor who has been essential in closing over 850 deals over the last 10 years. He has experience with wholesale, turnkey, BRRRR, owner finance, rentals, lease options, and any other exit strategy you can think of. While growing and building a real estate business from 5 to over 25 deals a month, he realized that as much money was coming in, it was all going right out the door. With the unique opportunity of being in every seat as a real estate investor, he found a calling in the company’s finance seat to help businesses see where their money really went. David has helped real estate companies completely turn around from going out of business to building cash reserves by using the Profit First cash flow system. He has been featured on Biggerpockets, Real Estate Disruptors with Steve Trang, and many other podcasts, shows, and stages. To help even more people, he wrote Profit First for Real Estate Investing - a derivative of the original Profit First by Mike Michalowicz that is tailored specifically to Real Estate Investors. His goal is to completely transform the Real Estate Investing industry by helping real estate investors make and KEEP more money in their businesses. As the founder and owner of SimpleCFO Solutions, he wants to bring investors true financial clarity and freedom and help every investor stop living deal to deal.
Get in touch with David: www.simplecfo.com
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Dec 09, 2022
Friday Dec 09, 2022
Today’s guest, Chris Larsen is the founder and Principal of Next-Level Income. Chris has been investing in and managing real estate for over 20 years. While still a college student, he bought his first rental property at age 21. From there, Chris expanded into development, private-lending, buying distressed debt as well as commercial offices, and ultimately syndicating commercial properties. He began syndicating deals in 2016 and has been actively involved in over $1B of real estate acquisitions. Chris is passionate about helping investors become financially independent.
Get in touch with Chris: www.NextLevelIncome.com
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Dec 07, 2022
Wednesday Dec 07, 2022
Blake Anthony Carter is a passionate and genuine human being but also a successful real estate professional. Blake is the co-founder of CRIBS. A full service, turnkey company for short term rental & co-living investors. They help their clients find, purchase, renovate, design and manage properties all in house. In addition, he is the co-founder of a non profit organization called ServeInspire, which serves the homeless community in his hometown of Austin, Texas. This was inspired by his childhood experience of being deemed homeless by the city after his families life was turned upside down from the 2008 financial crisis. Due to this Blake has been awarded a presidential service award for his volunteer efforts. In his professional life he has flipped properties, syndicated multifamily, completed over 50 rehabs and is the go to guy for all things short term rentals in the city of Austin.
Get in touch with Anthony: www.cribsconsulting.com
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Dec 02, 2022
Friday Dec 02, 2022
Brandon Turner is the founder and managing member of Open Door Capital, best selling real estate author with over 1 million copies sold, and past host of the BiggerPockets podcast with over 100 million downloads. Over the past decade, Brandon has established a strong track record investing in multifamily, including apartments and mobile home park assets. Open Door Capital currently has over $650 million in assets under management and has 1,200 investors.
Get to know more about Open Door Capital: www.odcfund.com
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
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Wednesday Nov 30, 2022
Wednesday Nov 30, 2022
Lucas lives in Austin, TX. His story includes graduating with a social work degree, working as a counselor with homeless youth, backpacking/volunteering in Central & South America for 1.5years and a half decade as a Director of Marketing in the healthcare industry. He eventually realized he could mix his two passions, helping people and traveling. June of 2021, Lucas left his W2 to launch a Vacation Rental Management Company (Five Star Vacation Home Rentals). Lucas is now able to help provide 5-star experiences and memories to travelers and families at 20 within Central Texas. Lucas is a leader in the short-term rental industry and loves mentoring and helping others on the path of financial freedom through real estate and vacation rentals. He is a competitor, competing nationally in a number of fitness comps. He is an adventurer, always looking for the next bucklist adventure. And most importantly, he is a family man.
Get to know more about Lucas:
IG: @fivestarvhr
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license.
https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Powered by www.podcastproducer.com
Friday Nov 25, 2022
Friday Nov 25, 2022
Flint Jamison spent 20 years in aerospace as an engineer and program manager. He is now finding a path to early retirement through commercial real estate investments. Flint moved quickly from his initial duplex and pivoted into syndications, where he does multifamily, fund management, and build-to-rent. Flint started his real estate endeavor with a duplex that he rehabbed in 2018. From there, he quickly pivoted to multifamily syndications, and is now moving into Build-to-Rent new development. Flint’s portfolio is currently around 1500 units
Get in touch with
Website: https://vestuscapital.com/
LinkedIn: https://www.linkedin.com/in/flintjamison/
Facebook: https://www.facebook.com/vestuscapital
IG: https://www.instagram.com/vestuscapital/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Nov 23, 2022
Wednesday Nov 23, 2022
Kevin Bupp is a Florida-based Real Estate Investor, Top iTunes podcast host and best selling author with over $250 million of real estate transactions. His extensive investment experience spans the gamut of apartment buildings, single-family portfolios, medical office, self storage, assisted living and his three favorites and by far the most profitable, Mobile Home Parks, Parking Lots, and Build-To Rent Communities . Kevin holds the keys to successful real estate investment.
Get in touch with Kevin:
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/