Wealth Wisdom: Expert Advice from Real Estate Trailblazer Irwin Boris - EP365

👨‍💼With Special Guest: Irwin Boris This episode of the Icons of Real Estate podcast, hosted by Timothy Kaitana, features a guest appearance by real estate professional Irwin Boris from Heritage Capital Group. Boris shares invaluable insights from his career, focusing on the transition from accounting to real estate, the significance of understanding cash flow over internal rate of return, and the pitfalls of multifamily investments. He emphasizes the importance of due diligence, the mistakes of aggressive underwriting, and offers a sponsor due diligence checklist for potential investors. Boris also discusses strategies for navigating current market conditions, the implications of interest rate risks, and the advantage of focusing on cash flow in investments. Moreover, he underlines the importance of continuous education in the evolving landscape of real estate investment, cautioning against hasty decisions and highlighting the value of diversification. The conversation aims to equip listeners with the knowledge to make informed investment decisions and avoid common pitfalls in real estate investment. #IconsOfRealEstate#IconsOfRealEstatePodcast#JoinTheIconsMovement 🗣️Notable Quotes: "Don't toss a coin and say I'm going to sponsor A or sponsor B or property A or property B. do a lot of research" 📇Connecting with Irwin Boris: Facebook: https://www.facebook.com/profile.php?... Website: https://heritagegroupcapital.com/in-t... 🎙️Connecting with ✨ Icons of Real Estate YouTube:    / @iconsofrealestate   Facebook:   / iconsofrealestate   Instagram:   / iconsofrealestate   Website: https://iconsofrealestate.com/