Accelerated Real Estate Investor

Dave Foster is the Founder of The 1031 Investor — an online resource that’s helped thousands of investors buy more real estate and avoid paying taxes on the profits, by leveraging the tax deferral strategy known as the 1031 exchange.  Rolling your gains into another real estate investment can be intimidating at first, but when you understand the rules and regulations, this under-utilized tax provision creates ultimate buying power and keeps your money working for YOU, instead of landing in Uncle Sam’s pocket!  In our conversation, you’ll learn all about this unique investing technique and how you can use it to build generational wealth, without ever having to pay a dime in capital gains tax.  Not only does Dave share a ton of wisdom to help you navigate and understand the rules and regulations, but you’ll hear a step-by-step walkthrough outlining how the 1031 exchange strategy would apply to my $20 million real estate deal.  If you’re interested in maximizing your reinvestment capacity by leveraging this tax deferral strategy, don’t miss today’s episode with Dave Foster! Key Takeaways on the 1031 Exchange What is a 1031 exchange and how can you use it to sell investment property, without paying capital gains tax? Dave reviews my $20 million deal and explains exactly how I could leverage the 1031 exchange. Is it possible to do a partial exchange? The power of refinancing as a real estate investor. How to transition from active to passive operator, while still being able to shelter your tax! How to create generational wealth using The 4 D’s of 1031 Investing - Defer, Defer, Defer…. Die! How does a 1031 exchange work when it comes to real estate syndications? Understanding both the risks and rewards of 1031 exchange investing. Why Dave doesn’t believe the Biden administration will eliminate or limit this highly effective tax planning technique. Dave shares his secret to finding real estate investing hot spots! Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/208 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

In this episode, I’m sharing a case study for one of our most recent properties, “54 Niles” — a 54 unit apartment building that we bought off-market for $2.43M, and could now sell for over $4M in less than a year! The seller originally bought the building for $1.2M in July 2020 and only 6 months later, our commercial broker brought it to us with an asking price of $3M. Find out how we negotiated a better deal, raised rents to increase value, hired a property management firm to fill vacant units, mitigated risk, and created multiple exit strategies. If you want to get a behind-the-scenes look at our proven business model for creating million-dollar deals in real estate, you won't want to miss this video walk-through! Key Takeaways How one deal can literally change your life. The 5-step business model we use to create million dollar deals in real estate. The 10 pillars of risk mitigation when buying property. How we negotiated the seller down from $3M to $2.43 with a contract provision to improve 34 vacant units. How we leveraged a 3rd party property management company to fill all vacancies — and the fee we agreed to pay them. The scary moment when the building's occupancy dropped from 20 to 15 units. Raising rents, refinancing, and paying off the existing loan. Having the guts (and the business plan) to buy a building that’s only 40% occupied. The importance of building multiple exit strategies into your deal — and how this deal could make us over $1M in less than a year. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/207 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

Today, I’m speaking with Chris Grenzig. Chris began his real estate investing journey in 2016 by attempting to flip houses on Long Island NY, but ultimately failed to flip a single property despite spending tens of thousands of dollars and several months trying. Instead of giving up, he shifted his focus to multifamily real estate and started by investing passively in an 8-unit property, then joint venturing on another 100 units worth over $4.5M. Chris’s experience landed him a job with Toro Real Estate Partners, which gave him an opportunity to learn from experienced investors. Over the course of 4 years, he became responsible for overseeing all of their Florida portfolio which consisted of 7 properties, totaling roughly 1,000 units worth $70M. In 2020, Chris’s persistence in the real estate investing game finally paid off as he ventured out on his own and founded JAG Communities — a vertically integrated multifamily investment firm that specializes in creating an exceptional living experience for residents. In this conversation, Chris walks us through his journey, from failing to flip houses to quitting his job and making a way in multifamily real estate. You’ll also hear us dissect his first two deals, including a 16 unit and 24 unit property, along with his 10 year plan for reaching $500 AUM! Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/206 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com Get The Flip System Book! To get access to a free copy of The Flip System, visit getflipsystem.com/podcast

I get a lot of questions about what it’s like to run a large multifamily business — especially when it involves capital improvements, property management, acquisitions, raising capital, and more! As a way to bridge the gap and to show you what’s involved, I thought it may be helpful to create a semi-regular real estate report that outlines the various projects we’re working on, from our smallest properties, to our largest ones. In these short updates, I pull back the curtain and reveal the good, the bad, and the ugly of our multifamily operations. The goal of these reports is to give fellow (and aspiring) real estate investors a sense for what’s involved at each level of a project. To get access to the full notes for this episode, including a complete multifamily real estate breakdown for June 2021, visit https://acceleratedinvestorpodcast.com/205

There’s A LOT that goes into a multi-family deal from concept to close — which is why so many real estate investors decide to work with a general contractor. But be warned, not all general contractors are created equal, and choosing the right one can be the difference between your project going good or bad. So, how do you find a reliable team that will get the job done properly? That’s what today’s discussion with Ira Singer is all about! Ira is principal of Mosaic Construction — a full service design-build firm specializing in commercial and multifamily renovation. For more than 25 years, Ira has worked with multifamily investors and owners across the US to add value or reposition their properties. As a self-proclaimed “project junkie”, Ira’s responsible for leading new business development, construction, production and the management of trade partner and vendor relationships. In our conversation, you’ll learn about the role and responsibilities of a general contractor — and the major benefits to working with one. We dig into the best fee structure to use, major mistakes to avoid with subcontractors, and why relationships are the key to succeeding in the real estate industry. Whether you’re looking to do value-add improvements to your apartment buildings, mobile home parks, and self-storage units OR you’re planning a new build, you won’t want to miss my interview with Ira Singer!

What would you do if your life was completely overturned? Would you be prepared for it? Today I talk with Jeff Holst about when his life was in complete disarray, and how investing in real estate got him back on track AND bought back some time.

The management structure you set up for your multifamily properties can be the difference between handling all the day-to-day issues of property management or really focusing on finding more deals and capital investments. Today I talk you through several of the differences between in-house management and third-party management. You can examine them and decide if hiring a third-party management company might be right for you.

Smaller multifamily deals can be a great starting point to invest in real estate, as well as a great side-hustle. Today Ed Lowell talks about his great success investing in smaller, multifamily real estate on the side of his regular 9 to 5 job.

These are truly unusual times in the real estate investing world. The available inventory to invest in is at an all-time low. Today I talk about one specific property that we decided to sell. I cover how we invested, flipped, and sold this property for a great profit.

Do you want to look into multi-family real estate investing but aren’t sure if it’s the right time? Do you have a few multi-family investments but want to scale up? Today Gino Barbaro shares his tips that took him from being a pizza guy to being a successful multi-family real estate investor.