Accelerated Real Estate Investor

No matter what your portfolio looks like, there’s a very good chance that you’re unaware of all the ways you can save money and legally slash your taxes.  So, how do you legally reduce your tax liability?  To answer that question, today’s guest is Toby Mathis. Toby is a founding partner at Andersen Advisors, where he’s been a tax attorney for over 25 years. He’s helped over 100,000 clients prepare better tax returns, and he has a deep understanding of how to become wealthy and legally slash your taxes so you can keep your wealth. In our conversation, we dig into several tips and strategies to reduce your taxes. We talk about the three types of income (and how to make more money in each), how to set up a nonprofit that pays rent to your real estate portfolio, and the three specific traits everyone needs to have to become an elite entrepreneur. The Forever Passive Income Live Virtual Event The next FPI Live Virtual Event is coming up on May 19-21, 2023 where I’ll be sharing the step-by-step blueprint on how we raised tens of millions in capital and acquired over 4,300 units. Buy your FPI tickets today by visiting ForeverPassiveIncome.com  Key Takeaways with Toby Mathis Why Toby is excited about investment opportunities to empower debt-burdened and rent-burdened Americans in tough housing markets. How affordable housing investments can be run as 501(c)(3)s, collect state money, improve people’s lives, and create 100% write offs. The best ways to shelter, slash, and save multiple income streams from tax. Why it’s all but impossible to get rich creating short-term active income.  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/358 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

With multi-family investment prices down as much as 7% in the last year, even in markets with expected growth and stable rents, you may be asking yourself, “What can I do to de-risk my deals?”  We’re navigating a looming recession, economic conflict with China, and nonstop inflation, and the last thing you need right now is to have to refinance or sell at a loss.  Today’s episode is all about how to prevent that worst-case scenario. I’m excited to share with you nine things we’ve done (or learned the hard way) through our deals that have made a tremendous difference when it comes to our performance in tough economic times. I’ll show you how you can use these strategies with your own investments to de-risk your deals and portfolio. The Forever Passive Income Live Virtual Event The next FPI Live Virtual Event is coming up on May 19-21, 2023 where I’ll be sharing the step-by-step blueprint on how we raised tens of millions in capital and acquired over 4,300 units. Buy your FPI tickets today by visiting ForeverPassiveIncome.com  Key Takeaways Why it’s so important to invest for the long term–and why I won’t do any deal unless we can get long-term, fixed-rate financing.  How knocking out CapEx in months instead of years protects you from dropping property values.  The power of having secret shopper asset managers on the ground. Why you need to review your financials every month, without exception, to be a good operator (and share this information with your partners, good or bad). The benefit of underwriting deals at 70-75% occupancy to account for cash bleed. The value of long-term vendor relationships. Why you should keep your investments in one or two submarkets–or very close to home.  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/357 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

What does it take to purchase $1.1 billion in real estate? I’m glad you asked because today’s guest has not only done it, but he’s teaching other MDs how they can do it too. I’m thrilled to welcome Pranay Parikh to the podcast. Pranay is a hugely successful doctor, podcaster, and course creator who’s created tons of opportunities in passive investing for others, with a focus on helping doctors become entrepreneurs in real estate. When Pranay graduated from med school, he had a solid salary, which came with a ton of debt. Instead of playing the stock market, he paid off his loans, did his first syndication, and fell in love with multifamily investing.  In today’s conversation, Pranay and I get into how he’s looking at multifamily in the wake of a frozen market and the plays investors can make to take advantage of opportunities as we approach a potential recession. We’ll also talk about what investors need to know to de-risk their businesses and how busy medical professionals can add real estate investing to their portfolios! The Forever Passive Income Live Virtual Event The next FPI Live Virtual Event is coming up on May 19-21, 2023 where I’ll be sharing the step-by-step blueprint on how we raised tens of millions in capital and acquired over 4,300 units. Buy your FPI tickets today by visiting ForeverPassiveIncome.com  Key Takeaways with Josh Cantwell The ins and outs of loan assumptions, which ones are good and which ones aren’t. How to actively do passive real estate–and make sure you have passive returns. Why Pranay created a course and how it has boosted his credibility. What it takes to buy $1.1 billion in real estate–and how he’s helped hundreds of physicians invest in multifamily through his deal flow. Steps you can take right now to de-risk your business. 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/356 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

In today’s episode, I wanted to present a case study on successfully forcing capital improvements and increasing rents to generate real appreciation in your properties in 12 months. Now, there’s one thing that you have to prepare for on a project like this: an increase in vacancies. And short-term vacancy means you’re bringing in less income. But this is a short-term pain for long-term gain approach.  In this case study, I’ll show you how our 10-step process helped us turn over 140 units in less than a year, adding $6 million in real appreciation while keeping our investors happy with their quarterly payments. The Forever Passive Income Live Virtual Event The next FPI Live Virtual Event is coming up on May 19-21, 2023 where I’ll be sharing the step-by-step blueprint on how we raised tens of millions in capital and acquired over 4,300 units. Buy your FPI tickets today by visiting ForeverPassiveIncome.com  Key Takeaways with Josh Cantwell How we spent $2 million and turned 145 out of 296 units in 12 months. How these improvements created $6 million in real appreciation. The full 10-step process to complete the capital improvements efficiently. Things to be aware of like the increase in vacancy rates and how to keep payments flowing to your investors. 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/355 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

No one has ever said passive investing was easy. You can’t write checks and expect the money to come pouring in without putting in the work, and you can’t make things happen without a solid foundation and strategy. I’m thrilled to share this conversation with today’s guest, Michael Roeder. Michael is the co-founder of Granite Towers Equity Group. He and his partner Dan have done 25 large multifamily acquisitions with thousands of units in markets including New Mexico, Texas, Florida, Minnesota, Alabama, and Arkansas. In his newest book, 4 Steps to Successful Passive Investing, he walks us through the proven process that has helped him succeed. In today’s podcast, he shares how he scaled his investing from two small deals to a number of very big ones (and the lessons he learned along the way), how to get ahead as a general partner or passive investor, and the opportunities we may see in possible distressed markets to come.  Key Takeaways with Michael Roeder Why Mike and Dan are so focused on B and C-class multifamily projects. How our school system fails to teach kids about financial markets and investing. Five strategies to de-risk your business. Mike and Dan’s four steps to successful passive investing. Why you need to pay more for better talent. Why you should start investing in your backyard, but jump into growth markets soon after.  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/354 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

If you’ve watched successful entrepreneurs, founders, or investors on YouTube, TED Talks, or social media, you’ve likely heard one piece of advice a million times: follow your passion. People who’ve “made it” love to tell those who haven’t that all they need to do is follow their passion, and the pieces will fall into place.  Not only do I think it’s terrible advice, I think it’s a total crock if I’m being honest.  So today, I wanted to share a very candid solocast about why my career hasn’t just been about “following my passion.” I’ll also share what I think is a much more valuable piece of advice–and one that can help you find true happiness and joy in whatever you do as you achieve greater success. Key Takeaways with Josh Cantwell Why it’s so much more important to find out what you’re good at than to follow your passion. Why using our superpowers makes us happier and helps us find joy in our work. The difference between joy and happiness.  The importance of being able to say “I’m not good at that”–and the value of having great people around you to help fill in those gaps. 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/353 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

In the wake of our changing market, inflation, and rising interest rates, some operators are hurting. At the same time, there are many investors who couldn’t be more excited about the future. Even in tough economic times, with the right investments, your portfolio can not only weather the storm, but grow–and today’s guest is living proof. Rob Beardsley is a founder and executive at Lone Star Capital. Focused on workforce housing in Dallas and Houston, he’s done acquisitions of over 2,500 units. In his new book, Structuring and Raising Debt & Equity for Real Estate, he walks readers through various types of lenders, equity investors, and deal structures to create better investments and how to attract debt and equity partners.  In our conversation, Rob and I get into what he’s done to protect his investments over the last year, important strategies that every operator needs to be thinking about right now (including how to spend your cash on hand), and what you need to know before you do your first syndication or joint venture with institutional capital at any level.  Key Takeaways with Rob Beardsley The importance of reading the fine print when doing debt deals. The four types of investors–and the one Rob likes to work with most. What you need to know before you underwrite your first deal. When is the best time to renovate, and when is the worst time to do it. How needing to sell or refi at the wrong time can do damage to your reputation–and how to de-risk your investments at every stage. 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/352 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

One of the things that I’m most proud of is how we’re doing with deep value-add for our properties. And today, I want to walk you through what we’ve done since purchasing the property at 296 Triskett. As a refresher, this is a 296-unit, all-garden-style complex in the Lakewood submarket of Cleveland. Over the course of eight months, we invested $2 million in the property and scaled with massive success. We managed to avoid labor issues, we didn’t get clobbered by supply chain shortages, and we were able to increase rent by over $300 in over 140 units.  Today’s episode will be a bit of a case study on how we did it. You’ll learn how we financed the deal and our CapEx, how we managed our construction budget so effectively, avoided the typical snags and obstacles, and created massive value along the way. Key Takeaways Why we bought a 296-unit building with over 43 unoccupied units, low rents, pests, unhappy tenants, and an unsafe parking lot–and how we solved all of these problems.  How the deal required us to get our CapEx done within two years–and how we spent our money to reduce our long-term overhead. Why delivering a quality tenant experience makes it so much easier to bump rents and increase profits. How due diligence, good oversight, great vendors, reliable crews, and good data give you the power to massively scale your CapEx. 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/351 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

One of the best ways to grow your network, find investors and make deals is networking. And today’s guest has mastered the art of putting on a great networking event. Nick Gray is the bestselling author of The 2-Hour Cocktail Party: How to Build Big Relationships with Small Gatherings. I’m a big believer in face-to-face events to help grow brands, recruit partners, and find deals, and Nick’s unique strategy makes these events even more powerful and productive. In our conversation, Nick and I dig deep into how to host a successful networking event and how to market a great party that connects you to private capital. You’ll discover how to bring the party to you instead of going to a boring party, why saying “no sales” makes it so much easier to sell to great people, and the beauty of sitting back, listening, and asking questions.  Key Takeaways with Nick Gray Nick’s proven formula for becoming super connected in any city–even if you’ve just moved there. How to raise $2 million from two-hour cocktail parties (and why you don’t want to only invite real estate people). Why so many networking functions are boring and unproductive. How to be seen as a super-connector and an expert. How the NICK method for 2-hour cocktail parties gets people excited, organically inspires conversation, and can boost your career–whatever it is.  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/350 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

Tax time is right around the corner. Whether you’re an entrepreneur, a high earner or a hobbyist investor, there are opportunities to save some money on your tax bill. Especially with some of the updates to the tax code that were introduced in recent years. Here to walk you through how to do it is my friend Erik Oliver. He's a cost segregation expert at the Cost Segregation Authority, where he digs into tax codes and how to make them work for you. In today’s episode, we dive into the major tax changes signed into law during the Trump administration, how to make the most of depreciation regardless of your investing style, and how Erik used these strategies himself to turn a $50,000 tax bill into a $140,000 deduction–and add a new property to his portfolio along the way! Key Takeaways with Erik Oliver Why W-2 earners are investing in short-term rentals to offset their income. How cost segregation can save clients tens of thousands of dollars in taxes for both residential and commercial investors. How bonus depreciation works and the different ways you can use it in your business. How Erik conquered his fears and dove headfirst into real estate after getting burned on his first rental property. The difference between a tax advisor and a tax preparer–and why you want the former, not the latter.  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/349 Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube 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 the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com