The Nick Huber Show

How almost all real-estate empires were started. The answer? Entrepreneurship. After that, Nick talks about his own portfolio of self-storage and how his investing, operating, and underwriting practices have evolved over time.   Thanks for listening!   Like this episode?   I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick

This episode is about bonus depreciation. It explains that certain assets, such as computers and fuel for cars, can be fully deducted in the year of purchase since their useful life is not more than one year. On the other hand, buildings have a longer useful life, typically 39 years for commercial properties and 27.5 years for residential properties, so their cost is deducted over time. However, there are components of buildings, like sidewalks and HVAC systems, that have shorter useful lives and can be depreciated faster. This is known as accelerated depreciation, and it allows for quicker deductions. The Tax Cuts and Jobs Act of 2017 introduced bonus depreciation, allowing 100% deduction of certain assets regardless of whether they were new or used. This change expanded the applicability of cost segregation studies, which identify and assign tax lives to individual components of a building, enabling taxpayers to benefit from significant deductions. If you think that your property or portfolio is eligible for a retroactive study, please visit https://www.recostseg.com to learn more.   Thanks for listening!   Like this episode?   I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I’m @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick

In this episode of The Nick Huber Show, I'll discuss property management—an essential aspect to consider when venturing into real estate. Many beginners overlook its significance when evaluating property listings, focusing solely on underwriting and minor details. However, property management often involves handling an answering service, overseeing facility check-ins, and more. To begin, I suggest taking on the role of a part-time employee and serving as the answering service, gradually expanding and acquiring knowledge to hire suitable employees. As your real estate portfolio grows, you'll naturally grasp the vital role property management plays. Tune in for today's episode!   Join us on June 7, 2023, for a deep-dive workshop with Shaan Puri. Whether you're a small business owner, tech entrepreneur, manager, or anyone in between, this event is for you. Discover the power of delegation for leveraging and growing your business. Click here to register 👉 https://lu.ma/lptkaxdu   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Special thanks to the sponsors: https://Titanrisk.com - Commercial real estate insurance is our specialty  https://Recostseg.com - Lower your taxes and increase cash flow   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/   Join my Real Estate community here: https://sweatystartup.com/rec   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com

Today’s video is part 2 of my recent discussion with my friend, CPA and business partner Mitchell Baldrige all about real estate taxes.   If you want to see part 1 where we talk about cost segregation, bonus depreciation, real estate professional status, short term rentals, and more, please click here 👉https://youtu.be/3v_hFH9yr68   In part 2, Mitchell and I discuss 1031 exchanges, step-up basis, opportunity zones, tax credits and a whole lot more! I hope that you enjoy. Additionally, if you are watching this video and need a cost segregation study done for your real-estate property or portfolio, please visit recostseg.com and our team will help you out.   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Special thanks to the sponsors: https://Titanrisk.com - Commercial real estate insurance is our specialty    https://Recostseg.com - Lower your taxes and increase cash flow   https://Taxcredithunter.com - Helping businesses claim millions in tax credits    Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/   Join my Real Estate community here: https://sweatystartup.com/rec   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com

In today’s video, Mitchell Baldrige and I discuss the ins and outs of real estate taxes. We talk about cost segregation, bonus depreciation, real estate professional status, short-term rentals, and more.   If you are listening this episode and need a cost segregation study done for your property, please visit recostseg.com and our team will help you out   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Special thanks to the sponsors: https://Titanrisk.com - Commercial real estate insurance is our specialty    https://Recostseg.com - Lower your taxes and increase cash flow   https://Taxcredithunter.com - Helping businesses claim millions in tax credits    Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/   Join my Real Estate community here: https://sweatystartup.com/rec   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com

In this 100th special episode, Nick shares his key guiding principle in life: The Red Button Rule. He explains how he built his business and life in a way that no one person has control over him, ensuring his success and happiness. With inspiring anecdotes and valuable insights, Nick emphasizes the importance of reducing dependence on external factors and cultivating leverage, ultimately enabling you to have a "no-asshole policy" and live life on your own terms.   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec   Special thanks to the sponsors: https://titanrisk.com https://recostseg.com/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com

This episode is a rerun from one of the most downloaded episodes in The Nick Huber Show. I share my strategy on how I find true market rent and generate huge revenue.    ​Join the two leading experts in real estate investing and taxation, Nick Huber and Mitchell Baldridge this May 18th as they delve into the complex world of real estate tax strategies. Reserve your spot here: https://lu.ma/ahdkb6uu FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec   Special thanks to the sponsors: https://junipersquare.com https://recostseg.com/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com

A friend of mine recently asked me a question that is really vital to understand the answer if you are in the Real Estate business. In this episode of the Nick Huber Show, I'm answering that question and what really is the true cost of a paid-off house. Listen to today's episode and find out more!   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec   Special thanks to the sponsors: https://junipersquare.com https://recostseg.com/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com  

Life is going so fast, but I would be lying to you if I didn't tell you that there's a lot of insecurity regarding this stuff. In this episode of the Nick Huber Show, we will discuss how to deal with Impostor Syndrome and overcoming fear.   Find out how to get started in real estate in this episode!   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec   Special thanks to the sponsors: https://junipersquare.com https://recostseg.com/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com

You can buy all the online real estate courses you want, but if you don’t understand a few basic principles first, there’s really no point.   Find out how to get started in real estate in this episode!   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec   Special thanks to the sponsors: https://junipersquare.com https://recostseg.com/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com