84: Must-Have Resources to Kickstart Your Passive RE Journey This Summer

Over the years, real estate investors had a problem–the lack of transparency, control, and specialized expertise with their traditional insurance. This frustrates many investors as insurance is one of their most significant expenses, but they don’t have the power to create it depending on their needs. This is where Obie Insurance is created. With their help, investors can now have customized insurance packages, giving them more transparency and control over their insurance costs and policies.

In today’s episode, our guest is Aaron Letzeiser, Co-founder of Obie Insurance, a company that provides instant online quotes and customizable insurance packages specifically designed for real estate investors. Frustrated with the lack of control and transparency with insurance costs as a real estate investor, they founded Obie Insurance together with his brother. Join us to learn how Obie Insurance can help you be successful in your real estate journey!

The discussion covers topics such as real estate insurance, changes in the insurance industry and their impact, tips for real estate investors to optimize their insurance coverage, current trends in the insurance market, and more.
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WHAT TO LISTEN FOR
3:10 Aaron’s Real Estate Journey
6:57 Obie Insurance
12:28 Service Offered
17:29 Tips and Tricks In Customizing Insurance Package
22:25 Trends in Real Estate
27:46 Pricing Retreat Prediction


RESOURCES/LINKS MENTIONED
https://www.obieinsurance.com/

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Learning about finances isn't just about managing budgets; it's about finding a meaningful life. By understanding money rules and matching them with your values, you can build a life full of purpose and satisfaction. Money is not the goal but a way to live a life that fits who you are.

In this episode, Tim and Paul and their guest, Damion Lupo, the CEO of FrameTec, discuss the importance of financial education and finding purpose beyond wealth accumulation. They suggest taking responsibility for one's financial future, narrowing focus for success, and fostering a supportive community.
The discussion covers topics such as debt versus savings, formal education versus self-learning, and crafting a fulfilling life beyond the confines of a traditional 9-5 workday.

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WHAT TO LISTEN FOR
2:41 Real Estate Investment
7:27 Financial Education
17:03 EQRP Plan
33:23 FrameTec Company

RESOURCES/LINKS MENTIONED
Rich Dad Poor Dad by Robert Kiyosaki
The ONE Thing by Gary Keller
FrameTec

Website: https://www.frametec.com/

• Twitter - https://twitter.com/damionlupo
• Facebook - https://www.facebook.com/damionlupo
• LinkedIn - https://www.linkedin.com/in/damionlupo/
• YouTube - https://www.youtube.com/channel/UC6qIIkh9nXpzeqF0TofSFGA - Damion Lupo

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Managing your taxes is boring, but you need to do it no matter what. Learning from experts how to avoid mistakes and make the best decisions as much as possible can save you a lot of time and get to the success you want. And that’s why the Tax Webinar is here for you!
 
In this webinar, Tim, Greg, and Paul are joined by their special guest from Hall CPA PLLC, Thomas Castelli and Justin Shore. This webinar provided valuable tax strategies for real estate investors.  They discussed the importance of working with a dedicated CPA. They covered different types of income, using losses to offset taxes and strategies like depreciation and stacking investments over time.
Filing extensions, vetting sponsors, and building an advisory team were also recommended. Don’t miss out and learn how to maximize returns through effective tax planning.
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WHAT TO LISTEN FOR
14:57  Know The Three Buckets Of Income
22:28 Strategies For Using Passive Losses To Offset Income And Taxes
33:18 The Conveyor Belt Theory For Stacking Investments Over Multiple Years
40:16 The “Lazy 1031”
55:51 Best Practices For Limited Partners


RESOURCES/LINKS MENTIONED
https://www.therealestatecpa.com/cityside
Tax Smart Real Estate Investors Podcast by Thomas Castelli
Tax Free Wealth by Tom Wheelwright
Conveyor Belt Theory by Jake and Gino

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To learn more about investment opportunities, join the Cityside Capital Investor Club.

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Starting a real estate investment journey can feel overwhelming, but it can also be very rewarding with the right information and plan. Turnkey real estate investing offers a straightforward approach that works well for both experienced investors and beginners. By relying on professionals who take care of everything from buying the property to managing it, investors can earn passive income without any stress.

In this episode, Tim and Paul, together with Liz Nowlin, the Director of Marketing and Sales/Investor Coordinator for Mid South Homebuyers, discuss the benefits of real estate investment. They suggest considering Memphis for its economic drivers in logistics and distribution, highlighting its potential for high rents.
The discussion covers the turnkey approach, how to choose good tenants and the significance of learning to make smart investment choices.

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WHAT TO LISTEN FOR
2:16 Turnkey Rental Real Estate
11:46 Finding Cash-Flow Positive Rentals in High-Cost Areas
18:22 Real Estate Investment in Memphis
36:40 Liz’s Thoughts on Famous Quotes and Opinions

RESOURCES/LINKS MENTIONED
MidSouth Home Buyers
Rich Dad Poor Dad by Robert Kiyosaki

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To learn more about investment opportunities, join the Cityside Capital Investor Club.

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Real estate investing involves understanding market trends and financial strategies. Analyzing the market is an essential aspect of successful investing. Self-education is key, helping investors stay informed about trends in housing inventory and supply, and ensuring a more informed and strategic approach to real estate ventures.

In this episode, Jason Hartman joins Tim and Greg as he shares his insights and experience in real estate investing, discussing topics like market analysis, using real estate to hedge against inflation, debates around market timing, trends in housing inventory and supply, and the importance of self-education.

They also mention how you can get rid of your debt by investing in real estate.

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WHAT TO LISTEN FOR
1:36 Analyzing the Market for Real Estate Investments
9:20 Hedging Against Inflation
16:35 Relevance of Market Timing
24:24 Housing Market Crash
30:32 Trends and Supply in the Housing Market
39:58 The Importance of Self-Education
45:37 Debt Destruction Through Real Estate Investing

RESOURCES/LINKS MENTIONED
The Rational Optimist: How Prosperity Evolves (P.s.) by Matt Ridley

CONNECT WITH US
To learn more about investment opportunities, join the Cityside Capital Investor Club.

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Ever questioned if there's a way to keep more of your hard-earned money while building a robust investment portfolio? Cost Segregation might be the one for you. In essence, it's about putting your money to work for you, redirecting funds that would have gone to taxes back into your investments.

In this episode, Tim and Paul, alongside Erik Oliver, the Vice President of Channel Partnerships of Cost Segregation Authority and a Cost Segregation Expert, discuss strategies for maximizing real estate tax benefits. They suggest leveraging cost segregation studies to accelerate depreciation deductions, emphasizing the importance of front-loading depreciation for immediate tax savings.
The conversation delves into bonus depreciation, a powerful concept that can significantly enhance depreciation benefits, and the impact of the Tax Cuts and Jobs Act of 2017 on real estate investors, emphasizing the potential for substantial tax savings through cost segregation and bonus depreciation strategies.

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WHAT TO LISTEN FOR
2:24 Cost Segregation Study
6:02 The Benefits Of Child Tax Credits And Bonus Depreciation Passing As A Bill
26:48 Erik’s Process Of How Cost Segregation Works
34:41 Erik’s Thoughts on Famous Quotes and Opinions

RESOURCES/LINKS MENTIONED
Tax-Free Wealth by Tom Wheelwright
Cost Segregation Authority
Rich Dad Poor Dad by Robert Kiyosaki
Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom by Robert Kiyosaki

CONNECT WITH US
To learn more about investment opportunities, join the Cityside Capital Investor Club.

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A transformative journey is not solely about acquiring knowledge; it serves as a powerful thing for transforming aspirations into reality. The crucial aspect lies not only in understanding what you desire, but also in taking deliberate actions to achieve it. It all starts with a dedication to personal growth and the skill of setting goals that drive you toward the life you imagine.

In this episode, Paul Dircks, Tim, and Greg's partner at Cityside Capital Investor Club, talk about strategies for personal growth, goal setting, and overcoming obstacles. They suggest setting clear and specific goals that can be measured and acted upon and stress the importance of combining education with action to achieve results.
The conversation touches on the importance of having a clear focus and visualizing goals while addressing and overcoming resistance and limiting beliefs.

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WHAT TO LISTEN FOR
4:45 The quote “It's not about knowledge, it's about action.”
6:45 The Crucial Role Of Taking Action For Learning And Growth
7:40 Top Takeaways From This Goals Retreat

RESOURCES/LINKS MENTIONED
Deep Work: Rules for Focused Success in a Distracted World by Cal Newport
Turning Pro: Tap Your Inner Power and Create Your Life's Work by Steven Pressfield

CONNECT WITH US
To learn more about investment opportunities, join the Cityside Capital Investor Club.

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Discover the power of being on-site and building a solid investment team. As a passive investor, you have the opportunity to transform your financial future. By taking control of your financial journey and leveraging the expertise of experienced professionals, you can unlock hidden opportunities and achieve the financial freedom you’ve always wanted.… 

In this episode, Tim and Greg discuss their recent field trip to the Dallas-Fort Worth area. They discuss the importance of on-site and personally visiting properties as passive investors. They emphasize the benefits of seeing the properties and neighborhoods in person, rather than relying solely on investment decks and webinars. Tim and Greg share their experiences visiting six multifamily properties, noting the positive changes they observed, such as property improvements, new carports, landscaping, and engaged staff members.

They also mention speaking with residents and gathering feedback about the properties and the team they are working with.

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WHAT TO LISTEN FOR
1:09 Benefits of Visiting Real Estate Properties as a Passive Investor
7:48 Property Renovations and Management
11:17 Real Estate Investing and Property Management
15:44 Investments and Retirement Strategies
22:23 Building Relationships in Real Estate Investing

RESOURCES/LINKS MENTIONED

CONNECT WITH US
To learn more about investment opportunities, join the Cityside Capital Investor Club.

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There are several of managing your finances that frees you from constantly trading your time for money. Imagine getting a monthly email letting you know that a significant amount of money has been effortlessly deposited into your account – a clear sign of your passive income…

In this episode, Tim and Paul, alongside Thomas Castelli, a Tax Strategist and Investor, discuss strategies for blending accounting and real estate for passive income. They suggest surrounding oneself with good people, utilizing the right tools, and investing in real estate syndications to harness the wealth-building potential highlighted in books like "Rich Dad Poor Dad" and "The Richest Man in Babylon."
The conversation discusses the importance of planning for taxes, understanding tax laws, and navigating complexities to reduce risks and maximize tax benefits for real estate investors.

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WHAT TO LISTEN FOR
5:26 Thomas’ Firm together with passive investors
9:50 Guiding Clients through Property Investment Challenges
12:25 Impact of Passive and Non-Passive Income
30:02 Real Estate Professional Status

RESOURCES/LINKS MENTIONED
Tax-Free Wealth by Tom Wheelwright
Think and Grow Rich by Napoleon Hill
Rich Dad Poor Dad by Robert Kiyosaki
The Richest Man in Babylon by George Samuel Clason

CONNECT WITH US
To learn more about investment opportunities, join the Cityside Capital Investor Club.


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Want another unique way to invest in real estate? Join the world of Industrial real estate investments. Many think industrial investments mainly focus on Amazon distribution warehouses or electrical supplies. Little do they know that uncovering the veil on industry leads to various assets, that with the right strategy, it will take you to the next level of investing. It may be confusing, but with Mag Capital on your side, you can start a unique investment opportunity that offers stability, predictability, and long-term growth.

In this episode of the Passive Income Brothers Podcast, we have Neil and Drew Wahlgren, brothers from Mag Capital, a private investment firm specializing in a unique approach to a private placement in the industrial real estate space. Tune in as they discuss Mag Capital's specialization in the world of real estate, industrial real estate investing, mitigating property risks, triple net lease strategy, and more.
 
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WHAT TO LISTEN FOR
8:00 Mag Capital and Industrial Properties
13:23 The Investing Thesis Behind Industrial Triple Net Lease
18:56  Criteria To Confirm A Great Tenant
25:40 Mag Capital’s Added Values For Tenant
29:05 How Mag Capital and Investors Earn Money
33:32 Mitigating Risk on Properties Or Asset Class
38:43 Real-World Example of How Wahlgren Brothers Work
41:15 Sales Leaseback Strategy


RESOURCES/LINKS MENTIONED
Mag Capital’s Official Website: https://magcp.com/

CONNECT WITH US
To learn more about investment opportunities, join the Cityside Capital Investor Club.

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