If you’re buying and holding properties, but not using cost segregation, you’re really missing out. In this episode, Joseph Viery explains the tax strategy that every successful real estate investor is using. Dial-in and learn the correct way NOT to pay taxes.   Topics on Today’s Episode What does cost segregation mean? Property owners who should do a cost segregation How much you'll pay for depreciation recapture if you do cost segregation? What you should be looking for in a cost segregation company? Cases where cost segregation isn't useful   About Joseph Viery Joseph Viery is the Principal at US Tax Advisors Group, Inc (USTAGI). As a Cost Segregation Professional, he has helped property owners defer or eliminate millions of dollars in income taxes by leveraging IRS compliant cost segregation studies. Since becoming a CSP in 2008, Joseph has performed thousands of Cost Segregation studies for clients in various industries ranging from $500,000,000 commercial properties to $50,000 single-family residences. He has also been able to bridge the gap for the independent residential real estate investor by providing an affordable modeling approach.   Connect with Joseph Website: www.ustaginc.com   Quotes ‘’In real estate, you can make a lot of money, and pay no taxes if you do it right. ’’ - Corey Peterson ‘’We don't care what your building is worth, we care about what you paid for it. ’’ - Joseph Viery   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

Multifamily Legacy Podcast

184: Why You Should Be Using Cost Segregation

Today, Robert Syfert is going to talk about the most critical element of success in real estate: mindset and focus. Pay attention to this episode because it's filled with words of wisdom on how to unlock your greatest ability to propel your business to the next level.   Topics on Today’s Episode The first action step to becoming successful Taking a break and reflecting on your journey Why you need to follow up on your leads Things you should and shouldn't focus on Is money the ultimate goal of the journey?   Resources/Links mentioned Rich Dad Poor Dad Seminar Who Not How by Dan Sullivan The Magic by Rhonda Byrne The Secret by Rhonda Byrne   About Robert Syfert Robert is a Business Expansion Specialist with efficient business-building solutions for high-level entrepreneurs and investors (primarily in the real estate sector) who want to live a healthier and wealthier lifestyle. With well over a decade of experience in the industry, Robert has sold and managed hundreds of investment properties and is passionate about providing solutions through software, tools, and services that maximize both your time and profits when it comes to investing in real estate. Robert is also a loving husband and father who believes that every person can achieve success and financial freedom with the right systems and processes at their disposal.    Connect with Robert Website: www.realestateinvestor.com; www.robertsyfert.com Facebook: Robert Syfert LinkedIn: Robert Syfert Instagram: @robertsyfert   Quotes ‘’You're one relationship away from everything you ever wanted in your life. ’’ - Robert Syfert ‘’Your journey is the reward. ’’ - Corey Peterson   Text the word BOOK to 480-500-1127 and get the book Copy Your Way To Success for FREE.   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

183: The Power Of Mindset and Focus

One of the most common mistakes new investors make is going through contracts and negotiations themselves. Check out this episode with Wayne Segal and learn the importance of having legal representation to identify and understand the most critical parts of your paperwork.   Topics on Today’s Episode Is all legal advice the same? Why you should have a lawyer check your term sheet before signing? How a lawyer can help you with negotiations? Where to find good legal counsel? Most common mistakes new investors make   About Wayne Segal Wayne Segal is a Member and Manager of Dawda Mann. His practice is concentrated in the areas of banking and real estate law. Wayne has extensive experience representing banks in investment, acquisition, development, and construction financing of shopping centers, office buildings, industrial buildings, and other commercial and residential properties. In addition, he has substantial experience in middle-market loan transactions as well as commercial and real estate workouts and restructures. Wayne represents local, regional, and national builders and developers in single-family and multi-family residential projects. He also has considerable experience representing retail, office, and commercial developers in acquisitions, financing, construction, development, and leasing transactions.   Connect with Wayne Segal Website: www.dawdamann.com   Quotes ‘’There is a right lawyer for every transaction. ’’ -Wayne Segal ‘’The devil is always in the details. ’’ -Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

182: The Value Of Having Strong Legal Counsel

In our third part of the Sierra Point series, we brought Waleska Iglesias and Scott Dilley, who will be sharing how they found the deal despite how close they were to losing it. Listen in to learn the importance of keeping a good relationship with your broker and the key to raising $1.5M on your first try.   Topics on Today’s Episode The power of relationship building What do brokers really care about? The key to raising $1.5M of private capital Putting a deal together despite all odds How much you'll learn from your first deal   Resource/Link mentioned MEB Management Services   About Waleska Iglesias Waleska Iglesias, Principal Broker and Owner of XA Realty Group, has been in the Real Estate Industry for the past 15 years. She joined the Real Estate profession right before the recession, and in the 2007 recession she knew she had to change her strategy to make it in the business, so she started to do short sales in Salt Lake City as well as in Denver, Colorado. Waleska has extensive experience with negotiating short sales, probates, traditional real estate negotiations, wholesaling, flips, and creative financing. She has also been involved with buying and selling performing and non-performing notes. She has a portfolio of rentals and knows property management.    About Scott Dilley Scott Dilley is the principal broker of Blue Diamond Realty. Born in Australia, Scott moved to the United States in 1991. After 5 years in the auto industry, Scott quit his job in 2006 to pursue real estate investing full time. Since 2006 Scott has been involved with various strategies in real estate, including the art of the short sale, wholesale, defaulted mortgages, creative financing, has fixed and flipped in multiple states, and owns and manages rental properties.   Connect with Waleska E-mail: waleska.iglesias@gmail.com   Quotes ‘’Your first deal is always the hardest, but once you do it, it gets you in the game. ’’ - Waleska Iglesias ‘’Don't be a deal killer, be a deal maker. ’’ - Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.  

181: The Good, Bad And Ugly Of Sierra Point ( Part 3 or 3)

No matter how many deals you've done, there will always be things that could go wrong. Listen to this episode to learn all the complications developed with Sierra Point Apartments and find out how multifamily deals actually come together despite the odds.    Topics on Today’s Episode The process that follows after getting under contract What is delinquency? How can it affect your deals? Why you should include a 30-day extension in your contract Qualities that set great property managers and lawyers apart     Quote ‘’Brokers have a short memory. All they remember is that you got under contract, you closed and you have to pay. ’’ - Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.  

180: The Good, Bad And Ugly Of Sierra Point (Part 2 of 3)

Initially, all deals make sense, but after closing, things can start going sideways. In this first part of the Sierra Point series, Corey Peterson breaks down the numbers and shares the juicy details of his $7.7M off-market deal. Stay tuned for the next episodes as well, 'cause things are about to get ugly.   Topics on Today’s Episode How to find good off-market deals Is it a good idea to invest in properties in bad conditions? Type of deals you should look for Is it a good time to buy properties? The advantages of rebranding and rehabbing investment properties   Quote ‘’Your mind can give you everything you’ve ever wanted. ’’ - Corey Peterson   Text the word FUEL to 480-500-1127 to set up a quick call with us and find out more about our mastermind group dedicated to apartment investing. Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.

179: The Good, Bad And Ugly Of Sierra Point (Part 1 of 3)

No matter where you're located, there is no excuse for not investing in real estate. In this episode, Rafi Mizrahi shares how he started doing multifamily syndication all the way from Israel, as well as the challenges he faced along the road. Join us today and be inspired to pursue your dreams with relentless passion.   Topics on Today’s Episode The right mindset to get started in real estate What makes multi-family so attractive? Tips for getting your own first deal How to manage your working capital properly? Creating a wealth of knowledge   Resource/Book mentioned Rich dad poor dad by Robert T. Kiyosaki   About Rafi Mizrahi Rafi Mizrahi has been an out-of-state real estate investor since 2010. Rafi developed a skill set to overcome the distance. He has extensive experience in raising money from out-of-state investors, building and managing professional teams all over the country, property valuation, negotiating, and acquisition. Rafi started as a single-family home investor in 2010 and since then, he was involved in more than 300 transactions as the Acquisition partner and as the raising capital partner. In 2017, he shifted the focus to Multi-Family and syndicated 766 units worth more than 50 million dollars.   Connect with Rafi Website: www.proudcommunities.com   Quotes ‘’Be like water. Water always finds a way to pass the wall.’’ -Rafi Mizrahi ‘’When there’s a will, there is a way.’’ -Corey Peterson Connect with Us! Text the word BOOK to 408-500-1127 to get my free book which talks everything about real estate. Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.

178: Investing In Multifamily From Abroad

Raising money is a big part of putting together a multifamily deal. However, this subject is not talked about enough. Join us today to learn Dave Dubeau's easy-to-follow 5 step guide to raising capital, and find out the Do's and Dont's of marketing.   Topics on Today’s Episode Most common mistakes when raising capital Why you should have a target group of investors How to raise money from people you know Tips for marketing your real estate business The importance of getting testimonials and referrals   Resources/Links/Books mentioned Money partner formula by Dave Dubeau   About Dave Dubeau Dave Dubeau helps real estate entrepreneurs to scale their portfolios by attracting investors/partners and their capital instead of chasing after it. He created the Money Partner Formula process that raises 6-figures (or more) in 6-weeks (or less) by getting the right investors to come to you. Dave is the CEO and founder of Results Enterprises Inc. / The Money Partner Formula which offers a proven strategy to help clients find their ideal investors and quickly raise the capital they need to grow their real estate portfolios fast. He is also a passive investor, best-selling author, and sought-after speaker.   Connect with Dave Website: www.moneypartnerformula.com   Quotes ‘’A constant communication is the key to marketing.’’ - Dave Dubeau ‘’The more you teach, the better student you become. ’’ - Corey Peterson   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.

177: The 5 Step Guide To Raising Private Capital

Shawn Johnson’s 40 unit deal didn’t go as planned. Check out this episode and learn why you need to do your physical and financial due diligence and get some golden nuggets that will save you a lot of headaches and money. Topics on Today’s Episode How to handle troubling sellers? What you need to check on your due diligence Tips to negotiate with a re-trade Why you should always request a T12 How the due diligence process works What you can gain from making mistakes Resources/Links/Books mentioned The road less stupid by Keith J. Cunningham  Business made simple by Donald Miller About Shawn Johnson Shawn Johnson is the CEO at Home Vault, a property management company, as well as a single-family and multifamily real estate investor. Connect with Shawn Website: www.homevault.com E-mail: shawn@homevault.com Quotes ‘’Be clear on your expectations or they’ll walk over you.’’ -Shawn Johnson ‘’Painful experiences are a sign of growth.’’ -Corey Peterson Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.

176: Why You Need To Do Your Due Diligence

If you look at successful people, they all have the same things in common. Listen in with Steven Pesavento to find out the five principles that those people live by and be inspired to reach your goals. Topics on Today’s Episode Is it necessary to experience single-family before multi-family? How you should look at the challenges? Is it a good idea to invest in different assets/businesses at the same time? The importance of setting a goal and a plan for it  Why do you need to be clear on what you want? Mentors vs. Coaches: Which one can help you and your business? The benefits of sharing your knowledge Books mentioned Rich dad poor dad by Robert Kiyosaki Cashflow quadrant by Robert Kiyosaki The go-giver by Bob Burg and John David Mann Never split the difference by Chris Voss with Tahl Raz The untethered soul by Michael A. Singer Resource/Link mentioned  The Top 5 Lessons Learned From High Performing Real Estate Investors About Steven Pesavento Steven is an investor and entrepreneur who’s built an investing business from the ground up. He went from zero to buying and & flipping over $22 million in real estate within his first two years in the business Connect with Steven Podcast: Steven Pesavento's Investor Mindset Facebook: Steven Pesavento Instagram: @steven.pesavento LinkedIn: Steven Pesavento Quotes ‘’Everything is possible, but not everything is really needed’’ -Corey Peterson ‘’Set big goals, set big dreams, and then be patient to let that happen’’ -Steven Pesavento Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.

175: The Five Principles Of Success

Real estate is a mind game. Having a ‘’do whatever it takes’’ mindset is crucial to make your deals work. Let’s get it on and learn how Tate Siemer got into his first deal and find out how he overcame the struggles of raising capital. Topics on Today’s Episode The importance of mindset How can a podcast help your business? Pros of attending conferences What does it take to raise capital and get into syndication? Can you improve people's lives by doing real estate? Why you should get mentorship and develop personal growth Books mentioned How to make big money with small apartments by Lance A. Edwards The untethered soul by Michael A. Singer About Tate Siemer Tate Siemer is the visionary behind GreenLight Equity Group. Tate’s passion is improving (value-adding) high-density, multi-family developments and existing apartment buildings in such a way that maximizes the value of communities in order to provide solid, consistent returns to investors and well-being to residents. Tate works with sellers, wholesalers, lenders, money, partners, contractors, and many other contacts to coordinate a robust set of industry relationships. He hosts “The Apartment Guys Podcast” and serves on the Executive Board of the Utah Real Estate Investor Association.  He enjoys helping fellow investors and entrepreneurs through mentoring and coaching.  Connect with Tate Website: www.investwithgreenlight.com Podcast: The Apartment Guys Podcast Quotes ‘’Mindset will make you or break you’’ - Tate Siemer ‘’You have to be a good student to be a good teacher’’ - Corey Peterson Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.

174: How To Get Your First Deal Done

In the real estate business, deals go wrong all the time. You have to be prepared to face adversity to come up with a solution. In this episode, Corey shares how a $19M deal went wrong and what mindset helped him handle that situation. Join us today and find out why you need to watch out for lock-up periods. Topics on Today’s Episode What is a lock-up period? How to sell a deal with a lock-up period? The risks of doing big deals Why you need good legal representation The importance of mindset Quote ‘’Adversity will come for you, but what you do in those moments will determine who you are as a person and how you will persevere’’ - Corey Peterson Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.

173: How Can A Lock-Up Period Affect Your Deals?

Underwriting requires good attention to detail and the ability to interpret data correctly. But once you get good at it, it's super fun to pick out some of the sweetest deals. Check out this episode with Issac Fleming and find out the most common mistakes people make when underwriting and tips on how to avoid them. Topics on Today’s Episode Color coding your numbers Setting a strike price Do you cut expenses to make a deal work? Increasing rent Calculating taxes for your properties Setting exit cap rates Verifying your numbers About Isaac Fleming Isaac Fleming is the Head Underwriter for Kahuna Investments and Kahuna Wealth Builders. Quote ''If you're gonna do better, say you're gonna do worse on paper’’ - Isaac Fleming Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.  

172: Twelve Mistakes People Make When Underwriting Deals

If you want your real estate journey to be successful, you need to pay attention to this episode since Corey is sharing details of his latest deals and the must-do of syndication. Learn how and why having strong broker relationships can also make your business easier.  Topics on Today’s Episode Demonstrating your ability to close deals How to find off-market deals The importance of being authentic The power of podcasting How to fund a $17M deal Quotes ''Stop saying I wish, I could have, I should have, just go do it" - Corey Peterson. ‘’If you’re authentic you will attract the right people and you will repel the wrong’’ -Corey Peterson Resource/Link mentioned 164: Turning Adversity Into Opportunity Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes. Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family. Text the word BOOK to 480-500-1127 to get a free copy of ‘’Copy Your Way to Success: Standing on the Shoulders of Giants’’

171: Building Strong Broker Relationships

Not everything is palm trees and sunsets in real estate. Today we are going to talk about the dirt of the business. Listen to this episode as Chad Sutton shares stories about deals that went wrong and the lessons learned from them.   Topics on Today’s Episode What big investors care about Programming your capital Asking for a higher minimum of investment Structuring a deal incorrectly Understanding where your investors' money comes from   Books mentioned Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich   About Chad Sutton Chad works for Quattro Capital, where he spends most of his time working with Brokers and putting deals together in the multifamily space. He leads a team of Alliance Partners with whom he works very closely to coordinate the negotiation, underwriting, due diligence, and debt origination of their acquisition pipeline.    Connect with Chad Website: www.thequattroway.com Instagram: @thequattroway   Quotes ‘’Life happens, timing is everything’’ -Chad Sutton ‘’Time heals all as long as you can cash flow" -Chad Sutton   Don’t forget to download my Free Workshop Quick Start Video Series, and if you like what you have heard please leave a review on iTunes.   Text the word MONEY to 408-500-1127 to get my free private money program and credibility kit for single-family.

170: How Things Can Go Wrong In Real Estate

Corey Peterson is a rags to riches real estate entrepreneur and self made millionaire. He's a best selling author and has been featured on Fox, CBS, ABC, NBC affiliates. Multifamily apartments is his passion and specifically how to put deals together that operate effectively and cash-flow. If your tired of the hustle and grind from fix and flipping, let Corey, pull back the curtain and show you power of multifamily apartments and cash-flow.

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Multifamily Legacy Podcast

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