Journey to Multifamily Millions Tim

Today's guest is  Joseph Woodbury, he is the Co-Founder and CEO of Neighbor.com. Joseph has pioneered the concept of full-property monetization, helping investors maximize returns by transforming underutilized spaces into profitable storage solutions.
This episode has Joseph Woodbury delving into the expansion and possibilities of the self-storage industry, which is currently the fastest-growing sector of the commercial real estate market in forty years. He clarifies how Neighbor.com increases the value of properties by turning vacant areas into profitable storage options. 
He talks about listing techniques, Neighbor.com's financial strategy, and its effect on property revenue, covering anything from residential garages to multifamily properties. They also discuss the use of technology in pricing optimization and the transformation of bankrupt office buildings into storage units. Value, safety, rules, and flexibility are emphasized as being extremely important factors for both landlords and tenants in this dynamic market.


Episode Topics
[01:15]  Meet our guest, Joseph Woodbury
[03:01] How Neighbor.com Works: A Deep Dive into the Process
[04:41]  Expanding Beyond Residential: The Commercial Storage Revolution
[08:28] The Multifamily Storage Opportunity: Unlocking New Revenue Streams
[11:35] Safety and Customization: Tailoring Storage Solutions for Multifamily Properties
[25:04] Exploring the Future of Storage: Trends and Opportunities
[31:51] What is one red flag every investor should look out for?
[32:45] What is a myth about the real estate business?
[34:20] Connecting to Joseph


Notable Quotes
"We started with a simple idea: unused space in every neighborhood could be rented out for storage." - Joseph Woodbury"Neighbor operates like Airbnb for storage, making it easy to list your space and find renters while ensuring security." - Joseph Woodbury"When it's not your primary use, it's much easier to implement without changing the building or permitting." - Joseph Woodbury"Multifamily is the most attractive. You've got two new revenue streams coming to your property." - Joseph Woodbury“You're able to drill down to the local market to ensure you're in line with competitors." - Tim LittleSelf storage is very sticky because people just buy more stuff. The need doesn't go away once they have it." - Tim Little

 
👉Connect with   Joseph Woodbury
LinkedIn: Joseph Woodbury Website: NeighborEmail: joseph@neighbor.com  Telephone: (801) 380-8351👉 Connect with Tim
Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Episode Summary
Today's guest is  Ilana Brown,  who is a sales and account manager at Solo401k.com 
In this episode, Ilana Brown from solo401k.com explains how these tools offer investors greater control over their retirement funds, enabling investment in a wide range of assets such as real estate, cryptocurrencies, and private equities. 
She discusses the requirements for setting up a solo 401k, the importance of qualifying for it, and the process of funding and investing through these accounts. Key considerations like prohibited transactions, contribution limits, and handling business growth are elaborated to ensure investors make informed decisions. 
She also answers common questions and pitfalls in managing self-directed retirement accounts, emphasizing the importance of compliance and strategic planning for maximizing retirement savings. Stay tuned!


Episode Topics
[01:20]  Meet our guest, Ilana Brown
[03:57] Investment Opportunities and Qualifications for Solo 401k
[11:35] Exploring the Checkbook IRA LLC Option
[16:19] Q&A Session: Navigating Solo 401k and Self-Directed IRA Options
[2023] Understanding Prohibited Transactions and IRS Guidelines
[24:37] Addressing Common Mistakes and IRS Compliance
[28:28] Transitioning from Solo 401k to Self-Directed IRA with Employees
[31:24] Closing Remarks and Future Sessions


Notable Quotes
"It's your money. Invest in what you want." - Ilana Brown"Understand prohibited transactions to protect your retirement savings. Know who you can invest with and what assets are off-limits." - Ilana Brown"Let syndications do the hard work for you. With the solo 401k, you're in control." - Ilana Brown"Pick the right bank for your solo 401k. Some specialize, making account setup smoother." - Tim Little"Checkbook control simplifies investing in syndications and private lending, optimizing retirement funds." - Tim Little 
👉Connect with  Ilana Brown
LinkedIn: Ilana BrownWebsite: https://www.solo401k.com/ Email: ilana@nabers.com👉 Connect with Tim
Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Today's guest is  Igor Shaltanov, he is the founder and managing partner of Avista Fund, and a former professional athlete who transitioned into successful entrepreneurship and real estate investing.
In this episode, Igor shares his journey from Moscow to multifamily investments in the US, starting with renting out an apartment and progressing through single-family homes. He highlights the importance of market understanding, teamwork, and trend awareness, having experienced both successes and failures. 
Igor's story demonstrates the resilience and strategic thinking vital in real estate. Transitioning to fund creation, he delves into passive investment strategies, property management challenges, and his philosophy on success. 
His multifaceted approach embodies the dynamic nature of real estate, showcasing the necessity of adaptability and seizing opportunities across diverse asset classes.


Episode Topics
[01:19]  Meet our guest, Igor Shaltanov
[02:49] The Power of Real Estate: A Personal Journey
[12:59]  Transitioning to the U.S. and Building a New Life
[19:44] From Saving to Investing: A New Chapter in the U.S.
[22:11] First Foray into Real Estate: Learning from Experience
[31:50] Building a Syndication Portfolio: Operator Vetting and Asset Classes
[40:29] What is one red flag every investor should look out for?
[40:59] What is a myth about the real estate business?
[42:25] Connecting to Igor


Notable Quotes
"My humble beginning of real estate investment taught me supply and demand, understanding what people want, and the obstacles in renting." - Igor Shaltanov"Information wasn't always at our fingertips; it was more about learning by doing." - Tim Little"Trying and failing, trial and error. You fail a couple of times and you'll find out." - Igor Shaltanov"A lot of passive investors want to be hands-off. They're high-income earners, too busy to dive into due diligence." - Tim Little"Many stay with money managers expecting high returns, but often get little above inflation." - Tim Little"Stick to your strategy, avoid chasing shiny objects. Conservative operators who stick to their plan are the real winners." - Igor Shaltanov 
👉Connect with   Igor Shaltanov
LinkedIn:  Igor ShaltanovWebsite: Avista FundEmail: igor@avistafund.com Telephone: 310-529-1067👉 Connect with Tim
Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Today's guest is Larry Pendleton. He is the Senior Partner of PC Financial Services LLC, CPA, and an active multifamily real estate investor.
In this episode, Larry discusses the importance of leveraging real estate investments for wealth building and employing strategic tax practices to retain more income.
He also talks about insights into tax strategies that take advantage of real estate investments, emphasizing cost segregation studies and the impact of recent tax laws. 
Additionally, He shares the advantages of being considered a real estate professional for tax purposes, material participation, and how proper tax planning can significantly reduce tax liabilities while promoting wealth growth through real estate.


Episode Topics
[01:43]  Meet our guest, Larry Pendleton
[02:56] Diving Deep into Tax Strategies for Real Estate Investors
[05:01]  Understanding Your Income Tax: Active vs. Passive
[12:27] Maximizing Depreciation: A Key Tax Strategy
[17:45] Exploring Cost Segregation Studies for Bigger Tax Breaks
[37:04] Real Estate Professional Status & Material Participation
[41:28] Closing Remarks and Thank You


Notable Quotes
"Real estate is the main vehicle for building long-term wealth, not just quick riches." - Larry Pendleton"Shift your income from active to passive; it's taxed less harshly, allowing you to keep more of what you make." - Larry Pendleton "Replace assets to offset depreciation, but don't overspend." - Tim Little"Taxes incentivize government goals, like job creation." - Tim Little"One of the most American things you can do is follow the tax code. Investing in a building benefits everyone, creating jobs and housing." - Larry Pendleton"Depreciation is like a loan from the government; they want it back when you sell. Plan ahead to offset it." - Larry Pendleton"Give investors time to plan for a capital event." - Tim Little 
Connect with  Larry Pendleton
LinkedIn: Larry PendletonWebsite: https://linqapp.com/LarryPendletonCPAinRealEstate?r=link Email: info@pcfsva.com Telephone: 757-535-8592👉 Connect with Tim
Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Today's guest is Greg Bronson, he has nearly 20 years of industry experience focused on residential property sectors, including student housing, multifamily housing, and senior housing. Head of acquisitions at Ashland Capital, he has closed over $2 billion of transactions throughout his career across acquisitions, refinancings, and recapitalizations leveraging his debt and equity relationships.
Greg talked about his professional journey working at Lehman Brothers, surviving the subprime crisis, and transitioning to commercial real estate. He emphasizes how to find profitable investment opportunities, take advantage of debt and equity partnerships, and give investors attractive risk-adjusted returns.
He discusses the operational differences between multifamily and student housing, the value of diversity, and how current market conditions impact investments. He also shares his thoughts on investing in the face of economic challenges, the importance of connections in the sector, and underwriting.



Episode Topics
[01:30]  Meet our guest, Greg Bronson
[02:01]  From Lehman to Success: A Financial Journey
[01:56]  Surviving the Financial Meltdown: Lessons Learned
[08:49] Exploring the Intricacies of Family Offices and Foreign Investments
[17:01] The Nuances of Student Housing vs. Multifamily Investments
[22:32] Navigating Current Market Challenges and Opportunities
[28:20] What is one red flag every investor should look out for?
[29:32] What is a myth about the real estate business?
[31:58] Connecting to Greg 


Notable Quotes
"There was no better learning experience during the course of my career than basically trying to survive while the world was crumbling around us." - Greg Bronson "Returning from Iraq during 2007-2008, the financial turmoil felt like entering a different world." - Tim Little "Family offices offer flexibility and broader mandates, unlike institutions, enabling a wider investment scope." - Greg Bronson"Diversifying into US real estate was driven by the opportunity for dollar-denominated investments and high-quality assets." - Greg Bronson"For value-added multifamily, it's crucial to stagger leases to avoid the risk of all expiring at once." - Tim Little"The gap between buyers and sellers persists, but despite challenges, there are still deals meeting our return criteria." - Tim Little "Both multifamily and student housing offer attractive opportunities; it's about identifying the right investment for solid returns." - Greg Bronson 


👉Connect with  Greg Bronson
LinkedIn: Greg BronsonWebsite: Ashland CapitalEmail: greg@ashlandcapitalfund.com Telephone: 914-980-5709👉 Connect with Tim
Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497

Today's guest is Van Carlson, Van is the Founder & CEO at SRA 831(b) Admin and has over twenty-five years of experience in the risk management industry. 
Van’s primary goal is to continue the upward growth of SRA and continue to develop new products to bring to market.
He explains how 831B plans provide a tax-advantaged means of self-insurance for business owners that cover risks that are either too costly to transfer to standard insurance policies or not generally insured.
He also talks about how these plans can act as a financial cushion, possibly converting cost centers into profit centers through the investment and growth of plan funds in a tax-deferred manner. 
Van also addresses common misconceptions and emphasizes the significance of adopting 831B plans with the right intent to prevent unnecessary IRS attention, as well as the flexibility of these plans in managing certain risks such as damage waivers and rent protection.


Episode Topics
[01:17]  Meet our guest, Van Carlson
[02:53]  The Power of Self-Insuring: Transforming Risk into Opportunity
[06:27]  Maximizing Returns: The Strategic Advantage of 831B Plans
[17:48] The Future of Multifamily Investments: Adapting to New Challenges
[24:53] The Impact of Market Conditions on Insurance for Multifamily Properties
[31:47] The IRS's View on Innovative Insurance Plans
[38:32] What is one red flag every investor should look out for?
[39:11] What is a myth about the real estate business?
[41:31] Connecting to Van


Notable Quotes
"There's got to be a smarter way. Small to middle market business owners need to be aware of self-insuring risk." -Van Carlson "Every business owner should have their own PPP plan. This code allows you to self-fund it and has been around for 38 years." -Van Carlson "The biggest benefit is having that tax-deferred reserve... If you can make that money work, that's even better." - Tim Little"Having that flexibility to tenants can really make a difference... It's big!" - Tim Little"Your approach is very custom, every person or business is different. And so you have to look at the risk scale, et cetera, associated with that." - Tim Little"I like the accidental damage waiver because I do think it's an additional revenue maker for the building owners right now." - Van Carlson

👉Connect with  Van Carlson
LinkedIn: Van CarlsonWebsite: SRA 831(b) AdminEmail: sra@831b.comTelephone: (208)-424-2249👉 Connect with Tim
Linkedin: Tim Little Instagram: @tim_at_zana Email: tim@zanainvestments.com Visit www.ZANAinvestments.com for more info on Tim and how you can passively invest in multifamily real estate Get your Passive Investor's Cheat Sheet FREE Subscribe, Rate, and leave a review here 🌟
https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497