Accelerated Real Estate Investor
Business
Josh: A seasoned multifamily real estate investor and the host of the Forever Passive Income Maverick Mastermind, Partnering, and Coaching Program and Accelerated Real Estate Investor Podcast. With decades of experience in the industry, Josh has successfully invested in numerous multifamily properties and has a deep understanding of the ins and outs of the market.
Episode Summary:In this episode, Josh Cantwell discusses the importance of building a strong network of professionals in the real estate industry. He emphasizes the need to connect with commercial real estate brokers, CPAs, property management companies, contractors, and other key players in order to succeed in the business. Josh shares his own experiences and provides valuable insights on how to find and network with these professionals. He also highlights the significance of scale and the importance of raising capital to expand one's real estate portfolio.
Key Takeaways:Building a network of real estate professionals, including brokers, CPAs, property management companies, and contractors, is crucial for success in the industry.Commercial real estate brokers are key players in finding deals and analyzing markets. Networking with them can provide valuable insights and opportunities.CPAs and accountants specializing in real estate accounting are essential for tax planning and managing finances in the industry.Property management companies play a vital role in managing properties, handling tenant issues, and providing valuable insights on market trends.Contractors are necessary for property renovations and maintenance. Finding reliable and skilled contractors is essential for successful real estate projects.
Notable Quotes:
"The real estate brokers all know each other. And you know what? In the commercial world, because there's a lot less deals and the deals are so much bigger. The real estate brokers all know each." - Josh Cantwell
"Your CPA should do tax planning. So as you get into Q four right now, it's September. So when you get into October, your CPA better be calling you and suggesting that you have a year-end tax planning meeting." - Josh Cantwell
"The property management companies are already aligned with the real estate attorneys that can do all the notices that can do all the evictions." - Josh Cantwell
Resources:
Apply for coaching here https://bit.ly/2N7ivRm Subscribe to our YouTube Channel: http://www.youtube.com/user/SRECvideo?sub_confirmation=1
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214: Avoiding Capital Gains Tax — An Alternative to the 1031 Exchange with Kim Dyer
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212: 360 Unit Case Study - Increasing Property Value from $18M to $27M!
211: Acquiring & Operating Value-Add Investment Properties with Tyler Chesser
210: The Busy Professional's Guide to Passive Real Estate Investing with Vanessa Peters
209: Air Traffic Controller Builds Multifamily Real Estate Empire
208: How to Avoid Capital Gains Tax with The 1031 Exchange Expert, Dave Foster
207: 54 Niles Case Study - How to Buy & Exit for $1M+ in Less Than a Year!
206: Chris Grenzig on Turning a Failed Flip into Multifamily Investing Success
205: The Multifamily Real Estate Report - June 2021
204: Choosing a General Contractor for Your Next Multifamily Real Estate Deal with Ira Singer
#203: Harness Your Real Estate Investments to Really Live Life to the Fullest with Jeff Holst
#202: Management Structure for Multifamily Properties
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