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:
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258: Josh Cantwell on Creating The Life You Want To Live
257: Ken Gee on Building a Successful Multifamily Real Estate Syndication Business
256: Josh Cantwell on Getting Your CapEx Team Rolling with Leasing Events
255: Van Sturgeon on The Art of Renovations and Increasing Your Property Values
254: Focusing On What Brings You Joy with Josh Cantwell
253: AJ Osborne’s Strategies for Growing Your Wealth in Self Storage
252: 52 Lake Progress Update: Creating More Value with a Bigger Budget
251: Five Strategies to Find Off-Market Deals with Stewart Beal
250: Case Study: $1M Short on Closing Day with Josh Cantwell
249: Camilla Jeffs on The Best Way to Avoid Overpaying in a Hot Market
248: Overcoming Your Fear of Accomplishing Your Goals with Josh Cantwell
247: The Pursuit of Big Wins and True Happiness with Josh Cantwell
246: Jay Conner on The Secrets to Locating Private Money for Real Estate Deals
245: Mike Zlotnik on The Economics of Highly Profitable Hotel to Multifamily Conversions
244: David Richter on Real Estate Investing with a Profit First Mindset
243: Jim Monk on The Value-Add Improvement with a 37% ROI
242: Pancham Gupta on The 6 Key Elements of a Profitable Real Estate Market
241: Tim Vest on Finding Bigger Profits in Smaller Multifamily Properties
240: Gino Wickman on The 6 Essential Traits of a Successful Entrepreneur
239: Hunter Thompson on Raising Capital and Respecting the Debt Risks
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