#453 Nick Huber on Profitable Real Estate Investing

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 16 December 2020

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Nick Huber is an entrepreneur and investor. He owns a number of self-storage facilities and also previously built a large student storage business. Nick is documenting all of his work at Sweaty Startup in both audio and written form. In this conversation, we discuss the advantages to real estate, how cash out refinancing works, why bonus depreciation is your friend, and the logic behind Nick’s focus on self-storage facilities. ======================= OKCoin.com is the leading crypto exchange for both beginners and experienced users. You can fund your account in under 2 minutes, and get access to the most advanced trading engine, all while paying the lowest trading fees in the industry (0.1%). Visit www.okcoin.com/pomp and open your account today. ======================= Coinbase Wallets are adding support for .crypto and .zil domains through their partnership with Unstoppable Domains. Unstoppable Domains provides an all-in-one solution for blockchain domains. You can send money using these new domains instead of long Bitcoin wallet addresses, while also storing your domain in Coinbase's collectibles section. Go to unstoppabledomains.com in the dapp browser to register and manage your domains. ======================= Digital art is here, and it's real. NFTs are selling for hundreds and thousands of dollars. The only platform I buy on is Nifty Gateway, which is an official sponsor of the Pomp Podcast.They release content from the best NFT artists in the world twice weekly, and have featured many world famous artists including Kenny Scharf, Trevor Jones and WhIsBe. NFTs on Nifty Gateway are in extremely high demand, so if you really want one, make sure to be on the website as soon as it is released. Go to http://www.niftygateway.com/pomp and sign up for an account today. =======================

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp podcast, simply the best podcast out there. Let's kick this thing off.
0:12.5	Nick Huber is an entrepreneur and investor. He owns a number of self-storage facilities and also previously built a large student storage business.
0:21.8	Nick is documenting all of his work at sweaty startup in both audio and written form. In this conversation, we
0:27.3	discussed the advantages to real estate, how cash out refinancing works, why bonus depreciation
0:32.5	is your friend, and the logic behind Nick's focus on self-storage facilities. I really enjoyed this conversation with Nick, and I hope you do as well.
0:40.9	Before we get into this episode, though, I want to quickly talk about our sponsors.
0:44.6	First up is OKCoyne.
0:46.8	OKCoyn.com is the leading crypto exchange for both beginners and experienced users.
0:51.4	You can fund your account in under two minutes and get access to the most
0:54.4	advanced trading engine, all while paying the lowest trading fees in the industry, 0.1%. You can
1:00.0	visit them at okaycoin.com slash pomp and open your account today. I love them. They're a U.S.-based
1:05.9	regulated exchange. They do things right, and they've been funding Bitcoin developers. It's really hard to
1:12.1	not want to use a company that spends money to help build the Bitcoin ecosystem. OKCoin.com
1:19.0	is doing things the way that you would expect a leading crypto exchange for both beginners
1:23.4	and experienced users to do it. Again, they've got fast funding time to get your money in your
1:28.3	account so that you can buy Bitcoin and you can get access to the most advanced trading engine.
1:33.0	Head on over to OKcoin.com slash pomp. They support Bitcoin, so you should support them.
1:38.2	OKCoin.com slash pomp. Next up is Unstoppable Domains. Unstoppable Domains is partnered with Coinbase wallets to add support for dot crypto domains through that partnership.
1:49.2	Unstoppable Domains provides an all-in-one solution for blockchain domains.
1:52.8	You can send money using these new domains instead of long Bitcoin wallet addresses while also storing your domain in Coinbase's collectibles section.
2:00.1	Go to Unstoppable Domains.com in a DAP browser to register and manage your domains.
2:05.5	Again, you no longer have to send money to a long string of letters and numbers in a Bitcoin wallet address.
	...

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