4.8 • 692 Ratings
🗓️ 14 November 2024
⏱️ 60 minutes
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0:00.0 | So today we're going to be chatting about real estate syndications, when to invest, when to pass. |
0:05.8 | Because I think a lot of people are wondering this right now. |
0:09.6 | There's a lot of PTSD from the last four years or people know people that have had PTSD on losing money in apartment syndication. |
0:19.2 | Yeah, it's a big topic. You know, I think that, |
0:22.7 | but first of all, let's talk about why I think it's gotten so popular. I think people are |
0:27.7 | generally afraid of inflation. They're generally, they don't quite understand the stock market. |
0:33.0 | You know, why it goes up and down. Like me, I don't understand Bitcoin. |
0:42.2 | So real estate is kind of one of those things that's kind of slow and dumb, right? |
0:43.7 | There's not a lot to it. |
0:45.7 | Now, you could definitely buy it incorrectly. |
0:54.0 | But it's certainly, in my opinion, much easier than to figure out, like, you know, do you buy, you know, Apple stock? You know, like, and there are ways to |
0:56.7 | mitigate that, you know, of course, just get educated on that. But the reality is, is it's not volatile. |
1:03.0 | It definitely can go down and it definitely can go up, but it's not volatile. But the other thing is |
1:07.8 | it also provides incredible tax savings. |
1:13.2 | And so I think that if you just back up from the whole thing and you start to look at, why would the wealthy invest in real estate? |
1:20.8 | I would say tax savings, tax deferral is number one. |
1:26.4 | Cash flow is probably number two in that order, where a lot of people think it's cash flow |
1:31.9 | first. |
1:32.9 | And I do believe you should buy real estate to cash flows. |
1:36.6 | But most people don't understand when you're first getting in there that they're really |
1:41.0 | ultra wealthy are trying to buy real estate to offset tax. I mean, |
1:46.0 | even the other night when we had dinner with those guys, I won't say who, but remember, |
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