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The Best Ever CRE Show

JF1645: We Completed A Business Plan & Sold A Deal - Here Are The Details - with Frank and Joe

The Best Ever CRE Show

Best Ever CRE

Investing, Entrepreneurship, Business

4.7996 Ratings

🗓️ 5 March 2019

⏱️ 26 minutes

🧾️ Download transcript

Summary

Frank Roessler, for Best Ever Listeners that don’t know, is the Founder of Ashcroft Capital, and managing partner along with Joe. Recently, they finished a business plan and sold a deal, now we get to hear their case study discussion. This will be a normal segment on the podcast, whenever Ashcroft sells a property, we’ll hear the details from Frank and Joe! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Frank Roessler Real Estate Background: Founder of Ashcroft Capital Has overseen the acquisition of over $700,000,000 of institutional quality multifamily investments Based in NYC Say hi to him at ashcroftcapital.com Best Ever Tweet: “You can do everything else right, but if you can’t execute, you can really screw up an investment” - Frank Roessler Learn more about Frank: JF810: When Mother Nature DESTROYS Your Property, What Do You Do? #SkillsetSunday Sponsored by Stessa - Maximize tax deductions on your rental properties. Get your free tax guide from Stessa, the essential tool for rental property owners. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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1:05.0

One of the things I always say is a huge risk in this investment game is the execution of the

1:09.6

business plan.

1:10.6

You can do everything I just said. Buy it at the right price and a great

1:14.1

sub market with a great business plan but if you can't execute you can really

1:17.7

screw up an investment. It's that time of year again tax season done on

1:22.4

how are you doing on tax season? How's that treating me so far?

1:26.0

Well if you have a lot of receipts and you're organizing things like your income and

1:30.7

expenses and creating reports.

1:33.0

And you're also trying to keep up to date with a new tax reform this year.

1:36.3

There's a lot of deductions that we can take to maximize return

1:41.5

and there's a lot of strategies that we need to make sure we're aware of

1:45.0

are you optimizing for the tax laws? Well our sponsor Stessa teamed up with the top

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