Whitney Elkins-Hutten - Exploring Alternative Real Estate Investments for Wealth Creation and Risk Diversification

Key Takeaways

Overcome obstacles with determination and a growth mindset.

Real estate offers diverse income streams for wealth creation.

Utilize other people's money to invest in real estate with limited personal capital.

Investors exercise caution while seeking higher returns in the current market climate.

Explore alternative investments like express car washes for income potential and risk diversification.

Invest based on operator expertise, market analysis, and risk mitigation, rather than being influenced by market sentiments or doomsday predictions.

Timeline

[00:40] Intro to Podcast

[02:37]] Intro to episode guest

[03:23] One word that describes Whitney personally and professionally.

[04:36] Could you let people know who you are, what you do?

[11:00] Let’s talk about people who want to get into the real estate space as a passive investor.

[13:40] Not all investors want to be in multifamily or want to be in self-storage and car washes could be an alternative for them. What type of a return is the investor looking for today?

[17:10] What is the current investor sentiment regarding yield expectations and the likelihood of achieving a 20% return in today's market given the prevailing interest rates?

[24:00] How has the technology of dryers in express car washes improved compared to the past, and how does this improvement make it more appealing to use an express car wash instead of a hand car wash?

[28:27] How about self-storage? How much self-storage are you doing? And what markets do you like for self-storage today?

Contact 

Website: passiveinvestingwithwhitney.com

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Kaaren Hall - Knowing Advantages of Self Directed IRA

Key Takeaways

Alternative investments exclude collectibles like art and cars, as well as assets that involve personal use or benefit.

Self-directed IRAs allow individuals to invest in various assets, such as rental properties, without directly benefiting from them or performing any related work.

Short-term rentals, including Airbnb, can be included in an IRA investment, but the tax implications can be complex depending on whether the income is considered passive or active.

Different types of IRAs include traditional, Roth, SEP, simple, solo 401k, and health savings accounts (HSA).

Tax considerations such as UBIT and UDFI may apply to IRA investments and could result in taxes owed, but deductions can help offset the tax liability.

It's important to have a cushion in your self-directed IRA to cover expenses and potential capital calls.

Self-directed IRA providers like uDirectIRA make the investment process easy with dedicated transaction coordinators.

Timeline

[00:42] Intro to Podcast

[02:20] Intro to episode guest

[03:33] One word that describes Kaaren personally and professionally.

[04:02] So let’s talk about your history and how you started uDirect and what you guys do.

[07:34] Kaaren explains what a self-directed IRA is and how people can use it.

[11:16] Let’s talk about the different types of IRAs.

[19:55] What's your experience as a crypto administrator regarding people's investments and ATM machines?

[22:17] How about depreciation? Can you talk about that a little bit? Are you allowed in your self-directed to take a depreciation?

[26:15] Any other new guidelines or rules that are exciting for people that have happened or are going to happen that you know of?

[30:30] What alternative investment options are available for my self-directed IRA when I don't have enough funds for contributions or rollovers, and how can I maximize returns in such situations?

Contact 

Phone: (866) 538-3539

Email: info@udirectira.com

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Brock Vandenberg - Finding the Right Strategy to Apply in Your Business

Key Takeaways

Persistence is key in real estate; success takes time and requires continuous learning, networking, and skill development.

Focus on investing in your local market but be open to opportunities outside if scaling is necessary.

Accessory Dwelling Units (ADUs) have opened up new opportunities for real estate investors in San Diego and other coastal markets.

Talimar Income Fund offers a better strategy for investors by pooling their capital into a diversified portfolio of loans.

Approximately 60% of the investors are retired, and there is a small percentage (7%) of investors with a net worth of $10 million or greater.

The typical investors in our fund are often from the banking or real estate industry.

Having a clear exit strategy and alternative plans is essential for maximizing the performance of real estate assets.

Timeline

[00:39] Intro to Podcast

[02:18] Intro to episode guest

[03:32] One word that describes Brock personally and professionally.

[08:45] Let’s talk about your background a little bit.

[12:51] If banks aren’t lending, where does your capital come from?

[16:04] Brock explains how they educate their investors and why it’s more beneficial as compared to other investments.

[19:22] Brock discusses the difficulties of finding houses in the San Diego market.

[21:27] Let’s talk about your Talimar Income Fund One.

[26:14] What do you tell people today to get them over all the doomsday experts out there that are saying what they are saying?

[32:11] Talk about a couple of the techniques that you use through your company to attract investors and start those conversations with investors.

Contact 

Email: bvandenberg@talimarfinancial.com

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Unveiling Profitable Real Estate Strategies with Agostino Pintus - Mike Morawski

Key Takeaways

Consistency and showing up every day are crucial for success in any endeavor.

Delegating tasks can make your life easier, but it's important to trust and verify the capabilities of the people you delegate to.

Understanding one's own strengths and weaknesses, as well as those of team members, helps in creating a well-rounded team.

The net lease business offers a more stable and consistent monthly cash flow compared to other real estate ventures.

When acquiring properties like CVS or Dollar General, the investor does not absorb an existing tenant or investor base.

The development side of real estate offers significant growth potential and requires focused attention.

Helping others achieve their goals ultimately leads to achieving one's own goals.

Timeline

[00:41] Intro to Podcast

[02:37] Intro to episode guest

[04:10] One word that describes Agostino personally and professionally.

[14:20] Are you buying triple-net deals?

[16:15] What is VCA? So that people understand.

[11:43] Agostino talks about keeping his focus while working on multiple projects.

[20:47] Let's talk about your capital-raising efforts and raising private capital.

[24:20] How do you attract LP investors for capital raising and deal sharing?

[26:26] Talk about where you're meeting people and how you're building your database.

[34:54] Best book you’ve ever read?

Contact 

Website: bulletproofcashflow.com

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