Journey to Multifamily Millions

Active vs. Passive Investing: Strategies for Long-Term Wealth with George Roberts, Ep 125

Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on property investing! George Roberts is the Founder of Roberts Capital Enterprise and host of his own podcast, “The Foundery.” George makes a comeback to the program to talk about how he got his start in real estate as an unintentional landlord during the Great Recession and how he moved into multifamily ventures. The discussion explores the differences between single-family and multifamily properties, the significance of tenant and market research, and the value of asset management as opposed to just property management.  George discusses how to remain resilient in the face of market fluctuations, the realities of both active and passive investing, and the evolving patterns in commercial real estate markets. He also offers his own thoughts on using smart investing to become financially independent and free of time constraints. It is advised that listeners make use of their resources, concentrate on learning from several investments, and strive for consistent, dependable results. Episode Topics [01:17]  Meet our guest, George Roberts [02:47] Why Multifamily Investments? [05:18] Property Management vs. Asset Management [08:07] Challenges in Real Estate Investing [09:28] Active vs. Passive Investing [20:25]  Market Shifts and Investment Strategies [33:30] What is one red flag every investor should look out for? [34:43] What is a myth about the real estate business? [36:25] Connecting with George Notable Quotes * "Find out what tenants want before adding expensive amenities." – George Roberts * "Skipping single-family can fast-track your way into multifamily investing." – George Roberts * "Owners see problems from a higher level than property managers." – Tim Little * "One deal won’t make you financially free—expect a long-term pipeline." – Tim Little * "The real goal is doing what you want with your time." – George Roberts * "Investor education is crucial when market conditions and opportunities shift."– Tim Little 👉Connect with  George Roberts * LinkedIn: George Roberts [https://www.linkedin.com/in/georgerobertsiii/] * Website: Roberts Capital Enterprises [https://robertscapitalenterprises.com/] * Book: Passionate Living through Investing [https://robertscapitalenterprises.com/book/] * Email: george@robertscapitalenterprises.com [george@robertscapitalenterprises.com]  👉 Connect with Tim * Linkedin: Tim Little [https://www.linkedin.com/in/timklittle/] * Instagram: @tim_at_zana [https://www.instagram.com/tim_at_zana/] * Email: tim@zanainvestments.com [tim@zanainvestments.com] * Visit www.ZANAinvestments.com [http://www.zanainvestments.com/] for more info on Tim and how you can passively invest in multifamily real estate * Get your Passive Investor's Cheat Sheet [https://www.zanainvestments.com/passive-investor-ebook] FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497 [https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497]

From Land-Flipping Profits to Longer-Term Wealth From Multifamily with Jack Bosch, Ep 124

Welcome to the Journey to Multifamily Millions podcast, where we hear about investors' journey to financial independence through commercial real estate! Jack Bosch is an expert land flipper and founder of Landprofits and, his successful coaching program, the Land Profit Generator System.  Jack provides insights into his experiences with land deals, the significance of learning and adapting to market changes, and his pivot to multifamily investments as a strategy for creating long-term wealth. The conversation also touches on the importance of holistic success and the challenges faced in different asset classes.  This episode will be a valuable resource for anyone interested in land investing, diversifying their real estate portfolio, and filling in the gaps in their financial education. Jack shares his unique journey from being an immigrant to the United States to becoming a successful land investor. Episode Topics [01:27]  Meet our guest, Jack Bosch [03:37] Discovering the Land Flipping Strategy [13:04] Understanding the Market and Buyers [27:45] Scaling Up: From Single to Multifamily [32:29] Adapting to Market Changes [36:18] Balancing Multiple Ventures [40:35] What is one red flag every investor should look out for? [41:34] What is a myth about the real estate business? [46:09] Connecting with Jack Notable Quotes * "People sell land at discounts due to life changes like divorce." – Jack Bosch * "Real estate offers financial abundance, especially when done right and part-time." – Jack Bosch * "Schools teach you to get by, not how to build wealth." – Tim Little * "Your first deals can give false confidence; not all are that easy." – Tim Little * "Seller financing creates long-term cash flow with attractive terms." – Jack Bosch * "House flippers often make money but encounter tax problems." – Tim Little 👉Connect with  Jack Bosch * LinkedIn: Jack Bosch [https://www.linkedin.com/in/jack-bosch-a923b59/] * Website: Land Profit$ [https://www.landprofitgenerator.com/] * Podcast: The Jack Bosch Show [https://secure.landprofitgenerator.com/the-jack-bosch-show] * Telephone: 1-(602)-712-0175 👉 Connect with Tim * Linkedin: Tim Little [https://www.linkedin.com/in/timklittle/] * Instagram: @tim_at_zana [https://www.instagram.com/tim_at_zana/] * Email: tim@zanainvestments.com [tim@zanainvestments.com] * Visit www.ZANAinvestments.com [http://www.zanainvestments.com/] for more info on Tim and how you can passively invest in multifamily real estate * Get your Passive Investor's Cheat Sheet [https://www.zanainvestments.com/passive-investor-ebook] FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497 [https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497]

Why Who You Take Tax Advice From Matters with Carlos Samaniego, Ep 123

Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on property investing! Carlos Samaniego is the founder of Tax Debt Consultants and best-selling author of “How To  Make the IRS an Offer They Can’t Refuse.” Carlos talks about his experiences working as a medic in the US Army, a paramedic, a mortgage lender, and finally, as a tax settlement specialist. Tim and Carlos discuss the value of financial literacy, the dangers of receiving incorrect tax advice via social media, and helpful advice for independent contractors, especially in the real estate industry. Carlos stresses the importance of hiring a bookkeeper, tracking business mileage, and keeping personal and corporate finances separate. He also discusses how people get into trouble claiming real estate professional status without understanding the requirements. The discussion provides a ton of information on avoiding tax issues and what to do if you find yourself in trouble. Episode Topics [01:22]  Meet our guest, Carlos Samaniego [02:30] The Tax Problem Unfolds [06:10] Starting a Tax Consulting Business [08:10] Importance of Financial Literacy [14:29] Tax Issues in Real Estate Investments [31:19]  Self-Employed Tax Tips [37:24] What is one red flag every investor should look out for? [37:45] What is a myth about the real estate business? [39:03] Connecting with Carlos Notable Quotes * "Before you get married—or invest in real estate—do a credit check and a tax history summary. It’s key to avoid future surprises." – Carlos Samaniego * "Financial literacy is a huge problem in our education system. If you don’t seek it out, you just stumble along until you screw up and ask for help." – Tim Little * "Nobody wants to be audited, but the key is to avoid red flags and have a professional on your side so you don’t have to deal with it in the first place." – Tim Little * "Hire a bookkeeper—they’ll save you money and prevent bigger financial issues later." – Carlos Samaniego * "A separate account makes taxes and bookkeeping much easier to manage." – Carlos Samaniego * "If you’re an active real estate investor, find a CPA with experience in your field—they’ll know the nuances that matter." – Tim Little 👉Connect with  Carlos Samaniego * LinkedIn: Carlos Samaniego [https://www.linkedin.com/in/carlossamaniego/] * Website: Tax Debt Consultant [https://www.taxdebtconsultant.com/] * Book: "How To Make The IRS an Offer They Can't Refuse." [https://taxdebtbook.com/taxdebtbook-page-9850] * Telephone: 909-570-1103 👉 Connect with Tim * Linkedin: Tim Little [https://www.linkedin.com/in/timklittle/] * Instagram: @tim_at_zana [https://www.instagram.com/tim_at_zana/] * Email: tim@zanainvestments.com [tim@zanainvestments.com] * Visit www.ZANAinvestments.com [http://www.zanainvestments.com/] for more info on Tim and how you can passively invest in multifamily real estate * Get your Passive Investor's Cheat Sheet [https://www.zanainvestments.com/passive-investor-ebook] FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497 [https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497]

From Resilience to Real Estate: Srey Rollins on Empowering Investors and Creating Wealth, Ep 122

Welcome to the Journey to Multifamily Millions podcast, where we hear about investors' journey to financial independence through commercial real estate! Srey Rollins is a Principal and Managing Partner at Aisling Investment Group, where she oversees operations and acquisitions. Srey talks about her remarkable experience as an immigrant and how she grew in the real estate space from single-family homes to fix and flips to a growing commercial multifamily investment firm.  Srey wasn’t afraid to talk about the psychological aspects of investing, like "money traumas," which can hold investors back from embracing opportunities.  Srey highlights the need to establish connections, educate, and empower investors to leave a lasting legacy. She also introduces Aisling's future forays into loans and other real estate specialties. Listen for enlightening conversations on mentality, conquering financial anxieties, and reaching financial independence. Episode Topics [01:16]  Meet our guest, Srey Rollins [03:23] Learning and Growing in Real Estate [08:15] First Commercial Multifamily Deal [13:08] Challenges and Staying Motivated [19:58]  Empowering Investors and Financial Literacy [23:44] Future Plans and New Ventures [29:51] What is one red flag every investor should look out for? [30:58] What is a myth about the real estate business? [33:56] Connecting with Srey Notable Quotes * "No matter how hard I worked or how well I did my job, there was always something out of my control." – Srey Rollins * "I moved from using my own money to using other people’s money to invest, raising my financial IQ in the process." – Srey Rollins * "You can learn while you earn—either pay for coaching or invest as an LP and gain knowledge while getting returns on your investment." – Tim Little * "Skills from single-family investing can carry over to multifamily, but you need to adapt and build a team for larger projects." – Tim Little * "People must be willing to raise their financial IQ and step away from fear to explore something new. That's when real growth happens." – Srey Rollins * "You can’t keep doing the same type of product forever. The market changes, and you have to assess and adjust—whether it’s ground-up development or other assets." – Tim Little 👉Connect with  Srey Rollins * LinkedIn: Srey Rollins [https://www.linkedin.com/in/srey-rollins/] * Website: Aisling Investment Group [https://aislinginvestmentgroup.com/home] * Email: info@aislinginvestmentgroup.com [info@aislinginvestmentgroup.com]  * Telephone: (612) 868-8669 👉 Connect with Tim * Linkedin: Tim Little [https://www.linkedin.com/in/timklittle/] * Instagram: @tim_at_zana [https://www.instagram.com/tim_at_zana/] * Email: tim@zanainvestments.com [tim@zanainvestments.com] * Visit www.ZANAinvestments.com [http://www.zanainvestments.com/] for more info on Tim and how you can passively invest in multifamily real estate * Get your Passive Investor's Cheat Sheet [https://www.zanainvestments.com/passive-investor-ebook] FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497 [https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497]

Why Land Might be the Key to Unlocking Your Financial Freedom with Mark Podolsky, Ep 121

Welcome to the Journey to Multifamily Millions podcast, where we speak with professionals on property investing! Mark Podolsky is the author of “Dirt Rich,” the ultimate guide to investing in land and the owner of Frontier Properties, where he has been buying and selling land full-time since 2001.  Mark discusses how he went from being a burned-out investment banker to becoming a successful full-time land investor. He explains his profitable land-flipping strategy and emphasizes the value of building a volume business with appropriate automation, systems, and procedures.  In addition, he dispels myths regarding land investing, explains how he manages risks, and discusses his philosophy and personal roadmap to success. Mark provides priceless guidance for anyone interested in the specialized market of raw land investments, including tips on how to get started, pick the ideal property, and deal with competition. He also discusses his path into coaching, highlighting the immense fulfillment he gets from assisting others in achieving financial independence. Episode Topics [01:21]  Meet our guest, Mark Podolsky [06:43] The Land Flipping Model Explained [13:28] Automating the Land Business [19:47] Accessing County Information [20:50] Finding Tax Delinquent Properties [22:03]  Leveraging Virtual Assistants [28:52] What is one red flag every investor should look out for? [29:29] What is a myth about the real estate business? [31:13] Connecting with Mark  Notable Quotes * "Even if I couldn’t sell the land, it wouldn’t clutter my garage or lose value. It lasts forever, doesn’t need maintenance, and can’t be destroyed." – Mark Podolsky * "I outsource due diligence to verify ownership, back taxes, and title before closing." – Mark Podolsky * "It’s about stacking different notes to build monthly income, especially when you’re free and clear of the original investment early on." – Tim Little * "The biggest risk with hard-to-sell properties is paying the property taxes yourself, but other fees are minimal." – Tim Little * "For sourcing and deal flow, it’s about leveraging systems, automations, and outsourcing key tasks like due diligence to stay efficient." – Tim Little * "My mission is to help as many people as I can solve their money and time problems, without creating another job for themselves." – Mark Podolsky 👉Connect with  Mark Podolsky * LinkedIn: Mark Podolsky [https://www.linkedin.com/in/thelandgeek/] * Website: The Land Geek [https://www.thelandgeek.com/] * Book: Dirt Rich [https://landgeek.samcart.com/products/dirt-rich?source=website] * Telephone: 888-620-6742 👉 Connect with Tim * Linkedin: Tim Little [https://www.linkedin.com/in/timklittle/] * Instagram: @tim_at_zana [https://www.instagram.com/tim_at_zana/] * Email: tim@zanainvestments.com [tim@zanainvestments.com] * Visit www.ZANAinvestments.com [http://www.zanainvestments.com/] for more info on Tim and how you can passively invest in multifamily real estate * Get your Passive Investor's Cheat Sheet [https://www.zanainvestments.com/passive-investor-ebook] FREE Subscribe, Rate, and leave a review here 🌟 https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497 [https://podcasts.apple.com/us/podcast/journey-to-multifamily-millions/id1634643497]