5 Talents Podcast - How To Build Wealth Through Real Estate

Our awesome guest for today is Benjamin Kogut, Partner in Investor Relations at HJH Investments. Prior to commercial real estate syndication, Benjamin was a real estate broker for over 15 years, passionate about helping investors make wise decisions. In this episode, he will break down the process that helped his team acquire over $300 million in assets under management. Benjamin will also talk about a few creative strategies to gain tax advantages from real estate.

Let’s listen to Benjamin and learn more about commercial real estate syndication!

[00:01 - 04:13] Opening Segment

• Let’s get to know Benjamin Kogut
  • Real estate broker for 15+ years
  • Shifted to real estate syndication

[04:14 - 14:25] Going Above and Beyond

• The main thing to consider in real estate brokerage
• The secrets to $300M+ in assets under management
• Learn this real estate advice from Benjamin you can apply now!

[14:26 - 24:00] Not Taking It Personally

• Benjamin breaks down this $27M deal they closed
• Listen to Benjamin’s mentality that you might want to apply too
  • Why a certain level of indifference is okay
• Benjamin gives us a sneak peek at his book!
  • Link below

[24:01 - 32:10] Being Financially Literate

• The 4 rules of cash that Benjamin learned
• How to be financially literate in real estate investing
  • Hear Benjamin’s advice
• Connect with Benjamin. Links below

[32:11 - 39:25] Closing Segment

• Learn these creative tax advantage strategies in real estate
  • Cost segregation
  • Accelerated depreciation
  • Bonus depreciation
• He walks us through his very first real estate deal
• Final words from Benjamin and me

Tweetable Quotes:

“I’m not here to push anybody into a deal. Truly, truly, I’m not. I’m here to educate...” - Benjamin Kogut

“Being financially literate is extremely important as an industry in this business.” - Benjamin Kogut

Resources mentioned:

• William A. Sahlman

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Follow Benjamin on LinkedIn, Facebook, Twitter, and Instagram. Visit HJH Investments and their LinkedIn, Instagram, and Facebook pages.

Guest email: [email protected]

WATCH OUT for his upcoming ebook!

Connect with me:

https://www.5tcre.com/

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You’ll never get to the next level if you don’t step out of your comfort zone. That’s what today’s guest, Jens Nielsen did, and now, he is a successful multifamily real estate investor, coach, and one of my inspirations. Jens moved from Denmark to the US in 1996 and started investing as a KP, then branched out to become a GP acquiring 850 units within four years valued at $50M. Jens is now passionate about enabling people to find success by using targeted strategies that help people build wealth in Multifamily.

Let’s dive in and learn from Jens’ wisdom, practical steps on how to get out of our comfort zone, and remove the golden handcuffs of a safe life, to take the leap into building a legacy.

[00:01 - 07:40] Opening Segment

• Let’s get to know Jens Nielsen
• Jens gives us some background on his story

[07:41 - 12:05] Giving Up the Golden Handcuffs

• Jens talks about the benefits of going into Multifamily vs. managing property
• Jens talks about what it took to make the leap from a steady job into Multifamily

[12:06 - 19:34] Ensuring Success

• Jens shares some of his practices to ensure success
• Advice for passive investors - ask the right questions and educate yourself

[19:35 - 24:00] How to Get Your First Deal

• Jens shares about what it’s like in his market currently
• Jens’ insights on finding the best deals - providing value

[24:01 - 28:56] Step Out of Your Comfort Zone

• Jens’ networking process
• Overcoming anxiety setting up a network

[28:57 - 38:12] Closing Segment

• Connect with Jens - links below
• Jens talks about overcoming some limiting beliefs
• Jens’ education and growth process
• Final words of wisdom from Jens and Me.

Tweetable Quotes:

“What is your time worth?... Is your time worth driving across town to fix a toilet? Is that worth it, versus paying someone else to do it and you can go and focus on work that’s gonna make you $500,000 or $5,000? You gotta think about that.” - Jens Nielsen

“What can I create? What can I do to go out there and create, for me and my family, some sort of legacy?” - Jens Nielsen

“If you want an amazing life, if you want to change, you have to step outside your comfort zone... Whatever your comfort zone is, it only gets you as far as you are; if you want to go to the next level you have to change, you have to grow your mindset.” - Jens Nielsen

Resources:

• Jen’s Free E-book
• Open Doors Capital

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Connect with Jens on LinkedIn. Visit https://jenswnielsen.com/ to learn more.

Guest Email: [email protected]

Connect with me:

https://www.5tcre.com/

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Age is just a number, and our guest for today just proves it. Adrian Salazar, at 25 years old, already accomplished a lot in real estate, highlighted by his current portfolio of almost 9 million dollars in commercial real estate assets.
His investing approach is something that new investors should follow: The more deals you close, the more experience you will gain. How can we close more deals then? By saving the most precious resources we already have.

Tune in now and learn from Adrian the secrets to save yourself time, energy, and money in real estate!

[00:01 - 09:27] Opening Segment

• I introduce Adrian Salazar
• His road to the real estate space

[09:28 - 14:49] Passion and Purpose

• How long before Adrian made his first deal?
• Adrian talks about his passion and purpose

[14:50 - 20:59] Always on the Lookout

• The tactics from single-family that Adrian applies in multifamily
• Don’t miss Adrian’s advice on starting in real estate!
  • 150- or 12-unit? It doesn’t matter
• Listen to Adrian’s approach in real estate right now

[21:00 - 32:43] Time, Energy, and Money

• What does SYSTEM mean for Adrian?
• Here’s Adrian’s advice for passive investors
  • Know who you’re investing with
• The most important asset in real estate

[32:44 - 42:26] Hedge Fund

• Listen to Adrian’s plans to start a hedge fund
• All people should have at least one piece of real estate
• How to find new investors
• The best real estate partners have these qualities

[42:27 - 50:01] Closing Segment

• Connect with Adrian. Links below
• Don’t miss Adrian’s parting words!
• Final words from me

Tweetable Quotes:

“Get in and you’re gonna learn so much. It’s very hard to lose money in real estate. You have to really buy wrong. Even if you break even, you made money.” - Adrian Salazar

“Leverage other people’s projects.” - Adrian Salazar

Resources Mentioned:

• Jim Rohn
• Tony Robbins
• Robert Kiyosaki
• Bob Proctor
• Napoleon Hill
• Devin Elder
• Blackstone
• Zoom
• Secrets of the Millionaire Mind
• The Magic of Thinking Big
• Think and Grow Rich
• How to Win Friends & Influence People
• Rich Dad Poor Dad

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Email Adrian at [email protected] or call him at 210-624-9001. You can also connect with him on social media: LinkedIn, Facebook, Twitter, Instagram, and YouTube. Visit Optimum Buyers to learn more.

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

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Leave us a review and receive your free ebook

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If you're interested in becoming financially independent, this is an episode you won't want to miss. Hunter Thompson is a successful real estate investor, author, and speaker. He has helped hundreds of investors achieve their financial goals. He believes that everyone can become successful in investing, and he offers advice and tips on how to do so. He is not interested in any one specific asset class, but rather believes that any investment can be profitable if done correctly.

[00:01 - 08:34] Opening Segment

• Welcoming Hunter to the show
• Capital allocation, wealth preservation, and passive investing

[08:35 - 18:20] Capital Allocation and the Turbulent Economy

• Whatever business you're in, you can place capital in the right specific set
• How to build an efficient family office
  • Has an infrastructure that helps manage finances, philanthropy, and other investments
• Economic turbulence: increasing interest rates and inflationary pressures

[18:21 - 27:00] Why the Yield Curve is a Predictor of Recessions

• Yield curves slope up and to the right, meaning the further you go out on the X-axis, the higher the return would be
• An economic phenomenon takes place sometimes where people believe that there's so much risk in the short term that people kind of exit the short term bonds
• Inflation: The rich get richer and the poor get poorer

[27:01 - 32:10] Tax-Deferred Sales Trusts and Investing

• The equity multiplier can be increased by inflation and by the debt piece
• The importance of economic data
• Having a competitive edge in the market
• Advice on how to best allocate capital to achieve the best returns

[35:55 - 37:27] Closing Segment

• Connect with Hunter with the links below
• Final words

Quotes:

"inflation is the game where the rich get richer and the poor get poorer." - Hunter Thompson

I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.

Our blueprint to financial freedom is streamlined so you can get going in multifamily commercial real estate investments, fast.

Here’s how:

STEP 1
Join
Start by joining the 5 Talents Investor Club. A community of people just like you who are looking to grow their wealth and achieve their financial freedom.

STEP 2
Learn
Once you join, we'll take some time to learn about you and our goals, and share resources that will help you in your investment journey.

STEP 3
Invest
We'll help you invest passively in multifamily real estate together in a group so you can create passive income and grow your wealth.

STEP 4

Relax
Every investment builds additional streams of passive income getting you one step closer to financial freedom.

You can connect with Hunter through LinkedIn and Instagram.

Connect with me:

www.5talents.capital

LinkedIn

Instagram

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Leave us a review and receive your free ebook

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Today I’m so excited to have with us, The Managing Director of The Fortes Company, John Fortes. John started with one single-family investment then quickly decided he needed to scale, and began syndicating apartment buildings. John now shares his wisdom with busy working professionals who want to invest in real estate but really don’t have the time to commit to finding, acquiring & operating an asset through mentorship and consultation, as well as his Podcast The Passive Investor Show.

Tune in and find out how John secures wealth for his investors by leveraging fund operations.

[00:01 - 09:44] Opening Segment

• I introduce John Fortes
• John gives us some backgrounds

[09:50 - 14:40] Deal Strategies

• John’s advice for people looking to sell
• John talks about what markets he invests in
• John’s strategy going into his early deals

[14:41 - 21:53] The Passive Investor Experience; Securing Wealth

• John breaks down what he means by passive investor experience
• How John gives a good, transparent investor experience
• Balancing diversification and leveraging the operator’s experience

[21:54 - 29:53] The Value of Syndicated Partnerships

• John talks about how to know what fund to go with
• Multiple property investments
• Why go with a fund operation

[29:54 - 33:06] Finding and Giving Value

• John talks about how to become a GP and find partners
• Put yourself out there and figure it out

[33:07 - 40:07] Closing Segment

• How to connect with John - links below
• How John goes about networking
• John’s wisdom for passive investors
• Final words

Tweetable Quotes:

“I leverage the operator’s experience as much as I can. Because at the end of the day, I’m trying to beat inflation, and if another private equity firm can do it way better, faster, and more efficiently than I can, why wouldn’t I leverage that?” - John Fortes

“It’s the two-hand theory: you have one hand to raise yourself up, and another hand to raise someone else up.” - John Fortes

“My goal is to have more funds as I keep going, to be able to help more investors.” - John Fortes

Resources:

• The Passive Investor Show

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Connect with John on Facebook, LinkedIn, Twitter, and Instagram. Visit https://johnfortes.com/ to learn more about how John can help you get into your next deal.

Guest Email: [email protected]

Connect with me:

https://www.5tcre.com/

Facebook

LinkedIn

Instagram

Watch 5T CRE on YouTube

Leave us a review and receive your free ebook

Email us --> [email protected]

Support the show