Chris Long, the founder of Long Yards, shares his unique approach to self-storage investing. Long Yards focuses on providing storage solutions for businesses, particularly those with heavy equipment. Chris discusses how he determines demand for this type of storage, the stickiness of the business model, finding opportunities through new development or existing facilities, underwriting and expenses, lease agreements and tenant management, dealing with non-paying tenants, financing options, and balancing work and family life. He also emphasizes the importance of mindset and personal growth in bu ..read more

How can you use real estate investing to break free from the 9-to-5 job and focus on your passion?   Host Taylor Loht interviews Zach Schnall, AKA DJ Bander, to share how he used his real estate portfolio to focus on his true passion: music. Zach shares his journey of utilizing union wages and early business success to save and invest in real estate, ultimately enabling him to dedicate his time to creating and performing music. Throughout this episode, Zach opens up about the strategies and systems he employed to build and manage his real estate portfolio without it becoming a distraction ..read more

How can you build a successful land investing business that allows you to take vacations and step away from the day-to-day operations?   In episode 716, host Taylor Loht interviews Dan Haberkost, a young land investor who has built a business that enables him to do deals from a distance and take extended vacations. Dan shares his journey, starting at the age of 21, and discusses his approach to land investing. He explains how he focuses on interesting land deals in the Southeast, building teams and systems that allow him to step away from the business. Throughout the conversation, Dan sha ..read more

Taylor discusses the importance of eliminating distractions and staying focused on our goals. He shares his personal experience with implementing a system to eliminate digital distractions and the challenges he faced. Taylor emphasizes the need to restart and recommit to the elimination of distractions to maintain focus. He also highlights the negative impact of engaging with content that focuses on the problems in the world and encourages listeners to focus on the positive and the things they can control. Taylor concludes by encouraging listeners to build a system that eliminates negative inf ..read more

How can you use your unique strengths to succeed in real estate investing, despite starting with limited funds?   In episode 714, host Taylor Loht sits down with Stephanie Cabral to talk about her journey from being an underemployed attorney to building a $3 million real estate portfolio as an accidental investor. Stephanie shares how she used the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to build her portfolio, focusing on value-added improvements and creative financing techniques. She also shares her tips for managing properties remotely and the importance of building systems ..read more

What are the biggest risks when dealing with foundation issues, and how can real estate investors avoid expensive problems?   In episode 712, host Taylor Loht sits down with Bob Brown, a foundation repair expert who built a successful foundation repair business and invested in residential and commercial properties along the way. Bob shares how investors can arm themselves with knowledge when dealing with potential foundation issues and foundation contractors. He emphasizes the importance of seeking the advice and guidance of an independent, forensic engineer before approaching contractors ..read more

How can preferred equity deals help developers navigate the current real estate market challenges while offering attractive returns to investors?   In episode 711, host Taylor Loht welcomes Darin Davis, a real estate investor who has successfully executed transactions approaching $1 billion through his investment firms. Darin shares his perspective on the current real estate market and how preferred equity deals can benefit both developers and investors. He talks about the challenges developers face in the current market, including rising interest rates, falling valuations, and reduced lo ..read more

Summary In this episode, Taylor discusses the book 'Crucial Conversations' and its impact on his personal and business life. He emphasizes the importance of dealing with others effectively and provides tools for navigating crucial conversations. The first tool is recognizing when a conversation is becoming crucial and taking the opportunity to bring down the temperature. The second tool is asking three important questions: what do I want for myself, what do I want for others, and what do I want for the relationship. Taylor concludes by encouraging listeners to practice these tools consistentl ..read more

What strategies can real estate investors use to successfully transition from investing in single-family homes to commercial properties?   In episode 709, host Taylor Loht sits down with Adam Craig, the founding member of CLE Real Estate Group, to discuss his journey from single-family investing to non-residential commercial real estate. Adam shares valuable insights on how he navigated the challenges of transitioning to office and retail properties, the importance of aggressive marketing, and the advantages of managing commercial properties compared to residential ones. Throughout the co ..read more

Zachary Jensen, a tax expert and real estate investor, joins us to talk about tax-advantaged retirement accounts, specifically the IRA and Roth IRA. They discuss the basics of the IRA, including contribution limits and deductions. They also explain the differences between Roth and traditional IRAs, highlighting the tax advantages of the Roth IRA. The conversation then delves into the backdoor Roth IRA strategy for higher income earners and the mega backdoor Roth IRA strategy, which allows for larger contributions. They discuss the tax implications of these strategies and the importance of cons ..read more