Retire on Rentals Podcast Por Nicholas Cook arte de portada

Retire on Rentals

Retire on Rentals

De: Nicholas Cook
Escúchala gratis

OFERTA POR TIEMPO LIMITADO. Obtén 3 meses por US$0.99 al mes. Obtén esta oferta.
We educate investors and potential investors on the in's and out's of investing in rental property. We focus on residential and multifamily investing, but include commerical, storage, mobile home parks, and more. We interview industry experts on tax strategies, property management, vendor selection, syndications, capex, and more.2025 Economía Finanzas Personales Gestión y Liderazgo Liderazgo
Episodios
  • Incredible Tools and Strategies for Lowering Your Taxes with Justin Rupple

    Incredible Tools and Strategies for Lowering Your Taxes with Justin Rupple
    Sep 23 2025
    Retire On Rentals Podcast: Episode with Justin Rupple - Incredible Tools and Strategies for Lowering Your TaxesShow Notes:In this insightful episode of Retire On Rentals, host Nicholas Cook interviews Justin Rupple, founder of Elevated Tax Strategies, to uncover powerful tax-saving strategies for real estate investors and business owners. Justin shares his journey from insurance brokerage to specializing in advanced tax strategies, offering a holistic approach to minimizing tax liabilities. From overlooked tax credits like the R&D credit to leveraging entity structures and navigating the new tax bill, this episode is packed with actionable insights to help investors keep more of their hard-earned money. Whether you're a seasoned investor or just starting out, Justin’s expertise and collaborative philosophy provide a roadmap to accelerate your financial goals.Key Topics Covered with Timestamps:Justin’s Background and Journey into Tax Strategy (00:00:45 - 00:05:30): Justin discusses his transition from a health and life insurance broker to founding Elevated Tax Strategies, focusing on helping clients leverage tax credits and strategies that CPAs often overlook.Overlooked Tax Credits and Incentives (00:05:45 - 00:10:15): Justin highlights the Research and Development (R&D) tax credit, explaining its broad applicability, even for non-traditional industries like manufacturing or custom fabrication, and how it’s often missed by CPAs.Entity Structure Optimization (00:10:30 - 00:14:00): Justin explains how dual entity structures (e.g., combining LLCs, S Corps, or C Corps) can maximize tax efficiency, tailored to the specific needs of real estate investors and business owners.Why CPAs Miss Tax-Saving Opportunities (00:14:15 - 00:18:45): Justin delves into the challenges CPAs face in a high-volume, low-margin industry, leading to risk-averse behavior and missed opportunities for clients.Navigating COVID-Era Tax Incentives (00:19:00 - 00:22:30): Justin discusses his firm’s role in helping clients claim Employee Retention Credits (ERC) and other COVID-related benefits, emphasizing the importance of proper documentation.New Tax Bill Opportunities (00:25:00 - 00:31:45): Justin highlights key benefits from the recent tax bill, including the enhanced R&D tax credit, 100% bonus depreciation, increased estate tax exemptions, and qualified small business stock exemptions.Advanced Tax Deferral Strategies (00:31:50 - 00:35:20): Justin explores options like Opportunity Zones and Charitable Remainder Trusts for deferring capital gains, balancing legacy planning with charitable goals.Justin’s Personal Insights and Philosophy (00:35:30 - 00:41:00): Justin shares his “why” (finding opportunities to accelerate clients’ goals), his preference for bourbon over wine, and his guiding principle of the Golden Rule for building trust and collaboration.Memorable Quotes:On Collaborative Opportunities:“There is enough opportunity everywhere for all of us. Whether it be in real estate and tax strategy or whatever it is, opportunities are there. And so if we support each other, if we’re kind to each other, if we’re collaborative, opportunities are gonna find us.”– Justin Rupple on the power of collaboration (00:40:30).On Overlooked Tax Credits:“A lot of business owners, I have to help them understand what qualifies as R&D is actually much broader according to the tax code than what we usually think about in our minds.”– Justin Rupple on the R&D tax credit’s applicability (00:08:00).On CPA Challenges:“When you’re stressed and you got a lot on your plate and you’re feeling overwhelmed, you shift into survival mode… You see opportunities as threatening.”– Justin Rupple on why CPAs may miss tax-saving strategies (00:16:45).On Tax Code Utilization:“There’s nothing in the tax code or even morally that says you’re required to pay more than you legally ought to.”– Justin Rupple on leveraging the tax code ethically (00:34:00).On His Passion for Tax Strategy:“When someone just sees something that seems like work, it seems noxious, and I see opportunity. That brings me to life.”– Justin Rupple on his drive to find tax-saving opportunities (00:38:45). If you enjoyed this episode, please like and subscribe to Retire On Rentals for more insights on optimizing real estate investments and creating passive income. Your engagement helps us bring you better content and top-tier guests like Justin Rupple. Stay focused, stay driven, and start your journey to retire on rentals today!Sponsor:This episode is sponsored by SleepSound Property Management, a leading Portland-based company specializing in multifamily and residential real estate. Visit them at sleepsoundpm.com for help with acquiring, operating, protecting, and selling your properties (00:24:30).Connect with Justin Rupple:Justin is the founder of Elevated Tax Strategies, dedicated to helping clients maximize tax efficiency. Reach out at ...
    Más Menos
    1 h y 7 m
  • From Nuclear Submarines to Commerical Real Estate with Joe Squires

    From Nuclear Submarines to Commerical Real Estate with Joe Squires
    Sep 18 2025
    Retire On Rentals Podcast: Episode with Joe Squires - From Nuclear Submarines to Commercial Real EstateShow Notes:In this engaging episode of Retire On Rentals, host Nicholas Cook sits down with Joe Squires, owner of Admiral Properties, to explore his fascinating journey from an electrician on a nuclear submarine to a successful commercial real estate investor. Joe shares his unique path, practical insights, and strategies for building wealth through real estate, with a focus on commercial properties. From flipping houses in the 1990s to mastering the art of negotiation and leveraging long-term investment strategies, Joe’s story is packed with actionable advice and inspiring anecdotes. Whether you’re new to real estate or a seasoned investor, this episode offers valuable lessons on perseverance, creative financing, and the importance of relationships in the industry.Key Topics Covered with Timestamps:Joe’s Background and Entry into Real Estate (00:00:45 - 00:06:30): Joe discusses his humble beginnings, growing up on food stamps, and how his early career as an electrician led him to flip houses in the 1990s. A pivotal mentorship moment with a seasoned investor introduced him to infill housing, sparking his real estate journey.Transition to Commercial Real Estate (00:12:45 - 00:16:20): Joe explains why he pivoted from residential to commercial properties, citing simpler tenant dynamics and fewer regulatory challenges compared to residential real estate.Negotiation and Financing Strategies (00:29:10 - 00:33:50): Joe shares his approach to owner-financed deals, emphasizing the importance of face-to-face negotiations and understanding the seller’s priorities to create win-win scenarios.Long-Term Investment Philosophy (00:20:15 - 00:24:00): Joe and his wife focus on buying, remodeling, and holding properties for long-term appreciation, often taking advantage of zoning changes and market shifts.Tax and Legacy Planning (00:24:30 - 00:27:45): Joe discusses using cost segregation for accelerated depreciation and setting up a generational skip trust to preserve wealth for his children.Lessons from Mentorship and Networking (00:18:50 - 00:20:10): Joe highlights the value of his involvement in the Entrepreneurs’ Organization (EO), where peer insights have shaped his approach to real estate and business.Personal Insights (00:35:20 - 00:40:15): From his love for collecting football cards to his passion for revitalizing neighborhoods, Joe shares what drives him outside of work and his preference for bourbon over wine.Memorable Quotes:On the Joy of Real Estate Development:“I really love saying yes to contractors. I love taking a crappy old building, you know, fixing it up, turning it into something that's viable, that revitalizes a part of town. What is it? A third of the economy is construction.”– Joe Squires on the economic and community impact of real estate (00:32:10).On Learning from Mentors:“He was like, that’s the problem. Most people are too busy working and they don’t have enough time to learn something that could make them wealthy.”– Joe Squires recalling advice from his mentor Dan Jones, which inspired him to take a leap into real estate (00:06:00).On the Simplicity of Commercial Real Estate:“Commercial is much more business. I mean, you don’t pay, rent’s due on the first, late on the fifth. If by the fifteenth, you start accruing penalties, it’s not a habitability thing.”– Joe Squires on why he prefers commercial over residential properties (00:14:30).On Negotiation as a Rubik’s Cube:“It’s like a Rubik’s cube of debt and equity… How much money down do you need? How long can you carry it? What interest rate? It’s not about ripping anyone off; it has to be a win-win.”– Joe Squires on the art of negotiating owner-financed deals (00:31:00).On Generational Wealth:“Every family should have property… You work your whole life to pay off a house and own it. And then the problem is you pass away and your three kids sell it, remodel their kitchen, go to Disneyland, or buy a boat. An entire lifetime of assets are poof.”– Joe Squires on the importance of preserving wealth through a generational skip trust (00:26:50). If you enjoyed this episode, please like and subscribe to Retire On Rentals for more insights on optimizing real estate investments and creating passive income. Your engagement helps us bring you better content and top-tier guests like Joe Squires. Stay focused, stay driven, and start your journey to retire on rentals today!Sponsor:This episode is sponsored by SleepSound Property Management, a leading Portland-based company specializing in multifamily and residential real estate. Visit them at sleepsoundpm.com for help with acquiring, operating, protecting, and selling your properties (00:28:00).Connect with Joe Squires:Joe is the owner of Admiral Properties, a commercial real estate firm focused on revitalizing properties and creating long-term...
    Más Menos
    59 m
  • Hard Money & High Stakes with Ryan Morell of Rain City Capital

    Hard Money & High Stakes with Ryan Morell of Rain City Capital
    Jul 22 2025
    Hard Money & High Stakes with Ryan Morell of Rain City CapitalEpisode Description:In this dynamic episode of Retire On Rentals, host Nicholas Cook chats with Ryan Morell, Sales Director at Rain City Capital, a lender bringing a fresh approach to real estate investing. Ryan shares his journey from banking to mastering foreclosure auctions and hard money lending, offering unique solutions for investors. We explore Rain City’s focus on non-owner-occupied deals, mutual success philosophy, and creative strategies like cash-as-collateral loans. Whether you’re a newbie or seasoned investor, this episode unpacks how to leverage bridge financing, navigate foreclosures, and grow your portfolio in 2025. Tune in for actionable insights to retire on rentals!Key Topics & Timestamps: 00:00 - IntroductionNicholas Cook welcomes listeners to Retire On Rentals and introduces Ryan Morell, Sales Director at Rain City Capital, highlighting their unique investor-focused approach. 01:30 - Ryan’s Origin StoryRyan shares how he “fell into” real estate in 2011, leaving a bank job to become a liaison for investor groups bidding at foreclosure auctions, igniting his love for the fast-paced field. 04:00 - Rain City Capital’s Investor PoolLearn about Rain City’s focus on non-owner-occupied deals—fix-and-flips, rental purchases, and bridge financing for distressed properties. 07:15 - Mutual Success PhilosophyRyan explains how Rain City prioritizes long-term relationships, ensuring clients’ success fuels their own, with some partnerships spanning nearly 15 years. 10:30 - Flexibility for ClientsDiscover how Rain City’s in-house underwriting offers flexibility—extending timelines, guiding newbies, and being honest about deal viability to foster mutual wins. 14:00 - Ideal ClientsFrom first-time family flippers to seasoned contractors and realtors, Ryan details who thrives with Rain City, emphasizing the value of trusted teams. 18:00 - Underwriting ApproachRyan unpacks a simple, experience-based guideline: tighter terms for beginners, better rates and leeway for veterans, guiding all to success. 21:30 - Turnaround TimeSpeed is key! Rain City closes in days for experienced clients or about a week to 10 days for newbies, especially in competitive pre-foreclosure deals. 25:00 - Foreclosure Auction ModelA unique edge: Rain City bids at auctions with cashier’s checks, lends the funds, and secures the deal, breaking barriers for investors. 29:00 - Due Diligence for AuctionsRyan reveals their process—driving properties, checking titles with multiple companies, and managing risks like liens or burnt-down homes. 34:30 - Multifamily LendingRain City funds smaller multifamily projects for acquisition or ground-up, connecting clients to partners for bigger deals. 38:00 - Loan Origination & GrowthRyan discusses holding loans, selling to note buyers, and record-breaking growth ($523-527M in 2024 originations) via securitizations. 43:00 - Market Challenges & GrowthDespite turbulent rates, Rain City thrives in the investment space, adapting through 2020 and beyond with consistent growth. 47:30 - Sponsor BreakA word from Sleep Sound Property Management, Portland’s top-rated firm for multifamily and residential real estate. Visit sleepsoundpm.com. 48:30 - Cash-as-Collateral StrategyRyan explains this creative twist: record loans at 100%, hold the down payment as collateral, and return it upon refinance—boosting cash-on-cash returns. 53:00 - Lending RegionsRain City operates short-term loans in 16 states (Puget Sound, Oregon, Texas, etc.) and DSCR loans in 43, always expanding strategically. 57:00 - Interest Rates ImpactRates affect cost of capital, but Rain City prioritizes relationships, offering competitive 10% loans despite market shifts. 60:30 - 2025 OpportunitiesRyan sees growth potential—hold properties, build equity, and look Midwest or South, with Rain City connecting clients to resources. 64:00 - Loan Volume & CultureA milestone $523-527M funded in 2024, driven by a rock-star team and a family-like culture with rigorous hiring for fit. 68:30 - Advice for InvestorsRyan urges: don’t fear real estate! Education (e.g., BiggerPockets) and hard money’s leverage make it accessible—be conservative, but take the leap. 72:00 - Rapid-Fire Q&A Dinner with anyone? John Daly, the unconventional golfer, for a fun, unique chat. Whiskey or wine? Whiskey—Jameson, versatile and middle-of-the-road. Right career? Ryan loves people, puzzles, and watching clients grow, with golf and flexibility as bonuses.77:00 - Closing ThoughtsNicholas thanks Ryan for sharing Rain City’s vision. Stay focused, stay driven, and retire on rentals!Guest: Ryan Morell: Sales Director at Rain City Capital, a 15-year veteran of hard money lending, foreclosure auctions, and investor partnerships. From banking to building wealth, Ryan’s passion for relationships and creative solutions drives ...
    Más Menos
    47 m
Todavía no hay opiniones