PDX Real Estate EP160: The Interworkings Of A Winning Real Estate Portfolio With Rob Levy And Dirk Zeller

You've heard the saying "multiple streams of income," but what
about multiple streams of passive income? 


Real estate offers a variety of options, from single-family homes
to apartment buildings, and today we're joined by two experts to
break it all down.


Dirk Zeller, CEO of Real Estate Champions, has experience with
all types of real estate investments, from single-family homes to
small plexes, apartments, and commercial properties.


Rob Levy, who has been in the real estate business since 1988, is
brilliant with his investing strategy and knowledge. Some of the
earliest advice he received was that you can make a lot of money
selling real estate, but you can make more investing in real
estate.


We dive into real estate investment strategies from every angle,
including single-family homes, multi-family homes, and commercial
investments.


While cash flow is crucial, we also explore the significant tax
savings and depreciation benefits that come with strategically
structured investments.


Our experts break down concepts like cost segregation, explaining
how it allows for a large one-time depreciation deduction that
can substantially reduce taxable income for real estate
professionals.


We compare the pros and cons of investing in certain properties.
Single-family homes may offer better appreciation, while
multifamily properties can provide more consistent cash flow and
lower acquisition costs per unit.


No discussion would be complete without tackling tenant and
property management along with location strategies.


We explore the benefits of using self-directed retirement
accounts (SDRAs) for real estate investments, showing how
investors can defer taxes and potentially grow wealth tax-free.


Our experts also shed light on partnering strategies, obtaining
non-recourse loans, and navigating IRS regulations to ensure
compliance.


We discuss market insights, from tax laws to managing
investments, including practical advice for new and seasoned
investors.


This podcast provides a comprehensive overview of real estate
investment strategies, emphasizing the importance of education,
strategic planning, and leveraging tax benefits.


Join us as we unpack these critical topics and more with Dirk
Zeller and Rob Levy. This is an episode you won't want to miss!


 


Key Takeaways


Real estate investment strategies vary, with both single family
and multifamily properties offering unique advantages.


Understanding local market laws and having a solid investment
strategy is crucial for success.


Significant tax benefits, including mortgage interest deductions
and cost segregation, can reduce taxable income.


Single Family homes often appreciate more, while multifamily
properties provide consistent cash flow.


Selfdirected retirement accounts (SDRAs) offer tax deferred or
tax free growth for real estate investments.


Having local market knowledge and a proactive approach helps in
finding and managing profitable investments.


Diversification in investment properties can provide stability
and enhance long term returns.


Leveraging properties and scaling investments are essential
strategies for building wealth.


Challenges in real estate investment include tenant management,
property maintenance, and market fluctuations.


Understanding Section 8 housing benefits and drawbacks can impact
investment decisions.


Building a real estate business, living below your means, and
having access to financing are key to successful investment.


Investing in properties outside your local area requires reliable
property management and local expertise.


Finding the right deal and being willing to invest despite minor
cost differences can lead to long term success.


House hacking and partnering with others can be effective entry
strategies for new investors.


Utilizing property management teams and continuously educating
oneself on real estate strategies are vital.


Buying properties with the potential for appreciation and
maintaining flexibility in investment approaches are recommended.


The importance of scaling investments to achieve financial
independence is emphasized.


Courses and books on real estate investment can provide valuable
knowledge and skills.


Self-Directed IRA accounts and understanding their regulations
can significantly enhance investment opportunities.


 


Connect with Joe


Soldera Properties


Joe on LinkedIn


 


Connect with Steve


Steve’s Team at Premiere Property Group


Steve on LinkedIn


 


Connect with Rob


The Rob Levy Team


Rob Levy LinkedIn


 


Connect with Dirk


Real Estate Champions


Dirk Zeller LinkedIn


 


Resources


PDX Real Estate Ep155: Unpacking Nar Developments—With Rob Levy