The Deal Scout

Josh Wilson

Are you looking to invest in businesses, maybe buy businesses or commercial real estate? Would you like to learn from expert deal makers how to find and execute a variety of different deals? How about learning wisdom and knowledge from the mistakes others have made so that you do not make the same costly mistakes? Then you may want to listen in on The Deal Scout podcast. The Deal Scout provides in-depth interviews that go into great detail about the people and companies involved in a deal. Hear directly from experts on how they work, what goes into creating a deal, and where they see investment opportunities going in the future. This isn’t your traditional business podcast. Whether you’re looking to be a dealmaker yourself someday or just want to learn how they do it, The Deal Scout can give you the inside information you need to get started. Learning how to do deals is tough, but The Deal Scout makes it easier. Each week we interview experts who are actively doing deals, but also those who have made their mark on the industry. Whether you’re looking to get into the business or just want to learn from the pros, The Deal Scout has you covered. With in-depth interviews and real-world advice from people already working in this field, there’s no other place for you to get the inside scoop on investment opportunities.Our host, Josh is a serial entrepreneur and investor with over 20 years of experience putting deals together. He has worked with investment groups (family office, venture capital, private equity, hedge fund, angel investors, spacs, and investment bankers) and has advised entrepreneurs and leaders from startups to publicly traded companies. He has helped build tech companies, worked with capital raisers and investor relations, has grown construction and real estate companies, and built and sold media brands. Along the way, he has launched over 10 internet talk shows/podcasts conducting over 1,000 interviews and hitting the top of iTunes charts and top 5% global popularity with our impact show.Along the way, he has built a platinum Rolodex and a network of investors and influencers. To him, relationships are key in an entrepreneur's journey. The reason we launched The Deal Scout is to connect with powerful deal makers, create deal opportunities, educate ourselves and the audience, and to capture wisdom from our guests.Other questions and topics we discuss on this show: What is venture capital?Is venture capital private equity?Venture capital vs Angel investorsWhat is private equityPrivate equity real estateReal estate investmentWhich businesses should I invest inCommercial real estate investingHedge fund investingHow to invest in startups?How to begin a startup?What startups to invest in?How to find investment opportunities?Biggest mistakes when making a dealHow to sell your home?How to buy businessesCrowdfunding for real estateCrowdfunding for equityHow to get a grantHow to raise venture capital fundingHow to sell your businessHow to start a dealHow to close a dealShould I Crowdfund?How To Invest In Local BusinessesHow to find capital for acquisitionsDifference between growth and scalingSelling a family businessBuying contractsReal estate NFTsWhat is a spac?Should I make my business public?If you have a deal or are looking for a deal, head over to https://www.thedealscout.com/ and fill out the contact form to get in touch with our team.

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Buying and Selling Notes with Brett Burky
Nov 22 2023
Buying and Selling Notes with Brett Burky
I'm thrilled to share with you the highlights of my recent podcast episode where I had an enlightening conversation with Brett, the brain behind Paperstac. We delved into the fascinating world of buying and selling debt, and I'm sure you'll find it as intriguing as I did.Paperstac - A Game Changer: Brett's company, Paperstac, is revolutionizing the debt market. From mortgage debt to business loans, they've got it all covered. With over 15,000 users and a successful YouTube channel, they're making waves in the industry.Innovation at its Best: Paperstac is working on a feature called Paper Price Predictor. This tool will make the process of trading notes faster and more efficient, saving days or even weeks of time for larger trades.Why Sell a Note?: Brett explained the concept of the velocity of capital - the ability to turn money over multiple times in a year. Selling a note can provide immediate access to cash, fund other investments, or pay off debts.Investment Opportunities: Brett shared that note prices on Paperstac range from a few thousand dollars to as high as $43 million. The best part? You don't need to be an accredited investor to buy notes.Trust and Security: Paperstac has created a system to protect buyers' interests, ensuring a safe and secure transaction process.The Future of Paperstac: Brett revealed their plans to develop a white label product and simplify their software. They're also working on interactive video scenarios for their academy to educate users about note buying and selling.Engaging with the Audience: Many of their YouTube episodes are based on audience questions, making their content highly relevant and engaging.Enterprise Product: Paperstac's upcoming enterprise product will help organize and index documents for large transactions, saving time for sellers and buyers.I encourage you to reach out to Brett if you're interested in selling or valuing your debt. And don't forget to tune into the podcast to hear our full conversation.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Portfolio Performance Software with Jeri Frank
Nov 3 2023
Portfolio Performance Software with Jeri Frank
I'm thrilled to share with you the highlights of my recent podcast episode where I had the pleasure of interviewing Jeri, the brain behind the innovative technology and software platform, Stratafolio.Stratafolio, a name symbolizing the different strata of an organization, is a game-changer for companies owning and managing commercial real estate. If you're a small to midsize business owner using QuickBooks and seeking a comprehensive solution for managing your retail, office, warehouse, or industrial properties, this episode is a must-listen!We delved into the importance of multi-year leases and lease escalations, a crucial aspect often overlooked, leading to lost revenue. Stratafolio is designed to keep track of these escalations, ensuring tenants are aware of any price increases or changes in the lease agreement.We also discussed the current, often inefficient, methods of managing leases, which typically involve spreadsheets and manual tracking. Stratafolio offers a standardized operating system that streamlines the process, reducing the risk of errors, especially when dealing with a large number of leases.Jeri shared her journey of identifying a need for portfolio performance tracking in the real estate industry, leading to the development of Stratafolio. Despite challenges, they've achieved significant milestones, managing over $6 billion in assets and serving customers across the United States and Canada.We touched on the challenges of being a woman in the tech and commercial real estate industries, the importance of customer feedback, and the role of their network in shaping their product.Looking ahead, Stratafolio is expanding to provide more benchmarking and data for owners to operate and react quickly to portfolio insights. They're targeting the small to midsize owner operators who make up a significant portion of the commercial real estate industry.We also discussed the importance of succession planning, a topic often overlooked but crucial for the continuity of businesses. Stratafolio can play a significant role in managing commercial real estate and ensuring a smooth transition during uncertain times.To learn more about Stratafolio, you can connect with Jeri through the company's website or contact her directly.I hope this episode sparks your curiosity and encourages you to explore innovative solutions like Stratafolio for managing your commercial real estate.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Income Over Yield with Patrick Nessenthaler
Oct 30 2023
Income Over Yield with Patrick Nessenthaler
I'm thrilled to share with you some highlights from my recent podcast episode where I had an engaging conversation with Patrick, a seasoned professor of commercial real estate finance and the founder of his own consultancy.The Hustle of Real Estate: Patrick's journey in the real estate business is nothing short of inspiring. With two decades of experience, he's seen it all - from mastering the income aspect of deals to understanding how to put debt and equity together. His story is a testament to the fact that every day in real estate is different and exciting, with new deals and opportunities constantly arising.The Power of Dry Powder: In our volatile real estate market, Patrick highlighted the importance of "dry powder" - capital that can help navigate through the ups and downs. He believes that his expertise and connections can be particularly beneficial in less sophisticated markets.The Potential for Change: We discussed the possibility of a massive market shift, similar to the 2007-2008 financial crisis. Patrick believes that distressed funds are actively looking for opportunities to buy non-performing loans, and there's a need for recapitalization due to the spike in interest rates.The Role of Risk and Big Data: Patrick shared his insights on how he incorporates statistical analysis and big data analytics into his work. He emphasized the importance of capturing tail risk and using tools like Monte Carlo simulations to make informed decisions.Niche Asset Classes: Patrick believes that niche asset classes such as data centers, student housing, and charter schools offer less volatility and a non-cyclical income stream. He's excited about the potential of infrastructure capital and its penetration into these esoteric asset classes.Consultancy Services: Patrick's consultancy, Nest and Associates, works with owner operators looking to scale their businesses and raise funds from institutions. He stressed the importance of scalability, geographic presence, continuity of the executive team, and a defined investment strategy in attracting capital.Apropos Podcast: Patrick's podcast, "Apropos," covers topics relevant to finance and the financial markets. He plans to invite guests to discuss data centers and diversity, equity, and inclusion in the industry.Research and Collaboration: Patrick is currently collaborating with CFA New York and conducting research at a university, exploring the relationship between the space market and the transaction market in commercial real estate.I hope these insights spark your curiosity and entice you to listen to the full podcast episode. It's filled with valuable lessons, ideas, and curiosities that I'm sure you'll find intriguing.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Finding Your Entrepreneurial Way with Dr Joseph Ryan Smolarz
Oct 27 2023
Finding Your Entrepreneurial Way with Dr Joseph Ryan Smolarz
I recently had an enlightening conversation on my podcast, The Deal Scout, with a guest who's a doctor turned technologist in blockchain and real estate. His journey from medicine to entrepreneurship is nothing short of inspiring, and I believe it's a story worth sharing.The Happiness Equation: Dr. Smolarz shared how diversifying his income streams and venturing into the business world has brought him more happiness than his previous life as a doctor. It's a testament to the fact that it's never too late to explore new horizons.Breaking the Myth: Doctors and specialists often lack financial literacy due to their dedication to their profession. My guest challenged this notion, proving that it's possible to balance both medicine and business.Wake-Up Call: Experiencing two category five hurricanes was a turning point for my guest. It led him to reflect on the importance of finding one's purpose in life and pursuing personal goals.The Power of Mentorship: Dr Smolarz emphasized the importance of seeking out the best mentors and investing in oneself. He believes that finding the best in the world at something involves research, talking to people, and finding a mentor with years of experience in the desired field.The Journey to E-commerce, Self-Storage, and Blockchain: My guest shared his journey into these fields and how he transitioned from learning about financial markets to evaluating public businesses. He also discussed his interest in self-storage and how it became his hedge in life.Building a Storage Fund: Dr Smolarz is currently focused on building a storage fund and helping people achieve their financial goals. He compares his role to that of a doctor, responsible for guiding and ensuring the well-being of his clients.Connect with the Guest: If you're interested in learning more about his project, you can connect with him through Store Partners. They have a lot of insightful discussions about the topics we covered in the podcast.The Most Important Milestone: When asked about the most important milestone he hopes to achieve in his life, Dr Smolarz responded that it would be seeing his children chase their dreams and overcome challenges on their own.I hope you find these insights as inspiring as I did!Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Hunting For Mobile Home Parks with Miles Noland
Oct 26 2023
Hunting For Mobile Home Parks with Miles Noland
I'm excited to share with you some insights from my recent podcast episode where I had the pleasure of interviewing Miles Noland, a successful investor in RV parks, mobile home parks, and local businesses.Miles' journey is a fascinating one, starting from his days as a baseball player and coach, to becoming a fitness entrepreneur, and finally transitioning into real estate. His story is a testament to the power of resilience, adaptability, and an entrepreneurial mindset.Here are some key takeaways from our conversation:The Power of Transition: Miles' transition from coaching baseball to investing in real estate was driven by his entrepreneurial spirit. He realized that he needed to find something that truly fit him, leading him to the world of real estate.The Importance of Skills: Miles emphasized the importance of consistent cold calling and building relationships with potential sellers. He also shared his experience of negotiating prices with sellers, advising to focus on building rapport before discussing price.Overcoming Fear of Rejection: Miles shared some tips for overcoming the fear of rejection when selling. He suggests adopting a casual and friendly approach, similar to how you would talk to your friends.The First Deal: Miles' first deal in the mobile home park space was a turning point, giving him the confidence and credibility to approach other park owners. He emphasized the importance of not quitting and to keep making calls, as eventually, a deal will come.Building a Team: As his company grew, Miles focused on building his team and internal operations. He hired people from Southeast Asia to assist with various tasks and also hired property managers and an operations person to handle collections and other issues.Family and Business: Miles acknowledged the challenges faced by the spouses of entrepreneurs and expressed gratitude for his wife's support. He also shared his approach to investing in operations and profitability rather than constantly pursuing new deals.Podcasting: Miles hosts a podcast show, "Story Time for Commercial Real Estate," which serves as a personal diary for his children to understand his thoughts and actions. He releases one episode per week, covering various topics related to commercial real estate.Advice for Aspiring Investors: Miles advises aspiring investors to be prepared for the journey to be ten times harder than they anticipate. He recommends buying programs, hiring coaches, reading books, and taking action to increase their chances of success.I hope you find these insights as intriguing as I did. If you're curious to learn more about Miles' journey, I invite you to listen to the full podcast episode.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Passive Income Adventures with Emma Powell
Oct 25 2023
Passive Income Adventures with Emma Powell
I'm thrilled to share with you the latest episode of "The Deal Scout" podcast, where I had the pleasure of hosting Emma, the brilliant mind behind the "Passive Income Adventures" podcast. We had an engaging conversation, and I'm sure you'll find it as enlightening as I did.Here's a sneak peek into our conversation:The RV Life and Smart Investments: Emma and I shared our experiences with RVs, and she revealed her smart strategy of using a life insurance policy to buy a fully depreciated RV and truck. It's all about enjoying the journey while being financially savvy!Podcasting with Purpose: Emma shared her journey from a 9-to-5 job to full-time passive income through podcasting. She emphasized the importance of having a clear purpose before diving into podcasting. It's not just about starting a podcast; it's about knowing why you're doing it.The Real Estate Adventure: Emma's journey into real estate investing is nothing short of inspiring. From struggling to secure a loan for a legacy property to becoming a managing partner in a 50-unit apartment building, she's a testament to the power of perseverance and smart decision-making.The Psychology of Pricing: We delved into the fear and insecurity that can lead entrepreneurs to undervalue their services. Emma shared her personal experience in pricing her photography services and the importance of recognizing one's value.The Power of Mindset: We discussed the impact of mindset on success in business. Maintaining a positive and optimistic mindset is crucial, but it's equally important to have a realistic perspective on one's progress and goals.The Importance of Financial Literacy: Emma stressed the importance of understanding the numbers when investing in deals. She even has a book that explains various financial concepts related to investing in deals.The Dietary Journey: Emma shared her personal journey with diet and nutrition, drawing parallels between her dietary journey and her experiences as a real estate investor. It's all about finding what works for you and sticking to it.You can listen to our full conversation on Spotify and iTunes. Also, don't forget to check out Emma's YouTube channel, "Passive Income Adventures," for more insights and fun videos of her adventures.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Profit with A Purpose with Neal Bawa
Oct 13 2023
Profit with A Purpose with Neal Bawa
I'm excited to share with you some insights from my recent podcast episode with Neal Bawa, a technologist turned real estate investor. Neil's unique approach to real estate, driven by data science, has been a game-changer, and I believe his story will inspire you.The Technologist's Approach to Real Estate: Neal's background in computer science and data science has been instrumental in his real estate success. He's managed to build a portfolio valued at $1 billion, with 32 projects in 17 markets. His secret? Using data science to hunt for the best deals.Embracing Uniqueness: Diagnosed with mild autism at a young age, Neal learned to see his condition not as a problem, but as a unique skill. His brain's ability to process numbers and convert everything into math has been a key factor in his success.The Power of Giving: Neal's philosophy is to share knowledge freely. He's created educational courses on real estate investing, location analysis, and optimizing virtual assistants, all available for free. This approach has not only built him a following but also attracted significant investments.Predicting the Future with Data: Neal's data science work involves tracking and ranking 323 metros and their cities based on various parameters. His predictions have been spot on, and he's now eyeing Northwest Arkansas as the next big thing.Real Estate with a Purpose: Neal's mission is to help 10,000 families achieve financial stability and happiness by providing affordable housing options. He focuses on smaller cities with high growth rates, often overlooked by big fund managers.Connect with Neil: If you're intrigued by Neal's approach and want to learn more, you can find him on YouTube and through his free courses on multifamily investing.I hope you find these insights as fascinating as I did. If you're curious to hear more, tune into the full podcast episode.Connect with Neal Bawa on LinkedIn: https://www.linkedin.com/in/neal-bawaFollow Neal Bawa on Facebook: https://www.facebook.com/NealBawaMFU/Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Machine Learning For Cold Calling with Stash Geleszinski
Oct 12 2023
Machine Learning For Cold Calling with Stash Geleszinski
I'm thrilled to share with you the highlights of my recent podcast episode where I had an engaging conversation with Stash, a commercial real estate guru and the brain behind the innovative platform, Nedl.Dream Cars and Real Estate: Our chat kicked off with a fun discussion about Stash's dream cars - a BMW 35 and a Ferrari 1967. I even joked about going for a spin once he gets his hands on that Ferrari!The Birth of Nedl: Stash shared his journey in commercial real estate, revealing how the lack of organized data led him to create Nedl. This platform uses data and analytics to predict real estate transactions, a game-changer in the industry.Surviving the 2008 Financial Crisis: We both reminisced about our experiences during the 2008 financial crisis, emphasizing the importance of work ethic and teamwork in overcoming challenges.The Power of Personal Approach: Stash shared his early days in real estate, where he found success by personally reaching out to homeowners in need, a strategy that significantly improved his conversion rate.Nedl - The Future of Real Estate: We delved into how Nedl uses AI and machine learning to identify potential real estate transactions. By analyzing various factors, Nedl can predict which properties are likely to be hot, warm, or cold for transactions.The Joy of Closing Deals: Stash shared the satisfaction that comes with closing deals and creating something out of nothing in the real estate industry. He also gave us a glimpse into his daily routine that keeps him motivated and focused.Nedl's Launch: While Nedl is not live yet, Stash invites listeners to reach out for a demo. We discussed the target launch date and the feedback process in place with user groups.I hope these insights spark your curiosity and entice you to listen to the full podcast episode. Remember, whether you're a seasoned professional or a newbie in the real estate industry, there's always something new to learn!Connect with Stash Geleszinski on LinkedIn: https://www.linkedin.com/in/stasiugeleszinskiFollow Stash Geleszinski on Twitter: https://twitter.com/5ta5iuNext Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
The Doctor's Dilemma with Michael McManus
Oct 5 2023
The Doctor's Dilemma with Michael McManus
I'm thrilled to share with you some exciting insights from our latest podcast episode. We had the pleasure of hosting Doctor Mike, a part-time urologist, who shared his inspiring journey from being a full-time doctor to working in a more optional capacity.The Doctor's Dilemma: Doctor Mike opened up about the burnout many doctors face due to administrative headaches, bureaucracy, and the pressure to maintain a certain lifestyle. He shared his personal experience of feeling caught in the rat race of high earning, which often leads to dissatisfaction.A Shift in Perspective: Doctor Mike's journey of personal development led him to hire a coach and reevaluate his lifestyle. He realized that his 60+ hour work week as a surgeon was not aligned with his ideal lifestyle. This realization led him to take control of his future.Stepping Out of the Comfort Zone: Doctor Mike shared his experience of learning about real estate and how it was a slow process of overcoming the fear of not knowing what he was doing. Despite initial fears and past failures, he embraced the idea of being bad at something new and learning from it.Investing in the Future: Doctor Mike discussed his experience with real estate investments and how it has impacted his career as a doctor. He emphasized the importance of finding the right people to learn from and collaborate with. His investment journey has given him the freedom to scale back on his medical practice.Future Goals: Doctor Mike envisions a future where he can spend months each year traveling overseas and support his children's entrepreneurial endeavors. He sets a goal of achieving a $10 million net worth, which would provide financial security and the ability to withstand potential losses without affecting his lifestyle.I commend Doctor Mike for taking the right steps in his real estate journey, such as hiring a coach and being part of a mastermind group. His story is a testament to the power of stepping out of your comfort zone and taking control of your future.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Operator-Led Acquisitions with Nate Wasson
Sep 14 2023
Operator-Led Acquisitions with Nate Wasson
I'm thrilled to share with you the latest episode of our podcast, where we dive deep into the world of deal making, acquisitions, and entrepreneurship. Our guest, Nate, a seasoned professional from the beautiful city of Chicago, joins us to share his insights and experiences.Here's a sneak peek into our conversation:The Art of Listening: Nate shares his unique approach to networking, emphasizing the importance of listening before speaking. A valuable lesson for all of us!Career Transitions: We discuss how Nate's firm, HalBar, assists mid-career professionals in acquiring and running companies, offering them a new challenge and a fresh start.The Journey to Entrepreneurship: Nate's journey from the campus of Valparaiso University to founding Hall Bar is nothing short of inspiring. He shares how luck, timing, and the faith of a family office investor played crucial roles in his success.Sustainability and Decarbonization: We delve into the importance of sustainability, a core value at Hall Bar, and our shared commitment to backing entrepreneurs in the decarbonization space.The Power of Equality: Nate explains their unique investment strategy, ensuring equal shares for entrepreneurs and investors, fostering a sense of ownership and alignment of incentives.The Benefits of Acquisitions: We discuss the advantages of acquiring businesses, from shared resources to increased buying power, and how this can create value for investors.Exit Strategies: Nate reveals their exit strategy, which involves growing businesses and selling them to larger private equity firms, providing financial stability and future opportunities for the operators.Building Wealth: We touch on the financial benefits of building and selling a business, highlighting how it can be a significant source of wealth.I hope this piques your curiosity and entices you to listen to our podcast. Nate's journey is a testament to the power of perseverance, the importance of timing, and the value of believing in oneself.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
What the Heck is a 1031 Exchange with Dave Foster
Aug 28 2023
What the Heck is a 1031 Exchange with Dave Foster
I recently had an enlightening conversation with Dave, a seasoned real estate investor from Saint Petersburg, Florida, on my podcast. We delved into the world of 1031 exchanges, a strategy that has transformed Dave's life and could potentially do the same for you.Dave's journey began with a simple desire to maximize family time. He and his wife ventured into real estate, only to stumble upon the tax implications of selling properties. That's when they discovered the 1031 exchange, a strategy that allows investors to reinvest the proceeds from a sale, including the tax, into more real estate without paying taxes. This strategy enabled them to move their portfolio across states, defer taxes, and even buy a sailboat!Here are some key takeaways from our conversation:The Power of 1031 Exchange: This strategy allows you to defer not only the gain but also the recapture of depreciation, providing ongoing tax benefits throughout your life. It's a powerful tool to accumulate wealth over time.Flexibility of 1031 Exchange: It can be used to change classes of real estate or escape looming capital expenses. Dave even shared a real-life example of a realtor who converted an office building into oceanfront condos using this strategy.The Four Stages of Real Estate Investing: Dave explained these stages, from being a novice to a retired investor living off tax-free assets. The final stage, death, comes with a silver lining - your heirs inherit your assets as if they paid market value, meaning all the tax deferred over your lifetime disappears.Creating Generational Wealth: I expressed my desire to create generational wealth, and Dave explained how the 1031 exchange can be done by any tax-paid entity, including an LLC or a trust.The Importance of Strategy: Dave emphasized having a strategy in place before selling a property. He advises contacting him early on to take full advantage of the 1031 exchange.The Pressure and Timeline of 1031 Exchange: There are 45 days to identify the replacement property and 180 days from closing to close on the new property. Dave shared a cautionary tale about a client who lost out on properties because he tried to negotiate too cleverly.This conversation with Dave was a treasure trove of insights into the world of real estate investing. If you're intrigued and want to learn more, I invite you to listen to the full podcast episode.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Fractional Real Estate Investing with Julio Caceres
Jun 14 2023
Fractional Real Estate Investing with Julio Caceres
Are you interested in real estate investing but find it too expensive and complicated? Then you need to check out the latest episode of The Deal Scout podcast, where I interview Julio Ceras, the CEO and founder of Brix Fractional Real Estate Technologies Corporation. Julio shares his personal journey as a mathematician and how he founded his company to make real estate investing accessible to everyone, regardless of their financial status.Julio explains the concept of fractionalizing real estate and how it differs from traditional partnerships. He emphasizes the importance of having a professional real estate investor as the lead member in a fractionalized property to maximize efficiency and profitability. Julio also highlights the benefits of fractionalizing, such as economies of scale, diversification, and reduced risk. He contrasts this with the traditional method of investing in real estate, where investors tie up large sums of money in a single property for an extended period, hoping for appreciation and cash flow.Julio's insights provide valuable information for anyone interested in real estate investing, especially those looking for a more accessible and efficient way to invest. He also discusses the risks involved in real estate investing and how his company mitigates those risks. He emphasizes that his company cherry-picks properties and conducts thorough due diligence before purchasing them. They also use an algorithm to analyze properties and ensure they are in great rental areas.Towards the end of the episode, Julio shares information about Brix Fractional Real Estate Technologies Corporation's current capital raise, which is open to accredited investors, angel investors, and family offices. He also mentions their plans for a future crowdfunding round that will allow non-accredited investors to invest in the company.If you're interested in deals and investing, be sure to check out The Deal Scout podcast and connect with the guests on the Deal Scout platform. The platform's mission is to educate the community and find ways for people to do deals. So, if you have a deal that interests you, you can connect with the guest directly using the contact information provided in the show notes. If you support the deal ecosystem and would like to talk about it on the show, you can fill out a quick form on the Deal Scout website to be considered as a guest.Remember, real estate is the safest wealth-building tool, and Julio's company aims to make it accessible to everyone. So, don't miss out on this opportunity to learn more about fractional real estate investing and how it can benefit you.As Julio says, "Real estate is the only asset that you can touch, feel, and see. It's not going anywhere, and it's not going to disappear." So, what are you waiting for? Tune in to The Deal Scout podcast now!Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Raising Capital Online with Rebecca Kacaba
Jun 2 2023
Raising Capital Online with Rebecca Kacaba
On this episode of "The Deal Scout," I had the pleasure of interviewing Rebecca, a deal maker from Toronto who helps deal makers by providing technology to help them close their capital raises. Rebecca and her team have built a platform that allows people to set up an online store and raise capital digitally. They have transacted close to 2 billion dollars through the system from investors all over the world.Rebecca and her co-founder started with legal background and navigated through different laws and regulations for different countries. They started with cannabis deals and the first big deal they did was with the Green Bay Packers. They have seen that if you have a good deal, people want it and that doesn't change in a down market.One of the key takeaways from our conversation was the importance of building relationships and engaging with investors when raising capital. Rebecca suggests using their software, YouEngage, to keep investors updated and engaged with the company. They also discuss the trend of impact investing and how people want to invest in companies that are making a difference in the world.Rebecca emphasizes the importance of communication between founders and investors. She suggests that founders should consistently ask for feedback and support from their investors, even if they don't need anything specific at the moment. This helps to build a strong relationship and prepares investors for bigger asks in the future.We also discussed the importance of learning from mistakes and counting losses as lessons. Finally, we talked about the importance of asking for money and getting comfortable with asking for other things from investors, such as support and guidance.If you're interested in learning more about how to raise capital and build relationships with investors, be sure to check out this week's episode of "The Deal Scout." As Rebecca says, "If you have a good deal, people want it." So, go out there and make your deal happen!Connect with Rebeccahttps://www.dealmaker.tech/https://www.linkedin.com/in/rebeccakacaba/Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
The Shift In Homebuying with Jason Franklin
May 30 2023
The Shift In Homebuying with Jason Franklin
Co Founder & CEO, Jason Franklin is a native Texan who enjoyed a long and successful career in Big Box Retail which culminated in operating the national headquarters location of one of the nation's largest boating supply companies. After leaving retail, Jason elected to open a small business in the Houston area and enjoyed 14 years of growth and success in that endeavor.  Jason has since run several profitable businesses and engaged in over 275 public speaking engagements. Most recently, Jason sold his business in 2014 and dove into Real Estate full time. As a dedicated entrepreneur and mentor, Jason has been able to build and grow an extremely successful real estate team in Houston. As a dedicated Mentor of Agents and as a student of business in general, it became very obvious that technology was outpacing the real estate market's desire or ability to keep up with growing trends. After years of study and over $100,000,000 in real estate sales, it became obvious that while the United States real estate market was the most prolific on the planet, it was operating in a capacity that had not undergone any fundamental move forward in over 30 years, and that it was time for a change.Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg
Short Term VS Long Term Real Estate with Jason Griggs
Apr 4 2023
Short Term VS Long Term Real Estate with Jason Griggs
Jason Griggs is licensed Real Estate Agent and Team Leader of The Griggs Team at Simply Vegas in Henderson, Nevada. Jason has sold over $20+ million dollars in real estate in his career. Jason is a personal investor himself and holds over 20 properties in Henderson, NV & other parts of the US.Jason Griggs has also become the biggest Short Term Rental investor in the Las Vegas / Henderson Nevada area and currently runs 11+ successful Airbnb and vacation homes. He has been named the Top 20 Realtors on Instagram and Top 40 Agents Under 40. In 2016, Jason founded The Griggs Team, which consists of top real estate professionals in Nevada. Together, they have built a culture that motivates each of them to be their best selves and to provide the best service for their clients. Business aside, Jason is an active member of the community. He started a lacrosse program called, Moving Up Lacrosse. It started out with 30 players and has grown to over 200 players. As a coach, he demonstrates the characteristics of being a genuine role model. He emphasizes the importance of teamwork and mental toughness. Jason believes that it is vital to give back to the community. His program regularly participates in holiday food drives to ensure that the less fortunate have a warm meal to eat.Jason was born and raised in Long Island, NY. As a collegiate athlete, he attended West Virginia University and completed his Bachelor’s Degree in Sports Marketing and Communications. He continued his education at Adelphi University and earned his master’s degree in Education. Currently, he lives in Henderson with his wife, Samantha and their son James.https://sellorbuynvhomes.com/Next Steps Share your thoughts with a review - https://www.thedealscout.com/reviews/ Let's connect on LinkedIn - https://www.linkedin.com/in/joshuabrucewilson/ Subscribe and Watch on YouTube - https://www.youtube.com/channel/UCBQN_Y3nhDGClfMxCSBDjOg