#86. Neal Bawa—How the Wealthy Legally Pay Less Tax with Real Estate

In this episode of the Income Flip Podcast, Rob Chevez sits down with Neal Bawa, known as the “Mad Scientist of Real Estate,” to unpack how data—not opinions—drives smarter investing. A former Silicon Valley executive, Neal shares how discovering the power of depreciation and tax strategy led him into real estate, and how he slowly transitioned from tech to building a multifamily portfolio. The conversation dives deep into using job growth, population trends, and demographic data to rank markets, why most investors misunderstand growth states, and how to identify emerging opportunities before the crowd. If you want to invest based on numbers instead of noise, this episode is a masterclass in data-driven real estate strategy.