EP 79: Commercial Property Investing & Free Money from the IRS

Multifamily investing is a gateway drug to commercial properties.   You go from having average civilian tenants to a professional class of tenants.   Commercial properties also allow you to have long term tenants that pay down your property for you.   With this strategy, the rewards can be massive – such as leaving a legacy for your kids with a passive monthly paycheck.  The best part about this? You might not even need any of your own capital to get started.   In today's episode, Josh Zieglowsky, co-founder of ERC-Specialists, shows you how to invest in commercial property by using other people's bank accounts.  As a bonus, he also shows you how to get access to a pot of free money from the IRS that not a lot of people know about.   Listen Now! Show highlights include: How to leave a $50k a month passive legacy for your kids (without you lifting a finger) (1:58) The "real estate gateway drug" which adds an extra zero to your bank account by the end of the year.  (1:51) The biggest risk of commercial real estate that puts most into bankruptcy (and how to beat your odds) (4:13) Why most real estate investors let one lousy strategy stick to them and devour their wealth (5:27) The "I don't have money" myth for commercial real estate that keeps massive paychecks out of your reach  (6:24) How to structure a commercial deal that makes you 800K (without putting any of your own money in) (6:25) An IRS tax credit that gives you access to 26K for every employee that you can use immediately for investing. (14:23) If you liked the episode, leave me a review on whichever app you listen to podcasts on. If you want to connect with Josh Zieglowsky, please contact him at https://ercspecialists.com/ If you want to connect with me, follow me on Facebook here https://www.facebook.com/jennings.smith.50 or Instagram here: https://www.instagram.com/jenningsfostersmithjr/.