Podcast appearances and mentions of mitchell baldridge

In today's video, my friend and business partner Mitchell Baldridge and I discuss other real estate tax hacks and str loophole. If you liked this clip, you can watch the full 90 minute discussion on my YouTube channel.   Click here: https://youtu.be/stL485eRh78   Thanks for listening!   If you or someone that you know needs a cost segregation and depreciation study done for your real estate property or portfolio, please reach out to https://www.recostseg.com (note, I'm a partner and investor)   Like this episode?   I think you'll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I'm @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick

In today's video, my friend and business partner Mitchell Baldridge and I discuss the concept of RE Pro Status and Recapture. If you liked this clip, you can watch the full 90 minute discussion on my YouTube channel.   Click here: https://youtu.be/stL485eRh78   Thanks for listening!   If you or someone that you know needs a cost segregation and depreciation study done for your real estate property or portfolio, please reach out to https://www.recostseg.com (note, I'm a partner and investor)   Like this episode?   I think you'll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I'm @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick

Here's a clip of my friend and business partner Mitchell Baldridge explaining how bonus depreciation works and how that can lead to tax savings and deferrals.   If you want to learn more about cost seg or get a study done on your property, just visit https://www.recostseg.com   Thanks for listening!   Like this episode?   I think you'll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I'm @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick

Topics: (00:00:00) - Intro (00:03:24) - Recapping FoundersOnly Conference (00:36:36) - Helping others first (00:44:32) - Baldridge updates & the power of working hard (01:03:46) - How do you want to spend your time? (01:10:38) - Great book recs, Scribe, and the knowledge gap (01:44:38) - Unethical founders (02:00:56) - Optimizing for usefulness Links: Founders Podcast Mitchell Baldridge on X Get in touch with Mitchell David Senra on X Perplexity AI Books: Hard Drive by James Wallace So Good They Can't Ignore You by Cal Newport Born Standing Up by Steve Martin Jerry Seinfeld in GQ Zero to One by Peter Thiel To support the costs of producing this podcast:  >> Buy a copy of the Navalmanack: www.navalmanack.com/  >> Buy a copy of The Anthology of Balaji: https://balajianthology.com/ >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage  >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Or at least give the podcast a positive review to help us reach new listeners!  Important quotes from David Senra and Mitchell Baldridge: "People don't see things as they are, we see them as we are. And so like we could write a book on this two-hour or whatever long conversation we've had and every single person's going to have a different perspective." — David Senra "I'm here to be the best in the world at what I'm doing. And then you get around other people like that. Like we just talked about Mike Ovitz. You think he was optimizing for days on the golf course?" — David Senra “I wake up every day more obsessed to the point where, like, if this continues, we're going to have to be concerned about me. And what I love is I'm really trying to go after it.” — David Senra "Books don't have to make money to make you money." — Mitchell Baldridge "Mute the world and build your own world and it's like part of building your own world you don't want to start from zero like a feral child in the middle of the woods." — Mitchell Baldridge

Mitchell Baldridge, the world's most famous accountant, and entrepreneur-turned-farmer Scott Hambrick are back! In today's episode, they respond to a listener email asking for opinions on their business idea: a "microgym" in which customers pay a monthly fee for a time slot at a small but well appointed barbell gym. The gym would have all the necesasry equipment to train for powerlifting, weightlifting, and crossfit, but in a small footprint, under 1,000 square feet. Mitchell also shares an update on the recent tax season, and the state of hiring accountants in 2024.   Want your question answered on a future podcast? Email Mitchell and Scott: show@stupidtaxpod.com   Follow The Stupid Tax on Twitter/X: @stupidtaxpod   Mitchell Baldridge Twitter: @baldridgecpa https://baldridgecpa.ck.page https://baldridgefinancial.com   Scott Hambrick Twitter: @hambrickscott IG: @ogscotthambrick https://onlinegreatbooks.com https://scotthambrick.com

Welcome to Real Estate Anonymous Episode 2! This week, we have Brett Moss, Eric Weatherholtz, and Elliot White breaking down a property in Dallas, TX, all while diving into a little bit of Shakespeare. Thanks to our friends at Re Cost Seg for sponsoring today's episode. They are the premier provider of cost segregation studies. Founded by serial entrepreneur and CPA, Mitchell Baldridge, RE Cost Seg is revolutionizing how investors approach taxes and cash flow on their properties. Are you tired of watching your hard-earned money go towards hefty tax bills? If you own an investment property, a cost segregation study from RE Cost Seg could help you save significantly on your taxes and keep more of your real estate income..Their expert engineers dive deep into your property, uncovering opportunities for accelerated depreciation across every investment property type, from single-family rentals to large commercial properties. Check them out REcostseg.com/REApod. 

In this episode, my business partner and CPA, Mitchell Baldridge and I talk about 1031 exchanges (also called like-kind exchanges) and the magic of stepping up in basis when you own real estate and pass away.   Thanks for listening! Like this video?   I think you'll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I'm @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick

In this episode my business partner Mitchell Baldridge explains real estate pro status and who gets to use the benefits of bonus depreciation to offset their incomes.   Thanks for watching! Like this video?   I think you'll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter   Want to see all of my companies? Click here: www.nickhuber.com/portfolio   Want more of my content?  I'm @SweatyStartup everywhere: Say hello on X: www.x.com/sweatystartup LinkedIn: www.linkedin.com/in/sweatystartup Instagram: www.instagram.com/sweatystartup TikTok: www.tiktok.com/sweatystartup Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606 Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81 Want my team and I to help sell your business? Click here: www.nickhuber.com/sell Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy   Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest   Want my free PDF on how to analyze a self-storage facility? Click here: https://sweatystartup.ck.page/79046c9b03   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: usiness Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/   That's all for now.   Thank you again for joining me on my Sweaty Startup journey.   Onward and upward! -Nick

Mitchell Baldridge, CPA and Scott Hambrick reach into the Stupid Tax inbox and look at three questions submitted by listeners. One young business owner started a handyman business in the fall of 2023 and started off with a bang, making $14k in his first full month of operation. The following three months were lean, however, with revenue falling off signficantly and net operating losses. Mitchell and Scott offer some advice on ways to figure out what worked in the first month, and target his customer base with higher margin, more attractive service offerings.   Another listener has been sitting on a business idea for quite some time, and put together a pitch deck to lay out his plan: a community to help Christian fathers improve their relationship with their children. Mitchell and Scott point out the problems with a business like this, and more to the point, the problem with taking so long to try out a business idea and figure out if it works or not.    Mitchell and Scott offer a third listener advice on building a solid marketing pipeline to reach customers by reducing the friction between customers receiving communication and buying services.   Want your question answered on a future podcast? Email Mitchell and Scott: show@stupidtaxpod.com   Stupid Tax is now on Twitter/X! @stupidtaxpod   Mitchell Baldridge Twitter: @baldridgecpa https://baldridgecpa.ck.page https://baldridgefinancial.com   Scott Hambrick Twitter: @hambrickscott IG: @ogscotthambrick https://onlinegreatbooks.com https://scotthambrick.com

Here's a clip of my friend and business partner Mitchell Baldridge explaining how bonus depreciation works and how that can lead to tax savings and deferrals.    If you want to learn more about cost seg or get a study done on your property, just visit Https://www.recostseg.com   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Special thanks to our sponsor RE Cost Seg! Cost Segregation is a powerful tool for real estate owners to save money on taxes. It increases your cash flow by reducing your taxable income. Get your free proposal here: https://www.recostseg.com   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Join our Real Estate community: https://sweatystartup.com/rec We have a reddit community: https://www.reddit.com/r/sweatystartup/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/  

Mitchell Baldridge, CPA, CFP, talks to Matt about how to find the perfect accountant, something a growing business will have to do at some point. He owns Baldridge Financial and Better Book Keeping. Check out the Stupid Tax podcast, with Scott Hambrick and Mitchell Baldridge. How to Find the Perfect Account - First, Don't If you're starting a business, you first need to find clients and jobs. Start making money. When it comes to tracking and handling money, start a business bank account or use a different bank account than your personal. Simply, you need to clearly separate business expenses from personal expenses so at the point when you or someone else needs to prepare taxes, things are easy to delineate. Early in the year (when this podcast airs) is a great time to start a business, because you have the rest of the year (and really until taxes are due) to get your money in order. Right now, though, it's just about not screwing up. Another recommendation, which is unrelated to accounting but for business owners is to not expand your expenses to your new income. If you make $80,000 at your full-time job and begin to make money from your company, at some point you'll have to quit the full-time job and take a paycheck. Save that other money, pay off debt - but don't increase your monthly expenses. How to Find the Perfect Account - Use Your Network The best way to find a accountant is similar to how you might find an electrician. Ask people you trust about who they use. For example, Matt asked his trusted HVAC technician if he can recommend an electrician. He did, and the electrician provided great service. Try to find business owners you can talk to and pick their brains with. It might be a group of people who are in the same industry, or not, who are all small business owners. Similarly, you might reach out to someone who has done this before. Mitchell, for example, reached out to Scott after hearing him talk about his experience with Diamond David Keesling on the Barbell Logic podcast. Check out the Barbell Logic podcast landing page. Get Matched with a Professional Strength Coach today for FREE! No contract with us, just commitment to yourself: Start experiencing strength now: https://store.barbell-logic.com/match/ Connect with the hosts Matt on Instagram Niki on Instagram Andrew on Instagram Connect with the show Barbell Logic on Instagram Podcast Webpage Barbell Logic on Facebook Or email podcast@barbell-logic.com

Do you own a job or a business? Does owning a business make sense for you? Either way, you need to approach this intelligently, thinking about the business you're in and the job you have. Check out the Stupid Tax podcast, with Scott Hambrick and Mitchell Baldridge. Job or Business - Should I Own a Business? Not everyone should own a business. Probably, most people should not own a business. It's not an insult: it's reality. Owning a business is too much risk and stress for some people. You still may be an excellent coach or technician. You may provide a huge amount of value to your employer or to your customers. If you're the right person to own a business, you probably find yourself unable to put up with some of the downsides to jobs and tend to naturally get after it. Matt and Scott are great examples of people who are natural business owners. Job or Business - Which Do You Own You may want to consider simply owning your own job, rather than a business. For example, you may want to be a coach, get as many clients, but not be a business owner. You may own a job. You'll still have to be your own boss and complete certain functions that aren't simply coaching, but you may not want to have other employees, and may be happy with growing to a point, making good money, and not be worried about a business. As a business owner, you assume the risk. You will likely, over time, hire employees - some will be technicians, others will be managers. You need to understand the nature of the business you are in. For example, Scott talks about the gym owner business as a type of real estate. Job or Business - How Good Can This Get? Regardless of whether you own your job, a business, or you work for someone else, you need to think about what your options are. What is important to you? Can you deal with the risk and stress of business ownership, or not? Do you want to grow a business, or are you okay with a smaller, steady income stream? Would you like to simply punch the time clock and not worry about things when you're off? Understanding the nature of your business or job and whether it is really a business or job is important. On the Stupid Tax podcast, Scott and Mitchell discuss thinking or your job, even if you work for someone else, as a service you are providing that employer. It may make sense, for some, to work for that company as a contractor rather than an employee, for example. Do you own a job or business? Check out the Barbell Logic podcast landing page. Get Matched with a Professional Strength Coach today for FREE! No contract with us, just commitment to yourself: Start experiencing strength now: https://store.barbell-logic.com/match/ Connect with the hosts Matt on Instagram Niki on Instagram Andrew on Instagram Connect with the show Barbell Logic on Instagram Podcast Webpage Barbell Logic on Facebook Or email podcast@barbell-logic.com

Links: David Senra on X Mitchell on X Founders Podcast Better Bookkeeping Mentioned on the episode: Fiftyyears.com Foundersonly.com Poor Charlie's Almanac Liar's Poker Atomic Habits The Pathless Path Morgan Housel books Tren Griffin Blog - 25iq Brent Beshore on meeting Charlie Munger Who is Michael Ovitz? Powerhouse by James Andrew Miller The Eternal Pursuit of Unhappiness  Blake Robbins on Twitter Topics: (00:00:00) - Intro (00:03:53) - David - Product launching machine & the power of building relationships (00:24:18) - Thoughts on Podcast advertising  (00:31:35) - Book Publishing (00:38:27) - Eric's new life as a CEO (00:59:23) - The permissionless adding of value (01:13:08) - The Power of Podcasting  (01:17:04) - Updates on the Baldridge Empire (01:34:19) - Reflecting on Main St. Summit (01:56:57) - Book recommendations (02:08:24) - Hire a paid critic (02:22:30) - Wrap up To support the costs of producing this podcast:  >> Buy a copy of the Navalmanack: www.navalmanack.com/  >> Buy a copy of The Anthology of Balaji: https://balajianthology.com/ >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage  >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Or at least give the podcast a positive review to help us reach new listeners!

Mitchell Baldridge and Scott Hambrick answer a listener question asking about switching from cash accounting to accrual accounting in his farming buinsess, and a potential tax bill that would arise from that switch. Listener Austin also asks about the common practice of spending money on new equipment to reduce taxable income, even when the business doesn't need the equipment. Scott and Mitchell explain why spending money on equipment you don't need to save on taxes is a bad decision, and why tax planning around write offs is a poor strategy for the small business person in general.   Ask Mitchell and Scott a question: Email: show@stupidtaxpod.com   Mitchell Baldridge Twitter: @baldridgecpa https://baldridgecpa.ck.page https://baldridgefinancial.com   Scott Hambrick Twitter: @hambrickscott IG: @ogscotthambrick https://onlinegreatbooks.com https://scotthambrick.com  

In this clip, Mitchell Baldridge and I explain Short-Term Rental Loopholes.   We cover useful tips specially for Airbnb host and more.   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Special thanks to our sponsor RE Cost Seg! Cost Segregation is a powerful tool for real estate owners to save money on taxes. It increases your cash flow by reducing your taxable income. Get your free proposal here: https://www.recostseg.com   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Join our Real Estate community: https://sweatystartup.com/rec We have a reddit community: https://www.reddit.com/r/sweatystartup/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/

In this clip, Mitchell Baldridge and I explain what depreciation and bonus depreciation is in real estate.We cover useful lifespans, how to calculate depreciation, bonus depreciation, and more.   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Special thanks to our sponsor RE Cost Seg! Cost Segregation is a powerful tool for real estate owners to save money on taxes. It increases your cash flow by reducing your taxable income. Get your free proposal here: https://www.recostseg.com   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Join our Real Estate community: https://sweatystartup.com/rec We have a reddit community: https://www.reddit.com/r/sweatystartup/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/ Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/

Bulletproof Dental Practice Episode Number 323 HOSTS: Dr. Peter Boulden and Dr. Craig Spodak GUEST: Mitchell Baldridge KEY TAKEAWAYS Introduction Cost Segregation applies to dentists Tax Advantage for Dentists Investing with excess cash flow Cost Segregation Study in its simplest form The end goal is to push forward your tax deduction Leasehold improvements Cost segregation and bonus depreciation Specialization is key with a niche service such as dentistry   REFERENCES Dental Cost Seg Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice   TWEETABLES You've got to do your own due diligence - Dr. Craig Spodak  

In this week's episode, Patrick Donley (@JPatrickDonley) sits down with NFL pro-bowler and Super Bowl winner, Cliff Avril. They touch on his football career, but the focus of the conversation is on Cliff's life after football. You'll learn how he got started investing in real estate, how his first big project went, what he's learned from some of his partners, and why he loves cost segregation studies and other tax saving strategies. They also talk about his investment in a professional pickleball team and his philanthropy he does through the Cliff Avril Family Foundation.Cliff Avril had a 10 year NFL career and played for both the Detroit Lions and Seattle Seahawks. He won a Super Bowl with the Seahawks in 2014 and was in the Pro Bowl in 2016 as a Defensive End.Cliff is first and foremost a family man and lives with his wife and two sons in Seattle, Washington. After a career-ending injury, Cliff left the NFL and has gone on to become a successful real estate investor and developer with projects throughout the country.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro.02:18 - What it was like growing up in two different cultures for Cliff.02:57 - Why the self-confidence necessary to make it in the NFL can be a detriment later in life.07:54 - What the NFL provides to players in terms of financial literacy classes.08:19 - How Cliff saved a bigger portion of his NFL salary.14:05 - How he dealt with a career-ending injury.19:09 - How real estate became a calling for him.19:40 - Why he thinks cash flow is true wealth.25:19 - How Cliff has found people he can learn from and trust.26:40 - What his first real estate investments were and how they went.26:44 - Why he ended up renting to NFL players.29:51 - What his first big project looked like.31:49 - How he has implemented learnings from football to real estate.33:10 - What he learned from one of his first partners.36:37 - What the benefits of cost segregation studies are and why Cliff does them.39:37 - How he avoids shiny object syndrome.42:44 - What his strategy is for building luxury spec homes.51:39 - What NFL players he is modeling his real estate career after.53:38 - Why he's so into pickleball.59:44 - How philanthropy has become a big part of his life with the Cliff Avril Family Foundation.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESRichest Man in Babylon by George Clason.Rich Dad Poor Dad by Robert Kiyosaki.The Everything Guide to House Hacking by Robert Leonard.Related episode: Listen to MI285: The Art of Tax Optimization w/ Mitchell Baldridge or watch the video.NEW TO THE SHOW?Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!SPONSORSFind the right benefits and retirement plan for your team today with Principal Financial.Your home might be worth more than you think. Earn extra money today with Airbnb.Get a customized solution for all of your KPIs. Download NetSuite's popular KPI Checklist for free.Experience real language learning for real conversations with Babbel. Listeners from Germany can use our code INVESTOR to get a 12-month subscription for the price of 6 months.Learn from the world's best minds with Masterclass. Get 15% off an annual membership today.Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Connect with Patrick: Twitter Connect with Cliff: Website | InstagramSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode with Mitchell Baldridge CPA we deviate from the financial topics and talk: - Building a business - Lessons we each have learned - Why we both like working on multiple things at a time - Business lessons on solving problems, growing, etc. You will really enjoy this change of pace.

Bulletproof Dental Practice Podcast Episode #320 HOSTS Dr. Peter Boulden and Dr. Craig Spodak GUEST: Mitchell Baldridge KEY TAKEAWAYS: Introduction Twitter (X) Accounting Firm / Dental CPA Taxes Business Advice Business Plan Mitchell's Tweets 10 Tax hack for Business owners QBI optimization Donor advice funds  S - Corps Bonus Depreciation Mega backdoor ROTH Give Yourself Tax Credit Fringe Benefits The Augusta Rule PTET - Salt Cap Workarounds Real Planning and Good Advice ERISA, the Employment Retirement Income Security Act of 1974 Real Estate Opportunity Zones or RV Parks and different REFERENCES: Dental Cost Seg Mitchell on Twitter/X Bulletproof Mastermind  Bulletproof Summit  Mighty Networks: Bulletproof Dental Practice    

Episode 16In this episode of Mundane Millionaires, hosts Eric Pacifici and Kevin Henderson sit down with Mitchell Baldridge of Baldridge Financial. Mitchell dives into his professional journey, recounting his days in accounting and his tenure at BDO. Serving high-net-worth individuals, he gained invaluable insights into the financial world, setting the stage for his future endeavors. Mitchell sheds light on the challenges and triumphs of his entrepreneurial journey. A pivotal moment was his decision to leave the corporate world and venture out on his own, a move he made roughly a decade ago. This transition, while fraught with uncertainties, proved transformative for his career. The episode also touches on Mitchell's online presence, particularly on Twitter. Through social media, he has not only expanded his network but also shared his expertise, further solidifying his reputation in the financial sector.Support the showThanks for listening! Be sure to leave us a 5 star review and share this episode with your friends!For more content from Mundane Millionaires, follow us here: Twitter Instagram Facebook Youtube TikTok Sign up for the free Business Buying Masterclass at https://masterclass.thesmbcenter.com!For more content from our hosts, Kevin and Eric, following them here:Kevin: Twitter LinkedIn Instagram YouTube TikTok Eric Pacifici Twitter LinkedIn Instagram

Patrick Donley (@JPatrickDonley) sits down with The Wedding Venue Guy, Alex Nelson, to talk about how he got started in the wedding venue business. You'll learn what the process of starting the business was like, how he selected the site, what the finances of the project look like, how he markets the space, how Twitter has jumpstarted his consulting business, and much more!Alex goes by the Wedding Venue Guy on Twitter and has built a $3M venue. He also consults with investors looking to enter the space and is looking to partner with others on more venues across the country. IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro.01:45 - How Alex first got started in the wedding venue industry.06:52 - What other real estate asset classes he considered.07:36 - Why planning his own wedding provided inspiration for his new venture.09:21 - How they figured out what to do as they went along with the project.10:18 - What the finances of the project looked like.11:42 - What the process of starting the venue was like.12:19 - How Alex went about finding the land for the venue.15:00 - What some of the challenges were that delayed the project.18:17 - What kind of early marketing they did.27:42 - How Alex managed the process while having a young family and two remote jobs.29:03 - Why he is hoping to create a wedding venue holding company.30:46 - What some of the features are that make the venue stand out.33:50 - How much alcohol sales add to the bottom line.39:17 - How Alex and his wife are managing the business.44:41 - How he got involved in the venue advisory business.50:28 - Why he's looking to acquire a golf course for more event space.49:12 - What an average day looks like for Alex.54:04 - How Twitter has fueled interest and growth for the consulting business.55:01 - What some of the downsides of running a wedding event space are.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESThe Everything Guide to House Hacking by Robert Leonard.Related episode: Listen to REI192: Building an Empire w/ Nick Huber or watch the video.Related episode: Listen to MI288: Experiencing Unique Stays w/ Ben Wolff or watch the video.Related episode: Listen to MI285: The Art of Tax Optimization w/ Mitchell Baldridge or watch the video.Kevin Kelly on 1000 True Fans.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.Help us understand our audience better so we can create a more intentional user experience by answering this survey!P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Shape and flex your home loans how you want with Athena. Join the thousands of Aussies taking control of their mortgage today.Enjoy an all-in-one personal finance app that gives you a comprehensive view of all your accounts, investments, transactions, cash flow, net worth, and more, with Monarch Money. Get an extended thirty-day free trial today.Learn from the world's best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Your home might be worth more than you think. Earn extra money today with Airbnb.Support our free podcast by supporting our sponsors.Connect with Patrick: Twitter Connect with Alex: Twitter | Website See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nothing induces cold sweats and sleepless nights like the thought of a letter from the IRS, or heaven forbid, an audit! After all, there are famous examples in the news about people going to prison for not paying their taxes, or being accused of tax fraud. Many new business owners needlessly worry about taxes and the IRS, however. With a little bit of knowledge, basic record keeping, and a good accountant, business owners can ensure they know their tax liability and pay taxes on time, every time, and avoid scrutiny from the IRS.   Mitchell Baldridge is a CPA and works with business owners every day to help them understand their tax situation, and file their taxes correctly and on time each time. Mitchell walks through the basic taxes every business owner needs to know about and pay, and Scott shares his experience in records management on keeping clean records and making tax time a stress-free process.   Get in touch with the hosts!   Mitchell Baldridge Twitter: @baldridgecpa https://baldridgecpa.ck.page https://baldridgefinancial.com   Scott Hambrick Twitter: @hambrickscott IG: @ogscotthambrick https://onlinegreatbooks.com

What's the key to paying fewer taxes? A cost segregation study. Never heard of it? Most real estate investors haven't, but we're about to unlock a world of tax-free income earning using this specific tool. If you've wondered how the wealthy pay such few taxes while owning million-dollar-producing real estate, this is how. In today's episode, you'll learn how to use cost segregation, too, so you can keep more money in your pocket. Taxes aren't everyone's favorite subject, but paying fewer taxes? You can probably get behind that. We've brought on CPA and CFP Mitchell Baldridge to explain how he helps real estate investors, large and small, delete their taxable income and build their real estate portfolios faster. Our own Rob Abasolo uses Mitchell's team to cut his taxes down by more than six figures! In this episode, we'll explain what cost segregation is, why so many top real estate investors use it to lower their taxes, when you can (and can't) use it on your properties, the short-term rental tax “loophole” to take advantage of, AND what happens when you do it wrong. In This Episode We Cover: How to wipe out your income taxes using cost segregation studies Bonus depreciation and writing off your property faster than before Using real estate losses to lower your W2 or business income The short-term rental “loophole” ANYONE can use to reduce their taxable income Carrying over losses and why top real estate investors will NEVER stop buying property Caveats and pitfalls of cost segregation and when it can come back to bite you And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Davids's BiggerPockets Profile David's Instagram Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Landlord Tax Loopholes That'll Help You Pay ZERO Taxes Can a Cost Segregation Study Help You Lower Your Taxes? Connect with Mitchell: Baldridge Financial Better Bookkeeping RE Cost Seg STR Cost Seg Mitchell's Twitter/X Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-823 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Stupid Tax podcast, a show all about small business. The world's most famous accountant, Mitchell Baldridge, and lifetime small business owner Scott Hambrick dive into all aspects of small business: how to get started, building a sales funnel, managing your books, optimizing your taxes, and more. As Mitchell says, starting a small business is the best tax deal in America, and one of the best chances for the average person to build generational wealth and achieve autonomy in their work life.   Get in touch with the hosts!   Mitchell Baldridge Twitter: @baldridgecpa https://baldridgecpa.ck.page https://baldridgefinancial.com     Scott Hambrick IG: @ogscotthambrick https://onlinegreatbooks.com  

Patrick Donley (@JPatrickDonley) sits down with Mitchell Baldridge to chat about his thesis of buying a business, buying real estate, employing tax strategies, enjoying the cash flow, and paying little to nothing in taxes. You'll also learn in more detail about the tax benefits of owning a small business, why a cost segregation study makes sense, what it has been like launching several new companies, and how Twitter has accelerated his career by decades.Mitchell Baldridge is a Certified Public Accountant and Certified Financial Planner with vast experience in corporate accounting, business advisory, and financial planning. His passion is building lifelong relationships with business owners to help them thrive. He founded Baldridge Financial in 2014 to realize his dream of helping business owners achieve their financial goals.He's also involved in several other businesses including Better Bookkeeping, RE Cost Seg, and Tax Credit Hunter. IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro02:40 - What Mitchell's thesis is for wealth and tax optimization.04:48 - What a Real Estate Professional is.06:39 - What the tax benefits of owning a small business are.09:50 - What the different retirement plans are that solopreneurs can take advantage of.12:40 - What is qualified business income?14:55 - Why it is important to stay current on the tax codes.15:36 - What are the benefits of cost segregation?29:30 - How Mitchell teamed up with Nick Huber and what their competitive advantages are.32:06 - How Mitchell got Better Bookkeeping started.44:02 - Why the distribution Twitter provides has been so critical to his success.49:42 - What lessons he learned from Sam Zell.51:41 - What are the two questions he asks before pursuing an opportunity?59:01 - How he would spend $1000 if he was starting a new business.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESThe Everything Guide to House Hacking by Robert Leonard.Smart Friends podcast.Related Episode: Listen to REI173: The Power of Cost Segregation w/ Yonah Weiss or watch the video here.The Goal by Eliyahu Goldratt.The Power Broker by Robert Caro.Kevin Kelly's 1000 True Fans.The General Ledger newsletter.The Almanack of Naval Ravikant by Eric Jorgenson.Unreasonable Hospitality by Will Guidara.Shoe Dog by Phil Knight.Scaling Up Compensation by Verne Harnish.Who Is Michael Ovitz? by Michael Ovitz.Confessions of an Advertising Man by David Ogilvy.Better Bookkeeping.Cost Segregation - https://recostseg.com.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert's favorite tool for picking stock winners and managing our portfolios: TIP Finance.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Learn from the world's best minds - anytime, anywhere, and at your own pace with Masterclass. Get 15% off an annual membership today.Make investing in Short Term Rentals aka Air-BNBs simple, passive, and profitable with Techvestor. Listeners of Millennial Investing get better terms by just mentioning "Millennial Investing!" Sign up and book your call with their Investor Relations Team to get started today.Support our free podcast by supporting our sponsors.Connect with Patrick: Twitter Connect with Mitchell: Twitter | WebsiteSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Real Estate investing is seen as the holy grail of passive income and wealth independence. One of the popular facets of real estate investing is the tax advantage that much of the IRS code provides to the owner/operator. High on the list of cocktail party chatter topics is the concept of COST SEGREGATION. It is a way to deconstruct the components of real estate developments, depreciate them faster than the normal life of a building and net the deductions against other income. To explain this concept, MITCHELL BALDRIDGE joins the podcast. The Texas-based CPA and CFP will take us through the ins and outs of Cost Segregation Studies and discuss the importance of solid bookkeeping and delegation for entrepreneurs and other business operators Cost Segregation -Describing the concept - accelerated depreciation and deductions-Potential benefits in numbers-Types of projects where it works (Who is it for?)-Process- getting study, dotting i's, building in documentation now and forward-Traps for the unwary- Sloppiness, Passive vs Active income, Full-Time Real Estate Occupation, -Recapture- what it is and how to manage it Bookkeeping and Bulletproofing your Business for Future Sale -Importance of dotting i's-Looking for tax savings-Delegating intensive work-Coordinating with advisors https://www.betterbookkeeping.com/ How do we find you? https://twitter.com/baldridgecpa Links https://www.recostseg.com/ https://baldridgefinancial.com/services/cost-segregation/ https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/

In this video, Nick Huber and Mitchell Baldridge, CPA, discuss tax efficiency and things you can do to defer and pay less taxes.  From section 179 to QSBS to retirement accounts, they cover the things you MUST KNOW if you run a small business. If you want to learn more about Nick and Mitchell's tax related companies, check out RE Cost Seg, Tax Credit Hunter and Better Bookkeeping.   Timestamps: 03:13 - S-Corps 08:14 - QBI optimization 14:50 - Bonus Depreciation 21:20 - Section 179 and car mileage 30:11 - Mega Backdoor ROTH 33:55 - ERC Tax Credit  39:09 - R&D Tax Credit 41:14 - 45L Tax Credits 42:40 - Donor Advised Funds 47:07 - “The Augusta Rule” 48:41 - SALT Cap Workarounds 51:03 - Q&A   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Special thanks to the sponsors: https://www.betterbookkeeping.com - End to end tax and financial service for founders and soloprenuers https://Recostseg.com - Lower your taxes and increase cash flow https://Taxcredithunter.com - Helping businesses claim millions in tax credits   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Join my Real Estate community here: https://sweatystartup.com/rec   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Here are the links to my businesses: Business Brokerage - https://nickhuber.com/ Personal Brand - https://sweatystartup.com/ Self Storage - https://boltstorage.com/ Bold SEO - https://boldseo.com/ Insurance - https://titanrisk.com/ Recruiting - https://recruitjet.com/ Landing Page / Web Development - https://webrun.com/  Overseas Staffing - https://supportshepherd.com/ Debt and Equity - https://bluekeycapital.com/ Tax Credit - https://taxcredithunter.com/ Cost Segregation - https://recostseg.com/ Performance Marketing - https://adrhino.com/ Pest control - https://spidexx.com/

Links: David on Twitter Mitchell on Twitter Founders Podcast Stuff mentioned: Jocko Go Drink Capital Camp People mentioned: Jeremy Giffon on Twitter Brent Beshore on Twitter Clayton Dorge - CEO of Capital Camp Books mentioned: Setting the Table by Danny Meyer Becoming Trader Joe by Joe Coulombe In-N-Out Burger: A Behind-the-Counter Look at the Fast Food Chain That Breaks All the Rules by Stacy Perman Sam Walton: Made in America The Power Broker: Robert Moses and the Fall of New York by Robert Caro The Creative Act by Rick Rubin Creative Selection: Inside Apple's Design Process During the Golden Age of Steve Jobs by Ken Kocienda Podcasts mentioned: Jocko Podcast Modern Wisdom w/ Chris Williamson Founders episode 305 - Robert Caro Invest like the Best w/ Sam Hinkie  Smart Friends - Kevin Espiritu Invest like the Best with Peter Chernin Acquired - Louis Vuitton Audience of one with Jeremy Giffon Infinite Loops: Billy Oppenheimer Timestamps (00:04:09) David & Jocko Go: a Love Story (00:15:49) Recapping Capital Camp (00:40:35) The power of audio & writing, Sam Hinkie, Podcast recommendations (00:50:37) Finding conviction in your career pursuits (00:56:58) The opportunity for niche businesses (01:06:29) Power Leaking & the HoldCo phenomenon (01:21:47) Favorite moments from Capital Camp (02:00:49) The power of taste (02:09:23) The Climb and the Summit To support the costs of producing this podcast:  >> Buy a copy of the Navalmanak: www.navalmanack.com/  >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage  >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Or at least give the podcast a positive review to help us reach new listeners!

Welcome to the Real Estate | Build Or Die Conference. It's going to be a day of learning from some of the top minds in the real estate world. We have a lineup of speakers that all have specialization and expertise across the real estate industry. ================== Thank you to our event partners: Investment.com: http://investment.com/ Investment.com specializes in real estate franchises and income strategies, all while putting the customer in focus. They prioritize equitable and inclusive investment practices to generate passive income and build diverse portfolios -- all while lowering the cost of entry to these asset classes. Click here (http://investment.com/) to see more of what Investment.com has to offer. RE Cost Seg: https://www.recostseg.com/ RE Cost Seg helps real estate investors unlock massive tax savings through bonus depreciation. Our expert team delivered over 600 fully engineered cost segregation studies with $60 million in tax deductions over the last 12 months - from single family rentals to massive commercial portfolios. We offer virtual site visits which means we can deliver a study at a fraction of the cost and turnaround time of our competitors. Click here (https://www.recostseg.com/) for a free proposal to see your potential tax savings. ================== Chris Powers is the founder and executive chairman at Fort Capital. They are a Texas based real estate private equity firm that specializes in Class B industrial real estate. Nick Huber is the co-founder of Bolt Storage. Nick has previously built a number of businesses that he considers “sweaty startups.” He has now acquired over $100 million of storage facilities across the United States. Keith Wasserman from Gelt Inc. Keith has built a massive portfolio of multi-family units all across the western part of the United States. Adam Littlefield is the Chief Real Estate Officer at Investment.com. They are doing something brand new when it comes to short-term rentals. Omar Morales from Berkadia. He has helped process over $3 billion of transactions in the South Florida market. Mitchell Baldridge is the owner of Baldridge Financial. He is also the managing partner of RE Cost Seg, which is a brand new business that has done innovation around how they deliver cost segregation studies. Jake Wurzak is the founder and CEO of Dovehill Capital Management. They specialize in all sorts of hospitality, and they are pursuing excellence in everything that they do.

Do you find yourself struggling to make good decisions in tough times? In this exciting episode of The Sweaty Startup. I'm doing a rerun of one of my favorite episodes about the topic of having a Radical Mindedness. This helped me and I believe this will help you too! Enjoy! Join the two leading experts in real estate investing and taxation, Nick Huber and Mitchell Baldridge this May 18th as they delve into the complex world of real estate tax strategies. Reserve your spot here: https://lu.ma/ahdkb6uu   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Work with us! Click here to apply: sweatystartup.com/apply   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Join our Real Estate community: https://sweatystartup.com/rec Special thanks to the sponsor: https://launchkits.com/sweaty We have a Reddit community: https://www.reddit.com/r/sweatystartup/ Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage

I'm going to talk about hiring your replacement. Maybe you're growing. Maybe there's an opportunity to scale up, do more, go to the town next door, do more stuff, different stuff, whatever it might be. I've been there, and I'm going through it now with our real estate private equity company that we're building. And I just want to talk a little bit about some mistakes that I see people make all the time when it comes to hiring executive-level management.   Join the two leading experts in real estate investing and taxation, Nick Huber and Mitchell Baldridge this May 18th as they delve into the complex world of real estate tax strategies. Reserve your spot here: https://lu.ma/ahdkb6uu   FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   Work with us! Click here to apply: sweatystartup.com/apply   Check the show notes here: https://sweatystartup.com/the-sweaty-startup/   Join our Real Estate community: https://sweatystartup.com/rec Special thanks to the sponsor: http://supportshepherd.com We have a Reddit community: https://www.reddit.com/r/sweatystartup/ Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage

This episode is a rerun from one of the most downloaded episodes in The Nick Huber Show. I share my strategy on how I find true market rent and generate huge revenue.    ​Join the two leading experts in real estate investing and taxation, Nick Huber and Mitchell Baldridge this May 18th as they delve into the complex world of real estate tax strategies. Reserve your spot here: https://lu.ma/ahdkb6uu FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec   Special thanks to the sponsors: https://junipersquare.com https://recostseg.com/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter   Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com

The Nick Huber Show ✓ Claim Podcast Notes Key Takeaways Capital providers are waiting for interest rates to stabilize prior to coming back into the real estate marketDespite how it may seem on Twitter, it is actually really hard to make money in the real estate businessClass A storage is branded as “nice storage” but it requires renting a truck, moving your stuff with a dollie, putting it on an elevator, etc. As interest rates rise, the people with the capital can now park it in treasury bills and earn 4-5% “risk-free” instead of allocating to real estate ventures The risk-free rate is no longer 0% like it was for much of the last several yearsMany real estate investors, accountants, and CPAs are not aware of cost segregationAny real estate that people have bought after September 2017 can still be cost-segregated, or “cost-segged” by filing a Form 3115 Cost segregation is effectively borrowing money from the IRS and works best when you plan to hold the property for several years You get a look into someone's brain when you follow them on TwitterSharing what you know on Twitter can pull forward your career trajectory by twenty years Twitter is a modern-day business tool to build trust and friendships at scaleThe ability to simplify complex topics and share that with the world is a superpower Read the full notes @ podcastnotes.orgToday's episode is a repost from The Fort podcast by Chris Powers that originally aired on February 16th, 2023. I sit down with Chris and my business partner Mitchell Baldridge to discuss the current real estate market, how Twitter changed our lives, and Mitchell and I's new business RE Cost Seg. Chris is a mentor of mine and I highly recommend listening to his podcast, The Fort. https://www.thefortpod.com If you want to learn more about RE Cost Seg, please click here. https://www.recostseg.com Thank you and I hope you enjoy the conversation. FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03 Check my free resources about Real Estate: https://sweatystartup.com/courses/ Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101 We're hiring! Visit: https://sweatystartup.com/hiring Check my free resources about Real Estate: https://sweatystartup.com/courses/ Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec Special thanks to the sponsors: • https://junipersquare.com • https://recostseg.com/ Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com 

The Nick Huber Show ✓ Claim Podcast Notes Key Takeaways Capital providers are waiting for interest rates to stabilize prior to coming back into the real estate marketDespite how it may seem on Twitter, it is actually really hard to make money in the real estate businessClass A storage is branded as “nice storage” but it requires renting a truck, moving your stuff with a dollie, putting it on an elevator, etc. As interest rates rise, the people with the capital can now park it in treasury bills and earn 4-5% “risk-free” instead of allocating to real estate ventures The risk-free rate is no longer 0% like it was for much of the last several yearsMany real estate investors, accountants, and CPAs are not aware of cost segregationAny real estate that people have bought after September 2017 can still be cost-segregated, or “cost-segged” by filing a Form 3115 Cost segregation is effectively borrowing money from the IRS and works best when you plan to hold the property for several years You get a look into someone's brain when you follow them on TwitterSharing what you know on Twitter can pull forward your career trajectory by twenty years Twitter is a modern-day business tool to build trust and friendships at scaleThe ability to simplify complex topics and share that with the world is a superpower Read the full notes @ podcastnotes.orgToday's episode is a repost from The Fort podcast by Chris Powers that originally aired on February 16th, 2023. I sit down with Chris and my business partner Mitchell Baldridge to discuss the current real estate market, how Twitter changed our lives, and Mitchell and I's new business RE Cost Seg. Chris is a mentor of mine and I highly recommend listening to his podcast, The Fort. https://www.thefortpod.com If you want to learn more about RE Cost Seg, please click here. https://www.recostseg.com Thank you and I hope you enjoy the conversation. FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03 Check my free resources about Real Estate: https://sweatystartup.com/courses/ Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101 We're hiring! Visit: https://sweatystartup.com/hiring Check my free resources about Real Estate: https://sweatystartup.com/courses/ Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec Special thanks to the sponsors: • https://junipersquare.com • https://recostseg.com/ Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com 

Today's episode is a repost from The Fort podcast by Chris Powers that originally aired on February 16th, 2023. I sit down with Chris and my business partner Mitchell Baldridge to discuss the current real estate market, how Twitter changed our lives, and Mitchell and I's new business RE Cost Seg. Chris is a mentor of mine and I highly recommend listening to his podcast, The Fort. https://www.thefortpod.com If you want to learn more about RE Cost Seg, please click here. https://www.recostseg.com Thank you and I hope you enjoy the conversation. FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03 Check my free resources about Real Estate: https://sweatystartup.com/courses/ Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101 We're hiring! Visit: https://sweatystartup.com/hiring Check my free resources about Real Estate: https://sweatystartup.com/courses/ Read the full show notes here: https://sweatystartup.com/series/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec Special thanks to the sponsors: • https://junipersquare.com • https://recostseg.com/ Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com 

Links: David on Twitter Mitchell on Twitter Founders Podcast Invest like the best How to Take Over the World Hard Drive: Bill Gates and the Making of the Microsoft Empire Joe Lonsdale - Lessons from Peter Thiel Topics: (5:51) - David's dinner with Charlie Munger (29:33) - The power of Podcasting, Chris Powers, and innovation (36:21) - How to make a successful Podcast (47:42) - The Scarcity of GREAT ideas (55:30) - Self-funding businesses and the philosophy behind Venture Capital (1:14:27) - Mitchell's new business (1:55:53) - Travel plans, meet-ups and live events! To support the costs of producing this podcast:  >> Buy a copy of the Navalmanak: www.navalmanack.com/  >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage  >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Or at least give the podcast a positive review to help us reach new listeners! 

EPISODE #264 In today's episode, Chris sits down with Mitchell Baldridge and Nick Huber to discuss the current real estate market, how Twitter changed their lives, and cost segregation.Nick has been a small business owner since his final year of college when he started a student storage business with his friend, and after expanding to 25 towns over 10 years, he exited for $7 million.Nick has also acquired 42 self-storage facilities with over 1,000,000 square feet under management while raising over $20 million in capital.Mitchell is a Certified Public Accountant and Certified Financial Planner with vast experience in financial planning and corporate accounting. In 2014 he founded Baldridge Financial to achieve his dream of helping other business owners achieve their financial goals.Make sure to listen in!Key Takeaways:Intro (00:00)The problem with the real estate business right now (01:52)What's happening in the market right now? (04:44)The impact of supply on rental rates (11:55)The difference between Class A, B, and C buildings (22:19)What's going on with interest rates? (30:09)Why is cost segregation taking off now? (44:41)How Twitter changes lives (58:28)Building trust with Twitter (1:05:32)Advice on online networking (1:15:50)Additional Resources:➡️ See Nick's podcast 'The Sweaty Startup'➡️ See more about the work Mitchell does here: https://baldridgefinancial.com/➡️ Learn more about Relay Human Cloud ➡️ Fort Capital: www.FortCapitalLP.com➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris➡️ Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/➡️ Sign Up for our Newsletter: https://newsletter.thefortpod.com/➡️ Subscribe to The FORT on YouTube--The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.Be sure to follow the podcast, so you never miss an episode!

Mitchell and Drew discuss how real estate can be a tax break,  growing an audience on twitter, advice to others, and what the future of accounting is going to be like! Show notes are listed below with time stamps to certain topics.1:30 - Real Estate in Taxes5:30 - Market to Market10:00 - Cost Segregation Study17:30 - Leaving your family with a plan21:50 -  Growing Network on Twitter31:45 - What in your industry has changed41:00 - Advice to younger self43:32 - Drew's 5 year plan

Automation in small businesses is like the… peanut butter and jelly of.. automation.. applications. This week, special guest Mitchell Baldridge shares how he automates his small businesses, Now Jake McCringleberry? Being named Mayor of AutomationTown? This isn't good. In fact it's very bad. The crew explores what's next for AutomationTown, and how to unwind this mess.SHOW NOTES:—------------------------------------------Olivia Look (Zapier Expert): https://twitter.com/0h_lookZapier OpenAI: https://zapier.com/apps/openai/integrationsMitchell Baldridge: https://twitter.com/baldridgecpaBetter Bookkeeping: https://www.betterbookkeeping.com/Noloco: https://noloco.io/Airtable: https://airtable.com/Stacker: https://www.stackerhq.com/Softr: https://www.softr.io/Zapier Apps: https://zapier.com/appsAUTOMATIONTOWN SOCIALS:—------------------------------------------Twitter: https://t.jo.my/twitterWeb: https://t.jo.my/automationtownRSS Feed: https://t.jo.my/rssABOUT HOSTS:—------------------------------------------Jason StaatsTwitter: https://t.jo.my/jstaats-twitterYoutube: https://t.jo.my/jason-youtubeChad DavisTwitter: https://t.jo.my/chad-twitterLinkedIn: https://t.jo.my/chad-linkedinAUDIO PRODUCTION:—------------------------------------------Paul O'Mara - https://t.jo.my/paulomaraSPONSORS:—------------------------------------------LiveFlow: https://jo.my/liveflowWant to sponsor an event, character, local sports team? Contact us at https://t.jo.my/sponsorcontact 

Links:   Domo.so Grace on Twitter Mitchell on Twitter Domo on Twitter Jorgenson's Soundbox #38 with Athena Jorgenson's Soundbox #52 with Zach Pettet     Sponsor:   Athenago.com Givewell.org     Topics:   (5:21) - Introducing Grace and Mitchell (5:58) - Who are your heroes? (8:27) - How did you discover there was a need for Domo? (17:22) - How are you thinking about incorporating fiat-based companies with Domo? (21:18) - Who are the customers for this and how would you get accounting done for this? (25:41) - What kind of real world applications do you envision for Domo? (31:49) - Is invoicing one of the bigger features? (32:22) - How did you start the company? (36:44) - DAO Tooling (37:43) - Domo's ability to build horizontally or vertically (40:53) - The decades outlook for crypto & blockchain (54:03) - How differently do these chains behave? (58:32) - Has anything gotten measurably harder at the end of 2022 vs. the beginning? (1:00:35) - Are you getting inbound interest from accountants? (1:03:57) - What is the next step to getting crypto bookkeeping to the ideal person? (1:08:20) - Grace's experience hiring with Athena (1:13:10) - Manifesting the crypto future (1:15:18) - How can people reach you?       To support the costs of producing this podcast:  >> Buy a copy of the Navalmanak: www.navalmanack.com/  >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage  >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Give the podcast a positive review to help us reach new listeners 

In this episode we dive deep on real estate taxes and discuss how incredibly tax efficient it is. Mitchell Baldridge from recostseg.com joins us to discuss bonus depreciation, cost segregation and more. We discuss recapture, real estate professional status and depreciation schedules on commercial and residential real estate.   baldridgefinancial.com recostseg.com boltstorage.com   Check out my free Delegation / Hiring 101 course! Click here: https://nickhuber.podia.com/delegation-hiring-101   We're hiring! Visit: https://sweatystartup.com/hiring   Check my free resources about Real Estate: https://sweatystartup.com/courses/   Read the full show notes here: https://sweatystartup.com/the-nick-huber-show/ Join my Real Estate community here: https://sweatystartup.com/rec   Special thanks to the sponsors: •https://junipersquare.com •https://recostseg.com/   Twitter Growth Mastery Course: https://sweatystartup.com/twitter Want to hire me as a consultant? Click here: https://sweatystartup.com/storage   Have some questions? Send me an email and I'll feature you in the next episode: nick@sweatystartup.com  

Topics: (4:12) - David on how to grow a podcast & Mitchell as a connector (13:32) - David on changing the structure of his podcast (15:58) - Creator-Led Business, Kobe Bryant, Arnold Schwarzenegger & Balaji (36:49) - The genius of Berkshire Hathaway & The power of Twitter (51:24) - Creator Economics & Story time with David Senra (1:06:38) - Eric's impact on David (1:09:48) - Mitchell's career model & Building a bookkeeping business (1:28:11) - Focusing career growth (2:04:32) - Thoughts on TikTok (2:16:43)- How the guys spend their time (Finding operational leverage) (2:21:29) - Trying to convince Mitchell to start a podcast (2:24:34) - David's thoughts on his new business model  (2:33:38) - Wrap Up   Links: - The Founder's Podcast w/ David Senra - Connect with Mitchell Baldridge - Mitchell Baldridge on Twitter - David Senra on Twitter - BetterBookkeping.com - David's appearance on Jorgenson's Soundbox - Mitchell's appearance on Jorgenson's Soundbox - Trung Phan on Twitter - Sam Hinkie - WorkWeek - Coked Up Options on Twitter - Ed Thorpe on The Tim Ferriss Show - Business Breakdowns - Berkshire Hathaway - Money20/20 - George Mack on Twitter - Frank Niu on TikTok   To support the costs of producing this podcast:  >> Buy a copy of the Navalmanak: www.navalmanack.com/  >> Sign up for my online course and community about building your Personal Leverage: https://www.ejorgenson.com/leverage  >> Invest in early-stage companies alongside Eric and his partners at Rolling Fun: https://angel.co/v/back/rolling-fun >> Join the free weekly email list at ejorgenson.com/newsletter >> Text the podcast to a friend >> Give the podcast a positive review to help us reach new listeners  >> Name-your-price subscription monthly, annual, or one-time: https://app.omella.com/o/9Bufa  >> Follow me on Twitter: @ericjorgenson >> Get in touch about sponsoring this podcast by replying to an email or DMing me on Twitter.

Michael Girdley (@Girdley) and Bill D'Alessandro (@BillDA), talk about one cool Deal that has a dried fruits and nuts kiosk in Denver International airport and the other, an Innovative Deal, a professional tool created by firefighters. We also look at ways to scale these deals and the growth potential from a marketing perspective.-----Thanks to our sponsors!* CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Show Notes:(00:00) - Intro(00:45) - Our sponsor is Cloudbookkeeping.com(02:09) - Deal 1: A nut kiosk in the Denver airport?!(04:38) - Why is some guy in Las Vegas selling a nut kiosk in Denver?(10:48) - What are the insights when it comes to economies to scale?(13:05) - How to defend from a landlord trying to capture all the value from you?(14:35) - How do we think about potential customers & walking traffic? Is there a chance of cross-selling other products? How?(16:55) - Deal 2: A product invented by firefighters - Cool Deal Alert!(20:55) - Growth potential of the product? Let's talk about product design, marketing & distribution: Why is this deal so interesting? (25:35) - Channel risk & channel dependency. What should you consider?(28:08) - Branding & potential niches to cover?-----Links:* https://fcbb.com/retail/denver-intl-airport/semi-absentee-owner-denver-airport-dried-fruit-and-nut-kiosks-101-20919-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#106 A Pet Product and Saas business for sale. Which one do we like?#105 How to Make Money in the E-Commerce Game - Bill D'Alessandro gives an e-Commerce masterclass - part 1#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold reach seller and we discuss 2 Deals#92 Wait... what? You laid-off 90% of your staff?!? - Pete Erickson joined us for an exciting WarStories episode!

Michael Girdley (@Girdley), Bill D'Alessandro (@BillDA), and Mills Snell (@thegeneralmills), we talk about an independent pet supply rep company in Alaska and Oregon. On the other hand, we looked at a second deal from a failing startup currently being sold on micro-acquire by Andrew and his team. Here we will figure out what they do, how the business works, and identify the Pros and Cons of the two deals.-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Show Notes:(00:00) - Introduction to A Pet Product and Saas business for sale(00:55) - Our sponsor is Cloudbookkeeping.com(03:50) - Deal 1: A highly successful company that services pet product customers in Washington, Oregon, Idaho, and Alaska(05:00) - What kind of Business Model does the pet rep company have? How does acting as a fractional salesforce help in the market?(08:14) - In terms of assets, What else is bought?(13:52) - Why would you like to buy yourself a job?(15:18) - How does Geographical importance affect growth opportunities?(23:26) - Deal 2: SaaS data analysis business(25:51) - A $17m red flag on MicroAcquire!(33:49) - How could the growth continue during the coming years?(37:17) - What kills Deals the most? Who would buy this?(38:50) - Understand the incentives of each stakeholder in a Deal(41:25) - What is the current state of the market for Saas businesses?-----Links:* Cloudbookkeeping.com* Subscribe to the podcast if you'd like to listen instead:-       https://podcasts.apple.com/us/podcast/acquisitions-anonymous/id1533153678-       https://open.spotify.com/show/4rbeAODKXwwEOxf905He22* Looking to become a sponsor? Write us an email at mirko@girdley.com* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold reach seller and we discuss 2 Deals#92 Wait... what? You laid-off 90% of your staff?!? - Pete Erickson joined us for an exciting WarStories episode!#87 Yelp is not evil! Building a business using digital CAC - Featuring Johnny Robinson from Orange Window Cleaning#79 What do Investors want? - Dig into an investor's mind with Bradford Hardin

Michael Girdley (@Girdley) and Bill D' Alessandro(@BillDA) are joined by Prateek (@prateekaneja), we talk about 2 Government compliance moats where the first one is a healthcare college in California and the second one is a home healthcare business in Connecticut. Let's take a deep dive into how to generate great margins by allowing the actual service-providing side of the business to maintain compliance with a great moat.-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Show Notes:(00:00) - Introduction(01:28) - Our sponsor is Cloudbookkeeping.com(03:48) - First Deal: A Profitable Accredited California Healthcare College with title IV for sale(04:26) - What does Title IV mean? Why does it matter?(06:15) - What are the highlights of California Healthcare College?(08:29) - How profitable is this knowing that it has a good margin?(10:24) - What are the online trends in the market? Is this a different business or layered on the fixed cost base?(13:23) - Is it a good thing when the college has an impressive title composite score of 2.77 and a 90/10 ratio of 85%?(16:06) - How is the scale or lack thereof of this business?(17:45) - What are the risks of acquiring the business?(19:30) - Have they built a compliance machine?(23:11) - 300-year old School in South Francisco](26:21) - Second Deal: a nonmedical home care service in Connecticut(28:32) - What is so striking about Home Healthcare?(30:57) - How does this business interact with government money? Is it related to the Social Services that they offer?(31:55) - What are the Pros and Cons of federal and state government funding low-income individuals as a revenue source?(37:57) - Why would someone consider this a good business?-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold reach seller and we discuss 2 Deals#92 Wait... what? You laid-off 90% of your staff?!? - Pete Erickson joined us for an exciting WarStories episode!#87 Yelp is not evil! Building a business using digital CAC - Featuring Johnny Robinson from Orange Window Cleaning 

Mills Snell (@thegeneralmills) is joined by Clint Fiore (@ClintFiore), to talk about 2 War Stories where we get the broker's perspective. We have an aging owner, health issues, family dynamics, and Key operators involved. Then we have a second Deal where there's some creative financing that must happen in order for the Deal to come through.-----Thanks to our sponsors!* CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Show Notes:(0:00) - Introduction to Weird & wonderful War Stories with Clint Fiore(1:07) - Our sponsor is Cloudbookkeeping.com(3:39) - 1st story: The owner has a terminal illness & wants to sell(7:30) - Walk us through a normal valuation process: How many sellers agree with it?(8:00) - A seller's perspective on minority owners: Avoid these mistakes.(11:35) - There's a systemic risk: General Manager needs to be involved in the Deal(14:01) - Is it possible to use Equity instead of cash? Did you need third-party appraisals?(19:25) - What is special about management buyouts?(22:35) - 2nd story: Winning through a creative earn-out (25:34) - How to identify your low-hanging fruit for businesses on sale(28:22) - What did you turn around to add that value?(33:30) - What makes a seller pull out after LOI(40:09) - How did you establish an earnout scheme?(46:02) - Begin with the end in mind is my biggest advice-----Links:* https://cloudbookkeeping.com/-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold reach seller and we discuss 2 Deals#92 Wait... what? You laid-off 90% of your staff?!? - Pete Erickson joined us for an exciting WarStories episode!#87 Yelp is not evil! Building a business using digital CAC - Featuring Johnny Robinson from Orange Window Cleaning#79 What do Investors want? - Dig into an investor's mind with Bradford Hardin#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dollar Loaner

Bill D'Alessandro (@BillDA) is joined by Casey (@CaseyCutsail); we talk about 2 Auto Parts Businesses for sale. He owns a business called DIY parts in the aftermarket automotive accessories niche. He also owns a 3 PL with three separate locations. We talked about a Deal he had under LOI but ultimately couldn't move forward and a second deal in the FBA automotive space. We appreciate his second-level insights on the listing that you wouldn't see on the first read-through unless you're in the industry.-----Thanks to our sponsors!* CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a "client service first" approach. They provide a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Show Notes:(00:00) - Introduction to 2 Auto Part Businesses for Sale(00:54) - Our sponsor is Cloudbookkeeping.com(02:41) - What do you need to know first about Casey's e-commerce business?(04:12) - Deal 1: Auto Parts business Deal(06:04) - What are Lift Supports?(07:35) - Did they make their gas charge struts, or were they a reseller of other brands?(08:33) - Did you learn anything post-LOI that made you change your mind?(12:20) - What did Casey start digging into first as his LOI got accepted? (13:42) - Why did the business start rolling over as soon as it was listed for sale?(16:00) - Bleeding the balance sheet: Pay attention to this seller's behavior(17:55) - What happened during Diligence? What was going on with the sales?(23:29) - Was there anything else that Casey took away from the process that will be useful in pursuing future deals?(26:06) - Introduction to 2nd Deal: Amazon FBA automotive space(29:32) - What's Casey's take on the accessories niche in the Automotive parts space generally? How do we understand niches?(32:43) - Why is surveying the competition on this deal significant?(35:10) - Why is the barrier to entry a significant factor?(37:00) - What are the two reasons why having two and a half million sales worth of business is tough?-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold-reach sellers and we discuss 2 Deals#87 Yelp is not evil! Building a business using digital CAC - Featuring Johnny Robinson from Orange Window Cleaning#79 What do Investors want? - Dig into an investor's mind with Bradford Hardin#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dol

Michael Girdley (@Girdley), Bill D'Alessandro (@BillDA) and Mills Snell (@thegeneralmills) are joined by Andrew Gazdecki (@Agazdecki) to talk about 2 Deals: A Shopify automated SMS and an eCommerce Cartoon generating illustration company. We also talk about how we see buyers, market prices, government financing grants, and more.-----Thanks to our sponsor!MoreNow.co: We help owners build a high functioning, experienced team by leveraging the top manager/director talent in the Phillippines.Go to morenow.co and fill out the form. Or email hire@morenow.co. Mention this pod for 20% of your first hire.-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Acquisitions Anonymous Episode 100!Show Notes:(1:14) - Morenow.co(3:06) - Andrew Gazdecki is our Guest today!(9:12) - What are you seeing on the buyer's side? (13:01) - Government financing grants(14:29) - How do we see the market right now? What's going on with the prices?(15:51) - Deal 1: Shopify automated SMS tool(16:00) - How does it work? How do we understand its value?(19:00) - Why is this business so profitable? What is their cost structure like?(20:40) - What is the technology like for this business? Is there proprietary software here?(22:00) - Who would buy this?(25:02) - What is the challenge of starting this business?(26:00) - QSBS tax treatment: How does it work?(29:00) - Deal 2: eCommerce Cartoon generating illustration company(30:35) - How do we think about this business? What is the CAC like?(34:10) - What is the durability of the revenue stream?(35:50) - Bonus deal: Procurement software Saas business-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold reach sellers and we discuss 2 Deals#92 Wait... what? You laid-off 90% of your staff?!? - Pete Erickson joined us for an exciting WarStories episode!#87 Yelp is not evil! Building a business using digital CAC - Featuring Johnny Robinson from Orange Window Cleaning#79 What do Investors want? - Dig into an investor's mind with Bradford Hardin#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dollar Loaner

Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) are joined by Eric Pacifici (@SMB_Attorney), to talk about all things legal:M&A legal documentation, what an attorney does, the different legal aspects between small and big deals, litigation, indemnification, intervening when the lawyers slow down your deal, buyer & seller best practices on deals, negotiation leverages, and MUCH more.-----Thanks to our sponsors!* CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----* Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.* Do you enjoy our content? Rate our show!* Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.-----Show Notes:(00:00) - Introduction to legal secrets you need to know for SMB M&A(00:50) - Our sponsor is Cloudbookkeeping.com(02:15) - SMB Attorney has Come Out of the Closet!(05:46) - How Do You Find An Attorney?(11:36) - What is Indemnity and the Mechanics Around It?(21:00) - What is a realistic amount of time budgeted for legal documentation?(23:53) - How can you keep your deal on time when an assessor slows you down?(27:00) - How can you keep the other parties' lawyers on time to avoid a deal from breaking down?(36:06) - What is the role of the lawyer in the deal?(38:55) - Who should prepare legal documents? Buyer, seller? How does that play in the evolution of the deal?(43:02) - Big Firms vs small firm tradeoff: What's to note?(48:04) - Money, fees & fee structure: Explained(54:10) - What usually prevents litigation?-----Past guests on Acquanon include Nick Huber, Brent Beshore, Aaron Rubin, Mike Botkin, Ari Ozick, Mitchell Baldridge, Xavier Helgelsen, Mike Loftus, Steve Divitkos, Dzmitry Miranovich, Morgan Tate and more.-----Additional episodes you might enjoy:#98 Insurance Broker Secrets for Business Buying - Tom Gilroy - Acquisitions Anonymous Episode 98#96 From W-2 to Business Owner - Patrick Dichter tells us how to cold reach seller and we discuss 2 Deals#92 Wait... what? You laid-off 90% of your staff?!? - Pete Erickson joined us for an exciting WarStories episode! #79 What do Investors want? - Dig into an investor's mind with Bradford Hardin#75 SBA Loan Secrets with Heather Endresen, expertise from a Billion-Dollar Loaner