The LearnLikeaCPA Show Ryan Bakke

In this episode of the LearnLikeaCPA Podcast, Saad Dar, a former CPA and investor at Baselane, shares his expertise on real estate investing and the role of fintech in the industry. Join us to learn valuable insights from Saad's experiences and gain practical tips for real estate investment.



In this episode, you'll learn:



- Saad Dar's journey from CPA to investor

- The story behind Baselane and its vision for real estate investors

- The importance of knowing your numbers in real estate investing

- How Baselane's reports and dashboard can benefit real estate investors

- Saad Dar's top tip for individuals looking to venture into real estate investing





Follow Ryan online: https://www.instagram.com/learnlikeacpa/



Timestamps:

00:00 Transitioning from audit to advisory.

03:22 How frustration with real estate tools leads to innovation.

08:04 How the CPA partner program simplifies financial statement creation.

11:00 Assessing property performance.

14:49 Finding a community for support in overwhelming content.

16:32 Where to find Basslane and Saad.



Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors



Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application



Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa



*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode, our host, Ryan Bakke, sits down with special guest, Patryk Swietek, to discuss the ins and outs of buying property management companies for cash flow.

In this episode, we cover:
- Patryk's journey from selling server space online at 14 to buying his first short term rental property
- The challenges and lessons learned from buying and managing short term rental properties
- The importance of valuing and structuring deals when buying property management companies
- Insights into the profitability and scalability of property management businesses
- Tips for accessing funds and resources to start investing in property management companies

Follow Patryk online: https://www.instagram.com/patryk_swietek/

Timestamps:
00:00 People management skills.
05:23 Partnering up to flip and renovate properties.
09:15 How to value contracts.
10:44 Unique acquisition strategies.
14:25 How to increase your business's valuation.
17:23 Buying businesses with SBA loans.

Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors
► Join here: https://www.facebook.com/groups/taxstrategyforinvestors

Interested in working with me? Apply here:
► https://learnlikeacpa.mykajabi.com/Application

Let's connect!
► Instagram: https://www.instagram.com/learnlikeacpa
► LinkedIn: www.linkedin.com/in/learnlikeacpa
► Twitter: https://twitter.com/LearnLikeaCPA
► Facebook: https://www.facebook.com/learnlikeacpa
► Tiktok: https://www.tiktok.com/@learnlikeacpa

*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of LearnLikeaCPA Podcast, our guest Dave Menapace shares his journey from healthcare consulting to real estate investment and co-hosting business. Dave discusses his experience in short term rentals and consulting, and provides valuable insights for those looking to transition from a W-2 job to real estate.In this episode, we cover:- Dave's background in healthcare consulting and his entry into real estate investment.- The reasons behind Dave's decision to purchase his first house and how it led to short term rentals.- Dave's experience with scaling from one to nine properties and the financing strategies he utilized.- The evolution of Dave's business from co-hosting to consulting and mentoring in the real estate industry.- Advice for individuals looking to transition from a W-2 job to a career in real estate and how to approach the shift with confidence.



Follow Ryan online: https://www.instagram.com/learnlikeacpa/



Timestamps:

[00:00:00] Intro

[00:00:24] Transitioned from healthcare IT to consulting director.

[00:05:21] Launched short-term rental business in Bethel, Maine.

[00:08:30] First client unknowingly helped start company. Increased rates.

[00:11:36] Encouraging homeowners to consider self-management of properties.

[00:16:26] Clarify vision and goals for real estate.

[00:17:25] Prioritize serving, self-image, and clarity.



Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors



Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Podcast



Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa



*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this LearnLikeaCPA Podcast episode, join host Ryan Bakke and guest Shannon Harr as they discuss Shannon's journey into real estate investing and the impact of tax strategies on her business.Covered in this episode:- How Shannon's experience at a boot camp transformed her real estate investment plans- The influence of Dave Ramsey's financial principles on Shannon's early investing decisions- Shannon's understanding of passive and active losses in real estate- The role of short term rental tax loopholes in offsetting federal tax liability- The importance of accurate bookkeeping and the impact on tax deductions



Follow Ryan online: https://www.instagram.com/learnlikeacpa/



Timestamps:

[00:00:00] Intro

[00:00:50] Boot camp propelled my confidence and success.

[00:06:03] Regret selling old home for new build.

[00:09:10] Greater control leads to fewer missed deductions.

[00:10:39] Reconsidering financial plans to improve bankability and options.

[00:14:00] Learned about cost segregation, short-term rental tax.



Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors



Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Podcast



Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa



*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this LearnLikeaCPA podcast episode, host Ryan Bakke and special guest Assaf Karmon discuss the journey of creating the property management app, Turno, and the benefits of using bonus depreciation in real estate investing. In this episode, we cover:- Assaf's vision for Turno and how it evolved to solve various problems in the short term rental industry.- The challenges of launching the app and acquiring the first customer.- How property owners can streamline their operations using Turno for multiple properties.- Insights on vetting and managing cleaners for short term rentals.- The benefits of bonus depreciation and tax strategies for real estate investors.



Follow Ryan online: https://www.instagram.com/learnlikeacpa/



Timestamps:

[00:00:00] Intro

[00:00:36] Created app to solve scheduling, found more challenges.

[00:05:39] Balancing customer and cleaner satisfaction in business.

[00:07:19] Fair pay leads to better performance and reliability.

[00:11:14] Flexible scheduling values employees more than money.

[00:13:53] Consider reviews, sentiment, and trust in marketplace.

[00:18:50] Quick mass adoption of financial education content.

[00:20:53] Congress incentivizes investment to boost economy.

[00:24:32] Options for using retirement money, tax strategies.

[00:26:44] Divorce could be a blessing for investment.



Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors



Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Application



Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa



*None of this is meant to be specific investment advice, it's for entertainment purposes only.

In this episode of LearnLikeaCPA Podcast, host Ryan Bakke speaks with guest Federico Zimmerman, also known as Fede, about his journey from Argentina to the United States and his experience in property management. Federico shares insights on the differences in investment opportunities between the two countries and the importance of developing effective systems for remote property management.- The challenges and opportunities of working in Argentina vs. the United States- Managing properties remotely and scaling a company from a different country- Differences in property management processes and building structures in America- Implementing effective standard operating procedures for property management- Key lessons learned and tips for new investors in the short-term rental industry



Follow Federico online: https://www.instagram.com/strguide/



Timestamps:

[00:00:00] Intro

[00:02:17] Country with ups and downs, affordable, good English.

[04:24:00] Understanding the differences in American homes.

[06:59:00] Short-term rentals require focus on experience, consistency.



Join my Facebook group, Tax Strategies for Real Estate Investors, and become part of a community with 5000+ high-level real estate investors

► Join here: https://www.facebook.com/groups/taxstrategyforinvestors



Interested in working with me? Apply here:

► https://learnlikeacpa.mykajabi.com/Podcast



Let's connect!

► Instagram: https://www.instagram.com/learnlikeacpa

► LinkedIn: www.linkedin.com/in/learnlikeacpa

► Twitter: https://twitter.com/LearnLikeaCPA

► Facebook: https://www.facebook.com/learnlikeacpa

► Tiktok: https://www.tiktok.com/@learnlikeacpa



*None of this is meant to be specific investment advice, it's for entertainment purposes only.