How almost all real-estate empires were started. The answer? Entrepreneurship. After that, Nick talks about his own portfolio of self-storage and how his investing, operating, and underwriting practices have evolved over time. 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/...
Jun 27, 2023•10 min•Season 1Ep. 105
This episode is about bonus depreciation. It explains that certain assets, such as computers and fuel for cars, can be fully deducted in the year of purchase since their useful life is not more than one year. On the other hand, buildings have a longer useful life, typically 39 years for commercial properties and 27.5 years for residential properties, so their cost is deducted over time. However, there are components of buildings, like sidewalks and HVAC systems, that have shorter useful lives an...
Jun 19, 2023•10 min•Season 1Ep. 104
In this episode of The Nick Huber Show, I'll discuss property management—an essential aspect to consider when venturing into real estate. Many beginners overlook its significance when evaluating property listings, focusing solely on underwriting and minor details. However, property management often involves handling an answering service, overseeing facility check-ins, and more. To begin, I suggest taking on the role of a part-time employee and serving as the answering service, gradually expandin...
Jun 05, 2023•11 min•Season 1Ep. 103
Today’s video is part 2 of my recent discussion with my friend, CPA and business partner Mitchell Baldrige all about real estate taxes. If you want to see part 1 where we talk about cost segregation, bonus depreciation, real estate professional status, short term rentals, and more, please click here 👉https://youtu.be/3v_hFH9yr68 In part 2, Mitchell and I discuss 1031 exchanges, step-up basis, opportunity zones, tax credits and a whole lot more! I hope that you enjoy. Additionally, if you are wa...
May 29, 2023•40 min•Season 1Ep. 102
In today’s video, Mitchell Baldrige and I discuss the ins and outs of real estate taxes. We talk about cost segregation, bonus depreciation, real estate professional status, short-term rentals, and more. If you are listening this episode and need a cost segregation study done for your property, please visit recostseg.com and our team will help you out FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03 Special thanks to the sponsors: https://Ti...
May 22, 2023•52 min•Season 1Ep. 101
In this 100th special episode, Nick shares his key guiding principle in life: The Red Button Rule. He explains how he built his business and life in a way that no one person has control over him, ensuring his success and happiness. With inspiring anecdotes and valuable insights, Nick emphasizes the importance of reducing dependence on external factors and cultivating leverage, ultimately enabling you to have a "no-asshole policy" and live life on your own terms. FREE PDF - How to analyze a prope...
May 18, 2023•13 min•Season 1Ep. 100
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/79046c9b...
May 08, 2023•13 min•Season 1Ep. 99
A friend of mine recently asked me a question that is really vital to understand the answer if you are in the Real Estate business. In this episode of the Nick Huber Show, I'm answering that question and what really is the true cost of a paid-off house. Listen to today's episode and find out more! 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 D...
May 01, 2023•9 min•Season 1Ep. 98
Life is going so fast, but I would be lying to you if I didn't tell you that there's a lot of insecurity regarding this stuff. In this episode of the Nick Huber Show, we will discuss how to deal with Impostor Syndrome and overcoming fear. Find out how to get started in real estate in this episode! 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 D...
Apr 24, 2023•18 min•Season 1Ep. 97
You can buy all the online real estate courses you want, but if you don’t understand a few basic principles first, there’s really no point. Find out how to get started in real estate in this episode! 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 ...
Apr 17, 2023•15 min•Season 1Ep. 96
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 ...
Apr 12, 2023•1 hr 20 min•Season 1Ep. 95
A lot of fields are numbers games. Sales, venture capital, startups, dating. It’s about taking a lot of shots. Try to get the batting average as high as you can, but take a lot of bats and something is bound to work out. But once you get the funnel whittled down and you’re about to take serious action, Quality over quantity. Especially in real estate, one good deal can change your life. FREE PDF - How to analyze a property and know what it's worth: https://sweatystartup.ck.page/79046c9b03 Check ...
Apr 03, 2023•9 min•Season 1Ep. 94
Nick is answering a caller that asked about how to plan strategically in an uncertain market where interest rates are rising. Find out more in this exciting episode! 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 ful...
Mar 27, 2023•13 min•Season 1Ep. 93
In this episode of the Nick Huber Show, we're talking about what most people get wrong in building wealth through real estate. In my real estate journey, I notice a common theme among the people who get very wealthy doing real estate, it's so obvious that you might not think about it but it's entrepreneurship. 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-10...
Mar 20, 2023•9 min•Season 1Ep. 92
