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Business Roundtable

Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business.

BRT 2.0 looks at the new trends in business, and how classic industries are evolving. We Profile the current Players weekly in an Interview format to give you an inside look, to learn from their own experiences.

Popular Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, & More

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Aug 23, 2022

What's Your Real Estate Investor Identity? Fix n Flip? Landlord? w/ AZREIA - BRT S03 EP40 (139) 8-21-2022


Things We Learned This Week

  • AZREIA is a Real Estate Association to learn, network, find support & contractors
  • What is Your Investor Identity? Fix & Flip, Landlord, Lender
  • Types of Properties - Single Family (house), Small Multifamily (Duplex or Apt), Look for 'Problems, not Properties' to find deals
  • Long term Mindset, ‘It’s a Business’ – takes time (& time is on your side in Real Estate) & capital to build up an investor portfolio, learn the biz, & make contacts, ‘Buy Right’ – Make $ on the Buy   
  • Team – Need Contacts in the industry to help: Property Mgr, Accountant, Attorney, Title Contact, Appraiser, Inspector, Insurance, Real Estate Agent




Guest: Michael DelPrete, Executive Director, AZREIA

The mission of AZREIA is to provide its members the education, market information, support, and networking opportunities that will further the member’s ability to successfully invest in Real Estate





Mike Del Prete has been a member of AZRERA for 12 years and has been running it for 1 year it’s been teaching for 5 years need to have a team like contractors lenders realtors


Trade Association for profit


Average member owns small multifamily 2 to 10 units like duplex stripes Four-Plex or single-family small homes average homes above


five units is commercial based on doors under a roof


classic example is you are on a four Plex live in one and rent the other three



determine your investor identity which strategy works for you


do you like short term deals fix and flip average 25 to 45K takes four months purchase the property with the plan to exit at need capital


examples of lenders are hard money loans aggressive short-term loan with high interest rate 10 to 12% currently in the real estate market as of summer 2022 is down hard money loan you put 20% down on a deal and they loan 80% interest only for six months to one year term for a collateral they have first lien position on the property


initial investors made on one property be the landlord and manage it himself over the long term


you want to have a property manager AZREI A is for investors so hopefully not managing yourself or fixing up a property yourself recruit a team


property manager they get 7 to 10% of gross monthly rent


need attorneys to do contracts title accountants lenders for capital real estate agents wholesalers these are the investors who run ads I pay cash for houses they find deals at a discount other team members insurance for PNC and contractors to fix up at home


when you start in real estate you want to form an LLC to protect yourself and liability use the LLC then buy the home you don’t want to personally on it because you can be sued


Own a Four-Plex live in one for a year rent the other three can go to a traditional bank for a loan buy property at 3 1/2% down leverage of Four-Plex with an FHA loan


you have to know math to invest

you have to do your due diligence to be an investor


AZ are website with info classes and glossary


Talk with an accountant when investing need to know the tax ramifications understand


interest rates of 3 to 5%

capital gains


write offs on upkeep and expenses


refinance take cash out, how do you get money from an asset you borrow it no taxes get your original capital returned now your renters are paying the mortgage, you earn cash flow, infinite returns banks will loan 60 to 80% on a house when you refinance if you have equity you have to get an appraisal


Leverage put in less effort but get more results


depreciation you depreciate a house for 27 1/2 years if you sell the house you deal with depreciation recapture


Use deferred sales trust when you sell a property sell the property to the trust than the trust sells the property and then you get payments over 10 years so you don’t have to pay the capital gains all in one lump sum and you can use this for any type of asset, or a business, or investments


1031 exchange you can defer capital gains on a sale you sell a property, but then go and buy another property, roll the money over in a like kind exchange so the houses have to have to be a similar amount


Cap rate on a real estate property to determine your ROI cash on cash return


personal property is different when you sell that because you have a state exemption and less chance of capital gains


real estate forums and other avenues for networking


Easy REI AA meets second Monday of the month is their major meeting 2 to 300 people typically add 8600 venue in Scottsdale, check their calendar, October they have a real estate panel in November extended-stay and change use of property for rental type properties or AirBnB


Membership is 100 a year for casual member or 239 a year for an oil and remember


Goal is to get out of the rat race

Own mobile multiple properties have more streams of income and cash flow and be a long-term real estate investor


long-term time is on your side and real estate

time heels real estate

Buy right you make money on the buy


keep under 80% ??


They teach a launchpad program create investor identity create real estate plan


It’s a business and there’s risk


Tax lien foreclosure Title inspection home expectation could look at five properties and zero could be acceptable


Look for problems not properties,

find discounted deal, an example as water damage, or foreclosure, could be an air inherited house and they live out of state and they just want to sell it fast, these are off market deals


New houses are listed on MLS


People look for certainty and stability


Forecast deal, bargains are in the deals with issues




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Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

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Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.