Podcasts Business Making Money in Multifamily Real Estate Show 172 | Keeping Your Multifamily Dollars Using Cost Seg with Erik Oliver

172 | Keeping Your Multifamily Dollars Using Cost Seg with Erik Oliver

Published: March 2, 2022, 5 p.m.

Erik's Background:

  • Managing Director of Cost Segregation Authority, providing services since 2006
  • Prior to joining Cost Segregation Authority, Erik was an Operations
    Manager for a multi-million dollar landscaping and design firm in Long
    Island, NY.\xa0
  • Since heading west and joining Cost Segregation Authority, Erik has been speaking at local, regional, and national events. He brings with him a passion for identifying cost savings and educating commercial real estate owners on the benefits of cost segregation.

In this episode we cover:

  • \xa002:04 - Explanation of Cost Segregation
  • \xa006:04 - An Example
  • \xa015:22 - The process to evaluate the assets
  • \xa021:44 - The importance of a good CPA
  • \xa029:23 - Can you be aggressive in the valuation?
  • \xa033:25 - 5KQ1 - If you could only pick one trait that explains your success, what is that trait and why?
  • \xa034:59 - 5KQ2 - What is the most uncharacteristic thing you've done in your business and why did you do it?
  • \xa037:43 - 5KQ3 - Can you name any time where you felt like you were not going to end up successful? How did you overcome that fear?
  • \xa041:27 - 5KQ4 - Can you name a time where something in your business went perfectly and what did you do to make that a reality?
  • \xa043:15 - 5KQ5 - What have you been focusing on lately to improve yourself or your business?

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*****Thank you so much for listening to the Making Money in Multifamily Real Estate Show! This show covers everything to do with Multifamily Real Estate Investing to help you, the listener, become an expert in your real estate ventures. The host, Dave Morgia, brings on guests who are already experts in their respective fields to discuss what principles and practices they follow that have helped them achieve their success so far.