If you thought Zillow was taking over, now we’re adding CoStar to the list. With the announcement of CoStar buying Homes.com for $156 million, it’s clear the real estate industry is shifting. CoStar is a publicly-traded real estate technology firm. They mostly focus on the commercial side of the business and first entered the residential side of the business with Apartments.com going toe-to-toe with Zillow in the rental market. It’s speculated that one of the reasons why CoStar is getting into the residential space as they are is because of the flurry of lawsuits coming out about transparency and commissions. CoStar is thinking there may be significant changes with the data so they’re positioning themselves in an Agent-friendly way. It’s possible that the purchase of Homes.com is to allow the everyday consumer to directly list their homes, to basically “get rid of” Agents. This forces Agents to really step up their game and expressing the worth of Agents. Or maybe the long-term strategy to be a competitor on the MLS? Listen in as Jeff and Phil share their insight as to why CoStar made this move to buy Homes.com and what they think this means to the future of Real Estate and how it could potentially affect what’s going to be decided in the next 20-25 years. If you enjoyed this episode, be sure to subscribe so you don’t miss an episode. Apple: https://podcasts.apple.com/us/podcast/the-solution-a-real-estate-podcast/id1114993187 #realestate #realestatetips #coaching #realestatecoaching #realtor #realestateagent #realestateindustry

www.biggerpockets.com/rookie108 This week’s question comes from Steven on the Real Estate Rookie Facebook Group. Steven is asking: I’m about to try to make an offer on a house but the property is on market, so I’m talking with the agent. When I make the offer, is there any official document I need to submit, or do I just give them the price I want to offer? Many rookies have this question, especially when trying to purchase their first rental property. You have a few options when trying to make an offer, and they will differ based on whether the property is on market, off-market, commercial, or residential. Here are some suggestions: Call the listing agent and ask if they will represent you (this is called a dual agent) If a listing agent can’t represent you, ask if anyone on their team can You don’t need to submit any documents, just tell your agent your offer and they’ll take it from there If you’re working on an off-market deal, you may be able to negotiate directly with the seller and sign a purchase agreement For bigger properties and commercial properties, you can submit an LOI (letter of intent) If you want Ashley and Tony to answer a real estate question, you can post in the Real Estate Rookie Facebook Group! Or, call us at the Rookie Request Line (1-888-5-ROOKIE).

In this episode, Brandon Hall and Thomas Castelli discuss how to use capital losses (tax loss harvesting) and passive losses to reduce capital gains taxes from the sale of your rental real estate, Join our Facebook group, the one-stop-shop for real estate investors to learn about tax strategy and stay up to date on changing tax laws: www.facebook.com/groups/taxsmartinvestors To grab the recordings from the 2021 Tax and Legal Summit visit: www.recordings.taxandlegalsummit.com/ today! For a free consultation from The Real Estate CPA visit www.therealestatecpa.com/become-client Subscribe to our YouTube channel: www.youtube.com/c/therealestatecpa Like us on Facebook www.facebook.com/realestatecpa The Real Estate CPA podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests. Always consult your own tax, legal, and accounting advisors before engaging in any transaction.

Everyone wants to invest in real estate, but few are willing to put in the work to make it happen.  When it comes to multifamily investing, starting out can certainly be a grind, but if you want to find a good deal, you have to be willing to do what others won’t.  This is something that today’s podcast guest knows all too well. When James Kandasamy first started his multifamily journey, he went to all the brokers, searching for opportunities, but nobody took him seriously.  Instead of giving up, he decided to take things into his own hands. He used a combination of direct mail, cold calling, and his networking skills to find off-market deals and get his foot in the door. To this day, he believes the people who win, are the ones who are willing to do things differently — and that’s exactly how he rose to the top!  James is now the Principal Director of Acquisition and Investor Relations at Achieve Investment Group - a vertically-integrated real estate company, actively engaged in multifamily acquisition, asset management, property, and construction management. He has identified, underwritten and overseen the acquisition process of over $180M of quality multifamily investments and routinely leads passive investors to an average IRR of more than 20%.  Pretty impressive for a guy who was turned down by all those brokers! Let that be encouragement for any aspiring real estate investors.  In our conversation, we hit on a number of topics related to multifamily investing. You’ll learn about the risks of using bridge loans, Debt Service Coverage Ratio, stress testing, market projections, the deal structure James uses that puts investors first, and how to avoid getting stuck in the debt trap! Key Takeaways with James Kandasamy Off-market deals VS. working with brokers. The threat of using a bridge loan to buy a property — especially with rising interest rates. Multifamily real estate didn’t crash during covid, but it is under stress — invest wisely! Is your deal profitable or losing money? Make sure you understand Debt Service Coverage Ratio (DSCR) Multifamily is a great investment vehicle, but if you’re not careful you could get stuck in The Debt Trap! The pinch between rising interest rates and cap rate. The importance of stress testing your deal. The power of being a vertically integrated real estate company. Different ways to distribute returns to investors — and why James prefers the waterfall structure. Real estate projections for 2021/2022. Why multifamily will always be a winning asset class — at least for those who understand how to properly buy and manage a property. Why expanding your network and increasing your circle of influence is the best way to learn. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit Rate & Review If you enjoyed today’s episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on , so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Sign Up For My Coaching Program! To unlock your potential and start earning real passive income, visit Get The Flip System Book! To get access to a free copy of The Flip System, visit

https://biggerpockets.com/show527 Pace Morby’s name has become synonymous with seller financing, subject to deals, and flipping. He is one of the most educated players in the real estate game on all things related to non-traditional financing. He even taught Brandon Turner, the author of Investing in Real Estate with No (and Low) Money Down, a thing or two on today’s show! Originally working as a contractor, Pace was hired on as a flipper for some popular iBuyer portfolios. He flipped over a thousand homes a year but was doing so without building any wealth for himself. This is when he began flipping his own homes and slowly, steadily building a portfolio of rentals that would provide him with the cash flow he desired. Did we mention he did this entirely without bank financing? Since Pace is the go-to investor for all things creative financing, Brandon and David took advantage of his time on the show to ask him about subject to strategies, seller financing tips, and how he takes a seller from consideration to closing. If you’ve been wondering how to build your rental portfolio without down payments, credit checks, or preapproval from banks, this is THE episode to listen to.