Multifamily Investing Made Simple

Cost Segregation Made Simple with Yonah Weiss

November 10, 2020 Anthony Vicino and Dan Krueger Episode 35
Multifamily Investing Made Simple
Cost Segregation Made Simple with Yonah Weiss
Show Notes

Today’s guest is a LinkedIn rock star, a celebrity in the real estate world, and a powerhouse in property tax savings. As Business Director at Madison SPECS and as a national cost segregation leader, he has assisted clients in saving tens of millions of dollars in tax savings. He has a background in teaching and a passion for real estate and helping others.

Let’s welcome our guest, Yonah Weiss: Cost Segregation Made Simple. 

[00:01 – 08:26] Opening Segment

  • We introduce and welcome our guest, Yonah Weiss
  • Yonah talks about cost segregation 

 [08:27 – 26:15] Is Cost Segregation Exploiting the System?

  • Yonah walks us through the process of introducing cost segregation to an active investor
  • He talks about the government incentivizing real estate investors with tax advantages 
  • Yonah shares a story about treating tenants as customers 
  • He talks about how he got involved in cost segregation 
    • Can cost segregation be done by one person? 

[26:16 – 40:00] Prepare Yourself First Before Jumping 

  • Yonah shares some secrets about choosing the right people to work with 
  • He also shares some tips to connect with somebody you meet for the first time
  • Yonah shares the worst piece of investing advice he heard 

[40:01 – 43:25] Closing Segment


Tweetable Quotes:

“Housing is an essential part of the economy.” – Yonah Weiss

“You can add so much value just by making connections” – Yonah Weiss

 “Failure is part of the process, but you can avoid a lot of that failure by learning and studying and apprenticing other people who are doing it.” – Yonah Weiss


Resources Mentioned:

 

Connect with Yonah on LinkedIn, Facebook, Instagram, and YouTube. Check out his website and listen to his podcast: Weiss Advice. Also, visit their company online at Madison SPECS a


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