EP 169: Randy Smith and Craig Mc Grouther - How Tax Abatement Strategy Drives Cash on Cash Year 1

EP 169: Randy Smith and Craig Mc Grouther - How Tax Abatement Strategy Drives Cash on Cash Year 1

Craig is the Director of Business Development at Lone Star Capital, which has acquired over $350M of multifamily real estate. He has a passion for sharing his enthusiasm for multifamily investing and serving Lone Star's investors. Prior to joining Lone Star Capital, Craig spent 7 years in the real estate sales industry and sold over 100 homes. He graduated from the University of Arizona with a degree in Urban and Regional Development.

HIGHLIGHTS IN THE SHOW:

00:00 - Intro

01:38 - Craig’s Background

03:33 - Impact Equity Ad

06:20 - Cashflow

08:02 - Passive Deal

09:02 - Lonestar Capital

10:50 - Conservative Underwriting

15:37 - Communication

20:30 - Vertical Integration / Property Management

24:17 - Tax Abatement Strategy

28:59 - Distributions

32:15 - Capital Calls

35:40 - Aspire

42:!5 - Final Thoughts

CONNECT WITH OUR GUEST:

craig@lscre.com

CONNECT WITH OUR HOST: 

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

----------------------------------

Follow us on social media @the.gentle.art.of.crushing.it
Listen, like, subscribe, comment: http://thegentleartofcrushingit.com/