In this conversation, Nick and Anthony discuss advantages to real estate, how cash out refinancing works, why bonus depreciation is your friend, and the logic behind Nick’s focus on self-storage facilities.
Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
Book a one-on-one video call with Pomp:
Cameo: https://www.cameo.com/pompglobal
Superpeer: https://superpeer.com/pomp
Follow Pomp on social media:
Twitter: https://twitter.com/APompliano
Instagram: https://www.instagram.com/pompglobal/
LinkedIn: https://www.linkedin.com/in/anthonypompliano/
Website: https://anthonypompliano.com/
Listen and subscribe on the platform of your choice:
Apple: https://podcasts.apple.com/us/podcast…
Spotify: https://open.spotify.com/show/2QwpFjz…
Google: https://play.google.com/music/listen?…
TIMESTAMPS:
0:00 – Intro
0:17 – Background
01:46 – Investing in Real Estate
03:11 – Types of Real Estate
04:34 – Why Self-Storage?
05:21 – How to Improve Self-Storage Value
08:18 – Cash Out ReFi
15:57 – Debt Level Philosophies
17:47 – Depreciation and Tax Advantages
21:32 – Bonus Depreciation
23:42 – Difficulty Level
25:13 – Customer Service
26:15 – Technology Competitors?
2815 – Getting Started
29:29 – Portfolio Construction
30:50 – Writing
32:55 – Where to find Nick
33:43 – Most Important Book You’ve Read?
34:54 – Aliens. Believer?
35:32 – Question For Pomp