In this week's episode of Building Wealthy Habits we are joined by Josh Coniglio to discuss the multifaceted role of real estate in financial planning, emphasizing its value as a diversifier in investment portfolios. We explore the various types of real estate investments, the importance of liquidity, and the potential pitfalls of investing solely for tax benefits. The conversation also covers structuring real estate investments through LLCs and trusts, the role of REITs, and the necessity of due diligence when evaluating real estate opportunities. We hope that if you take anything away from this week's episode, it's the importance of maintaining liquidity and a well-rounded investment strategy.
In This Episode:
00:00 Introduction to Real Estate Investment
03:02 The Value of Real Estate in Portfolios
05:46 When Real Estate Doesn't Make Sense
09:07 Understanding Tax Implications of Real Estate
11:55 Structuring Real Estate Investments
14:54 Evaluating Real Estate Opportunities
18:02 The Role of REITs and Partnerships
20:49 The Importance of Due Diligence
24:00 Conclusion and Resources
Connect with Josh:
LinkedIn: https://www.linkedin.com/in/joshuaconiglio/
Connect with Jeremiah:
LinkedIn: https://www.linkedin.com/in/jeremiahjlee/
Email: Jeremiah@tricordadvisors.com
Connect with Laura:
LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/
Email: Laura@tricordadv.com
Connect with Randy:
LinkedIn: https://www.linkedin.com/in/rkbarkley/
Email: Randy@tricordadv.com
