5 • 1.1K Ratings
🗓️ 18 April 2023
⏱️ 13 minutes
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Welcome back to this week's No Limit Minute! This week I wanted to spend some time peeling back the layers of cost segregation and some of the nuance around it. We'll go through what a cost segregation study is, what they look like, some secrets and more!
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0:00.0 | What's up, everybody? Welcome back to this week's segment of the no limit minute. I wanted |
0:07.9 | to just take today to dive a little bit deeper, peel back the layers of what a cost segregation |
0:16.0 | study actually is. Now, for those of you out there that know what this is already, you're |
0:20.9 | probably just wanting to bypass this episode. You may not have even started listening |
0:24.3 | this episode in the first place. But there are going to be some nuances that you may not |
0:31.2 | know about cost segregation. I really just wanted to peel back the layers, make sure we're |
0:35.4 | all fully comprehending and understanding what it is and how it can potentially benefit |
0:41.6 | you. And now let's take a quick break for our show sponsor. We all know that collecting |
0:50.2 | investor commitments, processing distributions, finalizing essential documents and communicating |
0:55.8 | with your investors can be a time consuming and prone to errors when using manual methods |
1:02.5 | like Excel spreadsheets and emails. So what's the solution, right? Invest next is a comprehensive |
1:09.4 | institutional grade software solution for real estate syndications that enables you to |
1:14.6 | effectively manage all phases of your real estate venture with key management features like |
1:19.9 | fundraise automation, secure ACH transfers, waterfall distributions, and capital stack management. |
1:27.3 | Ultimately, putting you in control of managing your entire investor experience. Now, prior |
1:33.3 | to adopting invest next, our team at Ferrari capital face difficulties and effectively executing |
1:39.8 | many different tasks. We encountered issues such as misplacement emails, confusion and processing |
1:45.7 | preferred distributions, forgetting waterfall calculations, and honestly, just an overall subpar |
1:51.9 | experience for our investors. However, since adopting invest next, we've achieved a higher level |
1:59.2 | of efficiency and organization in our process is resulting in a faster pace of really closing |
2:04.8 | deals and being able to scale. Moreover, with the ease of their platform, we've shifted our focus |
2:10.2 | back to our core competencies, which are raising capital and managing deals. Honestly, the key |
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