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Creative Capital

Creative Capital Podcast 257: Cost Segregation 101 + Secrets

Creative Capital

Josh Ferrari

Investing, Business

51.1K Ratings

🗓️ 18 April 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

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!

How to connect with Josh:
Ferrari Capital - https://ferraricapital.com/

Creative Capital is made possible in part by our sponsors.
InvestNext is a comprehensive, instititutional grade software solution for real estate syndications that allows you to effectively and efficiently manage all phases of your real estate venture. To get started, visit https://www.investnext.com/ and use code Creative Capital for 25% off your first three months.

Transcript

Click on a timestamp to play from that location

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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