Welcome back to another episode of the Get in the Cashflow Game with K&K. In today’s episode, Krystle and Kenny Simpson are joined by Neil Timmins. Like so many other investors, Neil began with single family homes but has progressed into assets consisting of apartments, offices, and industrial space. Over the course of his career, Neil has been involved in over $300,000,000 in real estate transactions.
In 2021 Neil published his first book, Unicorn Hunting for Real Estate Investment Companies: How to Easily Attract, Screen, and Land a Unicorn. The book is tailored to helping real estate investors find and retain top talent through the strategic systemization of hiring. Neil also hosts his own podcast, “Real Grit” where he pulls back the curtain on real estate investing through interviews with industry titans. “Real Grit” provides listeners with the tools they need to secure their lasting real estate legacy!
Recently, Neil and his team launched the Legacy Impact Partner Program where they partner with fix and flip investors from around the country. Neil’s team brings capital to fund and fix rehabs, operational expertise, and years of experience catapulting their partner’s business to new heights.
Neils surprising story with his family and ReMax
Landing a Unicorn
Diversifying your real estate portfolio
Neils Book: https://legacyimpactpartners.com/book/
Neils Podcast: https://legacyimpactpartners.com/podcast/
Neil Timmins Website: https://legacyimpactpartners.com
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Prime Corporate Services: Whether you’re new to owning a business or owning property or you’re an experienced business owner, Prime Corporate Services is going to not only help you but make the process so much easier. So, if you book a call the first thing they are going to do for you is help you understand what your business structure should look like, your corporate structure, tax planning, estate planning, and all of that. Maybe you’re saying, I’m brand new to starting a business and all of this sounds foreign and complicated, remember, this company helps new people just getting started every day. They will help you form the entity that’s best for you and walk you through the process. Visit https://primepartner.info/gitcg to schedule a free call!
Cost Segregation Services: We have been working with Tim Looney at CSSI for a few years now and he has saved us and our clients hundreds of thousands, if not millions of dollars, in taxes doing Cost Segregation Studies. Let me give you a few examples. We bought a property in 2019, if we had just used straight-line depreciation, we would have saved about $18,750. Because we did a cost seg we saved $258,000 – that’s $239,350 more than standard straight-line depreciation in the first year! Call Tim Looney at (318) 469-9861 to schedule a complimentary property analysis, and tell him Krystle and Kenny sent you!
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