S2 E85 - REITs Explained: Turn Real Estate Into Wealth

<p>On Beers with Contractors, Will interviews multifamily real estate specialist Aubrey Noblitt about how contractors can build long-term wealth by owning and rehabilitating real estate and tapping local incentives many don’t know exist. They discuss financing options like DSCR loans, FHA two-to-fourplex opportunities, house hacking, and why multifamily vacancy can be lower than other commercial sectors. Aubrey explains that many city grants (often reimbursement or match-based) are housed in planning departments and Main Street boards, citing Ponca City’s HIP 2.0 and stacking programs like Main Street, CDBG, historic tax credits, and local housing incentives. They cover using real estate to reduce taxable profits via expenses, cost segregation, and depreciation, plus misconceptions about cap rates, commercial loan balloons, and property management licensing limits. Aubrey also outlines forming REITs starting around $10M in assets and shares her contact information.</p><p><br></p><p>00:00 Introduction</p><p>01:25 Why Multifamily Matters</p><p>02:29 Loans and Entry Paths</p><p>03:16 Hidden Grants and Incentives</p><p>06:23 Finding Programs by Networking</p><p>10:18 Contractor Business Model</p><p>11:25 Property Management Rules</p><p>14:39 Contact and Tax Strategy</p><p>18:41 Cost Seg and Depreciation</p><p>19:50 Flip vs Hold Decisions</p><p>22:26 REITs Explained</p><p>26:32 Cap Rates and Financing</p><p>31:08 Multifamily Complexity</p><p>33:04 Wrap Up and Disclaimers</p><p><br></p><p>Contact Aubrey Noblitt at:</p><p>Website: https://anoblitt.ccoklahoma.com/ </p><p>Linktree: https://linktr.ee/AubreySellsOklahoma </p><p>LinkedIn: https://www.linkedin.com/in/aubrey-noblitt-13b88b109/ </p><p>Facebook: https://www.facebook.com/profile.php?id=61574805326894&amp;ref=PROFILE_EDIT_xav_ig_profile_page_web# </p><p>Thread: https://www.threads.com/@aubreysellsoklahoma </p><p>Instagram: https://www.instagram.com/aubreysellsoklahoma/ </p><p><br></p><p>Check Out Greenbaum Stiers Strategic Marketing Group: https://www.greenbaumstiers.com/</p><p><br></p><p>Foundation Rescue Supply Link:</p><p>https://www.foundationrescuesupply.com/</p><p><br></p><p>Contractors Kick Ass!</p><p>Podcast Store Link:</p><p>https://williamwalkerblake.com/store-1</p><p><br></p><p>The Worker Incentive Program that Contractors Love! - Per4mance Software https://per4mance.io - Pay for performance, not hours</p>