The Real Way to Make Money in Real Estate—Emil Khordorkovsky

Описание: On this episode of The Truth Hurts Show, Brian Goldstein and Makan sit down with Emil Khordorkovsky—a real estate investor and lender behind over $700 million in deals. They dive into the real reasons most deals fall apart, the problems with switching asset classes, and why out-of-state investing often doesn’t pencil the way people think it will.

Learn why real estate deals fail and how to succeed with expert tips from Emil, a seasoned lender. Discover the pitfalls of switching asset classes, managing unexpected costs, and the power of long-term investing. Visit Forbix.com for financing advice!

Emil's Links:
Website: https://www.forbix.com/investment

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TIMESTAMPS
0:00 Why deals fail: Switching asset classes
0:11 Real estate as a casino: Long-term game
0:23 Importance of a strong network
1:01 Intro to Emil: Real estate background
2:45 Emil’s journey: From Soviet Union to LA
4:20 Building a real estate empire
8:36 Advice for aspiring investors
9:44 Real estate vs. combat: Stress comparison
11:55 Reality of real estate: Hard work behind the glamour
15:08 Navigating financing and market trends
26:00 Out-of-state investing pitfalls
36:15 Understanding depreciation for tax benefits
44:08 -Value of advisory services in lending
46:21 Building a strong network for success
55:00 Emil’s lending expertise: Residential to commercial

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