091: Innovative Wealth Strategies in Real Estate with Frank Hanna Jr.

Wealth creation includes real estate more often than not. Knowing how to navigate taxes and understanding the asset classes available to you is an important component of wealth-building.

On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Frank Hanna, Jr., founder of Revolution Exchange. Revolution Exchange provides comprehensive analysis, tailored programs, and turnkey solutions for tax-free exchanges. The team is focused on real estate investors as a wealth management company, and Frank also has a history in real estate.

Jonathan and Frank dive into his early exposure to real estate through his parents, why Frank favors multifamily properties for investment, and what a triple net lease is. They cover the benefits of triple net leases, the reason COVID acted as a litmus test for them, and Frank’s thoughts on diversifying your investment portfolio. Jonathan also explores Delaware Statutory Trusts (DST) and 1031 exchanges as tax breaks with Frank.

Leveling up your investment portfolio doesn’t have to be complicated, and Frank Hanna, Jr.’s expertise offers some ideas you may not have previously considered.

In this episode, you will hear:

The first thing Frank Hanna, Jr. remembers about being involved in real estate
When he knew he wanted to pursue real estate as a career and why he veered toward multifamily properties
Triple net leases and what makes them attractive to investors
The potential losses with triple net leases
Diversifying as a component of investing, whether in real estate or other asset classes
Favorable tax breaks in the tax codes for investors and real estate
The asset classes Frank’s company invests in and how he helps his clients choose what they want to be in
How e-commerce is impacting demand for particular types of real estate
The asset class he’s recommending the most in this real estate market
Self-storage’s appeal and why it performs well even in a bad economic climate
When Frank Hanna, Jr. uses 1031 exchanges and what makes them beneficial to investors
The Delaware Statutory Trust (DST) and what makes it appealing to investors
The asset classes Frank finds interesting right now
His lessons in wealth management from the 2008 real estate crash
Who the most successful investors are, and what they do that other people are failing at
Frank’s advice for someone who wants to get into the investing game

Follow and Review:

We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.

If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/091 to download it.