Real estate investors Glen Holguin and Penny Holguin were interviewed for our 29th episode of the Kyle Malnati Show! Our long-term relationship with the Holguin family began about a decade ago when they were relocating their family from California to Colorado. IRS 1031 Exchanges deadlines can be stressful and difficult to navigate. Kyle worked diligently for Glen and Penny as they successfully completed their 1031 Exchange by purchasing a 20-unit apartment building in Denver’s West Washington Park neighborhood.
Highlights from Episode #29 with the Holguin family:
– real estate is a wonderful family business
– teachable moments for your children to learn about business
– tax deferred 1031 exchange experiences
– multifamily buildings frequently offer a higher yield than rental houses
– effectively running a business with your spouse
– “risk nothing… get nothing”
– great landlords provide an important service to their tenants
– mistakes are a great opportunity to learn
– don’t get stuck when something doesn’t work out exactly as planned
“I hired Kyle Malnati as a commercial real estate broker to assist me in locating and purchasing an apartment building. His expertise is unsurpassed. Kyle went beyond expectations and continues to do so. I highly recommend Kyle to anyone that is thinking about purchasing or selling commercial real estate.” ~Glen Holguin (quote from 2007 testimonial)
Quotes from the show:
– “I can’t change the direction of the wind, but I can adjust my sails to always reach my destination.” ~Jimmy Dean
– “Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible.” ~Saint Francis of Assisi
Kyle’s gift to Glen and Penny:
– “EntreLeadership” by Dave Ramsey
Glen’s Recommended Book:
– “The Energy Bus“ by Jon Gordon
The Kyle Malnati Show, Episode 29, Introduction:
“Live from Greenwood Village, Colorado; you are watching the Kyle Malnati Show. We are broadcasting from Madison & Company Properties and our guest experts are Glen Holguin and Penny Holguin. We hope that our interview topics will be helpful to you, the apartment investor, if you’re either: 1) looking to buy your first apartment building, or 2) if you want to add to your existing rental portfolio in 2016.”
The Kyle Malnati Show, General Information:
The Kyle Malnati Show is currently broadcast monthly on YouTube. Our podcast is designed to address topics that appeal to both experienced multifamily owners and aspiring real estate investors. Each episode, Kyle offers advice that will help you maximize your rental real estate business, and he also shares his insights on how a favorite quote should relate to multifamily investors’ lives. This video show is designed to share fundamental information about apartment buildings as well as the latest trends in multifamily investments. There are several ways to watch the show. If you SUBSCRIBE on YouTube or if you FOLLOW our blog, you’ll receive an email every month with the video show post. Please share our content on Social Media through Facebook, LinkedIn, Twitter, etc. Thanks for tuning-in, and as Kyle likes to say, “We’ll see you around the neighborhood.”
~Kyle Malnati, Partner/Shareholder
Madison Commercial Properties
Madison & Company Properties
1221 S. Clarkson St. #410, Denver, CO 80210
http://www.MadisonProps.com
http://www.DenverApartmentBuildingsForSale.com