🎙️ Episode Summary
Neal Bawa joins Lily Patrascu on the Awakened Titans Podcast to explain why real wealth is built after taxes, not before. Drawing from his own journey as a technologist turned real estate investor, Neal shows how depreciation in commercial real estate fundamentally changes how much income investors actually keep.
He breaks down why multifamily syndications can outperform single-family rentals on a post-tax basis, how cost segregation accelerates depreciation, and why passive investors benefit from professional asset management instead of becoming landlords. The episode also explores market selection, risk management, and how AI is reshaping underwriting and decision-making in commercial real estate.
📌 Key Takeaways
- Post-tax returns matter more than gross income.
- Commercial real estate allows faster depreciation than single-family rentals.
- Syndications offer passive exposure without landlord responsibilities.
- Most single-family rentals fail to cash flow once fully underwritten.
- Strong markets combine landlord-friendly laws with job, income, and population growth.
- AI is accelerating underwriting and improving investment decision quality.
