Episode
S2 E85 - REITs Explained: Turn Real Estate Into Wealth
- Podcast
- Beers With Contractors
- Published
- Aug 30, 2026
- Duration seconds
- 2075
- Processing state
not_requested
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Summary
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. 00:00 Introduction 01:25 Why Multifamily Matters 02:29 Loans and Entry Paths 03:16 Hidden Grants and Incentives 06:23 Finding Programs by Networking 10:18 Contractor Business Model 11:25 Property Management Rules 14:39 Contact and Tax Strategy 18:41 Cost Seg and Depreciation 19:50 Flip vs Hold Decisions 22:26 REITs Explained 26:32 Cap Rates and Financing 31:08 Multifamily Complexity 33:04 Wrap Up and Disclaimers Contact Aubrey Noblitt at: Website: https://anoblitt.ccoklahoma.com/ Linktree: https://linktr.ee/AubreySellsOklahoma LinkedIn: https://www.linkedin.com/in/aubrey-noblitt-13b88b109/ Facebook: https://www.facebook.com/profile.php?id=61574805326894&ref=PROFILE_EDIT_xav_ig_profile_page_web# Thread: https://www.threads.com/@aubreysellsoklahoma Instagram: https://www.instagram.com/aubreysellsoklahoma/ Che…