The Right Tools and Resources To Be Successful: Opportunity Zone Mentoring
Welcome back to another episode of the Richer Geek podcast, today we have David Sillaman. He’s nationally recognized speaker and expert on opportunity zone funds. He is currently responsible for developing over $15 billion opportunity zone funds (Over 70 of them), helping GP/Sponsors raise $750 million and is recognized as a top 25 fund manager and top 10 opportunities zone fund expert in the country. He's a recognized expert on the Forbes real estate Council and consults with multiple government agencies on opportunity zone fund business advocacy across the country.
In this episode, we’re discussing…
[1:40] What is an opportunity zone?
[3:21] How did the idea of opportunity zones come about?
[7:20] Tax free growth
[9:33] Investing in an opportunity zone fund
[14:55] What is a written use of proceeds plan?
[16:45] Prior of the opportunity zone
[21:32] Federal and state support for opportunities
[23:28] How to juice your capital gains
[27:57] Understanding a good exit strategy
Resources from David
ABOUT DAVID SILLAMAN
David Sillaman is a nationally recognized speaker and expert on opportunity zone funds. He is currently responsible for developing over $15 billion opportunity zone funds (Over 70 of them), helping GP/Sponsors raise $750 million and is recognized as a top 25 fund manager and top 10 opportunities zone fund expert in the country. He's a recognized expert on the Forbes real estate Council and consults with multiple government agencies on opportunity zone fund business advocacy across the country.
Even though opportunity zones were mentioned in the State of the Union address the other day, the business media has not truly embraced speaking about not only the potential of opportunity zones, but how both investors, fund managers and companies can use and leverage opportunity zone funds as a vehicle for funding for their growth businesses.