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By: Jason Ottilo | Co-Founder | Next Legacy Group How can real estate investors receive cash flow while potentially showing a tax loss? Jason Ottilo explains depreciation, cost segregation and 100% bonus depreciation for passive investors. A real estate investment can generate cash distributions while showing a tax loss on your K-1. That may sound confusing. How can you receive cash from an investment while the tax documents show a loss? One important part of the answer is depreciation. For passive real estate investors, understanding depreciation, cost segregation and bonus depreciation can help explain how a property can produce cash flow while also generating significant tax deductions. The Basics: What Is Depreciation? Depreciation is essentially a paper deduction. The IRS allows investors to deduct the cost of certain real estate assets over time. The deduction represents the gradual use or deterioration of the property for tax purposes. The important point is this: Depreciation does not require cash to leave your bank account. A property can potentially increase in value while depreciation creates a tax deduction. For residential rental property, the building portion is generally depreciated over 27.5 years, subject to applicable tax rules. That creates an annual deduction even though you are not writing a check for that amount each year. Why Cost Segregation Matters A multifamily property is more than its walls and roof. Inside and around a property are many components that may have shorter depreciation lives. A cost segregation study identifies and separates certain components of a property so they can potentially be depreciated over shorter periods. These may include: Appliances Carpeting Cabinets Landscaping Parking improvements Certain building systems Other shorter-life assets Instead of waiting years to receive the full benefit of depreciation, cost segregation can accelerate deductions into the earlier years of ownership. This is where bonus depreciation becomes particularly important. What Is 100% Bonus Depreciation? Bonus depreciation allows qualifying assets to be deducted much faster than under traditional depreciation schedules. Under legislation enacted in 2025, 100% bonus depreciation was restored and made permanent for qualifying property acquired after January 19, 2025, subject to applicable requirements. For investors, this can potentially create a much larger first-year depreciation deduction. Consider a simplified example. A $10 Million Multifamily Property Imagine a multifamily property purchased for $10 million. For illustration: $8 million = building $2 million = land A cost segregation study identifies approximately $2 million of potentially shorter-life assets Additional regular depreciation may apply to the remaining building basis The exact results depend on the property, acquisition structure, cost segregation study and applicable tax rules. But the concept is important: A significant first-year paper loss could potentially be generated even while the property produces cash flow. What Could This Mean for a $100,000 Investor? Let's make the example more personal. Suppose you invest $100,000 in a multifamily investment with a total equity raise of $4 million. Your approximate ownership would be: $100,000 ÷ $4,000,000 = 2.5% Now suppose your share of the deal's depreciation-related loss was approximately $42,000. Your K-1 could potentially show: -$42,000 tax loss At the same time, suppose you receive: +$7,000 in cash distributions That does not necessarily mean you lost $42,000. The $42,000 represents a tax loss generated by depreciation, not necessarily a cash loss. This illustrates one of the important distinctions in real estate investing: Taxable income and cash flow are not always the same thing. The Important Catch: Passive Loss Rules There is an important limitation investors need to understand. Passive losses generally remain subject to passive activity rules. In many situations, passive losses cannot simply be used to offset W-2 wages or active business income. Instead: Unused passive losses may be suspended. Suspended losses may generally carry forward. When a qualifying investment is sold, suspended losses may become available to offset income or gain, subject to applicable rules. Tax treatment depends on the investor's individual circumstances and investment structure. Real estate professional status can change how certain passive losses are treated. However, qualifying as a real estate professional involves specific requirements and should not be assumed. This is why investors should always discuss their individual situation with a CPA or qualified tax advisor. What Happens When You Sell? Depreciation can provide valuable deductions during the ownership period, but investors also need to understand what can happen when an investment is sold. Certain depreciation deductions may be subject to recapture rules. In simple terms, some of the tax benefits received during ownership can affect the tax treatment of a future sale. A 1031 exchange may also provide another strategy for investors seeking to defer certain taxable gains when the requirements are met. The details matter. Your tax advisor can help determine how depreciation, recapture, suspended passive losses and a potential 1031 exchange could apply to your individual situation. At Next Legacy Group, Fundamentals Come First At Next Legacy Group, we don't buy multifamily properties simply because they offer potential tax benefits. Fundamentals come first. Taxes come second. We focus on: Real demand Sustainable debt Strong property fundamentals Experienced operators Long-term investor value When appropriate, we also consider cost segregation and bonus depreciation as part of the overall investment strategy. Tax benefits should support a strong investment thesis. They should not be the reason to make an investment. As investors, we believe the better question is not simply "What tax benefit can I get?" It is: "Does this investment make sense before the tax benefits?" That distinction matters. The Bigger Picture for Passive Investors For passive multifamily investors, depreciation can be one of the most valuable tools to understand. A properly structured investment may potentially provide: Cash distributions + depreciation deductions + long-term real estate exposure But every investment is different. The amount of depreciation you receive depends on factors such as: Purchase price Property basis Cost segregation results Ownership percentage Investment structure Applicable tax law Your individual tax situation There is no one-size-fits-all answer. The goal is to understand the numbers before you invest. Final Thought We don't buy properties for the tax benefits. We buy properties that make sense, and we think about your after-tax experience. Want to understand what this could look like in a real Next Legacy investment? Explore the Next Legacy Fund and learn more about our approach to multifamily investing. Join us tonight and keep learning before making your next investment decision! Meeting Registration - Zoom

By: Tim Gramling | Co-Founder | Next Legacy Group The multifamily real estate market is not an easy market to navigate right now. Interest rates remain elevated, financing costs are higher and transaction activity is still well below the levels seen several years ago. For investors accustomed to rapid appreciation and abundant deal flow, today's environment can feel frustrating. But difficult markets can also create opportunities. For patient multifamily investors, the current environment may offer an opportunity to focus less on short-term headlines and more on the long-term fundamentals that drive rental housing demand. Several factors are worth watching: America's housing shortage, the cost of homeownership compared with renting, the slowdown in multifamily construction and the relationship between property valuations and replacement costs. None of these factors guarantees investment success. However, together they may help explain why disciplined investors continue to pay attention to multifamily real estate investing. Rental Housing Demand Remains a Long-Term Consideration One of the strongest arguments for multifamily investing is the fundamental need for housing. The United States has underbuilt housing for years. McKinsey & Company estimates that the nation's housing shortfall could reach approximately 9.6 million units by 2035 without additional supply. That shortage matters for multifamily real estate because not every household can—or wants to—purchase a home. Affordability remains a major factor. When the cost of buying a home is significantly higher than renting a comparable property, more households may remain renters for longer periods. This can support the underlying demand for apartments and other forms of rental housing. For multifamily investors, the important takeaway is not that rents will automatically rise. Rather, it is that the long-term need for quality rental housing remains an important market fundamental. The Homeownership Affordability Gap Supports Rental Demand The relationship between renting and buying has become increasingly important for the rental housing market. Higher mortgage rates, elevated home prices and limited housing inventory can make homeownership more difficult for some households. As a result, renting may remain the more practical option for many people, particularly those who are saving for a down payment or waiting for more favorable purchasing conditions. This creates a potentially durable renter pool. For investors evaluating apartment communities, that means factors such as employment, population growth, household formation, affordability and local housing supply remain critical considerations. The strongest multifamily investment opportunities are not necessarily found in markets with the fastest rent growth. They may instead be found where long-term housing demand and supply fundamentals are favorable. Multifamily Construction Has Slowed Significantly Supply is another important piece of the equation. According to May 2026 reporting from Multifamily Dive citing CoStar and Apartments.com data, multifamily starts fell to approximately 55,000 units nationally in Q1 2026, about 73% below the early-2022 peak and the lowest quarterly level reported since 2011. Developers are dealing with a combination of higher financing costs, elevated construction expenses and slower rent growth. These factors have made many new projects more difficult to justify economically. The result is a shrinking development pipeline. That does not mean apartment supply is immediately disappearing. The market is still absorbing units from projects that were started during the previous construction cycle. However, fewer new starts today could translate into less new apartment supply several years from now. CoStar expects the sustained decline in apartment starts to contribute to materially lower levels of new supply in the coming years. For existing multifamily properties in carefully selected markets, that could eventually create a more balanced supply-and-demand environment. Why Market Selection Matters More Than Ever Not every multifamily market will benefit equally from these trends. Some markets are still dealing with substantial new apartment deliveries, while others face more limited development pipelines. CBRE's 2026 multifamily outlook highlights this divergence, noting that markets with significant recent construction can face near-term pressure on occupancy and rent growth while supply-constrained markets may have different performance dynamics. This makes market selection one of the most important parts of multifamily investing. Investors should consider questions such as: Is the local population growing? Are jobs being created? What industries support the local economy? How much new apartment supply is coming? What is the current occupancy rate? How affordable is renting compared with buying? Are operating expenses increasing? How much competition exists for residents? What is the local development pipeline? A strong national trend does not automatically make every property a good investment. The individual market—and ultimately the individual asset—still matters. Valuation May Create Another Point of Interest Valuation is another factor worth watching. Real estate valuations have been under pressure from higher interest rates and changing investor expectations. For buyers with long investment horizons, periods of uncertainty can sometimes create opportunities to acquire assets at more attractive bases than were available during highly competitive markets. One important concept is replacement cost. If an existing apartment property can be acquired for less than it would cost to build a comparable property today, that difference can create an important competitive consideration. Higher land, labor, materials, financing and development costs can make new construction increasingly difficult. That does not eliminate investment risk, but it can make existing multifamily assets more difficult to replicate. Patient Capital Can Look Beyond the Next Quarter Real estate is generally a long-term investment. That means today's interest rate environment or transaction volume does not necessarily determine what an asset will be worth several years from now. Historically, real estate downturns and periods of market uncertainty have been followed by extended periods of recovery and growth. The challenge for investors is having the discipline to evaluate opportunities when market sentiment is less optimistic. That requires a different mindset. Instead of asking: "What is happening this quarter?" A long-term investor may ask: "What could this property and this market look like five or ten years from now?" That shift in perspective can be particularly important in multifamily real estate investing, where the underlying investment thesis often depends on long-term rental demand, operational performance and disciplined asset management. What Patient Multifamily Investors Should Focus On A challenging market does not mean investors should lower their standards. In fact, the opposite may be true. Today's environment may reward investors who are especially disciplined about underwriting, leverage and market selection. A thoughtful multifamily investment strategy may include: 1. Conservative Leverage Higher interest rates make debt more expensive and increase the importance of maintaining adequate financial flexibility. 2. Strong Market Fundamentals Population growth, employment, household formation and rental demand can matter more than short-term market excitement. 3. Supply Analysis Understanding how many apartments are currently under construction—and how many are expected to enter the market—is essential. 4. Realistic Underwriting Investment assumptions should account for realistic rent growth, vacancy, expenses, financing costs and potential changes in market conditions. 5. Long-Term Thinking The best investment decision is not always the one that produces the fastest result. Patient capital can allow investors to focus on durable fundamentals rather than short-term market sentiment. The Opportunity May Be in the Discipline The current multifamily market is not without risks. Interest rates could remain elevated. Operating costs could increase. Certain markets may continue to experience elevated apartment supply. Rent growth may remain modest in some areas, and economic conditions can change quickly. These risks should not be ignored. But uncertainty does not necessarily mean opportunity has disappeared. In some cases, it can create an environment where disciplined investors have more time to evaluate properties, negotiate transactions and focus on fundamentals rather than competing in an overheated market. For patient investors, the combination of persistent rental housing demand, a long-term housing shortage, slowing multifamily construction and potentially more attractive valuations may make today's market worth watching closely. The opportunity is not simply about buying apartments. It is about identifying the right market, the right asset and the right investment basis—and having the discipline to say no when the numbers do not work. For long-term multifamily investors, today's uncertainty may be worth paying attention to. Sources: McKinsey & Company—"Confronting the affordable-housing crisis": McKinsey estimates that the U.S. housing shortfall could reach approximately 9.6 million units by 2035. Multifamily Dive—"Multifamily project starts declined further in Q1: CoStar." Published May 19, 2026. The article reports approximately 55,000 multifamily starts in Q1 2026, down 73% from the early-2022 peak. CBRE — 2026 U.S. Multifamily Market Outlook: CBRE's research highlights the importance of homeownership affordability, rental demand, supply levels and differences between individual multifamily markets.

By: Teresa Loos-Tedrow | Co-Founder | Next Legacy Group Passive Multifamily Investing: Beyond Tenants, Toilets & Termites When you think of real estate investing, do you think of tenants, toilets and termites? If your answer is yes, you're not alone. It's one of the first things many people picture when they hear “real estate investing.” Fixing a leaky faucet. Chasing down late rent. Taking a middle-of-the-night maintenance call. But that picture is usually built around one specific — and relatively small — version of real estate investing: owning and self-managing a single-family rental property. There is another way to think about real estate ownership. Passive Multifamily Investing Offers a Different Approach I was talking with a local broker recently and mentioned a 106-unit property we had purchased in St. Louis. His response? “Wow, that’s a big property.” His reaction stuck with me. In our circle here in the Midwest, many people don't realize that properties of this size aren't necessarily reserved for institutions or the ultra-wealthy. Qualified investors may be able to participate in larger multifamily properties by investing alongside an experienced team as passive partners. When Next Legacy Group brings a property like this to our network, it's not simply about saying, “Teresa bought a big building.” The bigger idea is that qualified investors may have an opportunity to participate in the economics of a larger real estate investment without managing every unit themselves. So what does that actually look like? Four Potential Wealth-Building Drivers of Real Estate One reason multifamily real estate can be attractive to long-term investors is that a property may have multiple potential sources of value. 1. Cash Flow A multifamily property generates rental income. After operating expenses and other obligations are accounted for, the property may generate cash flow that can potentially be distributed to investors, depending on the specific investment structure and performance. 2. Appreciation Real estate may increase in value over time. For multifamily properties, improvements in property operations, rental income, occupancy and overall market conditions can potentially contribute to an increase in property value. Of course, appreciation is never guaranteed. 3. Loan Paydown When a property has debt, principal payments can reduce the outstanding loan balance over time. As debt is paid down, the equity position in the property may increase. In simple terms, part of the property's financial structure can work toward building equity over the investment period. 4. Potential Tax Benefits Real estate can also offer tax-related strategies that may be valuable to investors depending on their individual circumstances. These may include depreciation and, when the requirements are met, 1031 exchanges. Tax treatment varies based on the investment, investor and applicable tax rules, so it's important to consult your tax professional before making decisions based on a particular tax strategy. The Investor Insight Multifamily real estate can potentially combine several sources of return within one investment. And in a passive investment structure, the investor doesn't necessarily have to be the person dealing with the toilets. From a “Big Property” to a Passive Opportunity Let's go back to that 106-unit property in St. Louis. For many people, a property with more than 100 units sounds enormous. But that's part of what I want investors to understand. You don't necessarily have to purchase and operate an entire apartment building yourself to participate in multifamily real estate. Through certain investment structures, qualified investors can invest alongside an experienced sponsor or operating team. The team may handle responsibilities such as: Property operations Tenant management Maintenance Renovations Financial oversight Execution of the property's business plan The investor's role can be significantly different from that of an individual landlord. You may be participating in the ownership economics without taking on the day-to-day responsibilities of running the property. That distinction matters. Think Long Term, Not Just About One Deal Passive investing isn't simply about receiving a distribution from one property. For many long-term investors, the bigger goal is building a portfolio of income-producing assets over time. An investor may choose to reinvest available cash flow into another investment opportunity when appropriate. Over multiple investment cycles, that can create the potential for capital to continue working rather than remaining tied to a single asset. This is where the idea of compounding becomes important. Cash flow from one investment may become capital for another investment. One property can potentially become part of a broader portfolio. And over time, multiple investments can create multiple potential sources of income and equity growth. Ownership → Income → Reinvestment → Growth That's the long-term concept. It's not about finding one perfect deal. It's about understanding the fundamentals, evaluating opportunities carefully and consistently making decisions that align with your overall investment strategy. What Does Passive Real Estate Investing Really Mean? Passive doesn't mean risk-free. It also doesn't mean investors can simply invest and forget about the investment. Every real estate investment carries risk, including the potential loss of capital. Market conditions can change. Property performance can vary. Financing costs can change. Occupancy can decline. Renovation costs can exceed expectations. That's why investor education matters. Before investing, it's important to understand: The property and market The sponsor's experience The investment structure The business plan The financing The projected hold period The potential risks The fees and expenses The distribution structure The exit strategy The goal isn't simply to find a property that looks exciting. The goal is to understand what you're investing in. The Bigger Picture: Building Long-Term Wealth The wealthy don't typically build wealth from one source of income alone. They often build systems around ownership, investing and multiple sources of income. For investors who have the appropriate risk tolerance, financial capacity and eligibility, passive multifamily investing can be one potential component of a broader long-term investment strategy. The objective isn't a quick win. It's about putting capital to work, evaluating opportunities thoughtfully and building a strategy that can evolve over years and decades. So the next time real estate investing comes to mind, don't automatically think about tenants, toilets and termites. Think about ownership. Think about income. Think about long-term wealth building. And think about what it could look like to participate in real estate without taking on another full-time job. Investor Takeaway Multifamily investing isn't simply about buying a big building. It's about understanding how a real estate asset can potentially generate value through cash flow, appreciation, loan paydown and potential tax benefits. For qualified investors, passive multifamily investing can offer a way to participate in larger real estate opportunities while an experienced team manages the day-to-day property operations. The right strategy will be different for every investor. But the first step is education. Understand the fundamentals. Ask questions. Evaluate the risks. Then decide whether the strategy fits your goals. Have Questions About Your Investment Strategy? Want to learn more about passive multifamily investing or how these principles may apply to your investment strategy? Let's talk. If you have gains from another property, ask the Next Legacy Group team about 1031 exchanges and whether rolling eligible gains into another real estate investment may fit your strategy. We're always happy to talk real estate, investing and long-term wealth building!

By: Laura DeVaney | Co-Founder | Next Legacy Group Would you put your own money into this deal? Laura DeVaney shares the questions she believes investors should ask before committing capital to a multifamily investment—from break-even points and due diligence to the team responsible for executing the business plan. The Question I Ask Before Investing in Any Deal Recently, our team at Next Legacy Group reached an important milestone: we closed on a multifamily property. Reaching the closing table is exciting. The underwriting has been reviewed, inspections are complete, financing has been negotiated and the documents are signed. But the path to closing is rarely perfectly straight. There are unexpected issues, difficult conversations, changing assumptions and moments when you have to stop and reassess. That process reinforced something I strongly believe about multifamily real estate investing. When an opportunity comes across my desk, I don't want my first question to be: "What is the projected return?" Returns matter. We're investing to make money. But there's a more important question: "Would I put my own money into this deal?" And perhaps an even better question: "Would I feel comfortable putting my family's money into it?" That question changes how you evaluate an investment opportunity. Investors Often See the Beginning and the End As an investor, you may see an opportunity when it's presented. Later, you hear: "We closed." What you don't always see is everything that happens in between. That includes: Underwriting revisions Lender conversations Property-management discussions Inspections Due diligence Challenging assumptions Unexpected issues Decisions about whether to move forward or walk away Buying a multifamily property isn't simply about finding a building with attractive numbers. It's about determining whether those numbers can hold up under real-world conditions. A Spreadsheet Is Only the Beginning At Next Legacy Group, we spend significant time analyzing potential investments. We look at: Occupancy Rental income Operating expenses Debt service Capital expenditures Break-even points Multiple potential scenarios But a spreadsheet has limitations. A spreadsheet tells you what should happen. Due diligence helps reveal what might actually happen. During our recent acquisition, we discovered that many residents had pets that weren't reflected in their rental agreements. That seemingly small detail revealed more than one opportunity. It helped identify potential additional property revenue through properly documented pet fees. It also helped us better understand the people living at the property. An underused basketball court, combined with the needs of residents, created an opportunity to consider whether the space could better serve the community as a dog park. That's what good due diligence can uncover. Sometimes the same information that reveals a potential revenue opportunity can also reveal an opportunity to improve the property for residents. Ask the Hard Questions Before You Invest Underwriting shouldn't stop when the model looks attractive. That's when the questions should get harder. What happens if: Occupancy falls? Expenses increase? Renovations cost more than expected? Rent growth is weaker than projected? Insurance or property taxes increase? The market changes? The exit environment looks different several years from now? One of the most valuable questions we can ask is "What if we're wrong?" Not because we expect the plan to fail. Because we want to understand how the investment performs when the plan is tested. Know Where the Deal Breaks One of the areas I have become increasingly interested in is something that doesn't always receive enough attention in an investment presentation: The break-even point. I don't only want to know how a property performs at 95% occupancy. I want to know what happens at: 90% 85% 80% At what point does the property stop comfortably supporting itself? That tells me something a projected return alone cannot: How much margin for error do we have? Real estate rarely follows a spreadsheet perfectly. Interest rates move. Insurance premiums increase. Taxes change. Repairs happen. Residents move. Markets shift. As investors, we need to understand not only how an investment performs when everything goes according to plan, but also how it behaves when it doesn't. The Property Is Only Part of the Investment A good property alone doesn't create a good investment. Someone has to execute the plan. Someone has to: Collect rent Control expenses Oversee maintenance Manage renovations Monitor occupancy Identify problems Recognize opportunities Adjust when conditions change That's one reason being vertically integrated matters to us. At Next Legacy Group, our approach includes in-house property management, construction and maintenance teams. This provides greater visibility into what's happening at the property and more direct control over how the business plan is executed. But for me, the bigger advantage is alignment. The people making decisions about the investment are closely connected to the people managing the property, completing the work, interacting with residents and seeing what is happening day to day. That matters because a business plan written before closing will never anticipate everything that happens afterward. When occupancy changes, an expense comes in differently than expected or we identify an opportunity to improve the property, our teams can communicate directly and adjust. That's why I believe the team operating the property matters just as much as the property itself. Ask Yourself: Do I Trust the Team? For me, the question isn't simply: "Do I believe in this business plan?" It's also "Do I trust the team responsible for executing it?" Because eventually, something unexpected will happen. And when it does, I want the people responsible for the investment and the people operating the property working toward the same goal. Closing Is Only the Beginning Before closing, the central question is, "Should we buy this property?" After closing, it becomes, "How do we make this property perform?" That shift matters. The building doesn't know what the spreadsheet says. Residents don't know what the business plan says. The property simply operates every day. Now the job is execution. That means working with our property management, construction and maintenance teams, watching expenses, understanding resident needs, evaluating improvements and continually measuring actual performance against the plan. Buying the property gets the announcement. Operating it well creates the outcome. Investor Capital Makes It Personal At Next Legacy Group, we're entrusted with capital that may represent years — sometimes decades — of someone's work. That money may have come from: Building a business Growing a career Selling a property Making disciplined financial decisions year after year I don't take that responsibility lightly. When someone chooses to invest alongside you, they're placing trust in your team. We can't eliminate investment risk. No one can. What we can do is: Ask better questions Challenge assumptions Stress-test the numbers Conduct thorough due diligence Surround ourselves with experienced professionals Be willing to say no when an opportunity no longer meets our standards Sometimes the best investment decision is the deal you choose not to do. The Small Decisions Matter There is a verse in Alma that has always resonated with me: "By small and simple things are great things brought to pass." The more I build this business, the more I understand that principle. A closing may look like one big accomplishment. But it isn't. It's hundreds of small decisions that eventually create one meaningful result: One more question One more phone call One more document reviewed One assumption challenged One expense investigated One difficult conversation One decision not to accept the easy answer Individually, those actions may seem small. Together, they become something much bigger. More Than a Closing Reaching the closing table was an important milestone. But the greater satisfaction comes from knowing how we got there. We asked hard questions. We challenged the numbers. We worked through the unexpected. And we kept returning to the standard I carry into every opportunity: "Would I put my own money into this deal?" When investors choose to invest alongside Next Legacy Group, they're trusting us with something they worked hard to build. I want to honor that trust—not only in the investments we choose, but in how we operate them after closing. That's what building Next Legacy Group means to me: Making good decisions, over and over again, with people we trust and for people who trust us. This closing is one milestone—and the beginning of the next chapter we're building together. Want to Learn More About Multifamily Investing? If you're exploring multifamily real estate investing, continue building your knowledge before making an investment decision. Join Next Legacy Group's Friday Night Lights, a free weekly educational webinar where investors and prospective investors can learn more about multifamily investing, market trends, investment strategies and real-world deal analysis. The webinar is currently held every Friday at 7:00 PM ET. LEARN MORE ABOUT MULTIFAMILY INVESTING → https://funnel.nextlegacy.net/home REGISTER FOR FRIDAY NIGHT LIGHTS → https://timeformorezoom.com/ About Laura DeVaney Laura DeVaney is the co-founder of Next Legacy Group and a multifamily real estate investor. Her investment philosophy centers on thoughtful decision-making, due diligence, legacy and responsible stewardship of investor capital.

By: Jason Ottilo | Co-Founder | Next Legacy Group Jason Ottilo shares the story behind Next Legacy Group and its mission to open the door to real estate investing education. Somewhere right now, in a room you and I were never invited into, a group of wealthy investors is reviewing an investment opportunity that may never appear in your 401(k), never show up in your brokerage account and may never be mentioned by your financial advisor. It may generate income. It may offer potential tax advantages. And by the time the general public hears about an opportunity like it, the seats may already be gone. I know that room exists because, for most of my life, I was standing outside of it too. Five People. One Shared Regret. Next Legacy Group didn't start in a boardroom. It started with five people — Teresa Loos-Tedrow, Tim Gramling, Laura DeVaney, Justin Bennett and me—who kept crossing paths through different commercial real estate opportunities. We had been part of groups that, frankly, didn't work. Wrong priorities. Wrong incentives. Wrong people at the top. Some of that was on the groups. Some of it, if I'm being honest, was on us for not asking harder questions sooner. But every time the five of us ended up in the same conversation, something kept surfacing. We were all close in age. We had all discovered real estate around the same season of life. And every one of us carried the same quiet frustration: Nobody told us this existed when we were younger. Nobody told us real estate could potentially produce monthly cash flow. Nobody explained depreciation or how the tax code can treat ownership of real property differently from ordinary employment income. Nobody showed us there was a world beyond the stock market—a world of apartments, self-storage and other hard assets that wealthy investors have used as part of long-term wealth-building strategies. We each had to stumble into it on our own. Years later than we should have. After decades of doing exactly what we were told: Work hard. Save. Put it in the 401(k). Hope. That shared regret became our foundation. We wanted to become the people we needed twenty years ago. The Opportunities Most People Are Never Taught About Here's what we believe every investor should understand: Wealth building isn't limited to the investments most people hear about first. Private, income-producing assets—including real estate—can play an important role in a diversified long-term investment strategy. Here are four concepts we believe investors should understand: 1. Cash Flow Well-operated rental properties can generate recurring income, potentially providing cash flow that isn't directly tied to trading hours for dollars. 2. Hard Assets Real estate is tangible. Unlike an investment that exists only as a number on a screen, real estate represents physical property that can be owned, operated and improved. 3. Tax Considerations Real estate ownership can involve tax considerations such as depreciation, cost segregation and capital gains treatment. Tax treatment varies by individual circumstances, so investors should always consult their own qualified tax professional. 4. Long-Term Perspective Private real estate doesn't reprice every second on a public exchange. That can allow investors to focus more on property fundamentals, operations and long-term strategy rather than reacting to every daily market headline. The Problem Isn't Always the Opportunity. Sometimes, it's access. None of these concepts are secrets to experienced investors. But they can be difficult for everyday investors to discover because of: Minimum investment requirements Limited networks Complex terminology Lack of investor education Limited access to experienced operators Our goal is to help change that. Teachers. Engineers. Nurses. Small business owners. People like us. Yes, We're a Business. That's the Point. Let me address it directly. Next Legacy Group is a business, and businesses need to make money to continue operating. If the company doesn't sustain itself, the mission can't continue. But there's an important distinction: There's a difference between a company that exists to make money and a company that makes money so it can keep serving its mission. For us, that mission is education. It's opening the door. It's helping people understand how this world works. It's handing people the map we wish someone had handed us years ago. The money keeps the lights on. The mission is what gets us out of bed. The Legacy We're Actually Building We chose the name Next Legacy Group deliberately. It isn't about our legacy. It's about yours. It's about the next generation of your family knowing more about money than previous generations had the opportunity to learn. Every webinar we host. Every article we write. Every conversation we have with a first-time investor. Each one is an opportunity to reach back through time to the younger versions of ourselves who were standing outside that room. And hold the door open. You don't have to invest with us to learn from us. That's not a marketing line. That's the mission. So Here's My Question for You? Think back twenty years. If someone had sat you down and explained how experienced investors approach wealth building and real estate, would you have listened? You can't go back and have that conversation. But you can become the person in your family who finally has it. What do you wish someone had taught you about money when you were younger? Your answer could be the exact thing someone else needs to hear. The Door Is Open. Come learn what's inside the room. Next Legacy Group hosts Friday Night Lights, a free weekly educational webinar where investors and prospective investors can learn more about real estate investing, market trends, multifamily properties and investment strategies. The company's website currently describes the webinar as an open educational conversation held every Friday at 7:00 p.m. ET. Join Friday Night Lights Every Friday at 7:00 PM ET Join Friday Night Lights on Zoom About Jason Ottilo Jason Ottilo is a co-founder of Next Legacy Group and a real estate investor with experience in multifamily properties and other real estate assets. Jason has invested in more than 500 multifamily units and also owns an RV park in Arkansas. His experience has shaped his commitment to helping investors better understand real estate and long-term wealth-building strategies. A Note From Next Legacy Group Our goal is simple: Provide education. Open the door. Help investors ask better questions. Whether you're exploring real estate investing for the first time or looking to deepen your understanding of alternative investments, we believe the first step is education. Because you can't make an informed decision about a room you've never been shown. Important Disclaimer: This article is for educational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offering is made only to qualified investors through official offering documents. Real estate investing involves risk, including the potential loss of principal. Investors should consult their own financial, legal and tax professionals before making investment decisions.

By: Tim Gramling | Co-Founder | Next Legacy Group One of the biggest mistakes real estate investors can make is believing the goal is to own a property forever. It isn’t. The goal is to continually position your capital where it has the greatest opportunity to support your long-term wealth-building objectives. Every investment property has a life cycle. What was once a great investment can eventually become management-intensive, require significant capital improvements or simply stop aligning with your financial goals. When that happens, investors may hesitate to sell because of the potential capital gains tax consequences. That is where a 1031 exchange may become an important strategy to consider. What Is a 1031 Exchange? A 1031 exchange, named after Section 1031 of the Internal Revenue Code, generally allows an investor to exchange one qualifying investment property for another while potentially deferring recognition of capital gains taxes, provided the transaction meets applicable IRS requirements. For investors, tax deferral is often what initially makes a 1031 exchange attractive. Instead of immediately paying taxes on a gain from the sale of a qualifying investment property, an investor may be able to keep more equity invested in another qualifying property. However, the bigger question is: What can you do with that capital next? A 1031 Exchange Can Be More Than a Tax Strategy A 1031 exchange can also be viewed as a repositioning strategy. Your investment goals may change over time. Your property may change, too. For example, you may find yourself managing several smaller properties that require more time and attention than you want to give them. You may also own a property that requires significant capital improvements or has reached a point where its role in your portfolio no longer makes sense. In those situations, an investor may consider repositioning capital into a different type of qualifying real estate investment. For some investors, that could mean moving from several smaller properties into a larger multifamily asset. For others, it could mean transitioning away from direct property management and exploring passive investment opportunities alongside an experienced multifamily team. The right strategy depends on the investor, the properties involved and the applicable tax and investment considerations. Keep Your Capital Aligned With Your Goals Successful real estate investing isn't simply about holding an asset indefinitely. It is about regularly evaluating whether an investment continues to serve your broader financial objectives. Ask yourself: Is this property still aligned with my investment goals? Has managing the property become more time-consuming? Are significant capital improvements on the horizon? Does the property still fit the role I want it to play in my portfolio? Could my capital potentially be positioned differently? What are the tax implications of selling or exchanging the property These questions can help you move from an emotional attachment to a property toward a more strategic evaluation of your portfolio. Repositioning Capital for the Next Opportunity At Next Legacy Group, we believe every property should continue earning its place in an investor's portfolio. Sometimes the best decision isn't simply holding on to yesterday's success. It may be considering how your capital could be positioned for tomorrow's opportunity. Next Legacy Group has experience with multiple 1031 transactions and understands the importance of carefully evaluating the options available to investors. A 1031 exchange isn't appropriate for every investor or every property. The transaction must meet specific requirements, and investors should understand the tax, legal and investment implications before making a decision. Think Beyond the Property Your property is an asset. But your capital is the engine behind your investment strategy. As your goals change, it may be worth asking whether your current properties are still the best fit for the future you are building. A thoughtful investment strategy isn't necessarily about owning the same property forever. It's about making thoughtful decisions about where your capital can create the greatest value while staying aligned with your long-term goals. Meet Tim Gramling Tim Gramling is the co-founder of Next Legacy Group, where he helps guide investors through multifamily real estate and long-term wealth-building strategies. With experience navigating multifamily investments and 1031 transactions, Tim brings a strategic perspective to helping investors evaluate opportunities, understand their options and make informed decisions about their real estate capital. His approach centers on thoughtful investing, strategic positioning and creating long-term value rather than simply holding properties for the sake of ownership. Explore Your Investment Options If you're evaluating whether your current investment property still fits your long-term goals, it may be time to consider what comes next. Explore the Next Legacy Group investment philosophy and learn more about multifamily investing and passive investment opportunities. EXPLORE OUR INVESTMENT PHILOSOPHY https://funnel.nextlegacy.net/home

By: Teresa Loos-Tedrow | Co-Founder | Next Legacy Group Markets change. Great investors keep learning. Discover why Teresa Loos-Tedrow believes continuous education and real-world experience are essential for making smarter multifamily investment decisions. Continuous Learning Creates Better Investors. After attending my ninth real estate summit, one lesson continues to stand out: the value of showing up never disappears. Many people assume conferences become repetitive after you've attended several. In reality, the opposite happens. Every event offers a new perspective because every investment, every challenge, and every success changes the way you process information. The lessons may sound familiar, but your experience allows you to apply them differently each time. As investors grow, education shifts from learning the basics to refining strategies, validating decisions, and discovering opportunities that may have gone unnoticed before. Experience Changes the Way We Learn The first time I learned how to underwrite a multifamily property, I focused on taking notes as quickly as possible. Years later, those same lessons serve a completely different purpose. Instead of simply learning the process, I'm comparing new ideas against real transactions, evaluating operational improvements, and identifying better ways to serve our investors. The information hasn't changed. The investor has. That is one of the greatest benefits of continuous education. Why Live Real Estate Events Still Matter The commercial real estate market never stands still. Interest rates fluctuate. Lending standards evolve. Cap rates adjust. Investment opportunities shift from one market to another. Learning directly from experienced operators provides insights that simply cannot be replaced by reading headlines online. At Next Legacy Group, continuous education allows us to stay informed, challenge our assumptions, and make better decisions based on today's market—not yesterday's. The best investment decisions come from today's insights, not yesterday's headlines. Confidence Comes From Doing the Work Education is valuable. Experience is transformational. Real confidence doesn't come from attending conferences—it comes from analyzing deals, negotiating contracts, solving unexpected problems, and successfully operating investment properties. Each acquisition teaches lessons no classroom can replicate. Live events sharpen those experiences by allowing us to compare our strategies with other successful operators and continuously improve our investment process. Relationships Build Better Opportunities Some of the most valuable moments at investment conferences never happen on stage. They happen over coffee. During lunch conversations. Through networking with operators, investors, lenders, and strategic partners. Real estate has always been a relationship business. Those connections often become future partnerships, investment opportunities, and valuable sources of knowledge that continue long after the conference ends. Why This Matters for Our Investors When you invest with Next Legacy Group, you're partnering with a team committed to continuous improvement. Markets evolve. Strategies adapt. Successful investors never stop learning. By attending industry-leading events, evaluating current market conditions, and learning from experienced operators, we continue strengthening our ability to identify opportunities, manage risk, and protect investor capital. Our commitment is simple: To continue learning so we can continue serving our investors with excellence. Final Thoughts Every summit reinforces the same truth. Learning is not an event. It's a lifelong investment. The more experience we gain, the more valuable every conversation, presentation, and relationship becomes. Whether you're beginning your real estate journey or expanding an investment portfolio, never underestimate the value of getting in the room. Sometimes the lesson you've been waiting for isn't new. You're simply ready to understand it in a completely new way. About Teresa Loos-Tedrow Teresa Loos-Tedrow is the Co-Founder of Next Legacy Group, where she helps investors build long-term wealth through multifamily real estate. As an active owner, operator and educator, Teresa is committed to continuous learning, disciplined underwriting, and creating investment opportunities designed to help families build lasting financial legacies.

By: Laura DeVaney | Co-Founder | Next Legacy Group The greatest return on any investment isn't measured only by financial growth, it's measured by the freedom to create meaningful moments with the people you love. You Worked Hard for Your Wealth… Is It Working for You? Before You Make Another Investment, Answer This One Question. You spent years building your expertise. You worked hard to earn trust, solve difficult problems, and develop the discipline that helped create a successful career. Those same qualities likely allowed you to build wealth along the way. But amid demanding schedules, client meetings, business decisions, and daily responsibilities, one important question often gets overlooked. It isn't about market performance. It isn't about finding the next investment opportunity. And it isn't about earning a higher return. Instead, it begins with a much more personal question. What Is Your Why? Not your career title. Not your résumé. Not your income. Your why is the deeper purpose behind everything you're working to build. For me, that purpose is simple: Financial freedom to create opportunities and time freedom to enjoy them with the people I love. Because in the end, wealth isn't just about accumulating assets. It's about creating a life filled with experiences, relationships, memories, and a legacy that extends far beyond financial success. For others, that purpose may look different. It might be: Creating lasting financial security for your family. Helping fund your children's education. Supporting aging parents. Giving generously to causes you believe in. Building generational wealth. Creating flexibility to retire on your own terms. Whatever your answer may be, your investment strategy should reflect it. Income Doesn't Automatically Create Freedom High-income professionals are often viewed as financially secure. Yet earning a great income doesn't automatically create financial independence. In many cases, that income depends entirely on your continued time, expertise, and availability. If you stop working, your income often slows down too. That is why building wealth requires more than earning well. It requires putting your capital to work intentionally. The challenge for many professionals isn't a lack of opportunity. It's a lack of time. Between growing a business, managing clients, leading teams, or building a career, there simply aren't enough hours to evaluate every investment opportunity, sponsor, financial projection, or market trend. As a result, capital may sit idle. Or worse, it may be invested without fully understanding whether the opportunity truly aligns with long-term goals. Let Your Why Guide Every Investment Decision Before asking, "Where should I invest?" Consider asking a different question: "What do I want my capital to accomplish?" Perhaps you're looking to: Generate supplemental passive income. Diversify beyond your business or career. Prepare for retirement. Preserve wealth for future generations. Invest in opportunities that don't require day-to-day management. There isn't one correct answer. But there is one important principle. When your investments align with your purpose, every financial decision becomes more intentional. Your WHY provides context. It helps determine whether an opportunity fits your goals, your timeline, your risk tolerance, and ultimately, the future you're trying to build. The Hidden Cost of Waiting Busy professionals often postpone investment decisions. There's always another meeting. Another deadline. Another client. Another project demanding immediate attention. Months quickly become years. While no one should rush into an investment decision, waiting indefinitely also has a cost. The opportunity cost isn't simply missed returns. It can also mean: Delayed financial education. Fewer income-producing assets. Less flexibility later in life. Lost years of compounding growth. Purposeful investing isn't about acting quickly. It's about acting intentionally. You Don't Need More Investment Noise Every day we're surrounded by headlines, podcasts, newsletters, social media opinions, economic forecasts, and endless investment predictions. More information doesn't always create better decisions. A better framework does. The right investment relationship shouldn't rely on hype or fear of missing out. Instead, it should help you: Ask better questions. Understand the risks. Evaluate opportunities objectively. Decide whether an investment truly aligns with your personal goals. Because the best investment isn't always the one promising the highest projected return. It's the one that helps move you closer to your why. Build More Than a Portfolio Your career may create wealth. Your investments can create options. The option to work because you choose to—not because you have to. The option to spend more time with your family. The option to support causes that matter to you. The option to travel. The option to create a lasting legacy. That's the bigger conversation. Not simply, "Where should I invest?" But rather, "What kind of life am I investing in to create?" Start With Purpose Before reviewing another offering or comparing another projected return, pause for a moment. Write down your why. Keep it where you'll see it often. Then, before every investment decision, ask yourself: "Will this move me closer to the life I'm trying to build?" Purpose won't eliminate uncertainty. But it will help you navigate every decision with greater clarity and confidence. At Next Legacy Group, we believe investing begins with purpose. Our goal is to help busy professionals explore opportunities thoughtfully, ask better questions, and determine whether an investment aligns with the future they want to build. Because the best investments don't simply grow wealth. They help create the life that wealth was always meant to support. Join the Conversation If you're ready to begin investing with greater clarity and purpose, we'd love to connect with you. Join our weekly Friday Night Lights webinar where we discuss multifamily investing, market insights, and practical strategies designed for busy professionals seeking passive investment opportunities. Explore More: https://www.nextlegacy.net Register for Friday Night Lights: https://funnel.nextlegacy.net/home About the Author Laura DeVaney | Co-Founder, Next Legacy Group Laura DeVaney is the co-founder of Next Legacy Group, where she helps busy professionals approach passive investing with clarity, purpose and confidence. She believes wealth is more than a financial goal, it's a tool for creating freedom, strengthening families, and building a lasting legacy. Through educational content, investor relationships, and thoughtful guidance, Laura encourages professionals to align every investment decision with their long-term vision and personal values. Her writing reflects Next Legacy Group's commitment to helping investors ask better questions, understand opportunities, and build wealth with intention.

By: Jason Ottilo Co-Founder | Next Legacy Group I Did Life Backwards—And It Led Me to My "Why." "People don't buy what you do—they buy why you do it." — Simon Sinek Simon Sinek's Start With Why asks a deceptively simple question: Why do you do what you do? Not what you do. Not how you do it. Why. For most of my life, I couldn't answer that question. I was too busy surviving. The Traditional Blueprint Most Americans grow up believing life follows a predictable order: Diploma Employment Spouse Kids a blueprint built around one assumption: earn a degree, build a career, retire with a 401(k), and everything else will fall into place. My story looked nothing like that. I became a parent before most people chose a college major. I worked multiple jobs while raising a family. My degrees came decades later through night classes, early mornings, and years of perseverance. What many would call a disadvantage became the foundation for everything that followed. Lessons You Can't Learn in a Classroom Doing life "backwards" taught me lessons no textbook ever could. It taught me discipline when I was exhausted. It taught me how to stretch every dollar. It taught me responsibility long before I felt ready. Most importantly, it taught me that success isn't determined by the order in which life happens. It's determined by the decisions we make every day. The Years I Ignored My Purpose For nearly three decades, I worked in the corporate world. My goal was simple: provide for my family. But deep inside, there was something missing. I wanted to build people up. I wanted to teach. I wanted to help others avoid the mistakes I made. Finance became my classroom. Whenever money was left after paying the bills, I studied the markets, traded stocks and options, and searched for better ways to build wealth. Looking back, I also had to acknowledge an uncomfortable truth. Some of my biggest obstacles weren't created by other people. Many were created by my own decisions. Owning those mistakes became one of the most valuable investments I ever made. Two Moments That Changed Everything The first came during one of the hardest seasons of my life. A divorce left me emotionally, mentally, and financially exhausted. Years of work disappeared almost overnight. While painful, it forced me to stop blaming circumstances and start taking ownership. That mindset became the foundation for rebuilding. The second turning point came a few years later. I married someone who believed in my potential before I fully believed in it myself. The right partner challenged me to think bigger, expect more, and pursue opportunities I once believed were beyond reach. Sometimes the greatest investment isn't financial. It's the people you choose to surround yourself with. Discovering a Different Way to Build Wealth At age 47, I discovered a world of investing I had never been introduced to. Private real estate. Income-producing multifamily investments. Alternative investment opportunities that many successful investors have used for generations. For the first time, I realized the stock market wasn't the only path to building wealth. It wasn't even the only way to create passive income. That discovery changed everything. Why Next Legacy Group Exists That experience became the inspiration behind Next Legacy Group. Together with Teresa, Tim, and Laura, we built an investment company around one mission: Helping investors discover opportunities they may never have known existed. Our mission is simple: Provide access to private investment opportunities. Educate investors about alternatives beyond traditional retirement strategies. Help families create lasting financial legacies through income-producing assets. We believe education creates confidence. Confidence leads to better decisions. Better decisions build stronger legacies. Your Story Isn't Finished One of the greatest lessons I've learned is this: Your past doesn't disqualify you. Your setbacks don't define you. Your timeline doesn't determine your future. Sometimes the experiences we wish hadn't happened become the very things that prepare us for our greatest purpose. If your journey has been anything like mine—imperfect, unconventional, and filled with lessons—you are not behind. You may simply be building your legacy on a stronger foundation. Because your legacy isn't behind you. It's next. About Next Legacy Group Next Legacy Group helps accredited and eligible investors access private, income-producing real estate investment opportunities while providing education designed to support informed, long-term financial decisions. Whether you're looking to diversify beyond traditional investments or explore commercial multifamily real estate, our team is committed to helping you build wealth with purpose and create a lasting legacy. Ready to Build Your Legacy? If you're interested in learning how private multifamily real estate may fit into your long-term investment strategy, we're here to help. Explore our educational resources, meet our team, and discover how Next Legacy Group is helping investors build wealth with purpose. 🌐 Website: https://www.nextlegacy.net 📅 Friday Night Lights Webinar: https://funnel.nextlegacy.net/home About Jason Ottilo Jason Ottilo is the co-founder of Next Legacy Group, where he is passionate about helping investors build lasting wealth through private commercial real estate investments. His journey—from working multiple jobs and earning his degrees over three decades to discovering the power of alternative investments—has shaped his commitment to investor education and legacy building. Jason believes that financial success is built on continuous learning, strong relationships, and making informed investment decisions. Through Next Legacy Group, he helps accredited and eligible investors explore income-producing multifamily real estate opportunities while empowering them to think beyond traditional retirement strategies.

By: Tim Gramling | Co-Founder | Next Legacy Group Your Investment Doesn't Need a Better Deal. It Needs Better Stewardship. When investors evaluate a multifamily investment opportunity, most of the attention naturally goes toward the acquisition. Questions often center around: Purchase price Projected returns Financing structure The business plan These factors are important because they establish the foundation for a successful investment. However, they represent only the beginning of the journey. What ultimately determines whether investor capital is protected and grown is the quality of the asset management that follows. What Is Asset Management? Asset management is the ongoing process of overseeing an investment after acquisition to maximize performance while protecting investor capital. It extends far beyond reviewing financial statements or participating in operating calls. Effective asset management requires continuous oversight, thoughtful decision-making, and the discipline to respond as market conditions evolve. Success isn't determined by one major decision. It's built through hundreds of small decisions made consistently over time. Why Stewardship Matters Commercial real estate markets are constantly changing. Operating expenses fluctuate. Interest rates move. Resident expectations evolve. Local market conditions shift. Strong asset management means continually asking important questions: Are renovations producing the expected return on investment? Are rising expenses temporary or signs of a larger operational issue? Has the market changed enough to adjust our strategy? Are reserves sufficient to navigate unexpected challenges? The answers to these questions help determine whether an investment achieves its long-term objectives. Protecting investor capital is not a one-time event. It's an ongoing responsibility. Lessons From Engineering Before entering multifamily investing, my career as an engineer taught me that major failures rarely happen without warning. Most problems begin as small deviations, overlooked details, or risks that weren't addressed early. Organizations that consistently succeed recognize those warning signs before they become expensive problems. The same principle applies to multifamily real estate investing. Strong stewardship requires paying close attention to both opportunities and risks throughout the life of an investment. Exceptional Asset Management Requires Discipline Successful asset management includes: Data-driven decision-making Active operational oversight Strategic capital improvements Continuous market analysis Disciplined risk management The flexibility to adapt as conditions change Anyone can present an attractive underwriting model. Exceptional asset managers know how to execute when reality looks different than the spreadsheet. Every Decision Matters Long-term investment performance isn't created only on acquisition day. Value is created every day through thoughtful execution. Every renovation completed. Every lease renewed. Every operating expense reviewed. Every market trend evaluated. Every strategic decision contributes to protecting investor capital and creating lasting value. Our Commitment at Next Legacy Group At Next Legacy Group, every significant decision begins with one guiding question: "Does this strengthen the investment while protecting the capital our investors have entrusted to us?" Our responsibility extends far beyond acquiring multifamily properties. Our commitment is to provide disciplined stewardship that helps preserve capital, manage risk, and position every investment for long-term success. Because investors aren't simply hiring us to purchase apartments. They're trusting us with a portion of their financial future. Ready to Learn More? If you're looking for a partner who values disciplined asset management as much as acquisition, we'd love to connect. Explore our investment philosophy and opportunities at Next Legacy Group. Join Our Friday Night Lights webinar. Want to deepen your understanding of multifamily investing? Friday Night Lights is Next Legacy Group's free weekly educational webinar designed to help investors gain practical knowledge and confidence in commercial real estate. Every Friday at 7:00 PM ET Register here: 🔗 https://us06web.zoom.us/j/84316435749 About Tim Gramling Co-Founder | Next Legacy Group Tim Gramling is the co-founder of Next Legacy Group, where he helps investors build long-term wealth through multifamily real estate. With a background in engineering and capital project management, Tim brings a disciplined, data-driven approach to asset management, risk mitigation and investment stewardship. His philosophy is simple: acquiring a great property is only the beginning. Long-term success comes from protecting investor capital through thoughtful execution, operational excellence and strategic decision-making. Tim is passionate about educating investors and helping them make informed real estate investment decisions that create lasting financial legacies.

By: Teresa Loos-Tedrow | Co-Founder | Next Legacy Group How One Career Change Led to Building a Legacy Through Multifamily Real Estate For nearly three decades, I built a successful career in radio sales. I built relationships, helped businesses grow, and learned lessons about leadership, communication, and perseverance that still serve me today. It was a career I truly enjoyed. But over time, I began asking myself an important question: Would my career alone create the financial future I envisioned for myself and my family? The answer led me on an entirely new journey—one that ultimately inspired the creation of Next Legacy Group. Success Doesn't Always Equal Financial Freedom Like many professionals, I believed that working harder would naturally lead to greater financial security. While my career provided stability and fulfillment, I realized I was still trading my time for income. As the media industry evolved, I started thinking differently about wealth—not just earning it, but building it. I wanted investments that could continue working long after I finished my workday. That search eventually introduced me to real estate. Lessons from Entrepreneurship Before fully committing to real estate investing, I invested in two restaurant franchises while also purchasing my first single-family rental properties. Owning restaurants taught me valuable lessons about leadership, operations, and resilience. But it also revealed something unexpected. The restaurants required my constant attention. The rental properties quietly generated income. One depended on my time. The other depended on the asset. That contrast completely changed how I thought about building wealth. It's Never Too Late to Change Your Financial Future After selling the restaurants, I immersed myself in learning everything I could about investing. Podcasts became my classroom. Books became my mentors. Conversations with experienced investors expanded my perspective. I wasn't in my twenties. I wasn't even in my thirties. I was in my fifties. Like many people, I wondered whether I had waited too long. Fortunately, I discovered something far more encouraging: The best time to start building wealth isn't determined by your age—it's determined by your decision to begin. The Moment Multifamily Investing Changed Everything During one podcast, I heard an investor explain that instead of purchasing one rental home at a time, they invested in apartment communities with hundreds of units. That idea immediately resonated with me. Multifamily investing offered something I had been searching for: Greater scalability Consistent cash flow potential Long-term appreciation Professional property management Opportunities to build lasting wealth through strategic partnerships It wasn't simply about owning more real estate. It was about creating a smarter approach to investing. That realization became the foundation for what would eventually become Next Legacy Group. Why We Founded Next Legacy Group Next Legacy Group was built on a simple belief: Financial freedom should be accessible through education, strategic investing, and strong partnerships. Together with my partners, we created a company dedicated to helping busy professionals, entrepreneurs, retirees, and accredited investors participate in multifamily real estate opportunities designed for long-term growth. We believe investing should create more than financial returns. It should create options. It should create freedom. Most importantly, it should create a legacy. The Advice I'd Give My 25-Year-Old Self If I had the opportunity to speak with my younger self today, I wouldn't tell her to abandon her career. I'd tell her to continue building it. But I'd also tell her this: Don't let your career be your only investment. Start learning about assets. Start understanding passive income. Start building wealth earlier than you think you need to. The tools available today—podcasts, books, educational communities, mentors, and investment opportunities—make it easier than ever to begin. Your Financial Journey Starts with One Decision. One of the biggest misconceptions about investing is that you have to know everything before you begin. You don't. Every experienced investor started by asking questions, learning, and taking that first step. Whether you're in your thirties, forties, fifties, or beyond, your opportunity to build long-term wealth is still in front of you. The window is still open. Continue Your Investment Journey If you're interested in learning more about multifamily real estate investing and how passive investing can support your long-term financial goals, we'd love to help. Explore Our Investment Philosophy 🌐 https://www.nextlegacy.net Download Our FREE Passive Investor Guide 📘 https://funnel.nextlegacy.net/home Register for Our Weekly Investor Webinar 🎥 Learn directly from our team and discover how multifamily investing works. About Teresa Loos-Tedrow Teresa Loos-Tedrow is the co-founder of Next Legacy Group, a real estate investment firm focused on helping investors build long-term wealth through multifamily real estate. She is also the owner of TeddyCo Properties and TeddyCo Media. Drawing on decades of experience in business, sales, marketing, and leadership. Teresa is passionate about educating others on passive investing, financial freedom, and creating generational wealth. Learn more about Teresa: https://iamteresaloostedrow.com

By: Jason Ottilo | Co-Founder | Next Legacy Group THE MIDDLE CLASS IS BEING DELETED. HERE'S THE RECEIPT. Something is happening to America that very few people are willing to say out loud. Not your financial advisor. Not the evening news. Not the politicians promising everything is fine. So let's say it. The American middle class—the backbone of the country and the dream that built it—is shrinking. And the data leaves little room for debate. This isn't fear. This isn't politics. These are numbers. And once you see them clearly, you can't unsee them. THE 7 NUMBERS EVERY INVESTOR SHOULD PAY ATTENTION TO 1. $1,000 That's the median retirement savings of the average working-age American. The middle class has fallen from 61% of adults in 1971 to just 51% today. Millions are one emergency away from financial collapse. One medical bill. One job loss. One car repair. And only $1,000 stands between them and disaster. 2. $1.25 Trillion That's the amount of credit card debt crushing American households. Delinquencies are at their highest level in 15 years. Families aren't borrowing for vacations or luxury purchases. They're borrowing to pay for: Groceries Rent Utilities Basic necessities And many are paying interest rates of 24% to 29%. 3. 6% Six percent of American workers tapped their retirement accounts last year simply to survive. Many did so to avoid eviction. That means sacrificing decades of compound growth for an average withdrawal of just $1,900. This marks the sixth consecutive year of rising hardship withdrawals. 4. $55 Trillion The top 1% of Americans now hold approximately $55 trillion in wealth. That's roughly equal to what the bottom 90% owns combined. The wealth gap isn't widening. It's becoming a chasm. 5. 0.1% Real wage growth over the past year was just 0.1%. Prices went up. Paychecks barely did. Millions of Americans worked harder and quietly lost purchasing power. 6. 51% Only 51% of Americans now qualify as middle class. In 1971, that figure stood at 61%. During one of the greatest periods of economic growth in history, the middle class didn't expand. It shrank. 7. Age 40 The median age of a first-time homebuyer has reached an all-time high of 40 years old. In 1981, it was 29. An entire generation is entering homeownership more than a decade later than previous generations. And many may never catch up. THE PART THAT SHOULD MAKE YOU UNCOMFORTABLE Seventy-five percent of workers say they can't afford much beyond basic living expenses. Housing, healthcare, and daily necessities are consuming nearly everything. Meanwhile, Nearly 30% have moved to cheaper housing. 28% have taken on debt just to get by. One out of every three middle-class families struggles to afford basic necessities. This isn't happening to "other people." This is happening to the American middle class. Right now. THE HEADLINES DON'T TELL THE WHOLE STORY The stock market remains strong. Unemployment is low. GDP is growing. On the surface, everything appears healthy. But beneath those headline numbers, inflation continues to outpace wage growth. The system looks stable. The foundation underneath it is not. And by the time the headlines catch up, millions of families may have already fallen behind. SO WHAT DO YOU DO WITH THIS INFORMATION? You have two choices. You can hope the trend reverses. Or you can position accordingly. Because every challenge outlined above is creating one of the strongest structural demand environments for rental housing in modern history. Homeownership is becoming increasingly unattainable. More Americans are renting. And that shift is accelerating. This isn't a temporary cycle. It's a structural change. THE PEOPLE WHO UNDERSTAND THIS ARE NOT PANICKING. THEY ARE POSITIONING. Investors are moving capital into fixed-rate, collateral-backed real estate investments designed to generate monthly income regardless of: Stock market volatility Federal Reserve decisions Election outcomes At Next Legacy Group, that's exactly what we provide. ✔ 6%–12% Fixed Annual Returns ✔ Monthly Distributions ✔ 12-Month Terms ✔ Real Estate-Backed Security ✔ Principals You Can Call By Name Because while the middle class is being deleted one household at a time, wealth is still being created. The question is: Will you watch the shift happen? Or position yourself to benefit from it? Schedule Your Private Investor Conversation Learn how Next Legacy Group helps accredited investors pursue predictable income through real estate-backed opportunities. Join us for Friday Night Lights at 7 PM ET, where you'll hear insights on the economy, investing and how you can position your capital for the years ahead. https://us06web.zoom.us/meeting/register/Hw8i2jeXTkm2z2OOwELAcQ#/registration Disclosure: For informational purposes only. Investing involves risk, including possible loss of principal. Offered exclusively to accredited investors under Rule 506(c) of Regulation D.