Andy Hagans

Proud to have edited @jimmyatkinson’s new book, The Opportunity Zones Playbook. Congrats to Jimmy, Ella, @SenatorTimScott & all others involved!

@jimmyatkinson 📚 High Risk Merchant Accounts 101 by Adam Carlson and Andy Hagans amazon.com/High-Risk-Merc…

What happens if your payment processor freezes your account, and holds your money for a year? For a lot of online business owners, that's not hypothetical. @JimmyAtkinson and I sat down to talk about it (plus my new book).

High Risk Merchant Accounts 101 — my new book, co-authored with Adam Carlson of SoarPay — is now available on Amazon. Written for merchants & payments professionals navigating e-commerce and regulated industries. ISBN: 979-8995301202. Available on Amazon: amazon.com/High-Risk-Merc…

Met w/LP that flew in today. Selling his single family properties, and his number one priority is tax deductions to offset gains. He’s rushing to place capital by year end. Trying to allocate $2M+. Folks, you never rush investments for tax reasons. Ever. That’s how you lose.

We just added another Holland property to the Mastiff Equity Partners portfolio — 340 E Lakewood Blvd, an 8,800-sq-ft strip center with great visibility and strong tenants. We're excited to keep investing in West Michigan!

Everyone wants to play 4D chess, but they should find a business with massive tailwinds and play 1D checkers.

We are proud to announce our acquisition of 208 S River Ave, a historic commercial building located in the heart of downtown Holland.

OZ 2.0 is here... are you ready?! @OpportunityDb @jimmyatkinson

@bethanyjbabcock Well said!

Who are the people that you are convinced must be angels on earth? I’m next to a mom at the airport who has a son around my son’s age who is clearly mentally disabled and having a full meltdown. He is physically too large for her petite self to constrain and she is calm and cool in spite of the gawking and nervousness of the crowd around her. Parents, teachers, therapists and countless others who love the most fragile among us with nothing in return, often without break or pause…. I have no words to express the admiration I have for all of you.

Pope Leo is from Chicago! How is he connected to Michigan?

@realEstateTrent Your analysis ignores behavioral finance.

A few weeks ago I met a 25-year-old general contractor I was very impressed by. He works like crazy, grew up in the family business, and is helping take things to the next level. I could tell he was doing well, and he proudly told me he recently paid off his house, which he clearly thought was a brilliant financial move. I asked him what his rate was. He said 3.25%. I tried to be encouraging, but I asked why he chose that path. He said he was motivated by a famous financial guru he follows. (I won’t mention the name here.) Here’s the problem: at 3.25%, his mortgage was essentially free money. Paying it off “earned” him 3.25%, but it also meant he gave up the chance to earn 7–9% in the market for decades (based on average historic returns in the S&P 500). Let’s say he borrowed $500K. His monthly payment would be about $2,200 - totally manageable given his age, earnings, and locked rate through his early 50s. If instead he had invested that $500K in the S&P 500: After 10 years, history suggests it would likely be worth $1.0M–$1.2M. By paying off the house, that same money will just sit as equity, likely worth only about $685K. That’s a $300K–$500K difference by his mid-30s. And the gap keeps compounding: over 30 years, the missed opportunity is millions of dollars. Yes, everyone’s situation is different, and financial decisions aren’t only about math. But for this young man (who I’m actually hiring to install our pool), listening to that “free” financial guru just cost him a fortune.

@realEstateTrent Are we considering behavioral finance? Real-world behavior often changes this equation significantly.

Do you think it makes financial sense to pay off a 3% fixed mortgage?

@Bethazor1 That’s the one- best ever title for a show!

@AndyHagans "I Own A Shopping Center, Now What?"

I’m under contract to purchase a new strip center, and I finally have the opportunity to craft my own lease form (I’ve always inherited leases in the past). #ProTip: I’m re-listening to all the @Bethazor1 podcasts- so many great ideas in them!

⏰ We are days (or hours) away from Opportunity Zones 2.0 becoming law — and becoming PERMANENT. It’s hard to overstate what a game-changer Opportunity Zones 2.0 will be. With the program being permanent, a huge wave of new investors, financial advisors, and real estate professionals will enter the OZ arena, injecting new energy and capital into the program for DECADES to come. A big shout-out to my business partner @jimmyatkinson for seeing the promise of the program so early (first mover advantage!) — and for helping us acquire the domain name OpportunityZones .com when the program’s prospects were “wrote off for dead.” We have grown into the recognized industry LEADER and I couldn’t be prouder of the website, podcast, and newsletter (now nearly 24,000 strong). I can’t wait to clock into work next week! 🕰️ 👊👊😎 @OpportunityDb

🚨Senate passed Reconciliation Bill🚨 The makes Opportunity Zones and 100% Bonus Depreciation a PERMANENT part of the tax code Headed to the House for final passage Big news for Real Estate investors

I commend the Senate for ensuring the permanency of Opportunity Zones. But... (and it's a big but)... OZ investment may dry up over the next 18 months. Barrett nails it here. It's an easy fix that will ensure program continuity into next year. @SenateFinance please fix!

The latest Senate draft reflects both important progress and some urgent unfinished business on Opportunity Zones. A quick thread on where things stand now and what I hope happens next. 1/