The Real Way to Make Money in Real Estate—Emil Khordorkovsky

On this episode of The Truth Hurts Show, Brian Goldstein and Makan sit down with Emil Khordorkovsky—a real estate investor and lender behind over $700 million in deals. They dive into the real reasons most deals fall apart, the problems with switching asset classes, and why out-of-state investing often doesn’t pencil the way people think it will.Emil shares hard-earned lessons from two decades in the game, including what makes a deal actually work, why so many online real estate gurus are full of it, and how tax strategies like depreciation really play out in practice. No hype—just real talk from someone who's seen the good, the bad, and the expensive mistakes.Emil's Links:Website: https://www.forbix.com/investmentFollow US!YouTube: @TruthHurtsShow Brian's LinksInstagram: https://www.instagram.com/briangoldphdTikTok: https://www.tiktok.com/@briangoldphdMakan's Links Instagram: https://www.instagram.com/makan_mostafaviTikTok: https://www.tiktok.com/@makanmostafaviTimestamps: 0:00 Welcome Emil!02:47 Emil's Journey into Real Estate04:17 Challenges and Successes in Real Estate08:36 Advice for Aspiring Real Estate Investors09:41 Comparing Real Estate to Combat11:55 The Reality of Real Estate Investments15:05 Navigating Real Estate Financing25:58 Out-of-State Real Estate Investments32:00 Unexpected Construction Costs32:24 Dealing with Plan Discrepancies33:06 Real Estate Investment Realities33:49 Navigating Market Uncertainty34:34 Advising Clients in a Volatile Market36:11 Understanding Depreciation46:16 The Importance of a Strong Network50:33 Hobbies and Personal Stories54:55 Real Estate Lending Insights58:51 Work With EmilHosted by Ausha. See ausha.co/privacy-policy for more information.