#101. Erich Feierabend—The Investor Who Found “Real Money” in Cost Segregation

In this episode of the Income Flip Podcast, Eric Feierabend shares how his family's deep roots in real estate, from an appraiser grandfather to a residential realtor mother, shaped a career spanning private banking, national property tax consulting, and commercial real estate development.

Eric breaks down how he went from advising Fortune 125 companies on property tax to launching his own real estate acquisition partnership, closing his first deal within ten days and later developing a Starbucks from a vacant lot. He explains how becoming a client of CSSI led him to join the company full time, and walks through exactly how cost segregation studies work, how investors can reclassify property components into faster depreciation schedules to unlock major tax savings, and how that saved money can be redeployed to buy the next asset and keep compounding. He also covers which asset classes benefit most, how look-back studies work on properties bought years ago, and why timing matters with 100% bonus depreciation currently in place.

Erich Feierabend is a commercial real estate investor, consultant, and cost segregation advisor with deep roots in the real estate industry. He grew up around real estate through a family of appraisers and agents, later building experience in private banking, property tax consulting, and commercial real estate advisory. Today, Erich helps investors and property owners understand how cost segregation can create real tax savings, improve cash flow, and accelerate wealth-building through smarter real estate strategy.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Stitcher, Castbox, Google Podcasts, or on your favorite podcast platform.

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#101. Erich Feierabend—The Investor Who Found “Real Money” in Cost Segregation

In this episode of the Income Flip Podcast, Eric Feierabend shares how his family's deep roots in real estate, from an appraiser grandfather to a residential realtor mother, shaped a career spanning private banking, national property tax consulting, and commercial real estate development.

Eric breaks down how he went from advising Fortune 125 companies on property tax to launching his own real estate acquisition partnership, closing his first deal within ten days and later developing a Starbucks from a vacant lot. He explains how becoming a client of CSSI led him to join the company full time, and walks through exactly how cost segregation studies work, how investors can reclassify property components into faster depreciation schedules to unlock major tax savings, and how that saved money can be redeployed to buy the next asset and keep compounding. He also covers which asset classes benefit most, how look-back studies work on properties bought years ago, and why timing matters with 100% bonus depreciation currently in place.

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#100. Nhan Lam—The Aerospace Engineer Who Learned to Weather Every Real Estate Storm

In this episode of The Income Flip Podcast, Rob Chevez sits down with Nhan Lam, a former aerospace engineer who worked with NASA, DHS, and the DOD before leaving a high-paying government career to become a full-time real estate entrepreneur.

Nhan shares how he built his first deals through networking, replaced his W-2 income with real estate, and created systems to scale beyond active income. The conversation covers family, risk, reserves, deal flow, entrepreneurship, and the discipline required to weather the inevitable storms of business.

Rob and Nhan also discuss the realities of entrepreneurship: cutting the cord from a stable job, building reserves, managing risk, and learning to weather storms when things go wrong. Nhan’s story is a reminder that real estate freedom is not built through luck or theory — it is built through action, systems, liquidity, relationships, and the willingness to keep growing into the next level.