Active Life, Passive Income

In this episode, Nate and Justin discuss:Creating and designing your extraordinary life. The power in industry-disrupting ideas.Stumbling forward when you think you can't.Dreaming big and dreaming long.  Key Takeaways:Chase big dreams, the kind of dreams that, without divine intervention, seem destined to fail.Momentum is the secret to business. Momentum is the secret to life. Don't you give up, don't you quit. There are years of success ahead. There is one word that will guarantee your success - UNTIL. "Your dreams and goals are important. Your overcoming the struggle to accomplish them is worth it. You making them happen is necessary." —  Justin Prince Connect with Justin Prince:Website: iamjustinprince.comYouTube: youtube.com/channel/UCqfaL8RQYADAWng87Kq7BJQInstagram: instagram.com/iamjustinprinceTwitter: twitter.com/justinkprinceFacebook: facebook.com/iamjustinprince Get your FREE copy of Justin's book Change Your World: 5 Steps for Unapologetic Success at iamjustinprince.com! Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

In this episode, Nate and Dan discuss:Taking the first step and just getting started. Finding the blessings in disguise. Getting into commercial real estate and working with those already in the industry.  Key Takeaways:If you have nothing to lose, get in somewhere where you can turn assets quickly.There will be struggles that you don't expect, but if you keep pushing forward you will make it. Create the partnerships while you are learning and the success will come. When you don't have money, the only way you can lead is by example. "Think bigger. Work harder. Just keep going." —  Dan Pierson Connect with Dan Pierson:Website: PiersonEquityGroup.comEmail: Dan@PiersonEquityGroup.comFacebook: facebook.com/dan.pierson.92 Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

In this episode, Nate and Axel discuss:How Axel got interested in and started in real estate investment. Choosing and working with a turnkey partner. Developing relationships for successful partnerships. Finding and securing properties regardless of the market.  Key Takeaways:If you work with the same people for both the renovation and the maintenance, it makes sense that they will put more work in to do the renovation properly from the beginning. You do not need a new relationship, with a new group of people, for every property. As soon as you get the energy, mindset, and inspiration to go down your own creation path, it all becomes a numbers game.Don't be afraid of big numbers. They aren't as unattainable as you think they are.  "The most important aspects are the performance of the property and how can I build a trusting relationship with the people who do the work on my behalf." —  Axel Meierhoefer Connect with Axel:Website: expediteyourbusiness.com & idealwealthgrower.comYouTube: youtube.com/channel/UCvZRy6092XyFWW9bhCbIt4QLinkedIn: linkedin.com/in/ameierhoeferDownload Axel's Mindset Manual at: idealwealthgrower.com Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

In this episode, Nate and Michelle discuss:Michelle's professional journey and how she earned the nickname The Closer.Building infrastructure to handle business growth. Building a sustainable, scalable business. Diversifying your businesses.  Key Takeaways:If you've got a really good salesperson who is great at closing, you may not want to move them up. They like making things happen, and it doesn't always happen at the upper levels. You don't always have to say “yes” or “no” there is a middle ground. You can't run a business if you're not operating on all 6 cylinders. Use your tragedy to grow and learn.  "Surround yourself with experts and mentors early on." —  Michelle Seiler Tucker Connect with Michelle Seiler Tucker:Website: SeilerTucker.comShow: Exit Rich Podcast - seilertucker.com/en/podcastLinkedIn: linkedin.com/in/michelleseilerTwitter: twitter.com/MichelleSeilerTFacebook: facebook.com/michele.seilertuckerInstagram: instagram.com/michelleseilertuckerBooks:Exit Rich - exitrichbook.comSell Your Business for More Than It's Worth - amazon.com/Sell-Your-Business-More-Worth/dp/0985964502  Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

In this episode, Nate discusses:What sources of money are available to do deals (without using other people's money).Making your retirement accounts work for you. Creativity with credit cards and cash sources.Borrowing money from yourself (such as life insurance or retirement accounts). Key Takeaways:Get creative with where you look to find the money you already have that you can invest in property.You can use credit cards and turn it into cash if you work it correctly.Be careful with personal lines of credit, but you can max out a business credit card and it won't impact your credit score.  "There's no sense in getting all the debt paid off on your house. Instead of doing that why not use that equity that you have in that house at a low interest rate, borrow that money, and use it to buy another property." —  Dr. Nate Lambert   Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.   

In this episode, Nate and Josh discuss:Josh's professional journey to where he is today.Understanding the value you can add and being able to plug yourself.Pursuing excellence in taking care of yourself. Setting artificial boundaries.  Key Takeaways:Don't be afraid to take a risk and put yourself and your company out there. You are the expert with what you do, let people know about it.Success is not found in you doing everything alone.Boundaries are fantastic - set some artificial boundaries in your life to keep yourself from hitting the dangerous natural boundaries. When you feel you have unlimited time, you feel you can waste time.  "When you pursue excellence in one area of your life, it tends to pull up the other areas of your life." —  Josh Steimle Connect with Josh Steimle:Website: JoshSteimle.comShow: publishedauthor.com/podcastYouTube: youtube.com/joshsteimleLinkedIn: linkedin.com/in/joshuasteimleTwitter: twitter.com/joshsteimleFacebook: facebook.com/joshsteimleInstagram: instagram.com/joshsteimle Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

In this episode, Nate discusses:Avoiding analysis paralysis. The energy and enthusiasm that comes along with taking action. The Ready, Fire, Aim Strategy to take action and avoid fear.  Key Takeaways:In real estate, there is a great need for intense action. Action is the antithesis of despair. Feel the fear and do it anyway. -Susan JeffersDo your due diligence after you have locked in the contract. You can cancel and get your earnest money back if you find something that you can't work with. "The first deal is always the hardest. Pushing through fear is less frightening than living with fear and its associated helplessness." —  Dr. Nate Lambert Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.   

In this episode, Nate and Rob discuss:Shifting your mindset and discovering success. Focusing on the things that you do have control over. Overcoming the fear of the unknown. Staying focused in a world of distractions.  Key Takeaways:The more successful you are, the more often you have Conquer Moments. Time is the most precious thing in our lives. Use it to make memories. Your goal is progression. Take it step-by-step and you will be able to accomplish your goals. Be proactive in your own life, not just reactive.  "You've got to make sure your vision is more clear than your mood swings." —  Rob Sperry Connect with Rob Sperry:Website: RobSperry.comShow: Network Marketing Breakthroughs with Rob Sperry - robsperry.buzzsprout.comFacebook: facebook.com/robsperrybreakthroughs/Book: The Game of Conquering - amazon.com/gp/product/B08GFYMVYT/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i2Apply to work with Run with Rob: www.runwithrob.robsperry.com Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. 

In this episode, Nate discusses:The 4 most common pitfalls among new real estate investors. Learning about all the costs involved in real estate investment. Issues and red flags you want a professional to help you identify when buying a property.Continuing your real estate education rather than learning from the school of hard knocks.  Key Takeaways:You don't know what you don't know. Be aware of extra costs that come along with buying and selling properties. Aim to make at least 10% profit on all of your properties. Title work is one of the most important things you can do when buying properties.  "You don't want to look at due diligence as a good idea, you want it to be a requirement." —  Dr. Nate Lambert   Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.   

In this episode, Nate discusses:Identifying your limiting beliefs (individually and with the help of others). Destroying your limiting beliefs around wealth. Knowing the source of your limiting beliefs. Making it a priority to create the plan and create the time.  Key Takeaways:Even if subconsciously, there are limiting beliefs that we put into place to handicap ourselves financially. List out what are some of the possible limiting beliefs you have in your life. The first thing that comes to mind may not be the full limiting belief. Dig deep and figure out what is really going on. You need to understand the pain in order to be able to increase the pleasure and get past your limiting belief. Having an accountability partner can help you to shred your limiting beliefs and hold yourself to the plan that you create to go forward and make it happen.  "What are the stories that you are telling yourself that are hindering yourself in finance?" —  Dr. Nate Lambert   Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.   

In this episode, Nate discusses:Getting ready for the potential deals that could come your way should things go sideways. Thriving in a down market.Doing rental and flip analysis on all properties you have to be ready to pivot regardless of where the market goes. 10 reasons why economic downturns are ideal and the perfect time to invest in real estate. Key Takeaways:In many ways, the market being down is the best thing that could happen to us. Supply and demand drives everything. If supply goes down and demand goes up, you get high prices.It's important to have reserves prepared in so you can weather the storm that may come. People are in need of creative solutions. If you prepare now, you will be prepared, during a downturn, to provide these creative solutions.  "Times of economic downturn are huge for investors, especially real estate investors. Big problems require big problem solvers." —  Dr. Nate Lambert Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

In this episode, Nate discusses:What it takes to really succeed (and it's not intelligence or hard work). Failing forward. How rejection can hamper us from moving forward. Keep on asking! Key Takeaways:It's a journey and we all have our own, individual mindset barriers to overcome. It's not the rejection itself, but rather the fear of rejection that stops us from doing what we need to do. As long as the property hasn't been sold, there's a chance they will sell to you if you just keep following up. You have nothing to lose. The worst they can do is say “no” and you're right back where you started.  "To have some success, you first have to put yourself out there." —  Dr. Nate Lambert  Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

In this episode, Nate discusses:Why debt gets a bad rap. Bad debt versus good debt. Knowing what you need to live your dream. Getting creative with buying your rental properties.  Key Takeaways:Your house is only 25% of your debt. Paying it off, will only reduce your expenses, not increase your life.Focus on buying rentals rather than paying off your debt.Entry-level houses are the most rentable and the best cash flow.  "I challenge you today, to go home, figure out exactly how much monthly income it's going to take for you to live the dreams that you have to have the lifestyle of traveling and enjoying yourself, exploring the world, whatever your goal may be." —  Dr. Nate Lambert Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

In this episode, Nate discusses:How to achieve the Millionaire Mindset. Investing in yourself every day. The power of persistence. Key Takeaways:You've got to protect your mindset on a daily basis. 80% of everything you do is mindset. Having a morning routine (such as the Miracle Morning's SAVERS) can be a game-changer for your life and your career. It's all about preparing yourself, in your mind, for great success! "The more I learned to build value, the more I learned to help it bless other people's lives, the more it comes back to me eventually." —  Dr. Nate Lambert Connect with Dr. Nate Lambert:Website: ActiveLifePassiveIncome.com     Book: Active Life, Passive IncomeShow: ActiveLifePassiveIncome.com/EpisodesEmail: Nate@ActiveLifePassiveIncome.comFacebook:  facebook.com/Active-Life-Passive-Income-102699594994762YouTube: youtube.com/channel/UC--vkBu2-54tS0cZ-IxCLNQLinkedIn: linkedin.com/in/natemlambertInstagram: instagram.com/natemlambert  Show notes by Podcastologist: Chelsea Taylor-Sturkie Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

It's not easy to be constrained to the 9-5 grind with little time freedom. Each Tuesday, join the expert, Dr. Nate Lambert as he provides guidance for creating passive income through real estate investing. Listen in on Thursdays as he unlocks the secrets of other successful entrepreneurs who have created massive streams of passive income. If you long for the time freedom to create a more active lifestyle, this is the podcast for you!