Average Joe Finances

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On this podcast, we discuss how to beat debt, real estate, investing, side hustles, and more... Our mission is to help people realize their growth potential no matter their income level. We want you to become financially independent and build your wealth. Leave us a review if you can on the podcast platform that you are listening with. You can support this podcast here: ☕️ https://www.buymeacoffee.com/avgjoefinances Support this podcast: https://anchor.fm/averagejoefinances/support

Mike Cavaggioni

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    • Nov 26, 2023 LATEST EPISODE
    • weekly NEW EPISODES
    • 42m AVG DURATION
    • 234 EPISODES


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    Latest episodes from Average Joe Finances

    233. Financial Freedom through Infinite Banking with Dr. Robert Scranton

    Play Episode Listen Later Nov 26, 2023 45:31


    Recent financial management strategies aim to assist individuals and families in building wealth and attaining financial independence. One approach involves utilizing a whole life insurance policy for banking, offering tax advantages. The goal is to empower individuals to manage their finances effectively, ensuring economic certainty.Join us on Average Joe Finances as our guest Dr. Robert Scranton shares how using life insurance policies as a banking system can offer guaranteed returns, tax-free growth, and overall financial freedom. In this episode:Overcome the initial daunting perception and discover the fascination behind this unique financial strategy.Grasp the concept of "banking on oneself" through robust whole-life insurance policies with promising returns.Understand the strategy of "spending down every dollar earned" and the guaranteed returns on premiums.Discover the impressive tax benefits associated with Infinite Banking, often overlooked by beginners.And so much more!Key Moments:00:02:06 - Dr. Robert Scranton's Personal Journey and Career Shift00:04:54 - Challenges of Traditional Financial Planning00:07:57 - Exploring the Infinite Banking Concept00:08:50 - Real-Life Examples of Infinite Banking00:14:17 - Benefits of Infinite Banking and Double Dipping00:19:05 - Tax Benefits of Infinite Banking00:20:59 - Using Infinite Banking for Retirement Planning00:21:39 - Revised Retirement Plans and Living Longer00:22:13 - The Power of Real Estate Investments00:22:45 - Borrowing from Retirement Savings for Real Estate00:23:33 - The Benefits of Infinite Banking00:23:59 - Getting Started with a Policy00:24:25 - Understanding Policy Limitations00:28:06 - The Risks of Outstanding Loans00:30:16 - The Power of Spending Down Every Dollar00:32:04 - Selling Your Policy on the Secondary MarketFind Dr. Robert Scranton on:Website: https://www.yourfinancialiq.orgLinkedIn: https://www.linkedin.com/in/drscranton/Tiktok: tiktok.com/@robertscranton4Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    232. Mike's Thoughts - Unveiling Six Must-Have AppSumo Tools!

    Play Episode Listen Later Nov 22, 2023 14:05 Transcription Available


    Welcome to a special episode of Mike's Thoughts!

    231. Unlocking the Secrets of Successful Trading with Anmol Singh

    Play Episode Listen Later Nov 19, 2023 42:54


    Do you want to gain a comprehensive understanding of trading and make well-informed investment decisions? Wondering how you can achieve this desired outcome? It's time to break free from the cycle of ineffective actions that only lead to more pain and uncertainty. Let's embark on a journey of knowledge and guidance, where you can gain valuable insights into trading and investing to make informed decisions and achieve the financial success you desire.Join us on Average Joe Finances as our guest Anmol Singh shares the secrets of trading success and how to make wise investment choices.In this episode:Gain valuable insights into trading and investing strategies to make informed investment decisions.Learn how to maintain emotional control in trading to avoid making impulsive and costly mistakes.Understand the importance of mindset in finance and how it can contribute to your financial success.Explore the potential risks and rewards of cryptocurrency investment and make educated decisions in this market.And so much more!Key Moments:00:01:04 - Anmol Singh's Background00:02:03 - Start of Investing00:05:22 - Thoughts on Trading00:11:10 - The Importance of Education and Understanding the Market00:12:35 - Finding Your Trading Style and Mentor00:14:09 - Technical Analysis for Trading00:15:45 - Trading as a Psychological Journey00:18:58 - Understanding Emotions in Trading00:22:10 - Managing Emotions in Trading00:23:47 - Definition of Success00:26:41 - Well-Rounded Success00:27:01 - Trading Crypto00:29:39 - Bitcoin's Future00:33:47 - Getting Started in Investing00:35:15 - Making Money Work for You00:36:39 - The Power of Mindset Find Anmol Singh on:Website: https://livetraders.com/IG: https://www.instagram.com/deltaninety/Twitter: https://twitter.com/DeltaNinetyBook: http://preppingforsuccess.com/bookAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    230. Unlocking Profitable Opportunities in Commercial Real Estate with Paul Moore

    Play Episode Listen Later Nov 12, 2023 46:31


    You may already be taking actions such as investing in properties that align with your values, incorporating sustainable practices, or supporting local communities, but the impact you desire may still be eluding you. Instead, you may find yourself facing challenges such as difficulty finding suitable properties, encountering resistance from traditional real estate practices, or struggling to measure and communicate the social and environmental impact of your investments.Join us on Average Joe Finances as our guest Paul Moore shares the secrets to success in commercial real estate.In this episode:Discover the most effective real estate investing strategies to maximize your profits.Uncover the hidden benefits of investing in self-storage and how it can be a game changer for your portfolio.Learn about value-add opportunities in the self-storage industryExplore the untapped markets in real estate investing and find out how to tap into their potential for lucrative opportunities.And so much more!Key Moments:00:00:46 - Paul's Background and Transition to Real Estate00:03:13 - Value Investing in Real Estate00:06:30 - Success Stories in the Current Market00:08:25 - Shift in Capital Stack Strategy00:14:06 - Importance of Due Diligence and Partner Selection00:15:02 - Self Storage as an Attractive Investment00:17:51 - Value Creation in Self-Storage00:19:32 - Blue Ocean Strategy for Self-Storage Investments00:23:46 - Lack of Online Presence in Mom and Pop Self Storage Facilities00:27:19 - The Appalling Situation at the Wall00:28:03 - Making an Impact on the World00:29:22 - Fighting Human Trafficking Find Paul Moore on:Website: www.wellingscapital.comTwitter: twitter.com/PaulMooreInvestAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    229. How to Retire Early and Live Your Best Life with Walli Miller

    Play Episode Listen Later Nov 5, 2023 49:39 Transcription Available


    If you're frustrated and overwhelmed by working long hours and saving diligently but watching your early retirement dreams slip away, you're not alone. Many seeking financial independence get stuck in unfulfilling jobs or uncertain financial situations. You may be overspending, making poor investments, or not earning enough to save effectively. However, there's hope. By identifying and addressing your obstacles, you can achieve the freedom and fulfillment you desire.Join us on Average Joe Finances as our guest Walli Miller shares the art of starting small but dreaming big - learn how to save and invest wisely to create a work-optional lifestyle.In this episode:Gain financial freedom by finding the perfect balance between debt repayment and investing.Align your actions with your long-term goals to create a roadmap to success and early retirement.Discover the art of finding balance in all areas of your life and live a fulfilling retirement.Unlock financial independence through the power of financial education and the right mindset.And so much more!Key Moments:00:00:49 - Walli's Background00:06:57 - Lack of Money Conversations00:08:55 - Cultivating Hustle Culture00:13:59 - Creating an Accessible Podcast00:15:23 - The Importance of Continuous Learning00:17:04 - Recognizing the Relationship with Money00:18:40 - Overcoming Money-Related Blocks00:21:57 - The Intersection of Numbers and Emotions00:27:15 - The Importance of Sinking Funds00:28:18 - Celebrating Small Victories00:29:26 - Spending Money on What You Value00:31:41 - Investing While in Debt00:34:23 - Finding a Balance00:40:41 - Aligning Actions with Vision00:41:51 - Balancing Work and Personal Life00:42:26 - Learning from Financial MistakesFind Walli Miller on:Website: https://financiallythriving.com/Instagram: https://www.instagram.com/financially_thrivingAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    228. Leveraging Digital Assets for Passive Income with Matt Raad

    Play Episode Listen Later Oct 29, 2023 50:15


    You've been told to invest your time and money in traditional avenues like stocks and real estate, hoping for passive income that never seems to materialize. The pain of constantly working hard but not seeing the results you desire is all too real. But what if there's a more effective action you can take? Imagine discovering the untapped potential of website investing, where you can leverage digital assets to build long-term wealth and finally generate the passive income you've been longing for.Join us on Average Joe Finances as our guest Matt Raad unveils the thrilling journey of building passive income through digital assets, defying traditional job norms, and discovering the secrets to financial freedom.In this episode:Discover the untapped potential of website investing to build long-term wealth and generate passive income.Start small and learn the art of due diligence to minimize risks and maximize returns in the world of website investing.Gain a long-term vision for building generational wealth through carefully selected digital assets.Unlock the path to financial freedom by leveraging the opportunities presented by website investing.And so much more!Key Moments:00:01:30 - Matt Rod's Background00:04:19 - Building Websites for Passive Income00:05:43 - Discovering the Power of Internet Businesses00:09:37 - Transitioning to Buying Websites00:13:49 - The Efficiency of Scraping Websites00:14:39 - Starting a Website Business00:15:59 - Proof of Concept00:19:08 - Transitioning from a W2 Job00:21:38 - Evolution of Website Buying and Selling00:26:31 - The Power of Affiliate Marketing00:27:26 - Unexpected Affiliate Commissions00:28:02 - No Inventory or Warehouse Hassles00:29:42 - Niche Passion for Success00:31:26 - Surprising Valuation of Passion Sites00:39:22 - Starting Small and Learning Due Diligence00:40:08 - The Power of Compounding Interest00:41:33 - Building Generational Wealth00:42:11 - Tips for Getting Started in Buying and Selling Websites Find Matt Raad on:Website: https://www.mattandlizraad.com/LinkedIn: https://www.linkedin.com/in/matt-raad/?originalSubdomain=auFacebook: https://www.facebook.com/MattandLizRaad/Instagram: https://www.instagram.com/mattraad/Twitter: https://twitter.com/TheMattRaadAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesThe Financial PhilosophersWe're Chris and Danny, come Nerd Out about finance with us!Listen on: Apple Podcasts SpotifySupport the show

    227. GG The Franchise Guide with Guiseppe Grammatico

    Play Episode Listen Later Oct 22, 2023 45:04 Transcription Available


    Are you tired of the same old 9-to-5 routine? Dreaming of being your own boss and building a successful business? Get ready for a story that will completely change your perspective. Discover the incredible opportunities that await you in the world of franchise business ownership.Join us on Average Joe Finances as our guest Giuseppe Grammatico shares the key to unlocking your entrepreneurial success and attaining the ultimate goal: financial freedom.In this episode:Understand the advantages of franchising as a business model and how it can help you achieve your entrepreneurial goals.Discover alternative funding options that can make starting a franchise more accessible and affordable than traditional options.Explore the benefits of semi-passive and fully passive ownership in a franchise business, giving you more control over your time and lifestyle.Learn about the importance of following the franchise process and how it can lead to greater success and profitability in your business.And so much more!Key Moments:00:05:07 - The Role of a Franchise Coach00:08:53 - Finding the Right Franchise00:09:32 - Additional Considerations00:14:08 - Funding Options for Franchises00:16:22 - Creating a Financial Plan00:17:06 - Boosting Retirement Funds through Franchising00:18:16 - Timeline for Opening a Franchise00:20:42 - Semi-Passive and Fully Passive Franchise Ownership00:28:07 - The Importance of Following the Franchise Process00:29:22 - Franchise Feedback and Menu Changes00:35:46 - Get Clear on Your Goals and Find the Right Mentor00:37:46 - The Importance of Working with a Coach Find Giuseppe Grammatico on:Website: https://ggthefranchiseguide.com/LinkedIn: https://www.linkedin.com/company/gg-the-franchise-guidYoutube: https://www.youtube.com/channel/UCxWsxLRngbxJEH2m8w-ptYwFacebook: https://www.facebook.com/GGTheFranchiseGuide/Instagram: https://www.instagram.com/gg_the_franchise_guide/Twitter: https://twitter.com/ggrammatico Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    226. Money and Investing Myths Busted with Stephanie Walter

    Play Episode Listen Later Oct 15, 2023 42:33


    Do you want to unlock the secret to financial independence and make smart investment choices? Are you tired of being misled by common money myths that hinder your wealth-building journey? Get ready to gain invaluable knowledge and tools to break free from misconceptions and make informed decisions that pave the way for long-term wealth creation.Join us on Average Joe Finances as our guest Stephanie Walker, shatters money myths and how to control your financial future, leveraging strategic investments to achieve wealth and debunking the accumulation mindset prevalent among regular individuals.In this episode:Discover retirement planning strategies to secure a comfortable future and live the life you've always dreamed of.Uncover the hidden costs of investment fees and learn how to minimize them to maximize your returns.Explore the world of real estate syndications and learn how it can help you diversify your investment portfolio and grow your wealth.Unlock the benefits of life insurance as a powerful tool for building wealth and protecting your loved ones.And so much more!Key Moments:00:01:08 - Seeking Financial Independence00:02:19 - Transition to Real Estate Investing00:03:40 - Discovering Syndication00:04:15 - Financial Transformation00:15:06 - Investing in 401(k)s and Tax-Free Income Strategies00:17:54 - Investing in Real Estate for Retirement00:20:13 - True Diversification and Asset Allocation00:24:16 - Indexed Universal Life Insurance for Wealthy Individuals00:30:09 - The Importance of Life Insurance00:30:37 - The Benefits of a Healthy Lifestyle00:31:20 - Life Insurance and RetirementFind Stephanie Walter on:Websites: www.erbewealth.comLinkedIn: https://www.linkedin.com/in/stephanie-walter-057594196/Facebook: https://www.facebook.com/erbewealth Check out Average Joe Finances: https://erbewealth.com/averagejoe/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    225. Starting Strong in Real Estate with Steven and Amber Liddle

    Play Episode Listen Later Oct 8, 2023 61:07


    Do you want to become a confident and knowledgeable real estate investor, ready to embark on your journey in the industry? How do I start strong and learn from experienced investors? Look no further! We have the solution that will help you achieve your goal. Get ready to unlock the real estate market's potential and set yourself up for success!Join us on Average Joe Finances as our guests Steven and Amber Liddle, share their expertise and insights, enabling you to gain the confidence and knowledge necessary to kickstart your real estate journey. In this episode:Learn proven strategies and valuable lessons from experienced real estate investors,Gain insights into the transition from military to civilian life and discover how to successfully build a thriving real estate business after serving in the military.Explore how to make a difference in the veteran community through their nonprofit organizationUnderstand the significance of networking and building a team in the real estate industryAnd so much more!Key Moments:00:01:53 - Military Background and Retirement Plans00:04:36 - Transitioning from Military to Civilian Life00:06:01 - The Podcast and Relay Race to Support Veterans00:08:53 - Impacting the Veteran Community in San Antonio00:13:34 - Moving to Texas and Finding Support00:14:09 - Research and Finding a Realtor00:15:14 - Lessons Learned and Financing the First Deal00:18:20 - Furnishing and Renting out the First Property00:20:47 - Second Deal and Seller Financing00:26:30 - The Benefits of the Property's Location00:27:25 - Concerns about Laws and Regulations00:28:38 - The 12% Rule in San Antonio00:30:15 - Learning and Evolving in Real Estate Investing00:33:57 - Rental Arbitrage and Property Management00:40:22 - Networking and Adding Value00:41:43 - Preparation and OpportunityFind The Liddle's on:Websites:https://www.patriotescapes.com/https://www.americanspiritalliance.org/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    224. Note Investing to Financial Freedom with Fred Moskowitz

    Play Episode Listen Later Oct 1, 2023 48:46 Transcription Available


    Are you frustrated with the traditional real estate investment route, spending countless hours dealing with property management and tenant issues but not achieving the desired results? It's time to break free from this ineffective approach and explore note investing as a new path to financial freedom.Join us on Average Joe Finances as our guest Fred Moskowitz reveals the ultimate solution to attaining the desired outcome of financial freedom through note investing. Get ready to learn the strategies and gain the knowledge needed to pave your way toward a life of financial security and independence.In this episode:Discover how to transition from a successful career to mortgage note investing and unlock the path to financial freedom.Learn about the benefits of note investing as a lender, including cash flow predictability and scalability, and how it can help you achieve your financial goals.Explore both active and passive ways to get involved in note investing and find the strategy that suits your lifestyle and investment objectives.Understand the key differences between mortgage note and stock market returns, and discover how note investing can potentially offer higher returns and greater control over your investments.And so much more!Key Moments:00:00:46 - Fred Moskowitz's Background00:03:15 - Introduction to Mortgage Note Investing00:05:53 - Why Fred Chose Mortgage Note Investing00:09:23 - Active vs. Passive Note Investing00:18:01 - Utilizing Retirement Funds for Note Investing00:21:07 - Trends in Mortgage Notes00:25:42 - Buying Notes at a Discount00:26:19 - Starting with a Fund or Individual Notes00:27:48 - Importance of Using a CRMFind Fred Moskowitz on:Website: www.fredmoskowitz.comFacebook: www.facebook.com/thefredmoskowitzInstagram: www.instagram.com/thefredmoskowitzAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    223. Find and Start the Right Franchise with Bob Bernotas

    Play Episode Listen Later Sep 24, 2023 42:27


    Finding the right franchise can be daunting and frustrating, with many aspiring entrepreneurs facing obstacles. It's disheartening when results don't meet expectations despite investing time and effort. However, with the proper guidance and knowledge, you can overcome these challenges and discover the ideal franchise for your entrepreneurial journey.Join us on Average Joe Finances as our guest Bob Bernotas uncovers the secrets to finding the right franchise fit, rolling over retirement funds into a business, and achieving faster wealth accumulation. In this episode:Navigate the rich terrain of profitable franchise investments.Decipher the benefits and potential of engaging with semi-passive franchise models.Decode the contrasts and strengths between service-oriented franchises and brick-and-mortar retail concepts.Learn the smart strategy of converting retirement funds into a franchise for tax gains.And so much more!Key Moments:00:00:30 - Bob Bernatos' Background00:02:49 - Franchise Investing00:05:26 - Semi-Passive vs. Full-Time Franchise Ownership00:09:32 - Equity Building and ROI00:14:05 - The Importance of Knowing What's Behind a Franchise00:15:14 - The Concept of Temporary Walls00:16:50 - Franchise vs. Starting Your Own Business00:21:49 - Support System and Information Sharing in Franchises00:24:46 - Balancing Passion and Financial Success in Franchising00:28:40 - Rolling Over 401K and IRA to Fund a Business00:31:35 - Shifting from Real Estate to Franchising00:32:08 - Matching Individuals with the Right Franchise00:34:25 - Timeline and Compensation00:37:29 - Lessons Learned and Tips for SuccessFind Bob Bernotas on:Website: https://franchisewithbob.com/LinkedIn: https://www.linkedin.com/in/robert-bernotas/ Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    222. Reach Financial Freedom Faster with Sam Primm

    Play Episode Listen Later Sep 17, 2023 53:18


    If you're unhappy because your real estate investments aren't working out as you'd hoped, don't worry – you're not alone! Maybe you've been looking for good deals but can't find any. Or perhaps you've been fixing up properties but have unexpected problems and costs. Even though you've been trying hard, you still haven't been able to make more money or create a successful real estate portfolio.Join us on Average Joe Finances as our guest Sam Primm shares his secrets to applying the BRRRR method to residential and commercial properties. Discover how Sam's strategies can help you maximize your returns and build your real estate empire.In this episode:Learn the art of real estate investment without a personal financial stake.Unravel the process of applying the BRRRR method to diverse property formats.Understand the mechanics of fostering relationships with lenders and securing finance.Find out how to scale your real estate portfolio and establish a proficient team.And so much more!Key Moments:00:01:34 - Sam Primm's Background00:05:01 - Scaling with Different Property Types00:08:18 - Building Relationships and Track Record00:09:42 - Sam Primm's Organization00:11:07 - Introduction to Sam Primm's businesses00:11:55 - The Power of Social Media00:13:27 - Sam's Favorite Business00:16:27 - Building a Successful Team00:20:38 - Quitting a 9-to-5 Job for Real Estate00:22:19 - Taking a Risk for a Greater Potential00:23:33 - Using CRMs and Technology for Organization00:25:13 - Local Market Focus00:26:23 - St. Louis Real Estate Market00:30:53 - The Personal Why Behind Real Estate00:33:44 - Making a Positive Impact00:34:38 - Sam's Superpower: Perspective,Find Sam Primm on:Website: www.FasterFreedom.comTikTok: https://tiktok.com/@SamFasterFreedomTwitter- https://twitter.com/FasterFreedom Instagram: https://instagram.com/SamFasterFreedomYoutube: https:/youtube.com/SamFasterFreedomAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    221. Ask the Plan Man with Bruce Weinstein

    Play Episode Listen Later Sep 10, 2023 59:52


    If you feel stressed and unsure about your money situation, even though you're trying to save and invest, know that you're not the only one. Lots of people face money problems, even when they're trying their best. They save money, but sometimes unexpected costs or bad investment choices make it hard to build a stable financial future. It's time to escape this pattern and make a solid plan to secure your future.Join us on Average Joe Finances as our guest Bruce Weinstein reveals the truth and shares valuable insights on how to develop a proactive financial plan for a secure future.In this episode:Learn to appreciate the importance of a robust financial plan for your future.Comprehend the significant role of life insurance in long-term financial protection.Uncover the added benefits of kickstarting your financial planning at a young stage in life.Break free from apathy and self-focused behaviors that obstruct proactive fiscal choices.And so much more!Key Moments:00:00:56 - Bruce's Background in Financial Planning00:05:03 - Insurance Needs at Different Stages of Life00:07:31 - Insurability and Health00:09:54 - Life Insurance and Age00:12:15 - The Importance of Financial Planning00:13:17 - Planning for Retirement00:14:27 - Longevity and Health00:15:43 - Being a Plan Man00:20:19 - Apathy and Selfishness00:24:19 - The Importance of Life Insurance00:25:59 - Understanding Term Insurance00:27:15 - Life Insurance for Older Individuals00:28:23 - The Importance of Financial Planning00:30:21 - Being Proactive and Seeking Advice00:36:27 - Relief from Financial Burden00:37:18 - Emotional Investing00:39:07 - The Importance of a Financial Advisor00:42:05 - Knowing When to Exit Investments00:43:51 - Diversification in Real Estate and Stocks00:49:06 - Starting Your Financial JourneyFind Bruce Weistein on:Websites:www.weinsteinwealth.comwww.asktheplanman.comwww.planman.tvFacebook: https://www.facebook.com/bruce.m.weinsteinLinkedIn: https://www.linkedin.com/in/brucemweinstein/ Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    220. Meet the Blind, Deaf, and Unstoppable Entrepreneur with Aaron Hale

    Play Episode Listen Later Sep 3, 2023 45:12


    Many individuals are frustrated and defeated, when their actions seem to fall short of their goals. Instead of seeing progress, they may experience setbacks, obstacles, or even outright failure. But remember, this is a standard part of the journey towards pursuing your passions and overcoming limitations. Keep pushing forward and don't let temporary setbacks define your future success.Join us on Average Joe Finances as our guest Aaron Hale shares his inspiring journey from military service to overcoming life-altering injuries that molded him into the resilient individual he is today. In this episode:Learn the secret to converting passions into reality despite prevalent hurdles.Find out how to architect a personal brand that strikes the right target audience.Unveil the potential of shared personal experiences in forging genuine connections.Understand the lessons smartly learned from business and life, preventing the usual pitfalls.And so much more!Key Moments:00:01:04 - Aaron's Background and Military Career00:05:17 - Discovering a New Passion00:06:56 - Life-Altering Event00:09:49 - Overcoming Challenges and Entrepreneurship00:18:46 - Overcoming Physical Challenges00:21:03 - Asking the Right Questions00:22:13 - Finding Strength in Small Steps00:25:10 - Transition to Real Estate00:31:53 - Marketing and Real Estate00:38:43 - Building a Personal Brand00:42:12 - Niche MarketingFind Aaron Hale on:Websites: https://eodfudge.com/LinkedIn: https://www.linkedin.com/in/aaron-hale-1861477/Podcast: https://pointofimpactpod.com/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    219. The Importance of Financial Literacy When Life Throws a Curveball with Mike Tarnow

    Play Episode Listen Later Aug 27, 2023 45:53


    Does this sound familiar? You've been told to simply think positively to overcome adversity and maintain a positive mindset. But despite your efforts, you still struggle to stay optimistic and navigate life's challenges. The pain of constantly trying to force a positive mindset, only to be disappointed, is draining and disheartening. It's time to discover a more practical approach that will truly help you overcome adversity and find lasting happiness.Join us on Average Joe Finances as our guest, Mike Tarnow reveals the key to overcoming challenges, achieving lasting happiness, discovering the path to triumph over adversity, and embracing a life filled with fulfillment and contentment.In this episode:Delve into transformative strategies that could lead you to an earlier-than-expected retirement.Master the art of allocating your income wisely for an effortless financial journey.Immerse yourself in insights to manage finances as a robust team successfully.Gain a fresh perspective on maintaining a positive outlook when overcoming adversities.And so much more!Key Moments:00:00:40 - Mike Tarno's Background00:02:57 - Early Retirement Plan00:06:36 - 401(k) and Investments00:09:53 - Budgeting and Saving Strategies00:12:29 - Budgeting and Earmarking00:14:03 - Envelope Method with Bank Accounts00:15:35 - Accomplishing Financial Goals00:18:53 - Importance of Being Prepared for Expenses00:19:24 - Partnering in Finances00:24:55 - Mike Tarnow's Side Hustle00:25:57 - Overcoming Hardships00:29:27 - Cancelled Surgery00:31:59 - The Power of Positivity00:36:57 - The Importance of SupportFind Mike Tarnow on:Websites: https://www.miketarnow.com/Podcast: https://www.stayoffmylawn.us/LinkedIn: https://www.linkedin.com/in/mike-tarnow/Facebook: https://www.facebook.com/miketarnow/Instagram: https://www.instagram.com/miketarnow_vo/?hl=enAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

    218. Successful Market Strategies for a Full Time Trader with Tony Pawlak

    Play Episode Listen Later Aug 20, 2023 53:55


    Do you want to enhance your trading strategies and achieve greater success in the market? Are you searching for the key to unlocking your full potential as a full-time trader? Look no further! Get ready to revolutionize your approach and see your trading career soar to new heights!Join us on Average Joe Finances as our guest, Tony Pawlak reveals the ultimate solution to help you attain your desired outcome: amplified trading strategies and heightened market triumph. In this episode:Uncover the power of the right mindset to unlock trading and investing proficiencies.Acquire skills to maneuver your trading risks with control and management techniques.Realize how education and mentorship in trading are pivotal for making purpose-driven decisions.Recognize the role your emotions play in trading and develop strategies to manage them.And so much more!Key Moments:00:00:27 - Tony Pawlak's Background00:02:26 - Struggles and Debt00:08:14 - Mindset Shift and Strategy00:09:44 - Growth and Helping Others00:12:17 - Stepping Up to the Next Level00:14:30 - Overcoming Common Trading Mistakes00:19:51 - Trading as a Full-Time or Part-Time Endeavor00:22:30 - Investing vs. Trading in the Stock Market00:23:51 - The Importance of Price Action Trading00:24:15 - The Importance of Learning to Read Markets00:25:14 - Long-Term Investing and Buying Insurance00:26:31 - Understanding Market Trends and Timing00:28:41 - The Best Time to Trade and Emotional Equity00:33:02 - The Importance of Diagnosing Markets and Accepting Losses00:35:21 - The Importance of Mindset in Trading00:36:14 - Risk and Skill in Trading00:38:50 - Controlling Emotions and Risk in Trading00:40:05 - Lessons Learned and Changing Expectations00:47:20 - Enriching Lives and Providing Education,Find Tony Pawlak on:Websites: https://www.reallifetrading.com/tonypawlakPodcast: https://myworstinvestmentever.com/ep579-tony-pawlak-stop-trying-to-get-rich-overnight/Youtube: https://www.youtube.com/channel/UCux4_ZudBYgiZBPDvxVdhVQAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodes_______________________This is not an offer of a security or investment advice.See important disclosures at masterworks.com/cd View all past offerings here. When Masterworks presents the net return of an investment in a sold artwork, “net return” or “IRR” refers to the annualized internal rate of return net of all fees and expenses, calculated from the offering closing date to the date the sale is consummated. IRR is not indicative of Masterworks paintings not yet sold and past performance is not indicative of future results. For additional information regarding the calculation of IRR for a particular investment in an artwork that has been sold, a reconciliation will be filed as an exhibit to Form 1-U and will be available on the SEC's website at www.sec.gov.Support the show

    217. Mike's Thoughts: Should I Buy or Rent in Today's Housing Market

    Play Episode Listen Later Aug 16, 2023 5:52


    Support the show

    216. Lessons Learned from Tech to Buying Real Estate with John Foong

    Play Episode Listen Later Aug 13, 2023 44:16


    Do you want to make smarter financial decisions and achieve success in real estate investing? How can tech professionals leverage their skills to excel in the real estate market? Look no further! This discussion will reveal the solution to achieving improved financial decision-making and prosperous real estate investments. Join us on Average Joe Finances as our guest, John Foong, unveils how his Silicon Valley-bred paranoia and unique mindset led him to navigate the uncertainties of life and achieve remarkable success.In this episode:Identify the crucial value of the tech sector's commitment to continuous growth and innovation.Get to know the significance of financial modeling in guiding your investment direction.Discover the value of aligning with finance and investment experts for informed guidance.Appreciate how taking initiative and dedication to continuous learning can transform your finance and investment journey.And so much more!Key Moments:00:01:31 - Getting to Know John Fung00:03:07 - Paranoia and the Mindset of Tech Companies00:07:58 - Balancing Optimization and Peace of Mind00:11:26 - Feeling the Responsibilities of Parenthood00:13:27 - Being Prepared for Anything00:17:59 - Adjusting for Changing Seasons00:19:16 - Adapting to Different Life Seasons00:21:46 - Trust and Collaboration in Finances00:22:47 - Differences in Real Estate between Australia and the United States00:24:16 - Taxation Differences in Australia and the United States00:25:50 - Buyer's Agents and Real Estate Transactions00:29:10 - Benefits of Lines of Credit and Liquidity00:34:15 - The Importance of Learning and Seeking Expert Help,Find John Foong on:LinkedIn: https://au.linkedin.com/in/johnfoongInstagram: https://www.instagram.com/johnfoong/Facebook: https://www.facebook.com/jfoongAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    215. Why Gold and Precious Metals Should be in Your Portfolio with Dana Samuelson

    Play Episode Listen Later Aug 9, 2023 46:03


    Do you want to enhance the resilience of your real estate portfolio and safeguard it against inflation? Are you searching for a solution that can provide you with increased protection and stability? Look no further, because, in this discussion, we will reveal the key to achieving that desired outcome. Join us on Average Joe Finances as our guest, Dana Samuelson, will be sharing tips on how to protect and diversify your portfolio, battle inflation, and seize prime buying opportunities in a rapidly evolving market.In this episode:Uncover why owning precious metals is crucial to safeguard your assets from the effects of inflation.Learn how to use your precious metals as collateral for real estate investments.Understand the significance of liquidity in turbulent economic conditions.Equip yourself with strategies to protect against counterfeit precious metals.Discover how to spot lucrative opportunities in the real estate and gold markets.And so much more!Key Moments:00:03:35 - Precious Metals as an Inflation Hedge00:07:51 - Precious Metals vs. Cryptocurrency00:12:38 - The Value of Precious Metals00:14:03 - Borrowing Against Precious Metals00:15:40 - The Precious Equity Strategy00:18:45 - Buying Real Estate During a Financial Crisis00:19:52 - The Importance of Liquidity00:23:27 - Building a Precious Metals Business00:27:05 - Establishing the industry anti-counterfeiting task force00:28:30 - Importance of buying from reputable dealers00:29:08 - Anti-counterfeiting measures in coins00:29:40 - Success in getting the Secret Service involvedFind Dana Samuelson on:Website: https://www.amergold.com/LinkedIn: https://www.linkedin.com/in/dana-samuelson-64793056/ Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    The Effects of AI in Real Estate with Tony Lopes

    Play Episode Listen Later Aug 6, 2023 53:41


    Do you want to better understand how AI can revolutionize the real estate industry? Are you looking for a solution to enhance your knowledge and utilization of AI to achieve remarkable outcomes in real estate investments? Look no further! Get ready to harness the power of artificial intelligence and reap the rewards it brings to your investments.Join us at the Average Joe Finances Podcast as our guest, Tony Lopes, will be sharing invaluable insights and strategies to unlock the full potential of AI in the world of real estate. In this episode:Realize the true significance of prioritizing high-value tasks in the realm of real estate investing.Learn how harnessing the expertise of others can transform your entrepreneurial journey.Appreciate the role of perpetual learning in pushing your personal boundaries.Unveil the potential of nurturing relationships, online and offline, in unfolding career and business prospects.Get insights on reliable industry resources like enlightening books and authentic content creators.And so much more!Key Moments: 00:03:11 - Real Estate Investments 00:07:53 - Leveraging Networking 00:10:06 - The Role of Hard Money Lenders 00:13:54 - Rising Property Taxes and Affordability 00:14:29 - Energy Crisis and the Cost of Housing 00:15:33 - Societal Shift towards Convenience 00:19:48 - Changing Work Ethics and Loyalty 00:23:26 - Generational Differences and Homeownership 00:27:09 - The Impact of September 11 on a Business 00:28:29 - The Importance of Taking Action 00:29:31 - Generational Challenges Ahead 00:30:49 - The Influence of Social Media 00:31:27 - The Future of Real Estate with AI 00:41:53 - The Value of Delegating Low-Level Tasks Find Tony Lopes on:Email: tony@dirtybootscapital.comWebsite: www.dirtybootscapital.comWebsite: www.freedomatriskbook.comLinkedIn:  www.linkedin.com/in/tony-lopes-far/YouTube:  www.youtube.com/DirtyBootsCapitalFacebook: www.facebook.com/FreedomAtRiskInstagram: www.instagram.com/freedomatriskTwitter: www.twitter.com/freedomatrisk_Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    Breaking Down the Real Estate Barriers with Marcus Maloney

    Play Episode Listen Later Aug 2, 2023 42:14


    Many investors in real estate are currently facing frustration and overwhelm as their investments are not delivering the desired outcomes. Despite dedicated efforts such as property research, seminars, and networking, these investors are disappointed with unsuccessful returns. This situation has led to financial setbacks, missed opportunities, and uncertainty in their real estate pursuits.Join us at the Average Joe Finances Podcast as our guest, Marcus Maloney shares how he helps aspiring real estate professionals break the barriers to entry into investing and build a quality lifestyle through real estate investing.In this episode:Grasp the sophisticated ways of successful real estate investments.Dig into covert off-market deals and polish your follow-up plans.Discern how societal contribution boosts your business reach.Value the essence of self-trust and the courage to venture into overcoming obstacles.Understand the power of empathic listening and professional networking in the realty industry.And so much more!Key Moments:00:03:31 - Early Lessons in Investing00:06:12 - Influence of Family00:10:48 - Marcus' Real Estate Deals00:14:41 - Using PropStream for Data00:15:46 - Marketing Techniques00:19:00 - Being a Problem Solver00:21:41 - Residential Group Homes00:26:36 - Changing Lives Through Real Estate, Find Marcus Maloney on:Website: https://marcusemaloney.com/Facebook: https://www.facebook.com/EquityRealtyInvestments/Twitter: https://twitter.com/mrcsmaloneyInstagram: https://www.instagram.com/mrcsmaloney/Linked in: https://www.linkedin.com/in/marcusmaloney/Youtube: https://www.youtube.com/mrcsmaloney Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    212. Building a Real Estate Agent Business with Ali Garced

    Play Episode Listen Later Jul 30, 2023 48:58 Transcription Available


    Do you want to build a thriving real estate agent business? Are you seeking the key to success in the competitive real estate market? Look no further. In this episode, our guest, Ali Garced, will reveal the solution to attaining your desired outcome: the ability to establish a highly successful real estate agent business.Join us at the Average Joe Finances Podcast as our guest, Ali Garced, shares her passion for real estate investing, masterfully navigating the market to amass seven properties. Never one to settle, Ali capitalized on her knack for connecting with people and numbers, becoming a successful realtor, and creating ripples in the industry.In this episode:Develop a blueprint for crafting a successful realtor career while building your real estate investment portfolio.Understand the necessity of accurate forecasts and balancing cash inflow with property appreciation.Learn the vital role of a committed team and resource optimization in achieving real estate success.Discover insights on leveraging the power of social media for meaningful growth and effective time management in your business operations.And so much more!Key Moments:00:08:31 - Making the Jump to Full-Time Realtor00:09:55 - Ali's Real Estate Investments00:11:48 - Investing in Real Estate00:13:02 - Transitioning to Long-Term Rentals00:14:20 - Appreciation and Cash Flow00:18:09 - Building a Realtor Business00:19:45 - Transitioning to Referral-Only Agent00:21:35 - Achieving Financial Milestone00:26:39 - Mentality of an Entrepreneur00:27:57 - CRM Systems for Real Estate00:34:39 - Outsourcing and Time ManagementFind Ali Garced on:Website: https://www.garcedrealty.com/Instagram: https://www.instagram.com/ali_the_agent/?hl=enTiktok: https://twitter.com/rcanfield1LinkedIn: https://www.linkedin.com/in/alexandragarced/Facebook: https://www.facebook.com/richard.canfieldYoutube: https://www.youtube.com/channel/UCj8ZlieHodxhD0vC75-rq0g Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    211. Exploring Infinite Banking Strategies with Richard Canfield

    Play Episode Listen Later Jul 26, 2023 53:35


    Do you want to discover a powerful strategy for building long-term wealth? Are you looking for a solution that can effectively optimize your finances and help you achieve financial freedom?Join us at the Average Joe Finances Podcast as our guest, Richard Canfield, shares his insights on exploring Infinite Banking Strategies. Implementing these strategies can unlock the key to long-term wealth building and achieving your financial goals. Don't miss out on this opportunity to learn how to maximize your financial potential and secure a prosperous future.In this episode:Learn about virtual apartment building strategies for generating long-term cash flow while avoiding the challenges of managing tenants.Appreciate the concept of infinite banking, which involves using specially designed whole life insurance contracts to become one's own banker. Understand financial tools, such as adequately structured insuranceLearn about the approaches to creating a family banking system involving using insurance policies to build equity that could be accessed and reinvested within the family.Grasp about educating children about passive and active income and incentivizing responsible financial behavior.Key Moments:00:05:30 - Real Estate Investments00:07:17 - Discovering "Becoming Your Own Banker"00:09:58 - Virtual Apartments Explained00:12:58 - The Infinite Banking Concept00:11:38 - Real Estate Portfolio Diversification00:12:16 - Turnkey Rental Property Management00:13:23 - Dealing with Market Cycles00:14:29 - Tales of the Real Estate Trenches00:15:44 - Introduction to Infinite Banking00:25:06 - The Importance of Treating Money as a Valuable Resource00:25:32 - Using Insurance as a Financial Tool00:26:46 - The Importance of Understanding Financial Tools00:27:27 - The Role of Premiums in Whole Life Insurance00:34:20 - Building a Family Banking System00:37:14 - Introducing the Family Banking System00:38:28 - Teaching Passive vs. Active Income00:40:03 - Incentivizing Financial Responsibility00:41:25 - Creating a Family BankFind Richard on:Website: https://www.:ascendantfinancial.ca/Instagram: https://www.instagram.com/richard_canfield/Twitter: https://twitter.com/rcanfield1LinkedIn: https://www.linkedin.com/in/richardcanfieldFacebook: https://www.facebook.com/richard.canfieldYoutube: https://www.youtube.com/channel/UCj8ZlieHodxhD0vC75-rq0g Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    210. Due Diligence and the Importance of the Right Team with Alex Sonkin

    Play Episode Listen Later Jul 23, 2023 51:32 Transcription Available


    Are you looking to minimize your taxes and gain a deeper understanding of the tax code? Do you want to navigate the complexities of tax with ease?In this episode, we have Alex Sonkin, who will be sharing the key solution to help you achieve your goal of maximizing tax savings and gaining a comprehensive understanding of the tax code. Get ready to unlock the secrets to minimizing taxes and mastering the tax code on the Average Joe Finances Podcast.In this episode:Dive into intelligent tax planning strategies crafted for wealth preservation and proliferation.Realize the unprecedented role of CPAs in devising tax strategies specifically tailored for real estate investors.Get acquainted with the virtual family office model and its potential for benefiting individuals across varying economic stages.Grasp the invaluable role of the Due Diligence Project in mitigating tax risks by promoting thorough due diligence.Peer into the future of the accounting sector, with technology-led CPA firms and family offices in the virtual realm.Key Moments:00:03:07 - The Value of Tax Planning00:06:32 - The Due Diligence Project00:10:02 - Virtual Family Office Model00:14:50 - Importance of Trusting CPAs00:15:43 - Specializations in Professional Service00:16:58 - Building a Network of Trusted Advisors00:19:09 - Focus on Expertise and Outsourcing00:28:00 - The Excitement of Referral Commissions00:29:02 - Complexity of the Tax Code00:30:13 - Paying Taxes the Right Way00:33:14 - Joining the Due Diligence ProjectFind Alex on:LinkedIn: https://www.linkedin.com/in/alexsonkin/Facebook: https://www.facebook.com/groups/216088415888671Youtube: https://www.youtube.com/channel/UC0lQCUx003antWFnOFpaWGgBook: https://www.amazon.com/Due-Diligence-Project-Peer-Reviewed-Supercharging/dp/B09P6T4P75 -Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    209. The Power of the Appraisal in Your Own Hands with M.J. Jackson

    Play Episode Listen Later Jul 19, 2023 48:47 Transcription Available


    Do you want to unlock maximum profits and achieve unparalleled success in your real estate investments? Look no further!In this episode, we have M.J. Jackson, who will reveal the ultimate solution to help you seize control of your appraisals and reap remarkable returns on your investments. Get ready to revolutionize your real estate game and achieve unprecedented financial gains in this eye-opening episode of the Average Joe Finances Podcast.In this episode:Explore boundless opportunities in real estate, allowing you to invest and reap rewards from around the globe.Acknowledge the pivotal role of education in navigating the complex world of real estate for sustainable growth.Discern the benefits of collaboration and resource pooling to capitalize on lucrative investment deals.Envision the life-changing liberty and way of life offered by successful real estate investments.Gain insight into the vast possibilities of investing across markets, breaking boundaries and norms.Key Moments:00:00:56 - From Hospitality to Real Estate Appraisal,00:04:14 - Building Investor Comps00:06:24 - The VIP Community and Synergies00:08:27 - Genuine Real Estate Investors and Valuation00:13:55 - The Need for Investor Comps00:16:16 - The Value of Data and Market Specifics00:21:41 - Building a Transparent Community00:22:28 - Managing Risk and Intelligent Decision-Making00:24:55 - Data-Driven Decision-Making for Passive Investors00:28:42 - Valuable Resources of Investor Comps00:30:42 - The Value of Knowledge and Interpretation00:32:09 - MJ's Why: Being a Servant LeaderFind M.J on:Website: https://themarkjackson.comFacebook: https://www.facebook.com/realestateinvestorcomps/Instagram: https://www.instagram.com/investorcomps/Youtube: https://www.youtube.com/channel/UCR64o5f2f3NU1z8bJI3l7eALinkedIn: https://www.linkedin.com/in/arisetolive/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesRooted in RetailMade for Indie Retailers! Navigate the retail landscape with expert advice & insider tips.Listen on: Apple Podcasts SpotifySupport the show

    208. Renting by the Room with HomeRoom with Johnny Wolff

    Play Episode Listen Later Jul 16, 2023 43:31 Transcription Available


    Join Mike Cavaggioni with Johnny Wolff on the 208th episode of the Average Joe Finances Podcast. Johnny shares how renting by the room can lead to increased profitability and foster meaningful community connections.In this episode, you'll learn:The exciting possibilities of real estate investing and co-living strategies.The prosperity and potential associated with renting by the room.The ways to triumph over challenges in the co-living rental market.Effectiveness of Homeroom's turnkey solutions for ambitious co-living investors.The importance of creativity and resilience in high-stake real estate investing.And much more!Key moments:00:02:11 - Co-Living and Rent by the Room00:06:09 - Finding the Right Property for Co-Living00:09:32 - Creating Housing Solutions00:13:42 - Challenges of Co-Living00:14:19 - Making Homes Marketable00:15:31 - The Role of Creativity00:16:35 - Location and Density00:18:03 - Customizing Properties00:28:18 - Homeroom's Payment Structure00:29:53 - Net Positive with Homeroom00:31:29 - Johnny's Biggest Real Estate Mistake00:33:59 - Learning from ExperienceAbout Johnny Woff:Johnny Wolff is the CEO and Founder of HomeRoom – one of the fastest-growing real estate investing platforms in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas, to pursue full-time real estate investing. After an unusually terrible Craigslist roommate experience in 2017, he converted a single-family home to a group home for his friends. After realizing the massive untapped potential of multi-tenant (co-living) real estate investing – HomeRoom was born.Find Johnny on:Website: http://www.livehomeroom.comLinkedIn: http://www.linkedin.com/in/johnnywolff/Facebook: http://www.facebook.com/livehomeroom Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    207. Why Yes Management Plays an Important Role with Ace Hagerty

    Play Episode Listen Later Jul 12, 2023 53:46


    Join Mike Cavaggioni with Ace Hagerty on the 207th episode of the Average Joe Finances Podcast. Ace shares the key to attaining equilibrium and success in your life, allowing you to skillfully navigate your commitments and priorities. In this episode, you'll learn:The ropes of real estate investing, tailored specifically for beginners.The pivotal role your mindset plays in achieving success in real estate.Understanding the basics of real estate investing as well as the need for an efficient team.The fundamental principles of real estate to attain financial freedom.Exploring the immense power of personal transformation for a more purposeful existence.And much more!Key moments:00:00:48 - Ace's Background in Real Estate00:05:37 - A Life Out of Balance00:09:44 - The 100-Day Challenge00:12:12 - Leaving a Lasting Impression00:13:29 - Taking Control of Your Life00:14:18 - The Challenge of Changing Habits00:15:10 - Leveraging Your Nervous System00:15:54 - Having Faith and Surrounding Yourself with Support00:18:35 - Finding Balance and Yes Management00:26:46 - Finding a Deeper Why00:27:52 - Gratitude and Perspective00:29:03 - Rediscovering the Love of Learning00:30:46 - Leading by Example00:36:19 - Learning from Mistakes00:40:53 - Getting Started in Real Estate Investing00:43:27 - Importance of Following Fundamental Principles00:46:38 - Providing Value and Finding BalanceAbout Ace Hagerty:Matthew “Ace” Hagerty is a writer, entrepreneur, podcaster, and Full Control Publishing, LLC founder. From garage start-ups to companies investing millions of dollars to developing communities around the country, he has created successful initiatives that are changing the faces of communities both big and small.He also launched his podcast, Superhero By Design, in 2022, in which he interviews real-life superheroes from all over the world.Find Ace on:Website: https://www.superherobydesign.com/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    206. Meet the Philly Real Estate Broker for Investors with Maria Quattrone

    Play Episode Listen Later Jul 9, 2023 36:43 Transcription Available


    Join Mike Cavaggioni with Maria Quattrone on the 206th episode of the Average Joe Finances Podcast. Maria shares valuable insights and advice that will help you make improved real estate investment decisions and increase your chances of success.In this episode, you'll learn:The unique advantages and substantial profits that come from investing in real estate.Why a speedy deal analysis is key to making wise, beneficial investment decisions.The current real estate market, including potential challenges and how they can be transformed into opportunities.Investment options and strategies, understanding why both cash flow and appreciation matter in solidifying your investment portfolio.Personal growth and a resilient mindset are important in thriving in the real estate industry.And much more!Key moments:00:02:09: Challenges of Being a Broker and Investor00:06:46: Current Real Estate Market Trends00:10:41: Investing in Self-Storage and Mobile Home Parks00:12:53: Tools and Systems for Real Estate Investing00:15:01: The Power of Real Estate Appreciation00:16:34: Market Correction and Stability00:17:51: Lessons Learned in Real Estate00:19:36: Taking Risks and Recognizing Commonality00:20:32: Tips for Success in Real EstateAbout Maria Quattrone:Maria Quattrone, Founder/CEO of Maria Quattrone and Associates of RE/MAX @ HOME, is a leading real estate executive with over 30 years of sales and marketing experience in the Philadelphia area. In addition to her notable real estate career, Maria also works tirelessly as an investor, public speaker, visionary, podcast host, and successful entrepreneur.A Philadelphia native, Maria attended Temple University and later founded her company, Maria Quattrone & Associates in 2005. Along with her hand-picked team of veteran professionals, Maria strives to provide quality service that always puts the customer first unlike her competitors who are simply transactional in their approach. With that approach and the understanding that it takes an expert, Maria and her team create multiple avenues of communication based on not only netting sellers the highest value for their properties but also providing buyers with a life-changing experience they've only dreamed of. Drawing upon decades of experience and knowledge, their operating paradigm is powered by market-specific information, cutting-edge innovation, and an unrivaled client database. Find Maria on:LinkedIn: https://www.linkedin.com/in/mariaquattrone/ Instagram: https://www.instagram.com/soldbymq/Facebook: https://www.facebook.com/REMAXatHOME Youtube: https://www.youtube.com/@mariaquattrone3193 Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    205. From 0 - 70 Units in 2 Years Without JVs or Syndications with Kyle Root

    Play Episode Listen Later Jul 5, 2023 44:15


    Join Mike Cavaggioni with Kyle Root on the 205th episode of the Average Joe Finances Podcast. Kyle shares his secrets to scaling his portfolio from 0 to 70 units in just 2 years, all without the help of joint ventures or syndications. In this episode, you'll learn:Potent strategies for real estate investing that promote steady portfolio expansion and healthy cash influx.Shifting your mental framework towards successfully tackling challenges faced in real estate investing.Impacts of employing technology and efficient procedures on enhancing real estate enterprise operations.Importance of continuous learning, guidance, and personal growth in paving a path to real estate success.And much more!Key moments:00:01:22 - Kyle's Background00:04:08 - Transition to Real Estate00:06:25 - House Hacking and BRRRR Strategy00:08:32 - Scaling with Hard Money00:10:34 - Adapting and Improving00:11:05 - Limited Traditional Financing,00:12:15 - Kyle's Creative Financing Strategy00:13:44 - Taking Action in Real Estate00:16:21 - Kyle's Team Structure00:18:09 - Dealing with Permitting Challenges00:20:29 - Overcoming Obstacles and Shifting Mindset00:25:21 - Overcoming Challenges and Finding Motivation00:27:10 - The Power of Failure00:27:55 - The Importance of Property Managers00:29:16 - Building Custom Software for Tracking00:37:42 - The Importance of Doing the Right Thing00:41:06 - The Value of Hard Work and Persistence,About Kyle Root:Kyle started buying real estate in 2020. He was able to go from 0-70 units in 2 years without using any type of syndication or joint ventures. At 26 he left his W2 job. Now, at 28, he continues to scale his real estate business and coach others to do the same with little money into it. His goal is to help others understand their full potential. This can be accomplished through many different ventures. For Kyle, it was real estate investing. While Kyle does enjoy talking about real estate most of all he enjoys talking about the importance of daily habits, discipline, overcoming obstacles, and building a life worth living!!Find Kyle on:Website: https://kylejroot.com/Instagram: https://instagram.com/kj_rootTikTok: https://tiktok.com/@kj_rootAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesThe Company ShowThe Company Show is a podcast about running a podcast for your business or company....Listen on: Apple Podcasts SpotifySupport the show

    203. Travel Hacking and Building Wealth as a W-2 Employee with Shelly Blancq

    Play Episode Listen Later Jul 2, 2023 51:56


    Join Mike Cavaggioni with Shelly Blancq on the 203rd episode of the Average Joe Finances Podcast. Shelly shares how middle-class individuals can achieve free travel and financial goals through responsible credit card use.In this episode, you'll learn:Acquire the knowledge to master personal finance for the purpose of funding your dream travels.How to optimize credit card rewards to secure accessible and exciting travel experiences.The importance of credit card responsibility to evade falling into a debt trap.Tips and tactics to excel in travel hacking and collect points effectively.The profound benefits of expanding your horizons through travelAnd much more!Key moments:00:00:52 - Shelley's Background and Financial Journey00:03:47 - Discovering Travel Hacking00:08:24 - Building Financial Security00:09:39 - The Next Steps in Travel Hacking00:14:23 - Player One and Player Two Strategy00:19:52 - Successful Travel Hacking Examples00:26:12 - Opening Multiple Credit Cards00:28:13 - Considerations for Real Estate and Mortgage00:29:02 - Paying Off Credit Card Balances00:33:48 - Additional Benefits of Travel Credit CardsAbout Shelly Blancq:From the theater classrooms of the University of Memphis to educational platforms sharing financial literacy, Shelly Blancq's narrative is as exciting as it is inspiring.In her adolescence, the economic downturn of 2008 led her to take the reins of her family's financial health, sparking an interest in personal finance. Little did she know it would soon turn into a resourceful instrument to embrace her passion—travel.Shelly cracked the code of leveraging credit card rewards to make traveling an easily attainable dream without compromising her financial wellness. Today, she encourages others to transform their aspirations into reality with the same practical knowledge.Find Shelly on:Website: https://www.travelmorepodcast.comInstagram: https://instagram.com/thetravelmores.Linkedin: https://www.linkedin.com/in/shelly-blancq-831195278/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesThe Company ShowThe Company Show is a podcast about running a podcast for your business or company....Listen on: Apple Podcasts SpotifySupport the show

    Accepting Responsibility for All Aspects of Your Life with Jerry Fetta

    Play Episode Listen Later Jun 28, 2023 37:42


    Join Mike Cavaggioni with Jerry Fetta on the 202nd episode of the Average Joe Finances Podcast. Jerry shares the key steps and strategies that will enable you to attain the desired outcome of complete financial independence. In this episode, you'll learn:The journey towards financial freedom through education and responsibility.Exercising due diligence to maximize profits in private fund investing.The concept of real estate investment strategies and their ability to catapult your financial success.Valuable insights into the world of leveraging debt and credit to foster wealth.The steps needed to assemble a steady passive income flow through the utilization of hard assets.And much more!Key moments:00:01:38 - Jerry's Background00:03:14 - Rebuilding and Rebranding00:08:13 - Lessons Learned00:11:23 - Ignoring Red Flags00:12:53 - Volatility in Different Markets00:14:09 - Taking Responsibility and Avoiding Victim Mentality00:18:23 - Learning from Mistakes and Maintaining a Positive Mindset00:20:29 - Investing in Hard Assets and Turnkey Properties00:26:04 - Importance of Due Diligence and Inspections00:27:39 - The Risks of Waiving Inspections00:29:09 - The Benefits of Inspections and Risk Management00:30:10 - Protecting Your Assets and Liability Insurance00:35:06 - Importance of Building Knowledge and SavingAbout Jerry Fetta:Jerry Fetta Is the CEO and Founder of Wealth DynamX. He is a published author, successful entrepreneur, investor, and a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, and New York Finance, earning endorsements and affiliations throughout his career with names like Grant Cardone, Dave Ramsey, and Pamela Yellen. Jerry's mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.Find Jerry on:Website: www.wealthdynamx.comFacebook: https://www.facebook.com/jerry.fettaInstagram: https://www.instagram.com/jerryfetta/LinkedIn: https://www.linkedin.com/in/jerry-fetta/Twitter: https://twitter.com/JerryFetta Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    201. Sustainable Coffee Company: Investing in Green Byproducts with Cole Shepard

    Play Episode Listen Later Jun 25, 2023 39:45


    Join Mike Cavaggioni with Cole Shephard on the 201st episode of the Average Joe Finances Podcast. Cole shares how the Legacy Group rose to $50 million of assets under management and the investment opportunity for high-net-worth investors in the private company space.In this episode, you'll learn:The promising opportunities in international impact investing, with a focus on Latin America.How Green Coffee Company is revolutionizing sustainable farming and creating valuable byproducts.Legacy Group's proven investment approach is designed to benefit accredited investors.The value of experience and historical cycles to make sound investment decisions.And much more!Key moments:00:00:43 - Cole's Background00:04:40 - Green Coffee Company00:05:40 - Coffee Production and Land Acquisition00:11:13 - Legacy Group00:13:35 - Creating Talent in Colombia00:15:10 - Investment Offerings for Accredited Investors00:19:13 - Positive Social and Environmental Impact00:21:16 - Creating a Sustainable Ecosystem00:24:42 - Value of Byproducts00:26:38 - Importance of Corporate Responsibility00:28:10 - Importance of Experience00:29:59 - Tips for New Investors00:32:29 - Book Recommendation00:35:18 - Importance of Skin in the Game About Cole Shephard:Cole Shephard is the founding partner of the alternative investment firm, Legacy Group, and the founder and a board member at the Green Coffee Company, Colombia's largest coffee producer. As a PwC alum working in accounting, advisory, M&A, and consulting across the United States, Bermuda, Hong Kong, and Beijing.Cole is an expert in emerging markets and understanding the capital movements of high-net-worth investors. Cole is based in Medellin, Colombia.Find Cole on:Website: https://legacy-group.co/Instagram: https://www.instagram.com/legacygroupinvestments/LinkedIn: https://www.linkedin.com/in/cole-shephard-67b1a51a/?originalSubdomain=coYoutube: https://www.youtube.com/@legacygroup9109/videosAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    200. From a Scarcity to an Abundance Mindset with Leisa Peterson

    Play Episode Listen Later Jun 21, 2023 41:57


    Join Mike Cavaggioni with Leisa Peterson on the 200th episode of the Average Joe Finances Podcast. Leisa shares her journey from a scarcity to an abundance mindset, highlighting the power of mindfulness and investing in oneself.In this episode, you'll learn:The insights on embracing mindfulness practices for a fulfilling and prosperous life.Understand the impact of self-investment on achieving long-term financial freedom.The benefits of semi-retirement and generating passive income for improved financial stability.Identify and overcome mental barriers and past traumas to clear the path to financial achievement.Utilize failure as a crucial element for moving towards financial aspirations.And much more!Key moments:00:01:31 - Leisa's Background00:07:12 - Mindset Shifts00:10:42 - Investing in Yourself00:12:25 - Self-Care00:14:58 - Reevaluating Your "Why"00:17:05 - The Freedom of Being Semi-Retired00:22:31 - Preparing for Life After Empty Nesting00:24:08 - Letting Go and Being Courageous00:25:27 - Exploring New Possibilities00:29:32 - Committing to Learning00:31:22 - Helping Visionaries00:33:35 - Thinking Big00:35:22 - Authority on Finances00:39:27 - Becoming More Confident About Leisa Peterson:Leisa Peterson is THE Mindful Millionaire Maker. She helps inspired business owners become game-changers in their field and achieve million-dollar breakthroughs. She does this using mindfulness strategies combined with business-building practices.Leisa's a passive income specialist, “one-to-many” business coach, author of The Mindful Millionaire, and podcaster who inspires people worldwide to create a prosperous life.Noted in Forbes as one of 10 Women Driving Growth in Wealth Management and Investing, Leisa has appeared in The Wall Street Journal, FastCompany, The Week, and Huffington Post. She has been featured on many podcasts and radio shows.Find Leisa on:Website: https://www.wealthclinic.com/Instagram: https://www.instagram.com/leisapeterson/LinkedIn: https://www.linkedin.com/in/leisapeterson1/Facebook: https://www.facebook.com/leisa.peterson/Twitter: https://twitter.com/leislooskiLeisa's Book: https://www.mindfulmillionairebook.com/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comShow Notes add on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    199. The Velocity of Money Mindset with Chris Giorgi

    Play Episode Listen Later Jun 18, 2023 51:22


    Join Mike Cavaggioni with Chris Giorgi on the 199th episode of the Average Joe Finances Podcast. Chris shares how adopting the velocity mindset can lead to successful investing and financial freedom. In this episode, you'll learn:The unique challenges and opportunities of real estate investing while living abroad.The significance of assembling a trustworthy team for remote investing success.Gain insight on maintaining discipline and patience for long-term real estate investment growth.Uncover creative financing strategies to expand your property portfolio.Understand the role of education, networking, and a clear purpose in achieving investment objectives.And much more!About Chris Giorgi:Chris Giorgi is a former Army officer who transitioned from the Army in 2019 while stationed in Germany, where he still lives with his family and works for a US Defense Contracting company. He started saving/investing when he was 15 and used those funds to make most of the purchases in 2018-2020.After learning about the Velocity of Money concept, he has sold some of his less-performing properties and transitioned into potentially more lucrative syndication deals. He enjoys helping others to see the value in REI and looks forward to the day, hopefully in the near future, when he can walk away from his W2 and start living on his own terms.Find Chris on:LinkedIn: https://www.linkedin.com/in/christopher-giorgi/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    198. Real Estate Investing in the 2023 Market with Dani Beit-Or

    Play Episode Listen Later Jun 14, 2023 47:59


    Join Mike Cavaggioni with Dani Beit-Or on the 198th episode of the Average Joe Finances Podcast. Dani shares how he empowers both beginners and seasoned investors to optimize their real estate investment in today's 2023 market.In this episode, you'll learn:Most effective strategies for successful real estate investing in the current marketHow real estate investors mitigate risk in today's environmentThe most important factors to consider when investing in real estateThe biggest challenges and opportunities for real estate investors right now?And much more!About Dani Beit-Or:Drawing upon 18 years of investing experience in US real estate, Dani leverages his expertise to facilitate financial growth for investors at all levels, from novices to seasoned professionals.Since 2004, he has collaborated with hundreds of investors on nearly 5,000 transactions, enabling them to cultivate robust property portfolios across a variety of US metropolitan markets.Dani's extensive experience during the 2008 market downturn catalyzed the refinement of his investment strategies and deepened his comprehension of the real estate landscape, knowledge which he imparts to others through his speaking engagements and educational programs.Find Dani on:Website: http://simplydoit.net/Youtube: https://www.youtube.com/simplydoit1 Facebook: https://www.facebook.com/reinvestingLinkedIn: https://www.linkedin.com/in/danib/ Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    197. Investing in Crypto the Smart Way with Eric McDonald

    Play Episode Listen Later Jun 11, 2023 40:02 Transcription Available


    Join Mike Cavaggioni with Eric McDonald on the 197th episode of the Average Joe Finances Podcast. Eric shares the current global economic climate, underlined by an energy crisis, inflation, and market uncertainties, and explores why investors are turning to crypto as a potential safe haven. In this episode, you'll learn:Why investors are getting exposure to crypto in these uncertain times.Cryptocurrency trading for beginners, and why and how to automatically trade crypto.Lessons for crypto leaders and investors from the collapse of the cryptocurrency exchange FTX.The future of cryptocurrency in 2023 and beyond.And so much more!About Eric McDonaldEric is the CEO and Board Chairman of CoinLion, a cryptocurrency auto trading platform that makes it super simple for anyone to invest in crypto.They have executed 530K+ trades worth $1B+ and made investors $4M+ in profit to date. Many people are interested in investing in cryptocurrencies, but they're afraid to do so because they don't fully understand the complex crypto market, or where to even begin.Eric is passionate about building outstanding teams that develop great products that are centered on the needs and wants of customers. He spent 19 years as the Founder and CEO of the urgent care software company DocuTAP (now Experity) before joining CoinLion.Eric led the business through explosive growth, multiple fundraising rounds (including with Warburg Pincus and Bessemer Venture Partners), several acquisitions, and a successful merger with its biggest competitor. That combined company was acquired again for $1B+ in 2019.Beyond CoinLion, Eric also sits on the boards of a few other innovative tech businesses, including Phraze.AI, Journey Tellr, and SideCar.Find Eric on:Website: https://www.coinlion.com/Facebook: https://www.facebook.com/CoinLion.official/LinkedIn: https://www.linkedin.com/in/ericatdocutap/ Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    196. Financially Educating the Service Industry with Barbara Sloan

    Play Episode Listen Later Jun 7, 2023 51:34 Transcription Available


    Join Mike Cavaggioni with Barbara Sloan on the 196th episode of the Average Joe Finances Podcast. Barbara shares her tips and knowledge on managing the fluctuating income of the service industry and helps people in the service industry manage their finances better. In this episode, you'll learn:How Service Industry Professionals are left out of wealth building.How people without access to employer-provided benefits can set up their own benefit systems. Scanning your environment for hazards that may be sabotaging your financial goals.Free and low-cost ways to work on an abundance mindset.And so much more!About Barbara Sloan:Barbara Sloan is the author of the book Tipped: The life-changing guide to financial freedom for Waitresses, bartenders, strippers, and all other service industry Professionals. A homeless teen, who danced for dollars, and definitely did not graduate from college. She is now a personal finance expert and money coach who spent two decades working in every imaginable position in the Service Industry nationwide.In addition to owning and running a badass women-owned Construction company in the heart of Manhattan, she helps Tipped workers achieve Financial Freedom as she did. She is passionate about all of the amazing aspects of Tipped work and passionate about all of the terrible aspects of Tipped work.Find Sloan on:Website: https://www.tippedfinance.com/ Instagram: https://www.instagram.com/tippedfinance/Twitter: https://twitter.com/tippedfinanceFacebook: https://www.facebook.com/profile.php?id=100072006440651 Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    195. Investing in Online Businesses with Kyle Kuderewski

    Play Episode Listen Later Jun 4, 2023 36:37


    Join Mike Cavaggioni with Kyle Kuderewski on the 195th episode of the Average Joe Finances Podcast. Kyle offers a unique look into online business investing through Webstreet. He shares valuable insights about the operators for Webstreet and how their industry expertise helps achieve positive returns.In this episode, you'll learn:What is WebStreet and how does it work?Types of online businesses offered by WebStreetWhy online businesses are a great alternative asset class and how WebStreet provides access to itPortfolio Managers - how do we select them, the vetting process + what happensTimeline of investing to selling of business and why it is recommended to diversifyAnd so much more!About  Kyle Kuderewski:Kyle is a dedicated Operations Manager at WebStreet, where he has utilized his engineering expertise and valuable experience in corporate America for several years.His transition into the vacation rental industry sparked a passion for generating passive income.During this exploration, Kyle came across Empire Flippers and their investing division, now known as WebStreet (formerly Empire Flippers Capital).He has been actively involved in various job roles such as engineering, marketing, legal, tax, and investor relations. Find Kyle on:Website: https://webstreet.co/LinkedIn: https://www.linkedin.com/in/kkuderew/Twitter: https://twitter.com/EFCap_KyleAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show

    194. Are Short Term Rentals in the Smokies Still Viable with Leslie Anne Morris

    Play Episode Listen Later May 31, 2023 41:34 Transcription Available


    Join Mike Cavaggioni with Leslie Anne Morris on the 194th episode of the Average Joe Finances Podcast. Leslie Anne shares her expertise and strategies to motivate others and create a passive income in short-term rentals. In this episode, you'll learn:Find the Who & Get Started in Real Estate Investing Current Environment in the Smoky Mountain Short-Term RentalsThe underwriting metrics of Passive Investing in Short Term RentalsWhy are there only 31% of women real estate investors and how can we change thisAnd so much more!About Leslie Anne Morris:Leslie Anne Morris began her Smoky Mountain investing journey while earning her MBA at the University of Southern California and working in Los Angeles as a commercial banker. For over twenty years, Leslie helped high-profile clients like SpaceX and closed a $50 million private equity deal. She applies the same underwriting strategy to building her growing real estate portfolio.From the minute she closed on her first investment cabin in 2019, she knew she had made the right choice. The cash flow allowed her to rapidly scale her portfolio to double digits and a value of $7 million in less than three years. Besides that, Leslie fell in love with Tennessee and moved there in 2020. She quickly founded two sister companies; a property acquisition company, Invest in the Smoky Mountains, and Josh's Cabins Management, a full-service property management company. Her one-stop shop allows out-of-state investors an opportunity to create passive income by offering concierge-style service to guests without the hassle of self-management. She travels extensively throughout the United States as a highly sought-after motivational speaker focusing on the incredibly lucrative short-term rental asset class. Recognizing the lack of women real estate investors, Leslie has made it her mission to be a driving force to empower women to begin real estate investing. She aims to empower 1,000 women to become millionaires by investing in short-term rentals. She has been featured on ABC, NBC, Fox, and CBS networks. In addition, she is a popular guest on highly-rated real estate podcasts and most recently was highlighted by the Tennessee Department of Tourism Board. Find Leslie on:Website: https://leslieannemorris.com/Instagram: https://www.instagram.com/leslie.anne.morris/Facebook: https://www.facebook.com/leslieannemorristn/LinkedIn: https://www.linkedin.com/in/leslieannemorris/Tiktok: https://www.tiktok.com/@leslieannemorris Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://themikecav.comREWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbconImportant Tools and Resources that I UseFinancial Resources: www.averagejoefinances.com/resourcesCRM Tool: www.averagejoefinances.com/crmPay Off Your Mortgage in 5-7 Years:www.theshredmethod.com/averagejoefinanceshttps://bit.ly/replaceyourmortgageFind a REALTOR® in any state: www.averagejoefinances.com/realtorMake Real Estate Investing Easier with DealMachine:www.averagejoefinances.com/dealmachinePodcast Hosting: www.averagejoefinances.com/buzzsproutPodcast Editing Services: www.editpods.com*DISCLAIMER* www.averagejoefinances.com/disclaimerSee our full episode transcripts here: www.averagejoefinancespod.com/episodesSupport the show