Planning for your retirement through passive income from Multi-Family Investing
Chris Kemp walked into the house one day and told his wife he just quit his job. With 2 young kids he needed to come up with a plan. With a degree in construction management he started building houses, developing land, flipping houses and eventually invested in multifamily apartments. Chris has built a solid portfolio throughout the years and continues to benefit from it.Chris gives great advice from lessons he has learned after more than 22 years in real estate. Things you should do and not to do. Listen in and learn from his mistakes and lesson learned along the way!Book recommendations: Traction by Gino WickmanGood to Great by Jack WelchWho Moved My Cheese by Spencer Johnson and Ken Blanchard2 Success Contributors:1. Be able to work hard2. Be willing to learn and adapt when things changeGood Way to Gain Financial Freedom:1. Buy a rental property!Where to find out more:https://legacyfreedompartners.com/https://www.chriskemprealty.com/
Bryan Powers and Zac Lawson have been friends since middle school and their skill sets are complementary. Brian is the visionary and is able to attract business opportunities and Zac executes. They credit much of their success to following the book Traction. This provides them the business structure that allows them to stay on track and to grow.They have a successful flipping business in Memphis. They also have a business that manufactures first aid spray used by Angler's called AnglerAid.com and other product that is safe enough to spray in your eyes but even kills Mersa called HOCLConnectors.com. Come listen to their journey from McDonalds franchises, flipping houses in Memphis, starting a first aid spray business.Book recommendation: Bryan’s favorite book: Investing in Real Estate by Gary Eldred - goes through lots of equations in real estate https://www.hoclconnectors.com/Rocket Fuel by Gino Wickman and Mark C. WintersZac’s book: Traction by Gino WickmanTheir business website: https://www.hoclconnectors.com/https://angleraid.com/ for HOCL first aid spray and https://angleraid.com/ for safety kits
Leigh Vastola Cowden has achieved many things in her life. She has served in the Air Force, became an attorney and moved to France. While living in France she started writing romance novels and is now living off the cash flow from these novels. (great passive income!). Currently she started Sparks Blackthorn Capital and is now investing in multifamily and storage investments. Book recommendation: Mindset by Carol DweckThe Miracle Morning by Hal ElrodWebsite: http://www.SparksBlackthornCapital.com
Shawn Winslow used to work in securities and talks about the dirty little secrets Wall Street doesn't want you to know! He saw the light and has moved out of that industry and into the multifamily world. He is now using this knowledge to help investors learn about mutlifamily investing. Book Recommendation: eMyth by Michael GerberTraction by Gino WinslowThe Real Estate Game by William PurviewMindset by Dr. Carol DweckWebsite: https://greenbriarcg.com/home or The Millenial Millionaire Podcast
Some great investment advice from the non-financial advisor.
Matt has been able to optimize the growth of his retirement through hard money lending. He goes over general IRS guidelines but each should consult their respective tax attorney.
Elizabeth Cordero grew up in Mexico and crossed the border when she was just 14 years old with her sister. She shares her harrowing experiences of how she came to the United States. She started her own residential and commercial cleaning company and went on to sell this profitable business. She turned to real estate investing and became a real estate agent and has done many deals. Come listen to her fascinating story about her struggles and how she came to be successful today. If she can do it you can too!Book recommendations:Making Money In Real Estate by Douglas GrayThe 10 Top Things Dead People Want To Tell You by Mike DooleyFinancial Freedom Tips:1. Get over your fears and keep moving forward.2. Tell yourself you can do it.http://www.corderoinvestmentsllc.com/
David Rosenbaum started out selling Yellow Page ads, selling phone service and medical services. He got the real estate bug and bought lots of courses and started out fixing and flipping single family homes. With no construction skills he figured out that flipping wasn't his game after losing some money. He dreamed of doing multifamily and made that dream come true. He found a deal and partnered with us to put the deal together and hasn't looked back ever since!Book Recommendations:Copy Your Way To Success by Corey PetersonTips for Success:1. Attitude and belief - stay the course!2. Be authentic and yourselfHow to reach out to David Rosenbaum:https://legacyfreedompartners.com/
Joe Mancuso started out in his teen years drinking, smoking, doing crack and stealing cars. He continued down that road and made a decision that ended up with him going to prison. But instead of letting prison set him back he used it to propel him forward and learn from his mistakes. After 11 years in prison Joe had become an expert welder. After getting out he was able to put those skills to good use and buy himself a home in California and marry a great woman. Listen in to hear Joe share his experiences and journey from prisoner to homeowner and learning to never look back.Book recommendations:Building Wealth One House At A Time by John SchaubFinancial Freedom Tips:1. Just Do It2. The majority of self-made millionaires are quick decision makers.3, Anything that comes easy in life is probably not worth it.4. I'm happy not because of what I have but because of who I have become.
Sean Thompson and his daughter Abigail are a father and daughter team investing in Texas and other states on their way to the cash flow life! They work together building their real estate portfolio. They started with single family homes and are now transitioning into investing in apartment buildings. They talk about the ins and outs of working together and how they do it. Their goal is cash flow to achieve financial freedom by using investors money to create a WIN-WIN-WIN situation for everyone.Book recommendations: Rich Dad Poor Dad by Robert Kiyosaki To Be Or Not To Be Intimidated by Robert RingerThe Obstacle Is The Way and Practical Stoicism by Ryan HolidayYou can find them here: https://thomsonmultifamilygroup.com/ and on their podcast Next Level American Dream
Corey Peterson is the mentor who got us started in multifamily investing both through investing and education. He is real and authentic as he shares his journey with us. You can learn so much about his mistakes and homeruns and where he has come from - a pool boy in Las Vegas and a farm in Missouri to a cashflowing multimillionaire who has time and money freedom. He hosts the Kahuna Boardroom which is fantastic education for learning the multifamily business. Corey has managed and acquired over $90 million in real estate across the country. He is the bestselling author of ͞Why The Rich Get Richer – The Secrets to Cash-Flowing Apartments͟ and host of the Multi-Family Legacy Podcast. He speaks around the country on this subject including at Harvard and Nasdaq.Corey is frequently featured on FOX, CBS, ABC, and NBC affiliates.Book recommendation: Richest Man In Babylon by George Clason. Corey Peterson’s book - Copy Your Way To SuccessWebsite: https://kahunainvestments.com/
Dakota's advice to millennial, stop thinking. Just do it. Do not wait to buy real estate. Buy real estate and wait. What people do not understand is it doesn't matter if they have half the skill of a 40-50 year old seasoned investor, because they have the one finite asset that you can not buy more of and that is time. You will be impressed with Dakota's tenacity and action taking. Learn about his journey and how he came to be the president of the Salt Lake Real Estate Investing Association today. If he can do it you can too! Listen in now.You can find out more about Dakota Worrell here:https://www.dwinvestors.com/
Darnell Stewart lives and invests in Indianapolis, Indiana. He has found financial freedom through 23 homes he owns and manages with Section 8 tenants. He explains why Section 8 isn't a bad way to go and the reasons why. Darnell has learned many lesson along the way and shares them with us in this episode. Be sure to listen in and learn from his great experience.Book Recommendations: Rich Dad Poor Dad by Robert Kiyosaki The Section 8 Bible: Volume 1, 2 and 3 by Mike McClean and Nick CiprianoHow to reach Darnell Stewart: https://bestmoveindy.com/
David and Patti Royster started investing in real estate in 1990. David took a stipend payment from his employer to buy a home in Washington State and they 1031'ed that property into several others. 4 children came along and their real estate investing got put on hold. During that time they had received $500k in stock options which they invested in the stock market per a financial planners advice and they almost lost it all. In 2014 David got laid off from corporate America and he would say, "it was the best day of his life!" Since then they have worked together full-time as a real estate couple and have recouped their losses and now own 300+ doors in the multifamily investing space. They are excited to help others learn about investing in apartments and the way it can create legacy wealth. (see www.RainingMoneyFreedom.com to learn more!) Be sure to listen to their story and many others so you can learn how to become "financially free" through investing in multifamily and start creating your own legacy wealth today.