Real Estate Investing Abundance

We'd love to hear from you. What are your thoughts and questions?In this episode, Dr. Allen Lomax interviews Tyler Vinson, CEO of ReTokens, about the future of wealth building through tokenization and blockchain technology in real estate. Tyler shares his personal journey through the 2008 financial crisis and how it inspired him to innovate in real estate investing. The conversation explores how tokenization can democratize access to real estate investments, enhance liquidity, and streamline the investment process. Tyler also discusses the regulatory landscape and the future of wealth building with digital assets.Main Points:The future of wealth is becoming more accessible through tokenization.Real estate investing can be as liquid as stock trading.Tyler Vinson's journey was shaped by the 2008 financial crisis.Tokenization allows for digital ownership of real estate.Blockchain technology enhances transparency and security in investments.Investors can now access real estate with lower capital requirements.The investment process is streamlined through digital platforms.Regulatory frameworks are adapting to accommodate tokenized assets.The secondary market will allow non-accredited investors access to investments.The future of wealth building will involve diverse digital assets.Connect with Tyler Vinson:troy@kitcaster.comhttps://retokens.com/https://linkedin.com/company/retokenshttps://www.linkedin.com/in/realestateinvestment/

We'd love to hear from you. What are your thoughts and questions?In this enlightening episode, Dr. Allen Lomax interviews Adam Bergman, a leading voice in the self-directed retirement industry. They discuss the transformative potential of self-directed IRAs, the misconceptions surrounding them, and the advantages of investing in alternative assets. Adam shares his journey from a tax lawyer to the founder of IRA Financial, emphasizing the importance of financial education and diversification in retirement planning. The conversation also covers the process of getting started with self-directed accounts, the rollover process, and the significance of understanding prohibited transactions.Main Points:Self-directed IRAs allow investment in alternative assets.Many professionals are unaware of self-directed IRAs.The private placement market is larger than public markets.Tax-free growth is a significant advantage of self-directed accounts.Diversification is crucial for reducing investment risk.Investors can control their financial future through self-direction.Education is key to unlocking retirement account potential.The rollover process for IRAs is straightforward and tax-free.Prohibited transactions must be understood to avoid penalties.Self-directed accounts can lead to greater investment opportunities.Connect with Adam Bergman:abergman@irafinancial.comhttps://www.irafinancial.com/https://www.youtube.com/@IRAFinancialhttps://www.linkedin.com/in/adambergman1

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Marc Adams shares his journey from facing a stage four cancer diagnosis to becoming a successful entrepreneur focused on helping others maximize their business value and achieve tax-free exits. He discusses the importance of preparing businesses for sale, the challenges faced by business owners, and the strategies for wealth creation. Marc emphasizes the need for entrepreneurs to understand the value of their businesses and the potential pitfalls that can lead to significant losses during the exit process. His personal story and insights provide a roadmap for others looking to create lasting legacies and financial freedom.Main Points: Marc Adams' journey began by accident, driven by a desire to help business owners.Many businesses do not sell for their desired price due to various market factors.COVID-19 and a cancer diagnosis prompted Marc to rethink his approach to business.Nine out of ten companies do not sell, which can leave families in financial distress.The importance of understanding the tax implications when selling a business is crucial.Marc's book, 'Secret to 10X in Your Business and Cashing Out Tax Free,' became a bestseller.Business owners can significantly increase their company's value through strategic growth.Acquisitions can be a fast track to doubling business size and value.Creating wealth is only half the battle; keeping it is equally important.Marc encourages entrepreneurs to share their wealth and knowledge to uplift others. Connect with Marc Adams:marc@acquisitions4you.comhttp://www.acquisitions4you.com/http://www.marcadams.io/http://www.linkedin.com/in/1marcadamsX: @marc1adams

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, host Allen Lomax interviews Andrew Reichert, CEO of Birgo Realty, who shares his inspiring journey from humble beginnings to successful real estate entrepreneur. Andrew discusses his first investment, overcoming personal adversities, and how these experiences shaped his leadership style. He emphasizes the importance of aligning personal purpose with business goals, motivating teams, and the lessons learned from scaling a business. Andrew also reflects on the challenges of making tough personnel decisions and the legacy he hopes to leave behind.Main Points: Andrew's journey began with humble beginnings and a mindset shift from 'Rich Dad Poor Dad'.His first investment was a duplex bought with no money down, leading to a portfolio of 20 units.Adversity shaped Andrew's leadership approach, emphasizing resilience and alignment with purpose.Real estate is a means to impact lives, not just a business.The book 'Priorities on Purpose' outlines a system for living with clarity and focus.Understanding the 'who' is crucial for personal and organizational success.Birgo Realty focuses on acquiring multifamily assets in Heartland cities.Burnout can indicate misalignment in personal and organizational goals.Scaling a business requires breaking and rebuilding systems as it grows.Making tough personnel decisions is essential for organizational health.Connect With Andrew Reichert:areichert@birgo.comhttps://www.birgo.com/https://www.linkedin.com/in/andrewreichert/https://www.facebook.com/birgocapital/https://www.instagram.com/birgocapital/https://www.youtube.com/channel/UC6MJimZWRKjyBK7DI4ANCmw

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Kelvin Bell, a distinguished toastmaster, investor, and business strategist. They discuss Kelvin's journey into entrepreneurship, key strategies for enhancing business valuation, innovative sales approaches, and effective profit margin strategies. Kelvin shares insights on navigating mergers and acquisitions, the consulting business model, and the importance of exit planning for small business owners. The conversation emphasizes the need for strategic planning and the potential for significant growth through thoughtful business practices.Main Points: Business owners often overlook exit strategies until it's too late.Retaining existing customers is more cost-effective than acquiring new ones.A well-structured management team is crucial for business valuation.Profit margins can be increased by adjusting pricing strategies.Mergers and acquisitions can double business size but require careful planning.Consulting for equity aligns the consultant's success with the business's growth.Standard operating procedures can alleviate the burden on business owners.Exit readiness is essential for maximizing business valuation.Transformational consulting can provide significant ROI for businesses.Quiet reflection can be a powerful tool for introverted entrepreneurs.Main Points: TopValue15.com GrowYourBusinessNow.infohttps://www.instagram.com/drkelvinbell/https://www.linkedin.com/in/kelvin-bell-investor/https://www.facebook.com/kelvin.bell.31945

We'd love to hear from you. What are your thoughts and questions?In this episode, Dr. Allen Lomax interviews Rick Abbiati, a U.S. Navy veteran who transitioned from a successful career in the defense industry to become a full-time real estate investor and coach. Rick shares his journey of overcoming challenges in real estate, the importance of mindset, and the significance of understanding one's 'why' in pursuing financial freedom. He emphasizes the value of community and accountability in achieving success and offers insights into the strategies that led to his impressive financial achievements in real estate.Main Points:Rick transitioned from a 40-year career in defense to real estate.He achieved financial freedom in just two years.Mindset and confidence were crucial to his success.Community support played a significant role in his journey.Understanding one's 'why' is essential for motivation.Rick's first deal earned him $90,000 with no money down.He emphasizes the importance of persistence and drive.Coaching others brings him great satisfaction.Surrounding yourself with committed individuals is key.Rick would have committed to the highest coaching level sooner.Connect with Rick Abbiati:rick@smartrealestatecoach.comhttps://smartrealestatecoach.com/https://www.linkedin.com/company/wickedsmartinc/https://www.facebook.com/smartrealestatecoachhttps://www.instagram.com/smartrealestatecoachhttps://www.youtube.com/@wickedsmartinchttps://www.tiktok.com/@wickedsmartinc

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Allen Lomax interviews Jack Martin, co-founder of 5210, an investment firm specializing in mobile home parks. They discuss the often misunderstood asset class of mobile home parks, highlighting their stability, cash flow potential, and recession resistance. Jack shares his journey into mobile home park investing, the unique characteristics of mobile homes, and the importance of tenant ownership. The conversation also covers the challenges of financing mobile homes and the value proposition for investors in this niche market.Main Points: Mobile home parks are a high yield investment.Tenants in mobile home parks typically own their homes.The eviction rate in mobile home parks is very low.Mobile homes today are built with modern materials.The stability of cash flow in mobile home parks is significant.Investors can benefit from substantial passive losses.Chattel financing is a challenge for mobile home buyers.Mobile home parks are recession resistant assets.The transition from park-owned to tenant-owned homes is crucial.Quality renovations can change the culture of a mobile home park.Connect With Jack Martin:jack@52TEN.comhttps://52ten.com/https://www.linkedin.com/in/jack-martin-52ten/https://www.facebook.com/52TENInvestments/https://www.youtube.com/channel/UCK9mmKx4H8tHQz1kt0k3_Hw

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Dr. Allen Lomax interviews Fernando Angelucci, a seasoned self-storage syndicator, who shares his journey from traditional employment to becoming a successful real estate entrepreneur. The discussion covers various investment strategies in self-storage, including tax mitigation techniques, the advantages of being a limited partner, and the nuances of financing high-value off-market opportunities. Angelucci also explains the differences between equity and debt investing, the trend of converting big box retail spaces into self-storage facilities, and provides an optimistic outlook for the self-storage industry in the coming years.Main Points: Fernando Angelucci transitioned from a traditional job to real estate investing.Self-storage offers unique advantages like no tenants or maintenance.Tax strategies can significantly enhance returns in self-storage investments.Being a limited partner reduces risk and provides passive income.Financing strategies are crucial in acquiring off-market storage opportunities.Understanding the capital stack is essential for investors.Converting retail spaces to self-storage is a growing trend.Self-storage has shown resilience during economic downturns.The self-storage industry is expected to see continued growth.Investing in self-storage can provide better returns than the stock market.Connect with Fernando Angelucci:fernando@SSSE.comhttp://www.ssse.com/https://www.linkedin.com/in/thestoragestud/https://www.facebook.com/TheStorageStud/https://www.instagram.com/thestoragestudhttps://twitter.com/thestoragestud?lang=bn

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Kris Reid, an international real estate consultant and founder of a leading real estate podcast network. Kris shares his journey from being a software engineer to becoming an SEO expert, and eventually transitioning into real estate and podcasting. He discusses the unique advantages of podcasting for building referral networks in real estate, the importance of niche content, and how podcasting can benefit passive investors. Kris also reflects on his experiences living in different countries and the freedom that comes with running an online business. He concludes with advice for aspiring podcasters, emphasizing the need for consistency and passion in their endeavors.Main Points: Kris transitioned from software engineering to SEO and then to real estate.Podcasting has become a powerful tool for building relationships in real estate.87% of real estate transactions come from referrals, highlighting the importance of networking.Creating niche-specific content can attract the right audience.Podcasting can help passive investors connect with opportunities.Living abroad has provided Kris with a unique perspective on business and lifestyle.Online businesses offer more flexibility and lower startup costs compared to traditional businesses.Most podcasts fail within the first few episodes due to lack of monetization.Consistency is key in building a successful podcast or business.Finding and following your passion is essential for long-term success.Connect with Kris Reid:https://linkedin.com/in/krisreidre/https://www.facebook.com/IconsOfRealEstatehttps://www.instagram.com/iconsofrealestatehttps://www.youtube.com/@iconsofrealestatehttps://www.tiktok.com/@iconsofrealestatehttps://iconsofrealestate.com/framework

We'd love to hear from you. What are your thoughts and questions?In this conversation, Dr. Allen Lomax and Bill Westrom delve into the complexities of family finances, exploring Bill's unique journey into financial strategy and the revolutionary concept of Credit Line Banking. They discuss the alarming state of consumer debt in America, the misconceptions surrounding traditional financial advice, and the importance of understanding money flow within the economy. Bill emphasizes the need for a paradigm shift in how individuals manage their finances, advocating for education over mere assistance in financial matters. In this conversation, Bill discusses the flaws in the traditional banking system and presents his innovative approach to managing money through 'Credit Line Banking.' He emphasizes the importance of changing the flow of money, understanding sweep accounts, and leveraging financial strategies to reduce debt and interest costs. Bill also outlines his unique service offering, which includes a personalized approach to financial education and a six-month guarantee for his clients.Main Points: Bill Westrom's journey into financial strategy was accidental but driven by passion.Teaching financial literacy is more impactful than simply providing help.The economy's health is directly tied to individual money flow.Consumer debt in America has reached alarming levels, with many struggling to manage it.Debt is often misunderstood; it's the repayment terms that create issues.Traditional financial advice may not serve the best interests of consumers.Understanding the real cost of debt is crucial for financial health.The average American faces significant deductions from their income due to taxes and debt payments.Financial strategies should be reevaluated to better serve consumers' needs.The banking system operates on a model that may not be transparent to consumers. Bankers often operate like hedge funds, focusing solely on profit.Changing the flow of money is key to financial success.Interest rates are less important than the balance owed.Sweep accounts can help manage idle money effectively.Consumer banking strategies can be enhanced by executive banking techniques.Establishing a 'bill payday' simplifies financial management.Manipulating the flow of money can lead to significant interest savings.Bill's service is personalized and focuses on individual financial situations.A six-month guarantee ensures accountability in Bill's program.Continuous learning is essential for financial empowerment.Connect with Bill Westrom:bill@truthinequity.comhttps://truthinequity.comhttps://www.linkedin.com/in/bill-westrom-49898317/https://www.facebook.com/bill.westrom.9/https://x.com/billyjelly?lang=bg

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Rob Haynie, a leading expert in life settlements, shares his journey and insights into how life insurance policies can be transformed into valuable financial assets. He discusses the evolution of the life settlement industry, the process of selling life insurance policies, and the significant financial benefits that can be realized. The conversation emphasizes the importance of awareness among seniors and financial advisors regarding the potential of life settlements as a financial planning tool.Main Points:Life insurance policies can be valuable financial assets.Many people are unaware of the life settlement option.Seniors often need income or long-term care funding.Life settlements can provide significantly more than cash surrender value.The life settlement industry is regulated in most states.Investors in life settlements include institutional capital funds.Life settlements can help improve financial outcomes for seniors.Financial advisors should review clients' life insurance policies regularly.Retained death benefits can be structured in life settlements.The life settlement industry has a strong track record with zero consumer complaints.Connect With Rob Haynie:rob@lisettlements.comhttps://www.lisettlements.comhttps://www.linkedin.com/in/rob-haynie-08656b9/https://www.facebook.com/rob.haynie.3https://www.instagram.com/johnrobhaynie/

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, host Dr. Allen Lomax speaks with financial expert Drew Boyer about the intersection of personal finance and music, particularly hip hop. Drew shares his journey from a young intern during the tech bubble burst to becoming a certified financial planner. The conversation covers common financial mistakes, the burden of student loans, and the importance of finding genuine financial advisors. Drew emphasizes the need for financial literacy, planning, and the importance of investing in oneself. He also discusses his book, 'HipHopxFinance,' which aims to make personal finance accessible and engaging through the lens of music.Main Points:Drew's journey into finance began during a challenging market.The influence of hip hop culture on financial ambition is significant.Common financial mistakes include excessive student loan debt and credit card misuse.Planning ahead is crucial to avoid debt traps.Financial literacy is essential for navigating modern financial challenges.Finding a genuine financial advisor is key to successful planning.Debt remediation can be achieved through negotiation and planning.Investing in knowledge is the best investment one can make.Personal finance should be engaging and relatable.Combining passions can lead to fulfilling career paths.Connect With Drew Boyer:drew@boyerfinancialgroup.comhttps://hiphopxfinance.com/https://www.facebook.com/hiphopxfinancehttps://www.instagram.com/hiphopxfinance/https://www.instagram.com/drewboyer78/

We'd love to hear from you. What are your thoughts and questions?In this conversation, Ashutosh Garg shares his remarkable journey from a military background to becoming a successful entrepreneur and author. He discusses his experiences in international business, the significance of the Indian diaspora, and the evolving perspectives on immigration. Ashutosh also delves into his insights on management wisdom derived from Indic scriptures and reflects on the lessons learned from his father, emphasizing the importance of fatherhood in personal development.Main Points:Ashutosh Garg's journey spans multiple countries and industries.He emphasizes the importance of education in Indian culture.The Indian diaspora has significantly contributed to global economies.Ashutosh's podcast aims to create a digital library of knowledge.His books focus on management wisdom and personal development.Diversity, equity, and inclusion are critical in modern organizations.The role of a father is crucial yet often overlooked.Ashutosh's experiences in healthcare have shaped his entrepreneurial path.India's economy is rapidly growing and evolving.Writing has been a transformative process for Ashutosh.Connect with Ashutosh Garg:https://www.equationcoaching.com/gargashutosh@gmail.comhttps://www.linkedin.com/in/coach-ashutoshgarg/https://www.facebook.com/TheBrandCalledYou/

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Brian Kiczula, an expert in cost segregation and depreciation acceleration. Brian shares his journey from the mortgage industry to specializing in cost segregation, explaining how it helps real estate investors maximize cash flow through strategic tax deductions. The conversation covers the intricacies of cost segregation, including what properties qualify, the benefits and drawbacks, and the importance of understanding IRS guidelines. Brian also discusses bonus depreciation and the potential for lookback studies, emphasizing the need for investors to consult with their tax advisors to make informed decisions.Main Points:Cost segregation allows for accelerated depreciation on real estate assets.Investors can benefit from understanding the components of their properties.Not all improvements are depreciable; proper classification is key.Bonus depreciation can significantly impact investment decisions.Lookback studies can help recover missed depreciation from prior years.Consulting with a CPA is crucial for maximizing tax benefits.Cost segregation studies can be beneficial for both small and large property owners.Understanding the timeline of property ownership is important for tax strategy.Investors should be proactive in seeking cost segregation benefits.The landscape of tax laws can change, impacting depreciation strategies.Connect with Brian Kiczula:brian@costsegrx.comhttps://www.realestateexplainer.com

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Adrienne Green, a seasoned real estate investor and systems expert. Adrienne shares her journey from house hacking to building a multi-million dollar real estate portfolio. She discusses the importance of mindset shifts, the challenges of implementing systems and virtual assistants, and the creation of a course to help others navigate the complexities of real estate investing. The conversation emphasizes the need for continuous growth and adaptation in the real estate business.Main Points:Adrienne's journey began with house hacking, leading to passive income.Mindset shifts are crucial for growth in real estate investing.Leveraging virtual assistants can free up time for investors.Implementation involves trial and error, with a focus on systems.Creating SOPs is essential for managing virtual assistants effectively.Continuous evaluation of business performance is necessary for success.Mistakes are part of the learning process in real estate.Networking and learning from others can accelerate growth.Technology can streamline processes and improve efficiency.Having a clear vision and accountability is key to achieving goals.Connect with Adrienne Green:adrienne@adriennegreen.comhttps://adriennegreen.com/https://www.facebook.com/ARealGreen123/https://www.instagram.com/arealgreenhttps://www.linkedin.com/in/arealgreen/

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Allen Lomax and Kelle Sparta delve into the intersection of spiritual coaching and business mentorship. Kelle shares her journey from a childhood steeped in spiritual practices to becoming a transformational coach for spiritual entrepreneurs. The discussion explores the importance of energetics in business leadership, the common energy blocks that hinder success, and transformative case studies that illustrate the power of energy clearing in business. Kelle emphasizes the need for leaders to align their personal energy with their business to foster growth and success. In this conversation, Kelle Sparta discusses the importance of intuitive decision-making in business, the role of energetic alignment, and how to navigate the complexities of modern economic shifts. She emphasizes the need for balance between masculine and feminine energies, the significance of collective consciousness, and the necessity of managing fear within teams. Kelle also shares insights on empath skills and the importance of surrendering to guidance for personal and professional growth.Main Points: Kelle Sparta's journey into spiritual coaching began in childhood.Combining spiritual growth with business insights is essential for success.Energetics play a crucial role in business leadership.Women often gestate their businesses within their energy fields.Energy blocks can stem from personal, ancestral, and past life issues.Imposter syndrome and self-love are common energy blocks.Negotiating with your inner child can lead to business breakthroughs.Ongoing energetic work is necessary for sustained success.Understanding the energetics of your business can prevent stagnation.Transformative case studies highlight the impact of energy clearing. Intuition can reveal hidden financial issues in businesses.Energetic alignment is crucial for successful business decisions.Understanding collective consciousness can help in market trend analysis.Surrendering to guidance can lead to better decision-making.Empaths need to manage their energy to avoid overwhelm.Chaos in the market can present opportunities for growth.Leaders must manage fear within their teams for better outcomes.The quality of questions determines the quality of answers in energy work.Balance between masculine and feminine energies is essential for stability.Preparation for feast and famine cycles is key in business. Get your Executive Summary of Kelle's upcoming book The Spiritual CEO: Unlock Energetic Alignment for 6-, 7-, and 8-Figure Success that outlines all of the spiritual issues that can impact your business.Connect with Kelle Sparta:kelle@kellesparta.comhttp://www.KelleSparta.comhttps://www.linkedin.com/in/kellesparta/https://www.facebook.com/kellespartahttps://www.instagram.com/kellesparta/https://www.youtube.com/channel/UC0jXbllhVlDcHRqMSQpR2DQtiktok: @KelleSparta

We'd love to hear from you. What are your thoughts and questions?In this conversation, Chris Prefontaine discusses innovative strategies for buying and selling real estate without traditional financing methods. He emphasizes the importance of owner financing, the three payday system, and the interactive mentorship model that supports aspiring investors in transitioning from their jobs to real estate careers. The discussion also covers the challenges of entrepreneurship, the significance of having a predictable plan, and the potential opportunities in the real estate market during times of chaos.Main Points: Buying on terms means not using banks or personal cash.Owner financing allows for monthly principal-only payments.Transitioning from a job to real estate requires a predictable plan.Interactive mentorship provides real-time support for students.The three payday system offers multiple income streams from deals.Market chaos creates opportunities for creative real estate strategies.Success rates for tenant buyers are high with proper qualification.Challenges in entrepreneurship often stem from mindset shifts.Free resources are available for those interested in real estate.A minimal marketing budget can lead to successful deals.Connect with Chris Prefontaine:www.wickedsmartbooks.com/abundance1chris@smartrealestatecoach.com

We'd love to hear from you. What are your thoughts and questions?In this conversation, Dr. Allen Lomax shares his journey from personal struggles to financial stability, emphasizing the importance of commercial real estate investing for retirement planning. He discusses overcoming challenges, the impact of mental health on financial decisions, and how his program helps clients achieve financial freedom through strategic investments.Main points: Financial security can feel fragile even after years of hard work.Personal struggles can lead to transformative moments in life.Commercial real estate offers greater stability and passive income.Understanding your values is crucial for retirement planning.Wealthy individuals make their money work for them through investments.Therapy and self-understanding can lead to personal growth.Investing in appreciating assets is key to financial success.Clients experience peace of mind with financial freedom.It's important to assess your financial situation regularly.Creating a legacy involves thoughtful planning and investment.

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Dr. Allen Lomax interviews Mark Podolsky, known as the Land Geek, who shares his transformative journey from a stressful investment banking career to becoming a successful land investor. Mark discusses the principles of passive income through land investing, the importance of personal growth, and the lessons learned from both successes and failures in his business. He emphasizes the significance of helping others achieve financial freedom and the role of education in navigating the land investment landscape.Main Points: Mark Podolsky transitioned from investment banking to land investing for freedom.He achieved significant financial success through land flipping.Helping others escape economic dependency is Mark's true passion.Material possessions did not bring lasting happiness to Mark.Therapy helped Mark realize the importance of internal fulfillment.The journey of personal growth is ongoing and essential.Mark emphasizes the importance of humility in business.Passive income can provide financial security and freedom.Education is crucial for success in land investing.Mark offers resources for aspiring land investors.Connect with Mark Podolsky:mark@thelandgeek.comwww.thelandgeek.comhttps://landgeek.samcart.com/products/dirt-rich?utm_source=dr-alex-schole&utm_medium=podcasthttps://www.linkedin.com/in/thelandgeek https://www.instagram.com/thelandgeek/https://www.facebook.com/thelandgeek/https://www.youtube.com/@TheLandGeek/

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, host Allen Lomax engages with Krista Reuther, Senior Education Content Manager at TurboTenant. They discuss Krista's journey from childhood experiences of bullying and trauma to her passion for empowering others through writing and mental health advocacy. Krista shares her insights on the importance of speaking up, the impact of her suicide prevention blog, and her current work in educating landlords. The conversation emphasizes the significance of breaking barriers and challenging mindsets to achieve financial freedom and personal growth.Main Points:The importance of speaking up for others.Small actions can lead to significant impacts.Writing can be a powerful tool for healing.Mental health advocacy is crucial for community support.Empowering others can create lasting change.Everyone has the potential to achieve financial freedom.Challenging societal structures can lead to personal growth.Education is key to overcoming barriers in real estate.Authenticity can inspire and empower others.Support systems are vital for personal development.Connect with Krista Reuther:https://www.turbotenant.com/https://www.linkedin.com/in/krista-reuther-writer/https://www.facebook.com/turbotenant/https://www.instagram.com/turbotenanthttps://x.com/turbotenant/https://www.youtube.com/c/turbotenanthttps://www.tiktok.com/@turbotenant

We'd love to hear from you. What are your thoughts and questions?In this conversation, Michael Albaum shares his inspiring journey into real estate investing, detailing the pivotal moments that ignited his passion and the challenges he faced along the way. He discusses the common fears and misconceptions surrounding real estate, emphasizing the importance of education and mentorship in overcoming these barriers. Michael introduces his program, MyFi Academy, designed to help new investors navigate the complexities of real estate investing and achieve financial independence. He also reflects on his experiences with his first investment deal and the lessons learned from navigating challenges in the industry.Main Points:Michael's journey began with his first real estate deal over a decade ago.Many people have misconceptions about real estate investing due to past experiences.Education and understanding risks are crucial for successful investing.MyFi Academy aims to help new investors get started in real estate.Choosing a mentor with current experience is vital for success.Investing in real estate can be done with minimal capital.Consolidating investments in one market can lead to better results.Real estate investing requires a mindset shift to overcome fears.Challenges in real estate can be managed with the right knowledge and support.Building a network is essential for successful investing.Connect with Michael Albaum:https://www.myfiacademy.com/https://www.linkedin.com/in/michaelalbaum/https://www.instagram.com/myfimike/https://x.com/MichaelAlbaumhttps://www.youtube.com/@TheRemoteInvestor

We'd love to hear from you. What are your thoughts and questions?In this conversation, Dr. Allen Lomax discusses the financial challenges faced by LGBTQI+ professionals and presents a transformative approach to achieving financial freedom through commercial real estate investing. He shares his personal journey of overcoming adversity, the importance of passive income, and practical tips for aligning financial goals with personal values. The conversation emphasizes the need for community support and education in navigating financial landscapes, ultimately encouraging listeners to take proactive steps towards securing their financial futures.Main Points: Many successful professionals feel financial insecurity.Passive income can provide true financial freedom.Commercial real estate offers more stability than single-family investments.Aligning values with financial goals is crucial for success.Understanding your financial situation is key to investment strategy.Wealthy individuals make money work for them, rather than working for money.Education and support are essential for financial empowerment.Investing in commercial real estate can yield significant returns.Community advocacy is enhanced by financial stability.Taking action today can lead to a more secure future.

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Chris Larsen shares his transformative journey from a career in engineering and medical devices to becoming a successful real estate investor. He emphasizes the importance of financial independence, the role of money in achieving a fulfilling life, and the value of time. Chris discusses his initial foray into real estate through house hacking and how he scaled his investments into syndications, including apartments, mobile home parks, and car washes. The conversation highlights the holistic approach to investing, focusing on both financial success and personal fulfillment.Main points: Chris Larsen transitioned from engineering to real estate investing.He emphasizes a holistic approach to financial independence.Money is a means to achieve freedom and pursue passions.Life's challenges can lead to personal growth and new paths.The importance of valuing time over just accumulating wealth.Real estate syndication offers scalable investment opportunities.Diverse asset classes can enhance investment returns.Value-add strategies can significantly increase property value.Investing in affordable housing can meet community needs.Personal experiences shape investment philosophies and strategies.Connect with Chris Larsen:chris@nextlevelincome.comhttps://www.youtube.com/@thenextlevelincomeshowhttps://www.linkedin.com/in/nextlevelincome/A copy of my book for free: https://nextlevelincome.com/book/

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Dr. Allen Lomax speaks with Kurt Volkman, a visionary leader in sustainable urban planning and architecture. They explore the importance of smart building design, the challenges of navigating sustainability controversies, and the potential for renovating older buildings to meet modern standards. Kurt shares insights on integrating wellness into design, addressing toxic materials, and the evolution of building practices, including modular construction. The discussion also touches on the impact of sustainable design on communities and strategies to combat gentrification. Kurt emphasizes the need for adaptability in the face of industry challenges, highlighting the importance of being intellectually curious and responsive to market demands.Main Points:Sustainability requires early decision-making to minimize costs.Comfort in living spaces significantly impacts tenant retention.Renovating older buildings to modern standards is feasible.Sustainable projects can command higher rents in the market.Natural materials are preferable to reduce toxic off-gassing.Intellectual curiosity drives innovation in architecture.Modular construction offers speed and efficiency in building.Community design should prioritize foot traffic and accessibility.Gentrification can be mitigated through inclusive planning.Adaptability is crucial in navigating industry challenges.Connect with Kurt Volkman:https://www.linkedin.com/in/kurt-volkman-b479a47/

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Anne Gannon shares her journey from competitive golfer to founder of the Largo Group, an accounting firm dedicated to empowering small business owners. She discusses the critical role of mindset in business success, the importance of diversification, particularly through short-term rentals, and the need for business owners to understand their tax obligations. Anne emphasizes the value of having a proactive approach to financial planning and the significance of resilience in overcoming life's challenges.Main Points:Mindset is crucial for business success.Diversification can protect businesses during crises.Short-term rentals offer tax advantages.Understanding taxes is essential for business owners.Effective tax rates influence business decisions.Business owners should be proactive, not reactive.Planning for the future is vital for success.Resilience is a key trait of successful entrepreneurs.Life is short; take action now.The Largo Group offers a unique flat fee approach.Connect with Anne Gannon:https://www.accelerator-method.com/str-accelerator-benefitshttps://www.linkedin.com/in/anne-gannon-529107148/https://www.facebook.com/profile.php?id=100095441858241https://www.instagram.com/acceleratormethod/https://www.youtube.com/@AcceleratorMethodhttps://www.thelargogroup.com/shotmaker-podcast

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Stacy Oliver, founder and CEO of SoulStream Media LLC, shares her inspiring journey into the world of wellness publishing. With over 30 years of experience, she discusses the creation of MindBodySoul magazine, targeting affluent women, and the emotional connections to health and wellness. Stacy reflects on her personal challenges, including the loss of her first husband and navigating divorce, emphasizing the importance of community, support, and taking risks in business and life. The conversation highlights the significance of emotional health in physical wellness and the continuous journey of personal growth.Main Points:Stacy Oliver has over 30 years of experience in publishing health magazines.The idea for MindBodySoul magazine came from a personal tragedy.Targeting affluent women allows for a unique advertising model.Emotional health is crucial to physical wellness.Stacy emphasizes the importance of community and support in personal growth.Taking risks is essential for success in business.Stacy's journey reflects a deep desire for independence and health.The magazine serves as a resource for women seeking wellness and beauty.Stacy's business model supports affiliate publishers in various cities.Personal challenges can lead to significant growth and transformation. Connect with Stacy Oliver:https://mindbodysoul.media/https://www.facebook.com/mindbodysoulmagazinehttps://www.linkedin.com/in/stacy-oliver-5bb55929b/https://www.instagram.com/mind.body.soul.mag/?hl=en

We'd love to hear from you. What are your thoughts and questions?In this engaging conversation, Phil Better shares his journey from a curious podcast listener to a successful podcast mogul. He discusses the influence of his childhood, particularly the impact of his godfather, and how it shaped his outlook on life and business. Phil delves into the evolution of podcasting, the importance of monetization, and how he helps others achieve passive income through their podcasts. He emphasizes the significance of networking among entrepreneurs and shares valuable insights gained from interviewing over a hundred entrepreneurs. Finally, Phil opens up about his personal struggles with burnout and the transformative power of therapy, highlighting the importance of investing in oneself for personal growth.Main Points:Phil Better's journey into podcasting began in 2014.His godfather's influence taught him the importance of joy and laughter.Podcasting can be a vehicle for passive income.Networking is crucial for entrepreneurs' success.Burnout can lead to personal transformation and growth.Monetization strategies have evolved in the podcasting space.Entrepreneurs often feel unprepared for the challenges they face.Phil helps others monetize their podcasts effectively.Investing in oneself is key to personal development.The podcasting community is still relatively small compared to other media. Connect with Philip Better:philbetterinc@gmail.comwww.thepodcastmogul.comhttps://www.linkedin.com/in/thepodcastmogul/https://www.facebook.com/PhilBetterhttps://www.instagram.com/ThePodcastMogul

We'd love to hear from you. What are your thoughts and questions?In this enlightening conversation, Brett Riggins shares his extensive experience in real estate, discussing the challenges and lessons learned from his early investments. He emphasizes the importance of location, market dynamics, and the mindset required for successful investing. Brett introduces the Physician Wealth System, designed to help high-income earners navigate real estate investments effectively. The discussion also delves into the definition of wealth, personal freedom, and the significance of self-awareness in achieving financial success.Main Points:Brett's journey in real estate began in 2007, filled with mistakes and learning experiences.Location is crucial in real estate investment; understanding local dynamics is key.Economic conditions can impact investment decisions, but opportunities always exist.The Physician Wealth System helps high-income earners invest in real estate effectively.Mindset plays a significant role in wealth creation and personal development.Wealth is subjective and can be defined by personal freedom and gratitude.Surrounding oneself with the right people is essential for growth and learning.Self-awareness is the first step towards self-development and overcoming limiting beliefs.Happiness is a choice and can be cultivated through positive thinking.Contentment without complacency is a vital aspect of true wealth.Connect with Brett Riggins:https://www.linkedin.com/in/brettriggins/https://www.facebook.com/brett.riggins.9https://www.instagram.com/nnbrett/https://twitter.com/nnbrettrigginshttps://www.youtube.com/@PhysicianWealthSystems

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Allen Lomax engages with Patrick Touhey, a dynamic leader and author, who shares his inspiring journey from a challenging childhood marked by abuse and poverty to becoming a successful entrepreneur and advocate for personal development. Patrick discusses the importance of intrinsic motivation, self-discovery, and the power of relationships in achieving success. He emphasizes the need for self-love and compassion, and how his experiences shaped his approach to coaching and leadership. The conversation culminates in a touching tribute to his brother, whose support and legacy continue to inspire Patrick's work.Main Points:Empowerment comes from unlocking one's full potential.Relationships are crucial for success in life and sports.Overcoming adversity requires determination and perseverance.Self-reflection is key to personal growth.Contentment and peace are internal journeys.Fear of poverty can drive success but also lead to stress.True self-worth is not tied to external achievements.Support from family can change one's perspective on life.Creating a vibrant environment fosters connection and joy.Legacy and love can inspire transformative journeys.Connect With Patrick Touhey:https://www.linkedin.com/in/patrick-touhey-82a57a78https://www.facebook.com/profile.php?id=61560858572377

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Jake Clopton, a seasoned entrepreneur and expert in commercial real estate. They discuss the current macro trends affecting the real estate market, the impact of interest rates, and the opportunities available for investors. Clopton emphasizes the importance of understanding different property segments, the risks associated with various investments, and the significance of capital sources in real estate transactions. The conversation also covers strategies for raising capital and navigating regulations in the real estate sector.Main Points:Interest rates are currently peaking and may decline soon.COVID-19 has accelerated existing macro trends in real estate.The bid-ask spread is a significant challenge in the current market.Multifamily housing remains a strong investment opportunity.Investors should be cautious with high-leverage short-term loans.Geopolitical events can impact local real estate markets.Understanding demographics is crucial for real estate investments.Mobile home parks require specialized operational expertise.Hospitality and assisted living facilities carry higher operational risks.Raising capital requires understanding the type of investment structure. Connect with Jake Clopton:https://cloptoncapital.com/jclopton@cloptoncapital.comhttps://www.linkedin.com/in/jakeclopton1/https://www.facebook.com/CloptonCapital/https://www.instagram.com/cloptoncapital1/

We'd love to hear from you. What are your thoughts and questions?In this conversation, Christian Osgood shares his inspiring journey from a modest start in real estate to building a portfolio of over 200 rental units in just three years. After a wake-up call in 2020, he shifted his focus to multifamily investments and creative financing strategies, emphasizing the importance of opportunity over money. He discusses the differences between single-family and multifamily investments, the lessons learned from his experiences, and the evolution of his mentorship program, Multifamily Strategy, which aims to help aspiring investors achieve financial independence.Main Points:Christian's journey began with a goal to retire his wife.He transformed two duplexes into a portfolio of 200 rentals.The shift to multifamily investments was crucial for scaling.Understanding the difference between commercial and residential financing is key.Lessons learned include the importance of focusing on core business.The resort investment was a costly distraction.Negotiation skills are vital in real estate deals.Community and mentorship play a significant role in success.Creative finance strategies can lead to significant growth.Success in real estate requires a focus on opportunities.

We'd love to hear from you. What are your thoughts and questions?In this episode of Streams to Impact, Dr. Allen Lomax interviews Greg Mohr, a franchise consultant with extensive experience in the franchising industry. The conversation explores the benefits of franchising for real estate investors, the different types of franchises available, and the investment levels required. Greg shares insights on the investigation process for potential franchisees, common mistakes to avoid, and the importance of due diligence. The episode emphasizes the potential for passive income through franchising and the various growth opportunities available within the franchise model.Main Points:Diversification in investments helps mitigate risks.Franchising can provide a steady income stream for real estate investors.Understanding the franchise model is crucial for success.Real estate investors often have skills that translate well to franchising.It's important to research and avoid popular trends in franchising.Franchises can be funded easily due to their proven track record.There are various types of franchises, including service and brick-and-mortar.Investing in a franchise can lead to significant income growth.The investigation process for franchises is similar to real estate due diligence.Building relationships with existing franchisees is key to success.Connect with Greg Mohr:greg@franchisemaven.comhttps://www.linkedin.com/in/gregorykmohr/https://www.instagram.com/franchisemavenhttps://www.franchisemaven.com/https://www.facebook.com/FranchiseMaven/

We'd love to hear from you. What are your thoughts and questions?Tessa Greenspan shares her inspiring journey from poverty to success as a business owner. She turned a struggling supermarket into a thriving business, using creativity, resilience, and a deep understanding of her community. Tessa emphasizes the importance of knowing one's story and the events that shape our lives. She also highlights the significance of being creative, finding a niche, and filling it. Tessa's leadership style focused on treating employees as valued members of the team and involving them in the success of the business. She shares her wisdom through mentoring and coaching services.Main points: Know your story and the events that shape your lifeBe creative, find a niche, and fill itTreat employees as valued members of the teamInvolve employees in the success of the businessMentor and coach others to help them reach their potentialConnect with Tessa Greenspan:http://TessaGreenspan.comtessa2525@gmail.comfacebook.com/tessa.greenspaninstagram.com/tessa.greenspan.officialLinkedin.com/in/tessagreenspan

We'd love to hear from you. What are your thoughts and questions?In this conversation, Tina Paulus-Krause shares her personal journey of transformation and how it shaped her approach to leadership and personal development. She emphasizes the importance of clarity, intention, discipline, energy, and reset in the process of personal growth. Tina also discusses the future of leadership development and the need for this work to be available to everyone, especially young people. She highlights the power of self-awareness and the potential of the younger generation to make a positive impact on the world.Main Points: Transformation begins with self-awareness and a willingness to let go of what isn't working in your life.Clarity, intention, discipline, energy, and reset are key strategies for personal growth and leadership development.The future of leadership development lies in making this work available to everyone, especially young people.Young people have the potential to make a positive impact on the world if given the opportunity to develop self-awareness and leadership skills.Listening to our intuition and changing the narrative of our inner voice can lead to personal transformation and self-empowerment.Connect with Tina Paulus-Krause:tina@tinapauluskrause.comhttps://www.linkedin.com/in/tina-paulus-krause/https://www.instagram.com/coachtpk/https://www.facebook.com/tina.paulus/

We'd love to hear from you. What are your thoughts and questions?Alex Verville shares his journey of self-discovery and finding his authentic path. He discusses the importance of removing external identities and masks to connect with our true selves. Alex also talks about the process of coming out and the unnecessary pressure society puts on individuals. He emphasizes the need to find purpose and meaning in life and the constant questioning that comes with it. Alex and his wife founded the Era Society, a space for founders and seekers to explore their personal and business growth. The key takeaway is to surrender and let go of control to find alignment and authenticity.Main Points:Remove external identities and masks to connect with your true selfQuestion societal expectations and unnecessary pressuresFind purpose and meaning in life through self-discoverySurrender and let go of control to find alignment and authenticityConnect with Alex:https://erahsociety.com/newsletterhi@erahsociety.comhttps://www.instagram.com/iamthewholeman/https://www.linkedin.com/in/alex-verville/

We'd love to hear from you. What are your thoughts and questions?Streams to Impact is a podcast that empowers professionals to develop multiple streams of passive income through commercial real estate investing. The show features interviews with successful professionals who are making a meaningful impact on the world. The host, Allen Lomax, shares his personal journey of transformation and how he found his passion for real estate investing. He explains the five components of real estate investing that make it an ideal wealth development vehicle: income, depreciation, equity, appreciation, and leverage. The podcast also offers an educational and coaching program to help professionals enter the world of commercial real estate investing.Main Points: Streams to Impact empowers professionals to develop multiple streams of passive income through commercial real estate investing.Real estate investing is an ideal wealth development vehicle due to its five components: income, depreciation, equity, appreciation, and leverage.The podcast offers an educational and coaching program to help professionals enter the world of commercial real estate investing.Successful professionals share their stories and strategies for making a meaningful impact on the world.Connect with Allen Lomax:https://www.linkedin.com/in/allenlomax/https://www.facebook.com/allen.lomax/https://www.instagram.com/steedtalkercapital/

We'd love to hear from you. What are your thoughts and questions?Kris Morin, co-founder of Three Peaks Capital, shares his journey from corporate America to real estate investing. He emphasizes the importance of diversifying investments and highlights the benefits of investing in private equity and real estate. Morin discusses the focus of Three Peaks Capital on value-add apartment complexes in markets with strong fundamentals. He also addresses common misconceptions in real estate investing and provides advice for investors when vetting operators or managing partners. Morin concludes by encouraging investors to get in the game and plan for the long term.Main Points: Diversification is important in investing, and real estate provides an alternative asset class that can help achieve financial goals.Investing in private equity and real estate can offer more stable returns and cash flow compared to stocks and bonds.Value-add apartment complexes in markets with strong fundamentals can provide predictable and sustainable returns.When vetting operators or managing partners, investors should ask about their experience, track record, and ability to handle challenges.Planning for the long term and structuring investments with longer-term debt can help mitigate risks and optimize returns.Connect with Kris Morin:info@threepeakscap.comhttps://www.threepeakscap.com/https://www.linkedin.com/in/kris-morin-multifamily-real-estate-expert/https://www.facebook.com/kris.morin.906/

We'd love to hear from you. What are your thoughts and questions?In this episode of Real Estate Investing Abundance, host Dr. Allen Lomax welcomes back Neal Bawa, a renowned expert in multifamily real estate. They discuss the current state of the real estate market, focusing on inflation trends, interest rate predictions, and the implications for multifamily investments. Neil shares insights on the Federal Reserve's approach to managing inflation and interest rates, the future of bridge loans, and the dynamics of cap rates. The conversation also touches on global economic challenges and potential inflation risks stemming from geopolitical tensions.Main Points:Neal Bawa emphasizes the importance of data in real estate investing.The multifamily market has seen a significant decline in prices.The Federal Reserve is shifting its stance on interest rates.Expect two quarter point interest rate cuts this year.Bridge loans may become more favorable for investors next year.Cap rates are projected to peak in Q1 of next year.The lowest property prices are expected in the coming months.Geopolitical conflicts pose significant risks to the economy.Inflation could rise due to oil price fluctuations.The current world order is undergoing significant changes.Connect With Neal Bawa: https://www.linkedin.com/in/neal-bawa/http://www.grocapitus.com

We'd love to hear from you. What are your thoughts and questions?Brandon Cobb, co-owner of HBG Capital, shares his journey from medical device sales to real estate investing. He discusses the importance of taking risks and burning bridges to pursue entrepreneurship. He also highlights six strategies to navigate risk in real estate investing: multiple exit strategies, control of debt, forced asset appreciation, having the end buyer lined up, and downside protection. Brandon emphasizes the need to follow the money and invest in areas where money is moving, both at the macro and micro levels.Main Points:Taking risks and burning bridges can lead to unexpected success in entrepreneurship.Six strategies to navigate risk in real estate investing: multiple exit strategies, control of debt, forced asset appreciation, having the end buyer lined up, and downside protection.Following the money is crucial in real estate investing, both at the macro and micro levels.Investing in areas where money is moving, such as entry-level housing, can provide long-term opportunities.Building a network of mentors and joining mastermind groups can provide valuable guidance and support in business.Connect With Brandon Cobb:https://www.facebook.com/hbgcapitalhttps://www.instagram.com/hbgcapital/https://www.linkedin.com/in/hbgcapital/

We'd love to hear from you. What are your thoughts and questions?Colton Pace, CEO and co-founder of OwnWealth, shares innovative strategies for homeowners and property owners to enhance their savings and advance their investment portfolios. The first avenue OwnWealth focuses on is reducing property taxes, which is the second largest expense associated with a home. They help homeowners file tax appeals and protests to lower their tax bills, and also assist in qualifying for tax exemptions. OwnWealth also offers a tax payments product to help property owners pay their tax bills on time and take advantage of early payment discounts. Another area they focus on is insurance, providing a rate monitoring program to help homeowners find the best insurance rates without receiving unsolicited spam emails and phone calls. They also help homeowners reduce their utility bills, such as phone, internet, security, and electricity bills. Lastly, OwnWealth helps homeowners optimize their wealth by being astute managers of their assets, paying attention to bills and expenses, and staying on top of opportunities to decrease expenses and increase investments.Main Points:OwnWealth helps homeowners reduce property taxes by filing tax appeals and protests, and qualifying for tax exemptions.They offer a tax payments product to help property owners pay their tax bills on time and take advantage of early payment discounts.OwnWealth provides a rate monitoring program to help homeowners find the best insurance rates without receiving unsolicited spam emails and phone calls.They assist homeowners in reducing utility bills, such as phone, internet, security, and electricity bills.OwnWealth helps homeowners optimize their wealth by being astute managers of their assets, paying attention to bills and expenses, and staying on top of opportunities to decrease expenses and increase investments.Connect with Colton Pace:colton@ownwell.comhttp://www.ownwell.comhttps://www.linkedin.com/in/coltonpace/

We'd love to hear from you. What are your thoughts and questions?In this conversation, Alex Alexander shares his inspiring journey from a small town in Texas to becoming a successful real estate investor. He discusses his experiences in the music industry, military, and various entrepreneurial ventures. Alex emphasizes the importance of tenacity, kindness, and community in achieving success. He also talks about his current focus on buying and managing RV parks and his role as a mentor in teaching others how to invest in real estate.Main Points:Tenacity and perseverance are key qualities for achieving success in any field.Setting high goals and pushing beyond your comfort zone can lead to remarkable achievements.Building a community and providing exceptional service can set you apart in niche markets.Developing core values and aligning your actions with them can lead to personal and professional growth.Learning from mentors and following their examples can accelerate your success in real estate investing.Connect with Alex Alexander:https://paradiseparkventures.net/integritylanddevelopment@gmail.comhttps://www.facebook.com/HawaiiEscapeAlexhttps://www.instagram.com/alexalexanderrv/https://www.linkedin.com/in/alex-alexander-entj-a0693aab/https://www.tiktok.com/@hawaiilandmanhttps://www.youtube.com/@AlexAlexanderRVparkinvestor

We'd love to hear from you. What are your thoughts and questions?In this episode, Dr. Allen Lomax interviews Michael Levitt, an expert in workplace culture and burnout prevention. They discuss the signs of burnout and how leaders can create a healthy workplace culture to prevent it. Michael shares a success story of a medical clinic that reduced its annual turnover rate from 86% to 6% by implementing changes based on employee input and building trust. The key takeaway is the importance of listening, trust, and understanding in creating a positive work environment.Main Points: Sleep is an important indicator of burnout. Poor sleep quality is often a sign of prolonged stress or burnout.Creating boundaries between work and personal life is crucial in preventing burnout. Employers and employees should establish and communicate clear work hours and expectations.Engaging in activities outside of work and taking time for self-care is essential for preventing burnout. Scheduling leisure time and prioritizing personal interests is important for overall well-being.Building trust and open communication within an organization is key to preventing burnout. Leaders should listen to employee input, value their opinions, and create an environment where everyone feels heard and valued.Preventing burnout requires a collaborative effort between leaders and employees. Both parties should work together to create a healthy work culture and address any issues that may contribute to burnout.Connect with Michael Levitt:michael@breakfastleadership.comhttp://BreakfastLeadership.com https://www.instagram.com/bfastleadership/https://youtube.com/@breakfastleadershiphttps://www.linkedin.com/in/MichaelDLevitthttps://www.tiktok.com/@bfastleadershiphttps://twitter.com/bfastleadership

We'd love to hear from you. What are your thoughts and questions?Jill Jensen shares her inspiring journey from door-to-door sales to successful real estate investing, focusing on mobile home parks. She emphasizes the importance of leveraging other people's skills and building passive income through strategic investments. Her approach to partnering with the right people and creating long-term wealth is both insightful and practical.Main Points:Leveraging other people's skills and building passive income is key to long-term wealth development.Partnering with the right people and investing strategically can lead to financial freedom and generational wealth.Investing in mobile home parks offers unique opportunities for passive income and long-term wealth creation.Connect with Jill Jensen: jill@sonoscapital.comhttp://www.sonoscapital.comhttps://www.facebook.com/Iamajillionairehttps://www.instagram.com/iamajillionaire/https://www.linkedin.com/in/thejilljensen/

We'd love to hear from you. What are your thoughts and questions?Corri Golden shares his journey in real estate investing, from initial doubts to finding success in commercial real estate. He discusses the challenges, mindset shifts, and the transition from single-family to multifamily investing. Corri also explains his business model and the decision to run his business from Portugal.Main Points:Overcoming doubt and fear is crucial in pursuing real estate investing.Transitioning from single-family to multifamily properties requires mindset shifts and strategic planning.Building a business model that aligns with personal goals and values is essential for long-term success in real estate.Relocating and running a real estate business remotely requires effective systems, processes, and trustworthy partners.Connect with Corri Golden:corri@goldeninvestmentsllc.comhttps://www.instagram.com/corrigolden/https://www.linkedin.com/in/corri-golden-b96313272/http://investwithgolden.com

We'd love to hear from you. What are your thoughts and questions?Frank Rizzo, a mobile home park investor, shares his journey and expertise in the industry. He explains how he transitioned from residential real estate to mobile home park investing and the opportunities he found in this asset class. Rizzo emphasizes the importance of ownership and creating value through community development. He discusses the challenges and transformations he has experienced in turning around mobile home parks, including improving community standards and attracting new residents. Rizzo also highlights the role of Stone Capital Investors in providing opportunities for passive investors in the mobile home park space.Main Points: Mobile home parks offer opportunities for wealth creation and legacy building through ownership.Transforming mobile home parks involves improving community standards and creating a sense of community.Stone Capital Investors provides opportunities for passive investors in the mobile home park space.Affordability is a key factor driving the demand for mobile home parks.Connect with Frank Rizzo: fjr@stonecapitalinv.comhttps://www.stonecapinv.com/https://themhpexchange.com/https://www.facebook.com/TrailerparkTurnaround https://www.facebook.com/mhpexchangehttps://www.instagram.com/frank.rizz/https://www.linkedin.com/in/frank-rizzo-20818843/https://www.youtube.com/@TrailerParkTurnaround

We'd love to hear from you. What are your thoughts and questions?Jered Sturm, CEO of SNS Capital Group, shares his journey from being a maintenance technician to a successful real estate investor. He emphasizes the importance of understanding your core competency and aligning your business strategy with it. Jered also discusses the power of creating a vivid vision for your organization and empowering your team to reverse engineer the actions needed to achieve that vision. He highlights the significance of on-site operations and the people who work there in driving financial returns. Jered's commitment to family and community is reflected in his mission to deliver the feeling of home and create stability, belonging, and respect in his properties.Main Points: Understand your core competency and align your business strategy with it.Create a vivid vision for your organization and empower your team to reverse engineer the actions needed to achieve that vision.Focus on on-site operations and the people who work there to drive financial returns.Balance success as a real estate investor with a commitment to family and community.Connect With Jered Sturmhttps://www.snscapitalgroup.com/https://www.facebook.com/snscapitalgroup https://www.facebook.com/SNSmanagementLLChttps://www.instagram.com/snscapitalgroup/  https://www.instagram.com/snsmanagement_/https://www.linkedin.com/company/sns-management/https://www.linkedin.com/company/snscapitalgroup/

We'd love to hear from you. What are your thoughts and questions?In this episode, host Allen Lomax and guest Jerry Miller discuss Warren Buffett's quote about being fearful when others are greedy and greedy when others are fearful. They explore how this quote applies to the current real estate market and provide insights on investing in different asset classes. Jerry shares his experience in land development and explains the concept of the capital stack. They also discuss the importance of evaluating risk and return when deciding on the right investment for each individual investor.Main Points:Evaluate deals on an individual basis rather than following the herd mentality.Understand the specific market, asset class, and asset strategy when assessing real estate investments.Consider the balance between cash flow and appreciation when investing in syndications.Diversify your investment portfolio and consider how each investment fits into your overall strategy.Be aware of data manipulation and look at long-term trends rather than single data points.Land development can offer opportunities for attractive returns due to the housing shortage.The capital stack refers to the full amount of money required for a real estate deal, including debt and equity sources.Different types of land development projects, such as entry-level housing and high-end custom homes, offer varying levels of risk and return.Investors should consider their risk tolerance, investment horizon, and overall financial goals when deciding on the right investment for them.Connect with Jerry Miller:jerry@largogroup2011.comlargogroup2011.comhttps://www.facebook.com/largogroup2011https://www.instagram.com/jerrymillerrealestate/https://www.linkedin.com/in/jerry-miller-948b7a17/

We'd love to hear from you. What are your thoughts and questions?Gino Barbaro, co-founder of Jake and Gino, shares his secrets for scaling multifamily investments and developing a successful real estate business. He emphasizes the importance of hard work, humility, and continuous learning. Gino discusses the market shifts and surprises he has experienced, including the impact of interest rates and inflation. He also highlights the significance of core values and a cadence of accountability in building a successful organization. Gino introduces his new program, Passive Investor Pro, which aims to educate passive investors on investing intelligently in real estate. He concludes by discussing the three pillars of real estate: market cycle, debt, and exit strategy.Main Points:Hard work, humility, and continuous learning are key to scaling multifamily investments and developing a successful real estate business.Market shifts, such as changes in interest rates and inflation, can have a significant impact on real estate investments.Having core values and a cadence of accountability is crucial for building a successful organization.Passive investors should educate themselves on the framework of real estate investing to make informed decisions and mitigate risks.The three pillars of real estate are market cycle, debt, and exit strategy.Connect with Gino Barbaro:gino@jakeandgino.comhttps://jakeandgino.com/apply/https://www.facebook.com/jakeandginohttps://www.instagram.com/jakeandgino/https://www.linkedin.com/in/gino-barbaro-03973b4b

We'd love to hear from you. What are your thoughts and questions?Stewart Heath, a certified public accountant with over 20 years of experience in commercial real estate, discusses the importance of including real estate in every investor's portfolio. He highlights the stability and cash flow nature of real estate investments, emphasizing that it should be a core holding. Heath also discusses the potential shift in dominance from public markets to private placements in the future, driven by technology and the emergence of regulation A offerings. He explains that office buildings are not dead, but different subcategories of office spaces may experience varying levels of pain. Heath also shares his rules for investing in real estate, including the importance of location, making money on the buy, and risk mitigation.Main Points:Real estate should be a core holding in every investor's portfolio due to its stability and cash flow nature.The dominance of public markets may shift to private placements in the future, driven by technology and the emergence of regulation A offerings.Different subcategories of office spaces may experience varying levels of pain, but office buildings are not dead.Investors should focus on location, make money on the buy, and prioritize risk mitigation when investing in real estate. Connect With Stewart Heath:stewart.heath@harvardgrace.comhttps://www.facebook.com/stewartoheathhttps://www.linkedin.com/in/stewartoheath/https://harvardgracecapital.com/about/

We'd love to hear from you. What are your thoughts and questions?Lee Yoder, CEO of Threefold REI, shares his journey from physical therapist to apartment syndicator and the growth of his real estate portfolio. Over the past two years, Lee has acquired several apartment complexes and transitioned from third-party property management to in-house management. He discusses the challenges and rewards of this transition, including implementing property management software and managing employees. Lee emphasizes the importance of patience in the current real estate market and advises investors to focus on the long-term game. He also highlights the mission-focused approach of Threefold REI and the company's commitment to providing quality housing for residents.Main Points:Transitioning from third-party property management to in-house management can be challenging but can also lead to cost savings and greater control over the properties.Implementing property management software requires a learning curve, but it allows for better financial management and streamlining of processes.Hiring and managing employees can be rewarding but also comes with its own set of challenges, such as payroll, benefits, and team dynamics.In the current real estate market, patience is key as prices remain high and interest rates are increasing. Opportunities may arise as distressed owners look to sell.Real estate is a long-term game, and success comes from operating properties well and focusing on providing quality housing for residents.Connect with Lee Yoder:lee@threefoldrei.comhttps://threefoldrei.com/linkedin.com/in/lee-yoder-25793215a

We'd love to hear from you. What are your thoughts and questions?Chris Pomerleau, a successful real estate investor and founder of LeavenWealth , shares his journey and insights in the past two years. He discusses the importance of surrounding oneself with like-minded individuals and building a strong team. Chris emphasizes the benefits of passive investing in real estate, including the ability to generate long-term wealth and passive income. He highlights the four ways real estate investors can make money: cash flow, appreciation, depreciation, and equity paydown. Chris also explains the concept of infinite returns through refinancing and rolling money into new investments. He concludes by discussing the difference between direct syndication and fund investment.Main Points:Surround yourself with like-minded individuals and build a strong team to support your real estate investment journey.Passive investing in real estate allows for long-term wealth creation and passive income.Real estate investors can make money through cash flow, appreciation, depreciation, and equity paydown.Infinite returns can be achieved through refinancing and rolling money into new investments.Direct syndication and fund investment offer different approaches to real estate investing.Connect with Chris Pomerleau:chris@leavenwealth.comhttps://www.linkedin.com/in/cashflowwithchris/https://www.leavenwealth.com/