Podcasts about burn your boats

Struggling to navigate the complexities of real estate investing? This episode of the Burn Your Boats podcast features an in-depth interview with seasoned real estate expert Jean Klinkhamer, hosted by Clark Lunt and David Shaw. Discover the common traits that define successful real estate investors and learn why a strong support system is crucial for navigating the market. Jean Klinkhamer shares his invaluable lessons learned from the 2008 financial crisis, offering a unique perspective on market resilience and risk management. He details his personal journey from flipping houses to becoming a successful private lender, emphasizing the fundamental importance of understanding supply and demand in real estate for identifying lucrative opportunities. Listeners will gain actionable insights into the benefits of being a lender, strategies for navigating market uncertainty and economic shifts, and a deep dive into the Deferred Sales Trust (DST) as a powerful tax strategy for real estate investors looking to optimize returns and preserve capital. Tune in to gain valuable insights into building long-term wealth through real estate, understanding the evolving landscape of investment strategies, and mastering techniques for financial freedom. Whether you're a new investor or a seasoned pro, this conversation provides essential knowledge for thriving in today's real estate market.Referenced Links:https://klinkloansinvestors.com/https://burnyourboatswealth.com/https://fullcyclefunding.com/TakeawaysSuccessful real estate investors share common traits and strategies.Building a risk muscle is essential for young investors.Understanding supply and demand is key to predicting market trends.Private lending offers a safer investment strategy compared to flipping.Market conditions can change, but understanding them helps mitigate risks.Deferred Sales Trust can be a powerful tax strategy for investors.Investors should focus on cash flow, appreciation, and tax benefits.Networking and relationships are vital in the real estate industry.Investing in a lending fund can provide steady income with lower risk.Sound Bites"Nobody went broke making a profit.""You can be the bank, be the lender.""The money's made on the buy side."Chapters00:00 The Importance of Support Systems08:18 Learning from Family Influence12:17 Navigating Market Challenges16:46 The Shift to Private Lending21:43 The Evolution of Real Estate Strategies28:23 Focus and Mastery in Real Estate36:11 The Power of Being a Lender40:39 Understanding Market Dynamics46:49 Navigating Uncertainty in Real Estate52:52 Preparing for Future Opportunities57:24 The Benefits of Passive Investing01:08:53 Exploring Deferred Sales Trusts01:15:16 Navigating the Real Estate Market01:15:43 Engaging with Our Community01:16:14 Thank you for Listening Burn Your Boats Wealth Podcast01:16:43 Disclaimerreal estate, private lending, market trends, investment strategies, financial success, Jean Klinkhamer, Burn Your Boats, supply and demand, risk management, Real Estate Investing, Real Estate Support Systems, 2008 Financial Crisis Real Estate, Flipping Houses, Private Lending Real Estate, Real Estate Supply and Demand, Benefits of Being a Lender, Real Estate Market Uncertainty, Deferred Sales Trust, Tax Strategies for Investors, Build Wealth Through Real Estate, Burn Your Boats Podcast, Jean Klinkhamer, Clark Lunt, David Shaw Hosted on Acast. See acast.com/privacy for more information.

Send us a textIn this episode I am talking about how your Plan B is f*cking up your Plan A. What's holding you back from your desired reality is not failure, it's not circumstances it's DOUBT. The biggest killer of dreams. I hope you enjoy this episode, if you do, please leave me a review on Apple to help me grow this podcast and impact more people. As I mentioned, Consciously Wealthy starts again on 5th June and I am SO excited to start. If you are ready to step into your power, decide you want more from life and rewire for wealth you can save your space here ...https://buy.stripe.com/14kdRu6PQgdO1mUfZ4If you would like to know any more details, please DM the word WEALTHY on Insta or email me and I will send you the details empowerstatepodcast@gmail.com Have a fantastic week Love Soph xxx Support the show

In this insightful episode of the Burn Your Boats podcast, hosts David and Clark delve deep into the world of real estate investing. Answering a listener question, they dissect the nuances of both successful and unsuccessful property investments in their own portfolios.Drawing from their extensive personal experiences, David and Clark underscore the critical role of location in real estate, explore the dynamic impact of gentrification on property values, and share invaluable lessons learned from both profitable and challenging real estate deals.Tune in to discover actionable strategies for future real estate investments, understand the power and significance of leveraging properties, and grasp the fundamental necessity of patience for long-term success in the ever-evolving real estate market.Key topics discussed:Real estate investing strategiesImportance of location in property investmentUnderstanding gentrification and its effects on real estateLearning from successful real estate investmentsAnalyzing unsuccessful real estate dealsFuture investment strategies in real estateLeveraging properties for wealth buildingThe role of patience in real estate investingThis episode is a must-listen for anyone interested in real estate, from beginner investors to seasoned professionals looking to gain fresh perspectives on navigating the complexities of the market. Don't miss out on these valuable real estate tips and insights!TakeawaysReal estate investing requires time to see true returns.Buying with cash can limit your potential returns.Location is crucial; proximity to desirable areas matters.Gentrification can significantly impact property values.Investing in low-income neighborhoods can be risky without proper research.Delayed gratification is essential in real estate investing.Leverage can enhance your investment returns.Understanding market trends is vital for successful investing.Cash flow should not be the only metric for investment success.Take action and invest wisely to build wealth over time.Sound Bites"What works, what doesn't?""Real estate is a slow burner.""Take action, just go do it!"Chapters00:00 The Current Real Estate Landscape19:31 Leveraging Debt for Real Estate Investments22:31 The Power of Gentrification28:29 Lessons from Cash Flow Investments31:25 Navigating Tenant Challenges37:33 Evaluating Neighborhood Potential47:00 The Reality of Real Estate Returns47:42 Lessons from Worst Property Experiences55:49 The Importance of Leverage in Real Estate56:37 Delayed Gratification in Real Estate Investments01:02:33 Strategies for Buying in Suburban Markets01:05:21 Understanding Lot Value vs. Property Value01:11:41 Final Thoughts on Real Estate Investment Strategies01:13:53 Navigating the Real Estate Market01:14:18 Engaging with Our Audience01:14:49 Introduction to Burn Your Boats Wealth Podcast01:15:18 Engagement and Community BuildingKeywordsreal estate, investment strategies, property management, gentrification, cash flow, equity, market trends, financial advice, rental properties, investment mistakes, leveraging debt, real estate investing, investor, mindset, real estate tips, best investments, worst investments, debt over time, investor mindset, entrepreneur, wins and losses, real estate portfolio, equity, wealth creation, financial freedom, landlord, rental property, burn your boats wealth podcast, real estate podcast, clark lunt, david shaw Hosted on Acast. See acast.com/privacy for more information.

Get ready to ignite your entrepreneurial spirit in this episode of the Burn Your Boats Wealth podcast! Join hosts Clark Lunt and David Shaw, as they dive deep into the inspiring journey of the one and only Damion Lupo, a true titan of industry and bestselling author!Prepare to be captivated as Damion unveils his incredible transformation from college struggles to the stratosphere of building a billion-dollar business! This isn't just a story of success; it's a masterclass in turning setbacks into stepping stones. Discover the invaluable power of learning from failures and unlock the secrets to explosive personal development.But that's not all! This power-packed conversation goes beyond mere financial gain, emphasizing the absolute necessity of a purpose-driven approach to wealth creation. Damion pulls back the curtain on critical economic insights, dissecting the housing crisis and shedding light on the revolutionary FrameTech construction solution that's poised to reshape the industry.Feeling lost in the complexities of retirement planning? Fear not! Damion unveils the game-changing EQRP retirement plan, empowering YOU to seize control of your financial destiny and build lasting wealth on your own terms.Tune in to discover the undeniable significance of a winning mindset, the strategic advantage of long-term thinking, and the crucial role that a supportive community plays in catapulting you towards unprecedented success.Don't miss this high-octane episode packed with actionable insights and motivational fuel! Subscribe to the Burn Your Boats podcast now and embark on your own journey to entrepreneurial triumph!Damion Lupo: https://damionlupo.com/turnkeyretirementFrameTec: https://www.frametec.com/Youtube: https://www.youtube.com/@DamionLupoTakeawaysEntrepreneurship is about starting and learning from failures.Struggle is essential for growth and character development.Pursuing purpose is more important than chasing money.Wealth is a side effect of creating value for others.Mindset plays a crucial role in achieving success.Personal development is key to overcoming challenges and achieving goals.Building solutions is more impactful than tearing down existing structures.Chapters00:00 Introduction to Damien Lupo04:13 The Journey of Entrepreneurship07:17 The Importance of Struggle and Resilience10:01 Rethinking Education and Personal Development13:14 The Pursuit of Purpose Over Money16:07 The Role of Growth in Success18:19 Lessons from the 2008 Financial Crisis21:16 Rebuilding After Failure24:01 The Power of Truth and Simplicity34:10 The Power of Simplicity in Business38:52 Understanding the EQRP: A New Retirement Paradigm43:10 Challenges in Alternative Investing49:03 The Future of Wealth: Gold, Silver, and Bitcoin50:01 Revolutionizing Construction: The FrameTech Solution01:01:03 Navigating Local Government and Permitting Challenges01:03:04 Advice for the Mid-50s Investor01:08:21 The Importance of Feedback01:08:56 The Power of Storytelling01:09:00 Introduction to Burn Your Boats Wealth Podcast01:09:27 Engagement and Community Building#BurnYourBoats #Podcast #Entrepreneurship #Business #Success #Motivation #PersonalDevelopment #WealthCreation #FinancialFreedom #RetirementPlanning #EQRP #FrameTech #HousingCrisis #Mindset #LongTermThinking #Community #DamionLupo #ClarkLunt #DavidShaw Hosted on Acast. See acast.com/privacy for more information.

Ignite your journey to financial freedom with this episode of the Burn Your Boats Wealth podcast! Hosts Clark Lunt and David Shaw welcome Mike Hambright, a seasoned real estate entrepreneur, to reveal the strategies behind his remarkable success. If you're looking for actionable real estate investing advice, this is a must-listen.Mike's story is more than just inspiration; it's a blueprint. He shares the raw, unfiltered truth about his transition from corporate life to real estate mogul, detailing the challenges and invaluable lessons learned along the way. Gain insights into:Real Estate Investing Strategies: Learn how to navigate the current market and build a profitable portfolio.Financial Education for Wealth Building: Discover the crucial role of financial literacy in achieving long-term success.Masterminds & Coaching: Explore the power of surrounding yourself with like-minded individuals and expert guidance.Entrepreneurial Mindset: Understand the algorithmic nature of wealth creation and the importance of setting clear goals.Legacy Building: Learn how to create lasting wealth and empower future generations with financial knowledge.Mike dismantles the complexities of real estate and wealth, offering practical advice for anyone seeking financial independence. This episode provides essential insights for:Aspiring real estate investorsEntrepreneurs seeking business growthIndividuals looking to achieve financial freedomThose interested in building a lasting legacyDon't miss this opportunity to learn from a real estate expert and transform your financial future. Tune in to the Burn Your Boats Wealth Podcast now and set sail towards your own success!Facebook: https://www.facebook.com/realmikehambrightTakeawaysFinancial education is crucial for both adults and children to ensure future wealth.The journey of entrepreneurship is as important as the destination, focusing on personal growth.Networking and partnerships are key to scaling real estate investments effectively.The current real estate market presents both challenges and opportunities for investors.Documenting clear goals is vital for achieving success in any venture.Sound Bites"It's about getting rich for sure.""Wealth is algorithmic.""You have to keep your money busy."Chapters00:00 Exploring New Experiences02:15 Facing Fears and Embracing Change09:15 Raising Capital: The Early Days20:46 Building Brands in Real Estate24:29 Building a Community of Investors27:57 The Evolution of Coaching and Masterminds31:38 Traits of Successful Investors35:35 The Journey vs. The Destination40:01 Financial Education for the Next Generation46:17 Taking Action and Overcoming Analysis Paralysis54:39 The Importance of Community and Accountability01:00:35 Living a Life of Purpose and Impact01:04:53 Navigating the Real Estate Market01:05:16 Engaging with Our Community01:05:47 Introduction to Burn Your Boats Wealth Podcast01:06:15 Engagement and Community Buildingkeywordsreal estate, entrepreneurship, coaching, financial education, wealth building, investor mastermind, passive income, scaling investments, Mike Hambright, Burn Your Boats podcast #realestate #entrepreneurship #coaching #financialeducation #wealthbuilding #investor #mastermind #passiveincome #scalinginvestments #MikeHambright #BurnYourBoatsWealthPodcast #DavidShaw #ClarkLunt #InvestorFuel #InvestorMachine #investormindset #wealthcreation #financialfreedom #realestateportfolio Hosted on Acast. See acast.com/privacy for more information.

https://youtu.be/etlBrw4WKGw?si=NxtN4Gg1iZ02nmgV Ron Monteiro, Keynote Speaker, Facilitator, Trainer, and Author of Love Mondays, is driven by a mission to help professionals discover their purpose, build fulfilling careers, and burn their boats to fully commit to meaningful work.  We learn about Ron's journey from a finance executive to an entrepreneur, speaker, and author, and how he embraced the Ikigai framework—a Japanese philosophy for finding meaning in work. He introduces the Path to Entrepreneurship Framework, a four-step approach that helps individuals transition from corporate life to a career they love: Find Your Purpose, Build Your Bridge, Burn Your Boats, and Flex Your Muscle. Ron shares insights on overcoming fear, learning to say no, and balancing financial stability with the pursuit of passion, while also exploring the mindset shifts needed to create a career where every day—not just Mondays—feels meaningful and exciting. --- Burn Your Boats Good day, dear listeners, Steve Preda here with the Management Blueprint Podcast. And my guest today is Ron Monteiro, keynote speaker, facilitator, trainer, and the author of Love Mondays. Ron, welcome to the show. Thank you, Steve. I'm very excited to be here. Well, it's exciting to have you. You have a very interesting career coming across the world to be here with us. And you also have some interesting frameworks that you're using. So, let's start with what drives you. What is your personal “Why?” And what is this Ikigai process that you mentioned on social media and your posts that help people find theirs? Yeah, I want to rewind. Like I'm a big proponent of purpose and life work and things like that. Many years ago, I would be shaking my head because I wasn't clear on my purpose. So, I've done a lot of work and a lot of personal development work that a lot of it talks about how do you start with what is your “Why,” what is your purpose? Simon Sinek, as you've mentioned. And my purpose now is I get a lot of joy from helping others. So, the way I've phrased it, how do I help myself and others love Mondays and every other day? And I think it connects to my book, which talks about how do you love Mondays? So today's a Monday that we're recording, and every other day. And then Ikigai is a beautiful Japanese concept that talks about people who don't even have a word for retirement. They love what they're doing so much, and it's connected to their life purpose.Share on X So, Ikigai is a framework I love. There's a whole book on Ikigai, if anybody's interested, which asks four simple questions. “What do you love to do?” is the first one. And this is something we journal. So let's say five years from now, what I love to do might be slightly different than today. So it's not a fixed destination. It's one of those iterative processes. So, you start with “What do I love to do?” The second is, “What am I good at?” So for me, I love teaching and I think I'm pretty good at it. I've done it for a while now. So, what do I love doing? The third is “What does the world need?” Okay, so if I continue with my example, I think the world needs people to teach them things. So, for me, one of my favorite topics to teach is soft skills and story time because I really struggled there. I landed a company that helped me overcome my fear and now I teach it for a living. So that in itself is a “Why” for me. And then the fourth question is, “What can you get paid for?” I know inflation and all these things are coming into play. So, if you can answer those four questions and it's right in the bullseye, right in the heart of those, and think about four circles, concentric circles. If you find something that's in the middle there, it's your Ikigai, it's your reason for living, it's your reason for waking up on a Monday and every other day. And that's, to me, a lifelong journey. And if you hit any of those two questions in isolation,

Get ready to be inspired! In this powerful Burn Your Boats episode, David and Clark bravely share the turning points in their journeys, revealing the critical decisions that shaped their lives. They're not just reflecting; they're providing a roadmap for your success.Discover the transformative power of creating a personal vision, and understand the real cost of staying stuck in a job that doesn't ignite your passion. They'll show you how to build a network of high-caliber individuals who will propel you forward. Dive into the world of smart investing with their insights on ETFs, and learn how to avoid the common pitfalls of over-diversification. They unpack the dynamics of partnerships versus solo ventures, giving you practical strategies for navigating these crucial decisions. Real estate enthusiasts will gain invaluable knowledge on the strategic advantages of geographic selection and the essential distinction between appreciation and cash flow. Most importantly, David and Clark emphasize the unwavering importance of accountability. They challenge you to examine your life choices, strengthen your confidence, and make decisions that align with your true potential. This episode is a dynamic blend of personal experience and actionable advice, designed to empower you to take control of your futureSign up for our Investor VIP Community: https://burnyourboatswealth.comTakeawaysMagic Johnson's choice illustrates the impact of decisions.Creating a vivid vision can guide future actions.Staying in a job for too long can hinder growth.Focusing on one area can lead to greater success.Visualizing goals is essential for achieving them.Investing in familiar geography reduces risk and enhances success.Appreciation is a key factor in real estate wealth.High growth markets yield better long-term returns than cash flow.Diversification should be about time, not geography.Surrounding oneself with the right people fosters success.Confidence in personal decisions can lead to better life choices.Reflecting on past choices can guide future actions.Sound Bites"It's not about how do I do this thing.""I wish that I'd just done more stuff on my own.""I would have entered less partnerships.""It's lonely and I enjoy having someone there.""Focus on basically my backyard.""How do I hold myself accountable?"Chapters00:00 The Magic Johnson Moment: Choices and Consequences03:51 Creating a Personal Roadmap: Vision and Goals07:50 The Cost of Comfort: Leaving a Job Sooner10:20 Surrounding Yourself with the Right People12:19 Investing Wisely: The Power of ETFs17:09 Focusing on One Thing: Avoiding Shiny Object Syndrome20:35 The Partnership Dilemma: Going Solo vs. Collaborating23:04 The Value of Partnerships in Business24:01 Geography: The Key to Real Estate Success27:56 Appreciation vs. Cash Flow in Real Estate32:28 Accountability and Action in Achieving Goals35:52 Reflections on Life Choices and ConfidencekeywordsMagic Johnson, choices, consequences, personal roadmap, vision, goals, career decisions, investing, ETFs, partnerships, entrepreneurship, partnerships, real estate, geography, appreciation, cash flow, accountability, life choices, investment strategies, personal growth, business coaching#realestateinvesting #realestatepodcast #investormindset #investorlife #entrepreneurmindset #entrepreneur #burnyourboatswealthpodcast #clarklunt #davidshaw #MagicJohnson #ChoicesAndConsequences #PersonalRoadmap #VisionAndGoals #LifeChoices #Accountability #PersonalGrowth #CareerDecisions #Entrepreneurship #Partnerships #BusinessCoaching #Investing #InvestmentStrategies #ETFs #RealEstate #GeographyInvesting #Appreciation #CashFlow Hosted on Acast. See acast.com/privacy for more information.

Ever feel like you're one punch away from being knocked out? That's the reality for entrepreneurs and real estate investors. On this episode of Burn Your Boats, Clark Lunt and David Shaw sit down with Jon Parker, a guy who knows a thing or two about taking punches and coming out on top. Jon's story is incredible: he went from a $50,000 salary as a minor league hockey player to an eight-figure net worth by just 33 years old. And he's seen the world – 60 countries and counting! This isn't just another rags-to-riches story. Jon gets real about the highs and lows, the tough conversations with investors, and the times he had to take one for the team. He reveals how he navigated the treacherous waters of the COVID real estate market, turning potential disaster into opportunity. If you're looking for inspiration, practical advice, and a kick in the pants to pursue your dreams, this episode is a must-listen. Jon's journey proves that resilience, a "just do it" attitude, and the willingness to learn from every experience – good or bad – are the keys to building wealth and achieving true freedom. Tune in now and discover how to burn your boats and forge your own path to success.Website: https://www.the57ag.com/Email: Jon@The57AG.comTakeawaysResilience is key in navigating life's challengesTransitioning from sports to business requires adaptabilityMarket fluctuations can impact investment strategiesCovering investor losses can be a difficult but necessary decisionBuilding a business requires a shift in mindset and strategyConsulting can provide valuable support to clients in real estateUnderstanding market demands is crucial for successLuxury homes are becoming more desirable in today's marketHaving a knowledgeable advocate can protect clients from contractor pitfallsChapters00:00 Travel Experiences and Cultural Insights02:33 Personal Journey and Perspectives on Success04:51 Exploring the Arctic: A Newfound Passion for Nature05:44 Unique Travel Experiences: From Ecuador to the Equator06:39 The Journey to 60 Countries: Time Freedom and Success07:09 From Professional Hockey to Real Estate: The Beginning09:29 First Steps in Real Estate: A Leap of Faith11:37 Learning Through Experience: The Toledo Investment17:09 Transitioning to Bigger Projects: The Shift in Strategy21:15 Navigating COVID-19: Challenges and Adaptations24:52 The Shift to Florida: Seizing Opportunities35:13 Facing Market Challenges: Lessons Learned in 202342:06 Redefining Success: Building a Real Business in Real Estate42:30 Navigating Challenges in Real Estate Investment43:55 The Birth of a New Business Model45:48 Overcoming Setbacks and Learning from Experience48:22 The Importance of Long-Term Vision52:42 Shifting Trends in the Housing Market58:31 The Rise of Custom Homes and Owner Representation01:02:23 Building a Scalable Business in Real Estate01:12:16 The Value of Client Advocacy in Construction01:18:27 Navigating the Real Estate Market01:18:55 Engaging with Our Audience01:19:25 Introduction to Burn Your Boats Wealth Podcast01:19:54 Engagement and Community Buildingkeywordsresilience, real estate, entrepreneurship, market challenges, consulting, custom homes, investment strategies, adaptability, business growth, financial lessons#resilience #realestate #entrepreneurship #marketchallenges #consulting #customhomes #investmentstrategies #adaptability #businessgrowth #financiallessons #realestateinvesting #jonparker #the57AdvisoryGroup #BurnYourBoatsWealthPodcast #clarklunt #davidshaw #realestatepodcast #markettrends #2025realestatemarket #tampaflorida Hosted on Acast. See acast.com/privacy for more information.

What is the #1 Investment you should make in 2025? In this Timely 10 ish episode of the Burn Your Boats Wealth podcast, Clark Lunt emphasizes the importance of investing in oneself as the key to achieving success in 2025. He discusses the necessity of accountability and how paying for masterminds can provide the right environment for personal and professional growth. The conversation highlights the value of surrounding oneself with high-level individuals and the need to step out of comfort zones to foster growth and change.TakeawaysThe most important investment is in yourself.Accountability is crucial for personal growth.Paying for masterminds can provide valuable connections.Surrounding yourself with high-level individuals accelerates growth.You must step out of your comfort zone to achieve success.Investing in yourself often requires financial commitment.Change requires doing something different than before.Masterminds can offer diverse perspectives beyond your field.Being in the right rooms can lead to significant opportunities.2025 can be a transformative year with the right mindset and actions.Sound Bites"The number one investment is you.""You have to have accountability.""Let's make this a hell of a 2025!"Chapters00:00Introduction to the Podcast's Vision01:06The Most Important Investment: Yourself02:57The Power of Accountability05:41Masterminds: Investing in Your Growth08:42Wrapping Up: Commitment to Change11:12Navigating the Real Estate Market11:21Engaging with Our Audience11:52Introduction to Burn Your Boats Wealth Podcast12:20Engagement and Community Buildingkeywordspersonal development, self-investment, accountability, financial growth, Burn Your Boats, wealth podcast, investing in yourself, accountability, masterminds, personal growth, 2025 goals, business connections, self-improvement,#PersonalGrowth #SelfImprovement #InvestInYourself #BeAccountable #AccountabilityPartner #Goals #Progress #Discipline #Consistency #Results #HoldYourselfAccountable #InvestWisely #MastermindGroup #CollectiveWisdom #Synergy #GrowthHacking #BURNYOURBOATSWEALTHPODCAST #clarklunt Hosted on Acast. See acast.com/privacy for more information.

Clark and David dissect a recent social media post of a quote by David Greene, sparking a lively debate on the paramount importance of cash flow and scale in real estate investing. They challenge the conventional wisdom, arguing that while cash flow is crucial, it primarily serves as a defensive shield, safeguarding investments rather than being the sole driver of immediate financial freedom.The conversation delves into the virtue of delayed gratification, the strategic use of debt as a lever for growth, and the critical role of diligent property maintenance in fostering long-term wealth accumulation. Recognizing the unique opportunities presented by the current market landscape, Clark and David urge listeners to seize the moment and embrace 2025 as a pivotal year for strategic real estate investments.TakeawaysCashflow is a defensive metric, not a primary income source.Investing in real estate requires patience and delayed gratification.Scale is crucial for achieving significant cashflow.Real estate can build wealth over time, not overnight.Maintaining properties is essential for attracting quality tenants.Market conditions in 2025 present unique opportunities for investors.Consistent investment is more effective than sporadic large purchases.Understanding debt is key to managing real estate investments.Cashflow should cover expenses and debt service, not be the sole focus.Successful real estate investing requires hard work and dedication.Sound Bites"Cashflow is a defensive metric.""2025 is a year of opportunity.""Successful people work their ass off."Chapters00:00Welcome to 2025: Real Estate Challenges Ahead05:45The Cash Flow Debate: Is It Really Important?17:18The Reality of Real Estate: Hard Work and No Shortcuts30:10The Blended Approach to Wealth Building32:57Understanding Delayed Gratification in Real Estate38:41The Importance of Consistency in Real Estate Investment49:022025: A Year of Opportunity in Real Estate01:02:26The Importance of Feedback01:03:01The Power of Storytelling01:03:08BYB Outro.mp4keywordsreal estate, cashflow, investing, wealth building, property management, market trends, financial freedom, rental properties, investment strategies, 2025 goals Hosted on Acast. See acast.com/privacy for more information.

On this episode of "Burn Your Boats," we sit down with Ryan McGuinness, a successful entrepreneur who's journey from pizza shop owner to prominent Tampa Bay lender is nothing short of inspiring. Ryan shares how his father's entrepreneurial spirit ignited his own, the valuable lessons learned from early business ventures, and the importance of taking calculated risks. He discusses his transition from flipping houses to lending, highlighting the reduced risk and scalability of the lending business. Throughout the conversation, Ryan emphasizes the significance of networking, building strong relationships with borrowers, and maintaining a relentless work ethic. He also reflects on the nature of wealth and success, the excitement of unique deals, and his passion for collectible cars.TakeawaysRyan's entrepreneurial spirit was heavily influenced by his father's example.Early experiences in business taught Ryan valuable lessons about risk and responsibility.Taking risks is essential for growth and learning in entrepreneurship.The transition from flipping houses to lending provided Ryan with a more scalable business model.Maintaining a low loan-to-value ratio minimizes risk in lending.Building strong relationships with borrowers is key to success in lending.Word of mouth and personal connections are powerful marketing tools.Ryan's ability to connect with people enhances his business opportunities.Wealth is a byproduct of hard work and dedication, not the ultimate goal.Passion projects, like collecting cars, provide balance and joy in life.Sound Bites"You have to fight through the boredom.""Every deal is unique and exciting.""I love collecting classic cars."Chapters00:00Early Entrepreneurial Experiences03:42Lessons from the Pizza Business07:00Transitioning to Real Estate and Flipping09:52The Shift to Lending and Risk Management13:08Scaling a Business with Minimal Staff15:58Navigating Challenges in Business18:45Conclusion and Key Takeaways29:26The Advantages of Being a Lender34:12Understanding Default Risks38:54The Psychology of Lending44:05Identifying Quality Borrowers49:09The Art of Connection53:16Wealth and the Journey57:55Passion for Cars and Investments01:04:03The Importance of Feedback01:04:38The Power of Storytelling01:04:45BYB Outro 1.mp4#entrepreneurship #risktaking #realestate #lending #businessgrowth #personaldevelopment #wealthbuilding #networking #familyinfluence #successstories #investor #mindset #burnyourboatswealth #ryanmcguinness #tampabaykeywordsentrepreneurship, risk-taking, real estate, lending, business growth, personal development, wealth building, networking, family influence, success stories Hosted on Acast. See acast.com/privacy for more information.

In this enlightening conversation, Burn Your Boats welcomes the esteemed Marcus Crigler, who masterfully unravels the complexities of bonus appreciation and its myriad benefits for real estate professionals. He underscores the necessity of grasping real estate professional status, delves into the mechanics of cost segregation, and elucidates the profound effects of recent tax law changes on depreciation strategies. This engaging discussion not only equips high earners with powerful investment strategies, including the remarkable advantages of 1031 exchanges, but also emphasizes the critical importance of investing in high-quality real estate. Furthermore, Clark, David, and Marcus shed light on the lucrative potential of short-term rentals and the strategic benefits of leveraging spousal income to maximize tax deductions.As you listen, you'll find invaluable insights that can transform your financial journey and inspire you to seize opportunities that pave the way toward lasting wealth and financial freedom.TakeawaysBonus appreciation allows immediate tax benefits on property purchases.Real estate professionals can utilize depreciation to shelter income.Cost segregation accelerates depreciation on property components.Tax law changes affect the percentage of bonus depreciation available.Investing in high-quality real estate yields better tax benefits.1031 exchanges allow deferral of taxes on property sales.Spousal income can be leveraged for tax advantages in real estate.Short-term rentals can provide unique tax benefits.Understanding tax brackets is crucial for effective tax strategy.Planning ahead can prevent tax crises for entrepreneurs.Sound Bites"Exciting world of bonus appreciation.""What is a real estate professional?""It's not a use it or you lose it situation."Chapters00:00Demystifying Real Estate Tax Strategies10:20Understanding Cost Segregation and Bonus Depreciation20:20Maximizing Tax Benefits through Real Estate Investments30:03Strategies for Real Estate Professionals and Passive Investors34:05The Importance of Feedback34:40The Power of Storytelling34:47BYB Outro.mp4 Hosted on Acast. See acast.com/privacy for more information.

In this highly anticipated episode, join hosts Clark and David as they embark on a journey into the world of wealth-building strategies, featuring the expert insights of Marcus Crigler, CEO of BEC CFO & CPA. Together, they shine a spotlight on the critical importance of proactive tax planning, revealing how it can empower both novice and seasoned investors to make informed financial decisions. The conversation delves into the advantages of self-directed IRAs, making these powerful financial tools relatable and accessible for everyone. Listeners will also discover the essential role of financial literacy for entrepreneurs, positioning Burn Your Boats as an invaluable resource for those eager to enhance their financial acumen. Additionally, they discuss the distinctions between Roth and traditional accounts, while addressing the challenges associated with implementing self-directed IRAs. They conclude by inviting you to explore the Financial Liberation University, reinforcing Burn Your Boats' commitment to fostering a supportive and knowledgeable community of investors.TakeawaysProactive tax planning is essential for financial success.Self-directed IRAs provide flexibility in investment choices.Roth accounts offer tax-free growth opportunities.Documentation is crucial when using self-directed accounts.Financial literacy is a key factor in entrepreneurial success.Understanding your burn rate is vital for cash management.The entrepreneurial journey requires strategic financial planning.Investors should be aware of prohibited transactions in IRAs.Financial Liberation University aims to educate entrepreneurs.Building wealth requires a combination of strategy and knowledge.Chapters00:00Introduction to Self-Directed IRAs09:10Understanding Self-Directed Accounts and Their Benefits14:21The Entrepreneurial Shift in Wealth Building18:28Roth vs. Traditional Accounts: Making the Right Choice22:35Overcoming Challenges with Self-Directed IRAs30:17Financial Liberation University: Bridging the Knowledge Gap35:26The Role of Tax Strategy in Real Estate Investment35:26New Chapter36:25BYB Outrohttps://burnyourboatswealth.com/https://beccfo.com/ Hosted on Acast. See acast.com/privacy for more information.

Hurricane Helene and then Milton. In this controversial episode, Clark and David delve into the impending hurricane poised to strike Tampa, illuminating the far-reaching implications that natural disasters have on both communities and economies. They boldly explore the transformative concept of 'creative destruction,' revealing how these calamities can serve as catalysts for economic opportunity and innovation. Emphasizing the critical need for proactive disaster preparedness, they align with Burn Your Boats mission to empower individuals toward financial independence and strategic foresight. The conversation takes a poignant turn as they address the unique challenges faced by low-income communities post-disaster, underscoring Burn Your Boats unwavering commitment to fostering a supportive network of investors dedicated to uplifting these vulnerable populations. Ultimately, listeners are urged to pivot in their personal and financial lives, seizing the moment to uncover opportunities in adversity, in perfect harmony with Clark and David's empowering message.takeawaysNatural disasters can create both challenges and opportunities.Being proactive in disaster preparedness is crucial.Creative destruction can lead to economic growth after a disaster.Gentrification often follows natural disasters, impacting communities.The importance of pivoting in business and life cannot be overstated.Communities with higher income recover faster after disasters.Insurance costs can skyrocket after a disaster, affecting affordability.The role of government intervention is critical in supporting low-income communities.Understanding the economic impact of disasters is essential for recovery.Embracing change and growth is necessary for long-term success.The Aftermath of Disaster: A New BeginningThe Role of Community in Disaster Recovery"What happens after the storm?""You can stick your head in the sand.""Every developer is running around trying to buy."Chapters00:00Preparing for the Storm04:44Coping Strategies and Mindset07:59The Impact of Natural Disasters10:58Creative Destruction and Economic Shifts13:42The Importance of Pivoting16:58Gentrification and Community Changes19:51The Role of Wealth in Recovery22:39Insurance and Safety Concerns25:36Opportunities in Adversity28:17The Future of Neighborhoods31:17Conclusion and Reflections54:37BYB Outro 169.mp4keywordshurricane, pivoting, economic impact, creative destruction, gentrification, housing market, community safety, natural disasters, opportunity, recovery, hurricane helene, hurricane milton, tampa florida, tampa bay Hosted on Acast. See acast.com/privacy for more information.

Community Resilience After the Storm. In this compelling episode, Clark and David delve deep into the profound aftermath of Hurricane Helene, shedding light on the remarkable resilience exhibited by Florida's communities. They underscore the critical importance of strategic planning and foresight, inspiring listeners to navigate challenges with confidence and empowerment, in alignment with Burn Your Boats' mission. The discussion also highlights invaluable lessons learned from the housing market's response to the storm, urging investors to engage proactively and make informed decisions that can significantly alter their financial trajectories in the wake of natural disasters. Furthermore, the implications of Airbnb regulations take center stage as a pivotal topic, compelling the audience to reflect on how such changes can impact housing availability and investment opportunities. By sharing personal observations, Clark and David create a relatable connection that reinforces the community-driven ethos of Burn Your Boats, providing listeners with valuable insights that resonate on a personal level. Conclusively, they issue a powerful call to action, motivating the audience to adopt proactive mitigation strategies and emphasizing the critical importance of financial literacy and informed decision-making in flood-prone areas.TakeawaysHurricane Helene has brought a new dawn for Florida's waterfront neighborhoods.The aftermath of the storm reveals significant challenges for accommodation.Community resilience is evident as people come together to help each other.Airbnb regulations have created a shortage of available housing during crises.The future of housing may see a boom in new construction due to storm impacts.Mitigation strategies are essential for preparing for future storms.Choosing the right location is crucial when buying a home in Florida.The storm's impact was more about flooding than wind damage.Education on flood zones and insurance is vital for homeowners.Proactive measures can minimize risks associated with living in flood-prone areas.Sound Bites"This is a new day of reckoning.""Can you talk to me about hurricanes?""Accommodation is going to be a really, really big problem."Keywords:Hurricane Helene, Florida, property investment, community resilience, Airbnb regulations, housing market, storm mitigation, real estate, flood zones, construction boom, Florida real estate, fema, coastal living, evacuation zone, Chapters00:00Introduction and Context of Hurricane Helene04:40Personal Observations and Community Response07:43Before the Storm: Decisions and Preparations10:53After the Storm: Damage Assessment and Experiences13:38Understanding Different Types of Storms16:34The Impact of Home Types on Flood Damage19:37Rural Areas and Their Vulnerabilities22:24Mitigation Strategies and Community Action24:58The Importance of Elevation and Location27:38Moving Forward After the Storm40:05The Aftermath of the Storm48:45Accommodation Crisis Post-Storm50:44Rebuilding Decisions: Renovate or Rebuild?53:49The Future of Home Construction in Florida57:41Insurance and Financial Considerations59:00Government's Role in Infrastructure and Support01:03:59Personal Responsibility and Future Choices01:13:53New Chapter01:14:51BYB Outro Hosted on Acast. See acast.com/privacy for more information.

How can your current real estate profile bring you more Joy? Clark and David delve into the dynamic and ever-evolving landscape of real estate investing, shedding light on how this transformation can profoundly influence your financial aspirations. They passionately advocate for the critical need to reassess your investment strategies, particularly as your life goals evolve, urging you to seize the opportunity to pivot towards greater financial independence and fulfillment. Through the lens of the transformative 1031 exchange, they unveil a strategic pathway for consolidating properties and shifting your focus from mere quantity to the quality of your real estate portfolio. The discussion resonates with relatable stories of individuals who have experienced remarkable transformations by aligning their investments with their true desires, fostering a sense of community within the Burn Your Boats movement. As the episode draws to a close, the Clark and David empower you with actionable advice that inspires you to actively evaluate your investment journey, encouraging you to embrace the pursuit of a more aligned and fulfilling financial future. Tune in and take the first step towards realizing your dreams!TakeawaysInvestors often need to reassess their strategies as life goals change.The 1031 exchange is a powerful tool for property consolidation.Quality assets tend to perform better than quantity in real estate.Market trends can often be misleading and should be viewed holistically.Investing in new construction can provide better opportunities in today's market.It's important to identify underperforming properties in your portfolio.Real estate investing should bring joy, not stress.Investors should focus on long-term goals rather than short-term market fluctuations.The evolution of an investor's portfolio is a natural process.It's never too late to change course and realign your portfolio.Sound Bites"Reassessing your strategy. Does it still work for you?""Real estate is just not something that you go home every night and watch."Chapters00:00The Perception of Real Estate in the Current Market08:07The Success of New Home Builders14:58Challenges Faced by Investors with Lower-End Properties27:04The Evolution of Real Estate Investors30:32The Hindsight of a Real Estate Journey34:09Understanding the Purpose of Buying for Tax Purposes36:09The Benefits of a 1031 Exchange for Property Consolidation38:57Realigning Your Portfolio for Joy and Success57:39The Importance of Feedback58:13The Power of Storytelling58:20BYB Outro Hosted on Acast. See acast.com/privacy for more information.

What characteristics and qualities will shape your success? Clark and David's journey is a testament to the transformative power of humility and hard work, much like a sculptor chiseling away at a block of marble to reveal a masterpiece hidden within. As they reflect on their successes, they don't shy away from discussing the missteps that shaped them, creating a vivid tapestry of triumphs and trials. Their stories underscore the value of being thrifty and investing early, all while maintaining a sense of urgency that propels one forward. But perhaps the most crucial lesson is the importance of a supportive network—like a well-tended garden, the right people can nurture your growth and help you flourish. They remind us that true success is a marathon, not a sprint, requiring patience and a long-term vision. So, let's not just chase after financial metrics; let's redefine success to embrace a holistic view of life that celebrates personal fulfillment and community connection. Are you ready to join the Burn Your Boats movement and embark on your own journey to a richer life?TakeawaysSuccess is often harder to discuss than failures.Being humble and not seeking to impress others is crucial.Investing early and consistently can lead to long-term success.Surrounding yourself with ambitious and like-minded individuals is important.Maintaining a sense of urgency while being patient with results is key.Health and fitness play a significant role in overall success.Understanding the relationship between debt, time, and scale is essential.Living below your means can create financial freedom.Curiosity and continuous learning are vital for personal growth.Aligning personal and professional goals leads to greater fulfillment.success, personal growth, real estate, entrepreneurship, financial independence, mindset, investment, life lessons, business strategies, self-improvementSound Bites"We are flipping the script on you guys""Today is actually a pretty unique one""We want you, the listener, to be able to take those mistakes"Chapters00:00Introduction09:03The Value of Authenticity and Humility17:12Keeping Expenses Low and Investing Early22:53Thrifty and Risk-Tolerant: Traits for Success26:29Avoiding Toxic Environments and Surrounding Yourself with Positivity29:46The Power of Curiosity and Knowing Your Destination30:51The Power of Work Ethic and Self-Employment37:31Embracing Discomfort and Seeking Growth44:01The Importance of Honesty, Integrity, and Reputation46:51Understanding Debt, Time, and Scale48:41Prioritizing Health and Fitness50:31Valuing Each Day and Embracing the Journey56:50The Impact of Spousal Alignment59:31The Importance of Feedback01:00:06The Power of Storytelling01:00:13BYB Outro.mp4 Hosted on Acast. See acast.com/privacy for more information.

Financial oversight in real estate: Your questions answered. In a heartfelt exchange, David and Clark delve into the intricate world of real estate portfolio management, revealing the emotional weight that property owners often carry. They candidly share their own struggles, painting a vivid picture of the challenges that arise in the pursuit of optimizing asset performance. Their discussion underscores the pivotal role of proactive oversight by asset managers, whose expertise can transform overwhelming responsibilities into streamlined processes that empower property owners. By distinguishing between the duties of property managers and asset managers, they illuminate the necessity of understanding market dynamics and the strategic foresight required to scale investments effectively. This conversation serves as a crucial moment for listeners, inviting them to reflect on their investment strategies and consider the profound benefits of enlisting an asset manager to lift the burdens of property management. As they extend an invitation to the Burn Your Boats community, David and Clark encourage everyone to share their own experiences and challenges, fostering a sense of camaraderie and support. Ultimately, they leave listeners inspired to take actionable steps towards financial empowerment, urging them to reconsider their approach to asset management as a vital pathway to achieving their financial aspirations.TakeawaysAsset management is crucial for real estate investors.Property managers handle day-to-day tasks but are not asset managers.Understanding your portfolio's performance is essential for growth.Proactive oversight can prevent costly mistakes.Scaling a real estate portfolio can become overwhelming without help.Asset managers can optimize returns and manage property managers.Investors should evaluate the quality of their assets regularly.The opportunity cost of managing properties can be significant.Investing in higher quality assets can lead to better returns.Private lending can be a viable alternative to property management.Sound Bites"You need a break, you need a strong cocktail.""Owning a real estate portfolio is not one of them.""Your ownership responsibilities start at home with you."Chapters00:00Introduction and Personal Challenges03:57The Work Starts at Your Mailbox09:06The Responsibilities of Owning a Real Estate Portfolio19:15The Limitations of Property Managers25:18The Challenges of Scaling a Rental Portfolio29:51The Role of Asset Managers in Property Management35:38How Commercial Investors Handle Property Management37:59The Importance of Return on Equity41:20The Responsibilities of an Asset Manager52:26The Freedom of Asset Managementkeywordsreal estate, property management, asset management, investment strategy, rental properties, portfolio management, landlord challenges, financial oversight, tenant relations, scaling investments Hosted on Acast. See acast.com/privacy for more information.

In this enlightening episode, Clark and David unravel the transformative power of the rule of 72, a simple yet profound formula that could redefine your financial future. Imagine the life-changing potential of a small investment; with just $10,000 set aside for an infant today, we're talking about a staggering $2.56 million in 48 years! This is not just a number—it's a powerful reminder that every journey to financial independence begins with a single step, and understanding the rule of 72 can be your guiding light through the often murky waters of investment growth. They expertly break down this concept, illustrating how it demystifies the investment process and empowers you to make informed, strategic decisions that align with your dreams of wealth and security. By choosing the right investment vehicle tailored to your financial timeline and goals, you can take control of your financial destiny.Join us in this vibrant community at Burn Your Boats, where the journey to financial literacy and independence is not just encouraged but celebrated. Embrace the opportunity to learn, grow, and transform your financial future—because your aspirations deserve to thrive!Don't forget to Like, Share, and Leave a Review!Keywordsrule of 72, financial decision-making, investment growth, manage expectations, financial freedom, time as wealth, investing, investment vehicles, real estate private lending, wealth creation, cashflowTakeawaysThe rule of 72 is a powerful formula that helps estimate how long it will take for an investment to double in value given a fixed annual rate of return.Understanding the rule of 72 can provide clarity and help manage expectations when it comes to investment growth.The rule of 72 simplifies the decision-making process by cutting through analysis paralysis and allowing for quick calculations of investment timelines.Time and money have a relationship in the rule of 72, and understanding this relationship is crucial for making informed financial decisions. Time is a valuable form of wealth that can be used to grow investments.The rule of 72 can be applied to understand the impact of compounding returns over time.Choosing the right investment vehicle depends on the amount of time and money available.Real estate private lending offers a secure and predictable investment option.Sound Bites"The rule of 72 is a simple, powerful formula that has significantly impacted my thinking.""The rule of 72 allows you to measure your risk-return relationship and helps you identify your real goals and expectations.""The power of 72 can be used to manage your expectations and balance risk in your investment decisions."Chapters00:00 Introduction and Importance of Guests03:47 Narrowing the Focus of the Podcast05:46 The Ecosystem of Real Estate and Financial Growth10:35 Explaining the Rule of 7213:18 The Rule of 72 in Financial Education17:51 Managing Expectations with the Rule of 7223:12 Applying the Rule of 72 in Various Scenarios28:07 The Relationship Between Time and Money30:05 Introduction to the Rule of 7232:34 The Power of Compound Interest Over Time35:51 Applying the Rule of 72 to Retirement Planning38:08 Choosing the Right Investment Vehicle39:59 The Importance of Stability and Integrity in Investments44:30 Exploring Different Investment Options51:20 The Role of Real Estate in the Rule of 7257:10 Real Estate Private Lending as a Secure Option01:02:15 Simplifying Investment Decisions with the Rule of 7201:04:52 The Importance of Feedback01:05:26 The Power of Storytelling01:05:33 Outro Hosted on Acast. See acast.com/privacy for more information.

Clark and David interview Brian Luebben, owner of The Action Academy, who shares his journey of leaving a high-paying corporate job to pursue entrepreneurship and financial freedom at only 28 years old. Brian Luebben's leap from the corporate ladder to the entrepreneurial summit is nothing short of awe-inspiring—he's not just breaking the mold; he's setting it ablaze! By shedding the shackles of a high-paying job, he discovered the true essence of empowerment and freedom that Burn Your Boats champions. Brian embodies the spirit of pushing boundaries and seizing opportunities, reminding us that the journey to joy is often paved with bold choices and new experiences. His adventures in travel have not only broadened his horizons but also enriched his understanding of life's intricate tapestry. As we navigate through the various stages of our lives, our priorities and goals naturally evolve, urging us to reflect on our financial aspirations with fresh eyes. Brian champions the idea of investing your energy wisely and nurturing relationships, whether through coaching or cultivating a vibrant community. In a world where business sustainability reigns supreme, Brian's insights on choosing timeless industries and forging powerful partnerships resonate deeply.Action Academy: https://www.actionacademypod.com/TakeawaysPush your limits and explore different opportunities to find what brings you joy.Travel can provide new perspectives and expand your worldview.Priorities and goals shift over time, and it's important to adapt and grow.Invest in people through coaching and building a community to condense time and accelerate growth.Choose industries that have been around for a while and will continue to be in demand for sustainable businesses.Be cautious about partnerships and consider the time and energy commitment involved.Real estate can be a valuable asset for creating wealth, especially when understood in terms of debt, time, and scale.Sound Bites"We're all just giant meat puppets walking around in a spinning, floating rock in an infinite universe.""The secret to happiness is the pursuit of a hard thing and the pursuit of a hard goal constantly.""I think it's a game of limits. I think the goal of your twenties and the goal of your thirties is to figure out where your limits are and expand them.""Build a calm, cool cucumber while I built my business up to seven figures.""Return on energy, right?.""There's nothing passive about business. Passivity is found on the other side of profits and people."Chapters00:00 Challenging Conversations and Asking 'Why'01:55 Burning Your Boats and Enjoying the Journey04:37 The Pursuit of Hard Goals11:19 The Value of Travel and Gaining New Perspectives22:59 The Importance of Return on Energy in Investment Decisions28:11 Building a Cashflow Vehicle for Financial Stability32:54 Taking Action and Surrounding Yourself with Like-Minded Individuals33:44 Identifying Your Strengths and Finding the Right Business to Buy37:26 The Importance of Sustainable Industries and Clean Financials41:33 Combining Business and Real Estate Investments for Wealth Creation48:22 Investing in People and Finding the Right Coaches and Communities01:06:15 Condensing Time and Taking Action01:07:40 Harnessing Technology and Building a Community01:08:20 Surrounding Oneself with Experienced Professionals01:10:30 The Importance of Controlled Growth01:11:09 Dedication to Personal Brand, Community, and Business01:11:25 The Power of Hard Work and Action01:11:47 New Chapter01:12:45 BYB Outro Hosted on Acast. See acast.com/privacy for more information.

248: Burn your Boats: The power of commitment   READY TO WORK WITH ME? Fill out this form and schedule a call to chat: JOIN NOW WANT TO ACCESS MY SIGNATURE 6 FIGURE SYSTEM TRAINING FOR FREE??? >>>CLICK HERE

SummaryIn the two-part series of the Burn Your Boats podcast, Clark and David candidly share their own screw-ups and F-ups in real estate investing. They stress the importance of learning from mistakes and provide actionable takeaways for listeners. In their conversation, they delve into common mistakes and screw-ups made by investors in real estate, such as overpaying for properties, cutting corners on renovations, not understanding comps, using cheap contractors, lacking multiple exit strategies, and not comprehending debt and financing terms. They also highlight the challenges faced by investors who purchased properties from new home construction builders. As a trusted source of real estate investing education, Burn Your Boats offers practical and professional insights for both novice and seasoned investors. Join the Burn Your Boats investor community to access exclusive content and resources for personalized advice on wealth building and management. Overall, this conversation provides valuable lessons for real estate investors, showcasing relatable examples and emphasizing the importance of learning from mistakes to achieve success in the industry. Link to Skool: https://www.skool.com/burnyourboatswealth/aboutKeywordsreal estate investing, screw-ups, F-ups, overpaying, soft costs, renovations, problematic areas, red tags, permits, real estate, investing, mistakes, screw-ups, overpaying, cutting corners, renovations, comps, contractors, exit strategies, debt, financing, new home constructionTakeawaysReal estate investing is a long game and everyone makes mistakes along the way.Factor in soft costs such as closing fees, utilities, and prepaid expenses.Understand the time it takes for renovations and plan accordingly.Be cautious of buying in areas with problematic neighbors or issues.Understand the importance of permits, red tags, and working with experienced contractors.Be cautious of properties with unpermitted additions or inaccurate square footage.Have multiple exit strategies and consider the long-term rental option.Understand the terms and costs of debt, especially with hard money loans.Evaluate comps and understand the market conditions before making a purchase.Don't rely on one trick pony strategies; have backup plans and multiple options.Be aware of the challenges faced by investors who bought properties from new home construction builders.Join the Burn Your Boats Wealth community for access to free tools and resources.Sound Bites"It's super exciting to own real estate or any asset when it is growing exponentially, the market is bubbling, you can see your profits rolling in monthly.""We're going to discuss all of our absolute mess ups over the years. If we made them, trust me, you're going to make them too.""Burning your boats using real estate is not something that happens overnight. You have to have the gumption and the foresight and the ability to hold real estate long term.""You overpay for a property, that means you have to underpay for other things."Chapters00:00Introduction and Purpose of the Episode11:44Chapter 1: Avoiding Overpaying and Understanding Soft Costs15:21Chapter 2: Managing Renovation Timelines and Delays27:06Chapter 4: The Importance of Red Tags and Permits29:03Chapter 5: The Dangers of Cutting Corners in Real Estate Investing33:30Hiring Experienced Contractors37:18Understanding Property Value43:52Multiple Exit Strategies52:36Buying Near New Home Construction56:40Joining a Real Estate Community57:50Outro Hosted on Acast. See acast.com/privacy for more information.

Buy the book "STREET HUSTLE" ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://tom-torero.dpdcart.com

In this episode of the Goalie Mindset Podcast, host Pete Fry talks with Tom Lawson about his incredibly inspiring  journey as a goalie. Tom achieved many great things in his career and shares great stories with Pete that can be deemed as legendary!Tom shares his transition from defenseman to goalie, his rise from minor hockey to junior A, and the importance of betting on oneself without a having a "Plan B". He recounts his college and professional challenges, emphasizing perseverance and self-belief. A pivotal moment as an emergency backup for the Fort Wayne Comets showcases his determination, leading to a game-winning performance and future NHL opportunities. Tom's story highlights resilience, bold actions, and unwavering commitment to his hockey career. Tom emphasizes the importance of self-belief and determination, recounting pivotal moments like signing with the Colorado Avalanche. He discusses personal aspects, such as meeting his wife at Bowling Green and her teaching career. The player highlights the influence of teammate Peter Budaj and reflects on his experiences in the AHL, KHL, and European leagues. He also talks about his transition to becoming a firefighter and starting a successful goalie training business, underscoring the value of hard work and resilience.Topics discussed:From High School to Junior HockeyThe Importance of Betting on OneselfThe Impact of Not Having a Plan BThe "Burn Your Boats" MentalityEducation and Scholarship OffersPushing for OpportunitiesInjury and Rehabilitation Seeking Pro Hockey OpportunitiesDetermination and PersistenceDecision to Play in EuropeNegotiating a ChanceLifting weights and working outStarting a goalie training businessAdvice to younger selfThis episode is a MUST listen!Sign up for the Pete Fry and The Hockey Club Goalie Mindset Seminar on July 7th, 2024: https://www.goaliemindsetpower.com/thehockeyclubPrivate Goalie Mindset CoachingDaily Insight and Tips on InstagramDaily Insight and Tips on TikTokListen to other podcastsStay up to date with everything at https://www.petefry.net/

SummaryIn this episode, David Shaw and Clark Lunt discuss the importance of partnerships in real estate. They emphasize the need for trust and integrity in a successful partnership, highlighting the significance of honesty and treating each other with respect. They also stress the importance of planning for success and having post-success agreements to align visions and goals. Additionally, they discuss the benefits of partnerships, such as leveraging different skill sets, camaraderie, and networking opportunities. The conversation concludes with a discussion on money and expenses in partnerships, emphasizing the need for open communication and setting clear expectations. This conversation explores the important aspects of forming a business partnership, including distributions and tax structure, equity and value contribution, capital and skilled partners, time and business concept, vision and forward thinking, splitting equity and partnership agreements, exit strategies and changing priorities, and choosing the right business partner.TakeawaysTrust and integrity are crucial in a successful partnership.Partnerships should be based on shared values and a mutual commitment to honesty and respect.Planning for success and having post-success agreements are essential to align visions and goals.Partnerships offer benefits such as leveraging different skill sets, camaraderie, and networking opportunities. Discuss distributions and tax structure upfront to avoid issues with cash flow and tax payments.Consider the value each partner brings to the business when determining equity.Capital is easy to replace, but a skilled business partner is difficult to replace.Time, business concept, and forward thinking are important factors in determining equity.Create a partnership agreement to outline expectations and provide a roadmap for the partnership.Have an exit strategy in place and address potential issues that could lead to dissolution.Choose a business partner based on complementary skills and shared vision.Chapters00:00Introduction to Partnerships in Real Estate03:09The Importance of Trust in Partnerships06:27Integrity and Honesty in Partnerships09:15The Fun and Enjoyment of Being in a Partnership12:26The Role of Oversight in Partnerships13:59Planning for Success in Partnerships15:18The Importance of Post-Success Agreements23:25Discussing Money and Expenses in Partnerships24:38Distributions and Tax Structure26:24Equity and Value Contribution29:28Capital and Skilled Partners30:57Time and Business Concept33:22Vision and Forward Thinking36:39Splitting Equity and Partnership Agreements38:18Exit Strategies and Changing Priorities43:30Choosing the Right Business Partner Hosted on Acast. See acast.com/privacy for more information.

SummaryIn this podcast episode, David and Clark discuss what they would do differently if they were 23 years old again. They emphasize the importance of focusing on scalable skills, such as marketing, branding, and sales. They also highlight the opportunity to buy existing businesses and leverage their skills to grow and sell them for a profit. Finally, they suggest investing the proceeds into income-generating assets like real estate or stocks to achieve financial freedom. The key takeaways from the conversation are: 1) Money doesn't solve all problems, so focus on valuable skills and take care of your health. 2) Education is valuable, but certain skills may be disrupted by AI, so consider alternative paths. 3) Consider getting into real estate as a way to build wealth and create multiple income streams. 4) Surround yourself with like-minded individuals and seek mentorship to accelerate your growth. 5) Take action, be purposeful, and avoid complacency. 6) Limit alcohol consumption and prioritize health and fitness. 7) Buy a house early on and house hack to lower expenses. 8) Invest in personal development and seek coaching or mentorship. 9) Be mindful of the company you keep and avoid naysayers. 10) Real estate is a great opportunity for wealth building, but it requires learning and understanding the business side as well.TakeawaysFocus on learning scalable skills like marketing, branding, and sales.Consider buying existing businesses and leveraging your skills to grow and sell them for a profit.Invest the proceeds into income-generating assets like real estate or stocks to achieve financial freedom. Money doesn't solve all problems, focus on valuable skills and healthConsider alternative paths as certain skills may be disrupted by AIReal estate can be a path to wealth and multiple income streamsSurround yourself with like-minded individuals and seek mentorshipTake action, be purposeful, and avoid complacencyLimit alcohol consumption and prioritize health and fitnessBuy a house early on and house hack to lower expensesInvest in personal development and seek coaching or mentorshipBe mindful of the company you keep and avoid naysayersReal estate is a great opportunity for wealth buildingSound Bites"Money doesn't make you happy.""Learn branding, marketing, and sales.""Learn a scalable skill like marketing.""It'll hockey stick the sales, just hockey stick. It'll just go parabolic for you.""Don't get stressed in your life, please. Don't let stress kill you. Take care of your health.""Education is great, but I just think it's changing. I could be wrong."Chapters00:00Introduction: The Importance of Advice for 23-Year-Olds03:56Chapter 1: Building Scalable Skills14:37Chapter 2: Sourcing or Building Products26:45Chapter 4: From Business Profits to Financial Freedom31:27Chapter 5: Balancing Financial Success with Personal Growth33:53Money, Action, and Risks36:19Learning Skills and Surrounding Yourself with Like-Minded Individuals38:13Exploring Trades and Real Estate43:22Building a Business and Acquiring Skills46:41Sales and Making Money in Your Twenties58:06Real Estate as a Path to Success01:04:24Taking Care of Yourself and Living a Balanced Life01:06:53Outro Burn Your Boats.mp4This is for entertainment purposes, this is not legal or financial advise. Please see full disclaimer at www.BurnYourBoatsWealth.com Hosted on Acast. See acast.com/privacy for more information.

SummaryIn this episode, David and Clark discuss real estate cycles and how to navigate them. They explain the four stages of a real estate cycle: elevated negativity, neutral acceptance, confidence, and irrational exuberance. They emphasize the importance of understanding where you are in the cycle and making strategic decisions based on that. They provide advice for homeowners, flippers, and other types of investors, highlighting the risks and opportunities in each stage of the cycle. They also caution against making emotional or uninformed decisions and stress the importance of data and underwriting in real estate investing. In this conversation, Clark and David discuss the different stages of the real estate cycle and how they impact investors. They emphasize the importance of understanding the current stage of the cycle and adjusting investment strategies accordingly. They also highlight the role of access to capital and fluctuations in interest rates in driving market cycles. The conversation concludes with the advice to consistently buy quality assets and not get caught up in the fear or exuberance of the market.TakeawaysReal estate cycles consist of four stages: elevated negativity, neutral acceptance, confidence, and irrational exuberance.Understanding where you are in the real estate cycle is crucial for making strategic decisions.Homeowners should consider factors such as rental income and interest rates before deciding to sell their property.Flippers need to be cautious in a high-interest rate environment with increasing inventory.Investors should rely on data and underwriting to make informed decisions and avoid emotional or uninformed choices. Understanding the current stage of the real estate cycle is crucial for investors to adjust their strategies accordingly.Access to capital and fluctuations in interest rates play a significant role in driving market cycles.Consistently buying quality assets and focusing on long-term buy and hold strategies can provide peace of mind and financial stability.It is important to be cautious and not get caught up in the fear or exuberance of the market.Sound BitesChapters00:00Introduction to Real Estate Cycles04:55Stage 1: Elevated Negativity07:50Stage 2: Neutral Acceptance14:05Stage 3: Confidence20:30Stage 4: Irrational Exuberance26:18Why Real Estate Cycles Happen36:03How to Spot Real Estate Cycles44:35Introduction and Setting the Stage44:35Understanding Market Cycles45:32Cap Rate Compression and Investor Advantage47:33Spotting Market Cycles in Different Locations49:33Different Scenarios for Homeowners51:52Different Scenarios for Flippers52:50Different Scenarios for Realtors53:48Understanding Risk and Anxiety in Different Scenarios54:46Summary and Takeaways01:28:47Outro Burn Your Boats.mp4 Hosted on Acast. See acast.com/privacy for more information.

Thank you for listening! Follow us on Facebook and Instagram. You may also watch this podcast on YouTube!You may also follow Sam Taggart on Facebook, Instagram, and TikTok for more nuggets on D2D and Sales Tips.

Hello and welcome! The intention of this podcast is to provide insight, support, and encouragement to anyone who exhibits narcissistic tendencies. My goal is to help you live a more meaningful, empathic, and fulfilling life. I also specialize in present and future-focused coaching to help individuals and couples. To learn more about me, please visit ⁠⁠⁠⁠⁠⁠⁠https://drericperry.com⁠⁠⁠⁠⁠⁠⁠ or to support this podcast, please visit ⁠⁠⁠⁠⁠⁠⁠https://anchor.fm/recoveryforthenarcissist/support⁠⁠⁠⁠⁠⁠⁠ Disclaimer: The content contained in this podcast is for general information only and is not intended to be a substitute for professional advice, assessment, diagnosis, or treatment. Listeners should not rely on the information provided for their own health needs. All specific questions should be presented to your own healthcare provider. Listening to this podcast in no way creates a professional/working relationship between the listener and the host. If at any time you have an emergency while listening, please contact your local emergency center immediately. --- Support this podcast: https://podcasters.spotify.com/pod/show/recoveryforthenarcissist/support

SummaryIn this conversation, David and Clark discuss why many real estate investors end up becoming slumlords and how to avoid this scenario. They highlight the importance of starting with good intentions and understanding the long-term consequences of neglecting property maintenance and rental rates. They emphasize the need to prioritize high-quality neighborhoods and properties, as well as the importance of regular tenant turnover and property improvements. By following these strategies, investors can avoid the pitfalls of becoming slumlords and maximize their cash flow and equity. The principal themes of the conversation are: treating rental properties as a business, providing high-quality housing, reinvesting in the property, setting rent based on market rates, conducting regular property walkthroughs, and maintaining the property's value. The key takeaways include: running a rental property as a business, not being afraid to invest in the property, setting rent based on market rates, conducting regular property inspections, and maintaining the property's value over time.TakeawaysMany real estate investors unintentionally become slumlords due to neglecting property maintenance and rental rates.Starting with good intentions is not enough; investors need to prioritize high-quality neighborhoods and properties.Regular tenant turnover and property improvements are essential to maintaining cash flow and equity.Neglecting property maintenance and rental rates can result in significant financial losses over time. Treat rental properties as a business and provide high-quality housing.Reinvest in the property to maintain its value and attract high-quality tenants.Set rent based on market rates and consider the increasing costs of running the business.Conduct regular property walkthroughs to stay on top of maintenance and ensure tenant satisfaction.Chapters00:00Introduction: The Topic of Becoming a Slumlord05:25The Genesis of Becoming a Slumlord12:46The Standoff with Tenants16:21Deferred Maintenance and Selling at a Discount19:18The Tired Landlord and Selling to Cash Buyers23:39Selling at a Discount to Flippers or Wholesalers27:51The Cost of Being a Slumlord33:15How to Avoid Becoming a Slumlord46:31Avoiding Slumlord Status50:28The Importance of Long-Term Thinking53:51Balancing Cash Flow and Asset Appreciation57:11The Profound Effect of Early Decisions59:39Summary: Don't Be a Slumlord59:56Outro Burn Your Boats.mp4 Hosted on Acast. See acast.com/privacy for more information.

SummaryIn this conversation, David and Clark discuss the concept of buying rentals to replace active income. They emphasize that the goal is not to replace the entire income immediately, but rather to cover expenses and create financial stability over time. They explain how a real estate portfolio can pay for expenses, eliminate or reduce taxes, and appreciate in value, ultimately providing a source of passive income. They highlight the importance of building a portfolio to protect against job loss, economic downturns, and other uncertainties. The conversation emphasizes the long-term benefits of investing in real estate. In this conversation, David and Clark discuss the importance of understanding how real estate works and how to build a real estate portfolio. They emphasize the concept of financial freedom and how real estate can help achieve it. David suggests a strategy of buying high-quality assets every year, starting with a $300,000 home and gradually increasing to a million-dollar property. He also highlights the importance of separating real estate as a business from personal life and the need for discipline and long-term thinking.TakeawaysThe goal of buying rentals is not to replace the entire income immediately, but to cover expenses and create financial stability over time.A real estate portfolio can pay for expenses, eliminate or reduce taxes, and appreciate in value, providing a source of passive income.Building a real estate portfolio helps protect against job loss, economic downturns, and other uncertainties.Investing in real estate provides long-term benefits and can lead to financial freedom. Understanding how real estate works is crucial for building a successful portfolio.Buying high-quality assets every year can lead to financial freedom.Separating real estate as a business from personal life is important.Discipline and long-term thinking are key to building a real estate portfolio.Chapters00:00 Introduction to the topic04:11 Understanding Active Income and Real Estate Portfolio12:52 How Real Estate Portfolios Act Like W-2 Income21:28 David's Journey and the Importance of Real Estate Portfolios33:13 Clark's Journey and Leveraging FHA Loans51:35 Starting Out and Overcoming Financial Anxiety54:44 Getting Started with Real Estate Investing58:13 Building a Portfolio for Financial Freedom01:00:18 Separating Real Estate as a Business01:02:13 Earning a High Income and Scaling01:07:47 Decoupling from High Income and Letting Time Work01:10:08 Summary and Takeaways01:12:19 Outro Burn Your Boats Hosted on Acast. See acast.com/privacy for more information.

SummaryThis conversation discusses the contradictory information of falling mortgage interest rates and rising inflation. The speaker explains that the decrease in mortgage rates is due to lenders feeling more secure about the long-term trajectory of interest rates. This is supported by the Federal Reserve's actions, which indicate that rates will remain steady or fall. The speaker suggests that the real mandate of the Federal Reserve is to get investors out of the market and give it back to first-time buyers and homebuyers. The conversation also highlights the buying opportunities in the built environment and second-hand homes.TakeawaysMortgage interest rates are falling while inflation is rising, creating contradictory information.The decrease in mortgage rates is due to lenders feeling more secure about the long-term trajectory of interest rates.The Federal Reserve may be trying to get investors out of the market and give it back to first-time buyers and homebuyers.There may be buying opportunities in the built environment and second-hand homes.Chapters00:00 Introduction and Mortgage Interest Rates01:56 Contradictory Information: Falling Mortgage Rates and Rising Inflation07:45 The Fed's Actions and the Real Estate Market10:08 Opportunities for First-Time Home Buyers13:33 Investors Sitting on the Sidelines15:47 Conclusion and Call to Action17:31 Timely 10 Outro Hosted on Acast. See acast.com/privacy for more information.

SummaryIn this episode, David and Clark discuss whether now is a good time to buy real estate. They explore different strategies such as wholesaling, fix and flip, buy and hold, and commercial small multifamily. They provide insights for each strategy and discuss the current market conditions. Ultimately, they emphasize the importance of understanding one's own financial situation and long-term goals when deciding whether to buy real estate. In this episode, Clark and David discuss the key principles of successful real estate investing. They emphasize the importance of long-term thinking and highlight the unpredictable nature of the real estate market. The conversation covers factors to consider when investing in real estate, strategies for mitigating risks, and the benefits of building a diversified portfolio. The episode concludes with a reminder to focus on doing what you enjoy and saying no to opportunities that don't align with your goals.TakeawaysThe answer to whether now is a good time to buy real estate depends on individual strategies and goals.Wholesalers can take advantage of the current market by finding and assigning contracts without using their own money.Flippers may face challenges in the current market due to high acquisition costs, construction costs, and longer selling times.Buy and hold investors should consider their financial situation and long-term goals, as cash flow may be limited in the current market.Commercial small multifamily properties may not be a good investment option due to high prices, low cash flow, and distressed conditions.Chapters00:00Introduction02:14Chapter 1: Is Now a Good Time to Buy? - Wholesalers08:39Chapter 2: Is Now a Good Time to Buy? - Fix and Flip23:37Chapter 3: Is Now a Good Time to Buy? - Buy and Hold35:09Chapter 4: Is Now a Good Time to Buy? - Commercial Small Multifamily43:28Conclusion02:30The Importance of Long-Term Thinking10:15Understanding Real Estate Market Cycles20:45Factors to Consider When Investing in Real Estate30:20Mitigating Risks in Real Estate Investments40:10Building a Diversified Real Estate Portfolio48:10Conclusion and Final Thoughts Hosted on Acast. See acast.com/privacy for more information.

SummaryIn this episode of Timely 10, Clark and David discuss an article about millennials being priced out of affordable housing. They explore the media's presentation of this issue and the frustrations it can cause. They caution renters about the inevitability of rent increases and compare the current situation to previous generations. They emphasize the sacrifices and lifestyle choices necessary to afford housing and highlight the availability of alternative rental options. The episode concludes with advice for millennials to consider their long-term goals and make informed choices about their housing options.TakeawaysThe media's presentation of millennials being priced out of affordable housing can be frustrating and fear-mongering.Renters should be aware of the inevitability of rent increases and consider long-term housing goals.Comparison to previous generations shows that housing affordability has always been a challenge.Millennials have the option to make sacrifices and choose alternative rental options to afford housing. Hosted on Acast. See acast.com/privacy for more information.

SummaryIn this conversation, David Shaw and Clark Lunt discuss the controversial topic of getting discounts when buying real estate. They debunk myths and explore different methods of acquiring deals. They emphasize the importance of understanding one's goals and the sacrifices involved in pursuing discounts. The conversation covers topics such as realtor pocket listings, working with wholesalers, and the challenges and benefits of each approach. They also provide tips for successfully buying from wholesalers, including effective communication and having hard money lined up. The conversation covers various acquisition strategies in real estate investing, including wholesaling, foreclosure auctions, buying distressed notes, and more. The hosts emphasize the importance of understanding the risks and complexities associated with each strategy. They also highlight the distinction between short-term and long-term investment approaches, with a focus on the benefits of long-term buy and hold strategies. The episode concludes by suggesting alternative options such as investing in syndications and funds for those who prefer a more passive investment approach.Chapters00:00Introduction: The Controversy of Getting a Discount01:26The Importance of Getting a Deal04:18Realtor Pocket Listings06:42Working with Realtors and Pocket Listings09:47Engaging with Realtors and Incentivizing Them13:47Working with Wholesalers20:47The Cost of Wholesaling22:41Negotiating with Wholesalers26:30The Challenges of Wholesaling29:41The Process of Selling Wholesale Contracts38:18Tips for Buying from Wholesalers40:08Wholesaling42:07Foreclosure Auctions44:35Buying a House in Foreclosure46:03Understanding Liens and Encumbrances50:20Challenges of Buying in Foreclosure Auctions54:55Direct-to-Seller Mailing and PPC55:55Cold Calling and Texting56:37Buying Distressed Notes58:16Online Real Estate Websites01:03:31Short Sales01:14:59Long-Term Buy and Hold Strategy01:17:31Investing in Syndications and Funds Hosted on Acast. See acast.com/privacy for more information.

In the Burn Your Boats first Double Feature "Beginner Mistakes" Part I David and Clark discuss how to take the first steps towards purchasing investment properties and what makes a good rental portfolio over time, and what to avoid. They stress the importance of your Golden Eggs and the highest and best use to create meaningful wealth over time. This is a must listen for all Buckets of Investors, whether you are purchasing your first, fifth, or tenth investment property. Hosted on Acast. See acast.com/privacy for more information.

SummaryIn this episode, Clark and David discuss the process of buying and renovating investment properties. They emphasize the importance of working with experienced realtors and wholesalers who have their own investment properties. They also stress the need for thorough underwriting to determine the true costs and potential profits of a property. Clark and David provide tips for analyzing properties, making offers, and understanding after renovation value (ARV). They also highlight the significance of obtaining permits for renovations to avoid future issues. Overall, the conversation focuses on the practical aspects of investing in real estate and the importance of making informed decisions. In this episode, David Shaw and Clark discuss the importance of considering neighbors and surroundings when buying a home. They emphasize the impact that neighbors and the surrounding environment can have on the desirability of a property. They also highlight the pitfalls of superficial renovations and the importance of upgrading older homes. The conversation covers common issues with plumbing and electrical systems in older homes, as well as the problems associated with vinyl siding and windows. They stress the importance of creating a fenced-in backyard for tenants. Finally, they discuss the benefits of using a general contractor for renovations.TakeawaysWork with realtors and wholesalers who have their own investment propertiesThoroughly underwrite properties to determine costs and potential profitsAnalyze properties based on recent sales, square footage, and property typeStick to your numbers and don't let emotions drive your decisionsObtain permits for renovations to avoid future problems Consider the neighbors and surroundings when buying a home, as they can greatly impact the desirability of the property.Superficial renovations may look good on the surface, but it's important to address underlying issues such as plumbing and electrical systems.When buying an older home, consider the cost of necessary upgrades and renovations, and focus on properties in A-class neighborhoods.Avoid homes with galvanized plumbing and cast iron pipes, as they can lead to costly repairs.Invest in proper landscaping and a fenced-in backyard to create a more desirable living environment for tenants.Use a general contractor to oversee renovations and ensure a smoother and more efficient process.Chapters00:00Introduction and Setting the Stage01:32Real Estate as a Mechanism for Freedom04:30Acquisition: Working with Realtors and Wholesalers08:49Analyzing Properties and Making Offers14:39Understanding After Renovation Value (ARV)36:46Importance of Considering Neighbors and Surroundings38:11The Importance of Site Concerns39:09The Pitfalls of Superficial Renovations41:59The Importance of Upgrading Older Homes44:36Choosing the Right Type of Home48:02Common Issues with Plumbing in Older Homes49:25Dealing with Cast Iron Plumbing50:54Electrical Issues in Older Homes55:22The Problem with Vinyl Siding and Windows59:42The Importance of Fenced-in Backyards01:04:14The Benefits of Using a General Contractor Hosted on Acast. See acast.com/privacy for more information.

What gives you confidence to take that first step? The confidence to take Action to change your current financial path and turn it into wealth creation? In this episode Clark and David discuss the Wealth Algorithm that will give you the confidence to invest in real estate in any market. Hosted on Acast. See acast.com/privacy for more information.

Understand the difference between a W2 income and Wealth Creation. Hear the steps you can begin to take to start building meaningful wealth through real estate investing. There is a price to pay for ignoring the future. Hosted on Acast. See acast.com/privacy for more information.

David and Clark discuss why they named their podcast Burn Your Boats, what that means to them and how they Burned their Boats to get to where they are today. Hosted on Acast. See acast.com/privacy for more information.

In this Intro, we explain who we are and why we are doing this Podcast, and it is for you the Listener. We want to share our 30 years combined experience of Real Estate Investing and Fix and Flipping so that you can learn from our mistakes and our experience so that you too can obtain Financial Freedom. Hosted on Acast. See acast.com/privacy for more information.

Join Entrepreneurs and Authors Jay Alderton and Dan Meredith every Friday for a brand new episode where they will be covering a wide range of different topics to help you improve your body, brain, and business. In this episode, we talk about when to take things slowly in your life and when to go ALL IN and "Burn Your Boats" To grab some of Dan's brand-new coffee range, ⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠ To get Jay's new Discipline Tee's ⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠ Like this episode? Your reviews for the podcast mean everything, so please share your love for Body and The Beast! --- Send in a voice message: https://podcasters.spotify.com/pod/show/bodyandthebeast/message

Do you have what it takes to stand against the anti-Christic culture of today?

In this episode, Dr. Willie Jolley interviews CEO and co-founder of RSE Ventures and guest investor on Shark Tank, Matt Higgins. Higgins shares the winning formula for you to stop hedging and embark on a lifelong journey of breakout success. Learn more about your ad choices. Visit megaphone.fm/adchoices

When you are committed to your plan A, sometimes you have to go all in. This week, Aaron shares with us the concept of burning your boats and how it applies to reaching your hopes and dreams by eliminating your plan B.    Have a question or show idea for Aaron?   Be sure to reach out at anhourearlyllc.com

You're going to have to burn your boats. Go all-in because you'll never know what could be possible until you burn the boats. Don't go back to mediocrity. Don't go back to misery. Don't go back to being average. Ask yourself: *What would happen in your life if you were to go all-in? *What would be possible if you were to burn the boats? You got to make a decision. Go all-in.

For today's episode of the Get Over Yourself Podcast, I took a step back from doing another guest interview and decided to share a story about an ancient conqueror. Listen to today's episode to figure out why burning your own metaphorical boats inside your life is so impactful and why you need to start doing it today. If you have any questions about the podcast, today's episode, how to support, or anything at all, shoot me a message on instagram @the.brandon.davis As always, I want to leave a big thank you to my friend, Olso. Olso is the one who created the music here on the Podcast, so make sure to go check him out on all major streaming platforms. Guys, always remember to GET OVER YOURSELF!

Amitabh Shah launched Yuva Unstoppable 14 years ago at a mere age of 23. After completing his MBA from Yale, he passed up a JPMorgan Banking Wall Street offer to work on the real streets of India. He decided to launch this volunteer movement after he discovered immense suffering experienced by his elderly 82-year-old nanny, Kamlaben, while she was abused by her son's family. Amitabh gathered friends and began volunteering at homes for the elderly, slums and orphanages. Touched by the stories he came across every day and inspired by the enthusiasm of other young people to volunteer, he founded YUVA Unstoppable—to act as a catalyst in the development, improvement and growth of children. Amitabh is the recipient of one of the highest awards officially recognized by the US House of Representatives and Senate - International Ellis Island Award at Statue of Liberty in May 2019. Previous winners have been Bill Clinton, George Bush, Muhammad Ali, Rosa Parks, Richard Nixon, Lee Iococa, Mrs Indra Nooyi, and Malala amongst other legends! Amitabh was the 2015 Winner of the Prince's Prize for Innovative Philanthropy, conferred by HSH Prince Albert II of Monaco wherein Jack Ma of Alibaba Group was a semi-finalist. In 2018, he was conferred the title of Sri Lankan Peace Ambassador by Center of Peace Studies. Yuva Unstoppable is India's premier nonprofit which benefits over 1M underprivileged children across 41 cities of India. It partners with 100 top institutes (UNICEF, Google, United Way, KPMG, Deloitte, 3M, ADP Processing, Korn Ferry, Reliance, HDFC, etc) and have transformed over 2000 government schools with better toilets, improved drinking water, scholarships, digital literacy, behavior change amongst others. Get in touch with Amitabh Shah: LinkedIn: https://www.linkedin.com/in/amitabh-shah-a15a3875/ Twitter: https://twitter.com/amitabhshah Book your free Strategy Flow call today! https://www.outfieldleadership.com/#call Purchase Dave's book The Self-Evolved Leader here- https://www.amazon.com/Self-evolved-Leader-Elevate-Develop-Refuses/dp/1626346801 Get in touch with Dave: Website: https://www.davemckeown.com/ Twitter: https://twitter.com/davemckeown Instagram: https://www.instagram.com/davemckeown1/?hl=en

The Who, What, When, Where, Why, and How of Wide Open

Story shared by Anthony Pain (founder and ex-CEO of TWW, one of the largest SMS companies in Brazil) before I moved from Brazil to the USA. It's one of the main strategies of the book "The art of war" and that can be applied in any situation of life and business. --- Sponsored by Dada22 (dadainsights.com) a consumer trends and insights consulting, acting as an innovation radar for your business. --- Send in a voice message: https://anchor.fm/dadanews/message --- Sound effects from Zapsplat.com