Podcasts about direct source wealth

Imagine owning real estate that's as flexible and liquid as stocks—would you invest? Join us as Kira Golden, CEO of Direct Source Wealth, reveals her revolutionary approach to real estate. From tokenized assets to multi-generational wealth strategies, Kira shares how her bold, 300-year vision is transforming property investment. Discover the future of fractional ownership, blockchain-powered liquidity, and long-term thinking in an era where flexibility meets financial legacy. To check out the YouTube (video podcast), visit: https://youtu.be/vOfW_aoMps0?si=KK5967XS48ZvpD2c Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show.   Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd If you enjoyed the audio and video quality of this episode, enhance your own productions by signing up through our Descript affiliate link: https://get.descript.com/gaei637mutik Click here to check out our Amazon product of the day (affiliate): https://amzn.to/4fudgqG We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/support Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to check out our e-courses and bookstore here: https://www.drchrisloomdphd.com/shop Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p For audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1F Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow our Blog: https://www.drchrisloomdphd.com/blog Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Subscribe to our email list: https://financial-freedom-for-physicians.ck.page/b4622e816d Thank you to all of our sponsors and advertisers that help support the show! Financial Freedom for Physicians, Copyright 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/christopher-loo/support

Join us as Kira Golden, founder and CEO of Direct Source Wealth, delves into the transformative landscape of real estate investment. With over two decades of experience, Kira shares her journey from novice investor to real estate mogul, revealing pivotal decisions and long-term strategies that have shaped her success. This episode covers a range of topics from overcoming market downturns to embracing technological advancements like blockchain for property investment. Kira's unique 300-year investment perspective offers invaluable insights into creating lasting wealth and navigating future market cycles. Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd Click here to check out our Amazon product of the day (affiliate):https://amzn.to/3BJP1Gy We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Spotify- https://podcasters.spotify.com/pod/show/christopher-loo/support Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to check out our e-courses and bookstore here: https://www.drchrisloomdphd.com/shop Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p For audiobooks, visit: https://www.audible.com/author/Christopher-H-Loo-MD-PhD/B07WFKBG1F Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow our Blog: https://www.drchrisloomdphd.com/blog Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our email newsletter: ⁠https://financial-freedom-for-physicians.ck.page/b4622e816d⁠ Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2024 --- Support this podcast: https://podcasters.spotify.com/pod/show/christopher-loo/support

In this episode, Jonny is joined by two incredible women, Kira Golden and Katie Jansen of Direct Source Wealth. They discuss why it's so important to find trusted professionals when it comes to your investment journey. They discuss how Direct Source Wealth, is the distinctive vehicle spearheaded by Kira Golden. Its affiliate companies; Direct Source Real Estate Syndication, Direct Source Advisory, WD Wealth & Tax Strategies, and WD Estate Planning, all work in tandem to provide an innovative, unique, hassle-free, one-stop-shop for investors.Contact Katie to Learn more:Book a MeetingEmail Her: katie@directsourcewealth.comConnect with Jonny!Cattani Capital Group: https://cattanicapitalgroup.com/Invest with us: invest@cattanicapitalgroup.comLinkedIn: https://www.linkedin.com/in/jonathan-cattani-53159b179/Jonny's Instagram: https://www.instagram.com/jonnycattani/TikTok: https://www.tiktok.com/@jonnycattaniYouTube: https://www.youtube.com/channel/UCljEz4pq_paQ9keABhJzt0A

Long term hold strategies offer powerful advantages for passive multifamily investors. Today's episode is a replay of a live webinar featuring Kira Golden, CEO of Direct Source Wealth. Kira shared her strategies for multifamily success and thoughts on the multifamily landscape. She also discussed a recent 315-Unit Value-Add multifamily property in Dayton, Ohio she's operating. Show notes: https://multifamilyinvestor.com/2022/05/dayton-kira-golden/

Investing across different asset classes provides not only diversification benefits but alternative sources of growth and revenue. Opportunity zones can offer strong investment returns with an added social impact component in the United States and in Puerto Rico. Kira Golden is the CEO of Direct Source Wealth, a real estate development company out of Denver that does direct deals and serves as a platform for new and experienced investors. By the time she was 18, Kira had holdings in both the real estate and stock market.  Transcript and show notes at OpportunityDb.com.

Many value-add real estate investment strategies focus on the exit, but some sponsors take a more long term approach. Kira Golden, the CEO of Direct Source Wealth, joins the show today to discuss why her long term, "buy and hold" philosophy resonates with so many accredited investors. Show notes: https://altsdb.com/2022/05/kira-golden/

While shorter time horizons and quicker exits remain popular among multifamily investors, there can be tremendous value in a long term hold strategy. Increased time horizons can lead to greater cash flows and more. Kira Golden, CEO of Direct Source Wealth, joins the show to share her longer term perspective on multifamily assets. Find show notes: https://multifamilyinvestor.com/2022/04/kira-golden/

LaDawn is a real estate agent and an investor. She has some great tips on how to be successful. She has a good business background to run your business as your business. She likes working with people and her clientele is mostly through referrals. She had some extra money and bought a rental house and still has it today. She always wants to be her best client. LaDawn currently has 8 doors and manages the local ones herself. She looks for communication, fees, what is their screening and does the property manager go and visit the home of the applicant. She likes self directed IRA's to invest in real estate. She bought a Duplex in Texas in 2008 and sold in 2020. She held it right through the 2008 housing crisis. She bought a fixer upper foreclosed property in 2014 and sold in 2018 for nearly 2x gain. She bought two local properties through a 1031. In 2019, She sold one of those and bought 6 properties in Kansas City. Building a team - Networking, surround yourself with good people that you trust. CPA, attorney, lender and title company are very important to your team. She is investing money through a crowdfunding investment group, Direct Source Wealth. She wants her money to be working to make her more money, i.e. no lazy $. Secrets Sauce Research, talk to people in the know (network), be persistent and stay the course. Buy the first rental property. She doesn't give up! Her favorite books are: The richest man in bablyon - easy read about investing. The millionaire next door by Thomas J Stanley & William D Danko Live below your means. Contact Info: 720-371-8798 email: smartcoloradoproperties@gmail.com

Investing in real estate is more than just dollars and cents. It's about making an impact on the people and the community. Direct source investing allows investors to put money into a physical asset they are connected to - versus a mutual fund portfolio based on numbers on a screen. Kira Golden is the Founder and CEO of Direct Source Wealth with a mission to differentiate her company from other Real Estate investing groups. Kira understands that people are more likely to work with others like themselves and she is driven to be authentically herself. A female perspective in Commercial real estate shouldn't be a differentiating factor in our industry, but the truth is... it still is. As a mother of two young boys (her eldest at 5 is already an active investor and entrepreneur) Kira believes in the power of putting money into something you truly believe in is the key to keeping the balance between faith, family, and finances. Connect with Kira: http://directsourcewealth.com/ We believe Leaders are READERS, below are a few of our favorite leadership books: Entreleadership – 20 years of practical business wisdom, Dave Ramsey The Ideal Team Player – How to recognize and cultivate three ideal traits in your team, Patrick Lencioni Business Boutique– A woman’s guide for making money and doing what she loves, Christy Wright  Our 3 Most Recent Episodes: EP #140: Elevate Your ROI: The largest return on investment is the investment you make in yourself. Through coaching, reading, surrounding yourself with forward thinking people, and sharpening your tactical skills – each is a choice to invest in your future success. EP #139: High Performance Habits: “Rarely does your income exceed your level of personal development. If you want to be a millionaire, you have to have a million dollar mindset.” Cody Hofhine is an entrepreneur, coach, and wholesaling real estate investor who’s mission in life is to super serve his clients and provide more value than cost. EP #138: The Real Before the Estate: Chastin Miles is known for keeping it real – his high level of authenticity has lead him to become a trusted thought leader in the real estate industry. On his highly successful social media accounts and Youtube channel, he discusses all things “taboo”. Written & Produced by Kayla Davis | Hosted by Kyle Malnati Calibrate Real Estate 2425 S. Colorado Blvd #250, Denver, CO 80222 http://www.CalibrateRE.com

Kira Golden is a multifamily syndicator and equity fundraiser for deals just about anywhere around the globe. As a syndicator, she has over 1,000 units under her belt. As a fundraiser, she applies her knowledge and networks to lining up investor equity with great operators. While she is working on the fundraising venture, she is also the CEO of Direct Source Wealth, a real estate investment and asset management company that leverages vacation rentals to reduce vacancies, boost rent rates, and improve tenant quality in rental units. In this episode, we dive into what equity partners like her look for in an operator, the experience they must have, and return expectations usually sought out in a deal. Additionally, she shares how this strategy not only helps operators get deals closed but also provide investors with solid returns.  

Dan and Dennae interview Kira Golden, Founder and CEO of Direct Source Wealth. Tune in as they talk about how taking on projects and areas that others have not seen the opportunity in has added value to her business, leveraging relationships to find good quality deals has positioned them in a high level and working […]

Dan and Dennae interview Kira Golden, Founder and CEO of Direct Source Wealth. Tune in as they talk about how taking on projects and areas that others have not seen the opportunity in has added value to her business, leveraging relationships to find good quality deals has positioned them in a high level and working with people that share same focus in long term wealth has made a stronger group

Kira Golden has invested in over 1,000 units and has no signs of slowing down any time soon. Aside from her traditional buy and hold portfolio, she is also the CEO of Direct Source Wealth, a real estate development company that leverages vacation rentals to reduce vacancies, boost rent rates, and improve tenant quality in rental units. She kicked off her real estate career in her teens and began building her personal wealth in real estate and in the stock market.   In this episode, we dive into how she made finding mentors a priority and the impact it has made on her life. Additionally, she shares how she targets deals and how passive real estate investing can create reliable long term income.  

Kira Golden, CEO, Direct Source Wealth helps others generate passive income and create a diversified portfolio through their transparent co-investment model with deals focusing primarily on commercial real estate. Kira shares her criteria for partnering with people. She shares how co-investing can create alignment of interest and create value for everyone involved. Is this the right time for inexperienced syndicators to venture into the syndication business? How do you prospect new investors? And, can reducing the total number of investors really help you improve your business? For all this and much more, tune in to our latest show now!

International Real Estate investor.Directsourcewealth.com. CEO Kira Golden explains why you should go big in the multi-family game. Her experience and expertise is second to none. Listen up you could learn a thing or 2. --- Support this podcast: https://anchor.fm/investinyourfuture/support

Work together building wealth with Dave Grimm SVP Infrastructure at Direct Source wealth as he's interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

Work together building wealth with Dave Grimm SVP Infrastructure at Direct Source wealth as he's interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

Work with CoInvestors you trust. Kira Golden CEO and Founder of Direct Source Wealth is interviewed by David Cogan of Eliances Heroes radio show broadcast on am and fm network channels, internet radio and online syndication. www.directsourcewealth.com/hero www.eliances.com 

Work with CoInvestors you trust. Kira Golden CEO and Founder of Direct Source Wealth is interviewed by David Cogan of Eliances Heroes radio show broadcast on am and fm network channels, internet radio and online syndication. www.directsourcewealth.com/hero www.eliances.com 

Dave Grimm SVP Infrastructure Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

Dave Grimm SVP Infrastructure Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

Passive Income Tips from Travis Watts Direct Source Wealth VP Investor Solutions talks with David on the most rewarding thing about financial freedom. Travis is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

Passive Income Tips from Travis Watts Direct Source Wealth VP Investor Solutions talks with David on the most rewarding thing about financial freedom. Travis is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

Direct Source Wealth helps clients find alternatives to the traditional Wall Street offerings like stocks, bonds, and mutual funds. Kira Golden, Founder of DSW is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

Direct Source Wealth helps clients find alternatives to the traditional Wall Street offerings like stocks, bonds, and mutual funds. Kira Golden, Founder of DSW is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

"Build investments that are generational" Travis Watts VP Investor Relations is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. Travis discusses a program 500/200 investment strategy for building passive income over time. www.directsourcewealth.com/hero www.eliances.com

"Build investments that are generational" Travis Watts VP Investor Relations is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. Travis discusses a program 500/200 investment strategy for building passive income over time. www.directsourcewealth.com/hero www.eliances.com

"Build investments that are generational" Travis Watts VP Investor Relations is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. Travis discusses a program 500/200 investment strategy for building passive income over time. www.directsourcewealth.com/hero www.eliances.com

"Best overall ROI," Dave Grimm SVP Compliance and Infrastructure at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

"Best overall ROI," Dave Grimm SVP Compliance and Infrastructure at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

"You might be an investor and not realize it." Kira Golden, Founder CEO Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

"You might be an investor and not realize it." Kira Golden, Founder CEO Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

"Shift your mindset!" Kira Golden founder and CEO of Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

"Shift your mindset!" Kira Golden founder and CEO of Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

"Have passion in your approach" Travis Watts VP of Investor Solutions at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

"Have passion in your approach" Travis Watts VP of Investor Solutions at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com 

"Start Small" Air Force Vice Chairman and Advisory Board Member for Direct Source Wealth Chris Luithly discusses real estate investing with David Cogan Founder of Eliances "Where Entrepreneurs Align" community and Host of the Eliances Heroes show broadcast on am and fm network channels and syndicated online. www.directsourcewealth.com/hero www.eliances.com   

"Start Small" Air Force Vice Chairman and Advisory Board Member for Direct Source Wealth Chris Luithly discusses real estate investing with David Cogan Founder of Eliances "Where Entrepreneurs Align" community and Host of the Eliances Heroes show broadcast on am and fm network channels and syndicated online. www.directsourcewealth.com/hero www.eliances.com   

"Don't tie yourself to a major corporation" John Micklus, Relationship manager is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels and syndicated online. He talks Time Freedom that Direct Source Wealth provides to create your own life path as he is interviewed from his part time home in Columbia with his family. www.directsourcewealth.com/hero www.eliances.com 

"Don't tie yourself to a major corporation" John Micklus, Relationship manager is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels and syndicated online. He talks Time Freedom that Direct Source Wealth provides to create your own life path as he is interviewed from his part time home in Columbia with his family. www.directsourcewealth.com/hero www.eliances.com 

"Take care of clients first." Dave Grimm Senior VP, Compliance and Infrastructure at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. helping clients gain TIME FREEDOM www.directsourcewealth.com/hero www.eliances.com

"Take care of clients first." Dave Grimm Senior VP, Compliance and Infrastructure at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. helping clients gain TIME FREEDOM www.directsourcewealth.com/hero www.eliances.com

"Share opportunities with others." Travis Watts VP, Investor Solutions at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

"Share opportunities with others." Travis Watts VP, Investor Solutions at Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

"Use your creativity!" Alicia Miller, Funding Manager of Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

Finding a better way for people to invest and find Time Freedom. Kira Golden founder and CEO of Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

Finding a better way for people to invest and find Time Freedom. Kira Golden founder and CEO of Direct Source Wealth is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com/hero www.eliances.com

"Commit to do something bigger than yourself." Dave Grimm Senior VP of Compliance and Infrastructure is interviewed by David Cogan founder of Eliances and host of the Eliances Heroes show broadcast on am and fm network channels, internet radio, and online syndication. www.directsourcewealth.com www.eliances.com 

My guest today is Kira Golden the CEO of Direct Source Wealth, a company that helps investors create passive income.  Kira has an impressive background.  She has been very successful in multifamily real estate, vacation rentals and syndication deals. Kira has a very interesting story where she tells how she got started in single family homes, how she moved to another area for the huge tax savings (this is really big) and how she grew this awesome business doing big deals.   If you've ever wondered how to scale your business, she has some great tips for you. For more information head on over to the Louisville Gals Real Estate Blog.  

Elisabeth is rejoined by Brittany Slater-Gautreau, to discuss the difference in REITs, hedge funds, syndications, and other investments. Then Elisabeth talks with Kira Golden, CEO of Direct Source Wealth, about investing in Puerto Rico, investing in syndications, how a woman's perspective in real estate can add to a company, and why diversification doesn't mean what it used to mean. Key Takeaways: Britteny Gautreau Interview: [4:11] The difference in REITs, a hedge fund, and a syndication [8:06] What an "accredited investor" is and why it came about [12:39] What is a REIT, traded and non-traded? [15:36] It's not enough to know how to get into a deal, you have to know how you're going to get OUT of it Kira Golden Interview: [18:14] Kira's investing background [22:53] What potential tax implications investing in Puerto Rico presents [26:45] Whether Kira focuses on vacation rentals or multifamiy residential real estate [29:43] What is a real estate syndication deal? [32:31] Kira's opinion on Wall Street (and it's not all bad!) [37:17] Why diversification is an outdated thought [41:12] When Kira was reminded how people don't think of women in real estate development, and how companies are missing out not having a woman's perspective Website: www.DirectSourceWealth.com 844-SOURCE4 www.ClarityCapitalLLC.com

‘When others are fearful, be greedy. When others are greedy, be fearful.' Today's guest took Warren Buffet's advice to heart, moving past her fear and reaching out to investors at the top of their game to ask for guidance as she shifted from single-family fix and flips to 300-plus unit multi-family properties. Her bigger-is-better philosophy has led to a love of investing in sizable unloved properties and performing a full-gut rehab to revitalize the property – and the community. Kira Golden is the CEO of Direct Source Wealth, a real estate development company out of Denver that does direct deals and serves as a platform for new and experienced investors. By the time she was 18, Kira had holdings in both the real estate and stock market. After graduating Magna Cum Laude from George Washington University with a master's in public administration, Kira worked as a financial advisor at Edward Jones until she was in a position to live off her investment income. She currently owns properties in Washington, Colorado, Arizona, Illinois, Ohio, Puerto Rico and France. Kira is on a mission to bring high-quality deals to Main Street, providing clients with the financial freedom she has earned through investment in real estate. Today she shares how she financed her first deals, what prompted her shift from single- to multi-family properties, and why she reaches out to big name investors at the top of their game. Listen in to understand how to choose the right equity partners and why Kira recommends investing in apartments – the sooner the better!  Key Takeaways [2:25] How Kira got her start in real estate investing Watched Robert Kiyosaki infomercials as ‘12-year-old insomniac' Experienced windfall/freak-out cycle as daughter of inventor Desire for consistent cashflow led to buying houses at 18 Bought five houses in three years [5:13] How Kira financed her first deals Invested $3K savings in stock market, grew to $10K Used $10K to finance first house Put $1K deposit on condo, then sold option to homebuyer (value had increased during construction) Used profits to finance second house [9:14] Kira's minimalist philosophy Continued to save money, work full-time during college Conscious decision to ‘live like college kid' until age 30 Passive cashflow exceeded expenses by 22 ($2K/month) [10:56] Kira's shift from single- to multi-family investments Goals grew from $1M to $100M Weary of fix and flips, borrowing hard money at 18% Got into private lending Time became more valuable than money Feedback from lenders indicated that $1M loan for multi-family was easier to secure than $100K loan for single-family home [15:07] Kira's intent behind reaching out to potential partners [16:56] Kira's first 30-unit multi-family deal Continues to take 20% of time three years later Bank deal, bought distressed asset Bought $5.4M bank note for $1M Invested $2.5M to complete construction Used investor capital, joint venture with equity partner [19:19] How Kira attracts investors Shares her excitement for deals Distinguish between fear and intuition Go where you're afraid, reach out to big names Founder, CEO of fifth largest mortgage bank in US Large real estate investors at top of game [23:12] What Kira learned from reaching out to sought-after investors People you're hero-worshipping are just people Deep respect for what they have accomplished Emulate skills that made them successful [27:34] The importance of alignment in selecting an equity partner Had to buy out partner on 30-unit after legal battle Long-term buy and hold vs. high-velocity fix and flip will end in conflict [30:47] How Kira would approach raising money for 30-unit deal without equity partner Not beyond door-knocking (pushing own boundaries to raise more capital) Approach bank to carry back the debt Raise construction capital after closing ($250K/month) [31:56] Kira's 315-unit full gut rehab Mentor offered pocket deal, he functioned as silent partner Vacant, drug-/crime-infested area of Dayton, OH Turned around, named top-ten complex in city No equity partner, built engine to find investors (first generation made good) [34:16] Why Kira wishes she had done multi-family sooner Fix and flip experience was valuable (can't be snowed by property management companies, contractors) Two years would have been long enough Multi-family is a better vehicle Had to build confidence while maintaining roots [37:21] Kira's advice for aspiring real estate investors Determine whether you are a deal junkie or just want to retire early 10% who are deal junkies should align with experienced partner to short-cycle learning process [39:15] What's next for Kira and Direct Source Wealth Three days meditating in Sedona $100M fund to bring high-quality deals to Main Street Connect with Kira Direct Source Wealth Connect on LinkedIn Facebook Resources Partner with Michael Free eBook: The Secret to Raising Money to Buy Your First Apartment Building

  Here’s some of what you will learn: Due diligence of the acquisition process Important things you have to do prior when going to contract. Why brokers will help you find the best assets. How to get brokers to bring you deals. Update your broker every 3-4 weeks Show your broker that you have proof of funds. Let your broker know if you are interested in the deal they bring you within 72 hours. Have an understanding of how your broker will be paid. The more you close on deals, the more deals your broker will bring you. Never go around a broker directly to the client. Don’t re-trade a deal with a seller. Don’t give a broker impossible purchase criteria. Everything you should ask for when doing your due diligence. Anytime you deal with a government official, always reduce the conversation to writing. What kind of buying team you should have. When you should look for a property manager that already has a lot of properties. Connect with me on Facebook at Rod Khleif. Text Rod to 41411 or visit RodKhleif.com for a FREE copy of my book, “How to Create Lifetime Cash Flow Through Multifamily Properties.” Our Guest You can learn more about Beau Beery at: www.beautodd.com    Want to build Lifetime Cash Flow from Multifamily Properties? If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now. Recommended Resource Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://www.meetme.so/RodKhleif2 Review and Subscribe acquisitions, Salvatore Buscemi, Direct Source Wealth, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily trainin

  How to raise capital in a tough market. What is a Family office? Core principles when dealing with investors. Treat your investors money like it’s your own Be prepared to ask the hard questions. Always do the right thing. What are loan covenants? Never buy based on the pro forma. Learn how to analyze the numbers. What are Pitch Books? How to set up a Pitch Book. How to acquire private lenders. Why you should find investors first before you find a deal. More info on developing an elevator pitch. How to self manage a property. Positions that should be part of your team. What is a LTC (Loan To Cost)? How to give investors extra value. Our Guest You can learn more about Salvatore Buscemi at:  http://thecommercialinvestor.com/ Want to build Lifetime Cash Flow from Multifamily Properties? If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now. Recommended Resource Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://www.meetme.so/RodKhleif2 Review and Subscribe acquisitions, Salvatore Buscemi, Direct Source Wealth, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily trainin

A friend told her to catch a flight to Puerto Rico, she didn’t know why, but she bought her ticket anyway.  When she got there she discovered the ENORMOUS tax incentives to move her business down there.  Who wouldn’t want to save money while living in the Caribbean?  Listen to Kira tell us the pros and cons of moving her business to Puerto Rico.   Best Ever Tweet: “There is a Difference Between a Warm Body and a Paying Body.”   Kira Golden Real Estate Background: ‎CEO of ‎Direct Source Wealth, a Real Estate investment company Her company generates passive income and grows the wealth of their investors Internationally known speaker on the topic of deal structure, underwriting, fundraising,  real estate investing Based in Puerto Rico Say hi to her at com/joefairless Best Ever Book: Baby Wise Made Possible Because of Our Best Ever Sponsors: Are you an investor who is tired of self-managing? Save time, increase productivity, lower your stress and LET THE LANDLORD HELPER DO THE WORK FOR YOU! Schedule Your FREE TRIAL SESSION with Linda at Secure Pay One THE Landlord Helper today. Go to to schedule your free session. Subscribe in iTunes and Stitcher so you don’t miss an episode!  

#87: This clever technique can significantly boost your cash flow in your existing buy-and-hold real estate portfolio. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn: 02:48  To become wealthy with real estate, you don’t need any formal education or family connections. 05:09  With turnkey real estate investing over the long-term, you get: good returns, more control, less hassle. 07:18  A question about the 1% rent-to-value ratio from a Chicago listener. 12:31  How to use “lifestyle” real estate to help your “long-term buy-and-hold” real estate. 14:00  How to market this clever technique. 16:09  Benefits: better tenants, better occupancy, timely rent payments. 18:36  Vacation rentals in the U.S. vs. outside the U.S. 22:00  Management and maintenance structure of vacation rentals. 26:28  This technique can make your vacation rentals more successful too. 30:55  Foreign property ownership structure. 33:10  Interpreting foreign property contracts. 34:35  Governments cracking down on weekly rentals. 35:43  Your vacation rentals should be bought so that they would cash-flow as long-term buy-and-holds. 36:33  Diversification. 38:47  Do this yourself, or Kira Golden can help you get started: DirectSourceWealth.com/Portfolio   Resources Mentioned: Direct Source Wealth Corporate Direct Norada Real Estate Mid South Home Buyers Coffee@GetRichEducation.com Get Rich Education Website Want a free GRE logo decal? Just write a podcast review; here’s how at: iTunes, Stitcher, and Android. Send: 1) A screenshot of your review. 2) Your mailing address to: Info@GetRichEducation.com for your decal.

Jack and Jill of all trades, Matthew and Kira McClellan, started a company to help lots of people just like you access cashflow opportunities across the world called Direct Source Wealth. This is the company Matthew and Kira built together, starting in the single-family housing space and then progressing through commercial and multi-family. This includes vacation rentals. Kira says she was always interested in real estate investing. In fact, she says she was an “insomniac child” who grew up reading and watching Robert Kiyosaki. She says her passion for real estate has never subsided. Matthew says that success came as a result of trial and error. He and Kira decided to keep going, no matter what. They used guerilla marketing strategies at the beginning and things were going okay, but they wanted to expand. Matthew says though he was scared, he moved forward anyway. He says real estate is an ever-changing market, and investors have to be flexible. Kira says that as a couple, she and Matthew have more strength, but as with many couples, one is a bit more of a risk-taker than the other. This helps her talk to investors about being smart about taking risk. She helps to ground them, so they are in a better situation. Kira says that Matthew is the safety net, because she is the risk-taker. There is a balance. They have learned from each other. Both Matthew and Kira say that they still get the butterflies in their collective stomach when doing new deals. Without that feeling, they say, maybe the deal isn’t interesting enough! Kira says she knows there will be problems in some deals, but she says you can’t let that stop you. Matthew adds that you have to turn the flashlight on in the room sometimes to see what’s in there! That’s a great analogy. The couple says that analysis paralysis is not a good thing. While it’s good to do your due diligence and ask questions, there is a time to take action. It’s a balance thing. Kira talks a lot about having a healthy partnership of balance. Success comes from recognizing who you are and then surrounding yourself with other people who have different strengths. Risk-takers need the very careful partner; conversely the careful analyzer needs to have a risk-taker to push them out of their comfort zone. Wealth is, after all, a team sport! As a real estate investor, you cannot be a one-man band. You have to work with other people. Kira and Matthew have a lot to say about creating a winning team and how to work as a team with investors. They also talk about how to boost cash-on-cash returns and tax benefits through certain types of investment strategies inside real estate. Learn more.