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The Passive Income Attorney Podcast
TME 14 | How to Quit Your W-2 and Never Look Back with Jamie Bateman

The Passive Income Attorney Podcast

Play Episode Listen Later Sep 9, 2025 46:44


Title: How to Quit Your W-2 and Never Look Back with Jamie Bateman Summary: In this episode of Raise the Bar Radio, Seth Bradley welcomes Jamie, a military veteran turned real estate and mortgage note investor, who shares his story of transitioning from a W-2 career into entrepreneurship and financial freedom. Jamie discusses the phases of his life, including collegiate sports, military service, and a long stint at the Department of Defense before pivoting to real estate and eventually mortgage note investing. He emphasizes how discipline shaped his journey and how shifting mindset, focusing on strengths, and leveraging his network were key to taking ownership of his life and finances. Jamie also dives deep into the mortgage note investing space, explaining how performing and non-performing notes work, the active nature of the business, and how he now offers passive investment opportunities for accredited investors. He closes by highlighting the importance of planning with intention, overcoming perfectionism, and using passive income to create margin and freedom in life. Links to Watch and Subscribe:  https://youtu.be/nRyX8_YA9YI Bullet Point Highlights: Discipline builds freedom - Sports, military, and entrepreneurship all instilled the value of discipline, which Jamie says is critical for success and freedom. W-2 life wasn't the path - Jamie recognized through his commute and stagnant career trajectory that he didn't want to follow the traditional path, sparking his exit plan. Mindset shift was essential - He stopped consuming negative news and started focusing on education and his strengths to shift into entrepreneurship. Mortgage note investing explained - Performing notes offer cash flow while non-performing notes offer the chance to add value, akin to fix and flips. However, both are active businesses, not passive. Passive income fuels risk-taking - Creating passive income streams allowed Jamie to take entrepreneurial risks while maintaining financial security. Action beats perfection - As an entrepreneur, chasing perfection isn't practical. Done is better than perfect. Reverse planning drives clarity - Backwards planning from a vivid vision 3-5 years into the future increases urgency and helps set clear, intentional actions. Final advice - Start by investing passively to learn, and later you can decide whether to become active. Don't underestimate the transferable skills you already possess. Transcript: (Seth Bradley) (00:02.062) What's up, builders? This is Raise the Bar Radio, where we talk about building wealth, raising capital, and all in all, raising the bar in your business and your life. This is the No BS podcast for capital raisers, investors, and entrepreneurs who are serious about scaling their business and living life on their own terms. I'm Seth Bradley, securities attorney, real estate investor, and entrepreneur, bringing you world-class strategies from the best in the game.   If you're ready to raise more capital, close bigger deals, build a better you and create true financial freedom, you're in the right place. Let's go. Jamie, what's going on, brother? Welcome to the show.   Thanks Seth, is awesome. I'm excited to be here and I'm hoping to add some value.   Absolutely, man. Third time's a charm. We've been trying to get this scheduled after I was on your show, which was fantastic. Had a really good time on that show and I think it turned out pretty good. I know we're going to deliver on this one as well.   Yeah, we're gonna try to try to I'll try to do as good a job as you did. So yeah, was that was a yeah, no, I that was a very, very good episode from adversity to abundance. highly recommend your your listeners check that one out to your episode on that show. So thanks for thanks for doing that.   (Seth Bradley) (01:20.086) Absolutely, man. You're an incredible interviewer. I've net, that's the only, I've been on dozens of podcasts and, you know, you pulled out a lot of things for me that I've, I've never talked about on the air. So it's pretty, pretty awesome. Pretty awesome show, man.   Appreciate that.   Cool man, well let's just jump right into your background man. What's your story? Take it back as far as you'd like to brother.   Yeah. Man, I'd like to think that life has phases. So I've had a few different phases in my life. I come from a large family. I'm the oldest of seven kids and we always had a competitive background as far as team sports and things like that. So I played lacrosse in college. That was always a foundational piece of my life and just kind of   think from there learned how to be a part of something bigger than myself and how to work toward a common goal with a with a team. So that's been something that's been a kind of a thread through my life and then got married and joined the military and actually joined the military technically before I got married, but seemed like I got married and then ran off and ran away from my wife. But it's not exactly what happened. But   (Jamie Bateman) (02:36.02) I joined the military, was an officer in the US Army. I did miss my first three wedding anniversaries through deployment and things like that. And again, it was a matter of trying to be plugged into something, you know, to serve and be a part of something bigger than myself and trying to add value like I think we all want to do. I've obviously glossed over a lot of details, but those were a couple of inflection points, I guess, if you will, like you like to talk about, I know.   And so my military career transitioned into a career with the Department of Defense as a civilian, and did 14 years as a civilian with DoD at Fort Meade. And the first half, so the first seven, for all you math wizards out there, was full time. And then the second half, the second seven years was part time. And that   seven years is when I was really building my businesses, which are largely real estate investing and mortgage note investing focus. So we can get into the details there. And then in 2022, I ended up quitting my job and now I have a few different small businesses that I run. And like you, Seth, I've got a lot of different things that I'm juggling and   You know, so, but yeah, I love talking about taking ownership of your financial situation and taking ownership of your life really. And I know that you and I have that in common. So yeah, that's a high level overview of my background.   Awesome, man. I appreciate that. There's a lot to unpack there. You know, going back to playing sports all the way up to the collegiate level, that's incredible. I always like to think even playing like popcorn or football back in the day, you need a way to instill discipline in yourself. And that's kind of the oldest memory I can think of where it was hard, right? Like it was like you've got a coach screaming at you.   (Seth Bradley) (04:38.134) Like back in the day, it's like, you know, they wouldn't give you water unless you like, you know, for like an hour, which I don't think they do that anymore now. But, you you had to earn that drink of water and all those sorts of things. But you you really learned what it's like to work hard and you really learned what discipline was all about. And I would say that and you can you can expand on this. But I would say that, you know, being in the military yourself, that takes it to a whole new level.   Right. It's like you got that from sports. You got that from the military.   Yeah, definitely. I mean, obviously, they're very different in a lot of ways. But that is certainly a common theme is being disciplined. And people, people shy away from that word, because it just sounds like work or no fun and no flexibility. But I found that having discipline in your life ends up adding more freedom in a sense, because you kind of have your foundational pieces set in stone, you don't have to think about those. And so, yeah, regarding   team sports, it's really a matter of, you know, everyone doing their part, right. And so there's a level of individual discipline and, and then just, and then also just kind of putting the putting the group ahead of yourself. Obviously, you know, you want individual, there's nothing wrong with individual accolades. And I was certainly chasing, you know, those individual accolades. It's not something I shied away from, I was definitely was wrapped up in   trying to be an All-American and that kind of thing. And did get that a couple of times, you know, but at the end of the day, nobody really cares about that. And the way I viewed it was if I was doing my part, and I got those, you if I was scoring goals in lacrosse, as an example, that means I'm contributing to, you know, to the team, right. And so there's obviously a fine line there, but of going too far, either way. But yeah, that discipline is critical.   (Jamie Bateman) (06:36.73) you know, even it's certain I played at a high level in college and there was year round your training your your your into it. It was a division three school but it but the reality was we worked just as hard as any any D one program and yeah, it's it's a these are skills that have paid off and are absolutely transferable to the rest of life.   For sure. Yeah, I think you've got to get those intangible things. You've got to develop them somewhere along the way, whatever that is, if that's sports or the military or from your parents. mean, you can get it from different places, but you definitely need it. I mean, we're in different stages of our life at this point. talking about a lot. We talk about freedom and flexibility and fun to try to get away from kind of the W-2 mindset.   But in order to achieve freedom, flexibility and fun in a successful way, have to be disciplined to be able to get there. You had to have done something successfully to be able to get there or maybe what separates you from the guy living in a van down by the river. That guy has freedom and flexibility. I don't know about fun, maybe fun, but it's a different, obviously it's a different outcome.   Yeah, and I, I think I still need, you I still use a lot of discipline today. It's still, still required, but it's, I guess it's self imposed. And, you know, I just love, love having that flexibility and that freedom that comes along with being an entrepreneur. So yeah, it's been a central piece to my success for sure. But I still, I don't think it ever, you know, goes away. I just get to pick and choose what, you know, what discipline I want to   kind of enforce on myself, I guess. So yeah, absolutely. And as you said, the military was a huge part of that for me as well. I mean, that's a different kind of, different kind of discipline and different kind of teamwork and different, you know, if you lose the lacrosse game, okay, you lost the lacrosse game, but military the stakes are a little higher. So maybe certain things are more important attention to detail or critic is critical and   (Jamie Bateman) (08:53.73) But at the end of the day, it's, the same principles apply across both, I guess, sectors, if you will.   For sure. So let's dive into that transition. You started working kind of part-time there for seven years, so that seems like a transitional period. How were you able to progress from that W2? And what I've heard you say is call yourself a W2 quitter. I love that. How were you able to progress from a W2 person to a W2 quitter? What enabled you to do that and what that transition looked like?   I mean, you know, I do remember in 2015, probably a little bit maybe maybe say 2014. But I just you get, you know, I had a wife and two kids and I had the commute the long commute that I know a lot of people can identify with. So it just was Groundhog Day was the same thing over and over and over. And that's not me sitting here complaining about my family or having having the opportunity to work.   But after a while, it gets old. Let's just be real, right? So it's like you're sitting in traffic and I just, you start looking at, you know, I worked for the government and you look around and you say, who, okay, who's sort of ahead of me on this? Like you, like I think you probably mentioned on our, on your, your show and my, show, your episode, you look around to the people who are more kind of further along the path than you. You say, do you want to be that person? Is that the life you want? And man, I did not want that.   And it just just having that just super long term just you know, pot at the end of the rainbow, I guess, nothing driving me in the interim, man, it was it was just it was brutal. So I probably did a little woes me for a little bit there a little victim mentality for a bit. But then you start to realize, like, okay, if you don't take ownership of your own life, no one's going to right. So   (Jamie Bateman) (10:54.934) No one's going to come in and do this for you. So I'm not sure what truly, you know, created the change in my mindset, but my mindset absolutely started to change and it just made a shift. And I, and I stopped watching cable news. I stopped, just, you know, stop paying attention to all the things that I can't control. And I couldn't control back then and, and started saying, no, what do I have? What are my strengths? Who is in my, who's back to the team thing.   who's on my team, who's in my network that I can add value to and who can add value to me. So I started looking around and my father was a realtor for many years. My brother was a loan officer. We had one rental property at the time. I had worked at, I didn't mention, I worked at a title company and I worked for a mortgage broker before as well briefly. So I had this experience that a lot of people don't have and that's   you know, that doesn't mean I'm better than anyone. It just means these are my strengths. So let's point to that. And let's use that. So I started really being intentional about focusing on my strengths and my assets that I had in my life, right. And then another asset that I used to see as a liability was the time in the car. So I started listening to podcasts. you know, and then it turned into wait, I don't even want to go into work yet. Because this this podcast episode is amazing. And I'm learning so much.   know, bigger pockets and all the other real estate podcasts and different investing podcasts and started using that mental bandwidth instead of focusing on national media stories that I have zero influence over. Here's something that I can actually take action on. And so in mid 2015, I went part time and it just so happens that at   DoD is one of the few agencies in the in federal government where you can go part time and still keep your benefits. So I still had health insurance for my family. You know, most people don't have that option necessarily, but well, I did. So that's what I did. And, and, you know, that's, again, decided to decide to start building my my other streams of income outside of my W two.   (Jamie Bateman) (13:15.752) my circumstances been different if I was single, I probably would have just quit the whole thing, right? But I was able to have that kind of laddered approach, I guess, or tiered approach to kind of ripping off the bandaid.   Yeah, yeah, no, that's awesome. I love just the idea of taking ownership of your life, right? Like everybody has those moments where they're feeling sorry for themselves. But the successful people, they don't sit there and stay in that mindset. They move on. You're going to be there sometimes where you've got to get out of it. You got to say, OK, what can I control? What can I change? And you don't say you don't give other people the power to control.   you and your mindset and how you feel about your life. Right. Like that's that's that's the thing. Like if you you're constantly blaming someone else or saying this happened to me rather than what can I do to get myself out of it, then you're going to be stuck there forever. You're going to be absolutely going to be spinning your wheels forever. And a lot of that, I think, helps because you said you don't listen. You don't watch the news. I don't either. No, it's a waste of time. What control? What does that do for us? If I do watch it.   I literally do it for entertainment and you look at it as an entertain. I look at it like I'm watching. I look at it like this is funny. Like I can, you know what I mean? You kind of analyze it like, this is funny. This guy's saying this in a debate. Right. This guy's saying that it's not taking it as a news and this is how I should live my life because of what they're saying.   sports almost.   (Jamie Bateman) (14:43.341) Fact.   (Jamie Bateman) (14:48.078) Absolutely. And it's not to say that none of these topics are important, mean, global war, politics, poverty, global warming, whatever, it's all very important, but I have zero control over it, almost zero, right? And then the other thing is fear sells and that's what they're selling. And so it doesn't mean that every story is invented and it's all fake news, but it's   it just doesn't serve me. And so I'd rather focus on, you know, go ground up and kind of just, I see it in people, maybe older people in my own life now who maybe are retired and they watch the news all day. And it's like, they won't travel because they saw a news story that the airports are packed or something. And, you know, it's, I'm sure that story was, was accurate, right. But it, but the, but the news can filter out and you end up only focusing on   the negative really, and it just didn't serve me. yeah, during that lot, the second seven years, I was able to build out my wife and I were doing single family real estate investing and doing a lot of the BRRRR method that maybe some of your audience is familiar with. And so kind of putting that capital back into the rental property machine and expanding our portfolio. And then eventually last year, well, and   2018, made the pivot, I kept the rental properties, but made a pivot to also add on mortgage note investing. And that's been my primary focus as of late. And if you want, can tell the story quickly about how I actually quit my job in 2022. I think it's kind of a funny one.   Absolutely, let's do it.   (Jamie Bateman) (16:38.318) All right. So, I, so I, two years ago, I was playing badminton and, I'd been doing now, mind you, I used to be like tough, you know, athlete. And like I did, you know, did jujitsu for three years right up before this. And, know, I used to lift weights a lot and still do it here and there, but, you know, I think I'm tough. Right. And,   ruptured my Achilles playing badminton. So that's an ego blow to add on to the physical pain that you know, especially with the recovery. So rupture my Achilles a little over two years ago today and I was out of work, it was my right right foot. And the reason I bring this up is not for sympathy, but to say, you know, I couldn't drive for three months. So I actually, yeah, and I had tons of leave from from work and   By this time, I was tired, really tired of my, I was pretty much checked out. Like I think you, might've been at your, your big law job, but I was, I was checked out. mean, I wasn't the best employee at this point. And so I took as much leave as I, as I could, you know, reasonably right. And so, but couldn't drive. And so I was out for three months and I come back. So come back into work and I'd had discussions with my wife about, about leaving. was just a matter of, of when, not if.   That's right   (Jamie Bateman) (18:04.43) I can tell you truthfully, I had no idea that I was going to quit this day, but I came back in from having been out for three months. Mind you, no one gave me a call. No one from work, no one from my management gave me a call the entire three months I was out, other than to say, to ask me, are you vaccinated? Because you have to be vaccinated to be, to get inside the building. Now, I don't want this to turn into some controversial vaccine discussion.   or get your podcast banned from something but yes, I'd been vaccinated to answer the question. But no one asked me how's your how's your recovery going? Like how you what do you you know, how's your life? You know, what's it's just are you vaccinated, you need to get that shot before you come in? Okay, great. Thanks. I really feel welcome here. So I'm already just, you know, you know what, screw this place, right? Come back in and just   go to my desk, and this is this is an office space kind of thing where I go to my desk and there's some there's an Air Force kid at my desk and long story short, they kind of moved me somewhere else without telling me I can't find my desk, I finally find it, it's got a box with my name on it with, you know, monitors sideways and all and clearly not a functioning desk and, you know, office space. So I literally quit that day. And I just say that it's just like,   I knew 100 % I was done. My wife didn't know I quit, but I quit that day. Still worked for another month or two, but there was no question, zero question in my mind, I'm done with this place. So that was March of 2022. And ever since then, I've just focused on building out my businesses and having look back.   That's awesome. Sometimes you just know, right? Like sometimes it's done. You just knew. I love that story, man. For me, it was a little bit. You already know the story, but for me, it was a little bit more of someone else's decision. I got fired. mean, and you mentioned that, you you weren't the best employee at that point. Correct. I knew the same thing. And it's great to have awareness and perspective and kind of looking back now, you're like, I would have done the same thing. Like this guy doesn't want to be here.   (Seth Bradley) (20:21.292) His output isn't what it should be. Like, he's got to go. mean, he's not the best employee. And as a business owner now, I have really good perspective of that and seeing that. And they were doing me a favor by being like, hey, your heart's not in it, it? And I'm like, no, it's not.   It's not. Yeah. The reality is for me, it's really hard to work. know, once you go part time, I mean, I knew I was casting a vote against my career progression there. So as soon as I went part time in 2015, I wasn't saying I'm in this for the long haul guys. This is this is my focus. You know, it's the writing's somewhat on the wall. Looking back, it's almost surprising. I lasted as long as I did. But so, yeah, haven't looked back and just loved love the entrepreneurial   you know, day to day and freedom that you alluded to and just the multiple streams of income and certainly has its challenges. I probably work harder now than ever than I ever have. But it's by choice. So I love it.   Exactly. Same here, man. mean, it's, you my days are long. I mean, I get up way before I used to get up when I had a 95. I worked past when I would have worked a 95 and definitely more hours. But when you're doing it for yourself and you're doing it because you're working towards something that you believe in, it doesn't feel like you're putting that much time in.   Definitely. I wake up early. A lot of days not on purpose is because I'm just excited to get cracking.   (Seth Bradley) (21:55.886) So, yeah. absolutely. Yeah. Well, let's kind of get into your current business. I know you mentioned that you focused on your strengths and your assets. Yeah. And, you know, I think it's important. just say it's important to take an inventory of what your strengths are when you're kind of considering going into something else, because a lot of our listeners are attorneys, they're doctors, folks like that. They kind of feel like maybe they're pigeonholed, right? Like, well, if I'm not an attorney, what the hell else can I do?   Right. And like, I don't know anything about real estate investing or node investing or starting a business or anything like that. But if you really take a step back, you probably have a lot of skills that you've learned and honed in your career that you can use for something else moving forward. And that was that's what you were able to   to do. Definitely. And one thing I'd say is that, you know, one thing that's always comforting for me is nobody knows everything, right? So you can always find somebody who knows more than you in a certain area. You know, there's one quote about every man is my superior in something, right? So basically, it gives me a lot of comfort to know, like, just because an attorney listening to your show knows a   way more than I do about a particular topic and probably many, many other topics. That doesn't mean I'm less of a person or you know, I don't know more than that attorney does in another area. So it's okay, I'm never going to know everything. There are other people who've already figured it out. So you know, that's, that's always comforting to me is to when I say look to your strengths, it's also looking to the people in your network who know, it can help you get to where you want to go. So yeah, I mean,   So many things we take for granted that we do know. you know, example, when I started working at a title company, fresh out of college, because it was my first real job, and it paid, you know, a salary. I realized quickly how little I knew about title insurance settlements, you know, just just basic stuff. Now looking back, pretty basic stuff. But you don't know that unless you work for a title company, or you're heavily involved in this, you don't you're not.   (Jamie Bateman) (24:10.03) trained in that in school typically, right? So, you know, you forget and so your your listener out there, the attorney, the doctor, guarantee they have a lot of life experience, not just from their professional world, but just life experience that they shouldn't take for granted. And the fact that you can go through law school and then be, you know, be an effective attorney, or go through medical school and be an effective doctor, that that means you you can learn things, right? And so   Again, I'll go back to life as seasons. I mean, you've shown that in your own story, Seth, like, you know, it's a, doesn't mean just because I started a certain business doesn't mean that's going to be what I'm going to be doing for the next 20 years, or just because I'm an attorney now, it doesn't mean that's what I have to do for the rest of my life. So we always have options. mean, you might look back and wish you'd done something differently or something, but you only have one chance at this. And so,   you know, just make the most of it and just keep, think, keep learning constantly is critical. I just hired a business coach, we've had one call. But one of his mottos is, you know, one of his sayings is that he's always he's in permanent beta. So he's always changing, always improving, he's always growing. So I'm trying to trying to implement that as well.   (Seth Bradley) (25:40.64) the interruption, but we don't do ads. Instead, know that if you're raising capital for real estate, my law firm, RaiseLaw, is here to give you the expert legal guidance you need to raise capital compliantly and structure and close your deal. And if you're looking for a done-for-you fund-to-fund solution, Tribest is the industry's only all-in-one setup and fund administration solution. Visit Raise.Law and Tribest.com to learn more.   Yeah, I love that permanent beta. I haven't heard that before, but I like that. I like that phrase. like that phrase. So tell me about your current business. Tell me about MortgageNode Investing. Start with the basics. What is it?   Yeah, so and, and I'll try to keep it, there's so much to it. But again, none of it is difficult. It's just a lot of moving parts and you've got to, you know, takes time to learn. We buy debt, so we buy a mortgage note, and that could be performing or non performing. The real high level version is, is a performing note is kind of like a long term buy and hold rental property.   but you're buying the debt and becoming the lender, becoming the bank, if you will. And so you're buying that performing note for cashflow. So I buy a performing note, the borrower now pays me through a loan servicer and I get monthly payments. So that's a great way to go. The problem with that is you can't really add value to that asset very well. You're kind of, it is what it is. And in fact, with mortgage notes, the value actually goes down over time, generally speaking, because   principal balance goes down. So it's just, it's worth less than, you know, then, you know, then it would then it was when you bought it. Then on the other side, the non performing side of things, we buy those as well. And those are more like a fix and flip property. So although we're still buying the debt, we're not buying the property. But there's a chance to add value, there's an opportunity to buy distressed asset and add value to that asset and then sell that that non performing note, either well,   (Jamie Bateman) (27:49.826) I should say sell that asset, whether that's as a re performing note, or as through the the real estate itself, there are a few different ways you can exit a non performing note deal. And but, but back to your kind of one of the themes thus far, one of the reasons I got into specifically that space was that I understood the real estate space. So I understood the single family, residential real estate space. So it wasn't a huge leap for me to go from   owning the property to now owning the debt on that property. Whereas it would have been a lot bigger leap for me to say, I to start buying distressed, you know, multifamily debt, which I know you could probably help me understand better. But at that, you know, it's like, incremental progress and change isn't that scary. So I kind of expanded my, you know, toolbox, if you will.   and got into the mortgage note space. So we have a couple of note funds. One is open currently and they're all for accredited investors. the income fund that's open pays a monthly, aims to pay a monthly preferred return. I know you and a lot of your listeners are attorneys, so I gotta hold the line here. And...   So the fund is structured to pay, to aim to pay a monthly return of 8%. It's not a, there's no growth in that fund. It's literally a cashflow play and diversification play. You're putting your capital in. We buy assets across the country. We've bought notes in probably 25 states at this point. And so the investment is diversified across geographic areas, across borrower types.   And we buy for a certain yield, we take a small management fee, and then we ideally pay the preferred return that we're aiming for to our investors.   (Seth Bradley) (29:56.686) Yeah, nice. 506c, you're able to talk about it. It's a credit investors only. Just want to that out there. yeah, I mean, so just going back to the basics a little bit and we'll get back into the fun. Like, how do you, how do you even find these things? mean, yeah, that's, how do you get started? How do you find these things?   So I mean, that is an ongoing challenge. I'm not going to lie to you. That's one of the things that truthfully a passive investor who doesn't have time to develop the network to go find these assets, they're just not going to have success. They might here and there, but it takes time. It's a word of mouth industry, just like real estate itself is. so we've built out a network of sellers and that could be   quite honestly, I've never had luck buying directly from banks. It's really either a larger Mortgage Note fund that's closing. So it might be a three year fund and then they've got to, they've got to liquidate, they've got to figure out how to sell off what to do with these assets. And so that's a great opportunity to buy is just a fund that's closing or somebody a note investor who's getting out of note investing or they've had a life change or something, you know, where   they just, there's an opportunity to buy from them as well. And so there are other, you know, I guess we buy from hedge funds, note investors, other note funds. There are also note brokers as well out there. There are also some online exchanges like paper stack and a couple of others that you can go and I've bought and sold on paper stack and other exchanges as well.   And you can find assets there. But at the end of the day, have our list of people that we work with regularly. And I would say one thing is that doing due diligence on a note seller is just as important as due diligence on the assets that they're selling. And so it's taken some work and it's a work in progress always. But it is the million dollar question is where do find these assets?   (Seth Bradley) (32:12.598) Yeah. So that's the hard part, right? Finding these assets is the hard part. Have you ever had to foreclose on any of these notes and actually acquire the property? And I guess a follow-up question is, do you ever look at a non-performing note like, hey, I actually want to own that property?   So, great questions. Yeah, great questions. To be clear, we're not trying to kick people, you know, grandma out on onto the street or anything like that. You know, that's not our goal typically. Well, that's never our goal. But we're never trying to kick someone out of their home. But the reality is, some people honestly need a little bit of a kick in the pants. And oftentimes, that's not really the best them staying in the house is not often   the best scenario for them. know that might sound harsh, but at end of the day, if someone can't afford to live somewhere, sometimes these people are living in squalor and they really need a change of environment. To answer your question about do we target the property? Yes, sometimes we do. In fact, we just closed on to, they're called heckum loans or reverse mortgages, where the borrowers are deceased. The property is underwater, meaning, you know,   the loan amount is higher, than the property value. And it should be a quick exit through the property. So HUD will sell off these big pools of reverse mortgages. And we were able to purchase two of them very recently. It's a vacant property, you're not doing an eviction, borrower is deceased, you've got to work through the heirs or foreclosure and exit the property that way.   If your listener wants to go to my website, I've got a really good Jacksonville blog post, I've got a couple of blog posts about this deal. I still hold this rental today. And it was a non performing note that we purchased a few years ago. And I had no intention of exiting through the property or holding, holding the property as a rental property, but running the numbers, it just was too good to, to let go. so long story, but we, we   (Jamie Bateman) (34:22.51) ended up doing a deed in lieu of foreclosure actually in this case and got the property back and now it's a long-term buy and hold property for my own rental portfolio.   Yeah, that makes sense. It makes sense. There's always multiple ways to look at an investment, right? But it does sound, you know, it's not something that I've executed on myself, but it sounds like this is an active business, right? And that's why you've put together an income fund for people that want to get involved passively. as everybody knows, there's active investments, there's passive investments. If you're to do something active.   Maybe your returns are going to be a little bit better, but you're going to give up a lot of time and effort to get those returns. So if you want to go the passive side, if you're still full-time in your career, you're a full-time doctor or lawyer or whatever you are, these passive investments are the way to go without having to know every single detail about a new business.   Yeah, and I don't know if you can see this, but I wear this specifically for your for this   There it is. There it is.   (Jamie Bateman) (35:29.272) Passive income. You're absolutely right. You know, these gurus, some of the some of the note investing gurus out there will try to sell, you know, notes as passive. We have another blog post that talks about just the it's a spectrum, there's active and passive on either end. But at end of the day, if you're going to note investing in my world is very, very active. And we have a non performing note fund that's considerably more active than the performing note fund. So   You're dealing with foreclosures, bankruptcies, deed and loo, tracking delinquent property taxes. Do I have to physically go anywhere? No, but it is not passive. But that's why we offer the passive investment for people who, like you said, have maybe more capital than time or energy, and they want to put that capital to work.   That's right. There are certain gurus out there that, know, whatever it is that they are pitching, they tend to always pitch it as passive, even though it is an active business, that's money. Whether that's a mortgage note or I mean, people will pitch Airbnb short term rentals as passive. They're like, well, you can delegate this and you can, you know, you can automate that and there's software for all these things. But you still got to put all that stuff together.   Mm-mm.   (Seth Bradley) (36:48.396) You've still got to monitor all those things. still got to oversee all these different aspects of a business. And that's what it is. It's a business that you're running and it's not passive. Like, it's not, it's not. And it is on a spectrum. Some things are more passive than others, but when you're investing in, you know, as a passive investor into some sort of a fund or syndication, that's really leaning really far into the passive side.   Absolutely, 100%. And I'm, as you are, Seth, I'm, I assume you are, I know you're an active investor, but I do have passive investments myself in other, other funds, other note funds, and, and my own, my own note funds as well. And so nothing wrong with doing both, but I would say you need to be careful about, you know, you got to make a decision at some point, do you want to scale this thing and make this really a business? Or do you do you are you satisfied with?   potentially a little bit lower return and you are giving up some control but much, you know, much fewer headaches and just a lot less work.   Right. Yeah. And a lot of, you know, lot of the listeners are high income earning professionals. So they've already dedicated, put a lot of time and effort into being able to earn this much money from their W2. And that's probably your best bet, to be honest with you. I've been there. I was in those shoes. You're probably better off putting your head down and like, let's grind for a few years. Let's not spend every single dollar that we make on all the new stuff on a new car every two years or every year.   in a bigger house that you don't need. Like, let's set aside some of that and invest it passively. And then maybe one of those will stick. Maybe one of those passive investments will be a mortgage no fund where you're like, man, I kind of like this business. I like the sound of it. I've learned about it. And then you start maybe progressing on the active side and maybe that takes over. And you want to get into that as a business, as an entrepreneur. But a great way to kind of dip your toe in the water is to become a passive investor. That's the way that I did it in the,   (Seth Bradley) (38:53.186) multifamily syndications. invested passively in a number of deals first and kind of learned about it, learned the ropes and I'm like, I can do this. And then that's when I made the transition.   Yeah, definitely. It really comes down to what your goals are and what your situation is, for sure. I'll say I was too passive initially when I went into notes, because personally, just don't... You were probably a little better student, Seth. Not that I was a bad student, I invest... Unless I'm actively investing, I'm just not going to learn a lot. So the reality is, yeah, it's fine to learn about the asset class. You definitely should learn about the operator for sure.   you're putting capital with them, but you're not going to once you're getting your checks and your disbursements, you're not going to probably learn a whole lot about how to do that on the active side. And so that's what we're here for.   Yeah, yeah, it's more of like a spark of an interest, right? Like maybe you already have that spark and then you invest passively. Then you're like, OK, well, now I'm invested. Like, let me learn about this. And you have to have to actively go out there and educate yourself and network and talk to people that are in the business.   Definitely, 100%.   (Seth Bradley) (40:01.71) Alright man, before we jump into the Freedom Four, you have one last golden nugget for our listeners.   Oh, I would say within when it comes to investing, you know, take the long term view. Don't chase immediate returns. You know, I do think just, yeah, it's certainly we all want to make a million dollars tomorrow. But I think it's it's a play the long game when it comes to investing. I think that's critical.   Love that man. All right, let's jump into the freedom form. What's the best thing you do to keep your mind and body healthy?   Yeah, I mean, one thing that I instituted this year, actually, is breathwork. And it's, you know, it's so it takes 10 minutes. And per day for me, at least. And it's been phenomenal. And it's something that quite honestly, as a, as a, you know, athlete back in the day, or even in the military, I would have scoffed at something like this, to be honest with you, because it's just, you know, it's not manly or whatever. And it's like, it is phenomenal. So breathwork,   I mean, I do other things for sure. But that's certainly this year, it's been a game changer for me. I just feel like it resets my central nervous system. It just gets me focused. And I know there are other physiological benefits that you can ask Dr. Andrew Huberman or somebody else about.   (Seth Bradley) (41:26.153) Cool. I'll have to look into that. actually have it. mean, obviously everybody talks about it's a hot topic. Yeah. I haven't gotten into it. I haven't gotten into that plus like the cold plunges and that sort of thing. Yeah. But I really want to want to   So I don't know how much you can cut this out if we don't have time, but I had a, I'm just going to be, be open about this. I just had a, you know, in late December, I got a viral infection, like a neurovirus. And then I had, I had a, what I think was a pretty severe panic attack and it was super scary. And so that's why I started doing this. And somebody on my team actually sent me a, I guess we'll call it an implement or a tool that   I use for the breath work. It's blue. There's a Bluetooth connection to your phone and it's pretty cool. So it's structured and back to that discipline, right? But yeah, so it's, there was a reason I started doing it and it's, it's so accessible in five to 10 minutes a day. You can start doing it. So I recommend. Cool.   Thanks for sharing that man. With all your success, what is one limiting belief that you've crushed along the way and how did you get past it?   I think just, you know, being afraid to, you know, that you have to be perfect, right? So I used to be an editor back in the day. And so many things would just not get done or not get completed within our team, our organization, because it had to be perfect. And it's like, I think as I've progressed into more of the entrepreneurial lifestyle and   (Jamie Bateman) (43:02.35) is just it's not a it's not an option anymore. So yeah, I think just taking action has kind of overcome that limiting belief of chasing perfection.   Yeah, I can agree with you there. Done not perfect. Yes. My background as an attorney, mean, we're paid to be perfect. We can't make mistakes, especially in contracts and the way that we write things. But when you make that transition over to being an entrepreneur, there's too much to do to be perfect. You just got to get it done. Good enough.   Absolutely. Good enough. You have to be willing to accept that for sure.   What's one actionable step our listeners can do right now to start creating more freedom?   I'll use the military here, which is where I learned kind of reverse backwards planning, reverse planning. literally just, and I'm not going to tell you I'm perfect at this, but, you know, think about what, create a vivid vision for your life in the next three to five years, pick it, pick three years out from today. And what do you want your life to look like? And then backwards plan. And now I'm not saying you need to plan every minute of every day, but   (Jamie Bateman) (44:20.876) you can be that will that will increase the urgency, sense of urgency in your life and the intentionality of every every hour and every day because you realize this is doable, but I got to take ownership of my current situation if I want this to be the reality in three years. So I would say, create a vivid vision and and kind of reverse or backwards plan to get there.   Perfect, perfect. Last but not least, House Passive Income made your life better.   Yeah, I mean, I think in multiple ways, but a big one that stands out is giving me, I guess we'll call it margin to take some more risks on the entrepreneurial side. And because I do have alternative sources of income, passive income, it's allowed me that kind of mental and financial bandwidth or margin to maybe invest in a company that even if it   doesn't go perfectly, or doesn't go well, it's not profitable, that's okay. I still have that cushion for me and my family. that's, yeah, it's a huge, it's been a huge factor in that regard.   Yeah, absolutely. Game changer, man. It just changes your mindset, changes your life in so many ways. Jamie, this has been incredible, dude. You've got so much great content to share in your brain, man. You got to get out there. know you've got an awesome podcast that I was on, Adversity to Abundance. Everybody should check that out. Other than that, Jamie, where else can people find out more about you? Yeah.   (Jamie Bateman) (45:54.924) Just two things I'll mention very quickly. Literally got my book delivered today, like an hour before I hopped on here. It's from adversity to abundance. It is based on the podcast. So I encourage your listener to check that out from adversity to abundance is the book that's out. then labradorlending.com, L A B R A D O R.com is where you can check us out.   All right, man. Awesome. I'll drop all that in the show notes. Thanks again for coming on, brother.   Thanks for having me, Seth. This has been great.   (Seth Bradley) (46:26.978) Thanks for tuning in to Raise the Bar Radio. If you enjoyed today's episode, make sure to subscribe, leave a review, and share it with someone who needs to hear it. Keep pushing, keep building, and keep raising the bar. Until next time, enjoy the journey. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Jamie Bateman's Links: https://x.com/batemanjames https://www.facebook.com/batemanjames https://www.threads.com/@batemanjames11?xmt=AQF0nwaIL6JD_GK94lbTvHphHOmWwlUyt3TkeHLav-vXU_E https://www.instagram.com/batemanjames11/ https://www.linkedin.com/in/jamie-bateman-5359a811/ https://labradorlending.com/about/ https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867 https://open.spotify.com/show/7JjGWsKVzzEI8UwXP9GONZ https://www.youtube.com/@FromAdversity2AbundancePodcast

The Passive Income Attorney Podcast
TME 14 | How to Quit Your W-2 and Never Look Back with Jamie Bateman

The Passive Income Attorney Podcast

Play Episode Listen Later Sep 9, 2025 46:44


Title: How to Quit Your W-2 and Never Look Back with Jamie Bateman Summary: In this episode of Raise the Bar Radio, Seth Bradley welcomes Jamie, a military veteran turned real estate and mortgage note investor, who shares his story of transitioning from a W-2 career into entrepreneurship and financial freedom. Jamie discusses the phases of his life, including collegiate sports, military service, and a long stint at the Department of Defense before pivoting to real estate and eventually mortgage note investing. He emphasizes how discipline shaped his journey and how shifting mindset, focusing on strengths, and leveraging his network were key to taking ownership of his life and finances. Jamie also dives deep into the mortgage note investing space, explaining how performing and non-performing notes work, the active nature of the business, and how he now offers passive investment opportunities for accredited investors. He closes by highlighting the importance of planning with intention, overcoming perfectionism, and using passive income to create margin and freedom in life. Links to Watch and Subscribe:  https://youtu.be/nRyX8_YA9YI Bullet Point Highlights: Discipline builds freedom - Sports, military, and entrepreneurship all instilled the value of discipline, which Jamie says is critical for success and freedom. W-2 life wasn't the path - Jamie recognized through his commute and stagnant career trajectory that he didn't want to follow the traditional path, sparking his exit plan. Mindset shift was essential - He stopped consuming negative news and started focusing on education and his strengths to shift into entrepreneurship. Mortgage note investing explained - Performing notes offer cash flow while non-performing notes offer the chance to add value, akin to fix and flips. However, both are active businesses, not passive. Passive income fuels risk-taking - Creating passive income streams allowed Jamie to take entrepreneurial risks while maintaining financial security. Action beats perfection - As an entrepreneur, chasing perfection isn't practical. Done is better than perfect. Reverse planning drives clarity - Backwards planning from a vivid vision 3-5 years into the future increases urgency and helps set clear, intentional actions. Final advice - Start by investing passively to learn, and later you can decide whether to become active. Don't underestimate the transferable skills you already possess. Transcript: (Seth Bradley) (00:02.062) What's up, builders? This is Raise the Bar Radio, where we talk about building wealth, raising capital, and all in all, raising the bar in your business and your life. This is the No BS podcast for capital raisers, investors, and entrepreneurs who are serious about scaling their business and living life on their own terms. I'm Seth Bradley, securities attorney, real estate investor, and entrepreneur, bringing you world-class strategies from the best in the game.   If you're ready to raise more capital, close bigger deals, build a better you and create true financial freedom, you're in the right place. Let's go. Jamie, what's going on, brother? Welcome to the show.   Thanks Seth, is awesome. I'm excited to be here and I'm hoping to add some value.   Absolutely, man. Third time's a charm. We've been trying to get this scheduled after I was on your show, which was fantastic. Had a really good time on that show and I think it turned out pretty good. I know we're going to deliver on this one as well.   Yeah, we're gonna try to try to I'll try to do as good a job as you did. So yeah, was that was a yeah, no, I that was a very, very good episode from adversity to abundance. highly recommend your your listeners check that one out to your episode on that show. So thanks for thanks for doing that.   (Seth Bradley) (01:20.086) Absolutely, man. You're an incredible interviewer. I've net, that's the only, I've been on dozens of podcasts and, you know, you pulled out a lot of things for me that I've, I've never talked about on the air. So it's pretty, pretty awesome. Pretty awesome show, man.   Appreciate that.   Cool man, well let's just jump right into your background man. What's your story? Take it back as far as you'd like to brother.   Yeah. Man, I'd like to think that life has phases. So I've had a few different phases in my life. I come from a large family. I'm the oldest of seven kids and we always had a competitive background as far as team sports and things like that. So I played lacrosse in college. That was always a foundational piece of my life and just kind of   think from there learned how to be a part of something bigger than myself and how to work toward a common goal with a with a team. So that's been something that's been a kind of a thread through my life and then got married and joined the military and actually joined the military technically before I got married, but seemed like I got married and then ran off and ran away from my wife. But it's not exactly what happened. But   (Jamie Bateman) (02:36.02) I joined the military, was an officer in the US Army. I did miss my first three wedding anniversaries through deployment and things like that. And again, it was a matter of trying to be plugged into something, you know, to serve and be a part of something bigger than myself and trying to add value like I think we all want to do. I've obviously glossed over a lot of details, but those were a couple of inflection points, I guess, if you will, like you like to talk about, I know.   And so my military career transitioned into a career with the Department of Defense as a civilian, and did 14 years as a civilian with DoD at Fort Meade. And the first half, so the first seven, for all you math wizards out there, was full time. And then the second half, the second seven years was part time. And that   seven years is when I was really building my businesses, which are largely real estate investing and mortgage note investing focus. So we can get into the details there. And then in 2022, I ended up quitting my job and now I have a few different small businesses that I run. And like you, Seth, I've got a lot of different things that I'm juggling and   You know, so, but yeah, I love talking about taking ownership of your financial situation and taking ownership of your life really. And I know that you and I have that in common. So yeah, that's a high level overview of my background.   Awesome, man. I appreciate that. There's a lot to unpack there. You know, going back to playing sports all the way up to the collegiate level, that's incredible. I always like to think even playing like popcorn or football back in the day, you need a way to instill discipline in yourself. And that's kind of the oldest memory I can think of where it was hard, right? Like it was like you've got a coach screaming at you.   (Seth Bradley) (04:38.134) Like back in the day, it's like, you know, they wouldn't give you water unless you like, you know, for like an hour, which I don't think they do that anymore now. But, you you had to earn that drink of water and all those sorts of things. But you you really learned what it's like to work hard and you really learned what discipline was all about. And I would say that and you can you can expand on this. But I would say that, you know, being in the military yourself, that takes it to a whole new level.   Right. It's like you got that from sports. You got that from the military.   Yeah, definitely. I mean, obviously, they're very different in a lot of ways. But that is certainly a common theme is being disciplined. And people, people shy away from that word, because it just sounds like work or no fun and no flexibility. But I found that having discipline in your life ends up adding more freedom in a sense, because you kind of have your foundational pieces set in stone, you don't have to think about those. And so, yeah, regarding   team sports, it's really a matter of, you know, everyone doing their part, right. And so there's a level of individual discipline and, and then just, and then also just kind of putting the putting the group ahead of yourself. Obviously, you know, you want individual, there's nothing wrong with individual accolades. And I was certainly chasing, you know, those individual accolades. It's not something I shied away from, I was definitely was wrapped up in   trying to be an All-American and that kind of thing. And did get that a couple of times, you know, but at the end of the day, nobody really cares about that. And the way I viewed it was if I was doing my part, and I got those, you if I was scoring goals in lacrosse, as an example, that means I'm contributing to, you know, to the team, right. And so there's obviously a fine line there, but of going too far, either way. But yeah, that discipline is critical.   (Jamie Bateman) (06:36.73) you know, even it's certain I played at a high level in college and there was year round your training your your your into it. It was a division three school but it but the reality was we worked just as hard as any any D one program and yeah, it's it's a these are skills that have paid off and are absolutely transferable to the rest of life.   For sure. Yeah, I think you've got to get those intangible things. You've got to develop them somewhere along the way, whatever that is, if that's sports or the military or from your parents. mean, you can get it from different places, but you definitely need it. I mean, we're in different stages of our life at this point. talking about a lot. We talk about freedom and flexibility and fun to try to get away from kind of the W-2 mindset.   But in order to achieve freedom, flexibility and fun in a successful way, have to be disciplined to be able to get there. You had to have done something successfully to be able to get there or maybe what separates you from the guy living in a van down by the river. That guy has freedom and flexibility. I don't know about fun, maybe fun, but it's a different, obviously it's a different outcome.   Yeah, and I, I think I still need, you I still use a lot of discipline today. It's still, still required, but it's, I guess it's self imposed. And, you know, I just love, love having that flexibility and that freedom that comes along with being an entrepreneur. So yeah, it's been a central piece to my success for sure. But I still, I don't think it ever, you know, goes away. I just get to pick and choose what, you know, what discipline I want to   kind of enforce on myself, I guess. So yeah, absolutely. And as you said, the military was a huge part of that for me as well. I mean, that's a different kind of, different kind of discipline and different kind of teamwork and different, you know, if you lose the lacrosse game, okay, you lost the lacrosse game, but military the stakes are a little higher. So maybe certain things are more important attention to detail or critic is critical and   (Jamie Bateman) (08:53.73) But at the end of the day, it's, the same principles apply across both, I guess, sectors, if you will.   For sure. So let's dive into that transition. You started working kind of part-time there for seven years, so that seems like a transitional period. How were you able to progress from that W2? And what I've heard you say is call yourself a W2 quitter. I love that. How were you able to progress from a W2 person to a W2 quitter? What enabled you to do that and what that transition looked like?   I mean, you know, I do remember in 2015, probably a little bit maybe maybe say 2014. But I just you get, you know, I had a wife and two kids and I had the commute the long commute that I know a lot of people can identify with. So it just was Groundhog Day was the same thing over and over and over. And that's not me sitting here complaining about my family or having having the opportunity to work.   But after a while, it gets old. Let's just be real, right? So it's like you're sitting in traffic and I just, you start looking at, you know, I worked for the government and you look around and you say, who, okay, who's sort of ahead of me on this? Like you, like I think you probably mentioned on our, on your, your show and my, show, your episode, you look around to the people who are more kind of further along the path than you. You say, do you want to be that person? Is that the life you want? And man, I did not want that.   And it just just having that just super long term just you know, pot at the end of the rainbow, I guess, nothing driving me in the interim, man, it was it was just it was brutal. So I probably did a little woes me for a little bit there a little victim mentality for a bit. But then you start to realize, like, okay, if you don't take ownership of your own life, no one's going to right. So   (Jamie Bateman) (10:54.934) No one's going to come in and do this for you. So I'm not sure what truly, you know, created the change in my mindset, but my mindset absolutely started to change and it just made a shift. And I, and I stopped watching cable news. I stopped, just, you know, stop paying attention to all the things that I can't control. And I couldn't control back then and, and started saying, no, what do I have? What are my strengths? Who is in my, who's back to the team thing.   who's on my team, who's in my network that I can add value to and who can add value to me. So I started looking around and my father was a realtor for many years. My brother was a loan officer. We had one rental property at the time. I had worked at, I didn't mention, I worked at a title company and I worked for a mortgage broker before as well briefly. So I had this experience that a lot of people don't have and that's   you know, that doesn't mean I'm better than anyone. It just means these are my strengths. So let's point to that. And let's use that. So I started really being intentional about focusing on my strengths and my assets that I had in my life, right. And then another asset that I used to see as a liability was the time in the car. So I started listening to podcasts. you know, and then it turned into wait, I don't even want to go into work yet. Because this this podcast episode is amazing. And I'm learning so much.   know, bigger pockets and all the other real estate podcasts and different investing podcasts and started using that mental bandwidth instead of focusing on national media stories that I have zero influence over. Here's something that I can actually take action on. And so in mid 2015, I went part time and it just so happens that at   DoD is one of the few agencies in the in federal government where you can go part time and still keep your benefits. So I still had health insurance for my family. You know, most people don't have that option necessarily, but well, I did. So that's what I did. And, and, you know, that's, again, decided to decide to start building my my other streams of income outside of my W two.   (Jamie Bateman) (13:15.752) my circumstances been different if I was single, I probably would have just quit the whole thing, right? But I was able to have that kind of laddered approach, I guess, or tiered approach to kind of ripping off the bandaid.   Yeah, yeah, no, that's awesome. I love just the idea of taking ownership of your life, right? Like everybody has those moments where they're feeling sorry for themselves. But the successful people, they don't sit there and stay in that mindset. They move on. You're going to be there sometimes where you've got to get out of it. You got to say, OK, what can I control? What can I change? And you don't say you don't give other people the power to control.   you and your mindset and how you feel about your life. Right. Like that's that's that's the thing. Like if you you're constantly blaming someone else or saying this happened to me rather than what can I do to get myself out of it, then you're going to be stuck there forever. You're going to be absolutely going to be spinning your wheels forever. And a lot of that, I think, helps because you said you don't listen. You don't watch the news. I don't either. No, it's a waste of time. What control? What does that do for us? If I do watch it.   I literally do it for entertainment and you look at it as an entertain. I look at it like I'm watching. I look at it like this is funny. Like I can, you know what I mean? You kind of analyze it like, this is funny. This guy's saying this in a debate. Right. This guy's saying that it's not taking it as a news and this is how I should live my life because of what they're saying.   sports almost.   (Jamie Bateman) (14:43.341) Fact.   (Jamie Bateman) (14:48.078) Absolutely. And it's not to say that none of these topics are important, mean, global war, politics, poverty, global warming, whatever, it's all very important, but I have zero control over it, almost zero, right? And then the other thing is fear sells and that's what they're selling. And so it doesn't mean that every story is invented and it's all fake news, but it's   it just doesn't serve me. And so I'd rather focus on, you know, go ground up and kind of just, I see it in people, maybe older people in my own life now who maybe are retired and they watch the news all day. And it's like, they won't travel because they saw a news story that the airports are packed or something. And, you know, it's, I'm sure that story was, was accurate, right. But it, but the, but the news can filter out and you end up only focusing on   the negative really, and it just didn't serve me. yeah, during that lot, the second seven years, I was able to build out my wife and I were doing single family real estate investing and doing a lot of the BRRRR method that maybe some of your audience is familiar with. And so kind of putting that capital back into the rental property machine and expanding our portfolio. And then eventually last year, well, and   2018, made the pivot, I kept the rental properties, but made a pivot to also add on mortgage note investing. And that's been my primary focus as of late. And if you want, can tell the story quickly about how I actually quit my job in 2022. I think it's kind of a funny one.   Absolutely, let's do it.   (Jamie Bateman) (16:38.318) All right. So, I, so I, two years ago, I was playing badminton and, I'd been doing now, mind you, I used to be like tough, you know, athlete. And like I did, you know, did jujitsu for three years right up before this. And, know, I used to lift weights a lot and still do it here and there, but, you know, I think I'm tough. Right. And,   ruptured my Achilles playing badminton. So that's an ego blow to add on to the physical pain that you know, especially with the recovery. So rupture my Achilles a little over two years ago today and I was out of work, it was my right right foot. And the reason I bring this up is not for sympathy, but to say, you know, I couldn't drive for three months. So I actually, yeah, and I had tons of leave from from work and   By this time, I was tired, really tired of my, I was pretty much checked out. Like I think you, might've been at your, your big law job, but I was, I was checked out. mean, I wasn't the best employee at this point. And so I took as much leave as I, as I could, you know, reasonably right. And so, but couldn't drive. And so I was out for three months and I come back. So come back into work and I'd had discussions with my wife about, about leaving. was just a matter of, of when, not if.   That's right   (Jamie Bateman) (18:04.43) I can tell you truthfully, I had no idea that I was going to quit this day, but I came back in from having been out for three months. Mind you, no one gave me a call. No one from work, no one from my management gave me a call the entire three months I was out, other than to say, to ask me, are you vaccinated? Because you have to be vaccinated to be, to get inside the building. Now, I don't want this to turn into some controversial vaccine discussion.   or get your podcast banned from something but yes, I'd been vaccinated to answer the question. But no one asked me how's your how's your recovery going? Like how you what do you you know, how's your life? You know, what's it's just are you vaccinated, you need to get that shot before you come in? Okay, great. Thanks. I really feel welcome here. So I'm already just, you know, you know what, screw this place, right? Come back in and just   go to my desk, and this is this is an office space kind of thing where I go to my desk and there's some there's an Air Force kid at my desk and long story short, they kind of moved me somewhere else without telling me I can't find my desk, I finally find it, it's got a box with my name on it with, you know, monitors sideways and all and clearly not a functioning desk and, you know, office space. So I literally quit that day. And I just say that it's just like,   I knew 100 % I was done. My wife didn't know I quit, but I quit that day. Still worked for another month or two, but there was no question, zero question in my mind, I'm done with this place. So that was March of 2022. And ever since then, I've just focused on building out my businesses and having look back.   That's awesome. Sometimes you just know, right? Like sometimes it's done. You just knew. I love that story, man. For me, it was a little bit. You already know the story, but for me, it was a little bit more of someone else's decision. I got fired. mean, and you mentioned that, you you weren't the best employee at that point. Correct. I knew the same thing. And it's great to have awareness and perspective and kind of looking back now, you're like, I would have done the same thing. Like this guy doesn't want to be here.   (Seth Bradley) (20:21.292) His output isn't what it should be. Like, he's got to go. mean, he's not the best employee. And as a business owner now, I have really good perspective of that and seeing that. And they were doing me a favor by being like, hey, your heart's not in it, it? And I'm like, no, it's not.   It's not. Yeah. The reality is for me, it's really hard to work. know, once you go part time, I mean, I knew I was casting a vote against my career progression there. So as soon as I went part time in 2015, I wasn't saying I'm in this for the long haul guys. This is this is my focus. You know, it's the writing's somewhat on the wall. Looking back, it's almost surprising. I lasted as long as I did. But so, yeah, haven't looked back and just loved love the entrepreneurial   you know, day to day and freedom that you alluded to and just the multiple streams of income and certainly has its challenges. I probably work harder now than ever than I ever have. But it's by choice. So I love it.   Exactly. Same here, man. mean, it's, you my days are long. I mean, I get up way before I used to get up when I had a 95. I worked past when I would have worked a 95 and definitely more hours. But when you're doing it for yourself and you're doing it because you're working towards something that you believe in, it doesn't feel like you're putting that much time in.   Definitely. I wake up early. A lot of days not on purpose is because I'm just excited to get cracking.   (Seth Bradley) (21:55.886) So, yeah. absolutely. Yeah. Well, let's kind of get into your current business. I know you mentioned that you focused on your strengths and your assets. Yeah. And, you know, I think it's important. just say it's important to take an inventory of what your strengths are when you're kind of considering going into something else, because a lot of our listeners are attorneys, they're doctors, folks like that. They kind of feel like maybe they're pigeonholed, right? Like, well, if I'm not an attorney, what the hell else can I do?   Right. And like, I don't know anything about real estate investing or node investing or starting a business or anything like that. But if you really take a step back, you probably have a lot of skills that you've learned and honed in your career that you can use for something else moving forward. And that was that's what you were able to   to do. Definitely. And one thing I'd say is that, you know, one thing that's always comforting for me is nobody knows everything, right? So you can always find somebody who knows more than you in a certain area. You know, there's one quote about every man is my superior in something, right? So basically, it gives me a lot of comfort to know, like, just because an attorney listening to your show knows a   way more than I do about a particular topic and probably many, many other topics. That doesn't mean I'm less of a person or you know, I don't know more than that attorney does in another area. So it's okay, I'm never going to know everything. There are other people who've already figured it out. So you know, that's, that's always comforting to me is to when I say look to your strengths, it's also looking to the people in your network who know, it can help you get to where you want to go. So yeah, I mean,   So many things we take for granted that we do know. you know, example, when I started working at a title company, fresh out of college, because it was my first real job, and it paid, you know, a salary. I realized quickly how little I knew about title insurance settlements, you know, just just basic stuff. Now looking back, pretty basic stuff. But you don't know that unless you work for a title company, or you're heavily involved in this, you don't you're not.   (Jamie Bateman) (24:10.03) trained in that in school typically, right? So, you know, you forget and so your your listener out there, the attorney, the doctor, guarantee they have a lot of life experience, not just from their professional world, but just life experience that they shouldn't take for granted. And the fact that you can go through law school and then be, you know, be an effective attorney, or go through medical school and be an effective doctor, that that means you you can learn things, right? And so   Again, I'll go back to life as seasons. I mean, you've shown that in your own story, Seth, like, you know, it's a, doesn't mean just because I started a certain business doesn't mean that's going to be what I'm going to be doing for the next 20 years, or just because I'm an attorney now, it doesn't mean that's what I have to do for the rest of my life. So we always have options. mean, you might look back and wish you'd done something differently or something, but you only have one chance at this. And so,   you know, just make the most of it and just keep, think, keep learning constantly is critical. I just hired a business coach, we've had one call. But one of his mottos is, you know, one of his sayings is that he's always he's in permanent beta. So he's always changing, always improving, he's always growing. So I'm trying to trying to implement that as well.   (Seth Bradley) (25:40.64) the interruption, but we don't do ads. Instead, know that if you're raising capital for real estate, my law firm, RaiseLaw, is here to give you the expert legal guidance you need to raise capital compliantly and structure and close your deal. And if you're looking for a done-for-you fund-to-fund solution, Tribest is the industry's only all-in-one setup and fund administration solution. Visit Raise.Law and Tribest.com to learn more.   Yeah, I love that permanent beta. I haven't heard that before, but I like that. I like that phrase. like that phrase. So tell me about your current business. Tell me about MortgageNode Investing. Start with the basics. What is it?   Yeah, so and, and I'll try to keep it, there's so much to it. But again, none of it is difficult. It's just a lot of moving parts and you've got to, you know, takes time to learn. We buy debt, so we buy a mortgage note, and that could be performing or non performing. The real high level version is, is a performing note is kind of like a long term buy and hold rental property.   but you're buying the debt and becoming the lender, becoming the bank, if you will. And so you're buying that performing note for cashflow. So I buy a performing note, the borrower now pays me through a loan servicer and I get monthly payments. So that's a great way to go. The problem with that is you can't really add value to that asset very well. You're kind of, it is what it is. And in fact, with mortgage notes, the value actually goes down over time, generally speaking, because   principal balance goes down. So it's just, it's worth less than, you know, then, you know, then it would then it was when you bought it. Then on the other side, the non performing side of things, we buy those as well. And those are more like a fix and flip property. So although we're still buying the debt, we're not buying the property. But there's a chance to add value, there's an opportunity to buy distressed asset and add value to that asset and then sell that that non performing note, either well,   (Jamie Bateman) (27:49.826) I should say sell that asset, whether that's as a re performing note, or as through the the real estate itself, there are a few different ways you can exit a non performing note deal. And but, but back to your kind of one of the themes thus far, one of the reasons I got into specifically that space was that I understood the real estate space. So I understood the single family, residential real estate space. So it wasn't a huge leap for me to go from   owning the property to now owning the debt on that property. Whereas it would have been a lot bigger leap for me to say, I to start buying distressed, you know, multifamily debt, which I know you could probably help me understand better. But at that, you know, it's like, incremental progress and change isn't that scary. So I kind of expanded my, you know, toolbox, if you will.   and got into the mortgage note space. So we have a couple of note funds. One is open currently and they're all for accredited investors. the income fund that's open pays a monthly, aims to pay a monthly preferred return. I know you and a lot of your listeners are attorneys, so I gotta hold the line here. And...   So the fund is structured to pay, to aim to pay a monthly return of 8%. It's not a, there's no growth in that fund. It's literally a cashflow play and diversification play. You're putting your capital in. We buy assets across the country. We've bought notes in probably 25 states at this point. And so the investment is diversified across geographic areas, across borrower types.   And we buy for a certain yield, we take a small management fee, and then we ideally pay the preferred return that we're aiming for to our investors.   (Seth Bradley) (29:56.686) Yeah, nice. 506c, you're able to talk about it. It's a credit investors only. Just want to that out there. yeah, I mean, so just going back to the basics a little bit and we'll get back into the fun. Like, how do you, how do you even find these things? mean, yeah, that's, how do you get started? How do you find these things?   So I mean, that is an ongoing challenge. I'm not going to lie to you. That's one of the things that truthfully a passive investor who doesn't have time to develop the network to go find these assets, they're just not going to have success. They might here and there, but it takes time. It's a word of mouth industry, just like real estate itself is. so we've built out a network of sellers and that could be   quite honestly, I've never had luck buying directly from banks. It's really either a larger Mortgage Note fund that's closing. So it might be a three year fund and then they've got to, they've got to liquidate, they've got to figure out how to sell off what to do with these assets. And so that's a great opportunity to buy is just a fund that's closing or somebody a note investor who's getting out of note investing or they've had a life change or something, you know, where   they just, there's an opportunity to buy from them as well. And so there are other, you know, I guess we buy from hedge funds, note investors, other note funds. There are also note brokers as well out there. There are also some online exchanges like paper stack and a couple of others that you can go and I've bought and sold on paper stack and other exchanges as well.   And you can find assets there. But at the end of the day, have our list of people that we work with regularly. And I would say one thing is that doing due diligence on a note seller is just as important as due diligence on the assets that they're selling. And so it's taken some work and it's a work in progress always. But it is the million dollar question is where do find these assets?   (Seth Bradley) (32:12.598) Yeah. So that's the hard part, right? Finding these assets is the hard part. Have you ever had to foreclose on any of these notes and actually acquire the property? And I guess a follow-up question is, do you ever look at a non-performing note like, hey, I actually want to own that property?   So, great questions. Yeah, great questions. To be clear, we're not trying to kick people, you know, grandma out on onto the street or anything like that. You know, that's not our goal typically. Well, that's never our goal. But we're never trying to kick someone out of their home. But the reality is, some people honestly need a little bit of a kick in the pants. And oftentimes, that's not really the best them staying in the house is not often   the best scenario for them. know that might sound harsh, but at end of the day, if someone can't afford to live somewhere, sometimes these people are living in squalor and they really need a change of environment. To answer your question about do we target the property? Yes, sometimes we do. In fact, we just closed on to, they're called heckum loans or reverse mortgages, where the borrowers are deceased. The property is underwater, meaning, you know,   the loan amount is higher, than the property value. And it should be a quick exit through the property. So HUD will sell off these big pools of reverse mortgages. And we were able to purchase two of them very recently. It's a vacant property, you're not doing an eviction, borrower is deceased, you've got to work through the heirs or foreclosure and exit the property that way.   If your listener wants to go to my website, I've got a really good Jacksonville blog post, I've got a couple of blog posts about this deal. I still hold this rental today. And it was a non performing note that we purchased a few years ago. And I had no intention of exiting through the property or holding, holding the property as a rental property, but running the numbers, it just was too good to, to let go. so long story, but we, we   (Jamie Bateman) (34:22.51) ended up doing a deed in lieu of foreclosure actually in this case and got the property back and now it's a long-term buy and hold property for my own rental portfolio.   Yeah, that makes sense. It makes sense. There's always multiple ways to look at an investment, right? But it does sound, you know, it's not something that I've executed on myself, but it sounds like this is an active business, right? And that's why you've put together an income fund for people that want to get involved passively. as everybody knows, there's active investments, there's passive investments. If you're to do something active.   Maybe your returns are going to be a little bit better, but you're going to give up a lot of time and effort to get those returns. So if you want to go the passive side, if you're still full-time in your career, you're a full-time doctor or lawyer or whatever you are, these passive investments are the way to go without having to know every single detail about a new business.   Yeah, and I don't know if you can see this, but I wear this specifically for your for this   There it is. There it is.   (Jamie Bateman) (35:29.272) Passive income. You're absolutely right. You know, these gurus, some of the some of the note investing gurus out there will try to sell, you know, notes as passive. We have another blog post that talks about just the it's a spectrum, there's active and passive on either end. But at end of the day, if you're going to note investing in my world is very, very active. And we have a non performing note fund that's considerably more active than the performing note fund. So   You're dealing with foreclosures, bankruptcies, deed and loo, tracking delinquent property taxes. Do I have to physically go anywhere? No, but it is not passive. But that's why we offer the passive investment for people who, like you said, have maybe more capital than time or energy, and they want to put that capital to work.   That's right. There are certain gurus out there that, know, whatever it is that they are pitching, they tend to always pitch it as passive, even though it is an active business, that's money. Whether that's a mortgage note or I mean, people will pitch Airbnb short term rentals as passive. They're like, well, you can delegate this and you can, you know, you can automate that and there's software for all these things. But you still got to put all that stuff together.   Mm-mm.   (Seth Bradley) (36:48.396) You've still got to monitor all those things. still got to oversee all these different aspects of a business. And that's what it is. It's a business that you're running and it's not passive. Like, it's not, it's not. And it is on a spectrum. Some things are more passive than others, but when you're investing in, you know, as a passive investor into some sort of a fund or syndication, that's really leaning really far into the passive side.   Absolutely, 100%. And I'm, as you are, Seth, I'm, I assume you are, I know you're an active investor, but I do have passive investments myself in other, other funds, other note funds, and, and my own, my own note funds as well. And so nothing wrong with doing both, but I would say you need to be careful about, you know, you got to make a decision at some point, do you want to scale this thing and make this really a business? Or do you do you are you satisfied with?   potentially a little bit lower return and you are giving up some control but much, you know, much fewer headaches and just a lot less work.   Right. Yeah. And a lot of, you know, lot of the listeners are high income earning professionals. So they've already dedicated, put a lot of time and effort into being able to earn this much money from their W2. And that's probably your best bet, to be honest with you. I've been there. I was in those shoes. You're probably better off putting your head down and like, let's grind for a few years. Let's not spend every single dollar that we make on all the new stuff on a new car every two years or every year.   in a bigger house that you don't need. Like, let's set aside some of that and invest it passively. And then maybe one of those will stick. Maybe one of those passive investments will be a mortgage no fund where you're like, man, I kind of like this business. I like the sound of it. I've learned about it. And then you start maybe progressing on the active side and maybe that takes over. And you want to get into that as a business, as an entrepreneur. But a great way to kind of dip your toe in the water is to become a passive investor. That's the way that I did it in the,   (Seth Bradley) (38:53.186) multifamily syndications. invested passively in a number of deals first and kind of learned about it, learned the ropes and I'm like, I can do this. And then that's when I made the transition.   Yeah, definitely. It really comes down to what your goals are and what your situation is, for sure. I'll say I was too passive initially when I went into notes, because personally, just don't... You were probably a little better student, Seth. Not that I was a bad student, I invest... Unless I'm actively investing, I'm just not going to learn a lot. So the reality is, yeah, it's fine to learn about the asset class. You definitely should learn about the operator for sure.   you're putting capital with them, but you're not going to once you're getting your checks and your disbursements, you're not going to probably learn a whole lot about how to do that on the active side. And so that's what we're here for.   Yeah, yeah, it's more of like a spark of an interest, right? Like maybe you already have that spark and then you invest passively. Then you're like, OK, well, now I'm invested. Like, let me learn about this. And you have to have to actively go out there and educate yourself and network and talk to people that are in the business.   Definitely, 100%.   (Seth Bradley) (40:01.71) Alright man, before we jump into the Freedom Four, you have one last golden nugget for our listeners.   Oh, I would say within when it comes to investing, you know, take the long term view. Don't chase immediate returns. You know, I do think just, yeah, it's certainly we all want to make a million dollars tomorrow. But I think it's it's a play the long game when it comes to investing. I think that's critical.   Love that man. All right, let's jump into the freedom form. What's the best thing you do to keep your mind and body healthy?   Yeah, I mean, one thing that I instituted this year, actually, is breathwork. And it's, you know, it's so it takes 10 minutes. And per day for me, at least. And it's been phenomenal. And it's something that quite honestly, as a, as a, you know, athlete back in the day, or even in the military, I would have scoffed at something like this, to be honest with you, because it's just, you know, it's not manly or whatever. And it's like, it is phenomenal. So breathwork,   I mean, I do other things for sure. But that's certainly this year, it's been a game changer for me. I just feel like it resets my central nervous system. It just gets me focused. And I know there are other physiological benefits that you can ask Dr. Andrew Huberman or somebody else about.   (Seth Bradley) (41:26.153) Cool. I'll have to look into that. actually have it. mean, obviously everybody talks about it's a hot topic. Yeah. I haven't gotten into it. I haven't gotten into that plus like the cold plunges and that sort of thing. Yeah. But I really want to want to   So I don't know how much you can cut this out if we don't have time, but I had a, I'm just going to be, be open about this. I just had a, you know, in late December, I got a viral infection, like a neurovirus. And then I had, I had a, what I think was a pretty severe panic attack and it was super scary. And so that's why I started doing this. And somebody on my team actually sent me a, I guess we'll call it an implement or a tool that   I use for the breath work. It's blue. There's a Bluetooth connection to your phone and it's pretty cool. So it's structured and back to that discipline, right? But yeah, so it's, there was a reason I started doing it and it's, it's so accessible in five to 10 minutes a day. You can start doing it. So I recommend. Cool.   Thanks for sharing that man. With all your success, what is one limiting belief that you've crushed along the way and how did you get past it?   I think just, you know, being afraid to, you know, that you have to be perfect, right? So I used to be an editor back in the day. And so many things would just not get done or not get completed within our team, our organization, because it had to be perfect. And it's like, I think as I've progressed into more of the entrepreneurial lifestyle and   (Jamie Bateman) (43:02.35) is just it's not a it's not an option anymore. So yeah, I think just taking action has kind of overcome that limiting belief of chasing perfection.   Yeah, I can agree with you there. Done not perfect. Yes. My background as an attorney, mean, we're paid to be perfect. We can't make mistakes, especially in contracts and the way that we write things. But when you make that transition over to being an entrepreneur, there's too much to do to be perfect. You just got to get it done. Good enough.   Absolutely. Good enough. You have to be willing to accept that for sure.   What's one actionable step our listeners can do right now to start creating more freedom?   I'll use the military here, which is where I learned kind of reverse backwards planning, reverse planning. literally just, and I'm not going to tell you I'm perfect at this, but, you know, think about what, create a vivid vision for your life in the next three to five years, pick it, pick three years out from today. And what do you want your life to look like? And then backwards plan. And now I'm not saying you need to plan every minute of every day, but   (Jamie Bateman) (44:20.876) you can be that will that will increase the urgency, sense of urgency in your life and the intentionality of every every hour and every day because you realize this is doable, but I got to take ownership of my current situation if I want this to be the reality in three years. So I would say, create a vivid vision and and kind of reverse or backwards plan to get there.   Perfect, perfect. Last but not least, House Passive Income made your life better.   Yeah, I mean, I think in multiple ways, but a big one that stands out is giving me, I guess we'll call it margin to take some more risks on the entrepreneurial side. And because I do have alternative sources of income, passive income, it's allowed me that kind of mental and financial bandwidth or margin to maybe invest in a company that even if it   doesn't go perfectly, or doesn't go well, it's not profitable, that's okay. I still have that cushion for me and my family. that's, yeah, it's a huge, it's been a huge factor in that regard.   Yeah, absolutely. Game changer, man. It just changes your mindset, changes your life in so many ways. Jamie, this has been incredible, dude. You've got so much great content to share in your brain, man. You got to get out there. know you've got an awesome podcast that I was on, Adversity to Abundance. Everybody should check that out. Other than that, Jamie, where else can people find out more about you? Yeah.   (Jamie Bateman) (45:54.924) Just two things I'll mention very quickly. Literally got my book delivered today, like an hour before I hopped on here. It's from adversity to abundance. It is based on the podcast. So I encourage your listener to check that out from adversity to abundance is the book that's out. then labradorlending.com, L A B R A D O R.com is where you can check us out.   All right, man. Awesome. I'll drop all that in the show notes. Thanks again for coming on, brother.   Thanks for having me, Seth. This has been great.   (Seth Bradley) (46:26.978) Thanks for tuning in to Raise the Bar Radio. If you enjoyed today's episode, make sure to subscribe, leave a review, and share it with someone who needs to hear it. Keep pushing, keep building, and keep raising the bar. Until next time, enjoy the journey. Links from the Show and Guest Info and Links: Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en Jamie Bateman's Links: https://x.com/batemanjames https://www.facebook.com/batemanjames https://www.threads.com/@batemanjames11?xmt=AQF0nwaIL6JD_GK94lbTvHphHOmWwlUyt3TkeHLav-vXU_E https://www.instagram.com/batemanjames11/ https://www.linkedin.com/in/jamie-bateman-5359a811/ https://labradorlending.com/about/ https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867 https://open.spotify.com/show/7JjGWsKVzzEI8UwXP9GONZ https://www.youtube.com/@FromAdversity2AbundancePodcast

The Passive Income Attorney Podcast
RTBL 03 | Why the W-2 Grind Will Never Make You Wealthy with Jamie Bateman

The Passive Income Attorney Podcast

Play Episode Listen Later Jul 24, 2025 51:40


Title: Why the W-2 Grind Will Never Make You Wealthy with Jamie Bateman Summary In this engaging podcast episode, Jamie shares his journey from being a competitive athlete and military officer to becoming a successful entrepreneur in the field of real estate and mortgage note investing. He emphasizes the importance of discipline, teamwork, and taking ownership of one's financial situation in achieving success. Jamie discusses his transition from a W2 job to entrepreneurship, highlighting how he leveraged his experiences and strengths to build multiple streams of income. He shares insights about his current business model centered around mortgage note investing, explaining the differences between performing and non-performing notes, and elucidates the challenges and opportunities present in this field. The discussion also emphasizes the importance of long-term planning and learning continuously, making the case that discipline ultimately leads to freedom and flexibility in life. Links to Listen and Subscribe: https://podcasts.apple.com/us/podcast/from-military-officer-to-mortgage-note-master-one-mans/id1618672867?i=1000643495099 Links to Watch and Subscribe: https://www.youtube.com/watch?v=t6nU0TtMAFc Bullet Point Highlights: Athlete to Entrepreneur: Jamie shares how his background in competitive sports instilled a sense of discipline and teamwork. Financial Ownership: Jamie discusses the importance of taking ownership of your financial situation and actively seeking improvement. W2 Quitter: The transition from a stable government job to entrepreneurship reflects Jamie's journey of self-discovery and ambition. Mortgage Note Investing: Jamie provides insights into both performing and non-performing notes, illustrating how to generate passive income through debt investing. Value of Networking: He emphasizes the necessity of building a strong network for finding investment opportunities in mortgage notes. Continuous Learning: Jamie advocates for lifelong learning, suggesting that successful people always seek new knowledge and skills. Long-Term Vision: He stresses the importance of setting long-term goals and reverse planning to maintain focus on achieving one's aspirations. Transcript: Jamie what's going on brother welcome to the show thanks Seth this is this is awesome um I'm excited to be here and I'm hoping to add some value absolutely man third time's a charm we've been trying to get this scheduled after I was on your show which was fantastic had a really good time uh on that show and I think it turned out pretty good so I know we're gonna absolutely we're gonna deliver on this one as well yeah we're GNA try to try to I'll try to do as good a job as you did so yeah that was that   was uh yeah no I that was a very very good episode from adversity to abundance I would highly recommend your your listeners check that one out to your episode on that show so thanks for thanks for doing that absolutely man you're an incredible interviewer I've I've that's the only uh I've been on dozens of podcasts and you know you pulled out a lot of things for me that I've I've never talked about on the air so it's pretty pretty awesome pretty awesome show man appreciate that cool man well let's just jump right into your   background man what's your story um take it back as far as you'd like to brother yeah um man uh I'd like to think that life has phases so I've had a few different phases in in my life um you I come from a a large uh family I'm I'm the oldest of seven kids and we always had a competitive uh background as far as team sports and things like that so um I played lacrosse in college that was always a foundational piece of of uh my life and just kind of I think from there learned how to be a part of something   bigger than myself and how to work toward a common goal with a with a team so that's been something that's been a a kind of a thread through my life and then um got married and uh joined the military and um actually joined the military technically before I got married but seemed like I got married and then ran off and and uh ran away from my wife but it's not exactly what happened but uh joined the military was an officer in the in the US Army did I did miss my first three wedding anniversaries through deployment and   things like that um and again it was a matter of trying to be plugged into something you know to serve and be a part of something bigger than myself and trying to trying to add value like I think we all we all want to do um I've obviously glossed over a lot of lot of details but those were uh a couple of inflection points I guess if you will um like you like to talk about I know um and so my military career transitioned into uh a a career with the Department of Defense as a civilian and um did 14   years as a civilian with DOD at Fort me and the first half so the first seven for all you math whizzes out there uh was full-time and then the second half the second seven years was part-time and that seven years is when I was really building my businesses which are largely um real estate investing and mortgage node investing Focus so we can get into the details there and then in 2022 I ended up quitting my job and and um now I have a few different small businesses that I run and like you Seth I've got a got a   lot of different things that I'm juggling and uh you know so but yeah I love talking about taking ownership of of your financial situation and taking ownership of your your life really and um I know that you and I have that comment so yeah that's a that's a high level overview of my background awesome man I appreciate that that there's a lot to unpack there you know going back to you know playing sports all the way up to the Collegiate level that's incredible I always like to to think even playing like poporn or football   back in the day you need a way to instill discipline in yourself and I I that's kind of the the oldest memory I can think of where it was hard right like it was like you've got a coach screaming at you like back in the day it's like you know they wouldn't give you water unless you like you know for like an hour which I don't think they do that anymore now but you know you had to earn that drink of water and and all those sorts of things but you you really learned what it's like to to work hard and you really learned what discipline   was all about and I would say that and you can you can expand on this but yeah I would say that you know being in the military yourself that takes it to a whole new level right it's like you you you got that from Sports you got that from the military yeah definitely I mean obviously they're very different in a lot of ways but that is certainly a common theme is is being disciplined and um and people people shy away from that word um because it just sounds like work or or no fun and no flexibility but I found that having   discipline in your life ends up adding more freedom in a sense um because you kind of have your foundational pieces set in stone you don't have to think about those and so um yeah regarding team sports it's it's really a matter of um you know everyone doing their part right and so there's a level of individual discipline and um and then just and then also just kind of putting the putting the group ahead of yourself um obviously the you know you want individual there's nothing wrong with individual accolades and I I was   certainly uh chasing you know those individual accolades it's not something I shied away from I was you know I definitely was wrapped up in trying to be an All-American and um that kind of thing and and did get that a couple of times you know but it at the end of the day nobody really cares about that and um the way I viewed it was if I was doing my part and I got those you know if I was scoring goals in Lacrosse as an example that means I'm contributing to you know to the team right and so there's obviously a fine   line there but of going too far either way um but yeah that discipline is critical you know even C I played at a high level in college and and there was year round you're training you're you're uh you're into it it was a division three school but it but the reality was we worked just as hard as any any D1 program and um yeah it's it's a these are skills that have paid off and are absolutely transferable to the rest of of life for sure yeah I think you've got to get those those intangible things you've got to develop   them somewhere along the way whatever whatever that is if that's Sports the military or you know from your parents I mean you can get it from different places but you definitely need it I mean you know we're in different stages of our life at this point we're talking about a lot we like talk about freedom and flexibility and fun um to try to get away from kind of the W2 uh mindset but in order to achieve Freedom flexibility and fun in a successful way you had you have to be disciplined to be able to get   there you you had to have done something successfully to be able to get there or maybe what separates you from you know the guy living in a van down by the river right like that guy that guy has Freedom flexibility um I don't know about fun maybe fun but yeah but you know it's it's a different obviously it's a it's a different outcome yeah and I I I still I think I still need you know I still use a lot of discipline today it's still still required but it's I guess I guess it's self-imposed and um you know I just love   love having that flexibility and that freedom um that comes along with being an entrepreneur so yeah it's been a central piece to my success for sure um but I I I still I don't think it ever you know goes away I just get to pick and choose what you know what discipline I want to kind of enforce on myself I guess um so yeah absolutely and and and as you said I the military was a huge part of that for me as well I mean that's a different kind of different kind of discipline and different kind of teamwork and different you know if you   lose a lacrosse game okay you lost the lacrosse game but military the stakes are a little higher um so maybe certain things are more important attention to detail are crit is critical and um but at the end of the day it's yeah it's that the same principles apply across both I I guess sectors if you will for sure for sure so let's dive into that that transition you started working kind of part-time there for seven years so that seems like a transitional period how are you able to progress from you   know that W2 and what what I've heard you say is call yourself a W2 quitter and I love that um you know how were you able to progress from a W2 person to a W2 quitter what enabled you to do that and what that transition looked like I mean you know I do remember in 2015 probably a little bit maybe maybe say 2014 but I just you get you know I had a wife and two kids and I had the commute the long commute that I I know a lot of people can identify with so um it it just was Groundhog Day it was the same   thing over and over and over and that's not me sitting here complaining about my family or having a having the opportunity to work um but after a while it gets old let's just be real right so it's like you're sitting in traffic and I just you start looking at you know I was I worked for the government and you look around you say who okay who's sort of ahead of me on this like you like I I think you probably mentioned on our on your your show on my my show your episode um you look around to the people   who are more kind of Al further along the path than you you say do you want to be that person is that the life you want and man I did not want that and um it just just having that just super long-term just you know the pot at the end of the rainbow I guess uh nothing driving me in the in the interum man it was it was just it was brutal so I probably did a little woes me for a little bit there a little victim mentality for a bit but then you start to realize like okay if you don't take ownership of your own life no one's   going to right so no one's going to come in and do this for you so I'm not sure what truly you know created the change in my mindset but my mindset absolutely started to change and I just made a shift and I and I stopped watching cable news I stopped uh just you know stopped paying attention to all the things that I can't control and I couldn't control back then and and started saying no what do I have what are my strengths who is in my who's back to the team thing who's on my team who's you know who's in my   network that I can add value to and who can add value to me so I started looking around and um you know my father was a realtor for many years my brother was a loan officer I we had uh one rental property at the time and so and IID worked at a I didn't mention I worked at a title company and I worked for a mortgage broker before as well briefly so I had this experience that a lot of people don't have and that's you know that that doesn't mean I'm better than anyone it just means these are my strengths so let's point to that and   let's use that so I started really being intentional about focusing on my strengths and my assets that I had in my life right and then another asset that I used to see as a liability was the time in the car so I started listening to podcasts oh you know and and then it turned into wait I don't even want to go into work yet because this this podcast episode is amazing and I'm learning so much you know Bigger Pockets and all the other real estate podcasts and different investing podcasts and um started using   that mental bandwidth instead of focusing on National media stories that I have zero influence over uh here's something that I can actually take action on and so um in mid 2015 uh I I I went part-time and and just so happens that at uh DOD it's one of the few agencies in the in the federal government where you can go part-time and still keep your benefits so I still had health insurance for my family you know most people don't have that option necessarily but oh oh well I did so that's what I did and and um you   know that's uh again decided decided to start building my my other streams of income outside of my W2 um had my circumstances been different if I was single I probably would have just quit the whole thing right but I was able to have that kind of laded approach I guess or tiered approach to kind of ripping off the Band-Aid yeah yeah no that that that's awesome I love just the idea of of taking ownership of your your life right like everybody has those moments where they're feeling sorry fors um but but the successful people they   don't sit there and stay in that that mindset they they move on they you're going to be there sometimes but you've got to get out of and you got to say okay what what can I control what can I change and you don't say you don't give other people the power to control you and your mindset and how you feel about your life right like that's that's that's the thing like if if you if you're constantly blaming someone else or saying this happened to me rather what can I do to get myself out of it then you're going to be stuck there   forever you're you're going to be you're going to be spinning your wheels forever um and a lot of that I think helps because you said you don't listen you don't watch the news I don't either it's a waste of time what control what does that do for us it's if I do watch it I literally do it for entertainment and you look at it as an entertain I look at it like I'm watching sports almost absolutely I I look at it like this is funny like I can you know what I mean you kind of analyze like this is funny   this guyy saying this in a debate this guy's saying that it's not taking it as fact and news and this is how I should live my life because of what they're saying absolutely and it's not to say that none of these topics are you know important right I mean right Glo Global you know war or I mean politics poverty global warming whatever that's all very important but I have zero control over it almost zero right and then um you know the other thing is fear sells and that's that's what they're selling and so doesn't mean that every   story is invented and it's all fake fake news but it it just doesn't serve me and so I'd rather focus on you know go ground up and kind of uh you just I see it in people maybe older people in my own life now who maybe are retired and and they watch the news all day and it's like they won't travel because they saw a news story that the airports are packed or something and you know it's I'm sure that story was was accurate right but it but the but the news can filter out and and you end up only focusing on the negative really and   it just didn't serve me so yeah um during that La the second seven years I was able to build out my wife and I were doing single family real estate investing and doing a lot of the Burr method that maybe some of your your audience is familiar with uh um and so kind of putting that Capital back into the the rental property um machine and expanding our portfolio um and then eventually last year Well in in 2018 I made the pivot I kept the rental properties but made a pivot to also add on mortgage not   investing and that's been my primary focus as of late um and uh if you want I can tell the story quickly about how I actually quit my job in 2022 I I think it's kind of kind of a funny one absolutely let's do it all right so um I uh so two years ago uh I was playing bad mitton and um I'd been doing now mind you I used to be like tough you know athlete and like I did you know did Jiu-Jitsu for three years right up before this and you know used to lift Waits a lot and still do it here and there but you know I think I'm tough   right and uh ruptured my achilles playing bad mitton so that's an ego blow uh to add on to the physical pain that you know especially with the recovery so I ruptured my achilles a little over two years ago today and um I was out of work it was my right right foot and the reason I bring this up is not for sympathy but um to say you know I couldn't drive for three months so I actually yeah and I had tons of leave from from work and by this time I was tired really tired of my I was pretty much checked out like I think you you   might have been at your uh your big law uh job but um that's right I was I was checked out I mean I I wasn't the best employee at this point and so I took as much leave as I as I could you know reasonably right and so but couldn't drive and so I was out for three months and I come back so come back into work and I'd had discussions with my wife about about leaving it was just a matter of of when not if um I can tell you truthfully had no idea that I was going to quit this day but I came back in from   having been out for three months mind you no one gave me a call no one from work no one from my management gave me a call the entire three months I was out other than to say to ask me are you vaccinated because you have to be vaccinated to be to get inside the building now I don't want this to turn into some controversial vaccine discussion or get your your podcast banned from something but um yes I'd been vaccinated to to answer the question but no one asked me how's your how's your recovery going like how what   do you you know how's your life you know what's it's just are you vaccinated you need to get that shot before you come in okay great thanks I really feel welcome here so I'm already just you know you know what screw this place right um come back in and just go to my desk and this is this is an office space kind of thing where I go to my desk and there's some there's an a force kid at my desk and long story short they' kind of move me somewhere else without telling me I can't find my desk I finally find it   it's got a box with my name on it with you know monitors sideways and all and clearly not a functioning uh desk and um you know office space so I literally quit that day and I just say that it's just like I knew 100% I was done I my wife didn't know I was I quit but I I quit that day still worked for another month or two but I I was there was no question zero question in my mind I'm done with this place so uh that was March of 2022 and ever since then I've just focused on building out my businesses and having   looked back that's awesome sometimes you just know right like sometimes it's time you just knew I I love that story man for me it was a little bit you already know the story but you know for me it was a little bit more of someone else's decision I got fired I mean and men that you know you you weren't the best employee at that point correct you know I knew the same thing and it's great to have awareness and perspective and kind of looking back now you're like I would have done the same thing like this guy   doesn't want to be here his output isn't what it should be like nope he's got he's got to go I mean he's not he's not the best employee and and as a you know as a business owner now I can you know I have really good perspective of that and and seeing that and they did they were doing me a favor by being like hey like your heart's not in it is it and I'm like no it's not it's not yeah yeah the reality is for me it's really hard to work you know when once you go part-time I mean I knew I was casting a vote   against my career progression there so as soon as I went part-time in 2015 I wasn't saying I'm in this for the Long Haul guys this is this is my focus you know it's the writing's somewhat on the wall looking back it's almost surprising I lasted as long as I did um but so yeah uh haven't looked back and just love love the entrepreneurial you know day-to-day and freedom that you alluded to and and just the multiple streams of income and certainly has its challenges I I probably work harder now than ever   than I ever have um but it's by choice right so I love it exactly same here man I mean it's you know my my days are long I mean I I get up way before I used to get up when I when I had a 95 I worked past when I would have worked a 9 to-5 and it definitely more hours but when you're doing it for yourself and you're doing it because you're working towards something that you believe in yeah it doesn't feel like it's you're putting that much time in definitely I I wake up early a lot of days it's not not on   purpose it's because I'm just excited to get Kracken so yeah yeah absolutely yeah well let's let's kind of get into your current business I know you you had mentioned that you focused on your strengths and your assets um and you know I think it's important I'll just I'll just say it's important to take an inventory of what your strengths are when you're kind of considering going into something else um because a lot of our listeners are attorneys they're doctors folks like that they kind of feel like maybe they're they're pigeon   hold right like well if I'm not an attorney what the hell else can I do right like I don't know anything about real estate investing or node investing or starting a business or anything like that but if you really take a step back you you probably have a lot of skills that you've learned and honed in your career that you can use for something else moving forward and that was that's what you were able to do definitely and one thing I'd say is that um you know one thing that's always comforting for   me is nobody knows everything right so you can always find somebody who knows more than you in a certain area um you know there's one quote about every man is my Superior in in in something right so um basically it gets me a lot of comfort to know like just because an attorney listening to your show knows way more than I do about a particular topic and probably many many other topics that doesn't mean I'm less of a person or you know I don't know more than that attorney does in another area so it's   okay I'm never going to know everything there are other people who've already figured it out so um you know that's that's always comforting to me is and when I say look to your strength it's also looking to the people in your network who know and can help you get to where you want to go um so yeah I mean so many things we take for granted that we do know and um you know example when I started working at a title company fresh out of college because it was my first real job and it paid you know a a   salary um I realized quickly how little I knew about title insurance settlements you know just just basic stuff now looking back pretty basic stuff but you don't know that unless you work for a title company or you're heavily involved in this you don't you're not trained in that in school typically right so you know you forget and so your your listener out there the the attorney the doctor I guarantee they have a lot of life experience not just from their professional world but just life experience that that they shouldn't take   for granted and the fact that you can go through law school and then be you know Be an Effective attorney or go through medical school and Be an Effective doctor that that means you you can learn things right and so again I go back to life has Seasons I mean you've shown that in your own story Seth like you know um it's uh it doesn't mean just because I started a certain business doesn't mean that's going to be what I'm going to be doing for the next 20 years or just because I'm an attorney now   doesn't mean that's what I have to do for the rest of my life so we always have options I mean you might look back and wish you'd done something differently or something but you only have one chance at this and so you know you just make the most of it and and just keep I think keep learning constantly um is critical I I just hired a business coach we've had one call um but one of his motos is um you know one of his sayings is that he's always he's in permanent beta so he's always changing always improving he's always   growing so I'm trying to trying to implement that as well yeah I love that permanent beta I haven't heard that before but I like that I like that phrase like that phrase um so tell me about your current business tell me about mortgage node investing start with the basics um sure what is it yeah so and and I'll try to keep it uh there's so much to it but again none of it is difficult it's just a lot of moving parts and you've got to you know it takes time to learn um we buy debt so we buy a mortgage note   and that could be performing or non-performing the the real highlevel version is is um a performing note is kind of like a a long-term Buy and Hold rental property but you're buying the debt and becoming the lender becoming the bank if you will um and so you're buying that performing note for cash flow so I buy a performing note the barer now pays me through a loan servicer and I get monthly payments so that's a great way to go the the problem with that is you can't really add value to that asset very well you're kind of   it is what it is and in fact with mortgage notes the value actually goes down over time generally speaking because the principal balance goes down so it's just it's worth less than you know than uh you know than it would than it was when you bought it then on the other side the non-performing side of things we buy those uh as well and those are more like a Fix and Flip property so um although we're still buying the debt we're not buying the property but there's a chance to add value There's an opportunity to buy distressed asset and   add value to that asset and then sell that that non-performing note either well I should say sell that asset whether that's as a rep performing note or as uh through the the real estate itself there there are a few different ways you can exit a non-performing uh note deal and but but back to your kind of one of the the themes um thus far one of the reasons I got into specifically that space was that I understood the real estate space so I understood the single family residential real estate space so it wasn't a huge   leap for me to go from owning the property to now owning the debt on that property whereas it would have been a lot bigger leap for me to say oh I want to start buying distressed you know multif family debt um which I know you could probably help me understand better but that you know it's like incremental progress and and and change isn't that scary so I kind of expanded my um you know toolbox if you will and got into the mortgage note space so we have a couple of note funds one is open um currently and they're they're they're   all for accredited investors um and uh the the income fund that's open pays a monthly uh aims to pay a a monthly uh per referred return I know you and a lot of your listeners are attorneys so I got to hold the line here and uh so the fund is structured to pay uh to aim to pay a a monthly return uh of 8% it's not a there's no growth in that fund it's literally a cash flow play and um diversification play you're putting your your capital in we buy assets across the country we we've bought notes in in probably 25 States at this point   um and so the investment is Diversified across Geographic areas across borrower types and um you know we buy for a certain yield we take a small management fee and then we um ideally uh pay a pay the preferred return that we're aiming for to our to our investors yeah nice 506c you're able to talk about it it's uh ACC credit investors only just want to throw that out there um so yeah I mean so just going back to the basics a little bit and we'll get back into the fund like how do you how do you even   find these things I mean how do you get started how do you find these things so I mean that is an ongoing challenge I'm not going to lie to you that's one of the the things that truthfully a a passive investor who doesn't have time to to develop the network to go find these assets they're just not going to have success um you know they might here and there but it takes time it's a it's a word of mouth industry just like real estate itself is and um so we've built out a network of of Sellers and you know that could   be quite honestly I I've never had luck buying directly from Banks it's really either a larger uh mortgage note fund that's closing so it might be a three-year fund and then they've got to they've got to liquidate they've got to figure out how to sell off what to do with these assets um and so that's a great opportunity to buy is just a fund that's closing or somebody a note investor who's getting out of note investing or they've had a life change or something um you know where they just uh there's an opportunity to buy from   them as well um and so there there are other you know I guess we buy from hedge funds note investors other note funds um those are there are also note Brokers as well out there um there are also some online exchanges like paper stack and a couple of others that you can go and I've bought and sold on on paper stack and other exchanges as well um and you know you can you can find assets there um but at the end of the day we have our list that we list of people that we work with regularly and I would say one thing   is that doing due diligence on a note seller is just as important as uh due diligence on the assets that they're selling and so it's it's taken some work and it's it's a work in progress always um but it is the million-dollar question is where do you where do you find these assets yeah so that's that's the hard part right that finding these assets is the hard part um have you ever had to foreclose on on any of these notes and actually acquire the property and I guess a followup question is do you ever   look at a non-performing note like hey I actually want to own that property great questions yeah great questions um to be clear we're not trying to kick people you know Grandma out on onto the street or anything like that um you know that's not our our goal typically well that's never our goal but we're never trying to kick someone out of their home um but the reality is some people honestly need a little bit of a kick in the pants and often times that's not really the best them staying in the house is not often   The best scenario for them I know that might sound sound harsh but at the end of the day if someone can't afford to live somewhere sometimes these people are living in squal and they really need a change of of environment um to answer your question about do we target the property yes sometimes we do in fact we just closed on two they're called uh heckum loans or reverse mortgages where the borrowers are deceased the property is underwater meaning you know the the loan amount is high greater than the   property value and it should be a quick exit through the property so HUD will sell off these uh big pool of of reverse mortgages and we were able to purchase two of them very recently it's a vacant property you're not doing an eviction borrower is deceased you've got to work through the airs or or foreclosure um and get and exit the property that way um if your listener wants to go to my website I've got a really good um it's a Jacksonville blog post I've got a couple of blog posts about this deal I still hold this rental   today and it was a non-performing note that we purchased a few years ago and um I had no intention of exiting through the property or holding holding the the property as a rental property but uh running the numbers it just was too good to to let go and so long story but we we uh you know ended up doing a deed in Lee of foreclosure actually in this case and got the property back and now it's a long-term Buy and Hold property for my own rental uh portfolio yeah that makes sense that makes sense there's there's always   multiple ways to look at an investment right um but it does sound you know is not something that that I've executed on myself but it sounds like this is an active business right and that's why you've put together an income fund for people that want to get involved passively um because as as everybody knows there's active Investments there's passive Investments if you're going to do something active maybe your returns are going to be a little bit better but you're going to give up a lot of time and effort to to get those returns   um so if you want to go to the passive side if you if you're still full-time in your career you're you're a full-time doctor or lawyer or or whatever you are you know these passive Investments are the way to go without having to know every single detail about a new business yeah and I don't know if you can see this but I I wore this specifically for your for this show there it is there it is passive income um you're absolutely right you know these gurus some of the some of the node investing gurus out   there will try to sell you know notes as passive um we have another blog post that talks about uh just the it's a spectrum there's active and passive on either end but at the end of the day if you're gonna node investing in my world is very very active and we have a non-performing note fund that's considerably more active than the Performing note fund so um you're dealing with foreclosures bankruptcies deed and L tracking delinquent property taxes do I have to physically go anywhere no but it is not passive um but   that's why we offer the passive investment to for you know people who like you said have maybe more Capital than time or energy and they want to put that Capital to work that's right there there are certain gurus out there that you know whatever it is that they are pitching it's they they tend to always pitch it as as passive even though it is an active business whether that's ma money yeah whether that's a mortgage note or I mean people pitch Airbnb short-term rentals as passive they're like well you can delegate this and you   can you know you can automate that and there's software for all these things but you still got to put all that stuff together you've still got to monitor all those things you you've still got to you still got to oversee all these different aspects of a business and that's what it is it's a business that you're running and it's not passive like it's not it's not and and it is on a spectrum some things are more passive than others but when you're inves in you know as a passive investor into some sort of a   fund or a syndication that's really leaning really far into the the passive side absolutely 100% and I and I'm as you are Seth I'm I'm I'm I I assume you are I know you're an active investor but I I do have passive Investments myself in other other funds other note funds and and my own my own note funds as well and so nothing wrong with doing both but I would say you need to be careful about you know you got to make a decision at some point do you want to scale this thing and and make this really a   business or do you do you are you satisfied with potentially a little bit lower return and you are giving up some control but much you know much fewer headaches and just a lot less work right right yeah and a lot of you know a lot of the listeners are high income earning professionals so they've already dedic put a lot of time and effort into being able ble to earn this much money from their W2 and absolutely that's probably your best bet to be honest with you I've been there I was in those shoes you're   probably better off putting your head down like let's grind for a few years let's let's not spend every single dollar that we make on all the new stuff on a on a new car every two years or every year in a bigger house that you don't need like let's set aside some of that and invest it passively and then maybe one of those will stick maybe one of those passive investments will be a mortgage note fund where you're like man I kind like this business like I like the sound of it I've learned about it   and then you start maybe progressing on the active side and maybe that takes over and and you want to get into that as a as a business as an entrepreneur but um a great way to kind of dip your toe in the water is to become a passive investor um that's the way that I did it into you know multif family syndications I invested passively in a number of deals first and kind of learned about it learned the ropes and I'm like I can do this and then that's when I made the transition yeah definitely it's it   really comes down to what you what your goals are and what your situation is for sure I I'll say I was too passive initially when I went into notes um because personally I just don't you're you're you were probably a little better student Seth not that I was a bad student but you know I I invest unless I'm actively in investing you know I'm just not going to learn a lot so the reality is yeah it's fine to learn about the asset class you definitely should learn about the operator for sure if you're putting Capital with them but   you're not going to once you're getting your checks and your dispersements you're not going to probably learn a whole lot about how to do that on the active side and so that's what we're here for yeah yeah it's more of like a spark of an interest right like may you already have that spark and then you invest passively then you're like okay well now I'm invested like let me learn about this you have to you have to actively go out there and educate yourself and network and talk to people that are in the business definitely 100   per. all right man before we jump into the Freedom Four you have one last gold nugget for our listeners oh man um I would say within when it comes to investing um you know take the long-term view um don't chase immediate returns um you know I do think just yeah it's certainly we all want to make a million dollars tomorrow but I think it's it's play the long game when it comes to investing I think that's critical love that man all right let's jump into the Freedom Four what's the best thing you do to keep your mind body   healthy yeah I mean one thing that I instituted this year actually um is breath work and it's um you know it's so it takes 10 minutes um and per day for me at least and it's been phenomenal and it's something that quite honestly as a as a you know athlete back in the day or even in the military I would have scoffed at something like this to be honest with you because it's just you know it's not manly or whatever it's like it is phenomenal so uh breath work I mean I do other things for sure but that's certainly this year it's been a   game Cher for me I just feel like it resets my central nervous system and it just gets me focused and uh I know there are other physiological benefits that you can ask uh Dr Andrew huberman or somebody else about cool I have to look into that actually have I mean obviously everybody talks about it's a Hot Topic I haven't gotten into it I haven't gotten into that plus like the cold plunges and that sort of thing um but I really want to explore that a little bit I don't know how much you can cut this out if we   don't have time but I had a I'm just going to be be open about this I just had a you know in late December I got a viral infection like a neuro virus and then I had I had a what I think was a pretty severe panic attack and it was super scary and so that's why I started uh doing this and somebody on my team actually sent me a a I guess we'll call it an implement or a tool that uh I use for the breath work it's BL there's a Bluetooth connection to your phone and it's pretty cool so it's structured and   back to that discipline right but um yeah so it's there was a reason I started doing it and um it's it's so accessible five to 10 minutes a day you can start doing it so yeah very cool highly recommend cool thanks for sharing that man um with all your success what is one limiting belief that you've crushed along the way and how did you get past it um I think just uh you know being afraid to you know that you have to be perfect right so um I used to be an editor back in the day and so many things would just not get done   or not get completed within our team our organization um because it had to be perfect and and it's like I think as I've progressed into more of the entrepreneurial lifestyle and and uh it's just it's not a it's not an option anymore um so um yeah I think just taking action has kind of overcome that limiting belief of of of chasing Perfection yeah yeah I can I can I can agree with you there done not perfect um as you know my background as an attorney I mean we're we're paid to be perfect like we can't make mistakes especially   in contracts and the way that we write things but when you kind of make that transition over to being an entrepreneur there's too much there's too much to to be to be perfect you got you just got to get it done good enough absolutely good enough has to you have to be open um willing to accept that for sure y what's one actionable step our listeners can do right now to start creating more freedom so I'll use the military here you can um which is where I learned U kind of reverse backwards planning reverse   planning so literally just and I'm not going to tell you I'm perfect at this um but you know think about what create a vivid vision for your life in in the next three to five years pick a pick three years out from today and what do you want your life to look like and then backwards plan and now I'm not saying you need to plan every minute of every day but you can be that will that will increase the urgency uh sense of urgency in your life and the intentionality of every every hour and every day because you realize this is   doable but I got to take ownership of of my current situation if I want this to be the reality in three years so I would say create a vivid vision and and kind of reverse or backwards plan to get there perfect perfect last but not least how has passive income made your life better yeah I mean I think in multiple ways but a big one that stands out is is giving me I guess we'll call it margin um to take some more risks on the entrepreneurial side and because I do have alternative sources of income   passive income um it's allowed me that kind of mental and financial bandwidth or margin to maybe invest in a company that even if it doesn't per go perfectly it doesn't go well it's not profitable that's okay I still have that cushion um for for me and my family so that's yeah it's a huge it's been a huge factor in that regard yeah absolutely Game Changer man it just changes your mindset changes your life in so many ways uh Jamie this has been incredible dude you've got so much great content to to share in your   brain man you got to get it out there um I know you've got an awesome podcast that I was on adversity to abundance everybody should check that out um other than that Jamie where else can people find out more about you yeah just two things I'll mention very quickly uh literally got my book delivered today like an hour before I hopped on here it's uh from adversity to abundance it is based on the podcast so I encourage your listener to check that out from adversity to abundance is the book that's out and then Labrador   lending.com l b r a d o r.com is where you can check us out all right man awesome I'll drop all that in the show notes thanks again for coming on brother thanks for having me Seth this has been great Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=t6nU0TtMAFc https://www.instagram.com/p/C2sKtrAPX50/ https://www.facebook.com/permalink.php?story_fbid=pfbid029mGsZgw2DFvrvFV6QPkwf2U2ewUxCGoRmnjGvuBicaWmM9oHWbemP7NCVFFXz8jxl&id=100089126144055   Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en   Jamie Bateman's Links: https://x.com/batemanjames https://www.facebook.com/batemanjames https://www.threads.com/@batemanjames11? https://www.instagram.com/batemanjames11/ https://www.linkedin.com/in/jamie-bateman-5359a811/ https://labradorlending.com/about/

Global Investors: Foreign Investing In US Real Estate with Charles Carillo
GI317: Mastering Mortgage Note Investing with Jamie Bateman

Global Investors: Foreign Investing In US Real Estate with Charles Carillo

Play Episode Listen Later Jul 24, 2025 42:43 Transcription Available


Can you build true passive income without owning rental property? In this episode of the Global Investors Podcast, Charles Carillo sits down with Jamie Bateman — Army veteran, ex-DOD civilian, and founder of Labrador Lending — to unpack the business of mortgage note investing. Jamie shares how he transitioned from a W2 career to a portfolio of first-lien, re-performing mortgage notes in the Midwest and Southeast. He breaks down his buy box, deal sourcing strategy, due diligence (the 3 Ps), and the truth behind the “passive income” promise. Whether you're brand new or scaling your note business, this episode delivers actionable insights.   What You'll Learn: What is mortgage note investing and how does it work? The difference between performing, re-performing, and non-performing notes Why legal structures (judicial vs non-judicial states) impact strategy How to properly evaluate a note using the 3 Ps: Property, Payer, and Paper Common mistakes to avoid before buying your first note How to build relationships that bring deal flow Guest Resources: Website: https://www.labradorlending.com Podcast: https://www.adversity2abundance.com Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/  ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/

The Passive Income Attorney Podcast
RTBL 03 | Why the W-2 Grind Will Never Make You Wealthy with Jamie Bateman

The Passive Income Attorney Podcast

Play Episode Listen Later Jul 24, 2025 51:40


Title: Why the W-2 Grind Will Never Make You Wealthy with Jamie Bateman Summary In this engaging podcast episode, Jamie shares his journey from being a competitive athlete and military officer to becoming a successful entrepreneur in the field of real estate and mortgage note investing. He emphasizes the importance of discipline, teamwork, and taking ownership of one's financial situation in achieving success. Jamie discusses his transition from a W2 job to entrepreneurship, highlighting how he leveraged his experiences and strengths to build multiple streams of income. He shares insights about his current business model centered around mortgage note investing, explaining the differences between performing and non-performing notes, and elucidates the challenges and opportunities present in this field. The discussion also emphasizes the importance of long-term planning and learning continuously, making the case that discipline ultimately leads to freedom and flexibility in life. Links to Listen and Subscribe: https://podcasts.apple.com/us/podcast/from-military-officer-to-mortgage-note-master-one-mans/id1618672867?i=1000643495099 Links to Watch and Subscribe: https://www.youtube.com/watch?v=t6nU0TtMAFc Bullet Point Highlights: Athlete to Entrepreneur: Jamie shares how his background in competitive sports instilled a sense of discipline and teamwork. Financial Ownership: Jamie discusses the importance of taking ownership of your financial situation and actively seeking improvement. W2 Quitter: The transition from a stable government job to entrepreneurship reflects Jamie's journey of self-discovery and ambition. Mortgage Note Investing: Jamie provides insights into both performing and non-performing notes, illustrating how to generate passive income through debt investing. Value of Networking: He emphasizes the necessity of building a strong network for finding investment opportunities in mortgage notes. Continuous Learning: Jamie advocates for lifelong learning, suggesting that successful people always seek new knowledge and skills. Long-Term Vision: He stresses the importance of setting long-term goals and reverse planning to maintain focus on achieving one's aspirations. Transcript: Jamie what's going on brother welcome to the show thanks Seth this is this is awesome um I'm excited to be here and I'm hoping to add some value absolutely man third time's a charm we've been trying to get this scheduled after I was on your show which was fantastic had a really good time uh on that show and I think it turned out pretty good so I know we're gonna absolutely we're gonna deliver on this one as well yeah we're GNA try to try to I'll try to do as good a job as you did so yeah that was that   was uh yeah no I that was a very very good episode from adversity to abundance I would highly recommend your your listeners check that one out to your episode on that show so thanks for thanks for doing that absolutely man you're an incredible interviewer I've I've that's the only uh I've been on dozens of podcasts and you know you pulled out a lot of things for me that I've I've never talked about on the air so it's pretty pretty awesome pretty awesome show man appreciate that cool man well let's just jump right into your   background man what's your story um take it back as far as you'd like to brother yeah um man uh I'd like to think that life has phases so I've had a few different phases in in my life um you I come from a a large uh family I'm I'm the oldest of seven kids and we always had a competitive uh background as far as team sports and things like that so um I played lacrosse in college that was always a foundational piece of of uh my life and just kind of I think from there learned how to be a part of something   bigger than myself and how to work toward a common goal with a with a team so that's been something that's been a a kind of a thread through my life and then um got married and uh joined the military and um actually joined the military technically before I got married but seemed like I got married and then ran off and and uh ran away from my wife but it's not exactly what happened but uh joined the military was an officer in the in the US Army did I did miss my first three wedding anniversaries through deployment and   things like that um and again it was a matter of trying to be plugged into something you know to serve and be a part of something bigger than myself and trying to trying to add value like I think we all we all want to do um I've obviously glossed over a lot of lot of details but those were uh a couple of inflection points I guess if you will um like you like to talk about I know um and so my military career transitioned into uh a a career with the Department of Defense as a civilian and um did 14   years as a civilian with DOD at Fort me and the first half so the first seven for all you math whizzes out there uh was full-time and then the second half the second seven years was part-time and that seven years is when I was really building my businesses which are largely um real estate investing and mortgage node investing Focus so we can get into the details there and then in 2022 I ended up quitting my job and and um now I have a few different small businesses that I run and like you Seth I've got a got a   lot of different things that I'm juggling and uh you know so but yeah I love talking about taking ownership of of your financial situation and taking ownership of your your life really and um I know that you and I have that comment so yeah that's a that's a high level overview of my background awesome man I appreciate that that there's a lot to unpack there you know going back to you know playing sports all the way up to the Collegiate level that's incredible I always like to to think even playing like poporn or football   back in the day you need a way to instill discipline in yourself and I I that's kind of the the oldest memory I can think of where it was hard right like it was like you've got a coach screaming at you like back in the day it's like you know they wouldn't give you water unless you like you know for like an hour which I don't think they do that anymore now but you know you had to earn that drink of water and and all those sorts of things but you you really learned what it's like to to work hard and you really learned what discipline   was all about and I would say that and you can you can expand on this but yeah I would say that you know being in the military yourself that takes it to a whole new level right it's like you you you got that from Sports you got that from the military yeah definitely I mean obviously they're very different in a lot of ways but that is certainly a common theme is is being disciplined and um and people people shy away from that word um because it just sounds like work or or no fun and no flexibility but I found that having   discipline in your life ends up adding more freedom in a sense um because you kind of have your foundational pieces set in stone you don't have to think about those and so um yeah regarding team sports it's it's really a matter of um you know everyone doing their part right and so there's a level of individual discipline and um and then just and then also just kind of putting the putting the group ahead of yourself um obviously the you know you want individual there's nothing wrong with individual accolades and I I was   certainly uh chasing you know those individual accolades it's not something I shied away from I was you know I definitely was wrapped up in trying to be an All-American and um that kind of thing and and did get that a couple of times you know but it at the end of the day nobody really cares about that and um the way I viewed it was if I was doing my part and I got those you know if I was scoring goals in Lacrosse as an example that means I'm contributing to you know to the team right and so there's obviously a fine   line there but of going too far either way um but yeah that discipline is critical you know even C I played at a high level in college and and there was year round you're training you're you're uh you're into it it was a division three school but it but the reality was we worked just as hard as any any D1 program and um yeah it's it's a these are skills that have paid off and are absolutely transferable to the rest of of life for sure yeah I think you've got to get those those intangible things you've got to develop   them somewhere along the way whatever whatever that is if that's Sports the military or you know from your parents I mean you can get it from different places but you definitely need it I mean you know we're in different stages of our life at this point we're talking about a lot we like talk about freedom and flexibility and fun um to try to get away from kind of the W2 uh mindset but in order to achieve Freedom flexibility and fun in a successful way you had you have to be disciplined to be able to get   there you you had to have done something successfully to be able to get there or maybe what separates you from you know the guy living in a van down by the river right like that guy that guy has Freedom flexibility um I don't know about fun maybe fun but yeah but you know it's it's a different obviously it's a it's a different outcome yeah and I I I still I think I still need you know I still use a lot of discipline today it's still still required but it's I guess I guess it's self-imposed and um you know I just love   love having that flexibility and that freedom um that comes along with being an entrepreneur so yeah it's been a central piece to my success for sure um but I I I still I don't think it ever you know goes away I just get to pick and choose what you know what discipline I want to kind of enforce on myself I guess um so yeah absolutely and and and as you said I the military was a huge part of that for me as well I mean that's a different kind of different kind of discipline and different kind of teamwork and different you know if you   lose a lacrosse game okay you lost the lacrosse game but military the stakes are a little higher um so maybe certain things are more important attention to detail are crit is critical and um but at the end of the day it's yeah it's that the same principles apply across both I I guess sectors if you will for sure for sure so let's dive into that that transition you started working kind of part-time there for seven years so that seems like a transitional period how are you able to progress from you   know that W2 and what what I've heard you say is call yourself a W2 quitter and I love that um you know how were you able to progress from a W2 person to a W2 quitter what enabled you to do that and what that transition looked like I mean you know I do remember in 2015 probably a little bit maybe maybe say 2014 but I just you get you know I had a wife and two kids and I had the commute the long commute that I I know a lot of people can identify with so um it it just was Groundhog Day it was the same   thing over and over and over and that's not me sitting here complaining about my family or having a having the opportunity to work um but after a while it gets old let's just be real right so it's like you're sitting in traffic and I just you start looking at you know I was I worked for the government and you look around you say who okay who's sort of ahead of me on this like you like I I think you probably mentioned on our on your your show on my my show your episode um you look around to the people   who are more kind of Al further along the path than you you say do you want to be that person is that the life you want and man I did not want that and um it just just having that just super long-term just you know the pot at the end of the rainbow I guess uh nothing driving me in the in the interum man it was it was just it was brutal so I probably did a little woes me for a little bit there a little victim mentality for a bit but then you start to realize like okay if you don't take ownership of your own life no one's   going to right so no one's going to come in and do this for you so I'm not sure what truly you know created the change in my mindset but my mindset absolutely started to change and I just made a shift and I and I stopped watching cable news I stopped uh just you know stopped paying attention to all the things that I can't control and I couldn't control back then and and started saying no what do I have what are my strengths who is in my who's back to the team thing who's on my team who's you know who's in my   network that I can add value to and who can add value to me so I started looking around and um you know my father was a realtor for many years my brother was a loan officer I we had uh one rental property at the time and so and IID worked at a I didn't mention I worked at a title company and I worked for a mortgage broker before as well briefly so I had this experience that a lot of people don't have and that's you know that that doesn't mean I'm better than anyone it just means these are my strengths so let's point to that and   let's use that so I started really being intentional about focusing on my strengths and my assets that I had in my life right and then another asset that I used to see as a liability was the time in the car so I started listening to podcasts oh you know and and then it turned into wait I don't even want to go into work yet because this this podcast episode is amazing and I'm learning so much you know Bigger Pockets and all the other real estate podcasts and different investing podcasts and um started using   that mental bandwidth instead of focusing on National media stories that I have zero influence over uh here's something that I can actually take action on and so um in mid 2015 uh I I I went part-time and and just so happens that at uh DOD it's one of the few agencies in the in the federal government where you can go part-time and still keep your benefits so I still had health insurance for my family you know most people don't have that option necessarily but oh oh well I did so that's what I did and and um you   know that's uh again decided decided to start building my my other streams of income outside of my W2 um had my circumstances been different if I was single I probably would have just quit the whole thing right but I was able to have that kind of laded approach I guess or tiered approach to kind of ripping off the Band-Aid yeah yeah no that that that's awesome I love just the idea of of taking ownership of your your life right like everybody has those moments where they're feeling sorry fors um but but the successful people they   don't sit there and stay in that that mindset they they move on they you're going to be there sometimes but you've got to get out of and you got to say okay what what can I control what can I change and you don't say you don't give other people the power to control you and your mindset and how you feel about your life right like that's that's that's the thing like if if you if you're constantly blaming someone else or saying this happened to me rather what can I do to get myself out of it then you're going to be stuck there   forever you're you're going to be you're going to be spinning your wheels forever um and a lot of that I think helps because you said you don't listen you don't watch the news I don't either it's a waste of time what control what does that do for us it's if I do watch it I literally do it for entertainment and you look at it as an entertain I look at it like I'm watching sports almost absolutely I I look at it like this is funny like I can you know what I mean you kind of analyze like this is funny   this guyy saying this in a debate this guy's saying that it's not taking it as fact and news and this is how I should live my life because of what they're saying absolutely and it's not to say that none of these topics are you know important right I mean right Glo Global you know war or I mean politics poverty global warming whatever that's all very important but I have zero control over it almost zero right and then um you know the other thing is fear sells and that's that's what they're selling and so doesn't mean that every   story is invented and it's all fake fake news but it it just doesn't serve me and so I'd rather focus on you know go ground up and kind of uh you just I see it in people maybe older people in my own life now who maybe are retired and and they watch the news all day and it's like they won't travel because they saw a news story that the airports are packed or something and you know it's I'm sure that story was was accurate right but it but the but the news can filter out and and you end up only focusing on the negative really and   it just didn't serve me so yeah um during that La the second seven years I was able to build out my wife and I were doing single family real estate investing and doing a lot of the Burr method that maybe some of your your audience is familiar with uh um and so kind of putting that Capital back into the the rental property um machine and expanding our portfolio um and then eventually last year Well in in 2018 I made the pivot I kept the rental properties but made a pivot to also add on mortgage not   investing and that's been my primary focus as of late um and uh if you want I can tell the story quickly about how I actually quit my job in 2022 I I think it's kind of kind of a funny one absolutely let's do it all right so um I uh so two years ago uh I was playing bad mitton and um I'd been doing now mind you I used to be like tough you know athlete and like I did you know did Jiu-Jitsu for three years right up before this and you know used to lift Waits a lot and still do it here and there but you know I think I'm tough   right and uh ruptured my achilles playing bad mitton so that's an ego blow uh to add on to the physical pain that you know especially with the recovery so I ruptured my achilles a little over two years ago today and um I was out of work it was my right right foot and the reason I bring this up is not for sympathy but um to say you know I couldn't drive for three months so I actually yeah and I had tons of leave from from work and by this time I was tired really tired of my I was pretty much checked out like I think you you   might have been at your uh your big law uh job but um that's right I was I was checked out I mean I I wasn't the best employee at this point and so I took as much leave as I as I could you know reasonably right and so but couldn't drive and so I was out for three months and I come back so come back into work and I'd had discussions with my wife about about leaving it was just a matter of of when not if um I can tell you truthfully had no idea that I was going to quit this day but I came back in from   having been out for three months mind you no one gave me a call no one from work no one from my management gave me a call the entire three months I was out other than to say to ask me are you vaccinated because you have to be vaccinated to be to get inside the building now I don't want this to turn into some controversial vaccine discussion or get your your podcast banned from something but um yes I'd been vaccinated to to answer the question but no one asked me how's your how's your recovery going like how what   do you you know how's your life you know what's it's just are you vaccinated you need to get that shot before you come in okay great thanks I really feel welcome here so I'm already just you know you know what screw this place right um come back in and just go to my desk and this is this is an office space kind of thing where I go to my desk and there's some there's an a force kid at my desk and long story short they' kind of move me somewhere else without telling me I can't find my desk I finally find it   it's got a box with my name on it with you know monitors sideways and all and clearly not a functioning uh desk and um you know office space so I literally quit that day and I just say that it's just like I knew 100% I was done I my wife didn't know I was I quit but I I quit that day still worked for another month or two but I I was there was no question zero question in my mind I'm done with this place so uh that was March of 2022 and ever since then I've just focused on building out my businesses and having   looked back that's awesome sometimes you just know right like sometimes it's time you just knew I I love that story man for me it was a little bit you already know the story but you know for me it was a little bit more of someone else's decision I got fired I mean and men that you know you you weren't the best employee at that point correct you know I knew the same thing and it's great to have awareness and perspective and kind of looking back now you're like I would have done the same thing like this guy   doesn't want to be here his output isn't what it should be like nope he's got he's got to go I mean he's not he's not the best employee and and as a you know as a business owner now I can you know I have really good perspective of that and and seeing that and they did they were doing me a favor by being like hey like your heart's not in it is it and I'm like no it's not it's not yeah yeah the reality is for me it's really hard to work you know when once you go part-time I mean I knew I was casting a vote   against my career progression there so as soon as I went part-time in 2015 I wasn't saying I'm in this for the Long Haul guys this is this is my focus you know it's the writing's somewhat on the wall looking back it's almost surprising I lasted as long as I did um but so yeah uh haven't looked back and just love love the entrepreneurial you know day-to-day and freedom that you alluded to and and just the multiple streams of income and certainly has its challenges I I probably work harder now than ever   than I ever have um but it's by choice right so I love it exactly same here man I mean it's you know my my days are long I mean I I get up way before I used to get up when I when I had a 95 I worked past when I would have worked a 9 to-5 and it definitely more hours but when you're doing it for yourself and you're doing it because you're working towards something that you believe in yeah it doesn't feel like it's you're putting that much time in definitely I I wake up early a lot of days it's not not on   purpose it's because I'm just excited to get Kracken so yeah yeah absolutely yeah well let's let's kind of get into your current business I know you you had mentioned that you focused on your strengths and your assets um and you know I think it's important I'll just I'll just say it's important to take an inventory of what your strengths are when you're kind of considering going into something else um because a lot of our listeners are attorneys they're doctors folks like that they kind of feel like maybe they're they're pigeon   hold right like well if I'm not an attorney what the hell else can I do right like I don't know anything about real estate investing or node investing or starting a business or anything like that but if you really take a step back you you probably have a lot of skills that you've learned and honed in your career that you can use for something else moving forward and that was that's what you were able to do definitely and one thing I'd say is that um you know one thing that's always comforting for   me is nobody knows everything right so you can always find somebody who knows more than you in a certain area um you know there's one quote about every man is my Superior in in in something right so um basically it gets me a lot of comfort to know like just because an attorney listening to your show knows way more than I do about a particular topic and probably many many other topics that doesn't mean I'm less of a person or you know I don't know more than that attorney does in another area so it's   okay I'm never going to know everything there are other people who've already figured it out so um you know that's that's always comforting to me is and when I say look to your strength it's also looking to the people in your network who know and can help you get to where you want to go um so yeah I mean so many things we take for granted that we do know and um you know example when I started working at a title company fresh out of college because it was my first real job and it paid you know a a   salary um I realized quickly how little I knew about title insurance settlements you know just just basic stuff now looking back pretty basic stuff but you don't know that unless you work for a title company or you're heavily involved in this you don't you're not trained in that in school typically right so you know you forget and so your your listener out there the the attorney the doctor I guarantee they have a lot of life experience not just from their professional world but just life experience that that they shouldn't take   for granted and the fact that you can go through law school and then be you know Be an Effective attorney or go through medical school and Be an Effective doctor that that means you you can learn things right and so again I go back to life has Seasons I mean you've shown that in your own story Seth like you know um it's uh it doesn't mean just because I started a certain business doesn't mean that's going to be what I'm going to be doing for the next 20 years or just because I'm an attorney now   doesn't mean that's what I have to do for the rest of my life so we always have options I mean you might look back and wish you'd done something differently or something but you only have one chance at this and so you know you just make the most of it and and just keep I think keep learning constantly um is critical I I just hired a business coach we've had one call um but one of his motos is um you know one of his sayings is that he's always he's in permanent beta so he's always changing always improving he's always   growing so I'm trying to trying to implement that as well yeah I love that permanent beta I haven't heard that before but I like that I like that phrase like that phrase um so tell me about your current business tell me about mortgage node investing start with the basics um sure what is it yeah so and and I'll try to keep it uh there's so much to it but again none of it is difficult it's just a lot of moving parts and you've got to you know it takes time to learn um we buy debt so we buy a mortgage note   and that could be performing or non-performing the the real highlevel version is is um a performing note is kind of like a a long-term Buy and Hold rental property but you're buying the debt and becoming the lender becoming the bank if you will um and so you're buying that performing note for cash flow so I buy a performing note the barer now pays me through a loan servicer and I get monthly payments so that's a great way to go the the problem with that is you can't really add value to that asset very well you're kind of   it is what it is and in fact with mortgage notes the value actually goes down over time generally speaking because the principal balance goes down so it's just it's worth less than you know than uh you know than it would than it was when you bought it then on the other side the non-performing side of things we buy those uh as well and those are more like a Fix and Flip property so um although we're still buying the debt we're not buying the property but there's a chance to add value There's an opportunity to buy distressed asset and   add value to that asset and then sell that that non-performing note either well I should say sell that asset whether that's as a rep performing note or as uh through the the real estate itself there there are a few different ways you can exit a non-performing uh note deal and but but back to your kind of one of the the themes um thus far one of the reasons I got into specifically that space was that I understood the real estate space so I understood the single family residential real estate space so it wasn't a huge   leap for me to go from owning the property to now owning the debt on that property whereas it would have been a lot bigger leap for me to say oh I want to start buying distressed you know multif family debt um which I know you could probably help me understand better but that you know it's like incremental progress and and and change isn't that scary so I kind of expanded my um you know toolbox if you will and got into the mortgage note space so we have a couple of note funds one is open um currently and they're they're they're   all for accredited investors um and uh the the income fund that's open pays a monthly uh aims to pay a a monthly uh per referred return I know you and a lot of your listeners are attorneys so I got to hold the line here and uh so the fund is structured to pay uh to aim to pay a a monthly return uh of 8% it's not a there's no growth in that fund it's literally a cash flow play and um diversification play you're putting your your capital in we buy assets across the country we we've bought notes in in probably 25 States at this point   um and so the investment is Diversified across Geographic areas across borrower types and um you know we buy for a certain yield we take a small management fee and then we um ideally uh pay a pay the preferred return that we're aiming for to our to our investors yeah nice 506c you're able to talk about it it's uh ACC credit investors only just want to throw that out there um so yeah I mean so just going back to the basics a little bit and we'll get back into the fund like how do you how do you even   find these things I mean how do you get started how do you find these things so I mean that is an ongoing challenge I'm not going to lie to you that's one of the the things that truthfully a a passive investor who doesn't have time to to develop the network to go find these assets they're just not going to have success um you know they might here and there but it takes time it's a it's a word of mouth industry just like real estate itself is and um so we've built out a network of of Sellers and you know that could   be quite honestly I I've never had luck buying directly from Banks it's really either a larger uh mortgage note fund that's closing so it might be a three-year fund and then they've got to they've got to liquidate they've got to figure out how to sell off what to do with these assets um and so that's a great opportunity to buy is just a fund that's closing or somebody a note investor who's getting out of note investing or they've had a life change or something um you know where they just uh there's an opportunity to buy from   them as well um and so there there are other you know I guess we buy from hedge funds note investors other note funds um those are there are also note Brokers as well out there um there are also some online exchanges like paper stack and a couple of others that you can go and I've bought and sold on on paper stack and other exchanges as well um and you know you can you can find assets there um but at the end of the day we have our list that we list of people that we work with regularly and I would say one thing   is that doing due diligence on a note seller is just as important as uh due diligence on the assets that they're selling and so it's it's taken some work and it's it's a work in progress always um but it is the million-dollar question is where do you where do you find these assets yeah so that's that's the hard part right that finding these assets is the hard part um have you ever had to foreclose on on any of these notes and actually acquire the property and I guess a followup question is do you ever   look at a non-performing note like hey I actually want to own that property great questions yeah great questions um to be clear we're not trying to kick people you know Grandma out on onto the street or anything like that um you know that's not our our goal typically well that's never our goal but we're never trying to kick someone out of their home um but the reality is some people honestly need a little bit of a kick in the pants and often times that's not really the best them staying in the house is not often   The best scenario for them I know that might sound sound harsh but at the end of the day if someone can't afford to live somewhere sometimes these people are living in squal and they really need a change of of environment um to answer your question about do we target the property yes sometimes we do in fact we just closed on two they're called uh heckum loans or reverse mortgages where the borrowers are deceased the property is underwater meaning you know the the loan amount is high greater than the   property value and it should be a quick exit through the property so HUD will sell off these uh big pool of of reverse mortgages and we were able to purchase two of them very recently it's a vacant property you're not doing an eviction borrower is deceased you've got to work through the airs or or foreclosure um and get and exit the property that way um if your listener wants to go to my website I've got a really good um it's a Jacksonville blog post I've got a couple of blog posts about this deal I still hold this rental   today and it was a non-performing note that we purchased a few years ago and um I had no intention of exiting through the property or holding holding the the property as a rental property but uh running the numbers it just was too good to to let go and so long story but we we uh you know ended up doing a deed in Lee of foreclosure actually in this case and got the property back and now it's a long-term Buy and Hold property for my own rental uh portfolio yeah that makes sense that makes sense there's there's always   multiple ways to look at an investment right um but it does sound you know is not something that that I've executed on myself but it sounds like this is an active business right and that's why you've put together an income fund for people that want to get involved passively um because as as everybody knows there's active Investments there's passive Investments if you're going to do something active maybe your returns are going to be a little bit better but you're going to give up a lot of time and effort to to get those returns   um so if you want to go to the passive side if you if you're still full-time in your career you're you're a full-time doctor or lawyer or or whatever you are you know these passive Investments are the way to go without having to know every single detail about a new business yeah and I don't know if you can see this but I I wore this specifically for your for this show there it is there it is passive income um you're absolutely right you know these gurus some of the some of the node investing gurus out   there will try to sell you know notes as passive um we have another blog post that talks about uh just the it's a spectrum there's active and passive on either end but at the end of the day if you're gonna node investing in my world is very very active and we have a non-performing note fund that's considerably more active than the Performing note fund so um you're dealing with foreclosures bankruptcies deed and L tracking delinquent property taxes do I have to physically go anywhere no but it is not passive um but   that's why we offer the passive investment to for you know people who like you said have maybe more Capital than time or energy and they want to put that Capital to work that's right there there are certain gurus out there that you know whatever it is that they are pitching it's they they tend to always pitch it as as passive even though it is an active business whether that's ma money yeah whether that's a mortgage note or I mean people pitch Airbnb short-term rentals as passive they're like well you can delegate this and you   can you know you can automate that and there's software for all these things but you still got to put all that stuff together you've still got to monitor all those things you you've still got to you still got to oversee all these different aspects of a business and that's what it is it's a business that you're running and it's not passive like it's not it's not and and it is on a spectrum some things are more passive than others but when you're inves in you know as a passive investor into some sort of a   fund or a syndication that's really leaning really far into the the passive side absolutely 100% and I and I'm as you are Seth I'm I'm I'm I I assume you are I know you're an active investor but I I do have passive Investments myself in other other funds other note funds and and my own my own note funds as well and so nothing wrong with doing both but I would say you need to be careful about you know you got to make a decision at some point do you want to scale this thing and and make this really a   business or do you do you are you satisfied with potentially a little bit lower return and you are giving up some control but much you know much fewer headaches and just a lot less work right right yeah and a lot of you know a lot of the listeners are high income earning professionals so they've already dedic put a lot of time and effort into being able ble to earn this much money from their W2 and absolutely that's probably your best bet to be honest with you I've been there I was in those shoes you're   probably better off putting your head down like let's grind for a few years let's let's not spend every single dollar that we make on all the new stuff on a on a new car every two years or every year in a bigger house that you don't need like let's set aside some of that and invest it passively and then maybe one of those will stick maybe one of those passive investments will be a mortgage note fund where you're like man I kind like this business like I like the sound of it I've learned about it   and then you start maybe progressing on the active side and maybe that takes over and and you want to get into that as a as a business as an entrepreneur but um a great way to kind of dip your toe in the water is to become a passive investor um that's the way that I did it into you know multif family syndications I invested passively in a number of deals first and kind of learned about it learned the ropes and I'm like I can do this and then that's when I made the transition yeah definitely it's it   really comes down to what you what your goals are and what your situation is for sure I I'll say I was too passive initially when I went into notes um because personally I just don't you're you're you were probably a little better student Seth not that I was a bad student but you know I I invest unless I'm actively in investing you know I'm just not going to learn a lot so the reality is yeah it's fine to learn about the asset class you definitely should learn about the operator for sure if you're putting Capital with them but   you're not going to once you're getting your checks and your dispersements you're not going to probably learn a whole lot about how to do that on the active side and so that's what we're here for yeah yeah it's more of like a spark of an interest right like may you already have that spark and then you invest passively then you're like okay well now I'm invested like let me learn about this you have to you have to actively go out there and educate yourself and network and talk to people that are in the business definitely 100   per. all right man before we jump into the Freedom Four you have one last gold nugget for our listeners oh man um I would say within when it comes to investing um you know take the long-term view um don't chase immediate returns um you know I do think just yeah it's certainly we all want to make a million dollars tomorrow but I think it's it's play the long game when it comes to investing I think that's critical love that man all right let's jump into the Freedom Four what's the best thing you do to keep your mind body   healthy yeah I mean one thing that I instituted this year actually um is breath work and it's um you know it's so it takes 10 minutes um and per day for me at least and it's been phenomenal and it's something that quite honestly as a as a you know athlete back in the day or even in the military I would have scoffed at something like this to be honest with you because it's just you know it's not manly or whatever it's like it is phenomenal so uh breath work I mean I do other things for sure but that's certainly this year it's been a   game Cher for me I just feel like it resets my central nervous system and it just gets me focused and uh I know there are other physiological benefits that you can ask uh Dr Andrew huberman or somebody else about cool I have to look into that actually have I mean obviously everybody talks about it's a Hot Topic I haven't gotten into it I haven't gotten into that plus like the cold plunges and that sort of thing um but I really want to explore that a little bit I don't know how much you can cut this out if we   don't have time but I had a I'm just going to be be open about this I just had a you know in late December I got a viral infection like a neuro virus and then I had I had a what I think was a pretty severe panic attack and it was super scary and so that's why I started uh doing this and somebody on my team actually sent me a a I guess we'll call it an implement or a tool that uh I use for the breath work it's BL there's a Bluetooth connection to your phone and it's pretty cool so it's structured and   back to that discipline right but um yeah so it's there was a reason I started doing it and um it's it's so accessible five to 10 minutes a day you can start doing it so yeah very cool highly recommend cool thanks for sharing that man um with all your success what is one limiting belief that you've crushed along the way and how did you get past it um I think just uh you know being afraid to you know that you have to be perfect right so um I used to be an editor back in the day and so many things would just not get done   or not get completed within our team our organization um because it had to be perfect and and it's like I think as I've progressed into more of the entrepreneurial lifestyle and and uh it's just it's not a it's not an option anymore um so um yeah I think just taking action has kind of overcome that limiting belief of of of chasing Perfection yeah yeah I can I can I can agree with you there done not perfect um as you know my background as an attorney I mean we're we're paid to be perfect like we can't make mistakes especially   in contracts and the way that we write things but when you kind of make that transition over to being an entrepreneur there's too much there's too much to to be to be perfect you got you just got to get it done good enough absolutely good enough has to you have to be open um willing to accept that for sure y what's one actionable step our listeners can do right now to start creating more freedom so I'll use the military here you can um which is where I learned U kind of reverse backwards planning reverse   planning so literally just and I'm not going to tell you I'm perfect at this um but you know think about what create a vivid vision for your life in in the next three to five years pick a pick three years out from today and what do you want your life to look like and then backwards plan and now I'm not saying you need to plan every minute of every day but you can be that will that will increase the urgency uh sense of urgency in your life and the intentionality of every every hour and every day because you realize this is   doable but I got to take ownership of of my current situation if I want this to be the reality in three years so I would say create a vivid vision and and kind of reverse or backwards plan to get there perfect perfect last but not least how has passive income made your life better yeah I mean I think in multiple ways but a big one that stands out is is giving me I guess we'll call it margin um to take some more risks on the entrepreneurial side and because I do have alternative sources of income   passive income um it's allowed me that kind of mental and financial bandwidth or margin to maybe invest in a company that even if it doesn't per go perfectly it doesn't go well it's not profitable that's okay I still have that cushion um for for me and my family so that's yeah it's a huge it's been a huge factor in that regard yeah absolutely Game Changer man it just changes your mindset changes your life in so many ways uh Jamie this has been incredible dude you've got so much great content to to share in your   brain man you got to get it out there um I know you've got an awesome podcast that I was on adversity to abundance everybody should check that out um other than that Jamie where else can people find out more about you yeah just two things I'll mention very quickly uh literally got my book delivered today like an hour before I hopped on here it's uh from adversity to abundance it is based on the podcast so I encourage your listener to check that out from adversity to abundance is the book that's out and then Labrador   lending.com l b r a d o r.com is where you can check us out all right man awesome I'll drop all that in the show notes thanks again for coming on brother thanks for having me Seth this has been great Links from the Show and Guest Info and Links: https://www.youtube.com/watch?v=t6nU0TtMAFc https://www.instagram.com/p/C2sKtrAPX50/ https://www.facebook.com/permalink.php?story_fbid=pfbid029mGsZgw2DFvrvFV6QPkwf2U2ewUxCGoRmnjGvuBicaWmM9oHWbemP7NCVFFXz8jxl&id=100089126144055   Seth Bradley's Links: https://x.com/sethbradleyesq https://www.youtube.com/@sethbradleyesq www.facebook.com/sethbradleyesq https://www.threads.com/@sethbradleyesq https://www.instagram.com/sethbradleyesq/ https://www.linkedin.com/in/sethbradleyesq/ https://passiveincomeattorney.com/seth-bradley/ https://www.biggerpockets.com/users/sethbradleyesq https://medium.com/@sethbradleyesq https://www.tiktok.com/@sethbradleyesq?lang=en   Jamie Bateman's Links: https://x.com/batemanjames https://www.facebook.com/batemanjames https://www.threads.com/@batemanjames11? https://www.instagram.com/batemanjames11/ https://www.linkedin.com/in/jamie-bateman-5359a811/ https://labradorlending.com/about/

Real Estate Power Play
EP160 | Mastering Note Investing with Jamie Bateman and Mark Monroe

Real Estate Power Play

Play Episode Listen Later Jun 5, 2025 37:56


Jamie Bateman and Mark Monroe talk about Mastering Note Investing.Join us for an insightful conversation with Jamie Bateman, a seasoned expert in note investing, as we dive deep into the strategies, risks, and rewards of this lucrative niche.Whether you're a beginner or a seasoned investor, Jamie shares invaluable tips to help you navigate the world of promissory notes and maximize your returns.Key Takeaways:✅ Understanding the basics of note investing✅ How to identify high-performing notes✅ Common pitfalls and how to avoid them✅ Strategies for scaling your note portfolio Listen now on Real Estate Power Play and take your investing game to the next level!#NoteInvesting #RealEstateInvesting #WealthBuilding #Podcast #InvestingTips #MarkMonroe #JamieBateman #RealEstateMarketing #AgentSuccess #InvestorTips #LeadGeneration #SellerFinancing #sellerfinancingstrategies #markmonroe #realestateinvesting #realestate  #cashflow #realestatetips #RealEstatePodcast 

The Smart Real Estate Coach Podcast|Real Estate Investing
Episode 491: The 3 Pillars of Note Investing & The Truth About Passive Returns and Risk with Jamie Bateman

The Smart Real Estate Coach Podcast|Real Estate Investing

Play Episode Listen Later Jan 22, 2025 29:23


In this compelling episode of the Smart Real Estate Coach Podcast, you'll hear from Jamie Bateman, a seasoned mortgage note investor and host of the From Adversity to Abundance podcast. Jamie shares how he transitioned from being an Army officer and W-2 employee to becoming a full-time entrepreneur in the mortgage note investment space.    He'll guide you through the nuances of active versus passive investing, explain why building relationships is crucial in this niche market, and offer tips on managing risk effectively.    Whether you're a seasoned investor or just starting out in creative financing, this episode is packed with actionable advice and inspiring insights tailored for you.   Key Talking Points of the Episode   00:00 Introduction 02:30 What Jamie is focused on today 03:10 The 3 pillars of note investing 05:04 Understanding active vs. passive mortgage note investing 06:32 How passive mortgage note investing works 08:20 Passive mortgage note investing returns 12:37 Lead sources for mortgage note investing 15:51 Labrador Lending mentorship program 17:43 Identifying your investing criteria for mortgage notes 21:46 The downsides or investing in mortgage notes 23:38 How to learn more about note investing from Jamie   Quotables   “It's not all rainbows and butterflies and unicorns, and maybe it's not for you.”   “Building that buy box is a critical piece for people because you need to be able to speak into the universe, this is what I'm looking for.”   “The inefficiencies are where opportunity lies.”   Links   Labrador Lending https://labradorlending.com/   From Adversity to Abundance https://adversity2abundance.com   Real Estate On Your Terms and Deal Structure Overtime https://wickedsmartbooks.com/podcast FREE Master's Class https://wickedsmartacademy.com/mastersclass   FREE Strategy Session with Chris Pre https://smartrealestatecoach.com/chrisprecall   FREE Workshop https://smartrealestatecoach.com/pcws   QLS Homestudy Course https://wickedsmartacademy.com/course/qls-homestudy-4   Investor Resources https://smartrealestatecoach.com/resources   3 Paydays Apprentice https://smartrealestatecoach.com/apprentice-pod   In the Trenches Bootcamp https://smartrealestatecoach.com/ittb-pod   REI Blackbook https://smartrealestatecoach.com/REIBB-DD  

Real Estate Investing With Jay Conner, The Private Money Authority
The Financial Benefits of Mortgage Notes with Jamie Bateman

Real Estate Investing With Jay Conner, The Private Money Authority

Play Episode Listen Later Jan 2, 2025 28:00


In the latest episode of "Raising Private Money," Jay Conner dives deep into the nuances of mortgage note investing and private money with his good friend, Jamie Bateman. Renowned for his success in raising over $3,000,000 in private money, Jamie shares his journey and insights into leveraging mortgage notes as a powerful investment vehicle. This episode is a goldmine for both seasoned investors and newcomers looking to expand their portfolios. Let's break down the themes and insights discussed during this illuminating conversation.Jay Conner's Real Estate WisdomA Wealth of ExperienceJay Conner, a real estate investor who began his journey in 2003, has rehabbed over 500 houses. His experience spans various facets of real estate, making him a credible guide for aspiring investors. Conner emphasizes one crucial lesson: avoid operating in isolation. He avows that seeking mentorship from experts can save you from costly mistakes and accelerate your path to success.Jamie Bateman on Mortgage NotesThe Strategic AdvantageJamie Bateman, a prominent voice in mortgage note investing, emphasizes the versatility of this investment strategy. Mortgage notes offer a unique advantage: you can invest across state lines without ever visiting the properties. This location independence is a game-changer, making it easier to diversify your investment portfolio.Moreover, mortgage notes come with a relatively low barrier to entry. Utilizing a licensed loan servicer simplifies compliance and licensing hurdles. This ease of access complements existing residential real estate investing experience and provides opportunities for creative and analytical investment strategies. However, Jamie notes that mortgage notes lack inherent tax advantages. Fortunately, this limitation can be mitigated with self-directed accounts.Passive Investors' OpportunityJamie offers a tantalizing glimpse into the potential for passive investors to earn high returns by partnering with him. For those interested, Jamie's platform offers pathways to explore these lucrative opportunities further.Understanding Private Money in Real EstateSecuring Single-Family HousesJay Conner elucidates how private money underpins real estate transactions, particularly in single-family houses. Utilizing promissory notes to secure private lenders is a prudent strategy, complemented by collateral via a deed of trust or mortgage. Insurance policies include private lenders as mortgagees, and Conner maintains a conservative loan-to-value ratio of 75%. Additionally, a 90-day call option provides a safety net for emergencies.Collateral and Mortgage NotesMortgage notes employ a similar protective measure through hypothecation, where the note and deed of trust serve as collateral. An illustrative example is purchasing a $70,000 principal balance note for $50,000 and borrowing $30,000 against it. Such flexibility in terms is mutually agreed upon between lender and borrower, making mortgage notes a versatile investment vehicle.Jamie Bateman's JourneyTransition from Defense to EntrepreneurshipJamie Bateman's career transition exemplifies the allure of real estate for control and flexibility. After 14 years at the Department of Defense, Jamie ventured into real estate, leveraging his family background in the field. His journey began with rental properties using the BRRR method and pivoted to mortgage notes in 2018. Jamie's varied experiences, including title work, have enriched his investment acumen.Evolving Strategies in Raising CapitalOrganic GrowthJamie shares his organic approach to raising private money: documenting his investment journey on social media and blogs attracted interest from potential investors. This visibility led to his first substantial investment from a former col

From Adversity to Abundance
When Eviction is a Good Thing: Helping Kids and Making Money with Jamie Bateman

From Adversity to Abundance

Play Episode Listen Later Aug 13, 2024 38:56


Hey, real estate investors! Ever been told that mortgage note investing will bring you easy, quick returns? But instead, you've found yourself dealing with unexpected challenges and struggling to see results? If you've felt the frustration of not getting the returns you expected, you're not alone. Let's uncover a better way to navigate mortgage note investing and achieve success without the unnecessary hurdles.The episode for this week is a case study from our host Jamie Bateman. Jamie reviews this informative case study of an actual win-win-win note deal of his. He recently presented this moving case study on the Be The Bank Broadcast, with fellow investors Justin Bogard, Jay Redding, and Chris Seveney. Stay tuned to the end to find out how you, as a note investor, can positively impact real people. In this case, kids were rescued from an awful environment.Jamie Bateman, the podcast's host and a seasoned real estate investor, brings practical insights into overcoming obstacles in the industry. Justin Bogard's expertise in mortgage note investing, alongside Jay Redding's strategic real estate acumen, and Chris Seveney's seasoned approach to investments, collectively offer a comprehensive understanding of navigating challenges in real estate. Their case study provides an in-depth exploration of real-life investment scenarios, delivering valuable lessons and strategic considerations for investors seeking to thrive in the real estate market."Mortgage note investing can have a fantastic social impact, human impact, changing lives for the better, while we're making money, doing well by doing good." - Jamie Bateman"Kids were saved from an unsafe environment. Multiple exit strategies. Equity at purchase is key." - Jay Redding"Not every investment will be smooth sailing. You can't control the borrower. You know, in a lot of... That's why it's like you just got to be okay with, especially with these NPLs." - Justin BogardConnect with Justin BogardWebsite: https://www.anbfunds.com/homeLinkedIn: https://www.linkedin.com/in/justin-bogard-64314012b/Instagram: https://www.instagram.com/americannotebuyers/Connect with Jay ReddingWebsite: https://www.jmjrealestateservices.com/ https://cassidyinvestments.com/LinkedIn: https://www.linkedin.com/in/jayredding/Connect with Chris SeveneyWebsite: https://7einvestments.com/Facebook: https://www.facebook.com/christopher.seveneyhttps://www.facebook.com/7EinvestmentsInstagram: https://www.instagram.com/chriseveneyhttps://www.instagram.com/chrisseveneyhttps://www.instagram.com/7einvestmentsLinkedIn: https://www.linkedin.com/in/christopherseveney/Integrity Income Fund:https://investors.appfolioim.com/labradorlending/investor/submit_interest/5—Labrador Mentorship:https://labradorlending.com/investors/active-investors/—Haven Financial Services:Learn more: https://www.myfinancialhaven.com/jamiebateman/—Purchase Jamie's Book: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860—Leave us a REVIEW: https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867?mt=2&ls=1https://www.adversity2abundance.com/reviews/new/—Podpage:Calling all aspiring podcasters and seasoned pros! Transform your podcast with a stunning website in minutes. Sign up for Podpage today to effortlessly grow your audience with our easy-to-use tools.Sign up here: https://www.podpage.com/?via=jamie-batemanConnect with usWebsite: https://www.adversity2abundance.comFacebook: https://www.facebook.com/profile.php?id=100089126144055Instagram: https://www.instagram.com/adversitytoabundancepodcast/LinkedIn https://www.linkedin.com/company/89949391/admin/feed/posts/Youtube: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLinkedIn: https://www.linkedin.com/in/jamie-bateman-5359a811/Twitter: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter XI: "Learning to Focus on What You Can Control" with Emma Powell

From Adversity to Abundance

Play Episode Listen Later Jul 30, 2024 63:46


Emma Powell is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on June 28, 2022) Episode 14: Abundance through Instability and Loss with Homeschooler and Investment-Club Creator Emma PowellYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Emma Powell, the mastermind behind the High Rise Group, is a dynamic commercial real estate investor hailing from Utah. Balancing the roles of a devoted wife, mother of six, and homeschooler, Emma's journey embodies resilience and tenacity. Through navigating personal hardships and career uncertainties, she has skillfully transformed her trials into a flourishing real estate venture. Emma's narrative epitomizes the strength found in embracing challenges, recalibrating perspectives, and prioritizing family alongside entrepreneurial pursuits. Her wisdom and firsthand experiences offer a compelling viewpoint on conquering obstacles and uncovering abundance amidst adversity.“I think that if you work at something, you can start out at something that you're naturally maybe not that talented at, but when you recognize that and really start to focus on it, you can become good at it.” - Emma Powell“I need to be less involved in the details. I need to stop even more. I've been working on that.” - Emma Powell“I don't want to start another business for reasons we already discussed. And two, if I charge for it, I might have to get into some sec stuff where I'm running an investment company or I'm a registered investment advisor.” - Emma PowellIn this episode, you will be able to:Master the art of overcoming adversity in entrepreneurship and turn challenges into opportunities for growth and success.Uncover the secrets to building successful real estate investment clubs that foster collaboration, learning, and lucrative opportunities.Discover powerful strategies for balancing homeschooling and entrepreneurship, unlocking the potential for personal and professional growth.Learn the art of leveraging partnerships in commercial real estate for amplified impact, profitability, and sustainable growth.Book and ResourcesNever Split the Difference: Negotiating As If Your Life Depended On ItNonviolent Communication: A Language of Life: Life-Changing Tools for Healthy RelationshipsConnect with Emma Powell:Website: https://highrise.group/ https://risecapitalinvestments.co/ https://risecapitalinvestments.co/calendarLinkedIn: https://www.linkedin.com/in/emmapowell28/Instagram: https://www.instagram.com/emmapowell.28/Facebook: https://www.facebook.com/emmapowell28Integrity Income Fund:https://investors.appfolioim.com/labradorlending/investor/submit_interest/5—Labrador Mentorship:https://labradorlending.com/investors/active-investors/—Haven Financial Services:Learn more: https://www.myfinancialhaven.com/jamiebateman/—Purchase Jamie's Book: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860—Leave us a review: https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867?mt=2&ls=1https://www.adversity2abundance.com/reviews/new/—Podpage:Calling all aspiring podcasters and seasoned pros! Transform your podcast with a stunning website in minutes. Sign up for Podpage today to effortlessly grow your audience with our easy-to-use tools.Sign up here: https://www.podpage.com/?via=jamie-batemanConnect with usWebsite: https://www.adversity2abundance.comFacebook: https://www.facebook.com/profile.php?id=100089126144055Instagram: https://www.instagram.com/adversitytoabundancepodcast/LinkedIn https://www.linkedin.com/company/89949391/admin/feed/posts/Youtube: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLinkedIn: https://www.linkedin.com/in/jamie-bateman-5359a811/Twitter: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter X: "Regaining His Hustle and Enjoying the Ride" with Brent Bowers

From Adversity to Abundance

Play Episode Listen Later Jul 23, 2024 43:16


Brent Bowers is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on May 24, 2022) Episode 8: From Divorced Debtor to Influential Investor and Leader with Army Veteran Brent BowersYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Brent Bowers, a former army officer and real estate investor, brings a wealth of experience and resilience to the table. Overcoming a painful divorce at a young age, Brent shifted his mindset towards action and determination. Currently, with a small team, he focuses on flipping houses and land, as well as creating notes through seller financing. Brent's dedication to teaching others in the real estate industry, particularly veterans and active duty military personnel, reflects his passion for sharing knowledge and empowering others. His journey from adversity to abundance is a testament to his entrepreneurial spirit, making him an ideal guest for those seeking inspiration and practical advice in the realms of real estate investment and entrepreneurship.Top 3 Quotes from the Conversation with Brent Bowers:"Life's not happening to me. It's happening for me.""You just gotta stop and take the action. Get out of learn mode and start taking the action with everything you learn.""You just gotta enjoy the ride. Sometimes it's gonna be raining on you, and sometimes it's gonna be sunny roses."In this episode, you will be able to:Mastering the transition from military to real estate investing - Discover the powerful mindset shifts needed to succeed in this unique journey.Harnessing the importance of mindset in overcoming adversity - Uncover the key mental strategies to navigate challenges and thrive in real estate investing.Unveiling strategies for successful land investing - Learn the insider tactics for maximizing profits and minimizing risks in the land investment market.Navigating the path of building a business while in the military - Explore the practical steps and mindset needed to balance entrepreneurship with military service.Leveraging personal development for business growth - Uncover the untapped potential within yourself to drive business success through personal growth strategies.Book and ResourcesRhinoceros Success : the Secret to Charging Full Speed Toward Every OpportunityConnect with Brent BowersLinkedIn: https://www.linkedin.com/in/brent1/Instagram: https://www.instagram.com/brentlbowers/Facebook: https://www.facebook.com/brentlbowers1Youtube: https://www.youtube.com/@brentlbowersIntegrity Income Fund:https://investors.appfolioim.com/labradorlending/investor/submit_interest/5—Labrador Mentorship:https://labradorlending.com/investors/active-investors/—Haven Financial Services:Learn more: https://www.myfinancialhaven.com/jamiebateman/—Purchase Jamie's Book: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860—Leave us a review: https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867?mt=2&ls=1https://www.adversity2abundance.com/reviews/new/—Podpage:Calling all aspiring podcasters and seasoned pros! Transform your podcast with a stunning website in minutes. Sign up for Podpage today to effortlessly grow your audience with our easy-to-use tools.Sign up here: https://www.podpage.com/?via=jamie-batemanConnect with usWebsite: https://www.adversity2abundance.comFacebook: https://www.facebook.com/profile.php?id=100089126144055Instagram: https://www.instagram.com/adversitytoabundancepodcast/LinkedIn https://www.linkedin.com/company/89949391/admin/feed/posts/Youtube: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLinkedIn: https://www.linkedin.com/in/jamie-bateman-5359a811/Twitter: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter IX: "Consistent, Persistent Action: The Formula For Success" with David Dodge

From Adversity to Abundance

Play Episode Listen Later Jul 9, 2024 48:38


David Dodge is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on July 12, 2022) Episode 16: David Dodge: From Drugs and Crime to a Second Chance and $20k per Month from Rental PropertiesYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860A veteran in the real estate industry, David Dodge, renowned as the founder of discountpropertyinvestor.com, brings over 18 years of expertise and a track record of nearly 1000 successful transactions. David's journey from initially venturing into rentals to mastering wholesaling, flipping, and ultimately adopting the burr method, reflects his resilience and adaptability in the face of adversity. Overcoming personal hardships, including the loss of both parents at a young age, David's story is a testament to transforming challenges into triumphs. With an impressive monthly income of $20,000 from real estate investments, David's insights and practical knowledge are invaluable for real estate enthusiasts seeking financial independence through discounted properties. His wealth of experience and success makes him a compelling guest, offering a wealth of wisdom and a distinct viewpoint on achieving financial freedom through real estate investment."My definition of success comes down to three words: consistent, persistent action." -David DodgeIn this episode, you will be able to:Discover David Dodge's inspiring real estate investing journey and learn from his experiences.Uncover the powerful benefits of the BRRRR method in real estate and how it can supercharge your investment portfolio.Learn how to overcome adversity through real estate and turn challenges into opportunities for growth.Explore the importance of buying properties at a discount and how it can significantly impact your investment returns.Navigate the transition from wholesaling to rental properties and gain insights into this strategic shift in real estate investing.Connect with David DodgeWebsite: https://www.discountpropertyinvestor.com/ https://www.discountpropertyinvestor.com/mastermind https://www.wholesalinginc.com/LinkedIn: https://www.linkedin.com/in/davidalandodge/Instagram: https://www.instagram.com/davidalandodge/Facebook: https://www.facebook.com/DavidAlanDodgeSTLIntegrity Income Fund:https://investors.appfolioim.com/labradorlending/investor/submit_interest/5—Labrador Mentorship:https://labradorlending.com/investors/active-investors/—Haven Financial Services:Learn more: https://www.myfinancialhaven.com/jamiebateman/—Purchase Jamie's Book: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860—Leave us a review: https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867?mt=2&ls=1https://www.adversity2abundance.com/reviews/new/—Podpage:Calling all aspiring podcasters and seasoned pros! Transform your podcast with a stunning website in minutes. Sign up for Podpage today to effortlessly grow your audience with our easy-to-use tools.Sign up here: https://www.podpage.com/?via=jamie-batemanConnect with usWebsite: https://www.adversity2abundance.comFacebook: https://www.facebook.com/profile.php?id=100089126144055Instagram: https://www.instagram.com/adversitytoabundancepodcast/LinkedIn https://www.linkedin.com/company/89949391/admin/feed/posts/Youtube: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLinkedIn: https://www.linkedin.com/in/jamie-bateman-5359a811/Twitter: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter VIII: "Uncovering Counter-Advantages To Your Difficulties" with Matt Fore

From Adversity to Abundance

Play Episode Listen Later Jun 25, 2024 41:20


Matt Fore is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on April 26, 2022) Episode 4: Learning from a Late Sibling; Overcoming Dyslexia and a Massive Financial Setback with Matt ForeYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Matt Fore is a leader at a Fortune 50 company, where he leads a sales organization and also competes as an Ironman triathlete. On top of that, he is actively involved in real estate investment and hosts the podcast "Ice Cream with Investors." Growing up in a small town in southern western Virginia, Matt overcame challenges, being dyslexic and having a mentally disabled sister. His journey has been a testament to resilience, empathy, and the pursuit of an abundance mindset. Matt's experiences and successes make him a valuable guest on the podcast, offering insights and inspiration for navigating adversity and finding abundance in life.Top 3 Quotes:"When you have some kind of issue that happens to you, look at some other form that you can at least salvage it and get some goodness out of it." - Matt Fore"Empathy will be the skill that separates you in the future." - Matt Fore"Once you figure out the money problem in your life, you can start living intentionally." - Matt ForeIn this episode, you will be able to:Uncover the secrets to personal growth through overcoming adversity.Explore the lucrative benefits of investing in real estate for financial stability.Gain valuable insights from the unique experiences of living with a disabled sibling.Discover the mental and physical training strategies for conquering an Ironman triathlon.Learn how to develop a growth mindset to drive success in business endeavors.Real Estate Investing BenefitsMatt Fore's venture into real estate investing showcases the diverse opportunities and potential for financial freedom within the industry. Through his experiences with investments in units and various real estate facets, Matt emphasizes the creative potential and benefits of strategic investment. His story highlights the value of diversifying income streams and pursuing opportunities for long-term financial security.Book and ResourcesThe Last LectureConnect with Matt ForeWebsite: https://icecreamwithinvestors.com/LinkedIn: https://www.linkedin.com/in/forematt/Instagram: https://www.instagram.com/mattfore1/Facebook: https://www.facebook.com/matt.fore.54Haven Financial Services:Learn more: https://www.myfinancialhaven.com/jamiebateman/—Purchase Jamie's Book: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860—Leave us a review: https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867?mt=2&ls=1https://www.adversity2abundance.com/reviews/new/—Podpage:Calling all aspiring podcasters and seasoned pros! Transform your podcast with a stunning website in minutes. Sign up for Podpage today to effortlessly grow your audience with our easy-to-use tools.Sign up here: https://www.podpage.com/?via=jamie-batemanConnect with usWebsite: https://www.adversity2abundance.comFacebook: https://www.facebook.com/profile.php?id=100089126144055Instagram: https://www.instagram.com/adversitytoabundancepodcast/LinkedIn https://www.linkedin.com/company/89949391/admin/feed/posts/Youtube: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLinkedIn: https://www.linkedin.com/in/jamie-bateman-5359a811/Twitter: https://twitter.com/batemanjames

From Adversity to Abundance
Mortgage Notes vs. Land Investing: Two Heavyweights Debate the Best Strategy with Chris Seveney & Mark Podolsky

From Adversity to Abundance

Play Episode Listen Later Jun 18, 2024 55:46


In this episode, the gloves come off! Jamie Bateman moderates a back-and-forth debate between two lesser-known but increasingly popular investing strategies. Tune in as two powerhouse investors–Chris Seveney and Mark Podolsky–debate the merits of investing in mortgage notes and land. Which path is right for you? Uncover the pros and cons of each strategy and be prepared for some shocking insights. Stay tuned to find out which asset class could hold the key to building long-term wealth. You won't want to miss this eye-opening debate that could change your investment game forever. Listen in to learn the unexpected truth that could transform your real estate portfolio.My special guests are Chris Seveney & Mark PodolskyChris Seveney and Mark Podolsky, two powerhouses in the mortgage note investing and land investing space, bring a wealth of knowledge and experience to this episode. Chris has a background in real estate and construction management, transitioning to become a successful mortgage note investor. His expertise lies in building and managing a robust real estate portfolio and launching multiple funds for investors. On the other hand, Mark Podolsky, known for his innovative land investing strategies, has carved a niche for himself in the real estate industry. With his extensive experience and success in land investing, he offers valuable insights into the opportunities and advantages within this space. Both guests bring unique perspectives and expertise, making this debate an insightful and engaging discussion for real estate investors."There's one thing nobody can buy, and that is time. We can't buy more time. So you've got to take advantage of all your time that you have." - Mark Podolsky"At the end of the day, we're both the bank. It's really. We're both the bank now. We both don't have debt. We are the debt. We're both building cash flow businesses that are building wealth over time." - Chris SeveneyConnect with Chris SeveneyWebsite: https://7einvestments.com/Facebook: https://www.facebook.com/christopher.seveney https://www.facebook.com/7EinvestmentsInstagram: https://www.instagram.com/chriseveney https://www.instagram.com/chrisseveney https://www.instagram.com/7einvestmentsLinkedIn: https://www.linkedin.com/in/christopherseveney/Connect with Mark PodolskyWebsite: https://www.frontierpropertiesusa.com/ https://www.thelandgeek.com/ https://www.geekpay.io/Instagram: https://www.instagram.com/thelandgeekLinkedIn: https://www.linkedin.com/in/thelandgeek/Facebook: https://www.facebook.com/mark.podolsky.3 https://www.facebook.com/thelandgee kHaven Financial Services:Learn more: https://www.myfinancialhaven.com/jamiebateman/—Purchase Jamie's Book: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860—Leave us a review: https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867?mt=2&ls=1https://www.adversity2abundance.com/reviews/new/—Podpage:Calling all aspiring podcasters and seasoned pros! Transform your podcast with a stunning website in minutes. Sign up for Podpage today to effortlessly grow your audience with our easy-to-use tools.Sign up here: https://www.podpage.com/?via=jamie-batemanConnect with usWebsite: https://www.adversity2abundance.comFacebook: https://www.facebook.com/profile.php?id=100089126144055Instagram: https://www.instagram.com/adversitytoabundancepodcast/LinkedIn https://www.linkedin.com/company/89949391/admin/feed/posts/Youtube: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLinkedIn: https://www.linkedin.com/in/jamie-bateman-5359a811/Twitter: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter VII: "It's Never Too Late" with Mark Owens

From Adversity to Abundance

Play Episode Listen Later Jun 11, 2024 68:32


Mark Owens is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on April 9, 2022) Episode 1: From Homelessness to Prison to Financial Freedom through Real Estate with Mark OwensYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Mark Owens, a seasoned real estate investor, brings a wealth of experience and a compelling personal journey to the podcast. His transition from adversity to success, coupled with his profound insights into mindset change, addiction recovery, and real estate investment strategies, offers a unique perspective for our audience. With nearly two decades in the real estate industry, Mark's story of resilience and growth, along with the impact of mentorship and self-reflection, provides valuable lessons for those seeking transformation and financial abundance. Mark's down-to-earth approach and candid sharing make him a relatable and credible source for individuals navigating personal and financial challenges.“I'm going to take control of my life. I'm taking over. I'm going to run this. Not the drugs, me.” - Mark Owens“It's never too late to call somebody up and apologize or to thank them for something. If somebody did something meaningful in your life, even if it was a boss at Burger King 20 years ago and they said something that made a positive impact in your life. It's never too late to find those people and let them know you'll make their day.” - Mark OwensBook and ResourcesYou Can If You Think You CanConnect with Mark OwensLinkedIn: https://www.linkedin.com/in/speaker-mark-owens/Haven Financial Services:Learn more: https://www.myfinancialhaven.com/jamiebateman/—Purchase Jamie's Book: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860—Leave us a review: https://podcasts.apple.com/us/podcast/from-adversity-to-abundance/id1618672867?mt=2&ls=1https://www.adversity2abundance.com/reviews/new/—Podpage:Calling all aspiring podcasters and seasoned pros! Transform your podcast with a stunning website in minutes. Sign up for Podpage today to effortlessly grow your audience with our easy-to-use tools.Sign up here: https://www.podpage.com/?via=jamie-batemanConnect with usWebsite: https://www.adversity2abundance.comFacebook: https://www.facebook.com/profile.php?id=100089126144055Instagram: https://www.instagram.com/adversitytoabundancepodcast/LinkedIn https://www.linkedin.com/company/89949391/admin/feed/posts/Youtube: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLinkedIn: https://www.linkedin.com/in/jamie-bateman-5359a811/Twitter: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter VI: "Discovering the Greater Good in Difficult Times" with Beth Boisseau-Coots

From Adversity to Abundance

Play Episode Listen Later May 28, 2024 47:01


Beth Boisseau-Coots is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on June 07, 2022) Episode 10: Seeing Life's Challenges as Blessings with Successful Businesswoman Beth Boisseau-CootsYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Beth Boisseau-Coots, an experienced insurance producer broker at JB Lloyd, boasts a career spanning over 16 years in the insurance industry. Her professional expertise lies in specializing in insurance programs for community banks and real estate investors. Despite encountering significant personal challenges, including an early pregnancy and divorce, Beth's resilience and unwavering commitment have propelled her to success. Her journey exemplifies the transformative power of faith and a strong sense of service to others, leading her from adversity to abundance. As a guest on the podcast, Beth offers valuable insights into managing business growth, the indispensable role of a robust support system in entrepreneurship, and the critical nature of vision and mindset in achieving entrepreneurial success. Entrepreneurs and business owners will find her story and practical advice both inspiring and instructive.“I always trusted that there was more and I was being led. I never doubted that for a moment.” - Beth Boisseau-Coots“It's about serving others, too. And if it were just about money or just about getting ahead and there wasn't the human element, you feel like you're serving people, then it would be hollow, it'd be shallow. It means nothing.” - Beth Boisseau-CootsBook and ResourcesThink and Grow Rich by Napoleon HillThe Slight EdgeConnect with Beth Boisseau-CootsWEBSITE: https://www.lloyd-ins.com/LINKEDIN: https://www.linkedin.com/in/bethboisseau/FACEBOOK: https://www.facebook.com/beth.boisseaucootsATTENTION:Introducing Haven Financial Services - your trusted partner for streamlined accounting, expert guidance, and tailored strategies. Let's unlock your business's full potential together.Learn more: https://www.myfinancialhaven.com/jamiebateman/Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/FACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

The Healthy Peaceful Podcast
Ep 64 | Crime Scene Investigator's Ayurvedic Odyssey: Jamie Bateman's Story

The Healthy Peaceful Podcast

Play Episode Listen Later May 17, 2024 61:17


Prepare to embark on a transformative journey with me today as I delve into the ancient system of healing known as Ayurveda. In this series, I invite you to join me as I interview individuals who have undergone the rigorous study of Ayurveda at Maharishi International University.Each episode offers a glimpse into the personal and professional journeys of these individuals, exploring how Ayurveda found them and how they've integrated its timeless wisdom into their lives to enhance overall well-being.  My guests share insights and anecdotes that offer a glimpse into the profound impact Ayurveda has had on their lives and the lives of their clients.But our exploration doesn't stop there. We also delve into the future of Ayurveda and the creative ways these individuals envision promoting its growth as a practical system of self-care. With its focus on eliminating the root causes of conditions and improving overall health, my guests offer innovative strategies for integrating Ayurveda into modern healthcare systems and society at large.Join me on this enlightening journey as we uncover the timeless wisdom of Ayurveda and its potential to revolutionize modern wellness. Whether you're a seasoned practitioner or new to the world of Ayurveda, this series promises to inspire, educate, and empower you on your own path to holistic health and well-being.My guest today is Jamie Bateman from Colorado.  I would love it if you would follow, rate, or write a review for my podcast. What you think matters and I appreciate all feedback!Get in touch with topic ideas relating to my podcast's categories: The meaning of health and well-being, personal and collective consciousness, and maximizing full human potential. My email: plantsroc@gmail.com.With sincere gratitude, Noreen

From Adversity to Abundance
Chapter V: "Seeing the Blue Skies" with Dan Haberkost

From Adversity to Abundance

Play Episode Listen Later May 7, 2024 48:14


Dan Haberkost is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on July 19, 2022) Episode 17 Dan Haberkost: Shedding a Scarcity Mindset and Finding Success in Land Investing by Age 26You can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Dan Haberkost, the founder of Front Range Land, LLC, is a real estate investor specializing in land investments. With a remarkable journey that began at the young age of 16, he has demonstrated an unwavering commitment to hard work and proactive mindset. Overcoming the limitations of a conservative and scarcity-focused upbringing, Dan's story inspires with his transition from adversity to financial abundance. His practical experience and analytical approach make him a valuable resource for real estate investors seeking to shift their mindset and seize proactive investment opportunities. Dan's journey from managing rentals as a teenager to successfully establishing an active business in land investment serves as a testament to his resilience and determination in the real estate industry.“You won't really learn anything until you start iterating and participating in whatever it is you're trying to do. You've got to take action.” - Dan Haberkost“Building a business is a lot like going up steps and you can't really see because you're in the clouds and someone's punching you in the face from both sides the whole way up.” - Dan HaberkostConnect with Dan HaberkostWEBSITE: https://danhaberkost.com/INSTAGRAM: https://www.instagram.com/danhaberkost/https://www.instagram.com/frontrangelandllc/FACEBOOK: https://www.facebook.com/dan.haberkost.3LINKEDIN: https://www.linkedin.com/in/dan-haberkost-68b03371/ATTENTION:Introducing Haven Financial Services - your trusted partner for streamlined accounting, expert guidance, and tailored strategies. Let's unlock your business's full potential together.Learn more: https://www.myfinancialhaven.com/jamiebateman/Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/FACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter IV: "Finding the Silver Lining in Loss" with Chris Larsen

From Adversity to Abundance

Play Episode Listen Later Apr 30, 2024 45:32


Chris Larsen is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on June 21, 2022) Episode 12 How Losing Loved Ones Early Propelled Real Estate Investor Chris Larsen to an Abundant, Impactful LifeYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Chris Larsen, the founder of Next Level Income, is an esteemed figure in the real estate investment domain, boasting a career spanning over 15 years. During this time, Larsen has strategically ventured into multifamily properties, self-storage units, and car washes, demonstrating a versatile investment portfolio. His journey is marked by personal adversity, including the loss of both parents and his closest friend, which has significantly influenced his approach to life and financial success. With a focus on resilience and transparency, Larsen shares his remarkable journey, offering profound insights into transforming hardship into prosperity. His dedication to facilitating financial independence for others, combined with his own compelling narrative, positions him as a prominent and influential voice in the real estate investment community."The earlier in life that you face a challenge, the stronger you are in the latter part of your life." - Chris Larsen"Begin your day with a gratitude practice and just think about what you're grateful for. No matter what you're going through today in your life this year, remember, there's always somebody out there that's in a worse position." - Chris LarsenBook and ResourcesMoney Insights for Sales ProfessionalsConnect with Chris LarsenWEBSITE: https://nextlevelincome.com/INSTAGRAM: https://www.instagram.com/thenextlevelincomeshow/LINKEDIN: https://www.linkedin.com/in/nextlevelincome/ATTENTION:Introducing Haven Financial Services - your trusted partner for streamlined accounting, expert guidance, and tailored strategies. Let's unlock your business's full potential together.Learn more: https://www.myfinancialhaven.com/jamiebateman/Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/FACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter III: “Strengthening your Voice” with Maricela Soberanes

From Adversity to Abundance

Play Episode Listen Later Apr 9, 2024 57:25


Maricela Soberanes is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on July 26, 2022 - Episode 18).You can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Maricela Soberanes, a principal at Up Plex Capital, an apartment syndicator, and an author, recently joined Jamie to recount her extraordinary path from poverty and scarcity in Mexico to achieving prosperity and abundance in America. She revealed that her journey into the realm of real estate commenced in 2006 with the modest investment in a single-family home. Since then, it has evolved into the ownership of multiple apartment complexes spanning approximately 2500 units across five states, alongside her husband.Their investments in apartments have not only yielded financial success but have also enabled them to positively impact the lives of countless individuals. By providing quality housing through their real estate ventures, they've contributed to the betterment of communities and the livelihoods of many. Furthermore, Maricela and her husband are dedicated to broadening their real estate and financial portfolios to establish generational wealth, ensuring a secure future for themselves and their descendants.Maricela's story serves as a testament to the transformative power of determination, perseverance, and strategic investment. It inspires others to pursue their dreams in the real estate industry and beyond, illustrating the potential for personal and societal advancement through entrepreneurial endeavors.“Be intentional, dream big, take action, and be grateful.” - Maricela Soberanes“Find mentorship and be in a community that is doing what you want to do.” - Maricela SoberanesConnect with Maricela SoberanesWEBSITE: https://smartlink.metricool.com/public/smartlink/up-plex-mainINSTAGRAM: https://www.instagram.com/the_immigrant_millionaire/FACEBOOK: https://www.facebook.com/POWERcelasoberanes/ATTENTION:Introducing Haven Financial Services - your trusted partner for streamlined accounting, expert guidance, and tailored strategies. Let's unlock your business's full potential together.Learn more: https://www.myfinancialhaven.com/jamiebateman/—Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/FACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter II: “A Holistic Transformation” with Matt Izzo

From Adversity to Abundance

Play Episode Listen Later Apr 2, 2024 50:28


Matt Izzo is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on June 14, 2022 - Episode 11).You can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Matt Izzo, the driving force behind Matt Izzo Fitness, brings a wealth of personal experience and insight to the table. Having successfully lost 75 pounds three times before finally maintaining his weight loss for over five years, Matt's journey is nothing short of inspiring. His positive mindset and genuine passion for helping others shine through as he now dedicates himself to guiding individuals on their own transformative fitness and weight loss journeys. With a focus on long-term success and a deep understanding of the challenges associated with obesity, Matt's story and expertise offer a beacon of hope and practical wisdom for anyone seeking sustainable change in their lives."Energy is more important than money. If you have energy, you can always make more money." - Matt Izzo"Progress is not always linear." - Matt IzzoConnect with Matt IzzoWEBSITE: https://linktr.ee/MattIzzohttps://www.menshealth.com/weight-loss/a27374499/weight-loss-simple-diet-changes-75-pound-transformation/LINKEDIN: https://www.linkedin.com/in/matt-izzo-a5538177/INSTAGRAM: https://www.instagram.com/mattizzo/TIKTOK: https://www.tiktok.com/@mattizzofitnessFACEBOOK: ​​https://m.facebook.com/MattIzzoFitness/TWITTER: https://twitter.com/mattizzo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5EauthorYOUTUBE: https://www.youtube.com/channel/UCLxK-MtC3Y52pyac_NIokagATTENTION:Introducing Haven Financial Services - your trusted partner for streamlined accounting, expert guidance, and tailored strategies. Let's unlock your business's full potential together.Learn more: https://www.myfinancialhaven.com/jamiebateman/—-Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/FACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Chapter I: “The Events that Shape a Character” with Fuquan Bilal

From Adversity to Abundance

Play Episode Listen Later Mar 26, 2024 42:36


Fuquan Bilal is one of the entrepreneurs featured in Jamie Bateman's Book - From Adversity to Abundance: Inspiring stories of Mental, Physical, and Financial Transformation. This is a republished episode (originally released on May 3, 2022) Episode 5: From a Life-Threatening Shooting and Millions Lost to Real Estate and Relationship Wealth with Fuquan BilalYou can buy Jamie's book here: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Fuquan Bilal is a multifaceted individual, excelling as an author, investor, and business owner, boasting a wealth of knowledge spanning various asset classes and investment strategies. At the helm of a blended fund, Fuquan spearheads initiatives that involve purchasing properties and implementing value-added strategies, thereby positively impacting communities across the United States. His company's investment portfolio encompasses multifamily properties, mortgage notes, single-family rehabs, among other ventures.However, Fuquan's journey to success hasn't been without its share of challenges. In 2001, he endured a harrowing experience when he was shot five times during a botched robbery. Surprisingly, Fuquan regards this incident as a pivotal turning point in his life, viewing it as the catalyst for a new direction. Subsequently, in 2008, he faced another setback, losing $2 million of his personal funds. Compounded by a divorce and custody battle, these trials tested Fuquan's resilience and fortitude.Remarkably, these adversities have instilled in Fuquan a profound sense of gratitude for life's simple pleasures, often overlooked amidst the pursuit of material success. They have also prompted him to embark on a journey of introspection, leading him to delve deeper into his core values and beliefs. As a result, Fuquan emerged from these challenges with a newfound perspective, one characterized by resilience, humility, and an appreciation for life's intrinsic blessings."Every adversity brings growth, so I embrace them like I'm the guy when a building is burning down, running towards the building, not away from it." - Fuquan Bilal"If it requires you to get up early, then do it. That's for you. Miracle morning. If you guys read that book, that's a great book. Also, if you can get that extra 2 hours in the morning to yourself, it's just a whole game changer." - Fuquan Bilal"Success is a daily optimized experience. If you can create every single day that's sustainable over time, that's success, an optimized daily experience." - Fuquan BilalBook and ResourcesPassion for Real Estate InvestmentsThe Obstacle Is the Way: The Timeless Art of Turning Trials into TriumphConnect with Fuquan BilalWEBSITE: https://nngcapitalfund.com/YOUTUBE: https://www.youtube.com/@FuquanBilal/FACEBOOK: https://www.facebook.com/fuquan.bilal.5TWITTER: https://twitter.com/NNGCapitalFundTIKTOK: https://www.tiktok.com/@fuquanbilalINSTAGRAM: https://www.instagram.com/fuquanbilal/https://www.instagram.com/nngcapitalfundofficial/LINKEDIN: https://www.linkedin.com/in/fuquanbilal/https://www.linkedin.com/company/nngcapitalfund/ATTENTION:Introducing Haven Financial Services - your trusted partner for streamlined accounting, expert guidance, and tailored strategies. Let's unlock your business's full potential together.Learn more: https://www.myfinancialhaven.com/jamiebateman/Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/FACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/

From Adversity to Abundance
The Power of Perseverance: Navigating the Chaos of an Early-Stage Business with BIFI CEO Jamie Bateman

From Adversity to Abundance

Play Episode Listen Later Mar 19, 2024 37:18


Hey there, struggling with the challenges of entrepreneurship? Ever been told to just push through and it'll all work out in the end? But let's face it, the struggle is real, and it's taking a toll on you. Sound familiar? You're not alone. It's time to shift gears and find a better way to navigate the ups and downs of business growth. Let's explore resilience and continuous improvement to power through the chaos and come out on top.In this episode, I was interviewed by my friend Justin Bogard. He is a prominent figure in the note industry with a remarkable entrepreneurial journey. From transitioning from a landlord to a note investor and now establishing himself as a leading entrepreneur, Justin brings a wealth of firsthand experience and practical wisdom to the table. His down-to-earth approach and resilience in overcoming challenges offer valuable lessons for fellow entrepreneurs navigating the complexities of the note industry.“I was looking like the dumb idiot who was just too stubborn to walk away and didn't want to admit defeat there for a little bit, it wasn't looking good. Just being real.” - Jamie Bateman“Creating a business is all about solving problems. And the day you're not solving problems or facing problems, then you're really not adding value. So what are you bringing to the marketplace?” - Jamie BatemanIn this episode, you will be able to:Mastering Resilience: Learn how to navigate challenges and achieve growth in entrepreneurship.Effective Communication: Discover the crucial role of communication in building a successful business.Navigating Regulations: Understand the ins and outs of federal regulations in loan servicing for a smoother entrepreneurial journey.Setting Up a Loan Servicing Company: Uncover the key insights and challenges in establishing a loan servicing company.Entrepreneurial Success Insights: Gain valuable perspectives on overcoming challenges and achieving success in entrepreneurship.Mastering ResilienceTo succeed as entrepreneurs, mastering resilience becomes an essential skill. Overcoming obstacles, adapting to new situations, and learning from mistakes form the crux of a thriving entrepreneurial journey. Justin Bogard's experience reinforces the maturing value of resilience, showcasing how it can lead to growth and long-term success in business.Books and ResourcesFrom Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLabrador Lending, LLCBIFI Loan ServicingBe the Bank PodcastHaven Financial:https://www.myfinancialhaven.com/jamiebateman/ATTENTION:Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/Follow From Adversity to Abundance PodcastFACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
From Green Beret to Real Estate Entrepreneur: Faith-Based Service with Quinn McArthur

From Adversity to Abundance

Play Episode Listen Later Mar 12, 2024 58:46


Imagine a former Green Beret sharing the unexpected secret to successful real estate investing. While his military background brings discipline, it's his values and faith that drive his decisions. Learn how this unconventional approach leads to long-term success and discover the surprising twist that sets his strategy apart. Ready to uncover the hidden power behind values-driven investing? Stay tuned for the unexpected journey that will change the way you look at real estate.My special guest is Quinn McArthurQuinn McArthur, a former Green Beret in the US Army and a West Point graduate, brings a unique blend of military discipline and values-driven approach to real estate investing. After dedicating a decade to military service, Quinn pivoted towards real estate development and capital raising for diverse projects. As the co-founder of the Legacy Land Fund alongside Eric Sharaga, his commitment to faith, family, and adding value to others shapes his purpose-driven investment strategies. With a focus on serving others and making a meaningful impact, Quinn's transition from the military to the world of real estate offers valuable insights and a compelling story for the listeners of the podcast.It's more than just the financial returns. It's really just kind of thinking through, it's the stewardship and the service piece as well. - Quinn McArthurIn this episode, you will be able to:Master real estate investing strategies for long-term success in wealth creation.Navigate career transitions with confidence and make informed decisions.Gain insights into the entrepreneurial journey and learn perseverance tips for success.Discover the impact of values-driven investing in real estate.Learn effective goal-setting and stewardship principles for financial growth.Real Estate Investing Strategies Quinn McArthur emphasizes the importance of dedicated research and due diligence in real estate investing. He advocates for the examination of potential partners' track records and execution abilities, as alignment in values and transparency are critical factors for success. Quinn's strategy showcases the significance of a meticulous and values-driven approach in real estate investments, leading to the cultivation of mutually beneficial partnerships and successful outcomes.Books and ResourcesCelebration of Discipline: The Path to Spiritual GrowthConnect with Dr. Robb KellyWEBSITE: http://www.apexcapitalre.comlegacylandfund.comEMAIL: info@legacylandfund.comCONTACT: 770.301.5591FACEBOOK: https://www.facebook.com/quinn.mcarthur.5INSTAGRAM: https://www.instagram.com/quinnmcarthur/LINKEDIN: https://www.linkedin.com/in/quinnmcarthur/Haven Financial:https://www.myfinancialhaven.com/jamiebateman/ATTENTION:Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/Follow From Adversity to Abundance PodcastFACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcastConnect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
From Military Service to Teen Mental Health: Navigating Life's Adversities with Jamie Bateman

From Adversity to Abundance

Play Episode Listen Later Feb 27, 2024 55:50


If you're feeling overwhelmed and lost in navigating your teenager's mental health crisis, seeking solutions that seem out of reach, then you are not alone! The struggle to find effective ways to support your teenager's well-being can leave you feeling isolated and helpless, despite your best efforts. It's time to stop the cycle of frustration and discover actionable steps that can make a real difference for your teenager's mental health. Let's explore effective strategies together to bring about positive change and resilience in your teenager's life.In this episode, Aaron Hale features Jamie Bateman as a guest on the podcast, delving into the challenging topic of mental health crises among teenagers. Drawing from his own experiences and personal journey, Jamie offers a candid and insightful take on supporting teenagers through mental health challenges. His practical strategies and genuine approach provide parents with valuable tools to navigate these complex situations, fostering an improved understanding and a sense of empowerment. Jamie's unique perspective and relatable storytelling make this episode a must-listen for any parent seeking guidance and support in the realm of teenage mental health.In this episode, you will be able to:Discover the transformative power of storytelling in overcoming adversity.Learn effective strategies for navigating challenging situations and fostering a positive mindset.Uncover the keys to resilience and mental well-being during teenage mental health crises.Explore the journey from adversity to abundance, finding happiness amidst challenges.Embrace the profound impact of human connection in overcoming life's obstacles.Even if this bad thing happens, I'll still be okay. I've been through bad things before. - Jamie BatemanIt's not a big commitment, but it goes a long, long way. Communicating with friends, family, God, if you believe in God, and then breath work are a few things you can do immediately to help navigate the day to day of a challenging situation. - Jamie BatemanAaron's Previous Episode:https://www.adversity2abundance.com/finding-culinary-and-real-estate-success-after-military-service-left-him-blind-and-deaf-with-aaron-hale/Connect with Aaron:WEBSITE: https://eodfudge.com/aaron-hale.htmlYOUTUBE: https://www.youtube.com/@pointofimpactpodcastLINKEDIN: https://www.linkedin.com/in/aaron-hale-1861477/INSTAGRAM: https://www.instagram.com/eodconfections/TWITTER: https://twitter.com/eodconfectionsFACEBOOK: https://www.facebook.com/EODconfections/TIKTOK: https://www.tiktok.com/@eodconfections?lang=enHaven Financial:https://www.myfinancialhaven.com/jamiebateman/ATTENTION:Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/Follow From Adversity to Abundance PodcastFACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcast Connect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Bipolar Disorder Can be a Superpower? Entrepreneurship and Mental Health with Andrew DeGood

From Adversity to Abundance

Play Episode Listen Later Feb 20, 2024 55:54


In the cutthroat world of entrepreneurship, success often comes at a cost. But Andrew DeGood's story takes an unexpected turn, revealing a hidden battle that threatened to unravel everything he had worked for. His story is a moving and impactful journey that sheds light on the mental health challenges faced by entrepreneurs.Jamie Bateman, the host of the From Adversity to Abundance Podcast, delves into Andrew's struggle with Bipolar II Disorder, which went undiagnosed for many years. Andrew's experience of navigating through high-performance periods, coupled with the burden of keeping his condition a secret, resonates with the audience on a deep level. The candid conversation between Jamie and Andrew offers a unique insight into the intersection of entrepreneurship and mental health, highlighting the challenges and the inspiring triumphs. Through Andrew's vulnerability and transparency, the audience gains a profound understanding of the impact of mental health on entrepreneurship, creating a relatable narrative that fosters empathy and understanding.In this episode, you will be able to:Mastering Mental Health Challenges in Entrepreneurship: Uncover strategies for thriving amidst challenges.Navigating the Impact of Bipolar Disorder Type Two: Understanding and managing its unique effects.Advocating for Mental Health: Embracing the power of advocacy for a healthier entrepreneurial community.Managing the Emotional Toll of Leading a Company: Building resilience and emotional well-being for successful leadership.Exploring the Intersection of Mental Health and Entrepreneurship: Understanding the dynamics to foster personal and professional growth.In the entrepreneurial world, things can change really fast. Don't compound what might be a problem by creating a much bigger problem. - Andrew DeGoodBooks and ResourcesMan Enough: Undefining My MasculinityBrain Energy: A Revolutionary Breakthrough in Understanding Mental Health--and Improving Treatment for Anxiety, Depression, OCD, PTSD, and MoreIdeaflow: The Only Business Metric That MattersConnect with Andrew DeGood:FACEBOOK: https://www.facebook.com/andrew.degood.9INSTAGRAM: https://www.instagram.com/adegoodLINKEDIN: https://www.linkedin.com/in/andrewdegood/Haven Financial:https://www.myfinancialhaven.com/jamiebateman/ATTENTION:Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow From Adversity to Abundance PodcastFACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcast Connect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
From Bankruptcy to Brilliance with Law-Firm Business Consultant Luis Scott

From Adversity to Abundance

Play Episode Listen Later Feb 6, 2024 46:49


Embark on the journey to eight-figure success as I, your dedicated host, uncover the key to sustainable growth and the central conflict of building an abundant business.In today's episode, Jamie Bateman brings on Luis Scott, the founder of eight figure firm Consulting, for an insightful chat. Luis shares his journey from battling through injuries, to experiencing a challenging divorce, and facing business failures. His story is a testament to resilience and growth, as he transitions from bankruptcy to achieving millionaire status within three years. Through his own hardships, Luis has cultivated a wealth of knowledge, emphasizing the power of transparency, vulnerability, and the ability to overcome adversity. He evokes a sense of relatability, highlighting the valuable lessons learned from painful experiences, which ultimately shape his entrepreneurial endeavors. Luis's journey is one of transformation, from adversity to abundance, and his story is sure to resonate with entrepreneurs seeking sustainable growth and success.In this episode, you will be able to:Master the art of personal growth and development to propel your business to eight-figure success.Uncover the essential strategies for building an eight-figure business and sustaining its growth.Explore the significance of self-awareness and continuous improvement in entrepreneurial success.Enhance your leadership skills by understanding the character traits crucial for business success.Harness the power of online presence and personal branding to elevate your business to the next level.It takes the amount of time that it takes for you to develop yourself into the person who is worthy of the business. Spend more time developing yourself and you'll get there a lot faster. - Luis ScottSpend all your time learning as much as you can. If you do that, you're going to be much more prepared in your thirties. - Luis ScottBooks and ResourcesIt Has to Hurt: Accepting Life's Harsh Reality, Finding Yourself along the Way, and Actually Enjoying the JourneyThe Nine Principles of Exponential GrowthThe Four Agreements: A Practical Guide to Personal FreedomThe Subtle Art of Not Giving a F*ck by Mark MansonConnect with Luis Scott:WEBSITE: https://luisscottjr.com/https://www.8figurefirm.com/YOUTUBE: https://www.youtube.com/@luisscottjrFACEBOOK: https://www.facebook.com/luis.scott.98INSTAGRAM: https://www.instagram.com/luisscottjr/LINKEDIN: https://www.linkedin.com/in/luis-scott-bader-law/TIKTOK: https://www.tiktok.com/@luisscott10PODCAST: https://podcasts.apple.com/us/podcast/the-guts-and-glory-show/id1546793433Haven Financial:https://www.myfinancialhaven.com/jamiebateman/ATTENTION:Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow From Adversity to Abundance PodcastFACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcast Connect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
From Military Officer to Mortgage Note Master: One Man's Journey to Entrepreneurial Freedom

From Adversity to Abundance

Play Episode Listen Later Jan 30, 2024 49:23


Join me, Jamie Bateman—as a guest on the Passive Income Attorney Podcast--as Iexplore the journey of transitioning from a W-2 employee to a full-time entrepreneur.From military discipline to building businesses in real estate and mortgage noteinvesting, the path to financial freedom is paved with hard work and perseverance. How did I do it? And how might you do it, too? Tune in to find out.In this episode, you will be able to:Discover the transformative power of discipline in sports.Explore Jamie's personal journey and entrepreneurship for inspiration.Master the art of transitioning to full-time entrepreneurship.Learn the secrets to building multiple streams of income.Uncover the potential of note investing as a cash flow strategy.I think just being afraid to that you have to be perfect. Right. So Iused to be an editor back in the day, and so many things wouldjust not get done or not get completed within our team, ourorganization, because it had to be perfect. - Jamie BatemanEmbracing discipline for triumphTo successfully transition to full-time entrepreneurship, a disciplined approach is crucial.Lessons from previous experiences such as team sports or services like the militaryoften instill a level of discipline that can be effectively transferred into entrepreneurialventures. This discipline, when applied consistently, fuels entrepreneurship andelevates one's chances of financial freedom.The resources mentioned in this episode are:Check out the From Adversity to Abundance Podcast to hear more inspiringstories and gain practical knowledge from founders who have turned adversityinto abundance.Visit labradorlending.com to learn more about mortgage note investing andexplore opportunities to invest passively in note funds for potential monthlyreturns.Get a copy of the book From Adversity to Abundance Podcast to dive deeperinto the stories and insights shared on the podcast.Consider implementing breath work into your daily routine for improved mentaland physical well-being. It only takes 10 minutes a day and can have a significantimpact.Create a vivid vision for your life in the next three to five years and reverse planto take actionable steps towards achieving your goals.Books and ResourcesThe Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful BusinessesConnect with Seth Bradley:LINKTREE: https://linktr.ee/sethbradleyFACEBOOK: https://www.facebook.com/sethpaulbradleyINSTAGRAM: https://www.instagram.com/passiveincomeattorney/LINKEDIN: https://www.linkedin.com/in/sethpaulbradley/EMAIL: seth@passiveincomeattorney.comConnect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow From Adversity to Abundance PodcastFACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/@FromAdversity2AbundancePodcast Connect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjamesATTENTION:Unlock the secrets to a transformative life with “From Adversity to Abundance: Inspiring stories of Mental, Physical and Financial Transformation”. Buy your copy now and embark on a journey from challenges to triumphs!AMAZON: https://www.amazon.com/dp/B0CGTWJY1D?ref_=pe_3052080_397514860

From Adversity to Abundance
Mindset from the Military: Jamie Bateman's Lessons for Navigating Adversity

From Adversity to Abundance

Play Episode Listen Later Jan 2, 2024 33:26


Dive into another episode packed with insights and inspiration on the From Adversity to Abundance Podcast. In this New Year's special episode, our very own Jamie Bateman, combat veteran, former Army officer and our Podcast Host, shares a personal journey of overcoming challenges and transforming perspectives into positivity.Key Takeaways:1. Own Your Situation: Embrace ownership without self-blame. Recognize where you are and commit to navigating it. Avoid a victim mentality for your best interests.2. Even If Mentality: Shift from "what if" to "even if." Instead of dwelling on worst-case scenarios, focus on action plans and strategies, fostering a proactive and empowered mindset.3. Take the Long-Term View: Acknowledge that hardships are inevitable. Understand challenges as part of a broader journey, gaining perspective and strength to navigate tough times.4. Communicate and Ask for Help: Don't bury your head in the sand. Actively communicate with lenders and seek advice from those with shared experiences, leveraging the power of support.5. Gratitude and Perspective: Maintain gratitude and perspective when facing difficulties. Recognize challenges as one part of your life story. Focus on the bigger picture with a portfolio view.Connect with DJ Olojo & The Foreclosure FixLINKEDIN: https://www.linkedin.com/in/djolojo/FACEBOOK: https://www.facebook.com/djolojorealestateINSTAGRAM: https://www.instagram.com/dj_olojo/YOUTUBE: https://www.youtube.com/@TheForeclosureFixConnect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow From Adversity to Abundance PodcastFACEBOOK: https://www.facebook.com/profile.php?id=100089126144055INSTAGRAM: https://www.instagram.com/adversitytoabundancepodcast/LINKEDIN: https://www.linkedin.com/company/89949391/admin/feed/posts/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Connect with JamieBOOK: From Adversity to Abundance: Inspiring Stories of Mental, Physical, and Financial TransformationLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

Paperstac Podcast - Note Investing Weekly
EP107: My First Note Purchase With Jamie Bateman

Paperstac Podcast - Note Investing Weekly

Play Episode Listen Later Aug 15, 2023 28:10


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From Adversity to Abundance
From Employee to Founder with Small Business Accounting Expert Khristine Valdez

From Adversity to Abundance

Play Episode Listen Later Jul 25, 2023 56:21


Have you heard these myths about achieving financial abundance? Myth #1: All you need is a high income to become financially successful. Myth #2: Budgeting restricts your financial freedom. Myth #3: Investing is only for the wealthy. In reality, achieving financial abundance requires control and conscious decision-making. Our guest, Khristine Valdez, will share the truth about how small business owners can increase financial mindfulness and make smarter decisions to improve their financial control. Get ready to debunk these myths and learn actionable steps toward financial abundance.In this episode, you will be able to:Have an idea of the bookkeeping service that Khristine Valdez's company can provide for your business needs.Use Haven Financial's reporting services to gain insights into your business's financial health.Master critical financial management skills every entrepreneur needs to succeed.Grasp the importance of organized bookkeeping to maintain your business's financial well-being.Tackle obstacles head-on with innovative marketing approaches tailored for your business.Unlock the secrets to achieving financial abundance through calculated choices and mindfulness.Learn how to maintain harmony between personal connections and professional ties in the business world.Realize the crucial role clear bookkeeping plays in sustaining a healthy business.Our guest for this week is Khristine Valdez, a talented accountant and seasoned entrepreneur who launched her own business, Haven Financial, to bring financial abundance and control to small business owners everywhere. Khristine's journey started in the corporate world, climbing the ladder to CFO positions before deciding to pursue true freedom and establish her own company. Her experience and understanding of the financial landscape enable her to provide invaluable advice on how gaining better control of finances can lead to smarter decision-making for business owners.“It's not a sprint. Understanding that it's going to take time and not putting so much pressure on yourself, I think is a big thing. And, understanding what is it that you want out of being an entrepreneur and making that happen.” “Pretend you're signing on a new client and walk them through every single step of the process and as if you were that client from beginning to end, and then look at every single piece that needs to be developed along the way. Whether it's accounting or not. Really, that's just a matter of empathy and putting yourself in the client's shoes. Trying to understand their perspective.”Tips for Hiring Virtual AssistantsVirtual assistants can be an excellent resource for small business owners looking to improve their operations. When hiring virtual assistants, entrepreneurs should treat them like local employees, conducting thorough interviews and providing appropriate compensation. It's also crucial to establish trusting working relationships and maintain clear communication. Khristine Valdez shared her experience with building an overseas team, highlighting the positive impact that virtual assistants had on her company. Despite initial challenges, she adopted a transparent approach to managing her team, ensuring that everyone was treated fairly and with respect. Her experience with virtual assistants can serve as an inspiration to other entrepreneurs looking to leverage the talents and skills of remote workers.What is Haven Financial?Haven Financial is an outsourced accounting services firm that specializes in offering small business owners comprehensive bookkeeping and reporting solutions. Their primary focus is on supporting individual entrepreneurs, particularly those who are investing in second or third businesses. Haven Financial aims to help business owners achieve better financial control and make more conscious decisions about their finances. During her conversation with Jamie Bateman, Christine Valdez shared her own journey from the corporate world to founding Haven Financial. Through her experiences, she gained an understanding of the importance of time freedom and control of her schedule, and this reflects in the services her company offers. She discussed her dedication to supporting small business owners by providing them with invaluable tools and insights to manage their finances effectively.Bookkeeping SolutionsEffective bookkeeping is essential for understanding the financial health of a business. It helps entrepreneurs track their income and expenses, identify trends, and make informed decisions about their business's future. Outsourcing bookkeeping services can provide business owners with expert support and insights, allowing them to focus on their core competencies. Christine Valdez's company, Haven Financial, offers bookkeeping solutions tailored to small business owners' unique needs. She discussed the benefits of outsourcing bookkeeping services, including better financial control and the ability to make more conscious financial decisions. For entrepreneurs looking to improve their business's financial health, engaging the services of a professional bookkeeping firm like Haven Financial can be a crucial step forward.Books and Resources Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad OnesThe Fountains of SilenceThe Giver of Stars: A Novel Connect with Khristine Valdez: WEBSITE: www.myfinancialhaven.comLINKEDIN: https://www.linkedin.com/in/khristine-valdez-207a5312/INSTAGRAM: https://www.instagram.com/khristine.valdez/ Connect with us WEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Connect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Going on the Offensive: How Robert Napolitano Crushed Bankruptcy and Helps Others Build Wealth with Alternative Assets

From Adversity to Abundance

Play Episode Listen Later Jul 18, 2023 58:52


From rags to riches and back again, Robert Napolitano's story is the ultimate tale of resilience. The sudden loss of everything he had worked so hard for left him feeling like a complete failure. But with the support of his loved ones, he picked himself up and learned valuable lessons from his failures. Today, he enjoys the freedom that his renewed success has brought while prioritizing his family's needs. Join us as we explore his journey and discover how embracing failure can lead to new opportunities. Don't miss out on this inspiring tale of learning from mistakes and investing for freedom.In this episode, you will be able to:Unearth effective methods to tackle adversity and excel in your business pursuits.Examine the advantages of acknowledging failure and fostering resilience in your career.Unveil the impact of passive income on safeguarding your finances and securing a stable future.Consider investing in Robert's private note fund or live settlement fund to potentially benefit from his expertise in the debt industry.Check out Grit Partners, the company founded by Robert Napolitano, which specializes in mortgage note investing and real estate investing.Comprehend the key role of diligence in handling your business dealings and investments.Tap into lessons learned from missteps to embark on a journey toward financial liberation.Learned how he turned his bankruptcy into financial abundance and built a $25M fundMeet Robert Napolitano, a dedicated father and successful entrepreneur with over 20 years of experience in the mortgage banking and real estate industries. Having weathered the harsh financial storms of the past, Robert has learned the invaluable lesson of embracing his failures to push through challenges and create a life of abundance. As the founder of Grit Partners, he has touched over $1 billion worth of debt, providing positive benefits for his investors and homeowners alike. Through his journey, Robert has discovered the power of resilience and the importance of investing for freedom. “And so we measure our success in failure. So I don't subscribe to the mindset of don't do things wrong, don't take risks, stay away from failure. No, it's okay to fail. Embrace it, learn from it.” “Failures don't have to stay as failures. There are successes if you look beyond them. So don't let it go to waste. You need to look through these roadblocks and this adversity to see the solution on the other side. As long as you can keep moving forward, you will get to the other side always.”Financial Abundance and Freedom: Investing for a Better TomorrowPursuing financial abundance and freedom allows entrepreneurs and investors to create a life that affords greater flexibility and control over their future. This goal shouldn't be about accumulating wealth alone; instead, focus on making smart investments to accumulate resources efficiently and effectively. Investing for the future enables one to conquer both short-term concerns and long-term aspirations, maximizing their potential for a fulfilled life. In his conversation with Jamie Bateman, Robert Napolitano discussed his views on financial success and the importance of investing for freedom. He emphasized the need to adapt in an ever-changing world and to target investments that offer greater flexibility and autonomy. Robert's advice to invest for freedom is essential for those looking to create financial stability, achieve their dreams, and leave a lasting legacy. The Birth of Responsibility: Taking Ownership for SuccessAssuming personal responsibility is a vital aspect of achieving success and overcoming adversity. But, understanding the need to own your actions and decisions can serve as a turning point, providing motivation and the impetus for positive change. By taking responsibility for their choices, entrepreneurs and investors can become more accountable, enhancing their personal and professional lives. During the podcast, Robert Napolitano spoke about how taking responsibility for his children inspired him to renew his faith and become a more responsible parent and fiduciary for investors. This sense of responsibility spurred Robert on to rebuild his financial position and create a more secure future for his family and clients. Embracing responsibility is a key aspect of personal development that builds resilience and helps drive success. Risk Management: Mitigating Risks for Successful InvestingProper risk management is essential for successful investing, particularly in distressed real estate and passive income generation. Rather than avoiding or ignoring potential risks, entrepreneurs and investors should seek strategies to effectively manage or mitigate them. This proactive approach better prepares them for uncertain circumstances and enhances the potential for long-term success. In his conversation with Jamie Bateman, Robert Napolitano stressed the importance of focusing on risk management. Drawing on his own experiences of financial adversity, Robert offered valuable insights on harnessing potential risks and using them to create profitable investment opportunities. His life settlement fund, which complements his distressed real estate investments, exemplifies this focus on mitigating risk and safeguarding investors while pursuing financial growth. Books and Resources Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series)Tell to Win: Connect, Persuade and Triumph with the Hidden Power of StoryInfluence: The Psychology of Persuasion (New and Expanded)Principles: Life and Work The Banker's Code ~ The Most Powerful Wealth-Building Strategies Finally Revealed Connect with Robert Napolitano: LINKEDIN: https://www.linkedin.com/in/therealrobnap/WEBSITE: https://www.gritrust.com/EMAIL: brilliant@capturingtomorrow.com Connect with us WEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Connect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Overcoming Fear and Creating a Life of Fulfillment: Wealth Strategist Justin Maxwell's Journey

From Adversity to Abundance

Play Episode Listen Later Jul 4, 2023 59:49


Join tax and wealth strategist Justin Maxwell as he shares his journey from playing it safe to finding passion and fulfillment through entrepreneurship. Discover how Justin overcame his fear of failure to help small business owners keep more of their money and make intentional investment decisions. If you want to save money and make your money work for you, all while adding more value to your community, then this episode is perfect for you.In this episode, you will be able to:Uncover unique wealth-building approaches tailored for small enterprise ownersBe motivated and inspired to triumph over the dread of failure and become an unwavering entrepreneurObtain little-known tax and investment insights towards your financial journeyGet to know Justin Maxwell, a skilled tax and wealth strategist, who focuses on helping small business owners retain and grow their profits while making conscious decisions about their investments. After years of successfully saving entrepreneurs millions of dollars in taxes and unnecessary expenses, Justin has become a trusted advisor to many business owners around the country. Join us as he discusses his journey of overcoming the fear of failure in entrepreneurship. With Justin's unique perspective on tackling this common fear, listeners will gain valuable advice on facing their own anxieties to reach their full potential in both their personal and professional lives.“You have to create a creative, abundant type mindset of problem-solving. Even if you're a logical person like myself, you can still be creative with your problem-solving. And I think that's needed as an entrepreneur.”“You have a lifetime to live life and achieve everything you're doing. So you can put your business on pause for a day and go spend time with your family and you're going to be just fine because there's not an end goal. It's your life you're living and you don't have to measure yourself from other people's success.”“So the money is not important, but you still need money to experience life, to have the finances, to have powerful relationships, to have good health, to even typically, oftentimes to have a good relationship with whatever faith you're involved in. If that's not solved, all those things typically suffer.”Adversities Justin had to overcome:· Fear of failure· Settling into his “comfort or safe zone” only· Not brave enough to live up to his true full potential· Marriage challengesAbundance Justin created:· Being intentional about what he really wanted to achieve· Was a school teacher· Had a Master's Degree· Being a tax and wealth strategist with a primary focus on helping the small business owner/s keep more of the money they're making and then make deliberate decisions about where they put it so they can grow it safely and maximize their valueLessons from Justin's adversities· Take risks and push beyond the point of failure in order to realize your full potential· Invest in education or resources· Prioritize intentional reflection and goal setting in order to create a fulfilling and purposeful lifeEfficiency in Wealth ManagementEffective wealth management is crucial for entrepreneurs and individuals who wish to maximize their financial potential and live a life of abundance. An efficient approach to managing finances includes intentional planning, careful investments, and continuous monitoring to ensure alignment with short and long-term financial goals. In his conversation with Jamie Bateman, Justin Maxwell discusses the importance of managing wealth effectively, an integral aspect of his work at Big Life Financial. Justin's team helps clients identify tax-saving opportunities, make strategic investments, and be more deliberate about allocating funds to various aspects of their lives. This efficient approach to wealth management has allowed their clients to enjoy the benefits of pursuing both their personal and professional goals without sacrificing financial stability and security.Finding Fulfillment in WorkIn today's fast-paced world, finding fulfillment in our careers is essential to our overall well-being. Working merely for monetary reasons prevents us from realizing our full potential and can lead to dissatisfaction and burnout. Instead, pursuing fulfilling work that aligns with our passions, strengths, and values can help us achieve long-term success and happiness. Justin Maxwell's story highlights the importance of finding work that provides satisfaction and a sense of accomplishment. His exploration of various career paths eventually led him to discover his passion for finance and numbers. By focusing on his strengths and interests, Justin was able to build a successful business centered around helping others achieve financial success. His story serves as an inspiration and reminder that the quest for fulfillment in our work is a worthwhile endeavor.Books and ResourcesBook Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and SellingConnect with Justin Maxwell:WEBSITE: https://www.biglifefinancial.com/LINKEDIN: https://www.linkedin.com/in/justinmaxwelltaxspecialist/Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Connect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

The JK Experience with Josh Kalinowski
What If < Even If (ft. Jamie Bateman)

The JK Experience with Josh Kalinowski

Play Episode Listen Later Jun 28, 2023 35:27


Adversity will inevitably come our way whether we are ready for it or not. How we handle it and grow through it will set us apart from others. Listen to Jamie Bateman walk you through how you can overcome adversity and live a life of abundance.

From Adversity to Abundance
From Infidelity and Scarcity to Family and Abundance with Business Mom Maureen McCann

From Adversity to Abundance

Play Episode Listen Later Jun 27, 2023 56:24


In this episode of the From Adversity to Abundance podcast, host Jamie Bateman interviews Maureen McCann, co-founder of Spartan Invest and Atlas Real Property. Maureen shares her journey from being a W2 employee to becoming an entrepreneur and the ups and downs that came with that decision and the challenges she faced along the way. She also talks about her passion for fitness and building a business, as well as being a super mom to her three kids. This inspiring conversation offers hope and encouragement to listeners who may be considering a similar path. “I have learned this, that if you have a plan B, then you don't really execute on plan A right. You've always got that little safe.” "Everything that you want is on the other side of everything that you fear. It is just doing it anyway." "You constantly have to be one-upping yourself." “It comes from that burning desire from within to really want to do something different, um, really want to take action.” "If your money, wherever it is now in your ETFs or your 401k or IRA, if it's not earning more than 11%, you're growing broke slowly." “When you have a, when you can live a financially worry-free life, not to worry about paying your bills because you've got steady streams of income coming in that cover your monthly expenses and then some, then you get to live your passionate life.”“I have learned in business that if you do what you say you're going to do, you will have success.” Adversities Maureen had to overcome:· Having a scarcity mindset onset when she decided to start her own business· She experienced divorce while starting up her first company and 3 kids all under the age of 5· Serious financial struggles to the point that she doesn't have any money left in her account to pay her taxes (or even groceries)· Dealt with the infidelity of her husband and found out that he has a hidden child outside marriage· Growing up in a not-wealthy family· Leaving her pharmaceutical job and all its benefits to earn on a commission-basis onlyAbundance Maureen created:· Juggled out starting her real estate business and being a single mom· Being able to use her adversities as motivation to pursue life goals· Putting up your very intentional self about what you wanted to achieve· Was able to invest in herself in order to get closer and equipped for the success that she wants· Started with 30 properties to now almost 2100· Achieving a revenue of about $60M last yearLessons from Maureen's adversities:· Transitioned into an abundance mindset· Learned that if you want to get something different, you have to be able to do something different· Got curious enough to force her to take a leap of faith and action toward her goalMaureen McCann shares her journey of transitioning from a scarcity mindset to an abundance mindset. She explains that she had to reprogram her mindset by replacing old ways of thinking with new thoughts and wiring. To achieve this, she recommends reading books and taking action, including reading Carol Dweck's Mindset. McCann's story highlights the importance of changing one's mindset to achieve success and happiness in life.McCann also emphasizes the importance of doing one's job well, even if it's not their dream job. She shares her experience of working as a pharmaceutical rep and how she listened to the doctors she was selling to, which led her to invest in rental properties and start her own real estate investment company. She encourages listeners to pay attention to the people around them and understand their motivations and interests, as this can lead to unexpected opportunities.Overall, this episode emphasizes the importance of changing one's mindset and paying attention to the interests and motivations of those around them to achieve success and happiness in life.Books and ResourcesMindset: The New Psychology of SuccessConnect with Maureen McCann: WEBSITE: https://spartaninvest.com/LINKEDIN: https://www.linkedin.com/in/maureen-mccann-b1b2a825/FACEBOOK: https://www.facebook.com/SpartanInvestINSTAGRAM: https://www.instagram.com/spartaninvest/LINKTREE: https://linktr.ee/spartaninvest?fbclid=IwAR0fQ4LcxC6cHr6p9vi261M3O5MiTfbXnQcDUMYOuzK4ytUZW8Gy8H7MtLcConnect with us WEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Embrace Failure and Transform Your Life: Performance Coach Jim Harshaw's Journey

From Adversity to Abundance

Play Episode Listen Later Jun 20, 2023 59:36


From overcoming failure to achieving success, hear the inspiring journey of personal performance coach and speaker, Jim Harshaw. But just when it seems like he's achieved his ultimate goal, something unexpected happens, leaving him with a difficult decision to make. Don't miss this incredible story that will have you on the edge of your seat.In this episode, you will be able to:Understand the critical connection between a strong mindset and bigger goalsShifting your focus on being present in the moment rather than the outcomeHaving standards and streamlined processes can help advance your businessEmbrace the lessons within setbacks, have clear goals with core values, and cultivate confidence in yourselfUnderstand the importance and criticality of identifying the ideal client that your business would want to target or serveMeet Jim Harshaw, an inspiring individual with a background in wrestling and coaching. As an NCAA Division One All-American athlete and the youngest Division One head wrestling coach in the country, Jim knows a thing or two about perseverance and hard work. He's also an internationally recognized TEDx speaker and a personal performance coach, guiding others to align their goals with their values and embrace failure for growth. Jim's down-to-earth approach and relatable story make him a perfect guest for those striving for success in athletic and personal endeavors.“If you focus on that outcome versus just fully being present in the moment and bringing every ounce and every fiber of your soul and your being into that moment, then you can perform at your best.”“When we take the focus off of ourselves and put it onto others, that's when the best version of us shows up.”“Believe. Stop doubting yourself. Doubt the doubters, not yourself.”Adversities Jim had to overcome:· Losing a tournament that might have catapulted his career faster· Not fully believing in yourself· Unable to navigate fully in putting up a business that resulted in it being shut down· How he got affected mentally and emotionally (his entrepreneur relationships and his marriage)· Financially challenged due to business failuresAbundance Jim created:· NCAA Division One All-American athlete· Being the youngest Division One head wrestling coach in the country· Internationally recognized TEDx speaker· Be able to put up several start-up businessesLessons from Jim's adversities· Being able to believe in yourself, your true potential and seeing the big picture· Learning to give up on the outcome or things you can't control and letting go of failureFour (4) things that were in place then that allowed Jim to perform through failure: 1. Be clear on what success looks like2. Have goals aligned with your values3. Environment of excellence4. Have a plan to follow throughIdeal ClientIdentifying one's ideal client is crucial for any business owner, coach, or entrepreneur. It helps in tailoring products, services, and marketing efforts to effectively reach and engage the target audience. By understanding the unique needs and desires of ideal clients, businesses can create an enhanced customer experience and build long-lasting relationships. Jim Harshaw revealed that his ideal clients are athletic-minded, goal-oriented individuals between the ages of 35 and 55 who believe they have untapped potential. As an executive coach, Harshaw helps these clients achieve clarity on their goals, devise measurable plans, and guides them towards success. His approach illustrates the importance of understanding and catering to the specific needs of one's target audience to create a significant impact and foster growth.Keys to Success and FailureUnderstanding the factors contributing to success and failure is essential for growth and improvement. Success typically stems from an unwavering belief in oneself, setting goals that align with personal values, being surrounded by excellence, and having a clear vision and plan. To address failure, it is crucial to embrace setbacks, learn from mistakes, and use the experience as a stepping stone towards success. Jim Harshaw offered valuable insights on this topic during his interview with Jamie Bateman. He shared that there were four critical factors that allowed him to perform through failure and achieve success – clear vision, goal-setting, an environment of excellence, and a solid plan. Harshaw's story highlights the importance of understanding and applying these key concepts to overcome challenges and reach one's full potential.Letting Go of the OutcomeFocusing solely on outcomes can lead to unnecessary pressure, anxiety, and self-sabotage. It is vital to detach from results and concentrate on the process in order to perform at one's best. To do this, individuals can practice staying present in the moment, avoiding self-centeredness, and placing their attention on others. These techniques can create a more fulfilling experience and steer people away from the potential pitfalls of journeying only for reward. Jim Harshaw spoke about the importance of letting go of the outcome in both sports and public speaking. He found that staying present and focusing on others helped him perform better and reduced his anxiety. For example, by concentrating on the speaker before him rather than rehearsing his speech, Harshaw remained grounded in the moment. His experience underscores the benefits of staying present and allocating focus to the here and now.Books and ResourcesHow to Win Friends and Influence PeopleBuilt to Last: Successful Habits of Visionary Companies (Harper Business Essentials) Recommended episode from Success Through Failures Podcast:#216 My Last Day: How and Why I Quit My Job When There Was a Lot on the LineConnect with Jim Harshaw: WEBSITE: https://jimharshawjr.com/LINKEDIN: https://www.linkedin.com/in/jimharshaw/PODCAST: Success Through Failure PodcastFACEBOOK: https://www.facebook.com/profile.php?id=1136934370INSTAGRAM: https://www.instagram.com/jimharshawjr/TWITTER: https://twitter.com/jimharshawConnect with us WEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/ Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Navigating Career Change: From Military Prosecutor to Real Estate Lawyer to Entrepreneur with Brian Gallagher

From Adversity to Abundance

Play Episode Listen Later Jun 13, 2023 64:18


On this week's episode, we have Brian Gallagher, a dedicated attorney with a focus on real estate and the note industry, who has garnered extensive experience in his field over the past 15 years. Learn how Brian started his military attorney journey, transitioned to a civilian attorney, and recently started his own firm. Brian's practice focuses on real estate and note investors, as well as contract law. Join us for this episode and be motivated to take your career to the next level as a professional or take that leap of faith and venture into entrepreneurship.In this episode, you will be inspired by Brian's story and learn more about legal services that his firm offers. We cover:How to deep-dive into what your passion is and focus your growth;How not to be afraid to try different paths;How to foster an environment that addresses positive mental health;Relatable experiences about career transitions;Brian's decision to become an entrepreneur;Brian's firms services.Brian Gallagher's journey began with a military background, working as a prosecutor in the Air Force and handling significant cases that ultimately shaped his career. As a former partner at a 30-attorney firm in Annapolis, Brian recently branched out on his own, establishing a solo practice. Adept at building organic client relationships, he credits his success to strategic networking and genuine connections. Brian's approach emphasizes the importance of quality over quantity in the realm of professional relationships.“But you got to find that line between on one side, you got to be uncomfortable, push your boundaries, learn new things, get a little bit scared, but obviously not throw caution to the wind.”“America runs on small business, and maybe that's not for everybody, but think you would be doing yourself a service if you approached your job, trying to position yourself to have the option of starting your own business, meaning not being entirely reliant on others for work.”Adversities Brian had to overcome:· Being exposed to TB had him take heavy medicines· How his mental health got affected after his deployment in IraqAbundance Brian created:· Was able to represent Air Force as a prosecutor· Landed several offers to practice law after resigning from the military· Was a partner at 30 attorney law firms for 12 years prior to branching out solo· Successfully launched his own law firmLessons from Brian's adversities· Having a clear vision of what he really wanted to do and finding your purpose· Being prepared and open to challenges that might arise on both personal and professional aspectsTransitioning from Military Service to Civilian LifeTransitioning from military service to civilian life can be particularly tough, as veterans are faced with adjusting to a new lifestyle and career trajectory. Finding a sense of purpose in your new life is essential, as well as seeking help and support when needed. Be open to transformative experiences and the lessons they bring, as they can guide you in finding your next steps in life. Brian Gallagher shares his personal experience of transitioning from the U.S. Air Force to civilian life, including the challenges he has faced in adjusting to a new career and lifestyle. He emphasizes the importance of seeking help for mental health issues, despite the continued stigma in military circles, and how therapy has played a crucial role in his journey of self-discovery and growth.Starting Your Own BusinessThe decision to start your own law firm can be both rewarding and challenging. To succeed, it's essential to have a clear vision and a strong support system in the form of mentors and colleagues. Seek balance in life and remain motivated to learn and adapt as your business grows. Also, be prepared for challenges that come with running a small business, such as accounting and hiring decisions. In the interview with Jamie Bateman, Brian Gallagher details the process of starting his own law practice and the complexities he had to navigate. He emphasizes the vital role of having a supportive network of mentors and colleagues who provided invaluable guidance along the way. Gallagher also stresses the importance of balancing work and personal life, even when the demands of managing a business can feel consuming. Books and ResourcesThe Monk Who Sold His Ferrari: A Fable About Fulfilling Your Dreams & Reaching Your DestinyThe 5AM Club: Own Your Morning. Elevate Your LifeConnect with Brian Gallagher: WEBSITE: https://briantgallagherlaw.com/LINKEDIN: https://www.linkedin.com/in/brian-gallagher-48634b24/EMAIL: Gallagher@BriantGallagherlaw.comConnect with us WEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
From Rags to Riches in 1 Year: Unlock Your True Potential with Speaker and Best-Selling Author Jim Britt

From Adversity to Abundance

Play Episode Listen Later Jun 6, 2023 67:00


From 15 cents in his pocket to a millionaire in one year, Jim Brit shares his discovery of the core belief system that keeps us stuck and how to overcome it.In this episode, you will be inspired and motivated to:Eliminate limiting beliefs to unlock unparalleled achievement.Develop a resilient attitude with six key mindset practices.Embark on a journey of introspection and substantiated decision making.Nourish your thought process and cultivate pathways to success.Channel the energy of intention and visualization to attain your dreams.Meet the inspiring Jim Britt, a seasoned professional speaker and founder of Cracking the Rich Code. With an astonishing 44 years of experience, Jim has captivated audiences across 30 countries, helping them break free from limiting beliefs. His expertise lies in assisting people to uncover and detach from the core beliefs that hinder their success. Despite coming from a humble background, Jim has built a thriving career as an entrepreneur and has positively impacted countless lives through his transformative coaching. Jim was mentored by Jim Rohn and his best-selling book Cracking the Rich Code was endorsed by Tony Robbins.“If you want change in your life, if you want something better, if you want to earn more money, if you're an entrepreneur, the first thing you have to have is a desire to change. And that's got to be a burning desire, not just a passing thing that, well, one day I'm going to do this. I'm talking about that burning desire.” “And what I learned is that if you want to accomplish something more than what you already have, you've got to do something more than who you are. In other words, every life level, every business level, every income level requires a different you, requires a different mindset. You see, it's a different mindset to go buy a Chevy Vega versus Lamborghini.”Six (6) Elements that are Central to the Mindset of Becoming Successful:1. Have a deep desire to change2. Make a decision3. Take action4. Being willing to feel uncomfortable, being willing to step out of that comfort zone and become somebody different5. Learn to let go6. The resourceful to source, to love. Source equals love, and then love is what creates that passion, which really kind of starts the process all over againAdversities Jim had to overcome:· Raised in a poor family· Was forced to work at an early age (as early as six years old)· Had to go through 23 different banks for a $4000 loan to be approved· Experienced home foreclosure, repossessed both vehicles, no food on the table and only had 15 cents on his pocket -- all these with having a wife and a childAbundance Jim created:· Successful professional speaker for 44 years· Best-selling author of several books· Established coaching career for about 40 years· Became a millionaire in just 1 yearLessons from Jim's adversities· Discovering we all have a core belief about ourselves that acts as an anchor that keeps us stuck. And sometimes we have a core belief that moves us forward as well. He focuses on the ones that keep us stuck. (And the problem with it is people don't know that they have it.) Decision - committing to the goalCommitting to a goal is a pivotal step in the journey towards success. Once a clear objective has been identified, it is essential to make a firm decision to achieve it. This commitment acts as a guiding force and keeps individuals focused on their goals even in the face of adversity. Strong decision-making skills are vital for all entrepreneurs, as they help to streamline actions and prioritize resources in support of the desired outcome. Jim Britt highlighted the significance of commitment throughout his conversation with Jamie Bateman. He shared how unwavering dedication and determination played a key role in his ability to achieve extraordinary results, even when faced with seemingly insurmountable challenges. Jim emphasized that successful individuals must leave no room for doubt, excuses, or escape routes once they have made a decision. By adopting this mindset, they can overcome obstacles and stay on course towards achieving their goals.Being Resourceful - finding a source of love from which to build your successResourcefulness is a valuable quality for entrepreneurs, enabling them to harness their creativity, ingenuity, and adaptability. By leveraging available resources, whether financial, human, or intellectual, and drawing on a foundation of love and belief in oneself, individuals are better equipped to find solutions to problems and forge new pathways toward success. This mindset fosters a sense of abundance and possibility that propels entrepreneurs to achieve their goals. In his podcast appearance, Jim Britt emphasized the importance of being resourceful on one's journey to success. He shared how his own belief in his abilities and aspirations enabled him to access resources and support, which facilitated his rise from humble beginnings to notable accomplishments. Furthermore, Jim stressed the importance of surrounding oneself with a network of loving, supportive people, as this nurtures a positive environment where resourcefulness can thrive. By cultivating resourcefulness and harnessing the power of love, individuals can propel themselves towards success with determination and resolve.Books and ResourcesCracking the Rich Code (Vol 1): Entrepreneurial Insights and strategies from coauthors around the worldThe EntrepreneurDirecting the Movies in Your Subconscious mindRings of TruthConnect with Jim Britt:WEBSITE: https://jimbritt.com/LINKEDIN: https://www.linkedin.com/in/jim-britt/FACEBOOK: https://www.facebook.com/jimbritt123For Coaching Services: https://jimbrittcoaching.com/If You Want to Become a Co-author: https://jimbrittcoaching.com/beacoauthor/ Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

From Adversity to Abundance
Overcoming Addiction and Financial Struggles to Launching a Successful Web Design Business with CEO Justin Rule

From Adversity to Abundance

Play Episode Listen Later May 16, 2023 59:53


Justin Rule is an entrepreneur with big dreams, but his journey to success has been anything but easy. After overcoming a difficult past, he's determined to help others do the same. However, when he and his partner are let go from their jobs, they must make a choice: will they risk it all to fight for their dreams? Or will they remain in the safety of a steady job?In this episode, you will be inspired to:Transform your life by overcoming addiction and personal struggles through faith and service.Launch a prosperous web design business despite facing obstacles.Develop authentic and genuine connections that boost your entrepreneurship journey.Enhance client relationships through continuous support for better customer satisfaction.Embrace a life of abundance, freedom, and service-oriented mindset for personal fulfillment.Meet Justin Rule, a devoted family man and founder of the highly-rated web design company, Launchkits.com. Justin's journey to success has been anything but smooth, as he has navigated through personal struggles, addiction, and financial challenges. By turning to faith and dedicating himself to serving others, Justin has emerged stronger and more determined than ever. With a background in education and a heart for helping at-risk youth, he embodies the spirit of entrepreneurship that seeks to uplift and empower others.“If you haven't considered whether or not you're actually adding value and bringing something to the marketplace that people will pay for, it might not end well for you financially, and you may end up hating what was a hobby that you loved.”“At the end of the day, it's not just about bringing home money in a bank account, right? It's like being present and helpful and contributing to those in the community, those in your very close community, your family, right?”“I feel like to be a successful entrepreneur, yes, you've got to have vision. You've got to have a desire for sort of impact and be a little stubborn to bust down some walls sometimes, but you have to be willing and humble to listen.”Adversities Justin had to overcome:· Born prematurely at 2.5lbs, deaf and with cerebral palsy· Financial struggles when starting his business· Relationship challenges with his wife· Addiction is his most personal adversity· Got laid off from his jobAbundance Justin created:· Finding freedom through Christ· Was able to build his first website and was offered a job by a local company· Rebuild trust with your life partnerLessons from Justin adversities· Being present and always adding value· Evaluate your career path and whether it aligns with your passions or solely focuses on financial gain· Be open to trying new things and being adaptable in your career, even if it means taking on multiple jobs or roles simultaneously to provide for your family· Consider your own journey through adversity and how finding a purpose greater than yourself can lead to a more fulfilling life· Recognize the importance of being part of something bigger than yourself and the impact it can have on your personal growth and sense of purposeThe value of abundanceAbundance, as a concept, extends beyond mere financial wealth. It also encompasses emotional and spiritual well-being, relationships, and personal growth. Achieving a sense of abundance requires individuals to shift their focus from material possessions to finding fulfillment through inner peace, love, and service to others. Maintaining a mindset of abundance encourages personal satisfaction and supports the pursuit of a satisfying and meaningful life. In the podcast episode, Justin Rule speaks about his definition of abundance, emphasizing that it's not merely about amassing wealth but about living a whole, free life and serving others. His experiences and insights demonstrate that a focus on character, relationships, and personal growth can lead to a richer, more fulfilling existence. By sharing his journey, Justin encourages listeners to reflect on their understanding of abundance and strive for personal satisfaction through genuine connections and a dedication to serving others. The Importance of Listening and HumilityListening and humility are essential attributes for entrepreneurs to succeed and grow personally and professionally. Active listening contributes to better understanding customer needs and building strong relationships with partners, employees, and clients. Additionally, humility enables individuals to acknowledge their strengths and weaknesses, accept constructive criticism, and remain open to learning from others. These qualities create a collaborative and growth-oriented environment that benefits everyone involved. In the conversation with Jamie Bateman, Justin Rule emphasizes the value of listening and humility in his entrepreneurial journey. By being receptive to feedback and remaining grounded in his values, Justin was better equipped to pivot when necessary and adapt to the changing business landscape. His example underscores the importance of these qualities for both personal and professional growth, and serves as a reminder for listeners to prioritize listening and humility in their entrepreneurial pursuits.Books and ResourcesGood to Great: Why Some Companies Make the Leap and Others Don'tWild at Heart Expanded Edition: Discovering the Secret of a Man's SoulConnect with Justin Rule:WEBSITE: https://launchkits.com/LINKEDIN: https://www.linkedin.com/in/thejustinrule/Connect with usWEBSITE: https://www.adversity2abundance.comLeave us a rating or review: https://www.adversity2abundance.com/reviews/new/ or hereGot comments, feedback or suggestions? We'd love to hear it! https://www.adversity2abundance.com/contact/Follow Labrador LendingWEBSITE: https://labradorlending.com/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjames

How Did They Do It? Real Estate
SA690 | Tips and Tricks for Maximizing Note Investing Returns with Jamie Bateman

How Did They Do It? Real Estate

Play Episode Listen Later May 9, 2023 29:09


Join us in today's episode as we explore note investing with Jamie Bateman, an expert in buying and selling mortgage notes. Keep listening as he gives a walkthrough of this real estate investment strategy, plus its potential risks and advantages. Take the chance to broaden your investment knowledge by tuning in!Key Takeaways to Listen forMindset shift that led to a successful real estate businessThe importance of balancing personal aspirations with family obligationsReasons to switch from rental properties to mortgage note investingWhere to find mortgage notes to invest in today's marketDifferent strategies for scaling your real estate businessResources Mentioned in This EpisodeCraigslistBiggerPocketsNYSE PaperstacNotes Direct  Microsoft Excel Spreadsheet Software Free Apartment Syndication Due Diligence Checklist for Passive Investor About Jamie BatemanJamie is an experienced real estate investor and business owner who has bought and sold mortgage notes since early 2018. He has acquired over 75 mortgage notes with principal balances in excess of $4M with collateral across 20 states and owns several small businesses and a multi-state rental portfolio worth over $3.5M. He has hands-on experience overseeing construction projects and managing properties and work experience in the title and mortgage industries.He values integrity, consistency, and transparency and takes pride in assisting those who are motivated to incorporate non-traditional investing strategies into their wealth-building plan. Outside work, Jamie enjoys spending time with his family, learning, leadership, faith, fitness, bourbon, fantasy football, and coaching.Connect with JamieWebsite: Labrador LendingPodcast: From Adversity to Abundance Podcast LinkedIn: Jamie Bateman To Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

The Art of Passive Income
Become the Bank and Work from Anywhere: Invest in Mortgage Notes Today

The Art of Passive Income

Play Episode Listen Later Mar 28, 2023 28:00


Jamie Bateman is the founder of Labrador Lending and has been an active real estate investor since 2010. Jamie is an experienced real estate investor and business owner who has been actively buying and selling mortgage notes since early 2018. During this time, he has acquired over 75 mortgage notes with principal balances in excess of $4M with collateral across 20states and growing. He was a company commander as a Captain in the U.S. Army and served his country while deployed to Iraq.  EPISODE NOTES:Jamie's mentorship will explain:How he made the leap from working with the Department of Defense to real estate investingWhat is a mortgage note fund and what are the benefits of investing in one?What are the challenges of this niche?What you need to start investing in mortgage notesYou'll also want to hear what it was like for Jamie to quit his W2 job and how he did it. TIP OF THE WEEKJamie: Read the book Redneck Resilience, by James Harold Webb. It's a fascinating read about the ups and downs of the author's entrepreneurial journey. He's done very well, but also faced a lot of adversity along the way.Mark:Go to Labrador Lending to learn more about Jamie, his funds and his podcast. WANT TO LISTEN MORE?Did you like this episode? If so, listen to another AOPI podcast episode about how to get equity freedom in your home or residential real estate."Are you ready to learn more about land investing? Just click HERE to schedule a call.""Isn't it time to create passive income so you can work where you want when you want, and with whomever you want?"

From Adversity to Abundance
Jamie Bateman Opens Up about Personal Adversity, Mindset, and His Road to Success

From Adversity to Abundance

Play Episode Listen Later Mar 7, 2023 37:10


With a break from the regular programming, in this episode I share parts of my story as Josh Kalinowski, former pro baseball player and now CEO, interviews me. We talk about what it's like for me to raise an autistic son, the growth of my mortgage note business and loan servicing business, what I do to prepare myself for life's inevitable challenges, and my goals for 2023 - all in light of some of the most important lessons I learned from interviewing more than # people on their journey from adversity to abundance. “I think of Jocko Willink and extreme ownership - people will ask him, well, it's my fault I got cancer or something like that, and what he says is no, it is not necessarily your fault, but it's your, problem.” “Trying to focus on others, I truly believe, will give you the most purpose and the most value in your own life.”This episode will also air on the Leading and Living with Impact and Influencepodcast.Tune in as Josh and Jamie talk about:(00:00) Do sports make you a better entrepreneur?(04:45) Why I joined (and left) the military(07:45) How the economy affected my mortgage business(10:02) Performing notes vs. non performing notes(12:52) Parenting an autistic son(17:21) How to get closer to your spouse in tough times(23:16) What if vs. even if (mindset hack)(26:44) How to have extreme ownership(31:43) Why I stopped watching the news(34:27) Why focus on others3 nuggets from the episode: Non-performing notes are notes where you're buying the debt on a mortgage in which the borrower isn't making payments. After buying the debt, you would add value so that the note reperforms and you can resell it at a higher price than you bought it to another investor. Performing notes are cash flow plays. Nonperforming notes are exit plays.Focusing on others is a critical part of getting through adversity. It's not enough to just focus on yourself, at some point you have to shift your focus to serving others.Instead of asking yourself “what if” so and so happens, calmly tell yourself that “even if” something you're dreading happens, you'll find a way through.Links Josh Kalinowski: How a Professional Baseball PlayerOvercame a Crushing End to His Career to Become a Purpose-Driven Leader and CEOConnect with Josh Kalinowski:PODCAST: https://www.joshkalinowski.com/podcastLINKEDIN: https://www.linkedin.com/in/joshkalinowski/INSTAGRAM: https://www.instagram.com/joshuadkalinowski/ Follow Labrador LendingWEBSITE: https://labradorlending.com/LINKEDIN: https://www.linkedin.com/company/71512077/ FACEBOOK: https://www.facebook.com/labradorlendingINSTAGRAM: https://www.instagram.com/labradorlendingllc/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjamesINSTAGRAM: https://www.instagram.com/batemanjames11/ Investment OpportunityAre you an accredited investor interested in monthly cash flow from an investment backed by physical real estate?Our income fund--which is uncorrelated to publicly traded stocks and bonds--invests in first-lien mortgage notes diversified by geography, property value and borrower type. The fund aims to pay its investors monthly distributions at a preferred rate of return of 8% annually. And possibly the best part? The fund showcases a short, 12-month commitment. Check it out today! https://investors.appfolioim.com/labradorlending/investor/public_opportunities/5

From Adversity to Abundance
Financial Abundance through Mortgage Note Investing with Jamie Bateman

From Adversity to Abundance

Play Episode Listen Later Feb 21, 2023 40:34


We're all looking for ways to broaden our investments in a down market. We'd all like to keep profits trending upward despite a pending recession, so what are the options if adding new properties or more fix-and-flips opportunities are harder to find? In this episode of Accelerated Real Estate Investor with Josh Cantwell, he's being joined by the Founder of Labrador Lending, Jamie Bateman. Jamie became an active real estate investor in 2010 and specializes in buying and selling mortgage notes. In fact, he created a portfolio of forever passive income by acquiring over 75 mortgage notes with an excess balance of $5 million across 20 states. He's also the host of the From Adversity to Abundance Podcast in which Josh Cantwell also graced the show a while back. In this conversation, Jamie walks us through how he broke into this unique field, creates structures to share his profits (and risks) with passive investors, and what makes his strategy so different and allows him to scale and de-risk his portfolio. If you're curious about mortgage note investing, this episode is for you. And if you'd like to learn more from Jamie, simply head over to https://labradorlending.com/ebook to get a free copy of his e-book, The Power of Mortgage Note Investing! Key Takeaways from Jamie Bateman:- What a mortgage note is and how to invest in them for yield?- Why investing in defaulted notes for value-add yield is a lot like doing a fix-and-flip?- How Jamie finds mortgage notes?- What makes investing in mortgage notes different from multifamily syndications?- How Jamie uses partial and hypothecated notes to scale and de-risk his investments?Connect with Josh:LINKEDIN: https://www.linkedin.com/in/joshcantwell/INSTAGRAM: https://www.instagram.com/josh.cantwell/TWITTER: https://twitter.com/JoshCantwellFACEBOOK: https://www.facebook.com/jcantwell1YOUTUBE: https://www.youtube.com/c/SRECvideoConnect with Jamie:LINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjamesINSTAGRAM: https://www.instagram.com/batemanjames11/WEBSITE: https://labradorlending.com/Follow Labrador LendingWEBSITE: https://labradorlending.com/LINKEDIN: https://www.linkedin.com/company/71512077/FACEBOOK: https://www.facebook.com/labradorlendingINSTAGRAM: https://www.instagram.com/labradorlendingllc/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9Q Investment OpportunityAre you an accredited investor interested in monthly cash flow from an investment backed by physical real estate?Our income fund--which is uncorrelated to publicly traded stocks and bonds--invests in first-lien mortgage notes diversified by geography, property value and borrower type. The fund aims to pay its investors monthly distributions at a preferred rate of return of 8% annually. And possibly the best part? The fund showcases a short, 12-month commitment.Check it out today! https://investors.appfolioim.com/labradorlending/investor/public_opportunities/5

Accelerated Investor Podcast
340: Jamie Bateman on Creating Forever Passive Income with Mortgage Note Investing

Accelerated Investor Podcast

Play Episode Listen Later Jan 31, 2023 37:56


We're all looking for ways to broaden our investments in a down market. We'd all like to keep profits trending upward despite a pending recession, so what are the options if adding new properties or more fix-and-flips opportunities are harder to find? Allow me to introduce you to the Founder of Labrador Lending, Jamie Bateman. Jamie became an active real estate investor in 2010 and specializes in buying and selling mortgage notes. In fact, he created a portfolio of forever passive income by acquiring over 75 mortgage notes with an excess balance of $5 million across 20 states. He's also the host of the From Adversity to Abundance Podcast, and I had an absolute blast being on his show a little while ago. In our conversation, Jamie walks us through how he broke into this unique field, creates structures to share his profits (and risks) with passive investors, and what makes his strategy so different and allows him to scale and de-risk his portfolio. If you're curious about mortgage note investing, this episode is for you. And if you'd like to learn more from Jamie, simply head over to LabradorLending.com/ebook to get a free copy of his e-book, The Power of Mortgage Note Investing! Key Takeaways with Jamie Bateman What a mortgage note is and how to invest in them for yield. Why investing in defaulted notes for value-add yield is a lot like doing a fix-and-flip. How Jamie finds mortgage notes. What makes investing in mortgage notes different from multifamily syndications. How Jamie uses partial and hypothecated notes to scale and de-risk his investments. Want the Full Show Notes? To get access to the full show notes, including audio, transcripts, and links to all the resources mentioned, visit https://acceleratedinvestorpodcast.com/340 Rate & Review If you enjoyed today's episode of The Accelerated Real Estate Investor Podcast, hit the subscribe button on Apple Podcasts, Spotify and YouTube so future episodes are automatically downloaded directly to your device. You can also help by providing an honest rating & review over on Apple Podcasts. Reviews go a long way in helping us build awareness so that we can impact even more people. THANK YOU! Connect with Josh Cantwell Facebook YouTube Instagram LinkedIn Twitter Sign up for the Forever Passive Income Partnering, Mastermind and Coaching Program with Josh Cantwell To unlock your potential and start earning real passive income, visit joshcantwellcoaching.com

Free From Wall Street
From Adversity to Abundance with Jamie Bateman

Free From Wall Street

Play Episode Listen Later Jan 25, 2023 56:28


Listen in as Steven shares his story of overcoming adversity and stepping into his purpose by tuning in to this episode with Jamie Bateman of the Adversity to Abundance Podcast. Be inspired by our conversation about developing an entrepreneurial mindset and ways to make a difference in the world! Key takeaways to listen for 17:00 Impact of your formative years in developing the precursors to success 34:04 Eye-opening realizations on becoming your own boss 41:51 The role of masterminds in scaling your business 49:03 How to utilize your wealth to make an impact on the world 52:54 Business strategies to hedge against economic downturns Resources mentioned in this episode: Labrador Lending A Country Boy's Journey From Broke to Millions in Generational Wealth with Business Titan James Harold Webb The Men Who Built America Toms River's Field of Dreams From Living in Her Car to Living on Her Own Island and Making a Global Impact with Britnie Turner Atomic Habits by James Clear | Paperback and Kindle School of Greatness Podcast - Lewis Howes Entrusted by Andrew L. Howell and David R. York | Hardcover and Kindle Do you want to be intentional about giving and making a difference in the lives of others? Go to https://www.investingwithpurpose.org/ to learn more about Integrity Holdings Group's Donor Advised Fund and help empower small communities worldwide today. About Jamie Bateman Jamie is a former collegiate lacrosse All-American and former Army officer who quit his W2 to become an entrepreneur and investor. A business leader and podcast host, he has been an active real estate investor since 2010 and an active mortgage note investor since 2018. He values integrity, consistency, and transparency and takes pride in assisting those who are motivated to take ownership and want to incorporate non-traditional investing strategies into their wealth-building plan. Connect With Jamie LinkedIn: Jamie Bateman Twitter: @batemanjames Instagram: @batemanjames11 Connect with Us Want to learn more about real estate investing? Visit Integrity Holdings Group to sign up for our 7 Day Passive Real Estate Investing Course (it's free)!

From Adversity to Abundance
Overcoming Adversity & Creating Abundance Through Note Investing with Jamie Bateman

From Adversity to Abundance

Play Episode Listen Later Jan 10, 2023 33:45


This episode of The Next-Level Income Show features Jamie Bateman, an experienced real estate investor and business owner who has been actively buying and selling mortgage notes since early 2018. During this time, he has acquired over 75 mortgage notes with principal balances in excess of $4M with collateral across 20 states and growing. Jamie owns several small businesses and a multi-state rental portfolio worth over $3.5M.More importantly, he has hands-on experience overseeing construction projects and managing properties and has experience in both the title and mortgage industry industries. Having worked for years as a real estate settlement officer and mortgage funding manager.Jamie discusses the void he felt in his life after leaving lacrosse and how that pushed him to seek out a bigger purpose through his family, his business team, and the military, despite facing adversity.He shares the different ways you can get started in the note space as well as some of the unique risks and benefits associated with note investing.Connect with The Next Level Income ShowWEBSITE: www.nextlevelincome.comSOCIAL MEDIA: @thenextlevelincomeshowConnect with JamieLINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjamesINSTAGRAM: https://www.instagram.com/batemanjames11/WEBSITE: https://labradorlending.com/ Follow Labrador LendingWEBSITE: https://labradorlending.com/LINKEDIN: https://www.linkedin.com/company/71512077/FACEBOOK: https://www.facebook.com/labradorlendingINSTAGRAM: https://www.instagram.com/labradorlendingllc/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QTIKTOK: https://www.tiktok.com/@labradorlendingllc?lang=en Investment Opportunity Are you an accredited investor interested in monthly cash flow from an investment backed by physical real estate? Our income fund--which is uncorrelated to publicly traded stocks and bonds--invests in first-lien mortgage notes diversified by geography, property value and borrower type. The fund aims to pay its investors monthly distributions at a preferred rate of return of 8% annually. And possibly the best part? The fund showcases a short, 12-month commitment. Check it out today! https://investors.appfolioim.com/labradorlending/investor/public_opportunities/5

From Adversity to Abundance
Highlights from Your Three Favorite Episodes

From Adversity to Abundance

Play Episode Listen Later Oct 18, 2022 44:45


On this week's From Adversity to Abundance podcast episode, we combined the highlights of your three (3) favorite episodes --- Mark Owens, Chris Seveney, and David Dodge.Mark OwensMark Owens' story is nothing short of incredible. In fact, his remarkable turnaround was a major impetus for Jamie's decision to launch this new podcast. As such, it is only fitting that Mark is our first guest. Listen in to experience the crazy but true stories of Mark's early years in Baltimore, where he went down a dark path full of drugs and crime, which led to bank robbery and even prison. Eventually, Mark found real estate investing and now lives a life of financial freedom centered around helping others and bettering himself. In this episode, Mark drops numerous truth bombs, particularly about having the right mindset, believing in yourself, and taking ownership of your life.Chris SeveneyChris Seveney has certainly had his share of challenges in life. Many people familiar with Chris marvel at how he is able to get so much done. Something that is often overlooked is WHY he gets so much done. Listen in as Jamie Bateman uncovers some of the adversity Chris has faced in life, including job loss, divorce, debt, and health scares. Learn how this adversity helped Chris define his purpose and outlook, and contributed to his impressive rise in both his personal and his professional life.Chris is now a thriving, driven professional, entrepreneur, and investor. He also maintains an abundant family life. Chris's recovery from his struggles earlier in life is nothing short of remarkable.David DodgeDavid Dodge, real estate investor, coach, and host of the Discount Property Investor podcast, joins Jamie to discuss his journey from drugs, crime and facing time in prison to becoming a successful real estate investor with 90 rental properties and counting. The tragedy and trials faced during the first two decades of his life positioned him to maximize his second chance and develop into a wholesaling and discount property investing expert. Get ready to learn how to avoid the mistakes he made, capitalize on the most profitable real estate investment methods and the key steps to become a successful real estate investor.Support Labrador Lending:WEBSITE: https://labradorlending.com/LINKEDIN: https://www.linkedin.com/company/71512077/admin/FACEBOOK: https://www.facebook.com/labradorlendingTWITTER: https://twitter.com/LabLendLLCINSTAGRAM: https://www.instagram.com/labradorlendingllc/YOUTUBE: https://www.youtube.com/channel/UChYrpCUlqFYLy4HngRrmU9QTIKTOK: https://www.tiktok.com/@labradorlendingllc?lang=en Connect with Jamie:LINKEDIN: https://www.linkedin.com/in/jamie-bateman-5359a811/TWITTER: https://twitter.com/batemanjamesINSTAGRAM: https://www.instagram.com/batemanjames11/

Passive Wealth Strategies for Busy Professionals
How Note Investors Earn a Return & The 3 Parts of a Note Business with Jamie Bateman

Passive Wealth Strategies for Busy Professionals

Play Episode Listen Later Jun 30, 2022 35:12


Jamie Bateman is the founder of Labrador Lending. Jamie has been an active real estate investor since 2010. He is an experienced real estate investor and business owner who has been actively buying and selling mortgage notes since early 2018. Jamie provides a high-level overview of note investing, including the three parts of a successful note investment business: acquiring, holding, and servicing. He also discusses some of the unique risks and benefits associated with the investment. If you're interested in finding out how to take advantage of note investing, this episode is a must-listen! [00:01 - 09:59] Opening Segment Jamie teaches us about how note investing worksHow to note investing offers a higher return than prevailing interest rates on mortgages He and his business partner have scaled their business to invest in a variety of note types He discusses how someone can get started in the note space by reading, listening to podcasts, and networking He shares that it is more difficult to find notes than it is to find real estate, and it can be more capital intensive to get started   [10:00 - 25:42] The Importance of Synergy weith Note Investing Jamie points out that note investing work synergistically with real estate investing It's just another facet and a niche Most people are not familiar with it  He explains that a non-performing loan can be turned into a property with value-added, typically through a fix and flip or through working with the borrower to create a repayment plan There are different ways to exit a non-performing loan, including through foreclosure or deed in lie Interest payments on a non-performing notes investing, and it's important to have quality partners who you can trust   [25:43 - 35:11] Closing Segment Quick break for our sponsors The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at www.escapingwallstreet.com  What is the best investment you've ever made other than your education?Jamie says that his best investment is his non-performing note that turned into a long-term rental that he still holds today What is the worst investment you've ever made?He went to crowd funding but he didn't do enough research on the operators What is the most important lesson that you've learned in business and investing?He says that business is a team sport, you don't have to do it all yourself. Look to other people that you can trust.   Connect with Jamie Bateman through his website: Labrador Lending, LinkedIn, From Adversity to Abundance   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  Join our Passive Investor Club for access to passive commercial real estate investment opportunities. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                      Tweetable Quotes: “It's a team sport. You don't need to have all the answers yourself. There's always going to be a tension between having enough information to take action and taking on too much risk.” – Jamie Bateman “Passive note investors can work with active note investors. It's a spectrum, it's not black and white. There are many ways to approach note investing, just like there are in real estate investing.” - Jamie Bateman “I actually do believe if I have an internet connection and a laptop and a phone, I can be a note investor.” - Jamie Bateman

Good Deeds Note Investing Podcast
From Jamie Bateman To Lauren Wells: Rebranding The Show With A New Co-Host And More

Good Deeds Note Investing Podcast

Play Episode Listen Later Jun 1, 2022 41:40


Rebranding a podcast takes a lot of work, but it's worth it so you can reach your desired audience more. In this episode, we witness Good Deeds Note Investing rebrands to Creating Wealth Simplified. Along with it, our beloved co-host Jamie Bateman passes the baton to Lauren Wells as the new co-host of the show. Lauren started her career working at several tech start-ups in sales, partnerships, and business development. Still, she was always interested in real estate and eventually came across notes and Chris Seveney himself. She shares how she feels to have worked with Chris and to be his partner in this podcast. Plus, they take us through the changes happening for the show and where it is heading. Join in on this conversation as we open a new page and explore the world of wealth building deeper.Love the show? Subscribe, rate, review, and share! https://7einvestments.com/podcast/

Wholesaling Inc with Brent Daniels
WIP 960 Note Investing and Loan Strategies ft. Jamie Bateman

Wholesaling Inc with Brent Daniels

Play Episode Listen Later May 27, 2022 22:19


In this episode, Brent Bowers and special guest Jamie Bateman discuss some of the different loans and purposes in the real estate industry. You'll even get some great examples for finding loans and using them to your advantage. Key Takeaways What life is like as a note investor Designing an exit strategy  How to claim your equity Visit https://www.wholesalinginc.com/ to get started wholesaling.