Podcast appearances and mentions of jim maffuccio

Have you ever wondered how billionaires are investing to grow their wealth in 2024? In this episode, Russ and Joey are joined by Ben Fraser of Aspen Funds to explore the world of alternative investments and the strategies that the ultra-wealthy use to stay ahead. From little-known opportunities to smart, risk-adjusted moves, this conversation will open your eyes to how the wealthy think and invest differently. If you want to elevate your financial game and tap into strategies beyond the traditional, today's episode is packed with insights that could transform your approach.Tune in to discover the secrets to growing wealth like the ultra-rich!Top three things you will learn: -Alternative investment opportunities to build passive income-The top two indicators that a deal is not as good as it seems-How the election can affect market trendsAbout Our Guest:Ben Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions.Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, and co-founder Jim Maffuccio to discuss economic trends and best practices for alternative investing.Connect with Ben Fraser:-Website - https://aspenfunds.us/Wealth Without Wall Street New Book:https://wealthwithoutwallstreet.com/newbookFree IBCA or Financial Freedom Discovery Calls:https://wealthwithoutwallstreet.com/freecallJoin Our Next Inner Circle Live Event:https://www.wealthwithoutwallstreet.com/livePromo Code: PODCASTIBC Webinar:https://wealthwithoutwallstreet.com/ibcApply to Join the Passive Income Mastermind:https://wealthwithoutwallstreet.com/wwws-passive-income-mastermindJoin the Community:https://wealthwithoutwallstreet.com/communityTurn Active Income Into Passive Income:https://wealthwithoutwallstreet.com/pios Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom:

Stay updated about the current trends and future opportunities in real estate in this episode with Ben Fraser!Ben walks us through his career, from the financing and lending side to investing and capital raising. He also provides some strategies for building trust with potential investors, data-driven market insights, and thriving amidst rising interest rates. Key Points & Relevant TopicsBen's background in the commercial space specifically as a Commercial Credit Underwriter and Commercial LenderBen's journey to the investing side and raising capital, his thought process, and mindset shiftHow to attract investors and gain their trustCurrent trends and opportunities in today's real estate marketBen's perspectives on what to expect in the market and the impact of interest rates on the current trendsInvestors' sentiments and how their decision is impacted by the distress in the marketResources & LinksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Ben FraserBen Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions. Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing. Prior to joining Aspen, Ben served as a Commercial Lender at First Business Bank, one of the top SBA lenders in the nation. There, he specialized in government-backed loan originations, specifically SBA and USDA loans. Before that, he worked as a Commercial Credit Underwriter for Crossfirst Bank, where he personally underwrote over $125MM in C&I and CRE loans across various industries. Ben also has experience working in the asset management industry, having served as a key member of the team at Tortoise Capital Advisors. At Tortoise, he helped grow institutional managed accounts from ~$3BN AUM to ~$7BN AUM. Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben's commitment to excellence and his ability to deliver strong returns for clients make him an invaluable asset to the Aspen Funds team.Get in Touch with BenWebsite: https://aspenfunds.us/ Podcast: https://aspenfunds.us/podcast/ To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Explore advanced investment strategies with Ben Fraser as he shares his expertise in high-level investments. Understand how macroeconomic factors influence investment choices and uncover the unique opportunities presented by mezzanine debt and oil and gas investments in today's economic landscape.     Key Takeaways To Listen For Basics of underwriting and key risk factors in commercial banking Common denominators of wealth observed in successful investors Advantages of mezzanine debt in real estate investments Insights into investing in oil and gas and the strategic benefits of existing assets Infill drilling: What it is and its impact on enhancing asset value     Resources/Links Mentioned In This Episode 10x Is Easier Than 2x by Dan Sullivan and Dr. Benjamin Hardy | Paperback     About Ben Fraser Ben is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions.   Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing.   Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben's commitment to excellence and his ability to deliver strong returns for clients make him an invaluable asset to the Aspen Funds team.     Connect with Ben  Website: Aspen Funds Podcast: Invest Like a Billionaire LinkedIn: Ben Fraser     Connect With Us If you're looking to invest your hard-earned money into cash-flowing, value-added assets, reach out to us at https://bobocapitalventures.com/.     Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

Ben Fraser, Managing Director of Aspen Funds, argues, “There's a huge opportunity to get into fossil fuel production.” He discusses macro-driven alternative investments, investable megatrends, including the disruption to energy markets as advanced economies decarbonise, and the outlook for the US economy, particularly inflation. Disclaimer: this episode presents general information only and is not financial or investment advice.Please contact us with any questions, comments and suggestions by emailing us at contact@economicsexplored.com or sending a voice message via https://www.speakpipe.com/economicsexplored. About this episode's guest: Ben Fraser Ben Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions.Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing.Prior to joining Aspen, Ben served as a Commercial Lender at First Business Bank, one of the top SBA lenders in the nation. There, he specialized in government-backed loan originations, specifically SBA and USDA loans. Before that, he worked as a Commercial Credit Underwriter for Crossfirst Bank, where he personally underwrote over $125MM in C&I and CRE loans across various industries.Ben also has experience working in the asset management industry, having served as a key member of the team at Tortoise Capital Advisors. At Tortoise, he helped grow institutional managed accounts from ~$3BN AUM to ~$7BN AUM.Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben's commitment to excellence and his ability to deliver strong returns for clients make him an invaluable asset to the Aspen Funds team.What's covered in EP23100:00:04 - Global Energy from Fossil Fuels (excerpt from interview)00:00:33 - Introduction to Economics Explored Podcast00:01:06 - Guest Introduction: Ben Fraser of Aspen Funds00:02:08 - Aspen Funds' Investment Focus00:05:17 - Accredited Investors and Investment Opportunities00:06:04 - Expanding Accredited Investor Definitions00:08:47 - Alternative Investments and Client Strategy00:11:29 - Investable Megatrends for the Next Decade00:13:03 - Inflation and Energy Market Outlook00:15:37 - Private Credit in Real Estate00:20:37 - Commercial Real Estate Market Dynamics00:23:42 - Energy Investments and Fossil Fuel Outlook00:29:10 - OPEC's Influence on Oil Prices00:31:28 - Gold, Bitcoin, and Investment Hedges00:35:09 - US Fiscal Policy and Debt Concerns00:38:40 - Closing RemarksTakeawaysMacro-Driven Alternative Investments: Aspen Funds focuses on macro-driven alternative investments, which involve understanding long-term economic trends to identify investment opportunities.Investable Megatrends: Aspen Funds has identified investable megatrends for the next decade, including higher inflation for longer and an energy crisis due to a transition to green energy.Opportunities in Real Estate: Aspen Funds sees opportunities in private credit within the real estate market, particularly in the midsection of the capital stack, where risk can be reduced while achieving good returns.Energy Market Insights: Ben Fraser discusses the impact of transitioning to green energy on fossil fuel production, highlighting potential supply shortages and investment opportunities in fossil fuel production.Views on Gold and Bitcoin: Ben Fraser comments on gold and Bitcoin as alternative investments, acknowledging their role as hedges against fiat currency but cautioning against heavy allocations due to the risks involved.Links relevant to the conversationAspen FundsInvest Like a Billionaire PodcastFull transcripts are available a few days after the episode is first published at www.economicsexplored.com.

Originally published September 30, 2021. Curious about investing in real estate without the headaches? Discover how passive real estate investment opens doors to hassle-free opportunities. Let's explore the wide world of passive real estate investing together! Connect with Bob Fraser on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ht⁠tps://www.linkedin.com/in/bob-fraser-22469312/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Connect with Ben Fraser on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Connect with Jim Maffuccio on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/james-maffuccio-77440813/   Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.thebillionairepodcast.com/subscribe⁠⁠

Ben is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the- box investments. Prior to joining Aspen, Ben served as a Commercial Lender at First Business Bank, one of the top SBA lenders in the nation. There, he specialized in government-backed loan originations, specifically SBA and USDA loans. Before that, he worked as a Commercial Credit Underwriter for Crossfirst Bank, where he personally underwrote over $125MM in C&I and CRE loans across various industries. Ben also has experience working in the asset management industry, having served as a key member of the team at Tortoise Capital Advisors. At Tortoise, he helped grow institutional managed accounts from ~$3BN AUM to ~$7BN AUM. Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben is the co-host of the “Invest like a Billionare” podcast where he joins his father, Bob and Aspen co-founder Jim Maffuccio, to dive into the world of alternative investments and speak with successful investors. The trio also discusses economic trends, including megatrends such as inflation, energy prices and deglobalization. Their goal is to empower others looking to explore less volatile investment opportunities improving their portfolio's performance and enabling them to become more financially secure.

Curious about how alternative credit can reshape the financial landscape? Join us for a riveting conversation with Eva Shang, CEO of Legalist, as we explore this intriguing world. Connect with Eva Shang on LinkedIn ⁠https://www.linkedin.com/in/eshang/ ⁠Connect with Jim Maffuccio on LinkedIn https://www.linkedin.com/in/james-maffuccio-77440813/ Connect with Ben Fraser on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠   Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.thebillionairepodcast.com/subscribe

Ben is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the box investments. Prior to joining Aspen, Ben served as a Commercial Lender at First Business Bank, one of the top SBA lenders in the nation. There, he specialized in government-backed loan originations, specifically SBA and USDA loans. Before that, he worked as a Commercial Credit Underwriter for Crossfirst Bank, where he personally underwrote over $125MM in C&I and CRE loans across various industries. Ben also has experience working in the asset management industry, having served as a key member of the team at Tortoise Capital Advisors. At Tortoise, he helped grow institutional managed accounts from ~$3BN AUM to ~$7BN AUM. Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben is the co-host of the “Invest like a Billionare” podcast where he joins his father, Bob and Aspen co-founder Jim Maffuccio, to dive into the world of alternative investments and speak with successful investors. *DISCLAIMER - We are not giving any financial advice. Please DYOR* (00:00 - 01:51) Opening Segment - Ben is introduced as the guest Hosts - Ben shares something interesting about himself (01:51 - 35:32) Current Real Estate Trends - What are some lesser-known alternative investments that can diversify a portfolio and potentially enhance wealth? - What are the most common mistakes people make when planning for their financial future, and how can they avoid them? - How has the real estate market evolved, and what opportunities exist for wealth creation in today's market? - What is the importance of asset allocation, and how should individuals tailor their portfolios to their risk tolerance and financial goals? - What are the latest trends in wealth management and financial planning, and how can listeners stay ahead in this ever-changing landscape? - In what ways can investors work with Aspen Funds? (35:32 - 38:20) Fire Round - Ben shared if she would change his investment strategy - Ben also shares his favorite Finance, real estate book, or any related book - Also Ben shared about the website and tools that he can recommend - Ben's advice to beginner investors - Also shared how he gives back (38:20 - 38:57) Closing Segment -If you want to learn more about the discussion, you can watch the podcast on⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Wealth Matter's YouTube channel ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠and you can reach out to Alpesh using this ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Check us out at: Facebook: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@wealthmatrs⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠IG: @wealthmatrs.ig⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tiktok: @wealthmatrs⁠⁠⁠⁠⁠

Ben Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions. Ben is the co-host of the Invest like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing. Prior to joining Aspen, Ben served as a Commercial Lender at First Business Bank, one of the top SBA lenders in the nation. There, he specialized in government-backed loan originations, specifically SBA and USDA loans. Before that, he worked as a Commercial Credit Underwriter for Crossfirst Bank, where he personally underwrote over $125MM in C&I and CRE loans across various industries.  Ben also has experience working in the asset management industry, having served as a key member of the team at Tortoise Capital Advisors. At Tortoise, he helped grow institutional managed accounts from ~$3BN AUM to ~$7BN AUM. Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben's commitment to excellence and his ability to deliver strong returns for clients make him an invaluable asset to the Aspen Funds team. If you like what you hear be sure to like, share, subscribe! Podcast- Mindful Multi-Family show Instagram- Chris_Salerno_ Youtube Channel- Chris Salerno Facebook- The Mindful Multifamily Network  Website- www.qccapitalgroup.com

Join co-hosts Jim Maffuccio and Ben Fraser, along with special guest Matt Burk, Founder and CEO of Fairway America and Verivest. We're thrilled to have Matt on the show, a seasoned real estate executive, Chief Investment Officer, and fund manager with over 22 years of experience. Matt has managed 11 different real estate funds throughout his career. In this episode, we delve into Matt's background in the industry and explore the fascinating evolution of the real estate syndication space. Matt shares valuable insights gained over the past two decades, offering our listeners a unique perspective on real estate investing. Connect with Matt Burk on LinkedIn https://www.linkedin.com/in/mwb/ Connect with Jim Maffuccio on LinkedIn https://www.linkedin.com/in/james-maffuccio-77440813/ Connect with Ben Fraser on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠   Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.thebillionairepodcast.com/subscribe

Ben Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions. Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing. Prior to joining Aspen, Ben served as a Commercial Lender at First Business Bank, one of the top SBA lenders in the nation. There, he specialized in government-backed loan originations, specifically SBA and USDA loans. Before that, he worked as a Commercial Credit Underwriter for Crossfirst Bank, where he personally underwrote over $125MM in C&I and CRE loans across various industries. Ben also has experience working in the asset management industry, having served as a key member of the team at Tortoise Capital Advisors. At Tortoise, he helped grow institutional managed accounts from ~$3BN AUM to ~$7BN AUM. Ben holds an MBA from Azusa Pacific University and a Bachelor of Science in Finance from the University of Kansas, where he graduated magna cum laude. Ben's commitment to excellence and his ability to deliver strong returns for clients make him an invaluable asset to the Aspen Funds team. What You Will Learn: Who is Ben Fraser? How did Ben get involved with the real estate industry? What is the biggest sector that he is raising funds for to invest in?  Ben shares that their focus on investing is within the US only.  Create a lot of opportunities to buy good value at a good price for an asset class that still is going to perform well over the long term. What's the best way for people who do like to invest part of their income passively? Ben shares how he can be contacted. Additional Resources from Ben Fraser: Website: https://aspenfunds.us/, https://www.thebillionairepodcast.com/ Email: dawine@artemia.com Linkedin: https://www.linkedin.com/company/aspen-funds Facebook: https://www.facebook.com/aspenfunds/ Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW!   Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg

In this episode of the Invest Like A Billionaire podcast, join co-hosts Jim Maffuccio and Ben Fraser as they sit down with returning guest Justin Donald, author of The Lifestyle Investor. Justin has been named the “Investment World's New Warren Buffett”. Explore Justin's remarkable journey from business owner to lifestyle investor, gaining invaluable insights into low-risk investments, time management, and achieving financial freedom. Justin breaks down his own personal investment portfolio, how he creates “invisible deals”, and where he is currently allocating funds. Tune in to hear Justin Donald's expert advice. Connect with Justin Donald on LinkedIn https://www.linkedin.com/in/justinwdonald/ Connect with Jim Maffuccio on LinkedIn ⁠⁠⁠⁠https://www.linkedin.com/in/james-maffuccio-77440813/ Connect with Ben Fraser on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠⁠⁠⁠ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠⁠⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠⁠⁠⁠⁠  Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠⁠⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠⁠⁠⁠⁠  Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠⁠⁠⁠⁠⁠https://www.thebillionairepodcast.com/subscribe

Today's Flash Back Friday Episode is from Episode #242, which originally aired on August 13, 2019. In this episode of the Real Estate Investing for Cash Flow podcast, Kevin talks to real estate and note investment expert, Jim Maffuccio. Jim is co-founder and CIO of Aspen funds, an investment fund that provides returns without the volatility of traditional investment options. He is a 30 year old real estate veteran and deeply networked in the secondary mortgage industry. In the podcast, Jim covers how he bounced from the recession and got into the note business. He talks about secondary mortgages and the profit strategies he and his team employ when capitalizing on note investments. He explains the process of restructuring distressed debt to benefit investors. Kevin and Jim also discuss the dynamics of working remotely and having a headquarters for business. QUOTES: “Aspen Funds was started in 2012, really kind of born out of the adversity and the lessons that I learned in what debt can do to you if you're a small developer, a small fish in a big pond. So that's what launched me into the mortgage space.” “If you're gonna buy one offs, you can be picky about what you buy in terms of the equity profile of the deal that you're buying. At our scale, we have to be ready to pretty much buy everything..” ‘We're at about 65% of the time, we are able to modify the loan, keep the loan, get it re-performing and sell it to an income fund or another cash flow buyer. Another 10 or 15% of the time we actually get a settlement..” “We've seen the quantity of deal flow has definitely diminished in the residential mortgage space in general. Most of that is first leads where most of the players have been, and margins have shrunk as price points have increased for mortgages in general.” “If 10% of our loans, at any given time, stop paying, all the metrics of our fund are set up such that the fund investors don't miss a blip and our management don't miss a blip. We have that built into our pricing model.” HIGHLIGHTS: 8:13 Jim's background and how he co-founded Aspen Funds 14:11 Buying and selling real estate notes 18:41 Different investor profiles 21:10 What would be an ideal loan acquisition? 27:44 How the landscape changed since the crash 34:25 Business and management structure at Aspen Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com. Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Join co-hosts Jim Maffuccio and Ben Fraser, along with special guest Jim Dew, Founder of Dew Wealth Management, as they dive into the concepts of building a Virtual Family Office. After spending years studying the ultra-wealthy, Jim Dew realized Family Offices generally had staff, resources and strategies built around preserving and growing their family's wealth. Jim decided to replicate their approach, but make it more accessible for the entrepreneur. Tune into today's show to hear about Jim's story and how he's built his unique wealth management approach. Dew Wealth Management https://www.dewwealth.com/ Connect with Jim Dew on LinkedIn https://www.linkedin.com/in/jim-dew-0ab03a5/ Connect with Jim Maffuccio on LinkedIn ⁠⁠⁠⁠https://www.linkedin.com/in/james-maffuccio-77440813/ Connect with Ben Fraser on LinkedIn ⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠   Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠⁠  Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠⁠  Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠⁠⁠https://www.thebillionairepodcast.com/subscribe

When it comes to investing, timing can make or break your portfolio's success. While efficiency and maximizing returns are essential goals, aligning your investments with the market's ebbs and flows is crucial. In this episode, Bob Fraser discusses the importance of timing your investments and why development can be a lower-risk strategy. He also shares insights on navigating the multifamily market and emphasizes the need for due diligence and trust in the investment business.About Bob FraserBob Fraser is a finance and technology executive, with over 20 years of experience, who is passionate about educating others about alternative investments. In 2012, he co-founded Aspen Funds, a fund management company focused on alternative investments, where he is responsible for financial management, portfolio modeling, as well as systems and processes.Fraser is the co-host of the Invest Like a Billionaire podcast where he joins his son, Ben, and Aspen co-founder Jim Maffuccio, to dive into the world of alternative investments and speak with successful investors. The trio also discusses economic trends, including megatrends such as inflation, energy prices and deglobalization. The goal is to empower others looking to explore less volatile investment opportunities improving their portfolio's performance and enabling them to become more financially secure.Here are some power takeaways from today's conversation:[06:08] The shift from notes to other asset classes[08:22] The importance of timing your investments[14:14] What happens when interest rates go up[16:13] Why invest in multifamily[21:15] Why development is lower risk[29:36] How an LP does due diligence [32:47] Trust is everything in this business.Episode Highlights:[08:34] Navigating the Multifamily MarketThe multifamily sector may experience some challenging years ahead. However, this doesn't signify the end of multifamily investments. Instead, it can be an excellent opportunity for buying. This serves as a reminder that as investors, we need to be prudent and thoughtful in our decision-making.[10:49] The Importance of Timing Your InvestmentsSuccess is not only about gaining efficiency and maximizing returns but also aligning your investment timing correctly. Pursuing vertical integration to achieve a 10% efficiency might appear promising, but it won't yield results if you're losing 90% of your investment. Market fluctuations and economic changes necessitate keeping a close eye on market trends and making informed decisions based on prevailing circumstances. Timing is vital in investing, and getting it right can minimize risks, maximize returns, and identify opportunities for growth, expansion while avoiding costly mistakes.[22:16] Why Development is a Lower RiskDeveloping properties can be a lower-risk investment strategy as it allows for more control over the costs. Investing in a value-add property may seem like a good idea, but building new units can be more cost-effective and less risky. For example, in Northwest Arkansas, there are properties for sale at $195,000 per unit, but new units can be built for $130,000. Similarly, building industrial properties can be a smart investment, especially since it's currently difficult to buy industrial properties. Building cheaply, like an industrial warehouse, can yield high returns, especially if leased out. Even if it's not leased immediately, having a long runway for the property can help mitigate risks. Overall, development provides more control over costs and can be a safer investment strategy.This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.Resources Mentioned:Invest Like a Billionaire podcast Aspen Funds

There are many things you can learn from billionaires. Today, you will discover three of those lessons. The world's ultra-rich come from diverse backgrounds, many of whom have started with little or no money at all. So how did they become super wealthy? What do these billionaires do differently? The critical insight here is that these billionaires knew where and how to invest, which Russ, Joey, and their guest, Ben Fraser, discuss in this episode. Top 3 Things You'll Learn:Business owners and billionaires are one of a kind.Billionaires love buying real assets, specifically real estate. Billionaires invest in alternative investments.About Our Guest:Ben Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions.Ben is the co-host of the Invest Like a Billionaire podcast, where he joins his father, Robert, co-founder and CFO of Aspen Funds, along with co-founder Jim Maffuccio, to discuss economic trends and best practices for alternative investing.Connect with Ben Fraser:Website - https://aspenfunds.us/Podcast - https://www.thebillionairepodcast.com/An Exclusive Global Community of Ultra-High-Net-Worth Entrepreneurs, Investors, and Executives:https://tiger21.com/Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind—

The Passive Income Attorney Podcast EP 168 | Investing Like a Billionaire with Bob Fraser and Jim Maffuccio   Get ready for an eye-opening episode of the Passive Income Attorney podcast! In this episode, Seth sits down with Bob Fraser and Jim Maffuccio, the masterminds behind Aspen Funds, to discuss their unique investment model of buying non-performing second mortgages. These savvy entrepreneurs reveal how they can buy a second mortgage for as little as $1,000 and make a profit when the property is sold or refinanced. Discover how this model can produce consistent yields of up to 12%. Bob and Jim also share their insights on investing in rental property, finding good operators, and achieving financial freedom.   "Bet on growth, bet on solutions, don't bet on fear."  - Bob Fraser   HIGHLIGHTS: Here's a breakdown of what to expect in this episode: ✅ Investing in non-performing second mortgages as a profitable investment opportunity ✅ Importance of finding good operators in rental property investment ✅ Taking action to achieve financial freedom ✅ Maintaining a healthy mind and body through self-care and exercise ✅ Overcoming limiting beliefs and staying positive and focused on goals ✅ And so much more!  

The Passive Income Attorney Podcast EP 168 | Investing Like a Billionaire with Bob Fraser and Jim Maffuccio   Get ready for an eye-opening episode of the Passive Income Attorney podcast! In this episode, Seth sits down with Bob Fraser and Jim Maffuccio, the masterminds behind Aspen Funds, to discuss their unique investment model of buying non-performing second mortgages. These savvy entrepreneurs reveal how they can buy a second mortgage for as little as $1,000 and make a profit when the property is sold or refinanced. Discover how this model can produce consistent yields of up to 12%. Bob and Jim also share their insights on investing in rental property, finding good operators, and achieving financial freedom.   "Bet on growth, bet on solutions, don't bet on fear."  - Bob Fraser   HIGHLIGHTS: Here's a breakdown of what to expect in this episode: ✅ Investing in non-performing second mortgages as a profitable investment opportunity ✅ Importance of finding good operators in rental property investment ✅ Taking action to achieve financial freedom ✅ Maintaining a healthy mind and body through self-care and exercise ✅ Overcoming limiting beliefs and staying positive and focused on goals ✅ And so much more!  

In this episode, we talk with Dr. Chau Ong, a 7-figure Airbnb Freedom Coach and expert in short-term rentals. Dr. Ong shares insights and strategies for achieving financial freedom through short-term rentals, specifically the corporate housing sector. Most investors assume short-term rentals are only for vacation rentals, but Dr. Ong shares the pros and cons of each type. He also discusses the future of the short-term rental industry. Whether you're new to short-term rentals or a pro, this episode offers valuable advice for achieving financial freedom. Connect with Dr. Chau Ong on LinkedIn https://www.linkedin.com/in/drchaubnb/ Connect with Jim Maffuccio on LinkedIn ⁠⁠https://www.linkedin.com/in/james-maffuccio-77440813/⁠⁠ Connect with Ben Fraser on LinkedIn ⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠ Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠ Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠⁠https://www.thebillionairepodcast.com/subscribe

In this episode, Jim Maffuccio and Ben Fraser are joined by guest Craig Wear, a Certified Financial Planner™ with 32+ years of experience and the author of two Amazon #1 Best Selling books, Paying the Piper, and Roth Conversion Secrets, to discuss maximizing retirement savings and avoiding hidden tax traps in 401k and IRA accounts. Craig shares expert advice on minimizing taxes and avoiding penalties associated with RMDs, early withdrawals, and investment options. Tune in for practical tips on optimizing retirement savings and minimizing tax liability, whether you're just starting out or looking to optimize existing accounts. Download “Roth Conversion Secrets” for free ⁠https://info.craigwear.com/ILAB⁠ Connect with Craig Wear on LinkedIn ⁠https://www.linkedin.com/in/craigwear/⁠ Connect with Jim Maffuccio on LinkedIn ⁠https://www.linkedin.com/in/james-maffuccio-77440813/⁠ Connect with Ben Fraser on LinkedIn ⁠https://www.linkedin.com/in/benwfraser/⁠ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠ Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠ Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠https://www.thebillionairepodcast.com/subscribe

Tune in as Jim Maffuccio and Ben Fraser interview Johnny Wolff, the CEO and Founder of HomeRoom. They delve into the co-living movement - why more tenants are choosing to live with roommates, and how landlords are able to generate better income on single-family properties. Learn more about this trend impacts real estate investors. Connect with Johnny Wolff on LinkedIn https://www.linkedin.com/in/johnnywolff/ or johnny@livehomeroom.com Connect with Jim Maffuccio on LinkedIn https://www.linkedin.com/in/james-maffuccio-77440813/ Connect with Ben Fraser on LinkedIn https://www.linkedin.com/in/benwfraser/ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors.Get started and download your free economic report today at https://aspenfunds.us/reportJoin the Investor Club to get early access to exclusive deals. https://www.aspenfunds.us/investorclubSubscribe on your favorite podcast app, so you never miss an episode. https://www.thebillionairepodcast.com/subscribe

Every investor knows there are amazing tax benefits to directly owning real estate. And one of those tools to amplify the benefits is cost segregation. In this week's episode, co-hosts Ben Fraser & Jim Maffuccio talk with cost segregation expert Erik Oliver to learn about how these tax benefits impact passive investors. They also explore the "lazy man's" 1031 exchanges, what changes are happening in 2023 with bonus depreciation, and what asset classes provide the best tax sheltering. Don't miss this episode! Get started and download your free economic report today at https://aspenfunds.us/report Read the full transcription https://aspenfunds.us/podcast/real-estate-tax-shelters-for-passive-investors-feat-erik-oliver/ Connect with Erik Oliver on Linkedin - https://www.linkedin.com/in/erik-oliver-b800657/ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Learn More about Aspen Funds. https://www.aspenfunds.us Join the Investor Club to get early access to exclusive deals. https://www.aspenfunds.us/investorclub Subscribe on your favorite podcast app, so you never miss an episode. https://www.thebillionairepodcast.com/follow Rate us! We really appreciate your feedback and support. https://www.thebillionairepodcast.com/reviews/new/ Ask Anything! We'd love to hear what's Top of Mind. https://www.thebillionairepodcast.com/contact

What's the best way to start investing in real estate? For many investors, turnkey rentals seem to be a great place to start. However, with home prices appreciating, does this strategy still make sense? In this episode, co-hosts Ben Fraser and Jim Maffuccio interview Ali Boone of Hipster Investments. Ali gives great insights into the turnkey rental industry and shared her experiences in turnkey rental over the last decade, and where she is still finding good opportunities. Get instant access to your free copy of Ali Boone's "NOT Your-How To Guide to Real Estate Investing". https://www.hipsterinvestments.com/billionaire Read the full transcription https://aspenfunds.us/podcast/top-of-mind-interest-rates-recession-and-finding-opportunities/ Connect with Ali on Linkedin - https://www.linkedin.com/in/ali-boone/ Learn more about Hipster Investment - https://www.hipsterinvestments.com/about/ Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Learn More about Aspen Funds. https://www.aspenfunds.us Join the Investor Club to get early access to exclusive deals. https://www.aspenfunds.us/investorclub Subscribe on your favorite podcast app, so you never miss an episode. https://www.thebillionairepodcast.com/follow Rate us! We really appreciate your feedback and support. https://www.thebillionairepodcast.com/reviews/new/ Ask Anything! We'd love to hear what's Top of Mind. https://www.thebillionairepodcast.com/contact

Investing with friends and family can be a great way to pool resources and make big investments, while spreading out the risk. But it's important to set some ground rules before you get started. In this podcast, Travis Smith, Ben Fraser, and Jim Maffuccio discuss the pros and cons of investing with “tribes”, reducing risk, and some tips for making the process go smoothly. Love the show? Subscribe, rate, review, and share! TheBillionairePodcast.com Read transcription and show notes - https://aspenfunds.us/podcast/investing-with-your-tribe-feat-travis-smith-ceo-of-tribevest Listen on any podcast platform - https://anchor.fm/invest-like-a-billionaire Learn more about Aspen Funds - https://aspenfunds.us/

Jim shares a lot of information regarding private placements and what's the effect on investors with marketers becoming more creative with their sales pitches. He also gets really specific about how the wealthy stay so, by doing investment trusts which is now becoming more and more common knowledge for the players in the field. Lastly, like all of the people who deal with real estate, Jim makes it a point that the very first step of getting into the field is getting oneself educated. He says how there's so much available information that anyone could use to their advantage and that it would be a huge waste to not be as informed as one could be in the middle of this generation. If you're looking to get into investing, be sure to stay tuned in this episode!   Here's what to look forward to in today's episode: How Jim used the chaos as an opportunity Private placements and how to deal with them Acknowledging that the market is fickle Learning from other people's mistakes Education is always the first step And much more!   ~   About Jim Maffuccio: Mr. Maffuccio is a 30-year real estate veteran and an expert in mortgage notes. He is deeply networked in the secondary mortgage industry and is responsible for acquisitions and underwriting as well as relationships with primary sources and key vendors. Maffuccio received his degree in civil engineering from Louisiana State University in 1979. Upon graduating, Mr. Maffuccio moved to the West Coast and gained extensive project management experience with Exxon. From 1986 to present, Mr. Maffuccio has been engaged full time in the real estate development and investment industry. In addition, he has overseen several hundred purchase, sale, and/or financing transactions, and has been a licensed real estate agent since 1985. ~ You can find Jim Maffuccio on…   Website: https://aspenfunds.us   LinkedIn: https://www.linkedin.com/in/james-maffuccio-77440813/    

Today, Tim and Lisa have James Maffuccio on the show!Jim is the Co-Founder of Aspen Funds.  Aspen Funds focuses on helping investors earn high yields every quarter without the built-in volatility of traditional investment options.  Jim Maffuccio has enjoyed a long and successful career in real estate, and has some battle scars to prove it.Before Jim discovered note investing, he was a thriving real estate developer in southernCalifornia. One of his projects, Traditions, even won a Gold Nugget Award. But the housing crisis brought his success to a screeching halt, teaching him a valuable lesson about marketvolatility in the process. After moving to the Midwest, where he flipped houses to put food onthe table for his family, Jim came to a realization: when the market stabilized, the people on the right side of debt would cash in big. In 2009, he began investing in mortgage notes, and three years later, with his investments proving to be secure, consistent, and highlyprofitable, he partnered with Bob Fraser to launch Aspen Funds. So far, the business haspurchased over 1,000 loans in more than 30 states and grown to three separate funds in justover six years.With Aspen Funds, Jim oversees acquisitions and underwriting as well as relationships with primary sources and key vendors. More importantly, he helps people receive consistently high yields on their investments while helping homeowners stay in their homes, too.Aspen Funds WebsiteInvest Like  Billionaire PodcastConnect with us:Schedule a call with TimSchedule a call with LisaSchedule a call with JeanLearn more at thereiconcierge.com

How do you start generating income from your investments and how do you transition that into a flow of passive income? Ben Fraser and Jim Maffuccio are back with real estate maven and director of Investor Education at Passive Investing, Whitney Elkins-Hutten, to learn more about passive investing and growing your assets. Whitney wholeheartedly believes that she's living proof of just how successful anyone can be at real estate investing; all it takes is a little grit. Today, Whitney holds over 5000 residential units and more than 1400 self-storage units across eight states. Listen in as Whitney shares more of her story, including how she managed to grow her empire using the BRRRR-strategy, and how she funnels that forced equity into other passive strategies. Love the show? Subscribe, rate, review, and share! TheBillionairePodcast.com

Our guest's name is Jim Maffuccio. He is the co-principal at Aspen Funds. Aspen’s Income Fund is a residential mortgage fund designed to provide current income for investors, along with the potential for capital gains. Lettiann and Jim Maffuccio talk about: ➜ How Aspen Funds works and when he start his business ➜ What is the minimum investment to get in aspen funds ➜ Different types of funds they offer in real estate investment ➜ How COVID has affected his business ➜ How to invest some equity to get high returns Follow and connect with us here for more cool stuff: Instagram: https://www.instagram.com/lettiann_realestate/ Facebook Page: https://www.facebook.com/lettiannandassociates/ Twitter: https://twitter.com/lettiann1 LinkedIn: https://www.linkedin.com/in/lettiannmogentalebetts/ ---------------------------------------------------------------------------- For any questions about Real Estate, please don't hesitate to contact me personally. Best Regards, Lettiann Southerland https://www.lettiann.com/ 816-898-5477 lettiann@lettiann.com PS - I also have a Real Estate Training Success Program you can join where I teach, coach and mentor you on how to become a successful professional real estate agent. Click the link below for more information and sign up today! https://real-estate-success.thinkific.com/courses/real-estate-training-success-program 

Today's guest is Jim Maffuccio, founder and principal at Aspen Funds. Currently serving as the Chief Investment Officer and Business Development, Jim has a wealth of knowledge in distressed debt and alternative investments. In this episode, he takes us back to the very beginning of his career as an engineer and how he transitioned into the real estate space in 1986. In the years that followed, he accumulated wealth and a catalog of experience. That was until the mortgage crisis of 2008 which rendered him broke and back to flipping houses in his mid-50s. 

  The number one rule in real estate investing is return of investment. That is, for every dollar that goes out, you want to get it back, if not, more. That is why people just starting with real estate investing stay away from subordinate liens. But what really are subordinate liens? On today's show, Keith Baker talks to https://www.linkedin.com/in/james-maffuccio-77440813 (Jim Maffuccio) about subordinate liens and how he got started in this world of distressed second liens. The Founder and Principal of https://aspenfunds.us/ (Aspen Funds), Jim's role includes identifying and developing key investment opportunities currently focused on distressed residential real estate debt, as well as leading efforts in business development, building and maintaining key relationships with hedge funds, note buyers, and sellers, and key service providers in the mortgage note industry. If you want to know if investing in subordinate liens is the right path for you, you wouldn't want to miss this episode. --- What You Don't Know About Subordinate Lien Investing With Jim MaffuccioThis is the only show that's dedicated to teaching everyday people, like you and me, how to prosper with the most passive form of real estate investing known to humankind, while giving tips and ideas that can help keep your money safe with private mortgage lending. It's just as simple. If you're looking for practical tips and advice on being a successful private lender and on how to create wealth without banks or Wall Street, then you're in the right place. If you want to learn from my mistakes so that you can avoid them, jump around them and prosper much quicker, then pull up a chair and pour yourself a stiff drink and get ready to take notes because this show is made just for you. The show does not constitute an offer to sell, a solicitation of an offer to buy or recommendation of any security or any other product service or investment. We're only talking here and rapping out loud. Do your own due diligence and make sure you stay compliant. Having said that, let's get into the heart of the matter. I've got the good fortune of talking with Jim Maffuccio from https://aspenfunds.us/ (Aspen Funds). Not long ago, I decided that I was going to no longer interview real estate fund managers for various reasons. Mostly, because I had locked onto some green fund managers and they didn't exactly succeed. Knowing that I wanted to be conscious of who I led on the show, what we talked about, so on and so forth so I say, “No fund managers for a while, except those few crowdfunding, and things like that.” One of Jim Maffuccio of Aspen Funds' assistant reached out to me and said, “Would you consider interviewing Jim on the show?” I immediately said, “No. Thank you, but I can't recommend anyone invest in subordinate liens and especially nonperforming subordinate liens.” [bctt tweet="There are no bad notes, only bad prices." username=""] I didn't feel like it was a good fit, but the more I thought about it, I was thinking, “Who's better to speak about such a topic on this show?” It is a topic I'd like to cover, but it's one that I don't feel like I have much authority on. I have done some lien lending in the second position, but I don't feel like I have done it enough to talk confidently on it. I decided, “Probably, it wouldn't be a bad idea to have someone like Jim to come on and talk about the ins and the outs.” Just because I don't do something, it doesn't mean that I can't interview someone who does it. It doesn't mean that I can't learn from Jim's process to help you do the same. That's the whole purpose of this platform. At the end of the day, here we go interview with Jim Maffuccio of Aspen Funds. Let's get down to the brass tacks in his interview. --- Everyone, thanks for joining me. I want us to give a special thanks to Jim Maffuccio, who has come on to talk about his https://aspenfunds.us/ (Aspen Funds) and the particular niche that they've...

In this episode, Joe is joined by the co-founder and CIO of Aspen Funds, Jim Maffuccio. Aspen Funds is a fund management company focused on mortgage investments. Joe dives into Jim's past and how he got into this unique space in real estate. They discuss…   How Jim started in the corporate world working for one of the biggest oil companies in the world before deciding to become an entrepreneur How Jim began to learn about distressed mortgages after losing everything Learning and networking by going to conferences Re-tooling his understanding of real estate as he got older Getting paid on performing notes Doing personal development as early as possible and learning from others mistakes.   To get in contact with Jim got to… Aspenfunds.us Reach out directly or use the contact form and submit any questions you may have or if you'd like more info on his side of the real estate business.   To contact Joe go to… Joeevangelisti.com facebook.com/jevangelisti youtube.com/joeevangelisti Instagram: @joeevangelistidotcom

Jim Maffuccio has enjoyed a long and successful career in real estate, and has the battle scars to prove it! Today, as Founder and Principal of Aspen Funds,he's drawing on his over 30 years of real estate experience in a way that many haven't discovered. In this episode, Jim and Shecky discuss how notes can be even more passive than turnkey investing, and how you can create VERY stable returns with this method. This is not all fluff, as we also talk about risk/reward, and the dark underbelly of this asset class. Like us on Facebook to stay up to date with new episodes and exclusive content from Jack, Shecky and our guests!-https://www.facebook.com/High-Return-Real-Estate-Show-2218195228498526 Learn more about Jim at aspenfunds.us. Learn How We Handle True Turnkey Properties: https://highreturnrealestate.com/ Follow us on Social: https://www.facebook.com/High-Return-Real-Estate-Show-2218195228498526 https://www.facebook.com/HighReturnRealEstate/

Jim Maffuccio is a 30-year real estate veteran and an expert in mortgage notes. He is deeply networked in the secondary mortgage industry and is responsible for acquisitions and underwriting as well as relationships with primary sources and key vendors. Mr. Maffuccio received his degree in civil engineering from Louisiana State University in 1979. Upon graduating, Mr. Maffuccio moved to the West Coast and gained extensive project management experience with Exxon. From 1986 to present, Mr. Maffuccio has been engaged full time in the real estate development and investment industry. In addition, he has overseen several hundred purchase, sale, and/or financing transactions, and has been a licensed real estate agent since 1985. During his real estate career, Mr. Maffuccio developed, and/or rehabbed multiple residential projects in Southern California, including infill subdivisions, affordable homes, luxury homes and homesites, multifamily, and planned developments, such as the Gold Nugget Award-winning “Traditions” community in Fillmore. Mr. Maffuccio has personally executed and/or managed every aspect of the development process, including site selection and acquisition, project conceptualization and design, procurement of entitlements and permits, regulatory compliance, entity structuring and capitalization, construction management, marketing, sales, and investor relations. In 2009, Mr. Maffuccio began investing in mortgage loans, developing key sources and vendors and applying his extensive real estate experience to the note investment space. In 2012 Maffuccio co-founded Aspen Funds, a fund management company focused on mortgage investments. What you'll learn about in this episode: How Jim and his team at Aspen Funds leverage relationships to find second mortgages to invest in despite the lack of an established market How the second mortgages Aspen Funds buy average around 20 cents on the dollar, and how they only end up foreclosing on these properties under 2% of the time How Aspen Funds structures their second mortgage deals to get a solid low-to-mid teens return on their investment Why it is possible to foreclose from the second position, and why many people are unaware of that fact How Jim started out as a Southern California-based real estate developer, and how the 2008 market crash forced him to start over using a new business model Why Jim finds his current strategy to be less risky and more profitable than his time as a real estate developer How Aspen Funds offers two different types of passive investment for their clients that offer varying degrees of risk and reward How the “paper” niche is sustainable both in good economic times and in times of struggling markets How to learn more about Aspen Funds and the investment funds they have to offer, and what kinds of investors they look to work with Additional resources: Website: https://aspenfunds.us/ LinkedIn: www.linkedin.com/in/james-maffuccio-77440813/

Bob Fraser has 20+ years' experience as a finance and technology executive and is a Magna Cum Laude U.C. Berkeley computer scientist and a former Entrepreneur of the Year Award winner. In 2012 Bob co-founded Aspen Funds, a fund management company focused on mortgage investments in order to take advantage of a unique opportunity in residential real estate notes. Experiencing the volatility of the stock market, and seeing investors take large losses in their portfolios, Bob and his co-founder Jim Maffuccio were determined to design an investment fund that would provide alternatives to the stock market with excellent investor returns, but without the volatility of traditional investment options. In this episode, Jack Bosch and Bob Fraser discusses notes - and specifically relate this to the seller financing model that many land flippers use to generate monthly cash flow. There are a few potential pitfalls that you can run into if you're not prepared and Bob runs down all of them, in order for you to be able to make wise investments. You'll discover how Bob Fraser thinks about investing and where he believes you need to spend money and effort in order to get amazing returns without any hassles. What's inside: Discover what notes are and why you should invest in them Get tips and tricks for optimizing your seller financing deals Learn how Bob Fraser invests his money Understand why you should always pay full price for a good lawyer Mentioned in this episode Subscribe and rate our podcast at: http://www.Jackbosch.com/podcast Follow Jack Bosch on Facebook to get the latest updates: http://www.facebook.com/jack.bosch Learn to flip land for pennies on the dollar: http://landprofitfun.com/ Join the Land Profit Generator Facebook Group: https://www.facebook.com/groups/LandProfitGenerator/ Learn More about Bob Fraser and Aspen Funds: https://aspenfunds.us

Bob Fraser is on a mission to help investors take advantage of one of the most effective and overlooked avenues of real estate investing: residential mortgage notes. As Founder and Principal of Aspen Funds, Bob has purchased more than 1,000 mortgage notes earning double-digit annual returns without the risk and volatility of traditional investing options. Bob has personal experience with the unpredictable nature of public markets. In the 90's, he launched a tech company, raised $44 million in venture capital, and grew it to over 300 employees. Then the tech bubble burst and he transitioned to finance and investing, becoming CFO for several organizations and running a hedge fund. In 2012, he met business partner Jim Maffuccio, and the two found an alternative way to invest in real estate without the volatility of traditional options. By purchasing discounted residential real estate notes in the American heartland they discovered a high yield, liquid, asset-secured investment that produced consistently superior returns without all the risk. Better yet? They could work with homeowners to help them stay in their homes. Everyone wins. With Aspen Funds, Bob uses his 20-plus years of experience in finance to oversee the company's mortgage note portfolios. A Magna Cum Laude graduate in computer science from U.C. Berkeley and former Ernst & Young Entrepreneur of the Year Award-winner, Bob often makes bold, contrarian predictions about the economy and technology, most of which have already come true. What you'll learn about in this episode: How Bob got involved in the housing market during the recovery from the 2008 market crash, and how he got involved in mortgage notes How the current housing market and economic conditions are very different from the conditions that caused the 2008 crash How President Obama's JOBS Act opened the door to a new level of accessibility for private investment opportunities How Bob's “lienlord” niche works, and how it allows investors to buy notes for pennies on the dollar and create powerful cash flow Why a second position mortgage isn't a bad investment and how the default rate of second mortgages during the 2008 crash was just 5% Why investors are often surprised to learn that they can foreclose from second position and how Bob handles a situation where the first mortgage becomes delinquent How Bob transitioned from working as a computer programmer into real estate after the dotcom crash and how working with the right mentors made all the difference Why Bob recommends you read The Tipping Point by Malcolm Gladwell and The Happiness Advantage by Shawn Achor Why if you create a note with a good interest rate, yield, and a solid pay history, groups like Bob's company Aspen Funds will be happy to buy it from you Resources: Website: https://aspenfunds.us/smart-real-estate-coach/ Website: https://aspenfunds.us Bob Fraser's Recommended Reading List: The Tipping Point by Malcolm Gladwell: https://amzn.to/3am1yOa The Happiness Advantage by Shawn Achor: https://amzn.to/30CKRcU Additional resources: Website: www.SmartRealEstateCoachPodcast.com/webinar Website: www.SmartRealEstateCoachPodcast.com/termsbook Website: www.SmartRealEstateCoachPodcast.com/ebook Website: www.SmartRealEstateCoachPodcast.com/QLS

Jim Maffuccio has enjoyed a long and successful career in real estate and has some battle scars to prove it. Today, as Founder and Principal of Aspen Funds, he's drawing on his over 30 years of real estate experience in a way that many haven't discovered. Jim has become an expert on mortgage notes and is helping investors earn high yields every month without the built-in volatility of traditional investment options.Jim is a man of integrity and faith, and his key motivator - as well as the marker of success for him - is living a life in line with what he believes God intended for him. He is striving every day to fulfill that plan.BIG TAKE-AWAYS: Don't take failure personally, learn from it! Don't let your identity get tied up in what you're doing, success or failureBe willing to let go of the things that you're not good at, or that aren't your highest and best use Model the people you want to be like RECOMMENDED BOOKS:The Bible (https://amzn.to/2Lw254E)  Keystone Habits: PrayerCommunicationContinuous analysis of business KPI'sLinks: www.aspenfunds.us 

Jim Maffuccio, the Founder and Principal of Aspen Funds, leverages his 30 + years of real estate experience to deliver cash flow to his investors using a financial vehicle that many haven't discovered. Jim has become an expert on mortgage notes and his investors earn high yields every month without the built-in volatility of traditional investment options. In 2009, Jim began investing in mortgage notes. Three years later, with his investments proving to be secure, consistent, and highly profitable, he partnered with Bob Fraser to launch Aspen Funds. To date, Aspen has purchased over 1,000 loans in more than 35 states and grown to three separate funds in just over seven years. Jim Maffuccio joins John Carney today in The Real Estate Locker Room to talk about mortgage notes as an alternative real estate investment.

Bob Fraser Bob Fraser is on a mission to help investors take advantage of one of the most effective and overlooked avenues of real estate investing: residential mortgage notes. As Founder and Principal of https://aspenfunds.us/about/ (Aspen Funds), Bob has purchased more than 1,000 mortgage notes earning double-digit annual returns without the risk and volatility of traditional investing options. Bob has personal experience with the unpredictable nature of public markets. In the 90’s, he launched a tech company, raised $44 million in venture capital, and grew it to over 300 employees. Then the tech bubble burst and he transitioned to finance and investing, becoming CFO for several organizations and running a hedge fund. In 2012, he met business partner Jim Maffuccio, and the two found an alternative way to invest in real estate without the volatility of traditional options. By purchasing discounted residential real estate notes in the American heartland they discovered a high yield, liquid, asset-secured investment that produced consistently superior returns without all the risk. Better yet? They could work with homeowners to help them stay in their homes. Everyone wins. With Aspen Funds, Bob uses his 20-plus years of experience in finance to oversee the company's mortgage note portfolios. A Magna Cum Laude graduate in computer science from U.C. Berkeley and former Ernst & Young Entrepreneur of the Year Award-winner, Bob often makes bold, contrarian predictions about the economy and technology, most of which have already come true. Key Points Investing in mortgage notes Being a “leinlord” vs. a landlord How to buy mortgage notes Building a virtual business Lightning Questions What was your biggest hurdle getting started in real estate investing, and how did you overcome it? Bob knew nothing about investing in mortgage notes. He partnered with someone who brought that expertise. Do you have a personal habit that contributes to your success? Bob and his team are patient with deals and stick to their philosophies Do you have an online resource that you find valuable? Networking tools like LinkedIn What book would you recommend to the listeners and why? Rich Dad Poor Dad by Rober Kiyosaki If you were to give advice to your 20 year old self to get started in real estate investing, what would it be? Consider investing in notes. “A good plan violently executed today is better than a perfect plan executed next month” – George Patton Resources Visit http://m/gp/product/B00NB86OYE/ref=as_li_tl?ie=UTF8&tag=jacob0ee-20&camp=1789&creative=9325&linkCode=as2&creativeASIN=B00NB86OYE&linkId=100a9d2905599266aa7088bba0a33d55 (Audible) for a free trial and free audiobook download! https://aspenfunds.us/re-way-to-wealth-freedom/ (Free Resources) including Bob’s economic forecast presentation https://aspenfunds.us/about/ (Aspen Funds)