In this episode, Travis explains how to compound your returns, drawing on his own personal experiences to illustrate this fundamental and impactful passive investing concept. Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. Be the first to get the newest podcast episodes sent to your inbox. Plus, investing tips and advice. Join the newsletter https://bit.ly/3OKRktV Want to be a guest on the Best Ever Show?Sign up here: https://www.bestevercre.com/podcast-sign-up Get the latest FREE eBook: An Investors Guide to Growing & Scaling a Business Through Podcasting: https://www.bestevercre.com/a-real-estate-investors-guide Register for this year's Best Ever Conference in Salt Lake City here! Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: Trevor McGregor Coaching | Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com
Let's welcome an old friend who joined our podcast way back in 2019—Jens Nielsen! What has Jens been up to in the past two years? Let's find out. Jens is a seasoned multi-family real estate investor and certified high-performance coach. He is also the principal at Open Doors Capital, a private equity firm that helps individuals build passive income through real estate. More than that, Jens teaches other people how to start investing in multi-family real estate through his coaching business. Tune in to this episode and learn how Jens helps other people achieve passive income, the key areas of influence, the importance of role modeling in real estate, and so much more. Whether you're in need of a coach or an aspiring coach yourself, Jens' story can teach you a thing or two about high-performance coaching. If you want to learn more about Jens' background, check out his first interview in Episode 159! KEY TAKEAWAYS 1. Once you start addressing what's holding you back, things will start taking off. 2. Teaching other people what you know is an effective way to level up your skills. 3. Sometimes, regular coaching is not enough to push you on the right path to success. 4. Use your best skills in your W-2 job to strengthen your business. 5. Even if your coach is not in the real estate space, they can help you build the right mindset to succeed in the industry. LINKS https://podcasts.apple.com/us/podcast/rg-159-shifting-your-mindset-from-employee-to-entrepreneur/id1071004776?i=1000436488640 https://www.linkedin.com/in/jens-nielsen-multi-family-real-estate-coach/ https://opendoorscapital.com/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com
Episode #235. About Jessica: Jessica Stansberry helps entrepreneurs grow and scale their income by teaching them how to create content that sells FOR them so they can sell more and work less. Jessica's YouTube channel, email list, and Instagram account are FULL of helpful nuggets to help entrepreneurs scale their businesses and become true CEOs.Connect with JessicaWebsiteYouTubeInstagramFacebookTwitterTikTokFavorite Quotes“People normally look at passive as they don't have to do any work, which is absolutely not true. Because almost every stream of passive income still requires quite a bit of work upfront. Passive income (to me) is all the work happens upfront. After the delivery, there's no work.”“Building an audience is the hardest part with affiliate marketing because one or two clicks per month are not gonna pay the bills. But as you build up your audience, they will.”“I wouldn't say there's a minimum viable audience, but a very specific audience. If you can gather even a small amount of very specific people, then you could start making really good money pretty early on.”In This Episode You'll Learn:What earning passive income really meansHaving the right audience for your passive income streamsUsing integrated content and discovering what type of content converts the best for your businessFinding the right brand for an affiliate partnershipPlaying the long game for passive incomeMentioned on the Show:Jessica's Amazon StoreJessica's Affiliate Marketing PlaybookAmazon's Influencer ProgramLove the show? Then why don't you:Leave us a review on Apple Podcasts.Subscribe to the show.Tag us on Instagram @go.to.gal or Jaclyn @jaclyn_mellone and let us know what you think or what and who you'd want to hear on the show!Want to become a Gal Pal? Head on over to this link to Become a Go-To Gal Podcast Insider
In this episode, we review our experience as passive investors as we exit both deals that we've invested in.For more info, check us at makeitraincapital.com.Welcome to Make It Rain: Multifamily Real Estate Investing for Millennials! We're Daisy and Luc, two millennials who love multifamily investing. With every episode, whether we're discussing a special topic or have on an amazing guest, the goal is to provide education and resources for anyone interested in investing in multifamily real estate, especially if you're a millennial. We're excited to chat with you about the what's, the why's, the how's, the who's. The best way to show support is to share it with anyone who might benefit from it and leave us an awesome review. Check out our website at makeitraincapital.com for more goodies. Take action on your financial future TODAY!
You're listening to our brand-new Freelance to Founder SHORTS, 5-10 minute episodes answering one (or two) questions from listeners like you. To submit your question, visit FreelanceToFounder.com/ASK and we'll feature you on an upcoming episode. In today's short, we'll cover 4 powerful ways you can build passive income into your freelance business. Passive income is the holy grail of any business. And the reason why is pretty obvious. Who doesn't want to make money on autopilot instead of clocking in and out everyday to earn a paycheck? So in today's episode, we'll share 4 of the most successful ways we've seen real freelancers grow their passive income. The audio for this episode was actually pulled from our YouTube channel which we've been working really hard on recently. We partner with freelancing expert—like Josh who you'll hear today—to release new videos every week. You can subscribe at millo.co/youtube, by searching “millo for freelancers” on Youtube, or clicking the link in this episode's description. Listen to our full-length coaching calls: http://freelancetofounder.com Support our Episode Sponsors: Sendinblue - Use promo code FOUNDER for 50% off your first three months on a premium account at https://www.sendinblue.com/founder/ Hectic - Everything you need to start, manage, and grow your freelance business — in one place. Tailor Brands - Launch your business in just a few clicks (Use the code: F2F for 40% off Tailor Brands) LinkedIn Jobs - Find the candidates you want to talk to, faster. Justworks - Manage your remote team and run your business with confidence. Zapier - The automation platform that connects your work apps and does repetitive tasks for you. Dripify - Premium learning platform for entrepreneurs. SolidGigs - Get more freelance jobs In this episode: Millo's YouTube Channel for Freelancers Freelance to Founder is made in partnership between Millo, Dripify, and The Podglomerate. Learn more about your ad choices. Visit megaphone.fm/adchoices
HEALTH NEWS Cocoa flavanols may be able to reduce blood pressure Cool room temperature inhibited cancer growth in mice Smells experienced in nature evoke positive wellbeing Healthy lifestyle may buffer against stress-related cell aging, study says Zinc plus antioxidants: A cost-effective solution to macular degeneration? Passive exercise offers same brain health benefits as active movements, study finds Cocoa flavanols may be able to reduce blood pressure University of Surrey (UK), July 23, 2022 A recent study found that cocoa flavanols can effectively lower blood pressure in people with ideal blood pressure, but not when it was already low, as well as reduce arterial stiffness. Researchers of the current study note that previous controlled clinical intervention studies have demonstrated the blood pressure-decreasing and arterial stiffness-reducing effects of cocoa flavanols (CF) in healthy humans. However, as these studies were in tightly controlled settings, the researchers wanted to see how well this intervention played out in real-life scenarios. The researchers used an n-of-1 study design, where a small number of participants were exposed to the same intervention or the placebo multiple times. They then compared the results for each individual as well as between individuals. The study included eleven healthy adults who received alternating doses of cocoa flavanol capsules and placebo capsules for eight days. The results showed that cocoa flavanols were effective in lowering blood pressure and reducing arterial stiffness. One concern about using cocoa flavanols to lower blood pressure is the risk of the blood pressure dropping too low. However, in this study, researchers found that the cocoa had less impact when blood pressure was lower, indicating it was a potentially safe intervention. Prof. Christian Heiss, study author and professor of cardiovascular medicine, explained to MNT: “The study confirms that cocoa flavanols can lower blood pressure and improve arterial stiffness. The new thing is that it does so in the normal life of healthy people and only lowers it if it is ‘high' even in the ‘normal range.” Cool room temperature inhibited cancer growth in mice Karolinska Institutet, August 5, 2022 Turning down the thermostat seems to make it harder for cancer cells to grow, according to a study in mice by researchers at Karolinska Institutet in Sweden. The study, published in the journal Nature, found that chilly temperatures activate heat-producing brown fat that consumes the sugars the tumors need to thrive. Similar metabolic mechanisms were found in a cancer patient exposed to a lowered room temperature. "We found that cold-activated brown adipose tissue competes against tumors for glucose and can help inhibit tumor growth in mice," says Professor Yihai Cao at the Department of Microbiology, Tumor and Cell Biology, Karolinska Institutet, and corresponding author. "Our findings suggest that cold exposure could be a promising novel approach to cancer therapy, although this needs to be validated in larger clinical studies." The study compared tumor growth and survival rates in mice with various types of cancer, including colorectal, breast and pancreatic cancers, when exposed to cold versus warm living conditions. Mice acclimatized to temperatures of 4 degrees Celsius had significantly slower tumor growth and lived nearly twice as long compared with mice in rooms of 30 degrees Celsius. They found that cold temperatures triggered significant glucose uptake in brown adipose tissue, also known as brown fat, a type of fat that is responsible for keep the body warm during cold conditions. At the same time, the glucose signals were barely detectable in the tumor cells. When the researchers removed either the brown fat or a protein crucial for its metabolism called UCP1, the beneficial effect of the cold exposure was essentially wiped out and the tumors grew at a pace on par with those that were exposed to higher temperatures. Similarly, feeding tumor-bearing mice with a high sugar drink also obliterated the effect of cold temperatures and restored tumor growth. "Interestingly, high sugar drinks seem to cancel out the effect of cold temperatureson cancer cells, suggesting that limiting glucose supply is probably one of the most important methods for tumor suppression," Yihai Cao says. Smells experienced in nature evoke positive wellbeing University of Kent (UK), August 5, 2022 Smells experienced in nature can make us feel relaxed, joyful, and healthy, according to new research led by the University of Kent's Durrell Institute of Conservation and Ecology (DICE). Smells were found to play an important role in delivering well-being benefits from interacting with nature, often with a strong link to people's personal memories, and specific ecological characteristics and processes (e.g. fallen leaves rotting in the winter). Researchers found that smells affected multiple types of human well-being, with physical well-being noted most frequently, particularly in relation to relaxation, comfort and rejuvenation. Absence of smell was also perceived to improve physical well-being, providing a cleansing environment due to the removal of pollution and unwanted smells associated with urban areas, and therefore enabling relaxation. Relaxation reduces stress and lowers cortisol levels, which is often linked to a multitude of diseases, and so these findings could be particularly significant to public health professionals. The research, carried out in woodland settings across four seasons, also found that smells evoked memories related to childhood activities. Many participants created meaningful connections with particular smells, rather than the woodland itself, and associated this with a memorable event. This, in turn, appeared to influence well-being by provoking emotional reactions to the memory. Healthy lifestyle may buffer against stress-related cell aging, study says University of California at San Francisco July 29, 2022 A new study from UC San Francisco is the first to show that while the impact of life's stressors accumulate overtime and accelerate cellular aging, these negative effects may be reduced by maintaining a healthy diet, exercising and sleeping well. "The study participants who exercised, slept well and ate well had less telomere shortening than the ones who didn't maintain healthy lifestyles, even when they had similar levels of stress," said lead author Eli Puterman, PhD, assistant professor in the department of psychiatry at UCSF. "It's very important that we promote healthy living, especially under circumstances of typical experiences of life stressors like death, caregiving and job loss." In the study, researchers examined three healthy behaviors –physical activity, dietary intake and sleep quality – over the course of one year in 239 post-menopausal, non-smoking women. In women who engaged in lower levels of healthy behaviors, there was a significantly greater decline in telomere length in their immune cells for every major life stressor that occurred during the year. Yet women who maintained active lifestyles, healthy diets, and good quality sleep appeared protected when exposed to stress – accumulated life stressors did not appear to lead to greater shortening. "This is the first study that supports the idea, at least observationally, that stressful events can accelerate immune cell aging in adults, even in the short period of one year. Exciting, though, is that these results further suggest that keeping active, and eating and sleeping well during periods of high stress are particularly important to attenuate the accelerated aging of our immune cells," said Puterman. Zinc plus antioxidants: A cost-effective solution to macular degeneration? University of Washington and University College London, July 30, 2022 A formula supplement containing anti-oxidants plus zinc appears to be cost-effective in slowing the progression of the ‘wet' form of the most common degenerative eye disease, finds a new study in British Journal of Ophthalmology. The cost savings and effectiveness of the supplement in advanced (category 4) cases of neovascular (wet-form) Age Related Macular Degeneration (nAMD) are such that their use should be considered in public health policy, recommend the multi-centre study team on behalf of the UK Electronic Medical Record (EMR) AMD Research Team. Category 4 individuals who already had nAMD in one eye, showed a cost saving of nearly €3250 (£3000) per patient over the lifetime of treatment, compared to those not given supplements. The Age Related Eye Disease Study (AREDS) formula supplements also increased quality-adjusted life years (QALYs) by 0.16. “AREDS supplements are a dominant cost-effective intervention for category 4 AREDS patients, as they are both less expensive than standard care and more effective, and therefore should be considered for public funding,” wrote lead researcher Dr. Adnan Tufail. The study examined the use of AREDS formulation 1 and formulation 2 supplements. AREDS 1 contained 80milligrams (mg) zinc, 2 mg copper, 500 mg vitamin C, 15 mg beta-carotene, 400 IU vitamin E. AREDS 2 reduced the amount of zinc to 25 mg, excluded beta-carotene (due to potential higher cancer risk in smokers), and added 10 mg lutein, 2 mg zeaxanthin, 1000 mg omega-3 fatty acids (650 mg docosahexaenoic acid and 350 mg eicosapentaenoic acid). These findings are consistent with previous research demonstrating the effectiveness of AREDS supplementss. Consequently, the researchers advocate the use of supplements to reduce the necessity for ranibizumab injections, which is the standard NHS treatment for AMD. Passive exercise offers same brain health benefits as active movements, study finds University of Western Ontario, August 4, 2022 A new study by kinesiology graduate students from Western has found passive exercise leads to increased cerebral blood flow and improved executive function, providing the same cognitive benefits as active exercise. Published in Psychophysiology, the study is the first to look at whether there would be benefits to brain health during passive exercise where a person's limbs are moved via an external force—in this case, cycle pedals pushed by a mechanically driven flywheel. During a 20-minute session with healthy young adults, the team found an improvement in executive function of the same magnitude for both the passive and the active exercise conditions, without an increase in heart rate or diastolic blood pressure. Executive function is a higher-order cognitive ability that allows people to make plans and supports the activities of daily living. People who have mild cognitive impairments, such as people experiencing symptoms of early-stage Alzheimer's, can find their executive function negatively affected. Previous research has documented that active exercise, where a person activates their muscles of their own volition, can increase blood flow to the brain and improve executive function. Passive exercise also increases blood flow to the brain, but this is significantly less documented. During passive exercise, a person's limbs move and their muscle receptors are being stretched. That information is sent to the brain, indicating that more blood is needed in the moving areas of the body and in connected regions of the brain. This increase in cerebral blood flow, while significantly less than with active exercise, produced executive function improvements of a similar magnitude—an exciting result for the researchers. "The potential impact for people with limited or no mobility could be profound. If done regularly, the increase in blood flow to the brain and resultant improvement in executive function will, optimistically, become a compounding effect that has a significant impact on cognitive health and executive function," Heath explained.
In this episode, Lauren talks to the seller of an Amazon KDP business created in June 2014 in the books and culinary niches. Listen in to find out how the business makes an average of $7,521 per month in net profit, why the seller has decided to sell, the lessons learned from running the business, and much more. Visit https://app.empireflippers.com/listing/62024 to learn more about this business.
Mike Wolf takes us on his journey growing up in Canada, becoming a real estate investor, and building a portfolio of cash flowing rental properties that now serve to finance his lifestyle of full time world travel. He talks about his lessons from real estate investing and the value of buying “turnkey” rental properties. Mike then talks about his early experiences in the real estate education industry and shares some cautionary behind-the-scenes stories. Next, he talks about how he built his current coaching program, The Wolfpack, and explains how he scaled it to a 7 figure business in just 8 months. Mike then talks about his passion for making a positive impact, and shares some of his most meaningful experiences affecting positive change in the world. Next he reflects on how his interest in world travel developed and tells the story of how he took his daughter out of school in 2nd grade for two years to travel the world full time. Mike then reflects on the impact travel has had on him, why he continues to travel, how he designs his lifestyle, and how he sustains an exciting nomadic lifestyle over the long term. FULL SHOW NOTES AVAILABLE AT: www.TheMaverickShow.com
The King's Council Podcast is back with another amazing guest, in this episode, Rylee interviews Kyle Thompson. Born in Oklahoma, Kyle founded https://www.undaunted.life/ (Undaunted.Life) in 2017. The mission of Undaunted.Life is to equip men to push back darkness. They do this by providing content that leads men to forge spiritual, mental, and physical resilience. He is also the host of https://www.undaunted.life/podcast (Undaunted.Life: A Man's Podcast), which has reached the top 10 and top 15 on the Apple Podcasts and Spotify charts respectively. On the show, he tackles hot button issues that most pastor won't go near, such as the lack of true masculinity in the Church, supposed “toxic” masculinity in culture, how to defeat pro-abortion arguments, wokeness and cancel culture, CRT, the LGBTQ+ cultural revolution, and much more. Additionally, he has been a guest on podcasts like Unashamed with Phil, Jase, and Al Robertson, Mike Drop with Mike Ritland, Cooper Stuff with John Cooper, Can You Survive This Podcast? with Clint Emerson, and Unbelievable? with Justin Brierley. When he's not working, he can be found hanging out with his wife Kelsi, his two sons (James & Elijah), and his dogs (Roman & Otis), working out, or doing jiu-jitsu. Key takeaways: Kyle's mission to help men push back darkness in today's society. The problem with society weakening men. The real toxic masculinity: Passive men. Today's fight is between “Woke” Christianity and Biblical Christianity. How we can do our best, through our seasons in life. Quotes: “Most men's ministries are women's ministries repackaged for men ” - Kyle Thompson “The toxic masculinity that I see is passivity in men” - Kyle Thompson Connect with Kyle: Listen to Kyle's podcast: https://podcasts.apple.com/ci/podcast/undaunted-life-a-mans-podcast-by-kyle-thompson/id1326692289 (The Undaunted Life: A Man's Podcast) Follow Kyle on : Facebook: https://www.facebook.com/UndauntedLife/ (https://www.facebook.com/UndauntedLife/) Instagram - https://www.instagram.com/undauntedlife/ (https://www.instagram.com/undauntedlife/) Twitter: https://twitter.com/KyleOKC (@kyleokc) Help Kyle push back darkness, donate https://www.undaunted.life/donate (here) — The King's Council's mission is to help you discover and deploy your God-given talents. Our signature coaching program will give you the tools, tactics and strategies to radically change and level up in all areas of your life. Visithttps://www.kingscouncilcoaching.info/discover ( kingscouncilcoaching.com) to find out more about unleashing your God-given talents. For the Kingdom Money Principles Cheat Sheet, text “Money” to 727-472-3860. — If you loved what you heard, Follow, Rate and Review this podcast onhttps://podcasts.apple.com/us/podcast/kings-council-podcast/id1548021619 ( Apple Podcasts ) You can also listen to the show on: https://spoti.fi/3waQvB5 (Spotify) https://amzn.to/364ftHE (Amazon Music) https://bit.ly/35s8mbW (Google Podcasts) https://bit.ly/36k6W3P (Stitcher) Subscribe to our Youtube Channel:https://bit.ly/3pYVALm ( https://bit.ly/3pYVALm) — Follow the King's Council on Instagramhttps://www.instagram.com/kingscouncilcoaching/ ( @kingscouncilcoaching ) Follow Rylee Meek on Social Media Instagram –https://www.instagram.com/theryleemeek/?hl=en ( @theryleemeek) Facebook –https://www.facebook.com/rylee.meek ( facebook.com/rylee.meek) Start the next conversation about mentorship and finding your mentors by tagging me on Instagramhttps://www.instagram.com/theryleemeek/ ( @theryleemeek) andhttps://www.instagram.com/kingscouncilcoaching/ ( @kingscouncilcoaching). You can watch this and past episodes ofhttps://www.youtube.com/channel/UCKNV91JvmldjOCSMhqIf1yw ( the King's Council on our Youtube Channel.)
In this episode, Travis explains that there are two sides to the coin when it comes to money: saving and investing. He illustrates the importance of both sides and the downside of focusing only on saving while neglecting to invest. Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: Trevor McGregor Coaching | Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com
In business, rewards are not immediate. It takes time to find your groove while starting a business from scratch. Fellow entrepreneur and podcaster Andrew Schutsky is here to tell us his secret sauce to building a business while working a day job. Andrew Schutsky is the founder of Redline Equity, a real estate investment firm providing passive investment opportunities to busy professionals; the CIO of TE Connectivity, a $700 million medical technology company, and the host of the Crushing Cashflow podcast. Andrew found out early on much opportunity there is in real estate. Like most entrepreneurs, he started his real estate journey working through limitations before he found strategies that worked for him. In today's interview, we talk about finding the balance between your day job and business, how to prioritize while starting from scratch, the importance of understanding what niche you are in, and a whole lot more. Building a business from the ground up is not easy, nor is it quick. If you're struggling to prioritize, remain consistent, or find where you belong on the wheel, tune into this episode to learn how you can overcome these problems. KEY TAKEAWAYS 1. You don't control your own destiny, and you don't know if your outlook will change—why not plant some seeds now? 2. You can't avoid the struggles and limitations you will go through at the start. 3. Building consistency is the key to finding the perfect balance between your day job and business. 4. Starting your business from scratch takes time; rewards are not immediate. 5. Don't lose sight of what you're working so hard for; take breaks, then refocus. 6. A support structure is essential in handling a business while taking care of your family. LINKS https://www.linkedin.com/in/andrew-schutsky-33a12b3/ https://podcasts.apple.com/us/podcast/crushing-cashflow/id1557121655 https://www.investwithredline.com/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com
Sandhya Seshadri is an experienced general partner in multifamily aspects, from broker relationships, underwriting, analysis, and raising capital to close syndication deals. . She has been a leader in the equities markets for over 20 years and had moved into commercial real estate due to the tax advantages and the ability to uniquely “force appreciate” each asset. It's become her mission to help other people capitalize on all of the benefits of real estate investing. . Today in this podcast sandhya will share the top 5 questions to ask when putting your money in a multifamily deal so you don't lose money. . Get Your Free Copy Of Passive Investing In Commercial Real Estate Now: https://bit.ly/3Pu3tEd Join achieve academy and learn the multifamily investment business with the right mentorship. . ☑️ Check out James Kandasamy at
Join Daniel Nickles with his guest Taylor Loht as he shares what he learned to be the most effective strategy for becoming a successful passive real estate investor. Before investing in real estate, Taylor belonged in the world of banking and consulting. But he didn't want his whole life to be there. Taylor talks about the books that pushed him to invest, why he thinks good investing should be boring, the red flags to take note of as passive investors, and why having FOMO is a danger to investing. In this episode you will learn: Once you dive into real estate, you'll know how much you didn't know Taylor Loht on the shiny object syndrome You can lose money on anything What passive investors should watch out for the most in syndication It's ok when you don't feel ok about a deal About Taylor Loht: Taylor is on a mission to teach Busy Professionals how they can invest in real estate without dealing with tenants, toilets, and termites. He highlights and distills the knowledge, experiences, and lessons of expert real estate investors through his podcast, YouTube Channel, and email newsletter Passive Wealth Strategies for Busy Professionals. His goal is to help his listeners and investors build lives of abundance. He believes that building passive streams of income is the best path to wealth generation, not the typical, boring, "Don't have that $4 latte you enjoy twice a week." Enjoy your latte and buy some property! He has partnered in over $50 million in Multifamily and Self Storage investments, as both a General Partner with his company NT Capital LLC, and Passive Investor through tax-advantaged retirement accounts. He invests remotely and never deals directly with tenants. Taylor lives in Richmond, Virginia, where he started and runs the monthly Richmond Multifamily Investors Meetup, trains Brazilian Jiu-Jitsu, and actively contributes to BiggerPockets. Connect with Taylor Loht on: Website: https://www.passivewealthstrategy.com/ Connect with Two Smart Assets on: Website: https://twosmartassets.com/ Facebook: https://www.facebook.com/TwoSmartAssets/ Instagram: https://www.instagram.com/twosmartassets/ YouTube: https://www.youtube.com/channel/UC5b8x2o3ByaPBcz5Lkev7uw
A reliable return metric is an important aspect when making investment decisions. Not only does it help you visualize potential profit, but it also serves as a point of reference moving forward. While cash on cash return is a staple measuring system, there are other metrics you should know. In the thirteenth episode of Passive Investing Show, J welcomes Jordan Moorhead, a real estate investor and the owner of The Moorhead Team. Join them as they explore different return metrics and how accreditation can unlock more investment options. Here are some power takeaways from today's conversation: Passive businesses are ideal. Do not undermine depreciation benefits. Gamble wisely on angel investments. Focus on other return metrics too. Accreditation makes investing smoother. Episode Highlights: [01:44] Shifting Gears to Passive Investments Jordan ventured into house hacking after starting a successful business. His interest in maximizing his capital growth led him to build a real estate sales team. His struggle to find good active investments convinced Jordan to use his wealth passively. He conducted due diligence with the following factors in mind: Integrity of the partnership Reasonability of the business plan Familiarity with the area of investment [07:53] Managing Returns and Expectations He expects a lesser monetary return in passive investment. There is more wealth in active businesses, but they also take more work. The value of depreciation benefits real estate professionals. It equates to a lower tax bill. [10:46] The Diversity of Return Metrics If you're living off passive investments, cash on cash return is a vital metric. However, you need to look at various return metrics, too. You can look at equity growth and tax benefits from depreciation if you aim to grow your wealth. [14:18] Becoming an Angel Investor Jordan recently invested in an AI smart chatbot. He uses this product to drive leads on his wholesaling website. Supporting a business with an intangible product is risky. He looks at private investments as a wise “gamble.” [18:07] Plan Ahead Jordan wants to continue building his business to generate more revenue for the company and its employees. He also plans to build their home-buying company alongside his passive investment. Accreditation in passive investments unlocks more options for investments. Encompassed with legal structure, accredited investments usually have smaller buy-ins. [22:38] Jordan's Advice for Starting Strong Having a great system of managing money and wealth is foundational. Keeping expenses low and owning an investment account helped Jordan pile up his wealth efficiently. Notable Quotes from the Episode: [12:44] “I love real estate because there are so many different ways that you make money that is not just equity growth. There aren't such wild swings in values compared to the stock market.” Resources Mentioned: Global Go Abundance Conference Ashcroft Capital Endurance Capital Connect with Jordan on Instagram or call 512-888-9122 The Passive Investing Show
We made it!!! EPISODE 250! Enter our drawing for a free 1 hour online coaching session with Paul and enter "Episode 250" and leave me a question for the show. EMAIL PAULIn today's episode I will...--> Go over some quick stats.--> Introduce our new sponsor.--> Discuss common causes of anterior knee pain with passive knee ext.--> Discuss how to identify the sources of the above and so much more!!
Making some money in your biz, but have nothing to show for it? You're burnt out, taking no time off, feeling weighed down by debt… There is a better fucking way! In today's episode, I want to talk about why the coaching industry has me so pissed off and the practical ways for you to get out of the industry trap of making more money just to spend more of it. Ready for a real ass conversation around wealth, money stabilization, and how to get your money working for you? Let's talk about passive income and how to actually have and grow a strong, healthy, pleasurable, AND sustainable coaching biz. I dive into: Why I'm pissed at our industry (and what needs to change!) How to build a sustainable coaching biz 6 months, 5 years, 10 years out! Saving/investing/donating - why you need to start soon & small Making more to spend more (and how to get out of this fucking trap!) Passive income in the coaching industry And more Come join me in my FREE private Facebook group, Visible AF: https://www.facebook.com/groups/VisibleAF/ Send me a DM on Instagram! https://www.instagram.com/juliamotherfuckingwells/
Perhaps you have had one or at least met the type. Passive aggressive behavior is easily recognized but the signs are often subtle: sarcasm, extended silence, subtle criticism, avoidance and habitual lateness are all forms of passive aggressive personalities and they can be highly corrosive. Recognizing and learning how to cope with this personality is the key to maintaining friendships and sometimes relationships. In this episode Alvean and Doug describe the personality in more detail and talk about coping mechanisms for those who have such individuals in their lives. For a full transcript, click here: 68-The Passive-Aggressive Partner
Today let's welcome Christine Hsu, Christine is a former R&D Product Research Scientist in the Food & Beverage Industry turned Real Estate Investor focusing on multifamily properties. Looking to connect with other active and passive investors, brokers, lenders, and professionals in the real estate industry. Let's learn more about Christine's journey, with no further ado let's Dive in [00:00 - 06:05] Former food scientist turns real estate investor, Christine Hsu is a former R&D food scientist and researcher turned real estate investor. She started with a Single-family rental and then very quickly scaled to multi-family. Alongside, she was investing as a limited partner and was doing rehabs and leasing She considers it a parallel path for food and real estate as it is a basic need for humans to have these commodities. She is currently doing larger deals. [06:05 - 12:03] How to Scale Your Commercial Real Estate Portfolio Christine has faced challenges scaling its commercial real estate portfolio, including high-interest rates and volatility in the market. For Christine scaling is all about mindset, and, it revolves around setting goals and surrounding herself with people who are already successful in the industry. By learning from those who are already successful, Christine was able to scale their portfolio quickly and reach their goals. [12:04 - 17:45] Surrounding yourself with successful people. Successful people are busy and don't have enough time to do small talks But being a limited partner in their deals, Christine was able to take advantage of observing how they handle their deals. And if there are chances, she would utilize the time to ask them as many questions as she can to learn. Christine shared that during the pandemic when everything went virtual, she was able to connect to people in the industry. She adds that recently just by networking they were able to close a deal She shared that what changed her mindset was the book “Who Not How” by Dan Sulivan. For Christine, everybody is leveraging each other and it's a team sport. [17:06 - 19:28] Closing Segment Reach out to Christine Hsu Links Below Final Words Resource Mentioned: Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork Tweetable Quotes “It's a team sport everyone's working together. So for me, it was leveraging people who had more experience than me to get me where I wanted to be, as opposed to just figuring out how to do it. It's just, finding the who's that can get me there.” - Christine Hsu ---------------------------------------------------------------------------- Connect with Christine Hsu on LinkedIn and visit their website at noblivest.com Connect with me: Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → firstname.lastname@example.org Want to read the full show notes of the episode? Check it out below: [00:00:40] Sam Wilson: Christine Hsu is a former R and D food scientist and researcher turned real estate investor. She started with a single family rental and then very quickly scaled to multi-family. [00:00:49] Sam Wilson: Christine. Welcome to the [00:00:50] Christine Hsu: show. Thank you so much, Sam, for having me. I'm excited to be here. [00:00:54] Sam Wilson: Pleasure's mine. There's three questions. I ask every guest who comes on the show in 90 seconds or last, can you tell me, where did you start? Where are you now? And how did you [00:01:01] Christine Hsu: get there? Yes. So I started my career as a food scientist, as you mentioned in the intro. [00:01:08] Christine Hsu: And then wasn't feeling the corporate world. So went into real estate and brought me a lot of freedom for myself and my family. And, Now I'm moving into multifamily looking not just a multifamily, really commercial real estate and expanding and hopefully diversifying from from there. [00:01:23] Sam Wilson: So got it. [00:01:25] Sam Wilson: Now, what is a food scientist? [00:01:27] Christine Hsu: So, if you go to the store on the shelves, there's a lot of manufactured foods behind all of that is the technical part of a food scientist that formulates those food products to make it scalable and can be mass produced. That's my background. [00:01:42] Christine Hsu: There's a lot of engineering, biology, chemistry behind that. And yeah, so my specialty, when in my career was actually a sensory. So I studied how people perceived how they experienced food through their five senses and measured it through statistics and research. So it was really interesting. [00:02:04] Sam Wilson: I'm sure. I'm sure it is. So you were part of the team responsible for making that awesome lime flavor on those todos lime chip. That probably has no lime in it. I'm assuming, but uh, certainly tastes like lime. [00:02:17] Christine Hsu: Yeah. It has lime flavors that are extracted from actual limes, but they put it into a powder and they spray it onto the chips. [00:02:24] Sam Wilson: Yes. That's just wild and crazy. I love it. Very cool. But you said, Hey, I'm not loving this, let's get into real estate. what gave you the real estate bug? [00:02:33] Christine Hsu: Yeah, so, I mean, I loved what I did. I just didn't like the corporate culture and, Just being in a corporate environment, it felt a little bit to me like stifling. [00:02:42] Christine Hsu: It was just you how to show up to work every day, eight to five, at least if not more, when you had projects that required more attention. And even on the slower days where there's less projects, you still had to show up eight to five. So, I feel like there wasn't as much flexibility and really what hit the nail on the head was when I had kids young kids, I was. [00:03:01] Christine Hsu: I would rather be at home watching my, six month old play than be here and do this stuff. So , I decided actually I asked my stuff. I was like, well, what can I do where I can still replace my income, bring home Bring home income to my family, but still have that flexibility and landed on real estate. [00:03:21] Christine Hsu: And actually a lot of arrows pointed to real estate as being an advantage, including tax benefits that also, brought a huge benefit to our family. So that's kind of how I landed [00:03:30] Sam Wilson: there. How long did it take you to go from single family to multifamily? [00:03:34] Christine Hsu: Yes. It took about, well, it was a little bit of both because when I became a single family investor, I did the birth strategy in parallel to that. [00:03:44] Christine Hsu: I was also investing as a limited partner alongside all the active stuff that I was doing with rehabs and leasing and all that stuff. I had set aside money to put, to work on the. Passive side as a limited partner so that, that can make me money too. So it was two, it was a parallel path. [00:04:00] Christine Hsu: I mean, I would say I was always involved in commercial and really I was had the intention of going that direction, but wanted to watch from the sidelines first to see the real, the big time experts how they run their show. And then it took about maybe a year. A year or two about a year and a half before I said, okay, I'm gonna go active into syndications in multifamily. [00:04:22] Sam Wilson: Gotcha. That's that's really cool. I love that. Tell me, if you have a background in, measuring how people perceive and taste food, right? Like that's yeah. That's a very nuanced skill. What are some parallels you see in between what you learned as a food scientist, doing what you did there to, how you approach your multifamily investments. [00:04:42] Sam Wilson: Are there any [00:04:42] Christine Hsu: parallels? There are definitely parallels because I think both meet the basic need of human beings. You've got food and you've got shelter. And I like to focus on those, you invest in things that will change lives. I think that was something that I heard recently, a quote. And they are things that we need. [00:05:00] Christine Hsu: So I feel like recently now I'm, I'm starting to raise some capital for some larger deals. It's all about meeting a need. And I feel like there are a lot of people out there who are, making decent incomes. They don't have time to be active investors, but they do wanna invest passively and all they know is the stock market. [00:05:23] Christine Hsu: So no one's really told them that they have other opportunities beyond that in alternative assets. And. I've met a lot of investors where, it's the need that's already inside of them. I said, Hey, look, you can invest in real estate and have all the advantages of real estate. And do it passively while you focus on your career still and not have to be so hands on, you don't have to be flipping houses. [00:05:43] Christine Hsu: And changing out toilets, you can do this on the side and still get really great returns. And I've had a lot of investors. Convert to being at an LP very, very quickly and just, a couple of meetings. These are people that I know personally who ask, what are you doing now? [00:05:59] Christine Hsu: And I tell them, I invest in real estate and I actually allow others to invest with me. And they're like, oh yeah, tell me more. So I feel like there's some parallels there because there's a need that is being met. Whether it's. Food housing, or just having additional investment opportunities to bring in passive income and even bring wealth generational wealth and a legacy to their families. [00:06:23] Sam Wilson: Yeah, absolutely. What are some challenges that you have faced in scaling a commercial real estate portfolio? [00:06:30] Christine Hsu: well I think I started in 2020 and the real estate world has seen a lot of. Very high ups and now we're kind of going on the downside. I, some of the challenges I face is just. The volatility of the market. [00:06:47] Christine Hsu: Just in the time that I started and I wouldn't say it's a challenge, you kind of just go with the flow. It's almost like you're in the Rocky rapids, like choppy rapids of the waters. You kind of just have to, clinging on and go with the waves. And so really, there's things that I feel like is a little bit. [00:07:06] Christine Hsu: Stable. Although real estate is still very stable asset, but just the ups and downs. It's been a little bit challenging for me. someone who started newer to kind of keep track of it, but it's also exciting too, because I get to see a lot happening. And really even. When the world is concerned, that's the best time is there's always opportunity in those kind of Rocky moments. [00:07:29] Christine Hsu: So I'm excited to be a part of it. And really it's all about making sure that you're taking measured risks with contingency. And building that into all of the underwriting. [00:07:39] Sam Wilson: When you say measured risk with contingency what is, what comes to mind when you say that. [00:07:43] Christine Hsu: so, the interest rates are going up substantially and very quickly. [00:07:48] Christine Hsu: So it's making sure that the numbers are writing in higher interest rates and having that sensitivity analyzer, really Making sure. If it goes like extremely high to like maybe 9%, 10%, what would that look like? And just being prepared for any scenario that happens. Like, I don't think that's going to happen really just based on historical data, but you know, if it does, you never know, it's like no one has that crystal ball. [00:08:14] Christine Hsu: But you have to be prepared for some, for something like that. [00:08:17] Sam Wilson: Absolutely. Absolutely. Tell me about when I say the words, how to scale, like, what advice would you give to somebody. Or what advice would you give to yourself two or three years ago that you would say, Hey, this is what I would do. [00:08:29] Sam Wilson: If I wanted to grow my commercial real estate portfolio as an active investor, what would you say? [00:08:35] Christine Hsu: Yeah. So for me, actually it's a little bit different. It's about mindset. Scaling is all about mindset. And for me, I have to sit down and be like, well, why do I want to scale? what is my goal at the end of the day? [00:08:47] Christine Hsu: So I really looked at those goals and kind of work back. And scaled, according to what that end goal is. So it could be anything like, okay, for myself and my family, I wanna cash flow $10,000 a month. Or I want to expand my portfolio to, a thousand units or 500 million dollars of real estate on assets, under management. [00:09:08] Christine Hsu: These are just goals. And I feel like once you have the final destination in sight, you can work backwards to really. Define what those milestones are. to get to that end goal. So for me, it's all scaling is all about mindset. I think it's easy to just, keep going, but really not know where you're going or I'm speaking for myself. [00:09:30] Christine Hsu: So I really had to be very clear on what that end goal [00:09:33] Sam Wilson: was. Got it. I love that when you set that end goal. So, so now you determined your, why was there anything inside of you that said that's not possible or I that's for somebody else? Not me. [00:09:46] Christine Hsu: Oh, of course. I mean, Limiting beliefs are just, it's natural. [00:09:50] Christine Hsu: We always have them. And I definitely did. But I feel like for me, it's like surrounding myself with people who are already there. Really helps me get there to say, I, yeah, it's daunting. I might just be starting out or new, newer in the business, but if they can do it and they're alongside kind of helping out and I'm asking them for advice, I could get there too. [00:10:14] Christine Hsu: And probably in a similar timeframe. Cause I've been surrounded by so many people, just really talented, smart people who have gotten to. Goals in just a few years and I'm like, wow, how do they do it? And so it's just not being shy and really reaching out to them being like, Hey, how can I bring you value? [00:10:33] Christine Hsu: And how can I just learn from you [00:10:35] Sam Wilson: too? Right. And that was my next question. How did you go and surround yourself with people? Just put a flag out. That's, I want myself with really cool, smart people that are. Picking button taking names in real estate. Obviously it's not [00:10:46] Christine Hsu: what you did. [00:10:47] Christine Hsu: What did you, yeah, no, I wish it was that easy, but these people don't have a lot of time to, you know, to talk to you if you just put out a flag. So for me as I mentioned earlier, I started off being a limited partner in their deals. Even if I didn't have a lot of one-on-one time to ask them like, small, silly questions, I just watched, I observed what they did, how they handled their business. [00:11:10] Christine Hsu: How they acquired real estate, how they work with their investors and learn from that. And of course, they have people on their team to, that are available, their investor relations team. You can ask them as many questions as you want. I feel like they're an open door because essentially they have to be so, just utilizing their resources that are available for their investors being one of their investors in learning from them was the easiest way that. [00:11:34] Christine Hsu: I was learning from them and [00:11:35] Sam Wilson: observing. Yeah. And it's funny you and I took a similar path on, on, to, to that. I CA I came into commercial real estate, like you did first as limited partner. Yeah. And I recommended that countless times of people, like, what would, what's the first thing you'd do was like, well, if you have the capital. [00:11:50] Sam Wilson: even if it's just 50 grand in one deal, mm-hmm, do that. Get a front row seat and see how someone else already in the industry is handling their business, how they put out their deal, decks, how they communicate, how they do webinars, how often they give, quarterly updates. If they do live calls, like what is their process and get a feel. [00:12:07] Sam Wilson: And you might find things in their process that are broken. You might be like, oh, I can do that better. If I become an active sponsor or that's a really cool thing, they did. Let me see if I can duplicate that. So that's I think that's really cool. After you were a limited partner, what did you do next? [00:12:20] Christine Hsu: Then it was a lot of networking. It was joining, meetup calls thanks to zoom. And even with the pandemic, everything went virtual. So everything is pretty much available. In LinkedIn, I was very active on LinkedIn. Really. If you're connected with one person you're connected with almost everyone in this industry. [00:12:38] Christine Hsu: So really just, reaching out to people that way through those channels, seeing if they have meetup groups online, that meet and then going from there once. In a meetup group and network there, then you meet so many others and it just keeps going. It's it's endless in terms of the possibilities of the people that you meet. [00:12:56] Christine Hsu: And then they become very close friends and part potential partners, too. And so that, that was kind of how I expanded my learnings and skilled really my network in real estate. [00:13:06] Sam Wilson: How'd you get your first deal done? [00:13:09] Christine Hsu: First real estate deal or first, [00:13:12] Sam Wilson: first commercial deal, first commercial real estate [00:13:14] Christine Hsu: deal. [00:13:15] Christine Hsu: Yes. So that was actually recent. We only just closed a month or so ago and it was through networking. I had met this This operator probably over a year ago, about a year and a half ago at a conference. And just kept in touch with her. And it was. So the lead sponsors, there's a couple groups, but one of the main lead sponsors is an all female group. [00:13:40] Christine Hsu: And so obviously we bonded being females in this industry and we just kept in touch. Like every quarter we would check in to see how we're doing, and if there's anything that we can help each other with almost became like pseudo accountability partners even. And then she she and her team had an opportunity that they were. [00:13:57] Christine Hsu: Under contract for, and also raising funds. And that I said, Hey, I'd be happy to help you out and raise some money with you and join your team and also help with other activities, anything that you need help with. So that's, that was the first deal that I joined as a co GP on. And, it's been great. And even from there, other team members and connecting with them kind of just expanded my network and my knowledge too. No, [00:14:22] Sam Wilson: that's really cool. I love that. And again, it goes back to those relationships. I think that you've been building, a year it's a good amount of time to know somebody, but it does take sometimes years, to where like, Hey, I actually. [00:14:33] Sam Wilson: We've known each other for a long time. Let's see if there's a chance for us to work together on something. So that's really fantastic. We're there. And I love the fact that this was just your first deal you got across the finish line. Cause this is very fresh for you. Yes, we'd get, we get all sorts of guests on this podcast or we get everybody from, you, Hey, I just closed my first commercial deal a month ago to, somebody else that might be like, Hey, I've got 3 billion in assets, under management. [00:14:56] Sam Wilson: I mean, they're all on here. So I love that we get to explore kind of both sides of this. journey. Tell me, was there, are there things that you would do differently on your next deal that you said, Hey, this is the lesson I learned. I'm gonna do it differently next time. [00:15:08] Sam Wilson: And then if so, why? [00:15:09] Christine Hsu: Yeah. I mean for us, we are just growing our networks, we're growing our investor list. And I think for the next deal, like we're growing and expanding our deals as well. So this first deal was a 5 0 6 B. We've done a couple others also in parallel. And now we're moving into the world of 5 0 6 CS where we can advertise. [00:15:32] Christine Hsu: So I. Think that, I would really do anything differently per se. I think it's just a journey and a progression. But definitely in terms of learning, it's there's some things that I could do better in terms of investor relations and even the process just to improve on, the entire process and the experience for investors going forward. [00:15:49] Christine Hsu: And I feel like with every deal you learn a little bit of something [00:15:52] new [00:15:52] Sam Wilson: Yeah. Absolutely. Is there a software, is there a platform, is there something that you are using when you're bringing investors on that you would recommend? [00:16:01] Christine Hsu: Yes. So, For most of my deals, they've been syndication pro it's been a very user friendly platform. [00:16:09] Christine Hsu: It's, aesthetically pleasing for both sides on the sponsor side and the, on the investor side, just to see everything clearly you can see your distributions whatever documents are housed, there is just very clean. And then we're also exploring with another group invest next. So just kind of comparing the different platforms. [00:16:29] Christine Hsu: I wouldn't say I have a lot of experience with invest next cause we're just starting out. But it's nice to kind of see, compare and contrast the different tools that are out there. [00:16:37] Sam Wilson: Absolutely. Absolutely. No, and that's great. I think it's one of the things that is, if you're listening to this and you don't. [00:16:43] Sam Wilson: And I'm not, we're not rec recommending one or another necessarily on this show, but if you don't have an investor platform, you gotta get one. I mean, it's something that, just, it really ups your game. They're not terribly expensive. Not com not relative compared to, the types of assets we're buying. [00:16:59] Sam Wilson: It's not an expensive investment. So that's certainly a cool thing. I'm glad really, to hear out of the gate you were launching launching with a good platform there. That's so cool. Last question for you. Is there anything else that you'd like to share with our listeners that you can think of? [00:17:12] Sam Wilson: You're like, Hey, here's something that has been meaningful to me in the last, I guess two years or so of your commercial real estate journey. [00:17:19] Christine Hsu: Yes, absolutely. For me, Just starting out in real estate. It looks, it seems like a very daunting thing, especially if, as you see everyone skilling at a hundred miles an hour and you're kind of a newbie like that was me. [00:17:31] Christine Hsu: Right. I'm just like, how did these people do it? And really what changed my mindset and perspective was the book called who not how so. It's very popular in our space. I think a lot of people recommend that book and I do as well. It's a whole mindset shift. It's not about how to do something because we're so limited in our knowledge I've I was very limited. [00:17:52] Christine Hsu: I didn't have the experience obviously, but leveraging people who do. So I feel like in syndications, the big keyword is leverage, right? Everyone's leveraging each other. It's a team sport everyone's working together. So for me, it was leveraging people who had more experience than me to get me where I wanted to be, as opposed to just figuring out how to do it. [00:18:14] Christine Hsu: It's just, finding the who's that can get me there. [00:18:17] Sam Wilson: I love it. Absolutely love it. Christine, thank you for taking the time to come on today. Certainly appreciate it. This was lots of fun. Learning about you, your journey thus far, getting your first deal done. Yeah. Kudos to you. Keep up to good work. [00:18:29] Sam Wilson: If our listeners wanna get in touch with you and learn more about you and what it is you're doing, what is the best way to do that? Yes. [00:18:34] Christine Hsu: You can check us out on our website at noblivest.com and also I'm pretty active on LinkedIn. You can find me on LinkedIn really looking forward to connecting with all of you. [00:18:45] Christine Hsu: Don't hesitate to reach out if you have any questions or just wanna network. I'm always open to that. [00:18:51] Sam Wilson: Awesome. And noble vest is N O B L I V E S T. If you're just listening to this, we will, of course include this all in the show notes as well. Christine, thank you so much. Do [00:19:01] Christine Hsu: appreciate. Awesome. Thank you so much, Sam.
Want to become financially free through real estate? Check out our eBook to learn how to jump start a cash flowing real estate portfolio here https://www.therealestateinvestingclub.com/real-estate-wealth-book￼￼In this episode of The Real Estate Investing Club I interview Aaron Fragnito, Aaron has been helping people invest in Real Estate for over 10 years. He is a Co-Founder of Peoples Capital Group (PCG) a real estate investment and holding company. He is a full time real estate investor, as well as, the host of the New Jersey Real Estate Network and host of the Passive Cash Flow Podcast. Aaron has previously completed over 100 real estate transactions as a realtor and another 150 transactions in his current role as a real estate investor.. Aaron Fragnito is a real estate investor who has a great story to share and words of wisdom to impart for both beginning and veteran investors alike, so grab your pen and paper, buckle up and enjoy the ride. Want to get in contact with Aaron Fragnito? Reach out at https://www.peoplescapitalgroup.com/about/Enjoy the show? Subscribe to the channel for all our upcoming real estate investor interviews and episodes.************************************************************************GET INVOLVED, CONNECTED & GROW YOUR REAL ESTATE BUSINESSLEARN -- Want to learn the ins and outs of real estate investing? Check out our book at https://www.therealestateinvestingclub.com/real-estate-wealth-book￼￼CONNECT -- Want to join one of the most active Facebook Groups for Real Estate Investors? Click here to join: https://www.facebook.com/groups/2940993215976264￼￼PARTNER -- Want to partner on a deal or connect in person? Email the host Gabe Petersen at email@example.com or reach out on LinkedIn at https://www.linkedin.com/in/gabe-petersen/GROW -- Want for us to bring you leads and run your real estate digital marketing? Reach out to our partner agency at https://www.therealestateinvestingclub.com/off-market-lead-generation-servicesWATCH -- Want to watch our YouTube channel? Click here: https://bit.ly/theREIshow￼￼MASTERY -- Want to learn how to master your life by mastering your health, wealth, relationships and spirit? Check out our sister podcast, Pursuing Greatness, at https://www.pursuinggreatnesspodcast.com************************************************************************ABOUT THE REAL ESTATE INVESTING CLUB SHOWThe Real Estate Investing Club is a podcast and YouTube show where real estate investing professionals share their best advice, greatest stories, and favorite tips as a real estate investor. Join us as we delve into every aspect of real estate investing - from self-storage, to mobile home parks, to single family flips and rentals, to multifamily syndication!#realestateinvesting #passiveincome #realestate Support the show
Bei der passiven Geldanlage passiert zur Zeit eine ganze Menge. Deshalb wollen wir uns in dieser Folge in die Welt der Themen-ETFs und Robo Advisor begeben, um mal zu schauen, warum es Haustier- und Hanf-ETFs und einen Anlageservice überhaupt gibt und ob eine Nachfrage vorhanden ist.
Complicated as it may seem, there's a simple formula for success in real estate investing …Find the right product in the right market at the right time. When it comes to markets, Florida is SO hot right now … And we're not talking about the weather. Between population growth, a healthy job market, high rental demand, quality of life, and landlord-friendly policies … There's a lot for investors to like about the sunshine state right now. And when it comes to products, it's tough to beat affordable, tenant-focused, low maintenance build-to-rent real estate. In this edifying episode we talk with a builder and property manager who specializes in all of the above! Tune in for an update from Chris Funk on what's happening now in Florida and build-to-rent … And to discover insightful tips for finding, vetting, and staying current on a market.
Vaibhav is an Engineer who was working in IT Management and day trading on the side. Seeking a more stable investment vehicle, he joined Lifestyles Unlimited in 2016 and claimed the title Real Estate RETIRED 2 years later at the age of 35! Joining Mike Harrison on the air, they discuss the 10 Multifamily communities he's purchased as a Lead Investor™, the dynamics of the Arizona housing market, and the great 28 unit property he found in California! Click to Listen Now
Passive income is money you derive from sources other than paid labor; like a rental property for example. Once established, passive income streams in retirement require little time and effort to maintain. But you DO need to put in the work - at least on the front end. Listen to this week's Financial Strategies podcast with Andrew and Daniel Agemy here as they break down the pros and cons of passive income, and how to decide if it's the right form of wealth building for you. How To Give And Receive With Charitable Contributions (PDF) Introduction to the Universe of Non-Stock Market Income-Generating Investments (PDF) Follow us on Instagram! Like us on Facebook! --- Send in a voice message: https://anchor.fm/agemy/message
In today's episode, I am speaking with my friend, Penelope Jane Smith. Penelope is the premier financial freedom coach for women entrepreneurs and the go-to expert for some of the biggest names in the conscious business industry. She is also someone that I've admired for years because of her warmth, intelligence and commitment to being the best version of herself. Penelope is an acclaimed international speaker and certified trainer with over 20 years of teaching experience, and the author of the Little Book of Prosperity. Through her signature programs, like Financial Freedom 101, she has helped thousands of entrepreneurs from all over the world. Penelope and I dish on: Why making money is a different skill set than keeping and growing your money The meaning of financial freedom The big difference between growing your business versus growing your wealth; Tips on building a strategy for investing your money Passive income streams and how they benefit your long-term well being Purchase your copy of Love Based Feminine Marketing: The Art of Growing a 6-Figure Business Without Hustle, Grind, or Force, (https://tinyurl.com/ydmzb6qz) TODAY!!! Subscribe now so you'll never miss an episode and leave us a review. It really helps us know which content is most important to you. Join our Feminine Business Magic Facebook Group (https://tinyurl.com/ygdkw7ce) with your host, Julie Foucht. This is a community of women dedicated to connecting, supporting, and celebrating each other in growing businesses that honor their Divine Feminine while filling their bank accounts abundantly. Resources mentioned: Purchase Love-Based Feminine Marketing (https://tinyurl.com/ydmzb6qz) Penelope's Free Gift: DOWNLOAD your free copy of The Financial Freedom Formula eBook: FinancialFreedomGift.com Special offer from Penelope: Find more about her program “Financial Freedom 101 event ” at www.giftfrompenelope.com **Contact Penelope Jane Smith via Facebook or https://realprosperityinc.com/** **Connect with Julie Foucht via Facebook (https://tinyurl.com/yeb82uuj) or email at https://juliefoucht.com/**
3 NECESSARY Shifts to break $100,000+ in Income.Main Website: https://tinyurl.com/casellawebsiteDiscord Link: https://discord.gg/UtZMRH8BDaSchedule a FREE Strategy call: https://tinyurl.com/casellacallsJoin us at eXp Realty and become an Icon Ninja! - https://iconinjas.com/
There is a difference between actively pursuing something and passively pursuing it. If you are stuck, if you are in a plateau, if you've been thinking about the same goal for months of even years, this episode is for you. If you are need some help on your goals, please reach out asap - don't be passive any longer. Go to www.fitmecommunity.com and click the bar accross the top and apply for coaching. If you are a coach and need help, dm me directly on instagram at www.instagram.com/christymaecampbell.
Our expert host, Gwera Kiwana, is joined by some great guests to ask: 'is the future of investment active or passive?' Younger generations flipped the stock exchange on its head with fintech delivering the power of Wall Street to the palm of their hands. But while many young investors were energised, the economic downturn has potentially shown the importance of long-term investments after all. So: is the future of investment taking the bull by the horns and doing things entirely yourself, or is passing your money over to AI algorithms the better method in the long run? This week's guests include: Rajan Lakhani, Head of PR, Plum Martin Sokk, CEO, Lightyear Dan Lane, Manager, Investment Writing, Freetrade Fintech Insider by 11:FS is a podcast dedicated to all things fintech, banking, technology and financial services. It's hosted by a rotation of 11:FS experts including David M. Brear, Simon Taylor, Jason Bates and Gwera Kiwana, as well as a range of brilliant guests. We cover the latest global news, bring you interviews from industry experts or take a deep dive into subject matters such as APIs, AI or digital banking. If you enjoyed this episode, don't forget to subscribe and please leave a review Follow us on Twitter: @fintechinsiders where you can ask the hosts questions, or email firstname.lastname@example.org! Special Guests: Dan Lane, Martin Sokk, and Rajan Lakhani.
In this episode Dr. Dahle discusses tax credits, foreign tax credits, insurance tax code changes and how a 7702 is not something we are excited about at WCI. We talk about Roth conversions during retirement and a host of other topics. We also have a husband and wife doctor duo on the podcast. They are guests we have had before and the creators of the online course Zero to Freedom that will teach you all about cash flowing real estate properties. See full show notes here: https://www.whitecoatinvestor.com/tax-credits-and-passive-vs-actively-managed-funds-273 SoFi has exclusive rates and offers for medical professionals, which could help you save thousands by refinancing your student loans. If you're still in residency, SoFi offers a lowered interest rate and the ability to reduce your payment to just $100 per month while in school. If you're out of residency, SoFi's great rates could help you save money and get on the road to financial freedom. Check out their payment plans and interest rates at https://sofi.com/whitecoatinvestor . SoFi student loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions may apply. NMLS696891 The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you! Main Website: https://www.whitecoatinvestor.com YouTube: https://www.whitecoatinvestor.com/youtube Student Loan Advice: https://studentloanadvice.com Facebook: https://www.facebook.com/thewhitecoatinvestor Twitter: https://twitter.com/WCInvestor Instagram: https://www.instagram.com/thewhitecoatinvestor Subreddit: https://www.reddit.com/r/whitecoatinvestor Online Courses: https://whitecoatinvestor.teachable.com Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter
In this episode, Travis shares the four pillars that he personally used to achieve financial independence in full detail, plus some additional tips he's picked up along the way. Passive Investor Tips is a weekly series hosted by full-time passive investor and Best Ever Show host, Travis Watts. In each bite-sized episode, Travis breaks down passive investor topics, simplifying the philosophy and mindset while providing tactical, valuable information on how to be a passive investor. Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: Trevor McGregor Coaching | Cash Flow Portal | Cornell Capital Holdings | PassiveInvesting.com
W 215. lekcji Kwadransu na angielski poznasz wyrażenia, które pomogą Ci zgłosić kradzież np. rzeczy z twojego pokoju hotelowego. Zbudujesz także zdania w stronie biernej czasu Present Perfect. Pomocne będą także wyrażenia z lekcji nr. 90 i 91.-------------------------------Jeżeli doceniasz moją pracę nad podcastem, to zostań Patronem KNA dzięki stronie www.patronite.pl/kwadrans. Nie wiesz czym jest Patronite? Posłuchaj specjalnego odcinka: https://kwadransnaangielski.pl/wsparcieDołącz do naszej społeczności na stronie www.KwadransNaAngielski.plLekcji możesz słuchać na Spotify albo oglądać na YouTube.Wszystkie nowe wyrażenia z tej lekcji w formie pisemnej są dostępne na stronie www.kwadransnaangielski.pl/215#polskipodcast
John Harrison, executive director of ADISA and a member of the Real Assets Adviser Editorial Advisory Board, joins us to discuss insights connected to a recent bank visit, as well as the continuing observations around passively versus actively managed investment funds. (07/2022)
Passive income is something many people salivate over, but few ever really achieve it. It often sounds like a pipe dream we hear on podcasts and from stages, but it is a possibility. How do people set up a system that earns thousands of dollars in the most hands-off, set-and-forget way? In 2020, Wealth Without Wall Street founders, Joey Mure and his business partner decided to test out various passive income strategies, and they went from earning $2,400 to $50,000 a month in the process. In this episode, Joey gives us a peek into his basket of passive income, and why building an empire is easier than it looks. Things You'll Learn In This Episode How to create opportunities for wealth with money you already haveWe're told that putting money in a 401k or IRA is the responsible thing to do, but are we siphoning off massive opportunities in the process? The key to a successful Airbnb operationHow did Joey take a condo that wasn't making money for 15 years and get it to net $2200 in cash flow in the first month? Why we have to shift our crypto mindsetAre we looking at crypto all wrong if we're expecting it to make us rich right now? How to get rich by investing in people The key to Joey's successful passive income strategies is finding ventures that didn't require them to start from scratch. How did they find them? Guest Bio Joey Mure is co-founder, partner and host of Wealth Without Wall Street. Wealth Without Wall Street provides financial insight and tools to break free of the mindset and bondage of Wall Street. Joey and his co-founder Russ created a plan to help entrepreneurs create their vision of financial freedom. For more information visit https://www.wealthwithoutwallstreet.com. To find out how to start your own passive income journey, go to https://go.wealthwithoutwallstreet.com/gps. Get Your FREE Copy Of ‘The Private Money Guide' and ‘Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.
There are some changes coming for how K1 losses, a highly favored tax strategy for the majority of passive investors, can be utilized beginning in 2023. Listen in to learn what these changes are, why they've come about, and most importantly, how you can position yourselves ahead of time to maximize your tax savings. Key Takeaway: Partnering passive income streams with passive income losses is highly important in growing your wealth and creating effective investment strategies. How to Contact Larry: Website: www.pb-strategies.com Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Our own bodies are a source of infinite learning and mystery. Most of us are familiar with our skin, our hair, muscles, and teeth; but did you know that you have an internal latticework of connective tissues called fascia, that give shape and structure to what would otherwise be a bloody ball of soft serve? Unlike many tissues in the body with a distinct beginning and end, fascial sheaths are often long, complex, and can span the entire length of the body. Even more interesting, fascia is loaded with sensors and nerve endings. It is smart tissue that can serve us well or cause pain, discomfort and injury. On this week's podcast, we'll explore this fascinating tissue from a health and healing perspective. Listen and learn: How fascial adhesion and contraction can result from stress How your abdominal fascia is linked to fascia in your quadriceps Passive versus active therapies The importance of organized scar tissue while healing Link Structural Elements ABOUT OUR GUEST Douglas Bertram has a background in massage therapy, orthopedics, Traditional Chinese Medicine, and sport injuries. He is the founder of orthopedic wellness clinic Structural Elements. Like the Show? Leave us a review Check out our YouTube channel Visit www.yogabody.com
Larry Pendleton, Jr. has over 10 years of accounting, tax, and auditing experience as a CPA. He serves as a Board Member of the Hunton YMCA in Norfolk and The College of William and Mary's Athletic Educational Foundation. He brings over 4 years of real estate experience and has closed on multiple deals consisting of single-family and multi-family properties. [00:00 - 05:44] Opening Segment Larry is from started his interest in accounting in his highschool 7 years ago, he started his real estate Journey Tax Losses Can Still Be Used To Your Advantage The 100% capital gains rate for losses on investments held for less than one year will decrease to 80% in 2023. Passive investors may not be able to take advantage of losses on 401K investments. It is important to be aware of your tax situation and consult with a professional accountant. [05:45 - 11:07] Syndications May Not Be The Best Option For High Net Worth Individuals There are tax advantages to investing in real estate as a high net worth individual, but there may be limitations on what can be written off. Being a CPA can help bring additional value to the seller and to the buyers in a real estate transaction. Opportunities to acquire real estate remain available, even in hot markets, through direct mailings to director owners. [11:08 - 16:29] Passive Investing Advice from a CPA Master Larry shares his advice on scaling a personal portfolio and giving bad or good financial advice. He also discusses the bonus appreciation fading out and the upcoming audits. Larry recommends reaching out to a CPA before making any major financial decisions. [16:30- 16:57] Closing Segment Reach out to Larry Pendleton Links Below Final Words Tweetable Quotes “Work smarter, not harder, and it hits harder once you realize that you're taxed more on non-passive activity, like having a job or just running a business.”- Larry Pendleton ----------------------------------------------------------------------------- Connect with Larry Pendleton on Facebook Instagram and LinkedIn Phone number (757) 535-8592. Connect with me: Facebook LinkedIn Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me → email@example.com Want to read the full show notes of the episode? Check it out below: [00:00:00] Larry Pendleton: I may not be able to get the losses against my W2, but I'm making returns. And I'm not being taxed on those returns because I have these losses to offset. So I don't wanna be all doom and gloom in the situation, but there's a positive light to it where like, you're still increasing your net worth. [00:00:17] Larry Pendleton: You're still bringing in income. That's not being taxed. You're just being taxed on the income. That, that your, whether it's your main business or your W2, [00:00:26] Sam Wilson: Larry Pendleton is a real estate investor and CPA with a passion for adding value to fellow investors. [00:00:43] Sam Wilson: Through tax consulting and accounting services. He says his mission is to help people achieve financial freedom through real estate investing and tax strategies. Larry, welcome to the show. Thanks. Thanks for having me. Hey man, pleasures, mine. There are three questions. I ask every guest who comes in the show in 90 seconds or less. [00:00:58] Sam Wilson: Can you tell me, where did you start? Where are you now? And how did you get there? [00:01:01] Larry Pendleton: started in north Virginia. I guess from a CPA perspective, I really started in my accounting in high school for my high school crush on, on an accounting teacher. turned into a CPA certification accounting degree there. [00:01:16] Larry Pendleton: So I been doing that for over, over a decade now didn't work out with the teacher, so that's no reason going down that path, but, started up in real estate roughly seven years ago. My partner Terry con was already investing. I didn't think I can do it. Just limited mindset. He basically put a property in my lap. [00:01:33] Larry Pendleton: Get an FHA loan. Still have it today cash flowing 300 a month. And like I said, been able to take that and expand that to grow my portfolio and grow the tax business to be more real estate focused. [00:01:45] Sam Wilson: Gotcha. That's really interesting. Yeah. I think, you, I guess you, as the, you, as the student can have the crush on the teacher, it's the other way around that you get in trouble with the law, right? [00:01:55] Sam Wilson: yeah, exactly. Oh, that's hysterical, man. Thanks for that. That's. That's a good laugh at a great place to kick this off. I guess when it comes to the accounting side of things, what are you seeing right now in the in the marketplace, as you're talking to different investors and you're talking to different people, like what are some things going on right now in the accounting world that we should be aware of? [00:02:16] Larry Pendleton: One, I think most people are aware of is that the a hundred percent bones appreciate that. A lot of people have been taking advantage of over the past five years. It starts to phase down in 2023, it goes down to 80%, 60% and so forth. Waiting on to see if the IRS is gonna make any changes just amendments of before it completely phases out or would be back at 50% like we were before 2017. [00:02:38] Larry Pendleton: We're also seeing. The IRS pump a lot money. I mean, the government pump a lot money into the IRS which technically means there's more audits coming as they're trying to reup lot the money that they've been paying out over the past couple of years. So for those investors, especially those that qual that's been trying to qualify real estate professional status, or have been qualified with the professional status, making sure you're tracking your hours. [00:03:00] Larry Pendleton: And from, I'm also seeing, from working with a lot of syndications and funds for those that are limited partners just being sure that whatever losses or the tax losses that your operator or syndicated is promising or offering, like, can you really take advantage of that? In the current year, in a lot of situations, we're seeing a lot of people not being able to take advantage of them. [00:03:22] Larry Pendleton: Wasn't aware of that until they get their K one S and file their taxes. And it is like, well, no one told me I couldn't claim these losses you, I thought I could have. So it was like just getting informed up front from your operator or from your tax advisor or from a tax advisor that knows real estate and how that may affect your taxes. [00:03:40] Larry Pendleton: Let's talk [00:03:41] Sam Wilson: about that for a second. What are the situations in which a passive investor cannot take advantage of a loss on a K one? [00:03:48] Larry Pendleton: So if you're if you're not, if you're, if your income is over $150,000, then you're limited to the passive loss limitations under four section 4 69, the TA IRS tax code. [00:03:58] Larry Pendleton: So that means. I mean, unless you can qualify for as a real estate professional, which means it's the 750 qualifying hours and more your half, half your work time in real estate. But if you're a doctor or or a business owner, that's not really, that's not in real estate. It's kind of hard to prove that you have. [00:04:18] Larry Pendleton: The qualifications to, to claim those, to claim real estate professional status, and then show that you material participated with those properties as a limited partner, you're not really making any management decisions. So that's where you kind get hamstring in certain areas and there's strategies around it. [00:04:34] Larry Pendleton: If you're doing short term rentals and you have your own properties, Somewhat group group all your activities together. But if you're just kind of just one syndication here or just, you're only doing LP investments, you may be limited to how much losses you can claim. [00:04:49] Sam Wilson: What, when you, can you break that down? [00:04:51] Sam Wilson: I guess, give me gimme a hypothetical example. Let's say you're a doctor and you make a half million bucks a year. How much? And you get a K one and, you say you invested a hundred thousand dollars in the deal and you get an $80,000 right off the first year. Again, we're just making stuff up here. [00:05:05] Sam Wilson: Right? What percentage of that? Could they actually take as a write off, if any. [00:05:11] Larry Pendleton: So in, in that scenario in year, one of that syndication the answer is. if all they have is if they have their W2 and over that $150,000, and then they invest in this deal and they got this $80,000 loss now, it's, it is important to bring up that even though you can't use it. [00:05:29] Larry Pendleton: In year one, that doesn't mean it disappears, right? It is suspended and rolled forward inter into future years, which means that it's going to offset future gains or passive income and passive gains from many passive activities or other rental properties. Syndications that individual may be involved in. [00:05:47] Larry Pendleton: And also when that property goes full cycle, any losses that's been built up along the way, then become active and now will help offset the capital gains on the back end. So if your goal is to really get into these losses offset in your w two and you're a, are a high net worth individual, you may be a bit may be outta luck. [00:06:06] Larry Pendleton: From that stand. [00:06:08] Sam Wilson: Right. And that's something I think. And thank you for taking the time to clarify that, there, because I think that's something that is often touted in commercial real estate, especially in syndications is, Hey, there's tax advantages here. But yet I think there's a lot of ambiguity, especially as it comes down to, the example we just set forth of like, Hey, what can someone. [00:06:26] Sam Wilson: Actually take as a write off. And it sounded like you said somebody could group that too. So short term rentals that did make a bunch of money, maybe then they could go ahead and claim the full amount there. However works. I know everybody's, situation's unique, but [00:06:38] Larry Pendleton: yeah, it's also important to bring up where it's like, it's a mindset where like you can take the offense of the, off the offense into this, where, okay. [00:06:45] Larry Pendleton: I may not be able to get the losses against my W2, but I'm making returns. And I'm not being taxed on those returns because I have these losses to offset. So I don't wanna be all doom and gloom in the situation, but it's like, there's a positive light to it where like, you're still increasing your net worth. [00:07:04] Larry Pendleton: You're still bringing in income. That's not being taxed. You're just being taxed on the income. That, that your, whether it's your main business or your W2, that's the part you have to deal with other strategies to offset that. But there's still a bright side of investing in real estate as a LP and be able to make more money. [00:07:20] Larry Pendleton: That's that's not gonna be, has less tax liabilities as W2 income. [00:07:26] Sam Wilson: Right. Yeah, absolutely. Absolutely. What's it like being a, in a CPA and also an investor in real estate? I mean, do you feel like that brings you or gives you any unique advantage, in your, CPA side of the business? [00:07:40] Larry Pendleton: Yes, cause it helps me find, be to bring more value to the seller where it is, if I can understand their pain points, where there's a deal in cums, Georgia, where the person didn't know what their capital gain hit was going to be. [00:07:56] Larry Pendleton: and they either didn't have an advisor or their advisor didn't know. But so part of my role on that particular team was to go through and like, Hey, here's your option? I gave them three options. If you sell. At the price that we're asking if you sell or finance it to us, here's your classifications. [00:08:13] Larry Pendleton: And if you just do a lease option with us here's your taxations. And the fact that he ended up selling at the full value cause he realized, okay, if that's my taxable gain, he just want to get out real estate, which is fine. We really wanted the the least option. Sure. Something we could have to bring in less money to the table, but it worked out, we still got the price and like he see, we see a lot of offers, but he wasn't the highest offer either. [00:08:36] Larry Pendleton: So, so something like that was it's like, okay, I haven't, he respect to bring additional value. To, to the the least to the sellers and to the each, even to the buyers for the teens, even I'm on the GP myself, or just consulting from that standpoint. Cause I'm sitting, I'm not, as I tell my clients, I'm not on one side of the table and you're on the other side. [00:08:54] Larry Pendleton: Like we're both on the same side of the table because if the deal looks good, like I may wanna jump in myself. [00:09:00] Sam Wilson: Right. That's really that's an interesting strategy I hadn't thought about was especially, I mean, we're in an asset class right now in the RV resort space. That is almost exclusively mom and pop. [00:09:12] Sam Wilson: and it is, it's one of those things where, you know, that opportunity for seller financing oftentimes exists because they don't know what they're gonna do with the money. But I think, that you give 'em $5 million and they're gonna go okay, now where do we put it? But it also unique and unique spot to be in. [00:09:25] Sam Wilson: And in that, you could almost offer. A consulting call with an outside person, such as yourself and say, Hey, look, let me pay for pay. Pay Larry a thousand bucks to have a phone call with you. And then this will help you kind of lay down somebody I'm making up numbers here. You might be 10,000. [00:09:38] Sam Wilson: I don't know , but whatever it is, have a phone call with a qualified CPA. If you don't have one, cuz this may help you decide what your next. Root is, based on what the tax ramifications are. So I hadn't really thought about that before, especially as we're dealing with, and I don't wanna use this word, but less sophisticated sellers maybe than what you would in some other asset classes. [00:09:58] Larry Pendleton: Yeah. Especially, I mean, a lot of people in the, especially in the multifamily space or there's a lot of emphasis on the 10 to 80 units, cuz that's typically just those match your, his funds, like those similar words, like it's your mom and pops and they've been. Running this thing on their own for 20, 30 years and they just tired and they want to get out. [00:10:17] Larry Pendleton: Right. But there's a fear of like, what's the other side of receiving a huge lump sum. off of this nest egg that you built over the years is what you built, but. There's a, the IRS is kind of waiting on the side. see what you do next. the [00:10:30] Sam Wilson: tax man. Come that's for sure. [00:10:32] Sam Wilson: That is for sure. Tell me on the acquisition side, how are you finding opportunity right now? [00:10:37] Larry Pendleton: A lot of as I mentioned, like I've worked with a lot of different investment groups and so what I've seen is always a lot of Meers. Especially when it's a hot market, it's tough to go through brokers on any asset class. [00:10:49] Larry Pendleton: So there's a lot of just mailers trying to get to director owners as much as possible. As cliches, it sounds driving for dollars is still a thing and still, and just happen to drive past something. It was like, hope put in reverse to get this address written down whether it's a house or it's a vacant light or empty building. [00:11:07] Larry Pendleton: So, so yeah, there's a lot of different ways. And how people are sourcing these deals. And I have unique respective being able to see the multiple ways of people doing it, [00:11:16] Sam Wilson: man. that's awesome. When you look back on either your CPA career or your investing career, has, has there been bad advice that you received along the way and, or good advice that you feel like people should hear? [00:11:28] Larry Pendleton: bad advice, Almost the aspect of it's weird because I tell people I'm rather a unique position where I've been like CPA masters, and it is like, I feel like I've been climbing this corporate ladder. It's like, this is up against the wrong building. So if I had the opportunity to start this whole, like, Start back at 18 all over again. [00:11:49] Larry Pendleton: Like I probably just, would've just jumped straight into real estate. And it may not be a CPA as of now. I'm not saying that it's bad advice. It's just I've conflicted by it because it's been a huge part of my success, but. now I'm starting to at least embrace the grind throughout the years of doing it to get to this point. [00:12:07] Larry Pendleton: but the best advice overall a, from a tax from a business investing standpoint is I guess the cliche of. Work work smarter, not harder, like hits harder. Once you realize that you tax more on on non passive activity, like having a job or, or, or just running a business. [00:12:27] Larry Pendleton: So it's like, okay, the quicker you can get into passive being a passive investor like the, like the better, like, cause I'm, I'm more and more, especially with TV two young boys, like I'm just. Like concerned about like how much time I'm really getting to them as I'm, as of many other people building our empires, in two separate fields, [00:12:46] Sam Wilson: right? [00:12:47] Sam Wilson: Yeah. That's that's absolutely right. And that's funny, man. People ask me that question all the time. They're like, Hey, where do you wanna be? In 10 years? I'm like, well, in 10 years I'll be 50. In 10 years, I wanna be a passive investor only. I hate to say that, but it's like, that's where I want to go. Like I want to have, I wanna do all the things that I'm doing now for my passive investors and my deals. [00:13:06] Sam Wilson: Like I just, and I wanna do invest passively, but I'm not strictly passive investments. I've still gotta generate revenue in order to put more money into passive investments. So it's it's, it's one before the other, but part of it [00:13:17] Larry Pendleton: also is, is, is. And you, it's not so much as bad advice as just what you notice. [00:13:22] Larry Pendleton: People just kind of trying to do all this on their own. they may not have said that, but like, if you're operating as such, like, and people observe you, like you're, you're giving bad advice where like, like, like this, this is a team sport, like life in general is a, is a team sport. Like you're not gonna be able to do any of this and scale and be able to do What you want in life, if you're, if you're just trying to put your head down and grind through everything on your own. [00:13:49] Larry Pendleton: So like, to be able to be of value to someone, to partner with someone or a group of people to do something bigger. That's, that's, that's kind of how I see where like for me speak for myself at least like that's, that's, that's a brighter, brighter future. From that stand. Right. Yeah. [00:14:06] Sam Wilson: That's that's absolutely right. [00:14:07] Sam Wilson: And I guess that, that brings me one of my last questions, which is, you said that you've partnered with a lot of different people and a lot of different teams, and it sounds like a diverse geography as well. And that's kind of how you've scaled your personal portfolio. Is that right? [00:14:18] Larry Pendleton: Yeah. So jumped around from single family rentals to short term rentals, done some flips, burned, and crashed on some flips and, like say now it's just okay. How to scale it and there's okay. Get into the larger multi-family commercial properties. Where, like I said, if I can get 1% of a thousand deals, like I'll, I'll do my 1% at the best of my capabilities and I'll move on from there. [00:14:43] Larry Pendleton: Cause I know that's gonna take too much of my time. [00:14:45] Sam Wilson: Right, right, man. I love it. I love it. You've given us some great things to think about here, Larry, talking about the bonus appreciation and how that's fading out. Thinking about more audits coming down, the coming down the pipe, that's never something that any of, any of us want to hear, but like you said, I know they've pumped a ton of money into that into that side of the IRS. [00:15:02] Sam Wilson: So be looking for that. The tax losses thing, I think was really, really interesting just in the sense that we oftentimes hear about all the ways you can use, you know, you can use passive losses and things like that. But I think that the key there in this whole conversation was reach out to your CPA before you, count your tickets for their hatch, cuz that You may or may not be able to take advantage of that if you are a strictly passive investor, and then you've just given us some other cool things or, you key advice and key mistakes you've made along the way. [00:15:27] Sam Wilson: And, and things that you'd say, Hey, this is the way you do it differently. And also the way that you would do it for the good advice you received. So, yeah, I love it. Appreciate it. Thank you for coming on today and sharing so much with us. If our listeners wanna get in touch with you or learn more about you, what is the best way to do that? [00:15:39] Larry Pendleton: Yes, I appreciate Sam. So I'm available in all social networks. It's typically Larry Penington CPA. I'm pretty sure my, my link app would be in the show descriptions. That's basically my digital business card. Right, right there. My phone number (757) 535-8592. Shoot a text. Like I try to respond within 48, 72 hours of texts and voicemails and emails as, as well. [00:16:04] Larry Pendleton: But Facebook, Instagram, LinkedIn haven't tackled Twitter. a little behind the times regarding that. So, but I'm three, three out of four. I'm now TikTok either. [00:16:17] Sam Wilson: I hear you. I hear you. Yeah, those are platforms that I think for some of us have been harder to find the time to, to invest into, but certainly appreciate it. [00:16:24] Sam Wilson: Larry, thank you for coming on the show today and yes, of course we will link all of that there in the show notes. So thank you again. I do appreciate it. Appreciate you, Sam.
Today, Erik is joined by friends Henry Kim and Stephen Vereb--2 long-time business partners who cracked the code on how to move from franchisee to passive investor. Erik, Henry, and Stephen talk about the journey that led them from franchisees with a few locations to investing in over 30 passive investing deals in 2022. The group shares the tips and tricks that they've learned to move into the investor quadrant, as explained by Robert Kiyosaki. Did you know you can listen to the Franchise Secrets Podcast on your favorite platforms? Spotify: https://open.spotify.com/show/4BpskQS... Apple Podcasts: https://podcasts.apple.com/us/podcast... Learn more about my franchisee mastermind here: www.franchisetribe.com ⬅ Learn more about my franchisor mastermind here: www.franchisortribe.com ⬅ Learn more about my passive investing mastermind here: www.tribeofinvestors.com ⬅ Want to buy a franchise? Connect with me here: https://forms.gle/n4JedEuU5p7asE617 ⬅ Want to franchise your business? Connect with me here: https://forms.gle/n4JedEuU5p7asE617 ⬅ Don't forget to subscribe to the Franchise Secrets Youtube channel so you don't miss out on any content! http://www.youtube.com/channel/UCGL_D...... Add Erik as a friend on Facebook: https://www.facebook.com/erik.v.horn/ Follow Erik on Instagram: https://www.instagram.com/erikvanhorn/ Connect with Erik on Linkedin: https://www.linkedin.com/in/evanhorn/ Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.
In this episode, Lauren talks to the seller of a SaaS business created in March 2010 in the news & education and science niches. Listen in to find out how the business makes an average of $6,622 per month in net profit, why the seller has decided to sell, the lessons learned from running the business, and much more. Visit https://app.empireflippers.com/listing/62046 to learn more about this business.
Derek and Dr. Sophie Clifford are two nomads traveling the world while handling Elevate Equity, a real estate investment company helping busy professionals create multiple degrees of freedom. Both Derek and Sophie are passionate educators and seasoned investors, working hand in hand to help others find a way out of the 8-to-5 grind. Let's take a look at the dynamics of this power couple's relationship, what it's like investing in real estate with your spouse, and the importance of being on the same page in a partnership. We also learn about the relationship between financial and physical wellness, the three types of freedom Elevate Equity is helping others achieve (time, financial, location), and how Derek and Sophie became full-time nomads. Interested in learning how to enter the real estate business as a couple? Click that ‘Play' button now and listen to Derek and Sophie's story! KEY TAKEAWAYS 1. When you're working for someone else, you know you're dispensable. 2. People looking for financial wellness are also looking for health. 3. A spouse can help you figure out the next step when you're unsure of what to do next. 4. Sometimes, priorities take over goals, and you need to understand the difference between the two. LINKS https://elevateequity.org/ https://www.livewholeyou.com/ https://www.linkedin.com/in/derek-clifford-elevate-equity/ https://elevateequity.org/podcast/ INVESTMENT OPPORTUNITIES Want to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to… www.reedgoossens.com
Passive-aggressive behavior can feel safe, satisfying, even virtuous or clever, to the person practicing it, which is part of why so many people use it without recognizing it. Its effect on others, however, can be irritating, infuriating, destabilizing, even crazy-making. It may give us some satisfying moments or protect us from having to risk sharing our real thoughts, feelings, and boundaries, but it can prevent our relationships from being truly satisfying in the long run. It can even destroy them. Today Cinthia discusses what passive-aggressiveness is, why it develops, how it impacts people, and what to do if you or someone in your life tends toward it. To dive deeper into the message of each podcast, we've created a study guide for each episode. Download your FREE Study Guide here! https://www.cinthiahiett.com/services-6
Passive investing is more than just putting money into an investment and watching it grow. It entails a lot of work. There's an asset that you need to manage and people you need to communicate with. That's where property managers come in. They do all the heavy-lifting – everything from leasing, maintenance, tenant communications, and accounting. Today our guests, Jake Lord and Jason Prignoli of Ethel Street Management, will share with us how they went from being investors to property managers managing over 100 units. Because they've been on the investors' side, they know the pain points and clients' needs, and it helps them to deliver better services. Listen now to their detailed case study on how PMs amplify equity!Remember, this is your MBA. Have a notepad handy, and get ready to take some notes!Key Points from This Episode: How Jake Lord and Jason Prignoli of Ethel Street Management went from just a couple of units to managing over 100 units in a year. How they are meeting the needs of their clients. Solving property management problems and issues with technology. In property management, you get what you pay for. How testimonials from property owners help them. Offering a lower price than the standard pricing but providing better services. What has driven them to bet on the long-term in the Lehigh Valley? How are their investors raising rents and finding deals in this market? Tweetables:“It's really fun being able to help our clients such as the fund be able to achieve various objectives, whether its financial or operational to truly meet the goals. That really is the fun of it all.” – Jason Prignoli“We're ambitious ourselves and we have ambitions for our units. And we're going to encourage owners to think the same so that they can get the most they can out of this investment.” – Jake Lord“You really need to be proactive. Know who are the people doing deals, building great relationships, thinking about brokers, bankers, insurance brokers, lenders, anyone who touches transactions you need to become and build relationships with and if you're not interested in building those relationships, then maybe this isn't the industry for you. Because this is an industry built on relationships.” – Jason PrignoliLinks MentionedEthel Street Management websiteEthel Street on FacebookAbout Jake LordAs the Head of Operations, Jake oversees the day-to-day systems of the business, coordinating maintenance projects, leasing, owner and tenant experience, and general property management. Jake is also a licensed real estate agent in the state of PA. Aside from investing in Real Estate and taking on significant home renovation projects, Jake has held roles such as Director of Sales for a technology startup and Sales Engineer in commercial construction. He holds a BS in Mechanical Engineering from Penn State. Much of his family are contractors, realtors, and fix-and-flip investors so real estate quickly became a passion of his.About Jason PrignoliAs the Head of Growth, Jason focuses on business development, finance, strategy, and customer experience. He has teamed up with Jake on every real estate investment to date. Jason has held roles such as Chief of Staff to a CEO of a technology startup supporting all areas of growth and scaling initiatives and also a Sales Engineer for a healthcare technology startup focused on advanced analytics. He holds a BS in Mechanical Engineering from Penn State and a Masters Degree from Dartmouth College. His dad is a real estate attorney and investor, so you can imagine the dinner table conversations growing up.------------------------------------Please subscribe to the Real Estate Investor MBA Podcast on the following platforms: iTunesSpotifyStitcheriHeart RadioTuneINGoogle PodcastThis episode is brought to you by the Lehigh Valley Private Equity Fund, a Regulation D, evergreen, private equity fund providing Accredited Investors an 8% annual preferred return and an overall annualized target return of 12 - 18%, through diversification in lending and acquisitions in the Lehigh Valley real estate market. To learn more book a no-commitment call with the fund manager here: https://www.lehighvalleyprivateequityfund.com/virtual-meeting If you like what we are doing and see that we are providing a lot of value, please be sure to leave us a 5-star review and positive comment. Doing so helps us continue attracting the highest quality type of guests to interview and for you to listen to.Check us out at our new website at: https://www.rei.mba/Follow us on Social Media:✔️ YouTube✔️ Facebook✔️ LinkedIn✔️ Instagram✔️ Twitter
Ryan Webster is a multifamily investor and operator. Before he began working in real estate, Ryan enjoyed the opportunity to build things and sell them off. But then he reached a turning point in his mid-life journey (a crisis, if you will); something was still missing, and that time with his family. In our path to provide and pursue excellence, it's easy to lose sight of why you are doing it in the first place. So he pivoted towards investment and managed a way to make passive income while also investing alongside other strategic partners who shared his commitment to excellence. That is how Equity Yield Group exists today. Equity Yield Group's aim is one of the most prominent and trusted real estate investment firms specializing in institutional grade multifamily assets. What makes them different is their groundbreaking formula. Their company provides clients with robust, calculated returns without losing sight of our ultimate goal; preserving capital. They can afford to make strategic investments without risking too much, thanks to Ryan's diverse experience. Come listen to how it all came together. Journey with us from Ryan's ups and downs, family life, and failures. When you hear his story you won't ever want to give up in your respective lab, because like Ryan, you're always just one experiment away. HIGHLIGHTS OF THE EPISODE: 6:06 - What makes equity yield different from everybody 13:22 - Renovation Bump 37:17 - Managing a fund/portfolio KEEPING IT REAL: 0:30 - Introduction 2:57 - Ryan's Story 3:50 - Equity Yield Group 9:23 - Range of rates 15:09 - Why Florida 17:13 - Operator experience 18:35 - Passive investors 20:09 - Third party applications 21:26 - Referrals 24:59 - How to get more investors 26:57 - Finding the right business partner 28:12 - What makes things work with your business partner 29:27 - Opportunities of Ryan's business 33:50 - Future of Equity Yield Group NOTABLE QUOTES (KEY LESSONS): “There's some different benefits for investors investing in a fund. Beyond diversification, you also kind of get the benefit of being able to kind of invest in a time machine. Because if you're coming into a fund that already has assets that were purchased with cheaper debt, uh, before rates started going wild, those deals are gonna have higher cash flow cash flow.” -Ryan Webster CONNECTING WITH THE GUEST Website: https://www.linkedin.com/company/equity-yield-group/?trk=similar-pages Facebook: https://www.facebook.com/pages/category/Real-Estate-Investment-Firm/Equity-Yield-Group-104940504437848/ YouTube: https://www.youtube.com/channel/UC4aRGm_b8VPbBKxMqZ_qYIw LinkedIn: https://www.linkedin.com/in/ryan-webster-3104841a9 #Multifamily #Syndication #Investing
Listen to our episode on Physician Burnout, Passive Income, Contracts, + More as Dr. Atanda gives us an excellent overview! Link to Video: https://youtu.be/HcpZsmwRdPg Alfred Atanda Jr. is a pediatric orthopedic surgeon at the Alfred I. duPont Hospital for Children in Wilmington, Delaware where he serves as the Chief of the Center for Sports Medicine, the Director of Clinician Well-Being, and is also an Assistant Professor of Orthopedic Surgery at the Sidney Kimmel Medical College at Thomas Jefferson University. His clinical interests include sports medicine, orthopedic trauma, general pediatric orthopedics, and injury prevention in youth athletes. With his expertise in these areas, he is frequently invited to teach and lecture locally, regionally, and nationally. A graduate of the University of Pennsylvania School of Medicine, he completed residency at the University of Chicago Medical Center. Dr. Atanda also completed fellowships in pediatric orthopedic surgery, at Alfred I DuPont Hospital for Children, and in sports medicine surgery, at the Rothman Institute at Thomas Jefferson University. His future goals and aspirations are to re-imagine how healthcare is delivered by leveraging digital health and telemedicine technology to appropriately triage, navigate, evaluate, and treat orthopedic patients. He is the chief editor of the world's first textbook solely dedicated to telemedicine in orthopedic surgery and sports medicine, and he has also launched a telemedicine concierge service for the parents of youth athletes: “ SportsLinkMD”. He is a physician expert for numerous telemedicine companies providing strategic advice and e- consultations to urgent care, emergency department, and primary care physicians, as well as a second opinions directly to patients. In his administrative role, he has been working to optimize the physician experience, bringing awareness to the many ramifications of physician burnout, lack of well-being, and physician suicide. He is a motivational speaker at wellness spas and resorts and is in the planning phases of developing a physician well-being podcast for the orthopedic surgery educational platform “OrthoBullets”. We cover: Types of practice How to choose a specialty Different types of jobs What to look for on contracts Physician burnout + much more This episode is sponsored by Locumstory: Have you ever considered a different way of practicing medicine? Whether you are burned out, need a change of pace, or are looking to supplement your income, locum tenens might be the solution for you. And, if you're considering locum tenens, either full time or on the side, you probably have a question or two. Or twenty! Fortunately, www.Locumstory.com has the answers you need. It's packed with unbiased information and advice from physicians like you. Locumstory.com has nothing to sell – it's simply a resource for information. You'll find super handy tools that let you see locums trends for your specialty, compare different locums agencies, and there's even a quiz to help you decide if locums is right for you. www.Locumstory.com has answers to basic questions like, “What is locum tenens?”, to more complex questions about pay ranges, taxes, licensing, and many others.The locumstory blog also features content and perspectives from actual locums physicians who have first-hand locums experience. www.Locumstory.com is the perfect place to start if you want to learn more about locums
About Heather:Heather Dreves is the Director of Funding at Secured Investment Corp and a fund manager that oversees the management of the Secured Investment High Yield Fund II LLC and the Circle of Wealth Fund III LLC,Secured Investment Corp is one of the fastest growing real estate lenders and fund managers in the US.Secured Investment Corp has created two private equity funds to fill the void left by uncooperative traditional funding sources. Investors have the potential to earn double-digit returns based on past performance. By connecting real estate investors who needed non-traditional funding with passive investors who were ready to earn higher returns on their investments, Secured Investment Corp created an opportunity to benefit both sides.Passive investors get higher returns and real estate investors get quick, competitive loans to use to purchase and rehab those properties that traditional lenders will not touch.Links From The Podcastlinkedin.com/in/heather-drevessecuredinvestmentcorp.com (Company)firstname.lastname@example.org@williamp2pre (twitter)https://www.peer2peerrealestate.comfacebook.com/peer2peerrealestatehttps://www.linkedin.com/in/williemorales/Book(s)RecommendedDelivering Happiness -Tony HsiehAtomic Habits -James Clear Thank you Heather for being on the podcastWhat did you think about today's subject? Please go to apple podcasts look for us at peer 2 peer real estate podcast, please subscribe and leave a review. Don't give up on your dreams, fight for it and guard it. Keep the momentum going, Good things will happen. Thanks for listening and be safe See acast.com/privacy for privacy and opt-out information.
Jeremy Goodrich is a passive investor in the alternative investment space and he has helped many commercial real estate investors manage risk and get clarity about their strategy. He is the owner of Shine Insurance, he's also the host of the REI Clarity podcast, and he is here to help us learn more about lowering risks as a passive investor. Key Talking Points of the Episode [01:48] Listen to Simple Passive Cashflow! [02:31] Who is Jeremy Goodrich? [03:20] What is Jeremy's background? [04:11] How did Jeremy get involved in real estate? [05:15] What is the biggest factor in calculating investment risks? [06:08] What is the biggest risk when you invest passively? [07:29] How can someone determine the red flags? [08:31] How do you find the right operators to work with? [10:09] Why is it important to know how operators treat their tenants? [12:29] What else can people do to vet out a deal or operator? [14:03] How can you evaluate deals based on the fees they're charging? [16:45] Is it a good idea to enter a deal that banks on appreciation? [17:49] What is Jeremy's advice to those who are interested in passive investing? [18:51] Where can you find Jeremy? Quotables “I really tried to never lose the teacher. Just like, how can I educate about whatever it is we're working on and early on in my insurance journey, I really focused on real estate.” “I started helping first-time home buyers, not just with the insurance piece, but with the entire home buying process.” “I'm sure your listeners have heard on this show many times that it is all about the operator when you're looking to invest passively in commercial real estate.”