Podcasts about passive wealth strategies

To access a FREE collection of resources, go to www.TheMaverickVault.com   Explore innovative ways to leverage strategic upgrades and renovations to maximize the value of multifamily properties with our guest, Taylor Loht. Dive into this episode for practical tips on harnessing the potential of your real estate investments for long-term financial success. Take a step towards passive wealth by tuning in! Key Takeaways From This Episode The value of choosing a real estate niche  How to vet a good deal operator and evaluate potential investments  Reasons why apartments and self-storage make good investments  Outlook on the commercial real estate market  Psychological barriers impacting passive investors' success     References/Links Mentioned Microsoft Excel Spreadsheet Software SEC.gov Apartments.com Jeff Bezos Amazon.com Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback Crucial Conversations by Joseph Grenny et al. | Kindle, Paperback, and Hardcover   Empower yourself with insights that could save you thousands and earn even more by visiting https://www.passiverealestatecourse.com/ and enrolling in Taylor Loht's seven-day video course about the “Red Flags in Passive Real Estate Investing.” Secure your spot now for FREE!     About Taylor Loht Taylor is the founder of NT Capital and host of the Passive Wealth Strategies podcast. He teaches busy professionals how to invest in real estate without dealing with tenants, toilets, and termites. He 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  Website: NT Capital | Passive Wealth with Real Estate  Podcast: Passive Wealth Strategy Show Email: taylor@ntcapitalgroup.com    Are you a passive real estate investor seeking financial freedom? Almost daily, new headlines break on the latest financial market upset. Now is the time to get educated on how to strategically invest in commercial real estate for long-term financial freedom. Grab your copy of “How to Passively Invest in a Changing Economic Environment” Go to…www.MavericksInvest.com    Want to keep up to date on the commercial real estate market, trends, investing tips and know what Neil is buying right now? Connect with him at Legacy Impact Investors, and be sure to register for his newsletter.    Connect with Neil Timmins on LinkedIn. If there is a topic you want to know more about or a guest that you would like to see on the show, shoot Neil a message on LinkedIn.      About Neil Timmins Neil is a commercial real estate syndicator, published author, and podcast host.   Neil's entry point into the Real Estate industry came after a few short years in banking. Recognized by the Wall Street Journal as a Top 100 team and the #1 REMAX agent in Iowa by the age of 29, Neil had solidified his role as a force in the industry.   Having completed hundreds of Fix & Flips, Wholesales, Wholetails, Novations, and Owner-Financed deals, Neil longed to quit forfeiting time for dollars. After building a portfolio of single-family rentals to produce passive income, he found the strategy to be anything but passive.   Neil, however, didn't go looking for his first commercial deal, he actually stumbled into it. Since then, he has refined the process of analyzing and buying commercial properties that produce stellar cash flow.   Neil has been involved in over $300,000,000 in real estate transactions. While his holdings in commercial asset classes include apartments, offices, mobile home parks, and self-storage units, his passion is industrial property. Neil now has verticals in residential real estate, multiple commercial asset classes, brokerage, publishing, and this successful podcast.   Neil and his wife, Emily, are the proud parents of three active teenagers. Those who know Neil say he is a competitor by nature, whether for the biggest fish on a deep-sea fishing trip, the best ribs at a barbeque, or playing football back in his day at his alma mater, the University of Nebraska at Omaha as a Maverick. Neil is always up for travel, spending time on the water, and of course, meeting people interested in learning about and investing in commercial properties.   Click here to see video of the podcast. 

Get ready to buckle up for an action-packed episode of The Rent Roll Radio Show as Sterling Chapman brings you an electrifying conversation with real estate maven, Taylor Loht. With over $250 million in commercial real estate deals under his belt, Taylor spills the beans on his adventures in multifamily and self-storage investments. Join them as they dive into the impact of high-interest rates on the real estate market and uncover the hottest regions for investment.   Outline of the episode: Positive Experience at Deal Maker Live: Networking and Making Connections Leveraging Podcasts for Building Investor Relationships Self-Storage as an Investment: Value-Add Opportunities Navigating High-Stakes Conversations: Lessons from "Crucial Conversations" Finding Balance and Growth through Brazilian Jiu-Jitsu And so much more! ~ About Taylor Loht: Taylor is the founder of NT Capital and host of the Passive Wealth Strategies podcast. He teaches busy professionals how they can invest in real estate without dealing with tenants, toilets, and termites. He 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://ntcapitalgroup.com/ Podcast: https://www.passivewealthstrategy.com/ Instagram: https://www.instagram.com/passive_wealth_strategies/?hl=en Linktree: https://linktr.ee/ntcapital   Connect with your host Sterling Chapman on: Website Podcast | The Rent Roll Radio Show Facebook YouTube Twitter TikTok  

Get ready to reframe your mindset in relationship building, task delegation, and success with Taylor Loht as we chat about networking insights you can leverage to make meaningful connections. Tune in, overcome your limiting beliefs, and seize this opportunity to thrive in the real estate industry!Key Takeaways to Listen for Techniques introverts can use to build business relationshipsSimple ways to open and sustain a networking conversation Why limiting beliefs are your greatest obstacle to success and how to overcome themThe power of task delegation and managing VAs efficientlyAdvice for aspiring investors in today's market condition Resources Mentioned in This EpisodeMultifamily & Commercial Real Estate Investor BiggerPocketsBest Ever Conference How to Win Friends & Influence People by Dale Carnegie | Paperback and Hardcover Real Estate Syndication Training  The Weekend Mastermind The E-Myth Revisited by Michael E. Gerber | PaperbackFree Apartment Syndication Due Diligence Checklist for Passive InvestorAbout Taylor LohtTaylor is the founder of NT Capital and host of the Passive Wealth Strategies podcast. He teaches busy professionals how they can invest in real estate without dealing with tenants, toilets, and termites. He 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 TaylorWebsite: NT Capital | Join the Investor ClubPodcast: Passive Wealth Strategy Show | Apple Podcast To Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

Taylor Loht is the founder of NT Capital and host of the Passive Wealth Strategies podcast. He teaches busy professionals how they can invest in real estate without dealing with tenants, toilets, and termites. He lives in Richmond, Virginia, where he started and runs the monthly Richmond Multifamily Investors Meetup, trains Brazilian Jiu-Jitsu, and actively contributes to Bigger Pockets. Intrigued with real estate investing but concerned about picking up a second job and more headaches, Taylor Loht searched for new investing strategies. As a busy professional himself, he understood the importance of learning passive investing strategies and sharing those insights with others. In today's episode, Taylor provides us with some insights on passive & active investing and real estate syndications. Episode Link: https://www.passivewealthstrategy.com/join-the-investor-club/?source=investwithtaylor   Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: Hey, everyone, welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by Taylor Loht, founder of NT capital and Taylor is going to be talking to us today about syndications and how to spot some of the not so great actors out there and who syndications may and may not be for as an investor goes. So let's get into it.   Taylor, what's going on, man? Thanks so much for coming on and hanging out with me today. I really appreciate you.   Taylor: Thank you for having me today. I'm really excited to talk with you.   Michael: No, likewise, likewise. So I know a little bit about your background and kind of what you're doing but for those of our audience members that don't know who you are, give us a quick and dirty who you are. Where do you come from and what is it, you're doing real estate today?   Taylor: Sure, absolutely. I'm a real estate investor based in Richmond, Virginia, I decided to make the switch to real estate investing. A number of years ago, I don't even honestly remember exactly when but had been investing in Wall Street, you know, typical things. For a few years. You know, at the time, it was kind of hard to pick and miss on Wall Street because it was right in the wake of the great recession. But I just saw real estate as a better opportunity to create passive income and then, you know, here we are.   Michael: Awesome and now today, you got a company and T capital. Talk to us a little bit about what it is that you all do.   Taylor: Sure, absolutely. So it's part of my real estate syndication investing. So basically, I help people passively invest in real estate syndications. Got the securities licenses and everything to do that and help sponsors raise capital in a compliant manner, of course, and, you know, help people, as I say, on my podcast, escape the Wall Street casino and build wealth on Main Street by investing in real estate.   Michael: Love it and what is your podcast called for anyone that wants to go check it out?   Taylor: Sure. Thank you for the opportunity. It's the passive wealth strategy show available every Monday, Tuesday and Thursday, new episodes interviews, just like this one,   Michael: Right on. So it's a common debate that we have passive versus active real estate investing. So I love for you to wear your passive hat because you've done both right? You've been on the active side, and now you're on the passive side. So why did you end up there?   Taylor: So, that's an interesting question. So I'm a little bit in a in a hybrid state right now, to be honest with you. But, you know, I think most people when they start real estate investing honestly, myself included in this, our familiarity with real estate kind of is limited to flips, which we see on HGTV, and buying single family rentals, and you know, the one up the street and rent it out. There's nothing inherently wrong with either one of those. But the reality is that both of those strategies take a lot more work than we really think they do from the outside. Now, if you buy a single family rental and put it use a property manager, you can turn that into passive income over time, if you kind of do it the right way and buy at the right price and all those kinds of things. Flipping itself is a very active business and after learning about both of those and most of the other real estate, investing strategies.   When I was kind of getting started, I just really gravitated toward commercial real estate larger properties. I honestly don't know what it is. Maybe it's aesthetic. Maybe I just I like to think big, just get really excited about big things. But when you're buying you want to buy a $15 million property. Well, you know, I don't want to say too much about myself here, but I don't have all the money for that down payment. I can't put all that money down and I never could write when I was just a guy at college trying to figure out my way in real estate. So eventually I found this path through real estate syndication. I had money saved up from investing in Wall Street and you know, I didn't did alright in that. But wanted to make this shift and started passively investing in real estate syndications, with my eye on getting on the more active side of things, and now I do both and you know, I'm more than happy to have this be my investing strategy, I love it.   Michael: I love it. Well give us some insights into who real estate syndication investing is for and who's maybe not a great candidate to be an investor in a syndication?   Taylor: Sure, absolutely. So, my mind first goes to and this is most of my investors are high earning busy professionals who maybe have a family they have a job that they work 40-60 plus hours a week, make a lot of money. and maybe have some leisure activities, just want to earn some passive income but don't want to build their own real estate investing business on the side, they want to maybe like I said, say as a lot of harp on this, get out of the Wall Street casino, and invest in real estate, then that may be a good fit because if you're somebody who earns a couple of $100,000 a year, then you have to, I think you should think about what your time is worth in terms of dollars per hour and where you can best allocate your time because time is our most finite resource and I was kind of debating whether I was gonna say this, but today we're recording today is my 33rd birthday and I'm always thinking about the shortness of life, I guess, if you will, and I think, from your investing standpoint, you should think about that we all only have 24 hours in the day, if you do really well in your career, then bear that in mind, when you're considering an investing strategy, that could kind of be another job like, like maybe flipping as often another job for folks more active investors, again, you know, I love active investing, you need to be ready to put the work in, it's, it's a lot of work to invest in real estate, find deals and do deals, especially today when interest rates are going up and prices are at all-time highs and we're seeing some softening in the retail market in particular, which, you know, we have to kind of, we have to work with the market that we're given and we find ourselves in. So you know, if you're willing to put the work in, I say go for it. You know, there's absolutely nothing wrong with that. I like putting the work in on my deals and everything. But really just think about your time how you want to spend your time and what your time is worth for you both in terms of what you want it to be worth, but also what it is actually worth, if you're working. What are you getting paid now and think about that for your real estate investing…   Michael: Yeah, I think that makes a ton of sense. I think it's a really great way to be thinking about things. Well, first and foremost, Taylor, happy birthday. Thanks for taking the time on your birthday day to hang out with me, this is awesome.   Taylor: It is my favorite thing to do. So no problem…   Michael: Well give us a little bit of insight into how you coach your investors or how you coach folks that think about the returns and the return on their time because I think that makes a ton of sense and thinking about, okay, how much is your time worth. But I can pretty clearly calculate, okay, if I buy this property as an active owner, this is what my return is going to be this was my cash on cash is going to be this is what my hopeful eventual exit price might look like versus about up to a syndicator like it's in your hands and if they screw up, well, then that that's a bummer for me.   But I don't have control over that. So are the returns going to be stronger as with this indicator? Are they going to be not as enticing, but I have to do as much work kind of give us an insight into how people I should be thinking about that?   Taylor: Sure, of course, I want to be careful what I say in this regards and you know, every deal is different and past results are not an indication of, you know, future performance and all those kinds of things. You know, in my experience, both in an active real estate investment if you're doing your own deals or investing in real estate syndication, either those strategies can do very well and either while either one of them can lose a lot of money, I think it's a, it's a matter of weighing pros and cons and to kind of get back to the question about if somebody is considering if passive versus active makes sense to them. If you're somebody who can't imagine giving control of your money or your investment over to a syndicator, no matter how experienced they are, maybe they have several 1000 units under their belt and several billion dollars in assets under management. But still, you can't get past it. Well, hey, that's a sign you know, and that's your priority. That's your decision to make it's your money as your financial future. Go for it. You know, I think that this spectrum when we're talking in a general sense about the returns that you can make, you know, it's a little tough to be specific about that. Either type of deal can make money either type of deal can lose money, I think some of the other things to consider is if you're going in buying a single family up the street, getting the data in your own name and those kinds of things. Well, you're on the hook for the debt as the investor and if you're willing to do that, hey, great, no problem.   Most real estate syndications, however, which use that, set it up and the lender set it up so that the passive investors are not personally guaranteeing the debt. So their risk of loss is limited to their initial investment, their equity that they invested in the deal. So your potential downside is your investment can absolutely go to zero. Of course, we always want to be cognizant of that and the risk in our investments but if you're not on the hook for the debt, then hey, you're not on the hook for the debt. Now somebody is on the hook for the debt and that's what you want and one of many things you want to look into. In a real estate syndication, who's guaranteeing the debt? How are our interests aligned that hey, we all want this deal to perform and if it goes wrong, it's going to be worse for say the general partners who are guaranteeing the debt. Those are things we want to think about but again, debt is a big factor in real estate investments, and it's one of the risks so that as a passive investor in the syndication, you can kind of take off the table for yourself and the general partner or key principal or somebody else will guarantee the debt.   Michael: That's a really interesting point that I want to come back to but since you were describing the person that really can't give up control, I think that's me in a lot of instances, I'm a recovering engineer and so I like to engineer the crap out of things but I'm just curious, have you come across people that like really want that high degree of control, but also invest in the stock market?   Taylor: That's an interesting question and I think, yes, I think we, maybe we've been kind of trained or programmed or maybe it's the way that media talks are something that we think that when we're buying a portfolio of stocks, hey, I have the control, because I get to hit the buy and sell button, which is true, you do get to do that. But there are many other factors that are outside of your control and when I was really heavily investing in the stock market, I got, I got my props here, my books. This is the first book I read about investing the Intelligent Investor, it's incredibly thick, I only read it once.   It looks like a dictionary, which is a ginormous book but you know, it kind of drove me toward index investing, because I learned through this book, Benjamin Graham and its Warren Buffett strategy as well that I can't pick stocks and I honestly, I tried a couple times, and I always lost out on I'm no good as a stock picker but I think that having that buy and sell button really gives us the feeling that we do have a lot of control and you do get that amount of control, you can buy and sell but you can't control the fluctuations of the market, you can't control the positive or negative decisions that the executives might make, or you know, kind of anything.   Michael: Right, right. It always cracks me up when people talk about yeah, I got so much control and it's like, like, stop kidding yourself. Alright, so let's talk about leverage for a minute because I think you bring up a really good point and it's interesting to know that the general partner is usually going to be on the hook for the leverage for the debt rather, and that it stops with limited partner. But talk to me a little bit about how people think about debt to invest. So what I mean by that is, if I want to go buy $100,000, single family home, I can go bring 20 grand to the table and get $80,000 mortgage. Now I control $100,000, an asset and the appreciation I see is going to be that $100,000 number versus if I want to go to a syndication, can I go get a loan from that same bank and say, hey, I want to put $100,000 into the syndication.   Taylor: No, and frankly, if the if I were, you know, the general partner seat in that case, and I found out that somebody was taking a taking out a loan to invest in the equity portion, it may or may not be technically legal for me to accept that money, but it would not be wise for me to accept that money because if things aren't going to plan, which can happen in a real estate deal of any kind, then you're going to be in a personally difficult position and that's going to flow to me, and it's going to be still going to be my problem and I'm just gonna have to deal with that. So it wouldn't be wise for the general partner or the limited partner to do that and I think I should clarify, what I previously said, Is there are multiple types of real estate debt. At a high level, there's recourse and non-recourse where recourse means you're personally on the hook for the money. A lot of syndication deals and commercial real estate deals will use non-recourse debt where the general partner while they're kind of they're putting up guarantees, and they're agreeing to behave well. We're not technically on the hook to repay the debt, but there are so many carve outs to that. So in the sense that if the general partner misbehaves or doesn't act in a certain manner, then the bank, you know, just reverts, and it becomes recourse debt anyway. So those are important things to consider but I wanted to make sure to clarify that point.   Michael: That's a great point to clarify. So talk to us Taylor about this specific scenario. You got a landlord, they own five single family homes, and they did the active investing, and they're kind of done, they're tired but because of what's happened over the last couple years, they've seen their equity go through the roof and they're thinking, you know, what, I will kind of want to get into this whole passive thing. I heard Taylor and Michael's podcast would love to get into one of those deals. So they cash out refi on some of those properties. So they take on new debt, now they've got a ton of cash. Are you thinking that that's not a great time to go invest that into a syndication deal, because it's technically borrowed, or when you say, take on debt is not a wise investment to go put into a syndication deal? Talk to us a little bit about that.   Taylor: That is a good point and that is an interesting way to reframe that question. I suppose in my mind, the previous question, I kind of interpreted that as, say, I'm Taylor, I'm going to go passively invest in this deal. I call my buddy Michael, I say hey, man, loan me x $10,000 $50,000. I'm gonna go invest in this deal, and I'm gonna pay you y percent over a certain amount of time. Well, that would not be wise but say if somebody's pulling debt out of properties, or applying a new mortgage to cash out refi buying properties that they already own. I think you can make a good case for that. I think it's really so one of the things where it If you're in that situation, you need to consider or you should consider all the available options. So interest rates are going up right now but historically, they're still at pretty much all-time lows and values are at all-time highs and single families. We're seeing some softening going on. But it's not like we're currently in the midst of a crash. Now, I may, I might be wrong about that but something to consider, the way I would look at that is what I want to continue owning these properties, say for another 10 years or so technically, think the average mortgages refight at seven years but how long? How much longer? Do I really want to own these properties?   You know, what's my potential here? Do I still want to mess with them? What rate am I going to get on this debt? I would consider, really all those factors are so many other options that you can technically get 10, 31 exchange into a single syndication if you do it properly. Now, a lot of times, it may not make sense, if there are fairly inexpensive properties, you're not bringing a lot of equity to the table, then it's a little more difficult to 10, 31 but I just think you have to consider all the possibilities and again, it's all about the individual making decisions that are right for them. If you still want to own those single families and continue to rent them out, then that is a valid way to do so and you still have real property there and hopefully, when you do that cash out refi you're still earning strong cash flow in the future, because you still need to support that new debt that you took on.   Michael: Great, great and Taylor give us some insights into what folks should be doing to screen syndicators because they're, you know, kind of like realtors, they're a dime a dozen, you see syndicators all over the place, doing all kinds of deals, talking about their deals are amazing. So what are what are some kind of BS meters or red flags that people can help raise on some of these folks?   Taylor: That's a great question. I mean, honestly, one of my favorite things to suggest that people do is go find other passive investors and ask them, who have you invested with what's gone positively or negatively? It's a little different than going to a syndicator and saying, hey, give me a couple of references because what kind of knuckleheads gonna give you a negative reference, right? You're gonna tailor it properly, right but if you're in that position…   Michael: Was that a play on words you're gonna take tailor right now…?   Taylor: In a way… But I would, you know, it's always you do get that question and I, you know, give people references if things have gone well, but for anybody out there in that position, there are so many groups out there that are focused on passive real estate investing leftfield, investors are great. Go there and talk with those folks and ask them, who have you invested with, it's gone? Well, there are a lot of other things you can do along the lines of background checks, heck, take the person's name and Google them. I mean, it's shocking how many people won't just punch a name into Google and you know, see what comes up, sometimes and this, this does happen. I know of at least one case where this happens. There, somebody out there who has a relatively common name, and if you google them, somebody else's prior court case comes up. So if there's any point of clarification, there's no harm in asking. But if you're, you know, if you're already out to let you know, make that judgment call on your own, if you want to ask them, hey, what happened here? Is this you or if you don't, then that's fine. That's up to you. Those are definitely things that that I would consider, I would dig into there. Also forums like bigger pockets you can go to you can post Hey, has anybody here invested with so and so, you know, DM me, and let's talk about search on bigger pockets as well.   There are many threads about positive and negative experiences with syndicators. Now, there's always an important factor to bear in mind that past performance is not an indicator of future results but I think learning about people learning about experiences can help illuminate things like scammers and fraudsters because those people are out there and you need to know how to look for them. I think as you if you're new in real estate syndication and passive investing, really try not to feel FOMO you can go out, get on people's deal lists and look at deals for a while you don't need to invest in the first deal that you ever see come across your desk, if they're good, and they're experienced indicators and they know what they're doing. They're gonna do plenty of deals right and you will get diversity, a diverse selection of deals in terms of asset classes, markets, you know, the what their maybe target returns are everything so that you can see get a picture a broad picture of how folks are doing deals and I think that really is illuminating and just taking a pause reminding yourself not to feel FOMO can really help prevent a lot of a lot of mistakes and I did put out a seven day course on red flags and passive real estate investing recently that people can get that's totally free. Not everything that can go wrong in a real estate deal because that would be an Encyclopedia upon Encyclopedia of right of information, but their high level things that if you spend enough years in this business, you'll see kind of recurring themes of things that go wrong in these types of deals.   Michael: Okay, that makes a ton of sense and those are all really great resources and tips. Thanks for that. curious to get your personal thoughts. There's the expression get rich in your niche or niche down and get laser focused and so from the standpoint of syndication, if someone has 100 grand to invest, are you thinking it makes sense to go all in on a particular deal because you love the deal and believe in that deal, and that syndicator are you going wide with kind of spray and pray across multiple deals?   Taylor: So for me, so just taking a step back, most of the time, in real estate syndication, you'll find that a typical minimum investment is $50,000. There are a lot of reasons behind that if you're accredited, that means it gets into the weeds but most real estate syndications can accept an unlimited number of accredited investors but find a 506 b syndications can only accept up to 35 non accredited investors. So they want to allocate those spots to people who are able to invest additional capital and where I'm going with that is they say a $50,000 minimum but you're not quite ready for that and you're accredited. It doesn't hurt to ask, say, Hey, would you take 25, would you take 35? Can we go a little lower? Because I'm trying to spread this out. But if I was in that position, having $100,000 I wanted to invest in real estate syndications. I would like to diversify it as much as I could because I think that's the wise decision. I was speaking with somebody recently about this. I don't want to say too much. But this person had almost a million dollars to invest. This was about a quarter of their portfolio. They had invested in Wall Street type of stuff for years and years and did very well and high income earner. Very great for them just getting into real estate syndication, asking about hey, how should I allocate this? What would you think about they were looking at their second real estate syndication investments are just getting started in the space and their consideration was I'm gonna go 500 out of this, this portfolio that I've chosen to invest in these deals and my thought on that is, that's probably too much. I think if you're really getting into it, it makes sense to not just dive in, right, kind of walk into the water kind of slowly so you can get getting diversified across markets and asset classes and operators and all those kinds of things and get your feet wet rather than just cannonball on into the waters.   Michael: Yeah, and find out later that it's two inches deep.   Taylor: By very possibly. I mean, you know, I've counted myself lucky to have I feel as though I've stayed away in my real estate investing career successfully from people who you might consider scammers and fraudsters, that doesn't mean you don't meet them, but you kind of find out who they are, and avoid them and don't do business with them but I think the more patient you are kind of helps you have a better a better batting average, if you will, maybe that's not the best way to put it. But I think diving in is the wrong, you know, wrong way to go, especially in a time when the market is, you know, maybe come volatile in the future.   Michael: Taylor, I'm curious, kind of in that similar vein, do you think personal tailors personal hot takes that having invested on the active side makes someone a better or more difficult, passive investor or does it not matter? I mean, if I'm thinking about getting started, I'm thinking, you know, I'm not sure maybe which one I'm thinking maybe as an active investor, I can learn the business and not have the wool pulled over my eyes as much or maybe I just go straight to the passive route without having to learn all of the stuff that comes along with going the active route.   Taylor: That's an interesting question. I'm not sure I'm honestly not sure how big of a I haven't noticed a difference, I suppose is what I'd probably say. I mean, I would say that though, regarding that one point, being a passive investor doesn't absolve you from learning how the business works. I think it's very wise to pay attention to what the industry is saying what at what active syndicators are saying to each other, what they're out there talking about and where they learn, right because you're going to learn the most about how deals work by say, reading the same books as them or attending webinars or maybe going to conferences. Some people are some passive investors are willing to make that investment many aren't. Some of those can be very expensive but just as a general comment, being a passive investor doesn't get you out of learning. You still got to learn.   Michael: Okay, no, I love that. I've always been preaching that that you got to learn the fundamentals from the get go, because who knows, you might learn that real estate investing isn't a great place for you and I think that's important to be cognizant of too. So kind of again, thinking similarly through that thought exercise, if we go back to our prior example of this, I'm the active owner. I own five single families looking to get involved in the passive side, and I'm looking at a pro forma from a syndicator and all I know is the single family space, right? I've purchased homes, I've done renovations on homes, capex, that sort of thing and I see a line item, big apartment building 15 million, like you mentioned, and their capex reserve is 250 a door and I'm like, no fricking way I've been in his business 250 is not going to cut it, you know, doesn't get you a stove. So how much should I be kind of nitpicking, this indication of what I know, to be true for my business, versus how much of the syndication world is just so above my head, and playing in a different Echelon that I don't really need to be spending time picking things apart?   Taylor: So I think if you're in a situation where a number doesn't make sense to you, then my opinion is you can either ask a question about it, you know, clarify, maybe run your own underwriting model, if you're so bold, not everybody wants to do that. But at a certain point, when the math doesn't make sense to you, the assumptions don't make sense to you, then just walk away and look for the next one because, you know, I, I hate to sound like an old dog. You know, 33, I've been investing in this business for a few years now but I've seen syndicators make math mistakes that lead made a pretty significant difference in the deals, and sometimes those are identified early on, sometimes they're a little, you know, higher profile but if a number like a Capex budget per unit or something like that doesn't make sense to you. You can ask question about it but use your own logic, I mean, you're at the end of the day, you're going to bear the benefit or the cost of your decision more than anybody else.   So, you know, ultimately, I think the at the individual investor level, kind of the buck stops with us, right, and we should walk away. If something like the math doesn't make sense, I've and I could go to the math errors, I've seen them blow up in a higher profile manner that I don't want to get into and I've caught them from others indicators and sometimes the ones I caught were not huge, but there was enough. Just seeing that is enough for me to say, okay, I'm done because.... Where are the other problem? Where are the mistakes? I'm not going to dig through this enough to find them, but, again, that's that feeling of FOMO, right? Really try not to feel it and if you bear that in mind, I think that helps make fewer mistakes, or kind of helps you, when you find that the capex budget doesn't make sense. It'll help you say, no problem moving on.   Michael: Yep. So is it is it fair to say to folks listening, don't go invest into a syndication until you get warm and fuzzy…   Taylor: Potentially, I think this again, gets to the individual investor level is that we all have different bars of warm and fuzzy, I'm at the point now where I get pretty warm and fuzzy with the deals that I invest in, and I don't invest in everything I see for sure. But I feel my opinion is that my warm and fuzzy is pretty well calibrated at this point, and also pretty heavily data driven. If you're brand new: Think about how is your warm and fuzzy, calibrated correctly. Maybe it is maybe it's not but you know, I'm, I'm not a pushy person in this regard and I think on the individual investor level, if you're not ready, you're not ready and that's okay. There's no harm in continuing to look at deals and, quote, sit on the sidelines but as long as in my mind, as long as you're looking at deals and you're evaluating them, then you're not quite sitting on the sidelines, you're still taking action, and you'll most likely step up eventually, or you'll decide, hey, this isn't for me at all, and you won't do it. But in that sense, you know, consider whether your warm and fuzzy is calibrated correctly. Maybe it's not, maybe you're a little too cautious or maybe you're actually being a little overly trusting, if you will, maybe you're mis calibrated in the other direction.   Michael: Yeah, I think that makes a ton of sense. Taylor, man, this has been a super fun interview. Where can people learn more about you reach out to you invest alongside you if they're interested in doing so?   Taylor: Sure. Absolutely, so I already mentioned my podcast the passive wealth strategy show available you know where you're listening to us right now I'm sure. My company NT capital, you can find out more at investwithtaylor.com or I mentioned the free seven day video course I put out on red flags and passive real estate investing that's available at passiverealestatecourse.com.   Michael: Awesome. But hey, man, thanks again for coming on. I really appreciate you taking the time and I'm sure we'll chat soon.   Taylor: Thank you.   Michael: Okay, well bye…   Okay, everyone. That was our episode a big thank you to Taylor for coming on really insightful. Again. I love some of those questions that you can ask syndicators to get an idea of whether or not it makes sense to invest alongside them or with them as oh, If you liked the show, or even if you didn't like the show, we'd love to still hear from you. Leave us a rating or review wherever you get your podcasts, and we look forward to seeing on the next one. Happy investing…

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   

Devin was a guest last year on a podcast called The Passive Wealth Strategies for Business Professionals with Taylor Loht, and we thought we'd share the episode as bonus content! Devin and Taylor have a great chat about key characteristics and leverage points that lead to a successful partnership between the general partner and investors. […]

With stocks and bonds, although you might get a small dividend, there are limited current benefits. With real estate, you get a current benefit - cash flow - from your investment and you will likely get a future benefit - appreciation - as well. Join Jim Pfeifer and Taylor Loht, the Founder of NT Capital and host of the Passive Wealth Strategies podcast as they discuss the benefits of real estate syndication investing. Taylor talks about the importance of building the mindset of turning money into more money, going to events and joining a Community to build your network, as well as avoiding the pressure to invest in a specific deal. If you want more valuable tips on earning cash flow from real estate investments, this episode's for you. To see the full show notes and transcript, click here.Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know, like, and trust. Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investors' Community.Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.

Whenever you're ready here's how I can help you… Courses https://www.dickersoninternational.com/courses One on one Coaching https://www.dickersoninternational.com/coaching Subscribe to my YouTube channel https://www.youtube.com/user/agregdickerson/?sub_confirmation=1 Subscribe to my Podcast: https://www.dickersoninternational.com/podcast ----- Greg is a serial entrepreneur, real estate developer, coach, and mentor. He has bought, developed and sold over $250 million in real estate, built and renovated hundreds of custom homes and commercial buildings, developed residential and mixed-use subdivisions and started 12 different companies from the ground up. Greg currently mentors some of the top entrepreneurs, real estate investors and real estate developers in the country helping them grow and scale their business, raise more capital and do bigger deals. Greg's current clients have over $2 billion in AUM and deals in the process. ------ Follow and reach out to me on: Instagram: https://www.instagram.com/thegregdickerson Facebook: https://www.facebook.com/pg/thegregdickerson Twitter: https://twitter.com/agregdickerson LinkedIn: https://www.linkedin.com/in/agregdickerson Website: https://www.dickersoninternational.com ------ #realestate #realestateinvesting #realestatedevelopment #houseflipping #biggerpockets #apartmentsyndication #realestatesyndication #entrepreneurship #realestatedeveloper #realestatedevelopervsinvestor #landdevelopment #howtobeanentrepreneur #howtobuyabusiness #howtostartabusiness #landflipping #howtoflipland #Commercialrealestateinvesting #BusinessCoaching #EntrepreneurshipCoaching #BusinessMentorship #Leadershipcoaching #businesscoach #businessaquisitons #businessbuying #cryptocurrency #bitcoin #dogecoin #ethereum #shiba #blockchain #crypto #investing #bitcoinprice #ethereumprice #dogecoinprice #ether --- Support this podcast: https://anchor.fm/greg-dickerson/support

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Melissa Johnson   Melissa Johnson has been flipping houses in San Antonio, TX since 2003, growing and expanding the business into a thriving real estate investment operation. With close to a thousand real estate transactions under her belt, she has also built a portfolio of rental properties and real estate notes while raising five children.  She provides coaching, support, and education for other high level real estate investors nationwide. She enjoys giving back to the REI community by hosting the E3 Podcast for Women and the MORE (Moms of Real Estate) podcast, as well as running the San Antonio InvestHer meetup group.  As an active member of the Forbes Council on Real Estate and NAWBO (National Association of Women Business Owners), she is dedicated to the success and empowerment of women in business. [00:01 - 03:47] Opening Segment Melissa gives an introduction about herself Melissa shares her real estate journey and exploring all its aspects   [03:48 - 11:27] From Education to Taking Action How to Move from Action to Implementation What's the Bigger Picture?  Being intentional and efficient Flipping Houses can be a Passive Investment, Too!    [11:28 - 21:40] Flipping to Financial Freedom Notes versus Rentals How to Make Flipping Houses Passive Income Generating Investing during the Pandemic Melissa talks about how she dealt with her REI in the pandemic    [21:41 - 32:21] Closing Segment Quick break for our sponsors What is the best investment you've ever made other than your education? My team Melissa's worst investment A property against her criteria What is the most important lesson that you've learned in business and investing? “Don't be complacent.” “You need to know why you're doing something.” Connect with my guest. See the links below.   Tweetable Quotes: “It's good to educate yourself and everything, but there comes that time where you have to flip that switch and actually take some action.” - Melissa Johnson “There are a lot of options with doing that that make it really easy and create that true passive income for you. ” - Melissa Johnson “You have to have reserves.” - Melissa Johnson “Investments aren't always money, right?” - Melissa Johnson ------------ Connect with Melissa through LinkedIn Check out her podcasts: E3 Podcast for Women and MORE Visit her website https://www.themelissajohnson.com/    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Vanessa Peters, MD.   Vanessa Peters, MD, is the founder of VMD Investing and has been investing in real estate for 12 years in single family homes, commercial retail,  apartment communities, short-term rentals, self-storage, land entitlements and manufactured home parks. She has invested in over 2500 units across 15 properties and 4 funds.  She is the author of The Busy Professional's Guide to Passive Real Estate Investing - A physician's path to building wealth, creating financial freedom & leaving a legacy.  Her passion is to help busy professionals build wealth through passive, income-producing real estate that provides attractive returns and a proven roadmap to financial freedom.    [00:01 - 11:50] Opening Segment Vanessa Peters, MD gives an introduction about herself Vanessa shares about herself and her real estate journey  Investing in something new   [11:51 - 18:53] Land Entitlement Funds How to Avoid Ground-Up Development  Building on Unbuildable Land Another Arm for Rent Vanessa talks about land entitlement funds   [18:54 - 23:49] Setting FIRE How to Build Connections for Success “It's not a male/female thing.” The Busy Professional's Guide to Passive Real Estate Investing   [23:50 - 30:22] Closing Segment Quick break for our sponsors Vanessa talks about short term rentals from being a mom-and-pop investor Investing for family Connect with my guest. See the links below.   Resources Mentioned: The Busy Professional's Guide to Passive Real Estate Investing   Tweetable Quotes: “The interesting thing about this fund is that while it is an equity fund from the perspective of the investor, it's actually a debt instrument.” - Vanessa Peters, MD “‘Oh! I'm making so much money!' But you know it's just a lesson and making sure you know what you're doing.  And when you're treating it as a business, you'll probably do extremely well.” - Vanessa Peters, MD “The motivation is not just to make money. It's because I want to give back to my folks.” - Vanessa Peters, MD ------------ Connect with Vanessa through vanessa@vmdinvesting.com, Facebook, and LinkedIn Visit her website https://www.vmdinvesting.com/about    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                     

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Shawn McEnteer   Shawn McEnteer is a Licensed Realtor at eXp Realty.  He is an active real estate agent and multifamily investor in North Jersey.  He has a unique expertise in real estate, construction and house hacking, an adventure he, his wife, and his four young children are passionate about.  Shawn has excessive knowledge in the family construction business and years of investing in real estate.  He has gained top notch property analysis which he shared with his clients. [00:01 - 05:05] Opening Segment   Shawn gives an introduction about himselfA husband, father, realtor, and investor Shawn discusses house hacking and how he began!   [05:06 - 12:43] The Fastest Way to Get into Multifamily - House Hacking!   More than Your Regular Fix and Flip Shawn shares the process of his first house hack This or That: Revamping with Laws and Codes    [12:44 - 25:50] House Hacking Tips and Tricks   How to Live Next to Your Tenants Gaining Access to Cash and Capital How to Get Luxury Tenants   [25:51 - 31:51] Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education?Deal number one Shawn's worst investmentSingle family home What is the most important lesson that you've learned in business and investing?Commitment and consistency Connect with my guest. See the links below.   Tweetable Quotes: “It's all about knowledge and who you know at the end of the day and keeping relationships.” - Shawn McEnteer “We can leverage the children in many ways, I guess.” - Shawn McEnteer ------------ Connect with Shawn through smcenteer@gmail.com, Facebook, Instagram, and Bigger Pockets   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Charlie Stevenson    Charlie Stevenson is an experienced entrepreneur, leader, and the Founder of Akras Capital. Before Akras, he founded and operated three businesses in the travel and marketing industries in the United States and Europe. With deep experience working with startup and growth ventures as both a founder and consultant, he is able to recognize and support promising businesses and provide them with the strategies, tools and support needed to ensure success.  At Akras, Charlie focuses on investor relations, branding initiatives and strategy.  He is also an accomplished world traveler, having visited over 55 countries for work and adventure.  [00:01 - 07:49] Opening Segment   Charlie gives an introduction about himself Travelling around the world, building his career   [07:50 - 11:09] A Budding Real Estate Career   Charlie shares his early real estate experiences Fix and Flip Victorian Home Seller Financing Moment!   [11:10 - 23:30] Escaping the Rat Race to Travel the World   Be Intentional Know Your Market  Know What Works For You How Comfortable REI Can Get with Markets Charlie references GoBundance   [23:30 - 31:14] Closing Segment Quick break for our sponsors What is the best investment you've ever made other than your education?Small five-unit multifamily in Sultan, Washington Charlie's worst investmentA 401(k) plan without anything to learn  What is the most important lesson that you've learned in business and investing?Having an abundant mindset. Connect with my guest. See the links below.   Resources Mentioned: GoBundance   Tweetable Quotes: “Hardency strengthens you -- [it] makes you want to open yourself to other opportunities.” - Charlie Stevenson “An abundant mindset with a ‘yes' kind of perspective can really move you a long way in business and investment.” - Charlie Stevenson ------------ Connect with Charlie through cstevenson@akrascapital.com, Facebook, Twitter, and Linkedin. Visit his website: https://www.akrascapital.com/  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Seveney Mortgage as he shares about his interesting note investing career.   Chris Seveney leads Seveney Mortgage Note Investments and is the host of Good Deeds Note Investing podcast. Since entering the real estate business, he has strived to be an industry leader with whom his partners and colleagues can put their trust and faith in. He has been the leader of multiple teams that have won numerous industry awards in excellence and innovation. Chris is a real estate professional of over 20 years and has developed over $750M in real estate and is known for honesty, integrity, professionalism, passion, and tenacity in all his dealings.  As the son of a life-long educator, Chris now shares his knowledge of first position performing and non-performing notes to his peers. Chris has an intimate understanding of this niche industry from his continued effort for self-improvement.  Chris has been able to build his Note Investing portfolio to over 250+ deals valued at over $12M. [00:01 - 05:46] Opening Segment   Chris gives an introduction about himself Getting into real estate and finding a niche Chris talks about note investing   [05:47 - 12:46] Becoming FI by Becoming the Bank   The Most Important Key to Success Learning by Doing Business Networking and Servicers Chris shares the steps and processes of his investing journey   [12:47 - 25:00] Note Investing and Funding   How to Go From Individual to Fund Trouble in Funding Early Chris tells an Ohio property horror story   [25:01 - 31:17] Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education? The systems he use Chris' worst investment Investing in one-off start ups What is the most important lesson that you've learned in business and investing? “Your word is everything.” Connect with my guest. See the links below.   Tweetable Quotes: “Network is a key component of this business. ” - Chris Seveney “... It does take time, effort, and consistency.” - Chris Seveney  “The last thing you want to do is to start funding early.” - Chris Seveney ------------ Connect with Chris through chris@7einvestments.com, Twitter, and Linkedin. Check out his podcast: Good Deeds Note Investing Visit his website: https://7einvestments.com/  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Caleb Guilliams as he delves into the best strategies for building your wealth.   After taking over the entire investment department of a bank by the age of 19, Caleb saw firsthand how 98% of Americans were financially failing despite "professional" financial advising.  After 3 years of traveling the country being mentored by the most successful financial minds, Caleb discovered a better way to build wealth.  Leaving his prestigious position at the bank, Caleb founded the company BetterWealth, authored the best-selling book "The AND Asset", hosts the Better Wealth Podcast, and speaks to thousands around the world. One of the youngest leaders in the industry, Caleb is quickly becoming The New Face of Finance." [00:01 - 09:50] Opening Segment   Caleb gives an introduction about himselfWealth in the Face of the Youth Caleb talks about his vision, mission, and infinite banking   [09:51 - 13:49] Wants, Needs, and Importance   Helping People in What They Want  Knowing What's Important Rate of Return, Return of Result   [13:50 - 24:07] How to Build Better Wealth   “What about travel?” Caleb talks about syndications Cash Flow Ratio Model The Life Cycle of Money Caleb references his book  Caleb shares how he looks at his clients Return of Time   [24:08 - 30:43] Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education?People and systems Caleb's worst investmentAnytime he was greedy What is the most important lesson that you've learned in business and investing?“Stay true to yourself and don't forget the reason why you started.” Connect with my guest. See the links below.   Resources Mentioned: The AND Asset   Tweetable Quotes: “I could care less about the money I was making, I very much cared about learning.” - Caleb Guilliams “If real estate syndication is set up properly, it's probably one of the best things you can do.” - Caleb Guilliams “I would not be willing to trade places with the richest man in the world.  Why?  Because of time.” - Caleb Guilliams ------------ Connect with Caleb through caleb@betterwealth.com, Facebook, Instagram, and Linkedin. Visit his website: https://www.betterwealth.com/, Youtube, and Better Wealth with Caleb Guilliams.   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Derek Peterson as he talks about adapting to the changes in real estate marketing and the world.   As the founder of Adapt You & Adapt Media Agency, Derek is committed to helping people & businesses do one thing - CHANGE.  Derek's journey as an entrepreneur began with the neighborhood phone directory & cold calling 120+ homes to pitch his lawn care services, with equipment he didn't yet own!  After graduating with a degree in Marketing, Derek headed into “big corporate”.  Quickly moving up the ranks with companies such as ADP, Covidien & Allergan, he amassed key learnings, though he felt his ability to influence necessary change was caged. So he made a career & life-altering decision to go out on his own.  He ADAPTed.   [00:01 - 05:42] Opening Segment   Derek gives an introduction about himselfDerek shares a brief backstory Starting real estate marketing   [05:43 - 12:24] The Next Frontier in Real Estate Digital Marketing   Derek talks about the advancements in syndication digital marketing Go across digital marketing spaces  Trust: A Guide to Passive Income Why your website is your landing page Consistent Branding and How to Keep your Prospective Clients   [12:25 - 25:24]  Social Media Behavior   Derek talks about impactful social media posts You can destroy a brand overnight How to Manage Your Social Feed How to Strike a Balance: Demonstrating vs. Excessive Flashing   [25:25 - 35:19] Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education?Making a decision to take medical device sales company Derek's worst investmentAn investment with a medical device sales colleague What is the most important lesson that you've learned in business and investing?“Continue education and realize, know, that I know nothing. ” Connect with my guest. See the links below.   Tweetable Quotes: “You have to be consistent, continuous, and timely. ” - Derek Peterson “When you put yourself out on social media… We need to start to be cautious, thoughtful, and mindful of what we're putting out there.” - Derek Peterson “You need to grow your value, really the only way to grow your value is to grow your knowledge. ” - Derek Peterson ------------ Connect with Derek through derek@adaptmediaagency.com and Linkedin. Visit his website:  www.adaptmediaagency.com or Instagram    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Neil Wahlgren as he talks about sale leaseback and industrial real estate investing.    Neil Wahlgren brings nearly two decades of leadership in operations and capital markets. Prior to MAG Capital Partners, Neil led a Bay Area real estate investment firm, raising capital for over $200M in projects.  He also piloted the C-130 in both the Air Force and Navy, logging over 2500 flight hours with combat tours to both Iraq and Afghanistan and concluding his military career as a Lieutenant Commander. Neil resides in San Francisco and enjoys flying & sailing. He holds a BS from the Air Force Academy, an MBA from Texas A&M and an MS from Troy University. With core values of integrity, punctuality, and attention to detail, he specializes in securitized commercial real estate investments with credit tenants through industrial sale leaseback acquisitions.   [00:01 - 07:49] Opening Segment   Neil gives an introduction about himself Neil shares how he was a pilot turned real estate investor  Beginning MAG Capital Partners   [07:50 - 13:22] Commercial Real Estate Sale-Leaseback Investing   Neil goes into detail on investing in single-tenant sale-leaseback Why you should invest in single-tenant sale-leaseback Putting debt on a property vs. selling a property  Neil shares scenarios on sale-leaseback investing   [13:23 - 24:07] Unexpected Expenses and Tenants   Cash Flows, Net Lease, and Unexpected Expenses Absolute Triple Net Lease Neil talks about difficult tenants Sale-Leaseback Investing Risks Sub-Investment Grade Making long term tenants Industrial results to landslide depreciation   [25:09 - 33:16] Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education? A deal they raised capital for  Neil's worst investment Leasing a car What is the most important lesson that you've learned in business and investing? “When problems show up, have the maturity and foresight to look at the situation.” Connect with my guest. See the links below.   Tweetable Quotes: “The easy segway into passive commercial is into multifamily. ”  - Neil Wahlgren “Taking your time on important decisions can result in a much more thought out and really responsible solution to a problem that will serve you long term.” - Neil Wahlgren   ------------ Connect with Neil through neil@magcp.com, Linkedin, and Instagram. Visit his website:  https://magcp.com/home/ or via LinkedIn    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Eng Taing as he gives a new perspective on taxes.    Eng Taing is the CEO & Founder of Touzi Capital and is an experienced real estate investor with $150M assets under management.  Eng is an economist by training, from the Wharton School of Business.  He also has experience leading data science and analytics at Apple, Capital One and AT&T. He's the classic immigrant story, born in a refugee camp in Thailand escaping the Khmer Rouge and finding success in data & math in America. Eng focuses on high cash flow investments and providing passive income to investors by acquiring and optimizing multifamily, senior living facilities, & bitcoin mining operations.    [00:01 - 08:09] Opening Segment   Eng gives an introduction about himselfEng shares his life background How Eng started in real estate investing and Touzi Capital   [08:10 - 22:01] How to Invest and Increase Tax Advantages   Passive Income and Tax Advantages Eng talks about taxes, tax laws and tax codes Why depreciation is a tax deferral strategy Dealing with the Opportunity Zones Eng shares how he faces tax liabilities If it's not selling, lose it   [22:02 - 28:57] Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education?Rehabbed and refinanced triplex in Los Angeles Eng's worst investmentFifth apartment building due to bad tenants What is the most important lesson that you've learned in business and investing?“Partnerships are fundamentally the most critical part of doing any business.” Connect with my guest. See the links below.   Tweetable Quotes: “I can talk about all the tax strategies and at the end of the day, it should first be a good investment.  Just because it is an opportunity zone, it doesn't mean I'm just going to do it.” - Eng Taing “One thing I love about real estate is that you control the time.” - Eng Taing “That tiny bit of financial freedom makes you bolder; gives you a more abundant mindset.”  - Eng Taing ------------ Connect with Eng through eng@touzicapital.com, Linkedin, Instagram, Facebook, and TikTok Visit his website:  www.touzicapital.com    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today we meet our guests Joey Mure and Russ Morgan to talk about escaping the main street and the road to financial freedom.   Wealth Without Wall Street's Founder and Partner, Russ Morgan, is known as “The Idea Guy.” Russ began his professional career as an investment advisor in 2004 after graduating from Auburn University — a slight foray from 10-year-old Russ' dream of becoming a professional baseball pitcher. After obtaining his CFP in 2008, Russ started IBC the following year, and eventually went on to found Wealth Without Wall Street in 2015. Russ' creativity, fresh ideas, and knack for problem-solving are indispensable assets to his role at Wealth Without Wall Street. Russ hopes to be remembered as an innovator who loved to teach others, and he has a goal to one day serve in the mission field.    Joey Mure, Founder and Partner at Wealth Without Wall Street, brings impact, integrity, and generosity to the company every day. He hopes to be remembered as a lover of Jesus, devoted husband, and faithful father. Despite dreaming, around age 10, of becoming an orthopedic surgeon, Joey was in the mortgage business for 11 years before moving to finance.  Joey's strengths in building relationships, asking great questions, and influencing and empowering people with the Wealth Without Wall Street message make him invaluable to the company's mission. He is relational, impactful, and a true leader.   [00:01 - 09:14] Opening Segment   Joey and Russ gives an introduction about themselves An overview of Wealth Without Wall Street Joey and Russ share why they shifted to real estate investing   [09:15 - 22:59] Building Wealth without Wall Street   The Three-Step Process to Financial Freedom Russ and Joey talk about the road to financial freedom Gaining clarity and vision Getting control financially Paying Off Debt Like a Boss Picking a course of action   [23:00 - 31:39] The Financial Easy Button   Why people want the financial easy button Joey and Russ' magic words and 401(k) He who has the goals makes the rules Start living today [31:40 - 45:22] Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education? Joey: Starting a business Russ: 401 Lakehouse Joey's and Russ' worst investment Joey: Small Business Russ: Cattle What is the most important lesson that you've learned in business and investing? Russ: “Knowing yourself is critical.” Joey: “Get someone to help us get clarity.” Connect with my guests. See the links below.   Resources Mentioned The Backwards Brain Bicycle SmarterEveryday   Tweetable Quotes: “Opportunities find cash.  When you focus on what you want, then that cash starts to find a home.” - Russ Morgan “You have to have something that anchors you, that drives you whenever things get difficult.” - Joey Mure “It's important for us to inspect what we expect from those investments.” - Joey Mure ------------ Connect with Joey through LinkedIn  Connect with Russ through LinkedIn Visit their websites:  https://www.wealthwithoutwallstreet.com/, https://app.wealthwithoutwallstreet.com/, or Facebook   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Bobby Sharma to talk about tracking investments and taking them to another level.     Bobby Sharma is the CEO and Founder of BetterCapital.us.  He's been in real estate since he was 24 and has been tracking, monitoring, managing, and growing his real estate investments through data.  Real estate assets are some of the most valuable and prized assets and Bobby has everything streamlined with his original system.   Having experienced the challenges of managing and tracking real estate investments, Bobby has made it his mission to help others in planning for the future of their real estate investments.   [00:01 - 13:35] Opening Segment   Bobby gives us an introduction about himself  Beginning real estate at 24 Facing a crash and starting BetterCapital.us The Three T's: Tracking, Training, Transaction   [13:36 - 24:42] How to Track and Grow your Real Estate Investments thru Data   “People want a lot of storage.” Bobby talks about the challenges in managing real estate investments Investing with a Click of a Button   [24:43 - 30:41] Finding the Right One   Get educated, get trained Bobby shares about mindset and tactical education Opening Training for All   [30:41 - 39:27]  Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education? The house I hacked Bobby's worst investment Bobby shares a story about buying a duplex with the wrong partner What is the most important lesson that you've learned in business and investing? “Build the right network, invest in the relationships”   Connect with my guest. See the links below. Tweetable Quotes: “You cannot manage what you cannot measure” - Bobby Sharma “If you want to play in the Wimbledon, you are not gonna play in the Wimbledon if you are in the seats… You gotta get on the ground.  Get in the game.” - Bobby Sharma “Don't be transactional, focus on the big picture.” - Bobby Sharma   ------------ Connect with Bobby through LinkedIn or bobby@bettercapital.us  Visit his website: https://www.bettercapital.us/     LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes  

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Michael Eakman II to talk about finance for professional athletes and high paid professionals, finding the right people, and investing regardless of time.   Michael is the Founder and Wealth Manager at Adaptive Wealth Partners in Las Vegas. He's been working in Finance since 2011 and serving clients across the country with a unique focus on investors who are sports and entertainment professionals, as well as business owners and entrepreneurs. Finances are often the #1 stress people have in life and Michael has experienced what it is like to struggle with direction and money in life personally. Having experienced a financial rock bottom of his own, Michael now has a passion for finding solutions to simplify the complexity of money and financial issues in all areas of life for his clients.   [00:01 - 03:54] Opening Segment Michael gives us an introduction about himselfAs a wealth manager and President of the Adaptive Wealth Partner What Adaptive Wealth Partner is all about   [03:55 - 07:43] Where Athletes Go Wrong Michael talks about how athletes face similar challenges with ordinary people Building foundational knowledge for athletesInvestments, savings, business opportunities Spending on daily lifestyle   [07:44 - 21:10] Finance for Professional Athletes Do your homeworkUnderstand what you are investing in Michael talks about asking the right questions to find the right advisors Investment Psychology Looking at investments as a a clock Extra Spare Tire Fund  Michael talks about investing and financial advising when the market is down   [21:11 - 29:48] Closing Segment Quick break for our sponsors What is the best investment you've ever made other than your education? Mental strategies; staying positive Michael's worst investmentBuying cars in high school  What is the most important lesson that you've learned in business and investing?“Going outside of my comfort zone and be okay with not knowing everything, but knowing where to find the answers for everything.” Connect with my guest. See the links below.   Tweetable Quotes: “Investing is a mental game as much as it is a financial game.” -Michael Eakman “It's not a bad thing to trust others but you have to know what questions to ask.” -Michael Eakman ------------ Connect with Michael through LinkedIn. IG: @theathleteadvisor Visit his website: https://www.adaptivewealthpartners.com/   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes  

Welcome back to the Passive Wealth Strategies show. Today we meet our guest David “David O” Ounanian and he's going to share how he escaped the rat race, came up with the BRRRR method, and why you should invest in real estate.   David “David O” Ounanian is the Founder of My Agent Investor.  He was a full-time software engineer who spent over a decade climbing the corporate ladder only to be trapped in financial debt and living paycheck to paycheck before he became an active real estate investor.  He has dreamed of financial freedom for his wife and children and through real estate, he has made passive income a reality.  Beginning in investing is a challenge and David O is passionate about helping new and out of state investors become financially free while avoiding the mistakes that he made starting out.   [00:01 - 06:03] Opening Segment   David O gives us an introduction about himself As a real estate agent and investor David O shares his journey as a software engineer to real estate investing   [06:04 - 09:29] Escaping the Rat Race   David O talks about his first deal Take the leap of faith“I didn't know what I didn't know.” Leverage fear Get help from experts   [09:30 - 23:50] The BRRRR Method   Buy, Rehab, Rent, Refinance, Repeat Using the same capital in building a portfolio Investing is Active and PassiveInfinite Return Working with the experts “Most agents suck.”David O shares how his business started Looking using the financial lens Top 10 Reasons to Invest in Real Estate    [23:51 - 33:01]  Closing Segment   Quick break for our sponsors What is the best investment you've ever made other than your education? Single family house David O's worst investmentHis first deal Not knowing what he was doing and not getting any help What is the most important lesson that you've learned in business and investing?“Begin with the end in mind.” Connect with my guest. See the links below.   Resources mentioned: My Agent Investor 7 Baby Steps to Creating Rented Income   Tweetable Quotes: “We're not far from that scenario where you're not gonna need a real estate agent to buy a property.” - David O “You better find an agent that's investing in real estate themselves.” - David O   ------------ Connect with David O through LinkedIn. Facebook: @agentdavido  IG: @agentdavido  Visit his website: https://www.agentdavido.com/ or http://www.wealthagents.com    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today we interview our guest Lance Graulichto to find out all about franchises and how they can replace your job or help you earn more.  Lance Graulich is the founder & CEO of ION Franchising, an industry leading franchise consulting and development group, that represents over 500 franchise brands & business opportunities within 90 categories. Lance helps prospective entrepreneurs find their perfect franchise for FREE. He also assists independent business owners in creating a franchise system. Lance started out in the family business on Wall Street after receiving an economics degree. He then joined a TGI Friday's franchise in Phoenix, AZ as a key executive and was vital to the rapid growth of this $225,000,000 organization. Mr Graulich was a multi-unit, multi-state franchise of Wingstop and Krispy Kreme Doughnuts. He has created countless start up brands and has become the industry leading donut expert. He is the founder of a donut chain called Pinkbox in Las Vegas. His latest start up bakery project is with a Food Network star. As a business start-up expert with more than 25 years of experience, he has served as President of various franchise advisory councils and boards advising emerging franchise brands. He has helped a multitude of companies grow efficiently & effectively. Lance routinely provides advisory services to private equity firms covering the restaurant industry as well. and finding the money.   [00:01 – 8:30] Opening Segment Lance talks about leaving Wall Street to work for major franchises across the US. Being a franchise broker. The difference takes on owning and operating franchises. Franchises categories. Absentee owner model [8:30 - 17:00 ] Franchise Business Model : What franchises have in common with Real Estate investing. Why some franchises perform better than others. Replacing or keeping W2 with a franchise.  Lance shares two stories about clients who successfully implemented a franchise as a source of income. [17:00 –18:30 ] Loans and Financing Lance describes different tactics to fund a franchise.Using your 401K - ROBS (Rollover Business Startup Loan) SPA Loans [18:30 –23:20 ] COVID-19 Impact on Franchises Businesses that rely on customers coming into their building. The power to adapt to any situation Lance shares his thoughts on some franchises that had difficulties during the pandemic. [23:20 – 29:00] Closing Segment Quick break for our sponsors What is the best investment you've ever made other than your education? Joining the largest franchise brokerage in the US. Lance's worst investmentLance shares his story of an unsuccessful partnership on a WingStop franchise.   What is the most important lesson that you've learned in business and investing?Take advantage of the right resources. Joining Masterminds.   Connect with my guest. See the links below.   Tweetable Quotes: “Cash is king, capital is king, franchising is no different, there are plenty of models that can grow on their own through their cashflow at their own speed .” - Lance Graulich “The final step in validation with a franchise is that you get to talk to other franchise owners and understand about the best practices and how to ramp up.” - Lance Graulich ------------ Connect with Lance through : facebook.com/ionfranchising/ IG: @ionfranchising Visit his website: www.ionfranchising.com    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today we meet our guest Jeremy Porto to talk about Real Estate investing, creating and maintaining partnerships, finding the right people and finding the money. Jeremy Porto has been investing in real estate since 2008. With a civil engineering degree from the University of Virginia and leadership experience as a special operations pilot in the United States Air Force, Jeremy is well suited to handle the high level of detail and focus required to handle our team's negotiations and acquisitions.  With over 300 units in 4 different states in the southeast, Jeremy's experience and perseverance positions Astra Equity as a leader in the multifamily space.  [00:01 – 6:33] Opening Segment Jereme gives us and introduction about himself:An Air Force pilot getting started on single family and multifamily investing. Rentals, buying single family, duplexes and focusing on fourplexes. Moving to larger multifamily. Forming Astra Equity and getting to 75 units.    [6:33 - 8:25] Early Investments: Investing in Real Estate while active at the Air Force. The stability of having a partner with a W2 and Real Estate Investing. Getting started on a few investments.  [8:25 – 26:00] Multifamily as the Main Goal Syndicating deals as a medium to larger projects. Evaluating deals on their risk.Joint Ventures and Syndication Decision process when looking at a deal.Complementary skills when participating in partnerships. Jeremy describes his partners. Setting criteria when evaluating a deal. Leveraging your network to find the right team and solve problems. Jeremy explains how he funds his deals.Credit Unions Prepayment penalties on Credit Unions Lending terms by agencies Knowing your lender and establishing a relationship Jeremy shares his predictions for the future.He shares his vision on uncertainty Reference to “ The Black Swan” by Nicolas Taleb   [27:00 – 31:00] Closing Segment Quick break for our sponsors What is the best investment you've ever made other than your education? A fourplex deal in Colorado Springs Jeremy's worst investmentJeremy shares a story about buying a single family property with his mother.  What is the most important lesson that you've learned in business and investing?“The team is what it's going to get it done, not the individual” Connect with my guest. See the links below.   Tweetable Quotes: “Problems get solved by people, whether that's somebody who can connect you with somebody else, somebody who has capital, somebody that has experience or knowledge that you don't have. All of these problems get solved by people  .” - Jeremy Porto “Network on volume, put yourself out there , the more people you meet the more deals you do.” - Jeremy Porto ------------ Connect with Jeremy through  LinkedIn or at jeremy@astraeq.com   Visit his website:  www.astraeq.com   Resources Mentioned:  Investing in Duplexes, Triplexes, and Quads: The Fastest and Safest Way to Real Estate Wealth - Larry Lofthis  The Black Swan - Nicolas Taleb   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes

Welcome back to the Passive Wealth Strategies show. Today, we welcome Kevin Galang to talk about Kevin's specific case of how he invested in notes, how he got involved in notes and how he finances and funds his note investing strategy. Kevin Galang is passionate about 3 things: living abundantly, personal development, and convincing people that the “American Dream” is really more of a nightmare. While currently working in tech sales, Kevin focuses on investing in mortgage notes while helping other busy professionals turn other people's debt into income for their savings or IRAs through public speaking at webinars and local real estate Meetups.   Kevin believes that you cannot “save” your way to financial security. Investing is a must. As a believer in “abundance,” he actively shares his thoughts on investing, the lessons he has experienced, and the information he has gathered on his two podcasts – Tech Guys Who Invest & Note Nuggets Podcast. As the co-host of the Tech Guys Who Invest podcast, he helps busy professionals learn how to invest wisely and safely through the knowledge of industry experts and experienced investors while sharing his perspective as an active investor in today's market.   Check full show notes by clicking “Episode Website” below. Connect with Kevin through his email kevin@notenuggets.com or LinkedIn  Visit his website:  https://home.notenuggets.com and listen to his podcast Note Nuggets Podcast   Leave a 5-star review if you like this episode.

Join co-hosts Richard Coyne & Bill Zahller as they interview guests who left a successful career to pursue a different path on the Road Less Traveled Show! In this episode, we meet Taylor Loht!  Taylor is a former chemical engineer that shifted to being a Real Estate entrepreneur.   A bit more about Taylor: 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. Taylor's 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! Taylor 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 in Brazilian Jiu-Jitsu, and actively contributes to Bigger Pockets.   Contact Taylor Website: www.passivewealthstrategy.com Facebook: https://www.facebook.com/taylor.loht Instagram: https://www.instagram.com/passive_wealth_strategies/ Podcast: Passive Wealth Strategies for Busy Professionals   Contact Bill Zahller Phone: 828-275-5035 Email: Bill@ParkCapitalPartnersLLC.com LinkedIn: linkedin.com/in/billzahller   Contact Richard Coyne Phone: 404-245-9732 Email: Richard@ParkCapitalPartnersLLC.com LinkedIn: linkedin.com/in/richardjcoyne   If you would like to learn more about how Park Capital Partners connects investors with passive income-generating opportunities through real estate, please contact Park Capital Partners LLC in the following ways:  Website: ParkCapitalPartnersLLC.com Email us: info@ParkCapitalPartnersLLC.com Facebook: https://www.facebook.com/ParkCapitalPartners/ Linkedin: https://www.linkedin.com/company/park-capital-partners-llc/   Music by Aliaksei Yukhnevich/Jamendo. Audio and Video production by Kerry Webb.

Welcome back to the Passive Wealth Strategies show. Today, we welcome Chris Larsen as we talk about his first-hand experience using the infinite banking concept. We also talk about the importance and the strategy of building teams as a real estate investor. Chris Larsen is the Founder and Managing Partner of Next-Level Income. After 18 years in the medical device industry, he dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. He began syndicating deals in 2016 and has been actively involved in over $350MM of real estate acquisitions. [00:01 – 07:07] Opening Segment I talk briefly about great values that await you in this episode Guest Introduction and backgroundChris' background [07:08 – 16:44] Next-Level Passive Real Estate Income Publishing his book Next-level income: How to Make, Keep, and Grow Your Money Using the ‘Holy Grail of Real Estate to Achieve Financial Independence Chris goes over the infinite banking strategy Taking things to the next level with Infinite banking [16:55 – 21:47] Building Teams The importance of building teams in real estate investing Having the right mindset as a team Surrounding yourself with like-minded peoplePeople with an abundance mindset Find the right person for the right roles [21:48 – 25:00] Closing Segment A quick break for our sponsors What is the best investment you've ever made other than your education?The ring I used to convince my wife to marry me Chris' worst investment What is the most important lesson that you've learned in business and investing?Surround yourself with the right people, with the right mindset. Connect with our guests. See the links below.   Tweetable Quotes: “Multifamily is the holy grail of real estate.” - Chris Larsen “Don't think about how to do something, find the right ‘who' to do something.” - Chris Larsen “If you want to be really good and really affect a lot of people, you can't be doing everything yourself.” - Chris Larsen “Invest in what you know, trust your plan, and don't get sidetracked.” - Chris Larsen “Surround yourself with the right people, with the right mindset.” - Chris Larsen Resources: Next-Level Income Free Book Who Not How - Dan Sullivan and Benjamin Hardy ------------ Connect with Chris, send him an email at chris@nextlevelincome.com. You can also visit their website at https://www.nextlevelincome.com/  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

Welcome back to The Passive Wealth Strategies for Busy Professionals. This episode is Part 1 of our Interview with Jonathan Feniak where we talk about LLCs and what they offer you as a Real Estate Investor. Jonathan Feniak is an attorney and partner at Colorado Trust & LLC Attorney. In this position, he helps business owners at nearly every level and in nearly every industry with asset protection, estate planning, and business formation. Beyond business owners, Jonathan also helps activists of all political persuasions to legally protect themselves. [00:01 – 04:14] Opening Segment An Insight into the episode Guest Introduction and background   [04:15 – 24:41] All About LLCs Upsides of LLCs for your real estate investmentsIsolating risks for your investments Privacy Filing an LLC in Florida Transferring an entity from one state to another Risk of management budget Piercing the corporate veil Treating your LLC as your alter ego   [24:42 – 25:29] Closing Segment Connect with our guest. See the links below. Watch out for Part 2!   Tweetable Quotes: “You need to think about those things that could derail your plans as part of your process. You think about your cap rates, how to get tenants, or things that could go wrong and throw you off-course. A Limited Liability Company is a great way to isolate risks.” - Jonathan Feniak   --------   Connect with Jonathan on Linkedin. Check out their website at https://coloradollcattorney.com/    LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

ABOUT TAYLOR LOHT Taylor, the host of Passive Wealth Strategies for Busy Professionals, invests in real estate syndications both actively and passively. He highlights and distills the knowledge, experiences, and lessons of expert real estate investors through his podcast, YouTube channel, and email newsletter. He believes that building passive streams of income is the best path to wealth generation. 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.   WHAT YOU WILL HEAR: [01:09] His journey and motivation towards Real Estate [04:54] Values learned from parents [11:32] Inbound and Outbound strategy [14:28] Steps to foster the relationship to investors [17:25] Applying a proven model and strategy from mentors[18:52] Raising capital for Syndicators[21:19] Building your brand and connections with people[25:22] Benefits of having a coach and a mentor[28:21] People in the industry who have inspired him [31:02] Learning from the experiences of other people[34:12] Advice to his-25-year-old self[35:08] First Entrepreneurial Endeavor[37:08] How his Formal and Informal shaped his journey[40:05] The Deal that got away   KEY QUOTES: [22:03] Building a brand comes with time and can accelerate by listening to others who have done it before you, copying their ideas, taking the ones that resonate with you, and applying them to your business. Those partnerships come with time and effort too in building relationships.  [25:04] The most successful people in the syndication space are very good at forging those connections and finding out people's deeper motivations and desires and doing their best to add value to that as much as they can.  [36:12] If you look at it and see how tall it is you need to climb, it's going to be a lot harder to climb. But if you just look at the next step in front of you and take that step, it's a lot easier to just keep on doing that, rather than to stare and peak the whole time.   SUMMARY OF BUSINESS: Passive Wealth Strategy helps passive investors participate in large, passive real estate investments. Taylor invests in value-add multifamily and self-storage properties using syndication. He partners with accredited and sophisticated investors to acquire multifamily real estate in investor-friendly markets, primarily in the Southeast United States.   ABOUT THE WESTSIDE INVESTORS NETWORK        The Westside Investors Network, is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.      The Westside Investors Network strives to bring knowledge and education to the real estate professional that is seeking to gain more freedom in their life. The host's AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas please visit www.uptownpm.com. If you are interested in investing in multifamily syndication please visit www.uptownsyndication.com.      #investments #wholesaleproperties #entrepreneurs #thinkandgrowrich #businessopportunity #earnmore #beyourownboss #realestate #investor #additionalincome #propertymanagement #passiveincome #investmentproperties #realtors #investments #investing #investment #money #invest #business #realestate #financialfreedom #wealth #success #motivation #entrepreneurship #passiveincome #realestateinvesting #investinginyou #futurefunding #propertymanager #syndication #passiveincomestream #hustle #businessowner #entrepreneurlife #financialeducation #mindset #wealthy #residualincome #realestateinvestor #earnmoney #syndicators #financialindependence #investingtips #passiveincomeinvesting #sidehustle    You may contact Taylor Loht via: Email: taylor@passivewealthstrategy.com BiggerPockets: https://www.biggerpockets.com/users/TaylorLoht Social Media: ▪ Instagram: @passive_wealth_strategies/ ▪ Facebook: @PassiveWealthStrategies @taylor.loht  Additional Link: Richmond Multifamily Investors Meetup: Richmond-Multifamily-MeetupWebsite: www.passivewealthstrategy.com     CONNECT WITH USFor more information about investing with AJ and Chris: ·       Uptown Syndication | https://www.uptownsyndication.com/·       LinkedIn | https://www.linkedin.com/company/71673294/admin/ For information on Portland Property Management:·       Uptown Properties | http://www.uptownpm.com·       Youtube | @UptownProperties Westside Investors Network·       Website | https://www.westsideinvestorsnetwork.com/·       Twitter | https://twitter.com/WIN_pdx·       Instagram | @westsideinvestorsnetwork·       LinkedIn | https://www.linkedin.com/groups/13949165/·       Facebook | @WestsideInvestorsNetwork·       Youtube | @WestsideInvestorsNetwork