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Keith discusses the recent executive order by the White House, which could bring Americans closer to retirement plan access for real estate, private equity, and crypto. He also interviews two listeners: Luke Frizell, a Navy officer who leverages principles from the show to invest in residential assisted living (RAL) properties, and Dr. Axel Meierhoefer, who uses turnkey properties and agricultural investments to build a diversified portfolio. Both guests share their strategies and insights into real estate investing. Resources: Explore the exclusive Texas income property deals available to Get Rich Education listeners, with up to $41,000 in incentives, book a strategy session here. Show Notes: GetRichEducation.com/567 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith, welcome to GRE. I'm your host. Keith Weinhold, it's an episode focused on you as we feature two GRE listener guests today. See how they've leveraged listening to this show into real world, real estate investing action then a property opportunity to announce to you on get rich education. Keith Weinhold 0:27 Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads in 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com Speaker 1 1:12 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:22 Welcome to GRE from Mannheim, Germany, to Mannheim, Pennsylvania and across 188 nations worldwide. You're listening to get rich Education. I'm your host. Keith Weinhold, you probably grew up playing the board game Monopoly. Well, imagine playing Monopoly and never buying an asset that generates income. What if you just went around the board collecting $200 giving your money to the rich and trying to stay out of jail. Does that sound ridiculous? Well, that's how most people live their lives. We don't do that here at GRE we add real assets that pay us while we own them, and more and more people can potentially soon get exposure to these asset types. The White House recently reported that Trump made an executive order that is bringing Americans closer to getting retirement plan access to real estate, private equity and crypto. I mean, think about what that could do to overall real estate demand, pushing up prices. It could make the industry boom. Sort of how the advent of 401, KS helped the stock market boom. Also, another development is that in order to qualify for mortgage loans, crypto could soon be used as an asset in your mortgage qualification. That's per the FHFA, and that's what they're moving toward. Now there's been a lot of novel information and developments and stories like that this year, as we're in a presidential administration that shakes up all kinds of status quo policies, from foreign wars to tariffs to us real estate. Journalistically, it's important to be accurate and avoid misinformation and false news as the AI era is near its nascency. Still, you have got to be increasingly cautious about where you get your information. I got a stark reminder of this recently, now former presidential candidate and HHS Secretary, Robert F Kennedy Jr and I recently did a stair climber workout together at a gym. You probably know that RFK Jr leads the MaHA movement make America healthy again, which I support, and much like me, he's an avid fitness enthusiast, and that's the kind of stuff that we talk about. Well, there are now some photos of RFK, JR And I out there exercising together, something that's okay with me. I'm even proud of that. I shared one of those on my social media myself. He and I don't talk politics or vaccines or even diet or just exercise enthusiasts. That's what we talk about. That's our common ground. Well, a Facebook post of RFK JR and I exercising together, and here's where the terribly irresponsible misinformation comes in. Meta AI has a one touch link from there to what they call Weinhold and RFK Jr collaborations. Here's how it reads. I'll read it all word for word, and so much of it is false. Keith Weinhold and Robert F Kennedy Jr have a close friendship that has garnered significant attention. Keith Weinhold, a businessman and podcaster, has been a vocal supporter of Kennedy's work and advocacy their friendship has been built around shared interests and values, including their passion for environmental issues and their skepticism of mainstream narratives. Weinhold has often featured Kennedy as a guest on his podcast, where they discuss issues ranging from vaccine safety to corporate accountability. Together, they have collaborated on various projects, including the promotion of Kennedy's book the real Anthony Fauci. Their friendship has been subject to scrutiny, with some critics accusing them of spreading misinformation. That's the end of the meta AI page. What in the world? How do they come up with this stuff? The only shared interest we've collaborated on is fitness at the gym. And you as listener know that he's never been a guest on this show. Now, if his expertise were real estate investing or economics, well, then I might invite him on. How does meta AI come up with this stuff about vaccines and Fauci I mean, that is so far away from my area of focus. I haven't weighed in on any of that stuff. My gosh, this meta AI page, it is published work for all to see, and it is about 90% false. So my point is, there's a lot of information out there about everything from real estate investing to endangered sharks to cooking tomato soup. Be careful. Pay attention to information that has cited reliable sources. And AI in its current fledgling stage, it really muddies the picture. One thing that might help is that open AI's chatgpt Five, which recently debuted, it is better. It's an improvement. For example, if it does not know the answer to a question that you have, it will tell you that it does not know the answer, instead of making up something fake just to give some sort of answer like previous versions. Did we need more of that coming up here on the show. In future weeks, we have vital monolog material from me, as always prominent guests, new guests and repeat guests. Last week, I answered your listener questions here on air, you can always write in with your questions or comments at get rich education.com/contact this week, it's interviewees like you, as I talk to the first of two listener guests. Keith Weinhold 8:17 He has been an avid GRE listener for a few years, and says that he shifted from bigger pockets and other content over almost exclusively to get rich education for real estate and market content. He uses the principles taught through GRE to focus on his niche, which is residential assisted living, R, A, l, investments at the single family home level, he owns two single family units that also have ADUs and a handful of Ral units, which has helped him reach his goal of replacing his military income with property cash flow. He is a husband, father of three boys and active duty Navy officer currently stationed in Virginia Beach, Virginia, a buy and hold investor. He began investing in real estate in 2017and now owns a portfolio that includes rental properties in San Diego, five Ral homes in Phoenix and GP stakes in two Ral syndications. He is also the founder of open range capital in the Ral room, there are two platforms dedicated to scaling the Ral model. Again, that's residential assisted living, scaling those across the US. And when he's not serving or investing, you can find him on the lacrosse field, playing, basketball, training, Jiu Jitsu or chasing down any kind of competition. Hey, welcome to GRE. Luke frazell, Luke Frizzell 9:37 Keith, thank you for the introduction. Appreciate that very kind. And once I started investing in 2017 I got started with the bigger pockets train, and pretty avidly listened to their podcast and taking some action on my own, I actually found your podcast and your website, and it was so much more efficient in the information that I needed to hear. I. Know, and the the time that I could spend actually paying attention to real estate news and the important things that I need to be paying attention to as an investor, that I exclusively and paying attention through your email list and through your podcast, it's always great information. So I appreciate being on and thanks for having me. Keith, Keith Weinhold 10:18 thanks. I try to keep things nutrient dense around here, Frizzell is spelled F, R, I, z, E, L, L, and look, I know your investing philosophy is strongly influenced by one of GRE most seminal and central mantras, and something that the world first learned right here on this show back in 2015 real estate pays five ways. Tell us about that. Luke Frizzell 10:42 That is one of the best just mantras for whenever I'm talking to people about getting into real estate, yes. And I literally say, what the five ways that real estate pays, because that's how I heard about it was through you. And I was like, That is such a perfect illustration of why this beats, let's say, the stock market, or why this beats a lot of other investment vehicles, because you're not just getting the cash flow, which is a huge reason why people get involved in it, and that's actually the first thing that I'm scrubbing for whenever I'm looking for an investment. But of course, you're hoping for the appreciation, which I really just count as the cherry on top. And if I'm looking at a market from the macro lens, I'm making sure that the the city is growing, the jobs are coming in, there's a decent population, and at a macro level, that's the first thing you need to do before you dig into a city to make sure it's good to go. When appreciation happens, it's probably because those things are all in the right spot. And you're you're picking the right neighborhood, but just, you know, leverage, and being able to buy with 20% of the full amount down, that's a huge piece. And just the hedge against inflation that you get through a loan all the ways, I'm probably missing one, but that's one of the first things that I say when somebody's on the fence on whether they get into real estate investing is, Hey, these are the five ways I learned it from Keith's website, and I'll point them to you guys. That's how I found residential assisted living was really Yes, I had been an investor in San Diego and had great success there with, you know, the buy, rehab, rent, refinance, repeat, the burn method, and putting those five ways into practice. But what I really wanted, as I was looking towards getting out of the military in a few years was more the cash flow piece. So that's what drew me to Phoenix. I actually heard a podcast where somebody was talking about this strategy where you buy a home and you lease it out to a senior care operator and they are paying two to three times the lease amount that you would pay or get from a single family rental, and yet you're also getting all the benefits of real estate. So it seemed pretty hands off, which checked the box for me on that since I was working an active duty job, and then it was also very high, high cash flow. So that's what got me into residential assisted living, and has kept me into it, and I've brought a couple partners into what we're doing, and really bringing my partners in is brought us so much further than I would have ever gone myself. The core tenets of five ways real estate pays has definitely influenced my thoughts as an investor and everything that I've done Keith Weinhold 13:16 yeah, I can't believe more people don't talk about the compelling why for real estate investing? And I think real estate pays five ways. Is the most efficient and comprehensive way of doing that for sure, when it comes to Property selection and adding to your portfolio, like you touched on, I know that you like to say that you don't chase doors, you chase quality, and you have sort of this peace of mind with intentional investing over scale. Can you tell us about that? Luke Frizzell 13:43 That's a great question. It was really a forcing function that formed my investor mindset was it has to be quality, because I don't have the time as somebody who's doing a full time job that's very time intensive, and sometimes I'm leaving for months on end before I come back and in my spouse works in something completely separately, so she doesn't have time to manage properties and things like that. It was forced upon me to be very efficient with what I invested in, and my wife was not. She, just like me, didn't grow up learning about real estate investing, so they had to really hit bang for buck whenever we made that first investment in order to buy her or get her buy in on it. And when that first rental check came in, I was able to take her out to a sushi dinner and say it was paid for by our our tenants. And that was kind of the first buy in piece Got it, got us in there. But, yeah, I really Chase quality. And we were very fortunate, and got a little bit lucky with the timing of our properties in California with covid and the interest rates we bought to early on in 2017 and then in 2020 before interest rates started going up, before prices got crazy out there. And those have done really well for. For us. But as interest rates continued to rise and as prices on homes continued to rise, I had to keep the efficient piece in the back of my mind. That's when I heard about the senior care investing number one. I was like, hey, yeah, the demographics, it makes sense. There's so many, that demographic of seniors, the boomer generation, reaching, you know, 80 years old, and coming to that time of life where they need care that is not going down. The medical system as flawed as it can be in our country. You know, people are living longer, and we need to house them, and people don't want to stay in a big box facility anymore that feels like a hotel and not personal, and you have a one caregiver to 30 resident ratio. People want more personalized care, like you would get at a private school. At a public school, you get what you get, and you don't throw a fit, which kind of the analogy I make for a facility versus residential assisted living. So what we invest in is the residential level, where you actually buy just a regular house and it may have four or five bedrooms in it, and let's say three bathrooms, and if it's a single story home that has, let's say 3000 square feet, that is a prime home to actually build out into a senior care home. And every state needs these. Every state has different laws and rules and regulations as to what some are going to require, different size door frames, different width requirements in the halls, ramp requirements, of course, for wheelchair access and such. At the end of the day, every state needs more housing for seniors, and it's really going to be an education piece on getting people up to speed. We have five homes in Phoenix doing this, this model. There's a lot of network already available there. Like people love to retire in warm weather. Phoenix is just a hotbed for these residential assisted living homes. So that's where we got started. But when you move into, you know, let's say rural Nebraska, it's not going to be as as prevalent. So you really got to do a lot more networking and education to zoom back to your question about quality over quantity. If you think about scaling to $10,000 per month in passive income, quote, unquote, passive, the way I look at it, if I can have one residential assisted living home that nets $10,000 per month when I talk about the one residential assisted living home that could make net $10,000 per month that would be running the operations yourself, where you have let's say the average resident across America is going to pay 4000 to $6,000 per month to stay in a home like what I'm talking about if One home, let's go with the low end of $4,000 per month has a capacity of 10 residents in the house, then you can have 10 residents at $4,000 per month. So that's $40,000 gross. And then if you the average, if you're running an efficient home, just having straight up staffing costs, that maybe cost you $15,000 per month, and then you have your mortgage and your debt, that takes you another $10,000 per month, and let's say another five for excess costs and food and things, that's $30,000 of expenses. So 40,000 minus 30,000 is $10,000 per month. That's an efficiently run home. But that is not the height of what someone could do with this strategy. We have partners that do $40,000 net per month in this strategy, and that's generally in the dementia care, memory care space. What we did when we started was something called the lease to operator model, and that's a little bit more hands off, actually, I would say a lot more hands off than the actual operations of the home, like what I just said, because if you're doing the staffing and you have the business liability, that's all pretty involved, and there's a lot of education and a lot of networking that you need to do to get to that point. When I got started in this, I did the least operator model, because I was time constrained and I didn't want to actually get involved with the hands on care number one, because I was in Virginia Beach, and the homes that we were buying were in Phoenix, so there was no possible way for me to do that when we bought our first home at 10 capacity, so there's 10 residents that can fit in the home. I found an operator and vetted them and moved them into the house, and they're paying me a lease for five years, so it's somewhat of a commercial lease, but it's a residential home, and I actually got residential insurance on the house. The business owner that is leasing from me has the business liability insurance, and now they're paying me two and a half times what would have been the regular lease amount that I could have gotten for that home. So in that area, they're paying me $8,000 per month on a five year lease, and that goes up 3% per year. However, if I was renting that out like a normal house, I'm. Be getting 2020 $500 per month, every month, on a long term lease. Keith Weinhold 20:05 That's this way the manager operates it, rather than you, right? So I Luke Frizzell 20:09 actually empower the manager, or this operator, is what we call them. That's why it's leased to operator. I empower this manager to actually run it themselves. I don't tell them you can't paint the inside of the house. I don't tell them you can't redo the floors when you want. If they want to do that, that's on them, but they owe me that lease amount every month, and I empower them to run the home however they want. What I'm making sure happens is I'm paying for the insurance on the house, and I'm making sure the roof is stable and the walls are not going to collapse. Everything else, from utilities to whatever is on them, and they are a full fledged business owner in there, and hopefully they stay once the five years is up. Keith Weinhold 20:48 That's a really interesting way to do it, by the way. Just dropping back to your earlier comment, I like how you say your wife doesn't have time to do the property management. I think we both know that we are protecting her standard of living and quality of life when she is not the property manager. Yes, I think it's common knowledge in America that the senior population is growing faster than the overall population. In fact, about four past GRE episodes featured the late great gene Guarino here on the show, a big educator in the residential assisted living space. We've got this aging population, the silver tsunami, the demographics about it are surely undeniable. I think a holdup for some people is that you're merging real estate investing with an active business. However, you've just described something where you're sort of withdrawing from that active business part, getting a leaseholder to pay you two and a half times the market rent, if you just had it as a buy and hold property and having them operated, is that right? Speaker 2 20:48 Yeah, and I that's obviously a rough I say two to three times. I like to call it Airbnb numbers in a good market, without the stolen paper towels. Keith Weinhold 20:48 You know what I mean? Like that, the stolen paper towels, the vacancy, the managing a listing, the clean. So Speaker 2 20:48 you're doing all the you're getting the reaping the rewards of, let's say, an Airbnb without any headache. Because once you've set that operator in there, and you've empowered them to do it, and you have a rock solid lease, you're wiping your hands clean, I have to reach out to my operators to get an update from them to make sure that everything's going well, because they're not reaching out to me they're running their home. And hopefully, if I've empowered them the right way, and I am allowing them to be successful, and they reach out to me and say, Hey, Luke, I want to actually expand operations. So if you buy another house in this area, let me know, so that I can expand my operations there as well. Luke Frizzell 21:23 Yeah. Well, do you have any last things to tell us about the residential assisted living for example, I know you have four strategies. For one, to get invested in it. Luke Frizzell 22:44 That's a good question. And and just to hit on your last point, you're I actually like that. You can mix the real estate with the business, if you have time for that. And many people can do that, especially if you come from a healthcare background, or you're a nurse, that you're just looking to do something out on your own and not just spending your hours working at the hospital. And maybe you're a caregiver that's not paid well enough, and you're overworked, but you know that you could go and do something like that, or you're a doctor, a lot of people can go out and do this themselves, but if you're like me, and you're just a working professional that doesn't have time to get into that, but you do have people skills, and can figure out, like, Hey, I've interviewed about five different operators for this, and I can tell that this one meets all the marks, and they're going to get in there, and I can trust them, and they have a good, extensive experience in this space, and they're going to pay me a reasonable lease. That makes sense for why I'm putting the risk into this. Yeah, I'm going to pick them and get them in there. That's a really good option for people. So that's one of the strategies, is lease to operator. Another strategy is the one we already talked about, which is own and operate. So you're getting the power of real estate. You're leasing from yourself as so it's one entity, one business entity owns the property, one business entity owns the care business, and you're leasing from yourself, and there's some major tax benefits to doing it that way. That's obviously the most time intensive, and you're probably going that route if you want to make this your life's path. The other option is actually, if you don't have the money right now to buy a house, but you have the drive and you have the experience to get into the actual operations, you could just lease from somebody like me and who owns the house and doesn't want to get involved in the operations just yet, and now you can just set up a lease with them. Phoenix is a really good hub. Houston is a really good hub, but cities across America are going to start finding out about this and needing to get this into their advertise, basically because the senior housing issue that we talked about. And then finally, you can passively invest in these through open range capital, we are investing in these, and we're actually developing some memory care homes in Northern Virginia right now. So if you go to open range capital, you'll be able to find opportunities to invest in these as a passive investor. Or there's folks in the rail room who are building. Memory Care Homes in Houston area, and they're offering over 20% returns to people who just want to, hey, you have money, but you don't have time, and you don't have the interest to actually do some of this yourself. But you understand the power of residential assisted living, and the way that this medical problem and the senior care housing issue is growing in our country. Well, you can put your money there instead of doing it yourself. Keith Weinhold 25:25 These are four distinct strategies for investing in residential assisted living, from the very much hands on to the passive hands off. Oh, this has really been helpful. Why don't you go ahead and let our audience know how they can learn more about the Raoul room and your website. Luke Frizzell 25:42 Thanks for that. So we saw that there was a huge knowledge gap between real estate investors and business owners. And just anybody who's an entrepreneur thinking about how to get into this. You see the Cody Sanchez's of the world talking about business ownership and all those things you hear about the problem with our senior housing. And if you put those two things together, there's a huge gap in the marketplace. We wanted to educate people on this, because when we got started, there was a lot of unknowns, and it's really hard to sift through all the confusion about, you know how to get licensed. How do I know how many people I can fit into my home and actually care for? How do I find operators? How can I learn from other people who are actually doing this across the country and figure out which market to get into? So we wanted to combine all of that and have a network of people who know how to find these homes, know how to get you started in doing these and of course, we've been learning along the way as well, and that that was part of our goal as well when we started the Ral room. But we have a community of over 115 people. At this point, you can go to the ralroom.com r a l room.com and find out more. It's a great opportunity to learn about what it is. We have freebies in there about how to get started, from one to 10 step guide, and we even have a free podcast called The Ral room podcast. So tune into that. If you haven't done it yet. Keith Weinhold 27:04 This has been informative, terrific stuff from Luke Frizzell. The audience will benefit from your point of view. Thanks for your time and intention today. Luke Frizzell 27:14 Yeah, absolutely, Keith. Appreciate you. Keith Weinhold 27:17 This was our first of two GRE listener guest profiles. We've got the second one when we come back. I'm Keith Weinhold. You're listening to get rich education. Keith Weinhold 27:26 The same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Chaley Ridge personally. While it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com. Keith Weinhold 27:58 You know what's crazy your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family 266, 866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866, Richard Duncan 29:08 this is Richard Duncan, publisher on macro. Watch, listen to get rich education with Keith Weinhold, and don't quit your Daydream. You Keith Weinhold 29:26 this week's GRE listener guest profile is with an Air Force vet turned real estate investor, and today he even runs the ideal investor show. He's from Germany and lives in San Diego today, using strategies like turnkey real estate, 1031, exchanges and more. He now owns multiple properties in different countries and states. These include the states of Ohio, Idaho, Illinois and Florida, and the nations of Belize, Panama, Spain and more. He's been a GRE listener since episode. 100 which was in 2016 and this helped him connect with income property providers and get started and really growing his wealth through compound leverage, not just compound interest. He ultimately ended up with eight properties in what he calls well performing locations. Hey, it's great to have you here. Welcome to GRE Dr Axel meyerhoffer, hey, Keith, thank you for having me. Meyerhoffer is spelled m, e, i, e r, H, O, E, F, E R. I know that coming on to GRE is something that you've wanted to do for a while, but let's pull back first, what is your doctorate in? And then how do you use that degree or distinction today? Dr Axel Meierhoefer 30:40 Well, my doctorate is in organizational change and leadership, and the dissertation that I wrote as the study at the end of the degree program was about business coaching and whether it's better for a company to have internal coaches versus external coaches. And when you're diving really deep, my like, I don't know if you're aware, but PhD stands, at least in my book for pilot high and deep, high and deep, right? And so, you know, I really dug into this, and what I learned about coaching is still helping me, even though idea wealth grow is a little bit more mentoring program than a coaching program, but still, the practice of engaging people and getting out of them what they really want to accomplish is valid every day Keith Weinhold 31:28 when we wonder about what's piled high and deep, I'm sure that thing is knowledge couldn't possibly be anything else. Dr meyerhoffer, tell us what you learned from listening here that piqued your interest? Dr Axel Meierhoefer 31:43 Well, the one thing is, I had found the book turnkey revolution, by Chris closure, who, for those who don't know he, is the one of the family members of the founders of Memphis invest that is now known as Rei Nation. I'm sure you're very familiar with it, Keith and I've heard of them. Yeah, I read the book, and it was very helpful, but it wasn't very clear, other than his family's company, how do you apply this as a regular investor, which I was at the time. And then I listened to your episodes over and over, talking about how you can use turnkey investing to invest out of state, being far away. And I remember, if I'm not mistaken, that you were in Alaska and investing somewhere in lower 48 and so that kind of got me triggered to look into that. Keith Weinhold 32:30 You figure, if you're in San Diego, you can invest in Alabama, if a person from Honolulu or anchorage can do that same thing. All right, so you've built up, it sounds like, is it eight turnkey properties? It's Dr Axel Meierhoefer 32:45 eight turnkey properties. And then I have a few other things, like, I also listen to episodes that you had about agricultural investing. So, yeah, like in Panama, the first investment was in a coffee farm. And then a little later, I also discovered some you would call them, like little cabin, kind of like vacation cabin investments and stuff. So yeah, I've actually learned a lot and benefited, and I always appreciated that, you know, you're not just saying, Hey, here's something you can do, but you oftentimes have a connection or relationship with an organization. And so several times my investments were at least informed, let's say, by GRE, Keith Weinhold 33:26 yes. And oftentimes I'm investing right next to you, the investor myself, with some of the same GRE marketplace providers. You have eight properties. Are they all cash flowing? Are they all producing positive cash flow? Dr Axel Meierhoefer 33:41 Yeah. I mean, that's actually one of the things that I wanted from the get go, and that's also part of our idea rights grow a mentoring program to look at properties now. Right now, with the higher interest rates, it's admittedly a little harder to find locations and properties that have a good balance between the quality of the property, the area that the property is in and then also being cash flowing. We have fundamentally for renovated properties. We're still looking for 1% rule. It's harder to find, but you know, as a starting point to say, Should I even consider as long as it's close to that most of the time, the numbers work out, even at seven or eight percentages, you still make at least a little bit of money Keith Weinhold 34:20 overall. Yes, the real estate deals just aren't as good as they were, say, five years ago, because both rents and prices are up, but rents haven't risen as much as prices have. I still don't know where you're going to find a better risk adjusted return in any investment, though, than with income property bought with a loan. Dr Axel Meierhoefer 34:42 Yeah, I'm with you on that. And I mean, I remember vividly, not in only in books and other research, that people have this apples to oranges comparison thing going on all the time, right? I always say, Okay, well, tell me if you can buy stocks where somebody gives you 80% of the money, and I already need to put 20 right? What tell me if you can buy stocks and somebody says, Oh, the stock is gonna depreciate in the next 27 and a half years. So, you know, you write some of it off your tax return, and those kind of things. Tell me where somebody gives you money but allows you to keep 100% of the increase in value all these things. I mean, you have beautiful graphics and stuff that you made over time, but when you really try to do apples to apples comparison, there's nothing there. And one thing maybe for the audience, that I think is an important thing to know is, and I know Keith, you have said this so many times, real estate, especially residential real estate and investing, is really the long term game. And that also means to realize, okay, even in times like right now, you might only start with, like, 50 or $100 positive cash flow. But when you look at the longer term, I always say, and I say this to our clients, the first five and maybe right now, it's more like seven years. It's kind of like the hard time of this investment where you just barely break even, where you might be a little disgruntled when you get a maintenance bill and you haven't really built a big reserve yet, because you're still with your first few properties, but when you look at the trajectory, and I can see it now, you know, I've six years in all properties are cash flow positive, the rate that we're getting, even if we only increase rents by 2030, $35 a month, year over year. Like you said, right? You want to train your tenants. When I look at the overall picture, it's basically getting better every year. If you have that in mind, to say, I make an investment. I call, by the way, the point what we want to get to. I call that the time freedom point where your portfolio generates enough cash flow so yet you have a choice to say, Do I go work or do I live off the income? And that is why you still have mortgages, right? So if the listeners ever think, Okay, well, what happens when one after the next, the mortgages get paid off, it's like paradise at that point, right? If you really think of it from a purely cash flow perspective, Keith Weinhold 36:56 starting is the hardest, because it's clunky to buy your first property, and then it also takes a few years until you really feel the effect of all these wealth multipliers at the same time. You're sort of touching on the third in the inflation Triple Crown, cash flow enhancement, if you only increase the rent three or 4% per year. Yeah. So what it feels like you're only keeping up with inflation, but the fact that your principal and interest payment stays fixed means a three to 4% rent increase might be a 10% cash flow increase. As that compounds year after year, you really begin to feel those effects. But yes, it does take the addition of time, but not decades. Dr Axel Meierhoefer 37:38 I'm with you. It's just for me, important that anybody who is considering should I get into this right, especially in an environment where people constantly pointing to the fact that the stock market keeps going up, gold is going up, silver is going up, Bitcoin is going up, right? And to me, these are the apples, and they are nice apples, don't get me wrong, right? They're beautiful apples, but we're dealing in oranges, right? And we have these five different things that you keep counting on, and have all kinds of beautiful descriptions about that we get as real estate investors. And it's a choice, right? People can make a choice, and I'm all for diversification, but if you make the choice, then you really have the beginning of building a legacy. And for many people, I find more and more that becomes important to say it's not just for me, like if you were to ask me, it's not just for me, it's also knowing that my daughter will have a much better portfolio than I ever had when I was young. Yeah, our now, like almost two year old grandson, he is going to be safe pretty much forever Keith Weinhold 38:37 getting started and even after starting for some people, there are certain mindsets that they need to overcome. One of them is getting out of state property. So do you have any thoughts or approaches with adding out of state properties, which is still a foreign proposition to some people? Dr Axel Meierhoefer 38:56 Well, one thing that I do and emphasize very strongly in our mentoring program is besides the investing and helping people to get the connections to like the turnkey providers and the lenders and the property managers, inspectors and stuff, the other part, and I'm sometimes almost feel, is more important than the investing itself. Obviously, it's kind of a requirement, but the other part is to really as the mentor, help people to develop the mindset of the king or queen of their own empire, or basically the owner of the investing business. And when you think about it that way, I often times portray it in the way look at all the components, all the services that you need for the out of state investor, right? You need the turnkey provider, property management, bank or lender. You need inspectors and stuff. I try to convey to people, we are building an LLC, and that LLC is hiring these people as if they were employees. And if you look at it that way, and you start adopting that mindset. And. You look at their performance like any employer would look at the performance of their employees. If the performance is great, they get praise and the raise. If the performance sucks, you let him go and get another one when you're not going to hang out with the same property management out of state, constantly complaining, not doing their job, not treating the tenants well, not treating your property well. Why would you keep somebody like that? So it's this aspect of building a mindset of, yes, you might have a job, a regular w2 job, but for the purposes of building your real estate portfolio, you are the business owner, and you're hiring all these services. And when that clicks and you start treating the people that you're working with in that way, with respect, but with every expectation that you pay them for their services so they're supposed to perform. That changes, in my opinion and my experience. That changes everything Keith Weinhold 40:54 comes down to the fact that the team is more important than the property, and a lot of people perhaps overemphasize the geographic location of that property. Location surely matters, but it's just not nearly the most important thing I know. One approach that you take is you have this mantra that underdog properties often outperform hot properties. However, can you speak to that some more Speaker 3 41:21 Well, I think it has to do with it, with this kind of analogy of Steady as she goes right underdog property, I'm more inclined to look in a nice neighborhood and establish nice neighborhood. I always say, Let's try, with the help of a turnkey provider, to find the ugly duckling in a nice neighborhood and get that renovated and that neighborhood, I'm not a big fan of this term blue color versus white color or anything like that, but if you bring the ugly duckling back to be the white swan of that neighborhood, you have, I believe, a very good probability that that will be a very long time longevity, well respected, well rented, well performing property, rather than, you know, running after the shiny object the most you know, like, I don't want to really open wounds, but I know that a lot of people ran to Austin, Texas, because everybody said, that's the market you gotta be in, Right prices, outrageous rents, looked good for a little while, then the property taxes got adjusted, the market collapsed, and now everybody is whining. I rather have my nice property in Dayton or in Cincinnati, and it's doing steady, as she goes, every month, every year, right? So that's what I meant by that Keith Weinhold 42:30 a friend and prolific apartment investor, Ken McElroy, who's been a frequent guest on this show, Ken says, look for distressed properties, not distressed markets. There's a lot in that. Dr Axel Meierhoefer 42:53 Yeah, I'm very much with Ken on that. And it's not just for apartment complexes. I think it fits just as well for single family or duplex triplex fourplex properties? Yeah, we Keith Weinhold 43:03 want to avoid those distressed markets. It takes a long time for them to turn around, and every property in that market floats up or down with it. Well. Dr meyerhoffer, as we think about the future, you've been around this space for a while now, like you mentioned, you're even helping mentor some others. Where do you think the residential real estate market is headed the next few years? From your perspective, Dr Axel Meierhoefer 43:27 I really have the feeling it's kind of a little bit like a coil spring that is basically being wound tighter and tighter and tighter. Because people may not agree with me. I think everybody is entitled to their own opinion, but I'm a little bit refusing to believe that the dream and the interest of owning your own property for yourself and your family supposedly has gone away. What I believe is that the circumstances both from a Can I qualify for a loan? Can I afford the price? Can my wages actually work for what I want to accomplish that balance is out of whack a lot right now, but I can totally see when we're looking in the future, that we will see interest rates coming down, properties still being in high demand. And for us as investors, I don't know if you had it on your show before, but I oftentimes being asked, you know, is it still the right time to invest. And my answer is always, like most people in residential real estate, the best time was 20 years ago. The second best time is today. Yeah. And if you adopt this idea of, like, this cold spring getting ready, I mean, just ask yourself people, the last time they really did anything meaningful was basically in 2022 let's just assume it takes another year until interest rates come down, and another six to nine months for the market to really start adjusting. So that takes us to the middle of 2027 that would mean for five years, hundreds of 1000s, if not billions, of people wanted to do something, wanted to move, wanted to get a house, wanted to get a bigger place. They've. Finally can that's kind of the window that I'm looking at with. Not to say there will never be another opportunity. But why would you wait until the market goes crazy when you have it really nice, really calm right now, almost no competition for an owner occupants. It's really an investor market right now. We can pick and we can be diligent, and we can negotiate with the builders and all this nice stuff, no time pressure. They even tell you, I know Keith. They tell you, too, when you have a client, make first sure that the client is qualified before we even talking about price. I remember times when I bought where I was told you have 72 hours to decide if you want it or not and get it under contract because of 100 people out the door who want it, it's the calm before the storm. If you ask me, I can tell exactly when that storm is really gonna hit, but nobody can convince me that if five years the market is basically frozen, that when you release it and open the door, that it's not going to be pretty crazy. Yeah, no, in my opinion, Keith Weinhold 46:01 that's a good analogy. We're in this period where we have a compressed spring lower interest rates could open up that spring to bounce up, because we have, really, it's all this pent up demand, a pent up demand spring, and we know as mortgage rates fall, millions more people qualify increasing demand for a fixed supply of housing. Well, this has been helpful for the audience. In closing, Dr meyerhoffer, do you have any last thoughts, anything else that you want to share with the GRE audience at all? Dr Axel Meierhoefer 46:35 Well, the one thing I would say is, you know, you want to work with somebody real estate investing, when you have somebody who has built the experience, like you have Keith with you, the programs and all the partners you're working with, similar to me, over the last 10 years, I think it's a great opportunity to do it now, where you can and have the time to learn and work together and take advantage of this relatively Calm market, because it's probably not going to stay that way. And on the other hand, I also feel that too many people are going like you said, in a slightly different context, after the current shiny object. And I would hate for people that made good money in the last year or two in the stock market to lose it all, because what goes up comes down, especially in these kind of assets, why not take some profits and put it where you really have the long term perspective, like you and I have always suggested for people, Keith Weinhold 47:29 and is there a good resource where someone can connect with you? Because we've learned that you've taken such an interest in this and you've begun mentoring people. Is it ideal wealth grower? Dr Axel Meierhoefer 47:38 Yeah. Idealwealthgrower.com we have a button for a complimentary conversation to just book a call. I would assume you agree. You know, when you work with people for longer term and for the personal things like money and investing, you kind of have to have a good relationship. You have to kind of in agreement where you want to go and whether you like each other and have a good energy with each other. So I always feel, let's talk, let's get to know each other. And if we decide we want to work together, then we do that. And if somebody says, You know what I really want to do, apartments. I know people. You know people, we can direct them to. Some people want to do storage units or whatever. So these conversations are really to say, let's get to know each other and see if the goals you have match with what I can help you with. And if that's a yes, then we are off to the races. Keith Weinhold 48:24 Sort of reassuring in this algorithmic world that we live in, in this highly digital world that people you know really still matter, it's still about your connections with people. Dr Meyer Hopper, it's been great getting your perspective. Thanks so much for coming onto the show. Dr Axel Meierhoefer 48:42 Thank you, Keith, for having me. Keith Weinhold 48:49 Yeah, with the first GRE listener guest, Luke, it's just exemplary of how when you own the property now you make the rules, and in this case, you can increase your income multiples by converting your rental property into residential assisted living with the second listener guest, Dr meyerhoffer, I like his analogy of the coiled spring ready to open up as pent up housing demand should get released With lower interest rates. Both guests have a Military Connection, which is merely a coincidence. But today's listener guests were chosen because, unlike others that we've had here, they've each started their own real estate mentoring platforms influenced by listening to this show. Keith Weinhold 49:35 Now in the preview to today's episode, I let you know that I have an opportunity to tell you about it's been pretty well documented that both Florida and Texas have temporarily overbuilt pockets, and this is where home builders, sometimes desperate, are willing to give you a deep deal. I've discussed Florida and their specific opportunities. What? About Texas? Listen to these deep deals, because Texas, it is one of the most in demand states for real estate investing, but cash flow is often hard to find due to property taxes and rising prices. That's why I'm excited to announce that here at GRE us with our coaches, we found a tiny stash of new construction, yet tenant occupied properties in San Antonio, the Houston suburbs and Dallas suburbs, and they are available exclusively to GRE listeners, four bed homes under 340k here's what's remarkable. There's up to $41,000 to you in incentives. That is 12% back at closing, interest only loan options as low as four and three quarter percent. Yes, they're already leased to long term tenants. This is a 19% cash on cash return potential put these properties into service and get bonus depreciation, like I discussed last week, up to $94,000 these incentives are just massive, and you can qualify with DSCR loans, no tax returns required, no w2 required. I mean, this whole thing is a bigger deal than a Bucky brisket sandwich, something else you'll find in Texas. These are all built either this year or last year. For example, like this beautiful three bed, two bath, single family rental in Conroe, Texas that I'm looking at right now. The sale price is just $279,900 and then you get all those incentives. The rent is almost $2,000 it's 1950 and it's over 1500 square feet on this really good looking property with garage. That's just an example of one of the income properties I'm talking about here. They are off market and they won't be available long. Don't miss out on this best performing Texas inventory we've seen many are already cash flowing, $500 plus a month. Chat with a GRE investment coach, and they'll show you the best picks before this inventory evaporates. Book time with them. It's free. You can do that at GRE investment coach.com. Until next week. I'm your host, Keith Weinhold, don't quit your Daydream. Speaker 4 52:47 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively. Keith Weinhold 53:10 You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point, because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream. Letter, it wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre 266, 866, while it's on your mind, take a moment to do it right now. Text gre 266, 866, Keith Weinhold 54:26 The preceding program was brought to you by your home for wealth. Building, get richeducation.com
How to Break Free from Founder-Led Operations: Ral West's Six Principles for Entrepreneurial FreedomIn this episode of The Thoughtful Entrepreneur, host Josh Elledge interviews Ral West, founder of Ral West: Livin' The Dream, a business coach and serial entrepreneur who helps six- and seven-figure founders step out of the day-to-day grind. Ral shares how she and her husband went from being tied to every task in their business to building systems that gave them true freedom. She breaks down her six principles for entrepreneurial freedom and explains how founders can delegate with confidence, build teams that thrive, and create businesses that support the life they actually want.Ral West's Six Core Principles for Scaling Without BurnoutRal West knows firsthand how easy it is for entrepreneurs to become the bottleneck in their business. Her six principles offer a practical, proven roadmap to shift from overwhelmed operator to empowered owner.The journey starts with building robust systems. Ral emphasizes that without clear, repeatable processes, founders stay stuck handling every detail. She recommends documenting even the smallest tasks and investing in tools like SOPs, automation platforms, and video training. Next, she encourages founders to measure and track data relentlessly—what gets measured gets managed. Setting up dashboards and reviewing KPIs regularly keeps the business on track and reveals areas for improvement.One of the biggest mindset shifts comes through leveraging your time through delegation. Ral explains that true growth comes when founders stop doing everything themselves and start empowering others. She outlines how to delegate with structure, train your team effectively, and release the fear of imperfection. From there, it's critical to intentionally shape your company culture, develop your team, and deliver exceptional customer service. When these principles are in place, the founder becomes the visionary—not the workhorse.About Ral WestRal West is a serial entrepreneur, business coach, and founder of Ral West: Livin' The Dream. With decades of experience building and exiting multiple businesses, she now helps high-earning entrepreneurs reclaim their time, build systems, and scale their companies sustainably.About Livin' The DreamRal West: Livin' The Dream is a coaching and mastermind brand that equips entrepreneurs with tools to scale their businesses without burnout. Through small-group programs, personalized mentorship, and practical business systems, Ral helps founders design businesses that serve their lifestyle—not the other way around.Links Mentioned in this Episode:Ral West on LinkedInRal West: Livin' The DreamEpisode Highlights:The six principles for escaping founder-dependency and reclaiming your timeHow to build systems that let your business run without youWhy delegation is the key to sustainable growth (and how to do it right)Ral's advice on letting go of sales and building a strong teamA roadmap for founders ready to trade burnout for freedomConclusionRal West's story is a powerful reminder that you don't have to be everything in your business to make it succeed. By building systems, empowering your team, and intentionally designing your operations, you can create a business that gives you both profit and freedom. Whether you're buried in sales calls or wearing every hat in your company, this episode gives you a clear path forward—one that leads to entrepreneurial freedom on your own terms.Apply to be a Guest
Target Market Insights: Multifamily Real Estate Marketing Tips
Dr. Alex Schloe is a board-certified family medicine physician, entrepreneur, and real estate investor. After facing burnout while working in the military and hospital systems, Alex turned to real estate to regain freedom and impact. Today, he focuses on residential assisted living and co-hosts The Real Room podcast while helping other physicians build time-leveraged wealth through Open Range Capital.
What if doping wasn't banned… but embraced?In this unfiltered Part 1 interview, Ral sits down with the audacious founder of the Enhanced Games, Aron D'Souza, who's taking a sledgehammer to the Olympic establishment.He says the IOC is broken, outdated, and hypocritical and he's not here to play by their rules. Love it or loathe it, the Enhanced Games are real, rising, and ready to disrupt everything we thought we knew about elite sport and ultimately living longer and better!Listen in and decide for yourself: is this the future of human performance - or pure madness?---------------------------------------------------------Your support helps keep this show going — join us on Patreon https://tinyurl.com/jacandralpatreonJoin us on our Finders Keepers Immersion in October:https://tinyurl.com/finderskeepersoctoberJames Magnussen Interview:https://open.spotify.com/episode/4WL8vhqMB4WA2wU4OQYM1K?si=zU8WVf4KTY-n8bOm6s786wNew Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Edició que repassem resultats de la ronda França de la Fórmula Regional Europea i 8h de Sao Paulo al WEC, analitzem amb Fran Lucas el Ral·li Estònia al WRC i amb Jose Ramón Sola el GP República Txeca de Moto GP, a més les prèvies del EP Londres de Fórmula E i GP Bélgica de Fórmula 1. Motor a punt és el repàs a l’actualitat del món del motor de dos i quatre rodes, amb noticies, resultats, classificacions, anàlisi dels grans premis i circuits, tertúlia amb un extens planter de col·laboradors i molt més. Presentat i dirigit per Iñaki Martinez.
The Science of Flipping | Become a real estate investor | Real Estate Investing like Robert Kiyosaki
Ready to build wealth and make an impact? Learn more: www.RALAcademy.com -- In this episode, I sat down with Isabelle Guarino—aka the Boss Lady of Senior Living—to pull back the curtain on one of the most under-talked-about wealth-building strategies out there: residential assisted living (RAL). If you're like me, deep in the real estate game but never touched senior housing, this episode is going to blow your mind. Isabel breaks down how you can create $10K, $20K, even $40K/month cash flow with one single-family home—without being a caregiver or medical professional. We talk about the myth-busting behind ALFs, how to convert or acquire them, where the real money is, and how to do good while doing well. Whether you want to flip one or build a 50-home empire, Isabel shows you the path, step by step. I'm seriously reevaluating my own portfolio after this one. -- About Isabelle: Isabelle Guarino is the CEO of RAL Academy, the nation's leading training organization helping investors launch and scale Residential Assisted Living (RAL) homes. With thousands of students nationwide, she's revolutionizing how real estate investors build cash flow while providing high-quality care to seniors. Isabel is carrying on her late father's legacy by turning impact-driven real estate into generational wealth. Instagram: @ralacademy TikTok: @ralacademy Facebook: RALAcademy YouTube: Residential Assisted Living Academy Website: www.RALAcademy.com -- Thank you to MotivatedSellers.com for sponsoring today's podcast! Tired of chasing dead leads? MotivatedSellers.com drops exclusive motivated seller leads right in your lap — no cold calling, no wasted time. Just real homeowners ready to sell now. Close more deals. Make more money. Spend zero time hunting. Get quality leads on autopilot at MotivatedSellers.com. Stop chasing. Start cashing. Thank you to Mando for supporting today's podcast! Stay Fresh, Stay Confident with Mando! Tired of body odor? Mando Whole Body Deodorant keeps you fresh for up to 72 hours—pits, feet, and everywhere in between. Grab the Starter Pack and get $5 off (over 40% off!) with code [COLBY] at ShopMando.com. Smell fresher, stay drier, and boost your confidence. Get yours today! -- About Justin: After investing in real estate for over 18 years and almost 3000 deals done, Justin has created a business that generates 7 figures in active income through wholesaling and fix and flipping as well as accumulating millions of dollars of rental properties including 5 apartment buildings, 50+ single family homes, and 1 storage facility Justins longevity in real estate is due to his ability to look around the corners, adapt to changing markets, perfecting Raising private capital, and focusing on lead generation which allows him to not just wholesale and fix & flip, but also accumulate wealth through long term holds. His success in real estate led him to start The Entrepreneur DNA podcast and The Science Of Flipping podcast and education company, and REI LIVE where he's actively doing deals with members. He has coached and mentored thousands of aspiring and active investors over the last decade. Connect with Justin: Instagram: @thejustincolby YouTube: Justin Colby TikTok: @justincolbytsof LinkedIn: Justin Colby
In this episode of Leadership that Sells, I sit down with serial entrepreneur and business mentor Ral West — a woman who's scaled multiple businesses (including one sold to Alaskan Airlines), built powerhouse teams, and somehow made it all look effortless. If you've ever felt like scaling a business means sacrificing your time, energy, or sanity, you need to hear this. Ral breaks down her 6 Essential Secrets to Business Success and shows why systems are the single most important thing sales leaders and entrepreneurs can implement — no matter how small your business or how “busy” you are. We talk high-performing teams, reducing stress, and why sharpening the axe (yes, literally) is the smartest move you'll ever make. Oh, and she's doing it all from Maui. Dream life? Check. How to build scalable success with systems (and still live your dream) Start with systems – If it's not documented, it's not repeatable. Systems create clarity, efficiency and consistency. Get aligned on vision and values – Without a clear direction, your team is just pulling in opposite directions. Cue chaos. Track performance – What gets measured gets managed. Data beats drama. Leverage everything – People, automation, education. Leverage multiplies effort and frees up time. Culture drives results – A strong, values-led culture attracts and retains high-performing people. Delight your customers – Don't just meet expectations — exceed them. Delighted customers stay longer, spend more and bring friends. Timeline summary [02:21] - The foundation of great leadership: vision, values and a win-win culture [05:06] - Why “systems” are the most valuable thing you can build today [06:15] - Ral's 6 Essential Secrets to Business Success (and why they all connect) [09:02] - “I don't have time to build systems” – how to fix that mindset with one story [11:19] - Small tools, big wins: how Ral saves hours a day with simple tech [16:45] - Why she's building a mastermind and how it helps entrepreneurs actually implement [19:44] - The power of collective intelligence and lifelong learning [20:48] - Where to find Ral and start building your dream life Links & resources Free webinar on creating a smoother-running business: https://www.ralwest.com/get-webinar Weekly LinkedIn newsletter with strategies and tools: https://www.linkedin.com/in/ralwest Affiliate program for sharing my course with business owners: https://www.ralwest.com/affiliates YouTube channel with podcast appearances and interviews: https://www.youtube.com/@RalWest-wv3ou More details on my online course: https://www.ralwest.com If this episode helped you think bigger and lead smarter, share it with someone who needs to hear it. And don't forget to follow, rate and review Leadership that Sells — it helps us help more leaders like you.
Have you done a joy audit lately?How much of your week involves you laughing, loving and living a joyful life? Jac declares she's the queen of joy and Ral reveals a new thing she has started doing at home which brings her huge joy…In this episode, we share WHY you should schedule your joy – especially if you want sustainable performance, enhanced creativity and a broader perspective. Leaders who deliberately set their teams and environments up for joy are the leaders that get incremental value and retain great talent.There is so much joy to be had… listening to this episode is a great start
The Action Academy | Millionaire Mentorship for Your Life & Business
Aaron Ameen and Charlie Cameron share how they are developing Everwood Reserve, a Residential Assisted Living project to help retirees live better during their senior years and help investors get a purpose-driven ROI.Website: www.everwoodreserve.comAaron: @aaronameenreicoachWant To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses?
En l'edició de hui repassem amb Fran Lucas el Ral·li Acròpolis al WRC, amb Ferran Segarra analitzem el GP Països Baixos de Moto GP i a la Fórmula 1 amb José Luis López-Pampló l'anàlisi del GP Àustria i la prèvia del GP Gran Bretanya. Motor a punt és el repàs a l’actualitat del món del motor de dos i quatre rodes, amb noticies, resultats, classificacions, anàlisi dels grans premis i circuits, tertúlia amb un extens planter de col·laboradors i molt més. Presentat i dirigit per Iñaki Martinez.
Edició que repassem resultats de la Ronda Emilia Romanya de Superbikes, de la South African Safari Rally al Mundial de Ral·li Raids i del EP Jakarta (Indonèsia) de Fórmula E, a Moto GP analitzem amb Pepe Lorente el GP Itàlia i la prèvia del GP Països Baixos, mentre que a la Fórmula 1 tindrem la prèvia del GP Àustria. Motor a punt és el repàs a l’actualitat del món del motor de dos i quatre rodes, amb noticies, resultats, classificacions, anàlisi dels grans premis i circuits, tertúlia amb un extens planter de col·laboradors i molt més. Presentat i dirigit per Iñaki Martinez.
Do you stay “small” because of fear? Hold yourself back from doing ‘the thing'? Not meet the person. Avoid grasping the opportunity for fear of what might happen (negative) or what people might think? You're living a life in fear and that is a life half lived. In this episode Jac & Ral encourage you to try living a life of courage instead – don't wait for permission, validation or reassurance, take 1 small step and start taking Ral's 4 simple actions to make a change starting today. Jac shares a simple exercise for you to try – if that doesn't put courage in your life, nothing will. The question shouldn't be what if I fail, the question should be what if I fly?---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
"You have to be the owner of your business and not the operator, and you need to learn how to duplicate yourself, which means teaching other people to do the kinds of things that you do, so that you're free to work on developing strategy and growing the business."Ral West Top Five Tips For Achieving Business Success While Living Your Dream1. Organize your business to free up your time:2. Use systems and leverage to streamline your operations3. Build a winning team and culture4. Measure performance to have data-based management5. How delighting your customers boots your success TIME STAMP SUMMARY 01:39 Becoming the owner, not the operator07:09 Leveraging delegation, automation, and outsourcing14:02 Monitoring customer satisfaction17:21 Delight Your Customers Where to find Ral?Website www.ralwest.com LinkedIn https://www.linkedin.com/in/ral-west-0ba7aa12/ Ral West BioRal West is the founder of Ral West Livin' The Dream and the creator of a course for entrepreneurs - “Overcome Overwhelm: Create a Smooth Running Business with Less Stress.” Ral West is not your average entrepreneur; she is a seasoned professional who has been a business owner and manager for over 40 years. Ral has invaluable experience in scaling businesses and mastering the art of effective systemization. Ral honed her business acumen with real life experience. She is a master at the practical implementation of business theories to create effective processes that transform businesses and multiply success. Respected in both the tourism industry and multifamily real estate circles, Ral is recognized for founding, scaling and selling successful businesses, authoring courses, and contributing to various boards, while also being a philanthropist and dynamic speaker. More information can be found on her website: www.ralwest.com
How do you leave a job or a leader gracefully and graciously when it's been good to you, but you want to end it not for any negative reasons but because you have had enough, or you want a change or you get offered a better opportunity? Well, poor Dave got told it wasn't him, it was Ral… but as for Jac, she got told it wasn't her, it was him… but she did end up marrying him in the end! There are some good ways to leave the job, the leader, the lover and do it positively and leave a professional impression – you must start by being very clear on your reason for leaving (be honest) and then follow with…Listen in and take our advice, it will set you up awesmely!---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
If you're digging a hole in the wrong place, it doesn't matter how deep you've dug… it's still the wrong hole!This episode is all about continuing to stay on a course of action despite it being more beneficial to quit. You might try to rationalise the situation by saying since the spent cost can't be recovered, you might as well stay the course and/or allocate additional resources to try to make things work… however is that the right decision for you?? Jac & Ral both share examples of embracing sunk cost fallacy – and how to know when to hold them, how to know when to fold them and how to know when to walk away! Sing it out loud Kenny!! ---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Why stop at 1 goal when you can set more? This episode inspired by Maddy Phillips and the Boston marathon.We are talking about s-t-r-e-t-c-h goals. Ral says chin ups are her stretch goal, Jac thinks making it to Friday and a glass of wine is not just her weekly goal but a priority! It's all about mindset. It applies to your personal and professional life. So set yourself an A goal, a B goal and a C goal. Goal A is the ultimate! Flexibility is key – even if you don't achieve the A goal, getting to your B or C goals are still a win. Standby for the chin ups goal being achieved by Ral!Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Every single person has potential. Untapped. Ral reckons she's already exceeded hers, Jac reckons she's just warming up, so how doyou reach your potential? There are a few things you can do and we cover all of them and how they have applied to us or others we know. The trick is to be optimistic, open minded, to grow your self belief and to define what ‘failure' really means to you… Because not giving something a go is failure in our eyes! And for some shits & giggles listen to find out what a nun once told Ral about her potential…!Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Most people retire after one successful business. Ral West kept building.In this episode, Ral shares how she co-ran a charter airline between Alaska and Hawaii for 25 years—eventually selling it to Alaska Airlines—and then launched into her next chapters: owning cruise ships, investing in real estate syndications, and helping other entrepreneurs find sustainability without burnout.From navigating gender bias in a family business to designing automated booking systems and letting go of control through delegation, Ral's story is a masterclass in evolving through every season of life. Whether you're in the startup grind, planning an exit, or rethinking what “retirement” means—her story will get you dreaming smarter and bolder.Key Highlights of Our Interview:The 25-Year Flight Plan: From Tourism to Aviation“I started in Alaska tourism. My husband was in real estate. Together, we launched a charter service to Hawaii—and turned it into a full airline.”Selling to Alaska Airlines: A Strategic Exit“We knew they were entering the Hawaii market. Instead of competing, we showed them why buying us was smarter.”When Cruise Ships Became the Next Chapter“We bought five small cruise ships out of bankruptcy, redesigned the Alaskan travel experience—and then pivoted again after COVID shut everything down.”Why Real Estate Was the Right Post-COVID Play“We own part of over 6,000 apartment units in five states. Why? Because homeownership is becoming harder, and rental demand is rising.”From Exhaustion to Empowerment: Lessons from the Middle Years“Between 35 and 55, I was stretched thin—business, babies, burnout. I had to build systems and teams to stay afloat.”The Real ROI of Delegation“Delegation isn't about giving things away—it's about building trust and giving others space to shine.”Turning Intuition into Systems“I realized I made ad-spend decisions based on 3-day sales trends. Once I named it, I turned it into a repeatable formula my team could follow.”Reservation System Reinvention“We invested two years into building an online booking system that ran 24/7—freeing us from the phones and doubling our revenue.”Not Your Typical Retirement Plan“I could've retired 16 years ago. I didn't. I love working. My retirement plan is doing what I want, when I want, with the systems to support it.”Advice for Entrepreneurs at Any Age“Be bold. Stay curious. Watch the world. And don't let age—or fear—be the thing that keeps you small.”______________________Connect with us:Host: Vince Chan | Guest: Ral West --Chief Change Officer--Change Ambitiously. Outgrow Yourself.Open a World of Expansive Human Intelligencefor Transformation Gurus, Black Sheep,Unsung Visionaries & Bold Hearts.EdTech Leadership Awards 2025 Finalist.18 Million+ All-Time Downloads.80+ Countries Reached Daily.Global Top 1.5% Podcast.Top 10 US Business.Top 1 US Careers.>>>170,000+ are outgrowing. Act Today.
Send us a textWhat makes a business valuable enough to sell?Ral West didn't just build an 8-figure business—she built one that could thrive without her, leading to a successful sale to Alaska Airlines. In this episode of The Entrepreneur's Kitchen, Ral shares her journey from “mom and pop” hustle to a systemized, scalable company—and why she now helps entrepreneurs escape the trap of being their business's bottleneck.Tune in to learn:Why your real value isn't in doing everything yourselfThe six principles behind a freedom-focused businessHow systems, data, and culture made her company acquisition-readyWhat she learned from mentors like Robert KiyosakiHow you can begin to live the dream—without sacrificing your values or familyThis episode is a must-listen if you're building a business with long-term vision, time freedom, and legacy in mind.
In this episode of The Investor Impact: Power Talks, Vinney Chopra tackles a massive demographic wave that's reshaping real estate investing: the Silver Tsunami. With 10,000 baby boomers turning 65 every single day through 2030, Vinney explains why Residential Assisted Living (RAL) and Memory Care are becoming the smartest, most purposeful places to invest right now. After decades in multifamily syndication, Vinney saw the writing on the wall—overpriced deals and dwindling cash flow. He made the strategic pivot to senior housing, and in this episode, he shares exactly why that move paid off.
On this week's mid-week episode, join Adam Quiney for a powerful live coaching conversation with Ral West. Ral , an accomplished entrepreneur from Alaska, has built several businesses and is now launching an exciting new mastermind. In this episode, Adam and Ral explore a surprising realization: sometimes, what looks like a gap in our growth or goals simply isn't there. Rather than jumping in to offer advice or fill space, Adam models what it means to coach powerfully by reflecting the absence of a gap - and allowing that clarity to lead.
Hardest job in the world.No one prepares you for parenthood, and as two mothers with four kids between us we share some of the horrors we put our kids through… award winning events that will either horrify you or you'll find hilarious! Foot surgery, nasal surgery, cracked heads, left behind in shopping centers, kinder surprise trauma and much more! Jac and Ral keep it real when it comes to the balls ups they have clocked up as Mothers. But everyone is still alive today, so we reckon we have done alright Find out what we have learned as Mums – empathy, emotional intelligence, time management, prioritisation and more. All of which can be very advantageous as a leader. Give yourself a break Mums… we see you, we hear you and we never judge you. You do you. ------Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Welcome to The Lindsey Anderson Show! In today's episode, I talk with Ral West, a seasoned entrepreneur with over 40 years of experience. We address a problem that many entrepreneurs face: starting out with dreams of freedom, only to end up overwhelmed and burnt out by their businesses.We share how building systems, slowing down to speed up, and shifting your mindset can help you get out of the weeds and scale your business. If you're feeling stuck in the grind and want to break free, this episode is for you.Guest Introduction:Ral is the creator of the Overcome and Overwhelm framework, which helps entrepreneurs free up time, reduce stress, and build businesses that support their desired lifestyle. Ral's personal success story includes scaling and selling a business to Alaska Airlines, and she's now focused on investing in small cruise ships and multifamily real estate. Ral is passionate about helping entrepreneurs stop doing everything themselves and start building sustainable, profitable businesses.Building a Business That Runs Without You - Key Takeaways:Start with Systems: Ral's number one principle is to establish systems. Take stock of your daily tasks and identify which ones can be automated or delegated.Delegate Repetitive Tasks: Tasks like email follow-ups, appointment scheduling, and billing are prime candidates for delegation or automation.Automate and Use Technology: Leverage tools like AI, virtual assistants, and CRM systems to streamline your operations and save time.Work on Your Business, Not In It: Instead of micromanaging every aspect, focus on creating systems that allow your business to run smoothly without you.Seize Opportunities: Ral emphasizes the importance of being adaptable and seizing new opportunities, even when they don't align with your original business plan.The Challenges Entrepreneurs Face:As entrepreneurs, we often feel trapped by our daily operations. We struggle to scale, innovate, or keep up with our long-term vision due to a lack of systems and processes. Overwhelm becomes a common issue, leading to burnout and frustration.Key Quotes:“We were limiting the growth of the business because we couldn't do all of it, and we couldn't direct every single aspect of the business.”“The business model should support your life, not the other way around.”“Can you afford not to delegate and create systems? What are you leaving on the table in terms of revenue, health, and mental wellbeing?”“There's so much you can delegate. If you're not slowing down to speed up and taking the time to write it down, there are gaps in your time you don't even know about.”The Importance of Delegation:Ral really emphasizes the importance of good delegation and letting go of control. “You need to learn how to delegate in a way that's clearly outlined, focusing on the outcome rather than how it's done.” Delegating tasks allows the business to grow beyond the owner's capacity, and it's a crucial step for scalability.Addressing Pushback:Many entrepreneurs push back, saying they can't afford to hire help or don't have the time to build systems. Ral challenges that mindset with, “Can you afford not to?” She explains that failing to delegate leads to burnout, poor health, and missed opportunities. By delegating and automating, we free up time and increase the business's potential.Actionable Steps for Entrepreneurs:Step 1: Take stock of your tasks. Identify which tasks are repetitive and can be delegated or automated.Step 2: Document your processes. Write down the steps for tasks like follow-ups, scheduling, and...
In this very special episode Ral interviews Independent member of federal parliament, Dr Monique Ryan - someone who keeps it real every day. Learn what the power of people banding together (but not always agreeing or aligned!) achieves. And when it comes to creating positive outcomes, find out Mon's secret weapon and what Pressure not Power means. There were no Teals more than 3 years ago and then there were six! They appeared. And Mon didn't expect to find a group like this – great friends, who work hard together, who solve problems and also disagree, debate and challenge each other (you learn from each other she shares) but any debate is always done RESPECTFULLY (how refreshing, we have adults in the house!). Enjoy this vulnerable, insightful, intelligent and very REAL conversation with one of Australia's most impressive female leaders in parliament.------Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Do you have more triggers than glimmers? Do you take note of when and why? In this episode we unpack these ‘new terms' that have become a thing thanks to our growing interest in psychology and mental health combined with social media. Jac and Ral talk about self awareness when it comes to triggers and glimmers and how you can use your growing awareness to leverage triggers and glimmers in your workplace – they can help your personal brand, improve your leadership andteam culture and most of all deepen your important relationships. And get ready to learn what really triggers Ral….!Enjoy Keepers!Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Send us a textIn this episode of Beyond Interior Design, host Alina Schartner takes us inside the evolving world of color, design thinking, and purposeful interiors. A globally respected color and trend consultant, Alina has worked with brands like RAL COLOURS, Midea, Trend Bible, and COAT Paints.As Global Brand Ambassador for RAL COLOURS, Alina helps shape trend-led strategies and future-facing palettes that enhance brand identity, boost product appeal, and drive innovation.Here's what we explore in this episode:•
Grad the Burninator? We and our guest YouTuber James Tullos discuss Shonen Jump manga Ral Grad. Show Notes: • You can reach us at Twitter @shonenflopcast, Tumblr shonen-flop, or email shonenflop@gmail.com • You can find our guest at youtube.com/@JamesTullos • Help keep the show running by joining the Shonen Flop Patreon at patreon.com/shonenflop. Get perks like early access to episodes; picking series for us to cover; and exclusive episodes on manga like Undead Unluck, Magu-chan: God of Destruction, and Cypher Academy. • Support the show and get the best prices on manga at mangamart.com/shonenflop. MangaMart's a family-owned store offering 20%+ off manga with free shipping over $100! • Get Shonen Flop merch, including this episode's cover art, on a shirt, mug, print, or whatever else might catch your 1https://www.teepublic.com/stores/shonen-flop?ref_id=22733 • Become a member of our community by joining our Discord. You can hang out with us, submit your questions or six word summaries! Find it at https://discord.com/invite/4hC3SqRw8r • Want to be a guest? You can ask to be on a future episode at bit.ly/shonen_flop_guest Credits: • Manga by • Shonen Flop is hosted by David Weinberger and Jordan Forbes • Additional editing assistance by Dylan Krider you can find his podcast, Anime Out of Context at animeoutofcontext.com • Assistance with pronunciation, translation, and other miscellaneous research done by Tucker Whatley and MaxyBee • Thanks to Kalalla for being our social media manager • Episode art by Merliel (IG: mer_liel) • Cover art funded by our generous art benefactor Nigel Francis MAL Description: In Blue Dragon, shadows can fuse with their hosts. This is the history of the teenager, Ral, and his shadow, the Blue Dragon Grado, that his father, a king, imprisoned together in the dungeon of the castle when Ral was a young baby. One day, when the shadows besieges the castle, his personal educator, Mio, releases him to protect the castle and repel the shadows.
In this episode Ral opens up about a recent health scare that forced her to hit pause and reflect deeply. She shares the confronting experience of undergoing tests, facing uncertainty, and the critical reminder it gave her, and now us, about the importance of regular health checks. Whether it's your breasts, skin, bowels, or beyond, this is your wake-up call to stop putting it off.Jac brings a powerful perspective, reminding us the average person only gets about4,000 weeks on this earth. That number hits differently when you realise how many of those weeks we spend unhappy, unwell, or just going through the motions.Together, Jac and Ral encourage you to not only prioritise your physical health, but your emotional well-being too. Book the holiday. Leave the toxic job. Walk away from the relationship that's draining you.This episode is a timely, honest reminder that while we can't control everything, we do have more power than we think in shaping a life that feels good, inside and out. Enjoy Keepers!------Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
This Blue Dragon spinoff doesn't exactly color me impressed. David and Jordan give their first thoughts on Shonen Jump manga Ral Grad. Listen in as they give an overview of the first chapter, where they think it will go from there, and ultimately their “power word” to describe the series so far. They also dive into some listener questions. Show Notes: • You can reach us at Twitter @shonenflopcast or email us shonenflop@gmail.com • Help keep the show running by joining the Shonen Flop Patreon at patreon.com/shonenflop. Get perks like early access to episodes; picking series for us to cover; and exclusive episodes on manga like Undead Unluck, Magu-chan: God of Destruction, and Cypher Academy. • Support the show and get the best prices on manga at mangamart.com/shonenflop. MangaMart's a family-owned store offering 20%+ off manga with free shipping over $100! • Become a member of our community by joining our Discord. You can hang out with us, submit your questions or six word summaries! Find it at https://discord.com/invite/4hC3SqRw8r • Get Shonen Flop merch, including this episode's cover art, on a shirt, mug, print, or whatever else might catch your eye https://www.teepublic.com/stores/shonen-flop?ref_id=22733 • Want to be a guest? You can ask to be on a future episode at bit.ly/shonen_flop_guest Credits: • Manga by Obata, Takeshi (Art), Takano, Tsuneo (Story) • Shonen Flop is hosted by David Weinberger and Jordan Forbes • Additional editing assistance by Dylan Krider you can find his podcast, Anime Out of Context at animeoutofcontext.com • Assistance with pronunciation, translation, and other miscellaneous research done by Tucker Whatley and MaxyBee • Thanks to Kalalla for being our social media manager MAL Description: In Blue Dragon, shadows can fuse with their hosts. This is the history of the teenager, Ral, and his shadow, the Blue Dragon Grado, that his father, a king, imprisoned together in the dungeon of the castle when Ral was a young baby. One day, when the shadows besieges the castle, his personal educator, Mio, releases him to protect the castle and repel the shadows.
Not all readers are leaders, but all leaders are readers.And thanks to tech today, you can also listen to a book if you're not a visual learner, including the 10 very favourite (so far) books we have loved and learned from over the years. Some books are oldies, others are very recent! To find out what titles we recommend (we brought different recommendations) and why, listen in. And here's where Jac & Ral align and here's where they are different in their favourite choices: Common GroundBig-Picture Thinkers – We are both drawn to books about vision, purpose, and legacy.Passion for Leadership & Performance – We both admire leadership principles that build long-lasting impact.Creativity & Innovation – We both value creativity, but we approach it in different ways. Key DifferencesRal is more emotionally intuitive & bold → She loves books that challenge conventional wisdom, celebrate creativity and emphasise human connection.Jac is more analytical & strategic → She loves books that explore cognitive biases, motivation, and long-term leadership.Ral is about storytelling & experience → Her books focus on sticky ideas, culture, and moments that matter.Jac is about psychology & purpose → Her books explorehow people think, what drives them, and how to lead for the long haul.Our Recommendations - Made to Stickhttps://www.amazon.com.au/Made-Stick-ideas-others-unstuck/dp/009950569X- Big Magichttps://www.amazon.com.au/Big-Magic-Creative-Living-Beyond/dp/1408866757- Legacy https://www.amazon.com.au/Legacy-James-Kerr/dp/147210353X- The Subtle Art of Not Giving a F*ckhttps://www.amazon.com.au/Subtle-Art-Not-Giving-Counterintuitive/dp/1925483592- Unreasonable Hospitalityhttps://www.amazon.com.au/Unreasonable-Hospitality-Remarkable-Giving-People/dp/1529146828 - The Infinite Gamehttps://www.amazon.com.au/Infinite-Game-Simon-Sinek/dp/0241385636- Thinking Fast and Slowhttps://www.amazon.com.au/Thinking-Fast-Slow-Daniel-Kahneman/dp/0141033576- Shoe Doghttps://www.amazon.com.au/Shoe-Dog-Memoir-Creator-NIKE/dp/1471146723- Drive https://www.amazon.com.au/Drive-Surprising-Truth-About-Motivates/dp/1786891700- The Creative Act https://www.amazon.com.au/Creative-ACT-Way-Being/dp/0593652886------Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
There are some brands you never forget… when it comes to experience. In this episode we explore the power of creative engagement when it comes to how brands can make their customer experiences unforgettable. We discuss Unreasonable Hospitality, the magic of Eleven Madison Park, and how Mecca the cosmetics retailer sets the standard for customer connection. It often comes down to giving more than expected... unless you're asking Ral to complete a survey! Tune in for fresh ideas on standing out in a crowded market! Enjoy Keepers!Find out more about our Finders Keepers event in Fijihttps://tinyurl.com/JacandRalFinderskeeperss---------------------------------------------------------New Episode Every Monday Follow the showhttps://www.instagram.com/keepingitrealwithjacandral/https://open.spotify.com/show/5yIs5ncJGvJyXhI55Js0if?si=aCNOdB68QnOGnT0vCTPcPgFollow Jac https://www.linkedin.com/in/jacphillips/https://www.instagram.com/jac.phillips.coaching/Follow Ralhttps://www.linkedin.com/in/gabrielledolan/https://www.instagram.com/gabrielledolan.1/Produced by Keehlan Ferrari-Brown
Discover how you can turn homes into $10K/month cash flow opportunities with the expertise of Isabelle Guarino! In this episode, Isabelle shares how residential assisted living (RAL) combines real estate investing with the growing demand for senior care, creating a powerful strategy for generating generational wealth. Learn how to transform properties into thriving businesses while addressing the silver tsunami of baby boomers seeking quality care.Key takeaways include:- Insights into residential assisted living and its unique benefits compared to traditional real estate.- Why demographic research is crucial to selecting the right property for success.- How strategic renovations can maximize value and create luxury residential experiences.- The role of caregivers and administrators in delivering exceptional care and operational efficiency.- Actionable tips for overcoming challenges like staffing, licensing, and initial capital requirements.
Isabelle Guarino is the Chief Operating Officer of Impact Housing Group and a leading trainer at the Residential Assisted Living Academy. With a background in Business Marketing and Communications, including experience at Walt Disney World and two Fortune 500 companies, Isabelle has become a dynamic leader in business development and operations. She has been instrumental in launching major industry initiatives such as the RAL National Convention, Recovery Housing Academy, and Pitch Masters Academy, driving success across Impact Housing Group's companies. A 2x Best-Selling Author of Living Legacy and host of the Young Boss Podcast, Isabelle is widely recognized for her expertise. She has been named a “Future Leader in Senior Housing”, one of the “Top Senior Housing Influencers Under 30”, and among the “Top 5 Disruptive Entrepreneurs Going Into 2023.” Featured on platforms like Bigger Pockets, The Wealthy Way Podcast, and Sales Disruptors, she is a sought-after speaker and coach for Residential Assisted Living, helping thousands of investors and entrepreneurs “Do Good & Do Well.” Isabelle's mission is to positively impact 10,000,000 people through Residential Assisted Living by continuing her father's legacy. As the nation's top coach and trainer in RAL, she shares her insights nationwide, empowering young professionals and seasoned leaders alike to succeed in business, leadership, and personal growth while creating lasting social impact. During the show we discussed: Senior Housing Is A Profitable Business Due To Rising Demand And Demographic Trends. Choosing The Right Property And Location Is Key To Success. Starting Requires Significant Investment, With Various Funding Options Available. Prior Experience In Real Estate Or Healthcare Is Helpful But Not Required. Legal And Licensing Requirements Must Be Carefully Managed. Growing Demand Ensures Long-Term Business Opportunities. Smaller Homes Offer Personalized Care And Simpler Operations. Rising Care Costs Increase Profitability. Common Challenges Include Regulations, Staffing, And Marketing. Hiring And Retaining Quality Caregivers Is Essential. Strong Marketing Attracts And Keeps Residents. Effective Management Enables Hands-Off Operations. Streamlined Systems Ensure Steady Cash Flow. Scaling Requires Strategic Planning. Senior Housing Provides Financial Security And Benefits Communities. Resources: https://residentialassistedlivingacademy.com/
The Federation bids on a wormhole, but is it worth the price? Dom Bettinelli, Jimmy Akin, and Fr. Jason Tyler examine TNG's “The Price,” unpacking shady negotiations, Troi's rushed romance, and Ferengi missteps that echo into Voyager. Plus, is Ral a genius or just creepy?
In this episode of Grow a Small Business, host Troy Trewin interviews Ral West, founder of Ral West Livin' The Dream, shares his journey of entrepreneurial success. From scaling Hawaiian Vacations to 8-figure revenue and exiting to Alaska Airlines, Ral built an impressive career. He now empowers entrepreneurs with 6 principles to achieve freedom and sustainable growth. His insights on systems, culture, and leveraging automation are game-changers. Don't miss this inspiring episode packed with resilience and lessons for business success. Why would you wait any longer to start living the lifestyle you signed up for? Balance your health, wealth, relationships and business growth. And focus your time and energy and make the most of this year. Let's get into it by clicking here. Troy delves into our guest's startup journey, their perception of success, industry reconsideration, and the pivotal stress point during business expansion. They discuss the joys of small business growth, vital entrepreneurial habits, and strategies for team building, encompassing wins, blunders, and invaluable advice. And a snapshot of the final five Grow A Small Business Questions: What do you think is the hardest thing in growing a small business? According to Ral West, the hardest thing in growing a small business is sticking with it — having the faith and stamina to persist through discouraging times. Staying committed and pushing forward despite challenges is essential for success. What's your favourite business book that has helped you the most? Ral West's favorite business book is "The E-Myth" by Michael Gerber. She credits it with providing invaluable insights on creating systems and developing a sustainable business, emphasizing its impact on his entrepreneurial journey. Are there any great podcasts or online learning resources you'd recommend to help grow a small business? Ral West recommends a range of resources to help grow a small business, including Tony Robbins' Business Mastery, which offers transformative insights into strategy and growth, and Amy Porterfield's Digital Course Academy, ideal for creating and marketing online courses. He also highlights the value of YouTube as a free resource for learning topics like marketing and automation, alongside entrepreneurial podcasts for professional development. These tools underscore Ral's belief in continuous learning and leveraging expert knowledge to drive success. What tool or resource would you recommend to grow a small business? Ral West emphasizes the importance of systems as the most crucial tool for growing a small business. Whether through automation, apps, or processes, implementing effective systems ensures efficiency, scalability, and the ability to manage details without being overwhelmed. What advice would you give yourself on day one of starting out in business? Ral West advises his day-one self to start without fear of failure, embrace the journey, and be ready to pivot when necessary. He highlights the importance of learning continuously, not striving for perfection, and believing in yourself to navigate the unpredictable path of entrepreneurship. Book a 20-minute Growth Chat with Troy Trewin to see if you qualify for our upcoming course. Don't miss out on this opportunity to take your small business to new heights! Enjoyed the podcast? Please leave a review on iTunes or your preferred platform. Your feedback helps more small business owners discover our podcast and embark on their business growth journey. Quotable quotes from our special Grow A Small Business podcast guest: Systems are the backbone of sustainable business growth – Ral West Empower your team with clear values and watch your business thrive – Ral West Success is built on resilience, adaptability, and the courage to pivot – Ral West
Hey Money Multipliers!
The Federation bids on a wormhole, but is it worth the price? Dom Bettinelli, Jimmy Akin, and Fr. Jason Tyler examine TNG's “The Price,” unpacking shady negotiations, Troi's rushed romance, and Ferengi missteps that echo into Voyager. Plus, is Ral a genius or just creepy? The post The Price (TNG) appeared first on StarQuest Media.
The multifamily business is a people business that is operationally intensive and requires experienced business acumen. To be successful entails great systems, winning teams, excellent customer service, and a disciplined marketing strategy. Ral West, serial entrepreneur and business mentor, has invested as an LP and co-GP with other sponsors in over 6000 units across 23 deals. Some of these properties are performing better than others. Ral has background in the chartered cruise ship and chartered plane business prior to investing in multifamily syndications. She also is a mentor to other business owners to help them systematize their businesses so they can escape the day-to-day toil of running a business.
Meet Ral West—Owner, Entrepreneur, and Founder of Ral West Livin' the Dream, as well as a dynamic public speaker and the creator of the online course Overcome Overwhelm: Create a Smooth Running Business with Less Stress. With over 40 years of entrepreneurial experience, Ral has built, scaled, and sold successful businesses while mastering systems, company culture, team building, customer service, and strategic planning. Using his trademark 6 Essential Secrets to Business Success™, Ral teaches business owners how to transition from being overwhelmed operators to empowered owners—scaling their businesses and enjoying the freedom to live their dream lives. He mentors entrepreneurs on creating scalable success, profitable growth, and endless productivity without the day-to-day overwhelm. If you're ready to chart your course to a business and life that truly reflect your biggest dreams, join Ral West as he shares proven strategies to build, scale, and thrive. Learn more by watching his FREE webinar, “Save Time and Scale Your Business,” at www.ralwest.com/get-webinar, and connect with him at ral@ralwest.com. https://www.linkedin.com/in/ralwest/
Check out this episode wherever you like to listen or watch podcasts! Episode Page: vinneychopra.com/podcast/ Youtube: https://youtu.be/kGJ5RMozjwU Spotify: spoti.fi/423B4fz iTunes: apple.co/3tQ9Tsf ——
Check out this episode wherever you like to listen or watch podcasts! Episode Page: vinneychopra.com/podcast/ Youtube: https://youtu.be/kGJ5RMozjwU Spotify: spoti.fi/423B4fz iTunes: apple.co/3tQ9Tsf ——
Are you ready to unlock the hidden potential of residential assisted living? Discover how two real estate veterans are revolutionizing senior care and creating wealth in an untapped market. What's their secret to success, and how can you get in on this booming industry?
Investing in Senior Living Real Estate Source: Vinney Chopra's Mentoring Webinar: Benefits of Investing in Senior Living Real Estate (transcript excerpt). Date: December 20, 2023 Main Themes: The Silver Tsunami: A surge in demand for senior housing driven by aging Baby Boomers, with 10,000 turning 65 every day. Opportunities in Senior Living Real Estate: Focus on residential assisted living (RAL) due to its lower barrier to entry and strong potential for profitability compared to larger facilities. Vinney Chopra's Investment Strategy: Leveraging his experience in multifamily real estate to transition into RAL, purchasing and retrofitting single-family homes to create profitable senior living communities. Key Considerations for RAL Investment: Understanding local regulations, conducting thorough market research to identify demand and competition, securing proper licenses, and ensuring high-quality operations. Syndication as a Funding Mechanism: Highlighting the power of syndication to raise capital for real estate investments, allowing individuals with limited capital to participate in larger projects. Most Important Ideas/Facts: Senior Living is Recession-Resistant: Historical data shows senior living occupancy rates remained stable during economic downturns, indicating a resilient market. High Demand, Low Supply: The current supply of senior housing falls short of the projected demand, creating a prime opportunity for investors. RAL offers Attractive ROI: Potential to generate significant monthly profits ($10,000 - $17,500) per home with proper management and occupancy. Remote Investing is Possible: Chopra demonstrates successful remote acquisition and management of RAL properties, utilizing online resources and trusted teams. Focus on Investor Education: Chopra emphasizes the importance of thorough research, due diligence, and continuous learning for successful real estate investing. Key Quotes: "Silver tsunami is the one where from 2011 to 2030 wow! 10,000 baby boomers are turning 65 every night in this country." "Economic downturns don't have much effect on senior living." "Whenever you want to buy a residential assisted living... you can be in trouble. So that's why I try to give lots of great points in my webinars where to invest..." "Is there a better way that I could take a residence, a home, a 4 bedroom, 3 bathroom home, or 5 bedroom home and convert that into residential assisted living?" "You multiply by 12. That is very good. Return on money. ROI. Return on investment. We call it right." "Look for some assisted living residential, assisted, living home with a license on sale." "The key thing is, there are few brokers in every city, every place who deal with these kind of assisted living homes. It's called residential, assisted living." Action Items: Research local regulations and market demand for RAL in your target area. Identify and connect with brokers specializing in RAL properties. Explore financing options and develop a comprehensive business plan. Consider attending Vinney Chopra's Academy or mentorship programs for further education and networking opportunities. Benefits of Investing in Senior Living Real Estate: A Study Guide Short Answer Questions: What are the three "tsunamis" Vinney Chopra discusses and how do they impact the real estate market? Why does Vinney Chopra advocate for senior living real estate over traditional multifamily investments? What are the different segments of the senior housing spectrum? Which segment does Vinney Chopra focus on and why? Describe the typical resident profile for a residential assisted living home. What are their needs and expectations? What are some key factors to consider when selecting a location for a residential assisted living home? Explain the financial model of a residential assisted living home. What are the primary revenue sources and expenses? How does Vinney Chopra approach furnishing and equipping his residential assisted living homes? Why is this aspect important? What is the role of placement agencies in the senior living industry? How do they benefit residential assisted living homes? Describe the licensing and regulatory requirements for operating a residential assisted living home. Why are these aspects crucial? How does Vinney Chopra utilize technology and resources like ChatGPT and Perplexity to research and identify investment opportunities? Answer Key: The three "tsunamis" are the Millennial Tsunami, Immigration Tsunami, and Silver Tsunami. The Millennial Tsunami refers to the increasing number of millennials entering the rental market, driving demand for apartments. The Immigration Tsunami refers to the influx of immigrants who also require rental housing. The Silver Tsunami signifies the aging baby boomer population and their increasing need for senior living options, driving demand in that sector. Vinney Chopra believes senior living real estate offers greater stability and higher returns compared to multifamily. He highlights the consistent demand driven by the aging population and the need-driven nature of senior care, making it less susceptible to economic downturns. The senior housing spectrum ranges from age-restricted apartments (choice-driven) to skilled nursing facilities (need-driven). Vinney focuses on residential assisted living, which falls in the middle, as it offers a balance of independence and care, catering to a growing segment with strong demand. Residents in residential assisted living homes are typically seniors who require assistance with daily living activities like bathing, medication, and meals. They seek a comfortable, home-like environment with social interaction and personalized care. Location selection involves considering proximity to hospitals, the density of existing senior living facilities, local zoning regulations, and the overall demographics of the area, ensuring sufficient demand and compliance with regulations. The financial model relies on resident fees as the primary revenue source. Expenses include staffing, food, utilities, insurance, and property maintenance. Profitability hinges on maintaining high occupancy rates and managing expenses efficiently. Vinney prioritizes creating inviting and comfortable spaces using affordable furniture and decor from sources like Amazon and HomeGoods, understanding the importance of aesthetics and ambiance for resident well-being. Placement agencies act as intermediaries connecting seniors with appropriate living arrangements. They build relationships with hospitals, rehab centers, and doctors, acting as a valuable referral source for residential assisted living homes. Operating a residential assisted living home necessitates obtaining state licenses and adhering to regulations concerning safety, staffing, caregiving, and resident well-being. Compliance is critical for legal operation and maintaining a safe and ethical environment. Vinney leverages AI-powered tools like ChatGPT and Perplexity to quickly gather information on market trends, competitor analysis, and property listings. This efficient approach streamlines research and helps identify promising investment opportunities. Essay Questions: Discuss the advantages and disadvantages of investing in residential assisted living homes compared to larger senior living communities. Analyze the impact of the aging population on the real estate market. What are the potential challenges and opportunities for investors? Explain the importance of thorough due diligence when evaluating a potential residential assisted living investment. What are the key aspects to investigate? Develop a comprehensive marketing strategy for attracting residents to a residential assisted living home. Consider target audience, messaging, and promotional channels. Discuss the ethical considerations and responsibilities involved in operating a residential assisted living home. How can investors ensure the well-being and dignity of residents? Glossary of Key Terms: Assisted Living: A type of senior housing providing assistance with daily living activities like bathing, dressing, and medication management, while promoting independence and social interaction. Baby Boomers: The generation born between 1946 and 1964, representing a significant portion of the aging population. Capture Rate Study: A market analysis determining the potential demand for senior living services within a specific geographic area. Dementia: A general term for a decline in mental ability severe enough to interfere with daily life. Placement Agency: A company that assists seniors and their families in finding appropriate senior living options, including assisted living and memory care facilities. Residential Assisted Living (RAL): A type of assisted living provided in a smaller, residential setting, typically a single-family home, offering a more intimate and home-like environment. Retrofitting: Modifying an existing structure to meet the specific needs of a new purpose, such as converting a single-family home into a residential assisted living facility. Senior Housing Spectrum: A range of senior living options, from independent living to skilled nursing, catering to varying levels of care and support needs. Silver Tsunami: A term describing the surge in demand for senior living and healthcare services due to the rapidly aging baby boomer population. Syndication: A method of pooling funds from multiple investors to purchase and manage larger real estate assets, allowing individuals to participate in investments they might not be able to afford independently.
In this episode of the Best Ever CRE Podcast, host Joe Cornwell interviews RaL West, a seasoned real estate investor with a diverse portfolio including multifamily units, vacation rentals, and triple net leases. Ral shares her journey from active management to passive investments, emphasizing the importance of building effective systems and leveraging professional property management. The conversation explores market cycles, the benefits of triple net leases, and valuable lessons learned from both successful and challenging investments. RaL also provides actionable advice for investors, highlighting the significance of due diligence and exit strategies. Sponsors: Altra Running Sunrise Capital Learn more about your ad choices. Visit megaphone.fm/adchoices
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube Part 1: https://youtu.be/DynxIq82Cus YouTube Part 2: https://youtu.be/2qwcm9rB4VU Youtube Part 3: https://youtu.be/NmDokK1vLIA Spotify: https://spoti.fi/423B4fz iTunes: https://apple.co/3tQ9Tsf —— Connect & Win with Vinney: https://linktr.ee/VinneySmileChopra FREE BOOKS HERE: https://vinneychopra.com/freebenefits/ JOIN MY FREE WEBINARS: https://www.eventbrite.com/o/vinney-chopra-91176286423 ----- Join Vinney Chopra and his inner circle of real estate investors as they discuss the latest trends and opportunities in the market!
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube Part 1: https://youtu.be/DynxIq82Cus YouTube Part 2: https://youtu.be/2qwcm9rB4VU Youtube Part 3: https://youtu.be/NmDokK1vLIA Spotify: https://spoti.fi/423B4fz iTunes: https://apple.co/3tQ9Tsf —— Connect & Win with Vinney: https://linktr.ee/VinneySmileChopra FREE BOOKS HERE: https://vinneychopra.com/freebenefits/ JOIN MY FREE WEBINARS: https://www.eventbrite.com/o/vinney-chopra-91176286423 ----- Join Vinney Chopra and his inner circle of real estate investors as they discuss the latest trends and opportunities in the market!
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube Part 1: https://youtu.be/DynxIq82Cus YouTube Part 2: https://youtu.be/2qwcm9rB4VU Youtube Part 3: https://youtu.be/NmDokK1vLIA Spotify: https://spoti.fi/423B4fz iTunes: https://apple.co/3tQ9Tsf —— Connect & Win with Vinney: https://linktr.ee/VinneySmileChopra FREE BOOKS HERE: https://vinneychopra.com/freebenefits/ JOIN MY FREE WEBINARS: https://www.eventbrite.com/o/vinney-chopra-91176286423 ----- Join Vinney Chopra and his inner circle of real estate investors as they discuss the latest trends and opportunities in the market!
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube Part 1: https://youtu.be/DynxIq82Cus YouTube Part 2: https://youtu.be/2qwcm9rB4VU Youtube Part 3: https://youtu.be/NmDokK1vLIA Spotify: https://spoti.fi/423B4fz iTunes: https://apple.co/3tQ9Tsf —— Connect & Win with Vinney: https://linktr.ee/VinneySmileChopra FREE BOOKS HERE: https://vinneychopra.com/freebenefits/ JOIN MY FREE WEBINARS: https://www.eventbrite.com/o/vinney-chopra-91176286423 ----- Join Vinney Chopra and his inner circle of real estate investors as they discuss the latest trends and opportunities in the market!
Check out this episode wherever you like to listen or watch podcasts! Episode Page: https://vinneychopra.com/podcast/ Youtube Part 1: https://youtu.be/DynxIq82Cus YouTube Part 2: https://youtu.be/2qwcm9rB4VU Youtube Part 3: https://youtu.be/NmDokK1vLIA Spotify: https://spoti.fi/423B4fz iTunes: https://apple.co/3tQ9Tsf —— Connect & Win with Vinney: https://linktr.ee/VinneySmileChopra FREE BOOKS HERE: https://vinneychopra.com/freebenefits/ JOIN MY FREE WEBINARS: https://www.eventbrite.com/o/vinney-chopra-91176286423 ----- Join Vinney Chopra and his inner circle of real estate investors as they discuss the latest trends and opportunities in the market!