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YouTube Link: https://youtu.be/AbrmeS7sJWw Full tax guide - SimplePassiveCashflow.com/tax Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club
YouTube Link: https://youtu.be/AbrmeS7sJWwFull tax guide - SimplePassiveCashflow.com/taxArticle Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club See acast.com/privacy for privacy and opt-out information.
[First in a series of 2019 Hui Club member interviews and live coaching sessions. No more interviews of the same old people, these are real people just like you]. Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ [First in a series of 2019 Hui Club member interviews and live coaching sessions. No more interviews of the same old people, these are real people just like you] Karl is a police officer who is currently making about 35k in passive income from his properties, which consists of 18 houses and 24 apartment units and are spread across small multifamily units. He started purchasing these properties in 2009. He then moved into wholesaling and just basically putting his money to work through private lendings and house flipping. He still keeps his day job as a police officer and continues to serve his community and help other people. The high demand for a better and affordable housing in their city drove Carl to try and enter the real estate business. Karl talks about his experiences on being a landlord and an investor. He also shares his experiences in house flipping as well as his future plans after retirement.
YouTube Link: https://youtu.be/1vVQPdfl_SoAlso check out Buck Joffrey's podcast on cypto: https://itunes.apple.com/us/podcast/consensus-network-cryptocurrency-news-education/id1436793238?mt=2Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Is dealing in Cryptocurrency dangerous?Bitcoin grew in value by 1,000% in 2017.Ripple was the best performing crypto, which had gains of 36,018% last year due to its ease of use. Each coin of Ripple is worth a small fraction of a Bitcoin. The technology makes it easier for banks, payment providers and businesses to send payments globally. They promise to deliver an experience that is instant, traceable, and inexpensive.NEM is an enterprise blockchain with “smart assets.” It can also be used to manage things like currencies, financial instruments, supply chains, and notarizations. Think how eBay or Amazon takes data from UPS or USPS to track your packages, but a lot bigger.Other Cryptos:ArdorStellarDashEthereum (2nd biggest Cypto)GolemLitecoin (getting in mainstream vernacular)BitcoinLearningCenters.com by Andy LaPointe Mr. LaPointe created this complete bitcoin learning system from the ground up! You will learn practical insights into this global phenomenon. By the endof the interview, you will also have a practical understanding ofcryptocurrencies, blockchain technology and Bitcoin.The information that Andy LaPointe will share is entertaining, insightful and easy-to-understand. No matter who you are or your background, the information he’llshare will help anyone to get started with cryptocurrencies today.You listeners will learn:- What is a Blockchain?- What is Bitcoin?- What is cryptocurrency?- How blockchain and Bitcoin are related.- How to determine if investing into cryptocurrencies is right for you.- What are some of the misconceptions about Bitcoin, cryptocurrencyand blockchain.- How to create the right cryptocurrency portfolio for you and yourfinancial future.- And much more!ABOUT THE AUTHOR:Prior to getting involved with blockchain technology in 2013, Mr. LaPointe spent 15 years in the corporate world as a Registered Investment Advisor (RIA), Series 7 Stockbroker and Mutual Fund Wholesaler. He offers deep knowledge of the financial markets, blockchain technology, asset allocation, risk tolerance and cryptocurrency.Andy LaPointe lives in Northern Michigan and is available for interview by calling 1-231-676-0643 (Eastern Standard Time) or email: lapointeandy@yahoo.com – Instant Availability Or visit: www.BitcoinLearningSystems.com See acast.com/privacy for privacy and opt-out information.
Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Graham Parham: New Awards:#1 in units at Highlands Residential Mortgage for 2017#11 in state of Texas and 92nd in the US according to The Scottsman Guide andMortgage Executive Magazine – 1% top originators in the USTop Ranked – Ask A Lender Discussion today is 1-4 unit income properties, not owner-occupied.20% down on first ten financed properties? 25% for 2-4 units?DTI considerations when using HELOC from primary residence to invest?Credit scores down to 620. Max. credit score that helps?Reserves?New Fannie Mae Reserve Requirements for Investors with Multiple Properties OwnedThe Old requirements were six months Principle, Interest, Taxes, and Insurance (PITI) on the subject property and two on all other properties up to 4 leveraged 1 – 4 family properties excluding the primary residence. Properties 5 – 10 would require six month PITI on all properties.The New requirements are based on a percentage of the unpaid principal balance on each loan excluding the primary residence. If a borrower has 2-4 financed properties, the reserves of 2% of the unpaid principal mortgage balances are required, excluding the principal residence and the subject property. If a borrower has 5 - 6 financed properties, 4% of the unpaid principal mortgage balances are required, excluding the principal residence and the subject property. If a borrower has 7 to 10 financed properties, 6% of the unpaid principal mortgage balances are required, excluding the principal residence and the subject property.The aggregate UPB calculation does not include the mortgages and HELOCs that are on the subject property, the borrower’s principal residence, properties that are sold or pending sale, and accounts that will be paid by closing.The subject property will still have monthly reserve requirements based on the total mortgage payment (PITI). Reserves are funds that you have access to liquid or non-liquid. Reserves are funds you need to have after the closing your transaction. Funds for reserves cannot be your funds for down payment or closing cost.Fannie Mae now will allow for 100% of the Non-Liquid funds, not 60%Non-Liquid funds can be used for reserve requirements.” IRA’s 401K’sSEP Funds Gifts are NOT allowed on an investment property. Investor interest rates how much higher than owner-occupied? Mortgage sequencing. Example: if buyer wants to buy in Memphis today, Jacksonville next month, how should they plan? Overall, lending climate more lose or tighter than 1 year ago? 5 years ago? What should a prospective borrower do before contacting you? 1031 exchanges Cost and funding What cost are covered in the exchangeWhat is UP with interest rates?4 Factors that determine your mortgage interest rate: Credit ScoreCredit Scores Adjustments 740 + 740 – 720 720 – 700 700 – 680 680 – 640 640 – 620 % of down payment 20% or 25% Loan Amount Adjustments Property TypeWhat about the 15 Year fixed?Does it make since to pay points?What is the difference between Mortgage Brokers and Mortgage Bankers?What are overlays?Does Fannie Mae have a black list?Are Appraisals regulated and by who?Is there an appraisal black list?What happens if the appraisal does not come in a contract price?Closing cost differences between lendersShould I pay cash for my investment properties or use leverage?The next example will show the benefits of using 20% down leveraging for properties versus buying one property and paying CASH.If you pay $150,000 in cash for one property, your net cash flow is $1245.00. By putting 20% down with an 80% loan to value and a 5% interest rate, your net cash flow is reduced to $600.81. Let’s not stop there. Keep in mind that 20% down payment on a $150,000 home is only $30,000. If you bought FIVE $150,000 homes and put 20% down on each with the same loan terms and monthly rents, you could increase your return on investment by $1759.05 a month to $3004.05. Invest your money wisely.The net cash flows do not take into account the annual city, county and state property taxes and the annual hazard insurance. The numbers may vary considerately by the taxing authorities. You will have to include that information in your bottom line.Graham W. Parham has been a Mortgage Loan Officer for over 18 years with 25 yearsin sales and marketing. He is a leader of financial expertise in the North Texasresidential real estate market, developing a significant following among homebuyersand investors. Known and respected industry-wide, Graham’s production consistentlyranks him as a top producer in this market place. According to Scottsman GuideGraham ranked 92 nd in the US loan originators.Graham offers invaluable insight into a purchaser's likely requirements, providing anexceptional business ethic of customer service and respect, catering to their needs frompre-qualification to closing. He is a truly dedicated person, who strives to ensure thateach transaction is handled in a timely and stress free manner. By employing thesestandards, Graham has established a solid reputation for going the extra mile to puttogether the absolute best financing available for his clients. Graham prides himself onstaying ahead of the curve, keeping up to date with the latest products and industrytrends.As an active investor himself, Graham has a strong insight on what his investmentbuyers are looking for to accomplish their short and long term goals. Knowing thatinvestment loans strongly scrutinized, it is up Graham his team of underwriters whounderstands rental property loans versus that of an owner occupied residence. Hisgeneral knowledge of REO properties and Turnkey providers coupled with a strongoperational staff allow his loan closings to be seamless and “On Time Every Time”Highlands Residential Mortgage, LTD. is completely submerged in the real estateinvesting industry and has access to many lenders nationally. Our clients benefit fromup to date guidance on all conventional investor loan programs, and less knowncreative financing strategies. Knowing that an investment loan will be far morescrutinized, it is Graham Parham and his team of underwriters who understand a loanprocessed for a rental property versus that of an owner occupied residence.Just as you would not seek legal counsel from someone who does not have a lawdegree, nor should you trust a loan originator for your investment property loan fromsomeone that is not an investor themselves. Highlands Residential Mortgage, LTD. isan unparalleled mortgage lender whose delivery sets us apart!Graham Parham’s team mission is to consult every investor based on thoseindividualized situations and goals. Whether you are buying your first home orinvestment property, we carefully look at your options that will give you the bestopportunity for success. Because we know how important your investment financingstrategy is, our extensive research and knowledge of those programs will be broughtforward in educating you as an investor, throughout the lending process.“My goal is to continue assisting my clients for life and help them meet the ever-changing needs life throws our way!” See acast.com/privacy for privacy and opt-out information.
Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Erin Lowry is the author of Broke Millenial, a book about how to stop scraping by and start getting your financial life in order. She talks about how she learned about finances at a young age, how she gave up her dream school so she could live her dream life, and how living in New York inspired her to write her book, Broke Millenial. "Invest your spare change," may be a catchy line but you really can't invest your spare change to wealth. It has to be more than spare change. In the financial world, you are above nothing. Just because you have a college education doesn't mean that is your way out of financial difficulty. You also need to be prepared to take non-professional jobs or jobs that might be below you. Just like in any financial goal you have to figure out how to take a high level idea and break it down into smaller parts. Think of whatever your long term financial goals are and work backwards to break it down into something that is actually more achievable. A lot of people in their early twenties have beautiful,lofty dreams but no tangible steps on how to get themselves there. Podcasts are great sources of information. Saving is important but earning more is bigger. To earn more is a key part of building wealth. The biggest thing when it comes to feeling in control of your money is that you have to identify what you truly value. Don't allow other people to dictate where you should spend your money.
Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Erin Lowry is the author of Broke Millenial, a book about how to stop scraping by and start getting your financial life in order. She talks about how she learned about finances at a young age, how she gave up her dream school so she could live her dream life, and how living in New York inspired her to write her book, Broke Millenial. "Invest your spare change," may be a catchy line but you really can't invest your spare change to wealth. It has to be more than spare change. In the financial world, you are above nothing. Just because you have a college education doesn't mean that is your way out of financial difficulty. You also need to be prepared to take non-professional jobs or jobs that might be below you. Just like in any financial goal you have to figure out how to take a high-level idea and break it down into smaller parts. Think of whatever your long-term financial goals are and work backwards to break it down into something that is actually more achievable. A lot of people in their early twenties have beautiful, lofty dreams but no tangible steps on how to get themselves there. Podcasts are great sources of information. Saving is important but earning more is bigger. To earn more is a key part of building wealth. The biggest thing when it comes to feeling in control of your money is that you have to identify what you truly value. Don't allow other people to dictate where you should spend your money. See acast.com/privacy for privacy and opt-out information.
YouTube Link: https://youtu.be/rG5QlGF5so8 Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Just got back from FinCon2018! What's that? A pretty impressive event. Its where 2000 financial bloggers, you-tubers, and podcasts this year gathered around all this money. In 2006, I started reading financial blogs. Sole of my favorite was getrichslowly, Wallet Hacks, and of course mr money mustache. FinCon started in 2011 with just a couple hundred people. Real estate investing is a minority. 95% of people are debt adverse and about the 4% rule. Buying cash so so debt. Living small is selfish? Make 150k a year and retire when you are 35... The Millionaire Next Door book is not the type of lifestyle I would like to live. A lot of financial advisors which I don't really like. I am cool with how it is enough to be happy and content. Other Findings: New investment account that incorporates mobile interfaces and suto-AI. Mint app has click to invest and banking apps have click to refi. It’s a little dangerous. A cool 5% instant liquidity online savings bank that invests in inventory loans. Let me know and I can connect you with that as I try to do more due diligence on my own. Liberty health share - religious-based health insurance Side gigs - consistent theme from high performing growth mindset W2 employees who are not getting fulfillment at their bureaucratic day jobs. Interviews to follow in video... Please share this with friends because if you don't soon you won't have any friends to have mid-day lunch with when you not doing anything Interview 1: Michael - Financiallyalert.com Interview 2: Spendlessgreen.com Interview 3: Rocky from RicherSoul Podcast - http://richersoul.com/ep-0030-richer-soul-real-estate-mindsets-lane-kawaoka/ Interview 4: Alex - http://dailybs.com & nguonline.com
YouTube Link: https://youtu.be/rG5QlGF5so8Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Just got back from FinCon2018!What's that?A pretty impressive event. Its where 2000 financial bloggers, you-tubers, and podcasts this year gathered around all this money.In 2006, I started reading financial blogs. Sole of my favorite was getrichslowly, Wallet Hacks, and of course mr money mustache. FinCon started in 2011 with just a couple hundred people.Real estate investing is a minority. 95% of people are debt adverse and about the 4% rule. Buying cash so so debt. Living small is selfish? Make 150k a year and retire when you are 35...The Millionaire Next Door book is not the type of lifestyle I would like to live.A lot of financial advisors which I don't really like.I am cool with how it is enough to be happy and content.Other Findings:New investment account that incorporates mobile interfaces and suto-AI. Mint app has click to invest and banking apps have click to refi. It’s a little dangerous.A cool 5% instant liquidity online savings bank that invests in inventory loans. Let me know and I can connect you with that as I try to do more due diligence on my own.Liberty health share - religious-based health insuranceSide gigs - consistent theme from high performing growth mindset W2 employees who are not getting fulfillment at their bureaucratic day jobs.Interviews to follow in video...Please share this with friends because if you don't soon you won't have any friends to have mid-day lunch with when you not doing anythingInterview 1: Michael - Financiallyalert.comInterview 2: Spendlessgreen.comInterview 3: Rocky from RicherSoul Podcast - http://richersoul.com/ep-0030-richer-soul-real-estate-mindsets-lane-kawaoka/Interview 4: Alex - http://dailybs.com & nguonline.com See acast.com/privacy for privacy and opt-out information.
YouTube Link: https://youtu.be/SkY5izkbkoQArticle Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________I worked with Matt's team way back when in 2014 buying turnkeys. Simplepassivecashflow.com/turnkey Since then it is interesting as times change how his strategy has changed.We just completed the last deal for an Mobile home park. Which is a little different than apartments.Please leave an iTunes review - Help fight negative one-star reviewEarning $30,000/mo through single-family homes and seller-financed notes.Epic Real Estate started selling turnkey properties in 2009. Built successful portfolio, but returns lowering. However, real estate always a good purchase to buy and hold long-term.Amortization, depreciation, appreciation, and leverage (wealth multiplier) all make real estate investing attractive.Focusing more on lease options now for C- and D-class properties to rent properties and eventually sell them to tenant.Went from 7-figure year as a musician to bankrupt at 34. Found real estate mentor at grocery store and life changed.Real estate is the final frontier for the average person to have a legitimate shot a creating wealth.Paid $22,000 for mentorship in 2006. Everyone thought it was insane, but helped him get started.People who made it were ready for it. "Move faster than your doubts."Find the deal first and then the money will find you.Authored book "Do Over" that chronicled struggles and how he built his real estate empire.Be intentional with who you surround yourself with. Peer pressure works.Always be looking for a coach and outgrow them. Results accelerator.Spends $100,000/year on masterminds - worth being around the right people of doers.Goal was to increase passive income and decrease expenses. In 4 years became "retired," but wants to be wealthy; not just financially independent.Bookkeeper should be the first role you should outsource. Transaction coordinators and marketing person also helpful.Hardest part of the business is to find the deal and get into contract. Visit www.epicrealestateinvesting.com to check out the Epic Real Estate Investing Podcast. See acast.com/privacy for privacy and opt-out information.
YouTube Link: https://youtu.be/SkY5izkbkoQ Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ I worked with Matt's team way back when in 2014 buying turnkeys. Simplepassivecashflow.com/turnkey Since then it is interesting as times change how his strategy has changed. We just completed the last deal for an Mobile home park. Which is a little different than apartments. Please leave an iTunes review - Help fight negative one-star review
YouTube Link: https://youtu.be/vjMF0jYqpHg? sub_confirmation 1Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________SimplePassiveCashflow.com/qrpI have been having a lot of calls with listeners having exhausted their liquidity and have money in their 401K or IRA's still in Wall Street Investments.One of those ways to get the money out is via a QRP or Solo401K.Today's guest Damion Lupo with discussing - SimplePassiveCashflow.com/qrp to get a free copy of his bookI cashed out my 401k because I figured I was going to pay the taxes anyway and my tax load would be a lot higher in the future and I wanted access to my money before retirement age.Visit CrowdfundAloha.com - a website dedicated to helping hard-working middle-class people build real estate portfolios.$26 trillion in retirement plans. You have all sorts of money that can be tapped into, but fear holds you back.As an investor, Damion has purchased 150 houses in 7 states ($20 million portfolios).2008: went from $20 million to -$5 million. Had to start all over. Beyond money, find out your why. Read Simon Sinek "Find Your Why."Mission Statement: Free 1 million people from financial bondage.I.R.S takes 70% of the average person's money. The QRP (Qualified Retirement Plan): "The Ferrari of 401(k)'s."You probably haven't heard of QRP as Wall Street tends to control your stuff.QRP allows you invest in many real estate options (syndications, lands, rentals, apartments, commercial, international deals, HML, etc.).Total control, fixed fees, endless choices, and FAST with QRP v. Self-Directed IRA. 10X contributions and control with no custodian.SDIRA will lose 1/3 of profit as UDFI triggered. QRP - Roth has no UDFI - keep 100% profit. Can keep 401(k) at W-2 and sign up for QRP. Max contribution would be $55,000 in combined plans - $28,000 in the QRP.QRP can hold other non-real estate investments, such as gold, silver, Cryptocurrency, etc.Build-in credit line in a QRP. Up to $50K in cash. Investors, self-employed, and family members are all qualified.Properties you have or use right now cannot be placed moved in a QRP.To fund, can rollover any IRA, 401(k), +TSP, 403b, 457.66% people are worried about not having enough money for retirement.Free copy of QRP book at www.simplepassivecashflow.com/QRP See acast.com/privacy for privacy and opt-out information.
YouTube Link: https://youtu.be/vjMF0jYqpHg? sub_confirmation 1 Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ SimplePassiveCashflow.com/qrp I have been having a lot of calls with listeners having exhausted their liquidity and have money in their 401K or IRA's still in Wall Street Investments. One of those ways to get the money out is via a QRP or Solo401K. Today's guest Damion Lupo with discussing - SimplePassiveCashflow.com/qrp to get a free copy of his book I cashed out my 401k because I figured I was going to pay the taxes
Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Estate planning Guests I have are giving insights but always hire your own person because these things require personalization I try to bring guests on and ask the questions that I think you folks would ask. I believe you need to have a basic level of knowledge before engaging with a professional For those of you who are in the Mastermind and my current investors you will hear about my Fort Knox strategy w
YouTube Link: https://youtu.be/zaHW3_OEU8Y? sub_confirmation 1Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Estate planningGuests I have are giving insights but always hire your own person because these things require personalizationI try to bring guests on and ask the questions that I think you folks would ask. I believe you need to have a basic level of knowledge before engaging with a professionalFor those of you who are in the Mastermind and my current investors you will hear about my Fort Knox strategy which makes LLC enitites creation look like childs playEmail me any questions to feature on the next ask Lane podcast or monthly email newsletterAndrew L. Howell is the Co-Founder of the law firm, York Howell, with a focus on asset protection.Many useful tools out there, but where do you as an investor fall on the asset protection spectrum? Two fundamental risks: 1) Asset-based risks 2) Direct-based risksReal estate considered as "hot" assets because liability risks are greater - more than equity.Liabilities both inside and outside the asset.Typically form a holding company to hold limited liability companies to abate asset- and direct-based risks.Holding properties in one LLC basket is good, but still risks if something happens in one property.Concentrate on family protection first (trust, wills, etc.). Then move to next level of asset protection planning. If own property out-of-state, advise on setting up a parent LLC in states with charging-order protection.Tough LLC rules and taxes for poor California residents!Need to do your due diligence on reviewing PPM's - especially who you are doing business with.Asset does not create liability risk for LP's; only GP's.If you get personally sued, can go after your MFH syndications and other assets even as LP.6% of current generation feels obligated to give back to kids. Instead of giving, create a bank. Create purpose when setting up your trust.Please reach out to teamandrew@yorkhowell.com and visit www.yorkhowell.com. See acast.com/privacy for privacy and opt-out information.
YouTube Link: https://youtu.be/lvd9F9OmDI0? sub_confirmation 1Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Jake and Gino have a great podcast and definaetly fit in the category as guys who are growing and doing things rightLet’s work together to redirect money from the Wall-Street casinos and corrupt financial institutions…To help the endangered ‘Middle Class’ savers find safer, more profitable investments in Main Street opportunities benefiting local communities. Join Hui Deal Pipeline Club and check out the sSimplePassiveCashflow.co/missionGino Barbaro from Jackandgino.com who focuses on MFH real estate.Group owns 848 units valued at >$50 million. Expecting to go up this year. Took 5 years to get $25K-30K/month in passive cash flow. Fumbling around in the beginning with smaller cash flow amounts, but snowballs over time.Came from the corporate world to managing a family restaurant. 2008 transitioned to real estate to make better use of time outside of the kitchen.Highly recommend reading "The E-Myth" by Michael Gerber. Need a visionary, manager, and technician for any business.Believes you need a Connector, Executer, and the Backbone. Can't do all 3 - pick 1 or 2 and hire out.95% of blocks are internal. The rest are external. So, focusing on resolving limiting beliefs and get a life coach.Google Tony Robbin's 6 human needs. Have to continue to grow and contribute in a large way.Relocated to Florida and aiming to obtain $40K/month by end of this year.Have lifestyle work for his business; not his business work for his lifestyle.Becoming more efficient by hiring a VA and Digital Marketer for jackandgino.com. Wants to spread content and message; not work on menial tasks.Focus on 1 or 2 niches for real estate and become an expert at it. MFH has more barrier-to-entry v. stocks, crytocurrencies, etc. The more people in it, the less profit margin there will be.Share weekly successes. It's not bragging, it inspires people and surround yourself with the right people. Be present in the moment. When you're at work, with family, etc. focus on dealing with that situation.Visit www.jackandgino.com. Also on FB, LinkedIn, Twitter, and Instagram. E-mail works too: gino@jackandgino.com. See acast.com/privacy for privacy and opt-out information.
Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Jake and Gino have a great podcast and definaetly fit in the category as guys who are growing and doing things right Let’s work together to redirect money from the Wall-Street casinos and corrupt financial institutions…To help the endangered ‘Middle Class’ savers find safer, more profitable investments in Main Street opportunities benefiting local communities. Join Hui Deal Pipeline Club and check out the SimplePassiveCashflow.co/mission
YouTube Link: https://youtu.be/-ENcRI2LhuA? sub_confirmation 1Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Brian Hamrick is from Rental Property Owners Association (RPOA) and runs Rental Property Owner and Real Estate Investor Podcast.Currently owns 380 units, which cash flow makes 50% of W2 job salary.Paydays not only about cash flow. Cash out refi and syndication benefits once and twice a year exceed W2 job salary.Was sitting on cash waiting for next downturn. However, in past year, became a silent investor in commercial property, a NPN, and a self-storage facility.Expects rents to plateau in future, but not to 2008 levels.Started off investing in high-load tech funds, but bubble burst in early 2000's and stocks tanked.Rich Dad, Poor Dad inspired Brian to begin investing in real estate and obtain more control. California is cash-flow negative market, so looked at positive cash-flowing out-of-state markets.Transitioned to multi-family investing in 2008 for better scalability and profitability. As passive investor, focusing on leveraging partners' strengths for new passive investments.Down the road, looking at developing the "missing middle" properties (small MFH 2-10 units). Visit www.higinvestor.com to get in touch with Brian. See acast.com/privacy for privacy and opt-out information.
YouTube Link: ? sub_confirmation 1 Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Just got back from Korea after my first vacation for the year. I wrote an article that you can get access by signing up for the monthly newsletter or via the Hui Deal Pipeline club. Monthly updates and what I’m doing in my own investing Podcasts have been piling up and I realized the need to add some context to the introductions to highlight important items to look out for. Also to call out opinions I don’t really believe in.
Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Just got back from Korea after my first vacation for the year. I wrote an article that you can get access by signing up for the monthly newsletter or via the Hui Deal Pipeline club.Monthly updates and what I’m doing in my own investingPodcasts have been piling up and I realized the need to add some context to the introductions to highlight important items to look out for. Also to call out opinions I don’t really believe in.This podcast I had Brent Southerland what is a CFP but not one of those other quacks who get paid on commision and try to stuff you in whatever is most convenient or biggest paycheck for yourself.SimplePassiveCashflow.com/fpEnjoy and remember to go to SimplePassiveCashflow.com/club to join our investment clubBrent Sutherland is a CERTIFIED FINANCIAL PLANNER™ practitioner, with over 11 years experience in financial services. With stops in the corporate accounting and investment world, and now the boutique financial planning arena Brent has witnessed, firsthand, how the financial services industry has fashioned itself into an overly complex machine in an effort to cause confusion, encourage mistakes, and justify fees; all to better benefit its own bottom line. He believes there is a strong correlation between financial noise and financial mistakes which further delay one's personal financial success.Therefore, his objective is to help individuals turn off the noise and challenge the traditional approach to financial planning and thinking. In his experience as a financial advisor and personal finance enthusiast (+ early retirement advocate + semi-minimalist + real estate investor), Brent has found that most often the simplest solutions and some outside the box thinking will better help individuals on their way towards sitting firmly in the driver's seat of their own financial world.Why don't financial advisors advocate for real estate investing?Primary = Compensation conflicts of interestSecondary = Lack of education, so pose it as a risky assetSecondary = ERISA and how mutual funds came about with employer-sponsored 401kHow do FA make money? Similar to MLM? -- (Is this short for multi-level marketing?)Can tie this into the first topic above (compensation conflict, which is a primary reason why FA’s don’t discuss real estate investing)Hidden fees in even low got mutual funds?Transaction fees, Management fees (can be tiered based on assets), Loads (front-end, back-end), 12-b1 feesWhat tricks do FA use?Use of traditional planning items related to portfolio to justify: “security”, “diversification”Use of confusion terms related to portfolio to justify fees: “alpha”, “sharpe ratio”Use of graphics that show market returns (absent fees), but fail to discuss emotional impact on client and true returns normally witnessedThe importance of income diversification over portfolio diversificationIncome diversification protects against big risks: loss of job, market crash, injuryPortfolio diversification is important, but is a secondary risk. Savings is even more important.Why are paper assets more risky than hard assets?Always going to be demand for hard assets, especially real estate (living, production)Population trends are growing at an exponential rate, land and resources are notYou have more control over real estate; meanwhile the stock market is out of your handsWhy passive cash flow betters your odds of financial independenceGets you to the point where you’re truly secure and can have peace of mind. Not worried about your boss/job, and not worried about things going on the the world, country, state (etc) economies that are out of your control. You become the boss of your personal economy.Talk about your personal transition to direct ownership in Real estate and recovering from the lies?Seeing it work for other people, educating myself (independent of my traditional “education”), and finally making the move to buy my first property (after some analysis paralysis and fear)Proper planning techniques to access money tied up in your retirement accounts.First know the rules involved (traditional IRA/401k versus Roth IRA/401k), as you don’t want to just hand a big chunk to Uncle Sam in form of taxes and fees.Impact of cashing out plansStrategies to more efficiently free up that money and keeping more in your pocket (Roth conversions, Substantially Equal Periodic Payments (IRS Code 72t))What to look for in a FA?Want someone who is fee-only (hourly or per service) and planning focused. Someone who is focused solely on managing your money for a % fee is going to always have a biased interest in moving you towards a liquid/paper portfolio).Find someone who lines up with your values and interests. Never be afraid to interview multiple people and ask tough questions. Advisor should have conviction in what they do.Understand that a financial planner can be very valuable, as there is much more to financial planning than how you invest your money (insurance, estate, education needs all need to work in harmony with an investment plan to best meet a person’s financial goals), but imperative that that financial planner is on the same page as you.brent@ntellivest.com See acast.com/privacy for privacy and opt-out information.
YouTube Link: https://youtu.be/1N3wBAwPrfw? sub_confirmation 1 Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Partner with Multi-family Home (MFH) students to close first MFH deals.Passive Income became attractive after reading Rich Dad, Poor Dad.Opened pizza restaurants without mentor and lost 95% of net worth after 5 years.Realize can raise money for Real Estate. Flipped 30 houses in 2 1/2 year but still active work.Received passive mailbox money for first apartment in 2011 and never turned back.Combination of doing MFH deals and teaching/helping others is fulfilling.Stop being a drifter. Drifting keeps us from living an intentional life. Ongoing experiment to scale business while not lacking quality of deal.Transition from being focused on generating money to helping people become financial-free.Do first MFH deal and reduce living expenses to quit W-2 job. Momentum will build in subsequent deals. But first deal is always hardest.At peace with things out of your control.Be sensitive to where your business is to make right investments, such as virtual assistants, salary employees, etc.Smaller apartment deals (duplex) will kick off law of first deal. Don't need $30K to do first deal. Spend on education and raise capital and/or find deals in this seller's market.Controlling time is most important resource. Don't put ladder on wrong building. Visit www.themichaelblank.com to download free ebook about raising money for MFH apartments. See acast.com/privacy for privacy and opt-out information.
"YouTube Link: ? sub_confirmation 1 Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________ Partner with Multi-family Home (MFH) students to close first MFH deals. Passive Income became attractive after reading Rich Dad, Poor Dad. Opened pizza restaurants without mentor and lost 95% of net worth after 5 years. Realize can raise money for Real Estate. Flipped 30 houses in 2 1/2 year but still active work. Received passive mailbox money for first apartment in 2011 and never turned back. Combination of doing MFH deals and teaching/helpi
Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word ""ebook"" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Own an appreciated hard asset of half-acre turnkey coffee parcel titled under your name for less than $20K. Average annual return (IRR) +10% (proforma) calculated over 20 year period. Experienced operators including David Sewell all live in Panama and professionally manage coffee farms.$90 billion industry annual that is sustainable and growing demand with limited and declining supply worldwide.ICFC founded in Panama in 2014. Own and operate 10 specialty coffee farms in Boquete area.BCC in Belize founded in 2016. 3 fine flavor cacao farms. Just like wholesaling - except tenants are tree! Buy underperforming property, add value, and get investors to be a part of it. Gain legacy income with minimum of 5-7 year investment - preferably longer to mature and ""harvest"" extra rewards. International real estate, in your own name, is not reportable under FBAR or FATCA regulations. Asset does not currently require reporting to US government.ICFC reserves 20% of farm operating profits to provide bonus pool and improve lives of impoverished coffee farmers in Panama.3 group coffee farm tours every year (March, July, and November). Visit www.simplepassivecashflow.com/coffee for more pics/videos. E-mail Lane@simplepassivecashflow.com for special pricing. See acast.com/privacy for privacy and opt-out information.
Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347Download the FREE 2018 Rental Property Analyzer for free: https://simplepassivecashflow.activehosted.com/f/14Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! Here are the Show Notes: I started to a hobby to make Mead or fermented honey wine. It’s pretty healthy because of the good bacteria cultures. I started it because I needed to diversify from my Kombucha hobby because moving to Hawaii I was worried that there was going to be a fruit fly infestation that would wipe me out. Got to be diversified with multiple streams of income!Notebuyerbootcamp.com – Coupon Code “simplepassive”It’s been a busy month after wrapping up the closing on these two latest deals. If you are interested in the deal flow, make sure you are a part of our Hui Deal Pipeline Club.I recently met George Ross who came to speak to my Syndication Mastermind for a private dinner. If you have need the movie “The Founder” you know the lawyer had a very big impact to Ray Kroch. George was the legal counsel to Donald Trump during his rise and “retired” once he hard Trump was running for presidency. George He held court to the remaining 15 of us for 3 hours after dinner until midnight telling stories for the past. Very insightful to know that this man shaped the Trumps business sense.He is known as a master negotiator and he gave us the following relationship advice:“In marriage, I tell my wife that I make all the Major decisions and she can have the Minor decisions… In all my years of marriage, we have not had one Major decision come up.”The recently launched YouTube Channel just clocked in at 17,577 minutes or 293 hours or 36 working days. So there much be one person watching my content around the clock which on the clock. I need a little bit of a break and took the time to reflect back on how far I have come from 2009 and buying that first rental property. By the way remember to incorporate “play” into your day.The first twenty tips came from myself but after sharing the list and finding the other ex-cheapskates out there we have been slowly syndicating more and more bad ideas. Note: they are not in any particular order.Our parents will be so proud of us!If you want to add more, please email me and I will keep growing the list. And if you like I can add you initials at the end to cement your legacy.If you call me collect, I will not pick up!Money saving ideas for the shameless...Stack Mr. Rebates shopping portal and Groupon discount codes with gift cards purchased from eBay or Safeway with more gift cards and Mr Rebates shopping portal. To sign up go here: http://www.mrrebates.com?refid=413597Take a shower at work to save on utilities, water, and electricity – as a side benefit you go to the gym more often (do your 3S’s there, shit, shower, shave)If you work in a startup company that caters food, it’s a no brainer--- eat at work and bring food home. Maybe you can even befriend someone that works there and join them for lunch from time to time. For extra credit consider a life of “intermittent fasting” and totally binge at these free meals.Wash your car in the rain. No mineral deposits left while it dries. Video of me demonstrating this: https://youtu.be/kZkYnkXOI7QCostco leasing to own programBuy an Anker powerbank and charge it at work.Always take a pee before leaving for the day.Try to poop at the same time every day while at work… get paid to poop. Time is money and flushes cost 10 cents.There are soft drinks available at restaurants?Why are you eating at a sit down restaurant, you have to pay tip?If you must, order food to go and eat on the premises. Best of both worlds!Wear clothes with the tag on it and return it.Buy a snorkel from Costco to go to Hanama bay while visiting Hawaii to return it. Another Hui member caucions that on many electronics there is a 90 day return policy.Use an app like GasBuddy to find the cheapest gasoline station, better yet, double stack your Costco credit card (4% cash back on gasoline) and buy Costco gas.Cash flow, cash flow, cash flow. Also, see uncle Kohlers team for tax optimization (easily the single largest expense in your life) http://keystonecpa.com/~keystone/images/5_Cash_Flow_Strategies_for_RE_Investors_eBook.pdf This one is a bit morbid, but an important one. Set up a revocable living trust with your lawyer to avoid probate expenses following the death of your family membersSusie Orman’s advice - make coffee at home and save yourself the $5 Starbucks Vente frappucinoFAST (intermittently, not forever)! Skip breakfast daily (work yourself up gradually) and when you’re ready to get to the big leagues, attempt to fast for an entire day (no breakfast, lunch or dinner)Solar panels (maybe?)Free (coffee) money, this one’s really easy ($25/quarter or $100/yr) w/ BofA and Amazon http://www.magnifymoney.com/blog/consumer-watchdog/better-balance-rewards-cardMaximize and optimize what you’ve got BankPurely has a 1.30% APY since April (not sure if promo rate?) but most banks have 1.0+% (which is 10x the 0.1% APY rate given by most conventional brick and mortar banks like BofA, Chase, WellsFargo)https://www.depositaccounts.com/savings/Become an Uber driver or deliver post maters? (not a big fan)If you have a spare room not in use, AirBnB it from time to timeCheck out EventBrite or other social event platforms for free lunch/dinner/drinksInvestinAHP.com or email me for a few Burnzone book with your mailing addressBuy Mod Pizza’s mega salad for $11.27. Dinner for days!Paid online surveys (not a good use of time)Coupons (think http://www.freestufffinder.com/)Use www.bensbargains.com or slickdeals.net before buying anything onlineUse Honey or Ebates or other discount portals for Amazon/eBay or other internet purchases to save a few %Certain credit cards provide 5x bonuses (Chase Freedom has rotating categories) and Chase Business cards are good for auto-pay things like internet with extra bonus categoriesMake a Ghetto Latte at Starbucks and other funGrowing up in Hawaii where a gallon of milk is $8, I was taught to save money in strange ways. (I don’t drink milk)Some of those were pretty bad which develop into unhealthy money mindsets.Some downright unethical but hey if you are a cheapskate, own it!I don’t condone any of these tactics but look, it is no coincidence why you folks continuously have so much money to invest and pay your bills on time unlike 4 out 5 of my Birmingham rentals every month.Join the Hui Deal Pipeline Club! See acast.com/privacy for privacy and opt-out information.
YouTube Link: https://youtu.be/dSNwXUhxpLE Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Download the FREE 2018 Rental Property Analyzer for free: https://simplepassivecashflow.activehosted.com/f/14 Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! Here are the Show Notes: $480k horizontal income Podcast is not simple passive cashflow Used commissions to invest into real estate Started out trading tome for money, working 40 hours a week, and was left with a $100 every week Sold timeshare presentations Danny got 3-4 of these a day and was the leader at the time and Pat beat him Went to college and went to real estate sales where he is making commissions Discovered horizontal lines - bought SFHs and moved to apartments and other buildings/businesses Lost 2/3 of initial investment LTI - After you pay your bills - currently $200K a year Moving around current investments 18% lawyer loan, some private equity notes, apar
YouTube Link: https://youtu.be/dSNwXUhxpLEPlease help the show by leaving a review: http://getpodcast.reviews/id/1118795347Download the FREE 2018 Rental Property Analyzer for free: https://simplepassivecashflow.activehosted.com/f/14Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! Here are the Show Notes: $480k horizontal incomePodcast is not simple passive cashflowUsed commissions to invest into real estateStarted out trading tome for money, working 40 hours a week, and was left with a $100 every weekSold timeshare presentationsDanny got 3-4 of these a day and was the leader at the time and Pat beat himWent to college and went to real estate sales where he is making commissionsDiscovered horizontal lines - bought SFHs and moved to apartments and other buildings/businessesLost 2/3 of initial investment LTI - After you pay your bills - currently $200K a yearMoving around current investments18% lawyer loan, some private equity notes, apartment building syndicationCrossed over at age 46 to financial freedom numberWorks 3 days a week (Tuesday-Thursday)Chose to not work as much in 40sLook where the poor creative lives because that is where the transitioning area isRobert Kiyosaki says don't buy where there are craneAlchemist talks about the beginner's luck - Pat started investing in non-real estate investments in 2008 - 50-100K here and there and 50% of them failedRip and duplicate things that are workingReal estate rockstar podcast! See acast.com/privacy for privacy and opt-out information.
YouTube Video Link: https://youtu.be/aJ5lSoJoRK4 Youtube Audio Only Link: https://youtu.be/NWxFiWwXhrY Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Download the FREE 2018 Rental Property Analyzer for free: https://simplepassivecashflow.activehosted.com/f/14 Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! Here are the Show Notes: After Turnkey rentals I see people go into 1) Syndcaitions 2) BRRRS 3) Non performing notes 12/20/2016 - SPC034 - Jorge Newbery goes $28 million into the hole and the fight to get back to even - https://www.youtube.com/watch?v=Y1IN4BTvRPg&t 5/30/2017 - Non-Performing Notes w/ AHP Fund making 12% a year! - https://www.youtube.com/watch?v=ZvKue-rq4y8&t=2s What is performing notes and non performing notes Steps to get started What can you get from people or networking in note world NBBC Training How did you start to scale ahp where AHP succeeded and where we failed the importance of due d
YouTube Video Link: https://youtu.be/aJ5lSoJoRK4Youtube Audio Only Link: https://youtu.be/NWxFiWwXhrYPlease help the show by leaving a review: http://getpodcast.reviews/id/1118795347Download the FREE 2018 Rental Property Analyzer for free: https://simplepassivecashflow.activehosted.com/f/14Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! Here are the Show Notes: After Turnkey rentals I see people go into 1) Syndcaitions 2) BRRRS 3) Non performing notes12/20/2016 - SPC034 - Jorge Newbery goes $28 million into the hole and the fight to get back to even - https://www.youtube.com/watch?v=Y1IN4BTvRPg&t 5/30/2017 - Non-Performing Notes w/ AHP Fund making 12% a year! - https://www.youtube.com/watch?v=ZvKue-rq4y8&t=2sWhat is performing notes and non performing notesSteps to get startedWhat can you get from people or networking in note worldNBBC TrainingHow did you start to scale ahpwhere AHP succeeded and where we failedthe importance of due diligence - and how identifying trouble before you buy a loser is as important is buying winners What are a few specific things you do (sort the spreadsheet) and simple formulas for a quick and dirty analysis how to connect with real sellers willing to sell at real discountshow to build your note business with the maximum likelihood of successwhy the note-buying opportunity continues, and how to get ready for the next downturnwhat to expect when you start foreclosure or borrower files bankruptcyhow much to raise capitalthe value of contacts and relationships (AHP has taken years to build these up - and you can connect with them in two days)the overlooked value of servicing, collateral and recordinghow to maximize returns with fast, consensual resolutionschoosing a law firm: how to align interests and turn slow & costly into fast & cheaphow to get the most out of your servicerSign up for the email updates and investor goodies (spreadsheets, mindset hacks, and other files)https://simplepassivecashflow.activehosted.com/f/3Once you have gone through the majority of podcasts feel free to sign up for a chat - Also to get into my projects please setup a call because we need to have a pre-existing relationship.Setup a call here: https://calendly.com/simplepassivecashflow/20/SimplePassiveCashflow.com is for working professionals who are looking for diversification and better returns outside of traditional investments such as mutual funds and stocks. Check out my Free Resources Below:1) The Hui Deal Pipeline Club is a free investor club where I filter investments and underwrite the numbers and partners myself.. Unlike other investor lists and groups, my investors have personal access to me and know that I personally have skin in the game investing alongside with my investors. Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across:https://simplepassivecashflow.activehosted.com/f/3Mastermind Club: If you or someone you refer invests at least $50K into one of my future deals you will be invited to my exclusive Ali'i Mastermind with other 12-20 other serious investors to discuss deals and our own portfolios. For more details: SimplePassiveCashflow.com/mastermind 2) Join a Social Club: Seattle: https://www.facebook.com/groups/SPCHUISEA/ Hawaii: https://www.facebook.com/groups/SPCHUI808/ Portland: https://www.facebook.com/groups/SPCHUIPDX/ Bay Area: https://www.facebook.com/groups/SPCHUIBAY/ So Cal: https://www.facebook.com/groups/SPCHUISOCAL/ East Coast: https://www.facebook.com/groups/SPCHUIEAS/ Central USA: https://www.facebook.com/groups/SPCHUICUS/ 3) Subscribe to my podcast on iTunes or Google Play. Google Android Phones: https://playmusic.app.goo.gl/?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&apn=com.google.android.music&link=https://play.google.com/music/m/Iizwgws56nif7jllsr5zqk74gh4?t%3DSimple_Passive_Cashflow_Podcast%26pcampaignid%3DMKT-na-all-co-pr-mu-pod-16Apple iPhone: https://itunes.apple.com/us/podcast/simple-passive-cashflow-podcast/id1118795347?mt=2Youtube: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQStitcher: http://www.stitcher.com/podcast/lane-kawaoka/simplepassivecashflowcom-podcast4) Need a legal, insurance, Virtual assistant, CPA, or other referral?. Shoot me an email Lane@simplepassivecashflow.com with a short bio.5) Please leave a review for the podcast!http://getpodcast.reviews/id/11187953476) Coaching Program to get you to your first rental in 90 days!simplepassivecashflow.com/coaching 7) Summary of every Simple Passive Cashflow Podcast: https://docs.google.com/spreadsheets/d/1gJc_p0RCKUPlKRiF17FgtXvcIkvZS-iHjGNo8Vts3K0/edit?usp=sharing See acast.com/privacy for privacy and opt-out information.