Podcasts about W2

Today, we are joined by Steven Nguyen to talk about using direct mail. In five years he has scaled from zero to 90 units. While working a full-time job as a pharmacy director, and he's done it completely without partners and on his own.   [00:01 - 10:11] How to Scale a Direct Mail Campaign Stephen has been working as a pharmacy director for 10 years and has recently started scaling into real estate His strategy for scaling is to buy properties in areas where the rents are low and then value add them How Steven spends $3,000 a month on 300 handwritten letters to target mom and pop owners with deals underpriced by going direct to owner   [10:12 - 20:24] How Real Estate Investor Uses Outsourcing to Manage Large Portfolio He emphasizes the importance of delegating and trusting others, and views time as a precious commodity He shares that one of his goals is to scale his real estate portfolio to 300 units or more He uses Prop Stream to find a list of qualified candidates, and then sends personalized letters to those candidates   [20:25 - 19:37] Starting Multifamily Course He shares how he created a course called Making Multifamily Money He teaches people how to acquire multifamily properties using his Making Multifamily Money course Steven emphasizes the importance of asking questions during negotiations and stresses the importance of trust   [19:38 - 20:36] Closing Segment Reach out to Steven!  Links Below Final Words     Tweetable Quotes   “The more cash you get, the more you force the appreciation. So it's more in your control” - Steven Nguyen   “You have to be able to delegate and leverage other people and have trust in people.” - Steven Nguyen   -----------------------------------------------------------------------------   Connect with Steven! Follow Steven Nguyen on Instagram. Youtube: https://www.youtube.com/@stevendnguyen. Tiktok: https://www.tiktok.com/@makingmultifamilymoney   Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com     Want to read the full show notes of the episode? Check it out below:   [00:00:00] Steven Nguyen: Typically I send about 300 letters a month. I have about 3% response rate. So about maybe nine to 10 people will call me and add that 10, maybe one to two might be serious. So it's really a numbers game. And then on top of that it compounds cause sometimes people will call me to this day for letters I sent out almost a year and a half ago. Cause they throw it in a dresser and all of a sudden they find it. So, you know, because of that. You know, I shared my journey about direct mail campaigns and it almost came to the point where people were asking me, Hey, Steven, can you just do it for. So now I kind of do offer that service where I will do a direct mail campaign for people, and all they have to do is just pick up their phone. [00:00:50] Sam Wilson: Stephen Nguyen has scaled from zero to 90 units in five. While working a full-time job as a pharmacy director, and he's done it completely without partners and on his own. Steven, welcome to the show.  [00:01:02] Steven Nguyen: Hey Sam. Happy to be on and to share my journey. [00:01:05] Sam Wilson: Absolutely. Steven, I'm looking forward to this. There are three questions I ask every guest who comes in the show, and 90 seconds or less, can you tell me where did you start? Where are you now, and how did you get there?  [00:01:13] Steven Nguyen: So apparently I've been working full-time as a pharmacy director for about 10 years. When I graduated, I made two 50,000. I had two $50,000 of student debt. So out the gate I decided, wow, I'm two $50,000 in debt. Grinded for four or five years to pay off that student loan, which was humongous. But after I paid that off, I said, well, what's next? Right? I just paid off this massive student debt. So the natural progression was to start a single Family Oaks. So that's exactly what I did. I recently caught house hacking, so I bought a house with 10%. Lived in the master bedroom and I rented out the three other bedrooms that were vacant. So that was $3,000 a month. And from there, that covered my mortgage. So I just had to cover my property tax, insurance and utilities. So I was living for $1,500 a month in California, which is pretty good, uh, especially in like San Francisco area. And my goal was to do this one single family home a year for 10 years. And after year three, I quickly realized that this was not sustainable. In California, you don't cash. It's purely appreciation. You're lucky to break even despite self-managing. So once again, that was another sticking point. How do I scale from here and make more cash flow? That's when I learned about, uh, apartment complexes and started direct mentally campaign. So I sent out a bunch of letters to Oklahoma City, about 1800 letters, 300 a month for six months. From that direct mail campaign, I got my two first apartment complexes. I got a 26 unit in Oklahoma City and a 20 unit in Oklahoma within about six months of sending these letters out, and it just completely blew my mind. The moment I learned that apartments were based on the NOI divide by the market cap rate. Versus single family, it's based on the sales. Comparable, right? Or single family. It doesn't matter how much rent you get, you can get one single family. You can get 10,000. The one next door can get 5,000. They're both the same. But apartment complexes, the more income you have, you forced the appreciation, right? So you have cash flow, air appreciation. And once I learned that I, my mind was blown. I just said, you know what? I need to go to the apartments. And what was crazy was in Oklahoma, The apartment was $5,000 for my 26 unit and 350,000 for my 20 unit, and that's cheaper than a condo in California. Like literally a condo in California costs more of that. My single family homes were close to a million each, and I just said, wow. I gain more cash flow, it's cheaper, and after I do my value add strategy, I can double or triple the value by doubling or tripling the ribbon. So that's when I started to scale massively during Covid. So that started during 2021 when it was a hot real estate market. But because I did a direct billing campaign, I was able to get these deals off market and work as a directive owner and negotiate. And then from there it led me down the rabbit hole mobile home parks, where I basically started sending letters out to mobile home park owners and, and same thing, I was able to get a 200 lot mobile home park in Alabama. About 40, uh, lots occupied, 160 lots, uh, vacant. And you know, same thing I got for a million dollars or 1.1 and I was able to negotiate seller financing cuz the owner owned it free and clear. And I was able to build that trust and leverage my skills as a pharmacist. So I know that's pretty fast there, but that's kind of how I, I scaled from zero to 90 units in, in five years, starting off in single family home. And honestly in the past year and a. Um, that's when I bought, you know, my two apartment complexes and a mobile home part. So all my success was pretty recent, I'd say.  [00:04:44] Sam Wilson: That's awesome growth though. I mean, in a very short period of time. And especially being able to do it on your own, you know, without partners, that's that. There's a lot of moving pieces there. Direct mail gets a bad rap. Yeah. You know, it takes a lot of time to manage it. It takes a lot of money to send out the mail. Tell me about, I mean, just how you built the list. I mean, that in of itself is a bit of a feat in going, okay, how do we narrow this down into the most qualified candidates for whatever it is you're trying to acquire? Talk to us about the process.  [00:05:17] Steven Nguyen: Yeah, so for my direct mailing list, I use Prop Stream and there's a lot of, uh, multifamily criteria that you can use. Mm-hmm. You know, kind of off the top of my head, you can click on like commercial real estate multifamily, a hundred plus units, multifamily, five plus units, Garda style apartment. There's about 10 criteria points that I use, but the key is you want to find a sample listing on LoopNet and then put it into Prop Stream and see how they classify. Because sometimes each county and each state classifies it differently. And you know, I will say it's kind of an art, like no matter what list you get, there'll always be some inaccuracies. Like even when I sent my letters out, sometimes you have owners calling you duplexes, triplexes, fourplexes, as well as retail strip centers. That's just the nature of the beast. But you know, that's what my first step was the criteria but what kinda led me to my most success is making a very personalized letter. So my strategy's a bit different. I don't use a postcard. I actually send two envelopes, it's invitation size. So it's almost like a thank you card from a friend or family member. Right? And you know the name address is handwritten on the backside. Um, I put my address, and that's where I use my title. So I'm technically a doctor. I used Dr. Steven Dwin. You know, pharmacists are doctors. Not many people know that, right? Um, and then from there they opened up my letter. And in my letter I just kind of talk about myself. I don't come off as a big syndicator, a big corporation. I just said, Hey, I'm Steven, I'm a pharmacist. Been working for 10 years. I own X amount of real estate units and I'm just looking to buy some more real estate so I can provide for my family in the future. You know, just come a very casual, very low key, very humble, right? You know, I have this humbleness by scaling a 90 unit. I try to stay humble. Um, you know, my girlfriend helps me with that they always do. And. From there, you know, basically I just write, Hey, you know, I wanna buy, make an offer for your partner complex. I make it easy, simple, you know, the typical letters that come out there. Oh, and then, but the difference, what I do is I have, you know, hand write my name and signature and I write a call to action and written. So I'll write, Hey Sam, call me. This is my phone number. So, you know, this is kinda the strategy that I've honed by doing multiple direct mailing campaign. And typically I send about 300 letters a month. I have about 3% response rate. So about maybe nine to 10 people will call me and add that 10, maybe one to two might be serious. So it's really a numbers game. And then on top of that it compounds cuz sometimes people will call me to this day for letters I send out almost a year and a half ago. Wow. Cause they throw it in a dresser and all of a sudden they find it. So, you know, because. You know, I shared my journey about direct mail campaign and it almost came to the point where people were asking me, Hey Steven, can you just do it for me? So now I kind of do offer that service where I will do a direct mail campaign for people, and all they have to do is just pick up their phone. Respond to their texts, respond to an email. Cuz I know a lot of people are busy. Yeah, they have kids, families, elderly parents to take care of. But for me, I don't have that yet. So I'm just trying to help people out and get their first deal. Cause some of the deals that I bought were just insanely underpriced, by going direct to owner for sure.  [00:08:38] Sam Wilson: What is the process of handwriting each of those, I mean, that's a mind numbing process to write 300 handwritten letters especially if you're doing it for other people, how do you scale that?  [00:08:54] Steven Nguyen: So I actually tried my first myself. It took me eight hours to prepare 300 letters, but I actually outsourced my letters to a company, called Yell Letters Complete. Okay. And they will actually do the handwritten handwriting for you. So they'll hand write the address, they'll hand sign my name, and then they'll also hand write that call to action and also prepare the. Um, and the way I tell them to do it. So because of that, I'm able to kind of leverage a direct mailing campaign and then free myself at a time. Right? So, you know, it, it's, people can use that company as well, but even on top of that, some people feel it's overwhelming to like, send a list from Prop Stream as well as your letter template for them. Despite me teaching it, that's why people start reaching out to me, despite me, like basically telling people A through Z how to do a direct mailing campaign. They just still, it sounds very intimidating and it has a bad rap. As you mentioned, most people like to text an email. That's kinda the modern day. Yep. But because of that, direct mail is more effective, especially if you're trying to target a more, you know, mom and pop owner, which I do. Right. So it's highly effective for mom and pop owners. You know, I spent about $3,000 for my direct mailing. 1800 letters and that made me $300,000 equity day one, just my two apartment complexes. Wow. To be honest, that's a hundred x return on my money. Anyone will take that.  [00:10:08] Sam Wilson: I like those return profiles. That's not bad. So tell me, you spent $3,000 a month. that was 300 letters a month times six months. Yeah. And so then, so then you're basically at, what is that, a buck 50, A buck 75 a letter, roughly?  [00:10:27] Steven Nguyen: Yeah, it's about a dollar 50 a letter and prop is about a hundred bucks a month. So you know it's about 500 bucks a month, uh, to do your direct mailing campaign. And like I said, yeah.  [00:10:38] Sam Wilson: For a very targeted list. I mean, you know, I go back to, I mean, all the, all the, all the stuff I get in the mail, you know, for our house here, it's like right where I live, like, Hey, I'll buy your house. I'll buy, which, you know, there was a time in my real estate career when I did that too, and most of it's just the same thing over and over and over. I'm like, there is no differentiator between the one letter. You put it in the letter and you put it in an envelope, but it's still some, you know, pre-print. You know, we buy houses and then there's postcards. That's just all that stuff. Of course for me, I'm not looking to sell my house, but so I just throw it away. Mm-hmm. But I mean, I think that's why direct mail gets a bad rap, cuz it's all washrooms repeat the same product coming to the potential seller. And you found a unique way, unique way to scale that. How did you build, I know you said you used Prop Stream to build the list. What gave you, what gave you the idea? You know, pivoting and going after mobile home parks, especially, I mean, there's, it, it's a big country. How did Alabama and say, you know what, I'm gonna put this one in Alabama, one of my 300 potentials on the list.  [00:11:46] Steven Nguyen: Yeah. You know, for me, I was really focusing on the southeast, you know, kind of like more cash flow markets cuz I own single family homes in California. But I just wanted more cash flow. If you buy up apartments, the more cash you get, the more you force the appreciation. So it's more in your control. Like Oklahoma, if you buy a single family home, that thing only goes up 3% a year. At best. It's a steady Eddie market at best, but if I can, yeah, at best. Right. But, so I call it an unsexy market, but because of that, it's less competition. So I focus on small apartment complexes between five to 50 units and it's usually a mom and pop owner. And like I said, if I can get an apartment, my, my 26 unit, I got for half a million dollars. I negotiate $60,000 of seller repair credit during the hottest real estate market, and they appraise at seven 50,000 a day one. So that's $300,000 right there by me sending out a letter. And on top of that, the owner hasn't raised rents in five years, so I'm renovating all the units, eight to $10,000 per unit. New kitchen, new flooring, new paint, everything brand new, and I can effectively double the rent from. Three 50 to 700 and I've done that already. So my unit, so now my NOI has increased significantly. I think it'll be worth around 1.3 to 1.5 million due cash out re. At that point, you know, you pull all your down payment, all your renovation costs, plus extra money, and then you can buy another apartment complex. Right? So to me, that's why I started targeting that market. But what kind of led me to mobile home parks, honestly, like any real estate investor has shiny object syndrome. Um, you know, honestly, I am actually listing it for sale ironically. But for me, what I really liked about mobile home parks is it's affordable housing. Yeah. Like in my mind I just said, where could I. 50 acres of land, 200 lot mobile home park for $1.1 million. That's $6,000 per lot. It costs 20 to $30,000 just to build one lot in a mobile hom park. So if I, so I bought it, I knew I was buying it, right, and I was the type to, I kinda jump out the airplane first and figure my parachute on the way down. So I kinda did the same with my mobile home park where I started consuming a lot of podcasts. But I just kind of knew that like at some high level numbers, It was around maybe 30 units or 30 units occupied when I got it. If you can get, and I got for a million dollars, if you get to half, so that's a hundred unit lots filled, it's gonna be worth about 6 million. If it's all filled at 200, that's gonna be worth closer to 10 million. Wow. So I just said, I think I just need to get this park to a certain level, so I got to around 40-50. At that point, I think I can sell it for double. So now I'm engaging, you know, larger operators who can actually infill 160 lots and have a team infrastructure to do it. For me, I feel like I brought it as far as I could as just a single operator, and I just realized my limitation that in order to bring in like three to five homes per month and sell it or rent it out, you need boots on the ground. Like you need to be there with a. I think I just don't have the infrastructure, but maybe large syndicators do. Cause they usually have like regional managers and build teams that are built out. So they have the economies of skill and I feel like I don't have that currently. So, you know, for the right price, I'm willing to sell and then hopefully take that and scale my apartment portfolio of Oklahoma City. Cuz I have a really strong property manager, Oklahoma City. That's why I chose Oklahoma City and I know that I can easily scale. 200, 300 units easily and not even be stressed and still work full time. Right. Versus my mobile home park is taking about 80% of my time and energy and money right now, to be honest. So it was just kind of a lesson I learned, but I don't regret it. I mean, I learned quite a bit and in the future when I wanna do mobile home parks again, I know how to do it successfully.  [00:15:32] Sam Wilson: Right. That's really cool, Steven. I love that. And I love, I love the use of direct mail you've given, really the secret sauce. Thanks for breaking that down here. Yeah. On, on the show today. Talk to me. You have 40 pharmacists, you know, that work for you currently. I think at the hospital it's a lot of people to manage and, and like you said earlier, you know, time is your most precious asset and you're kind of, that's, it's not something you. You can't create more of it. Yes. Talk to me about outsourcing and leveraging and how you've effectively done that with your portfolio. [00:16:06] Steven Nguyen: Yeah. So, and as you alluded to, I manage about 40 pharmacists and, you know, pharmacists were very detail oriented and, and borderline oc d. That just comes with the profession. And a lot of people have a hard time delegating, but to me, you know, when you're running such a large hospital operation and running a large real estate portfolio, which translate, you have to be to delegate and leverage other people and have trust in people. If they can do something 70 to 80% as good as you, it's time to delegate it out. Right? And you gotta view your time on a per hour basis, right? Is it worth my time to do a letter, which costs me a dollar 52? You know, per letter, and it takes me eight hours to do it. I'm actually better off working at a pharmacy chef, for example, and I'll make more money and it'll cover that direct mailing campaign. But, you know, for me, um, the first person was finding my who, so they said, why do I choose Oklahoma City? The only reason I say is because I had a strong property manager there. Plain and simple. Nine outta 10 property managers are terrible, unfortunately, and it takes about three to six. to determine if they're good or not. You know, I have a very extensive interview process, and despite that, it's hit or miss. Mm-hmm. , it's almost like the NFL draft in the first round. It's, it's hit or miss. Right. And. So because of that, I, I built a system where I have multiple, I, I have my main property manager. I have two backups in case my first one does not perform, and I just go down my list, right? First one doesn't perform, I engage my second one, second one doesn't perform. I engage my third one. And you just go down. It's the same thing in the workforce, right? Like if you hire someone, they don't perform, what are you gonna do? You're, you're gonna give them warnings and then eventually bringing someone to replace them, right? Slowly, right? So it's the same, it's very translatable from a W2 to pharmacy. Then also, so number one, my property manager, right? So they take care of my renovation for me as well. So they typically serve as my property manager and my general contractor. If they don't do both, they can usually refer you to a general contractor that they use, right? So at that point, you're using your referrals, and then you do interview them to see if they fit your vision. So from there, if they do that, then you know, you try 'em out. But like you said, unfortunately, you don't know until you use them. Like everyone talks a great. When you're trying to give 'em a job or give them money, right? Whether that's property manager or con. So you just use it and then you test them and say, Hey, you know, I know I'm a small fish. I only own 26 units and you're gonna renovate it. But if you help me successfully renovate this and raise the income, I'm gonna buy more. And guess who's gonna manage the next one? Right? It's gonna be you and now I'll own two. After the same thing, raise the rents, cash out, refi. Now I own four. You know, so that's how you get that slow, slow compounding. So you just make it known that you wanna scale alongside with them. And also, you know, just be easy to work with. Like, this is a skill that I learned, you know, a lot of investors and business owners, unfortunately not easy to work with, but I try to be the easiest person to work with so that when they have a another owner that wants to sell, who do you think they bring the deal to? First, it's always, because they love working with me. I, I always say, well, what would you do? Like, how would you renovate this unit? You tell me, I'm, I'm in California, you're in Oklahoma City. You tell me how to renovate my apartment so that I can spend the least, like get the most rent while still looking very nice and very practical. Right. Right. So it's just, and then people feel appreciated when you do that for them. Cause a lot of people will come in and say, Hey, I want, you know, whatever, laminate flooring, granite countertops, but that might work in California, but Oklahoma, they don't, they don't need it. Right. Right. So, I, I. Trust and leverage your skills and experience and, and just know they may mess up. But as long as you learn and pivot for the next time, that's all that matters. So I, I just always kind of had that mindset where, you know, I'm able to leverage and, and same thing like with my direct mailing campaign, you know, I outsource that all. The only thing I have to do is pull up the data from Prop Stream, you know, send it over to the company that does it for me. I already have a copy and paste template that they have, and they've done something in my letters. They know exactly what I'm. So at that point, you know, it's pretty automated and if I wanna take it to the next level, I can hire a virtual assistant and, and they can do it for me too. But, you know, I'm not, not quite there yet, So, uh, but there's just ways to outsource yourself outta the job. Cause at the end of the day, you know, I buy a real estate to have time freedom and options, but if I'm bogged down with this like massive real estate portfolio that I'm managing myself, that that sounds miserable to me. For sure. For sure. So that's why like to outsource. [00:20:24] Sam Wilson: Yeah. I love where you said that.There's a great book on who, not how, which is, you know, that's music to my ears certainly. And I think I also like that the point there when you say, what would you do? Right? It's, I think that's really cool because putting, letting them do the thinking for you, and also probably they're gonna tell you things that you wouldn't have thought through. It's not that you're lazy, but it's, it's, it's just like, Hey, what would you do? How, how, how would you solve this problem? As opposed to you being the one that always have to think it through. Use your mental, your cognitive bandwidth, which is limited across this many properties, running a pharmacy, running the hospital, or the director of a pharmacy to the hospital. You've got a lot of things to think about. Let other people use their expertise and tell you what they do. I think that's really awesome. Last, uh, last question for you. One of the things that you have built in this process, Is a, what did you call it? I think we talked about this before we kicked the show off. Not your direct mail service, but you built a course, I think, around acquiring multifamily properties. [00:21:21] Steven Nguyen: Yeah, yeah. No thanks for that. So I created, it's called Making Multifamily Money. It's basically a course that has 120 modules and it basically just shares my journey and my experience about how I closed on an apartment complex from A through Z. Like I said, I literally did everything by myself from A through Z, right? So I created, I chose my market. I chose my property manager, I chose my direct mailing campaign. I chose my criteria for that. I create a system and a process, uh, to basically acquire off market apartment complexes that typically you negotiate directly with the owner. So I teach everything from A through Z, like how to pick a general contract, how to pick your insurance, how to manage a property manager, how to select your property manager. It's literally a through Z system. Just sharing my experiences and I felt I made a lot of mistakes throughout the past, like two, three years. Like, I'll be honest, I, I've. A hundred thousand dollars mistakes. But I hope to kind of condense that into a quick course for people to kinda learn and, and not make the same mistakes for me. Right. Because like me, I wish I had that opportunity where I could have paid money to basically learn and not make these hundred thousand dollars mistakes. Right. So, you know, that was kind of my intent and. It was funny, it just kind of started as me wanting to create it, uh, to provide to like my, my future kids one day. But whenever that happens I just say, Hey, you know what, let me just try to bring it out there and see if other people wanna learn. Cause like you said, some people just wanna know it's possible to scale large real estate portfolio that's 90 units plus while working full time. You know, most of the people in my position, you know, they're typically syndicators. That's their full time job. And so I just wanna kind share my story and, and kind of create that into educational content. You know, it's come, comes very natural for me. You know, I work at an academic hospital, so we teach a lot of pharmacy students, so it just came very organic to me. And I just kind of want to do that as well. And I kind of take the educational approach when, you know, talking with owners, honestly, like a lot of. You know, we start negotiating about price, it gets very tense. Sure. I'll just say like, Hey, can you educate me? You know, I'm here in California, you're the person that lives in Oklahoma City, like, what's a good price for this apartment complex? I literally ask that question like, what's a good price? And a lot of 'em are pretty surprised. A lot of 'em will just say, Hey, you make me an offer. Or they'll, or sometimes they'll gimme a price and one guy came and said, Hey, I want the task says, For the property. And I know out the gate if the tax and price is under market value. Right. Already Inly. Yeah. Yeah. So , so it's just asking that question. It builds that trust, but also it helps you learn because sometimes if I came at like, Hey, I wanna give you 600,000, but maybe they're okay with half a million, right? By me just asking the question, I saved a hundred thousand dollars. Like right now.Valuable questions, Yeah. That's the value questions. Right? And you know, like for me, I'm not, you know, I know what to do. So it's really the power of questions. That's funny. I can write a book about that [00:24:17] Sam Wilson: There you go, Steven. We'll look for that here in the next year after you get done, uh, you know, selling off your mobile home parks and everything else, the power of questions. Here's your, here's your title. You got your next project right there in front of you. Steven, thank you for taking the time to come on the show today. This was a blast learning about everything that you've done. Uh, I won't rehash it all here, but it's pretty cool. So I'm just glad to have you on the show today. Thanks for being so direct and. With us about your processes and just kind of how you do it. So that's been, that's been really refreshing and, and nice to hear. If our listeners wanna get in touch with you, learn more about your course and or your direct mail service, what is the best way to do that?  [00:24:53] Steven Nguyen: Yeah, so you can reach out to me at Steven Nguyen on YouTube and at making multifamily money on TikTok and Instagram. And once you find my social media, it has a link to my course. Um, it's published on Teachable and it's. Making multifamily money. And from there you can have access to my course, you can have access to my, uh, direct mailing campaign service. So there's three plans. There's bronze, silver, and gold. The bronze is just the course, the silver. I'll do six months of letters for you and the gold is I'll do 12 months letters for you. Cool. If it typically takes about six to 12 months to have that success, right. Of the direct mailing campaign.  [00:25:31] Sam Wilson: Yep. Absolutely. Steven, thank you so much. I certainly appreciate it. Have a great rest of your day. [00:25:37] Steven Nguyen: You too, Sam. Happy to share my journey and thank you for everything.  

Bronson Hill is the founder and CEO of Bronson Equity and has raised over $20M for real estate investments and is a general partner in over $150M worth of real estate around the US. In addition to his investment activities, Bronson is also the host of the Mailbox Money podcast.    Quote:  “When it comes to real estate, you either have time or you have money.”    Highlights:   04:20: The process Bronson used to quit his W2 job to be a full time investor 08:15: Unique ways to find mentors by finding voids in their business 10:10: How Reed is adapting to today's changing markets 14:55: Changes in rent growth in current conditions 16:45: How Reed uses health and fitness to stay at the top of his game 23:25: Reed's challenges during his most difficult deals   Guest Website: https://bronsonequity.com/    Recommended Resources:  Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

Each week, on Freedom Investor Friday, John will share his experiences and lessons learned on his journey to leave the W2 world and achieve financial freedom through real estate investing.

How do measure the success of your multifamily syndication business? Is it by the number of investors you were able to get, or is it by the number of tenants, or the low vacancy rate? There are different factors to consider to gauge the success of a multifamily deal, but Sandhya Seshadri measures it through their renewal rates.Sandhya is a returning guest on the show and today she talks about how you can improve your renewal rates. For Sandhya, making your tenants happy can give you advantages in many ways than you could ever think of. She emphasizes that for an operator to be successful, you have to consider what your tenants think of the property and it doesn't have to cost you much. Tune in now and find out how you can improve your renewal rates today!Key Points From This Episode: Sandhya talks about her journey into commercial real estate.Sandhya shares she realized early on that it's always the business folks who have the say on what to do and engineers just follow.Sandhya's big passion is to improve the communities that they built by hosting different activities.How does Sandhya improve the renewal rates in her apartments?How often does Sandhya hold events in her community and how involved is she with the planning?Sandhya's personal favorite event that they did in the community.What are the ways in which Sandhya and her team are finding ways to drive value to their investors?Sandhya gives emphasis on maximizing your in-house capabilities.The importance of asset managers paying close attention to the needs of the tenants.Sandhya shares that they are still able to get their pro forma rents across their properties.Where is the opportunity for growth in the next six to twelve months?Sandhya talks about the bridge loans that they have and her plans around them.Persistence led Snadhya to success in the commercial real estate space.Tweetables:“Once I became an investor, rather than just a W2 employee, that's when I really started seeing my money multiply.”“I stayed away from the 4 Ts (of real estate) – the tenants' toilets, trash, and termites of single-family rentals. And I heard about multifamily, like really large-scale 100-doors kind of deals, where you could employ third-party property management to do all the work for you. And that just made a lot of sense.”“Find ways to add value to residents and what they're willing to pay for.”“There's always a path. And if someone else's path doesn't work for you, you carve your own.”Links Mentioned in Today's Episode:Sandhya Seshadri on LinkedInMultifamily For You websiteWS411: Why Mindset Matters with Sandhya SeshadriAbout Sandhya SeshadriSandhya Seshadri is an experienced general partner in all aspects of multifamily from broker relationships, underwriting, analysis, and raising capital to closing syndication deals without delays.Sandhya is a hands-on Operator with a strong focus on asset management after the honeymoon is over to add value to the two different customers in apartment investing who are the Limited Partners as well as Multifamily residents.  Sandhya is invested in 4000+ doors with $140MM+ AUM.In her former life, Sandhya used to actively trade stocks and she has worked for 12+ years at a Fortune 500 company in Dallas, managing $80M projects with budgets in excess of $28M.  Sandhya holds a BS and MS in Electrical Engineering as well as an MBA.

We've talked about finances a lot this year and a lot of that was prioritizing and figuring out how to discover what it is that you need in order to retire with Freedom Through Passive Income, which is what our mission and passion has been about all year long. Download your Free Private Lending Report here: www.freedomcapitalinvestments.com/lendingDownload your Freedom # worksheet here:  www.freedomcapitalinvestments.com/worksheetClick on the Social Media links:  www.facebook.com/groups/freedomthroughpassiveincomewww.linkedin.com/groups/14048250—————————————————————————Today, we want to share financial priorities from both personal and professional perspectives. From the professional standpoint, we need to ensure that we have the cash flow for generations, operations and debt obligations. We need to understand owner compensation.  For us, as non-W2 employees, we arranged to be compensated by guaranteed payments as we understood that a growing company may not be profitable for some time. Equity partnerships need to be established within a tiered structure of payments to our staff and investors. Bank or lender requirements are a critical factor to consider beyond the aforementioned debt obligations and need to be considered if they fall beyond the score of level one debt. Tax minimization is the final thing to discuss as we need to have a profitable business before we can consider reducing our tax burden and how to legally pay the minimum taxes possible. Always consult a tax professional regarding tax minimization! When we talk about financial priorities from a personal perspective the number one item is to pay yourself first. The second important item is to divide your pay into buckets.  This means to ensure that your pay is distributed to prioritized expense buckets. For example, you need to determine your required living expenses, car payments, charitable donations, vacation fund and savings needs. It is critical to create a plan for financial priorities. If you need assistance in creating a plan to help grow your income, manage expenses or assistance in helping to create a path to financial success, our team can help and we encourage you to reach out to us. We believe that real estate is a high return vehicle with stability, safety and lower risk.Join our groups on Facebook and LinkedIn.www.facebook.com/groups/freedomthroughpassiveincomewww.linkedin.com/groups/14048250www.FreedomCapitalInvestments.comInvest Smart.  Live Happy.—————————————————————————Connect with us here:FB personal pageswww.facebook.com/Flipsterwww.facebook.com/dani.lynn.robisonLinkedIn personal pageswww.linkedin.com/in/fliprobisonwww.linkedin.com/in/danilynnrobisonInstagram personal pageswww.instagram.com/fliprobisonwww.instagram.com/danilynn23TikTok  personal pageswww.tiktok.com/@danilynnrobisonwww.tiktok.com/@fliprobison

Hey Small Business Owners! In this episode, we're going to be talking about what you need to do in order to prepare for the end of the year. Specifically, we're going to be discussing things like salary calculation, charitable contributions, recordkeeping, and maximizing deductions.  Make sure you're doing your homework and getting ready for the end of the year.[00:00] Small Business Tax Tips for Year End• If you're taxed as an S corporation, make sure you're taking a reasonable salary and paying self-employed health insurance premiums.• Before December 31st, be sure to review your year-end tax strategies, including yearend salary and health insurance deductions.• Make sure your payroll provider is aware of any changes to your self-employed health insurance premiums.[04:04] Underlooked Strategies to Increase Deductions• There are specific things that an accountable plan must include in order to be considered valid, such as adding health insurance to your W2 and finalizing reimbursements.• Maximizing deductions can include trading business purchases for tax breaks, but only if the purchase is necessary for the business.• Hiring family members in your business can be a great way to reduce taxes and support them at the same time.[07:44] How to Maximize Business Deductions and Write-Offs• Mike reminds us of some key points to remember before year-end, including establishing or funding a retirement plan and taking care of business gifts.[11:12] Ways to Prepare your Bookkeeping• Make sure you're completing any charitable contributions of either cash or property or goods.• Remember to take advantage of charitable deductions if you're not itemizing, and to complete your bookkeeping up to date.• Start to file various tax documents and receipts as you receive them.[14:51] Essential Planning for Filing Taxes• Make sure you're paying a reasonable salary before year-end. This salary needs to be completed before year-end.• If you're thinking about funding a set IRA or a solo 401k, make sure you're factoring that into your salary calculation.[18:09] Closing Segment• Final wordsKey Quotes“When we talk about maximizing deductions, we're not necessarily talking about going out and buying things you don't need. But rather, we're talking about how can we move after-tax spending money that you're already spending.” – Mike JesowshekResources MentionedBlog Posts: https://www.taxsavingspodcast.com/blog/what-is-a-reasonable-compensation-for-an-s-corporation-ownerhttps://www.taxsavingspodcast.com/blog/how-does-the-deduction-for-self-employed-health-insurance-workhttps://www.taxsavingspodcast.com/blog/why-should-i-hire-my-kids-in-my-business https://www.taxsavingspodcast.com/blog/how-can-i-maximize-business-deductions-and-write-offs-------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax IncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsa

WWE RAW 11/28/22 live results, highlights, recap, review as Miz vs Dexter Lumis! The OC vs Judgement Day one last time! Headlines and more on this 11th Anniversary show hosted by 411MANIA.COM reporter and columnist Lee Sanders.-Has it really been 11 years already?-Thoughts are with Mickie James who lost her brother and niece in a car accident-AEW DARK Elevation preview-Enjoying the last cup of coffee from Highest Ground Coffee-WWE RAW 11/28/22 recap and takeaways-Is Ronda Rousey really that bad and needs to be fired?-Now Kevin Patrick is someone fans should be up in arms about-Metallica announces new album, music video, and 2023 tour-AEW Dynamite preview-LOADS MORE===SUPPORT OUR SPONSORS BELOW AS THEY SUPPORT THIS SHOW===RELIEFREFUND VIA https://www.reliefrefund.com/ The US government has instituted a Covid relief program for most businesses with W2 employees. 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Lucas lives in Austin, TX. His story includes graduating with a social work degree, working as a counselor with homeless youth, backpacking/volunteering in Central & South America for 1.5years and a half decade as a Director of Marketing in the healthcare industry. He eventually realized he could mix his two passions, helping people and traveling. June of 2021, Lucas left his W2 to launch a Vacation Rental Management Company (Five Star Vacation Home Rentals). Lucas is now able to help provide 5-star experiences and memories to travelers and families at 20 within Central Texas. Lucas is a leader in the short-term rental industry and loves mentoring and helping others on the path of financial freedom through real estate and vacation rentals. He is a competitor, competing nationally in a number of fitness comps. He is an adventurer, always looking for the next bucklist adventure. And most importantly, he is a family man.   Get to know more about Lucas: www.fivestarvhr.com IG: @fivestarvhr   If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/   Artist: http://audionautix.com/    Powered by www.podcastproducer.com 

In the hundred-and-thirteenth episode of Collecting Real Estate, we interviewed Tim Vitale of Upside Capital.Tim Vitale is the Managing Partner of Upside Capital based out of Wilmington, NC. He spent 10 years in the corporate finance world and achieved the ranking AVP of Finance for a F500 Insurance Company prior to leaving his W2 life to pursue real estate full time. He specializes in underwriting, analysis, and budgeting. Tim was born into a real estate family, owns rental property in the Charlotte area, and syndicates apartments throughout the Southeast USA Markets.Tim runs his own Facebook group Makin' Moves in Multifamily in which he provides value to other investors and syndicators through educational and inspirational Facebook events and posts. He is also an Admin and Moderator for the My First Million in Multifamily Facebook group.https://mmimf.com/ 

Devin Elder is the principal of DJE Texas Management Group, a very big multifamily investing operation in San Antonio, Texas, that has managed all aspects of the acquisition, repositioning and disposition of over 250 real estate projects.Devin also has other avenues of business, he's done some land deals, he's doing some flex industrial and he's got a coaching program that teaches people how to buy multifamily assets.In today's episode of the Passive Wealth Principles podcast, Jake Harris will have an insightful conversation with Devin abo how he built his business, how he exited his W-2 income and how he started to systematize his success.You will learn more about how Jake and Devin first met at a GoBundance event and what were some of the action steps that Devin took away from this meeting.You will find out how and why Devin decided to leave his W2 job and what were some of the first steps that took him to a successful business.Devin will also talk about the importance of delegating and how to delegate effectively.He will share how he started his journey into the multifamily investing space and will reveal some of the pain points and challenges he encountered along the way and the lessons he learned from them.He will also talk about his Bitcoin near billionaire status, will share some of the systems that he has put in place to unlock more time freedom, his goals and vision for the next 3 years and so much more.Listen now and enjoy!What You'll Learn in this Show: How Devin left his W2 job and what were some of the first steps that took him to a successful businessThe importance of delegating and how to delegate effectively How Devin started his journey into the multifamily investing spaceDevin's pain points and challenges along the way and the lessons he learnedAbout Devin's Bitcoin near billionaire status What are Devin's goals and vision for the next 3 yearsAnd so much more...Resources:Catchknives.com Books:The Bitcoin Standard: The Decentralized Alternative to Central Banking The Fiat Standard: The Debt Slavery Alternative to Human CivilizationOversubscribed: How To Get People Lining Up To Do Business With You

Curious about what will happen if you leave your high-paying W2 job? Lane Kawaoka guested in the W2 Prison Break Show. He told his story of how he fired his boss (by quitting his high-paying W2 job), prepared for it (establishing passive income), and is living his life right now as a legit real estate investor. Join other real estate investors and us. Visit https://simplepassivecashflow.com/club

Robert T. was terrified to walk away from his highly successful property management career and corner office to be an independent real estate investor and entrepreneur but realizing his maxed out 401(k) would never be enough for him to retire, he joined Lifestyles Unlimited in 2017 and tells Al Gordon how he replaced his W2 salary with Multifamily real estate investments and RETIRED in 3 YEARS! Click to Listen Now

Curious about what will happen if you leave your high-paying W2 job?Lane Kawaoka guested in the W2 Prison Break Show. He told his story of how he fired his boss (by quitting his high-paying W2 job), prepared for it (establishing passive income), and is living his life right now as a legit real estate investor. Join other real estate investors and us. Visit https://simplepassivecashflow.com/club Hosted on Acast. See acast.com/privacy for more information.

A significant factor in success or failure is our mindset. However, in order to succeed, you do not always need to "hustle." The reality of life is that we all believe we must adopt the same mindset as those gurus or others whose influence we allow in our daily lives. People who say, "To be successful, you must hustle" must stop being heard. You are not working if you do not hustle.If you're like me before, working more than 60 hours a week, taking care of my kids, and building a business at night. You are headed for Burnoutville, home to millions of people.  In this episode of the Quiet Wealth we'll talk about . How to Stop the Hustle Mentality. Get Ready to build & share the wealth, let's Dive in.In this Episode: [00:00 - 04:23] • Welcome to the Quiet Wealth Podcast, My younger self who loved to hustle before would have been annoyed seeing me today.  • The importance of downtime. Taking breaks and getting those "AHA" moments that you badly need.    [04:25 - 09:10]  • Reasons why taking a break can create the success you're looking for.• #1 You get more creative.   • #2 It improves morale. • #3  It increases productivity.  • #4  It can create success in that it prevents burnout and improves your health.   [09:11 - 10:12] • Bonus tip, See you on the next Episode.  Build Wealth |  Create Impact | Leave A Legacy Tweetable Quote: "A tired entrepreneur is not a creative entrepreneur." -Camilla Jeffs HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts and across other platforms! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Interested in learning about even more side gigs? Grab my FREE list of 20 Next-Level Side Gigs! https://steadystreaminvestments.com/20-next-level-side-gigs/   Ready to make your side gig a full time gig but don't want to do it on your own? Sign up for my VIP waitlist for my course W2'er to Entrepreneur and take the guessing out of leaving your corporate job!https://steadystreaminvestments.com/w2er-to-entrepreneur/  Follow us onhttps://www.facebook.com/steadystreaminvestmentshttps://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQhttps://www.linkedin.com/company/steady-stream-investments NEW TO THE SHOW?Browse through all of our episodes herehttps://steadystreaminvestments.com/podcastP.S. We at the Quiet Wealth Podcast are excited you're here!

Greg and Darren welcome Jeff Davis to The Road to 500 series. By the time an investor has reached 500 units, they are in a place where systems are set up, refined, and working well. Lessons have been learned and applied, and momentum is carrying them forward. We are tapping to these investors to share their knowledge to help you get to, and past, your first 500. Jeff shares some insights into how he has achieved the success he has in the multifamily space. Capital raising is his main role, and he has leveraged his W2 work and calls himself, the Supply Chain Investor. The conversation includes not only Jeff's journey, but also covers supply chain issues, touches on inflation and Jeff throwing some questions Greg and Darren's way. About Our Guest & Their Contact Info:Multifamilyadvice.comJeff moved from New Orleans to Houston after Hurricane Katrina and found work as a data entry clerk behind the desk as a logistics company. He began working on solving problems for customers and soon found himself regularly in customer facing meeting helping sales people close deals. Eventually he became a sales rep for a lard Fortune 200 Global Logistics firm where he has continued helping clients to this day. He invested his commissions in real estate since 2015 so his “commissions could earn commissions” and scaled to over 1200 units in less than a year. Jeff has seen the benefits of how real estate can help grow net worth and wants to help others do the same.Real Wealth Solutions Report Sign Up & Contact Infohttps://bit.ly/RWSReportRealWealth.Solutions Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it. - Greg, Darren & KimReal Wealth Solutions Report Sign Up & Contact Infohttps://bit.ly/RWSReportRealWealth.Solutions

In this episode, we get creative about: Calculating what your time is worth, and using that as a guide for delegation!   Resources + Links: Tag us on Instagram with a takeaway from this episode!   Follow Jesse on Instagram | @thejessemills   Text TIPS to 612-662-6629 for more cash flow tips like this!   Learn more ways to create cash flow on Jesse's website https://www.thejessemills.com/home   Subscribe to The Creative Cash Flow Show on Youtube Show Notes: When was the last time you calculated what your time is worth? If you work a W2 job you may know your hourly rate, but if you have other streams of income or you're an entrepreneur have you taken the time to know what your true hourly rate is? In this episode, I share how to calculate your hourly rate, including the amount of time off you'd like to take per year! Time and money freedom is the goal, and one of the best ways you can get there is by focusing on the tasks only you can do, and delegating the rest! Tune in to know how to calculate your hourly rate so you can use that as a guide when making decisions on what to delegate!   01:40 Have you identified what your time is worth? 03:00 How to calculate your hourly rate as an entrepreneur. 06:30 Planning the amount of time you want to take off during the year. 09:45 How to decide what you should delegate. 11:00 How often do you check in on which activities are the highest use of your time?

Casey Meyeres is a Tax Partner with ProVision serving successful business owners, entrepreneurs, professionals, and investors with tax and wealth planning to help achieve their goal of financial freedom.   With over 24 years of experience in public accounting, ranging from tax and audit compliance and consulting for a broad range of public and privately held companies, business owners, and high net worth individuals.   The tax season is coming up and you're looking for ways to save on taxes? This episode is for you! With Casey's comprehensive knowledge of different industries, you will be able to find which strategy works best with potential investments in order to lower those pesky bills you receive from Uncle Sam every year.    Casey takes you through the ins and outs of tax strategies to help you save money. He provides detailed information about how depreciation impacts your wealth's bottom line, as well as what steps are next for those interested in exploring this avenue - tax efficiency!    With the wealth of opportunities available to W2 employees, it's easy for side hustlers and entrepreneurs alike. As long as you have that entrepreneurial spirit Casey is there with a helping hand! Tune in now and don't miss out on this amazing episode.    In this episode we discuss:    Casey's background and wealth journey.  Casey's wealth strategy and how it has worked for him.  Tax strategies for investing in oil & gas. Bonus depreciation and other advanced tax strategies. Creating a side hustle as part of your tax strategy. Casey's biggest wealth strategy advice for tax efficiency.     Connect with Casey Meyeres:  www.provisionwealth.com   Call: 480-467-4400   Connect with Pantheon Investments:    Join the Pantheon Investor Club: https://pantheoninvest.com/investor-signup/  Website: www.pantheoninvest.com  Podcast: www.pantheoninvest.com/podcast  Facebook: https://www.facebook.com/PantheonInvest  Instagram: www.instagram.com/pantheoninvest  LinkedIn: https://www.linkedin.com/company/pantheon-invest  Twitter: https://twitter.com/Pantheon_Invest   Youtube: https://www.youtube.com/channel/UC8EsPFlwQUpMXgRMvrmbAfQ  Holistic Wealth Strategy Book:https://www.amazon.com/Holistic-Wealth-Strategy-Roadmap-Financial/dp/B089CS58F1  Email: info@pantheoninvest.com  

Looking for other ways to create income than traditional savings accounts to fund an early retirement to escape the W2 life, Adam and Amy kept coming back to real estate but were lost on how to get started. Following in their friends' footsteps, they joined Lifestyles Unlimited in December of 2021 and tell Mike Harrison how they became passive investors in 753 Multifamily units in 1 year! Click to Listen Now

In this episode of Quiet Wealth our special guest Julie  Holly shares how she helped people like you find their freedom through multifamily real estate investing so that they can live the life of their dreams! Get Ready to build & share the wealth, let's Dive in.Julie is a speaker and founder of Three Keys Investment, which helps people like you find their freedom through multifamily real estate investing so that they can live the life of their dreams! She has invested in single-family homes, house-hacked before it had a name, managed properties from 1k miles away, and passively invested in multifamily assets. Currently, Julie is passively invested in nearly 300 doors, strategically partnered in 68 Atlanta based, and a general partner in 387 units.Julie's care for the financial well-being of investors as well as her experience as a public school teacher, and her ability to relate with people allow her to raise capital for the team's offering. She regularly speaks at national events, serves clients as a high-performance coach, and runs the Five Week Book & Networking Club to consciously support people.In this Episode: [00:00 - 03:24] • We Welcome Julie Holly to the Quiet Wealth Podcast. Julie's Definition of wealth. Conquer the basic tools and then move on to the power tools to do more. [03:44 - 12:49] • Her transition from being an employee to an entrepreneur. Bridging the gap between having one source of income and becoming an entrepreneur. Walmart shut down her store and had a credit card debt of $126,000.[13:54 - 30:12] • Her three months into real estate investing and what she did to set herself up for success?  Hiring your performance coach? What it is and what do they do? What Julie saw in me that I needed to work through to be where am I today.• How she fell in love with being a high-performance coach?[30:15 - 15:28] • Julie's new framework to help you find your purpose. • A special discount to all of our listeners access through Julie's high-performance coaching. Joining Julie's book club for FREE. See you on the next Episode. Build Wealth |  Create Impact | Leave A LegacyTweetable Quote: "We all have a vision within us. We all have the capacity within us. And like a garden hose that is kinked. Sometimes we have kinks and we just are not flowing. A high-performance coach really supports people in un-kinking that hose so that their vision and their purpose can just simply flow freely and they can, and then just things are smooth." -Julie HollyConnect with Julie Hollyhttps://linktr.ee/juliehollyInterested in learning about even more side gigs? Grab my FREE list of 20 Next-Level Side Gigs! https://steadystreaminvestments.com/20-next-level-side-gigs/Ready to make your side gig a full-time gig but don't want to do it on your own? Sign up for my VIP waitlist for my course W2'er to Entrepreneur and take the guessing out of leaving your corporate job!https://steadystreaminvestments.com/w2er-to-entrepreneur/ Follow us athttps://www.facebook.com/steadystreaminvestmentshttps://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQhttps://www.linkedin.com/company/steady-stream-investmentsNEW TO THE SHOW?Browse through all of our episodes herehttps://steadystreaminvestments.com/podcastP.S. We at the Quiet Wealth Podcast are excited you're here!

What you have been taught, what you have personally experienced, and what other people have experienced in the past are the 3 main components making up your belief system…but you might still be missing life-changing information. Del Walmsley works through several emails from members re-writing their programming from W2 mindsets of dependency to personal financial freedom. Click to Listen Now

Being a successful entrepreneur is a common goal for many business owners. However, the reality is usually much more complicated - and whether you run a small or large business makes no difference.Some start their own businesses to achieve that ideal target, some succeed, and many keep the idea in mind while focusing on daily routines that keep them far too busy day after day, week after week, month after month... In this episode of Quiet Wealth, I will help you figure out how to get to the successful part of that dream and allow you to master your first 2 weeks as an entrepreneur making the most of your time, money, and effort. Get Ready to build & share the wealth, let's Dive in.  [00:00 - 02:27] • Welcome to the Quiet Wealth Podcast, what is "White space panic" • How did I feel better about becoming an entrepreneur?[02:31 - 05:54] •Make regular planning a habit. Keep it simple.• Having a daily planning ritual together with a weekly planning session is a MUST.   [05:56 - 10:13] • A walkthrough of what my daily and weekly plan looks like. • Schedule your goal-oriented tasks, Pick ONE BIG task per day. [10:27 - 11:11] •  How to exit your job in a less stressful way and develop a great start on a solid foundation to becoming a successful entrepreneur. That is the goal., See you on the next Episode. Build Wealth |  Create Impact | Leave A Legacy Tweetable Quote:  "Most of us are not motivated to do what we need to do. You cannot wait for motivation or inspiration to strike you. You have to act first, and then motivation follows." -Camilla JeffsHELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts and across other platforms! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!Interested in learning about even more side gigs? Grab my FREE list of 20 Next-Level Side Gigs! https://steadystreaminvestments.com/20-next-level-side-gigs/  Ready to make your side gig a full time gig but don't want to do it on your own? Sign up for my VIP waitlist for my course W2'er to Entrepreneur and take the guessing out of leaving your corporate job!https://steadystreaminvestments.com/w2er-to-entrepreneur/    Follow us onhttps://www.facebook.com/steadystreaminvestmentshttps://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQhttps://www.linkedin.com/company/steady-stream-investments NEW TO THE SHOW?Browse through all of our episodes herehttps://steadystreaminvestments.com/podcastP.S. We at the Quiet Wealth Podcast are excited you're here!

Each week, on Freedom Investor Friday, John will share his experiences and lessons learned on his journey to leave the W2 world and achieve financial freedom through real estate investing.

Hopefully I'm not alone in this not getting my food from Walmart delivery two days straight! Thanksgiving NFL pick up week 12 predictionsWow it's official days before a holiday deliveries from Walmart will be terrible had to cancel the first one though it was a fluke then gave them benefit of a doubt nope today delayed yet again! I don't want to hear about Thanksgiving excuse! Why the hell would they even have delivery optionsERC know someone who owns a business?Do you have a friend or family member or anyone who owns a business and have 2 or more W2 employees? Want to get paid for sharing about the ERC ? Then join me and spread the word let's help business recover they can get 26,000 pre employee and you can get a great commissions so join today it's free to join.https://ercfilenow.com/signup/bigdcountry Become a member at https://plus.acast.com/s/thebigdzoe. Hosted on Acast. See acast.com/privacy for more information.

From a W2 job to real estate, Zach Quick did not experience success right at first. Although he owned an apartment complex and a few other multifamily properties, during a family vacation a drove by a striking self storage facility caught his attention. After some research he sold his rental apartments, started investing in self storage facilities, and the rest is history. 

We all need to think about very carefully to prevent us from comparing ourselves, because then that can make us not grateful for what we actually have accomplished already.  In this episode, we have Nicole Pendergrass. She is a wife, mom, full time W2 employee and real estate entrepreneur, with current multifamily holdings along the East Coast. She started her investing journey with no money, no credit and no connections but through taking action and pushing through obstacles, she built her credit and savings to finally purchase a 3 family house-hack. Leveraging mentorships, she systematically grew her portfolio and networth by redirecting her equity and retirement account into purchasing more multifamily properties. Experiencing the power of multifamily led her on a mission to help others experience the same. With two toddlers in tow, she founded her REI company, Noirvest Holdings, with the mission to close the gap by helping minority professionals build wealth passively by investing into 'privileged' multifamily cash-flowing assets. She loves reading, growth and personal development and hosts a free book club which meets weekly to discuss personal and business development oriented-books. In her downtime you can find her watching Teenage Mutant Ninja Turtles, Kids YouTube or playing games with her daughters.   Nicole loves connecting with like-minded individuals and believes we all should have access and opportunity to live with abundance.   Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!     [00:01 - 04:44] How to Reflect on Your Accomplishments and Be Grateful  The importance of reflecting on where you have come from and not looking forward to where you are not yet Why it is important to plan out your goals strategically and not just focus on the final outcome By reflecting on your journey, you can appreciate the progress you have made and stay motivated throughout the process [04:45 - 11:25] Why Mindset Matters Achieve bigger goals with a "bigger attitude," even if your ambitions change over time How to stop and think about what you've accomplished in the past, as well as what you want to accomplish in the future Why we should control comparison, or the tendency to compare one's own progress to that of others [11:06- 18:10] Gratitude fosters success It's important to focus on what you've accomplished, rather than comparing yourself to others. This will help you be grateful for what you have, and avoid frustration and disappointment It's important to practice gratitude, by looking at how far you've come in the past. This will help you maintain a positive attitude and be less likely to get frustrated with setbacks [18:11- 26:26] Closing Segment  Book Recommendation: Everyone Can Be A Superhero: To order the book and get FREE coloring pages https://noirvestholdings.com/kidsbook/  Upcoming Event: The Legacy Wealth Playbook Summit FREE tickets https://www.mysalesteamguru.com/legacywealthplaybooksummit-renardajoy Connect with Nicole!   Key Quotes    “Your goal is a moving target, it's going to change but in the meantime to enjoy the process and not be frustrated continuously with what you have not yet done.” - Nicole Pendergrass   “Successful people understand the power of the word” - Nicole Pendergrass    Let's get connected!  You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com     LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.

Simon Willman, JD, former in-house counsel for CORE Orthopedics and Current owner of McDowell Mountain Law, speaks about non-competes and their impact on Anesthesiology Professionals, which touches every practicing provider, 1099 or W2.  The bad information out there on this topic is rampant – Simon lends his expertise as a healthcare business and contract lawyer to give us a brief introduction.  Send us your questions so we can discuss them with Simon again in the future!

Introduction Chris Sayre is a Mortgage Lender in Kirkland, WA. He's always had the heart to help others and Mortgages are just an extension of his desire to make a difference. When he's not working, he enjoys spending time with his family at their cabin in Eastern, WA. Get In Touch With Our Guest, Chris Sayre If you'd like to get in touch with our guest today, click on the link below and I will send you a warm introduction: Get In Touch With Our Podcast Guest Today Find The Perfect Real Estate Agent Near You If you'd like to find a great real estate agent near you, just go to this link: Real Estate Agent Near Me Podcast Sponsors Find an Agent with HomeFlow: The key to having a calm and successful home buying experience starts with having the best real estate agent. This is why you need to interview a few. To get the process started just go to Tryhomeflow.com Dovly: 10 million of Americans have errors in their credit reports that lower their credit score. To fix those error try Dovly.com MyFico: 90% of top lenders use FICO® Scores—do you know yours? Check your FICO Score at MyFico.com The Smart Home Buyer Calculator: Use our 4-in-1 super-smart calculator to make sure you know your numbers before buying your first home. Get it now at The Smart Home Buyer Calculator Rate The Podcast Click on this link to Rate and Review "The First Time Home Buyer Podcast" on iTunes. You can also subscribe to the podcast there. I will really appreciate it, thanks so much in advance! Listen To A Podcast Guest In Your Area If you'd like to find podcast guests for your specific location or profession just click on the link below to search for them: Podcast Guest Search Awesome Resources For First-Time Home Buyers If you'd like to access other great resources for first-time home buyers just click on this link: First-Time Home Buyer Resources Let's Talk I'd love to talk to podcast listeners and get to know you all better! I can also help you answer any questions you have about buying your first home! So if you'd like to talk about that let's jump a quick call! Just schedule a time that works for you here: Schedule A Call With Laura Moreno Feedback I love receiving feedback so please, if you'd like to tell me how you'd improve the podcast, send me an email or schedule a call with me for that works for you here: Schedule A Call With Laura Moreno Share The Love If you know someone looking to buy their first home and you think this information would help them,  just share it with them. They will really appreciate it. Subscribe To The Podcast Apple | Google | Spotify | Stitcher | iHeart Connect On Social Media YouTube | Instagram | Facebook | Twitter | LinkedIn Do you want to start your own podcast? Then enroll in The Free Podcast Course today, which is the course that I followed to create this podcast! Transcription Laura Moreno: [00:00:00] First Time Home Buyer Nation I am Laura Moreno and I am super excited to bring you our fantastic guest today, Chris Sayer. Chris Sayer is a mortgage lender in Kirkland, Washington. He has always had the heart to help others, and mortgages are just an extension of his desire to make a difference when he's not working. He enjoys spending time with his family and dog AB there cabin in Washington. Chris, are you ready to flow? Chris Sayre: Let's do it. I'm happy to do it. Yes. Laura Moreno: Great. So I've given our community just a little insight. Please share more about you personally and then expand upon your business, Chris Sayre: you know, um, I, you know, I have a big extended family. Um, you know, my wife and I have five kids and she came from eight kids, and those eight kids all have five plus kids, so it's a big extended family. Um, my mother and father-in-law were just, they're from Belarus and they're just the most beautiful people, you know, that salt to the earth kind of folks. They both passed away this past year. [00:01:00] So, you know, I think you're learn in life. You know, you really. What matters, what is, what really matters. And I have, you know, such a heart for people and such a heart to help out. And, you know, it's one of the reasons why I wanted to come on your show is because it's, it's where my desire is. You know, I, I have it at heart to, to give. And I think doing mortgages is my way of, of trying to give back. Yeah. Laura Moreno: Wow. Tell me, tell me more about that desire to help others, because you were telling me you participate in so many programs that really help others. They help the community, they help veterans. Where does that come from? I mean, how did, how did it all get started? Chris Sayre: I, I think it's an awesome question. I would say it really just got started, you know, as you live life, you know, you'll learn that, um, it's not very fulfilling if you're just living for yourself. Uh, I think that my goal for myself and for my wife is to do as much as we can to help others. Um, you know, we don't make a dollar to keep a dollar, have a dollar more in the bank. We make a dollar to share it with [00:02:00] others. I think if you're blessed, you're supposed to bless others. So we, we look at the world this way and we're. One heart, one mind for this. And I think some of my most joyful times in my life are when we've helped other folks out. Um, so I mean, just personally. And then honestly, when, uh, I've done a mortgage, uh, for somebody, I, I have such beautiful and kind clients. I don't know. I just, you know, I feel really blessed in that respect too. People calling me up years later, you know, asking me for help or, you know, all of my reviews on Zillow are all five stars and, you know, like they're, you know, they just are great people and it fills my heart to help. Laura Moreno: Wow, that's, um, I don't know. Beautiful. Yeah, no, it's so, it's such an order to have guests like you that are with heart of giving, giving to others, you know, not only taking, or not only like is a, is a paycheck, it's a commission, whatever it is. It's more like giving, empowering others to buy homes. Like, do you remember one of those stories that really move. Chris Sayre: Um, you know, honestly, [00:03:00] I, I probably would have, you know, quite a few, you know, you know, I've had people, you know, that I've helped out that, you know, they have families like ours or, uh, large families. Uh, usually, uh, it's people. Since I live in the Seattle era, we have people from so many different cultures over here, and oftentimes these other cultures they believe in, um, like having parents come live with them and helping out. And, you know, you know, for me, my stories would. You know, uh, people trying to get into their first home, I can think of this one couple in particular. And they were trying to also do it so they could bring their parents over from overseas to live with them and, you know, Yeah, it's not, Sometimes it's not always easy. Sometimes it is. But I remember this particular case, you know, there was a little challenge getting 'em approved. Uh, we ended up doing it, and when we closed it was just, it was such an important moment for them to, to be able to get this home because it wasn't just for them. It was to be able to bring their family over and for them, even if they would've lived here and rented, they. Just fine, but [00:04:00] it would've been this emptiness that they had because with a home, like a home is for family, right? So you can't, it's hard to rent and bring people over and have it feel the same when it's your place, your yard, your, your home, everything is that. And so, uh, they were able to bring their parents over and they were just so excited and so happy. And so for me, honestly, it just that that's kind of what you do this for you. Like I said, to bless people and I was so thrilled and so happy for them. And this is a normal thing. This isn't just like one time occurrence. This happens on a regular basis that people out there are trying to help family out and they really need a home because their family is kind of too tight in the space they're in. I Laura Moreno: love that so much and I see it all the time actually. I am an, I am an immigrant and I work very often with immigrants and, and I see it all the time. We immigrants want to help others bring others to the country. And even with your own savings, I mean, I see it even with my nanny. She's amazing. I have a one year old and she's always giving back to her community. She's always bringing people over, always [00:05:00] lending them the money, always empowering, empowering them to live a good life. And it blows my mind how much generosity, generosity she's putting out there. It's. Really mind blowing and you remind me of her. It's, it's so beautiful. It's really beautiful to see Chris Sayre: Well, you know, my, my wife and her whole family are immigrants also, so it's probably another reason why I have this heart for people who come from other countries. Cuz my wife came here, no English, no money, you know, And from that they just worked. You know, that's all they knew. Uh, just hard work and on top of being smart, of course, and just being, you know, really great people. And I saw them come from zero to, not that they have a lot, but they have a home. Right. And that, that was the goal. And, um, and it inspires me. Uh, uh, to have family like that and, you know, I was born in this country, so for me, I feel, you know, very fortunate and I want to do all I can to help other people who come over here and need help [00:06:00] and, and do my part and do what I can. So Laura Moreno: tell me more about House for Heroes and how do you help that community of veterans? And tell me more about that. Um, uh, that part of your business. Chris Sayre: Yeah, so there's a, uh, organization called Homeless for Heroes that came outta really the 9 1 1, uh, time frame. Um, but you know, it, it certainly, uh, helps, you know, military active reserves, veterans, uh, firefighters, ems, uh, law enforcement, healthcare professionals and teachers. So basically anybody who's helping the local. You know, and they want to give back to them. So this program is just designed so it it with us in particular, uh, you know, like we waive our, our lender fee when we work with them, the real estate agents that work with them that are part of this program, they give part of their commission back. Mm. So I personally, uh, recently talked with, uh, a really terrific realtor who, um, Uh, uh, uh, is part of this program and she had this awesome line and she said, You know, can you imagine being one of these [00:07:00] tiros and you just move into a house and the first piece of mail you get is a check from the Homes for Heroes program. and, you know, so for her it just thrilled her to know when to do that. And it's, and it's not just a small check, It can be thousands of dollars that these people get. The first piece of mail they get is a check from the Homes for Heroes Program. So I think it's, for me, again, uh, I, I was super excited to be a part of it and I'm, I'm, I'm happy to be able to help people that are serving our local communities. Laura Moreno: Wow. Yeah, totally. I, I, I love that so much. So, um, tell me more about where you are now, the market, What are you seeing in, in Seattle? In Washington area? Yeah, Chris Sayre: Yeah, it's a, another good question. So, I, I, I would say that right now what we see is, is, um, you know, prices dipping just a little bit. So kind of our expectation right now, uh, in this area at least, is that you're, See, as we head into this recession, we're gonna see some pressure for money to no longer go into the stock market, but instead that money's gonna go [00:08:00] into bonds, which is gonna push rates down. So anyway, big picture is we see rates coming down somewhere in the next six, 12 months, something like that. So anybody that has a loan right now, they're gonna be refinancing out of it. So the main thing is, so our line we're using is marry the home date, the rate, right? Because what's gonna happen is that you're only gonna do it short term. Our expectations, you may see rates drop as much as 2%, maybe even a little bit more, and you'll be refinancing out of it. So the the good, it's actually, even though rates are a little higher right now, it's a perfect time to buy. It's a perfect time to buy because values are down and there's less competition. If you wait until a little bit later on when rates are lower, then what's gonna happen is values are gonna be going up and there's gonna be more competition. So it's much better to buy right now while the values are down and you can refinance out of it a little bit later. And so that's what we've been telling all of our clients and all of the realtors that we work with, is that this right now is a perfect storm, perfect time to purchase a home, knowing that you're not gonna have that loan very long. Laura Moreno: Got it. A [00:09:00] and that's a great line. I love this. Um, marry the house. Date, date rate, marry the house. . Yep. Chris Sayre: That's a, that's a marry the house date, the rate that's right. . The only Laura Moreno: thing sometimes people think about is like, well, but getting that mortgage is costing me money, refinancing is going to cost me money. And, and to that, I will say that when we refinance our home here, we bought it at 4% interest rate, which was good. We refinanced at 3.2 and within a few months we had already paid. Fee that the cost to refinance. So, So it makes total sense. And I love that the values are a little bit down because that's what we wanna first ask first, First time home buyers. Yep. Do you see sellers making more concessions as well, like being able to pay, like give us some help to first and home Chris Sayre: buyers? Absolutely. Positive. Yeah. You are. Again, spot on. The answer is absolutely yes. I, I think sellers are also, they don't want to be sitting on the market for an extended period of time, cuz if they are, that means their price is probably gonna be coming down or they'll have to take the home off the market. Got it. So the many, many transactions where [00:10:00] sellers now are, are offering incentives to the buyers. Could be a builder, it could be just an individual, you know, like you and me, who are maybe trying to sell a home that are doing what they can to help buyers, uh, purchase a home by giving them some type of credit. We see this on almost in every loan right now. Laura Moreno: Yeah. And we love that. So if you're a first time home buyer and you're, listen, Just get in touch with Chris. You know, get pre-approved and go start, start shopping for homes because values are down. Don't be as scared about that interest rate because you can refinance and like someone told me, Chris Buffet is like buying now the most of, he is fortunate. He's making it right now because he's buying low and then's, right? You will sell high. So just getting that home. So Chris, tell me about your first time home buying experience. How was it? How were you feeling? And what did I do to your life to own a. . Chris Sayre: Yeah. So , back when I bought my home, I remember that my rate was 10 and a quarter. That was the going market rate. I hope you refinanced that. I felt . [00:11:00] I did. I did. But it was funny is I thought I was so smart and so slick because I talked 'em down from 10.375 to 10.25, you know? So I thought, wow, I did such a good job, you know? Cause I knew nothing about nothing. But you know, that's what rates were when I bought my house. And then when I got into the business rates were actually at 7%. So they were still like right where they are right now. But I, you know, I felt, you know, thrilled. You know, I bought my house at a great price. Um, I think back then I bought it for like $134,000 and, you know, that house right now was probably gone up by six times. So I, again, I would say real estate's a great investment and, and just, you know, when I had bought my house, it was expense. So it wasn't like it was a deal. Um, so the market continues to do that. So all we have to do is like, look at our grocery store and say like, what was the price I milk before? And what is an hour? What's the price of gas? And what's the price Now prices go up. So whatever you buy at, you know, my wife has a great line about this. Stretch yourself. Stretch yourself because that value is gonna increase and you're [00:12:00] gonna be happy that you did. So as best you can, stretch yourself. Doesn't mean like put yourself in risk, but don't be afraid if a house is, you know, let's say 300. Don't be afraid to go to three 10. Don't be afraid. Afraid to go to three 15. You know, get, get the better home for you and your family. Get what you really want. Get what you are really gonna, you know, be happy with. And it's better to go a little bit above than to suffer yourself, because in the long run, your income and everything else will catch up and pass it up and it'll be an easy payment for you. Laura Moreno: It, It's so interesting you mention, I mean, we bought four or five years ago and, and the, the mortgage rate was a stretch. We were like, this is a little bit too much. Like, yes, we can pay for it, but you know, it's a stretch. And now with this crisis, I mean, rent prices have gone to the roof where we live. Yeah. And we are both so happy because her rent. 30% less than the, the rent price in this area. And we're like, Thank God we bought, because everyone else that we know is trying to struggle getting rent in a [00:13:00] nice place. So buy if you can, It's, it's, as you were saying, you may have struggled for a little bit, but it's going to be so much better for you and. And talking about communities and immigrants. I think it's so, so important to empower people that may not have their first language be English, or maybe the first generation buyers, because those are the ones that need it the most. Like what you were saying, you need that home. You want to bring people over. You need to create that space. Ethnic cultural space. Yeah. Like at my home, we speak Spanish like you . Mm-hmm. . You need to create that space. And if you are always, um, thinking that your rent is always going to be there, you know, you, you, you will have to move, uh, at some point and find a new place. Yeah. Yeah. Yeah. So, Chris Sayre: yeah. I, Can I give you a quick example of something, if you don't mind? Mm-hmm. , of course. So we have, again, I told you, five kids. So we helped, uh, three of our sons purchase a home, uh, one on his own and the other two together. And, you [00:14:00] know, they were all really scared and nervous because the payment was like $3,500 a month for the, you know, principal interest, taxes, and insurance. It was, And they never had such a bill. And so they, they've been out in their house for about a. And now they have friends who are looking to rent. So the friends rent for a two bedroom place in near their work is 3,800 a month. So kind of to your point, you know, rents are escalating. I mean, I've never in my life paid $3,800 for rent. But now they see that that rental payment that their friends are paying is more than their mortgage payment on their home. And they actually have. Laura Moreno: Yes, for sure. And if they want, they can rent their rooms out to their. Yep. Be like, Don't worry, I'll be a good friend. Chris Sayre: They're doing that actually already, so you'd say, You're right. Laura Moreno: That's good. Pay my mortgage. I mean, just people, if you're listening to us, jump on the side of the ownership because it is not, it is not going to get easier. [00:15:00] You know, it's just not going to get easier. And I feel like more and more corporations are going to be owning properties, and it's the time for you to become your, the protector of your money, you know, your own landlord instead of paying someone else's mortgage. So now let's go, let's, let's, um, go to our lighting round, which is, I'm going to ask you a series of short questions to help our audience even further are. , Chris Sayre: I'll do my best. ? Yes, Laura Moreno: I may. Great. , please share with us your biggest piece of advice you can give to TR to someone trying to buy a home in Washington now. Chris Sayre: Uh, so the biggest piece of advice I would say is, uh, get in front of somebody. Could be myself, could be anybody that you think is appropriate for you, but get in front of somebody who can help you determine how much you can qualify for. And if you can't qualify, what steps do you need to take? So what I would normally wanna do is I would wanna look at somebody's income. I wanna look at their assets, and I wanna look at their credit. And I wanna, cuz usually people wanna know, like, I make money, I have no idea [00:16:00] what I can afford. I have some money for a down payment, or maybe I can get a gift. What can I afford? So they need to know what they can afford. And then normally what I would recommend is if they're within 90 days of trying to purchase a home that they need to have all of their information given to an underwriters, we can get them underwritten ahead of time so that they literally are gonna be, you know, final loan approved before they ever find a house. So I would recommend get good information. Up front when you're within 90 days of trying to buy a home. If you're beyond that, then I think just giving a, a phone call or meeting with somebody like myself so we could just pencil out kind of a plan and then they could work towards that plan of hopefully getting home ownership. That's Laura Moreno: great. And two questions out of that. The first one is, uh, commenting on getting that, sorry. Coming, getting that, uh, pre, not, it's not even a pre-approval, it's going farther away. One step farther, Right. Chris Sayre: Yeah, so, So the ones that, Yeah, go ahead. What are the Laura Moreno: advantages of doing that? Chris Sayre: Yeah, so, [00:17:00] so a pre-approval, I can literally do the same day. So I can send somebody a link, I can fill out an online application, I can ask them to send me some income and asset information, and I can send them a letter. and the letter's gonna say, Hey, you're preapproved for this amount, and it's gonna be a perfectly valid letter. It's what we do in our industry. The next level above that is for an underwriter to physically review all of the information. And so what we can do is we actually can collect all the documentation, give it to an underwriter, and it probably takes, I don't know, 5, 6, 7 business days for the underwriter cuz the underwriter may have additional questions once you give inform. But then it's gonna be all signed off, final loan approved. All you need to do is find a house. So the difference is now you can, now you can close like literally in 12 days or 13 days, you know, um, on, on your mortgage, and hopefully by closing quicker like that, it makes it so, if there is competition, if there are other buyers who are trying to purchase a home, the fact that you can, you're [00:18:00] already. Done. You're already, your loan's already underwritten completely and you can close really quick, push you in a better position to actually get the home. So I would highly encourage taking that step. I think it's just a much, much stronger position to be in when you're negotiating with a seller. Laura Moreno: And that's interesting because not all lenders do that from the beginning, right? Like you are one of the very few lenders that will. , Chris Sayre: you're a hundred percent correct. Yeah, most lenders do the pre-approval, which again, like I said, it's, it's, it's a, it's perfectly fine to do that. But the next level above that is what I'm talking about. And you're correct, uh, almost nobody does that. Got it. Laura Moreno: And. How will you find a great lender? So if you are not in your area, in Seattle, listen is looking for a great lender. First of all, is it number one, to find a lender or find an agent? And second question is like, how will you decide on which lender to choose? Because sometimes we try to call and say, Hey, what's your rate for today? And we try to choose the lowest rate lender. But is that the right? To do that. Chris Sayre: [00:19:00] Yeah. So I, you know, again, of course rates are important. I care about rates for, for myself and my family, but it, it's, it's not the right way to do it. Um, it's not the right way because loans are much more than, you know, just quoting a rate over the phone. Rates are determined by people's circumstances. By, what's your down payment? What type of property are you buying? What's your credit score? And ultimately, you want the home. And like I said before, whatever home you purchase, you're not gonna have that loan very long. There's usually not a big disparity on rates, but I would be more concerned about having it be a stress fee, stress-free, low drama transaction. Then having a rate that's an A through a quarter point difference. You know, the main thing is to get the home. Then your family can kind of breathe aside, relief, move into the home, and then you can regroup and when it's appropriate you can look it to refinance. Got it. So I apologize. I know you asked another question, was another question I could answer for you. Laura Moreno: I think that was the main one. So the main one was, No, those were the two of [00:20:00] them. And the other question I have is like, so in order to find a lender, oh, you know, we have all these online lenders and we have also like, um, local lenders and those online lenders like better.com, Rocket Mortgage. I don't want to give out many names because Yeah. Well I don't want to give names, but, um, they count with a, Exposure online. Yeah. So we Google, I want to do a preapproval, and within one minute you have a preapproval from that bank online. Mm-hmm. . I mean, what are your thoughts about them? How do you differentiate and what is actually the best for first time home buyers? An online lender or a local lender? Chris Sayre: Uh, you know, I'm a, I think it really just goes by experience. So if, if I were looking for a lender, I probably would go online to like Zillow. Redfin and they have, you'll see reviews for people. So it's like when we go to our restaurant and we tend to go to our restaurant that has good reviews, or if we're gonna stay at a hotel on vacation, we look up to see what the reviews are. I probably would look at reviews for people, [00:21:00] you know, because I think I, I like knowing that other people, uh, have kind of, um, Yeah, you have given good opinions about something and it, it makes me feel a little bit more comfortable. And of course, a referral is always the best. So if you have somebody that you know, that you respect and you admire that has a home and they use somebody, I probably would ask them, you know, because I think referral probably is my number one way. And then probably online would be my second way to. Reviews online for people. Like for me, you type in my name and read my reviews, right? So you can do that. But you know, I think either one of those two ways reviews online or a referral from somebody you trust and know. and Laura Moreno: between having a local lender and a, or an online lender that could be not in the same town, what, what are your Cho mm-hmm. your, your, what are your options? What would you say? Chris Sayre: Um, um, I'm, I'm not so sure that, cuz we're a virtual world right now. I mean, I'm in Seattle and I think, Are you in New York? Cuz I, Yeah. Yeah. We're. We're like the other side of the world, but [00:22:00] it's like, you know, we're right with each other. I don't think it really matters. Like I can do a Zoom call with anybody. Uh, anybody else could do the same thing. I think it's more this, this trust factor, this integrity factor that we're talking about. I think that's what really matters. Local or far away? You know, I, I haven't really sat with a client and almost three years. Um, I do everything online so they could. Somewhere else, like in any state where they could be, you know, my neighbor next door and I still don't see them, you know, because we do calls like this. So I, I think that it's the person and the company and the integrity of the individual that matters more than their location. Laura Moreno: What, what is the process with you? Like, if I'm interested in buying a home in Seattle and I'm looking to get a mortgage, uh mm-hmm. , what is the process, uh, specifically for you? Like, what would you tell me? . Chris Sayre: Yeah. So normally what we would do is we do a call like this out there on my cell phone, or we would do a Zoom call. Okay. And [00:23:00] before I do anything, I try to, I'm a big picture kind of person, so at first I just wanna understand what they're thinking, you know? So I don't know if they're looking to buy like an. 12 months or two days. Um, so then I, I tried to understand, uh, their timing on things, um, their income. They're asked all of these things and kind of review and kind of talk us through and come up with a plan. And I, I normally say the same line that I said earlier is that I think once they're within a 90 day window, That's when it's time to start pulling credit and do things like that when they think that within 90 days of point or purchasing a home. But if they're just trying to understand, Cause a lot of people just wanna know, like, I just don't get it. Like, I don't understand, you know, what can I even afford? What should I even do? So that's where I just, I just give them some counsel and I, and I basically will email them. You know, like my contact information, I'll send them a list of what we're gonna need, um, when they're ready. So like, people have to gather things cuz we'd all all have pay stubs and W2 s maybe that are, you know, easy access so they can start gathering that together. And then I coach most, so like, don't make big purchases, you [00:24:00] know, don't make sure you're not late on anything. Don't co-sign for anybody else. Don't move money around between accounts and make, you'll make it more difficult on yourself later on. So what I try to do is to guide them to kind of put the brakes on everything. Let's get this plan for you to purchase a home and make sure now you start doing things the way a lender's gonna review things to make it so it's simpler and easier for you once it's time. Laura Moreno: And what have you seen? The last question, I think it's a little bit related to this. What have you seen are the biggest, biggest mistakes that home buyers make and how can they avoid them? . Chris Sayre: Yeah. So some of the, the biggest mistakes they make is when they're trying to prepare to purchase a home, a lot of times they will close an account cause outta a windy debt, right? They're afraid of it. But the way credit works is that if, let's assume you have like an account at a bank and that it's a credit card and that credit card you've had forever, but you really don't use anymore. The truth is that credit card, because it's your oldest liability, actually improves your credit score the most. And when you cancel that [00:25:00] card, you run the risk of your score dropping like a rock. So I would say . So normally my normal line is. Stop, freeze. Don't do anything. Talk to somebody, get some advice. Let them coach you what to do and then do it. But, you know, sometimes people come to you and they've already kind of done all of this and you just, it is, it's what it is and you just deal with it. Um, but I, you know, we try to tell them, don't move money around in accounts. Let it be, you know, don't make any large deposits, don't make any large purchases, Don't do anything like that. Get the house first, then do the other stuff. So I think some of the mistakes I, I've seen, like I said, are, are, are this where they cancel accounts or move money around too? A chin, you know, don't change jobs in the middle of a loan or when you're trying to buy a home. You know, things that you would think that everybody understands, but they don't really, cuz it's not what they do for a living. You don't Laura Moreno: really, I mean, it's so funny because you, we don't know, we don't live in, I mean, I live in this world, but usually home buyers, we don't live in this, We don't know that we kind of go and buy furniture before closing on credit or open Macy's credit card. Just, we don't know about that. It's like, it's very, And that's the [00:26:00] other thing is like what you were saying, Closing an account because you want to make your accounts clean, you want to make them look nice for the lender, and suddenly your score drops like 50 points. Yeah. And you're like, What happened? It's so counterintuitive. . Chris Sayre: Yep. Yeah. Honestly, completely. Right. Uh, people tend to go to Home Depot, you know, and they buy a bunch of stuff, you know, because they're planning for their home. Like this is a really common thing. So we, I try to upfront to tell them, like I said, just before you do, Just give me a call and then I'll let you know. Kind of my advice would be to wait or to go ahead to go forward with it. You know, I've told people to hold up on my own cars or furniture, you know, because there's a, somebody's offering zero down on a car or zero down on furniture, and, you know, if they really wanna buy it, then we'll just deal with it. But if not better to wait. Laura Moreno: Better to just wait to buy the big things. Well, Chris, you've shared with us amazing information today. Uh, what can we do? Chris Sayre: Um, you know, I would love to help more people, you know, that's what I do for a living. [00:27:00] So I would love for anybody that has questions. I'm always happy to ask questions. It's not always just about business, you know, of course I do this for, to help my family and to help other folks out, but you know, I, I know that if you do it right in life, good things happen. So if people wanted to reach out to me, they're welcome to do that. If I can help them with a mortgage, I would love to do that. Laura Moreno: That's beautiful. And how can we get in touch with, Chris Sayre: Uh, my cell phone I've had forever. I have a son who's learned my phone number since he was two. Um, but my number is 4 2 5 4 4 4 7 3 7 3, so 4, 2, 5. Beautiful. 4 4 4 7 3 7 3. Laura Moreno: Yeah. Well, Chris, thank you so, so, so much for sharing your mission and your attitude to life and your well good faith and thank you so much for being on the first time Home Buyer Podcast. You are. Chris Sayre: Oh, Laura, thank you. You're just a beautiful person. I really appreciate it. Thank you.  

Remy is a world traveler that has successfully made the transition from a W2 to full-time entrepreneur and has learned a lot of lessons that we're gonna dive into and he's been able to successfully continue building his real estate portfolio and businesses while living across the world.   Our Links -Financial Freedom Mastermind Facebook Group - https://www.facebook.com/groups/53083... - Peer Space Host Referral Link https://www.peerspace.com/referrals/g... - AirBNB Host Referral Link https://www.airbnb.com/r/niyia41 - Ekabo Home Network (IG, Youtube, Email) https://linktr.ee/ekabohome Niyi Adewole is a licensed realtor in Georgia, brokered by EXP Realty. Feel free to reach out at Niyi.Adewole@exprealty.com if you would like to work with an investor friendly real estate agent.

With fewer variables and emotional implications, investing in self-storage facilities within the real estate market may be the best way to go. Sean Chuplis, a former US Air Force pilot, is a serial entrepreneur with a range of successful business ventures. Sean is here to tell you how to manage your capital expenditure, why he is inspired to bring investment opportunities to his old colleagues, and how to scale your business while getting the most out of your time. We hear about the asset classes Sean focuses on and why he focuses on the ones that are under-utilized in his market. From using third-party management to gauging the differences in your market to boost your rental opportunities, Sean sums up why you should see opportunities for what they are, understand what is a good deal and a bad deal, and avoid the fear of failure! Key Points From This Episode:•    How Sean ended up in real estate investment.•    Why Sean started Airworthy Capital.•    The jump from single-family investment to commercial real estate.•    How the pandemic influences Sean's investment strategies.•    Why Sean enjoys owning self-storage facilities.•    The main differences in investing in multi-family property versus self-storage facilities.•    Why self-storage is sustainable in a period of inflation.•    Macro and micro factors that influence investment.•    What Sean finds are his main capital expenditures.•    Asset classes: what are they?•    Finding the most bang for your buck in the market.•    The day-to-day management of self-storage facilities.•    Sean's experience in syndication.•    A look at Sean's cryptocurrency startup.•    Managing digital inheritance with smart contracts.•    How do you escape the W2 world: utilizing investment and entrepreneurship.  •    Closing message: don't be afraid of failure! Links Mentioned in Today's Episode: Sean Chuplis on LinkedInAirworthy CapitalCrewdog Electronics 

Are you curious if more affordable health insurance alternatives are available, especially if you don't have your W2 job? Medi-shares are the topic of today's podcast, and you don't need to stay at your day job to have health insurance for you and your family. It's affordable, encourages its members to have a healthy lifestyle, and there's an option of video conferencing if you wish to talk to your doctor. A one-of-a-kind program to help you lessen the burden of medical costs. Head to https://simplepassivecashflow.com/healthcare/ to learn more about other alternatives.

Are you curious if more affordable health insurance alternatives are available, especially if you don't have your W2 job?Medi-shares are the topic of today's podcast, and you don't need to stay at your day job to have health insurance for you and your family. It's affordable, encourages its members to have a healthy lifestyle, and there's an option of video conferencing if you wish to talk to your doctor.A one-of-a-kind program to help you lessen the burden of medical costs.Head to https://simplepassivecashflow.com/healthcare/ to learn more about other alternatives. Hosted on Acast. See acast.com/privacy for more information.

Life can get incredibly busy - especially if you're running a short term rental business. Which is why automating as many tasks as you can is so important. This week we hear from Lauren K. Aumond on her experience with automation. Her tech stack allows her to operate her 9 property portfolio, run Adulting is Easy, and her W2! Links: Lauren K. Aumond's Twitter https://twitter.com/AdultingIsEasy Steadily - Insurance Built for Investors https://resilientrei.steadilypartner.com DealMachine (7 day free trial + 100 free skip traces or 25 free mailers): https://dealmachine.app.link/rrei Hemlane - Property Management Software for Remote Real Estate Investors https://www.hemlane.com/all-in-one-property-management?utm_source=Resilient-RE Doorward - Social Media for Real Estate Investors https://www.doorward.com/ Signup for the Newsletter https://www.getrevue.co/profile/ResilientREI Contact / Advertising Inquiry https://resilient-rei.com/contact-advertise-inquiry/

Sandhya Seshadri is an experienced operator doing all aspects of multifamily Syndication from broker relationships and underwriting to raising capital and operating assets after closing to deliver returns to her investors and improve communities.   In this episode, we welcome back, Sandhya Seshadri. Sandhya discusses the tax advantages and how her passion for the industry led her to shift to full-time real estate. She shares her experience with day trading and how successful she was at it, before eventually deciding to focus on real estate full-time. She talks about differentiating herself from other multifamily operators in the market and how their strategy is to be financially literate and manage their properties in a way that creates community and goodwill among their tenants. To learn more about Sandhya, listeners can visit his website at LinkedIn!   [00:01 - 02:19] Opening Segment Sandhya has been a general partner and limited partner in over 4, 000 deals and has experience from both the passive and active sides of the space   [02:20 - 07:27] Financial Literacy And Asset Management Are Key To Success She quit her W2 job to focus on real estate full-time and cites tax savings and more high-level asset management as her main reasons for choosing a real estate Picking your lifestyle and to be diversified not just in real estate but also in other investments Financial literacy and asset management are key to success, with a focus on resident relationships and keeping cash reserves in properties Passive income is a key strategy, with more passive investments than active deals in the past 6 months   How to underwrite a deal effectively, you need to be cash rich and understand your local market well Real estate as a short-term and long-term investment for retirement     [07:28 - 34:00] Closing Segment Sandhya encourages listeners to talk to local operators in the local area   Sandhya shares where you can get in contact with her (links below) Quote/s: “You want a local expert in whichever area you pick. Make sure there's an operator who knows that location very, very well. That's going to be crucial to know what price per door is reasonable and what rent bumps are reasonable.” – Sandhya Seshadri You can connect with Sandhya through her:  LinkedIn: Sandhya Seshadri WANT TO LEARN MORE?   Connect with me through LinkedIn   Or send me an email at sujata@luxe-cap.com   Visit my website www.luxe-cap.com or my YouTube channel   Thanks for tuning in!   If you liked my show, LEAVE A 5-STAR REVIEW, like, and subscribe!

In this episode: w2 employment to self-employment, s-coporations vs self-employment, avoiding penalties, megas backdoor roths, retirement planning, and health insurance. Most of us are familiar with a W2 job, and there is a certain level of convenience that comes with working a W2 job as it relates to retirement planning and taxes. So much so that it can be daunting to want to embark out on your own journey and have to figure it all out on your own. This week we are re-joined by our “in-house tax expert” Sean Mullaney to discuss the tax and retirement sphere as it relates to being self-employed. While we are not offering advice, this week's episode is meant to act as a resource to listeners curious about the steps and unknowns that come with the self-employment territory. With the same excitement and motivations gained from getting to run your own business, those same motivations and excitements can still be applied to navigating your retirement and taxes once you remember that it is now within YOUR control!  The fear of the unfamiliar may not be as daunting and complicated as you may think, and figuring out these factors requires you to take the same initiative and action that is required throughout your entire FI journey!  The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. Sean Mullaney: Website: fitaxguy.com Book: Solo 401k; The Solopreneur's Retirement Account Timestamps: 1:42 - Introduction 2:38 - W2 Employment to Self-Employment 11:34 - S-Corporations vs Self-Employment 14:03 - Avoiding Penalties When Making Estimated Payments 19:29 - Saving For Retirement As An Entrepreneur 24:00 - Employee vs Employer 401k Limits and Mega Backdoor Roth 33:54 - Is The Mega Backdoor Plausible For The Self-Employed? 41:03 - Roth IRA Conversions 43:15 - Addressing The Uncertainty Around The Employer Maximum 53:40 - ACA Plans and Navigating Health Insurance As A Solopreneur 63:34 - What Counts As Income? 68:41 - Conclusion Resources Mentioned In Today's Episode: Paying Taxes When You're Self-Employed IRS Publication 560 IRS Form 8962 Instructions on Premium Tax Credit IRS Publication 974 Premium Tax Credit Creating Your Dream Job | ChooseFI Ep 117R Roth IRA Conversion Ladder Case Study | ChooseFI 163R Healthcare.gov ACA Plans Cody Garrett's Tweet Illustrating ACA Medical Insurance Premiums and PTCs Subscribe to The FI Weekly! More Helpful Links and Resources: Earn $1,000 in cashback with ChooseFI's 3-card credit card strategy Share FI by sending a friend ChooseFI: Your Blueprint to Financial Independence Keep learning or start a new side hustle with one of our educational courses Commission-Free Investing with M1 Finance

Each week, on Freedom Investor Friday, John will share his experiences and lessons learned on his journey to leave the W2 world and achieve financial freedom through real estate investing.

We're back for another episode that will enlighten us more about the opportunities that passive investing and real estate syndication could offer! Kathy Jang talks about the incredible impact of real estate investing on attaining a better life. Tune in to seize this chance to live on your terms and reach your financial goals.KEY TAKEAWAYSBenefits of investing passively in real estate syndicationOther passive income streams and sourcesEffective ways to build your mindset and learn more about investingWhy you should hire a good real estate tax adviserHow to pick a trusted syndicator to work withRESOURCES/LINKS MENTIONEDRich Dad, Poor Dad by Robert Kiyosaki https://amzn.to/3STOR28 Ep198 Brandon Hall on Conscious Pursuits  https://podcasts.apple.com/us/podcast/ep198-brandon-hall-on-conscious-pursuits/id1501539079?i=1000538427957ABOUT KATHY JANGKathy Jang is the head of marketing at VSV.  She leads marketing strategy and execution across the VSV umbrella of companies and properties.   Kathy held an undergraduate degree from UC Berkeley's Haas Business School and began her professional career as a Big 4 consultant. She then pursued her MBA at Northwestern's Kellogg School of Management, which led to prestigious positions in medical device marketing in Philips's Nuclear Medicine, St Jude Medical's Heart Failure Therapy, and the makers of Invisalign Clear Aligners. Starting in 2008, Kathy grew her passive income through real estate investments and ultimately left her W2 when she achieved financial freedom, allowing her to live life on her terms. Kathy lives in Phoenix, AZ with her two sons and husband and has a portfolio of> 1800+ units and $110MM assets under management. This passive income journey has been life-changing for Kathy and has made her incredibly passionate about helping others achieve financial freedom and is dedicated to educating people about personal finances and providing them with investment opportunities. CONNECT WITH KATHYLinkedIn: https://www.linkedin.com/in/kathyjang/To find out more about partnering or investing in a multifamily deal, schedule a call here: https://calendly.com/threekeysinvestments/get-acquainted-callVisit ThreeKeysInvestments.com to download a free e-book “Why Invest in Apartments”!Looking to reduce your taxes so you can build wealth? Mode Wealth is a boutique financial firm helping real estate professionals, investors, and entrepreneurs ethically and morally optimize their tax strategy to reduce their tax liability. Learn more and schedule a FREE consultation today! https://modewealth.com/Looking for an affordable healthcare solution? Check out Christian Healthcare Ministries by visiting https://bit.ly/3JTRm1IPlease RSS: Review, Subscribe, Share!Support the show (and my reading addiction)!https://www.buymeacoffee.com/AskMeHowIKnow

Finding the ideal team for your small business is critical, even if you have exceptional leadership abilities. It will be much easier to lead people who are naturally motivated to contribute and provide excellent service to your customers than those who have no interest in delivering rock-star performance.Talent that will assist them in expanding their businesses is in high demand among many owners of small businesses. Even if you don't have much money, you can still do a lot to build the right team if you're one of them. In this episode of the Quiet Wealth I'll share some strategies that will help you hire your team. Get Ready to build & share the wealth, let's Dive in. In this Episode:[00:00 - 02:09] • Welcome to the Quiet Wealth Podcast, money management level two and my current journey of hiring my team members. • Dan Sullivan's who not how and what it taught me. • Hiring slowly is ok but you definitely need to hire. [02:10 - 06:08]  • Your first employee.• Hiring as employee vs contractor?  • Going through freelancing websites for short term projects. [06:10 - 13:27] • My current team members.   • Planning your future roles that you want for your team. • Where do you find your team members. • Hiring through Networking.  • Going with digital marketing agencies or LinkedIn. [13:28 - 18:49]  • Interviewing you're first hire. • Hiring for personality vs skill?  • Knowing if someone has passion for the post your hiring them for and if they did research before hiring them. • See you on the next Episode.  Build Wealth |  Create Impact | Leave A Legacy  Tweetable Quote:  "The team is going to contribute to you making more money and having a bigger impact than you can do yourself." -Camilla Jeffs HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts and across other platforms! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Interested in learning about even more side gigs? Grab my FREE list of 20 Next-Level Side Gigs! https://steadystreaminvestments.com/20-next-level-side-gigs/  Ready to make your side gig a full time gig but don't want to do it on your own? Sign up for my VIP waitlist for my course W2'er to Entrepreneur and take the guessing out of leaving your corporate job!https://steadystreaminvestments.com/w2er-to-entrepreneur/  Follow us athttps://www.facebook.com/steadystreaminvestmentshttps://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQhttps://www.linkedin.com/company/steady-stream-investments NEW TO THE SHOW?Browse through all of our episodes herehttps://steadystreaminvestments.com/podcastP.S. We at the Quiet Wealth Podcast are excited you're here!

*ALL TOPICS DISCUSSED ARE FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY AND NOT TO BE CONSIDERED OR CONSTRUED AS LEGAL ADVICE*   Welcome to the FOUNDATION!   [The] FOUNDATION - Private Estates in Public Recessions This May Be A Very Controversial Show...   "Sot, what happened to the show from last week?l" We Are Living In Crazy Times, May Be Best To Listen Live...       Some Ideas are based in 'reality". Most Ideas are Simply Dynamite With Very Short Fuses. Most Do Not Understand That It Takes Specific knowledge In Order To Do Everything And Anything. ...   Once You Have "Gone Private" It Is All About What You KNOW. Think About That For A Minute.   The System Is Set Up To Allow Us To BARELY Get By? Let's Talk About Banks, Trust, The Monetary System and What YOU Can Do About It!   As Always, Make Sure To Call In With Any Questions!   Join Host Sot El as we Discuss this and other Topics.   As We Lay the FOUNDATION...

John Pearl is a commercial real estate investor and cofounder of Freedom Investor. He has participated in numerous multifamily mentoring programs and masterminds and has experience both on the LP and GP side of the house. He is a prior service US Army Infantry Officer and a Security Specialist in the Nuclear industry.  He currently works at Diablo Canyon Nuclear Power Plant, which is set to shut down in 2025.  He has publicly stated that his mission is to replace his W2 income with real estate investment income before the plant shuts down in 2025.  He hosts a podcast, Freedom Investor Radio, which he uses to share his journey and open other people's eyes to the power of real estate investing.  He resides on the Central Coast of CA with his wife and three young children.Special Offer: www.passiveCREprofits.com |  LinkedIn: https://www.linkedin.com/in/johntpearl/  | Instagram: https://www.instagram.com/johntpearl/ | Website: www.freedominvestor.io For more info, check us out at makeitraincapital.com.Welcome to Make It Rain: Multifamily Real Estate Investing for Millennials!  We're Daisy and Luc, two millennials who love multifamily investing.  With every episode, whether we're discussing a special topic or have on an amazing guest, the goal is to provide education and resources for anyone interested in investing in multifamily real estate, especially if you're a millennial.  We're excited to chat with you about the what's, the why's, the how's, the who's.  The best way to show support is to share it with anyone who might benefit from it and leave us an awesome review. Check out our website at makeitraincapital.com for more goodies.  Take action on your financial future TODAY!

Real estate investment is no ‘get rich quick' strategy. You need to take your time and plan long-term goals. Renato Germoel, the founder of Geromel Capital and new venture Geromel Construction, is here to discuss how he ended up in investment, why it has helped him secure financial freedom, and how all this allowed him to escape the W2 world. Renato shares his inspirations, why he never avoided paying taxes, the importance of investing in hard assets, and how all this has paid off. There are always learning and growing pains, but Renato shares advice on how he overcame these, moved from being within Limited Partners (LP) to General Partners (GP), broke mental barriers, and finally conquered networking. From storing capital to having realistic goals and expectations, you will hear why you can't wait to put your knowledge to work and get into action as soon as you can! Key Points From This Episode: •    What Renato is currently working on.•    The influence Renato's family had on his career choices.•    Renato's experience growing up and living in Brazil.•    The three things that define Renato's freedom.•    How Renato ended up investing in real estate.•    The way Renato manages his 401(k).•    The process of moving from the Limited Partners (LP) to General Partners (GP).•    The move from the W2 world in Milwaukee to Florida.•    How to manage foreign investors.•    Geromel Construction: why Renato branched out to start this business.•    The power and importance of networking.•    What Renato wishes he knew when starting out.•    Why niching down can give you confidence. •    Storing capital: why this gave Renato an edge.•    How do you escape the W2 world? Links Mentioned in Today's Episode: Geromel CapitalGeromel ConstructionRenato Geromel on TwitterRenato Geromel on LinkedInRenato Geromel on InstagramGeromel Capital on Instagram

Everything changes when we shift our focus from what we can get out of a passion to what we can give. And that is a certain strategy for developing the necessary business. Simply go back to your WHY—what do you want to change about the world to make it a little better? Your passion will be the instrument for doing so. You believe that the solution to many global issues is to increase people's levels of happiness. How do you accomplish this since you are so driven to bring joy to others?How do you prefer to express yourself? In this episode of the Quiet Wealth we will talk about 5 Crucial Mindset Shifts to Become an Entrepreneur. Get Ready to build & share the wealth, let's Dive in. In this Episode: [00:00 - 01:41] • Welcome to the Quiet Wealth Podcast.  [01:43 - 15:08]  • 5 Crucial Mindset Shifts to Become an Entrepreneur. #1  Train your mind, to think outside the box. Employees    #2 Develop simultaneously, a short-term vision and a long-term vision.  #3 Become a jack of all trades. #4 Learning is a continuous journey. #5 Feeling uncomfortable is your new comfort zone  • See you on the next Episode.  Build Wealth |  Create Impact | Leave A Legacy  Tweetable Quote:  "Good enough is Good enough. Put it out there, be okay with imperfection and  let it be."  HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts and across other platforms! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Interested in learning about even more side gigs? Grab my FREE list of 20 Next-Level Side Gigs! https://steadystreaminvestments.com/20-next-level-side-gigs/  Ready to make your side gig a full-time gig but don't want to do it on your own? Sign up for my VIP waitlist for my course W2'er to Entrepreneur and take the guessing out of leaving your corporate job!https://steadystreaminvestments.com/w2er-to-entrepreneur/  Follow us at:https://www.facebook.com/steadystreaminvestmentshttps://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQhttps://www.linkedin.com/company/steady-stream-investments NEW TO THE SHOW?Browse through all of our episodes herehttps://steadystreaminvestments.com/podcastP.S. We at the Quiet Wealth Podcast are excited you're here!

This episode is a little bit of a train wreck. We broadcast from the hotel in Hurricane. Chris was sick and fighting to keep his voice. We had some audio issues, but we suffered through. Be patient with us on this one. Topics covered: - 1099 vs W2 and the TikTok that sparked controversy - Will there be a diesel shortage or is it all hype? - The "alleged" trip to the Bourbon Barn in Naperville, IL with Carl Bonecutter - What it's like hiring people in 2022 - The possibilities of blockchain and crypto. - News story about "36-Year-Old Mom of 2 Brings in $144,000 a Year as a Professional Truck Driver" - People with their own authority contacting us about suspending it - No Christmas freight bump?

Edward Dennis is a Financial Advisor specialized in the dental industry. In this episode, he sheds light on five important topics, including insurance, emergency savings, understanding your credit score and ways to improve, retirement accounts (Roth IRAs), contract offers, and understanding the difference between 1099 & W2 employment arrangement. Tune in to set yourself up for success!

In today's show, Pancham interviews Shane Brooks - project engineer, and partner with Wild Oak Capital. Shane Brooks embodies the concept of work-life balance. How did he manage his investments as a real estate investor while working as a project engineer for a midstream company? Through effective time management! In this episode, learn from his experience as he shares how he was able to pursue two of his dreams! He'll also unpack his knowledge and investing mindset as he shares his current portfolio, where he focuses on his investments, and why he still continues to invest amidst the current market status. Listen and enjoy the show!   Quote: “My focus was always kind of growing that kind of your W2 career, but I knew that I wanted to also build both sides streams.” Timestamped Shownotes: 0:38 - Pancham introduces Shane to the show 1:38 - On pursuing engineering and real estate investing at the same time 5:17 - The importance of time management and generating productive work 10:57 - Qualities he looks for in markets and investment properties 12:59 - On having consistent deal flow amidst the current market status 15:31 - How his morning routine helped him to be more productive 18:37 - Taking the Leap Round 18:37 - House hacking a condo as his first investment property 19:54 - How he overcame his investing fears 21:35 - How management issues damaged his 6-unit investment property 23:14 - Why you should align your goals and aspirations to your plans 24:32 - How you can connect to Shane 3 Key Points: Practicing proper time management helps you maximize your time, achieve time freedom, and generate productive work rather than unknowingly wasting time. Looking for deals that would fit your metrics and be able to provide value-add in the properties is one way to achieve growth in the real estate industry. Even if there are a lot of events happening in the market right now, buying deals is still ideal as there is still consistent deal flow. Get in Touch: Shane Brooks - shane@wildoakcapital.com Wild Oak Capital Website - https://www.wildoakcapital.com/ The Real Estate Mindset Podcast - https://www.wildoakcapital.com/podcast/ The Gold Collar Investor Club - https://thegoldcollarinvestor.com/club/ Pancham Gupta Email - p@thegoldcollarinvestor.com

Speaking to the millions of Americans who are trapped in their jobs and living lives of quiet desperation, Del Walmsley opens up about the turning point in his life when he realized that his W2 career accomplishments were empty and unfulfilling, and what he did about it. This show is a life raft for those of you who are ready to break free from the constant grind and start living a successful life for yourself and your family. Click to Listen Now

Each week, on Freedom Investor Friday, John will share his experiences and lessons learned on his journey to leave the W2 world and achieve financial freedom through real estate investing.

*ALL TOPICS DISCUSSED ARE FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY AND NOT TO BE CONSIDERED OR CONSTRUED AS LEGAL ADVICE*   Welcome to the FOUNDATION!   [The] FOUNDATION - Why "PRIVATE" and WHY IT MATTERS! This May Be A Very Controversial Show...   "Sot, what happened to the show from last week?l" We Are Living In Crazy Times, May Be Best To Listen Live...       Some Ideas are based in 'reality". Most Ideas are Simply Dynamite With Very Short Fuses. Most Do Not Understand That It Takes Specific knowledge In Order To Do Everything And Anything. ...   Once You Have "Gone Private" It Is All About What You KNOW. Think About That For A Minute.   The System Is Set Up To Allow Us To BARELY Get By? Let's Talk About Banks, Trust, The Monetary System and What YOU Can Do About It!   As Always, Make Sure To Call In With Any Questions!   Join Host Sot El as we Discuss this and other Topics.   As We Lay the FOUNDATION...

Michael started his career as a securities attorney on Wall St. Michael started investing in a real estate close to ten years ago and two years ago left the w2 world to focus on expanding his real estate platform Cross Mountain Capital Management, LLC and his affiliated property management and construction company - MSA properties, LLC. In the last two years, Michael has raised over $ 10 million in capital and acquired over 500 units as the lead and often times sole sponsor.[00:01 - 06:10] Opening SegmentWe welcome, Michael Gilman!Michael shares his advice for those looking to invest in real estate is to focus on cash flow and leverage  [06:11 - 22:15] How To Leverage Your Properties For Maximum ReturnsHis experience in real estate led him to believe it was one of the safest paths to building wealthReal estate is not volatile, offers tax benefits, and has few competitors in the worldRestarting his real estate career and buying more properties after COVID hitHow he leveraged to buy more properties after mass asset inflationFocus on smaller markets when buying propertiesUsing various strategies to leverage and finance deals[22:16 - 28:52] THE FINAL FOURWhat's the worst job that you ever had?Working as a legal intern at a law firmWhat's a book you've read that has given you a paradigm shift?“Timing The Market” By Deborah WeirWhat is a skill or talent that you would like to learn?Learn to be a handymanWhat does success mean to you?Michael says, “Contributing to your community, your family, raising kids that will contribute to the community.”Connect with Michael GilmanWebsite: Cross Mountain CapitalLinkedIn: Michael GilmanLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:“I wanted something that wasn't prone to evaporate when I needed, and something I could safely build long-term wealth while I continued kind of working my W2.” – Michael Gilman“If the journey wasn't difficult, the destination wouldn't be rewarding.” – Michael GilmanSupport the show

For most real estate entrepreneurs, taking the big leap was their first step into the real estate industry. Some left their W2 job and some accidentally found their way in the business. No matter what your story is, this #Highlights episode will surely resonate with you. Tune in as we feature our conversations again with Ken Wimberly and Eng Taing.Ken opens up about why finding a business coach accelerated his trajectory, helping him set goals and visualize his future. Meanwhile, Eng shares his journey into real estate, how he re-optimized his capital, and how he learned from others through investing with them. Click the play button now and be inspired to invest in real estate today!

We often talk about tax benefits for business owners. But what about those who work for someone else? Can you get tax benefits, even while having a full-time W2 job? Can you pay fewer taxes so that you can actually use your money how you want to use it?   Join Chris Miles as he talks to Billy Keels about how you can get more tax benefits, especially through investing and corporate entities. Tune in now to discover how Billy does it!