British YouTube group
POPULARITY
32 episodes with w2s
24 episodes with w2s
6 episodes with w2s
4 episodes with w2s
4 episodes with w2s
3 episodes with w2s
3 episodes with w2s
2 episodes with w2s
2 episodes with w2s
Send us a textThis week, ain't nothing funny but....we have a few jokes. We're taking on Kanye's change of heart, Gospel Plies, American Idol, and so much more. How many W2s did Nich have this year? Is Dollar General the Alabama state flower? Are trampolines the state bird? Laugh until your brain hurts!Hosted by Nicholas Finch & Kirstan Cunningham New Episodes every Thursday!! Please subscribe, rate, and review! Listen on Apple Podcasts, Spotify, Google Podcasts, or wherever you listen to podcasts! Head to truecomedypod.com for all things True Comedy! Follow us on social media! Facebook: facebook.com/truecomedypodcast Instagram: instagram.com/truecomedypodcast Twitter: twitter.com/podcast_true
Think you need a job or steady income to qualify for a mortgage? Think again. In this episode, Joe Cucchiara breaks down a powerful loan option for buyers with significant assets but no traditional income. Whether you're between jobs, recently sold a business, retired early, or just taking a break, you may still qualify for financing. Joe explains how lenders can use your assets to calculate qualifying income—without W2s or paystubs. It's not “no-doc,” it's smart lending. Tune in to learn how to leverage your financial profile in today's real estate market. To learn more, simply visit www.RERadioLive.com. All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.
Episode 228Phase 45 of the recessionWhat does this mean for us W2s?Where does the bleeding stop for S&P500?Rigo - 4500Tony - 5100Car Show - 3000Steve Camarillo - 4100Carlos's trip to MexicoMeasels Outbreak in TexasSwaggy arrestedDodgers go to the White HouseVal KilmerDo we have a final date at birth?Carlos gets hit on at the storeCarlos meets a journalist on the way homeCookie or Nookie?Rigo goes to the bakeryExtending last call to 4amI said Montana BabyA restaurant called you'll get it when you get itWe're sponsored by Rhino
Send us a textIn this episode of the Retire Early Retire Now podcast, host Hunter Kelly from Palm Valley Wealth Management dives into all things taxes to help you prepare for the 2024-2025 tax season. Learn how to organize and manage essential tax documents including W2s, 1099s, K1s, and more. Discover common income-related documents, tips for staying organized, and the importance of communication with your CPA and financial advisor. Whether you're a high-income earner with complex tax situations or someone filing simple returns, this episode is packed with valuable insights to minimize errors, avoid penalties, and optimize your financial planning.00:00 Welcome to the Retire Early Podcast01:14 Importance of Tax Organization02:28 Common Income-Related Documents08:50 Business and Real Estate Tax Documents11:52 Tips for Staying Organized14:32 Conclusion and Final AdviceCheck out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify
Ready to end the year with a gift to your future self? In this special episode, Brian guides you through a six-step process to close out 2024 and set yourself up for success in 2025. You'll tidy your finances, get a jump start on thinking about taxes, evaluate your business performance, and set strategic goals. Your Year-End Business Review Checklist Step 1: Close Out Your Financials Closing out your financials may sound dry, but it's imperative to get right. Review your books -- Review your profit and loss for the year for any discrepancies, outstanding invoices, or payments that need to be paid. Make sure you have the correct categories for your transactions to save you a headache when you prepare next year's tax return. Reconcile your accounts -- Every month, but especially at the end of the year, you should reconcile your financial accounts, including bank accounts, credit cards, and loans, to reveal unaccounted expenses or hidden fees. Analyze your cash flow -- Review your cash flow to see what you owe and who owes you. You can also get a clear picture of whether you can defer income to next year or incur more expenses this year to save on taxes. Review your payroll -- Ensure wags, taxes, and benefits are accurate and that Bonuses are accounted for with proper tax withholding. Step 2: Evaluate Your Tax Position Once your financials are in place, it's time to shift to taxes. Consider year-end tax deductions -- Incur expenses for purchases like office supplies, software, professional services, and equipment you will have in the coming year. Review your retirement contributions -- Don't miss your opportunity to make employee contributions to your Solo 401(k) before the December 31 deadline. Plan for next year's taxes -- Project what your tax liability might look like next year, plan for potential quarterly tax payments, and evaluate whether you might qualify for tax credits or deductions. Also, start gathering important information for tax forms, such as 1099 NECs and W2s. Step 3: Reflect On Business Performance Once the numbers are in order, it's time to review the past year of business performance and make meaningful adjustments. Review key metrics -- Identify the key metrics for your business, determine whether or not you hit them, and analyze why or why not. Analyze client data -- Come up with your ideal client profile but remember that high paying isn't the same as high value. Employee performance reviews -- If you have a team, conduct an annual performance review to acknowledge achievements, identify areas for improvement, and set clear expectations for next year. Step 4: Refine Your Vision, Mission, and Values Let's dig deeper into your mission, vision, and values, which are at the heart of mission-driven businesses. Reassess your mission and vision -- Ask whether your mission or vision has evolved or shifted and update your mission and vision statements if necessary. Clarify your core values -- Just like with your mission and vision, reflect on your core values and update them if necessary. Step 5: Set Strategic Goals For 2025 After reflecting on the past, let's look forward by setting achievable, flexible goals. Set SMART goals -- Aim to set goals that are specific, measurable, achievable, relevant, and time-bound. Break down goals into actionable steps -- Know the next, right step to make your goals less overwhelming and chart a clear path forward. Build in flexibility - The market, economy, and client needs are always evolving. Build checkpoints into your plan and make course corrections as needed. Step 6: Tidy Organizational Processes Don't overlook the operational side of your business to save yourself headaches and hours in 2025. Audit your systems and tools -- Review the software, apps, and systems you are using, take note of the tools you aren't using, and automate repetitive tasks. Organize digital files -- Organize digital files in clearly labeled folders to easily find essential documents. Review contracts and legal documents - Check that your contracts and legal documents with vendors, clients, and employees are up-to-date and compliant. Resources + Links Brian Thompson Financial: Website, Newsletter, Podcast Follow Brian Thompson Online: Instagram, Facebook, LinkedIn, X, Forbes About Brian and the Mission Driven Business Podcast Brian Thompson, JD/CFP, is a tax attorney and Certified Financial Planner® who specializes in providing comprehensive financial planning to LGBTQ+ entrepreneurs who run mission-driven businesses. The Mission Driven Business podcast was born out of his passion for helping social entrepreneurs create businesses with purpose and profit. On the podcast, Brian talks with diverse entrepreneurs and the people who support them. Listeners hear stories of experiences, strength, and hope and get practical advice to help them build businesses that might just change the world, too.
Theo and Reev return for a crazy time at W2S's crazy birthday golf day, Tom challenges the lads to solve a murder mystery and Lewis reveals the true story of how the greatest empire in human history fell...Produced by The Fellas Studios: https://fellasstudios.com/podcastsTheo:https://youtube.com/c/HiMalfoyhttps://youtube.com/c/TheoBakerVlogsOllie:https://youtube.com/c/reevhttps://youtube.com/c/OllieFletcherTom Garratt:https://www.youtube.com/@TomGarratt10Lewis:Worm. Hosted on Acast. See acast.com/privacy for more information.
Welcome back to my interview with Hannah Selinger–James Beard Award-nominated lifestyle journalist, Certified Sommelier, about-to-be memoirist, and–surprise!-someone who just sold her first novel. In this episode we really get into the nitty gritty of the mindset it takes to build a career as a journalist and author. We covered: The amazing feeling that happens when a longer piece of writing falls into place How starting the actual writing or a new piece gives her the heebie jeebies Fighting imposter syndrome after reading another writer's stellar work Loudmouth troll shitposting on Instagram The devolution of journalism and how to navigate it Scraping by at lousier pay rates, and the enormous stack of W2s it generates The fallacy of people telling her it wasn't possible to make a living as a writer Staying afloat in an industry that frequently experiences large scale layoffs Yes, Virginia, you can sell a novel to a publisher Connect with Hannah at https://www.hannahselinger.net/ or on Instagram @druishamericanprincess. For full show notes with links to everything we discuss, plus bonus photos!, visit katehanley.substack.com. Thank you for listening! And thanks to this week's sponsor, Air Doctor Pro. Visit airdoctorpro.com and use code KATE to save 30% off an amazing indoor air filter *and* receive a free three-year warranty (an $84 value). Learn more about your ad choices. Visit megaphone.fm/adchoices
When boutique hotels started gaining popularity, today's guest moved from single-family investing into the burgeoning boutique hotel space. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Andrew Owlett, a former firefighter who transitioned into real estate investing. Andrew is a developer of hotels, short-term rentals, long-term rentals, and now boutique hotels with a wellness twist. He is also the founder of Night Owl Academy, Night Owl Management, Night Owl Capital, and STR on Auto-Drive. Jonathan and Andrew begin their discussion by exploring Andrew's experience as a firefighter, which led to PTSD and, ultimately, real estate investing and wellness. Andrew explains the importance of building camaraderie and community to create a positive impact for remnants and guests, as well as getting your spouse or partner on board with investing. You'll hear what appeals to Andrew about boutique hotels and invisible personalization, how he got his start with a townhome in Baltimore, and how he stays focused on the customer experience and business optimization. Andrew explains why he and his wife are both still at their W2s, hiring others to take care of the things you don't enjoy, and creating hospitality for hotel guests while depending on their online reviews of your property. Boutique hotels are a unique way to reap the benefits of short-term rentals and multifamily while offering experiences for guests. Andrew Owlett is passionate about this investing niche and is sharing the benefits with others. In this episode, you will hear: Andrew Owlett's transition from his job as a firefighter and struggling with PTSD into real estate investing and wellness Building camaraderie and community with others to make a positive impact for tenants and guests Having your spouse or partner on board and supporting one another The appeal behind boutique hotels and implementing invisible personalization How Andrew got his start with real estate investing using a townhome in Baltimore and what it taught him Not being 100% hands-off but remaining focused on customer experience and business optimization Why Andrew is still at his W2 and who is transitioning out first Hiring people to take care of the things you don't enjoy and starting small Creating hospitality for guests in a boutique hotel environment, reviews, and the downsides of not being able to screen guests Follow and Review: We'd love for you to follow us if you haven't yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We'd love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast. If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at https://zenandtheartofrealestateinvesting.com/podcast/194/ to download it. Supporting Resources: Night Owl Academy - www.night-owl.academy Andrew Owlett on Instagram - www.instagram.com/andrewowlett Night Owl Capital - www.night-owl.capital Night Owl Management - www.night-owl.management STR on Auto-Drive - www.strauto.info Website - www.streamlined.properties YouTube - www.youtube.com/c/JonathanGreeneRE/videos Instagram - www.instagram.com/trustgreene Instagram - www.instagram.com/streamlinedproperties TikTok - www.tiktok.com/@trustgreene Zillow - www.zillow.com/profile/StreamlinedReal Bigger Pockets - www.biggerpockets.com/users/TrustGreene Facebook - www.facebook.com/streamlinedproperties Email - info@streamlined.properties Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.
Send us a textIn this episode of the Retire Early Retire Now podcast, host Hunter Kelly of Palm Valley Wealth Management covers fundamental aspects of the tax code. The discussion spans the progressive nature of income taxation, the roles of marginal and effective tax rates, and the additional costs of Social Security and Medicare taxes. It explains the differences in tax responsibilities between employees and self-employed individuals, emphasizing the importance of accurate tax withholding and the strategic planning of quarterly tax payments. Key tax terminologies, such as gross income, adjusted gross income (AGI), deductions, and credits, are explored alongside common forms like W2s and 1099s. The episode aims to empower listeners with the knowledge to optimize financial management and long-term goal achievement by legally minimizing tax liabilities. Listeners are encouraged to follow and share the podcast to deepen their understanding of these critical financial topics.Check out the Palm Valley Wealth Management WebsitePalmValleywm.comCheck us out on InstagramLinkedIn FacebookListen to the Podcast Here! AppleSpotify
When you know that you're an entrepreneur at heart but you're still working your W2 job, when do you jump ship? It's the age old question all aspiring business owners ask themselves. On one hand, we can burn the boats and go all in on the business. You'll have way more time to dedicate to it and you can scale faster. Or you can get the business off the ground, build it up on the side and then quit when you've got some momentum going. Most aspiring business owners have taken the latter approach - it's an easy way to start without pressure and test out the concept to see if it's viable. That's the approach Matt Floyd and Craig Gerulski took. For the first 3 years of their business, they worked full-time in their W2s but put a date to leave in place. What steps did they take to prepare to leave their W2? How did they build the business with strong operations from the ground up? How can our W2 experience actually help us in business? In this episode, the founders of Stay Classy Homes talk about their journey, and how they went about walking away from their W2 jobs and going all in on their business. Topics Covered; -The power of getting around people doing what you want to do -The mental challenge that comes with leaving a W2 -How to prepare to leave your W2 -How to find the opportunity in boring businesses and industries -The best things about being an entrepreneur Guest Bio Matt Floyd and Craig Gerulski are entrepreneurs and the founders of Stay Classy Homes. After staying at their first AirBnB's as guests in 2018 in Nashville and Breckenridge they quickly fell in love with this new concept of traveling like locals all around the world and creating genuine relationships along the way. Those experiences inspired them to begin investing in Vacation Rentals while working W-2 jobs for large corporations. Matt and Craig were both passionate about reaching financial freedom through real estate investing and felt that Vacation Rentals provided the best combination of cash flow, appreciation, and tax benefits while also allowing them to visit their investments with family and friends and create lifelong memories. For more information, head to https://www.stayclassyhomes.com/. Host Bio Jayla Siciliano, Shark Tank entrepreneur turned real estate investor, excels in building brands, teams, and products. CEO of a bi-coastal luxury short-term rental company, she also hosts the Seed Money Podcast where she's on a mission to help early-stage entrepreneurs turn their ideas into reality! Connect: Website: seedmoneypodcast.com Instagram: @jaylasiciliano Subscribe and watch on YouTube @seedmoneypodcast
Owning rentals could help you become financially free, afford you more time with family, and allow you to travel the world. Whether you're stuck in a career you dislike or you need a more flexible job, you're about to learn that real estate investing could be your golden ticket! Welcome back to the Real Estate Rookie podcast! Despite earning six-figure salaries as engineers, Emily Love and her husband were stressed, exhausted, and dissatisfied at their nine-to-five jobs. So, with the goal of one day trading their W2s for financial freedom, they set out to buy their first rental property. Little did they know that ONE deal would quickly snowball into a real estate portfolio with twelve doors—allowing them to leave their engineering careers behind and replace their income with a concoction of cash flow from rentals, co-hosting, and consulting! Do you dream of leaving your job and becoming a full-time real estate investor? You won't want to miss this episode! Emily shares how she reverse-engineered her cost-of-living number to set clear investing goals, used the profits from her first property to build her portfolio, and created multiple streams of income in her real estate business! In This Episode We Cover How Emily and her husband replaced TWO six-figure salaries with real estate Why your FIRST real estate deal is so important for achieving your investing goals How to scale a portfolio that allows you to leave your nine-to-five job Reverse-engineering your cost-of-living figure to find your investing strategy How to start (and scale!) your own co-hosting business from scratch The BEST ways to find high-quality contractors for your renovation projects How to extract multiple income streams from your real estate business And So Much More! (00:00) Intro (00:48) Life Before Real Estate (07:31) Current Portfolio & First Deal (15:16) “Snowballing” with Rentals (21:28) Leaving Her W2 Job (26:58) Creating Other Income Streams (34:59) How to Start Today! (36:54) Connect with Emily! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-436 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
https://youtu.be/-FNd6IGR1Vk Chris Prefontaine, Founder of Smart Real Estate Coach, is motivated by creating experiences that money cannot buy. We learn about Chris's journey from the 2008 real estate crash to establishing Smart Real Estate Coach in 2014. He developed an interactive model for creative property deals without banks, cash, or credit, enabling students to work with them across North America. Chris's frameworks include owner financing, lease purchases, and subject-to deals, helping students avoid financial exposure while achieving their goals. He also shares his LeadGen Stacking framework, which involves swapping email lists, writing books, building a YouTube presence, and hosting events. This diversified approach ensures a steady stream of leads and business growth. --- Stack Your Lead Generation with Chris Prefontaine Good day, dear listeners, Steve Preda here with the Management Blueprint Podcast. And my guest today is Chris Prefontaine, the founder of Smart Real Estate Coach, four times bestselling author, three times Inc. 5000 honoree and the top half percent podcast host. Chris, welcome to the show. Thanks Steve, good to see you as always. All right, so let's dive in and let's talk about how you started Smart Real Estate Coach and how does it connect to your personal Why? Sure. Okay, so Smart Real Estate Coach, I've been at real estate for 33 years, but Smart Real Estate Coach started post 2008 real estate crash. So, that was a few years later after I dug my head out of the sand and got beat up financially. We started in 2014 officially, and it was spawned, Steve, pretty organically, meaning myself, my son and my son-in-law were buying and selling properties creatively without banks, no cash, no credit. And then we started to get demand, organic demand, so we could teach others to do the same. And then that grew organically until about 2000, gosh, I don't think we even advertised until about 2020. And so now we don't just do our own real estate deals. We have students all over the country, all over North America, because Canada as well, doing real estate deals the way we do them without utilizing their own cash, without utilizing banks or jeopardizing their personal assets. So that's how it was born. And we have an interactive model whereby they're doing deals with us in the trenches, so to speak. Not here's a course, go ahead, good luck. There's a big difference in that model. That's why I call it interactive. Love it. So how does it connect to your personal Why, what drives you as an individual? Yeah, my, I mean, that changes with age, right? But my why of late is to create experiences and do the things that money cannot buy, but you got to create money and wealth to get there, right? So, create the money and wealth to do the things that money and wealth can't buy, create experiences.Share on X And when we take on a new student, if you think about it, we're creating three paydays, we've trademarked that on every deal they do. And they're able to create life experiences out of that, that they'd never dreamed of. Some of these people were in W2s for gosh, 20, 30 years, and we helped them exit that and come over. So, they are creating experiences. And I like that alignment because it's never boring. A new student comes in, we get to start a new transfer of that Why and that experiential treatment. Pretty neat. So, give me an example of what these new experiences look like. Are these personal experiences? Are these the business experience? Is it the training experience? What are we talking about here? Yeah, when you relate it to my Why, it's personal experience. So, it's again to create the income and the wealth to do things that money can't buy. For example, building where I am now in my new home up in the woods and being able to bring grandkids in and create family experiences. Well, likewise, with the students, I'll use the most recent example, Rick in New Hampshire.
Despite living in paradise, Jason and Kelly were struggling with the high cost of living and tell Al Gordon how Lifestyles Unlimited provided a turning point. Motivated by educational insights gained at the 2-Day Financial Freedom Seminar, they decided to take action by investing in real estate remotely from Hawaii. Starting in San Antonio, hear how they've built a powerful passive income portfolio on the mainland that is replacing their W2s! Click to Listen Now
As property managers you likely know a little bit about mortgages. But do you know about non-QM loan strategies and how your clients and investors can utilize them? In this episode of the #DoorGrowShow, property management growth experts Jason and Sarah Hull sit down with Matt from Nexa Mortgage to talk about using non-QM strategies to unlock your portfolio's potential. You'll Learn [05:46] QM loans VS non-QM loans [16:14] Why Jason and Sarah went with non-QM [22:07] Which one should you choose? [26:46] Why should property managers know this? [32:23] What about long-term rentals Tweetables “If you have a great manager, it makes sense to get as many properties as you possibly can, knowing that they are in good hands and they are being taken care of because all you're doing is printing money.” “If you have a way that you can help your investor clients get what they want, which is more deals, it's a win.” “If you are a property manager, you should also be an investor in real estate.” “It's great to manage properties and let's do that and build wealth ourselves.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive TalkRoute Referral Link Transcript [00:00:00] Sarah: He said, "I am not joking. I had to submit over 100 documents to the company in order to just see if I'm qualified to get this additional loan. And he's like, I just feel like there has to be an easier way." And there is, but sometimes people don't know about that. [00:00:20] Jason: Welcome DoorGrow property managers to the DoorGrow show. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you are interested in growing in business and life, and you're open to doing things a bit differently, then you are a DoorGrow property manager. [00:00:39] DoorGrow property managers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate high trust gateway to real estate deals, relationships, and residual income. At DoorGrow we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. We're your hosts, property management, growth experts, Jason and Sarah Hull, the CEO and COO of DoorGrow. Now let's get into the show. [00:01:23] All right. And today we're hanging out with Matt Dean of Nexa Mortgage, and we're going to have an interesting conversation about financing and loans and I don't know, and some other stuff, but Matt welcome to the show. [00:01:36] Matthew: Good morning. [00:01:37] Good morning. Thanks for having me. [00:01:38] Jason: It's good to have you. So give us a little bit of background of how you got into the whole real estate industry and give people a little bit of background on you. [00:01:49] Matthew: Sure. So, after I graduated from college, which I went to college in Missouri, I ended up moving to Austin, Texas, and one of the first jobs I got was with a commercial finance company and that landed me in Lakeway, which is where I reside now, and have been for over 15 years. But the commercial finance company that I worked with was was a fairly new company that came in from California. The owners Had a mortgage background and had gotten into this commercial finance division. [00:02:15] They had sold off a couple of mortgage companies opened up this division and Lakeway. They were also land developers and commercial finance guys. So they saw a lot of opportunity out here and opened up this company. So anyway, I got in on the ground floor. They were relocating the company here and had a couple year run with that. [00:02:31] And then in early 2000, the .Com kind of came in and blew up that whole industry. So what we were doing was commercial finance, equipment finance really, and at the time it was a lot of computer equipment and I was working with a lot of Dell sales reps that were taking over some of their overflow that Dell didn't want to finance. [00:02:49] So, when all that happened, and it blew up the owners who had the mortgage background really saw that "hey, we're going to see a refinance run here. The market's going to crash rates are going to come down. There's going to be a run." And so they immediately just flip. They had a mortgage company here, but it wasn't early. It was dormant. Yeah. And they flipped it open and and just started building that company out. And so that's ultimately how I got into the mortgage business. And, right after that, we had this really big refinance run. We grew that company very quickly to about 35 employees where we were doing 300 to 400 loans a month with a fairly small company. [00:03:27] And that just, jump straight in and learn the business. And so then in about 2007 ish, 2006 ish, I really got exposed to the investment world, so to speak. I got partnered up with a real estate brokerage here in Austin that focused on investment properties and primarily what they were focusing on was duplexes. [00:03:47] And so that year in 2006, I believe it closed 152 duplex transactions, and it was mainly California investors coming into Austin. And it really just changed my whole perspective of the mortgage industry as opposed to first time buyers or veterans, which I enjoy working with all those folks, but the commercial or the investment world, it's a different animal in that it's less emotion and more about business. And so I really just gravitated more to working with investors, started buying properties myself managed a few properties myself and then, evolved from there. But I worked with that same group and Lakeway for about 12 years and then moved around a couple of places and work for a builder and and a couple other companies. [00:04:29] But anyway, that's how I got in it, got started. [00:04:31] Jason: Yeah, so you've seen it from a few different angles than the whole real estate investment industry, sounds like. [00:04:37] Matthew: Yeah, I've been through a few of these cycles of ups and downs. Obviously the refinance run early on was, really interesting, but a lot of good, easy money on the table, so to speak, but then we had the crash, which was a very difficult time for a couple of years, although, Austin weathered that storm pretty well relative to a lot of other areas of the country. [00:04:56] So, even though our volumes were down, our real estate didn't see as big of an equity loss and the job market here in Austin's always been really strong. So, it pulled us back out of it fairly quickly. We're in a situation now where rates are high and property values have gone up. [00:05:11] And it's a challenge for some folks here to purchase. A lot of folks are just priced out of the market and can't afford it. And property taxes aren't helping that situation. [00:05:19] Jason: Yeah, [00:05:20] Sarah: It's so pricey here. So pricey. [00:05:22] Matthew: But we're starting to see a little bit of pull back on the values and the houses. It's a little bit more of a buyer's market now, but it still needs to come down a little bit, I think in my opinion, it's to balance the market again. [00:05:34] Jason: Interesting. So the topic today is unlock your portfolio potential, non QM strategies for real estate investors. And for those that don't know what QM is, which I don't. So educate me. What's QM? [00:05:47] Sarah: So I handled all of this stuff and Jason got to the closing table and he's like, "I'm an owner in the LLC, right?" [00:05:54] Matthew: It's like, yeah, I barely talked to you along the way, but anyway, yeah, so let's talk a little bit about QM and how that all started. So, after the real estate crash in the 2006, 2007, eight ish area the CFPB was formed a consumer finance protection bureau, which took over the regulation with the mortgage industry. [00:06:12] It took them a few years, but in 2014 they implemented what was called TRID, which you may have heard that word, but it was where we got rid of the good faith estimate and integrated the new loan estimate and closing disclosure took over. And at that same point in time, the regulations came out and then classified conventional loans or reclassified them as qualified mortgages. [00:06:35] What that means really is the CFPB was trying to put protections in place to protect consumers and also strengthen guidelines to make sure that people or buyers had the ability to repay. So what that really meant was additional restrictions on ability to repay, debt ratio requirements, reserve assets, et cetera. [00:06:55] So, if you do a conventional loan, which is Fannie, Freddie. Those are considered qualified mortgages. They have additional protections in that you're maxed at the amount of fees you can charge a buyer. The APR has to be within guidelines within a maximum. So all those things are really for consumer protection, right? [00:07:14] At the same time, what caused the market crash before was what subprime mortgages. And so at the time, subprime mortgages initially had a place in the market. They really were good for investors because investors were putting money down, they had good credit typically, and they had reserve assets. [00:07:35] When the market shifted, and they started using subprime loans to qualify buyers for primary residences that really had no business buying homes is where it got in trouble. So after QM was announced or came out with CFPB, then they also had non QM loans. What that means is any loan that falls outside of the qualified mortgage guidelines, for whatever reason, can still be funded or it would fall within non QM. [00:07:59] Non QM just meant if you're a lender who does those type of loans, you're now required to hold additional reserve assets in your bank or your mortgage company per loan to cover for the potential higher risk and default. [00:08:12] Jason: Okay. [00:08:13] Matthew: And it took a few years from 2014. The market started to come out with products in 2015. [00:08:18] The industry was really not sure how to handle it. A lot of banks didn't want to even dive into it. And then it started to evolve. And "okay, there's a big market here." So now it's one of the fastest growing segments of the market and banks have realize or figured out how to meet the ability to repay guidelines with alternative methods, right? [00:08:41] So you don't have to have W2s and tax returns and pay stubs, which a conventional QM loan would require. Now, they look at different factor, like, 12 months business bank statements. I can look at a CPA prepared profit and loss statement, I can look at just the rent income on the property and that's what's classified or called DSCR. [00:09:03] And then also it's asset based loans where we just look at the asset and we turn the asset into a revenue stream. So that's really how non QM started and really what it is. It's just an alternative way of qualifying the mortgages that falls outside of the Fannie Freddie conventional type of loans. [00:09:21] Jason: Got it. [00:09:21] Sarah: So what does that mean for investors? Because we have some investors that listen to us and we have some property managers who work with investors. So what would that mean for an investor that is looking to get into more investment properties? [00:09:39] Matthew: Yeah, absolutely. So, the challenge that a lot of investors run into is a lot of them are self employed and a lot of them start accumulating property. [00:09:48] So if they fall into either one of those categories, either they're self employed. Or they've accumulated a lot of properties or both, right? The challenge becomes with qualified mortgages is from an income perspective, right? So good CPAs are going to try and shelter income for self employed borrowers and for investors by showing, minimal profits or minimal or losses on their properties. [00:10:11] And so, as investors start to accumulate more properties, it becomes more challenging to qualify for conventional loans, because for every property on a conventional loan, Fannie and Freddie want additional reserve assets. So that means you start getting 6 properties, you need assets for each one of those properties on top of down payment funds for the purchase property and the reserves on that property. [00:10:33] So, from two perspectives, either an income perspective, where we have a challenge again, a self employed borrower shows losses on his tax returns for the last 5 years by design, because he doesn't want to pay taxes, or we've got multiple properties also showing losses when I'm looking at income on a conventional loan basis, I have to use the income from the tax return. [00:10:52] So losses can be a problem. Also, the reserve requirements, so, taking into those two scenarios, you've got a self employed borrower that, let's say they, they have gross revenue of half a million dollars, but they're showing losses of, 50-60-70,000 dollars. We're just looking at 12 months bank statements in that case, which gives us gross revenue and then we back out of a factor of say, 25 to 30 percent for taxes and we use that as revenue or income to qualify. If we have an investor that, let's say, not necessarily self employed they have multiple rental properties that are basically just, showing losses and now their income is diminished to where they can't qualify. [00:11:32] Then we have the debt service coverage ratio programs. Like, we utilize with your property where we're looking at just the rent on the property. Right? So the rent the market rent or the short term rental just needs to cover the principal interest, taxes, insurance and fees. And so those are 2 products that we use and that's really how, I would say it helps investors in those scenarios. [00:11:54] The other products that we could look at are P& L products meaning that ACPA provides a P& L statement, and then we can use that income, or if they have significant assets just in investment funds and whatnot, we can turn that into a revenue stream. But the bottom line is it just eliminates the need for W 2s, tax returns, or pay stubs, and we look at other alternative income sources to qualify. [00:12:18] Sarah: It's funny. I was actually on Instagram the last week, I think. And there's this guy, he has a very large account and I can't remember his name. And he's very big on investing in real estate. And he said, "guys, like, I just need some help. I like I'm going through this whole process and you jumped through 10, 000 hoops." and he said, "I am not joking. I had to submit over 100 documents to the company in order to just see if I'm qualified to get this additional loan. And he's like, I just feel like there has to be an easier way." And there is, but sometimes people don't know about that. I still talk to investors and property managers and they don't know. [00:13:02] They're like, "I'm just too conventional. That's like what you do. That's like the normal thing that we're all trained and used to doing." So just knowing that there are other options that don't require all of these crazy hoops to jump through and all of this documentation and lots of red tape and underwriting. [00:13:22] It's not that it's eliminated. It's just that it's a lot easier of a process and especially if you're a savvy investor that takes a loss on your taxes, just because your tax return shows a loss, it doesn't actually mean that you're losing money, right? So there's a big difference there. So that plays a big part too. [00:13:43] Matthew: Yeah, there are investors. Sorry. I didn't mean to jump in there, but there are definitely investors that lean on that from a documentation standpoint. Right? They've been down this road. They have multiple properties and more properties, you have the more documentation you need to provide to try and qualify for those conventional loans and it just becomes more and more challenging. [00:14:00] And, even more so if you have a loan officer on the front end of that's trying to originate a loan, that isn't really versed in investment properties and doesn't know how to underwrite the tax returns, they can get in trouble. They look, "oh, I got good credit. I've got down payments." But when you try and pull together tax returns and the income from multiple properties and business losses and this and that, it becomes very complex. And it's honestly, a lot of loan officers don't even know how to look at that correctly. And so they just throw the file up. It goes to underwriting. And then 2 weeks later, they've got a problem. But I just closed a deal actually yesterday and it was ended up going non QM short term rental. And the gentleman is great credit owns his own businesses, owns multiple properties and schools here, but the documentation, because he owns, like, 8 companies and probably 7 or 8 rental properties, and he had a partner in this particular property that, It became so complicated with trying to pull some of that stuff together and also with the partner who wasn't necessarily as strong as him where it just made sense for us to go short term rental and move on. [00:15:07] And that's what we did. So we just made it easy. He was happy that he didn't have to continue to jump through all those hoops. And we were able to get the property done and close in about two and a half weeks. [00:15:17] Jason: You said it made sense to go short term rental. You meant to go non QM. Is that what you meant? [00:15:21] Matthew: To go non QM. Yeah. We went short term rental income, which is non QM to qualify the income on the property. This happens to be a short term rental down on the Comal River and it's got great income. It just he had a private money loan on it when he purchased it needed to refinance the note was coming due and he just has a very complex financial situation. [00:15:43] And he got involved with a partner on this property that also created some challenges with that particular situation and just made it a lot easier to use him and go non QM short term rental income only and just get it done. [00:15:54] Jason: So, would that be a DSCR loan going on the short term rental income? [00:15:59] Or is that different? [00:15:59] Matthew: Yes, it is technically a DSCR loan, which means debt service coverage ratio. And this is what we utilize with your property as well, by the way. we're looking at either long term rents. [00:16:10] Jason: We should tell that story, by the way, everyone listening has no clue. [00:16:13] Sarah: I know, right? [00:16:14] Jason: Why don't we have Sarah explain like why we went this route, how we ended up talking with Matt and like how this all worked out. [00:16:21] Sarah: Okay, let's do that. So, Jason, oddly proudly, he's like, "I've never owned a rental property and I've never managed a rental property. And I do this now." And I said, "this is nothing to be proud of. Like you're 46, you should own things. You should have assets." So like I, on the other hand, like I had, in my twenties, I started investing in real estate. So, Jason and I for a while have been saying like, "when are we going to get one together?" [00:16:48] Because we didn't have one yet and he never had one. [00:16:51] Then also our circumstances in life have changed a little bit. And we thought " we need an additional property at this point." And we were in a unique situation where right now in Austin, I'll just start by saying long term rental is hard to make it make sense financially. [00:17:10] You're probably not going to cashflow. [00:17:13] Jason: Yeah. [00:17:13] Sarah: Not right now. Anyway, it's just, it's really hard because prices are high. And interest rates are also high. This is where we are. So we couldn't have possibly done a long term rental anyway, because we needed the property to have some personal use on it. [00:17:28] And we decided, "Hey, let's also use it for some of our DoorGrow events." Because every time that we do an event, We pay somebody else. [00:17:37] So let's pay ourselves through that. So for that reason, it only can really be used as a short term rental property. So we decided, "Hey, there's these kind of three components." [00:17:48] And I'm really big on asset protection, meaning I need the property to be owned and deeded and financed in an LLC. So originally I was working with another agent. We've worked with him before on our primary home. He's a really great agent. I had asked him about, "can we fund it in the name of an LLC?" [00:18:09] And he said, "no you can't do that. It doesn't really work that way." And it seemed like he was just trying to talk us out of it. I even talked with that he typically uses and that we used on our, Home that we live in. And he said, "Oh no, yeah, we don't do properties in the LLC. It'll be in your name. And then after closing, we could do a quick claim and then like change the deed and put the deed in the LLC name." And I said, "okay, what about the mortgage?" And he said, "no. The mortgage stays in your name." And I said, "I'm out." Like that is where I'm out. You're piercing the veil. [00:18:44] All of my personal assets would now be exposed and on the line. And that completely defeats the purpose of having an LLC. And he was like, yeah, we just don't do that. I really don't think that's going to be a problem. So I said, "okay, do you know anybody now he's been in this business for like 20 or 30 years?" [00:19:02] "Do you know anybody that can do that?" And he said, "Oh, not really." So that was time to start looking for somebody else because I know that it can be done. I've done it in Pennsylvania. So there's no way that Texas can't do this. Texas is far ahead of Pennsylvania in a lot of different ways. [00:19:19] Jason: So we found another agent. [00:19:20] Sarah: So we found another agent who then referred us to Matt and he said, "Hey, I know a guy. He's really great. And I'm pretty sure he can do what you need." So I said, "great. What's his information?" I had a conversation with Matt and he's like, "Oh, well, yeah, we can do that." And I said, "so you can put the loan in the LLC. Not my name, the LLC. He said yeah, we can do that." Like it was easy. So it can be done. Sometimes you just have to look around a little bit. So that was how our deal was structured. So we went non QM and we ended up doing, since it is a short term rental, we went DSCR so that the rents would cover essentially your PITI. [00:20:00] And this is how we made our deal work. So we closed PITI. [00:20:06] Jason: PITI for the listeners is... [00:20:07] Sarah: principal interest taxes insurance. [00:20:11] Matthew: Yeah, so, I know that was how our conversation started was, " can we do this in the LLC?" And we walked through that and the pros and cons a little bit, I think, and that's one thing that conventional QM loans don't really not really, they don't allow that. You cannot fund in an LLC. [00:20:25] Now, what happens is a lot of people like you were advised, "hey, fund it in your name, slip it to the LLC later." That can cause some problems because Fannie Mae does have due on sale clauses in their loan documents. So, technically, if there's an ownership change, that note can be called due. Typically, you can just flip it back into your name and stop that process, but it becomes a cat and mouse game back and forth if you have a servicer that's trying to, exercise that for some reason, it doesn't happen very often. It's not a very high risk, but it's definitely something you need to be aware of. On the non QM side, the lenders want these, or most of them prefer them to be funded into LLCs because non QM as a whole is considered business purpose lending. [00:21:11] It falls outside of the consumer protection, finance protection Bureau oversight. So, it's considered or classified more of like a commercial loan. And so most of them require, or want you to fund into an LLC. There are some that will do them in their personal names. It's interesting. They follow more of a conventional loan program, which I'm not really sure I understand, because they issue a closing disclosure and they look at loan estimates, even though it's considered a non loan. So they just handle a little bit differently. Those companies will allow you to do it in your name and some of them are doing a lot of those companies are also doing primary residences under a non QM basis. So bank statement products for somebody who may be self employed also trying to buy a primary residence. That's where I see it more. Most of the the LLC stuff is for investors and those lenders are going to. Really prefer or require it to be in an LLC. [00:22:07] Jason: Got it. Okay, cool. So what should investors know in order to make the decision as to which way they should go? Like, how do you make the deciding factor? Like, what are some of the things that kind of weigh into this? [00:22:20] Matthew: Yeah, I think really it's a conversation initially of can they qualify for a conventional loan? Do they understand what non QM loans have to offer? A lot of investors aren't familiar with the details of non QM loans, how they work, how they can help them. So it's really an education conversation of, what options we may have available. Right? I would always start with the conventional loans typically and, see if we can qualify. If you can go that route and you're putting 25 percent down you're going to get a little bit better interest rates. And then you don't have some of the other key factors that come with non QM loans. So most non QM loans do have some sort of prepayment penalty because they're selling these to a secondary hedge fund investor that wants a minimum return. So, in most cases, you're going to have a prepayment penalty in a conventional loan. Stay out of point. A QM loan legally cannot have a prepayment penalty. [00:23:14] So there's a big difference there. But as far as qualifying them, it's a really, like I said, an education and a conversation about what their profile looks like. Right? They self employed. Do they own multiple properties? Are they showing losses or profits on those properties? And then, really documenting that, 9 times out of 10, what I'm told on a verbal conversation doesn't match what I get on the documentation that way. [00:23:38] "Oh, my business makes this," but they're talking about gross revenue, not net income. They're talking about gross rent amounts, not the net income they're showing on their tax returns. So it needs to go the next level. But that initial conversation may determine quite quickly that, hey, we need to go non for what reason or, because they want to fund it in an LLC, because the property is really a short term rental, but it doesn't but they don't have any history of short term rental management. [00:24:07] And let's talk just a little bit about, how you look at the short term rental. I know that's what we were talking a little bit about before we talked about your loan, right? So there's 2 ways to look at that short term rental and it's either from well, the rental income short term or long term can either come from an appraiser. [00:24:23] Or from a software program that some lenders are now using. So a lot of lenders will lean on a typical, appraisal to an appraiser to come up with whatever that market rent may be. And like, like, you said, it's difficult to cash flow properties in Austin or in Texas. On long term rents simply because the property taxes have escalated and now with higher interest rates. [00:24:48] So a lot of times, the short term rental is really from a lending perspective an easier way to qualify the property for 1. But we do have the ability to look at it from two different perspectives and this is what we utilized on your loan. So I'll just talk about a little bit. So I have a couple lenders that will look at the short term rental from a software perspective. [00:25:05] Right? So in your case. When we had the discussion, it was really a matter of, yeah, "I really want to put 20 percent down. I don't want to put additional money down. That would be more important to me than a little bit higher interest rate. Right?" And so, when we look at different lenders that may be leaning on an appraisal. [00:25:21] I don't know what that number is for 2 weeks and me personally I feel like appraisers, especially in the short term rental market. Are a little bit lazy and sometimes they just don't have the data. So what happens is I submitted to the lender based on an 80 percent loan to value. And then all of a sudden, my short term rental income comes back low or lower than what we may have expected. [00:25:42] And now that's requiring you to put an additional 5 percent down to meet their guidelines of a debt service coverage ratio less than one or go no ratio, right? We still have an option, but the option is going to require you to put a little bit more money down. And so. Again, we have two ways to look at it either an appraisals given us that number or with some investors. [00:26:00] And this is why I like working with some of those in that case. Like I said, your most important factor is 20 percent down. so I took it to a lender that gave me that short term rental number within 48 hours. They ran it through their system. They gave it to me immediately and said, "this is where we should be." As soon as we submitted the loan to underwriting within 2 days, we had an approval and this was confirmed short term rental amount. We didn't have to wait on the appraiser and it didn't matter what the appraiser's opinion was. They already confirmed what we were going to use, which confirmed that I could get your loan approved with just 20 percent down. So, that's a preferred method in a lot of ways, especially if we're trying to keep that 20 percent down number. [00:26:38] If we have somebody that's putting 25-30 percent down, then it's. A little bit less relevant and we can, decide what option might be best for them at that point. [00:26:46] Jason: Got it. So why should property managers who are constantly wanting to do more deals, help more investors, why should they have somebody like Matt in their back pocket? [00:26:57] Sarah: Oh, that's such a good question. Well, I want to think of it kind of twofold. One, I feel like if you are a property manager, you should also be an investor in real estate. Real estate agents just by having access to the MLS. No, that's not where all deals come from. I know that, but just by having access to the MLS and the connections that you have as a real estate agent and property manager, there's no chance that you don't come across amazing deals all the time. [00:27:23] There's no chance. So capitalize on that. [00:27:26] You should also be an investor yourself. It's great to manage properties and let's do that and build wealth ourselves. Yeah. So that's number one. But number two is if you're like, "well, I like, I don't know, I'm unsure, or maybe I have one property or two properties and I don't know if I'm ready to continue to build a portfolio." [00:27:46] Or you're like, "Hey, I have X many properties and I'm happy right here. I don't want any more." I don't know why, but maybe you are. So if that's the case and you have investor clients that very likely would love to get into more deals themselves. And it would be great for you because now if you have an investor and they manage five doors, but that same investor can now manage 10, 20, 38. [00:28:11] That's fantastic because now your business is growing. So if you have a way that you can help your investor clients get what they want, which is more deals, it's a win because yes, the savvy investors, they're always looking for more deals. Jason's hooked now. He said to me, we closed and he was like, "how do we do another one? like, how do we do another one?" He's like, "how fast can we do another one? Like Sarah, is it possible if we do like one property a year," right? And he did. Yeah, he did. There's a lot of investors like that because once you get it. Once you really get to see all of the benefits and just how freaking beautiful it is to be a real estate investor and make money and get all of the tax benefits that you don't get in almost any other sector. [00:28:54] It's amazing. So why would you not want more of that? So if you're a property manager, it would make so much sense for you to just be able to educate your investor clients. "Hey, have you ever thought of picking up more properties?" The answer probably is going to be "yes," especially if you're doing a great job for them as a property manager. [00:29:14] Because that's a tricky part is, "well, I could buy a bunch of properties, but who's going to manage them?" If you have a great manager, it makes sense to get as many properties as you possibly can, knowing that they are in good hands and they are being taken care of because all you're doing is printing money. [00:29:30] So if you want to grow your portfolio by adding additional deals to the clients that you already have. It's like so simple, right? Why would we not do that? So having options. that not everybody knows about. It's fantastic. [00:29:47] Jason: So in short, this just gives them a lot more options to work with because investors want to invest, and they may think, "Oh, well, I've only got this much down or I can only do a conventional, I can only do it this way. I need to meet certain criteria" or "I've just declared all these losses." [00:30:04] Sarah: "Like I have too much debt." Maybe their like debt to income is a little maxed out because we're, keeping up with the Joneses. This is so normal, right? So that and Matt's laughing. He sees it all the time. [00:30:15] I bet he's like, "Oh, we went a little too high on that one." [00:30:18] there's good debt and bad debt though as well, right? [00:30:21] Correct. However, if you own five properties or six properties or seven properties, every additional property that you have that is leveraged, meaning that you have a mortgage on it, that's counting against you and your debt to income ratio. [00:30:35] Jason: Right. So it gets harder and harder using conventional to get into more property. [00:30:40] Sarah: Unless you're the Fed and you can just print money. [00:30:42] Jason: Well, I don't know if they're buying [00:30:44] Matthew: a lot of money. [00:30:44] But you bring up a good point and just to clarify when we do a debt service coverage ratio program, I'm not looking at any of your debt. [00:30:52] I'm not looking at a debt ratio calculation at all. And if you own multiple properties, I'm not even looking at any of those other properties for any sort of rent, income, verification, mortgage, anything. This one is a business, right? Correct. It's it. Well, it's just debt service coverage on that subject property, right? [00:31:10] Does the rent cover the note? And do we have enough money for down payment and reserves on that property alone? We don't look at reserves for those additional properties like you would a conventional. So you got five properties. I don't care about reserves on those. I'm only looking at the subject property. [00:31:24] So, yes, debt to income is a big factor and I think, if we're talking to property management companies, it's really just an education or a knowledge of what potentially could be out there. Right? Like you said, they have opportunities to buy all the time. I would think that the savvy property manager is going to scoop those up if they can, but are they aware of these programs? [00:31:44] Or do they think that? "Oh, my debt to income is too high or I have losses on my tax returns that I'm going to have trouble qualifying." And then you also have your network of investors that you manage those properties for that potentially are looking for additional doors, but they're not aware of these programs in some cases. [00:32:00] So, yeah, it's just a matter of, I think, education and just getting the information out there. So that some of these people know what options are available. [00:32:09] Jason: Well, it sounds like it shifts the conversation from, "can we?" Yeah. Maybe it's a no, in their thought, in their mind to "how can we?" Like, there's other creative ways that things could be done instead of saying, "Oh, it's gotta be this one way we've always done it. That's the only way." So, what about for long term rentals? Which like some of the investors listening and a lot of our clients listening may not do a short term. [00:32:32] Sarah: You can still do a non QM on a long term, especially in Austin. Now, other markets, you might find a cashflow. Like I have a cashflow property in Pennsylvania. [00:32:40] It's a rare gem guys, but in Austin, it's hard to get something to cashflow, especially right now. [00:32:47] Matthew: Okay, so there's two ways to look at it again. There's, or I guess, multiple ways to look at it. Not just two, but bank statements if I'm looking at it. So, if they're self employed, and they have a business that we can lean on the bank statements, right? [00:32:59] That's my income qualifier and no longer care about that negative potential cash flow on the property in the rent. Right? So that's one way. If I'm doing debt service coverage and I'm looking at long term rental, I have a client that wants to long term rented. They're not going to be comfortable stating short term rental on the application. [00:33:17] They really have no desire to do that. Then I have to look at the short term rent. Now, what that's typically going to end up, at least in Austin, what's typically going to end up happening is that property is going to have a problem cash flowing at 20 percent down or 80 percent equity. Right? So what happens is it now pushes us to. [00:33:34] A bigger down payment, a larger down payment, 25 percent 30%. And then we have the options with those lower loan values to do either no ratio or lower debt coverage ratio loan programs. Right? So. If it falls below 100%, meaning 100 percent rent coverage with PITI coverage which principal interest taxes, insurance and HOA fees all come into that play. But let's just say it's a little bit short. I've got a PITI of 2000 dollars of my rent's 1800. well, the lender is going to do one or two things. Are you going to say, "well, we need more down to get that to 100%." Or "we're going to reclassify it as a higher risk and we'll do, some of them will go down to 75 percent debt coverage, but it's a little bit higher rate." [00:34:18] Or "we have to go to a little bit larger down payment and go no ratio, right?" No ratio means we just eliminate that altogether. And it's typically 30 percent down. So, we have options to look at but it is definitely a little bit harder if we're looking at long term rents simply because it's harder to cash flows at 20%, unless again, unless we have larger down payments or larger equity positions, for refinances to soak. [00:34:42] A lot of these let's talk about that too, you have some of your property management clients that may want to purchase more properties where they could extract equity out of these homes to use to purchase more property. So there's a lot of the refinance going on with those properties to under a non QM basis, because they again, they can't qualify for a full doc for whatever reasons. [00:35:03] Right? But there are options to pull cash out under a non QM basis and utilize those funds to reinvest. [00:35:09] Jason: Got it. So say they've got five, 10 properties, it's getting really difficult for them to qualify for a QM loan. They could maybe pull some equity out of their existing properties, do like a cash out refi, and then use that money to fund a bigger down payment to do a non QM scenario. [00:35:28] Matthew: Absolutely. Absolutely. The challenge right now in the market with refinances in general is a lot of these people have really good rates on those properties. And so they don't necessarily want to refinance and lose that low rate understandably. Right? So. In other states, you have a the ability to do HELOCs or he loans, which are second liens, Texas, it's a little bit limited. [00:35:47] There's not as many products available, especially on the investment side. There are ways to extract some of that equity and reposition it to be reinvested in other investment opportunities. And I will say that we do have the ability to do the same type of loans on small commercial properties. [00:36:04] Like, up to I've got one lender that kind of specializes in that small commercial that goes up to 24 units. So, between 5 and 24 unit apartment buildings, we're also looking at a non QM type debt service coverage loan, which is what commercial loans look at in general anyway. Commercial loans are based on cash flow, right? [00:36:23] It's all debt service coverage based on that. But in that small apartment complex arena, you've got a lot of these kind of more residential lenders that are focusing and specializing in it. Because it's a piece of the market that's left out, right? Your commercial lenders don't want to touch something that's a few 100, 000 dollars. They have minimums of 5Million dollars, 3Million dollars. And so you have these smaller properties that are great investments in some cases that also have challenges getting loans, not because of the property, but because of the size of the loan. [00:36:55] Jason: It's just not big enough for him. [00:36:56] So Matt what areas do you cover personally? And then how do people find somebody like you, how did they find somebody like you? Like, this was a challenge we had to ask around what do people look for to find somebody that can help them with some more creative options? [00:37:11] Matthew: That's a good question. I wish more people would know how to find me. So maybe you can help me with that. But yeah, it's just, it's interesting. There's a lot of loan officers that just don't, I guess maybe they're scared of the non QM space. They don't understand it. They're scared of change, so to speak, and so they just go, "I've never done that. And I don't know anything about it and they don't want to learn about it." it's the fastest growing segment of the market right now. Fannie Mae is pushing a lot of the paper towards non QM from a risk perspective. They want to get away from it. They're making investment rates in terms unattractive, so to speak, so they're offloading it that way. But, I think it's really through the real estate agents is probably the best way to get in touch with somebody like me, if they're familiar with it. But what's interesting is even your agent from McLean that I work a lot with Brett. [00:38:00] He wasn't 100 percent versed in these products either. So. Fortunately, he got me, right? [00:38:05] Sarah: Yeah. Thank you, Brett. [00:38:07] Matthew: But, yeah, as far as if you have somebody that's questions, I'm always available to potentially educate people in regards to these programs. As far as where I do business, I'm legally licensed in Texas and Arizona, meaning national mortgage licensing, which is the, the CFPB license. [00:38:22] Now, with non QM loans about 35 states don't require you to have a license within that state. So I can do non QM debt service coverage all these type of loans that we talked about in about 34 different states. Just with my national license and because they consider a business purpose use, it's classified as a commercial loan in those states, and they don't have these overbearing laws like California does or Nevada. So there are some states that it's difficult unless you want to jump through a bunch of hoops to do it. And unless there's enough volume, there hasn't made sense for me to do it. [00:38:55] I just focus on the ones that I can, which is a big piece of the country and we can help folks in those 30 some states, 34 states, whatever it is. [00:39:03] Jason: So there's maybe 15, 16 states that you can't cover. [00:39:06] Matthew: It's the New York the Pacific Northwest and California, most of the middle of the country around Texas we can do. [00:39:14] I know you, you referred me to somebody in Utah the other day, they happen to be a state that requires licensing, but their licensing is pretty reasonable. So, if there was an opportunity or a reason, for some volume to come out of there, I could get licensed fairly quickly. [00:39:28] And some of these states, because I already hold a national license within them. I passed the test for that, which means you just have to take the state piece of that exam to then get licensed. Be able to do loans there, which is fairly simple. And as long as you're not in New York or California or somebody that has these crazy laws, [00:39:44] Sarah: What's to invest there anyway, come on, like squatters and all this, like? [00:39:48] Matthew: I know, right? [00:39:49] I don't know how everybody does loans in New York. I hear it takes 90 days to close a loan. [00:39:54] Jason: There's plenty of investors in those markets. I'm sure people listening. All right. Cool. Well, Matt, it's been great having you here on the DoorGrow show. Appreciate you being our guest. How can people find you or get in touch with you? [00:40:06] If they're wanting to reach out and find out if they're one of those 34 states. [00:40:10] Matthew: Well, my number if you want my phone number is 512 415 6142. You can Google Nexa my name. I think if you Google my name and Nexa mortgage that come up quite a bit on the Google nexahomelending.Com is my personal website. [00:40:27] That's probably the two best ways to reach out to me just text or email and I'm more than happy to help you in any way that I can. [00:40:34] Jason: Perfect. Well, it sounds like this is at least a key or just a tool or an idea that every property manager listening should probably have in their back pocket. [00:40:44] You should have some sort of connection to a more creative lender than you may have currently. And so, connect with Matt or maybe, I don't know, start Googling non QM lenders in your market. I don't know, but find somebody or ask around to some real estate agents, but see if you can get somebody that can help with getting some of these deals because investors, they have money, they have equity and, but they're not doing deals and they want to probably do more deals and they just need somebody creative enough to help them find some solutions or interesting ways to make it happen. [00:41:13] So, all right. Well, again, Matt, thanks for being on the show. Appreciate you. [00:41:17] Matthew: My pleasure. Thank you very much for having me. [00:41:19] Jason: All right. Well, everybody, if you are interested in growing your business, your property management business, reach out to us, you can check us out at doorgrow.Com. And until next time, everybody to our mutual growth. Bye everyone. [00:41:30] Matthew: Great. Thank you. Talk to you guys soon. Bye. [00:41:32] Jason: you just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay-per-lead content, social direct mail, and they still struggle to grow! [00:41:59] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today's episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow Hacking your business and your life.
The Practice of the Practice Podcast | Innovative Ideas to Start, Grow, and Scale a Private Practice
What is the exact roadmap that you should follow to switch from 1099 to W2? How should you structure your handbook for a potential new employee? What are the things that you need to have sorted out before thinking about hiring? In this podcast episode, Joe Sanok speaks about the exact steps to go from […] The post Exact steps to go from 1099s to W2s in your group practice with Andrew Burdette | POP 1002 appeared first on How to Start, Grow, and Scale a Private Practice | Practice of the Practice.
BETTERHELP | Go to https://betterhelp.com/fellas for 10% off your first month #ad We go deep into a waffle hole this week… Is Bohemian Grove complete cap? Are Temu going to use your face in a corn tape? And finally, exposing the beef between Jynxi & W2S. Join Fellas Loaded: https://fellasloaded.com/explore/ If you'd like to work with us, email the studio on workwithfellas@fellasstudios.com Watch The Clips: https://www.youtube.com/@thefellaspodclips Listen on Spotify: https://shorturl.at/xBCPU Listen on Apple Podcasts: https://shorturl.at/opIU0 Join the Subreddit: https://www.reddit.com/r/FellasPodcast Follow us on Instagram - http://www.instagram.com/thefellasinsta Follow us on TikTok - https://www.tiktok.com/@thefellaspod?lang=en Cal: https://twitter.com/Calfreezy https://www.instagram.com/calfreezy/ Chip: https://twitter.com/yungchip https://www.instagram.com/theburntchip
Small business owners who don't have the support of a daddy or mommy who can show them the ropes sometimes don't realize all the possible issues that can come up when employing people as a means to scale. Aside from dealing with the day-to-day drama that ensues when humans work together, many HR issues arise because we don't know all of the established regulations to properly run a business under the law – and keeping track of when they change the rules, too! Chris Majocha and Samí Haiman-Marrero welcome Mandi Waters, a dedicated Account Manager at Merritt Business Solutions to this episode of I HAVE SOMETHING TO SAY to share some of the most common HR-related considerations to keep in mind when navigating the layered world of human resources. While she clarifies that she's by no means an HR expert, her role as a concierge service or broker for all HR outsourcing needs makes her an invaluable asset to small businesses. As Mandi shares her passion for assisting businesses with everything from employee administration to 401K management, she emphasizes the critical importance of compliance in the realm of HR. Despite the broad scope of human resources, Mandi's focus on ensuring compliance resonates deeply with business owners who understand the stakes involved. She basically helps small businesses protect themselves. What makes Mandi's perspective unique is her unconventional journey to HR. With a background as a Production Electrician in the Entertainment Industry spanning 18 years, Mandi made the courageous leap into entrepreneurship 12 years ago. However, a painful lesson learned from a stop order issued by the Department of Labor due to a compliance oversight shook her business to its core. It cost her $35K. Mandi's firsthand experience fuels her determination to empower business owners with the knowledge they need to avoid similar pitfalls. Throughout the episode, we explore key topics with Mandi such as the complexities of the new white-collar gig economy, managing 1099s, when to transition to W2s, handling interviews and expectations of the new generation, and building HR foundational assets that safeguard businesses against unforeseen challenges. Join us for an enlightening discussion with Mandi Waters as she shares her wealth of knowledge and practical insights aimed at helping businesses thrive in an ever-evolving landscape. As Mandi aptly puts it, "You're fine until you're not!" #Urbander #UdoU #IHAVESOMETHINGTOSAY #podcast #mindset
HELLO FRESH | Get 60% + 20% off the next 2 months + free dessert for life at http://www.hellofresh.co.uk/THEFELLAS with the code ‘THEFELLAS' JME finally makes his first appearance on The Fellas. He has been awarded a prestigious and coveted award… The 1st Vegan on The Fellas! Jamie talks all about his new music and why he REFUSES to release it, why he chose to swerve a performance with Kanye West and reveals his new W2S lyric he may or may not drop… JOIN FELLAS LOADED: https://fellasloaded.com Fellas Loaded: https://www.tiktok.com/@fellasloaded https://www.instagram.com/fellasloaded If you'd like to work with us, email the studio on workwithfellas@fellasstudios.com Watch The Clips: https://www.youtube.com/@thefellaspodclips Listen on Spotify: https://shorturl.at/xBCPU Listen on Apple Podcasts: https://shorturl.at/opIU0 Join the Subreddit: https://www.reddit.com/r/FellasPodcast Follow us on Instagram - http://www.instagram.com/thefellasinsta Follow us on TikTok - https://www.tiktok.com/@thefellaspod?lang=en Cal: https://twitter.com/Calfreezy https://www.instagram.com/calfreezy/ Chip: https://twitter.com/yungchip https://www.instagram.com/theburntchip
EMMA SLEEP | Get 40% off the Emma Sleep website and an additional 5% off all Emma Sleep products with the code 'THEFELLAS' here https://shorturl.at/dlwI0. Code valid for the UK, IE and the US! JOIN FELLAS LOADED: https://fellasloaded.com ChrisMD joins us for the first episode since Fellas Loaded release! Chris discusses how he's built his YouTube empire, how he hired a 'head of memes' & why W2S ruined his latest video... Fellas Loaded: https://www.tiktok.com/@fellasloaded https://www.instagram.com/fellasloaded If you'd like to work with us, email the studio on workwithfellas@fellasstudios.com Watch The Clips: https://www.youtube.com/@thefellaspodclips Listen on Spotify: https://shorturl.at/xBCPU Listen on Apple Podcasts: https://shorturl.at/opIU0 Join the Subreddit: https://www.reddit.com/r/FellasPodcast Follow us on Instagram - http://www.instagram.com/thefellasinsta Follow us on TikTok - https://www.tiktok.com/@thefellaspod?lang=en Cal: https://twitter.com/Calfreezy https://www.instagram.com/calfreezy/ Chip: https://twitter.com/yungchip https://www.instagram.com/theburntchip
Hold onto your W2s and 1040s, folks! Downhill Fast is back with another episode that'll have you laughing harder than trying to understand the Federal Tax Codes. In this week's episode of chaos, Tamara spills the beans on her potential new flame – will sparks fly or will she just be swiping left? Rheannon, our trusty wing woman, reveals her unique method of suitor evaluation: flyfishing skills! Because who needs a personality when you can catch a fish, right?Hold onto your kettle balls as the hosts update us on their workout challenge woes. Spoiler alert: keeping each other on their toes is proving to be difficult. Tamara also shares the spine-chilling tale of strange noises in her apartment – luckily, it wasn't the sound of her impending doom. Phew!But wait, there's more! Ski weekend stories take an unexpected turn when the hosts realize the snow is MIA. Is it still considered skiing if there's no snow? Tamara updates us with tales of her epic family trip and a visit to the last Blockbusters store – yes, they still exist!Tune in for a laughter-filled episode of Downhill Fast, where dating dilemmas, workout woes, and mysterious apartment sounds collide in a downhill spiral of hilarity!
A Debt Service Coverage Ratio (DSCR) loan is a type of Non-Qualified Mortgage (Non-QM) designed for real estate investors. It focuses on the property's cash flow rather than the borrower's personal income to qualify for the loan. The DSCR is a ratio that compares the property's annual gross rental income to its annual mortgage debt, providing a measure of the property's ability to cover its debt obligations. If you want to build your Real Estate Investment Portfolio without dealing with the headaches of a lender evaluating your Personal/Business taxes, P&Ls, W2s and paystubs. The DSCR might be the answer, lets break this loan down.7 Highlights of the Debt Service Coverage Ratio Loan/Cash Flowing Property1. Can be used to Purchase and Refinance2. No Income and No Ratios3. Can be used for 1-4 units and 5-8 Units **** Possibly up to 12 units4. Investment Properties ONLY5. 20-25% Down Payment6. What LLC Documents will be required7. Use the BRRRR Method, great for your exit strategy (Refi out of your Hard Money Loan)Subscribe to my new Youtube channel, "The Mortgage Motivation Podcast"https://www.youtube.com/@TheMortgageMotivationPodcastClick the link below to getGary's Digital Business CardGary Taylor | Co-Founder | Mortgage BrokerAffluent Mortgage LLCD:302-469-0709gary@affluentmtg.comwww.affluentmtg.com
Happy January 31st to those who celebrate! I am not an accountant, I am not a lawyer, I am not an IRS agent, merely an EA in a small company who is responsible for tax form distribution. Should this task fall to you, make it a priority to print and postmark W2s and 1099s before EOB on Wednesday, January 31st. I promise I'll post next year's episode a bit earlier than the actual deadline. ;)
If you've ever felt overwhelmed by the human side of your business, today's episode is a must-listen.Meet our HR guru, Kira La Forgia! With a decade of experience in People Operations within the corporate world and the founder of Paradigm Consulting, Kira is the go-to expert for bridging the gap between traditional HR policies and the modern entrepreneur's needs. She's navigated the complexities of hiring, training, and managing over 500 employees in a multimillion-dollar business. Now, she's here to share her wealth of knowledge with you.Today we are going to discuss and learn:- How to find the right people to work with you in your business, and the crucial differences between subcontractors and employees.- Kira dives into the nuances of 1099s, W2s, FMLA, and FLSA, making them interesting and understandable.- The number one question you should be asking when hiring for your business.- Kira discusses how to prepare and structure your business as you bring in new team members to support your vision.- Implementing systems and structures for smooth onboarding, training, and performance management.Listen In and Systemize Your Human Resources! Whether you're hiring your first employee or managing a growing team, Kira's insights will help you build a solid foundation for your people operations. Join us in this enlightening conversation and take the first step towards systemizing the human aspect of your business.GUEST LINKSIGhttps://www.instagram.com/theparadigmm/https://the-paradigm.com/Ep about Employees/Contractors: https://podcasts.apple.com/us/podcast/on-the-up-and-up/id1661939979?i=1000593740950 Ep about the archetypes: https://podcasts.apple.com/us/podcast/on-the-up-and-up/id1661939979?i=1000614144715 Archetype quiz: https://www.the-paradigm.com/quizHELPFUL LINKS FROM THE SOCIAL LIFESTYLE CO:✌︎ Inquire to have me speak to your community ✌︎ Inquire to have Dubsado sponsor or be at your event/conference ✌︎ Follow us on Instagram: https://www.instagram.com/thesociallifestyleco/✌︎ Submit a content idea for the podcast or other socials: https://www.thesociallifestyleco.com/asktaryn✌︎ Save 30% on your first year or month of Dubsado. Use code thesociallifestylecodubsado.com/?c=thesociallifestyleco✌︎ Find a Dubsado Certified Specialist to help you with your Dubsado systems
On this week's episode get ready for a tax season transformation. Join Eileen as she turns the yearly tax chaos into a fiesta of financial fun. From the January high of new beginnings to the reality check of credit card bills and W2s, she's got your back, super mom! Join Eileen as she spills the secret to staying sane during tax time. Learn the art of organization and explore the world of tax credits, deductions, and exemptions, breaking it down into mom-friendly terms that are as easy to understand as emojis. Discover how to get the whole family involved, show them the ropes, and turn the annual financial task into a bonding experience. If you enjoy this episode, please share it with someone you care about who needs to hear it. You simply sharing this episode could change someone's life forever. Together we can help change women's lives! Schedule a 1:1 Consultation: https://momswhomoney.com/1-1-consulting Get to know Eileen: https://www.momswhomoney.com https://www.instagram.com/eileenjoymoneycoach/ https://www.facebook.com/EileenJoyMoneyCoach/ https://www.linkedin.com/in/momswhomoney/
Workplace Movie Hall of Fame: Barbie Hosts: Steve Boese, Trish Steed This episode of At Work in America is sponsored by Paychex, one of the leading providers of HR, payroll, retirement, and insurance solutions for businesses of all sizes.Think stress-free payroll isn't possible? Think again. Whether you need to simplify your tax filing or streamline your day-to-day pay system, Paychex makes managing your payroll easier and more profitable. That's why we're here with open arms and a special offer for new clients — for a limited time, get one year of complimentary digital W2s so you can focus on growing your business instead of time-consuming payroll tasks. Learn more at paychex.com/awia. Terms and conditions apply. This week, Trish and Steve dive into the 2023 blockbuster movie, Barbie, and the workplace trends within it. - Gender roles and expectations in the 1970s and 2020s - Gender pay equity and empathy in the workplace - Gender bias in leadership and the importance of individuality - "Barbie" movie themes and impact Thank you, for joining the show today! Remember to subscribe to At Work in America wherever you get your podcasts.
Leadership Lessons in Embracing Pets at Work Hosts: Steve Boese, Trish Steed Guest: Lori Bradley, VP of Talent and Inclusion, Chewy This episode of At Work in America is sponsored by Paychex, one of the leading providers of HR, payroll, retirement, and insurance solutions for businesses of all sizes.Think stress-free payroll isn't possible? Think again. Whether you need to simplify your tax filing or streamline your day-to-day pay system, Paychex makes managing your payroll easier and more profitable. That's why we're here with open arms and a special offer for new clients — for a limited time, get one year of complimentary digital W2s so you can focus on growing your business instead of time-consuming payroll tasks. Learn more at paychex.com/awia. Terms and conditions apply. Today, we had the pleasure of sitting down with Lori Bradley from Chewy to talk about how Chewy embraced pets at work and the learnings that followed. - Pet-friendly workplaces and their benefits - How does customer experience relate to employee experience? - Pet-friendly workplace policies - Workplace pets and how they affect company culture Thank you for joining the show today! Remember to subscribe wherever you get your podcasts!
How Gen Z Thinks about Work, Business, and More: A Year of The Play by Play Hosts: Steve Boese, Trish Steed Guests: Jack McFarlane & Nick Schlemmer, Hosts of The Play by Play podcast This episode of At Work in America is sponsored by Paychex, one of the leading providers of HR, payroll, retirement, and insurance solutions for businesses of all sizes.Think stress-free payroll isn't possible? Think again. Whether you need to simplify your tax filing or streamline your day-to-day pay system, Paychex makes managing your payroll easier and more profitable. That's why we're here with open arms and a special offer for new clients — for a limited time, get one year of complimentary digital W2s so you can focus on growing your business instead of time-consuming payroll tasks. Learn more at paychex.com/awia. Terms and conditions apply. Today, we sat down with Jack McFarlane and Nick Schlemmer to celebrate their one year podcast anniversary and chat about what they've learned along the way and what the future holds. - Gen Z on podcasting, business, and education - Workplace culture and marketing to Gen Z - Let's talk "Game Time" - Future plans, guest episodes, & dream interviews Thank you for joining the show today! Remember to subscribe wherever you get your podcasts!
Modernizing HR with a leading CHRO Hosts: Steve Boese, Trish Steed Guest: Don Robertson, CHRO, Northwestern Mutual This episode of At Work in America is sponsored by Paychex, one of the leading providers of HR, payroll, retirement, and insurance solutions for businesses of all sizes.Think stress-free payroll isn't possible? Think again. Whether you need to simplify your tax filing or streamline your day-to-day pay system, Paychex makes managing your payroll easier and more profitable. That's why we're here with open arms and a special offer for new clients — for a limited time, get one year of complimentary digital W2s so you can focus on growing your business instead of time-consuming payroll tasks. Learn more at paychex.com/awia. Terms and conditions apply. Today, we spoke with Don Robertson of Northwestern Mutual about how to bring your organization into the modern era of work. - Employee value proposition and retention strategies that foster a long-term, career-building environment - Implementing diversity and inclusion strategies - Leadership, empathy, and connection in the workplace - Connecting with remote employees and Gen Z workers Thank you for joining the show today! Remember to subscribe wherever you get your podcasts!
Why is it important to understand your “Why” when making life decisions? In this episode of Weiss Advice, we welcome Dr. Jason Balara. Dr. Jason is the CEO and Co-founder of Lark Capital and host of the Know Your Why Podcast. He is a veterinarian and real estate syndication investor. Dr. Jason talks about the power of mentorship, DIY versus outsourcing tasks, and how to design your own life while still having an impact through investments. Tune in to this episode as Jason shares his tips on making wise investments and designing a life that works for you![00:00 - 00:57] Opening SegmentWe welcome, Dr. Jason Balara!Dr. Jason is the Founder of Lark Capital Group[00:58 - 28:49] Evolving Your “Why” In Real Estate Investing Real estate is a long-term gameDiscovering new possibilities through real estate investingFinding mentors and connecting with people in the industryMerging two worlds of W2s and real estate investingHiring assistants and VAs to help with content production and marketing[28:50 - 34:33] THE FINAL FOURWhat's the worst job that you ever had?Worked at the post office on ChristmasWhat's a book you've read that has given you a paradigm shift?“Long-Distance Real Estate Investing” by David GreeneWhat is a skill or talent that you would like to learn?Learn how to play the pianoWhat does success mean to you?Dr. Jason says, “To be able to be there for my family. And let them lead by example and let them continue on the work as being impactful. “Connect with Dr. Jason Balara: LinkedIn: Jason BalaraYouTube: Jason BalaraInstagram: @larkcapitalPodcast: Know Your Why PodcastLEAVE 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:“That's ultimately the goal if you're going to have a large scale, real estate business is to bring on team members that take some of that off your plate.” – Dr. Jason Balara“Anybody probably can learn the nuts and bolts like the techniques behind it, but in order to survive these hard times, that's what really got me.” – Dr. Jason BalaraSupport the show
In this episode Kinsey and Lindsay are providing listeners with insight on the pros and cons of having in-house coordinators at your venue as well as digging into the details of having these employees. Lindsay also shares her experience as an in-house coordinator. Training in house employees, taxes, W2s, etc. - If you're interested in a training program for in-house wedding planners Kinsey highly recommends The Planner's Vault. You can find information about that program here: https://shecreatesbiz.krtra.com/t/uVgzmZx5AkZa (aff link) Training documents we recommend having your employees sign The importance of an NDA What is a Hold Harmless document and why is it important Employee Training Overview: Company culture Upholding policies and procedures Huge commitment to implement training Trainings are a living document, constantly updating, adjustments and pivots Employees should never be surprised if they're not doing well Employees need to know and feel confident that you have their back Qualities to hire for Pivot quickly and gracefully Service industry experience - waitress etc Self-led/self starter Planners vault link Linds experience of being an in-house coordinator GET IN TOUCH WITH THE VENUE PODCAST: Email Lindsay: hello@thelindsaylucas.com Email Kinsey: kinsey@shecreatesbusinesspodcast.com DM us on Instagram: https://www.instagram.com/thevenuepodcast/
Do you want to know how you can save money on taxes through smart strategies and proper filing? In this episode of the Small Business Tax Savings Podcast, Mike answers listener questions every other month in a Q&A session. He tackles some of the most common questions from small business owners.Mike covers topics such as the Augusta Rule, “Why banks penalize small business owners?”, whether one should receive W2s when they are employed in the family business, and the best way to receive payments for his business.Tune in now as Mike explains how you can save money on taxes through smart strategies and proper filing![00:25] Listener Q&AsToday's episode is, “Listener Q&A”Mike invites listeners to submit their questions for the next Q&A[01:10] Maximizing Tax Deductions For Small Business OwnersWhat is the “Augusta Rule”?Banks penalize small business owners who strategize well and take advantage of tax deductions/creditsThe government does not offer incentives to banks or loan providers to work with these scenariosTry to find a bank that is business-friendly and understands what you're doing[09:25] Understanding The Tax Implications Of Multiple Business In One LLCWhen filing a personal return and paying taxes, use an owner's draw in QuickBooksFor paying kids for work done in the business, issue them W2s for 2022 and 2023To protect LLC status, payments should go through the business bank accountWhen paying estimated taxes for a single-member LLC or S Corp, use a personal social security number[20:53] Closing SegmentMike explains how you can save money on taxes through smart strategies and proper filing!Final WordsKey Quotes“Remember, with any business deduction we take, the deduction has to be ordinary and necessary... So just make sure you have the documentation to support it and that everything makes sense. Remember, we need agreements in place, rental agreements, we need a fair rental value.” – Mike Jesowshek, CPA--------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight 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/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com
Freddie and Lloyd talk about how serious filing taxes are every single year. Finding the right tax man/woman to get the most out of your W2s and how fast people expect them to come whether it be direct deposit or check. How popular Turbo Tax is and why they are the first company to pop up when you looking for assistance. All the things you can write off and all the things these taxes account for or pay for. When you get the tax money all the things that people get ready to do with it and the plans stacked up from there on. During tax season why scammers start plotting and reaching out to people in hopes of finessing them out of their funds. How even certain companies are not as real as they seem and they real people in with all the perks. When you get a fat check how taxes in waiting on the other side for their cut and not getting carried away as soon as the wire hit. Subscribe to my youtube channel for the interviews and also check out some merch link in bio. Thanks for all the support. www.youtube.com/freddieamadi Instagram: @freddieamadi Instagram: @itsrealserious Twitter: @freddieamadi Instagram: @yaboylloyd
The Practice of the Practice Podcast | Innovative Ideas to Start, Grow, and Scale a Private Practice
Is it possible to hire part-time W2 employees? Can you have assistants in other states? When's the right time to launch a group practice?... The post Launch a group private practice month: How to hire virtual part-time W2s with Dr. Wendy Marsh | POP 853 appeared first on How to Start, Grow, and Scale a Private Practice| Practice of the Practice.
This episode of The Jason Cavness Experience is a replay of my talk with Renee Radcliff Sinclair - President/CEO of TVW, Washington's national award-winning public affairs media network Go www.thejasoncavnessexperience.com for the full episode and other episodes of The Jason Cavness Experience on your favorite platforms. Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Renee's Bio Renee Radcliff Sinclair is president and CEO of TVW, Washington's national award-winning public affairs media network. TVW provides unfiltered, unedited gavel-to-gavel cable television and web-streaming coverage of the Washington State Legislature, Supreme Court, executive branch, state boards and commissions, elections, and public policy events of statewide significance as well as a variety of award-winning produced programs and documentaries. Prior to joining TVW, Renee spent 14 years as a journalist, followed by four successful elections to the Washington State House of Representatives. While serving in the Legislature she garnered a number of prestigious awards and honors, including being named to the American Council of Young Political Leaders and as a fellow to the George Washington University Elliott School of International Affairs. Since retiring from public office, Renee has served in policy leadership roles with the American Electronics Association, the US Chamber of Commerce, and Apple. She is a regularly featured speaker at national and international events and has published numerous policy opinions in local, regional and national publications. Renee has served as a volunteer with a number of local government, humanitarian and workforce efforts over the years and continues to serve her community through a variety of policy-related, community-based activities. We talk about the following among a few other subjects TVW Her time in the Washington State of Representatives How to become a journalist Career politicians Sunshine week Renee's Social Media Renee's LinkedIn: https://www.linkedin.com/in/reneer2/ Renee's Email: renee@tvw.org Renee's Twitter: https://twitter.com/Sinclair_R TVW Website: https://tvw.org/ TVW YouTube: https://www.youtube.com/channel/UCJfdBErVr7q8xoeYanwdniA TVW Instagram: https://www.instagram.com/tvwnews/ Renee's Advice It's hard to run for public office. But I encourage people if you really have an interest in policy and moving your communities forward and positive ways to look at it. I'm always happy to talk with anybody about what it takes to run. I've given you all my social media connections, feel free to reach out. I'm happy to talk about that. If you really want to make a difference in your community. Step up and do it.
This episode of The Jason Cavness Experience is a replay of my talk with Levi Reed - Site Director, CDL-Seattle | ex-Amazon product marketing Go www.thejasoncavnessexperience.com for the full episode and other episodes of The Jason Cavness Experience on your favorite platforms Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Levi's Bio I graduated from Wells College in upstate NY, near the dairy farm where I grew up. Both of my parents were small business owners and I had a strong interest in the vein. After working in the wine industry in NY for a couple years and then in government, I studied for my MS in Communications at Ithaca College and started a marketing practice. That got me interested in startups and tech, and ultimately I decided to do an MBA at ESADE in Barcelona. I was fortunate enough to land an internship with Amazon in Luxembourg and then a full time offer after graduation, and in 2016 I moved to Seattle to start at Amazon. I was there for another 4.5 years, mostly leading product marketing teams across several businesses including Amazon Lending, Amazon Advertising, and Devices (Echo). I also held roles with the Retail business and Amazon Launchpad. I left to join one of the largest hearing care companies globally, to build and launch a customer-facing brand. Unfortunately that didn't work out (happy to go into why, it's not sensitive) and I left to join Eunimart as a late cofounder leading marketing, sales, and GTM in the US. Levi's Social Media Levi's LinkedIn: https://www.linkedin.com/in/levireed/ Levi's Email: levi.reed@eunimart.com We talk about the following How he became interested in tech and startups Founder Institute Startup investing Growing up on a Dairy Farm Working in Barcelona Levi's Advice I want to reiterate what I said before. I think it's really important to recognize your priorities and recognize your limits. I think it's important to think about limits. Limits are real, and they exist. But they're also typically malleable. As you're growing as a professional, if you're thinking about going into startups. I think it's always an exciting experience to find your limits and test them and then figure out a plan to expand your capacity in certain areas if you want to. I think it's a question of balancing reality with pragmatism with optimism. I'd say that's something that's pretty top of mind for me lately. As I'm finding, I'm testing my own limits and capacities in this new experience.
This episode of The Jason Cavness Experience is a replay of my talk with Charles Hamm - Author of “Ponder on It, Pilgrims: The Bucolic Mark Twain on Critter Councils, Cookie Bandits, and Texas Grit” This episode can be found at the following places Go www.thejasoncavnessexperience.com for the full episode and other episodes of The Jason Cavness Experience on your favorite platforms. Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Charles' Bio “Texan to the bone” Charles Hamm is a veteran Marine sergeant and retired successful businessman and entrepreneur. He holds a BA degree from David Lipscomb University in Classical Greek and Hebrew and is a passionate student of ancient history. Charles is well-known on LinkedIn for sharing his thoughts about life and lessons learned from seventy-five years of navigating the twists, turns, and ups and downs of life's often perilous roads we all travel. He and his wife Kathy married 54 years, have three children and seven grandchildren. They reside in Magnolia, Texas, where they are enjoying their golden years. Charles' Social Media Charles' LinkedIn: https://www.linkedin.com/in/charles-hamm-b0861434/ Charles' Website: http://charleshamm.com/ Charles' FB: https://www.facebook.com/charles.hamm.9469 We talk about the following Ancient History Having Grandkids The Great State of Texas Being a lifelong entrepreneur LinkedIn His book Charles' Book Charles invites you to buy his first book - “Ponder on It, Pilgrims: The Bucolic Mark Twain on Critter Councils, Cookie Bandits, and Texas Grit” at the link below. https://www.amazon.com/Ponder-Pilgrims-Bucolic-Critter-Councils-ebook/dp/B09R66159T/ref=sr_1_1?crid=3TK2QLHPVSA1S&keywords=ponder+on+it+pilgrims+book&qid=1647205278&sprefix=PONDER+%2Caps%2C132&sr=8-1 Charles' Advice Well, everybody, just calm down. Quit worrying about things that you can't do anything about and just focus on being a good person. That really is my message to seek to be wise, seek to make good decisions, Be able to give people good advice and improve yourself and stop worrying about everything else. That's the best advice I can give people I think, in a nutshell.
This episode of The Jason Cavness Experience is a replay of my talk with Michelle Tsau - Founder of Avant Gardist Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com We talk about the following Avant Gardist How she became involved in fashion How did COVID change the fashion industry Discovery fashion from around the world Michell's Bio Michelle Tsau (pronounce "Chow") is the Founder of Avant Gardist, an e-commerce platform on a mission to democratize access to high end unconventional and underrepresented designers from different parts of the world, promoting the importance of inclusivity, individuality, and social responsibilities. Throughout her career in the past 22+ years, Michelle worked in startup and corporate companies, in leadership and senior-level positions. Her expertise spans in supply chain, supplier operations management, program management, commodity strategies, and contracts. Michelle also serves on the board for non-profit organization, Fashion Group International (FGI), she is passionate in fashion and a big supporter of underrepresented designers to get on the global stage cost effectively. Michelle's Social Media Michelle's LinkedIn: https://www.linkedin.com/in/michelletsau Michelle's FB: https://www.facebook.com/avantgardistinc Michelle's Instagram: https://www.instagram.com/avantgardistinc/ Michelle's Twitter: https://twitter.com/avantgardistinc Michelle's TikTok: https://www.tiktok.com/@avantgardistinc?lang=en Michelle's Tumblr: https://www.tumblr.com/blog/avantgardistinc Michelle's YouTube: https://www.youtube.com/channel/UCIzZloU2ycBd9QRaVLhL6yQ Avant Gardist Website: https://avantgardist.com Avant Gardist Website: https://shop.avantgardist.com Michelle's Advice I just think that for people who don't don't know who I am, please check out shop@shop.avantgarde.com I'm also launching my website it's just in the final stage of getting that finalized. You'll see some of the creativity that designers have created and who we are, our stories and whatnot. You can connect with us at info@avantgarde.com Go www.thejasoncavnessexperience.com for the full episode and other episodes of The Jason Cavness Experience on your favorite platforms.
This week's podcast features Shellie Giddings. I first met Shellie over 25 years ago at an NII Regional training event somewhere in Idaho or Iowa, I don't remember at the moment. NII was her first network marketing experience. When I first met her I would describe her as a straight shooter with big goals and dreams & she has the exact same mindset today. Over the years she has been involved in 5 network marketing companies off and on. She is the mother of six children and 13 grandchildren. She has always been a straight shooter and team player. She did a phenomenal job heading up our CMGBookClub.com and she is the chairperson of the republican party in her town. I can't express how it makes me feel to have watched here BREAK OUT with the Ihub Global ERC opportunity. I know many of you that have been privileged to work with her over the last few years feel the same way. She is just a no BS, no Drama, team player that understands ……… T ogether E veryone A chieves M ore During the 2 ½ months since Ihub released the ERC program she has scheduled 29 calls with organizations totaling 1,375 W2s which based upon company averages equates to 13, 750,000 in funds for organizations & $467,500 in commissions. She stated publicly when she was a special guest on Ihub Global's corporate ERC call that her goal was to make 1 million dollars in 2023. I believe she will reach her goal, and I think after you hear this podcast session. I am anxious to speak with her about why she feels after 25+ years around this industry she has BROKEN OUT with the Ihub Global ERC program. As always your feedback and comments are appreciated.
This episode of The Jason Cavness Experience is a replay of my talk with Kerry Steuart - Entrepreneur/Philosopher/Gulf War Veteran/Yoga Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Kerry's Bio Kerry is a Gulf War Veteran who spent eight years in the Air Force. He has a BS in Business Management, is a 500hr Registered Yoga Teacher (RYT) with Yoga Alliance and has been retired since 2014. Suffering from chronic pain and PTSD since his military days, Kerry understands first hand the numerous benefits of yoga and meditation for pain reduction and mental clarity. He is a yoga instructor that recognizes and believes that yoga can cause both physical and mental transformations that result in less pain, reduced PTSD symptoms and a reduction in stress. He provides a variety of classes that serve those looking for a physical challenge as well as a complete mindfulness/meditation practice. He realizes that people come to the mat at all different levels with different intentions and he welcomes everyone to come and make the class their unique yoga experience. His personal objective is to make yoga available and affordable to everyone in the Community by providing a variety of yoga classes, workshops and teacher training in a space that is comprised of unconditional love and acceptance. He is available for private or corporate yoga, mindfulness, meditation and speaking engagements including, exercise, sleep, yoga, self care, Ayurveda, healthy boundaries, and turning conflict into intimacy. We talk about the following Warriors Ascent and MYKC Yoga Entrepreneurship Being Authentic and Building Community Mental Health Kerry's Social Media Warriors Ascent: https://www.warriorsascent.org/ MYKC: https://www.midtownyogakc.org/ Kerry's LinkedIn: https://www.linkedin.com/in/kdsteuart/ Kerry's Email: steuart@me.com Kerry's Twitter: https://twitter.com/kdsteuart Kerry's YouTube: https://www.youtube.com/kerrysteuart Kerry's Instagram: https://www.instagram.com/kdsteuart/ Kerry's TikTok: https://www.tiktok.com/@kdsteuart Kerry's Cell: 816-313-2013 Kerry's Gift To receive a daily motivational text from Kerry text 918-262-5195 or his cell above Kerry's Advice Once again I love you guys. I love and accept you guys for who you are today. I want you to be able to feel that. I want you to begin to feel excited about transforming from the role of a victim, but into that warrior. You're forging your own path, you're choosing your own destiny. You're finding that community and the society that you really appreciate, respects and loves you. We only have one life to live and this year, I really want you to find joy, peace, acceptance, unconditional love, and Hope for All Mankind.
Tired of feeling overburdened at your 9-to-5 job? Andy Webb shares his final vestige from Corporate America! He discusses taxes, tax burdens and tax benefits that come with real estate investing plus ways to access the money needed to get started and start trading in those W2s for real security and success. Click to Listen Now
This episode of The Jason Cavness Experience is a replay of my talk with James Marszalek - Founder of Operation Red Dot Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com We talk about the following Why and how he is raising $100M Why do some people have drive and others don't Challenges of military housing Poker, pool, travel and philosophy Seeing life through the lens of other people Operation Red Dot James' Bio James is an Army combat veteran who spent 7 years in the Army with 5-1 Cav out of Fort Wainwright, AK as a Scout. He deployed to Iraq in support of Operation Iraqi Freedom, supporting 5th group SF in the fight against terrorism. His entrepreneurial spirit was formed at 15 years old with the book "The Millionaire Next Door", and spurred several unofficial entrepreneurial "projects" starting, ironically, in basic training for the Army. After leaving the Army in 2012 James became a full time Entrepreneur, and has started 4 companies from the ground up since. Currently operating a real estate company and a hedge fund with the mission to end the military housing crisis, and help service members get housing ahead of their relocation to avoid long hotel stays and other stresses; and is also designed to set military families up to leave their service with a 6 figure nest egg and passive income, aiming for financial freedom through real estate. Currently in a round 1 fundraise, having secured 5 million out of the 20 million sought. We've landed almost $100,000,000 in sales since opening the company in 2016, and currently hold $25,000,000 in rental assets under management at JBLM. The business' BHAG is to put 1,000,000 military families into homes over the next 10 years, helping service members buy and rent across 75 military installations across the US. James' life is mostly business by choice, often strategizing, planning, and executing till 1am. But, when he isn't empire building, hustling poker and pool tables, watching documentaries, or traveling is likely where you'd find him. He believes in deep philosophical level thinking, inspiring others to seek wisdom, and simply put good into the world. James' Social Media J ames' LinkedIn: https://www.linkedin.com/in/jamesmarszalek/ James' FB: https://www.facebook.com/Mad.Hatter87 Operation Red Dot YouTube: https://www.youtube.com/channel/UC6F14c3w3JRZA-iADtsm3aw/videos Operation Red Dot website: https://www.operationreddot.com/ James' email: James@operationreddot.com James' Gift J ames invites you to reach out to him to talk about the military housing challenge, Operation Red Dot, entrepreneurship and a host of other subjects. He also invites you to check out these sites. ActiveDutyPassiveIncome.com, or here's the FB group link: https://www.facebook.com/groups/308832522898149. James' Advice T hink about things that are bigger than you. Put your ego aside for two seconds. Think about finding a new 3d set of glasses that show you perspective on something new. I think we get in our own way, a lot of the time. I think we can do better if you're able to set that stuff aside. So put good into the world without any expectation of return and see what happens. Go www.thejasoncavnessexperience.com for the full episode and other episodes of The Jason Cavness Experience on your favorite platforms.
Wingnut Social: The Interior Design Business and Marketing Podcast
It's officially tax season and it's time to get all of your paperwork together. W2s, W9s, 1099s - what are all of these documents? Tax practitioner Aaron Smyle joins us today to offer tax advice, define the differences between employees and independent contractors, and what you need to do to set your business up for success. Aaron Smyle MBA, MST is an Enrolled Agent (EA), a federally-authorized tax practitioner who has technical expertise in the field of taxation and is empowered by the U.S. Department of the Treasury to represent taxpayers before all administrative levels of the Internal Revenue Service for audits, collections, and appeals. ***
This episode of The Jason Cavness Experience is a replay of my talk with Andy Lopez - VP Business Development at GoodTrust Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Andy's Bio Andy Lopez is the Vice President Of Business Development for GoodTrust.com (www.mygoodtrust.com). GoodTrust is a website dedicated to preserving and securing your digital assets and financial planning. Andy chairs various committees in both professional and non-profit sectors and is passionate about leveraging technology in order to help veterans access much needed resources and employment opportunities. He has been the chair of the Annual and Wide World Of Sales conferences for ICCFA and is currently the Chair of the ICCFA Veterans Committee. Andy is a member of the Columbia Tower Club of Seattle and serves on multiple committees including as the Co-Chair of the Veterans and First Responders committee. Andy is one of the chairs of the Lynnwood Gold Star Families Memorial team bringing the Gold Star Families Memorial to the Veterans Memorial Park in Lynnwood WA. (https://woodywilliams.org/monuments/lynnwood-wa.html) Andy proudly served in the U.S. Marine Corps Feb 1991- Sept 1994 and is a disabled veteran. Andy is a Life Member of DAV and PUFL Member of the American Legion. Andy is a on the Board of Directors of Wine Country Marines (www.winecountrymarines.org), a 401(c)3 dedicated to perpetuating both the ethos and esprit de corps of the U.S. Marine Corps, through charitable contributions. Andy also serves on the Scholarship Advisory Board for Save The Brave (www.savethebrave.org). The mission of STB is to prevent veteran suicide and they are committed to providing veterans with PTS resources and a safe space to connect with other veterans. Andy resides in Seattle WA with his wife Jessica. Andy's Social Media GoodTrust website: https://mygoodtrust.com/ GoodTrust GoodTrust on LinkedIn: https://www.linkedin.com/company/goodtrust/ GoodTrust on Instagram: https://www.instagram.com/mygoodtrust/ GoodTrust on FB: https://www.facebook.com/mygoodtrust/ Andy's LinkedIn: https://www.linkedin.com/in/lopezconsulting/ Andy's Email: andy@mygoodtrust.com We talk about the following How he gives back to the community How he choose sales as his career Advice for founders doing sales His journey from the funeral profession to tech Andy's Gift Followers of The Jason Cavness Experience receive 3 free months of GoodTrust at https://mygoodtrust.com/cavness Play around with it, provide your feedback and receive your free will. Andy's Advice No matter what life throws at you, the highs, the lows, don't give up. Keep a journal of all the mistakes and all the wins and all the successes and write your story. Whether you publish it or not, write your story. So don't forget to create that legacy that we're talking about. Record it in some way, shape or form. Most importantly, protect what's most important to you. Family, memories and legacy.
This episode of The Jason Cavness Experience is a replay of my talk with Mandy Lanier – Catalyst and CEO Palladium Mind Inc Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Mandy's Bio Mandy Barbee Lanier, MA Economics & CCHT is a Performance Coach and three-time Founder with 20 years experience leading teams (large and small) in the military, corporate, and clinical worlds. She helps successful people, especially those leading their own teams, thoughts, and industries, to completely transform / convert anxiety, self perception issues, fear and disconnection into their unique advantage, and fully access their personal power in weeks not years, using her system & framework, Power Play™, combined with their innate capacity for imagery. Her company Palladium Mind Inc empowers and equips others to identify and permanently resolve the root cause of core inner blocks, and strategically edit and align behaviors, thoughts, and reactions with their highest values, in order to enjoy their success. Her services provide value in three tangible ways: by helping people to relax, helping them reclaim control, and also helping them transform so they can feel fulfilled in every aspect of their lives. Her work has been featured in Forbes, Thrive Global, Authority Magazine, and more, and she hosts the podcast Calm, Confident & Deliriously Happy. Mandy's Social Media Mandy's Instagram: https://www.instagram.com/mandybarbeelanier/ Mandy's LinkedIn: https://www.linkedin.com/in/mandy-barbee-lanier/ Palladium Mind: https://www.palladiummind.com/ Calm, Confident & Deliriously Happy Podcast: https://www.palladiummind.com/podcast We talk about the following Rock climbing and Alpine climbing Traveling Palludium Mind Inc. Leading Teams Helping people become better
This episode of The Jason Cavness Experience is a replay of my talk with Shanie Majer Founder of Will 2 Click Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - delivers HR to companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Shani's Bio Shani Majer (LinkedIn) is founder of Will 2 Click, a NY-based fintech startup, previously at a Fintech Startup (employee #6, backed by JPM, Wells, Amex, BofA, BofA) and VC (ffVC). Shani's Social Media Shani's Linkedin: https://www.linkedin.com/in/shani-majer/ Will 2 Click Linkedin: https://www.linkedin.com/company/will-2-click Shani's Twitter: https://twitter.com/ClicWill2 Will 2 Click on the App Store: https://apps.apple.com/us/app/will-2-click/id1481169386 Shani's email: shani@will2click.com We talk about the following FF Venture Capital What drives her Will 2 Click Will 2 Click Product Roadmap Challenges of being a female entrepreneur
Hello, 2023!! A new year for Uncle Sam to tax your hard-earned money! In this episode of Mr. Curiosity, Joe talks with Liberty Tax franchisee and tax expert Mark Mihalka about 1099s, W2s, 401Ks, 1040s, and oh so much more exciting tax information that you need to know about.You'll learn how to maximize your earnings and minimize your taxation with representation! If you pay close attention, you may even learn how to dance on the streets of NEPA just like Lady Liberty does for Liberty Tax Service!Get your ears and W2 ready, it's time.
Hello, 2023!! A new year for Uncle Sam to tax your hard-earned money! In this episode of Mr. Curiosity, Joe talks with Liberty Tax franchisee and tax expert Mark Mihalka about 1099s, W2s, 401Ks, 1040s, and oh so much more exciting tax information that you need to know about. You'll learn how to maximize your earnings and minimize your taxation with representation! If you pay close attention, you may even learn how to dance on the streets of NEPA just like Lady Liberty does for Liberty Tax Service! Get your ears and W2 ready, it's time.
This episode of The Jason Cavness Experience is a replay of my talk with Randa Minkarah – President, Chief Operating Officer & Co-Founder Resonance AI Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - delivers HR to companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Randa's Bio Randa Minkarah is a dynamic executive leader advancing the media industry through her background in technology, broadcast, digital and mobile. She combines extensive sales, management and business development experience with an exceptional ability to drive growth, revenue and profit by implementing innovative solutions. Ms. Minkarah has successfully led strategic planning, budgeting, operations, product development, launching new revenue streams and executing upon multiplatform initiatives for both traditional and digital media properties. Ms. Minkarah is co-founder, President and COO at Resonance AI, formerly Transform, Inc. Resonance AI is a leader in cutting-edge artificial intelligence for video. The Platform combines viewer performance data with the most advance machine learning available, determining the elements within video content that engage audiences. Insights are delivered with an unmatched efficiency and accuracy for every industry using video today, including networks, studios, broadcasters, streaming platforms, advertisers and social networks. It helps you know your audience, grow your audience and keep them watching. Prior to Transform, Ms. Minkarah served as Senior Vice President of Revenue and Business Development for Fisher Communications (FSCI), Inc., an integrated media company, until its sale in 2013 where she had corporate responsibility for all revenues at Fisher television, radio and Internet properties and was responsible for developing and implementing its digital strategy including launching mobile applications and mobile viewing apps. Ms. Minkarah is active as a speaker at conferences, advisor to multiple media/technology companies and as an investor in emerging companies. She serves on the Washington Technology and Industry Association's AHP board. She also serves on the board of the Girl Scouts of Western Washington and is Chair of the Finance Committee. In 2020, she became the Chair Elect. She earned a BFA from the University of Cincinnati, College Conservatory of Music in Broadcasting. Ms. Minkarah resides in Seattle with her husband and two rescue dogs. Randa's Social Media Randa's LinkedIn: https://www.linkedin.com/in/randaminkarah/ Ressonance AI LinkedIn: https://www.linkedin.com/company/resonanceartificialintelligence/ Resonance AI Website: https://www.resonanceai.com/ Randa's Twitter: https://twitter.com/Randam2 We talk about the following How she started in media. Resonance AI The Girls Scouts Investing Challenge of being an entrepreneur
This episode of The Jason Cavness Experience is a replay of my talk with Jerry Yen of Advice Analytics Our Affiliates Close.com - If you hate your sales CRM or know that you inevitably need to make a change because what you have is not working, certainly check out Close. It's quick and easy to set up and sales rep adoption is extremely high! Give their trial a shot. PeopleKeep - If your company has 49 or fewer employees a PeopleKeep personalized benefits advisor can evaluate whether a health reimbursement arrangement (HRA) is right for your business. Reach out today to get your questions answered. https://www.peoplekeep.com/cavnesshr Everee Payroll - Run payroll or contractor payments from anywhere in seconds with just one swipe on a mobile app. Focus on growing your business instead of on compliance. We remit, file and report on federal, state, local and unemployment insurance taxes, as well as handle your W2s and 1099s. https://offers.everee.com/cavness-hr CavnessHR - CavnessHR delivers HR companies with 49 or fewer people with our HR platform and by providing you access to your own HRBP. www.CavnessHR.com Bio Jerry Yen is the CEO of Advice Analytics – a cloud platform that uses 401(k) compliance to unlock $300B for 100M everyday American workers. He has successfully built a superstar team, launched a sales-ready product, and raised $1M – all during the pandemic. Prior to founding Advice Analytics, Jerry launched digital investment advice and drove 45% revenue growth to $16 billion in assets. He's successfully launched 4 rockets into orbit without a splash. He has held strategic planning, sales & marketing, and product management executive roles at HP, Gateway, and several startups. Jerry holds degrees from UCLA, Northwestern, and Stanford University in aerospace engineering and business. His latest obsessions include his wife and kids, Advice Analytics, and spicy vegan food. Jerry's Social Media Jerry's LinkedIn: https://www.linkedin.com/in/jerryyen/ Jerry's Email: jyen@adviceanalytics.com Company Website: https://www.adviceanalytics.com/ Company Twitter: https://twitter.com/adviceanalytics Company FB: https://www.facebook.com/AdviceAnalytics Company Instagram: https://www.instagram.com/adviceanalytics/ We talk about the following Differences in corporate and startup environments Having honest conversations with employees The challenges of going vegan How to galvanize the team and get investors The hard truth about 401K compliance The importance of balancing work and life Jerry's Advice Life is easier when you're authentic. Life is easier when you're real with yourself and with others. While there are situations that you might want to be neutral, you're only on this earth for a short amount of time. Be true to you. Do good by others. Jason tells you to be great, I encourage you to be great. Be the best you, the greatest you, you can be every day. It's hard. It's not always easy. Get through it, fight through it. But the reward is your own happiness meter, your own value.
The boys are on the road! They've hopped back in the RVs and driven from Byron Bay to Darlington Holiday Park... Only the finest and most luxurious for The Fellas! One of the funniest podcasts we've recorded, W2S even gets attacked by a Kangaroo - don't think you want to miss this one. 165TH FLOOR CLOTHING COMING OCTOBER 7TH: https://www.instagram.com/the165thfloor/ WATCH THE TOUR VLOGS: https://www.youtube.com/channel/UCUucWR3OvzlZ4d9qLikokgw Learn more about your ad choices. Visit podcastchoices.com/adchoices
© 2020-2025 Ivy Podcast Discovery LLC
