Real Estate Money School

Real estate investing gives us the opportunity to take control of our money and escape the false security of a traditional job. There are so many avenues we can use to gain freedom through real estate, provided we take that first step.    Many people who dream of becoming real estate investors spend so much time analyzing that first deal that they never take action, missing out on great opportunities in the process.    On the other hand, when they’ve gained some experience, the same investors under-analyze their subsequent deals, leading to short-cuts on due diligence and expensive mistakes. The correct approach is finding balance between taking action, making smart decisions and being cautious.    If we surround ourselves with the right people, borrow money the smart way, and follow a process, we can take decisive action while protecting ourselves.  What are some of the costly mistakes we avoid by taking these steps? How can we approach private lenders for capital for deals? In this episode, I’m joined by re

Real estate notes have evolved into a highly attractive asset class and investing strategy that has a low barrier for entry, and guarantees long-term cash flow.    It is the perfect investment vehicle in today’s marketplace, and one of the best ways to become the bank while getting into the financial side of real estate. No other asset class can give a double-digit return backed by collateral worth twice as much as our investment. It can open up massive opportunities and allow us to expand our wealth without the headaches of rentals and flipping.    What is note investing, and why is it such a powerful asset class for all investors? How can we get started? In this episode, I’m joined by investor, speaker, author and Real Estate Notes consultant, Kevin Shortle. He shares why every investor should be looking into real estate notes.   Three Things You’ll Learn In This Episode   What sets note investing apart from other property-based investments While investing in properties gives us the same kind of return as n

Some brands just market products, while other brands are powerful movements, and there’s a reason for this distinction. What separates brands like Starbucks, Nike and Apple from their competitors isn’t the products they sell. The reason they have billions of loyal fans and customers is the personal feelings people associate with them, and the worldview they stand for.    Even though it seems unlikely at first glance, this is something we can do in our own real estate investing business. We can elevate ourselves beyond being a commodity, and attract investors by focusing on the experience of working with us, not being sold a product.    What do we need to have in our businesses to position ourselves like the world’s most valuable brands? How does this help us get money for deals without having to ask? Why are authentic stories so important if we want to stand out?    In this episode, I’m joined by entrepreneur, speaker, author and founder of DMW Strategic Consulting, Dennis Moseley Williams. He shares how we c

80 - 90% of our success in anything is driven by our mindset. Only 10 - 20% of what we achieve comes down to the mechanics and the methods we use. When our mindset is dialed in and set up for us to achieve, doing what it takes to win becomes second nature.    We often put a lot of our focus on the tactics that will make us successful, but if we aren’t laying the right foundation with our thinking, no tactic will ever work. We need to have solid goals that push us, pull us and propel us.    How do we start setting goals that create magnetic success? What are some of the mistakes that get in the way of the path to our dreams? Where should investors be putting their focus right now?   In this episode, I’m joined by business owner and philanthropist, Rod Khleif. We discuss his journey, and how he was able to use his mindset to pivot and innovate his way to a fulfilling life. Three Things You’ll Learn In This Episode   How to plant the seeds of success into our subconscious When you write down your goals and assoc

When you’re trying to build up your investing portfolio, you quickly realize how difficult, draining and unsustainable it is to do it on your own. This is where it becomes critical to employ creative financing and leverage other people’s money.   Investors are going to lend us money based on our relationship with them and the fact that they trust us to be able to pay that money back. If we don’t start with this intention in mind, or build the right strategies to fulfil this expectation, we can quickly lose our portfolio and our credibility.   How do we make sure we are always able to make our investors whole when we borrow money? What are some of the overlooked places we can get access to financing? How can new investors build up their credibility? In this episode, I’m joined by innovative real estate investors, speakers, mentors and authors, Mel and David Dupuis. They share how new investors can grow their portfolio significantly without using any of their own money.   Three Things You’ll Learn In This Episo

90 cents of every single dollar we make as Americans goes to somebody else, and we give that money up willingly.    All our lives we’ve been taught to hustle and work hard to earn money and have the lifestyle that we want, but we were also taught to give up control of our money.    When we don’t control our own money, we can’t have power, we can’t have freedom and we can’t make an impact. We need to cultivate a higher consciousness around money so that we leverage it as the tool that it is.    What drives the fear and uncertainty so many people have when it comes to money? How can we overcome it? In this episode, I share how we can get past the lies we’ve been taught about money.   Three Things You’ll Learn In This Episode What causes our money uncertainty Because we give up control of our money, we end up feeling like we don’t know what’s going on with it. If we were to just gain control of our money, we’d feel less helpless and fearful, and ultimately empowered.   The truth about banks Banks make between 40

Building equity in your home unlocks massive leverage and cash flow, but thanks to an antiquated system, very few people ever get to put that to use.    With $17.8 trillion of equity in single family homes, and 14.7 million homeowners with 50% or more in equity, this is a huge untapped asset class that’s right in front of us. Most people think the only way to leverage their equity is through a traditional bank loan, which they shy away from because it involves assuming more debt with monthly repayments. Fortunately there is a better way.    Equity-based financing allows us to access cash without eroding the upside with monthly payments. The idea is to make the equity in our homes work for us so we can actually live a better life and have more passive income, without the burden of structured debt.   How is this model different from the traditional model of borrowing on your equity from the bank? What is the difference between good debt and bad debt? How can we use our equity to improve our lives and reach more

Real estate is perhaps the greatest wealth creator and preserver, and the most powerful vehicle for passive income and financial freedom. The challenge is, in order to extract the value of real estate and use it to create the life we want, our strategy matters. Certain key pieces have to be in place so that our investing operations help us build wealth and mitigate risk.    Many real estate investors jump in too fast without doing critical due diligence and end up stepping on devastating landmines. The work we do before we decide on an investment can reduce risk significantly and protect us from potential downsides.   Why is it a mistake to focus on the property last? What are the key things we should be doing, looking at and really taking advantage of in our markets?    In this episode, I’m joined by investor, founder of Norada Real Estate Investments, and host of the Passive Real Estate Investing show, Marco Santarelli. He shares the lessons he’s learned on his investing journey, and how we can strategicall

There are two reasons why people start their own business. One is to have financial freedom, and the other is personal freedom. The problem is most business owners find themselves struggling financially and feeling trapped by the very businesses they built to make their lives better.     When our businesses become too complicated, and we don’t know how to prioritize, we end up in a constant state of damage control which impedes any progress we may make. If our businesses don’t have the fundamental elements that make them strong, we can’t have freedom, make an impact or achieve any efficiency.    What 5 fundamentals do our businesses need to have for them to become not only stable, but impactful? Why is entrepreneurship a responsibility? In this episode, I’m joined by serial entrepreneur and author of Profit First, Mike Michalowicz. He shares how we can get all the unnecessary complexity out of the way in the running of our business.   Three Things You’ll Learn In This Episode  - The survival trap in business 

Recently, the behavior and expectations of the consumers we market ourselves to has changed tremendously. They have the internet at their fingertips, they research the people they want to work with, check their online presence and then add us to their shortlist.    Before, all it took was seeing our marketing to pick up the phone. Marketing is no longer enough for someone to choose us. While it can help us generate leads, it isn’t the factor that makes them decide.    This is where branding comes in. Branding is what separates us from the competition and makes us memorable, and this is especially important for new investors.    What is the difference between branding and marketing? Why is probate investing a great investing niche? In this episode, marketing, branding and probate investing expert Sharon Vornholt shares how we can build our online presence purposefully.      Three Things You’ll Learn In This Episode  Why probates are a great lead source for investors You never run out of leads, people always ha

Many people remain stuck and stagnant in life because someone else has told them what to do, how to work and how much money they can make. Ultimately, they end up wasting their potential and never having the power to control their own destiny and make a real impact.    In order to be and have more, we have to take the reins of our own lives, and real estate investing is one of the best ways to do that. By setting up an investing operation, we’ll no longer be under someone else’s control and subject to the limiting life paths so many find themselves on.    The journey doesn’t have to be a perfect one in order to succeed. My guest today has an incredible and inspiring story about overcoming adversity and building a thriving business. What are the biggest lessons he learned from his journey? How can we turn flipping into long-term income? In this episode, I’m joined by entrepreneur, real estate investor, speaker and coach, Paul Tompkins. He shares his journey from the military and law enforcement to building a b

Many new investors hit a wall thinking they can’t get any money for deals. A rough economy can have us believing that there’s absolutely no easy way to find private lenders.   When an economic disaster worsens, those with access to the deals hold a lot of the power and value. But going out and raising money actually becomes easier when we do the exact opposite of what we’ve been taught to do - Which has been to ask for money.    We just need to change our perspective on the process of raising and sourcing money. The real trick to raising massive amounts of money is to solve the other person's problem. If you solve their problem the money will flow to you. If you ask for money, the money will flow away from you. Become a problem solver.   How do we go about sourcing deals in this environment? What do we need to do so that we stop seeking money and start attracting it? In this episode, I share my methods for finding money for deals right now.    Three Things You’ll Learn In This Episode - What we can expect to

“Be greedy when others are fearful and be fearful when others are greedy.” Warren Buffett’s famous words are incredibly relevant now as we navigate this crazy covid economy.    The turbulence of this time has led to hesitation, concern, uncertainty and fear. These emotions lead people to make irrational decisions, especially with money. It becomes easy to follow the crowd, but this is definitely a time to go against the status quo.    Everyone is afraid right now, but the people who win in this economy see things very differently. That’s because there are massive opportunities in this type of market if you know where to look. In hard times there are two types of people, the fearful and the enlightened. What you lose or gain during this crisis is going to be determined by who you choose to be.   What opportunities are going to come out of this economy? How do we prepare for them? In this episode I share how to line up with and act on the opportunities that are coming our way.    Three Things You’ll Learn In Th

On the surface, it appears that the market has bounced back, and that it’s safe to start investing again. But underneath this current of speculation, fake optimism and manipulation, there is a looming market low.    People are pouring money back into the market, thinking it’s going to continue its upward trend, but that’s definitely not where things are heading.    A market high that’s based on speculation, greed, fake news and hope will not hold, and investing in it is walking straight into a trap.    The economy is still in a shaky place, job losses and bankruptcies are still prevalent, and we’re not out of the woods yet. Anyone speculating otherwise is in for a rude awakening.    How do we read into today’s market so that we protect our wealth? What investments are actually traps that we need to avoid? What should we do with our money instead? In this episode, I talk about the perilous financial traps that have come out of this current covid market.    Three Things You’ll Learn In This Episode  - The econo

The yields and benefits of the stock market are benefiting a small section of our population. The system has been built to increase their wealth, and protect their investments no matter what.    This top 5% has twisted the system to where what happens in the stock market is good for them and nobody else. This coronavirus downturn has revealed to us that Wall Street is no longer a reflection of Main Street. If we keep paying attention to the stock market, we’re only going to see what’s benefiting the top 5% in this country.     How do we align ourselves with the people who are winning in this market? In this episode, I’m joined by investor, technologist, coach and “The Mad Scientist of Multi-Family” Neal Bawa. He shares on economic and stock market patterns and how we can navigate them.    Three Things You’ll Learn In This Episode  - Recessions help the rich and affect everyone else negatively The rich come out of recessions richer, and that’s by design. Recessions protect their assets, lower interest rates an

In every recessionary period in the market, we ask ourselves a serious question “where is my money?” Many of us have been asking this question for the last 4 months. If your money is in a 401k or any other employer sponsored plan, you might come to the sad realization that you have no control.     All our lives we’ve been taught to give up control of our money by putting it into a 401k, but that advice comes from a misguided view of how money works.   It turns out that when you have a plan like this, the game is rigged for someone else to profit at our expense. We need to be looking at other ways to invest our money if we want to secure our financial future.     Why should you rethink your retirement plan? Why don’t our retirement investments bounce back as quickly as the stock market? In this episode, I share the truth about the 401k.   Three Things We Learned In This Episode  - Our money has to work twice as hard to keep up with inflation and beat inflation so that we have money that’s usable in retirement.

The smallest piece of information or a simple strategy can be the missing ingredient to unlocking massive growth in the real estate investor business.    If we want to dominate in this game, we have to constantly focus on growth, gaining the knowledge that takes us further and then taking massive action on what we have learned.    That requires us to adopt the mindset that we never reach a ceiling of knowledge, and that even the most experienced investors still learn and implement new things.    What are some of the banking strategies that can help us maximize profits? Why are community banks great for sourcing money for deals? In this episode, investor and founder of MF Cashflow Mike Fisher shares how he built his 350 door investment portfolio.  Three Things You’ll Learn In This Episode  - The huge benefit of becoming your own bankIf you create and borrow from your own bank, you’ll be able to put a lien on your own property without having to deal with liens from an actual bank.  - Why community banks are

Right now, we’re living through a very challenging period. Depending on how you view the situation, this coronavirus crash could help set us up to win in the next 6 to 12 months.  When we gather information, data and understanding, we gain an advantageous perspective of our situation. Knowledge allows us to stand at the top of the mountain, see all the options and prepare to make a move.  If we allow ourselves to drown in negativity, we lose that perspective and ability to turn a negative into a positive. Our guests today have learned this first hand and earned their stripes from the hard knocks of the real estate business. They went from a massive eight-figure success to bankruptcy, before starting over and climbing back up to the top.  What are the biggest lessons they learned? Why should we avoid listening to what the media is telling us about this crash? In this episode, we’re joined by real estate entrepreneurs, coaches and founders of REI Blueprint, Jason Roberts and Rachel Schneider. They talk about ge

We’re in the midst of the coronavirus crash and a lot of things are changing. Real estate investors are having to pivot into new markets or find new ways to position and use their existing investments.    Most people believe that short-term rentals are doomed at this time, but there are actually new opportunities that have emerged as a result of everyone being housebound.   Over the summer months, we’re going to see a rise in the demand for vacation rental properties. If you’re positioned correctly, both geographically and in your marketing, this could be a great opportunity.    In this episode, I’m joined by investor and business owner, Avery Carl who shares how she has implemented this strategy in her own business and how to successfully set it up.   Three Things You’ll Learn In This Episode  - How new opportunities in short-term rentals have emerged Many people are so sick of being home and stuck indoors that they might consider socially distanced vacation rentals that are within driving distance. Investor

There’s no denying that the last few months have been anything but business as usual. While it’s been a challenge, we don’t have to let that become the whole narrative of this time. We can either view this moment in history as an obstacle or as an opportunity.    This is actually a time for us to pivot and take advantage of an opportunity to change the entire course of our lives. But we need to decide and take action like our guest today.    This real estate investor took a leap and a chance to make her investing dreams come true, and there’s a lot we can learn from her unique story.    How have business owners managed to keep going during this difficult time? Why are challenging moments in the real estate market also times of great opportunity, and how do we leverage them? In this episode, I’m joined by investor and coach, Jackie Jackson. We talk about her story and how to navigate these times.    Three Things You’ll Learn In This Episode  - Why it is possible to keep going in difficult times All of the regu