Mark is a real estate investor with a passion for renovating historic buildings and improving property management. He came into real estate mostly by chance. In his early twenties, he worked as a musician before he transitioned into construction and property management. He learned construction by renovating his single-family house and the various investment properties Phoebe and he have renovated/managed along the way.   [00:01 - 04:38] Opening Segment Get to know Mark Davenport How Mark and his wife got into real estate Kansas City Real Estate   [04:39 - 09:52] Working Together What makes Mark unique is… Looking for something with potential and excitement! Mark’s Real Estate Mindset “We work on it together.”   [09:53 - 23:31]  They Bought a 12 Story Tower! How to Get Your Mindset in the Right Place Internal State versus Decision-Making Real Estate in the United Kingdom How to Get Over Rejection Mark’s Rejection Stories Recognizing Value Differently The Types of Deals Mark Invests In At the Beginning of The Historic West Bottoms   [23:22 - 30:22] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?Single family to a duplex Mark’s worst investmentSingle family homes What is the most important lesson that you've learned in business and investing?“Just take the next step.” Connect with my guest. See the links below.   Tweetable Quotes: “You can always make the next step.” - Mark Davenport “I like to be at the beginning.” - Mark Davenport “You just gotta do it.” - Mark Davenport ------------ Connect with Mark Davenport through hello@levareproperties.com, Instagram and LinkedIn.  Visit their website https://www.levareproperties.com/.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.                   

Passive Wealth Strategies for Busy Professionals

They Bought a 12 Story Tower! with Mark Davenport

Dan Barrett is the founder and Head Nerd at AdWords Nerds.  His unique approach to finding motivated sellers – combining online marketing best practices with rapid data collection and intense focus – helped dozens of clients grow their investment businesses while spending less time on their marketing.  Today, Dan’s focus is on research and development – finding the next big online marketing channel for investors. He also runs the REI Lead Gen Mastermind, a high-level coaching program that teaches investors the skills they need to market online.   [00:01 - 11:40] Opening Segment A quick recap of yesterday’s conversation with Daniel Barrett Why everybody hates big tech Apple saw an opportunity with big tech Running Facebook advertisements Emergence of short-term closing ad tracks   [11:41 - 17:09]  Do More Deals with Better Marketing Predicting the track records of people in Facebook The Facebook Algorithm How online data can affect you in 10 years Creating our own products Technology changes people: How you can figure it out slowly to your advantage For the average investor, this is enough   [17:10 - 30:25] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?Getting an office separate from his house Dan’s worst investmentSelf-educating and not realizing that all systems are unique  What is the most important lesson that you've learned in business and investing?“I am always relearning.” “Attention to detail and consistency.” Connect with my guest. See the links below.   Tweetable Quotes: “To what extent do we want black boxes making decisions that affect the outcome of our lives?” - Daniel Barrett “Really know your industry and your business. ” - Daniel Barrett ------------ Connect with Daniel Barrett through LinkedIn.  Visit their website https://adwordsnerds.com/ and listen to his podcast ‎REI Marketing Nerds.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Do More Deals with Better Marketing with Daniel Barrett, Part 2

Dan Barrett is the founder and Head Nerd at AdWords Nerds.  His unique approach to finding motivated sellers – combining online marketing best practices with rapid data collection and intense focus – helped dozens of clients grow their investment businesses while spending less time on their marketing.  Today, Dan’s focus is on research and development – finding the next big online marketing channel for investors. He also runs the REI Lead Gen Mastermind, a high-level coaching program that teaches investors the skills they need to market online.   [00:01 - 05:03] Opening Segment Get to know Daniel Barrett Dan talks about AdWords Nerds Why Dan likes to focus on real estate and RE investors   [05:04 - 11:31] The Advertising Market Today What is pay-per-click advertising? Changes in the real estate advertising market Dan shares his experience in advertising  The Breakthrough Advertising Book   [11:32 - 20:43]  Marketing for Real Estate Investors All you have to do as a seller “Here is why you should choose me!” Being different and offering unique but relatable services We’re in a Different Market and Here’s What You Have to Know   [20:44 - 32:50] Facebook and Google Advertising Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. The changes with Facebook, Google, and iOS advertising“Nobody knows where this is going right now.” Facebook versus Google If you don’t pay for the website, you’re the product   Resources Mentioned: Breakthrough Advertising   Tweetable Quotes: “Know the industry you’re in.  Know the market that you’re in.” - Daniel Barrett “Relationships with clients to sellers change over time depending on how saturated or unsaturated your market is.” - Daniel Barrett ------------ Connect with Daniel Barrett through LinkedIn.  Visit their website https://adwordsnerds.com/ and listen to his podcast ‎REI Marketing Nerds.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Do More Deals with Better Marketing with Daniel Barrett, Part 1

Sharad Mehta is a very active real estate investor who founded REsimpli, a cloud-based system that makes real estate investing more efficient by automating tasks and helping investors manage their business more efficiently. Sharad has done over 400 deals in the last 6 years since he became a full-time real estate investor and over the years he has developed systems to automate many parts of his real estate investing. Sharad is a very active investor in Lake County, Indiana market and he manages his entire business from Carlsbad, California, where he lives. Using the systems that Sharad has developed, he is able to manage 3-4 rehabs a month from a distance.    [00:01 - 05:46] Opening Segment Get to know Sharad Mehta Sharad and his Australian dollars Beginning real estate and starting his own software company   [05:47 - 10:04] Forty to Fifty Flips a Year How to Do Forty to Fifty Flips a Year Sharad’s Time Spent in Each Flip One Good Thing in Chicago! Is it Too Early in the Business?   [10:05 - 30:17]  Flipping Real Estate Out of State in 2 Hours a Month Sharad talks about The E-Myth Why you should start documenting and the advantages of documenting How Sharad manages his software company “We’re a little bit more picky about deals” How Sharad is going to rebuild his business someplace else Changing variables in marketing teams Documenting and making a checklist Finding a good contractor A Unique Closing in Tanzania    [30:18 - 37:08] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?10-Unit Property Wholesale Sharad’s worst investmentLosing $20,000 in a deal in an unfamiliar area What is the most important lesson that you've learned in business and investing?“Just be better at one thing than anybody else.” Connect with my guest. See the links below.   Resources Mentioned: The E-Myth   Tweetable Quotes: “Start documenting things in your business even if you feel like you don’t have time for it.” - Sharad Mehta “People lie, numbers never lie.” - Sharad Mehta “Take one thing, everything outside of that is noise.” - Sharad Mehta ------------ Connect with Sharad Mehta through LinkedIn.  Visit their website https://resimpli.com/.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Flipping Real Estate Out of State in 2 Hours a Month with Sharad Mehta

Monick Halm is the founder of Real Estate Investor Goddesses. She is an educator and advocate for female real estate investors, and has a mission to help 1 million women achieve financial freedom through real estate. Monick is herself a real estate investor and syndicator, and owns, together with her investors, over 1300 rental doors across seven states.  She is also a #1 bestselling author, podcast host, Real Estate Strategy Mentor, wife, and mother of three amazing kids.   [00:01 - 04:16] Opening Segment Get to know Monick Halm Monick talks about what she has been up to recently   [04:17 - 10:42] Quick Rewind in REI “I was an accidental investor!” Monick shares the story of her first real estate investment, a house hack House hacking before knowing it was a thing A blessing in disguise in 2008 A conversation that completely changed Monick’s real estate game Monick and her husband’s first syndication   [10:43 - 22:58] Thriving Through The Pandemic As A Real Estate Investor & Educator Monick’s past and current investments An asset that made Monick say, “Good for us and our investors, terrified me as a buyer!” Triple Net Leases in Industrial Mindsets, Strategies, and Opportunities “How can I use this to take me higher?” The Best Asset in 2020 Monick talks about a book her father gave her that changed her life Unsane in every way and how Monick powered through   [22:59 - 32:05] Closing Segment Quick break for our sponsors Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education? In relationships Monick’s worst investment Investments where she did not trust her intuitive guidance What is the most important lesson that you've learned in business and investing? “Trust that intuitive wisdom inside of me.” Connect with my guest. See the links below.   Tweetable Quotes: “I truly believe that life happens for me, not to me.” - Monick Halm “I invest a lot in being around other people that will take me higher.” - Monick Halm “Trust that inner voice.  Trust my intuition.” - Monick Halm ------------ Connect with Monick Halm through Instagram and LinkedIn.  Visit their website http://www.reigoddesses.com.    Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Thriving Through The Pandemic As A Real Estate Investor & Educator with Monick Halm

Richard Allen is a Husband and a Father and he has always been an entrepreneur.  He loves to positively impact people's lives and disrupt markets.  Rick's current projects both revolve around the distressed debt market and disrupting how mortgage notes are traded.  His company Paperstac, is the first fully digital online process for buying and selling mortgage notes.  As a co-founder at MWM fund, Rick and his team focus on deploying capital in the distressed debt space with the goal of managing for economic returns and social impact.   [00:01 - 03:37] Opening Segment Get to know Richard Allen A Real Wild Ride: Life and husband as a father of 3 Starting real estate in 2005 and becoming the owner of Paperstac   [03:38 - 11:05] Note versus Stock Investing Comparing and Contrasting Notes and Stocks “At least my money is secure to a certain degree!”  Why you should try note investing Must-Know Exit Strategies For You   [11:06 - 22:57]  Become the Bank with Notes What are you in this for? Rick talks about Paperstac’s services The safest thing to do when note investing Note Investing Average Time Investment Due Diligence and Performing LoansYou can literally do nothing! Performing versus Non Performing LoansWhy getting the right servicer and attorney changes the world The Attorney and the Servicer Operation Squeaky Wheel   [22:58 - 31:37] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?A keen to details deal Rick’s worst investmentA huge house in Kentucky What is the most important lesson that you've learned in business and investing?“Get yourself educated.” Give extra attention to the details. Connect with my guest. See the links below.   Resources Mentioned: NoteSchool Real Estate without Renters   Tweetable Quotes: “You have to know ‘what’s my investment goal?’.” - Richard Allen “If you look at something, the due diligence is the most important thing when you buy a loan.” - Richard Allen “A devil is in the details… Really look at all the details and all the angles in an investment.” - Richard Allen ------------ Connect with Richard Allen through hello@paperstac.com and LinkedIn.  Visit their website https://paperstac.com/ or Youtube.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Become the Bank with Notes with Rick Allen

Darin Davis is Principal and Co-Founder of Presario Ventures.  He has over 18 years of real estate experience involving acquisition, development, management, and dispositions. In 2002, he founded his first with an initial emphasis on land entitlement, multi-tenant and Class B commercial retail centers. In 2009, Darin co-developed his first multifamily project in Austin, TX. Since then he and his business partners have focused their efforts on the multifamily sector primarily in the Texas marketplace. As a Sponsor and General Partner, he has directly participated in securing over $500,000,000 in debt and equity for acquisition and ground up construction. Darin is experienced in Public-Private Partnerships and HUD-insured loan products. He is an honored alumnus from the University of Oklahoma, and he and his family currently reside in the great state of Texas.   [00:01 - 04:54] Opening Segment Get to know Darin Davis Darin shares about his life and starting Presario Ventures   [04:55 - 10:29] Invest in Multifamily Development Why should you invest in multifamily development? “We were losing!”  The Good Side of Investing in Multifamily Development    [10:30 - 31:18]  Multifamily Development vs Acquisition Resources, Development, Market Downturn, and Costs Inflation is the big buzzword now! Darin talks about sensitivity underwriting When does debt become your friend? “That’s not us!”: A Unique Way of Finding Assets and Catering to their Specific Markets What is Build To Rent? BTR Costs versus Apartment Costs Here’s What You Should Do when Evaluating Your Deals “It’s based on them first.” Darin endorses Tom Burn’s book, Why Doctors Don’t Get Rich How Darin and Tom started their partnership with one another Levelling up Your IRR in Six Weeks Why Focus on Either Multiple or Cash on Cash   [31:19 - 41:25] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?Their team Darin’s worst investmentNot listening to the people closest to him What is the most important lesson that you've learned in business and investing?Building a relationship  Connect with my guest. See the links below.   Tweetable Quotes: “We have so much more control.” - Darin Davis “We put a lot of space between the good and the probable.” - Darin Davis “Be actionable.” - Darin Davis “At some point, it’s okay to say ‘no’.” - Darin Davis ------------ Connect with Darin Davis through info@presarioventures.com and LinkedIn.  Visit their website https://presarioventures.com/. Grab a copy of 

Multifamily Development vs Acquisition with Darin Davis

Justin R. Kiehne is a Financial Advisor with Fortitude Investment Group, located in Juno Beach, Florida, where Mr. Kiehne resides.  Justin's professional career began in the Aerospace Engineering industry, working in gas turbine engine design and analysis, managing technical teams and customer relationships. With his nontraditional background, Justin brings an experienced, analytical perspective and a passion for customer service to bear in which he seeks to meet and exceed customer expectations.   At Fortitude, Justin focuses on real estate and tax-advantaged investments, retirement, and estate planning. He prides himself on delivering high-quality, institutional-grade real estate solutions, alternative investment options, and comprehensive, individually tailored portfolios to the retail investor that seeks to diversify investments, manage market volatility, and help maximize income potential. Mr. Kiehne was raised in Annapolis, Maryland, and is an avid Navy Football fan. He holds a Master of Science Degree in Mechanical Engineering from the University of Florida and a Bachelor of Science degree with a Dual Major in Physics and Biology from Dickinson College. A former award-winning lacrosse and track athlete, Justin maintains an interest in weightlifting, golf, lacrosse, and fishing. Justin maintains his series 7 (General Securities License) and series 66 (Uniformed Combined State Law).   [00:01 - 05:48] Opening Segment Get to know Justin Kiehne Justin lists what he has been doing in the real estate industry   [05:49 - 10:02] What’s New in 1031? Breaking Misconceptions on 1031 Exchanges  Reinvesting in another piece of real estate How Capital Gains Tax Deferral affects the 1031 Exchange Market Closer to 10-Billion in Escrow   [10:03 - 25:06]  Capital Gains Tax Deferral, Reduction, and Elimination Why you should buy triple-net properties in slower markets What is a Delaware Statutory Trust? Where have qualified opportunity zones gone? Qualified Opportunity Zones versus Delaware Statutory Trust Choosing either ground-up development or redevelopment Comparing DSTs and QOZs in Terms of Funding   [25:07 - 32:35] Closing Segment Quick break for our sponsors Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education? Exposure. Justin’s worst investment Taking a shortcut What is the most important lesson that you've learned in business and investing? “You need a short memory.” Connect with my guest. See the links below.   Tweetable Quotes: “Deferral is not necessarily elimination.” - Justin Kiehne “If you’re going to hold something for ten years, try to hold brand new development.” - Justin Kiehne “Learn from your mistakes and move on.” - Justin Kiehne ------------ Connect with Justin Kiehne through LinkedIn.  Visit their websites https://www.1031dst.com/ and https://www.fortitudeinvestments.com/.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes           

Capital Gains Tax Deferral, Reduction, and Elimination with Justin Kiehne

Joe Sanok is the author of Thursday is the New Friday (HarperCollins) releasing October 5, 2021.  He is a keynote and TEDx speaker, business consultant, and podcaster. Joe has the #1 podcast for counselors, The Practice of the Practice Podcast. Joe is also a writer for PsychCentral, has been featured on the Huffington Post, Forbes, GOOD Magazine, Reader’s Digest, Entrepreneur on Fire, and Yahoo News. He is the author of five books and has been named the Therapist Resource top podcast, consultant, and blogger. Joe Sanok helps private practitioners to find innovative ways to start, grow, and scale a private practice. For resources go to: http://www.practiceofthepractice.com/resources.  Joe is also the founder of Podcast Launch School, A curriculum that teaches new Podcasters how to attract amazing guests and monetize their podcast for nine months.  Joe is a TEDx speaker, writer, and has the #1 podcast for private practices. He’s been featured in Forbes, Huffington Post, and Entrepreneur on Fire.   [00:01 - 04:50] Opening Segment Get to know Joe Sanok Joe talks about himself Psychologist in practice and being the best dad ever!   [04:51 - 10:26] The 4 Day Work Week: Thursday is the New Friday How do we view time? Why the 7 Day Week is Just Made Up The 40-Hour Work Week and How We’ve Outgrown It Burned Out and Stressed Out Do not Mean Productivity Working in the office versus working at home Why it is reactionary and not intentionally  Productivity can be taking the time to rest and #hustle Changing Corporate Culture Joe shares steps on how to change corporate culture   [10:27 - 27:06]  Changing and Changes in the W2 Talking with your boss and making a 4 Day Work Week Possible We’re adapting as smart people! Adjusting the 5-Day Work Week  Transcend and include Stepping it Up with New Systems and New Technology   [27:07 - 35:06] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?His starter home (short-term rental) Joe’s worst investmentLending money to friends What is the most important lesson that you've learned in business and investing?“When you say “no” to one thing, you say “yes” to all sorts of other things.” Connect with my guest. See the links below.   Tweetable Quotes: “Now is the post-pandemic generation.  We get to decide how we want to work moving forward.” - Joe Sanok “Being burned out and stressed out is not when we have our best ideas.” - Joe Sanok “We need thinkers that can think creatively.” - Joe Sanok ------------ Connect with Joe Sanok through Instagram and LinkedIn.   Visit their website https://joesanok.com/.   Grab a copy of Thursday is the New Friday.   And listen to the Practice of the Practice Podcast.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

The 4 Day Work Week: Thursday is the New Friday with Joe Sanok

Brian Burke is President / CEO of Praxis Capital Inc, a vertically integrated real estate private equity investment firm.  Brian has acquired over half a billion dollars worth of real estate over a 30-year career including over 3,000 multifamily units and more than 700 single-family homes, with the assistance of proprietary software that he wrote himself. Brian has subdivided land, built homes, and constructed self-storage, but really prefers to reposition existing multifamily properties.  Brian is the author of “The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications” and is a frequent speaker at real estate investment forums and conferences across the country.   [00:01 - 07:37] Opening Segment Get to know Brian Burke Brian shares about himself and his real estate investing Grab a copy of his book, The Hands-Off Investor   [07:38 - 12:28] Understanding through Teaching Understanding more through writing a book Fake news: Pre-existing relationships How you can raise money from people but you cannot advertise   [12:29 - 31:06] $500MM and 31 Years in Real Estate: Lessons for Passive Investors   Why you should get legal advice from your counsel What’s a general solicitation? The best path, biggest risk, and greatest mistake by a passive investor The Grim Reaper: Changes in writing as a result of COVID All you can do is planning for safety The Downside of Financing Too Much It’s Always More Efficient to See Brian talks about yield maintenance and returns   [31:07 - 42:38] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?His most recent sale “You can never go broke making money.” Brian’s worst investmentThe best investment he bought with his education What is the most important lesson that you've learned in business and investing?“You always have to put your investors in first place.” Connect with my guest. See the links below.   Tweetable Quotes: “If I could save one person from making the same mistake my friend did, then writing a 350-page manifesto I had to do this right and it’s probably going to be worth it.” - Brian Burke “All you can do when you’re doing underwriting is planning for safety.  But the real safety comes from financing your property.” - Brian Burke “Discipline is one of the most important things that any buyer can have.” - Brian Burke ------------ Connect with Brian Burke through Twitter, Instagram, and LinkedIn.  Visit their website https://praxcap.com/.    Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.                   

$500MM and 31 Years in Real Estate: Lessons for Passive Investors with Brian Burke

Dolores Hirschmann, ACC, CPCC is an internationally recognized strategist, coach, speaker, TEDx organizer, and author.  She has over 20 years experience in helping clients clarify their core messaging, vision, and market positioning to design the strategies and roadmaps needed to succeed. Utilizing her extensive background in strategic planning, pitch and message design, marketing and communications, executive coaching, event planning, and speaker coaching, Dolores founded Masters in Clarity, a strategy and coaching company where she and her team work with CEOs, founders, thought leaders, speakers, and entrepreneurs by guiding them through the clarity of vision, message, and market strategy to develop the blueprint needed for the next level of growth. Dolores is a member of the International Coach Federation (ICF) and has earned her CPCC credentials from the Coaches Training Institute (CTI). She holds a Business Degree from the Universidad de San Andrés, Buenos Aires, Argentina and has been a remote employee and virtual business owner for over 20 years.  Dolores leads mastermind groups, workshops, and speaks internationally about effective communication and audience engagement. As a former TEDx organizer, Dolores understands how to help experts, authors, consultants, coaches, and doctors position themselves as thought leaders in their field. By infusing a bigger vision into sales presentations, keynotes, and retail marketing communication strategies, clients achieve a higher level of engagement and resonance with their audiences.   [00:01 - 05:55] Opening Segment Get to know Dolores Hirschmann “I wanted to be an actress!”  Dolores shares how she creatively turned her ideas into reality   [05:56 - 11:15] Close More Deals by Clarifying Your Message Dolores talks about cornerstone ideas“You don’t know what you don’t know until you know it!” That ONE Thing and the Lack of Clarity What’s that one thing at the heart of your business?   [11:16 - 23:02]   A puppy is a puppy.  Finding the best copywriter for you  I need help with…   Why the confused mind never buys Ask yourself “What is the one problem?” How to turn your problem into an advantage Why there is no such thing as a bad idea   [23:03 - 29:46] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?The people she brought into her life Dolores’s worst investmentThings that did not grow What is the most important lesson that you've learned in business and investing?“There’s a balance between learning and getting advice and following your intuition.” Connect with my guest. See the links below.   Resources Mentioned: Crucial Conversations If You Give a Mouse a Cookie   Tweetable Quotes: “The core of leadership all comes down to being able to listen and communicate effectively.” - Dolores Hirschmann “The best copywriter for you is your customer.” - Dolores Hirschmann “The good idea is the one you’re going to hustle for.” - Dolores Hirschmann ------------ Connect with Dolores Hirschmann through Instagram and LinkedIn.  Visit their website https://mastersinclarity.com/.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Close More Deals by Clarifying Your Message with Dolores Hirschmann

Through real estate syndication, Aaron helps others passively invest the way wealthy people make and keep their money. Aaron has been involved in RE his whole career. Aaron has over a decade of Real Estate investment experience and is co-Owner of Peoples Capital Group (PCG). Aaron focuses on building relationships with individuals seeking passive returns through NJ real estate and owns over 100 units. Aaron Fragnito has been a guest on over 30 real estate and investment podcasts such as Cash Flow Ninja ep. 488, Joe Fairless's Podcast Best Ever Real Estate Investing Advise ep 2085, Money Tree Investing March 6th, 2020, The Real Estate Syndication Show Ep. 409, and many more. Aaron Fragnito is a Co-Founder of Peoples Capital Group (PCG) which holds a $16M portfolio, host of the New Jersey Real Estate Network, host of the Passive Cash Flow Podcast, a licensed NJ Realtor, and a full-time real estate investor. Aaron has completed over 250 real estate transactions, totaling more than $40,000,000 in Real Estate in his career. Peoples Capital Group (PCG) works with qualified investors to create passive returns through local commercial real estate and short-term rentals. The owners of PCG are experienced in locating discounted apartment buildings for sale in Northern NJ, Southern VT, and implementing a value add strategy to create max returns for their silent investors. [00:01 - 04:30] Opening Segment Get to know Aaron Fragnito Aaron shares about himself and Peoples Capital Group   [04:31 - 13:54] Short Term Rentals vs. Long Term Rentals Real Estate in Northern Jersey Aaron’s short term rentals in 2018 Cashflow and equity: Stupid little cryptocurrencies and scaling up Some things  you should do when investing in short term rentals “At least we know what we’re dealing with… [with] long term rentals.”   [13:55 - 27:56]  Making your Dream Go to Your Pockets Aaron talks about state regulations on short term rentals Passive investors and their role in short term rentals Making people happy 24/7 Structuring their deals  DnD: Determining the Demand The hardest dollar you’ll ever make in real estate Aaron’s advice for you!   [27:57 - 36:42] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?A 2013  investment in New York Aaron’s worst investmentA high-end property with the wrong contractors What is the most important lesson that you've learned in business and investing?“Be fast to fire and slow to hire.” Connect with my guest. See the links below.   Resources Mentioned: AirDNA Rich Dad Poor Dad   Tweetable Quotes: “You just got to  know what you’re doing.” - Aaron Fragnito “If your goals are just to have a good investment, I would go with long term rental properties but diversify, diversify, diversify.” - Aaron Fragnito “Don’t overpay for the property.” - Aaron Fragnito ------------ Connect with Aaron Fragnito through Facebook and LinkedIn.  Visit their website https://www.peoplescapitalgroup.com/.    Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Short Term Rentals vs. Long Term Rentals with Aaron Fragnito

Brock Mogensen has been investing in real estate for about two years. He lives and invests in the Milwaukee, WI market. He holds a masters in Information Systems. Brock works full-time in database marketing while amassing a respectful real estate portfolio through syndication on the side. As a principal at Smart Asset Capital, the firm currently has over $6 Million in assets under management. This portfolio is made up of an 89 unit apartment complex, 20,000 sq ft of retail space, and 18,000 sq ft of office space. He is also a co-host of the largest monthly multifamily meetup in WI, which is the Wisconsin Apartment Investors Meetup.   [00:01 - 10:34] Opening Segment Get to know Brock Mogensen A duplex house hack seemed the right choice Brock shares his real estate beginnings and current real estate journey How you can follow Brock’s footsteps   [10:35 - 24:06] Escaping the Rat Race in 3 Years: Psychology, Mindset, and Strategy What separates Brock’s achievements from others’ achievements The Best Partnerships: How and Why Brock’s Entrepreneurial Spark Investing can be scary, here’s how Brock got over his fear Taking risks to create extraordinary things Experiencing analysis paralysis and being too risky Brock shares about his exploratory adventure How to Build Your Competence and Confidence   [24:07 - 32:01] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?Spending time and money into networking Brock’s worst investmentTheir current office building What is the most important lesson that you've learned in business and investing?“Just really sticking to the numbers.  The numbers never lie.” Connect with my guest. See the links below.   Tweetable Quotes: “Networking is probably the biggest thing there is in real estate.” - Brock Mogensen “To really create anything extraordinary, you have to take risks.” - Brock Mogensen “Don’t just take risks unnecessarily.” - Brock Mogensen ------------ Connect with Brock Mogensen through brock@smartassetcapital.com, Facebook, Instagram, and LinkedIn.  Visit their website https://www.smartassetcapital.com/.   Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                   

Escaping the Rat Race in 3 Years: Psychology, Mindset, and Strategy with Brock Mogensen

Podbean HTML Code snippet:    ------------ Mike is the Asset Manager at Rand Partners where he is responsible for overseeing over $100M assets under management and has acquired over $15M in commercial real estate. Mike collaborates with Rand’s vertically integrated property management team to ensure the execution of the portfolio’s business plan. Mike is actively pursuing new opportunities within the market and developing relationships with investors basis.   [00:01 - 04:26] Opening Segment Get to know Mike Taravella Mike talks about Rand Partners and his experience-filled real estate scaling   [04:27 - 12:59] Insider Look at Asset & Property Management How Rand Works Vertically Integrated Why feedback is like a wave Working together to make the business plan a success every day There is no right or wrong!  Know why you’re still going to fail and still find success Being knowledgeable about your own and others’ spaces “Just take your time.  It’s okay.”   [13:00 - 27:48] Acquiring the Best Team and Products Not knowing what’s selling until it’s closed Putting People First The Best, Buyer, Seller, and Manager You Can Be Preparing and being realistic during physical due diligence How to be confident that a deal is adequately capitalized Mike shares what he thinks about the future of multifamily syndications   [27:49 - 36:27] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?His years of experience in accounting Mike’s worst investmentDay trading What is the most important lesson that you've learned in business and investing?“Commit a hundred percent, all in, in whatever you do.  Don’t give up until you get there.” Connect with my guest. See the links below.   Resources Mentioned: Principles   Tweetable Quotes: “Feedback is like a wave.” - Mike Taravella “You just have to play to your skill sets.” - Mike Taravella “Patience is the key in any wealth creation.” - Mike Taravella “Keep fighting the good fight and success will come to you.” - Mike Taravella ------------ Connect with Mike Taravella through Facebook, Twitter, Instagram, and LinkedIn.  Visit their website https://randcre.com/.    Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                     

Insider Look at Asset & Property Management with Mike Taravella

Senior Living operational excellence has been the focus of Doug's work since 2002. Doug Fullaway was the COO and then the CEO of Vigilan, a leading supplier of software for assisted living, memory care and independent living. Their customers included many of the leading companies like Emeritus, Brightview Senior Living and Capital Senior Living. Vigilan introduced subscription pricing to the senior living market and helped hundreds of senior living communities increase service revenues by $100/resident/month. While working for RealPage after Vigilan was acquired, Doug pushed for the use of call centers to increase tours by over 40% at Brookdale Senior Living and Holiday Retirement. He also developed a business simulation tool that is still used to teach senior living at leading universities. He has been part of the team that acquired poorly running communities and turned them around. He sits on the Board of the Center for Health Administration and Aging Services Excellence (CHAASE) at the University of Wisconsin Eau Claire and the Board for the Veteran's Centers of Oregon. Senior Living is Doug's passion.   [00:01 - 10:04] Opening Segment Get to know Doug Fullaway Fourteen Plus, senior living, and why? “... It pays to spend the time to learn.” How to get started with assisted living facilities   [10:05 - 22:46] Do Well While Doing Good, an Update on Residential Assisted Living The Financial Impact of COVID Doug talks about the misconceptions in assisted living Why you should be careful with your perception “It’s the micro-market that counts.” Soon, COVID will just be like the flu The value of senior living: looking for the need and not the want   [22:47 - 32:29]  Assisted Living Has More Opportunities Doug shares about the vaccination situation in residential assisted living Pricing and designing for accessibility and affordability Assisted living isn’t only for the elderlyDoug talks about his new project     [32:30 - 39:36] Closing Segment Quick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education?His first investment Doug’s worst investmentThe same first investment What is the most important lesson that you've learned in business and investing?“Don’t be afraid to roll up your sleeves and learn the details.” Connect with my guest. See the links below.   Tweetable Quotes: “There’s lots of misinformation.  What you see on the Wallstreet Journal or in the popular press has never matched what’s happened.” - Doug Fullaway “Being alone is not a good idea.  If you’re by yourself, it’s one thing if you’re forty, it’s a completely different manner if you’re 82.” - Doug Fullaway “Until you actually do it, you don’t really know.” - Doug Fullaway ------------ Connect with Doug Fullaway through Twitter and LinkedIn.  Visit their website https://fourteenplus.com/.    Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.  LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.                   

Do Well While Doing Good, an Update on Residential Assisted Living with Doug Fullaway

We will teach you how to build your passive income without buying yourself a second job. We focus on real estate and creative strategies to build passive streams of income.