Truly Passive Income

Why High-Income Professionals Are Investing in Dirt, Not Buildings

Mon, 20 Apr 2026 06:00:00 -0400

Episode Description

Brandon Cobb, CEO of HBG Capital, reveals how he turns raw land into approved housing communities and sells finished lots to national builders like Lennar and D.R. Horton. In this episode, he breaks down the three phases of land development, explains how entitlements force appreciation before construction begins, and shares the seven-figure lessons that reshaped his approach to deal structure, interest reserves, and investor communication. Whether you are an accredited investor seeking passive income through real estate syndication or a builder looking to scale, this conversation delivers actionable insight into one of the most overlooked cash flow strategies in the market.

Time Stamps

[00:00:00] - Introduction

[00:00:30] - From Medical Device Sales to Real Estate Developer

[00:03:18] - The Failed Businesses Before the Breakthrough

[00:05:08] - Why Most Entrepreneurs Start the Wrong Way

[00:06:15] - Three Phases of Land Development Explained

[00:09:00] - How Entitlements Create Massive Value on Raw Land

[00:10:30] - The Hack for Working with City Officials and Planning Directors

[00:12:15] - De-Risking Deals Before Spending Real Money

[00:13:05] - When You Need a Land Use Attorney

[00:14:30] - Why AI Is a Game Changer for New Developers

[00:15:30] - Entry Level Housing and the Supply Demand Imbalance

[00:17:00] - Why Chasing Maximum Density Backfires

[00:18:45] - Designing Lots with the End Buyer and Builder in Mind

[00:20:30] - Seven Figure Losses in 2022 and the Lessons Learned

[00:24:00] - Interest Reserves, Loan Terms, and Negotiating with Lenders

[00:26:00] - Investor Communication When Things Go Wrong

[00:27:30] - Multiple Exit Strategies and the Skinny Dipping Test

[00:29:00] - Book Recommendation: The Untethered Soul

[00:31:30] - How to Connect with Brandon Cobb and HBG Capital

Resources & Social Media:

Book: The Untethered Soul by Michael Singer

Book: The Surrender Experiment by Michael Singer

Book: Tools of Titans by Tim Ferriss

Resource: Learn Land Development Free Course

Resource: HBG Capital Investor Waitlist

Resource: HBG Capital Free Ebook

Connect with Brandon Cobb

Guest: Brandon Cobb, CEO of HBG Capital and Founder of the Land Development Accelerator Website: hbgcapital.net

Facebook: https://www.facebook.com/hbgcapital

Instagram: https://www.instagram.com/hbgcapital

LinkedIn: https://www.linkedin.com/in/hbgcapital/

YouTube: https://www.youtube.com/@hbgcapital662

Follow Us on Social Media

Truly Passive Income website: www.trulypassiveincome.com

Truly Passive Income Twitter: @trulypassive

The $200 Billion Market Most Investors Have Never Heard Of

Sun, 12 Apr 2026 06:00:00 -0400

Dr. Avishkar Sabharwal, founder and CEO of Satya Carbon, breaks down how the carbon credit market actually works and why it matters for passive investors. From voluntary offsets to compliance programs, he explains the massive quality gap between credits trading at $3 and those worth $500 or more. Learn how his platform vets projects using evidence-based due diligence, adds insurance layers for buyer confidence, and plans to launch a fund for principal trading. Whether you own farmland or syndication deals, this episode reveals an emerging asset class most investors have never considered.

Time Stamps

[00:00:00] - Introduction

[00:01:12] - What Are Carbon Credits and How Do They Work

[00:04:30] - Voluntary vs Compliance Markets Explained

[00:07:45] - Why Some Credits Are Worthless and Others Trade at $500

[00:11:20] - Greenwashing and the Fraud Problem in Carbon Markets

[00:14:50] - What Actually Generates a Carbon Credit

[00:18:30] - The Cigar Bar Analogy for Carbon Offsets

[00:21:00] - Political Landscape and Market Stability in 2025

[00:24:15] - How Satya Carbon Vets and Insures Credits

[00:28:00] - Parallels Between Underwriting Real Estate and Carbon Projects

[00:31:30] - How Investors Can Participate and the Future Fund Model

[00:34:45] - Carbon Credit Banking and Supply Demand Dynamics

[00:37:20] - Opportunities for Landowners and Farmers

[00:40:00] - Best Resources to Learn About Carbon Markets

Books & Resources Mentioned

Disclosure: Some links below may be affiliate links. We may earn a commission at no cost to you. As an Amazon Associate I earn from qualifying purchases.

Book: 10x Is Easier Than 2x by Dan Sullivan and Dr. Benjamin Hardy

Resource: NASDAQ Free Carbon Credits Course (five-part series)

Company: Satya Carbon

Contact Avishkar Subharwal

LinkedIn: Avishkar Subharwal

Guest Email: avishkar@satyacarbon.com

Company Website: satyacarbon.com

Follow Us On Social Media

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

ER Doctor Cut Her Shifts in Half (Without Losing Income)

Mon, 06 Apr 2026 06:00:00 -0400

ER physician reveals how she cut shifts from 19 to 8 per month using multifamily real estate — and why conservative underwriting saved her investors when others failed.

In this episode of Truly Passive Income, Neil Henderson and Clint Harris sit down with Dr. Nkem Ezeamama, an ER physician turned real estate syndicator and founder of Phoenix Capital Investments. Dr. Nkem shares how private equity groups cycling through her practice and firing physicians without warning pushed her to build financial security outside medicine, eventually growing a platform serving over one hundred accredited investors.

Time Stamps

[00:00:00] - Introduction

[00:01:12] - Still Working the ER — But on Her Own Terms

[00:02:30] - The Origin Story: Private Equity, Job Cuts, and a Wake-Up Call

[00:05:15] - From Passive Investor to Syndication Operator

[00:07:45] - Sitting on the Sidelines: Why Conservative Underwriting Lost Deals

[00:10:30] - Pouncing on Distress: Loan Assumptions and Buying Below Replacement Cost

[00:13:00] - How the Value-Add Strategy Evolved in a High Interest Rate Market

[00:16:20] - The NOI Multiplier: Why Expense Reduction Is as Powerful as Rent Growth

[00:20:00] - Operational Turnaround Before Renovation — A Smarter Sequencing Strategy

[00:23:10] - Cost Segregation, Bonus Depreciation, and Tax Strategy for High Earners

[00:25:30] - Typical Exit: Five-Year Holds, 1031 Exchanges, and Capital Gains Planning

[00:27:45] - Building Investor Trust Through Radical Transparency

[00:31:00] - What Purpose Really Means — And Why It Is Not One Thing

[00:35:20] - Systems for Managing Dual Careers: Teams, Deep Work, and AI

[00:38:00] - Recommended Reading: Buy Back Your Time and Mindset-First Growth

[00:40:30] - Where to Find Dr. Nkem and Phoenix Capital Investments

Books & Resources Mentioned

Book: Buy Back Your Time by Dan Martell

Book: Who Not How by Dan Sullivan and Benjamin Hardy

Company: Phoenix Capital Investments

Platform: My Expansive Life

Guest Website: www.phcinvest.com

LinkedIn: Dr. Nkem Ezeamama

Social Media: Search Dr. Nkem Ezeamama on any platform

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Infinite Banking and Passive Income Strategies

Mon, 30 Mar 2026 06:00:00 -0400

Chris Miles, founder of Money Ripples and author of Work Optional Blueprint, joins the show to break down why the traditional nest egg approach to retirement is failing most investors. From the flawed 4% rule to the power of alternative investments like syndications, hard money lending, and rental properties, Chris explains how high-income professionals can generate 10% or more annual cash flow on their capital. He also dives deep into max ROI infinite banking, showing how a properly structured whole life policy can serve as a tax-free emergency fund and investment accelerator without locking up your dollars.

Time Stamps

[00:00:00] - Introduction

[00:01:15] - From Sociology Major to Financial Advisor

[00:03:30] - The Wake-Up Call With His Father's Retirement

[00:06:00] - Discovering Real Estate and the Cash Flow Mindset

[00:08:45] - Retiring at 28 and Then Losing It All in the Recession

[00:11:30] - Digging Out of a Million Dollars in Debt

[00:13:00] - The Nest Egg vs. Income Approach to Retirement

[00:16:00] - Why the 4% Rule Is Broken and What Replaced It

[00:19:30] - The $2 Million Trap and Why Your Advisor Won't Tell You the Truth

[00:22:00] - Dave Ramsey's 8% Withdrawal Myth Debunked

[00:24:30] - Inflation Is Eroding Your Savings Faster Than You Think

[00:27:00] - How Money Ripples Helps Investors Build Cash Flow

[00:29:30] - Getting Your Dollar to Do Multiple Jobs at Once

[00:31:00] - What Is Infinite Banking and Why Most People Do It Wrong

[00:35:00] - Max ROI Infinite Banking vs. Traditional Whole Life Policies

[00:39:00] - Step-by-Step Walk Through a $10K Per Year Policy

[00:43:00] - How to Use Your Policy as an Emergency Fund and Investment Tool

[00:46:00] - Book Recommendation: The Richest Man in Babylon

[00:48:00] - Where Dave Ramsey Fits and Where You Should Grow Beyond Him

Books and Resources Mentioned

You can find all of today’s recommendations below. If you purchase through these links, we earn a small commission as an Amazon Associate which helps us keep the show ad-free!

Book: Work Optional Blueprint by Chris Miles

Book: Rich Dad Poor Dad by Robert Kiyosaki

Book: The Richest Man in Babylon by George S. Clason

Reference: The 4% Rule (1926-1976 historical study)

Disclosure: As an Amazon Associate, I earn from qualifying purchases.

Connect with Chris Miles

Guest Website: https://moneyripples.com

Podcast: Money Ripples Podcast (all platforms including YouTube) - https://www.youtube.com/@moneyrippleswithchrismiles

Social Media: @MoneyRipples (all platforms)

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

How High-Income Investors Are Quietly Building Storage Empires

Mon, 23 Mar 2026 06:00:00 -0400

Self-storage investing secrets from a 20-facility veteran operator. Learn how mom-and-pop acquisitions, seller financing, and pro storage units are creating double-digit returns in 2025.

Joe Downs, co-founder of the Bellrose Group, joins Neil and Clint to break down the massive opportunity hiding in fragmented self-storage markets. With 80% of facilities still owned by mom-and-pop operators, Joe reveals how he targets sub-30,000 square foot properties for acquisition using creative seller financing. The conversation covers cap rate shifts since COVID, why trailing 12-month NOI is currently on sale, and how niche verticals like pro storage, boat and RV parking, industrial outdoor storage, and big-box conversions are generating superior cash flow for both active operators and passive investors in syndications.

Takeaways:

The self-storage market presents immense opportunities due to its fragmentation, with 80% owned by mom-and-pop operators.
Creative seller financing strategies can facilitate acquisitions of sub-30,000 square foot self-storage facilities, enhancing returns.
Post-COVID cap rate shifts have made trailing 12-month NOI highly favorable for savvy investors seeking value.
Emerging niches within the self-storage sector, such as pro storage and outdoor vehicle parking, are becoming lucrative investment avenues.
The trend of aging mom-and-pop owners looking to sell their facilities is creating a fertile ground for acquisitions in the industry.
Self-storage investment is accessible and advantageous compared to other real estate sectors, offering lower entry costs and operational complexities.

Links referenced in this episode:

Companies mentioned in this episode:

Bellrose Group
Consumer Financial Protection Bureau
Public Storage
Extra Space
Cube Smart
Scotty Scheffler
Forbes
Storage Moguls

ER Doctor Reveals How Physicians Escape Money Jail to Build Passive Wealth

Mon, 16 Mar 2026 06:00:00 -0400

Dr. Chirag Chaudhari's investing origin story is one that resonates with nearly every high-income professional. He bought a home during residency, lived in it for three years, and when he sold it, the profit exceeded his entire residency salary. That single transaction planted a seed. Over the next decade, every time a bonus check arrived and the family had enough for a down payment, they bought another property - condos, townhomes, small rental homes. Within 12 years, they had five or six properties generating cash flow.

But the classic landlord grind eventually wore thin. Chaudhari found himself wanting the wealth-building benefits of real estate without the active management burden. That tension - loving the asset class but hating the time commitment - is the exact inflection point where many physicians pivot toward passive investing through syndications. Rather than going it alone, Chaudhari accelerated the learning curve by joining masterminds, hiring coaches, and compressing five years of education into roughly one year. Friends and colleagues noticed what he was doing, asked questions, and eventually wanted in. What started as informal conversations turned into a structured capital aggregation model.

What You'll Learn

How an ER physician built a portfolio of 25 syndications across multifamily, land, short-term rentals, oil and gas, and energy while still practicing medicine full time
Why Dr. Chaudhari calls traditional retirement accounts "money jail" and the specific mechanics of taking a 401k loan to invest in syndications without early disbursement penalties
The three ways physicians can offset active W-2 income: the short-term rental tax loophole, real estate professional status through a spouse, and energy investments subsidized by federal credits
How pooling physician capital into a single SPV allows the group to negotiate most favored nation status, higher pref rates, bigger profit splits, and advisory board seats
Why a three-to-four-month due diligence process that includes criminal background checks and independent market analysis protects investor capital at scale
The reason land syndications with no leverage and three-to-five-X equity multiples have become a favorite low-risk play in the current cycle
Why data center infrastructure, alternative energy, and AI-adjacent land may be the next major opportunity for passive investors over the next five to ten years
How the barbell investing mindset - spreading minimums across many deals instead of concentrating in one - creates a safer overall portfolio even if a couple of investments go to zero

Memorable Moments

When discussing the weight of responsibility that comes with deploying other people's capital, Chaudhari offered a perspective that reframes how investors should think about their money:

"We don't think of it as money that we're taking from investors. That is their hopes and dreams. What they do with that at the end of that deal is going to be college education for children. It's going to be the best anniversary vacation ever. Those things are earmarked for a very specific purpose. And we take all of that very, very seriously." - Dr. Chirag Chaudhari

On the non-negotiable standard for transparency with operators:

"If ever anything would stop us from working with someone, it's 'I don't know if I can answer that,' then we're done. There's always an answer. We don't have to like the answer, but there always has to be an answer. And if there's any lack of transparency - giant red flag." - Dr. Chirag Chaudhari

On the importance of having a seat at the table when large amounts of capital are at stake:

"If you're not in the room, you're sort of on the menu. And so we love to be in the room." - Dr. Chirag Chaudhari

On the relationship between emergency medicine and investor advocacy:

"In emergency medicine, you're always trying to advocate for the patient and get the best thing that you can for them. I think that does correlate really well to advocating for your investors." - Dr. Chirag Chaudhari

Resources & Links Mentioned

Disclosure: Some links below may be affiliate links. We may earn a commission at no cost to you. As an Amazon Associate I earn from qualifying purchases.

The Syndication Doctor (Dr. Chirag Chaudhari's website)
The Syndication Doctor email - thesyndicationdoctor@gmail.com
Antifragile by Nassim Nicholas Taleb
Truly Passive Income Passive Investor Toolkit
Nomad Capital (Neil Henderson and Clint Harris's investment firm)

Timestamps

[00:00] - Introduction to Dr. Chirag Chaudhari

[02:18] - From residency home sale to real estate

[04:45] - Active vs. passive ownership for doctors

[07:30] - ER skills that transfer to investing

[10:15] - Building a physician investor community

[13:42] - Due diligence and vetting sponsors

[16:50] - Money jail and rethinking retirement

[20:05] - Depreciation strategies for physicians

[23:30] - Negotiating terms as a capital aggregator

[26:45] - Advisory board positions explained

[29:10] - AI, data centers, and future asset classes

[32:00] - Best resource advice and closing thoughts

About the Guest

Dr. Chirag Chaudhari is a board-certified emergency medicine physician with 24 years of attending experience, currently practicing at a hospital outside Baltimore, Maryland. He is the founder of The Syndication Doctor, a platform that helps physicians and high-net-worth individuals invest passively in real estate and alternative assets. As both a general partner and limited partner in over 20 syndication deals, he has built a physician investor community that aggregates capital to negotiate preferred terms across multifamily, land, short-term rentals, oil and gas, and energy investments.

Website: https://thesyndicationdoctor.com

Email: thesyndicationdoctor@gmail.com

Call to Action

Ready to start building passive income outside of your retirement accounts? Download the free Passive Investor Toolkit at https://trulypassiveincome.com/toolkit/ - it is the same resource we recommend to physicians, executives, and high-income professionals who are evaluating their first syndication investment.

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Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Beyond Multifamily: The Case for Retail and Office Assets

Tue, 10 Mar 2026 06:00:00 -0400

The discussion centers on the compelling argument for passive investors to extend their focus beyond the multifamily sector, particularly highlighting the significant opportunities present in retail and suburban office markets. Ash Patel of Invest Beyond Multifamily elucidates the current state of commercial real estate, revealing that retail vacancy rates are at historic lows, thus indicating a robust demand for retail spaces. Furthermore, he posits that suburban office properties represent an unparalleled buying opportunity, particularly for astute investors willing to capitalize on undervalued assets. The conversation delves into the strategic advantages of conservative deal structures and the merits of value-add investments in these overlooked asset classes. By employing a tactical approach to syndication and understanding market dynamics, investors can enhance their portfolio performance and achieve substantial returns outside the increasingly saturated multifamily landscape.

Takeaways:

The historic low retail vacancy rates indicate a robust demand for retail spaces, contrary to popular belief.
Investors should consider suburban office properties, which present unique buying opportunities at significantly reduced prices.
Shorter hold periods in investment strategies compel sponsors to prioritize accountability and effective decision-making for their investors.
Value-add deals in non-residential sectors, particularly retail and suburban office, can yield substantial returns for passive investors.
The shift in work culture post-COVID has led to a resurgence in suburban office demand, making it an attractive investment area.
Understanding the dynamics of local markets and consumer preferences is crucial for capitalizing on real estate investment opportunities.

Deconstructing the 2026 Economy: Insights from J Scott

Mon, 02 Mar 2026 06:00:00 -0400

The discourse presented by J Scott elucidates a critical examination of the prevailing economic landscape, particularly as it pertains to the intricacies of a "fracturing of our epistemic reality" within the 2026 economy. At the forefront of this analysis is Scott's contentious "Flat Housing" thesis, which posits that single-family home values are likely to experience stagnation rather than a catastrophic decline, remaining static until 2031 as inflation aligns with the historical trend line. This episode delves into the juxtaposition of headline indicators, such as GDP and unemployment rates, which suggest a flourishing economy, against the underlying data that reveals a more precarious situation for investors. Scott further expounds on the deflationary pressures exerted by artificial intelligence on the labor market, and he emphasizes the unique acquisition opportunities present in the multifamily apartment sector amid current market turbulence. Through rigorous examination, this dialogue equips listeners with the analytical frameworks necessary to navigate a complex and often misleading economic narrative.

Takeaways:

The economic landscape is complex, and relying solely on headline data can obscure underlying risks.
Jay Scott predicts a stagnation of single-family home values until 2031, contrary to expectations of a crash.
The rise of AI is creating deflationary pressures on labor, impacting economic stability and investment strategies.
Investors must consider a K-shaped economy, where asset owners thrive while wage earners struggle with increasing costs.
The podcast emphasizes the importance of analyzing multiple data points rather than trusting singular headlines for economic insights.
Current multifamily investment opportunities may present a rare acquisition window due to significant market corrections.

Links referenced in this episode:

jscott.com

Leveraging Military Benefits for Real Estate Success: A Conversation with Stephen Nellis

Mon, 23 Feb 2026 06:00:00 -0400

Stephen Nellis, a family medicine doctor and Army flight surgeon, exemplifies the strategic utilization of military resources to construct a passive real estate portfolio while maintaining his active duty commitments. He skillfully transitioned from conventional stock market investments to a lucrative midterm rental strategy, thereby overcoming the prevalent challenges of analysis paralysis. By employing the Thrift Savings Plan (TSP) and VA loans, Stephen adeptly financed his real estate ventures, specifically targeting high-demand markets in Evansville, Indiana. This episode elucidates the significance of leveraging overlooked military tools and the importance of taking decisive action in the realm of real estate investment. Ultimately, Stephen's narrative serves as a compelling testament to the potential for financial independence, even amidst the rigorous demands of military service. The conversation revolves around the remarkable journey of Dr. Stephen Nellis, an Army flight surgeon who has adeptly navigated the complexities of building a passive real estate portfolio while maintaining his military commitments. Initially entrenched in traditional stock market investments, Dr. Nellis transitioned to real estate by utilizing military-specific financial instruments such as the Thrift Savings Plan (TSP) and Veterans Affairs (VA) loans. He recounts his experience with TSP loans, explaining their strategic use as a means to fund down payments and closing costs for his properties. The episode further elaborates on the evolution of his investment strategy, particularly his shift from short-term rentals to midterm rentals, which cater to high-demand niches including travel healthcare professionals and displaced families. Through his narrative, Dr. Nellis emphasizes the importance of taking action and overcoming analysis paralysis, illustrating how his proactive approach has led to the successful acquisition of multiple cash-flowing properties in Evansville, Indiana. The discussion also touches upon the significance of leveraging one's unique professional background in navigating the real estate market, underscoring the potential for military professionals to utilize overlooked financial tools to build wealth. This episode serves as an insightful resource for those seeking to understand the interplay between military service and real estate investing, offering practical advice and inspiration for aspiring investors.

Takeaways:

Stephen Nellis transitioned from traditional stock market investing to a focused real estate strategy.
Utilizing military-specific financial tools, such as TSP loans, can facilitate real estate investments.
Midterm rentals can provide significant cash flow by catering to high-demand niches like travel healthcare.
Taking decisive action is paramount; overcoming analysis paralysis can lead to successful investments.
The midterm rental model allows for less tenant turnover and stable cash flow compared to short-term rentals.
Investing in residential assisted living through syndication has potential for both profit and community benefit.

Links referenced in this episode:

Harnessing AI for Lead Generation: A Conversation with Coach Carroll

Mon, 16 Feb 2026 06:00:00 -0400

The primary challenge confronting small business owners today lies not in operational inefficiencies but in a profound deficiency of brand presence and top-of-funnel awareness. In our discourse with DJ Carroll, also known as Coach Carroll, we delve into the intricacies of "Signal Optimization" strategies vital for thriving in the contemporary marketplace. DJ elucidates how his innovative AI platform, Alli, transcends conventional chatbots by functioning as an integral team member adept at managing inbound communications and identifying anonymous website visitors. This episode serves as an essential guide for entrepreneurs in various sectors, including insurance and real estate, seeking to harness generative AI to streamline sales operations while maintaining the critical human element of engagement. We urge listeners to eradicate excuses and embrace the "infinite intelligence" available to them, empowering them to outpace their competition. In an era marked by unprecedented connectivity, the podcast underscored the imperative for businesses to amplify their brand presence. DJ Carroll, widely recognized as Coach Carroll, shared his extensive experience as a seasoned entrepreneur and the architect behind Alli, a groundbreaking AI platform designed to assist small business owners in capturing leads and optimizing their marketing strategies. The conversation revealed that many business owners mistakenly perceive operational challenges as the root of their struggles, while the true impediment lies in their lack of visibility within the market. Carroll's insights highlighted the necessity for entrepreneurs to embrace modern marketing techniques and AI innovations, which can facilitate a more efficient and effective outreach to potential clients. The discussion further examined the nuances of transitioning from traditional marketing methods to a more dynamic engagement through AI, illustrating how Ali not only manages customer interactions but also enhances the overall consumer experience. The episode serves as a clarion call for business owners to recognize and seize the opportunities presented by technological advancements, thereby obliterating competition and fostering growth.

Takeaways:

The most significant challenge for small business owners is insufficient brand presence and awareness.
Utilizing AI, such as the platform Alli, can enhance lead capture and ensure no opportunity is missed.
Fostering a strong online brand is crucial in today's competitive business landscape.
To succeed, small businesses must embrace innovative marketing strategies and adopt generative AI technologies.

Links referenced in this episode:

The BRRRR Method Explained: Strategies for Successful Real Estate Investing

Mon, 02 Feb 2026 06:00:00 -0400

Clint Harris and Neil Henderson engage in a profound discourse with Joel Kraut, a distinguished figure in the realm of real estate investing and lending, focusing predominantly on the intricate dynamics of passive income. Central to this enlightening exchange is the exploration of the BRRRR (Buy, Renovate, Rent, Refinance, Repeat) method, alongside a meticulous examination of the evolution of lending practices, which underscores the necessity for preparation and strategy within the landscape of real estate investment. Joel delineates the paramount importance of cultivating relationships in the industry, asserting that such relational capital transcends the mere transactional nature of real estate, proving invaluable across various market cycles. With an emphasis on adaptability and flexibility, he imparts insights drawn from his extensive experience, particularly in navigating the current market challenges, thereby illuminating pathways for sustained success. This episode serves as a clarion call for investors to remain vigilant and prepared, ensuring that they can adeptly respond to the ever-evolving demands of the real estate market. The discourse between Clint Harris and Neil Henderson with Joel Kraut, an esteemed real estate investor and lender, delves into the intricate realm of passive income generation through real estate investments. Joel articulates the pressing relevance of establishing strategic partnerships and the criticality of preparation in the ever-evolving landscape of lending practices. The conversation navigates through the BRRRR method—Buy, Rehab, Rent, Refinance, Repeat—highlighting its efficacy in maximizing cash flow and equity. Moreover, Joel expounds upon the current market challenges, emphasizing the necessity for adaptability and the cultivation of robust relationships within the industry to weather cyclical downturns. Through his extensive experience, he illustrates that the true essence of real estate investment transcends mere property transactions; it is fundamentally about nurturing relationships that propel success across varying economic climates.

Takeaways:

The significance of relationship capital in real estate investing cannot be overstated, as it often proves more valuable than the properties themselves.
Flexibility and adaptability are crucial traits for navigating the ever-changing landscape of real estate investment and lending practices.
Preparation and strategic planning are essential components of successful real estate investment, especially when utilizing methods such as the BRRRR strategy.
The current lending environment is challenging, with fluctuating interest rates and property values necessitating a thoughtful approach to financing.
Investors must be cognizant of their exit strategies and ensure they have multiple options prepared prior to committing to any investment.
The evolution of lending practices reflects a broader trend in the market, emphasizing the importance of understanding both the financial and relational aspects of real estate.

Links referenced in this episode:

brrrr.com

Harnessing AI: Dr. Mark Allen's Journey from Medicine to Innovation

Mon, 26 Jan 2026 06:00:00 -0400

Dr. Mark Allen, a physician who has successfully transitioned into the realm of artificial intelligence entrepreneurship, elucidates the profound potential of AI as a transformative force across diverse domains, particularly in healthcare and real estate. His journey commenced with pioneering AI systems that enhanced clinical decision-making for doctors, ultimately demonstrating that AI can serve as a scalable workforce rather than merely a tool. Currently at the helm of HeroForge.ai, Dr. Allen imparts his expertise to high-income professionals, guiding them in leveraging AI to optimize their business operations and enhance their quality of life. Throughout our discussion, he underscores the necessity of adaptability in this rapidly evolving technological landscape, offering pragmatic strategies for integrating AI into everyday routines. This episode encapsulates the imperative of embracing AI to unlock unprecedented opportunities for personal and professional advancement.

Takeaways:

Dr. Mark Allen illustrates the transformative potential of AI, emphasizing that it serves not merely as a tool but as a scalable workforce, thereby revolutionizing industries such as healthcare and real estate.
Through his venture, HeroForge.ai, Dr. Allen endeavors to educate high-income professionals on harnessing AI's capabilities to enhance their business operations and elevate their personal lives.
The discussion underscores the necessity for individuals and businesses to adapt swiftly to the rapid advancements in AI technology to unlock unprecedented opportunities for growth and efficiency.
Dr. Allen elaborates on his journey from medicine to AI entrepreneurship, highlighting his commitment to making a positive impact on healthcare through innovative software solutions.
Listeners are encouraged to adopt a proactive approach to integrating AI into their daily routines, as this can significantly enhance productivity and decision-making processes across various domains.
The conversation culminates with practical advice on leveraging AI technologies effectively, advocating for continuous learning and adaptation in an ever-evolving technological landscape.

Links referenced in this episode:

Unlocking Time, Wealth, And Purposeful Living With Brian Herriot

Mon, 29 Dec 2025 06:00:00 -0400

Most people chase wealth for decades before realizing what they really want is control of their time. In this episode, Brian Herriot breaks down the mindset and mechanics behind designing life around seasonal work, meaningful rest, and purposeful income. He shares how flexible work, passive incom,e and lifestyle planning can completely redefine financial freedom long before traditional retirement. Press play to learn how to start reclaiming your time today.

Key takeaways to listen for

[06:12] The moment Brian realized time could matter more than full financial independence
[12:26] Why extended rest unlocks emotional clarity, creativity, and long-term focus
[14:12] How pairing flexible income with investment income accelerates freedom
[14:12] What the time freedom formula is and why it changes the traditional retirement model
[19:23] The three money personalities and how they drive financial choices

Resources mentioned in this episode

[15:36] Time Freedom Calculator
[25:05] Write a Must-Read by AJ Harper | Kindle, Paperback, and Hardcover
[32:06] The Psychology of Money by Morgan Housel | Kindle, Paperback, and Hardcover

About Brian Herriot

Brian is a financial advisor, entrepreneur, and author who teaches people how to build lives defined by time freedom, not burnout. After creating multiple income streams and taking a six-month sabbatical in 2023, he developed the Time Freedom Formula, a framework that helps entrepreneurs combine flexible work with investment income to create autonomy long before traditional retirement.

Through his coaching, writing, and upcoming book, Brian helps others understand their money personalities, strengthen their financial foundation, and design work that aligns with the life they want. He now spends summers at a cabin in northern Wisconsin, living the seasonal lifestyle he helps others achieve.

Connect with Brian

Website: Time Freedom
LinkedIn: Brian Herriot

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The Wealth Secrets Doctors Were Never Taught with Tod Stillson

Mon, 22 Dec 2025 06:00:00 -0400

What if a major driver of physician burnout isn’t medicine itself, but the way doctors earn and structure their careers? In this episode, Dr Tod Stillson breaks down why high income rarely becomes real wealth and how micro corporations restore autonomy and tax efficiency. You will learn simple steps physicians can take to protect their time, income, and future. Press play to discover how doctors can build freedom on their own terms.

Key takeaways to listen for

[07:24] Why most physicians lose autonomy and how a micro corporation gives it back
[08:30] The simple structure behind a physician micro corporation and why it changes everything
[09:45] How shifting from an employee mindset to a business owner mindset transforms long-term wealth
[13:12] The S Corp tax advantages doctors overlook but can save thousands each year
[17:41] The hidden reason high-earning doctors still struggle to build real wealth

Resources mentioned in this episode

[35:24] The Go-Giver by Bob Burg and John David Mann | Kindle, Hardcover , and Paperback

About Tod Stillson, MD

Dr Tod is a family physician and entrepreneur with more than 30 years of clinical experience and 15 years operating as an independent contractor. After seeing how often physicians lose autonomy, face burnout, and struggle to build real wealth, he founded the Physician Entrepreneur Academy to teach doctors financial literacy, business strategy, and the power of micro corporations. Through Simply MD, his coaching platform and educational blog, he helps physicians reclaim agency, reduce taxes, and turn their high income into long-term freedom. Today, he mentors doctors across the country on building employment-light careers, creating passive income, and designing a life they love.

Connect with Dr. Tod

Website: SimpliMD
LinkedIn: Dr Tod Stillson
Email: Tod@simplimd.com

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TikTok: @trulypassiveincome

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Risk-Managed Investing And Faster Value Creation With Justin Spillers

Mon, 15 Dec 2025 06:00:00 -0400

Ready to discover how real estate investors protect their capital while still earning strong passive returns? In this episode, Justin Spillers breaks down the strategy behind his preferred equity fund and the system that helped him scale to 600 units with precision and speed. He shares how disciplined underwriting, vertical integration, and tax-advantaged distributions give investors real stability in a shifting market. Press play to learn how this approach creates passive income built to last.

Key takeaways to listen for

[05:01] How Justin jumped from law to 600+ units using a simple, repeatable strategy
[13:24] The clearest breakdown of preferred vs. common equity and why investors should care
[15:06] How SDIRAs can invest in his fund without triggering extra taxes or headaches
[18:24] Why he builds every deal with “protection first, performance second” at the core
[33:00] The vertical integration system that turns units in 7 days and speeds up value creation

Resources mentioned in this episode

[06:50] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[38:40] Alex Hormozi

About Justin Spillers

Justin is a real estate investor and licensed Ohio attorney with a background in business and real estate law. He has advised hundreds of companies, scaled multiple startups to eight-figure assets, and managed more than $30M in real estate holdings. As the co-founder of Real Estate Alpha, Justin oversees a fast-growing multifamily portfolio and leads a preferred equity fund focused on stable, tax-efficient passive income for accredited investors.

Connect with Justin

Follow Us On Social Media

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TikTok: @trulypassiveincome

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How To Turn Investor Leads Into Capital With Lauren Brychell

Mon, 08 Dec 2025 06:00:00 -0400

Drowning in investor leads but still struggling to turn them into real capital? In this episode, capital raiser Lauren Brychell breaks down how to move beyond spreadsheets and random follow-ups to a clear system that nurtures and converts passive investors. You’ll learn how to define your ideal investor, set up CRM and portal basics, and use simple nurture sequences so no serious lead slips through the cracks. Press play to learn how to raise smarter, close more commitments, and keep investors coming back.

Key takeaways to listen for

[05:50] Why most GPs lose investors before the first real conversation even starts
[08:14] How a clear nurture sequence turns cold digital leads into committed investors
[10:03] The first-call strategy that makes you stand out when prospects forget they opted in
[16:21] Why your investor avatar determines your messaging, follow-up, and conversion rates
[27:45] The simple call framework that gets investors talking 80 percent of the time

Resources mentioned in this episode

[21:11] HubSpot
[21:12] InvestNext
[21:27] GoHighLevel
[21:32] SyndicationPro
[22:23] ChatGPT
[22:25] YouTube
[22:47] Google
[22:49] Zapier
[38:06] How to Win Friends & Influence People by Dale Carnegie | Paperback and Hardcover
[38:25] Who Not How by Dan Sullivan and Dr. Benjamin Hardy | Kindle, Paperback, and Hardcover
[38:47] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[38:56] The Science of Scaling by Dr. Benjamin Hardy and Blake Erickson | Kindle, Hardcover, and Mass Market Paperback

About Lauren Brychell

Lauren is a marketing professional turned powerhouse capital raiser who has personally raised over 75 million dollars for real estate investments. As founder of Equity Elevated Consulting, she helps general partners set up the branding, tech stack, and investor communications they need to raise capital and scale. With a background in both marketing and capital raising for a commercial firm, she now focuses on helping GPs clarify their investor avatar, organize their systems, and turn more leads into loyal investors. Lauren is also the author of Beyond the Lead, which introduces her four pillars of the capital attraction framework.

Connect with Lauren

Website: Equity Elevated Consulting
LinkedIn: Lauren Brychell
Book: Beyond the Lead | Kindle, Paperback, and Hardcover

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

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Master Tax-Efficient Wealth and Investor Education with Whitney Elkins-Hutten

Mon, 01 Dec 2025 06:00:00 -0400

Want wealth that lasts, not luck that fades? In this episode, Whitney Elkins-Hutten shows how to protect principal by aligning goals with your timeline and risk tolerance, using cash-flowing debt funds for stability, and keeping liquidity for taxes and capital calls. She also explains estate planning moves that safeguard heirs and why real diversification means understanding the capital stack, not just assets. Press play to learn practical steps you can use today.

Key takeaways to listen for

[04:18] How becoming an “accidental landlord” launched Whitney’s 20-year journey to investor education and financial freedom
[08:34] Why knowing your goals, risk tolerance, and time horizon is more powerful than chasing returns
[11:36] What a “plain-vanilla” debt fund actually does and how it can stabilize your portfolio
[20:59] How to read the capital stack and uncover where risk truly hides in a deal
[26:04] Why every investor needs liquidity rules for capital calls and peace of mind during market swings

Resources mentioned in this episode

[15:40] Rehab Wallet
[38:06] The ONE Thing by Gary Keller andJay Papasan | Kindle, Paperback, and Hardcover

About Whitney Elkins-Hutten, MPH

Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com and the founder of Ash Wealth. An accidental landlord turned educator, she began in 2002 with live-in flips, built a 40-unit single-family portfolio, moved into multifamily, and later became a general partner on multiple assets. A partner in $800M+ of real estate spanning multifamily, self-storage, and car washes, Whitney teaches busy high earners how to build tax-efficient, truly passive income. She’s the author of Money for Tomorrow and can be reached at passiveinvestingwithwhitney.com.

Connect with Whitney

Website: Ash Wealth | PassiveInvesting.com
LinkedIn: Whitney Elkins-Hutten, MPH
Book: Money for Tomorrow | Kindle and Hardcover

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Beyond The White Coat: Building Wealth, Balance, And Legacy with Dr. Yatin Chadha

Mon, 24 Nov 2025 06:00:00 -0400

Can a physician break free from trading time for money? In this episode, radiologist and Beyond MD host Dr. Yatin Chadha reveals how he turned financial curiosity into a strategy for lasting freedom. From smart corporate structures and holding companies to passive real-estate investing and estate planning, he shares how medical professionals can build wealth without burnout. Press play to learn how to align your income, time, and purpose through intentional investing.

Key takeaways to listen for

[04:35] How podcasting became the catalyst for Dr. Yatin’s financial awakening
[10:35] The “wealth formula” every physician should know to build lasting wealth
[13:27] How holding companies protect medical income from real estate risk
[23:01] Why Dr. Yatin shifted from hands-on property ownership to passive investing
[38:37] The corporate tax traps professionals miss and how to structure smarter

Resources mentioned in this episode

[16:35] Brandon Turner | BiggerPockets
[44:33] Seventh Generation legacy by Rachel M Marshall | Kindle, Paperback, and Hardcover
[44:38] What Would the Rockefellers Do? by Garrett B Gunderson and Michael G Isom | Paperback and Hardcover
[56:46] Die With Zero by Bill Perkins | Kindle, Paperback, and Hardcover

About Yatin Chadha, MD

Dr. Yatin is a Toronto-based radiologist and host of the Beyond MD podcast, where he helps physicians and high-income professionals build financial literacy and confidence in real estate investing. Driven by a passion for education and balance, he shares practical insights on corporate structures, tax strategy, and wealth creation tailored to medical professionals. Through his work, Yatin empowers clinicians to achieve financial freedom, reduce burnout, and align their money with purpose and well-being.

Connect with Dr. Yatin

Website: beyond MD
Podcast: beyond MD with Dr. Yatin Chadha - Podcast
LinkedIn: Yatin Chadha, MD

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YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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How to Exit Active Ownership: 1031, DST, 721 Strategy with Michael O’Shea

Mon, 17 Nov 2025 06:00:00 -0400

Ready to stop managing headaches and keep more of your gains? In this episode, Michael O’Shea breaks down how seasoned investors pair 1031 exchanges with Delaware Statutory Trusts and then use a 721 roll-up to diversify, generate income, and add optional liquidity. He also exposes where DST fees hide and how data tools helped time the multifamily cycle. Press play to learn the smarter path from hands-on landlord to truly passive investor.

Key takeaways to listen for

[05:05] The two tax-code words that can change everything: “permanent exclusion”
[10:14] The simple move that lets you “exchange out” of management but keep the income
[14:56] How a 721 roll-up turns an illiquid asset into one with quarterly liquidity
[16:17] The hidden DST fees most investors overlook and how Origin stripped them out
[19:04] How machine learning helps predict rent growth with 95% accuracy

Resources mentioned in this episode

[36:02] Traction by Gino Wickman | Kindle, Paperback, and Hardcover
[37:00] The AI Edge by Jeb Blount and Anthony Iannarino | Kindle and Hardcover

About Michael O’Shea, CFA

Michael is the Director and Head of Private Wealth Solutions at Origin Investments, where he leads capital-raising initiatives, oversees sales strategy, and builds partnerships with Registered Investment Advisors to expand Origin’s investment platform. With more than 18 years of experience in real estate and capital markets, he has helped syndicate over $10 billion in commercial real estate investments, including $500 million in 1031 exchanges. Michael holds an MBA in Finance and Real Estate Investment from DePaul University, graduating summa cum laude, and is a CFA® charterholder. He lives in Elmhurst, Illinois, with his wife Lauren and their three children.

Connect with Michael

Follow Us On Social Media

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TikTok: @trulypassiveincome

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How To Profit From The RV Park Boom With John Cascarano

Mon, 10 Nov 2025 06:00:00 -0400

RV parks are turning into one of the smartest plays in real estate. In this episode, attorney-turned-operator John Cascarano shares how this niche delivers consistent cash flow, strong returns, and major tax advantages. He breaks down what really drives profit, from operations to depreciation. Listen now to see why investors are jumping into RV parks before the big players move in.

Key takeaways to listen for

[03:09] How John Cascarano went from law to leading a nationwide RV park portfolio
[06:02] Why RV parks attract retirees, workers, and full-time travelers alike
[10:20] The two demand curves that keep revenue steady year-round
[16:11] Why good WiFi and clean bathrooms can make or break profits
[22:21] The hidden risks that make building new RV parks so tough
[34:08] How investors get paid through refis and long-term equity growth

Resources mentioned in this episode

The Road Less Stupid by Keith J. Cunningham | Kindle and Hardcover

About John Cascarano

John is an attorney, entrepreneur, and founder of Blue Metric Group, a firm that acquires and optimizes RV parks across the United States. Before entering real estate, John practiced commercial real estate law at an AmLaw 100 firm and later founded and led several successful companies as both CEO and counsel. A graduate of Duke University with a JD from the University of Michigan Law School, he brings a sharp legal and business perspective to every deal. John is a member of the State Bars of Tennessee and Georgia and is passionate about building scalable, community-driven investments in the outdoor hospitality space.

Connect with John

Website: Blue Metric Group
LinkedIn: John Cascarano
Email: john@bluemetricgroup.com | support@bluemetricgroup.com

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TikTok: @trulypassiveincome

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Maximize Your Returns With The Big Beautiful Bill Tax Breaks

Mon, 03 Nov 2025 06:00:00 -0400

What if the secret to building wealth was hidden in the tax code? In this episode, we’ll reveal how the “Big, Beautiful Bill” unlocks powerful new incentives for investors. From home upgrades to commercial energy credits and bonus depreciation, these updates could change how you grow your wealth. Listen now to learn how to turn tax rules into real returns.

Key takeaways to listen for

[01:16] What the “Big, Beautiful Bill” really means for investors
[06:19] Why energy-efficient home upgrades are a hidden opportunity
[10:55] How to capture massive commercial property deductions
[16:01] Why bonus depreciation changes deal math overnight
[20:15] What every investor should do next

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Everything you need to get started in passive investing - Download Here

Long-Term Wealth And Tax-Free Growth Strategies With Ashley Tison

Mon, 27 Oct 2025 06:00:00 -0400

What if your next tax bill could become your next investment? In this episode, Attorney and OZ expert Ashley Tison explains how Qualified Opportunity Zones turn capital gains into long-term, tax-free wealth. Learn the key deadlines and strategies that set smart investors apart. Tune in to see how this little-known tax tool could reshape your wealth strategy.

Key takeaways to listen for

[05:31]What a Qualified Opportunity Zone really is and why Congress created it
[05:31]The three major OZ benefits every investor should know
[08:16]How Qualified Opportunity Zones solve failed 1031 exchanges
[24:42]The critical 180-day rule and how to avoid costly mistakes
[28:25]Why the smartest investors are ditching IRR for long-term plays

Resources mentioned in this episode

[37:00] Novogradac 2025 Opportunity Zones Summit

[37:00] Join Ashley Tison at the Novogradac Opportunity Zones Conference on December 4 in Las Vegas, where he’ll speak on audit strategies and the OZ 1.0 to 2.0 transition. Listeners of Truly Passive Income can get 10% off with code OZPROS10% at checkout. Visit ozpros.com/podcast to learn more and claim your free month in the OZ Pros Mastermind.

About Ashley Tison

Ashley Tison, Esq. is the founder of OZPros, the leading Opportunity Zone consultancy. A leading consultant and attorney on Opportunity Zones, tax advantaged structures and investing strategies, Ashley has advised over 500 commercial property investors, family offices, investment advisors and high net worth individuals on how to how to best maximize their tax savings in real estate investments, how to maximize the positive community impact of their projects, selecting an optimal investment strategy, and properly navigating the applicable regulations. Ashley is an engaging and enthusiastic speaker and / or guest covering topics such as opportunity zones, tax advantaged alternative investments, real estate, and tax planning for leading national conferences and educational seminars.

Connect with Ashley

Website: OZPros
Email: Ashley@ozpros.com

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YouTube: Truly Passive Income

TikTok: @trulypassiveincome

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From Debt Free To Financially Free with Dr. Jeff Anzalone

Mon, 20 Oct 2025 06:00:00 -0400

What if one accident could erase everything you’ve worked for? In this episode, Dr. Jeff Anzalone reveals how a career-ending injury became the catalyst for lasting financial freedom. He shares the mindset shift that turned fear into opportunity and built true passive income. Listen now to discover how one life-changing moment can redefine your path to wealth and independence.

Key takeaways to listen for

Why an injury can expose the risk of relying on a single active income stream
The key mindset shift between being debt-free and being financially free
How Dr. Jeff lost $50,000 on a crowdfunding deal and what he learned from it
Why the operator matters more than the projected returns
How setting clear goals helps you choose the right operator, asset class, and deal

Resources mentioned in this episode

Who Not How by Dan Sullivan and Dr. Benjamin Hardy | Kindle, Hardcover, and Paperback
Financial Peace by Dave Ramsey | Hardcover and Paperback
Rich Dad's Cashflow Quadrant by Robert T. Kiyosaki | Kindle and Paperback
The Hands-Off Investor by Brian Burke | Kindle and Paperback

About Dr Jeff Anzalone

Dr. Jeff is a Louisiana-based periodontist, real estate investor, and founder of DebtFreeDoctor.com, a financial education platform for doctors and high-income professionals. After a skiing accident nearly ended his clinical career, Jeff realized that being debt-free is not the same as being financially free. Determined to protect his family’s future, he began building multiple streams of passive income through real estate syndications and other cash-flowing assets. Today, he helps medical and dental professionals replace active income, reduce tax burdens, and achieve financial independence so they can stop trading time for money and start living life on their own terms.

Connect with Dr. Jeff

Website: Debt-Free Doctor
YouTube: Debt Free Doctor

Follow Us On Social Media

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Macro Trends, Tax Hacks, and Infinite Banking with Dr. Buck Joffrey

Mon, 13 Oct 2025 06:00:00 -0400

How does a neurosurgeon become a billion-dollar syndicator? In this episode, Dr. Buck Joffrey shares his journey from the operating room to building a multi-billion real estate portfolio. Tune in as he breaks down why he treats investments like a business, the power of cost segregation and bonus depreciation, infinite banking strategies, and his macro outlook on interest rates, inflation, and the dollar.

Key takeaways to listen for

A way to build medical practices like businesses
How to evaluate value-add multifamily and create defensible NOI growth
Why bonus depreciation often beats 1031 exchanges for tax savings
Everything you need to know about infinite banking
What is meant by macro outlook, and why now is the time to buy assets

Resources mentioned in this episode

7 Secrets of Eternal Wealth by Buck Joffrey MD | Kindle and Paperback
Rich Dad's Cashflow Quadrant by Robert T. Kiyosaki | Hardcover and Paperback

Explore Wealth Formula Banking and learn infinite banking strategies to grow and protect your wealth. Check out the Wealth Formula Podcast and investor resources at https://www.wealthformula.com/.

About Dr. Buck Joffrey

Matthew D. Sanchez is the Broker/Owner of MarketPlace Realty, LLC in Denver, Colorado, with over 30 years of real estate experience. Since founding the firm in 1992, he has led it to become a trusted name in residential, commercial, and land transactions across the Denver metro area. Known for his market expertise and client-first approach, Sanchez has built a reputation for integrity and consistent results. Beyond real estate, he’s actively involved in community development, reflecting his commitment to both professional excellence and local impact.

Connect with Dr. Buck

Website: Wealth Formula
Podcast: Wealth Formula Podcast | Apple Podcasts and Spotify

Longevity Roadmap Podcast | Apple Podcasts and Spotify

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Download Our FREE Passive Investor Toolkit

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Physician Loans, STR Tax Plays, and Why Invest in Dubai with Dr. Gloria Esoimeme

Mon, 06 Oct 2025 06:00:00 -0400

Internal medicine physician and negotiation coach Dr. Gloria Esoimeme shares how she bought her first home, slashed her taxes, and, after relocating, built a new playbook focused on U.S. long-term rentals and active investments in Dubai. You’ll hear how she evaluates worst-case scenarios, what most doctors miss about physician mortgages, and the on-the-ground realities of buying “off-plan” in the UAE, so better tune in!

Key takeaways to listen for

[10:32] The best window to use a physician mortgage
[15:32] Short-term rentals for depreciation, not cash flow
[23:04] Why STR hours differ from 750-hour REPS
[26:04] U.S. long-term rentals + active deals in Dubai without a W-2
[29:42] Dubai basics that investors should know and remember

Resources mentioned in this episode

[41:13] How to Win Friends and Influence People by Dale Carnegie | Paperback, Hardcover, and Kindle
[41:13] YouVersion Bible App

About Dr. Gloria Esoimeme

Dr. Gloria Esoimeme is a physician and researcher with expertise in clinical medicine and public health. She has contributed to peer-reviewed publications and is passionate about advancing healthcare access, quality, and education. With a strong commitment to community health initiatives, Dr. Esoimeme focuses on bridging the gap between research and practice to improve patient outcomes and empower future healthcare leaders.

Connect with Dr. Gloria

Podcast: Negotiation Secrets With Dr Gloria Esoimeme | Apple Podcasts
Facebook: DrGloria Esoimeme
Instagram: @gloriaesoimeme
LinkedIn: Dr Gloria Esoimeme

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Engineering an “Unboring” Investment Portfolio with Tad Fallows

Mon, 29 Sep 2025 06:00:00 -0400

Tad Fallows lays out how sophisticated LPs actually build resilience. Start with human networks, target low-correlation, equity-like returns, and never forget the unsexy stuff. Dial in as we cover private-market due diligence, when a wealth manager does (and doesn’t) add value, raising grounded kids around wealth, and how to apply the “holy grail” of diversification without turning your portfolio into a museum of asset classes.

Key takeaways to listen for

[10:42] The most overlooked risk tool for affluent families
[18:43] Low correlation to public markets with equity-like returns
[23:59] Why you should diversify by operating exposure
[27:22] Wealth manager vs. DIY: similarities and the edge
[34:17] How to raise grounded kids with wealth

Resources mentioned in this episode

[50:08] Raised Healthy, Wealthy & Wise by Coventry Edwards-Pitt | Kindle and Paperback
[50:08] Albion’s Seed by David Hackett Fischer | Kindle, Paperback, and Hardcover

[16:32] Apply to Long Angle, the trusted community for navigating wealth. Access member research, benchmarking reports, and curated investment opportunities while connecting with high-net-worth peers for authentic insights and relationships. Start your application at longangle.com.

About Tad Fallows

Tad Fallows is the Co-Founder and Managing Director of Long Angle, a private community for financially independent individuals and families. Long Angle provides a trusted space for members to connect, share insights, and learn from each other on topics ranging from investing and tax strategies to philanthropy, family governance, and personal fulfillment. Tad’s background includes building and leading businesses in the technology and financial sectors, with a focus on creating platforms that foster collaboration and knowledge sharing among high-net-worth families.

Connect with Tad

Website: Long Angle
LinkedIn: Tad Fallows | Long Angle

Follow Us On Social Media

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Why Healthcare Pros Are Turning to Passive Real Estate with Savannah Arroyo

Mon, 22 Sep 2025 06:00:00 -0400

Former nurse leader Savannah Arroyo reveals how she jumped from running orthopedic practices to running multimillion-dollar real estate syndications, while raising two kids. Hear how COVID lit the fuse, why she structures 506(b) deals to include non-accredited nurses, the conservative playbook behind multiple full-cycle wins, and her assisted-living thesis that fuses clinical insight with cash-flowing operations. So, better tune in now!

Key takeaways to listen for

[03:47] The moment Savannah pivoted from hospital leadership to building multiple income streams
[06:35] Why she launched Net Worth Nurse during COVID to fix the financial literacy gap in healthcare
[15:46] Why Savannah raises are 506(b) so unaccredited nurses can participate
[28:40] A full-cycle case study: 24-unit Oregon turnaround
[33:12] Fixed-debt rule that protected LPs when rates spiked

Resources mentioned in this episode

[18:55] Passive Profits by Savannah Arroyo | Kindle and Paperback
[41:49] Think and Grow Rich by Napoleon Hill | Kindle, Paperback, and Hardcover
[41:49] Flow by Mihaly Csikszentmihalyi| Paperback

About Savannah Arroyo

Savannah Arroyo, known as the Networth Nurse, is a former healthcare administrator turned real estate investor and the founder of Willow Investment Group. She built a multimillion-dollar real estate portfolio while working full-time and raising two young children, proving that financial freedom is possible without quitting your job. Savannah specializes in syndications and has led investments in multifamily and assisted living assets across multiple markets. Through Networth Nurse, she empowers medical professionals and busy working parents to grow generational wealth through passive investing, education, and mindset transformation.

Connect with Savannah

Website: Networth Nurse | Willow Investment Group
Instagram: @networthnurse
LinkedIn: Savannah Arroyo, MSN, RN
YouTube: Networth Nurse

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Download Our FREE Passive Investor Toolkit

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The Ultimate Playbook for Safer Passive Deals with Pascal Wagner

Mon, 15 Sep 2025 06:00:00 -0400

Tech founder turned LP, Pascal Wagner, breaks down a no-nonsense framework for evaluating sponsors, reading loan tapes, and building an LP pipeline that actually compounds. From “business-casual” relationship building on LinkedIn to why transparency beats glossy decks, he shows physicians and busy pros how to underwrite people first, structure cash reserves, and avoid shiny-object mistakes. So, better tune in!

Key takeaways to listen for

[05:40] Why relationships beat ads for sourcing deals
[13:40] The transparency test that reveals red flags instantly
[20:55] How to skim a loan tape to spot risk fast
[33:19] Must-have diligence docs every operator should share
[44:18] Portfolio guardrails to cap per-deal exposure

Resources mentioned in this episode

[03:30] Techstars
[05:40] Gobundance
[24:10] DLP Capital
[46:52] The Hands-Off Investor by Brian Burke | Paperback and Kindle

[48:15] Get Pascal’s Passive Investing Starter Kit, a free LP toolkit at growyourcashflow.io. Designed for high-income professionals, it shows you how to turn a volatile stock portfolio into predictable cash flow with the right education, systems, and investments. Start building six figures in passive income today!

About Pascal Wagner

Pascal Wagner is a Techstars-backed entrepreneur, a limited partner in real estate, and the founder of Grow Your Cash Flow. He created the Passive Investing Starter Kit to help busy professionals confidently evaluate syndication deals and sponsors, analyze debt structures, and build a consistent pipeline of passive investments. Pascal hosts the Best Ever Passive Income Playbook, where he interviews top LPs and GPs to uncover strategies for building long-term wealth. With a background in tech startups and a data-driven approach to investing, he empowers others to achieve financial freedom without sacrificing their time.

Connect with Pascal

Website: Grow Your Cashflow
Podcast: The Passive Income Playbook | Apple Podcasts and Spotify
Instagram: @pascalwagner
LinkedIn: Pascal Wagner
YouTube: The Grow Your Cashflow Podcast

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YouTube: Truly Passive Income

TikTok: @trulypassiveincome

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The Physician Investor Playbook: Thrift, Index Funds & Simple Rules with Dr. Robert Doroghazi

Mon, 08 Sep 2025 06:00:00 -0400

Complex rarely wins. Dr. Robert Doroghazi breaks down he simple rules he swears by, the savings target most doctors miss, why boring often beats stock picking, and the relationship move that multiplies wealth. Hear the traps smart people still fall into and how to sidestep them effectively.

Key takeaways to listen for

[07:40] The three money traps doctors fall into
[15:18] Why you must invest only in what you truly understand
[20:14] How to control the controllables: fees and taxes
[29:04] What his Physician Investor Newsletter actually teaches
[32:20] Proof from The Millionaire Next Door on frugality

Resources mentioned in this episode

[04:01] The Physician’s Guide to Investing by Robert M. Doroghazi | Paperback and Hardcover
[32:20] The Millionaire Next Door by Thomas J. Stanley and William D. Danko | Kindle, Paperback, and Hardcover
[33:32] The Richest Man in Babylon by George S. Clason | Kindle and Paperback

[29:04] The Physician Investor Newsletter by Dr. Robert Doroghazi has been helping physicians achieve financial security since 2006. Get your free three-month trial (new subscribers only) at https://thephysicianinvestornewsletter.com/

About Dr. Robert Doroghazi

Dr. Robert M. Doroghazi is a retired cardiologist and the author of The Physician’s Guide to Investing: A Practical Approach to Building Wealth. Drawing from personal experience and financial discipline, he built a substantial investment portfolio that allowed him to retire at age 54. Known for his direct, no-nonsense approach, Dr. Doroghazi advocates for living below your means, saving aggressively, and investing in low-cost index funds. In addition to writing, he publishes The Physician Investor Newsletter, offering financial guidance to fellow physicians and professionals aiming to achieve financial independence.

Connect with Dr. Robert

Website: The Physician Investor Newsletter
LinkedIn: Robert Doroghazi, MD

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

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Building A Multi-million Dollar Portfolio Without Using Money From Your Pocket With Dr. Benjamin Maciel

Mon, 01 Sep 2025 06:00:00 -0400

If you want to build a multi-million-dollar real estate portfolio without using your own money, this episode is for you! Dr. Benjamin Maciel shares how he leveraged business credit to scale to 31 units while still practicing medicine. Tune in to learn how to break free from burnout and leverage credit to invest in profitable deals.

Key takeaways to listen for

[07:34] A savvy strategy to tap into business credit
[13:26] Why business credit is your secret weapon
[16:28] Expert tips on how to escape burnout
[33:38] How to protect cash flow using business credit
[36:19] The crucial steps to follow in achieving financial freedom

Resources mentioned in this episode

[34:53] PropStream
[34:55] DealMachine
[44:15] Release Your Brakes! by Jim W Newman | Hardcover, Paperback, and Mass Market Paperback

About Dr. Benjamin Maciel

Dr. Benjamin Maciel is a Medical Doctor by profession and a passionate Real Estate Broker and Investor. His journey started in the rigorous environment of medical school, where he not only earned his medical degree but also built a successful real estate portfolio with over 30 rental units. Now, Dr. Maciel is dedicated to sharing his expertise with healthcare professionals, guiding them toward financial freedom and stability through real estate investing.

Connect with Dr. Benjamin

Website: BenjaminMaciel MD
Instagram: @benjaminmaciel_md

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Powerful Real Estate Strategy After a Major Fall with Mike Morawski

Mon, 25 Aug 2025 06:00:00 -0400

What if losing everything was the start of your real estate comeback? Mike Morawski reveals how he built a $100M portfolio, went to prison, and came back stronger as a coach, author, and investor. This is a story of hard lessons, second chances, and smarter investing. Don’t miss the mindset behind the rebuild.

Key takeaways to listen for

[08:35] How failure became Mike’s greatest teacher in real estate
[11:31] Why an unconventional approach to multifamily real estate works
[17:07] An efficient way to turn challenges into valuable coaching tools
[28:02] Mike’s philosophy on bouncing back after a fall
[34:05] Important advice on what mistakes to avoid in multifamily investing

Resources mentioned in this episode

[41:04] Winning by Tim S. Grover | Kindle, Hardcover, and Paperback

Discover the secrets to building wealth through multifamily real estate with minimal risk. Get your copy of Multifamily Investment Secrets by Mike Morawski at https://multifamilyinvestmentsecrets.com/ and start growing a profitable portfolio today.

About Mike Morawski

Mike Morawski is a seasoned real estate investor, coach, and author who transformed his life from building a $100 million real estate firm to serving time in federal prison. After overcoming significant personal and professional challenges, Mike made a remarkable comeback by turning his mistakes into valuable lessons. Now, as a multifamily real estate expert, he uses his experiences to help others succeed, teaching them how to navigate adversity, avoid costly mistakes, and build wealth in the real estate industry. He is committed to helping others thrive through resilience, strategic investing, and a mindset of growth.

Connect with Mike

Website: Mike Morawski
Podcasts: Multi-Family Unplugged

Insider Secrets Podcast | Apple Podcasts and Spotify

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YouTube: Truly Passive Income

TikTok: @trulypassiveincome

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How to Make Your Real Estate Empire Using Residential Assisted Living with Dr. Alex Schloe

Mon, 18 Aug 2025 06:00:00 -0400

Discover how Dr. Alex Schloe went from physician to financially free by mastering residential assisted living. Learn how real estate can help physicians diversify income, scale wealth, and fight burnout, giving you the freedom to live life on your terms. Listen now and start transforming your financial future today!

Key takeaways to listen for

[06:55] The key to diversifying income as a busy physician.
[08:26] Scaling real estate investments while maintaining a medical career.
[13:45] Why physicians should consider residential assisted living as a side investment.
[16:30] What it takes to succeed in residential assisted living as an investor.
[24:12] How to get started with residential assisted living and build a legacy.

Resources mentioned in this episode

[40:35] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[40:44] The White Coat Investor by James M Dahle MD | Kindle and Paperback

Ready to invest or launch your own Residential Assisted Living home? With demand soaring, now’s the time to secure your financial future and make a lasting impact. Start today with our FREE 10-Step Guide at https://theralroom.com/assisted-living-guide/

About Dr. Alex Schloe

Dr. Alex Schloe is the founder of Physicians and Properties and a family medicine physician currently serving in the United States Air Force in Colorado Springs. In addition to his medical career, he is an active real estate investor, specializing in assisted living homes, long-term, and short-term rentals. Dr. Schloe also practices house hacking, living mortgage-free by utilizing his basement in Colorado Springs. Having experienced the burnout that many physicians face, he is passionate about showing others how real estate investing can lead to financial freedom, allowing them to thrive both professionally and personally.

Connect with Dr. Alex

Website: Physicians and Properties | The RAL Room
Podcasts: Physicians and Properties | Apple Podcasts and Spotify

The RAL Room Assisted Living Podcast | Apple Podcasts and Spotify

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

The Financial Playbook for Nurses Who Want More Than Survival with Camille Scott Wiles, RN

Mon, 11 Aug 2025 06:00:00 -0400

Camille Scott Wiles, RN, went from ICU nurse to financial freedom by mastering gold, silver, and strategic insurance. In this episode, she shares how to build lasting wealth and retire on your terms, not by default. Hit play to learn how to recession-proof your money and design your rich life today.

Key takeaways to listen for

[08:01] Why the 2008 crash ignited her mission to master wealth cycles
[11:42] How life insurance and precious metals helped her retire at 41
[16:57] The physical gold and silver strategies most investors miss
[24:18] Scaling a collectibles strategy without going coin by coin
[39:11] Building Generational wealth using the Million Dollar Baby policy

Resources mentioned in this episode

[30:29] APMEX
[30:36] JM Bullion
[30:37] SD Bullion
[42:32] The Great Gold & Silver Rush of the 21st Century by Michael Maloney | Kindle and Paperback

Ready to stop surviving and start building lasting wealth? The Golden Exit shows you how to protect your wealth, invest through crisis, and build lasting freedom. Grab your copy at https://payhip.com/PreciousMetalsMasterclass/collection/all

Want to safeguard your wealth and retire on your terms? Join the Precious Metals Masterclass and discover how to protect your assets from market chaos and build a retirement by design, not default. Watch the FREE webinar at https://preciousmetalsmasterclass.com/

About Camille Scott Wiles, RN

Camille Scott Wiles is a former ICU nurse turned global wealth strategist who helps families break generational financial trauma and build lasting legacies. Through her expertise in precious metals, annuities, and life insurance, she teaches others how to recession-proof their wealth and retire with purpose. Now financially free and internationally based, Camille empowers professionals to design a life of freedom on their own terms.

Connect with Camille

Website: Precious Metals Masterclass | Camille Scott Wiles

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

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Sure Fire Plan To Financial Independence For Doctors With Dr. Tom Burns

Mon, 04 Aug 2025 06:00:00 -0400

What if being a top surgeon didn’t guarantee freedom or happiness? Dr. Tom Burns discovered real wealth the hard way. He shares how passive income helped him reclaim his time, build a $500M portfolio, and live life on his terms. Tune in to unlock the mindset, moves, and mission behind his escape from burnout to true freedom.

Key takeaways to listen for

[07:22] The moment Dr. Burns realized wealth alone wouldn’t buy happiness
[12:27] Why slow, scary starts beat waiting for perfect timing
[16:39] How a little passive income can unlock massive life choices
[25:37] Lessons from investing through three market downturns
[34:44] What real freedom looks like and why fun is a serious goal

Resources mentioned in this episode

[20:53] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[39:57] The Gap and The Gain by Dan Sullivan and Dr. Benjamin Hardy | Kindle, Hardcover, and Paperback

Break free from the golden handcuffs. #1 Best Selling Book “Why Doctors Don’t Get Rich” reveals how you can take control of your time, build true wealth, and create lasting freedom through passive income investing. Grab your copy at https://amzn.to/44ugmIH

Ready to design your freedom? Download the Rich.Life Toolkit today and start building the wealth, connections, and confidence to live life on your terms. Get it here at https://richdoctor.com/

About Dr. Tom Burns

Dr. Tom Burns is an orthopedic surgeon, real estate investor, and founder of Rich.Life. After completing his medical training at the University of Texas and Southwestern Medical School, followed by a sports medicine fellowship in Vail, he served as a U.S. Ski Team physician since 1990. Early in his career, Tom recognized the limitations of W-2 income and turned to real estate to build lasting wealth and freedom. From humble beginnings with a student condo investment, he scaled to co-develop a 155,000 sq. ft. medical complex and later co-founded a real estate firm with over $650M in transactions. Today, through Carbon Real Estate Investments, Tom focuses on creating cash flow and appreciation via multifamily housing, empowering families and investors alike to live richer, more independent lives.

Connect with Dr. Tom

Website: RichDoctor.com
Email: Hello@RichDoctor.Com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Building Wealth Beyond the White Coat with Dr. Param Baladandapani

Mon, 28 Jul 2025 06:00:00 -0400

Burned out but still "successful"? Dr. Param Baladandapani was too, until she walked away from medicine to build a life on her terms. Learn how real estate, mindset shifts, and daily discipline paved her path to freedom, and how this episode could spark the shift you've been craving.

Key takeaways to listen for

[01:51] Personal reasons behind Dr. Param’s decision to leave medicine
[06:32] Why real estate is the perfect escape hatch for busy professionals
[15:06] How inner work unlocked outer wealth (and the mindset shift that did it)
[16:34] The red and green flags passive investors should never ignore
[32:42] Dr. Param’s advice for high achievers who secretly feel stuck

Resources mentioned in this episode

[06:34] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[18:12] Houston Housing Authority
[31:43] Tax-Free Wealth by Wheelwright Tom | Kindle and Paperback
[32:03] The Holy Grail of Investing by Tony Robbins | Kindle, Hardcover, and Paperback

Want to retire decades earlier than planned? Discover how Dr. Param Baladandapani went from burnout to Financial Freedom at 41 and how you can, too, with her FREE eBook. Grab yours at https://www.generationalwealthmd.com/free-ebook

Ready to fast-track your financial freedom? Discover how passive real estate investing can help you live life and practice medicine on your terms. Unlock the life-changing secrets of real estate syndications. Grab your FREE guide now! only at https://gwcapital.com/guide

About Dr. Param Baladandapani

Dr. Param Baladandapani is a Southern California-based radiologist who achieved financial independence at 41 while working full-time and raising two young children. She built a multimillion-dollar real estate portfolio and founded Generational Wealth MD, a community helping high-income professionals fast-track financial freedom through strategic real estate investing. With experience in long- and short-term rentals, multifamily, and development projects totaling over $70 million in assets under management, her coaching program has helped physicians acquire over $100 million in real estate and live with greater purpose and freedom.

Connect with Dr. Param

Website: Generational Wealth MD | GWCapital
Podcast: Generational Wealth MD | Apple Podcasts and Spotify

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

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Why People Want To Give Up A 6-Figure Pay For Real Estate Wealth With Dr. Jason Balara

Mon, 21 Jul 2025 06:00:00 -0400

What drives a successful veterinary surgeon to walk away from the operating table and dive into real estate? In this episode, Dr. Jason Balara shares the surprising story behind his pivot, the challenges he faced, and how he built a mission-driven investment firm from the ground up. If you're rethinking success, fulfillment, or your next big move, this conversation is for you.

Key takeaways to listen for

[01:46] Why Dr. Jason walked away from veterinary surgery to chase something bigger
[04:47] The hidden cost of staying in a high-income job you don’t love
[16:36] How Dr. Jason’s values-first approach attracts loyal investors
[21:32] Reasons most employees struggle to build real wealth and how to break out
[32:35] What Jason believes matters more than flashy returns

Resources mentioned in this episode

[00:43] NOMV
[32:26] Who Not How by Dan Sullivan & Benjamin Hardy | Kindle, Paperback, and Hardcover

About Dr. Jason Balara

Dr. Jason Balara is a veterinary surgeon with over 15 years of experience and the founder of Lark Capital Group. He launched Lark to help busy professionals, especially those in the medical field, access carefully vetted, cash-flowing multifamily real estate opportunities. His goal is to offer recession-resistant investments that generate strong returns with minimal risk. After building wealth through single-family rentals and flips, Jason transitioned to multifamily real estate to create a more scalable and passive investment path for himself and others.

Connect with Dr. Jason

Website: Lark Capital Group
Podcast: Know Your Why Podcast with Dr.Jason Balara | Apple Podcasts and Spotify
Email: Jason@larkcapital.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Why Medical Tenants Offer the Ultimate Stability with Trisha Talbot

Mon, 14 Jul 2025 06:00:00 -0400

Medical office real estate isn’t just stable - it’s scalable. Trisha Talbot reveals how she helps physicians and high-net-worth investors turn underused retail and office spaces into income-producing healthcare hubs. Want predictable cash flow and long-term tenants? Start here and rethink what “passive” investing means.

Key takeaways to listen for

[10:27] How office-based procedures are reshaping demand
[17:07] Why spec builds are too risky in medical real estate
[23:48] The most crucial factor in choosing a site
[26:16] What LPs should expect in a 10–15 year triple net deal
[29:09] Important mindset behind building lasting wealth

Resources mentioned in this episode

[28:30] Start with Why by Simon Sinek | Kindle, Paperback, and Hardcover

About Trisha Talbot

Trisha Talbot, a seasoned healthcare real estate advisor and GlobeSt.com 2021 Woman of Influence, leads DOCPROPERTIES with a comprehensive approach to medical real estate investments. With thousands of completed transactions in investment sales, leasing, and corporate representation, she connects investors and entrepreneurial clinicians to build profitable medical office portfolios that support high-quality patient care.

Connect with Trisha

Website: DocProperties
LinkedIn: Trisha Talbot
Email: Talbot@DocProperies.com
Phone: 480-369-7983

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

No-Fluff Framework for Long-Term Wealth with Brian Alfaro

Mon, 07 Jul 2025 06:00:00 -0400

Brian Alfaro didn’t chase every opportunity. He built a business that works without chaos. In this episode, he shares how intentional systems, strong relationships, and investor clarity helped him grow sustainable wealth in real estate. Discover how Brian built real estate wealth with intention, not hustle, and how you can apply the same principles.

Key takeaways to listen for

[07:01] The investor mindset shift that changes everything
[15:43] How does Brian’s reputation do the selling for him?
[22:20] Why Brian systematized his business before scaling
[24:23] What convinces investors to say yes
[38:21] A way to grow without losing time, values, or life

Resources mentioned in this episode

[02:21] BiggerPockets
[39:40] LinkedIn Sales Navigator
[46:19] The 7 Habits of Highly Effective People by Stephen R. Covey | Kindle, Paperback, and Hardcover

About Brian Alfaro

Brian is the Director of Investor Relations at a Houston-based real estate private equity firm with over $500 million in assets under management. His team has earned the trust of investors with more than $100 million in committed capital.

He helps high-income professionals invest in risk-adjusted real estate opportunities that generate passive income and build lasting wealth. Guided by the motto, "Cash flow is king, but relationships are gold," Brian focuses on understanding each investor's goals to match them with the right opportunities.

Connect with Brian

Website: Headway Capital
LinkedIn: Brian Alfaro

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

What Makes or Breaks a Turnkey Investment with Ali Boone

Mon, 30 Jun 2025 06:00:00 -0400

Ali Boone left aerospace engineering to design a life on her terms through turnkey investing. In this episode, she breaks down common myths, how to vet the right operators, and why lifestyle goals should drive your strategy, not just ROI. Don’t miss the blueprint for building wealth on your terms.

Key takeaways to listen for

[02:19] The big mistake newbies make with “hands-off” investing
[03:58] What “turnkey-ish” really looks like behind the scenes
[13:18] How Ali built her life around time, not just cash flow
[17:05] Why the highest return isn’t always the best choice
[17:30] The #1 red flag to watch for in turnkey providers

Resources mentioned in this episode

[46:24] The E-Myth Revisited by Michael E. Gerber | Paperback

About Ali Boone

Ali Boone is a real estate investor, entrepreneur, and coach who left a career as an Aerospace Engineer to go full-time in real estate over a decade ago. She’s the author of Not Your How-To Guide to Real Estate Investing and specializes in helping turnkey rental investors and small business owners streamline for success. A longtime flight instructor and outdoor enthusiast, Ali also volunteers in California prisons with The Freedom to Choose Project.

Connect with Ali

Website: Hipster Investments
Facebook: Ali Boone
Instagram: @alibooneinvest
LinkedIn: Ali Boone

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

The New Way to Read the Market with Andrew Einhorn, M.S.

Mon, 23 Jun 2025 06:00:00 -0400

Andrew Einhorn, M.S., unpacks how his AI-driven platform tracks 26 key corporate events to help investors stay ahead of the market. From train derailments to CEO exits, discover how institutional-grade data is now available to the everyday investor. Listen in to learn how to turn information into income before the rest of the market catches up.

Key takeaways to listen for

[01:36] How mercury in tuna led Andrew to market tech
[09:44] The recurring events that consistently move Wall Street
[17:00] What LevelFields reveals and how quickly it delivers
[19:12] A surprising performance edge over the S&P and Russell
[20:59] Why most stock screeners are giving you outdated information

Resources mentioned in this episode

[19:23] Farther Finance
[21:01] Yahoo Finance
[22:50] Google News
[22:54] ChatGPT
[25:37] NVIDIA

Stay ahead of the headlines. Sign up for our FREE weekly newsletter with sharp news insights at https://www.levelfields.ai/newsletter

About Andrew Einhorn, M.S.

Andrew B. Einhorn, M.S., is the CEO and co-founder of LevelFields, an AI-driven fintech platform that automates investment research, making advanced financial strategies faster and more accessible. He leads product strategy, analytics, and innovation, guiding a team focused on forecasting the impact of events on stocks.

With over 15 years of experience building and exiting tech companies, Andrew has delivered solutions for Fortune 500 firms, federal agencies, and top investment funds. His background includes epidemiological research, data consulting at ICF International, and faculty work at Georgetown, where he developed real-time monitoring systems.

Before LevelFields, he advised a $65B hedge fund and sold a tech firm that served clients like Exxon, CVS, and the White House. He remains active in the startup community as a mentor and M&A advisor.

Connect with Andrew

Follow Us On Social Media

YouTube: Truly Passive Income

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Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

How to Build a 7-Figure Exit Plan with Elisa Chiang, MD, PhD

Mon, 16 Jun 2025 06:00:00 -0400

What do you get when a doctor flips houses, coaches physicians, and builds passive income, all before leaving her day job? You get Elisa Chiang, MD PhD. In this episode, she reveals how she escaped burnout, built real wealth, and why her version of success still includes a Honda Civic. Don’t miss this one.

Key takeaways to listen for

[07:00] Why burnout hits hardest before the breakthrough
[08:00] A freedom shortcut most people are too scared to take
[27:44] What makes debt a silent threat
[32:26] How Coaching became the catalyst for confidence
[34:14] The sponsor behind the deal makes or breaks it

Resources mentioned in this episode

[5:58] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[35:17] The Psychology of Money by Morgan Housel | Kindle, Paperback, and Hardcover

Download 12 Financial Mistakes That Keep Physicians from Building Wealth and take control of your financial future. Learn what to avoid and how to fix what’s already been done. Your path to wealth starts here. https://www.growyourwealthymindset.com/12financialmistakes

About Elisa Chiang, MD, PhD

Elisa, short for Elizabeth, is a board-certified ophthalmologist and fellowship-trained oculoplastic surgeon. After years in both private practice and a demanding hospital system, burnout pushed her to reevaluate her path.

She began investing during her MD/PhD program, tracking her net worth since 2005, and pursued financial independence before the FIRE movement gained widespread recognition. Inspired by Rich Dad Poor Dad, she flipped houses before completing medical school and later returned to real estate, leaving medicine behind.

Life coaching helped her recover from burnout and redesign her life. Now, Elisa helps others overcome burnout, shift their money mindset, and build a life of freedom on their terms.

Connect with Elisa

Website: Wealthy Mindset
Podcast: The Grow Your Wealthy Mindset Podcast | Apple Podcasts and Spotify
YouTube: Grow Your Wealthy Mindset - YouTube
Facebook: Elizabeth Chiang
Instagram: @growyourwealthymindset
LinkedIn: Elizabeth Chiang

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

A Proven Guide to Syndication Funnel with Adam Gower, PhD

Mon, 09 Jun 2025 06:00:00 -0400

Adam Gower, PhD shares the exact system behind billions raised in real estate with no gimmicks, just strategy. From turning LinkedIn into a capital magnet to building trust that converts, this episode is your step-by-step playbook for scaling smarter and faster. Start raising more capital with less friction by Hitting the play button.

Key takeaways to listen for

[02:05] The #1 mistake GPs make when treating their website like a brochure
[08:47] Hidden costs of “easy” Facebook ads most syndicators miss
[15:45] Why investors trust people, not company pages
[24:34] How your authentic voice can be your greatest marketing asset
[33:58] A counterintuitive email that filters out tire-kickers fast

Resources mentioned in this episode

[28:51] Winning through Intimidation by Robert J. Ringer | Hardcover and Mass Market Paperback

Get timely insights, relevant real estate trends, and proven strategies to attract investors and scale your portfolio, delivered straight to your inbox, all for FREE. Subscribe now at https://gowercrowd.com/subscribe

About Adam Gower, PhD

Adam Gower, PhD is one of the world’s leading experts in real estate crowdfunding, known for his unmatched ability to merge decades of real estate finance experience with advanced digital marketing strategies. He helps developers scale their capital raises online and is the creator of the only training programs built specifically for accredited investors interested in passive real estate syndication for long-term wealth and income. He also publishes the industry’s only blog focused exclusively on real estate syndication education and news, making him a go-to resource for sponsors and investors alike.

Connect with Adam

Website: GowerCrowd
Podcast: The Real Estate Market Watch | Apple Podcasts and Spotify
Instagram: @gowercrowd
LinkedIn: Adam Gower Ph.D.
YouTube: GowerCrowd
X: @GowerCrowd

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Everything you need to get started in passive investing - Download Here

How to Use Demographics for RE Deals with Mallory Bateman, M.Sc.

Mon, 02 Jun 2025 06:00:00 -0400

Data guru Mallory Bateman, M.Sc., breaks down how America’s aging baby boomers, declining birth rates, and chronic housing shortages are shifting demand nationwide. Discover which markets are poised for growth, why migration patterns matter, and how generational change will impact your next deal. Tune in now and turn tomorrow’s trends into today’s profits.

Key takeaways to listen for

[05:47] Main factors that influence what buyers and renters want
[08:36] How demographics forecast economic needs
[14:21] Why the 1950s boom was a demographic anomaly
[30:27] What the drop in building permits signals for investors
[34:01] Fertility fears vs. innovation

Resources mentioned in this episode

[37:21] U.S. Census Bureau
[37:50] Census Business Builder (CBB)
[38:05] State Data Center (SDC) Program
[38:54] Esri
[41:02] The American Census by Margo J. Anderson | Paperback and Hardcover

About Mallory Bateman, M.Sc.

Mallory Bateman, M.Sc., is the Director of Demographic Research and State Data Center Coordinator at the Kem C. Gardner Policy Institute, where she leads population estimates, projections, and neighborhood-level analyses for Utah communities. As senior research associate and U.S. Census Bureau State Data Center coordinator, she helped lead Utah’s 2020 Census efforts and represents the state on both the National State Data Center Steering Committee and the American Community Survey Data Users Group Steering Committee. With expertise in urban planning and demographics, including generational shifts, household dynamics, commuting patterns, and fertility, she informs public and private decision-making across the state. She holds a BA in Urban Planning from the University of Utah and an MSc in Social Policy and Planning from the London School of Economics.

Connect with Mallory

Website: Kem C. Gardner Policy Institute
LinkedIn: Mallory Bateman

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How to Save Thousands on Real Estate Expenses with Colton Pace

Mon, 26 May 2025 06:00:00 -0400

What if you could save thousands on real estate expenses without lifting a finger? In this episode, we chat with Colton Pace, about how tech is helping everyday investors fight back against bloated tax bills. From billionaire strategies to Main Street savings, pay attention to Colton as he reveals how cutting taxes and insurance costs can seriously boost your bottom line.

Key takeaways to listen for

[01:28] How managing elite portfolios inspired Ownwell’s mission
[05:50] Why Fortune 1000s always appeal, and you should too
[10:30] The messy legal game of property tax battles
[15:35] Big-player profits to serve everyday homeowners
[18:03] Ways of lowering your bill that raise your bottom line

Resources mentioned in this episode

[32:17] Crucial Conversations by Joseph Grenny, Kerry Paterson, Ron McMillan, Al Switzler and Emily Gregory | Kindle, Paperback, and Hardcover
[31:44] Who Not How by Dan Sullivan & Benjamin Hardy | Kindle, Paperback, and Hardcover

About Colton Pace

Colton is a co-founder and the CEO of Ownwell. Before launching the company, he built a career as an investor, asset manager, and venture capitalist, helping oversee billions in assets across real estate and tech. He’s involved with funds that backed industry giants like Uber, Spotify, Redfin, Snowflake, UiPath, Zuora, and Grab. Through this experience, Colton saw a significant gap between elite investors and everyday property owners. So he launched Ownwell to bridge that divide and give more people access to wealth-building tools. Passionate about impact, he thrives on bringing together high-performing teams and empowering entrepreneurs. Outside of work, you’ll find him in or on the water.

Connect with Colton

Website: Ownwell
LinkedIn: Colton Pace

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YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

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Generational Wealth Strategies And Kid-Friendly Money Lessons with Alina Trigub

Mon, 19 May 2025 06:00:00 -0400

How do you turn financial struggle into a foundation for generational wealth? In this powerful episode, Alina Trigub shares her journey from a Soviet immigrant to a financial literacy advocate and real estate investor. Dial in as she breaks down the tax traps most passive investors miss, reveals how to teach kids about money without lectures, and explains why your legacy begins on Main Street, not Wall Street.

Key takeaways to listen for

[08:17] How tax treatment of income can make or break your investment
[10:44] Main Street over Wall Street
[14:14] The power of casual conversations in achieving financial freedom
[18:04] An effective way to raise capital in any market
[23:36] Why building legacy begins with mindset.

Resources mentioned in this episode

[04:17] RIch Dad CashFlow 101 Board Games by Robert Kiyosaki
[10:29] Your Legacy on Main Street by Alina Trigub | Kindle and Paperback
[33:16] Rummikub
[31:53] The Richest Man in Babylon by George S. Clason | Kindle and Paperback
[33:16] Rich Dad Poor Dad by Robert T. Kiyosaki | Paperback and Kindle

About Alina Trigub

Alina Trigub is the founder and managing partner of SAMO Financial, a boutique private-equity firm that empowers investors to diversify beyond Wall Street and tap into Main Street opportunities like real-estate syndications. A former tax accountant with degrees in IT and business, she now coaches clients on building lasting wealth through strategic alternative investments. Alina is a sought-after TEDx speaker and the author of Your Legacy on Main Street.

Connect with Alina

Website: SAMO Financial
Facebook: SAMO Financial LLC
Instagram: @alinatrig
LinkedIn: Alina Trigub
YouTube: Alina Trigub
Email: alina@samofinancial.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

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The Ultimate Strategic Playbook for Passive Investing with Brian Burke

Mon, 12 May 2025 06:00:00 -0400

Real estate legend Brian Burke joins us to share why he's hitting pause on multifamily and betting big on senior housing. With decades of experience (and zero investor losses), Brian unpacks what pattern recognition, market timing, and people-first investing really look like. A must-listen masterclass for anyone seeking clarity in today's market chaos.

Key takeaways to listen for

[05:10] The psychology of markets beats metrics
[17:32] How patience and capital optionality beat FOMO investing
[34:21] Why bridge loans have wrecked portfolios
[38:34] Cash flow versus resale value
[43:17] What the power of relationship equity means

Resources mentioned in this episode

[21:06] The Hands-Off Investor by Brian Burke | Paperback and Kindle
[45:43] Rich Dad Poor Dad by Robert T. Kiyosaki | Paperback and Kindle
[45:43] Real Leaders Don't Do PowerPoint by Christopher Witt and Dale Fetherling | Kindle, Hardcover, and Paperback
[45:43] TED Talks by Chris Anderson | Kindle, Hardcover, and Paperback
[48:50] CRE Daily
[48:50] CoStar North America
[49:36] PassivePockets Summit 2025
[49:36] BPCON2025: Ultimate Real Estate Investing Conference
[49:36] Limitless Financial Freedom Expo

About Brian Burke

Brian is the President & CEO of Praxis Capital, Inc., a vertically integrated real estate private equity investment firm, which he founded in 2001. Brian is also a member of the Praxis Investment Committee. He has acquired over 800 million dollars worth of real estate over a 30-year career, including over 4,000 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 a frequent public speaker at real estate conferences and events nationwide.

Connect with Brian

Website: Praxis Capital
Instagram: @investorbrianburke
BiggerPockets: Brian Burke

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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How to Find Your Real Estate Superpower and Build Generational Wealth with Tony Lopes

Mon, 05 May 2025 06:00:00 -0400

What happens when a first-gen American engineer gets laid off and vows never to rely on one paycheck again? Tony Lopes shares how he went from a $50K condo to managing 153-unit complexes and now coaches others on financial independence through real estate. From renter nation trends to finding your “superpower,” this episode is full of actionable insights for thriving in real estate, even in uncertain times.

Key takeaways to listen for

[00:00] The best training ground for bigger investments
[14:39] How simple goodwill steps create long-term tenant loyalty
[19:16] What rising home prices and stalled development mean for investors
[26:08] Why use 7% interest rate projections and hold rents flat for two years
[36:54] A guide on how to go from solo investor to GP

Resources mentioned in this episode

[43:50] Who Not How by Dan Sullivan with Dr. Benjamin Hardy | Paperback and Hardcover

About Tony Lopes

Tony Lopes is a first-generation American, bestselling author, and CEO of Dirty Boots Capital. Armed with degrees in mechanical engineering and an MBA, he spent the early part of his career managing multimillion-dollar defense programs before pivoting to full-time real estate investing. Today, Tony empowers professionals to build lasting, legacy wealth through thoughtfully underwritten syndications, hands-on coaching, and mindset training, always with a focus on strong tenant relationships, conservative underwriting, and long-term hold strategies.

Connect with Tony

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Reshape Your Life and Business Through Smart Passive Investing with Dr. Tyson Cobb

Mon, 28 Apr 2025 06:00:00 -0400

Orthopedic surgeon turned real estate powerhouse, Dr. Tyson Cobb reveals how he scaled back his medical career to build passive wealth and set a bold goal to donate $1 million annually to charity. He shares how mastermind groups, tax strategies, and intentional living transformed his path. From Roth conversions to legacy-building, this episode is packed with purpose-driven insights for high earners and syndicators alike.

Key takeaways to listen for

[04:45] Why real estate success starts with collaboration
[06:19] The six mastermind groups that can accelerate RE growth
[11:17] ‘5 Fs’ framework reshaped Tyson’s life and business
[20:35] How to convert a self-directed IRA into a Roth
[28:44] An expert guide on how to vet niche deals

Resources mentioned in this episode

10x Is Easier than 2x by Dan Sullivan with Dr. Benjamin Hardy | Paperback and Hardcover
What Matters Most by Brian Scrone | Kindle and Paperback
Who Not How by Dan Sullivan with Dr. Benjamin Hardy | Paperback and Hardcover
Top Real Estate Investing Coaching with Rod Khleif
Legacy Family (Tim Bratz)
Elite Wealth Club

About Dr. Tyson Cobb

Dr. Tyson Cobb is the Founder of Timberview Capital and a semi-retired orthopedic surgeon with over 20 years of experience in a high-demand medical career. Despite his success in surgery and patient care, the intense hours and stress led him to seek a more balanced financial and personal life. His journey into commercial real estate began as a side investment, motivated by market volatility and a desire for a steadier income. This exploration led to significant growth in his net worth, thanks to the stability of triple-net leases and the scalability of real estate syndications. These ventures not only offered substantial tax benefits but also the opportunity to generate passive income without compromising his time.

In 2019, Dr. Cobb made a pivotal decision to leave his surgical group, not to retire but to redefine his life. He now focuses on creating a sustainable legacy, giving back to the community, and building financial freedom on his own terms through strategic real estate investments.

Connect with Dr. Tyson

Website: Timberview Capital
LinkedIn: Tyson Cobb, MD
Email: invest@timberviewcapital.com
Phone (Text Only): 563-209-8488

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Everything you need to get started in passive investing - Download Here

What LPs & GPs Need to Know Now with Chad Ackerman

Mon, 21 Apr 2025 06:00:00 -0400

Chad Ackerman is back with a real-world playbook for today’s investors and operators. He shares must-know insights on passive investing, key red flags for LPs, and why coaching matters more than ever. Plus, a behind-the-scenes look at Left Field’s growth and what GPs need to do to stand out.

Key takeaways to listen for

[10:49] Why passive investing still requires active effort and how to do it right
[19:24] Common mistakes new syndicators make and how to avoid them
[22:21] What today’s LPs really want and what makes them run the other way
[29:16] The best-kept secret for long-term business growth
[32:13] How coaching can save you from costly mistakes

Resources mentioned in this episode

[01:54] Left Field Investors
[08:33] Passive Pockets
[35:00] MAG Capital Partners
[35:50] The Hands-Off Investor by Brian Burke | Paperback and Kindle

About Chad Ackerman

Chad Ackerman is a seasoned business coach and franchise owner with FocalPoint Business Coaching, based in Columbus, Ohio. With a rich background in corporate leadership, entrepreneurship, and real estate, Chad brings a wealth of experience to his coaching practice. After a successful corporate career, he launched and later sold his own real estate business in 2020. Seeking a new challenge that combined his passion for leadership and desire for flexibility, Chad transitioned into business coaching through franchise ownership with FocalPoint. He is dedicated to empowering small business owners, particularly those in the $1–$5 million revenue range, by providing strategic guidance to enhance growth, efficiency, and work-life balance. Chad resides in Dublin, Ohio, with his fiancée and two children.

Connect with Chad

Website: Chad Ackerman
LinkedIn: Chad Ackerman

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

How You Add Massive Value to Mobile Home Communities with Matthew Ricciardella

Mon, 14 Apr 2025 06:00:00 -0400

What does it take to build a $500M portfolio without chasing big money or brokering every deal? In this powerhouse episode, Clint and Neil chat with Matthew Ricciardella about his journey from cold-calling dropout to leading over $1B in real estate transactions. Learn how Crystal View Capital creates value from the ground up—one lot, one system, one relationship at a time.

Key takeaways to listen for

[07:13] Why these “stepchild” asset classes turned out to be hidden gold
[10:21] Emotional legacy vs. auction wins: Which matter more?
[15:25] The vertically integrated secret behind Crystal View’s cash flow strategy
[19:23] How they pass through utility costs without burning resident goodwill
[28:16] Main advantages of proprietary market data

About Matthew Ricciardella

Matthew Ricciardella is the Founder and CEO of Crystal View Capital, a private real estate investment firm managing over $500 million in assets, specializing in manufactured housing and self-storage. With more than $1 billion in real estate transactions completed, he has built a vertically integrated real estate empire focused on operational excellence, off-market deal sourcing, and relationship-driven investing. Under his leadership, Crystal View Capital is known for its disciplined investment strategy and long-term value creation. Matthew’s mission extends beyond building equity for investors—he is deeply committed to improving communities and enhancing lives through purposeful, strategic development.

Connect with Matthew

Website: Crystal View Capital
E-mail: invest@crystalviewcapital.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Why Self Storage Is Still the Smartest Play in Commercial Real Estate with Scott Meyers

Mon, 07 Apr 2025 06:00:00 -0400

Join Scott Meyers, one of the top names in self-storage, for an insightful look at why seasoned investors are doubling down on this asset class. With 3M+ sq. ft. under management, he shares how his team is navigating market shifts, scaling smart, and building more than just wealth. From real estate strategy to mission-driven impact, this episode is a must for anyone seeking stability, scalability, and purpose.

Key takeaways to listen for

[04:47] Why self-storage delivers major returns
[15:51] How rising interest rates impacted demand
[22:05] Conversion vs. development: Which one reduces costs
[26:31] A facility REITs will fight over (even if you plan to hold)
[34:57] The underground deal flow: How to close off-market deals

Resources mentioned in this episode

[31:27] The Self Storage Mastermind

About Scott Meyers

Scott Meyers is the founder and CEO of Self Storage Investing, a company dedicated to educating individuals on investing in self-storage facilities. Recognized as a leading expert in the field, Scott has built several multi-million dollar businesses in real estate, transitioning from renovating modest homes to acquiring and developing state-of-the-art self-storage facilities nationwide. Through Self Storage Investing, he offers courses, live events, and mentoring programs to help others launch their own self-storage ventures..

Connect with Scott

Website: Self Storage Investing
Podcast: Self Storage Investing | Apple Podcasts and Spotify
LinkedIn: Scott Meyers (Self Storage)
YouTube: Scott Meyers

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

How to Use a Self-Directed IRA for Alternative Investments with Chris Trembly

Mon, 31 Mar 2025 06:00:00 -0400

Are you sitting on retirement funds without realizing their full potential? Chris Trembly joins us to break down the world of Self-Directed IRAs (SDIRAs) and how they can be used for alternative investments like real estate, digital assets, and precious metals. If you’ve ever wondered whether you can invest your retirement savings outside of traditional stocks and bonds—this episode is a must-listen!

Key takeaways to listen for

[06:50] What is a Self-Directed IRA (SDIRA)?
[13:54] Common mistakes investors make when using SDIRAs
[17:49] What you can and cannot invest in with an SDIRA
[19:27] How to roll over funds from traditional accounts
[30:42] IRS rules, prohibited transactions, and tax implications

About Chris Trembly

Chris Trembly serves as the Director of Operations at Preferred Trust Company, where he specializes in Self-Directed Individual Retirement Accounts (SD-IRAs). In his role, Chris educates clients on the advantages of SD-IRAs, simplifying complex investment strategies to empower individuals in diversifying their retirement portfolios. His expertise and approachable teaching style have made him a sought-after speaker and podcast guest, where he addresses common questions about SD-IRAs and alternative investment options.

Connect with Chris

Website: Preferred Trust Company
Email: clientservice@ptcemail.com
Phone: (888) 990-7892

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YouTube: Truly Passive Income

TikTok: @trulypassiveincome

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Everything you need to get started in passive investing - Download Here

Escape the ‘Earn More, Work More’ Cycle and Build True Wealth with Bronson Hill

Mon, 24 Mar 2025 06:00:00 -0400

Bronson Hill reveals how high-income professionals can create true passive income outside Wall Street by shifting their wealth mindset. With over $45 million raised, he shares strategies to overcome mental blocks, prioritize alternative investments, and why traditional thinking keeps most people stuck. If you're ready to stop self-sabotaging and start building lasting wealth, this one's for you.!

Key takeaways to listen for

[05:34] Why most professionals struggle to build true financial freedom
[11:48] 3 reasons investors look for passive investments
[15:09] Biggest mental blocks stopping high-income earners
[20:40] The fastest way to build wealth
[25:50] How to rewire millionaires’ financial mindset

Resources mentioned in this episode

[05:46] Fire Yourself by Bronson Hill and Ken McElroy | Hardcover, Kindle, and Audiobook
[10:14] Best Ever Real Estate Conference
[30:59] The E-Myth Revisited by Michael E. Gerber | Audiobook and Paperback

[15:57] Join The Wealth Forum, a community of high-net-worth investors focused on building lasting legacies at https://bronsonequity.com/join.

[38:21] Turn Inflation into Opportunity! Learn the strategies the ultra-wealthy use to grow their wealth despite rising costs. Grab your FREE report on How to Use Inflation to Your Advantage—just text "inflation" to 33777 to get your copy now!

About Bronson Hill

Bronson Hill is a multifamily real estate expert, podcast host, keynote speaker, and the founder and CEO of Bronson Equity. He has raised over $45 million for real estate investments and is a general partner in over $150 million worth of real estate across the United States. Bronson began his real estate journey in 2006 with the purchase of his first rental property, which led him to transition from a successful career as a medical device sales consultant to full-time real estate investing. He is dedicated to educating investors on achieving financial freedom through apartment investing and regularly produces content to support this mission. Beyond his professional endeavors, Bronson is a dedicated father, avid traveler, and actively supports anti-human trafficking initiatives through his involvement with organizations like Dressember.

Connect with Bronson

Website: Bronson Equity
Podcast: Mailbox Money Show | Apple Podcasts and Spotify
LinkedIn: Bronson Hill | Bronson Equity
Facebook: Bronson Hill
Instagram: @bronsondavidhill
Youtube: Bronson Hill

Follow Us On Social Media

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

The Rise of Garage Condos with Ben Lapidus

Mon, 10 Mar 2025 06:00:00 -0400

Ben Lapidus, co-founder of the Best Ever Conference, discusses an emerging real estate asset class: garage condos. These high-end, flexible-use storage units are gaining traction among affluent buyers, small business owners, and hobbyists looking for a customizable, long-term storage solution. He breaks down why this niche market is in its early innings, how it's different from self-storage, and why demand far outpaces supply.

Key takeaways to listen for

[05:35] What garage condos are and how they compare to traditional self-storage
[10:49] How personal-use buyers value these spaces differently than investors
[14:27] The exit optionality of garage condos and why they appeal to investors
[23:15] Why affluent households and small businesses are the ideal customer base
[25:00] A marketing strategies that work best for selling garage condos

About Ben Lapidus

Ben Lapidus is the founder of the Best Ever Conference and Habitual Capital, focusing on alternative asset syndication and revenue financing private equity. Previously, he significantly contributed to Spartan Investment Group, driving it to reach $100 million in annual revenue as the CFO and head of investments, managing over $500 million in acquisitions and $250 million in debt. Ben's entrepreneurial journey includes founding and selling a multi-million dollar study abroad company and working with startups through IPOs or acquisitions. He has founded seven businesses in total, experiencing both successes and failures. Ben graduated from Rutgers University with degrees in Finance and Economics, where he also founded the Rutgers Entrepreneurial Society.

Connect with Ben

Website: Best Ever Conference | Ben Lapidus | Playground
Facebook: Best Ever Conference
Instagram: @besteverconference
LinkedIn: Benjamin Lapidus
YouTube: Best Ever CRE
Email: ben@playground.properties

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

The Investor’s Guide to Diversifying Wealth and Tax Advantaged Strategies with Keshav Kolur

Mon, 03 Mar 2025 06:00:00 -0400

Is the stock market the only place to build wealth? Think again. In this episode, Keshav Kolur explores the rich world of alternative investments, tax-efficient wealth-building strategies, and the growing popularity of evergreen funds. Discover how diversifying beyond stocks and bonds could be your key to financial growth.

Key takeaways to listen for

[05:35] Why multifamily syndications have faced major headwinds
[08:40] How to vet operators before investing in syndications
[15:04] Unique exit strategies that build-to-rent communities offer
[17:02] Investments that provide major tax benefits
[35:02] What an evergreen fund is and how it works

Resources mentioned in this episode

[01:31] Rich Dad Poor Dad by Robert Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[09:37] The Hands-Off Investor by Brian Burke | Paperback and Kindle
[10:36] RaiseMasters
[10:37] Connect2Capital
[10:38] Avestor

[09:32] Download Clive Capital's 100+ Question Due Diligence Checklist to vet alternative assets for private equity investment confidently. Get your free copy now at https://www.clivecap.com/alternative-assets.

About Keshav Kolur

Keshav Kolur is the principal and founder of Clive Capital, a private equity firm based in New York City. This firm primarily aids tech employees in diversifying their investments beyond the stock market into alternative assets, such as real estate, energy, and small businesses. Kolur's significant impact on the investment landscape includes overseeing investments in over 1,000 apartments and 500 single-family homes across various U.S. markets. Prior to founding Clive Capital, he had a robust career as a software engineer with leading tech companies, including Amazon and Facebook. Additionally, Keshav hosts the "Investing for Generational Wealth Podcast," where he offers insights into alternative investments.

Connect with Keshav

Website: Clive Capital
Podcast: Investing for Generational Wealth | Apple Podcasts and Spotify
Facebook: Keshav Kolur
Instagram: @kkolur76
LinkedIn: Keshav Kolur

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Inflation-Proof Investing and Smarter Financial Planning with Alan Franks, CFP®, CLU, CFBS

Mon, 24 Feb 2025 06:00:00 -0400

Amid inflation and rising interest rates, traditional financial strategies are evolving. Dive in as Alan Franks, CFP®, CLU, CFBS, shares modern approaches to financial planning, investment strategies, and wealth-building in today's challenging market.

Key takeaways to listen for

[05:05] Biggest myths about passive income and why it’s not truly passive
[09:45] Why rental properties aren’t the cash cows they used to be
[14:45] How much you actually need to be financially free today
[19:54] What to do with home equity and investment accounts
[30:06] The hidden impact of inflation and why people underestimate it

Resources mentioned in this episode

[00:30] EmPowered Money by Alan Franks | Kindle and Paperback
[16:53] The Psychology of Money by Morgan Housel | Kindle, Paperback, and Hardcover
[17:25] Who Not How by Dan Sullivan and Benjamin Hardy | Kindle and Paperback

[41:34] Get your FREE personalized 10-Minute Financial Plan! Complete EmPowered Money's quick questionnaire and take the first step toward financial clarity. Start now at https://www.empowered-money.com/.

About Alan Franks, CFP®, CLU, CFBS

Alan Franks, CFP®, CLU, CFBS, is the founder of Empowered Money and the author of "EmPowered Money," a guide to financial planning. With a background in Economics and Entrepreneurial Management from Mercer University, Alan started his career in financial planning during the 2008 financial crisis. His firm, The Mill Financial Partners, focuses on helping individuals manage their finances to achieve a fulfilling life. Alan lives in Atlanta, GA with his wife and two rescue dogs, sharing his expertise to empower others financially.

Connect with Alan

Website: EmPowered Money | The Mill Financial Partners
Instagram: @frankly_financial
LinkedIn: Alan Franks, CFP®, CLU, CFBS

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Co-Living, Rent to Own, and Creative Financing in a Changing Market with James Brown

Mon, 17 Feb 2025 06:00:00 -0400

In today's high-interest rate environment, traditional rental strategies are being reevaluated. James Brown explores innovative real estate tactics in this episode. Learn about co-living solutions for affordable housing, the mutual benefits of rent-to-own investing, and strategies for raising capital in multifamily syndications. Dive into this episode to discover how creative financing can dramatically boost your real estate returns.

Key takeaways to listen for

[06:02] What sets rent-to-own tenants apart from traditional renters
[11:59] The economics behind rent-to-own deals and how investors make money
[13:56] How to help investors manage co-living properties more efficiently
[15:52] Co-living portfolio scaling: challenges and opportunities
[28:10] Where to find the biggest opportunities in real estate right now

Resources mentioned in this episode

[00:42] PadSplit

[23:48] Discover Hybrid Real Estate Investing—the modern way to profit more with less risk. Skip the stock market gamble, risky flips, and tenant headaches. Read or download for FREE at https://hybridrealestateinvesting.com/category/books/.

About James Brown

James Brown, co-founder of Real Home Solutions and a skilled show host, investor, and realtor, developed the Hybrid Real Estate Investing strategy with partner Toby Hanson. This innovative approach maximizes profits in top neighborhoods without the typical risks or management challenges of traditional investing. They initially kept this strategy private but realized its potential to benefit a wider circle through word-of-mouth. Targeting professionals seeking control over their investments with above-average returns and fewer hassles, James offers a safer, more effective alternative to the stock market. Contact James to explore how this strategy can meet your real estate investment goals.

Connect with James

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How Renewable Energy Tax Credits Can Reduce Your Tax Bill with Eric Gordon

Mon, 10 Feb 2025 06:00:00 -0400

Tax credits can dramatically reduce your tax liability, yet many overlook the benefits of renewable energy tax credits in commercial real estate. Join Eric Gordon as he explains how passive investors can leverage incentives from the Inflation Reduction Act, the benefits of solar tax incentives, and the difference between deductions and credits, offering essential insights for real estate investors, business owners, or anyone with passive income looking to enhance sustainability while saving money.

Key takeaways to listen for

[03:19] How tax credits differ from deductions and how they impact tax liability
[06:10] What are renewable energy tax credits, and how do they work?
[14:26] Why the Inflation Reduction Act made tax credits more accessible
[17:11] Who benefits most from renewable energy tax credits?
[25:51] The importance of timing: when to place solar facilities into service

About Eric Gordon

Eric Gordon, Vice President of Professional Services at B•10 Capital, combines a robust background in accountancy with a wealth of experience in commercial real estate. After earning his CPA license while working as an auditor focused on construction and real estate clients at Deloitte in Boise, Idaho, Eric transitioned to the commercial real estate sector. There, he sharpened his expertise in due diligence, negotiations, and financing. His career took an interesting turn when he joined the executive team of a fast-casual restaurant chain, significantly aiding its growth from four to over 65 locations across eight states. At B•10 Energy, Eric applies his diverse skills to propel the firm’s professional services, while outside of work, he enjoys traveling, baseball, country music, and spending time with his family. Additionally, Eric actively engages in real estate investment, marrying his professional expertise with his personal interests.

Connect with Eric Gordon

Website: B10 Energy
LinkedIn: Eric Gordon

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Moment 001 - Understanding the Four Types of IRAs: Roth, Traditional, SEP, and Simple

Thu, 06 Feb 2025 06:00:00 -0400

The salient focus of this discussion revolves around the intricacies of converting various retirement accounts into self-directed IRAs, emphasizing both the advantages and potential challenges inherent in this process. We elucidate the four primary types of IRAs: Roth, Traditional, SEP, and Simple, each characterized by distinct features and contribution limits. The dialogue further distinguishes between traditional custodians, who primarily engage with stocks and bonds, and alternative custodians, exemplified by Preferred Trust, which facilitate investments in alternative assets. Notably, we explore the appeal of SEP IRAs among small business proprietors, particularly due to their substantially higher contribution limits compared to traditional IRAs and 401(k) plans. Additionally, the complexities associated with solo 401(k)s are briefly examined, underlining the necessity for a comprehensive understanding of IRS regulations when navigating this particular retirement vehicle.

Takeaways:

Converting various retirement accounts into self-directed IRAs allows for active real estate investment.
The four primary types of IRAs include Roth, Traditional, SEP, and Simple IRAs, each with distinct characteristics.
SEP IRAs are particularly advantageous for small business owners due to their high contribution limits.
Traditional custodians typically restrict investments to stocks and mutual funds, unlike alternative custodians.
The contribution limit for SEP IRAs is significantly higher than that for 401k plans, making them appealing.
Solo 401ks involve more complex regulations and reporting requirements compared to SEP IRAs, necessitating thorough knowledge of IRS rules.

Transform Communities and Maximize Returns with Katie Kim, CCIM

Mon, 03 Feb 2025 06:00:00 -0400

Whether you're a passive investor, developer, or just curious about opportunities in urban infill and adaptive reuse, this episode is for you. Join Katie Kim, CCIM, a trailblazer in real estate development with over 30 years of experience. Discover how Katie started her first real estate deal at 16 and became an expert in creative financing, transforming neglected properties into community treasures using public-private partnerships, tax incentives, and innovative funding models.

Key takeaways to listen for

[09:36] Why adaptive reuse is an essential strategy for revitalizing markets
[11:35] The untapped potential of urban infill and adaptive reuse projects
[14:46] Real-life examples of transforming historic properties
[23:44] An introduction to tax increment financing (TIF)
[34:34] How developers can negotiate incentives with municipalities

Resources mentioned in this episode

[34:41] REAL ESTATE DEVELOPMENT ACADEMY
[46:56] The Katie Kim | Knowledge Nugget
[46:58] Introducing Money Math

About Katie Kim, CCIM

Katie Kim is a seasoned real estate developer, investor, and educator with over 30 years of professional experience in the real estate industry. Her journey began at just 16 when she successfully completed her first real estate deal with no personal investment. Since then, Katie has led numerous transformative projects through her companies, The Kim Group and The Kim Group ATX, focusing on urban infill, mixed-use developments, and adaptive reuse projects.

Connect with Katie

Website: Katie Kim | The Kim Group ATX
Facebook: Katie Kim
YouTube: The Katie Kim
Instagram: @thekatiekim
LinkedIn: Katie Arnholt Kim, CCIM

Follow Us On Social Media

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TikTok: @trulypassiveincome

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Achieve Financial Purpose Beyond Your Bank Balance with Melissa Hoyer, CFP®, CPCC™

Mon, 27 Jan 2025 06:00:00 -0400

Meet Melissa Hoyer, CFP®, CPCC™, who specializes in guiding inheritors through the complexities of managing significant wealth. With nearly 20 years of experience, she integrates financial planning with personal coaching, helping clients align their wealth with their values and life goals. Gain insights on how to effectively manage and purposefully align your wealth.

Key takeaways to listen for

[10:25] Unique challenges faced by inheritors
[18:48] Importance of simplifying complex wealth structures
[24:52] A concept of wealth anonymity and why it’s crucial for inheritors
[34:17] How to prepare for and manage significant wealth transitions
[43:07] The critical role of family dynamics in wealth preservation

Resources mentioned in this episode

[18:30] Flow: The Psychology of Optimal Experience by Mihaly Csikszentmihalyi| Paperback
[42:50] Raising Financially Fit Kids by Joline Godfrey | Paperback
[28:36] What Would the Rockefellers Do? by Garrett B. Gunderson and Michael G. Isom | Kindle, Hardcover, and Paperback
[45:21] Way Into Wealth Coaching Program

About Melissa Hoyer, CFP®, CPCC™

Melissa Hoyer, CFP®, CPCC™, is a financial planner and wealth coach at The Wealth Conservancy, specializing in empowering clients to manage their wealth in alignment with their values. She holds a B.A. in French from the University of Iowa and a Certificate of Interior Design from the Harrington Institute of Interior Design in Chicago. Melissa's diverse background includes experience in human resources at Arthur Andersen and a successful coaching practice. She is passionate about helping clients achieve financial harmony and fulfillment. Outside of work, Melissa enjoys hiking, family weekends in the mountains, jewelry making, cooking, and volunteering with Greenhouse Scholars. She is dedicated to exploring ways to live joyfully and harmoniously with others and the natural world.

Connect with Melissa

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Innovative Strategies to Achieve Financial Security with James Alexander, CFP®

Mon, 20 Jan 2025 06:00:00 -0400

Join James Alexander, CFP®, as he delves into the secrets of achieving financial independence through innovative investment strategies and understanding the psychology of money. Discover his innovative "bucket strategy" for asset management and the tax-saving benefits of defined benefit plans. Packed with actionable advice, this episode offers invaluable insights for white-collar professionals and entrepreneurs aiming to craft a personalized financial game plan and optimize their financial future.

Key takeaways to listen for

[01:13] How to play your financial game instead of someone else's
[06:49] The bucket strategy for managing different goals
[17:25] Income structured notes: What they are and how they work
[25:05] Defined benefit plans as tax-saving vehicles for high-income earners
[33:35] Importance of financial education for long-term success

Resources mentioned in this episode

[26:43] Accelerate your tax-deductible retirement savings with Edge Financial Advisors' Defined Benefit Plan—an IRS pre-approved solution for high-income earners. Learn more at https://www.yourretirementaccelerator.com/.

About James Alexander, CFP®

James Alexander, CFP®, is a financial advisor and partner at Edge Financial Advisors, LLC, in Wheaton, Illinois. Since joining Edge in 2019, he has provided customized investment management and comprehensive financial planning services to families and individuals. With a career in financial services dating back to 2009, James has held various roles at Scottrade and TD Ameritrade, including serving as a branch manager. He holds degrees in Finance and Mathematics from Loyola University Chicago and resides in Naperville, Illinois, with his wife, Rachel, and their son, Theo.

Connect with James

Website: Edge Financial Advisors
Facebook: Ed's Edge | Apple Podcasts
LinkedIn: James Alexander, CFP®

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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How Creative Investment Tactics Are Reinventing Real Estate with Ryan Twomey and Lucas Ravanis

Mon, 13 Jan 2025 06:00:00 -0400

Discover how Ryan Twomey and Lucas Ravanis went from a pandemic house hack to co-owning over 500 multifamily units and repositioning RV parks. Learn about their unique strategies, like collaborating with a TV network for an RV park show, and how they leverage mentorship and community to scale their impact. Tune in to see how to transform real estate investments into community assets!

Key takeaways to listen for

[06:52] Ways to overcome landlord challenges
[10:53] Benefits of commercial real estate
[13:54] The importance of defining your “what, why, and how”
[22:18] Why diversify investing through multifamily and RV parks
[33:40] How to leverage self-directed retirement accounts for real estate

Resources mentioned in this episode

[17:52] Who Not How by Dan Sullivan and Benjamin Hardy | Kindle and Paperback
[38:35] Cabin Wars

About Ryan Twomey and Lucas Ravanis

Ryan Twomey is the Co-Founder and Managing Partner of TR Capital Partners, a real estate investment firm specializing in multifamily properties. He began his career in financial services as a financial advisor and wealth manager before transitioning to an operations analyst role at the parent company of the NYSE. In 2021, Ryan started investing in cash-flowing real estate, initially acquiring and managing residential properties. Recognizing the scalability of commercial real estate, he shifted focus to apartment buildings, achieving financial freedom and the flexibility to design his lifestyle. Through TR Capital Partners, Ryan educates sales leaders and business owners on growing and protecting their wealth by passively investing in apartments, offering an alternative to the volatility of traditional markets.

Lucas Ravanis is the Co-Founder and Managing Partner of TR Capital Partners, a real estate investment firm specializing in multifamily properties. He began his career as a Sales Executive at a Fortune 500 Third Party Logistics company, where he spent over six years building his book of business. Seeking financial independence, Lucas transitioned to commercial real estate in 2023, focusing on apartment buildings. This strategic move allowed him to leave his day job and design a life centered around his priorities. Through TR Capital Partners, Lucas educates sales leaders and business owners on strategies to grow and protect their wealth through passive apartment investments.

Connect with Ryan and Lucas

Website: TR Capital Partners
Facebook: Ryan Twomey | Lucas Ravanis
Instagram: @ryan_twomey1 | @lucas_ravanis
LinkedIn: Ryan Twomey | Lucas Ravanis

Follow Us On Social Media

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TikTok: @trulypassiveincome

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Conservative Hard Money Lending and Scalable Passive Income with David Little

Mon, 06 Jan 2025 06:00:00 -0400

David Little takes us through his fascinating pivot from petroleum engineering to becoming a trailblazer in real estate lending. Specializing in short-term loans for fix-and-flips and commercial gap funding, he breaks down how his business supports borrowers while delivering solid returns to investors. Tune in to explore his innovative strategies and the unique niche he's built in the industry.

Key takeaways to listen for

[05:31] The fundamentals of hard money lending
[17:35] How to secure investments effectively
[21:27] Commercial lending strategies you might want to try
[25:18] A transparent look into investor returns
[32:10] Importance of deal flow and market dynamics

About David Little

David Little is the co-founder and manager of Crown Capital Resources, LLC, a Texas-based private lending firm specializing in real estate investments. He earned both his B.S. (2010) and M.E. (2012) in Petroleum Engineering from Texas A&M University.

David began investing in hard money loans in 2010 and acquired his first rental property in 2013. In 2016, he co-founded Crown Capital Resources, leveraging his expertise in oil and gas property evaluation to assess and recommend investment opportunities. Under his leadership, the firm has funded over 140 properties, totaling more than $30 million in loans.

Connect with David

Website: Crown Capital Resources
Email: david@crowncapitalresources.com
Phone: 817-550-7328

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TikTok: @trulypassiveincome

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Twitter: @trulypassive

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Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Looking to invest in self-storage? Nomad Capital converts vacant big-box retail spaces across the Southeast into climate-controlled storage, with a target of 20% annual returns. Our fund combines low leverage and high depreciation for strong growth and valuable tax benefits. By buying properties at deep discounts, we often achieve break-even at just 40% occupancy. Join a proven model in a resilient asset class that continues to deliver, even in today’s market. Learn more at nomadcapital.us/tpi. Accredited investors only.

The Untapped Wealth of Mortgage Note Investing with Fred Moskowitz

Mon, 30 Dec 2024 06:00:00 -0400

Dive deep with Fred Moskowitz, a former tech professional turned note investing guru, as he explores the lucrative world of mortgage notes. Learn about the unique opportunities and challenges of this asset class, and discover how it can generate passive income and diversify your investment portfolio. Don't miss these insights on building financial freedom through note investing.

Key takeaways to listen for

[01:13] A beginner-friendly overview of mortgage note investing
[08:10] Types of notes: Performing vs. Non-Performing
[13:21] How interest rates impact note investing
[24:55] The role of loan servicing companies in note investing
[29:10] What is the lifecycle of a mortgage note?

Resources mentioned in this episode

[00:37] The Little Green Book Of Note Investing by Fred Moskowitz | Paperback

[39:23] Get Fred Moskowitz's FREE Note Investing Guide! Subscribe to his newsletter at https://www.giftfromfred.com and request your copy today!

About Fred Moskowitz

Fred Moskowitz is a sought-after speaker, advisor, and trainer specializing in entrepreneurship and alternative asset investing. With a 20-year career dedicated to these fields, he has become an authority on building wealth through Self-Directed IRA accounts. Fred is committed to enhancing financial literacy providing actionable education on wealth building, mindset, and success. He regularly shares his expertise at industry conferences and as a guest on investment-related podcasts.

Fred is also the author of "The Little Green Book of Note Investing," which serves as a guide for individuals interested in the mortgage note investment industry.

Connect with Fred

Website: Fred Moskowitz
LinkedIn: Fred Moskowitz
Instagram: @thefredmoskowitz
Facebook: Fred Moskowitz

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Twitter: @trulypassive

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Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Building a Philanthropic Legacy Through Real Estate Success with Devin Elder

Mon, 23 Dec 2024 06:00:00 -0400

Meet real estate entrepreneur and philanthropist Devin Elder as he shares his journey from flipping single-family homes to managing over 5,000 multifamily units and pioneering innovative land and industrial investment strategies. Explore the power of vertical integration, the art of land investing, and the importance of diversification in navigating market changes. Devin also reveals how he balances business success with meaningful philanthropy through the DJE Foundation, which supports disadvantaged children. Join us for an insightful conversation packed with actionable tips to build wealth, sustain growth, and leave a lasting legacy.

Key takeaways to listen for

[01:16] Devin's early real estate journey and the "lightbulb moment" with his first single-family flip.
[03:53] Why diversification beyond multifamily properties ensures stability and growth.
[07:42] How payroll and market fluctuations led to expanding asset classes in real estate.
[13:01] The value of vertical integration for risk management and operational control.
[32:19] Structuring debt and equity opportunities for passive investors across asset classes.
[44:45] Using philanthropy to create a lasting family legacy and give back to the community.

Resources mentioned in this episode

About Devin Elder

Devin Elder is the Founder and CEO of DJE Texas Management Group, a real estate firm managing over 5,000 multifamily units and specializing in diversified investments across multifamily, land, and industrial assets. A dedicated philanthropist, he leads the DJE Foundation, supporting disadvantaged children in Texas and the Philippines. Known for his strategic vision and community focus, Devin is also a helicopter pilot and family man who enjoys creating meaningful experiences on his ranches.

Connect with Devin

DJE Texas Management Group

Follow Us On Social Media

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Twitter: @trulypassive

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Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

How to Navigate the IRS Maze with Carlos Samaniego, EA

Mon, 16 Dec 2024 06:00:00 -0400

Facing IRS challenges and feeling overwhelmed? Join us for an enlightening conversation with Carlos Samaniego, EA, a tax resolution expert who transformed his personal tax struggles into a career helping others. Discover actionable advice, debunk common tax myths, and learn strategies to tackle your tax issues effectively.

Key takeaways to listen for

[10:27] What to expect in IRS collection processes
[17:01] 3 steps to resolving tax problems
[22:38] Tax resolution scams you should be aware of
[27:37] Common myths about settling tax debt
[30:32] The impact of home equity on tax resolutions

Resources mentioned in this episode

[00:32] How To Make The IRS An Offer They Can't Refuse by Juan Carlos Samaniego EA | Kindle and Paperback

About Carlos Samaniego, EA

Juan “Carlos” Samaniego, Founder of Tax Debt Consultants, LLC, is a nationally recognized tax expert who mentors CPAs, EAs, and attorneys while helping clients resolve tax challenges. A member of the National Association of Enrolled Agents and the American Society of Tax Problem Solvers, Carlos received the 2020 Tax Professional of the Year Award and the EXPY award for his contributions to the industry.

Featured on NBC, CBS, ABC, USA Today, and in national media, Carlos has authored How to Make the IRS an Offer They Can’t Refuse and the upcoming FTB Taxpayer Survival Guide. His Tax Debt Consultant Podcast, named a Top 10 Small Business Tax Podcast by Feedspot, shares practical advice globally.

Connect with Carlos

Website: Carlos Samaniego | Tax Debt Consultants
Facebook: Tax Debt Consultant
LinkedIn: Juan Carlos Samaniego, EA CTRC® NTPI Fellow® MSCTA
Instagram: @jcarlossamaniego
YouTube: Carlos Samaniego EA

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Why Infinite Banking Is the Key to Generational Wealth with Tom Suvansri, MBA

Mon, 09 Dec 2024 06:00:00 -0400

Meet financial strategist and author Tom Suvansri, MBA, as he explores his transition from corporate professional to a leader in alternative investment strategies and wealth protection. Dive into the concepts of Infinite Banking, redefine wealth, and understand the significance of financial control. Join us for a conversation rich with strategies for building generational wealth and tips to enhance your financial literacy, perfect for anyone ready to challenge traditional financial planning norms.

Key takeaways to listen for

[09:34] Infinite banking strategy: What it is and its advantages
[18:15] The value of properly structured whole life insurance
[35:00] Why effective financial strategies require self-awareness and discipline
[39:38] How important it is to build a solid financial foundation
[43:00] Networking advice for aspiring investors' financial growth

Resources mentioned in this episode

[06:39] What Would the Rockefellers Do? by Garrett B. Gunderson and Michael G. Isom | Kindle, Hardcover, and Paperback
[08:50] Becoming Your Own Banker by R. Nelson Nash | Paperback
[09:10] Rich Dad Poor Dad by Robert T. Kiyosaki | Paperback and Kindle
[50:11] Wealth Beyond The Numbers by Tom Suvansri | Kindle and Paperback

About Tom Suvansri, MBA

Tom Suvansri, MBA, is the founder of Perennial Pride, where he serves as a wealth strategist and investment advisor representative. Specializing in advanced insurance strategies and investment analysis, Tom empowers clients to take control of their finances. His expertise extends to real estate investing, including ownership and management of rental properties and participation in private lending arrangements. A Penn State graduate, Tom resides in Stamford, CT, with his wife, Bridget, and their two sons, Aidan and Colin. In his free time, he enjoys reading, exercising, golfing, and spending quality time with his family.

Connect with Tom

Website: Perennial Pride
Podcast: Perennial Pride Podcast | Apple Podcasts and Spotify
LinkedIn: Tom Suvansri
Instagram: @perennialpride

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Inside the World of Equestrian Investments and Luxury Assets with Ash Atkinson

Mon, 02 Dec 2024 06:00:00 -0400

From rural England to the heights of high-net-worth circles, Ash Atkinson’s journey offers a rare look into the elite equestrian world and the luxury investment strategies that followed. In this episode, Ash reveals his strategic approach to market timing, reputation-building, and managing wealth across borders. Listen in to uncover the untapped opportunities and unique insights in today’s investment landscape.

Key takeaways to listen for

[13:29] Building trust in the luxury market and expanding to various asset classes
[16:57] Why timing and market insight is essential in the exotic car investment space
[21:04] The role of Pearson Equity Group and how private equity creates new opportunities
[23:22] Benefits of the fund-of-funds model in providing rigorous due diligence for investors
[26:48] Why pooling capital helps negotiate better terms and boosts investor returns
[30:16] The value of investing in legacy businesses during a generational wealth transfer

Resources mentioned in this episode

[20:41] Pearson plc

About Ash Atkinson

Ash is a seasoned business development professional with a global background in equestrian management, luxury assets, and high-net-worth investments. Originally from Sudbury, England, Ash began his career managing top equestrian operations in Germany and Mexico before moving to the U.S., where he expanded into luxury real estate, jet charters, and alternative asset investments. Now based in Wellington, FL, he works with ultra-high-net-worth clients and SMEs, focusing on business growth, efficiency, and strategic exits. Holding multiple Florida licenses, Ash leverages his diverse experience to optimize businesses and drive innovation.

Connect with Ash

Instagram: @ashatkinson1
LinkedIn: Ash Atkinson

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Unconventional Tactics for Finding Off-Market Real Estate Gems with Bishoy M. Habib, Esq., MBA

Mon, 25 Nov 2024 06:00:00 -0400

Curious about navigating today’s challenging real estate market? Join us as we sit down with an expert attorney and seasoned investor, Bishoy Habib. In this episode, Bishoy reveals strategies for building a resilient real estate portfolio, including creative financing techniques and practical insights into deal structuring. Learn how to protect your investments and turn market uncertainty into opportunity. Don’t miss out on these essential insights for elevating your real estate game!

Key takeaways to listen for

[06:15] How Bishoy turned early challenges into valuable lessons that shaped his journey in real estate and law
[09:59] Best practices for finding reliable property managers who make investing in real estate less of a headache
[17:00] How rising rates have impacted investments and the inventive strategies experts are using to stay ahead
[18:24] Smart approaches for adapting to rising interest rates
[38:16] Legal strategies for protecting investments

About Bishoy M. Habib, Esq., MBA

Bishoy is a seasoned real estate and business attorney with over 11 years of experience in New York and Florida, managing over 1,000 transactions totaling $12 billion. Starting his career in New York City, he specialized in commercial real estate with a major Manhattan hotel developer before returning to Florida, where he expanded his expertise in finance law, representing local governments, banks, and institutional clients.

Now based in Tampa, Mr. Habib focuses exclusively on real estate and business transactions, serving a diverse clientele, including developers, lenders, and brokerages. Known for his investor-friendly approach and skillful deal-making, he combines his deep legal knowledge with a creative flair for structuring complex deals, making him a trusted partner for clients navigating challenging markets.

Connect with Bishoy

Website: Levacy Legal
LinkedIn: Bishoy M. Habib, Esq., MBA
Instagram: @attorneybishoy
TikTok: @attorneybishoy
YouTube: Attorney Bishoy
Phone Number: (813) 553-2699

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Takeaways:

Building trust with your partners is crucial for successful real estate investments.
It’s essential to analyze and assess the general partner in any investment deal.
Creative financing options can provide flexibility and opportunities in a challenging market.
The importance of due diligence cannot be overstated when selecting investment sponsors.
Navigating the current real estate landscape requires adapting strategies to market conditions.
Understanding the risks of subject-to transactions is vital for protecting your investments.

Links referenced in this episode:

levacylegal.com

Mentioned in this episode:

Sponsored by Nomad Capital

Be Successfully Unemployed and Build Lasting Wealth with These Strategies from Dustin Heiner

Mon, 18 Nov 2024 06:00:00 -0400

After a sudden layoff, Dustin Heiner set out to transform his financial future by mastering real estate investing. In this episode, he reveals how he turned his passive income dream into reality, breaking down the essential strategies that guided his journey from job loss to financial independence. If you're ready to reshape your own path to financial freedom, tune in and let Dustin's story inspire your next move.

Key takeaways to listen for

[04:53] How Dustin turned the shock of job loss into a thriving real estate business
[13:25] A unique approach to “passive income” and what it really takes to make it sustainable
[16:24] Why Dustin prioritizes cash flow over market appreciation
[35:52] Insider tips on finding reliable property managers and why they’re essential for stress-free real estate investments
[38:36] Why every investor should think like a business owner
[41:59] The importance of aligning your investment approach with your own risk tolerance and goals

Resources mentioned in this episode

Do you want to know how to be successfully unemployed? Go to https://masterpassiveincome.com/freecourse or text RENTAL to 33777, and we’ll show you the secret hacks to building wealth!

About Dustin Heiner

Dustin is a real estate investor, entrepreneur, and host of the Successfully Unemployed podcast and blog, dedicated to helping people achieve financial independence by creating businesses and investing in passive income. After starting his journey in 2006, Dustin built a thriving rental property portfolio, enabling him to quit his government job in 2016. Through Successfully Unemployed, he now shares strategies and stories to guide others on their path to financial freedom.

Connect with Dustin

Website: Master Passive Income | Successfully Unemployed | Real Estate Wealth Builders Conference
LinkedIn: Dustin Heiner
Instagram: @thedustinheiner

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

masterpassiveincome.com/freecourse

Mentioned in this episode:

Sponsored by Nomad Capital

Why Medical Professionals Should Consider Real Estate Investing

Mon, 11 Nov 2024 06:00:00 -0400

Unlock financial freedom with Rob Natale, founder of North Square Capital, as he reveals how medical professionals can build wealth through passive real estate investments. From syndications to debt funds, Rob shares strategies for generating income while safeguarding valuable time and navigating today’s financial challenges. Listen in to see how passive investing could transform your financial outlook!

Key takeaways to listen for

[16:38] The power of real estate syndications over traditional investments
[21:36] What a "Financial Health Checkup" can reveal about your wealth goals
[26:58 ] Why medical professionals are embracing passive income to balance work-life pressures
[31:14] How passive income can help you achieve time freedom
[48:30] Why private credit is thriving in today’s market

About Rob Natale

Rob is the founder of North Square Capital. He is dedicated to helping medical professionals achieve financial freedom and combat burnout through passive real estate investments. With years of experience in asset management, Rob saw a need for more accessible, high-value investment strategies tailored to healthcare providers. Inspired by his family's dedication to medicine, he now brings top-tier wealth-building solutions to those seeking financial security and balance.

Connect with Rob

Website: North Square Capital
LinkedIn: Rob Natale
Instagram: Rob Natale
YouTube: North Square Capital
Facebook: Rob Natale

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Takeaways:

Rob Natali emphasizes creating a second engine of wealth through passive real estate investing.
Passive real estate investments provide medical professionals with additional income without requiring extensive time commitment.
The importance of understanding financial goals before diving into real estate syndications is crucial.
Rob discusses the unique challenges faced by medical professionals in today's healthcare landscape.
He highlights the significance of due diligence when selecting investment opportunities and operators.
Real estate syndications can offer attractive tax benefits, particularly through depreciation strategies.

Links referenced in this episode:

Mentioned in this episode:

Sponsored by Nomad Capital

Earn Passive Income Without Hassle through Mortgage Note Investing with Nathan Turner

Mon, 04 Nov 2024 06:00:00 -0400

Discover the fascinating world of mortgage note investing with the Canadian Note Guy, Nathan Turner. Dial in as Nathan shares how he transitioned from active real estate strategies to a more passive yet powerful approach through note investing. He dives into the benefits of performing and non-performing notes, as well as the potential for steady returns through seller financing. If you're curious about unique investment strategies that could transform your portfolio, this episode is a must-listen!

Key takeaways to listen for

[04:06] Why you should switch to real estate flipping to passive note investing
[10:19] How note investing lets you become the bank, collecting payments without managing properties.
[16:13] How modifying loan terms helps both investors and homeowners
[18:23] Ways buying distressed notes at discounts can lead to big profits
[26:52] The critical role of industry relationships in finding note investment opportunities

Resources mentioned in this episode

[03:10] Diversified Mortgage Expo
[13:14] The Big Short (2015)

About NathanTurner

Nathan is the owner and president of Earnest Inc., specializing in mortgage note investing. He began investing in the U.S. real estate market in 2008, focusing on creating and buying performing and non-performing notes below market value. With experience in both buy-and-hold and note-flipping models, Nathan is passionate about helping struggling homeowners through loan modifications or creative debt solutions. Known as the "Canadian Note Guy," he also hosts the Diversified Mortgage Expo, sharing his expertise with fellow investors.

Connect with Nathan

Website: Earnest Investing
Email: nathan@earnestinvesting.com
Phone Number: (312) 860-3747

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

earnestinvesting.com

Mentioned in this episode:

Sponsored by Nomad Capital

Strategies to Redefine Your Money Mindset for Lasting Financial Success

Mon, 28 Oct 2024 06:00:00 -0400

Unlock the secrets to transforming your financial mindset with Thomas Blottenberger, who dives into how our personal money stories shape our wealth-building journey. From understanding the psychology of abundance to designing flexible cash flow strategies, Thomas reveals how small shifts can lead to big changes in financial success. This episode offers insights to redefine your approach to money, so don’t miss the chance to learn tools that could change your financial future!

Key takeaways to listen for

[9:26] Reasons you need to understand market efficiency and asset pricing
[13:57] An easy way to understand and quantify investment risk
[18:53] How re-evaluating your financial beliefs can unlock the door to greater wealth and stability
[23:52] How keeping cash accessible can lead to new, life-changing opportunities compared to rigid financial structures
[38:18] Why budgeting isn’t enough to help you gain financial independence

Resources mentioned in this episode

[38:08] Current
[40:26] Matson Money

About Thomas Blottenberger

Thomas Blottenberger is a dedicated financial coach and co-founder of Paradigm Shift Financial, who entered the industry in 2010 with a mission to transform clients’ relationships with money. Initially disillusioned by the traditional financial industry’s focus on sales quotas over client needs, Thomas sought a more client-centered approach. His journey led him to Matson Money’s science-based investment methods, inspiring him and co-founder Shauna to launch Paradigm Shift Financial. Through his work, Thomas guides clients from stress and scarcity toward a mindset of abundance and purpose, helping them make meaningful, impactful financial decisions based on Nobel Prize-winning investment principles. His ultimate goal is to create lasting positive change in the world through financial empowerment.

Connect with Thomas

Website: Paradigm Shift Financial
LinkedIn: Thomas Blottenberger

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Flood Lessons: Why Diversification and Passive Investing Matter

Mon, 21 Oct 2024 06:00:00 -0400

What happens when seasoned real estate investors face devastating property floods? Join us as we share the highs and lows of handling disaster, revealing hard-earned insights on the risks of active investing and the freedom that comes with a passive approach. Discover how you can build resilience, redefine success, and craft a blueprint for sustainable wealth. Don’t miss this episode for a raw, behind-the-scenes look at real estate's true challenges and rewards.

Key takeaways to listen for

[05:13] Harsh realities of flood impacts on active investments and how to handle unexpected damage
[16:13] How shifting to passive investments can offer greater time independence and lower risk exposure
[22:14] Eye-opening trends from experienced investors and why many ultimately choose passive investments
[27:19] Smart diversification strategies to mitigate risks for long-term stability
[30:49] The critical need for solid insurance planning and trusted adjusters to manage risks effectively

Resources mentioned in this episode

[30:49] AllCity Adjusting

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Best Real Estate Strategies for High-Income Earners with Brett Riggins

Mon, 14 Oct 2024 06:05:00 -0400

Discover how Brett Riggins, founder of Physician Wealth Systems, is transforming real estate investing for high-income professionals. We'll reveal Brett’s game-changing strategies to build wealth and create passive income without sacrificing time or freedom. Ready to unlock a smarter approach to financial independence? Dive in to see what you’ve been missing!

Key takeaways to listen for

[00:42] How Physician Wealth Systems turns high-income professionals into real estate investors without sacrificing their time
[04:07] A unique twist on the BRRR strategy that may lead to lasting value and steady growth
[09:52] Why starting small with single-family homes could be the smartest first step toward building wealth
[15:10] Secrets to Navigating Interest Rate Fluctuations even during market shifts
[23:04] The power of building trust when investing in real estate
[26:26] Top tips to go beyond single-family investment properties and into larger investments

Resources mentioned in this episode

[00:05] How to Get Rich as a Doctor by Brett Riggins and Thomas Geib | Kindle, Hardcover, and Paperback

About Brett Riggins

Brett is a real estate veteran with over 20 years of experience, founder of Connect Home Buyers and Physicians Wealth Systems. With over $20 million in transactions, Brett is passionate about empowering high-income professionals to build wealth and live authentically. As a mentor, coach, and speaker, he brings a wealth of knowledge, helping others connect with the life they aspire to lead.

Connect with Brett

Website: Physician Wealth Systems

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

physicianwealthsystems.com

Mentioned in this episode:

Sponsored by Nomad Capital

Why Syndications Are the Key to Passive Income and Time Freedom

Mon, 07 Oct 2024 06:00:00 -0400

What does it take to break free from a high-stakes tech career and build a life of true financial freedom? Spencer Hilligoss shares the answer in this episode, revealing the strategies that helped him escape the 9-to-5 grind. Tune in to learn how he turned mistakes into stepping stones and created a life by design and how you can do the same.

Key takeaways to listen for

[7:04] Why connecting with like-minded investors can be the key to unlocking bigger opportunities and long-term success
[8:47] Tips on aligning your financial goals with personal priorities, creating a life by design
[10:47] How syndications offer a powerful way to diversify and grow your investment portfolio
[11:20] Strategies behind syndications that allow investors to multiply wealth while minimizing risk
[18:09] The power of joining a supportive investor network for long-term real estate success
[18:20] Reasons making mistakes early in your investment journey can sharpen your strategy

Resources mentioned in this episode

[37:41] Bigger Pockets
[48:11]Vision by Gordon D'Angelo | Kindle and Paperback

About Spencer Hilligoss

Spencer is the CEO and Co-Founder of Madison Investing, where he spearheads business development and investor relations. A dynamic speaker and active investor, Spencer brings his extensive background as a former technology executive with 13 years of experience leading high-performing teams across five companies, including three unicorns valued at over $1 billion. Before transitioning to real estate, Spencer played a pivotal role in Silicon Valley, most notably at LendingHome, where he developed their Origination Team and led the Professional Development group. Today, he leverages his tech expertise to empower investors in the world of real estate syndications.

Connect with Spencer

Website: Madison Investing

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Fail Fast, Succeed Faster: A Time-Tested Strategy for Real Estate Wealth Building with Maggie and Patrick Wills

Mon, 30 Sep 2024 06:00:00 -0400

Patrick and Maggie Wills started with hands-on real estate ventures but quickly realized the power of passive investing. In this episode, they reveal the pivotal moments that shaped their strategy and how they now use syndications to build wealth and freedom. Learn how this dynamic couple navigates their investments while balancing their personal life goals. Listen now and discover how to make your money work for you!

Key takeaways to listen for

[12:12] Why Patrick and Maggie shifted from hands-on real estate to passive ≈ investing for greater freedom
[14:17] How syndications can help diversify your portfolio and scale your investments
[24:31] Why embracing mistakes early on can help refine your investment strategy
[25:03] Tips on balancing your financial goals with your personal life priorities
[34:54] Reasons you need to join a supportive investor network

Resources mentioned in this episode

[38:51] BiggerPockets
[39:54] PassivePockets
[47:21] The 4-Hour Workweek by Timothy Ferriss | Kindle, Hardcover, and Paperback

About Maggie and Patrick Wills

An active real estate investor since 2017, Patrick started with single-family rentals and while they performed well, he quickly realized their inability to scale efficiently while remaining passive. He discovered Left Field Investors in 2022 and has quickly become an integral part of the team. His mission is to make alternative investments accessible to everyone who seeks to take control of their financial future to pursue their passions in life.

Maggie is an experienced professional with a background in interior design and architecture, specializing in renovation and remodeling. With years of hands-on expertise in evaluating single-family homes, Alongside her husband Patrick, she has transitioned from active real estate involvement to passive investing, playing a crucial role in their investment decisions.

Connect with Maggie and Patrick

LinkedIn: Patrick Wills | Maggie Wills, NCIDQ
Email: patrickjw150@gmail.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

leftfieldinvestors.com

Mentioned in this episode:

Sponsored by Nomad Capital

Tiny House, Big Returns: The Financial Potential of Tiny House Communities with Steven Harrell

Mon, 23 Sep 2024 06:00:00 -0400

Ever thought tiny houses were just a fad? Think again! Steven Harrell, the mastermind behind Tiny House Listings, tells us how these small homes are making a massive impact on real estate and investment opportunities. Whether you're looking to downsize, invest, or create passive income streams, this episode is packed with insights on how tiny homes could unlock big financial rewards.

Key takeaways to listen for

[12:26] The story behind Tiny House Listings and how it grew into the largest marketplace for tiny homes
[15:36] How tiny houses are becoming a serious investment vehicle, with growing potential for passive income
[17:51] One of the biggest challenges for tiny homeowners and how to solve it
[19:33] The surprising demographic driving the tiny house movement
[34:52] Could tiny house communities be the next big real estate trend?

About Steven Harrell

Steven is the CEO of Tiny House Listings and has been involved with The Tiny House movement for over a decade. The platform has facilitated over 20,000 tiny homes to be bought and sold, with over 250 tiny house-building companies using the platform to launch their businesses. He is now building affordable tiny homes out of Wilmington, North Carolina, which are shipped throughout the United States.

Connect with Steven

Website: Tiny House Listings | Tiny House Listings
Email: build@tinyhouselistings.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

Mentioned in this episode:

Sponsored by Nomad Capital

Overcome Real Estate Legislative Changes through Double Closing with Peter Russell

Mon, 16 Sep 2024 06:00:00 -0400

Unlock the secrets behind one of real estate's most dynamic strategies with Peter Russell. From navigating the challenges of wholesaling to pioneering the game-changing double-closing model, Peter’s story is a masterclass in turning obstacles into opportunities. So, if you’re curious about how you can leverage these insights for your own investment success, this is the episode for you!

Key takeaways to listen for

[07:16] What wholesaling is, how it works, and the typical challenges new wholesalers face in the industry
[15:57] How wholesaling evolves into a more systematized and potentially passive business model over time
[19:12] The double closing strategy and why institutional buyers have shifted toward this process
[22:32] New laws affecting wholesalers in South Carolina and how to adapt to these changes
[33:25] Things you need to know about the operations and future of Velocity Advantage Capital

About Peter Russell

Peter has over eight years of experience running a wholesaling operation that has completed over 500 transactions across multiple markets nationwide. Throughout his career, he has utilized various sources for transactional funding and discovered that the process was often overwhelming, with funds coming at a significant cost.

To address this challenge, Peter founded Velocity Advantage Capital, aiming to empower real estate investors to take control of their deals and protect their profits. With the constantly evolving regulations surrounding wholesaling, the need for a reliable source of transactional funding has never been more crucial. Velocity Advantage Capital offers a hassle-free process and competitive rates for double-close funds.

Connect with Peter

Website: Velocity Advantage Capital
Instagram: @peterussell.official

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

How to Maximize Payouts from Your Property Insurance Claims with Andy Gurczak

Mon, 09 Sep 2024 06:00:00 -0400

Insurance claims can be a make-or-break factor in real estate investing. So, in this episode, we invited Andy Gurczak to share crucial strategies for maximizing insurance payouts and protecting your investments. Learn how to safeguard your assets and ensure you're fully covered by tuning in now!

Key takeaways to listen for

[06:32] What is the role of a public adjuster, and how do they advocate for the insured?
[09:02] How Andy’s background in construction gives him an edge in negotiating with insurance companies
[15:59] Benefits of having a public adjuster review your insurance policies
[18:23] Proven strategies on how to maximize insurance claims
[25:29] Reasons why property owners need to have the right insurance coverage

Resources mentioned in this episode

[05:07] Who Not How by Dan Sullivan and Benjamin Hardy | Kindle, Hardcover, and Paperback

About Andy Gurczak

Andy is the Founder and CEO of AllCity Adjusting, a public adjusting company that works directly with the insured to guarantee fair insurance payouts. Since founding the company over 10 years ago, Andy has led its exponential growth, handling multiple multi-million dollar property claims, both commercial and residential. He also specializes in property investment, with multiple locations across the Midwest. With expertise in sales, construction, and real estate, Andy has built one of the most efficient public adjusting firms in the nation.

Connect with Andy

Website: AllCity Adjusting
YouTube: AllCity Adjusting Company
Phone Number: 708-655-4186

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Do This To Master High-Performance Cash Flow in Real Estate with Dr. Axel Meierhoefer, PhD

Mon, 02 Sep 2024 06:00:00 -0400

Learn how to safeguard your family's financial future and make informed investment decisions for long-term success in this episode with Dr. Axel Meierhoefer, PhD, CEO of Ideal Wealth Grower. Hit play and discover how to seamlessly transition from active income to passive income while mastering the art of vertical integration. So don't miss this opportunity to revolutionize your real estate investing approach and unlock the path to true wealth!

Key takeaways to listen for

[03:00] How Dr. Axel transitioned from a military career to a successful real estate investor
[10:00] The importance of vertical integration in real estate investing
[16:00] Benefits of clustering properties in high-performing markets
[25:00] Best strategies for creating a financial shield for your investments
[32:00] Insights into building a cash flow-focused portfolio for time and financial freedom

Resources mentioned in this episode

[10:00] BiggerPockets
[10:30] The Turnkey Revolution by Chris Clothier | Hardcover and Kindle
[10:45] REI Nation
[19:15] Who Not How by Dan Sullivan and Benjamin Hardy | Hardcover, Kindle, and Paperback

About Dr. Axel Meierhoefer, PhD

Dr. Axel Meierhoefer, PhD, is a former Air Force member and software company executive who founded a consulting firm in 2005. The 2009 Great Recession led him to discover real estate, igniting a passion that transformed his career. Learning about the 1031 exchange and the potential for financial independence, Axel and his wife embarked on a challenging journey, acquiring nine properties and mastering real estate investment.

Now, Axel combines his expertise and experience to mentor others through the IDEAL Wealth GROWER system, helping individuals achieve economic and financial independence. He offers mentoring programs, eBooks, and an app to guide people on their path to building a legacy of passive income and financial freedom.

Connect with Dr. Axel

Website: Ideal Wealth Grower

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

Mentioned in this episode:

Sponsored by Nomad Capital

Self-Storage Strategies That Could Skyrocket Your Wealth with Fernando Angelucci Part 2

Mon, 26 Aug 2024 06:00:00 -0400

Catch the second part of our conversation with Fernando Angelucci, where we dive deeper into self-storage strategies for maximizing profits in the self-storage market, including when to sell for the best return and how to leverage SBA loans with minimal capital. Plus, get a glimpse into Fernando’s nomadic lifestyle and how living with less has fueled his success. So tune in for actionable tips and a fresh perspective on business and life.

Key takeaways to listen for

[03:00] Current opportunities in the self-storage market as occupancy rates stabilize and rent increases return
[05:57] Fernando’s approach to strategic exit planning and determining the optimal time to sell a property
[18:19] How to use SBA loans creatively to maximize leverage and minimize out-of-pocket expenses
[22:49] Pro-storage opportunities that may offer high returns and strong tenant demand
[38:19] Ways Fernando’s minimalist, travel-focused lifestyle enhances his personal life and drives business success

Resources mentioned in this episode

[38:19] The 4-Hour Workweek by Timothy Ferriss | Kindle and Hardcover
[38:19] Vagabonding by Rolf Potts | Kindle, Hardcover, and Paperback
[40:27] At Home in the World by Tsh Oxenreider | Hardcover
[39:49] Furnished Finder
[44:43] Children's Dyslexia Centers of Cincinnati
[45:22] Live Oak Bank

About Fernando Angelucci

Fernando is a real estate professional with extensive experience in building businesses, acquisitions, and underwriting of large, complex commercial real estate equity and debt transactions spanning various markets. He has spent the last decade becoming one of the largest wholesalers in the Chicagoland area. He has successfully scaled his wholesaling business to a goliath and used the same skill sets and systems to establish and grow his self-storage portfolio.

Connect with Fernando

Website: The Storage Stud
Phone Number: 630-408-8090

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Self-Storage Strategies That Could Skyrocket Your Wealth with Fernando Angelucci Part 1

Mon, 19 Aug 2024 06:00:00 -0400

In this episode, Fernando Angelucci shares his remarkable journey from engineering to building a $230 million self-storage empire. Discover how he leveraged smart capital strategies, market timing, and operational excellence to rapidly scale his business. Fernando also reveals his insider tips for balancing risk and long-term profitability in real estate. Don’t miss this chance to learn from a true industry leader and turbocharge your investing success. Tune in now and start transforming your real estate game!

Key takeaways to listen for

[2:26] The importance of building a strong operational foundation for your business
[5:12] Why you need to strategically exit residential real estate investing
[7:15] Smart capital raising strategies for real estate investors
[21:25] The power of market timing and strategic exits
[24:54] How real estate investors need to balance long-term holds with strategic sales

Resources mentioned in this episode

[02:32] Traction by Gino Wickman | Kindle, Hardcover, and Paperback

About Fernando Angelucci

Connect with Fernando

Website: The Storage Stud
Phone Number: 630-408-8090

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

ssse.com

Mentioned in this episode:

Sponsored by Nomad Capital

Top Things Investors Need To Know To Future-Proof Your Finances with Travis Watts

Mon, 12 Aug 2024 06:00:00 -0400

Are real estate investments still worth it in 2024? Learn the answer in this episode with Travis Watts! Listen until the end as he reveals how to navigate today’s capital-raising challenges and ways you can transition from active to passive RE investing. Tune in now to elevate your investments to greater heights.

Key takeaways to listen for

[03:15] Challenges of raising capital in today's market and the importance of understanding investor sentiment
[6:24] Benefits and scalability of transitioning from active real estate investing to passive investing
[11:53] Strategies to diversify your investment portfolio effectively
[18:04] The importance of thoroughly vetting your real estate operators
[26:11] Why 2024 is a promising year for real estate investments

About Travis Watts

Travis is a proven leader in the real estate industry, where he’s been investing since 2009 in multi-family, single-family and vacation rentals. He began investing with Ashcroft Capital several years ago and has taken part in more than 30% of the Ashcroft opportunities. After experiencing above-average communication, reporting, deal volume, and performance, Travis expressed interest in joining the Ashcroft Investor Relations Team.

He also has a background in traditional Wall Street investing and obtained a Series 7 and Series 63 license while working at a major brokerage firm with more than 400 billion in assets. He now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate.

Connect with Travis

Website: speakwithtravis.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Never Miss Another Deal Through These Flexible Financing Hacks with Kevin Amolsch

Mon, 05 Aug 2024 06:00:00 -0400

Are you ready to unlock the potential of your real estate investments with innovative financing? Dive into the world of real estate financing with Kevin Amolsch as he unveils the secrets behind successful real estate investments. Listen to the full episode to learn how to navigate the challenges of today's market.

Key takeaways to listen for

[05:05] Kevin’s journey from Army service to real estate investing and how it laid the foundation for his success
[09:53] How Pine Financial Group's flexible financing solutions provide unique funding options in volatile markets
[13:22] Marketing strategies and tips to turn market challenges into opportunities
[16:57] Why patience and proper liquidity are crucial for real estate investing success
[38:28] A transformational project where Pine Financial Group converted a dark safeway into a thriving fitness center

Resources mentioned in this episode

The Pine Report
Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle and Paperback

About Kevin Amolsch

Kevin formed Pine Financial Group, Inc. in 2008 after leaving a small mortgage company as the senior loan officer for residential lending. Kevin has a degree in Finance, which he obtained after serving four years in the US Army. Kevin started out in banking, working at First Bank in the lending department while in school. From there, he started his first real estate investment company, which is still active today.

Connect with Kevin

Website: Pine Financial Group
Email: kevin@pinefinancialgroup.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

Mentioned in this episode:

Sponsored by Nomad Capital

Implement These Land Banking Strategies to Turn Dirt into Gold with Brad Warren

Mon, 29 Jul 2024 06:00:00 -0400

Discover the hidden goldmine of land banking with Brad Warren. Uncover the secrets of strategic land investments, learn how patience transforms into massive returns, and dive into real-world success stories that will inspire you. Get ready for Brad's game-changing insights on building generational wealth through land banking. Tune in now and kickstart your journey to financial freedom!

Key takeaways to listen for

[05:05] Brad’s transition from a speaking career to land banking and how his investments have grown over time
[10:04] Real-world examples of successful land investments
[13:22] How strategic land placement in growth areas may lead to substantial appreciation
[17:31] Various exit strategies and investing opportunities to turn land into a cash-flowing asset
[36:18] A proposition to possibly ensure low property taxes, making the long-term holding of land more manageable

Resources mentioned in this episode

Just Sold! The Real Estate Professional's Guide to Selling More in Less Time by Bradley K. Warren

About Brad Warren

Brad helps patient investors purchase risk-mitigated, pre-developed land in high-growth areas of Southern California. He then assists them in selling their parcels to developers who consolidate that land into larger parcels for housing, shopping centers, mixed-use projects, solar farms, and more. Multiple returns on investment are widespread. The majority of his investors use dormant or under-performing 401(k)s or IRAs to fund their investments, but they can also use cash, do a 1031 exchange, or utilize several other options.

Connect with Brad

Website: Bradley K. Warren & Associates, Inc.
Email: brad@bradwarren.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

bradwarren.com

Mentioned in this episode:

Sponsored by Nomad Capital

A Step-by-Step Guide To Win In Any Business You Choose with John T. Hewitt

Mon, 22 Jul 2024 06:00:00 -0400

Ready to transform your business strategy with insights from a true industry titan? Join us in this episode with John T. Hewitt! Tune in now and learn how to leverage franchising for scalable success, set visionary goals, and create a winning business culture. Packed with actionable advice and inspiring stories, this episode is your ticket to achieving financial freedom.

Key takeaways to listen for

[09:53] Why you need to set big, audacious goals and have a clear, convincing vision
[12:37] Importance of implementing systems for repetitive tasks to ensure efficiency and scalability in business
[16:26] What is crucial for maintaining a successful and cohesive team?
[33:03] How to achieve the key to a successful franchise
[41:22] Significance of listening to your team and customers

Resources mentioned in this episode

[01:56] Jackson Hewitt
[01:56] Liberty Tax Service

Claim your FREE copy of John’s book, “iCompete” by visiting https://loyaltybrands.com/free-icompete-book/.

About John T. Hewitt

John is an American entrepreneur, co-founder of Jackson Hewitt, sole founder of Liberty Tax Service, and current CEO of ATAX. As of late 2006, Hewitt served as CEO, chairman of the board, and president of Liberty Tax Service. These companies account for over 10,000 tax preparation offices in the United States and Canada. Additionally, John pioneered developing and using specialized tax-preparation software, which has become the industry standard.

Connect with John

Website: Loyalty Brands
LinkedIn: John T Hewitt

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Links referenced in this episode:

loyaltybrands.com

Mentioned in this episode:

Sponsored by Nomad Capital

How is Blockchain Redefining Real Estate Investing? with Roberto Capodieci

Mon, 15 Jul 2024 06:00:00 -0400

Are you ready to explore how blockchain technology revolutionizes the real estate industry? In this episode, we sit down with blockchain expert Roberto Capodieci to demystify the blockchain and its transformative impact on real estate. From fractional ownership to secure transactions, Roberto breaks down complex concepts into relatable insights. Packed with valuable knowledge and forward-thinking ideas that could reshape your investment strategies, this is an episode you won’t want to miss.

Key takeaways to listen for

[2:05] What you need to know about blockchain technology
[07:30] How does blockchain enable fractional ownership in real estate?
[08:58] Regulatory hurdles and reputational issues blockchain faces, and how they are being addressed
[13:12] Real-world uses of blockchain in real estate
[24:17] Insights on future blockchain trends in real estate and potential investment opportunities

Resources mentioned in this episode

[36:51] ZooBC: New Strategies in Blockchain by Roberto Capodieci & Barton Johnston | Paperback

About Roberto Capodieci

Roberto is a Chief Technology Officer and blockchain evangelist known for his expertise in establishing and implementing a corporate technical vision and strategic direction. He excels in strategic planning, business intelligence, team building, and decentralization. Roberto is committed to cultivating strong stakeholder relationships and driving competitive advantage through proactive collaboration with cross-functional teams. Engaging and collaborative, Roberto is a trusted partner to C-level leadership, identifying opportunities for significant savings and process improvements.

Connect with Roberto

Website: Roberto RCX Capodieci
LinkedIn: Roberto Capodieci

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

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Twitter: @trulypassive

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Mentioned in this episode:

Sponsored by Nomad Capital

Credit Unions vs. Banks: Which is Better for Your Real Estate Investment? with Mark Ritter

Mon, 08 Jul 2024 06:00:00 -0400

Tune in this episode with Mark Ritter as he shares his deep knowledge and practical tips on leveraging credit unions to secure favorable loan terms and build lasting financial relationships. Tune in to this episode to gain a deeper understanding of how credit unions can be a powerful ally in your small business and real estate investment journey.

Key takeaways to listen for

[02:42] Credit Unions vs. Traditional Banks
[05:08] Why you need to have a strong relationship with your lender
[10:40] Types of loan products available through credit unions and how they compare to traditional bank offerings
[14:01] The impact of recent economic shifts on lending practices
[17:27] How the SBA loan process became a viable option for working capital and business expansion

About Mark Ritter

Mark is the CEO of MBFS and an expert in credit unions and business lending. His primary role at MBFS is overseeing the strategy of helping credit unions assist members with business needs and consulting with credit unions on planning the delivery of services to their membership.

Connect with Mark

Website: Member Business Financial Services | Mark Ritter
Podcast: Credit Union Conversations
LinkedIn: Mark Ritter - Member Business Financial Services | LinkedIn

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YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

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Links referenced in this episode:

mbfs.org

Mentioned in this episode:

Sponsored by Nomad Capital

Unlocking the Potential of Self-Directed IRAs in Real Estate with Neil Henderson and Clint Harris

Mon, 01 Jul 2024 06:00:00 -0400

In this unique episode of Truly Passive Income, hosts Neil Henderson and Clint Harris take us behind the scenes from the Centurion Lounge in the Dallas airport. Fresh from the Quest Expo, a self-directed IRA conference, they share insights on the current state of the real estate market, the challenges of raising capital, and the strategies for investing in self-directed retirement accounts. They delve into the sentiment among investors, the impact of high-interest rates on self-storage development, and the opportunities in the self-storage industry. Listen in as they discuss the importance of diversification, the pitfalls of variable rate debt, and their personal experiences navigating the current economic landscape.

Key takeaways to listen for

[00:00:00] Introduction from the Centurion Lounge
[00:01:02] Overview of the Quest Expo and self-directed IRAs
[00:02:58] Benefits of self-directed retirement accounts
[00:04:12] Investor sentiment and challenges in the current market
[00:06:06] The importance of diversification in real estate investments
[00:08:17] Choosing the right operators and risk management
[00:12:08] The power dynamics between operators and investors
[00:14:00] Insights from the self-storage and medical professional panels
[00:17:04] Trends in the self-storage industry and REITs' pricing strategies
[00:19:56] Future outlook for self-storage development

Resources mentioned in this episode

Quest Expo: Quest Trust Company
Self-Directed IRAs: Preferred Trust Company
Equity Trust: Equity Trust Company
Connect with Neil Henderson: LinkedIn
Connect with Clint Harris: LinkedIn

Key Takeaways

Self-Directed IRAs: Investing through self-directed IRAs offers flexibility to allocate funds into various asset classes, including real estate, providing more control over retirement investments.
Current Market Sentiment: There is a cautious optimism among investors, tempered by recent market volatility and economic uncertainties, especially in multifamily real estate.
Importance of Diversification: Diversifying investments across different asset classes, operators, and geographies is crucial for managing risk, particularly in uncertain markets.
Operator Selection: Trustworthy and consistent operators are essential for long-term investment success. It's often better to invest with stable operators rather than chasing the highest returns.
Investor Relations: Operators and investors must mutually vet each other to ensure a good fit for long-term business relationships, especially in challenging market conditions.
Self-Storage Insights: Despite current challenges, the self-storage industry remains robust due to its adaptability and stable performance. Strategic market positioning and cost management are key.
Economic Influences: High-interest rates are impacting new self-storage developments, creating a pent-up demand that presents future opportunities for well-positioned operators.
REITs Strategies: Large REITs are using aggressive pricing strategies to maintain occupancy, which may affect smaller operators differently depending on their market positioning.

Follow Us On Social Media

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TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

The Key to Unlocking Profitable Self-Storage Investments with Katherine D'Agostino

Mon, 24 Jun 2024 06:00:00 -0400

Join Neil Henderson on 'Truly Passive Income' as he interviews Katherine D'Agostino, a self-storage feasibility expert. They discuss the critical importance of identifying growing and underserved markets, various aspects of conducting feasibility studies, and the nuances of investing in boat and RV storage. D'Agostino shares her journey from diversifying her business portfolio to focusing solely on self-storage and offers invaluable advice for new investors on managing projects efficiently, choosing locations wisely, and understanding market dynamics.

Key takeaways to listen for

[01:28] Katherine's Journey into Self Storage
[09:17] Financing and Market Selection
[15:46] The Importance of Feasibility Studies
[23:36] Conducting Feasibility Studies
[26:13] Initial Steps in Market Analysis
[29:14] Evaluating Market Health and Attitudes
[30:23] Budgeting and Funding Strategies
[30:57] Boat and RV Storage Insights
[32:06] Understanding Customer Behavior
[33:02] Navigating Market Data and Regulations
[36:34] Challenges and Opportunities in Boat and RV Storage

About Katherine D'Agostino

Katherine D'Agostino founded Self-Storage Ninjas, a consultancy specializing in feasibility studies for self-storage, boat and RV storage, storage condos, and flex warehouses. With extensive experience as an owner and developer of multiple storage facilities, she provides critical market analysis to help clients make informed decisions about their storage projects. Katherine is a frequent speaker at industry events and a contributor to top-tier publications. Her consultancy aims to empower clients by offering detailed, data-driven insights and long-term support throughout their development journey

Connect with Katherine

Website: Self-Storage Ninjas
Contact: Contact Katherine

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

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Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Revamp Your Real Estate Game and Unlock Generational Wealth with Dwan Bent-Twyford

Mon, 17 Jun 2024 06:00:00 -0400

Are you ready to revolutionize your real estate investing strategies and build generational wealth? We sit down with Dwan Bent-Twyford as she shares how she went from wholesaling over 2,000 houses to revitalizing entire downtown areas, creating tremendous value and community impact. Dial now to get actionable tips and strategies on making smarter investments and securing long-term financial freedom.

Key takeaways to listen for

[01:01] How Dwan began her real estate journey with just $75 and turned it into a successful career
[02:38] A step-by-step approach to wholesaling over 2,000 houses and consistently finding great deals.
[05:20] The importance of building efficient systems and assembling a reliable team
[13:15] Multiple benefits of investing in opportunity zones
[24:49] Innovative ways to educate your children about business and investing

Resources mentioned in this episode

[25:00] The Millionaire Next Door by Thomas J. Stanley and William D. Danko | Hardcover and Paperback
[27:02] Think and Grow Rich by Napoleon Hill | Kindle, Paperback, and Hardcover
[27:03] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[27:05] Tony Robbins Books

About Dwan Bent-Twyford

Dwan Bent-Twyford is America's most sought-after real estate investor coach. She has been featured in interviews and articles on over 500 media outlets. Dwan's podcast has grown in popularity for the past four years and is now among the top 700 business podcasts globally.

Connect with Dwan

Website: Dwanderful
Podcast: The Most Dwanderful Real Estate Podcast Ever! | Apple Podcasts and Spotify

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

dwanderful.com

Mentioned in this episode:

Sponsored by Nomad Capital

Smart Investing Tips to Balance Risk and Reward in Real Estate with Kevin Tornes

Mon, 03 Jun 2024 06:00:00 -0400

Whether you're just starting your journey or looking to optimize your portfolio, this episode is for you! It’s packed with practical strategies that highlight the power of real estate in achieving financial independence. Press play and join us as Kevin Tornes shares his diverse investment strategies, from house hacking to earning passive income through syndications.

Key takeaways to listen for

[06:03] How to transition from primary residences to investment properties and the challenges of becoming a landlord
[11:47] Importance of having a supportive spouse when investing in real estate
[19:08] Ways diverse investment strategies can serve as your financial safety nets
[23:53] The financial implications of leveraging equity and the risks associated with real estate debt
[27:21] An approach to building a portfolio that supports your personal and financial goals

Resources mentioned in this episode

[03:06] BiggerPockets
[13:57] MLS.com

About Kevin Tornes

Kevin is the Senior Manager of Sales Operations at nCino, Inc. He is a skilled business operations analyst with experience in deal desk operations, order management, ERP project management, and IIOT software monitoring for customers. Using CPQ in Salesforce, he has managed software services costing, pricing, scope definition, and proposal creation for software services teams worldwide.

Connect with Kevin

LinkedIn: Kevin Tornes

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Next-Level Real Estate Techniques to Revolutionize Your Investment Portfolio with Josiah Smelser

Mon, 27 May 2024 06:00:00 -0400

Unlock the secrets to transforming your financial destiny as we explore actionable strategies for leveraging properties for maximum profit and innovative ways to optimize your investment portfolio for greater returns. If you're seeking to elevate your investment game and achieve financial independence, this episode with Josiah Smelser is perfect for learning how to navigate the complexities of the real estate market.

Key takeaways to listen for

[02:12] Initial steps and challenges in real estate investment and how to solve them
[09:07] Strategic shifts from traditional rentals to high-yield vacation properties
[12:44] The logistics and benefits of managing properties with a focused, in-house team
[21:03] The future of investing and the potential shift toward syndication
[37:48] How to manage substantial equity and the considerations for repositioning assets

Resources mentioned in this episode

[34:04] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle and Paperback

About Josiah Smelser

Josiah is a financially independent real estate investor and former college finance professor with 20 years of investing experience. He is dedicated to equipping people with the tools to achieve financial independence, build wealth, and live life on their own terms. His mission is to help a million people break free from bad debt, invest in real estate, achieve financial independence, and do meaningful work while giving back to help others.

Josiah's expertise includes wealth building, real estate investing, personal finance, budgeting, eliminating bad debt, entrepreneurship, and overcoming limiting beliefs.

Connect with Josiah

YouTube: Josiah Smelser

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Innovative Tools That’ll Define The Future of Self-Storage Investing with Tyler Sellars

Mon, 20 May 2024 06:00:00 -0400

Turn challenges into opportunities for growth with Tyler Sellars as he unveils how strategic shifts and embracing technology have allowed him to thrive in a fluctuating market. Press play to discover the secrets to managing a global investment portfolio and making data-driven decisions to elevate your own real estate ventures today.

Key takeaways to listen for

[04:41] Advantages of self-storage investment over traditional residential properties
[10:01] The impact of geographical flexibility on investment opportunities and lifestyle
[16:10] Risks and rewards of development vs. acquisition in self-storage
[25:51] High interest rates and their effect on storage facility operations
[39:04] The role of innovative technology in managing self-storage investments from abroad

Resources mentioned in this episode

Ready to revolutionize your real estate game? Go to https://www.trycactus.com/blog/introducing-cactus and gain a deep understanding of your self-storage investments' performance while seamlessly managing your financials.

About Tyler Sellars

Tyler is a Canadian entrepreneur based in Spain, currently serving as the CEO of TryCactus.com. He has been investing in self-storage for three years and in real estate for six. Tyler's journey began in 2018, shortly after graduating from college, when he posted a heartfelt plea on Instagram seeking a down payment to secure a 7-bedroom rooming house. This successful acquisition kickstarted his investment journey.

Despite early challenges, including a global pandemic that complicated the real estate market, Tyler's strategic decisions led to significant growth. Eventually, at 27, he sold all his properties and shifted his focus to the self-storage industry, founding SimpleStorage.ca. This venture quickly became a leading name in the storage industry with three locations and expanded services, including third-party management and franchising options. Tyler attributes his success to the foundational support from his first investors and a relentless pursuit of innovative business strategies.

Connect with Tyler

Website: Cactus
LinkedIn: Tyler Sellars

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Effective Tactics to Profit from Flipping High-Value Properties with Dan Breslin

Mon, 13 May 2024 06:00:00 -0400

Uncover the secrets to successful house flipping with Dan Breslin. Press play to learn how he buys out high volumes of properties and manages renovations from market to market but still sees over 300 successful transactions yearly. Elevate your flipping game and turn market challenges into opportunities by tuning in now!

Key takeaways to listen for

[00:43] Benefits of hosting a real estate podcast and its impact on personal and business growth
[02:20] How to transition to flipping higher-value properties and how it influences your profit margins
[05:28] Strategies for managing risks in house flipping
[10:23] The positive effect of strategic property investments on revitalizing neighborhoods
[25:14] Why you need to stay adaptable in a fluctuating real estate market

Resources mentioned in this episode

About Dan Breslin

Dan's experience in real estate began in his youth. His grandfather served as the property manager for the Archdiocese of Philadelphia’s real estate portfolio from the 1950s through the mid-1980s. Dan learned the business of fixing up houses firsthand, growing up working on the construction sites of his father’s contracting business.

He was raised in Drexel Hill, a suburb of Philadelphia. In 2014, Dan moved to Chicago to be a more present father to his then-middle school-aged daughter. This move marked the beginning of Diamond Equity, which started buying houses in the Philadelphia market and then expanded to Chicago.

Connect with Dan

Website: Diamond Equity Investments
Podcast: REI Diamonds

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

Mentioned in this episode:

Sponsored by Nomad Capital

Maximize Your Investment Returns with This Tax-Deferred Strategy

Mon, 06 May 2024 06:00:00 -0400

Do you want to learn how to structure your investments for maximum financial benefit? Explore innovative strategies for leveraging foundations to gain tax advantages and receive invaluable tips on optimizing asset appreciation from expert Shannon Robnett. Tune in now to transform your approach to investing and achieve greater financial freedom.

Key takeaways to listen for

[03:57] How different tax strategies can be effectively utilized across various real estate investments
[06:09] A way to have better control over your tax obligations and long-term financial planning
[11:56] How to structure investments and plan taxes to maximize returns and minimize tax liabilities
[29:54] The importance of selecting the right markets to invest in based on economic indicators
[32:07] The impact of wage growth on property value increases and rental income potential

About Shannon Robnett

Shannon is a real estate developer with a principal focus on multifamily and industrial real estate in Idaho. He is a second-generation builder and fourth-generation realtor. Mr. Robnett has lived in Idaho for 40 years and has spent 25+ years as a developer and builder in that market. His projects include multifamily, fire stations, schools, hospitals, police stations, and more, with $200M in personal transactions to date.

Connect with Shannon

Website: Shannon Robnett
Email: info@shannonrobnett.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

shannonrobnet.com

Companies mentioned in this episode:

Bill and Melinda Gates Foundation
Warren Buffett
Rockefeller Foundation

Mentioned in this episode:

Sponsored by Nomad Capital

A Real Estate Investing Strategy That Aligns with Your Lifestyle Goals with Tyler Smith

Mon, 29 Apr 2024 06:00:00 -0400

Discover the transformative journey of transitioning from active to passive real estate investing in this episode with Tyler Smith. Learn how to maximize your investment returns while minimizing personal time investment as we share invaluable insights into strategies for a better work-life balance. Don't miss out on this opportunity to reshape your financial future!

Key takeaways to listen for

[02:40] How and why you should shift from active to passive real estate investing
[04:10] Operational challenges in managing Airbnb properties and short-term rentals
[09:59] Long-term financial strategies and how to further diversify and secure your investment portfolio
[19:58] Why you need to have the right network to succeed in real estate investing
[23:07] The importance of aligning your investment strategies with your lifestyle goals

Resources mentioned in this episode

[22:18] Outlive by Peter Attia MD and Bill Gifford | Kindle, Hardcover, and Paperback

About Tyler Smith

Tyler is a real estate professional with a solid background in sales and management. He leverages his insight into community dynamics and market trends to offer clients honest guidance for making profitable property investments.

He was a top producer in corporate medical sales before transitioning to real estate. He is committed to providing excellent customer service and building lasting relationships. Tyler also coaches strength conditioning and is actively involved in philanthropic causes. He lives in Carolina Beach with his family and enjoys contributing to community upliftment.

Connect with Tyler

Phone Number: (610) 573-0706

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Revolutionary Insights from the Best Ever Real Estate Conference

Mon, 22 Apr 2024 06:00:00 -0400

Ready to revolutionize your real estate journey? Listen now as we share powerful insights from the Best Ever Conference. Perfect for anyone curious about real estate investment and syndication, this episode is packed with essential strategies, the latest industry trends, and incredible networking opportunities. Tune in now and discover how such transformative events can supercharge your investment career!

Key takeaways to listen for

[01:37] How attending real estate conferences can change professional trajectories and expand networks
[04:10] The significance of networking with top-level investors
[07:26] Insights into Nomad Capital’s participation in the Pitch Slam event
[12:42] Advantages of understanding syndication and the long-term value creation in commercial real estate
[24:04] Reflections on how the conference serves as a team-building and strategic planning platform

Resources mentioned in this episode

[00:25] Best Ever Real Estate Conference
[00:52] Best Real Estate Investing Advice Ever
[00:54] Best Ever Apartment Syndication Book by Joe Fairless and Theo Hicks | Paperback and Kindle

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

The True Essence of Real Estate Investing with Jonathan Greene

Mon, 08 Apr 2024 06:05:00 -0400

Step into the world of real estate investing with Jonathan Greene. He shatters traditional cash flow myths and reveals the ultimate investment treasure and how you can achieve it. So listen until the end for an enlightening episode that promises to redefine your approach to real estate and life itself!

Key takeaways to listen for

[04:44] Significance of appreciation over volume in real estate investing
[09:49] The problem with new real estate investors and how to solve it
[16:24] How a mindful approach can redefine success in real estate
[26:46] Importance of family, legacy, and setting a foundation for future generations
[32:53] Strategies for becoming a more focused and informed investor

Resources mentioned in this episode

[23:37] The Wealthy Gardener by John Soforic | Kindle, Hardcover, and Paperback
[23:55] Zen and the Art of Happiness by Chris Prentiss | Kindle, Hardcover, and Paperback

About Jonathan Greene

Jonathan Greene is a thought leader in the real estate and real estate investing space. He is the host of one of the fastest-growing real estate investing podcasts in the world, Zen and the Art of Real Estate Investing. Jonathan is the Team Leader of Streamlined Properties, brokered by ΓEA⅃, a multi-state team of professional, knowledgeable, and proficient real estate agents built to connect with clients who need agents to understand exactly what they are looking for.

Connect with Jonathan

Website: Jonathan Greene | Streamlined Properties
Podcast: Zen and the Art of Real Estate Investing
Instagram: @trustgreene
YouTube: Jonathan Greene

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

trustgreen.com

Mentioned in this episode:

Sponsored by Nomad Capital

How NAR’s New Commission Structures are Reshaping Real Estate

Mon, 01 Apr 2024 06:00:00 -0400

Are you feeling uncertain about the National Association of REALTORS® recent commission adjustments? Then this episode is for you! From strategizing property sales in this new era to understanding the long-term shifts towards passive investment models, we’ll guide you through making informed decisions in a landscape that's no longer what it used to be. Press play to hear more.

Key takeaways to listen for

[00:59] A detailed overview of the lawsuit against the NAR
[05:02] How the NAR lawsuit could impact new home buyers
[10:02] The effect of the NAR lawsuit on real estate agents
[17:12] Why you should shift to passive real estate investing
[20:39] Importance of adapting to market changes and foreseeing opportunities in real estate

Resources mentioned in this episode

[01:14] National Association of REALTORS®

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Why You NEED To Know About Interest Rate Impacts on Commercial Real Estate

Mon, 25 Mar 2024 06:00:00 -0400

Delve into the intricate dance between cap rates and interest rates and their profound influence on the commercial real estate landscape! Join us in a thought-provoking conversation about strategies for investors to pivot and prosper regardless of economic fluctuations. So, if you want to navigate the complexities of commercial real estate in any market condition, tune in to this episode!

Key takeaways to listen for

[00:57] How shifts in interest rates directly impact property values and what this means for investors
[05:47] The challenges and opportunities presented by the historic rise in interest rates
[07:42] Strategies for staying resilient and successful amidst changing market conditions
[10:39] Lessons learned from an investor about the risks of not diversifying debt structures
[13:17] Predictions on the future and impact of interest rates for the rest of 2024

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Reach Financial Freedom (Ways to Get You There) with Gary Wilson

Mon, 18 Mar 2024 06:00:00 -0400

Dive deep into the fascinating world of real estate investing with Gary Wilson as he shares his transition from national banker to achieving financial independence by age 40. Learn about his strategies in property management, establishing businesses based on real estate, and the critical role of education and mentorship. Tune in for a compelling conversation that could redefine your approach to real estate and entrepreneurship.

Key takeaways to listen for

[01:01] Gary’s childhood influences and the power of mentorship
[03:43] A timeless strategy of house hacking and its foundational role in real estate investment
[13:12] Ways to build a real estate-driven business empire
[20:17] How to forge a legacy centered on education and empowerment
[26:26] The role of education in attaining real estate success

Resources mentioned in this episode

[05:02] Carleton H. Sheets' NO DOWN PAYMENT 12-CD Audio Program!
[22:11] Investor Agent: Making More Money Not More Work by Gary Wilson | Paperback
[13:12] Rich Dad's CASHFLOW Quadrant by Robert T. Kiyosaki | Paperback, Kindle, and Spiral Bound

About Gary Wilson

Gary is the training and product development director and lead coach in The Global Investor Agent Team. At 40, he retired as a Corporate Vice-President of Mergers & Acquisitions in National Banking. In the first 6 months after earning a real estate license, he created 6 figure income, working with Investors, completing over 100 transactions per year consistently every year without a sales team or assistant, with virtually no marketing costs. Gary traded over 3,000 Investment properties in less than 5 years while developing five real estate holding companies and owning more than 250 Rental Units. He became a self-made multi-millionaire by building a real estate enterprise, including a brokerage, property management company, investment, settlement, and appraisal services.

Connect with Gary

Website: Global Investor Agent Team

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

globalinvestoragent.com

Mentioned in this episode:

Sponsored by Nomad Capital

Best Tips to Build Generational Wealth in Real Estate with Jimmy Vreeland

Mon, 11 Mar 2024 06:00:00 -0400

Join Jimmy Vreeland as he delves into a range of real estate strategies, from long-term plays to alternative investments. Explore the profound impact of scarcity on the market in this insightful episode, and tune in for valuable insights and actionable advice to empower your journey in real estate and finance.

Key takeaways to listen for

[04:28] The importance of shared goals to create a thriving team
[09:28] Real estate investment tips for high-income earners
[13:24] Long-term investment strategies for the 2024 real estate market
[20:28] Alternative ways to build wealth in real estate
[25:16] How scarcity is reshaping real estate investing

Resources mentioned in this episode

[01:02] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[01:56] Kolbe Test
[05:03] How Leadership (Actually) Works by Larry Yatch | Kindle, Paperback, and Hardcover

About Jimmy Vreeland

Jimmy Vreeland, a West Point graduate and Army veteran, transitioned to the private sector after a distinguished military career. He excelled in sales, then turned his focus to real estate, succeeding in acquiring and managing properties for himself and others. In 2018, he co-founded CashFLow Tactics to empower investors with real estate education.

Connect with Jimmy

Website: Vreeland Capital
LinkedIn: Jimmy Vreeland
Instagram: @jimmyvreeland

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Scale Your Business by Forming Your Own Board of Directors with Dan Pierson

Mon, 04 Mar 2024 06:00:00 -0400

Join us in this episode with Dan Pierson as he takes us on his entrepreneurial journey, from simple college ideas to real estate triumphs. Discover his strategy for building a personal board of directors and the transformative power of advice over mere finances. Don't miss this enriching conversation on the keys to entrepreneurial success.

Key takeaways to listen for

[10:46] Benefits of shifting from operational to capital-focused roles in the real estate industry
[16:57] Why and how you should build your own board of directors
[23:00] Metrics to consider when building your own boardroom
[25:33] Ways to identify the right operators for your real estate business
[28:58] Things to examine when doing asset class expansions

Resources mentioned in this episode

About Dan Pierson

Dan is the Managing Partner of Pierson Equity Group. He is leading the company using his insight and long-standing relationships in commercial real estate. He was a collegiate athlete at the University of Cincinnati from 2010 to 2013 while studying business and entrepreneurship. He started pursuing commercial real estate in 2011 by attempting to buy out a large operator of parking garages in Cincinnati, Ohio, before finding a great opportunity in the fitness industry.

Dan purchased his first operational fitness center in 2012 at the age of 20. His success in the fitness industry paved the way for expansion into different regions with multiple locations. He started a business intermediary firm in 2019 and has exclusively sold over $4 million in small businesses and assisted in the sale of over $50 million of real estate. He spent years building relationships with some of the top apartment buyers in the nation before launching Pierson Equity Group.

Connect with Dan

Website: Pierson Equity Group
Email: dan@piersonequity.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Links referenced in this episode:

pearsonequitygroup.com

Mentioned in this episode:

Sponsored by Nomad Capital

Alternative Investing Tips and Strategies for 2024 with Erik Hemingway

Mon, 26 Feb 2024 06:00:00 -0400

In this captivating panel discussion, Clint Harris and Erik Hemingway explore their transformative journey in real estate investing. Discover the strategic steps that propelled them beyond financial independence, granting them genuine control over their time and life decisions. Whether you're a novice investor or have some experience, this episode has valuable insights tailored for you.

Key takeaways to listen for

[05:35] Core values and beliefs held by successful investors
[10:26] Main reasons to change your existing business strategy
[22:39] Advantages of choosing the right asset class to invest in
[37:22] Importance of return on equity for investors
[33:30] Is liquidating your multifamily portfolio for something less labor-intensive a good idea?

Resources mentioned in this episode

[03:46] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback
[24:09] BiggerPockets
[25:04] Airbnb
[26:07] Left Field Investors

About Erik Hemingway

Erik Hemingway is the Founder of Nomad Capital, a company syndicating self-storage, specializing in conversions throughout the Southeast. He is the Owner and President of Elm Builders LLC, a commercial and property development company.

Connect with Erik

Website: Nomad Capital

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Put Your Money to Work in Passive Multifamily Investments with Ed Mathews

Mon, 19 Feb 2024 06:00:00 -0400

Join Ed Mathews on a journey into the world of passive investing in multifamily real estate. Learn from his firsthand experiences, uncover the origins of his investing journey, and understand why he strategically shifted towards fewer buildings. Don't miss out on this opportunity to tune in and gain valuable insights!

Key takeaways to listen for

[02:38] Classic ways to educate yourself about real estate
[08:12] Why going for fewer but bigger buildings is a better investment strategy
[11:53] Lessons you can learn during your real estate journey
[20:51] Effective strategies when starting a real estate business
[23:50] Proven tactics for multifamily real estate investors

Resources mentioned in this episode

[02:42] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Mass Market Paperback, and Paperback
[06:46] Airbnb

About Ed Mathews

Ed is a seasoned executive, leveraging the experience he earned during his 20 years in service of world-class Silicon Valley companies to take advantage of US commercial real estate market opportunities and mentor real estate investors. He is the President of Clark St Capital, focusing on multifamily and mixed-use investment properties in Connecticut and throughout the US.

He obtained his Bachelor’s degree in English, majoring in Mass Communications at Villanova University.

Connect with Ed

Website: Clark St Capital
Podcast: Real Estate Underground on Apple Podcasts

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

It’s Never Too Late To Protect Your Assets! with Scott Royal Smith, Esq.

Mon, 12 Feb 2024 06:00:00 -0400

Explore the essential aspects of asset protection in wealth building in this engaging discussion with Scott Royal Smith, Esq. Press play to gain valuable insights that will shift your perspective on investing, and join us for an eye-opening conversation that emphasizes how smart financial decisions can pave the way to your ideal lifestyle.

Key takeaways to listen for

[07:02] When should you start asset protection planning?
[08:48] The best asset protection strategies and how they work
[14:54] The consequence of not having an asset protection plan
[17:07] Investing tips to help you make the most of your money and life
[25:33] Why you shouldn’t wait to live your life until you’re financially free

Resources mentioned in this episode

[17:47] TIGER 21
[17:48] GoBundance

Access a collection of resources to help you on your journey to becoming financially free by visiting https://vault.royallegalsolutions.com/landing?space. Sign up now to be the CEO of your own wealth-building company!

About Scott Royal Smith, Esq.

Scott is a former litigator who now helps real estate investors protect their assets. He is personally and currently invested in every real estate asset class. He obtained his Bachelor's degree at Hillsdale College and his Doctor of Law (JD) at Albany Law School.

In 2014, he founded Royal Legal Solutions. Since then, he has built a nationwide team of 30 – including 4 attorneys, 8 paralegals, CPA/MBA/CFO, insurance agents, and investing specialists – and they protect over 1.2 billion in assets for over 2000 real estate investors nationwide.

Connect with Scott

Website: Royal Legal Solutions

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Build A Passive Income Portfolio By Investing Only 2 Hours A Month with Brett Riggins

Mon, 05 Feb 2024 06:00:00 -0400

Get ready for an insightful look into a smart business approach that lets you build a passive income portfolio while working a full-time job. Tune in as we talk with Brett Riggins about Physician Wealth Systems and how it can help investors. So, if you’re a high-income earner wanting to diversify your portfolio, this is an episode you won’t want to miss!

Key takeaways to listen for

[04:15] Physician Wealth Systems: What it is, how it works, and its advantages
[14:01] Significance of understanding market trends and cycles in real estate
[21:19] What is the shiny object syndrome, and how do entrepreneurs deal with it?
[23:25] Pros and cons of accepting Section 8 tenants
[29:23] A typical exit strategy for a long-term high-income investor

Resources mentioned in this episode

[18:09] Zillow
[18:11] Explore Street View

About Brett Riggins

Brett is a twenty-year veteran of the real estate business whose passion is helping people connect with the life they want. He is the Founder of Connect Home Buyers, LLC and Physician Wealth Systems.

Brett graduated from Western Michigan University with a degree in Construction Engineering. He is a mentor, podcaster, public speaker, and coach based out of Charlotte, North Carolina, where he lives with his wife and two kids. He connects people across the country and beyond with the tools they need to create the life they want.

Connect with Brett

Website: Physician Wealth Systems

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Pick The Ideal Strategy to Fit Your Unique Financial Profile

Mon, 29 Jan 2024 06:00:00 -0400

Are you having difficulty selecting the most effective investment method for yourself? Join us in this insightful episode as we discuss the pros and cons of various popular investment strategies, empowering you to make informed investment decisions. Tune in now!

Key takeaways to listen for

[03:24] Why you need to begin with the destination in mind
[04:44] Pros and cons of turnkey properties
[09:01] BRRRR method: What it is and how does it work?
[16:00] How to choose the right investing strategy for you
[20:23] Benefits of investing in real estate syndications

Resources mentioned in this episode

[21:13] Nomad Capital
[21:59] Airbnb

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Is Angel Investing Worth It For Passive Investors? with Jeff Barnes

Mon, 22 Jan 2024 06:00:00 -0400

Drawing on his military background, Jeff Barnes applies a systematic approach to the business world, emphasizing the advantages that have fueled his success in navigating the distinctive landscape of angel investing. Join us to gain valuable insights and delve into the strategic mindset that has contributed to his success in this investment niche.

Key takeaways to listen for

[16:36] How the Angels and Heroes Growth Fund started
[19:14] Simple steps to attract angel investors to your startup
[24:52] Guidelines for conducting due diligence in angel investing
[31:45] Best angel investing practices from an angel investor
[35:29] Core lessons from Jeff’s book “The Ultimate Guide to Self-Directed Investing & Retirement Planning”

Resources mentioned in this episode

[16:36] Angels & Heroes Venture Growth Fund
[16:38 | 30:15] C-Suite Network
[35:07] The Ultimate Guide to Self-Directed Investing & Retirement Planning by Jeff Barnes | Paperback

About Jeff Barnes

Jeff is a US Navy Veteran, a Risk Manager and Director, a technology enthusiast, a business growth expert adviser, and a management consultant. He is currently the CEO and Chairman of the Executive Board of Angel Investors Network and the Founder of Digital Evolution Marketing Group.

Jeff supports nonprofits supporting military events and spends most of his time helping CEOs and founders of growing companies automate, systematize, and scale their businesses.

Connect with Jeff

Website: Angel Investors Network
LinkedIn: Jeff Barnes

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Secure Your Child's Future with This Smart College Savings Strategy

Mon, 15 Jan 2024 06:00:00 -0400

Are you considering early savings for your kids' college education? Then, this is an episode you won't want to miss! From diverse strategies to actionable tips, today's conversation is a goldmine for parents aiming to pave the best educational path for their children. So, go ahead and press that play button!

Key takeaways to listen for

[01:18] How to save for your kids’ college education through real estate investing
[14:10] Advantages of investing in real estate vs. an IRA for your kids’ college fund
[25:42] Pros and cons of using a real estate syndication as a type of 529 college fund
[26:59] The do’s and don’ts of investing money in real estate syndications
[30:32] Ways to teach kids the value of money

Resources mentioned in this episode

[15:15] 529 Plan Withdrawal Rules: All You Need To Know – Forbes Advisor
[18:55] Retire Early Using 1031 Exchanges
[23:06] Nomad Capital
[23:44] Kmart
[25:57] Airbnb

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Investment Opportunities Investors Need To Know About in Self-Directed IRAs with Anne Marie Rogers, CISP

Mon, 01 Jan 2024 06:00:00 -0400

In this episode, Anne Marie Rogers, CISP, delves into the realm of self-directed IRAs and alternative investments, offering valuable insights to help you navigate these financial avenues. Tune in to gain a deeper understanding of how these unique investments work and uncover effective strategies to enhance your financial journey today!

Key takeaways to listen for

[0:42] Self-directed IRA: What it is, how it works, and what alternative investments you can use it on
[11:26] What you need to know before investing using your 401k and IRA
[17:00] An effective way to leverage your self-directed health savings account
[20:45] The importance of diversifying your investment portfolio
[22:26] Perks of joining an investor network

Resources mentioned in this episode

[04:52] Airbnb
[04:54] Vrbo
[11:17] Nomad Capital

About Anne Marie Rogers, CISP

Anne Marie is the Vice President of Sales and Business Development of Quest Trust Company. In this role, she defines strategic sales plans and company objectives to maximize the growth of the company.

In the past, she has been a Sales Officer and Marketing Director of the same company and a Certified IRA Services Professional (CISP) from 2015 until the present. She helps clients in investing in a variety of private assets and is actively involved in educating individuals about investment options. She has a degree in Bachelor of Arts in Communication from St. Edward’s University and is currently based in Houston, Texas, USA.

Connect with Anne Marie

Website: Quest Trust Company
Phone: 855-386-4727

Follow Us On Social Media

Mentioned in this episode:

Sponsored by Nomad Capital

Year End Special: Truly Passive Income’s Best of 2023

Mon, 25 Dec 2023 06:00:00 -0400

Join Neil and Clint as they take a trip down memory lane and revisit the podcast's top moments of 2023. Tune in and learn which episodes garnered love or criticism on social media, and gain insights and lessons about passive income from the content of the past year.

Resources mentioned in this episode

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Future-Proof Your Legacy through Estate Planning with Natalie Perry, CPA

Mon, 18 Dec 2023 06:00:00 -0400

Click play and take the first step towards a more secure tomorrow in today’s episode with Natalie Perry, CPA. Listen in for a thought-provoking discussion on estate planning and its importance in safeguarding your family’s future. This is a conversation you won’t want to miss!

Key takeaways to listen for

[00:37] What is estate planning, who needs it, and why is it important
[11:09, 24:08] How does estate planning help your beneficiaries and future generations?
[15:11] The risks of not having an estate plan
[20:54] How much does estate planning cost
[31:01] Why you need to name your kids’ guardians in your will
[36:22] Ways your estate plan can give to charity and its benefits

Resources mentioned in this episode

[37:15] IRS

About Natalie Perry, CPA

Natalie is an attorney at Harrison LLP. She helps clients address estate planning and probate legal issues. She graduated in 1995 from DePaul University College of Law and was admitted to practice law in 1995. She represents clients in the Chicago area.

Natalie is a frequent speaker at professional education events for attorneys and accountants. Natalie was elected as a Fellow of the American College of Trust and Estate Counsel (ACTEC) in 2016. She is currently chair of the Communications Committee and an active member of the Business Planning Committee for ACTEC.

Natalie is also a member of the board of directors of the Chicago Estate Planning Council. From 2018 through 2019, Natalie was Chairperson for the Hinsdale Hospital Foundation.

Connect with Natalie

Website: Harrison LLP
LinkedIn: Natalie M. Perry CPA JD

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Earn Tax-Protected Retirement Wealth via Self-Directed IRAs with Carrie Cook

Mon, 11 Dec 2023 06:00:00 -0400

Explore the untapped potential of your retirement fund with Carrie Cook in this engaging discussion on self-directed IRAs. Gain insights into the various types, uncover the associated benefits and challenges, and stay tuned until the end to empower your retirement journey. Don't miss out on maximizing your earning potential – join the conversation today!

Key takeaways to listen for

[01:22] What are the 4 types of IRAs, how they work, and which one is right for you
[10:41] Top 3 alternative investment assets and the factors that impact them
[19:28] Expert tips to help you avoid becoming a naive investor
[27:00] Roth IRA vs. Traditional IRA: Their benefits and key differences
[38:07] Biggest mistakes people make when investing retirement funds into alternative assets and how to solve them

Resources mentioned in this episode

[15:38] Delaware Depository
[15:42] Brink’s
[19:12] Airbnb
[28:10] Bitcoin
[30:43] Facebook

About Carrie Cook

Carrie currently serves as President of Ignite Funding and CEO of Preferred Trust Company. With 17 years of expertise in private lending, she holds licenses from the Nevada Mortgage Lending Division and the Arizona Department of Financial Institutions.

Under Carrie's leadership, Ignite Funding has funded over $1 billion, emphasizing growth while preserving investor capital. As CEO of Preferred Trust Company, a licensed retail trust company specializing in alternative assets for IRA owners, Carrie oversees all aspects, demonstrating her commitment to transparency. She is a certified Self-Directed IRA Professional and has garnered recognition in notable financial publications and industry awards.

Connect with Carrie

Website: Preferred Trust Company

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

How Investors Acquire Holistic Wealth and Prosperity with Zach Oehlman

Mon, 04 Dec 2023 06:00:00 -0400

Get ready for a motivating discussion with Zach Oehlman about the power of real estate in creating opportunities for time and financial freedom. Join us as we go over his investment journey to discover not only the keys to success but also the path to purposeful and joyful living. So keep listening until the end of this episode!

Key takeaways to listen for

[10:58] Importance of a good sales and marketing team in business success
[14:06] Real estate classes to invest in to maximize benefits and returns
[21:42] The mindset you need to be highly successful and happy
[28:56] Benefits and essential aspects of making money online
[32:29] Why following the gold standard might be a terrible idea

Resources mentioned in this episode

[01:18] One Up On Wall Street by Peter Lynch | Kindle and Paperback
[07:02] Genius in 21 Days
[16:19] Nomad Capital
[16:30] Airbnb
[35:53] Bitcoin

About Zach Oehlman

Zach is the founder of Learn and Grow Rich, a dynamic platform empowering individuals to attain holistic wealth and prosperity. Zach’s background is rooted in a small farming community in Northwest Indiana, where he learned the values of hard work and perseverance. After earning a double degree in Finance and Business from Indiana University, he went on to work as a commodities broker at the Chicago Board of Trade. He eventually became a high-end financial consultant.

After his corporate job, Zach became an entrepreneur and now runs multiple companies with over 45 people in 11 countries. His focus is on starting, scaling, and selling businesses. He and his wife have been traveling the world full-time for the last 3.5 years.

Connect with Zach

Website: Learn and Grow Rich
Blog: Blog - Indiana Oehlman

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Cracking the Code on Cost Segregation Tax Savings for Passive Investors

Mon, 27 Nov 2023 06:00:00 -0400

Neil Henderson chats with Erik Oliver, president of Cost Segregation Authority, to introduce the exciting world of cost segregation and how it can save passive real estate investors a bundle on taxes. Turn up the volume to learn how cost segregation studies work, when they make sense to pursue, plus tips and tricks for maximizing tax savings.

Timestamps

[1:40] What is a cost segregation study and how does it work?
[4:45] Real-life examples of cost segregation savings
[8:30] Bonus depreciation rules explained
[12:10] Using cost seg to offset W-2 income
[17:30] Estimated cost and expected savings
[23:20] Managing depreciation recapture
[29:20] Other strategies to minimize taxes

Key Takeaways

Cost segregation accelerates depreciation deductions by breaking out components of a property into shorter useful lives
Studies make the most sense on larger commercial properties but can also benefit residential
30-35% frontloaded depreciation is typical, more with bonus rules
Deductions can offset other passive or active income if you meet qualifications
Expect at least 10x return for cost of study
Must understand depreciation recapture tradeoffs over long-term

Resources

Cost Segregation Authority Website: www.costsegauthority.com
Erik's Email: erik@costsegauthority.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

What is DST | Unveiling an Uncharted Investment Frontier with Trevor Flor

Mon, 13 Nov 2023 06:00:00 -0400

Trevor Flor chats with us in today’s episode to introduce an uncommon investment opportunity – Delaware Statutory Trusts (DST). Dial in to learn the ins and outs of DSTs, plus some tips for maximizing returns using this investment vehicle. Redefine how you approach investing now!

Key takeaways to listen for

[11:42] Delaware Statutory Trust: What it is and how it solves the TIC problem
[18:13] 1031 exchange vs. DST 1031 exchange
[20:40] Why DST is more costly than a normal syndication
[28:00] Optimal investment strategies when using DST
[32:00] How to know if you are eligible for a DST portfolio
[40:37] An example of a successful DST story

Resources mentioned in this episode

[09:07] Episode 17: Retire Early Using 1031 Exchanges with Dave Foster | YouTube and Podcast
[50:31] Google

About Trevor Flor

Trevor is a financial advisor specializing in 1031 exchanges, Qualified Opportunity Zones (QOZ), and tax-advantaged real estate syndications. He helps accredited investors preserve the benefits of real estate ownership without the direct-owner headaches.

Trevor holds an MBA Degree from the University of North Carolina and a Master's Degree in Real Estate from Fordham University in New York City. He is currently affiliated with DAI Securities, LLC, a member of FINRA/SIPC.

Connect with Trevor

Website: DAI Securities
LinkedIn: Trevor Flor
Email: trevorf@daisecurities.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

How To Avoid The 401k Highway To Financial Mediocrity with Chris Odegard

Mon, 06 Nov 2023 06:00:00 -0400

Chris Odegard joins us in today’s episode to talk about the world of alternative investments and why they outperform conventional options. Don’t miss out on his insights on various real estate asset classes, limited partnership advantages, and essential tips for investing with your 401k.

Key takeaways to listen for

[07:51] Why alternative investments are better than conventional ones
[12:26] The benefits and risks of diversifying your investments
[14:06] What is the best first investment strategy for beginners
[18:05] Chris’ expert opinions regarding different real estate asset classes
[25:35] Advantages of joining communities for investors as a limited partner
[32:42] Important things you need to know about investing with your 401k

Resources mentioned in this episode

[07:56] Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki | Kindle and Paperback
[24:54] Left Field Investors
[35:20] Get off Your A$$ and Manage Your Money by Chris Odegard | Paperback

About Chris Odegard

Chris is The Prolific Investor. He is an average guy who had a white-collar job in the corporate world and followed the only thing he knew for decades, conventional wisdom and conventional investment. This worked relatively well until 2009 when he experienced an illiquidity event where he lost 55% of his assets and thousands of dollars per month in cash flow.

Then, his mind was opened to a different type of investing after reading Robert Kiyosaki’s Rich Dad, Poor Dad. In just nine years, Chris recouped the 55% he had lost and multiplied it many times over and now shares his experience and knowledge through his book Get off Your A$$ and Manage Your Money: Why You Need Alternative Investments and his alternative investment blog at TheProlificInvestor.net.

Connect with Chris

Website: The Prolific Investor

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Passive Investing Strategies For The Average Investor with Lane Kawaoka

Mon, 30 Oct 2023 06:00:00 -0400

Are you interested in investing in real estate but don’t know where to start? Then this is the episode for you. We invited Lane Kawaoka to join us in discussing valuable insights and strategies that will assist you in uncovering the fundamental keys to passive investing success. Tune in now!

Key takeaways to listen for

[03:28] An engineer's unique approach to real estate investing
[08:32] Which investment strategy is right for investors with less than a million net worth?
[16:25] The importance of building a powerful investment community
[25:06] How to identify the right people to invest your money in
[35:20] Biggest advantages of being a real estate operator

Resources mentioned in this episode

About Lane Kawaoka

Lane Kawaoka's mission is to help regular people into good deals that were once only accessible to the rich. With over $2.1+ Billion in AUM spread over 10,000+ total units and a decade of successful investing, Lane also hosts the Top-50 Investing Podcast Simple Passive Cashflow and is a member of the Forbes Business Council & Fast Company Executive Board.

Today, Lane is investing in syndications in Class C & B Multi-family apartments, RV Parks, mobile homes, and assisted living facilities because of this Nation's demand for affordable housing – not rich people's Class-A assets. After 12 years as a Licensed Professional (PE) Civil/Industrial Engineer, Lane fired the boss in 2018 to focus 100% of his time on investing and helping others reach the same financial freedom he has.

Connect with Lane

Website: Simple Passive Cashflow | The Wealth Elevator
Podcast: Passive Real Estate Investing via Simple Passive Cashflow Podcast
LinkedIn: Lane Kawaoka, PE
Email: lane@thewealthelevator.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Scale Your RE Business Faster Through Online Content Creation with Spencer Cornelia

Mon, 23 Oct 2023 06:00:00 -0400

From unique real estate strategies to the intricate world of content creation, we’re excited to have Spencer Cornelia on our show to share his knowledge and expertise in the realm of investment and financial planning. Join us and gain valuable insights that will help you make crucial decisions that will shape your financial future.

Key takeaways to listen for

[05:00] A unique approach to starting and growing your real estate career
[14:47] Challenges in today’s housing market and ways to solve them
[22:47] Importance of finding the right niche and debunking passive income myths
[31:01] Top things you need to know about online content creation and monetization
[43:23] Investing in real estate vs. online content creation

Resources mentioned in this episode

[03:02] BiggerPockets
[07:08] Airbnb
[09:26] YouTube
[09:49] Pace Morby
[13:17] TikTok
[23:40] Coffeezilla
[35:14] Google AdSense
[44:04] The Richest Man in Babylon by George S. Clason | Kindle, Paperback, and Hardcover

About Spencer Cornelia

Spencer is a YouTube content creator with over 440,000 subscribers. He specializes in making videos criticizing "fake gurus." Spencer is also involved in real estate and specializes in house hacking.

Connect with Spencer

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Optimize Your Self-Storage Portfolio Through These Insider Insights with Cory Sylvester

Mon, 16 Oct 2023 06:00:00 -0400

If you want to know more about self-storage investment, this episode is for you! Check out today’s episode with Cory Sylvester, where we discuss why self-storage is an optimal investment and look at post-pandemic developmental costs. Click on the play button to learn more!

Key takeaways to listen for

[10:01] Why self-storage could offer the highest investment returns
[11:48] The most important factor to consider when investing in a self-storage facility
[23:07] Key factors highlighting the resilience of self-storage investment
[28:92] An overview of developmental costs in the post-pandemic era
[29:46] How can technology consolidate and optimize self-storage assets?

Resources mentioned in this episode

[11:19] Radius+

About Cory Sylvester

Cory is the co-founder of Radius+, DXD Capital, and Manage Space. He boasts a 14-year experience in the financial and real estate industry, which he leverages in various projects. His primary focus is on establishing the industry’s largest platform dedicated to the construction and acquisition of self-storage facilities. Cory's deep-seated passion centers around harnessing data and cutting-edge technology to optimize the development, operational efficiency, and investment strategies for self-storage properties across the United States.

Connect with Cory

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Follow These Tips to Master Diverse Investments with Chris Larsen

Mon, 09 Oct 2023 06:00:00 -0400

Are you a passive investor looking for profitable investment opportunities? Tune in to today’s episode with Chris Larsen as he shares the story of his success across diverse assets and offers achievable steps to pave your way toward generational wealth. Tap on the play button to begin your learning experience now!

Key takeaways to listen for

[09:15] The ultimate framework for finding multiple lucrative investments
[25:18] Expert tips for long-term customer relationships in the car wash business
[29:33] An optimal strategy to reduce your operation costs by 30%
[32:52] Real estate market outlook and factors that affect your business
[37:23] Building generational wealth: Practical steps to teach kids about money

Resources mentioned in this episode

[01:40] Virginia Tech
[19:56] Hurricane Express Wash

About Chris Larsen

Chris is the founder and principal of Next-Level Income. He transitioned from an 18-year career in the medical device industry to empowering others to achieve financial independence through educational initiatives and investment prospects. With over 20 years of experience in real estate investment and management, he demonstrates proficiency in various facets of the field, such as development, private lending, distressed debt, commercial office properties, and syndications.

His portfolio includes hotels, multifamily residences, car washes, self-storage units, mobile home parks, and senior housing. Since 2016, Chris has actively engaged in real estate acquisitions totaling more than $1.5 billion.

Connect with Chris

Website: Next Level Income

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

The Top Investment Opportunity for Consistent Cash Flow with Sam Wilson

Mon, 02 Oct 2023 06:00:00 -0400

Are you eager to become an investor but find yourself short on time? Learn about an innovative way to earn passive income in today’s episode with Sam Wilson as we talk about an up-and-coming investment opportunity that’ll help you earn steady cash flow. Tune in now for more!

Key takeaways to listen for

[04:19] Ups and downs of investing in the parking space
[13:49] 3 things to look for in passive investors as an operator
[22:34] Advantages of investing in laundry facilities
[27:39] The best business model to follow for a laundry facility
[39:16] Essential things to consider when operating a laundromat

Resources mentioned in this episode

[14:20] Airbnb
[22:50] Google
[24:23] Tide
[30:25] DoorDash

About Sam Wilson

Sam has been an active investor in self-storage, parking, multi-family properties/apartments, single-family homes, RV Resorts, and laundry facilities for over a decade. Sam also has a diverse business ownership and management background, allowing him to participate in various asset classes.

His weekly podcast, How to Scale Commercial Real Estate, is rated in the top 1% worldwide, has 40K+ monthly downloads, and boasts nearly 800 episodes with industry influencers. Sam focuses solely on the laundry facility space for his personal and investors’ portfolios.

Connect with Sam

Website: Bricken Investment Group
Podcast: How to Scale Commercial Real Estate

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Actively Invest in Passive Real Estate as A Busy Professional with Taylor Loht

Mon, 25 Sep 2023 06:00:00 -0400

Ready to discover the secrets of real estate success? Check out today’s episode with Taylor Loht, where we chat about the power of time investment, plus some game-changing hacks to help you raise capital like a pro. Press that play button to learn more!

Key takeaways to listen for

[04:04] Difference between investing in Wall Street vs. real estate
[09:06] Strategies to earn cash flow as a real estate investor
[13:17] Actionable tips to boost your capital-raising capabilities
[23:51] How social media platforms can help you find potential investors
[33:53] An expert advice on how to vet your real estate operators

Resources mentioned in this episode

[00:39] The Road to Family Freedom
[01:56] The Intelligent Investor by Benjamin Graham and Jason Zweig | Paperback and Hardcover
[10:38] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle and Paperback
[19:36] Who Not How by Dan Sullivan | Kindle and Hardcover
[25:33] BiggerPockets
[37:06] Google

About Taylor Loht

Taylor is the founder of NT Capital Group. He started his real estate investing career to escape from the uncertainty of Main Street in his investments. Taylor started NT Capital to help others access different types of investment opportunities. He also has a podcast that he hosts called Passive Wealth Strategy Show.

Connect with Taylor

Website: NT Capital | Passive Wealth With Real Estate
Podcast: Passive Wealth Strategy Show - Real Estate for Busy Pros
YouTube: Passive Wealth Strategy Show
Email: taylor@ntcapitalgroup.com

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Location Independence Through Intentional Investing and Lifestyle Design

Mon, 18 Sep 2023 06:00:00 -0400

On this episode, we welcome Brian Davis, a real estate investor who started buying rental properties shortly before the 2008 house collapse. After that expensive lesson, Brian went on to co-found Spark Rental, a platform for educating others on passive real estate syndications.

Brian walks us through his journey from investing his own money to pooling funds as a club. We discuss the club's diversification across operators, geographies, asset classes and debt terms. Brian also shares how he designed his location-independent lifestyle, his family's adventures living abroad, and the intentional choices they make around communities, schools and investing.

Timestamps

[00:00:22] Brian's start in real estate and early lessons

[00:02:19] Most valuable lesson from the recession

[00:06:20] Back to fundamentals of analyzing deals

[00:08:31] Forming a real estate investment club

[00:11:19] Club's process for vetting deals

[00:18:07] Pursuing diversification across strategies

[00:21:01] Starting the overseas expat life

[00:25:11] Different asset classes get different loan rates

[00:27:54] Dollar cost averaging over market timing

[00:34:05] Living intentionally to reflect values

Key Takeaways

Brian started buying rental properties before the 2008 recession, when he lost money and learned valuable lessons about analyzing deals.
After co-founding Spark Rental, Brian discovered syndications were an easier way to invest passively in real estate.
Spark Rental's investment club pools funds to make syndications accessible to small investors, pursuing diversification across operators, geographies, asset classes and debt terms.
The club vets deals thoroughly, leveraging the community's collective intelligence to ask sponsors tough questions and uncover risks.
Brian designed his business and investments to enable a location-independent lifestyle with his family across the world.
He believes in steadily dollar cost averaging into diverse real estate deals rather than trying to time markets.

Resources & Social Media

Spark Rental website: sparkrental.com
Brian's email: brian@sparkrental.com
Spark Rental on Instagram: @sparkrental

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Exploring Passive Investing

Mon, 11 Sep 2023 06:00:00 -0400

In this episode of the Truly Passive Income Podcast, hosts Neil Henderson and Clint Harris are joined by the insightful Chad Ackerman, co-founder of Left Field Investors. Diving into a captivating discussion, they reminisce about their recent encounter at the 'best ever conference' in Salt Lake City and delve deep into the world of passive investing. From market nuances to community building, this episode promises a treasure trove of knowledge for every passive income enthusiast.

Timestamps:

[00:01:25] - Introduction and Chad's initial journey into passive investing

[00:11:37] - Strategic approaches to passive investing

[00:15:07] - The rapid growth of Left Field Investors

[00:17:50] - Incorporating financial education into daily life

[00:20:20] - Chad's decision to leave the corporate world

[00:23:02] - The intricacies of underwriting deals

[00:25:57] - Diverse investment opportunities across locations

[00:28:44] - Chad's affinity for unique investment ventures

[00:31:03] - Balancing investment strategies with personal life stages

[00:34:06] - Realizations and reflections on passive income

Key Takeaways:

Chad Ackerman's introduction and his role as the co-founder of Left Field Investors.
The importance of passive investing and the journey to understand its potential.
The transformative power of self-investment and the role of podcasts in personal growth.
Different paths in the real estate trajectory and its varied experiences.

Resources and Social Media

Website: LeftFieldInvestors

Email: Chad@leftfieldinvestors.com

YouTube: Left Field Investors

Books Mentioned: Anti-Fragile by Nassim Nicholas Taleb

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Retire Early Using 1031 Exchanges

Mon, 04 Sep 2023 06:00:00 -0400

In this information-packed episode, Dave Foster, a 1031 exchange specialist, shares his extensive knowledge on using 1031 exchanges to maximize tax savings and build generational wealth through real estate investing. He provides real-world examples of how he utilized 1031 exchanges to retire early and live on a sailboat while raising his family.

Timestamps

[00:03:05] How Dave used 1031 exchanges to convert investment properties into primary residences to generate tax-free profits

[00:06:05] Overview of primary residence capital gains tax exemption rules

[00:09:02] How Dave leveraged 1031 exchanges to fund an early retirement on a sailboat

[00:19:35] Dave explains the "4 D's" of 1031 investing - Deferred, Delay, Defer, Dodge

[00:23:12] Using 1031 exchanges to relocate and purchase undervalued properties

[00:27:18] Converting 1031 investment properties into primary residences

[00:31:37] Hacking 1031 exchanges to invest in syndications

[00:37:25] Paying some tax to invest in syndications with 1031 proceeds

[00:39:57] Overview of reverse 1031 exchanges

[00:44:13] Advanced strategies for improving 1031 exchange properties

Key Takeaways

1031 exchanges allow real estate investors to defer capital gains taxes by selling one investment property and reinvesting the proceeds into another
When timed strategically, 1031 exchanges can be used to convert investment properties into primary residences to generate tax-free profits
Portfolios can be built up substantially over time by continually deferring taxes through 1031 investing
Towards the end of one's career, 1031 exchange properties can be converted into primary residences to eliminate deferred tax liabilities
Reverse 1031 exchanges enable investors to secure replacement properties before selling relinquished properties
With proper planning, 1031 exchange proceeds can be invested into real estate syndications

Resources & Social Media

Dave Foster's Book: Lifetime Tax Free Wealth

Dave's Website: The1031Investor.com

Dave's YouTube Channel: The 1031 Investor

Follow Us On Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing - Download Here

Mentioned in this episode:

Sponsored by Nomad Capital

Building Community Among Other Passive Investors

Mon, 28 Aug 2023 06:00:00 -0400

Passive real estate investing requires education and community. In this episode, Jim Pfeifer explains how he built Left Field Investors from a small mastermind into a 1300+ member syndication education platform.

Jim started investing in syndications with no clue what he was doing. After losing money and having mixed results, he discovered the power of an engaged community for vetting sponsors and deals. Now Jim uses Left Field Investors to “community” potential investments, transferring trust through member referrals.

Across 90+ LP positions in multifamily, self-storage, mobile homes, and alternative assets like ATMs and bitcoin mining, Jim has invested in nearly every syndication niche imaginable. He shares lessons learned from both successful and failed deals. If you want to take your syndication education and due diligence to the next level, this episode is a must-listen.

Timestamps

[00:31] Jim's background as a teacher and financial advisor

[01:41] The origins of Left-Field Investors during the pandemic

[02:52] Providing a network, education, and deal flow for members

[04:17] Jim's journey to becoming an LP investor

[06:52] Using the community to vet sponsors before investing

[10:15] Why real estate investing is better than stock market speculation

[12:34] Jim's investment portfolio across many alternative assets

[16:05] Communication is the key factor when evaluating sponsors

[19:12] The common denominator of bad deals - lack of sponsor due diligence

[21:26] Using leverage like HELOCs to invest in ATMs

Key Takeaways

Left Field Investors started as a small mastermind group and grew into a 1300+ member community providing education and resources for passive real estate investors.
Having a community helps vet syndication sponsors before investing since these are long-term illiquid deals. Trust transfers through referrals.
Jim transitioned from being a teacher and financial advisor to a full-time LP investor across 90+ deals in multifamily, self-storage, mobile home parks, and alternative assets like ATMs.
Strong communication is the number one factor Jim looks for when evaluating potential sponsors to invest with.
Bad deals often happen when sponsors pivot to new asset classes without the right experience. Jim avoids being sponsors' "guinea pigs" in new niches.
Leveraging things like HELOCs to invest in short-term alternative assets like ATMs can provide strong returns by having money work double duty.

Resources & Social Media

Website: Left Field Investors

Podcast: Investing from Left Field

Facebook: Left Field Investors

Follow Us on Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive Inc

Twitter: @trulypassive

Passive Investor Toolkit

Everything you need to get started in passive investing in real estate syndications - https://trulypassiveincome.com/toolkit/

Mentioned in this episode:

Sponsored by Nomad Capital

Investing in Real Estate from Overseas as Military

Thu, 24 Aug 2023 06:00:00 -0400

Derek Horn, an explosive ordinance disposal expert in the Air Force, shares how he accidentally got into real estate investing by purchasing his first home. He grew his portfolio through a family deal, and eventually invested passively by partnering with a syndicator. Derek provides unique insights into considerations military members face when investing remotely, utilizing property managers, and thinking long-term about financial freedom.

Timestamps

[00:00] Introduction to Derek Horn's background

[07:35] Buying his first investment property by accident

[08:53] Growing his portfolio through a family deal

[13:15] Partnering with a syndicator for passive investing

[23:19] Dealing with evictions as a remote investor

[27:57] Managing property managers as a remote investor

[34:14] Hosting a group for military passive investors

Key Takeaways

Derek started investing by accident when he purchased a home to remodel and rent out. This led to buying more properties in different locations during military moves.
Partnering with family on a property deal allowed Derek to quickly scale up his portfolio. Family deals can provide opportunities not available on the open market.
Investing remotely from overseas locations like Japan limits options for finding deals, leading Derek to partner with a syndicator for passive investing opportunities.
As a remote investor, hiring property managers is helpful but does not make investing completely passive. Managing the managers is an ongoing task.
Derek hosts a group for military members interested in passive investing. This provides invaluable networking and the ability to discuss military-specific investing considerations.

Resources & Social Media

Active Duty Passive Income Group: https://www.facebook.com/ActiveDutyPassiveIncome

Follow Us on Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing

https://trulypassiveincome.com/toolkit/

Mentioned in this episode:

Sponsored by Nomad Capital

Unlocking the Secrets of Tax-Efficient Passive Investing

Mon, 21 Aug 2023 06:00:00 -0400

Are you a passive investor seeking strategies to maximize your tax benefits and enhance your investments? Join seasoned financial experts Neil Henderson, Matt MacFarland, and Amanda Han as they reveal the secrets of tax-efficient investing in this eye-opening episode. Discover the Lazy Man's 1031 Exchange, the potential benefits of Opportunity Zones, and how to successfully navigate the complex world of syndications. If you're ready to transform your investment approach and build a more profitable future, hit play and unlock the power of smart tax planning!

Key Takeaways

Real estate syndications offer tax-saving opportunities through accelerated depreciation and cost segregation studies. By generating losses to offset gains, passive investors can benefit from a reduced tax burden.
To maximize tax savings with real estate syndications, passive investors should consider investing in projects that conduct cost segregation studies. This will allow them to take advantage of the accelerated depreciation, which can help offset taxable income from other sources.
Passive investors in real estate syndications can take advantage of tax deferral strategies such as the "Lazy Man's 1031 Exchange." This involves reinvesting distribution gains from one syndication into another within the same tax year, thus offsetting the capital gains and minimizing tax liability.
When evaluating potential investments in opportunity zones, passive investors should look for projects that not only defer taxes on capital gains but also offer the potential for tax-free appreciation over a long-term investment horizon.
For passive investors seeking to minimize tax liability, it's crucial to work with experienced tax professionals who understand the complex rules and regulations governing syndications and can help them navigate tax-saving strategies effectively.
Tax planning is essential for passive investors in real estate syndications. Stay in touch with your tax professional throughout the year. Don’t wait until tax season to communicate with them.

Time Stamps

[00:00] Intro

[01:19] Passive investor tax benefits

[02:11] Cost segregation & depreciation

[04:30] Real estate syndications & 1031 exchange

[07:52] Lazy Man's 1031 exchange explained

[10:26] Challenges in 1031 exchange & syndications

[14:28] Opportunity Zones & tax Benefits for passive investors

[18:22] Timing investments to offset capital gains

[20:53] Evaluating potential investments in opportunity zones

[22:18] Long-term benefits of opportunity zone investments

[24:30] Understanding TICs (Tenants in Common) in Syndications

[26:45] Role of cost segregation studies in maximizing tax savings

[28:16] How passive investors can reinvest their capital gains

[30:12] The importance of tax planning in real estate syndications

[32:08] Creating a tax-efficient investment strategy

[33:55] Key takeaways on maximizing tax benefits in passive real estate investing

[35:22] Closing thoughts and future strategies for passive investors

[37:00] Outro

Resources and Links Mentioned

Website: Keystone CPA

Book: The Book on Tax Strategies for the Savvy Real Estate Investor: Powerful techniques anyone can use to deduct more, invest smarter, and pay far less to the IRS!

Amanda Han's Facebook page

@amanda_han_cpa on Instagram

@AmandaHanCPA on X

Amanda Han on YouTube

Support Our Show Follow us on Twitter @trulypassive Follow us on Facebook at TrulyPassiveInc Follow us on TikTok @TrulyPassiveIncome Sign up for our FREE Passive Investor Course

Mentioned in this episode:

Sponsored by Nomad Capital

From Bama to Bali: A Journey into Real Estate with Robert Shortsleeves

Mon, 14 Aug 2023 06:00:00 -0400

In this episode of the Truly Passive Income podcast, hosts Neil Henderson and Clint Harris sit down with Robert Shortsleeves, a real estate investor who has paved his own path to financial freedom. Starting in Alabama, Robert ventured into the world of real estate after a career in the Army, utilizing off-market deals to build his real estate empire. He shares his journey, offering unique insights into the importance of building a reliable team, and how to level up in the world of real estate by focusing on adding value to those just ahead of you on the journey.

Robert brings a wealth of knowledge to the table, discussing everything from real estate syndications to the importance of learning from those just a few steps ahead of you. His refreshing honesty about the challenges and triumphs of his journey provides listeners with a candid look into the world of real estate investing.

In addition to his real estate success, Robert speaks about his inspiring three-month vacation/remote work trip to Bali, demonstrating the life-changing potential of financial independence. This episode is a must-listen for anyone interested in real estate investing, financial freedom, and the pursuit of a life lived on your own terms.

Time Stamps:

[00:00] Intro

[01:52] Introduction to Robert Shortsleeves

[02:49] Robert's journey into real estate investing

[07:25] The power of timing in real estate

[10:20] Robert's experience with his first deal

[13:05] How Robert leverages off-market deals

[18:10] Robert's big move to Bali

[22:15] The importance of learning from others in the industry

[27:00] Robert's approach to giving back to the community

[33:59] How to get in touch with Robert Shortsleeves

[34:54] Closing remarks

Key Takeaways:

The Potential of Off-Market Deals: Robert Shortsleeves emphasizes the potential of off-market deals in real estate, which can often offer great opportunities for investors. His success in this area shows that off-market properties can be a lucrative avenue for generating passive income.
Learn from Those Ahead of You: Robert advocates for learning from people who are just a few steps ahead of you on the path to financial freedom. This practical advice encourages individuals to seek mentors who still have a fresh perspective on the challenges beginners might face.
Financial Freedom Enables Adventure: Robert's ability to plan a three-month remote work trip to Bali highlights the freedom that financial independence can provide. By achieving financial stability, one can have the flexibility to explore new places and experiences without financial constraints.
The Importance of Giving Back: Robert believes in giving back to the community and helps others achieve their goals in real estate. This approach not only contributes to the community but also fosters a culture of shared knowledge and success.
The Journey Towards Financial Independence: Robert's story underscores the journey towards financial independence, with its challenges and rewards. His experience serves as a testament to the fact that with hard work, determination, and strategic thinking, financial independence through real estate investing is achievable.

Books and Resources Mentioned:

Website: Shortsleeves Real Estate

Facebook: Robert Shortsleeves' Facebook

Other Stuff:

If you enjoy the podcast, would you please consider leaving a short review wherever you listen to podcasts? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests.

For show notes and past guests, please visit trulypassiveincome.com/podcast

Download Our FREE Passive Investor Toolkit https://trulypassiveincome.com/toolkit/

Mentioned in this episode:

Sponsored by Nomad Capital

Insider Strategies on Investing in Self-Storage with Drake Massa

Mon, 07 Aug 2023 06:00:00 -0400

Self-storage facilities can provide lucrative passive income opportunities compared to other types of real estate investments. In this episode, Drake Massa, Director of Acquisitions at Nomad Capital, joins hosts Neil Henderson and Clint Harris to discuss self-storage investing.

Timestamps

00:00:30 - Drake provides background on his role at Nomad Capital

00:02:30 - Drake explains why self-storage is a good passive income investment

00:04:40 - Drake outlines the four main self-storage investment strategies

00:08:00 - Drake details the conversion strategy for self-storage investing

00:15:15 - Drake discusses projected returns and timelines for investors

00:21:40 - Drake explains the refinancing strategy in years 4-6

00:26:00 - Drake emphasizes the work required despite the passive income

00:30:50 - Drake walks through the deal funnel from start to finish

00:37:05 - Drake shares where he would invest $100k right now

Key Takeaways

Self-storage has outperformed all other commercial real estate over the past 5 years and leads most industries in growth over the past 25+ years, even during recessions.
The four main self-storage investment strategies are: 1) Buy existing facility and improve operations 2) Buy existing facility and expand it 3) Convert other buildings into storage facilities 4) Build new self-storage facilities from the ground up.
Conversions provide the best risk-reward balance. Purchasing underutilized buildings for cheap and converting them into self-storage can generate huge returns.
It takes significant expertise and effort to find, analyze, negotiate, and execute self-storage deals, despite the passive income for investors.
Drake reviews 100+ deals per week, models 5%, negotiates on 1%, and closes nearly 100% once an offer is made. From contract to completion takes 6-12 months.

Resources & Social Media

LinkedIn: Drake Massa

Website: Nomad Capital

Email: drake@nomadcapital.us

Follow Us on Social Media

YouTube: Truly Passive Income

TikTok: @trulypassiveincome

Instagram: @truly_passive_income

Facebook: Truly Passive

Twitter: @trulypassive

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing

https://trulypassiveincome.com/toolkit/

Mentioned in this episode:

Sponsored by Nomad Capital

Managing Your Passive Investments with Ease

Mon, 31 Jul 2023 06:00:00 -0400

Are you looking for a smart way to manage your passive investments without sacrificing valuable time? In this compelling episode of Truly Passive Income, we sit down with Litan Yahav, the founder and CEO of Vyzer, a powerful platform designed to help passive investors keep track of their investments with ease. Litan shares his personal journey, how he discovered the value of truly passive investing and the innovative solution he built to streamline investment tracking.

Listen in as we discuss Litan's unique perspective on passive investing, the importance of trusting the people you invest with, and how Vyzer can save you time while keeping you informed about your investments.

Time Stamps

[00:00] Intro

[03:11] Litan Yahav's journey to passive real estate investing

[05:58] The importance of time management in investing

[08:45] Challenges of keeping track of multiple investments

[13:52] Introducing Vyzer: a solution to manage passive investments

[20:00] How Vyzer helps investors stay organized and informed

[27:30] Pricing of Vyzer's subscription plans

[28:58] Litan's advice for passive investors

[30:40] The importance of trusting the right people

[32:09] Outro

Key Take Aways

The importance of time in passive investing: Litan Yahav shares his journey and emphasizes the value of time as the primary factor that led him to invest passively in real estate.
The challenge of managing multiple investments: Litan highlights the difficulties faced by passive investors in keeping track of their investments and the distributions they receive.
The birth of Vyzer: To address these challenges, Litan created Vyzer, a platform designed to help passive investors manage their portfolios and monitor their investments in an organized and efficient manner.
Streamlined communication with GPs: Vyzer allows investors to stay on top of their distributions by creating distribution schedules and flagging when distributions are missing or underperforming, making it easier for investors to communicate with GPs.
Accessible pricing for various investment levels: Vyzer offers a flat subscription fee, making the platform accessible to investors with different investment levels, from those with hundreds of LP positions to those with just a handful.
Finding trustworthy operators and syndicators: Litan stresses the importance of building relationships and trust with the people you invest with, as it can significantly impact the success of your passive investments.
Focus on people and numbers: Litan's approach to passive investing involves prioritizing the people he invests with and ensuring the numbers match his current investment strategy, rather than focusing on specific asset classes or geographies.
The value of small to medium-sized operators: Litan shares his preference for smaller, more personal operators who don't have hundreds of investors and can offer more tailored communication and attention to their investments.
Truly passive income comes from investing capital with the right team: Trusting an experienced team to execute their business plan is crucial to achieving truly passive income from real estate investments.
Networking and mastermind groups: Litan emphasizes the importance of connecting with other investors and learning from their experiences through networking, attending mastermind groups, and listening to podcasts like Truly Passive Income.

Books and Resources Mentioned

Truly Passive Income: www.trulypassiveincome.com

Website: www.vyzer.co

Follow Litan Yahav on

Facebook: https://www.facebook.com/litanyahav

Facebook: https://www.facebook.com/vyzerfinance/

LinkedIn: https://www.linkedin.com/in/litanyahav/

Twitter: https://twitter.com/YahavLitan

Facebook: www.facebook.com/TrulyPassiveInc

TikTok: https://www.tiktok.com/@trulypassiveincome

Twitter: www.twitter.com/trulypassive

Other Stuff

Download Our FREE Passive Investor Toolkit

Everything you need to get started in passive investing

https://trulypassiveincome.com/toolkit/

Mentioned in this episode:

Sponsored by Nomad Capital

Beyond Financial Independence: Finding True Fulfillment with Alex Felice

Mon, 24 Jul 2023 06:00:00 -0400

🎧 Tune in to this eye-opening episode where we dive deep into the journey of Alex Felice, a successful real estate entrepreneur who discovered that financial independence is just the beginning. Learn how Alex's experiences led him to seek greater meaning and purpose, both through his pilgrimage on the Camino de Santiago and his current life in Maui. Get ready to be inspired and challenged as we discuss the importance of digital detox, connecting with nature, and embracing adventure. Join us for this must-listen episode that will leave you questioning the true definition of success and what really matters in life. Hit play now and start your own journey towards personal fulfillment! 🌟

Time Stamps:

[00:00] Intro

[03:25] Alex Felice's real estate journey and achieving financial freedom

[06:48] The realization that success isn't just about money

[12:03] Alex's transition to photography and finding fulfillment

[20:52] The importance of pursuing passions and purpose

[28:15] How location independence can change your life

[37:08] Insights on finding happiness beyond financial independence

[44:20] The concept of "Success, but what else?"

[56:35] Clint Harris congratulates Alex and plans a visit

[57:14] Alex Felice on success and finding your "what else"

Key Takeaways

Financial independence is just the beginning: While achieving financial independence through passive real estate investing can provide a sense of security, it's essential to recognize that it's not the end goal. True happiness and fulfillment come from discovering your purpose and pursuing what matters most to you in life.
Success is subjective: Alex Felice's story teaches us that success looks different for everyone, and it's important to define it on your own terms. For some, it may mean continuing to invest in real estate, while for others, it could mean embarking on a completely new journey.
Growth through challenges: Embracing and overcoming challenges, like Alex's experience with the Camino de Santiago pilgrimage, can lead to significant personal growth and a deeper understanding of one's purpose.
The power of self-reflection: Taking the time to reflect on your life, values, and what truly brings you happiness is crucial for maintaining a sense of balance and well-being, especially after achieving financial freedom.
Cultivating a sense of adventure: Exploring new opportunities, experiences, and passions can lead to a more fulfilling life beyond the realm of financial success. Alex's transition from real estate entrepreneur to world traveler and visual storyteller is a prime example of this.
The importance of community and connections: Building meaningful relationships and engaging with like-minded individuals can help enrich your life and provide a strong support system as you pursue your passions and purpose.
Balance and sustainability: As you work toward financial freedom and explore your passions, it's important to maintain a balance between your personal, professional, and financial life to ensure long-term happiness and success.
Embracing change: Alex's story highlights the importance of being open to change and adapting to new circumstances as you pursue your passions and purpose in life.
Learning from others' experiences: Listening to stories and insights from people like Alex Felice can inspire and guide you on your own journey toward finding purpose and happiness beyond financial freedom.
The journey never ends: Achieving financial freedom and discovering your true purpose is an ongoing process that requires continuous growth, self-reflection, and adaptation. Embrace the journey, and you'll find a richer, more fulfilling life beyond passive income.

📚 Resources & Social Media:

Alex Felice's Instagram: @alexscottfelice

Alex's Photography Website: lifeandlens.media

Broke is a Choice: www.brokeisachoice.com

Truly Passive Income website: www.trulypassiveincome.com

Truly Passive Income Twitter: @trulypassive

David Foster Wallace Commencement Address: This is Water

Mentioned in this episode:

Sponsored by Nomad Capital

From Zero to 700 Doors: Tim Vitale's Rapid Rise in the Multifamily Real Estate World

Mon, 17 Jul 2023 06:00:00 -0400

In this episode, Neil Henderson and Clint Harris talk to Tim Vitale, a multifamily real estate syndicator and founder of Upside Capital Group. With a focus on time, financial, and location independence, Tim discusses his journey into the world of real estate syndication, his strategies for analyzing deals, and the importance of building strong relationships with investors. Tim also shares his insights on debt coverage ratio, timeframes, and how to choose the right operator for a successful investment.

In This Episode, We Cover:

[03:27] How Tim Vitale got into real estate syndication

[09:36] Importance of understanding the market and job growth

[12:16] Analyzing deals and the importance of debt coverage ratio

[15:31] Timeframes and protecting your investments

[27:45] Alignment of interests and choosing the right operator

[28:49] Advice for passive investors in multifamily syndications

[31:12] Connecting with Tim Vitale and Upside Capital Group

Books and Resources Mentioned:

Truly Passive Income: trulypassiveincome.com

Website: Upside Capital Group

Facebook Group: Making Moves Real Estate Community

Support Our Show Follow us on Twitter @trulypassive Follow us on Facebook at TrulyPassiveInc Follow us on TikTok @TrulyPassiveIncome Sign up for our FREE Passive Investor Course

Pithy, Shareable Quotes:

"Real estate over the long term, you're gonna win. It's the people that get burned in the short term because they don't have time on their side." - Tim Vitale

"Go build a relationship with the person that you wanna invest with. Spend time in person with that person." - Tim Vitale

Coming Up Next on Truly Passive Income:

Mentioned in this episode:

Sponsored by Nomad Capital

Transforming Old Retail Spaces into Self-Storage Goldmines

Mon, 10 Jul 2023 06:00:00 -0400

In this eye-opening episode of the Truly Passive Income Podcast, we dive deep into the world of self-storage conversions with Erik Hemingway, the Co-Founder of Nomad Capital. Erik shares his incredible journey from a three-year sailing adventure around the Mediterranean to building a successful self-storage empire with his son, Levi.

Discover how Erik and his team at Nomad Capital add tremendous value to their projects through strategic conversions of old retail spaces, like Kmarts and grocery stores, into thriving self-storage facilities. Learn about the built-in safety margin that comes with forced appreciation and how you can increase your net operating income and property value by implementing energy-efficient solutions.

Erik also shares his insights on the future of self-storage, the impact of technological advancements on the industry, and his favorite way to give back through his family's involvement in a nonprofit theater company.

Key Takeaways

Self-storage conversions offer a unique opportunity in real estate investing, particularly when transforming underutilized retail spaces like Kmart or grocery stores into thriving self-storage facilities.
This strategy allows investors to capitalize on the growing demand for self-storage units, driven by societal trends such as downsizing, death, divorce, displacement, and changing nature of retail.
Conversions can be more cost-effective compared to building new facilities, as they repurpose existing structures and reduce construction waste.
These projects often have shorter timelines and fewer zoning restrictions, which can lead to a quicker return on investment.
Self-storage conversions offer tax benefits, such as depreciation and bonus depreciation, which can significantly impact an investor's bottom line.
Leveraging syndication for self-storage conversions can provide passive investors with the opportunity to participate in this growing market without the need for hands-on management.
Self-storage facilities can provide consistent cash flow, making them an appealing addition to a well-rounded investment portfolio.
The success stories shared by Erik, such as students gaining confidence through his wife's nonprofit theater company, emphasize the importance of giving back and using one's passive income to create a positive impact in the community.
For those interested in exploring self-storage conversions as an investment strategy, connecting with experienced professionals like Erik Hemingway can provide valuable insights and guidance to help navigate this unique market.

Time Stamps

[00:00] Intro

[01:55] Erik Hemingway's background and journey into self-storage investing

[03:37] The advantages of self-storage conversions from empty retail spaces

[09:28] The role of syndication in self-storage investing for passive investors

[14:47] Importance of location and demographic research in self-storage conversions

[21:02] How Erik and his son, Levi, work together in the self-storage business

[25:53] The potential returns and growth opportunities in self-storage investing

[28:34] Erik's favorite self-storage conversion project

[36:26] Erik's favorite way to give back: a nonprofit theater company

[37:31] How to get in touch with Erik for more information on self-storage investing

Links and Resources

Support Our Show

Support Our Show Follow us on Twitter @trulypassive Follow us on Facebook at TrulyPassiveInc Follow us on TikTok @TrulyPassiveIncome Sign up for our FREE Passive Investor Course

Mentioned in this episode:

Sponsored by Nomad Capital

Unleash the Power of House Hacking: Maximize Your Income and Financial Freedom

Mon, 03 Jul 2023 06:00:00 -0400

Are you ready to discover the life-changing benefits of house hacking? In this eye-opening episode, Neil Henderson and Clint Harris reveal insider tips and strategies to help you master house hacking and unlock your financial freedom. Whether you're a seasoned investor or just starting, you won't want to miss this informative deep dive into the world of house hacking.

Key Takeaways

House hacking is a powerful strategy for building wealth and achieving financial freedom by living in one part of a property while renting out the rest, effectively reducing or eliminating your mortgage payment.
To get started, identify the right property for house hacking by considering its location, amenities, and proximity to hospitals, universities, or event venues, which can attract both short-term and long-term renters.
Networking with local real estate investor groups, realtors, and mortgage brokers can help you find the best properties and resources for successful house hacking.
Evaluate potential properties by running the numbers for both long-term and short-term rentals, using websites like Rentometer and Airdna to determine rental projections and compare the highest and best use of the property.
House hacking is not limited to vacation destinations; it can also be successful near airports, hospitals, military bases, and other areas with a consistent demand for accommodations.
Successfully implementing house hacking can not only cover your mortgage payment but also generate extra income, which can be invested in truly passive income streams, further growing your wealth.
House hacking involves some lifestyle adjustments, but the financial benefits can be significant, making it a powerful lever to pull for those seeking financial freedom through real estate investing.

Time Stamps

[00:00] Intro

[01:12] Definition of house hacking

[02:45] How house hacking works at a high level

[04:02] Benefits of house hacking

[05:15] Various house hacking ideas

[08:30] Risks and challenges of house hacking

[11:17] How to get started with house hacking

[14:25] Using websites like Rentometer and Airdna for rental projections

[18:05] Local networking for finding properties and resources

[21:42] Evaluating properties for long-term and short-term rentals

[25:52] Growing wealth through investing extra income from house hacking

[30:07] House hacking as a lifestyle choice

[37:38] Conclusion and importance of house hacking in achieving financial freedom

Support Our Show Follow us on Twitter @trulypassive Follow us on Facebook at TrulyPassiveInc Follow us on TikTok @TrulyPassiveIncome Sign up for our FREE Passive Investor Course

Mentioned in this episode:

Sponsored by Nomad Capital

Commercial vs Residential Real Estate: Understanding the Key Differences for Passive Investors

Mon, 26 Jun 2023 06:00:00 -0400

Discover the world of commercial real estate investing, how it differs from residential real estate, and how it accelerates your journey to financial freedom! Clint Harris and Neil Henderson break down the key differences between residential and commercial real estate and reveal why the latter can be a game-changer for savvy investors.

You'll learn about the unique valuation methods for commercial properties and how understanding cap rates can unlock incredible potential for wealth creation. Clint and Neil also discuss the role of business plans, operator trust, and your ability to analyze opportunities when evaluating commercial real estate investments.

Don't miss this episode packed with valuable insights that can help you make informed decisions in the commercial real estate market.

Key Takeaways

Commercial real estate is focused on business properties, while residential real estate is primarily for living spaces. The latter includes single-family homes and smaller multi-family properties, while commercial real estate encompasses residential properties with five or more units, retail spaces, office buildings, self-storage, and other business-related properties.
The valuation methods for commercial and residential real estate differ significantly. Residential real estate is valued based on comparable sales, while commercial properties are valued according to their potential income generation, utilizing cap rates and net operating income.
Forced appreciation is a critical concept in commercial real estate, allowing investors to increase property value through strategic improvements and management. This level of control is not as prevalent in residential real estate, making commercial properties more attractive for those seeking passive income.
Cap rates, or capitalization rates, are used to measure the potential return on investment in commercial properties. They are calculated by dividing a property's net income by its value, providing insight into the expected annual return.
Net operating income (NOI) is the gross income a property generates minus its expenses (excluding mortgage payments). The NOI is a crucial metric in commercial real estate valuation, as it directly impacts the cap rate calculation and property value.
Understanding how commercial properties are valued and the factors that can increase their net operating income is vital for evaluating potential investment opportunities. This knowledge allows investors to analyze business plans and determine the likelihood of successful value-add strategies.
Partnering with experienced operators is essential for success in commercial real estate investing. These experts can help identify opportunities, execute value-add strategies, and manage properties, allowing investors to reap the benefits of passive income without the need for hands-on involvement.

Time Stamps

[00:00] Intro

[01:29] Introducing Clint Harris and Neil Henderson

[02:15] The key differences between commercial and residential real estate

[04:12] Explaining valuation methods for residential properties

[05:45] Discussing the forced appreciation concept in commercial real estate

[07:21] The importance of understanding cap rates in commercial property valuation

[10:10] The role of net operating income in commercial real estate

[12:22] Evaluating opportunities and sponsors in real estate syndications

[15:03] The potential for massive value swings in commercial properties

[17:37] Why understanding commercial real estate is crucial for passive income investors

[21:54] Summary of key differences between commercial and residential real estate

Support Our Show Follow us on Twitter @trulypassive Follow us on Facebook at TrulyPassiveInc Follow us on TikTok @TrulyPassiveIncome Sign up for our FREE Passive Investor Course

Mentioned in this episode:

Sponsored by Nomad Capital

Unlocking Real Estate Success: From House Hacking to Multimillion-Dollar Deals

Tue, 20 Jun 2023 06:25:00 -0400

In this episode, real estate investor Neil Henderson shares his journey from being a defense contractor to becoming a full-time real estate investor. He discusses the challenges he faced along the way, including distractions, analysis paralysis, and the struggle to find a niche. Despite these obstacles, he was able to find his focus in self-storage syndication and partnering with an experienced investor. He also shares how he was able to create enough runway to take a leap of faith and leave his job to pursue his passion for real estate investing. With over $40 million in commercial real estate deals, Neil's story is inspiring and informative for anyone looking to take control of their financial future. Tune in to learn how he did it and get motivated to take the first step towards your own financial independence.

Key Take Aways

Overcoming a lack of time, money, and experience: Neil Henderson shares his journey of utilizing creative strategies such as house hacking, partnering with experienced investors, and starting a podcast to overcome limitations in real estate investing.
House hacking as a stepping stone: Neil discusses the power of house hacking and how it helped him build a financial runway, allowing him to take the leap from his W-2 job to a full-time self-storage syndicator.
Avoiding shiny object syndrome: Neil emphasizes the importance of staying focused on core investment strategies and not getting distracted by various investment opportunities.
Pursuing self-storage syndication: Neil shares his decision to focus on self-storage syndication and highlights the potential benefits of this asset class, particularly during an economic downturn.
Quote: "You can get 25, 35% of the way there, and then that allows you to just take a leap and take a bet on yourself." – Neil Henderson, discussing the power of building a financial runway and taking calculated risks.
Partnering for success: Neil highlights the value of partnering with experienced self-storage investors, allowing him to overcome his lack of experience and access lucrative deals.
Building a financial runway: Neil shares his strategy of using short-term rental house hacks and long-term rentals to reduce his living expenses, enabling him to pursue his real estate investing goals.
Quote: "the real risk is not making a move. When you knew what the outcome was gonna be." – Clint Harris, emphasizing the importance of taking calculated risks in real estate investing.
Networking and education: Neil's podcast played a crucial role in expanding his knowledge, connecting him with industry experts, and building valuable relationships with experienced investors.
Embracing change and taking risks: Neil's journey serves as an inspiration for aspiring investors, demonstrating that success in real estate investing can be achieved by adapting, learning, and taking calculated risks.

Time Stamps

[00:00] Intro

[02:23] Neil's background and real estate journey

[04:38] House hacking a townhome across from the beach

[08:15] Overcoming lack of focus and shiny object syndrome

[11:30] Partnering with Erik Hemingway in the self-storage syndication space

[15:47] Neil's decision to leave his job and move to a new location

[21:30] The importance of networking and learning through the podcast

[25:04] Overcoming a lack of money, time, and experience to invest in real estate

[28:34] Taking calculated risks for greater rewards

[31:22] Clint's encouragement and highlighting of Neil's achievements

[33:02] Neil's excitement for the future and embracing financial insecurity

[34:45] Clint expresses gratitude for Neil's openness and for sharing his story

[35:52] Outro

Support Our Show Follow us on Twitter @trulypassive Follow us on Facebook at TrulyPassiveInc Follow us on TikTok @TrulyPassiveIncome Sign up for our FREE Passive Investor Course

Mentioned in this episode:

Sponsored by Nomad Capital

The Four Wealth Generators of Real Estate

Tue, 20 Jun 2023 06:20:00 -0400

What are the four wealth generators in real estate? Welcome to the Truly Passive Income podcast, where we dive deep into the world of passive real estate investing and explore the strategies that can help you build wealth and achieve financial freedom without being a landlord. In this episode, we take a closer look at the four key wealth generators of real estate— leverage, appreciation, tax benefits, and cash flow—and how they can work together to create a truly passive income stream. We also discuss some common misconceptions about real estate investing and share tips for getting started in the industry. So, whether you're an experienced investor or just getting started, join Clint and me as we explore the powerful world of real estate investing and show you how you too can create truly passive income that can help you achieve your financial goals.

Time Stamps

[00:00] Intro

[03:14] The concept of leverage in real estate investing

[07:12] Appreciation: natural and forced appreciation

[13:45] Tax benefits: depreciation, 1031 exchanges, and Opportunity Zones

[20:32] Cash flow and the importance of multi-unit properties

[26:07] The three immutable laws of real estate investing

[31:12] The challenges of generating cash flow with single-unit properties

[34:10] Applying the four wealth generators to various types of real estate investments

[36:20] The importance of having multiple exit strategies and cash reserves

Key Take Aways

The Four Wealth Generators of Real Estate: Leverage, appreciation, tax benefits, and cash flow are essential elements for building generational wealth in real estate investing.
The Power of Leverage: Clint Harris discusses how leveraging allows investors to control more assets with less money and increase their financial velocity.
Forced and Natural Appreciation: Clint and Neil explain the difference between forced and natural appreciation and how they can increase the value of real estate assets over time.
Tax Benefits of Real Estate: The podcast highlights the importance of understanding and utilizing tax benefits to maximize overall returns on investments.
Cash Flow Reserves: Neil emphasizes the need to have cash reserves for surviving market fluctuations and avoiding forced sales of real estate assets.
Quote: "You never wanna be forced to sell your real estate asset. It's much better to be in a position where you can wait for when the market is advantageous." - Neil Henderson
The Synergy of Wealth Generators: Clint Harris summarizes how combining leverage, appreciation, cash flow, and tax benefits can create generational wealth and opportunities for real estate investors.
Adapting to Market Conditions: The podcast showcases the importance of adapting investment strategies to changing market conditions, like the COVID-19 pandemic.

Support Our Show

Mentioned in this episode:

Sponsored by Nomad Capital

From Single-Family Rentals to Self-Storage: One Investor's Journey

Tue, 20 Jun 2023 06:15:00 -0400

On this episode of the Truly Passive Income Podcast, host Neil Henderson talks to his co-host Clint Harris about his experience as a real estate investor. Clint discusses his South Carolina roots, medical sales experience, and path to real estate investing. He and his wife began by building a portfolio of single-family rentals before moving on to short-term rentals and self-storage. Clint also discusses the distinction between being a salesperson and an employee as well as his attraction to the concept of passive income.

Time Stamps

[00:00] Intro

[01:29] Clint Harris' background

[02:30] How sales differs from other hourly jobs as far as the income it produces

[03:42] Were there any other side hustles you tried along the way?

[04:55] How Clint's vision of where his single-family rental investing strategy was going to go versus how it actually went

[11:26] Making the move from South Carolina to Wilmington, North Carolina

[12:47] The decision to pursue the short-term rental strategy

[15:11] Building the systems to manage a short-term rental portfolio

[16:18] Solving the lack of money problem with short-term rental arbitrage

[20:39] Building a short-term rental management team

[23:50] The challenge of building a business that would then produce "passive income"

[28:42] Realizing the need to diversify into another asset class and location

[34:24] Why not continue to expand his short-term rental business? Why diversify into self-storage?

[37:43] The first self-storage conversion project

[39:02] Outro

Key Take Aways

The need to become knowledgeable about real estate investment tactics before taking action.
How data analysis can help investors make smarter selections about their real estate purchases.
The advantages of having a real estate investment portfolio that is vertically integrated with specialized service providers.
Investing in self-storage as a more diversified, inflation- and pandemic-resistant asset class than single-family rentals or short-term rentals.
The importance of diversifying your real estate investments across asset class, geography, and operator.
And much more...

Links Mentioned

BiggerPockets.com

Support Our Show Follow us on Twitter @trulypassive Follow us on Facebook at TrulyPassiveInc Follow us on TikTok @TrulyPassiveIncome Sign up for our FREE Passive Investor Course

Coming up on the Truly Passive Income Podcast

Neil Henderson's investing journey

Mentioned in this episode:

Sponsored by Nomad Capital

Distinguishing Between Truly Passive Income and Residual Earnings

Tue, 20 Jun 2023 06:10:00 -0400

There are many different ways to make money. Which ones are best for generating truly passive income, and which ones promise Passive income but aren't? That's what we're going to discuss in today's episode of Truly Passive Income.

Time Stamps

[00:00] Intro
[00:50] Understanding the difference between Passive Income and Residual Income
[03:16] The different ways people generate income, from W-2 employee, to self-employed, to business owner, to passive investor
[06:10] Explaining what we mean by "residual income" and why it's not passive
[10:16] Even successful business owners (active investors) will eventually need to invest passively
[13:50] The era of the pension is gone! You need to build your own pension by investing in assets that produce truly passive income
[15:14] Thoughts on increasing your income if you are a W-2 employee
[17:51] Reducing your annual expenses with House Hacking
[20:36] Who should start a business? Who should invest passively?
[27:23] Wrap up

Key Take Aways

Defining Passive Income: Passive income is money earned with little to no ongoing effort on the part of the recipient. Understanding the difference between passive income and residual income from side hustles or businesses is crucial for making informed decisions about where to invest time and money.
Time and Effort Considerations: It is important to consider the time and effort required to generate income, especially for high-income earners. Pursuing truly passive income, such as real estate investments, can be more beneficial than starting a side hustle or business, which may require significant time and energy.
Evaluating Investment Strategies: Knowing the end goal of an investment strategy is essential. If the goal is to generate ongoing passive income, investing in assets like apartment buildings may be more advantageous than one-time deals, such as flipping a house.
The Value of Time: For high-income earners, it is crucial to understand the highest and best use of their time. Often, continuing to excel in their current career and investing the difference with professionals who can manage passive investments may be more profitable than dedicating time to side hustles or businesses.
Ambiguity and Education: If you're unsure about the best path to take in generating passive income or side hustles, remember that ambiguity can be overcome through education. Accessing free resources and learning from others who have successfully navigated these paths can help you make more informed decisions.
Balancing Income and Expenses: To successfully generate passive income, it is essential to identify ways to reduce expenses or increase income and invest the difference in truly passive income-generating assets. This will help you achieve financial freedom without trading your time for money.

Links Mentioned

Grow with Google

Support Our Show

Coming up on the Truly Passive Income Podcast

Passive vs. Active Income: Understanding the Differences - There are many different ways to make money. Which ones are best for generating truly passive income, and which ones promise Passive income but aren't? That's what we're going to discuss on the next episode of Truly Passive Income.

Links referenced in this episode:

growwithgoogle.com

Mentioned in this episode:

Sponsored by Nomad Capital

Is Passive Income a Myth?

Tue, 20 Jun 2023 06:05:00 -0400

Is passive income, a myth?

The short answer is no, absolutely not. But the term "passive income" has been co-opted as a marketing phrase by an entire online industry, usually selling courses for producing passive income that in reality are far from passive. On this week's episode of the Truly Passive Income podcast. That's what we're going to talk about.

Timestamps

[00:00] Intro

[00:47] Neil Henderson's Background and Journey in real estate investing

[02:20] Clint Harris' background and experience in real estate

[04:30] The Myth of passive income and the reality behind it

[07:05] Wholesaler progression and the need for truly passive income sources

[09:08] A brief overview of various truly passive income strategies

[11:15] Real estate syndications as a passive income option

[13:48] The benefits of investing in real estate syndications

[15:43] Limited partners in syndications and passive investment opportunities

[18:25] The rising number of syndication opportunities in the current market

[21:32] The importance of calculated risk and networking in real estate investing

[22:13] Wrap-up and plans for future episodes

Key Take Aways

The myth of passive income: The hosts discuss the misconceptions around "passive income" and explain that many so-called passive strategies still require time, effort, and expertise.
Wholesaler progression: The typical journey of a wholesaler, from hustling for deals to realizing the need for passive income, and eventually exploring multi-family properties and syndications.
Truly passive income strategies: The hosts list various truly passive strategies such as savings accounts, bonds, stocks, mutual funds, REITs, and real estate syndications.
Real estate syndications explained: A brief overview of real estate syndications, where a group of investors joins together to invest in larger assets they couldn't afford individually, like apartment buildings or self-storage facilities.
Inflation protection with real estate: The hosts highlight the benefits of investing in real estate syndications, which can offer some protection against inflation due to long-term fixed-rate debt.
Quote: "Eventually every young person with hustle has to get to the point where the time is worth more than the money and they're looking for passive investments." – Clint Harris, explaining the need for truly passive income sources.
Syndication opportunities on the rise: Clint mentions the growing number of syndication opportunities in the current market, with more access to networking, deal identification, and market demands than ever before.
Limited partners in syndications: The concept of limited partners, who contribute capital to syndications and are passive investors, expecting returns from the project's success.
The importance of calculated risk: The hosts emphasize the difference between taking on risk and taking calculated risks, especially when investing in businesses or syndications.
Quote: "The day you stop working is the day you stop getting paid." – Clint Harris, highlighting the importance of creating passive income sources for long-term financial stability.

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Truly Passive Income, for investors, by investors - What to Expect and Why You Should Listen! [Trailer]

Tue, 20 Jun 2023 06:00:00 -0400

Welcome to the Truly Passive Income Podcast, the weekly show that brings you a deep dive into what is, and isn’t TRULY passive income.

We are your hosts, Clint Harris and Neil Henderson, full-time real estate investors who have been a part of over $40 million dollars of commercial and residential real estate transactions, from self-storage to large apartments, to short-term rentals.

The show typically runs from 30-45 minutes and is released every Monday morning just in time for your morning commute.

Sometimes it’s just Clint and Neil, but we will often bring on real estate, financial, and passive investing industry experts to talk about creative investing strategies, identify emerging opportunities, and dispel myths about passive income.

Truly successful investing often comes from a combination of time, experience, and money. You’re here because perhaps you lack one or all three of those requirements.

We can’t wait for you to join us on the Truly Passive Income Podcast where we do the heavy lifting for you, to educate you with our experience and the experience of other rockstar investors to identify investment strategies that have been proven to generate truly passive income, and don’t forget to tell your investing friends and family it is available for free in any app that supports podcasts.

Now, go dive into the episodes and remember, with truly passive income comes freedom of time, place, and purpose.

Mentioned in this episode:

Sponsored by Nomad Capital