30 minutes | Jun 1, 2023
E281: Investing in Self-Storage: A Journey of Growth with Travis Baucom
On this episode of Capital Hacking, hosts Josh McCallen and John Edwin interview Travis Baucom, an experienced real estate investor who went from owning 400 properties to having to sell them all and start over again in the self-storage space. Travis shares his story and insights into his current successful investing strategy, which involves self-storage instead of houses. The hosts and Travis also discuss the differences between house investing and commercial investing, and why Travis believes houses are not a good investment. Listeners will learn valuable lessons about real estate investing from Travis's experiences and expertise. [00:00:55] Self-storage investing strategy. [00:03:43] Real estate investment strategies. [00:06:57] Business Failure and Growth. [00:10:06] Leadership and accountability in business. [00:13:21] Real estate investment pitfalls. [00:16:50] Overcoming Adversity in Real Estate. [00:19:58] Commercial Real Estate Investment. [00:23:18] Self-storage facility management. [00:28:06] Investing in storage facilities. [00:30:04] Real estate investment opportunity.Travis Baucom faced a challenging time both personally and financially, losing his employees, properties, and assets. However, he managed to turn things around by venturing into self-storage investing. He purchased all three books on self-storage investing from Amazon, read them, and listened to numerous podcasts on the subject. He began reaching out to people, conversing with brokers, and building relationships. Travis and his wife jotted down their objectives, including the amount of storage and cash flow they desired, allowing him to concentrate on developing his self-storage business. The value-add component of self-storage investing is unique compared to other real estate investments, as it primarily involves identifying demand. In the episode, the guest speaker explains that commercial real estate is valued based on the income approach, while houses are valued based on the comparable market approach. They clarify that if you have five houses in a row, each one is likely to be worth about the same amount, regardless of their rental rates. However, with commercial real estate, such as a storage facility, if you purchase it and increase its net operating income from $100,000 to $200,000 annually, you have doubled its value. This is because commercial real estate allows for forced appreciation through business planning. The guest speaker also notes that in the case of storage facilities, they are valued solely for their real estate value, not for any additional business value. The speaker invests in commercial real estate in the Sunbelt States and near-Sunbelt States, with a focus on conservative leadership and growing populations. They currently own six facilities in Texas and plan to construct one in Austin, as well as exploring options in Oklahoma City.
50 minutes | May 4, 2023
E280: Passive Aggressive Investing Across Different Spaces with Anthony Vigilante
Today's episode we hear from Anthony Vigilante a long-time friend of Capital Hacking and we finally got him on the show! It has been a long time waiting but we are so glad he joined us. He dropped a gold mine of wealth. Don't miss this show!About Anthony Vigilante:Anthony has been in the financial industry for 20+ years running Enterprise Technology and as a Chief Security Officer. He graduated from New York University with a BS in Information Systems Management and from Fordham University with a MS in Computer Science. Anthony also holds an Advanced Certificate in Financial Econometrics and Data Analysis from Fordham's Graduate School of Arts & Sciences. Anthony sits on the National Board of Directors for America On Tech, which is a national nonprofit on a mission to mentor and guide underprivileged students to thrive in careers in technology and innovation. He regularly speaks at various conferences specializing in the areas of Technology and Cybersecurity. Anthony has been a multifaceted investor most of his life, strategically observing the overall economy in order to decide where the current opportunities may reside.
47 minutes | Apr 27, 2023
E279: The Ultimate Investor Endgame with Marc Halpern
In this episode of Capital Hacking, host Josh McCallen interviews Marc Halpern, an expert in chemistry and private investing. Halpern shares his evolution through the world of private investing, starting from real estate and learning how to maximize his IRA to become a successful investor. He also talks about the content he created, including his expertise in phase transfer catalysis. Listeners can expect a thought-provoking and informative deep mastermind on private investing.Marc is a successful part-real real estate investor who achieved financial freedom by doing only 1-2 deals per year as an active investor over 11 years (www.PartTimeInvestors.com). He then reached “The Ultimate Passive Investor Endgame” by transitioning out of active single-family home investing into high ROI truly passive private placement investing. He diversifies his private placements in three dimensions. For example, his self-directed Roth 401(k) is invested in 10 private placements in 7 sectors with 5 syndicators, fund managers, and project sponsors. Marc wrote two books on real estate investing and is a national speaker on the topic of successful part-time investing for pre-accredited and accredited investors. Marc is now launching an innovative self-improvement platform called Now Be Happier that includes his latest book “Now Be Happier,” the app for iPhone “BeHappier”, the website www.NowBeHappier.com and the TEDx talk he presented in 2022 describing the first objective metric for happiness “How to Measure Your Happiness Score and Be Happier” (https://www.youtube.com/watch?v=A9MViB3tS5w). Marc believes that financial freedom is not only about passive income but also about having the right amount of liquid assets to cover your expenses. He believes that in order to achieve financial freedom, your passive income must exceed your routine expenses, and your liquid net worth must be able to cover any special expenses you may incur.But Marc believes that financial freedom isn't enough. He believes that in order to truly be successful, you must also be happy. He has developed a new concept called the "Ultimate Passive Investor Endgame," which is about tracking your happiness and using it as a measure of success.Marc believes that tracking your happiness is essential for success. He believes that people should track their happiness in order to identify areas where they can improve. By tracking your happiness, you can focus on the areas of your life that need improvement and make the necessary changes.Marc's teachings are based on the idea that happiness is the ultimate measure of success. He believes that if you are happy, you will be more productive and successful in all areas of your life. He believes that happiness should be tracked and measured in order to identify areas of improvement.Marc's teachings are sound and achievable. By tracking your happiness and making the necessary changes, you can achieve success in all areas of your life. Happiness is the key to success, and Halpern's teachings can help you achieve it.[00:01:03] Teaching new concepts and frameworks. [00:03:35] Career transformation and growth. [00:07:02] Industrial profitable chemistry. [00:09:47] Retirement and passive income. [00:13:55] The science of happiness. [00:16:40] Maximizing Joy Without Harm. [00:19:06] Measuring happiness with metrics. [00:22:14] Optimizing Relationships and Occupation. [00:25:07] Part-time real estate investing. [00:29:30] Transitioning to Financial Freedom. [00:31:01] Real estate investment strategies. [00:36:01] Ultimate passive investor endgame. [00:37:27] Passive Private Placement Investing
39 minutes | Apr 20, 2023
E278: Three Policy Risks in the Apartment Investing and Ownership Industry with Jay Parsons
E278: Three Policy Risks in the Apartment Investing and Ownership Industry with Jay Parsons There are screening methods to combat leasing fraud and improve risk management. In today’s episode, Jay Parsons reveals the three policy risks that landlords and investors should be aware of and provides insight into the current state of the market, including price discovery and which markets are on the rise and which are on the decline. He also talks about the evolution of rental housing as an asset class and how technology has played a significant role in increasing its accessibility to individual investors. He emphasizes the importance of risk management and new screening methods to combat leasing fraud so listen now! Key Points from This Episode: Jay talks about the backstory of his life and where he came from. What are the policy risks in the industry? What does the industry look like for rental housing? How did Jay get into real estate economics? The markets Jay is seeing right now and where he sees prices going in the market. Jay talks about leasing fraud and identity verification in the industry. The other things that Jay is working on aside from leasing fraud. What percentage is Jay seeing when landlords are trying to either increase or decrease rental income? Rent controls and eviction moratoriums as emergency solutions. The gap between demand and supply of affordable housing. Tweetables: “In the rental housing world, especially in small multifamily and single-family, residential, single-family rental, the vast majority of the market is not institutional.” – Jay Parsons “Construction costs have gone through the roof. I mean, everything's expensive right now, inflation impacts construction, too. And so it's been a major factor plus, now, of course, you have higher rates as well. So we're gonna see significantly fewer new starts this year than we saw last couple of years.” – Jay Parsons “Job growth and wage growth equals a lot of housing demand. And that's a lot of traffic, knocking down your doors. But that really stopped in the second half of last year in most parts of the country. And so I think we're at a point now where, you know, obviously, the question is, when does it return?” – Jay Parsons “If you're living in a property, like a duplex or a park property, where your neighbor is not who they say they are and they've not been through proper background screening, that's a risk to renters as well.” – Jay Parsons “The broader world doesn't realize is that most people, even landlords, they want to help people who are truly in need of help and like figure out a bridge solution. But unfortunately, you also have at least a small contingent that's committing fraud deterrent towards out there and those people that you want to get out right away.” – Jay Parsons Links Mentioned RealPage Website RealPage Blog Website Jay Parsons on LinkedIn Jay Parsons on Twitter
42 minutes | Apr 13, 2023
E277: Leveraging on the Industrial Space for Freedom Beyond Finances with Kimberly Hopkins
Starting with a top-down approach and asking what you want your life to look like can help you make better decisions. In this episode with Kimberly Hopkins, she shares her criteria for choosing an asset class, and why she opted for multi-tenant industrial over multifamily investing. She told us the story of why and how she moved from academia to entrepreneurship in the real estate industry. Kim makes us understand multi-tenant industrial and neighborhood retail investing, the math behind it, and teaches us how to get started in the industry. Listen in and learn how to dissect your investment plan and take the right action. Tune in too for an extra tip on why you should include your kids in the business. Hit the play button now! Key Points from This Episode: Kim shares her background and what got her into iron peak properties. What type of real estate does Kim love? Why was the Rich Dad Poor Dad book revolutionary to Kim? Kim talks about how she got into the industrial space. The first property that Kim brought and how she started with it. Understanding the cap rate and cash on cash. What is life insurance and how much money does that distribution costs? Kim’s purpose when syndicating. The importance of involving your kids in the business. Tweetables: “After I got financial freedom, then I realized I want even more freedom. I want freedom of time. I want freedom to work on what I want, and I want to work with the people I want to work with..” – Kimberly Hopkins “I believe that life is all about concepts and pattern recognition, and solving problems and solving problems.” – Kimberly Hopkins “Every time you get a new Office tenant, they want the walls rearranged. They want the new floor, the drop ceilings, the creative office space, now they want individual offices, it's very expensive and time-consuming. So that opportunity cost is a lot you know, and then we at the time, we didn't really want retail either for similar reasons. So that left us with industrial and we knew we wanted multiple tenants that's multi-tenant industrial.” – Kimberly Hopkins “In retrospect, I realized that that was exactly what you want. In a property manager, you want a property manager who thinks of the property as his own, and just wants you to let him do his work or her work.” – Kimberly Hopkins “As the market has changed, and as we all know, it's been really hard to buy deals lately. But by some stroke of luck or something, we've actually stayed pretty consistent with that entrance cap rate.” – Kimberly Hopkins Links Mentioned Iron Peak Properties Website Kimberly Hopkins on Instagram About Kimberly Hopkins Kim Hopkins is an American entrepreneur, businesswoman, and investor. She is a former Mathematician, National Science Foundation fellow, and corporate executive in complex tax credit consulting. Kim leads asset acquisitions including negotiations, oversight of financing, due diligence, and closing as well as the development of asset management systems and processes, and financial performance for Iron Peak Properties.
37 minutes | Apr 6, 2023
EP 276: Supercharge your IRA Using Alternatives with Carl Fischer
Supercharge your IRA by venturing into other opportunities and alternative investments! Join Carl Fischer today as he talks about his business that allows people to invest in many spaces like oil and gas, precious metals, real estate, syndications, and LLCs using self-directed IRAs, 401Ks, and health savings accounts. Our conversation zeroes in on how investing through IRAs and 401(k)s works, the amount of money locked up in these retirement vehicles and the investment opportunities available to individuals through self-directed IRAs. Carl even addresses some common misconceptions about self-directed IRAs and their rules and regulations, so tune in now! Key Points from This Episode: How to take money out of Wall Street through self-directed IRA and 401(k)s. How did Carl start his business, CamaPlan, and what do they offer? How did Carl discover the opportunities in IRAs and 401(k)s? The cool things about self-directed IRAs and 401(k)s. How big is the world of IRAs and 401(k)s in the country and how much money or investable capital is locked up in these retirement vehicles? There is no taxable event in using self-directed IRAs and 401(k)s to invest in alternative investments. Do the rules and regulations for redirecting 401(k) and IRA investments vary across different states? How many individuals and families have liberated their money from IRA programs into the self-directed CamaPlan program? How much cash is under CamaPlan’s alternative investment custody? Why are only a few people taking advantage of the IRAs and 401(k)s? The trends Carl sees in the alternative investing space. What does it mean to be a self-directed investor? Links Mentioned Carl Fischer on LinkedIn CamaPlan Website About Carl Fischer Carl Fischer is a Cornell University graduate and third-generation real estate developer. Carl began his investing career in the 1970s when he was employed as a rocket scientist at Kennedy Space Center in Cape Canaveral, Florida. He is presently one of the founders and principals of CAMA Self-Directed IRA, LLC (dba CamaPlan). CamaPlan is a national company headquartered in Ambler, PA. Carl has implemented plans and managed over 20 million dollars in real estate transactions. His real estate investments include commercial and residential properties, including real property, notes, and mortgages. He has increased his net worth and controlled many endeavors with the self-direction tools available. In addition to his hands-on experience, he has spoken to many groups including real estate investors and brokers, CPAs, financial advisors, and mortgage professionals about the power and possibilities of IRA, 401(k), and qualified plan self-direction. He presently invests in PA, NJ, NY, FL, NC, and WI. Carl’s unique background, education, experience, and empirical information relating to business, finance, technical requirements, scheduling, and overall management make him a key element in the success of his clients in controlling their own financial future.
48 minutes | Mar 30, 2023
EP 275: How to Get on Shark Tank with Detrapel Founder David Zamarin
Along with exhausting all your resources, education and determination can make a big difference no matter your industry! Today’s guest, David Zamarin, tells us exactly how to get on the Shark Tank Show. He also explains how he invested the money into his education and the idea of nanotechnology, eventually leading him to develop the protective coating product, DetraPel. David shares his journey as a teenage entrepreneur and the behind-the-scenes when he joined the Shark Tank show, where he made a pitch to the sharks. What happens after the cameras stop rolling and how did his appearance on the show change the trajectory of his business? Tune in now and also learn the importance of sustainable businesses and their role in positively impacting the environment. Key Points from This Episode: David’s background and what he and his business do. David shares his story of when he was an entrepreneur in his teenage years. How did David end up making $25k a month when he was in high school? David talks about his episode on the Shark Tank Show and tells us how he got in. What did David think when the sharks started making offers, especially since he was just 19 years old? How did airing in the show take his business into a company? David speaks about how functional his business was and their marketing lift at that time. What is the company doing today in a snapshot and how much capital does David have to infuse and raise from outside investors from the beginning? David’s eco-friendly coating company and what it does. How did David raise capital for his company and how did he find investors? What is the ratio of capital to value? What is series A and what is the pivot there? The things that David is excited to be working on over the next couple of years. Links Mentioned David Zamarin on LinkedIn David Zamarin on Instagram DetraPel Website About David Zamarin Sneaker-head, serial entrepreneur, thrill-seeker, and proud founder of DetraPel, David Zamarin is the chief visionary behind his company which he brought to life in 2013 at the young age of 15. David’s passion and urgency to disrupt the growth trajectory of global challenges directly caused by irresponsible manufacturing is the driving force for the company’s philosophy and purpose which is rooted in a commitment to developing innovative formulas that reduce environmental impacts and negative health effects. While David spends most of his time working on developing DetraPel, he recently graduated Magna Cum Laude from Babson College where he received the Entrepreneurship Award. A member of several youth entrepreneurship advisory boards, David seeks to give back to the entrepreneurship community and ignite the minds of young aspiring leaders.
28 minutes | Mar 23, 2023
EP 274: Mastering Alternative Strategies with Cashflow Ninja MC Laubscher
Think beyond financial wealth and focus on accumulating and leveraging the different types of capital to fulfill the life you deserve. That’s what MC Laubscher, the Cashflow Ninja, teaches us to do as he talks about alternative investment strategies and education, and how to break free from the matrix. He also dove deeper into discussing the 10 types of capital and why you should invest in it. Listen in as he shares with us his predictions on the current state and future of the economy and society. Tune in now and find out the importance of understanding the great reset and adapting to the changes it brings as well! Key Points from This Episode: MC shares his life’s background story. How do the questions you ask determine the quality of your life? How did MC come up with the name ‘Cashflow Ninja’ and what does it mean? MC’s philosophy when investing: striving to be better every single day. MC talks about his key predictions for the next five years. What is wealth based on MC’s opinion and why? What and where is MC currently investing in? MC discusses the 10 types of capital and why it is wealth for him. Why is it important to invest in yourself and how is it going to build capital? Tweetables: “That's kind of my philosophy of how I approach business and investing. I just tried to get better every day. I don't know everything there is to know you'll never be able to do that. I have so many blind spots, I still make so many mistakes, but I just try to be better every single day.” – MC Laubscher “I do books, newsletters. Now, full-publishing company, and then also a mastermind and cashflow ninja story with a goal of sharing cashflow, investment strategies of helping people escape the rat race and get to financial freedom.” – MC Laubscher “The economy is completely going to change, it's going to be more digital.” – MC Laubscher “Wealth, in my opinion, consists of capital, knowing what types of capital you should be focusing on, and accumulating. Because capital is a store of value, right? So what types of capital do you accumulate that's going to go up in value in an environment that's turbulent, and that is resetting, so that what you have is valuable, and it's going to be repriced in whatever system is being rolled out in the coming years.” – MC Laubscher “When you focus on those types of capital, which I see as wealth because if you accumulate more of it, it just becomes more and more and more valuable. And it gives you a much more well-rounded scorecard than just a bank balance and a ton of properties.” – MC Laubscher Links Mentioned COVID-19: The Great Reset Book Cashflow Ninja Website About MC Laubscher M.C. Laubscher is a husband, father and serial investor, entrepreneur, and successful podcaster, with a passion to assist investors and business owners, creating, recovering, warehousing, and multiplying cashflow through advance strategies. A Forbes Finance Council member, M.C. is a contributor to global finance publications and creator and host of the top-rated business and investing podcasts including Cashflow Ninja (downloaded 3 million times in 180 countries) and Cashflow Investing Secrets. M.C. is also President and CEO of Producers Wealth, a virtual wealth creation firm that assists investors, and business owners to set up and implement Infinite Banking.
34 minutes | Mar 16, 2023
EP 273: Real Estate Investing Demystified: Exploring Reg D and 504 with Chris Levarek
Making real estate investing simple is one of the missions of our guest today. In this episode, Chris Levarek discusses the Reg D offerings and goes into detail on the 506(b), 506(c), and 504. He even shares his insights into multifamily investing and short-term rentals, and also discusses his partnership strategy for each deal. With a mission to make real estate investing simple for busy people, he talks about how he created a platform that allows investors to customize their investments and select different deals through a two-page deal disclosure document. Tune in now as he also dives into the benefits of joining a mastermind group and offers advice on investing in short-term rentals! Don’t miss it! Key Points from This Episode: Chris shares his background in the military and corporate IT and how he transitioned to real estate investing. How did Chris use other people’s money for his capital? How did the process of starting a fund start? The different types of Reg D offerings, specifically 506(b), 506(c), and 504. What are the projects that are currently exciting Chris today and why? What’s been Chris’ company’s success? Chris talks about how he found GoBundance and how he’s enjoying it. The things one should know before investing in short-term rentals. Does Chris’ strategies find other operational partners and his philosophy in managing and finding a deal? The kind of capital Chris brings each year. Chris and Josh talk about Unbound, a program that fights human trafficking. Links Mentioned Vacation Rental Masterclass Website Valkere Investment Group Website Unbound Website About Chris Levarek Christopher is the Operations Manager for Valkere Investment Group. He coordinates the company's management, technical infrastructure, and daily ongoing operations needed to support the business. Christopher is accountable for the development/management of the Valkere Team and for implementing company systems to improve business efficiency. He works in tandem with the Marketing and Sales Team to develop new/existing partner relationships and define/discover new investment opportunities. He lives in Phoenix, Arizona with his wife, Jamie, and two sons Christopher and Julien, where he enjoys playing the guitar, spending time with family, and reading in his spare time.
38 minutes | Mar 9, 2023
EP 272: Become the Gift Giver and Transform Your Life with John Ruhlin
When giving gifts, the gift must match your relationship with your recipient or your brand. In this episode, John Rulin talks about the power of gift-giving in building strong relationships in business and in life and that the outcomes we want in business, such as referrals, deal flow, access, retention, and loyalty, are driven by how we show up for people. He also talks about how showing up for families in uncommon ways can lead to being liked, loved, trusted, and top of mind, which also leads to referrals. Listen in as John shares his book ‘Giftology’ and how it’s helping people to learn the systems and process of the uncommon ways to show up for your most valuable relationships. Catch us now to know more about how to add value with both the gifts you give and the doors of opportunity you open! Key Points from This Episode: John shares a little bit of a backstory about who he is. John talks about his book, Giftology, and how it’s helping people to show up in uncommon ways for their most-valued relationships. How do relationships change your business, bring capital, and open pocket deal doors nobody has access to? The importance of showing up in your business. Cameron Harold’s gift-giving strategy. Thoughtful gift-giving is essential in building and maintaining business relationships. John’s opinion about Chet Holmes' "Lumpy mail" strategy. What prompted John to write the book Giftology? The unique artifact mugs John and his wife use for gifts. Step two after designing an intentional and uncommon gift for Cameron Harold. Selling training versus selling products. The power of intentionality in business. Links Mentioned Giftology Book by John Ruhlin Miracle Morning Book Giftology Group Website About John Ruhlin John will tell you, “how you love and treat people will open more doors than you can imagine.” In fact, one gifting experience (Brooks Brother experiment) has opened more doors than $10 Million in advertising could ever do. After applying principles of generosity learned from “Attorney Paul,” John started selling the largest deals in Cutco history out of 1.5 million other reps and distributors. Yes. 1.5 million. Not only was he gifting knives but he was being asked to speak on stages around the country to teach sales and marketing teams how to build relationships in unconventional ways. Simple but powerful things like focusing your care on the executive’s spouse, the assistant, and kids. Ruhlin Group started in 2000 and quickly broadened gifting options and strategies, but many of the original principles never changed. Knowing how and when to give gifts is just as important as what to gift. These “minor” details and expert knowledge have been tested and proven over a decade to bring a guaranteed “wow” to any industry from financial services to manufacturing widgets. Today John and his team have created gift packages for some of the largest companies and pro sports teams in the world, but their mission and heart is to serve and take relationships for mid-sized, privately owned businesses to a new level using their Proven Process. After spending a long time deliberating on things like is self-publishing a book a good idea, John decided to write a book that would share his ideology and the way he works in his industry to reach new levels of success.
38 minutes | Mar 2, 2023
EP 271: Transforming Lives Through Real Estate with Matt Faircloth
Putting money to work in real estate positions you to make more money. Matt Faircloth teaches us how to syndicate deals by playing the cash flow game. He shares how they started from single-family to doing smaller multifamily until they have already started syndicating apartment buildings. He also explains the real estate, investing, and fundraising terminologies he used so listeners can understand him better. Matt also explains the 1% and 2% rules for buying a rental property, the challenges of raising capital, how to raise capital for the first time, and how to further improve your capital-raising skills. Tune in now and hear about the book Matt has authored and get ready to transform your life through real estate! Key Points from This Episode: Matt shares his backstory. Matt discusses the cash flow game and how he transitioned that to syndicate. What exactly are REIAs (Real Estate Investment Association)? How did the book ‘Raising Private Capital’ come to fruition and how many books were sold? Matt speaks on how he made the large scaling happen for his business over the last 10 years. Matt discusses their company’s vision of transforming lives through real estate. The number of deals Matt has already done as far as money-wise. The people that Matt has helped through his business. The two books Matt has written and how did he divide them. Capital Provider vs. Deal Capital Provider. Matt teaches how to raise capital, especially for first-timers. Tweetables: “The 1% rule is now more of a standard and it's if the property performance is in the 1% rule, you get a pretty good chance that it's going to make at least some money for cash flow, and it's worth investigating further. So that's what the 1% rule 2% rule is.” – Matt Faircloth “I realize that without the operator, without the deal, and the know-how and the knowledge and the blood, sweat, and tears of the operators putting in, the money would have nowhere to go.” – Matt Faircloth “At the end of the day, it's hiring a bookkeeper. Super simple, but I shouldn't keep my own books. And it allowed me to expand into what can I give away, and the more stuff I give away and allow myself to focus on my core, the more successful we become as a company.” – Matt Faircloth “You should build your business to the point where you're willing to go to your own mama and ask your own mama to put money in your company. If you're not comfortable enough in the business systems that family members and loved ones can give you their money and you can feel assured that your family members and loved ones have money with you.” – Matt Faircloth Links Mentioned DeRosa Group Website DeRosa Group LinkedIn Raising Private Capital Book Meetup Website About Matt Faircloth Matt Faircloth has been a full-time investor since 2005. In that time, he has successfully completed projects involving dozens of fixes and flips, office buildings, single-family homes, and apartment buildings. He controls thousands of units in multifamily in partnership with tens of millions of passive investor equity. He is a regular contributor and podcast guest on Bigger Pockets.com, has an active YouTube Channel dedicated to educating investors, and is the author of the Amazon Best Seller, Raising Private Capital, how to Build your Real Estate Empire with Other People's Money.
38 minutes | Feb 23, 2023
EP 270: From Special Ops To Real Estate Ops with Eric Upchurch
Over, around, or through the obstacle is the way according to our guest today, Eric Upchurch. In this episode, Eric discusses his journey from being a military member to becoming an entrepreneur in the real estate sector. He explains how he got interested in real estate investing, how he connected with Markian Sitch, the founder and CEO of ADPI (Active Duty Passive Income), and how they created the Military Real Estate Investing Academy, which is now one of ADPI's flagship products. He also talks about the current opportunities in real estate investing and how military members can take advantage of them. He discusses the various services that his company provides for military members and how it is dedicated to breaking down barriers for military members and providing them with the opportunity to invest in real estate and other ventures. Tune in now and find out more! Key Points from This Episode: How does real estate investing give military members a new sense of purpose? Eric’s acronym: OATES (Over, Around, or Through the Obstacle is the Way) emphasizes the qualities he learned and honed in the military. The beginnings of Active Duty Passive Income (ADPI). The challenges faced by military members and how they can use real estate investing to overcome challenges and achieve their dreams. How the ADPI structure works. How to transition from being a military member to a real estate entrepreneur. The mission and services offered by Active Duty Passive Income (ADPI). How military members can learn about investing in real estate through ADPI. Tweetables: “People are built for growth, and it's when you start getting sedentary and lazy and don't have passion, purpose, and motivation that you start to die.” – Eric Upchurch “So now, we've spent over a year and six figures of our own money to create a fund that will allow military members to invest as little as $500 with a great return and they do not have to be accredited, and we can advertise as widely as we want.” – Eric Upchurch Links Mentioned Eric Upchurch's Website Active Duty Passive Income Website About Eric Upchurch Eric Upchurch is an Army Special Operations veteran who grew up in Central Iowa, where he learned at an early age that if you want something, you need to work for it. Following an opportunity, he relocated to California with a friend immediately after high school, attended culinary school, junior college and ultimately transferred to UC Santa Barbara where he met his wife. After graduating, Eric joined the Army where he served for six years in Savannah, GA. While managing a squad of 27 Soldiers, Eric completed a Masters degree in Aeronautical Science in 2010. As part of the Active Duty Passive Income team, Eric has a passion for educating the military community on how to create long term wealth through real estate investing, while personally investing across the country for the last seventeen years. Eric has been involved in Self-Directed IRA investing, private lending, first trust deeds, tax liens, mobile home parks, multifamily syndications, live-in flips, single family flips, storage units, turnkey buy-and-hold properties and has invested in over 2,500 apartment and storage units as both a General and Limited Partner. Eric’s life purpose is to educate, empower and to help people grow. He is excited at each opportunity to help both active duty and veterans learn how to start investing in real estate and starting the journey towards financial freedom, and has pledged to help end Veteran homelessness this decade. In 2020, his team began donating homes to Veterans Community Project.
35 minutes | Feb 16, 2023
EP 269: Self-Storage Investing Super-Sized with Marc Kuhn
It's essential to find your path and not just follow in someone else's footsteps. In this episode, Marc Kuhn shares his story of how he went from making $1 an hour working for his dad's concrete company to owning multiple businesses with over 200 units and a revenue of $25M. He shares his experiences and insights into the luxury storage industry and how he's been able to build wealth through real estate and creative deal structures. Marc takes us through his journey of self-discovery, pivot, and how he built his business from the ground up. He also shares his tips about what is contract deed and how it is used, which is a key component of his success. Tune in now and scale up your $1 revenue per hour to million dollars more! Key Points from This Episode: Marc's backstory and his early years working for his dad's concrete company. Marc shares his story of getting fired from his W2 job and returning to construction work. How Marc started to pivot into a real estate company. The number of units Mark has acquired since 2017 and his commercial and luxury storage. Marc talks about his last creative deal in the creative economy. What is a contract for deed, how does that work, and what is its difference from seller financing? How did Marc come up with deal models for real estate despite doing concretes in his early years? The purpose of CK Agency and how they manage multi-units and self-storage. Marc’s predictions of where he’s going in the next five years. What exactly is luxury storage, what is it used for, and how big is it? The method of how Marc acquires his clients. The cost it will take when purchasing self-storage unit pieces and where the energy for these units come from. Tweetables: “It's difficult to stay three steps ahead and you get kicked 12 steps back sometimes. And I really just kept fighting and kept focusing and kept in the bigger path.” – Marc Kuhn “Nowadays, the path is to accumulate assets, generate passive income and make money during it, but not making money in the conventional way. Making money through maybe doing work, but leveraging other people's time, not me necessarily doing all the work.” – Marc Kuhn “I'm leveraging my path now. I just went all the way in on conferences, to books, podcasts, courses, spending money on myself really increased my skill set.” – Marc Kuhn “I think if you can just get the path of least resistance and that was kind of my our take when we rented these [storages], we've had a lot of success with and we rent them as fast as we can build them.” – Marc Kuhn Links Mentioned Marc Kuhn on LinkedIn MAK Capital Website About Marc Kuhn In the Spring of 2010, Marc Kuhn founded MAK Construction with a vision to be the area's top concrete contractor. MAK Construction has grown from a small residential contractor to now general contracting multi-family units and commercial projects. Marc’s entrepreneurial spirit and desire to bring unmatched quality and experience to the construction industry have brought his company to where it is today. MAK Construction now employs around 30 team members and has successfully completed projects ranging from home design and building to educational and commercial facilities. They are a company that prioritizes communication, transparency and problem-solving when working with their clients. Their core values are what set them apart and have been their guide in the workplace, with clients, and in the community.
32 minutes | Feb 9, 2023
EP 268: Become a Real Estate Investor in 4 Steps with Hoan Thai
Instead of trading your time for money, trade your money for time. In this episode, our guest Hoan Thai a.k.a. Hoanzone explains to us, step-by-step, how he negotiates his own seller financing note when it comes to actively investing in real estate and how he explains complicated deals very simply, especially for his new investors. He also talks about how he was able to multiply his time and how to buy properties with almost no cash at all. Tune in now and hear about hard money lending, his four steps on how to invest in real estate and get results, and his several ways on how to get debt. Hover that play button and get more involved in real estate investing and become a hard money lender. Key Points from This Episode: Hoan shares a bit of his background and how he got into the field of real estate investing. Hoan walks us through the process of his coaching business with new investors. The four steps of Hoan on how to invest in real estate and his other 4 steps in getting results. What are the creative strategies when buying properties? How Hoan make new investors understand real estate and how to onboard them without scaring them of something “new”. How does Hoan find people that are willing to sell and how does social media help people find him instead? Hoan explains why he’s doing long-term payouts on his deals and how he’s done them over the last couple of years. How does the system work when someone wants to pull out the capital or pull out some equity? Hoan talks about how lending money works for him and his students. How do you get your properties without going to a bank, but instead, to a money lender? The typical background of Hoan’s students and what they need to invest into before becoming his students. Why are commercial properties the ones Hoan is looking to buy into right now. Tweetables: “You got to stop trading your time for money because eventually, you run out of time. So, trade your money for the time.” – Hoan Thai “Scary is what causes people to never get started. So I removed the fear so that they can start moving forward.” – Hoan Thai “Let's multiply because this is my theme in my head all the time whether melt multiplying assets. So, Hoanzone, the way I would introduce it, is like ‘Welcome to the home zone where we multiply the assets you own.’” – Hoan Thai “The more assets we own, the more money we make. And then ultimately, the more freedom we have because money is time.” – Hoan Thai “It's [his student] a person who is unfulfilled with their life as it is, and they're looking for a way out and they see real estate investing as the way out. And then they see me as the person who can explain it to them in the way that they need.” – Hoan Thai Links Mentioned Rich Dad Poor Dad Book E78: Hoan Thai - Real Estate Investor, Educator, and Founder of I Escaped My 9 To 5 Hoanzone Website Hoanzone on Facebook About Hoan Thai Hoan is a Philadelphia-based real estate investor with a bachelor's degree in mechanical engineering and a master's degree in financial engineering.
58 minutes | Feb 6, 2023
EP 267: What is ChatGPT and How Can We Harness the Power of AI For Our Businesses?
The rapid innovation of technology today inevitably reduces people’s ‘cost’ of living and increases life quality. Today’s guest, Will Brown, explains to us deeply what ChatGPT is, how it works, and how AI helps people in many aspects of their business nowadays. He also shared with us how he created an AI company that is customer service-based and sales-based. He explains how it works 24/7 and why it costs just a fraction of what you’d pay for your customer service or sales representatives. Tune in now and discover the power of AI you can use to scale your business! Key Points from This Episode: Will shares his backstory and what he’s doing in terms of business right now. How did Will start mining for bitcoin at the age of 14? Will talks about his company called MagicForm.ai and what Chat GPT is. How do his machines or AI talk to customers? How does technology reduce people’s cost of living and increase life quality? Will shares how he came up with the idea of artificial intelligence. What type of companies would benefit from Magic Form? What happens on a GPT chat and how is it a “calculator for language” today? Will totals the cost it takes for Magic Form AI to help companies scale faster. How does ChatGPT help Will, the founder, see a glimpse of his customer’s mind, demands and imagination on how would they want to use the software? Will presents a video that explains one by one how ChatGPT works. Will discusses what GPT-3 Powered Chatbot is. What is ChatGPT’s legal defense regarding how it works and how it gives information? Will clarifies how the code of the AI works. Will, Josh, and John conversed about text-to-speech and how it works. Tweetables: “These (Chat GPT) models have read the entire internet and all they're looking at is which words are used next to other words, and from that, you can ask it a question, you can have it write an essay, you can give it the medical or the bar exam, it just passed those.” – Will Brown “It increases the quality of life and reduces the cost of living. And when I say cost, I mean input costs like energy input to get a certain result.” – Will Brown “You could have an AI that's been trained and is the one source of truth for all your customers that's there to answer all their questions and hold their hand at every step along the way.” – Will Brown “If this isn't the companies of the future, where you have pretty much an entirely AI-enabled organization, I don't know how human beings stand a chance when it comes to hourly, repetitive work.” – Will Brown “This is my point that we actually have no idea what we're capable of, we have a frame of reference on what we've done, we have a frame of reference on, where we're at. And by necessity, we have invented these ideas of meaning and purpose..” – Will Brown Links Mentioned MagicForm.ai Website Will Brown on LinkedIn Will Brown on Twitter About Will Brown William grew up on a farm in northern Virginia and found that he became very bored with the constraints of the public education system very early on in his life. Searching for inspiration, Will spent his free time fascinated by the creative freedom and infinite exploration of other realities that video games offered. In 2016, at 16 years old he attended a seminar and learned about real estate investing. He saw real estate as not only access to financial freedom very early on but also a way to build a bridge between the world in his head and the world beneath his feet. Armed with $30 to his name, a deep understanding of real
36 minutes | Feb 2, 2023
EP 266: Crystal Ball Predictions on the Economy with Wealth Strategist Frederick Hubler
Having cash in your bank account is a dry powder position that is going to help you in the succeeding years and your financial advisors should’ve told you that. Today’s guest, Frederick Hubler, limitlessly shares with us his company’s wealth strategies that are proven to be true and effective because he used them himself to upscale his business big time! He also talks about how he’s been doing clips on CNBC and Yahoo Finance and gave us an overview of the world of mainstream wealth management. Tune with us now and also find out why private equities and syndication are Fred’s definition of true wealth in investing. Don’t miss all these and his several tips about future asset categories and investments you should look into! Key Points from This Episode: Fred's personal background and where he's positioned right now in terms of business. How Fred got started in being a financial advisor. Fred talks about the past, present, and future of the economy we have right now. Fred shares his take on the continuous increase of the inflation rate and where it is going. The strategy of Yale and Harvard that Fred found out and how it's changed his mindset too. Fred's thesis when it comes to buying stocks. Why do buying private equity and syndication allow you to create "real wealth"? Which alternative investments and asset categories are people buying and finding these days? The tax advantages of oil and gas investing. Tweetables: “I cheated and I looked at the annual reports of Harvard and Yale and large institutions to see what they were doing with money since they had very smart people on their team. Turned out 80% of their money is not in the stock market. And that got me down the path of specializing in alternative investments that are not the same as stocks and bonds.” – Frederick Hubler “Value is two parts, there's obviously capital and time to do it. And then there's a need for what you're doing. There's a lot of people that spend a lot of money making something that nobody wants, there's no value generated there.” – Frederick Hubler Links Mentioned Got-Ops Website Creative Capital Wealth Management Group About Frederick Hubler Frederick is an accomplished entrepreneur with more than 25 years of experience in both the financial services and technology fields. In 2003 Frederick founded Creative Capital Wealth Management Group and has grown the firm to over 25 states. Creative Capital Wealth Management Group features a trademarked retainer-based wealth management program and also provides access to accredited investments. He is also President of Retainer Based Academy LLC, a coaching and intellectual property firm for financial advisors. Frederick can be seen giving his outlook on the economy and stock market both locally and nationally. Frederick has been featured in The Wall Street Journal, US News and World Report, TD Ameritrade, and countless podcasts, traditional, and digital mediums. Frederick is an innovative leader with a keen eye for unique solutions and vast knowledge of alternative wealth-creation strategies. Frederick believes in giving back and has been President of the Phoenixville Regional Chamber of Commerce, Rotary, Kiwanis and Phoenixville Area Community Services. He has also been on the board of the LGBT Equality Alliance, the Phoenixville Senior Center, Cornerstone for Hope. He was an advisory board member for the West Chester University School of Business and The Andy Talley Bone Marrow Foundation. Frederick is married to Elizabeth and has 11-year-old twins, James and Abigail. His hobbies include technology, cigars, Eagles football, and cars (mostly Tesla).
32 minutes | Jan 26, 2023
EP 265: Why Every Agent Should Own Real Estate with Matt Donnelly
Cap rates and interest rates increasing means there are more opportunities out there. But not all are willing to take the risk. Today’s guest, Matt Donnelly, shares how he exited his landscaping business that took 20-30 lawns in just a couple of years while he was still in college and eventually jumped into real estate investing which led him to own his franchise business today. Keep listening as Matt uncovers the number one key that can change one’s wealth and that will help unlock the most important part of every real estate investor’s life. Tune in now and learn more about the property management business that he’s bought and how it can turn management into leads! Catch us now! Key Points from This Episode: Matt talks a little bit about his personal background. Matt shares about his landscaping business, his bartending and how he bridged into real estate. Why did Matt come up with the idea of selling his business to three different landscapers? Matt’s journey to becoming a full-time realtor and owning a franchise business. The management property company Matt has bought to manage single-family, multifamily, and commercial properties. How does property management help, business owners? The number of transactions through property management and the business plan Matt has for asset collection. Matt’s opinion on whether to buy in other places or to stay hyper-focused on the areas they’re currently touching. The secret of Matt’s work ethic and mindset. Matt’s vision and what he’s looking forward to in 2023. What is Matt’s mindset in the economy and how he’s calming down his clients and making them take a piece of the market’s reality right now. Matt’s forecast and his advice for investors this year. Tweetables: “Every real estate agent should own real estate and the majority of them probably don't. But if I'm a client, I would want someone that owned real estate and understands it.” – Matt Donnelly “If we don't want to purchase them [properties], we can represent them and sell it to someone else. So brings in more opportunities for the sales team and for us to grow our portfolio.” – Matt Donnelly Links Mentioned Episode 82 - Matt Donnelly Home Experts For You Website About Matt Donnelly Matt grew up in a large family and was raised in northeast Philadelphia. He attended Cardinal Dougherty High School and LaSalle University. He graduated with a major in information technology and a minor in business. Matt was a born business owner. He literally started selling lemonade on the corner when he was 7 yrs old. He worked 3 jobs throughout high school to help pay tuition. His entrepreneurial spirit kicked into high gear when he was a freshman in college. He started his own business and ran it successfully for almost 10 years. Real Estate was his true passion and after doing it part-time for 4 years, he decided to sell the business and go full-time with his real estate career, and he hasn't looked back since. Matt is co-owner of the Home Experts For You Team with Mike Sroka. He attributes his success in real estate to a steadfast commitment to customer satisfaction. Agents whose only goal is to close a deal or maximize their return on a single transaction is both short-sighted and disingenuous. By focusing on the best interest of his clients, he builds long-term relationships that last and result in repeat business and referrals.
42 minutes | Jan 19, 2023
EP 264: How to Be Happier by Trav Bell, The Bucketlist Guy
Don’t wait ‘til it’s too late! Sometimes, we are the very people that limit ourselves from being happy. We tend to wait for something to happen before rewarding ourselves. But our guest today, Travis Bell, assures us that we don’t need to wait to finally be happy. And one of the ways we can start getting that happiness is to make a bucket list and invest in it! In today’s episode, Travis shared with us the Bucket List website, what he does to reinvent it and why it is important. He also shared why he’s interested in businesses and how he’s built many successful ones. Tune in now and also learn about his franchising business and why Travis advises building an organization that’s not just about you! Don’t miss it! Key Points from This Episode: Travis talks about his background and the work he’s doing right now. How did Travis scale his personal training business and switch to becoming a professional speaker? What makes Travis’ bucket list different from all the others? Travis’ bucket list strategy is user-friendly and can be used by kids and professionals. Travis shares how he fell out of love with personal training and what triggered the ‘Bucket List’ idea. Why is it important to create your bucket list? How did the “Loneliness Epidemic” push Travis to carry a new mission of not waiting for happiness to come? Travis shares some tips and insights about being a speaker and why it is important to know where your audience is coming from so you may know how to add value. How did Travis go from being a personal trainer in his gym to transitioning into franchising? Why is it important to build a business that is not just all about you in terms of branding? Trav shares his four steps to educate people as a speaker. Links Mentioned Trav Bell, The Bucket List Guy Website Trav Bell on Facebook Trav Bell on LinkedIn Trav Bell on YouTube Trav Bell on Instagram E-Myth Michael Gerber Book 7-Day Challenge to Build Your Bucket List Website
32 minutes | Jan 12, 2023
EP 263: Invest like a Billionaire with Ben Fraser
Investing like a billionaire attracts billionaire assets as well! For today’s power-packed masterclass episode, our guest Ben Fraser explains to us the current megatrends, where he invests, the common places he’s looking into to buy new and more opportunities, and other types of asset classes they invest in. He also talks about inflation at a different depth and shares the biggest driver of inflation we have right now. Listen to this episode with Ben and be rewarded with access to the types of classes only billionaires buy into so you can invest like a billionaire as well! Keep on listening and have a bonus knowledge on one of the biggest trends – energy space – and how he managed to expand his business and his investors. Key Points from This Episode: Ben’s family life and what he does at Aspen Funds. What does it mean to buy a mortgage note? The difference between being a lender vs. being a landlord. Ben gives access to the types of classes only billionaires buy into. How did Ben expand his business, where did he find his investors, and what are his criteria? How does the tax situation go in the world of lien and note investing? Ben talks about the other types of asset classes they are investing in. The megatrends Ben has identified and the common places he’s looking at. How is globalization rewriting the whole supply chain? Ben discusses inflation and why it is one of the big trends. What is happening in the energy space––one of the biggest trends Ben is paying attention to. Why isn’t it realistic to transition into renewable energy in the time period that the politicians want? The biggest driver of inflation right now. Ben lists specific things that you can invest in. Tweetables: “A little bit of a shift in your mindset of normal real estate investing, where we're not buying the asset, we're actually buying the debt.” – Ben Fraser “We've been investing our own money into other deals because, hey, we wanna take advantage of depreciation, we wanna take advantage of leverage and doing these other strategies.” – Ben Fraser “The stock market is a rollercoaster. It's in a generally emotional pendulum that reacts to news that is coming out all the time.” – Ben Fraser “Our prediction on inflation is we think it's gonna occur and continue to be elevated for a period of time. If not, 18 to 24 months. On the low end, we think inflation is here to stay.” – Ben Fraser “If you're not putting money back into it to produce more, inevitably your supply is gonna continue to come down and it's not something you can just flip a switch on and turn the supply back up.” – Ben Fraser Links Mentioned Aspen Funds' Website Ben Fraser on LinkedIn About Ben Fraser Prior to Aspen, Mr. Fraser was a commercial lender at First Business Bank, specializing in government-backed loan originations (SBA & USDA) for one of the top SBA lenders in the nation. Before that, he was a commercial credit underwriter for CrossFirst Bank, personally responsible for underwriting over $125MM in C&I and CRE loans across various industries. He also worked for Tortoise Capital Advisors, a boutique asset management firm in energy infrastructure investments. He helped grow their institutional managed accounts from ~$3BN AUM to ~$7BN AUM. Ben was responsible for responding to all institutional RFPs from interested institutional investors. Ben completed his MBA from Azusa Pacific University and his B.S. in Finance from the University of Kansas, graduating magna cum laude.
38 minutes | Jan 5, 2023
EP 262: Age-Defying Health from Regenerative Medicine to a Health Business with Jeff Donatello
The opportunity arises when you re-evaluate your goals, including your health and financial goals. Jeff Donatello is a certified functional medicine practitioner and a certified clinical nutritionist who wanted to go into the world of helping people. He talks about the Entrepreneur Operating System (EOS) and how it is changing his business. His pivot with health regenerative medicine enabled him to share the incredible healing art—it is to give people vision, foresight, and wealth in health. Our guest shares that the first thing people should do is be healthy and successful. So you have to distill things down and put everything in proper order in order to get the best results. Learn about a great player and how his mind works on age-defying health from regenerative medicine to a health business! Key Points from This Episode: Jeff shares how he found a regenerative world. How do regenerative biologics work? What are telomeres? When purified amniotic fluid is injected, the process of tissue regeneration begins. Jeff talks about microvesicles. What is the most regenerative fluid? Jeff discusses the ethical issues surrounding the regenerative world. How does the process of transfusion work? Jeff explained that localized and generalized injections could not affect people’s routines. What are the functional medicine norms? Jeff talks about the business hierarchy in the medical field. Jeff explains why people shouldn’t be buying supplements from the internet. Where do we know where to get the right supplements? Tweetables: “Don't waste your time on the moniker. Make sure their education is everything. “ – Jeff Donatello “This is a panacea—It cures all. It doesn't. “ – Jeff Donatello “You have to really distill it down and put everything, line everything up properly in order to get the best results. “ – Jeff Donatello “Don't waste your time on the moniker. Make sure their education is everything. “ – Jeff Donatello “Wanted to go into the world of helping people somehow “ – Jeff Donatello Links Mentioned Center for Wellbeing Website Tribe of Millionaires: What If One Choice Could Change Everything? Traction: Get a Grip on Your Business About Jeff Donatello Dr. Jeffrey Donatello is a Certified Functional Medicine Practitioner, Clinical Nutritionist, and Doctor of Chiropractic. He leads the Center for Wellbeing’s care team and works hand-in-hand with the medical staff. In his 25+ years in healthcare, his focus is always on the most innovative self-healing therapies and treatments.