Mon, 27 December 2021
The more truth you put to any problem, the easier it is to solve. So, if you want to quit your W-2 job, start by doing the math. Because once you know how much you need to cover your living expenses, it’s just a matter of building your multifamily portfolio step by step until you achieve financial freedom. Mandy McAllister is Managing Member of Good Fortune Capital and Cofounder of the Aspiring Women Achieving More community. After years of chasing a commission, Mandy retired from her 9-to-5 in medical device sales to pursue multifamily investing full time. Today, she’s on a mission to help others define their own path to financial freedom. On this episode of Financial Freedom with Real Estate Investing, Mandy joins cohost Garrett Lynch and me to share her take on the different levels of financial freedom, describing how she calculated her freedom number—and achieved it 12 months later. She explains why she started small, working her way up to large multifamily properties acquired in joint venture partnerships. Listen in for Mandy's insight on securing debt to match your business plan and learn how to leverage multifamily investing to break free of YOUR golden handcuffs and live a life by design! Key TakeawaysWhen Mandy started thinking about quitting her job
Mandy’s take on the different levels of financial freedom
How Mandy financed her multifamily deals
How to decide whether to start small or go big right away
What Mandy looks for in a multifamily deal
What Mandy looks for in a joint venture partnership
Why Mandy sees long-term debt as the ultimate flexibility
What Mandy is doing to ensure consistent deal flow
Where Mandy is looking to invest right now
How COVID influenced Mandy’s decision to quit her job
What Mandy is looking forward to moving forward
Connect with Mandy McAllisterResourcesGet Tickets for Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP298.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 20 December 2021
What will make you happy? Yes, money gives us the freedom to retire early and spend our days on a beach somewhere. But it doesn't take long to realize that a fulfilling life requires purpose and meaning. That the end goal is not success but significance. Bestselling author and Top 100 Business Coach David Meltzer is the cofounder of Sports 1 Marketing and former CEO of Leigh Steinberg Sports & Entertainment, the agency that inspired the film Jerry Maguire. David is also the executive producer of the television series 2 Minute Drill and Office Hours and host of The Playbook Podcast. His life’s mission is to empower one billion people to be happy. On this episode of Financial Freedom with Real Estate Investing, David joins cohost Garrett Lynch and me to explain what he learned from his biggest failure, describing the abundance mindset he used to bounce back from losing $100M. He shares his daily habits for achieving success and fulfillment, challenging us to adopt an attitude of gratitude and prioritize what really matters. Listen in for David's insight on reframing failure and learn to engage in the consistent, persistent pursuit of YOUR greatest potential! Key TakeawaysWhat David learned from losing $100M and going bankrupt
David’s quest to empower over 1B people with happiness
David’s daily habits for achieving next-level success
Why David builds his calendar around 5-minute coaching
How David’s definition of success has changed over time
Connect with David MeltzerEmail david@dmeltzer.com ResourcesReview the Podcast on Apple [Text CONTEST to 66866] Learn More About Michael’s Mentoring Program Get Tickets for Deal Maker Bootcamp Join Michael’s Deal Maker Certification Program Uganda Counseling and Support Services Financial Freedom with Real Estate Investing by Michael Blank Office Hours with David Meltzer
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP297.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 13 December 2021
How do you get brokers to take you seriously if you’re brand new to multifamily? Savannah Arroyo and her husband Lupe talked to 50 brokers before they found one who was willing to work with them. But that relationship led to three deals in nine months, allowing Savannah to quit her full-time job as an RN! Savannah is the Founder of Networth Nurse, a platform designed to help healthcare professionals stop living paycheck to paycheck. Through the Networth Nurse blog and YouTube channel, she educates and empowers her colleagues around personal finance and multifamily investing. Savannah and her husband Lupe leveraged the Michael Blank Mentoring Program to accelerate their success, partnering with other students in our network to close three syndications and replace her income as a nurse in under a year. On this episode of Financial Freedom with Real Estate Investing, Savannah joins cohost Garrett Lynch and me to explain how she got that first broker to take her seriously. She describes how she and Lupe created a five-year game plan for their real estate business and then put in the reps, taking daily action to realize that vision. Listen in to understand the benefits of investing in your multifamily education and learn how Savannah is scaling her portfolio through partnerships and the Networth Nurse platform. Key TakeawaysThe freedom of choice real estate gives Savannah
What inspired Savannah and her husband to pursue real estate
How Savannah and Lupe came up with a real estate game plan
How Savannah got started with single family rentals
Why Savannah transitioned from SFH rentals to multifamily
How Savannah pursued real estate while working full time
How Savannah overcame limiting beliefs around raising money
How to get brokers to take you seriously as a new investor
Savannah’s first multifamily deal
Why Savannah decided to invest in coaching
What Savannah is doing to scale the business
How Savannah and her husband share responsibilities
Savannah’s advice for aspiring multifamily investors
Connect with Savannah ArroyoResourcesGet Tickets for Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join Michael’s Deal Maker Certification Program Financial Freedom with Real Estate Investing by Michael Blank
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP296.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |
Mon, 6 December 2021
John Lee Dumas spent the first 32 years of his life chasing the almighty dollar—with little success. But when he took Albert Einstein’s advice and decided to become a man of value, that’s when JLD got a taste of success. JLD is the host of the award-winning podcast Entrepreneurs on Fire, which has racked up over 100M listens and 3K five-star reviews since its launch in 2012. Through EOF, he has interviewed more than 3K of the world’s most successful entrepreneurs, delivering the inspiration and strategies listeners need to FIRE UP their own entrepreneurial journey. JLD is also the author of The Common Path to Uncommon Success: A Roadmap to Financial Freedom and Fulfillment. On this episode of Financial Freedom with Real Estate Investing, JLD joins cohost Garrett Lynch and me to discuss his early struggle to succeed and explain how he approaches the podcast as a way to provide value. He reflects on the powerful combination between hard work and passion, sharing the lessons he’s learned from elite entrepreneurs around productivity, discipline and focusing on one path to success. Listen in for JLD’s method of deciding which opportunities to pursue (investment and otherwise) and find out how achieving financial freedom can help YOU bring big-time value to the world. Key TakeawaysWhy JLD struggled to succeed prior to EOF
JLD’s short career in commercial real estate
JLD’s approach to starting the podcast
Why hard work isn’t enough to succeed
Why financial freedom is important to JLD
The key themes in The Common Path...
What JLD is investing in right now
JLD’s top takeaways from 3K interviews
How JLD picks what opportunities to pursue
How JLD decides what to invest in
Connect with John Lee DumasResourcesGet Tickets for Deal Maker Bootcamp Learn More About Michael’s Mentoring Program Join the Nighthawk Equity Investor Club Financial Freedom with Real Estate Investing by Michael Blank Rich Dad Poor Dad by Robert T. Kiyosaki Hell Yeah or No: What’s Worth Doing by Derek Sivers
Direct download: Financial_Freedom_with_Real_Estate_Investing_EP295.mp3
Category:Commercial Real Estate -- posted at: 1:00am EST |