
The Cashflow Project
228 episodes — Page 2 of 5

Ep 178Debt Funds, SFH Development, and More: Industry Trends with Tilden Moschetti
In this episode of The Cashflow Project, Tilden Moschetti, a seasoned securities attorney with over 20 years of experience, shares his insights on legal documents, compliance, and business models for fund managers, venture capitalists, and syndicators in real estate investment. Initially pursuing an MBA to enter the real estate field, Tilden eventually became a lawyer to better understand and raise funds for real estate investments. After a decade as a trial lawyer, he transitioned to helping syndicators structure deals and now combines this with his own real estate ventures. Tilden offers invaluable advice drawn from his extensive experience working with around 100 clients annually, covering topics like conservative underwriting, over-delivering on promises to investors, and navigating market volatility. He also discusses the challenges of increased taxes and insurance in the industry. Whether you're a seasoned investor or just starting out, this episode is filled with practical strategies and insights to elevate your real estate investing game. [00:00] MBA to real estate, then law school. [04:14] Acknowledging and admiring industry expertise and empathy. [08:25] Frequent court experiences provide valuable perspectives. [11:34] Negotiating win-win situations in various scenarios. [14:12] Switching to alternative investments for control and growth. [18:33] Curious about industry trends amidst tax issues. [21:06] Discussion on market trends and potential solutions. [25:33] Skilled at making stories compelling for marketing. [28:35] Tilden Moschetti at law firm thriving. [29:58] Seek feedback, improve, and take action. Connect with Tilden Moschetti! Website LinkedIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 177Building Wealth with Gold and Silver: Insights from Michael Arries
Welcome back to The Cashflow Project! 🎧✨ Today, we’re thrilled to feature Michael Arries, a seasoned advisor with 25 years in precious metals trading. Dive deep into the world of gold and silver with us, exploring their growing popularity as key investments. Michael shares why these metals are vital for wealth preservation amid economic volatility and global uncertainties. Learn the advantages of physical metals over ETFs and how strategic diversification can boost your wealth. From gold markets in India and China to gold and silver as currency, this episode covers it all. We also touch on Bitcoin and other alternative assets for a modern investment strategy. Whether you’re hedging against inflation, protecting assets, or diversifying your portfolio, Michael’s insights are invaluable. Don't forget to subscribe, invest in your future with real estate, and join us at our Hawaii Millionaire Mindset Conference. 🌴🚀 Let's dive in! 00:00 Excited to discuss alternative assets and wealth preservation. 03:59 Post-Covid experiences: health, wealth, and markets. 06:39 Gold sales increasing steadily over past 6-7 years. 10:46 Using historical cycles for gain through arbitrage. 14:04 Discussion about digital assets and currency struggle. 16:27 Protecting against inflation with gold and silver. 19:44 Bitcoin - virtual, fast, yet to secure concept. 23:31 Recommend Jim Rickards books and Lord of the Rings. 28:19 Stay updated on real estate through our meetup. 29:30 Meet amazing speakers, life-changing event, take action. Connect with Michael Arries: Website Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 176From Residential Flips to Multifamily Mastery: Kris Morin’s Real Estate Journey
Welcome to another insightful episode of The Cashflow Project! Today, we have Kris Morin, a seasoned real estate investor with over twelve years of experience. Kris started during the 2009 recession, transitioning from house flipping to multifamily real estate, discovering its stability and scale. Kris shares his journey of reevaluating career goals, building a portfolio of 50 to 60 units, and overcoming misconceptions about residential real estate. We’ll explore the advantages of multifamily investments, the importance of networking and mentorship, and the current challenges in the market, such as rising insurance costs and interest rates. Kris offers practical advice for busy professionals looking to invest in alternative assets. Tune in for valuable insights and learn how to elevate your real estate endeavors. Don't forget to subscribe, download, and share this episode to help us bring more high-quality guests to the show! [00:00] Podcast discussing investing for cash flow in real estate. [05:14] Took break, then bought and traded multifamily. [06:58] Challenging commercial property transition not always necessary. [11:09] Connect with diverse groups for business success. [15:41] Real estate creates more millionaires every day. [16:52] Becoming more visible and vocal locally takes effort. [21:57] Unplanned expenses require real-time business adjustments. [24:48] Long-term stability in real estate leads to success. [28:11] Connecticut population declining, market shifts to appeal. [30:49] Skilled in communication, storytelling, raising capital successfully. [34:31] Consider passive real estate investment in multifamily. [37:01] Connect with us for real estate investments. Connect with Kris Morin: Website Email LinkedIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 175Navigating Real Estate: From Land Development to Multifamily Investments with Darcy Marler
Welcome to The Cashflow Project! In today's episode, we feature Darcy Marler, a seasoned real estate investor with over 23 years of experience and author of four insightful books on land development and new construction. Darcy shares invaluable advice on persevering through challenging times, focusing on one's strengths, and leveraging operational partners to complement individual capabilities. We'll delve into Darcy’s unique real estate strategies, such as flipping paperwork and changing zoning regulations, emphasizing value addition without extensive construction. Darcy also highlights the potential for smaller investors to positively impact housing affordability and community development. Tune in as we explore unconventional opportunities, the impact of migration on housing markets, and expert tips on managing rental properties effectively. Whether you're a hands-on investor or looking to make real estate a side venture, this episode is packed with insights to help you navigate the industry successfully. [00:00] Real estate expert from Canada discusses experience. [04:13] Consider different real estate strategies based on personality. [08:41] Dealing with rentals, tenants, property management inefficiency. [11:02] Buying older property has potential hidden issues. [14:01] Invest in landlord-friendly areas with good growth. [17:47] Consider project timeline, costs, and contingencies carefully. [21:17] Teaching zoning and increasing land value. [24:15] Diverse real estate strategies based on local markets. [28:46] Investors can make real impact in housing. [31:09] Experience from market cycles, adapting strategies essential. [34:03] Perseverance and resilience in saving horse track. [37:54] Focus on strengths, partner to supplement weaknesses. [40:56] Know your strengths, find your best fit. [42:25] Sign off with encouragement and aloha. Connect with Darcy Marler! Website LinkedIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 174Storytelling and Overcoming Limiting Beliefs in Multifamily with Michella Chiu
Welcome back to The Cashflow Project podcast! In this episode, we have the pleasure of speaking with Michella Chiu, the impressive VP of Operations and Marketing a leading global agency. Michella's journey from aspiring history professor to real estate syndication expert is as inspiring as it is instructive. With a rich background in marketing and managing high-stakes projects for global companies, Michella leverages her unique skill set to navigate the multifaceted world of real estate investing. We dive deep with Michella on her transition from residential investments in Seattle to managing multifamily real estate across the nation, and how her storytelling prowess aids in underwriting and analyzing market trends. Get ready for invaluable insights on the importance of hard work, cautious underwriting, and maintaining trust in partnerships. Plus, learn about Michella's personal journey, including her roots in Hong Kong, her academic pursuits, and her advice for aspiring investors. Don't miss this episode packed with wisdom, actionable tips, and encouragement for both new and seasoned real estate investors. [00:00] Host welcomes guest, requests background information briefly. [05:23] Real estate investors seek unconventional advantages. [07:45] Originally wanted to be history professor, switched to marketing utilizing strengths as a historian. [12:22] High-level organizational structure revolutionizes real estate investing. [15:59] Learning investment lessons from successful parents is invaluable. [18:27] Joined mentorship program, found real estate fit. [22:25] Consider cost of missing out on growth. [24:25] Started as volunteer, worked hard, gained opportunity. [29:36] Underwriting trends and market dynamics analysis. [32:24] Avoid pushing numbers, focus on trust. [35:32] Be careful with processes and red flags. [38:11] Took losses, not comfortable, please don't dismiss. [41:29] Connect at local meetups for mutual growth. Connect with Michella Chiu! Website Instagram Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 173Utility and Revenue Solutions Through Sub Metering with Kelly Koontz
Welcome back to another insightful episode of The Cashflow Project! Today, we have the pleasure of hosting Kelly Koontz from Sub Meter Solutions. Kelly brings his expertise to the table, discussing the game-changing benefits of using metering systems for leak detection in multifamily properties. He highlights how these systems not only save water but also lower insurance premiums, offering significant advantages for property investors. Together with our host, Steve Fierros, they'll delve into the cost-effective installation processes, the integration of metering data into property management software, and the impact on operational expenses. Plus, Kelly shares practical advice on financial freedom, smart system improvements, and reveals his superpower of galvanizing his team. Stick around as we also touch on upcoming events like the National Apartment Association show and the Hawaii Millionaire Mindset conference. Tune in for a wealth of knowledge and actionable insights that can drive your property management success and overall ROI! [00:00] Appreciate your help, let's find revenue. [03:08] Entrepreneur starts business, expands utility services nationwide. [06:49] Multifamily owners recover utility costs from residents. [09:50] Residents empowered, owners recover costs, tech benefits. [15:01] Exciting technology for leak detection saves money. [17:18] Kelly recommends active leak detection for savings. [20:57] Identify ROI, provide monthly utility billing service. [25:04] Recommendations for "Atomic Habits" and "The Demon of Unrest". [26:18] Leaders of the past still relevant today. [29:57] Reflect, learn, improve, inspire, connect, strategize. [33:35] Connect with carrier team, attend local meetups. Connect with Kelly Koontz Website LinkedIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 172Changing the Game through Community Service and Non Profits w/ Michael Engram
Welcome to another engaging episode of The Cashflow Project! In today's show, we sit down with the inspiring Michael Engram, the founder of Game Changers, a nonprofit in Ohio dedicated to mentoring high school student-athletes. Michael delves into the significant challenges teenagers face and the transformative impact of having reliable adult support and mentorship during these critical years. He shares his journey, from working at Walt Disney Company to launching a national nonprofit, and how his diverse background and personal setbacks led him to create Game Changers. In this episode, you'll hear about the essential role of community and business involvement in nurturing the next generation, the importance of giving back, and how everyone has a finite time to make a positive impact. Michael also shares insights on leadership, workforce readiness for athletes, and the broader opportunities beyond sports. Listen in as Steve and Michael discuss their shared service background, the necessity of forging your own path, and the power of stepping out of your comfort zone to create lasting change. Plus, don't miss the rapid-fire segment where Michael reveals his book recommendations and the superpowers he believes drive his mission. Join us for this thought-provoking conversation and learn how you, too, can be a game changer. [00:00] Mike's academic and career journey, founding Game Changers. [04:56] Encouraging young people to strive for excellence. [08:16] Athlete work ethic essential for high schoolers. [10:14] Mentoring helped me despite a broken background. [13:56] Balancing personal expenses while giving back. [18:20] "Reflecting on past experiences, priorities, and support." [21:46] Moving offers new opportunities, overcoming mental barriers. [24:40] Avoid living in regret, trust in yourself. [29:42] Rich Dad, Poor Dad book fosters understanding. [32:08] Self-reliance and responsibility for youth outreach. [36:05] Leadership summit focuses on programming, workforce readiness. [37:28] Encouraging young people for future success and opportunities. [40:58] Life-changing content, see you next episode. Connect with Michael Engram Website LinkeIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 171Strategic Real Estate Investments and Expert Advice from Stewart Heath
Welcome to the latest episode of "The Cashflow Project"! Today, we're excited to have Stewart Heath, a seasoned financial expert and real estate investor, join us. Stewart's expertise in fractional CFO services and commercial asset investments makes him a goldmine of knowledge for aspiring investors. In this episode, Stewart shares the importance of leveraging other people's skills, understanding your own bandwidth, and hiring quality property managers. We’ll explore the nuances of multifamily properties, the challenges of transitioning from residential to commercial real estate, and lessons from Stewart's decades of experience. Don't miss this enlightening conversation on "The Cashflow Project"! [00:00] Fascination with inherited timber leads to career. [06:02] Significant mindset shift, embracing change and growth. [08:14] Seeking wealth, diving into real estate ventures. [10:33] Controlled property management led to challenges and rewards. [13:38] Transition from single to commercial properties, advantages. [16:22] Retail faced struggles in 2020, but rebounded. [21:18] Choose tenants wisely to avoid costly mistakes. [23:13] "Avoid being an accidental landlord to succeed." [27:44] Highly recommend the transformative and practical book. [30:21] Neglecting reserves led to a major setback. [32:28] Maintain reserves for market downturns and opportunities. [37:05] Stuart Heath discusses financial expertise and leveraging others. Connect with Stewart Heath: Website LinkeIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 170From Fertilizer to Finances Talking Shop with EQRP's CEO, Parker Pursell
Welcome back to The Cashflow Project! In today's episode, we're joined by Parker Pursell, CEO of EQRP, as he shares his inspiring journey from a rural upbringing to leading in self-directed retirement planning. From his roots in family business to navigating challenges during the pandemic, Parker's story emphasizes the importance of seizing opportunities and taking control of financial futures. Join us as we delve into Parker's insights on financial empowerment, self-directed retirement accounts, and his unique 'restorator' approach to business and life. With book recommendations and actionable advice, this episode offers a wealth of resources for anyone seeking to enhance their financial literacy and personal growth. [00:00] Creative sales strategy, successful with high conversion. [03:57] Worked near naval base, learned to serve. [06:51] Transitioned from various jobs to company leadership. [09:35] Learning, adapting, taking action - continuous improvement. [15:58] Advocacy for hard assets as protection from inflation. [18:20] System limits choices; people seek comfort elsewhere. [20:32] Different financial situations require strategic planning for retirement. [23:45] Creative ways to invest and strategize effectively. [29:05] Prioritize values and self over worldly success. [32:12] Seize financial opportunities with self-directed IRA. Visit tricityequity.com. [33:44] July 10-13. Share, review, improve, learn, action, vision. Connect with Parker Pursell: Website LinkeIn Connect with The Cashflow Project! Website LinkedIn YouTube Facebook Instagram

Ep 169The Financial Literacy Revolution with Expert Vince Shorb
Welcome to another episode of The Cashflow Project, where we uncover the keys to financial mastery and building a lasting legacy of wealth. Today, we're thrilled to host Vince Shorb, a beacon of financial wisdom and the founder of the National Financial Educators Council. With a passion for reshaping financial literacy nationwide, Vince brings invaluable insights that can transform your financial journey. In this episode, we'll explore Vince's journey from navigating the mortgage industry to championing financial literacy, all against the backdrop of North Dallas—a hub of opportunity and growth. From discussing the Millionaire Mindset to emphasizing the importance of resilience, Vince's wisdom is essential for both busy professionals seeking financial freedom and parents aiming to equip their children with vital financial skills. Join us as we embark on a journey toward wealth, wisdom, and well-being with Vince Shorb. 00:00 Early success in real estate led to helping others. 04:45 Cash out refinance, equity, debt consolidation, investment gains. 08:18 Financial challenges, high debt, tools for help. 11:58 Learn to navigate financial uncertainty with cushion. 13:12 Forming financial habits young avoids future problems. 16:24 Many opportunities to learn and teach together. 20:05 Investors aware of properties in Dallas, Texas. 24:50 Express gratitude, encourage reaching out for assistance. 25:56 Financial education is crucial for long-term success. Connect with Vince Shorb Website LinkedIn Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 168From Graphic Design to Real Estate Mogul - Lindsay Sharma
Welcome to The Cashflow Project! 🎙️ Join us for an inspiring episode featuring Lindsay Sharma, a real estate investment expert with a journey from graphic design to financial mastery. Lindsay shares her strategies for success, including wholesaling, rental properties, and owner-financed notes across Arkansas and Ohio. Discover the importance of cash reserves, Lindsay's shift to wholesaling on the MLS, and her plans for future ventures like commercial investing. Get ready to be inspired and learn how to apply Lindsay's cash flow strategies to your own financial journey. Tune in now! #RealEstateInvesting #CashflowStrategies 00:00 Struggled post-grad in a tough economy. Hustled. 04:59 Investors need to experience market downturns. 06:12 Real estate strategies fluctuate in cyclical market. 10:08 Lenders are cautious post-COVID, reserves vital. Florida's hot market continues. 15:38 Unrealistic expectations led to rapid scaling problems. 17:15 Learning new skills, business coach evaluates strategy. 21:05 Wealth not just financial; balance in life important. 24:52 Acknowledge losses, learn, and move forward. 27:46 Learning patience is difficult but extremely necessary. 32:15 Plan for business success; delegate and organize. 34:36 Consider outsourcing to save time and excel. 36:51 Multifamily projects conference in Hawaii, July 10-13. Connect with Lindsay Sharma Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 167The Co-Buying Code: Unlocking Property Ownership for Millennials - Niles Lichtenstein
🏠 Join us on The Cashflow Project as we explore innovative real estate strategies with Niles Lichtenstein, CEO of Nestment. Discover how joint ventures and cooperative economics are reshaping property ownership, even in high-cost markets like the Bay Area and Honolulu. 🎙️ Learn how Nestment's digital platform simplifies group purchasing and unlocks new opportunities for wealth building. Plus, get insider insights and career tips from Niles himself. 00:00 Unconventional upbringing led to successful business ventures. 06:26 Guiding groups in real estate practices and agreements. 08:37 High-cost living makes multi-generational housing necessary. 10:45 Collective action for affordable housing and change. 15:49 Changing the focus from primary to investment. 18:32 Ranking areas by hotness for homebuyers monthly. 22:04 Consider equity, cash flow, and long-term growth. 24:29 Real estate mindset shift leads to success. 27:48 My superpower is connecting the lines. 32:17 Balancing investments and reducing cognitive load. 33:52 Connect with me at nilesmintnestment.com. Exciting new lending program launching soon. 37:28 Sign up for notifications, give feedback, attend conference. Connect with Niles Lichtenstein Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 166Real Estate Investment Strategies and Financial Empowerment with Angelo Christian
In this episode of The Cashflow Project podcast, we sit down with Angelo Christian, an experienced investor and entrepreneur. Angelo shares his inspiring journey from a challenging upbringing to becoming the chairman and CEO of Christian Financial Diversified investment holdings company. The discussion covers Angelo's introduction to real estate, his work in the mortgage industry, and his focus on private lending. He also provides valuable insights and advice for busy working professionals looking to improve their financial situation. Listeners will gain valuable knowledge and inspiration from Angelo's wealth of experience and expertise. [00:00] Pursued education, found mentors, excelled in mortgage business. [03:03] Diversified into private lending, now 50% business. [06:31] Unique investor financing options tailored for real estate. [09:44] Consider alternative lending options in unique scenarios. [13:40] Good product for small investment, despite market conditions. [16:52] Real estate investors building in affordable areas. [20:45] Surround yourself with supportive, like-minded people. [25:16] Connect with us, join events, subscribe. Attend conference. [26:00] Connect with entrepreneurs, boost mindset at events. Connect with Angelo Christian Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 165Secrets Revealed! Lone Star Capital’s Approach to Real Estate Mastery - Dasha Beardsley
Welcome back to The Cashflow Project, your go-to podcast for unraveling the secrets of multifamily real estate investing. Today, we've got a special guest in the studio – Dasha Beardsley from Lone Star Capital, a force to be reckoned with in the multifamily real estate space. Dasha, with a remarkable track record of facilitating over $500 million in multifamily real estate acquisitions and overseeing a community of 400 investors at Lone Star Capital, shares her journey from an early investment in her brother's Houston deal to becoming a key player in real estate development. In this episode, we're diving deep into property management intricacies, the art of building a robust in-house team, and the significance of meticulous organization for stellar service rather than just profit. Plus, Dasha spills the beans on effective social media strategies in real estate, practical content creation tips, and the paramount importance of trust in your investment sponsor. Whether you're a seasoned investor or just stepping into real estate, get ready for a conversation filled with actionable insights and inspiring narratives that challenge you to invest with purpose and organize for triumph. Join us for an enlightening conversation with Dasha Beardsley, right here on The Cashflow Project! 00:00 Interest in real estate, transitioned from residential. 03:04 Invested in brother's real estate deals, gaining experience. 07:43 Access and trust crucial for investment decisions. 11:17 Enjoy creating positive experiences for groups, networking. 14:47 First deal had issues, led to in-house management. 16:28 Good management is crucial for successful projects. 19:46 Broad social media strategy with platform focus. 24:33 Creating impactful content matters more than views. 26:58 Recognize your superpower and play to it. 31:53 Seek advice, vet property managers for success. 33:04 Meet us in person at our events. Connect with Dasha Beardsley Website LinkedIn Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 164Data Science Meets Real Estate: Neal Bawa's Innovative Investment Approach
Welcome back to The Cashflow Project, your hub for real estate, investment, and innovation insights. In today's episode, we reconnect with Neal Bawa, a data-driven force reshaping real estate investment. Neal challenges market norms, spotlighting Idaho and Utah as data-backed frontrunners over Texas and Florida. Our dive explores Provo, Utah's investment appeal, from cost-effective universities to a growing tech corridor and world-class skiing – a personal interest for Neal. Beyond attractive locations, Neal's focus extends to filling market gaps. His build-to-rent model aims to construct 10,000 townhomes, redefining affordable housing. Join us for Neal's innovative strategies, data insights, and his mission to align investor returns with societal benefits. Don't miss this episode packed with expert advice and groundbreaking perspectives. Lock in, and let's get ready to be inspired on The Cashflow Project. [00:00] Real estate market change, seek Neal's advice. [03:21] Excited to hear your experienced market insight. [06:32] Matching data, learning from build-to-rent process. [12:33] Neal aimed for $2,000 rents in various markets. [15:59] Companies build large complexes in Reno, targeting California. [18:55] Building in new cities, offering financial security. [21:03] Innovative loan solution empowers aggressive bank engagement. [23:44] Hawaii community desires to give back. Dual-value investment. [27:01] Texas and Florida not fastest growing states. Idaho and Utah are surprisingly fastest growing. Social media misinformation leads to acceptance as fact. Data scientist monitors and tracks market changes. [31:50] Think outside the box, bring unique value. [34:55] Steve F. plans to retire from syndications. [37:52] Neal consistently delivers amazing, thought-provoking content. [39:32] Interview highlights changes in real estate industry. [42:42] Sign off, take action, provide value, aloha. Connect with Neal Bawa Grocapitus Website Courses Free eBook Join Our Investor Club Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 163Building Wealth Through Note Investing with Fred Moskowitz
Welcome back to another enlightening episode of The Cashflow Project! Today, we're diving into the lucrative world of note investing with none other than Fred Moskowitz, an acclaimed educator, bestselling author, and fund manager. Fred brings a wealth of knowledge from his transition from a computer engineer to a seasoned investor, empowering us with insights on wealth generation and the powerful role of relationship-building. In today's episode, we'll explore why diversification is crucial in your investment portfolio, especially through avenues like multifamily real estate and note investing. Fred will share his journey, from the pivotal moments that spurred his dive into alternative investments to his strategies for building a robust rental portfolio. Get ready to uncover the intricacies of the secondary market for notes, the impact of interest rates, and why notes are the investment vehicle that savvy professionals are turning to for higher yields. Plus, Fred is offering a special gift to our listeners – a report on note investing, available at giftfromfred.com. Whether you're looking to directly own real estate or transition to being the lender for stabilized income and cash flow, this episode is packed with actionable advice. Don't forget to reach out to Fred for more insights, and stay tuned for information about the Hawaii millionaire mindset conference. So adjust your headphones and prepare to be inspired—it's time to take notes on note investing with Fred Moskowitz on The Cashflow Project. Let's get started 00:00 Tech industry turmoil led to income insecurity. 04:32 Early career lessons on diversification in real estate. 07:25 Consider investing in rental properties for wealth. 11:52 Investing in real estate notes stabilizes income. 13:25 Educating investors on note investing and benefits. 17:47 Mortgage loans sold, common in secondary market. 20:38 Notes impact pricing, often resold for capital. 24:08 Considerations for note investing and minimizing taxes. 28:56 Real estate can impact generations in surprising ways. 30:58 Step out of comfort zone, ask questions. 33:45 Encouraging travel and note investing insights shared. 36:40 Opportunity highlighted by Fred, investing options available. Connect with Fred Moskowitz Website Instagram Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 162Dream Big, Invest Smart: Real Estate Wisdom with David B. Rich
Welcome back to The Cashflow Project! Today we're joined by the inspirational David B. Rich, a leadership coach and decorated veteran with an extraordinary journey that brought him to Hawaii through sheer will and strategic planning. In this episode, David shares his story and introduces the Dream Positioning System—a powerful method to turn dreams into tangible actions. Join us for a motivational session where David breaks down the art of decisive action in real estate and life, even in imperfect conditions. We'll explore the significance of mindset, creating a vision for your future, and embracing failure as part of the success journey. David's wisdom will resonate as he compares ambition to footprints in the sand, emphasizing the importance of acting on your dreams before they fade away. This conversation will highlight the powers of positive thinking and the necessity of stepping beyond your comfort zone for financial freedom. As the episode concludes, we set goals for 2024, providing you with a blueprint to reach new heights in cash flow and personal fulfillment. Don't miss out on this journey toward success, right here on The Cashflow Project! 00:00 Moved from Philadelphia to Massachusetts, cultural impact. 03:07 Mindset and travel shaped my spiritual journey. 08:07 Waiting for perfect, take action now. 09:58 Moving to Hawaii, no place to live. 16:20 GPS metaphor for success and overcoming obstacles. 18:55 Book launch leads to international signing opportunities. 20:42 Kiyosaki's cashflow game leads to success. 24:57 Military experience led to real estate success. 29:22 Inspiring others, adapting to individual needs. 31:03 Embrace failure, be resourceful, and seek assistance. 36:42 Bumblebee symbolizes defying limitations and others' opinions. 39:25 Plan for dreams to make them real. 41:14 Plan to attend the Hawaii millionaire mindset conference. Take action! Connect with David B. Rich Website Instagram Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 161From Struggle to Success: Todd Pigott's Real Estate Journey
Welcome to another enlightening episode of The Cashflow Project, featuring Todd Pigott from Zinc Financial. In this episode, Todd shares his remarkable journey from frugality to real estate mastery, emphasizing the importance of living lean to leap into the world of real estate investing. He unravels his personal experience of stringent saving and sacrifice, progressing from a lifestyle without air conditioning to strategically investing in income-producing assets. This conversation goes beyond the immediate hustle, focusing on the steady grind of building lasting wealth and preserving capital. Todd's insights, drawn from his gritty rise in real estate, offer practical wisdom for both entry-level home flippers and high-net-worth individuals. Get ready for inspiring stories of overcoming adversity, making sacrifices, and understanding the true essence of 'investing in yourself,' touching on the importance of a positive mindset and the role of physical and mental well-being in the journey to success. 00:00 Grateful for insightful conversations, especially with listeners. 04:15 Focused on desirable, low-risk real estate investments. 07:20 Thriving despite circumstances, creating value in marketplace. 09:35 Inconsistent water polo schedule leads to financial struggle. 13:04 Prioritize health, surround yourself with positivity, build wealth. 18:00 Temporary discomfort leads to long-term stability. 20:16 Encouragement for all, including beginner investors. 24:32 From entry level to ultra high net worth: Grind. 26:10 Buy, fix, rent, refinance, sell for profit. 28:56 Advice for investors: Build momentum, embrace sacrifice. 33:34 Healthy body, fit mind for success. 37:25 Be honest, take care of yourself, surround yourself. 39:58 Zinc Income Fund offers passive investing opportunities. 41:14 Interview with Todd Pigott about his inspiring journey. 44:15 Expresses gratitude for listening and encourages action. Connect with Todd Pigott Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 160Unleashing Potential: Mike and Bo's Journey in Business and Real Estate
Welcome to The Cashflow Project, hosted by Steve Fierros. In this episode, we delve into the entrepreneurial journey of Mike Merrigan and Bo Kort, two best friends managing a diverse portfolio of 43 businesses. They share insights on building and scaling enterprises, embracing a mindset that rejects traditional retirement, and investing in passions. Discover the secrets behind their relentless determination in industries from real estate to motorsports. Learn about long-term investing in cash flow assets, empowering teams without micromanagement, and the impact of mentorship on young entrepreneurs. By the end, you'll be inspired to set goals, generate opportunities, and take action for the year ahead. If you enjoy the podcast, share, review, and join our monthly real estate meetups. 00:00 Excited to chat about your varied journey. 05:46 Build profitable business, invest in real estate. 07:21 Scaling business and time management is crucial. 11:59 Deliver what you promise, provide quality service. 15:53 Maintain systems for tracking business opportunities effectively. 16:40 Building relationships through sales and real estate. 20:39 Successful individuals prioritize accountability within their teams. 23:16 Balancing work, family, and travel, enjoying it. 28:24 Texas business partner is independent and decisive. 32:25 Mindset, education, and communication skills are crucial. 33:27 Action, not just books, leads to success. 38:57 Invest in real estate for future financial security. 40:23 Experienced team involved in diverse real estate. 45:37 Mike Merrigan shares valuable business experience. 47:16 Generate income, invest in real estate, wealth building. Connect with Mike & Bo Mike's LinkedIn Bo's LinkedIn Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 159Mastering Flood Insurance with DJ McClure
Welcome to The Cashflow Project. Today, we have DJ McClure from National Flood Experts discussing flood zones and insurance in real estate investing. DJ offers unique insights on due diligence and the financial implications of flood zone designations. In this episode, DJ shares hidden opportunities that can save you thousands on flood insurance premiums. He reveals essential contacts, tools, and success stories, including removing the need for flood insurance entirely. Discover early action strategies, available resources for property owners, and the fascinating intersection of engineering, insurance, and real estate. Tune in to optimize your portfolio and enhance cash flow with DJ McClure's expertise. [00:00] Excited to work together on real estate. [03:07] Impact of cap rates on property valuations. [07:44] Understanding flood zones and flood insurance requirements. [11:01] Projects in 46 states, thousands of properties. [15:37] Significant cash out refinance, major cost savings. [18:42] Upfront cost, objective field work, successful outcomes. [20:20] Clients without flood policies need our team. [25:40] Regularly review deals to build network effectively. [28:48] Check out flood insurance coverage across 46 states. [29:46] Connect with us on social media platforms. Connect with Jason Yarusi Website LinkedIn Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 158Crushing Life and Business with Jason Yarusi
Welcome to another episode of The Cashflow Project! Today, we're delving into the world of entrepreneurship and real estate with the incredible Jason Yarusi. With a portfolio of over 2300 apartment units valued at $245 million, Jason is not only a real estate powerhouse but also a thought leader in personal development through his Live 100 project. Join us as we explore Jason's journey from New Jersey to his success in multifamily real estate, touching on the intricacies of work-life balance, especially when your business partner is your spouse. Jason shares valuable insights into sustainable business planning, adaptability, debt management, and navigating commercial debt in a high-rate environment. Discover the influence of Jason's father's entrepreneurial spirit, the power of persistence, and the importance of taking action to achieve financial freedom. We'll also discuss intentional consumption of information and media and how it shapes our thoughts and future. If you're eager to learn more, Jason will provide ways to connect and explore his new podcast for additional insights. Get ready for a thought-provoking discussion that could reshape your views on money, life, and success on The Cashflow Project! 00:00 Started various businesses, transitioned to real estate. 05:27 Focus on one market to become successful. 07:45 Learning discipline, hard work leads to success. 09:44 Reflect on failures to succeed in future. 15:45 We have what we need to progress. 17:08 Intentionally replacing bad habits leads to better life. 22:48 "Know what you need for financial freedom." 24:47 Entrepreneurial experience shared, learn from mistakes. 26:44 Emphasizing the importance of being great parents. Connect with Jason Yarusi Website Instagram Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 157Savvy Multifamily Operations with Ken Gee
Welcome to another captivating episode of The Cashflow Project, where we delve into the intricate world of real estate investment with the seasoned Ken Gee. With over two decades of experience in real estate, banking, and private equity, Ken shares insights from his journey – from a commercial lender to a full-time real estate investor. Unveiling his early successes, including a remarkable half-million-dollar profit from three multifamily deals in just two years, Ken is more than an investor; he's a strategic thinker who understands the market's nuances. In this episode, Ken and I explore the pivotal importance of having a driving force that propels one towards success. We discuss the disciplined approach to real estate that not only leads to lucrative returns but also fosters longevity in the industry. From navigating current market challenges, such as Florida's insurance costs, to maintaining disciplined underwriting amidst economic pressures, Ken offers valuable insights suitable for both seasoned investors and newcomers to the field. Join us on this educational journey with Ken Gee and let's expand our investment horizons together on The Cashflow Project. 🚀 00:00 Podcast discusses investing in multifamily real estate. 03:14 Overcame challenges, made fortune in real estate. 08:26 Summarize the text using 7 words: Understanding numbers and underwriting in finance. 11:02 Profit from rent increases, cash flow crucial. 14:20 Find, run, improve properties, understand perspective, budget. 19:09 Developers focus on ultra luxury for profit. 20:07 Create value through property renovation, drive income. 24:55 Real estate fundamentals remain despite media hype. 28:25 Strive for risk-averse assets in investments. 32:47 Struggling to find decent tenants, Karen suggests improvements. 34:00 Earn money, but don't quit your primary job. 37:02 Importance of proper commercial real estate underwriting. Connect with Ken Gee Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 156Navigating Market Shifts: Nic DeAngelo and the Art of Real Estate Investing
Welcome to a brand-new episode of The Cashflow Project. Today, we are rejoined by the wildly successful Nic DeAngelo, CEO and founder of Saint Investment Group. Nic, who began his journey in the banking industry, eventually ventured into the captivating world of real estate, where he realized his true calling. From growing up in a family with a deep-rooted work ethic to witnessing the 2008 financial crisis, Nic's journey offers great insights into the role that resilience and sustained vision play in the road to success. We'll discuss the importance of observing market conditions, the pros and cons of investing in hard assets, and the need to think long-term in real estate investing. With an impressive portfolio and a strategy-driven process, Nic and his team aim to navigate this dynamic landscape with clarity, vigilance, and adaptability. And it's not complete without some predictions about the future, especially around inflation and the adjustments investors need to make to stay ahead. Nic shares his belief that real estate is a good investment over the next decade, given a landscape of 5-6% interest rates. Expect some hearty discussion on time horizons in investing, understanding value, and forging profitable, flexible cash flow models. This episode is a wealth of knowledge and insights for both novice and veteran investors looking for strategies to fortify their financial future. Stay tuned, folks. It's going to be quite a ride! [00:00] Multigenerational immigrant family with entrepreneurial mindset. [04:05] Taking hometown opportunities for granted, settling for mediocrity. [07:25] US banks barely surviving; government pays bills. Global concerns for the finance market. Opportunity post-2008 crisis with low-cost sales. [10:37] Observing financial activities with inside knowledge. [14:19] Intense acquisition, investors wanted less involvement. [18:31] Learn to pivot and solve problems, add value. [23:02] Serious concern about future market trends. [24:00] Return to normal: interest rates will rise. [27:22] Real estate: think local, don't panic. [31:30] Start early, think long term, avoid risks. [36:45] Honoring family, appreciating sacrifice, being observant. [38:32] Powerful to acknowledge limitations; seek expertise. Value investors, long-term vision. [40:58] Monthly meetup in Honolulu, multifamily focus. Find us on Meetup.com Connect with Nic DeAngelo Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 155The Fit Investor: Holistic Living and Real Estate Success with Cale Delaney
Welcome back to The Cashflow Project. Today, we have a special guest with an incredibly inspiring journey in the world of real estate. Known as the Fit Investor, Cale Delaney turned an initial $300k investment into a $6 million real estate portfolio in less than two years! Starting out as a commercial broker, Cale transitioned to residential properties, focusing on short-term rentals in the Smoky Mountains and South Florida. With unconventional strategies and a fearless approach to real estate investing, Cale is here to share his journey, strategies, and wisdom. In this episode, we will deep dive into how he built his portfolio, his decisive steps with properties, and the lessons he's learned along the way. Not only will there be insights into the current state of the real estate market, we'll also discuss Cale's new podcast, "The Fit Investor", which encourages a more balanced lifestyle for entrepreneurs. Whether you've been investing in real estate for years, or you're just starting out, there's something to learn from Cale's journey. Tune in to hear his unique approach to achieving financial freedom with short-term rentals. Stay tuned until the end for Cale's tips for anyone wanting to embark on a similar journey. Let's venture into this cash flow journey with Cale Delaney. [02:59] 2008 crisis led to construction management career. [05:01] Long-term rentals not working, discovered short-term rentals. [09:15] Booming market propelled income, equity, purchases, growth. [13:04] Take a leap of faith, learn and move on. [15:27] Taking the first step despite fear. [17:45] First year in real estate, learning and adjusting. [20:26] Normalizing, strong revenue growth, flat year, successful. [25:56] Podcast created to discuss faith and success. [30:08] Value relationships; get outside your comfort zone. [34:55] Share, review, tickets for Hawaii conference. Connect with Cale Delaney LinkedIn Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 154Scaling Real Estate with a Mindset of Success - Jim Lee
Welcome to another episode of The Cashflow Project. Today we have a very special guest, an entrepreneur and real estate aficionado, Jim Lee. Born and raised in Taiwan, Jim migrated to the US and began his career at LoopNet, sparking his interest in real estate. His journey is a testament to persistence and determination, as he's successfully scaled to owning 600 units in just two years. Today, we'll delve into the mind of this real estate magnate, discussing everything from the inspiration he drew from Netflix's workplace culture, to the importance of transparency with investors during tumultuous times. We'll also discuss his strategies for increasing revenue, like innovatively charging for amenities. So sit back, tune in, and get ready to navigate the world of real estate with Jim Lee. 02:58 Jobless period helped develop valuable skills. Confidence in business knowledge is key. 04:17 Sales role after college, introverted, successful. Reflecting on past mindset and cultural expectations. 07:59 Struggled to syndicate first real estate deal, educated. 10:51 Networking: Growth requires leaving comfort zones. 13:43 Real estate investment brings substantial financial gains. 17:20 General partner advises transparency, avoid panic. Previous loss due to dishonesty and lack of communication. Current strategy is to inform investors and provide updates. 20:06 "Cut through, improve, opportunities arise, kudos, awesome market" 24:14 Busy professionals can achieve financial freedom through side hustles. 26:54 Persistence leads to eventual success in career. Connect with Jim Lee Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 153Durable Wealth and Asset Protection with Scott Smith
Welcome to another episode of The Cashflow Project! Today, we're joined by Scott Smith, founding attorney at Royal Legal Solutions, with expertise in protecting real estate assets and creating wealth. Scott shares his journey from auto repair to asset protection, emphasizing the significance of LLC structures and estate planning. Steve and Scott explore seizing opportunities, networking, and continuous learning, offering valuable resources and book recommendations like "Living Untethered" by Michael Singer. They conclude with a call to action, encouraging listeners to propel their financial lives forward and engage with upcoming events. Get ready for financial insights on The Cashflow Project with Scott Smith! [00:02:11] Climbing mountains led to financial concern. [00:05:25] Solid investments provide tax benefits; it takes 5 years. [00:07:19] Ambition to learn is key for mentorship. [00:12:05] Always invest to offset taxes, like a game. [00:13:59] Investing broadened expertise; delegated tasks, prioritized enjoyment. [00:18:29] Be excited for the next 5-10 years. [00:19:47] Waitress questions the man about his success. [00:25:16] Free video training on wealth building strategies. [00:27:15] Great conversation with Scott from Royal Legal Solutions. [00:29:25] Closing insights Connect with Scott Smith Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 152Fearless Finance with Jack Miller
Welcome back to another episode of The Cashflow Project! In today's episode, our host, Steve Fierros, sits down with Jack Miller. As someone who has witnessed the dynamic changes in the field over the past two decades, Jack shares his insights on navigating the challenges brought about by these transformations. From the evolution of marketing and technology tools to the importance of thinking generationally, Jack provides fascinating perspectives on setting up the next generation for success. He also dives into the strategies employed by his company, Gelt Financial, offering various financing solutions to real estate investors and business owners. Join us as we explore the impact of changes in the industry, the role of human psychology in financial situations, and the importance of addressing problems before it's too late. So grab a cup of coffee, sit back, and let's dive right into the world of cashflow with Jack Miller! Welcome to The Cashflow Project. [00:02:26] Rapid changes in real estate over time. [00:05:10] Challenges and offerings in wide-ranging lending products. [00:06:32] Creative, entrepreneurial company providing various types of capital. [00:11:57] Financial situations depend on human psychology. [00:13:19] Time-sensitive deals causing panic, we can help. [00:16:43] Leverage, blanket loans, short-term and long-term deals. [00:22:04] Most people are stuck in their minds. [00:23:28] Started company when son born in 1989. Future-focused approach. [00:26:37] Reading shapes my belief in emulating success. [00:32:12] Insightful interview with lending expert Jack Miller. [00:32:46] "Lots of great insight. Need lending help? Reach out to Gelt Financial for options. Subscribe, recommend, leave a 5-star review." Connect with Jack Miller Website Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 151Maximizing Tax Savings with Cost Segregation: Insights from Joseph Viery
Welcome to The Cashflow Project! Today, we have Joseph Viery, a tax expert and entrepreneur, on the show. Joseph shares his insights into cost segregation, a powerful tax strategy that allows investors to accelerate depreciation and increase their deductions. He also reflects on his journey and the challenges that come with success. So, whether you're an experienced investor or just starting out, this episode is packed with valuable information to help you navigate the world of real estate and optimize your cash flow. We appreciate your support and encourage you to leave us a five-star review. Your feedback helps us bring in more guests who provide incredible value to our community. Thanks for listening! 00:01:14 Cost segregation, industry changes, and tax guidance. 00:05:26 Real estate cycle brings challenges and opportunities. 00:07:42 Tax savings benefit takes a few years. 00:09:37 Depreciation: property value divided by certain years. 00:16:11 1031 exchange freezes property value for eternity. 00:18:33 Potential future benefit - if earnings allow. 00:21:53 Depreciation recapture is 25%; hold property for 1.5-2 years. 00:24:26 Powerful tax strategy for active investors. 00:29:38 Mindset is key to financial success. 00:32:17 Cost segregation allows you to carry losses forward. 00:33:37 Please review and share our show for value. Connect with Joseph Viery USAGI Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 150Growing Beyond Comfort: Vessi Kapoulian on Real Estate, Risk-Taking, and Financial Freedom
Welcome back to another episode of The Cashflow Project! In today's installment, we have a very special guest, Vessi Kapoulian. Vessi is an expert in real estate investing, particularly in the underwriting aspect of the business. Join us as Vessi shares their personal journey of stepping out of their comfort zone, taking calculated risks, and achieving financial success through real estate. They will dive into the importance of evaluating deals and partnerships, the lessons learned from their own investment experiences, and the steps they took to build a thriving real estate portfolio. Get ready to be inspired and motivated as Vessi Kapoulian shares their insights on real estate investing and the path to financial freedom. Let's jump right in! [00:01:33] Growing up in Bulgaria during the Cold War, real estate was seen as a symbol of success and investment for future generations. [00:05:13] Immigrants seize opportunities, unlike those born here. [00:08:01] Self-education led to finding homes out-of-state. [00:11:59] Stepping out of comfort zone for growth. [00:13:04] Wanted to buy duplex but faced obstacles. [00:18:53] Economies of scale, combining spaces, lending experience. [00:23:10] Regret not starting real estate sooner. Enlighten others about its benefits. [00:24:26] Value added solutions for creating passive income. [00:28:09] Safeguards for weaker players in uncertain space. [00:31:00] Professionally underwriting deals and evaluating partners. [00:36:11] "Connect with successful people for guidance" Connect with Vessi Kapoulian Website: DBA Capital Group Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 149Airbnb Empire and How to Build Yours with Michael Elefante
Welcome to The Cashflow Project! In this episode, we feature Michael Elefante, who shares his journey to financial freedom. He realized that money is a tool for time and pursuing passions. He invests in high-quality amenities and services to attract high-end guests. In this episode, he shares insights on real estate investments, leveraging opportunities, tax benefits, scalability, investing in oneself, data analysis, future trends, and technology. Whether you're a seasoned investor or just starting out, this episode has something for you. Subscribe and leave a review! [00:03:02] Desiring more money, but found true happiness. [00:06:40] Exploring real estate opportunities, leveraging and scalability. [00:10:04] Mindset crucial for transitioning from consumer to producer. [00:13:35] Changing mindset from cost savings to investment. [00:14:57] Learn from others, get coaching, save time. [00:18:41] Regulation, demand, and research are important for investing. [00:22:01] Invest in quality amenities to attract premium guests. [00:24:12] Cheap out, replace, pain, lost revenue, coaching program. [00:27:44] Transition to a liberating perspective with a book. [00:33:28] Quickly scale up, seize networking opportunities for success. [00:34:05] Multifamily group meets monthly for networking events. Connect with Michael Elefante Bnb Investor Academy Instagram Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 148Profiting from Syndication Deals: Navigating Exits for Wealth Creation in Real Estate
Welcome to another episode of The Cashflow Project Podcast! In this episode, host Steve Fierros is joined by his partner Duc Ong to discuss syndication deal exits. As the co-host of the show for many episodes, Duc is no stranger to the listeners. Together, they delve into the world of investment exit strategies, specifically focusing on real estate syndications. They provide an overview of what syndications are and how they work, emphasizing that it allows everyday investors to participate in high-quality commercial assets that would otherwise be out of reach. Steve and Duc also share the current state of their company, Tri City Equity Group, highlighting their successful track record, impressive returns, and the launch of their property management company, Black Sand Property Management. Throughout the episode, they emphasize the need for better alternatives to traditional investment options and the potential for significant returns in syndications. Join us as we dive into the world of syndication exits and uncover the strategies for maximizing profits. Let's get started! [00:01:28] Risk syndication: pooling capital to invest in larger assets. Tri City Equity Group: owns 7 assets valued at $55 million. Average annual return of 41%. Launching property management company. [00:03:56] Understanding returns and investment options; profitable exits. [00:07:15] Possible high returns, networking, not investment advice. [00:13:17] Leverage existing assets, put debt on it. Powerful strategies for wealth. Refinance, create value, boost NOI. Options for capital after refinance? [00:14:46] Consult with a CPA for tax advice. Reserve funds for tax liabilities. Use high yield savings accounts for profits. Maintain liquidity for future investment opportunities. Consider investing in multifamily syndication deals. Offset active income with passive losses. Be cautious of tax brackets. Explore cash value life insurance policies. Act as your own bank. [00:19:23] Summaries: 1. Explore previous episodes for more information. 2. Real estate investing offers infinite returns. 3. Real estate investing is a passive income source. 4. Real estate investing offers tax advantages. [00:22:43] Long-term play, real estate investment continues smartly. Connect with Duc Ong: LinkedIn Instagram Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 147Franchising Your Way to Financial Independence: Insider Tips from Bob Bernotas
Welcome back to another episode of The Cashflow Project! Today we have a very special guest joining us: Bob Bernotas, a franchise consultant with decades of experience in the industry. In today's episode, we'll be diving deep into the world of franchising, uncovering the keys to success, and exploring the financial opportunities that lie within. Bob shares his expert insights on understanding the true needs of candidates and clients, the value of partnering with top-performing brands, and the importance of approaching franchising with an open mind. From the cyclical nature of the economy to the impact of COVID-19, Bob sheds light on how these factors shape the franchise landscape. He also shares his personal journey from owning a computer software company to becoming a successful franchise consultant. So, if you've ever wondered about the ins and outs of franchising, how to scale your business, or how to find the best financial opportunities, this episode is for you. Stay tuned for an informative and eye-opening conversation with Bob Bernotas on The Cashflow Project! [00:01:25] Started own software business, then bought franchises. Now consults for franchisees. [00:06:02] Franchising offers scaling opportunities with existing infrastructure. Many clients seek part-time business ventures. Franchisees can build legacies for their children. Scaling in franchising can be done through opening more units. Scaling can be costly in brick and mortar businesses. Service-related concepts allow for cheaper scaling. A lucrative example is a gutter installation concept. Franchisees can acquire multiple territories for increased financial upside. Adding new services to existing customer base is possible. Clients can expand their business by buying additional brands. A successful couple quit their jobs to pursue franchising. [00:11:35] Focus on ROI and ethical value. [00:15:53] Powerful questions for real estate business cycles, COVID impact, and consulting benefits. [00:19:11] Brick and mortar retail costs considerably more. Retail cost doubles compared to other concepts. Service businesses are more scalable. Hot concept too good to pass up. [00:20:41] Franchise investment options and strategies for success. [00:24:16] Background irrelevant. Franchises seek smart, driven people. [00:26:53] Territory is crucial; focus on emerging brands. [00:30:30] Identifying traits, analyzing needs, finding better fit. [00:35:27] Risk in franchises, focus on successful ones. [00:38:21] Conversation with Bob Bernardes on franchise opportunities. Connect with Bob Bernotas www.franchisewithbob.com/ Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 146CP 146: Short Term Rental Ownership, Sales and Management with STR Nation's Stephanie Figueros
Welcome back to another episode of "The Cashflow Project"! In this week's episode, we have a special guest, Stephanie Figueros. Stephanie is a former registered nurse who made a bold career shift during the pandemic to pursue her passion for real estate investing. Join us as we dive into her inspiring journey, from leaving the stability of the medical field to becoming an agent for investors, specializing in short-term rentals. Stephanie shares her insights on mindset, the importance of building the right community, and her strategies for success in the ever-evolving short-term rental market. So grab your tool belt and get ready to learn from one of the industry's rising stars. 00:01:38 Former nurse turned real estate investor and coach. 00:04:47 Real estate offers options and opportunities. 00:08:00 "I love that tool belt analogy, right?" 00:13:20 "Start, do it scared, learn on the job." 00:14:36 Short-term rentals started as a business. Marketing is important for success. Constantly improving to stay competitive. 00:18:39 Virtual and in-person community for short-term rentals. 00:25:01 California, Texas, Tennessee, Florida are main markets 00:27:33 Diverse markets and geographic balance are key. 00:33:17 Don't do it alone, seek successful examples. 00:35:37 Great episode with Stephanie Figueros on short-term rentals and making career shifts. Check out their website and meetups. Share the podcast for more empowerment. Connect with Stephanie Figueros Instagram: @stephaniefigueros https://www.eventbee.com/v/strnationconference#/tickets Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 145CP 145: Mastering Long-Term Holds: Real Estate Investing Tips from Drew Breneman
Welcome back to another episode of The Cashflow Project! In today's episode, we have a special guest, Drew Breneman, joining us to share his wealth of knowledge and experience in the world of real estate investing. Drew is the founder of Brenneman Capital, a company that not only helps him grow his own wealth but also assists other investors in establishing their cash flow and building their own financial empires. With over $175 million worth of properties under his belt, Drew brings a unique perspective and expertise to the table. In addition to his real estate ventures, Drew has an intriguing background as a magician, adding a touch of magic to his success story. We'll dive deep into his journey, from his humble beginnings in self-managing rental properties to specializing in multi-family deals and acquiring properties off-market. Drew will also discuss the importance of partnerships, long-term thinking, and the pursuit of generational wealth. So, sit back, relax, and get ready for an eye-opening conversation with Drew Breneman on The Cashflow Project! 00:02:53 Started young with an internet business, magic. Resold video game items, then got into real estate investing in college. Bought properties, made profits, expanded to commercial and multifamily deals. Focused on cashflow, leased long-term. Developed expertise in Chicago market. 00:14:55 Naturally money-minded individual encourages son's investment. 00:18:16 Confidently assessed and researched, successfully completed deals. 00:21:43 Mixed experience managing properties in multiple locations 00:26:41 Cash flow strategy worked in the past, but current deals offer low cash flow. Buying now at a discount may lead to big returns in the future. New projects halted, rents may explode, interest rates could drop. Long-term holds have built wealth. 00:34:14 Investment strategy: simple, long-term, high return. 00:39:50 Choose: passive investing or entrepreneurial path. 00:41:57 Kids parties, investing, podcast, social media, guidebook. 00:45:20 Partnerships can be powerful for investors. Long-term thinking and wealth building are important. Connect with others and provide feedback. Connect with Drew Breneman www.breneman.com/ Connect with Tri-City Equity! Website LinkedIn YouTube Facebook Instagram

Ep 144Bankrupt to financially free in 3 years through self storage w/Chris Long
Welcome back to another exciting episode of The Cashflow Project! In today's episode, we have a special guest, Chris Long, joining us to discuss his innovative business model in the real estate sector. Chris is the mastermind behind Longyards, a company based in Florida that utilizes industrial-zoned space to cater to larger storage needs. In our conversation, we dive deep into Chris's journey as a CEO and business owner, exploring the valuable advice he has to offer. We'll also touch upon the challenges he faced, the lessons learned from bankruptcy, and how he managed to bounce back and rebuild his wealth in just three years. Chris emphasizes the importance of having clear checklists, achievable goals, and the relentless pursuit of action, perseverance, sacrifice, and resourcefulness. This episode will inspire you to take charge of your financial freedom journey and equip you with practical strategies to navigate the business landscape. Steve: Welcome to The Cashflow Project, I'm your host, Steve Fierros, with Tri-City Equity Group. Today we have Chris Long on the show. Chris Long is the founder and operator of Longyards Storage. After nearly a decade as a carpenter and business owner of Conrad Construction, Chris ventured full-time in the realm of self-storage. Having created the very first Longyards Storage in his hometown of Ottawa, ON, Canada, he emigrated to the United States to pursue the international buildout of the company. He is responsible for the construction, stabilization, and management of assets. [00:01:33] Long Yard solves gap in marketplace by providing yards for small businesses. [00:05:51] Entrepreneurial spirit leads to fearless persistence and success. [00:07:39] Importance of mindset in entrepreneurship and overcoming fear. [00:11:46] CEO learning curve, building team, acquisition challenge [00:13:43] The humility of business owners is crucial. Growing pains are inevitable. Tweak and dial in as you go. Challenges are part of the journey. Focus on specific areas or operate on both fronts. [00:17:35] Seeking wholesalers for industrial and commercial land. Multiple layers of filtering and zoning codes. Looking for four to six acres of industrial land near highways and good demographics. Innovating a U-Haul model for land acquisition. Join venture with landowners through franchising, joint ventures, or leasing. [00:22:19] Unique model, high cash flow, strong partnerships. [00:24:47] Florida offers awesome opportunities for investors. [00:28:03] Identifying opportunity in red ocean, creating blue ocean. [00:33:41] Achieving financial freedom: Clear goals and perseverance. [00:36:27] "Awesome interview, great business advice for entrepreneurs." Connect with Chris Long • Website • LinkedIn • YouTube • Facebook • Instagram

Ep 143CP 143: Unleashing the Power of Passion and Investment with Dan Brisse
Welcome to The Cashflow Project, where we bring you the stories and strategies of successful individuals who have built lasting wealth and passive income. In today's episode, we have a very special guest: Dan Brisse, co-founder of Granite Towers Equity Group and a former professional snowboarder. Dan's journey is an inspiring one, as he transitioned from the world of extreme sports to the realm of real estate investing. With over 2500 doors valued at about $370,000,000, Dan is a true expert in the field. He co-authored the book "Four Steps to Successful Passive Investing" and co-hosts "The Keeping It Real Estate Show." In this episode, Dan shares his insights on the importance of teamwork in the commercial real estate business and the benefits of working with experienced operators. He also emphasizes the significance of investing in strong multifamily assets, especially in a thriving market. But it wasn't always smooth sailing for Dan. He faced skepticism about his snowboarding dreams but persevered with the support of his parents. After a successful career on the slopes, he realized the necessity of creating passive income and delved into the world of real estate. Dan's story is a testament to the power of mindset and the importance of surrounding oneself with successful individuals. He shares his strategies for identifying underperforming properties, capitalizing on opportunities, and creating wealth through careful planning and partnerships. This episode also delves into the crucial topic of inflation and the consequences of excessive money printing. Dan's insights shed light on the need to outpace inflation and make wise financial decisions in an ever-changing economic landscape. So join us for this captivating episode as we explore Dan Brisse's journey, learn from his experiences, and gain valuable insights into building wealth and passive income. Don't forget to leave a review and connect with us on social media to stay updated on active deals and events. Get ready to step into the world of financial growth on The Cashflow Project. Let's dive in! [00:01:54] Midwest kid becomes successful snowboarder, then investor. [00:07:07] Career winding down, seeking new direction in real estate. [00:08:19] Creating wealth, freedom, and passive income. [00:11:56] Real estate investing requires expertise and vision. Identifying opportunities can lead to significant wealth. Confidence, knowledge, and a solid business plan are crucial. [00:15:36] Best time to buy, savvy investors cleaning up. [00:21:02] Printing money leads to long-lasting inflation fallout. [00:23:10] Mindset is key to achieving goals. [00:27:09] Start slow, progress steadily, avoid injury. [00:32:04] Snowboarder Dan shares his incredible career journey. Transitioned to syndications, creating wealth opportunities. Emphasis on investing for wealth preservation. Seek active opportunities via website and Facebook group. Connect with Dan Website: granitetowersequitygroup.com Connect with Tri-City Equity! • Website • LinkedIn • YouTube • Facebook • Instagram

Ep 142CP 142: Hawaii Millionaire's Mindset with Dearonne Bethea/ Vince Gethings
Welcome back to another exciting episode of "The Cashflow Project"! On today's show, we have a special guest, Vince Gethings, joining host Dearonne Bethea to discuss the Hawaii Millionaire's Mindset. Vince is a true entrepreneur and is creating his own franchise that will soon be released during an eagerly anticipated event. He shares his journey of building a brand, starting in the Texas market, and expanding to Hawaii. Vince's goal is to position his franchise as the fastest growing in the industry, with plans to open two to three stores within the next year. But that's not all - Vince also delves into his impressive portfolio, filled with trophy items he plans to pass down to his children. Vince Gethings is an experienced real estate coach and entrepreneur who has been grinding for success for over 15 years. He has joined forces with a business partner to create a unique event that goes beyond the typical conference experience. Instead of hosting an event at a generic location, they aim to showcase the luxurious lifestyle they have worked hard to achieve. They plan to hold their event at prestigious venues such as the Four Seasons in Ko Olina and the Moanalani on Big Island. By combining vacations with education, they hope to offer participants a world-class experience that emphasizes legacy wealth. Vince's expertise in real estate, short-term rentals, vacation rentals, and flipping houses, coupled with his partner's business scaling and military background, makes their conference stand out from the rest. They are also incorporating retail and franchise scaling experts into their program, creating a comprehensive strategy that is unparalleled in the industry. With negotiations already underway for next year's event, Vince is incredibly excited about the success of their venture. 00:02:41 Exciting conference showcasing legacy wealth and innovation. 00:04:56 "Build cash flowing assets, create generational wealth." 00:08:08 Military veteran invests in real estate, achieves exponential growth, utilizes tax strategies. 00:13:00 Left military early, made a million. 00:17:20 Changing mindset to achieve multiple income streams. 00:21:10 Creating LP opportunities, franchise launch, expanding portfolio. 00:24:41 Building important assets, perfecting operations, scaling. Connect with Tri-City Equity! • Website • LinkedIn • YouTube • Facebook • Instagram

Ep 141Trials to Triumph with Caleb Johnson
We usually see the portraits of success from people who are accomplished. But behind the achievement, everyone has a story that got them to where they are. In this episode of The Cashflow Project, Steve welcomes Caleb Johnson of Red Sea Capital, in a discussion about motivation, mindset, origin story, and market outlook for real estate. Caleb's experience, hardships, and perspective from the challenges of life at a very young age drives the lessons in their conversation. Outline of the episode: 01:43 – Caleb's Journey to Real Estate 04:23 – On getting lulled into the trap of a job. 06:02 – Taking action sooner. 07:13 – Differences of residential and commercial investments. 11:09 – About Caleb's podcast: From Trial to Triumph 12:24 – Learning from and benefits of hosting a podcast. 13:35 – The importance of a positive and solid mindset. 15:24 – On the story behind motivation for succeeding. 19:04 – Long term outlook, opportunities, and dichotomies. 23:02 – A great picture for value creation 24:42 – On underwriting and advise on building relationships. 28:01 – Fire Round: Best book recommendation 28:37 – Fire Round: What is your superpower? 29:12 – Fire Round: Biggest Lesson from career 30:40 – Advise for the busy working professional 32:30 – Caleb's contact info About Caleb Johnson: Caleb has been an entrepreneur since the age of 18, he founded Red Sea Capital in 2022. Prior to that, he joined NK Development Group in 2021 where he aided in capital and acquisition to grow the company to over 450 units in 2 years. He currently manages assets in numerous locations like New Mexico and Oklahoma. He also has fractional partnership interest in multifamily and retail properties in Arizona since 2021. His mission is to be a faith-based professional, committed to investors, and building relationships. Connect with Caleb Johnson … Website: https://redseacapitalgroup.com/ Caleb's Podcast: https://redseacapitalgroup.com/listen/ Connect with The Cashflow Project! • Website • LinkedIn • YouTube • Facebook • Instagram Connect with Tr-City Equity Website: https://tricityequity.com/

Ep 140How to Survive in Real Estate with John Schuchman
In this episode of The Cashflow Project, Steve talks with John Schuchman about his journey to success in real estate, and the role social media played in his career. Their practical and relational approach to ideas is what makes this episode a must, not only for real estate investors for entrepreneurs in genera. John shares important lessons in his life experiences, from investing in yourself to establishing quality connections with random people through social media. When promoting your business, posting on social media is a daunting task for most people. How do you even get started with what to post? I'm not good at this, what would my family and friends say? Intrigued? Let's find out more. Outline of the episode: 01:32 – John' journey to real estate through multiple jobs 04:42 – Leveraging social skills and social media. 06:23 – From first house sold to paying off debt in two years. 11:09 – Investing % of your income to become better. 15:26 – On the power of mastermind and surprise lessons. 17:07 – Sharing life lessons and calling success into question. 20:05 – Constantly pushing yourself to be better in all aspects. 23:01 – On perspective when utilizing social media. 28:32 – Posting as a storyteller, not begging for a sale. 31:12 – Dealing with negative generalizations from the public. 34:31 – Understanding client needs and generosity from success. 39:21 – An important tip for investors 42:18 – Fire Round: Best book recommendation 43:47 – Fire Round: What is your superpower? 45:35 – Fire Round: Biggest learned so far 46:50 – Advise for the busy working professional. About John Schuchman: John communicates well with agents and their entrepreneurs and has a heart for helping others succeed. His kindness and expertise come through clearly in his voice. By way of background, John lost a full-time W-2 job and struggled mentally and emotionally for months before he found his home in real estate business and a passion for not only helping his own clients, but he also has a gift for helping others grow businesses organically through the power of social media. John coaches others to do this with no cold-calling and no-pitching, just purely sharing stories and treating people the right way. Connect with John Schuchman … Website: https://therealestatesurvivalguide.com/ Email: [email protected] LinkedIn: https://www.linkedin.com/in/johnschuchman/ Instagram: https://www.linkedin.com/in/johnschuchman/ Facebook: https://www.facebook.com/JohnSchuchman/ Connect with The Cashflow Project! • Website • LinkedIn • YouTube • Facebook • Instagram Connect with Tr-City Equity Website: https://tricityequity.com/

Ep 139Creative design, shipping containers and real estate with Rick Coughlin
Is it possible to bring together your experience from another market segment, and merge it with your passion while addressing a market gap? Join Steve in this episode of The Cashflow Project, as he talks to Ric Coughlin of Grove Studios in a very creative discussion about design, technology, music, real estate, and how innovating the short-term rental business model brings them all together. Together let's learn how we can monetize on our passion! Outline of the episode: 01:09 – Rick's entrepreneur journey. 03:53 – Merging the love for technology, music, and real estate. 06:17 – How they started a short-term rental for creatives. 08:57 – Leveraging experience and competence from a different segment 12:11 – Bringing together disparate ideas and making them work. 12:41 – Recognizing the gap and building a business model. 14:10 – On repurposing underutilized spaces and shipping containers. 17:16 – On using automation technology and parallels with short-term rentals. 21:22 – A walkthrough of their project in Tucson and their long-term plans 23:28 – Self-awareness on skills and partnering with the right people. 27:40 – Upcoming projects in Detroit and valuing integrity 33:36 – On social media presence and education-based marketing 35:47 – Benefits of using containers, even for multifamily purposes 40:44 – Fire Round: Best Book 42:52 – Fire Round: What would you consider your superpower? 44:58 – Fire Round: Biggest lesson you've learned 47:50 – Advise for the busy working professional About Rick Coughlin: Rick is a versatile professional with over 25 years of experience in education, administrative leadership, sales, and enterprise technology integration and is an active short term rental operator. Rick's journey began as the co-founder and Chief Vision Officer of Grove Studios, a 24/7 self-service creative studio startup. His vision for scaling music, audio, and visual production studios globally using modular cargo architecture design led him to join the innovative architecture firm Three Squared Inc., where he continues to push the boundaries of construction practices. Rick's unwavering commitment to growth, his expertise in innovative construction, and his passion for providing exceptional guest experiences make him a dynamic professional in the field of short-term rentals. Connect with Rick Coughlin … Grove Studios Website: https://grovestudios.space/ ThreeSquared Inc. Website: https://www.threesquaredinc.com/ LinkedIn: https://www.linkedin.com/in/iamrickcoughlin/ Instagram: https://www.instagram.com/iamrickcoughlin/ Facebook: https://www.facebook.com/iamrickcoughlin Connect with The Cashflow Project! • Website • LinkedIn • YouTube • Facebook • Instagram Connect with Tr-City Equity Website: https://tricityequity.com/

Ep 138Success in family and business with Jim Sheils
Join Steve Fierro in this episode of The Cashflow Project, as he sits down with Jim Sheils and discuss how it is possible to take care of both your business and your family together. Jim's successful career in real estate is matched with his success in his family life, bringing a heartwarming and inspiring message of being able to buy back time to spend with your family. For a lot of entrepreneurs, focusing and growing a business requires time away from the family with an earnest hope that they would understand. But, despite their understanding, does your family dynamic really stay the same or as expected when you're not around? Tune in to this very interesting conversation. Outline of the episode: 01:17 – Jim's journey into Real Estate and lessons along the way 04:02 – On current markets and being better prepared. 05:13 – Jim's business strategies over time 06:54 – Challenges in older properties and the 3-year curse 10:24 – Starting small with better quality. 12:06 – Benefits of a modern property 14:13 – The real estate market in Florida 16:33 – On hyperlocal nature of real estate 17:49 – On holding high quality hard assets. 19:20 – About 18 Summers, and Jim's family life 21:10 – Success is debatable if you lose your family. 22:19 – Real Estate as a leveraging tool 23:30 – The math of 18 summers and making it count. 25:02 – The impact of not being present for your family. 26:39 – You can have the best of both worlds. 31:19 – A new book: The Passive Income Playbook 33:17 – Fire Round: Best Book 34:09 – Fire Round: What's your superpower? 34:33 – Fire Round: Biggest lesson learned so far 35:22 – Advise for the busy working professional About Jim Sheils: Jim Sheils is a full-time real estate investor for over twenty-two years, completing over 2,000 acquisitions and rehabs. After his start in Bakersfield CA, he came to Florida to follow the long-term growth patterns he was seeing predicted for the southeastern United States. Post 2008, his company, Jax Wealth Investments focused on bulk foreclosure acquisitions for several years until creating a joint venture with Carter and Chris Funk to focus on the emerging “Build To Rent” model. In 2022, after over $300 million in deals together, Jim came on as a full partner in SI Homes. This dynamic partnership has enabled him to better develop key initiatives and relationships with both clients and strategic partners. In addition to real estate, Jim is co-founder of the company 18 Summers and best-selling author of the popular book “The Family Board Meeting”. His family talks have been delivered on stages worldwide and are a matching core value for our team and many of our clients. Connect with Jim Sheils … Website: https://southernimpressionhomes.com Website: https://www.18summers.com/ Connect with The Cashflow Project! • Website • LinkedIn • YouTube • Facebook • Instagram Connect with Tr-City Equity Website: https://tricityequity.com/

Ep 137International Short term rentals with DeAnna Lee
Join Steve in this episode of The Cashflow Project as he sits down with DeAnna Lee, a short-term rental investor and founder of Destination Dream Homes. DeAnna takes us on her inspiring journey into real estate investing, sharing her early experiences with house flipping and the strategic decision to purchase a duplex as her first home. Discover how a challenging flood incident transformed her perspective, leading her to explore the world of Airbnb rentals and remote property management. Tune in to gain wisdom from DeAnna's personal journey and discover the possibilities of short-term rentals and remote property management. International Short-term rentals with DeAnna Lee DeAnna is a real estate investor and entrepreneur who shares valuable lessons learned along her journey. She emphasizes the importance of having backups and contingencies in place, investing in the best team, and surrounding oneself with like-minded individuals. DeAnna discusses her international real estate ventures, including her experiences with financing properties and leveraging debt strategically. She highlights the power of visualization, gratitude, and setting goals. DeAnna also shares her current projects, a glamp site in Utah and a wellness retreat in the Dominican Republic, and invites interested individuals to reach out. She recommends seeking education and mentorship, and shares her personal story of overcoming challenges About DeAnna Lee: DeAnna Lee is the host of Destination Dream Homes and a passionate individual who combines her love for nature, design, and real estate to create unforgettable experiences for guests. She started her journey as a single mom, purchasing her first duplex and renovating it into a cherished home filled with memories. Over time, she discovered the potential to merge her interests into something remarkable—providing beautiful spaces and top-notch amenities for travelers. DeAnna's goal is to offer a stress-free vacation experience, allowing guests to unwind and enjoy every moment without worrying about the details. She strives to create an atmosphere of ease and relaxation, ensuring that her guests return repeatedly, building lasting memories with their loved ones. Outline of the episode: (0:02) - Welcoming a Passionate Real Estate Investor (1:14) - Exploring the Exciting World of Real Estate (5:55) - The importance of no borders in investing: Unleashing Opportunities in Short-term Rentals (10:51) - The importance of level setting: Aligning Expectations for Success (18:21) - Maximizing Returns and Weathering Storms (22:29) - Building Dreams and Creating Experiences (27:05) - The power of vision boards and visualization: Manifesting Success through Clarity and Gratitude (33:56) - Learn from Mistakes and Prioritize Self-Care (37:54) - Connecting, Overcoming Barriers, and Expanding Networks Connect with DeAnna Lee … Website: https://destinationdreamhomes.com/ YouTube: https://www.youtube.com/channel/UCu5gmWUfrXZ6QTMBud_Lf1Q Instagram: https://www.instagram.com/destination_dream_homes/ Facebook: https://www.facebook.com/DestinationDreamHomes/ Connect with The Cashflow Project! • Website • LinkedIn • YouTube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 136Impact and Income through Residential Assisted Living w/ Isabelle Guarino-Smith
Welcome to The Cashflow Project! Join Steve as he explores the world of residential assisted living with the incredible Isabelle Guarino-Smith. Discover Isabelle's inspiring journey and how her family revolutionized senior care by transforming single-family homes into warm havens for seniors. Learn how they built a successful business and became influential trainers in the industry. Isabelle unveils the untapped potential in senior housing, fueled by the upcoming "silver tsunami" of the baby boomer generation. Find out how to seize the massive opportunities and be part of this booming market. Impact and Income through Residential Assisted Living Isabelle reveals golden opportunities in the booming senior housing market. Learn the secret to success: being an early player and scaling up to attract buyers and investors. Discover the power of packaging and selling multiple facilities for long-term financial prosperity. Experience the emotional fulfillment of improving seniors' lives and the positive ripple effect on families, caregivers, and the community. Invest in high-end areas for a seamless blend of upscale living. Join Isabelle on this captivating journey to positively impact one million lives in 10 years. Unleash the secrets of success and leave a lasting legacy! About Isabelle Guarino-Smith: Isabelle is a graduate from Arizona State University, a former flight attendant, Walt Disney World intern and now Residential Assisted Living Academy’s leading lady. She has been working as the COO of the company for the last 6 years, keeping everyone in line and on task. She's been featured in many magazines and articles on the topic of Senior Housing and most recently was given the title as one of the "Top Influencers in Senior Housing". Isabelle also won Aging Media's "the Future Leaders of Assisted Living" award in 2020 being 2 of 100's under 30 to make the list. Outline of the episode: 0:02 - Introducing Isabelle 1:08 - Unveiling the Journey: Isabelle's Path to Residential Assisted Living 2:54 - Navigating the 'Silver Tsunami': Baby Boomers' Impact on the Senior Housing Market 6:36 - Seizing the Golden Opportunity: First to Market in Senior Housing Industry with Isabelle 10:09 - The importance of having multiple exit strategies. 11:34 - The Landscape of Assisted Living: Mom and Pop-Style, Scalability, Creativity, and Emotion 16:39 - Expanding Horizons: Assisted Living Beyond Location and Cost Arbitrage 18:33 - Diverse Paths to Enter Assisted Living: Converting Homes, Overcoming Pushback, Buying Existing Businesses, and Building Custom Facilities 22:11 - Impacting Seniors and the Community: Strategy, Million Dollar Timeline, and Book Recommendations 24:38 - Book Recommendation: The 5 AM Club Connect with Isabelle Guarino-Smith… Website: https://residentialassistedlivingacademy.com/ LinkedIn: https://www.linkedin.com/in/isabelle-guarino/ Podcast: https://residentialassistedlivingacademy.com/podcast_personality/isabelle/ Connect with The Cashflow Project! • Website • LinkedIn • Youtube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 135Investing Rocks! w/ Angel Williams
Get ready to be inspired as Steve sits down with Angel Williams on the latest episode of The Cashflow Project! Angel is a co-founder and podcast host of The Academy Presents. With her extensive knowledge of residential real estate investing, Angel shares her passion for educating and growing the brains of listeners through her free content. From single-family homes to multifamily syndication, to oil and gas, Angel's expertise is sure to inspire anyone looking to invest in real estate. Angel is more than just an expert in investing - she's also a firm believer in maintaining a positive mindset and balancing personal and professional life. Working with her husband, Jason, has its challenges, but they support each other to achieve success. During the interview, Angel emphasizes the importance of taking things one step at a time and not giving up, all while prioritizing family relationships. Her story proves that investing rocks, but it's crucial to stay grounded and maintain a balance. Outline of the episode: 0:00 - Introduction to the Cash Flow Project podcast. 1:07 - Angel shares her background in real estate investing. 5:39 - The Texas real estate market and where Angel and her team are currently investing. 9:31 - Teaching in college versus teaching in other settings, and the modernization of learning. 15:13 - Angel and Jason talks about their partnership in real estate investing and the importance of building relationships. 20:42 - The power of persistence and the effect of making one more call. 24:57 - Impact of having a child with special needs and maintaining a positive mindset. 31:30 - Importance of showing up and being present to win in real estate investing. 35:49 - Finding your superpower and the importance of relationships in real estate investing. 41:40 - Advice for busy professionals looking to achieve financial freedom; how to connect with Angel and her company. About Angel Williams: Angel Williams is an experienced real estate investor, entrepreneur, and educator. She has invested in real estate for over 20 years, starting with her first rental property. Angel has knowledge and experience in various real estate investment types, such as single-family home rentals, residential multifamily rentals, multifamily syndication, and oil and gas investing. She graduated from Baylor University with a BBA and MS in Economics. Connect with Angel Williams… Website: http://theacademypresents.com/ LinkedIn: https://www.linkedin.com/in/angel-williams-re/ Podcast: https://podcasts.apple.com/us/podcast/the-academy-presents-podcast/id1528551735 https://www.podchaser.com/podcasts/the-academy-presents-podcast-1579049 Connect with The Cashflow Project! • Website • LinkedIn • Youtube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 134Mini Multifamily mastery with Ray Heimann
Welcome to the Cash Flow Project podcast, the go-to resource for investors seeking to generate income through multifamily real estate. In this episode, Steve sits down with Ray Heimann, as he shares his inspiring journey, from being an unskilled laborer for his parents' construction company to co-founding Terra Capital. With years of experience in deal structuring and portfolio management, Ray has successfully identified key factors in his home market to invest in. Tune in to hear valuable insights on investing in smaller multifamily properties and learn from Ray's extensive knowledge and experience. Mini Multifamily Mastery with Ray Heimann Ray Heimann shares his experience in private equity acquisition strategy, deal structuring, and portfolio management, and focuses on repositioning smaller multifamily assets across key Midwest markets. He emphasizes the importance of identifying healthy and stable markets with opportunities for upside, and of buying low, renovating smartly, managing everything internally, and portfolio arbitrage. He also recommends biographies as a helpful way to learn and improve oneself, and advises defining what you want with your financial freedom and exploring passive and potentially more profitable options if you do not want to work hard and be productive. About Ray Heimann: Ray Heimann is a real estate investor and co-founder of Terra Capital, an investment firm that focuses on turning small, outdated residential real estate assets into scaled, turnkey portfolios of modern-finish units across the US. He has over a decade of experience working for various investment firms, including JP Morgan, Booz & Company, and Sverica Capital, where he covered US REITs, advised on corporate transactions, and focused on deal sourcing in healthcare and real estate. Ray holds a B.A. in Mathematics and Philosophy from Columbia University. He is known for his focus on cutting out the noise around what's hot and honing in on strategies that repeatedly drive strong, risk-adjusted returns. Outline of the episode: 0:01 - Introduction to Ray Hyman, managing director for Tri City Equity Group and his background in real estate. 5:53 - The value of being a long-term employee and the difference between single-family home aggregators and multifamily properties. 11:44 - The underserved market for multi-family syndications, workforce housing, and opportunities in the Austin real estate space. 17:47 - Scaling up in real estate, closing 100 units at scale, and building relationships with contractors. 23:37 - Targeting specific markets in real estate and navigating competition and regulatory risk. 29:12 - Acquisition strategy, portfolio arbitrage, capital raising, and leveraging the capital markets. 34:19 - Filling the gap in the Indianapolis market, handling leverage, and building an investor base. 40:01 - Ray's superpower, biggest lesson learned, and advice for busy professionals working towards financial freedom. 45:19 - How to get in touch with Ray and his company, Terra Capital. Connect with Ray Heimann… Website: http://www.usaterra.com/ LinkedIn: https://www.linkedin.com/in/ray-heimann-6964ab88/ Company LinkedIn: https://www.linkedin.com/company/terracapfund/ Connect with The Cashflow Project! Website LinkedIn Youtube Facebook Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 133Short term rental stardom with Patryk Swietek
Get ready to learn from one of the brightest minds in real estate investing, as Steve sits down with Patryk Swietek, founder of STR Nation and successful real estate investor. From building his first tech company at just 14 years old to now managing 20 short-term rentals, Patryk shares his secrets to financial freedom for millennials and Gen Z through real estate investing. Join us as he discusses his background, team-building experience, and his journey to success in the industry after struggling in the corporate world. Short term rental stardom with Patryk Swietek Short term rental stardom is a reference to Patryk Swietek's success in managing and owning multiple short-term rental properties. He discussed his background and experiences in real estate investing. He also shared his insights on the importance of having the right systems and processes in place in order to succeed in real estate, as well as the importance of taking risks and not waiting for hot tips to get to the next level. Patryk's story of quitting his job and starting his own Airbnb rental business serves as an inspirational example for those who may think it's too late to start investing in real estate. About Patryk Swietek: Patryk Swietek is a young entrepreneur who founded his first tech company at the age of 14. He has been making strides in business and is a real estate investor who currently owns six short-term rentals and manages 20 others for investors in the Joshua Tree area of California. He is the founder of STR Nation, a company that educates other investors on how to become financially free through real estate investing. He has a background in tech and built several tech companies, but also had a stint in corporate jobs, which he found not to be his calling. Outline of the episode: 0:00 - Introduction and Background of Patryk 8:34 - Fast-Tracking Success Through Failure and Real Estate Investing 16:04 - Choosing the Right Time to Buy Property and Navigating a Soft Market 21:30 - Hiring for Operations Manager Role and Importance of Having a Scalable Business 28:02 - Building a Real Estate Portfolio and Achieving Financial Freedom 32:24 - Traveling the World for Retirement and Replacing Current Expenses 35:06 - Chunking Down Goals and Finding Your Superpower 40:54 – Patryk’s Superpower and Advice for Busy Professionals Connect with Patryk Swietek… Website: https://linktr.ee/Pswietek Instagram: https://www.instagram.com/patryk_swietek/ Facebook: https://www.facebook.com/PatrykTSwietek LinkedIn: https://www.linkedin.com/in/patrykswietek/ Connect with The Cashflow Project! • Website • LinkedIn • Youtube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 132Engineering Financial Freedom with the Cashflow Cowboy, Justin Wawrzyniak
Welcome to The Cashflow Project, where we explore the world of real estate investing and interview successful investors. In this episode, Vince is joined by Justin Wawrzyniak, a former engineer who is now a cash-flow cowboy. Justin has achieved the impressive feat of amassing over $1 million in equity and $130,000 in wholesale profits in just two years. In this captivating episode, he discusses the challenges and lessons he learned, including his decision to purchase multifamily properties, find off-market deals, and negotiate with direct-to-seller sales. If you're interested in real estate investing or want to hear firsthand from someone who has achieved remarkable success quickly, you want to take advantage of this! Engineering Financial Freedom with the Cashflow Cowboy The "Engineering Financial Freedom" theme is relevant to Justin's story, and he used his skills and knowledge to build a successful real estate portfolio. He shares his experience and insights on transitioning from a corporate job to investing in real estate, taking calculated risks, and creating a passive income stream that can replace a W2 position. In addition, Justin emphasizes the importance of building relationships, automating and delegating tasks, and consistently following up with brokers to find good deals. About Justin Wawrzyniak: Justin Wawrzyniak is a real estate professional who used to work in corporate America but transitioned to real estate investing in 2020. He specializes in multifamily real estate investments and helps others on their real estate journey by sharing his experiences on social media platforms and podcasts. Justin also has a background in engineering and leverages technology to identify top multifamily investment opportunities in his market. He holds a professional Real Estate License in both Indiana and Michigan. Outline of the episode: 2:50 – Transition from being a highly recruited engineer to a full-time real estate investor and cash flow cowboy at the age of 25. 9:14 – The importance of surrounding oneself with supportive people and breaking free from limiting beliefs. 14:35 – Advice for people who are considering making a career change or starting a business. 18:20 – The importance of coaching and masterminds in real estate investing. 23:41 – Personal experiences and the challenges of reaching their investment goals. 29:29 – How to distinguish oneself from others in the DTS model, how to build a DTS system, and how to automate it as much as possible. 33:50 – The importance of consistently following up with commercial real estate brokers in order to become top of mind for them. 37:59 – The benefits of direct-to-seller property deals and the importance of building relationships. 41:19 – The importance of building relationships in the market, sticking with a market for a long time, and finding mentors to learn from. 46:52 – Post-COVID project management and how it has been affected by labor shortages, inflation, and supply chain disruptions. 53:36 – Various tools and techniques that real estate investors should learn. 58:57 – The benefits of attending in-person events for busy professionals . Connect with Justin Wawrzyniak… Website: www.NoStressDTS.com Instagram: https://www.instagram.com/cashflow_cowboy/ Facebook: https://www.facebook.com/justin.wawrzyniak Connect with The Cashflow Project! • Website • LinkedIn • Youtube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 131Creating Legacy Wealth through Business Acquisitions with Jay Bourgana
Welcome to The Cashflow Project! In this episode, Vince sits down with Jay Bourgana, a business visionary who has turned struggling businesses into success stories over 25 years of experience in the US, China, and Europe. Jay shares his journey from working for a company to owning his own businesses and assets, where he learned valuable lessons in good management, accounting, and inventory control. He also discusses his current focus on acquiring struggling businesses to turn them around and help them grow for potential sale or long-term hold. Tune in as Jay and Vince explore the concept of bottlenecks in business operations, how to identify them, and how to speed them up to ensure smooth operations! Creating Legacy Wealth through Business Acquisitions Jay Organa is a visionary who has turned struggling businesses into success stories over 25 years of experience in the US, China, and Europe. He is a true entrepreneur who has increased his personal side from zero to 350 million in residential sales in just four years. Jay's first business was a small chain of convenience stores in Morocco. He quickly realized that he had the wrong people, no systems for managing inventory, no accounting systems, and no good management skills. Jay learned the lesson of trusting but verifying, having good accounting and inventory management systems, and sound processes to prevent losses. He believes you know much more from tough times than good times. Jay did not have a well-thought-out strategy for choosing an asset class, and he stumbled into the convenience store business by chance. About Jay Bourgana: Jay is an accomplished entrepreneur and expert in private equity investing for small and medium-sized businesses (SMBs), with over a decade of experience in banking, manufacturing, and management consulting across China and Europe. He founded Homearly Real Estate Group, which he transformed into a $350 million enterprise with 5000 successful transactions in just four years. In 2018, he sold the company to a leading southern California firm. Jay is dedicated to assisting fellow entrepreneurs in creating successful exit plans and investors in executing high ROI investments in SMBs. He is also an experienced real estate and business investor, always seeking new opportunities to add value to the community. Outline of the episode: 0:00 Lessons Learned from Starting a Convenience Store 3:32 Managing a Million Square Foot Facility and Bankruptcy 8:32 The Journey of a Turnaround Guy: From Corporate to Entrepreneurship to Real Estate 15:31 Navigating Cultural Nuances and Deepening Business Relationships 22:57 The Joy of Business Acquisition and Transformation 27:25 Exploring the Next Opportunity in Real Estate 34:00 The current state of the market, recent collapses of SVB, Signature Bank, First Republic, and Credit Suisse. 39:47 Real estate investing and negotiation tactics during COVID-19 pandemic 45:11 The challenges and impacts of the pandemic on the real estate industry 52:01 Building Relationships for Business Success: The Power of Retention and Talent Acquisition 55:28 Advice from Jay on Achieving Success in Life and Business Connect with Jay Bourgana… LinkedIn: https://www.linkedin.com/in/jay-bourgana-519a7865/ Connect with The Cashflow Project! • Website • LinkedIn • Youtube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 130Mentoring others into financial success through Real Estate with CJ Calio
Welcome to The Cashflow Project! In this episode, Steve sits down with CJ Calio, a co-founder of WNN Properties and a full-time residential and commercial real estate investor. CJ shares his inspiring story of leaving his job as a UPS driver to become a successful real estate investor. He talks about his journey from residential to commercial properties, leveraging his portfolio using the strategy of the 1031, and the mental and emotional challenges he faced. Mentoring others into financial success through Real Estate CJ's emphasis on surrounding oneself with experienced real estate investors, seeking out mentors and advisors, and learning the lingo, speaks to the importance of mentorship in achieving financial success through real estate. Mentoring can provide guidance, knowledge, and support to those looking to enter or grow in the real estate industry. In addition, CJ's experience building relationships and doing business in the Midwest highlights the importance of authenticity and establishing rapport, which is essential in building trust and successful partnerships. Expanding one's comfort zone and networking with others allows opportunities to grow and learn, and verifying information ensures that decisions are made with accurate and reliable information. Mentoring and building relationships with experienced individuals in the real estate industry can be crucial to achieving financial success and growth in the field. About CJ Calio: CJ Calio is the co-founder of WNN Properties LLC and a full-time investor in residential and commercial real estate. CJ has raised millions to build a substantial residential and commercial portfolio and now helps others do the same. In less than five years, CJ and his wife were able to live their dream of being full-time investors while spending more time with their wonderful children. Let WNN Properties help you do the same. Outline of the episode: 0:02 – CJ’s experiences and insights as a full-time investor in both residential and commercial real estate 1:12 - CJ’s transition from being a UPS driver to investing in real estate. 5:04 – CJ’s experience of starting a business and how he had to overcome challenges and make tough decisions. 11:17 - The transition from residential to commercial investing 14:57 - Experiences with residential and commercial real estate and how to expand comfort zones to be successful. 18:59 -The importance of identifying opportunities and taking action on them, even in challenging situations 23:17 - Building income streams to achieve financial independence 26:53 - How to invest with little to no money and scale a larger portfolio. Connect with CJ Calio… Website: https://wnnproperties.com/ LinkedIn: https://www.linkedin.com/in/cj-calio-621344113/ Facebook: https://www.facebook.com/wnnproperties Connect with The Cashflow Project! • Website • LinkedIn • Youtube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/

Ep 129Finding success and significance through flipping with Hector Martinez
CP 129: Finding success and significance through flipping with Hector Martinez The journey of a property does not end when it's distressed, for some people, these properties are just starting their second lifetime. Take a look at the behind-the-scenes mindset of a Real Estate Investor who makes living doing just that. In this episode of The Cash Flow Project Podcast, join Steve as he talks with Hector Martinez about his life experiences as a real estate investor with over 100 properties fixed and flipped. Take inspiration from Hector's journey from Mexico to Atlanta where he is currently leading an expert group of people who can turn around distressed properties while helping the homeowners and other allied professionals and businesses. Hector Martinez Hector Martinez is a Real Estate Investor with over 100+ properties fixed and flipped in the Atlanta Metro Area. His experience includes a background in banking, having worked for Wells Fargo before getting into real estate investments. His group's expertise in fixing and flipping distressed properties had helped hundreds of homeowners buy and sell properties. They take pride in the fact that with every home they buy and fix, the economic benefit includes other professionals and businesses like real estate agents, escrow officers, and local home improvement stores. He is also involved in short-term and long-term rentals. Outline of the episode: Intro 1:52 Hector's Journey: From Mexico to Atlanta 4:34 Learning about finance and Real Estate in Wells Fargo 10:51 Mindset change that needs to happen. 12:35 Mentorship: Importance and Process 15:35 God will bring you people you need in the right time. 16:53 Mindset and Self-Awareness. 20:11 The benefit of being open to criticism. 23:23 The perspective from the book, Your Next Five Moves 25:20 The lifestyle you want to live. 28:33 Remember why you started and starting with the end in mind 33:09 Making changes with the current market shifts 35:05 Focusing on profitable deals 40:54 Scaling down and The Pareto Principle. 42:11 Fire Round: Book recommendation 43:08 Fire Round: Your superpower 45:44 Fire Round: Biggest lesson thus far 47:22 Advice for the busy working professional 50:29 Outro Connect with Hector Martinez: Website: https://linktr.ee/hectormartinez.rei Linkedin: https://www.linkedin.com/in/hectormartinez7 Instagram: https://www.instagram.com/hectormartinez.rei/ Connect with The Cashflow Project! • Website • LinkedIn • Youtube • Facebook • Instagram The Hawaii Millionaires Mindset Blueprint Conference: https://www.millionairesmindsetblueprint.com/