The Wealth Elevator Podcast: Real Estate, Taxes, Investing

In your current financial status, are you free to have a choice?In this episode, we talked about the counterintuitive rules that the wealthy follow and how being financially free can allow you to have vast choices. Saying “no” can be one of them.Financial dogmas are great to follow but better be sure who advises you with them.  Visit https://simplepassivecashflow.com/club to meet other people in the financial community.They can be way better than financial advisors! Hosted on Acast. See acast.com/privacy for more information.

Feeling the effect of the plunging stock market?It’s happening all over the world!But as a real estate investor, you shouldn’t be pessimistic.This is just a phase that we don’t know when it’s going to end.In investing, there will always be uncertainties.That’s the reality of investing!Thus, it is our responsibility to mitigate those risks and create strategies to keep the ball running.For your questions, email us at [email protected] Hosted on Acast. See acast.com/privacy for more information.

Are there secrets behind infinite banking and whole life insurance?Lane is joined by Chris Miles of Money Ripples, he’s an anti-financial advisor and a cashflow advocate.They talked about why and how infinite banking is superior as compared to heloc and banking institutions.For Chris Miles, banks tend to cut down your line of credit without you even knowing or giving any warning. While in the whole life insurance there’s no threat of market risks, or your house being depreciated.For those who are new to the concept of infinite banking, visit https://simplepassivecashflow.com/bank, and don’t be turned off with whole life insurance.1:32 Market Update6:21 Infinite Banking: Further Explained13:03 Option to Use Your Insurance15:36 Collateralized/ Secured Line of Credit25:53 Limitation of Infinite Banking Technique30:50 Paying Bills With Life Insurance Hosted on Acast. See acast.com/privacy for more information.

Thinking of leaving your job due to the company culture and office politics?Todd Miller is the author of Enrich who has a background as an entertainment executive working in Hollywood.He joined us to talk about time, wealth, and how he came to a point when he wanted to get fired from his job due to politics in the industry.PLUS, he shared how he accomplished getting into financial independence, his point of view of debt, and how he gets to “manage” his rental properties.If you want to level up and learn with other (sophisticated) investors, then join the Family Office Ohana Mastermind!Go to https://simplepassivecashflow.com/journey0:37 Managing Debt | Buying a Property11:35 Introduction | Journey to Financial Independence15:18 Wanted to Get Fired19:54 Foundation Towards Financial Independence21:53 Property Portfolio Goals24:52 “Toxic” Relationship With Debt29:42 Asset Allocation Management35:32 End Game Scenario37:21 Takeaways From Enrich Hosted on Acast. See acast.com/privacy for more information.

In this June 2022 Monthly Market Update, you’ll notice that migration isn’t confined to individual renters alone but companies are relocating their headquarters for better property setup as well.There’s an expected monetary policy tightening by the federal reserve due to the current inflation status and effects of war in Russia and Ukraine.Moreover, there’s still a demand for an apartment, and the influx of people in the migration hotspots brings the cost of real estate to rise.Watch more about the past monthly updates at https://simplepassivecashflow.com/investorletter1:10 Boeing Headquarters to Relocate in Arlington | Creative Land Development2:13 Multifamily News | Housing Affordability Crisis5:15 Economic Growth Forecast | Fannie Mae Cuts Origination Projection10:00 Multifamily Net Growth Income12:39 Blackstone Continues Real Estate Acquisitions13:20 EB-5 & Real Estate14:47 Migration Hotspots in the Sun Belt | Apartment Renters Lease Status19:19 Housing Market Dynamics | Apartment Demands24:49 Current Events (personal) Hosted on Acast. See acast.com/privacy for more information.

Getting old. Being sick. Dying.Unpleasant words that are at times neglected, intentionally.In this podcast, Jean Keegan Daly joined us to share her life discoveries of one's purpose while being a hospice nurse. She is the author of Reflections of a Seasoned Soul and an educator specializing in a body-mind-spirit approach to health and wellness.Note that we are on a personal journey to live in this world from that authentic place of inherent power.And from the place of your authentic self, you can create positive healing, loving energies that will benefit yourself and the generations to come.Learn more about legacy and how to go about it.Visit https://simplepassivecashflow.com/legacy and start planning.0:12 All About Mindset6:25 Role as a Hospice Nurse8:43 How Children See Illness & Death14:19 Trust + Transformation16:32 Dealing With Regrets22:31 Balancing Your Role & Your Wants28:00 Key Takeaways Hosted on Acast. See acast.com/privacy for more information.

Have you planned out a college plan for your child?This episode is still part of investing since, as a parent, you need to take into consideration your kid’s future even while being a real estate investor.Let your child, the future college student, do the best they can that interests them as a student and not be overstressed.For the parents, no need to rely on 529!There are other ways to build up college funds for your kids.Check out the free infinite banking e-course at https://simplepassivecashflow.com/bankingand start preparing for your kids' future.4:55 Background | Introduction7:01 Goal of College Counseling12:09 Factors Affecting the Choice of School19:50 Strategies Student Needs to Work On23:26 Process: Understanding How to Get Into a Good College or University29:14 Student’s Contribution in the Counseling Process34:10 Limitation of In- Demand Job in the Future36:43 Ultimate Advice to Parents & Students Hosted on Acast. See acast.com/privacy for more information.

Since most of you are fans of coaching calls, we have another one today.‘John’ is an engineer and has a little bit higher net worth.His story shows that the road to financial independence is at a slow pace from 0 to $2million. People don’t realize that!But once you’re up to 4million and above, your net worth (plus your network) expands and moves a lot quicker too.There are numerous ways to accelerate your net worth and network.Join the club at simplepassivecashflow.com/club, and let us show you how.5:20 Personal & Financial Background10:11 Non- Alternative Investing Deal12:42 Doubts Before Jumping Into Syndication16:49 Infinite Banking17:50 Test Investment19:05 Why Take Money Out of Your Retirement Account25:47 Strategizing & Exploring Other Options Hosted on Acast. See acast.com/privacy for more information.

Cost segregation has been a topic in the group these past days, and in this episode, I’ll be sharing some insights on cost seg and bonus depreciation.Together, in this month’s market update, we talked about industrial investment, continued migration of US renters, top markets for multifamily, and why others are investing in student housing.View the past monthly market updates by visiting https://simplepassivecashflow.com/investorletter.0:47 Cost Seg & Bonus Depreciation2:47 Industrial Investment4:49 Interiors & Amenities for Multifamily7:13 Emergency Rental Assistance9:46 US Renters Migrate11:40 Top Markets for New Multifamily | Construction Permits | Cap Rate in Multifamily20:20 Alternative Assets22:10 Student Housing24:55 Multifamily Assets28:40 More Updates | The Easter Egg Hosted on Acast. See acast.com/privacy for more information.

Play is not just for kids. Play must be incorporated into everybody’s lifestyle, especially adults.Benefits like learning new tasks faster when it’s fun and when you are in a relaxed state, stimulating one's imagination, improving relationships, and helping you adapt and thrive in a challenging situation.There’s no harm in adding a dash of play to give color to your everyday life.Discover what others might be playing around with. Join our mastermind group!Visit https://simplepassivecashflow.com/club0:56 Introduction | Background8:12 Start Living, Stop Worrying About Being Judged9:26 Why Play11:26 ‘Playful Ideas for People’16:06 Quick Tips for a Playful Life18:20 Play + Investing = FUN Hosted on Acast. See acast.com/privacy for more information.

When you reach your goal, you’ll suddenly recall and ask yourself, “what’s your purpose for success?”.Lane was interviewed by Phil Portman and he shared his mindset about success and how it is to be the ‘Robin Hood’ of this modern time.Learn more about the journey towards FI (financial independence) at https://simplepassivecashflow.com/journey.5:07 What does success mean?7:02 Breaking Generational Mindset12:09 Why are people not into real estate investing?16:08 Lane’s Real Estate Investing Program18:15 Having a Mentor | Being the Mentor20:46 Skillset to be Successful in Business24:30 Learning From Mistakes28:37 Having Success Lead to Generosity35:07 Pandemic Realizations Hosted on Acast. See acast.com/privacy for more information.

In this video, Raj interviews Lane on how a lot of people (like hard-working professionals) commit mistakes when dealing with their retirement funds, how they decide on investments, and how they can maximize the return of their investments (especially in real estate investing).Easily grasped. Comprehensible.This will be an eye-opener for you, especially those who are just starting in navigating the path toward financial independence (F.I.).Don’t forget to join us in our investor club!Visit https://simplepassivecashflow.com/clubs and SIGN UP FOR FREE.3:08 How the Wealthy Create Wealth5:11 Why 401K Doesn’t Matter10:17 Passive Investing for Working Professionals14:44 Role of Mindset to Succeed in Real Estate Investing25:03 Learn About Family Office Ohana Mastermind26:24 Investing Recommendations for Working Professionals36:16 Why Real Estate Investing Is Hot Hosted on Acast. See acast.com/privacy for more information.

Politics is not much tapped into the show but we're aware of its effects on our economy and other policies related to real estate investing.In this episode of monthly market update, we talked about the highlights that I saw from the news in the past weeks. Which includes effects of the Ukraine war on inflation, Houston market, migration trends and there’s even a touch of crypto news.If something interests you from this presentation, bookmark it or you may check out all the past investor letters.Visit https://simplepassivecashflow.com/investorletter2:55 New IRS Rule: Higher Penalty- Free Withdrawals for Early Retirees7:08 US Inflation Resulting From Ukraine War12:51 Top Markets for Investors | Metros Which Led Recovery14:37 Single Family Rental Boom17:05 Multifamily Investment Growth21:43 Mortgage Lending & Renters25:16 Rising Interest Rates Mean for Apartment Cap Rates30:59 The Easter Egg Hosted on Acast. See acast.com/privacy for more information.

𝗜𝘁’𝘀 𝗼𝘂𝗿 𝟯𝟬𝟬𝘁𝗵 𝗲𝗽𝗶𝘀𝗼𝗱𝗲!!!Celebrate with us and get access to our FREE giveaway!Undoubtedly, this coaching call with Marianne is worthwhile.Due to the variety of valuable questions and information that we tackle: tax in real estate investment, short-term and long-term rentals up to exit strategy.In which, you can relate much if you went through the e-courses.Nonetheless, this is juicy and meaty in itself.𝗙𝗼𝗿 𝘁𝗵𝗲 𝗚𝗜𝗩𝗘𝗔𝗪𝗔𝗬: 𝗘𝗺𝗮𝗶𝗹 𝘂𝘀 𝗮𝘁 𝘁𝗲𝗮𝗺@𝗶𝗺𝗽𝗹𝗲𝗽𝗮𝘀𝘀𝗶𝘃𝗲𝗰𝗮𝘀𝗵𝗳𝗹𝗼𝘄.𝗰𝗼𝗺 𝘄𝗶𝘁𝗵 𝘀𝘂𝗯𝗷𝗲𝗰𝘁 𝗹𝗶𝗻𝗲 𝟯𝟬𝟬Better yet, join our club by visiting https://simplepassivecashflow.com/club11:33 Homeowner Fees: Charge tenants or tax deductible if it’s a short term rental?12:40 What markets to invest in?16:02 Is it ok to consider transitioning to vacation rental as an exit strategy?18:09 Real Estate Markets & The Rise of Different Sector19:38 Investing in Texas Real Estate21:27 Deal Analysis24:06 Net Yield, Net Cash on Cash & NOI26:19 How to utilize cap rate?29:45 Case Study31:15 FHA Loans on Turnkey Property35:44 Is HELOC or Non-recourse asset based loans recommended?39:05 Is it recommended to pay off a hard money loan with cash instead of refinancing?40:10 Cash Reserves in Connection to Vacancies44:04 Recommended Lenders46:43 About Umbrella Insurance47:48 Upgrading the Property48:42 Exit Strategy Hosted on Acast. See acast.com/privacy for more information.

Most hard-working professionals worked their way to where they are today.Having a 1.5 million net worth is not an end goal rather it becomes a motivation to further scale-up.Like Eric here, an accredited investor and FOOM member, he continuously searches for a greater avenue to invest his money and expand his network.In the different stages of his life, he realizes that there are better uses of his money rather than just managing properties of his own.Better to realize it now than never!Increase your network and meet him in the mastermind group.Join https://simplepassivecashflow.com/clubMost hard-working professionals worked their way to where they are today.Having a 1.5 million net worth is not an end goal rather it becomes a motivation to further scale-up.Just like Eric here, an accredited investor and FOOM member, he continuously searches for a greater avenue to invest his money and expand his network.In the different stages of his life, he realizes that there are better uses of his money rather than just managing properties of his own.Better to realize it now than never!Increase your network and meet him in the mastermind group.Join https://simplepassivecashflow.com/club2:35 Overview of Eric’s Profile and Investments10:35 Starting Investment With Friends13:49 Reasons for Transitioning From Being a Traditional Landlord to Real Investor17:09 Is 1031 an option?20:23 Tip When Selling a Property22:08 Plan of Action28:00 What it takes to be a principal?32:57 Life and Lessons as an Investor Hosted on Acast. See acast.com/privacy for more information.

Retirement funds. Does everyone need it or not?Unfortunately, most w2 workers think that retirement funds are the only way to go to live and survive in the future.Technically, it can help you financially but there are other means towards financial freedom.In this coaching call episode, let’s talk to Nick, an accredited investor, who’s possibly taking money out of his retirement account towards a more yielding investment to get to financial freedom.Don’t forget to join us in our club.Visit https://simplepassivecashflow.com/club and hang out with us while we learn from each other.3:01 Nick’s Background | W2 Job | Work Benefits10:17 Financial Statement Overview12:45 Spouse as a Real Estate Professional18:19 Advantages of Renting23:44 Liquidity & Investments34:18 Plan of Action Hosted on Acast. See acast.com/privacy for more information.

Are you a business owner planning to buy your dream home?In today’s episode, we are joined by Benson Pang, an ex-Engineer (just like Lane) and founder of NestMade Mortgage to talk about lending options and how you can qualify for big mortgages to purchase your dream home.This is valuable especially if you’re a business owner or real estate investor that are diligent in legally minimizing your taxes.Check out our tax guides, visit https://simplepassivecashflow.com/tax/0:26 Valuable Tip When Buying Your Home5:17 A Business Owner Having a Hard Time Obtaining a Home6:53 Lending Options for Business Owners11:11 What to do when you’re in an end game and you want to buy your dream $5M + home?13:32 Can one avail of a HELOC when buying a home in cash?19:46 Another Option: Business Loan to Pay for a Home in Cash. Is it possible?21:08 Advantage of Infinite Banking Hosted on Acast. See acast.com/privacy for more information.

In this episode of Monthly Market Update, Lane talks about current events that are impactful in real estate investing, the multifamily markets, and how apartment occupancy is on the upward trend despite the migration situation of people from one state to another. Watch the past episodes and stay updated!Visit https://simplepassivecashflow.com/investorletter/1:08  Teaching Points6:46  Multifamily Markets and Construction9:46  Proposed Legislation in New York13:16 Record Breaking Rental Market18:11 U-Haul Growth Index: Texas is the No.1 Growth State of 202120:48 Top States People Move To and From21:45 Apartment Occupancy Continues to Push Upward27:30 Personal Current Events Hosted on Acast. See acast.com/privacy for more information.

In this coaching call, we talked about how a high-paying professional can be financially free through syndication, with the right network and mindset.Finishing a college degree and having a job will never be enough so you can experience a huge impact on your life.You need to keep on searching and create an experience outside of your current working environment.It’s inspiring to be Henry (Higher Earner Not Rich Yet) but you can always surpass that and be able to achieve more.Meet other “Henrys” by joining the club at https://simplepassivecashflow.com/club9:28 Henry’s Background12:22 Salary, Savings, Investments13:28 Networking Struggles16:23 Investing Timeline & Lessons Learned25:21 Life Transitions to Passive Investing31:25 Entrepreneurial Ideas34:19 Goal & Mission Translating to Vision & Action41:05 Networking Scenarios Hosted on Acast. See acast.com/privacy for more information.

Offshore investments are part of the options that the wealthy leverage to capitalize on advantages offered outside of an investor's home country.In this week's episode, Quentin D'Souza, a Canadian-based investor and author of The Action Taker's Real Estate Investing Planner book, joined us to share his experiences about investing in the U.S. even if he’s a Canadian citizen.Tax benefits, asset protection, privacy, and a broader range of investments are some of its advantages.This only goes to show that opportunities are endless and it comes to those who seek them.Join the onboarding call.This is individualized and on a first come first serve basis.Simply sign up at https://simplepassivecashflow.com/club9:56 Overview of Quentin’s Investing Experience and His Investing Portfolio15:10 Diversification: Passive Investor vs. Operator19:13 Similarities and Differences With Investing in Canada and U.S.26:51 How to get started investing in the U.S. as a Canadian35:56 Significance of Building Your Network38:37 Funding and Future Investing Goals43:15 Common Mistakes of New Investors47:58 What happens if the deal in the U.S. goes bad Hosted on Acast. See acast.com/privacy for more information.

Investors who are fond of buying single-family rental home properties will find this very useful especially if you’re planning to diversify your hard-earned money yet you want to still focus on investing in real, hard assets.Investing in private placements will let you diversify your money into different deals, different geographic areas, different partners, and different asset classes.As a passive investor in syndications, It’s all about lowering risk!There’s more to learn in syndications and real estate investment.Join at https://simplepassivecashflow.com/club9:18 What syndication or private placement exists?13:38 Why invest in syndications instead of REITs?23:13 Can investment be pulled out of syndication?27:07 What is capital stack?30:39 Common holding time for syndications36:20 How to evaluate commercial real estate syndication as LP?40:47 In depth: 506(b), accredited investor & SEC52:56 Main difference between a GP and KP1:08:11 How to determine operating budget and capex budget?1:13:59 Course targeting LPs only1:22:35 Rehab timetable1:28:32 Depreciation recapture in syndication1:38:02 Property management issues revealed1:44:54 Investor progression Hosted on Acast. See acast.com/privacy for more information.

In this month’s monthly market report, mom and pop landlords need to consider the current tenant’s status and continuous rise in rental fees since they need to react accordingly and not bend over backward in order to accommodate tenants and have rental income.We’re on a bull market and inflation is high.It’s still evident that you need to get your money out of lazy equity and invest it in a market where it will yield more than inflation.Join us in our fun “cult”, investing in real hard assets.Visit https://simplepassivecashflow.com/journey for more details. Hosted on Acast. See acast.com/privacy for more information.

With the current bonus depreciation laws, you don’t need to consider 1031 for your real estate property. Besides, it’s impractical to do 1031 due to the legal and tedious process so syndications will not consider dealing with you.Invest your money the right way, consider tax strategies that will benefit you, and never forget to build relationships with people that may be able to help you get from point A to point B in your investing journey.Learn more about what it takes to be an investor.Join us at https://simplepassivecashflow.com/club Hosted on Acast. See acast.com/privacy for more information.

Are you connected with an investing community that is like-minded and who thinks outside of the box?Jim Pfeifer, one of the founders of Left Field Investors, spoke of the impact if you join a network or community so you can work together in navigating the challenging world of passive investing, real estate, and syndication.Simple but true: Two minds are better than one.Start learning, ask us questions, and book a coaching call with us.Email us at [email protected] Hosted on Acast. See acast.com/privacy for more information.

What’s life without negativity?In today’s podcast, Rick Blangiardi, Mayor of Honolulu, Hawaii, discusses positivity in leadership, living in alignment with your values, and conquering the world with vigor and determination.Living a life full of mission and giving back to the community is what he upholds up to this day.Money can be a means to live for others.To him, it is a path to freedom doing what he loves best.Check out simple passive cashflow’s mission at https://simplepassivecashflow.com/missionIt’ll help you get out of the rat race. Hosted on Acast. See acast.com/privacy for more information.

A new year and another monthly market update!This January 2022 monthly market update we’re taking a look at how inflation affects you and the rental properties, how the U.S. economy isn’t slowing anytime soon, and will keep on kicking even during this time. Construction, interest rates, and active adult sector contribution, all affect investing in real estate.All monthly market updates are archived!You can go back and check out past and future market updates,simply visit https://simplepassivecashflow.com/investorletter00:30 What is inflation? Will it affect you?08:00 Multifamily Investment Volumes in Sunbelt10:07 Strong Performance During Financial Crisis for the Active Adult Sector14:18 Construction Activity Today17:00 Interest Rates Going Up. Does it matter?22:47 Texas Hot Single Single Family Market26:26 U.S. Economy Is Strong Amidst Pandemic29:32 Business and Personal Hosted on Acast. See acast.com/privacy for more information.

It’s the start of the new year!And while most people are listing their new year’s goals, in today’s episode, we talked to Trish Ahjel Roberts of mindblowinghappiness.com on how to live a less-stress (manageable stress) life even if you’re a busy working professional or entrepreneur.Note that you can achieve success and happiness at the same time.If you guys want to be happier, book an onboarding call, and let’s connect.Visit simplepassivecashflow.com/contact11:28 First Stress Buster: Tap into your hobbies13:00 Power of Journaling18:32 Third Stress Buster: Organizing charitable works22:33 Fourth Stress Buster: Connect and be connected26:10 Difference between spirituality and religion27:12 Between coaching and therapy, which one to choose? Hosted on Acast. See acast.com/privacy for more information.

Nobody can be prepped for the passing of someone close to you, whether it is a family member or a dear friend.In today’s episode Annette Kam, author of WAIT–Don’t Die Yet!, shared how you can prepare yourself, and most especially your loved ones, in the uneventful reality of death.Yes, it’s good to live a fruitful life BUT it would be better if you’ll leave a stress-free exit to those who you'll leave behind.Wake up!In this approach, getting prepared is the first step.Read on more pertinent information surrounding this topic at simplepassivecashflow.com/legacy Hosted on Acast. See acast.com/privacy for more information.

At first, you’re skeptical yet you realize that your "vibration" is working towards abundance!Today, we’re not going to talk much about investing BUT still related to possessing abundance, in a peculiar way.I’m joined by Brandon Beachum, an entrepreneur, thought leader, author, and host of The Positive Head Podcast. He’s here to talk about positivity, energy and how one's vibration affects you, and how you deal with others.Experience winter in paradise this January 14th to 17th and join the HUI Mastermind retreat.Head on to simplepassivecashflow.com/2022retreat for details. Hosted on Acast. See acast.com/privacy for more information.

In this coaching call, you’ll meet Emmanuel where we discussed conservation easement and pulling money out of retirement funds especially for those with gross income under $300,000.We believe that most hard-working professionals are supporters of this financial dogma.You can have the most money, but if you’re not maximizing the possibilities of what your money can do, then it’s bound to be useless.To learn more about retirement planning and building relationships with fellow investors, join HUI 4 Mastermind & Retreat.Visit simplepassivecashflow.com/2022retreat for further details. Hosted on Acast. See acast.com/privacy for more information.

Inflation is everywhere, and the wealthy are shielded from its effects since they know how to leverage it.In this last month of 2021 market update, we discussed how the digital world is impacting businesses, the effect of inflation on those who do not buy assets, the bouncing back of the robust real estate market, and the slow rise of rent that’s even exceeding its pre-pandemic trend.It’s the end of the year!Start your 2022 by joining us in the HUI Mastermind Retreat.It’s an in-person event.Visit simplepassivecashflow.com/2022 retreat for further details. Hosted on Acast. See acast.com/privacy for more information.

Can exchanging your property with a different property(1031 strategy) bring any good than harm?1031 Exchange in general has a tax deferral advantage BUT its drawbacks outweigh its benefits.This includes high fees and charges, not having control over the property and poor liquidity of the asset.Educate yourself.Don’t fall into the 1031 trap!Join us in the 2022 Mastermind Retreat!This is open to past investors and family office members.Visit simplepassivecashflow.com/ 2022 retreat for more details. Hosted on Acast. See acast.com/privacy for more information.

Is your savings not enough to finance your real estate purchase?Meet Benson Pang, Founder of NestMade Mortgage, a lending company that specializes in finding the right mortgage for you. He was also an engineer but had a career pivot and obtained his broker's license so he can make an impact in his local community.In this podcast, he updated us with what’s new in the lending environment, explained the factors in getting the loan, the debt to income credit score, and gave us other lending tips when buying remote rental property or for your primary residence.Join us in the family Ohana group and expand your network.Visit simplepassivecashflow.com/journey Hosted on Acast. See acast.com/privacy for more information.

Excited to learn more about the NEW AHP fund?In this podcast, we are reunited with Jorge Newbery, Founder and CEO of American Homeowner Preservation.He’ll discuss the two new opportunities you can invest in, namely: AHP Title Fund and preREO.Always note that each fund is different.But if you invest today, your money will be back in approximately five years.If you are looking to join our Inner Circle, join the family office Ohana mastermind.Visit simplepassivecashflow.com/journey.Deep dive on legacy building ideas!Visit simplepassivecashflow.com/legacy Hosted on Acast. See acast.com/privacy for more information.

In this November 2021 market update, we’re going over news that is impacting real estate investors such as inflation, why you should not buy a house that will serve as a forced saving account, where sophisticated investors are investing, and how the formulation of progressive reforms are affecting affluent neighborhoods.Get a hold of my new book coming out next month and there’s also an audio version available. Visit simplepassivecashflow.com/book.Need your help with the reviews so shoot me an email at [email protected] you leave a nice review, a hard-bound book will be yours! Hosted on Acast. See acast.com/privacy for more information.

As a couple, having a synchronous mindset with your spouse plays a major role in becoming a real estate investor.In today's coaching call, we are joined by Willie, who is a great example that when you achieve having a substantial net worth ( in his case he’s a little under $500,000) nothing is stopping you from becoming a passive investor yourself.Since he’s married, he MUST consider his partner before jumping in and be sure that they’re on the same boat.Nothing is more tragic than an uninformed spouse!As they say, a happy wife leads to a happy life.If you want to give away e-course to your friends, you don't have to keep explaining to them about Infinite Banking over and over.Invite them to sign up for that e-course at simplepassivecashflow.com/banking. Hosted on Acast. See acast.com/privacy for more information.

To get rich you need to concentrate (business not salary job).To stay rich you need diversification (accumulation mode).I have a blockfi account was trying to get coinbase but I gave up because it took more than a couple hours, my time is better spend on real estate deals.No offense but if you work 40-50 hours a week at a JOB then you likely have some time on your hands and should find a side gig.Avoid locker room talk - common guy deals or sucker deals - "We are going to 8-12x in the next few years but you need to get in now!" - What would happen in the show SharkTank?For 100M net-worth families - the goal is to have 8-12 non correlated asset portfolioCash is trash - (Inflation is a lot higher) 40 years Bull market in Bonds ended last year.$128T globally is looking for parking 😊 (2021)Don't chase what is running (Crypto, tech)If bonds can't give yield where do we get it? Buy businesses (alts)Ajay Gupta (The guy Tony Robbins dumped Peter Mallouk)50% Real Estate (40% cashflowing MFH and Self Storage - 10% land/preserve value)20% Equities (Global with most in USA)20% Private Equity (Trying to shift from LP to GP - 2/20 model to adding in sweat equity for more returns)Asymmetric 5% Insurance/Life settlements/Tailrisk/buying putsTailrisk (insurance) - 2-3% of any bet/investment hedges your investment so should your investment go bad that 2-3% greatly increases to offset your loss.2-3% Crypto - If not real estate where you do get storage of wealth, gold/silver*Re-shuffle asset allocation - do it when things are good (selling the good ones, increasing the losers)Asymmetric risk seems get you wealth but its the same thing to get you to lose it all (See Kyle Bass)- This is the 'drink your wine if it fails'What is the downside (if you can live with it then go)NFTs - collectables always move in waves (buy two cases of wine and save one drink the other)"The difference between someone with a hundred dreams and only one is Health" Hosted on Acast. See acast.com/privacy for more information.

In this coaching call, we talked about understanding syndication laddering, dealing with spouse support (negotiation) and should you carry over 401k to 529.You have to come to the realization that you need to do the math and the numbers speak for themselves.Another thing, negotiate and don’t forget to settle with your boss (aka spouse)!Join us in Hawaii in January!Visit simplepassivecashflow.com/ 2022 retreat. Hosted on Acast. See acast.com/privacy for more information.

In this month’s market update, we’re covering multiple topics starting with how interest rates and inflation can be beneficial to landlords, the new Senate Bill 9 (SB 9) wherein it eliminates exclusive zoning of single-family homes in California, the U.S Bill impacting qualified retirement plans (self-directed IRAs, self-directed Roth IRAs), updates on Blackstone’s activities and how you should not only depend on “sweat equity”.Get more updates and learn more in the family office Ohana mastermind. Visit simplepassivecashflow.com/journey Hosted on Acast. See acast.com/privacy for more information.

Most people are itching their feet to travel since we’ve all been held for too long now.Here’s Julia from Geobreeze Travel to talk about how you don't have to buy a whole bunch of 'liabilities' from Amazon, that you do not want or need, just to get points.You simply need to approach it strategically!Check out Tradeline Hacking where you can earn more from your credit card.Visit simplepassivecashflow.com/tradelines Hosted on Acast. See acast.com/privacy for more information.

Attracting future tenants and letting them stay for a period doesn’t only focus on the beautification and renovations done in the property but also on the kind of neighborhood they will be.Pete Kelly, CEO of Apartment Life, talked about the impact of improving communities, in terms of relationship building, in the whole process of increasing the value and demand of the property. Thus, resulting in a low tenant turnover rate and more cash flow for investors.Building relationships can sustain wealth.If you guys haven't joined our club, visit simplepassivecashflow.com/cluband learn from high-net-worth investors. Hosted on Acast. See acast.com/privacy for more information.

Planning to retire before you reach 30?At age 27, Rachel Richards, author of Money Honey and Passive Income, Aggressive Retirement, retired and is now living $15,000 passively per month.Since finance can be overwhelming or intimidating, Rachel thought to make financial topics sassy, fun and simple. This is to make a complex topic into something that is easily digestible and can resonate with women and young people.Ultimately, she believes that anyone, at any age, on any income can achieve financial independence.Build relationships with other accredited investors.Check out the networking guide at simplepassivecashflow.com/networking Hosted on Acast. See acast.com/privacy for more information.

Rents offer stability so if you’re a professional with high net worth like Chris, who from being a mobile home park rental owner transition to becoming an Limited Partner (LP), do not settle for an ordinary income.You can have your day job and invest on the side if that’s what you prefer initially.Join our family office Ohana mastermind and gain more insider tips.Go to simplepassivecashflow.com/journey Hosted on Acast. See acast.com/privacy for more information.

THE PRACTICE OF GROUNDEDNESS:A Transformative Path to Success that Feeds—Not Crushes—Your SoulBy Brad StulbergA six-pillar program to combat burnout and realize a more lasting and fulfilling kind of success.Brad Stulberg is the coauthor of the bestselling Peak Performance and The Passion Paradox, and he also coaches Fortune 500 executives on performance and well-being.Stulberg shares a new model for success that defies the "never enough" culture of the twenty-first century. At the heart of this model is groundedness--a practice that values presence over productivity, accepts that progress is nonlinear, and prioritizes long-term values over short-term gain.Interweaving case studies, the latest science, and time honored lessons from ancient wisdom traditions, such as Buddhism, Stoicism, and Taoism, Stulberg teaches readers how to cultivate, through daily habits and activities, a grounded lifeA provocative and practical guide for overcoming the "always on" mentality and attaining a deeper and more authentic kind of success. Hosted on Acast. See acast.com/privacy for more information.

Primary markets have the lowest cap rates, more stable and doesn't havemuch yield. This is where insurance companies invest since theyprefer capital preservation as compare to investors who are inclinedwith a high cap rate that produces great yields and better returns.Get more information in our inner circle and discover our family office Ohana Mastermind.Visit simplepassivecashflow.com/journey Hosted on Acast. See acast.com/privacy for more information.

Who would have thought that you could invest in ATM machines?Well, Daniel did!Withdrawing money doesn't have to be the only thing that you would be doing from an ATM machine.You can create a business from it too!Let’s hear how Daniel operates and invests in an ATM machine and at the same time how he’s not letting his guard down.Get to know more about other people's interesting stories.Join at simplepassivecashflow.com/club Hosted on Acast. See acast.com/privacy for more information.

Announcing a few upcoming Events...1) Sept 4th, 2021 9AM-11AM PST - Simple Passive Cashflow Banking "2 Hour" Cram School (Online - no cost)What is this Banking thing? Get the free ecourse here.2) Sept 18 2021 - Tax and Asset Protection with Anderson3) Sept 24 2021 - Houston Texas Meeting for FOOM + Accredited only4) TBD Q4 2021 - Accredited Investors only - So Cal Meetup + Nor Cal Meetup5) Jan 14-17, 2022, Hawaii Mastermind - Pre-invite survey Hosted on Acast. See acast.com/privacy for more information.

Will a near death experience (NDE) bring your life to a 180 degree turn?We’re joined by Kathy McDaniel, she’s the author of the book Misfit in Hell to Heaven Expat.A very inspiring woman wherein she talks about her own near death experience and how it turned out to be an ultimate life-changing event.Ultimately, relationships matter most.And remember, 𝐧𝐨 𝐦𝐚𝐧 𝐢𝐬 𝐚𝐧 𝐢𝐬𝐥𝐚𝐧𝐝!Join us and gain valuable relationships.Visit https://simplepassivecashflow.com/networking/ Hosted on Acast. See acast.com/privacy for more information.

Who would have thought that choosing a good deal without compromising quality (a real estate strategy) can be applied to wine selection?In this video, we are joined by Agent Cru himself, Addison Rex, CEO of Wine Spies.Wherein we talked about how you can taste and experience exceptionally tasting wine without costing much.It’s experiencing luxury without ripping your pocket off.Depending on the kind of wine you choose!Come and sip with us! Visit simplepassivecashflow.com/club Hosted on Acast. See acast.com/privacy for more information.

Even if other countries have higher tax rates as compared to the US, we still want to maximize tax benefits from real estate investment. Besides, the tax percent that we’re paying now will not be like that forever. It will increase at some point and we want to beat that.We also talked about where the hot real estate markets are now and how supply and demand affects it.If you need to learn more about taxes, go to simplepassivecashflow.com/tax Hosted on Acast. See acast.com/privacy for more information.