Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 182: The Mindset of a Real Estate Investor with Steve Rozenberg

February 26, 2021 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_182.mp3

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In this episode, we ask:

  • Who is Steve Rozenberg?
  • What was dinner like for Steve growing up?
  • What changed for Steve around 9/11?
  • What about real estate?
  • What did Steve learn?
  • What about property management?
  • What about mindset and real estate investing?
  • What’s happening to the airlines?
  • Who owns the airplanes?
  • What happens when the planes are parked?
  • What about job security?
  • Why did Steve get into real estate?
  • What happened in the last 20 years?
  • What about taking focused and intentional action?
  • What is Steve seeing among pilots?
  • What are all of the ways one can make money on real estate?
  • What are the pros and cons of real estate?
  • What about making mistakes in real estate?
  • What about choices?
  • What is the mindset of a real estate investor?
  • What is the goal?
  • Why get into real estate?
  • What is the difference?
  • Why are some successful?
  • What are the desired results?
  • What about just being busy?
  • What about including the spouse and kids?
  • What is the employee mindset?
  • What is the entrepreneurial mindset?
  • What is the real estate investor mindset?
  • Why is it important to stop and think about your “why”?
  • What are the odds?
  • Is a rental property technically a business?
  • What does one need for a business to succeed?
  • Who has a business plan for their rental properties?
  • What is the best piece of advice Steve has received?
  • What about plateaus?
  • Will you stay the same, decline or improve?
  • What about universal atrophy?
  • What about the mindset?
  • What about the strategies?
  • What about buy and hold properties?
  • What about ego in a deal?
  • Does this property align with your goals or does it not?
  • Does the property align with your strategy?
  • Is this taking me closer to my goal?
  • Where is real estate headed?
  • What do you need to do to prepare?
  • What is Mynd property management?
  • Would you like to visit steverozenberg.com?
  • Would you like to subscribe to the YouTube channel?

Steve Rozenberg is the Vice President of Education for Mynd where he educates investors about the benefits of small residential investing.

Rozenberg is a member of both the Houston and Fort Worth/Mid-Cities chapters of NARPM, and is a licensed Texas real estate agent.
 
Rozenberg is an international commercial airline pilot who turned to real estate investing after 9/11 changed his life. Rozenberg has fixed-and-flipped hundreds of properties in the Houston metro, before co-owning the leading residential property management firm in Houston and DFW.
 
Throughout his 15-year career in real estate, Rozenberg has hosted several radio talk shows, appeared on a number of real estate investing podcasts, webinars, and masterminds.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_182.mp3

Episode 178: Tax-Free Wealth with Tom Wheelwright

January 29, 2021 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_178.mp3

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In this episode we ask:

  • Who is Tom Wheelwright?
  • Have you read his book, Tax Free Wealth?
  • Would you like to hear his podcast?
  • What was Tom’s childhood like?
  • Where did Tom first learn about money?
  • What was one of Tom’s first jobs?
  • What did Tom learn about rental property?
  • With whom does Tom work?
  • What does Tom’s CPA network look like?
  • What does Tom love about tax education?
  • How did Tom’s relationship start with Robert Kiyosaki?
  • Where do Tom and Robert travel together?
  • What about the tax law around the world?
  • How is the tax law a series of incentives?
  • What is Tom’s paradigm of taxes?
  • How long is the tax law in the U.S.?
  • Is all income taxable?
  • Is anything deductible?
  • What is the majority of the tax law?
  • What’s the history?
  • What about incentivizing the free market?
  • What about tax credits?
  • What about depreciation?
  • What about tax credits for sending your kid to college?
  • What about tax deductions for buying a house?
  • What do most countries have in common?
  • What’s fun about taxes?
  • How does one make more money when they follow the tax law?
  • What about electric cars?
  • Is the free market the best place to build infrastructure?
  • What about the cash flow quadrant?
  • What about tax incentives?
  • Have you read Cash Flow Quadrant by Robert Kiyosaki?
  • Are you an employee?
  • Are you self employed or a small business owner?
  • Are you a big business owner?
  • Are you an investor?
  • What about Trump paying $750 in taxes?
  • What about debt and real estate?
  • Do you have to be big to get the benefits of the big business?
  • Can an employee enjoy the tax benefits of an investor?
  • What about the Wall Street trap?
  • What about “retail” investments?
  • What about “wholesale” investments?
  • What about private equity?
  • Is this available to anyone outside of the 1%?
  • What about “factory-direct” investments?
  • What’s on the horizon for real estate?
  • What’s on the horizon for tax law?
  • Are taxes going down?
  • What’s likely to happen?
  • What about incentives toward clean energy?
  • Where is policy headed?
  • What was one of the best real estate deals ever?
  • Are you looking at cash flow?
  • What is the simple analysis of any deal?
  • What will happen to the size of government?
  • What opportunities come with government expansion?
  • What about the pandemic?
  • What about office space and other commercial real estate?
  • What is Tom doing differently in their office?
  • How many streams of tax-free income can Tom and Mark think up?
  • What about Roth IRAs?
  • What about HSAs?
  • What about depreciation on rental real estate?
  • What about a 1031 exchange?
  • What about reverse mortgages?
  • What about life insurance?
  • What about a business?
  • What is the only thing you can cash out of tax free?
  • How can you combine a business with real estate?
  • What about clean energy?
  • What about oil and gas?
  • What runs out? What wears out?
  • What about renewable energy?
  • Would you like to hear the Wealthability show?
  • Would you like to read Tom’s book, Tax-Free Wealth?
  • Would you like to visit wealthability.com?
  • Would you like to join the NEW Not Your Average Financial Community?

Tom Wheelwright is a CPA, CEO of WealthAbility®, Best-Selling Author of “Tax-Free Wealth”, Owner and Active CPA for Wheelwright Manahan, Speaker, and Host of 2 popular podcasts, including The WealthAbility® for CPAs Show. Wheelwright advises CPAs, accounting professionals, small business owners, entrepreneurs, and investors how to permanently and legally reduce their taxes by 10-40%. Previously, Wheelwright was a Manager in the National Tax Office of Ernst and Young, an Adjunct Professor in the Masters of Tax Program at Arizona State University for 14 years, and a Fortune 500 in-house tax advisor and tax lobbyist. 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_178.mp3

Episode 177: Your Life Insurance Business Line of Credit with Sarry Ibrahim

January 22, 2021 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_177.mp3

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In this episode, we ask:

  • Are you a business owner?
  • Who is Sarry Ibrahim?
  • How can Bank on Yourself® type life insurance policies be used for business purposes?
  • What about employee retention?
  • What about cash reserves?
  • Is your business sellable?
  • What about a key person?
  • How could you design this for business?
  • How long can your business go without income?
  • Have you considered the exit ramp of your business?
  • How might a whole life insurance policy from a mutual insurer help with selling a business?
  • What about the valuation of a business?
  • Why do corporations have cash value life insurance?
  • What about reinvesting money back into your business?
  • What about inflation?
  • What about other risks?
  • Where did corporate owned life insurance originate?
  • What about 162 plans?
  • What about key person policies?
  • What about competition in the marketplace?
  • What are the takeaways?
  • Would you like to join our NEW Not Your Average Financial Community?

Sarry Ibrahim focuses his expertise in working with clients who want to grow their wealth and protect it from creditors and predators! His specialty is in working with individuals, business owners and real estate investors in implementing sound financial strategies to thrive through life’s changing seasons. Sarry connects and brings to the table tactics that aren’t typically known to financial planners, investors or attorneys. finassetprotection.com

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_177.mp3

Episode 171: Unemployment, Post-COVID with Nicole Martin and Katie Cummins

December 11, 2020 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_171.mp3

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In this episode, we ask:

  • Are you unemployed?
  • Are you faced with challenges, as a business owner?
  • Who is Nicole Martin?
  • Who is Katie Cummins?
  • What about leadership?
  • What about shared leadership?
  • What ingredients do you have to put on the table?
  • What’s the state of our current employment landscape?
  • What’s the biggest competition?
  • What happened with the low wage jobs recently?
  • What about the other industry shifts?
  • What will the talent pool look like post-COVID?
  • What happens to the workplace?
  • How might we adjust?
  • What changes do we need to make?
  • What about furloughs and layoffs?
  • What about industries that need more staff than they can locate?
  • What about virtual work?
  • What about working in the office?
  • Will we go back to the way things were before?
  • What are some fun and creative things happening in this new normal?
  • What about fun family activities while working from home?
  • What about meeting pets and family members of coworkers for the first time?
  • How might we develop caring?
  • What about the Best and Brightest survey?
  • To whom might you reach out?
  • What does this crisis make possible?
  • What about a chaplain?
  • What about Zoom Bingo?
  • What about drink parties?
  • What about high performing businesses?
  • What are the four pillars of a high performing business?
  • What about shared core values?
  • What about everyone being a leader?
  • What about transcendent organizational value and purpose?
  • Have you ever just asked why?
  • What about performance excellence?
  • What about measuring indicators?
  • What about growth mindset?
  • How might we innovate?
  • What about trying something new?
  • Is now the time?
  • Are you a leader of the future?
  • Would you like to be in business for yourself but not by yourself?
  • Do you love what you do?
  • What does it look like to create your own path?
  • What about truth telling?
  • Would you like to apply to work with Mark and the Lake Growth team? bit.ly/worklg
  • What does HR Boost do for clients?
  • What about the free scorecard?
  • What are the takeaways?

Nicole Martin is Chief Empowerment Officer and Founder of HRBoost, LLC, a HR Shared Services consulting firm based in Chicago, Illinois. In recognition of her professional excellence as well as her community, Nicole has been honored by multiple organizations including most recently as one of Mirror Review’s 10 Game Changing Women in 2019. Awardee for Business Excellence by the Chicago Daily Herald, and a 2016 Enterprising Women of the Year Champion by Enterprising Women Magazine. A sought-after expert, her knowledge and advice have been featured in newspapers and magazines throughout the country. In addition, Nicole is the host online of HR in the Fast Lane and contributing writer for the Chicago Business Journal. Nicole has authored, International Literary Award and Amazon Best Seller, The Talent Emergency, the accompanying Talent Emergency Guidebook, The Human Side of Profitability, The Power of Joy & Purpose, and her newly released co-authored book No Fear Negotiation for Women. Nicole serves on a number of Boards dedicated to Human Capital, Culture and HR Excellence of which include Best & Brightest® Companies to Work For, Social Service in the community and Women in Business. To learn more about Nicole, go to www.hrboost.com or www.nicolemartin.live

 

Katie Cummins is a talented Human Resource professional and leader with experience across multiple industries and HR practices. She is an HR Consultant with HRBoost, LLC, an HR outsourcing and consulting firm. HRBoost believes every business deserves Strategic HR from day one and provides fully integrated HR outsourcing to HR projects and everything in between.

 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_171.mp3

Episode 166: Sean Morrissey is Landlording for Life

November 6, 2020 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_166.mp3

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In this episode, we ask:

  • When was your moment?
  • Who is Sean Morrissey?
  • Have you heard the podcast Landlording for Life?
  • Who is Sean leading?
  • What about buy and hold real estate?
  • What is leading with lifestyle?
  • What does financial freedom mean for Sean?
  • What happened when banks lowered the line of credit?
  • What happened for four years?
  • What did Sean learn?
  • What does Sean do and what does liquidity do for Sean’s business?
  • How did Sean get started?
  • What is the value of liquidity?
  • What are the challenges for landlords right now?
  • What does the average guy or gal not realize about the need we have for access to capital?
  • Is it easy to buy?
  • What’s the weird position?
  • Are you liquid enough?
  • What about roughly 3% of capital expenditures and reserves?
  • What about roughly 5% for vacancy?
  • What about roughly 3% for a liquidity factor?
  • What about the “what if” game?
  • What about Mark’s meeting with Sean?
  • What surprised Sean?
  • What did Sean find?
  • Have you heard Episode 159 and Episode 160?
  • What did Sean learn?
  • What about universal life policies?
  • Are all mutual insurance companies good for Bank on Yourself® type policies?
  • Why does the contract matter on a life insurance policy?
  • What is a direct recognition loan provision?
  • What about non direct recognition company?
  • What’s an eye opener?
  • What are Sean’s hopes?
  • How does Sean plan to use his policies in sync with real estate?
  • What does Sean see, looking back?
  • How does Sean think big enough now?
  • Where do you want to be in 10 to 20 years?
  • When do we want our money most efficient?
  • What’s the power of a whole life insurance policy (especially the older ones)?
  • What about tax deductions and depreciation in real estate?
  • What about long range thinking?
  • What are the options down the road?
  • What’s the problem of real estate without whole life?
  • Would you like to work with Sean?
  • What is happening with evictions in Illinois?
  • What about liquidity?
  • What about setting sights too small?
  • How big can you think?
  • What about opportunities?
  • Want to work with us? We’re hiring. http://bit.ly/worklg

Sean Morrissey is a landlord and real estate broker, in the western suburbs of the Chicagoland area, who has built a $7M real estate portfolio and owns/manages Chicagoland Realty Group Partners LLC.

Having managed 200+ properties for landlords in the Chicagoland area, Sean has built property management systems to make “buy and hold” real estate sustainable and wealth-building.

Sean’s proudest achievement is being able to spend his days with his wife, two kids, dog and cat in what some may define a financial freedom lifestyle. Sean is the host of the real estate “buy and hold” real estate investor podcast called Landlording for Life.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_166.mp3

Episode 165: Combining Bank on Yourself® with Profit First

October 30, 2020 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_165.mp3

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In this episode, we ask:

  • Would you like to work with us? Visit bit.ly/worklg
  • Is this your moment?
  • Would you like to learn how to combine the Bank on Yourself® strategy with Profit First?
  • Who are Brandon and Amanda Neely?
  • Can you build the wealth you really want?
  • What’s Amanda and Brandon’s story?
  • How many bank accounts do you need?
  • How much does an average bank account earn in interest?
  • How much does an average Bank on Yourself® type dividend paying whole life insurance policy earn?
  • What’s the story of Amanda’s client?
  • Who’s the boss?
  • How might you get the best results?
  • Are you financially set for life?
  • Who is taking unnecessary risk?
  • What’s the next step?
  • Who is in the banking business?
  • What makes business owners special?
  • How will Bank on Yourself® help you grow wealth?
  • What about the return of your capital?
  • What are the risks?
  • What about the options?
  • What are the benefits?
  • What about a volatility buffer?
  • Should you only do Bank on Yourself®?
  • What is Profit First?
  • What about debt?
  • What about paying cash for major purchases?
  • How might Bank on Yourself® help you to navigate the opportunity cost?
  • Are you in a W-2 job?
  • Will you run out of money?
  • Are you earning interest or paying interest?
  • Is all of your money tied up in a government sponsored 401(k)?
  • What about a diversified portfolio?
  • How might one break the paycheck-to-paycheck cycle?
  • What are the objections to Profit First?
  • Have you ever received a massive tax bill?
  • How does one pay the huge tax bill?
  • Will you find a way to be profitable?
  • Are you at least 1% profitable?
  • How do Bank on Yourself® and Profit First work together?
  • Do you give every dollar a job?
  • Would you like a copy of the spreadsheet? Email Mark at hello@nyafinancialpodcast.com
  • What are the steps for setting this up?
  • What could this mean for you?
  • Could this benefit you?
  • Do you need someone to help set up Profit First?
  • Do you need someone to help you set up Bank on Yourself®?
  • Would you like to schedule an intro call? The link is case-sensitive: bit.ly/BOYPF123
  • What’s your next best step?
  • What adjustments do you need to make?
  • What’s the death benefit?
  • Why are not-so-average strategies so important?

Profit First Chart

Profit First Chart

 

How Profit First works with Bank on Yourself®

https://nyafinancialpodcast.com/wp-content/uploads/2020/10/How-Profit-First-works-with-Bank-On-Yourself.mp4

 

 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_165.mp3

Episode 162: Real Estate Investing and Bank on Yourself® with Lane Kawaoka

October 9, 2020 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_162.mp3

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In this episode, we ask:

  • Who is Lane Kawaoka?
  • How did Lane start his portfolio?
  • What does Lane like to purchase?
  • What about “recession resistant” properties?
  • Why did Lane choose real estate?
  • What is Lane’s opportunity fund?
  • What about litigation protection? How does that work in each state?
  • What about retirement plans or qualified money?
  • What about tax advantages?
  • What is the advantage of using non qualified money?
  • What is cost segregation?
  • What is bonus depreciation?
  • Do the tax benefits get passed down to LPs?
  • What happens with high income earners?
  • What about the Required Minimum Distribution in retirement?
  • What is preferable about whole life insurance?
  • How does Lane pick his deals?
  • Why are relationships so important?
  • What about choosing the right, trustworthy people?
  • What are the three keys to success?
  • Does the income exceed the expenses (and then some)?
  • What about cash flow investing?
  • Would you like to hear Lane’s podcast, Simple Passive Cashflow?
  • What about Lane’s Mastermind, Passive Investor Accelerator?
  • What are the takeaways?

Note the disclaimer: The topics presented in this podcast are for general information only and not for the purposes of providing legal, accounting or investing advice. On such matters, please consult a professional who knows your specific situation.

 

Lane Kawoaka has been investing for over a decade and now controls 2,600+ units.  As owner of CrowdfundAloha.com, SimplePassiveCashflow.com, and ReiAloha.com, Lane is responsible for finding investment opportunities, analysis, and marketing. Mr. Kawaoka obtained a BS in Industrial Engineer and MS in Civil Engineering and Construction Management from the University of Washington. In addition to an analytical engineering background, Lane has real world experience in working as a project manager for over $230 million dollars of capital construction projects in both the public and private sector. Working as a high paid professional in Corporate America and frustrated by the traditional wealth building dogma, Lane was compelled to inspire and mentor other working professionals via his Top-50 Investing podcast at SimplePassiveCashflow.com.

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_162.mp3

Episode 155: Six Ways to Spend Less and Enjoy Life More

August 21, 2020 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_155.mp3

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In this episode, we ask:

    • Once upon a time, did you cut up a credit card?
    • What about six year term loans on cars?
    • What about consumer debt?
    • Where are we now?
    • Are Americans drowning in debt?
    • What’s the difference between the last recession and now?
    • What’s the bright side of the pandemic?
    • What has happened to consumer debt?
    • What is different now?
    • Are we buying as much?
    • Will we go back to the spending spree?
    • When will the debt chickens come home to roost?
    • What about relationships?
    • What about experiences?
    • Do you remember what gifts you received from the holidays 5 years ago?
    • Who is in debt?
    • What did Mark learn from Katrina?
    • What is the principle of Occam’s razor?
    • How does this principle look in action?
    • Are your subscription services multiplying?
    • Do you eat take out every night?
    • Do you have memberships?
    • Have you recently taken stock of your spending habits?
    • What are the six tips?
    • What is a want?
    • What is a need?
    • Are you sexy? Sophisticated? Cool?
    • How do advertisements affect our behavior?
    • Are you able to take a box breath?
    • What is a box breath?
    • Can you inhale for four counts?
    • Can you hold your breath for four counts?
    • Can you exhale for four counts?
    • Can you hold your breath for four counts?
    • Could you take a box breath before a purchase?
    • What’s the worst thing that can happen if I don’t purchase the thing?
    • Will buying this give lasting pleasure?
    • What about the spending pleasure meter?
      • Will the purchase be a real pleasure or a real waste?
      • How long have I wanted this?
      • Did I want this before I saw something else similar?
      • The last time I purchased a similar item, how long did the enjoyment last?
      • If I finance or charge this item, will I still be paying for it after the pleasure is gone?
      • Can I postpone this purchase for a month without causing harm, discomfort or inconvenience to myself or others?
    • What’s the score card?
    • Would you like to fill out the Spending Pleasure Meter?
    • Would you like to send a screenshot of your results to hello@nyafinancialpodcast.com?
    • How can you curb the impulse?
    • What about wrapping up the credit cards with paper stating your goal?
    • Have you written out your financial goals?
    • What really makes you REALLY happy?
    • Do you want to clean that thing?
    • What do you want to enjoy today?
    • How long does the “happy” last?
    • When is the expiration date?
    • What is perceived obsolescence?
    • Are you a visual learner?
    • Can you see yourself throwing away the item?
    • What is the hedonic treadmill?
    • What about Parkinson’s law?
    • How do we pursue happiness?
    • What is your happiness set point?
    • What about lottery winner happiness?
    • What about paraplegic happiness?
    • What about the baseline?
    • Can our long term average level of happiness change?
    • How might we impact our baseline level of well being?
    • What voluntary, internal circumstances are under our control?
    • Are we consistently and constantly grateful?
    • How does gratitude help us become a more conscious spender?
    • Do we crave material goods?
    • What about loving kindness meditation?
    • Do you notice and accept your emotions?
    • How might you simplify your life?
    • How might you find meaning and pleasure?
    • What about vocations and hobbies?
    • What are you grateful for?
    • How might you cultivate your relationships?
    • What about the mind body connection?
    • What about exercise?
    • What are your spending triggers?
    • What are some strategies?
    • Want a bonus tip?
    • What about Richard Thaler?
    • What if we took the best parts of human behavioral psychology and applied it to spending?
    • What if you moved money from savings to checking (instead of checking to savings)?
    • What did Warren Buffet say?
    • What are the takeaways?
    • Would you like an intro call with Mark?
    • What about a spending journal?
    • Could HR start depositing your check into savings instead of checking?
    • What about the spending pleasure meter?
    • Would you like to leave us a review? Send us a screenshot to hello@nyafinancialpodcast.com and we will send you a FREE book!
    • Would you like to join us for our upcoming webinar on Saturday September 12 at 10AM CT?

  • If you haven’t already, would you like to join our mailing list?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_155.mp3

Episode 154: Invest Local! Private Money Lending with David C. Barnett

August 14, 2020 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_154.mp3

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In this episode, we ask:

  • Who is David C. Barnett?
  • How did David get into private money lending?
  • How does David look for deals that help improve the borrower’s business?
  • What’s David’s story?
  • What about doing financial deals?
  • What about commercial debt brokerage?
  • What did the limited power attorney allow David to learn?
  • Do we know what will happen in the future?
  • What about collateral?
  • What about Plan B?
  • What happens when things go south?
  • How do the wealthy stay wealthy?
  • What about the small deals?
  • What about doing a small deal with your own money?
  • What about the percentage?
  • What about selling the collateral piece if it doesn’t work out?
  • What about social, moral trust?
  • What about retail vs. wholesale investment?
  • What is a retail investment?
  • What does a bank do with a certificate of deposit?
  • What happens with the repo man?
  • How might you increase your rate of return?
  • Are these sort of deals the riskiest?
  • How do you build your network?
  • What about diversification?
  • What about risk and reward?
  • How do you find opportunities?
  • Should you put an ad out?
  • How do you connect with a club?
  • How do you build a network?
  • Where is the social angle?
  • How is a network self filtering?
  • What about credit reporting?
  • What are the advantages of a private deal?
  • Will it affect the borrower’s credit score?
  • What are the protections?
  • What about diversification?
  • What about the notes as an asset?
  • What about a rate with compound yield?
  • What happens if the zombie apocalypse happens?
  • What’s the worst case scenario?
  • What about Nassim Taleb’s barbell strategy?
  • What about the rattlesnake?
  • What about leverage strategies?
  • What about thinking about someone’s personal needs?
  • How might you benefit your borrower?
  • How might you collateralize?
  • What legal documents do you need?
  • How is personal property different from real estate?
  • What about the contracts?
  • Do you need to go in front of a judge?
  • If someone can’t make the payment, what’s likely happening?
  • What about a nuance in the language?
  • What’s a UCC filing?
  • What about creating a registration?
  • How do you choose which loans are worth it?
  • What are the rules in your state?
  • What is the limit on the interest you can charge?
  • What about consumption?
  • What about financing business needs or personal needs?
  • What are the circumstances that must exist for David to make a loan?
  • How does this increase cash flow?
  • How does this increase revenue?
  • How does this help them save money?
  • Why did David write this book?
  • Can you do deals on the side?
  • How much should you limit yourself?
  • How might you leverage deals with your knowledge and expertise?
  • Would you like to learn more at davidcbarnett.com?
  • Would you like to download his free book?
  • How might you invest in what you know?
  • Do you know your borrower?
  • Do you have liquid capital?
  • How might you be an ethical lender?
  • How might you provide a solution for those in need?
  • Would you like to leave us a review?
  • Send us a screenshot of your review to hello@nyafinancialpodcast.com, and we will send you a free book!

Get our episodes delivered right to your inbox so you don’t miss the amazing free content we’re giving out each week. Also get exclusive access to live calls, office hours and Q&A with me and our esteemed guests!

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David Barnett works with entrepreneurs around the world helping them to buy, sell and organize their small and medium sized businesses.

He’s the author of 8 titles on Amazon (Read David’s Books) and has been maintaining a YouTube channel (watch David on YouTube) covering these topics which has hundreds of videos.

 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_154.mp3

Episode 153: Assisted Living Investing Strategies with Gene Guarino

August 7, 2020 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_153.mp3

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In this episode, we ask:

  • Who is Gene Guarino?
  • What is the Residential Assisted Living (RAL) Academy?
  • What is it about an idea that’s time has come?
  • What is the silver tsunami of seniors?
  • What about the boomers?
  • Have you experienced a family “event”?
  • What do parents want and need?
  • Who needs help with Activities of Daily Living?
  • Who wants to stay in a single family home instead of a large facility?
  • What about community?
  • What about a single family home that is too large?
  • What about care in the home?
  • Why is there an aversion to Long Term Care insurance?
  • What about running a business?
  • What are the costs?
  • What are the start up expenses?
  • What about the location?
  • What about finding an operator?
  • What about leasing?
  • What about 5 year lease contracts?
  • What is a giant advantage of liquidity?
  • How does Gene incorporate his family into his business?
  • How might you give your kids encouragement and empowerment?
  • How might you bring your kids along?
  • Would you like to download the book or watch the webinar at ral101.com?
  • What part are you going to play in the silver tsunami?
  • Would you like to live somewhere other than your own home if you need daily assistance?
  • What can a whole life insurance policy offer?
  • What is an accelerated death benefit rider?
  • How might this rider pay for care?
  • What about observation days?
  • What are the kids learning about leadership?

Gene Guarino is the founder of the Residential Assisted Living Academy. The RAL Academy is the premier source for education in owning, operating and investing in Residential Assisted Living and senior housing. Gene has trained thousands of people from across the country how to turn single family homes into cash flow machines.

RAL Academy’s motto is Do Good and Do Well. Gene has written 4 books and hosted 3 radio shows and has spoken in 5 countries and over 50 cities in the last year alone. 

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_153.mp3
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