Breaking Even is a Lie | Mentoring Preston – The Industrial Salesman – Session 1


This is mentoring session #1 with Preston – The Industrial Salesman. Preston lives in Mobile, AL, has dabbled a little into real estate and unfortunately has had some partners that didn’t work out.  His fiancé is onboard with the whole real estate investing idea (KEY!) and main goal this year is to add $4,000 in Gross Passive Income from rentals. 

Subscribe to our podcasts and THANK YOU for providing a Rating & Review on iTunes. It takes about 2 minutes with this link.

Key Takeaways:

  • Long Distance Investing – What Are Your Thoughts?
  • Where Do I Start to Raise Money?
  • What Would You Tell Your 25 Year Old Self?
  • Spend Time Developing Investing Criteria
  • Where is This Hot Market Going?

Episode Affiliate:

Links mentioned in this episode:

Gary Vee’s Voice is Annoying | Mentoring Nick – The Corporate Recruiter – Session #2


This is mentoring session #2 with Nick – The Corporate Recruiter. Nick currently lives in New Hampshire but is in the process of relocating his young family to Texas and with one turn-key rental in his portfolio, he is looking to house hack a small multi-family. 

Subscribe to our podcasts and THANK YOU for providing a Rating & Review on iTunes. It takes about 2 minutes with this link.

Key Takeaways:

  • Primary House Under Contract – Buyer Wants Most of The Furniture
  • Facing Your Fears, Focusing on Constructive Criticism
  • Atlanta is an Hour Away From Atlanta
  • Being Honest When Cancelling a Hotel Room Will Cost You
  • Radeon Air Inspection 
  • Stronger Offers = Larger Down Payment
  • Using LinkedIn to Expand Your Network

Episode Affiliate:

Links mentioned in this episode:

Forever Home and Dream Home Are Absolutely Obnoxious | Mentoring Eric – The Small Business Owner


Today I’m joined by Eric, small business owner near Palm Springs, FL, for his first recorded mentoring session. Eric has never purchased a house but is anxious to get into REI so he can pursue more time being a missionary with his church and other organizations he is involved.

Subscribe to our podcasts and THANK YOU for providing a Rating & Review on iTunes. It takes about 2 minutes with this link.

Key Takeaways:

  • Rich Dad Poor Dad is foundational, required read.
  • Real Estate puts a positive mark in your asset column that helps with tax liability. 
  • The phrases Forever Home & Dream Home are absolutely obnoxious. 
  • Goals change as you progress through chapters in your life. 
  • Eric walks a duplex with an inexperienced Realtor. 
  • Eric looks for partners for a down payment. 

Episode Affiliate:

Links mentioned in this episode:

The New England Patriots Love Winning | Virtual Coffee with Gino Barbaro


Today I’m joined by Gino Barbaro from JakeandGino.com. Gino is an investor, business owner and entrepreneur. He has been investing in real estate for 15 years and has grown his multifamily to over 1100 units in just 6 years with over $70MM in assets. Gino is the best selling author of ‘Wheelbarrow Profits’, graduate of IPEC, a Certified Professional Coach and currently resides in Florida with his beautiful wife and six children. 

Key Discussion Points:

  • How Gino Sets Goals
  • Equity Hounds
  • Ultimate Goal of Financial Freedom
  • How / When to Teach Your Kids About Financing & Saving
  • Accepting Societal Change Input From Your Kids
  • The American Dream is Dying, if not Dead 
  • Gino’s Best Advice to Raise Money
  • Gino’s Best Advice to Stop Exchanging Time for Money
  • Gino’s Thoughts on Market Direction and if He is Worried

Subscribe to our podcasts and THANK YOU for providing a Rating & Review on iTunes. It takes about 2 minutes with this link.

Episode Affiliate:

Contact:

Books Mentioned in this episode:

Links mentioned in this episode:

Breaking Even is a Lie – Mentoring Preston The Industrial Salesman


This is mentoring session #1 with Preston – The Industrial Salesman. Preston lives in Mobile, AL, has dabbled a little into real estate and unfortunately has had some partners that didn’t work out.  His fiancé is onboard with the whole real estate investing idea (KEY!) and main goal this year is to add $4,000 in Gross Passive Income from rentals.  

Subscribe to our podcasts and THANK YOU for providing a Rating & Review on iTunes. It takes about 2 minutes with this link.

Key Takeaways:

  • Long Distance Investing – What Are Your Thoughts?
  • Where Do I Start to Raise Money?
  • What Would You Tell Your 25 Year Old Self?
  • Spend Time Developing Investing Criteria
  • Where is This Hot Market Going?

Episode Affiliate:

Links mentioned in this episode:

Every Day You Are Building Wealth or You Are Not with Holly Morphew


Today I’m joined by Holly Morphew. She is a successful Financial Coach, Real Estate Investor and published author. Holly began teaching personal finance in 2006 as a service project with Rotary International. She received the prestigious “Rotarian of the Year” award in 2007/08 for her work in financial literacy. After a successful career in real estate and finance, Holly founded Financial Impact in 2016. Holly is recognized for her unique approach to money, which reinforces core values while creating wealth. Through workshops, courses, and masterminds, Holly has coached thousands to peace of mind and confidence with their money.

Subscribe to our podcasts and THANK YOU for providing a Rating & Review on iTunes. It takes about 2 minutes with this link.

Key Discussion Points:

  • Hiking Fourteeners and Finding Plane Crashes
  • Difference Between Financial Coach & Financial Advisor
  • Missing Link to Financial Education
  • Go To School, Be a W2 Earner, Consume Debt – NO!
  • Establishing a Lighthouse Fund
  • Consumer Debt is a KPI of Our Economy
  • Know the Highest/Best Use of Your Time/Income
  • Discover Your Impact Factor
  • Buying Rental Properties on Credit Cards?
  • Performing vs. Non-performing Debt
  • Pillars of Financial Independence
  • Seasons of Building Wealth

Episode Affiliate:

Contact:

Links mentioned in this episode:

Cosmic Justice – Stick to the Merit of the Deal with Dr. Marty Nemko


The Psychology of Negotiating Real Estate…Each month we focus on a different topic to study in the W2 Capitalist Mastermind and each month I bring in a virtual guest speaker who is an expert on that month’s topic. For the month of March 2019 that topic was Negotiating and Marty Nemko is the perfect guest to discuss this with us. Here is why:

Subscribe to our podcasts and THANK YOU for providing a Rating & Review on iTunes. It takes about 2 minutes with this link.

Marty’s Resume Highlights:

  • Career coached over 5500 students 
  • Author of the book Careers for Dummies
  • In his 30th year of hosting “Work with Marty” on NPR-San Francisco
  • Holds a Doctorate in Educational Psychology from UC Berkley
  • Written 12 books and over 3,800 articles on the topic of psychology

Key Discussion Points:

  • Most people want to be liked
  • Cosmic Justice – Stick to the Merit of the Deal 
  • Why you SHOULD hold onto constructive criticism
  • Why do most people struggle with identifying their own awesomeness?
  • Best written negotiation strategies
  • Why am I more interested in people liking me versus gaining the best deal and how it affects my negotiation skills. 

Episode Affiliate:

Contact for Dr. Marty Nemko:

Links mentioned in this episode: