Real Estate Money School

As a property investor, you might think you’re in the real estate business. You would be mistaken. You’re actually running a finance company, powered by real estate. The problem is: many investors don’t realize this and neglect their finances until it’s too late.   Financials are the most important aspect of the business. Not paying attention to your numbers is like driving with a blindfold on - you will crash. This understanding of numbers is what makes CPAs such great business owners, when they choose to escape the cocoon of the corporate job. That’s what today’s guest did, and in 5 years, he was able to scale to 900 deals without syndication.   How did he find his way into real estate? Why is it mission critical to understand our numbers? In this episode, CPA turned entrepreneur and co-founder of CityLife Residential, Casey Ryan Quinn talks about why we need to think like accountants and how to set up a strong back office in your business.   We’re not a real estate company - that’s just the vehicle. We’re

Syndication has always been an attractive vehicle for investors. You benefit from economies of scale without giving up a ton of money and get access to deals you couldn’t if you did it alone.   The only problem is: the economy we’re in has put massive stress on the model. Syndication relies on a solid exit, but it can be hard to achieve in an unpredictable market.   Banks are having a hard time pricing deals in this environment. Investors run the risk of being locked into a bad rate, with a pricey exit. The vehicle is also prone to fear and greed which can tank the value of an investment.   Is there a way to build flexibility into the deal so you’re not stuck in the market? Will syndication survive investors pulling their liquidity out? In this episode, Private Fund Manager, Jason Yarusi shares how he’s accumulated 2700+ apartments in 7 years, his incredible backstory, and why he wakes up at 4:32 am every single day. We also discuss the weaknesses of syndication and the strategies Jason put in place to mitiga

The frustration of not seeing savings grow consistently can be a real struggle. Imagine the possibilities if our money could work harder for us, not just in the long run, but also with benefits we can tap into right now.   This isn't just about setting money aside—it's about making our money work smarter and more effectively, whether it’s planning for the future or needing liquidity today.   Consider this: what if we could harness the magic of compound interest that builds wealth steadily over time, while still having the flexibility to access funds efficiently in the short term?   In this episode, I am joined by the Director of The Money School, Shawna Decker and Money Mentor Stephen Nagy, to talk about the benefits of uninterrupted compound interest and how to cash-build for the long run.   Infinite banking is not about the numbers and it’s not about the math, it’s about the concept.- Chris Naugle Three Things You’ll Learn In This Episode    -Don’t get hung up on the numbers Infinite banking isn’t just ab

It may be hard to believe, but a penny doubled over time can make you more money than a pile of $500,000 right now. What makes this possible is one simple yet powerful thing called compound interest.   It gives you the ability to multiply your money overtime, and turn one small investment into a whole lot of money. No wonder Einstein called it the 8th wonder of the world!   For all the power that compound interest has, it’s still misunderstood and totally underutilized. How does this powerful financial force actually work? What financial vehicle gives us both compound interest and access to capital for investments?   In this episode, I show you how compound interest can allow you to turn $500 into $500,000.   We’re the only ones who have been taught to give up control of our money, put it somewhere and let it sit and lose the opportunity to take advantage of new investments. -Chris Naugle     Three Things You’ll Learn In This Episode    -The smartest way to build wealth Compound interest is one of the most u

Most Americans put their money into retirement accounts and believe it will be enough when they need it. They don’t engage with it and it starts to feel a lot like Monopoly money.   You’re handing your wealth over to a system you don’t know, like or understand. You trust advisors, rely on hope, and never get your cash to truly work for you.   It’s America’s $40 trillion problem.   The system is designed to feed off the cash that’s sitting in these retirement accounts. An out of sight, out of mind approach doesn’t work for your wealth - it robs you of opportunity and leaves you with regret.   Damion Lupo identified this problem and is revolutionizing retirement as we know it. Ultimately, wealth is created when you solve the problems of the 99%. How did his business journey begin at 11? What did he learn from being $5 million in debt? Why is chasing impact the fastest path to cash?   In this episode, the financial mentor, podcast host, best selling author, and founder of EQRP, shares how he’s fixing retirement

With everything going on in the country, countless businesses and entrepreneurs are struggling to stay afloat. There are many business-saving government initiatives that can provide financial support, but many people remain unaware of them..   We know there are government programs offering loans and aid, but we're left in the dark about how to access them.   Where do we begin when it comes to tapping into these funds? What do we need to be eligible to claim these funds?   In this episode, founder/principal of The Chandler Group, Josh Zieglowsky joins me to talk about the different government programs that we can access to claim funds, how easy it is to do so and why we should take advantage of these opportunities.   You regret the things you don’t do, you don’t regret the things you try. -Josh Zieglowsky Three Things You’ll Learn In This Episode    -Government funds: keep this in mind What’s the catch when it comes to claiming government funds and loans?   -You give, you get Does the universal law hold true,

Investors who own huge multi-family units and complexes swear by cost segregation studies, but what if you own smaller single family units?   Well, the same tax eliminating strategy and ability to capture the time value of money is available to you. Cost segregation continues to be a heavily misunderstood strategy, some people think it’s a scam and many don’t realize it can apply to their smaller investments. Ultimately, cost segregation gives us the ability to use our dollars at their highest value and that's key for investors.   Who does the strategy apply to and how can you use it? What’s the ultimate benefit of a cost segregation study?   In this episode, I’m joined by the founder of USTAGI, Joseph Viery. He shares how to add this strategy to your wealth building arsenal.   This gives you the time value of money. You want this big deduction today because the dollar today is worth a hell of a lot more than a dollar in 27.5 years. -Joseph Viery  Three Things You’ll Learn In This Episode    -Claw back your

When a door gets slammed in your face, it’s easy to think the game is rigged against you, but what if it’s setting you up for your ultimate purpose and passion?   When William Denis’ lifelong Wall Street dream was cut short, he thought a door had been closed, But ultimately, this implosion ended up leading to a path where he can make the most impact. Through his journey, he found a highly underserved niche where he can truly give value.   How did he go all in on his entrepreneurial dream? What did he do to truly level up in his business and life? In this episode, I’m joined by the investor, entrepreneur and coach. He talks about his journey and the most important wealth lessons we can put into practice.   You can’t negotiate with yourself, if you say you’re going to do something, do it and do it well. -William Denis   Three Things You’ll Learn In This Episode    -Give, give and give some more Why was William willing to give up 50% of his business to his mentors and how did it set him up for massive success?  

Most of us are trapped in a cycle where we hand over our money, only to watch it disappear into a black hole of fees and limited growth potential. We're left feeling powerless and frustrated wondering: is there a better way?   We feel shackled by conventional banking norms, with limited options and little say in how our money grows. But what if there was a way to change all of this?   Enter Infinite Banking - a revolutionary concept that empowers us to reclaim control over our finances and become our own bank. It's a game-changer, allowing us to dictate the terms, so our money isn't just sitting idle; it's constantly working for us!   In this episode, I talk about the Infinite Banking Concept, seizing the power to make your money work and why infinite banking is the path to true financial autonomy.   To take back banking functions in our life, we must take back control of our money. -Chris Naugle Three Things You’ll Learn In This Episode    -Giving up control of our money What exactly do we get in return whe

Many real estate investment models seem great at first, but they become victims of the 3-year curse, especially in this market. You buy them, cash flow them and then everything goes wrong.   From commercial to syndication, a lot of investors are hurting right now. The safest model with the most safeguards is one many experts say will go off a cliff, but it shows no signs of slowing down.   What makes duplexes such a great investment? How do you flee the commercial real estate debt crisis?   In this episode, I’m joined by the author of The Family Board Meeting and partner in the largest build-to-rent organization, Jim Sheils. He shares the power of solving the finance issue and where to look for opportunities right now.   If the commercial world is not working, a couple of duplexes and quad-plexes can go a long way. The residential realm still has some guardrails around it. -Jim Sheils Things You’ll Learn In This Episode   -Why rehab when you can build Renovating and renting comes with a ton of headaches. Wha

In today's economy, there's a glaring divergence between multi-family and single-family. Unsurprisingly this has added another significant challenge for homeowners and investors alike. You can’t help but question the stability and future prospects of real estate.   With ridiculously high inflation rates in 2024, the situation has become even more dire.  It has pushed many individuals and families to the brink of financial instability.   How do we navigate these turbulent economic waters in 2024? What does the stock market predict? What do rate increases mean for us?   In this episode, technologist, data scientist and CEO of UGro, Grocapitus & MultifamilyU Neal Bawa, joins me to talk about inflation post-covid, and the dichotomy between multi-family and single family homes. We also talk about what happens when there is a hint of recession and the predictability of the stock market.   The economy was more resilient than anybody gave it credit for. -Neal Bawa Three Things You’ll Learn In This Episode    -Ba

Managing properties, rentals and tenants can be a constant headache for investors. The tough reality many landlords face is having to deal with the consequences of tenants who don't uphold their end of the agreement.   Utilities alone can be the third largest expense for apartment owners, and relying on service providers to handle billing can lead to delayed cycles, reimbursement hassles, and poor service in general.   Is there a solution to change all of this? Can we take control of billing our tenants ourselves? Can it reduce costs and increase efficiency in the process?   In this episode, I’m joined by CEO and Founder at Utility Ranger, and multi-family investor and utilities guru, Tiffany Mittal. She talks about how her company allows us to easily bill our residents for utilities and other fees. We also talk about how doing it ourselves can save us time and money.   Institutional investors have had all the control in the market, and it’s about time the smaller investors get the same advantage the big guys

They say the path to success is riddled with risks. You could fail, you could be ridiculed and rejected, you could lose your sense of security, you could lose everything.   The bigger risk and path to definite failure is not taking a risk at all. The people who conform will never get on the path to success, but the people who bet on themselves and their worthy ideas will succeed.   How do you make sure you’re in the ranks of people who have changed the world? How do you deal with the inevitable doubt and ridicule your worthy idea will get?   In this episode, our 250th episode, I talk about what it takes to be in the 2% of people who get the lives they want.   The real risk-takers are the ones who take the least amount of risk. -Chris Naugle   Three Things You’ll Learn In This Episode    -The biggest risk of all  Why is seeking security the death knell of success?   -To be great is to be misunderstood From the steamboat to the telephone, everyone who  had a worthy idea had haters. How do you keep going anyway?

Being wealthy is meaningless if you’re not healthy, but unfortunately, for a lot of people wellness is a lot more elusive than money. With all the illnesses and diseases out there,  it seems like our bodies are ticking timebombs, but that doesn’t have to be the case.   With the right modalities, our bodies can sustain and health themselves, and we won’t have to rely on traditional medicine. How have thousands of people solved their health issues through fasting? How do we cut through the health lies we’ve been told and key into what our bodies are telling us?   In this episode, I’m joined by health guru, author, speaker, wellness consultant, and founder of A Healthy Alternative, Chris Freeman. He shares how we can transform our lives by changing our relationship with food, and how we can create the ultimate legacy for our children - one of wellness.   The body is the only thing that heals the body. -Chris Freeman  Three Things You’ll Learn In This Episode    -Eat your water  Could certain foods be a richer s

When a market has enjoyed eons of expedited growth, great deals aren’t hard to come by. The real work begins when the deal flow slows, prices compress and properties sit on the market longer. This is the position many flippers and wholesalers find themselves in, especially in markets that have seen non-stop growth and massive appreciation.   It becomes really obvious that what many investors thought was their intelligence, was nothing more than a really good market.   The only way to keep succeeding is to become a better version of yourself as an investor. How do you seize the opportunity in a changing market? How do you shift from a transactional business model to something more sustainable?   In this episode, I’m joined by investor and coach, Dan Toback. He shares how to stay profitable in this changing environment.   The fun part about real estate investing and acquiring off market properties is it gives you the freedom to take on deals in your own timeframe and on your own terms. -Dan Toback     Three Th

If you heat your house and put gas in your car, you’ll know just how important oil and gas are - they literally keep the world running. What you might not know is that it's a highly desirable asset class with hundreds of millions of barrels in earning potential.   As more people flee from real estate and the stock market, they are getting consistent, predictable income from mineral rights.   What are some of the fundamentals that make this investment so favorable? What’s the runway on this asset class?   In this episode, I’m joined by domestic energy expert and investor, Troy W. Eckard. He shares how people are getting wealthy through oil and gas.   Having mineral rights is like being a triple-net landlord. There’s no cost, no exposure, zero liabilities, zero capital but you get a check every month. -Troy W. Eckard   Three Things You’ll Learn In This Episode    - Green energy: fact or fad There are a lot of people who think the days of oil are numbered, but why is that virtually impossible?    - The grocery c

Perfection is the key to success, right? Wrong…More often than not, focusing on getting everything perfect just delays the process of creation.   Success and wealth aren’t a straight line - if you’re focused on not messing up and not making mistakes, you’ll never reach any of your goals. If we seek momentum and progress, we’ll accomplish things faster than any perfectionist.   How do we disconnect ourselves from the idea of perfection? In this episode, I talk about the danger of perfectionism, and how to fall in love with taking action, even if it’s not perfect.   Done is better than perfect. If you strive for perfection, you strive to never get off the ground. -Chris Naugle   Three Things You’ll Learn In This Episode    -The root of perfectionism How do we overcome the fear of making a mistake?   -Success is iterative  How do we shift from starting out perfect to just starting and making improvements as we go along?   -Onward and upward  Sometimes making mistakes trips us up. How do we recover quickly and j

In every area of our lives, we can’t outsource what truly matters. We can’t outsource our faith, our health and our relationships, but for some reason we’re encouraged to outsource our wealth.   No one is ever going to care about and take care of our money the way we do. No one will ever invest according to our values the way we can. No one will ever care about our descendants the way we do.   That’s what makes whole life insurance so powerful. It’s a vehicle that puts you in control, and it’s the only vehicle that will ensure our wishes are carried out whether we’re around or not.   It’s also the only financial tool in the world that will grow with you and help you differently at every stage of your life. Ultimately, it isn’t just a concept and a tool, it’s also a powerful mental model and self-actualization tool.   What are some of the things we can do with this tool that we can’t with others? In this episode, I’m joined by author and founder of Life180, Chris Kirkpatrick. We talk about all the great things

Convincing investors to put money towards your idea. Not having enough money and dreading the next day. Making payroll by the skin of your teeth. Taxes and financials. These are just a few struggles business owners face daily.   There are many problems and pains associated with entrepreneurship, but if you live to fight through the hard times, you unlock an unbelievable level of opportunity, impact and fulfillment.   How do you pitch your idea to one of the greatest entrepreneurs of all time and win? What are some of the bottlenecks to our growth as business owners?   In today’s episode, I’m joined by entrepreneur, investor and partner at Tax Hive, Shawn Finnegan. He shares his story - from the beginning of his business journey to how he’s teaching entrepreneurs to build and run their businesses well.   The greatest motivator is pain, not success. -Shawn Finnegan Three Things You’ll Learn In This Episode    -The opportunity of a lifetime  The best thing that came out of the recession was that everything was

The secret to making more money is so brutally simple, anyone can do it, but few go through with it. You don’t need to learn anything new, get a coach, pay for a program or go back to school.    If we could put even an extra hour of work everyday, we could be making thousands more. It’s a tried and tested strategy that no one ever goes after, and that’s the biggest problem in our country.    How do you change your financial reality? Are greedy CEOs to blame for the financial struggles in our country?    In this episode, I share the simple way to earn more, and the tragic truth: the fact that very few people will ever do it. Things You’ll Learn In This Episode    - Do the extraWhen everyone is doing the bare minimums, how can we win by doing just a little more?   - Don’t blame the CEOsWhile greed is an issue in our society, could laziness be doing more harm?   - Think like an entrepreneurInstead of approaching your day like a 9-to-5er, how do you develop the mentality of a business owner?   - All it takes is