Real Estate Money School

Behind every successful investor is a trail of failures, dumpster fires, bad deals, unmitigated disasters and maybe even some frivolous lawsuits. The truth you won’t hear from most investors: there’s no way around the necessity of failure in this business.  What sets the best apart is their ability to fail faster, learn, and bounce back. That sometimes means losing a ton of money, getting burned by a contractor, and still having the grit to do another deal.  What can we learn from these catastrophes and setbacks? Can a good real estate investing coach help make life easier? In this episode, I’m joined by author, entrepreneur, digital marketing wizard and my good friend, Bob McIntosh. He talks about his journey - from the struggles and pivots to the biggest lessons he’s learned along the way.  Three Things You’ll Learn In This Episode  First flip, total failure Losing money as a real estate investor is a given, but does this model make it easier to bounce back?  Lawsuits come with the territory What are

There’s a lot of money to be made in real estate, but in markets like this, there’s even more mistakes. The conditions are murky, a lot of information out there is lagging far behind reality, and a lot of the models are on borrowed time.  This means just about every investor is in hot water without even knowing it, especially if you’re eternally optimistic about real estate.  What’s the right approach to take in a market like this? Why do you need to back away from most syndication deals?  In this episode, I’m joined by Realtor and YouTube personality, Jeb Smith. He shares the mindset every investor needs to have if they want to survive the next few years.  Three Things You’ll Learn In This Episode  Jeb’s unique market take Are we headed for a crash, a run up, or something else entirely?  There’s a monster on the other side of this Which investors are in hot water without even knowing it? The wrong way to invest Real estate deals are won or lost right at the beginning. How do you set yourself up for su

Success is sweet, but the path is paved with hardships, sacrifices, demands, and failures. The mistake most people make is thinking about the get, not the give and the spoils, instead of the sacrifices.  If you want to build something meaningful, you’re going to run into walls all the time. Start with the expectation that it’s going to be hard, and instead of focusing on getting the gold, fall in love with digging.  Why is this something very few people do? How do we know which sacrifices are worth making?  In this episode, I’m joined by entrepreneur, investor, strategist, author and host of A&E's TV show Triple Digit Flip, Pace Morby. We have a candid conversation on the other side of success that’s not discussed often enough. Three Things You’ll Learn In This Episode  Life of a lunatic entrepreneur What are the challenges and pressures we have to accept if we want to succeed? Sacrificing for a reason vs. stealing time away from your family The hardest thing we’ll ever have to do is give up preci

Calling the media landscape crowded would be the understatement of the century. Establishing a distinct brand and getting it out there is the only way to stand out. All the big-name influencers with huge followings didn’t come up overnight. It took a consistent investment of time, effort, and money.  How do we establish validity and credibility in such a crowded space? What’s the secret to a great PR strategy?  In this episode, I’m joined by the founder of 610 Marketing & PR Agency and a Certified NBPA & FIBA Player Agent, Matt Palmquist. He talks about the power of PR and his focus as a business owner.  Three Things You’ll Learn In This Episode  First comes the brand, then the money Most people think PR is what makes you money. What’s its true purpose? Why PR causes a lot of headaches (and how to avoid them) How do we implement a high-quality PR strategy without burning money or wasting time? The secret to success is solving problems What do the most fulfilled and accomplished people do to make

Far too many business owners find themselves working hard, pouring into their ventures with nothing to show for it at the end of each year. It’s not because their businesses are failing, it’s because they haven’t mastered profit.  Mike Michalowicz’s Profit First system has made thousands of businesses profitable and changed how we do things around here.  What’s the psychology behind the system? What problem does Mike want to solve with his new business?  In this episode, Mike returns to the show to share why Profit First is so powerful and gives us the details of his upcoming book.  Three Things You’ll Learn In This Episode  Reverse engineer your profitability Why do we become more profitable when we think more frugally? How to find employees who think like owners What holds businesses back from finding the best talent? Solving the greatest recruiting problem What can sports teams and large corporations teach us about finding great hires?   Guest Bio Mike Michalowicz is an author, speaker, and serial

When markets drop, many panic, but the wise prepare for the opportunity. Downturns provide a rare chance to buy assets on the cheap, and have massive wins when the market rebounds.  From tech stocks to real estate, there are many ways you can buy low and build wealth.  How do you find the opportunities that are ripe for the picking? In this episode, I share how to turn a downturn into a springboard for massive wealth.  Three Things You’ll Learn In This Episode  The fatal mistake investors make  Most people understand what buying low looks like but they miss the selling high part. How do you make sure you exit before it’s too late?  Know what you’re putting money into How do you evaluate the financial health and stability of an investment before we make it? Balancing defensive assets with growth assets Why is it critical to sell off underperforming or high risk investments?    Get Your FREE Copy Of ‘The Private Money Guide’  and ‘Mapping Out The Millionaire Mystery’.  Keep up with us every week on our

Most people think money is the biggest motivator, but it isn’t. Once you hit a certain earning threshold, no amount of money will add to your happiness or fulfillment.  The more you earn, the more you realize that true drive comes from creating and impacting the lives of others. If we want our teams to perform at a high level - if we want to achieve all our dreams, it has to be about more than cash.  How do you focus less on getting and put your effort towards giving? In this episode, I share the secret to motivation and high performance.   Three Things You’ll Learn In This Episode  - What kids teach us about motivation Why do humans need a lot more than money or even consequences to get things done?  - You don’t want people solely motivated by money How can an employee who cares only about money actually poison your entire business?  - The secret to happiness is… Why do we have to turn our focus outwards if we want to have joy and fulfillment?  

When it comes to building wealth, time is one of the greatest advantages we have. If you’re 20 years old, you’ve got a long time to get your money to work for you.  There are plenty of things you can start doing right now to secure a cushy financial future, and they are quite simple.  If I could talk to my 20-year old self what would I tell myself about money? In this episode, I share 5 simple things you can do to pave a better and smoother path to success. Three Things You’ll Learn In This Episode  You’ve got time on your side How do we set ourselves up for hugely successful future decades early? Maximize the match Though I’m not the biggest fan of them, why is it important to take advantage of employer retirement contributions? How to get valuable information When you’re young, you don’t have the wisdom of older people so how do you get the knowledge you need?   Get Your FREE Copy Of ‘The Private Money Guide’  and ‘Mapping Out The Millionaire Mystery’.  Keep up with us every week on our FREE Live webi

The news might not want to admit that we’re in a recession, but the numbers don’t lie. We are definitely in a recession, and it’s just the beginning of the economic implosion.  We’re dealing with issues on multiple fronts, and that will have big financial repercussions. What pitfalls do we have to avoid? How do we prepare for what’s coming so we’re not caught on the wrong side of it?  In this episode, I talk about what’s really happening in the economy and how to get ready for it.  Three Things You’ll Learn In This Episode  - Indicators of economic fragility  What factors paint the real picture of what’s happening? - The external pressures we’re facing How will America’s troubles impact the global economy?  - How to protect your financial future  The last thing you need right now is a lot of debt, so how do we reduce it?    Get Your FREE Copy Of ‘The Private Money Guide’  and ‘Mapping Out The Millionaire Mystery’.    Keep up with us every week on our FREE Live webinars for more conversations like this,

Success isn’t as complicated as we make it out to be, especially if we decide not to conform to what everyone else does.  Thousands of books and millions of success stories prove that what holds us back from our dreams isn’t our circumstances, but our mindsets.  How do we succeed, even when our backs are up against the wall? In this episode, I share how to make our dreams a reality, and the one thing you must ignore at all costs.  Three Things You’ll Learn In This Episode  The difference between success and failure What’s the one key ingredient of success? How unlikely success stories begin Instead of focusing on where we fall short, how do we strengthen what we already have working in our favor? Why people discourage you How do we ignore the people who tell us not to reach for the stars?   Get Your FREE Copy Of ‘The Private Money Guide’  and ‘Mapping Out The Millionaire Mystery’.  Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest min

Real estate investors are the athletes of entrepreneurship. In one transaction, we can earn enough money for the whole year, and that’s both a gift and a curse. So many of us close a lot of deals but find ourselves with no money to show for it. It’s safe to call it an epidemic.  The Profit First strategy allows us to unjumble our finances, and experience the fruits of our labor. How do we install this system in our businesses?  In this episode, real estate investor, founder of Simple CFO Solutions, LLC, and author of Profit First for Real Estate, David Richter shares how to change your financial future by genuinely taking care of your money.  Three Things You’ll Learn In This Episode  Good at doing deals, bad at taking care of money Instead of living on the deal-to-deal hamster wheel, how do we bring some predictability to our finances? Give every single dollar a name What’s the ‘golden trio’ of finances we need to implement in our businesses?  Stop running an accidental non-profit We can’t make an impact wh

As everything on the traditional investment side deteriorates, there’s a lot of noise in the market. Banks keep collapsing, cost of capital is rising and stock market returns are declining.  If you use the Infinite Banking concept, these conditions are nothing more than noise.  Tapping into the process is like wearing a noise canceling headset. You’re in total control of your financial life. It doesn’t matter what’s going on in the stock market, real estate and the banking system - you hold the key.  What do people get wrong about the process? How can you access this concept outside of the US? In this episode, I’m joined by founder of Ascendant Financial, Jayson Lowe. He shares what the process makes possible.   Three Things You’ll Learn In This Episode  Don’t transfer your financial energy into someone else’s system We’re going to be making financial decisions our entire lives, how do we make them from a position of ultimate control? The biggest misconception about becoming your own banker If the prod

Before unlocking wealth, we must understand the truth about money and separate it from the myths.  Some of these truths require us to go against the grain of everything we’ve been taught. Others require us to do the complete opposite of what everyone else is doing.  How do we use these rules to create a better path for ourselves? How do we avoid the pitfalls many people find themselves in? In this episode, I share the truth about what it takes to become wealthy.  Three Things You’ll Learn In This Episode  The first rule of wealth Who should we pay first? Do what the banks do Once you save your money, you can’t leave it to sit. How do you put it in motion?  Don’t invest with a vengeance How do we avoid investing with emotion, FOMO, and greed?   

Bank failures, a digital dollar, an ongoing war, and the threat of more war. There’s a whole lot going on right now, and even though it feels like the whole world’s gone crazy, it’s really important to stay focused and calm. How do we remain level-headed and come up with a strategy for the coming recession?  In this episode, I share what’s happening in the world and how to focus on what you can control.  Three Things You’ll Learn In This Episode  The last thing you want to do right nowIt’s really easy to freeze up when there’s so much chaos around us. Why do we need to take action now? What the future holds for the US dollar Will a digital dollar change anything about our lives? What we need to pay attention to Is there war on the horizon?     Get Your FREE Copy Of ‘The Private Money Guide’  and ‘Mapping Out The Millionaire Mystery’.  Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://money

There are so many lenses through which we can view our businesses - as vehicles for opportunity or paths to wealth, but if we see it as a game we can never lose, it impacts how we operate in a huge way.  When we gamify what we do, we’ll never arrive at a destination - we’ll keep growing and reaching for more, generating new ideas, and overdelivering on our promises. How can we treat marketing our businesses as a game? How do we compound our content marketing efforts?  In this episode, I’m joined by investor, founder, corporate advisor, and the chairman of digital marketing agency Single Grain, Eric Siu. He talks about his own business journey and the most valuable lessons we can learn about wealth.    Three Things You’ll Learn In This Episode  The trap of marketing Service businesses, especially in digital marketing, have a history of overpromising and under-delivering. How do we avoid this?  What gets you paid on YouTube Everyone’s so focused on getting as many YouTube subscribers as possible, but what

Putting our money in the bank is something we all do by default, but the problem is, banks don’t have our best interests at heart. They take our money and use it to make themselves bigger and wealthier, but what if we could interrupt all of that and start calling the shots?  You’ve heard about becoming the bank, but what does it actually look like to take over the banking function in your life? In this episode, I share how to start mimicking the bank by changing one thing.  Three Things You’ll Learn In This Episode  The truth about the money you put in the bank How do banks get bigger and richer with the money we deposit? Never stop compounding  What are all the benefits of becoming your own bank? Why do banks have so many vice presidents? What can we learn from how the biggest banks in the country operate?      Get Your FREE Copy Of ‘The Private Money Guide’  and ‘Mapping Out The Millionaire Mystery’.  Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BON

Central Bank Digital Currency - everyone’s talking about it, even panicking about it, but what does it actually mean? Are we headed for a future of making payments with microchips in our arms?    Well, the truth is digital currency isn’t all that different from what we have today. The issue with it will be that the government will have its hands on it and that always goes so well, right?    In this episode, I share why the Fed wants a digital dollar and what it would mean for you and me.  Three Things You’ll Learn In This Episode    Separating gloom and doom from the facts Should we be afraid of digital currencies or are people overreacting?   What digital currency will change about our lives How different is CBDC from our credit cards and bank accounts which are already trackable?    The big picture Is there more to the Fed’s consideration of digital currency?   

Once upon a time (during and right after the pandemic to be specific) real estate was on fire. Now that prices have started to fall, “buy now, buy it all” is the advice you’re getting, but is the deal really as good as they say? “Nothing has made more millionaires than real estate,” they say, but if you’re not careful in this real estate market, you’ll end up with a lot less than what you started with. So, when it comes to real estate, what’s the right move to make right now? In this episode, I talk about where real estate’s headed and why you might not want to make any big moves just yet.   Three Things You’ll Learn In This Episode  Real estate…what now? Is the buying opportunity as good as people are saying it is? Where to spot the economic warning signs  If real estate is a lagging indicator, what leading indicators should we be paying attention to?  What the smartest minds in money are doing right now How are the richest investors preparing for what’s coming?  

Everyone’s chasing get-rich-quick strategies, using social media and other means to shortcut their path to success. The truth is, the fundamentals that have applied to building wealth for hundreds of years have never really changed. The landscape and platforms change, but not the principles.  No amount of technology can take the place of good habits and doing the right things consistently.  Do we need hundreds and thousands of followers to succeed, or can we make the most out of the people we already know? How do we blend the old-school fundamentals with social media, AI, and digital marketing?  In this episode, I’m joined by Top Producing Realtor, Chris Molenaar. He shares his story and the simple truth about success most people ignore.  Three Things You’ll Learn In This Episode  How to win without a high follower count Instead of focusing on getting as many followers as possible, how do we make the relationships we already have count?  The power of leveraging technology Can social media help us cut o

The most successful marketing doesn’t try to just sell to people, it educates them, and that’s what makes webinars such an effective strategy - you can do both at once. The only problem with webinars is they’ve developed a reputation for bait-and-switch tactics and putting solutions behind unnecessary paywalls.  How do we craft a strategy that not only teaches our ideal clients but also holds their attention and demonstrates value?  In this episode, I’m joined by the quarter-billion-dollar webinar man, and author of “One to Many: The Secret to Webinar Success”, Jason Fladlien. He shares all the things we need to be doing to make sure we’re putting out on-point webinars every single time.    Three Things You’ll Learn In This Episode  A superior advertising vehicle Most advertising is annoying and disruptive, what makes webinars different?  The power of your offer A great webinar starts with the offer. How do we perfect and fine-tune it for our audience?  How to eliminate objections in advance How do you m