The Danny Randazzo Show: Recent Episodes
Danny Randazzo
Creating financial freedom is your responsibility. Whether your definition of “financial freedom” is having enough to pay the bills each month or having multi-million dollar passive income streams, you need to create the right mindset and money understanding to achieve your dreams.
Your host Danny Randazzo is a former financial consultant turned author, entrepreneur, speaker, and real estate investor with a portfolio worth more than $150 million.
Every freaking day, we’ll teach you a foundational financial lesson, share tools for transforming your mindset, or introduce you to the world of passive income & multifamily investing. Join Danny as he shares his experiences, interviews other inspirational investors, and answers your questions about money, mindset, and investing. We share motivation, knowledge, and tools every single day so you’ll never feel alone on this journey.
If you want to learn more about money, mindset, and multifamily, head to dannyrandazzo.com.
We're wrapping up Season One of the podcast today and looking forward to 2020.
Whether you're a new listener or have been here since the first episode, we appreciate you and your feedback!
Let us know what you'd like to see in Season Two on Facebook (facebook.com/dannyrandazzo) and Instagram (@danny.randazzo). Thank you for your support!
Find out more at dannyrandazzo.com/podcast.
This is the final piece of the Wheel of Life, and it's one of the best ones: rest & recreation.
Being a hard worker is a great quality - but it's so important to balance your work with your rest and recreation too.
In this episode, Danny talks about his own struggles with making enough space for rest and fun in the fast-paced world of entrepreneurship. But this is a crucial component to check in on so you can have a well-balanced and fulfilled life.
Find out more at dannyrandazzo.com/podcast.
We've reached the final step of the 8-Step Investing Guide! To wrap it all up, we're focusing on ongoing asset management. For each property, you need to keep a close eye on how your business plan is playing out, how your asset is performing, and if you need to make any changes. The performance of your asset is ultimately on your shoulders, so don't be afraid to take control and change things up if you need to.
Find out more at dannyrandazzo.com/podcast.
We've almost finished up our series on the Wheel of Life, and this time we're talking about one of life's core skills: time management. If you constantly feel like you're too busy, or like there is never time to do the things you actually want to do, then you need to take a close look at how you're using and giving away your time.
Find out more at dannyrandazzo.com/podcast.
We're up to step 7 in the 8-step Investing Guide, and this one is all about communication.
It's crucial to have good communication with everyone you work with the closing and business process: agents, lenders, investors, and property managers alike. Today we'll talk through some things you should keep in mind with your communication and how to make your life - and everybody else's - easier.
Find out more at dannyrandazzo.com/podcast.
We're up to piece six of eight on the Wheel of Life, and this time we're talking about spirituality.
There's more to life than all the things we run around doing every day. It's important to get in touch with the aspects of ourselves that need quiet, calm, and peace.
Whatever spirituality means to you, make time to check in with the spiritual aspects of your life. Do you need more time to meditate? To reconnect with your community? To journal, pray, or practice other spiritual routines?
Find out more at dannyrandazzo.com/podcast.
This is a replay of one of our most popular SS episodes. Enjoy!
On today's Spotlight Sunday episode, we're joined by business powerhouse Kelli Garrett of Garrett Ventures Group. Kelli is a fellow investor, business-flipper, and competitive basketball player with some excellent tips for creating a strong mindset and a great team.
Kelli and Danny talk about how Kelli became an entrepreneur, what her upbringing in rural South Carolina taught her about life and team-building, and what it means to flip a business.
Find out more at dannyrandazzo.com/podcast.
This is a replay of one of our most popular YQAS episodes. Enjoy!
Kelli Garrett joins me today to help answer more listener questions. This week, we're talking about whether you should invest in single or multi-family properties if you're just getting started in real estate, and we share our experiences.
Find out more at dannyrandazzo.com/podcast.
What would you do if your W2 paycheck suddenly stops? A lot of corporate jobs seem really safe, but the reality is that many of them could disappear quickly. What is your plan if that happens? How could you create an even better life for yourself if that were to happen? Today we're talking about replacing your W2 income and what you should be thinking about.
Find out more at dannyrandazzo.com/podcast.
We've arrived at step six of the 8-Step Investing guide: closing & implementing the business plan! Take a minute to celebrate the fact that you successfully closed the deal, and then it's on to the real work.
It's time now to implement your business plan. That means it's time to get new residents informed about any changes, start renovations, and have a plan to stay on track with your business goals.
Find out more at dannyrandazzo.com/podcast.
Money is a tool that you can use to your benefit, and it's not just about paying for the essentials in life. How can money help you do more of the things you love? Hiking, making creative videos, traveling, spending time with loved ones?
Find out more at dannyrandazzo.com/podcast.
A common question people new to the real estate world ask is: should I hire and work with a coach?
The real question you should be asking yourself is: do I want to go further, faster?
Working with a coach is one of the best things you can do to accelerate your success. It's important to find someone who is active in their field and a real master at it, because working with someone like that can help you avoid some crucial pitfalls.
Find out more at dannyrandazzo.com/podcast.
Today we're tackling piece number five of the Wheel of Life: Relationships!
Our relationships, both personal and professional, are the foundation of a healthy and successful life. It's important to keep an eye on the health of our relationships and invest more into them when we find ourselves falling short.
Find out more at dannyrandazzo.com/podcast.
In this episode of the show, you'll learn about your host, Danny Randazzo, and why he's sharing his wisdom about the three core pillars of wealth: money, mindset, and investing. We'll talk about what it takes to leave a W2 job and become a full-time entrepreneur, why it's so important to get your mindset right before you set new goals, and why this podcast will be your go-to resource for all things money & mindset.
Find out more at dannyrandazzo.com/podcast.
Each Saturday, Danny and his cohost Kelli Garrett answer whatever questions you may have about money, mindset, and investing.
If you have a question about anything having to do with your finances, your options for investing, or what you should do if you want to make more money, get in touch with us!
Find out more at dannyrandazzo.com/podcast.
In today's episode, I'm giving you a glimpse in to what's going on in my business.
My team and I have had a great flow of deals in recently, and we recently closed a property in the Triangle area of North Carolina. Now it's time to do some improvements to the property, make sure the community is ready and excited for what's next, and make sure our investment is ready for the long run.
Find out more at dannyrandazzo.com/podcast.
Today's step of the 8-Step Investing Guide: contract & due diligence! It's crucial to use the time between drafting the contract and closing day to make sure everything at your property is as you expected. Many issues can be ironed out before closing if they're caught early, but it's your job to make sure you get your boots on the ground and find out if the investment is up to your standards.
Find out more at dannyrandazzo.com/podcast.
Does owning a home actually make financial sense? The answer may not be as straightforward as you'd think, and we're digging into this somewhat controversial topic today.
In this episode, Danny talks about some of the risks and benefits of owning your home and different approaches you can take. Ultimately, it's up to you to decide what works for your life - but it's always good to think critically about your financial decisions.
Find out more at dannyrandazzo.com/podcast.
We're tackling a different mindset topic today, this time geared towards your career.
Working in the consulting or professional services industry can be rewarding, but also exhausting. Many smart, ambitious people end up in these career paths because they're not sure what else they'd like to do.
Well, if you're looking for a way to quit that corporate job, passive income can be one big part of your strategy. In this episode, Danny talks about how he used discipline to build his equity nest egg and eventually quit the corporate world.
Find out more at dannyrandazzo.com/podcast.
We're moving on to slice number four on the Wheel of Life: Health.
Many of us put our health on the back burner when we're busy, stressed, or in pursuit of a big goal. But it's important to take good care of your health throughout your journey, so you're feeling & functioning your best.
Remember, the Wheel of Life is a self-assessment tool - so the opinion that matters here is yours. What does the healthiest version of you feel like? How can you make that happen?
Find out more at dannyrandazzo.com/podcast.
In this episode, Danny and Caitlin talk about their real estate investments today and how their strategy has changed over time.
They talk through the first few properties they bought, what they learned from being in the short-term rental industry, and why they needed to reassess after each new venture to get to where they are now.
Find out more at dannyrandazzo.com/podcast.
Today's listener question is: if I just inherited a good amount of money, should I use it to pay off my mortgage?
Danny and Kelli answer this question and talk about different strategies for paying off your mortgage (and whether you should ever fully pay it off at all). They also talk about the price of home ownership and other things to think about when it comes to buying or renting your home.
Find out more at dannyrandazzo.com/podcast.
This is a replay of one of our most popular YHDF Episodes. Enjoy!
On Young, Hungry, & Determined Fridays, we talk about the most important strategies you can implement now to achieve your biggest, most ambitious goals. It's not about being young - it's about feeling young, excited, and determined to achieve whatever it is you dream of doing.
Today we'll explore the importance of income streams, why you want streams with minimal interruption, and why real estate is Danny's go-to income stream for building wealth.
Find out more at dannyrandazzo.com/podcast.
We're on to step four of the 8-Step Investing Guide we talked about in episode 5. Step four is all about getting your team together. To close your deal successfully and set your business up to be the best it can be, you need an awesome team behind you. This includes lawyers, property managers, lenders, contractors, and investors. You'll learn about what role each of these players has in your business and how you can find them.
Find out more at dannyrandazzo.com/podcast.
When was the last time you invested in yourself? Do you have money sitting around, waiting to be invested, that you could apply to learning something new and bettering yourself? Today we're talking about how and why you can invest in yourself to change your life and your future for the better.
Find out more at dannyrandazzo.com/podcast.
Today's episode is a special challenge: change up your routine. It'll shake up your mindset, and you never know who you'll meet when you do something new.
Find out more at dannyrandazzo.com/podcast.
We're talking about another piece of the wheel of life today, and this one is a personal favorite of Danny's: finances.
Are you happy with how much you're making? Spending? Keeping? Investing? You can use this tool to check in with your personal and business finances and figure out how you can tweak your income sources, your spending, and your overall financial health.
Find out more at dannyrandazzo.com/podcast.
On today's Spotlight Sunday, Caitlin & Danny talk about their pivot from San Francisco to Charleston and why they decided to go all in on real estate. They talk about making sacrifices in a relationship for bigger goals, what it's like to move across the country, and what they did to make sure they were supported in a time of major transition.
Find out more at dannyrandazzo.com/podcast.
Danny and Kelli Garrett are back answering your questions. This time, they're talking about how you can stay focused on your goals, what they would do differently in their careers, and why your network is so important.
Find out more at dannyrandazzo.com/podcast.
Is time your enemy, or your friend? On the path to financial freedom, you have to use all the tools you have to achieve your goal. Today, we're talking about why you need cashflow producing assets and how to get time on your side.
Find out more at dannyrandazzo.com/podcast.
Today we're talking about step three in the investing guide: submitting offers and using that opportunity to build your relationships. Now that you have solid leads, it's time to grow your network so you can get great deals in the future, too.
Find out more at dannyrandazzo.com/podcast.
Want to know why real estate is one of the best, most successful, and more reliable investment options? Listen in today as Danny walks through the top 9 reasons to choose real estate.
Find out more at dannyrandazzo.com/podcast.
Sometimes you need to let go of what you have so you can make space for more. Today we're talking about how this concept applies to your money, mindset, and your overall financial freedom.
Find out more at dannyrandazzo.com/podcast.
We're talking through another slice of the Wheel of Life today: Career & Mission. Danny shares how his approach to career and mission has developed over time and how he focused on this slice to create financial freedom.
Find out more at dannyrandazzo.com/podcast.
How can you raise money from investors quickly and efficiently? It takes a solid team, a great offering, and practice. Today, Danny shares his tips for raising capital based on his experience raising $2.5M from investors in 6 days.
Find out more at dannyrandazzo.com/podcast.
Our listener question this week is from Jamie, who asks: Can I start investing in real estate while I'm still working a full-time job?
Danny and Kelli Garrett answer this question and talk about how they both got started investing when they still worked corporate jobs. They also offer advice about getting your mindset right to pursue your goal of financial freedom even when you feel "busy".
Find out more at dannyrandazzo.com/podcast.
This week, we're talking about the $550K BRRRR Strategy - that's Buy, Rehab, Rent, Refinance, and Repeat. This is a great way to make a strong return on your investing, but you have to do some work in the underwriting process first. Danny talks you through his experience with the BRRRR strategy today and shares his tips.
Find out more at dannyrandazzo.com/podcast.
Today we're doing a deep dive on step two of the 8-Step Guide to Closing on your First or Next Investment Property, which we introduced in episode 5 and chatted about last week. This time, we're focusing on building your deal flow pipeline.
Find out more at dannyrandazzo.com/podcast.
How do you raise enough money to invest in multi-million dollar real estate deals? It starts with your experience and your network. Today we're walking through some of the crucial elements you'll need to have raise capital for your investments.
Find out more at dannyrandazzo.com/podcast.
If you want to create something new in your life, you have to be willing to get uncomfortable.
Find out more at dannyrandazzo.com/podcast.
Today we're talking in depth about the first slice of the Wheel of Life, Personal Growth. Investing in this area of your life can help support all the others. If you missed last week's episode on the introduction to the Wheel of Life, check out episode 30.
Find out more at dannyrandazzo.com/podcast.
Today we're shining the spotlight on Jeremy Roll, a legendary investor in the real estate, syndication, and multifamily space. Jeremy has helped shape this industry and recently shared 5 of his most important lessons for investing.
Find out more at dannyrandazzo.com/podcast.
Today Kelli Garrett and Danny are answering another listener question, this time about the difference between building wealth and saving money. If you're a longtime saver, this episode is one you definitely need to listen to!
Find out more at dannyrandazzo.com/podcast.
Do you want to quit your corporate, W2 job? It's possible, with strategy, determination, and the help of passive income. Danny is sharing his story about quitting a corporate job so he could be a full-time investor and build the life he and his family want.
Find out more at dannyrandazzo.com/podcast.
Today we're doing a deep dive into step number one of the eight-step investing guide I introduced back in episode 5.
Developing your criteria is an incredibly important step, because if you don't know what you're looking for, what's worth taking a closer look at, and what's going to get you closer to your goal, then you'll have a hard time finding it.
Find out more at dannyrandazzo.com/podcast.
We all have problems in life, and it's up to us to find solutions. If you have money problems, solving those before tackling other issues in your life can make everything easier. Danny talks about this idea in today's Money Wednesday episode.
Find out more at dannyrandazzo.com/podcast.
Sometimes our goals are so big that they seem impossible, like making an extra $10,000 a month. In this episode, Danny talks about why he likes to use basic math to break down his most ambitious goals and find the way forward to success.
Find out more at dannyrandazzo.com/podcast.
Danny introduces the Wheel of Life and what each of its eight sections represent. He also talks about why he's found it to be such a useful tool for creating a balanced, fulfilling, and abundant life.
Find out more at dannyrandazzo.com/podcast.
Today we're spotlighting Danny and Caitlin from 2017, as Danny recalls what his mindset was at the very beginning of his real estate investing journey.
Find out more at dannyrandazzo.com/podcast.
Today Danny and Kelli are answering another listener question, this time from a listener who wants to know how to get started in real estate with less than $50,000.
Find out more at dannyrandazzo.com/podcast.
Today Danny's talking you through a 4-step plan for financial freedom. It takes focus, determination, and grit to get there, but it's 100% worth it.
Find out more at dannyrandazzo.com/podcast.
Today we're talking about the importance of underwriting for ensuring financial accuracy and a good return on your investments. We'll discuss what underwriting is, how you can get better at it, and why it forms the foundation of a good deal.
Find out more at dannyrandazzo.com/podcast.
Today we're talking about the concept of dead money and why it's so important to put your money to work for you.
Find out more at dannyrandazzo.com/podcast.
To cultivate and protect your mindset, you need to get good at blocking out negative press, opinions, and other outside influences. In today's Mindset Tuesday episode, Danny shares some of his strategies for blocking negative press and keeping a positive, productive mindset.
Find out more at dannyrandazzo.com/podcast.
Today Danny walks through an overview of the stock market and how you can get started investing with the help of online platforms.
Find out more at dannyrandazzo.com/podcast.
Today Caitlin & Danny Randazzo talk about how they navigate investing & business as a couple. They also share how and when they started to create a vision for their life together, answer some of the questions they get asked about working together, and discuss how they get through challenging times.
Find out more at dannyrandazzo.com/podcast.
We're answering another listener question today, this time from Lisa who asks: What was the best advice you ever received, and who was it from? Danny and Kelli Garrett answer and talk about why it's important to be laster-focused on your goal.
Find out more at dannyrandazzo.com/podcast.
Welcome back to Young, Hungry & Determined Friday! Today we're talking about meetups and why they're one of the best ways to provide value to people in your network and build your authority in your industry.
Find out more at dannyrandazzo.com/podcast.
What is a self-directed IRA and what do you need to know about it? In this week's Investing Thursday episode, Danny talks about SDIRAs, why they're a more flexible investment vehicle than other options, and what you can (and can't) invest in with your SDIRA funds.
Find out more at dannyrandazzo.com/podcast.
What are you willing to do to make more money? Today Danny talks about a mindset you can build around money to empower yourself to increase your income, no matter what your circumstances are.
Find out more at dannyrandazzo.com/podcast.
For this week's Mindset Tuesday, we're talking about how and why to check in with yourself throughout the day. Danny shares a favorite tool that he uses to reduce stress, practice gratitude, and get re-focused on the day's goals.
Find out more at dannyrandazzo.com/podcast.
Today Danny's walking you through five steps you can start taking now to build a solid financial foundation. If you want financial freedom, you can take action every single day (in ways big and small) to get there.
Find out more at dannyrandazzo.com/podcast.
In this week's Spotlight Sunday episode, we have Caitlin Randazzo on the show sharing her story. She talks about how her childhood, early travels, and decision to move to New York at the age of 18 shaped her entrepreneurial mindset and her outlook on life and business.
Find out more at dannyrandazzo.com/podcast.
Kelli Garrett joins me today to help answer more listener questions. This week, we're talking about whether you should invest in single or multi-family properties if you're just getting started in real estate, and we share our experiences.
Find out more at dannyrandazzo.com/podcast.
Today we're talking about one of our favorite strategies for supercharging the value of any property you might buy. It's called value-add forced appreciation, and while it might sound complicated, it's simple enough once you walk through it.
In this episode you'll learn about value-add forced appreciation and how it looks different in the residential versus commercial real estate markets. And you'll hear why it's one of our favorite strategies in the multifamily investment space in particular.
Find out more at dannyrandazzo.com/podcast.
When you're new to the world of real estate investing, all of the new terminology and options for investment can be overwhelming. We're starting at the beginning today and talking about types of real estate investments you can look into as you work to grow your portfolio and achieve your goals.
You'll hear about options for residential real estate, commercial investments, and some of the things you'll need to keep in mind when you decide to take either path.
Find out more at dannyrandazzo.com/podcast.
Money is one of the foundational pillars of what this show is about, so today we're talking about why it's just a tool for you to control.
Money is only valuable because we can exchange it for things we want - food, shelter, travel, and even our time. It's your responsibility to take control of your money, rather than letting it control you.
Find out more at dannyrandazzo.com/podcast.
Today we're talking about how to accomplish any goal - a critical mindset shift that will help you achieve whatever it is you're setting your mind to.
Danny shares his goal-setting strategy and a 3-step process for meeting whatever goal you've set for yourself, whether that's adding a new income stream, starting a workout routine, or replacing your 9-to-5 income.
Find out more at dannyrandazzo.com/podcast.
Our foundational topic today is: debt! There's good debt and bad debt, contrary to what some debt-doomsdayers say.
In this episode, you'll learn about the difference between good and bad debt and some examples of each. We'll also talk about how you can use good debt to create income streams.
Find out more at dannyrandazzo.com/podcast.
On today's Spotlight Sunday episode, we're joined by business powerhouse Kelli Garrett of Garrett Ventures Group. Kelli is a fellow investor, business-flipper, and competitive basketball player with some excellent tips for creating a strong mindset and a great team.
Kelli and Danny talk about how Kelli became an entrepreneur, what her upbringing in rural South Carolina taught her about life and team-building, and what it means to flip a business.
Find out more at dannyrandazzo.com/podcast.
It's Your Questions Answered Saturday! On these episodes, we answer questions from listeners about money, mindset, and investing. Want to hear your question on the show? Leave us a voicemail at 843 790 4245.
This week's question is about how to find and pick a business partner. Danny talks about his experiences with business partnership and how he builds strong relationships with peers and potential partners in the industry.
Find out more at dannyrandazzo.com/podcast.
On Young, Hungry, & Determined Fridays, we talk about the most important strategies you can implement now to achieve your biggest, most ambitious goals. It's not about being young - it's about feeling young, excited, and determined to achieve whatever it is you dream of doing.
Today we'll explore the importance of income streams, why you want streams with minimal interruption, and why real estate is Danny's go-to income stream for building wealth.
Find out more at dannyrandazzo.com/podcast.
Investing Thursdays lay the groundwork for you to become a real estate investor, grow your wealth, and secure financial freedom.
Today Danny's sharing his eight-step process for closing on an investment property so you can start investing, too. From determining what goal you want your investment to achieve, to rounding up a great team, to implementing your business plan, this eight-step guide covers all the bases.
You can download a copy of this eight-step guide at dannyrandazzo.com.
Find out more at dannyrandazzo.com/podcast.
Money Wednesdays are designed to provide you with practical money-management tools and strategies, so you can feel in control of your finances and on track to build an abundant life.
On today's episode, we're talking about why it's important to track your monthly income and expenses - especially if you're at the beginning of your financial freedom journey.
You can also find a free Money Tracker Spreadsheet at dannyrandazzo.com.
Find out more at dannyrandazzo.com/podcast.
On Mindset Tuesdays, we share tips for improving your mindset so you can feel confident that you'll achieve anything you set your mind to.
Today Danny shares three tricks he uses to keep calm under pressure - whether that's in a high-stakes negotiation, an important meeting, or to wind down after a day of learning and growing.
Find out more at dannyrandazzo.com/podcast.
Foundation Mondays offer up core financial lessons so you can take control of your money and feel confident making financial decisions.
Today, we're talking about the difference between passive and active income and why you should work to build up passive income streams in order to achieve financial freedom.
Find out more at dannyrandazzo.com/podcast.
Welcome to The Danny Randazzo Show, your one place to find everything you need to transform your mindset, understand financial lessons, and achieve financial freedom. In the first episode, you'll meet your host Danny Randazzo, a former financial consultant turned author, entrepreneur, speaker, & real estate investor with a portfolio worth more than $150 million. You'll learn what to expect from the Danny Randazzo Show and how it can help you change your life.
Find out more at dannyrandazzo.com/podcast.