Bank Free Blueprint - MasteringRE.com: Recent Episodes
Tom Braegelmann
Are you looking for money for your real estate deals? Or are you looking for solid real estate cash flow investments yourself? You’ve come to the right place. Join Tom Braegelmann, industry thought leader and 30+ year real estate investment expert as he discusses simple, powerful and proven investing strategies with experienced investors who have money ready to invest, and experienced investors with great real estate deals. You will find everything you need and discover how to collaborate and work together to create amazing results. Get practical hands on deal structuring advice, strategies and ideas that work.
Peter Drucker says: “Entrepreneurs believe that profit is what matters most in business, but profit is secondary. Cash Flow is what matters most”. Multi-family rental property expert, Rod Khleif shares insights on rental property investments and maintaining the mindset for wealth and happiness. SHOW NOTES
“Entrepreneurs believe that profit is what matters most in business, but profit is secondary. Cash Flow is what matters most.” - Peter Drucker
0:45 - Opening the show and welcoming Rod Khleif to the conversation.
1:33 - Rod’s background and what attracted him to real estate.
3:32 - How mindset led him to 10x his income in one year.
4:57 - Rod’s thoughts on the importance of mindset in the era of COVID-19.
7:40 - Why pivoting in difficult times is critical and background on Rod’s podcast.
9:34 - Details on Rod’s upcoming virtual bootcamp and how to get $50 off admission.
11:28 - What Rod’s goal setting workshop looks like.
16:10 - An example of his visualization and goal setting from his early life.
23:52 - The importance of clarity when it comes to setting goals.
24:41 - More background on Rod’s upcoming event.
25:45 - Details on Rod’s book.
26:20 - Some advice he has for listeners.
28:35 - Why Rod has moved completely away from single family home investments.
32:07 - How to learn more about the investing process as well as investing with Rod.
33:53 - Who his event can help through education.
35:45 - Rod’s last bit of parting advice.
Links and Resources Mentioned:
The Top Five Regrets of the Dying by Bronnie Ware
How to Create Lifetime CashFlow Through Multifamily Properties by Rod Khleif
Jay Abraham
Mastering Real Estate Investing with Private Money by Tom Braegelmann
Contact Rod:
Website
Podcast
Multifamily Virtual Bootcamp (Use code RODFRIEND for $50 off)
Text “Partner” to 41411 to learn more about investing with Rod
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Understanding our strengths and weaknesses. Improving our team. Gain valuable insights from JP Albano as he shares with us how he built his successful investments through property rentals.
SHOW NOTES
1:07 - Introducing JP Albano and the topic for the show: investing in apartments.
1:35 - What JP’s background is like and how he got started in apartment investing.
4:35 - How he went about securing two of the primary areas of investing.
7:11 - Context around what he’s accomplished so far and where he’s planning to go.
9:32 - Details on how he’s set up some of his deals so far.
10:36 - JP’s geographic target and what kinds of properties he’s aiming for.
12:20 - The kind of strategy he’s currently using for his investments.
13:26 - How JP recommends people start identifying where they might fit in investment deals.
15:18 - What he learned from some of his mistakes early on in his investing career.
17:13 - Why JP thinks people often fail in real estate investing and how he mitigates those risks.
19:30 - A common myth he’s identified in the industry.
21:49 - Some resources that were helpful for JP.
24:21 - Contacting JP and finding the educational resource he built.
26:13 - JP’s parting words.
Links and Resources Mentioned:
BiggerPockets
BRRRR Strategy
Tony Robbins
Brendon Burchard
Emerging Real Estate Markets by David Lindahl
Jake and Gino
Contact JP:
Website
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Anthony Scandariato of Red Knight Properties looks at the potential for multi-family rentals beyond the pandemic. Take steps to get educated, find a mentor, and define your role to bust the idea that you need a ton of money to begin in apartment building investments.
SHOW NOTES
1:05 - Introducing Anthony and some of his background with Red Knight Properties.
1:56 - What Anthony’s experience during the coronavirus pandemic has been.
4:15 - What he thinks the multi-family residential rental business will look like in the next 6 - 12 months.
6:40 - The lessons Anthony’s learned about managing rental properties.
8:24 - The kinds of projects he’s typically looking for and how that affects the property management decisions.
10:13 - How the value-add business model works and some of Anthony’s investment criteria.
11:17 - Details on what Anthony’s role in his company is and how they work with investors.
12:51 - How he sees the current situation compared to the recession of 2008.
14:12 - Anthony’s advice for getting into rentals as an investment class.
15:51 - One of the biggest myths in the industry that he’s identified.
17:08 - Something he wishes he’d known when he was starting out.
18:19 - Anthony’s parting thoughts.
18:55 - Contacting Anthony.
Contact Anthony:
Red Knight Properties
Podcast
YouTube
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Einstein summed it up simply, "Compound interest is the eighth wonder of the world. He who understands it earns it; he who doesn't pays it.” Have you ever wondered how to get on the right side of debt? Dave Forsgren and Steve Croft of Money Max show you how they helped people crush their debt and have money to invest in the future.
SHOW NOTES
1:12 - Opening the show with one of Tom’s favorite quotes on compound interest.
2:01 - Introducing the topic of the show and welcoming Dave and Steve.
3:15 - An overview of the service they provide to clients and an example of a recent success story.
4:44 - Steve’s recommendation for getting on the right side of debt and how the Money Max Accounts can help.
6:43 - Background on how the product works to help people crush their debt.
9:30 - The role motivation can play with the clients they’ve worked with.
13:13 - What the time investment looks like with this program.
15:46 - More details on how clients interact with the program.
16:55 - Who the product may not be for.
18:47 - Ways the program can help allocate additional payment amounts and an example of how a small increase in payments made a big difference.
22:31 - More background on who may not be able to effectively use the program.
24:29 - What the payment structure and benefits of the program look like.
25:21 - Other things to know about the program and the upfront analysis.
27:31 - One piece of advice Steve wishes he had known earlier on.
30:11 - Dave’s favorite resources.
32:49 - How the books Dave mentioned relay their information.
34:21 - Dave’s last comments and contact information.
Links and Resources Mentioned:
Money Max Account
Rule of 72
Mastering Real Estate Investing with Private Money by Tom Braegelmann
The Better Money Method by Terry Laxton
The Power of Zero by David McKnight
Contact Dave:
Website
Dave’s Money Max Account videos and Ebook
Call Dave at (408) 505 - 9674
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Hard Money Lender, Leslie Smith, shares her experience and advice on structuring your deal, building your team, and submitting the details needed, to ensure you get your deals funded.
SHOW NOTES
0:42 - Introducing Leslie Smith, her background with Commercial Direct, and the topic for this conversation.
1:29 - The niche that Commercial Direct operates in and what the process is with typical borrowers.
3:32 - What the term and model is often like with Commercial Directs clients.
4:49 - Where she fits on the spectrum of lending types.
6:26 - What her typical clients are like.
7:32 - Clarifying what a commercial owner occupied property means.
8:14 - Things she’s learned in her experience as managing director of Commercial Direct.
10:07 - How to learn more about what Commercial Direct does and how to work with them.
12:10 - Comparing her rates to other lender types.
13:19 - What the cash out process can look like.
14:08 - Examples of good outcomes and tough situations that she sees with her clients.
16:21 - The geographic areas they operate in and where they like to work.
17:24 - Her belief in the amount of options for borrowers outside of traditional lending.
18:04 - How she got into this business and what her path was like.
20:08 - Leslie’s parting advice.
Resources and Links Mentioned:
Commercial Direct video resources
Commercial Direct blogs
Contact Leslie:
Commercial Direct
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Brian Horton, author of "Everything is Financed, and How to Get it All for Free" tells us how. Discover how the process works how you can create this proven funding structure to become your own bank.
SHOW NOTES
1:04 - Welcoming Brian to the show and giving some of his background.
1:33 - Brian’s main focus of becoming your own bank and what that means.
2:13 - Background on Brian’s book and his description of the overall process.
3:48 - Putting some context to the process and what mechanisms you can use.
6:11 - Details on one of the examples from the book.
9:54 - How Brian describes the process when people are interested in getting started.
11:29 - What the basic functions and benefits of the process end up being.
13:27 - How to get a free copy of Brian’s book and contact Brian.
15:13 - Other tips and book recommendations Brian has to offer.
Resources and Links Mentioned:
Austrian Economics
*Becoming Your Own Banker* by R. Nelson Nash
Discovering Hidden Treasures by Dan Thompson
Contact Brian:
Get a free copy of Brian’s book by texting your name and email address to Brian at 619-777-8944
Website
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Discover how working with a mentor will help maintain balance in your investing. Rainer Leeb shares the key to patience in building an impressive portfolio and why making mistakes is okay.
SHOW NOTES
1:16 - Welcoming Rainer Leeb to the show and giving some context to the conversation around getting started with investing.
2:14 - Where Rainer’s investing business is currently and how he got started.
5:23 - What it was like to start investing while moving his family to the US and working full-time.
9:22 - How he continued to educate himself on investing.
10:41 - The timeline of when he bought different rental properties with different strategies.
12:11 - What his general investing and cash flow strategy is.
13:37 - More details on his different strategies.
15:36 - Background on the BRRRR strategy and how Rainer learned about it.
19:30 - Rainer’s advice for things to do right away in order to get started in real estate investing.
24:23 - The value of working with a mentor and why it’s important to be comfortable making mistakes.
25:47 - What he would do differently if he could go back to earlier parts of his career.
27:06 - His advice for maintaining a balance in your life.
28:54 - Rainer’s last words of advice.
30:14 - How to get connected with Rainer.
Resources and Links Mentioned:
Rich Dad Poor Dad by Robert Kiyosaki
HELOCs
BRRRR Strategy
Buy, Rehab, Rent, Refinance, Repeat by David Greene
Bigger Pockets Real Estate Podcast
Long-Distance Real Estate Investing by David Greene
The Book on Investing In Real Estate with No (and Low) Money Down by Brandon Turner
Contact Rainer:
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Did you know you can access the equity in your home with out creating more debt? Matthew Sullivan, founder of QuantmRE explains how this works with details and examples on this low risk investing alternative. Learn how contracts are structured, timelines are created and much more! You also can get access to Matthew’s eBook Equity Freedom. SHOW NOTES
1:21 - Introducing Matthew Sullivan, founder and president of QuantmRE, and some background on how his company helps clients take control of their home equity.
3:09 - How Matthew found this idea and developed it.
4:53 - Some examples of how these contracts work with homeowners and investors.
8:17 - More details on how the numbers and risk break down in the example.
10:50 - How the contracts compare to other methods of accessing equity.
12:42 - An example that helped Tom wrap his head around this concept and how it appeals to both homeowners and investors.
16:37 - Another example of a situation where this would be an appealing alternative.
18:33 - More background on how the contracts are structured.
20:58 - How improvements to the properties can affect the contracts.
21:56 - What ranges of lien-to-value work best with this vehicle.
24:11 - The top things Matthew has seen clients do with their capital.
25:29 - What the timeline of the process is like and what’s involved with the application.
28:39 - How to learn more specifics about the program.
30:07 - Matthew’s parting words and questions he is often asked.
Resources and Links Mentioned:
HELOCs
Contact Matthew:
Website
Free eBook
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Jacob Jennings interviews Tom Braegelmann about his new book Mastering Real Estate with Private Money. Discover how you can use Tom's unique collaborative profit-sharing model and abundance mindset approach to bring money and deals together to achieve safer and more profitable investments than you ever thought possible.
SHOW NOTES
0:56 - Welcoming Jacob back to the show as Tom’s co-host for this conversation about Tom’s book.
1:36 - Background on Tom’s family and his entrepreneurial spirit early in life.
5:33 - What began his transition into real estate investing.
6:56 - The importance of starting slowly with investing to build trust and experience.
9:25 - Why one of the toughest times in Tom’s life became one of the most valuable.
12:30 - How different factors contributed to his losses and what he learned from it.
16:13 - What Tom identifies as his purpose.
17:07 - Things he would do differently in his rebuilding process of the last 10 or so years.
20:55 - The spectrum of investor personalities and how to navigate where you might be.
24:26 - Why investors can benefit from being willing to share in profits and an example from Tom’s experience.
29:00 - Other benefits to working collaboratively with a team and approaching deals with an abundance mindset.
31:37 - How the cycle of abundance has affected Tom’s life.
34:15 - Tips for presenting to investors.
37:41 - Why Tom wanted to write this book.
39:31 - What Tom’s planning to get into next.
Resources and Links Mentioned:
Mastering Real Estate Investing with Private Money by Tom Braegelmann
Kensington Fund
MasteringRE.com
Mastery by Robert Greene
Contact Jacob:
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
How do deferred sales trusts benefit investors? Brett Swarts, Founder of Capital Gains Tax Solutions, coach and podcast host explains the flexibility and advantages to this structure. Compare to a 1031 exchange as well as a monetized installment to realize how to roll gains into new deals.
SHOW NOTES
1:00 - Introducing Brett and what he does to help clients as a deferred sales trust coach.
1:41 - What a deferred sales trust is.
3:02 - How deferred sales trusts can benefit investors by rolling gains into new deals.
4:57 - How this strategy compares to a 1031 exchange and what the advantages are.
10:30 - Why the flexibility of the DST is so beneficial, particularly right now.
12:51 - More details on the mechanics of how DSTs work.
16:00 - Where Brett’s company fits into the process with their clients.
18:26 - More background on the flexibility of this strategy as opposed to using a 1031 exchange.
19:45 - Additional details on the structure of these deals and the legality of the approach.
21:44 - What the fee structures look like and how they compare to a 1031 exchange.
25:01 - How to learn more about whether this strategy could be right for you.
26:34 - What kinds of topics Brett covers on his own podcast.
27:44 - Comparing this approach to a monetized installment sale and questions to ask with any tax deferral strategy.
30:32 - Who is on Brett’s team and what they do.
32:08 - Questions that Brett thinks are important when looking at this kind of strategy.
34:17 - Background on Brett’s family and his hobbies.
35:58 - Brett’s recommended resources.
39:00 - Contacting Brett and his parting words.
Resources and Links Mentioned:
Seasons of Life by Jim Rohn
Take the Stairs by Rory Vaden
Never Split the Difference by Chris Voss
Dave Ramsey
Contact Joey:
Website
Podcast
Youtube
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Consider mobile home investing! Jacob Jennings is back to tell how renovating and marketing mobile homes is currently a growing market. Learn a cashflow strategy with mobile homes and how it fits into four pillars of wealth creation.
SHOW NOTES
0:46 - Welcoming Jacob back to the show and introducing the topic of mobile home investing.
2:40 - Why not being a sexy investment can be a benefit.
3:08 - What being an affiliate based investor means and why Jacob follows this model of collaboration.
5:58 - The benefits to building a team in order to leverage your skills with the skills of others.
7:39 - How his partners changed his mindset around investing in mobile homes.
9:26 - An overview and some examples of how Jacob works with investors.
10:37 - Jacob’s goal with the company and the steps he takes to teach people to become accredited investors.
11:33 - The cashflow strategy with mobile homes that Jacob utilizes and how it fits into four pillars of wealth creation.
14:20 - Some examples of how they renovate mobile homes and why mobile homes are a growing market right now.
17:23 - How the barrier of entry to mobile homes can compare to single family homes.
18:14 - Why the velocity of cashflow in mobile home investing can be so high as well as some other benefits.
21:28 - Details on the method Jacob’s company uses to execute this investment strategy and why he’s so open to sharing his knowledge.
25:18 - Other benefits and protections his company has set up for investors.
27:07 - Examples of the different structures that investors with Jacob’s company often use.
34:32 - Some questions he frequently gets about his process.
38:00 - Background on Jacob’s partners and how he likes to help with different businesses.
46:40 - Jacob’s contact information.
48:13 - Jacob’s parting advice on considering mobile home investing.
Resources and Links Mentioned:
SEC Accredited Investor definition
Warren Buffett
Clayton Homes
Contact Jacob:
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Have you heard of infinite banking? Joey Mure of Wealth without Wall Street shares his 4 stage approach to help investors get into the game with this approach. Take control of your money and see the benefits of building a community of like minded people for your success.
SHOW NOTES
1:12 - Welcoming Joey Mure, of Wealth Without Wallstreet, to the show.
1:29 - Some of Joey’s background and how he got to where he is now with his business.
5:00 - Details on what infinite banking means and where the term came from.
9:04 - How he got into using life insurance as an asset type.
10:00 - Why this vehicle is like being your own bank, on a certain level.
13:26 - Recapping how this process gives you control over your money and what the key component is when it comes to investing in real estate.
16:49 - How to start getting into this process and what questions people often ask.
20:43 - The four stage approach Joey has built with his business to help people get into investing in this manner.
21:50 - What things can make someone a good fit for working with Joey.
23:56 - Why the process is less complicated than it sounds at first and why being in a community with like-minded people is so important.
27:20 - Some of the added benefits to the community Joey has built with his business.
30:41 - Joey’s last words of advice.
33:26 - Connecting with Joey and his recommended resources.
Resources and Links Mentioned:
Nelson Nash - Infinite Banking
Becoming Your Own Banker by Nelson Nash
Robert Kiyosaki
Contact Joey:
Website
Podcast
Youtube
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Have you tried meditation to relieve your investing fears? We know mindset is the key to so many things in life and that certainly includes successful investing. Check out Jacob Jennings’ 12-Step Real Estate Party Plan to help you get the right mindset for successful investing.
SHOW NOTES
1:07 - Introducing Jacob and some background on what his company, Thomas Reide Global, does to help investors.
3:58 - How he helps investors get started and find investments that are the best fit for them.
6:11 - Jacob’s strategies for moving past fear and finding the right mindset to move forward with investments.
9:30 - Ways he’s been able to help people overcome fear to start investing.
13:18 - How Tom got started with investing.
14:18 - Things Jacob looks for when picking people for his team.
16:04 - Why having the right mindset is so important and how meditation has been so transformative for Jacob.
20:03 - Both Tom and Jacob’s approach to meditating.
21:37 - The benefits Jacob has seen from bringing his experience as a professional dancer into his approach to investing.
23:49 - What Jacob’s 12 Step Real Estate Party Plan is and how it helps people get started in real estate.
28:12 - Why you should embrace not having all the answers up front.
29:40 - Jacob’s recommended resources.
32:46 - Closing thoughts.
Resources and Links Mentioned:
Insight Timer
Headspace
Mel Robbins’ Audible page
Mastery by Robert Greene
Dr. Bruce Lupton Explains How We Are Programmed At Birth
Contact Jacob:
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
What are the critical things to know when setting up a real estate investment deal with a JV partner? How can a comprehensive real estate underwriting checklist be the difference between a profitable real estate deal and a losing deal? Michael Hill shares his expertise as a real estate financing and real estate deal structuring expert and coach. SHOW NOTES
0:48 - Introducing Michael and the topic for the conversation - getting more deals done safely and more profitably.
1:04 - The most important things Michael has identified in getting more deals, doing them safely, and being more profitable.
2:22 - Information on Michael’s background and the companies he works with.
4:23 - Michael’s expertise on structuring deals to keep his clients safe and some of the things that are important to know when setting up a project, from the perspective of both active and passive investors.
5:54 - The scope of problems that Michael helps his clients avoid.
7:31 - How understanding why many lawsuits occur in the first place is half the solution to helping investors avoid them.
9:09 - Michael’s advice on structuring escrow payments to control funds and protect projects.
13:02 - The process Michael uses to help walk people through setting up safe deals and some of the services that he offers to his clients.
15:19 - Background on a project Michael and Tom collaborated on and how it relates to real estate investors, approaching business decisions with analytics, and what he views as a disruptive business.
20:15 - More details on what makes a business disruptive to existing industries.
21:09 - Additional information on the services Michael’s company provides.
22:24 - Details on project recovery, how Michael uses it to help his clients, and why it’s a beneficial thing to consider and spend time on up front.
27:38 - Why checklists are so helpful when putting projects together and getting all the details together in order to try to mitigate and eliminate risk.
31:08 - Contacting Michael.
31:41 - Michael’s suggested resources.
33:08 - Michael’s parting advice.
Resources and Links Mentioned:
What They Don’t Teach You at Harvard Business School by Mark McCormack
Rich Dad Poor Dad by Robert Kiyosaki
Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki
The Science of Getting Rich by Wallace Wattles
Contact Michael:
Eagle Property Partners
Business Advantage System
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Performance coach Dan Doran shares why mastering the skill of time blocking, connecting back to the big why and getting into the habit of expressing gratitude are powerful techniques to successful real estate investing. Learn how by passing perfectionism and focusing on doing good enough, but not doing less than what’s required often delivers the best investment outcome.
SHOW NOTES
0:51 - Welcoming Dan Doran to the show and introducing the topic for the conversation, his 7 master skills of highly effective real estate entrepreneurs.
1:42 - Background on Dan and his career journey.
3:27 - What brought Dan to coaching and why he loves it.
4:33 - Looking at things holistically and how personal development and professional development relate.
5:48 - General information on the master skills, how he identified them, and differentiating productivity from just getting a lot of things done.
8:18 - How he coaches people when it comes to priorities and urgencies.
9:52 - The master skill of focusing and how it relates to the basic skill of time blocking; connecting back to the big why.
12:26 - Using gratitude lists and how it affects everything you’re doing and how Dan got into the habit of expressing gratitude.
16:21 - How to make better decisions and the second master skill of creating reusable materials in your business to build confidence in decision making, like Dan’s decision tree.
20:32 - Dan’s approach to evaluating deals in private lending.
22:32 - Bypassing perfectionism with the basic skill of getting the job done and the master skill of doing exactly what’s required and moving on.
23:28 - Willie Hooks’ MBA story regarding bypassing perfectionism since it’s a form of procrastination; how Dan used that story to help authors get their books written.
27:47 - Focus on doing good enough, but not doing less than what’s required.
28:13 - The fourth master skill of only putting things on your planner that you plan to actually complete.
30:22 - Taking a moment to pause and evaluate tasks and projects based on whether or not you’re willing to finish them as well as if they take you closer to solving a problem.
32:19 - The fifth master skill of looking at failure everyday to have both constructive and restrictive motivation and the basic skill of visualizing what you want.
35:44 - Dan’s story about how he helped two clients through using the sixth master skill of recruiting the reticular activating system on top of the basic skill of setting goals.
40:14 - The final master skill of winning in the week as a way to break down long term goals by intentionally focusing on high priority items.
42:14 - How to learn more about Dan’s coaching and how to get in touch with him through his email by including “Tom Braegelmann” in the subject line.
42:58 - Dan’s parting advice.
Resources and Links Mentioned:
Sales Mastery for Real Estate Entrepreneurs
Episode #051 with Willie Hooks
Dan’s “Ultimate Strategy” seminar
Reticular Activating System
Contact Richard:
Call or text Dan for a coaching call at (360) 631-1075
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Discover three reasons why you should look into luxury vacation rentals as a way to invest in real estate and why it can act as a hedge against risk in certain market conditions. Jason Merritt withBy The Beach Properties tells why luxury VRBO can be a great passive income generating option. He also shares what to look for when selecting a VRBO property manager.
SHOW NOTES
1:02 - Introducing the the topic of private vacation rentals and our guest, Jason Merritt with By The Beach Properties.
1:34 - The first of three reasons that someone may want to look into incorporating luxury vacation rentals in their investing portfolio.
3:11 - Why luxury properties are popular rentals and who often rents them.
5:06 - What areas Jason has found work best with this strategy and why it can act as a hedge in certain market conditions.
6:45 - How to evaluate seasonal downtimes in prospective rental areas.
8:17 - The second reason this strategy can be valuable and how being an income generating vacation rental can affect appraisals.
9:45 - The third reason someone may want to look into vacation rental properties for the investing portfolio.
11:14 - Some context for Jason’s background in this industry and how his company works with people.
13:03 - The benefits of their model from working in closer alignment with their own goals and their clients’ goals and providing context for the value in repositioning properties.
15:30 - How Jason’s company works to set themselves apart from their competitors.
18:29 - Potential pitfalls to avoid in the private vacation rental industry.
21:50 - Information on the book Jason is co-authoring with Dave Bynum, “The Secret to Selling Your Home or Renting It For Max Profit.”
23:26 - Contacting Jason.
24:32 - Jason’s parting advice.
Resources and Links Mentioned:
Airbnb
VRBO
Booking.com
Contact Jason:
By The Beach Properties
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Are you concerned about financial planningfor your future? Bernard Reisz,founder of 401kCheckbook.com and Agent Financial, shares tips on how you can find the right financial products to achieve your goals. Clarifying what Qualified Retirement Plans(QRPs) are and what they aren’t as well as understanding people’s motives when they promote certain productsare key to making solid investment decisions. Bernard also shares some of the complexities between investing in cash-value life insuranceand other investment tools.
SHOW NOTES
0:59 - Introducing Bernard Reisz, founder of 401kCheckbook.com and Agent Financial, and the topic of taking charge of your own investments.
1:51 - Bernard’s background and his views on financial planning and products.
3:34 - Finding the right financial products and examining people’s motives when they promote certain products.
4:35 - Bernard’s anecdote around a particular client story that related to David McKnight’s book, The Power of Zero.
6:25 - Background on The Power of Zero and why it’s useful, but also a promotional item for certain financial products.
7:33 - How all this fits in with tax strategies and some of the general structures.
10:15 - Applying speculation to tax rates and how that can affect investment approaches; examples of how that can play out with different investment vehicles.
14:35 - Additional details on some of these structures and how it plays into Bernard’s example of cash value life insurance.
16:07 - Clarifying what qualified retirement plans (QRPs) are and what they aren’t.
18:47 - More on why some people will only provide information on products that they’re selling themselves.
19:30 - Details on the complexities between investing in life insurance and other investment tools.
21:31 - How Bernard begins analyzing which structures may help his clients the most.
27:07 - Bernard’s advice for selecting a financial advisor and why you don’t always get what you pay for.
31:38 - Why he likes working with real estate brokers and real estate notes.
36:15 - Resources that Bernard recommends for learning more in this area.
40:50 - Contacting Bernard.
Resources and Links Mentioned:
401kCheckbook.com
Agent Financial
Caveat Emptor
The Power of Zero by David McKnight
QRPs
Charles Wheelan
Naked Money by Charles Wheelan
Contact Bernard:
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Mark Price, owner of Sol Realty shares insights about investing in Costa Rica versus investing in the US.
We discuss details of property ownership in Costa Rica, as well as the Costa Rican economy and other factors affecting investment.
Discover the advantages for investing in Costa Rican real estate and why Mark is seeing an influx of real estate investors from the US.
SHOW NOTES
1:08 - Introducing Mark Price, owner of Sol Realty in Costa Rica, and some background on investing opportunities in Costa Rica.
2:40 - Mark’s background and describing Tamarindo, where he lives.
4:22 - How he talks with investors about investing in Costa Rica versus investing in the US.
5:42 - Comparing property ownership and buying to the US.
8:03 - The state of the Costa Rican economy and other factors affecting investment.
10:30 - How Mark is working with Arthur Zwern on their project, Turtles First as well as some of the legal structures they’re using for the project.
15:42 - The environmentally conscious approach for the Turtles First project and how that fits in with Costa Rica’s business model.
18:13 - Advantages for investing in Costa Rican real estate and why some of Mark’s clients are coming down from the US.
19:11 - Contacting Mark.
Resources and Links Mentioned:
Sol Realty
Bank-Free Blueprint #061 with Arthur Zwern
Turtles First (password: here2preview)
World Happiness Report
Contact Arthur:
Phone: +011 (506) 8918-3592
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Getting higher returns on real estate investments is great but what about the benefits we can bring through socially responsible investing? Join me as I speak with Richard Muller, lead architect of the Turtles First beach front vacation villas in Playa Grande, Costa Rica.
SHOW NOTES
1:08 - Welcoming Richard to the show and giving some background on his involvement in the Turtles First project.
2:12 - Information on the project and its environmental orientation.
2:56 - What makes this project and location unique.
3:50 - Describing the buffer area near the project and what considerations they’re taking to help the environment with this project.
6:17 - How the project development started and what else they’re looking to do in order to make it as environmentally friendly as possible.
8:49 - The typical clientele Richard works with and his firm’s specialties.
10:02 - Working with the project all the way through the process and how Richard talks with international investors.
12:50 - Getting in contact with Richard.
Resources and Links Mentioned:
Bank-Free Blueprint #061 with Arthur Zwern
Turtles First (password: here2preview)
Leatherback Turtles
Contact Richard:
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
Damion Lupo shares 3 powerful hacks for improving our discipline to accomplish the things we want in life, and describes how it starts with identifying our mission and purpose. We also discuss why having more money can be a disadvantage in real estate investing, and the importance of making conscious decisions about the people we connect with.
SHOW NOTES
1:00 - Welcoming Damion, the Real Estate Ninja, to the show and sharing some of his background including how he got his nickname.
2:00 - More about his background and why he advocates for building a solid foundation around your why.
4:01 - Advice for getting back to the starting point and identifying your mission or purpose.
5:55 - What Damion’s business model is and how he works with clients.
7:47 - Why having more money can be a disadvantage in investing.
9:35 - 3 powerful things for changing mindsets.
11:59 - The importance of making conscious decisions about the people you connect with and how to connect with the right people by focusing on serving others.
13:56 - Damion’s approach to mentoring people and why he doesn’t do it so much.
14:54 - Background on Damion’s book, The Quick & Dirty Guide To Gold and Silver.
16:44 - More information and some advantages on QRP.
18:15 - More of Damion’s background and how he got into real estate.
20:12 - How discipline factors into his life.
21:54 - Damion’s hack for improving your discipline.
23:31 - Connecting with Damion and getting more information.
24:33 - Damion’s parting advice.
Resources and Links Mentioned:
Damion’s books including The Reinvented Life and The Quick & Dirty Guide To Gold and Silver
Qualified Retirement Plan
Robert Kiyosaki
Fiat money
Download Damion’s QRP report by texting “QRP” to 72000
Buckminster Fuller
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
In this episode, discover the key advantages to investing in self-storageover other types of real estate.Chris Peterson shares his expertise on setting up real estate mastermindsin order to generate business,finding the right opportunity for converting a property, and learning the details of the storage facility business.
SHOW NOTES
1:13 - Welcoming Chris back to the show and some of his background in self-storage development.
4:09 - Background on the events that Chris and Scott put on.
5:59 - How Chris put together his two different kinds of mastermind groups.
8:12 - Key advantages to investing in self-storage over other types of real estate.
12:33 - Details on the two strategies for developing self-storage properties that stuck out to Tom.
15:49 - Why self-storage can mitigate opposition to conversions from surrounding properties.
17:21 - Chris’ recommendation for people who have some of the resources to get started in self-storage investing.
19:38 - Benefits to teaming up and collaborating on projects.
21:54 - Next steps for getting involved in self-storage investing.
24:41 - Resources Chris recommends.
26:18 - Chris’ background in ministry and how that’s helped him develop public speaking skills as well as his advice for connecting with people when speaking to groups.
32:03 - How to learn more about Chris and other opportunities in self-storage.
32:57 - Chris’ last word.
Resources and Links Mentioned:
Robert Kiyosaki
SelfStorageInvesting.com
Opportunity Zones
Lead Your Tribe, Love Your Work by Piyush Patel
Contact Chris:
Email - set up a 30 minute call with Chris
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here
In this episode we discuss how prime real estate is being developedto protect and enhance wildlife next to an internationally acclaimed wildlife sanctuary. Learn why Costa Ricais on the radar of so many international investors, and how you can support the Leatherback Turtle conservation efforts.
Show Notes
1:10 - Welcoming Arthur back to the show and getting some background on one of his current projects in Costa Rica, Turtles First.
3:07 - Arthur’s background and how he got involved with international investing.
5:40 - More information on Turtles First and the business model.
9:31 - What the experience for guests could look like with this project and how they might interact with wildlife.
12:38 - How the project is being developed in order to protect the wildlife and some of the biggest threats to the animals.
16:29 - What the experience for investors could look like.
19:11 - The current status of the project and what the timeline is expected to be.
21:29 - Addressing concerns about execution for projects in Costa Rica.
23:24 - Comparing the industry culture of Costa Rica to smaller markets in the US.
24:26 - Details on the permitting process and building standards.
26:05 - Some of the biggest concerns Arthur has heard from investors and how he’s addressing them as well as rough numbers on the entire project.
29:25 - Other details on standards of living and crime in Costa Rica.
32:48 - How to get more information on the project and other environmental resources.
36:55 - Details on the Turtles First website and Arthur’s advice for overcoming any fear in investing in Costa Rica.
39:39 - How to reach Arthur directly.
40:35 - Arthur’s last words about Costa Rica.
Resources and Links Mentioned:
Turtles First (password: here2preview)
Kensington Fund
Park City, Utah
Arthur’s other Costa Rican property, Casa de Luz
World Happiness Report
Contact Arthur:
Phone: (408) 482-1708
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
Download the Bank Free Blueprint Podcast App here