Share The Wealth Show: Recent Episodes
Nicole P.
Do you believe that life should be more than mediocre? Well, so does Nicole Pendergrass, the host of The Share The Wealth Show, a married mom of two toddlers, who decided to break through the stereotypical mold and build a better life for her family. As an active multifamily investor, her network has made her privy to conversations and information that the masses don’t get to witness. She’s also realized she’s only just scratched the surface. Join Nicole on her investigative journey to unearth and share secret strategies of the wealthy, so that you too can have the tools needed to build an abundant life and create a legacy of generational wealth. Her mission is to help other minorities break free of the golden handcuffs and make the transition from just surviving to thriving.
STWS Ep 110 - In this episode, we’re thrilled to feature the inspiring stories of three remarkable women who have navigated the world of small multifamily investing while balancing professional full-time careers along with a mix of other things such as health issues, being wives and motherhood - just to name a few! They share the triumphs and trials that have defined their paths to financial success.
From securing financing and managing tenants to overcoming self-doubt, their stories are filled with relatable lessons. Their determination and grit carried them through tough moments, proving that the road to building wealth is challenging but rewarding.
Here’s what you’ll learn in this episode:
⭐️ How to balance investing with family and full-time work
⚡️ Strategies for securing financing and managing properties
📈 The importance of overcoming self-doubt
🧱 The power of resilience through challenges
💼 Tips for building cash flow and generational wealth
This episode is both a motivational blueprint for working moms and a testament to the power of investing in small multifamily properties. Tune in to be inspired, gain practical insights, and learn how to build a life filled with security, freedom, and legacy. Don’t miss it! 🚀
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Jillian-Kasha Rexford from Saint Petersburg, Florida, moved to Massachusetts a decade ago. After leaving Brandeis University due to a brain disease diagnosis, she pursued various jobs, including roles at Meta, Amazon, and Microsoft. In 2016, she bought her first multi-family home with an FHA loan and began investing in real estate in 2020. Since marrying in 2021, she and her husband have used the BRRRR method to manage 10 rental units, aiming to expand their portfolio and support their families.
Nikki G Nikki G, a first-generation Virginia Tech graduate with a degree in Industrial and Systems Engineering, has over 20 years in corporate management. A dedicated saver, she used her skills and income to build a multi-million-dollar real estate portfolio that generates six-figure rental income. Nikki shares her journey to inspire others to build wealth and enjoys family time, travel, and motivating others to invest in real estate.
Tiffany Ward is a mother, CrossFit coach, and real estate investor who works as a sales professional at a Fortune 100 company. She started investing at 23 by purchasing and house-hacking a foreclosure in Virginia. In 2019, she moved into multifamily investing, acting as a Key Principal in her first out-of-state deal. Tiffany founded the RVA Multifamily Investor Group in Richmond, Virginia, to educate and empower others about multifamily real estate investments.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Connect with Jillian Rexford!
You can find her on
Company: https://www.linkedin.com/company/rebellion-assets-and-property-llc/
Instagram:https://www.instagram.com/equitable_exchange_consulting/
Linked in: https://www.linkedin.com/in/jillian-kasha-rexford-42494541/
Email: jilliankasha@gmail.com
Connect with Nikki G!
You can find them on
Schedule a Call: https://calendly.com/nikkigconsults
Instagram:dreambig_cashflow
Email: nikki@nikkigconsults.com
Connect with Tiffany Ward!
LinkedIn: https://www.linkedin.com/in/tiffanymward/ Instagram: https://www.instagram.com/wealthwithtiffany/ Website: https://utmostcapitalgroup.com/
__________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
Join our podcast community - The Wealth Exchange Network! https://www.skool.com/the-wealth-exchange-network-9182/about
In today's Flashback Friday episode,we welcome back Carline Cadet Francios as she continues to share her extensive expertise in residential assisted living and exploring the significant topics of investing for seniors and the crucial advice our children need to know to build their own wealth in the future.
Be sure to stay tuned for an enlightening conversation, this episode promises to be an informative and engaging conversation that you won't want to miss!
Carline Cadet Francios is a first-generation Real Estate Investor & ALF Mentor who empowers individuals to open and operate successful Assisted Living Facilities (ALFs). Her ALF owner and operator expertise guides clients in creating profitable and desirable environments. Through education and hard work, Carline helps others achieve generational wealth and make a positive impact. She is also the author of the book "Money Saving: Step by Step Guide on How to Open an Assisted Living Facility from Start to Finish," offering comprehensive insights for aspiring ALF owners.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
Carline’s book and free resources
https://carlinecadetfrancois.com/
________________________________
Key Quotes:
“In business, you're not going to know everything. You learn more as you go. So, if you're waiting to learn as much as you believe you need to learn, you're never going to get started.”
- Carline Cadet Francios
“I do believe being able to have multiple eggs in multiple different baskets is the way to go to build wealth and to leave generational wealth.” - Carline Cadet Francios
Connect with Carline!
You can find her on
Instagram: https://www.instagram.com/carlinecadetfrancois/
Or Visit her website : https://carlinecadetfrancois.com/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Join Our Free Small Multifamily Facebook Group - The Microfamily Initiativehttps://www.facebook.com/share/g/4qnEXuPw51GzKFBz/Join our podcast community - The Wealth Exchange Networkhttps://www.skool.com/the-wealth-exchange-network-9182/about -----------------------------------------------------------Microfamily Millionaire Ep 19In this episode of Microfamily Millionaire, Nicole Pendergrass introduces her C3 Property Profiler—a powerful strategy designed to help you select the right multifamily property without worry or doubt. This episode dives deep into understanding the key elements that make a property a solid investment, particularly if you're just starting or looking to expand your portfolio. Nicole shares actionable steps and insider tips to simplify the property selection process, eliminate guesswork, and give you the confidence to move forward with the right investments. If you've ever felt uncertain or overwhelmed by property analysis, this episode is your roadmap to stress-free decision-making!📧 For our free C3 Property Profiler Bonus Guide, email “property profiler” to sharethewealthshow@gmail.com📧 For more info on how to get one-on-one help on your microfamily journey, email “One-on-One” to sharethewealthshow@gmail.com or visit https://www.microfamilymavericks.com/casestudy---------------------------------------------If you haven’t yet subscribed to our parent podcast Share The Wealth Show, SUBSCRIBE to this channel and LIKE this episode!#RealEstate #Property #AnalysisParalysis #RealEstateInvesting #FinancialFreedom #LifeGoals #MultifamilyMillionaire #value #buildwealth #multifamily #buyrealestate #buymultifamily #investingstrategy #investingforbeginners #investing101 #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship #LikeMinded #LikeMindedCommunity
STWS Ep109: P2 - Join our podcast community - The Wealth Exchange Network! https://www.skool.com/the-wealth-exchange-network-9182/about
In this episode, we’re excited to welcome back Tiffany Ward as she takes us through her journey—from early childhood money lessons to becoming a thriving real estate investor. 🏘️ Tiffany reflects on how her upbringing shaped her money mindset and how she’s now building wealth through creative strategies.
💼 From balancing a W-2 job to transactional lending, Tiffany shares her insights on generating income and preparing for future opportunities. 💰
Here’s what you’ll learn in this episode:
🔑 How to leverage multifamily properties for financial success🤑 Why her 10-unit property deal was a game-changer💡 The importance of reprogramming your “money story”🤝 How to build meaningful relationships in real estate💼 What transactional lending is and how it creates cash flow📈 Tips for risk management and smart investing🧠 How to stay ready for new real estate opportunities
Get ready to be inspired by Tiffany’s relatable approach to financial education and hear how she’s working to bridge the wealth gap through community-building. Tune in now! 🚀
Tiffany Ward is a mother, CrossFit coach, and accomplished real estate investor. By day, she excels as a sales professional at a Fortune 100 company, and by night, she’s building wealth through strategic real estate investments. Tiffany began her real estate journey at 23 when she purchased a foreclosure in Virginia. She moved into the property and house-hacked her way to reducing expenses while increasing her investable capital. In 2019, she transitioned into multifamily investing, successfully participating as a Key Principal in her first out-of-state apartment deal. Passionate about wealth creation, Tiffany founded the RVA Multifamily Investor Group in Richmond, Virginia, where she educates and empowers others to explore the benefits of multifamily real estate investments.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Balancing my W-2 job with real estate investing has been challenging, but it’s about setting clear goals and prioritizing your time effectively. You can build wealth while still maintaining a steady income.” - Tiffany Ward
“The key to successful real estate investing is not just about buying properties; it’s about understanding the numbers and ensuring that each property can sustain itself financially.” - Tiffany Ward
Connect with Tiffany Ward!
LinkedIn: https://www.linkedin.com/in/tiffanymward/ Instagram: https://www.instagram.com/wealthwithtiffany/
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today's Flashback Friday episode,we have the pleasure of introducing Carline Cadet Francios as our guest. She will be sharing her remarkable journey, highlighting her deep passion for her business, and unraveling the concealed strategies that lead to success in the field of Residential Assisted Living.
Join as us we deep dive into the world of Residential Assisted Living, where individuals are not only driven by their passion for caregiving but also seek to attain financial success in the process!
Carline Cadet Francios is a first-generation Real Estate Investor & ALF Mentor who empowers individuals to open and operate successful Assisted Living Facilities (ALFs). Her ALF owner and operator expertise guides clients in creating profitable and desirable environments. Through education and hard work, Carline helps others achieve generational wealth and make a positive impact. She is also the author of the book "Money Saving: Step by Step Guide on How to Open an Assisted Living Facility from Start to Finish," offering comprehensive insights for aspiring ALF owners.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
Carline’s book and free resources
https://carlinecadetfrancois.com/
________________________________
Key Quotes:
“I have this weird thing once I see something that I want and I see how it can impact me, my generation and others, like there's no giving up. There's giving up and leaving it for later because there's obstacles?. That is not in my dictionary and I teach that to my children.”
- Carline Cadet Francios
“ I think sometimes people are petty because they wanna sit back and laugh and see how many times this lady have to send an email or come back. But what they fail to realize is once this lady get what she wants, she gets her freedom and she makes the money that she wants to make. And you're still where you are.” - Carline Cadet Francios
Connect with Carline!
You can find her on
Instagram: https://www.instagram.com/carlinecadetfrancois/
Or Visit her website : https://carlinecadetfrancois.com/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Join Our Free Small Multifamily Facebook Group - The Microfamily Initiativehttps://www.facebook.com/share/g/4qnEXuPw51GzKFBz/Join our podcast community - The Wealth Exchange Networkhttps://www.skool.com/the-wealth-exchange-network-9182/about -----------------------------------------------------------Microfamily Millionaire Ep 18 In this insightful episode, Nicole shares her L3 Market Mapping Framework, designed to help new investors choose the right market for their multifamily investments without getting overwhelmed by data overload. If you’ve ever found yourself stuck in "analysis paralysis" or jumping between markets, trying to find the best deal, this episode is for you!Nicole breaks down a simple three-step framework—Likeability, Logistics, and Longevity—that will help you focus on what matters most when picking a market that fits your personal goals and investment strategy. No more staring at endless charts and graphs or getting bogged down by data; this method helps you get moving and start analyzing properties faster!Listen in to learn why it’s important to choose ONE market to dive into and how you can build expertise and grow your portfolio strategically. Plus, Nicole offers a free bonus guide to help you take action right away.Don’t miss this episode if you’re serious about multifamily investing and want to simplify your market selection process!📧 For our free L3 Market Mapping Roadmap, email “market map” to sharethewealthshow@gmail.com📧 For more info on how to get one-on-one help on your microfamily journey, email “One-on-One” to sharethewealthshow@gmail.com or visit https://www.microfamilymavericks.com/casestudy---------------------------------------------If you haven’t yet subscribed to our parent podcast Share The Wealth Show, SUBSCRIBE to this channel and LIKE this episode!#RealEstateMarket #Markets #MarketResearch #MarketAnalysis #AnalysisParalysis #MarketData #RealEstateInvesting #FinancialFreedom #LifeGoals #MultifamilyMillionaire #value #buildwealth #multifamily #buyrealestate #buymultifamily #investingstrategy #investingforbeginners #investing101 #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship #LikeMinded #LikeMindedCommunity
STWS Ep 108: P1 -
Join our podcast community - The Wealth Exchange Network! https://www.skool.com/the-wealth-exchange-network-9182/about
In this episode of the Share the Wealth Show, join us as Tiffany Ward reveals why duplexes are outperforming multifamily syndications when it comes to cash flow. Tiffany shares how she strategically balances her W-2 job with real estate investing and explains the power of duplexes for consistent monthly income.
Here’s what you'll learn:🏡 Forget multifamily syndications: Why duplexes are her top cash flow assets💰 Immediate vs. delayed returns: Get paid every month versus waiting for years with syndications🔑 Airbnb vs. long-term rentals: How one short-term rental boosts her profits📊 High-interest markets don’t stop her: Cash flowing with rates around 8.4%⚒️ Value-add strategies that work: Simple renovations that bring in $1,000/month per unit💼 Private vs. hard money lending: How she leverages these tools to close deals
Tune in to this episode to discover how Tiffany makes duplexes her secret cash flow hack—and how you can too! 🎧
Tiffany Ward is a mother, CrossFit coach, and accomplished real estate investor. By day, she excels as a sales professional at a Fortune 100 company, and by night, she’s building wealth through strategic real estate investments. Tiffany began her real estate journey at 23 when she purchased a foreclosure in Virginia. She moved into the property and house-hacked her way to reducing expenses while increasing her investable capital. In 2019, she transitioned into multifamily investing, successfully participating as a Key Principal in her first out-of-state apartment deal. Passionate about wealth creation, Tiffany founded the RVA Multifamily Investor Group in Richmond, Virginia, where she educates and empowers others to explore the benefits of multifamily real estate investments.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Multifamily is a long-term game. You don't see real money until you refinance or sell, but with duplexes, the cash flow keeps you going month to month.” - Tiffany Ward
“The more doors you have, the easier it is to spread income across tenants. That’s why I love duplexes—they cash flow better and faster than my multifamily investments.” - Tiffany Ward
Connect with Tiffany Ward!
LinkedIn: https://www.linkedin.com/in/tiffanymward/ Instagram: https://www.instagram.com/wealthwithtiffany/
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Welcome back to the Share the Wealth Show! In today's Flashback Friday episode, we welcome back Avriel DuVerney as she continues to impart her invaluable insights. In this conversation, we will unravel the secrets behind successful property rehab projects, where precision in selecting contractors meets the art of fostering unwavering loyalty within your construction team.
Property rehabbing isn't merely about transforming structures; it's a harmonious blend of vetting the right professionals to do the job and ensuring they are committed to the project's success. These two pillars, contractor vetting, and building team loyalty, are the cornerstones of thriving in the competitive world of property rehabilitation.
Join us as we explore the intricacies of these essential practices that will empower you to rehab like a true boss!
Avriel DuVerney is the real estate visionary on the path to redefine generational wealth for investors. As a 20-year veteran, now highly recognized real estate investor, Avriel owns Stone 2 Stone Solutions, Inc., a real estate business solutions and property management agency that specializes in driving revenue growth and increasing market share through strategic analysis, partnerships, acquisition/retention, and cost development.
On a mission to make real estate investing accessible to all, Avriel is leading the way in providing top tier education and coaching to new and rising investors. With her own fast-growing portfolio of properties, Avriel to date has been influential in securing and flipping over $2.6M in real estate. As the Conference host and the investing guru behind the new real estate investing course, Sidelines to Success – she will personally teach, coach, and support the new generation of real estate investors.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Wealth means the freedom to be able to do what I want to do. Wealth is not just the monetary side of it, but wealth is time and freedom.” - Avriel DuVerney
“I do think that diversification is important. I'm always trying to find something to diversify my portfolio, but I wanna make sure that they all make sense and they all can co-mingle together.” - Avriel DuVerney
Connect with Avriel!
You can find her on
Linkedin https://www.linkedin.com/in/avrielduverney/
Facebook https://www.facebook.com/avriel.duverney
Instagram https://instagram.com/avriel4ev
Or Visit her website :https://s2ssolutionsinc.com/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Want to buy your first small multifamily? Need one-on-one help? Learn how here https://www.microfamilymavericks.com/casestudy Microfamily Millionaire Ep 17In this episode, Nicole opens up about her very first house hack — a three-unit multifamily property in the Bronx that she refers to as the "unsuccess story" that ultimately changed her investment career. While this deal had many bumps, from financing issues to unexpected repairs, it became a foundational learning experience that set her up for future success. Tune in as she shares 5 key lessons learned from this deal that will help you avoid making the same mistakes on your own multifamily journey.If you haven’t yet subscribed to our parent podcast Share The Wealth Show, SUBSCRIBE to this channel and LIKE this episode!________________________________Join our podcast community and learn the wealth building strategies we talk about in the show!https://www.skool.com/the-wealth-exchange-network-9182/about #HouseHack #HouseHacking #RealEstateInvesting #FinancialFreedom #LifeGoals #MultifamilyMillionaire #value #buildwealth #multifamily #buyrealestate #buymultifamily #investingstrategy #investingforbeginners #investing101 #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship
EP 106: P2 - In this episode of the Share the Wealth Show, we welcome back the power couple 💼✨, Candice and Corey Muldrow as they dive into the current real estate market 🏡📊. Whether you're a small or large investor, they share valuable insights on raising capital 💰 and building effective partnerships 🤝.Don’t miss this episode packed with inspiration and actionable strategies! 🚀Candice and Corey, the dynamic duo behind M Group Capital, have transformed underperforming assets and vertically integrated property management. Candice excels in marketing and operations, while Corey focuses on financial analysis and strategy. Candice, with a background in media and corporate leadership, retired from corporate America in 2019 and now oversees the property management arm of M Group Capital. Corey, the CEO of M Group Capital, is an active member of the Texas and National Apartment Associations, holding a CAPS designation. Together, they lead a growing real estate portfolio that’s improving resident experiences and achieving award-winning results.________________________________Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy Check out our podcast website!Thesharethewealthshow.com Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv ________________________________Connect with Candice and Corey!You can find them on:Company: https://www.mgroupcapital.comCandice LinkedIn: https://www.linkedin.com/in/candicemuldrow/ Corey LinkedIn: https://www.linkedin.com/in/coreymuldrow/ ___________________________________________Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikkior Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Welcome back to the Share the Wealth Show! In today's Flashback Friday episode, we have the privilege of sitting down with Avriel DuVerney an incredible entrepreneur whose journey is incredibly inspiring. Join us as we delve into the life and accomplishments of a remarkable Black woman rehabber who has not only broken barriers but also built a flourishing business in a male-dominated industry.
Avriel DuVerney is the real estate visionary on the path to redefine generational wealth for investors. As a 20-year veteran, now highly recognized real estate investor, Avriel owns Stone 2 Stone Solutions, Inc., a real estate business solutions and property management agency that specializes in driving revenue growth and increasing market share through strategic analysis, partnerships, acquisition/retention, and cost development.
On a mission to make real estate investing accessible to all, Avriel is leading the way in providing top tier education and coaching to new and rising investors. With her own fast-growing portfolio of properties, Avriel to date has been influential in securing and flipping over $2.6M in real estate. As the Conference host and the investing guru behind the new real estate investing course, Sidelines to Success – she will personally teach, coach, and support the new generation of real estate investors.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Regardless to what life gives you and life may knock you down a couple of times, you still just get back up because as you go through real estate it's gonna be something that you're gonna have to endure, if you wanna stay in this game, because real estate is tough, entrepreneurship is tough.” - Avriel DuVerney
“I say to anyone that's going out here and you really and truly don't know, I'm telling you, you need to get a coach, you need to get a mentor, so, you don't make the same mistakes that some of us have already made.” - Avriel DuVerney
Connect with Avriel!
You can find her on
Linkedin https://www.linkedin.com/in/avrielduverney/
Facebook https://www.facebook.com/avriel.duverney
Instagram https://instagram.com/avriel4ev
Or Visit her website :https://s2ssolutionsinc.com/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Microfamily Millionaire Ep 16In this episode, Nicole dives deep into the often-skipped but critical step of aligning your life goals with your multifamily real estate journey. 🏘️✨ She breaks down how thinking like a child—dreaming big and saying "How can I?" instead of "I can’t"—can unlock opportunities you may not have considered. Learn why multifamily investing is more than just cash flow—it's a way to build the lifestyle you've always wanted! 🌟Whether you're just starting out or scaling up, don't miss this episode if you want to create a roadmap that fits YOUR life! Tune in for inspiration, real-world advice, and strategies for achieving freedom through real estate. 🎧If you haven’t yet subscribed to our parent podcast Share The Wealth Show, SUBSCRIBE to this channel and LIKE this episode!________________________________Join our podcast community and learn the wealth building strategies we talk about in the show!https://www.skool.com/the-wealth-exchange-network-9182/about Interested specifically in buying small multifamily? Need help buying your first one??? Learn more about private one-on-one mentorship here! https://www.microfamilymavericks.com/casestudy
RealEstateInvesting #FinancialFreedom #GoalSetting #LifeGoals #MultifamilyMillionaire #value #buildwealth #multifamilyacquisitions #buyrealestate #multifamily #investingstrategy #investingforbeginners #investing101 #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship
Ep 106 P1 - Join our podcast community - The Wealth Exchange Network! https://www.skool.com/the-wealth-exchange-network-9182/about
In this episode of the Share the Wealth Show, we welcome Candice and Corey Muldrow, founders of M Group Capital, as they share their journey from buying their first investment property 🏡 while planning their wedding 💍 to scaling from single-family homes to multifamily investments.
Learn how a mentorship group boosted their success 📈, how they tackled the challenges of raising capital 💰, and why they decided to bring property management in-house.
Tune in to hear how they gained confidence and financial freedom! 🔥
Candice and Corey, the dynamic duo behind M Group Capital, have transformed underperforming assets and vertically integrated property management. Candice excels in marketing and operations, while Corey focuses on financial analysis and strategy. Candice, with a background in media and corporate leadership, retired from corporate America in 2019 and now oversees the property management arm of M Group Capital. Corey, the CEO of M Group Capital, is an active member of the Texas and National Apartment Associations, holding a CAPS designation. Together, they lead a growing real estate portfolio that’s improving resident experiences and achieving award-winning results________________________________Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy Check out our podcast website!Thesharethewealthshow.com Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv ________________________________
Connect with Candice and Corey!You can find them on:Company: https://www.mgroupcapital.comCandice LinkedIn: https://www.linkedin.com/in/candicemuldrow/ Corey LinkedIn: https://www.linkedin.com/in/coreymuldrow/
___________________________________________Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikkior Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Welcome back to another Flashback Friday edition of the Share the Wealth Show! In today's episode marking the show's return after a period of hiatus, Nicole is eager to divulge captivating updates. Despite the show's temporary absence, Nicole's enthusiasm remains undiminished as she shares these exciting developments. Furthermore, she takes a deep dive into the concept of bootstrapping wealth - an approach that involves starting with minimal resources and gradually growing them.
Through her insights, Nicole aims to ignite a fresh perspective on wealth-building, encouraging you to view it through a novel lens. Her goal is to inspire you to unlock your inner Wealthpreneur, a term she uses to embody the spirit of an entrepreneur focused on creating and nurturing wealth.
Get ready to unleash your inner Wealthpreneur as Nicole inspires you on this journey!Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth.
Don't miss out on this incredible opportunity to unleash clarity and purpose in your life. Let Nicole's guidance and wisdom empower you to unlock your true potential!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy Check out our podcast website!Thesharethewealthshow.com Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“If we're starting from very little or nothing, and we're trying to build wealth, with wealthpreneurs,
we can make it happen. Right? It's not impossible. It might seem daunting, but it's definitely doable and we can do it..” - Nicole Pendergrass
“If you think about it, like an entrepreneur at its core is someone who dares to dream beyond the ordinary and who takes risks and turns their ideas into reality.” - Nicole Pendergrass
“It's not just about starting a business, It's ultimately more about embracing a mindset that propels you forward, especially in the face of obstacles.” - Nicole Pendergrass
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Join our podcast community - The Wealth Exchange Network! https://www.skool.com/the-wealth-exchange-network-9182/aboutMicrofamily Millionaire Ep 15In this insightful episode, Nicole dives deep into the often misunderstood metric of success in real estate investing—unit count. She questions whether boasting a large number of apartment units truly equates to financial freedom and success.
Sharing her personal experiences as a general partner on multiple syndication deals, she sheds light on the reality behind unit ownership and why cash flow should be the ultimate goal.
Tune in as Nicole unpacks common misconceptions about real estate syndications and highlights key strategies for aligning your multifamily investments with your lifestyle goals. Discover why quality—and not just quantity—can lead to sustainable, long-term success.
If you haven’t yet subscribed to our parent podcast Share The Wealth Show, SUBSCRIBE to this channel and LIKE this episode!
________________________________
Join our podcast wealth building community!
https://www.skool.com/the-wealth-exchange-network-9182/about
Need getting one-on-one mentorship to buy your first small multifamily apartment building???
Learn more here!
https://www.microfamilymavericks.com/casestudy
biggerisbetter #smallerisbetter #qualityoverquantity #smallmultifamily #syndication #value #buildwealth #multifamilyacquisitions #buyrealestate #multifamily #investingstrategy #investingforbeginners #investing101 #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship
EP 105 - Join our podcast community - The Wealth Exchange Network! https://www.skool.com/the-wealth-exchange-network-9182/aboutIn this episode of the Share the Wealth Show, we’re excited to welcome back Jillian Rexford, a seasoned real estate investor with an impressive portfolio. Jillian continues to share her inspiring journey as an entrepreneur and real estate investor, taking us through her path from her initial steps in the real estate world to the significant achievements she enjoys today.Jillian shared her insightful perspectives on:💼Strategic Planning: Emphasizes careful planning and calculated risk-taking in investments.💰Financial Knowledge: Stresses the importance of understanding financial tools like HELOCs and hard money loans.📍Location Matters: Highlights the significance of property location and awareness of local regulations.🛠️Challenges Faced: Navigates issues like difficult tenants and complex property management.🌍 Advocates for Diversity: Supports diversification and maintaining affordable housing while ensuring cash flow.✊🏿 Unique Challenges: Addresses stereotypes and misconceptions faced by Black women in real estate.🎯 Encourages Perseverance: Urges others to pursue investment goals with persistence and to learn from their experiences.Discover how to navigate the real estate market with confidence through expert advice on minimizing risks, maximizing returns, and achieving financial success.Jillian-Kasha Rexford is originally from saint petersburg florida, with primary residence the past 10 years in Massachusetts. She attended Brandeis University and left her junior year after being diagnosed with a lifelong brain disease. She has always hustled, watching her single mom build herself up all her life after her father began a life sentence. Prior to owning she rented apartments and then charged by the room to live rent free. She did what she could where she was and with what she had. Career wise and she has worked in the Tech space for the last few years at giants like Facebook (Meta), Amazon and Microsoft. Prior to that she has been in many trades from non profit to insurance and even caregiving. In 2016 she purchased her first FHA multiple family in Massachusetts. In 2020 she began to explore real estate investing as a long term lifestyle change. Married in 2021, her husband and she, self taught, took some risk and gambled on their FHA loan refinancing into hard money, using the equity to start the BRRRR method. Currently with 10 doors, they have made great progress but have so much room to grow. They have big goals because they both are providers in their family and lots of people depend on them. They were both raised by strong single mothers and they also seek to provide early retirement for them as well. YouTube, Google, trial and error has been her teacher thus far and she is ready to take investments to the next level. _______Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy Check out our podcast website!Thesharethewealthshow.com Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv
_____Key Quotes:“Don't diversify just because somebody is doing that. Make sure you have key market information tailored to your own situation to do so..” - Jillian Rexford Connect with Jillian Rexford!You can find her onCompany: https://www.linkedin.com/company/rebellion-assets-and-property-llc/Instagram:https://www.instagram.com/equitable_exchange_consulting/Linked in: https://www.linkedin.com/in/jillian-kasha-rexford-42494541/Email: jilliankasha@gmail.com_______Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikkior Visit her website https://noirvestholdings.com
Today's Flashback Friday Episode, join Nicole in this captivating solo episode of the Share The Wealth Show, where she delves deep into the core principles of Vivid Vision. Get ready to confront your fears head-on and unlock your true potential as she guides you through a transformative journey. She will:
🔥help you define your core values, unlock your unique strengths, and align your actions with your envisioned future. By diving into these crucial steps, you will gain a clear understanding of what truly matters to you and how to make it a reality.
🔥unravel the secrets behind creating a vivid mental picture of your desired future. She will guide you through the process of crafting a detailed and vibrant vision that becomes a powerful catalyst for personal growth and achievement.
🔥share her own real-life experiences, allowing you to gain valuable insights from her personal journey. You'll also get an exclusive sneak peek into her plans for the future, inspiring you to dream big and envision what lies ahead.
Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments.
She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth.
Don't miss out on this incredible opportunity to unleash clarity and purpose in your life. Let Nicole's guidance and wisdom empower you to unlock your true potential!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy Check out our podcast website!Thesharethewealthshow.com Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Greatness lies just beyond your comfort zone, the vision that you hold in your heart, that burning desire to create something extraordinary is there for a reason.” - Nicole Pendergrass
“The only way that you can grow is to get uncomfortable.” - Nicole Pendergrass
“You can't do everything by yourself, success is teamwork.” - Nicole Pendergrass
“Vivid vision really encapsulates your aspirations, your values, the impact you want to make in the world.” - Nicole Pendergrass
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Microfamily Millionaire Ep 14In this eye-opening episode, Nicole shares the heart-wrenching story of walking away from her first multifamily deal after the appraisal came in $30k below the contract price. Find out the shocking lessons she learned from this experience and why sometimes the best investment decision is knowing when to walk away. Listen in to discover how resilience and wise investing saved her from making a costly mistake!If you haven't yet subscribed to our parent podcast Share The Wealth Show, SUBSCRIBE to this podcast so you'll get notification of new episodes!________________________________Interested in getting one-on-one mentorship to buy your first small multifamily apartment building???Learn more here!https://www.microfamilymavericks.com/casestudyCheck out our podcast website!www.Thesharethewealthshow.com #sidedeals #appreciation #value #buildwealth #multifamilyacquisitions #buyrealestate #multifamily #investingstrategy #investingforbeginners #investing101 #smallmultifamily #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship
EP 104 - In this episode of the Share the Wealth Show, join us as Jillian Rexford shares her inspiring journey as an entrepreneur and real estate investor. She'll walk us through her path, from her first steps in real estate to her impressive accomplishments today. Learn how she used house hacking to turn her first apartment purchase into a thriving portfolio of properties. Jillian offered her valuable perspectives on:💼Embrace entrepreneurship: Jillian never found satisfaction in traditional jobs 🏡Start small and grow: Began with an FHA loan for a multifamily property 🏢Leverage hard work and research: Expanded aggressively, owning 10 doors in two years 🛠️Be willing to take risks: Made short-term sacrifices, like living in properties during renovations 🌴Find your niche: Focused on multifamily properties and high-end areas 🎯Stay committed to long-term goals: Despite initial challenges, remained dedicated to her vision 🌱Be comfortable with discomfort: Embraced challenging situations as opportunities for growth Don't miss this episode packed with tips on risk-taking, resourcefulness, and building wealth through smart investments. 💰Originally from St Petersburg FL, Jillian lived in MA for 10 years. She attended Brandeis University but left her Jr year after being diagnosed with a lifelong brain disease. She has always hustled, watching her single mom build herself up all her life after her father began a life sentence. Prior to owning, she rented apartments and then charged by the room to live rent free. She did what she could, where she was, and with what she had. She's worked in Tech for a few years at giants like Facebook, Amazon and Microsoft. Prior to that she was in trades from non profit to insurance and even caregiving. In 2016 she purchased her first FHA multiple family in Massachusetts. In 2020 she began to explore real estate investing as a long term lifestyle change. Married in 2021, she and her husband took some risk and let go of their low FHA interest rate by refinancing and using the equity to buy more investments. Currently with 10 doors, they have made great progress but have so much room to grow. YouTube, Google, trial and error has been her teacher thus far and she is ready to take investments to the next level. Jillian believes in manifestation and wrote her businesses mission statement before they had anything. She is in her mid 30s, is a southern soul and loves cooking, music and spending time near the water. ________________________________Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy Check out our podcast website!Thesharethewealthshow.com _______________________________Key Quotes:“It broke me too, but I got up.” - Jillian Rexford“If you sit through it, get to the other side and say what's next? A lot of the time most of the things that we're looking for, to build and move forward, they're already inside of us… They just have to be brought out.” - Jillian Rexford Connect with Jillian Rexford!You can find her onCompany: https://www.linkedin.com/company/rebellion-assets-and-property-llc/Instagram:https://www.instagram.com/equitable_exchange_consulting/Linked in: https://www.linkedin.com/in/jillian-kasha-rexford-42494541/Email: jilliankasha@gmail.com___________________________________________Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikkior Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
You can listen to previous episodes of Share the Wealth Show here:https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Microfamily Millionaire Ep13
Ready to unlock the ultimate strategy to build your dream lifestyle through real estate? There’s a key method that flips the traditional real estate investing approach of focusing on cash flow. In this episode Nicole reveals a powerful strategy that uses finding properties with hidden potential and transforming them into wealth-generating assets.
But there’s a catch: The secret to real wealth isn’t cash flow
Listen to the whole episode to uncover the strategy that could make all the difference in how quickly you build your portfolio and accelerate your success!
If you haven't yet subscribed to our parent podcast Share The Wealth Show
SUBSCRIBE to this channel and LIKE this episode!
________________________________
Interested in getting one-on-one mentorship to buy your first small multifamily apartment building???
Learn more here!
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
www.Thesharethewealthshow.com
appreciation #valueadd #buildwealth #multifamilyacquisitions #buyrealestate #multifamily #investingstrategy #investingforbeginners #investing101 #smallmultifamily #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship
EP 103 - We're thrilled to have Donnise Webb back on The Share the Wealth Show! Hear Donnise's insights on transforming lives through her rental model.
Donnise offered her valuable perspectives on:
👮♀️Tenant screening: Tenants must be able to afford rent and living expenses, pass criminal background checks for safety but no credit checks.
🔑Operational model: Furnished rooms, utilities included, cameras, keypad entry.
💡Overcoming challenges: Addressed how she solved high utility bills
📈Investment philosophy: Diversification and providing affordable housing while making a profit.
Join us as we explore the profitable world of group homes! 🎧
Donnise Webb is an attorney, entrepreneur and real estate investor. As the owner of Dee Webb Property Solutions, Donnise’s diverse real estate portfolio includes: traditional rentals, affordable shared housing for young women in South Florida, and midterm rentals for traveling professionals and temporarily displaced families. Donnise is also an experienced investor in multi-million-dollar real estate syndications in the United States and Mexico. She is a founding member of Black Wealth Consortium, which serves to educate and empower individuals on a variety of investment strategies to diversify their financial portfolios and build generational wealth. Donnise is a wife, mother, and proud grandmother of 4.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Wealth means security. It means being able to live comfortably and live happily without having to worry about the finances..” - Donnise Webb
Connect with Donnise Webb!
You can find her on
Website: https://bwcassetpreneur.com/
Instagram:https://www.instagram.com/donnisewebb/
YouTube:https://www.youtube.com/@DonniseWebb
Linked in: linkedin.com/in/donnise-webb-esq-a5417b7
Email: deewebbpropertysolutions@gmail.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today’s flashback Friday episode of the Share the Wealth Show, we welcome back Savannah D’Orazio as she continues to provide valuable insights and visionary perspectives on the sensitive topic of vaginal health. We discuss the difficult journey of sourcing venture capital for entrepreneurs of color, using vending machines as an unlikely distribution model, and her contribution in creating the future of women's wealth below the waist!
Savannah D'Orazio aka Sav Works is a financial coach and educator who is passionate about helping individuals and families build wealth and achieve financial freedom. With years of experience in business, Savannah has developed expertise in strategic planning, investing, and more. She believes that financial education is a critical tool for empowering people to take control of their financial futures and achieve their goals. Through the Generational Wealth Works 30 day Wealth Building Jumpstart Program, Savannah and her partner Chris help clients to navigate the complex world of personal finance and support their journey to build generational wealth for themselves and future generations.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilyvalue
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Question from the previous guest:
Clive's question: In what quarter will interest rates start to decrease?
Savannah's answer: There's a chance that interest rates might go down again in the summer, but I think they'll be lowest next during Q1 of 2024. Some experts think that the government will keep interest rates low to help the economy grow and recover but that is not promised! It's important to remember that things can change quickly, so it's a good idea to evaluate your investment so the interest rate feels less relevant to the decision before making any big commitments.
Key Quotes:
You have to have the spirit and the willingness to think bigger.- Savannah D'Orazio
“Find what that is for you and then go big, do it all the way, commit, and live your best life.” - Savannah D'Orazio
Diversification, whether it's actually in your portfolio or if it's in your life, is critical.
That's why I think it's important to always read things that you disagree with, and if you don't do that, that's how you're protecting your ignorance. - Savannah D'Orazio
We have to diversify in everything, in what we read and what we consume, and who we're around. - Savannah D'Orazio
Resources mentioned:
The Power of Zero https://www.amazon.com/gp/product/1984823078/ref=sw_img_1?smid=ATVPDKIKX0DER&psc=1
Connect with Savannah!
Website - http://www.generationalwealthworks.com/
Youtube - https://www.youtube.com/@the_works
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Microfamily Millionaire Ep 12
Tune in as Nicole turns a common misconception about using business credit for real estate purchases inside out!
The different types of business credit are often confused with each other, leading to a lot of potential investors sitting on the sidelines thinking they need to do something they DON'T in order to get access to business credit to buy property.
Listen to the FULL episode so you can understand where to spend your time wisely.
The Tier 1 tradeline Nicole forgot during the recording - Uline
If you haven't yet subscribed to our parent podcast Share The Wealth ShowSUBSCRIBE to this channel and LIKE this episode!
________________________________
Interested in investing in small multifamily?
Learn more here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
www.Thesharethewealthshow.com
businesscredit #tradelines #buildcredit #multifamilyacquisitions #buyrealestate #multifamily #investingstrategy #investingforbeginners #investing101 #smallmultifamily #millionaire #newinvestor #investor #invest #growwealth #realestate #realestateinvestment #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship
EP 102 - In this Share the Wealth Show episode, we are excited to welcome Donnise Webb, an attorney, entrepreneur, and real estate investor. Donnise recounts her inspiring journey, from her beginnings in real estate investing to her current success.
Key points from her discussion include:
🏡 Diverse Real Estate Portfolio: Includes traditional rentals, affordable housing, group homes, midterm rentals, and syndications.
👩⚖️ Corporate Attorney: Balances real estate with a legal career.
🚀 Real Estate Journey: Started after finding restaurant franchises were not passive income.
💼 Investment Strategies: Began with tax lien/deed investing, moved to syndications.
🏘️ Group Home Project: Transformed a Miami home into supportive housing for young women.
📚 Education and Networking: Key to building wealth and achieving financial freedom.
💡 Strategic Investing: Essential for financial independence.
Get ready to boost your wealth mindset by tuning in with us! 🎧
Donnise Webb is an attorney, entrepreneur and real estate investor. As the owner of Dee Webb Property Solutions, Donnise’s diverse real estate portfolio includes: traditional rentals, affordable shared housing for young women in South Florida, and midterm rentals for traveling professionals and temporarily displaced families. Donnise is also an experienced investor in multi-million-dollar real estate syndications in the United States and Mexico. She is a founding member of Black Wealth Consortium, which serves to educate and empower individuals on a variety of investment strategies to diversify their financial portfolios and build generational wealth. Donnise is a wife, mother, and proud grandmother of 4.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Having just a job is not going to get you to the point of financial freedom. You really need to have your own business, your own side hustle.” - Donnise Webb
Connect with Donnise Webb!
You can find her on
Website: https://bwcassetpreneur.com/
Instagram:https://www.instagram.com/donnisewebb/
YouTube:https://www.youtube.com/@DonniseWebb
Linked in: linkedin.com/in/donnise-webb-esq-a5417b7
Email: deewebbpropertysolutions@gmail.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
Welcome to another exciting flashback Friday episode of the Share The Wealth Show!". Today, we are thrilled to have Savannah D'Orazio join us once again as she delves deeper into the captivating world of artificial intelligence (AI). Savannah brings a wealth of knowledge and experience to the table and will guide us through the intricacies of ChatGPT, and its profound impact on wealth creation.💸
She will uncover the secrets 🔓 behind ChatGPT's remarkable ability to empower individuals on their journey towards building wealth. Savannah will enlighten us about the groundbreaking potential of this AI technology, revealing how it can offer invaluable insights, strategies, and solutions that have the ability to optimize investment returns and drive entrepreneurial success.
Savannah D'Orazio aka Sav Works is a financial coach and educator who is passionate about helping individuals and families build wealth and achieve financial freedom. With years of experience in business, Savannah has developed expertise in strategic planning, investing, and more. She believes that financial education is a critical tool for empowering people to take control of their financial futures and achieve their goals. Through the Generational Wealth Works 30-day Wealth Building Jumpstart Program, Savannah and her partner Chris help clients to navigate the complex world of personal finance and support their journey to build generational wealth for themselves and future generations.
Join us as we unravel the immense power of ChatGPT in empowering wealth building and get ready to unlock a world of possibilities and gain a fresh perspective on how AI can revolutionize your financial aspirations.!🔥
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“I don't think that you can get everything from a machine, but you can certainly enhance what you're doing with that” - Savannah D'Orazio.
“I don't have to make money the root of all evil. I can accept that my choices will lend themselves to the type of lifestyle that I want to live and if that's in my purpose, and if that is to serve others. Like, serious issues in society. Then, I have to authentically step into that.
- Savannah D'Orazio.
“We have to understand and accept that people do not derive fulfillment for money.
I know what money can do for me, and I know what money will never do for me.” - Savannah D'Orazio.
Connect with Savannah!
Website - http://www.generationalwealthworks.com/
Youtube - https://www.youtube.com/@the_works
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Microfamily Millionaire Ep 11
Tune in to this revealing episode as Nicole uncovers the truth that's been hidden from people looking to start investing in multifamily looking for cashflow and financial freedom. Vets in the multifamily syndication space know this - but some shady characters choose to hide this fact to sell their courses.
Take out your note pad as Nicole pulls back the curtain to debunk this common misconception about multifamily cashflow!
If you haven't yet subscribed to our parent podcast Share The Wealth Show, subscribe to this channel!
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here: https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
EP 101 - We're thrilled to welcome back Eddie Symmonett for another insightful episode of The Share the Wealth Show! 🌟 Eddie has an incredible journey in real estate, from successfully managing properties to adapting investment strategies and scaling up his portfolio. 🏠📈
In this episode, Eddie will share more about:
🛠️ His hands-on approach to property management
📊 Investment strategies tailored to individual goals
🎯 Insights on navigating market shifts and scaling operations
📅 His ambitious goal of managing 1,500 units in 5-10 years
🤝 The importance of networking and continuous learning
🎧 Make sure you catch Eddie's valuable tips and experiences. Tune in and elevate your real estate strategies to new heights! 🚀
Eddie Symmonett has been active in real estate since 2016 when he started interning, reading and researching everything he could on real estate investing. He comes from a family that has a background of successful Real Estate Investments overseas in Nassau, Bahamas. In 2017 he purchased his first duplex and four-unit apartment investments. In 2018, The year after he purchased a 32 and 75-unit apartment as a Limited Partner. In 2019 he purchased a 36-unit apartment complex as the sole- owner/operator and successfully exited the deal in 2023 with a 2.33X Return on Investment through the implementation of his investment strategies. From October 2021 to 2023 Eddie has syndicated two apartment complexes totaling 88 units and was featured on the front page of the Birmingham Business Journal where he was interviewed about the closings, Pearl at Sun Valley and Don Beri apartments.
As the President of Symmonett Management, a Property Management Company based in Birmingham Alabama, Eddie currently has 4 employees. Symmonett Management currently manages all of Symmonett Multifamily's holdings which is currently 90 units.Eddie Graduated College in Fall of 2017 and holds a Bachelor of Science in Business Administration/Accounting(Cum Laude) From Stillman College, Tuscaloosa Alabama.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Any real estate is better than no real estate.”
“If you're waiting a lot of times, that kind of puts you in a situation where you're more reluctant to actually do the thing.”
“Real estate is a vehicle of wealth.”
- Eddie Symmonett
Connect with Eddie Symmonnet!
You can find him on
Website: Eddie Symmonett's Card (hihello.me)
Instagram: eddiesymmonett
LinkedIn: Eddie Symmonett | LinkedIn
YouTube: Eddie Symmonett - YouTube
Email: esymmonett@gmail.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In today's Flashback Friday Episode , Savannah D'Orazio talks about the systemic barriers that have prevented many individuals and communities from achieving financial success. She also shares her insights on how one can overcome these obstacles by acquiring the necessary skills to navigate the system and leverage it to their advantage, ultimately creating a brighter future for oneself and establishing generational wealth for their family.
Savannah D'Orazio aka Sav Works is a financial coach and educator who is passionate about helping individuals and families build wealth and achieve financial freedom. With years of experience in business, Savannah has developed expertise in strategic planning, investing, and more. She believes that financial education is a critical tool for empowering people to take control of their financial futures and achieve their goals. Through the Generational Wealth Works 30 day Wealth Building Jumpstart Program, Savannah and her partner Chris help clients to navigate the complex world of personal finance and support their journey to build generational wealth for themselves and future generations.
So sit back, grab a pen and paper, and join us as we explore how to turn the tables on a system that was built to hold you back.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://www.microfamilymavericks.com/casestudy
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“It's important to step outside of that fear and outside of those what I think are just like emotional blocks, and really step into understanding, if this is how the system operates, how can I use that to ultimately, still meet my goals." - Savannah D'Orazio
“Generational wealth is one’s ability to accumulate resources that last them or the people that they care for longer than one generation. It’s about originating and adding value in a way that can sustain you,” - Savannah D'Orazio
Question from the previous guest:
Clive's question: In what quarter will interest rates start to decrease?
Savannah's answer: There's a chance that interest rates might go down again in the summer, but I think they'll be lowest next during Q1 of 2024. Some experts think that the government will keep interest rates low to help the economy grow and recover but that is not promised! It's important to remember that things can change quickly, so it's a good idea to evaluate your investment so the interest rate feels less relevant to the decision before making any big commitments.
Resources mentioned:
The Power of Zero
https://www.amazon.com/gp/product/1984823078/ref=sw_img_1?smid=ATVPDKIKX0DER&psc=1
Connect with Savannah!
Website - http://www.generationalwealthworks.com/
Youtube - https://www.youtube.com/@the_works
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
EP 100 - The Share Wealth Show is celebrating its 100th Episode! 🎉 🥂
Let’s join in celebrating with Nicole Pendergrass as she embarks on this milestone! In this episode, she highlights the importance of resilience in achieving any goal, especially wealth building. She also acknowledges the high failure rate of podcasts and shares personal setbacks faced in the past year, including family health issues, business troubles, and market downturns.
The episode dives into what resilience is and offers practical strategies to develop it, such as:
💪🏾 Embracing a growth mindset and viewing failures as learning opportunities
👥 Building a supportive network of mentors and peers
📋 Setting realistic goals and breaking them down into manageable steps
🧘🏾♀️ Practicing mindfulness through techniques like journaling and meditation
🔄The importance of adaptability and taking calculated risks is highlighted, along with the need for self-compassion and patience.
🎧 Buckle up for a dose of inspiration! We're talking resilience and celebrating every win on your wealth-building journey.
Nicole Pendergrass is a wife, mom of two young daughters, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the founder of Microfamily Mavericks, a mentorship program designed to help people of color learn to invest in small multifamily properties as the stepping stone to building a portfolio that will unlock the freedom they deserve.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilyvalue
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“A setback is not a loss. It's not a failure until you quit.” - Nicole Pendergrass
“Pivoting is being open and mindful about your situation and figuring out what you're going to do to make the situation turn around ” - Nicole Pendergrass
Link to Brianna’s and Tyrell’s episodes:
https://youtu.be/TDNtAS7Npwk?si=UqG3VV4TYciasE49
https://youtu.be/S6mxV4Cgnjc?si=Nq2bLyqorpJflr5v
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
Closing a multimillion-dollar deal is an achievement that requires a deep understanding of your own value and the ability to effectively communicate it to others.
In today's fast-paced business environment, it's more important than ever to have a strong sense of your own worth and the unique value you bring to the table.
On this Flashback Friday episode of the Share The Wealth Show, we are pleased to welcome back Clive Davis, as he continues to share the strategies he used and his experience in successfully closing multi-million dollar deals with the right mindset.
After graduating from Columbia Law School, Clive worked for four years as a corporate transactional lawyer in Banking, Real Estate, M&A and Securities with a global
Wall Street law firm, headquartered in NY, NY, with assignments in Menlo Park, CA and Hong Kong, China. Six years In-house counsel experience with a global pharmaceutical company, headquartered in New York. Nine years in Atlanta as a Chief Compliance Officer of a Belgian biopharmaceutical company. Clive holds a Juris Doctorate from the Columbia University School of Law and is admitted to practice in New Jersey, New York, and before the Court of International Trade. He holds a M.A. from SUNY at Albany and a B.A., with high honors, Rutgers University. Throughout the entirety of this twenty-year career, he remained actively invested in real estate with a small portfolio of holdings.
Clive decided 2017 was the time and walked away from corporate life in pursuit of his interests and passion as a full-time real estate investment entrepreneur. Since founding Park Royal Capital in 2017 Clive Davis has personally invested in more than 2,500 multifamily rental units, as well as a portfolio of hotels based in Atlanta where he has resided since 2005. Most recently Park Royal Capital acquired two Atlanta multifamily properties totaling 444 units with a combined value of over $70M.
So whether you're a seasoned negotiator or just starting out in your career, this episode is packed with valuable insights and strategies to help you close bigger deals with mindset and find your value in the process. So sit back, relax, and enjoy the show!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Quote:
“Mindset is so key in this business and not just in real estate, but definitely it's needed.
You have to have the right mindset. You got to figure out what advantages you bring to the table.” - Clive Davis
“You've got to know who you are and the value that you bring.” - Clive Davis
“Wealth means the freedom to do the things that you deem to be important.” - Clive Davis
Connect with Clive!
Website - www.parkroyalcapital.com
Linkedin - https://www.linkedin.com/in/clivedavisesq/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
EP 99 - In this episode of the "Share the Wealth" show, the host welcomes Eddie Symmonett, a successful real estate investor and business owner originally from the Bahamas. Eddie shares his inspiring journey from moving to the U.S. for college to becoming a prominent figure in the real estate industry.
Key Takeaways:
🌐 Networking is Key: Building relationships with experienced investors is crucial for success. Attend events and connect with others for valuable mentorship and opportunities.
📚 Education Matters: Invest in your education by attending workshops, finding a mentor, or reading books on real estate investing.
🏠 Start Small and Scale Up: Begin with smaller properties like duplexes and four-unit buildings to gain experience and build capital before moving on to larger apartment complexes.
🎲 Take Calculated Risks: Eddie's move to Birmingham and his six-month focus solely on real estate was a calculated risk that paid off.
🤝 Be Strategic in Networking: Focus on building meaningful connections rather than just collecting business cards.
💪 Hard Work Pays Off: Eddie's success is a result of his hard work, dedication, and willingness to learn from his mistakes.
🌟 Tune in for an inspiring and informative discussion about the strategies on starting your own real estate investments! 🎧
Eddie Symmonett has been active in real estate since 2016 when he started interning, reading and researching everything he could on real estate investing. He comes from a family that has a background of successful Real Estate Investments overseas in Nassau, Bahamas. In 2017 he purchased his first duplex and four-unit apartment investments. In 2018, The year after he purchased a 32 and 75-unit apartment as a Limited Partner. In 2019 he purchased a 36-unit apartment complex as the sole- owner/operator and successfully exited the deal in 2023 with a 2.33X Return on Investment through the implementation of his investment strategies. From October 2021 to 2023 Eddie has syndicated two apartment complexes totaling 88 units and was featured on the front page of the Birmingham Business Journal where he was interviewed about the closings, Pearl at Sun Valley and Don Beri apartments.
As the President of Symmonett Management, a Property Management Company based in Birmingham Alabama, Eddie currently has 4 employees. Symmonett Management currently manages all of Symmonett Multifamily's holdings which is currently 90 units.Eddie Graduated College in Fall of 2017 and holds a Bachelor of Science in Business Administration/Accounting(Cum Laude) From Stillman College, Tuscaloosa Alabama.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilyvalue
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“If you don't give yourself any other option but to succeed, you would be surprised at what you could do.”
- Eddie Symmonett
Connect with Eddie Symmonnet!
You can find him on
Website: Eddie Symmonett's Card (hihello.me)
Instagram: eddiesymmonett
LinkedIn: Eddie Symmonett | LinkedIn
YouTube: Eddie Symmonett - YouTube
Email: esymmonett@gmail.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In today’s Flashback Friday episode of the Share The Wealth Show, Clive Davis will be discussing a common misconception about passing W2 income to your heirs, and his journey of leaving the corporate world to provide his children with more opportunities and choices in life. ✨
After graduating from Columbia Law School, Clive worked for four years as a corporate transactional lawyer in Banking, Real Estate, M&A and Securities with a global
Wall Street law firm, headquartered in NY, NY, with assignments in Menlo Park, CA and Hong Kong, China. Six years In-house counsel experience with a global pharmaceutical company, headquartered in New York. Nine years in Atlanta as a Chief Compliance Officer of a Belgian biopharmaceutical company. Clive holds a Juris Doctorate from the Columbia University School of Law and is admitted to practice in New Jersey, New York, and before the Court of International Trade. He holds a M.A. from SUNY at Albany and a B.A., with high honors, Rutgers University. Throughout the entirety of this twenty-year career, he remained actively invested in real estate with a small portfolio of holdings.
Clive decided 2017 was the time and walked away from corporate life in pursuit of his interests and passion as a full-time real estate investment entrepreneur. Since founding Park Royal Capital in 2017 Clive Davis has personally invested in more than 2,500 multifamily rental units, as well as a portfolio of hotels based in Atlanta where he has resided since 2005. Most recently Park Royal Capital acquired two Atlanta multifamily properties totaling 444 units with a combined value of over $70M.
So, join us as we dive into Clive’s journey and the importance of building wealth and creating opportunities for the next generation!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Quote:
“If you believe in yourself, failure is not an option.” - Clive Davis
“It doesn't matter how highly compensated you are, you cannot pass on a high W2 income to your heirs. So, you've got to be thinking about, If I am blessed to be highly compensated, what am I doing to convert that high W2 income into appreciating assets that are going to contribute to the creation of generational wealth.” - Clive Davis
“When I talk about generational wealth, I'm talking about impacting my not yet conceived grandchildren. So, I already know my kids are going to be fine, but I'm talking about leaving something that my grandchildren, who may or may not come to know me, they will be fine based upon the foundation that I've set for them.” - Clive Davis
“I wanted them (my kids) to have the privilege to be able to select the thing that they are truly passionate about. I think you should give your children all the privilege that you you're able to and you're blessed to.” - Clive Davis
Connect with Clive!
Website - www.parkroyalcapital.com
Linkedin - https://www.linkedin.com/in/clivedavisesq/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
EP 98 - In this episode of the Share the Wealth Show, we continue to explore a wide array of topics with Demetriah Webster, from land investing to private lending. Demetria shares her journey into active real estate investing and offers invaluable insights for aspiring investors.
🌍 Land Investing: Demetriah highlights the appeal of land as an asset class due to its low maintenance and potential for appreciation.
⚙️ Streamlining Operations: She discusses outsourcing tasks and building systems to make her business operations more efficient.
💵 Private Lending: Demetriah explains her approach to private lending, providing financing for various real estate transactions, including wholesale deals, note purchases, and subject-to acquisitions.
📊 Diversification: Emphasizing the importance of diversification in investment strategies to minimize risk.
🏆 Wealth Perspective: Demetriah shares her perspective on wealth, focusing on the freedom it provides to pursue her passions.
📚 Key Takeaways: Patience, strategic decision-making, and continuous learning are underscored as vital elements in achieving financial success in real estate.
🌟 Tune in to gain expert tips, proven strategies, and insider knowledge to elevate your real estate investing game. Whether you're a novice or a pro, there's something for everyone in this episode! 🎧
After graduating with a degree in Engineering and Project Management, and working in senior leadership roles in the aerospace industry for over 20 years, Demetriah Webster set her sights on real estate investing full time.
Demetriah had a passion for real estate since she purchased her first new construction home in 2000. In the early years of her career in the aerospace industry, she bought and managed her own investment properties. In 2014, she founded G Harvest Homes, Inc. in Hartford, CT after starting the Fortune Builders real estate education program. She has since purchased rehab and rental properties in various regions across the country. In 2016, Demetriah relocated to Hercules, CA where she continues to expand her business and soar to new heights with land acquisitions, triple net commercial leasing and private lending.
Demetriah enjoys spending time with her family, wine tasting, shopping, and traveling internationally. She is also a licensed Realtor in California.
.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Take small calculated risks and then grow from there.”
- Demetriah Webster
Connect with Demetriah Webster!
You can find her on
Website: https://www.gharvesthomes.com/
https://cherrywoodloop.com/
Instagram:gharvesthomes
Email: info@gharvesthomes.com
hello@thelandgals.com
hello@cherrywoodloop.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this Flashback Friday episode of Share The Wealth Show, we are pleased to have Donte back with us to continue sharing his journey to success and the key steps he took to reach his goals.
Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy.
Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community.
When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.
So if you're ready to unlock your potential, tune in to this episode as we explore the key steps to success.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Quote:
“Wealth means Freedom, I grew up really, really poor and we're captive to poverty a lot of time and I don't have the freedom to try certain things. Sometimes poverty doesn't allow you to diversify, so you're stuck in ignorance.” - Donte Jones
“People try to learn before they do because that's what we're taught.
We're taught to learn before you do, school teaches you to read the instructions. You do this and do that right. But in business just do.”
- Donte Jones
“ Step one is do and then as you're doing, learn. The learning process is scary, the more you learn, the more scared you're gonna get, the more afraid you're gonna be and you're never gonna do.” - Donte Jones
Connect with Donte!
Website - www.LyricallyCorrect.com
Instagram - @LyricallyCorrectGame
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
EP 97 - Tune in to this episode of the Share the Wealth Show, where Demetriah Webster offers a glimpse into her enlightening journey navigating the highs and lows of real estate investing. From her initial investments in duplexes and triplexes to venturing into out-of-state properties like those in Memphis, she's encountered a diverse array of scenarios.
🏡 Diverse Portfolio: Demetria's journey spans from initial investments in duplexes and triplexes to out-of-state properties.
🛠️ Biggest Challenge: A flip project in Seattle presented her biggest challenge, where unforeseen issues with the property's steep slope required extensive stabilization work.
💰 Financial Setback: Despite budgeting for interior repairs and renovations, the majority of funds were allocated to stabilizing the structure, resulting in breaking even on the project.
📝 Lessons Learned: Through these experiences, Demetria highlights the importance of due diligence, partnering with experienced individuals, and being prepared for unforeseen challenges in real estate ventures.
📈 Market Insight: Understanding market dynamics and holding costs is stressed, especially in fluctuating market conditions.
🌱 Resilience and Growth: Despite setbacks, Demetria remains resilient, expanding her real estate portfolio into new areas like land development and private lending.
🌟 Don't miss this episode for a firsthand account of resilience, growth, and invaluable insights in real estate investing! 🎧
After graduating with a degree in Engineering and Project Management, and working in senior leadership roles in the aerospace industry for over 20 years, Demetriah Webster set her sights on real estate investing full time.
Demetriah had a passion for real estate since she purchased her first new construction home in 2000. In the early years of her career in the aerospace industry, she bought and managed her own investment properties. In 2014, she founded G Harvest Homes, Inc. in Hartford, CT after starting the Fortune Builders real estate education program. She has since purchased rehab and rental properties in various regions across the country. In 2016, Demetriah relocated to Hercules, CA where she continues to expand her business and soar to new heights with land acquisitions, triple net commercial leasing and private lending.
Demetriah enjoys spending time with her family, wine tasting, shopping, and traveling internationally. She is also a licensed Realtor in California.
.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“They're ups and downs, but usually the ups are greater than the downs.”
- Demetriah Webster
Connect with Demetriah Webster!
You can find her on
Website: https://www.gharvesthomes.com/
https://cherrywoodloop.com/
Instagram:gharvesthomes
Email: info@gharvesthomes.com
hello@thelandgals.com
hello@cherrywoodloop.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this Flashback Friday episode of the Share The Wealth Show, we welcome back Donte Jones as he continues to share his journey of turning an idea into a successful product!
He shares:💥how social media can be a game-changer for your business and how it can be leveraged to generate revenue 💥his experience of making $100k in just 4 months using social media to launch their product.
Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy.
Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community.When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Quote:“I think the best business advice I give people is just do the business. Just do whatever it is you want to do and then later, the business will come” - Donte Jones
“It was my experience having managed companies and watching business owners throw money at problems, that strategy and resilience and hard work could solve.” - Donte Jones
“Nowadays you can't build a brand without building a social media presence, you have to establish credibility.” - Donte Jones
Connect with Donte!Website - www.LyricallyCorrect.com Instagram - @LyricallyCorrectGame
___________________________________________Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikkior Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
EP 96 - In this episode of the Share the Wealth Show, let’s welcome back Nikki G as she continues to delve into her journey in real estate investing while balancing a W2 job. Discover pivotal insights into real estate investment in this episode:
💼 Strategy and Alignment: Clear plans and alignment with partners prevent conflicts, considering differences in investment goals.
🏡 Single-Family vs. Multi-Family: Single-family homes offer substantial cash flow if managed well, despite multi-family properties being favored for scalability.
🚀 Personal Real Estate Journey: Starting small and leveraging mentors, creative financing, and efficient systems can lead to expansion in real estate investments.
🏢 Property Management and Systems: Effective systems like Buildium streamline operations, while professionalism and tenant relationships are crucial for smooth management.
💰 Diversification and Wealth: Diversifying within real estate offers control and stability, aligning with the Nikki's view of wealth as freedom.
🌟 Make sure not to skip this episode to gain valuable insights into real estate investing and wealth building! 🎧
Nikki is a first-generation college graduate who earned her Industrial and Systems Engineering degree from Virginia Tech. She has had a successful career in corporate America for more than 20 years managing global and large scale business transformations focused on people, processes, and technology.
As a lifelong “saver” and witness to multiple corporate reorganizations and layoffs, she is an advocate for having multiple streams of income. Nikki leverages her business skills and day job to fund her passion and dreams. In just a few short years, she has built a multi-million dollar portfolio that generates over six figures in rental income annually. She is committed to sharing her real estate investing journey with others to show them what is possible if you just get started with the resources that you have.
When she is not working, she most enjoys spending time with her family, traveling, and inspiring others to build wealth through real estate.
.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“If I did it, you can do it. Just be intentional. ”
- Nikki G
Connect with Nikki G!
You can find them on
Schedule a Call: https://calendly.com/nikkigconsults
Instagram:dreambig_cashflow
Email: nikki@nikkigconsults.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In today’s episode of The Share The Wealth Show, we have Donte Jones and we'll dive into Donte's journey from the banking industry to law school and eventually to entrepreneurship. He'll share his insights on how he discovered his passion for creating a positive impact on the world and how he turned that passion into a successful business.
Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy.
Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community.
When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.
So sit back, relax, and join me in this conversation with Donte Jones, as we explore how he turned his passion into a thriving business, and the lessons he's learned along the way.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Quote:
“If we're talking about business, do whatever it is you want to do and let the business figure itself out.” - Donte Jones
“Praying for discernment, understanding, praying for God to be able to hear God's voice.
I'm spending time in God's word, spending time in the church right then, listening.
Finding a pastor that you trust to deliver the message of God. That all of those things are important” - Donte Jones
Connect with Donte!
Website - www.LyricallyCorrect.com
Instagram - @LyricallyCorrectGame
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
EP 95 - In this episode of the Share the Wealth Show, let’s join real estate investor, Nikki G as she shares her inspiring journey and mindset on investing while working a W2 job. Explore key points in real estate investing on this episode:
💡 Motivated by a desire for financial independence after workplace reorganizations, Nikki ventured into real estate investing.
🏢 Her first property, a 10-unit apartment building, was purchased with the guidance of a knowledgeable cousin who mentored her.
💼 Despite initial lack of knowledge about commercial financing, Nikki learned quickly and successfully acquired the property.
💰 Leveraging her W2 income, she invested in subsequent properties, including an off-market townhome acquired from a family member.
🔄 By reinvesting profits and managing expenses wisely, Nikki achieved financial stability and aims to fund her children's education through investments.
🌟 Don't miss this episode for an empowering story highlighting mentorship, self-confidence, and strategic planning in real estate investing! 🎧
Nikki is a first-generation college graduate who earned her Industrial and Systems Engineering degree from Virginia Tech. She has had a successful career in corporate America for more than 20 years managing global and large scale business transformations focused on people, processes, and technology.
As a lifelong “saver” and witness to multiple corporate reorganizations and layoffs, she is an advocate for having multiple streams of income. Nikki leverages her business skills and day job to fund her passion and dreams. In just a few short years, she has built a multi-million dollar portfolio that generates over six figures in rental income annually. She is committed to sharing her real estate investing journey with others to show them what is possible if you just get started with the resources that you have.
When she is not working, she most enjoys spending time with her family, traveling, and inspiring others to build wealth through real estate.
.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“ Don’t be afraid to bet on yourself.”
- Nikki G
Connect with Nikki G!
You can find them on
Schedule a Call: https://calendly.com/nikkigconsults
Instagram:dreambig_cashflow
Email: nikki@nikkigconsults.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this flashback Friday episode of the Share the Wealth Show, we welcome back Kenzy Barrett as she shares her fascinating journey as a real estate investor who has gone from owning vending machines to owning multifamily properties and building her own syndication.
She will also share her unique perspective on gentrification and how she’s taking a new approach to this often controversial issue. ✨
Kenzy A. Barrett is a young entrepreneur who is determined to blaze a trail of success. She started her financial journey by selling cold drinks and snacks from a vending machine, and has since grown her business to include multifamily real estate. Not only is she building her own wealth, but she’s also helping others to do the same.
Kenzy has a podcast called The New Adults Club which focuses on teaching young adults about the various aspects of adulthood - from finding a job to building wealth and everything in between. By addressing the needs and desires of young adults, The New Adults club is helping to empower a new generation of entrepreneurs.
Kenzy is passionate about making a positive impact in the world, and she’s doing that through her business, her podcast, and all of the resources she makes available to her listeners. Through her hard work and dedication, she is an inspiration to anyone who’s interested in starting their own business ventures.
So sit back, relax, and join us as we share the wealth of knowledge and inspiration with our listeners!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Quote:
"Wealth to me is peace, wealth is happiness. It's waking up and having those two things.
Wealth is definitely not how the number in your bank account, it's your mind and where it's at and your heart." - Kenzy Barrett
“First I want to do that, you know, I just want to be myself and be an inspiration to other people.
And secondly, I want to introduce syndication to my community.” - Kenzy Barrett
Connect with Kenzy!
Instagram- https://www.instagram.com/kenzyabarrett/
Linkedin - https://www.linkedin.com/in/kenzy-alvarado-barrett/
Podcast - https://www.thenewadultsclub.com
Link to Gentrification Article -
https://www.blueprintlandmarks.com/post/an-open-honest-conversation-about-gentrification
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
EP 94 - In this episode of the Share the Wealth Show, we're delighted to welcome Niki Perez once again. The conversation explores real estate underwriting and finance, offering valuable insights.
📑 Nikki stresses transparency in financial documentation for securing financing in commercial real estate deals.
🔍 Key documents like rent rolls, profit and loss statements, and sponsor portfolios are highlighted.
💼 Understanding the financial strength of sponsors is crucial, especially for new investors.
🤝 Partnering with experienced individuals and having equity in place boosts credibility with lenders.
📊 Challenges in underwriting, including real examples, are discussed, emphasizing due diligence and honesty.
💰 Insights into the current lending landscape, including lender preferences and criteria, are provided.
📈 Concepts like loan-to-value and debt service coverage ratio are explained for deal analysis.
🏠 Nikki offers advice on dealing with sellers lacking organized financial records, urging investors to educate themselves.
🌟 Don't miss this episode for a wealth of knowledge on real estate finance and underwriting intricacies! 🎧
Niki Perez is the CEO and Founder of Authentic CRE Solutions. She has been in the commercial real estate industry for 20 years.
Prior to founding Authentic CRE, Niki worked for some of the top financial services firms within the United States, including Grandbridge Real Estate Capital and Walker & Dunlop. Her mentors are among the most respected women in commercial real estate, namely Beth Azor, Brittany Rose, Kelani Blackwell, and Michelle Warner.
Over the course of her career, Niki’s analyzed and underwritten $10 billion in loans and has acquired the skillset to successfully originate, market, and analyze commercial mortgages. She is an efficient, detail-oriented underwriter with a deep understanding of property operations and lending platforms.
When Niki is not underwriting deals, she enjoys writing and giving back. Niki is a published writer who graduated magna cum laude from Florida Atlantic University. She earned a bachelor of arts in literature with a creative writing focus. Niki volunteers her spare time to charities like Habitat for Humanity and has partnered with the Leukemia & Lymphoma Society and Project Destined in the past. Niki is also a mom, passive real estate investor, proud W.I.R.E. member, and strong supporter of DEI.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“ Wealth comes from moving through life with good intentions and behavior, aligning yourself with everyone who values what you value.”
- Niki Perez
Connect with Niki Perez!
You can find them on
Website: authenticcresolutions.com
Instagram:@nikiperez.cre
LinkedIn: linkedin.com/in/authenticcresolutionsnp
Email: niki@authenticcre.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this flashback Friday episode of the Share the Wealth Show, we have with us a young entrepreneur, Kenzy Barrett who started her own vending machine business from scratch. She will share with us her journey in starting a vending machine business:
✨ the challenges she faced, and how she overcame them
✨ the strategies she used to grow her business
✨ tips she got from reading Rich dad Poor Dad and all the lessons she learned along the way
Kenzy A. Barrett is a young entrepreneur who is determined to blaze a trail of success. She started her financial journey by selling cold drinks and snacks from a vending machine and has since grown her business to include multifamily real estate. Not only is she building her own wealth, but she’s also helping others to do the same.
Kenzy has a podcast called The New Adults Club which focuses on teaching young adults about the various aspects of adulthood - from finding a job to building wealth and everything in between. By addressing the needs and desires of young adults, The New Adults club is helping to empower a new generation of entrepreneurs.
Kenzy is passionate about making a positive impact in the world, and she’s doing that through her business, her podcast, and all of the resources she makes available to her listeners. Through her hard work and dedication, she is an inspiration to anyone who’s interested in starting their own business ventures.
So, if you're curious about the vending machine industry and how to turn it into a profitable business, this episode is for you.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Quote:
“There has to be a way for you to sleep and make money and live your life and travel and do all the things that you are excited to do, and you have to be happy to wake up and do what you love. “ - Kenzy
“I think a lot of people get stuck on the idea of finding their soul purpose and they let that prevent them from taking any movement moving forward at all doing anything. Sometimes you just have to pick a general direction, sometimes you have to pick something that's going to give you a skill.” - Nicole
Connect with Kenzy!
Instagram- https://www.instagram.com/kenzyabarrett/
Linkedin - https://www.linkedin.com/in/kenzy-alvarado-barrett/
Podcast - https://www.thenewadultsclub.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
EP 93 - In this episode of the Share the Wealth Show, we will explore Niki Perez's transition from the corporate world to entrepreneurship, focusing on her experiences in commercial real estate underwriting.
🌐 The discussion explores personal development, navigating workplace challenges, overcoming fears, and starting a business in underwriting and analyzing commercial real estate deals.
💪 Nikki highlights the importance of authenticity, transparency, and empowering others in the industry.
📊 Offering underwriting services for various commercial property types and custom-built modeling, Nikki tailors solutions to clients' needs.
🚀 Dive into Niki's professional journey, motivations, and the services she provides in her entrepreneurial venture.
🎧 Tune in to this episode for inspiring perspectives on corporate transitions and entrepreneurial triumphs! 🌟
Niki Perez is the CEO and Founder of Authentic CRE Solutions. She has been in the commercial real estate industry for 20 years.
Prior to founding Authentic CRE, Niki worked for some of the top financial services firms within the United States, including Grandbridge Real Estate Capital and Walker & Dunlop. Her mentors are among the most respected women in commercial real estate, namely Beth Azor, Brittany Rose, Kelani Blackwell, and Michelle Warner.
Over the course of her career, Niki’s analyzed and underwritten $10 billion in loans and has acquired the skillset to successfully originate, market, and analyze commercial mortgages. She is an efficient, detail-oriented underwriter with a deep understanding of property operations and lending platforms.
When Niki is not underwriting deals, she enjoys writing and giving back. Niki is a published writer who graduated magna cum laude from Florida Atlantic University. She earned a bachelor of arts in literature with a creative writing focus. Niki volunteers her spare time to charities like Habitat for Humanity and has partnered with the Leukemia & Lymphoma Society and Project Destined in the past. Niki is also a mom, passive real estate investor, proud W.I.R.E. member, and strong supporter of DEI.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“There's nothing wrong with not being there yet, but recognizing that it's really important to try to get there is significant to your success.”
- Niki Perez
Connect with Niki Perez!
You can find them on
Website: authenticcresolutions.com
Instagram:@nikiperez.cre
LinkedIn: linkedin.com/in/authenticcresolutionsnp
Email: niki@authenticcre.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
Raising capital for your first real estate syndication can be a daunting task, but it is an essential step toward achieving your investment goals.
In today’s flashback Friday episode of the Share the Wealth Show, we welcome back Sonya Rocvil, an experienced real estate investor. Sonya will be sharing her insights and expertise on raising capital for your first real estate syndication. She will discuss her journey, the challenges she faced, and the strategies she used to secure the capital she needed to launch her first project.
Sonya Rocvil is the Principal and Founder of Bedrock Real Estate Investors, a privately-owned real estate company, specializing in the acquisitions and asset management of multifamily apartments in the United States. She has syndicated and operated multifamily deals totaling 462 units and valued at over $25m. Sonya has successfully life-cycled four apartment complexes totaling 374 units. She has also been an equity partner for multifamily investments totaling 438 units and valued at $28.7m.
Sonya began her career as an auditor and later transitioned to finance at a Fortune 500 Company. Her depth of knowledge in business analytics and strategic implementations that drive growth has made her successful in acquiring and operating multifamily properties.
This episode will provide valuable insights and guidance on how to raise capital for your first real estate syndication. So, let's dive in!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[2:54 - 9:49] Approaching Potential Investors
- Nicole emphasizes the significance of demonstrating your expertise and capabilities to others.
- Sonya acknowledges that it can take longer for people who have known you for a while to invest with you.
- They discuss the challenges of approaching potential investors and asking them about their financial situation.
[11:02 -14:20] Finding the Right Real Estate Market
- Sonya discusses her decision-making process for transitioning to a new real estate market.
- She mentions that the events that happened during that time are aligned with her goals. Because of how infrastructures are highly invested at the time.
- Sonya highlights Birmingham's strong and consistent real estate market due to its favorable location and economy.
[11:02 -14:20] What is next for Sonya?
- Sonya discusses her plans to expand her real estate portfolio both in Birmingham and across the Southeast region.
- "Self-directed investment" refers to the ability to invest in assets beyond traditional options like stocks and bonds.
[16:10 - 22:27] Closing Segment
- Sonya emphasizes the importance of diversification, stating that investing in hard assets can help balance out potential losses in the stock market.
- Drawing from the game of Monopoly, Sonya stresses the value of starting early, building a foundation, and growing from there.
Quote:
"When I think about wealth, I think about it from a generational perspective. How much are you able to preserve for the next set of people that are coming after you." - Sonya
"Don't be scared to cross that line into the uncomfort zone, because it has to get crossed at some point if you're going to raise capital. " -Nicole
Connect with Sonya!
Website: www.bedrockreinvestors.com
Instagram: https://www.instagram.com/sonyarocvil/?hl=en
LinkedIn: https://www.linkedin.com/in/sonyarocvil/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
In today’s flashback Friday episode of the Share the Wealth Show, Sonya Rocvil explores the important topic of self-care and why it's not selfish, the discussion centers around the importance of learning to choose what you truly want to do and being able to let go of the things that are not aligned with your goals.
Sonya Rocvil is the Principal and Founder of Bedrock Real Estate Investors, a privately-owned real estate company, specializing in the acquisitions and asset management of multifamily apartments in the United States. She has syndicated and operated multifamily deals totaling 462 units and valued at over $25m. Sonya has successfully life-cycled four apartment complexes totaling 374 units. She has also been an equity partner for multifamily investments totaling 438 units and valued at $28.7m.
Sonya began her career as an auditor and later transitioned to finance at a Fortune 500 Company. Her depth of knowledge in business analytics and strategic implementations that drive growth has made her successful in acquiring and operating multifamily properties.
Join us as we share tips and insights on how to create your own not to-do list and make self-care a priority in your life. Let's get started!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[2:15 - 8:45] The Importance of Prioritizing Goals and Finding Alignment
- discusses the importance of letting go of activities that are not aligned with our goals and priorities.
- Sonya stresses the significance of alignment, where our actions and decisions should be align with our chosen direction.
- Nicole acknowledge the challenges of juggling multiple activities and how it can lead to self-doubt.
- They explain that holding onto things that we thought were aligned with us could hinder our growth.
- Sonya shares about a friend who realized that taking on more activities did not necessarily result in the desired outcome.
[12:10 - 17:15] Finding the Right Balance Between Prioritizing and Letting Go
- how juggling multiple activities can be time-consuming, especially for mothers who also need to give time for their family.
- They stress the importance of knowing which activities to prioritize and which ones to let go.
[12:10 - 17:15] Who is Sonya Rocvil?
- Sonya recommends the Real Estate Associate Program (REAP), which provides opportunities to expand one's network and learn from peers.
- Sonya also shares her personal journey of pursuing her passion for real estate and how she started exploring this field
[23:45 - 27:15] Importance of Establishing Credibility and Syndication
- Nicole asks about Sonya's initial investment.
- Sonya describes her experience as a passive investor and emphasizes the importance of leveraging the knowledge gained from such ventures.
- She also stresses the significance of establishing a strong foundation of credibility at the outset of any investment endeavor.
Quote
"You cannot help anybody if you're not okay."
- Sonya Rocvil
"You only have this limited amount of space, in your mind, and if you keep cramming things in there, you're not going to be able to function at your best."
- Sonya Rocvil
Connect with Sonya!Website: www.bedrockreinvestors.com
Instagram: https://www.instagram.com/sonyarocvil/?hl=en
LinkedIn: https://www.linkedin.com/in/sonyarocvil/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
Ep 92 - In this episode of the Share the Wealth Show, we're thrilled to have Verneda White and Vivian Wright back with us. They'll be diving deeper into their past experiences in wholesaling real estate, discussing the complexities of business relationships, and emphasizing the importance of continuous learning and growth in achieving financial success. Here's a glimpse of what they'll cover: 📈💰
🏠 Reflections on experiences in wholesaling real estate and other investment ventures.
💰 Attempts at wholesale and exploration of alternative investments like Bitcoin and non-performing notes.
🔄 Challenges and lessons learned from their partnership, including financial commitments, trust issues, and diversification.
📘 Emphasis on taking responsibility for financial literacy, caution in partnerships, and learning from setbacks.
💬 Personal definitions of wealth and a thought-provoking question about the significance of black wealth for the next guest.
🔊 Don't miss out on this insightful episode! Tune in for valuable insights about partnership and wholesaling real estate 🎧
Verneda Adele White is an Antiracism Strategist, Speaker and Award-winning Writer. As Founder and Executive Producer of the anti-racism platform and merch collection "BLACK PEOPLE ARE AMERICA’S HOT SAUCE" (a.k.a. America's Hot Sauce), Verneda’s 15 years of experience, led to the development of a successful consulting firm with a proven track record across industries including equity & inclusion, events, speaking and fashion marketing.
In addition to her business endeavors, Verneda’s philanthropic work has received support from influencers including Usher Raymond and the late Hydeia Broadbent, along with media coverage by VH1, Fashinnovation, and Black Enterprise among others. Likewise, Verneda is a recipient of the Daily Points of Light Award from President George H.W. Bush for her service.
Verneda is a Contributing Writer for outlets including HuffPost, MadameNoire, and The Daily Beast. Her 2x award-winning article, “I Experienced Systemic Racism at One of America’s Most Prestigious Magazines” calls for an end to the exploitation of Black employees, contractors and creatives at Town & Country Magazine, and serves as a pivotal voice in the global work to achieve racial equity in corporate spaces and beyond.
Vivian Wright is a newbie in the world of passive investing. She pooled her resources with family to purchase her first multifamily property in 2021. She continues to explore new avenues for wealth building while working a traditional W-2 job in the pharmaceutical industry.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Don't ever be deterred by your setbacks because they are truly a setup for a comeback.”
- Verneda White
“You can't foresee every single situation. Maybe you do think things are working out, and then it just doesn't. That's life.”
- Vivian Wright
Connect with Verned and Vivian Wright!
You can find them on
Website: www.americashotsauce.club
Instagram:
https://www.instagram.com/vernedaadele/
https://www.instagram.com/videoviv/
LinkedIn: Verneda Adele White | LinkedIn
Email:vivian.wright@gmail.com
verneda@vernedaadele.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
EP 91 - Get ready for a throwback episode with The Share the Wealth Show! ⏪ Join our guests, Verneda White and Vivian Wright as they revisit their early days in wholesaling real estate with our host, Nicole Pendergrass. They will recount their past experiences together about the following:
💼 Challenges and lessons learned from attempting wholesaling.
🏡 Strategies like direct mail campaigns and late-night meetings were employed but yielded no successful deals.
🤔 Reflections include competing priorities, lack of specialized mentorship, and frustrations with coaching programs.
🌟 Importance of prioritizing time and resources, seeking mentorship, and team alignment in real estate ventures.
And remember, don't miss this episode for invaluable insights into real estate ventures! 🏡🎧
Verneda Adele White is an Antiracism Strategist, Speaker and Award-winning Writer. As Founder and Executive Producer of the anti-racism platform and merch collection "BLACK PEOPLE ARE AMERICA’S HOT SAUCE" (a.k.a. America's Hot Sauce), Verneda’s 15 years of experience, led to the development of a successful consulting firm with a proven track record across industries including equity & inclusion, events, speaking and fashion marketing.
In addition to her business endeavors, Verneda’s philanthropic work has received support from influencers including Usher Raymond and the late Hydeia Broadbent, along with media coverage by VH1, Fashinnovation, and Black Enterprise among others. Likewise, Verneda is a recipient of the Daily Points of Light Award from President George H.W. Bush for her service.
Verneda is a Contributing Writer for outlets including HuffPost, MadameNoire, and The Daily Beast. Her 2x award-winning article, “I Experienced Systemic Racism at One of America’s Most Prestigious Magazines” calls for an end to the exploitation of Black employees, contractors and creatives at Town & Country Magazine, and serves as a pivotal voice in the global work to achieve racial equity in corporate spaces and beyond.
Vivian Wright is a newbie in the world of passive investing. She pooled her resources with family to purchase her first multifamily property in 2021. She continues to explore new avenues for wealth building while working a traditional W-2 job in the pharmaceutical industry.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“The extra mile is never crowded. If you want to separate yourself from the herd, take those extra steps.”
- Verneda White
“Consider having a mentorship as it could benefit you.”
- Vivian Wright
Connect with Verned and Vivian Wright!
You can find them on
Website: www.americashotsauce.club
Instagram:
https://www.instagram.com/vernedaadele/
https://www.instagram.com/videoviv/
LinkedIn: Verneda Adele White | LinkedIn
Email:vivian.wright@gmail.com
verneda@vernedaadele.com
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In today's flashback Friday episode of the Share The Wealth Show, we welcome back Verline Davis as she dives into the common myths and misunderstandings surrounding business entities and credit. She also provides actionable tips to help you make informed decisions about your business. So, whether you're an entrepreneur just starting out or a seasoned business owner, understanding the fundamentals of business structures and credit can make a huge difference in the success of your business. Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[01:20 - 08:49] LLC vs S CorpBusiness Entities Debunking misinformation about LLCWhat S Corp and C Corp doCold Consultation with VerlineTax PlanningHealth Insurance and Savings[12:01 -25:23] Business Entitiy & Credit MasterclassDifferent strategies for every businessCourse About Fixing CreditConsumer LawsBusiness Car ApprovalsThe truth behind Car Dealership[25:24 - 39:19] Closing Segment: The Final QuestionsVerline’s take on DiversificationChoosing between Baltic Avenue and Boardwalk with the Monopoly gameWhat wealth means to VerlineWhat was the biggest obstacle Verline overcomeQuote"Wealth means to me is the ability to live a free life style for a long period of time." - Verline DavisA lot of people today want to go wide instead of going deep, it's nothing wrong with diversifying because we should, we should have stocks, we should have maybe some crypto, we should have real estate, we should have all of these things, but we should educate ourselves enough in each one of them. - Verline DavisConnect with Verline!Website: www.Capitalvsolutions.comInstagram: / capitalvsolutions LinkedIn: / capitalvsolutions ___________________________________________Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com
EP 90 - In today’s episode of the Share the Wealth Show, the dynamic duo Eunice and Lee Johnson continue to delve into various topics related to insurance, finance, and wealth building. Here's a summary of their discussion:
💬 Purposeful Conversations: Stressing the importance of purposeful talks with insurance agents or financial advisors to align policies or investments with specific goals and needs.
💰 Understanding Cash Value Life Insurance: Highlighting the benefits of cash value life insurance policies, including flexibility in fund access without affecting credit scores.
🏛️ Legacy Building and Generational Wealth: Discussing the role of life insurance in building generational wealth and leaving a legacy for future generations.
🚀 Taking Action and Overcoming Fear: Encouraging listeners to take action and not let fear hinder exploration of opportunities for financial growth and security.
🔄 Diversification: Emphasizing the importance of understanding investments or assets when diversifying.
⏰ Wealth as Freedom: Defining wealth not only in financial terms but also as the freedom to live life on one's own terms, including time freedom and pursuing personal goals and passions.
Don't sleep on this financial wisdom!💡Tune in and unlock secrets to planning, building wealth, and taking charge of your future! 🎧
Eunice and Lee Johnson are visionaries behind Value Investment Partners (VIP). Their mission is to partner with like-minded individuals and families looking to build generational wealth through investing in alternative assets and empowering individuals to achieve wealth.
Their focus is education and investing in assets with risk adjusted returns; in short, assets that yield higher than average returns, for lower-than-average comparative risk, affording our clients Financial Freedom, Time Freedom and Location Freedom.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Wealth equals freedom to be able to live life on your terms.”
- Lee Johnson
“ The opportunities that you lose are the ones that you don't take.”
- Eunice Johnson
Books Mentioned: 401(k)haos
Lee’s previous episodes:
Ep 44 | Leveraging Your W2 To Build The Confidence And Capital To Invest Passively with Lee Johnson
Ep 45 | Your W2 Is Your Addiction: Make A Plan, Copy The Wealthy & Bet On Yourself w/ Lee Johnson
Connect with Eunice and Lee!
You can find them on
Website: https://www.valueinvestmentpartners.com/
Instagram:
https://www.instagram.com/passivereipros/
https://www.instagram.com/eunice.lebo_johnson/
LinkedIn: Lee Johnson | LinkedIn
Eunice Johnson | LinkedIn
Email: eunice@valueinvestmentpartners.com
Office: 571-444-8474
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In today's flashback Friday episode of the Share The Wealth Show, Verline Davis takes us on a journey through her career as a tax brain surgeon, property manager, and real estate investor. Tune in as she shares her story and provides valuable insights into how she got started in these fields and achieved success. Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background.Verline's journey is sure to inspire and educate. So sit back, relax, and let's dive into Verline's fascinating story.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[01:17 - 12:13] Who is Verline?How she got into these fields (Property Management, Tax planning, and Real estate Investing)She shares her experience with her previous CPA which gave her a lot of trouble.The realization that not all CPAs are alike.How she financed her first propertiesStrategy in purchasing properties[12:14 -19:29] Next Phase of Verline’s JourneyHow she started as Property Manager handling multifamily propertiesHow she was hungry to dig in and learn more about the back end of property management on a tax level.[19:30 - 25:13] Verline as a Brain Surgeon 529 Alternative / 529 College FundTax PlanningShe teamed up with different CPA’sTax Strategy for W2 employees and start-up business owners[25:14 - 37:16] Real Estate Professional StatusTwo tests to become RE ProfessionalWork and participate 750 hrs a yearshort term rental status[37:17 - 38:07] Closing SegmentWatch out for part 2 of our conversation with Verline!Quote"I came to the realization, that not all tax professionals or CPAs are created equally." - Verline DavisConnect with Verline!Website: www.Capitalvsolutions.comInstagram: / capitalvsolutions LinkedIn: / capitalvsolutions ___________________________________________Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast...
Ep 89 - In this episode of the Share the Wealth Show, we welcome back the power couple, Eunice and Lee Johnson, who continue to share about the benefits of incorporating cash value life insurance as a financial strategy for building wealth and managing cash flow. 📈💰
Here are the key points discussed:
🔄 Concerns about traditional retirement planning due to inflation and limited pensions.
👎 Critiques of 401(k) plans, with arguments for alternative wealth-building strategies.
💰 Benefits of cash value life insurance: tax advantages, fund access flexibility, potential for higher returns.
🔄 "Infinite banking" concept: using life insurance for investments or expenses.
🏦 Differences between mutual and shareholder insurance companies.
🔧 Importance of customization in policy design for individual needs and financial goals.
🏦 Advantages of cash value life insurance over traditional banking institutions.
💳 Considerations for loan repayment and its impact on policy cash value and death benefits.
💡 Strategies for maximizing policy benefits: leveraging for multiple family members, using policy dividends.
🔊 Make sure you catch this enlightening episode! Tune in and discover the flexibility, control, and wealth-building potential offered by cash value life insurance policies in a comprehensive financial plan. 🎧
Eunice and Lee Johnson are the visionaries behind Value Investment Partners (VIP). Their mission is to partner with like-minded individuals and families looking to build generational wealth through investing in alternative assets and empowering individuals to achieve wealth.
Their focus is education and investing in assets with risk adjusted returns; in short, assets that yield higher than average returns, for lower-than-average comparative risk, affording our clients Financial Freedom, Time Freedom and Location Freedom.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Our community needs to learn how to leverage their assets while they are still in control of that asset.”
- Lee Johnson
“There's so many options available but of course you're going to miss all of these options if you just don't ask.”
- Eunice Johnson
Books Mentioned: 401(k)haos
Lee’s previous episodes:
Ep 44 | Leveraging Your W2 To Build The Confidence And Capital To Invest Passively with Lee Johnson
Ep 45 | Your W2 Is Your Addiction: Make A Plan, Copy The Wealthy & Bet On Yourself w/ Lee Johnson
Connect with Eunice and Lee!
You can find them on
Website: https://www.valueinvestmentpartners.com/
Instagram:
https://www.instagram.com/passivereipros/
https://www.instagram.com/eunice.lebo_johnson/
LinkedIn: Lee Johnson | LinkedIn
Eunice Johnson | LinkedIn
Email: eunice@valueinvestmentpartners.com
Office: 571-444-8474
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this flashback Friday episode of the Share The Wealth Show, we welcome back Dexter Jenkins as he expounds on the importance of having multiple streams of income. He also emphasizes the significance of💣The SHIP Method (StewardSHIP, OwnerSHIP, and EntrepreneurSHIP)💣having savings readily available when an opportunity arises as it can lead to generate more income💣 Develop a strategy for augmenting your current resources and increasing your source of income.💣Inner and Outer Game of WealthDexter B. Jenkins is a faith-based financial mentor who spent more than two decades in the financial services industry. He is passionate about helping families build generational wealth with easy-to-implement steps. Jenkins inspires and instructs hundreds of people with his podcast, programs, online courses, and books. A popular speaker on the topic of wealth building God’s way, he is an authority on faith and finance. As Senior Pastor of Fellowship Christian Church in Boston and Managing Partner of Dominion Real Estate Holding, LLC, he sensed early in life that teaching financial literacy was his calling. Through what he coins the “SHIP Method,” Jenkins shows people how to get out of debt through stewardship; create a legacy through entrepreneurship, and learn strategies on real estate ownership. There’s no question that his integrity, wisdom, and wealth-building philosophy is a voice needed today.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[1:44 - 7:02] Equity out of Properties- Dexter talks about the Dominion Real Estate Holding- He also shares a story of one of his clients, who pulled equity out of properties and used this to acquire more properties.[7:04 - 10:32] SHIP Method- Stewardship is the successful handling of your finances, or the budget or spending plan- Ownership is the assets that they need to create- Good debt VS bad debt[12:22 - 14:53] Life Strategy- by using the example of building a house, Dexter explains the levels needed to have to form a good strategy in life- He mentions that most wealthy people don't much think about budgeting, but they think about how to get other streams of income. [15:45 - 21:33] Save for Opportunities - the question, "How can I generate more income?"- for him, save money for opportunities. when opportunities come, you should always have the cash ready to make more[22:50 - 34:51] Closing Segment- going deeper until you build competence in one area, then you can branch off to other things. - Dexter explains what wealth means to him- his question to the next guest is, "What is the biggest challenge they had to overcome in their business?"Quotes" If you really want to improve your finance, there are only 2 ways to do it. Decrease your expenses, increase your income." - Dexter Jenkins" Wealth to me means having what you need when you need it." - Dexter JenkinsConnect with Dexter!Website: https://www.dexterbjenkins.comInstagram: https://www.instagram.com/dexterbjenk... LinkedIn: / dexterbjenkins Facebook: / dexterbjenkins ___________________________________________Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast...
EP 88 - In today’s episode of the Share the Wealth Show, we will uncover the key to financial success from a dynamic duo, Mr. Lee and Ms. Eunice Johnson, who have carved their path to prosperity. Their insights will focus on unconventional strategies for fostering, expanding, and safeguarding minority wealth.
🌟 The couple shares their experiences, challenging misconceptions about wealth building.
📚 Stress on the importance of financial literacy for future generations.
💰 Exploring the concept of using cash value life insurance as a savings vehicle.
💼 Discussing the advantages, including access to cash value during one's lifetime.
🤔 Tackling common concerns about whole life insurance, such as time to build cash value and higher premiums.
📈 Emphasizing the enduring advantages and tax benefits of the whole life insurance approach.
🔄 Advocating for asset diversification and combining 401(k) plans with whole life insurance.
🌐 Highlighting the significance of financial education, long-term planning, and exploring unconventional wealth-building methods.
💬 Don't miss this insightful episode! Tune in and discover valuable strategies to empower your financial journey! 🎧
Eunice and Lee Johnson are visionaries behind Value Investment Partners (VIP). Their mission is to partner with like-minded individuals and families looking to build generational wealth through investing in alternative assets and empowering individuals to achieve wealth.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“One could probably do it all by themselves, but you get things done faster when you come from the team concept. And that also introduces sharing.”
- Lee Johnson
“Whole life insurance or cash value insurance that has been set up appropriately for your needs is going to cater for that. You are going to enjoy both living benefits as well as death benefits.”
- Eunice Johnson
Books Mentioned: 401(k)haos
Lee’s previous episodes:
Ep 44 | Leveraging Your W2 To Build The Confidence And Capital To Invest Passively with Lee Johnson
Ep 45 | Your W2 Is Your Addiction: Make A Plan, Copy The Wealthy & Bet On Yourself w/ Lee Johnson
Connect with Eunice and Lee!
You can find them on
Website: https://www.valueinvestmentpartners.com/
Instagram:
https://www.instagram.com/passivereipros/
https://www.instagram.com/eunice.lebo_johnson/
LinkedIn: Lee Johnson | LinkedIn
Eunice Johnson | LinkedIn
Email: eunice@valueinvestmentpartners.com
Office: 571-444-8474
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this flashback Friday episode of the Share The Wealth Show, Dexter Jenkins shares and explores the tension between building wealth and being holy, and examines how individuals can navigate this intersection to align their financial decisions with their religious values.Dexter B. Jenkins is a faith-based financial mentor who spent more than two decades in the financial services industry. He is passionate about helping families build generational wealth with easy-to-implement steps. A popular speaker on the topic of wealth building God’s way, he is an authority on faith and finance. As Senior Pastor of Fellowship Christian Church in Boston and Managing Partner of Dominion Real Estate Holding, LLC, he sensed early in life that teaching financial literacy was his calling. Through what he coins the “SHIP Method,” Jenkins shows people how to get out of debt through stewardship; create a legacy through entrepreneurship, and learn strategies on real estate ownership. There’s no question that his integrity, wisdom, and wealth-building philosophy is a voice needed today.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[01:10-06:35] Who is Dexter Jenkins- How he started sharing faith principles and wealth-building at the same time- Having a balanced life- living at the intersection of faith and financial[06:36-11:36] Building Wealth vs Being Holy- Start with scripture- In Genesis Chapter I: God said Gold is good- Franchise yourself- How can you not be successful financially if you're being productive - Wealth was seen as wicked while Poverty was seen as being Pious and Holy.[13:22-16:20] Subconscious Beliefs- How being raised in the church formulated our subconscious beliefs when we're young- What wealth means in the Bible- Money is not the root of all evil but the love of money.[16:21-20:34] The Great Commandment- Dexter answers the question: Is trying to be wealthy loving money?- What we should love?- How wealth is created- Some people in the bible like Abraham and Solomon are rich but still have a vibrant relationship with God.[20:35-26:11] How Dexter integrated and implemented his financial knowledge with teachings in the Church- Dexter shares the Four Pillars of their church- God had a vested interest in you and I being successful- Ways how to integrate Faith and Finances[26:12-30:15] Nicole talks about her time when she had to manage her expenses from one paycheck to another, and the steps she took to overcome that situation.[30:16-37:25] The Year of Getting Started- Why you should start and take actions- Importance of having multiple streams of income [37:26-37:26] Closing SegmentWatch out for part of our conversation with Dexter!Quote" Money wasn't our idea, it was His" - Dexter Jenkins"God had the vested interest in you and I being successful" - Dexter JenkinsConnect with Dexter!Website: https://www.dexterbjenkins.comInstagram: https://www.instagram.com/dexterbjenk... LinkedIn: / dexterbjenkins Facebook: / dexterbjenkins ___________________________________________Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast...
In today's Flashback Friday episode of the Share The Wealth Show, we welcome back Albrey Grimsley as she shares about syndication investing and the role it plays in building others' dreams 😬She also highlights the significance of💪🏾 teamwork💪🏾 creating a legacy💪🏾 the appeal of instant gratification💪🏾 market cycles💪🏾 and more valuable insights!Albrey is CEO of Life Legacy Capital, which is a privately held investment company, as Commercial Real Estate investor and Managing Partner at Synergy Paradigm Capital, she has gained a wealth of knowledge in commercial real estate acquisitions and asset management. This has led to extensive operating knowledge and intimate understanding of each of the submarkets in which SPC acquires property. In addition, this allows SPC to identify underperforming assets and solve the root issues that represent a significant value-add play as investors.✨While creating mentorship opportunities through her organizations, community partnerships, and serving as a former collegiate coach for over a decade, her leadership has led to building champions in their respective professional fields and communities. 💪🏾Her passion for adding value to others has led to her creating the Build Your Bank educational network that encourages individuals to BUILD YOUR BANK.🏦
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[1:45 - 9:40] Syndication investment- Syndication as a passive investment - How syndication can truly help build someone else's dream- Building a network, adding more value while building more capital- Adding value to others and showing how to deploy capital in a different ways- Difference between an operator and a passive investor- Syndication is a long-term game- Remember to Do what you love and love what you do[11:28 - 15:27] Network & TeamworkHow parents should encourage and support their childrenWhy do people like instant gratificationKYP - Know Your PersonnelThe importance of having a network and teamwork.[15:28 - 22:30] The Final Questions- Albrey on diversification- Monopoly game: Choosing between Baltic Avenue and Boardwalk- What does Wealth mean to Albrey[22:35 - 29:07] Closing Segment- Albrey's plan for her businesses and the biggest resource needed to get there- Consumer mindset to entrepreneur/investor's mindset- Investing in future education, employment, legacy- Building a network to add more value to them so they can also build their bank.- LEGACY means Life, Education, Grace, Abundance, Compassion, and Youth- How to get in touch with AlbreyKey quotes:" People like instant gratification. Because they want a solution to how to do better the next time, so they don't mess up twice." - Albrey Grimsley
"My freedom and philanthropy for me isn't always about giving more capital, it's about giving more time capital so that we can grow and be well and wealthy together. " - Albrey GrimsleyConnect with Albrey!Instagram - @lifelegacycapitalLinkedIn - / albreyg Websites:Wealthfit - https://wealthfit.com/Mindvalley - https://www.mindvalley.com/Life Legacy Capital - https://lifelegacycapital.podia.com/Build Your Bank - https://lifelegacycapital.podia.com/b...___________________________________________Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast...
Ep 87 - In this episode of the Share the Wealth show, we are delighted to have Standice Rumph return as she elaborates the business opportunities arising from the integration of real estate and mental health services.
🌐 Developing a platform to connect industries:
Standice shed light on how she bridges gaps in Housing & Mental Health.
Creating a unique platform to link real estate investors and mental health professionals, Standice envisions a harmonious collaboration that addresses critical community needs.
🚀 Expanding services and properties:
Standice's success story unfolds as she expands her real estate portfolio, encompassing single-family homes and even venturing into the world of Airbnb.
With an eye on the future, Standice now sets her sights on establishing an assisted living facility, demonstrating her commitment to meeting diverse community needs.
🎧Tune in and discover how this innovative approach not only addresses housing challenges but also contributes to community well-being.
Standice Rumph is the Chief Executive Officer for Benevolent Family Services,LLC located primarily in Hampton, Virginia, and operating since 2012. She also owns and operates properties throughout Hampton Roads that service the needs of individuals with mental health issues. Standice is responsible for managing the upkeep of BFS’s Trauma Informed Care practices through an array of programs for adults and children with severe and chronic mental illnesses and possible co-occurring disorders. These individuals often face issues with food and shelter, thus creating the need for her 501c3 non-profit organization affectionately named
after her daughter, Kennedy’s Quest. The organization provides housing vouchers and food to individuals in need.
Understanding that individuals cannot work to resolve issues with their mental health without their basic needs being met, Standice purchased a 15 unit motel in 2020 at the peak of the pandemic to house her demographic while shelters were closed. Opening in January 2022, the motel has been able to temporarily house over 100 individuals.In her spare time, Standice serves as a committee member in the Portsmouth Alumnae Chapter of Delta Sigma Theta Sorority, Incorporated where she has been an active member since 2010. Beyond all her professional roles, her greatest title is mother to her two sons, Derrick and Dylan who remind her every day what love truly is.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Wealth means freedom, freedom to decide what you want your life and your impact on the world to look like.” - Standice Rump
Connect with Standice!
You can find her on
Website: www.benevolentfs.com
Instagram: https://www.instagram.com/stanlpc_re/?hl=en
Tiktok: https://www.tiktok.com/@stanlpc_re?lang=en
Office: 757-755-3253
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this flashback Friday episode of the Share The Wealth Show, Albrey Grimsley shares her wealth of knowledge about treasury management, index options, building a bank educational network, and so much more!Albrey is CEO of Life Legacy Capital, which is a privately held investment company, as Commercial Real Estate investor and Managing Partner at Synergy Paradigm Capital, she has gained a wealth of knowledge in commercial real estate acquisitions and asset management. This has led to extensive operating knowledge and intimate understanding of each of the submarkets in which SPC acquires property. In addition, this allows SPC to identify underperforming assets and solve the root issues that represent a significant value-add play as investors.In addition to being an entrepreneur, she has a strong background in facility management, real estate, education, and sports. She is well-versed in nonprofit capital leadership, mentorship, public speaking, event hosting, and commercial real estate investments. She is the owner of the nonprofit, Like It R Love It Inc, which houses the L.I.F.E Sports Academy program and operates in several locations within the United States and abroad.Her passion for adding value to others has led to her creating the Build Your Bank educational network that encourages individuals to BUILD YOUR BANK.Tune in now and don't miss out on this impactful episode!________________________________FREE Discovery call for The Microfamily Investing Acceleratorhttps://calendly.com/noirvest/themicr...________________________________[05:01-09:39] Who is Albrey Grimsley?- Why she started to become an entrepreneur- What having an "investor's mindset" is and how she takes on control of her day with it- W2 job as a capital partner- Leveraging capital partner- Getting paid to do what she loves to do while leveraging capital through investing[09:40-16:42] Reinvesting Capital- Albrey's take on the emergency fund as a "success fund"- Capital cash- Index options & Treasury Management- Importance of having the time to learn first- Tony Robbins[16:43-19:32] Investment Options- Investing without fees- 401k- Being well and wealthy- Network teamwork- Cashflow lifestyle[19:33-22:33] Index Options and Treasury Management Strategies- Knowing the type of capital you're willing to invest- Safety and speed is knowing what you have that you can use and deploying it as your capital.[22:33 - 32:33] Build L-E-G-A-C-Y- Building networks to start and see how it works before diving into the first step.- Know your needs, wants, and desire.[38:43-39:33] Closing Segment- Watch out for part 2 of our conversation with Albrey!Takeaways"Build a legacy. and legacy for me is, L is for life, let's invest in future education and employment. E is for education. The G is for grace. I try to always lead with grace because you never know someone's situation. The A is for abundance and the C is for compassion. And the Y is for you. So, I try to get back as much as possible with my time." - Albrey GrimsleyConnect with Albrey!Instagram - @lifelegacycapitalLinkedIn - / albreyg Websites:Wealthfit - https://wealthfit.com/Mindvalley - https://www.mindvalley.com/Life Legacy Capital - https://lifelegacycapital.podia.com/Build Your Bank - https://lifelegacycapital.podia.com/b...___________________________________________Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Ep 86 - In this exciting episode of the Share the Wealth Show, Standice Rumph shares her inspiring journey of transforming her first motel into Mental Health Housing. 🏨➡️🏡
Building wealth through real estate and mental health services
- Standis shares how she purchased a motel in Newport News, VA and transformed it into transitional housing for her mental health clients, allowing her to triple the revenue of her counseling business.
Purchasing a motel and transforming it
- Standis details the owner financing terms for purchasing the motel for $435k, and spending $175k on renovations during COVID challenges. She houses homeless clients referred from hospitals through her nonprofit.
🎧 Tune in to this episode for an insightful journey with Standice Rumph and Nicole, exploring the intersection of real estate and mental health.
Standice Rumph is the Chief Executive Officer for Benevolent Family Services,LLC located primarily in Hampton, Virginia, and operating since 2012. She also owns and operates properties throughout Hampton Roads that service the needs of individuals with mental health issues. Standice is responsible for managing the upkeep of BFS’s Trauma Informed Care practices through an array of programs for adults and children with severe and chronic mental illnesses and possible co-occurring disorders. These individuals often face issues with food and shelter, thus creating the need for her 501c3 non-profit organization affectionately named
after her daughter, Kennedy’s Quest. The organization provides housing vouchers and food to individuals in need.
Understanding that individuals cannot work to resolve issues with their mental health without their basic needs being met, Standice purchased a 15 unit motel in 2020 at the peak of the pandemic to house her demographic while shelters were closed. Opening in January 2022, the motel has been able to temporarily house over 100 individuals.In her spare time, Standice serves as a committee member in the Portsmouth Alumnae Chapter of Delta Sigma Theta Sorority, Incorporated where she has been an active member since 2010. Beyond all her professional roles, her greatest title is mother to her two sons, Derrick and Dylan who remind her every day what love truly is.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“If it is not your wheelhouse, don't do it because you're wasting time and money.”
- Standice Rumph
Connect with Standice!
You can find her on
Website: www.benevolentfs.com
Instagram: https://www.instagram.com/stanlpc_re/?hl=en
Tiktok: https://www.tiktok.com/@stanlpc_re?lang=en
Office: 757-755-3253
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this flashback friday episode, we have Vontenea Stokes is the CEO & Co-Founder of Secure Living, a financially regulated real estate funding platform. The company’s mission is to make real estate investing more affordable and accessible to the average household; while at the same time, providing alternative funding to real estate professionals. As a real estate investor, she experienced firsthand the challenges of getting started with real estate and acquiring the capital to do so. Vontenea recently ditched her comfy 9-5 to focus all her energy on creating more equitable investment opportunities for the average person. This year, Secure Living became registered with the SEC and is a member of FINRA. Vontenea has a background in marketing and communications and has managed multi-million-dollar product assortments. This experience supports her in managing and facilitating the capital raise for real estate deals on Secure Living’s website.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:00 - 20:13] The importance of understanding the legalities and regulations behind offering real estate investment opportunities
- The background and current work of Von Stokes, CEO of Secure Living, a real estate focused funding portal that helps real estate professionals and investors find capital through individual investments or crowdfunding methods
- The mission of affordability and accessibility in real estate investing, and how Secure Living helps make it possible for the average person to invest in real estate
- The personal story of Von Stokes' journey into real estate investing, starting with a family-funded investment shortly after college that paid off his student loans and led to the creation of Secure Living \
[20:14 - 30:38] The crowdfunding platform supports both debt and equity opportunities
- The platform is flexible and allows for the issuer to choose the type of security that fits their company best (debt, equity, profit sharing, convertible notes)
- Convertible notes allow for debt to be converted into equity at a specified time in the future
[30:39 - 37:57] Real estate securities and crowdfunding
- They are currently in a phase of relationship building, reaching out to potential investors and sponsors
- They mention that with crowdfunding, they are able to raise funds from non-accredited investors and advertise publicly, whereas with traditional funds and syndications, only accredited investors can participate and it is not publicly advertised
- They mention that when registering on their website, there is a requirement to indicate whether the individual is accredited or not, with different investment limits for each
[37:58 - 45:18] Closing Segment
- The final questions
- Investment strategy should be scalable
- You need to be healthy and insane enough to, to do something with it
- Wealth is generational. Having something that you can pass down, having a solid foundation
- What’s next for Vontenea?
Key Quotes
“So we don't show favoritism, one or the other.” - Vontenea Stokes
“Wealth takes on a lot of different facets.” - Vontenea Stokes
Connect withVontenea Stokes
through securelivingrei.com. Follow her on Instagram, Facebook, LinkedIn
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Ep 85 - In today’s Share The Wealth Show, we are thrilled to have Brianna Mulzac and Tyrell Taylor back once again to delve deeper into the facets of their multifaceted business. The duo will be elaborating on their experiences in navigating the realms of short and mid-term rentals, managing Turo cars, and employing digital marketing strategies.
Tune in 🎧 to discover the secrets behind their success and glean actionable strategies that can benefit your own business endeavors.!
Briana Mulzac, a dynamic entrepreneur from Brooklyn, has emerged as a trailblazer in the home and car rental industry, excelling on platforms like Airbnb and Turo. Over the past year, her business has achieved significant success, boasting a six-figure gross revenue. Briana's success is attributed to her passion for hospitality, business acumen, and commitment to providing exceptional rental experiences. Her ability to identify unique properties and quality vehicles, coupled with a focus on customer satisfaction, has set her apart in the competitive market. Briana's deep roots in the Brooklyn community and dedication to local businesses and sustainable tourism make her a respected figure. Looking forward, Briana envisions expanding her business and continues to inspire aspiring entrepreneurs with her story of passion, innovation, and hard work in the evolving landscape of home and car rentals.
Tyrell Taylor, a former Division 1 basketball player turned entrepreneur, draws on the teamwork and resilience ingrained in his basketball career for his ventures. As the founder of BLVCK Market Agency, he leads a team focused on creating innovative marketing experiences by merging creativity with data-driven strategies. Tyrell specializes in the sharing economy, collaborating with partner Brinana Mulzac to bring innovation to platforms like Airbnb and Turo. Beyond business, he is recognized as a visionary leader, inspiring others with his commitment to excellence and genuine support for their success. Tyrell's brand is synonymous with ambition, resilience, and an unwavering pursuit of excellence across basketball, the boardroom, and the sharing economy.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Wealth to me is Freedom and being able to help other people.” - Brianna Mulzac
“Wealth is an abundance of choice, great health, and the ability to influence.” - Tyrell Taylor
Connect with Brianna and Tyrell!
Beginners Guide to Turo E-book
Master Link to our Airbnb Rentals
Link to Briana's Car Rentals on Turo
You can find Brianna at
LinkedIn https://www.linkedin.com/in/briana-taylor-mulzac-72094aaa/
Instagram https://www.instagram.com/brianamulzac/?hl=en
Tiktok https://www.tiktok.com/@brianamulzac?lang=en
You can find Tyrell at
LinkedIn https://www.linkedin.com/in/tyrell-taylor/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this flashback Friday episode, we welcome back Andrew Jessup as he shares how he has been able to use multiple avenues to make money. He explains how he and his business partner Greg earned almost a million dollars in their first 11 months despite having no prior experience. He also dives into how good customer service and strategic partnerships are key for a successful business, as well as the importance of taking calculated risks and learning foundational knowledge before taking the plunge into entrepreneurship. Finally, Andrew gives advice on how to use social media effectively, hosting paint and sip nights, and investing in books that can provide valuable information. Discover the many ways you can make money with Andrew's inspiring story of success!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:00 - 07:15] From Negative Net Worth to Six Figures:
- Currently making monthly money in real estate
- Worked as a paid magician, DJ, and blackjack dealer/player
- Moved to DC area and started flipping houses with current business partner
- Started JG Atlantic Capital for real estate operations and JG Roofing and Construction for roofing operations
- Made almost a million dollars in gross revenue in 11 months without prior experience
- Found most contractors lack good salespeople and customer service skills
[07:16 - 14:25] From W2 to Oil Leases: How One Person Learned to Leverage Multiple Streams of Income
- Greg moved in a different direction and started a tech company, Jess Technologies
- JG Oil and Gas was started on vacation in South America
- Oil leases allow the landowner to get 25% of the money and the leaseholder to get 75% of the money
- JG Oil and Gas was formed as a C corporation to be able to divvy out shares and sell portions of the company
- Shares were sold at a premium, allowing JG Oil and Gas to have $0 out of pocket cost
[14:26 - 21:47] Andrew's Story: Learn, Implement, and Grow - The Key to Success in Multiple Industries
- Recurring revenue streams are a focus
- Co-founder and CTO of Capital Energy Solutions, which sets up electric vehicle charging stations across the country
- Working on a product with Jessup Technologies for the gaming industry related to cryptocurrency
- Network formed from previous organization has led to various successes
- Education is important, but implementation is key
[21:48 - 34:20] Closing Segment
- The final questions
- Diversification is for investors who don't know what they're doing
- Wealth means freedom of choice, leaving a legacy, controlling destiny, and having multiple streams of income
- The one thing needed to take business to the next level is up to the individual
- What’s next for Andrew?
Key Quotes
“Your network is your network.” - Andrew Jessup
“Wealth is having your name on the building, you know, you, you controlling your destiny, having multiple streams of income, having access to pay.” - Andrew Jessup
Connect withAndrew Jessup
through theturquoisecup.com, capenergyinc.com, royalfamdjs.com. Follow him on Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Ep 84 - Join us today at Share The Wealth Show as Brianna Mulzac and her partner Tyrell Taylor share their inspiring transformative journey from full-time employment to the flourishing realm of the car rental business. 💥
Tune in 🎙️ and be inspired as Brianna and Tyrell unfold the roadmap that guided them to build a successful business – a testament to the possibilities that await those with passion and perseverance!
Briana Mulzac, a dynamic entrepreneur from Brooklyn, has emerged as a trailblazer in the home and car rental industry, excelling on platforms like Airbnb and Turo. Over the past year, her business has achieved significant success, boasting a six-figure gross revenue. Briana's success is attributed to her passion for hospitality, business acumen, and commitment to providing exceptional rental experiences. Her ability to identify unique properties and quality vehicles, coupled with a focus on customer satisfaction, has set her apart in the competitive market. Briana's deep roots in the Brooklyn community and dedication to local businesses and sustainable tourism make her a respected figure.
Tyrell Taylor, a former Division 1 basketball player turned entrepreneur, draws on the teamwork and resilience ingrained in his basketball career for his ventures. As the founder of BLVCK Market Agency, he leads a team focused on creating innovative marketing experiences by merging creativity with data-driven strategies. Tyrell specializes in the sharing economy, collaborating with partner Brinana Mulzac to bring innovation to platforms like Airbnb and Turo. Beyond business, he is recognized as a visionary leader, inspiring others with his commitment to excellence and genuine support for their success. Tyrell's brand is synonymous with ambition, resilience, and an unwavering pursuit of excellence across basketball, the boardroom, and the sharing economy.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Some people are afraid to lose money especially in investments but for us risk-takers, we understanding the realm of investments and we embrace the risk of it. For us the risk-to-reward ratio is not just a metric; it's a guiding principle. We thrive on navigating through the uncertainties, emerging on the other side with a profound appreciation for the process” - Brianna Mulzac
“ Sometimes you don't know what the end goal is, you just need to know your next step. And then before you know it, you've taken 10 steps and you're further than where you were when you took that first step.” - Tyrell Taylor
Connect with Brianna and Tyrell!
Beginners Guide to Turo E-book
Master Link to our Airbnb Rentals
Link to Briana's Car Rentals on Turo
You can find Brianna at
LinkedIn https://www.linkedin.com/in/briana-taylor-mulzac-72094aaa/
Instagram https://www.instagram.com/brianamulzac/?hl=en
Tiktok https://www.tiktok.com/@brianamulzac?lang=en
You can find Tyrell at
LinkedIn https://www.linkedin.com/in/tyrell-taylor/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life.
In this Flashback Friday episode, we have Andrew Jessup. He is the Vice President and Chief Technology Officer for Capital Energy Solutions. He studied computer science at Rutgers University and brings over 22 years of experience in software engineering, business strategy, and management to Capital Energy. He has an extreme passion for technology and renewable energy and is excited about the future of the EV movement. As a serial entrepreneur, Mr. Jessup brings experience from various industries including construction, tech, real estate, online retail, insurance, and entertainment.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:00 - 07:34] From Video Games to Real Estate
- Entrepreneurial spirit and mindset not from anything parents said or did
- Started the Micro Family Investing Accelerator mentorship program
- Focused on five to 20 unit properties for micro family investing
[07:35 - 14:32] From Lawn Care to Lockheed Martin: The Journey of Andrew and Mania's Business Success
- Started a lawn care business at age 7/8
- Saved money from business to buy a car when he turned 17
- Graduated with degree in computer science and math from Rutgers University
- Worked at Lockheed Martin, the world's largest defense contractor
- Joined an organization called Prepaid Legal (now Legal Shield) to sell legal insurance product
- Learned about marketing, sales, and personal development through this organization
- Investing in personal development is invaluable
[14:33 - 21:12] Discovering the Benefits of Personal Development and Avoiding Shiny Object Syndrome
- Country Club was a way to gain knowledge from people who were successful without actually knowing them
- Surrounding yourself with people who are where you want to be in the future is important
- Regular activities with friends can be replaced with activities that focus on growth and development
- Commuting for a 9-5 job can be draining and unfulfilling
- Multiple Streams of Income by Robert Kiyosaki introduced the concept of making money through banks
- Banks take your money for free and give a poor return
[21:13 - 28:18] From Reading a Book to Making $92,000 in One Day: How One Entrepreneur Found Success in His Twenties
- Participated in Legal Shield selling legal insurance memberships
- Learned to be a DJ from reading a book
- Discovered Casino War and won $4,000
- Developed card counting simulator to test strategies
- Made $92,000 in one day playing blackjack professionally
[28:19 - 35:29] Unlocking Your Potential: From Buying Houses to Becoming a Professional Musician and Magician
- Bought several single family homes and used the BRRR strategy (buy, rehab, rent, refinance)
- Also a professional closeup magician and read books on sleight of hand to help with interpersonal skills
- Uses FORM (family, occupation, recreation, motivation) acronym when talking to people
- Took a personal development course called LA Landmark Education
[35:30 - 39:17] Closing Segment
- Watch out for part 2 of our conversation with Lee!
Key Quotes
“You have to run your own race.” - Andrew Jessup
“Money is exchanging hands between people, so you have to learn how to interact with people.” - Andrew Jessup
Connect withAndrew Jessup
through theturquoisecup.com, capenergyinc.com, royalfamdjs.com. Follow him on Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Ep 83 - In today's episode of the Share The Wealth Show, we are delighted to welcome back Brittany Rose and Kelani Blackwell, founders of Women in Real Estate (WIRE). Join us as they generously impart their priceless wisdom on the compelling topic of "Breaking Barriers and Building Bridges: Pioneering Women In Real Estate."
🏡 Brittany Rose and Kelani Blackwell shared their pre-WIRE real estate journeys, underscoring the transformative impact of WIRE that served as a catalyst for personal and professional growth.
🤝 Exploring their real estate investing backgrounds, they emphasized the importance of building a formidable brand, leveraging networks and harnessing collective power to drive positive changes within the industry.
💬 Addressing vulnerability, they stressed the creation of a safe space within the community, identifying common needs, providing opportunities, and prioritizing value creation.
🚀 Overcoming fear and discomfort, they highlighted the value of community support and the platform WIRE provides for sharing experiences, offering encouragement, and fostering a sense of empowerment.
🔥 Don't miss this inspiring episode! Tune in to gain valuable insights and encouragement from these trailblazing women in real estate.
___________
Kelani is a seasoned connector and consultant in the real estate industry, with a reputation for her expertise in people, processes, and technology. She began her career in Las Vegas, where she served as the COO of a successful fix and flip operation and full-service residential brokerage. During her time there, Kelani oversaw over 1000 transactions and 400 renovations, generating millions in revenue for investors. She then made the transition into commercial real estate, joining the global firm CBRE with a focus on multifamily investment property sales, where she became a strong advocate for diversity, equity, and inclusion, particularly in the commercial real estate space.
Brittany is a social impact trailblazer. Her personal mission is to help eliminate one of the biggest wealth gaps, by supporting women in the creation of generational wealth.
After many years as a real estate professional concurrently, she saw an opportunity to pivot her 15 years of experience into the the formation of a real estate consultancy that has a vision to help individuals buy, sell, and invest in real estate around the world.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
"Wealth is definitely synonymous with Legacy. I view it in contrast being rich. I think there are a lot of people who might be rich but not have built wealth. Wealth is long-lasting, it holds power and it holds power over generations." - Brittany Rose
“I think wealth for me is creating an environment and generations to come where my family or people that have been impacted by me.I've been able to impart in them wisdom that I've learned. Lessons that I've learned that Empower them to be able to live a life of choice."- Kelani Blackwell
Connect with Brittany & Kelani!
W.I.R.E Website https://joinwomeninrealestate.com
You can find Brittany on
Linkedin https://www.linkedin.com/in/brittanymrose/
Instagram https://www.instagram.com/b.theboss/?hl=en
You can find Kelani on
Linkedin https://www.linkedin.com/in/kelanib/
Instagram https://www.instagram.com/kelanib/?hl=en
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
Most people decided to invest in apartment buildings as a strategy to build wealth. I know I do. But I didn't factor enough weight into the effect of a bad appraiser into the equation. You'd expect real estate professionals to be just that... professional, well informed of their local market trends and looking to do the most reliable fair unbiased job they can.The financial future of people's families and livelihoods hang in the balance!If your strategy is like mine, Refi & Roll (use equity from appreciation of one property to purchase the next one), then having a fair valuation is pivotal in your ability to execute that strategy.Listen in to find out the disaster my partner and I experienced and how we were able to still push through and find the silver lining.If you haven't yet subscribed to our parent podcast Share The Wealth Showsubscribe to this channel!
________________________________Interested in investing in small multifamily?Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks Check out our podcast website!Thesharethewealthshow.com
In this Flashback Friday episode, we have two inspiring guests, Ade Papoola and Thomas Passante, who have used their own strategies to build businesses and create wealth. Ade Papoola is often regarded as an inventory hound, Ade Popoola has found and moved several million dollars worth of off-market Multi-family real estate over the past 3 years. He is known for his ability to find discounted off–market deals which are very hard to come by. Thomas Passante is the Managing Director. Thomas is able to offer the opportunity to be part of a firm that features a distinguished team in Wealth Management, Insurance and Group Benefits. Thomas is a Registered Representative dedicated to helping Individuals, families, businesses owners, and high net worth real estate professionals develop and achieve financial goals. Through their stories, they emphasize the power of having a positive outlook and pushing past fear in order to reach goals. They discuss how to protect and grow wealth for a legacy for future generations, removing noise and avoiding negative opinions in order to achieve success, and how negative opinions can sometimes come from a place of love. Tune in for helpful tips and advice on achieving success through setting goals, forming positive habits, and more!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:00 - 08:56] Escaping the Racial Wealth Gap: How Minority Professionals Can Achieve Abundance Through Mindset[08:57 - 17:27] How to Overcome Noise and Achieve Success: A Guide to Building Confidence and Avoiding Self-Doubt [17:28 - 26:56] Overcome Fear and Grow Your Business with Repetition and Mindset Mastery [26:57 - 35:40] Reprogram Your Mind: How to Tap Into Calmness and Avoid Anxiety, Self-Doubt, and Depression [35:41 - 44:37] Reprogram Your Subconscious Mind: How To Find the Positive in Trauma and Change Your Perception of Failure [44:37 - 31:51] Closing SegmentThe final questionsIf you're not diversified appropriately, you probably will be paying more taxes than you should be.Boardwalk is the most expensive property and Baltic is the cheapest in MonopolyWhy wealth goes way past monetaryWhat’s next for Thomas and Ade?Key Quotes “We hold ourselves accountable to meet expectations that are wrong to start with.” - Ade Papoola“Through trial and error is the best way to grow as an individual.” - Thomas PassanteConnect with Thomas PassanteWebsite: https://www.natfin.net/Facebook: / thomas.passante Connect with Ade PapoolaFacebook: / kpops90 Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast...
Ep 82 - Today's episode of the Share The Wealth Show features a special discussion with the visionary founders of Women in Real Estate (WIRE), namely Brittany Rose and Kelani Blackwell. In this engaging conversation, they will explore the crucial themes of empowering women within the real estate industry and fostering a culture that encourages authenticity among professionals. They also delve into the following topics:🏢 Workplace Challenges and Advocacy 💇♀️ Hair Discrimination and Societal Beauty Standards in Workplace🌟 Authenticity in Professional Settings:🌈 Childhood Experiences and Personal Growth⚖️ Balancing Work and Lifestyle🏡 WIRE Community Building:🤔 Clubhouse Hesitations and Mission Statements👏 Admiration and Support for Nicole🎧Join us as we delve into insights and perspectives that not only elevate the voices of women in real estate but also emphasize the importance of genuine and authentic representation in this dynamic field.___________Kelani is a seasoned connector and consultant in the real estate industry, with a reputation for her expertise in people, processes, and technology. She began her career in Las Vegas, where she served as the COO of a successful fix and flip operation and full-service residential brokerage. Brittany is a social impact trailblazer. Her personal mission is to help eliminate one of the biggest wealth gaps, by supporting women in the creation of generational wealth. While in college Brittany started her first company which she grew to a staff of 19 people with a large client base in DMV (Dc, Maryland, Virginia) area. After many years as a real estate professional concurrently, she saw an opportunity to pivot her 15 years of experience into the the formation of a real estate consultancy that has a vision to help individuals buy, sell, and invest in real estate around the world. ________________________________Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks Check out our podcast website!Thesharethewealthshow.com Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv ________________________________Key Quotes:“I think there is a spot between hustle culture and lifestyle culture and a spot in between is Grace. It's like it's God's area. It's what you're meant for what is for you that you can't get to that just by whole hustling. There's nothing in my life that I could have done to deserve the blessings that I've got.” - Brittany Rose“We know a lot of people that have a lot of money and are very unfulfilled. So, my goal is to be happy, my goal is happiness. I want nice things. I want a lot of things, money is a resource. It's a resource not the source. And so you knew when you sit back and you ask yourself, what am I hustling this hard for? And, that's why it's so important to be clear on your purpose in your lives.” - Kelani BlackwellConnect with Brittany & Kelani!W.I.R.E Website https://joinwomeninrealestate.com You can find Brittany on Linkedin https://www.linkedin.com/in/brittanymrose/ Instagram https://www.instagram.com/b.theboss/?hl=en Facebook https://www.facebook.com/1brose/ You can find Kelani onLinkedin https://www.linkedin.com/in/kelanib/Instagram https://www.instagram.com/kelanib/?hl=en Tiktok https://www.tiktok.com/@itskelanib?lang=en ___________________________________________Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikkior Visit her website https://noirvestholdings.com
Most people decided to invest in apartment buildings as a strategy to build wealth. I know I do. But I didn't factor enough weight into the effect of a bad appraiser into the equation. You'd expect real estate professionals to be just that... professional, well informed of their local market trends and looking to do the most reliable fair unbiased job they can.The financial future of people's families and livelihoods hang in the balance!If your strategy is like mine, Refi & Roll (use equity from appreciation of one property to purchase the next one), then having a fair valuation is pivotal in your ability to execute that strategy.Listen in to find out the disaster my partner and I experienced and how we were able to still push through and find the silver lining.If you haven't yet subscribed to our parent podcast Share The Wealth Showsubscribe to this channel!
________________________________Interested in investing in small multifamily?Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks Check out our podcast website!Thesharethewealthshow.com
In this Flashback Friday episode, we welcome back Lee Johnson as he discusses the importance of doing thorough background checks and due diligence when vetting potential sponsors and investments, as well as investing with a long-term plan in mind.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:00 - 12:35] Building Generational Wealth Preservation of capital is the first rule of the gameHow compound interest can grow Building a portfolio of assets to offset active income with passive incomeConducting business under an entity (LLC) instead of personal name [12:36 - 19:25] Investing in AssetsBecoming a paper millionaire by investing in assets rather than liquidating themLeveraging Hyatt legal plan to set up wills, living trusts, and irrevocable trusts Protecting assets with family office and taking out low interest loans against them [19:26 - 24:19] Why Your W2 Today is Your Addiction?Breaking addiction to a steady paycheck and benefitsWhy we should execute a goalBuilding up other streams of income for safety net [24:20 - 31:51] Closing SegmentThe final questionsDiversifying income sources to create a safety netBuying real estate (Boardwalk) and adding houses for big payouts when people land on it in MonopolyWealth means being able to call your shots on your own timing Needing a person in marketing to take business to the next level What’s next for Lee?Key Quotes “You have to be doing more than just raising capital in order to be in compliance with the SCC rules.” - Lee Johnson“The first rule of the game is preservation of capital.” - Lee JohnsonConnect with Lee Johnson!valueinvestmentpartners.comLinkedIn / passivereipros Instagram / value_investment_partners Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here:https://podcasts.apple.com/us/podcast...
Ep 81 - Ever wondered about the crucial role discontent plays in achieving dreams and ambitions?Join Nicole in this captivating solo episode of the Share The Wealth Show, as she discusses the role of discontent in achieving dreams and ambitions, encouraging you to take risks and step outside of your comfort zone.🎧 Listen in on this episode for an encouraging perspective on embracing discontent for personal and professional growth!Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth.________________________________Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks Check out our podcast website!Thesharethewealthshow.com Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv ________________________________Key Quotes:“I think discontent is the fuel that fires the engine to push your dreams, for your drive, for your ambition, for you wanting a future of abundance for you, your family, or whoever else is in your circle. And discontent is basically that rumbling. I feel like it’s the only true way to push you forward.” - Nicole Pendergrass“No one who has an abundant lifestyle now, no one who achieved great things, did so by doing anything that was safe or anything that was within the lines or within the box. You have to take a little bit of risk in order to help yourself grow.” - Nicole Pendergrass___________________________________________Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikkior Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Real Estate investing is a long game. But most new investors are so eager for that first deal, they don't ever stop to think in more detail about their long term strategy. One of the foundational decisions is determining your strategy...--Do you prefer cash flow over appreciation? --Are you investing for generational wealth so appreciation is primary?--Are you willing to sacrifice a little cash flow upfront to implement a value-add plan and force equity first?--Do you have steady income from another source (ie your job) to sustain you while your investments are cash flow light at the beginning?There are so many questions but they all come back to your why. Your why determines your strategy and your strategy determines your buy box and market.Tune in to hear my strategy and how it's helping me grow my portfolio!If you haven't yet subscribed to our parent podcast Share The Wealth Showsubscribe to this channel!________________________________
Interested in investing in small multifamily?Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks Check out our podcast website!Thesharethewealthshow.com
In this Flashback Friday episode, we have Lee Johnson. As the Co-Founder and Vice President of Value Investment Partners (VIP), Lee is responsible for implementing strategic methods to grow VIP and help partners grow their wealth using various alternative investment strategies that allow leveraging money and time, conducting and monitoring project due diligence He has been investing in real estate since 2005 through multifamily, private lending and rehabbing residentials properties. His focus now is passive investing through real estate syndications and active multifamily investing.His current portfolio spans multiple markets around the country – over 2800 units valued at about $334 million. As both an active and passive investor, his approach to business is “Being an investor FIRST” which simply means he only shares investment opportunities that he also invests in himself. He is a driving force for embodying creative use of alternative investment strategies, building generational wealth, and empowering people to achieve wealth.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:00 - 17:06] How He Started in Real EstateHow watching Carlton Sheets helped him start in Real EstateHow Sally Maid became an integral part of his lifeHow purchasing his first house made it work it for him How he starting flipping new houses[17:07 - 19:26] Things That The Government Wants You to doWhy they want you to create jobsWhy they want you to build housingUnderstanding how income is generated [19:27 - 24:32] Meetups or Mentorship Programs?Trusting yourself and accelerating your earning potentialHe shares how he uses a checkbook I.R.AWhy it’s an opportunity to be in a multifamily real estate [24:33 - 42:23] How Do People Get Started?Why learning is importantHow the real estate bootcamp got him startedThe importance of due diligence Why when you’re investing in as an L.P., you’re collecting cash flow distributions [41:35 - 48:49] Closing Segment Watch out for part 2 of our conversation with Lee!Key Quotes “If you create jobs, you're gonna be in a very good situation.” - Lee Johnson“if you trust yourself and you put it into a great system, you'll be able to accelerate your earning potential.” - Lee JohnsonConnect with Lee Johnson!Visit valueinvestmentpartners.comFollow him on LinkedIn / passivereipros Instagram / value_investment_partners ____________________________________________Let’s get connected! You can find Nicole on LinkedIn / nicole-pendergrass Instagram https://www.instagram.com/nvestornikk...Facebook / nvestornikki or Visit her website https://noirvestholdings.com LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.https://podcasts.apple.com/us/podcast...
Ep 80 - In today's episode of The Share the Wealth Show, we're thrilled to have David Ball back once more, guiding us through the intricacies of real estate and wealth creation in a post-pandemic landscape. They explore the:
🏡 Real estate, finance, and wealth-building topics.
📉 Insights into the COVID-19 impact on the market and the current housing inventory.
🧘 Emphasis on mindfulness in real estate decisions and the significance of financial literacy.
🔍 Underscores the need to critically evaluate information from social media.
💬 Discussion on generational wealth and the importance of a long-term strategy.
🎧 Don't miss this enlightening episode! Tune in and discover valuable insights to navigate the evolving landscape of real estate and wealth-building post-pandemic.
David is a Navy veteran who turned a heartbreaking event into becoming one of the most trusted voices online in homebuyer education. His loan was declined 2 weeks before he and his fiancé were scheduled to close on their home (6 weeks before their wedding). Although tragic at the time it became a fortuitous fork in the road. He went all in on learning mortgage guidelines, becoming the ultimate home buyer educator so no one would have to experience what he went through. Seven years later David is one of most versed real estate professionals around when it comes to breaking down housing market news and mortgage guidelines. He’s been a licensed loan officer, mortgage underwriter and Realtor helping 100s of people become educated 1st time homebuyers off-line in real life too.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“It's important to diversify things, whether it's like real estate, whether it's investing in your stock portfolio. You wanna diversify your portfolio, real estate, stocks, because you never know what's gonna be up or what's gonna be down.”- David Ball
“ Wealth is money plus knowledge, the combination of those two things is what actually generates wealth. And everyone, let's talk about a generation of wealth is the key word. Bu,t you need money, you need knowledge to establish generation wealth.” -David Ball
Connect with David!
Socials:
https://www.instagram.com/houserichdave/
https://www.tiktok.com/@houserichdave
https://www.youtube.com/@Homebuyingtips
https://www.linkedin.com/in/daveballjr/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
I often get the age-old question... How do you find small multifamily deals?
There are so many different ways to find deals outside of a broker or the MLS, but there is one thing in common with finding and successfully acquiring deals... establishing relationships.
Whether its a relationship with the seller directly, with the broker who can push your offer to the forefront, to a property manager/lender/attorney or anyone else in your investing circle. I don't go through all the different ways to find deals, but I do outline my own experience and how I found 3 of my small multifamily deals... and all 3 came from 3 different modalities!
Check it out to find out more and get some insights!
If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to this channel!
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here: https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
In this Flashback Friday episode, we have Jamilah N. McCluney. She started Black Wealth Financial after learning some very important money lessons the hard way. Being completely clueless as to how credit cards, mortgages, or 401ks worked, she found herself making horrible money moves and financial decisions, which would ultimately impact her financial future in a very real way. The process of dealing with money is very personal to Jamilah and she often sees a similarity and feels a connection with her clients no matter where they are along their financial path.
She earned a Bachelor of Science degree in Psychology from Howard University and believes that her background in behavioral science helps her understand how people think and feel in regards to their personal debt and finances. Jamilah's goal is to eliminate her clients' anxiety around money and to proactively and quickly get them out of debt, and on the path to living their best financial lives. She's been dedicated to this pursuit for nearly a decade and sees herself more as a financial coach and strategist. Her action plans are very hands-on and she's not afraid to speak the hard truths and realities when it comes to you and your money.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[1:00 - 15:31] Escaping the Racial Wealth Gap and Building an Abundant Life* How she started her own business, Black Wealth Financial, after learning some important money lessons the hard way * How her business focuses on teaching people how to build and protect their wealth through strategies such as buying and selling commercial properties, investing, and diversifying their portfolios * Why clients should be their own bank, so they can earn their own interest
[15:32 - 29:37] The Power of Life Insurance* The benefits of life insurance, including the ability to use it to reduce taxes paid over one's lifetime and to invest in assets that will provide tax advantages * One of the key benefits of life insurance is that it allows you to borrow against the policy, which can be useful for real estate or other cash-producing investments * The current market conditions are causing many people to rethink their retirement plans and invest elsewhere
[29:38 - 41:34] How to Handle When Your Money Goes Down Quickly in the Stock Market* There are a variety of ways banks can make money from selling life insurance policies * There are also advanced strategies where people sell off their life insurance and then use the money to invest in other assets, such as real estate or stocks * Why it is recommended to save 15-20% of one's income to benefit oneself in the long term, whether that be in the form of real estate or other investments
[41:35 - 48:49] Closing Segment * The final questions * Why ignorance will make you miss out on opportunities * Jamilah shares her strategy in choosing between Baltic Avenue and Boardwalk with the Monopoly game * What’s next for Jamilah? * Connect with Jamilah!
Key Quotes
“To have the ability to pay cash is a flex.” - Jamilah N. McCluney
“The biggest thing you wanna do is grow first yourself.” - Jamilah N. McCluney
Connect with Jamilah N. McCluneythrough www.GetBlackWealth.com. Follow her on
Ep 79 - Welcome to another exciting episode of The Share the Wealth Show! Today, we welcome back David Ball as he shares his real estate journey and expertly guide us through the intricacies of the mortgage maze. This episode highlights Dave B's personal setback, transitioning from lender to mortgage broker, and his mission to demystify home-buying complexities. 🏠💡
Don't miss out on this another impactful episode full of insights and valuable lessons! 🎙️
David is a Navy veteran who turned a heartbreaking event into becoming one of the most trusted voices online in homebuyer education. His loan was declined 2 weeks before he and his fiancé were scheduled to close on their home (6 weeks before their wedding). **Although tragic at the time it became a fortuitous fork in the road. He went all in on learning mortgage guidelines, becoming the ultimate home buyer educator so no one would have to experience what he went through. Seven years later David is one of most versed real estate professionals around when it comes to breaking down housing market news and mortgage guidelines. He’s been a licensed loan officer, mortgage underwriter and Realtor helping 100s of people become educated 1st time homebuyers off-line in real life too.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:“If I can get, if I'm getting declined by my own number, I can't imagine how other folks out here are being treated. At that point, I was like, hey, I'm going to be the, like the best lender there is. Like I'm going to read the guidelines. I'm going to learn how to do, I'm going to learn about the economy. I'm going to be like the best person out there. I want to be the person that I wished I would have met as a first time, second time, third time home buyer that can break down and explain this process.” - David Ball
“Why do you want to own a home? Like that's very important. Like you're buying a home just because some folks said, hey, generation of wealth, buy a home. Is that why you buy a home? It's important to establish like what your goals are, not what somebody in the break room said, not what somebody said on the internet was a cool thing to do.” - David Ball**
Connect with David!
Socials:https://www.instagram.com/houserichdave/
https://www.tiktok.com/@houserichdavehttps://
www.youtube.com/
@Homebuyingtips
https://www.linkedin.com/in/daveballjr/
___________________________________________
Let’s get connected! You can find Nicole on
LinkedIn
Think investing in multifamily is flowers and rainbows???
Just remember... flowers grow from the dirt and rainbows come after rain.
The multifamily industry is starting to go through a rough patch in the market cycle, but if you can tough it out and fight through, there is definitely sunshine and growth on the other side.
Check out this episodes to hear how unexpected vacancies are affecting - not only our portfolio - but the market as a whole, what we're doing about it and how you can best position yourself to hedge against this issue.
If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to this channel!
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here: https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
In this Flashback Friday episode, we welcome back Ardranae Byer who shares that going private is a better option because you "can take 'em off the platform if you Want." She also discusses the pros and cons of being under the Touro umbrella versus doing it privately. She also shares that the pros of Touro are their protection plans and that they are supposed to screen the people before they're allowed on the platform. The cons of Toro are that they sometimes don't give you all of your money, and that they are more interested in the renter than the owner.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[1:00 - 05:20] Black Professionals in the Industry* Ardranae Byer discusses how she turned her focus to real estate and how it's helped her escape the gap * She shares that she's currently working on transitioning out of her full-time job and into a part-time remote position * How she's planning to retire in the next six months and leave the real estate industry altogether
[05:21 - 09:52] Getting into the Car Rental Industry* Ardranae shares how her niece saw the author's car on Touro and reserved it before the author even knew it was him or her * She recommends going private over using Touro because you are directly to customer and have more control over your business
[09:53 - 18:40] Tips of Being Under Touro* Why she strictly financed her car under her name * The pros is that they take care of you, for the most part * The cons are you having to split your profits
[18:41 - 26:09] Closing Segment * The final questions * Why in diversification there should always some type of diversity, in every aspect of life so you can learn * Ardranae shares her strategy in choosing between Baltic Avenue and Boardwalk * What’s next for Ardranae? * Connect with Ardranae!
Key Quotes
“When you direct the customer, everything is on you, the insurance. So you have to go and get the proper insurance.” - Ardranae Byer
“It is important that we always stay learning” - Ardranae Byer
Connect with Ardranae Byer through https://brokenhousesllc.com. Follow her on Instagram
Let’s get connected! You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Ep 78 - Welcome to another exciting episode of The Share the Wealth Show! Today, we are delighted to have David Ball join us as our guest, where he will share a wealth of knowledge on the real estate market.
In this engaging conversation, Nicole and David delve into various aspects of the real estate landscape, mortgages, and the current economic environment, covering the following key points:
🏘️ Exploring the recent alterations in down payment requirements for multi-family residential properties.
💼 Highlighting the benefits of opting for conventional loans over FHA loans.
💹 Analyzing the impact of inflation on interest rates and its repercussions.
📊 David elucidates the historical backdrop of interest rates and explains why waiting for significantly lower rates may not be a prudent approach.
💰 Stressing the significance of setting specific goals and devising a customized budget that aligns with individual circumstances when contemplating a home purchase in 2024 or 2025.
📈 Discussing diverse predictions regarding future home price trends, with varying forecasts ranging from slight decreases to moderate increases.
Don’t miss out as David provides invaluable insights into the real estate market and the multitude of factors influencing it, empowering potential homebuyers to make well-informed decisions. 💡
David is a Navy veteran who turned a heartbreaking event into becoming one of the most trusted voices online in homebuyer education. His loan was declined 2 weeks before he and his fiancé were scheduled to close on their home (6 weeks before their wedding). Although tragic at the time it became a fortuitous fork in the road.
**He went all in on learning mortgage guidelines, becoming the ultimate home buyer educator so no one would have to experience what he went through. Seven years later David is one of most versed real estate professionals around when it comes to breaking down housing market news and mortgage guidelines. He’s been a licensed loan officer, mortgage underwriter and Realtor helping 100s of people become educated 1st time homebuyers off-line in real life too.
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Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:“What should you do in the in the in the future when it comes to to buying a home? It really depends on your specific scenario but I don't want you to be afraid of the market because rates are like the fives or sixes and if the numbers still work for you. It's all about establishing your what I could call like your, your why? Like why are you buying a home in the 1st place, like establishing those goals there, establishing a proper budget when it comes to buying home.” - David Ball
“There's markets within the markets and typically whatever, like the the bottom of the market is wherever you're at that market, there's always going to be competition no matter what rates are because home prices are continuously going up, but like wages aren't going up and so home prices are going up. So, there's less and less people that are able to afford what's on the market. So if you you're looking more in the middle to maybe the higher end or whatever the market is your your local area, that's where there's more...**
Were you sold on commercial multifamily because you can "control the value"???
YEARS of reading books, attending REIAs, bootcamps, meetups, joining masterminds and hiring mentors and I NEVER heard it was done like this.
5+ units is the hard line for commercial residential multifamily... right? Shouldn't all the rules be the same? Well tune in if you want to hear what I discovered when buying my first commercial property.
It's crucial for you to know how your market does valuations for certain unit count ranges... your profit potential and entire business plan is riding on it!
If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to this channel!
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here: https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Sometimes we have to let things come naturally to us, instead of giving up.
In this Flashback Friday episode, we have with us real estate investor and CEO of Broken Houses LLC & Driven USA LLC Ardranae Byer. At the age of 19, Ardranae and a friend started Aries Entertainment. An entertainment company who managed local hip hop and reggae artist. After graduating college , Ardranae wanted to try something new. In 2008 she started IKONS Media Group, Inc and launched the first national publication for queer women of color. IKONS Magazine sold over 10,000 copies and gained an online viewership of over 500 views per day. The demand of running a successful publication and online community and still working a full time job became overwhelming for Ardranae and she decided to stop the publication at the 5th issue.
Five years after closing the doors of IKONS Magazine, Ardranae stumbled and fell into the real estate business. Ardranae saw how ownership could potentially lead her into an early retirement. Since 2016, she purchased one property a year in an effort to supplement her income. In 2018, Ardranae was introduced to the art of wholesaling real estate. Since then Ardranae went on to close over 12 wholesale deals and profit over $80,000 in assignment fees.
Currently, Ardranae still invest in Real Estate in the Rochester, NY area. She also runs a successful wholesaling company called Broken Houses, LLC based in New Jersey. As if that is not enough, you can also rent cars from Ardranae through her private rental company called, Driven USA, LLC.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[1:00 - 16:56] Who is Ardranae Byer?* Ardranae Byer is a serial entrepreneur and has a nine-to-five job as an engineering inspector for Con Edison in New York City * She started her first business with a ghost friend in college, creating an entertainment company that lasted about a year * She discusses how her experience with managing talent and creating Icons Magazine helped her learn more about herself and how to be an entrepreneur
[16:57 - 22:25] Making Money in Real Estate by Wholesaling* Ardranae shares how she experienced difficulty making money from their magazine, and eventually decided to transition into real estate. property instead of buying the actual property * Real estate was the next thing that she tried, and he was successful in buying and renovating two properties * She then started looking for more properties, and found that wholesale was a good way to make money
[22:26 - 25:26] Investing on Education
* Why we love to invest in our education but still do nothing later
* Not wanting the cold calling
* Not researching on your partner
[25:27 - 28:04] Wholesales Performance
* Performing Note- There are risks to consider such as early payoff or they stop making their payments monthly.
* Non-Performing Note - In the event that payment stopped, you can take foreclosure action or you can take possession of the property and sell it as is so you are getting the return on your investment
[25:27 - 30:24] Closing Segment* Watch out for part 2 of our conversation with Ardranae!
Key Quotes
“I didn't look for the next thing. I didn't look up ways to make money. I didn't do any of that. I just wanted it to come to me naturally. Just like icons came to me in entertainment.” - Ardranae Byer
“Like they see the money, right?...
Ep 77 - Welcome to another insightful episode of the Share the Wealth Show podcast!, In this episode, we welcome back our special guest Christian Beyer, and we're diving deep into the world of setting up systems and automating investment strategies, particularly in the competitive real estate market.
Here's a sneak peek of what you can expect:
🏡 The importance of identifying key parameters in real estate investment to make quick and informed decisions.
🤝 The value of having a trustworthy broker who can act swiftly to secure good deals.
🌆 Understanding the local market thoroughly to make informed choices.
💼 Building a well-vetted team, including lenders, property management companies, and brokers, to ensure success.
🤝 The role of emotional intelligence and transparent communication in selecting the right team members.
🏦 The significance of community banks in vetting your team and how they can add value to your investment strategy.
🌍 A heartfelt discussion on the importance of diversity, inclusion, and belonging in a larger community.
❤️ The role of personal experiences and values in contributing to the mission of sharing wealth and working together for the betterment of humanity.
Don't miss out on this thought-provoking conversation with Christian Beyer, and join us on a journey to financial success!
Christian Beyer is a husband, father, real estate investor, and full time W2 as a Senior Manager in customer logistics for the world's largest consumer health company. He graduated from Penn State University with degrees in Mechanical Engineering and Supply Chain with roles spanning production, operations, and customer service that have taken him all over the world from Puerto Rico, to London, to India and now back to Phoenixville, PA where he lives with his wife Stephanie and their 2 children. Christian's portfolio consists of 30 units in the state of Pennsylvania, LP investments in Dallas, TX, and is a General Partner on syndicated deals in Louisville, KY and Allentown, PA.
In his limited spare time, Christian enjoys playing golf, going to bible study, and vacationing in the Pocono mountains or the Jersey shore. His passion for education and networking has offered him opportunities to act as the professional development advisor for the Penn State Chapter of Engineers Without Borders, a mentor for the Penn State Mechanical Engineering Mentorship Society, and as a speaker at local real estate meetups.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“The most important thing for me was identifying what are the key parameters that can be identified really quickly to allow you to make decisions without what I would say overthinking or you know, paralysis by analysis” - Christian Beyer
“Diversification not only helps to avoid the major pitfalls that come along with, you know, the unforeseen, but it also protects you against not being invested in something that goes to the moon. Like, there's there's a protection there that people think of. ” - Christian Beyer
Connect with Christian!
Linkedin https://www.linkedin.com/in/christian-beyer-0325301b/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
In today's market, I've heard one too many horror stories about multifamily operators loosing their Earnest Money Deposits (EMD) for numerous reasons... and these aren't small checks either (think multiple hundreds of thousands!). It's even worse when you lose the money of your passive investors/limited partners in the deal!
So when exactly does your EMD turn from refundable to nonrefundable?
When's the last point you can get your EMD back?
What should you NEVER do (unless you find a serious red flag)!
Listen in for answers to these and tips on how to protect yourself!
If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to this channel!
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here: https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
We all need to think about very carefully to prevent us from comparing ourselves, because then that can make us not grateful for what we actually have accomplished already.
In this Flashback Friday episode, we have Nicole Pendergrass. She is a wife, mom, full time W2 employee and real estate entrepreneur, with current multifamily holdings along the East Coast. She started her investing journey with no money, no credit and no connections but through taking action and pushing through obstacles, she built her credit and savings to finally purchase a 3 family house-hack. Leveraging mentorships, she systematically grew her portfolio and networth by redirecting her equity and retirement account into purchasing more multifamily properties.
Experiencing the power of multifamily led her on a mission to help others experience the same. With two toddlers in tow, she founded her REI company, Noirvest Holdings, with the mission to close the gap by helping minority professionals build wealth passively by investing into 'privileged' multifamily cash-flowing assets. She loves reading, growth and personal development and hosts a free book club which meets weekly to discuss personal and business development oriented-books. In her downtime you can find her watching Teenage Mutant Ninja Turtles, Kids YouTube or playing games with her daughters.
Nicole loves connecting with like-minded individuals and believes we all should have access and opportunity to live with abundance.
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Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:01 - 04:44] How to Reflect on Your Accomplishments and Be Grateful * The importance of reflecting on where you have come from and not looking forward to where you are not yet * Why it is important to plan out your goals strategically and not just focus on the final outcome * By reflecting on your journey, you can appreciate the progress you have made and stay motivated throughout the process
[04:45 - 11:25] Why Mindset Matters* Achieve bigger goals with a "bigger attitude," even if your ambitions change over time * How to stop and think about what you've accomplished in the past, as well as what you want to accomplish in the future * Why we should control comparison, or the tendency to compare one's own progress to that of others
[11:06- 18:10] Gratitude fosters success* It's important to focus on what you've accomplished, rather than comparing yourself to others. This will help you be grateful for what you have, and avoid frustration and disappointment * It's important to practice gratitude, by looking at how far you've come in the past. This will help you maintain a positive attitude and be less likely to get frustrated with setbacks
[18:11- 26:26] Closing Segment * Book Recommendation: * Everyone Can Be A Superhero: To order the book and get FREE coloring pages https://noirvestholdings.com/kidsbook/ * Upcoming Event: * The Legacy Wealth Playbook Summit FREE tickets http://www.legacywealthplaybooksummit.com/ * Connect with Nicole!
Key Quotes “Your goal is a moving target, it's going to change but in the meantime to enjoy the process and not be frustrated continuously with what you have not yet done.” - Nicole Pendergrass
“Successful...
Ep 76 - In today's episode of the Share the Wealth Show, we welcome Christian Beyer, who will delve into a fascinating topic that promises to elevate your understanding of success and innovation:
🔗 Learn how networking and team-building are essential for thriving in the real estate industry.
🌍 Explore the freedom of being location-independent, opening doors for project work from anywhere.
💼 Partnering with others can provide that extra financial boost for down payments and entry into larger projects.
🤝 Collaboration not only leads to increased income but also exposes you to diverse perspectives and expertise.
🏆 Take on more complex ventures by joining forces with other investors, reaping financial benefits and fresh insights.
🔥 Join us for an enlightening conversation that explores the dynamic synergy of diverse viewpoints, the magic that happens when different minds come together, and the steps you can take to propel yourself, your team, and your projects from good to great.
Christian Beyer is a husband, father, real estate investor, and full time W2 as a Senior Manager in customer logistics for the world's largest consumer health company. He graduated from Penn State University with degrees in Mechanical Engineering and Supply Chain with roles spanning production, operations, and customer service that have taken him all over the world from Puerto Rico, to London, to India and now back to Phoenixville, PA where he lives with his wife Stephanie and their 2 children. Christian's portfolio consists of 30 units in the state of Pennsylvania, LP investments in Dallas, TX, and is a General Partner on syndicated deals in Louisville, KY and Allentown, PA.
In his limited spare time, Christian enjoys playing golf, going to bible study, and vacationing in the Pocono mountains or the Jersey shore. His passion for education and networking has offered him opportunities to act as the professional development advisor for the Penn State Chapter of Engineers Without Borders, a mentor for the Penn State Mechanical Engineering Mentorship Society, and as a speaker at local real estate meetups.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“What you need to do to get to the next level is you need to build a team. You need a team of people who know more than you do.” - Christian Beyer
“We all have the same number of hours in a day. You, me and Beyonce all have 24 hours in a day, right? So the only way to increase the number of deals that you see and the number of opportunities that you can come across is to increase the number of people in your network who are thinking about you when they're thinking about their projects.” - Christian Beyer
Connect with Christian!
Linkedin https://www.linkedin.com/in/christian-beyer-0325301b/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn
If you're new to multifamily investing, maybe you've joined a mentorship group that teaches you to say this as part of your elevator pitch.... let me tell you... don't do it! It's the scarlet letter announcing how new you are to anyone who experienced. We smell it a mile away!
If you want to get in to commercial multifamily investing, especially on a smaller scale... watch this episode to find out what you should NOT do!
And if you haven't subscribed to our parent podcast Share The Wealth Show yet, then subscribe to this channel!
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website! Thesharethewealthshow.com
In this Flashback Friday episode, we welcome back Lorraine Millington as she discusses the benefits of purchasing non-performing loans and doing due diligence before purchasing those notes. Lorraine shares her experience in a recent loan where she and her joint venture partner was able to get a high roi on the note. She also talks about building business with brokers, mentors, and the bank and the importance of having knowledge of the basics of notes.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:01 - 05:29] Benefits of Purchasing Non-Performing Loans
* Check out part 1 of the interview with Lorraine!
* Non-performing loans are secured by a hard asset
* There is a potential to pick up properties under market value
* Doing due diligence to make sure the value of the asset supports the debt being purchased
[05:30 - 11:06] Experiences in Passive Paper Investing
* Did a joint venture with a client who wanted to start in note investing
* After doing a close on the loan found out the initial borrower was still making payments
* Discovering that the ROI on the loan is continuing to increase
* Importance of always asking the seller for information
[11:06- 16:05] Where to Purchase Notes
* Look for brokers, mentors, or coaches who have great relationships with banks
* Banks are looking for purchasers who can solve the problem of getting that asset of their books
* Make sure you have an accredited investor and enough money in the bank
* Importance of having knowledge of what notes are and JV partners
[17:30- 26:09] Closing Segment
* The final questions
* Diversification as being a protection against ignorance is that we can't believe that one stream, one strategy is going to blow it up for us. We have to make sure that we have our eggs in different baskets
* Lorraine shares his strategy in choosing between Baltic Avenue and Boardwalk
* What’s next for Lorraine?
* Connect with Lorraine!
Key Quotes “A non-performing loan can definitely be an option for you. But then also, if someone is looking for passive income opportunities, and maybe the stock market is a little bit too volatile for you, maybe the cryptocurrency market is, is a little too volatile for you. Cuz those are two of my better examples of a more passive paper income type of strategy.” - Lorraine Millington
“The debt is still the debt, and you know, we're, we're not necessarily going to adjust that or modify that.” - Lorraine Millington
Connect with Lorraine Millington through www.melaninhomes.com
Follow her on LinkedIn https://www.linkedin.com/in/lorrainem... and
subscribe to their Youtube channel / @melaninhomes
Contact her at +1 440-305-5195
Let’s get connected! You can find Nicole on LinkedIn, Instagram, or Facebook.
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant...
Ep 75 - Welcome to another episode of the Share the Wealth Show! In today's episode, we welcome back Kofi Thompson as he continues to share insights on financial objectives, addressing spending habits, and the process of eliminating credit card debt. We'll also explore the remarkable transformation of one of his clients, whose net worth improved from a daunting -$50,000 to an impressive +$200,000 over a span of four years. We'll place particular emphasis on the profound impact of making small adjustments to one's financial habits when it comes to building wealth.
Additionally, Kofi will engage in a discussion regarding the concept of "banking on yourself" by utilizing whole life insurance policies to enhance financial flexibility. Lastly, we'll delve into the significance of cultivating a positive mindset and maintaining belief in one's ability to achieve their financial aspirations.
Don’t miss out this episode and explore the strategies, lessons, and mindset shifts required to not only conquer financial struggles but also leave a lasting legacy for future generations!
Kofi Thompson works with First-generation wealth creators helping them accomplish their goals with more clarity and intentionality. As a comprehensive financial advisor. He helps his clients build, manage,protect, and transition wealth allowing them to follow a defined path to turn their dreams into realities.
Growing up Kofi was impacted by many financial traumas his parents faced while growing up in section 8 housing. In his early 20’s reality struck and after his father passed away from cancer he came to the conclusion that no one should pass off debt instead of wealth. After this and realizing much of financial pain people had was caused by misinformation and miseducation it became his mission to serve and heal the financial lives of other.
He believes the problems we face today can’t be solved with the same way of thinking that got us there so he uses his knowledge to take nuanced approaches to find solutions to many different types of financial problems. Outside of his business he is also a competitive powerlifter holding a Virginia state dead lifting record, a yogi, book nerd, cyclist, and podcaster Host of the Show Breaking the Glass Ceiling where he helps his audience grow spiritually, emotionally, physically, mentally, and emotionally.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Getting to the point where you can believe that you can achieve this is so important.” - Kofi Thompson
“ Sometimes it does require you to take a little risk getting out of your comfort zone, because that's where we truly grow. And you really got to, you know, spend some time with yourself, you know, whether it be journaling, getting around the right people and like doing all these things so you can have the right mindset, to continue to make progress on your journey.” - Kofi Thompson
“Make sure that you are paying attention to your health because like, a rich man wants 10,000 things, but an unhealthy man wants one thing.” - Kofi Thompson
Connect with Kofi!
You can find him on
Instagram: https://www.instagram.com/kofithecreator/
Facebook: https://www.facebook.com/kofi.thompson.27/
Linkedin: https://www.linkedin.com/in/kofi-thompson/
or visit his website https://www.zioncapital.us/
Free Financial Plan: https://us.planswell.com/discovery/adv-kofi
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Have you ever seen listings for multiple properties for sale as a package?
Getting ONE loan for the purchase instead of a different loan for each property saves so much time, energy and money... right???
Well there may be some things you need to consider before taking that route... tune in to find out what they are!
If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to this channel!
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:
Microfamily Mavericks Mentorship
Check out our podcast website!
Thesharethewealthshow.com
smallmultifamily #millionaire #newinvestor #investor #multifamily #invest #growwealth #lenders #banks #realestate #realestateinvestment #portfolio #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship
Investing in notes is a great way to let money work for you without needing to be involved with the technical aspect and day-to-day operations of it.
In this Flashback Friday episode, we have with us real estate entrepreneur, mortgage note investor, tax accountant, and mindset and performance breakthrough coach Lorraine Millington. She goes deep into the nitty gritty of mortgage note investing, the difference between performing and non-performing loans, and even shared a few steps on how you can get started.
As the Founder and CEO of Melanin Homes, Lorraine and her team specialize in passive income strategies through mortgage note investing nationwide. They work directly with investors who are looking for truly positive cash flow assets, highly competitive returns on their investment, and the opportunity to Become the BANK! As President and Owner of Melanin Tax Solutions, Lorraine is an enrolled agent providing tax, bookkeeping, and tax resolution services to individuals and small business owners to help clients resolve any audit inquiries, reduce their tax liability, effectively claim all applicable tax deductions and credits and stay financially organized. As a mindset and performance breakthrough coach, Lorraine helps people get out of their own way by removing the mental blocks and limiting beliefs that are keeping them stuck in what they are doing and preventing them from moving forward to who they should be BEING, to get what they really want for themselves and for their life.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[1:00 - 13:59] Who is Lorraine Millington?
She has always been around real estate and her family is within traditional real estate as well for a long time
She found an effective way to get engaged with real estate without having to deal with its day-to-day operations
Her turning point into turning to mortgage note investing is finding leverage in taking advantage of the opportunity and the fact that debt is not always bad
She worked with legal for a long time dealing with contracts and papers associated with mortgage note investing and tax professional
[14:00 - 20:28] What You Need To Know bout Mortgage Note Investing
Lorraine explained that mortgage note investing is buying the debt associated with the property instead of buying the actual property
It is a great way of letting money work for you and having passive Income with minimal involvement
She shared two ways of mortgage note investing
With mortgage note investing, you have freedom and control over the transaction that is kept in progress while also giving you the chance to profit.
[19:47 - 22:43] How to Get Started with Mortgage Note Investing
Lorraine suggested five checklists on how to get started;
[22:44 - 28:04] Performing Notes Versus Non-Performing NoteS
[28:05 - 28:49] Closing Segment
Watch out for part 2 of our conversation with Lorraine!
Key Quotes
“When someone goes to purchase or takes out a loan or a mortgage to purchase a property, they're not calling the bank and saying, hey, I have a leak in my roof. No, you're taking care of that yourself because you own that property.” - Lorraine Millington
“If you're listening and you have a little bit of capital to deploy, and you're really interested in something like this, really start educating yourself and aligning yourself with people who are already in this line or in this in this industry and kind of...
Ep 74 - Welcome to another impactful episode of the Share the Wealth Show! In today's episode, we are delighted to introduce Kofi Thompson, who will be exploring the question: "Is Wealth Building Possible Without Risk?" We will delve deep into the world of smart investment strategies, dissecting the ways that enable individuals to build financial prosperity while minimizing potential hazards.
Kofi Thompson works with First generation wealth creators helping them accomplish their goals with more clarity and intentionality. As a comprehensive financial advisor. He helps his clients build, manage,protect, and transition wealth allowing them to follow a defined path to turn their dreams into realities.
Growing up Kofi was impacted by many financial traumas his parents faced while growing up in section 8 housing. In his early 20’s reality struck and after his father passed away from cancer he came to the conclusion that no one should pass off debt instead of wealth. After this and realizing much of financial pain people had was caused by misinformation and miseducation it became his mission to serve and heal the financial lives of other.
He believes the problems we face today can’t be solved with the same way of thinking that got us there so he uses his knowledge to take nuanced approaches to find solutions to many different types of financial problems. Outside of his business he is also a competitive powerlifter holding a Virginia state dead lifting record, a yogi, book nerd, cyclist, and podcaster Host of the Show Breaking the Glass Ceiling where he helps his audience grow spiritually, emotionally, physically, mentally, and emotionally.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“I don't believe in like overnight millionaires, things like that. A lot of the habits you establish truly dictate where you're going to be down the road. .” - Kofi Thompson
“There should be alignment as to what you're doing and what you truly desire.” - Kofi Thompson
“When it comes to building wealth long-term, so much of it is just consistency in what you're doing. Just doing something like, they often say success is doing the things that other people won't do or doing the simple things consistently enough and for a long time..” - Kofi Thompson
Connect with Kofi!
You can find him on
Instagram: https://www.instagram.com/kofithecreator/
Facebook: https://www.facebook.com/kofi.thompson.27/
Linkedin: https://www.linkedin.com/in/kofi-thompson/
or visit his website https://www.zioncapital.us/
Free Financial Plan: https://us.planswell.com/discovery/adv-kofi
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
If you are a new real estate investor and you only think about going to a traditional bank to get a loan, it's a mistake to think all banks are the same!
There's a reason you need to "fit in the box" when you go to big box banks... if you don't know why, this episode is for you!
Banks are businesses and they each have different business models.
This is a quick listen if you wanna find out
* What some banks do to your loan after you close
* What to expect as a new investor going to a bank
* A quick tip on what to say/do to negotiate better terms
If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to our show!
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here
Check out our podcast website!
Joining a real estate syndication will allow you to leverage other people’s money and invest together in a property.
In this Flashback Friday episode, syndication attorney Gene Trowbridge, ESQ, CCIM sits down with us today to give expert insights on syndications and how to become a passive investor. He lists guide questions to ask an operator who's presenting an opportunity for you.
As a founding partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. He has represented over 650 clients in this area of practice. The median offering size is $3,000,000 but he has done individual offerings of over $6 Billion. His practice writes offerings under Rule 506b and 506(c) of Regulation D. As a former syndicator who for ten years raised investor capital through the broker-dealer community, he is able to communicate with his clients on both the technical and the practical aspects of state and federal securities laws. As a long-time CCIM and CCIM Senior Instructor, he has won numerous awards for his teaching ability. His book “It’s a Whole New Business!” is really a “how to manual” on real estate syndication.
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Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv ________________________________
[00:01 - 11:11] Who is Gene Trowbridge? 1. Gene talks about making great decisions on the kitchen table with his wife and the meaning of wealth 2. He discusses his background and how he ended up studying law at 45 and helping other people be good syndicators 3. His philosophy is to do a deal by himself first because he wants to make sure everything works before he starts to manage other people’s money 4. Last year, he sent 1,600+ K-1’s to his investors
[11:12 - 21:26] What You Need to Know About Syndication1. A syndication can be a great way for people to pool their resources and invest in a deal together 2. As a syndicator, it’s important that you figure out where the opportunities are and assemble a team that can capture those opportunities 3. Building your database of contacts is key 4. What he asks his clients who are interested in real estate syndication: 5. How did you get started? 6. What do you think is going to happen in the next three years with your business? 7. What advice do you have for rookies?
[21:27 - 26:53] Questions to Ask and Vet Sponsors1. What will happen to the capital if something happens to you? 2. There should be continuity 3. Never invest with an individual sponsor 4. Have you done this before? 5. Even if this is the sponsor’s first time, they should have something to bring to the table 6. Are you going to invest any money in this yourself? 7. If I need liquidity, how will you handle that?
[26:54 - 31:19] Becoming a Passive Investor1. Seek out education and be knowledgeable in real estate 2. Not everyone is equipped to be a syndicator and not every property should be syndicated. 3. The syndication business is a people business
[31:20 - 39:52] Closing Segment 1. The final questions 2. Spread the risk and get diversified 3. Gene shares his strategy in choosing between Baltic...
Ep 70 - Welcome back to the Share the Wealth Show! In today's episode, we have the privilege of sitting down with Avriel DuVerney an incredible entrepreneur whose journey is incredibly inspiring. Join us as we delve into the life and accomplishments of a remarkable Black woman rehabber who has not only broken barriers but also built a flourishing business in a male-dominated industry.
Avriel DuVerney is the real estate visionary on the path to redefine generational wealth for investors. As a 20-year veteran, now highly recognized real estate investor, Avriel owns Stone 2 Stone Solutions, Inc., a real estate business solutions and property management agency that specializes in driving revenue growth and increasing market share through strategic analysis, partnerships, acquisition/retention, and cost development.
On a mission to make real estate investing accessible to all, Avriel is leading the way in providing top tier education and coaching to new and rising investors. With her own fast-growing portfolio of properties, Avriel to date has been influential in securing and flipping over $2.6M in real estate. As the Conference host and the investing guru behind the new real estate investing course, Sidelines to Success – she will personally teach, coach, and support the new generation of real estate investors.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
https://thesharethewealthshow.com/
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Regardless to what life gives you and life may knock you down a couple of times, you still just get back up because as you go through real estate it's gonna be something that you're gonna have to endure, if you wanna stay in this game, because real estate is tough, entrepreneurship is tough.” - Avriel DuVerney
“I say to anyone that's going out here and you really and truly don't know, I'm telling you, you need to get a coach, you need to get a mentor, so, you don't make the same mistakes that some of us have already made.” - Avriel DuVerney
Connect with Avriel!
You can find her on
Linkedin https://www.linkedin.com/in/avrielduverney/
Facebook https://www.facebook.com/avriel.duverney
Instagram https://instagram.com/avriel4ev
Or Visit her website :https://s2ssolutionsinc.com/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Ep 69 - Welcome back to another engaging edition of the Share the Wealth Show! In today's episode marking the show's return after a period of hiatus, Nicole is eager to divulge captivating updates. Despite the show's temporary absence, Nicole's enthusiasm remains undiminished as she shares these exciting developments. Furthermore, she takes a deep dive into the concept of bootstrapping wealth - an approach that involves starting with minimal resources and gradually growing them.
Through her insights, Nicole aims to ignite a fresh perspective on wealth-building, encouraging you to view it through a novel lens. Her goal is to inspire you to unlock your inner Wealthpreneur, a term she uses to embody the spirit of an entrepreneur focused on creating and nurturing wealth.
Get ready to unleash your inner Wealthpreneur as Nicole inspires you on this journey!
Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth. Don't miss out on this incredible opportunity to unleash clarity and purpose in your life. Let Nicole's guidance and wisdom empower you to unlock your true potential!
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FREE Discovery call for The Microfamily Investing Acceleratorhttps://calendly.com/noirvest/microfamilymavericks
Surveyhttps://s.surveyplanet.com/c1xu5qdv
Website Episode:https://noirvestholdings.com/share-the-wealth-show-episode-69/
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Key Quotes:
“If we're starting from very little or nothing, and we're trying to build wealth, with wealthpreneurs,we can make it happen. Right? It's not impossible. It might seem daunting, but it's definitely doable and we can do it..” - Nicole Pendergrass
“If you think about it, like an entrepreneur at its core is someone who dares to dream beyond the ordinary and who takes risks and turns their ideas into reality.” - Nicole Pendergrass
“It's not just about starting a business, It's ultimately more about embracing a mindset that propels you forward, especially in the face of obstacles.” - Nicole Pendergrass
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Let’s get connected!
You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who...
Ep 73 - Welcome to the Share the Wealth Show! In today's episode,we welcome back Carline Cadet Francios as she continues to share her extensive expertise in residential assisted living and exploring the significant topics of investing for seniors and the crucial advice our children need to know to build their own wealth in the future.
Be sure to stay tuned for an enlightening conversation, this episode promises to be an informative and engaging conversation that you won't want to miss!
Carline Cadet Francios is a first-generation Real Estate Investor & ALF Mentor who empowers individuals to open and operate successful Assisted Living Facilities (ALFs). Her ALF owner and operator expertise guides clients in creating profitable and desirable environments. Through education and hard work, Carline helps others achieve generational wealth and make a positive impact. She is also the author of the book "Money Saving: Step by Step Guide on How to Open an Assisted Living Facility from Start to Finish," offering comprehensive insights for aspiring ALF owners.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
Carline’s book and free resources
https://carlinecadetfrancois.com/
________________________________
Key Quotes:
“In business, you're not going to know everything. You learn more as you go. So, if you're waiting to learn as much as you believe you need to learn, you're never going to get started.”
- Carline Cadet Francios
“I do believe being able to have multiple eggs in multiple different baskets is the way to go to build wealth and to leave generational wealth.” - Carline Cadet Francios
Connect with Carline!
You can find her on
Instagram: https://www.instagram.com/carlinecadetfrancois/
Or Visit her website: https://carlinecadetfrancois.com/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
In today's Flashback Friday episode, Brian Grimes joins us again to talk about creating an impact in the community. He continues to tell us about his mission to uplift C class neighborhoods and share wealth-building knowledge through coaching. He also offers his advice on how to establish trusts to protect your assets and how to remove yourself from your company by building simple systems. Do you want to build wealth for yourself and your family? You need THE
[00:01 - 08:42] There Are Infinite Opportunities Out There* Check out part 1 of the interview with Brian! * There are two things you need in real estate: money and knowledge * Why you need to tap into lenders when exploring C class neighborhoods * Brian on stepping away from his companies to focus on community development * Learn to build simple systems and delegate * When you pass knowledge to others, the outcome multiplies, and more people can create change
[08:43 - 15:26] The Importance of Having a Trust* Have the trust own the properties and the LLCs, and you be a trustee * The difference between having an existing LLC and creating the trust vs. starting off with the trust and then acquiring assets * Why you need to know about the straw man concept
[15:27 - 17:29] Welcome to the Club* You don’t need to know everything to be an investor * Being afraid means you are smart enough to know that you’re entering an unknown space
[17:30- 26:09] Closing Segment * The final questions * Millionaires are not made from diversification. They focused on one area first and once they became successful, then they diversified. * Brian shares his strategy in choosing between Baltic Avenue and Boardwalk * What’s next for Brian? * Connect with Brian!
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes
“If I'm good at anything in life, it's building systems and systems that don't break. The best systems, by the way, are simple. They're very scary simple because a simple system, you can magnify by a hundred. It won't break.” - Brian Grimes
“I don't believe there's competition in this game, right? There's so much inventory out there, there's so much opportunity that I give it all. I don't hold back any information.” - Brian Grimes
“You're going to have these different fears. But in reality, as the deal unfolds, you're just going to learn day by day, and you're going to get better, and you're going to get comfortable.” - Brian Grimes
Connect with Brian Grimes through LinkedIn, Facebook, Instagram, and YouTube.
Go to
**Ep 72 - Welcome back to the Share the Wealth Show! In today's episode,we have the pleasure of introducing Carline Cadet Francios as our guest. She will be sharing her remarkable journey, highlighting her deep passion for her business, and unraveling the concealed strategies that lead to success in the field of Residential Assisted Living.
Join as us we deep dive into the world of Residential Assisted Living, where individuals are not only driven by their passion for caregiving but also seek to attain financial success in the process!
Carline Cadet Francios is a first-generation Real Estate Investor & ALF Mentor who empowers individuals to open and operate successful Assisted Living Facilities (ALFs). Her ALF owner and operator expertise guides clients in creating profitable and desirable environments. Through education and hard work, Carline helps others achieve generational wealth and make a positive impact. She is also the author of the book "Money Saving: Step by Step Guide on How to Open an Assisted Living Facility from Start to Finish," offering comprehensive insights for aspiring ALF owners.
________________________________
Interested in investing in small multifamily?
Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?**
Take our survey: https://s.surveyplanet.com/c1xu5qdv
Carline’s book and free resources https://carlinecadetfrancois.com/
**________________________________
Key Quotes:“I have this weird thing once I see something that I want and I see how it can impact me, my generation and others, like there's no giving up. There's giving up and leaving it for later because there's obstacles?. That is not in my dictionary and I teach that to my children.” - Carline Cadet Francios
“ I think sometimes people are petty because they wanna sit back and laugh and see how many times this lady have to send an email or come back. But what they fail to realize is once this lady get what she wants, she gets her freedom and she makes the money that she wants to make. And you're still where you are.” - Carline Cadet Francios
Connect with Carline!You can find her on**
Instagram: https://www.instagram.com/carlinecadetfrancois/
Or Visit her website : https://carlinecadetfrancois.com/
___________________________________________
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW...
In this Flashback Friday episode, Brian Grimes shares how he quit his 9 to 5 to go full-time into real estate. His passion for providing housing to Americans led him not only to set up a successful business but also to bring high-quality homes at an affordable cost.
Brian K. Grimes, Jr. CFP® is an Ivy League-educated real estate entrepreneur and coach. Upon graduation from Columbia University in 2011, he embarked on a career in Financial Planning at AXA Advisors before transitioning to high-net-worth asset management at Bridgewater Advisors. In 2015, Brian launched his own real estate development company in his hometown of Philadelphia and has since gone on to gut-renovate 300+ rental properties across the country using the BRRRR strategy. He is raising his sons, Brian III and Tomas, in the Bronx with his wife, Zila Acosta-Grimes.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:
https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!
Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?
Take our survey: https://s.surveyplanet.com/c1xu5qdv
________________________________
[00:01 - 06:31] Who is Brian Grimes?
Brian’s mission: to help create impact and extend affordable housing into communities He started his career in financial planning after graduating from Columbia University, then into the real estate world Improving the quality of housing not only benefits the tenant but additional cashflow for the investor He founded the 24/7 Cashflow University teaching students how to escape the 9 to 5 job through real estate
[06:32 - 10:47] Creating Density Through Co-Living Spaces
Dentrification: Adding density back to the community by rebuilding a single property to a shared living units With this model, you are able to provide affordable and quality housing to people who cannot pay a full rent The property owner also benefits from the increased rent roll Brian discusses navigating the city ordinances and other considerations while setting up these spaces
[10:48 - 21:20] The Importance of Vision in Real Estate
Seeing opportunities where most people can’t Finding a solution to the affordable housing crisis in the C-class neighborhoods Brian goes to the nitty gritty of full gut renovations and how they are transforming these properties to be long-term assets Paying directly the cost of labor and materials cut down unnecessary expenses How Brian survived the pandemic and was able to scale in spite of the shortages
[21:21 - 28:03] Putting All Your Energy on Yourself
Some millionaires invest not expecting a high return but a steady return without losing capital Here’s the reason why Brian decided to go full-time into real estate and quit his 9 to 5 job at 30 You don’t have to be a millionaire to get into real estate, you can start small
[28:04 - 28:50] Closing Segment
Watch out for part 2 of our conversation with Brian!
Key Quotes
“When you're in a real estate game, and you've gone through some market cycles, you'll start to understand this stuff and that there are times where credit is available. And people are lending and doing 80% cash out refinance, and then things can tighten up in a heartbeat. So you have to stay pretty liquid. Keep your ear to the ground and know what's going on in a macro level.” - Brian K. Grimes
Connect with Brian Grimes through LinkedIn, Facebook, Instagram, and YouTube. Go to 24/7 Cashflow University and check out their newsletter, webinars, and more.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Ep 71 | Welcome back to the Share the Wealth Show! In today's episode, we welcome back Avriel DuVerney as she continues to impart her invaluable insights. In this conversation, we will unravel the secrets behind successful property rehab projects, where precision in selecting contractors meets the art of fostering unwavering loyalty within your construction team.
Property rehabbing isn't merely about transforming structures; it's a harmonious blend of vetting the right professionals to do the job and ensuring they are committed to the project's success. These two pillars, contractor vetting, and building team loyalty, are the cornerstones of thriving in the competitive world of property rehabilitation.
Join us as we explore the intricacies of these essential practices that will empower you to rehab like a true boss!
Avriel DuVerney is the real estate visionary on the path to redefine generational wealth for investors. As a 20-year veteran, now highly recognized real estate investor, Avriel owns Stone 2 Stone Solutions, Inc., a real estate business solutions and property management agency that specializes in driving revenue growth and increasing market share through strategic analysis, partnerships, acquisition/retention, and cost development.
On a mission to make real estate investing accessible to all, Avriel is leading the way in providing top tier education and coaching to new and rising investors. With her own fast-growing portfolio of properties, Avriel to date has been influential in securing and flipping over $2.6M in real estate. As the Conference host and the investing guru behind the new real estate investing course, Sidelines to Success – she will personally teach, coach, and support the new generation of real estate investors.
________________________________
Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:https://noirvestholdings.kartra.com/page/microfamilymavericks
Check out our podcast website!Thesharethewealthshow.com
Want to leave feedback or suggestions on our show?Take our survey: https://s.surveyplanet.com/c1xu5qdv
Brand name of electrical panel Nicole mentioned you should look out for during property inspections - Primarily Federal Pacific Breakers but also look out for Zinsco and Challenger electrical panels
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Key Quotes:
“Wealth means the freedom to be able to do what I want to do. Wealth is not just the monetary side of it, but wealth is time and freedom.” - Avriel DuVerney
“I do think that diversification is important. I'm always trying to find something to diversify my portfolio, but I wanna make sure that they all make sense and they all can co-mingle together.” - Avriel DuVerney
Connect with Avriel!You can find her on
Linkedin https://www.linkedin.com/in/avrielduverney/
Facebook https://www.facebook.com/avriel.duverney
Instagram https://instagram.com/avriel4ev
**Or Visit her website:https://s2ssolutionsinc.com/
___________________________________________**
Let’s get connected! You can find Nicole on
LinkedIn
Ep 70 - Welcome back to the Share the Wealth Show! In today's episode, we have the privilege of sitting down with Avriel DuVerney an incredible entrepreneur whose journey is incredibly inspiring. Join us as we delve into the life and accomplishments of a remarkable Black woman rehabber who has not only broken barriers but also built a flourishing business in a male-dominated industry.
Avriel DuVerney is the real estate visionary on the path to redefine generational wealth for investors. As a 20-year veteran, now highly recognized real estate investor, Avriel owns Stone 2 Stone Solutions, Inc., a real estate business solutions and property management agency that specializes in driving revenue growth and increasing market share through strategic analysis, partnerships, acquisition/retention, and cost development.
On a mission to make real estate investing accessible to all, Avriel is leading the way in providing top tier education and coaching to new and rising investors. With her own fast-growing portfolio of properties, Avriel to date has been influential in securing and flipping over $2.6M in real estate. As the Conference host and the investing guru behind the new real estate investing course, Sidelines to Success – she will personally teach, coach, and support the new generation of real estate investors.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
Survey
https://s.surveyplanet.com/c1xu5qdv
________________________________
Key Quotes:
“Regardless to what life gives you and life may knock you down a couple of times, you still just get back up because as you go through real estate it's gonna be something that you're gonna have to endure, if you wanna stay in this game, because real estate is tough, entrepreneurship is tough.” - Avriel DuVerney
“I say to anyone that's going out here and you really and truly don't know, I'm telling you, you need to get a coach, you need to get a mentor, so, you don't make the same mistakes that some of us have already made.” - Avriel DuVerney
Connect with Avriel!
You can find her on
Linkedin https://www.linkedin.com/in/avrielduverney/
Facebook https://www.facebook.com/avriel.duverney
Instagram https://instagram.com/avriel4ev
Or Visit her website :https://s2ssolutionsinc.com/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
There’s no one way to build wealth. Some people go all in all at once while others take slow, calculated steps.
In this Flashback Friday episode, Sia Senior takes us through her transition from educator to investor. While her husband immediately jumped into real estate, she chose to stay as a teacher for 10 more years before stepping away when it made sense to her and her family. We hear about how she’s been conservative and realistic in her journey and how that helped them mitigate risk and make sound business decisions. She also talks about her commitment to empowering others to achieve financial independence through education and connections.
Sia started her journey in real estate investing, alongside her husband, in 2005 while working as a math teacher. Ten years later, she left the security of her W-2 and became a full-time real estate investor. Sia’s experience includes house-hacking her first property, flipping 8 properties, and buying and self-managing multiple properties to hold long-term. Her portfolio also consists of a 16-unit asset acquired through a JV partnership. Sia is a principal at Arrowhead Capital. Arrowhead Capital is a real estate firm that acquires multifamily assets in the Mid-Atlantic and Southeast. They are committed to providing our investment partners with excellent opportunities which allow them to passively create generational wealth and enhance the apartment communities of our residents.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
___________________________________________
[00:01 - 18:22] Who is Sia Senior?
- Sia on the moment they realized the potential of real estate
- She wasn’t initially comfortable with leaving her job, so her husband decided to make the jump first
- The feast and famine of real estate - sometimes you have clients and deals, sometimes you don’t
- Health insurance is also a consideration and she didn’t want to let go of having that security
- After 10 years, she finally decided to quit her job and go into real estate full-time to scale the business with her husband
- Sia remained to be levelheaded and calculated in every venture they take
[18:23 - 27:44] Giving Back to the Community
- Sia discusses their trust and her plans for future alterations
- The goal for the family is to have their trust last for generations and to have it be able to provide passive income for them and their family
- It’s important to be able to help yourself first before you are able to impact others positively
- How Sia is sharing opportunities with others to get started on real estate
- Creating a fund for people who don’t have large capital and offering them investing exposure and experience
[27:45 - 30:04] Perspectives on the Market
- Sia lists the areas they are focusing on right now
[30:05 - 37:03] Closing Segment
- The final questions
- There’s safety in diversification as opposed to me going all in in this one space
- Sia shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Sia need right now to get to the next level?
- Connect with Jordan!
Key Quotes
“I'm the good investigator on the side, like, I will check everything. And so once I realized, oh, this is legitimate, I was like, okay, yeah, I'm good to go.” - Sia Senior
“Our plan is one to make sure that our family is set because before you can help other people, you first have to be able to help yourself. You can't pour from an empty cup.” - Sia Senior
“People need an experience, it doesn't have to be a major one, to get them started, you know, just like I needed that first rental to be like, oh, okay, this seems pretty decent.” - Sia Senior
Resources Mentioned:
- Share The Wealth Show: Creating Black Trust Fund Kids with Portia Wood
- Share The Wealth Show: The Road To 2053 - Zero Net Worth For The Black Community with Portia Wood
- Share The Wealth Show: Becoming The First Millionaire In Your Family with Edmund Chien
Connect with Sia Senior through LinkedIn. Go to ArrowheadCap.com and check out their newsletter, webinars, and more. Download the 5 Benefits to Passively Investing In Real Estate Quick Guide: https://tinyurl.com/BuildWealthPassively
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Welcome back to another engaging edition of the Share the Wealth Show! In today's episode marking the show's return after a period of hiatus, Nicole is eager to divulge captivating updates. Despite the show's temporary absence, Nicole's enthusiasm remains undiminished as she shares these exciting developments. Furthermore, she takes a deep dive into the concept of bootstrapping wealth - an approach that involves starting with minimal resources and gradually growing them.
Through her insights, Nicole aims to ignite a fresh perspective on wealth-building, encouraging you to view it through a novel lens. Her goal is to inspire you to unlock your inner Wealthpreneur, a term she uses to embody the spirit of an entrepreneur focused on creating and nurturing wealth.
Get ready to unleash your inner Wealthpreneur as Nicole inspires you on this journey! Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth.
Don't miss out on this incredible opportunity to unleash clarity and purpose in your life. Let Nicole's guidance and wisdom empower you to unlock your true potential!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
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Survey
https://s.surveyplanet.com/c1xu5qdv
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Key Quotes:
“If we're starting from very little or nothing, and we're trying to build wealth, with wealthpreneurs,
we can make it happen. Right? It's not impossible. It might seem daunting, but it's definitely doable and we can do it..” - Nicole Pendergrass
“If you think about it, like an entrepreneur at its core is someone who dares to dream beyond the ordinary and who takes risks and turns their ideas into reality.” - Nicole Pendergrass
“It's not just about starting a business, It's ultimately more about embracing a mindset that propels you forward, especially in the face of obstacles.” - Nicole Pendergrass
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Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today's Flashback Friday episode Jordan D’Silva sits down with us again to discuss how he’s taking the reins of Web City Properties and what they are doing to grow their business. He also shares strategies to set yourself up for success in estate planning and imparts inspiring insights about creating connections and building generational wealth.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 07:30] Scaling the Business
- Check out part 1 of the interview with Jordan!
- Jordan discusses what assets they are focusing on now
- Currently, they are looking for opportunities in rural areas that are on the path of progress and places where there's a lack of supply but with other good factors
- They are also interested in expanding into markets where they can see long-term development
[07:31 - 14:22] What You Need to Know About Estate Planning
- It’s important to get in touch with professionals
- Go for those who provide quality service because it will pay off in the long run
- Find out what works for you and your family
- Connect with the right people who will help you in your estate planning journey
- Get referrals from your network
[14:23 - 20:13] How to Start Creating Generational Wealth
- Following what successful real estate investors do can help beginners get started
- Reach out to older entrepreneurs and philanthropists who open to help and mentor others
- Look for a niche and figure out how you can offer value
[20:14 - 27:29] Closing Segment
- The final questions
- Diversification is a result of no one knowing what will happen in the future
- Jordan shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Jordan need right now to get to the next level?
- Connect with Jordan!
Key Quotes
“Surround yourself with great team members, great attorneys, a state attorney, wealth planner. And also don't just go for the cheapest one.” - Jordan D'Silva
“Smart people find smart people, right?” - Jordan D'Silva
“There are a lot of people out there that want to help. There are a lot of programs out there. And so I think it’s just getting involved as much as you can and then following up with a lot of action, providing value to other people, and providing value that is hard to replicate too.” - Jordan D'Silva
Connect with Jordan D'Silva! Check out webcityproperties.com or email him at jordan@webcityproperties.com.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Share The Spotlight Ep 11 - Welcome to the Share the Wealth Show podcast! Nicole visits Lisa Hylton on her own podcast, The Level Up REI podcast. Lisa has been a guest on our own show Episode 20 (make sure you check it out HERE!).
Nicole discuss her experience as both an engaged and passive real estate investor, offering valuable advice along with insights into the essential mindset for triumph in this industry. She also delve into effective goal-setting techniques, highlights the significance of embracing the present, and underscores the need for motivations beyond financial growth.
Stay tuned, and let's get ready to explore The Level Up REI Podcast!
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Moving forward towards success is impossible without doing even the smallest steps. If you trust your simplest hustle every single day, nothing can stop you from achieving your goals.
Lisa Hylton sits down with Nicole Pendergrass to share her work both as an active and passive real estate investor. Besides talking about her most effective real estate tips, she also emphasizes the right motivation and mindset needed to succeed in this field. Nicole explains the right goal-setting strategy, the importance of embracing the now, and why money must not be the sole driving factor in everything. She also talks about her work at Noirvest Holdings, where she helps minorities find the best opportunities in multifamily investments.
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How do you leave a lasting legacy to your loved ones?
In today's Flashback Friday episode, we welcome Jordan D’Silva to talk about his journey and celebrate his late father, who built their business from the ground up. His story is an example of how minorities can create wealth and pass it down to their children. Jordan reflects on lessons his father taught him and how he’s following in his father’s footsteps to preserve his legacy.
Jordan D’Silva is a 25-year-old real estate investor from Dallas, TX. He is CEO of Web City
Properties, an investment company started by his father in 2005. Web City Properties owns and
manages over 500 units compiled of single-family rental properties, small multifamily, and
commercial properties, and mortgage notes and is currently investing in the Dallas Fort Worth
Market. Jordan enjoys taking on difficult value-add properties, leading teams, and providing quality housing with great customer service. Jordan also runs a nonprofit dedicated to providing
solutions for families living in poverty. In his free time, Jordan enjoys traveling, sporting events, and trying new foods.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
___________________________________________
[00:01 - 10:37] Who is Jordan D'Silva?
- Jordan shares how his father who immigrated from India to the US
- Getting into real estate, buying in low-income areas, and carrying notes
- He lost his business but did not give up; he started another company in Dallas
- His father trained him and Jordan believes it’s his responsibility to manage what he built
- Currently, they are looking into multifamily and self-management plays
[10:38 - 15:00] A Legacy Beyond Wealth
- His father showed confidence in him that he can continue the business and he is always striving to make his dad proud
- Jordan did not feel bound to real estate because his father had given him the freedom and flexibility to do other things he enjoys
- The biggest thing he learned from his dad is work ethic
[15:01 - 24:18] Finding Value in Unexpected Places
- The importance of working hard while working smart
- His father recognized opportunities in low-income, neighborhoods, invested in people he could train, and served immigrant and minority customers
- Like his father, Jordan and his team go where there’s less competition
[24:19 - 25:06] Closing Segment
- Watch out for part 2 of our conversation with Jordan!
Key Quotes
“I got to commend him for not guilting me with that responsibility for the rest of my life and giving me that freedom.” - Jordan D'Silva
“He combined that work harder with work smarter by doing both. He was going to outsmart you and he was going to outwork you.” - Jordan D'Silva
“It's twofold: getting into your niche and being where there's less competition, but also having an appreciation and a willingness to be in the community and engage with these lower-income neighborhoods.” - Jordan D'Silva
Connect with Jordan D'Silva! Check out webcityproperties.com or email him at jordan@webcityproperties.com.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Share The Spotlight Ep 10 - Nicole visits Camilia Jeffs on her own podcast, Quiet Wealth podcast.
Nicole shares her inspiring journey of triumph over initial financial constraints and setbacks. She delves deep into investment strategies, entrepreneurial endeavors, and passing down wealth wisdom to future generations.
Don't miss the actionable advice that could jumpstart your own path to wealth creation!
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Get ready for this exciting episode of the Quiet Wealth podcast!
Host Camilla Jeffs sits down with the amazing Nicole Pendergrass, real estate investor extraordinaire and podcast host, to talk all about building generational wealth through real estate investing.
Nicole shares her inspiring journey, starting with no money or credit and overcoming setbacks in her early deals. They dive deep into investing, building a business, and passing on wealth strategies to the next generation. You'll learn about the importance of having multiple income streams, starting small, and finding a mentor.
Don't miss out on the actionable advice they share to help you kickstart your own wealth-building journey! Tune in now!
Episode Timeline:
[00:18 - 07:04]
• Introduction to Quiet Wealth Podcast
• Nicole Pendergrass' real estate journey
• Learning from real estate failures
[08:44 - 14:26]
• Why starting small works
• What is the rolling capital strategy
• Why house hacking is a great way to start your real estate journey
[16:29 - 23:57]
• Two types of businesses you can build around real estate
• What is generational wealth?
• Generational wealth is not just about the money
[24:42 - 32:04]
• How to build generational wealth
• Teaching your children about money
• Mentorship and wealth building
[33:28 - 36:17]
• Finding a mentor
• Volunteering to learn
• Real estate investors are generous
Episode Resources:
Connect with Nicole on LinkedIn
Connect with Nicole on Instagram
Share the Wealth Show
Noirvest Holdings
Episode Highlight:
"If there comes a time when your job no longer loves you, what do you do if you're not prepared? Will you have income from another source that can help supplement your W2 income? Having a job is just one stream of income, and that is not enough to give you the safety that you need." - Nicole Pendergrass
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Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass!
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In this Flashback Friday episode, we speak again with Travis Gibson to learn more about creating and preserving generational wealth. He introduces the dynasty trust, a type of trust designed to last longer than one generation and minimize transfer taxes. He goes in-depth on its benefits and breaks down step-by-step how they were able to establish his family’s trust. He also offers actionable advice so you can start setting up your own trust, too
____________________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 20:14] How to Build a Legacy That Grows Over Time
- Check out part 1 of the interview with Travis!
- Travis talks about discovering the dynasty trust
- Structuring their trust so that their descendants will receive a quarterly distribution
- The distribution protects the wealth from being squandered
- Things to consider: state laws in which it will be created, the amount of money available to invest, and the provisions that will be included
- The trust can have a time limit or be established in perpetuity
- Spouses and descendants of descendants are not entitled to distributions unless they still have children under 18
- The trust should be flexible enough to accommodate changes in the future
- How to leverage life insurance and having an LLC
[20:41 - 25:15] A Trust is A Gift
- Travis stresses the importance of estate planning for the future generation
- Why he is thinking about setting up a new trust in the next few years
- Creating wealth does not happen overnight, but all you need to do now is to get started
[25:16 - 33:29] Closing Segment
- The final questions
- Consolidation within an asset class and diversification across asset classes
- Travis shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Travis need right now to get to the next level?
- Connect with Travis!
Key Quotes
“You have a lot of people that they end up with sizable estates and they give their heirs the entire estate at their passing. And what happens is you create these trust fund babies that have no real appreciation as to what it takes to actually build in this state and size.” - Travis Gibson
“One of the things you have to consider with the dynasty trust is it has to be written in a way where you try to at least consider what can happen in the future.” - Travis Gibson
“Having some type of structure in place to ensure that your assets are handled properly, I think, is a responsibility of anybody that has a family.” - Travis Gibson
Resources Mentioned
- Share The Wealth Show: Creating Black Trust Fund Kids with Portia Wood
- Share The Wealth Show; The Road To 2053 - Zero Net Worth For The Black Community with Portia Wood
Connect with Travis Gibson through his LinkedIn! Check out Freeman Equity Group on Instagram, Facebook, Twitter, TikTok, and their website.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Share The Spotlight Ep 09 - Welcome to the Share the Wealth Show podcast! Our commitment to sharing wealth continues as we shine a spotlight on another captivating and thought-provoking podcast we've found that we know will add tremendous value to you!
Stay tuned, and let's explore Rental Income Podcast!
_______________________________________________________________________________ Natasha shares how she was able to leave her W-2 job and support herself with her rental income.
We take a look at Natasha’s portfolio and her numbers. We talk about how she budgets for repairs and vacancies, and how she uses the tax code to legally avoid paying taxes on her rental income.
We also talk about how Natasha gets health insurance, and why she rents herself, instead of owning a home.
More From Natasha:
Natasha’s Tax Strategies Course
Thanks To Our Sponsor:
Ridge Lending Group – Nationwide Lender For Rental Property Purchase & Refinance. Now offering a No Doc investment loan if the numbers make sense.
Getting into real estate is challenging, but it can be a rewarding experience. As long as you have the right strategies and mindset, you can set yourself up for success.
In this Flashback Friday episode, Travis Gibson talks about valuable lessons he learned throughout his career in real estate. He was doing well for himself as a software engineer and investor, but the crash of 2018 left him fighting to recover his lost assets. He details his transition to multifamily and trading and offers important insights on how to be wise with money.
Travis is the Principal and founding member of the private equity investment firm, Freeman Equity which has over $65M AUM. He has over 20 years in both the public and private equity markets. He has extensive experience investing in self-storage facilities, residential mortgage notes, mobile home parks, single-family residential acquisitions, office buildings, and Multifamily real estate syndications. Coming from a background in software engineering he has a wealth of experience in defining project requirements and managing development teams for Fortune 500 companies such as EDS, ECMC, and Apple. Finance.
____________________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 10:42] Who is Travis Gibson?
- Travis on coming from a family of real estate owners and professionals
- He bought his first property to get tax deductions
- What was it like when he lost half of his portfolio in the 2008 market crash
[10:43 - 22:33] Surviving and Thriving with Multifamily
- By finding a lender that would give him credit and buying single-family homes cheaply, he was able to slowly rebuild his portfolio
- Not wanting to deal with residents’ problems anymore, he discovered multifamily through a friend and how it offers better returns and tax advantages
- Travis shares a bad experience with a tenant and why you should always trust but verify
- He chose to be an active investor so he could learn the in and outs of the business
[22:33 - 29:31] Take Profits or Don’t
- Managing greed is essential, especially in trading
- Use profits from trading to invest in multifamily
- Set up rules and trade by those rules to mitigate risk
- Travis explains why he doesn’t want to create a course on trading
- How he’s able to balance his W2, real estate, trading, and personal life
[29:32 - 39:45] Building Sustainable Wealth as a Minority
- The community itself has capital, but the investment strategy is problematic
- You don’t need a lottery ticket, start with wherever you are
- Do due diligence and find the best cash-flowing assets
- Figure out your financial goals
- Look at your expenses and cut out unnecessary spending
- There is value in delayed gratification
[39:46 - 40:31] Closing Segment
- Watch out for part 2 of our conversation with Travis!
Key Quotes
“It's important that you're super diligent in choosing the best possible assets that you can from a risk standpoint, but also from a growth standpoint.” - Travis Gibson
“I've really tried to work on not only my children but also my family and pretty much anybody that wants to talk about it. Financial literacy is a huge component in this, just learning how to manage your finances and from there, how to invest. It's pivotal, right?” Travis Gibson
“The ability to defer gratification is a big part of any sound investment strategy. Do you want a new car? Yes. Do you need a new car is the question.” Travis Gibson
Resource Mentioned:
- The Miracle Morning
Connect with Travis Gibson through his LinkedIn! Check out Freeman Equity Group on Instagram, Facebook, Twitter, and their website.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Share The Spotlight Ep 08 - Welcome to the Share the Wealth Show podcast! Since our previous Share The Spotlight Ep 7 discussed how we can destroy our legacies if we don't plan for death, Nicole selected this episode to bring you a more cost-effective, easier option to get estate docs set up.
We'll visit Lesley Batson's podcast show, who has been a guest on our own show Episode 5 (make sure you check it out HERE!).
Stay tuned, and let's get ready to explore Rebel Rock Money Talk Podcast!
If you know you need to get a will or trust in place but you have been putting it off, you didn't want to pay the premium fee for an estate planning attorney and/or you have a simple estate, this episode will explain how 'Trust & Will' can help you finally get this completed at an affordable price.
- Trust & Will website (10% discount with this link)
*** Book Club: Join Rebel Rock Book Club Youtube: Subscribe and get notified when we have a new video
Podcast: Subscribe and listen The Rebel Letter: Subscribe to our weekly newsletter
Website: Learn more about Rebel Rock Wealth, our services, and upcoming events
Let's Talk: Book your free Discovery Call Rebel Rock Wealth | Financial Strategies for Independent Thinkers ---
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With all the wealth-building potential of real estate, there is a tendency to lose sight of what it really means to add value to the lives of others.
In today's Flashback Friday episode, we get to know more about Nicole Gauthier and how they are bringing transformation and financial literacy to distressed communities. She also highlights the importance of paying the people the right way and empowering them to know what they deserve.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 07:03] Making a Difference with Impact Investing Check out part 1 of the interview with Nicole! Nicole breaks down the projects she’s currently working on Embodying awesomeness in Wicked Holdings and creating change in distressed neighborhoods
[07:02 - 14:42] Doing Right by the Residents Aside from providing employment opportunities to the locals, fair compensation is a must Investors need to do a better job of talking to the community and understanding what they truly need Nicole shares how she’s able to connect with people from different walks of life
[14:43 - 22:53] Closing Segment The final questions
Diversify with assets that you know
Nicole shares her strategy in choosing between Baltic Avenue and Boardwalk
What does Nicole need right now to get to the next level?
Connect with Nicole!
Key Quotes
“As a real estate investor, we have a fiduciary duty towards our tenants to make sure that they're living in homes that are not falling apart, have heat, running water, and have more than four walls.” - Nicole Gauthier
“I can just ask them and say like, what's your highest bill? Their highest bill's probably not going to be anywhere near what our highest bill is. Maybe it's a hundred bucks, but what's a hundred dollars, right?” - Nicole Gauthier
“It's not only about you going into these communities and doing the things that you think that they need. Sometimes it’s nothing like what you've expected and you don't ever know that until you do a deep dive into them and ask them like, Hey, how can I help you?” - Nicole Gauthier
Connect with Nicole Gauthier on
LinkedIn https://www.linkedin.com/in/nicole-ga...
Instagram https://www.instagram.com/wickedholdi... and
Facebook https://www.facebook.com/wickedholding
Head over to the Wicked Holdings website https://www.wicked-holdings.com/
and check out the Free Guide for Passive Investing https://www.wicked-holdings.com/regis...
____________________________________________
Let’s get connected! You can find Nicole Pendergrass on LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki or
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
Share The Spotlight Ep 07 - Nicole chose this episode because she deeply agrees with the philosophy of legacy building and importance of surrounding yourself with other professionals who have the same mission and vision so we have support while we build.
Let's explore The Money Script podcast and create an ecosystem of legacy builders!
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Listen as Yohance welcomes Kenasha Paul to the Podcast. Kenasha is the CEO of Black Professionals Network where they are “Creating an ecosystem of legacy builders”. They currently have chapters in Miami, Chicago and Los Angeles. Focusing on building network as their net worth
0:30 Team went on a retreat!
10,000 downloads on the podcast
1:45 Welcome Kenasha Paul CEO of Black Professionals Network.
2:30 Current events – updates on student loans
6:00 What is The Black Professionals Network?
10:25 – 54 Ruling of Affirmative Action
12:00 Creating an ecosystem of Legacy Builders
16:00 Lifestyle income vs. Legacy Building
20:45 What is your first memory of money?
www.mybpn.org
www.bpsummit.org
https://www.facebook.com/mybpnetwork
https://www.instagram.com/mybpnetwork/
https://twitter.com/i/flow/login?redirect_after_login=%2Fmybpnetwork
There’s nothing wrong with seeking a safe and secure job. But more often than not, there are risks that are worth taking to achieve financial freedom.
In this Flashback Friday episode, our guest, Nicole Gauthier, began her career as an accountant until she realized that there’s got to be more to life than a four-day work week. She stepped out of the typical path and transitioned to real estate to build the lifestyle she wants and leave a legacy for her family. Today, she shares her story and offers valuable advice for those who want to get started in real estate, especially with passive investing.
Nicole Gauthier is the Founder of Wicked Holdings; a real estate investment company focused on social change and community empowerment. She is a multifamily real estate investor currently invested in 208+ doors and provides opportunities for passive investors to diversify their assets into multifamily investments so that they too can live a life of abundance and financial independence. She is also dedicated to helping educate others on the concept of generational wealth and financial literacy.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 15:13] Who is Nicole Gauthier? Nicole wanted to be a graphic designer but decided to become an accountant because it’s the safer route She broke out of the mold to discover a different way to increase wealth Your 401k is not enough for retirement and there are other options to save money for the future
[15:14 - 24:22] Creating Legacy Through Real Estate There are a lot of ways to use the cash value of insurance policies to invest in other assets. Nicole believes in real estate because it is stable and income producing How she started to invest passively Understanding that debt is not scary and can be leveraged to open up opportunities To be a passive investor, it’s important to gain clarity on your investing goals and find operators that you know, like, and trust
[24:23 - 25:06] Closing Segment Watch out for part 2 of our conversation with Nicole!
Key Quotes
“There's got to be more. I need to be able to create my own schedule. I need to find a way to get out of this five-day work week where most of my life is spent.” - Nicole Gauthier
“ A 401k that you can't even touch until you're like 59 and a half and if you do touch it before then there's all these penalties and tax implications that you're now subject to… It's like, why? This is my money that I've put into there. Why is it being held hostage?” - Nicole Gauthier
“Debt is not bad. You just have to leverage it to create the right opportunities for yourself.” - Nicole Gauthier
Connect with Nicole Gauthier on
LinkedIn https://www.linkedin.com/in/nicole-ga...
Instagram https://www.instagram.com/wickedholdi...
Facebook https://www.facebook.com/wickedholdings
Head over to the Wicked Holdings website https://www.wicked-holdings.com/
and check out the Free Guide for Passive Investing HERE https://www.wicked-holdings.com/regis...
____________________________________________
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki or
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show HERE: https://podcasts.apple.com/us/podcast...
Share The Spotlight Ep 06 - This episode explores the importance of making responsible choices, building a positive reputation, and leaving behind a lasting impact. Whether in personal, professional, or societal contexts.
Join us as we explore Dreamcatchers podcast and the essence of preserving a meaningful legacy and the steps we can take to ensure its enduring value!
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Patricia Myers has been in the funeral service industry for decades and is here to share her invaluable wisdom on the end of life planning.
Join us as we explore the importance of being aware of family history, asking questions around the dinner table, and planning to leave behind a meaningful legacy and avoid leaving a mess for others to clean up. Patricia will discuss her experience of seeing families come into a service for their loved ones without knowing what they want, often influenced by what others have done or out of guilt. She will also explain how funeral homes can help families relax during this intimidating process by getting them to talk about their loved ones and allowing them to personalize the service. She will emphasize the need for research and understanding what is being bought before spending money on funeral services.
Finally, Patricia will touch on her workbook that allows people to plan and involve family members in making decisions that honor their wishes. By joining this conversation, you'll gain insight into approaching end-of-life conversations gracefully and understanding while learning how to create a meaningful legacy that celebrates your heritage.
[00:01 - 09:36] Opening Segment People often don't know what they want when planning a service for their loved one It is important to ask family members questions about their legacy and history Patricia got into the funeral service industry by designing burial garments She wanted to understand the emotions and psychology of grieving families
[09:37 - 16:59] Understanding Funeral Planning to Avoid Overspending and Emotional Crisis Helping families relax by asking them about their loved ones before diving into pricing Assisting families to personalize the funeral service for their loved one Creating a resource that allows people to plan their funeral before being in a crisis mode Lack of knowledge can lead to overspending on funerals
[17:00 - 27:43] Step-by-Step Guide to Planning Your End Stage of Life and Honoring Final Wishes Funeral directors are in a sales role, and people need to plan for funerals People should be responsible for their end-of-life decisions and finances Embracing the Teardrop - a workbook that can help people celebrate the life of a loved one without extravagant spending
[27:44 - 33:50] Closing Segment
Take a close inventory of yourself and prepare for the end stage of life
Final words Quotes:
"Death and dying is just like your birth certificate, the information that's on that birth certificate carries through your death certificate, and you need to know those facts." - Patricia Myers
"If you're going to buy a car, do you just go to the dealership and say, 'Hey, I want this.' $50,000? No. You'll start researching and discover what this car's all about before you dump your money. When it comes to funeral planning, people don't do that." - Patricia Myers
"You are the person responsible for your end stage of life." - Patricia Myers
Connect with Patricia Myers:
LinkedIn: https://www.linkedin.com/in/patricia-myers-619bab2b/
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.
Dreamcatchers is an inclusive organization that targets people's interest in being more instead of a certain demographic. We have people from all walks of life at many different ages. Find out more at www.dreamsshouldbereal.com.
Find out more about Jerome at www.d3v3loping.com or www.myersmethods.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
In this Flashback Friday episode, we continue our conversation with Don Spafford. He details how networking took him from zero to success in real estate. He also talks about the work they do in Happy Camper Capital and discusses his insights on campgrounds as a solid investment asset that could potentially offer 3x returns. Going back to his passion for uplifting others, Don shares how they are opening a path for non-accredited investors and people with limited capital to get into great deals.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 08:40] The Value of Networking Building relationships with people enabled Don to grow in real state How he was able to reach out to people by listening to podcasts Raising capital for different deals through his connections
[08:41 - 12:41] Investing Opportunities in the RV Campground Space The advantages of investing in campgrounds Higher returns Inexpensive to maintain Provides a unique experience both to customers and investors compared to other types of investments
[12:42 - 15:05] Helping Non-Accredited Investors Become Accredited Why Don and his team are accepting lower minimums to allow non-accredited investors to get started Other development projects that they are involved in that interested investors can explore
[15:06 - 22:20] Closing Segment The final questions Diversification protects us against what we don’t know Connect with Don!
Key Quotes
“I think that, more than anything, what really led me to where I'm at today is just making those connections.” - Don Spafford
“These are RV campgrounds. It’s a short-term rental at a multifamily scale.” - Don Spafford
"If you're not accredited, you can't get into all these great deals, but then how do you become accredited? So, we try to keep open for that.” - Don Spafford
Connect with Don Spafford through
LinkedIn https://www.linkedin.com/in/don-spaff...
Visit his blog CTR Finance https://ctrfinance.com/
and check out the Happy Camper website https://happycampercapital.com/
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Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki or
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here: https://podcasts.apple.com/us/podcast...
Share The Spotlight Ep 05 - Nicole visits Kofi Thompson on his own podcast, Breaking The Glass Ceiling podcast.
Nicole shared her inspiring story as a mother of two toddlers, a full-time employee, and a formidable multi-family investor, Nicole has conquered immense obstacles to achieve remarkable success in the real estate industry.
Tune in to Breaking the Glass Ceiling Podcast and witness the extraordinary journey of a woman who shattered barriers, uplifted others, and paved the way for a brighter, wealth-building future.
[00:01 - 13:11] Nicole's Journey of Empowerment
- Nicole, a wife, a mother, and full-time employee, shares her journey in the real estate industry
- Starting with no money, credit, or connections, she overcame numerous challenges to acquire a three-family house hack in 2015 and has since grown her equity ownership in multiple commercial multi-family deals
- Motivated by her own experiences, Nicole founded Noir Vest Holdings, a private real estate equity firm with a mission to help minorities and women build wealth through increased access to multifamily investment opportunities
- She is dedicated to empowering underprivileged communities by discussing non-traditional strategies for building generational wealth on her Share The Wealth podcast
[13:12 - 26:29] Overcoming Barriers and Cultivating a Mindset of Abundance
- Kofi and Nicole emphasize the importance of addressing one's money mindset, which includes examining upbringing, conditioning, and subconscious beliefs about money
- Nicole suggests starting with small steps, such as gracefully accepting compliments without deflecting or minimizing them, to develop the ability to receive larger forms of support or financial blessings
- Kofi emphasizes the need to cultivate a sense of self-worth and deservingness, which opens doors to greater opportunities and abundance in life
- By unearthing and challenging subconscious thoughts and reactions, individuals can pave the way for personal growth, financial success, and a mindset of abundance
[26:30 - 35:46] Embracing an Infinite Mindset and Challenging Financial Beliefs
- Kofi and Nicole discuss the importance of prioritizing people over profits and making meaningful connections in the service industry
- Nicole's personal journey counters the belief that substantial funds or wealthy connections are necessary to start building wealth
- The conversation highlights the need to move away from an instant gratification mindset prevalent in today's society
- By challenging the belief that wealth is solely determined by background or financial resources, individuals can adopt a mindset of possibility and take steps toward achieving their financial goals
[35:47 - 44:33] Sacrifice, Perseverance, and Wise Decisions
- Nicole emphasizes the importance of sacrifice and perseverance in achieving success in real estate
- She highlights the need to be willing to deal with tenants and property maintenance as a landlord
- She cautions against basing decisions on others' negative experiences and encourages seeking advice from experienced investors
[44:34 - 63:37] Advice for living a fulfilling life
- Work hard to be intentional about being fully present with your loved ones, family, and friends
- Create a vision for the life you want to live and align your goals and actions with that vision
- Build your wealth or pursue your passions in a way that allows you to enjoy life and maintain the lifestyle you desire
- Strive for a balance between achieving your goals and living a fulfilling life
- Seek opportunities to mentor or volunteer with those who can benefit from your knowledge by giving back and helping others
Connect with Nicole:
Socials: LinkedIn, Facebook
Website: https://noirvestholdings.com/
Youtube: https://www.youtube.com/@officialnoirvest
LEAVE A REVIEW + SHARE this episode with someone who wants to achieve in business. Listen to previous episodes on Spotify, Apple Podcasts, or wherever you get your podcasts!
Tweetable Quotes:
"If you want the universe or God and whoever gives you things and gives you abundance, ¿How can you get abundance if you won't receive it?" - Nicole Pendergrass
You don’t have to have a lot of money to get started in real estate. Our guest, Don Spafford, proved that you can hustle your way to financial success, and serve other people along the way.
In this Flashback Friday episode, Don looks back on how his personal struggles fueled his desire to be in a better financial position in order to help others improve their lives. He considers this as his mission, but he also has words of advice on finding the balance between helping and enabling.
Don Spafford has an educational and professional background in Finance and Securities Investing. His wife is from Paraguay and together they enjoy the opportunities they have to travel back to visit family there and to help the communities in South America. When his wife became a realtor around 2010, it motivated him to want to learn how to invest in Real Estate. The family moved from Nebraska to Idaho in 2015, and it was there in Idaho where they got started. He bought his first property, a four-plex, in 2017, then two more 18 months later. He began moving into commercial real estate including ground-up development projects and eventually landed with Happy Camper Capital, providing syndication opportunities in RV campgrounds. He enjoys spending as much time as he can with his family to create lasting memories. His hobbies include coin and bank-note collecting, traveling, and when he can, he likes to watch movies at home. Don has very high moral and religious standards and will not bend his beliefs for anything. His word is his bond.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 17:28] Who is Don Spafford? There’s more than just education Don talks about struggling to find a job and eventually looking for other ways to improve their cash flow How he and his wife were able to start investing even without being in a strong financial position Leveraging his 401k Finding a local lender with a good downpayment option for investing He lessened the hassle of self-managing by putting up systems for payment
[17:29 - 23:37] Uplifting Others through Real Estate Don shares his passion for helping other people His mission in Argentina showed him true poverty and wanting to be a driver of change Real estate has enabled him to be in a position to give back, especially to his family He started a personal finance blog geared towards teenagers and young adults
[23:38 - 29:52] Don’t Feel Bad for Saying No Setting up boundaries in helping people is important, even if it’s hard Judge it based on the situation and what their actual needs are If helping becomes too much of a habit, you’re debilitating others and making them not use their own brains and resources to solve their problems.
[29:53 - 30:38] Closing Segment Watch out for part 2 of our conversation with Don!
Key Quotes
“I'd say we've been definitely blessed with more financial security or income through real estate investing. That has put us in a different position where we can do more to help people.” - Don Spafford
“We're not just going to give them anything they ask for unless it's an actual need.” - Don Spafford
“You got to put some limits on there and control it to before it gets out of hand 'cause once you start getting that habit, then they're going to expect it all the time.” - Don Spafford
Resources Mentioned:
BiggerPockets The Book on Managing Rental Properties by Brandon Turner
Unfu*k Yourself by Gary John Bishop
Connect with Don Spafford through
LinkedIn https://www.linkedin.com/in/don-spaff...
Visit his blog CTR Finance https://ctrfinance.com/
and check out the Happy Camper website https://happycampercapital.com/
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Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki or
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here: https://podcasts.apple.com/us/podcast...
Share The Spotlight Ep 04 - Welcome to the Share the Wealth Show podcast! Our commitment to sharing wealth continues as we shine a spotlight on another captivating and thought-provoking podcast we've found that we know will add tremendous value to you!
We'll visit John Casmon's podcast show, who has been a guest on our own show Episode 4 (make sure you check it out HERE!).
Stay tuned, and let's get ready to explore Multifamily Insights Podcast!
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Michael Elefante is a real estate investor, content creator, and entrepreneur. He and his wife became financially free at the age of 27, just one year after investing in short-term rentals. Just 2.5 years later, they've scaled to six short-term rentals that generate over $80k per month and $40-50k cash flow per month. Michael is an avid online educator and offers resources to help others jumpstart their journey to financial freedom. He is the founder of Airbnb Investor Academy, which launched in April 2021, and has generated nearly $1M in course and coaching sales in the first 16 months. He has around 1M followers across Tik Tok, Instagram, and YouTube.
In our conversation, Michael talks about short-term rentals, including maximizing cash flow, dealing with seasonality, and market selection. He also shares the significance of differentiation, profitability strategies, managing rentals in different markets, the Bnb Investor Academy, and how to build a massive social media following.
Announcement: Download Our Sample Deal and Join Our Mailing List
The Highest Possible Cash Flowing Asset
00:00 The highest possible cash-flowing asset;
05:01 Seasonality in short-term rentals;
06:33 What to look for in a market for short-term rentals;
10:15 The importance of differentiating yourself in short-term rentals;
17:41 How to make sure you are profitable in short-term rentals;
20:10 How to manage short term rentals in different markets;
23:00 The Bnb Investor Academy;
24:08 How to grow a massive following on social media;
31:00 Round of Insights
Apparent Failure: Not being able to make it in professional baseball after collage.
Most Recommended Book: Cashflow Quadrant
Daily Habit: Exercising
#1 Insight for Short-term Rental Investing: Leverage the data that is already out there.
Best Place to Grab a Bite in Greenville: Hall’s Chophouse
Contact Michael:
You can find Michael on social media with the @melefante6 handle.
Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.
Share The Spotlight Ep 03 - Nicole visits Marc Cesar on his own podcast, No BS Apartment Investing podcast.
Nicole shared her amazing story and journey in the Real Estate Small Multifamily space.
They discussed a TON of need to hear topics:
Wholesaling
Getting Sued
1st rental property
Losing $25K in rental income
and much more...
Nicole showed why being resilient is necessary when chasing after your goals and dreams
Regardless of what obstacles you encounter, you have to be willing to push through the hardships until you start achieving what you have set out to achieve.
To celebrate the 25th episode of the Share The Wealth show, we sit down for a heart-to-heart talk with our host, Nicole Pendergrass. We get to know a little bit more about her as she reflects on the true meaning of balance and why we will never achieve success by being still and stagnant. By embracing the up and downs of life, we should set ourselves in motion, and build strength and confidence to face any challenges head-on.
Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
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[00:01 - 04:24] Thank You for the 25 Episodes! Nicole introduces herself and shares the things that keep her busy As she moves on to do bigger things, the issue of balance comes into play
[04:25 - 10:40] Balance is All About Being Out of Balance The common misconception about balance is that everything has to be perfect and under control It‘s not humanly possible to devote our attention to so many things We have to choose where we put our focus and take things one at a time It’s okay if some aspects fall into disarray; it’s part of life Life is about movement We cannot create wealth if we keep our money in one spot
[10:41 - 20:14] When We’re Out of Balance, We Grow Accepting change and chaos makes us stronger and helps us reach our full potential Opportunities will come when we inspire other people with our journey and struggles It’s all about reframing our emotions Turn anxiety to excitement Think of challenges as the path to greatness Embrace life as it is and keep moving forward
[20:15 - 29:01] Closing Segment
The final 2 questions: Nicole on diversity: When you're in growth mode, you should focus. When you're in capital preservation mode, you should diversify. What’s next for Nicole?
Key Quotes
“Balance is about getting out of equilibrium. It is impossible to devote the same amount of attention at all times of the day, to all the different areas of your life. That's humanly impossible.” - Nicole Pendergrass
"It doesn't grow because you're keeping it in the one spot. Growth of finances and wealth building is all about deploying your money to a certain investment in a certain area and letting it come back to you with more.” - Nicole Pendergrass
“You have to reframe those feelings in your body. Instead of anxiety that can stop you and slow you down, think of that as excitement.” - Nicole Pendergrass
“Many people sleepwalking through life because it's easy. I need you guys to all get on your seesaws and be okay with the up and down, with the movement, with the back and forth.” - Nicole Pendergrass
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Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
Share The Spotlight Ep 02 - Welcome to the Share the Wealth Show podcast! While we're currently taking a break, our commitment to sharing wealth continues as we shine a spotlight on some captivating and thought-provoking podcasts we've found that we know will add tremendous value to you!
Nicole, our host, has chosen this episode specifically for those of you who are seeking methods to generate extra income by shifting your financial perspective from saving to growth.
Stay tuned, and let's get ready to explore rich & REGULAR Podcast!
__________________ How much should we save? Where do we keep our money? Is saving 10% enough? Welcome to another episode of rich & REGULAR, where Julien and Kiersten Saunders answer these questions and more. This week's topic is all about the holy grail of personal finance: saving. Julien reminds us that saving is not just a habit, it's a skill. And like all skills, it takes practice to perfect. Listen in to hear tips on where to stash your cash, how much to save, and how to know what types of savings accounts are a fit for you and your financial goals.
As Kiersten puts it, "Money is a tool for better quality of life throughout your lifespan, not just at the end of your life." Whether you're just starting or have been saving for years, there's always something new to learn about managing your money and securing your financial future.
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Learn more at richandregular.com, purchase Cashing Out: Win the Wealth Game by Walking Away by Kiersten and Julien Saunders and follow on Instagram @richandregular.
Support rich & REGULAR by sharing and rating us five stars on Apple Podcasts.
See omnystudio.com/listener for privacy information.
Dr. Julius Oni joins us again to dig deep into what helped him achieve the success he has today. Having a good working relationship with his partners and team has made it possible for him to fulfill both his roles as CEO and orthopedic surgeon.
He also breaks down the cash-generating advantages of multifamily and, more importantly, how it is offering him opportunities to give back to the community. He is passionate about educating others on the benefits of investing rather than simply saving money, and he considers himself a testament to the power of real estate.
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/microfamilymavericks
[00:01 - 13:11] Multifamily Real Estate is a Team Sport Check out part 1 of the interview with Julius! How building a strong team has helped Julius balance his W2 and real estate career Running a tight ship through systems and processes Their clients are the ones bringing opportunities to them by spreading the word about the company The importance of having the spirit of abundance and educating the community about real estate
[13:12 - 17:04] You Cannot Save Wealth Julius explains the compounding returns in multifamily vs. single-family Saving in banks is not smart! If the bank invests our money, why not invest in ourselves? Real estate is a tangible asset to own unlike stocks and crypto
[17:05 - 22:13] Getting Back Time Freedom Opening up the real estate world to healthcare professionals and underrepresented minority communities Julius shares why he decided to enter the medical field and why he will not stop being an orthopedic surgeon Passive income through real estate will enable him to have more time to help others while still doing the job that he loves
[22:14 - 34:21] Closing Segment The final 2 questions Julius on diversification: Be active in one main investment and passively invest in other assets Connect with Julius!
Key Quotes
“You need to have the team player mindset. It's so difficult as a solo person to do anything in this space because you may climb up, but it would just be a slow climb.” - Julius Oni
“My primary goal is to educate, right? And so either you invest with us or invest with others, but as far as the person in our community is investing, growing wealth, growing your mind, and getting to the next level, my job is done.” - Julius Oni
“The moment you put your money in the banks, that money becomes a liability to them. Guess what they do with it? They invest it, they lend it out, they do something with it… So think about it. If they are doing that, why can't you do that yourself?” - Julius Oni Resource
Mentioned:
Traction by Gino Wickman https://www.amazon.com/Traction-Get-G...
Connect with Julius Oni through the XSITE Capital website http://www.xsitecapital.com/
and join the Exciting World of Multi-Family Investing Meetup and Networking https://www.meetup.com/exciting-world...
Follow them on LinkedIn https://www.linkedin.com/company/xsit...
and Facebook https://www.facebook.com/xsitecapital/
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Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki or
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
Welcome to the Share the Wealth Show podcast! While we're currently taking a break, our commitment to sharing wealth continues as we shine a spotlight some captivating and thought-provoking podcasts we've found that we know will add tremendous value to you!
Our host Nicole, selected this episode for those of you in a position of looking for ways to build additional income through creating a side hustle that you can scale into a profitable business. This episode is a great framework to help make that decision clearer.
Stay tuned, and let's get ready to explore Side Hustle Pro Podcast!
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So you’ve thought about it forever, but actually launching your side hustle is the hardest part.
I’m here to remind you that it’s OK to try things out, start over, and then try again!
In this episode, I share:
- The first side hustle I tried and why I quickly learned it wasn’t for me
- How to find the entry point to break into your side hustle’s industry
- How taking my time allowed to me prove the concept of my products
- Five steps to getting your side hustle off the ground and more
Check out episode 334 and others on Apple Podcasts, Spotify, and YouTube
Links mentioned in this episode
- Curlbox: https://curlbox.com/
- Myleik Teele’s SHP Episode: https://youtu.be/FtJgMJXpUPY
- Podcast Moguls: https://www.sidehustlepro.co/podcast-moguls/
Click here to subscribe via RSS feed (non-iTunes feed): http://sidehustlepro.libsyn.com/rss
Announcements
Join our Facebook Community
If you’re looking for a community of supportive side hustlers who are all working to take our businesses to the next level, join us here: http://sidehustlepro.co/facebook
Guest Social Media Info
Side Hustle Pro – @sidehustlepro
With high wages come the higher costs of living and even higher taxes. How do high-income earners get out of living paycheck to paycheck and truly achieve financial independence?
On this Flashback Friday Featured Episode, Orthopedic surgeon Julius Oni has seen real estate work firsthand and it enabled him to buy time and geographic freedom back and enjoy the fruits of his labor with people he loved. Today, he talks about how he discovered the potential of multifamily investing and why minority professionals like him should start creating passive cash flow. He also gets into his experiences as an angel investor and the incredible value one could bring and gain in helping young businesses grow.
Julius Oni is the CEO and Co-founder (Investor relations) of XSITE Capital Investment LLC. Before joining Xsite Capital, Julius' investment focus was single-family real estate and angel investing. Over the past five years, Julius has invested in over 50 start-ups and currently sits on the advisory board of four healthcare-related start-ups. He graduated summa cum laude from SUNY Plattsburgh, obtained his medical degree with AOA honors from Howard University College of Medicine, and completed residency and fellowship at NYU Hospital for Joint Diseases and Rush, respectively. Julius works as an orthopedic surgeon in Baltimore, Maryland, with sub-specialization in hip and knee replacements, and was voted Top Doc for Joint Replacement by Baltimore Magazine in 2019 and 2020. His interests include travel, music, global health, and spending time with his family. Julius and the XSITE Capital team host a rapidly growing multifamily-focused monthly meetup where they provide resources and add value to individuals interested in growing their wealth and changing their financial future.
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
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[00:01 - 15:31] Who is Julius Oni? Julius shares his journey in the medical field Spending money after fourteen years of delayed gratification Why single-family real estate did not work for him Rethinking about his career and learning about the potential of multifamily Joining conferences made him realize how underrepresented healthcare professionals and minorities are in the asset class
[15:32 - 21:38] True Passive Income Is True Financial Freedom Here’s the truth: High-income earners have higher taxes and higher loan burdens The dangers of lifestyle creep Through passive income, professionals can actually achieve financial independence without being tied to their jobs
[21:39 - 33:06] Setting Small Startups for Success Julius talks about investing in his brother’s company What is an angel investor and how to become one? Angel investing vs Crowdfunding Julius’ own experience, building relationships with businesses Websites to check out The high risk, high reward nature of angel investing Julius reveals his investment strategy Why real estate is still the best investment
[33:07 - 35:06] Closing Segment Watch out for part 2 of our conversation with Julius!
Key Quotes
“I realized that there was a great opportunity to take the gospel of multifamily into our communities of healthcare professionals, underrepresented minorities, immigrants, people that just did not have ready access to this asset class.” - Julius Oni
“You had the lifestyle creep 'cause now everybody's looking at you. You're the orthopedic surgeon… How come you're still driving your Honda Accord from undergrad or medical school, you know? So you want to keep up with the Joneses, you want to take a vacation, nice vacation with your family.” - Julius Oni
“When you have true passive income, well, you just could be sleeping, eating, you know, doing whatever you are and the money is still coming right into the account.” - Julius Oni Resources Mentioned: Y Combinator Techstars CrowdStreet Fundrise SeedInvest Connect with Julius Oni through the XSITE Capital website and follow them on LinkedIn and Facebook.
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Let’s get connected!
You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
We don’t need to have life all figured out to find some level of success. What matters is we keep moving forward and learning along the way.
In today's Flashback Friday Featured Episode, Chandra continues her story of transitioning from her W2 to real estate, and the challenges and successes she experienced. She also reflects on finding her life’s purpose and her journey to become a coach. Listen in for another inspiring episode!
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FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
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[00:01 - 11:16] From Underwriter to Real Estate Entrepreneur Check out part 1 of the interview with Chandra! How Chandra decided to quit her W2 and do business full-time Thinking about what she really wants to do for the rest of her life Getting her real estate license and tapping into her portfolio
[11:17 - 14:34] Finding Passion in Coaching What’s next for Chandra? How experiences as a woman of color motivated her to become a coach
[14:35 - 22:04] Closing Segment The final 2 questions
Chandra on diversification: Know what you have available and diversify Reach out to Chandra! Chandra’s final advice to aspiring real estate investors: Connect with your local REIA
Key Quotes
“Based on a lot of my experiences as a woman of color and things that I've gone through having to be coached by someone that doesn't look like me, even though they did a great job, there's more explaining that I have to do to them.” - Chandra Minter
“Be vocal about what you want to do, what you want to learn, and don't be shy or hesitant to walk into a room where the information is being given freely even if you look different, even if you sound different.” - Chandra Minter
“The one thing that I tell everyone when they reach out and they say, how do I get started? Go and find your local REIA and just attend your first meeting.” - Chandra Minter
Resources Mentioned: https://nationalreia.org/ https://www.meetup.com/
Connect with Chandra Minter through Facebook! https://www.facebook.com/chandra.n.mi...
Check her out on https://chandraminter.exprealty.com/ and email her at chandra.minter@exprealty.com.
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here: https://podcasts.apple.com/us/podcast...
Are you tired of feeling stuck in fear and uncertainty? Do you long for a clear sense of purpose that propels you towards a fulfilling future?
Join Nicole in this captivating solo episode of the Share The Wealth Show, where she delves deep into the core principles of Vivid Vision. Get ready to confront your fears head-on and unlock your true potential as she guides you through a transformative journey. She will:
🔥help you define your core values, unlock your unique strengths, and align your actions with your envisioned future. By diving into these crucial steps, you will gain a clear understanding of what truly matters to you and how to make it a reality.
🔥unravel the secrets behind creating a vivid mental picture of your desired future. She will guide you through the process of crafting a detailed and vibrant vision that becomes a powerful catalyst for personal growth and achievement.
🔥share her own real-life experiences, allowing you to gain valuable insights from her personal journey. You'll also get an exclusive sneak peek into her plans for the future, inspiring you to dream big and envision what lies ahead.
Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth.
Don't miss out on this incredible opportunity to unleash clarity and purpose in your life. Let Nicole's guidance and wisdom empower you to unlock your true potential!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Key Quotes:
“Greatness lies just beyond your comfort zone, the vision that you hold in your heart, that burning desire to create something extraordinary is there for a reason.” - Nicole Pendergrass
“The only way that you can grow is to get uncomfortable.” - Nicole Pendergrass
“You can't do everything by yourself, success is teamwork.” - Nicole Pendergrass
“Vivid vision really encapsulates your aspirations, your values, the impact you want to make in the world.” - Nicole Pendergrass
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
A lot of people think that they don’t have what it takes to get into real estate. But here’s the truth: we have more than what we realize. If we are intentional and we know what levers to pull, we can become successful.
Here to share how she started small and made it big is Chandra Minter. Chandra is a real estate professional with over 13 years of experience. Her career in real estate began in 2009 as a mortgage underwriter. During that time she decided to use her knowledge of mortgages and apply it as a real estate investor where she purchased 5 rental properties using various strategies over a span of 3 years. In 2019, she became a licensed realtor in the state of Virginia which she uses primarily as an investor herself and in helping others who are currently investing or want to enter the world of real estate investing.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
________________________________
[00:01 - 06:27] Who is Chandra Minter? Chandra on her first introduction to the loan world Working as an underwriter and getting a glimpse behind the scenes of real estate
[06:28 - 19:05] Building a Rental Property Empire How Chandra utilized conventional and FHA loans Being intentional in creating cashflow The financial benefits of having a rental property [19:06 - 21:22] Spend More Money to Make More Money Using house equity to buy more properties and live life to the fullest How we can leverage our 401k
[21:23 - 22:07] Closing Segment Watch out for part 2 of our conversation with Chandra!
Key Quotes “There's all these different ways that you can maximize your profits off of one property, even if it's the one that you currently live in.” - Chandra Minter
“I spent that money on my memory bank so we traveled a lot. I was able to create memories on that money.” - Chandra Minter
“Some people think they have nothing, but you have more than you think. If you have a job and you're paying into your 401k, you have more than you think.” - Chandra Minter
Connect with Chandra Minter through
Facebook! https://www.facebook.com/chandra.n.mi...
Check her out on https://chandraminter.exprealty.com/
and email her at chandra.minter@exprealty.com.
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here https://podcasts.apple.com/us/podcast...
In today’s episode of the Share the Wealth Show, we welcome back Savannah D’Orazio as she continues to provide valuable insights and visionary perspectives on the sensitive topic of vaginal health. We discuss the difficult journey of sourcing venture capital for entrepreneurs of color, using vending machines as an unlikely distribution model, and her contribution in creating the future of women's wealth below the waist!
Savannah D'Orazio aka Sav Works is a financial coach and educator who is passionate about helping individuals and families build wealth and achieve financial freedom. With years of experience in business, Savannah has developed expertise in strategic planning, investing, and more. She believes that financial education is a critical tool for empowering people to take control of their financial futures and achieve their goals. Through the Generational Wealth Works 30 day Wealth Building Jumpstart Program, Savannah and her partner Chris help clients to navigate the complex world of personal finance and support their journey to build generational wealth for themselves and future generations.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Question from the previous guest:
Clive's question: In what quarter will interest rates start to decrease?
Savannah's answer: There's a chance that interest rates might go down again in the summer, but I think they'll be lowest next during Q1 of 2024. Some experts think that the government will keep interest rates low to help the economy grow and recover but that is not promised! It's important to remember that things can change quickly, so it's a good idea to evaluate your investment so the interest rate feels less relevant to the decision before making any big commitments.
Key Quotes:
You have to have the spirit and the willingness to think bigger.- Savannah D'Orazio
“Find what that is for you and then go big, do it all the way, commit, and live your best life.” - Savannah D'Orazio
Diversification, whether it's actually in your portfolio or if it's in your life, is critical.
That's why I think it's important to always read things that you disagree with, and if you don't do that, that's how you're protecting your ignorance. - Savannah D'Orazio
We have to diversify in everything, in what we read and what we consume, and who we're around. - Savannah D'Orazio
Resources mentioned:
The Power of Zero https://www.amazon.com/gp/product/1984823078/ref=sw_img_1?smid=ATVPDKIKX0DER&psc=1
Connect with Savannah!
Website - http://www.generationalwealthworks.com/
Youtube - https://www.youtube.com/@the_works
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this Flashback Friday Featured episode, Lisa Hylton answers our questions about funds and what makes it different from investing in a syndication. She also talks about her real estate journey and gives a realistic perspective on building a business, which a lot of us will surely relate to!
Lisa Hylton is the host of The Level Up REI Podcast, VP of Finance for a Real Estate Tech Start-Up and founder of Lisahylton.com, a commercial real estate fund management firm that was created to help accredited investors gain diversification across private commercial real estate investments. When she’s not investing in real estate, she is hiking, dancing Argentine tango, paddle boarding, practicing yoga, taking evening walks, swimming, traveling, embarking on wine country getaways, and trying new adventures.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
________________________________
[00:01 - 07:56] Who is Lisa Hylton? Growing up in a real estate family Buying a property in Grand Cayman and being an out-of-the-country landlord Why she almost gave up on real estate and how she found her way back
[07:57 - 17:13] Investing in a Syndication vs. Investing in a Fund What is syndication? How Lisa got into syndication Networking is key Her first foray into doing funds Creating a fund that enables people to choose deals they want to invest in
[17:14 - 32:12] Playing the Long Game How Lisa is taking action in her life right now Finding longevity in real estate Why she decided to go back to a W2 job What it takes to build and sustain a business
[32:13 - 40:37] Closing Segment The final 2 questions Lisa on diversification: Doing intelligent diversification Connect with Lisa!
Key Quotes “Who you hang around matters. This opportunity came because I was around people who were thinking bigger than me and saw opportunities that I did not see.” - Lisa Hylton
“Anything that you're thinking about doing, finding a way to do it will provide you with a lot of clarity.” - Lisa Hylton
“I think that funds are a long-term play because they require money for you to start. It’s going to require a couple of thousand to get started, to get it off the ground. Eventually, the funds really start paying as you continue to make really good investments.” - Lisa Hylton
Resource Mentioned: The Leve Up REI Podcast: Leveling Up Communities with Nicole Pendergrass https://lisahylton.com/leveling-up-co...
Connect with Lisa Hylton!
Follow her on LinkedIn https://www.linkedin.com/in/lisa-hylt...
Instagram https://www.instagram.com/lisahyl/
Facebook https://www.facebook.com/lisa.hylton.92
Twitter https://twitter.com/LisaHylton16
Subscribe to her YouTube channel / @lisahylton2559
and join their Facebook community https://www.facebook.com/groups/12449....
Visit https://lisahylton.com/ for her podcast, blog articles, and investment opportunities.
Check out The Fund Accelerator https://lisahylton.com/the-fund-manag... to learn more about fund creation!
Let’s get connected!
You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk... or
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
Welcome to another exciting episode of the Share The Wealth Show!".Today, we are thrilled to have Savannah D'Orazio join us once again as she delves deeper into the captivating world of artificial intelligence (AI). Savannah brings a wealth of knowledge and experience to the table and will guide us through the intricacies of ChatGPT, and its profound impact on wealth creation.💸
She will uncover the secrets 🔓 behind ChatGPT's remarkable ability to empower individuals on their journey toward building wealth. Savannah will enlighten us about the groundbreaking potential of this AI technology, revealing how it can offer invaluable insights, strategies, and solutions that have the ability to optimize investment returns and drive entrepreneurial success.
Savannah D'Orazio aka Sav Works is a financial coach and educator who is passionate about helping individuals and families build wealth and achieve financial freedom. With years of experience in business, Savannah has developed expertise in strategic planning, investing, and more. She believes that financial education is a critical tool for empowering people to take control of their financial futures and achieve their goals. Through the Generational Wealth Works 30-day Wealth Building Jumpstart Program, Savannah and her partner Chris help clients to navigate the complex world of personal finance and support their journey to build generational wealth for themselves and future generations.
Join us as we unravel the immense power of ChatGPT in empowering wealth building and get ready to unlock a world of possibilities and gain a fresh perspective on how AI can revolutionize your financial aspirations.!🔥
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Key Quotes:
“I don't think that you can get everything from a machine, but you can certainly enhance what you're doing with that” - Savannah D'Orazio.
“I don't have to make money the root of all evil. I can accept that my choices will lend themselves to the type of lifestyle that I want to live and if that's in my purpose, and if that is to serve others. Like, serious issues in society. Then, I have to authentically step into that.
- Savannah D'Orazio.
“We have to understand and accept that people do not derive fulfillment for money.
I know what money can do for me, and I know what money will never do for me.” - Savannah D'Orazio.
Connect with Savannah!
Website - http://www.generationalwealthworks.com/
Youtube - https://www.youtube.com/@the_works
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
It takes more than one person to break generations of racial barriers. We all have to work together to empower our people and bring economic and social transformation.
In this Flashback Friday Featured episode, Thomas Lopez-Pierre joins us again today to talk about how we can take action to create collective change. Supporting black businesses and black banks is key to a thriving community. He also believes that we need to learn from other groups who overcame their own struggles and have the knowledge and resources to help us close the wealth gap.
Listen in for another packed episode with Thomas!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
________________________________
[00:01 - 17:00] Coming Together To Build Black Wealth Check out part 1 of the interview with Thomas! How to grow the business and community through strong partnerships The education versus capitalist society Learning from other groups and leveraging capitalism Black people need to be smarter in their investments
[17:01 - 24:09] Closing Segment The final 2 questions Thomas on diversification: Believing in diversity and not putting all the money in one developer Connect with Thomas!
Key Quotes “If you're going to live the Gucci lifestyle, the bling-bling lifestyle, do it off passive income, don't do it off earned income.” - Thomas Lopez-Pierre
“I hate to break it to you: Your home, it's not an investment. Your home is an expense. You have to pay a mortgage for that and if you stop paying the mortgage, you get foreclosed. An investment is when you have tenants paying you rent, and if they stop paying you rent, you will evict them. That's an investment of black people, food for thought.”- Thomas Lopez-Pierre
“Invest in things that produce cash flow, not things that make you feel like a bourgeois, you know, feeling important because you will achieve some social status.”- Thomas Lopez-Pierre
Resource Mentioned: The Color of Money by Mehrsa Baradaran https://www.amazon.com/Color-Money-Bl...
Connect with Thomas Lopez-Pierre through his website https://blmref.com/
and follow him on his socials at
Facebook https://www.facebook.com/thomaslopezp...
and Twitter https://twitter.com/votelopezpierre?l...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
For far too long, the playing field has been tilted in favor of those with power and wealth, leaving many individuals and communities struggling to make ends meet. But there are ways to navigate the system and leverage its resources to build a better future for yourself and your loved ones.❤️
In this episode, Savannah D'Orazio talks about the systemic barriers that have prevented many individuals and communities from achieving financial success. She also shares her insights on how one can overcome these obstacles by acquiring the necessary skills to navigate the system and leverage it to their advantage, ultimately creating a brighter future for oneself and establishing generational wealth for their family.
Savannah D'Orazio aka Sav Works is a financial coach and educator who is passionate about helping individuals and families build wealth and achieve financial freedom. With years of experience in business, Savannah has developed expertise in strategic planning, investing, and more. She believes that financial education is a critical tool for empowering people to take control of their financial futures and achieve their goals. Through the Generational Wealth Works 30 day Wealth Building Jumpstart Program, Savannah and her partner Chris help clients to navigate the complex world of personal finance and support their journey to build generational wealth for themselves and future generations.
So sit back, grab a pen and paper, and join us as we explore how to turn the tables on a system that was built to hold you back.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Key Quotes:
“It's important to step outside of that fear and outside of those what I think are just like emotional blocks, and really step into understanding, if this is how the system operates, how can I use that to ultimately, still meet my goals." - Savannah D'Orazio
“Generational wealth is one’s ability to accumulate resources that last them or the people that they care for longer than one generation. It’s about originating and adding value in a way that can sustain you,” - Savannah D'Orazio
Resources mentioned:
The Power of Zero
https://www.amazon.com/gp/product/1984823078/ref=sw_img_1?smid=ATVPDKIKX0DER&psc=1
Connect with Savannah!
Website - http://www.generationalwealthworks.com/
Youtube - https://www.youtube.com/@the_works
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Success and achieving financial freedom in real estate is the "American dream." Of all the possible career paths and pathways you could take to get there, becoming a successful successful real estate investor is one of the most lucrative and fastest ways to achieve wealth and prosperity. But it doesn’t come easy if you’re Black and poor.
In this Flashback Friday Featured episode, Thomas Lopez-Pierre discusses how black people can secure their financial future, achieve equal opportunities and create passive income and build wealth for themselves and their families.
Thomas Lopez-Pierre serves as President/CEO of Black Lives Matter Real Estate Forum, LLC, a Black and Hispanic-owned social impact advisory firm that specializes in launching economic empowerment campaigns that build wealth and create jobs for Black and Hispanic people. Black Lives Matter Real Estate Forum, LLC was founded on June 12, 2020, in the wake of the murder of George Floyd by the police. Black Lives Matter Real Estate Forum, LLC sponsors a family of private equity real estate funds (i.e.: BLMREF Fund I, LLC, Black Doctors Real Estate Fund, Black Lawyers Real Estate Fund).
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
________________________________
[00:01 - 13:30] Who is Thomas Lopez-Pierre? How the Black Lives Matter Real Estate Forum started Generating a passive income with your earned income through real estate Creating opportunities and jobs for the black community How to get started in investing
[13:31 - 18:48] Working Hard Is Not Enough The lies Black Americans believe Hard work versus smart work Colorism: How skin tone bias affects racial equality on opportunities Hard truth: Education does not equate to high pay The advantage of owning a property
[18:49 - 23:04] Black People Need Economic Power What keeps the black community from supporting each other Breaking free from the slave mentality We need more black-owned businesses
[23:05 - 23:49] Closing Segment
Watch out for part 2 of our conversation with Thomas!
Key Quotes
“White folks just have more choices, and so their children are less likely to engage in antisocial and criminal behavior. We want to give our community those same choices.” - Thomas Lopez-Pierre
“Tenants don't pay you rent because you have a college degree. They pay you rent because your name is on the deed.” - Thomas Lopez-Pierre
“Black Americans have the lowest of any group of buying real estate, securities, starting businesses… We have to give our people economic opportunity.” - Thomas Lopez-Pierre
Connect with Thomas Lopez-Pierre through his website https://blmref.com/the-thomas-lopez-p...
and follow him on his socials at Facebook https://www.facebook.com/thomaslopezp...
and Twitter https://twitter.com/votelopezpierre?l...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
Closing a multimillion-dollar deal is an achievement that requires a deep understanding of your own value and the ability to effectively communicate it to others.
In today's fast-paced business environment, it's more important than ever to have a strong sense of your own worth and the unique value you bring to the table.
On this episode of the Share The Wealth Show, we are pleased to welcome back Clive Davis, as he continues to share the strategies he used and his experience in successfully closing multi-million dollar deals with the right mindset.
After graduating from Columbia Law School, Clive worked for four years as a corporate transactional lawyer in Banking, Real Estate, M&A and Securities with a global
Wall Street law firm, headquartered in NY, NY, with assignments in Menlo Park, CA and Hong Kong, China. Six years In-house counsel experience with a global pharmaceutical company, headquartered in New York. Nine years in Atlanta as a Chief Compliance Officer of a Belgian biopharmaceutical company. Clive holds a Juris Doctorate from the Columbia University School of Law and is admitted to practice in New Jersey, New York, and before the Court of International Trade. He holds a M.A. from SUNY at Albany and a B.A., with high honors, Rutgers University. Throughout the entirety of this twenty-year career, he remained actively invested in real estate with a small portfolio of holdings.
Clive decided 2017 was the time and walked away from corporate life in pursuit of his interests and passion as a full-time real estate investment entrepreneur. Since founding Park Royal Capital in 2017 Clive Davis has personally invested in more than 2,500 multifamily rental units, as well as a portfolio of hotels based in Atlanta where he has resided since 2005. Most recently Park Royal Capital acquired two Atlanta multifamily properties totaling 444 units with a combined value of over $70M.
So whether you're a seasoned negotiator or just starting out in your career, this episode is packed with valuable insights and strategies to help you close bigger deals with mindset and find your value in the process. So sit back, relax, and enjoy the show!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Quote:
“Mindset is so key in this business and not just in real estate, but definitely it's needed.
You have to have the right mindset. You got to figure out what advantages you bring to the table.” - Clive Davis
“You've got to know who you are and the value that you bring.” - Clive Davis
“Wealth means the freedom to do the things that you deem to be important.” - Clive Davis
Connect with Clive!
Website - www.parkroyalcapital.com
Linkedin - https://www.linkedin.com/in/clivedavisesq/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
For anyone who has dreams of building their own real estate empire, Jhanel Wilson is a testament that the opportunities to succeed in the industry as a minority and a woman are truly endless. With grit, creativity, and finesse, she started her journey with a lack of capital and, nearly two decades later, has built a portfolio worth over $10 million, comprising 100-plus units.
A chemical engineer-turned-investor, Jhanel’s mission is to assist others in removing the fear and complexities around breaking into real estate. By empowering people with the knowledge and resource they need, she hopes to demonstrate how real estate can help individuals to achieve financial freedom and gain greater control over their lives.
In today's Flashback Friday Featured episode, Jhanel drops some valuable nuggets of wisdom for those looking to break into the industry. Let’s get started!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
________________________________
[00:01 - 16:50] Who is Jhanel Wilson?
Investing in real estate at 22 Using debt as a capital Her strategy: Shifting from credit cards to commercial loans
[16:51 - 27:00] How to Use 100% Financing to Build a Real Estate Empire
Types of lenders to make your necessary purchase Use the top-tier lenders who have the best rates Networking and building relationships are key to success The common misconceptions of new homebuyers Choose who you listen to Listen to people who are successful in real estate
[27:01 - 37:57] Creating Wealth and Setting up a Protection Plan
Jhanel talks about her portfolio and what it is comprised of How to protect her portfolio Making a non-investor a trustee Her advice for those just starting out in the industry Learn how to spot a property that’s less than what it's worth and know how to get it up and running
[37:58 - 44:05] Closing Segment
The final 2 questions Jhanel on diversification: Focus on one thing and master it Connect with Jhanel!
Key Quotes
“This is a common misconception that you can only use business loans or commercial loans on business properties. But no, you're just using these properties as a business… You can get a commercial loan, a business loan on a single-family home because it's generating income. ” - Jhanel Wilson
“Some problems are bigger than the next, but they think it's a lot harder than it really is. And maybe once you kind of unlock that, it's not that bad. You kind of start and just go.” - Jhanel Wilson
“It's because there is like so many negative people and naysayers that scare you. And you don't realize that you shouldn't listen to them. You don't listen to people who were not successful with it. You shouldn't listen to people who are not investors.” - Jhanel Wilson
Connect with Jhanel! jhane@thesavvyrei.com https://linktr.ee/Jhanel.Wilson
Instagram https://www.instagram.com/jhanelwilson/
LinkedIn https://www.linkedin.com/in/jhanel-wi...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today’s episode of the Share The Wealth Show, Clive Davis will be discussing a common misconception about passing W2 income to your heirs, and his journey of leaving the corporate world to provide his children with more opportunities and choices in life. ✨
After graduating from Columbia Law School, Clive worked for four years as a corporate transactional lawyer in Banking, Real Estate, M&A and Securities with a global
Wall Street law firm, headquartered in NY, NY, with assignments in Menlo Park, CA and Hong Kong, China. Six years In-house counsel experience with a global pharmaceutical company, headquartered in New York. Nine years in Atlanta as a Chief Compliance Officer of a Belgian biopharmaceutical company. Clive holds a Juris Doctorate from the Columbia University School of Law and is admitted to practice in New Jersey, New York, and before the Court of International Trade. He holds a M.A. from SUNY at Albany and a B.A., with high honors, Rutgers University. Throughout the entirety of this twenty-year career, he remained actively invested in real estate with a small portfolio of holdings.
Clive decided 2017 was the time and walked away from corporate life in pursuit of his interests and passion as a full-time real estate investment entrepreneur. Since founding Park Royal Capital in 2017 Clive Davis has personally invested in more than 2,500 multifamily rental units, as well as a portfolio of hotels based in Atlanta where he has resided since 2005. Most recently Park Royal Capital acquired two Atlanta multifamily properties totaling 444 units with a combined value of over $70M.
So, join us as we dive into Clive’s journey and the importance of building wealth and creating opportunities for the next generation!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Quote:
“If you believe in yourself, failure is not an option.” - Clive Davis
“It doesn't matter how highly compensated you are, you cannot pass on a high W2 income to your heirs. So, you've got to be thinking about, If I am blessed to be highly compensated, what am I doing to convert that high W2 income into appreciating assets that are going to contribute to the creation of generational wealth.” - Clive Davis
“When I talk about generational wealth, I'm talking about impacting my not yet conceived grandchildren. So, I already know my kids are going to be fine, but I'm talking about leaving something that my grandchildren, who may or may not come to know me, they will be fine based upon the foundation that I've set for them.” - Clive Davis
“I wanted them (my kids) to have the privilege to be able to select the thing that they are truly passionate about. I think you should give your children all the privilege that you you're able to and you're blessed to.” - Clive Davis
Connect with Clive!
Website - www.parkroyalcapital.com
Linkedin - https://www.linkedin.com/in/clivedavisesq/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today's Flashback Friday Featured episode, We’ve talked about financial wealth but we’re putting the focus on mental wealth. Now more than ever, in these uncertain times, we all need to know how to take care of ourselves. Rich Jones sits down with us today to share his story of healing and shifting into a more holistic lifestyle. From personal finance advice, he also talks about centering his work more on holistic wellness, which he believes is essential to our physical and mental health.
Rich is the host of The Mental Wealth Show and Executive Editor of Find More Balance, a multimedia platform dedicated to holistic wellness for high performers. He's also a master's track and field athlete competing around the country in the long jump. By day, Rich works in Diversity, Equity, and Inclusion at Google.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
________________________________
[00:01 - 09:47] Who is Rich Jones? His season of healing and going back to being a track and field athlete Seeking holistic wellness and helping others to know about it Rich explains the benefits of ice baths
[09:48 - 31:45] Going Through a Holistic Journey How Rich is using his credit cards to fit his lifestyle Effectively accumulating points Taking a mental health leave from his job and learning about his CPTSD Building his support system and how it helped him with his struggles, especially with alcohol Getting to the root of his issues with EDMR therapy It’s never about what’s happening in the moment Shifting from Paychecks & Balances to Find More Balance Personal finance is still important but it’s about looking at a bigger picture Being able to speak publicly about his problems is a testament that therapy and self-care works Why you need to find time for yourself
[31:46 - 39:11] Closing Segment The final 2 questions Rich on diversification: Take a pause when you need to and don’t do too much at the same time Connect with Rich! Key Quotes: “I've really been learning through this holistic journey how to create a lifestyle that works for me. And that allows me to achieve more of what I want in life while also still having financial freedom and not creating debt for myself.” - Rich Jones “When we get triggered, it's never about that thing that's happening in the moment. It's about something that was encoded and embedded a long, long time ago.” - Rich Jones “There has to be some time that like, you carve out that’s just for you and once you get consistent about it, you train everybody else around you that like that time as you.” - Rich Jones Connect with Rich Jones!
Follow him on LinkedIn https://www.linkedin.com/in/iamrichjo...
Instagram https://www.instagram.com/iamrichjone...
Twitter https://twitter.com/iamrichjones
Head over to the Paychecks & Balances website https://paychecksandbalances.com/ and the Find More Balance website https://findmorebalance.com/ to know more about the work he does.
Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pe... Instagram https://www.instagram.com/nvestornikk... or
Facebook https://www.facebook.com/nvestornikki or
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
Success is something that we all strive for, but it can often seem elusive and difficult to attain.
In today’s episode of Share The Wealth Show, we are pleased to have Donte back with us to continue sharing his journey to success and the key steps he took to reach his goals.
Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy.
Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community.
When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.
So if you're ready to unlock your potential, tune in to this episode as we explore the key steps to success.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Quote:
“Wealth means Freedom, I grew up really, really poor and we're captive to poverty a lot of time and I don't have the freedom to try certain things. Sometimes poverty doesn't allow you to diversify, so you're stuck in ignorance.” - Donte Jones
“People try to learn before they do because that's what we're taught.
We're taught to learn before you do, school teaches you to read the instructions.
You do this and do that right. But in business just do.”
- Donte Jones
“ Step one is do and then as you're doing, learn. The learning process is scary, the more you learn, the more scared you're gonna get, the more afraid you're gonna be and you're never gonna do.” - Donte Jones
Connect with Donte!
Website - www.LyricallyCorrect.com
Instagram - @LyricallyCorrectGame
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today's Flashback Friday Featured episode, Larry Pendleton joins us to provide useful tips on how entrepreneurs can be smarter with taxes. He goes in-depth on business structures and breaks down their tax implications. Larry also shares his thoughts on how minorities and non-minorities approach their tax and wealth-building strategies, and why he is building passive cash flow through real estate.
Larry Pendleton is a real estate investor and CPA with a passion for adding value to fellow investors through tax consulting and accounting services. His mission is to help people achieve financial freedom through real estate investing and tax strategies. He’s been a CPA for over 8 years with over a decade of experience in tax consulting & preparation, cost segregation studies, accredited investor validation, accounting, auditing, and bookkeeping. His team consists of 5 tax and accounting professionals servicing 200+ professionals in real estate in the US. He also brings over 6 years of real estate experience in buy and hold multi & single-family housing, corporate housing, short-term rentals, and flips. He has stakes in various syndications and joint ventures across the US overseeing 11 cash-flowing properties, consisting of 53 doors and 2 lots of land for new construction in 2022. He adds value to these groups in capital raising, tax strategy, investor relations, and underwriting. Most importantly, Larry is married to his beautiful wife, Whitney, and he’s the proud father of two handsome sons, Larry III and Wesley.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator?month=2023-04
________________________________
[00:01 - 11:15] Who is Larry Pendleton?
Larry discusses how he got into real estate
His background in public accounting, audit, and eventually building PC Financials
Seeing how his father dealt with taxes inspired him to serve other business owners
[11:16 - 21:24] How to Be Strategic With Taxes
The mistakes people do that cost more taxes
Understanding the entity types
single-member LLC vs S Corp
Knowing when to be an S Corp election
Consult with a tax strategist or accountant
[21:25 - 24:55] The Mindset of Minorities Around Taxes
Thinking of immediate needs vs long term
Who are you surrounding yourself with?
Communities need to come together more
[24:56 - 30:54] Serving the Mission
Why Larry almost quit real estate
Learning about multifamily
Opening up his time to help more people by earning passive cash flow
[30:55 - 36:24] Closing Segment
The final 2 questions
Larry on diversification: Do you truly understand what you’re investing into?
Key Quotes
“When you go self-employed, you're now responsible for all the FICA taxes, that's an additional 15.3% on top of the federal income tax rate as well. That's why it goes from an employee being taxed on 30 to 40% of their income to self-employed individuals being taxed on 50 to 60% of their income.” - Larry Pendleton
“We're trying to pinch every penny and squeeze everything out in the world but at some point, you have to bring in professionals in certain aspects that like, you're not skilled at.” - Larry Pendleton
“I don't see them [minorities] compiling their resources to buy a business or property or whatever so that no one is straining themselves or leveraging the strength of their group. Whereas non-minority groups are doing that more often.” - Larry Pendleton
Resources Mentioned:
Rich Dad Poor Dad by Robert T. Kiyosaki
Finding Your Why by Simon Sinek, David Mead, Peter Docker
Who Not How by Dan Sullivan, Benjamin Hardy
The E-Myth by Michael Gerber
Connect with Larry Pendleton! Follow him on
https://www.linkedin.com/in/larry-pen...
https://www.facebook.com/profile.php?id=100012395678547
Check out his Linq page, too!
https://linqapp.com/LarryPendletonCPAinRealEstate
Contact him directly at 757-535-8592 and book a meeting now!
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki
or visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
In this episode of the Share The Wealth Show, we welcome back Donte Jones as he continues to share his journey of turning an idea into a successful product!
He shares:
💥how social media can be a game-changer for your business and how it can be leveraged to generate revenue
💥his experience of making $100k in just 4 months using social media to launch their product.
Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy.
Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community.
When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Quote:
“I think the best business advice I give people is just do the business. Just do whatever it is you want to do and then later, the business will come” - Donte Jones
“It was my experience having managed companies and watching business owners throw money at problems, that strategy and resilience and hard work could solve.”
- Donte Jones
“Nowadays you can't build a brand without building a social media presence, you have to establish credibility.” - Donte Jones
Connect with Donte!
Website - www.LyricallyCorrect.com
Instagram - @LyricallyCorrectGame
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this Flashback Friday Featured episode, Jerome Myers looks back at the pivotal moment that made him decide to drop out of corporate America and take his agency back through real estate. He breaks down how he overcame the obstacles he faced starting out in multifamily and gain success. He also shares his honest thoughts about not letting things that you can’t change hinder you from reaching your dreams.
Jerome Myers (a/k/a "J") is a developer of people and places. He is the founder and Chief Inspiration Officer of two ventures. DreamCatchers is a boutique coaching firm that supports first and second-generation wealth creators to self-actualize and attain transcendence, and The Myers Development Group, where we help ordinary people invest in multifamily real estate in a way that creates generational wealth. Through these entities, he gets to live out his childhood dreams of helping people manifest the things they imagine and he is the evidence that dreams should be real.
Since leaving corporate America after building a 20MM division, J has become one of the most sought-after thought leaders in the multifamily development space. His company, The Myers Development Group, built a multi-million-dollar portfolio following the principles of Myers Methods. Although he's often told that he makes investing look easy, the people closest to him know the road wasn't without challenges. So, he created Myers Methods, a real estate education company, to dispel many of the myths related to the industry and educate investors on his 4-step process to owning and operating apartments.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicr...
________________________________
[00:01 - 19:28] Who is Jerome Myers?
Losing his agency in corporate America
His experience as the bearer of bad news to his team
Moving out of the corporate world and into multifamily
The challenges he faced in financing
Finding potential partners
[19:29 - 23:22] Articulating What You’re Bringing to the Table
Figuring out the value you can add
Getting foundational knowledge
Building credibility
[23:23 - 30:57] Don’t Let Anything Stop You
Controlling the things you can control
Why people with varying backgrounds and experiences should have the courage to create their own platforms
Eliminating excuses whatever they may be
[30:58 - 39:40] Closing Segment
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
The final 2 questions
Jerome on diversification: Wealth is built by you being the best at something in the world and then you diversify that wealth
Connect with Jerome!
Key Quotes
“Wealth is built by you being the best at something in the world. That's how you build your wealth. And then you take that wealth, and then you diversify it across many different investments so that if something catastrophic happens, you don't lose everything.” - Jerome Myers
“Every investor is trying to overcome four things, knowledge, deal flow, experience, and capital. And they're overcoming those four challenges in that order every single time.” - Jerome Myers
“There is no reason for you not to be able to make your dreams a reality. It's just a mindset thing.” - Jerome Myers
Resource Mentioned:
Rich Dad’s Cashflow Quadrant by Robert T. Kiyosaki
Connect with Jerome Myers! Follow him on LinkedIn and Instagram or head over to jeromemyers.co.
Get his FREE guide at myersmethods.com if you want to know more about multifamily investing!
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
In today’s episode of The Share The Wealth Show, we have Donte Jones and we'll dive into Donte's journey from the banking industry to law school and eventually to entrepreneurship. He'll share his insights on how he discovered his passion for creating a positive impact on the world and how he turned that passion into a successful business.
Donte Jones is a corporate attorney and entrepreneur who was born and raised in East Harlem. He graduated from A. Phillip Randolph High School and earned a degree in Finance from The State University of New York College at New Paltz, where he joined INROADS and Omega Psi Phi Fraternity, Incorporated. He worked at J.P. Morgan Chase for ten years before earning his Juris Doctor from the University of North Carolina School of Law. Donte is also the CEO of Lyrically Correct, a music trivia card game, and is actively involved in philanthropy.
Donte is extremely proud of establishing the Matthew Jones Scholarship for a Professional Wardrobe given to students at A. Philip Randolph. and co-founded C.O.O.L Kids NYC, a non-profit organization that cultivates socially conscious leaders in the next generation. Donte believes that it is his duty to take the knowledge and experience he has gained and use it to help better the lives of the children in his community.
When Donte is not functioning as a lawyer or business owner, he enjoys spending time with his amazing wife, Tiffany (who is also from Harlem), and his children Morgan and Donte Jr. who are affectionately known as MJ and Deuce.
So sit back, relax, and join me in this conversation with Donte Jones, as we explore how he turned his passion into a thriving business, and the lessons he's learned along the way.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Quote:
“If we're talking about business, do whatever it is you want to do and let the business figure itself out.” - Donte Jones
“Praying for discernment, understanding, praying for God to be able to hear God's voice.
I'm spending time in God's word, spending time in the church right then, listening.
Finding a pastor that you trust to deliver the message of God. That all of those things are important” - Donte Jones
Connect with Donte!
Website - www.LyricallyCorrect.com
Instagram - @LyricallyCorrectGame
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this Flashback Friday Featured episode, we welcome back Billy Keels as he explains that there is no 100% accurate information to make decisions. The most important metric is “Return on Sleep” (ROS) and it means exactly what it sounds like. Ask the questions and go with decisions that let you sleep at night.
He discusses further the importance of having the right people around you. Invest your time in finding resources of information, start conversations with other people, and make an impact on their life.
Tune in now and take notes you can share with others!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicr...
________________________________
[00:01 - 06:51] Return on Sleep (ROS)
Check out part 1 of my interview with Billy Keels!
Every single investment is going to be risky
Asking the uncomfortable questions
How to get a positive ROS
Spending time with your syndicator or operator
Knowing their track record
Doing proper due diligence
[08:07 - 15:47] Safeguarding Your Wealth
Talk to tax professionals
Billy on letting his kids be comfortable with talking about money
Understanding not just how much money you make but how much money you actually keep
How Billy unlocked passive income
Having more control of his financials with real estate
Looking for other options for cash flow
[15:48 - 19:35] Investing Your Time With the Right People
Finding networks and resources of knowledge
Prevent the perpetual rat race
Share information with other people and start conversations
[19:36 - 28:35] Closing Segment
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
The final 2 questions
Billy on diversification: At some point, you need to make a bet and do the things you really want to do
Connect with Billy!
Key Quotes
"Because you're investing your time, don't just let this be an exercise where you're just watching this and going on to the next thing. Talk about today's conversation, share it with other people and be able to impact their lives positively.” – Billy Keels
“When you are engaging with your operator, and you're talking to a syndicator. If they cannot or do not answer your questions in the way that makes sense for you, then it's okay. It's just not the right fit. I mean there's a lot of people that are out providing a very similar service. So it's a matter of, ‘You just need to find the person, the operator, the syndicator that helps you, that gives you the answers in the way that you need the answers received so that you feel comfortable once again.'” - Billy Keels
Resource Mentioned
Going Long Podcast with Billy Keels - Episode 118: Nicole Pendergrass
https://podcasts.apple.com/us/podcast...
Connect with Billy on the First Generation Capital Partners website here
https://www.firstgencp.com/
Follow him on
LinkedIn https://www.linkedin.com/in/billykeels/
Instagram https://www.instagram.com/billykeels/
Twitter https://twitter.com/billykeels
Listen to the Going Long Podcast!
https://podcasts.apple.com/us/podcast...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
In this episode of the Share the Wealth Show, we welcome back Kenzy Barrett as she shares her fascinating journey as a real estate investor who has gone from owning vending machines to owning multifamily properties and building her own syndication.
She will also share her unique perspective on gentrification and how she’s taking a new approach to this often controversial issue. ✨
Kenzy A. Barrett is a young entrepreneur who is determined to blaze a trail of success. She started her financial journey by selling cold drinks and snacks from a vending machine, and has since grown her business to include multifamily real estate. Not only is she building her own wealth, but she’s also helping others to do the same.
Kenzy has a podcast called The New Adults Club which focuses on teaching young adults about the various aspects of adulthood - from finding a job to building wealth and everything in between. By addressing the needs and desires of young adults, The New Adults club is helping to empower a new generation of entrepreneurs.
Kenzy is passionate about making a positive impact in the world, and she’s doing that through her business, her podcast, and all of the resources she makes available to her listeners. Through her hard work and dedication, she is an inspiration to anyone who’s interested in starting their own business ventures.
So sit back, relax, and join us as we share the wealth of knowledge and inspiration with our listeners!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Quote:
"Wealth to me is peace, wealth is happiness. It's waking up and having those two things.
Wealth is definitely not how the number in your bank account, it's your mind and where it's at and your heart." - Kenzy Barrett
“First I want to do that, you know, I just want to be myself and be an inspiration to other people.
And secondly, I want to introduce syndication to my community.” - Kenzy Barrett
Connect with Kenzy!
Instagram- https://www.instagram.com/kenzyabarrett/
Linkedin - https://www.linkedin.com/in/kenzy-alvarado-barrett/
Podcast - https://www.thenewadultsclub.com
Link to Gentrification Article -
https://www.blueprintlandmarks.com/post/an-open-honest-conversation-about-gentrification
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
For W-2 employees looking for opportunities outside corporate life, this episode is for you!
In today's Flashback Friday Featured episode, Our guest Billy Keels is on a mission to help those high-wage earners and/or retirees that have been forgotten about by so many in society. He's determined to help you feel comfortable and confident going against conventional wisdom by being okay with investing real assets and doing that beyond your backyard! As a long-distance real asset investor, Billy is utilizing the skills that he's developed over the last 23 years as a happy, successful corporate employee at some of the world's largest market-leading IT multinational companies to become an entrepreneur.
As part of his journey, he's hyper-focused on consistently helping people to create new alternatives for their life so that you can be also happy about going into your job (or not)! As he builds his family of investors and students he's determined to help each one of them enjoy each and every moment doing the things that they love most. With a desire to add as much value to each interaction that he has, the 20+ years of travel throughout some 86 countries, working with multiple global currencies, his ability to fluently speak 5 languages, and his passion for living and working across cultures are just some of the qualities that make Billy unique in his ability to serve each and every person that he comes into contact with.
Listen in and learn how you can overcome your uncertainties and start your journey to financial freedom!
________________________________ FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicr... ________________________________ [00:01 - 09:08] Who is Bill Keels?
Adapting what his parents taught him growing up Getting access to a great education and traveling Learning new languages from living in different countries Being exposed to a lot of different things Taking action and being curious
[10:17 - 15:20] Overachieving And Retiring After 26 Years In Corporate
A recovering perfectionist Not coming from money, Billy’s driven to achieve Lessons learned from losing money in the stock market twice Realizing the things he’s missing out in life as a corporate employee Getting out of your comfort zone
[15:21 - 22:21] Taking Control of the Outcomes of Life
Being comfortable with money Growing up, talking about money is taboo Understanding different financial opportunities Helping other people discover financial freedom What’s the first step in vetting a sponsor or operator?
[22:22 - 32:50] Closing Segment
The final 2 questions Reach out to Billy Links below Watch out for part 2 of our conversation with Billy!
Key Quotes “I didn't sign up to be the top executive and also missing out on the things that were really important to me. And so it was from that moment that, when I look back on it now, that was really the catalyst to get me to do what I wanted to do, which was really have more control over the financial outcomes of my life.” - Billy Keels
“It's not really about having more money… It's about being able to do what you want to do with whom you want to do it.” - Billy Keels
Resource Mentioned Going Long Podcast with Billy Keels - Episode 118: Nicole Pendergrass https://podcasts.apple.com/us/podcast...
Connect with Billy on the First Generation Capital Partners website here https://www.firstgencp.com/ Follow him on LinkedIn https://www.linkedin.com/in/billykeels/ Instagram https://www.instagram.com/billykeels/ Twitter https://twitter.com/billykeels Listen to the Going Long Podcast! https://podcasts.apple.com/us/podcast...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe... Instagram https://www.instagram.com/nvestornikk... or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
In this episode of the Share the Wealth Show, we have with us a young entrepreneur, Kenzy Barrett who started her own vending machine business from scratch. She will share with us her journey in starting a vending machine business:
✨ the challenges she faced, and how she overcame them
✨ the strategies she used to grow her business
✨ tips she got from reading Rich dad Poor Dad and all the lessons she learned along the way
Kenzy A. Barrett is a young entrepreneur who is determined to blaze a trail of success. She started her financial journey by selling cold drinks and snacks from a vending machine, and has since grown her business to include multifamily real estate. Not only is she building her own wealth, but she’s also helping others to do the same.
Kenzy has a podcast called The New Adults Club which focuses on teaching young adults about the various aspects of adulthood - from finding a job to building wealth and everything in between. By addressing the needs and desires of young adults, The New Adults club is helping to empower a new generation of entrepreneurs.
Kenzy is passionate about making a positive impact in the world, and she’s doing that through her business, her podcast, and all of the resources she makes available to her listeners. Through her hard work and dedication, she is an inspiration to anyone who’s interested in starting their own business ventures.
So, if you're curious about the vending machine industry and how to turn it into a profitable business, this episode is for you.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Quote:
“There has to be a way for you to sleep and make money and live your life and travel and do all the things that you are excited to do, and you have to be happy to wake up and do what you love. “ - Kenzy
“I think a lot of people get stuck on the idea of finding their soul purpose and they let that prevent them from taking any movement moving forward at all doing anything. Sometimes you just have to pick a general direction, sometimes you have to pick something that's going to give you a skill.” - Nicole
Connect with Kenzy!
Instagram- https://www.instagram.com/kenzyabarrett/
Linkedin - https://www.linkedin.com/in/kenzy-alvarado-barrett/
Podcast - https://www.thenewadultsclub.com
Gentrification Article - https://www.blueprintlandmarks.com/post/an-open-honest-conversation-about-gentrification
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Are you looking to save money this year, invest for the future, and stay ahead of the IRS?
In today's Flashback Friday Featured episode, tax strategist Larry D. West III discusses ways to save on taxes, specifically with regard to the tax code. We also dive deep into estate planning, trusts, and entity structures. Listen in and increase your tax efficiency now!
Larry D. West III is a managing partner of Precision Business Strategies where he leverages 8+ years of experience in the public accounting sector to help business owners maximize profits, minimize taxes, and build personal wealth. His specialized knowledge comes from his niched experience working as a tax and business strategist across different industries and platforms.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicr...
________________________________
[00:01 - 02:05] Who is Larry D. West III? Helping clients with creative tax strategies
[02:06 - 14:07] Tax Optimization Strategies Taking advantage of the Tax Code using a business Opportunities for deductions Strategically spending money Tax strategies for business owners with W-2s Consider your vehicle and mileage Your refund should come from a refundable tax credit Understand how to accurately and appropriately fill out tax forms You should be close to a breakeven Looking at what the government is incentivizing What drives the Tax Code? Contribute to a retirement account Which presents the most tax-efficient opportunity? Market real estate Cryptocurrency
[14:07 - 29:42] Passing Down Property, Inheritance Tax, and Estate Tax Knowing the entity structure When you pass away, your heirs receive a step-up in basis What are lifetime exemptions? Planning ahead of time and shifting things in the estate You should be below the exemption The four basic parts of an estate plan Using an ILIT How to move things in and out of the trust
[29:43 - 36:28] S-Corps vs C-Corps Explained Double taxation and C-Corps S-Corps are not necessarily tax-efficient for real estate Documentation is important
[36:29 - 41:52] Closing Segment Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more! https://noirvestholdings.hubspotpageb... The final 2 questions Larry on diversification: Don’t spread yourself too thin Connect with Larry!
Key Quotes
“If you think about the value of our business, the value of our retirement accounts, the value of our life insurance, the value of our real estate that could easily reach that number pretty quickly.” - Larry D. West III
“One of the things that you can do while you're still here, especially with these limits being so high, is that you can start to give things from yourself to your next generation. You can give your property to them and move it out from your estate. So that you can use that exemption while you're here, instead of losing it in the event that you pass away.” - Larry D. West III
____________________________________
Connect with Larry D. West lll! Visit pb-strategies.com and schedule a discovery call with his team. Follow them on: LinkedIn https://www.linkedin.com/company/prec... Facebook https://www.facebook.com/PrecisionBus... Instagram https://www.instagram.com/precisionbu...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe... Instagram https://www.instagram.com/nvestornikk... or Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
Raising capital for your first real estate syndication can be a daunting task, but it is an essential step toward achieving your investment goals.
In today’s episode of the Share the Wealth Show, we welcome back Sonya Rocvil an experienced real estate investor. Sonya will be sharing her insights and expertise on raising capital for your first real estate syndication. She will discuss her journey, the challenges she faced, and the strategies she used to secure the capital she needed to launch her first project.
Sonya Rocvil is the Principal and Founder of Bedrock Real Estate Investors, a privately-owned real estate company, specializing in the acquisitions and asset management of multifamily apartments in the United States. She has syndicated and operated multifamily deals totaling 462 units and valued at over $25m. Sonya has successfully life-cycled four apartment complexes totaling 374 units. She has also been an equity partner for multifamily investments totaling 438 units and valued at $28.7m.
Sonya began her career as an auditor and later transitioned to finance at a Fortune 500 Company. Her depth of knowledge in business analytics and strategic implementations that drive growth has made her successful in acquiring and operating multifamily properties.
This episode will provide valuable insights and guidance on how to raise capital for your first real estate syndication. So, let's dive in!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[2:54 - 9:49] Approaching Potential Investors
- Nicole emphasizes the significance of demonstrating your expertise and capabilities to others.
- Sonya acknowledges that it can take longer for people who have known you for a while to invest with you.
- They discuss the challenges of approaching potential investors and asking them about their financial situation.
[11:02 -14:20] Finding the Right Real Estate Market
- Sonya discusses her decision-making process for transitioning to a new real estate market.
- She mentions that the events that happened during that time are aligned with her goals. Because of how infrastructures are highly invested at the time.
- Sonya highlights Birmingham's strong and consistent real estate market due to its favorable location and economy.
[11:02 -14:20] What is next for Sonya?
- Sonya discusses her plans to expand her real estate portfolio both in Birmingham and across the Southeast region.
- "Self-directed investment" refers to the ability to invest in assets beyond traditional options like stocks and bonds.
[16:10 - 22:27] Closing Segment
- Sonya answers the Final Questions
- Sonya emphasizes the importance of diversification, stating that investing in hard assets can help balance out potential losses in the stock market.
- Drawing from the game of Monopoly, Sonya stresses the value of starting early, building a foundation, and growing from there.
- Sonya believes that wealth is something that can be passed down and is therefore transferable.
- When asked about her definition of success, Sonya emphasizes that success is a personal definition. For her, success is how and what she can/is willing to do to achieve her goals.
- Sonya also shares a question for the next guest, asking what advice they would give to their younger selves.
- How to get in touch with Sonya
Quote:
"When I think about wealth, I think about it from a generational perspective. How much are you able to preserve for the next set of people that are coming after you."
- Sonya
"Don't be scared to cross that line into the uncomfort zone. because it has to get crossed at some point if you're going to raise capital. "
-Nicole
Connect with Sonya! Website: www.bedrockreinvestors.com
Instagram: https://www.instagram.com/sonyarocvil/?hl=en
LinkedIn: https://www.linkedin.com/in/sonyarocvil/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this episode of Flashback Friday Featured Episode, Nicole Pendergrass and guest, Dr. Felecia Froe talk about how you don’t need to overcome fear before taking action. Bravery means being scared and taking action anyway! Dr. Froe also discusses how she wanted to make her money work for her and also work for other people by giving back with a purpose.
Felecia Froe, MD is the owner of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing. As a real estate syndicator, Felecia has partnered with like-minded investors and has raised money for several social impact projects, including a residential assisted living home in Kansas City, Missouri focusing on providing elderly residents experiencing memory problems with personalized care. With her partners at the Eco Alliance Group, she is providing healthy food to food desert areas with indoor vertical farms and grocery stores.
In addition to real estate investing, Dr. Froe is a licensed urological surgeon with over 20 years of experience. She has written many Best Selling books including "How to Create Wealth that Outlives You". Plus, she is an advocate for sharing the great work others are doing for their community through her podcast Money With Mission Podcast.
----------------------- Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD! Click here to learn more! https://noirvestholdings.hubspotpageb... ------------------------
[02:31 - 12:35] Who is Dr. Felecia Froe? Dr. Felecia realized that medicine and her career as a urologist weren’t the only impact she was going to leave on the world After reading Rich Dad Poor Dad, Dr. Felecia realized that Passive Income was the tool to build wealth Meeting a patient who was a real estate investor and how that changed everything The fear that Dr. Felecia felt when assuming a VA loan for her first property When you realize that money is abundant, you won’t be afraid of losing it
[12:36 - 19:24] Leaving a Legacy and Investing for Social Impact How Dr. Felecia focuses on affordable housing, grocery stores, and investments that have a positive social impact The purpose and movement of Money with Mission Building communal elderly homes and assisted facilities
[19:25 - 26:37] Getting Started for Those Who are Afraid to Take the Leap How to find opportunities and get started with social impact initiatives and investments Invest your money in alignment with your values Invest in what you are comfortable with There are different ways to invest How Dr. Felecia protects her wealth for generations to come Her daughters’ financial literacy and making sure the future generations are financially educated
[26:38 - 36:36] Closing Segment Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more! The final 2 questions Dr. Felecia’s opinion on “Diversification is a protection against ignorance.” Don’t just stay diversified in one asset class Connect with Dr. Felecia! Want a FREE ebook on how to build wealth that outlives you? Send an email to wealth@moneywithmission.com
Key Quotes
“The fear didn't go away. I just did it… You do have to walk through that fear and know that whatever happens, everything will be okay in the end.” - Dr. Felecia Froe
“One thing that I've learned over time is that once you take that first step, no matter what it is, you may not end up at the goal you thought, but so many things are going to happen along your way that you get to where you're supposed to be.” - Dr. Felecia Froe
“For me, building wealth and leaving a legacy go together. And the legacy that I want to leave is to make a big impact wherever I invest my money.” - Dr. Felecia Froe
“People need to invest their money in alignment with their values.” - Dr. Felecia Froe
Want a FREE ebook on how to build wealth that outlives you? Send an email to wealth@moneywithmission.com
Connect with Dr. Felecia Froe
LinkedIn: https://www.linkedin.com/in/moneywith... IG: https://www.instagram.com/moneywithmi... FB: https://www.facebook.com/moneywithmis... Twitter: https://twitter.com/MONEYWMISSION1 Youtube:
/ @moneywithmission... Podcast: https://moneywithmission.libsyn.com/
Let’s get connected! You can find Nicole on: LinkedIn https://www.linkedin.com/in/nicole-pe... Instagram https://www.instagram.com/nvestornikk... or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
In today’s episode of the Share the Wealth Show, Sonya Rocvil explores the important topic of self-care and why it's not selfish, the discussion centers around the importance of learning to choose what you truly want to do and being able to let go of the things that are not aligned with your goals.
Sonya Rocvil is the Principal and Founder of Bedrock Real Estate Investors, a privately-owned real estate company, specializing in the acquisitions and asset management of multifamily apartments in the United States. She has syndicated and operated multifamily deals totaling 462 units and valued at over $25m. Sonya has successfully life-cycled four apartment complexes totaling 374 units. She has also been an equity partner for multifamily investments totaling 438 units and valued at $28.7m.
Sonya began her career as an auditor and later transitioned to finance at a Fortune 500 Company. Her depth of knowledge in business analytics and strategic implementations that drive growth has made her successful in acquiring and operating multifamily properties.
Join us as we share tips and insights on how to create your own not to-do list and make self-care a priority in your life. Let's get started!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[2:15 - 8:45] The Importance of Prioritizing Goals and Finding Alignment
-
discusses the importance of letting go of activities that are not aligned with our goals and priorities.
-
Volunteering is highlighted as a means to meet new people and learn from them.
-
Sonya stresses the significance of alignment, where our actions and decisions should be aligned with our chosen direction.
-
Nicole acknowledges the challenges of juggling multiple activities and how it can lead to self-doubt.
-
They explain that holding onto things that we thought were aligned with us could hinder our growth.
-
Sonya shares about a friend who realized that taking on more activities did not necessarily result in the desired outcome.
[12:10 - 17:15] Finding the Right Balance Between Prioritizing and Letting Go
-
How juggling multiple activities can be time-consuming, especially for mothers who also need to give time for their family.
-
They stress the importance of knowing which activities to prioritize and which ones to let go.
-
They also highlight the significance of transitioning smoothly, as it enables individuals to pass on their knowledge and skills to others. By doing so, they can help the next generation learn and carry on with the task at hand.
[12:10 - 17:15] Who is Sonya Rocvil?
-
Sonya recommends the Real Estate Associate Program (REAP), which provides opportunities to expand one's network and learn from peers.
-
Sonya shares her personal journey of pursuing her passion for real estate and how she started exploring this field
[23:45 - 27:15] Importance of Establishig Credibility and Syndication
-
Nicole asks about Sonya's initial investment.
-
Sonya describes her experience as a passive investor and emphasizes the importance of leveraging the knowledge gained from such ventures.
-
She also stresses the significance of establishing a strong foundation of credibility at the outset of any investment endeavor.
-
Syndication involves pooling funds from multiple investors to participate in a deal.
Quote
"You cannot help anybody if you're not okay."
- Sonya Rocvil
"You only have this limited amount of space, in your mind, and if you keep cramming things in there, you're not going to be able to function at your best."
- Sonya Rocvil
Connect with Sonya!
Website: www.bedrockreinvestors.com
Instagram: https://www.instagram.com/sonyarocvil/?hl=en
LinkedIn: https://www.linkedin.com/in/sonyarocvil/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
Imagine having a high-paying job but still living paycheck to paycheck, trying to get out of debt?
In today's Flashback Friday Featured episode, Dr. James Bryant shares how he escaped being cash-strapped and built generational wealth while doing good. James' positive mindset is key to his success, and he highlights the importance of focusing on goals. He also discusses passing more than a financial legacy to his kids and structuring his life to be fully present in his family.
James Bryant, Ph.D., P.E. is the Founder of Engineer Your Success, LLC, a boutique leadership training and peak performance coaching firm designed to help engineers win in business and in life. Dr. Bryant believes that you can build the business of your dreams and have a life that you absolutely love.
He has over 20 years of experience leading teams and organizations in the private and public sectors and is the host of the Engineer Your Success Podcast. Dr. Bryant is a professional engineer, a certified John Maxwell Leadership speaker, trainer, and coach, and most importantly he is a loving husband and father. Dr. Bryant is an Alumni of the initial Myers Methods Multifamily Real Estate Investing Course and using joint ventures, has an ownership stake in 4 multifamily properties that have a total of over 85 units.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicr...
________________________________
[02:31 - 10:42] Who is Dr. James Bryant?
● Being income rich but cash poor
○ Not living beyond their means but somehow still struggling to get rid of debt
● How they started monitoring cash flow to manage expenses
● The start of his investing journey
[10:43 - 17:32] Getting Your Finances in Order
● Going to multifamily to pay off their mortgage
● Tapping into lines of credits and their retirement account
● Locking in on financial goals
● Projecting your cash flow
○ This has a psychological impact
[17:33 - 20:11] Doing Well While Doing Good
● Financial freedom enables you to give back
● The fulfillment in being able to provide for your parents
[20:12 - 29:07] Having a Growth Strategy and Looking at the Future
● James talks about investing passively in the future
● Leveraging on your 401(k) to get the resources needed to invest
● The work he does with Engineering Your Success, LLC
● He shares stories about his kids and what’s the legacy he wants to leave behind
[29:07 - 36:36] Closing Segment
● The final 2 questions
○ James’ take on the diversification: Niche down!
● Connect with James!
Key Quotes
“Success is a journey and it shifts. How we view and use money, and leverage money begins to grow as we grow.” - Dr. James Bryant
“Your kids see who you are not who you project to be. And they begin to follow your cues.” - Dr. James Bryant
“You can only be an expert at so many things. So even if you're looking to generate income from other areas, then which one are you going to be the expert in? Which one are people going to look to you to be the authority to speak about, to talk about when it comes to investing and moving forward?” - Dr. James Bryant
Connect with Dr. James
LinkedIn https://www.linkedin.com/in/jbryant2/
Instagram https://www.instagram.com/drjamesbrya...
Also, check out his Engineer Your Success podcast
Listen here https://podcasts.apple.com/ca/podcast...
and check out LinkedIn https://www.linkedin.com/company/bett...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
In today's episode of the Share The Wealth Show, we welcome back Verline Davis as she dives into the common myths and misunderstandings surrounding business entities and credit.
She also provides actionable tips to help you make informed decisions about your business. So, whether you're an entrepreneur just starting out or a seasoned business owner, understanding the fundamentals of business structures and credit can make a huge difference in the success of your business.
Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background.
________________________________
15-Min FREE Tax Saving Strategy Session with Verline Davis! https://bit.ly/3wv28FH
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicrofamilyinvestingaccelerator ________________________________
[01:20 - 08:49] LLC vs S Corp Business entities Debunking misinformation about LLC What S Corp and C corp do Cold Consultation with Verline Tax Planning Health Insurance and Savings
[12:01 -25:23] Business Entitiy & Credit Masterclass Different strategies for every business Course About Fixing Credit Consumer Laws Business Car Approvals The truth behind Car Dealership
[25:24 - 39:19] Closing Segment: The Final Questions Verline’s take on Diversification Choosing between Baltic Avenue and Boardwalk with the Monopoly game What wealth means to Verline What was the biggest obstacle Verline overcome
Quote "Wealth means to me is the ability to live a free lifestyle for a long period of time." - Verline Davis
A lot of people today want to go wide instead of going deep, it's nothing wrong with diversifying because we should, we should have stocks, we should have maybe some crypto, we should have real estate, we should have all of these things, but we should educate ourselves enough in each one of them. - Verline Davis
Connect with Verline! Website: www.Capitalvsolutions.com Instagram: https://www.instagram.com/capitalvsolutions/ LinkedIn: https://www.linkedin.com/in/capitalvsolutions/ ___________________________________________ Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
How do you make the most out of your exit?
On this Flashback Friday Featured episode, John Casmon shares his journey from working as a W2 corporate employee to becoming an apartment investor. John discusses how he became interested in real estate and how he went from starting out with two properties to owning over a thousand units.
John Casmon is a real estate entrepreneur, and he's partnered with Disney professionals to invest in over a hundred million dollars worth of apartments. He also actively is a multi-family investors and he consults them to help them start and grow their business.
Have you read Rich Dad, Poor Dad? I would think so like most of the listeners that you have, he explains that, “It helped me think about money differently. You should work a job for skills, not just a salary.” And when you think about that, He was working in corporate America doing advertising and marketing.
He remembers when his company shut down, how anxious everybody in the company was. He remembered feeling powerless and he watched a lot of my colleagues lose their jobs. They had multiple rounds of layoffs and one person had been there 22 years and they had planned on being there until they retired.
This is an episode chocked full of gems of information that you really need to know!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicr...
________________________________
[04:25 - 05:36] Who is John Casmon?
Transition from working in an office to an investor
Surrounding yourself with the right people
Making things achievable and attainable for yourself
How to scale and grow
Saving money to open up different possibilities
Saving money to buy property
[05:51 - 08:47] Thinking About Money Differently
Getting inspired from a book
The importance of real estate
Working for a job to get skills and not a salary
The importance of Real estate
Seeking out to invest in real estate
[08:50 - 13:20] Networking As A Key To Build Portfolios
Connecting with people through Networking events
Building relationships to understand how to bring on investors
Being responsible with your own money
Being able to invest with your own money
The commitment to give time and energy to find and analyze deals
Get them under contract
Manage those deals
Operate those deals
[15:56 - 19:51] You Want to Make Sure That You Control The Exit
Transitioning in the corporate area to learning real estate
Shifting your mindset with real estate to doing it on your own
Understanding that every investment has risks
How do you mitigate those risks?
Diversifying your investments
Protecting the equity that you’ve created
Key Quotes
“You want to make sure that you control the exit. You want to sell when it makes sense for you to sell.” - John Casmon
“You have to have nuances to your approach and put the plan together based on that market. Those are the things you're looking at, to understand the market and then finally, you want to make sure that you understand the deal and you want to understand where the business plan is.” - John Casmon
“Syndication at its simplest level is just group investing – It's a group of people that come together, pool capital together, so you can go out and buy a property.” - John Casmon
Connect with John
https://www.linkedin.com/in/multifami...
https://www.instagram.com/jcasmon/
https://twitter.com/jcasmon
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
In today's episode of the Share The Wealth Show, Verline Davis takes us on a journey through her career as a tax brain surgeon, property manager, and real estate investor.
Tune in as she shares her story and provides valuable insights into how she got started in these fields and achieved success.
Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background.
Verline's journey is sure to inspire and educate. So sit back, relax, and let's dive into Verline's fascinating story.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[01:17 - 12:13] Who is Verline?
- How she got into these fields (Property Management, Tax planning, and Real estate Investing)
- She shares her experience with her previous CPA which gave her a lot of trouble.
- The realization that not all CPAs are alike.
- How she financed her first properties
- Strategy in purchasing properties
[12:14 -19:29] Next Phase of Verline’s Journey
- How she started as Property Manager handling multifamily properties
- How she was hungry to dig in and learn more about the back end of property management on a tax level.
[19:30 - 25:13] Verline as a Brain Surgeon
- 529 Alternative / 529 College Fund
- Tax Planning
- She teamed up with different CPA’s
- Tax Strategy for W2 employees and start-up business owners
[25:14 - 37:16] Real Estate Professional Status
- Two tests to become RE Professional
- Work and participate 750 hrs a year
- short term rental status
[37:17 - 38:07] Closing Segment
- Watch out for part 2 of our conversation with Verline!
Quote
"I came to the realization, that not all tax professionals or CPAs are created equally." - Verline Davis
Connect with Verline! Website: www.Capitalvsolutions.com
Instagram: https://www.instagram.com/capitalvsolutions/
LinkedIn: https://www.linkedin.com/in/capitalvsolutions/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today's wealth extraction episode, we discuss the systemic factors that contribute to economic inequality, we also examine how systemic racism has impacted the ability of Black families to accumulate and pass on wealth to future generations.
Join us as we explore the complex and often painful legacy of systemic racism in the United States, and its ongoing impact on the lives and livelihoods of Black Americans.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicr...
________________________________
Connect with Portia Wood!
Visit the Wood Legal Group website https://www.woodlegalgroup.com/
Follow them on Instagram https://www.instagram.com/woodlegalgr...
Facebook https://www.facebook.com/WoodLegalGroup/
Twitter https://twitter.com/woodlegalgroup
LinkedIn https://www.linkedin.com/company/wood...
Want to know how Portia can help you?
Here are 3 Ways Estate Planning Can Help Close the Racial Wealth Gap
https://docs.google.com/document/d/17...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
When you die, what are you leaving behind? Leaving a legacy takes planning. In this episode of the Share the Wealth Show, we continue our conversation with Edmund Chien on what to do once you’re earning money actively and passively – How do you protect your wealth? And not just in your own lifetime, but for generations to come. Edmund gives tips, tools, terminology, and advice on the fundamental principles of intergenerational wealth.
Edmund Chien has over 15 years of experience managing money for high-net-worth investors, including serving as a senior partner of a private equity firm that managed ½ billion in assets. He is experienced in real estate syndications and was also a licensed stockbroker and life insurance advisor. In retirement, Edmund now focuses on coaching real estate syndicators in client relations.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[00:01 - 06:38] Get Money and Then Grow it While You Sleep Check out part 1 of my interview with Edmund Chien! While you’re creating money on an active basis, you need to leverage it passively How to make the most of tax breaks and benefits to grow your money What a PPP (Public-Private Partnership) is and how you can utilize it
[06:34 - 17:14] Advice on Establishing an Estate Plan or Trust How to turn today’s wealth into an intergenerational legacy The importance of curating your life and distancing yourself from negative influences around you Retirement; having passive cashflow that meets your daily expenses The 3 phases of wealth building Why you need Life Insurance It’s about protecting your wealth generator, not just your wallet Why you need living benefits as a young person
[17:15 - 19:58] Using a Trust to Protect the Wealth of the Next Generation What is the concept of shirtsleeves to shirtsleeves and how do you protect against it? 90% of family offices fail by the third generation Create a trust with a holding company How to find trustworthy advisors to help you build and protect your wealth!
[19:59 - 23:54] Stay Tuned for More! Why mindset matters more than you may realize! Stay tuned for the awesome guests we’ll have on the show
Key Quotes
“Forming a legacy is the third phase of [wealth]. So the first phase is getting a great job, getting a W2, learning how to make money, and being able to make money. And then the second phase is how to get money to work for you.” Edmund Chien
“There's this phenomenon in society that if you try to better yourself, especially from the people you're surrounded with, the people that are around you will try to drag you back down.” - Edmund Chien
“If you've noticed anything, in all three phases is to be continuously learning and improving your understanding of things.” - Edmund Chien
“One of the misnomers with life insurance is that there are many different ways to use it. And there are many different types of life insurance.” - Edmund Chien
Connect with Edmund on
LinkedIn https://www.linkedin.com/in/edmundchi...
and Instagram https://www.instagram.com/edmund.chien/
Visit his website https://edmundchien.com
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
In this episode of the Share The Wealth Show, we welcome back Dexter Jenkins as he expounds on the importance of having multiple streams of income.
He also emphasizes the significance of
💣The SHIP Method (StewardSHIP, OwnerSHIP, and EntrepreneurSHIP)
💣having savings readily available when an opportunity arises as it can lead to generate more income
💣 Develop a strategy for augmenting your current resources and increasing your source of income.
💣Inner and Outer Game of Wealth
Dexter B. Jenkins is a faith-based financial mentor who spent more than two decades in the financial services industry. He is passionate about helping families build generational wealth with easy-to-implement steps. Jenkins inspires and instructs hundreds of people with his podcast, programs, online courses, and books. A popular speaker on the topic of wealth building God’s way, he is an authority on faith and finance. As Senior Pastor of Fellowship Christian Church in Boston and Managing Partner of Dominion Real Estate Holding, LLC, he sensed early in life that teaching financial literacy was his calling. Through what he coins the “SHIP Method,” Jenkins shows people how to get out of debt through stewardship; create a legacy through entrepreneurship, and learn strategies on real estate ownership. There’s no question that his integrity, wisdom, and wealth-building philosophy is a voice needed today.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[1:44 - 7:02] Equity out of Properties
-
Dexter talks about the Dominion Real Estate Holding
-
He also shares a story of one of his clients, who pulled equity out of properties and used this to acquire more properties.
-
even without the actual capital to start, you can still get deals by using loans if both parties saw the worth you are investing.
[7:04 - 10:32] SHIP Method
-
Stewardship is the successful handling of your finances, or the budget or spending plan
-
Ownership is the assets that they need to create
-
Entrepreneurship is starting your own enterprise where you are leveraging.
-
Good debt VS bad debt
[12:22 - 14:53] Life Strategy
-
by using the example of building a house, Dexter explains the levels needed to have to form a good strategy in life
-
the foundation of the house is life insurance, the second level is having a debt elimination plan, the next is having an investment strategy, and the last is having an income generation strategy
-
He also explains that people should focus on having a strategy to generate more income.
-
He mentions that most wealthy people don't much think about budgeting, but they think about how to get other streams of income.
[15:45 - 21:33] Save for Opportunities
-
the question, "How can I generate more income?"
-
for him, save money for opportunities.
-
when opportunities come, you should always have the cash ready to make more
-Nicole explains the Law of attraction when it comes to naming your accounts. calling "savings account" to "investment account", and "emergency fund" is like waiting for emergencies.
- Being there for other people is also one other reason to build your wealth, so that you can help when they are in need.
[22:50 - 34:51] Closing Segment
-
Diversification is if people do well in any area, they go deep first before they go wide
-
going deeper until you build competence in one area, then you can branch off to other things.
-
Dexter explains what wealth means to him
-
He also mentions that being wealthy in relationships can also get you what you want
-
to take his business to the next level is to have more support from people
-
his question to the next guest is, "What is the biggest challenge they had to overcome in their business?"
-
how to connect/get in touch with Dexter
-
the inner and the outer game of wealth
Quotes
" If you really want to improve your finance, there are only 2 ways to do it. Decrease your expenses, increase your income." - Dexter Jenkins
" Wealth to me means having what you need when you need it." - Dexter Jenkins
“I do think that people who do well in any area, they go deep first before they go wide."
- Dexter Jenkins
Connect with Dexter!
Website: https://www.dexterbjenkins.com
Instagram: https://www.instagram.com/dexterbjenkins/?hl=en
LinkedIn: https://www.linkedin.com/in/dexterbjenkins/
Facebook:https://www.facebook.com/dexterbjenkins/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this Wealth Extraction Episode, Portia Wood discusses ways to manage inheritances and pass down wealth to future generations in a responsible and fulfilling way. she focuses on a topic that's important to many parents and grandparents: how to keep your kids from squandering their inheritance.
Listen now and explore the 🔥 concept of intergenerational play, which involves creating a collaborative approach to managing inheritances and passing down wealth 🔥 importance of communication, financial education, and creating a family mission statement 🔥 real examples of families who have successfully implemented the intergenerational play approach.
Whether you're a parent, grandparent, or someone who wants to ensure that their hard-earned assets are used wisely, this episode is for you.
Join us as we explore intergenerational play and ways to create a lasting legacy for your kids and family.
Do you want to stop working for money and start having money work for you?
In this episode of the Share the Wealth Show, guest Edmund Chien and Nicole Pendergrass talk all about how he built and managed a $70 million book of business for high-net-worth clients, what he’s learned from coaching and advising millionaires and what it takes to make your first million. All this and more!
Edmund Chien has over 15 years of experience managing money for high-net-worth investors, including serving as a senior partner of a private equity firm that managed ½ billion in assets. He is experienced in real estate syndications and was also a licensed stockbroker and life insurance advisor. In retirement, Edmund now focuses on coaching real estate syndicators in client relations.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[02:40 - 04:00] Who is Edmund Chien? Starting off as a neophyte to pursue excellence Working as a professional in Broadway productions Enlisting in the military and becoming a boot camp instructor Learning how to invest my salary properly Reading about personal wealth and personal finance Becoming a full-fledged professional in the industry
[05:00 - 07:00] Wealth Management Is Considered As Private Equity The main focus of the different types of investment brokers What is considered private equities? How Venture Capital differs from Private Equity
[07:20 - 10:00] Private Equity Gives You A Lot More Control Downsides of public markets versus open markets The upsides of private equities Price to earnings ratios tend to be lower Buying Assets Privately
[10:20 - 15:00] The Hardest Million To Make Is The First Million Coaching and advising Millionaires Surpassing your parent's income generation and collection of wealth Showing respect to your parents when giving advice Finding great mentors and great coaches to help you
Key Quotes
“If you invest and the company fails, you can't foreclose on property. There are no bricks and wood there. And because there's no asset there. It's not considered private equity. It's considered a venture capitalist considered VC because there's very little collateral.” - Edmund Chien
“Buy assets privately because you get it at a better price. I'm a value investor so that's my philosophy; I'd rather buy assets at a better price. In public stocks or real estate income trust, you can’t control that.” - Edmund Chien
Connect with Edmund on
LinkedIn https://www.linkedin.com/in/edmundchi... and
Instagram https://www.instagram.com/edmund.chien/
Visit his website https://edmundchien.com
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk... or
Facebook https://www.facebook.com/nvestornikki or
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In today's society, money is often viewed as a means of achieving success and security. However, for those who hold religious beliefs, the pursuit of wealth can sometimes conflict with the teachings and principles of their faith. The intersection of faith and finances is a complex and often a controversial topic that raises important questions about the role of money in our lives.
In this episode of the Share The Wealth Show, Dexter Jenkins shares and explores the tension between building wealth and being holy, and examines how individuals can navigate this intersection to align their financial decisions with their religious values.
Dexter B. Jenkins is a faith-based financial mentor who spent more than two decades in the financial services industry. He is passionate about helping families build generational wealth with easy-to-implement steps. Jenkins inspires and instructs hundreds of people with his podcast, programs, online courses, and books. A popular speaker on the topic of wealth building God’s way, he is an authority on faith and finance. As Senior Pastor of Fellowship Christian Church in Boston and Managing Partner of Dominion Real Estate Holding, LLC, he sensed early in life that teaching financial literacy was his calling. Through what he coins the “SHIP Method,” Jenkins shows people how to get out of debt through stewardship; create a legacy through entrepreneurship, and learn strategies on real estate ownership. There’s no question that his integrity, wisdom, and wealth-building philosophy is a voice needed today.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[01:10-06:35] Who is Dexter Jenkins
-
How he started sharing faith principles and wealth-building at the same time
-
Having a balanced life
-
living at the intersection of faith and financial
[06:36-11:36] Building Wealth vs Being Holy
-
Start with scripture
-
In Genesis Chapter I: God said Gold is good
-
Franchise yourself
-
How can you not be successful financially if you're being productive
-
Wealth was seen as wicked while Poverty was seen as being Pious and Holy.
[13:22-16:20] Subconscious Belief
-
How being raised in the church formulated our subconscious beliefs when we're young
-
What wealth means in the Bible
-
Operating subconsciously without even knowing
-
How these beliefs are holding you back
-
Questions are teachers and there are two(2) reasons for questions
-
Money is not the root of all evil but the love of money.
[16:21-20:34] The Great Commandment
-
Dexter answers the question: Is trying to be wealthy loving money?
-
What we should love?
-
Having a RIGHT relationship with money
-
Money is a receipt of good service
-
How wealth is created
-
Some people in the bible like Abraham and Solomon are rich but still have a vibrant relationship with God.
[20:35-26:11] How Dexter integrate and implemented his financial knowledge with teachings in the Church
-
Dexter shares the Four Pillars of their church
-
God had a vested interest in you and I being successful
-
Ways how to integrate Faith and Finances
-
Some people are born to show the way, how they guide and teach how to do certain things
[26:12-30:15] Nicole talks about her time when she had to manage her expenses from one paycheck to another, and the steps she took to overcome that situation.
-
How passionate Nicole is in sharing how to build wealth
-
Having financial freedom
-
Nicole shares how she's a bit frustrated because she's trying her best to share wealth but people are still hesitant.
-
Dexter explains why most people are in a deficit
[30:16-37:25] The Year of Getting Started
-
Why you should start and take actions
-
Real estate investing mistake
-
Importance of having multiple streams of income
[37:26-37:26] Closing Segment
Watch out for part of our conversation with Dexter!
Quote
"God is a god of business" - Dexter Jenkins
" Money wasn't our idea, it was His" - Dexter Jenkins
"God had the vested interest in you and I being successful" - Dexter Jenkins
Connect with Dexter!
Website: https://www.dexterbjenkins.com
Instagram: https://www.instagram.com/dexterbjenkins/?hl=en
LinkedIn: https://www.linkedin.com/in/dexterbjenkins/
Facebook:https://www.facebook.com/dexterbjenkins/
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this episode of Wealth Extraction, Portia Wood shares the reasons why everyone, regardless of their financial situation, should have an estate plan in place.
Portia is a generational wealth planning attorney, based in Los Angeles, Portia leads Wood Legal Group, LLP, an African American woman-owned and operated law firm specializing in estate planning, probate, and elder law that she runs with her mother and law partner, Robin Wood.
They are passionately focused on helping all families grow and protect wealth by being a trusted resource for accurate information and comprehensive, culturally competent estate planning.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicrofamilyinvestingaccelerator ________________________________
💣 Avoiding Court Interference 💣 If you’re over the age of 18, nobody is allowed to be your legal representative 💣 The basics that you need to get started 💣 Benefits of an Estate Plan 💣 Property power of the attorney 💣 Health documents 💣 Distribution plan
Key Quotes
“Everybody's estate plan is customized to their situation, but if you're over the age of 18, you have to have at least a minimum.” - Portia Wood
Connect with Portia Wood! Visit the Wood Legal Group website https://www.woodlegalgroup.com/ Follow them on Instagram https://www.instagram.com/woodlegalgr... Facebook https://www.facebook.com/WoodLegalGroup/ Twitter https://twitter.com/woodlegalgroup LinkedIn https://www.linkedin.com/company/wood...
Want to know about how Portia can help you? Here are 3 Ways Estate Planning Can Help Close the Racial Wealth Gap https://docs.google.com/document/d/17...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe... Instagram https://www.instagram.com/nvestornikk... or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
In this Flashback Friday Featured episode, Generational Wealth Planning Attorney Portia Wood emphasizes the need for black and brown families to have estate planning in order to protect their wealth from discriminatory policies. She also talks about the work she does with her company and with friends to help close the racial wealth gap and provides valuable resources that we can all use to be informed about estate planning.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[00:01 - 09:05] Addressing the Racial Wealth Gap
Check out part 1 of my interview with Portia Wood! Getting away from the toxic banking society that’s harmful to people of color Economic inequality and institutional racism How COVID-19 accelerated the Road to 2053 timeline The black community is losing at the generational wealth transfer game
[09:06 - 13:20] The Power of Trusts
Setting up the legal authority over your assets You don’t need permission from a judge Avoiding the extraordinary legal fees and delays
[13:21 - 21:27] Let’s Educate Ourselves
Head over to woodlegalgroup.com! Get access to their Resource Library Save a seat on their monthly webinars Go to thefutureofgenerationalwealth.com and join the discussion about generational wealth protection Starting conversations with multigenerational families
[21:28 - 28:30] Closing Segment
The final 2 questions Portia on diversification: Having multiple buckets where you are invested is incredibly important
Key Quotes
“That's me saying, I've not only thought about you but that I love you and I am encouraging you. And the only way I can do that and it's with my estate because I'm gone.” - Portia Wood
“It is not because we are not building assets. It is not because of that. It's because we are losing at the generational wealth transfer game. We are losing every time somebody gets sick and every time somebody passes away by not having plans in place. And we just cannot afford to do so anymore.” - Portia Wood
Connect with Portia Wood!
Visit the Wood Legal Group website https://www.woodlegalgroup.com/
Follow them on Instagram https://www.instagram.com/woodlegalgr...
Facebook https://www.facebook.com/WoodLegalGroup/
Twitter https://twitter.com/woodlegalgroup
LinkedIn https://www.linkedin.com/company/wood...
Want to know about how Portia can help you?
Here are 3 Ways Estate Planning Can Help Close the Racial Wealth Gap
https://docs.google.com/document/d/17...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
Title: Investing In A Syndication Is Building Someone Else’s Dream
In today's episode of the Share The Wealth Show, we welcome back Albrey Grimsley as she shares about syndication investing and the role it plays in building others' dreams. She also highlights the significance of teamwork, creating a legacy, the appeal of instant gratification, market cycles, and more valuable insights! Albrey is CEO of Life Legacy Capital, which is a privately held investment company, as Commercial Real Estate investor and Managing Partner at Synergy Paradigm Capital, she has gained a wealth of knowledge in commercial real estate acquisitions and asset management. This has led to extensive operating knowledge and intimate understanding of each of the submarkets in which SPC acquires property. In addition, this allows SPC to identify underperforming assets and solve the root issues that represent a significant value-add play as investors.
While creating mentorship opportunities through her organizations, community partnerships, and serving as a former collegiate coach for over a decade, her leadership has led to building champions in their respective professional fields and communities. Her passion for adding value to others has led to her creating the Build Your Bank educational network that encourages individuals to BUILD YOUR BANK.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[1:45 - 9:40] Syndication investment
- Syndication as a passive investment
- How syndication can truly help build someone else's dream
- Building a network, adding more value while building more capital
- Not everyone needs syndication to build their dream
- Having an abundance mindset
- Adding value to others and showing how to deploy capital in a different ways
- Difference between an operator and a passive investor
- Syndication is a long-term game
- Remember to Do what you love and love what you do
- Like it or Love it - youth program
- Selling an asset or purchasing an asset
[11:28 - 15:27] Network & Teamwork
- How parents should encourage and support their children
- Why do people like instant gratification
- KYP - Know Your Personnel
- The importance of having a network and teamwork.
[15:28 - 22:30] The Final Questions
- Albrey on diversification
- Monopoly game: Choosing between Baltic Avenue and Boardwalk
- What does Wealth mean to Albrey
[22:35 - 29:07] Closing Segment
- Albrey's plan for her businesses and the biggest resource needed to get there
- Plan building Life Legacy Academy where kids can learn more about wealth.
- Consumer mindset to entrepreneur/investor's mindset
- Investing in future education, employment, legacy
- Building a network to add more value to them so they can also build their bank.
- Having an entrepreneurial mindset and still having a capital partner
- LEGACY means Life, Education, Grace, Abundance, Compassion, and Youth
- How to get in touch with Albrey
Key quotes:
" People like instant gratification. Because they want a solution to how to do better the next time, so they don't mess up twice." - Albrey Grimsley
"My freedom and philanthropy for me isn't always about giving more capital, it's about giving more time capital so that we can grow and be well and wealthy together. " - Albrey Grimsley
“ I always knew I could have more capital to deploy to do more good and create more passive cash flow.” - Albrey Grimsley
Connect with Albrey!
Instagram - @lifelegacycapital
LinkedIn - https://www.linkedin.com/in/albreyg
Websites:
Wealthfit - https://wealthfit.com/
Mindvalley - https://www.mindvalley.com/
Life Legacy Capital - https://lifelegacycapital.podia.com/
Build Your Bank - https://lifelegacycapital.podia.com/buildyourbank
___________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this Wealth Extraction Episode, Dalle Garcia reflects on being fascinated by how money works at a young age. By using debt smartly, she’s able to find the resources to jump into the investing space.
Dalle Garcia was born and raised in the Bronx, New York City. Her first job out of school was at a real estate law firm in White Plains, New York. There she learned the art of real estate and it was the best thing that ever happened. Soon thereafter, she was mortgage brokering and helping homeowners get financing. Reviewing credit has been something she learned very early due to home loan financing. Getting a real estate license while serving loans was a no-brainer. Things changed really fast in 2008. Surviving the last recession had geared her into having financial setbacks and had to work on her own personal credit.
Tune in now and learn specific strategies when it comes to your building credit score!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicrofamilyinvestingaccelerator ________________________________
○ Hedging Inflation Through Credit ○ Working together with people with good credit ○ Using business funding and reinvesting ○ You can always get a nice return with real estate ○ Reinvesting Debt ○ Start branching off with your finances ○ Buy assets with debt
Connect with Dalle!!!
LinkedIn https://www.linkedin.com/in/dalle-gar...
Email her at info@goldcrowncredit.com
Visit the Gold Crown Credit website https://www.goldcrowncredit.com/
Follow them on
Instagram https://www.instagram.com/goldcrowncr...
Facebook https://www.facebook.com/goldcrowncredit
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
What do you think about trust fund kids?
Most of you are probably picturing spoiled brats driving expensive cars and living in mansions as we see on TV and social media.
In this Flashback Friday Featured episode, our guest Portia Wood busts the myth surrounding the term and tells us why we all deserve to be trust fund kids (but without the attitude). Portia is a generational wealth planning attorney and she discusses the importance of having an estate plan at the age of 18 regardless of whether or not you have any assets. By planning ahead, we can protect ourselves and make sure that our legacy lasts for generations to come.
Based in Los Angeles, Portia leads Wood Legal Group, LLP, an African American woman-owned and operated law firm specializing in estate planning, probate, and elder law that she runs with her mother and law partner, Robin Wood. They are passionately focused on helping all families grow and protect wealth by being a trusted resource for accurate information and comprehensive, culturally competent estate planning.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[00:01 - 07:36] Who is Portia Wood?
Transitioning from journalism to law Her passion for empowering marginalized communities to take agency over their legacy
[07:37 - 14:48] Avoiding Court Interference
If you’re over the age of 18, nobody is allowed to be your legal representative The basics that you need to prepare Property power of the attorney Health documents Distribution plan
[14:49 - 24:32] Normalizing Intergenerational Wealth Transfer in Black and Brown Communities
Setting up distribution structure How Portia created a multi-generational trust structure or a legacy trust for her son The conditions she put in place Creating banking concepts within your estate plan
[24:33 - 31:10] Protecting Your Intergenerational Wealth
You need time and protection for money to grow Making a subtrust
[31:11 - 32:08] Closing Segment
Watch out for part 2 of our conversation with Portia!
Key Quotes
“Everybody's estate plan is customized to their situation, but if you're over the age of 18, you have to have at least a minimum.” - Portia Wood
“We should all want to be black trust fund kids right. It's important. What it means is that somebody has planned for you.” - Portia Wood
“It's about Intergenerational wealth protection, right? Like my goal is to make sure that everybody who comes down the line from me is taken care of.” - Portia Wood
Connect with Portia Wood! Visit the Wood Legal Group website https://www.woodlegalgroup.com/ Follow them on Instagram https://www.instagram.com/woodlegalgr... Facebook https://www.facebook.com/WoodLegalGroup/ Twitter https://twitter.com/woodlegalgroup LinkedIn https://www.linkedin.com/company/wood...
Want to know about how Portia can help you? Here are 3 Ways Estate Planning Can Help Close the Racial Wealth Gap https://docs.google.com/document/d/17...
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe... Instagram https://www.instagram.com/nvestornikk... or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
In this episode of the Share The Wealth Show, Albrey Grimsley shares her wealth of knowledge about treasury management, index options, building a bank educational network, and so much more!
Albrey is CEO of Life Legacy Capital, which is a privately held investment company, as Commercial Real Estate investor and Managing Partner at Synergy Paradigm Capital, she has gained a wealth of knowledge in commercial real estate acquisitions and asset management. This has led to extensive operating knowledge and intimate understanding of each of the submarkets in which SPC acquires property. In addition, this allows SPC to identify underperforming assets and solve the root issues that represent a significant value-add play as investors.
In addition to being an entrepreneur, she has a strong background in facility management, real estate, education, and sports. She is well-versed in nonprofit capital leadership, mentorship, public speaking, event hosting, and commercial real estate investments. She is the owner of the nonprofit, Like It R Love It Inc, which houses the L.I.F.E Sports Academy program and operates in several locations within the United States and abroad.
Her passion for adding value to others has led to her creating the Build Your Bank educational network that encourages individuals to BUILD YOUR BANK.
Tune in now and don't miss out on this impactful episode!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicrofamilyinvestingaccelerator ________________________________
[05:01-09:39] Who is Albrey Grimsley?
- Why she started to become an entrepreneur - What having an "investor's mindset" is and how she takes on control of her day with it - W2 job as a capital partner - Leveraging capital partner - Getting paid to do what she loves to do while leveraging capital through investing
[09:40-16:42] Reinvesting Capital
- Albrey's take on the emergency fund as a "success fund" - Capital cash - Index options & Treasury Management - Importance of having the time to learn first - Tony Robbins - Mutual funds vs Index funds - Financial Advisor - Benefit of Treasury Management - Controlling Investment - Investing passively - Build Your Bank Educational Network
[16:43-19:32] Investment Options
- Investing without fees - 401k - Being well and wealthy - Network teamwork - Cashflow lifestyle
[19:33-22:33] Index Options and Treasury Management Strategies
- Knowing the type of capital you're willing to invest - Safety and speed is knowing what you have that you can use and deploying it as your capital. - Educate yourself first before opening accounts. - Utilizing Charles Schwab and Interactive brokers
[22:33 - 32:33] Build L-E-G-A-C-Y
- Building networks to start and see how it works before diving into the first step. - Know your needs, wants, and desire. - Your priority which has more value that will get more of your time is usually where most capital goes first. - How she started her first investment - Having cash flow right away creates more time, and more freedom to do more.
[38:43-39:33] Closing Segment
- Watch out for part 2 of our conversation with Albrey!
Takeaways
"Build a legacy. and legacy for me is, L is for life, let's invest in future education and employment. E is for education. The G is for grace. I try to always lead with grace because you never know someone's situation. The A is for abundance and the C is for compassion. And the Y is for you. So, I try to get back as much as possible with my time." - Albrey Grimsley
"I made sure I've always had an occupation or capital partner in something I love to do. So, I was getting paid to do what I love to do and then I leveraged that capital by continuously investing it." - Albrey Grimsley
Connect with Albrey!
Instagram - @lifelegacycapital LinkedIn - https://www.linkedin.com/in/albreyg
Websites: Wealthfit - https://wealthfit.com/ Mindvalley - https://www.mindvalley.com/ Life Legacy Capital - https://lifelegacycapital.podia.com/ Build Your Bank - https://lifelegacycapital.podia.com/buildyourbank
___________________________________________
Let’s get connected!
You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
On this Wealth Extraction Episode, Dalle Garcia reflects on being fascinated by how money works at a young age. This led her to seek knowledge and build networks to reach her financial goals. She learned to use credit and authorized user accounts to her advantage. By using debt smartly, she’s able to find the resources to jump into the investing space.
Tune in now and learn secret strategies when it comes to building your credit fast!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
○ Being More Creative With Credit
○ How to get higher lines of credit when you don’t have assets to show for
○ Dalle explains authorized user accounts for credit cards
○ Leveraging good credit
○ The lessons she gained from working in a real estate law firm
○ Utilizing her credit to buy real estate
○ Working together with people with good credit
Key Quotes
“I appreciate people that want to grow. And even if they don't know, they’re just going to leap. That's the key. Go and go for it. Stop overthinking it.” – Dalle Garcia
Connect with Dalle!!!
LinkedIn https://www.linkedin.com/in/dalle-gar...
Email her at info@goldcrowncredit.com
Visit the Gold Crown Credit website https://www.goldcrowncredit.com/
Follow them on
Instagram https://www.instagram.com/goldcrowncr...
Facebook https://www.facebook.com/goldcrowncredit
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
In this Flashback Friday Feautured episode - Dalle Garcia reflects on being fascinated by how money works at a young age. This led her to seek knowledge and build networks to reach her financial goals. She learned to use credit and authorized user accounts to her advantage. By using debt smartly, she’s able to find the resources to jump into the investing space.
Dalle Garcia was born and raised in the Bronx, New York City. Her first job out of school was at a real estate law firm in White Plains, New York. There she learned the art of real estate and it was the best thing that ever happened. Soon thereafter, she was mortgage brokering and helping homeowners get financing. Reviewing credit has been something she learned very early due to home loan financing. Getting a real estate license while serving loans was a no-brainer. Things changed really fast in 2008. Surviving the last recession had geared her into having financial setbacks and had to work on her own personal credit.
Tune in now and learn specific strategies when it comes to your building credit score!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[00:01 - 15:14] Who is Dalle Garcia?
Helping people build business credit and leverage it to purchase assets
Being an immigrant and growing up dreaming to do bigger things
Studying hard about credit and learning from her mistakes
Feeling responsible for her family and now, teaching her son early about finances
[15:15 - 23:09] Being More Creative With Credit
How to get higher lines of credit when you don’t have assets to show for
Dalle explains authorized user accounts for credit cards
Leveraging good credit
The lessons she gained from working in a real estate law firm
Utilizing her credit to buy real estate
[23:10 - 28:18] Hedging Inflation Through Credit
Working together with people with good credit
Using business funding and reinvesting
You can always get a nice return with real estate
[28:19 - 32:33] Reinvesting Debt
Start branching off with your finances
Buy assets with debt
Dalle shares one client's success story
[32:34 - 38:19] Closing Segment
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
The final 2 questions
Dalle on diversification: You need to diversify in certain scenarios in life
Connect with Dalle!
Key Quotes
“I appreciate people that want to grow. And even if they don't know, they’re just going to leap. That's the key. Go and go for it. Stop overthinking it.” – Dalle Garcia
“I love to educate business owners, even people that don't have a business and are thinking about starting something.” – Dalle Garcia
“You have to diversify certain scenarios in life depending on how that impacts you. Because if you're self-employed and you only have one form of income and that business slows down and you don't have nothing else.” - Dalle Garcia
Connect with Dalle!!!
LinkedIn https://www.linkedin.com/in/dalle-gar...
Email her at info@goldcrowncredit.com
Visit the Gold Crown Credit website https://www.goldcrowncredit.com/
Follow them on
Instagram https://www.instagram.com/goldcrowncr...
Facebook https://www.facebook.com/goldcrowncredit
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast...
In this episode, we have Vontenea Stokes is the CEO & Co-Founder of Secure Living, a financially regulated real estate funding platform. The company’s mission is to make real estate investing more affordable and accessible to the average household; while at the same time, providing alternative funding to real estate professionals. As a real estate investor, she experienced firsthand the challenges of getting started with real estate and acquiring the capital to do so. Vontenea recently ditched her comfy 9-5 to focus all her energy on creating more equitable investment opportunities for the average person. This year, Secure Living became registered with the SEC and is a member of FINRA. Vontenea has a background in marketing and communications and has managed multi-million-dollar product assortments. This experience supports her in managing and facilitating the capital raise for real estate deals on Secure Living’s website.
Schedule a FREE discovery call for The Microfamily Investing Accelerator
The mentorship program designed to help you get your first small multifamily building and start building multiple streams of income! https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
[00:00 - 20:13] The importance of understanding the legalities and regulations behind offering real estate investment opportunities
- The background and current work of Von Stokes, CEO of Secure Living, a real estate focused funding portal that helps real estate professionals and investors find capital through individual investments or crowdfunding methods
- The mission of affordability and accessibility in real estate investing, and how Secure Living helps make it possible for the average person to invest in real estate
- The personal story of Von Stokes' journey into real estate investing, starting with a family-funded investment shortly after college that paid off his student loans and led to the creation of Secure Living \
[20:14 - 30:38] The crowdfunding platform supports both debt and equity opportunities
- The platform is flexible and allows for the issuer to choose the type of security that fits their company best (debt, equity, profit sharing, convertible notes)
- Convertible notes allow for debt to be converted into equity at a specified time in the future
- The operator specifies the type of security in the beginning but for convertible notes, the individual investor has the option to convert the debt into equity at the specified time
[30:39 - 37:57] Real estate securities and crowdfunding
- They are currently in a phase of relationship building, reaching out to potential investors and sponsors
- They mention that with crowdfunding, they are able to raise funds from non-accredited investors and advertise publicly, whereas with traditional funds and syndications, only accredited investors can participate and it is not publicly advertised
- They mention that when registering on their website, there is a requirement to indicate whether the individual is accredited or not, with different investment limits for each
[37:58 - 45:18] Closing Segment
- The final questions
- Investment strategy should be scalable
- You need to be healthy and insane enough to, to do something with it
- Wealth is generational. Having something that you can pass down, having a solid foundation
- What’s next for Vontenea?
Key Quotes
“So we don't show favoritism, one or the other.” - Vontenea Stokes
“Wealth takes on a lot of different facets.” - Vontenea Stokes
Connect with Vontenea Stokes
through securelivingrei.com. Follow her on Instagram, Facebook, LinkedIn
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
On this Wealth Extraction Episode, Lesley Batson dives in on how to use life insurance to your benefit. We talk about the misconceptions of life insurance, its benefits, and why you should have it, as well as practical tips to make the most out of it.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
Life Insurance premiums
● Benefits of a life insurance policy
○ Converting from term convertible policy to a life insurance policy
● The different kinds of life insurance policies that you can utilize
○ It is a great alternative to saving in a bank account
● A benefit of choosing life insurance
Key Quotes
“I feel like that's something that people don't realize you can actually use living benefits of a life insurance company because they only think about the death benefit. - Lesley Batson
Connect with Lesley on LinkedIn https://www.linkedin.com/in/lbatson/
Instagram https://www.instagram.com/rebelrockmo...
Check out her podcast Rebel Rock Money Talk https://www.rebelrockmoneytalk.com/
Visit her website at https://www.rebelrockwealth.com/ or email her at lesley@rebelrockwealth.com
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
#sharethewealthshow #podcastshow #retirement #money #lifeinsurance #benefits #equity #investment101 #buildwealth #cashflow #multiplestreamsofincome #blackcommunity #passiveincome #lifehack
Did you know that life insurance offers so much more than just death benefits? Most people don’t realize the living benefits that life insurance has to offer!
This Flashback Friday Feautured episode - Lesley Batson dives in on how to use life insurance to your benefit. We talk about the misconceptions of life insurance, its benefits, and why you should have it, as well as practical tips to make the most out of it.
Lesley Batson launched Rebel Rock Wealth, a strategic financial consulting firm to share wealth-building strategies with independent thinkers. She teaches professionals, investors, and small business owners, the WHOLE truth about money and helps them implement strategies to design, control, and build the wealth style they desire. Lesley is licensed in several states and serves clients across the country. She loves 'Hamilton the Musical', playing golf, downhill skiing, and taking up space on a hot sandy beach.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
[02:31 - 06:05] Who is Lesley Batson?
● How she transitioned to business after 20 years of her career spent in technology
○ Wanting to do something different
● Getting into real estate investing
○ Listening to podcasts
● Infinite banking concept
○ Using life insurance and leveraging it to build personal wealth
[06:23 - 11:01] The Time Value of Money
● Leverage your money while you’re still young
○ Managing tax rates or market crashes
● Understand how the math works in terms of inflation
● Choosing whole life insurance policy over 401K
[11:23 - 15: 41] Leverage Equity in Your Policy
● The differences between loans and withdrawals
○ Limitations on the control of the loan
● Utilizing Roth IRA
○ What you can do with your IRA
○ Uninterrupted Compounding Growth
● You have to pay back the interest each year!
○ Any insurance company will charge you to use their money
[15:41 - 24:22] Life Insurance premiums
● Benefits of a life insurance policy
● The different kinds of life insurance policies that you can utilize
○ Converting from tem convertible policy to life insurance policy
● Choose between leaving your money to your loved ones or to Uncle Sam
○ A benefit of choosing life insurance
○ It is a great alternative to saving in a bank account
Key Quotes
“When I think of diversification, I think of you need to have money in pools. The more money you have in savings, that are safe and secure…Where the more money you have in savings, the greater their permission, you have to invest because if that investment goes sideways, at least you still have that pool of money in reserves that money, the cash flow is coming in from those investments.” - Lesley Batson
“I feel like that's something that people don't realize you can actually use living benefits of a life insurance company because they only think about the death benefit. - Lesley Batson
Connect with Lesley on
LinkedIn https://www.linkedin.com/in/lbatson/
Instagram https://www.instagram.com/rebelrockmoneytalk/
Check out her podcast Rebel Rock Money Talk
https://www.rebelrockmoneytalk.com/
Visit her website at https://www.rebelrockwealth.com/
or email her at lesley@rebelrockwealth.com
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
or Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this episode, we welcome back Andrew Jessup as he shares how he has been able to use multiple avenues to make money. He explains how he and his business partner Greg earned almost a million dollars in their first 11 months despite having no prior experience. He also dives into how good customer service and strategic partnerships are key for a successful business, as well as the importance of taking calculated risks and learning foundational knowledge before taking the plunge into entrepreneurship. Finally, Andrew gives advice on how to use social media effectively, hosting paint and sip nights, and investing in books that can provide valuable information. Discover the many ways you can make money with Andrew's inspiring story of success!
Schedule a FREE discovery call for The Microfamily Investing Accelerator
The mentorship program designed to help you get your first small multifamily building and start building multiple streams of income! https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
[00:00 - 07:15] From Negative Net Worth to Six Figures:
- Currently making monthly money in real estate
- Worked as a paid magician, DJ, and blackjack dealer/player
- Moved to DC area and started flipping houses with current business partner
- Started JG Atlantic Capital for real estate operations and JG Roofing and Construction for roofing operations
- Made almost a million dollars in gross revenue in 11 months without prior experience
- Found most contractors lack good salespeople and customer service skills
[07:16 - 14:25] From W2 to Oil Leases: How One Person Learned to Leverage Multiple Streams of Income
- Greg moved in a different direction and started a tech company, Jess Technologies
- JG Oil and Gas was started on vacation in South America
- Oil leases allow the landowner to get 25% of the money and the leaseholder to get 75% of the money
- JG Oil and Gas was formed as a C corporation to be able to divvy out shares and sell portions of the company
- Shares were sold at a premium, allowing JG Oil and Gas to have $0 out of pocket cost
[14:26 - 21:47] Andrew's Story: Learn, Implement, and Grow - The Key to Success in Multiple Industries
- Recurring revenue streams are a focus
- Co-founder and CTO of Capital Energy Solutions, which sets up electric vehicle charging stations across the country
- Working on a product with Jessup Technologies for the gaming industry related to cryptocurrency
- Network formed from previous organization has led to various successes
- Education is important, but implementation is key
[21:48 - 34:20] Closing Segment
- The final questions
- Diversification is for investors who don't know what they're doing
- Wealth means freedom of choice, leaving a legacy, controlling destiny, and having multiple streams of income
- The one thing needed to take business to the next level is up to the individual
- What’s next for Andrew?
Key Quotes
“Your network is your network.” - Andrew Jessup
“Wealth is having your name on the building, you know, you, you controlling your destiny, having multiple streams of income, having access to pay.” - Andrew Jessup
Connect with Andrew Jessup
through theturquoisecup.com, capenergyinc.com, royalfamdjs.com. Follow him on Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
On this Wealth Extraction Episode, Lesley Batson dives in on how does money really works.
Lesley Batson launched Rebel Rock Wealth, a strategic financial consulting firm to share wealth-building strategies with independent thinkers. She teaches professionals, investors, and small business owners, the WHOLE truth about money and helps them implement strategies to design, control, and build the wealth style they desire. Lesley is licensed in several states and serves clients across the country. She loves 'Hamilton the Musical', playing golf, downhill skiing, and taking up space on a hot sandy beach.
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
- How does money work
- The time value of money
- Managing tax rates or market crashes
- Understand how the math works in terms of inflation
- Choosing whole life insurance policy over 401K
- Leverage Equity in Your Policy
- The differences between loans and withdrawals
- Limitations on the control of the loan
- Utilizing Roth IRA
- What you can do with your IRA
- Uninterrupted Compounding Growth
Listen to the full episode here! https://podcasts.apple.com/us/podcast/your-retirement-account-is-not-your-money/id1622218163?i=1000559835074
Connect with Lesley on LinkedIn https://www.linkedin.com/in/lbatson/
Instagram https://www.instagram.com/rebelrockmo...
Check out her podcast Rebel Rock Money Talk https://www.rebelrockmoneytalk.com/
Visit her website at https://www.rebelrockwealth.com/ or email her at lesley@rebelrockwealth.com
Let’s get connected! You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pe...
Instagram https://www.instagram.com/nvestornikk...
Facebook https://www.facebook.com/nvestornikki
Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here. https://podcasts.apple.com/us/podcast...
#sharethewealthshow #podcast #retirement #money #lifeinsurance #benefits #investor #timevalueofmoney #taxrates #401k #equity #investmenttips #investment101 #buildwealth #cashflow #multiplestreamsofincome #blackcommunity #realestate #passiveincome
In our first Flashback Friday Featured episode - get reacquainted with the purpose of the show as our host, Nicole Pendergrass, shares a personal tragedy and her subsequent journey. A journey that led her to discover a financial need in minority communities and ultimately to the creation of this show.
She breaks down her ethos on building wealth and what you can look forward to in the other episodes! Tune in and learn how to create wealth that will be sustained and abundant for generations to come!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
_______________________________
[00:01 - 06:38] What Will You Do When Tragedy Hits? Most people don't have a plan for when life hits them and why it’s too late to prepare when tragedy strikes How a three-day seminar changed Nicole’s life and led her on a journey in pursuit of freedom Nicole’s main motivators and her mother’s hard work have influenced her path to financial freedom
[06:39 - 16:44] Turning Finance Mistakes into Finance Lessons Nicole talks about the multiple ventures she started and failed as well as the financial mistakes she’s learned from Discovering house hacking and how that changed everything Despite many mistakes, Nicole persevered and was able to passively invest in larger multifamily syndication How having a mentor benefited her immensely Learning and applying even controversial strategies
[16:45 - 19:58] The 3 Pillars of Building Wealth Creating wealth through your job, business, or a side hustle Growing your capital through investing actively or passively Protecting wealth through life insurance policies, estate planning, trust, elder care planning, etc.
[19:59 - 23:54] Stay Tuned for More! Why mindset matters more than you may realize! Stay tuned for the awesome guests we’ll have on the show
Key Quotes “The biggest thing is mindset. We really need to think about what we're doing and why we are doing it. Where did that come from – that information or that thought process did we have? Why is that part of our ethos today?” - Nicole Pendergrass
“Self-examination is one of the hardest things to do – You are your own impediment to growing and success… We let certain beliefs hold us back from moving forward because we don't realize that those beliefs are really shackles to our growth.” - Nicole Pendergrass
“Building wealth is not a quick fix. Care about the journey. Don't expect immediate results. But enjoy the journey and you will eventually become the person who you are supposed to be.” - Nicole Pendergrass
____________________________________________
Let’s get connected!
You can find Nicole on
LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
Instagram https://www.instagram.com/nvestornikki/?hl=en
Facebook https://www.facebook.com/nvestornikki
or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of the Share the Wealth Show here.
https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this episode, we have Andrew Jessup. He is the Vice President and Chief Technology Officer for Capital Energy Solutions. He studied computer science at Rutgers University and brings over 22 years of experience in software engineering, business strategy, and management to Capital Energy. He has an extreme passion for technology and renewable energy and is excited about the future of the EV movement. As a serial entrepreneur, Mr. Jessup brings experience from various industries including construction, tech, real estate, online retail, insurance, and entertainment.
Schedule a FREE discovery call for The Microfamily Investing Accelerator
The mentorship program designed to help you get your first small multifamily building and start building multiple streams of income! https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
[00:00 - 07:34] From Video Games to Real Estate
- Grew up in a standard household with a teacher mother and software engineer father
- Father brought home computers and taught him to develop software
- Introduced to video games at an early age
- Entrepreneurial spirit and mindset not from anything parents said or did
- Started the Micro Family Investing Accelerator mentorship program
- Focused on five to 20 unit properties for micro family investing
[07:35 - 14:32] From Lawn Care to Lockheed Martin: The Journey of Andrew and Mania's Business Success
- Started a lawn care business at age 7/8
- Charged $20 for services and gave neighbor $5
- Saved money from business to buy a car when he turned 17
- Graduated with degree in computer science and math from Rutgers University
- Worked at Lockheed Martin, the world's largest defense contractor
- Joined an organization called Prepaid Legal (now Legal Shield) to sell legal insurance product
- Learned about marketing, sales, and personal development through this organization
- Investing in personal development is invaluable
[14:33 - 21:12] Discovering the Benefits of Personal Development and Avoiding Shiny Object Syndrome
- Country Club was a way to gain knowledge from people who were successful without actually knowing them
- Surrounding yourself with people who are where you want to be in the future is important
- Regular activities with friends can be replaced with activities that focus on growth and development
- Commuting for a 9-5 job can be draining and unfulfilling
- Multiple Streams of Income by Robert Kiyosaki introduced the concept of making money through banks
- Banks take your money for free and give a poor return
[21:13 - 28:18] From Reading a Book to Making $92,000 in One Day: How One Entrepreneur Found Success in His Twenties
- Participated in Legal Shield selling legal insurance memberships
- Learned to be a DJ from reading a book
- Discovered Casino War and won $4,000
- Developed card counting simulator to test strategies
- Made $92,000 in one day playing blackjack professionally
- Parents were concerned about his lifestyle
[28:19 - 35:29] Unlocking Your Potential: From Buying Houses to Becoming a Professional Musician and Magician
- Bought several single family homes and used the BRRR strategy (buy, rehab, rent, refinance)
- Moved out at age 27 and wanted real estate income to take care of bills
- Also a professional closeup magician and read books on sleight of hand to help with interpersonal skills
- Uses FORM (family, occupation, recreation, motivation) acronym when talking to people
- Took a personal development course called LA Landmark Education
[35:30 - 39:17] Closing Segment
- Watch out for part 2 of our conversation with Lee!
Key Quotes
“You have to run your own race.” - Andrew Jessup
“Money is exchanging hands between people, so you have to learn how to interact with people.” - Andrew Jessup
Connect with Andrew Jessup
through theturquoisecup.com, capenergyinc.com, royalfamdjs.com. Follow him on Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
"Live the legacy that you are supposed to be."
In this Wealth Extraction Episode, Nicole shares her ethos on Building Wealth.
Tune in and learn how to create wealth that will be sustained and abundant for generations to come!
________________________________
FREE Discovery call for The Microfamily Investing Accelerator
https://calendly.com/noirvest/themicrofamilyinvestingaccelerator
________________________________
You will learn The 3 Pillars of Building Wealth
[00:01 - 00:56] Creating Wealth
- Through your job, business, or a side hustle to gather more capital for investing
- W2 , build up and master your expertise
[00:57 - 01:42] Growing Wealth
- growing capital through investing actively or passively
- how to grow your wealth
- investing strategies
- investing not only in real estate but to other businesses, in education, and mindset
[01:43 - 00:56] Protecting Wealth
- through life insurance policies, estate planning, trust, elder care planning, etc.
Key Quotes
“The biggest thing is mindset. We really need to think about what we're doing and why we are doing it. Where did that come from – that information or that thought process that we have? Why is that part of our ethos today?” - Nicole Pendergrass
“Self-examination is one of the hardest things to do – You are your own impediment to growing and success… We let certain beliefs hold us back from moving forward because we don't realize that those beliefs are really shackles to our growth.” - Nicole Pendergrass
“Building wealth is not a quick fix. Care about the journey. Don't expect immediate results.
But enjoy the journey and you will eventually become the person who you are supposed to be.” - Nicole Pendergrass
Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/ Instagram https://www.instagram.com/nvestornikki/?hl=en Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here: https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163
In this episode, we have two inspiring guests, Ade Papoola and Thomas Passante, who have used their own strategies to build businesses and create wealth. Ade Papoola is often regarded as an inventory hound, Ade Popoola has found and moved several million dollars worth of off-market Multi-family real estate over the past 3 years. He is known for his ability to find discounted off–market deals which are very hard to come by. Currently holding active licenses in Ohio and Pennsylvania as a registered nurse, Ade decided to combine his passion for data, marketing, and multi-family investing to create systems and processes that can consistently find off-market multifamily deals across the country. Thomas Passante is the Managing Director. Thomas is able to offer the opportunity to be part of a firm that features a distinguished team in Wealth Management, Insurance and Group Benefits. He takes a unique approach towards building financial strategies for his clients as well as extensive specialized training and development for his financial professionals. Thomas is a Registered Representative dedicated to helping Individuals, families, businesses owners and high net worth real estate professionals develop and achieve financial goals. At National Financial Network, we specialize in complete planning by maximizing each dollar spent and helping clients become world class savers. In Thomas' free time he enjoys playing and watching sports, traveling with friends and family, and spending as much time as possible with his Australian shepherd, Chloe. Registered Representative of Park Avenue Securities, LLC (PAS), Financial Representative of Guardian. CA Insurance License #4168312. World Class saver is a Person who saves at least 15 to 20% of gross income.
Through their stories, they emphasize the power of having a positive outlook and pushing past fear in order to reach goals. They discuss how to protect and grow wealth for a legacy for future generations, removing noise and avoiding negative opinions in order to achieve success, and how negative opinions can sometimes come from a place of love. Tune in for helpful tips and advice on achieving success through setting goals, forming positive habits and more!
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:00 - 08:56] Escaping the Racial Wealth Gap: How Minority Professionals Can Achieve Abundance Through Mindset
- Mindset is essential to achieving success
- Need an abundance mindset and to step out of comfort zone
- Guests Ade Papoola and Thomas Passante discuss their journey to building wealth
- Ade Papoola went from Nigeria to the US and started wholesaling in multi-family real estate
- Thomas Passante manages a full service financial firm and has been doing this for 7 years
[08:57 - 17:27] How to Overcome Noise and Achieve Success: A Guide to Building Confidence and Avoiding Self-Doubt
- Noise from family, friends, and people we meet can be distracting and discouraging
- It is important to have a tunnel vision mindset and avoid the noise
- Mentorship and guidance from someone successful can help you find a short pathway to success
- People who give advice may not have done it before and are trying to protect you in the best way they know how, which may not be the right way
- The biggest noise will be in our own heads, not from others
[17:28 - 26:56] Overcome Fear and Grow Your Business with Repetition and Mindset Mastery
- Real estate is a great asset class to invest in, especially during a downturn
- Mindset coaching and lectures are important for pushing past comfort zones and setting goals
- Investing in yourself is the best way to grow as an individual, through trial and error, mentorships, training and development
- Repetition of positive material can help tackle difficult issues more easily
[26:57 - 35:40] Reprogram Your Mind: How to Tap Into Calmness and Avoid Anxiety, Self-Doubt, and Depression
- Sarah Blakely's father asked her at the dinner table how she failed that day
- Donald Trump's example of a billionaire with a financial thermostat set high
- The importance of reading personal development books
- Morning affirmations and routines to sharpen the brain
- Reprogramming the mind through repetition or trauma
[35:41 - 44:37] Reprogram Your Subconscious Mind: How To Find the Positive in Trauma and Change Your Perception of Failure
- Reprogramming the subconscious mind through repetition and trauma
- Finding a positive in negative situations
- Masterminding with people to get different results
- Realizing how many swings it takes to get success and the failures that come before it
- Changing perception of failure by understanding expectations
[44:37 - 31:51] Closing Segment
- The final questions
- If you're not diversified appropriately, you probably will be paying more taxes than you should be.
- Boardwalk is the most expensive property and Baltic is the cheapest in Monopoly
- Why wealth goes way past monetary
- What’s next for Thomas and Ade?
Key Quotes
“We hold ourselves accountable to meet expectations that are wrong to start with.” - Ade Papoola
“Through trial and error is the best way to grow as an individual.” - Thomas Passante
Connect with Thomas Passante
through natfin.net. Follow him on Facebook
Connect with Ade Papoola
through Facebook
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode, we welcome back Lee Johnson as he discusses the importance of doing thorough background checks and due diligence when vetting potential sponsors and investments, as well as investing with a long-term plan in mind.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:00 - 12:35] Building Generational Wealth
- Preservation of capital is the first rule of the game
- How compound interest can grow
- Building a portfolio of assets to offset active income with passive income
- Conducting business under an entity (LLC) instead of personal name
[12:36 - 19:25] Investing in Assets
- Becoming a paper millionaire by investing in assets rather than liquidating them
- Leveraging Hyatt legal plan to set up wills, living trusts, and irrevocable trusts
- Protecting assets with family office and taking out low interest loans against them
[19:26 - 24:19] Why Your W2 Today is Your Addiction?
- Breaking addiction to a steady paycheck and benefits
- Why we should execute a goal
- Building up other streams of income for safety net
[24:20 - 31:51] Closing Segment
- The final questions
- Diversifying income sources to create a safety net
- Buying real estate (Boardwalk) and adding houses for big payouts when people land on it in Monopoly
- Wealth means being able to call your shots on your own timing
- Needing a person in marketing to take business to the next level
- What’s next for Lee?
Key Quotes
“You have to be doing more than just raising capital in order to be in compliance with the SCC rules.” - Lee Johnson
“The first rule of the game is preservation of capital.” - Lee Johnson
Connect with Lee Johnson
through valueinvestmentpartners.com. Follow him on LinkedIn, and Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode, we have Lee Johnson. As the Co-Founder and Vice President of Value Investment Partners (VIP), Lee is responsible for implementing strategic methods to grow VIP and help partners grow their wealth using various alternative investment strategies that allow leveraging money and time, conducting and monitoring project due diligence He has been investing in real estate since 2005 through multifamily, private lending and rehabbing residentials properties. His focus now is passive investing through real estate syndications and active multifamily investing.
His current portfolio spans multiple markets around the country – over 2800 units valued at about $334 million. As both an active and passive investor, his approach to business is “Being an investor FIRST” which simply means he only shares investment opportunities that he also invests in himself. He is a driving force for embodying creative use of alternative investment strategies, building generational wealth and empowering people to achieve wealth.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:00 - 17:06] How He Started in Real Estate
- How watching Carlton Sheets helped him start in Real Estate
- How Sally Maid became an integral part of his life
- How purchasing his first house made it work it for him
- How he starting flipping houses
[17:07 - 19:26] Things That The Government Wants You to do
- Why they want you to create jobs
- Why they want you to build housing
- Understanding how income is generated
[19:27 - 24:32] Meetups or Mentorship Programs?
- Trusting yourself and accelerating your earning potential
- He shares how he uses a checkbook I.R.A
- Why it’s an opportunity to be in a multifamily real estate
[24:33 - 42:23] How Do People Get Started?
- Why learning is important
- How the real estate bootcamp got him started
- The importance of due diligence
- Why when you’re investing in as an L.P., you’re collecting cash flow distributions
[41:35 - 48:49] Closing Segment
- Watch out for part 2 of our conversation with Lee!
Key Quotes
“If you create jobs, you're gonna be in a very good situation.” - Lee Johnson
“if you trust yourself and you put it into a great system, you'll be able to accelerate your earning potential.” - Lee Johnson
Connect with Lee Johnson
through valueinvestmentpartners.com. Follow him on LinkedIn, and Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode, we have Jamilah N. McCluney. She started Black Wealth Financial after learning some very important money lessons the hard way. Being completely clueless as to how credit cards, mortgages, or 401ks worked, she found herself making horrible money moves and financial decisions, which would ultimately impact her financial future in a very real way. The process of dealing with money is very personal to Jamilah and she often sees a similarity and feels a connection with her clients no matter where they are along their financial path.
She earned a Bachelor of Science degree in Psychology from Howard University and believes that her background in behavioral science helps her understand how people think and feel in regards to their personal debt and finances.
Jamilah's goal is to eliminate her clients' anxiety around money and to proactively and quickly get them out of debt, and on the path to living their best financial lives. She's been dedicated to this pursuit for nearly a decade and sees herself more as a financial coach and strategist. Her action plans are very hands-on and she's not afraid to speak the hard truths and realities when it comes to you and your money.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[1:00 - 15:31] Escaping the Racial Wealth Gap and Building an Abundant Life
- How she started her own business, Black Wealth Financial, after learning some important money lessons the hard way
- How her business focuses on teaching people how to build and protect their wealth through strategies such as buying and selling commercial properties, investing, and diversifying their portfolios
- Why clients should be their own bank, so they can earn their own interest
[15:32 - 29:37] The Power of Life Insurance
- The benefits of life insurance, including the ability to use it to reduce taxes paid over one's lifetime and to invest in assets that will provide tax advantages
- One of the key benefits of life insurance is that it allows you to borrow against the policy, which can be useful for real estate or other cash-producing investments
- The current market conditions are causing many people to rethink their retirement plans and invest elsewhere
[29:38 - 41:34] How to Handle When Your Money Goes Down Quickly in the Stock Market
- There are a variety of ways banks can make money from selling life insurance policies
- There are also advanced strategies where people sell off their life insurance and then use the money to invest in other assets, such as real estate or stocks
- Why it is recommended to save 15-20% of one's income to benefit oneself in the long term, whether that be in the form of real estate or other investments
[41:35 - 48:49] Closing Segment
- The final questions
- Why ignorance will make you miss out on opportunities
- Jamilah shares her strategy in choosing between Baltic Avenue and Boardwalk with the Monopoly game
- What’s next for Jamilah?
- Connect with Jamilah!
Key Quotes
“To have the ability to pay cash is a flex.” - Jamilah N. McCluney
“The biggest thing you wanna do is grow first yourself.” - Jamilah N. McCluney
Connect with Jamilah N. McCluney
through www.GetBlackWealth.com. Follow her on Instagram, and Youtube
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode, we welcome back Ardranae Byer who shares that going private is a better option because you "can take 'em off the platform if you Want." She also discusses the pros and cons of being under the Touro umbrella versus doing it privately. She also shares that the pros of Touro are their protection plans and that they are supposed to screen the people before they're allowed on the platform. The cons of Toro are that they sometimes don't give you all of your money, and that they are more interested in the renter than the owner.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[1:00 - 05:20] Black Professionals in the Industry
- Ardranae Byer discusses how she turned her focus to real estate and how it's helped her escape the gap
- She shares that she's currently working on transitioning out of her full-time job and into a part-time remote position
- How she's planning to retire in the next six months and leave the real estate industry altogether
[05:21 - 09:52] Getting into the Car Rental Industry
- Ardranae shares how her niece saw the author's car on Touro and reserved it before the author even knew it was him or her
- She recommends going private over using Touro because you are directly to customer and have more control over your business
[09:53 - 18:40] Tips of Being Under Touro
- Why she strictly financed her car under her name
- The pros is that they take care of you, for the most part
- The cons are you having to split your profits
[18:41 - 26:09] Closing Segment
- The final questions
- Why in diversification there should always some type of diversity, in every aspect of life so you can learn
- Ardranae shares her strategy in choosing between Baltic Avenue and Boardwalk
- What’s next for Ardranae?
- Connect with Ardranae!
Key Quotes
“When you direct the customer, everything is on you, the insurance. So you have to go and get the proper insurance.” - Ardranae Byer
“It is important that we always stay learning” - Ardranae Byer
Connect with Ardranae Byer through https://brokenhousesllc.com. Follow her on Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Sometimes we have to let things come naturally to us, instead of giving up.
In this episode, we have with us real estate investor and CEO of Broken Houses LLC & Driven USA LLC Ardranae Byer. At the age of 19, Ardranae and a friend started Aries Entertainment. An entertainment company who managed local hip hop and reggae artist. After graduating college , Ardranae wanted to try something new. In 2008 she started IKONS Media Group, Inc and launched the first national publication for queer women of color. IKONS Magazine sold over 10,000 copies and gained an online viewership of over 500 views per day. The demand of running a successful publication and online community and still working a full time job became overwhelming for Ardranae and she decided to stop the publication at the 5th issue.
Five years after closing the doors of IKONS Magazine, Ardranae stumbled and fell into the real estate business. Ardranae saw how ownership could potentially lead her into an early retirement. Since 2016, she purchased one property a year in an effort to supplement her income. In 2018, Ardranae was introduced to the art of wholesaling real estate. Since then Ardranae went on to close over 12 wholesale deals and profit over $80,000 in assignment fees.
Currently, Ardranae still invest in Real Estate in the Rochester, NY area. She also runs a successful wholesaling company called Broken Houses, LLC based in New Jersey. As if that is not enough, you can also rent cars from Ardranae through her private rental company called, Driven USA, LLC.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[1:00 - 16:56] Who is Ardranae Byer?
- Ardranae Byer is a serial entrepreneur and has a nine-to-five job as an engineering inspector for Con Edison in New York City
- She started her first business with a ghost friend in college, creating an entertainment company that lasted about a year
- She discusses how her experience with managing talent and creating Icons Magazine helped her learn more about herself and how to be an entrepreneur
[16:57 - 22:25] Making Money in Real Estate by Wholesaling
- Ardranae shares how she experienced difficulty making money from their magazine, and eventually decided to transition into real estate. property instead of buying the actual property
- Real estate was the next thing that she tried, and he was successful in buying and renovating two properties
- She then started looking for more properties, and found that wholesale was a good way to make money
[22:26 - 25:26] Investing on Education
- Why we love to invest in our education but still do nothing later
- Not wanting the cold calling
- Not researching on your partner
[25:27 - 28:04] Wholesales Performance
- Performing Note- There are risks to consider such as early payoff or they stop making their payments monthly.
- Non-Performing Note - In the event that payment stopped, you can take foreclosure action or you can take possession of the property and sell it as is so you are getting the return on your investment
[25:27 - 30:24] Closing Segment
- Watch out for part 2 of our conversation with Ardranae!
Key Quotes
“I didn't look for the next thing. I didn't look up ways to make money. I didn't do any of that. I just wanted it to come to me naturally. Just like icons came to me in entertainment.” - Ardranae Byer
“Like they see the money, right? Sometimes that's what we're driven by in the beginning, and sometimes it turns for us, but sometimes don't.” - Ardranae Byer
Connect with Ardranae Byer through https://brokenhousesllc.com. Follow her on Instagram
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
We all need to think about very carefully to prevent us from comparing ourselves, because then that can make us not grateful for what we actually have accomplished already.
In this episode, we have Nicole Pendergrass. She is a wife, mom, full time W2 employee and real estate entrepreneur, with current multifamily holdings along the East Coast. She started her investing journey with no money, no credit and no connections but through taking action and pushing through obstacles, she built her credit and savings to finally purchase a 3 family house-hack. Leveraging mentorships, she systematically grew her portfolio and networth by redirecting her equity and retirement account into purchasing more multifamily properties.
Experiencing the power of multifamily led her on a mission to help others experience the same. With two toddlers in tow, she founded her REI company, Noirvest Holdings, with the mission to close the gap by helping minority professionals build wealth passively by investing into 'privileged' multifamily cash-flowing assets. She loves reading, growth and personal development and hosts a free book club which meets weekly to discuss personal and business development oriented-books. In her downtime you can find her watching Teenage Mutant Ninja Turtles, Kids YouTube or playing games with her daughters.
Nicole loves connecting with like-minded individuals and believes we all should have access and opportunity to live with abundance.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 04:44] How to Reflect on Your Accomplishments and Be Grateful
- The importance of reflecting on where you have come from and not looking forward to where you are not yet
- Why it is important to plan out your goals strategically and not just focus on the final outcome
- By reflecting on your journey, you can appreciate the progress you have made and stay motivated throughout the process
[04:45 - 11:25] Why Mindset Matters
- Achieve bigger goals with a "bigger attitude," even if your ambitions change over time
- How to stop and think about what you've accomplished in the past, as well as what you want to accomplish in the future
- Why we should control comparison, or the tendency to compare one's own progress to that of others
[11:06- 18:10] Gratitude fosters success
- It's important to focus on what you've accomplished, rather than comparing yourself to others. This will help you be grateful for what you have, and avoid frustration and disappointment
- It's important to practice gratitude, by looking at how far you've come in the past. This will help you maintain a positive attitude and be less likely to get frustrated with setbacks
[18:11- 26:26] Closing Segment
- Book Recommendation:
- Everyone Can Be A Superhero: To order the book and get FREE coloring pages https://noirvestholdings.com/kidsbook/
- Upcoming Event:
- The Legacy Wealth Playbook Summit FREE tickets https://www.mysalesteamguru.com/legacywealthplaybooksummit-renardajoy
- Connect with Nicole!
Key Quotes
“Your goal is a moving target, it's going to change but in the meantime to enjoy the process and not be frustrated continuously with what you have not yet done.” - Nicole Pendergrass
“Successful people understand the power of the word” - Nicole Pendergrass
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode, we welcome back Lorraine Millington as she discusses the benefits of purchasing non-performing loans and doing due diligence before purchasing those notes. Lorraine shares her experience in a recent loan where she and her joint venture partner was able to get a high roi on the note. She also talks about building business with brokers, mentors, and the bank and the importance of having knowledge of the basics of notes.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 05:29] Benefits of Purchasing Non-Performing Loans
- Check out part 1 of the interview with Lorraine!
- Non-performing loans are secured by a hard asset
- There is a potential to pick up properties under market value
- Doing due diligence to make sure the value of the asset supports the debt being purchased
[05:30 - 11:06] Experiences in Passive Paper Investing
- Did a joint venture with a client who wanted to start in note investing
- After doing a close on the loan found out the initial borrower was still making payments
- Discovering that the ROI on the loan is continuing to increase
- Importance of always asking the seller for information
[11:06- 16:05] Where to Purchase Notes
- Look for brokers, mentors, or coaches who have great relationships with banks
- Banks are looking for purchasers who can solve the problem of getting that asset of their books
- Make sure you have an accredited investor and enough money in the bank
- Importance of having knowledge of what notes are and JV partners
[17:30- 26:09] Closing Segment
- The final questions
- Diversification as being a protection against ignorance is that we can't believe that one stream, one strategy is going to blow it up for us. We have to make sure that we have our eggs in different baskets
- Lorraine shares his strategy in choosing between Baltic Avenue and Boardwalk
- What’s next for Lorraine?
- Connect with Lorraine!
Key Quotes
“A non-performing loan can definitely be an option for you. But then also, if someone is looking for passive income opportunities, and maybe the stock market is a little bit too volatile for you, maybe the cryptocurrency market is, is a little too volatile for you. Cuz those are two of my better examples of a more passive paper income type of strategy.” - Lorraine Millington
“The debt is still the debt, and you know, we're, we're not necessarily going to adjust that or modify that.” - Lorraine Millington
Connect with Brian Grimes through LinkedIn, Facebook, Instagram, and YouTube. Go to 24/7 Cashflow University and check out their newsletter, webinars, and more. Don’t miss out on his FREE training at www.workwithgrimes.com/cashflow.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Investing in notes is a great way to let money work for you without needing to be involved with the technical aspect and day-to-day operations of it.
In this episode, we have with us real estate entrepreneur, mortgage note investor, tax accountant, and mindset and performance breakthrough coach Lorraine Millington. She goes deep into the nitty gritty of mortgage note investing, the difference between performing and non-performing loans, and even shared a few steps on how you can get started.
As the Founder and CEO of Melanin Homes, Lorraine and her team specialize in passive income strategies through mortgage note investing nationwide. They work directly with investors who are looking for truly positive cash flow assets, highly competitive returns on their investment, and the opportunity to Become the BANK! As President and Owner of Melanin Tax Solutions, Lorraine is an enrolled agent providing tax, bookkeeping, and tax resolution services to individuals and small business owners to help clients resolve any audit inquiries, reduce their tax liability, effectively claim all applicable tax deductions and credits and stay financially organized. As a mindset and performance breakthrough coach, Lorraine helps people get out of their own way by removing the mental blocks and limiting beliefs that are keeping them stuck in what they are doing and preventing them from moving forward to who they should be BEING, to get what they really want for themselves and for their life.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[1:00 - 13:59] Who is Lorraine Millington?
- She has always been around real estate and her family is within traditional real estate as well for a long time
- She found an effective way to get engaged with real estate without having to deal with its day-to-day operations
- Her turning point into turning to mortgage note investing is finding leverage in taking advantage of the opportunity and the fact that debt is not always bad
- She worked with legal for a long time dealing with contracts and papers associated with mortgage note investing as well as tax professional
[14:00 - 20:28] What You Need To Know bout Mortgage Note Investing
- Lorraine explained that mortgage note investing is buying the debt associated with the property instead of buying the actual property
-
- It is a great way of letting money work for you and having passive Income with minimal involvement
- She shared two ways of mortgage note investing
-
- Performing Loan - loaned through the bank to purchase a property creating a mortgage to that property & signing a promissory note for the terms of payment
- Non-Performing Loan - purchasing debt notes from performing loan and you have the ability to modify the terms or foreclose if the person stopped communicating giving you control and flexibility to make passive money
-
With mortgage note investing, you have freedom and control over the transaction that is kept in progress while also giving you the chance to profit.
[19:47 - 22:43] How to Get Started with Mortgage Note Investing
- Lorraine suggested five checklists on how to get started;
-
- Have an entity in place to protect you from a liability
- You can start with smaller amounts of capital. There’s a wide range so you can get in depending on the price point
- Have knowledge of education meaning doing research or taking courses to get more understanding before getting involved
- Partner with a mentor/coach or be with people who are already in this industry to learn while you earn
- Extend your reach or expand
[22:44 - 28:04] Performing Notes Versus Non-Performing Note:s
- Performing Note- There are risks to consider such as early payoff or they stop making their payments monthly.
- Non-Performing Note - In the event that payment stopped, you can take foreclosure action or you can take possession of the property and sell it as is so you are getting the return on your investment
[28:05 - 28:49] Closing Segment
- Watch out for part 2 of our conversation with Lorraine!
Key Quotes
“When someone goes to purchase or takes out a loan or a mortgage to purchase a property, they're not calling the bank and saying, hey, I have a leak in my roof. No, you're taking care of that yourself because you own that property.” - Lorraine Millington
“If you're listening and you have a little bit of capital to deploy, and you're really interested in something like this, really start educating yourself and aligning yourself with people who are already in this line or in this in this industry and kind of bootstrap from there.” - Lorraine Millington
“When I'm talking about ROI or return on investment, I relate that more to a non-performing loan. And the reason why is because, generally speaking, when I have a non-performing loan that I'm taking all the way to being able to recoup this asset back in my portfolio, I'm receiving a lump sum.” - Lorraine Millington
Connect with Lorraine Millington through www.melaninhomes.com. Follow her on LinkedIn and subscribe to their Youtube channel. Contact her at +1 440-305-5195.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Joining a real estate syndication will allow you to leverage other people’s money and invest together in a property.
In this episode, syndication attorney Gene Trowbridge, ESQ, CCIM sits down with us today to give expert insights on syndications and how to become a passive investor. He lists guide questions to ask an operator who's presenting an opportunity for you.
As a founding partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. He has represented over 650 clients in this area of practice. The median offering size is $3,000,000 but he has done individual offerings of over $6 Billion. His practice writes offerings under Rule 506b and 506(c) of Regulation D. As a former syndicator who for ten years raised investor capital through the broker-dealer community, he is able to communicate with his clients on both the technical and the practical aspects of state and federal securities laws. As a long-time CCIM and CCIM Senior Instructor, he has won numerous awards for his teaching ability. His book “It’s a Whole New Business!” is really a “how to manual” on real estate syndication.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 11:11] Who is Gene Trowbridge?
- Gene talks about making great decisions on the kitchen table with his wife and the meaning of wealth
- He discusses his background and how he ended up studying law at 45 and helping other people be good syndicators
- His philosophy is to do a deal by himself first because he wants to make sure everything works before he starts to manage other people’s money
- Last year, he sent 1,600+ K-1’s to his investors
[11:12 - 21:26] What You Need to Know About Syndication
- A syndication can be a great way for people to pool their resources and invest in a deal together
- As a syndicator, it’s important that you figure out where the opportunities are and assemble a team that can capture those opportunities
- Building your database of contacts is key
- What he asks his clients who are interested in real estate syndication:
-
- How did you get started?
- What do you think is going to happen in the next three years with your business?
- What advice do you have for rookies?
[21:27 - 26:53] Questions to Ask and Vet Sponsors
- What will happen to the capital if something happens to you?
-
- There should be continuity
- Never invest with an individual sponsor
- Have you done this before?
-
- Even if this is the sponsor’s first time, they should have something to bring to the table
- Are you going to invest any money in this yourself?
- If I need liquidity, how will you handle that?
[26:54 - 31:19] Becoming a Passive Investor
- Seek out education and be knowledgeable in real estate
- Not everyone is equipped to be a syndicator and not every property should be syndicated.
- The syndication business is a people business
[31:20 - 39:52] Closing Segment
- The final questions
-
- Spread the risk and get diversified
- Gene shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Gene need right now to get to the next level?
- Connect with Gene!
Key Quotes
“Before I did my first deal, people ask me, have you done this before? I say, No, this is my first time. But I must have something else going on in my life that would make them want to invest with me.” - Gene Trowbridge
“One of the hiccups that I'm seeing today is a multifamily syndicator who decides all of a sudden they're going to go into mobile home parks. That's a different game.” - Gene Trowbridge
“We're only supposed to deal with sophisticated investors and accredited investors, so how do you know? So I think the investor has a responsibility to get educated on the product.” - Gene Trowbridge
Connect with Gene Trowbridge through TrowbridgeLawGroup.com. Follow him on LinkedIn and subscribe to their Youtube channel. Contact him at 9498558399.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Joining us again to talk about creating an impact in the community is Brian Grimes. He continues to tell us about his mission to uplift C class neighborhoods and share wealth-building knowledge through coaching. He also offers his advice on how to establish trusts to protect your assets and how to remove yourself from your company by building simple systems.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 08:42] There Are Infinite Opportunities Out There
- Check out part 1 of the interview with Brian!
- There are two things you need in real estate: money and knowledge
-
- Why you need to tap into lenders when exploring C class neighborhoods
- Brian on stepping away from his companies to focus on community development
-
- Learn to build simple systems and delegate
- When you pass knowledge to others, the outcome multiplies, and more people can create change
[08:43 - 15:26] The Importance of Having a Trust
- Have the trust own the properties and the LLCs, and you be a trustee
- The difference between having an existing LLC and creating the trust vs. starting off with the trust and then acquiring assets
- Why you need to know about the straw man concept
[15:27 - 17:29] Welcome to the Club
- You don’t need to know everything to be an investor
- Being afraid means you are smart enough to know that you’re entering an unknown space
[17:30- 26:09] Closing Segment
- The final questions
-
- Millionaires are not made from diversification. They focused on one area first and once they became successful, then they diversified.
- Brian shares his strategy in choosing between Baltic Avenue and Boardwalk
- What’s next for Brian?
- Connect with Brian!
Key Quotes
“If I'm good at anything in life, it's building systems and systems that don't break. The best systems, by the way, are simple. They're very scary simple because a simple system, you can magnify by a hundred. It won't break.” - Brian Grimes
“I don't believe there's competition in this game, right? There's so much inventory out there, there's so much opportunity that I give it all. I don't hold back any information.” - Brian Grimes
“You're going to have these different fears. But in reality, as the deal unfolds, you're just going to learn day by day, and you're going to get better, and you're going to get comfortable.” - Brian Grimes
Connect with Brian Grimes through LinkedIn, Facebook, Instagram, and YouTube. Go to 24/7 Cashflow University and check out their newsletter, webinars, and more. Don’t miss out on his FREE training at www.workwithgrimes.com/cashflow.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
You don’t have to be a millionaire to succeed in real estate. You need the vision and the guts to want to make it work every single time.
In this episode, Brian Grimes shares how he quit his 9 to 5 to go full-time into real estate. His passion for providing housing to Americans led him not only to set up a successful business but also to bring high-quality homes at an affordable cost.
Brian K. Grimes, Jr. CFP® is an Ivy League-educated real estate entrepreneur and coach. Upon graduation from Columbia University in 2011, he embarked on a career in Financial Planning at AXA Advisors before transitioning to high-net-worth asset management at Bridgewater Advisors. In 2015, Brian launched his own real estate development company in his hometown of Philadelphia and has since gone on to gut-renovate 300+ rental properties across the country using the BRRRR strategy. He is raising his sons, Brian III and Tomas, in the Bronx with his wife, Zila Acosta-Grimes.
24/7 Cash Flow University was founded by Brian to teach students how to create passive income and escape their 9-5 desk job. Through his 100 Key$ Master Class, Brian teaches students how to full-gut renovate, acquire, and stabilize cash-flowing rental property portfolios. The course contains Brian’s proven methods that allowed him to scale his operation from 1 deal to over 100 properties per year. Most 100 Key$ Master Class students that implement Brian’s strategies are able to retire from their day jobs within 12 – 36 months.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 06:31] Who is Brian Grimes?
- Brian’s mission: to help create impact and extend affordable housing into communities
- He started his career in financial planning after graduating from Columbia University, then into the real estate world
- Improving the quality of housing not only benefits the tenant but additional cashflow for the investor
- He founded the 24/7 Cashflow University teaching students how to escape the 9 to 5 job through real estate
[06:32 - 10:47] Creating Density Through Co-Living Spaces
- Dentrification: Adding density back to the community by rebuilding a single property to a shared living units
- With this model, you are able to provide affordable and quality housing to people who cannot pay a full rent
- The property owner also benefits from the increased rent roll
- Brian discusses navigating the city ordinances and other considerations while setting up these spaces
[10:48 - 21:20] The Importance of Vision in Real Estate
- Seeing opportunities where most people can’t
-
- Finding a solution to the affordable housing crisis in the C-class neighborhoods
- Brian goes to the nitty gritty of full gut renovations and how they are transforming these properties to be long-term assets
- Paying directly the cost of labor and materials cut down unnecessary expenses
- How Brian survived the pandemic and was able to scale in spite of the shortages
[21:21 - 28:03] Putting All Your Energy on Yourself
- Some millionaires invest not expecting a high return but a steady return without losing capital
-
Here’s the reason why Brian decided to go full-time into real estate and quit his 9 to 5 job at 30
-
You don’t have to be a millionaire to get into real estate, you can start small
[28:04 - 30:10] Closing Segment
- Watch out for part 2 of our conversation with Brian!
Key Quotes
“When you're in a real estate game, and you've gone through some market cycles, you'll start to understand this stuff and that there are times where credit is available. And people are lending and doing 80% cash out refinance, and then things can tighten up in a heartbeat. So you have to stay pretty liquid. Keep your ear to the ground and know what's going on in a macro level.” - Brian K. Grimes
“You have all the energy while you're young, and then if you put all of that into some of these big corporations and companies, by the time you get older, you're going to have more responsibilities. I wanted to be free to put my energy into me.” - Brian K. Grimes
“If you could do anything to put yourself closer to being a millionaire, it would be to become a land owner or a business owner of some degree.” - Brian K. Grimes
Connect with Brian Grimes through LinkedIn, Facebook, Instagram, and YouTube. Go to 24/7 Cash Flow University and check out their newsletter, webinars, and more.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
There’s no one way to build wealth. Some people go all in all at once while others take slow, calculated steps.
In this episode, Sia Senior takes us through her transition from educator to investor. While her husband immediately jumped into real estate, she chose to stay as a teacher for 10 more years before stepping away when it made sense to her and her family. We hear about how she’s been conservative and realistic in her journey and how that helped them mitigate risk and make sound business decisions. She also talks about her commitment to empowering others to achieve financial independence through education and connections.
Sia started her journey in real estate investing, alongside her husband, in 2005 while working as a math teacher. Ten years later, she left the security of her W-2 and became a full-time real estate investor. Sia’s experience includes house-hacking her first property, flipping 8 properties, and buying and self-managing multiple properties to hold long-term. Her portfolio also consists of a 16-unit asset acquired through a JV partnership. Sia is a principal at Arrowhead Capital. Arrowhead Capital is a real estate firm that acquires multifamily assets in the Mid-Atlantic and Southeast. They are committed to providing our investment partners with excellent opportunities which allow them to passively create generational wealth and enhance the apartment communities of our residents.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 18:22] Who is Sia Senior?
- Sia on the moment they realized the potential of real estate
- She wasn’t initially comfortable with leaving her job, so her husband decided to make the jump first
-
- The feast and famine of real estate - sometimes you have clients and deals, sometimes you don’t
- Health insurance is also a consideration and she didn’t want to let go of having that security
- After 10 years, she finally decided to quit her job and go into real estate full-time to scale the business with her husband
-
- Sia remained to be levelheaded and calculated in every venture they take
[18:23 - 27:44] Giving Back to the Community
- Sia discusses their trust and her plans for future alterations
-
- The goal for the family is to have their trust last for generations and to have it be able to provide passive income for them and their family
- It’s important to be able to help yourself first before you are able to impact others positively
- How Sia is sharing opportunities with others to get started on real estate
-
- Creating a fund for people who don’t have large capital and offering them investing exposure and experience
[27:45 - 30:04] Perspectives on the Market
- Sia lists the areas they are focusing on right now
[30:05 - 37:03] Closing Segment
- The final questions
-
- There’s safety in diversification as opposed to me going all in in this one space
- Sia shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Sia need right now to get to the next level?
- Connect with Jordan!
Key Quotes
“I'm the good investigator on the side, like, I will check everything. And so once I realized, oh, this is legitimate, I was like, okay, yeah, I'm good to go.” - Sia Senior
“Our plan is one to make sure that our family is set because before you can help other people, you first have to be able to help yourself. You can't pour from an empty cup.” - Sia Senior
“People need an experience, it doesn't have to be a major one, to get them started, you know, just like I needed that first rental to be like, oh, okay, this seems pretty decent.” - Sia Senior
Resources Mentioned:
- Share The Wealth Show: Creating Black Trust Fund Kids with Portia Wood
- Share The Wealth Show: The Road To 2053 - Zero Net Worth For The Black Community with Portia Wood
- Share The Wealth Show: Becoming The First Millionaire In Your Family with Edmund Chien
Connect with Sia Senior through LinkedIn. Go to ArrowheadCap.com and check out their newsletter, webinars, and more. Download the 5 Benefits to Passively Investing In Real Estate Quick Guide: https://tinyurl.com/BuildWealthPassively
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Jordan D’Silva sits down with us again to discuss how he’s taking the reins of Web City Properties and what they are doing to grow their business. He also shares strategies to set yourself up for success in estate planning and imparts inspiring insights about creating connections and building generational wealth.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 07:30] Scaling the Business
- Check out part 1 of the interview with Jordan!
- Jordan discusses what assets they are focusing on now
- Currently, they are looking for opportunities in rural areas that are on the path of progress and places where there's a lack of supply but with other good factors
- They are also interested in expanding into markets where they can see long-term development
[07:31 - 14:22] What You Need to Know About Estate Planning
- It’s important to get in touch with professionals
-
- Go for those who provide quality service because it will pay off in the long run
- Find out what works for you and your family
- Connect with the right people who will help you in your estate planning journey
-
- Get referrals from your network
[14:23 - 20:13] How to Start Creating Generational Wealth
- Following what successful real estate investors do can help beginners get started
-
- Reach out to older entrepreneurs and philanthropists who open to help and mentor others
- Look for a niche and figure out how you can offer value
[20:14 - 27:29] Closing Segment
- The final questions
-
- Diversification is a result of no one knowing what will happen in the future
- Jordan shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Jordan need right now to get to the next level?
- Connect with Jordan!
Key Quotes
“Surround yourself with great team members, great attorneys, a state attorney, wealth planner. And also don't just go for the cheapest one.” - Jordan D'Silva
“Smart people find smart people, right?” - Jordan D'Silva
“There are a lot of people out there that want to help. There are a lot of programs out there. And so I think it’s just getting involved as much as you can and then following up with a lot of action, providing value to other people, and providing value that is hard to replicate too.” - Jordan D'Silva
Connect with Jordan D'Silva! Check out webcityproperties.com or email him at jordan@webcityproperties.com.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
How do you leave a lasting legacy to your loved ones?
We welcome Jordan D’Silva today to talk about his journey and celebrate his late father, who built their business from the ground up. His story is an example of how minorities can create wealth and pass it down to their children. Jordan reflects on lessons his father taught him and how he’s following in his father’s footsteps to preserve his legacy.
Jordan D’Silva is a 25-year-old real estate investor from Dallas, TX. He is CEO of Web City
Properties, an investment company started by his father in 2005. Web City Properties owns and
manages over 500 units compiled of single-family rental properties, small multifamily, and
commercial properties, and mortgage notes and is currently investing in the Dallas Fort Worth
Market. Jordan enjoys taking on difficult value-add properties, leading teams, and providing quality housing with great customer service. Jordan also runs a nonprofit dedicated to providing
solutions for families living in poverty. In his free time, Jordan enjoys traveling, sporting events, and trying new foods.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 10:37] Who is Jordan D'Silva?
- Jordan shares how his father who immigrated from India to the US
-
- Getting into real estate, buying in low-income areas, and carrying notes
- He lost his business but did not give up; he started another company in Dallas
- His father trained him and Jordan believes it’s his responsibility to manage what he built
- Currently, they are looking into multifamily and self-management plays
[10:38 - 15:00] A Legacy Beyond Wealth
- His father showed confidence in him that he can continue the business and he is always striving to make his dad proud
- Jordan did not feel bound to real estate because his father had given him the freedom and flexibility to do other things he enjoys
- The biggest thing he learned from his dad is work ethic
[15:01 - 24:18] Finding Value in Unexpected Places
- The importance of working hard while working smart
- His father recognized opportunities in low-income, neighborhoods, invested in people he could train, and served immigrant and minority customers
- Like his father, Jordan and his team go where there’s less competition
[24:19 - 25:06] Closing Segment
- Watch out for part 2 of our conversation with Jordan!
Key Quotes
“I got to commend him for not guilting me with that responsibility for the rest of my life and giving me that freedom.” - Jordan D'Silva
“He combined that work harder with work smarter by doing both. He was going to outsmart you and he was going to outwork you.” - Jordan D'Silva
“It's twofold: getting into your niche and being where there's less competition, but also having an appreciation and a willingness to be in the community and engage with these lower-income neighborhoods.” - Jordan D'Silva
Connect with Jordan D'Silva! Check out webcityproperties.com or email him at jordan@webcityproperties.com.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode, we speak again with Travis Gibson to learn more about creating and preserving generational wealth. He introduces the dynasty trust, a type of trust designed to last longer than one generation and minimize transfer taxes. He goes in-depth on its benefits and breaks down step-by-step how they were able to establish his family’s trust. He also offers actionable advice so you can start setting up your own trust, too.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 20:14] How to Build a Legacy That Grows Over Time
- Check out part 1 of the interview with Travis!
- Travis talks about discovering the dynasty trust
-
- Structuring their trust so that their descendants will receive a quarterly distribution
- The distribution protects the wealth from being squandered
- Things to consider: state laws in which it will be created, the amount of money available to invest, and the provisions that will be included
- The trust can have a time limit or be established in perpetuity
- Spouses and descendants of descendants are not entitled to distributions unless they still have children under 18
- The trust should be flexible enough to accommodate changes in the future
- How to leverage life insurance and having an LLC
[20:41 - 25:15] A Trust is A Gift
- Travis stresses the importance of estate planning for the future generation
- Why he is thinking about setting up a new trust in the next few years
- Creating wealth does not happen overnight, but all you need to do now is to get started
[25:16 - 33:29] Closing Segment
- The final questions
-
- Consolidation within an asset class and diversification across asset classes
- Travis shares his strategy in choosing between Baltic Avenue and Boardwalk
- What does Travis need right now to get to the next level?
- Connect with Travis!
Key Quotes
“You have a lot of people that they end up with sizable estates and they give their heirs the entire estate at their passing. And what happens is you create these trust fund babies that have no real appreciation as to what it takes to actually build an estate that size.” - Travis Gibson
“One of the things you have to consider with the dynasty trust is it has to be written in a way where you try to at least consider what can happen in the future.” - Travis Gibson
“Having some type of structure in place to ensure that your assets are handled properly, I think, is a responsibility of anybody that has a family.” - Travis Gibson
Resources Mentioned
-
Share The Wealth Show: Creating Black Trust Fund Kids with Portia Wood
-
Share The Wealth Show: The Road To 2053 - Zero Net Worth For The Black Community with Portia Wood
Connect with Travis Gibson through his LinkedIn! Check out Freeman Equity Group on Instagram, Facebook, Twitter, TikTok, and their website.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Getting into real estate is challenging, but it can be rewarding experience. As long as you have the right strategies and mindset, you can set yourself up for success.
In this episode, Travis Gibson talks about valuable lessons he learned throughout his career in real estate. He was doing well for himself as a software engineer and investor, but the crash of 2018 left him fighting to recover his lost assets. He details his transition to multifamily and trading and offers important insights on how to be wise with money.
Travis is the Principal and founding member of the private equity investment firm, Freeman Equity which has over $65M AUM. He has over 20 years in both the public and private equity markets. He has extensive experience investing in self-storage facilities, residential mortgage notes, mobile home parks, single-family residential acquisitions, office buildings, and Multifamily real estate syndications. Coming from a background in software engineering he has a wealth of experience in defining project requirements and managing development teams for Fortune 500 companies such as EDS, ECMC, and Apple. Finance.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 10:42] Who is Travis Gibson?
- Travis on coming from a family of real estate owners and professionals
- He bought his first property to get tax deductions
- What was it like when he lost half of his portfolio in the 2008 market crash
[10:43 - 22:33] Surviving and Thriving with Multifamily
- By finding a lender that would give him credit and buying single-family homes cheaply, he was able to slowly rebuild his portfolio
- Not wanting to deal with residents’ problems anymore, he discovered multifamily through a friend and how it offers better returns and tax advantages
-
- Travis shares a bad experience with a tenant and why you should always trust but verify
- He chose to be an active investor so he could learn the in and outs of the business
[22:33 - 29:31] Take Profits or Don’t
- Managing greed is essential, especially in trading
-
- Use profits from trading to invest in multifamily
- Set up rules and trade by those rules to mitigate risk
- Travis explains why he doesn’t want to create a course on trading
- How he’s able to balance his W2, real estate, trading, and personal life
[29:32 - 39:45] Building Sustainable Wealth as a Minority
- The community itself has capital, but the investment strategy is problematic
- You don’t need a lottery ticket, start with wherever you are
- Do due diligence and find the best cash-flowing assets
- Figure out your financial goals
- Look at your expenses and cut out unnecessary spending
-
- There is value in delayed gratification
[39:46 - 40:31] Closing Segment
- Watch out for part 2 of our conversation with Travis!
Key Quotes
“It's important that you're super diligent in choosing the best possible assets that you can from a risk standpoint, but also from a growth standpoint.” - Travis Gibson
“I've really tried to work on not only my children but also my family and pretty much anybody that wants to talk about it. Financial literacy is a huge component in this, just learning how to manage your finances and from there, how to invest. It's pivotal, right?” Travis Gibson
“The ability to defer gratification is a big part of any sound investment strategy. Do you want a new car? Yes. Do you need a new car is the question.” Travis Gibson
Resource Mentioned:
- The Miracle Morning
Connect with Travis Gibson through his LinkedIn! Check out Freeman Equity Group on Instagram, Facebook, Twitter, and their website.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
With all the wealth-building potential of real estate, there is a tendency to lose sight of what it really means to add value to the lives of others.
Today, we get to know more about Nicole Gauthier and how they are bringing transformation and financial literacy to distressed communities. She also highlights the importance of paying the people the right way and empowering them to know what they deserve.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 07:03] Making a Difference with Impact Investing
- Check out part 1 of the interview with Nicole!
- Nicole breaks down the projects she’s currently working on
- Embodying awesomeness in Wicked Holdings and creating change in distressed neighborhoods
[07:02 - 14:42] Doing Right by the Residents
- Aside from providing employment opportunities to the locals, fair compensation is a must
- Investors need to do a better job of talking to the community and understanding what they truly need
- Nicole shares how she’s able to connect with people from different walks of life
[14:43 - 22:53] Closing Segment
- The final questions
-
- Diversify with assets that you know
- Nicole shares her strategy in choosing between Baltic Avenue and Boardwalk
- What does Nicole need right now to get to the next level?
- Connect with Nicole!
Key Quotes
“As a real estate investor, we have a fiduciary duty towards our tenants to make sure that they're living in homes that are not falling apart, have heat, running water, and have more than four walls.” - Nicole Gauthier
“I can just ask them and say like, what's your highest bill? Their highest bill's probably not going to be anywhere near what our highest bill is. Maybe it's a hundred bucks, but what's a hundred dollars, right?” - Nicole Gauthier
“It's not only about you going into these communities and doing the things that you think that they need. Sometimes it’s nothing like what you've expected and you don't ever know that until you do a deep dive into them and ask them like, Hey, how can I help you?” - Nicole Gauthier
Connect with Nicole Gauthier on LinkedIn, Instagram, and Facebook. Head over to the Wicked Holdings website and check out the Free Guide for Passive Investing.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
There’s nothing wrong with seeking a safe and secure job. But more often than not, there are risks that are worth taking to achieve financial freedom.
Our guest, Nicole Gauthier, began her career as an accountant until she realized that there’s got to be more to life than a four-day work week. She stepped out of the typical path and transitioned to real estate to build the lifestyle she wants and leave a legacy for her family. Today, she shares her story and offers valuable advice for those who want to get started in real estate, especially with passive investing.
Nicole Gauthier is the Founder of Wicked Holdings; a real estate investment company
focused on social change and community empowerment. She is a multifamily real estate investor currently invested in 208+ doors and provides opportunities for passive investors to diversify their assets into multifamily investments so that they too can live a life of abundance and financial independence. She is also dedicated to helping educate others on the concept of generational wealth and financial literacy.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 15:13] Who is Nicole Gauthier?
- Nicole wanted to be a graphic designer but decided to become an accountant because it’s the safer route
- She broke out of the mold to discover a different way to increase wealth
- Your 401k is not enough for retirement and there are other options to save money for the future
[15:14 - 24:22] Creating Legacy Through Real Estate
- There are a lot of ways to use the cash value of insurance policies to invest in other assets.
- Nicole believes in real estate because it is stable and income producing
-
- How she started to invest passively
- Understanding that debt is not scary and can be leveraged to open up opportunities
- To be a passive investor, it’s important to gain clarity on your investing goals and find operators that you know, like, and trust
[24:23 - 25:06] Closing Segment
- Watch out for part 2 of our conversation with Nicole!
Key Quotes
“There's got to be more. I need to be able to create my own schedule. I need to find a way to get out of this five-day work week where most of my life is spent.” - Nicole Gauthier
“ A 401k that you can't even touch until you're like 59 and a half and if you do touch it before then there's all these penalties and tax implications that you're now subject to… It's like, why? This is my money that I've put into there. Why is it being held hostage?” - Nicole Gauthier
“Debt is not bad. You just have to leverage it to create the right opportunities for yourself.” - Nicole Gauthier
Connect with Nicole Gauthier on LinkedIn, Instagram, and Facebook. Head over to the Wicked Holdings website and check out the Free Guide for Passive Investing.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode, we continue our conversation with Don Spafford. He details how networking took him from zero to success in real estate. He also talks about the work they do in Happy Camper Capital and discusses his insights on campgrounds as a solid investment asset that could potentially offer 3x returns. Going back to his passion for uplifting others, Don shares how they are opening a path for non-accredited investors and people with limited capital to get into great deals.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 08:40] The Value of Networking
- Check out part 1 of the interview with Don!
- Building relationships with people enabled Don to grow in real state
-
- How he was able to reach out to people by listening to podcasts
- Raising capital for different deals through his connections
[08:41 - 12:41] Investing Opportunities in the RV Campground Space
- The advantages of investing in campgrounds
-
- Higher returns
- Inexpensive to maintain
- Provides a unique experience both to customers and investors compared to other types of investments
[12:42 - 15:05] Helping Non-Accredited Investors Become Accredited
- Why Don and his team are accepting lower minimums to allow non-accredited investors to get started
- Other development projects that they are involved in that interested investors can explore
[15:06 - 22:20] Closing Segment
- The final questions
-
- Diversification protects us against what we don’t know
- Connect with Don!
Key Quotes
“I think that, more than anything, what really led me to where I'm at today is just making those connections.” - Don Spafford
“These are RV campgrounds. It’s a short-term rental at a multifamily scale.” - Don Spafford
“If you're not accredited, you can't get into all these great deals, but then how do you become accredited? So, we try to keep open for that.” - Don Spafford
Connect with Don Spafford through LinkedIn. Visit his blog, CTR Finance, and check out the Happy Camper Capital website.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
You don’t have to have a lot of money to get started in real estate. Our guest, Don Spafford, proved that you can hustle your way to financial success, and serve other people along the way.
In this episode, Don looks back on how his personal struggles fueled his desire to be in a better financial position in order to help others improve their lives. He considers this as his mission, but he also has words of advice on finding the balance between helping and enabling.
Don Spafford has an educational and professional background in Finance and Securities Investing. His wife is from Paraguay and together they enjoy the opportunities they have to travel back to visit family there and to help the communities in South America. When his wife became a realtor around 2010, it motivated him to want to learn how to invest in Real Estate. The family moved from Nebraska to Idaho in 2015, and it was there in Idaho where they got started. He bought his first property, a four-plex, in 2017, then two more 18 months later. He began moving into commercial real estate including ground-up development projects and eventually landed with Happy Camper Capital, providing syndication opportunities in RV campgrounds. He enjoys spending as much time as he can with his family to create lasting memories. His hobbies include coin and bank-note collecting, traveling, and when he can, he likes to watch movies at home. Don has very high moral and religious standards and will not bend his beliefs for anything. His word is his bond.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 17:28] Who is Don Spafford?
- There’s more than just education
-
- Don talks about struggling to find a job and eventually looking for other ways to improve their cash flow
- How he and his wife were able to start investing even without being in a strong financial position
-
- Leveraging his 401k
- Finding a local lender with a good downpayment option for investing
- He lessened the hassle of self-managing by putting up systems for payment
[17:29 - 23:37] Uplifting Others through Real Estate
- Don shares his passion for helping other people
-
- His mission in Argentina showed him true poverty and wanting to be a driver of change
- Real estate has enabled him to be in a position to give back, especially to his family
- He started a personal finance blog geared towards teenagers and young adults
[23:38 - 29:52] Don’t Feel Bad for Saying No
- Setting up boundaries in helping people is important, even if it’s hard
-
- Judge it based on the situation and what their actual needs are
- If helping becomes too much of a habit, you’re debilitating others and making them not use their own brains and resources to solve their problems.
[29:53 - 30:38] Closing Segment
- Watch out for part 2 of our conversation with Don!
Key Quotes
“I'd say we've been definitely blessed with more financial security or income through real estate investing. That has put us in a different position where we can do more to help people.” - Don Spafford
“We're not just going to give them anything they ask for unless it's an actual need.” - Don Spafford
“You got to put some limits on there and control it to before it gets out of hand 'cause once you start getting that habit, then they're going to expect it all the time.” - Don Spafford
Resources Mentioned:
- BiggerPockets
- The Book on Managing Rental Properties by Brandon Turner
- Unfu*k Yourself by Gary John Bishop
Connect with Don Spafford through LinkedIn. Visit his blog, CTR Finance, and check out the Happy Camper Capital website.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
To celebrate the 25th episode of the Share The Wealth show, we sit down for a heart-to-heart talk with our host, Nicole Pendergrass. We get to know a little bit more about her as she reflects on the true meaning of balance and why we will never achieve success by being still and stagnant. By embracing the up and downs of life, we can set ourselves in motion, and build strength and confidence to face any challenges head-on.
Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 04:24] Thank You for the 25 Episodes!
- Nicole introduces herself and shares the things that keep her busy
-
- As she moves on to do bigger things, the issue of balance comes into play
[04:25 - 10:40] Balance is All About Being Out of Balance
- The common misconception about balance is that everything has to be perfect and under control
- It‘s not humanly possible to devote our attention to so many things
- We have to choose where we put our focus and take things one at a time
- It’s okay if some aspects fall into disarray; it’s part of life
- Life is about movement
-
- We cannot create wealth if we keep our money in one spot
[10:41 - 20:14] When We’re Out of Balance, We Grow
- Accepting change and chaos makes us stronger and helps us reach our full potential
- Opportunities will come when we inspire other people with our journey and struggles
- It’s all about reframing our emotions
-
- Turn anxiety to excitement
- Think of challenges as the path to greatness
- Embrace life as it is and keep moving forward
[20:15 - 29:01] Closing Segment
- The final 2 questions:
-
- Nicole on diversity: When you're in growth mode, you should focus. When you're in capital preservation mode, you should diversify.
- What’s next for Nicole?
- Let’s get connected!
Key Quotes
“Balance is about getting out of equilibrium. It is impossible to devote the same amount of attention at all times of the day, to all the different areas of your life. That's humanly impossible.” - Nicole Pendergrass
“ it doesn't grow because you're keeping it in the one spot. Growth of finances and wealth building is all about deploying your money to a certain investment in a certain area and letting it come back to you with more.” - Nicole Pendergrass
“You have to reframe those feelings in your body. Instead of anxiety that can stop you and slow you down, think of that as excitement.” - Nicole Pendergrass
“Many people sleepwalking through life because it's easy. I need you guys to all get on your seesaws and be okay with the up and down, with the movement, with the back and forth.” - Nicole Pendergrass
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com and email her at nicole@noirvestholdings.com!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Dr. Julius Oni joins us again to dig deep into what helped him achieve the success he has today. Having a good working relationship with his partners and team has made it possible for him to fulfill both his roles as CEO and orthopedic surgeon. He also breaks down the cash-generating advantages of multifamily and, more importantly, how it is offering him opportunities to give back to the community. He is passionate about educating others on the benefits of investing rather than simply saving money, and he considers himself a testament to the power of real estate.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 13:11] Multifamily Real Estate is a Team Sport
-
Check out part 1 of the interview with Julius!
-
How building a strong team has helped Julius balance his W2 and real estate career
-
- Running a tight ship through systems and processes
- Their clients are the ones bringing opportunities to them by spreading the word about the company
- The importance of having the spirit of abundance and educating the community about real estate
[13:12 - 17:04] You Cannot Save Wealth
- Julius explains the compounding returns in multifamily vs. single-family
- Saving in banks is not smart!
-
- If the bank invests our money, why not invest in ourselves?
- Real estate is a tangible asset to own unlike stocks and crypto
[17:05 - 22:13] Getting Back Time Freedom
- Opening up the real estate world to health care professionals and underrepresented minority communities
- Julius shares why he decided to enter the medical field and why he will not stop being an orthopedic surgeon
- Passive income through real estate will enable him to have more time to help others while still doing the job that he loves
[22:14 - 34:21] Closing Segment
- The final 2 questions
-
- Julius on diversification: Be active in one main investment and passively invest in other assets
- Connect with Julius!
Key Quotes
“You need to have the team player mindset. It's so difficult as a solo person to do anything in this space because you may climb up, but it would just be a slow climb.” - Julius Oni
“My primary goal is to educate, right? And so either you invest with us or invest with others, but as far as the person in our community is investing, growing wealth, growing your mind, and getting to the next level, my job is done.” - Julius Oni
“The moment you put your money in the banks, that money becomes a liability to them. Guess what they do with it? They invest it, they lend it out, they do something with it… So think about it. If they are doing that, why can't you do that yourself?” - Julius Oni
Resource Mentioned
- Traction by Gino Wickman
Connect with Julius Oni through juliusoni@xsitecapital.com! Visit the XSITE Capital website and join the Exciting World of Multi-Family Investing Meetup and Networking. Follow them on LinkedIn and Facebook, too!
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
With high wages come the higher costs of living and even higher taxes. How do high-income earners get out of living paycheck to paycheck and truly achieve financial independence?
Orthopedic surgeon Julius Oni has seen real estate work firsthand and it enabled him to buy time and geographic freedom back and enjoy the fruits of his labor with people he loved. Today, he talks about how he discovered the potential of multifamily investing and why minority professionals like him should start creating passive cash flow. He also gets into his experiences as an angel investor and the incredible value one could bring and gain in helping young businesses grow.
Julius Oni is the CEO and Co-founder (Investor relations) of XSITE Capital Investment LLC. Before joining XSITE Capital, Julius' investment focus was single-family real estate and angel investing. Over the past five years, Julius has invested in over 50 start-ups and currently sits on the advisory board of four healthcare-related start-ups. He graduated summa cum laude from SUNY Plattsburgh, obtained his medical degree with AOA honors from Howard University College of Medicine, and completed residency and fellowship at NYU Hospital for Joint Diseases and Rush, respectively. Julius works as an orthopedic surgeon in Baltimore, Maryland, with sub-specialization in hip and knee replacements, and was voted Top Doc for Joint Replacement by Baltimore Magazine in 2019 and 2020. His interests include travel, music, global health, and spending time with his family. Julius and the XSITE Capital team host a rapidly growing multifamily-focused monthly meetup where they provide resources and add value to individuals interested in growing their wealth and changing their financial future.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 15:31] Who is Julius Oni?
- Julius shares his journey in the medical field
-
- Spending money after fourteen years of delayed gratification
- Why single-family real estate did not work for him
- Rethinking about his career and learning about the potential of multifamily
- Joining conferences made him realize how underrepresented health care professionals and minorities are in the asset class
[15:32 - 21:38] True Passive Income Is True Financial Freedom
- Here’s the truth: High-income earners have higher taxes and higher loan burdens
- The dangers of lifestyle creep
- Through passive income, professionals can actually achieve financial independence without being tied to their jobs
[21:39 - 33:06] Setting Small Startups for Success
- Julius talks about investing in his brother’s company
- What is an angel investor and how to become one?
-
- Angel investing vs Crowdfunding
- Julius’ own experience, building relationships with businesses
- Websites to check out
- The high risk, high reward nature of angel investing
-
- Julius reveals his investment strategy
- Why real estate is still the best investment
[33:07 - 35:06] Closing Segment
- Watch out for part 2 of our conversation with Julius!
Key Quotes
“I realized that there was a great opportunity to take the gospel of multifamily into our communities of healthcare professionals, underrepresented minorities, immigrants, people that just did not have ready access to this asset class.” - Julius Oni
“You had the lifestyle creep 'cause now everybody's looking at you. You're the orthopedic surgeon… How come you're still driving your Honda Accord from undergrad or medical school, you know? So you want to keep up with the Joneses, you want to take a vacation, nice vacation with your family.” - Julius Oni
“When you have true passive income, well, you just could be sleeping, eating, you know, doing whatever you are and the money is still coming right into the account.” - Julius Oni
Resources Mentioned:
- Y Combinator
- Techstars
- CrowdStreet
- Fundrise
- SeedInvest
Connect with Julius Oni through the XSITE Capital website and follow them on LinkedIn and Facebook.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
We don’t need to have life all figured out to find some level of success. What matters is we keep moving forward and learning along the way.
Chandra continues her story of transitioning from her W2 to real estate, and the challenges and successes she experienced. She also reflects on finding her life’s purpose and her journey to become a coach. Listen in for another inspiring episode!
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[00:01 - 11:16] From Underwriter to Real Estate Entrepreneur
-
Check out part 1 of the interview with Chandra!
-
How Chandra decided to quit her W2 and do business full-time
- Thinking about what she really wants to do for the rest of her life
- Getting her real estate license and tapping into her portfolio
[11:17 - 14:34] Finding Passion in Coaching
- What’s next for Chandra?
- How experiences as a woman of color motivated her to become a coach
[14:35 - 22:04] Closing Segment
- The final 2 questions
-
- Chandra on diversification: Know what you have available and diversify
- Reach out to Chandra!
- Chandra’s final advice to aspiring real estate investors: Connect with your local REIA
Key Quotes
“Based on a lot of my experiences as a woman of color and things that I've gone through having to be coached by someone that doesn't look like me, even though they did a great job, there's more explaining that I have to do to them.” - Chandra Minter
“Be vocal about what you want to do, what you want to learn, and don't be shy or hesitant to walk into a room where the information is being given freely even if you look different, even if you sound different.” - Chandra Minter
“The one thing that I tell everyone when they reach out and they say, how do I get started? Go and find your local REIA and just attend your first meeting.” - Chandra Minter
Resources Mentioned:
- National REIA
- Meetup.com
Connect with Chandra Minter through Facebook! Find her at chandraminter.exprealty.com and email her at chandra.minter@exprealty.com.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
A lot of people think that they don’t have what it takes to get into real estate. But here’s the truth: we have more than what we realize. If we are intentional and we know what levers to pull, we can become successful.
Here to share how she started small and made it big is Chandra Minter.
Chandra is a real estate professional with over 13 years of experience. Her career in real estate began in 2009 as a mortgage underwriter. During that time she decided to use her knowledge of mortgages and apply it as a real estate investor where she purchased 5 rental properties using various strategies over a span of 3 years. In 2019, she became a licensed realtor in the state of Virginia which she uses primarily as an investor herself and in helping others who are currently investing or want to enter the world of real estate investing.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 06:27] Who is Chandra Minter?
- Chandra on her first introduction to the loan world
- Working as an underwriter and getting a glimpse behind the scenes of real estate
[06:28 - 19:05] Building a Rental Property Empire
- How Chandra utilized conventional and FHA loans
- Being intentional in creating cashflow
- The financial benefits of having a rental property
[19:06 - 21:22] Spend More Money to Make More Money
- Using house equity to buy more properties and live life to the fullest
- How we can leverage our 401k
[21:23 - 22:07] Closing Segment
- Watch out for part 2 of our conversation with Chandra!
Key Quotes
“There's all these different ways that you can maximize your profits off of one property, even if it's the one that you currently live in.” - Chandra Minter
“I spent that money on my memory bank so we traveled a lot. I was able to create memories on that money.” - Chandra Minter
“Some people think they have nothing, but you have more than you think. If you have a job and you're paying into your 401k, you have more than you think.” - Chandra Minter
Connect with Chandra Minter through Facebook! Check her out on chandraminter.exprealty.com and email her at chandra.minter@exprealty.com.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
What is a fund and how can we benefit from it?
In this episode of the Share The Wealth Show, Lisa Hylton answers our questions about funds and what makes it different from investing in a syndication. She also talks about her real estate journey and gives a realistic perspective on building a business, which a lot of us will surely relate to!
Lisa Hylton is the host of The Level Up REI Podcast, VP of Finance for a Real Estate Tech Start-Up and founder of Lisahylton.com, a commercial real estate fund management firm that was created to help accredited investors gain diversification across private commercial real estate investments. When she’s not investing in real estate, she is hiking, dancing Argentine tango, paddleboarding, practicing yoga, taking evening walks, swimming, traveling, embarking on wine country getaways, and trying new adventures.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 07:56] Who is Lisa Hylton?
- Growing up in a real estate family
- Buying a property in Grand Cayman and being an out-of-the-country landlord
- Why she almost gave up on real estate and how she found her way back
[07:57 - 17:13] Investing in a Syndication vs. Investing in a Fund
- What is syndication?
- How Lisa got into syndication
- Networking is key
- Her first foray into doing funds
- Creating a fund that enables people to choose deals they want to invest in
[17:14 - 32:12] Playing the Long Game
- How Lisa is taking action in her life right now
- Finding longevity in real estate
- Why she decided to go back to a W2 job
- What it takes to build and sustain a business
[32:13 - 40:37] Closing Segment
- The final 2 questions
- Lisa on diversification: Doing intelligent diversification
- Connect with Lisa!
Key Quotes
“Who you hang around matters. This opportunity came because I was around people who were thinking bigger than me and saw opportunities that I did not see.” - Lisa Hylton
“Anything that you're thinking about doing, finding a way to do it will provide you with a lot of clarity.” - Lisa Hylton
“I think that funds are a long-term play because they require money for you to start. It’s going to require a couple of thousand to get started, to get it off the ground. Eventually, the funds really start paying as you continue to make really good investments.” - Lisa Hylton
Resource Mentioned:
- The Leve Up REI Podcast: Leveling Up Communities with Nicole Pendergrass
Connect with Lisa Hylton! Follow her on LinkedIn, Instagram, Facebook, and Twitter. Subscribe to her YouTube channel and join their Facebook community. Visit lisahylton.com for her podcast, blog articles, and investment opportunities. Check out The Fund Accelerator to learn more about fund creation!
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
It takes more than one person to break generations of racial barriers. We all have to work together to empower our people and bring economic and social transformation.
Thomas Lopez-Pierre joins us again today to talk about how we can take action to create collective change. Supporting black businesses and black banks is key to a thriving community. He also believes that we need to learn from other groups who overcame their own struggles and have the knowledge and resources to help us close the wealth gap.
Listen in for another packed episode with Thomas!
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 17:00] Coming Together To Build Black Wealth
-
Check out part 1 of the interview with Thomas!
-
How to grow the business and community through strong partnerships
- The education versus capitalist society
- Learning from other groups and leveraging capitalism
- Black people need to be smarter in their investments
[17:01 - 24:09] Closing Segment
- The final 2 questions
-
- Thomas on diversification: Believing in diversity and not putting all the money in one developer
- Connect with Thomas!
Key Quotes
“If you're going to live the Gucci lifestyle, the bling-bling lifestyle, do it off passive income, don't do it off earned income.” - Thomas Lopez-Pierre
“I hate to break it to you: Your home, it's not an investment. Your home is an expense. You have to pay a mortgage for that and if you stop paying the mortgage, you get foreclosed. An investment is when you have tenants paying you rent, and if they stop paying you rent, you will evict them. That's an investment of black people, food for thought.”- Thomas Lopez-Pierre
“Invest in things that produce cash flow, not things that make you feel like a bourgeois, you know, feeling important because you will achieve some social status.”- Thomas Lopez-Pierre
Resource Mentioned:
- The Color of Money by Mehrsa Baradaran
Connect with Thomas Lopez-Pierre through his website and follow him on his socials at Facebook and Twitter.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Success and achieving financial freedom in real estate is the "American dream." Of all the possible career paths and pathways you could take to get there, becoming a successful successful real estate investor is one of the most lucrative and fastest ways to achieve wealth and prosperity. But it doesn’t come easy if you’re Black and poor.
In this conversation, Thomas Lopez-Pierre discusses how black people can secure their financial future, achieve equal opportunities and create passive income and build wealth for themselves and their families.
Thomas Lopez-Pierre serves as President/CEO of Black Lives Matter Real Estate Forum, LLC, a Black and Hispanic-owned social impact advisory firm that specializes in launching economic empowerment campaigns that build wealth and create jobs for Black and Hispanic people. Black Lives Matter Real Estate Forum, LLC was founded on June 12, 2020, in the wake of the murder of George Floyd by the police. Black Lives Matter Real Estate Forum, LLC sponsors a family of private equity real estate funds (i.e.: BLMREF Fund I, LLC, Black Doctors Real Estate Fund, Black Lawyers Real Estate Fund).
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 13:30] Who is Thomas Lopez-Pierre?
- How the Black Lives Matter Real Estate Forum started
- Generating a passive income with your earned income through real estate
- Creating opportunities and jobs for the black community
- How to get started in investing
[13:31 - 18:48] Working Hard Is Not Enough
- The lies Black Americans believe
- Hard work versus smart work
- Colorism: How skin tone bias affects racial equality on opportunities
- Hard truth: Education does not equate to high pay
- The advantage of owning a property
[18:49 - 23:04] Black People Need Economic Power
- What keeps the black community from supporting each other
- Breaking free from the slave mentality
- We need more black-owned businesses
[23:05 - 23:49] Closing Segment
- Watch out for part 2 of our conversation with Thomas!
Key Quotes
“White folks just have more choices, and so their children are less likely to engage in antisocial and criminal behavior. We want to give our community those same choices.” - Thomas Lopez-Pierre
“Tenants don't pay you rent because you have a college degree. They pay you rent because your name is on the deed.” - Thomas Lopez-Pierre
“Black Americans have the lowest of any group of buying real estate, securities, starting businesses… We have to give our people economic opportunity.” - Thomas Lopez-Pierre
Connect with Thomas Lopez-Pierre through his website and follow him on his socials at Facebook and Twitter.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
For anyone who has dreams of building their own real estate empire, Jhanel Wilson is a testament that the opportunities to succeed in the industry as a minority and a woman are truly endless. With grit, creativity, and finesse, she started her journey with a lack of capital and, nearly two decades later, has built a portfolio worth over $10 million, comprising 100-plus units.
A chemical engineer-turned-investor, Jhanel’s mission is to assist others in removing the fear and complexities around breaking into real estate. By empowering people with the knowledge and resource they need, she hopes to demonstrate how real estate can help individuals to achieve financial freedom and gain greater control over their lives.
In this episode, she drops some valuable nuggets of wisdom for those looking to break into the industry. Let’s get started!
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 16:50] Who is Jhanel Wilson?
- Investing in real estate at 22
- Using debt as a capital
- Her strategy: Shifting from credit cards to commercial loans
[16:51 - 27:00] How to Use 100% Financing to Build a Real Estate Empire
- Types of lenders to make your necessary purchase
-
- Use the top-tier lenders who have the best rates
- Networking and building relationships are key to success
- The common misconceptions of new homebuyers
- Choose who you listen to
-
- Listen to people who are successful in real estate
[27:01 - 37:57] Creating Wealth and Setting up a Protection Plan
- Jhanel talks about her portfolio and what it is comprised of
- How to protect her portfolio
- Making a non-investor a trustee
- Her advice for those just starting out in the industry
- Learn how to spot a property that’s less than what it's worth and know how to get it up and running
[37:58 - 44:05] Closing Segment
- The final 2 questions
-
- Jhanel on diversification: Focus on one thing and master it
- Connect with Jhanel!
Key Quotes
“This is a common misconception that you can only use business loans or commercial loans on business properties. But no, you're just using these properties as a business… You can get a commercial loan, a business loan on a single-family home because it's generating income. ” - Jhanel Wilson
“Some problems are bigger than the next, but they think it's a lot harder than it really is. And maybe once you kind of unlock that, it's not that bad. You kind of start and just go.” - Jhanel Wilson
“It's because there is like so many negative people and naysayers that scare you. And you don't realize that you shouldn't listen to them. You don't listen to people who were not successful with it. You shouldn't listen to people who are not investors.” - Jhanel Wilson
Connect with Jhanel Wilson through jhane@thesavvyrei.com. Visit the https://linktr.ee/Jhanel.Wilson and follow her on Instagram and LinkedIn.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
We’ve talked about financial wealth but, in this episode, we’re putting the focus on mental wealth. Now more than ever, in these uncertain times, we all need to know how to take care of ourselves.
Rich Jones sits down with us today to share his story of healing and shifting into a more holistic lifestyle. From personal finance advice, he also talks about centering his work more on holistic wellness, which he believes is essential to our physical and mental health.
Rich is the host of The Mental Wealth Show and Executive Editor of Find More Balance, a multimedia platform dedicated to holistic wellness for high performers. He's also a master's track and field athlete competing around the country in the long jump. By day, Rich works in Diversity, Equity, and Inclusion at Google.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 09:47] Who is Rich Jones?
- His season of healing and going back to being a track and field athlete
- Seeking holistic wellness and helping others to know about it
-
- Rich explains the benefits of ice baths
[09:48 - 31:45] Going Through a Holistic Journey
- How Rich is using his credit cards to fit his lifestyle
-
- Effectively accumulating points
- Taking a mental health leave from his job and learning about his CPTSD
- Building his support system and how it helped him with his struggles, especially with alcohol
- Getting to the root of his issues with EDMR therapy
-
- It’s never about what’s happening in the moment
- Shifting from Paychecks & Balances to Find More Balance
-
- Personal finance is still important but it’s about looking at a bigger picture
- Being able to speak publicly about his problems is a testament that therapy and self-care works
- Why you need to find time for yourself
[31:46 - 39:11] Closing Segment
- The final 2 questions
-
- Rich on diversification: Take a pause when you need to and don’t do too much at the same time
- Connect with Rich!
Key Quotes
“I've really been learning through this holistic journey how to create a lifestyle that works for me. And that allows me to achieve more of what I want in life while also still having financial freedom and not creating debt for myself.” - Rich Jones
“When we get triggered, it's never about that thing that's happening in the moment. It's about something that was encoded and embedded a long, long time ago.” - Rich Jones
“There has to be some time that like, you carve out that’s just for you and once you get consistent about it, you train everybody else around you that like that time as you.” - Rich Jones
Connect with Rich Jones! Follow him on LinkedIn, Instagram, and Twitter. Head over to the Paychecks & Balances website and the Find More Balance website to know more about the work he does.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Do you know why you’re paying more taxes?
Larry Pendleton joins us in this episode to provide useful tips on how entrepreneurs can be smarter with taxes. He goes in-depth on business structures and breaks down their tax implications. Larry also shares his thoughts on how minorities and non-minorities approach their tax and wealth-building strategies, and why he is building passive cash flow through real estate.
Larry Pendleton is a real estate investor and CPA with a passion for adding value to fellow investors through tax consulting and accounting services. His mission is to help people achieve financial freedom through real estate investing and tax strategies. He’s been a CPA for over 8 years with over a decade of experience in tax consulting & preparation, cost segregation studies, accredited investor validation, accounting, auditing, and bookkeeping. His team consists of 5 tax and accounting professionals servicing 200+ professionals in real estate in the US. He also brings over 6 years of real estate experience in buy and hold multi & single-family housing, corporate housing, short-term rentals, and flips. He has stakes in various syndications and joint ventures across the US overseeing 11 cash-flowing properties, consisting of 53 doors and 2 lots of land for new construction in 2022. He adds value to these groups in capital raising, tax strategy, investor relations, and underwriting. Most importantly, Larry is married to his beautiful wife, Whitney, and he’s the proud father of two handsome sons, Larry III and Wesley.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 10:28] Who is Larry Pendleton?
- Larry discusses how he got into real estate
- His background in public accounting, audit, and eventually building PC Financials
- Seeing how his father dealt with taxes inspired him to serve other business owners
[10:29 - 20:36] How to Be Strategic With Taxes
- The mistakes people do that cost more taxes
- Understanding the entity types
-
- single-member LLC vs S Corp
- Knowing when to be an S Corp election
- Consult with a tax strategist or accountant
[20:37 - 24:08] The Mindset of Minorities Around Taxes
- Thinking of immediate needs vs long term
- Who are you surrounding yourself with?
- Communities need to come together more
[24:09 - 30:06] Serving the Mission
- Why Larry almost quit real estate
- Learning about multifamily
- Opening up his time to help more people by earning passive cash flow
[30:07 - 35:37] Closing Segment
- The final 2 questions
-
- Larry on diversification: Do you truly understand what you’re investing into?
- Connect with Larry!
Key Quotes
“When you go self-employed, you're now responsible for all the FICA taxes, that's an additional 15.3% on top of the federal income tax rate as well. That's why it goes from an employee being taxed on 30 to 40% of their income to self-employed individuals being taxed on 50 to 60% of their income.” - Larry Pendleton
“We're trying to pinch every penny and squeeze everything out in the world but at some point, you have to bring in professionals in certain aspects that like, you're not skilled at.” - Larry Pendleton
“I don't see them [minorities] compiling their resources to buy a business or property or whatever so that no one is straining themselves or leveraging the strength of their group. Whereas non-minority groups are doing that more often.” - Larry Pendleton
Resources Mentioned
- Rich Dad Poor Dad by Robert T. Kiyosaki
- Finding Your Why by Simon Sinek, David Mead, Peter Docker
- Who Not How by Dan Sullivan, Benjamin Hardy
- The E-Myth by Michael Gerber
Connect with Larry Pendleton! Follow him on LinkedIn, Facebook, and Instagram. Check out his Linq page, too! Contact him directly at 7575358592 and book a meeting now!
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode of the Share the Wealth Show, Generational Wealth Planning Attorney Portia Wood emphasizes the need for black and brown families to have estate planning in order to protect their wealth from discriminatory policies. She also talks about the work she does with her company and with friends to help close the racial wealth gap and provides valuable resources that we can all use to be informed about estate planning.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 09:05] Addressing the Racial Wealth Gap
- Check out part 1 of my interview with Portia Wood!
- Getting away from the toxic banking society that’s harmful to people of color
- Economic inequality and institutional racism
- How COVID-19 accelerated the Road to 2053 timeline
- The black community is losing at the generational wealth transfer game
[09:06 - 13:20] The Power of Trusts
- Setting up the legal authority over your assets
- You don’t need permission from a judge
- Avoiding the extraordinary legal fees and delays
[13:21 - 21:27] Let’s Educate Ourselves
- Head over to woodlegalgroup.com!
-
- Get access to their Resource Library
- Save a seat on their monthly webinars
- Go to thefutureofgenerationalwealth.com and join the discussion about generational wealth protection
- Starting conversations with multigenerational families
[21:28 - 28:30] Closing Segment
- The final 2 questions
-
- Portia on diversification: Having multiple buckets where you are invested is incredibly important
Key Quotes
“That's me saying, I've not only thought about you but that I love you and I am encouraging you. And the only way I can do that and it's with my estate because I'm gone.” - Portia Wood
“It is not because we are not building assets. It is not because of that. It's because we are losing at the generational wealth transfer game. We are losing every time somebody gets sick and every time somebody passes away by not having plans in place. And we just cannot afford to do so anymore.” - Portia Wood
Connect with Portia Wood! Visit the Wood Legal Group website and follow them on Instagram, Facebook, Twitter, and LinkedIn. Check out Portia Wood on Clubhouse, too! Want to know how Portia can help you? Here are 3 Ways Estate Planning Can Help Close the Racial Wealth Gap.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
What do you think about trust fund kids?
Most of you are probably picturing spoiled brats driving expensive cars and living in mansions as we see on TV and social media.
In this episode of the Share the Wealth Show, our guest Portia Wood busts the myth surrounding the term and tells us why we all deserve to be trust fund kids (but without the attitude). Portia is a generational wealth planning attorney and she discusses the importance of having an estate plan at the age of 18 regardless of whether or not you have any assets. By planning ahead, we can protect ourselves and make sure that our legacy lasts for generations to come.
Based in Los Angeles, Portia leads Wood Legal Group, LLP, an African American woman-owned and operated law firm specializing in estate planning, probate, and elder law that she runs with her mother and law partner, Robin Wood. They are passionately focused on helping all families grow and protect wealth by being a trusted resource for accurate information and comprehensive, culturally competent estate planning.
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
[00:01 - 07:36] Who is Portia Wood?
- Transitioning from journalism to law
- Her passion for empowering marginalized communities to take agency over their legacy
[07:37 - 14:48] Avoiding Court Interference
- If you’re over the age of 18, nobody is allowed to be your legal representative
- The basics that you need to prepare
-
- Property power of the attorney
- Health documents
- Distribution plan
[14:49 - 24:32] Normalizing Intergenerational Wealth Transfer in Black and Brown Communities
- Setting up distribution structure
- How Portia created a multi-generational trust structure or a legacy trust for her son
-
- The conditions she put in place
- Creating banking concepts within your estate plan
[24:33 - 31:10] Protecting Your Intergenerational Wealth
- You need time and protection for money to grow
- Making a subtrust
[31:11 - 32:08] Closing Segment
- Watch out for part 2 of our conversation with Portia!
Key Quotes
“Everybody's estate plan is customized to their situation, but if you're over the age of 18, you have to have at least a minimum.” - Portia Wood
“We should all want to be black trust fund kids, right? It's important. What it means is that somebody has planned for you.” - Portia Wood
“It's about Intergenerational wealth protection, right? Like my goal is to make sure that everybody who comes down the line from me is taken care of.” - Portia Wood
Connect with Portia Wood! Visit the Wood Legal Group website and follow them on Instagram, Facebook, Twitter, and LinkedIn. Want to know how Portia can help you? Here are 3 Ways Estate Planning Can Help Close the Racial Wealth Gap.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Do you want to get out of the matrix?
In this episode of the Share the Wealth Show, Jerome Myers looks back at the pivotal moment that made him decide to drop out of corporate America and take his agency back through real estate. He breaks down how he overcame the obstacles he faced starting out in multifamily and gaining success. He also shares his honest thoughts about not letting things that you can’t change hinder you from reaching your dreams.
Jerome Myers (a/k/a "J") is a developer of people and places. He is the founder and Chief Inspiration Officer of two ventures. DreamCatchers is a boutique coaching firm that supports first and second-generation wealth creators to self-actualize and attain transcendence, and The Myers Development Group, where we help ordinary people invest in multifamily real estate in a way that creates generational wealth. Through these entities, he gets to live out his childhood dreams of helping people manifest the things they imagine and he is the evidence that dreams should be real.
Since leaving corporate America after building a 20MM division, J has become one of the most sought-after thought leaders in the multifamily development space. His company, The Myers Development Group, built a multi-million-dollar portfolio following the principles of Myers Methods. Although he's often told that he makes investing look easy, the people closest to him know the road wasn't without challenges. So, he created Myers Methods, a real estate education company, to dispel many of the myths related to the industry and educate investors on his 4-step process to owning and operating apartments.
[00:01 - 19:28] Who is Jerome Myers?
- Losing his agency in corporate America
-
- His experience as the bearer of bad news to his team
- Moving out of the corporate world and into multifamily
-
- The challenges he faced in financing
- Finding potential partners
[19:29 - 23:22] Articulating What You’re Bringing to the Table
- Figuring out the value you can add
- Getting foundational knowledge
- Building credibility
[23:23 - 30:57] Don’t Let Anything Stop You
- Controlling the things you can control
- Why people with varying backgrounds and experiences should have the courage to create their own platforms
- Eliminating excuses whatever they may be
[30:58 - 39:40] Closing Segment
- Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
- The final 2 questions
-
- Jerome on diversification: Wealth is built by you being the best at something in the world and then you diversify that wealth
- Connect with Jerome!
Key Quotes
“Wealth is built by you being the best at something in the world. That's how you build your wealth. And then you take that wealth, and then you diversify it across many different investments so that if something catastrophic happens, you don't lose everything.” - Jerome Myers
“Every investor is trying to overcome four things, knowledge, deal flow, experience, and capital. And they're overcoming those four challenges in that order every single time.” - Jerome Myers
“There is no reason for you not to be able to make your dreams a reality. It's just a mindset thing.” - Jerome Myers
Resource Mentioned:
Rich Dad’s Cashflow Quadrant by Robert T. Kiyosaki
Connect with Jerome Myers! Follow him on LinkedIn and Instagram or head over to jeromemyers.co. Get his FREE guide at myersmethods.com if you want to know more about multifamily investing!
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Did you know that you can leverage your credit to invest in business assets?
In this episode of the Share the Wealth, Dalle Garcia reflects on being fascinated by how money works at a young age. This led her to seek knowledge and build networks to reach her financial goals. She learned to use credit and authorized user accounts to her advantage. By using debt smartly, she’s able to find the resources to jump into the investing space.
Dalle Garcia was born and raised in the Bronx, New York City. Her first job out of school was at a real estate law firm in White Plains, New York. There she learned the art of real estate and it was the best thing that ever happened. Soon thereafter, she was mortgage brokering and helping homeowners get financing. Reviewing credit has been something she learned very early due to home loan financing. Getting a real estate license while serving loans was a no-brainer. Things changed really fast in 2008. Surviving the last recession had geared her into having financial setbacks and had to work on her own personal credit.
Tune in now and learn specific strategies when it comes to your building credit score!
[00:01 - 15:14] Who is Dalle Garcia?
- Helping people build business credit and leverage it to purchase assets
- Being an immigrant and growing up dreaming to do bigger things
- Studying hard about credit and learning from her mistakes
- Feeling responsible for her family and now, teaching her son early about finances
[15:15 - 23:09] Being More Creative With Credit
- How to get higher lines of credit when you don’t have assets to show for
- Dalle explains authorized user accounts for credit cards
- Leveraging good credit
- The lessons she gained from working in a real estate law firm
- Utilizing her credit to buy real estate
[23:10 - 28:18] Hedging Inflation Through Credit
- Working together with people with good credit
- Using business funding and reinvesting
- You can always get a nice return with real estate
[28:19 - 32:33] Reinvesting Debt
- Start branching off with your finances
- Buy assets with debt
- Dalle shares one client's success story
[32:34 - 38:19] Closing Segment
-
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
-
The final 2 questions
- Dalle on diversification: You need to diversify in certain scenarios in life
- Connect with Dalle!
Key Quotes
“I appreciate people that want to grow. And even if they don't know, they’re just going to leap. That's the key. Go and go for it. Stop overthinking it.” – Dalle Garcia
“I love to educate business owners, even people that don't have a business and are thinking about starting something.” – Dalle Garcia“You have to diversify certain scenarios in life depending on how that impacts you. Because if you're self-employed and you only have one form of income and that business slows down and you don't have nothing else.” - Dalle Garcia
Connect with Dalle on LinkedIn and at info@goldcrowncredit.com. Visit the Gold Crown Credit website and follow them on Instagram, and Facebook.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Have you ever made a major decision with imperfect information?
In this episode of the Share the Wealth Show, guest Billy Keels explains that there is no 100% accurate information to make decisions. The most important metric is “Return on Sleep” (ROS) and it means exactly what it sounds like. Ask the questions and go with decisions that let you sleep at night.
He discusses further the importance of having the right people around you. Invest your time in finding resources of information, start conversations with other people, and make an impact on their life.
Tune in now and take notes you can share with others!
[00:01 - 06:51] Return on Sleep (ROS)
- Check out part 1 of my interview with Billy Keels!
- Every single investment is going to be risky
-
- Asking the uncomfortable questions
- How to get a positive ROS
-
- Spending time with your syndicator or operator
- Knowing their track record
- Doing proper due diligence
[08:07 - 15:47] Safeguarding Your Wealth
- Talk to tax professionals
- Billy on letting his kids be comfortable with talking about money
- Understanding not just how much money you make but how much money you actually keep
-
- How Billy unlocked passive income
- Having more control of his financials with real estate
- Looking for other options for cash flow
[15:48 - 19:35] Investing Your Time With the Right People
- Finding networks and resources of knowledge
- Prevent the perpetual rat race
-
- Share information with other people and start conversations
[19:36 - 28:35] Closing Segment
-
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
-
The final 2 questions
-
- Billy on diversification: At some point, you need to make a bet and do the things you really want to do
- Connect with Billy!
Key Quotes
“Because you're investing your time, don't just let this be an exercise where you're just watching this and going on to the next thing. Talk about today's conversation, share it with other people and be able to impact their lives positively.” – Billy Keels“When you are engaging with your operator, and you're talking to a syndicator. If they cannot or do not answer your questions in the way that makes sense for you, then it's okay. It's just not the right fit. I mean there's a lot of people that are out providing a very similar service. So it's a matter of, ‘You just need to find the person, the operator, the syndicator that helps you, that gives you the answers in the way that you need the answers received so that you feel comfortable once again.'” - Billy Keels
Resource Mentioned
- Going Long Podcast with Billy Keels - Episode 118: Nicole Pendergrass
Connect with Billy on the First Generation Capital Partners website. Follow him on LinkedIn, Instagram, and Twitter. Listen to the Going Long Podcast!
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
For W-2 employees looking for opportunities outside corporate life, this episode is for you!
Our guest Billy Keels is on a mission to help those high-wage earners and/or retirees that have been forgotten about by so many in society. He's determined to help you feel comfortable and confident going against conventional wisdom by being okay with investing real assets and doing that beyond your backyard! As a long-distance real asset investor, Billy is utilizing the skills that he's developed over the last 23 years as a happy, successful corporate employee at some of the world's largest market-leading IT multinational companies to become an entrepreneur. As part of his journey, he's hyper-focused on consistently helping people to create new alternatives for their life so that you can be also happy about going into your job (or not)! As he builds his family of investors and students he's determined to help each one of them enjoy each and every moment doing the things that they love most. With a desire to add as much value to each interaction that he has, the 20+ years of travel throughout some 86 countries, working with multiple global currencies, his ability to fluently speak 5 languages, and his passion for living and working across cultures are just some of the qualities that make Billy unique in his ability to serve each and every person that he comes into contact with.
Listen in and learn how you can overcome your uncertainties and start your journey to financial freedom!
[00:01 - 09:15] Who is Bill Keels?
- Adapting what his parents taught him growing up
- Getting access to a great education and traveling
-
- Learning new languages from living in different countries
- Being exposed to a lot of different things
- Taking action and being curious
[09:16 - 15:20] Overachieving And Retiring After 26 Years In Corporate
- A recovering perfectionist
-
- Not coming from money, Billy’s driven to achieve
- Lessons learned from losing money in the stock market twice
- Realizing the things he’s missing out in life as a corporate employee
- Getting out of your comfort zone
[15:21 - 23:09] Taking Control of the Outcomes of Life
- Being comfortable with money
-
- Growing up, talking about money is taboo
- Understanding different financial opportunities
- Helping other people discover financial freedom
- What’s the first step in vetting a sponsor or operator?
[23:10 - 23:56] Closing Segment
- Watch out for part 2 of our conversation with Billy!
Key Quotes
“I didn't sign up to be the top executive and also missing out on the things that were really important to me. And so it was from that moment that, when I look back on it now, that was really the catalyst to get me to do what I wanted to do, which was really have more control over the financial outcomes of my life.” - Billy Keels
“It's not really about having more money… It's about being able to do what you want to do with whom you want to do it.” - Billy Keels
Connect with Billy on the First Generation Capital Partners website. Follow him on LinkedIn, Instagram, and Twitter. Listen to the Going Long Podcast!
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Are you looking to save money this year, invest for the future, and stay ahead of the IRS?
In this episode of the Share the Wealth Show, tax strategist Larry D. West III discusses ways to save on taxes, specifically with regard to the tax code. We also dive deep into estate planning, trusts, and entity structures. Listen in and increase your tax efficiency now!
Larry D. West III is a managing partner of Precision Business Strategies where he leverages 8+ years of experience in the public accounting sector to help business owners maximize profits, minimize taxes, and build personal wealth. His specialized knowledge comes from his niched experience working as a tax and business strategist across different industries and platforms.
[00:01 - 02:05] Who is Larry D. West III?
- Helping clients with creative tax strategies
[02:06 - 14:07] Tax Optimization Strategies
- Taking advantage of the Tax Code using a business
-
- Opportunities for deductions
- Strategically spending money
- Tax strategies for business owners with W-2s
-
- Consider your vehicle and mileage
- Your refund should come from a refundable tax credit
-
- Understand how to accurately and appropriately fill out tax forms
- You should be close to a breakeven
- Looking at what the government is incentivizing
-
- What drives the Tax Code?
- Contribute to a retirement account
- Which presents the most tax-efficient opportunity?
-
- Market real estate
- Cryptocurrency
[14:07 - 29:42] Passing Down Property, Inheritance Tax, and Estate Tax
- Knowing the entity structure
- When you pass away, your heirs receive a step-up in basis
- What are lifetime exemptions?
-
- Planning ahead of time and shifting things in the estate
- You should be below the exemption
- The four basic parts of an estate plan
- Using an ILIT
- How to move things in and out of the trust
[29:43 - 36:28] S Corps vs C Corps Explained
- Double taxation and C Corps
- S Corps are not necessarily tax-efficient for real estate
- Documentation is important
[36:29 - 41:52] Closing Segment
- Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
- The final 2 questions
-
- Larry on diversification: Don’t spread yourself too thin
- Connect with Larry!
Key Quotes
“If you think about the value of our business, the value of our retirement accounts, the value of our life insurance, the value of our real estate that could easily reach that number pretty quickly.” - Larry D. West III“One of the things that you can do while you're still here, especially with these limits being so high, is that you can start to give things from yourself to your next generation. You can get your property to them and move it out from your estate. So that you can use that exemption while you're here, instead of losing it in the event that you pass away.” - Larry D. West III
Connect with Larry D. West lll! Visit pb-strategies.com and schedule a discovery call with his team. Follow them on LinkedIn, Facebook, and Instagram.
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
In this episode of the Share the Wealth Show, Nicole Pendergrass and guest, Dr. Felecia Froe talk about how you don’t need to overcome fear before taking action. Bravery means being scared and taking action anyway! Dr. Froe also discusses how she wanted to make her money work for her and also work for other people by giving back with a purpose.
Felecia Froe, MD is the owner of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing. As a real estate syndicator, Felecia has partnered with like-minded investors and has raised money for several social impact projects, including a residential assisted living home in Kansas City, Missouri focusing on providing elderly residents experiencing memory problems with personalized care. With her partners at the Eco Alliance Group, she is providing healthy food to food desert areas with indoor vertical farms and grocery stores.
In addition to real estate investing, Dr. Froe is a licensed urological surgeon with over 20 years of experience. She has written many Best Selling books including "How to Create Wealth that Outlives You". Plus, she is an advocate for sharing the great work others are doing for their community through her podcast Money With Mission Podcast.
[00:01 - 12:35] Who is Dr. Felecia Froe?
- Dr. Felecia realized that medicine and her career as a urologist weren’t the only impact she was going to leave on the world
-
- After reading Rich Dad Poor Dad, Dr. Felecia realized that Passive Income was the tool to build wealth
- Meeting a patient who was a real estate investor and how that changed everything
- The fear that Dr. Felecia felt when assuming a VA loan for her first property
- When you realize that money is abundant, you won’t be afraid of losing it
[12:36 - 19:24] Leaving a Legacy and Investing for Social Impact
- How Dr. Felecia focuses on affordable housing, grocery stores, and investments that have a positive social impact
- The purpose and movement of Money with Mission
-
- Building communal elderly homes and assisted facilities
[19:25 - 26:37] Getting Started for Those Who are Afraid to Take the Leap
- How to find opportunities and get started with social impact initiatives and investments
-
- Invest your money in alignment with your values
- Invest in what you are comfortable with
- There are different ways to invest
- How Dr. Felecia protects her wealth for generations to come
-
- Her daughters’ financial literacy and making sure the future generations are financially educated
[26:38 - 36:36] Closing Segment
- Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
- The final 2 questions
-
- Dr. Felecia’s opinion on “Diversification is a protection against ignorance.”
- Don’t just stay diversified in one asset class
- Connect with Dr. Felecia!
-
- Want a FREE ebook on how to build wealth that outlives you? Send an email to wealth@moneywithmission.com
Key Quotes
“The fear didn't go away. I just did it… You do have to walk through that fear and know that whatever happens, everything will be okay in the end.” - Dr. Felecia Froe
“One thing that I've learned over time is that once you take that first step, no matter what it is, you may not end up at the goal you thought, but so many things are going to happen along your way that you get to where you're supposed to be.” - Dr. Felecia Froe
“For me, building wealth and leaving a legacy go together. And the legacy that I want to leave is to make a big impact wherever I invest my money.” - Dr. Felecia Froe
“People need to invest their money in alignment with their values.” - Dr. Felecia Froe
Resources Mentioned:
- Rich Dad Poor Dad by Robert T. Kiyosaki
Connect with Dr. Felecia Froe
Want a FREE ebook on how to build wealth that outlives you? Send an email to wealth@moneywithmission.com
LinkedIn: https://www.linkedin.com/in/moneywithmission/
IG: https://www.instagram.com/moneywithmission/
FB: https://www.facebook.com/moneywithmission
Twitter: https://twitter.com/MONEYWMISSION1
Youtube: https://www.youtube.com/channel/UCV2cYACflAVKlZ9ZIN7B79w
Podcast: https://moneywithmission.libsyn.com/
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Imagine having a high-paying job but still living paycheck to paycheck, trying to get out of debt?
In this episode of the Share the Wealth Show, Dr. James Bryant shares how he escaped being cash strapped and built generational wealth while doing good. James' positive mindset is key to his success, and he highlights the importance of focusing on goals. He also discusses passing more than a financial legacy to his kids and structuring his life to be fully present in his family.
James Bryant, Ph.D., P.E. is the Founder of Engineer Your Success, LLC, a boutique leadership training and peak performance coaching firm designed to help engineers win in business and in life. Dr. Bryant believes that you can build the business of your dreams and have a life that you absolutely love. He has over 20 years of experience leading teams and organizations in the private and public sectors and is the host of the Engineer Your Success Podcast. Dr. Bryant is a professional engineer, a certified John Maxwell Leadership speaker, trainer, and coach, and most importantly he is a loving husband and father. Dr. Bryant is an Alumni of the initial Myers Methods Multifamily Real Estate Investing Course and using joint ventures, has an ownership stake in 4 multifamily properties that have a total of over 85 units.
[00:01 - 10:42] Who is Dr. James Bryant?
- Being income rich but cash poor
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- Not living beyond their means but somehow still struggling to get rid of debt
- How they started monitoring cash flow to manage expenses
- The start of his investing journey
[10:43 - 17:32] Getting Your Finances in Order
- Going to multifamily to pay off their mortgage
- Tapping into lines of credits and their retirement account
- Locking in on financial goals
- Projecting your cash flow
-
- This has a psychological impact
[17:33 - 20:11] Doing Well While Doing Good
- Financial freedom enables you to give back
- The fulfillment in being able to provide for your parents
[20:12 - 29:07] Having a Growth Strategy and Looking at the Future
- James talks about investing passively in the future
- Leveraging on your 401(k) to get the resources needed to invest
- The work he does with Engineering Your Success, LLC
- He shares stories about his kids and what’s the legacy he wants to leave behind
[29:07 - 36:36] Closing Segment
- The final 2 questions
-
- James’ take on the diversification: Niche down!
- Connect with James!
Key Quotes
“Success is a journey and it shifts. How we view and use money, and leverage money begins to grow as we grow.” - Dr. James Bryant
“Your kids see who you are not who you project to be. And they begin to follow your cues.” - Dr. James Bryant
“You can only be an expert at so many things. So even if you're looking to generate income from other areas, then which one are you going to be the expert in? Which one are people going to look to you to be the authority to speak about, to talk about when it comes to investing and moving forward?” - Dr. James Bryant
Connect with Dr. James on LinkedIn and Instagram. Also, check out Engineer Your Success with Dr. James Bryant on LinkedIn and listen to the podcast!
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Did you know that life insurance offers so much more than just death benefits? Most people don’t realize the living benefits that life insurance has to offer!
In this episode of the Share the Wealth Show, Lesley Batson dives in on how to use life insurance to your benefit. We talk about the misconceptions about life insurance, its benefits, and why you should have it, as well as practical tips to make the most out of it.
Lesley Batson launched Rebel Rock Wealth, a strategic financial consulting firm to share wealth-building strategies with independent thinkers. She teaches professionals, investors, and small business owners, the WHOLE truth about money and helps them implement strategies to design, control, and build the wealth style they desire. Lesley is licensed in several states and serves clients across the country. She loves 'Hamilton the Musical', playing golf, downhill skiing, and taking up space on a hot sandy beach.
[00:01 - 06:05] Who is Lesley Batson?
- How she transitioned to business after 20 years of her career spent in technology
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- Wanting to do something different
- Getting into real estate investing
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- Listening to podcasts
- Infinite banking concept
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- Using life insurance and leveraging it to build personal wealth
[06:23 - 11:01] The Time Value of Money
- Leverage your money while you’re still young
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- Managing tax rates or market crashes
- Understand how the math works in terms of inflation
- Choosing whole life insurance policy over 401K
[11:23 - 15: 41] Leverage Equity in Your Policy
- The differences between loans and withdrawals
-
- Limitations on the control of the loan
- Utilizing Roth IRA
-
- What you can do with your IRA
- Uninterrupted Compounding Growth
- You have to pay back the interest each year!
-
- Any insurance company will charge you to use their money
[15:41 - 24:22] Life Insurance premiums
- Benefits of a life insurance policy
- The different kinds of life insurance policies that you can utilize
-
- Converting from term convertible policy to life insurance policy
- Choose between leaving your money to your loved ones or to Uncle Sam
-
- A benefit of choosing life insurance
- It is a great alternative to saving in a bank account
Key Quotes
“When I think of diversification, I think of you need to have money in pools. The more money you have in savings, that are safe and secure…Where the more money you have in savings, the greater their permission, you have to invest because if that investment goes sideways, at least you still have that pool of money in reserves that money, the cash flow is coming in from those investments.” - Lesley Batson“I feel like that's something that people don't realize you can actually use living benefits of a life insurance company because they only think about the death benefit. - Lesley Batson
Connect with Lesley on LinkedIn Podcast & The School and Instagram. Visit her website https://www.rebelrockwealth.com/ or email her at lesley@rebelrockwealth.com
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
How do you make the most out of your exit?
In this episode of the Share The Wealth Show, Nicole welcomes guest John Casmon, who shares his journey from working as a W2 corporate employee to becoming an apartment investor. John discusses how he became interested in real estate and how he went from starting out with two properties to owning over a thousand units.
John Casmon is a real estate entrepreneur, and he's partnered with Disney professionals to invest in over a hundred million dollars worth of apartments. He also actively is a multi-family investors and he consults them to help them start and grow their business.
Have you read Rich Dad, Poor Dad? I would think so like most of the listeners that you have, he explains that, “It helped me think about money differently. You should work a job for skills, not just a salary.” And when you think about that, He was working in corporate America doing advertising and marketing.
He remembers when his company shut down, how anxious everybody in the company was. He remembered feeling powerless and he watched a lot of my colleagues lose their jobs. They had multiple rounds of layoffs and one person had been there 22 years and they had planned on being there until they retired.
This is an episode chocked full of gems information that you really need to know!
[00:01 - 05:36] Who is John Casmon?
- Transition from working in an office to an investor
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- Surrounding yourself with the right people
- Making things achievable and attainable for yourself
-
- How to scale and grow
- Saving money to open up different possibilities
-
- Saving money to buy property
[05:51 - 08:47] Thinking About Money Differently
- Getting inspired from a book
-
- The importance of real estate
- Working for a job to get skills and not a salary
- The importance of Real estate
- Seeking out to invest in real estate
[08:50 - 13:20] Networking As A Key To Build Portfolios
- Connecting with people through Networking events
- Building relationships to understand how to bring on investors
-
- Being responsible with your own money
- Being able to invest with your own money
- The commitment to give time and energy to find and analyze deals
-
- Get them under contract
- Manage those deals
- Operate those deals
[15:56 - 19:51] You Want to Make Sure That You Control The Exit
- Transitioning in the corporate area to learning real estate
-
- Shifting your mindset with real estate to doing it on your own
- Understanding that every investment has risks
-
- How do you mitigate those risks?
- Diversifying your investments
- Protecting the equity that you’ve created
Key Quotes
“You want to make sure that you control the exit. You want to sell when it makes sense for you to sell.” - John Casmon
“You have to have nuances to your approach and put the plan together based on that market. Those are the things you're looking at, to understand the market and then finally, you want to make sure that you understand the deal and you want to understand where the business plan is.” - John Casmon
“Syndication at its simplest level is just group investing – It's a group of people that come together, pool capital together, so you can go out and buy a property.” - John Casmon
Connect with John on LinkedIn, Instagram and Twitter
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
When you die, what are you leaving behind? Leaving a legacy takes planning. In this episode of the Share the Wealth Show, we continue our conversation with Edmund Chien on what to do once you’re earning money actively and passively – How do you protect your wealth? And not just in your own lifetime, but for generations to come. Edmund gives tips, tools, terminology, and advice on the fundamental principles of intergenerational wealth.
Edmund Chien has over 15 years of experience managing money for high-net-worth investors, including serving as a senior partner of a private equity firm that managed ½ billion in assets. He is experienced in real estate syndications and was also a licensed stockbroker and life insurance advisor. In retirement, Edmund now focuses on coaching real estate syndicators in client relations.
[00:01 - 06:38] Get Money and Then Grow it While You Sleep
- Check out part 1 of my interview with Edmund Chien!
- While you’re creating money on an active basis, you need to leverage it passively
- How to make the most of tax breaks and benefits to grow your money
- What a PPP (Public-Private Partnership) is and how you can utilize it
[06:34 - 17:14] Advice on Establishing an Estate Plan or Trust
- How to turn today’s wealth into an intergenerational legacy
- The importance of curating your life and distancing yourself from negative influences around you
- Retirement; having passive cashflow that meets your daily expenses
- The 3 phases of wealth building
- Why you need Life Insurance
-
- It’s about protecting your wealth generator, not just your wallet
- Why you need living benefits as a young person
[17:15 - 19:58] Using a Trust to Protect the Wealth of the Next Generation
- What is the concept of shirtsleeves to shirtsleeves and how do you protect against it?
-
- 90% of family offices fail by the third generation
- Create a trust with a holding company
- How to find trustworthy advisors to help you build and protect your wealth!
[19:59 - 23:54] Stay Tuned for More!
- Why mindset matters more than you may realize!
- Stay tuned for the awesome guests we’ll have on the show
Key Quotes
“Forming a legacy is the third phase of [wealth]. So the first phase is getting a great job, getting a W2, learning how to make money, and being able to make money. And then the second phase is how to get money to work for you.” Edmund Chien
“There's this phenomenon in society that if you try to better yourself, especially from the people you're surrounded with, the people that are around you will try to drag you back down.” - Edmund Chien
“If you've noticed anything, in all three phases is to be continuously learning and improving your understanding of things.” - Edmund Chien
“One of the misnomers with life insurance is that there are many different ways to use it. And there are many different types of life insurance.” - Edmund Chien
Connect with Edmund on LinkedIn and Instagram. Visit his website https://edmundchien.com
Let’s get connected!
You can find Nicole on LinkedIn, Instagram or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
Do you want to stop working for money and start having money work for you?
In this episode of the Share The Wealth Show, guest Edmund Chien and Nicole Pendergrass talk all about how he built and managed a $70 million book of business for high-net-worth clients, what he’s learned form coaching and advising millionaires and what it takes to make your first million. All this and more!
Edmund Chien has over 15 years of experience managing money for high-net-worth investors, including serving as a senior partner of a private equity firm that managed ½ billion in assets. He is experienced in real estate syndications and was also a licensed stockbroker and life insurance advisor. In retirement, Edmund now focuses on coaching real estate syndicators in client relations.
[02:40 - 04:00] Who is Edmund Chien?
- Starting off as a neophyte to pursue excellence
- Working as a professional in Broadway productions
- Enlisting in the military and becoming a boot camp instructor
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- Learning how to invest my salary properly
- Reading about personal wealth and personal finance
- Becoming a full-fledged professional in the industry
[05:00 - 07:00] Wealth Management Is Considered As Private Equity
- The main focus of the different types of investment brokers
- What is considered private equities?
- How Venture Capital differs from Private Equity
[07:20 - 10:00] Private Equity Gives You A Lot More Control
- Downsides of public markets versus open markets
- The upsides of private equities
-
- Price to earnings ratios tend to be lower
- Buying Assets Privately
[10:20 - 15:00] The Hardest Million To Make Is The First Million
- Coaching and advising Millionaires
- Surpassing your parent's income generation and collection of wealth
-
- Showing respect to your parents when giving advice
- Finding great mentors and great coaches to help you
Key Quotes
“If you invest and the company fails, you can't foreclose on property. There are no bricks and wood there. And because there's no asset there. It's not considered private equity. It's considered a venture capitalist considered VC because there's very little collateral.” - Edmund Chien“Buy assets privately because you get it at a better price. I'm a value investor so that's my philosophy; I'd rather buy assets at a better price. In public stocks or real estate income trust, you can’t control that.” - Edmund Chien
Connect with Edmund on LinkedIn and Instagram. Visit his website https://edmundchien.com
Let’s get connected!
You can find Nicole on LinkedIn, Instagram, or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.
When tragedy strikes, and we lose our bearings, can we say we’re fully and financially prepared? What happens when you leave this earth? What do you want to leave behind?
Welcome to the Share The Wealth Show! Where your host, Nicole Pendergrass believes that everyone can become financially successful. In this episode, Nicole shares her story on what led her into her financial freedom journey, her ethos on building wealth, and what you can look forward to for future episodes!
Tune and learn how to create wealth that will be sustained and abundant for generations to come!
[00:01 - 06:38] What Will You Do When Tragedy Hits?
- Most people don't have a plan for when life hits them and why it’s too late to prepare when tragedy strikes
- How a three-day seminar changed Nicole’s life and led her on a journey in pursuit of freedom
- Nicole’s main motivators and her mother’s hard work have influenced her path to financial freedom
[06:39 - 16:44] Turning Finance Mistakes into Finance Lessons
- Nicole talks about the multiple ventures she started and failed as well as the financial mistakes she’s learned from
- Discovering house-hacking and how that changed everything
- Despite many mistakes, Nicole persevered and was able to passively invest in larger multifamily syndication
- How having a mentor benefited her immensely
- Learning and applying even controversial strategies
[16:45 - 19:58] The 3 Pillars of Building Wealth
- Creating wealth through your job, business, or a side hustle
- Growing your capital through investing actively or passively
- Protecting wealth through life insurance policies, estate planning, trust, elder care planning, etc.
[19:59 - 23:54] Stay Tuned for More!
- Why mindset matters more than you may realize!
- Stay tuned for the awesome guests we’ll have on the show
Key Quotes
“The biggest thing is mindset. We really need to think about what we're doing and why we are doing it. Where did that come from – that information or that thought process that we have? Why is that part of our ethos today?” - Nicole Pendergrass
“Self-examination is one of the hardest things to do – You are your own impediment to growing and success… We let certain beliefs hold us back from moving forward because we don't realize that those beliefs are really shackles to our growth.” - Nicole Pendergrass
“Building wealth is not a quick fix. Care about the journey. Don't expect immediate results.
But enjoy the journey and you will eventually become the person who you are supposed to be.” - Nicole Pendergrass
Let’s get connected!
You can find Nicole on LinkedIn, Instagram or Facebook. Visit her website https://noirvestholdings.com
Do you want to build wealth for yourself and your family? You need THE LAUNCHPAD. Click here to learn more!
LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.