gualteramarelo 3Speak Podcast: Recent Episodes

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https://3speak.tv/watch?v=gualteramarelo/skiqxcmv
It takes 3-5 years in order for a person to reach a goal worth attaining

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https://3speak.tv/watch?v=gualteramarelo/hbewnzqo
The secret to success is what you focus on. But more in-depth. It's what you don't focus on. It's what you ignore. Ignorance is the key to success, the most successful people on the planet that I know only do one thing, they do one thing and they do it well.

Right now, at this point in your life, if you are reading this you have been training in real estate for at least six months, you've read the books, you've watched the videos, you've hired coaches, you hired me, you're here in this training because you've been to other trainings. And there's something that is missing, something that is elusive to you, you want to take more action, the problem is that you're paying attention to too many things.

List all the things that you want to do Create a List of the top 20 things you want to do. Pick one thing that is going to make you wealthy beyond your belief. What is that one thing, it's a list of ONE you don't get multiple. Yes, life is multiple-choice, but success is a singular choice. If I were to propose to you, that it is multifamily investing, then all other distractions need to be removed, except for one, your mainstream of income. Look at your mainstream of income, and thank it, bless it, grow it, and do nothing else. No other streams are necessary until that's a million-dollar stream.

“It starts with what you earn, the easiest money to get is the money you earn.” There is no easier money on the planet than money that you can bring in through your action in your business. The idea of your business is to reach out to other people who have money. If they're willing and able to pay you in your business, that means they have money, they accumulated it, and they probably want more of it. People who hand you money probably have more than they're giving you. "Usually, people don't give away their last dollar."

I'm in the business of paying attention and focusing on relationships If it's not a relationship with somebody who has money, access to money, or relationships who have money, it's a no, a simple no. You're going to be a more focused person. If it comes to washing the dishes say NO. If it comes to doing laundry, say NO. If comes to vacuuming your house, say NO. Start saying NO to absolutely everything in your life, except for this one thing, this does create a habit that's necessary.

Pick up after yourself. Don't make messes for yourself, keep your life super organized. So, you don't have to clean up as much. Control the people in your house leverage them.

This is how you build a business; you leverage your family; your family is on board with you. They are your partners. I don't care if they're 2 years old, or if they're 40 years old. They're your partner in this business. And if they don't pick up the slack, then the buck stops there. They can team up with you and they can make your life easier. Control comes from influence. It comes from suggestion; it comes from gaining compliance. It doesn't come from telling people what to do. It comes from being a decent human being, caring about them and saying, "Hey, look, I got the bigger picture here. In order for me to go get this thing done that I want to do; I'm going to have to focus on one thing. And for the next 12 months or six months, I'm not going to see a mess in this house. So, if you don't want it to be here, you're going to have to help me out."

“Never stop until you reach your goal, stay focused!”

There are times that you will be "almost there" but then you stop, take a rest, and then suddenly nothing got accomplished. You know that you were all into it, crushing it, all you needed was one more hour but you dropped off. That project, that deal, that lesson you're supposed to learn, that training and courses you paid for, that book you were supposed to read, were all turned into waste. And now six months later, you're feeling bad about it, feeling guilty about it, feeling like something is missing in your life. When you are making progress, Stay in it until completed.

On your list of wants, discard all other things and focus on one In order to focus, sometimes you have to make room for that one thing, sometimes you have to clear out the garbage. When I worked at Johnson and Johnson, I used to write a list of things I'm not going to get done. I used to call it my "shit, I'm not going to do list.” And that's how I got promoted because I focused on a priority. Multiple times everybody would give me a list of things to do.

Looking at it, I would cross off the stuff I wasn't going to do. And then I would just do the couple of things I knew my manager cared about and everybody else got pushed aside except for the person who controlled my race. Every 6 months when my contract came up, they brought me back on for more money. Not everything is created equally. Not all priorities are THE priority.

If it's not putting your name on deeds then it's not considered a priority. What you do at your job, you have to do it right. Deliver the best you can deliver while you're there. But while you're there, be thinking about your investment business. You've been doing your job long enough where you can make that money without thinking about it. Be talking about your investment business. Because no one will do it for you. Multi-family investing must be your big goal for financial freedom.

Money is a transaction of both time and energy. If you want more time and you want energy to spend that time, you're going to have to transact some money. If it's not in your hands yet, then I assure you, it's in somebody else's hands.

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https://3speak.tv/watch?v=gualteramarelo/mgsvoxgp
In this episode of the Alchemist Nation Real Estate Podcast, I talk to Misty Kosciusko who is a medical practitioner previously a chiropractor and I basically wanted to know what made Misty shift to where she is right now. She says that she is a certified functional medicine practitioner, she board-certified chiropractic physician and she is learning to be a clinical nutritionist. She explains the reason why she got into functional medicine was through her health struggles. She was in her own new horizon chiropractic and wellness in Rhode Island where she and Ken were going to know the events like crazy and get into the community, helping, and then all of a sudden, she had her first daughter and her health went downhill very fast and after having her second daughter she struggled to keep with her practice alive. She was in such horrible shape and when she went back to work after C-section like 4 - 6 weeks to keep the practice alive and she loves practicing where she has always had a big interest in natural health care for some of the stuff she has struggled with. She narrates how she lost her father when she was 14 years, so she watched what that health care model did in that setting, how it worked, and how they reacted to him as if it was lab work and numbers on a sheet vs a human being and looking at history. She says that it took them a while to find out what was really going on with her father and they found out 3 days before he passed away which was her initial reason for starting the journey.

I ask Misty what causes huge amounts of depression even though good things are coming. She says that is a multitude of things involved and this is something she had to teach her husband Ken because he has a back end of different health issues too. He has had a lot of car accidents, a lot of migraines and because of this she had to teach him that investments don't just go with money, they go with your own health and body. Like some of the stuff that I teach is all about health, wealth, and happiness as well, you have to put back in the health piggy bank and this is something that she teaches in functional medicine where you're investing in your body and future by doing things now. She has had patients with depression from mold toxicity in the house, it can be from trauma, it can be from health issues and usually, there is a multi-level and right now the answers for those issues are antidepressants, go exercise, do PT and it can also be from vitamin deficiencies.

I further ask Misty about the easiest ways one can recognize that things are not right and the mental symptoms are something physical. She says that one of them is habit change, where are you going with your day-to-day, how are you waking up, what are you eating, lack of joy within certain things, fatigue. It is important to understand that Chronic stress can happen over time wherein the burnout process and is very important for real estate investors where you're trying to get your business off the ground. This is something that she struggled with horribly, burnout, chronic stress, and adrenal issues for people that are trying to get a business going, do things the hard way, and kind of push through. The stress of trying to do everything yourself and trying to do it perfectly the way you think it should be not getting help until it is deemed perfect, so it is safe to move forward instead of taking in imperfect action throughout the way.

I also Misty where does she herself going in the next 3 years because corona has changed a lot of everything. She says that she sees a lot of emotional growth within the world in areas of contracture, a lot of scarcity being brought through, some of the psychology, and some areas of the brain that you operate out of fear. In her own opinion, she sees more scarcity in some areas but if you can lean into growth and creativity, you can get out of this in a collective better as a unit.

Misty offers 3 pieces of advice to 20-year-old Misty on how to create habits and have the information that can move her forward.

1. • Trust and love yourself
2. • Keep being you.
3. • Step out of toxic situations earlier, you deserve better.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Misty, visit https://drmisty.com/

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https://3speak.tv/watch?v=gualteramarelo/dhczrxyx
In this episode of the Alchemist Nation Real Estate Podcast, I talk to Sandhya Seshadri and her passion around why it doesn't make sense to take all the money from the investors upfront even though they put their money in then walk away and they're stuck in five years waiting for their return. Yet the other investor who raised their capital has actually gotten their money right upfront. I ask Sandhya what does it mean to an investor and why does she care so much where other syndicators don't seem to have that as an issue, in fact, it is very controversial in the community. She says that they are talking about acquisition fees, these are fees that are paid upfront to the sponsorship team as soon as the deal is closed. Before they start executing a business plan and returning money to investors, the acquisition fee has several parts to it where if a person acquires a property off-market and they have to pay a broker a fee, thats part of the acquisition fee. She says that she is OK with whatever that portion is but when the acquisition portion fee goes exclusively to the sponsors which are kind of 3% or 4%, kind of a number on a 50 million dollar deal. She knows for the fact the sponsors have no money left in the deal as investors themselves. A lot of them advertise that they're the sponsorship team have so much skin in the game. She always asks the sponsors how much skin in the game do they have after the acquisition and closing the deal when they begin to execute the business plan. Her rule is that the sponsorship team, every one of the sponsors still has the minimum investment of 50K, 75K whatever it is. The sponsorship team should have at least a minimum amount invested in the deal after closing. Let's say the deal goes poorly, badly for whatever reasons, it could be beyond their control as well as eviction moratorium where the passive investor is not the only one who should be sort of losing their money or at risk for the money, the risk should be shared as much as also with the sponsor too. If the sponsor is confident of the deal, let the sponsor put his/her money where the mouth is.

I ask Sandhya what brought her to the real estate industry and what was she doing before coming into real estate. She says that her academic background is Bachelor's and Master's in Electrical Engineering and also an MBA. She had a corporate career after which when she had children and family, the family became a bigger priority that is why she went to the stock market where she did well by luck. After that, she realized that she was paying more in taxes and knew that every rich person she knew had done something connected to real estate, so she wanted to get into it though single-family looked scary to her because she didn't like the idea of a second mortgage on a property and having to take care of tenants to screen them properly and to have to self manage. She just didn't see the margins to justify the amount she had to put into it. When a person told her multifamily and the fact that you can afford third party property management and to where she has her own time, looking at reports on a weekly basis, pay a lot of attention upfront at the beginning of the project, once it has stabilized it flows pretty well.

I further ask Sandhya what does she see happening in the Dallas market in terms of growth, is she still buying in there or she is considering investing elsewhere. She says that she is a huge Dallas fan and that is something that is not going to change for at least 5 years down the road. She sees everyone migrating there, she sees job growth, population growth and every report she reads is that Dallas is always among the top 10 if not the top 5 or your top market for multifamily. She sees the highways, she sees the new construction, she sees how much new expansion is happening, how traffic is more clogged than it used to be 5 years ago which is a sign of growth that even companies are relocating.

Going back to how Sandhya evaluates her deals, I wanted to know how she raises capital, is raising it as 506b or 506c or a private placement memorandum. She told me that she intends to do 506b and if anyone wants to invest with her, she has to have multiple conversations with them, making sure they are comfortable and understand the risks involved because every deal you invest in has the risks involved and you need to be sophisticated enough to understand the risk.

Sandhya offers 3 pieces of advice to 20-year-old Sandhya on how to improve her life

1. • Consider real estate sooner
2. • Diversify instead of being exclusively in the stock market.
3. • Get involved in real estate organizations to have the network and the connections

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Sandhya, visit https://multifamily4you.com/

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https://3speak.tv/watch?v=gualteramarelo/rzhbgfca
In this episode of the Alchemist Nation Real Estate Podcast, I talk to Alex who primarily focuses on digital real estate, focuses on advertising, and helps people build their real estate business. Alex explains the theory of how real estate can be digitalized where they came about a couple of vets himself inclusive, they came together and he had a digital mentor a long time ago. When he first got into business was the same time he got out of the army as a sultan franchise broker and over that learning curve, he learned through him because he was running an 8 million dollar a year digital company, doing training programs. They learned so quickly and over time they learned that when people build a website they think that's all, they have made it digitally but it doesn't actually work that way. He says that a lot of digital marketing tactics change but the basics and the concepts remain the same. If you have a digital asset, no matter what platforms come up, Facebook has been finicky as crap right now due to elections, purchasing any kind of ad space looks ridiculous. If you get called by marketing companies all the time, that tells you one key thing that everybody can do the same thing and it is not that hard. He says that his first big deal was when he made his first 100 dollar bet, he put 100 dollars advertising on Facebook when he met someone older than him that couldn't find a franchise investor that would invest in a multi-unit, multi-million dollar deal on Facebook. He closed a four-unit deal in Jacksonville and Saint Augustine Florida which was a shark tank brand at the time. They closed that entire deal for 100 dollar bet on Facebook ads where he was like he can do this.

Alex explains why digital real estate is important because no matter what platform picks it up, you creating content and linking it to a digital asset because you can put stuff on Facebook, you can spend money on it, you can build up that asset but what if it is gone overnight. Can you own it? Can you sell it? he asks and the answer is no because he later realized in business when he went back to school and started his company the same week he got out of the army. He says that he wasn't business savvy, he had just come back from his Afghanistan deployment, he was a little tweaky, he was tossed and he didn't know. Once he started learning, he realized that he was pretty much in a job where he took all the risk for and he couldn't control the digital marketing very well. He didn't have a hold to that because it was associations and all other things that were in place and if you can't control it, you just the rescue of exposures and he didn't know that till later on. The digital asset piece from him and his mentor that they were talking about are that they found that Small and Mid-sized business owners don't know how to do a competitive analysis online.

I ask Alex how can prompt a motivated seller get to click on our website, give us the information, or provide the address for the house they're selling. He says that I did bring up a good topic where they spend hours on other masterminds and pay thousands to be in mastermind groups with other marketers. He says that there is an authoritative piece of real estate right now that are for sale. They have X amount of traffic, it has revenue connected, it has a multiplier, it is an investment. Now you have to figure out how to make revenue off that. Now you must have an engineer or tech person at your hip. His biggest advice is to find an engineer, a techie, and pull them close.

Alex offers 3 pieces of advice to 20-year-old Alex on how to be successful with digital assets.

1. • Pull an engineer, Pull someone who knows the tech world.
2. • Create or own or purchase digital pieces of real estate.
3. • Understand that advertising is all set in a series of bid systems.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Alex, visit https://proreachresults.com/

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https://3speak.tv/watch?v=gualteramarelo/hljemzwy
In this episode of the Alchemist Nation Real Estate Podcast, I talk to Paul Rossano with whom a share a coach. I asked him why is such an amazing person to be hosted on the podcast. He says that he is blessed as well to be working with an incredibly brilliant gentleman by the names of George Anton and he has been working with George for the last 6 years. He says that essentially George is teaching the secret sauce and that's the best way he can describe it. So many people bounce all over the place, trying to figure out the highest leveraged moves to build their wealth yet at the end of the day everybody wants to build their wealth as efficiently as possible with the least amount of risk and in the most efficient and fastest ways possible. Basically, George and he are teaching that topic called Hacking Finance.

On behalf of the Alchemist Nation Real Estate Podcast audience, I asked Paul what is hacking finance. He says that in a nutshell hacking finance is essentially leveraging the financial system to work for you instead of working against you. He also says that for those who don't know, the financial system is completely rigged and it is designed to work against all of us. It is designed to work for the system and against us as consumers, as investors, as producers. So very powerful forces like inflation, interest, taxes, something called float where you keep your money while holding it. He further states that all these forces are designed to work against all of us which basically makes it the reality of it that most people are swimming upstream financially. Even if you're investing and generating a positive ROI, we're all streaming upstream financially because these forces are working against us, so hacking finance is teaching everybody who wants to learn this, how to have these forces work for you. Building your wealth for you on autopilot, so literally goes from streaming upstream financially to streaming downstream financially.

He narrates that when his partner George was working for Intuit, a financial software as a developer, he discovered a secret formula which is a break-even formula and this formula basically shows what happens when you factor in inflation and taxes to what does to your ability to move forward financially even if you're generating a positive return on investment. He states that the impact of inflation is enormous and when you have that working for you, there are several ways you can have it work for you but long-term fix rate debt when you're encumbering assets that are appreciating. That break-even formula shows that if you own something free and clear like real estate even when it goes up, even when you want to sell it and have that money in the bank account, you're paying taxes. The impact of inflation on the dollars, you're literally losing money even when the value of the asset goes up over time when you do eventually sell it. So for long term fixed rate debt, now it is the time to get it and secure it for 30 years as long as you're encumbering assets, you're going to hold for an extended period of time and the value of those assets is going to go up over time, then you're doing yourself a favor by getting that long term fixed-rate debt at such low rates right now.

I ask Paul how he got into real estate in the first place. He says that he graduated from college with a finance degree where he had no idea of what he wanted to do with his life even though he never wanted to do a 9 -5 job, he knew that he didn't want to go to the corporate world. Six months after graduating from college, He met a mentor who got him into real estate and that was 1999 where he met a young successful real estate investor who owned a brokerage at the time. From there he started working full time in the real estate industry when he was 21 years old. He also says that he is the same person that got him into all personal development stuff like Tony Robbins, T. Harv Eker, and a whole bunch of non-stop just feeding his brain and mind with much knowledge and information, so that how he got into real estate at 21 years of age.

Paul offers 3 pieces of advice to 20-year-old Paul on how to be financially free and wealthy.

1. • Focus on stability first.
2. • Understand how the financial system works.
3. • Continue working on yourself and surround yourself with people that inspire you.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Paul, visit http://paulrossano.com/

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https://3speak.tv/watch?v=gualteramarelo/kyjdzuhf
I had a call with Nizan who is a true professional and genuine influence in the Abundance mindset.

He grew up in New York and spent time living in Israel and Germany as well as traveling all over the world before finally landing in Florida where he invests in the southeastern states of the country. Nizan briefly talks about his company called traveling investor which is a mentoring coaching company where he coaches and mentors people on how to become successful, mindset on using imagination for manifestation. He mentors people through commercial real estate, single-family real estate acquisition, fixes and flips, raising capital, and all stuff related to real estate.

I ask Nizan how he got into real estate in the first place. He says he has a great story behind this and when growing up their father told him and his brothers that the richest person in the world is that person who owns a piece of land free and clear. His father said that there are many opportunities that come with this free piece of land like mortgaging it, renting it out, building on it, and this one thing that will always appreciate no matter what. They were brought up with this kind of mentality and their father always told them that there are two kinds of people in this world i.e those that collect rent and those that pay rent. He says that real estate was in the background while doing a lot of other things.

I also ask Nizan where is he investing right now. He says that they are now investing in the southeast quadrant of the US for multi-family apartment complexes i.e northern Florida all the way up to Virginia, touching on Alabama as well. Unfortunately with COVID-19, they have to go after sellers that are willing to give them a discount or give them an extended closing date so that they can get out of this COVID-19 situation where they don't have to come up with 6, 12, 18 months of reserve which basically kills the numbers.

I further ask Nizan how is he financing the deals interest rate wise since COVID-19 has slowed down some of the deals and what kind of typical product is he going in with is it hedge fund money or commercial banks when financing these large deals. He says that they use Fannie Mae and Freddie Mac and they're direct to a few of the lenders like Arbor, Meridian, Reay Capital who are directly connected to Fannie and Freddie, meaning that they don't have to go through a mortgage broker to find them. He says that it is extremely nice because they will get the 1% debt placement fee that would have gone to the broker but comes to him and his team and they will have to split that.

I finally ask Nizan if he does in house property management or he outsources a lot of property management. He says that some of them are in-house because they have their own property management company called Jade property management where he and his partner manage their 3 assets in Georgia and the rest they outsource. Nizan gives the reason as to why they decided to go to the in-house for property management in Georgia which is that they struggled with property management companies over there. The first company was charging them as if they had 300 property units, the next company didn't know what they were doing and put them in debt, and finally, they decided to go in-house for Georgia.

Nizan offers 3 pieces of advice to 20-year-old Nizan on how to get started.

1. • You don't have to go to college to succeed.
2. • Figure out a way to create a passive income stream so that you start it once and it will feed you for the rest of your life and will have an appreciation as well.
3. • Find somebody who has what you want, do what they did and you'll get what they got.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Nizan, email: success@traveling-investor.com

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https://3speak.tv/watch?v=gualteramarelo/abhmzkdl
In this episode of the Alchemist Nation Real Estate Podcast, I talk with one of the people I consider the nicest guy in real estate syndication. Before I dive into the podcast, I want to know how Dustin knew one of our celebrity coaches for our mentorship Mitch Jaworski. He says that they met at Rod Khleif's conference in 2018. I tell him that Rod Khleif is a big syndication guy, does a lot of training, and I actually find the networking at those events better than the training themselves. One thing Dustin enjoys about Rod Khleif's training is the goal-setting at the beginning which he sees through one of those.

I ask Dustin how he got into real estate in the first place going back further. He says that when he was a kid, he would ride his bike around town and look at the big buildings and he kept wondering who owns these big buildings. He recalls a time when he played soccer with a kid whose parents owned these big buildings where they actually owned a skyscraper in downtown Fort Worth which is Malik towers. So he played soccer with this kid, getting to know the kid, going to their house, and attend his birthday party, kind of set the foundation that is Why Not Me. The thought process started right from there then after college, he started getting into flips and rentals. He had a few different coaches and mentors for that though he had the vision of going larger. While he was doing single family, he recalls meeting one guy, a super nice guy who was the first person that he met that owned more than a duplex or fourplex, he owned 22 units in Lawton, Oklahoma, and Dustin was blown away because at the time in 2008/2009 he hadn't met anyone that owned such properties. He tracked this guy down and they had lunch, then he went to some other events and met people that owned 50 units, 100 units, 200 units and he ended up having lunch with a guy that owned 10,000 units. After all these series of events, he was like these are normal people and he asked himself why can't he.

Related to the above, I further ask Dustin what made him think that real estate was the right avenue. He says that he invested passively in his first deal was a multifamily deal that was 76 units where he was a key principle in that deal with a buddy of his. Once he walked through that process with him, the due diligence with him, and all that stuff. He says that he was a super sharp and nice guy and once Dustin saw that he could do it and one thing that he is attracted to with real estate is that it is not all about working smart but he really likes it when you can apply a lot of effort and really see big results. Going through the process of the 76 units deal, he was like he can do this and he is going to this. From that point, he hired a coach and started from there.

I tell him that real estate for him is a source of income, it is not his only source of income but holding on to his job has been kind of a way to make sure that real estate is stable for him. He sold 6 of his 10 properties and the feeling of being down to 4 is frustrating, the cash flow goes away. I tell him a little story that dates back 2 years ago where I had 42 units, all personally owned that I sold down to 14 units and I and my business partner were like this doesn't feel right. So we literally exploded in the last 12 months and we're up to 62 units and he and I are at a point of like let's sell some of this. Maybe we will sell down to 40 or 30 units but the windfall makes it worth it as he stated it even though you're paying a lot of taxes. That windfall at a time like this, I'm very sure he was happy with what he saved and put aside because it gives you the ability to buy more.

I further ask Dustin where does he see himself in the next five years. He says that they're going to be really scaling up on the multifamily side, they really have a good team, they put out a lot of webinars in a bid to educate past investors, also try to branch out and give out through charity.

Dustin offers 3 pieces of advice to 20-year-old Dustin that would possibly change his life and give everything he has now a little faster.

1. • Buy real estate
2. • Partner or Hire a coach as quickly as possible.
3. • Self-care and working out, that's what keeps you on top of your game.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Dustin, visit https://www.momentummultifamily.com/ or email dustin@momentummultifamily.com

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https://3speak.tv/watch?v=gualteramarelo/ipxvfkte
In this Alchemist Nation Real Estate Podcast/Interview, Damion Lupo explains what EQRP stands for and what it does. He says that EQRP is the Enhanced Qualified Retirement Plan and is a type of retirement plan, tax shelter under the 401 section of the tax code that they built where it basically gives an individual or small business with employees options to be able to invest in primarily with their retirement money.

I ask Damion if the stock market for real estate will crash because what we saw in February was an idea of what was going to happen and we got another idea coming because the stock market is more volatile. He says the banking system/the federal reserve is a money cartel, a criminal organization of people running the bank and if you want to understand it, read a book, The Creature of Jekyll Island by G. Edward Griffin, it's a pre-eminent book on the Federal Reserve and how the banking system works and that entire system works so long as it keeps expanding. People in power and politicians say go and spend, even George Bush after 9/11, said go and spend because if we don't spend, we don't increase the monetary supply. People in power need us to be enslaved in debt. The reason why he lost 20 million dollars in 2008 beside his ego was that he wasn't patient enough where he sold a bunch of stuff in 2004 and 2005 which a lot of people have done in the last couple of years. They made a ton of money in multifamily or different real estate, now they think too smart. He was like no, they have the luckiest timing, they took action, a good job which he did too but instead of him taking a vacation and watching the thing settle, he went in and got himself killed. That's what he sees people doing now, they're investing with emotion and frenzy, not with fundamentals that don't end well.

I further ask Damion what is the safest bet investors should be making right now to stack their money and prepare themselves for the future. He says that EQRP is going to be useful to get your money out of wall street jail, a retirement jail where you don't have control over 401K and IRA. You can pick mutual funds that's what he calls not doing something, but that's what he calls being on a roller coaster inside the jail. Right now there is a way to get out of retirement even if you're still working to the end of December, one of the government's program they did in March called the CARES Act. Most people's liquidity and future survival depend on that account called the 401K and there is a book called Who Stole My Pension, coauthored by Kiyosaki and if you think you're a firefighter or police officer and you have worked for the government thinking that your pension is going to be OK, wake up your pension is tossed. He further says that what people should do right now is to invest in their own personal development because when things are changing, you are not going to rise to the occasion but to the level of your training of how to manage yourself, how to be calm. People always ask him what is the best investment they can make and replies to them saying it is You where he tells them to go hire a mentor, go hire someone bold like them.

Damion offers 3 pieces of advice to 20 years old Damion to be successful in this economy.

1. • Go there and fail as fast as you can and do it often.
2. • Stop focusing on the money, focus on the impact.
3. • Learn as fast as you can by doing it.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Damion, Text EQRP to 7200

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https://3speak.tv/watch?v=gualteramarelo/wnayhhkr
In this Alchemist Nation Real Estate Podcast, I talked to Kenny Wolfe who is a senior syndicator working on tons of projects, who recently bought a Rockefeller building in Cleveland, taken out 2 deals of 100 plus units. He commends me for having him on the Alchemist Nation Podcast and he says that in 2020 they have been busy and it has been pretty good for them where they have bought 42 million of multi-family assets this year and another 25 million under the pipeline either by contract or close to it. They just launched their commercial real estate fund, their third one so as they can triple net stuff as well.

I ask Kenny how did he get into real estate in the first place. He says that he graduated from Baylor, University got an oil and gas job in the accounting field as, entry-level accountant where he quickly worked his way up the organization. He was CFO [Chief Finance Officer] at 28 years at a spin-off company. They had one client called Chesapeake energy, the first time they went bankrupt was 3 years into their 5 year contract with them, and he and his wife decided that they should find something else because his Dad was in oil and gas, same with his grandfather. So he reached out to a family friend and told him to go to a two-day real estate seminar. On the first day, they talked about single family investing and so he and his wife were so excited that night. Their goal was to buy 10 single-family homes in Dallas, Fort Worth and they were super pumped. On the second day, they talk about multi-family, and to him, a Light bulb went off and to them, they were like, forget about single-family altogether. They had the means to jump into multi-family. They did two passive investments to learn the ropes, one fixer-upper, one yield play, then the third year, they did their own syndication of 76 units. This all happened in the last 10 years, meaning that they started in 2010.

Kenny talks about the Rockefekker building he recently bought in Cleveland. He says that it was built in 1905 which was always been an office building and 50% unoccupied today. They are going to convert the vast majority of A-class downtown and one of the cooler things is that after they put the deal under contract, Jordan Williams announced their brand new headquarters going literally across the street into massive parking lots.

I further ask Kenny what he thinks about DFW and Tampa in terms of real estate investing. He says that would pick DFW first and he thinks DFW is fine and is a great market. They just bought an a-class deal there in June like 200 yards from the lake, a very beautiful asset. Right now the play in DFW is either one of two things, either you're building brand new because you're getting a slightly higher basis but you get a brand new product or they have seen some of these a-class deals workout because the interest rates are so low and if you're able to structure your debt the right way, get a little bit leveraged, a higher leveraged like the last one they did, they got 84% leverage on A-class deal. For Tampa, he went there probably 5 years ago to check it out and it was just as hot as Dallas. He says that the demographics are awesome, you're protected from the hurricanes for the most part. It is a great place to be and it has some competition but there is competition everywhere except for them in Cleveland.

I also ask him where the economy is going in the next 5 years in terms of multifamily, does he think we are going towards more affordable housing or luxury is going to hold its ground. What is the right structure to be in the next 5 years? He says that hard assets, inflation is going to be insane because they have already pumped in about twice for what they did for 2008/2009 into the economy and it sounds like everybody is on board for doubling it. Your dollar is going to be a lot less further, so rents are going to go up, valuations are going to pop. So he always tells folks to buy hard assets because they're going to do very well in his opinion over the next 5 years. He also says that multifamily is the best hard asset to buy, not because he is biased but you can buy a big enough building, rents are going to keep going up, obviously expenses too. They are no longer building B and C buildings because you can't afford to build that cheap. Then the caveat is the only way the affordable play is a big piece is if you're in California, New York, Massachusetts because places like that lean that way.

Kenny offers 3 pieces of advice to 20-year-old Kenny on how to build his empire faster, be happier, and live a little better.

1. • Go bigger, Go home
2. • Make sure whatever real estate you're getting into is scalable.
3. • Don't limit yourself on belief.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Kenny, visit http://wolfe-investments.com

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https://3speak.tv/watch?v=gualteramarelo/wkslnqqw
In this Alchemist Nation Real Estate Podcast, I talk with Lilly Wang who is a meta physicist and quantum physicist and I ideally want to know what drove her to become a coach, and what made her say this is something she wanted to do. She appreciates me for having her on the podcast and she says that she got into coaching pretty earlier where she has always been in the mentorship, consulting, coaching capacity. As I know and for the Alchemist Nation Podcast listeners, she has worked abroad and internationally, so it has been something she has been drawn to doing. She further talks about the things she did abroad where she worked in Cambodia where the Cambodian government was her client at the time. They were looking at how they could fix the situation so that more women could access the education they need. They were like how could they help especially women in the rural climate and landscape so that they could get the economic, educational health care tools they need to live better lives.

I ask Lilly what made her pull out of the medical industry and go back to her natural self. She says that she decided to do a master's degree in medicine because she is a former consultant in Cambodia, Nepal, Switzerland at the world health organization, she felt her impact as one person in the rural rice paddies of Cambodia where she felt like she did a great job though it wasn't that sufficient. This is going to resonate with your listeners and viewers if you ever have that calling to do more and when you're a great person, everything you're doing is great but it is not sufficient and you want to do more. She had that pull since she was young and it so happens that a lot of her consulting was in the health care developments, human rights background.

I further ask Lilly if she is encouraging people to go and get a corporate job and work that corporate job because it will benefit them structure-wise in the way that they can learn things and see how systems are put in place since it has had an effect on her and improved her down the road. She says that people must appreciate not having the corporate job and her answer would be to let us not conform. The popular discourse right now on social media platforms like Facebook, Linkedin, and Instagram is don't go to school and the entrepreneur is the winner but that is a switch paradigm, all that is another way of conforming versus what was conformity for 40 50 years which was go to school, get a college degree, get a job and be set. So to specifically answer my question, she thinks that there are huge benefits to working for somebody else, not only can you initially get to work but also trains your responsibility. The number of times she has heard entrepreneurs struggle to wake up in the morning, to get up when rejected is unparalleled, and for them in her province, Alberta, Canada, they have 14 years as the minimum working age. She says she worked at McDonald's, Burger King, The Gap and these are not high ranking jobs to put on her resume. She further says that you must have these experiences where you're not the winner yet but a winner inside with an added benefit of being an observer to your boss, manager supervisor on how they are running things.

Lilly talks about her mission in the next 3 -5 years and what she looks to accomplish. She says her mission is to help as many people as possible to really unlock their potential. Most people want something, they just stopped believing that they should go for it which is the same mission of getting to know as many people and helping them towards where they want to go.

I ask Lilly why is she teaching people now how to make money since she was in health and human rights fields that weren't monetary. She says that money is like anything else, it is a form of energy and there was a time she worked in Nepal though the project wasn't high on the money. However, if anybody has been to the industries she has mentioned, she got the success that she traded in her energy and authenticity and to her commitment to anything she did, she always did it with integrity and commitment, she got success to it. This is exactly the same thing with money, what people don't yet understand and should start understanding this when they work together is, when you clear on your integrity, how do you commit to growing your business which is the trade for the other thing which is money.

Lilly offers 3 pieces of advice to 20-year-old Lilly on how to be successful.

1. • Forget about the haters, you're a kind person, keep effing and going, their life is up to them.
2. • Find mentors and coaches.
3. • Everybody gets challenges, so create that structure and system of getting over the hurdles quicker.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Lilly, visit https://www.thelillywang.com/welcome

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https://3speak.tv/watch?v=gualteramarelo/zxhvtefs
In this Alchemist Nation Real Estate Podcast/Interview with Fred Posimo, he talks about how he got into real estate in the first place, the beautiful asset class. He says that his story dates back to when he was 7 years old and when he was 7 years old, he started taking martial arts lessons, so he was taking Karate as a kid and so he loved it. The older he grew, then he realized that Karate classes, or at least the school he was at were more personal development classes or training where the brain shrouded inside kicks and punches. When he figured that out, he was like he was really learning personal development, self-improvement and entrepreneurship though not so much entrepreneurship but more personal growth and stuff like that and the more he got older that led him to entrepreneurship. Personal development led him to entrepreneurship and when he was 17 he took a class entitled entrepreneurship and at that time he didn't know what the word entrepreneurship meant. He remembers his teacher writing down real estate investing on the board, and he said to himself that was genius, that he needed to do that. He read Rich Dad Poor Dad which basically validated his opinion of real estate and he was like I have to do that. He joined basically a school of real estate investing school in the community where he grew himself from there and become an asset, just went up there.

I ask Fred what is the biggest thing that holds people back due to the school system and what are the biggest flaws in the school system. He says that a lot of people look at the school system and think like him and I think that there tons of problems with the school system. In his opinion, he says that there are only 3 problems with the entire school system. 1) the skills we're being taught, we are taught things that can't produce income, wealthy income as I say, or things that are really used in everyday life. If we can spend less time reading Shakespeare and reading more mortgage documents, who knows where we would be. 2) The methodology through which we're being taught and he mentioned earlier being a Karate Instructor, another thing that happens with kinesthetic learning, learning through motion is that we remember more. The lowest level of retention is listening to lectures and reading books. 3) The third problem is for colleges which is just the financial sabotage that we have going on where the cost of a college education is astronomical and it is the worst possible debt. College loan debt is the only form of debt in America that is non-bankruptable. You can't declare bankruptcy on a student loan, you can go bankrupt and still owe that money to the school because the government wants to keep us in debt.

He says that morning routines are big buzz is like the big buzz in the entrepreneurship world and any Youtuber that gets any credibility creates a morning routine video and he tried them all and read multiple books and all he has to do is to wake up at 4:45 am, go to the gym for 6 hours, read two and a half books and do yoga exercise for 3 days. It is the most ridiculous things you come up and this is where he asks himself the same question as I did. How am I supposed to create a life of freedom? Which is something we're all striving towards with entrepreneurship. When he creates this massive structure in his day that from 8 am - 8:10 am, he supposed to eating eggs, from 8:10 am to 8:15 am, he supposed to be reading 4 pages of a certain book. It doesn't make sense doing it that way and what he realized is that nothing matters with your morning routine, what matters is what you do when you wake up. His morning routine is pretty simple and straight forward which wake up, shower, eat breakfast.

I further ask Fred, apart from the fulfillment of helping people, what is that unique and fun thing that makes him money. He says that it is a very interesting question and he is thinking of so many answers but to rephrase my question a little differently if I ask him that if he could only do one thing for the rest of his life and he can make any money with it, and that could be public speaking. He thinks that's the Why behind that Why is that he loves to see people change and he realizes that what is doing is a win-win even though it sounds like it has a selfish spin on it where he loves the fact that he can be somebody else's catalyst moment.

Fred offers 3 pieces of advice to 20-year-old Fred on how to change his life faster, be productive, find wealth, and happiness.

1. • Build your credit faster
2. • Invest in yourself because those who invest most in themselves will have the most invested back to them
3. • Look at what you're already doing, and do more of that.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Fred, text 215-596-1515

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https://3speak.tv/watch?v=gualteramarelo/qgftfjdq
In this special edition of the Alchemist Nation Real Estate Podcast, we have a couple of millionaire coaches, each one with his/her specialized arena.

Dug McGuirk - A trained public speaker who trains public speakers, is a coach, and builds coaching programs. He is the author of Under Construction: Navigating the Detours on the Road to Recovery.

Mitch Jaworski - Used to be a day trader in the stock market, now a crypto master, a real estate investor, and the author of Scaredy-Cat Guide to Real Estate Investing

Ryan Mcdermott - A financial advisor and a real estate investor.

Darina Pogodina - She working on building 100 millionaires with me

Ron Bowling - He is my business partner, multi-millionaire, and runs 3 business which I'm a part of. I get to be the pretty face while for him he is the backbone that cracks the whip on all of our wonderful associates, employees, and Partners.

Gualter: Ryan what arenas would cause some volatility and some runs?

Ryan: I think the two elephants in the rooms are the outcome of the US presidential election and where Covid-19 is going. Those seem to be the two things on people's minds every single day and even if we don't want them on our minds, they're out in our minds by social media. I won't pick a candidate for this election but if the candidate is picked on the night of the election, then it is going to help things. If it is a debatable outcome or results, then we'll see some crazy volatility.

Gualter: Mitch Jaworski, you are kind of a day trader, or at least you're in the past day trading. Do you think there is an opportunity made during a presidential election?

Mitch: I don't want to rule against the crowd but I'm kind of hoping for all those things Ryan is saying we don't want because I'm short hell out of the market right now and every time Pelosi opens her mouth hey we're making progress on stimulus, the market just makes a magical U-turn and goes up and I say that was my trade again. I actually don't mind if there is going to be indecision with the elections because, in the end, I don't care who wins but as Ryan said lack of decision will create a lot of volatility over a couple of weeks if the results are being challenged or whatever it is. I'm in a win-win scenario if it happens then sweet my shorts make the money and if it doesn't all is good and my real estate doesn't come crashing down and my IRA is still sitting pretty. In the short, term that's what I call being hedged.

Gualter: What do you think Mike Schein?

Mike: I wholeheartedly agree with Ryan. I think I learned from the book I was reading Reset Your Life: Make a New Start by Joseph W. Walker, III. which talks about the distinction between volatility and risk. Yes, the stock market goes up and down. If you look at it on a daily, you can get a lot of grey hairs but in the long term, it is a better risk than keeping your money in cash which just disappears because of inflation. So stay in the market, be prepared for ups and downs, and if you're not prepared to do that way, send your money to Ryan to build for you that Portfolio.

Gualter: If you had $10,000 and you were starting from a $40k-$50k per year job. What would you do to invest the money?

Mitch: I would buy a rental property and hands down, it would be the best investment in the next 40-50 years. Then after that, I would start diversifying but if I'm going to the head what am I doing with the 10K. I'm probably putting it in a mixture of crypto, stocks, and precious metals.

Dug: I would get some gold, start seeing what is going on with the tech stocks, I might like knowing my niche, musical instruments, and I might do it for fun like for $2500 because I used to flip cars and guitars.

Ryan: I'm investing in my business and myself and I think that would be a fair investment, invest and build up your biggest source of income.

Mike: Spend it on the Gualter Amarelo training program and some generator coaching programs. I'm a huge fan of Cathie Wood, ark investments, she has five different ETFs and I would put $2K in each one of those, disrupt her, then leave Cathie to do the magic.

Terry Wager: I've already been in that situation and I started generator coaching from a business that lost its money when we went to Obamacare. Now from the years, I have learned what I have been doing and how I'm doing it, I would spend that money on stages [Pay to Play] because I can take my information and all we've talking about is very good to earn money in passive income but the information is more of an active income if you know how to use it.

Generally, the answers to the big question were:

-Buy an owner-occupied House Hack

-Invest In Marketing Or Building A Business

-CryptoCurrency

-Trade Forex Options

-Get A Business Coach

What Would YOU do with $10,000 to invest right now! Leave your thoughts in the comment box below!

Learn more about our online events and learn how to build wealth faster through Real Estate, visit http://gualteramarelo.com/

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https://3speak.tv/watch?v=gualteramarelo/fdbdnrhv
In this Alchemist Nation Real Estate Podcast with Hoan Thai of Hoans Loans where he talks about how he got into real estate, how did he decide that he wanted the loans but does he also invest in himself on the side? He says that definitely investing is his main business and when he became a better investor, people started reaching out to him and wanted to be an investor like him. So he would help people in real estate investing informally and then he was like let me do it formally which he does right now. He formally helps people become real estate investors where he has educational programs that show them step by step how to become a real real estate investor. When he says real, there are people who bought a house and then decided to move out of it by renting that house they bought and just stumbled upon becoming a landlord. They're not technically and intentionally a landlord and what he does, he shows people how to buy properties intentionally, how to analyze the property, how to look to your cash on cash returns, how to look at the ROI, determine whether you're underpaying or overpaying and all that kind of stuff related to real estate investing. He became an educator after becoming an actual investor himself and he became an investor through Rich Dad Poor Dad and it did it for him by learning about passive income and being able to acquire assets that pay for his liabilities which is the formula and the beauty of real estate there is a structure, there is a formula.

I ask Hoan how many units does he look up to and how does his portfolio look like. He says that his portfolio is mainly single-family and small multifamily. He actually started his career with a 6 unit apartment building and he was like hey Hoan do you want to buy this and he was like don't people usually start with a smaller property though the cool part of it, he had gone to a seminar and that's how he learned how to become a real estate investor. For two years after reading Rich Dad Poor Dad, real estate didn't work out for him where he used to call real estate agents for good deals they didn't have and the other problem was he didn't know what a good deal was. By chance, he met an investor who was teaching at a seminar and he told Hoan that he had a seminar coming up and advised Hoan to attend. He was like he will be there because he had nothing to lose since he wasn't moving ahead and if the investor had this one nugget that would move him forward, then it is worth it. The seminar, fortunately, gave him all the nuggets to move forward, everything to move forward, the investor gave him the resources and is the one that gave him the first deal.

I further ask Hoan if he sees himself 5 - 10 years from now, what impact does he see leaving behind. He says that it is more of what is doing apparently where he actually teaches for fun a bit because there is a lot of stuff he does for free and it is not about money but if somebody wants a formal process, then there are things they can buy. He also says that he helps a lot of people and the legacy that he is leaving behind is already seeing it and he is forever grateful for showing them what real estate actually is and you don't have to love it and it is OK to do it for the money. He says that he actually makes things OK meaning that he gives people permission because nobody has. This idea of escaping 9 - 5 most of your friends, co-workers, families would think you're crazy and he would say if you are set up then it is ok though he doesn't want you to be irresponsible and just quit with no income stream. If you have skills and you have actual proof of creating money outside your job then it is ok to leave your job.

I also ask Hoan what is the most difficult thing doing real estate with your spouse since she's an agent and also real estate investing in general. He says that If you don't see eye to eye, it follows you to lunch, to bed, in the morning and it even follows you 5 years later. Being in business with your spouse meaning you're business partners not agreeing on certain things through the beauty of his wife being his business partner is they get fair share equity in a deal, it is 100% both of them. You can also fight for the smallest things like when they had to make a window smaller or put a window and the argument lasted for hours.

Hoan offers 3 pieces of advice to younger 20-year-old Hoan on how to be successful and happy.

1. • Treat everyone as if they were the ones to rescue you when you had fallen into a ditch or well and be kind.
2. • Fire, Aim, Ready.
3. • Be Authentic.

To learn more check out the blog and podcasts at http://www.GualterAmarelo.com

To register for our Saturday live webinar to start your wealth journey, visit http://www.gualteramarelo.com/Live

To get in touch with Hoan visit: https://truthaboutrei.com/ or email: hoan@hoansloans.com

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https://3speak.tv/watch?v=gualteramarelo/ytofkltr
Every Wonder Why Successful People Seem So Focused?

It's because we all have a simple rule for investing our time and money. We only invest in 1 thing and say no to everything else. I see too many people thinking they can be successful by starting multiple businesses and projects at the same time. There is no such thing as multi-tasking and if you are multitasking your success path you will suffer.

How It Works

-Write down a list of all the tasks you do on a daily basis.

-List the top priorities that you know you would lose your job or business if you didn't do.

-Find or build a system to replace yourself on the highest priority task

-Cross out all of the other less important tasks

-Embrace this new free time to build better relationships to increase your income

Why It Works

By eliminating all of the small repetitive tasks you are going to make more time for the highest level priority. This High-Priority task is usually building a relationship with someone who has what you aspire to have one day.

Everything you desire is currently in the hands of other people. Fortunately people are never satisfied with the things they have for very long and are soon looking for something better and willing to exchange with you for something new.

Are You Ready To Do What It Takes to Become A Millionaire?

I offer a free weekly training based on the 52 wealth principles I used to become a millionaire and then multi-millionaire. I deliever one of the principles each week for free on Saturday mornings at 10am EST every week.

I do my best to get them uploaded here as often as I think of it, and if you want to join me live to ask questions after the call, you can register here at: www.iBuildMillionaires.com

Cheers To Your Success!