BTM183: How Roth IRA’s Double Your Real Estate Income with Carl Fischer
From launching rockets to lending on real estate deals, today’s guest, Carl Fischer is a 3rd generation real estate developer. Carl has been able to increase his net worth twice as fast without any more effort by utilizing self directed 401k and IRA tools.
If tax free sounds too good to be true, just wait. On today’s episode we dive into exactly why a Roth IRA is an excellent tool for earning tax-free income for life. We’ll also show you how to earn lasting income for your children and grandchildren through legacy building. Lastly, Carl has made it easier than ever (and free) to open up one of these powerful accounts.
Key Points From This Episode:
- The difference between traditional, self directed and Roth IRA’s… and which one allows for real estate investing
- Is tax free income a scam?
- tax avoidance vs. tax evasion
- What type of qualified plan you should have
- A breakdown of 401ks, HSA’s, 403B’s custodial and SEP accounts
Links Mentioned in Today’s Episode:
Recommended Book:
Think & Grow Rich by Napoleon Hill
Keep it by Joe Luby III
Lifestyle Design App:
Amazon App
BTM167: The 5 Step Formula for Finding Money Partners in a Virtual World with Dave Dubeau
Today’s guest, Dave Dubeau, like many investors used traditional financing to acquire his first few deals. Like many investors, before he could get the ball rolling, the banks cut him off.
On today’s episode, we discuss Dave’s plunge into finding money for his deals and how he’s been able to create a systematic approach to it over the years. This approach is what he attributes to raising millions of dollars over the years and how he’s been able to scale his portfolio and business to suit he desired lifestyle.
Key Points From This Episode:
- Why it’s important to build personal relationships
- Actual scripts to contact your potential investors
- How to raise money without being salesy
- Tips for online meetings and presentations to potential partners
- How to actually ask for the money
- Why create an email warm up campaign for prospects
- The importance of gift giving in business
- Ideas for becoming an authority online
- How to grow your business through referrals
- Why you shouldn’t ‘pay’ for referrals
- Creating competition around your deals
Links Mentioned in Today’s Episode:
Recommended Book:
The Ultimate Sales Machine by Chet Holmes
Listen to these books for free with Audible!
Lifestyle Design App:
Best of 96: Lifestyle Notary Masterclass – The 6 Figure Side Business With Andre Hatchet
Andre is a nationally acclaimed entrepreneur and philanthropist.
Judy Lichtenberger quit her full time job in record timing.
They both control their time, schedule and paycheck..
What else do both of today’s guest have in common?
For one, they can get paid $75-$200 per appointment (sometimes more)
They can take a whole week off or work 7 days straight
They can get paid to build key relationships in Real Estate
On today’s episode, we’ve stumbled upon a niche in real estate that help you make some extra cash on the side. It takes practically no start-up cost (less than $500) and a few weeks max to be up and running.
Key Points From This Episode:
- How to become a Notary Public
- What a Loan Signing Agent is and how this differs from a Notary
- Why Loan Signing Agents get paid $75-$200 per appointment
- Out of the box business for less than five hundred dollars
- Why Andre started a loan signing service to get you signings
- How Andre uses his prior knowledge in business to build his next
Become a Notary/Loan Signing Agent Today —–>
<—— Become a Notary/Loan Signing Agent Today
Links Mentioned in Today’s Episode:
Before the Millions Book:
The Wealth Choice by Dennis Kimbro
Listen to this books for free!
Lifestyle Design App: Fiverr
BTM156: Mortgage Rates – How It Really Works (Post COVID-19) with Aaron Chapman
A veteran with over 20 years of experience working in the finance industry, Aaron Chapman, today’s guest shares his keen insights on financial markets with us today.
As a loan originator having closed over 3,000 transactions in the past 4 years, his company ranks #14 and an industry of over 300,000 lenders. With that kind of expertise and pulse on financial markets, we are able to take a deep dive into the future of interest rates on mortgages and how real estate investors should think about financing after the coronavirus pandemic.
Links Mentioned in Today’s Episode:
Recommended Book:
The Master Key System by Charles Haanel
Outwitting the Devil by Napoleon Hill
BTM154: Q&A with Daray – Affiliate Income, Stimulus Checks, Stuck Overseas, Market Predictions & More
After Live Q&A’s on a few social media channels such as Facebook and Instagram, I decided to pop open a bottle of wine and answer some of your most pressing questions about real estate and business here in 2020.
We covered many topics such as extra income sources during these uncertain times, government relief programs, virtual wholesaling, 2020 market predictions, book recommendations and so much more.
Links Mentioned in Today’s Episode:
Fundrise: Real estate investor crowdfunding
Propstream: All in One investor tool
Lifestyle Notary (Loan Signing Agent)
BTM Episode 151 with Neal Bawa