BTM132: Lifestyle Design Through Distressed Mortgage Notes with Jim Maffuccio
Jim Maffuccio has enjoyed a long and successful career in real estate, and has some battle scars to prove it. Today, he draws on his over 30 years of real estate experience and introduces us to a strategy that many haven’t yet discovered.
Jim has become an expert on mortgage notes and is helping investors far and wide to invest in real estate without any of the headaches of being a “landlord” and just owning the underlying note. So far, Jim has purchased over 1,000 loans in more than 35 states and grown to three separate funds in just over seven years. Fascinating strategy and even better episode!
Key Points From This Episode:
- How to lose it all twice and still come out on top
- Why invest in mortgage notes
- Jim’s spiritual journey to real estate
- How Jim grew a company to $30 Million dollars aum.
- What are distressed non-performing notes
- How to find an online note exchange
Links Mentioned in Today’s Episode:
Recommended Book:
The Bible
Listen to this books for free!
Lifestyle Design App:
BTM131: Buy, Rehab, Rent, Refinance & Repeat with Mark Owens
Mark has been an active Real Estate investor in the Baltimore Maryland area for the last 15 years. With over 100+ rental units, Mark on our guest for today’s show to teach us the infamous BRRR strategy where you find a deal and do the following: buy, rehab, rent, refinance and repeat.
Mark and I also discuss the metrics behind getting deals done. So if you’re wondering how many postcards should you send out or how many calls you should make before expecting a deal, listen to this episode.
Key Points From This Episode:
- The math behind the BRRRR Strategy
- Why single family homes cashflow better than multifamily
- How much effort it takes to get your 1st deal done
- How many yellow letters equal 1 deal
- The importance of credit when refinancing
Links Mentioned in Today’s Episode:
Recommended Book:
10X by Grant Cardone
Listen to this books for free!
Lifestyle Design App:
BTM115: Digital Nomad Life: The SEO Investor with Matt Diggity
As a digital nomad that travels nonstop and is absolutely in love with it, Matt Diggity is known as the premiere SEO (Search Engine Optimization) specialist in the online space. So if you have a website or plan on creating a website soon, this episode will deliver massive value to you.
On today’s show, we discuss the intricacies of the digital nomad lifestyle and the burdens lifted off of the shoulder of those who dare to pursue this path. We also cover the most nomadic countries and where the dollar weighs heavily to take advantage of geo-arbitrage.
Lastly,we help investors with tips and tricks to rank their websites in search engines for more leads and therefore more revenue. This is a must listen episode filled with location independent and online business nuggets.
Key Points From This Episode:
- Why Matt took profits from his online business and put in real estate
- How Matt plans to achieve 20K per month in passive income
- The benefits of living location independent
- The turnkey model for single family homes
- Why Matt quit his job moved from San Diego to Thailand with $2000
Links Mentioned in Today’s Episode:
Recommended Book:
4 Hour Work Week by Timothy Ferris
Vagabonding by Rolf Potts
End of Jobs by Taylor Pearson
Sapiens by Yuval Harari
The Power of Now by Eckhart Tolle
Listen to this books for free!
Lifestyle Design App:
BTM104: My Unhealthy Relationship With Money with Chris Bruce
Chris Bruce, todays guest, has been actively investing in real estate for the past 9 years and 8 of which, has been full time. To date, he’s flipped over 200 real estate deals in 5 different markets. With a digital marketing company set to hit 7 figures this year, we take a look at both sides of Chris’ business.
On today’s show we take a deep dive into mindset and our beliefs around money. Many of us have an unhealthy relationship with money and have no idea. We’ll explore our belief systems and shake things up this episode.
Key Points From This Episode:
- What happens when your tenant drug dealer gets shot and killed?
- How to recover from foreclosure as an investor
- How to have a better relationship with money
- How Chris grew his educational business to hit 7 figures this year
- The real reason it’s important to get super clear on your goals
Links Mentioned in Today’s Episode:
Before the Millions Book:
Secrets of the Millionaire Mind
Listen to this books for free!
Lifestyle Design App: Voxer
BTM 72: Create Your Dream Business to Become a High Income Earner with Captain Jim Palmer
Jim Palmer is a marketing and business building expert and in-demand coach. He is the founder of the Dream Business Academy and Dream Business Coaching and Mastermind Program. He is the host of Dream Business Coach TV, the hit weekly Web TV show watched by thousands of entrepreneurs and small business owners, and he is also the host of Dream Business Radio, a weekly podcast based on Jim’s unique brand of Smart Marketing and Business Building Strategies.
Jim is best known internationally as ‘The Dream Business Coach’ and creator of No Hassle Newsletters, the ultimate ‘done-for-you’ newsletter marketing program used by hundreds of clients in nine countries. Jim Palmer speaks and gives interviews on such topics as entrepreneurial success, newsletter marketing, client retention, how to build a profitable business and how to create your own Dream Business. Jim is a cancer survivor, has been married for over thirty-five years, has four grown children and three grandchildren. Recently, Jim and his wife Stephanie JUST SAID YES to their dream of living on a boat. Join their adventure, which is chronicled on Our Floating Home.
On today’s episode, we talk with Captain Jim about his journey as an entrepreneur and what steps he had to take before the millions to grow a successful brand and company. You’ll learn how you can create a “dream business” that provides financial and time freedom which enables you to live life on your terms. We also talk to Jim about how having the right mindset separates the high income earners vs. people who just get by in life. Jim shares his experience in a mastermind group and the powerful benefits it can have on your life today. Lastly, we wrap up the episode with Jim sharing the importance of being able to control your environment and how failure set Jim up for later success in business and life.
Key Points From This Episode:
- How you can create a dream business that provides financial and time freedom
- Understanding that being the best at what you do is not enough (Your mindset determines everything)
- Jim’s most embarrassing moment to date (2 years after starting his coaching program)
- How has failure later set Jim up for later success
- What “playing not to lose” and ROI madness means and how to avoid it
- Difference between rushing the process vs. enjoying the journey
- Jim’s best investment in himself was joining a mastermind groups and hiring mentorship
- The #1 turning point that most entrepreneurs face before taking their business to the next level
- What is a mastermind group is and why it is such a powerful resource for investors and entrepreneurs
- What separates high income earners vs. people who just get by
- The habits and personality traits of high income earners and how you can start to adopt these traits today
Links Mentioned in Today’s Episode
Jim’s Website: http://www.getjimpalmer.com/ http://ourfloatinghome.com/
Jim’s Favorite Book: No B.S. Wealth Attraction in the New Economy https://amzn.to/2x5bgBA
Download any 2 audio books for free when you try audible for 30 days: https://beforethemillions.com/book
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