BTM171: Escape the High Wage Earning Trap with Dr. Jeff Anzalone
High income earners are the most privy to financial mistakes, contrary to popular belief. This is why a professional making 500k a year and a professional making 50k a year can both live a “broke” lifestyle. At the end of the month, both are drowning in debt, neither have anything left over and the higher earner isn’t much happier.
On today’s episode Daray interviews Dr. Jeff Anzalone (between surgeries) who lays out solid advice for anyone embarking on the process of getting out of debt and into passive cash generating assets.
Key Points From This Episode:
- How high-income earners can use real estate to invest passively
- Properly setting up a game plan to pay off debt efficiently
- What every professional can and should be doing to lower their taxes
Links Mentioned in Today’s Episode:
Recommended Book:
The Bible
Think and Grow Rich by Napoleon Hill
Rich Dad, Poor Dad by Robert Kiyosaki
Listen to these books for free with Audible!
Lifestyle Design App:
BTM166: The Pursuit of Financial, Location and Time Freedom for Immigrant and Ex Wall Street Trader Linying Zou
Today’s guest, Linying Zou is on a mission to achieve one thing – help people achieve freedom in their lives, by breaking free from the constraints of money, time and employers.
On this episode, we discuss exactly how Linying was able to achieve this feat in her own life. As a former Wall Street trader, her initial dream was to become a partner at her firm but she quickly realized that she was a pawn and had no true way to wealth if she kept down that track. After a few failed entrepreneurial partnerships and a 6 month trip halfway across the world she decided that it was finally time to settle on real estate as her wealth building vehicle and has been on a trip to her freedom number ever since.
Key Points From This Episode:
- How Linying’s immigrant upbringing affected her financial future
- The importance of a “freedom number” and how to calculate it
- Why Linying attributes her success to her “miracle morning”
- The decision Linying made to start investing in multifamily apartments
- How you can use real estate to replace your income and travel the world
Links Mentioned in Today’s Episode:
Recommended Book:
Rich Dad Poor Dad by Robert Kiyosaki
Miracle Morning by Hal Elrod
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
BTM163: Wealth & Freedom Investing in Mobile Home Parks with Andrew Keel
Andrew Keel currently manages 21 manufactured housing communities across nine states. His expertise lies in turning around under-managed manufactured housing communities by utilizing proven systems to maximize the occupancy while reducing operating costs.
On today’s episode Andrew and I discuss the key differences between investing in manufactured homes and the parks that they occupy. With time, Andrew became skilled as an investor and realized that he could switch his model of earning income to one that better suited his desired lifestyle — This wasn’t before tons of trial and error, most notably 18 months of prospecting with zero deals done. We’ll have a discussion on the mindset it takes to overcome such hurdles and how he’s taking that mindset to the next Ironman competition.
Key Points From This Episode:
- Going bigger, faster to get to your goals
- How Andrew preserved through 18 months with 0 deals
- The similarities between Ironman competitions and the real estate business
- The difference between mobile homes and mobile home parks
- How to create a “forever cash” machine
- Why it’s important to stay as lean as possible for as long as possible
Links Mentioned in Today’s Episode:
Recommended Book:
Deals on Wheels by Lonnie Scruggs
Listen to this books for free with Audible!
Lifestyle Design App:
BTM157: 0 to Financial Freedom in 18 Month Through Land Flips with Jack Bosch
Starting with nothing but two suitcases and a mountain of student debt, Jack immigrated to the US from Germany in 1997. Seeking out his own version of the American Dream, Jack bought and sold over 4000 pieces of property and was able to help build his company into the 3rd largest land investment company in the US.
On today’s episode, we discuss Jacks rocket-like trajectory after spending years in corporate america with the same salary year after year. In his first 18 months as a land flipper, Jack amassed his first million dollars and then grew his company to the multi-millions in just a few short years.
Today his family travels 2-4 months a year, designing their business to fit their lifestyle.
Key Points From This Episode:
- How to break the earn-spend cycle
- Why Jacks immigrant mentality helped pave his success
- How Jack made his 1st million in 18 months
- Jack’s philosophy on Tenants, Toilets and Termites
- The biggest reason why most land investors fail
- The opportunity for land investing in the next 20 years
Links Mentioned in Today’s Episode:
Recommended Book:
Secrets of A Millionaire Mind T. Harv Eker
Listen to this book for free with Audible!
Lifestyle Design App: