BTM149: Money Advice They Don’t Want You To Know with Chris Miles
Chris Miles, today’s guest, is a leading authority on quickly creating wealth by increasing monthly cash flow and creating passive income.
He has shown hundreds of thousands internationally how to free up or generate tens of thousands of dollars each year! Chris has been featured in US News, CNN Money, and Bankrate.com.
On today’s show Chris and I discuss popular money myths plaguing today’s world and exactly how to make sure you don’t fall victim to these traps.
Key Points From This Episode:
- Why your financial advisor sucks
- How you should look at your rate of return
- Why the 401K match is not as impactful as you think
- How to pay down debt and invest at the same time
Links Mentioned in Today’s Episode:
Recommended Book:
The Bible
Lifestyle Design App:
BTM148: The Screening Process for Profitable Tenant Buyer Strategies with Paul Ritter
BTM143: Top 2020 Real Estate Investing Strategies (Debunked & Explained)
What are the top strategies that new real estate investors should look into this new decade:
Flipping?
Rental properties?
Apartments?
Wholesaling?
Or creative strategies like Owner Financing?
Subject-to?
or maybe even a tenant buyer strategy or two?
On today’s episode, not only will we take a deep dive into each of these strategies but we’ll discuss what’s working in 2020 and how to select a vehicle based on your goals, experience, resources and timeline.
This is a fun filled jam packed episode that is going to expand your thinking when it comes to risk and no money down strategies in real estate as well as serving sellers and buyers as an investor while still making massive profits.
Key Points From This Episode:
- What the Motivated Seller Method (MSM) is and how to implement it today
- How to profitably overpay for properties
- How to get a deal done with any seller in any market
- Massive profit exit strategies for your investments
- The idea of serving
- How Daray navigated through these strategies in the past 4 years
- Another way to use OPM (Other People’s Money)
- How to structure 3 large paydays for every deal
- Cash Flow vs. Lump Sum Cash and how to get both simultaneously
Links Mentioned in Today’s Episode:
BTM116: The Real Secret To Manifesting
Are you aware of how your thoughts and beliefs are the only things holding you back from massive success? Have you been told that the real secret to goal setting is manifesting but you can’t see how?
What if I were to tell you that the key to manifesting wasn’t feeling good all the time? Well it isn’t, and we’re here to debunk this misconception on today’s bonus episode. This show will be a game-changer that’ll take your manifesting game to the next level!
Key Points From This Episode:
- How to discover your true desires
- What really holding the newbie entrepreneur back
- How to show up as the entrepreneur you know you can be
- How to make 10k per month now
- Why it’s important to dream and have a vision
Links Mentioned in Today’s Episode:
Before The Millions Mastermind
Listen to your next 2 audio books for free!
BTM 52: Turnkey Rentals and Done For You Investing with Marco Santarelli
Marco Santarelli purchased his first real estate investment at the age of 18. He successfully handled the entire rehab and property management of his first property without ever taking a course or reading a book on the subject. Marco is an investor, author, and founder of Norada Real Estate Investments — a national real estate investment firm offering turnkey investment property in growth markets nationwide.
On today’s show, we discussed how Marco got his start in real estate and what inspired him to start his company, Norada Real Estate Investments. You’ll also learn the importance of educating yourself on real estate, asking the right questions and taking action. Marco talks about why real estate is a great place to create and store long-term wealth. In the episode, you’ll learn what turnkey investing is and the pros and cons of active vs. passive real estate investing.
Key Points From This Episode:
- Why you should never pursue an investment only for the money
- Importance of investing in assets that you understand
- The 5 key benefits of using real estate as an investment vehicle
- What first time investors need to know about turnkey investments
- Lessons learned about building a real estate portfolio of 84 properties
- The difference between being an active vs. passive real estate investor
If you are looking for a group of individuals that look after their own and help real estate investors far and wide, then I encourage you to join our Facebook group where like minded individuals like yourself are connecting, exchanging ideas and doing deals everyday.
Join Our Free Facebook Group Now
Links Mentioned in Today’s Episode
Marco Websites: Norada Real Estate & Passive Real Estate Investing
Favorite Books: Think & Grow Rich & Rich Dad Poor Dad
Favorite App: Audible
Access The Best Strategies, Tips & Advice!
Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.
Sign up to join our community