Best Of 58: Command An Abundance Of Wealth Using The Law Of Attraction With Reggie Brooks
Reggie Brooks has achieved what many people consider to be impossible. He went from making $36,000 per year at the local telephone company, to making over $40,000 per month in his real estate business. Starting out with very little money, Reggie began his investment career in 1986.
By educating himself about hidden opportunities in real estate and making well placed investments, he has become a multi-millionaire.
To date, Reggie has spoken on programs with such notables as Donald Trump, Magic Johnson, Suze Orman, Tony Robbins, George Foreman, Rudy Giuliani, Alan Greenspan and Russell Simmons, to name a few.
On today’s episode, you’ll learn how to leverage the law of attraction to achieve financial freedom and all around success in your life. Reggie applied the principles (and continues to apply them) for decades to make reality everything that he desires in this world.
Key Points From This Episode:
- The #1 thing Reggie studied to help attract more opportunities for himself and his family
- What is the real “The Law of Attraction” and how you can use it to achieve financial freedom
- How reading the book “Psycho-Cybernetics” changed Reggie’s mindset forever
Links Mentioned in Today’s Episode
Must Read Books:
Reggie’s Website: Reggie Brooks
Reggie’s Favorite Book: Psycho-Cybernetics
Reggie’s Favorite Lifestyle Design App: Road Warrior is a multi-stop route planner that helps you optimize, schedule, and navigate your routes.
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BTM174: Budgeting, Saving and Investing for Financial Freedom with Todd Miller
This week on the podcast, I interviewed a real estate investor/financial coach Todd Miller, who has spent the past 11 years building up his passive income portfolio to quit his job.
His strategy was straightforward and not at all different from the plans many of us make to leave our soul sucking day job.
You know… Budget, save, invest and retire early on the beach somewhere.
If only it were that simple.
See we can know the steps but not understand them. We can understand the steps but not implement them. We can implement them but not succeed.
There are numerous areas in which we can fall short of the ever elusive financial freedom that we desire.
But if you’ve known me for any stretch of time, you are aware that I’ve made it my mission to help all of us better succeed.
Rather than claiming life changing results in a single episode, we wanted to help you with the baby steps for budgeting, saving and investing in hopes that these small actions will have massive results for you later down the line. This is a good one!
Links Mentioned in Today’s Episode:
Recommended Book:
The Alchemist by Paulo Coelho
Listen to this books for free with Audible!
Lifestyle Design App:
BTM 102: Maximizing Your 401(k) Options To Build Wealth with Bernard Reisz
The 401K world has always had a big question mark around it. On this bonus episode, Bernard and I discuss the pitfalls of a traditional 401K and how you can take control of your retirement funds to maximize your wealth.
Key Points From This Episode:
- 401k vs IRA, which should you have?
- How to maximize your retirement match
- I’m about to graduate college, how should I invest?
- What 2 things should look for in a service provider
Links Mentioned in Today’s Episode:
Before the Millions Books:
What They Do With Your Money
Lifestyle Design App: vCita
Free Training: Building A Lifestyle Business Through Real Estate Investing
BTM 89: $8 Per Hour to Multi-Millionaire in 4 Years with Daniel Ameduri
Daniel Ameduri is a self made multi-millionaire. After warning family and friends in 2007 about the coming market and mortgage collapse, he started his own YouTube channel, which has received 10 million video views. Even with a great calculation of the crash he failed through it and shortly after began to pick up the pieces as well as a special focus and passion for personal finance, he re-built his wealth and declared financial independence in 2012. Having no mortgage and enough rental properties to pay for his life style, he was able to build his business larger than he could have ever imagined.
On today’s episode we discuss the importance of personal finance and self help. The major influences in Daniels life had opposing viewpoints, Robert Kiyosaki and Dave Ramsey partly cultivated Daniels business and his interest in investments. One really fascinating thing about daniel story is how terrible his credit is (below 500) and how he doesn’t let it stop him from being an investor to be reckoned with.
Key Points From This Episode:
- How Daniel travels 5-Star everywhere he goes
- How Daniel spends $50,000 a year on wine
- The difference between Retirement and Financial Independence
- Robert Kiyosaki vs Dave Ramsey
- Why it may be better to pay off your Home
Links Mentioned in Today’s Episode:
Before the Millions Book:
Rich Dad, Poor Dad
BTM 16: Set For Life with BiggerPockets President Scott Trench
Today we welcome Scott Trench, President of Operations at BiggerPockets.com. Scott is also a licensed real estate broker/agent, real estate investor managing 8 units in Denver, CO with a partner, a house-hacker, and personal finance nerd. His book, Set for Life thoroughly details a step-by-step journey to early financial freedom for full-time workers earning median incomes and starting with little or negative net worth. Scott is passionate about financial education and believe that financial literacy allows for empowerment in today’s society.
His writing and economic analyses have been featured in TIME Magazine, CNBC, Forbes, and Realtor Magazine, as well as regional publications like the Denver Post and Tampa Bay Times. Scott has lectured at the University of Colorado and has produced dozens of video/podcast segments explaining intricate real estate concepts to new investors. In this episode Scott dissects his journey to early financial freedom and how he has been able to become successful in doing so. We also talk about his book, Set for Life.
Key Points From This Episode:
- Find out what led Scott to following the philosophy of financial freedom.
- How Scott turned his frustration into action.
- Hear how Scott used networking and brand knowledge to get his job at Bigger Pockets.
- Discover why Scott doesn’t consider himself as an entrepreneur but as an employee.
- Three ways to becoming financially free at an early stage in life.
- Learn how Scott got the money to buy his second property.
- Getting rid of your PMI by having equity in your property.
- Understand how Scott has found meaning in the work he now does.
- Continuing to solidify your financial position perpetually with passive income and wealth.
- How opportunities begin presenting themselves as you accumulate income and wealth.
- Scott tells us more about his role at Bigger Pockets.
- Why real estate is considered to be the best way to build passive cashflow.
- Listen as Scott explains the inception of his book, Set For Life.
- Hear how Scott’s book will encourage you to make changes in all aspects of your life.
- Scott’s ways of marketing his book for it to reach the right readers.
- Defining risk and lowering risk by lowering your expenses.
- Hear what sacrifices Scott had to make in order to get to where he is today.
- And much more!
Tweetables:
[spp-tweet tweet=”“If you want to become financially free at an early stage in life, there’s only three ways to do it.” — @strenchbp “]
[spp-tweet tweet=”“My goal is less financial freedom and more helping more and more people.” — @strenchbp”]
[spp-tweet tweet=”“I think real estate is for many people, the best way to build passive cashflow.” — @strenchbp”]
[spp-tweet tweet=”“I consider risk to be the inability to pursue my potential.” — @strenchbp “]
Links Mentioned in Today’s Episode:
— Thomas J. Stanley’s book, The Millionaire Next Door
— Thomas J. Stanley’s book, The Millionaire Mind
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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.