BTM180: The Biggest Problem Deciding Your Real Estate Way To Wealth

Ever thought about using real estate investing as a wealth vehicle but never quite made the jump?

It can be terrifying for many of us but with just a little faith, it tends to pay big dividends – figuratively and literally.

There’s no arguing that there’s a wealth of knowledge out there in terms of different ways to invest in real estate. This podcast on its own has been able to procure guest after guest who’ve made their millions in real estate.

The question is…

How does all of this help you? What should you listen to and what should you filter? How can learning someone else path to real estate wealth help/hurt your own process?

The waters are murky and many find themselves paralyzed for this exact reason. This episode was created to guide you safely and sound (and dry) across the chasm to your ideal lifestyle design.

Links Mentioned in Today’s Episode:

BTM 5K in 30 Days Challenge

BTM Real Estate Newbies Guide

BTM Weekly Newsletter

BTM179: The Truth About Mobile Home Park Investing with Jefferson Lily

Today’s guest, Jefferson Lily owns 31 Mobile Home Parks valued at over 71 million dollar. What started as an interest in the multifamily apartment space quickly turned into a fascination with affordable housing for low-income Americans.

On today’s show, we explore Jefferson’s journey from corporate burnout to multimillionaire. We’ll learn the tools and strategies that Jefferson used to reach the pinnacle of American success in a real estate niche that most people would run from… until now.

Key Points From This Episode:

  • Why the lucrative mobile home park niche is overlooked
  • Investing in mobile home land vs. mobile homes
  • How the government is try to “squeeze” the mhp industry
  • The future of mobile home parks and is now the best time to invest

 

Links Mentioned in Today’s Episode:

Jefferson’s Website

Recommended Book:

Snowball: Warren Buffett and the Business of Life by Alice Schroeder

Listen to this book for free!

Lifestyle Design App:

EOS: Entrepreneurs Operating System

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:

Todd’s Website

Recommended Book:

The Alchemist by Paulo Coelho

Listen to this books for free with Audible!

Lifestyle Design App:

Google Docs

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:

Dr. Jeff’s Website

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:

Google Calendar

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:

Linying’s Website

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:

BTM 5K Challenge