The Active Duty Passive Income Podcast

He Walked Away After 12 Years… Here’s Why It Paid OffMike Goering on Sunk Cost, Multifamily, and Community-First Investing | ADPI PodcastIn this episode of the Active Duty Passive Income (ADPI) Podcast, Mike Goering shares the real story behind walking away from a 12-year military career… and why staying “safe” was actually costing him more.We break down the sunk cost trap, how one rental became a forced wealth engine, and what changed once Mike finally closed his first deal.This episode isn’t just about real estate.It’s about decision-making, identity, and building something that actually matters. If you’re military (or transitioning) and feel stuck between “what you’ve invested” and “what you actually want”… this one hits. What You’ll Learn in This Episode• Why waiting until 20 years can cost you more than leaving early• A simple breakdown of the sunk cost fallacy (and how it keeps people stuck)• Renting vs buying near military bases, and the hidden opportunity cost• How Mike transitioned from single-family to multifamily investing• Why chasing every market kills momentum• How closing ONE deal changes your deal flow forever• Building a community-first investing strategy (not extraction)00:00 – ADPI Hero Intro01:30 – Mike’s background (12 years active duty)03:10 – The “safe path” and why he left anyway05:10 – You don’t have to wait until 2005:35 – Sunk cost fallacy explained07:05 – Why people stay stuck10:45 – The mindset shift that changed everything13:05 – Renting vs buying near bases16:50 – First VA loan win19:00 – Turning a home into a rental22:00 – Discovering ADPI24:40 – Struggling with focus early on27:30 – Finding clarity in deal strategy33:40 – Joining a deal team37:50 – First deal breakdown (7-unit)40:30 – Due diligence surprises43:00 – Seller finance strategy49:30 – Why closing changes everything53:20 – “Own the town” vision56:00 – Aligning purpose with investing58:45 – Final adviceConnect With Mike GoeringEmail: Mike@mountaingroundinv.comWebsite: https://MountainGroundInv.comLinkedIn: https://www.linkedin.com/in/mike-goeringSupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

From Military Service to Financial Freedom: Seneca Peña-Collazo on Real Estate, Reputation, and Building the Right TeamIn this episode of the ADPI Podcast, Seneca Peña‑Collazo shares his full journey—from growing up in Philadelphia to serving in the Army, and ultimately building long-term wealth through real estate, business ownership, and intentional team building.Seneca breaks down how a single mindset shift during COVID helped him scale rapidly, why reputation is more valuable than money, and how military investors can leverage underwriting, numbers, and relationships to build sustainable freedom. This conversation goes far beyond tactics—it dives into identity, leadership, family, and what success actually feels like on the other side of the grind.If you’re an active-duty service member, veteran, or military spouse looking to invest smarter, build the right team, and design a life with optionality, this episode is a must-listen.What You’ll Learn in This EpisodeWhy real estate is a business, not just buying propertiesHow Seneca scaled quickly after committing fully to his “freedom number”The real reason teams matter more than dealsHow underwriting skills create leverage across any businessWhy reputation, integrity, and keeping your word compound over timeThe parallels between real estate, entrepreneurship, and military leadershipHow success feels different when it’s shared with family and communityEpisode Timestamps00:00 – 03:30 Introduction to Seneca Peña-Collazo and his military background03:30 – 06:00 Why reputation and keeping your word matter more than talent06:00 – 10:30 Real estate as a business (not just buying rentals)10:30 – 14:30 Current portfolio breakdown: single-family, multifamily, land, and Turo14:30 – 18:30 Why competitive advantage matters (and how Seneca built one)18:30 – 22:30 The COVID turning point: committing fully and scaling fast22:30 – 26:30 Burning the boats, mindset shifts, and finding ADPI26:30 – 30:30 Why numbers, underwriting, and Excel unlock confidence30:30 – 35:30 Team dynamics: how great teams elevate (or destroy) great deals35:30 – 40:00 Military trust, shared values, and navigating conflict40:00 – 44:30 Why living for others creates more fulfillment than livinSupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

In this powerful episode of the ADPI Podcast, Markian Sich sits down with Marine Corps veteran, ADPI Hero, and mobile home park investor Joe Jackson for one of the most raw and inspiring conversations we’ve ever had.Joe shares his journey from growing up in a mobile home park, hitting rock bottom with no power and no direction, to building and operating a mobile home portfolio spanning 1,000+ pads across multiple states. This episode goes far beyond real estate—it’s about mindset, discipline, burning the boats, and defining success on your own terms.Joe opens up about:Why he joined the Marine Corps after hitting rock bottomHow military discipline shaped his investing approachWhy mindset (not money) was the real turning pointHow he broke into mobile home parks without capitalBuilding communities—not just propertiesChoosing family over ego at a defining career momentWhat it really means to live a “rich life”Whether you’re early in your journey or deep into scaling, this episode will challenge how you think about success, wealth, and purpose.⏱️ Episode Timestamps00:00 – Welcome & introduction to Joe Jackson02:00 – Growing up poor in a mobile home park04:40 – Early hustle, fast money, and losing direction07:30 – Rock bottom: no power, snowstorm, and a turning point08:45 – Joining the Marine Corps and rebuilding discipline11:00 – Joe’s current portfolio: pads, states, and scale14:00 – Why mobile home parks became the mission16:45 – Building communities, not just cash flow19:00 – Preparing for life after the military22:00 – Discovering ADPI and the multifamily path25:00 – Why mindset was the missing piece28:30 – How Joe found his first deal with zero capital32:00 – Taking action before having all the answers36:00 – Dealing with fear, doubt, and naysayers39:00 – “No one is coming to save you”42:30 – Burn the boats: commitment over comfort46:00 – Choosing family over ego (the track meet story)51:30 – What success really looks like now56:00 – Advice to veterans and aspiring investors59:30 – Final thoughts & Joe’s mission moving forward🔗 Connect With Joe JacksonJoe was kind enough to share resources aSupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

Guests: Trey Stone & Ian StapletonHosts: Markian Sich & Eric UpchurchReal estate investor Trey Stone and digital entrepreneur Ian Stapleton reveal how they built massive wealth through multifamily investing, why veterans are uniquely suited for real estate, and how “unpopular” properties can become the safest and most profitable assets when operated correctly.From turning around D-class neighborhoods to raising capital ethically, navigating risk, and building elite partnerships, this conversation goes far beyond typical real estate advice. It’s a raw, tactical breakdown of how wealth is actually built—through focus, courage, and execution.Trey Stone is a veteran multifamily operator with 21+ exits and thousands of units, known for revitalizing distressed communities and creating forced appreciation at scale.Ian Stapleton is a former Air Force officer turned entrepreneur who built a 25M+ subscriber digital media empire, now investing and partnering in large real estate deals.They explain: Why buying “nice” properties is often riskier than distressed assets How forced appreciation creates true downside protection Why veterans outperform in real estate investing How to vet partners—and why most people do it wrong The real role of risk, fear, and “being a little crazy” in success How real estate can transform entire neighborhoods, not just returns Why tax benefits exist—and what most investors misunderstand about them How focus beats diversification in every phase of businessChapters:00:00 Intro 03:12 Ian’s path from the military to entrepreneurship 08:41 Why social media success wasn’t enough 12:56 How Trey and Ian partnered—and what made it work 18:44 Why most partnerships fail 24:31 The power of adding value before asking for anything 31:05 From single-family to multifamily at scale 38:22 The truth about D-class properties and neighborhoods 46:10 How forced appreciation really works 54:03 Why veterans thrive in real estate 01:01:44 Risk, fear, and making bold decisions 01:09:32 Tax benefits explained without hype 01:18:06 Focus vs diversification in investing 01:26:40 Lessons from 20+ exits and decades in real estate 01:35:12 Final advice for investors starting todayConnect with Trey & IanWant to leaSupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

Starting With $1K: Military Discipline, Investing Smarts & Defining a Rich Life with Darren IckIn this episode of the ADPI Podcast, host Markian Sich sits down with Air Force veteran and long-time investor Darren Thedieck, who shares how he built financial freedom starting with just $1,000 and a Roth IRA. Darren opens up about his humble beginnings, growing up in a split household, and the financial lessons he learned watching his mother struggle to make ends meet.Through discipline, delayed gratification, and a passion for personal finance, Darren carved his path—not with real estate—but with intentional investing, strategic budgeting, and the powerful philosophy of “paying yourself first.”From traveling to over 50 countries to building wealth while stationed overseas, Darren’s journey proves you don’t need a VA loan or fancy portfolio to win. His story is packed with mindset gems, savings strategies, and lessons on defining a “rich life” that’s about memories—not just money.Whether you’re just starting out or looking to dial in your focus, this episode is a must-listen for any service member ready to take control of their financial future.Episode Breakdown:00:00 – Introduction & Guest Announcement 00:58 – Darren’s Background & Humble Beginnings 02:45 – Early Lessons in Money, Bloomberg & Budgeting 06:18 – Military Service, Family, and Financial Drive 08:20 – Starting with $1K: Opening a Roth IRA 10:54 – Mindset Shift: From Saving to Serious Investing 13:15 – Traveling the World While Building Wealth 16:47 – FIRE Movement & Financial Independence Goals 19:08 – Pay Yourself First: Budgeting with Intention 22:13 – Marriage, Compromise, and Shared Financial Vision 25:36 – Investing Psychology: Let Your Winners Ride 27:42 – Stocks vs. Real Estate: Finding Your Investment Identity 31:09 – Discipline Over Motivation: Sticking to the Plan 33:51 – How Darren Defines a “Rich Life” 37:05 – Advice to Young Service Members: Believe in Yourself 39:24 – Final Thoughts, Darren’s Community, and How to ConnectConnect with Darren:Facebook Group: Financial Dream to Realityhttps://www.facebook.com/groups/financialdreamtorealityFacebook Page: AchieveFIhttps://www.facebook.com/AchieveFSupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

From Marine Raider to ADU Builder: Finding Freedom, Purpose, and a New Mission with Mark BrookmanIn this powerful episode, Markian sits down with Marine Corps veteran and real estate investor Mark Brookman to unpack the part of the military story most people never see—the invisible battles after the uniform comes off. Mark shares how micro–traumas from Afghanistan and Iraq slowly piled up, what it felt like to “look fine” on paper but be mentally spiraling, and why so many veterans struggle with purpose once the mission ends.From losing $50K on his first flip to building high-margin ADU projects in Seattle, Mark walks through how real estate became the bridge from warfighter to present father, husband, and entrepreneur. Together, he and Markian dig into mindset, anxiety, balance, and why financial freedom is less about Ferraris and more about having time to enjoy what’s free—family, community, and impact. If you’re a service member, veteran, or military spouse searching for your next mission, this conversation will hit home.In this episode, you’ll hear about:Why Mark joined the Marine Corps—and how his mindset shifted after deploymentThe unseen psychological toll of “micro events” and constant hypervigilanceHow Mark realized he wasn’t okay even without the stereotypical combat storyThe brutal truth of losing $50K on his first flip—and why he refused to quitHow ADUs in expensive markets like Seattle became his path to freedomThe difference between chasing rank/certifications vs. chasing purposeWhy veterans are uniquely primed to succeed in real estate (with a few mindset tweaks)The real reason “financial freedom” matters—and what to do with it once you have itTimestamps00:00 Introduction and Episode Kickoff 00:35 Meeting Mark Brookman 01:59 Mark's Military Background 05:04 Deployment Stories and Challenges 09:31 Transitioning Out of the Military 22:19 Real Estate as a New Mission 45:53 Bite the Elephant: Embracing Challenges 46:41 Military Mindset in Real Estate 51:16 The Power of Focus and Discipline 52:46 Overcoming Anxiety and Adapting 56:35 Finding Purpose Beyond the Military 01:11:50 Real Estate Success Stories 01:21:45 Conclusion and Final ThoughtsConnect with Mark here: Instagram: @SummitPointAcademySupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

Markian sits down with Cheyenne Wachtendorf, a new ADPI member whose path runs from military service to creative deals—live-in flips, seller finance—and a 106-acre VA loan purchase. Cheyenne shares the mindset behind taking calculated risks, learning from setbacks, and his vision for Walk Squad Haven: real estate development, experiential recreation, and community mentorship.Time Stamps00:00 Introduction and Conference Recap 01:30 Guest Introduction: Cheyenne Wetten 02:23 Cheyenne's Unique Real Estate Journey 06:36 Military Background and Personal Struggles 10:47 Transition from Military to Real Estate 19:12 The Importance of Mentorship and Community 49:55 Cheyenne's Vision and Future Plans 52:36 The Puzzle of Real Estate Vision 53:14 Mapping Out the Dream 53:41 Leveraging W2 Income 55:49 First Real Estate Investments 01:01:02 Facing Setbacks and Learning 01:05:05 Rebounding with New Strategies 01:11:16 The Big Vision: W Squad Haven 01:17:17 Final Thoughts and Future PlansKey TakeawaysStart small, build momentum: early creative wins compound into bigger plays.Use VA loan creatively: structure matters more than “standard.”Failures become playbooks: debrief, systemize, and iterate.Mission first: purpose makes persistence possible.Connect with CheyenneWachSquad Haven on Facebook:https://www.facebook.com/profile.php?id=61575568000549Phone: 903-698-3040💥 Want to Connect with a Community of Military Real Estate Investors?Join ADPI Campus™—the world’s premier platform for military members and their families building wealth through real estate.🎉 Join today: https://go.activedutypassiveincome.com/adpi-campus-joinInside you’ll find real estate education that works, a supportive community that gets it, and the kind of camaraderie only service members can bring.Interested in joining a MMA cohort? Book a free strategy all here: http://activedutypassiveincome.com/strategy📲 Stay Connected with ADPI:Follow us on Facebook |  Support the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

From ROTC to Real Estate: Landon Fillmore's Journey of Investments and IdentityIn this episode, host Mark chats with Landon Fillmore, a member of the military community who has successfully navigated his way into real estate investing. Landon shares his journey from joining the ROTC in college, to buying his first fourplex property, to managing rentals while stationed overseas. They discuss the pivotal conversations, educational resources, and strategies that built Landon's confidence and propelled him into action. The episode also delves into the mechanics of managing properties remotely, leveraging the VA loan, and the power of impactful discussions within the military to promote financial literacy. Whether you're interested in investing, facing an identity shift, or looking to understand real estate's four key pillars, Landon's experiences offer valuable insights for military members and beyond.00:00 Introduction and Guest Welcome01:24 Landon Fillmore's Background and Military Journey02:55 First Steps into Real Estate Investing05:46 Discovering Real Estate Education and Influences10:55 The Power of Confidence and Taking Action22:25 Navigating Real Estate Challenges and Opportunities29:27 Exploring Midterm and Corporate Rentals39:17 Balancing Personal Goals and Real Estate Strategies48:17 Introduction to Real Estate Tracks48:42 Embracing Identity Shifts49:57 Military and Real Estate: Balancing Identities52:02 Navigating Personal Identity Crises53:33 From Ukraine to the U.S.: A Journey of Identity56:53 The Naval Academy Experience01:00:07 Transitioning to Entrepreneurship01:02:52 Real Estate Investing Insights01:07:22 Leadership and Financial Education in the Military01:17:43 Managing Properties Remotely01:28:05 Conclusion and Contact Information06:30 The Influence of Robert Kiyosaki and Pat Flynn06:39 Discovering Passive Income and Military Community07:12 The Journey to Real Estate Investing01:41:10 The Importance of Confidence and Education01:52:20 Powerful Conversations and Decision Making01:56:24 Creative Real Estate Strategies02:47:56 Managing Properties Remotely02:58:13 Final Thoughts and Contact Information Connect with Landon here: Instagram: @LandonJFillmoreWhatsApp: +1 801-404-3709,Email: filSupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

Blockchain and Real Estate: A Deep Dive with ADPI ExpertsIn this engaging episode of the ADPI podcast, host Tim Kelly chats with Seneca Peña Colazo about the intersection of blockchain, cryptocurrency, and real estate investing. They clarify misconceptions about crypto, likening blockchain to a highway where scams are the driver's fault, not the road's. Highlighting the permanence and transparency of blockchain, the episode dives into personal experiences and strategies for crypto investment. Seneca shares how he transitioned from a crypto skeptic to an enthusiast, while Tim recounts his journey through commercial and multifamily real estate investments. They emphasize self-custody and security practices, discuss the potential of Bitcoin as 'digital gold', and explore the growing adoption of digital currencies globally. The conversation ties back to real estate, illustrating how blockchain can revolutionize property transactions, title verifications, and investment strategies. Episode breakdown: 00:00 Introduction to Blockchain and Crypto01:08 Welcome to the ADPI Podcast01:45 Guest Introductions and Backgrounds02:57 The Intersection of Real Estate and Blockchain05:15 Understanding Bitcoin and Blockchain Security06:52 The Importance of Self-Custody in Crypto08:22 Exploring Cryptocurrency Mining13:26 Types of Cryptocurrencies: Store of Value vs. Utility18:27 Best Practices for Crypto Storage and Security29:02 Real Estate and Bitcoin: A Comparative Analysis31:05 Understanding Bitcoin's Limited Supply32:01 The Value of Bitcoin and Real Estate34:08 Bitcoin Adoption and Institutional Investment35:16 The Future of Bitcoin and Global Integration36:39 Investment Strategies and Market Timing37:30 Exploring Alternative Cryptocurrencies45:29 Blockchain Technology in Real Estate52:45 Practical Tips for Crypto Investment57:09 Final Thoughts and Resources Do you want to join a community of like-minded Military Real Estate Investors offering real estate education that actually works while celebrating camaraderie, and competition, and fostering a spirit of support? Introducing ADPI Campus™ - the premiere platform and online space for Military Real Estate Investors worldwide! Podcast listeners  JOIN ADPI CAMPUS now and get in on the action! Support the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.

Uncovering Creative Financing: A Deep Dive with Adam CatledgeIn this episode, we welcome Adam Catledge, a Marine Corps veteran and seasoned entrepreneur, to demystify the complexities of creative financing in real estate. Known for his profound knowledge in sub-2s and wraparound mortgages, Adam shares his journey from military service to becoming a successful real estate investor. He elaborates on his first deals, the mechanics of subject-to transactions, and how wraparound mortgages can create significant cash flow and value. Adam also introduces the concept of co-living as a lucrative exit strategy and underlines the importance of working with mentors to expedite success in creative financing. This conversation provides invaluable insights and practical advice for both novice and seasoned investors.Episode Breakdown: 00:00 Introduction and Guest Welcome01:24 Adam Keli's Background and Military Service02:16 Discovering Creative Financing07:28 First Creative Finance Deal17:07 Understanding Subject To Transactions23:54 Dealing with the Due on Sale Clause31:51 Creative Financing in the Current Market42:15 Addressing the Risk of Non-Payment43:06 Mitigating Risk with Mortgage Underwriters45:11 Understanding the Do on Sale Clause45:50 Strategies for Handling Regional Banks47:05 Capital Raising Insights47:33 Exploring Exit Strategies47:42 Wraparound Mortgages Explained51:12 Benefits of Using a Servicing Company01:07:29 Co-Living as a Real Estate Strategy01:17:52 Final Thoughts and Resources Do you want to join a community of like-minded Military Real Estate Investors offering real estate education that actually works while celebrating camaraderie, and competition, and fostering a spirit of support? Introducing ADPI Campus™ - the premiere platform and online space for Military Real Estate Investors worldwide! Podcast listeners can JOIN ADPI CAMPUS now and get in on the action! Helpful ResourcesConnect with the ADPI: Facebook |  Instagram | YouTubePlease Subscribe, Rate, & Review on Apple PodcastsThanksSupport the showADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.So we built a different path.Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.The mission isn’t just buying properties.It’s building a life with options.More time with family.More control of your future.More impact in the community you serve.If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.Book your free strategy call right now:https://www.activedutypassiveincome.com/podcast-mmaNo pressure. No pitch. Just a real conversation about where you want to go.Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.