Money School Podcast

In today's market, everyone wants a piece of multi-family, but very few are willing to do it the right way. No one wants to do multi-family the old-fashioned way - buying the onesies and twosies until you've built yourself a healthy portfolio. Unfortunately, adding one duplex or triplex at a time isn't sexy - syndication is all the rage. But syndication is the worst model for this market cycle, and if we're expecting to get our money back, we're in for a nasty surprise. How do you build wealth with multi-family without syndication? In this episode, investor, business owner, author and entrepreneur, Gino Barbaro shares how to approach multi-family if you want it to change your life. Three Things You'll Learn In This Episode Buy the asset that pays for the event A typical 9-5er saves money to pay for an event. What do investors do differently? Syndication is broken Are syndicators headed towards complete disaster in this current market? The opportunity and the caution What are the ingredients of a successful multi-family investment? Guest Bio Gino Barbaro is an investor, business owner, author and entrepreneur. As a real estate entrepreneur, he has grown his portfolio to over $100,000,000 in assets under management and is teaching others how to do the same. Gino Barbaro is the co-founder of Jake & Gino, a multifamily real estate education company that offers coaching and training in real estate founded upon their proprietary framework of Buy Right, Manage Right & Finance Right ™. He is the best-selling author of three books, Wheelbarrow Profits, The Honey Bee and Family, Food and the Friars. Gino graduated from IPEC (Institute for Professional Excellence in Coaching) where he earned his designation as a Certified Professional Coach. He currently resides in St. Augustine, Florida with his beautiful wife Julia and their six children. For more information, head to https://jakeandgino.com/.

If you're an investor, you're looking for a good way to store your money, control it, pay off debt and maybe even take advantage of opportunities that come your way. There are two strategies you can employ to achieve this - velocity banking and infinite banking. Both strategies are great, but they aren't created equal. What are the pros and cons of each strategy and who do they work best for? In this episode, I share two ways to take control of your money, and how to get the most out of each. Three Things You'll Learn In This Episode Putting your home equity to work How can you take advantage of the lazy cash sitting in the rafters of your home? Move your money in a bigger circle In the infinite banking concept, why would you want to pay interest on your own money? The best way to leverage these strategies Can we combine velocity banking and infinite banking for the ultimate win? Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.

In the world of real estate, you can have a $100k deal followed by a 6 month dry streak. It's the nature of the beast. The best investors treat these speed bumps as lessons, and constantly pivot, especially in a market like this one. Wait too long to take action, and you'll chip away at your profit. Continue flipping in a wholesale-driven market, and you'll be the one left holding the property when the music stops. How do you learn from mistakes and pivot to something more nimble? Is it wise to hold onto our rentals right now? In this episode, real estate investor, entrepreneur, coach and founder of Creating Cash In Real Estate Academy, Issac Grace shares how investing turned his entire life around and how he has shifted his investing strategy with the market. Three Things You'll Learn In This Episode From crime to cash flow Why was real estate the catalyst of Isaac's transformation? The unknown of the next deal What's the hardest thing about getting the biggest deal of your career? Don't force the market How do we avoid chipping away at our profits and being the last ones holding a property when the music stops? Guest Bio Issac Grace is a real estate investor, entrepreneur, coach and founder of Creating Cash In Real Estate Academy. With 30 doors and $15k cash flow monthly, Isaac's aim is to provide valuable content to millennial entrepreneurs and real estate investors. For more information follow @mrissacgrace and go to https://creatingcashinrealestateacademy.com/. For free resources, including a cheat sheet, text HOPE to 7323147978.

BYOB. No, it doesn't mean bring your own beer. It means Be Your Own Bank, but what does it actually look like? The Infinite Banking Concept is the choice of just about every wealthy individual out there - even traditional banks. What makes it so special? Why is this process so powerful in the wealth-building process? In this episode, I share the key facets of Infinite Banking and how to successfully implement it in your own life. Three Things You'll Learn In This Episode Take back the banking function in your life Is it possible for a person to do exactly what a bank does for themselves? Not your broke brother-in-law's policy What's the difference between a regular whole life and a specially engineered whole life? Be an honest banker What's the biggest mistake people make when they become their own banks? Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.

Behind every successful investor is a trail of failures, dumpster fires, bad deals, unmitigated disasters and maybe even some frivolous lawsuits. The truth you won't hear from most investors: there's no way around the necessity of failure in this business. What sets the best apart is their ability to fail faster, learn, and bounce back. That sometimes means losing a ton of money, getting burned by a contractor, and still having the grit to do another deal. What can we learn from these catastrophes and setbacks? Can a good real estate investing coach help make life easier? In this episode, I'm joined by author, entrepreneur, digital marketing wizard and my good friend, Bob McIntosh. He talks about his journey - from the struggles and pivots to the biggest lessons he's learned along the way. Three Things You'll Learn In This Episode First flip, total failure Losing money as a real estate investor is a given, but does this model make it easier to bounce back? Lawsuits come with the territory What are some of the unavoidable difficulties about being an investor? More rehabs, more problems Why does Bob opt for smaller flips when he could keep growing and taking on bigger projects? Guest Bio Bob McIntosh is a #1 best selling Amazon.com author, business owner, entrepreneur and wizard of making digital marketing work for fellow entrepreneurs. He has extensive expertise in the areas of mindset, real estate investing, internet marketing, sales funnels, and online businesses. He has spent years mastering the algorithm that Google uses to get sites ranked and is also a social media guru with over 40,000 followers. His book, "Get Out of Your Own Way", hit #1 the day it launched in multiple categories and hit number 2, 3 and 4 in dozens of other categories. He has been featured on over 30 podcasts and counting and is a founding member of the Forbes Real Estate Council providing direction and information in the real estate space for Forbes readers. He has been published on ABC News, CBS News, Fox News, NBC News, Yahoo News, Small Business Trendsetters, The Money Show, The Miami Herald and Wall Street Select. Bob has also taken his passion for helping entrepreneurs to the road with over 2,500 hours on stages and more than 7,000 people he's spoken to from every state in the US and every province in Canada. He's been personally responsible for helping tens of thousands of entrepreneurs generate hundreds of thousands of leads online, close tens of thousands of deals because of their social proof, generate millions in profits, and make the massive mindset shifts that are needed for these levels of success. For more information, head to https://go3dc.com/.

There's a lot of money to be made in real estate, but in markets like this, there's even more mistakes. The conditions are murky, a lot of information out there is lagging far behind reality, and a lot of the models are on borrowed time. This means just about every investor is in hot water without even knowing it, especially if you're eternally optimistic about real estate. What's the right approach to take in a market like this? Why do you need to back away from most syndication deals? In this episode, I'm joined by Realtor and YouTube personality, Jeb Smith. He shares the mindset every investor needs to have if they want to survive the next few years. Three Things You'll Learn In This Episode Jeb's unique market take Are we headed for a crash, a run up, or something else entirely? There's a monster on the other side of this Which investors are in hot water without even knowing it? The wrong way to invest Real estate deals are won or lost right at the beginning. How do you set yourself up for success? Guest Bio Jeb Smith, a distinguished Realtor and YouTube personality, has been delivering exceptional results in the real estate industry for over 15 years. As a dedicated professional, Jeb combines his passion for helping clients achieve their real estate goals with an unwavering commitment to providing unparalleled service. Jeb is a proud member of the National Association of Realtors (NAR) and the Local Board of Realtors. He consistently earns accolades for his outstanding performance and has been recognized as a Top Producer multiple times throughout his career. In addition to his flourishing real estate career, Jeb has built a successful YouTube channel, where he shares insightful and informative content related to the real estate market, home buying and selling tips, and industry trends. With over 50,000 subscribers and counting, his engaging videos have garnered a loyal following of individuals seeking guidance and inspiration in the world of real estate. For more information, head to https://www.jebsmith.net/ and subscribe to his YouTube channel.

Success is sweet, but the path is paved with hardships, sacrifices, demands, and failures. The mistake most people make is thinking about the get, not the give and the spoils, instead of the sacrifices. If you want to build something meaningful, you're going to run into walls all the time. Start with the expectation that it's going to be hard, and instead of focusing on getting the gold, fall in love with digging. Why is this something very few people do? How do we know which sacrifices are worth making? In this episode, I'm joined by entrepreneur, investor, strategist, author and host of A&E's TV show Triple Digit Flip, Pace Morby. We have a candid conversation on the other side of success that's not discussed often enough. Three Things You'll Learn In This Episode Life of a lunatic entrepreneur What are the challenges and pressures we have to accept if we want to succeed? Sacrificing for a reason vs. stealing time away from your family The hardest thing we'll ever have to do is give up precious memories for our businesses. How do we know what to say no to? Fall in love with digging, not finding gold Most people see their work as a poisonous endeavor they have to do everyday. How do entrepreneurs see their work? Guest Bio Pace Morby is an entrepreneur, investor, strategist, author and host of A&E's TV show Triple Digit Flip. He is one of the most creative real estate investors on the planet. Pace has used dozens of creative methods to acquire more than 1,000 doors nationwide and a real estate portfolio totaling $150 million in assets. For more info, head to https://www.pacemorby.com/. Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.

Calling the media landscape crowded would be the understatement of the century. Establishing a distinct brand and getting it out there is the only way to stand out. All the big-name influencers with huge followings didn't come up overnight. It took a consistent investment of time, effort, and money. How do we establish validity and credibility in such a crowded space? What's the secret to a great PR strategy? In this episode, I'm joined by the founder of 610 Marketing & PR Agency and a Certified NBPA & FIBA Player Agent, Matt Palmquist. He talks about the power of PR and his focus as a business owner. Three Things You'll Learn In This Episode First comes the brand, then the money Most people think PR is what makes you money. What's its true purpose? Why PR causes a lot of headaches (and how to avoid them) How do we implement a high-quality PR strategy without burning money or wasting time? The secret to success is solving problems What do the most fulfilled and accomplished people do to make an impact? Guest Bio Matt Palmquist is the founder of 610 Marketing & PR Agency and a Certified NBPA & FIBA Player Agent. 610 Marketing & PR helps companies stand out in a crowded marketplace. Gone are the days of just advertising in newspapers and magazines. You need social media! You need creative video content! You may even need a public relations liaison to get your message out. While digital marketing can provide your company with several benefits, figuring out the best way to execute a campaign isn't easy. This is where Matt and his team come in. They build brands with big ideas- digitally. For more information, head to https://www.610marketing.com/. Get Your FREE Copy Of 'The Private Money Guide' and 'Mapping Out The Millionaire Mystery'. Keep up with us every week on our FREE Live webinars for more conversations like this, and as a BONUS get our newest mini ebook instantly upon signing up! https://moneyschoolrei.com/wednesday-webinar (digital download). Dive into money, mindset, and motivation videos on my YouTube Channel, and be sure to subscribe so you can be notified of our weekly LIVE streams. Find out about our next weekend workshop, and see what others are saying: https://www.moneyschooltraining.com/registration.

Far too many business owners find themselves working hard, pouring into their ventures with nothing to show for it at the end of each year. It's not because their businesses are failing, it's because they haven't mastered profit. Mike Michowicz's Profit First system has made thousands of businesses profitable and changed how we do things around here. What's the psychology behind the system? What problem does Mike want to solve with his new business? In this episode, Mike returns to the show to share why Profit First is so powerful and gives us the details of his upcoming book. Three Things You'll Learn In This Episode Reverse engineer your profitability Why do we become more profitable when we think more frugally? How to find employees who think like owners What holds businesses back from finding the best talent? Solving the greatest recruiting problem What can sports teams and large corporations teach us about finding great hires? Guest Bio Mike Michalowicz is an author, speaker, and serial entrepreneur with years of experience building strong and successful companies. He is the creator of the "Profit First Formula", a way for businesses to ensure profitability from their very next deposit forward. Mike has run multiple million-dollar ventures, is a former small business columnist for The Wall Street Journal; is the former MSNBC business make-over expert; is a popular keynote speaker on innovative entrepreneurial topics; and is the author of Profit First, Surge, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed "the entrepreneur's cult classic." Get a free copy of Profit First and $50 when you sign up for the Relay, the official Profit First bank at https://banklikemike.com. Pre-order Mike's latest book, "All In: How Great Leaders Build Unstoppable Teams" here.

Far too many business owners find themselves working hard, pouring into their ventures with nothing to show for it at the end of each year. It's not because their businesses are failing, it's because they haven't mastered profit. Mike Michalowicz's Profit First system has made thousands of businesses profitable and changed how we do things around here. What's the psychology behind the system? What problem does Mike want to solve with his new business? In this episode, Mike returns to the show to share why Profit First is so powerful and gives us the details of his upcoming book. Three Things You'll Learn In This Episode Reverse engineer your profitability Why do we become more profitable when we think more frugally? How to find employees who think like owners What holds businesses back from finding the best talent? Solving the greatest recruiting problem What can sports teams and large corporations teach us about finding great hires? Guest Bio Mike Michalowicz is an author, speaker, and serial entrepreneur with years of experience building strong and successful companies. He is the creator of the "Profit First Formula", a way for businesses to ensure profitability from their very next deposit forward. Mike has run multiple million-dollar ventures, is a former small business columnist for The Wall Street Journal; is the former MSNBC business make-over expert; is a popular keynote speaker on innovative entrepreneurial topics; and is the author of Profit First, Surge, The Pumpkin Plan and The Toilet Paper Entrepreneur, which BusinessWeek deemed "the entrepreneur's cult classic." Get a free copy of Profit First and $50 when you sign up for the Relay, the official Profit First bank at https://banklikemike.com. Pre-order Mike's latest book, "All In: How Great Leaders Build Unstoppable Teams" here.