Money School Podcast

For a very long time, real estate has been touted as the safest, smartest investment known to man, but what about right now? There's tremendous pressure on the housing market, interest rates are going up, and we're due for a very painful economic correction. Many people will tell you this is a great time to take action, and that there's opportunity everywhere, but if you get too comfortable in these conditions, you might be in trouble. So, is it worth investing in real estate right now? In this episode, I'll share how to navigate investing in real estate with all the crazy things happening in the economy. Three Things You'll Learn In This Episode How to avoid losing all your money What are the rules of engagement for investing in this real estate market? The best time to buy real estate There's still too much greed, hope, and speculation to take action - so when is the right time to strike? The biggest investing lesson What can we learn from the people who survived the recession in 2008 and even the dotcom crash? 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 today's market, everyone seems to be a wholesaler - but instead of making a great deal of money, they are stuck chasing their tails, competing over tiny fish in a tiny pond. Commercial real estate, on the other hand, is giving investors the opportunity to earn in one deal, what wholesalers earn through multiple properties. Why waste time fighting over tiny deals and profits in wholesaling when you can earn 98% more than all the wholesalers spinning their wheels? Why is there so much profit up for grabs in commercial real estate? In this episode, entrepreneur and commercial investor, Trent Ellingford shares why he's opted for this niche over residential investing. Three Things You'll Learn In This Episode Why we should consider switching investing niches Is the party over for wholesalers? The opportunity most investors are sleeping on How do we stop going out after scraps in the residential market and start getting meaty high-value deals elsewhere? How to solve the challenge of raising capital Can you invest in large commercial properties without a lot of your own money? Guest Bio Trent Ellingford is an entrepreneur, commercial real estate investor and coach. He's teaching residential investors how to make more money by switching to the commercial property niche. For more information, follow @trent_ellingford on Instagram, or book a call with him over at https://trentellingford.com. Text 'PMC' to 33777 for exclusive updates on the Private Money Club and to RSVP to the virtual livestream of the app launch!

The concept of mailbox money or passive income has become so bastardized it's lost a lot of its meaning and power. Some of the investment channels that are touted as passive actually require a lot of heavy lifting and active management. Passive income means having the freedom to live your perfect day, and having money rolling into your bank account while you're on vacation, and there's a hugely untapped niche you can go after to create it. How do we tap into a wealth category most people overlook? In this episode, CEO and Founder of 0 Dollar Startup, Roger Comstock shares how he's helping people build valuable businesses that give them true freedom. Three Things You'll Learn In This Episode How Roger identified a lucrative gap in the market What is the most valuable thing for practitioners in the home services niche, and how can you supply it effortlessly? Why digital assets are beginner-friendly Do you need a crazy social following to make digital assets work for you? The zero-dollar framework How can we capitalize on the best investing opportunities while keeping our risk low? Guest Bio: Roger Comstock is a serial entrepreneur who has developed an affinity and obsession for business and helping people. He teaches individuals how to start recurring revenue businesses without Venture Capital, Debt or Real Estate through the utilization of digital assets. He is the CEO and Founder of 0 Dollar Startup, Tuple, Flipr, and Comstock Consulting. Roger loves being with family - especially his sweetheart Kayla. She is literally his best friend. He enjoys being outside, golfing, camping, learning, thinking, reading, laughing, accomplishing goals, and helping people understand and reach their potential. He has a goldendoodle named Max who is basically a shadow wherever Roger goes. For more information on Roger's coaching programs, head to 0dollarstartup.com and follow @Roger.comstock on Instagram.

Thanks to higher-than-usual levels of inflation, we're seeing mass panic and fear - and where there's panic, bad financial decisions are sure to follow. There are a lot of people trying to buy up as much as they can while their dollars are worth more. Unfortunately, these people are due for a world of hurt by making long-term decisions in a bid to solve a short-term, cyclical problem. Should you be conforming to what everyone's doing right now? What's the smart way to prepare for the coming financial downturn? In this episode, I talk about why it's more important than ever not to fall into the trap of irrationality so many people are in right now. Three Things You'll Learn In This Episode The importance of paying attention to the macroHow do we use history to get a better perspective on the inflation rates people are panicking about? Why the summer of revenge will end in tears What do we miss out on if we conform to everyone else trying to buy as much as possible right now? How to protect your wealthWhat's the worst place to be when the Fed inevitably tanks the stock market? 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.

For entrepreneurs, nothing takes more mental and emotional horsepower and causes more stress than a big launch. Whether you're launching a new product or an entirely new business venture, the process of bringing an idea to fruition takes a lot out of us and requires the full force of our problem-solving abilities. Taming stress, getting out of our heads and knowing when to disengage from the project is a skill set that eludes many entrepreneurs, causing a spiral of counterproductive emotions and thoughts. How do we manage this stress so it doesn't drain all our best mental and emotional resources? In this episode, I'm sharing some exciting news on a huge launch I've been working on and discussing how to manage stress in the buildup. Things You'll Learn In This Episode Why we end up a spiral of worry and anxiety How do we disconnect from a project and give ourselves a break from the intense mental horsepower required? The challenge many entrepreneurs face If we run multiple businesses, how do we use leverage to avoid carrying everything on our shoulders? The Private Money Club What's the story behind the new company I'm launching and the problem I'm looking to solve? 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.

Considering that we've been in one of the longest bull runs in history, a huge portion of the investors in the market have never lived through a downturn. Some of the models that have been thriving for the last few years have never been tested by a significant recession, and short-term rentals are at the top of that list. What will happen to this asset class if things shift? Is there a way to ensure the survival of short-term rentals right now? In this episode, real estate investor, entrepreneur and the co-founder of Techvestor, Sief Khafagi shares how he raised $16 million in 7 months and he shares a very astute assessment and financially sound strategy for leading his business through a recession. Three Things You'll Learn In This Episode The power of combining real estate and techIs it possible to combine the merits of short-term rentals with syndication to build a solid investment operation? How Sief and his team raised $16 million in 7 monthsWhat is the secret to raising capital if you don't have a money background? How to recession-proof a short-term rental operation What is Sief doing to make sure his business can remain stable when the market goes into a downturn? Guest Bio Sief Khafagi is a real estate investor, entrepreneur and the co-founder of Techvestor. He's been investing in real estate since 2009, doing everything from private lending, flipping and long term hold. The journey to cash flow and growth was hard. Incredibly time consuming, with lots of mistakes and over a decade of memories, both good and bad. Sief learned that having short term rentals in your portfolio for the cash flow can be a powerful wealth building strategy. For more information, visit https://techvestor.com and request an invite to find out how to get started.

Passive income is something many people salivate over, but few ever really achieve it. It often sounds like a pipe dream we hear on podcasts and from stages, but it is a possibility. How do people set up a system that earns thousands of dollars in the most hands-off, set-and-forget way? In 2020, Wealth Without Wall Street founders, Joey Mure and his business partner decided to test out various passive income strategies, and they went from earning $2,400 to $50,000 a month in the process. In this episode, Joey gives us a peek into his basket of passive income, and why building an empire is easier than it looks. Things You'll Learn In This Episode How to create opportunities for wealth with money you already haveWe're told that putting money in a 401k or IRA is the responsible thing to do, but are we siphoning off massive opportunities in the process? The key to a successful Airbnb operationHow did Joey take a condo that wasn't making money for 15 years and get it to net $2200 in cash flow in the first month? Why we have to shift our crypto mindsetAre we looking at crypto all wrong if we're expecting it to make us rich right now? How to get rich by investing in people The key to Joey's successful passive income strategies is finding ventures that didn't require them to start from scratch. How did they find them? Guest Bio Joey Mure is ​​co-founder, partner and host of Wealth Without Wall Street. Wealth Without Wall Street provides financial insight and tools to break free of the mindset and bondage of Wall Street. Joey and his co-founder Russ created a plan to help entrepreneurs create their vision of financial freedom. For more information visit https://www.wealthwithoutwallstreet.com. To find out how to start your own passive income journey, go to https://go.wealthwithoutwallstreet.com/gps. 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.

There are typically 3 ways we can go about purchasing a car - cash, financing, or leasing. The problem is, that each of these methods requires us to give up our best dollars for a depreciating asset. What if we could buy a car and actually get paid to own it? This is possible with a specially designed and engineered, whole-life insurance policy. By changing one thing, every car you'll ever own can actually make you more money. How does this system work, and what are all the additional benefits it gives us? In this episode, I'm going to share how to buy cars and get your money back for them. Three Things You'll Learn In This Episode What's the downside of buying a car in cash? How can we buy our dream car without losing the opportunity for that money to work for us? Why banks and wealthy families leverage their money differently Why do specially-designed and engineered whole-life insurance policies give us higher returns? The advantage of borrowing money from your own bank What's the difference between a traditional loan and a loan from our own banking system? 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.

Real estate has made more millionaires than any other investing vehicle - you can make money through flips, buy-and-holds and even Airbnbs, but what if you could make a ridiculous amount of money in real estate without owning a single home? This is possible if you become the bank, and provide the one thing every investor needs more than anything else - capital. But do you need millions of dollars or hundreds of flips to become the bank? In this episode, I'm going to tell you about my own investing journey and why these days, I'm choosing to offload properties. Three Things You'll Learn In This Episode The smart way to get into real estate today Why do hard money lenders have the easiest job in real estate? Acting rich vs. being wealthy How will the looming recession separate the people who truly have capital to deploy from everyone else? How do you get on the right side of that divide? What wise investors are doing differently right now Why am I choosing to sell off the majority of my rental portfolio at a time where many people are buying on steroids?

When you deposit your hard-earned money in the bank, where does it go? Into some huge vault or account where it sits untouched for years? Nope - not at all. Banks make your hard earned money go to work for them because you were taught to give up control to traditional banks. Then they use your money to multiply their own to the tune of trillions, while you miss out on returns because you're following their 'advice'. When it comes to banks, do what they do, not what they say. So where are banks putting their Tier 1 money, and what are they doing with it? It's time to take back control of your money, and the time is now! In this episode, I'm going to tell you about one of the best kept secrets of the banking world - BOLI. Three Things You'll Learn In This Episode What wealth gurus aren't telling youWhy would banks buy whole life insurance when it's "the worst place" to put your money? How banks have engineered insurance to their own advantageMost banks are absolutely heaving with VPs in every department. What do they get out of it? Why they don't want you to become your own bank Can you do exactly what the banks are doing to make yourself wealthy?