October 01, 2023

136. Real Estate Investor Bronson Hill on ATMs, Car Washes, and Creating Consistent Cash Flow

48 minutes

Are you looking to diversify your portfolio beyond traditional stocks and bonds? Tune into the latest episode featuring real estate investor Bronson Hill. Bronson shares fascinating insights from his career transitioning from medical device sales to owning over $200M in multifamily units. He discusses alternative assets like ATMs, car washes, and oil/gas that can generate consistent cash flow.

About Bronson Hill

Bronson Hill is a multifaceted professional with expertise across various roles. As the managing member of Bronson Equity and general partner in 2,000 multifamily units valued at over $200 million, he excels in the real estate industry. He is also the host of the “Mailbox Money Show” podcast and author of How to Use Inflation to Your Advantage.

Here are some power takeaways from today’s conversation:

[04:13] Bronson’s journey from medical sales to real estate investing

[09:59] The power of education

[11:32] The importance of creating multiple income streams

[13:04] Using inflation to investors' advantage with real assets and debt

[23:21] Different types of alternative investments

[32:24] Vetting oil and gas investment partners

[35:23] Due diligence for real estate investments

Episode Highlights:

[10:11] Breaking the Myth About Self-Made Millionaires and the Power of Learning

A study by Fidelity Investments revealed that 88% of millionaires are self-made, challenging the belief that wealth is only inherited or reserved for the privileged few. Continuous learning is key to achieving financial success. Whether through education, career advancement, or entrepreneurship, lifelong learners have actively sought knowledge and expanded their skill sets to accumulate wealth.

[13:05] The Impact of Economic Issues and Inflation on Asset Values

Money in the bank loses value to inflation. Real estate and other cash-flowing assets are valuable during economic issues or inflation, as they hedge against inflation, appreciate, and generate passive income. Investors must consider these factors to avoid losses. Investing in real estate or tangible assets protects investments from economic trends, providing stability and steady rental income. It's an attractive option for investors seeking financial security.

[23:21] Different Types of Alternative Investments

Real Estate - Bronson got his start in single-family homes before moving to multifamily apartments and syndication. Real estate can include commercial properties like storage units as well.

ATMs - Bronson is invested in ATM machines through a fund, which provide very consistent monthly cash flow from transaction fees.

Car Washes - This is a newer asset class that Bronson discussed, as large operators are consolidating the fragmented industry. Car washes have potential for cash flow and appreciation.

Oil and Gas - While at higher risk, certain oil and gas deals like non-operated working interests can generate income through royalty payments and appreciation if operated efficiently.

Precious Metals - Bronson stores physical gold and silver and can borrow against the value for liquidity needs at lower interest rates than typical loans.

Private Lending - Providing loans to real estate developers and businesses can generate returns, though due diligence on borrowers is crucial.

This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.

Resources Mentioned:

www.bronsonequity.com

Podcast Recommendations:

Mailbox Money Show

The Daily Audio Bible

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By PassivePockets, Jim Pfeifer, and Left Field Investors

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