Adulting Is Easy: Making Personal Finance & Real Estate Easy

This week, Lauren interviews Brian Feroldi about the stock market. They cover what stocks are, what the indexes are and where they came from, and why the stock market goes up and down. They talk index funds vs. individual stocks as well, and how you can buy and own them. If you're at all confused about the stock market or if you're trying to decide whether to invest at all, you should listen to this. Highly recommend for general mindset and conviction as well!

About Brian:

Brian Feroldi is an author, speaker, youtuber, and financial educator. He loves to help people do better with their money.

Connect with Brian:

https://twitter.com/BrianFeroldi

https://www.youtube.com/brianferoldiYT

Buy Brian's Book, Why does the stock market go up?:

https://www.amazon.com/Why-Does-Stock-Market-Everything/dp/1735066168/ref=pd_cart_vw_crc_2_2/131-3070720-9680955

Brian demystifies the Dow, S&P, and Nasdaq. He lays out what it means to build a business and go public. Brian tells readers about the P/E ratio and why it's important. He describes stock market crashes. He outlines compounding. He even talks about financial advisors and avoiding big mistakes, like trying to time the market. Basically, he tells us why the stock market goes up!

This week, Stephen Wealthy, Clint Murphy, Tom the Frugal Gay, and Lauren (Adulting Is Easy) brought guest Paul on to tell us about his recent turnkey real estate investment in Ohio. We talked metrics, like the 1% rule and cash on cash return. The group discussed financing, LLCs, down payment, the wire transfer, and cash flow. Paul told us how he's going to use leverage to scale up using a refinance. He told us about building a team long distance. Of course, Tom had a lot to share as well, as he has 7 doors in Dallas and 14 in Toledo, Ohio. And finally, Paul told us about his lessons learned and what he'd do differently next time.

Suggested Book: Long Distance  Real Estate Investing by David Greene

Connect:

https://twitter.com/IAmClintMurphy

https://twitter.com/Thefrugalgay11

https://twitter.com/AdultingIsEasy

https://twitter.com/StephenCFU_

https://twitter.com/Brittonnorth

-- Please note that this information is meant to be just that. Please consult your accountant, financial advisor, and other professionals about your specific situation. --

This week, Lauren interviews Sarah Glidewell about short-term rental arbitrage. Sarah went from $20k in student debt to saving $20k to invest in real estate on only a $50k salary. She dove into rental arbitrage JUST before the COVID-19 pandemic and still was able to thrive. According to Sarah, she “experienced failure so fast” and the stock market just isn’t creative enough for her. Who wants to stare and red and green lines all day? She gives some great tips on how to handle rejection, how to communicate to landlords, and what NOT to do when starting out on Airbnb. Her biggest advice is to take the leap now, and you’ll be motivated to do just that after listening to this episode.

About Sarah:

Sarah Glidewell started STR arbitrage in October of 2019. She went from 1 to 4 units in March of 2020, the week the pandemic hit - and her properties were in downtown Dallas, where travel came to a screeching halt. Even with an extremely bumpy start, she’s since continued refining her arbitrage portfolio, built a design business with her best friend, joined a startup called SuperhostLabs, and has entered the ownership game. 

Connect with Sarah:

https://twitter.com/TheKarWells

https://twitter.com/SuperhostLabs

https://www.instagram.com/thekarwells/

& TikTok!

Subscribe to my YouTube! https://www.youtube.com/channel/UCtKGYc18MdUa-sEztHUp9kQ

This week, Lauren interviews Nikki Rogers about reselling product. Nikki tells her story about how she got started and her journey over time to selling Amazon FBM (fulfilled by merchant) to Amazon FBA (fulfilled by Amazon). What started as a stay at home mom buying her own lunch once per week has grown into much more. She even tells you what you need to get started - and it's not nearly as much as you'd think! If you've been considering flipping as a side hustle or just want to learn more about it, this is fascinating!

About Nikki:

Nikki Rogers, a stay-at-home mom who’s first goal is to be a good parent and wife. However, she also wants to retire early with her husband, so Nikki is on a journey to out earn him! She resells items, primarily on Amazon, and puts the proceeds in index funds until she has enough to buy real estate. Nikki currently owns 3 SFH rentals, which she self-manages. Nikki is also a limited partner in 5 syndications, which are primarily in multifamily, with one light industrial investment.

Connect with Nikki:

https://twitter.com/NikkiRogersOP

This week, Clint Murphy, Tom the Frugal Gay, and Lauren (Adulting Is Easy) talked mindset on #WealthWednesday. Listeners will walk away with actionable advice to improve their mindset and almost guarantee success. Lauren's partial to to-do list and being a realistic time manager. Clint is very focused on an abundance mindset, being kind, and showing up. Tom shared real-life stories. We had many guests come up and add to the discussion as well as ask questions.

Suggested Books: 7 Habits of Highly Effective People, Atomic Habits, Feeling Good the New Mood Therapy

Connect:

https://twitter.com/IAmClintMurphy

https://twitter.com/Thefrugalgay11

https://twitter.com/AdultingIsEasy

https://twitter.com/thehouseofAC

-- Please note that this information is meant to be just that. Please consult your accountant, financial advisor, and other professionals about your specific situation. --

This week, Lauren brings you her interview with Tiffany from Money Talk with Tiff. The two cover mindsets and goal-setting. As a financial counselor, Tiffany knows how to make getting started approachable and doable. Thinking and talking about your finances can be difficult, and Tiffany talks about her approach to helping clients set goals, get out of debt, and reach financial goals. There are no mistakes, only learning opportunities when it comes to finances and budgets. Even if you're already on your path, this interview will keep you in the right mindset to keep going. 

Tiffany Grant, an Accredited Financial Counselor and award-winning personal finance blogger, podcaster, coach, and educator. She has been featured on Yahoo Finance, CNBC, Essence, and Acorns as an expert on side hustles, business, and money. Tiffany has helped many people become more in tune with their money by providing financial education in a down-to-earth and relatable format! She graduated with a Bachelor of Business Administration and Management from the University of North Carolina at Pembroke. In addition, she holds a Master of Business Administration from the University of North Carolina at Greensboro. Tiffany also holds the SHRM-CP designation and is a Lean Six Sigma Yellow Belt.

Connect with Tiffany:

https://www.facebook.com/moneytalkwithT/

https://twitter.com/MoneyTalkWithT

https://www.instagram.com/moneytalkwitht/

https://www.linkedin.com/in/tiffanygrant1/

https://www.facebook.com/moneytalkwithT/

Sponsored by:

Jasmine Mortgage Team

https://www.jasminemortgageteam.com/

This week, Lauren interviews Joe about his rental business, which includes both long- and short-term rentals (STRs/Airbnbs). Joe makes a great case for having both in your portfolio for diversification purposes, and you can diversify even further if you learn to get direct bookings in addition to Airbnb and Vrbo. He uses a Facebook group to get more direct bookings. If you're wanting to learn more about all aspects of investing in STRs, this is for you!

About Joe:

Joe Mease is a 42-year-old, married, father of 2, living and operating out of Denver, CO. Over the past 20 years, he and his wife have built a portfolio of 9 long-term rentals and 3 short-term rentals. When not juggling property management, he enjoys spending time with his family, going out to eat, attending local festivals and events, and traveling.

Connect with Joe:

https://twitter.com/Fire5280

FREE STR Resources:

https://adultingiseasy.gumroad.com/

Sponsored by:

Jasmine Mortgage Team

https://www.jasminemortgageteam.com/

This week, Stephen Wealthy, Tom the Frugal Gay, and Lauren (Adulting Is Easy) talked real estate on #WealthWednesday with Alan Corey. As a reminder, Alan has over 350 rental units, so his advice is valuable. He's from New York and now lives in Atlanta. Tom was calling in from Toledo, Ohio, where more than half of his portfolio is, and we even heard from one of his financial coaching clients! Tom and Alan discussed owning rentals in areas where car chases happen. Tom ate some Burger King chicken nuggets. Stephen grilled Lauren on short-term rentals, and Tom chimed in, as he's opening his first STR soon, So, we covered long-term rentals, short-term rentals, renovations, rents, rental property analysis, starting an Airbnb, and so much more.

Resources mentioned by Lauren: https://adultingiseasy.gumroad.com/

Connect:

https://twitter.com/StephenCFU_

https://twitter.com/Thefrugalgay11

https://twitter.com/AdultingIsEasy

https://twitter.com/thehouseofAC

-- Please note that this information is meant to be just that. Please consult your accountant, financial advisor, and other professionals about your specific situation. --

This week, Lauren brings you her interview with a tech CEO who has had one successful exit and is now on to his next venture. Litan Yahav is a wealth (pun intended) of knowledge about starting, growing, running, and exiting a business. He gives us his take on entrepreneurship, whether you're born or made one. He tells us how to pick a business partner - something called The Beer Test. Litan provides insight into the ins and outs of the tech world, startups, funding, and creating a minimum viable product. Lauren left this interview even mroe excited to grow her businesses, and you may well leave it ready to start or grow your own.

About Litan:

Litan Yahav, a former Israeli Navy officer, who together with his co-founder Tomer Salvi, established and successfully sold "Segoma", a revolutionary diamond display technology that disrupted the global diamond industry. Following their exit, both became passive RE/PE investors with complex & diverse investment portfolios. With no existing technological solution to manage, track, and monitor their wealth and a full range of investment assets, they decided to build a start-up for planning and controlling their wealth and the wealth of others like them, and so Vyzer was born.

Connect with Litan:

https://twitter.com/YahavLitan

https://www.facebook.com/litanyahav

https://www.linkedin.com/in/litanyahav/

SPONSORED by Vyzer, the most advanced platform to track and plan your passive income and net worth.

https://vyzer.co/

Crypto, mining, nodes, Bitcoin, Ethereum, Flux, Solana, Gemini, Terra, stable coins, BlockFI, Celsius, pools, rug pulls, avoiding crypto scams, even tokenized real estate. This week, Stephen, Tom, and Lauren brought in some miners to talk crypto with us. You're probably aware Stephen mines Ethereum, and he invited Andy (@ohhaiandy) and David (@UncommonYield) to help demystify cryptocurrency and blockchain technology a bit. These passive income pros dropped a lot of knowledge on us, and we know you'll learn a lot too.

Connect:

https://twitter.com/StephenCFU_ Stephen's first guide: https://mywealthmoney.com/crypto-mining-start-guide-for-gaming-pcs/

https://twitter.com/IAmClintMurphy

https://twitter.com/Thefrugalgay11

https://twitter.com/AdultingIsEasy

https://twitter.com/OhHaiAndy Andy's YouTube: https://www.youtube.com/c/yourfriendandy

Andy's recommendations: River.com, Bankless Podcast, Strike

https://twitter.com/UncommonYield

-- Please note that this information is meant to be just that. Please consult your accountant, financial advisor, and other professionals about your specific situation. --