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Join Mike Cavaggioni with Patrick Grimes on the 191st episode of the Average Joe Finances Podcast. Patrick shares how to truly diversify your real estate investments with non-correlated assets, and partner up for effective scaling.
In this episode, you’ll learn:
About Patrick Grimes:
Patrick has fifteen years of experience in active real estate investment: purchasing distressed assets, renovating, and stabilizing for long-term cash flow. His portfolio includes controlling ownership over 4000 units in emerging markets across Texas and the South Eastern United States.
In addition to his real estate experience, Patrick holds a Bachelor of Science in Mechanical Engineering from the University of the Pacific, and a Master of Business Administration and a Master of Science in Engineering from San Jose State University. He has spent 15 years in corporate America working for machine design firms to concept, design, and build one-of-a-kind custom manufacturing automation and robotic systems. In addition to working closely with the technical engineering teams, he travels globally to negotiate contracts and secure multi-million dollar investments for automation programs. He has leveraged his corporate experience and real estate knowledge to help pave the way for future success.
Find Patrick on:
Website: https://investonmainstreet.com/
LinkedIn: https://www.linkedin.com/in/patricksgrimes/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
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Join Mike Cavaggioni with Brad Barrett on the 190th episode of the Average Joe Finances Podcast. Brad shares the objective numbers when it comes to achieving financial independence before traditional retirement.
In this episode, you’ll learn:
About Brad Barrett:
Brad Barrett is a Managing Director and Partner at One Capital Management, LLC, a private wealth advisory firm managing $5 Billion in Assets. With nearly 20 years of experience in the financial services industry, he is passionate about finding new ways to educate investors.
Having the heart of a teacher, he shares his knowledge and experience through his weekly YouTube, Podcast, and Radio Show, “Make Your Money Matter”. His show aims to change the way people think about financial advice, so they can make better decisions with their money.
A sought-after public speaker, Brad has educated thousands of people planning for financial freedom across the country. His book, Retire Right, hit the shelves in 2021 and serves as a guideline for aligning goals and objectives when it comes to investment and financial planning.
Find Brad on:
Website: www.onecapital.com
Instagram: https://www.instagram.com/makeyourmoneymatter
YouTube: https://www.youtube.com/@makeyourmoneymatter
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
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Join Mike Cavaggioni with Alex Olson on the 189th episode of the Average Joe Finances Podcast. Alex shares how he was able to help clients identify and close real estate transactions in the Kansas City market through the 1031 exchange process
In this episode, you’ll learn:
About Alex Olson:
Alex is an established commercial real estate agent who assists buyers in navigating multifamily property investments throughout Kansas and Missouri. Alex has a breadth of knowledge in acquiring and managing commercial real estate as an investor himself. With an extensive portfolio and over 15 years of experience, he has built a system to ensure buyers succeed; the Buyer Representation Success System (BRSS). He insightfully serves his clients by identifying opportunities and maximizing value in the disposition. In 2021 alone, Alex completed over 30 transactions in the multifamily and NNN (triple net lease) investment space resulting in over $40 million sold.
As an expert in the complex subject of 1031 Exchange, Alex has been a highly sought-after podcast guest across the country. He effortlessly explains how (in-state and out-of-state) investors can maximize their 1031 exchange transactions and avoid capital gains taxes through identifying cash-flowing deals, developing a trusted team, and ensuring that their 1031 exchange money is secure. Alex has built a solid reputation by going above and beyond for his clients. He takes the time to understand their real estate goals and develop strategies for the greatest return.
Find Alex on:
Website: https://xchangecre.com/
LinkedIn: https://www.linkedin.com/in/aolson/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
Join Mike Cavaggioni with Jonathan New on the 188th episode of the Average Joe Finances Podcast. Jonathan shares about accomplishing big goals through teamwork, scaling up from single-family to $100m+ AUM of multi-family, and life balance/stress management.
In this episode, you’ll learn:
About Jonathan New:
Jonathan, originally from Anniston, AL, graduated from Auburn University in 2004 with a degree in Psychology and received his commission as an Ensign in the US Navy. During his 17 years of Naval service, he also earned his Master of Science in Defense Analysis from the Naval Postgraduate School in Monterey, CA.
During his Navy career, he has had the privilege to lead a department of 226 Sailors while managing an annual budget of $6.5M. In 2007, Jonathan bought his first house while stationed in Jacksonville, FL. He rented this house while stationed in Japan, Hawaii, San Diego, Monterey, Rhode Island, Washington DC, and Virginia.
20.06M of investor capital to actively acquire real estate in the Hampton Roads, VA area, accomplishing 13 single family flips, developing 21 single family rentals, closing seven multi-family syndications of 396 units total, including a 104-unit acquisition with Phil Capron, and overseeing $8.43M in renovations in both residential and commercial real estate.
As of March 2022, Jonathan’s total portfolio accounts for $61.8M AUM.
Jonathan is a two-time guest on Anthony Pinto’s “The Lessons in Real Estate Show,” Active Duty Passive Income’s podcast, a founding member of Alex Breshear’s Private Lending Lessons Group, a frequent presenter in ThInk’s local investor meetups, and is a mentor to several budding entrepreneurs estate, he has added 8 commercial cash-flowing properties to his portfolio.
Find Jonathan on:
Website: www.fwcinvestments.com
Facebook: https://www.facebook.com/FWCInvestments/
Instagram: https://www.instagram.com/fwcinvestments/
Youtube: https://www.youtube.com/channel/UC3HcDQEEuKsS6GsibsinDDA
LinkedIn:
https://www.linkedin.com/company/fair-winds-capital-investments/ https://www.linkedin.com/in/jonathan-new-6800471b5/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
Join Mike Cavaggioni with CJ Calio on the 187th episode of the Average Joe Finances Podcast. CJ shares his journey from residential to commercial properties and the mental and emotional challenges he faced to become a full-time investor.
In this episode, you’ll learn:
About CJ Calio:
C.J. is an out-of-state investor specializing in cashflow and the buy-and-hold strategy. One of the tools he has used over the years to grow his portfolio to over 90 doors is the BRRRR method.
He has now taken the experience and knowledge of doing the BRRRR in residential and carried it into commercial real estate. Since jumping into commercial real estate, he has added 8 commercial cash-flowing properties to his portfolio.
Find CJ on:
Website: https://wnnproperties.com/
Facebook: https://www.facebook.com/wnnproperties
Instagram: https://www.instagram.com/wnnproperties/
Youtube: https://www.youtube.com/channel/UC4JunvMppOQqzpmtr0Zseag
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
Join Mike Cavaggioni with Kyle Healy on the 186th episode of the Average Joe Finances Podcast. Kyle shares his expertise in utilizing various real estate approaches to generate wealth.
In this episode, you’ll learn:
About Kyle Healy:
Kyle Healy created Creating Generational Fire to be able to help people secure a better financial future for themselves and their families. His go-to investing vehicle is real estate and broad based index funds. He started investing in real estate in 2020 and has since grown the portfolio to 18 units, while working a full time job and raising a family.
Find Kyle on:
Website: https://www.creatinggenerationalfire.com/
Instagram: https://www.instagram.com/creatinggenerationalfire/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
Join Mike Cavaggioni with Brett Swarts on the 185th episode of the Average Joe Finances Podcast. Bret shares his passion about educating high net worth individuals in capital gains tax deferral with a Deferred Sales Trust.
In this episode, you’ll learn:
•Deferring capital gains tax on the sale of a business or primary home
•Escaping hostage to 1031 exchange or rescue a failed 1031 exchange
•How to grow CRE Syndication Business using Deferred Sales Trust
•Building a tax-deferred wealth plan
•And much more!
About Brett Swarts:
Brett Swarts is considered one of the most well-rounded Capital Gains Tax Deferral Experts and informative speakers in the U.S. He is the Founder of Capital Gains Tax Solutions, is an exclusive Deferred Sales Trust Trustee, host of the Capital Gains Tax Solutions podcast and an eXp Commercial Multifamily Broker in Sacramento, CA and Saint Augustine, FL.
His Millionaire Clients are challenged to create and develop a tax-deferred transformational exit wealth plan using The Deferred Sales Trust so they can create and preserve more wealth. Each year, he equips hundreds of Millionaires to break out of capital gains tax jail. He also equips CRE Syndicators & other business professionals with the DST tool to help their high-net-worth clients break out too.
His experience includes numerous Deferred Sales Trusts, Delaware Statutory Trusts, 1031 exchanges and $500,000,000 in closed commercial real estate brokerage and Deferred Sales Trust transactions. He’s an active commercial real estate broker and investor with brokerage experience and ownership in multifamily, senior housing, retail, medical office, and mixed-use properties. He is a licensed California Real Estate Broker who has held series 22 and 63 licenses.
Brett was formerly an associate at one of the largest CRE Brokerage firms in the country (Marcus & Millichap), is also a Multifamily Broker with eXp Commercial. Brett lives in Sacramento, California, with his wife, Melanie and their 5 children.
Find Brett on:
Website: www.capitalgainstaxsolutions.com
Facebook: https://www.facebook.com/capitalgainstaxsolutions/
Youtube: https://www.youtube.com/channel/UCAykQNmIWZ0KARBeVWcQxUA
Instagram: https://www.instagram.com/deferredsalestrust/
LinkedIn: https://www.linkedin.com/in/brett-swarts/
Twitter: https://twitter.com/1031option
Bigger Pockets: https://www.biggerpockets.com/users/BrettSwarts
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
Join Mike Cavaggioni with Andrew Jarrett and Nic Cooper on the 184th episode of the Average Joe Finances Podcast. Andrew and Nic share their strategies and expertise on entering the multifamily space.
In this episode, you’ll learn:
About Andrew Jarrett:
Andrew Jarrett is a native of Western New York, where he was part of numerous profitable redevelopment opportunities on single family homes. He founded a property management company which managed single family and multifamily units. He sold the company and shifted his focus to the acquisition of smaller multifamily and single family investment properties in Western New York.
Andrew currently holds several hundred rental units in this market with in-place management and maintenance teams. Andrew is also a #1 Bestselling author and the host of “The Passive Road to Retirement” podcast. He scaled his investments to the acquisition of large Multifamily apartment complexes. In the past two years he has gone “full cycle” on several hundred units, located in Florida and Georgia.
About Nic Cooper:
Nic Cooper saw the power of cash-flowing assets with his single-family rentals but was ready to scale. He sold his remaining single-family rentals in San Diego and got his wife, Jamie on board to reinvest in real-estate on a larger scale. Together they purchased a 24 unit apartment complex in Ohio to create passive income.
Nic brings a pilot’s precision and analytical mind to multifamily real estate with over 22 years as a military helicopter pilot. At present Nic owns 172 units in TX, AL, OH and VA with $11.3MM assets under management.
Find Andrew on:
Website: https://www.jarrettcapital.com
Instagram: https://www.instagram.com/andrewjarrett_/
Facebook: https://www.facebook.com/andy.jarrett.12
LinkedIn: https://www.linkedin.com/in/andrewjarrett
Youtube: https://www.youtube.com/@passiveroadtoretirement
Find Nic on:
Website: https://www.hudsonbluemf.com
Facebook: https://www.facebook.com/nic.cooper.58
LinkedIn: https://www.linkedin.com/in/nic-cooper-abaab057
Instagram: https://www.instagram.com/hudsonbluemf
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
Join Mike Cavaggioni with Michael Elefante on the 183rd episode of the Average Joe Finances Podcast. Michael shares how a short-term rental can help you achieve financial freedom.
In this episode, you’ll learn:
About Michael Elefante:
Michael is a real estate investor, content creator, and entrepreneur. He and his wife became financially free at 27, just one year after investing in short-term rentals. Just 2.5 years later, they’ve scaled to six short-term rentals that generate over $80k per month and $40-50k cash flow per month. Michael is an avid online educator and sells a variety of resources to help others jumpstart their journey to financial freedom.
He is the founder of Airbnb Investor Academy, which launched in April 2021, and has generated nearly $1M in course and coaching sales in the first 16 months. Once Michael and his wife became financially free, they quit their 9-5 jobs and traveled in a camper van for 12 months, before settling down on Lake Keowee, SC.
Michael has participated in numerous podcasts, webinars, and in-person speaking events over the past two years. He has around 1M followers across Tik Tok, Instagram, and YouTube. His niche is short-term rentals and finding ways to achieve financial freedom. Michael preaches that anyone, regardless of age or current position in life, can achieve financial freedom in the next 1-2 years.
Find Michael on:
Website: https://bnbinvestoracademy.com
Youtube: https://www.youtube.com/c/MichaelElefante
Tiktok: https://www.tiktok.com/@melefante6
Instagram: https://www.instagram.com/melefante6/
LinkedIn: https://www.linkedin.com/in/michael-elefante-40111ba3/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
Join Mike Cavaggioni with David Bruce on the 182nd episode of the Average Joe Finances Podcast. David shares some secrets in banking strategy to help you pay off your mortgage fast.
In this episode, you’ll learn:
About David Bruce:
David is a Director at Accelerated Banking, a program that helps homeowners pay off their mortgages faster so they can achieve their financial goals sooner.
Thousands of homeowners have used the program to pay down their mortgages in under seven years, save up to 70% on mortgage interest, and fast-track their retirement.
He is also the Co-author of Break Free From Your Mortgage: The Secret Banking Strategy To Help You Pay Off Your Mortgage Fast, which reveals mortgage traps that have prevented millions of homeowners from accumulating wealth and achieving financial freedom.
The book has sold thousands of copies and has been featured on leading media outlets, including FOX News, Business Insider, CBS, and Money.
David has 28+ years of expertise in the mortgage business and has owned four mortgage companies over the course of his career.
He became excited about assisting millions of homeowners become mortgage free after learning about the accelerated banking strategy in 2006 when an Australian bank introduced the program to the US.
Find David on:
Website: https://acceleratedbanking.com/home48912905
LinkedIn: https://www.linkedin.com/in/david-bruce-a914a084/
Youtube: https://www.youtube.com/@acceleratedbanking9585/
David’s Book: https://www.amazon.com/Break-Free-Your-Mortgage-Strategy/dp/1087973627
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Send us Fan Mail
Support the show
From the publisher's feed
On this podcast we discuss how to create passive income from real estate, investing, side hustles and more. Our mission is to show people that financial independence is possible no matter their…