Average Joe Finances

Join us on Average Joe Finances as our guest Ted Thomas, a seasoned expert in tax defaulted properties and tax lien certificates, shares his journey from being an airline pilot to becoming a successful real estate investor, and how he stumbled upon the lucrative market of tax defaulted properties and tax lien certificates.

In this episode:

• Understand Tax lien certificates as an investment opportunity where you pay the overdue property taxes and earn interest on your investment. If the property owner doesn’t redeem the certificate, you could acquire the property free of liens.
• Get to know how economic downturns, like a recession, can affect investments and the importance of adapting strategies in response to market changes.
• Learn why it’s crucial to educate yourself thoroughly  and understand the investment process to avoid costly mistake before diving into tax lien certificates and tax defaulted properties
• Know the effective strategies for success in tax lien certificates and defaulted properties such as setting a budget, knowing your exit strategy, and avoiding emotional bidding (auction fever).
• And so much more!

Key Moments:

00:00:52 Ted Thomas' Background and Career Journey
00:01:36 Transition to Real Estate and Early Success
00:02:19 Facing Recession and Learning About Foreclosures
00:03:06 Discovering Tax Defaulted Properties
00:04:06 Educating the Audience on Tax Defaulted Properties
00:08:43 Navigating Auctions and Real Estate Strategies
00:13:57 Importance of Education and Avoiding Mistakes
00:19:17 Success Stories and Client Testimonials
00:23:38 Profitable Property Auctions
00:24:23 Understanding Redeemable Deeds
00:25:07 Navigating State-Specific Auction Rules
00:25:56 The Importance of Learning the Business
00:26:11 Success Stories and Strategies
00:27:46 Tax Lien Certificates Explained
00:30:21 Investing with the Government
00:34:10 Final Round: Ted's Insights and Advice
00:40:44 How to Learn More and Get Started
00:43:52 Closing Thoughts and Appreciation

Ted invites you to join his comprehensive six-hour class. Use the code "JOE50" for a discount on this invaluable learning experience. This class is the perfect starting point to learn from one of the industry's best. Visit www.tedthomas.com for more details and to sign up.

Find Ted Thomas on:

Website: https://tedthomas.com/
Youtube: https://www.youtube.com/@Ted-Thomas
Tiktok: http://www.tiktok.com/@taxsalesexpert
Facebook: https://www.facebook.com/TaxAuctionTed
Instagram: https://www.instagram.com/taxlienauthority

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://mikecavaggioni.com
About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Brent Kesler shares his journey from being a chiropractor to becoming a financial educator who helps people build, keep, and create wealth through the Infinite Banking Concept. Brent shares his personal success story of paying off nearly a million dollars in debt and emphasizes the importance of taking action, having the right mindset, and utilizing mentors.

In this episode:

• Discover how Infinite Banking uses a specially designed whole life insurance policy to create and build wealth by borrowing against the policy while earning interest.
• Learn about Brent Kessler's transition from a chiropractor to a financial expert who used Infinite Banking to pay off nearly a million dollars in debt in 39 months and founded The Money Multiplier.
• Understand how Infinite Banking can fund personal purchases, real estate investments, and business ventures. 
• Hear real-life success stories of individuals who used Infinite Banking to pay off debts, fund education, and achieve financial freedom.
• And so much more!

Key Moments:

00:01:51 Brent's Journey to Financial Freedom

00:02:53 Discovering the Infinite Banking Concept

00:04:32 Implementing the Concept and Paying Off Debt

00:06:01 Teaching and Spreading the Concept

00:10:57 Infinite Banking in Real Estate

00:12:00 How Infinite Banking Works

00:20:21 Real-Life Examples and Success Stories

00:26:41 Understanding Self-Borrowing for Purchases

00:28:01 Success Stories and Client Experiences

00:29:01 The Importance of Paying Yourself First

00:36:10 Final Round: Personal Insights and Advice

00:47:06 Resources and Closing Remarks

Find Brent Kesler on:

Website: www.themoneymultiplier.com

Instagram: www.instagram.com/the.money.multiplier/

Youtube: www.youtube.com/@the.money.multiplier

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Nicole Truszkowski shares her extensive experience in real estate, particularly in the luxury market. With over 30 years in the industry, Nicole delves into her transition from sports medicine to real estate, her methods for breaking into high-end markets, and her strategies for maintaining a thriving business. She also discusses her involvement in high-profile transactions, including sales for celebrities like Brad Pitt, and shares valuable tips for aspiring real estate agents.

In this episode:

• Nicole emphasizes building relationships within elite social circles and providing high-touch service and expert knowledge to succeed in high-end real estate.
• Nicole shares her diverse background in sports medicine, business administration, and club management, highlighting how these experiences equipped her with valuable skills for marketing and luxury service in real estate.
• Discover the importance of understanding and adapting to local market nuances, using a calculated approach to study competition and align strategies when moving to a new, affluent market.
• Learn practical advice on financial management, stressing the importance of living within one's means and smartly investing earnings to navigate market fluctuations and ensure business growth.
• And so much more!

Key Moments:

00:01:13 Guest Introduction: Nicole Truskowski

00:01:50 Nicole's Early Career and Transition to Real Estate

00:04:18 Building a Real Estate Career in Sacramento

00:06:10 Transition to Carmel and High-End Real Estate

00:08:21 Challenges and Strategies in High-End Real Estate

00:12:54 Working with Elite Clients

00:17:10 The Realities of High-End Real Estate Transactions

00:22:37 Selling America's Sweetheart's Home

00:23:59 Transitioning to Real Estate Development

00:25:07 Building a High-End Development Team

00:26:58 Challenges in Real Estate Development

00:27:42 Diversification and Financial Strategies

00:29:56 Long-Term Vision and Team Building

00:30:42 Financial Wisdom and Investment Strategies

Find Nicole Truszkowski on:

Website: https://truszkowskifreedman.com/

Facebook: https://www.facebook.com/nicole.truszkowski/

Instagram: https://www.instagram.com/nicole_truszkowski/

LinkedIn: https://www.linkedin.com/in/nicoletruszkowski/

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Rachel Capil shares her journey from starting a photography business nearly 20 years ago to thriving in the real estate market. She discusses the impact of COVID-19 on her businesses, the importance of video content, and the lessons learned from her grandfather about financial literacy and investing. Rachel also delves into the significance of mindset, relationships, and having multiple income streams.

In this episode:

• Explore Rachel’s journey from a passion for photography to a thriving entrepreneurial venture, demonstrating the power of turning a hobby into a profitable business.
• Learn how Rachel successfully transitioned to real estate, leveraging her background in commercial property management and using video marketing and YouTube to grow her business during the pandemic.
• Explore the importance of financial literacy and reinvesting earnings, sharing how early investments led to significant returns.
• Explore the power of a positive mindset and faith in overcoming challenges, as Rachel shared her personal experiences.
• Rachel provided practical advice for entrepreneurs, highlighting the need for backup income, good mentorship, and consistent saving and reinvesting.
• And so much more!

Key Moments:

01:40 Meet Rachel Capil: Entrepreneur and Real Estate Agent

02:36 Rachel's Journey: From Photography to Real Estate

04:12 Navigating the Real Estate Market During COVID

06:20 The Power of Compounding Interest and Financial Literacy

16:07 Balancing Multiple Income Streams and Mindset

21:35 Investing Lessons and the Importance of Ethics

28:18 Intuition and Financial Advisors

28:55 Retirement Goals and Financial Planning

31:13 Materialism and Character

34:46 Financial Mistakes and Lessons Learned

41:38 Real Estate Tips and Strategies

43:37 Mindset and Financial Security

47:07 Recommended Books and Resources

51:29 Closing Thoughts and Contact Information

Find Rachel Capil on:

LinkedIn: https://www.linkedin.com/in/rachel-capil-44aa039/

Photography Accounts:

Website:

https://www.photobizacademy.com/

https://www.rachelcapilphotography.com/

Facebook: https://www.facebook.com/rachelcapilphotography/

Instagram: https://www.instagram.com/rachelcapilphotography/

Real Estate Accounts:

Website: https://rachelcapil.kw.com/

Facebook: https://facebook.com/RachelCapilRealEstate/

Tiktok: https://www.tiktok.com/@rachelcapil

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Lisa Schader discusses her background and journey towards financial independence, emphasizing the importance of financial education, especially for women. She explores strategies for investing, budgeting, and empowering individuals to take control of their financial future. Lisa also highlights her approach to making financial topics engaging and accessible through her social media platforms and challenges

In this episode:

• Explore the importance of building a supportive financial community, emphasizing a mindset of abundance and shared success over competition.
• Learn the value of living below your means and prioritizing investing during the first ten years of your career, a strategy that helped Lisa and her husband achieve a million-dollar net worth before their forties.
• Empower women through financial knowledge, highlighting its necessity for preparing for unforeseen circumstances and ensuring long-term security.
• Address common financial myths and missteps, such as cash hoarding, and promote leveraging financial technology and robo-advisors for accessible investment management.
• And so much more!

Key Moments:

00:01:37 Special Guest: Lisa Shader from Money Fit Moms

00:03:31 Lisa's Background and Financial Journey

00:05:04 The Basics of Financial Independence

00:09:28 The Power of Early Investing

00:16:04 Empowering Women in Finance

00:22:12 Financial Confidence for Women

00:23:33 The Importance of Financial Awareness

00:26:51 Money Fit Challenge: Step-by-Step Guide

00:30:53 Navigating Financial Conversations in Relationships

00:35:13 Investing Tips and Mistakes to Avoid

Find Lisa Schader on:

Website: https://moneyfitmoms.com/

Instagram: https://www.instagram.com/moneyfitmoms

Twitter: https://twitter.com/moneyfitmoms

LinkedIn: https://www.linkedin.com/in/lisa-schader/

Threads: https://www.threads.net/@moneyfitmoms

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

In today's ever-changing financial landscape, there are few constants, but one universal truth remains: the importance of planning for retirement. 

Join us on Average Joe Finances as our guest Derek Mazzarell shares his journey from graduating in 2007 and working with Aflac to becoming a financial advisor at Gateway Financial Partners. The discussion covers important retirement planning misconceptions, the significance of not just aiming for a 'magic number' but ensuring long-term sustainability, and common financial mistakes like not diversifying tax buckets. 

In this episode:

• Derek Mazzarella emphasizes adopting a dynamic spending strategy over the static 4% withdrawal rule to better adjust spending based on market performance.
• The importance of diversification is highlighted, recommending a balanced approach across various assets to mitigate risks.
• Planning for unexpected expenses like home repairs or healthcare emergencies is discussed as crucial to a robust retirement plan.
• Derek advises younger investors to automate savings into different accounts and set up a "reverse budget" for steady financial growth.
• And so much more!

Key Moments:

00:01:36 Meet Derek Mazzarella

00:01:52 Derek's Financial Journey

00:03:19 Common Retirement Misconceptions

00:08:08 Planning for Unexpected Expenses

00:10:10 Diversifying Retirement Portfolios

00:15:02 The FIRE Movement and Personal Finance

00:24:01 Balancing Life and Finances

00:26:26 Investment Strategies and Mortgage Tips

00:29:01 Changes in Personal Finance Post-COVID

00:31:51 Final Round: Personal Insights and Advice

37:57 Derek's Book and Social Security Discussion

Find Derek Mazzarella on:

Website: http://mygfpartner.com

LinkedIn Page: https://www.linkedin.com/in/derekmazzarella

Facebook: https://www.facebook.com/MazzarellaFinancial

YouTube: https://www.youtube.com/channel/UCECWcetQoE_07hoxKCaLZBg/

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Greg Rubin shares his journey from starting as a prop trader in 2007, through the financial crisis, and eventually running a capital allocation program at Axi Select. He discusses the evolution of trading, risk management, and trade psychology, emphasizing the need for proper risk management to succeed in trading.

In this episode:

• Understand trade psychology, emphasizing successful trading is about probabilities, not timing.
• Learn risk management and trade psychology for avoiding costly mistakes and fast-tracked learning.
• Requisite balance between AI capabilities and human element in AI-driven businesses.
• Axi Select's tiered system for profit sharing, incentivizing traders to climb ranks for higher funding access.
• And so much more!

Key Moments:

00:01:00 Interview with Greg Rubin: AxiSelect Overview

00:02:17 Greg Rubin's Background and Career Journey

00:04:50 AxiSelect's Unique Trading Model

00:07:13 Benefits of AxiSelect for Traders

00:12:38 Risk Management and Quarantine Process

00:14:27 Adapting to Market Trends and AI in Trading

00:18:20 Understanding the Trading Program Structure

00:19:34 Dashboard and Performance Metrics

00:20:45 Healthy Competition and Community Interaction

00:21:09 Requirements to Access the Trading Room

00:22:08 Trading is a Marathon, Not a Sprint

00:23:01 Final Round: Personal Insights and Lessons

Find Greg Rubin on:

Website: www.axi.com

LinkedIn: www.linkedin.com/in/greg-rubin-9b85321b/?originalSubdomain=au

Facebook: www.facebook.com/axi/?_rdc=1&_rdr

Instagram: www.instagram.com/axi_official/

Twitter: www.twitter.com/axi_official

Youtube: www.youtube.com/AxiOfficialChannel

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Dale Wills shares his journey from humble beginnings to becoming a real estate and land development expert. He discusses the impact of high interest rates on the current housing market, strategies for new investors, and the importance of continuous learning. 

In this episode:

• Minnesota’s suitability for property development due to the presence of large firms and employment stability.
• Minimizing debt and exploring strategies to afford homes, like cohabitating or purchasing duplexes.
• Meticulousness and patience before entering the property market and executing detailed risk assessments.
• The increasing number of new residential developments and the pros of selecting new houses over pre-existing ones.
• And so much more!

Key Moments:

00:03:03 Dale Wills' Background and Journey

00:04:20 Real Estate Strategies and Insights

00:09:15 Challenges and Opportunities in Real Estate

00:14:56 Single Family vs. Multifamily Investments

00:16:18 Navigating the Current Real Estate Market

00:21:49 Regional Real Estate Market Focus

00:23:38 Understanding Investment Margins

00:24:15 The Complexity of IRR

00:25:00 Investment Opportunities and Strategies

00:28:14 Alternative Investment Options

00:33:07 Lessons from Financial Mistakes

00:35:17 The Importance of Continuous Learning

00:36:46 Advice for New Real Estate Investors

Find Dale Wills on:

Websites: 

https://centracapitalpartners.com/

https://www.centrahomes.com/

LinkedIn: https://www.linkedin.com/in/dalerwills/

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Gregory Mohr shares his personal journey from a high school paper route to becoming a franchise consultant, offers insights on how to get started in franchising, financing options, and the importance of being coachable. He also discusses the benefits of franchises in recession-proof industries and the significance of understanding sales to succeed in entrepreneurship.

In this episode:

• Greg underscores the importance of using past triumphs and experiences in the franchising sphere.
• Greg's book and concept showcase franchising as an avenue to entrepreneurial freedom and success.
• Discuss the cost distinction between brick and mortar franchises and service industry franchises. 
• Learn the potential use of franchises to boost pre-existing businesses or initiatives is examined. 
• And so much more!

Key Moments:

00:04:27 Gregory Mohr's Journey into Franchising

00:05:17 The Path to Entrepreneurship and Franchising

00:14:37 Understanding the Costs and Benefits of Franchising

00:16:44 Real-Life Success Stories in Franchising

00:20:12 Financing Your Franchise: Options and Advice

00:21:50 Evaluating Franchise Opportunities and Risks

00:23:42 Franchise Disclosure and Validation

00:23:59 Real Estate Marketing Solutions

00:25:02 Podcast and Social Media Services

00:25:42 Franchise Research and Success Stories

00:26:08 Top Franchises to Consider

00:28:07 Recession-Proof Franchise Opportunities

00:30:09 Franchise Ownership and Consulting

00:37:48 Final Round: Financial Mistakes and Lessons

Find Gregory Mohr on on:

Website: www.franchisemaven.com

LinkedIn: https://www.linkedin.com/in/gregorykmohr/

Instagram: https://www.instagram.com/franchisemaven/?hl=en

Twitter: https://twitter.com/Franchise_Maven

Facebook: https://www.facebook.com/FranchiseMaven/

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show

Join us on Average Joe Finances as our guest Luke Van Der Veer shares insights about his innovative business model of website rentals. From a corporate HR job to creating financial freedom through website leasing, he shares his methods for generating leads and securing clients, and gives some tips for finding success in entrepreneurial ventures. Luke also shares insights on the importance of coaching and investing in oneself, and how he balances his work and personal life while continuously exploring new business opportunities.The episode is packed with actionable advice and inspiring stories for anyone looking to break free from the traditional 9-to-5 grind.

What you’ll learn in this episode:

• Exploring unconventional ways to earn like renting websites, promoting the importance of thinking outside the traditional job framework.
• Significance of personal freedom to pursue one's interests, reframing the concept of work and lifestyle.
• The value of having coaches or mentors, stressing the efficiency they bring in achieving personal and business goals.
• Importance of investing in knowledge and skills instead of material possessions, a crucial aspect of financial growth.
• And so much more!

Key Moments:

00:00:57 Recap of Luke Vanderveer Interview

00:01:55 Introduction to Website Rentals

00:05:11 Luke Vanderveer's Background

00:06:40 The Journey to Financial Freedom

00:09:54 Building a Website Rental Business

00:12:10 Lead Generation and Business Model

00:14:21 Scaling the Business and Income Potential

00:19:32 Scaling the Business

00:19:54 Outsourcing and Automation

00:20:45 Coaching and Delegation

00:21:28 Life After Leaving the Job

00:23:07 Finding Purpose and Coaching Others

00:23:52 Balancing Work and Freedom

Find Luke Van Der Veer on:

Website: https://lukevanderveer.com/

LinkedIn: https://www.linkedin.com/in/lukevanderveer/

Average Joe Finances®

All of our social media links and more: https://averagejoefinances.com/links

About Mike: https://mikecavaggioni.com

About Tawnya: https://www.themoneylifecoach.com/

Show Notes add-on continued here: https://averagejoefinances.com/show-notes/

*DISCLAIMER* https://averagejoefinances.com/disclaimer

See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

Send us Fan Mail

Support the show