Average Joe Finances

Join us on Average Joe Finances as our guest Ben Reinberg, a seasoned commercial real estate investor with over 32 years of experience, shares the story of his career, discussing the various niches within commercial real estate, with a particular focus on medical office spaces. He talks about his new book, 'Hard Assets and Hard Money for Hard Times,' which serves as a guide to building a hard asset empire. Ben delves into the importance of hard assets in creating generational wealth, the benefits of AI in real estate, and the lessons learned from the 2008 financial crisis. 

In this episode:

• Learn why hard assets like real estate and precious metals remain the cornerstone of lasting wealth.
• Discover how adaptability in shifting markets like moving from office to medical spaces drives long-term success.
• Understand the role of AI in streamlining real estate operations while keeping human relationships central.
• Grasp the lessons from the 2008 financial crisis to avoid over-leverage and safeguard your investments.
• And so much more!

Key Moments:

00:59 Meet Ben Reinberg: Commercial Real Estate Expert

02:14 The Journey to Writing 'Hard Assets and Hard Money for Hard Times'

05:33 Why Commercial Real Estate?

09:42 The Impact of AI on Commercial Real Estate

15:01 The Importance of Relationships in Real Estate

16:48 Why Hard Assets Matter

19:34 The Challenges of Building an Empire

20:15 Affordable Financial Blueprint

20:46 Weathering Economic Storms

21:52 Conservative Investment Strategies

27:31 The Importance of a Good Team

28:08 Final Round: Lessons and Tips

31:37 Where to Find More Information

32:59 Final Thoughts and Farewell

Find Ben Reinberg

Website: https://www.benreinberg.com/

Youtube: https://www.youtube.com/channel/UCN-VuewtdVrFwlOrTsNbxGA

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

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

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

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

X: https://x.com/realbenreinberg

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Athena Brownson, a real estate professional who transitioned from a career as a professional skier, shares her incredible life story, starting from growing up in a ski-centric family in Breckenridge, Colorado, to becoming a professional skier, undergoing multiple injuries, and finally finding her calling in real estate. Athena discusses the importance of discipline, balance, listening to mentors, consistent daily activities, and intentional networking in achieving success. This episode offers valuable insights for anyone looking to excel in real estate or any entrepreneurial venture, emphasizing the role of mentorship, the art of listening, and the importance of self-care.

In this episode:

• Learn how persistence and mentorship can transform setbacks into stepping stones.
• Discover why discipline, structure, and “brilliance on the basics” drive long-term success.
• Understand the power of intentional networking and building authentic relationships.
• Gain insight into embracing discomfort as a catalyst for growth and resilience.
• And so much more!

Key Moments:

00:55 Meet Athena Brownson

01:36 Athena's Early Life and Skiing Career

03:02 Lessons from Skiing to Real Estate

04:28 Overcoming Injuries and the Value of Coaching

06:11 Transition to Real Estate

15:12 The Importance of Mentorship

19:37 Intentional Networking

26:54 Building an Authentic Daily Routine

27:47 Tracking and Evolving Your Greatness Tracker

28:13 Delegation and Understanding Strengths

29:05 The Importance of Basics and Discipline

31:32 Handling Unexpected Challenges

36:30 Maintaining Consistency in Real Estate

40:09 Final Round: Personal Insights and Advice

46:45 Closing Thoughts and Contact Information

Find Athena Brownson

Website: https://athenabrownsonrealtor.com/

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

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

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

Zillow: https://www.zillow.com/profile/AthenaBrownson

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Colton Pace, shares his journey from growing up on a ranch in Dallas, Texas to founding Ownwell, a startup aimed at reducing home ownership costs. Colton discusses how Ownwell helps homeowners and real estate investors save on property taxes, insurance, and utility bills. He also delves into the company's unique contingency fee model, how local expertise is crucial for property tax appeals, and the importance of financial planning through detailed expense tracking. Colton shares insights from his experience working for a billionaire, highlighting the significance of analyzing each expense to maximize returns.

In this episode:

• Learn how challenging property tax assessments and expenses can unlock hidden savings for homeowners.
• Discover why education and awareness are key to reducing real estate ownership costs.
• Understand how Ownwell leverages nationwide expertise to optimize property tax and utility savings.
• Gain insights from Colton Pace on using curiosity and direct communication to uncover financial opportunities.
• And so much more!

Key Moments:

01:13 Meet Colton Pace: From Ranch Life to Real Estate

02:27 The Mission of Unwell: Reducing Real Estate Costs

03:27 Importance for Real Estate Investors

07:07 The Eye-Opening Moment: Property Tax Savings

11:20 Utility and Insurance Savings

13:09 Biggest Savings and Success Stories

15:47 Challenges and Benefits of Using Unwell

17:32 The Importance of Time Management for Real Estate Investors

18:18 Introducing the Unwell Team and Their Expertise

19:55 Geographical Reach and Market Operations

21:37 Financial Planning and Expense Management

24:14 Final Round: Colton's Insights and Advice

30:19 Connecting with Colton and Final Thoughts

Find Colton Pace

Website: https://www.ownwell.com/

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

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest George Otel, an immigrant and business owner who transitioned from owning a trucking company to founding US Business Funding, shares his journey from truck driving to real estate investing and focuses on the significance of building a strong team, understanding financing, and the opportunities in commercial real estate. He emphasizes the importance of preparation, patience, and leveraging relationships for success. George also offers insights on effective networking, the benefits of SBA loans, and provides advice for new entrepreneurs.

In this episode:

• Discover how George Otel transitioned from trucking to thriving in commercial real estate and business financing.
• Learn why networking and building the right team of experts (CPAs, lawyers, financiers) is essential for growth.
• Understand the differences between residential and commercial real estate and why commercial offers higher returns with less competition.
• Explore smart financing strategies, including leveraging SBA loans to move from renting to owning.
• Take away hard-earned lessons on patience, planning, and the importance of hiring support early to scale faster.
• And so much more!

Key Moments:

00:00 Introduction and Welcome

02:03 Meet George Otel: From Trucking to Real Estate

04:09 Diving into Commercial Real Estate

05:43 The Importance of a Strong Team

10:14 Financing Strategies for Business Owners

19:01 George's Real Estate Journey and Insights

21:50 The Importance of Networking in Real Estate

23:06 Building Trust and Relationships

24:09 The Necessity of Pre-Approval

25:10 The Role of Preparation and Reputation

28:51 The Value of Patience and Rational Decisions

31:01 Exploring Franchise Opportunities

32:14 Final Round: Lessons and Tips

39:50 Where to Find More Information

41:27 Conclusion and Farewell

Find George Otel

Website: www.usbizfunding.net

Facebook: https://www.facebook.com/George.Otel

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

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

Twitter: https://twitter.com/george_otel

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Larry Kriesmer and Bernard Surovsky discuss their innovative approach to investment management. They delve into their investment strategy, which evolved from their experiences during market downturns in the late 1990s and 2008, leading to the creation of their trademark 'Synthetic Equity' and the launch of their ETF (SNTH). The discussion covers the technical aspects and advantages of using options and treasuries to manage risk while achieving high returns. The episode also features personal anecdotes, including their experience of ringing the bell at the New York Stock Exchange

In this episode:

• Learn how Measured Risk Portfolios blend safe short-term treasuries with strategic options to balance protection and growth.
• Discover the concept of Synthetic Equity and how it replicates equity returns while cushioning against losses.
• Understand why mastering options can unlock powerful risk management and investment opportunities.
• Gain insights into building bold, informed strategies that challenge traditional investing norms.
• And so much more!

Key Moments:

00:59 Meet Larry and Bernard

01:35 Growing Up in Different Worlds

03:41 Investment Philosophy and Early Experiences

06:13 The Measured Risk Portfolio Approach

08:12 Managing Market Volatility

21:40 Synthetic Equity Explained

25:06 Risk Aversion and Investment Strategies

26:41 Introduction to Synthetic Equity and ETF

26:58 Launching the ETF and Ringing the Bell

27:55 The Experience of Ringing the Bell

33:25 Final Round: Financial Mistakes and Lessons Learned

41:32 Final Thoughts and Advice for Investors

Find Larry and Bernard

Website: https://www.measuredriskportfolios.com/

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Mike Ivany to discuss his diverse background in law, marketing, finance, and investment. Mike Ivany shares his journey from working at Homeland Security to starting a law practice, diving into marketing, and ultimately working in finance and alternative investing. The conversation delves into the dynamics of the AI market, the future of companies like TikTok, SpaceX, and ByteDance, and how AI is reshaping investment strategies.

In this episode:

• Learn how pre-IPO and private market investing gives accredited investors access to high-growth companies before they go public.
• Discover why the ongoing AI talent battle reshapes technology investing and creates unique opportunities.
• Understand the critical role of fees, liquidity constraints, and risk assessment when entering private investments.
• Explore how platforms like Upmarket democratize alternative assets, lowering barriers for accredited investors.
• And so much more!

Key Moments:

00:55 Guest Introduction: Mike Ivancie

01:28 Mike Ivancie’s Background and Career Journey

02:42 Transition to Marketing and Finance

03:19 Current Role and Market Trends

05:55 AI and Private Markets Discussion

11:40 Impact of AI on Investing

16:31 Introduction to Upmarket

23:08 Understanding Private Market Investments

23:47 Pre-IPO Investment Checklist

24:21 Accredited Investor Qualifications

27:12 Popular Pre-IPO Companies

29:31 Employee Liquidity in Private Companies

32:35 Final Round: Financial Wisdom

42:39 Final Thoughts and Resources

Find Mike Ivancie

Website: https://www.upmarket.co/ 

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

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Chad Ackerman about his remarkable journey from a corporate HR professional to a successful real estate syndicator and business coach. Chad shares his personal story, detailing how he transitioned from his W2 job and navigated the challenges of the real estate investment world. He discusses his initial mistakes, the importance of having clear goals, and the strategies he employed to achieve financial independence. Chad also touches on the significance of due diligence, community involvement, and overcoming imposter syndrome.

In this episode:

• Learn how a casual workplace conversation sparked Chad Ackerman’s journey from HR professional to full-time real estate investor.
• Discover why defining your personal “buy box” can eliminate emotional investing and clarify your financial goals.
• Understand the power of community—how local meetups and online forums like BiggerPockets can accelerate your growth.
• Gain insight into how coaching and mentorship can help overcome imposter syndrome and build investor confidence.
• And so much more!

Key Moments:

00:56 Meet Chad Ackerman

01:33 Chad's Real Estate Journey Begins

03:24 First Investment Lessons

04:30 Building a Real Estate Community

05:37 Partnership with BiggerPockets

06:15 Transition to Business Coaching

10:12 Importance of Due Diligence

16:00 Defining Your Buy Box

18:18 Overcoming Imposter Syndrome

19:46 Leveraging Coaching Skills for Investment Success

20:09 Overcoming Financial Hurdles with Tribe Vest

20:51 The Importance of Accountability in Achieving Goals

21:17 Mentors vs. Coaches: Understanding the Difference

22:05 Alternative Investment Strategies and Education

24:05 Chad's Journey from HR to Business Coach

28:33 Final Round: Insights and Reflections

34:08 Closing Thoughts and Final Advice

Find Chad Ackerman

Website: https://chadackerman.focalpointcoaching.com/

Linkedin: https://www.linkedin.com/in/chad-ackerman-8089a8a/

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Brian Truman, a seasoned professional with an intriguing career trajectory. From starting as a sports broadcaster, transitioning to a 22-year-long career in government contracting, to owning the largest business brokerage in Nashville, Brian shares his journey. He emphasizes the importance of relationships over transactions in the real estate business, discusses the thriving multifamily market in Nashville, and offers advice for newcomers looking to delve into multifamily real estate investing. Brian's insights on the significance of networking, continuous learning, and taking action in real estate investing provide valuable takeaways for both novice and experienced investors.

In this episode:

• Discover how transitioning from business ownership to real estate can accelerate your path to financial freedom.
• Learn why Nashville's booming, diversified economy makes it a prime location for real estate investing.
• Understand the value of building authentic relationships over chasing short-term transactions.
• Gain practical tips on how new investors can start small, build confidence, and scale into multifamily deals.
• And so much more!

Key Moments:

00:54 Guest Introduction: Brian Truman's Background

01:26 Transition to Real Estate: From Broadcasting to Brokerage

01:58 Selling the Business and Moving into Real Estate

02:56 Commercial Real Estate and Business Brokerage

06:43 Multifamily Real Estate Focus

15:56 Why Nashville?

21:07 The Importance of Relationships in Real Estate

25:08 Straight Shooter Broker Insights

26:45 Multifamily Real Estate for Everyone

27:30 Getting Started in Real Estate Investing

30:13 The Importance of Due Diligence

39:12 Final Round: Personal Insights

44:15 Contact Information and Final Thoughts

Find Brian Truman:

Website: https://accelcre.com

Linkedin: https://www.linkedin.com/in/brian-truman-1164418/ 

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Carlos Samaniego, discusses his transformative journey from a young EMT making financial mistakes to becoming a tax debt consultant. Carlos recounts how bad advice led him to claim excessive tax exemptions, resulting in a significant IRS debt and years of unfiled taxes. This tumultuous experience inspired him to help others navigate tax issues, ultimately leading to the founding of his company, Tax Debt Consultants. Carlos shares valuable insights on dealing with IRS debt, the importance of immediate action, and the role of tax professionals in safeguarding against compounded interests and penalties.

In this episode:

• Learn how unresolved tax issues can snowball and why early intervention is key to minimizing damage.
• Discover the power of representation and how a tax professional can negotiate massive debt reductions.
• Grasp the importance of separating personal and business finances to stay organized and audit-ready.
• Understand why ignoring IRS letters only worsens your situation and how facing them can lead to relief.
• And so much more!

Key Moments:

01:35 Meet Carlos Samaniego: A Journey from Military to Tax Professional

02:12 The Tax Mistake That Changed Everything

04:00 The Road to Tax Debt Consultants

05:56 The Importance of Hiring a Tax Professional

10:33 Understanding Tax Problems and Resolutions

14:01 The IRS and COVID: A Collection Pause

15:32 The Consequences of Ignoring IRS Letters

19:06 Non-Filers: The IRS is Watching

23:25 Success Stories: From Massive Debt to Relief

27:32 Success Stories and Their Importance

28:23 The Offer in Compromise Program Explained

30:37 Negotiating with the IRS: Real-Life Examples

31:57 The Five-Year Probation Period

35:01 Choosing the Right Tax Professional

37:35 Final Round: Quick Fire Questions

44:55 Where to Find More Information

46:58 Closing Remarks and Thank You

Find Carlos Samaniego:

Speaker Website:https://carlossamaniego.com/   

Company Website: https://www.taxdebtconsultant.com/

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

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

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

X: https://x.com/carlossamaniego 

Average Joe Finances®

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

About Mike: https://mikecavaggioni.com

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Join us on Average Joe Finances as our guest Adi Klevit, an expert in process documentation and optimization, shares her journey from industrial engineering to founding her own business. She delves into the importance of documenting business processes, offering a step-by-step guide on how to start and refine these systems. The conversation covers various aspects such as the mindset needed for process implementation, the significance of delegation, and the benefits of having well-documented procedures. 

In this episode:

• Learn how documenting processes can unlock time, freedom, and long-term business scalability.
• Discover why starting with your biggest bottlenecks yields the highest ROI in system optimization.
• Grasp how process mapping and clear delegation improve team accountability and consistency.
• Understand the mindset shift needed for visionary leaders to embrace a process-driven business culture.
• And so much more!

Key Moments:

00:59 Guest Introduction: Adi Klevit

01:31 The Importance of Process Documentation

02:45 Challenges in Process Documentation

03:26 Steps to Effective Process Documentation

06:23 Return on Investment and Freedom

11:42 Delegation and Process Mapping

16:21 Mindset for Process-Driven Leadership

17:42 Defining Standards and Processes

18:19 Mindset and Accountability in Leadership

19:07 Visionaries and Process Implementation

21:43 Coaching and Revising Processes

23:31 Starting from Scratch: Overcoming Overwhelm

24:35 The Importance of Processes in Business

26:38 Final Round: Personal Insights and Advice

29:49 Where to Find More Information

31:45 Final Thoughts and Closing Remarks

Find Adi Klevit

Website: https://bizsuccesscg.com/

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

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/

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