Average Joe Finances

Average Joe Finances

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Average Joe Finances episodes

  • 71. Achieving Early Financial Independence in Your 20s with Dan Sheeks

    Join Mike Cavaggioni with Dan Sheeks on the 71st episode of the Average Joe Finances Podcast to discuss achieving early financial independence in their early 20s. Dan is the founder of SheeksFreaks, an online community dedicated to helping young people learn money management skills, real estate investing, and early financial independence. He shares how he helps teens learn financial literacy. He is also a BiggerPockets author!

    In this episode, you’ll learn:

    • A passionate high school teacher helping teens get educated in terms of finances
    • Why someone with a mentality of reaching financial independence is a “freak”
    • Job traps that most people, typically young, get caught in
    • What the FIRE movement is all about, and who is it for
    • The Happiness Curve and how it affects one’s financial independence journey
    • And much more!

    About Dan Sheeks:

    Dan is a high school Business/Marketing teacher, real estate investor, and personal finance advocate in Denver, Colorado. He and his wife have a variety of real estate investments, including multifamily, single-family, Airbnb, and out-of-state BRRRRs (buy, rehab, rent, refinance, repeat).

    Dan launched SheeksFreaks in late 2019, an online community dedicated to helping young people learn money management skills, start investing in real estate, and pursue early financial independence. The SheeksFreaks community aims to help those between 15- and 25-years old use specific methods of saving, earning extra income, and investing to set them on a track to purchase real estate investment properties in their early 20s and achieve financial independence at a young age.

    Find Dan Sheeks on: 

    • Website: https://www.sheeksfreaks.com/
    • Instagram: https://www.instagram.com/sheeksfreaks/
    • Personal Instagram: https://www.instagram.com/dsheeks/
    • LinkedIn: https://www.linkedin.com/in/dan-sheeks-0ab489106/
    • YouTube: https://www.youtube.com/channel/UC-zSyE5oX0L_npo00xDCsYw
    •  Bigger Pockets Book Link https://biggerpockets.com/teen
    • 7-Day free trial mentioned in the show: https://averagejoefinances.com/sheeksfreaks/ (Use code: "averagejoe" all lower case)
    • Dan's email: [email protected]
    • Get the book: https://amzn.to/3IO8tAb

    Average Joe Finances®
    Our social media links can be found here: https://flow.page/avgjoefinances
    Check out: https://averagejoefinances.com
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    Buying or Selling a House? https://averagejoefinances.com/realtor
    Interested in getting your real estate license? https://averagejoefinances.com/prepagent
    Use the same Audio/Video Editing Team that I use: https://editpods.com
    Host your own Podcast here: https://averagejoefinances.com/buzzsprout
    Social Media Management Tool: https://averagejoefinances.com/social-media

    Free Stocks:

    • Robinhood: https://averagejoefinances.com/robinhood
    • Webull: https://averagejoefinances.com/webull

    Consolidate debt: https://averagejoefinances.com/sofi-loans/
    Get Life Insurance: https://averagejoefinances.com/ladder
    Average Joe Finances Swag: averagejoefinances.com/resources/shop
    *DISCLAIMER* https://averagejoefinances.com/disclaimer
    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

    Send us Fan Mail

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    44 min
  • 70. Meet the Networth Nurse with Savannah Arroyo

    Join Mike Cavaggioni with his guest, Savannah Arroyo, on the 70th episode of the Average Joe Finances Podcast. Today, they discuss the similarities between working in the healthcare system and syndicating real estate investments. Savannah is a full-time registered nurse, managing multiple departments at a busy, Magnet-recognized hospital. But she is also a real estate investor, focusing on value-add multifamily syndications. Today, Savannah shares her journey, from finding herself in various leadership positions in hospitals to working with the highest level of real estate professionals. 

    In this episode, you’ll learn:

    ●     The value of building multiple income streams to offset our W2S and retire sooner.

    ●     How multifamily allows investors to pool their resources to get the best deals together.

    ●     The advantage of working in leadership roles when getting into real estate syndication.

    ●     Why we should continually educate ourselves before making any form of investment.

    ●     The importance of building a team and putting systems in place before taking on deals.

    ●     And much more!

    About Savannah Arroyo:

    When she started working as a registered nurse, Savannah Arroyo naturally found herself in leadership positions. She served on committees, helped lead process improvement initiatives, and solved countless critical situations. And shortly after, Savannah went back to school to receive her Masters of Science in Nursing Leadership and Administration. And since then, Savannah has led clinical services in various settings.

    Working as a registered nurse has taught her to thrive in a fast-paced, interdisciplinary team of medical professionals. In addition, Savannah has had the privilege of working with unforgettable patients, brilliant physicians, and caretakers that will forever hold a place in her heart. And so, she was immediately drawn to multifamily syndications due to the many similarities to her career in nursing. 

    Syndicating a real estate investment requires excellent attention to detail, the ability to problem-solve, and the highest level of communication. Hence, Savannah becomes energized in situations like these as overcoming challenges brings her so much fulfillment. Nowadays, she works under the Willow Investment Group, which seeks out investment opportunities that provide the most optimal returns for its investors.

    Find Savannah Arroyo: 

    Website: www.thenetworthnurse.com

    Linktr.ee: https://linktr.ee/thenetworthnurse

    Average Joe Finances®

    - Our social media links can be found here: https://flow.page/avgjoefinances

    - Check out: https://averagejoefinances.com

    - Balance Your Portfolio with Passiv: https://averagejoefinances.com/passiv

    - Buying or Selling a House? https://averagejoefinances.com/realtor

    - Interested in getting your real estate license? https://averagejoefinances.com/prepagent

    - Use the same Audio/Video Editing Team that I use: https://editpods.com

    - Host your own Podcast here: https://averagejoefinances.com/buzzsprout

    - Social Media Management Tool: https://averagejoefinances.com/social-media

    Free Stocks:

    ·         Robinhood: https://averagejoefinances.com/robinhood

    ·         Webull: https://averagejoefinances.com/webull

    - Consolidate debt: https://averagejoefinances.com/sofi-loans/

    - Get Life Insurance: https://averagejoefinances.com/ladder

    - Average Joe Finances Swag: averagejoefinances.com/resources/shop

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    40 min
  • 69. So You Want to Start a Side Hustle? With Carrie Bohlig and Craig Clickner

    Join Mike Cavaggioni with his guests, Carrie Bohlig and Craig Clickner, on the 69th episode of the Average Joe Finances Podcast as they talk about venturing into the world of side-hustling. Carrie and Craig met as singles while building their businesses. Living a modest life, Carrie began her business while studying sociology and Women's Studies. Meanwhile, Craig first considered creating his own business while working as a banking risk analyst in 2003. And while their paths to entrepreneurship were different, the two bonded over side-hustling, building each other up and creating the life they wanted together as a family. Today, Carrie and Craig share their experiences to inspire people worldwide to do the same.

    In this episode, you’ll learn:

    ●     The value of building good relationships with business owners in affiliate marketing.

    ●     How much of our success results from the people and media we associate with.

    ●     The advantage of honing your communications skills to better connect with people.

    ●     How to grow ourselves as products to monetize our knowledge and skills over time.

    ●     Why vetting our referrals is vital in maintaining our credibility as an affiliate marketer.

    ●     And much more!

    About Carrie Bohlig and Craig Clickner:

    Carrie Bohlig and Crag Clickner are a Midwestern husband and wife duo who wanted to build an exceptional life and create the autonomy they desired. And so, they knew they had to do more than the mainstream “go to school and get a good job” adage. But, like many, Carrie and Craig were not hardcore enough to quit their jobs and gut out a startup, so instead, they ventured into the world of moderate entrepreneurship, also known as “side hustling.”

    The willingness to embrace the side hustling adventure has revolutionized the way they live, allowing them to step away from their traditional careers, becoming full-time parents and entrepreneurs.  Having helped others acquire similar results, they now have the privilege of speaking to thousands annually. The couple also shares their foundational success concepts such as implementing the proper “Life set,” elevating the right WHO, and developing a Life Vision in their book, So You Want To Start A Side Hustle.

    Unfortunately, Carrie and Craig see too many people starting side hustles but very few who know how to finish them.  As such, they look forward to being a resource to support your journey to diversify not only your income but also your skills sets, and most importantly, elevate your quality of life.

    Find Carrie Bohlig and Craig Clickner on: 

    Website: http://tandemconsulting.co/

    Carrie’s LinkedIn: https://www.linkedin.com/in/carriebohlig/

    Craig’s LinkedIn: https://www.linkedin.com/in/craig-clickner/

    Instagram: https://www.instagram.com/tandem.consulting/

    Linktr.ee: https://linktr.ee/tandemconsulting

    Average Joe Finances™

    Our social media links can be found here: https://flow.page/avgjoefinances

    Check out: https://averagejoefinances.com

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    Social Media Management Tool: https://averagejoefinances.com/social-media

    Episode Sponsor. Your Multifamily Mentor: http://www.yourmultifamilymentor.com/

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

    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

     

    Send us Fan Mail

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    53 min
  • 68. Investing for 20 Minutes a Day with David Torrence

    Join Mike Cavaggioni and David Torrence on the 68th episode of the Average Joe Finances Podcast as they talk about how you can invest towards financial independence in 20 minutes. David is the CEO of Throne CG and the founder of KP Cares Foundation Inc. Throne CG is an investment consulting firm, while KP Cares is a non-profit geared towards assisting under-resourced communities, bridging the wealth gap. As an investor and philanthropist, David’s mission is to serve and be of service to his community. So today, he continues to show minorities how to gain financial freedom by investing in the stock market.

    In this episode, you’ll learn:

    ●     The power of investing and how to know what type of investments work for you.

    ●     Why educating yourself is essential before investing your money in any asset class.

    ●     The difference between having the right skills for trading and having the discipline for it.

    ●     Ways to better utilize your capital to build and scale a profitable business.

    ●     How to beat inflation by investing your cash where you can instead of always holding it.

    ●     And much more!

    About David Torrence:

    David Torrence, also known as King David, is a first-generation college graduate from the University of Central Florida, where he received his bachelor’s degree in Kinesiology. Additionally, he earned a master’s degree in Sports Management at Liberty University. And so, it is no surprise that his career started in sports.

    For a while, David worked as the Director of Strength and Performance at Westminster Academy, training athletes while playing for the Miami Heat. But even then, he knew that being in the sports industry would not be enough for him to have the lifestyle he wanted, given the time you need to dedicate to the field. 

    Hence, David took up investing and even got his cousin, a financial analyst, to mentor him. And it was not long since then that he achieved financial freedom through investing in the stock market. Now retired at a young age, David gives back to his community by sharing his experience with the stock market so that they too can gain financial independence. 


    Find David Torrence on: 

    Throne CG: www.thronecg.net

    KP Cares: www.kpsystem.org

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

    Twitter: https://twitter.com/davidmtorrence

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

    Average Joe Finances™

    Our social media links can be found here: https://flow.page/avgjoefinances

    Check out: https://averagejoefinances.com

    Balance Your Portfolio with Passiv: https://averagejoefinances.com/passiv

    Buying or Selling a House? https://averagejoefinances.com/realtor

    Interested in getting your real estate license? https://averagejoefinances.com/prepagent

    Use the same Audio/Video Editing Team that I use: https://editpods.com

    Host your own Podcast here: https://averagejoefinances.com/buzzsprout

    Social Media Management Tool: https://averagejoefinances.com/social-media

    Free Stocks:

    ·         Robinhood: https://averagejoefinances.com/robinhood

    ·         Webull: https://averagejoefinances.com/webull

    Consolidate debt: https://averagejoefinances.com/sofi-loans/

    Life Insurance: https://averagejoefinances.com/ladder

    Support the Show: buymeacoffee.com/avgjoefinances

    Average Joe Finances Swag: averagejoefinances.com/resources/shop

    Episode Sponsor: Your Multifamily Mentor
    http://www.yourmultifamilymentor.com/

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

    Send us Fan Mail

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    46 min
  • 67. The Importance of Cash while Investing with Rob Schulz

    Join Mike Cavaggioni with Rob Schulz on the 67th episode of the Average Joe Finances Podcast as they talk about what financial planning achieves, why you should have a line of credit prepared anytime, how short-term biases affect our finances today, and so much more. After they share the schemes that fit folks who are averse to investing, Rob speaks about the asset classes he invests in and explains why it's vital not to put all your eggs in one basket, plus the tips he can impart to investors who are just getting into the space.

    In this episode, you'll learn:

    ● Rob Schulz – on what short term bias is and how it affects us 

    ● Why "no-debt" is also no sense

    ● To make money on money, you have to take risks!

    ● What happens in financial planning?

    ● What asset classes does Rob Schulz invest in?

    ● And much more!

    About Rob Schulz:

    Rob Schulz is the founder and President of Schulz Wealth. He grew up in a small, Central Texas town and attended The University of Texas. Rob spends a lot of his time writing on financial planning and investment topics. The best way to get to know him is to read the blog posts on his website. In 2020, Rob finished his first book entitled "Thoughts on Things Financial: Your Guide to a Chaotic Money World."

    Over a 25 year career, Rob has attained many awards and accolades. Most recently, he has been recognized by his peers and publicly as "2019 Five Star Wealth Manager" as well as a "2019 Investopedia Top 100 Investment Advisor in the Country." He has also taught Retirement Planning for the Certified Financial Planning Certificate Program at Texas Christian University and The University of Texas at Arlington.

    Find Rob Schulz on:

    Website: https://schulzwealth.com

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

    Twitter: https://twitter.com/robschulztx

    Facebook: https://www.facebook.com/groups/thoughtsonthingsfinancial

    Order your copy of Thoughts on Things Financial: Your Guide To A Chaotic Money World, Book by Rob Schulz:

    https://www.schulzwealth.com/book/


    Average Joe Finances™:

    Our social media links can be found here: flow.page/avgjoefinances

    🌐 Check out: averagejoefinances.com

    ⚖️ Balance Your Portfolio with Passiv: averagejoefinances.com/passiv

    🏡 Buying or Selling a House? averagejoefinances.com/realtor

    🏘 Interested in getting your real estate license? averagejoefinances.com/prepagent

    🎥 Use the same Audio/Video Editing Team that I use: editpods.com

    📢 Host your own Podcast here: averagejoefinances.com/buzzsprout

    📋 Social Media Management Tool: averagejoefinances.com/social-media


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    ⚠️ Life Insurance: averagejoefinances.com/ladder

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    🚧DISCLAIMER 🚧 averagejoefinances.com/disclaimer

    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

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    48 min
  • 66. Flipping, Crypto Mining, and Real Estate with Chad Wittfeldt

    Join Mike Cavaggioni with Chad Wittfeldt on the 66th episode of the Average Joe Finances Podcast to discuss flipping, cryptocurrency mining, and real estate investing. Chad started his journey as an entrepreneur early, flipping anything he got his hands on, then began trading stocks and currencies in his teens and later became very focused on passive income creation. He currently focuses on two real estate businesses and cryptocurrency mining. Today, Chad shares the trials and tribulations he pushed through to get to where he is now.

     In this episode, you’ll learn:

    •       Chad’s exposure to the rich that got him started into flipping cars and motorcycles

    •       An expensive lesson taken and learned from a failed business

    •       The catalyst that drove Chad to invest in real estate and the relationships built around it

    •       What is being done when mining, staking, and mining cryptocurrency

    •       Attraction-based marketing and automation to build credibility, authority, and platform

    •       And much more!

     About Chad Wittfeldt:

    Chad is an entrepreneur and a real estate investor. He started his entrepreneurial journey at a very young age. He quickly got started investing in equities and currency markets in his teens and later moved into real estate investments. While real estate has always been his interest, he didn’t know how to get into the market at the time effectively. So he put his skill set to use and has since syndicated over $30,000,000 in apartments.

    This growth later spawned his marketing agency, where he serves other entrepreneurs by building their attraction-based marketing systems and automation. Today, Chad stays focused on his businesses, creating cash flow, and living a life they told him he couldn’t have.

    Find Chad Wittfeldt on: 

    Website: www.chadwittfeldt.com

    Facebook:  https://www.facebook.com/chad.wittfeldt

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


    Average Joe Finances:

    Our social media links can be found here: flow.page/avgjoefinances

    🌐 Check out: averagejoefinances.com

    ⚖️ Balance Your Portfolio with Passiv: averagejoefinances.com/passiv

    🏡 Buying or Selling a House? averagejoefinances.com/realtor

    🏘 Interested in getting your real estate license? averagejoefinances.com/prepagent

    🎥 Use the same Audio/Video Editing Team that I use: editpods.com

    📢 Host your own Podcast here: averagejoefinances.com/buzzsprout

    📋 Social Media Management Tool: averagejoefinances.com/social-media

     
    💰 Free Stocks:

     ·         Robinhood: averagejoefinances.com/robinhood

    ·         Webull: averagejoefinances.com/webull

     
    📋 Consolidate debt: averagejoefinances.com/sofi-loans/

    ⚠️ Life Insurance: averagejoefinances.com/ladder

    ☕️ Support the Show: buymeacoffee.com/avgjoefinances

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    🚧DISCLAIMER 🚧 averagejoefinances.com/disclaimer

    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

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    43 min
  • 65. Poor Financial Decisions to a Perfect Credit Score with Al Jones

    Join Mike Cavaggioni and Al Jones on the 65th episode of the Average Joe Finances Podcast as they talk about what financial decisions you can make to achieve a perfect credit score. Al is a personal finance author and a game developer in Phoenix, Arizona. After years of making poor financial decisions, thinking it was the norm, he decided to turn things around by learning finance, specifically credit repair. Today, Al shares his experiences, from barely living on a low credit rating to raising his FICO score to a perfect 850.

    In this episode, you’ll learn:

    ●     What to look forward to when reading My Journey from Bad to Excellent Credit.

    ●     How society’s perception of financial literacy has changed over the years.

    ●     The power of “failure” and why we should always see it as a learning experience.

    ●     How the evolution of technology continues to change the game in financing.

    ●     The value of working with bill collectors and generating credit reports.

    ●     And much more!

    About Al Jones:

    Al Jones is a native son of Phoenix, Arizona, and a 1984 graduate of Maryvale High School. And for a while, he also served in the United States army. After being honorably discharged from the US Army, Al moved back to his hometown and began creating user-friendly games for mobile devices, live shows, playing cards, and more. 

    Al also wrote a book called My Journey from Bad to Excellent Credit, where he discusses financial mistakes and a case of identity theft that tanked his score, leading him to many other issues. At the time, he knew something had to change, so he started educating himself about credit repair. As a result, his FICO score was raised from an eight credit rating to a perfect score of 850.

    Find Al Jones on: 

    Website: http://www.lyricsguru.mobi/ 

    LinkedIn: https://www.linkedin.com/in/al-jones-45b4b05/ 

    Twitter: https://twitter.com/LyricsGuruApp 

    My Journey from Bad to Excellent Credit (Book): https://www.amazon.com/dp/0977460150 

    Average Joe Finances:

     Our social media links can be found here: flow.page/avgjoefinances

    🌐 Check out: averagejoefinances.com

    ⚖️ Balance Your Portfolio with Passiv: averagejoefinances.com/passiv

    🏡 Buying or Selling a House? averagejoefinances.com/realtor

    🏘 Interested in getting your real estate license? averagejoefinances.com/prepagent

    🎥 Use the same Audio/Video Editing Team that I use: editpods.com

    📢 Host your own Podcast here: averagejoefinances.com/buzzsprout

    📋 Social Media Management Tool: averagejoefinances.com/social-media

     💰 Free Stocks:

    ·         Robinhood: averagejoefinances.com/robinhood

    ·         Webull: averagejoefinances.com/webull

     📋 Consolidate debt: averagejoefinances.com/sofi-loans/

    ⚠️ Life Insurance: averagejoefinances.com/ladder

    ☕️ Support the Show: buymeacoffee.com/avgjoefinances

    💎 Average Joe Finances Swag: averagejoefinances.com/resources/shop

    🚧DISCLAIMER 🚧 averagejoefinances.com/disclaimer

    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

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    39 min
  • 64. Setting Goals as a New RE Investor with Calvin Blankenship

    Join Mike Cavaggioni and Calvin Blankenship on the 64th episode of the Average Joe Finances Podcast as they talk about setting goals as a new real estate investor. Calvin is an active duty corpsman in the United States Navy who always had an entrepreneurial mindset. However, after trying his hand in network marketing, he ultimately realized his goal to replace his military income with passive and active real estate income as fast as possible. Today, Calvin shares some of his plans to achieve financial freedom in less than three years before scaling to create his own syndication company.  


    In this episode, you’ll learn:

    ●     The value of being frugal until you find the right vehicle to invest your savings in.

    ●     How the economy of scale in commercial real estate can help skyrocket your earnings.

    ●     What makes real estate a great wealth-building vehicle despite being a long game.

    ●     Which systems to start with when getting into real estate and where to go from there.

    ●     The importance of setting goals before investing in any wealth-building assets.

    ●     And much more!


    About Calvin Blankenship:

    At the age of 16, Calvin Blankenship got involved with a direct sales company, heading the advice of mentors and friends in the same field. And so, for a while, he tried his hand at network marketing, which only proved to be an inefficient way to make passive income. But eventually, Calvin found real estate as the perfect vehicle for him to create a life of financial independence, a goal he has set his eyes on ever since.  

    Then again, he needed to find a way to make enough money to achieve his life goal sooner than later. And so, Calvin joined the United States Navy years later. After all, what better way to earn a stable income than to serve his own country. Nowadays, Calvin serves active duty as a Navy corpsman while taking planned steps toward scaling and starting his own company.

    Find Calvin Blankenship on: 

    Facebook: https://www.facebook.com/calvin.blankenship.3 

    LinkedIn: https://www.linkedin.com/in/calvin-blankenship-b98722217/ 

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


    Average Joe Finances:

    Our social media links can be found here: flow.page/avgjoefinances

    🌐 Check out: averagejoefinances.com

    ⚖️ Balance Your Portfolio with Passiv: averagejoefinances.com/passiv

    🏡 Buying or Selling a House? averagejoefinances.com/realtor

    🏘 Interested in getting your real estate license? averagejoefinances.com/prepagent

    🎥 Use the same Audio/Video Editing Team that I use: editpods.com

    📢 Host your own Podcast here: averagejoefinances.com/buzzsprout

    📋 Social Media Management Tool: averagejoefinances.com/social-media

     💰 Free Stocks:

     

    ·         Robinhood: averagejoefinances.com/robinhood

    ·         Webull: averagejoefinances.com/webull

     

    📋 Consolidate debt: averagejoefinances.com/sofi-loans/

    ⚠️ Life Insurance: averagejoefinances.com/ladder

    ☕️ Support the Show: buymeacoffee.com/avgjoefinances

    💎 Average Joe Finances Swag: averagejoefinances.com/resources/shop

    🚧DISCLAIMER 🚧 averagejoefinances.com/disclaimer

    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

    --------------

    Tropical Sensation by Mike Leite soundcloud.com/mikeleite Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/-tropical-sensation 

    Send us Fan Mail

    Support the show

    33 min
  • 63. The HELOC Hack You Should Know with Michael Lush

    Join Mike Cavaggioni and Michael Lush on the 63rd episode of the Average Joe Finances Podcast as they talk about replacing mortgage with HELOC to start saving thousands of dollars in interest. Michael is the founder and CEO of Lush Enterprises, educating consumers on more efficient ways to purchase or refinance their homes. He used to be a mortgage loan officer who always did what he believed was best for his clients. But after learning that he could do more for them from a wealthy mentor, he made it his mission to share a particular HELOC hack with more people.

    In this episode, you’ll learn:

    • How to use a Home Equity Line of Credit to pay off your home efficiently.
    • The history of mortgages and the value of velocity banking in allowing more loans.
    • Why going back to basics is essential when financing real estate more effectively.
    • How else can HELOC help make your money work for you instead of you working for it.
    • Why you should master your finances first before looking into any cash-flow options.
    •  And much more!

     About Michael Lush:

    Michael Lush is a proud father and husband where his priorities are his faith, family, freedom, and finances. His goal is to enrich the lives of all those he comes in contact with, helping them achieve their lofty goals. After all, Michael believes that life is meant to be lived abundantly in all areas, strongly emphasizing efficiency and prioritization.

    Michael believes the mortgage industry can be one of the most excellent tools to achieve financial success when done correctly and ethically. Hence, he makes it a mission to educate consumers, bankers, and loan officers on the pitfalls of traditional mortgage lending versus the proper use of a Home Equity Line of Credit.

    Find Michael Lush on: 

    1. Website: https://replaceyourmortgage.com/
    2. LinkedIn: https://www.linkedin.com/in/michael-lush-a1091b9/
    3. YouTube: https://bit.ly/3xupDNz

    Average Joe Finances:

    Our social media links can be found here: flow.page/avgjoefinances
    🌐 Check out: averagejoefinances.com
    ⚖️ Balance Your Portfolio with Passiv: averagejoefinances.com/passiv
    🏡 Buying or Selling a House? averagejoefinances.com/realtor
    🏘 Interested in getting your real estate license? averagejoefinances.com/prepagent
    🎥 Use the same Audio/Video Editing Team that I use: editpods.com
    📢 Host your own Podcast here: averagejoefinances.com/buzzsprout
    📋 Social Media Management Tool: averagejoefinances.com/social-media
     💰 Free Stocks:

    • Robinhood: averagejoefinances.com/robinhood
    • Webull: averagejoefinances.com/webull

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    ⚠️ Life Insurance: averagejoefinances.com/ladder
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    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

    --------------

    Tropical Sensation by Mike Leite soundcloud.com/mikeleite Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/-tropical-sensation 

     

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    49 min
  • 62. Using 1031 Exchanges to Achieve Financial Freedom with Dave Foster

    Join Mike Cavaggioni and Dave Foster on the 62nd episode of the Average Joe Finances Podcast as they talk about how 1031 exchanges can help you achieve financial freedom. Dave is the founder and CEO of Ironwood Solutions. The multi-industry company focuses on value addition through systemic process improvement, balancing capital maximization, and wealth preservation. They also provide project-specific solutions for various profit and non-profit institutions. Today, Dave shares his experiences, from teaching tax deferment strategies for real estate to managing a nationwide intermediary firm. 

     In this episode, you’ll learn:

    • How to utilize 1031 exchanges in converting tax deferrals into tax-free assets.
    • The six requirements you need to meet before doing a 1031 exchange. 
    • The benefits of a 1031 exchange when transitioning from active investing to passive.
    • What common issues do people often run into when performing a 1031 exchange?
    • Why risk mitigation strategies are essential in managing cash-flowing properties?
    • And much more!

     About Dave Foster:

    With 20 years of real estate investing, Dave Foster has helped thousands of investors keep their equity working for them and legally avoid paying taxes with 1031 Exchanges and other tax strategies. In addition, through a combination of 1031 Exchanges and Section 121 exemptions, Dave achieved his dream of living aboard a sailboat with my young family. 

    He also provides strategy, consulting, and 1031 Exchange Qualified Intermediary services, helping investors worldwide with powerful tools to build their US portfolio, defer all taxes and comply with IRS requirements. These powerful tax strategies even allowed him to pull out profit and purchase their 53’ ketch for cash, as well as build a portfolio that helped cash-flow a decade of adventure. 

     Find Dave Foster on: 

    1. Website: the1031investor.com
    2. Twitter: twitter.com/DaveFoster1031
    3. Facebook: facebook.com/the1031investor
    4. LinkedIn: linkedin.com/in/davefoster1031
    5. Instagram: instagram.com/davefoster1031


    Average Joe Finances:
    Our social media links can be found here: flow.page/avgjoefinances
    🌐 Check out: averagejoefinances.com
    ⚖️ Balance Your Portfolio with Passiv: averagejoefinances.com/passiv
    🏡 Buying or Selling a House? averagejoefinances.com/realtor
    🏘 Interested in getting your real estate license? averagejoefinances.com/prepagent
    🎥 Use the same Audio/Video Editing Team that I use: editpods.com
    📢 Host your own Podcast here: averagejoefinances.com/buzzsprout
    📋 Social Media Management Tool: averagejoefinances.com/social-media
     💰 Free Stocks:

    • Robinhood: averagejoefinances.com/robinhood
    • Webull: averagejoefinances.com/webull

     📋 Consolidate debt: averagejoefinances.com/sofi-loans/
    ⚠️ Life Insurance: averagejoefinances.com/ladder
    ☕️ Support the Show: buymeacoffee.com/avgjoefinances
    💎 Average Joe Finances Swag: averagejoefinances.com/resources/shop
    🚧DISCLAIMER 🚧 averagejoefinances.com/disclaimer

    If you are interested in writing for Average Joe Finances or joining us for an interview on the podcast, please visit https://averagejoefinances.com/contact

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    54 min

About Average Joe Finances

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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…