Before the Millions

On today’s episode, we have the pleasure of speaking to Lane Kawaoka. Lane is an engineer, an investor in 626 single family and multi-family units and a radio show host at simplepassivecashflow.com. Lane was born and is currently based out of Hawaii. He is what we could call, an “accidental landlord.” After buying his first single-family home he realized that it was a cash sucking machine and he wanted to do something about it.   Lane shares this story and how it propelled his interest and career in real estate. He also shares his insights on the market in Hawaii and why he decided to move back to his homeland from Seattle. We also delve into the 1031 exchange, who should get into a 1031 exchange and some of the pitfalls that some of us might not realize about a 1031 exchange. But the true emphasis for today’s episode is cashflow. Cash flow is king, and according to Lane, when you’re starting out your number one goal should be cashflow. Lane motivates us to get started creating cash flow for ourselves to design the lifestyle and business we want to lead.   Key Points From This Episode: * What encouraged Lane to start investing in real estate. * The lesson Lane learnt from buying his first property. * How Lane helps clients get into their first investment. * Where to go if you want to invest but have no money. * The importance of cashflow and what it allows. * Why Lane shifted from single-family homes. * Why Lane decided to move back to Hawaii from Seattle. * Some of the pitfalls of a 1031 exchange. * Success habits Lane incorporates into his every day. * Balancing business with lifestyle.    Tweetables:      Links Mentioned in Today’s Episode:  Simple Passive Cashflow – http://simplepassivecashflow.com/ House Hack Secrets – https://beforethemillions.com/househacksecrets   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community

Today we had the pleasure of speaking with Jay Morrison,, also known as “Mr. Real Estate”. Jay is a successful real estate investor, realtor, TV personality, entrepreneur, social activist and the CEO and founder of the Jay Morrison Brand and the Jay Morrison Academy, an online real estate school and mentorship program.   A high school dropout, at risk youth and three time felon, Jay made a major life transformation for the better over a decade ago and now uses his life experiences and personal story of triumph to empower and impact the lives of thousands of his Academy students, troubled youth, ex-offenders and real estate professionals.   In this episode, Jay talks about how he got started in real estate and before being in real estate and being an entrepreneur he was in the drug game and how he was in and out of jail. He talks about the similarities between the real estate game and the drug game and some of the hardships he went through and lessons that he learnt just by being in that environment.   Key Points From This Episode: * Hear how Jay’s journey began growing up poor and surrounded by drugs. * Listen as Jay explains his experiences in prison and what his mindset was like after. * Find out how Jay was introduced to real estate and the principles of financing. * Understand Jay’s long term play as a drug dealer. * Discover how Jay managed to build a life for himself after prison and drugs. * Jay draws parallels to drug dealing and real estate. * What Jay loves about entrepreneurship and business. * Learn more about Jay’s first real estate transaction with his mom. * Jay’s goals as an early entrepreneur in real estate. * Being intentional about giving back and using his story to help others. * A day in the life of Jay Morrison and his keys to success. * Jay’s favorite before the millions book, Og Mandino’s University of Success. * Sacrificing time and being committed to your goals to be successful in your endeavour. * Making the investment in yourself to get groomed into business. * Advice for people wanting to get into real estate. * And much more!   Tweetables:      Links Mentioned in Today’s Episode: House Hack Secrets Mini Course — Jay Morrison — Jay’s book, Lord of My Land: 5 Steps To Homeownership — Jay’s book, Lord of My Land: 5 Steps To Homeownership  — Angela Yee, The Breakfast Club — Og Mandino’s University of Success   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community

On today’s show we are joined with Logan Waller. Logan is a broker out of the Dallas-Fort Worth area, founder and president of the Waller Group. The Waller Group is a real estate brokerage group and was consistently ranked within the top 20 teams in the nation by Wall Street Journal, under RE/MAX. In 2011, the Waller Group became an independent brokerage and has been providing full service brokerage throughout the metroplex since 2012.   Last episode we looked at the real estate market from the perspective of an agent, and this episode we will be diving into the perspective of a broker. Logan obtained his real estate license in 1997 with a goal to invest in real estate and follow in his family’s footsteps. With that goal in mind, Logan bought his first house at the age of 18 and never looked back. Today, Logan shares more about getting started in the real estate market, how to develop a sales velocity, and the challenges of starting your own business, and pursuing your dreams.   Key Points From This Episode: * Getting a first exposure to entrepreneurship through a vending machine business. * How Logan got hooked onto real estate, buying his first house for only $6,000. * Logan’s method and strategy for scouting and purchasing his first house. * Developing a sales velocity to identify the best real estate deals. * The benefits of being a broker within the real estate market. * Top real estate training for the fundamental real estate basics. * Accelerating your career by surrounding yourself with people you can learn from. * The inception of the Waller Group and the challenges of starting a company. * Understanding distressed real estate markets to find the best investment opportunities. * Why most agents are not cut out to be investors. * Daily habits that contributed to Logan’s success. * The importance of focusing on identifying sellers and getting them listed. * How your goals and milestones should evolve with different stages of your life. * Standing out above the crowd, and getting sellers to choose your brokerage. * Deciding which real estate deals to invest in and which to take to your buyers. * The importance of creating value within your business, above all. * And much more!   Tweetables:  “If you can’t sell, then you can’t make any money.” — Logan Waller @Waller_Group   “I was a typical realtor; I made $200,000 a year and spent $210,00 a year.” — Logan Waller @Waller_Group   “80% of your resources, time, and money should be spent finding sellers.” — Logan Waller @Waller_Group   “Focus on creating value and the profit will follow.” — Logan Waller @Waller_Group   Links Mentioned in Today’s Episode: — Waller Group  — Mike Ferry Real Estate Training  — CCIM Courses  — The E-Myth by Michael Gerber — Good to Great by Jim Collins   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community

On Today’s show we welcome the billion dollar real estate agent, Karen Briscoe. Karen is Principal of the Huckaby Briscoe Conroy Group (HBC) and author of “Real Estate Success in 5 Minutes a Day”. The HBC Group has been named to the Wall Street Journal Top Realtor® Team List. Over the years, the group has sold over 1,500 homes valued at over $1.5 billion. In this episode Karen walks us through her path and how she’s sold over a billion dollars of real estate and  how she came from an entrepreneurial family and is a very driven person. She also shares with us on her book, that happens to be one of the top selling real estate books on Amazon and we talk about the real truths of being an agent in the real estate industry.   Key Points From This Episode: * Karen shares with us her journey to getting into real estate. * How your internal drive leads to success. * Positioning yourself as a lead generator and the benefits thereof. * Lead tactics and how to make them work for you. * Staying relevant in your industry. * The importance of constantly reinventing yourself. * Knowing the inventory to truly understand where the trends are going in the market. * Karen’s advice to entering the real estate business. * Why the market crash in September of 08 was Karen’s worst entrepreneurial moment. * Karen’s reasons for writing her book, Real Estate Success in 5 Minutes a Day. * How Karen combined inspiration and information to create her book. * Hear why Karen’s book is not only for real estate agents but for people in any business. * Key fundamentals mentioned in Real Estate Success in 5 Minutes a Day. * Karen shares on some success stories. * Discover the benefits of reading Karen’s book. * Why The Miracle Morning by Hal Elrod is Karen’s favorite book. * Find out what Karen’s miracle morning consists of. * Limiting beliefs and why they have been Karen’s biggest sacrifice. * Karen’s husband has her biggest support system * And much more!   Tweetables:         Links Mentioned in Today’s Episode: — Karen Briscoe —  HBC —  Karen’s book, Real Estate Success in 5 Minutes a Day — Hal Elrod’s book, The Miracle Morning  — Elizabeth Gilbert’s books  — Michael Gerber’s book, The E-Myth Revisited  — Five Minute Journal App   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community

Today we welcome Derek Pankaew, Performance Marketing Manager at KIND and Co-founder of Flexr, the world’s first foldable, travel-friendly pullup bar. Derek has years of experience with organic and paid marketing channels and was responsible for managing the supply of these products in addition to sourcing manufacturers and suppliers. He’s sold multiple six figures in information products, and has done the same with physical products. In this episode Derek discusses how he got involved in the digital marketing industry and what led him to starting successful e-commerce companies. He also talks about his latest venture, FLEXR and gives advice and tips to anyone wanting to get into the e-commerce world.   Key Points From This Episode: * At what point Derek decided to drop school and someday become an entrepreneur. * How Derek grew his skillset in the internet marketing space. * When Derek started utilizing his skills to create his own business. * Hear how Derek started off in affiliate marketing and why it’s difficult as a first-timer. * The transition from affiliate marketing to e-commerce. * Why it’s easier to sell physical products than digital products. * Understanding Derek’s WHY for building big businesses. * The importance of paying attention to the long term. * Discover how FLEXR came about. * How Derek incorporated the Nutrabear business model to be successful. * Find out what a typical day is like in the life of Derek. * Hear about Dan’s travel rewards course, Travel Hacking. * Understand why Peter Thiel’s book, Zero to One is one of Derek’s favorite books. * Discover where Derek invests his money. * Derek’s mentors throughout his career that have helped him get to where he is today. * Getting into e-commerce and learning through doing.    Tweetables:       Links Mentioned in Today’s Episode: — Derek Pankaew — FLEXR — Robert Kiyosaki’s book, Rich Dad, Poor Dad — Get Free Flights With Travel Hacking! — Peter Thiel’s book, Zero to One   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community

Today we welcome Scott Trench, President of Operations at BiggerPockets.com. Scott is also a licensed real estate broker/agent, real estate investor managing 8 units in Denver, CO with a partner, a house-hacker, and personal finance nerd. His book, Set for Life thoroughly details a step-by-step journey to early financial freedom for full-time workers earning median incomes and starting with little or negative net worth. Scott is passionate about financial education and believe that financial literacy allows for empowerment in today’s society. His writing and economic analyses have been featured in TIME Magazine, CNBC, Forbes, and Realtor Magazine, as well as regional publications like the Denver Post and Tampa Bay Times. Scott has lectured at the University of Colorado and has produced dozens of video/podcast segments explaining intricate real estate concepts to new investors. In this episode Scott dissects his journey to early financial freedom and how he has been able to become successful in doing so. We also talk about his book, Set for Life.   Key Points From This Episode: * Find out what led Scott to following the philosophy of financial freedom. * How Scott turned his frustration into action. * Hear how Scott used networking and brand knowledge to get his job at Bigger Pockets. * Discover why Scott doesn’t consider himself as an entrepreneur but as an employee. * Three ways to becoming financially free at an early stage in life. * Learn how Scott got the money to buy his second property. * Getting rid of your PMI by having equity in your property. * Understand how Scott has found meaning in the work he now does. * Continuing to solidify your financial position perpetually with passive income and wealth. * How opportunities begin presenting themselves as you accumulate income and wealth. * Scott tells us more about his role at Bigger Pockets. * Why real estate is considered to be the best way to build passive cashflow. * Listen as Scott explains the inception of his book, Set For Life. * Hear how Scott’s book will encourage you to make changes in all aspects of your life. * Scott’s ways of marketing his book for it to reach the right readers. * Defining risk and lowering risk by lowering your expenses. * Hear what sacrifices Scott had to make in order to get to where he is today. * And much more!   Tweetables:   Links Mentioned in Today’s Episode: — Scott Trench — Scott’s book, Set For Life — Mr. Money Mustache — Early Retirement Extreme — Radical Personal Finance — Thomas J. Stanley’s book, The Millionaire Next Door — Thomas J. Stanley’s book, The Millionaire Mind   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant a...

On today’s show we welcome Matt Miller. Matt started his career in the corporate world, but realized that he needed to take a different route if he wanted to get ahead. Inspired by his interest in “passive income,” Matt got involved in bulk vending. He is now the President of a vending company, School Spirit Vending, which combines vending and school fundraising ventures into one.   School Spirit Vending’s Hassle-Free Fundraising Program is helping 1000’s of schools across the country raise money, while providing a profitable business opportunity for those seeking personal freedom and added financial security.   In this episode Matt talks about how he transitioned from the corporate world to becoming an entrepreneur. We also discuss his journey of starting a business and learning about all the aspects of business and how he has grown School Spirit Vending into the empire that it is today.   Key Points From This Episode: * Matt tells us his journey from being a pilot to the corporate world to starting a business. * Find out how the company School Spirit Vending was born. * How Matt was taught from a young age to trade time for money. * Hear the impact Robert Kiyosaki’s book, Rich Dad, Poor Dad, had on Matt. * Learn how Matt picked his locations through knocking on doors. * Discover at what point Matt realized that this was a viable business option. * Listen as Matt explains how he used his earnings and invested it back into the business. * Hear how Matt’s business didn’t take away from his career but he also didn’t allow his career to take away from his business. * Take away some key advice for entrepreneurs wanting to get started. * How Matt has successfully grown his business. * Find out how Matt went about growing his team and finding the right people. * Why Matt chose to turn School Spirit Vending into a franchise and how he set it up. * Hear a success story from one of Matt’s franchisee’s and their process. * Types of vending machines in schools and what isn’t allowed. * Find out more about Matt’s courses and what’s in the pipeline for him. * How Matt sacrificed time and money to get to where he is today. * Hear why too many people are getting ready to start instead of jumping into the game.    Tweetables:         Links Mentioned in Today’s Episode: — Matt Miller — School Spirit Vending Business — School Spirit Vending on Facebook — Robert Kiyosaki’s book, Rich Dad, Poor Dad — Gary Vaynerchuck   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey. Sign up to join our community

On today’s show we welcome Arianne Lemire. Ari is a real estate investor, entrepreneur and Realtor in the Florida panhandle. Ari runs a company, GH Houses specializing in fix and flip properties as well as wholesaling. Coming from the Philippines, Ari has been living in the US for the past 3 years and she’s been involved with real estate investing for the last 18 months. Ari is an outstanding example of pure will in that she went from being being a Medical W2 worker to quitting her job in the span of 11 months. In this episode we get more into Ari’s story, she shares with us on how she got started in real estate, her journey to reaching her goals and we discuss her why.   Key Points From This Episode: * Ari tells us more about her background and what she’s currently focused on. * How Ari was able to save money to invest in real estate while paying off student loans. * Learn how Ari gained real estate education through online research and Bigger Pockets. * Find out why Ari went from rental properties to flipping houses. * Listen as Ari explains how she set goals for herself and only once she reached her goals did she decide to quit her job to go into investing full time. * Understand what Ari’s mindset was like for her to be able to quit her job in 11 months. * Discover how your why can be a strength and a weakness at times. * Ari tells us more about her current goal of being able to give $1 million a year to charity. * Hear how Ari wants to build a community for people with special needs. * The differences between fixing and flipping and wholesaling. * Find out why it’s important to choose one direction to focus on in the real estate market. * Ari explains the intricacies of her business, how they got started as a renovation company and how their focus has changed over time. * Chris’s role in the real estate developments as he is currently a full time software engineer. * Discover how Ari works with investors looking for more short-term ways to diversify. * Ari’s best deal to date with their second property they bought. * Hear about one of Ari’s more challenging deals where she still managed to come out on top. * Discover what lessons Ari has learned through dealing with challenges in the business. * Advice on getting started and entering the real estate game. * Letting go of your fear of failure so that your business can grow and expand. * Discover what sacrifices Ari had to make to get to where she is today. * Listen as Ari shares why people are stuck before the millions because they aren’t able to take responsibility and they don’t know their why.   Tweetables:   Links Mentioned in Today’s Episode: – Arianne Lemire – Bigger Pockets – Bill Allen – Robert Kiyosaki’s book, Rich Dad, Poor Dad – Scott Trench’s book, Set for Life   Access The Best Strategies, Tips & Advice! Every week, we send an email sharing my best advice, tips and strategies related to Real Estate Investing. Each of these weekly emails contain relevant and actionable information that can help you no matter where you are in your investing journey.

Gino Barbaro is a licensed realtor, investor, business owner and entrepreneur.  He has been investing in real estate for 15 years and has grown his portfolio to 675 units valued at over $32 million in 3 years. He has teamed up with Jake Stenziano to create JakeandGino.com, a real estate educational company that offers coaching and training in real estate investing. He is the bestselling author of Wheelbarrow Profits, as well as the author of the best-selling cookbook, Family, Food and the Friars. Gino is a graduate of the Institute for Professional Excellence in Coaching (IPEC) and is a Certified Professional Coach. In this episode we get into a lot of Gino’s story, the restaurant business he was in for 25 years and how he turned his sights onto real estate and multifamily investing. We also get into belief systems, discovering your why, and setting out your goals. Next, we unpack the importance of understanding how you can best achieve your goals based on your why, depending on whether or not your why is moving away from pain or towards pleasure.   Key Points From This Episode: * Gino tells us how he got into the restaurant business 25 years ago. * Hear more about the 4 energy blocks. * What lead Gino to challenge himself to become successful. * The reasons why Gino decided to leave the restaurant business. * Listen as Gino explains how he turned toward real estate. * Understand the differences between single family and multifamily properties. * How asking thought provoking questions extracts the “why” out of Gino’s students. * The importance of having a strong reason why, no matter what you do in life. * How Jake and Gino have made their partnership work. * The characteristic that made Gino want to partner with Jake. * Find out how you can get into multifamily real estate. * Listen as Gino explains his short and long term goals to grow his business. * Understand what Gino means when he talks about repurposing $4 million dollars. * Discover the importance of buying right. * Gino tells us how the infinite banking concept is a great strategy to lock in. * Find out which two books are Gino’s favorite Before the Millions books. * The sacrifices Gina had to make to get to where he is today. * Why listening to motivational speakers inspired Gino in business. * The advice Gino has for millennials wanting to get into business. * How limiting beliefs stop people from reaching their true potential and success.   Tweetables:     Links Mentioned in Today’s Episode:  — Gino Barbaro — Jake and Gino Podcast — Multifamily Mastery Program by Wheelbarrow Profits — Gino’s Book, Wheelbarrow Profits — Gino’s book, Family, Food and the Friars — IPEC — M.C. Laubscher from BTM Podcast episode 12 — Think and Grow Rich by Napoleon Hill —

Gino Barbaro is a licensed realtor, investor, business owner and entrepreneur.  He has been investing in real estate for 15 years and has grown his portfolio to 675 units valued at over $32 million in 3 years. He has teamed up with Jake Stenziano to create JakeandGino.com, a real estate educational company that offers coaching and training in real estate investing. He is the bestselling author of Wheelbarrow Profits, as well as the author of the best-selling cookbook, Family, Food and the Friars. Gino is a graduate of the Institute for Professional Excellence in Coaching (IPEC) and is a Certified Professional Coach.

In this episode we get into a lot of Gino’s story, the restaurant business he was in for 25 years and how he turned his sights onto real estate and multifamily investing. We also get into belief systems, discovering your why, and setting out your goals. Next, we unpack the importance of understanding how you can best achieve your goals based on your why, depending on whether or not your why is moving away from pain or towards pleasure.

 

Key Points From This Episode:

* Gino tells us how he got into the restaurant business 25 years ago.

* Hear more about the 4 energy blocks.

* What lead Gino to challenge himself to become successful.

* The reasons why Gino decided to leave the restaurant business.

* Listen as Gino explains how he turned toward real estate.

* Understand the differences between single family and multifamily properties.

* How asking thought provoking questions extracts the “why” out of Gino’s students.

* The importance of having a strong reason why, no matter what you do in life.

* How Jake and Gino have made their partnership work.

* The characteristic that made Gino want to partner with Jake.

* Find out how you can get into multifamily real estate.

* Listen as Gino explains his short and long term goals to grow his business.

* Understand what Gino means when he talks about repurposing $4 million dollars.

* Discover the importance of buying right.

* Gino tells us how the infinite banking concept is a great strategy to lock in.

* Find out which two books are Gino’s favorite Before the Millions books.

* The sacrifices Gina had to make to get to where he is today.

* Why listening to motivational speakers inspired Gino in business.

* The advice Gino has for millennials wanting to get into business.

* How limiting beliefs stop people from reaching their true potential and success.

 

Tweetables:

 

 

Links Mentioned in Today’s Episode: 

— Gino Barbaro

— Jake and Gino Podcast

— Multifamily Mastery Program by Wheelbarrow Profits

— Gino’s Book, Wheelbarrow Profits

— Gino’s book, Family, Food and the Friars

— IPEC

— M.C. Laubscher from BTM Podcast episode 12

— Think and Grow Rich by Napoleon Hill

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