BigMikeFund

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Today I’m talking to Ryan Parson who is out on the road on the Motorhome and Money Tour for Mile Marker Club. We’re chatting about what the Mile Marker Club is, how to invest your money, learning along the way, and about what you need to consider when you are investing for the first time.

Ryan is the Founder and Chief Investment Officer of the Mile Marker Club as well as its parent company, Heritage Capital USA. As well as providing its members with a larger pool of dollars with which to invest, attracting bigger, better deals and opportunities, the Mile Marker Club also provides its members with a curriculum of wealth education materials.

Minute Markers:

00:39 – Hi Ryan

00:56 - What’s new in the world of Ryan?

02:44 - Why Ryan started the Mile Marker Club

06:04 - What is the Mile Marker Club?

09:53 - Portfolio and Investment Goals

15:57 - The First Steps to Investments

16:52 - How the MMC Helps You Build Your Portfolio

20:00 - Continuously Learning

21:45 - Preach a lot of change, Change one thing at a time

22:06 - Mile Marker Symposium Event Review

22:42 - People need to learn together

22:57 - Are you investing to learn or learning to invest?

23:40 - “It’s lonely at the top.”

26:01 - Build the policy and constantly update

29:28 - Loss Reserves

30:29 - Infinite Return

33:06 - Common Equity

35:26 - When will you be done with the deal?

37:32 - Open-ended funds

37:57 - Final Thoughts and reaching out to Ryan

39:15 – Thank you for listening to the Big Mike Fund Podcast

Resources:

Ryan Parson, Heritage

Mile Marker Club

On today’s episode, I’m talking with economist and trader, Frances Newton Stacy. She works for Optimal Capital as the director of portfolio strategy. Frances is also a frequent guest on both CNBC, as well as Fox Business News as a commentator on Central Bank Policy. She also blogs about the trading community by helping to recognize key cycles and significant support and resistance levels. We’re talking about economic policy and what’s going on in the stock market. 

Minute Markers:

00:32 - Introductions

01:50 - Frances’ background

03:36 - Where the stock market is now

04:07 - What is inflation?

04:33 - Late cycle

06:43 - Repo operation

08:00 - The P is historically high

09:18 - The valuation stretch

09:49 - The mechanisms of debt

11:35 - The big reversion

13:00 - Defining inflation

14:37 - Deflation

16:33 - Raising rates too much too fast

21:49 - Why debt? What is debt?

23:35 - Technical recession 

26:50 - Real estate investments and the future

30:10 - Reaching out to Frances Newton Stacy

31:11 - Thank you for listening to the Big Mike Fund Podcast

Resources:

Frances Newton Stacy, Twitter

Frances Newton Stacy, email: [email protected]

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Today I talk with the energetic #1 Wholesaler in the US last year, Tom Krol. We talk about family and Wholesaling. Not wholesaling furniture, tomatoes, or pajamas, but wholesaling real estate. Tom explains his views on business, what wholesaling is (it’s all about marketing and less about real estate), and coaching.

Minute Markers:

00:32 – Hi Tom

00:59 – Tom’s backstory

03:59 - How Real Estate Wholesaling Works

05:08 - Every wholesaling business should do three things

05:55 - Wholesaling real estate should be like a pawnshop

06:49 - Tom’s definition of a business

07:49 - Wholesaling definition summary

09:54 - What marketing strategies Tom uses for his Wholesaling business

12:37 - The major mistakes that struggling wholesalers make

15:55 - How do people figure out what works?

18:18 - How do you get started & how do you find out the perfect marketing strategy?

20:34 - Constantly be in a mentorship

25:45 - Trust and Verify, know the numbers.

27:22 - Finding the right coach

29:13 - Where to find Tom

30:30 - Final Thoughts

32:20 – Thank you for listening to the Big Mike Fund Podcast

Resources:

Wholesaling Inc

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Today I am talking with Chris Miles, the “cash flow expert” on the craziness of a full household, how he creates cash flow for thousands of his clients, his definition of infinite banking, and creating acceleration in your finances.

Minute Markers:

00:28 – Welcome Chris Miles

02:25 – The Business Side of Chris Miles 

03:41 – Retirement versus Financial Independence

05:33 - Infinite banking

09:21 - What infinite banking does

11:40 - How Chris helps folks build cash flow

14:50 - How do you tap into equity?

17:39 - Mutual Funds

19:15 - How do we create acceleration?

22:18 - The cost of money versus what you are collecting on the money

23:00 - How Chris works with his clients/where to find Chris

24:13 - Final Thoughts: Infinite Banking

26:12 – Thank you for listening to the Big Mike Fund Podcast

Resources:

Chris Miles

Money Ripples

The Chris Miles Money Show

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Today we talked with long-time guest Matt Larson about why Quad Cities is a great place to live and do real estate; the process and statistics for turn-key starter homes; and the ins and outs of working with contractors.

Minute Markers:

00:28 – Welcome Matt Larson

01:05 – About Matt

03:51 – Why Matt Does Turn-Key Real Estate

04:55 – Why Quad Cities Does So Well

05:26 – What You Won’t Get with Quad Cities

06:18 – Home, Sweet Home & The Steady Eddy Market

07:33 – Will Quad Cities Do Well in The Down Market?

09:05 – The “Teeter-Totter” to Determine the Economy

10:22 – What to Do During A Market Crash

11:15 – Advice for Buyers

12:20 – Typical Stats for Turn-Key Starter Homes

16:45 – The Value Growth

19:12 – Executing a 3-4 Month Cycle

23:30 – Work Blueprint with Contractors

25:30 – Project Plan and Budget

28:35 – Working with Contractors

31:00 – Giving Matt Credit

31:45 – Praise for Mike

33:28 – Thank you for listening to the Big Mike Fund Podcast

Resources:

Matt Larson LinkedIn

Easy Street Properties (Property Investment)

Matt Larson: [email protected]

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