Not Your Average Financial Podcast™

Episode 133: Client Spotlight: Engineers and Bank On Yourself® Superstars, Derek and Amy Baker

Listen Later

In this episode, we ask:

  • Who are Derek and Amy Baker?
  • How did Derek earn his first dollar on the horse farm?
  • How did Amy earn her first dollar while camping?
  • When did they start thinking beyond the employee mindset?
  • How did thinking about paying for college motivate them?
  • What sort of real estate investments do they hold?
  • What did they learn at the conference?
  • How did they meet Mark?
  • How are they saving for college?
  • What do they love about the concept?
  • Why did Derek and Amy choose to work with Mark?
  • What do they love about working with Mark?
  • What did they learn?
  • What about who you know?
  • What about who you like?
  • What about who you trust?
  • Is this too good to be true?
  • What about moderate and solid growth?
  • What about liquidity?
  • What about access?
  • What about government restrictions?
  • What about going against the grain?
  • What about building generational wealth?
  • How do they use their cash value?
  • How does this affect their real estate work?
  • How do they deploy cash?
  • What about property inspections?
  • What about traveling to the property?
  • What about putting money into the value add?
  • What about advertising cost?
  • What about Bridge loans?
  • What about repairs?
  • What’s the scariest part of banking on yourself?
  • What about the time to “brew”?
  • What does it feel like to be a financial weirdo?
  • Why did Derek and Amy get into real estate?
  • How do they set themselves up with multiple streams of income?
  • What was the wake up call?
  • How are they building assets?
  • How did the Bank on Yourself® type policies help them through difficult times?
  • What about the flexibility of the policies?
  • How does this feel like a safety net?
  • What about fees?
  • As engineers, how did Derek and Amy get past the initial cost of life insurance?
  • Is this unbelievable?
  • What about the power of Bank on Yourself® type policies?
  • What are Derek and Amy doing with real estate syndication?
  • Would you like to reach out to Derek and Amy?
    • [email protected]
    • What advice do Derek and Amy have?
    • How might you be more active and present?
    • Are most people overly passive with their money?
    • When is the best time to take a step?
    • What do you love about Derek and Amy?
    • How do they use real estate investing AND Bank on Yourself® type policies?
    • How do Derek and Amy think out three generations?
    • What makes all of the difference?
    • Would you like a FREE book?
    • Would you like to leave us a review?
    • What are people saying?
    • Would you like to leave us a voice message before April 19, 2020? Our question is:
      • What does a realistic budget look like?

        • Derek and Amy Baker are Founder and Co-Founder of Jamtine Investments headquartered in Grand Blanc, MI. They currently own and manage a multifamily rental portfolio of 253 units in Michigan, Texas and Tennessee. Derek and Amy have been active in real estate since 2016 with an emphasis on apartment syndication. They are members of Think Multifamily led by mentors Mark and Tamiel Kenney. 

        Derek and Amy are graduates of Michigan State University. They both currently work for General Motors as Engineers and both hold a Bachelor of Science degree in Mechanical Engineering and Master of Science degree in Engineering Management. They have three beautiful children Molly (4), Emma (2) and Brayden (8 months) along with their perfect rescue dog, Izzy.

         

        ...more
        View all episodesView all episodes
        Download on the App Store
        Not Your Average Financial Podcast™By Not Your Average Financial Podcast™
        • 4.7
        • 4.7
        • 4.7
        • 4.7
        • 4.7

        4.7

        122 ratings

        More shows like Not Your Average Financial Podcast™

        View all
        BiggerPockets Real Estate Podcast by BiggerPockets

        BiggerPockets Real Estate Podcast

        16,775 Listeners

        Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

        Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

        3,868 Listeners

        Creating Wealth Real Estate Investing with Jason Hartman by Jason Hartman

        Creating Wealth Real Estate Investing with Jason Hartman

        536 Listeners

        The Best Ever CRE Show by Joe Fairless

        The Best Ever CRE Show

        992 Listeners

        Rental Income Podcast With Dan Lane by Rental Income Podcast

        Rental Income Podcast With Dan Lane

        829 Listeners

        Get Rich Education by Real Estate Investing with Keith Weinhold

        Get Rich Education

        601 Listeners

        Main Street Business by Mark J Kohler and Mat Sorensen

        Main Street Business

        585 Listeners

        Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

        Passive Real Estate Investing

        971 Listeners

        Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

        Real Wealth Show: Real Estate Investing Podcast

        413 Listeners

        Tax Smart Real Estate Investors Podcast by Hall CPA

        Tax Smart Real Estate Investors Podcast

        422 Listeners

        The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

        The WealthAbility Show with Tom Wheelwright, CPA

        518 Listeners

        Real Estate Investing with Coach Carson by Chad Coach Carson

        Real Estate Investing with Coach Carson

        617 Listeners

        Ken McElroy Show by Ken McElroy

        Ken McElroy Show

        721 Listeners

        Real Estate Rookie by BiggerPockets

        Real Estate Rookie

        1,837 Listeners

        PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

        PassivePockets: The Passive Real Estate Investing Show

        129 Listeners