How Do You Know?

We dive deeper into the How to Create Passive Income & Financial Freedom, with Whitney Elkins-Hutten to learn more about how you can achieve a life doing what you want, when you want with who you want. 

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

Whitney is the founder of Ash Wealth Consulting and Director of Investor Education at PassiveInvesting.com. She hosts the Passive Investing Made Simple podcast and is a partner in $800M+ of real estate assets—including 6,500+ residential units, 2,200+ self-storage units, and more than $5M in fix-and-flipped properties. 

She hit a home run on her first deal and then nearly lost it all on her second deal. Yet, she climbed her way back up and now helps others create passive income and financial freedom for multiple generations. 

We discuss: 

• Understanding the capital stack
• Navigating investor fears 
• Do market cycles matter? 
• The importance of debt in investments 
• Lessons learned from rock bottom and bad investments
• Class A versus B versus C investments
• Top investment advice for her clients
• Self-leadership and time management 
• Wealth protection and transfer
• Investing concepts to master
• Investment trends for future generations
• Value-based spending vs budgeting 

Reach her at passiveinvestingwithwhitney.com

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

Brooklyn Holton is a three-time Team USA bobsled medalist, a professional women's footballer, a "30 under 35" award recipient in 2020 and now has her own business helping entrepreneurs. 

She discusses how she went from professional athlete to business entrepreneur and tons of tips and tricks for wealth building. Topics discussed include: 

• Transition out of athletics
• The importance of financial literacy and tax strategy
• Who should consider Entrepreneurship
• The value of a structured business plan
• Common challenges businesses face
• The importance of systems

You can find her at: https://www.firmfoundationscc.com/

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

We dive deeper into the "How to Time the Market and Macroeconomic Cycles" episode, with Mike Englund, to answer more detailed questions about the economy and taking into account market timing when making investment decisions. 

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

Mike is an economist whose work focuses on short-term macroeconomic forecasting and calculating quarterly GDP figures for the U.S. economy from incoming monthly source-data. We cover: 

• Understanding the role of economists
• The Evolution of economic forecasting
• Investment strategies: Market timing v long-term hold
• Market behavior during market uncertainty
• Monetary policy: mechanism & impact 
• The risks of the national debt
• The shift in economic stability
• Understanding fiscal policy & their impact
• Current macroeconomic trends & inflation
• Investment strategies for individuals

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

We dive deeper into the "How Do You Know Who to Partner With" episode, with Chris Larsen to answer more detailed questions about the most important part of the due-diligence process - who the sponsor is and if you should trust them with your money. 

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

On this episode Chris Larsen shares his insights on the investment due-diligence process, in particular with regard to vetting the sponsor. 

After 18 years in the medical device industry, Chris dedicates his time to helping others become financially independent through education and investment opportunities. Chris has been investing in and managing real estate for over 20 years. He has experience in development, private-lending, distressed debt as well as commercial office, and syndications including assets across: multifamily, self-storage, hotels, mobile home parks, car washes and senior housing. Since 2016 he has been actively involved in over $1.5B of real estate acquisitions.

Chris holds a B.S. in Biomechanical Engineering from Virginia Tech and a M.B.A. in Finance from the Pamplin School of Business. In addition to real estate, Chris was an All-American cyclist while in college and has held multiple state championships, podiums in national championships as well as top-10 in world championships during his cycling career. Chris lives with his wife, two boys (and Vizsla, Lucy!) in Asheville, NC where he loves spending time with them in the outdoors and enjoying the food and culture that the region has to offer

We touch on: 

• Why vetting the sponsor is the most important aspect of due-diligence
• The importance of references
• Character, communication & attention to detail
• Seeking legal advice

Website: https://nextlevelincome.com/

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

We dive deeper into the "How to Underwrite an Investment Opportunity" episode (Part 2), with Hans Box to answer more detailed questions about the underwriting process and investment projections so that you can know what to look out for in investment projections.

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

Hans Box started his career at PWC in tax and strategy consulting for Fortune 500 companies.  He transitioned to real estate investing and has been directly involved in the acquisition, investment, and management of over $350MM in multifamily and self-storage assets, asset managed ~3,700 multifamily units and has been the GP in ~4,300 multifamily units and ~2,700 units of self-storage. On top of that, he is an active LP investor, having invested in 60+ different LP opportunities, spanning all asset classes.

In Part 1 of this 2 part series we discuss: 

• Key definitions and terms
• Evaluating Sponsors
• Evaluating the proforma
• Considerations for tax, insurance, rent and occupancy 

In Part 2 of this series we cover: 

• How to consider comparable properties 
• Comparing the profit and loss statement 
• Understanding the true cash flow 
• Why the financing structure is most important 
• Typical fee structures 

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.

On this episode Logan Freeman shares his winding journey from the NFL to franchises, sales and eventually real estate. 

He has earned a title as top voice on LinkedIn and now runs a commercial real estate company in Kansas City. We also dive into: 

• Mental resilience
• The power of discipline
• How to narrow down your future plans
• Where to start with financial literacy 
• Avoiding costly mistakes 

Website: https://ftwinvestmentsllc.com/logan-freeman/

DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial professional for advice specific to your situation. The views and opinions expressed are those of the hosts and guests, and do not necessarily reflect those of the podcast, producers or sponsors, we make no representations or warranties regarding the accuracy or completeness of the content.