The Art of Passive Income

How To Fix The Hole In The Funding Boat


Listen Later

Are you a real estate investor who is coming up short on funds needed to close the deal on that great opportunity knocking at your door?

Our guest today, Bruce Mack, is a professional real estate investor who has done over 102 million in transactions and has been a licensed financial advisor for over two decades.

Bruce discovered that there is a big hole in the funding boat when he saw real estate people coming up short on their funding and were losing out on deals. So he founded Platinum Financing Group to plug that hole.

Platinum Financing offers a variety of unique finance solutions and he’s going to talk about some of those solutions today.

Bruce, who says there are few asset classes they won’t work with, starts us off by going over two critical pain points—getting funded when you’re first starting out and then protecting your funds.

Listen in as we go over:

  • The various programs offered
  • Why corporate credit is not a workable solution for real estate investors
  • How not to be classified as a dealer

Then, find out what Bruce uncovered on his search for the holy grail of trusts as he does a deep dive into trusts and the program, Asset Protection Tax Mitigation Trust.

Specifically with asset protection, it’s bulletproof in as much no lien or judgment could ever be executed against an individual or against the trust.

Are LLCs a viable source of protection?

The answer and so much more on today’s valuable and informative episode of The Art of Passive Income!

TIP OF THE WEEK

Mark: My tip of the week is to go to PlatinumFinancingGroup.com.

Bruce: Check out the book, The One-Minute Manager by Kenneth H. Blanchard and Spencer Johnson. It’s an hour read to learn how to be a good one-minute manager.

Also, if you are interested in learning about the financing component, go to PlatinumFinancingGroup.com. There is an active calendar and you can block out 15-minutes to discuss what you want on initial consult.

And, for those who are looking for complementary trust consultation go to PlatinumTrustGroup.com.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

.

...more
View all episodesView all episodes
Download on the App Store

The Art of Passive IncomeBy Mark Podolsky

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

685 ratings


More shows like The Art of Passive Income

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

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

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

Passive Real Estate Investing

971 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

422 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,082 Listeners

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

The WealthAbility Show with Tom Wheelwright, CPA

518 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

On The Market by BiggerPockets

On The Market

900 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

697 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

838 Listeners