Live Life by Design Podcast

This weeks "Live Life by Design" podcast is all about female empowerment, the challenges women face, and the path to success in male-dominated industries, particularly real estate investing. Continuing an episode ritual, our hosts open with a quote by Maya Angelou, emphasizing the ripple effect of a woman standing up for herself, not only for her own sake but for the benefit of all women.

A major discussion point in the episode is the balancing act many women face between personal responsibilities and professional aspirations. Our hosts speak candidly about the societal pressures on women to prioritize family over career, which often leads to feelings of guilt, frustration, and self-doubt. Often times men are given more leeway to focus on their careers, women are expected to manage both family and work seamlessly. Despite this, our female hosts emphasize the importance of pushing past these obstacles.

The episode delves deeply into how women can balance business and family, with a focus on time management and consistency. Our hosts share their personal strategies for maintaining a routine, setting daily priorities, and making time for both family and professional commitments. They emphasize that women, who often excel in multitasking and managing household responsibilities, already possess many of the skills necessary to succeed in business. By applying these same organizational and management techniques to their careers, women can thrive in entrepreneurship, especially in industries like real estate.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

In this week's episode of the "Live Life by Design" podcast our hosts delve into the powerful benefits of real estate investing, focusing on themes such as risk-taking, wealth-building, and financial freedom. The episode kicks off with a quote by Mellody Hobson: "The greatest risk of all is not taking one."

Throughout the episode, our hosts stress that real estate has historically been a reliable method for building wealth. They highlight key concepts like appreciation, equity growth, and the value of long-term investments. While acknowledging the risks, they argue that real estate is a tried-and-true path to financial independence. Rental income is discussed as a stable source of cash flow, particularly in the context of short-term rentals like Airbnb. However, they caution that positive cash flow is essential for any investment to be truly beneficial.

A significant portion of the episode focuses on leveraging real estate to multiply investments. Our hosts explain how equity from one property can be used to finance additional properties, making it easier to scale a portfolio. They also explore creative financing strategies, such as property swaps, to optimize investment potential.

Another important point raised is the role of real estate as a hedge against inflation. Our hosts explain that rental prices typically rise in line with the cost of living, while home prices have consistently outpaced inflation over time. They share statistics showing how real estate values have dramatically increased compared to inflation, reinforcing the argument that real estate is a solid long-term investment.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

In this weeks episode of the "Live Life by Design," podcast our hosts dive into the complexities of the ever changing real estate landscape, this week focusing on recent NAR settlements that have reshaped how retail commissions are handled. They explore how these new rules, requiring buyer-agent commission structures to be disclosed up front, have significantly impacted both homebuyers and real estate agents.

The main change from the National Association of Realtors (NAR) settlement is now buyers must now negotiate and pay their agents directly, rather than relying on the seller’s commission to cover these costs. This shift places additional financial burdens on buyers, especially first-time homeowners, and changes the dynamic between buyers and agents. Our hosts emphasize how this development could drive many agents out of the market, as the new system may not justify their time and effort.

Throughout the episode, our hosts stress the importance of being proactive in navigating market changes. They criticize those who react to shifts without proper planning, urging agents to understand their value, manage their time wisely, and set clear expectations with clients. The conversation also touches on larger societal issues, with the hosts discussing how government regulations can sometimes stifle small businesses, further complicating the challenges facing agents and buyers alike.

One story showing the issue recounted by our hosts involves a buyer who toured over 30 homes without making a decision, highlighting the frustrations agents face when dealing with indecisive clients. This frustrating, yet telling example underscores the difficulties of justifying commissions under the new rules while providing a critical look at the challenges of adjusting to new industry regulations..

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

This week's episode of the "Live Life by Design" podcast revolves around the core theme of overcoming limiting beliefs and objections that prevent people from entering the real estate investment industry.

The episode is structured around three common objections that people often cite when hesitating to start in real estate investing. First is the "lack of money," which our hosts identify as the most frequent excuse. They argue that while starting capital is necessary, it shouldn't be a barrier. The discussion leads to creative ways to generate initial funds, such as selling unused items or cutting back on unnecessary expenses.

The second objection is the "lack of knowledge." Many people feel they don’t know enough to get started. Our hosts emphasize the importance of mentorship and learning from those already successful in the field. They stress the value of being coachable and open to acquiring new skills.

The third major theme is the "fear of failure." The episode addresses this fear, along with the tendency to remain in a comfort zone. Our hosts share their own stories of overcoming initial fears by taking risks and stepping out of their comfort zones, encouraging listeners to do the same.

Throughout the discussion, our hosts highlight several key insights. They stress the importance of "investing in oneself," whether through education, networking, or financial commitment. They also advocate for being a "copycat," finding a mentor, or following the strategies of those who have already succeeded, rather than trying to reinvent the wheel. Another crucial point is leveraging "enthusiasm" and the resources available to achieve success, even when starting with limited means.

A notable segment of the episode is the introduction of the concept of "five currencies"—knowledge, time, credibility, relationships, and money. The hosts explain how leveraging at least one or two of these currencies can help listeners succeed in real estate.

.- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

In this weeks episode of the "Live Life by Design" podcast, our hosts dive deep into common mistakes that often trip up new investors and offer valuable advice on how to avoid them. A key theme that emerges is the necessity of learning from failures. Our hosts emphasize that mistakes are inevitable, but they are also opportunities to grow and become more intelligent investors.

As the episode unfolds, our hosts touch on several critical topics. They discuss the perils of trend-chasing, where new investors often fall into the trap of following popular strategies without considering whether they align with their goals or expertise. The importance of having clear, well-defined investment goals is also underscored.

Our hosts also highlight the significance of patience and realistic expectations, reminding listeners that real estate investing is not a get-rich-quick scheme. From personal stories about how long it took them to secure their first deals, they emphasize that success in real estate requires time, effort, and a willingness to weather the market's ups and downs.

Our hosts recommend engaging with a community of like-minded individuals, such as networking events providing invaluable opportunities to learn from others, share experiences, and avoid the pitfalls that come from isolation and ignorance.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

This week's episode of the "Live Life by Design" podcast begins with a thought-provoking quote from Mark Zuckerberg about the importance of building something for the long term, setting the stage for a deep dive into the themes of commitment and focus in the world of real estate investment.

The discussion this week revolves around comparing short-term and long-term rentals strategies. Our hosts stress the importance of thorough market research, understanding the intricacies of the location, and considering various factors that contribute to a property's success throughout the year. They provide actionable advice on how to navigate the complexities of the real estate market, emphasizing the need to stay informed about local regulations and seasonal trends that can impact rental demand.

One of the key insights shared by our hosts is the critical role of market research in determining the viability of short-term rental properties. Our hosts discuss how different locations can have unique appeal at various times of the year, and they delve into the significance of understanding local regulations that might affect rental operations.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

In this weeks episode of the "Live Life by Design" podcast, our hosts delve into the complexities of conducting business by the book, particularly within the constantly changing and challenging regulatory environment of California. Our hosts express the growing frustration among business owners as they navigate ever-changing rules, likening the situation to shifting "goalposts" that make it increasingly difficult to maintain a sense of freedom and stability. The discussion sets the stage for exploring how entrepreneurs can remain resilient and successful even when faced with these obstacles.

A key theme that emerges from this episode is the importance of creativity and adaptability. Our hosts emphasize that in tough times, it is crucial to think outside the box and use the law to your advantage. This mindset shift, from seeing regulations as barriers to viewing them as opportunities for innovation, is presented as a vital strategy for those looking to thrive in restrictive and even hostile environments.

Our hosts highlight the value of surrounding oneself with like-minded individuals who can offer advice, resources, and moral support. This collective approach is seen as essential for navigating the unpredictable landscape of laws and regulations, particularly when going it alone can lead to unnecessary risks and challenges.

This episode underscores the necessity of due diligence as a crucial practice for business owners, especially in regions like California where legislation is constantly evolving. Our hosts caution against complacency, urging listeners to stay informed and engaged to avoid potential financial pitfalls. This advice is framed as a way to not only protect oneself but also to ensure long-term success.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

In this weeks episode of the "Live Life by Design," podcast our hosts explore the transformative journey of Johnny Mazariegos, a dynamic business coach, real estate investor, and entrepreneur. Johnny shares his evolution from making money to mastering the art of multiplying it. The episode kicks off with Johnny's intriguing question: "What if your best-known self could outshine your best self?" This sets the stage for a discussion on financial literacy and personal growth.

The core theme of the episode is Johnny's belief that "best known beats best." In today's digital age, being visible and recognizable often trumps real expertise. Johnny emphasizes the importance of building a personal brand through social media and online platforms, offering valuable lessons for anyone looking to stand out in a crowded marketplace. As the conversation unfolds, Johnny shares a powerful revelation: that true fulfillment often comes from exploring one's hidden talents and making a difference in others' lives.

In a world of fierce competition, Johnny and our hosts advocate for collaboration. They discuss the potential of forming mastermind groups—exclusive business discussions where like-minded individuals solve common problems together. This idea of collaboration over competition is illustrated through successful business partnerships and encourages listeners to seek synergy with others to elevate their success.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

In this weeks episode of the "Live Life by Design" podcast, our hosts sound the alarm on Assembly Bill 968. This new law, which took effect on July 1st, 2024, introduces stricter regulations for house flippers in the Golden State. Our hosts break down the key provisions of the bill, including the requirement for comprehensive disclosure of repairs and renovations on properties flipped within 18 months of purchase.

This episode takes an impassioned turn as our hosts express their frustrations with the new legislation. They argue that AB 968 may have unintended consequences, including, potentially driving up housing costs and making it more difficult for small-scale investors to operate. Our hosts discuss how the law might impact various players in the real estate market, from contractors to wholesalers, and even touch on the potential need for investors to "lawyer up" to ensure compliance.

As the episode unfolds, our hosts share personal anecdotes and insights from both the investor and contractor perspectives. They explore the challenges of balancing profitability with quality work and fair pricing in the face of increased regulations. The conversation also touches on broader issues of doing business in California, with the hosts lamenting what they perceive as an increasingly difficult environment for small businesses and entrepreneurs.

Despite their criticisms of the new law, our hosts emphasize the importance of adapting to change. They reference the episode's quote from Albert Einstein about solving problems with new thinking, encouraging listeners to get creative in their approach to real estate investing. The hosts suggest that investors may need to reconsider their acquisition strategies and pricing models to navigate the new regulatory landscape successfully.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor

In this weeks episode of the "Live Life by Design" podcast, our hosts Steve and Sarah dive deep into the misconceptions surrounding goal setting and achievement. Our hosts emphasize that motivation alone isn't enough to reach your goals, and that building habits and discipline are crucial for long-term success.

Throughout the episode, Steve and Sarah challenge common myths about goal-setting and achievement. They discuss the importance of breaking big goals into smaller, manageable steps and the reality that success is rarely a linear journey. Our hosts share personal anecdotes and experiences, while stressing the need for adaptability in your plans and the inevitability of setbacks along the way.

One of the most intriguing parts of the episode is their exploration of the misconception that achieving a goal leads to instant happiness. They argue that while accomplishing goals can bring satisfaction, true happiness comes from within and from enjoying the journey itself. They also delve into the necessity of sacrifice when pursuing ambitious goals, encouraging listeners to "pick their hard" and decide what they're willing to give up to achieve their dreams.

- Links -

To learn more about Become An Investor -- > www.BecomeAnInvestor.com

To learn more about Foreclosures -- > www.fliphouseslivelife.com/foreclosureebook/

Follow on Social Media -- > @BecomeAnInvestor