Passive Income Adventures

Passive Income Adventures

By Emma PowellBusinessInvesting
Download on the App Store

Passive Income Adventures episodes

  • 026 - Entrepreneurs are often faced with decisions that impact the rest of their life - Mike Morawski
    Michael “Mike” Morawski is a 30+ year real estate investment veteran. He has controlled over $285,000,000 in real estate transactions.  Mike is an entrepreneur, author, real estate trainer, public speaker, and personal coach with a strong, personal resilience, and deep desire to help others live an extraordinary life. He has coached hundreds of real estate investors to fulfill their dreams.
    Michael began as a general contractor in the Northwest Suburbs of Chicago with $5 mm in annual revenue. He sold his company and then took some time off to decide what to do next. Michael entered the real estate industry as a sales agent building a team of agents and support staff that produced over $20 mm per year in sales production.  In 2005, Michael started a private equity firm, raising $18 mm in private equity and acquired $60 mm in multi-family apartments including 4,000 units in five different US markets. As part of the company’s growth, Mike built and developed a property management division that managed 7,500 units.
    Mike has always believed that transparency and honesty are central to any successful business and personal life. As a result of the 2008 world economic crisis, Mike let his guard down and let his transparency slip. The impact that had on his company and its real estate holdings left him scrambling to protect the company and its investors.
    Due to the market climate, he found himself in a defensive mode operating out of chaos and fear. In an attempt to protect his company’s investors, Mike had to make difficult business decisions. Some of those decisions were handled poorly.  As a result of those poor decisions, the company imploded and Mike faced wire and mail fraud charges which lead to a 10-year federal prison sentence.
    To read more about his story, you can read the full story in the Journal of Business Ethics titled: Multi-Family Ventures, LLC and the 2008 Financial Crisis: Ethical Decisions Regarding Keeping the Board Informed. 
    This was a devastating loss of life as he knew it and everything he thought was important and came as a harsh wake-up call.
    Mike used his time in prison to make a difference. He worked to receive his college bachelor’s degree. Mike developed and taught bible studies, ethics, real estate, and property management classes. Mike served on a prison suicide cadre and was involved in the community outreach program.  He was one of the founding members and president of toastmasters as well as a core member of Alcoholics Anonymous. He and his story made a positive impact in the lives of others both in and outside the prison walls.
    Mike’s resilient mindset helped him turn things around. Now Mike is focused on helping real estate owner/operators and other industry professionals make wise, responsible decisions while continuing to grow their businesses and create a profit. The positive impact Mike can have on you comes from learning from his experiences, both positive and negative. Mike offers to be what he did not have during that time – someone to help you make tough decisions when challenges come your way.
    Mike’s comeback story will inspire you and open your eyes. Entrepreneurs are often faced with decisions that impact the rest of their life. As Mike experienced, those choices can either be positive or devastatingly negative.
    Connect
    MyCoreIntentions.com 
    linktr.ee/mikemorawskicoaching 
    linkedin.com/in/michael-morawski
    45 min
  • 025 - You have to be more creative and come up with your own approaches for things that maybe others are not doing - Stefan Tsvetkov

    Stefan Tsvetkov

    Founder of RealtyQuant (https://www.realtyquant.com), a company that brings data-driven and quantitative techniques to the real estate industry. On a mission to add industry value through education, investment, technology, and analytics.


    Former financial engineer (Columbia MSFE) managing ~ $90 billion derivatives portfolio jointly with colleagues. Multifamily investor, analytics speaker, and live webinar host.

    Featured on over 40 Podcast/Webinar events including Elevate, Best Ever Real Estate Show, Investing in the U.S. etc. Organizer of Finance Meets Real Estate live webinar series, with ~3000 subscribers and over 80 live webinars.

    Connect

    realtyquant.com 

    youtube.com/c/StefanTsvetkovFinanceMeetsRealEstate

    linkedin.com/in/stefantsvetkov

    instagram.com/stefantsve

    917-378-3154

    45 min
  • 024 - The one concept that I have seen consistently across 300 books from different authors, different perspectives, is that all of the answers are within - Thurben James
    Thurben James
    Thurben originally from the island of St. Croix is an author, and multifamily real estate investor. Outside of real estate he helps new authors get self published, he hosts a mastermind and meetup in his local city tailored to serve those looking to increase their income.
    His mission is to serve those he comes in contact with, and build millionaires inspired to build millionaires. Outside of his entrepreneurial endeavors he enjoys time with his family, reading, and enjoys cars as a hobby.
    Connect
    Phone: 813-298-4631 (Text is the best way to reach me)
    Amazon Link to my Book: How To Read 50 Books In A Year Like A CEO: How to Harness The Treasure of Books, and Become A More Successful Individual
    LinkedIn
    linkedin.com/in/thurben-james-846153123
    Linktree
    linktr.ee/thurbzandbee
    Have an Amazing Day!
    39 min
  • 023 - I just felt like my job was getting in the way of my progress - Don Spafford

    Don Spafford

    Don has an educational and professional background in Finance and Securities Investing. He has held several management and leadership positions in his corporate finance career as well as various volunteer service positions. He grew up most of his life around Omaha, Nebraska and now lives in Idaho Falls, Idaho.

    He bought his first property, a four plex, in 2017. Then he began to scale into commercial real estate including ground up development projects and joined Happy Camper Capital in 2021 where his team focuses on syndicating RV Resorts. He enjoys it and really enjoys providing great returns to the investors. He is also a partner with a build-to-rent multifamily group, developing 600+ unit apartment communities.

    He enjoys spending as much time as he can with his Family to create lasting memories. He loves to serve and help others. His hobbies include coin and bank-note collecting and traveling. He has been married for over 21 years and has 4 children. He also is fluent in Spanish.

    Connect

    linkedin.com/in/don-spafford-5887867

    happycampercapital.com

    37 min
  • 022 - If You're Paying a Higher Interest Rate Than What You Could Otherwise Achieve Through an Investment, it's Bad Debt - Travis Watts

    Travis Watts is a proven leader in the real estate industry, where he’s been investing since 2009 in multi-family, single-family and vacation rentals. He began investing with Ashcroft Capital several years ago and has taken part in more than 30% of the Ashcroft opportunities. After experiencing above-average communication, reporting, deal volume and performance, Travis expressed interest in joining the Ashcroft Investor Relations Team. Travis also has a background in traditional Wall Street investing and obtained a Series 7 and Series 63 license while working at a major brokerage firm with more than 400 billion in assets. He now dedicates his time to educating others in the world of investing and has made it his mission to share passive investment strategies in order to help others achieve and maintain wealth in real estate.

    Connect

    ashcroftcapital.com/connectwithtravis 

    calendly.com/traviswatts 

    linktr.ee/passiveinvestortips 

    linkedin.com/in/traviswatts1234

    Phone

    954-342-6154 (Work)

    Email

    49 min
  • 021 - Like Johny Appleseed Throw Out Seeds and Meet People - Jeff Greenberg
    Jeff Greenberg is the CEO and Managing member of Synergetic Investment Group, LLC (SIG). For over 12 years he has managed all aspects of commercial real estate ownership including acquisitions, investor relations, operations, value add implementation, and dispositions.
    Through SIG Wealth Fund, a diversified and customizable Equity Fund, SIG provides the opportunity for high net worth individuals to passively invest in Commercial Real Estate with best in class Commercial Deal Syndicators. Jeff uses his extensive experience and network to help investors to discover and invest in high quality alternative investments.
    Jeff has been involved in projects worth nearly $150 million consisting of over 2000 units. He has been involved with stabilized and value add properties including Student Housing, as well short term rental, and Market Rate MF properties.
    Connect
    synergeticig.com 
    linkedin.com/in/jeff-greenberg-a9974411
    46 min
  • 020 - Surround Yourself with People who Think Bigger - Ben Bollingbroke and Jordan Jaramillo

    Ben Bollingbroke

    I am a recent graduate from the University of Utah in Biomedical Engineering. Although my college years were full of lab work and research experiments, somewhere along the way I found real estate and discovered my passion for investing and entrepreneurship.  Through networking, studying and hard work, I purchased over 2 million dollars of real estate during my college years. I am currently working to build my real estate portfolio and scale my business into bigger and bigger deals.

    Jordan Jaramillo

    I am an entrepreneur and have always worked 100% commission base jobs. Everything I have earned has been off of my production, I soon learned to work smarter and not harder.  I developed a love for real estate when I realized that I could direct all my earnings and efforts into an asset that would appreciate in value, and always be a value in our economy. By having that asset grow my money and spin off a monthly check for me I was SOLD! I have been able to acquire over $2million dollars worth of real estate in just over a year. This has replaced my monthly living expenses and helped me grow in other aspects of my life because my money is now working for me. I’m currently working towards scaling my real estate portfolio and working with like minded people in growing portfolios together.

    Connect

    instagram.com/theasset.mindset

    linkedin.com/in/ben-bolingbroke

    calendly.com/ben-bolingbroke/meet-w-ben 

    linkedin.com/in/jordan-jaramillo-22749319b

    52 min
  • 019 - Hey I can be my own Boss - Clay Rockwood

    Clay Rockwood

    Clay is Co-Founder and Partner of Soar Capital Group and oversees commercial acquisitions and financing. He has been acquiring and managing multifamily properties full time since 2009. Clay began his career as a real estate agent and broker more than a decade ago and shortly thereafter moved into the acquisition, renovation, and disposition of both residential and commercial projects. He has started various successful startups in the real estate industry as well as the food & beverage industry.  He has been involved personally in over 500+ real estate transactions.  Soar Capital Group is a small boutique investment firm that has ownership and management control for 300+ multifamily doors & 120+ mobile home park pads with a combined market value of $40M+ spread across 30+ different properties.  Clay holds a BS from the University of Utah.

    Connect

    soarcapitalgroup.com/clay

    linkedin.com/in/clay-rockwood-b915851

    Instagram

    Youtube

    Facebook

    TikTok

    UtahRealEstate

    Reevyew

    46 min
  • 018 - I'm a numbers person. I like numbers, but I think I like dollars more than numbers - Ciaar Hoffmanm
    Ciaara Hoffmanm
    Hailing from Vancouver, Canada, Ciaara combines her knowledge and experience working in the finance and marketing industry. She started her real estate career in 2014 as a real estate investor. Ciaara realized she loved being face-to-face with clients and helping them navigate the complexities of real estate transactions and became a real estate agent. Ciaara is proud to be part of OSO Realty Group, a Real Estate Team that's laying the foundation for a modern cutting-edge service that truly cares about its clients and partner agents more than profit.
    Connect
    www.thrivewithsynergycapital.com
    linkedin.com/in/ciaarahoffmann
    instagram.com/crebosses
    tiktok.com/@crebosses
    crebosses.com
    facebook.com/CiaaraHoffmann
    Phone: 909-217-5510
    sdvoyager.com/interview/life-work-ciaara-hoffmann
    41 min
  • 017 - Does the market still make sense? Am I still generating the returns to continue my path and reach that goal that I set out to in the beginning? - Aileen Prak

    Aileen Prak

    Aileen is the co-founder of Bonavest Capital, where she helps people generate passive income through real estate syndications. She is on the path to creating time freedom for her family and 2 younger children and believes real estate is the best vehicle that can help her and others achieve this dream.

    Aileen received her MBA from Notheaster University and has over 10 years of experience in the Aerospace industry as the finance lead on several multi-million-dollar projects.

    Shi is also the host of the 5 day per week real estate podcast How Did They Do It? Real Estate, where she interviews top experts in the Real Estate Industry with a focus on personal growth and real estate investing.

    Connect

    www.bonavestcapital.com

    Instagram: @howdidtheydoit.realestate

    LinkedIn: @aileenprak

    47 min

About Passive Income Adventures

From the publisher's feed

Achieve success through inspiring stories and tough lessons from entrepreneurs and investors. Go behind the scenes in their business deals and passive income adventures. This is a team sport, and every success or mistake has a group of people behind it with stories to learn from.

More shows like Passive Income Adventures

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

996 Listeners