Passive Wealth Principles

Property and business ownership can be stressful, especially when you're ready for a new start. 

Businesses and real estate owners often get taxed with 30-50% in capital gains tax on the sale of their assets (businesses, high-end primary homes, or investment properties).

Brett Swarts, founder of Capital Gains Tax Solutions helps his clients defer their capital gains taxes, works with sellers of bitcoin and real estate to plan exit strategies, and determines whether the Deferred Sales Trust is suitable for them.

In today's episode of the Passive Wealth Principles podcast, Brett shares his story and what was his first investment deal.

He will talk about some innovative ways to solve problems and how to create next-level tax strategies.

He will reveal how you can utilize deferred sales trust to gain future value and create a better position.

He will explain what is a deferred sales trust, how it works and why it can be an alternative to a 1031 exchange.

He will also discuss some of the planning that someone needs to do if they want to sell a highly appreciated asset and much more.

Listen now and enjoy!

What You’ll Learn in this Show: 

• Brett’s background and what was his first investment deal
• How can you utilize deferred sales trust to gain future value and create a better position 
• Some innovative ways to solve problems that Brett discovered
• What are some of the planning that someone needs to do if they want to sell a highly appreciated asset
• And so much more...

In this new “What I Learned...” episode of The Catching Knives Podcast, host Jake Harris discusses his insightful interview with Jace Mattinson and shares his most meaningful takeaways.  

You will learn who is Jace and what was the episode with him about. 

You will discover one of the key things that made Jace successful and what it means to build a business that is scalable and sellable.

Jake will reveal the decision matrix behind selling a business and the reasons why business is inherently good.

You will also discover why doing nothing can be a risk and why it is better to take a calculated risk, as opposed to being risk-averse.

Listen now and enjoy!

What You’ll Learn in this Show: 

• Who is Jace and what was the episode with him about?
• What does it mean to build a business that is scalable and sellable?
• The decision matrix behind selling a business, or a property
• Building and structuring better systems to highlight the benefits of businesses
• Taking a calculated vs being risk averse
• And so much more…

Resources:

Jace’s Linkedin

Jace Mattinson Interview

His interest in entrepreneurship, building wealth and personal finance began at a very young age and he believes he always had it in his blood. So, his journey to success actually started with selling snow cones and candy as a kid. 

At 27 years old he took the opportunity to get from a CPA to structuring a leveraged buyout of a 250 person and 30 store company, and then have a nine-figure exit on it.

This is just a small part of today’s guest’s incredible story.

In this special episode of the Catching Knives podcast, Jace Mattinson shares his fascinating journey to success as well as some valuable insights for any entrepreneur. 

Jace will talk about the mindset behind his transition from a CPA to owning a lumber company and he will reveal the secret keys to his nine-figure exit.

He will also talk about the challenges of building a whole staff, processes, procedures from scratch and what it takes to develop better systems for highlighting the benefits of businesses.

You will find out what Jace is doing today and how he is applying the lessons he has gained along the way.

Jace will reveal the secret key to becoming a better leader, the reasons why business is inherently good, some of his strategies for finding new deals and much more.

Listen now and enjoy!

What You’ll Learn in this Show: 

• The mindset behind Jace’s transition from a CPA to owning a lumber company
• What is the secret to Jace's nine-figure exit from his first business?
• Scalable and sellable businesses: what does that mean?
• The reasons why business is inherently good
• Jace’s strategies for finding new deals
• And so much more...

Resources:

Millionaires Unveiled Podcast

Jace’s Linkedin

Jace’s Facebook

Jace’s Instagram

The Money Guy Show

How We Built This Podcast

Book: Leading Change

Book: Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones

Jake Harris's inspiring interviews on The Catching Knives Show provide a lot of inspiration, knowledge, and actionable strategies. He thus decided to do a series of special episodes in which he will synthesize the information provided by his guests and the nuggets that he has taken away.

In this new episode of "What I Learned...". Jake will explore key takeaways from his conversation with Ryan Stenberg, a young investor who purchased $30 million worth of real estate in less than one year. 

You will find out who is Ryan Stenberg and what was the episode with him about.

You will discover how someone with not a lot of experience, can get into a $30 million deal and become financially free in a very short time and at a very young age.

You will also learn how Ryan and his partners used technology and their tech skills to make a difference in real estate.

You will learn about the concept of a one-way and two-way door and how Ryan use it to get deals and much more.

Listen now and enjoy!

What You’ll Learn in this Show: 

• Who is Ryan and what was the episode with him about?
• How a 25-year-old with no experience can get into a $30 million deal and become financially independent
• What is the concept of a one-way and two-way door and how did Ryan use it to get deals
• How Ryan and his partners used technology and their tech skills to make a difference in real estate
• Significant ways to add value to a commercial real estate deal 
• And so much more...

Resources:

Ryan Stenberg’s Interview

Having financial freedom before you turn 30 may seem impossible to many people in their 20s, but it is possible. 

Jake Harris' guest on today's episode is the living proof of that. At only 25, Ryan Stenberg acquired $30 million worth of real estate in less than a year. 

In 2021, Ryan left his job at Google and co-founded West Egg Real Estate, a data-driven real estate syndication firm specializing in acquiring low-basis commercial properties in Tier II markets. 

In a very short period of time, Ryan and his business partners managed to achieve amazing success.

In today's episode of the Catching Knives podcast, Ryan Stenberg shares his incredible story and the secret to becoming financially independent at a very young age. 

He will talk about his experience at Google, the important lessons he took from it and also what made him leave and start his own business.

He will also share what led him to the discovery of commercial real estate and how he got started. 

You will find out how a one-million-dollar deal can become a 25 million dollar deal after just one year and what is the number one thing to focus on when starting a real estate business.

Ryan will also reveal some de-risking strategies in real estate investing, the number #1 advantage tech people can have in Real Estate and much more.

Listen now and enjoy!

What You’ll Learn in this Show: 

• The lessons Ryan learned from his experience at Google and what made him leave to start his own company.
• How did a one-million-dollar deal become a 25-million-dollar deal after just one year?
• The number #1 advantage tech people can have in Real Estate
• Effective de-risking strategies in real estate investing
• How does Ryan's due diligence process look and what led him to build it?
• The number one thing to focus on when starting a real estate business
• And so much more...

Resources:

Website

Ryan’s Linkedin

Open Source Real Estate Facebook Group

In this new “What I Learned...” episode of The Passive Wealth Principles podcast, Jake Harris will break down his conversation with Matt Aitchison, a succesful real estate investor, syndicator, podcaster, speaker and philanthropist.

Jake will summarize the information provided by Matt and the nuggets he has taken from the conversation. 

You will find out Who is Matt Aitchison and what experiences transformed him into the person he is today.

You will learn what Matt did to get through the moment he felt the most scared as an investor.

You will also learn more details about some key experiences Matt had during the Covid pandemic.

You will discover why it is essential to establish routines and systems in your life and business.

You will find out what is the “relationship recharge system” that Matt uses to create better connections with his wife and kids.

Listen now and enjoy!

What You’ll Learn in this Show: 

• What Matt did to get through the moment he felt the most scared as an investor
• The importance of establishing routines and systems
• The relationship recharge: 3 powerful questions that Matt uses to create better connections with his wife and kids
• The importance of being around the right people and leveraging the knowledge of the collective 
• And so much more...

Resources:

Matt Aitchison’s Interview

A real estate investor, syndicator, speaker and philanthropist, Matt Aitchison has flipped hundreds of houses, built a Top 1000 real estate team in the U.S. 

Currently, he focuses on raising capital for syndications and scaling his passive income portfolio to include commercial strip centers, hospitality assets, and single family rentals. Also, he hosts the Millionaire Mindcast, a Top 100 business podcast.

Matt is passionate about helping others become more wealthy, free, and fulfilled in their life and business through real estate and business investment opportunities.

In today's episode of the Catching Knives podcast, Matt shares a lot of wisdom and some really powerful and inspiring experiences that transformed him into the person he is today.

He will talk about a defining moment in his life when he was expelled from school and arrested and how this experience changed his trajectory forever.

He will share the moment when he was the most scared as an investor and what he did to get through it.

He will reveal some powerful ways to continuously optimize yourself and grow as a person and in your business.

You will discover the story behind The Millionaire Mindcast, you will learn how you can be a millionaire in all areas of your life and much more

Listen now and enjoy!

What You’ll Learn in this Show: 

• The moment when Matt was the most scared as an investor and what did he do to get through it
• Ways to you continuously optimize yourself and grow as a person and in your business
• Matt’s experience with joining GoBundance and how it influenced his life and business
• The relationship recharge: Powerful question that Matt uses to create better connections with his family
• And so much more...

Resources:

Mattaitchison.com 

Matt’s Facebook

Matt’s Instagram

Matt’s Youtube Channel

The Millionaire Mindcast

Books:

Catching Knives: A Guide to Investing in Distressed Commercial Real Estate

Wealth Can't Wait: Avoid the 7 Wealth Traps, Implement the 7 Business Pillars, and Complete a Life Audit Today!

Essentialism: The Disciplined Pursuit of Less

The Psychology of Money: Timeless lessons on wealth, greed, and happiness

Welcome to the first episode of The Passive Wealth Principles Podcast with Jake Harris.

In this origin episode, Jake will talk about his own story, what motivated him to create this show, what the podcast is going to be about, what is the target audience of it and what kind of people are going to be invited as interview guests.

You'll learn what are the 3 core principles of what you'll get from this podcast. 

You will find out what is the secret to unlocking your true, unlimited potential for happiness.

Jake will share the story of his own career and how it led to the idea of this podcast.

He will also talk about the discernment of the way that we earn income, what is horizontal and vertical.

You will also find out who is this show for and what is the story behind the name of the podcast.

Listen now and enjoy!

What You’ll Learn in this Show: 

• The 3 core principles of what you'll get from this podcast:
• #1 Monkey see, monkey do
• #2 How to multiply your time
• #3 How to get out of your limiting mindsets to pursue your true purpose
• The secret to unlocking your true, unlimited potential for happiness
• The origin story of Jake Harris' career
• Who is this show for?
• And so much more...

Resources:

Rich Dad, Poor Dad 

Atomic Habits

Catching Knives: A Guide to Investing in Distressed Commercial Real Estate