Profits Over Wages Podcast

On Episode #29 of the Profits Over Wages Podcast, we sit down with Nick Kats. Nick is a city of Chicago native and local real estate entrepreneur with over 20 years of broker and investment experience. Nick has extensive knowledge of Chicago and focuses on renovating vintage mixed-use buildings, often operating in areas of Chicago that are in the process of rejuvenation and reinvestment, in neighborhoods such as Logan Square, Avondale, Humboldt Park, Pilsen, and Bridgeport. All real estate is local and nothing is more local than influencing the neighborhood with new businesses and finding local success stories to bring to other parts of Chicago. For this reason, Nick has developed a YouTube Channel - Nick Kats: Chicago Real Estate Channel to showcase these local success stories. In an effort to promote the continued economic development of these neighborhoods, Nick has also helped developed a non-for-profit called CRC or Chicago Reform Committee, to help further showcase Chicago's hardworking population investing in their own city and advocate for common sense housing policy. Lastly, Nick coaches others who want to get into real estate investing, to bring prosperity to their own communities. "I coach anyone who has the commitment and the humility to ask for advice from some who has done it. I live and operate in Chicago and want to spread awareness on how to create value for your community through real estate development."

On this episode we talk about the pros and cons of investing on mixed-use properties, one of Nick's videos going viral, and about what Nick is doing with his non-for-profit, Chicago Reform Committee (CRC) where he helps further showcase Chicago's hardworking population investing in their own city.

On Episode #28 of the Profits Over Wages Podcast, we sit down with John Singh - he is a serial entrepreneur and network marketing master. John has started and run over 20 different businesses in his career and has also thrived in the network marketing industry for 18 years. He hit the top rank in his first MLM in only 13 months at the age of 20, and he still holds the record for the youngest person to hit the top position in an international MLM company. He has mentored, coached, and trained over 250,000 associates in his network marketing career. John currently focuses his efforts on teaching The 5 Keys of Money Mastery - Make, Manage, Save, Protect, & Grow your money. Lastly, John excels at venture capital and real estate development, specifically in the Central American country of Belize. 

On this episode, we talk about the biggest reason why most people don't succeed in network marketing and how to overcome it, wealth education and how to create long-term generational wealth, and John gives us insight into The 5 Keys of Money Mastery.

On Episode #27 of the Profits Over Wages Podcast, we sit down with Ali Boone - Founder of Hipster Investments. Ali left her corporate job as an aeronautical engineer in 2011 to work full-time as a real estate investor. She managed to buy 5 properties in her first 18 months using only creative financing methods and has now facilitated over $18 million in real estate investment sales. Her main focus is turnkey rental properties, and she has also invested internationally in Nicaragua. Ali is completely location-independent and her primary specialty is teaching people how to start a business with lifestyle design. Ali has been featured in Fox Business and The Motley Fool, and has been on The Best Real Estate Investing Advice Ever podcast with Joe Fairless, The Turnkey Investing Podcast, The Greatest Investors Podcast, and Rental Income Podcast. She also runs a business consulting company and has written over 200 articles for the BiggerPockets blog.

On this episode we talk about the pros, the cons, and how to buy turn-key properties, business consulting and how to run your business remotely by hiring a team of virtual assistants..

On episode #26 of the Profits Over Wages Podcast we sat down with Miguel Paloma and Tony Arce - Founders of Red Ivy Studios, Red Ivy Social and devHour.tv™. Red Ivy Studios creates memorable brand stories, creative messages, and visually stimulating marketing campaigns for small businesses. They help clients optimize their marketing strategy in order to build brand loyalty, increase exposure, and drive sales. Whether the strategy calls for TV commercials, infomercials, corporate videos, marketing and promo videos, training films, live events or documentaries, Red Ivy's production studio features the latest cutting-edge high-definition digital cinema, photography, and audio recording. Red Ivy Social creates, plans, and executes experiential marketing events that deliver real results by shaping new perceptions and positioning clients where they want to be. They take audiences beyond digital reality into real experiences based on real relationships. devHour.tv™ is an exciting, new, online platform that pays homage to the Chicago's restaurant scene.  On this episode we talk about building a personal brand, telling your story and why it's important, how to make a human connection in today's multi-device world and Tony role plays with Matt to get him to share his story, what motivates him and why he does what he does.

On Episode #25 of the Profits Over Wages Podcast, we sit down with Andrew Holmes. Andrew is a real estate investor that has completed over 850 fix and flips and wholesale deals in the Chicagoland market. He also owns over 180 rental properties with a combined value of over $20 million. Andrew founded the Chicago REIA 3 years ago and has grown it to over 6,000 members and 12 locations making it the #1 REIA in the country. He also founded Chicago Cashflow & Chicago Flipping and has personally worked with and helped over 300 investors acquire rental portfolios surpassing over 2000 rentals combined. Lastly, Andrew has hosted his own radio show, Real Estate Live, on AM 560 The Answer for the last 6 years with a listener base of over 20,000. Andrew is a true entrepreneur at heart.  On this episode we talk about, the pros and cons of investing in single family vs multi-family rentals, why in real estate you must be paranoid in the short term but optimistic in the long term, and how Andrew has personally worked with over 300 investors in the Chicagoland market and helped them develop a portfolio of over 2,000 rentals.  If you are a current or aspiring real estate investor, this is a MUST listen. One of the top investors in country drops some serious knowledge

On Episode #24 of the Profits Over Wages Podcast, we sit down with Nick Libert Broker and Owner of Exit Strategy Realty. Nick opened Exit Strategy Realty in 2009 and grew it to the #1 office in the country in sales volume and units sold for 2017 out of more than 600 locations. It has also made Inc. Magazine's list of 5000 Fastest Growing Privately Held Companies year after year. Nick's two decades of industry experience has made him a sought-after sales coach, speaking in front of thousands of real estate agents & appearing on nearly every major TV network including multiple stints on HGTV staple House Hunters. Nick's personal real estate sales success lands him on the Chicago Association of Realtors Top Producer award list year after year, and for the past 6 years in a row, he has been named a Five Star Real Estate Agent by Chicago Agent Magazine. Nick started a 2nd company, Nick Libert Development, focused on revitalizing urban properties & beautifying neighborhoods. Based in part on these ventures, CS Magazine recently named him to their "Real Estate Visionaries" list for the 3rd year in a row. Nick also serves on the Illinois Realtors Board of Directors.  On this episode we talk about, goal setting and strategies on how to reach your goals, being a student of other successful people, and Nick talks about how he was able to take over Exit Realty during the dark days post market crash to the #1 Exit Realty office in the country.

On Episode #23 of the Profits Over Wages Podcast, we sit down with Michael Gunderson founder of The Gunderson Law Firm. Michael started the Gunderson Law Firm in 2006 and has years of experience with and proven in-depth knowledge of the real estate, bankruptcy, and personal injury laws of the State of Illinois. But his reason for founding The Gunderson Law Firm is not the law, it's the people whom he has been able to help with the law. As a second-generation attorney who grew up watching his father also use the law to help people through some of the most challenging times of their lives, Mike feels great empathy for his clients and works hard to provide them with the legal services they need and the dedicated representation they deserve in carrying out whatever legal issue he can take on for them. Away from the job Mike's empathy drives him in other ways, including support for animal rescue organizations, youth football teams, fund-raising and advocacy for disadvantaged children, and providing pro bono legal consulting to community groups and low income families. Mike is also a zealous Chicago Cubs fan, which most years also requires a certain amount of empathy.

On this episode, we talk about finding a mentor, adjusting to market conditions, things to be aware of when buying property, and Michael calling out Zillow for "white facing" Andre Dawson's baseball card on one of their commercials. Enjoy the show.

On Episode #22 of the Profits Over Wages Podcast, we sit down with Joseph Land - Joe's dream was to play professional baseball, and it came true when he was drafted by the Los Angeles Dodgers in 1968. However, a torn rotator cuff quickly ended that dream and forced Joe to dream up a new one. Joe then started The Joseph Land Group and over the next 25 years grew the company from a humble beginning into the 8th largest refrigerated transportation company in North America - with 23 offices, 1,500 trucks, over 2,000 employees, and $189 million in annual sales. Since selling the company in 1994, Joe became a founding partner in LS2C Logistics, Inc and also a managing partner of JL Capital Group - a company whose core investments include transportation, financial services, nutrition, energy technologies, real estate, and software technology among other businesses. Joe is also an avid nutrition and fitness buff and can still beat any 20-something in a push-up contest.

On this episode we talk about, taking a company from humble beginnings to $189 million in annual sales, building your own dream, mentoring, and what is stopping most people from reaching their full potential. 

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On Episode #21 of the Profits Over Wages Podcast, we sit down with Veronica Jacobo - She is an accomplished professional with over 15 years of banking and insurance experience and recently fulfilled her lifelong dream of opening her own insurance agency. As a local Farmers agency owner, she has access to highly reputable insurance companies and uses the strengths of each company's product and services in alignment with her client's specific needs. Veronica values the importance of establishing a sense of loyalty and trust, and it is important to her that her clients have a thorough understanding of how the products and coverage plans will work for them. On today's show, Veronica shares with us why you shouldn't look at insurance as just an expense or an afterthought, running a client first business, making the transition from employee to business owner, and the challenges when starting your own agency and how to overcome them.

On Episode #20 of the Profits Over Wages Podcast, we sit down with Lane Ethridge - He is the founder of Changing Lanes International. He has been a top producer at a real estate investment firm, facilitated hundreds of real estate transactions, and performed as a sales manager and Premier Coaching Leader. He has built numerous successful network marketing businesses operating in multiple countries, written and published four #1 bestselling books, and excels as a personal coach and mentor for his clients. Lane also is an avid cryptocurrency investor. He is President of Investor Relations for Treasure Valley Mining, has been an integral part in developing the Crypto Coin Profits course, consults with the creator of Ash Elements (ABT), and is soon to be published in Token Magazine. On this episode we talk about, how Lane transitioned from middle school math teacher to business owner and entrepreneur, how your vision should always remain the same, creating multiple streams of income and 3 ways to make money in crypto. Listen to it on iTunes, Google Play or Stitcher