Purpose-Driven Wealth

Previously labeled an unsexy investment, Mobile Homes and Self-storage facilities are now proving to be sexy. In this episode of Purpose-Driven Wealth, Mo Bina interviews Ryan Smith on how he combined Mobile Homes and Self-storage facilities to maximize fund performance. Ryan is a co-manager of multiple investment funds. He shares how the two assets complement to produce a stable investment. He also talks about business ventures, inflation, and more!

In this episode, Ryan talks about:

• From baseball to commercial real estate
• Ryan and the software he coded to analyze investments
• The four things he considered that led him to Mobile Homes and Self-storage facilities
• The yin yang relationship between Mobile Homes and Self-storage facilities
• Cap rate compression
• How inflation can be an advantage

About Ryan Smith:

Ryan Smith brings with him more than fifteen years of extensive business experience in market evaluation, property analysis, management systems, due diligence, finance, and more. Mr. Smith, and his affiliates, co-manage multiple investment funds, which specialize in investing in MHCs, and participate in the ownership and/or management of over 20,000 MHC lots.

Mr. Smith graduated from the University of Tampa with a Bachelor's of Science in Computer Science. An athlete, he was highly recruited for both baseball and basketball and was drafted as a senior in high school by the Baltimore Orioles, and again in college by the Anaheim Angels. Mr. Smith pursued his athletic talents by playing baseball throughout his college experience.

His foresight and ability to communicate the state of the marketplace has propelled him to be a featured commentator alongside the likes of Mayor Rudy Giuliani, General Colin Powell and other notable individuals. He is currently is on the board of Young Life College – UCF and is a member of the Advisory Board for the National Christian Foundation's Orlando chapter. Mr. Smith lives in Orlando with his wife and two children.

Follow RyanSmith on:

Website: https://elevationfund.com/ [email protected]

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

Instagram: https://www.instagram.com/highrisecapital/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:

https://www.high-risecapital.com/resources-index

Inflation is a significant economic problem right now anywhere around the globe. To learn ways to address this, tune in to this episode of Purpose-Driven Wealth with your host, Mo Bina, and guest Mathew Owens. As a former accountant and an experienced property manager, Mathew shares ways to protect your purchasing power through various forms of investments. He also talked about utilizing tax strategies to build long-term value from Real Estate.

Outline of the episode:

• Paradox of how losing everything was the best thing that happened to him
• Mathew on reducing tax liability
• Cost Segregation Studies
• Holding wealth long term vs. selling them
• Investment Strategies to utilize to hedge against loss of purchasing power
• Finding ways to decentralize and be more self-reliant
• and so much more!

About Mathew Owens:

Mathew Owens (Chief Executive Officer) earned his B.A. in economics with emphasis in accounting from University of California, Santa Barbara and has been a certified public accountant since 2002. Mathew bought, renovated and sold or held over 700 single family properties having 10+ years of experience in property management and 15+ years of experience in taxation, auditing and real estate. Mathew is currently buying 5+ single family rental properties per month, acquiring and operating value-add multifamily properties. He is a private lender with over $10M lent in multiple markets across the U.S. and has raised over $75 million in private investor capital. He currently owns over 130 units in Memphis, TN, Atlanta, GA, and St. Louis, MO.

Follow Mathew Owens on:

Website: https://www.ocgcapital.org/

http://ocgproperties.org/en/home-default/

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

Instagram: https://www.instagram.com/highrisecapital/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here:

https://www.high-risecapital.com/resources-index

In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Kim Daly discuss the path and formula she's created for those who want to get into franchising. There are many ways to franchising, and 'her way isn't the only way,' says Kim. But suppose you want to find your franchise through a proven method. In that case, Kim talks about how she works with her clients, finds her clients the right franchise, and why franchising made her never look back on her career in corporate.

In this episode, Kim talks about:

• How the franchising industry changed Kim Daly's life
• The similarity between W-2 and franchising
• Personal relationships are essential in franchising, too!
• The questions Kim asks her clients
• Franchising can get very niched
• and so much more!

About Kim Daly:

For the past 20 years, Kim Daly has been helping people realize their dreams of business ownership through franchising. While helping thousands of other people to live their dreams of business ownership, she has been living her own. Today, she is recognized as one of America's top franchise consultants. She is an international best-selling co-author of Franchising Freedom and the founder and host of KimDaly.tv.

Before becoming a franchise consultant, she was an entrepreneur and highly sought-after consultant in the health and fitness industry, working with brands such as Denise Austin, Dr.Denis Waitley, Gold's Gym, and eDiets.com. She is the creator of "The Daly Plan" – a millionaire mindset coaching program that enabled her to build the largest franchise consulting business in the history of franchise consulting in 2012. She aspires to be the most influential and motivational voice in the franchise industry. Kim is a mom of two teenage boys. She is passionate about fitness and nutrition. She loves to work out and ski, and she lives on the beach in southern New Hampshire.

Follow Kim Daly on:

Website: https://thedalycoach.com

www.kimdaly.tv

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

Instagram: https://www.instagram.com/highrisecapital/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index

In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Peter Linneman weigh everything about today's uncertain world economic market. During the early take-off of the real estate industry, Peter saw how things developed. With years of insight into the investing world, here, Peter answers whether or not the FED should raise interest rates, how Russia's war on Ukraine benefits the US, his perspective on today's inflation, and so much more.

In this episode, Peter talks about:

• How real estate was back then…
• Keeping a balanced view of the inflation
• Yes—the FED should raise interest rates
• Higher oil prices help the US
• Peter Linneman's opinion on crypto
• and so much more!

About Peter Linneman:

For nearly 45 years, Dr. Peter Linneman's unique blend of scholarly rigor and practical business insight has won him accolades from around the world, including PREA's prestigious Graaskamp Award for Real Estate Research, Wharton's Zell-Lurie Real Estate Center's Lifetime Achievement Award, Realty Stock Magazine's Special Achievement Award, being named "One of the 25 Most Influential People in Real Estate" by Realtor Magazine and inclusion in The New York Observer's "100 Most Powerful People in New York Real Estate".

After receiving both his Master's and Doctorate in Economics under the tutelage of Nobel Prize winners Milton Friedman, Gary Becker, George Stigler, Ted Schultz, and Jim Heckman, Peter had a distinguished academic career at both The University of Chicago and the Wharton School of Business at the University of Pennsylvania.

For 35 years, he was a leading member of Wharton's faculty, serving as the Albert Sussman Professor of Real Estate, Finance, and Public Policy as well as the Founding Chairman of the Real Estate Department and Director of the prestigious Zell-Lurie Real Estate Center. During this time, he was co-editor of The Wharton Real Estate Review.

He has published over 100 scholarly articles, eight editions of the acclaimed book Real Estate Finance and Investments: Risks and Opportunities, and the widely read Linneman Letter quarterly report. He is also the co-creator of the popular and highly regarded Real Estate Finance and Investment Certification course, REFAI.

Peter's long and ongoing business career is highlighted by his roles as Founding Principal of Linneman Associates, LLC, a leading real estate advisory firm, and its affiliates. For more than 40 years, he has advised leading corporations and served on over 20 public and private boards, including serving as Chairman of Rockefeller Center Properties, where he led the successful restructuring and sale of Rockefeller Center in the mid-1990s.

Although retired from Wharton's faculty, Dr. Linneman continues his commitment to education through his SAM Elimu educational charity for orphans and children of extreme poverty in rural Kenya. He has been married for nearly 50 years and remains an exercise enthusiast.

Follow Peter Linneman on:

Website: https://www.linnemanassociates.com/

Email: [email protected]

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

Instagram: https://www.instagram.com/highrisecapital/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index

In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Jodie Cook discuss why entrepreneurship needs to be taught early. After graduating college, all of Jodie's friends hustled to land their first job, but not Jodie. Jodie wanted a business. Here, Jodie explains the motivation behind her children's book about entrepreneurship, the five things successful entrepreneurs don't care about, and the number one quality to have in entrepreneurship.

In this episode, Jodie talks about:

• A social media marketer in 2011
• How are entrepreneurs any different from ordinary people?
• If you want to be a successful entrepreneur, ditch these…
• Role models have a significant impact on how we grow
• The simple ways parents can introduce their kids to entrepreneurship
• and so much more!

About Jodie Cook:

In 2011, Jodie started a digital agency that was acquired in 2021.

Alongside running a business, she writes books and articles about entrepreneurship and competes in powerlifting.

Jodie's books include Stop acting like you're going to live forever, Daily Me, and Instagram Rules. She also co-wrote How to raise entrepreneurial kids and the Clever Tykes storybooks.

Jodie feels lucky to be a regular contributor for Forbes on entrepreneurship, and whilst running her agency, she provides commentary to publications as a social media expert.

New book – Ten Year Career – is available to pre-order now with pre-order bonuses.

Follow Jodie Cook on:

Website: https://jodiecook.com Twitter: https://twitter.com/cookiewhirls

Clever Tykes and How To Raise Entrepreneurial Kids at:

https://clevertykes.com/book/

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

Instagram: https://www.instagram.com/highrisecapital/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index

In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Mindy Gayer talk about the fundamentals to help you better understand self-directed IRAs. A lot of people don't understand the different assets inside self-directed IRAs. Because of it, there are many misconceptions. Here, Mindy simplifies the key components that make up a self-directed IRA, the broad spectrum of assets you can invest in self-directed IRAs, what happens when the IRS audits prohibited transactions inside your IRA, and so much more.

In this episode, Mindy talks about:

• The key to having self-directed IRAs
• Mindy Gayer, "if you can imagine it, you can invest in it."
• An example of what the IRS calls a prohibited transaction
• What is a single-member LLC?
• The different ways you can fund your self-directed IRA
• and so much more!

About Mindy Gayer:

Mindy Gayer leads The Entrust Group out of the Nashville, Tennessee office, which serves the Southeast Region. She joins Entrust with over 11 years of sales and relationship management experience, seven years of banking experience, and five years of retirement industry administration experience.

Mindy started in the financial industry at a very early age, when she first began working at a banking institution in high school and continued throughout her college career. She holds a bachelor's degree in Business Management from Southern Illinois University in Carbondale, Illinois. She takes a lot of pride in her business and financial background.

The retirement industry has always been of interest to Mindy. She feels that it is very important to offer education to all individuals on their options for diversifying their retirement portfolios using alternative investments through a self-directed IRA.

Follow Mindy Gayer on:

Website: https://www.theentrustgroup.com/

LinkedIn: https://www.linkedin.com/in/mindy-gayer-8bb48b90/

Phone: 615-900-4015

Email: [email protected]

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index

In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Reed Goossens dive into the kind of journey it takes to move out of your W-2 and into real estate investing. For an engineer, career transitions can be all about risk assessment and analyzing the right actions to take. But for Reed, it also has to be about taking leaps of faith. Reed shares his experience with mentors, how he moved to America as an Australian real estate investor, his transition from the day job to investing, and the motivation behind his two books: Investing in the U.S. – The Ultimate Guide to U.S Real Estate and 10,000 Miles to The American Dream.

In this episode, Reed talks about:

• Reed, after reading 'Rich Dad Poor Dad'
• Why do you need like-minded people?
• How to pivot from your day job to real estate
• Fearing regret more than anything
• The motivation behind Reed's books on real estate investing
• and so much more!

About Reed Goossens:

Reed's background in civil/structural engineering has gone over 9 years of professional experience before taking the plunge full-time into real estate investing and development. In his former engineering life, one of his career highlights was being involved with the infrastructure development of the 2012 Summer Olympic Games in London. Reed has also worked all over the world as an engineer, including in Australia, NYC, Los Angeles, Fiji, and Europe.

He moved to the U.S. in 2012 for the love of two things: Firstly, his wife (at the time his G.F.), and secondly, the big apple, NYC! Within the first year of living in the US, Reed purchased his first duplex for $38,000. This experience taught him a lot about the benefits of investing for cash flow in the U.S. Barriers to entry are a lot lower compared to his homeland of Australia.

Since that time, Reed has started two multifamily syndication investing firms that have been involved in the acquisition of over $500 million worth of real estate to date. He has also launched the podcast Investing in the U.S., wherein he interviews the cream of the crop within the real estate industry to better educate other investors who want to break into the U.S. market and start investing in multifamily real estate today!

Follow Reed Goossens on:

Website: https://reedgoossens.com/

Email: [email protected]

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

YouTube: https://www.youtube.com/channel/UC5ISsEKBHlkX7lk9b68SKLA/featured

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index

In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Brian C. Adams talk about the inner workings of family offices. To give an analogy of how multi-family offices work, Brian illustrates the typical situation when two families work together to prepare a party. It's a unique setting and is very dynamic. Here, Brian, founder and president of Excelsior Capital, shares how he started investing in commercial real estate, his thoughts on alternative assets and crypto, and why you should work towards being an asset owner.

In this episode, Brian talks about:

• Who is Excelsior's client?
• Why everyone should get into cash-flowing assets
• People are getting more disillusioned with the stock market
• We're moving towards the digitalization of assets
• The misidentification of family offices
• and so much more!

About Brian C. Adams:

Brian C. Adams is the President and founder of Excelsior Capital, where he spearheads the investor relations and capital markets arms of the firm. He has 10 years of experience in real estate and private equity. Prior to forming Excelsior Capital, Brian co-founded Priam Properties (an institutional real estate private equity sponsor) in 2010 and provided leadership and direction for the firm in connection with capital markets, investment management, and investor relations.

He has served on the Board of Sirrom Partners, LP, a single-family office investing across private and public asset classes, since May of 2008. Since May of 2017, he has served on the Investment Committee for Solidus LP, an early-stage venture capital firm focused on investment opportunities in Healthcare and Technology.

From January 2016 to January 2018, Brian served as a member of the Board of Next Gen Advisory Faculty for the Institute of Private Investors / Campden, a program designed to support next-generation family members in preparing the following generation for the responsibility of being a steward of family wealth.

He has also served on the Advisory Committee for the Southeastern Family Office Forum since December of 2016. Brian is a former practicing attorney, earning his J.D. from Suffolk University and his B.A. from Wesleyan University with Honors.

Follow Brian C. Adams on:

Website: https://www.excelsiorgp.com/

LinkedIn: https://www.linkedin.com/in/brian-c-adams/

Twitter: @briancadams2

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index

In this episode of Purpose-Driven Wealth, your host, Mo Bina, and Matt Smock discuss what it takes for investors and developers to find success in master-planned communities. Zenith Development LLC is a boutique development company with nine employees, hundreds of contractors, and many more partnering bodies. Here, Matt explains why he considers real estate a local-focused industry, why they take so much interest in Utah, and their overall process and approach to developing master-planned communities.

In this episode, Matt talks about:

• In real estate, what works here may not work there
• Utah is like Los Angeles
• Why do some master-planned communities fail
• Matt on their process of development
• Investors must always hold transparency to a high degree
• and so much more!

About Matt Smock:

Mr. Smock is an experienced and successful fund manager, real estate developer, banker, and short-term lender, who has participated in the finance and development of over $2.0 billion in projects in the western US and Europe. Mr. Smock has worked for RBH-NCP, Zenith Swiss Partners, Nation West Capital, National City Bank, CFC, Franklin Bank, Mount Royal Partners, and National Bank of Canada.

Follow Matt Smock on:

Website: https://www.zenithpartners.org/

Email: [email protected]

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index

In this episode, Francis talks about opening the floor to a contrarian view of fossil fuels' role in the 21st century. On climate and energy policy, Francis explains why banning fossil fuels will eventually hit a wall. As the man behind the blog Manhattan Contrarian, Francis talks about the cause that puts together bodies like the Global Warming Policy Foundation and American Friends, and why wind turbines and solar panels are insufficient energy sources.

In this episode, Francis talks about:

• The Global Warming Policy Foundation
• Why wind and solar energy will never be enough
• Our issue on global warming can disproportionately affect people on the lower end of the socio-economic scale
• Green energy is yet to discuss air travel
• What investing in Environmental Social Governance (ESG) focuses on
• and so much more!

About Francis Menton:

Francis J. Menton retired as a partner of the law firm Willkie Farr & Gallagher LLP in New York. Mr. Menton specialized in complex and technical-commercial litigation, principally contract and securities claims.

Mr. Menton is the author of "New Opportunities for Defendants in Securities Class Actions," Engage (Fall 2007), "Can You Protect Yourself Against Identity Theft?" New York Law Journal (April 29, 2002), and "Top Ten Federal Government Efforts to Suppress Free Speech," Federalist Society Free Speech and Election Law News (Summer 2000, 1999, 1998). He also authored "Evaluating Claims Under The Securities Litigation Reform Act of 1995," New York Law Journal (January 6, 1996).

Follow Francis Menton on:

Website: https://www.manhattancontrarian.com/

Connect with Mo Bina on:

Website: https://www.high-risecapital.com/

Medium: https://mobina.medium.com/

For more information on passive investing in commercial real estate, please check out our free eBook — More Doors, More Profits — by clicking here: https://www.high-risecapital.com/resources-index