Ever wondered how the pandemic-induced shift toward remote work could unlock new opportunities in real estate? 

 

In this episode, Taylor welcomes Nathan Bauer and Ryan Warnken, two successful real estate entrepreneurs who have created a unique short-term rental business called TALA. They discuss the post-COVID trend of people working from home and how their business model capitalizes on that. They explain why they chose specific cities to target, what the screening process for members looks like, and how their lease agreement was designed to avoid squatting. They also discuss how they maintain quality control for their properties and keep members engaged. 

 

Join us to learn more about this unique business and how Nathan and Ryan are making it successful!

 

[00:01 - 06:14] Opening Segment

Nathan Bauer and Ryan Warnken's backgrounds in real estate and entrepreneurship

TALA is a unique short to medium-term rental business that keeps landlords and tenants happy and generates cash flows for investors

 

[06:15 - 11:47] Exploring City Selection and Property Features for Elevated Home Office Experiences

Digital Nomads are changing the face of real estate by working remotely due to Covid

The majority of tech companies are allowing employees to work from home

The screening process includes pay stubs, bank statements, background checks, and fitting in with the community

Members submit an itinerary for the entire year of where they want to be per month

 

[11:48 - 22:54] Creating an Exclusive Living Experience: Scaling a Flexible and Structured Program for Year-Long Leases

Offering a program where people submit their itinerary and live throughout that for the full year

Membership agreement revokes squatting rights in agreement

Having conversations with property owners to get them from the Airbnb arbitrage model into a membership model

 

[22:55 - 28:12] Closing Segment

Best investment: marketing yourself with someone who has skill and buying a house in LA 

Worst investment: an influencer activation that didn't work out

The most important lesson learned: relationships with business partners

Quotes:

 

"We're trying to create an experience where it's kind of lovely throughout the entire apartment, and you feel like you're just in an elevated experience, and you feel like you're at home at the same time."

 

"We're not shooting for thousands of members in year three. We're trying to keep it intimate. We want people to yearn to be in this club."

Connect with Nathan and Ryan!

Website: www.TravelandLiveAnywhere.com 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Transform your mindset and unlock the doors to financial freedom in today's episode with Steven Pesavento! Steven shares his journey from a high-earning management consultant to achieving financial independence. Uncover the rules of living with the investor mindset, learn how to shift from scarcity to abundance, and discover how investing in yourself can be the most rewarding decision ever. He also discusses changing from a blue-collar scarcity mindset to a business mindset, where money is seen as an abundant resource that can be exchanged for value. By understanding what you want and making smart economic calculations with trust in yourself, you can take control of your finances and achieve financial freedom. 

 

This episode offers valuable insights for anyone looking to unlock potential and live a fulfilled life.

 

[00:01 - 06:23] Opening Segment

Introducing Steven to the show

Steven shares his mindset shifts and how he achieved big things in real estate

He built a business focused on personal growth and helping others achieve their goals

Steven runs The Investor Mindset Show to teach people about money and investing

 

[06:24 - 11:31] Investing in Yourself and the Investor Mindset

Investor mindset comes down to understanding the purpose behind earning money and investing it into assets that pay you

Designing your life with intention and getting clear on what you want and why you want it

Having a challenging childhood is a gift

 

[11:32 - 20:08] Unlocking Doors with Money

Money is just a tool that can be used to unlock doors and help improve health

When you go to work, the business pays you for the value they receive from your work

Time is the most valuable resource, as it cannot be replaced once gone

 

[20:09 - 25:13] Get Clear on What You Want

You should repurchase your time by investing in assets that set you up to live free of anything you want to do

Naming your number is getting clear on how much money you need to earn to live the life you want

 

[25:14 - 31:08] Closing Segment

The best investment: getting started with anything

The worst investment: a 7,000-square-foot house that took a year and a half to sell

The most important lesson: getting clear on what you want and the outcome you are going after

Quotes:

 

"We all learn to have the beliefs we have based on our life experiences." - Steven Pesavento

 

"Time is the most valuable resource that I have. I'm happy to invest it into things and people and businesses that are going to allow me to make a bigger impact on the world because I don't know how much time I have left." - Steven Pesavento

 

"The whole point of naming your number is that most people don't want to put a number on that. They don't want to acknowledge that they are putting a number on the cost or value of the quality of time they spend with their family." - Steven Pesavento

Connect with Steven!

Podcast: The Investor Mindset Podcast

Website: www.InvestorMindset.com 

Instagram: https://www.instagram.com/steven.pesavento/ 

LinkedIn: https://www.linkedin.com/in/stevenpesavento/ 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Ever wondered how to leverage technology for real estate investing, navigate the diverse landscape of deals, and secure financing to kickstart your journey? 

 

Jump into this episode as Drew shares his thoughts on the impact of technology on real estate investing and how it is changing how deals are done. He touches on the importance of understanding the different types of deals, such as multifamily, single-family, and commercial investments. He also talks about how to finance deals through traditional lenders and private money options. Finally, Drew provides advice on how to get started in real estate investing and some key tips for success. 

 

Tune in to hear Drew Breneman's story and gain valuable insight into real estate investing!

 

[00:01 - 08:45] Opening Segment

Drew Breneman is a successful real estate investor who started with his first deals while he was in college

Drew began selling items online when he was a teenager and saved all the money from doing it

He read books about investing, such as Rich Dad, Poor Dad, and Think and Grow Rich, as a 16-year-old

He invested in stocks, mutual funds, and options before getting into real estate

 

[08:46 - 15:30] How Drew Scaled Up His Portfolio with Just $2M in Deals

Drew started investing in real estate in 2005 while in college

Focused on making sure the property was cashflow positive

Sold the first deal for $270,000 after one year

Bought the second property using money from refinancing both loans on the first property

Specialized in multifamily properties in Sunbelt cities (Phoenix, Dallas, Austin)

 

[15:31 - 23:54] The Power of Long-Term Investing and Different Types of Education

Raising rents will increase the value of property

Sold first property for a profit, sold third for $780,000

Bought fourth property for $670,000 and sold it for $1,000,022 in 2017

Education in real estate: formal (degree), semi-formal (working for someone else), and informal (own deals)

College is about transitioning from being a kid to an adult

 

[23:55 - 28:52] Closing Segment

The best investment: a real estate deal that multiplies the money invested by four

The worst investment: trading stocks and options in high school

The most important lesson learned: the importance of having the right mindset

Quotes:

 

"Cash Flow positive. That was my number one thing; we're really making sure I had the rents estimated right and the expenses." - Drew Breneman

 

"In terms of education, nothing beats doing your deals. You obviously pay attention when you're an employee, but that's not your money. You're not signing on the loan, and you learn a lot more when you're making a decision." - Drew Breneman

Connect with Drew!

Podcast: Breneman Blueprint

Website: www.Breneman.com 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

AI tools are getting more and more popular these days. With its current capabilities, what is its true role in the business space?

 

Tune into this episode with Nelson Lynn, an expert in quantitative finance and machine learning. He discusses how machine learning is being applied to the real estate sector, from using data to build algorithms that can predict behaviors to leveraging transformers for more accurate predictions. Nelson shares his experiences in real estate investing and the importance of doing your research. He also talks about his best and worst investments, emphasizing the need for long-term horizons. 

 

Learn more about how AI and machine learning models revolutionize the real estate industry, and get advice on making smarter investments!

 

[00:01 - 08:11] Opening Segment

Introducing Nelson to the show

He runs a real estate fund and consults data science and machine learning for commercial real estate hedge funds

Machine learning can be applied in the real estate space and extrapolated into other industries

 

[08:12 - 15:54] Balancing Data with Human Experience in Real Estate

Machine learning is becoming more popular as computing gets cheaper and more data is available

Companies like Brookfield use data to reverse engineer algorithms to predict future problem sets on properties, not in the original data set

Quantitative finance looks at numbers, and big companies have a lot of data to sift through

Intuition should still be used over what the algorithm tells us

 

[15:55 - 24:31] Optimizing Rental Rates with Chat GPT and Transformers

Professionally managed companies can optimize rent more than mom-and-pop landlords

Large language models like Chat GPT are better at pattern recognition and understanding context

These models can help analyze what the value of a building should be or how much rent can be charged

These will not entirely replace people, but they may hire fewer people or scale up due to faster and more accurate results

 

[24:32 - 29:17] Closing Segment

Best investment: Nelson's first property,

worst investment: buying FOMO into crypto

The most important lesson learned: do your research and go against the crowd

Quotes:

 

"The purpose of machine learning is not to replace humans; it's to make them do things faster." - Nelson Lin

 

"The only way to build large machine learning models is to need a lot of data. And so it's just like a handful of large firms who have access that are willing to share it." - Nelson Lin

Connect with Nelson!

Website: www.subtlerealestate.com 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Real Estate Investors tend to seek 3 different types of freedom/independence, even if they don't quite realize it yet! Today we go through the 3 types freedom, strengths and weaknesses of different real estate strategies for specific types of freedom, and more.

For you it may all be about Financial Freedom. But maybe you want more! Don't forget that Location Freedom and Time Freedom may be important to you. 

Upcoming webinar registration: www.passivewealthstrategy.com/webinar

Investing with Taylor: www.investwithtaylor.com

Whatever industry you're in, you will always be dealing with money in one way or another.

In this episode, we look at Seth Bradley's inspiring journey from becoming a successful, prominent law attorney to a financially independent real estate investor. We explore his transition process, discuss the mindset shift necessary for him to become an entrepreneur, and gain valuable insights into the basics of investing in real estate. We also hear about the best and worst investments Seth has ever made and get advice on how to succeed in real estate investing. 

 

This episode is perfect for those considering leaving their job to pursue a career in real estate or for those wanting to learn more about the potential benefits of making the switch. Join us as we talk to Seth about his experience and gain valuable insight into what it takes to become a successful investor!

 

[00:01 - 06:41] Opening Segment

Seth shares his background and career

Seth realized that trading time for money was not enough, and then started investing in real estate

Invested in single-family properties, fix and flips, wholesales, etc

How Seth got fired on New Year's Eve due to lack of time

 

[06:42 - 11:55] From Big Law Firm to Real Estate Investor

Going into active real estate investing

Partnered with sponsors to do legal work and capital raising

Seth was always a risk-taker, so a mindset shift wasn't too difficult

Seth's most significant Aha moment was realizing the traditional path of making a partner wasn't for him

 

[11:56 - 20:30] Navigating the Complexities of Real Estate Syndications

Seth talks about the golden handcuffs of making more money, spending more money, buying a bigger house, etc.

People in their sixties could retire, but they get addicted to the job, and it becomes part of their identity

Adding value to teams with specialization in securities law by taking a business perspective as well as a legal perspective

The operating Agreement is the controlling document and should be read carefully

 

[20:31 - 24:05] Investing in Real Estate: Things to Consider Before Taking the Plunge

Know the voting rights, fees, distributions, and liquidity provisions before investing in a real estate syndication

Understand if you have enough money, time, and interest to be an active investor or passively invest in real estate.

 

[24:06 - 28:33] Closing Segment

Best investment: 120-unit apartment building with 2.2x return in 11 months

Worst investment: $25,000 invested in a restaurant with a complete loss

The most important lesson learned: Don't invest in something you don't know anything about

Quotes:

 

"Whatever you're doing, whether you're a doctor or a lawyer, or a teacher or a coal miner, you're still trading time for money." - Seth Bradley

 

"You need to ask yourself how much money you have. If you have money to invest and are highly paid w2, you can take active income and turn it into passive income. That's probably your best bet, and it doesn't take as much work." - Seth Bradley

Connect with Seth Bradley!

Website: www.SethPaulBradley.com 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

In this episode, we explore how Mark Hentemann, a Family Guy writer and producer, became an accidental landlord and a successful real estate investor. Hear how Mark went from meeting Mike Henry and Seth MacFarland to scaling up his portfolio with partners and evangelizing real estate. Mark shares his best investment in real estate and his worst investment, offering listeners valuable lessons about navigating the market during tricky times, leveraging tax advantages when selling a duplex, and finding the right people to work with. 

 

Tune in now for an inspiring story of success!

 

[00:01 - 09:32] Opening Segment

Mark Hentemann is a real estate investor, writer, and producer on Family Guy

He has been investing in multifamily since 1999 and built a portfolio of 19 multifamily apartment complexes in LA, Austin, and Denver

He started his career as a greeting card writer at American Greetings

He was then offered a job writing for The Late Show with David Letterman

After a year, his agent suggested he move to LA for more opportunities

 

[09:33 - 17:00] From Script Payments to Real Estate Investing

Mark met Seth McFarland and pitched a show that Fox bought

Bought a duplex with script payments and rented it out to Mike Henry

Duplex increased in value from $360,500 to $1.27 million in five years

Realized the potential of real estate investing and decided to scale up investments

 

[17:01 - 23:57] Leveraging Tax Advantages and Building a Real Estate Team

Mark became an evangelist to friends and writer colleagues, encouraging them to invest in real estate

Targeted LA, Austin, and Denver as markets for investments

Built a team of partners and investors with complementary skills

Striking a balance between real estate, show business, and family

 

[23:58 - 34:57] Closing Segment

Best investment: real estate 

worst investment: a startup company

The most important lesson learned: be a good partner

Quotes:

 

"Try to add value to other people. It'll make your experience more enjoyable, you'll make good connections, and you'll succeed." - Mark Hentemann

 

"That's the beauty of real estate. It hides the money you're making in a lot of ways." - Mark Hentemann

Connect with Mark!

Website: www.QuantumCapitalINC.com 

Email: [email protected] 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Eudania Burrell is here to share her inspirational story of how she got into real estate investing at the beginning of the Covid pandemic after personal tragedy struck. Join in as she discusses her experience in real estate, focusing on micro-flipping and wholesaling, targeting off-market properties, and creating win-win scenarios for everyone involved in a deal. 

 

Whether you are a seasoned investor or just starting, this episode will provide valuable insights!

 

[00:01 - 06:33] Opening Segment

Eudania is a real estate investor and wholesaler who got her start in real estate at the beginning of the Covid Pandemic

She decided to take her real estate investing business seriously and invest in the industry, taking action and putting one foot in front of the other

This led her to get her first deal in just a few months and scale her real estate wholesaling business and passive wealth engine

 

[06:14 - 12:56] How Dana Used Handwritten Postcards and Connected Investors to Succeed in Real Estate Investing

Eudania used creative methods to save money

She gained traction within 2-3 months of sending out postcards

Using the Connected Investors platform to find off-market properties

 

[12:57 - 12:24] Growing a Family Business Through Real Estate Investing

The importance of keeping the business in the family and growing it together

Price isn't the only factor when dealing with sellers

Invest money with reputable investors doing fixes and flips

Avoid analysis paralysis by not chasing every shiny object

 

[22:25 - 26:00] Closing Segment

Best investment: getting Connected Investors and investing in people

Worst investment: following other people's advice

The most important lesson learned: value everything that you learn and the relationships you get to build along the way

Quotes:

 

"Do not listen to what everybody else is telling you to do. Follow your internal compass." - Eudania Burrell

 

"I think so often, we have this belief that we have to have everything perfect down pat, that it all has to come naturally instead of allowing yourself to fail forward." - Eudania Burrell

 

"Know your worth. Value everything that you learn and value the relationships you get to build along the way." - Eudania Burrell

Connect with Eudania!

Facebook: https://www.facebook.com/eudania.burrell 

Website: www.RenewMeProperties.com 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Alexandra Nolan is a successful entrepreneur and business owner who has started and sold several businesses, helping her escape her corporate career. 

 

In this episode, Alexandra shares her story of transitioning from corporate America to becoming a full-time successful entrepreneur. She discusses the key lessons she learned along the way, the skills needed to start and own a business successfully, and how to make intelligent decisions to grow it. Alexandra also highlights some of the mistakes she made and takeaways for real estate investors that can be applied to their businesses. 

 

Please tune in to find out how Alexandra successfully exited her business and the strategies she used!

 

[00:01 - 07:16] Opening Segment

Alexandra's background and career

Alexandra shares how she started her own business and opened up a cosmetic boutique/women's clothing store

Her business was not well established when she made the jump, but she took a risk and made intelligent decisions which allowed her to grow it into multiple locations and sell it seven years later

 

[07:17 - 15:04] Location is Everything: Achieving a Successful Exit Through Profit Cost Process

Location is vital for success in business, especially when there is a lot of competition

Profit Cost Process is an unconventional strategy that involves pricing for the expertise and setting aside a bonus to invest in oneself

Allocating funds between buckets should be done by pricing slightly higher services and products

 

[15:05 - 23:50] Taking Risks and Building Confidence

Alexandra shares how taking risks is a key factor in her success

Balance what you are passionate about with what makes money

Do research on competition, sales, and data for your new business

 

[23:51 - 28:53] Closing Segment

Best investment: Investing in yourself and your future 

Worst investment: $20,000 investment in a company to do website design and SEO

The most important lesson learned: Not all growth is good growth

Quotes:

 

"I'm going to be successful and grow quickly. I need to choose a location where the competition is minimal." - Alexandra Nolan

 

"With work-life balance, you are burning the candle at both ends, and you're not getting that little extra." - Alexandra Nolan

 

"Before you throw a large investment into a bucket, do your research and see if it's something that you can figure out yourself." - Alexandra Nolan

Connect with Alexandra!

Instagram: https://www.instagram.com/alexandra.nicole/ 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.

Take your communication skills to the next level in today's episode with Brenden Kumarasamy! Brenden discusses the importance of communication and presentation skills and how to break through limiting beliefs to communicate effectively. He dives into practical steps individuals can take to improve their communication skills, such as thinking quickly, investing time in random word exercises and question drills, and using storytelling when presenting. 

 

Tune in for tips and tricks on becoming a better communicator, learning how to stand out from your competition, and getting motivated by hearing real-life success stories!

 

[00:02 - 07:48] Opening Segment

Brenden Kumarasamy Saami shares actionable knowledge of communication skillsLimiting beliefs around communication can be tackled by building this

Three most accessible balls to juggle for rapid communication mastery: eye contact, body language, facial expression

 

[07:49 - 13:48] How to Become an Exceptional Communicator

The random word exercise helps us think on our feet and make sense of anything

The goal of the exercise is to do it a hundred times and not worry about doing it well

Stories are more memorable than facts or numbers, so start with the lesson first

The key lesson is that anyone can become an exceptional communicator

 

[13:49 - 24:55] Unlocking the Keys to Success with Communication 

The three main pillars of differentiation: simplicity, practicality, and generosity

Focus on the outcome rather than fear

Send video messages to people who invest in properties or people in life

The most important thing is not how good the video is but that most people don't send even one video message a year

The best question asked: What do I do if I'm already exceptional?

Worst question asked: What book should I read on communication?

 

[24:56 - 30:15] Closing Segment

Best investment made: Refinancing mom's mortgage at a 2% interest rate

Worst investment made: Spending time sending 50,000 cold emails to university professors

The most important lesson learned: Stick to your zone of excellence

Quotes:

 

"Human beings remember stories a lot more than facts or numbers. And the way we do this is by realizing storytelling. You should always start with the lesson first." - Brenden Kumarasamy

 

"The philosophy's information should be free, and implementation should be the fee. Just give everything away for free." - Brenden Kumarasamy

 

"If you communicate 20% better than your competition, you will stand out hundred percent of the time." - Brenden Kumarasamy

Connect with Brenden!

YouTube: https://www.youtube.com/@MasterTalks 

Website: www.RockStarCommunicator.com 

Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/

 

Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.

 

Join our Passive Investor Club to access passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.