Welcome back to the Passive Wealth Strategies show. Today we meet our guest Melissa Johnson

 

Melissa Johnson has been flipping houses in San Antonio, TX since 2003, growing and expanding the business into a thriving real estate investment operation. With close to a thousand real estate transactions under her belt, she has also built a portfolio of rental properties and real estate notes while raising five children.  She provides coaching, support, and education for other high level real estate investors nationwide. She enjoys giving back to the REI community by hosting the E3 Podcast for Women and the MORE (Moms of Real Estate) podcast, as well as running the San Antonio InvestHer meetup group.  As an active member of the Forbes Council on Real Estate and NAWBO (National Association of Women Business Owners), she is dedicated to the success and empowerment of women in business.

[00:01 - 03:47] Opening Segment

Melissa gives an introduction about herself

Melissa shares her real estate journey and exploring all its aspects

 

[03:48 - 11:27] From Education to Taking Action

How to Move from Action to Implementation

What’s the Bigger Picture? 

Being intentional and efficient

Flipping Houses can be a Passive Investment, Too! 

 

[11:28 - 21:40] Flipping to Financial Freedom

Notes versus Rentals

How to Make Flipping Houses Passive Income Generating

Investing during the Pandemic

Melissa talks about how she dealt with her REI in the pandemic 

 

[21:41 - 32:21] Closing Segment

Quick break for our sponsors

What is the best investment you've ever made other than your education?

My team

Melissa’s worst investment

A property against her criteria

What is the most important lesson that you've learned in business and investing?

“Don’t be complacent.”

“You need to know why you’re doing something.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“It’s good to educate yourself and everything, but there comes that time where you have to flip that switch and actually take some action.” - Melissa Johnson

“There are a lot of options with doing that that make it really easy and create that true passive income for you. ” - Melissa Johnson

“You have to have reserves.” - Melissa Johnson

“Investments aren’t always money, right?” - Melissa Johnson

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Connect with Melissa through LinkedIn

Check out her podcasts: E3 Podcast for Women and MORE

Visit her website https://www.themelissajohnson.com/ 

 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Vanessa Peters, MD.

 

Vanessa Peters, MD, is the founder of VMD Investing and has been investing in real estate for 12 years in single family homes, commercial retail,  apartment communities, short-term rentals, self-storage, land entitlements and manufactured home parks. She has invested in over 2500 units across 15 properties and 4 funds.  She is the author of The Busy Professional's Guide to Passive Real Estate Investing - A physician's path to building wealth, creating financial freedom & leaving a legacy.  Her passion is to help busy professionals build wealth through passive, income-producing real estate that provides attractive returns and a proven roadmap to financial freedom. 

 

[00:01 - 11:50] Opening Segment

Vanessa Peters, MD gives an introduction about herself

Vanessa shares about herself and her real estate journey 

Investing in something new

 

[11:51 - 18:53] Land Entitlement Funds

How to Avoid Ground-Up Development 

Building on Unbuildable Land

Another Arm for Rent

Vanessa talks about land entitlement funds

 

[18:54 - 23:49] Setting FIRE

How to Build Connections for Success

“It’s not a male/female thing.”

The Busy Professional's Guide to Passive Real Estate Investing

 

[23:50 - 30:22] Closing Segment

Quick break for our sponsors

Vanessa talks about short term rentals from being a mom-and-pop investor

Investing for family

Connect with my guest. See the links below.

 

Resources Mentioned:

The Busy Professional's Guide to Passive Real Estate Investing

 

Tweetable Quotes:

“The interesting thing about this fund is that while it is an equity fund from the perspective of the investor, it’s actually a debt instrument.” - Vanessa Peters, MD

“‘Oh! I’m making so much money!’ But you know it’s just a lesson and making sure you know what you’re doing.  And when you’re treating it as a business, you’ll probably do extremely well.” - Vanessa Peters, MD

“The motivation is not just to make money. It’s because I want to give back to my folks.” - Vanessa Peters, MD

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Connect with Vanessa through [email protected], Facebook, and LinkedIn

Visit her website https://www.vmdinvesting.com/about 

 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Shawn McEnteer

 

Shawn McEnteer is a Licensed Realtor at eXp Realty.  He is an active real estate agent and multifamily investor in North Jersey.  He has a unique expertise in real estate, construction and house hacking, an adventure he, his wife, and his four young children are passionate about.  Shawn has excessive knowledge in the family construction business and years of investing in real estate.  He has gained top notch property analysis which he shared with his clients.

[00:01 - 05:05] Opening Segment

 

Shawn gives an introduction about himselfA husband, father, realtor, and investor

Shawn discusses house hacking and how he began!

 

[05:06 - 12:43] The Fastest Way to Get into Multifamily - House Hacking!

 

More than Your Regular Fix and Flip

Shawn shares the process of his first house hack

This or That: Revamping with Laws and Codes 

 

[12:44 - 25:50] House Hacking Tips and Tricks

 

How to Live Next to Your Tenants

Gaining Access to Cash and Capital

How to Get Luxury Tenants

 

[25:51 - 31:51] Closing Segment

 

Quick break for our sponsors

What is the best investment you've ever made other than your education?Deal number one

Shawn’s worst investmentSingle family home

What is the most important lesson that you've learned in business and investing?Commitment and consistency

Connect with my guest. See the links below.

 

Tweetable Quotes:

“It’s all about knowledge and who you know at the end of the day and keeping relationships.” - Shawn McEnteer

“We can leverage the children in many ways, I guess.” - Shawn McEnteer

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Connect with Shawn through [email protected], Facebook, Instagram, and Bigger Pockets

 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Charlie Stevenson 

 

Charlie Stevenson is an experienced entrepreneur, leader, and the Founder of Akras Capital. Before Akras, he founded and operated three businesses in the travel and marketing industries in the United States and Europe. With deep experience working with startup and growth ventures as both a founder and consultant, he is able to recognize and support promising businesses and provide them with the strategies, tools and support needed to ensure success.  At Akras, Charlie focuses on investor relations, branding initiatives and strategy.  He is also an accomplished world traveler, having visited over 55 countries for work and adventure. 

[00:01 - 07:49] Opening Segment

 

Charlie gives an introduction about himself

Travelling around the world, building his career

 

[07:50 - 11:09] A Budding Real Estate Career

 

Charlie shares his early real estate experiences

Fix and Flip Victorian Home

Seller Financing Moment!

 

[11:10 - 23:30] Escaping the Rat Race to Travel the World

 

Be Intentional

Know Your Market 

Know What Works For You

How Comfortable REI Can Get with Markets

Charlie references GoBundance

 

[23:30 - 31:14] Closing Segment

Quick break for our sponsors

What is the best investment you've ever made other than your education?Small five-unit multifamily in Sultan, Washington

Charlie’s worst investmentA 401(k) plan without anything to learn 

What is the most important lesson that you've learned in business and investing?Having an abundant mindset.

Connect with my guest. See the links below.

 

Resources Mentioned:

GoBundance

 

Tweetable Quotes:

“Hardency strengthens you -- [it] makes you want to open yourself to other opportunities.” - Charlie Stevenson

“An abundant mindset with a ‘yes’ kind of perspective can really move you a long way in business and investment.” - Charlie Stevenson

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Connect with Charlie through [email protected], Facebook, Twitter, and Linkedin.

Visit his website: https://www.akrascapital.com/ 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Chris Seveney as he shares about his interesting note investing career.

 

Chris Seveney leads Seveney Mortgage Note Investments and is the host of Good Deeds Note Investing podcast. Since entering the real estate business, he has strived to be an industry leader with whom his partners and colleagues can put their trust and faith in. He has been the leader of multiple teams that have won numerous industry awards in excellence and innovation. Chris is a real estate professional of over 20 years and has developed over $750M in real estate and is known for honesty, integrity, professionalism, passion, and tenacity in all his dealings.  As the son of a life-long educator, Chris now shares his knowledge of first position performing and non-performing notes to his peers. Chris has an intimate understanding of this niche industry from his continued effort for self-improvement.  Chris has been able to build his Note Investing portfolio to over 250+ deals valued at over $12M.

[00:01 - 05:46] Opening Segment

 

Chris gives an introduction about himself

Getting into real estate and finding a niche

Chris talks about note investing

 

[05:47 - 12:46] Becoming FI by Becoming the Bank

 

The Most Important Key to Success

Learning by Doing Business

Networking and Servicers

Chris shares the steps and processes of his investing journey

 

[12:47 - 25:00] Note Investing and Funding

 

How to Go From Individual to Fund

Trouble in Funding Early

Chris tells an Ohio property horror story

 

[25:01 - 31:17] Closing Segment

 

Quick break for our sponsors

What is the best investment you've ever made other than your education?

The systems he use

Chris’ worst investment

Investing in one-off start ups

What is the most important lesson that you've learned in business and investing?

“Your word is everything.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“Network is a key component of this business. ” - Chris Seveney

“... It does take time, effort, and consistency.” - Chris Seveney 

“The last thing you want to do is to start funding early.” - Chris Seveney

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Connect with Chris through [email protected], Twitter, and Linkedin.

Check out his podcast: Good Deeds Note Investing

Visit his website: https://7einvestments.com/ 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Caleb Guilliams as he delves into the best strategies for building your wealth.

 

After taking over the entire investment department of a bank by the age of 19, Caleb saw firsthand how 98% of Americans were financially failing despite "professional" financial advising.  After 3 years of traveling the country being mentored by the most successful financial minds, Caleb discovered a better way to build wealth.  Leaving his prestigious position at the bank, Caleb founded the company BetterWealth, authored the best-selling book "The AND Asset", hosts the Better Wealth Podcast, and speaks to thousands around the world. One of the youngest leaders in the industry, Caleb is quickly becoming The New Face of Finance."

[00:01 - 09:50] Opening Segment

 

Caleb gives an introduction about himselfWealth in the Face of the Youth

Caleb talks about his vision, mission, and infinite banking

 

[09:51 - 13:49] Wants, Needs, and Importance

 

Helping People in What They Want 

Knowing What’s Important

Rate of Return, Return of Result

 

[13:50 - 24:07] How to Build Better Wealth

 

“What about travel?”

Caleb talks about syndications

Cash Flow Ratio Model

The Life Cycle of Money

Caleb references his book 

Caleb shares how he looks at his clients

Return of Time

 

[24:08 - 30:43] Closing Segment

 

Quick break for our sponsors

What is the best investment you've ever made other than your education?People and systems

Caleb’s worst investmentAnytime he was greedy

What is the most important lesson that you've learned in business and investing?“Stay true to yourself and don’t forget the reason why you started.”

Connect with my guest. See the links below.

 

Resources Mentioned:

The AND Asset

 

Tweetable Quotes:

“I could care less about the money I was making, I very much cared about learning.” - Caleb Guilliams

“If real estate syndication is set up properly, it’s probably one of the best things you can do.” - Caleb Guilliams

“I would not be willing to trade places with the richest man in the world.  Why?  Because of time.” - Caleb Guilliams

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Connect with Caleb through [email protected], Facebook, Instagram, and Linkedin.

Visit his website: https://www.betterwealth.com/, Youtube, and Better Wealth with Caleb Guilliams.

 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Derek Peterson as he talks about adapting to the changes in real estate marketing and the world.

 

As the founder of Adapt You & Adapt Media Agency, Derek is committed to helping people & businesses do one thing - CHANGE.  Derek’s journey as an entrepreneur began with the neighborhood phone directory & cold calling 120+ homes to pitch his lawn care services, with equipment he didn’t yet own!  After graduating with a degree in Marketing, Derek headed into “big corporate”.  Quickly moving up the ranks with companies such as ADP, Covidien & Allergan, he amassed key learnings, though he felt his ability to influence necessary change was caged. So he made a career & life-altering decision to go out on his own.  He ADAPTed.

 

[00:01 - 05:42] Opening Segment

 

Derek gives an introduction about himselfDerek shares a brief backstory

Starting real estate marketing

 

[05:43 - 12:24] The Next Frontier in Real Estate Digital Marketing

 

Derek talks about the advancements in syndication digital marketing

Go across digital marketing spaces 

Trust: A Guide to Passive Income

Why your website is your landing page

Consistent Branding and How to Keep your Prospective Clients

 

[12:25 - 25:24]  Social Media Behavior

 

Derek talks about impactful social media posts

You can destroy a brand overnight

How to Manage Your Social Feed

How to Strike a Balance: Demonstrating vs. Excessive Flashing

 

[25:25 - 35:19] Closing Segment

 

Quick break for our sponsors

What is the best investment you've ever made other than your education?Making a decision to take medical device sales company

Derek’s worst investmentAn investment with a medical device sales colleague

What is the most important lesson that you've learned in business and investing?“Continue education and realize, know, that I know nothing. ”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“You have to be consistent, continuous, and timely. ” - Derek Peterson

“When you put yourself out on social media… We need to start to be cautious, thoughtful, and mindful of what we’re putting out there.” - Derek Peterson

“You need to grow your value, really the only way to grow your value is to grow your knowledge. ” - Derek Peterson

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Connect with Derek through [email protected] and Linkedin.

Visit his website:  www.adaptmediaagency.com or Instagram 

 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Neil Wahlgren as he talks about sale leaseback and industrial real estate investing. 

 

Neil Wahlgren brings nearly two decades of leadership in operations and capital markets. Prior to MAG Capital Partners, Neil led a Bay Area real estate investment firm, raising capital for over $200M in projects.  He also piloted the C-130 in both the Air Force and Navy, logging over 2500 flight hours with combat tours to both Iraq and Afghanistan and concluding his military career as a Lieutenant Commander. Neil resides in San Francisco and enjoys flying & sailing. He holds a BS from the Air Force Academy, an MBA from Texas A&M and an MS from Troy University. With core values of integrity, punctuality, and attention to detail, he specializes in securitized commercial real estate investments with credit tenants through industrial sale leaseback acquisitions.

 

[00:01 - 07:49] Opening Segment

 

Neil gives an introduction about himself

Neil shares how he was a pilot turned real estate investor 

Beginning MAG Capital Partners

 

[07:50 - 13:22] Commercial Real Estate Sale-Leaseback Investing

 

Neil goes into detail on investing in single-tenant sale-leaseback

Why you should invest in single-tenant sale-leaseback

Putting debt on a property vs. selling a property 

Neil shares scenarios on sale-leaseback investing

 

[13:23 - 24:07] Unexpected Expenses and Tenants

 

Cash Flows, Net Lease, and Unexpected Expenses

Absolute Triple Net Lease

Neil talks about difficult tenants

Sale-Leaseback Investing Risks

Sub-Investment Grade

Making long term tenants

Industrial results to landslide depreciation

 

[25:09 - 33:16] Closing Segment

 

Quick break for our sponsors

What is the best investment you've ever made other than your education?

A deal they raised capital for 

Neil’s worst investment

Leasing a car

What is the most important lesson that you've learned in business and investing?

“When problems show up, have the maturity and foresight to look at the situation.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“The easy segway into passive commercial is into multifamily. ”  - Neil Wahlgren

“Taking your time on important decisions can result in a much more thought out and really responsible solution to a problem that will serve you long term.” - Neil Wahlgren

 

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Connect with Neil through [email protected], Linkedin, and Instagram.

Visit his website:  https://magcp.com/home/ or via LinkedIn 

 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guest Eng Taing as he gives a new perspective on taxes. 

 

Eng Taing is the CEO & Founder of Touzi Capital and is an experienced real estate investor with $150M assets under management.  Eng is an economist by training, from the Wharton School of Business.  He also has experience leading data science and analytics at Apple, Capital One and AT&T. He's the classic immigrant story, born in a refugee camp in Thailand escaping the Khmer Rouge and finding success in data & math in America. Eng focuses on high cash flow investments and providing passive income to investors by acquiring and optimizing multifamily, senior living facilities, & bitcoin mining operations. 

 

[00:01 - 08:09] Opening Segment

 

Eng gives an introduction about himselfEng shares his life background

How Eng started in real estate investing and Touzi Capital

 

[08:10 - 22:01] How to Invest and Increase Tax Advantages

 

Passive Income and Tax Advantages

Eng talks about taxes, tax laws and tax codes

Why depreciation is a tax deferral strategy

Dealing with the Opportunity Zones

Eng shares how he faces tax liabilities

If it’s not selling, lose it

 

[22:02 - 28:57] Closing Segment

 

Quick break for our sponsors

What is the best investment you've ever made other than your education?Rehabbed and refinanced triplex in Los Angeles

Eng’s worst investmentFifth apartment building due to bad tenants

What is the most important lesson that you've learned in business and investing?“Partnerships are fundamentally the most critical part of doing any business.”

Connect with my guest. See the links below.

 

Tweetable Quotes:

“I can talk about all the tax strategies and at the end of the day, it should first be a good investment.  Just because it is an opportunity zone, it doesn’t mean I’m just going to do it.” - Eng Taing

“One thing I love about real estate is that you control the time.” - Eng Taing

“That tiny bit of financial freedom makes you bolder; gives you a more abundant mindset.”  - Eng Taing

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Connect with Eng through [email protected], Linkedin, Instagram, Facebook, and TikTok

Visit his website:  www.touzicapital.com 

 

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Welcome back to the Passive Wealth Strategies show. Today we meet our guests Joey Mure and Russ Morgan to talk about escaping the main street and the road to financial freedom.

 

Wealth Without Wall Street’s Founder and Partner, Russ Morgan, is known as “The Idea Guy.” Russ began his professional career as an investment advisor in 2004 after graduating from Auburn University — a slight foray from 10-year-old Russ’ dream of becoming a professional baseball pitcher. After obtaining his CFP in 2008, Russ started IBC the following year, and eventually went on to found Wealth Without Wall Street in 2015. Russ’ creativity, fresh ideas, and knack for problem-solving are indispensable assets to his role at Wealth Without Wall Street. Russ hopes to be remembered as an innovator who loved to teach others, and he has a goal to one day serve in the mission field. 

 

Joey Mure, Founder and Partner at Wealth Without Wall Street, brings impact, integrity, and generosity to the company every day. He hopes to be remembered as a lover of Jesus, devoted husband, and faithful father. Despite dreaming, around age 10, of becoming an orthopedic surgeon, Joey was in the mortgage business for 11 years before moving to finance.  Joey’s strengths in building relationships, asking great questions, and influencing and empowering people with the Wealth Without Wall Street message make him invaluable to the company’s mission. He is relational, impactful, and a true leader.

 

[00:01 - 09:14] Opening Segment

 

Joey and Russ gives an introduction about themselves

An overview of Wealth Without Wall Street

Joey and Russ share why they shifted to real estate investing

 

[09:15 - 22:59] Building Wealth without Wall Street

 

The Three-Step Process to Financial Freedom

Russ and Joey talk about the road to financial freedom

Gaining clarity and vision

Getting control financially

Paying Off Debt Like a Boss

Picking a course of action

 

[23:00 - 31:39] The Financial Easy Button

 

Why people want the financial easy button

Joey and Russ’ magic words and 401(k)

He who has the goals makes the rules

Start living today

[31:40 - 45:22] Closing Segment

 

Quick break for our sponsors

What is the best investment you've ever made other than your education?

Joey: Starting a business

Russ: 401 Lakehouse

Joey’s and Russ’ worst investment

Joey: Small Business

Russ: Cattle

What is the most important lesson that you've learned in business and investing?

Russ: “Knowing yourself is critical.”

Joey: “Get someone to help us get clarity.”

Connect with my guests. See the links below.

 

Resources Mentioned

The Backwards Brain Bicycle

SmarterEveryday

 

Tweetable Quotes:

“Opportunities find cash.  When you focus on what you want, then that cash starts to find a home.” - Russ Morgan

“You have to have something that anchors you, that drives you whenever things get difficult.” - Joey Mure

“It’s important for us to inspect what we expect from those investments.” - Joey Mure

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Connect with Joey through LinkedIn 

Connect with Russ through LinkedIn

Visit their websites:  https://www.wealthwithoutwallstreet.com/, https://app.wealthwithoutwallstreet.com/, or Facebook

 

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