Real Estate Runway

Host Chad Sutton joins Kim Wendland, Co-Founder of Quattro Capital and Director of Asset Management, to explain the impact of Covid-19, the Fed's response, and how it can be beneficial for investors looking to buy property. They discuss why occupancy is down in some areas while rent growth has slowed. They also share tips on how to approach investing in real estate during this time, including getting sponsorships, monitoring the rent-to-income ratio, and setting sails correctly to reach goals.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 07:50] Exploring the Impact of Economic Long Covid with Kim Wendland

• Dr. Peter Linman's analogy of "economic long covid" to explain the current economy

• The complexity of the economy and how different sectors have been affected by the pandemic

• Volatility of change as we get back to economic normal is one of the most difficult things to handle in business

[07:50 - 16:05] Fed's Rear View Mirror Shows Result of Attempt to Slow Economy

• Banks are having difficulty providing loans due to Fed's two levers: interest rates and money supply

• Fed is trying to slow down the economy, but according to Kim, they are well-intentioned people

• Rear view mirror is starting to show the result of their campaign

• Economists believe we're past peak inflation

[16:06 - 24:17] Real Estate Remains a Top Investment Despite Fluctuating Interest Rates and Inflationary Times

• Real estate is a good investment in times of fluctuating interest rates, inflation, and recession

• Rents are rising due to high inflation and wages, and real estate values are appreciating

• There is not a national real estate market; individual markets have their own supply and demand dynamics

[24:18 - 32:04] A Look at Occupancy, Prices, and Rent Growth

• Houston and Huntsville, Alabama, have a lot of demand but not enough housing

• National numbers are still way below what is needed to catch up with population growth

• Transaction volume is down due to capital on the sidelines

• Rent growth has slowed. The rent income ratio needs to be monitored

• Expensive cities like San Francisco and New York City have rent challenges

[32:05 - 35:04] Tips on Real Estate Investing

• Real estate is local, and comparing different markets makes no sense

• Current stress in a portfolio has nothing to do with real estate fundamentals

• Jim Rowen quote: "It's not the blowing of the wind but the setting of the sail that determines our direction in life"

• Now is a great time to invest in real estate due to better pricing on acquisitions

Quotes:

"If you have courage in capital when others don't, you're gonna make a buck." - Chad Sutton

Connect with Kim through LinkedIn, Facebook, or visit https://www.thequattroway.com/kim-wendland

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Nectar CTA:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Join host Chad Sutton as he speaks with Curtis Mayon. Curtis May is the creator and owner of Practical Wealth Advisors (PWA) and host of The Practical Wealth Show Podcast. The primary focus of his financial planning firm is to help individuals and families become financially free by following the principles of wealth creation that have endured for centuries around the world.

This episode covers the five principles of accumulating security, wealth, and growing that wealth: saving 15-20% of one's gross income, maximum protection through insurance, full replacement of assets at death, liquidity by having 6-12 months' worth of income in cash, and velocity which is looking for cash-flowing assets rather than chasing capital gains. Through this discussion, listeners will learn about the different schools of thought when it comes to financial advice and investment strategies, such as accumulation theory and the velocity method. Curtis will also provide key takeaways such as becoming an active passive investor by creating a wealth capture account and paying yourself first from your source of earned income.

Tune into this episode to gain insight into principles based planning and learn how to generate higher returns for your real estate investments!

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 07:06] Maximize Wealth and Amplify Life with Principles-Based Planning

• Chad Sutton is joined by Curtis Mayon of Practical Wealth Solutions to discuss alternative business and investment strategies

• The goal of principles based planning is to teach people principles that help them become and remain financially free

• Financial freedom is the ability to have passive income greater than expenses

[07:07 - 13:55] 5 Principles to Accumulate Security and Wealth

• Save 15-20% of your gross income

• Maximum protection: insurance, asset protection, life insurance, disability insurance

• Full replacement of assets at death

• Liquidity: 6 to 12 months of your income in cash equivalent

• Velocity of money: emphasis on cash flow and becoming financially free

[13:55 - 20:57] Invest in Knowing

• Dan Sullivan's book "A Self-Managing Company" focuses on doubling income and time off

• Quatro talks about the five freedoms: financial, time, geographical, relationship, and purpose

• Accumulation theory is typical financial advice, but velocity method is safer

• Three rules of investing: invest in what you know, invest in knowing or invest in good partners/operators

[20:57 - 27:38] Pay Yourself First

• Invest in what you can influence the outcome of or have good operators to control who you give money to

• Don't chase returns; instead, get a check back every month as your risk goes down

• Build foundations such as insurance, liability protection, savings, and liquidity

• Start with getting your house right by looking at your insurance situation, initial savings, and liquidity

• Create a wealth capture account and save 15% of gross income

• Pay yourself first and live on the 80%; 20% is for an emergency fund

[27:38 - 34:26] Savings, Good Operators and Alternative Investments

• Savings should be intentional and automatic

• Get your savings right, get insured from loss, and collateralize

• Create excess liquidity to create velocity

• Curtis' superpower is simplifying complex information

• Biggest failure was not knowing due diligence for alternative investments

[34:26 - 37:22] 5 Principles of Wealth

• The two most important words in investing are "due diligence"

• Risk tolerance should be zero when investing

• Five principles of wealth include getting your house on four solid pillars and velocity

Quotes:

"All successful people operate with principles." - Curtis May

"You have to literally pay yourself first. Put yourself at the head of the line." - Curtis May

Connect with Curtis through LinkedIn, Facebook,

or visit https://www.podpage.com/the-practical-wealth-show/ or https://curtmay.clickfunnels.com/presell-page22061466

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper CTA: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

John Bowens from Equity Trust Company, one of the nation's largest providers of self-directed IRAs and solo 401ks, joins Chad on the Real Estate Runway Podcast to discuss how to get started investing in alternative assets through a self-directed IRA. John Bowens is one of the most sought-after and respected educators in the self-directed IRA industry. As Director, Head of Education, and Investor Success at Equity Trust Company, John draws from his 20 years in the real estate industry and his experience as an active real estate investor. Learn about the process for investing in self-directed IRAs, the tax implications you need to be aware of, and how to transfer money into an Equity Trust IRA without incurring any taxes or penalties.

This episode provides essential information for anyone looking to make use of self-directed IRAs in their investment portfolio. Tune in now for all the details!

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok:@realestaterunwaypodcast

[00:00 - 07:16] Introducing John Bowens of Equity Trust Company

• Equity Trust Company is one of the largest providers of self-directed IRAs and solo 401ks

• John Bowens has been in the real estate industry for 20 years and has trained over 60,000 investors

• Self-directed IRAs allow individuals to invest in real estate, gold, private equity, hedge funds, cryptocurrency, and more

• Individuals can move their existing retirement accounts from prior employers or qualified plans into self-directed IRAs to gain control over their money

[07:16 - 14:03] Taking Control of Your Financial Future with a Self-Directed IRA or Solo 401K

• Rolling over or transferring money from one financial institution to another does not create any taxes or penalties

• Self-directed IRA is the first step of the three-step process to invest in private market investments

• No taxes or penalties when investing in a private asset, such as buying a property with IRA money

• Rental income and expenses are paid with IRA funds; no tax reporting is necessary when selling the property

• Most financial institutions do not allow alternative investments in IRAs

• Some financial advisors may discourage investing in alternative assets

[14:04 - 21:16] Rules, Disqualified Persons, and Prohibited Transactions Explanation

• Equity Trust is just another member of your financial team, a tool in your toolbox

• The Internal Revenue Code 4975 tells us what we can't invest in with our IRA, not what we can invest in

• Disqualified persons include yourself, your spouse, any businesses you own and operate, and your children and grandchildren.

• Transactions include buying, selling, leasing, or exchanging any property.

[21:16 - 28:36] Prohibited Transactions: What You Need to Know About Investing With Disqualified Persons

• It is not possible to move a property or interest in an LLC into an IRA

• Taking money from an IRA and loaning it to oneself, spouse, or children is prohibited

• Investors can take IRA money and buy a new property, rent it out, and have cash flow coming back in

• Investors can take their IRA money and loan it to a real estate flipper as long as they are not a disqualified person

• Transactions with disqualified persons must be done proportionally

[28:36 - 36:25] Understanding Unrelated Business Income Tax (UBI or UDFI) for Real Estate Investments

• Equity Trust Company custodian FBO is in for the benefit of the client's name or account number IRA is the titling that will be seen on public records

• Unrelated Business Income Tax (UBI) applies to tax exempt entities, including IRAs and other tax exempt entities

• UBI occurs when an IRA is investing in an ongoing trader business or borrowing money to acquire real estate

• UBI can be as high as 37% for income over 13,400 in 2023.

[36:25 - 45:56] Unlocking the Power of Self-Directed IRAs

• Self-directed IRA investments can provide tax shelter and the potential for higher returns.

• Equity Trust does not give tax, legal or financial advice but prepares 990Ts to take advantage of carry forward losses.

• John's superpower is adult education and financial education.

• His biggest mistake is falling victim to analysis paralysis and missing out on good opportunities.

• Equity Trust provides white glove service, educational content, webinars, reports and guides.

Quotes:

"And so you have to Learn more about that. You have to do your own due diligence and make a decision on where and how you wanna invest and what percentage of your retirement portfolio you wanna allocate to these private market investments like real estate partnerships or other types of alternative investments." - John Bowens

"Sometimes it's okay to pay a little bit of a price today so that we can pay any price in the future because going forward, maybe you find that you can get involved in other real estate investments or other opportunities that don't require debt leverage." - John Bowens

Connect with John through LinkedIn, or visit Equity Trust

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

In today's episode of the Real Estate Runway Podcast, Chad Sutton interviews Erin Hudson the Co-Founder of Quattro Capital. Erin’s mental and physical health has always been a priority, leading her to obtain her doctorate in chiropractic care. She has an extensive successful entrepreneurial track record consisting of owning and selling Hudson Wellness Centers in CA, where she served as director of 30+ team members. In this episode, she shares tips on how to stay at peak performance levels and discusses the importance of maintaining a morning success routine, nourishing your body with good quality food, getting into a positive mindset, and working out consistently. The discussion further covers financial literacy and entrepreneurship for children, goal setting and affirmations, understanding the difference between healthy and unhealthy choices when it comes to nutrition, balancing between healthy eating habits and being fanatic about it, as well as the importance of self-love.

Tune in now to hear how to achieve peak performance levels with Erin's tips!

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 
• TikTok: @realestaterunwaypodcast 

[00:00 - 07:07] Get Into a Peak State

• Chad Sutton, host of the show, talks about how to stay in peak energy state

• Dr. Erin Hudson shares her morning routine for increased energy

• Routine includes drinking water, taking deep breaths, and putting on workout clothes

• Intentionality is key to creating an energy routine

[07:07 - 13:58] How to Start Your Day with Intention

• Start your day with a routine to get your energy up

• Instill important values in your children while they are impressionable

• Talk openly about finances and earning power with your kids

• Have a nighttime success routine and an early morning success routine

• Start the day by making your bed and progressively tackle challenges

[13:58 - 20:53] Nourish Your Body with Peak Nourishment for Optimal Performance

• Be responsible for your own actions and love yourself

• Teach kids about balance and healthier choices

• Nourish your body with balanced, healthy food

• Don't be a fanatic, just make good choices

[20:53 - 27:53] Advices on Healthy Eating and Fitness Routines

• Dr. Mark Hyman is a great source for healthy cooking

• Using natural food can be very beneficial

• Indulging in sweets is okay, but do it in moderation

• Weighing yourself everyday can help you keep track of your progress

• Fitness routines should include high intensity training and muscle confusion

• Multitasking can be used to get two things done at once

• Excuses are well planned lies, so prioritize what you value most

[27:53 - 31:19] Get Ready to Feel Good and Unlock Your Peak Performance

• Exercise releases hormones that make you feel happy

• Nourishing your body properly and working it can help you reach peak performance

• Being in a peak energy state will help you attract people

Quotes:

"Excuses are well planned lies." - Erin Hudson

"It doesn't matter what you do, just apply what works best for you, and make sure that it makes you stretch a little bit and gets you out of your comfort zone." - Erin Hudson

Connect with Erin through LinkedIn, Facebook, or visit thequattroway.com.

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Jana Truman is the Managing Director and Investment Advisor with SVN, Accel Commercial Real Estate. Jana began commercial real estate appraising in 2011, appraising all types of commercial real estate across all classes in the state of Tennessee. Through the Accel Group of businesses, Jana partners with investors, business owners, and entrepreneurs to grow their personal and professional wealth through advice on acquisition, disposition, and long-term strategies of commercial real estate and businesses.

Brian Truman joined Accel Group in 2016, specializing in multi-family, retail, and business brokerage sales. He understands the mindset of business and building owners. His previous national sales experience and his obsession with service have increased the team’s overall deal size and reach. He has negotiated both in the public and private sectors, with experience in selling to C-level decision makers and business owners doing deals in the hundreds of millions.

Jana and Brian also own a business brokerage called Accel Exit Advisors and are getting ready to start a property management division for SVN.

Don’t miss this conversation packed full of advice from two experienced real estate agents! 

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 

[00:00 - 07:43] Introducing Brian and Jana Truman: From Community Activism to Business Brokerage and Real Estate Investing

• Brian and Jana Truman are part of the SVN team, owning the Excel Group in Nashville.

• They have a background in community activism, zoning and codes, commercial art, and business brokerage.

• They discuss what is happening in the real estate market and if there will be a recession or correction of values.

[07:43 - 15:57] The Story of Jana and Brian Truman's Successful Journey

• Started focusing on multi-family in 2016

• Got a call from an unknown number with an LA area code to find 3 properties

• Found the properties, and the caller was good friends with Grant Cardone

• Was invited to a national conference and got mobbed by people asking questions

• Now have a full service brokerage with specialists in all segments of real estate

[15:57 - 23:47] Banks Pulling Back on Lending

• The market is seeing banks pull back on their lending, regardless of segment.

• Local lenders are only interested in investors who will occupy the building.

[23:47 - 39:38] Banks Tighten Lending Requirements as Cash Investors Take Advantage of Opportunities in Commercial Real Estate

• Cash investors are taking advantage of the current market and finding opportunities.

• Loan assumptions are being used to take advantage of lower interest rates.

• Vacancy rates for retail and industrial are low, with rents still climbing.

• Banks are scrutinizing portfolio management and increasing debt service coverage ratio.

• Banks are open for lending but with higher LTV requirements.

• Banks are not keen on having assets or balance sheets full of failed loans.

• Credit unions and local banks have more money to lend out than before.

[39:38 - 42:21] Closing Segment

• Their website is accelcre.com

• Contact Jana at [email protected] and Brian at [email protected]

• They provide free education twice a month on their website

Quotes: 

"I knew I wanted to create wealth, but I knew that I would not do that working in a dollar per hour job." - Jana Truman

"We don't list properties we sell them. It's a big difference between those two." - Brian Truman

Connect with Jana through:

LinkedIn, Facebook or visit: https://accelcre.com

Connect with Brian through:

LinkedIn or visit: https://accelcre.com

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

The Real Estate Runway podcast is all about helping people to amplify life and maximize wealth through alternative business and investment strategies. In this episode, host Chad Sutton and his mother Tammy Sutton, one of the managing partners at Quattro Capital, discuss the marketing needs of a business. They share tips on how to target an audience, create content that will help drive growth and emphasize the need for a strategic marketing plan with yearly goals and a comprehensive roadmap. This conversation also discusses the importance of having a CRM and marketing platform in place to properly analyze customer data, build trust, route traffic and ensure leads make it through the funnel.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 

[00:00 - 06:12] Maximize Your Business Growth with Strategic Marketing Plans

• Quattro Roundtable edition featuring Tammy Sutton discussing the marketing needs of a business.

• Marketing needs include targeting an audience, creating content, building a strategic plan with yearly goals, and driving growth.

• Social media has become the biggest magazine

[06:12 - 12:06] Integrating CRM and Marketing Platforms for Maximum Lead Generation Efficiency

• Discussing marketing funnel from top to bottom

• Creating a one-stop shop with CRM, social media management, brand equity, and content

• Integrating C R M into the website for chatbots and automated processes

• Analyzing data to identify strengths and weaknesses

• Using AI for content creation

• Building trust with customers through human connection

• Measuring leads to improve performance

[12:06 - 18:52] Unlock Your Brand Equity and Drive Faster Returns

• Most people's marketing systems are not fully optimized, leading to massive leaks of qualified leads.

• Automation is important but the end goal should be client relations and brand identity.

• It is essential to have a brand identity that people can trust.

• Storytelling is an effective way to present content and build trust in a brand.

[18:52 - 25:39] Brand Equity and Identity to Stand Out in a Crowded Market

• Brand assets and equity are important for building a successful marketing funnel.

• Brand identity is essential to look professional and trustable

• Brand assets are important to project the company's message and voice

• Standard operating procedures for brand assets must be in place

[25:40 - 35:21] Building Relationships with Intentional Marketing Strategies to Improve ROI

• Strategic plan to funnel people in the right direction with leveled up technology

• Negating the 'shotgun blast' effect of unqualified leads

• Intentional approach to reach out to potential clients through social media, emails etc.

• Building a personal relationship with each client through automated and engaged ways

• Being where customers are and knowing how to communicate with them

• Having correct systems and processes in place to improve return on marketing investment

Quotes: 

"The number one reason people don't buy is they have an unanswered question." - Tammy Sutton

"Marketing is everything in a business. Absolutely." - Tammy Sutton

Connect with Tammy through:

LinkedIn, Facebook, Instagram

or visit https://www.thequattroway.com/tammy-sutton

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

This episode of the Real Estate Runway Podcast features Dustin Serviss, a Canadian Wealth Manager. Dustin has been providing insurance, investment, succession planning, and business advisory services for more than 15 years. Using a 'Dashboard Process', Dustin is able to assess a client’s financial needs, provide actionable recommendations and measure their progress. When not helping lawyers with their insurance and investment needs, Dustin spends time enjoying the bucket list item he’s already achieved being a dad. He dives into his unique perspective on real estate investment strategies, lifestyle design, and how to achieve life goals financially. This episode emphasizes the importance of having clarity on your goals and adjusting your spending habits in order to achieve those goals. It suggests that assets like single family homes or stock portfolios can be a great way to start building financial freedom.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 

[00:00 - 05:44] Maximize Wealth and Amplify Life

• Dustin Serviss is a special guest on the show, discussing his unique perspective on how close to living out your dreams really are and how to numerically get there using something he calls the spending accelerator

• He has 18-19 years of experience managing wealth for high net worth families in Canada

[05:45 - 11:28] Unpacking the Theory Behind Financial Freedom

• It takes looking at risk and being okay with the outcome if it doesn't work out

• Financial freedom does not mean being the wealthiest or richest person in the room

• Realizing your dream may not require achieving the world

• Figure out what your bear ass minimum expenses are to exist

• Print 3 months of visa statements and bank statements to get an understanding of where money is going

[11:29 - 17:00] Building Financial Freedom from the Ground Up

• Buffer budget is key to starting building backward and building assets.

• It is relative to the expectation of what one needs.

• Having clarity on goals is important to adjust spending.

• Foundation is key to building momentum and replicating success.

[17:00 - 22:34] Invest in Your Skills and Knowledge

• Investing in skills is a better investment than buying a duplex

• The 'Spending Accelerator' is a framework for managing money

• Automating the process helps to ensure that all responsible buckets are checked off

• Reducing expenses can help free up money for other things

[22:35 - 29:36] Dustin Shares His Philanthropic Heart

• Dustin's superpower is his ability to not get distracted by noise and remains focused

• Dustin's podcast, The Picture of Wealth, interviews successful people who live life a bit differently

• Dustin has a philanthropic heart and is involved in the Top 20 Under 40 and Top 20 Over 40 programs in British Columbia

• These programs help promote success in smaller communities that don't have the same platforms as larger cities

Quotes:

"If you want to be successful in life, you gotta work hard. I didn't know how hard, so I just worked really effing hard and just went for it." - Dustin Serviss

"Once someone has a foundation, it's a lot easier to build and replicate and duplicate and build up from a base. It's quite hard to mobilize and get the momentum if you're all trying to do something bigger than you should be, and it seems daunting." - Dustin Serviss

Connect with Chris through LinkedIn, Facebook, visit http://servisswealth.com,

or visit https://podcasts.apple.com/ca/podcast/the-picture-of-wealth/id1556305294

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how Team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life and maximize wealth! Click here to find out more about the host, Chad Sutton.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper CTA: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

This episode of the Real Estate Runway Podcast features Kim Wendland, a partner and managing partner of Quattro Capital’s asset management division. Join us as we delve into the world of real estate investments and dive deep into the topics of inflation, monetary policy, cash flow, and more. We'll share the importance of focusing on income, expenses, and performance of assets overvaluations in this period of hyper-velocity change. Furthermore, we will examine how macroeconomic factors such as rent to income ratio, population growth, and income growth can help you make wise investments. Additionally, you'll learn about the banking system and lending system at play during times of crisis. And finally, you'll get advice on how to optimize cash flow for faster returns through automation. So tune in for an engaging conversation with Kim Winland to gain valuable insights when it comes to investing in commercial real estate!

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 

[00:00 - 06:21] How Lever Movements Impact Your Assets

• Cash is king right now, not just in buying things but in operating.

• We are in a long covid cycle, and inflation has ramped up quickly.

• Fed has two levers to control the economy: interest rates and money supply.

• Repercussions of lever movements from 2020.

[06:21 - 13:47] Maximizing Assets, Valuations, and Rent Income Ratios

• Focus on income, expenses, and performance of the asset instead of valuations.

• The economy is changing every quarter, so it is a time of hypervelocity change.

• Maximize liquidity and revenue stream of residents to keep assets flourishing.

• Real estate is still a great investment due to the supply and demand imbalance.

[13:48 - 20:56] How to Manage Real Estate Performance in a Recession

• Class B and A assets are good for buy and hold investments

• Know the strength and weaknesses of the market with supply and demand

• Rent to income ratio should not be more than 33% of someone's income

• Real estate market is hyperlocal; macroeconomic factors will behave locally

[20:57 - 30:47] The Key to Staying Liquid and Avoiding Cash Flow Problems

• Stay on top of liquidity of the project and operators

• Be responsive to draw requests

• Plan and prepare draw requests as though you're trying to get a new loan

• Provide certainty, confidence, and keep relation positive with lenders

• Be nice to lenders

• Draw early, often, and in small amounts

• Manage balance sheet and cash flow statement closely

• Understand the difference between Profit & Loss Statement and Cash Flow Statement

Quotes:

"We're living history, and we are experiencing things today that people in this industry for 30, 40, 50 years haven't experienced. The economy is literally changing every quarter."

"These times of crisis are when you learn how the banking system works and how the lending system works."

Connect with Kim through LinkedIn, Facebook, or visit https://www.thequattroway.com/kim-wendland

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Nectar:

https://app.usenectar.com/quattro-capital

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

Welcome to the Real Estate Runway Podcast. In this episode, we joined Russ Morgan, founder of Wealth Without Wall Street, a community dedicated to helping individuals create passive income through various investment strategies. Russ began his professional career as an investment advisor in 2004, started IBC in 2009, and eventually went on to found Wealth Without Wall Street in 2015. Russ shares his community's mission and how they encourage members to find deals that align with their unique investor DNA. He emphasizes the importance of surrounding oneself with like-minded individuals in order to shift mindset and behavior toward financial freedom. The conversation highlights a community of individuals from different backgrounds with the same goal of achieving passive income. The group has a system for turning active income into passive income, which they call their "passive income operating system." Join us as we dive deep into the world of passive income with Russ Morgan and learn how you can achieve financial freedom through real estate investing.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 

[00:00 - 06:50] Alternative Business and Investment Strategies with Wealth Without Wall Street

• Introducing Russ Morgan, founder of Wealth Without Wall Street.

• Wealth Without Wall Street helps people create passive income from various opportunities such as real estate, small businesses, franchises, etc.

• The company offers a community where like-minded individuals can share ideas and information on building passive income

• The community is focused specifically on building passive income and is agnostic to the type of investment

• Wealth Without Wall Street helps people understand their investor DNA and find deals that can create passive income.

[06:50 - 13:35] How this community is achieving 200% passive income and sharing their journey with others

• Community consists of people with the same goal of achieving passive income

• There have two groups: one aiming for 100% and another for 200% of passive income over monthly expenses

• How operating system helps turn active income into passive income

• Personal passive income statements shared monthly for accountability and to lead by example

• Accountability is important in investing

[13:35 - 20:49] Financial Advice is Garbage

• Financial advice is subjective and may not apply to everyone

• Fear and uncertainty exist in the current investing landscape

• Lack of access to cash is a major obstacle to financial freedom

• Passive investing requires active research and understanding of deals

[20:49 - 28:45] Russ Morgan shares his superpower and biggest failure in business

• Russ discusses his "superpower" of innovating over existing ideas

• The importance of being an innovator and executor rather than just a creator

• Russ shares his biggest failure and the lesson he learned from it

• Wealth Without Wall Street's community and resources are recommended for those interested in passive income

Quotes:

1. "We help people who wanna become financially free faster. We show them how to become better investors that's them understanding who they are as an investor. We help 'em build personal cash flow system." - Russ Morgan

2. "What you track and report on grows exponentially." - Russ Morgan

Connect with Russ through LinkedIn, Facebook, or visit http://www.wealthwithoutwallstreet.com

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!

Entity Keeper: 

Join the EntityKeeper community today to simplify the way you manage your entities and org charts while reducing manual errors. Easily organize corporate data, visualize ownership structures, store unlimited documents, and manage important filing dates with one secure solution. Click here to start simplifying your entity management with EntityKeeper now!

In this episode, host Chad Sutton sits down with Timothy Lyons from Cityside Capital to discuss his journey from being a firefighter and ER nurse to becoming a successful real estate investor. Tim shares his practical approach and experience with retail equity and institutional equity, offering valuable insights into the current real estate market. He emphasizes the importance of having clarity, confidence, and certainty in an investment, especially during times of uncertainty like the current economic climate. Join us for an engaging conversation on real estate investments, raising capital, and making a difference in our communities.

Learn more about ALTERNATIVE BUSINESS and INVESTMENT STRATEGIES through QUATTRO CAPITAL!

• LinkedIn: /TeamQuattroCapital
• Instagram: @TeamQuattroCapital
• Facebook: @TeamQuattroCapital
• Website: www.TheQuattroWay.com 

[00:00 - 06:29] Timothy Lyons of Cityside Capital Shares His Journey from Firefighter to Real Estate Investor

• Lyons shares his background as a firefighter and ER nurse before getting into real estate investing

• Lyons works with both retail equity and institutional equity

[06:30 - 13:21] How Tim Retired Early and Raised Nearly 2 Billion in Acquisitions

• Real estate and owning businesses became a solution to balance work and family life.

• How he started with a three-family property but ended up realizing that being a landlord was not his thing.

• How he founds a mentor and got educated in multifamily real estate.

• Timothy Lyons works as a registered representative of a broker-dealer that raises capital for commercial real estate projects.

• Passive income is not truly passive unless placing money into someone else's deal; active operator still runs the building from a portfolio perspective.

• Leaned into taxes and passive activity rules to shift mindset about active and passive income

[13:21 - 20:13] Overcoming Obstacles and Raising Capital for Deals

• Real estate ownership requires a personal connection to the property

• The author had to overcome the desire for control and team involvement in real estate investing

• Raising capital for deals requires material participation in the project

• The author found success in raising money through his network and educating potential investors

• Analyzing how current market conditions are uncertain and why experienced investors are still investing while newer investors are hesitant

• Understanding the opportunities for deals due to operators facing challenges with expiring bridge debt and high cap prices

[20:13 - 33:14] Why Real Estate Investors Find Opportunities in Tough Times, Despite Housing Crisis and Liquidity Challenges

• Real estate challenges during tough times: liquidity, time, and money

• Surrounding oneself with high-level people in real estate can provide clarity and opportunities

• Housing crisis still exists, with a shortage of single-family homes for sale

• Investing in housing is a long-term strategy as shelter is a basic need of humanity

• Understanding that the debt is temporary, but the basis (investment) is forever

• Understanding why experienced professionals can provide valuable insights and guidance in the market cycle.

Quotes:

"If those guys can do it, so can I." - Timothy Lyons

"Date the rate and marry the asset." Timothy Lyons

Connect with Timothy through LinkedIn, Facebook, or visit http://www.citysidecap.com

LEAVE A 5-STAR REVIEW + help someone who wants to explode their business growth by sharing this episode. Find out how team Quattro can help you by visiting www.TheQuattroWay.com.

Real Estate Runway Podcast is all about alternative business and investment strategies to help you amplify life, and maximize wealth! Click here to find out more about the host, Chad Sutton.

Nectar

https://app.usenectar.com/quattro-capital

Quattro Capital invites you to join Agora:

Don't miss out on the opportunity to experience the forefront of investment management technology with Quattro Capital. Join Agora and schedule a demo to see our all-in-one investment management tool in action. As a bonus, enjoy Quattro's Promotion 10% discount on Yearly Subscription and Onboarding Priority! Our platform includes a powerful CRM, market-leading investor portal, and a fundraising tool that makes it easier to raise capital for new offerings. With our collaborative space, you can ensure transparency with investors and make reporting more accessible than ever before. Click here to schedule your demo and claim your discount today!