Share The Wealth Show

Share The Wealth Show

By Nicole P.BusinessInvesting
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Share The Wealth Show episodes

  • From Good to Great: The Power of Diverse Perspectives and Collaboration

    Ep 76 - In today's episode of the Share the Wealth Show, we welcome Christian Beyer, who will delve into a fascinating topic that promises to elevate your understanding of success and innovation:

    🔗 Learn how networking and team-building are essential for thriving in the real estate industry.

    🌍 Explore the freedom of being location-independent, opening doors for project work from anywhere.

    💼 Partnering with others can provide that extra financial boost for down payments and entry into larger projects.

    🤝 Collaboration not only leads to increased income but also exposes you to diverse perspectives and expertise.

    🏆 Take on more complex ventures by joining forces with other investors, reaping financial benefits and fresh insights.

    🔥 Join us for an enlightening conversation that explores the dynamic synergy of diverse viewpoints, the magic that happens when different minds come together, and the steps you can take to propel yourself, your team, and your projects from good to great.

    Christian Beyer is a husband, father, real estate investor, and full time W2 as a Senior Manager in customer logistics for the world's largest consumer health company. He graduated from Penn State University with degrees in Mechanical Engineering and Supply Chain with roles spanning production, operations, and customer service that have taken him all over the world from Puerto Rico, to London, to India and now back to Phoenixville, PA where he lives with his wife Stephanie and their 2 children. Christian's portfolio consists of 30 units in the state of Pennsylvania, LP investments in Dallas, TX, and is a General Partner on syndicated deals in Louisville, KY and Allentown, PA.

    In his limited spare time, Christian enjoys playing golf, going to bible study, and vacationing in the Pocono mountains or the Jersey shore. His passion for education and networking has offered him opportunities to act as the professional development advisor for the Penn State Chapter of Engineers Without Borders, a mentor for the Penn State Mechanical Engineering Mentorship Society, and as a speaker at local real estate meetups.

    ________________________________

    Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:

    ⁠https://www.microfamilymavericks.com/casestudy⁠

    Check out our podcast website!Thesharethewealthshow.com

    Want to leave feedback or suggestions on our show?

    Take our survey:

    ________________________________

    Key Quotes:

    “What you need to do to get to the next level is you need to build a team. You need a team of people who know more than you do.” - Christian Beyer

    “We all have the same number of hours in a day. You, me and Beyonce all have 24 hours in a day, right? So the only way to increase the number of deals that you see and the number of opportunities that you can come across is to increase the number of people in your network who are thinking about you when they're thinking about their projects.” - Christian Beyer

    Connect with Christian!

    Linkedin

    ___________________________________________

    Let’s get connected!

    You can find Nicole on

    LinkedIn

    46 min
  • Microfamily Millionaire Ep 3 - Don't Scream Newbie!

    If you're new to multifamily investing, maybe you've joined a mentorship group that teaches you to say this as part of your elevator pitch.... let me tell you... don't do it! It's the scarlet letter announcing how new you are to anyone who experienced. We smell it a mile away!

    If you want to get in to commercial multifamily investing, especially on a smaller scale... watch this episode to find out what you should NOT do!

    And if you haven't subscribed to our parent podcast Share The Wealth Show yet, then subscribe to this channel!

    ________________________________

    Interested in investing in small multifamily?

    Learn more about The Microfamily Mavericks mentorship program here:

    ⁠https://www.microfamilymavericks.com/casestudy⁠

    Check out our podcast website! Thesharethewealthshow.com

    12 min
  • Flashback Friday Ep 39 - Not Like Stocks! Passive Paper Investing Backed By Hard Assets

    In this Flashback Friday episode, we welcome back Lorraine Millington as she discusses the benefits of purchasing non-performing loans and doing due diligence before purchasing those notes. Lorraine shares her experience in a recent loan where she and her joint venture partner was able to get a high roi on the note. She also talks about building business with brokers, mentors, and the bank and the importance of having knowledge of the basics of notes.

    ________________________________

    Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:

    ⁠https://www.microfamilymavericks.com/casestudy⁠

    Check out our podcast website!

    Thesharethewealthshow.com

    Want to leave feedback or suggestions on our show?

    Take our survey: https://s.surveyplanet.com/c1xu5qdv

    ________________________________

    [00:01 - 05:29] Benefits of Purchasing Non-Performing Loans

    • Check out part 1 of the interview with Lorraine!
    • Non-performing loans are secured by a hard asset
    • There is a potential to pick up properties under market value
    • Doing due diligence to make sure the value of the asset supports the debt being purchased
    • [05:30 - 11:06] Experiences in Passive Paper Investing

      • Did a joint venture with a client who wanted to start in note investing
      • After doing a close on the loan found out the initial borrower was still making payments
      • Discovering that the ROI on the loan is continuing to increase
      • Importance of always asking the seller for information
      • [11:06- 16:05] Where to Purchase Notes

        • Look for brokers, mentors, or coaches who have great relationships with banks
        • Banks are looking for purchasers who can solve the problem of getting that asset of their books
        • Make sure you have an accredited investor and enough money in the bank
        • Importance of having knowledge of what notes are and JV partners
        • [17:30- 26:09] Closing Segment

          • The final questions
          • Diversification as being a protection against ignorance is that we can't believe that one stream, one strategy is going to blow it up for us. We have to make sure that we have our eggs in different baskets
          • Lorraine shares his strategy in choosing between Baltic Avenue and Boardwalk
          • What’s next for Lorraine?
          • Connect with Lorraine!
          • Key Quotes “A non-performing loan can definitely be an option for you. But then also, if someone is looking for passive income opportunities, and maybe the stock market is a little bit too volatile for you, maybe the cryptocurrency market is, is a little too volatile for you. Cuz those are two of my better examples of a more passive paper income type of strategy.” - Lorraine Millington

            “The debt is still the debt, and you know, we're, we're not necessarily going to adjust that or modify that.” - Lorraine Millington

            Connect with Lorraine Millington through www.melaninhomes.com

            Follow her on LinkedIn https://www.linkedin.com/in/lorrainem... and

            subscribe to their Youtube channel / @melaninhomes

            Contact her at +1 440-305-5195

            Let’s get connected! You can find Nicole on

            ,

            , or

            .

            Visit her website

            LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant...

            29 min
          • Creating a Legacy: The Journey From Debt To Wealth

            Ep 75 - Welcome to another episode of the Share the Wealth Show! In today's episode, we welcome back Kofi Thompson as he continues to share insights on financial objectives, addressing spending habits, and the process of eliminating credit card debt. We'll also explore the remarkable transformation of one of his clients, whose net worth improved from a daunting -$50,000 to an impressive +$200,000 over a span of four years. We'll place particular emphasis on the profound impact of making small adjustments to one's financial habits when it comes to building wealth.

            Additionally, Kofi will engage in a discussion regarding the concept of "banking on yourself" by utilizing whole life insurance policies to enhance financial flexibility. Lastly, we'll delve into the significance of cultivating a positive mindset and maintaining belief in one's ability to achieve their financial aspirations.

            Don’t miss out this episode and explore the strategies, lessons, and mindset shifts required to not only conquer financial struggles but also leave a lasting legacy for future generations!

            Kofi Thompson works with First-generation wealth creators helping them accomplish their goals with more clarity and intentionality. As a comprehensive financial advisor. He helps his clients build, manage,protect, and transition wealth allowing them to follow a defined path to turn their dreams into realities.

            Growing up Kofi was impacted by many financial traumas his parents faced while growing up in section 8 housing. In his early 20’s reality struck and after his father passed away from cancer he came to the conclusion that no one should pass off debt instead of wealth. After this and realizing much of financial pain people had was caused by misinformation and miseducation it became his mission to serve and heal the financial lives of other.

            He believes the problems we face today can’t be solved with the same way of thinking that got us there so he uses his knowledge to take nuanced approaches to find solutions to many different types of financial problems. Outside of his business he is also a competitive powerlifter holding a Virginia state dead lifting record, a yogi, book nerd, cyclist, and podcaster Host of the Show Breaking the Glass Ceiling where he helps his audience grow spiritually, emotionally, physically, mentally, and emotionally.

            ________________________________

            Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:

            ⁠https://www.microfamilymavericks.com/casestudy⁠

            Check out our podcast website!

            Thesharethewealthshow.com

            Want to leave feedback or suggestions on our show?

            Take our survey: https://s.surveyplanet.com/c1xu5qdv

            ________________________________

            Key Quotes:

            “Getting to the point where you can believe that you can achieve this is so important.” - Kofi Thompson

            “ Sometimes it does require you to take a little risk getting out of your comfort zone, because that's where we truly grow. And you really got to, you know, spend some time with yourself, you know, whether it be journaling, getting around the right people and like doing all these things so you can have the right mindset, to continue to make progress on your journey.” - Kofi Thompson

            “Make sure that you are paying attention to your health because like, a rich man wants 10,000 things, but an unhealthy man wants one thing.” - Kofi Thompson

            Connect with Kofi!

            You can find him on

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

            Facebook: https://www.facebook.com/kofi.thompson.27/

            Linkedin: https://www.linkedin.com/in/kofi-thompson/

            or visit his website https://www.zioncapital.us/

            Free Financial Plan: https://us.planswell.com/discovery/adv-kofi

            ___________________________________________

            43 min
          • Microfamily Millionaire Ep 2 - One Loan For Multiple Properties???

            Have you ever seen listings for multiple properties for sale as a package?

            Getting ONE loan for the purchase instead of a different loan for each property saves so much time, energy and money... right???

            Well there may be some things you need to consider before taking that route... tune in to find out what they are!

            If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to this channel!

            ________________________________

            Interested in investing in small multifamily?

            Learn more about The Microfamily Mavericks mentorship program here:

            ⁠https://www.microfamilymavericks.com/casestudy⁠

            Check out our podcast website!

            #smallmultifamily #millionaire #newinvestor #investor #multifamily #invest #growwealth #lenders #banks #realestate #realestateinvestment #portfolio #multifamilypodcast #blackwealth #minoritywealth #sharethewealthshow #microfamilymavericks #mentorship

            8 min
          • Flashback Friday Ep 38 - Turning Debt Into Profit with Mortgage Note Investing

            Investing in notes is a great way to let money work for you without needing to be involved with the technical aspect and day-to-day operations of it.

            In this Flashback Friday episode, we have with us real estate entrepreneur, mortgage note investor, tax accountant, and mindset and performance breakthrough coach Lorraine Millington. She goes deep into the nitty gritty of mortgage note investing, the difference between performing and non-performing loans, and even shared a few steps on how you can get started.

            As the Founder and CEO of Melanin Homes, Lorraine and her team specialize in passive income strategies through mortgage note investing nationwide. They work directly with investors who are looking for truly positive cash flow assets, highly competitive returns on their investment, and the opportunity to Become the BANK! As President and Owner of Melanin Tax Solutions, Lorraine is an enrolled agent providing tax, bookkeeping, and tax resolution services to individuals and small business owners to help clients resolve any audit inquiries, reduce their tax liability, effectively claim all applicable tax deductions and credits and stay financially organized. As a mindset and performance breakthrough coach, Lorraine helps people get out of their own way by removing the mental blocks and limiting beliefs that are keeping them stuck in what they are doing and preventing them from moving forward to who they should be BEING, to get what they really want for themselves and for their life.

            ________________________________

            Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:

            ⁠https://www.microfamilymavericks.com/casestudy⁠

            Check out our podcast website!

            Thesharethewealthshow.com

            Want to leave feedback or suggestions on our show?

            Take our survey: https://s.surveyplanet.com/c1xu5qdv

            ________________________________

            [1:00 - 13:59] Who is Lorraine Millington?

            She has always been around real estate and her family is within traditional real estate as well for a long time

            She found an effective way to get engaged with real estate without having to deal with its day-to-day operations

            Her turning point into turning to mortgage note investing is finding leverage in taking advantage of the opportunity and the fact that debt is not always bad

            She worked with legal for a long time dealing with contracts and papers associated with mortgage note investing and tax professional

            [14:00 - 20:28] What You Need To Know bout Mortgage Note Investing

            Lorraine explained that mortgage note investing is buying the debt associated with the property instead of buying the actual property

            It is a great way of letting money work for you and having passive Income with minimal involvement

            She shared two ways of mortgage note investing

            With mortgage note investing, you have freedom and control over the transaction that is kept in progress while also giving you the chance to profit.

            [19:47 - 22:43] How to Get Started with Mortgage Note Investing

            Lorraine suggested five checklists on how to get started;

            [22:44 - 28:04] Performing Notes Versus Non-Performing NoteS

            [28:05 - 28:49] Closing Segment

            Watch out for part 2 of our conversation with Lorraine!

            Key Quotes

            “When someone goes to purchase or takes out a loan or a mortgage to purchase a property, they're not calling the bank and saying, hey, I have a leak in my roof. No, you're taking care of that yourself because you own that property.” - Lorraine Millington

            “If you're listening and you have a little bit of capital to deploy, and you're really interested in something like this, really start educating yourself and aligning yourself with people who are already in this line or in this in this industry and kind of...

            34 min
          • Can You Build Wealth Without Risk? Dissecting Smart Investment Strategies

            Ep 74 - Welcome to another impactful episode of the Share the Wealth Show! In today's episode, we are delighted to introduce Kofi Thompson, who will be exploring the question: "Is Wealth Building Possible Without Risk?" We will delve deep into the world of smart investment strategies, dissecting the ways that enable individuals to build financial prosperity while minimizing potential hazards.

            Kofi Thompson works with First generation wealth creators helping them accomplish their goals with more clarity and intentionality. As a comprehensive financial advisor. He helps his clients build, manage,protect, and transition wealth allowing them to follow a defined path to turn their dreams into realities.

            Growing up Kofi was impacted by many financial traumas his parents faced while growing up in section 8 housing. In his early 20’s reality struck and after his father passed away from cancer he came to the conclusion that no one should pass off debt instead of wealth. After this and realizing much of financial pain people had was caused by misinformation and miseducation it became his mission to serve and heal the financial lives of other.

            He believes the problems we face today can’t be solved with the same way of thinking that got us there so he uses his knowledge to take nuanced approaches to find solutions to many different types of financial problems. Outside of his business he is also a competitive powerlifter holding a Virginia state dead lifting record, a yogi, book nerd, cyclist, and podcaster Host of the Show Breaking the Glass Ceiling where he helps his audience grow spiritually, emotionally, physically, mentally, and emotionally.

            ________________________________

            Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:

            ⁠https://www.microfamilymavericks.com/casestudy⁠

            Check out our podcast website!

            Thesharethewealthshow.com

            Want to leave feedback or suggestions on our show?

            Take our survey: https://s.surveyplanet.com/c1xu5qdv

            ________________________________

            Key Quotes:

            “I don't believe in like overnight millionaires, things like that. A lot of the habits you establish truly dictate where you're going to be down the road. .” - Kofi Thompson

            “There should be alignment as to what you're doing and what you truly desire.” - Kofi Thompson

            “When it comes to building wealth long-term, so much of it is just consistency in what you're doing. Just doing something like, they often say success is doing the things that other people won't do or doing the simple things consistently enough and for a long time..” - Kofi Thompson

            Connect with Kofi!

            You can find him on

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

            Facebook: https://www.facebook.com/kofi.thompson.27/

            Linkedin: https://www.linkedin.com/in/kofi-thompson/

            or visit his website https://www.zioncapital.us/

            Free Financial Plan: https://us.planswell.com/discovery/adv-kofi

            ___________________________________________

            Let’s get connected!

            You can find Nicole on

            LinkedIn https://www.linkedin.com/in/nicole-pendergrass/

            Instagram https://www.instagram.com/nvestornikki/?hl=en

            Facebook https://www.facebook.com/nvestornikki

            or Visit her website https://noirvestholdings.com

            LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.

            https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163

            42 min
          • Microfamily Millionaire Ep 1 - If you're gonna go to a bank, use this kind!
            If you are a new real estate investor and you only think about going to a traditional bank to get a loan, it's a mistake to think all banks are the same!

            There's a reason you need to "fit in the box" when you go to big box banks... if you don't know why, this episode is for you!

            Banks are businesses and they each have different business models.

            This is a quick listen if you wanna find out
            • What some banks do to your loan after you close
            • What to expect as a new investor going to a bank
            • A quick tip on what to say/do to negotiate better terms
            If you haven't yet subscribed to our parent podcast Share The Wealth Show subscribe to our show!


            Interested in investing in small multifamily?
            Learn more about The Microfamily Mavericks mentorship program here

            Check out our podcast website!
            8 min
          • Flashback Friday Ep 37 - How To Vet An Operator Before You Invest In Their Deal

            Joining a real estate syndication will allow you to leverage other people’s money and invest together in a property.

            In this Flashback Friday episode, syndication attorney Gene Trowbridge, ESQ, CCIM sits down with us today to give expert insights on syndications and how to become a passive investor. He lists guide questions to ask an operator who's presenting an opportunity for you.

            As a founding partner of Trowbridge Law Group LLP, Gene’s law practice concentrates on the syndication of commercial and investment real estate, through both debt and equity. He has represented over 650 clients in this area of practice. The median offering size is $3,000,000 but he has done individual offerings of over $6 Billion. His practice writes offerings under Rule 506b and 506(c) of Regulation D. As a former syndicator who for ten years raised investor capital through the broker-dealer community, he is able to communicate with his clients on both the technical and the practical aspects of state and federal securities laws. As a long-time CCIM and CCIM Senior Instructor, he has won numerous awards for his teaching ability. His book “It’s a Whole New Business!” is really a “how to manual” on real estate syndication.

            ________________________________

            Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:

            ⁠https://www.microfamilymavericks.com/casestudy⁠

            Check out our podcast website!

            Want to leave feedback or suggestions on our show?Take our survey:

            ________________________________

            [00:01 - 11:11] Who is Gene Trowbridge?

            1. Gene talks about making great decisions on the kitchen table with his wife and the meaning of wealth
            2. He discusses his background and how he ended up studying law at 45 and helping other people be good syndicators
            3. His philosophy is to do a deal by himself first because he wants to make sure everything works before he starts to manage other people’s money
            4. Last year, he sent 1,600+ K-1’s to his investors
            5. [11:12 - 21:26] What You Need to Know About Syndication

              1. A syndication can be a great way for people to pool their resources and invest in a deal together
              2. As a syndicator, it’s important that you figure out where the opportunities are and assemble a team that can capture those opportunities
              3. Building your database of contacts is key
              4. What he asks his clients who are interested in real estate syndication:
              5. How did you get started?
              6. What do you think is going to happen in the next three years with your business?
              7. What advice do you have for rookies?
              8. [21:27 - 26:53] Questions to Ask and Vet Sponsors

                1. What will happen to the capital if something happens to you?
                2. There should be continuity
                3. Never invest with an individual sponsor
                4. Have you done this before?
                5. Even if this is the sponsor’s first time, they should have something to bring to the table
                6. Are you going to invest any money in this yourself?
                7. If I need liquidity, how will you handle that?
                8. [26:54 - 31:19] Becoming a Passive Investor

                  1. Seek out education and be knowledgeable in real estate
                  2. Not everyone is equipped to be a syndicator and not every property should be syndicated.
                  3. The syndication business is a people business
                  4. [31:20 - 39:52] Closing Segment

                    1. The final questions
                    2. Spread the risk and get diversified
                    3. Gene shares his strategy in choosing between Baltic...
                    4. 46 min
                    5. Breaking Barriers: How a Black Woman Rehabber Built a Flourishing Business

                      Ep 70 - Welcome back to the Share the Wealth Show! In today's episode, we have the privilege of sitting down with Avriel DuVerney an incredible entrepreneur whose journey is incredibly inspiring. Join us as we delve into the life and accomplishments of a remarkable Black woman rehabber who has not only broken barriers but also built a flourishing business in a male-dominated industry.

                      Avriel DuVerney is the real estate visionary on the path to redefine generational wealth for investors. As a 20-year veteran, now highly recognized real estate investor, Avriel owns Stone 2 Stone Solutions, Inc., a real estate business solutions and property management agency that specializes in driving revenue growth and increasing market share through strategic analysis, partnerships, acquisition/retention, and cost development.

                      On a mission to make real estate investing accessible to all, Avriel is leading the way in providing top tier education and coaching to new and rising investors. With her own fast-growing portfolio of properties, Avriel to date has been influential in securing and flipping over $2.6M in real estate. As the Conference host and the investing guru behind the new real estate investing course, Sidelines to Success – she will personally teach, coach, and support the new generation of real estate investors.

                      ________________________________

                      Interested in investing in small multifamily? Learn more about The Microfamily Mavericks mentorship program here:

                      ⁠https://www.microfamilymavericks.com/casestudy⁠

                      Check out our podcast website!

                      https://thesharethewealthshow.com/

                      Want to leave feedback or suggestions on our show?

                      Take our survey: https://s.surveyplanet.com/c1xu5qdv

                      ________________________________

                      Key Quotes:

                      “Regardless to what life gives you and life may knock you down a couple of times, you still just get back up because as you go through real estate it's gonna be something that you're gonna have to endure, if you wanna stay in this game, because real estate is tough, entrepreneurship is tough.” - Avriel DuVerney

                      “I say to anyone that's going out here and you really and truly don't know, I'm telling you, you need to get a coach, you need to get a mentor, so, you don't make the same mistakes that some of us have already made.” - Avriel DuVerney

                      Connect with Avriel!

                      You can find her on

                      Linkedin https://www.linkedin.com/in/avrielduverney/

                      Facebook https://www.facebook.com/avriel.duverney

                      Instagram https://instagram.com/avriel4ev

                      Or Visit her website :https://s2ssolutionsinc.com/

                      ___________________________________________

                      Let’s get connected!

                      You can find Nicole on

                      LinkedIn https://www.linkedin.com/in/nicole-pendergrass/

                      Instagram https://www.instagram.com/nvestornikki/?hl=en

                      Facebook https://www.facebook.com/nvestornikki

                      or Visit her website https://noirvestholdings.com

                      LEAVE A REVIEW & SHARE THE WEALTH by SHARING this EPISODE with someone who wants to learn the secret strategies of the wealthy and build an abundant life. You can listen to previous episodes of Share the Wealth Show here.

                      https://podcasts.apple.com/us/podcast/share-the-wealth-show/id1622218163

                      48 min

                    About Share The Wealth Show

                    From the publisher's feed

                    Do you believe that life should be more than mediocre? Well, so does Nicole Pendergrass, the host of The Share The Wealth Show, a married mom of two toddlers, who decided to break through the…