Share The Wealth Show

Share The Wealth Show

By Nicole P.BusinessInvesting
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Share The Wealth Show episodes

  • Bootstrapping Wealth: Releasing Your Inner Wealthpreneur
    Ep 69 - Welcome back to another engaging edition of the Share the Wealth Show! In today's episode marking the show's return after a period of hiatus, Nicole is eager to divulge captivating updates. Despite the show's temporary absence, Nicole's enthusiasm remains undiminished as she shares these exciting developments. Furthermore, she takes a deep dive into the concept of bootstrapping wealth - an approach that involves starting with minimal resources and gradually growing them.

    Through her insights, Nicole aims to ignite a fresh perspective on wealth-building, encouraging you to view it through a novel lens. Her goal is to inspire you to unlock your inner Wealthpreneur, a term she uses to embody the spirit of an entrepreneur focused on creating and nurturing wealth.

    Get ready to unleash your inner Wealthpreneur as Nicole inspires you on this journey!

    Nicole Pendergrass is a wife, mom of two toddlers, full-time employee, multifamily investor, and generational wealth advocate. She started her real estate journey with no money, no credit, no connections, and after a few unsuccessful ventures, got her footing with a 3 family house-hack. She grew that first property into ownership in multiple multifamily projects and is now on a mission to help others do the same. She founded Noirvest Holdings, a private equity REI firm, to help minorities, women and other overlooked individuals build wealth through increasing access to "privileged" multifamily investments. She is also the host of the Share The Wealth Show, a podcast dedicated to discussing untraditional strategies to build, grow and protect minority wealth. Don't miss out on this incredible opportunity to unleash clarity and purpose in your life. Let Nicole's guidance and wisdom empower you to unlock your true potential!

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    FREE Discovery call for The Microfamily Investing Acceleratorhttps://calendly.com/noirvest/microfamilymavericks

    Surveyhttps://s.surveyplanet.com/c1xu5qdv

    Website Episode:https://noirvestholdings.com/share-the-wealth-show-episode-69/

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    Key Quotes:

    “If we're starting from very little or nothing, and we're trying to build wealth, with wealthpreneurs,we can make it happen. Right? It's not impossible. It might seem daunting, but it's definitely doable and we can do it..” - Nicole Pendergrass

    “If you think about it, like an entrepreneur at its core is someone who dares to dream beyond the ordinary and who takes risks and turns their ideas into reality.” - Nicole Pendergrass

    “It's not just about starting a business, It's ultimately more about embracing a mindset that propels you forward, especially in the face of obstacles.” - Nicole Pendergrass

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    Let’s get connected!

    You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pendergrass/
    Instagram https://www.instagram.com/nvestornikki/?hl=enFacebook 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...
    41 min
  • Investing for Seniors: Advice Our Children Need To Know

    Ep 73 - Welcome to the Share the Wealth Show! In today's episode,we welcome back Carline Cadet Francios as she continues to share her extensive expertise in residential assisted living and exploring the significant topics of investing for seniors and the crucial advice our children need to know to build their own wealth in the future.

    Be sure to stay tuned for an enlightening conversation, this episode promises to be an informative and engaging conversation that you won't want to miss!

    Carline Cadet Francios is a first-generation Real Estate Investor & ALF Mentor who empowers individuals to open and operate successful Assisted Living Facilities (ALFs). Her ALF owner and operator expertise guides clients in creating profitable and desirable environments. Through education and hard work, Carline helps others achieve generational wealth and make a positive impact. She is also the author of the book "Money Saving: Step by Step Guide on How to Open an Assisted Living Facility from Start to Finish," offering comprehensive insights for aspiring ALF owners.

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    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

    Carline’s book and free resources

    https://carlinecadetfrancois.com/

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    Key Quotes:

    “In business, you're not going to know everything. You learn more as you go. So, if you're waiting to learn as much as you believe you need to learn, you're never going to get started.”

    - Carline Cadet Francios

    “I do believe being able to have multiple eggs in multiple different baskets is the way to go to build wealth and to leave generational wealth.” - Carline Cadet Francios

    Connect with Carline!

    You can find her on

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

    Or Visit her website: https://carlinecadetfrancois.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

    38 min
  • Flashback Friday Ep 36 - Quit Your Day Job In 12 - 36 Months Scaling from 0 to 100 Properties

    In today's Flashback Friday episode, Brian Grimes joins us again to talk about creating an impact in the community. He continues to tell us about his mission to uplift C class neighborhoods and share wealth-building knowledge through coaching. He also offers his advice on how to establish trusts to protect your assets and how to remove yourself from your company by building simple systems. Do you want to build wealth for yourself and your family? You need THE

    [00:01 - 08:42] There Are Infinite Opportunities Out There

    • Check out part 1 of the interview with Brian!
    • There are two things you need in real estate: money and knowledge
    • Why you need to tap into lenders when exploring C class neighborhoods
    • Brian on stepping away from his companies to focus on community development
    • Learn to build simple systems and delegate
    • When you pass knowledge to others, the outcome multiplies, and more people can create change
    • [08:43 - 15:26] The Importance of Having a Trust

      • Have the trust own the properties and the LLCs, and you be a trustee
      • The difference between having an existing LLC and creating the trust vs. starting off with the trust and then acquiring assets
      • Why you need to know about the straw man concept
      • [15:27 - 17:29] Welcome to the Club

        • You don’t need to know everything to be an investor
        • Being afraid means you are smart enough to know that you’re entering an unknown space
        • [17:30- 26:09] Closing Segment

          • The final questions
          • Millionaires are not made from diversification. They focused on one area first and once they became successful, then they diversified.
          • Brian shares his strategy in choosing between Baltic Avenue and Boardwalk
          • What’s next for Brian?
          • Connect with Brian!
          • ________________________________

            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:

            ________________________________

            Key Quotes

            “If I'm good at anything in life, it's building systems and systems that don't break. The best systems, by the way, are simple. They're very scary simple because a simple system, you can magnify by a hundred. It won't break.” - Brian Grimes

            “I don't believe there's competition in this game, right? There's so much inventory out there, there's so much opportunity that I give it all. I don't hold back any information.” - Brian Grimes

            “You're going to have these different fears. But in reality, as the deal unfolds, you're just going to learn day by day, and you're going to get better, and you're going to get comfortable.” - Brian Grimes

            Connect with Brian Grimes through

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            , and

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            Go to

            31 min
          • Passion & Profit: The Hidden Secrets to Success in Residential Assisted Living

            Ep 72 - Welcome back to the Share the Wealth Show! In today's episode,we have the pleasure of introducing Carline Cadet Francios as our guest. She will be sharing her remarkable journey, highlighting her deep passion for her business, and unraveling the concealed strategies that lead to success in the field of Residential Assisted Living.

            Join as us we deep dive into the world of Residential Assisted Living, where individuals are not only driven by their passion for caregiving but also seek to attain financial success in the process!

            Carline Cadet Francios is a first-generation Real Estate Investor & ALF Mentor who empowers individuals to open and operate successful Assisted Living Facilities (ALFs). Her ALF owner and operator expertise guides clients in creating profitable and desirable environments. Through education and hard work, Carline helps others achieve generational wealth and make a positive impact. She is also the author of the book "Money Saving: Step by Step Guide on How to Open an Assisted Living Facility from Start to Finish," offering comprehensive insights for aspiring ALF owners.

            ________________________________

            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:

            Carline’s book and free resources

            ________________________________

            Key Quotes:“I have this weird thing once I see something that I want and I see how it can impact me, my generation and others, like there's no giving up. There's giving up and leaving it for later because there's obstacles?. That is not in my dictionary and I teach that to my children.” - Carline Cadet Francios

            “ I think sometimes people are petty because they wanna sit back and laugh and see how many times this lady have to send an email or come back. But what they fail to realize is once this lady get what she wants, she gets her freedom and she makes the money that she wants to make. And you're still where you are.” - Carline Cadet Francios

            Connect with Carline!You can find her on

            Instagram:

            Or Visit her website :

            ___________________________________________

            Let’s get connected! You can find Nicole on

            LinkedIn

            Instagram

            Facebook

            or Visit her website

            LEAVE A REVIEW...

            51 min
          • Flashback Friday Ep 35 - Big Cashflow With Unique Strategy And Affordable Housing

            In this Flashback Friday episode, Brian Grimes shares how he quit his 9 to 5 to go full-time into real estate. His passion for providing housing to Americans led him not only to set up a successful business but also to bring high-quality homes at an affordable cost.

            Brian K. Grimes, Jr. CFP® is an Ivy League-educated real estate entrepreneur and coach. Upon graduation from Columbia University in 2011, he embarked on a career in Financial Planning at AXA Advisors before transitioning to high-net-worth asset management at Bridgewater Advisors. In 2015, Brian launched his own real estate development company in his hometown of Philadelphia and has since gone on to gut-renovate 300+ rental properties across the country using the BRRRR strategy. He is raising his sons, Brian III and Tomas, in the Bronx with his wife, Zila Acosta-Grimes.

            ________________________________

            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 - 06:31] Who is Brian Grimes?

            Brian’s mission: to help create impact and extend affordable housing into communities He started his career in financial planning after graduating from Columbia University, then into the real estate world Improving the quality of housing not only benefits the tenant but additional cashflow for the investor He founded the 24/7 Cashflow University teaching students how to escape the 9 to 5 job through real estate

            [06:32 - 10:47] Creating Density Through Co-Living Spaces

            Dentrification: Adding density back to the community by rebuilding a single property to a shared living units With this model, you are able to provide affordable and quality housing to people who cannot pay a full rent The property owner also benefits from the increased rent roll Brian discusses navigating the city ordinances and other considerations while setting up these spaces

            [10:48 - 21:20] The Importance of Vision in Real Estate

            Seeing opportunities where most people can’t Finding a solution to the affordable housing crisis in the C-class neighborhoods Brian goes to the nitty gritty of full gut renovations and how they are transforming these properties to be long-term assets Paying directly the cost of labor and materials cut down unnecessary expenses How Brian survived the pandemic and was able to scale in spite of the shortages

            [21:21 - 28:03] Putting All Your Energy on Yourself

            Some millionaires invest not expecting a high return but a steady return without losing capital Here’s the reason why Brian decided to go full-time into real estate and quit his 9 to 5 job at 30 You don’t have to be a millionaire to get into real estate, you can start small

            [28:04 - 28:50] Closing Segment

            Watch out for part 2 of our conversation with Brian!

            Key Quotes

            “When you're in a real estate game, and you've gone through some market cycles, you'll start to understand this stuff and that there are times where credit is available. And people are lending and doing 80% cash out refinance, and then things can tighten up in a heartbeat. So you have to stay pretty liquid. Keep your ear to the ground and know what's going on in a macro level.” - Brian K. Grimes

            Connect with Brian Grimes through ⁠LinkedIn⁠, ⁠Facebook⁠, ⁠Instagram⁠, and ⁠YouTube⁠. Go to ⁠24/7 Cashflow University⁠ and check out their newsletter, webinars, and more.

            Let’s get connected!

            You can find Nicole on ⁠LinkedIn⁠, ⁠Instagram⁠, or ⁠Facebook⁠. Visit her website ⁠https://noirvestholdings.com⁠

            36 min
          • Rehabbing Like A Boss: The Art of Vetting Contractors & Building Loyalty

            Ep 71 | Welcome back to the Share the Wealth Show! In today's episode, we welcome back Avriel DuVerney as she continues to impart her invaluable insights. In this conversation, we will unravel the secrets behind successful property rehab projects, where precision in selecting contractors meets the art of fostering unwavering loyalty within your construction team.

            Property rehabbing isn't merely about transforming structures; it's a harmonious blend of vetting the right professionals to do the job and ensuring they are committed to the project's success. These two pillars, contractor vetting, and building team loyalty, are the cornerstones of thriving in the competitive world of property rehabilitation.

            Join us as we explore the intricacies of these essential practices that will empower you to rehab like a true boss!

            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.

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            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:

            Brand name of electrical panel Nicole mentioned you should look out for during property inspections - Primarily Federal Pacific Breakers but also look out for Zinsco and Challenger electrical panels

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            Key Quotes:

            “Wealth means the freedom to be able to do what I want to do. Wealth is not just the monetary side of it, but wealth is time and freedom.” - Avriel DuVerney

            “I do think that diversification is important. I'm always trying to find something to diversify my portfolio, but I wanna make sure that they all make sense and they all can co-mingle together.” - Avriel DuVerney

            Connect with Avriel!You can find her on

            Linkedin

            Facebook

            Instagram

            Or Visit her website:

            ___________________________________________

            Let’s get connected! You can find Nicole on

            LinkedIn

            43 min
          • Flashback Friday Ep 31 - The Dynasty Trust: The Thing You Never Knew You Needed

            In this Flashback Friday episode, we speak again with Travis Gibson to learn more about creating and preserving generational wealth. He introduces the dynasty trust, a type of trust designed to last longer than one generation and minimize transfer taxes. He goes in-depth on its benefits and breaks down step-by-step how they were able to establish his family’s trust. He also offers actionable advice so you can start setting up your own trust, too   ____________________________________________

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

            https://www.microfamilymavericks.com/casestudy

            FREE Discovery call for The Microfamily Investing Accelerator 

              ____________________________________________   [00:01 - 20:14] How to Build a Legacy That Grows Over Time

            1. Check out part 1 of the interview with Travis!
            2. Travis talks about discovering the dynasty trust
            3. Structuring their trust so that their descendants will receive a quarterly distribution
            4. The distribution protects the wealth from being squandered
            5. Things to consider: state laws in which it will be created, the amount of money available to invest, and the provisions that will be included
            6. The trust can have a time limit or be established in perpetuity
            7. Spouses and descendants of descendants are not entitled to distributions unless they still have children under 18
            8. The trust should be flexible enough to accommodate changes in the future
            9. How to leverage life insurance and having an LLC
            10.   [20:41 - 25:15] A Trust is A Gift

              1. Travis stresses the importance of estate planning for the future generation
              2. Why he is thinking about setting up a new trust in the next few years
              3. Creating wealth does not happen overnight, but all you need to do now is to get started
              4.   [25:16 - 33:29] Closing Segment 

                1. The final questions
                2. Consolidation within an asset class and diversification across asset classes
                3. Travis shares his strategy in choosing between Baltic Avenue and Boardwalk 
                4. What does Travis need right now to get to the next level?
                5. Connect with Travis!
                6.     Key Quotes    “You have a lot of people that they end up with sizable estates and they give their heirs the entire estate at their passing. And what happens is you create these trust fund babies that have no real appreciation as to what it takes to actually build in this state and size.” - Travis Gibson   “One of the things you have to consider with the dynasty trust is it has to be written in a way where you try to at least consider what can happen in the future.” - Travis Gibson   “Having some type of structure in place to ensure that your assets are handled properly, I think, is a responsibility of anybody that has a family.” - Travis Gibson     Resources Mentioned

                  1. Share The Wealth Show: Creating Black Trust Fund Kids with Portia Wood
                  2. Share The Wealth Show; The Road To 2053 - Zero Net Worth For The Black Community with Portia Wood
                  3.   Connect with Travis Gibson through his

                    ! Check out Freeman Equity Group on

                    ,

                    ,

                    38 min
                  4. HOW SHE REPLACED HER W-2 INCOME WITH RENTAL INCOME WITH NATASHA VERELA

                    Share The Spotlight Ep 09 - Welcome to the Share the Wealth Show podcast! Our commitment to sharing wealth continues as we shine a spotlight on another captivating and thought-provoking podcast we've found that we know will add tremendous value to you!    Stay tuned, and let's  explore

                    Podcast! _______________________________________________________________________________   Natasha shares how she was able to leave her W-2 job and support herself with her rental income. We take a look at Natasha’s portfolio and her numbers. We talk about how she budgets for repairs and vacancies, and how she uses the tax code to legally avoid paying taxes on her rental income. We also talk about how Natasha gets health insurance, and why she rents herself, instead of owning a home. More From Natasha:

                    Thanks To Our Sponsor:

                     – Nationwide Lender For Rental Property Purchase & Refinance. Now offering a No Doc investment loan if the numbers make sense.


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

                    https://www.microfamilymavericks.com/casestudy

                    10 min
                  5. Flashback Friday Ep 30 - Using My Tax Return To Buy A Property Every Year... for 20 Years

                    Getting into real estate is challenging, but it can be a rewarding experience. As long as you have the right strategies and mindset, you can set yourself up for success. In this Flashback Friday episode, Travis Gibson talks about valuable lessons he learned throughout his career in real estate. He was doing well for himself as a software engineer and investor, but the crash of 2018 left him fighting to recover his lost assets. He details his transition to multifamily and trading and offers important insights on how to be wise with money. Travis is the Principal and founding member of the private equity investment firm, Freeman Equity which has over $65M AUM. He has over 20 years in both the public and private equity markets. He has extensive experience investing in self-storage facilities, residential mortgage notes, mobile home parks, single-family residential acquisitions, office buildings, and Multifamily real estate syndications. Coming from a background in software engineering he has a wealth of experience in defining project requirements and managing development teams for Fortune 500 companies such as EDS, ECMC, and Apple. Finance. ____________________________________________

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

                    https://www.microfamilymavericks.com/casestudy


                    FREE Discovery call for The Microfamily Investing Accelerator

                    ____________________________________________ [00:01 - 10:42] Who is Travis Gibson?

                    • Travis on coming from a family of real estate owners and professionals
                    • He bought his first property to get tax deductions
                    • What was it like when he lost half of his portfolio in the 2008 market crash
                    • [10:43 - 22:33] Surviving and Thriving with Multifamily

                      • By finding a lender that would give him credit and buying single-family homes cheaply, he was able to slowly rebuild his portfolio
                      • Not wanting to deal with residents’ problems anymore, he discovered multifamily through a friend and how it offers better returns and tax advantages
                      • Travis shares a bad experience with a tenant and why you should always trust but verify
                      • He chose to be an active investor so he could learn the in and outs of the business
                      • [22:33 - 29:31] Take Profits or Don’t

                        • Managing greed is essential, especially in trading
                        • Use profits from trading to invest in multifamily
                        • Set up rules and trade by those rules to mitigate risk
                        • Travis explains why he doesn’t want to create a course on trading
                        • How he’s able to balance his W2, real estate, trading, and personal life
                        • [29:32 - 39:45] Building Sustainable Wealth as a Minority

                          • The community itself has capital, but the investment strategy is problematic
                          • You don’t need a lottery ticket, start with wherever you are
                          • Do due diligence and find the best cash-flowing assets
                          • Figure out your financial goals
                          • Look at your expenses and cut out unnecessary spending
                          • There is value in delayed gratification
                          • [39:46 - 40:31] Closing Segment

                            • Watch out for part 2 of our conversation with Travis!
                            • Key Quotes “It's important that you're super diligent in choosing the best possible assets that you can from a risk standpoint, but also from a growth standpoint.” - Travis Gibson “I've really tried to work on not only my children but also my family and pretty much anybody that wants to talk about it. Financial literacy is a huge component in this, just learning how to manage your finances and from there, how to invest. It's pivotal, right?” Travis Gibson “The ability to defer gratification is a big part of any sound investment strategy. Do you want a new car? Yes. Do you need a new car is the question.” Travis Gibson Resource Mentioned:


                              • 45 min
                              • An Affordable Option for Trust and Will Planning
                                Share The Spotlight Ep 08 - Welcome to the Share the Wealth Show podcast! Since our previous Share The Spotlight Ep 7 discussed how we can destroy our legacies if we don't plan for death, Nicole selected this episode to bring you a more cost-effective, easier option to get estate docs set up.   We'll visit Lesley Batson's podcast show, who has been a guest on our own show Episode 5 (make sure you check it out HERE!).   Stay tuned, and let's get ready to explore Rebel Rock Money Talk Podcast!     If you know you need to get a will or trust in place but you have been putting it off, you didn't want to pay the premium fee for an estate planning attorney and/or you have a simple estate, this episode will explain how 'Trust & Will' can help you finally get this completed at an affordable price.   * Trust & Will website (10% discount with this link) *** Book Club: Join Rebel Rock Book Club Youtube: Subscribe and get notified when we have a new video Podcast: Subscribe and listen The Rebel Letter: Subscribe to our weekly newsletter Website: Learn more about Rebel Rock Wealth, our services, and upcoming events Let's Talk: Book your free Discovery Call Rebel Rock Wealth | Financial Strategies for Independent Thinkers ---   Send in a voice message: https://podcasters.spotify.com/pod/show/rebelrockmoneytalk/message
                                41 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…