Share The Wealth Show

Imagine having a high-paying job but still living paycheck to paycheck, trying to get out of debt? In today's Flashback Friday Featured episode, Dr. James Bryant shares how he escaped being cash-strapped and built generational wealth while doing good. James' positive mindset is key to his success, and he highlights the importance of focusing on goals. He also discusses passing more than a financial legacy to his kids and structuring his life to be fully present in his family. James Bryant, Ph.D., P.E. is the Founder of Engineer Your Success, LLC, a boutique leadership training and peak performance coaching firm designed to help engineers win in business and in life. Dr. Bryant believes that you can build the business of your dreams and have a life that you absolutely love. He has over 20 years of experience leading teams and organizations in the private and public sectors and is the host of the Engineer Your Success Podcast. Dr. Bryant is a professional engineer, a certified John Maxwell Leadership speaker, trainer, and coach, and most importantly he is a loving husband and father. Dr. Bryant is an Alumni of the initial Myers Methods Multifamily Real Estate Investing Course and using joint ventures, has an ownership stake in 4 multifamily properties that have a total of over 85 units.   ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [02:31 - 10:42] Who is Dr. James Bryant? ● Being income rich but cash poor ○ Not living beyond their means but somehow still struggling to get rid of debt ● How they started monitoring cash flow to manage expenses ● The start of his investing journey   [10:43 - 17:32] Getting Your Finances in Order ● Going to multifamily to pay off their mortgage ● Tapping into lines of credits and their retirement account ● Locking in on financial goals ● Projecting your cash flow ○ This has a psychological impact   [17:33 - 20:11] Doing Well While Doing Good ● Financial freedom enables you to give back ● The fulfillment in being able to provide for your parents   [20:12 - 29:07] Having a Growth Strategy and Looking at the Future ● James talks about investing passively in the future ● Leveraging on your 401(k) to get the resources needed to invest ● The work he does with Engineering Your Success, LLC ● He shares stories about his kids and what’s the legacy he wants to leave behind   [29:07 - 36:36] Closing Segment ● The final 2 questions ○ James’ take on the diversification: Niche down! ● Connect with James!     Key Quotes “Success is a journey and it shifts. How we view and use money, and leverage money begins to grow as we grow.” - Dr. James Bryant “Your kids see who you are not who you project to be. And they begin to follow your cues.” - Dr. James Bryant “You can only be an expert at so many things. So even if you're looking to generate income from other areas, then which one are you going to be the expert in? Which one are people going to look to you to be the authority to speak about, to talk about when it comes to investing and moving forward?” - Dr. James Bryant   Connect with Dr. James LinkedIn https://www.linkedin.com/in/jbryant2/ Instagram https://www.instagram.com/drjamesbrya...   Also, check out his Engineer Your Success podcast Listen here https://podcasts.apple.com/ca/podcast... and check out LinkedIn https://www.linkedin.com/company/bett...   Let’s get connected! You can find Nicole on...

Ep 55 - In today's episode of the Share The Wealth Show, we welcome back Verline Davis as she dives into the common myths and misunderstandings surrounding business entities and credit.  She also provides actionable tips to help you make informed decisions about your business. So, whether you're an entrepreneur just starting out or a seasoned business owner, understanding the fundamentals of business structures and credit can make a huge difference in the success of your business.  Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________ [01:20 - 08:49] LLC vs S Corp
Business entities
Debunking misinformation about LLC
What S Corp and C corp do
Cold Consultation with Verline
Tax Planning
Health Insurance and Savings
[12:01 -25:23] Business Entitiy & Credit Masterclass
Different strategies for every business
Course About Fixing Credit
Consumer Laws
Business Car Approvals
The truth behind Car Dealership
[25:24 - 39:19] Closing Segment: The Final Questions
Verline’s take on Diversification
Choosing between Baltic Avenue and Boardwalk with the Monopoly game
What wealth means to Verline
What was the biggest obstacle Verline overcome
Quote
"Wealth means to me is the ability to live a free lifestyle for a long period of time." 
- Verline Davis A lot of people today want to go wide instead of going deep, it's nothing wrong with diversifying because we should, we should have stocks, we should have maybe some crypto, we should have real estate, we should have all of these things, but we should educate ourselves enough in each one of them. - Verline Davis
Connect with Verline!
Website: www.Capitalvsolutions.com
Instagram: https://www.instagram.com/capitalvsolutions/ 
LinkedIn: https://www.linkedin.com/in/capitalvsolutions/ 
___________________________________________
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

How do you make the most out of your exit?  On this Flashback Friday Featured episode, John Casmon shares his journey from working as a W2 corporate employee to becoming an apartment investor. John discusses how he became interested in real estate and how he went from starting out with two properties to owning over a thousand units. John Casmon is a real estate entrepreneur, and he's partnered with Disney professionals to invest in over a hundred million dollars worth of apartments. He also actively is a multi-family investors and he consults them to help them start and grow their business. Have you read Rich Dad, Poor Dad? I would think so like most of the listeners that you have, he explains that, “It helped me think about money differently. You should work a job for skills, not just a salary.” And when you think about that, He was working in corporate America doing advertising and marketing. He remembers when his company shut down, how anxious everybody in the company was. He remembered feeling powerless and he watched a lot of my colleagues lose their jobs. They had multiple rounds of layoffs and one person had been there 22 years and they had planned on being there until they retired. This is an episode chocked full of gems of information that you really need to know! ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [04:25 - 05:36] Who is John Casmon? Transition from working in an office to an investor Surrounding yourself with the right people Making things achievable and attainable for yourself How to scale and grow Saving money to open up different possibilities Saving money to buy property   [05:51 - 08:47] Thinking About Money Differently Getting inspired from a book The importance of real estate Working for a job to get skills and not a salary The importance of Real estate Seeking out to invest in real estate   [08:50 - 13:20] Networking As A Key To Build Portfolios Connecting with people through Networking events Building relationships to understand how to bring on investors Being responsible with your own money Being able to invest with your own money The commitment to give time and energy to find and analyze deals Get them under contract Manage those deals Operate those deals   [15:56 - 19:51] You Want to Make Sure That You Control The Exit Transitioning in the corporate area to learning real estate Shifting your mindset with real estate to doing it on your own Understanding that every investment has risks How do you mitigate those risks? Diversifying your investments Protecting the equity that you’ve created   Key Quotes “You want to make sure that you control the exit. You want to sell when it makes sense for you to sell.” - John Casmon “You have to have nuances to your approach and put the plan together based on that market. Those are the things you're looking at, to understand the market and then finally, you want to make sure that you understand the deal and you want to understand where the business plan is.” - John Casmon “Syndication at its simplest level is just group investing – It's a group of people that come together, pool capital together, so you can go out and buy a property.” - John Casmon   Connect with John LinkedIn https://www.linkedin.com/in/multifami... Instagram https://www.instagram.com/jcasmon/ Twitter https://twitter.com/jcasmon     Let’s get connected! You can find Nicole on LinkedIn

Ep 54 - In today's episode of the Share The Wealth Show, Verline Davis takes us on a journey through her career as a tax brain surgeon, property manager, and real estate investor.  Tune in as she shares her story and provides valuable insights into how she got started in these fields and achieved success.  Vearline Davis is a Tax Strategist who helps clients with Advanced Tax Planning. Her journey began when she purchased several rental properties and was surprised to find out during tax time that she was not considered a Real Estate Professional and had very few write-offs. After years of research and from the experience of her previous CPA, she learned that not all tax professionals are created equal. Verline believes in the power of tax planning and enjoys seeing her clients transform and achieve financial success, and improves their overall well-being because they do not have that added stress running in the background.   Verline's journey is sure to inspire and educate. So sit back, relax, and let's dive into Verline's fascinating story. ________________________________ 15-Min FREE Tax Saving Strategy Session with Verline Davis! https://bit.ly/3wv28FH   FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [01:17 - 12:13] Who is Verline?

• How she got into these fields (Property Management, Tax planning, and Real estate Investing)
• She shares her experience with her previous CPA which gave her a lot of trouble.
• The realization that not all CPAs are alike.
• How she financed her first properties
• Strategy in purchasing properties

[12:14 -19:29] Next Phase of Verline’s Journey

• How she started as Property Manager handling multifamily properties
• How she was hungry to dig in and learn more about the back end of property management on a tax level.

[19:30 - 25:13] Verline as a Brain Surgeon 

• 529 Alternative / 529 College Fund
• Tax Planning
• She teamed up with different CPA’s
• Tax Strategy for W2 employees and start-up business owners

[25:14 - 37:16] Real Estate Professional Status

• Two tests to become RE Professional
• Work and participate 750 hrs a year
• short term rental status

[37:17 - 38:07] Closing Segment

• Watch out for part 2 of our conversation with Verline!

  Quote "I came to the realization, that not all tax professionals or CPAs are created equally." - Verline Davis
  Connect with Verline!
Website: www.Capitalvsolutions.com Instagram: https://www.instagram.com/capitalvsolutions/  LinkedIn: https://www.linkedin.com/in/capitalvsolutions/  ___________________________________________ 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 &...

In today's wealth extraction episode, we discuss the systemic factors that contribute to economic inequality, we also examine how systemic racism has impacted the ability of Black families to accumulate and pass on wealth to future generations. Join us as we explore the complex and often painful legacy of systemic racism in the United States, and its ongoing impact on the lives and livelihoods of Black Americans. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator https://calendly.com/noirvest/themicr... ________________________________   Connect with Portia Wood! Visit the Wood Legal Group website https://www.woodlegalgroup.com/ Follow them on Instagram https://www.instagram.com/woodlegalgr... Facebook https://www.facebook.com/WoodLegalGroup/ Twitter https://twitter.com/woodlegalgroup LinkedIn https://www.linkedin.com/company/wood...   Want to know how Portia can help you? Here are 3 Ways Estate Planning Can Help Close the Racial Wealth Gap https://docs.google.com/document/d/17...   Let’s get connected! You can find Nicole on LinkedIn https://www.linkedin.com/in/nicole-pe... Instagram https://www.instagram.com/nvestornikk... or Facebook https://www.facebook.com/nvestornikki or Visit her website https://noirvestholdings.com

When you die, what are you leaving behind? Leaving a legacy takes planning. In this Flashback Friday Featured episode, we continue our conversation with Edmund Chien on what to do once you’re earning money actively and passively – How do you protect your wealth? And not just in your own lifetime, but for generations to come. Edmund gives tips, tools, terminology, and advice on the fundamental principles of intergenerational wealth.  Edmund Chien has over 15 years of experience managing money for high-net-worth investors, including serving as a senior partner of a private equity firm that managed ½ billion in assets. He is experienced in real estate syndications and was also a licensed stockbroker and life insurance advisor. In retirement, Edmund now focuses on coaching real estate syndicators in client relations. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________ [00:01 - 06:38] Get Money and Then Grow it While You Sleep 
Check out part 1 of my interview with Edmund Chien!
While you’re creating money on an active basis, you need to leverage it passively 
How to make the most of tax breaks and benefits to grow your money
What a PPP (Public-Private Partnership) is and how you can utilize it  [06:34 - 17:14] Advice on Establishing an Estate Plan or Trust
How to turn today’s wealth into an intergenerational legacy
The importance of curating your life and distancing yourself from negative influences around you 
Retirement; having passive cashflow that meets your daily expenses
The 3 phases of wealth building
Why you need Life Insurance 
It’s about protecting your wealth generator, not just your wallet
Why you need living benefits as a young person
[17:15 - 19:58] Using a Trust to Protect the Wealth of the Next Generation
What is the concept of shirtsleeves to shirtsleeves and how do you protect against it? 
90% of family offices fail by the third generation
Create a trust with a holding company
How to find trustworthy advisors to help you build and protect your wealth!  [19:59 - 23:54] Stay Tuned for More!
Why mindset matters more than you may realize! 
Stay tuned for the awesome guests we’ll have on the show  Key Quotes 
“Forming a legacy is the third phase of [wealth]. So the first phase is getting a great job, getting a W2, learning how to make money, and being able to make money. And then the second phase is how to get money to work for you.” Edmund Chien  “There's this phenomenon in society that if you try to better yourself, especially from the people you're surrounded with, the people that are around you will try to drag you back down.” - Edmund Chien  “If you've noticed anything, in all three phases is to be continuously learning and improving your understanding of things.” - Edmund Chien    “One of the misnomers with life insurance is that there are many different ways to use it.  And there are many different types of life insurance.” - Edmund Chien    Connect with Edmund on LinkedIn https://www.linkedin.com/in/edmundchi... and Instagram

Ep 53 - In this episode of the Share The Wealth Show, we welcome back Dexter Jenkins as he expounds on the importance of having multiple streams of income.  He also emphasizes the significance of 💣The SHIP Method (StewardSHIP, OwnerSHIP, and EntrepreneurSHIP) 💣having savings readily available when an opportunity arises as it can lead to generate more income 💣 Develop a strategy for augmenting your current resources and increasing your source of income. 💣Inner and Outer Game of Wealth   Dexter B. Jenkins is a faith-based financial mentor who spent more than two decades in the financial services industry. He is passionate about helping families build generational wealth with easy-to-implement steps. Jenkins inspires and instructs hundreds of people with his podcast, programs, online courses, and books. A popular speaker on the topic of wealth building God’s way, he is an authority on faith and finance. As Senior Pastor of Fellowship Christian Church in Boston and Managing Partner of Dominion Real Estate Holding, LLC, he sensed early in life that teaching financial literacy was his calling. Through what he coins the “SHIP Method,” Jenkins shows people how to get out of debt through stewardship; create a legacy through entrepreneurship, and learn strategies on real estate ownership. There’s no question that his integrity, wisdom, and wealth-building philosophy is a voice needed today. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________ [1:44 - 7:02] Equity out of Properties - Dexter talks about the Dominion Real Estate Holding - He also shares a story of one of his clients, who pulled equity out of properties and used this to acquire more properties. - even without the actual capital to start, you can still get deals by using loans if both parties saw the worth you are investing.    [7:04 - 10:32] SHIP Method - Stewardship is the successful handling of your finances, or the budget or spending plan - Ownership is the assets that they need to create - Entrepreneurship is starting your own enterprise where you are leveraging.  - Good debt VS bad debt   [12:22 - 14:53] Life Strategy - by using the example of building a house, Dexter explains the levels needed to have to form a good strategy in life - the foundation of the house is life insurance, the second level is having a debt elimination plan, the next is having an investment strategy, and the last is having an income generation strategy - He also explains that people should focus on having a strategy to generate more income. - He mentions that most wealthy people don't much think about budgeting, but they think about how to get other streams of income.    [15:45 - 21:33] Save for Opportunities  - the question, "How can I generate more income?" - for him, save money for opportunities.  - when opportunities come, you should always have the cash ready to make more -Nicole explains the Law of attraction when it comes to naming your accounts. calling "savings account" to "investment account", and "emergency fund" is like waiting for emergencies.  - Being there for other people is also one other reason to build your wealth, so that you can help when they are in need.    [22:50 - 34:51] Closing Segment - Diversification is if people do well in any area, they go deep first before they go wide - going deeper until you build competence in one area, then you can branch off to other things.  - Dexter explains what wealth means to him - He also mentions that being wealthy in relationships can also get you what you want - to take his business to the next level is to have more support from people - his question to the next guest is, "What is the biggest challenge they had to overcome in their business?" - how to connect/get in touch with Dexter - the inner...

In this Wealth Extraction Episode, Portia Wood discusses ways to manage inheritances and pass down wealth to future generations in a responsible and fulfilling way. she focuses on a topic that's important to many parents and grandparents: how to keep your kids from squandering their inheritance. Listen now and explore the 
🔥 concept of intergenerational play, which involves creating a collaborative approach to managing inheritances and passing down wealth
🔥 importance of communication, financial education, and creating a family mission statement
🔥 real examples of families who have successfully implemented the intergenerational play approach. Whether you're a parent, grandparent, or someone who wants to ensure that their hard-earned assets are used wisely, this episode is for you.  Join us as we explore intergenerational play and ways to create a lasting legacy for your kids and family.

Do you want to stop working for money and start having money work for you? In this Flashback Friday Featured episode, guest Edmund Chien and Nicole Pendergrass talk all about how he built and managed a $70 million book of business for high-net-worth clients, what he’s learned from coaching and advising millionaires and what it takes to make your first million. All this and more!   Edmund Chien has over 15 years of experience managing money for high-net-worth investors, including serving as a senior partner of a private equity firm that managed ½ billion in assets. He is experienced in real estate syndications and was also a licensed stockbroker and life insurance advisor. In retirement, Edmund now focuses on coaching real estate syndicators in client relations. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks ________________________________ [02:40 - 04:00] Who is Edmund Chien? 
Starting off as a neophyte to pursue excellence
Working as a professional in Broadway productions
Enlisting in the military and becoming a boot camp instructor
Learning how to invest my salary properly
Reading about personal wealth and personal finance
Becoming a full-fledged professional in the industry [05:00 - 07:00] Wealth Management Is Considered As Private Equity
The main focus of the different types of investment brokers
What is considered private equities?
How Venture Capital differs from Private Equity [07:20 - 10:00] Private Equity Gives You A Lot More Control
Downsides of public markets versus open markets
The upsides of private equities
Price to earnings ratios tend to be lower
Buying Assets Privately [10:20 - 15:00] The Hardest Million To Make Is The First Million
Coaching and advising Millionaires
Surpassing your parent's income generation and collection of wealth
Showing respect to your parents when giving advice
Finding great mentors and great coaches to help you Key Quotes  “If you invest and the company fails, you can't foreclose on property. There are no bricks and wood there. And because there's no asset there. It's not considered private equity. It's considered a venture capitalist considered VC because there's very little collateral.” - Edmund Chien “Buy assets privately because you get it at a better price. I'm a value investor so that's my philosophy; I'd rather buy assets at a better price. In public stocks or real estate income trust, you can’t control that.” - Edmund Chien Connect with Edmund on LinkedIn https://www.linkedin.com/in/edmundchi... and Instagram https://www.instagram.com/edmund.chien/ Visit his website

Ep 52 - In today's society, money is often viewed as a means of achieving success and security. However, for those who hold religious beliefs, the pursuit of wealth can sometimes conflict with the teachings and principles of their faith. The intersection of faith and finances is a complex and often a controversial topic that raises important questions about the role of money in our lives.  In this episode of the Share The Wealth Show, Dexter Jenkins shares and explores the tension between building wealth and being holy, and examines how individuals can navigate this intersection to align their financial decisions with their religious values. Dexter B. Jenkins is a faith-based financial mentor who spent more than two decades in the financial services industry. He is passionate about helping families build generational wealth with easy-to-implement steps. Jenkins inspires and instructs hundreds of people with his podcast, programs, online courses, and books. A popular speaker on the topic of wealth building God’s way, he is an authority on faith and finance. As Senior Pastor of Fellowship Christian Church in Boston and Managing Partner of Dominion Real Estate Holding, LLC, he sensed early in life that teaching financial literacy was his calling. Through what he coins the “SHIP Method,” Jenkins shows people how to get out of debt through stewardship; create a legacy through entrepreneurship, and learn strategies on real estate ownership. There’s no question that his integrity, wisdom, and wealth-building philosophy is a voice needed today. ________________________________ FREE Discovery call for The Microfamily Investing Accelerator  https://calendly.com/noirvest/microfamilymavericks  ________________________________   [01:10-06:35] Who is Dexter Jenkins - How he started sharing faith principles and wealth-building at the same time - Having a balanced life - living at the intersection of faith and financial   [06:36-11:36] Building Wealth vs Being Holy - Start with scripture - In Genesis Chapter I: God said Gold is good - Franchise yourself - How can you not be successful financially if you're being productive  - Wealth was seen as wicked while Poverty was seen as being Pious and Holy.

[13:22-16:20] Subconscious Belief - How being raised in the church formulated our subconscious beliefs when we're young - What wealth means in the Bible - Operating subconsciously without even knowing - How these beliefs are holding you back - Questions are teachers and there are two(2) reasons for questions - Money is not the root of all evil but the love of money.   [16:21-20:34] The Great Commandment - Dexter answers the question: Is trying to be wealthy loving money? - What we should love? - Having a RIGHT relationship with money - Money is a receipt of good service - How wealth is created - Some people in the bible like Abraham and Solomon are rich but still have a vibrant relationship with God.   [20:35-26:11] How Dexter integrated and implemented his financial knowledge with teachings in the Church - Dexter shares the Four Pillars of their church - God had a vested interest in you and I being successful - Ways how to integrate Faith and Finances - Some people are born to show the way, how they guide and teach how to do certain things -  [26:12-30:15] Nicole talks about her time when she had to manage her expenses from one paycheck to another, and the steps she took to overcome that situation. - How passionate Nicole is in sharing how to build wealth - Having financial freedom - Nicole shares how she's a bit frustrated because she's trying her best to share wealth but people are still hesitant. - Dexter explains why most people are in a deficit   [30:16-37:25] The Year of Getting Started - Why you should start and take actions - Real estate investing mistake - Importance of having multiple streams of income  ...