They didn't have $200 for diapers, let alone a down payment — and a decade later they own 50 rental properties. Brandon and Chessie Hollibaugh share exactly how they climbed out of $50,000 in credit card debt on a Navy paycheck and built a real estate portfolio using creative financing and almost none of their own money, including the two deals that nearly took it all back.

In this episode:
- How Brandon closed his first wholesale deal in 29 days with just $100 and some plastic signs
- The difference between "broke" and "poor" — and why the distinction changed everything
- Why a $600 check meant more than the $34,000 they made the next month
- The Fourth of July phone call that convinced Brandon to leave a stable law-enforcement pension
- How to use seller financing, capital stacking, and lease-purchase options to buy with little or no money down
- The "silver tsunami" of retiring landlords selling entire portfolios — and how to be first in line
- The $500,000 flip they bought sight-unseen, and the rule they'll never break again
- How to invest out of state without getting burned by inspectors who miss major problems
- Why sharing profits and treating real estate as a team sport made them more money, not less
- How to design a business around your life instead of drowning in 16-hour days

Resources & links:
B&C Real Estate Solutions
IG ➡︎ Brandon Hollibaugh
Their $1,000 finder's fee / bird-dog referral program
"Broke vs. poor" mindset, referenced from Robert Kiyosaki

CONNECT WITH THE BROKE MILLIONAIRES!
IG ➡︎ @thebrokemillionaires_
Tik Tok ➡︎ @thebrokemillionaires
➡︎Skool Community: Free to Join
Newsletter: Subscribe

Subscribe and Listen to The Broke Millionaires Podcast HERE:
➡︎YT: @TheBrokeMillionairesPodcast
➡︎Apple
➡︎Spotify

This podcast is for informational purposes only and does not constitute financial, legal, or tax advice. Consult a licensed professional before making any investment decisions.

Compounding is the real engine behind almost every dollar of wealth we've built — and it's the one strategy most people give up on too early. In this episode we break down how we stack it across real estate, knowledge, and long-term investing to build wealth on an everyday income. The hardest part isn't the math — it's the one uncomfortable habit that makes compounding actually work.

In this episode:
- Why compounding — not a bigger paycheck — is what actually builds wealth
- Five different ways to compound a single real estate deal at the same time
- How we built nearly $3 million in equity in 5 years, starting from ~$230K
- The three types of appreciation (market, inflation, forced) and which you control
- Why we're not fans of the traditional 401(k) — and what we do instead
- The "lifestyle vs. assets" trap that quietly keeps high earners broke
- How buying knowledge (mentors, coaching, options) fast-tracks your growth
- The Coverdell ESA + 529 "college house-hack" that pays tuition with tax-free dollars
- Why patience — not income — is the real reason most people never build wealth
- The time we had to pull from our retirement accounts — and why we'd do it again

Resources & Links:
- The Broke Millionaires community on Skool (search "The Broke Millionaires" on SKOOL.com) + weekly live Q&A calls
- Episode 47 with Kam Dasani — options trading program with ex-Goldman Sachs traders
- Amanda Han — real estate tax strategist referenced for tax mitigation
- Strategies discussed: Coverdell ESA & 529 college plans, forced appreciation, depreciation

CONNECT WITH THE BROKE MILLIONAIRES!
IG ➡︎ @thebrokemillionaires_
Tik Tok ➡︎ @thebrokemillionaires
➡︎Skool Community: Free to Join
Newsletter: Subscribe

Subscribe and Listen to The Broke Millionaires Podcast HERE:
➡︎YT: @TheBrokeMillionairesPodcast
➡︎Apple
➡︎Spotify

This podcast is for informational purposes only and does not constitute financial, legal, or tax advice. Consult a licensed professional before making any investment decisions.

Follow us on Instagram: @thebrokemillionaires_

We own $7 million in real estate — and just got turned down to rent a modest home. If you've ever felt like you're building something real but can't prove it on paper, this episode is for you. We're sharing the raw truth about selling two properties, pivoting a 10-year business, moving with no destination, and what it actually takes to push through when the breakthrough feels invisible.

What You'll Learn:

• Why asset-rich investors often can't qualify for rentals — and how to handle it
• The tax strategy behind selling appreciated properties (cost segregation + bonus depreciation)
• How to know when to pivot a business vs. keep grinding
• Why hard work alone doesn't build wealth — and what does
• The mindset framework for surviving the "dark before the dawn" season
• How to redeploy equity strategically without a massive tax bill
• Why April is the best time to list real estate in most markets
• How the co-hosting model fits into a real estate professional tax strategy
• The importance of a support system that's honest, not just encouraging
• Why sometimes selling is the smartest build move you can make

Resources & Links:

CONNECT WITH THE BROKE MILLIONAIRES!
IG ➡︎ @thebrokemillionaires_
Tik Tok ➡︎ @thebrokemillionaires
➡︎Skool Community: Free to Join
Newsletter: Subscribe

Subscribe and Listen to The Broke Millionaires Podcast HERE:
➡︎YT: @TheBrokeMillionairesPodcast
➡︎Apple
➡︎Spotify

This podcast is for informational purposes only and does not constitute financial, legal, or tax advice. Consult a licensed professional before making any investment decisions.

Follow us on Instagram: @thebrokemillionaires_

Your equity might be your biggest liability. In Episode 52, we pull back the curtain on the exact strategy we're using to sell properties, eliminate tax bills using bonus depreciation, and redeploy trapped equity into multiple cash-flowing assets — all while AI quietly replaces the humans doing these deals. If you've ever wondered whether holding your appreciated property is actually costing you money, this episode will change how you think about your portfolio forever.

What You'll Learn:

• Why a doubled-in-value property may be your worst-performing asset
• How to calculate Return on Equity and why it matters more than cash flow
• The bonus depreciation strategy that legally eliminates capital gains tax
• How to combine 1031 exchanges with bonus depreciation for tax-free cash
• Why AI is already closing real estate deals with zero human involvement
• The assumable mortgage strategy almost no buyer is using
• When it makes sense to sell — and when it absolutely does not
• How the Big Beautiful Bill changed the entire tax planning game
• The equity velocity stack: how to turn 1 property into 3
• Why the next few years may be your last best window to build real wealth

Resources Mentioned:

• Skool Community: https://www.skool.com/brokemillionaires/about
• Dan Martell: @danmartell

⚠️ Disclaimer: This podcast is for educational and informational purposes only and does not constitute financial, legal, or tax advice. Always consult a licensed CPA, attorney, or financial advisor before making any investment decisions.

Join our FREE Broke Millionaires Skool community for weekly Office Hours Call where we break down podcast episodes and apply them to your real-life situation. skool.com/brokemillionaires

What if everything you've been told about getting rich through real estate is wrong? Cory Jacobson of Wealth Juice — who started with $25K and a house hack while earning $35K/year at the Philadelphia 76ers — reveals why cash flow is NOT the goal, how he turned a $40K investment into $160K in 4.5 years, and the exact strategy he uses to build wealth through equity exits, mid-term rentals, and 5–20 unit multifamily deals that institutions overlook.

Key Takeaways:

• Cash flow is a defense mechanism — equity is where the real money is made
• The 1% rule still works in markets like Indianapolis, Detroit, and Augusta
• House hacking is still the #1 starting strategy for anyone without kids
• Out-of-state investing forces you to build systems and remove emotion
• The 5–20 unit multifamily space is a blind spot for institutional capital
• You can own properties you've never visited — boots on the ground is the key
• With $20K, you can either house hack or buy in a lower-cost market
• Analysis paralysis is more exhausting than actually buying your first deal
• Good insurance isn't optional — it's what saved Corey when a property caught fire
• Patience over 5–7 years is the single most important skill in real estate

Resources & Links:

• Connect with Cory on Instagram: @WealthJuiceOfficial
• Wealth Juice Podcast: Available on Spotify & Apple Podcasts
• YouTube: Search "Wealth Juice"
• Mentorship/Inner Circle: DM @WealthJuiceOfficial on Instagram

Join our FREE Broke Millionaires Skool community for weekly Office Hours where we break down episodes and apply them to real life.

Instagram: @thebrokemillionaires_

Newsletter: https://tinyurl.com/yfzjfeyj

LEGAL DISCLAIMER:

This podcast is for informational and entertainment purposes only. Nothing discussed constitutes financial, legal, tax, or investment advice. Always consult a licensed professional before making financial decisions. The hosts are not financial advisors and results discussed are not typical.

Join our FREE Broke Millionaires Skool community for weekly Office Hours Call where we break down podcast episodes and apply them to your real-life situation. skool.com/brokemillionaires

They own multiple properties, have a waitlist of tenants, and once turned down a six-figure Airbnb booking — and they're still checking their bank account before grocery shopping. In Episode 50, the Broke Millionaires pull back the curtain on the season nobody talks about: when your assets are growing but your personal cash flow is painfully tight. If you're building something real, this episode will make you feel less alone — and a lot more strategic.

WHAT YOU'LL LEARN:

• Why they're considering selling one property — but only at a record-breaking number
• How to legally eliminate a $150,000 capital gains tax bill using a 1031 exchange and bonus depreciation together
• The honest post-mortem on a cannabis real estate syndication that's losing 80% of the investment
• Which syndications worked (Grant Cardone) and which didn't — and why they stopped doing them
• The Coverdell ESA + options trading strategy for funding private school tuition K–12 with tax-free dollars
• How co-hosting short-term rentals became their financial lifeline during a down business season
• The real lifestyle cost of a financial rebuilding season — weddings missed, vacations skipped, and what it does to a marriage
• Why goal alignment and faith are the actual foundation of a strong partnership during hard financial seasons
• How they still travel for free using home exchange and credit card points even when cash is tight
• Why they document the journey in real time — not five years later when everything looks easy

RESOURCES & LINKS:

• Broke Millionaires Community on Skool: skool.com
• Weekly Live Q&A: Thursdays at 4:00 PM Pacific
• Kam Dasani Options Trading Episode: YouTube
• Luke's Bonus Depreciation Episode: YouTube
• Home Exchange: homeexchange.com
• American Express Travel Points: americanexpress.com/travel

LEGAL DISCLAIMER:

This podcast is for informational and entertainment purposes only. Nothing discussed constitutes financial, legal, tax, or investment advice. Always consult a licensed professional before making financial decisions. The hosts are not financial advisors and results discussed are not typical.

Join our FREE Broke Millionaires Skool community for weekly Office Hours Call where we break down podcast episodes and apply them to your real-life situation. skool.com/brokemillionaires

What happens when a fully permitted, ground-up rebuild in one of California's most in-demand neighborhoods stops making financial sense to hold — and selling it could generate up to $800K tax-free? In Episode 49, we pull back the curtain on the exact strategy we're exploring to make that happen, plus the creative finance scandal making national news, the hidden IRS tax trap destroying sellers in 0% seller-finance deals, and a $2,000 education savings strategy that could fund years of private school tuition completely tax-free.

What You'll Learn:

• Why irresponsible sub-2 investors are causing innocent sellers to face foreclosure — and what ethical creative finance looks like
• The IRS imputed interest rule creating hidden tax bills in 0% seller-finance deals
• How bonus depreciation (back for 2026) can legally eliminate a six-figure capital gains tax bill
• Why we didn't sell last year — and why this summer may be the right window
• What a cost segregation study is and how to use it to turn tax liability into new investment properties
• The honest math behind a property that barely cash-flows despite renting for $13,500–$15,000/month
• The Coverdell ESA strategy: how $2,000 could fund 12+ years of private school and college tuition tax-free
• How HostShare and Home Exchange funded a family snow trip for nearly free
• Why we shifted from equity-building to cash-flow-focused investing — and what that means for our next moves
• The free School community we're launching: weekly office hours, Q&A, and deeper dives on every episode topic

Resources & Links:

• HostShare: hostshare.co
• Home Exchange: homeexchange.com
• IRS Applicable Federal Rates (Imputed Interest): irs.gov/applicable-federal-rates
• Coverdell ESA Overview: irs.gov/coverdell-esa
• Free School Community: skool.com/brokemillionaires
• MTR Summit: midtermrentalsummit.com

Join our FREE Broke Millionaires Skool community for weekly Office Hours where we break down episodes and apply them to real life.

Instagram: @thebrokemillionaires_

Newsletter: https://tinyurl.com/yfzjfeyj

Legacy Wealth Builder: bmlegacywealthbuilder.com
(Info + schedule a call)

Legal Disclaimer:

This podcast is for informational and entertainment purposes only. Nothing discussed constitutes financial, legal, tax, or investment advice. Consult a licensed CPA, financial advisor, or attorney before making any investment or tax decisions. Real estate investing involves risk, including potential loss of capital.

Join our FREE Broke Millionaires Skool community for weekly Office Hours Call where we break down podcast episodes and apply them to your real-life situation. skool.com/brokemillionaires

In this episode, we sit down with Lorenzo Mercado—a pediatric nurse turned real estate investor and podcast host—who shares the real side of building wealth while still working a full-time job.

From losing money on flips… to pivoting into boutique hotels… to raising capital and building in public—this episode breaks down what it actually takes to level up in real estate.

If you’ve ever felt like you’re doing everything right but nothing is working yet… this one will hit.

What We Cover

•  What beginners completely misunderstand about real estate 
•  Lorenzo’s first deal (and how he lost ~$30K) 
•  Costly mistakes: permits, timelines, title issues, and bad assumptions 
•  Why flipping can be riskier than people think 
•  Why Lorenzo walked away from flipping entirely 
•  How hotels create value differently than single family homes 
•  The power of NOI vs. comps in commercial real estate 
•  Raising capital and building deals through relationships 
•  Why consistency beats everything (especially early on) 
•  When to stay focused vs. when to pivot 
•  Hiring, leverage, and buying back your time 
•  Building wealth while working a W2 job 
•  Using your network (even your day job) to unlock opportunities 

Key Takeaways

•  “Safe” thinking (no debt, pay everything off) keeps you stuck 
•  Most people don’t fail—they just wait too long to start 
•  Real estate isn’t easier or harder now—it’s just different 
•  Flipping margins are thin unless you control the deal flow 
•  Commercial real estate = controllable value (not comps) 
•  Consistency for 3–5 years is non-negotiable 
•  You don’t need to quit your job to build wealth 
•  The fastest growth comes from taking imperfect action 

Real Talk Moments

•  Losing money on deals doesn’t mean you’re failing—it means you’re learning 
•  “Building in public” comes with pressure—but also opportunity 
•  Waiting is the most expensive mistake in real estate 
•  You can’t learn your way into success—you have to act 

 Books Mentioned

• Rich Dad Poor Dad
• Set for Life – Scott Trench 
• The Surrender Experiment

🔗 Connect with Lorenzo

•  Instagram: @lorenzo.mercado_ 
•  Podcast: The Lo-down

Final Message

If you’re stuck consuming content and waiting for the “right time”…
 this is your sign:

Just start.

You’ll learn more from one deal than 100 podcasts.

Join our FREE Broke Millionaires Skool community for weekly Office Hours where we break down episodes and apply them to real life.

Instagram: @thebrokemillionaires_

Newsletter: https://tinyurl.com/yfzjfeyj

Legacy Wealth Builder: bmlegacywealthbuilder.com
(Info + schedule a call)

Join our FREE Broke Millionaires Skool community for weekly Office Hours Call where we break down podcast episodes and apply them to your real-life situation. skool.com/brokemillionaires

Most people try to preserve wealth before they even have it. In this episode, Kam Dasani reveals why he quit his $250K Silicon Valley job to become a full-time options trader—and how his copy-paste swing trading system helps busy professionals accelerate wealth faster than any 401k or index fund.

We break down:

• Why 401ks and index funds keep you stuck
• The 45-second options trade anyone can do
• How swing trading beats day trading for busy people
• The #1 mistake new traders make (and how to avoid it)
• How to copy ex-Wall Street traders’ moves
• Why Kam’s mom still thinks his success is “fake”
• Is this better than real estate or crypto?

Kam shares real results, risk management tips, and how you can start with just $5-10K—even if you’re a total beginner. If you want financial freedom, location flexibility, and a proven system for building wealth, this episode is for you.

Resources & Links:

• Free Trial Discord: https://discord.gg/TKrdXJ4JWn
• Follow Kam on instagram: @profitwithkam
• Book: Laughing at Wall Street by Chris Camillo

Join our FREE Broke Millionaires Skool community for weekly Office Hours where we break down episodes and apply them to real life.

Instagram: @thebrokemillionaires_

Newsletter: https://tinyurl.com/yfzjfeyj

Legacy Wealth Builder: bmlegacywealthbuilder.com
(Info + schedule a call)

Disclaimer:
This episode is for informational purposes only and is not financial, tax, or legal advice. Options trading involves risk and may not be suitable for all investors.

Join our FREE Broke Millionaires Skool community for weekly Office Hours Call where we break down podcast episodes and apply them to your real-life situation. skool.com/brokemillionaires

What if the biggest thing holding your business back… is you?

In this episode, Justin Lund joins us to break down the real reason founders get stuck, overworked, and secretly trapped—even after hitting 7 figures.

The problem isn’t lack of effort.

It’s hiring in the wrong order.

Justin explains why hiring isn’t about scaling your business—it’s about buying back your time so you can pull bigger levers.

We unpack:

• The biggest lie entrepreneurs believe about scaling
• Why founders avoid hiring at the core
• How to calculate your true hourly value
• The cost of inaction vs. the cost of hiring
• Why your business collapses when you take a vacation
• The 2 types of problems in life and business
• The most expensive hiring mistake founders make
• How to build rhythms and routines around finances
• Balancing ambition with marriage and young kids

Justin also shares a powerful personal story about losing millions due to poor financial oversight—and the systems he now uses to protect himself and his clients.

If you’re rebuilding, scaling, or feel like your business can’t survive without you… this episode will shift your perspective.

Key Takeaway:
Hiring the right way gives you time back.
Time back lets you pull bigger revenue levers.
Bigger levers create freedom and enterprise value.

Books Mentioned:

• Buy Back Your Time – Dan Martell
• How to Win Friends & Influence People – Dale Carnegie
• Getting Things Done – David Allen

Connect with Justin on Instagram to learn more about buying back your time and building a business that works without you.

Instagram: instagram.com/itsjustinlund

Join our FREE Broke Millionaires Skool community for weekly Office Hours where we break down episodes and apply them to real life.

Instagram: @thebrokemillionaires_

Newsletter: https://tinyurl.com/yfzjfeyj

Legacy Wealth Builder: bmlegacywealthbuilder.com
(Info + schedule a call)

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