The Cashflow Project

Welcome back to The Cashflow Project! Today, we chat with Corey Peterson, CEO of Kahuna Investments, about his journey from single-family flips to multifamily real estate. Corey shares strategic insights on managing student housing through market cycles, the benefits of self-managing properties, and the importance of company culture. He also discusses mindset shifts for financial freedom and offers advice for busy professionals looking to succeed in real estate investing. Tune in for Corey's actionable insights to elevate your financial strategies!

00:00 Discovering real estate investing sparked new inspiration.

04:27 Real estate success requires hard work and management.

07:36 Recognition and attitude drive employee motivation.

11:58 Seek help, bring value, serve investors' return.

14:16 Investors lose half their balance in crash.

18:07 Fired from job, embraced real estate success.

22:29 Licensed broker can't sell unrepresented products.

26:02 Tax strategy enables wealth acceleration and offsets income.

26:53 Reduce taxes, invest more, increase cash flow.

31:23 Respect from cool parents improves relationships.

35:28 Get free book "Trust but Verify"!

37:44 Seek alternatives, ask better questions, learn from experiences.

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In this episode of The Cashflow Project, Tilden Moschetti, a seasoned securities attorney with over 20 years of experience, shares his insights on legal documents, compliance, and business models for fund managers, venture capitalists, and syndicators in real estate investment. Initially pursuing an MBA to enter the real estate field, Tilden eventually became a lawyer to better understand and raise funds for real estate investments. After a decade as a trial lawyer, he transitioned to helping syndicators structure deals and now combines this with his own real estate ventures.

Tilden offers invaluable advice drawn from his extensive experience working with around 100 clients annually, covering topics like conservative underwriting, over-delivering on promises to investors, and navigating market volatility. He also discusses the challenges of increased taxes and insurance in the industry. Whether you're a seasoned investor or just starting out, this episode is filled with practical strategies and insights to elevate your real estate investing game.

[00:00] MBA to real estate, then law school.

[04:14] Acknowledging and admiring industry expertise and empathy.

[08:25] Frequent court experiences provide valuable perspectives.

[11:34] Negotiating win-win situations in various scenarios.

[14:12] Switching to alternative investments for control and growth.

[18:33] Curious about industry trends amidst tax issues.

[21:06] Discussion on market trends and potential solutions.

[25:33] Skilled at making stories compelling for marketing.

[28:35] Tilden Moschetti at law firm thriving.

[29:58] Seek feedback, improve, and take action.

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Welcome back to The Cashflow Project! 🎧✨ Today, we’re thrilled to feature Michael Arries, a seasoned advisor with 25 years in precious metals trading. Dive deep into the world of gold and silver with us, exploring their growing popularity as key investments. Michael shares why these metals are vital for wealth preservation amid economic volatility and global uncertainties. Learn the advantages of physical metals over ETFs and how strategic diversification can boost your wealth.

From gold markets in India and China to gold and silver as currency, this episode covers it all. We also touch on Bitcoin and other alternative assets for a modern investment strategy. Whether you’re hedging against inflation, protecting assets, or diversifying your portfolio, Michael’s insights are invaluable. Don't forget to subscribe, invest in your future with real estate, and join us at our Hawaii Millionaire Mindset Conference. 🌴🚀 Let's dive in!

00:00 Excited to discuss alternative assets and wealth preservation.

03:59 Post-Covid experiences: health, wealth, and markets.

06:39 Gold sales increasing steadily over past 6-7 years.

10:46 Using historical cycles for gain through arbitrage.

14:04 Discussion about digital assets and currency struggle.

16:27 Protecting against inflation with gold and silver.

19:44 Bitcoin - virtual, fast, yet to secure concept.

23:31 Recommend Jim Rickards books and Lord of the Rings.

28:19 Stay updated on real estate through our meetup.

29:30 Meet amazing speakers, life-changing event, take action.

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Welcome to another insightful episode of The Cashflow Project! Today, we have Kris Morin, a seasoned real estate investor with over twelve years of experience. Kris started during the 2009 recession, transitioning from house flipping to multifamily real estate, discovering its stability and scale. Kris shares his journey of reevaluating career goals, building a portfolio of 50 to 60 units, and overcoming misconceptions about residential real estate. We’ll explore the advantages of multifamily investments, the importance of networking and mentorship, and the current challenges in the market, such as rising insurance costs and interest rates.

Kris offers practical advice for busy professionals looking to invest in alternative assets. Tune in for valuable insights and learn how to elevate your real estate endeavors. Don't forget to subscribe, download, and share this episode to help us bring more high-quality guests to the show!

[00:00] Podcast discussing investing for cash flow in real estate.

[05:14] Took break, then bought and traded multifamily.

[06:58] Challenging commercial property transition not always necessary.

[11:09] Connect with diverse groups for business success.

[15:41] Real estate creates more millionaires every day.

[16:52] Becoming more visible and vocal locally takes effort.

[21:57] Unplanned expenses require real-time business adjustments.

[24:48] Long-term stability in real estate leads to success.

[28:11] Connecticut population declining, market shifts to appeal.

[30:49] Skilled in communication, storytelling, raising capital successfully.

[34:31] Consider passive real estate investment in multifamily.

[37:01] Connect with us for real estate investments.

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Welcome to The Cashflow Project! In today's episode, we feature Darcy Marler, a seasoned real estate investor with over 23 years of experience and author of four insightful books on land development and new construction. Darcy shares invaluable advice on persevering through challenging times, focusing on one's strengths, and leveraging operational partners to complement individual capabilities.

We'll delve into Darcy’s unique real estate strategies, such as flipping paperwork and changing zoning regulations, emphasizing value addition without extensive construction. Darcy also highlights the potential for smaller investors to positively impact housing affordability and community development. Tune in as we explore unconventional opportunities, the impact of migration on housing markets, and expert tips on managing rental properties effectively. Whether you're a hands-on investor or looking to make real estate a side venture, this episode is packed with insights to help you navigate the industry successfully.

[00:00] Real estate expert from Canada discusses experience.

[04:13] Consider different real estate strategies based on personality.

[08:41] Dealing with rentals, tenants, property management inefficiency.

[11:02] Buying older property has potential hidden issues.

[14:01] Invest in landlord-friendly areas with good growth.

[17:47] Consider project timeline, costs, and contingencies carefully.

[21:17] Teaching zoning and increasing land value.

[24:15] Diverse real estate strategies based on local markets.

[28:46] Investors can make real impact in housing.

[31:09] Experience from market cycles, adapting strategies essential.

[34:03] Perseverance and resilience in saving horse track.

[37:54] Focus on strengths, partner to supplement weaknesses.

[40:56] Know your strengths, find your best fit.

[42:25] Sign off with encouragement and aloha.

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Welcome back to The Cashflow Project podcast! In this episode, we have the pleasure of speaking with Michella Chiu, the impressive VP of Operations and Marketing a leading global agency. Michella's journey from aspiring history professor to real estate syndication expert is as inspiring as it is instructive. With a rich background in marketing and managing high-stakes projects for global companies, Michella leverages her unique skill set to navigate the multifaceted world of real estate investing. We dive deep with Michella on her transition from residential investments in Seattle to managing multifamily real estate across the nation, and how her storytelling prowess aids in underwriting and analyzing market trends. Get ready for invaluable insights on the importance of hard work, cautious underwriting, and maintaining trust in partnerships. Plus, learn about Michella's personal journey, including her roots in Hong Kong, her academic pursuits, and her advice for aspiring investors. Don't miss this episode packed with wisdom, actionable tips, and encouragement for both new and seasoned real estate investors.

[00:00] Host welcomes guest, requests background information briefly.

[05:23] Real estate investors seek unconventional advantages.

[07:45] Originally wanted to be history professor, switched to marketing utilizing strengths as a historian.

[12:22] High-level organizational structure revolutionizes real estate investing.

[15:59] Learning investment lessons from successful parents is invaluable.

[18:27] Joined mentorship program, found real estate fit.

[22:25] Consider cost of missing out on growth.

[24:25] Started as volunteer, worked hard, gained opportunity.

[29:36] Underwriting trends and market dynamics analysis.

[32:24] Avoid pushing numbers, focus on trust.

[35:32] Be careful with processes and red flags.

[38:11] Took losses, not comfortable, please don't dismiss.

[41:29] Connect at local meetups for mutual growth.

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Welcome back to another insightful episode of The Cashflow Project! Today, we have the pleasure of hosting Kelly Koontz from Sub Meter Solutions. Kelly brings his expertise to the table, discussing the game-changing benefits of using metering systems for leak detection in multifamily properties. He highlights how these systems not only save water but also lower insurance premiums, offering significant advantages for property investors. Together with our host, Steve Fierros, they'll delve into the cost-effective installation processes, the integration of metering data into property management software, and the impact on operational expenses. Plus, Kelly shares practical advice on financial freedom, smart system improvements, and reveals his superpower of galvanizing his team. Stick around as we also touch on upcoming events like the National Apartment Association show and the Hawaii Millionaire Mindset conference. Tune in for a wealth of knowledge and actionable insights that can drive your property management success and overall ROI!

[00:00] Appreciate your help, let's find revenue.

[03:08] Entrepreneur starts business, expands utility services nationwide.

[06:49] Multifamily owners recover utility costs from residents.

[09:50] Residents empowered, owners recover costs, tech benefits.

[15:01] Exciting technology for leak detection saves money.

[17:18] Kelly recommends active leak detection for savings.

[20:57] Identify ROI, provide monthly utility billing service.

[25:04] Recommendations for "Atomic Habits" and "The Demon of Unrest".

[26:18] Leaders of the past still relevant today.

[29:57] Reflect, learn, improve, inspire, connect, strategize.

[33:35] Connect with carrier team, attend local meetups.

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Welcome to another engaging episode of The Cashflow Project! In today's show, we sit down with the inspiring Michael Engram, the founder of Game Changers, a nonprofit in Ohio dedicated to mentoring high school student-athletes. Michael delves into the significant challenges teenagers face and the transformative impact of having reliable adult support and mentorship during these critical years. He shares his journey, from working at Walt Disney Company to launching a national nonprofit, and how his diverse background and personal setbacks led him to create Game Changers.

In this episode, you'll hear about the essential role of community and business involvement in nurturing the next generation, the importance of giving back, and how everyone has a finite time to make a positive impact. Michael also shares insights on leadership, workforce readiness for athletes, and the broader opportunities beyond sports. Listen in as Steve and Michael discuss their shared service background, the necessity of forging your own path, and the power of stepping out of your comfort zone to create lasting change. Plus, don't miss the rapid-fire segment where Michael reveals his book recommendations and the superpowers he believes drive his mission. Join us for this thought-provoking conversation and learn how you, too, can be a game changer.

[00:00] Mike's academic and career journey, founding Game Changers.

[04:56] Encouraging young people to strive for excellence.

[08:16] Athlete work ethic essential for high schoolers.

[10:14] Mentoring helped me despite a broken background.

[13:56] Balancing personal expenses while giving back.

[18:20] "Reflecting on past experiences, priorities, and support."

[21:46] Moving offers new opportunities, overcoming mental barriers.

[24:40] Avoid living in regret, trust in yourself.

[29:42] Rich Dad, Poor Dad book fosters understanding.

[32:08] Self-reliance and responsibility for youth outreach.

[36:05] Leadership summit focuses on programming, workforce readiness.

[37:28] Encouraging young people for future success and opportunities.

[40:58] Life-changing content, see you next episode.

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Welcome to the latest episode of "The Cashflow Project"! Today, we're excited to have Stewart Heath, a seasoned financial expert and real estate investor, join us. Stewart's expertise in fractional CFO services and commercial asset investments makes him a goldmine of knowledge for aspiring investors.

In this episode, Stewart shares the importance of leveraging other people's skills, understanding your own bandwidth, and hiring quality property managers. We’ll explore the nuances of multifamily properties, the challenges of transitioning from residential to commercial real estate, and lessons from Stewart's decades of experience. Don't miss this enlightening conversation on "The Cashflow Project"!

[00:00] Fascination with inherited timber leads to career.

[06:02] Significant mindset shift, embracing change and growth.

[08:14] Seeking wealth, diving into real estate ventures.

[10:33] Controlled property management led to challenges and rewards.

[13:38] Transition from single to commercial properties, advantages.

[16:22] Retail faced struggles in 2020, but rebounded.

[21:18] Choose tenants wisely to avoid costly mistakes.

[23:13] "Avoid being an accidental landlord to succeed."

[27:44] Highly recommend the transformative and practical book.

[30:21] Neglecting reserves led to a major setback.

[32:28] Maintain reserves for market downturns and opportunities.

[37:05] Stuart Heath discusses financial expertise and leveraging others.

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Welcome back to The Cashflow Project! In today's episode, we're joined by Parker Pursell, CEO of EQRP, as he shares his inspiring journey from a rural upbringing to leading in self-directed retirement planning. From his roots in family business to navigating challenges during the pandemic, Parker's story emphasizes the importance of seizing opportunities and taking control of financial futures.

Join us as we delve into Parker's insights on financial empowerment, self-directed retirement accounts, and his unique 'restorator' approach to business and life. With book recommendations and actionable advice, this episode offers a wealth of resources for anyone seeking to enhance their financial literacy and personal growth.

[00:00] Creative sales strategy, successful with high conversion.

[03:57] Worked near naval base, learned to serve.

[06:51] Transitioned from various jobs to company leadership.

[09:35] Learning, adapting, taking action - continuous improvement.

[15:58] Advocacy for hard assets as protection from inflation.

[18:20] System limits choices; people seek comfort elsewhere.

[20:32] Different financial situations require strategic planning for retirement.

[23:45] Creative ways to invest and strategize effectively.

[29:05] Prioritize values and self over worldly success.

[32:12] Seize financial opportunities with self-directed IRA. Visit tricityequity.com.

[33:44] July 10-13. Share, review, improve, learn, action, vision.

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