In this new episode, we are delighted to introduce our special guest, Jeff Niemeier, a true industry expert with a diverse range of roles. Not only is he the charismatic host of the popular show 'Student of Money,' but he also holds the esteemed position of Managing Principal at JB Capital Management. Jeff generously imparts his wealth of knowledge regarding the crucial importance of professional development in securing a strong financial future.

Throughout our engaging discussion, Jeff takes us on a personal journey, sharing his own experiences and moments of enlightenment. He vividly illustrates how Robert Kiyosaki's renowned masterpiece, 'Rich Dad, Poor Dad,' has profoundly shaped his perspective on the subject of wealth.

One standout moment in our conversation is when Jeff underscores the significance of focus and the importance of aligning with the values of potential investors to cultivate enduring and successful investment partnerships.

It's an interview filled with valuable insights for anyone interested in the real estate industry and financial well-being.


Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
✅ Youtube → https://tinyurl.com/2p8fx5ut

Let’s Stay Connected

✅ LinkedIn →  https://tinyurl.com/3uuv3dt5

Connect with Jeff Niemeier

✅ LinkedIn → https://www.linkedin.com/in/jeff-niemeier-4987319/
✅ Website → https://www.studentofmoney.org/

Time Stamps

[00:01:03] Introduction to Rich Dad, Poor Dad
[00:05:41] Real estate as a college investment
[00:09:51] Creative financing options for real estate
[00:12:55] Cash flow and rental property
[00:16:40] Controlling leverage and debt
[00:19:07] Asset protection and liability
[00:23:10] Syndication and investor trust
[00:26:31] Buy and hold investment strategy
[00:29:55] Tokenization of real estate
[00:33:40] Real estate syndication regulations
[00:39:19] Building a winning team
[00:42:10] Learning from others in real estate
[00:46:33] Capital stack using debt and equity
[00:48:46] Niche lawyers and expertise
[00:51:34] Community banks and lending limits
[00:55:21] Reciprocity and helping others

Quotes
 
"Learn how to use OPM, other people's money."
 
"I tell people all the time, it's not how much money you make, it's how much money you save and then reinvest."

"I always tell my people that I when I gave my masterminds and the people that I advise or come ask me, I always tell them debt is a double edged sword and it'll take you down."
 
"So that's what I call a good deal, because that's what a bank wants to see. If they're going to finance something, they want to know that it's already rented and you have cash flow coming in."

"You make your money when you become laser focused."

"I've had people that had slip and falls."

"You need to be doing business with the community lenders, with the credit unions, with the local guys that you can sit down and build a relationship with because this is exactly what happens with the big guys is you're just a number to them."

"I love to sit down with people, sponsors or partners, all of them, and build genuine relationship."

"The advantage is there is, is you can do you do advertising to the public and you can bring up to 500 non-accredited investors on that."

"Find some really good people and then get out of their way."

"They will eventually this whole thing reciprocity."

#thepathtowellth #realestateinvesting

In this episode, it's my pleasure to engage in an insightful conversation with Brent Ritchie, the Founder and President of EnRitch Investment Group Inc. We talk about venturing into real estate investing and the pivotal concept of prioritizing gains over gaps in life and explore the idea of cultivating gratitude for what we have while concurrently embarking on a journey of personal and professional growth. Throughout the interview, Brent skillfully draws upon the wisdom found within "The Gap and the Gain," a book authored by Dr. Benjamin Hardy and Dan Sullivan and also highlights the importance of being part of community of like-minded individuals and joining conferences for continuous learning.

Brent Ritchie has a career spanning over 18 years and cultivated extensive expertise in the fields of engineering, construction, and project management within the real estate and infrastructure domains. Notably,  he has presided over the ownership, operation, and management of a portfolio encompassing over 3000 apartment units, with a collective valuation surpassing $300 million.

Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
✅ Youtube → https://tinyurl.com/2p8fx5ut


Let’s Stay Connected

✅ LinkedIn →  https://tinyurl.com/3uuv3dt5


Connect with Brent Ritchie

✅ LinkedIn →  https://tinyurl.com/2p8skvhm
✅ Website → https://tinyurl.com/4r3cja9y


Time Stamps

[00:01:12] Living in the future
[00:04:34] Hard work on the farm
[00:09:32] Venturing into multi-family real estate
[00:13:06] Motivation for change
[00:18:03] Being intentional and enjoying life
[00:22:29] Adding additional teammates and team members
[00:26:03] Value of masterminds and conferences
[00:31:01] Mental diarrhea and success
[00:34:44] Building systems and processes
[00:39:48] Shifting mindset in inner cities


Quotes

"Instead of climbing the ladder, want to own the ladder."

"it's almost like that matrix, you know, green pill, red pill, I think it's the one"

"I didn't want to be the one on the receiving end of, hey, my toilet's broken, you know, what do I do?"

"That's inspiring, you know, to be able to leave your W-2 behind, to leave the journey behind that so many people are on and they're treading it, but they might not have the willingness or the pain wasn't big enough."

"It's like a zigzag, that's the beautiful journey of life."

"We want to emulate somebody that has the results we want, right? If somebody doesn't have the results we want, but they're given advice on the subject, they haven't been there, right?"

"I think the mindset is really one of the most interesting components of success because it's really about how to handle your own mental diarrhea at times."

"And overall, I think that the price of giving into that insecurity is like so far worse than just not caring too much about it, you know, and just like taking strides in life."

"Exactly. It's not like we, we were not, I was not born with the silver spoon and, and by all mean, kid that grew up on a farm and in rural Ontario, Canada. So, if I can do it, you can definitely do it too."

 "You are your limitation of success."

#thepathtowellth #realestateinvesting #realestate #mindset #financialfreedom 

In this episode of The Path to Wellth, I had the privilege of interviewing Chris Galizio, a certified financial analyst and the visionary behind Focused Capital. Throughout our conversation, Chris graciously shared his profound insights into alternative investments and portfolio management, drawing upon his extensive journey as a seasoned portfolio manager.

What truly piqued my interest was Chris's discussion about his upcoming film, "Money Game," a project close to his heart. Through this cinematic endeavor, he sheds light on the prevailing emphasis on price, often overshadowing the crucial aspect of value within the intricate tapestry of financial markets.

This episode opened a window to valuable perspectives, not only for me but for fellow investors and professionals as well. As we navigate the ever-shifting landscape of the financial world, Chris's expertise and revelations offer a compass to steer through the complexities and make informed decisions.

Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
✅ Youtube → https://tinyurl.com/2p8fx5ut


Let’s Stay Connected

✅ LinkedIn →  https://tinyurl.com/3uuv3dt5


Connect with Chris Galizio

✅ LinkedIn →  https://tinyurl.com/4tkehuym
✅ Website → https://tinyurl.com/p3jdhyp7

Check out Chris Galizio's Money Game Film

https://tinyurl.com/m9madzz7

Time Stamps

[00:02:32] Capitalism requires risk to allocate scarce resources
[00:05:33] The ecosystem and cryptocurrencies
[00:08:06] Passive investing and market prices
[00:11:00] Fiat currency and its consequences
[00:14:21] The biggest transfer of wealth
[00:17:40] Entertainment in the classroom
[00:23:30] Authoritarian dictatorship during economic collapse
[00:25:06] Price vs. value in technology
[00:27:33] German economy and aging population
[00:33:04] Lumber prices and import regulations
[00:35:05] Shift of power in world reserve currency
[00:38:23] Negative interest rates and theft
[00:42:10] The broken financial system
[00:45:12] Fixing the broken system

Quotes

"Price is what you pay. Value is what you get."
 
"if interest rates go negative, all assets are worth infinite."
 
"To which the professor says the biggest quote in the entire movie, correct."

"The machines saw Delhi in New Jersey trading at $10 million."
 
"It comes down to Lord Acton had a quote, that the history always comes down to a battle between people and the banks."
 
"My coffee goes from $3 to $30 and all of a sudden everyone blames the capitalists and turns to an authoritarian leader like Hitler to save them."

"That's why I say money game will timestamp the biggest currency shift in history."
 
"If passive ever gets bigger than active, you'll have chaos and catastrophe or markets will fail."

"Imagine reintroducing a herd of lions back into the savanna after the gazelle population had exploded. Well, they will slaughter the population and blow their own population. The lion is in balance again."
 
"Buy real assets. They've never been cheaper."

"On Wall Street, they call that negative interest rates. On Main Street, they call it theft."

 "Their job is to create inflation."

"This system right now is broken and unfair."

#thepathtowellth #investing #financialmarket #realestateinvesting #passiveinvesting #investingpodcast #moneygame #financialanalyst #capitalism 

In this brand new episode of the Path to Wellth podcast, I interview Schuyler Cadwalader, the founder and managing partner of UpWealth Capital.

Drawing from his architectural background, Schuyler offers a distinct outlook on the realm of multifamily investing. He unveils his journey's progression from architecture to his immersion in the real estate investment domain. Schuyler delves into his pivotal responsibilities at UpWealth Capital, encompassing underwriting, deal analysis, due diligence, and steering the company's expansion and direction. Furthermore, he adeptly oversees a personal assortment of multifamily properties and has played a key role in real estate transactions totaling over $60 million. Schuyler is unwavering in his commitment to aiding medical professionals in constructing passive income streams via multifamily real estate ventures.

Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
✅ Youtube → https://tinyurl.com/2p8fx5ut


Let’s Stay Connected

✅ LinkedIn →  https://tinyurl.com/3uuv3dt5


Connect with Schuyler Cadwalader

✅ Email →  [email protected]
✅ LinkedIn → linkedin.com/in/gscadwalader/
✅ Instagram → @schuyler_UWC
✅ Twitter → @schuyler_UWC


Time Stamp

[00:01:28] Transitioning into real estate
[00:04:14] Longing for design and architecture
[00:08:26] The reality of being a doctor
[00:10:37] Upgrading as a financial trap
[00:13:37] The cost of owning a boat
[00:18:00] Architectural design in real estate
[00:21:38] Architects and project management
[00:23:28] Speed in real estate development
[00:26:39] Private real estate investments
[00:30:11] Saving vs. investing mindset
[00:34:38] Multifamily as a wealth builder
[00:37:08] Investing and market performance
[00:40:47] Balancing priorities and obligations


Quotes

"I don't know what I want more to design houses like this or to live in a house like this."

"It's the gift that keeps taking."

"I do also subscribe to the idea that a house is not necessarily an asset."

"And I think as a real estate investor, the smart thing to do is not to get too into the design aspect of it and let your numbers do the talking."

"Yeah, that's probably actually the biggest benefit of being an architect."

"And I do think speed is probably an undervalued part of that."

"And so I guess what I mean is there can be a lot of pain in the system without a lot of signal that it's happening."

"Oftentimes I try to tell people that there's a very good chance that your LPs are smarter than you."

"You always got to zoom out and look at that multi-decade picture."

"It's one of the things I love about multifamily is you have to have it. It doesn't go out of style. You don't get the new iPhone, which makes the iPod irrelevant. Right. Where it's just like everyone needs a roof over their head."

 "EYou know, even as an LP investor, if you can find a good general partner, a good operator who has a good head on their shoulders and they've done this a lot of times, they rinse and repeat. And this is what they do."

 "And so right now, being a good dad is kind of number one, making sure that I check that box, because if I if I drop that ball, then nothing else really mattered."

#thepathtowellth #realestateinvesting #realestate #multifamilyinvesting #multifamilyinvestor #passiveinvesting #passiveinvestor #podcast #realestatepodcast #medicalprofessionals #architecture #careertransition

In this brand new episode of The Path to Wellth, I had the pleasure of interviewing Dan Lewkowicz, a seasoned real estate veteran and the esteemed Senior Director of Lewkowicz Group. Our discussion delves into the present real estate market landscape and effective strategies for navigating challenging times. Dan emphasizes the significance of concentrating on the fundamentals and taking charge of our actions, independent of external market influences. He openly imparts his personal strategies for success, emphasizing the crucial role of networking in achieving successful transactions, along with dedication, determination, and a proactive approach to making things happen, regardless of the prevailing circumstances.

Tune in for invaluable insights on excelling in the dynamic world of real estate.

Enjoy this episode on your preferred podcast platform!

✅ Apple →  https://tinyurl.com/mrxf2294
✅ Youtube → https://tinyurl.com/2p8fx5ut

Let’s Stay Connected

✅ LinkedIn →  https://tinyurl.com/3uuv3dt5

Connect with Dan Lewkowicz

✅ LinkedIn → https://tinyurl.com/2h63jdh8
✅ Website → https://tinyurl.com/txwxekjx

Time Stamps

[00:01:33] Real estate market conditions
 [00:06:00] Role models and motivation
[00:09:23] Entrepreneurship and business
[00:10:51] Building assets for freedom
 [00:15:21] Realizing the need for change
[00:18:47] The fragility of deals.
[00:23:05] Vetting serious buyers
[00:24:27] Ethnic nuances in real estate
[00:28:09] Decrease in transactional volume
[00:32:45] Opportunity in vacant office buildings
[00:34:19] Commercial real estate opportunities
[00:38:41] Building relationships with clients
[00:40:34] Gender disparity in real estate
[00:45:26] Real estate knowledge sharing
[00:48:29] The power of sharing

Quotes

"It really doesn't matter because we can't control the market."

 "The more work we put in, the luckier we tend to get."

"Success is not a choice for me."

"So I feel like I'm trying to beat the system."

 "It's possible to build an empire."

 "There's a certain freedom that comes with the understanding that someone doesn't have to do it, even if they still want to."

"If I don't pick the right buyer, you know, this not only could the deal backfire, which could negatively affect my set, my client, the seller."

 "We're looking for people who are serious and are going to perform exactly like they say."

"Yeah, I mean, it sounds it sounds so generic, but it's at the end of the day, it's a relationship business."

"Stick to your fundamentals, work hard. You're going to see a lot of people fall out at this time and get out of the industry, whatever part of the industry that is.

 "You just have to have, you know, an open mind and the knowledge and the network to be able to figure out how to make it happen."

"I don't think it's a level playing field."

"I would be at such peace to know that everything was taken care of so that I can go out and do good things and help others."

"One of the biggest mistakes that you can make is to think that you have to go alone, go it alone and to think that that you have to figure out everything yourself."

 "I mean, there's so much that reward, that fulfillment. When you when you see somebody else succeed, whom you've helped, I mean, that's that just that feels so good."

#pathtowellth #realestateinvestments #realestate #realestatepodcast #commercialrealestate #passiveinvesting #financialfreedom #networking  #podcast

In this engaging episode, we dive into the world of alternative investment strategies with Barbara Heil-Sonneck, the expert in home staging, short-term rentals, and multifamily real estate. Barbara, the founder of Design 2 Sell, shares her wisdom on how to create financial freedom through real estate ventures. Learn why staging is crucial, with only 10% of people able to visualize spaces, and how it can increase offers by 0.5% to even 5-10% of the list price. Barbara also talks about the untapped potential of short-term rentals, offering opportunities for high ROI and leveraging equity for further investments.

You can access it through your favorite podcast platform.

✅ Apple →  https://apple.co/3IOy1Ar
✅ Stitcher →  https://bit.ly/3H3Y6dz
✅ Spotify →  https://spoti.fi/3XtL9Pt
✅ Youtube → https://bit.ly/3WcijlR

Let’s Stay Connected

✅ LinkedIn →  https://bit.ly/3Q9C5wC

Connect with Barbara Heil-Sonneck

✅ LinkedIn →  https://www.linkedin.com/in/barbaraheilsonneckd2s/
✅ Instagram →  https://www.instagram.com/barbaraheilsonneck/
✅ Facebook →  https://www.facebook.com/barbara.heilsonneck
✅ Website → https://www.homedesign2sell.com/
✅ Company IG → https://www.instagram.com/design_2_sell/
✅ Company FB → https://www.facebook.com/Design2Sell/

Get ready to dive into Greg's fascinating journey, from a natural-born entrepreneur to building a $30 million real estate development empire. With an impressive portfolio of building homes and commercial properties, Greg is truly an expert in real estate. From modular manufactured homes to short-term rentals, Greg explores the latest trends shaping the industry.

Tune in to this empowering episode and learn how you too can create a positive impact and secure a path to wealth through real estate.

You can access it through your favorite podcast platform.

✅ Apple →  https://apple.co/3IOy1Ar
✅ Stitcher →  https://bit.ly/3H3Y6dz
✅ Spotify →  https://spoti.fi/3XtL9Pt
✅ Youtube → https://bit.ly/3WcijlR

Let’s Stay Connected

✅ LinkedIn →  https://bit.ly/3Q9C5wC

Connect with Greg Dickerson

✅ LinkedIn → https://www.linkedin.com/in/agregdickerson/
✅ Facebook → https://www.facebook.com/thegregdickerson/
✅ Twitter → https://twitter.com/AGregDickerson
✅ Instagram → https://www.instagram.com/thegregdickerson/
✅ Website →  https://www.dickersoninternational.com/
✅ Youtube → https://www.youtube.com/@thegregdickerson/videos

#thepathtowellth #realestateinvesting #passiveinvesting #multifamily

In this episode, I interviewed Christine and Danny Bellish, a power couple who found financial freedom through real estate investing. They share their motivations for pursuing financial independence, driven by their desire to escape the financial struggles they experienced growing up.

They discuss their journey in the advertising sales industry and how they established the Bellish team, which allowed them to invest in over 1,000 units across six states. We also explored the significance of diversifying income streams, protecting against economic uncertainties, and empowering others through financial literacy and smart investing.

Tune in to this new episode and learn the importance of taking control of financial future and the potential of real estate as a wealth-building strategy.

You can access it through your favorite podcast platform.

✅ Apple →  https://apple.co/3IOy1Ar
✅ Stitcher →  https://bit.ly/3H3Y6dz
✅ Spotify →  https://spoti.fi/3XtL9Pt
✅ Youtube → https://bit.ly/3WcijlR


Let’s Stay Connected

✅ LinkedIn →  https://bit.ly/3Q9C5wC


Connect with Christine and Danny Bellish

✅ LinkedIn → https://www.linkedin.com/in/danny-bellish-19ba50a/
✅ LinkedIn → https://www.linkedin.com/in/christine-bellish/
✅ Website →https://www.thebellishteam.com/
✅ Facebook → https://www.facebook.com/thebellishteam/
✅ Instagram → https://www.instagram.com/thebellishteam/

Time Stamps

[02:48] Entrepreneurial inspiration and motivation
[05:14] Why choose real estate?
[10:01] Double and triple net leases
[12:14] Redevelopment of office buildings
[16:10] Stability of net lease properties
[20:07] Diversification in real estate investing
[25:13] Full-time LP vs GP
[29:41] Turning down certain investors
[34:46] Guiding financial decision-making
[36:34] Generation wealth and financial literacy
[41:01] Finding balance in life

Quotes

"The last thing that you want to do is start a business where you're already desperate for money, right?"

"You can really have freedom of choice, freedom of time, freedom of opportunity and still be, you know, extremely successful."

"You could get rich depending upon your strategy, but we're not looking to get rich off of this. We are just looking for steady cash flow and to preserve wealth."

"We could really pick up and go somewhere for a month if we want to. We could work from the beach and live life more on our own terms. That's really the goal."

"Desperation is a stinky cologne and investors do not want to invest with someone who is desperate for their money."

"That's the true generational wealth. Beyond the money that we might pass on, it's the knowledge that we were able to blend at an early age that will not only carry them, but their children."

"Even though you should work hard and you should go after your dreams, really plan those things that are going to make you escape from the grind of the business and all of those finances."

#realestateinvesting #passiveincome

Real estate investment guru Brandon Bruckman unveils the untapped potential of 1031 exchanges and Delaware Statutory Trusts (DSTs), shedding light on how they can help you achieve tax deferral and passive income. Join us as Brandon shares his incredible insights into building a solid investment portfolio, navigating market fluctuations, and creating a legacy that stands the test of time. Don't miss this opportunity to learn from a true expert and discover the secrets to financial success in the world of real estate investment!

You can access it through your preferred podcast platform.

✅ Apple →  https://apple.co/3IOy1Ar
✅ Stitcher →  https://bit.ly/3H3Y6dz
✅ Spotify →  https://spoti.fi/3XtL9Pt
✅ Youtube → https://bit.ly/3WcijlR


Let’s Stay Connected

✅ LinkedIn →  https://bit.ly/3Q9C5wC

Connect with Brandon Bruckman:
✅ LinkedIn → https://www.linkedin.com/in/brandonbruckman/
✅ Book a schedule→ https://calendly.com/brandon-1031x
✅ Website → https://www.investwithinsight.com/
✅ Podcast →  https://www.investwithinsight.com/podcast

#thepathtowellth #realestateinvesting #passiveinvesting #careercoaching

Welcome to Episode 60 of the Path to Wellth Podcast! In this episode, we are joined by Bennett Schwartz, a renowned High-Performance Executive Coach, Real Estate Investor, and Speaker.  Bennett shares his expertise on breaking through limiting beliefs, conquering imposter syndrome, and discovering true fulfillment in life. Prepare to be inspired as Bennett guides us on a transformative journey toward unlocking our inner potential and finding joy in the present moment.

Get ready for an empowering conversation filled with practical insights and actionable strategies that will leave you motivated to live a life of purpose and fulfillment.

You can access it through your preferred podcast platform.

✅ Apple →  https://apple.co/3IOy1Ar
✅ Stitcher →  https://bit.ly/3H3Y6dz
✅ Spotify →  https://spoti.fi/3XtL9Pt
✅ Youtube → https://bit.ly/3WcijlR


Let’s Stay Connected

✅ LinkedIn →  https://bit.ly/3Q9C5wC

Connect with Bennett Schwartz

✅ LinkedIn →   https://www.linkedin.com/in/bennett-schwartz-2b7346211/
✅ Website →  https://www.bwschwartz.com/

#thepathtowellth #realestateinvesting #passiveinvesting #careercoaching