The Practical Wealth Show

In this episode, Axel Meierhoefer and I discuss Breaking the Time Barrier and Achieving Time Freedom through Mentoring. The audience will learn about the importance of accountability, motivation, and feedback in the mentoring process, which can help them stay on track and continue to make progress even when faced with challenges. By implementing the strategies and advice shared, the audience will have a better chance of reaching their project goals and achieving the time freedom point they desire. Learn more knowledge about how to close deals, and practical and actionable tips for leveraging the power of mentoring to accelerate project success, which can ultimately lead to greater personal and professional fulfillment.

In this episode, you'll discover:

"From Start to Freedom: How Mentoring Accelerates Project Success

• Individuals who are just starting in residential real estate investing and want to learn how to do it successfully
• People who have started investing but are not sure how to properly get passive income from real estate investing
• People who are highly interested in generating passive income so they can reach the "Time Freedom Point" when they do not need to exchange time for money anymore and have the freedom to decide what they want to do each day, with their family, their passions and their time
• Individuals who know that they want to invest in real estate but don't have the right relationships with lenders, insurers, real estate providers, etc. We refer them to our resources to expedite their path to success. Links and Resources from this Episode
• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis:
• https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Axel Meierhoefer
• [email protected]
• https://idealwealthgrower.com/
• https://www.linkedin.com/in/ameierhoefer
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis:
• https://aptwithcurtis.as.me/Strategysession Show Notes
• The concept of time freedom: Having enough passive income to cover expenses without exchanging time for money.
• Following the GROWER model to determine goals, current reality, obstacles and opportunities, and actions to be taken in order to achieve time freedom
• Employing regular mentorship sessions to assess and recalibrate actions in pursuit of time freedom
• Using visualization techniques to increase motivation for achieving long-term goals
• Identifying the first property investment ideally closing within the first six months of working together
• The flaws in traditional retirement plans like 401(k)s and IRAs
• How investing in European single-family homes, duplexes, triplexes, and fourplexes can yield significant returns over time
• How investing in real estate allows people to receive passive income and maintain their assets during retirement without having to sell them off
• The importance of having the right mindset, shifting from a victim mentality to a creator mentality in order to take control of one's financial future
• How you can follow Axel Meierhoefer's work and access the mindset menu

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In this podcast episode, real estate expert Al Curiel highlights the advantages of note investing, which involves buying and selling property-secured mortgages. The current market offers ample opportunities for such investments, particularly when acquiring discounted assets during downturns. Note investing emphasizes collaboration with homeowners to develop win-win financial solutions. Al also uses infinite banking to fund more note investments, creating cash flow streams while retaining control over properties. Overall, these strategies offer unique investment options for those interested in real estate.

In this episode, you'll discover:

"Real Estate as a Powerful Cashflow Generator"

• Market conditions creating opportunities for expanding real estate Holdings through note investing
• Investing in real estate without dealing with trash, tenants, and broken toilets
• Making money in real estate with a pen rather than swinging a hammer
• Investing in non-performing note Links and Resources from this Episode
• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis:
• https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Al Curiel
• https://www.linkedin.com/in/al-curiel/
• https://associatesinrealestateholdings.com
• [email protected]
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis:
• https://aptwithcurtis.as.me/Strategysession Show Notes
• Al discusses how he bought a loan, worked with the borrower to make it more manageable for them, and they both benefited in the long run
• How Al helps borrowers in reducing their interest rates and making the monthly payments more manageable
• How through note investing, both he and the borrower were able to come out of the situation in a better place
• Market adjustments prediction and the potential for further opportunities in performing and non-performing notes in the coming months
• The differences between residential notes rather than commercial notes
• How Al uses the infinite banking concept with his whole life insurance policies to fund his note purchases
• Working with investors to share the risk and reward of note investments, offering partial notes and managing the process for the investor
• Al's three-day webinar to teach people how to invest in notes and integrate mindset through meditation.

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In this episode, Pedro Moore is a 2x founder and season deal strategist, startup and small business investor, and lover of all things business. He is the Co-Founder of FundingFuel, a small business financing and investing marketplace, host of Earned Interest Podcast, Business School for the Culture. He is also a venture capital advisor to various investors such as Daymond John of ABC's hit TV show, Shark Tank. He earned a B.S. in Business Administration from the University of Delaware, focusing on marketing and management: he is a family man, a loving husband, and a father.

Learn more knowledge about how to close deals, and deal strategies so you can how to succeed in your business and close more deals, tune in now!

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis:
• https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with Pedro Moore
• https://endevr.co/
• https://innovationcapital.com/es-es
• https://pedromoore.com/
• https://www.linkedin.com/in/pedromoore
• https://www.instagram.com/pedro_moore/
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis:
• https://aptwithcurtis.as.me/Strategysession Show Notes
• Pedro Moore's background as an entrepreneur, founder, and venture capital advisor
• Venture capital and private equity and differences between the two
• The importance of trust but verify when analyzing business deals and investing at an early stage
• The advantage of bootstrapping and growing a business through sales before acquiring funding
• Investing in marketing and optimizing existing assets in a business
• Understanding customer pain points and building from there.
• The influence of credit gurus in entrepreneurship
• Focus on the customer, good marketing, and optimizing assets
• How Pedro plays both sides of venture capital and advising entrepreneurs
• Advice on building a buyable business and what investors want to see
• Strong competitive advantage and building a well-oiled engine for businesses
• Comparing business and real estate investment strategies
• The idea of investing in a business to create cash flow, similar to real estate investing
• The importance of having enough money to operate for a few years in new businesses
• Creating an efficient marketplace for small businesses

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In this episode, Alex Sonkin and I discuss the Due Diligence Project. The due diligence project is essential for minimizing potential risks and making informed decisions when considering mergers and acquisitions, investments or partnerships. By conducting thorough due diligence, investors can identify any potential red flags, legal liabilities or operational weaknesses that could affect the success of the transaction or investment. For you to know how to succeed in online business, tune in now!

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis:
• https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping:
• https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with with Alex Sonkin
• https://duediligenceproject.com/
• https://www.linkedin.com/in/alexsonkin
• Due Diligence Project Book: https://duediligenceproj.kartra.com/page/book
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• Alex talks about his experience in the financial world and how his organization has created the largest independent peer review community of tax-focused CPAs and tax attorneys
• How most CPA firms and law firms are not effective at tax planning due to various reasons such as lack of time, knowledge, and access to strategic resources
• The importance of considering lost opportunity costs when paying unnecessary taxes
• Benefits of having an elite tax adviser who is familiar with finance, as well as having a team of knowledgeable financial professionals who can advise on various aspects of finance
• The importance of raising taxes to pay off the current massive U.S. debt, and the advantages of using life insurance policies as an investment option
• Eliminating income tax for business owners and utilizing non-traditional strategies to create future growth in a tax-free environment
• Putting resources into non-correlated asset classes (such as life insurance policies) to protect against potential risks from real estate, private equity investments, and business ventures
• Playing defense in the current unstable economic climate, focusing on tax strategies and finding secure ways to generate ROI
• Collaborating and connecting with CPAs to provide solutions to clients' questions and concerns, as they are the ones signing tax returns and are trusted by clients
• Acknowledging the significance of humbly admitting when one does not have the answer but having the resources and connections to find the answers for clients
• The importance of having a community and network to find answers for clients and providing support in various domains of expertise

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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"How to be an Active Passive Investor with Neal Bawa" features an interview with real estate investor and educator Neal Bawa. The discussion focuses on strategies for being an active passive investor in real estate, including tips for selecting markets and asset classes, identifying potential investments, and managing risk. Neal emphasizes the importance of data-driven decision-making and the need for investors to take an active role in managing their investments, even when working with passive investment opportunities. Throughout the interview, Neal shares his insights and experience in the real estate industry, providing valuable information for both novice and experienced investors looking to build a successful portfolio.

Links and Resources from this Episode

• https://www.practicalwealthadvisors.com
• https://www.practicalwealthsolutions.net/
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Connect with with Neal Bawa
• Website: https://go.multifamilyu.com/resources
• Email: [email protected]
• https://multifamilyu.com/
• https://www.facebook.com/NealBawaMFU
• https://www.linkedin.com/in/neal-bawa/
• https://www.youtube.com/@MultifamilyU
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• The fundamental shift in world governments recognizing that the low inflation phase has ended
• The challenges faced by commercial real estate loans
• The meltdown in the office space market due to changes brought about by COVID
• Future of multifamily investments and the impact of office space trends on the market
• Looking at the whole picture and thinking macroeconomically to make informed decisions
• Resources for macroeconomic knowledge, including Globest.com and industry webinars and newsletters
• The importance of education and understanding the market and the syndicator when investing in syndications
• Being an "active passive investor" and the importance of diligence and knowledge when making investments
• The good news regarding decreasing inflation rates and the strategy to time property investments for maximum profits
• Why you should get properties into contract but not to close on them as a strategy to take advantage of lower interest rates in the future

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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• Click here to subscribe with Spotify
• Click here to subscribe with Stitcher
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In this episode of the Practical Wealth Show, Curtis May discusses the importance of having maximum protection and playing defense in one's financial planning. He shares his recent health scare story to stress the importance of being prepared for unexpected events. Curtis highlights the importance of having disability insurance and estate planning in place.

Disability insurance can restore cash flow in the event of a disability, reduce financial stress, ensure income continues coming in to maintain one's lifestyle, and potentially fund savings. Curtis advises listeners to consider the total amount they can get, the start date, the length of time the policy lasts, and the definition of disability in their insurance policies.

Estate planning is another critical aspect of financial planning, helping to avoid substantial losses upon death. Curtis discusses the examples of famous estates that suffered significant losses due to poor planning. He emphasizes the importance of having the appropriate estate planning documents and beneficiary designations in place to ensure loved ones receive what is desired.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Schedule a call with Curtis: https://aptwithcurtis.as.me/Strategysession
• CashFlow Mapping: https://practicalwealth.cashflowmapping.com/lp/PWbudgetsstink
• Private Reserve Strategy: https://app.agent-crm.com/v2/preview/vWh4TyHnUBXdULimd82i
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• Interest in becoming your own bank
• Playing defense and principle-based planning
• Curtis' personal health scare with a stroke
• Importance of disability insurance
• Estate planning considerations and wealth transfers at death
• Types of assets to leave behind
• Role of life insurance in estate planning

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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This Episode is special. I'm with Jessica Fialkovich, a Business Exit Expert, a bestselling author, speaker, and small business advocate. She sold her first business a decade ago and successfully exited it before buying her next business - a business brokerage office. She has since built the fastest-growing and most successful business brokerage firm in the US.

Jessica realized that most business owners who decide to sell their businesses are not prepared for the process, and few experts teach how to sell a business. She founded Exit Factor, an education firm that provides tools to buyers and sellers for successfully and profitably completing transactions.

She is an entrepreneur who has built and sold four startups with her husband and business partner, Al. Jessica enjoys exploring the mountains with her family and attending as many Springsteen shows as possible.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Coffee connects with Curtis: https://aptwithcurtis.as.me/coffeeconnect
• Connect with Jessica Fialkovich
• Website: [email protected]
• Phone number: (720) 443-4450
• LinkedIn: https://www.linkedin.com/in/jessicafialkovich
• Instagram: https://www.instagram.com/jessicafialkovich/
• Skype: JFialkovich
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• Jessica is the founder of Exit Factor, a consulting company that helps people prepare to sell or buy a business
• The firm's vision is on helping small businesses, which they believe are crucial to the country's success
• Exit Factor helps business owners adjust their expectations and get their business ready for sale
• Narrowing your focus on growth through acquisition strategy can generate less overwhelm and help you find the perfect acquisition for your unique ability
• Cultural compatibility between businesses is crucial during the transition phase of acquisition
• Exit Factor helps sellers establish the current value of their business and create a roadmap to hit their goal sale price before preparation for sale
• The demographic shift from baby boomers to millennials has contributed to an increase in entrepreneurial activity and a rise in businesses for sale
• Preparing your business for sale should be a priority from day one of ownership
• Exit Factor provides educational resources and programs for sellers and buyers to better understand each other's perspectives and maximize the value of a sale

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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Curtis emphasizes the importance of understanding the concept of infinite banking and advises listeners to think long-range and not to be afraid to capitalize. He also recommends Practical Wealth Solutions, which can help people set up privatized banking systems using properly structured dividend-paying whole life policies.

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Coffee connects with Curtis: https://aptwithcurtis.as.me/coffeeconnect

Special Listener Gift Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession

Show Notes

• Properly structured dividend-paying whole life insurance is a great place to store cash and run all your business through your own bank.
• Wealth has to reside somewhere, so think about where you want to store it.
• Your need for finance during your lifetime exceeds your need for life insurance protection, so solve for your need for financing through life insurance cash values.
• Infinite banking is a storage system, not a get-rich-quick plan.
• Infinite banking requires long-term planning and thinking long-range

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with Stitcher
• Click here to subscribe with RSS

In this episode, Ryan Tansom and I discuss Creating a strategic Growth plan for your business.

So if you want to know what are the 3 financial targets an owner should identify, monitor and measure? How do you create a strategic plan to increase the value of your business, what are all the different ways to exit a business and what are the major differences so you can know the 5 intentional growth principles to give owners clarity to increase the value of their business by beginning with the end in mind? Tune in now!

In this episode, you'll discover:

"THE 5 INTENTIONAL GROWTH™ PRINCIPLES CLARIFY YOUR PATH TO A MORE VALUABLE BUSINESS"

• What are the 3 financial targets an owner should identify, monitor and measure?
• What are all the different ways to exit a business and what are the major differences?
• How do you create a strategic plan to increase the value of a business?

Thanks for Tuning In!

Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section below!

If you enjoyed this episode on the 5 Intentional Growth™ Principles to Clarify Your Path to a More Valuable Business, please share it with your friends by using the social media buttons you see at the bottom of the post.

Don't forget to subscribe to the show on iTunes to get automatic episode updates for "The Practical Wealth Show!"

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Coffee connects with Curtis:
• https://aptwithcurtis.as.me/coffeeconnect
• Connect with Ryan Tansom
• https://arkona.io/
• https://arkona.io/podcasts
• https://www.linkedin.com/in/ryan-tansom-4a440710
• Special Listener Gift
• Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• Getting to know the guest
• The benefits of privatized banking with Practical Wealth Solutions
• Investing in your business and building a virtual culture
• Understanding the Intentional growth framework
• Funding a target equity valuation for business growth
• Investment strategies for executive recruiting firms
• Benefits of passive income and investing strategies
• Business growth and money management
• The challenges of making financial decisions as a business owner
• Financial targets for business owners, business growth, and exit strategies
• The three rules of investing
• Accurate thinking and principles driving strategy
• Intentional growth principles and exit options
• Decision making and risk taking
• Overcoming challenges and finding opportunity in the financial world
• Risk perception and taking market share
• Reflections on five years of payroll and podcasting
• Building a lasting podcast

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

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• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with Stitcher
• Click here to subscribe with RSS

In this episode, I'm with Fred Moskowitz, an educator and best-selling author who has trained countless investors from all walks of life on how to create passive income streams of their own. As a fund manager, Fred manages a mortgage note investment fund and is considered an industry veteran within the note investing arena. He teaches the concept that individual investors are able to step into the shoes of the lender, through note investing, and effectively "Be The Bank".

Fred takes pride in collaborating with investors to help them grow and profit in the note space, as well as being a trusted and valued resource in the arena of alternative investments. His new book, titled "The Little Green Book Of Note Investing, has recently launched.

Thanks so much for being with us this week. Have some feedback you'd like to share? Please leave a note in the comments section below!

If you enjoyed this episode on the function of time in your financial planning, please share it with your friends by using the social media buttons you see at the bottom of the post.

Don't forget to subscribe to the show on iTunes to get automatic episode updates for ours, The Practical Wealth Show!

And, finally, please take a minute to leave us an honest review and rating on iTunes. They really help us out when it comes to the ranking of the show and I make it a point to read every single one of the reviews we get.

Please leave a review right now: https://www.podpage.com/the-practical-wealth-show/

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• ERC Tax Credit - https://ercspecialists.com?fpr=curtis75
• Coffee connects with Curtis:
• https://aptwithcurtis.as.me/coffeeconnect
• Connect with Fred Moskowitz
• You may connect with Fred at https://www.fredmoskowitz.com/
• Texting the keyword MONEY to 215-461-4433
• Download Fred's special report on note investing at https://www.giftfromfred.com/
• "The Little Green Book Of Note Investing": Pick up a copy on Amazon here: https://amzn.to/3I0pR49
• https://www.linkedin.com/in/fred-moskowitz-3a92a9
• Special Listener Gift: Schedule a 15-Minute Call with Curtis: https://aptwithcurtis.as.me/Strategysession Show Notes
• The power of notes and why it should be a part of a diversified portfolio
• Who is Fred Moskowitz?
• How Fred started to turn to alternative investing and building different cashflows
• Defining note investing
• The benefits of investing in real estate notes and mortgages
• Diversifying investment strategies for financial freedom
• How you can start investing in notes
• Different strategies for investing in notes using retirement accounts and life insurance policies
• Optimizing assets and retirement planning
• Managing your personal economy and cash flow
• How you can invest for maximum returns
• Investing in yourself and building wealth

Review, Subscribe and Share If you like what you hear please leave a review by clicking here

Make sure you're subscribed to the podcast so you get the latest episodes.

• Click here to subscribe with Apple Podcasts
• Click here to subscribe with Spotify
• Click here to subscribe with Stitcher
• Click here to subscribe with RSS