The Practical Wealth Show

I interviewed Heather Dreves and we discussed how to do Due Diligence, a 3rd party company called Verivest. She shared information regarding buying notes and what are the important things to know before investing.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Heather Dreves
• https://securedinvestmentcorp.com/
• https://www.linkedin.com/in/heather-dreves-6204a242

Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed

Show Notes

• Who is Heather Dreves?
• The different types of clients Heather is usually working with
• What the four asset classes are
• Using self-directed IRAs to grow accounts tax deferred
• Understanding who your borrower is
• The reason for giving foreclosure notices
• What the process of buying notes to foreclosures work
• The downsides of buying notes
• Is the fund more of a appreciation or cash flow back into the IRA
• The two funds available for their company
• Purpose of doing compliance with operators handling your money
• Educating clients who want to start investing in real estate
• How to reach out to Heather

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I interviewed Marcin Drozdz, the Managing Partner of M1 Real Capital. We talked about the E.A.S.Y System to Raise Capital, why raising capital is important for an entrepreneur, and at what point should they start thinking about raising capital.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, or 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Marcin Drozdz
• https://www.marcindrozdz.com/
• https://m1realcapital.com/: M1 Promo Code will get you a 15% discount on the ticket
• [email protected]

Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed

Show Notes

• The difference between buying 20 units and 200 units, fundamentally, is like you just said, just a few zeros
• Should you have a deal and then try to raise money or raise money before working on the right deal?
• How long does it take you to be an expert in anything
• The deal is the last piece of the equation
• What the E.A.S.Y System is
• Creating a call to action
• The best ways to get in touch with Marcin
• The M1 Real Capital Conference

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In this episode, Curtis May sits with Mark Podolsky. Mark Podolsky is widely considered to be the country's most trusted and foremost authority on buying and selling raw, undeveloped land. He is known as "The Land Geek."

Mark shares his journey into the world of buying, selling, and leasing raw land as an investment. We also talked about how to free yourself from solo economic dependency in three ways.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Highlights

• Mark Podolsky's book: Dirt Rich
• The cashflow game
• Getting yourself to financial freedom
• Land investing business
• 300% margin of safety
• Scaling other people's money and software
• Leveraging technology
• Due diligence process: 5 stages of contracts in software system
• 3 steps on how to free yourself from solo economic dependency
• The accumulation theory Links and Resources from this Episode
• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Mark Podolsky
• http://www.thelandgeek.com/
• The Investors Tool Kit
• Book - Dirt Rich

Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed

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In this episode, Curtis interviews Waleed Cope to talk about business. Waleed is an entrepreneur, investor, and small business advisor who has developed multi-million-dollar companies. Based in New York City, Waleed draws on his years of laundry operations experience to make The Soap Box a premiere laundry, dry cleaning, and sneaker cleaning enterprise in the region. He has leveraged social media to build a dynamic network of other business owners and subject matter experts.

He shared the most significant takeaway that he learned that helped him grow his business during their conversation. Waleed welcomes the opportunity to share his insights so the industry can grow together.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Highlights

• Revolutionizing the business industry
• Incorporating technology into the business
• Advantages of putting your business on social media
• Experiences of running a dry cleaning service
• Importance of having a network
• Why going to college is not significant when it comes to business
• Listen, learn, and execute
• How openness to drowning in your mistakes will teach you how to swim Links and Resources from this Episode
• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Waleed Cope
• Linkedin
• Website
• Facebook
• Instagram
• Twitter

Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed

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In this episode, Curtis interviews Bryan Bloom, a financial advisor, author, and CPA for over 35 years. They sat together to talk about Bryan's experiences, and he also shared some ideas regarding the miracle of compound interest. Bryan started working in the field around 15 years ago, assisting people in making reasonable retirement plans. Over the past years, he learned a lot about how different financial tactics and financial products work and, more significantly, why they don't.

Now he has written five books. His book The Confessions of a CPA series explains why everything I was taught as a CPA has proven false. If we follow what we are taught in academics, traditional planning, and the popular media, we have little chance of succeeding.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Highlights

• Discussion on temporary death benefit reduction
• What is debt with the lens of a CPA
• The use of a permanent insurance policy
• Choosing the right insurance company
• Storing liquidity in ETFs and the importance of being liquid
• Opportunity cost as a financial concept
• Income and retirement
• IRA and 401k plan Links and Resources from this Episode
• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Bryan Bloom
• Books:
• Confessions of a CPA: Why What I Was Taught To Be True Has Turned Out Not To Be
• Confessions of a CPA: The Truth About Life Insurance
• Confessions of a CPA: The Capital Equivalent Value of Life Insurance
• The America Group - https://www.theamericagroup.com/imt_team/bryan-bloom/

Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed

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I interviewed Culin Tate, a serial entrepreneur, owner, and host of eight Airbnb properties, Airbnb ambassador, short-term rental coach, author of Host Coach, and speaker. We talked about his experiences, he shared his knowledge, tips, and tools. We also talked about why Airbnb investing is the most stable and efficient way to create wealth. Culin Tate is a serial entrepreneur, owner, and host of eight Airbnb properties, Airbnb ambassador, short-term rental coach, author of Host Coach, and speaker. His mission is to share his experience, knowledge of specific tools and software, and the systems he has created to harness the unique opportunity of short-term rental investing so that others can enjoy a life of financial freedom to live their why.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Highlights

• How Culin started with AirBnB after his first venture into real estate didn't work out
• Why he believes that AirBnB is the most stable and efficient way to create wealth
• What the four asset classes are
• How to look for profitable properties for short term renting
• What are the tools to use when doing your research and building your forecasting and numbers
• What are the two important traits to have if you're looking to be a short term investor
• How COVID impacted his investments in travel
• How you can create more value by using technology Links and Resources from this Episode
• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Culin Tate
• https://www.hostcoach.co/
• https://www.instagram.com/host_coach
• Host Coach on Amazon

Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed

Review, Subscribe and Share

If you like what you hear please leave a review by clicking here

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In this video, I discuss the framework of how my firm teaches banking: We teach the 5 Principles of Personal Finance. The two points I'm making are that this is about ownership and that the premium is the solution, not the problem.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Text Bethebank 55444 Special Listener Gift
• Schedule a 15-Minute Call with Curtis
• Free Ebook Financial Planning Has Failed Show Notes
• The five principles of personal finance - 0:58
• If you don't know the problem, the solution doesn't matter. - 2:19
• The great thing about the think tank. - 4:47
• What infinite banking is about. - 7:50
• Velocity is how fast money moves. - 9:22
• The two kinds of businesses that everybody should have. - 13:43
• Infinite banking is an exercise, an imagination, prophesy, and logic. - 17:09
• How most money is lost. - 20:52
• The challenge for everyone. - 23:00

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Things will eventually take control of your life if you do not take ownership of them.

Curtis interviews Elliott Holland, an entrepreneur, small business buying expert, and founder of Guardian Due Diligence. Their discussion focused on owning a business, who should do it, and why they should do it. They also go over how to determine which business to buy and where to look for it. This episode also teaches folks who don't have any money to finance these things.

Tune in to learn why to take ownership, accept capitalism, accumulate money, buy things with real value, and the common mistakes that Elliott notices people doing while purchasing a business.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Elliott Holland
• https://www.linkedin.com/in/elliottholland/
• https://www.guardianduediligence.com/

Special Listener Gift Schedule a 15-Minute Call with Curtis Free Ebook Financial Planning Has Failed

Show Notes

• Welcoming Elliott Holland -1:19
• Who is buying a business for and why should people think about it? - 2:39
• Finance is learnable - 5:14
• Buy a new business every year: a great way to grow - 6:14
• How to get in the game: what deals to look for? - 8:14
• The industry and the fundraising - 11:26
• Covering the advisors: legal lawyer and due diligence officer - 14:27
• Stakes Elliott observed with his clients - 20:00
• Strategic reason on why to charge people full price - 27:20
• Is business buying a job?: building new cash flows - 29:14
• High demand, upward trend, and presence of profit margin - 32:39
• It is all about ownership and mindset: entrepreneurs should solve problems - 34:24
• Upsells are pure profit: pay attention and see what is going on to be a producer- 39:18
• The owner gets everything that anybody cannot take - 40:27
• Next level of evolution: take the fake and buy the real thing - 41:52

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Curtis May welcomes Anthony Lee and Lorenzo Jackson to discuss how the real estate industry may help people achieve financial freedom! Anthony is the owner of A. Lee Real Estate, and Lorenzo founded the Jackson Rental Homes.

Anthony and Lorenzo believe that people can achieve financial independence within five years of hustle in real estate. However, to achieve that success, one must be familiar with the proper methods, processes, and procedures. Mindset, mental care, and numbers are the crucial variables that need to be considered.

The guests emphasize that we must break away from the survival mindset in this modern time, where information is readily available. Thus, they will teach you how to let prosperous thinking flourish. In that way, you can help others to become successful too.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Lorenzo Jackson
• LinkedIn
• Instagram
• Website
• Connect with Anthony Lee
• LinkedIn
• Facebook
• Instagram
• Website Special Listener Gift
• Schedule a 15-Minute Call with Curtis
• Free Ebook Financial Planning Has Failed Show Notes
• How Lorenzo got into real estate - 1:39
• A crooked path: Anthony's journey towards being a realtor - 3:04
• Using your license to help others - 6:10
• Getting into business early - 7:43
• The power of coming in together - 8:57
• Why it is okay to be lesser than others - 10:23
• Compete don't compare - 13:09
• The true meaning of being "financially free" - 13:40
• The Prosperous Mindset vs. Survival Mindset- 17:04
• Importance of helping the community - 19:54
• Building your own blueprint: start with yourself, work on your mindset: getting a mental therapy - 29:00
• The cheat code towards scaling - 32:12
• Keep going and know your numbers - 34:10
• Essence of starting with "how much do you want to make?" - 35:01
• How to be involved with Anthony and Lorenzo - 41:41

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

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In this episode, Curtis sits with Janet Fields, CEO of property management business Oak Trust Properties, to discuss why families are shifting to real estate investing. Janet first became interested in the industry when her parents began flipping houses and included her entire family in the renovation process. She and her staff now manage rental properties to ensure that owners get the best possible return on their investment. The majority of her clientele regard real estate as a source of retirement income.

Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com

Links and Resources from this Episode

• www.practicalwealthadvisors.com
• Email Curtis for a free report - [email protected]
• Call his office - 610-622-3121
• Connect with Janet Fields
• Website
• Download Free Marketing Plan Special Listener Gift
• Schedule a 15-Minute Call with Curtis
• Free Ebook Financial Planning Has Failed Show Notes
• Who is Janet Fields? - 0:20
• Tangible Asset Portfolio: great control, manipulation, and returns - 1:15
• Janet and their real estate family project years ago - 2:48
• Families shifting to real estate- 5:10
• Pitfalls of being emotionally attached- 6:17
• Difference between a house and a home: looking at properties critically - 7:54
• To be an investor, make decisions based on numbers - 11:01
• Janet's philosophy on running her business - 12:50
• How to properly vet property managers - 15:15
• Business is a team sport: success should be mutual - 18:12
• Additional significant information to know about property management- 19:46
• Which type of clients do Janet and her team serve? - 21:41
• Buying your time back - 24:40
• How to reach Janet out? - 26:33

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

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