Firing contractors is one of the most uncomfortable parts of real estate investing — and one of the most expensive if you do it wrong.

In this episode of The Real Wealth Formula, Brad Hovis breaks down exactly how and when to fire contractors so you don’t lose time, money, or control of your project.

Brad shares hard-earned lessons from decades of rehabbing properties, including:

This is not theory. These are real stories, real mistakes, and real systems that protect your cash flow and your peace.

If you’re rehabbing houses, managing contractors, or planning to invest in real estate — this episode can save you thousands.

✔ why people stay stuck financially for decades

✔ Why firing contractors early saves money and stress

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 – Introduction

Most people believe their financial stress will disappear once they make more money.

It won’t.

In this episode of The Real Wealth Formula, Brad and Dr. Brian E. Arnold breaks down why income alone never creates freedom and why habits, stewardship, and structure matter far more than your paycheck.

This is a practical, faith-driven conversation about:

✔ why people stay stuck financially for decades

✔ why lifestyle creep quietly destroys progress

✔ how avoidance keeps people stressed and overwhelmed

✔ and how real wealth is built slowly, intentionally, and with purpose

If you’ve ever felt behind, discouraged, or confused about money, this episode will bring clarity, conviction, and hope.

✔ You cannot out-earn poor financial habits

✔ Why income growth without discipline increases stress

✔ The real reason most people stay financially stuck

✔ How stewardship creates peace, not restriction

✔ Why responsibility comes before freedom

✔ The danger of delaying financial decisions

✔ The difference between being busy and being wealthy

✔ Why faith requires action in money

✔ How the R.E.A.L. process builds stability before growth

✔ Why long-term wealth is built, not stumbled into

REIBIZ: reibiz.com

Website: www.realwealthformula.com

One of the most common questions real estate investors ask is:

In this episode of The Real Wealth Formula, Brad Hovis sits down with long-time partner John Webb to break down the real way to choose real estate markets using both data and real-world experience.

They explain why price-to-rent ratios matter, why distressed inventory is essential, and why you can’t rely on spreadsheets alone. From Memphis and St. Louis to San Antonio and Detroit, Brad and John share firsthand stories—both good and dangerous that reveal why market selection is as much an art as it is a science.

If you’re tired of chasing “hot markets” and want to build safe, sustainable cash-flowing rentals, this episode will completely change how you think about location.

Real talk.

✔ Why price-to-rent ratio is non-negotiable for buy-and-hold investing

REIBIZ: reibiz.com

Website: www.realwealthformula.com

Hiring contractors can either make you money or completely destroy your deal.

In this episode of The Real Wealth Formula, Brad breaks down the exact rules he follows when hiring contractors, built from years of experience, millions in rehab projects, and painful (expensive) lessons learned the hard way.

He shares why you should never give contractors deposits, how to protect yourself from disappearing crews, and how one mistake cost him $18,000 in a matter of days.

This is a no-fluff, real-world guide for real estate investors who want to:

-protect their capital

If you’re buying, rehabbing, or managing property—or plan to—this episode can save you thousands.

Real talk.

✔ Why giving a contractor a deposit is one of the biggest mistakes investors make

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 – Introduction

What if the real reason you’re stuck financially has nothing to do with your income… and everything to do with your identity?

In this emotional and eye-opening wealth review, Brad sits down with Marion — a single mom of four who’s been in survival mode for years — to uncover the hidden behavioral patterns, beliefs, and dependencies that quietly sabotage financial freedom.

If you’ve ever wondered “Why do I keep ending up in the same money situation?”, this episode reveals the honest, faith-centered truth most people never hear.

Together, Brad and Marion walk through the entire R.E.A.L. process — Reduce, Enlarge, Acquire, Live — while confronting deep-rooted habits, painful childhood stories, and the mindset shifts required to build real wealth built on purpose, not pressure.

This isn’t just budgeting.

✔ Why Marion’s issue isn’t budgeting — it’s decades-old survival patterns 

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 - Introduction

What does it really take to become a wealthy real estate investor — not just on paper, but in real life?

In this episode, Brad sits down with Matt Sanchez, a humble Denver investor who has done over 1,000 deals, survived multiple market cycles, built long-term cash flow, developed properties, and quietly created the kind of freedom most people only dream about.

Matt breaks down the REAL difference between equity and cash flow, why cash flow is the king of financial freedom, how foreclosure auctions work behind the scenes, and what new investors must understand before they ever buy their first deal.

If you’re an aspiring real estate investor, a side hustler, or someone stuck in a 9–5 dreaming of freedom, this episode is gold.

Real talk. Real numbers. Real freedom.

✔ Why cash flow is king (and equity can actually cost you money)

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 – Introduction

Most people think legacy is about money, retirement, or what gets written in a will.

But Brad breaks down the deeper truth: legacy is what lives on because you lived.

In this emotional and powerful episode, Brad shares how suffering, faith, purpose, and passion shape the legacy you’re meant to leave. He walks through the Real Wealth Formula — Reduce Expenses, Enlarge Active Income, Acquire Passive Income, Live on Passive Income, Leave a Legacy — and explains how the final “L” transforms your entire life.

Brad shares deeply personal stories about loss, the NICU, childhood, Christian education, and the people who stepped in when his family had nothing. These defining moments became the fuel for his life’s biggest mission: making Christian education accessible for all.

If you’ve ever wondered “What am I really here for?” or felt like your days blend into work → sleep → repeat, this episode will wake something up inside you.

✔ Your greatest purpose often comes from your deepest pain

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 – Introduction

What happens when a hardworking mom of three tries to grow her income but keeps getting held back by hidden expenses and debt?

In today’s Real Wealth Review, Brad Hovis sits down with Jessica Savage — a hairstylist, educator, and entrepreneur — to break down her real numbers, real habits, and real path to building wealth for her family.

Jessica currently makes around $5,000/month, recently launched a hair-extension education program, and even pulled in $14K in a single weekend. But like many Americans, car payments, debt programs, and lifestyle creep are slowing her down.

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 Introduction

Should a real estate investor get their real estate license?

Brad and Brian break down one of the most common questions newer investors have and the answer isn’t what most people think.

In this episode, you’ll learn the real reasons investors choose to get (or not get) their license, the creative finance traps that licensed agents must avoid, and how to decide whether a license will accelerate or slow down your investing journey.

Brad and Brian share real stories from hundreds of deals, real-world negotiation insights, and the mindset wealthy investors use to evaluate every opportunity without falling for hype, fear, or industry pressure.

If you’re trying to decide whether a license belongs in your wealth-building toolbox, or if you want the freedom to invest without limits, this conversation gives you the clarity you need.

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 – Should Investors Get Their Real Estate License?

What if the real definition of wealth has nothing to do with net worth, fancy cars, or a stacked bank account?

In this episode, Brad breaks down the real meaning of financial freedom — living on PASSIVE income. Not hoping. Not grinding forever. Not praying your job stays stable.

Brad explains:

REIBIZ: reibiz.com

Website: www.realwealthformula.com

00:00 – Introduction