Last week we heard from a Denver-based realtor about her experience building an Accessory Dwelling Unit (ADU). In part 2 of our mini-series on ADUs, we’re hearing from an engineer in the Southern California area who also chose this unique method of house-hacking: Matthew Forrest.

Matthew received his B.S. Electrical Engineering from Lehigh University in 2014. Since graduating, Matt has been in a variety of roles for the downstream businesses of oil & gas companies in Southern California. In 2016 Matt was introduced to a podcast that sparked an interest in real estate that has grown to a passion for working with ADU development and multifamily syndication.

Matthew and I are chatting all about his experience building an ADU and what the obstacles and triumphs have been throughout the process. He shares how he heard about ADUs, why it can be so hard to find information about them, and what he learned in the planning and building process.

Find complete show notes and more information at therichergeek.com/podcast.

We’re kicking off a mini-series today that’s all about ADUs. An ADU is an Accessory Dwelling Unit - basically a bonus dwelling on your property that’s separate from the main residence. I wanted to dive into this interesting little investing opportunity for you, so today’s guest Kassidy Benson is here to tell us all about her experience with ADUs in a busy rental market.

Kassidy Benson focuses on working with investment minded millennials and their baby boomer parents buying in Denver city center neighborhoods. She is a skillful negotiator, strong client advocate, informed on market trends, and an expert in Accessory Dwelling Units.

In this episode, Kassidy and I talk about how she learned about and became interested in ADUs. She also discusses the challenges she’s encountered, why she’s been educating her neighbors on this opportunity, and how you can start investigating whether this investment might work for you, too.

Find complete show notes and more information at therichergeek.com/podcast.

Today we’re doing something a little different and blending our usual talk about entrepreneurship with some discussion about a topic that could save your life. 

Dr. Ruchir Sehra is a seasoned technology and medical entrepreneur dedicated to researching and developing disruptive technologies to improve people’s lives. His latest company, Resonea, advances the science of sleep health to improve your performance, safety, and quality-of-life. Nearly 80% of the population struggles with its sleep.

In this episode, my husband Mike joins us to talk about his experience with DROWZLE and sleep apnea before we’re joined by Dr. Ruchir Sehra. Dr. Sehra and I then dig into what sleep apnea is, how it can affect your health, and why it’s so important to get diagnosed and treated as soon as you can. We also talk about medical technology and apps and how he and his company Resonea are revolutionizing sleep health.

Find complete show notes and more information at therichergeek.com/podcast.

You’d have to be living under a rock to avoid all the hype around hemp, CBD, and cannabinoid products that has spread across the country in the last few years. There’s a ton of interest in this space, and of course, a ton of opportunity for investment, too.

Zane Gray started growing hemp outside of the USA to import to doctors for medical research. With the passing of the first Farm Bill in 2014, he began growing hemp in America and extracting oil to create products for different companies. Now, his niche is white-labeling for businesses that want high quality Cannabinoid products.

Zane and I geek out about the science of cannabinoids, how they can affect the body, and why the industry has boomed so strongly in the last seven or eight years. We also talk about some of the questions you should ask if you’re interested in investing in hemp and important things to keep in mind in this space.

Find complete show notes and more information at therichergeek.com/podcast.

I’ve found in my interviews for The Richer Geek that once someone has the entrepreneurial bug - whether they are born with it, or they get bit by it later in life - it tends to take them into all sorts of interesting businesses. That’s the case for today’s guest, who started her entrepreneurial pursuits in real estate and short-term rentals and has since transitioned into building a really successful e-Commerce business.

Melissa Nesbitt works full time leading a Customer Engagement team at SAP and at 29 years old is within reach of financial independence. 

In today’s episode, Melissa and I are talking mostly about her 6-figure e-Commerce business and how she’s built it up from scratch. She walks us through the early days of keeping product at her house and labeling everything herself to today’s business with a product team, prep facility, and social media presence that keeps loyal customers engaged. 

Find complete show notes and more information at therichergeek.com/podcast.

Sometimes Mike and I like to update you on what’s going on in our business, and we have some exciting news today: we just closed on a new hotel property! We thought this would be a great opportunity to walk you through what the process was like, from finding the property initially all the way through day 1 of new management.

In today’s episode, I’m interviewing Mike about the step-by-step process that helped us close on our newest investment. We’ll talk about how we found the property, how we chose it over some other options, and the differences in a deal like this versus regular multifamily. 

Find complete show notes and more information at therichergeek.com/podcast.

Most of us are told that to save for retirement, we have to put our money into a 401K or other investment account and trust our financial advisor and the market to make the returns we want. It’s no wonder that many people believe that they don’t have enough knowledge to be a good steward of their own money. 

Russ Morgan and Joey Mure are the co-founders of Wealth Without Wall Street, where they help create strategies for generating passive income without relying on Wall Street. 

In this episode, Russ, Joey and I talk about how and why they founded Wealth Without Wall Street, their favorite strategies for passive income generation, and what myths about financial freedom they find themselves busting on a regular basis. 

Find complete show notes and more information at therichergeek.com/podcast.

Stefan Von Imhof is the Head of Product at Flippa.com, where online businesses are bought & sold. Prior to that he founded an Ecommerce retailer, which he ended up selling on Flippa in 2012. He later held product roles at Citrix, lynda.com (which was acquired by LinkedIn), and HG Insights, before joining Flippa in 2019.

Today Stefan and I are talking all about buying and selling businesses online and what you should be looking for in your next part time business. We chat about how Flippa works, what kind of support they offer for business buyers and sellers, and the different kinds of businesses you can buy.

Find complete show notes and more information at therichergeek.com/podcast.

Today we're chatting with Todd Neilson, an IT professional focused on cyber security. He's worked for major software companies such as IBM and Computer Associates and he also started his own security consulting firm which he recently sold to a private equity group. Todd has always had an entrepreneurial spirit and has owned and operated a bulk candy business, dollar stores and is actively engaged in real estate fix and flips. 

In this week's episode, he's sharing some of the big lessons he's learned from each of his entrepreneurial ventures and what he would encourage other would-be business owners to do.

Find complete show notes and more information at therichergeek.com/podcast.

We’re going through the stories and approaches of three people today. One owns a barbershop, a trucking company, and six rental properties; one invests in pre-settlement law and ran a successful eCommerce business; and one was a successful franchise owner for a popular exercise company. Each of these entrepreneurs has their own way of accumulating wealth, and each of them is inspiring and innovative.

Listen to today’s episode for a shot of motivation to create a passive income stream that works well for you. There are also some practical tips that will help you no matter which path you choose to pursue. You can create additional income while you’re still working your day job in tech, and there’s no shortage of creative ways to do so.

Find complete show notes and more information at therichergeek.com/podcast.