The Wealth Elevator Podcast: Real Estate, Taxes, Investing

In this coaching call, we talked about how a high-paying professional can be financially free through syndication, with the right network and mindset.

Finishing a college degree and having a job will never be enough so you can experience a huge impact on your life.

You need to keep on searching and create an experience outside of your current working environment.

It’s inspiring to be Henry (Higher Earner Not Rich Yet) but you can always surpass that and be able to achieve more.

Meet other “Henrys” by joining the club at https://simplepassivecashflow.com/club

9:28 Henry’s Background

12:22 Salary, Savings, Investments

13:28 Networking Struggles

16:23 Investing Timeline & Lessons Learned

25:21 Life Transitions to Passive Investing

31:25 Entrepreneurial Ideas

34:19 Goal & Mission Translating to Vision & Action

41:05 Networking Scenarios

Hosted on Acast. See acast.com/privacy for more information.

Offshore investments are part of the options that the wealthy leverage to capitalize on advantages offered outside of an investor's home country.

In this week's episode, Quentin D'Souza, a Canadian-based investor and author of The Action Taker's Real Estate Investing Planner book, joined us to share his experiences about investing in the U.S. even if he’s a Canadian citizen.

Tax benefits, asset protection, privacy, and a broader range of investments are some of its advantages.

This only goes to show that opportunities are endless and it comes to those who seek them.

Join the onboarding call.

This is individualized and on a first come first serve basis.

Simply sign up at https://simplepassivecashflow.com/club

9:56 Overview of Quentin’s Investing Experience and His Investing Portfolio

15:10 Diversification: Passive Investor vs. Operator

19:13 Similarities and Differences With Investing in Canada and U.S.

26:51 How to get started investing in the U.S. as a Canadian

35:56 Significance of Building Your Network

38:37 Funding and Future Investing Goals

43:15 Common Mistakes of New Investors

47:58 What happens if the deal in the U.S. goes bad

Hosted on Acast. See acast.com/privacy for more information.

Investors who are fond of buying single-family rental home properties will find this very useful especially if you’re planning to diversify your hard-earned money yet you want to still focus on investing in real, hard assets.

Investing in private placements will let you diversify your money into different deals, different geographic areas, different partners, and different asset classes.

As a passive investor in syndications, It’s all about lowering risk!

There’s more to learn in syndications and real estate investment.

Join at https://simplepassivecashflow.com/club

9:18 What syndication or private placement exists?

13:38 Why invest in syndications instead of REITs?

23:13 Can investment be pulled out of syndication?

27:07 What is capital stack?

30:39 Common holding time for syndications

36:20 How to evaluate commercial real estate syndication as LP?

40:47 In depth: 506(b), accredited investor & SEC

52:56 Main difference between a GP and KP

1:08:11 How to determine operating budget and capex budget?

1:13:59 Course targeting LPs only

1:22:35 Rehab timetable

1:28:32 Depreciation recapture in syndication

1:38:02 Property management issues revealed

1:44:54 Investor progression

Hosted on Acast. See acast.com/privacy for more information.

In this month’s monthly market report, mom and pop landlords need to consider the current tenant’s status and continuous rise in rental fees since they need to react accordingly and not bend over backward in order to accommodate tenants and have rental income.

We’re on a bull market and inflation is high.

It’s still evident that you need to get your money out of lazy equity and invest it in a market where it will yield more than inflation.

Join us in our fun “cult”, investing in real hard assets.

Visit https://simplepassivecashflow.com/journey for more details.

Hosted on Acast. See acast.com/privacy for more information.

With the current bonus depreciation laws, you don’t need to consider 1031 for your real estate property. Besides, it’s impractical to do 1031 due to the legal and tedious process so syndications will not consider dealing with you.

Invest your money the right way, consider tax strategies that will benefit you, and never forget to build relationships with people that may be able to help you get from point A to point B in your investing journey.

Learn more about what it takes to be an investor.

Join us at https://simplepassivecashflow.com/club

Hosted on Acast. See acast.com/privacy for more information.

Are you connected with an investing community that is like-minded and who thinks outside of the box?

Jim Pfeifer, one of the founders of Left Field Investors, spoke of the impact if you join a network or community so you can work together in navigating the challenging world of passive investing, real estate, and syndication.

Simple but true: Two minds are better than one.

Start learning, ask us questions, and book a coaching call with us.

Email us at [email protected]

Hosted on Acast. See acast.com/privacy for more information.

What’s life without negativity?

In today’s podcast, Rick Blangiardi, Mayor of Honolulu, Hawaii, discusses positivity in leadership, living in alignment with your values, and conquering the world with vigor and determination.

Living a life full of mission and giving back to the community is what he upholds up to this day.

Money can be a means to live for others.

To him, it is a path to freedom doing what he loves best.

Check out simple passive cashflow’s mission at https://simplepassivecashflow.com/mission

It’ll help you get out of the rat race.

Hosted on Acast. See acast.com/privacy for more information.

A new year and another monthly market update!

This January 2022 monthly market update we’re taking a look at how inflation affects you and the rental properties, how the U.S. economy isn’t slowing anytime soon, and will keep on kicking even during this time. Construction, interest rates, and active adult sector contribution, all affect investing in real estate.

All monthly market updates are archived!

You can go back and check out past and future market updates,

simply visit https://simplepassivecashflow.com/investorletter

00:30 What is inflation? Will it affect you?

08:00 Multifamily Investment Volumes in Sunbelt

10:07 Strong Performance During Financial Crisis for the Active Adult Sector

14:18 Construction Activity Today

17:00 Interest Rates Going Up. Does it matter?

22:47 Texas Hot Single Single Family Market

26:26 U.S. Economy Is Strong Amidst Pandemic

29:32 Business and Personal

Hosted on Acast. See acast.com/privacy for more information.

It’s the start of the new year!

And while most people are listing their new year’s goals, in today’s episode, we talked to Trish Ahjel Roberts of mindblowinghappiness.com on how to live a less-stress (manageable stress) life even if you’re a busy working professional or entrepreneur.

Note that you can achieve success and happiness at the same time.

If you guys want to be happier, book an onboarding call, and let’s connect.

Visit simplepassivecashflow.com/contact

11:28 First Stress Buster: Tap into your hobbies

13:00 Power of Journaling

18:32 Third Stress Buster: Organizing charitable works

22:33 Fourth Stress Buster: Connect and be connected

26:10 Difference between spirituality and religion

27:12 Between coaching and therapy, which one to choose?

Hosted on Acast. See acast.com/privacy for more information.

Nobody can be prepped for the passing of someone close to you, whether it is a family member or a dear friend.

In today’s episode Annette Kam, author of WAIT–Don’t Die Yet!, shared how you can prepare yourself, and most especially your loved ones, in the uneventful reality of death.

Yes, it’s good to live a fruitful life BUT it would be better if you’ll leave a stress-free exit to those who you'll leave behind.

Wake up!

In this approach, getting prepared is the first step.

Read on more pertinent information surrounding this topic at simplepassivecashflow.com/legacy

Hosted on Acast. See acast.com/privacy for more information.