Wealth Science

Real estate is a people business. At the end of the day, it will all boil down to your relationships. Because the space is getting more and more competitive by the day—penetrating markets, capital raising, and closing deals will only get more accessible by connecting with the right people---the people they know, and so forth. In this episode of Wealth Science Podcast, Brandon Magierowski speaks on why you shouldn't just cookie cut from books, how overlooking market research can hurt you, how they raised $500,000 for a deal in one week, and more.

Outline of the episode:

1.    Getting into a cash-flowing asset is the first domino

2.    Every block is different!

3.    Why you shouldn't overlook red flags in underwriting

4.    Speak from experience, not just from books.

5.     Where are Real Focus Capital Investments pivoting to in 2022?

About Brandon Magierowski:

A native of Lethbridge, Alberta, Canada, Brandon came to Shreveport, Louisiana, in 2004 to join the LSU-Shreveport Pilots Baseball Program. After three years with the Pilots, Brandon graduated with a Bachelor's Degree in General Business Administration. In 2008, Brandon joined the Prairie Baseball Academy (Junior College) as an Assistant Coach before returning to the LSUS-Baseball Program in 2010 as the Graduate Assistant Coach. Magierowski's coaching position with the Pilots ended in 2011 after Brandon graduated with his Masters in Business Administration (MBA). Upon graduation in the Spring of 2013, Brandon turned his attention to hosting baseball tournaments in the deep south region to provide players a better opportunity for exposure to next-level recruiters. In 2014, Brandon aided in the creation of Diamond Dynasty (2D Sports) and was the acting CEO. Brandon currently owns 150+ units across Louisiana, Texas, and Florida and is a graduate of Multifamily University and a member of the MultifamilyU investor group. He currently resides in Shreveport, Louisiana, with his beautiful wife, Tiffany, and is a father of three boys.

Catch up with Brandon Magierowski:

Website | Real Focus

Capital Investments

Flowcode | Brandon Magierowski

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don't forget to connect with Wealth Science on LinkedIn

Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click

"Having a scarce mindset is a roadblock to success." But that doesn't always apply to everyone, Yermi says. In fact, there are tons of successful people who have a scarcity mindset. So really, what contributes to success? First, we must acknowledge that it's not all about money. In this episode of Wealth Science Podcast, Yermi Kurkus explains how optimism is the power behind attraction, why most things go back to the relationships you have, and the top three things that make a person irresistible in business.

Outline of the episode:

1.  How 'Jeremy' became 'Yermi'

2. The scarcity mindset goes beyond the money we make

3. Is attraction nothing but woohoo stuff?

4. Real estate banks on real relationships

5.     Your network is your net worth!

About Yermi Kurkus:

Yermi Kurkus was born and raised in a Jewish Orthodox community in Montreal, Canada, that put a lot of emphasis on outreach and being a productive member of society. As a child, Yermi really took to this community work and outreach. His parents and teachers told him that he could one day help people for a living as a legitimate way of earning a livelihood.

At the time, Yermi didn't really know what that meant. At first, Yermi figured that a doctor was someone that helps people for a living. So, he tried his hand at medicine, volunteering as an EMT and getting all the way to pre-med. There he realized that medicine was not going to be the way for him to "help people for a living". That is when he transferred into business; coming from an entrepreneurial family, he was going to find a way to help other entrepreneurs through business. In 2010, Yermi's wife at the time left him, took the kids, his mother passed away, and the business that he built was forced to shut down all in just 10 short days. Yermi was devastated; his entire life was falling apart in his hands. Over the course of the next 18-20 months, Yermi went to get the help that he needed and decided to volunteer his time in the prison system as community service and as a way of being a productive member of society. It was in the Prison System where Yermi discovered his love and passion for Psychology and considered becoming a therapist.

Catch up with Yermi Kurkus:

Website | Yermi Kurkus

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don't forget to connect with Wealth Science on LinkedIn

Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click

Investing in multifamily properties like apartment buildings is advantageous for their resilience. From previous recessions, this asset class gets hit the least hard and recovers fast, and also has constant demand due to shelter being a basic need, making it a favorable choice to put your money into. In this episode of Wealth Science Podcast, Brian Briscoe talks about what urged him to get out of the military and start investing in apartment buildings, where he is thriving today.

Outline of the episode:

1.     Retirement from the military to go into full-time apartment building investor

2.     Financial goals and setting generational wealth for the future

3.     Examples of a good and bad sponsor

4.     Keys to building a strong thought-leadership platform

5.     LinkedIn as a tool for networking and capital-raising

About Brian Briscoe:



Brian Briscoe is the director of marketing at Four Oaks Capital, a national real estate investment firm specializing in acquiring, repositioning, and rebranding multifamily assets through a private equity fund structure. Brian is also an active-duty lieutenant colonel in the Marine Corps, podcast host of the Diary of an Apartment Investor, and director of Tribe of Titans Multifamily Educational Community.

Catch up with Brian Briscoe:

Website | Four Oaks Capital

LinkedIn | Brian Briscoe

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don’t forget to connect with Wealth Science on LinkedIn

Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click here to join our newsletter!

DISCLAIMER: On this platform, I share my thoughts, opinions, and own journey to financial freedom. I am not a CPA, attorney, or financial advisor. The content on this platform shall not be construed as tax or financial advice. It is your duty to verify all information yourself. I hope you enjoy all the free content as we continue to bring on amazing guests.

Technology is rapidly evolving, and everything is going digital. Of course, earning money has reached that space as well. Along with it comes the boom of cryptocurrency, a blockchain-based investing system. In this episode of Wealth Science Podcast, Raju Datla talks about how his mindset towards cryptocurrency changed and its future in real estate.

Outline of the episode:

1.     Diversification through IT consulting, real estate, and cryptocurrency

2.     Cryptocurrency investing and the tokenization of real estate

3.     Centralized versus decentralized assets: what does it mean?

4.     Raju’s recommended cryptocurrency coins and platforms

5.     Ideas for goal setting in terms of personal development

About Raju Datla:

Raju Datla spent more than 25 years in the IT profession as a software developer in leadership roles. He is also a real estate investor passively and active in AirBnb and Tax Deed investing (latest venture). He is also in essential services and helps real estate investors and realtors increase their revenue. He is passionate about personal development, Mindset, and Spirituality. He is also a podcaster/YouTuber that dwells on mindset, spirituality, and entrepreneurship.

Catch up with Raju Datla:

LinkedIn | Raju Datla

Instagram | raju.datla1

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don’t forget to connect with Wealth Science on LinkedIn

Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click here to join our newsletter!

DISCLAIMER: On this platform, I share my thoughts, opinions, and own journey to financial freedom. I am not a CPA, attorney, or financial advisor. The content on this platform shall not be construed as tax or financial advice. It is your duty to verify all information yourself. I hope you enjoy all the free content as we continue to bring on amazing guests.

What most people get wrong in the tech industry are essentially the same stuff investors enter with when trying to get their hands into the real estate space. Usually, they want returns to be instant and fast. And when investing, that's just about how you sour things. In this episode of Wealth Science Podcast, Christopher Nelson talks about his experience of being a tech executive in the real estate arena, the #1 risk in passive investing, and his thoughts on lack of knowledge as a limiting factor.

Outline of the episode:

1.  Christopher's book release for the first half of 2022

2.  Christopher Nelson – the power of diversification against resisting recession

3.  Whose boots are in the ground? — your operators

4. A different take on limiting beliefs

5. There's a parallel between REI and the tech startups

About Christopher Nelson:

Christopher Nelson is the Co-Founder and Principal of Wealthward Capital, a private equity investment firm. Wealthward Capital invests in cash flowing, institutional-grade assets. His focus is meeting with operators and finding the next investment. When not out looking for opportunities, Christopher is spending time with investors educating them on building thriving passive income portfolios.

Christopher is a twenty-plus-year technology executive (2 x IPOs), real estate investor, educator, and author. He has built professional services practices, run small businesses, and helped take Splunk (SPLK) through an IPO and grow to a billion-dollar company.

Christopher has a proven track record of building strong partnerships, win-win negotiations, and finding great opportunities where others are not looking.

Catch up with Christopher Nelson:

Website | Wealthward Capital

LinkedIn | Christopher Nelson

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don't forget to connect with Wealth Science on LinkedIn

Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click here to join our newsletter!

DISCLAIMER: On this platform, I share my thoughts, opinions, and own journey to financial freedom. I am not a CPA, attorney, or financial advisor. The content on this platform shall not be construed as tax or financial advice. It is your duty to verify all information yourself. I hope you enjoy all the...

Passive income allows a lot of things for investors. In the beginning, it's a good source of extra cash. But ultimately, passive income is about reclaiming the power to take your future and your family's future finances into your own hands. In this episode of Wealth Science Podcast, Tim Krambs shares how he transitioned from single-family to commercial real estate and why living in wealth is founded on five (5) pillars—financial, physical, spiritual, emotional, and social well-being.

Outline of the episode:

1.    The experience of being in flight school during 9/11

2.     Tim Krambs – on Active Duty Passive Income (ADPI)

3.    How to leverage your pension and HELOC

4.    Is it easy to get into commercial real estate?

5.     How do you define your why?

About Tim Krambs:

As a Veteran and cross-functional servant leader with 15+ years of experience leading aviation and international security operations, Tim has spent his career building high-performing teams, solving complex technical problems, and leading strategic planning initiatives. He prides himself on being a problem-solver, taking calculated risks, and approaching challenges as opportunities, and enjoys implementing high-value technology solutions to solve the most pressing and impactful business challenges in new and inventive ways. Tim believes in servant leadership and thrives in environments where talented employees are encouraged and inspired to drive company success. He does so by being assertive, adaptive, and resilient.

Catch up with Tim Krambs:

LinkedIn | Tim Krambs

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don't forget to connect with Wealth Science on LinkedIn

Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click here to join our newsletter!

DISCLAIMER: On this platform, I share my thoughts, opinions, and own journey to financial freedom. I am not a CPA, attorney, or financial advisor. The content on this platform shall not be construed as tax or financial advice. It is your duty to verify all information yourself. I hope you enjoy all the free content as we continue to bring on amazing guests.

If you're stockpiling cash, where should you store your money that is tax-free and is not correlated to the market, so there are no market risks? In this episode of Wealth Science Podcast, Adam Doran discuss the concept behind whole life insurance, how he mapped out his resignation from a W-2, and how this approach to banking can help support any investor in real estate.

Outline of the episode: 

1. Financial advisors/planners don't tell you everything!    
2. You can strategize your exit from corporate America
3. Adam Doran – on alternative assets
4. What is the whole life insurance all about?
5. You can be your own banker, but how?

About Adam Doran:

Adam specializes in financial strategies that give YOU control by maximizing liquidity, tax-free income, and sustainable wealth. His client process is education-focused and has a unique ability to explain complex strategies in simple terms, so you can make informed financial decisions and feel confident about your future.

Catch up with Adam Doran:

LinkedIn | Adam Doran

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don't forget to connect with Wealth Science on LinkedIn

Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click here to join our newsletter!

DISCLAIMER: On this platform, I share my thoughts, opinions, and own journey to financial freedom. I am not a CPA, attorney, or financial advisor. The content on this platform shall not be construed as tax or financial advice. It is your duty to verify all information yourself. I hope you enjoy all the free content as we continue to bring on amazing guests.

Fears and doubts will always be there. As a free-falling instructor, John McElroy would know that well. But despite fears, for a veteran and investor like John, having a relentless goal-oriented mindset can equip anyone to take down one fear at a time like it's just jumping from one stone to another. In this episode of Wealth Science Podcast, John McElroy talks about the importance of having savings before investing, how he found his niche as a trader, his process of holding short-term and long-term, his views on paying yourself first, and so much more.

Outline of the episode:

1. Work ethic goes hand in hand with overall discipline!
2. John McElroy – on investing long term and wrestling some on the side
3. When to hold short term and long term
4. What is swing trading?
5. What it means to be goal-oriented

About John McElroy:

John McElroy is an experienced Special Operations service with a demonstrated history of working in the military industry. He is skilled in communication, training, management, problem-solving, leadership, and is a proven reliable and critical thinker. He is also familiar with the basics of Linux and Networking. John holds a Bachelor of Arts - BA focused in Criminal Justice and Corrections. He is ambitious and has a very well-driven, infectious personality. He meets goals with little to no resources and is a protagonist with an astounding capacity for learning new skills and abilities. John is a military veteran and is a Purple Heart Recipient, Awarded 2 Bronze Star Medals with Valor, an Air Medal, and 1 Army Commendation Medal With Valor.

Catch up with John McElroy:

LinkedIn | John McElroy

Connect with your host Jesse Futia on:

LinkedIn | Jesse Futia

Facebook | jesse.futia

Twitter | @FutiaJesse

[email protected]

Don't forget to connect with Wealth Science on LinkedIn

 Find out more about passive real estate investing by clicking here!

Interested in learning more about real estate investing? Schedule a call with Jesse!

Want to get all the updates on the Wealth Science podcast? Click here to join our newsletter!

DISCLAIMER: On this platform, I share my thoughts, opinions, and own journey to

financial freedom. I am not a CPA, attorney, or financial advisor. The content

on this platform shall not be construed as tax or financial advice. It is your

duty to verify all information yourself. I hope you enjoy all the free content as we continue to bring on amazing guest.

How many conversations do you need to have with a person to make them turn their life around? Just one. When you’re in an environment, whether you created it alone or just found yourself struggling to get out of, that gets you down to your lowest point, it leaves you with nothing to lose. Today we are joined by someone who, from using drugs and alcohol, hustled his way up and is now not only successful and financially free, but also helps other people that he finds in similar situations as he was before. He shares how it only takes one important phone call to change someone’s life and he shares how he does it. He’s the type of guy that asks people what are the positive things if they put in all the effort they could in constructing their lives, and then he asks for the negatives, next think they know is they have another person in town working their way up towards financial freedom. More about this theme and the advocacy of pulling people out of their dark places in this episode of Wealth Science, with guest Austin Linney!

Constructing your life

Austin is definitely the guy to go to if you’re looking for someone who’s had his fair share of troubles that he managed to overcome and is now working towards helping other people get back up and make them realize how if they’ve got nothing to lose, then they got so much to win. Austin believes that if you don’t position yourself, you will be positioned. This motto that he made for himself is now something that allows him to open other people’s minds to taking control of their lives. Divorce, drug addiction, alcoholism, amongst other things are merely details of an environment that makes up a part of one’s life and it will, and as Austin believes and holds true so, it will only ever last so long as you don’t try to change it.

Austin shares that he doesn’t like being asked what time he wakes up in the morning, he prefers to be asked what drives him to even get out of bed. Bringing positivity towards another person’s life is basically what saves Austin when he finds himself in a dark place. He shares how he believes in a ripple effect as well, that when your environment provides you with positive energy, you will take that energy in at some point and help rewire your subconscious mind, making you change the way you see yourself. Austin shares about the books he’s read about changing your mindset in order to be the most effective you can be.

About Austin Linney:

Austin is a former service industry veteran of 20+ years, turned serial entrepreneur, real estate investor, Performance coach. When he’s not building businesses, growing his expansive network of who’s who in the leading industries, providing massive value each week with his podcast, or helping his coaching clients achieve a breakthrough, he can be found training for and competing in Ironman Triathlons across the country.

If you're an entrepreneur, wanting to start a business, wanting to improve your mindset through coaching or you just want to have a heart-to-heart conversation about how to overcome the odds, Austin can help you get where you want to go.

Outline of the Episode:

1. [01:17] From blaming the world to taking control of it
2. [06:50] Friday Rants and Austin’s current project
3. [14:24] It only takes one important phone call
4. [19:40] If you don’t position yourself, you will be positioned
5. [25:03] Being genuine and authentic is underrated
6. [30:10] Why it’s important to rewire the subconscious mind      
7. [34:42] Book recommendations and more on life-changing
8. [37:25] The world needs more people who believe in themselves

Resources:

Austin Linney on LinkedIn

Austin’s

If you make it a goal to make yourself 1% better each day, where do you think that will bring you at the end of the month or a year? And if you strive to bring that same improvement to others, what change will that influence? Even if just a tiny fraction of humanity puts their heart into that kind of mission, what do you think will our return on impact to each other be? In this episode of Wealth Science Podcast, Suzy Sevier and Michael Barnhart talk about the books that got them into financial independence, how they make long-distance investing happen, their unique concept on returns, and why they think starting small can be a limiting belief in the real estate space. Find out what Return on Impact is all about in this episode of Wealth Science with guests Suzy Sevier and Michael Barnhart!

The Core of Long-Distance Real Estate

Rental properties require solid management. Owners must always be on top of maintenance, repairs, security, and other factors that could make or break the experience of a dwelling for the tenants. So with those considered, running 300+ units will definitely be a serious venture to take on. But, will managing from long-distance do any portfolio good if those are what's at stake at a minimum? For Suzy and Michael, long-distance REI is a 'been-there-done-that' kind of thing. For the investor-couple, it all boils down to the relationships you have. True, there will be many calls, but the connections you make and keep with people in a hyper-competitive multifamily space will determine what you can reach and scale. Relationships bridge gaps. And that is most true with brokers. Imagine this, if brokers get hold of a stellar B-class property, do you think they'll send the deal to their entire list? No! They call those closest to them first. Hear about how Suzy Sevier and Michael Barnhart make long-distance REI work in this episode of Wealth Science!

About Suzy Sevier and Michael Barnhart:

Suzy and Michael are the founders of Adventurous Real Estate Investors. They specialize in Return on Impact. Through real estate investing, they create immeasurable impacts; in their family, with their friends, in their community, with the families (residents) they serve, in the spaces where they want to be generous ... everywhere and anywhere! Suzy and Michael are triathletes, outdoor and adventure enthusiasts, and avid travelers.

Outline of the Episode:

[02:54] On the book The Slight Edge

[06:34] You don't have to start with single-family

[09:23] What people don't talk about regarding first deals

[13:43] How do you make long-distance investing happen?

[15:34] Leveraging partnerships and relationships as long-distance investors

[19:42] Suzy Sevier and Michael Barnhart – on the SOPs of closing a property

[25:46] Returning impact has a ripple effect

[29:20] When you can learn about the community, you create better communities!

[31:25] The journey to wealth is so much more than just numbers and bank accounts

[34:16] The perfect life for Suzy Sevier and Michael Barnhart

Resources:

Website| Adventurous REI

LinkedIn | Adventurous REI

Spotify | The Adventures of a...