Wealth Science

There's a reason why cryptocurrencies may never fade. Think about this: traditional currencies can lose more and more value overnight in countries with hyperinflation. As a result, these parts of the society can have no means to purchase gold, bonds, and other assets that retain value. But what do these countries have in common with others? Smartphones! And what can smartphones do? Mine crypto! In this episode of Wealth Science Podcast, James Martin talks about how he helps dentists utilize a safe and sensible way into crypto, what crypto investors should be paying attention to, what banning cryptocurrency can mean for invasive governments, and so much more.

Outline of the episode:

1.  Understand money first, then crypto!
2. The most simple books are the best ones to start with
3. The importance of knowing when to get in and when to get out
4. Why do people call the blockchain 'Web 3.0'
5. James Martin – on people who are scared of dentists

About James Martin:

Dentists Who Invest is a community group founded by James Martin in 2020. This group seeks to empower dentists to make good monetary choices through education and knowledge sharing. Through this, we seek to improve the financial, emotional, and mental wellbeing of the dental community. James Martin is a dentist who qualified from the University of Leeds in 2016 and grew up in Northern Ireland. James has a longstanding interest in crypto and its potential to change the world. He has been actively trading crypto for several years as a hobby allowing him to gain strong knowledge on the matter. Through his successes in trading, he is able to share his experience on the subject for others to benefit from.

Catch

up with James Martin:

Website | Dentists Who Invest

LinkedIn | James Martin

YouTube | jmartinftw

Facebook| James1Martin

 How to Own the World by Andrew Craig

The Gone Fishin' Portfolio by Alexander Green

Think and Grow Rich by Napoleon Hill

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

Truck stops offer fuel, food, and lounging for motorists and truck drivers on roadsides. These commercial facilities thrive on the turnover of customers that travel long-distance. But despite what this business model can give to drivers, truckers still face a shortage of conducive parking spaces in the United States. In this episode of Wealth Science Podcast, Mike Bell talks about his views on passive income, networking, mentorship, the demand for parking lots, and the real estate and operation side of investing in parking spaces.

Outline of the episode:

1. Mike Bell – on breaking through after not giving up
2. Plan, talk to a lot of people, and find value!
3. Operating a parking lot – how it works
4. The revenue breakdown of an average parking lot
5. Truckers need more parking spaces

About Mike Bell:

Michael Bell is a Chief Petty Officer in the United States Navy. In his off-duty hours, Michael invests in income-producing parking lots and structures. He also connects veterans with jobs in the parking industry.

Catch up with Mike Bell:

Website | Veterans

in Parking (ViP)

LinkedIn | Michael Bell

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.

Looking at your financial standing can be the same as your physical health. Both aspects demand you to assess what you consume and what comprises your behavior. For a former bodybuilder, the adage "financial literacy is a muscle" can't ever be any more true. In this episode of Wealth Science Podcast, Jerry Fetta talks about the challenges of growing up with an unhealthy outlook on money, the difference between currency and money, what financial literacy includes in your learning journey, and his take on gold.

Outline of the episode:

1. Jerry Fetta – on realizing that 'the dollar is not backed by anything!'
2. You can look at financial health the same way as physical health
3. Finance compels you!
4. Where does our tax code come from?
5. On gold and store values

About Jerry Fetta:

Jerry Fetta is the owner and founder of Wealth DynamX. He has helped clients all over the country simplify their money, so they can stop losing money to financial institutions and ultimately USE their money to build wealth now. In addition to being a business owner, Jerry is also a husband to his wife and a business partner. They have two dogs and a cat they like to spend time with together. Jerry also loves fitness and working out. He was a competitive bodybuilder for years and still lifts today. Aside from finances, business, fitness, and time with friends and family, he spends about 12-15 hours per week studying. He likes to study books on human behavior, finances, and biographies from those before him. Jerry lives his life in pursuit of helping others become truly financially free so they can live the lives they dream of instead of the lives they can merely afford.

Catch up with Jerry Fetta:

Website | Wealth DynamX

LinkedIn| Jerry Fetta

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!

Investors don't only invest with money; they also invest using values. This is why investors can vary so much in style and preference from one another. But if you ask Denis if he's got anything to say to someone who's got all of his pockets thrown in the stock market, "alternative investments" is most probably the response you'll get. In this episode of Wealth Science Podcast, Denis Shapiro talks about his first experience with single-family homes, the "AHA!" moments of crowdfunding, his takeaway from Robert Kiyosaki's Rich Dad Poor Dad, and why you need to hear more about alternative investments.

Outline of the episode:

1. An element of W-2s that pushed Denis towards entrepreneurship
2. The first single-family home was terrible 10x
3. What do you need to get into if you're 100% in the stock market?
4. The betting process of operators
5. Denis Shapiro – the world is too political!

About Denis Shapiro:

Denis began investing in real estate in 2012 when the market was just beginning to recover from the global financial crisis. He went on to build a cash-flowing portfolio that includes many alternative assets, such as note and ATM funds, mobile home parks, life insurance policies, tech start-ups, industrial property, short-term rentals, and more. He also co-founded an investment club for accredited investors in 2019. Leveraging these successes and the lessons learned throughout his career, Denis launched SIH Capital Group, an alternative investment fund that provides accredited investors with a simplified strategy to invest for passive income. Denis' book, The Alternative Investment Almanac: Expert Insights on Building Personal Wealth in Non-Traditional Ways is based on his personal experiences, supplemented by interviews with some of the best alternative asset investors in the business today.

Catch up with Denis Shapiro:

Website | SIH

Capital Group

LinkedIn

| Denis Shapiro

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!

In the case of Ed Epperson, it took three years to eliminate his major limiting beliefs and change his mindset in investing and private lending. One limiting belief, and is also the most common mistake in private lending, is believing that you can’t do private lending just because you lack the money. In this episode of Wealth Science Podcast, Ed Epperson talks about his introduction to private lending, his biggest challenge as a private lender, his perspective on mitigating risks, what he thinks is the greatest risk mitigant during market unknowns, and so much more.

Listen to the difference between mitigating risks and being risk-averse in this episode of Wealth Science with guest Ed Epperson!

The Bedrock of a Military Investor

Looking back at his experience in the military, Ed admits that being in the military is not an easy thing to juggle other things with. It is not an easy nut. But despite the military giving him his number one struggle with time freedom, still, it’s also undeniable that it has provided him a prime skill as a real estate investor and private lender. Ed’s biggest takeaway from the military is his ability to mitigate risks.

For clarity, mitigating risks is not being risk-averse. Generally, people always avoid risks. But between the two, for Ed, there’s a big difference. Mitigating risks include recognizing the risk, acknowledging it, and finding out how you can control it and cover its downsides. When it can’t be eliminated, Ed has also learned how to shift control so that he’s not the one assuming the risk beyond what he’s capable of mitigating.

Find out Ed Epperson’s thoughts on

chasing returns in this episode of Wealth Science!

About Ed Epperson:

From Green Beret to

Private Fund Manager, Ed Epperson is a follower of Jesus, a husband, father, Veteran and business owner. He manages his investor's capital by deploying investments secured to real estate in reduced risk loans primarily in 1st position along with purchasing properties for fix and flip as well as short and long term rentals.

Ed loves what he does for the simple fact he is able to show his capital investors how they can do WELL (make a good return on their money) and do GOOD (make a positive impact in other's lives). He truly believes in doing well and doing good and that investors can accomplish both through their investments. Ed is focused on giving back to his local community as well as supporting veteran charities and organizations, of which his heart truly beats for.

Continuing along the line of thought of giving back, Ed also hosts a podcast and educational platform, "The Sophisticated Investor" which is focused on teaching and training their members on how to invest in the four primary markets and ultimately teach them how to think and invest like the bank. This investing method has built wealth for the 1% in America for generations and he is driven to unlock its potential in others' investment strategies as well.

Outline of the Episode:

[02:15] Ed Epperson – I grew up in the military

[05:13] There’s not just one solution to one problem

[10:17] Military is a hard hard nut!

[15:11] Can you do private lending even if you don’t have the money?

[20:43] Everything happens fast but it all takes...

For Eric, avid podcast listeners must look into the guests they listen to more than just listening to what they have to share. For one, Eric believes that he is a plain and simple example of how anybody can do what he did as an investor. Just like his listeners, Eric embraces his regularity. And just like any regular dude, if it was possible for him, it is possible for you too. In this episode of Wealth Science Podcast, Eric Upchurch shares his story of becoming an accidental landlord, the importance of commitment and coachability to success, what they aim to achieve in ADPI as its co-founder, and so much more.

Take away a standard for communication in this episode of Wealth Science with guest Eric Upchurch!

Eric on being an over communicator

When you're in a business where you regularly check with lawyers, talk to SCC attorneys, and talk to lenders all the way up to closing, communication is a massive part of success. And that communication should be embedded in all teams. For Eric, that is non-negotiable. As a leader of teams, communication is a must for all of his members in every part of the transaction.

For a team to be a successful mechanic to any business, Eric believes that everyone must learn to constantly push in information. He, or any leader, shouldn't have to continually pull out data from key team members and updates regarding integral processes. "Hey, I just completed this task" is significantly different from having to be asked, "Hey, did you finish that task?"

What does Eric Upchurch use to address veteran homelessness? Find out in this episode of Wealth Science!

About Eric Upchurch:

Eric Upchurch is an Army Special Operations veteran who grew up in Central Iowa, where he learned at an early age that if you want something, you need to work for it. Following an opportunity, he relocated to California with a friend immediately after high school, attended culinary school, junior college, and ultimately transferred to UC Santa Barbara, where he met his wife.

After graduating, Eric joined the Army, where he served for six years in Savannah, GA. While managing a squad of 27 Soldiers, Eric completed a Masters's degree in Aeronautical Science in 2010.

As part of the Active Duty Passive Income team, Eric has a passion for educating the military community on how to create long-term wealth through real estate investing while personally investing across the country for the last fourteen years.

Eric has been involved in Self-Directed IRA investing, private lending, first trust deeds, tax liens, mobile home parks, multifamily syndications, live-in flips, single-family flips, storage units, turnkey buy-and-hold properties and is now invested in over 1100 apartment units as both a General and Limited Partner.

Eric's life purpose is to educate, empower and help people grow. He is excited at each opportunity to help both active duty and veterans learn how to start investing in real estate and starting the journey towards financial freedom and has pledged to help end Veteran homelessness this decade. In 2020, his team began donating homes to Veterans Community Project.

Outline of the Episode:

[02:19] Podcasts guests aren't any different from listeners

[04:36] Eric Upchurch – on choosing to get enlisted and the doors it opened

[09:28] I became an accidental landlord like most military members

[12:14] First, are you coachable?

[16:34] There are backup plans but don't rely everything on them

[21:17] The most challenging part of progress is zero to one

[26:33] Eric Upchurch – I'm an over communicator

[31:41] The similarity among the industry's top real estate investors

[34:37] ADPI is an educational company

[37:43] Our education system was designed to pump out good W-2 employees

Resources:

Being a part of huge teams can make acquiring million-dollar complexes easy for everyone in multifamily. On the contrary, mobile home parks have a different value proposition. When given a chance, the opportunity of changing people's lives in this asset class is something no nobleman can shy away from. In this episode of Wealth Science Podcast, Beau Wiltshire talks about the reason why he got into mobile home park investing, how he builds his team, his approach to asset management and rent increasing, and his views on quitting and ownership.

Mobile home parks are bridges from what? Find out in this episode of Wealth Science with guest Beau Wiltshire!

See Something, Do Something

Toward the end of each episode, Jesse always asks his guests a specific question. "If there's one problem in the world that you could solve, what would it be?" Beau took a second before sharing his thoughts about the question. After collecting his thoughts, Beau gave the question an answer that's significantly different from the answers that Jesse usually gets from guests.

For Beau, if he could, he'd fix the problem around self-reliance in normality. He believes that a lot of what is happening in his country today is people deferring so much responsibility on different issues. If you're trusting 535 people in congress to make everything great for you, your family, and your community, then you might be on the wrong spot, he adds. He believes it will be us, the people, who will start, make possible, and make all real change happen.

Hear from Beau Wiltshire's Psychology of Quitting in this episode of Wealth Science!

Robert "Beau" Wiltshire is an active duty Soldier in the U.S. Army with over 14 years in Special Operations. He has extensive experience in project management and the execution of complex tasks across a wide range of conditions. Considered an expert in his field, he has been entrusted with a Top Secret Security Clearance since 2003 and numerous programs critical to the security of the nation as part of U.S. Special Operations Command.

Investing in real estate since 2009, he began with single-family homes that he self-managed and maintained. In that time, Robert developed numerous best practices to ensure tenants were satisfied, resulting in longer-term leases and greater profitability. In early 2020, at the height of the COVID-19 pandemic, he partnered and raised capital to purchase their first mobile home park.

Through a well-executed business plan, he completed a complex utility conversion, rent increase to market level, and ultimately increased the park's value by 95 percent.

Outline of the Episode:

[01:36] Mobile home parks correlates to who we are as investors

[04:14] Reading Rich Dad Poor Dad in 1999

[07:20] Beau Wiltshire – on stumbling upon the best performing asset class

[12:14] A Bridge from The Failures of Government Housing

[16:50] Find what you're good at and build a team of people who are good at what you're not

[20:44] Asset Takeover: Day 0 to 30 of Asset Management

[24:19] Make the tenants the heroes of their own stories

[31:00] The Psychology of Quitting

[33:21] Investing in your wealth is a marathon—not a sprint!

[33:42] Beau Wiltshire – on self-reliance and ownership

Resources:

Website| Fortify Capital Group

LinkedIn| Beau Wiltshire

Connect with your host Jesse Futia on:

LinkedIn| Jesse Futia

We hardly hear about retail shopping centers. Why? Because it’s always about multifamily. In an industry where everybody’s into multifamily, we can only wonder how someone can possibly get disillusioned with multifamily investing. In this episode of Wealth Science Podcast, Anthony Pinto shares his life as an active duty real estate investor, how retail shopping centers become eCommerce proof, why you should invest in community-scale retail centers, the common challenges for incoming investors, what investors do not look into when linking with potential partners, and so much more.

Why invest in retail shopping centers? Find out in this episode of Wealth Science with guest Anthony Pinto!

The Life of a Retail Shopping Center Investor

Being a real estate investor in and of itself requires genuine hard work. But, for Anthony, an active duty who invests all the way from Japan, it is levels and levels higher. During his early years as an investor, Anthony focused heavily on multifamily deals. His first-ever property was a quad under a VA loan. Now, he advocates and invests in small-scale retail shopping centers at the community level of different localities. So how does an active duty submarine officer do it?

Most of the time that people spend doing deals in America, Anthony spends sleeping. Because of this, communication is a challenge. To go above the problem, Anthony puts in tremendous willpower to adjust his lifestyle and keep these deals rolling. He wakes up four-thirty in the morning, spends hours from five to seven to attend calls, then leaves for his actual W-2 in the navy for another eight hours of work. Life is hectic, Anthony admits. But why does he do it? For him, it goes back to “if not me, then who?”

Find out what potential Anthony Pinto finds in retail shopping centers in this episode of Wealth Science!

About Anthony Pinto:

Anthony Pinto is the Founder and Principal of Pinto Capital Investments and is a successful entrepreneur, apartment building syndicator, and an Active Duty Submarine Officer who invests long-distance. Some of his hobbies outside of work are spent on running, hiking, and reading.

Outline of the Episode:

[02:24] I didn’t want to stay in the navy for the rest of my life.

[05:29] A lot of expensive lessons learned

[12:51] The challenges of a neophyte real estate investor

[15:33] Anthony Pinto – on what investors gauge and how to partner up

[21:09] Coming out of COVID, is retail going to work?

[25:43] What do cap rates reflect in a property?

[29:30] Dealing with multifamily and retail shopping centers

[35:49] How can you improve a retail shopping center’s value?

[40:14] Anthony Pinto – on why choose to be a long-distance real estate investor?

[43:10] What world problem does Anthony want to solve?

Resources:

Resources:

Website| Pinto Capital Investments

Facebook| Pinto Capital Investments

LinkedIn| Anthony Pinto

[email protected]

Connect with your host Jesse Futia on:

LinkedIn| Jesse Futia

When you're a tested ace in the field of sales, regularly bagging deals after deals is common. Knowing how to channel that ability in real estate can create so much potential. In this episode of Wealth Science Podcast, "Acquisitions Master," Marty Grizzanti speaks about their acquisition process, the value behind cold calling, the compelling aspects of investing in mobile home parks, BRRRR vs. FLIP, the business models for home buyers, and so much more.

Repetition is key in what aspect? Learn in this episode of Wealth Science with guest Marty Grizzanti!

The Morning Momentum

In the episode, Jesse and Marty found similarities in how they started their average day. As they discuss their routines, the two share the activities they do the very moment after waking up. For Jesse, drinking water and breaking off sweat is critical. And that's pretty understandable for anyone with a military background. On the other hand, Marty mentions a set of activities he likes to check off his list as he starts his miracle mornings. These activities compose the acronym S.A.V.E.R.S.

The acronym isn't Marty's original; it is a well-known technique many high-performing individuals use on the internet. It is read as 'SAVERS,' which stands for silence, affirmation, visualization, exercise, reading, and scribing. Marty uses the technique right in order as intended. He starts by meditating, followed by words of affirmation, then a visualization of what he wants to achieve, followed by his program of exercise, a chapter of reading, and finishes it off with a bit of writing or journaling. Accomplishing these early in the morning allows Marty a tremendous deal of momentum that enables him to finish off the rest of the day powerfully.

Find out how Marty Grizzanti perceives momentum in this episode of Wealth Science!

About Marty Grizzanti:

Martin Grizzanti is one of the partners at Roc Capital Group, LLC and is the owner of Suplex Properties, LLC. He has been a guest on the Roc City REI podcast with Shane and Wealth Through Wholesaling. Martin is a full-time investor with a hunger for learning that will never cease.

Currently, he rents out 75 units in Syracuse, Rochester, and Greece, NY. Martin's ultimate real estate goal is to be worth 30 million by the age of 30. He is constantly on the search for lenders and off-market deals.

Outline of the Episode:

[02:17] Starting in sales helped us so much in real estate

[07:17] Marty Grizzanti – on the business models for home buyers

[10:42] We're basically getting one contract a day

[15:23] The stories behind the distressed properties

[19:55] How do you conduct due diligence in a quick close?

[24:52] What drew Marty into mobile home parks?

[29:19] The Law of the First Off-Market Deal

[37:50] What does Marty Grizzanti's morning look like?

[41:16] What's a perfect garbage plate?

[44:58] The perfect life for a Marty Grizzanti

Resources:

Website| WeBuyHomesRoc

LinkedIn| Marty Grizzanti

Facebook Group | Real Estate Power Play

Facebook| marty.grizzanti

YouTube| Real Estate Power Play

YouTube| Marty Grizzanti

Understanding discretionary income may have to be the very first step to take if you want to dabble into passive income. And that's something Seneca was able to diversify into multiple income streams like real estate, car rentals, and crypto. Listening to his story may just be your eye-opener to the many possibilities your extra income can achieve. In this episode of Wealth Science Podcast, Seneca Pena-Collazo explains how he got immersed in real estate, why crypto is not all just about appreciation, why you shouldn't be sleeping on Tiktok, and how setting conditions early help you scale more quickly.

Listen to how one bounces back from a corona crash in this episode of Wealth Science with guest Seneca Pena-Collazo!

When Random Coins Come Out of Nowhere – Be Smart!

As per Statista, today, there are nearly over 6,000 cryptocurrencies available on the market compared to just the handful of pioneers that existed in early 2013. However, the site also notes that 'a large portion of these cryptocurrencies might not be that significant' compared to the major ones that today's generation invests in. For Seneca, these coins will only continue to grow in variety. And when you have random altcoins coming out of thin air, one needs to be critical.

To be critical when it comes to altcoins or alternative coins, an investor needs to know how to study a crypto coin the same way stocks are analyzed. For one, you can use fundamental analysis on a coin. From there, you can determine whether the currency is undervalued or overvalued as an asset. You can also technically analyze a coin using charting patterns, statistical indicators, or both. Another way is sentimental analysis. By observing the participants' overall attitudes, you can understand the amount of hype or fear surrounding a specific cryptocurrency and how it will help inform and influence price movements.

Find out what analysis Seneca Pena-Collazo used at the beginning in this episode of Wealth Science!

About Seneca Pena-Collazo:

Seneca Pena-Collazo is an experienced officer with a demonstrated history of working in the military industry. He's skilled in strategy development, leader development, intelligence analysis, government, advertising, event management, and operational planning. Seneca has strong military and protective services and is a professional with Masters degrees in national security studies, international relations, and human resource management.

Outline of the Episode:

[02:50] Seneca Pena-Collazo – I just needed to get out of this credit card debt

[04:50] That's where the bug bit me

[09:23] Be careful what you put out to the universe!

[14:38] Started with single-family then scaling up…

[19:28] Seneca Pena-Collazo – on getting into rental cars

[24:19] What gave birth to cryptocurrencies?

[27:49] What if you put your money into a savings account vs. crypto

[35:40] How do you analyze coins that aren't as mainstream as bitcoin?

[40:02] Seneca Pena-Collazo – side hustles for a godson

[44:44] How powerful is family support?

Resources:

LinkedIn | Anthony Pinto

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

Interested in learning more about passively investing in real estate? Click here!

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