In this engaging conversation, Tom Rauen, known as the Fast Food Landlord, shares his unique journey from running ultra marathons to becoming a successful entrepreneur in the real estate and custom apparel industries. He discusses the mental and physical challenges of ultra marathons and how those experiences translate into business resilience. Tom also delves into the inception of his company, 1-800-T-Shirts, and his remarkable achievement of breaking a Guinness World Record. He highlights the importance of relationships in real estate, the shift to commercial properties, and the resilience of retail in today's market. Throughout the conversation, Tom emphasizes the significance of daily habits, continuous learning, and maintaining a balanced life while managing multiple ventures.

Takeaways

• Tom Rauen is the CEO and founder of 1-800-T-Shirts and Rauen Capital.
• He runs ultra marathons to push his mental and physical limits.
• The challenges faced in ultra marathons parallel those in business.
• Tom's first real estate deal was a challenging fourplex with difficult tenants.
• He transitioned to commercial real estate for more passive income.
• Tom broke the Guinness World Record for wearing 247 t-shirts at once.
• Retail is evolving, and physical stores still hold value.
• Building relationships is crucial in real estate transactions.
• Daily habits, including early workouts, are key to Tom's success.
• Continuous learning from influential books shapes Tom's entrepreneurial journey.

Chapters

00:00 Introduction to Tom Rauen

03:05 The Journey of an Ultra Marathon Runner

05:54 Lessons from Running and Business

09:10 Starting 1-800-T-Shirts

11:56 The Guinness World Record Experience

15:08 Transitioning to Real Estate

20:56 First Real Estate Deal Challenges

26:09 Commercial Real Estate Insights

29:03 Creative Financing and Property Acquisition

31:53 Tenant Mix: Balancing National and Local Brands

35:02 Portfolio Strategy: Focus on Iowa and Diversification

38:29 The Resilience of Retail: Adapting to Market Changes

42:11 The Value of Community: Supporting Local Businesses

45:05 Balancing Life and Business: The Importance of Team

46:53 Daily Habits of a Successful Entrepreneur

49:23 Timeless Wisdom: Learning from Historical Figures

51:48 Dream Tenants: Fast Food Favorites

53:22 Future Aspirations: Continuous Growth and Learning

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❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this engaging conversation, Tom Rauen, known as the Fast Food Landlord, shares his unique journey from running ultra marathons to becoming a successful entrepreneur in the real estate and custom apparel industries. He discusses the mental and physical challenges of ultra marathons and how those experiences translate into business resilience. Tom also delves into the inception of his company, 1-800-T-Shirts, and his remarkable achievement of breaking a Guinness World Record. He highlights the importance of relationships in real estate, the shift to commercial properties, and the resilience of retail in today's market. Throughout the conversation, Tom emphasizes the significance of daily habits, continuous learning, and maintaining a balanced life while managing multiple ventures.

Takeaways

• Tom Rauen is the CEO and founder of 1-800-T-Shirts and Rauen Capital.
• He runs ultra marathons to push his mental and physical limits.
• The challenges faced in ultra marathons parallel those in business.
• Tom's first real estate deal was a challenging fourplex with difficult tenants.
• He transitioned to commercial real estate for more passive income.
• Tom broke the Guinness World Record for wearing 247 t-shirts at once.
• Retail is evolving, and physical stores still hold value.
• Building relationships is crucial in real estate transactions.
• Daily habits, including early workouts, are key to Tom's success.
• Continuous learning from influential books shapes Tom's entrepreneurial journey.

Chapters

00:00 Introduction to Tom Rauen

03:05 The Journey of an Ultra Marathon Runner

05:54 Lessons from Running and Business

09:10 Starting 1-800-T-Shirts

11:56 The Guinness World Record Experience

15:08 Transitioning to Real Estate

20:56 First Real Estate Deal Challenges

26:09 Commercial Real Estate Insights

29:03 Creative Financing and Property Acquisition

31:53 Tenant Mix: Balancing National and Local Brands

35:02 Portfolio Strategy: Focus on Iowa and Diversification

38:29 The Resilience of Retail: Adapting to Market Changes

42:11 The Value of Community: Supporting Local Businesses

45:05 Balancing Life and Business: The Importance of Team

46:53 Daily Habits of a Successful Entrepreneur

49:23 Timeless Wisdom: Learning from Historical Figures

51:48 Dream Tenants: Fast Food Favorites

53:22 Future Aspirations: Continuous Growth and Learning

Here's the link to my book: Value Over Volume
Want to learn more about CRE? 
CRE Course
Use Code for 10% off: tanhtruong 
🔋 Support My Channel 🔋

Bitcoin: bc1pe8ejjypqem83tupwurs68jlchwsh0889mfjgpxss7xentgcfwkpstv5y2h

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📷 IG: http://www.instagram.com/pro_tanh

🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/

❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this engaging conversation, Joe Fairless shares his journey from being one of the youngest VPs in advertising to becoming a successful real estate investor. He discusses the pivotal moments that led him to make significant career changes, the importance of partnerships, and the role of mentorship in his life. Joe also delves into his writing process for his books, his daily routines that contribute to his discipline, and his mastery of public speaking. Throughout the discussion, he emphasizes the value of community building in real estate and the lessons learned from starting over.

Takeaways

• Writing a book requires understanding the reader's perspective and dedication.
• Daily routines and discipline are key to maintaining focus and achieving goals.
• Public speaking skills can be developed through practice and preparation.
• Life's challenges are expected and should be embraced as part of the journey.
• Building a community enhances the learning experience in real estate.
• Starting over requires leveraging knowledge and building relationships from scratch.
• The secret to living is giving, and life is meant to be challenging.

Here's the link to my book: Value Over Volume
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📷 IG: http://www.instagram.com/pro_tanh

🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/

❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this engaging conversation, Joe Fairless shares his journey from being one of the youngest VPs in advertising to becoming a successful real estate investor. He discusses the pivotal moments that led him to make significant career changes, the importance of partnerships, and the role of mentorship in his life. Joe also delves into his writing process for his books, his daily routines that contribute to his discipline, and his mastery of public speaking. Throughout the discussion, he emphasizes the value of community building in real estate and the lessons learned from starting over.

Takeaways

• Joe Fairless transitioned from advertising to real estate due to a lack of fulfillment.
• Partnerships are essential for success in business; no one can do it alone.
• Mentorship has played a crucial role in Joe's personal and professional growth.

Here's the link to my book: Value Over Volume
Want to learn more about CRE? 
CRE Course
Use Code for 10% off: tanhtruong 
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📷 IG: http://www.instagram.com/pro_tanh

🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/

❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this engaging conversation, Tanh Truong interviews Pat Hiban, a prominent figure in the real estate industry, known for his entrepreneurial spirit and success in various ventures. Pat shares his journey from being a top real estate agent to founding multiple companies, including GoBundance, a mastermind group for high-achieving individuals. He discusses the lessons learned from his failures, the importance of profit margins in business, and the value of networking and personal development. The conversation also touches on daily habits for success, balancing work and family life, and the significance of hiring the right people. Pat's insights and experiences provide valuable lessons for aspiring entrepreneurs and those looking to succeed in their careers.

Takeaways

• Pat Hiban is a pioneer in the real estate industry.
• Success requires hard work and a strong work ethic.
• The importance of profit margins in business ventures.
• Networking and connecting with people is crucial for success.
• Daily habits and environment influence motivation and health.
• GoBundance was created organically through shared values.
• Adventure and experiences are key components of GoBundance events.
• Balancing work and family requires effective delegation.
• Hiring the right people is essential for business growth.
• Reading and learning from others' experiences is vital for personal development.

Here's the link to my book: Value Over Volume
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📷 IG: http://www.instagram.com/pro_tanh

🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/

❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this conversation, Bob Burg, co-author of 'The Go-Giver', shares insights into the principles of giving and receiving value in business and life. He discusses his journey from a struggling salesperson to a successful author and speaker, emphasizing the importance of internal growth and understanding human nature. The discussion covers the five laws of stratospheric success, the challenges of receptivity, and the relevance of these principles in today's fast-paced, tech-driven marketplace.

Takeaways

• Success is an inside job that begins in the mind.
• The Go-Giver philosophy emphasizes giving value to others.
• The law of receptivity is often the hardest to adopt.
• Understanding human nature is crucial for success.
• Money is a reward for providing value, not the target.
• Giving and receiving are two sides of the same coin.
• Real-life examples illustrate the power of go-giving.
• The principles of go-giving remain relevant in today's market.
• Technology should enhance human connection, not replace it.
• Continuous learning about prosperity is essential.

Chapters

00:00 Introduction to The Go-Giver

02:10 Bob Burg's Journey to Sales Success

05:52 The Inspiration Behind The Go-Giver

12:13 Understanding the Five Laws of Stratospheric Success

17:59 The Challenge of Receptivity

24:11 The Role of Technology in Go-Giving

29:57 Conclusion and Key Takeaways

Here's the link to my book: Value Over Volume

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📷 IG: http://www.instagram.com/pro_tanh

🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/

❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this conversation, Tanh interviews Anne-Michelle, a visionary in real estate investment, focusing on innovative projects in Panama. They discuss the benefits of investing in real estate, particularly in senior housing, and the unique opportunities available in Panama. Anne-Michelle shares insights on financing, legal considerations, and the cultural landscape of Panama, as well as the impact of COVID-19 on the region. The conversation highlights the potential for growth in the Panamanian real estate market and offers advice for investors looking to diversify their portfolios.

Takeaways

• Anne-Michelle is passionate about helping people live purpose-driven lives.
• Investing in Panama offers unique tax benefits for foreigners.
• The senior housing project aims to redefine elder living.
• Financing in Panama differs from the U.S., with fewer mortgage options.
• The anticipated cost for the senior housing project is around $7 million.
• There is a significant gap in the senior housing market in Panama.
• Cultural diversity in Panama enhances the living experience.
• COVID-19 restrictions were manageable in rural Panama.
• Insurance in Panama is affordable but harder to obtain.
• The Panamanian real estate market is expected to boom in the coming years.

Chapters

00:00 Investing in Panama: An Overview

01:32 Project Development: Active Agers Community

04:40 Financing and Partnership Structures

07:23 Market Gaps and Opportunities in Senior Housing

10:24 Legal and Regulatory Considerations

13:44 Risk Management in International Real Estate

16:29 Cultural Insights and Cost of Living

19:21 Insurance and Natural Disaster Preparedness

22:24 Taxation in Panama for Expats

25:45 The Future of Panamanian Real Estate

29:01 Infrastructure Developments and Tourism Growth

31:34 Investment Opportunities in Panama

35:19 Healthcare in Panama: A Comparative Insight

38:50 Investment Project Overview and Opportunities

Anne's LinkedIn: https://pa.linkedin.com/in/cr8grtsuccess

Anne's Website: https://www.passive-profit-partners.com/

Here's the link to my book: Value Over Volume
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CRE Course
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❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this episode, Tanh dives headfirst into the world of short-term rentals with none other than Mike Brockway, a real estate pro with a wealth of experience. Whether you’re just starting out or looking to refine your strategy, this episode is packed with actionable insights to help you crush it in the short-term rental game.

Here’s what we cover:

• Introduction to Short-Term Rentals: Why this market is booming and how to get started.
• Mike Brockway’s Journey: From his first deal to becoming a short-term rental expert.
• Understanding the Market: What makes a property a winner in this space.
• Financing Your First Property: Tips to secure funding and get your foot in the door.
• Creative Strategies: How to stand out in a competitive market.
• Managing Costs and Furnishing: Balancing quality and budget to maximize ROI.
• Navigating Risks: Dealing with market saturation and staying ahead of the curve.
• Customer Satisfaction: The art of handling reviews and keeping guests happy.

If you’ve ever thought about jumping into short-term rentals, this episode is your roadmap. Tune in and learn how to build a profitable, sustainable business in this exciting space!

Follow Mike's journey on Instagram: @mbrockway120

Here's the link to my book: Value Over Volume
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❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.

In this episode, I’m joined by the brilliant Alvaro as we roll up our sleeves and dive deep into a retail deal in Texas. We’re breaking down the numbers, the strategy, and the thought process behind this investment. From analyzing the market to identifying opportunities and risks, this is a masterclass in how to approach retail real estate deals with confidence.

Whether you’re new to commercial real estate or a seasoned pro, this episode is packed with insights, lessons, and actionable takeaways that’ll level up your investing game.

Tune in to hear how we dissect this deal, the challenges we faced, and why Texas continues to be a hotbed for retail opportunities.

Here's the link to my book: Value Over Volume
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In this conversation, Tanh, Alvaro, and Matt discuss their experiences and strategies in the real estate investment sector, focusing on commercial properties. They explore the transition from other careers into real estate, the importance of evaluating deals, and the nuances of managing a diverse portfolio.

Takeaways

• Alvaro and Matt work at Eisenberg and Company, focusing on middle market real estate.
• Tanh transitioned from a pharmacy career to real estate investing.

• Evaluating commercial real estate requires understanding market dynamics and tenant needs.
• Building relationships with brokers is crucial for accessing off-market deals.
• Cash flow analysis is essential for determining investment viability.
• Understanding tenant types helps in structuring leases and TI negotiations.
• Market research is vital for assessing property values and potential returns.
• Every property has unique characteristics that affect its investment potential.
• Networking and continuous learning are key to success in real estate investing.

Chapters

00:00 Understanding Capital Raising Dynamics

00:39 Insights into Real Estate Capitalization Strategies

03:20 Transitioning from Pharmacy to Real Estate

05:53 Evaluating Commercial Real Estate Deals

08:10 Sourcing and Analyzing Investment Opportunities

16:24 Navigating the Commercial Real Estate Landscape

20:04 Evaluating Commercial Properties

25:06 Understanding Tenant Dynamics

28:59Tenant Improvements and Negotiations

32:14 Building Relationships in Real Estate

Here's the link to my book: Value Over Volume
Want to learn more about CRE? 
CRE Course
Use Code for 10% off: tanhtruong 
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🤓 LinkedIn: http://www.linkedin.com/in/tanh-truong-30a18ab0/

❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by Wonton Wealth. Written permission must be granted before syndication or rebroadcasting.