Round Table | 401(k) vs 401(Lakehouse)

Should you stick with the safety of a 401(k), or is investing in real estate the better path to building wealth? In this conversation, the financial coaches dive into the pros and cons of traditional retirement plans versus investing in tangible assets like vacation properties. Which option gives you more flexibility, control, and long-term financial benefits? Whether you’re weighing the security of a 401(k) or the immediate enjoyment and potential returns of a lakehouse, this episode breaks it all down. If you’re an investor curious about building wealth outside the stock market, this discussion is for you.

The key differences between 401(k)s and real estate investments

How to maximize flexibility and control in your investments

How investing in a lakehouse can generate income and enjoyment, and how it compares to the long-term returns of a 401(k)

How We Made $36k Last Month Using the Infinite Banking Concept (IBC)

Why grind for a high salary when you can build passive income streams that pay you every month without sacrificing your time and freedom? In this episode, Russ and Joey reveal how they made $36k last month using the Infinite Banking Concept (IBC). They explain the passive income architecture they've built to make their money work harder for them through multiple passive income streams. From real estate to vending machines and other ventures, they break down exactly how much they made from each investment and the challenges they faced along the way. Whether you're just starting or already on your journey to financial freedom, this episode is packed with practical insights to help you explore your own passive income path. Tune in now to learn the right strategies to start earning more dollars monthly! Top three things you will learn: How to build a system that allows your money to create more money Different passive income ideas you can explore How to use IBC to fund your investments August 2024 Income At-A-Glance: Gross Income for August: $67,100.04 Total Expenses for August: $20,864.97 Total Net Profit for August: $46,235.07 Difference b/t July & August: ($9,376.69) % of net profit to overall gross revenue: 69%

Round Table | Why I Won’t Ever Invest In This Again

Have you ever made an investment you regret? In this conversation, the financial coaches share personal stories about why certain investments didn’t make the cut and why they’ll never make the same mistake again. They dive deep into the risks of stepping outside your comfort zone, the dangers of falling into the FOMO trap, and how smart investors stick to their strategy—no matter the temptation. You’ll hear insights on how to move from good to great deals and why having a clear investor buy box is crucial for long-term success.

Understanding the pitfalls of venturing beyond your expertise

Recognizing the dangers of impulsive decisions driven by hype

Elevating your investment strategy from good to great

How to Invest in 2024 (Like a Billionaire) with Ben Fraser

Have you ever wondered how billionaires are investing to grow their wealth in 2024? In this episode, Russ and Joey are joined by Ben Fraser of Aspen Funds to explore the world of alternative investments and the strategies that the ultra-wealthy use to stay ahead. From little-known opportunities to smart, risk-adjusted moves, this conversation will open your eyes to how the wealthy think and invest differently.

Alternative investment opportunities to build passive income

The top two indicators that a deal is not as good as it seems

How the election can affect market trends

Ben Fraser

Ben Fraser is the Chief Investment Officer at Aspen Funds, where he combines his analytical nature with a passion for delivering outstanding client service and strong returns through out-of-the-box investments. With a professional background that spans over a decade, Ben has become an expert in the field of investment management and has worked for several reputable financial institutions.

Round Table | Debate: Who Can Become Financially Free Faster?

Which age group has the upper hand when it comes to achieving financial freedom? In this episode, the financial coaches dive into a lively debate, analyzing the strengths and challenges of different age groups. Can the 25-35-year-olds leverage their time and energy for faster results? Or do the 35-50-year-olds have the experience and earning power to outpace the younger crowd? What about those over 50—are they best positioned for success with their accumulated wisdom and urgency to avoid mistakes? The discussion touches on the importance of patience, the impact of life experience, and the strategies each group can use to maximize their financial potential. Whether you're just starting your journey or looking to refine your approach, this episode offers valuable insights for every age bracket.

What gives each age group an edge in achieving financial freedom?

What obstacles does each group face on their path to financial freedom?

How can each group overcome challenges to achieve financial freedom?

I'm Tired of Being a Landlord, Now What? with Eddie Speed

Do tenant issues and property management burn you out? Discover how investing in notes could be your ticket to stress-free, profitable investing! In this episode, Russ and Joey sit down with Eddie Speed, a seasoned expert in note investing, to explore an exciting alternative for real estate investors. If you’re tired of being a landlord, this conversation will open your eyes to a different path—investing in notes. Eddie explains how you can shift from the traditional landlord role to becoming a note investor, where you can enjoy consistent cash flow without the usual hassles.

What is a note?

Why invest in notes?

How to invest in notes

Eddie Speed

Eddie Speed founded NoteSchool, a highly recognized training company that teaches buyers to buy performing and non-performing discounted mortgage notes. He is also the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate-secured notes. In addition, he is a principal in a family of Private Equity funds that acquires bulk portfolios of notes.

Round Table | If I Could Only Invest In One Thing, I’d Do This

If you could only invest in one thing, what would it be? Where would your money make the most significant impact? Today, our financial coaches dive into a lively discussion about what they believe is the single most important investment you can make to achieve financial freedom. From people to assets to businesses, each coach passionately defends their top choice, sharing insights that could reshape your approach to building wealth. This conversation isn’t about picking sides—it’s about exploring the different paths that can lead to financial independence and why each one might be the right choice for you.

Why should we invest in people?

What type of assets must we invest in?

How do we get from the S quadrant to the B quadrant?

Fire Yourself Today! with Bronson Hill

Are you dreaming of walking away from your 9-to-5 job and living on your terms? For others, leaving the safety of their regular paycheck can be scary. But if you are tired of trading time for money, this episode could be your path to something better. Today, Russ and Joey sit down with Bronson Hill, author of How to Fire Yourself, to explore how you can create passive income streams that replace your regular paycheck. Bronson shares actionable insights from his book, guiding you through the steps to achieve time and financial freedom. From identifying profitable opportunities to managing your investments, this conversation is packed with practical advice for anyone ready to take control of their future.

How to get into syndications

Tools to help you fire yourself

How to know what a good deal looks like

Bronson Hill

Bronson Hill is the founder and CEO of Bronson Equity, which has raised over $20M in real estate investment. He is also a general partner in over $150M worth of real estate around the US. Bronson is an authority on apartment investing and continually produces new content to educate investors and help them achieve financial freedom.

Round Table | Infinite Banking for Beginners

Imagine having the power to finance your life without relying on traditional banks. In this episode, our financial coaches dive into the powerful concept of Infinite Banking, developed by Nelson Nash and detailed in his book Becoming Your Own Banker. This strategy allows you to become your own source of financing, creating a sustainable system for growing passive income and achieving long-term financial success. The coaches break down the basics, making it easy for beginners to grasp the potential of this life-changing approach. Learn how countless individuals leverage Infinite Banking to create financial independence and why it might be the key to unlocking your wealth-building journey.

What exactly is Infinite Banking, and how can it change your financial future?

Why is whole life insurance the foundation of Infinite Banking?

What makes Infinite Banking a game-changer compared to traditional financial systems?

How Do You Find the Operator for Your Passive Income Business?

Imagine taking a vacation whenever you want, without worrying about your business. In this episode, Russ and Joey dive deep into the critical role of finding the right operator for your passive income business. Discover how hiring an excellent operator can free you from the day-to-day grind and help your business grow exponentially. By having someone else manage operations, you can focus on what truly matters—enjoying the fruits of your investments. Plus, Russ and Joey share their Passive Income Report for July 2024, offering insights into different investment opportunities tailored to your unique investor DNA. Whether you want to scale your business or diversify your income streams, this episode is packed with actionable advice to help you enjoy true financial freedom. Tune in now, learn how to find the perfect operator, and take your business to the next level! Top three things you will learn: What are the qualities of a good operator? What are the risks of hiring an operator for your business? How do you create a win-win situation and convince an operator to work for you? July 2024 Income At-A-Glance: Gross Income for July: $76,232.76 Total Expenses for July: $20,621.00 Total Net Profit for July: $55,611.76 Difference b/t June & July: ($2,667.55) % of net profit to overall gross revenue: 73%

Round Table | Greatest Lesson I’ve Learned in Investing

What if one piece of advice could transform your entire investment strategy? In this episode, our financial freedom coaches sit down to share their most impactful insights gained through years of experience in the world of investing. Each coach reveals their unique perspective on what it takes to achieve lasting financial success, offering valuable wisdom that could change how you approach your investment journey. Whether you’re a seasoned investor or just getting started, this conversation is packed with gems of wisdom that you won’t want to miss. Tune in to discover the powerful lessons these experts have learned and how applying them could accelerate your path to financial freedom.

The value of continuous learning

How to be ready for opportunities

The importance of performing due diligence

Key Takeaways from Inner Circle Live (Nashville)

Are you attending events and collecting soon-to-be-forgotten notes, or are you using them to fuel your journey to financial freedom? Attending live events like the Inner Circle Live in Nashville can be a game-changer on your path to success. In this episode, Russ, Joey, and Tim Calise explore how these gatherings can accelerate your journey to financial freedom by immersing you in an environment of inspiration and actionable insights. Learn how to extract maximum value from every session, turning ideas into tangible steps that propel you forward. They also discuss the benefits of bringing your family to share the excitement and vision, fostering a collective drive toward success. Whether you're a seasoned entrepreneur or just starting, this episode will help you make the most of live events, ensuring you walk away with a clear plan to fast-track your success. Don’t just attend—transform your experience into lasting results.

How to make every event count

Exciting ways to build passive income

The benefits of bringing your family and friends

Tim Calise

Tim Calise is an advisor to startups. He helps growing service business founders and CEOs build a leveraged life and a simplified, sellable enterprise in 24 months using his Product to Profit™ Framework.

Round Table | A Path to Financial Freedom: Explained by Jack and the Beanstalk

Have you ever wondered how a simple fairy tale could unlock the secrets to financial freedom? In this episode, the financial coaches dive deep into the beloved story of Jack and the Beanstalk to uncover valuable lessons on wealth-building and overcoming obstacles. Jack's journey mirrors the path many of us take when pursuing financial independence, from recognizing a golden opportunity to facing seemingly insurmountable challenges. The financial coaches explore how the magical elements of this tale can inspire us to see the bigger picture and pursue financial goals with purpose and clarity.

Spotting your life's magic beans

Overcoming distractions to financial freedom

Attaining and maintaining financial freedom

The P&L Playbook for Investors with Khristine Valdez

Are you overlooking the critical details that could make or break your financial freedom? Many investors do not even realize that their current financial strategies aren't bringing them closer to their goals simply because they lack a clear understanding of their financial health. In this episode, Russ, Joey, and Khristine Valdez discuss the importance of having a specialized team that offers strategic insights, meticulous financial management, and tailored solutions to drive financial growth. They discuss the power of knowing the data behind your investments and how it can transform your approach to achieving financial freedom. Uncover the key elements of managing your profit and loss effectively, ensuring that every financial decision you make is a step toward your ultimate goals.

What are the benefits of working with a specialized financial team?

Is the investment worth it?

Is what I'm doing with my money getting me closer to my financial goals?

Khristine Valdez

Khristine Valdez is the driving force behind My Financial Haven. As Founder and CEO, she leads a firm specializing in outsourced CFO and accounting services. With a rich background in executive financial management, Khristine and her team transform businesses by providing strategic insights, thorough financial clean-ups, and crystal-clear financial records. They offer tailored solutions for both small businesses and large corporations, driving growth and efficiency for every client.

Round Table | Strategic IBC: From Policy to Plan

So you finally decided to set up a whole life insurance policy. Now what? How do you unlock the full potential of your Infinite Banking System? In this insightful episode, the financial coaches guide you through the critical roadmap following your IBC setup. Learn the most important actions to take in the first 90 days to ensure a solid foundation for your financial strategy. Discover key implementation ideas that will help you optimize your policy beyond the initial phase and understand how to recalibrate and tweak your plans as you progress. Whether you're new to IBC or looking to enhance your current strategy, this episode provides valuable insights and practical steps to maximize your financial growth.

Key actions for the first 90 days after setting up IBC

Essential strategies and ideas post-90 days

Common recalibrations and adjustments to maximize IBC

Top House Flipping Mistakes: How to Make Money Doing It in 2024 with Ryan Dossey

Are you ready to unlock the secrets of successful house flipping in 2024? In this episode, Russ, Joey, and their guest dive into the potential of home flipping as a powerful wealth-building strategy and the common pitfalls to avoid. Ryan Dossey shares his expert insights on what makes him stand out in the competitive home flipping marketplace. Discover Ryan's unique business model—a home flipping franchise—that's transforming the industry. Learn how to navigate the challenges of house flipping and turn them into lucrative opportunities. Explore the top mistakes to avoid and actionable tips for making money in home flipping this year. Whether you're a seasoned investor or just starting, this episode offers valuable advice to help you succeed.

Is home flipping profitable?

Challenges in home flipping

Becoming a successful house flipping franchisee

Ryan Dossey

Ryan Dossey’s journey from a telemarketer to a real estate mogul is inspirational. His companies are built on a foundation of personal experience, overcoming industry challenges, and creating innovative solutions. Ryan's approach ensures investors can focus on what they do best: growing their portfolios without getting bogged down by tedious tasks.

Round Table | The Cheat Code to Financial Success

Have you ever wondered if there's a shortcut to achieving financial freedom? Our financial coaches reveal the cheat code for financial success in this episode. Discover how personalized coaching can transform your financial journey and accelerate your path to wealth. The coaches explore real-life stories demonstrating the impact of guidance and support from experienced mentors. Tune in as they discuss why being part of a community of like-minded individuals is essential for fast-tracking your financial goals. Learn about the potential consequences of engaging—or not engaging—in coaching and collaborative communities and how these elements can make or break your financial success.

How coaching drives financial success

The power of community in accelerating financial freedom

Impact of engaging in coaching and collaborative communities

Build a Passive Income Empire With RV Parks (and More) with Dr. Jeff Anzalone

Are you ready to break free from the grind of trading time for money? In this episode, Joey welcomes Dr. Jeff Anzalone, a periodontist who shares how he transformed his financial future by building passive income streams, focusing on RV parks and syndications. Discover the first steps to creating passive income and why even high-income earners must diversify their revenue sources. Learn the benefits of investing in RV parks and how syndications can provide stable, lucrative returns. Dr. Anzalone shares his journey, offering valuable insights for anyone looking to build a passive income empire and achieve financial freedom.

What is the first step to building passive income?

What's good about syndications?

What are the benefits of investing in RV parks?

Dr. Jeff Anzalone

Dr. Jeff Anzalone is the CEO of DebtFreeDr.com and a periodontist at Anzalone Periodontics. He used to work those long hours, not knowing that there was a better way. That’s when he discovered passive investing through real estate syndications (group investments), which allowed him to stop trading time for money and focus on the things and the people he loves most.

Round Table | The Curse of Control: Expectations of an Investor

Are you ready to reclaim control over your financial future? In this episode, our financial coaches explore how investors can take charge of their financial situations. Discover the critical steps to gaining financial control and the responsibilities that come with it. Once you’ve taken the reins, you are responsible for educating yourself on the best ways to grow your wealth. They delve into mastering and overcoming the challenges associated with control, providing actionable insights to help you navigate this journey. Whether you're new to investing or looking to refine your strategies, this episode offers valuable guidance to empower your financial decisions.

How to regain financial control

Steps to take after reclaiming control of your money

Overcoming and mastering the curse of control

The Long Road to 100k in Passive Income

Do you know what it takes to build passive income? In this episode, Russ and Joey dive into their June Passive Income Report, sharing candid insights and lessons learned from their journey toward financial freedom. They discuss the frustrations they've faced with some of their deals, emphasizing that not every investment turns out as expected. This honest conversation highlights the importance of perseverance, continuous learning, and growth on the path to achieving $100k in passive income. Whether you're just starting out or are already on your journey, this episode offers valuable takeaways to help you navigate the ups and downs of investing. Tune in now to learn from their experiences and get inspired to keep pushing towards your financial goals! Top three things you will learn: Key elements for successful deal-making (MOTER) First step to creating passive income Why some deals fall short of expectations June 2024 Income At-A-Glance: Gross Income for June: $62,711.05 Total Expenses for June: $14,111.74 Total Net Profit for June: $48,599.31 Difference b/t May & June: $623.45 % of net profit to overall gross revenue: 77%