Round Table | Breaking Down the Passive Income Operating System (PIOS)

Do you want to know the system behind consistent passive income growth? Discover how to organize, automate, and optimize your way to financial freedom. In today's conversation, the financial coaches break down their proven passive income operating system—a step-by-step approach to transforming active income into true financial freedom. They reveal how automating your cash flows, organizing finances like a business, and leveraging whole life insurance for cash storage can make your money work harder for you. Whether you’re just starting your journey or looking to refine your strategy, this conversation offers practical insights for building and managing passive income.

How to set up a simple system to turn active income into passive income

The importance of storing cash in optimal locations, like whole life insurance

Why automation is the key to simplifying financial decisions

Passive Income Playbook: October 2024 PI Report

Do you want to know what drives consistent passive income growth—even when challenges arise? In this episode, Russ and Joey pull back the curtain on their latest passive income ventures, sharing how much they earned last month. They discuss their biggest win, the lessons learned from challenges faced, and the adjustments they're making for even greater success. Whether you're curious about real estate, online businesses, or other income-generating opportunities, this episode provides insights into what’s working and why. Tune in to uncover strategies, lessons, and the next steps for building a reliable passive income stream. Top three things you will learn: Understanding market dynamics Planning for the future Insights from investing in different opportunities October 2024 Income At-A-Glance: Gross Income for October: $66,451.73 Total Expenses for October: $17,682.92 Total Net Profit for October: $48,768.81 Difference b/t September & October: ($5,841.19) % of net profit to overall gross revenue: 73%

Round Table | Investment Speed Dating (Quick Insights on Lots of Different Assets)

Have you ever wondered which investment suits your goals best? Tune in to explore a variety of paths to financial freedom—quickly and effectively! In today's conversation, the financial coaches bring a fresh perspective to investment strategies with a speed-dating-style exploration of diverse opportunities. From short-term rentals to crypto, Russ, Joey, Eric, and Mark break down the pros, cons, and risks of each option, giving you the insights you need to make informed decisions. Whether you're curious about private lending, intrigued by land investments, or considering building an income-generating content website, this episode covers it all. Don’t miss this chance to broaden your understanding of wealth-building strategies and uncover the next step on your journey to financial freedom.

Pros and cons of popular investments

Risks and challenges of investments like syndications and e-commerce

How to match investments to goals

Doing 7-Figure Land Flipping Deals After Starting Just 4 Years Ago with Callan Faulkner

Are you curious about the future of real estate investing? Get ready to learn how to leverage innovative strategies to maximize profit and efficiency. In this episode, Russ and Joey sit down with Callan Faulkner, a highly profitable land investor who uses cutting-edge AI tools to transform her business. From understanding land subdivisions to learning the power of conversational AI, listeners get a glimpse into strategies that are reshaping the real estate investing world. The conversation explores how AI boosts lead generation, streamlines operations, and enhances productivity with tools like ChatGPT. Whether you're new to land investing or curious about the role of AI in business, this episode offers insights into combining tech with traditional investing for maximum impact.

Boosting property value

Using AI for lead generation

Improving business efficiency with AI

Callan Faulkner

Callan Faulkner, founder of REI Optimize, is transforming how entrepreneurs and individuals approach AI in the digital age. Known as one of the most influential AI coaches of 2024, she's helped over 500 businesses–from solo entrepreneurs to 9-figure enterprises–harness the power of AI to scale their impact while working less.

Round Table | Insurance Company and IBC (Does it Matter?)

Choosing the right insurance company can make or break your Infinite Banking strategy. Discover what to look for and why it matters for building lasting wealth. In this episode, the financial coaches dig into a critical question for anyone interested in the Infinite Banking Concept: How do you choose the right insurance company to build wealth? They break down the essential factors to consider when selecting an insurance company, from flexibility to financial stability, all to ensure your money is working for you. Learn why not all companies are created equal and what makes some a better fit for Infinite Banking than others.

Critical factors for choosing an insurance company

How premium flexibility impacts your wealth-building

The role of insurance company support in Infinite Banking

From Hockey Pro to 2000+ Flips: Bob LaChance's Real Estate Playbook

Are you thinking of a career change or breaking into real estate? Discover how former pro hockey player Bob LaChance made the leap and scaled to over 2,000 flips. Bob shares the mindset shifts he needed to make, the hurdles he faced moving from sports to business, and the strategies that helped him build a thriving real estate empire. From buying his first properties to managing a successful team of virtual assistants, Bob’s story is a blueprint for anyone looking to break into real estate or scale their existing business.

Making a successful career shift

Effective delegation with virtual assistants

Finding profitable deals and building a thriving business

Bob LaChance

Bob is the founder and CEO of REVA Global, a leading Virtual Assistant staffing enterprise specializing in real estate. With a focus on enhancing business efficiency, Bob empowers his clients by integrating highly skilled Real Estate Virtual Assistants into their operations, streamlining their workflows, and ensuring their ventures thrive through innovative automation solutions.

Round Table | Why We Love a 401k (And You Should Too): Reaction

Do you believe a 401(k) is the best way to build wealth? What if someone tells you that there are smarter paths to financial freedom? In today's conversation, Russ Morgan, Ben Buzek, and Jonathan Day dive into a lively reaction to The Money Guy show, a popular YouTube channel known for financial advice on building wealth through qualified plans like 401(k)s and IRAs. While The Money Guy hosts advocate for traditional retirement plans, Russ, Ben, and Jonathan challenge these points with their unique perspective, explaining why they believe qualified plans may not be the best path for maximizing returns. They reveal alternative investment strategies that, in their view, offer greater potential for financial growth and freedom. If you're curious about investment options beyond the traditional 401(k) or IRA, this episode is packed with insights that will make you rethink your approach to building wealth.

Verify your information sources before investing

Why qualified plans are not the best investment

Effective wealth-building strategies beyond traditional plans

Fast Track Your First Self-Storage Deal: Consulting Secrets with Joe Downs

Are you curious about self-storage investing? Discover how this often-overlooked asset can generate steady cash flow with the right approach. In this episode, Joe Downs joins Russ and Joey to shed light on how to make this lucrative venture work for you. They explore what it takes to evaluate, acquire, and manage a profitable self-storage facility, covering essential strategies that help investors thrive in any market. Listeners will learn how technology has modernized storage management, especially after the pandemic, and why having a consultant or mentor can make all the difference for new investors.

How to evaluate a self-storage property

Effective management practices for properties of various sizes using the latest technology

Maximizing returns and optimizing cash flow

Joe Downs

Joe Downs is the CEO of Belrose Storage Group. With over 17 years of experience in commercial real estate, Joe’s primary responsibility at Belrose is to oversee all aspects of the company and directly supervise acquisitions. Joe got into financial securities, mortgages, and real estate because he has a knack for learning about and excelling in lesser-known industries.

Round Table | Ways to Protect Your Business & Investments in a Crash / Recession

What would you do if a financial crash wiped out your business or investments? In this episode, the financial coaches explore practical ways to prepare for and navigate economic downturns with confidence. Learn how to set yourself up for a strong recovery and uncover the key moves that can make all the difference when times get tough. From reducing anxiety with a solid recovery plan to identifying vulnerabilities in your financial strategy, this conversation offers insights that every business owner and investor should consider. Plus, you'll hear about methods to build lasting streams of passive income that can safeguard your future no matter what happens.

Creating a "trampoline plan" for financial recovery

Evaluating and strengthening weak links in your financial chain

Building passive income and diversifying investments

How We Build Passive Income in Any Cycle

Do you want to know how to earn over $54K in passive income even during unpredictable market cycles? Russ and Joey reveal their investment strategies that work in any economy. In this episode, they break down how they earned $54,610 in passive income for September, showing that consistent earnings are possible in any market cycle. They dive into the investment ventures driving their success, from car sharing to real estate and other opportunities, explaining why these strategies work and what investors should watch out for. Whether the market is booming or uncertain, Russ and Joey share the tactics to build sustainable passive income streams. This episode offers valuable insights for anyone seeking financial freedom through passive income. Tune in to learn how to earn passive income, no matter the market cycle! Top three things you will learn: Debt can build wealth in any cycle Know your Investor DNA before investing Key pitfalls to watch for in investments September 2024 Income At-A-Glance: Gross Income for September: $75,727.00 Total Expenses for September: $21,116.99 Total Net Profit for September: $54,610.00 Difference b/t August & September: $8,627.23 % of net profit to overall gross revenue: 73%

Round Table | Working with Partners: Lessons to Learn

Are you considering entering a partnership but unsure if it's the right move? In this conversation, the financial coaches explore the ups and downs of working with partners, offering valuable lessons on how to avoid common mistakes and improve collaboration. You’ll discover best practices for making partnerships work and learn the key factors that contribute to successful business relationships. From understanding potential pitfalls to mastering effective communication, this episode is packed with practical advice to help you navigate the complex world of partnerships.

How to avoid mistakes when entering partnerships

Best practices for improving partnerships

How to interact well with partners

FIRE Movement: Running into Burning Houses and Turning Them into Cash Flow with Ian Horowitz

Have you ever wondered how a firefighter goes from running into burning houses to building a cash-flowing real estate portfolio? In this episode, Russ and Joey sit down with Ian Horowitz, a former firefighter turned real estate investor, to uncover his journey from house flipping to financial freedom. Ian shares what first drew him into the real estate world, the key moments that shifted his career path, and how cash flow became the cornerstone of his strategy. You'll hear about the valuable lessons he’s learned along the way, including overcoming major hurdles and what he would tell his younger self if he could start all over again.

Embracing change and taking calculated risks

Focus on cash flow, not just property appreciation

Learning from setbacks and staying resilient

Ian Horowitz

Ian Horowitz is a former firefighter turned real estate investor, co-founder of Equity Warehouse, and an expert in cash flow-focused real estate strategies. After transitioning from public service, Ian has built a successful portfolio by flipping houses and investing in multi-family properties, syndications, and long-term rentals.

Round Table | Becoming Your Own Banker: Explained

Did you know a whole life policy could be the key to your financial freedom? In this episode, the financial coaches break down the powerful concept of Becoming Your Own Banker, popularized by Nelson Nash. They explore how the Infinite Banking Concept (IBC) allows you to take control of your financial future by becoming the lender for your own investments. Through real-life examples and practical advice, they explain how this strategy can help you build long-term wealth, gain financial freedom, and stop relying on traditional banking systems.

The methodology behind IBC

How IBC helps you build wealth

How to turn your active income into passive income

Teenagers Flipping Houses with Bill Allen

Want to teach your kids the secrets of building wealth early? Today's guest explains how teenagers are flipping houses and mastering real estate, giving parents a powerful blueprint for raising financially savvy kids. In this episode, Russ and Joey sit down with Bill Allen of 7 Figure Flipping to dive into his unique approach to investing. While Bill shares insights on his ventures, like investing in a farm and events space, the spotlight is on his new TV show, Kids Who Flip. Bill reveals how he’s mentoring the next generation of real estate tycoons, teaching teenagers how to make $25K to $75K, flipping houses, and building wealth at a young age. This episode is a must-listen for anyone curious about the future of real estate investing and how to start young.

The benefits of investing in a farm

How to diversify your investment portfolio

How to teach kids about money at a young age

Bill Allen

Bill Allen is a real estate investor based out of Nashville, TN. He and his team currently flip and wholesale 200+ deals yearly in Tennessee and northern Florida. Bill is the CEO and owner of 7 Figure Flipping and host of the 7 Figure Flipping Podcast, where he helps lead the nation's top house flipping and wholesaling mentoring groups.

Round Table | Trending Now: AI, Fed Cuts, Market Anxiety, and Election News

With so much uncertainty around AI, Fed cuts, market anxiety, and elections, how do you stay on course toward financial freedom? In this episode, the financial coaches dive into today's hottest topics—AI, Fed cuts, market anxiety, and election news. With so much uncertainty looming, how do these factors influence your financial freedom journey? The coaches explain how AI is reshaping industries, what the Fed’s decisions mean for your money, and how market volatility can stall or boost your wealth-building efforts. They also discuss the potential long-term effects of upcoming elections on the economy.

Focus on what matters most

The wealthy profit in any market

Know the situation, know the solution

Inside the Passive Income Mastermind with Rock and Brittany Sandretto

Can the right mastermind completely transform your life and business? Rock and Brittany Sandretto reveal how joining the Passive Income Mastermind unlocked new levels of success and fulfillment. From finding clarity in their business to creating stronger alignment as a couple, Rock and Brittany share their journey of growth and success through the mastermind. They dive into lessons learned from balancing work, family, and investment decisions while offering a glimpse into the pivotal moments that shaped their path.

The power of community for personal and financial growth

Balancing business and family as a couple

Teaching your kids about money

Rock and Brittany Sandretto

The Sandrettos are a family of entrepreneurs who own and operate multiple businesses. They're passionate about every business facet and dedicated to helping others discover their true purpose. Rock and Brittany Sandretto founded Salon 43 One to create a space where beauty and passion could thrive together. Fueled by Brittany's love for the industry and a desire to uplift others, she built the salon into a welcoming environment where clients feel empowered through transformation.

Round Table | Infinite Banking is a Scam: Reaction

Is Infinite Banking a scam, or have critics simply misunderstood it? Let’s separate fact from fiction and discover the truth about this powerful wealth-building strategy. In today's discussion, the financial coaches tackle a controversial topic and dive into an article that claims to expose the flaws of infinite banking, but do these arguments hold up? Before you believe the hype, tune in as the financial coaches break down the points from the article to explain why the author may not have it all right and show you how infinite banking can be a game-changer for your financial future.

Debunking common myths about Infinite Banking

How Infinite Banking actually works

Why trusting the right experts matters

Lease Purchase Real Estate Deals for Investors with Jim Manning

Are you seeking a strategy that boosts cash flow and attracts more buyers? Discover how lease purchase deals can transform your real estate portfolio and increase profits. In this episode, Russ and Joey dive deep into the world of lease purchase real estate deals with expert investor Jim Manning. If you're looking for new ways to maximize your cash flow and attract more buyers, lease purchases could be the game-changer you’ve been missing. Jim reveals why savvy investors are tapping into this strategy to turn renters into future homeowners, all while minimizing risk and increasing profits.

How lease purchases create new investment opportunities

Key responsibilities in lease purchases

Why some buyers choose lease purchases over traditional loans

Jim Manning

Jim Manning got off the hamster wheel when he courageously shifted his business from primarily house flipping to building long-term passive wealth. His strategies generated over $5 million in passive income in 2022 alone. With over 15 years of experience, 3000+ real estate deals, and a dedicated all-star team, Jim is here to help others figure out how they can also build passive income.

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%