$200,000/Month from A Parking Lot?? Story of The Deal with Brian Spear

Do you think you can earn $200,000 a month from a parking lot? Gone are the days when a parking lot attendant collected a flat fee. Parking lots now offer a dynamic pricing model that allows owners and operators to adjust pricing by the minute based on demand, maximizing the asset's revenue. With recent advancements in technology, owners can now leverage sophisticated third-party operators who can institute a dynamic pricing model to maximize revenue at any time. This makes parking lots an excellent investment opportunity, and as Brian Spear, who has gained expertise in this space, explains, we can expect this niche to thrive for many years to come.

How to make money investing in parking lots

How to find parking spaces and finance your purchase

How to know if investing in parking lots is for you

Brian Spear

Brian Spear is the Chief Investment Officer and co-founder of Sunrise Capital Investors, a private real estate investment company. The company's objective is to provide an investment opportunity that achieves significantly higher returns than those offered in traditional saving accounts or CDs while operating with reduced risk compared to the stock market or other real estate investments.

Round Table | Want to Be Rich? Don't Start A Business

Are you thinking of starting a business to get rich? Think again! In today's conversation, Russ, Joey, and the dream team of financial coaches explore why starting a business might not be the best path to wealth and why you should consider buying a business instead. Learn the ins and outs of finding the right business to buy, key factors to look for before making a purchase, and essential tips to set yourself up for success. They share valuable insights to help you make informed decisions and avoid common pitfalls. Whether you're an aspiring entrepreneur or a seasoned investor, this episode offers crucial advice to steer you in the right direction. Tune in now and discover the smarter way to wealth!

How to find a business you can buy

What to look for before buying a business

How to set yourself up for success

How To Start Affiliate Marketing For Beginners with Amber Spears

Are you looking for another way to create passive income? Why not try affiliate marketing? It offers a flexible and low-risk opportunity to earn money online. Affiliate marketing is where you promote another company’s product or service. When someone purchases through your affiliate link, you earn a commission. With the proper techniques and strategies, you can create a steady stream of income. If you want to know how to start earning from affiliate marketing, today's episode with Amber Spears will provide you with the basics.

How the gift of connection can help you create passive income

How to become an affiliate of other brands

Tips for creating an affiliate program

Amber Spears

Amber Spears is the co-founder of East 5th Avenue, a high-end, boutique affiliate management company specializing in health and personal development offers, and Mimosa Mastermind, a tactical, practical, and all-inclusive Mastermind for health, wellness, and personal development entrepreneurs.

Round Table | How to Scale Your Business

Are you feeling stuck and overwhelmed by the challenges of growing your business? You're not alone. In this episode, Russ, Joey, and the financial freedom coaches tackle the pain points that business owners face when scaling up. Discover three powerful ways to boost your sales and marketing efforts, explore the five key areas crucial for growth, and learn how to take your business to the next level. Whether you're a seasoned entrepreneur or just starting out, this episode is packed with valuable tips to help you overcome obstacles and accelerate your business growth. Tune in now and start scaling your business!

Three ways to grow your business from a sales and marketing perspective

Five key areas to look at in your business

How to get in front of people who do not know you

Investing for Passive Income: Small vs. Big Deals

If you’re worried about saving enough of your earnings to meet your financial goals, building wealth through passive income might appeal to you. But which passive income idea should you pursue? Does the size of your investment matter? In today's episode, Russ and Joey discuss some of the small and big deals they have been considering and the income potential of each transaction. They also discuss their different passive income sources and what they earned for April 2024. While many of their investments have been successful, a couple have not performed as well as expected. Top three things you will learn: Comparing small and big deals The upside of hiring an operator Passive income ideas that have been consistently making money April 2024 Income At-A-Glance: Gross Income for April: $56,160.00 Total Expenses for April: $13,152.81 Total Net Profit for April: $43,007.19 Difference b/t March & April: ($4,170.24) % of net profit to overall gross revenue: 77%

Round Table | How to Pay Less Taxes to the IRS: Case Studies

Taxes can be substantial, taking a massive chunk of your income. The more money you make, the higher your tax liability. Regardless of how much you earn, can you reduce your taxable income? Careful tax planning could significantly reduce your tax burden, even if you have a relatively high income. Today's conversation focuses on creative ways to reduce your tax liability legally.

How to effectively reduce the expenses associated with what we spend for our children

What is QBI, and how do we maximize it?

How to use your home for business meetings and qualify for the Augusta Rule

Private Money for Land Flipping with Quinn McArthur and Eric Scharaga

Flipping vacant land is one of the most overlooked and misunderstood ways to make money in real estate. It’s also one of the best. However, one common problem land flippers experience is a lack of funds, which sometimes prevents them from snapping up deals. Sure, they can borrow from traditional banks, but they need to fill out a lot of paperwork and go through a tedious process, and there is no guarantee that their loan will be approved. That's where private money lenders come in. Lending money to land flippers is a profitable business model. Russ and Joey chat with Quinn McArthur and Eric Scharaga to give you more information about this opportunity.

How to invest in land funding

The most exciting thing about land funding

What a typical land funding deal looks like

Quinn McArthur and Eric Scharaga

Quinn excels as an investor, leveraging his extensive background in finance and comprehensive real estate expertise as a commercial real estate developer and asset manager. Renowned for his mastery in land acquisitions and active involvement as a note investor, he passionately pursues his interests in faith, family, finance, and fitness. Eric is an expert in residential and commercial lending and default, including performing, non-performing, active bankruptcy, and vacant land. In 2020, Eric authored the book Lienlord, an introduction to the power of note investing. He is passionate about personal finance and enjoys introducing land investors to creative strategies for seller financing.

Round Table | We Read 40 Books on Money. Here's What Will Make You Rich

Managing your finances may seem overwhelming, but you can learn some best practices from many great books about the subject. While it can be time-consuming to read all these books yourself, why not start by listening to today's conversation so you can get a head start on learning how to make your money work for you?

How different people make money

Using facts and data rather than emotions to make decisions

Money-making principles and frameworks

If I Started Investing in 2024, This is What I'd Do with Dave Zook

Investing might sound like one of the scariest parts of managing your finances if it's your first time, but it’s also potentially the most rewarding. It is one of the best ways to become financially free over time. A savings account just won’t build wealth. So, where should you start? Today's conversation with Dave Zook will give you some insights and inspire you to explore the world of investing in real assets.

What is a real asset, and what makes it a good investment?

The number one mistake that new investors make

How to account for black swan events as you perform your due diligence

Dave Zook

Dave Zook is a successful business owner, syndicator, and investment and tax strategist. He founded The Real Asset Investor in 2015 after growing a handful of successful businesses. Dave helps others through education and offering investments to help them achieve their financial goals.

Round Table | Cash Is King: Why I Keep So Much Cash

Having cash on hand for daily expenses is a good practice. But how much cash should you maintain? Is keeping too much cash practical? Where should you keep your money to ensure maximum growth? Different people and companies have varied cash requirements, so there is no one-size-fits-all formula for maintaining adequate cash. However, there are best practices to keep in mind.

Where should you put your money to maximize growth?

How to utilize cash to create returns that you would never have achieved without access to a pool of money

The difference between emergency reserve and opportunity fund

My Most Profitable Car on Turo😳 (Turo Host) #sidehustle with Aubrey Janik

Your car is more than just a means of transportation. It’s a potential side hustle– a source of income waiting to be unlocked. Entrepreneurs and clever individuals find innovative ways to turn their cars into revenue-generating machines in today's economy. So, do you want to turn your car into a passive income stream? Have you considered starting a side hustle in peer-to-peer car-sharing? Have you looked into platforms like Turo or Getaround but don't know how to get started? You're in luck because today, Russ and Joey are discussing the opportunities in the carsharing business and what it's like to be a Turo host with Aubrey Janik.

How to make money on Turo

The most profitable cars on Turo

Why The Carsharing Masterclass is an excellent resource for aspiring Turo hosts

Aubrey Janik

Aubrey Janik runs a semi-passive, six-figure Turo business with over eighteen cars. How did she do it? One day, Aubrey started renting her car out on Turo, fell in love, and has been building and growing her Turo business ever since. She's also been helping people start their car-sharing businesses.

Round Table | This is Why Business Owners Use Whole Life Insurance - IBC

Many businesses, whether big or small, encounter challenges related to financial issues. This is mainly due to their limited access to resources. Knowing some of the difficulties expected is critical to planning well enough to solve them. How do you think business owners can solve financial challenges? In today's conversation, you will hear why business owners use a financial tool called the Infinite Banking Concept (IBC) to solve many of their business concerns.

How to use IBC to grow the business and accumulate cash to get ready for whatever economic condition

How to use IBC to alleviate the tax burden for businesses

How to use IBC to attract and retain top employees

Investing In Student Rental Properties: Fast Track to Financial Freedom with Ryan Chaw

If you're considering investing in real estate, locations near school campuses create enormous demand for student housing. But instead of renting your properties to college students, why not cater to graduate students? In this episode, Russ and Joey discuss the details of student housing with Ryan Chaw, a real estate investor who specializes in student rentals. After investing for four years–buying one property per year–Ryan now makes six figures in rental income per year and teaches others to do the same. Discover if this opportunity suits your Investor DNA and fast-track your way to financial freedom by investing in student rental properties.

How to create passive income through the student rental business

How to choose the locations for your student housing properties

How to utilize virtual assistants to scale your business

Ryan Chaw

Ryan Chaw is a real estate investor with a multi-state and multiple six-figure rental portfolio, which he built on the side of his full-time job. Based on his experience, he has created a student housing system and now teaches others how to build their real estate portfolios as a real estate investment coach.

Round Table | How Do I Start IBC?

You finance everything you buy. The only question is how you pay for it. Do you borrow money from someone else? Do you save money to buy the item and lose the potential earnings from that money if you had invested it? What if there's a better way to finance your purchases and still benefit from the interest your money would have earned in a tax-favorable account you can control? That's exactly what IBC can do for you. The basic idea behind the Infinite Banking Concept (IBC) is for you to take more control over the financing and banking functions in your everyday life. But how do you start IBC, and what makes it a better tool for financial freedom?

How does IBC benefit you compared to other financial tools?

What makes IBC a better tool for building passive income?

What can you do with IBC?

Passive Income: What's Working, What's Not

If you plan to build your passive income, you must start somewhere. Is there an ideal path? What if you don't have a lot of capital to begin with? Today, Russ and Joey share their passive income report and insights on what's working and what's not. If you still haven't decided whether to take the first step toward financial freedom, this episode will give you some ideas to kickstart your journey. Top three things you will learn: The different ways to earn passive income Lessons from investments that didn't go well Which investment opportunities are working and not working right now March 2024 Income At-A-Glance: Gross Income for March: $64,891.90 Total Expenses for March: $17,714.47 Total Net Profit for March: $47,177.43 Difference b/t February & March: $16,282.67 % of net profit to overall gross revenue: 72%

Round Table | 8 Passive Income Ideas: How We Make $100k Per Month

Are you still trading time for money, meaning you rely on a salary earned from a full-time or freelance job? Many people still do, and that's how most people operate because that's how we were taught. What if there's another way to earn money without you directly working? The journey toward financial freedom often involves passive income, a primary component in long-term wealth creation. But how do you find passive income opportunities?

Why do you need to build passive income streams?

How do you start creating passive income?

What other things make you excited?

Before You Stress About Money, Tune In with Justin Roethlingshoefer

Building and growing a business can be demanding and stressful, especially if you’re juggling multiple responsibilities and dealing with many challenges. When you’re under stress, your ability to think clearly and make rational decisions can be compromised, resulting in negative consequences for your business. So, as a business owner, it’s essential to prioritize your health and well-being so that you can make informed decisions and lead your business to success. In this episode, Russ and Joey discuss the importance of taking ownership of your health with their guest, Justin Roethlingshoefer. Justin is the co-founder of OWN IT Coaching, a multiple seven-figure coaching company. If you need help optimizing your health to perform at your best in whatever you do, this episode is for you!

What does your HRV (heart rate variability) indicate about your ability to handle stress?

Simple things you can do to improve your health

The importance of adequate sleep in your overall health

Justin Roethlingshoefer

Justin Roethlingshoefer centers his performance-enhancing programs on a holistically integrated approach to health and performance. His core philosophy is that performance is realized when health is optimized, and we cannot separate physical, emotional, mental, and spiritual health. He is the co-founder of OWN IT Coaching, a multiple seven-figure coaching company that applies this health and performance philosophy to clients ranging from NHL stars to Fortune 500 executives to entrepreneurs looking to take that next step and level up.

Round Table | This is How to Make Passive Income in 2024

You’ve got a steady paycheck from your 9-to-5 job, or you're already earning some money from your side gig, but deep down, you want more money, freedom, flexibility, and choices. It’s time to build passive income. All income sources are essential, but for financial freedom, passive income is the key to achieving your goal. But how do you start making passive income?

Four things you need to make passive income

How to use the resources you have to make passive income

Why the things you need to make passive income can also hinder you if you do not know how to use them properly

Investing in Mortgage Notes: Step by Step to Passive Income with Robert Hytha

Mortgage note investing is one of the most profitable real estate investment strategies available. When you understand how it works, it can be an incredible vehicle for building passive income, yet it is less popular with investors. In this episode, Russ, Joey, and their guest, Robert Hytha of FIXnotes, will explore the world of mortgage notes and how to invest in them. The rates of return in mortgage notes investment are higher than the banks' traditional low-yield bonds and higher than most stock dividends.

Why investing in mortgage notes is a good investment

How to find good deals

How to make money with mortgage notes

Robert Hytha

Robert Hytha is the founder of FIXnotes, a company that helps investors source and buy real estate-secured assets at pennies on the dollar and earn double-digit yields with ZERO property management by investing in mortgage notes.

Round Table | 8 Money Habits Keeping You Broke / Poor

Some financial habits, big or small, can ruin one's chances of achieving financial freedom and leave one with empty pockets. Are you aware of your money habits? Your habits might be preventing you from reaching your financial goals, so it's best to evaluate what you've been doing when it comes to your finances.

How to create cash flow

Putting your money to work instead of keeping it idle

Why budgeting and planning are important