Round Table | Your Financial Festivus: Turning Grievances into Goals for 2025

Got financial grievances? Let’s turn them into goals! In this festive and transformative episode, the financial coaches draw inspiration from the "Festivus" tradition to help you reframe financial frustrations into actionable steps for a prosperous 2025. From reviewing past missteps to setting laser-focused goals, this conversation is packed with insights to ensure the next year becomes your best yet.

Identifying and learning from your financial grievances

Actionable strategies to set and achieve clear, measurable goals

Reviewing your financial habits to unlock new opportunities

How to Launch Your Vending Business Step-by-Step with Michael Hoffmann

Have you ever considered investing in vending machines? Starting a vending business might be simpler than you think, but there’s more to it than meets the eye. In this episode, vending expert Michael Hoffmann returns to share his proven, step-by-step process to launch a profitable vending business. From selecting the right machines to finding prime locations and even involving your kids, Michael offers practical advice and tips to help you succeed. Whether you’re starting small or dreaming big, this conversation will inspire you to take action. Learn how to turn unattended retail into a smart, scalable passive income stream.

Do’s and don’ts for choosing vending machines

Securing the best vending locations

Selecting the products to stock in machines

Michael Hoffmann

Michael Hoffmann, also known as "Mr. Passive," is a seasoned entrepreneur specializing in passive income strategies, particularly through vending machine operations. His journey began while working 60-hour weeks for a modest income, prompting him to explore alternative revenue streams. Michael found his niche in the vending industry, where he now manages a network of over a dozen machines, generating substantial monthly profits.

Round Table | Fake Health, Fake Wealth

Are you ready to build a financially secure and physically vibrant life? In this episode, our financial coaches discuss actionable strategies for creating a plan that is definitely better than any traditional financial plan–it not only grows your wealth but also optimizes your health. Learn how to take control of your future with a plan that balances prosperity and vitality. Dive into practical tips, proven routines, and the secrets to building habits that last.

Building healthy habits

Tracking your health and wealth

Growing wealth and optimizing health

Multifamily Real Estate Made Simple: Lessons from Ken Gee’s 25-Year Journey

Would you charge $25,000 on a credit card to renovate a property? How much profit can you earn from making such a bold move? In this episode, you'll discover the transformative journey of Ken Gee, a multifamily real estate expert with 25 years of experience. From his beginnings as a CPA at Deloitte to building a multimillion-dollar real estate portfolio, Ken shares hard-earned lessons, strategies, and insights to help you succeed in multifamily investing.

Why multifamily investments often outperform single-family deals

How to overcome fears and make bold investment decisions

Critical strategies for adding value and boosting property returns

Ken Gee

Ken is the Founder and Managing Member of KRI Partners, a real estate private equity and investor education firm. He has more than 26 years of real estate, banking, private equity, and real estate investing experience. Throughout his career, Ken has been involved in transactions valued at more than $2.0 billion, including acquiring, managing, and financing various multifamily real estate projects.

Round Table | Raising Money for Deals: How to Do It, What We've Learned

Are you ready to level up your investing game? Raising money for deals is an essential skill that separates small-time investors from the big leagues. In today's conversation, the financial coaches share personal lessons and strategies for securing capital for investment opportunities. From practical advice on building trust to understanding the legalities of raising funds, they’ll guide you through the essentials of responsible capital raising. Learn how to avoid costly mistakes and discover new investment opportunities by mastering the art of raising money for deals. Don’t miss this conversation to get insights that will help you grow smarter and faster.

Why relationships, not just numbers, make or break successful deals

The importance of clear investor communication to manage expectations

Legal considerations to protect yourself and your investors

Private Lending Secrets: Avoid These Costly Mistakes with Liam Leonard

If you think private lending is a shortcut to wealth, think again. In this eye-opening episode, Russ and Joey are joined by Liam Leonard, a seasoned investor, who shares his hard-learned lessons from navigating the complexities of private lending. From disastrous deals with unexpected pitfalls to redefining his investment strategy, Liam's candid stories are packed with wisdom. Whether you're a seasoned lender or just considering private lending, this episode is a goldmine of practical advice to help you avoid costly mistakes. Don’t miss these valuable insights—listen now and learn how to lend smarter, not harder!

Why relying on third-party reports without personal verification is a recipe for disaster

The importance of setting strict investment parameters to avoid emotional or greedy decisions

How a focused niche and relationship-driven approach transformed Liam's lending business

Liam Leonard

Liam Leonard is the leader and visionary for LIONSCOVE. He established LIONSCOVE to have a more significant impact in his community and free himself from the mental model that organizations make choices for you. Liam wanted to create something that didn’t necessitate being on the road all the time or tied to his phone. The family needed to come first, and that’s precisely the culture he has established at LIONSCOVE.

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.