Simple Passive Cashflow Podcast

If you’d like a free copy of the book, just email us at team@thewealthelevator.com and tell us how you found us.In today's podcast, we delve into the financial implications of buying a home to live in versus renting and investing. The host introduces the concept of the 'wealth elevator' as described in their book, which categorizes different financial stages and offers tailored advice. They discuss why individuals in high-priced areas or early stages of wealth building might benefit more from renting and investing in rental properties instead of purchasing a home. Practical insights from personal experience are shared, including saving strategies and the impact of leveraging rental income. The discussion also touches on the pros and cons of homeownership, while advising listeners to consider their individual financial situations before making a decision. Listeners are encouraged to join the Wealth Elevator community for personalized advice and strategies for financial independence.00:00 Introduction

If you’d like a free copy of the book, just email us at team@thewealthelevator.com and tell us how you found us.In this episode, we dive deep into various tax strategies tailored specifically for business owners. We cover essential topics such as home office deductions, the Augusta Rule, paying your kids on payroll, Solo 401(k)s, and advanced strategies like captive insurance. The first half of the podcast is dedicated to potential tax changes currently under review by the Senate. We discuss extensions of the Tax Cuts and Jobs Act, increases in qualified business income deductions, and more. In the second half, we bring on guest Patrick Lonergan to discuss specific strategies for business owners and how to optimize personal taxes linked with business operations.00:00 Introduction to Today's Podcast00:18 Overview of Potential Tax Changes00:41 Extension of Tax Cuts and Jobs Act01:26 Bonus Depreciation and Section 17903:13 Qualified Opportunity Zone Program03:57 State and Local Tax Cap Increase04:33 Li

We explore the downsides of investing passively in real estate syndications and why you might instead consider investing in smaller rental properties on your own. We discuss limited control, investment illiquidity, high minimum investments, and operational challenges. Despite these cons, we also briefly touch upon the advantages of syndications such as diversification and tax benefits. We highlight the importance of due diligence, building trust and relationships within investor networks, and understanding the tax efficiencies offered by syndications through cost segregation. Join us to uncover if passive real estate syndication is right for you and learn about strategies for successful investment.08:48 Cons of Real Estate Syndications09:45 Investment Illiquidity and Portfolio Management10:54 High Minimum Investments12:12 Crowdfunding Websites: Pros and Cons13:06 Differences from Rental Property Investments13:44 Building Trust and Network in Syndications15:02 Limited Control in Syndications16:13 Prerequisites

In this episode, we delve into the challenges of transitioning from owning rental properties to investing in syndications, private placements, and private funds. Our host discusses common pitfalls, the importance of due diligence, and introduces the Deal Desk offering – a service designed to help investors vet potential deals and operators. Learn how the Deal Desk can assist you in scrutinizing opportunities, leveraging industry tools, and evaluating property management teams. This informative session is tailored for both seasoned and new investors aiming to make informed investment decisions in the dynamic world of real estate syndications.00:00 Introduction and Field Work00:10 Challenges in Real Estate Investments00:56 Introducing the Deal Desk Offering01:25 Evaluating Deals and Due Diligence01:46 The Importance of Reputation and Network02:35 How We Operate and Our Experience04:11 The Deal Desk Process06:08 Advanced Tools and Techniques08:08 Final Thoughts and Getting Started Hosted on Acast. See acast.com/

In this episode, we delve deep into the anticipated trends for 2025 and beyond, focusing on various economic shifts, commercial and residential real estate dynamics, and macroeconomic factors. We explore the impact of Trump's tariffs, inflation, interest rates, and the resulting effects on different asset classes like Class A, B, and C real estate. We also discuss strategies for investors in an ever-evolving market, touching on topics such as loan types, the importance of diversification, and finding value in a fluctuating economy. Join us as we provide insights to help you navigate through these trends and make informed investment decisions.00:00 Introduction to 2025 Trends00:08 Political Theatrics and Tariffs03:26 Impact of Tariffs on Business and Inflation05:15 Market Update and Recent Trends06:44 Commercial vs. Residential Real Estate07:18 Investment Strategies and Market Cycles11:15 New Supply and Market Dynamics19:52 Interest Rates and Economic Predictions27:18 Lessons Learned and Future Outlook32:06 Pr

Everything I know is laid out in my book and this 12-module Masterclass, available for you to watch on-demand. To get free access go here.In this episode, the host speaks with his mentor Cliff, an experienced investor in the venture capital, tech, and angel investing spaces. They discuss the importance of having multiple mentors and diversifying investments beyond real estate into private equity and venture capital, especially in light of recent high interest rates. Cliff provides an overview of angel investing, shares his journey from stocks to real estate, and highlights the role of venture capital firms in startup funding. Key topics include the various stages of startup funding (pre-seed, seed, series A), the significance of SAFE agreements, and the importance of execution over ideas. The episode also touches on the potential returns and risks involved in angel investing and the value of relationships and networking in the investment community. Listeners can also learn about the host’s evol

Everything I know is laid out in my book and this 12-module Masterclass, available for you to watch on-demand. To get free access go here.Differing symbolic meanings of money in relationships, influenced by Gary Chapman and Dr. John Gottman. The episode also strongly advises new investors against high-risk 'sexy' investments like crypto, citing the value of stable and reliable investments such as rental real estate. Featured topics include the importance of cash flow, the drawbacks of following advice from figures like Elon Musk and Warren Buffett, and tips for leveraging partnerships and scaling in the real estate market. Don't miss the free remote investor e-course for additional insights.00:00 Introduction and Relationship Insights00:35 The Symbolism of Money in Relationships02:23 Valentine's Day Tips and Masterclass Promo02:54 Avoiding Sexy Investments: Focus on Real Estate03:34 The Pitfalls of Following Celebrity Investment Advice04:50 The Value of Real Estate Over Crypto05:15 Strategies o

Everything I know is laid out in my book and this 12-module Masterclass, available for you to watch on-demand. Join us live from the Annual Goals Seminar at the Wealth Elevator retreat. In this comprehensive video, we delve into practical strategies for goal-setting, drawing inspiration from Tony Robbins and other successful coaches. Learn how to get clear, focused, and committed to your goals, and utilize exercises to gain clarity and momentum. Whether you're setting financial, personal, or relationship goals, this video offers actionable steps to achieve them. Perfect for both newcomers and long-time members, this seminar also emphasizes the importance of community and accountability in reaching your aspirations. Don't miss out on this opportunity to transform your life's trajectory.00:00 Introduction and Seminar Overview00:29 The Power of Decisions00:42 Goal Setting Exercise02:33 Getting into the Right State04:16 Reflecting on the Past Year09:32 Identifying Challenges and Emotions12:41 Empow

Check out our future deals, 12 Masterclass video series, and join our community: https://thewealthelevator.com/club/In this comprehensive episode, we delve into the intricacies of how different generations, from Baby Boomers to Gen Z, intersect and interact in the workplace. Hosted by a senior millennial, this presentation brings on seasoned business advisor and Vistage Chair, Tomas Tomasevic, who offers an in-depth analysis of generational dynamics, workplace expectations, and future economic trends. The discussion covers the challenges and opportunities in managing a multi-generational workforce, the impact of technology, the importance of psychometrics, and how economic conditions shape generational behaviors. Filled with valuable insights for managers, leaders, and entrepreneurs, this episode also examines the evolving definition of success and practical strategies for integrating younger generations into the workforce. Tune in to gain a holistic understanding of these critical trends that will shape the