Episódios
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Welcome to another episode of the Richer Geek Podcast! Join us as Mark Hebner, founder and CEO of Index Fund Advisors, Inc. (IFA), presents a comprehensive 12-step guide to mastering index fund investing. Explore the benefits of passive investing, pitfalls of active trading, and the significance of diversification and risk management. Gain insights on aligning your portfolio with long-term financial goals using Nobel Prize-winning research and practical advice to optimize your investment strategy. Ideal for individuals seeking to shift from speculation to education in their investment journey.
In this episode, we’re discussing…
Understanding Index Funds: Learn how passively managed index funds outperform speculative investments over time by optimizing risk-adjusted returns.
Investing Philosophy: Discover Mark Hebner's mission to replace speculation with education in investing, emphasizing the importance of benchmarking performance against index funds.
Risk Management: Gain insights into the Nobel Prize-winning research that shows diversification through index funds reduces risk while maintaining expected returns.
Challenges of Active Investing: Explore the pitfalls of active investing and day trading, likening it to gambling, and understand why a long-term, passive approach is more effective.
Role of Brokers: Uncover the tactics used by brokers that prioritize their earnings over client returns and why working with a fiduciary advisor is crucial.
Historical Performance: Understand the long-term performance of various indexes, including the S&P 500, small-cap, and value companies, and their implications for future returns.
Behavioral Finance: Recognize the psychological aspects of investing, including the addiction to trading and how to overcome it by adopting a structured, educated approach.
Practical Advice: Practical steps for investors to determine their risk tolerance and align their portfolio with long-term financial goals using index funds.
Resources from Mark
LinkedIn | Index Fund Advisors | Index Funds: The 12-Step Recovery Program for Active Investors
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast! Today, we are joined by Paul Bianco, founder and CEO of Graphite, to discuss a recent change in tax regulations that could significantly impact software companies, especially those with a large engineering team. We'll explore the details of the new law, its potential consequences, and some potential strategies to mitigate the tax burden. We also explore the broader challenges faced by entrepreneurs in today's economic climate. Paul Bianco, formerly a Director at ff Venture Capital, brings his expertise to shed light on how this new regulation might impact your startup.
In this episode, we’re discussing…
Complexity of tax laws for startups
Importance of strong accounting team
New Regulation: Companies must amortize R&D employee salaries over 5 years (US) or 15 years (offshore).
Impact: This increases taxable income for software companies with high engineering costs.
Potential Mitigation: Consultation with tax accountants and R&D tax credits
Bonus Tip: Follow your gut instinct and prioritize attention to detail
Resources from Paul:
Email | Graphite | LinkedIn
Resources from Mike and Nichole:
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to The Richer Geek Podcast! Today, we have a fan favorite returning: Brett Swarts, Founder of Capital Gains Tax Solutions, an exclusive Deferred Sales Trust Trustee, and host of the Capital Gains Tax Solutions podcast. In this episode, Brett shares insights into common strategies for handling taxes with real estate transactions, demystifies the workings of a deferred sales trust, and discusses who it’s a good fit for and who it’s not. Plus, learn about Brett's best-selling book "Building A Capital Gains Tax Exit Plan," which topped the charts on Amazon in the Real Estate Wealth categories.
In this episode, we’re discussing…
Overview of tax deferral landscape in 2024
Potential changes in tax laws and implications for investors
Understanding the role of Deferred Sales Trusts in wealth preservation
Exploring strategies for diversification and liquidity
Debunking myths and misconceptions surrounding tax deferral options
Case studies illustrating successful implementation of Deferred Sales Trusts
Combining 1031 exchanges with Deferred Sales Trusts for optimal results
Building a comprehensive capital gains tax exit plan for long-term wealth preservation
The significance of flexibility and freedom in tax planning strategies
Resources from Brett:
LinkedIn | Capital Gains Tax Solutions | Expert Tax Secrets
Building A Capital Gains Tax Exit Plan by Brett Swarts
Resources from Mike and Nichole:
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to The Richard Geek Podcast. Today, I sit down with Michael Frew, a software engineer who pivoted his career to acquiring online SaaS companies. Frew discusses his journey from corporate burnout to becoming a successful entrepreneur who now enjoys the freedom of running his own portfolio of businesses.
In this episode, we're discussing...
Frew's transition from traditional software engineer to online business owner through acquisitions.
The benefits of acquiring established businesses compared to starting from scratch.
How to identify and target suitable businesses for acquisition.
Due diligence considerations for software acquisitions, including financial metrics and team expertise.
The concept of "buying momentum" and taking over operational businesses.
Warning signs to watch out for during the acquisition process, such as unrealistic profit margins.
Resources from Michael:
Michael Frew | LinkedIn
Resources from Mike and Nichole:
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to The Richer Geek Podcast! Today we're joined by Taylor Loht, a real estate investor and host of the "Passive Wealth Strategy" podcast. Taylor specializes in multifamily and self-storage properties across markets like Dallas, Houston, and Atlanta. Through syndication, he raises capital for strategic property acquisitions, emphasizing value-add strategies to boost net operating income and property value.
In this episode, we’re discussing…
Taylor's Background
Graduated from college and initially moved into stock market investing, inspired by "The Intelligent Investor" by Benjamin Graham.
Shifted focus to real estate after recognizing the potential in property ownership.
Lessons from Taylor's First Syndication
Invested passively in two C class apartment complexes.
Faced challenges with property manager mismanagement and legal disputes.
Shift to Multifamily and Self Storage
Transitioned from C class to B class multifamily properties due to unexpected expenses in older properties.
Self Storage Investment
Seized opportunities to acquire and modernize facilities previously owned by older generation "mom and pops."
Key Terminology in Passive Investing
LP (Limited Partner): Passive investor with limited involvement and risk.
GP (General Partner): Active operator responsible for sourcing and managing deals.
506B vs 506C: Different SEC exemptions with distinct rules on advertising and investor qualifications.
Preferred Return: The initial return distributed to LPs before profit sharing.
Profit Split: Typically a 70/30 or 80/20 split between LPs and GPs after preferred return.
Resources from Taylor:
Instagram | Passive Wealth Strategy | NT Capital | Invest With Taylor
Resources from Mike and Nichole:
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast. Today we have Drew Breneman. He launched his first business at 14 and a successful internet venture in high school. By 19, he bought his first rental properties with online earnings, earning him a spot on HGTV as an emerging real estate star. He earned a BBA in Real Estate & Urban Land Economics from the University of Wisconsin-Madison.
Founder of Breneman Capital, co-founder of The Blackhawk Investment Group, LLC, and creator of Dwelle, Drew's diverse real estate experience spans from working with national development firms. As host of the Breneman Blueprint Podcast, Drew simplifies complex financial topics, making him a go-to speaker on multifamily real estate, risk assessment, and market insights.
In this episode, we’re discussing…
Building a Real Estate Mindset: Drew discusses the importance of developing a long-term vision and avoiding the get-rich-quick mentality prevalent in real estate.
Market Selection & Specialization: Discover Drew's strategy for identifying top MSAs and high-growth locations within them, ensuring strong tenant demand and appreciation potential.
Beyond the Fix & Flip: Learn why Drew prioritizes value-add deals with renovation opportunities and stable cash flow over quick flips.
The Power of Location: Explore how Drew leverages location data to pinpoint properties with the most significant upside potential.
The Current Market Shift: Gain insights into Drew's perspective on the rising interest rates and how they impact cap rates and investment strategies.
The Chicago Deal: Dive deep into Drew's current investment opportunity in Chicago, offering a projected 6% cash-on-cash return and long-term appreciation potential.
Resources from Drew:
LinkedIn | Breneman Blueprint Podcast | Breneman Capital | The Blackhawk Investment Group
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast!
Calling all electric vehicle owners! Are you tired of range anxiety and limited charging options, especially if you live in an apartment? Well, fret no more! Today, we have a game-changer for you. Joining us is Aaron Lieberman, CEO of Buzze, a revolutionary app that's building a community-powered EV charging network!
Buzze is like Airbnb, but for EV charging! In this episode, we'll discuss how Buzze can:
Solve your charging woes: Find convenient stations near you, anytime.
Open EV ownership to all: Live in an apartment? No problem! Buzze empowers everyone to go electric.
Build a greener future: Reduce your carbon footprint and join a sustainable community, one shared charge at a time.
Here's what makes Buzze so exciting:
Buzze Concept: Buzze facilitates the sharing of EV chargers among neighbors, addressing the challenge of home charging for renters and homeowners alike.
Aaron's Inspiration: We'll hear Aaron Lieberman's personal journey of owning an EV and the realization that many face obstacles in installing chargers at home.
Convenience for Hosts: Hosts can earn money by listing their chargers on the Buzze app, requiring minimal effort to set up and manage.
Convenience for Drivers: Drivers can easily locate and reserve nearby chargers through the app, avoiding the complexities of public charging networks.
Safety Measures: Buzze ensures safety and security through verification processes for both hosts and drivers, along with protection against damages or theft.
Community Building: Buzze fosters community engagement by connecting neighbors through EV charging, promoting sustainability and entrepreneurship among hosts.
Resources from Aaron:
LinkedIn | Email | Buzze
Resources from Mike and Nichole:
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of The Richer Geek Podcast. I'm happy to introduce Dan Haberkost, CEO of Front Range Land, who started his real estate investing journey at the age of 16. Dan has managed to build an impressive real estate business & portfolio that allows him the freedom to live & work where he wants well within his 20s.
In this episode we're discussing...
How Dan got started in real estate (managing rentals at 16!)
Why "low and no money down" strategies may not be realistic
The different niches within land investing (including Dan's specialty, horizontally developed land)
How to make high cash-on-cash returns by buying and selling land
How joint ventures (JV) can help you get started in real estate investing
Resources from Dan:
Dan Haberkost | LinkedIn | Front Range Land | The Big Picture Blueprint Podcast
Resources from Mike and Nichole:
Gateway Private Equity Group | REI Words | Nic's guide
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What makes Yotis Tonnelier's journey into capital raising truly exceptional? How has his unique blend of Belgian heritage and American culture shaped his approach? This week on The Richer Geek Podcast, explore the insights of Yotis Tonnelier, founder and CEO of YOBE. From managing investments for HRH Prince Al Saud of Saudi Arabia to launching a consultancy dedicated to trust and transparency, Yotis has been a driving force in redefining industry benchmarks. Join us as he shares expertise on navigating the capital raising landscape, fostering success for founders, and maintaining ethical standards in an often challenging industry.
In this episode we're discussing...
Yotis Tonnelier's background: Yotis shares his journey from Belgium to Miami and his experience working with HRH Prince Al Saud's family office in Europe. He highlights his transition to the U.S. and founding YOBE to address the need for trustworthy investment opportunities. YOBE's Mission: YOBE assists unique founders in raising capital through transparent methods and passionate dedication. They operate a syndicate of investors who invest in exclusive projects aligned with their values. Challenges in Investing: Mike and Yotis discuss the challenges investors face, including the overwhelming amount of information and the prevalence of scams in the investment landscape. Due Diligence: Yotis emphasizes the importance of due diligence for investors, suggesting platforms like Crunchbase for researching investment opportunities. He stresses the need for transparency and thorough analysis of documentation before investing. Opportunities for Founders: YOBE offers services to founders seeking to raise capital, providing guidance and connections to potential investors. They prioritize credibility and transparency in their partnerships. Future Plans: Yotis discusses YOBE's plans to launch a fund to accommodate investors interested in participating in multiple deals. They aim to raise $20 million to support founders and expand their investment opportunities.
Resources from Yotis:
LinkedIn | YOBE | Email | Newsletter | Book a 1-on-1 Meeting with Yotis
Resources from Mike and Nichole:
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of the Richer Geek podcast. Today, we have Spencer Hilligoss, CEO of Madison Investing - a real estate investment club with bespoke, curated real estate deals. Spencer founded Madison Investing with a singular mission — to help busy, successful professionals invest passively, secure their most valuable asset of all time.
In this episode we're discussing...
His background:Spencer's transition from tech to real estate was fueled by a quest for autonomy.
Importance of passive investment:Strategic planning crucial for attaining financial independence.
Building wealth and freedom:Investing in passive income streams allows individuals to build a life they don't need a vacation from.
Time compression and goal Setting:Long-term goals require efficient planning to accelerate wealth accumulation.
Madison Investing and investment opportunities:Madison offers multifamily investments for limited partners.
Core principles of investing:Aligning investment goals with personal objectives is paramount.
Spencer advises revisiting core principles to define capital goals.
Connecting with Spencer Hilligoss:To learn more about Madison Investing and explore investment opportunities, visit madisoninvesting.com and request an invitation.
Resources from Spencer
Madison Investing | LinkedIn
Resources from Mike and Nichole
Gateway Private Equity Group | REI Words | Nic's guide
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Welcome back to another episode of the Richer Geek podcast today. We have Kyle Stoner, he's an experienced entrepreneur with a proven background in building and leading high-performing cross-functional teams. In 2018 he launched Adobe Technologies, IT Technologies DBA, and unrealestate.com. That's what we're going to focus on. It's an end-to-end online real estate marketplace.
In this episode, we’re discussing…
[1:21] Kyle's Background and Journey
Kyle shares his background as an automotive engineer, Wall Street experience, and transition to entrepreneurship.
Co-founded three companies, including Pangea Money Transfer and Alpha Lead.
Recognition of the need for a dedicated platform in the real estate market.
[3:51] Unreal Estate Platform
Overview of unreal estate.com as an end-to-end online real estate marketplace.
Flat fee structure, online listings in less than 15 minutes, and licensed nationwide.
Comparison with competitors, highlighting flat fees and integrated services.
Efficiencies and productivity gains through remote agents and automation.
Discussion on partnering with local agents and technology for showings.
[10:46] Efficiency and Productivity
Increased productivity of agents on unrealestate.com compared to traditional real estate agents.
Appeal to investors, private equity firms, and individuals due to lower fees and streamlined processes.
Advantages in liquid markets where properties sell quickly.
[15:56] Funding and Investors
Discussion on the funding round and openness to discussions with smart investors.
Mention of current investors, including Morgan Stanley and mortgage companies.
[20:45] Future Developments
Teaser about an upcoming groundbreaking feature related to granular data on new transactions.
They are aimed at real estate investors and data enthusiasts.
[21:46] Legal Landscape
Acknowledgment of lawsuits against the National Association of Realtors regarding commissions.
Positioning of unreal estate.com with an emphasis on transparency.
[23:48] Connecting with Kyle Stoner
Kyle's social media presence: @KWStoner on Twitter.
Email for potential investors: [email protected].
Resources from Kyle
YobeConsulting | LinkedIn | Unreal Estate
Resources from Mike and Nichole
Gateway Private Equity Group | Nic’s guide | REI Words
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The richer geek is coming back to you and we are proud to introduce the land geek. We've had this guy on before. He's the pre-eminent Person for selling raw undeveloped land. His name is Mark Podolski. He is considered the country's most trusted foremost authority on buying, and selling that raw, undeveloped land. And today we're going to discuss his journey into why he does it, why he sells it, why he leases it, and why raw land compared to other types of land. He's been doing this for over 20 years. He has a company Frontier Equity Properties, which is an A-plus-rated BBB real estate company.
In this episode, we’re discussing…
[2:19] His background
Mark Podolski introduces himself and talks about his transition from a corporate job to full-time raw land investing.
Highlights the success of his initial land transactions and how it led him to pursue land investing full-time.
[4:21] Cash flow strategy
Explains the process of buying raw land, often from financially distressed sellers, and selling it quickly for a profit.
He discusses the cash flow model, where he asks for a down payment and sets up monthly payments to create passive income.
[10:02] Mitigating Risks
Emphasizes the importance of due diligence to avoid overpaying and mitigate risks in the raw land business.
Highlights the avoidance of areas with potential environmental issues or Superfund sites.
[13:02] Diversification and Creative Land Use
Encourages creative approaches to land use, such as partnerships with tiny home manufacturers, ventures, or recreational uses.
Advises diversification in markets and exploring opportunities in up-and-coming areas.
[15:46] Automation Tools
Shares essential tools like LGPass.com and GeekPay.io for automation in land investing.
Recommends using tools like Airtable and Zapier for operational efficiency and marketing.
[17:35] Finding Buyers
Discusses marketing strategies, including targeting neighbors, using platforms like Craigslist and Facebook, and leveraging specialized land websites.
Encourages leveraging existing buyer lists for successful transactions.
[22:17] The Land Geek Website and Resources
Invites listeners to explore The Land Geek website, offering free resources like a wholesaling course and a book called "Dirt Rich."
Outlines different learning options, from DIY courses to one-on-one coaching and done-for-you solutions.
[25:50] Working with The Land Geek
Describes various ways individuals can work with The Land Geek based on their time and capital, including flight school, one-on-one coaching, and done-for-you solutions.
Encourages interested accredited investors to reach out directly for more information.
[29:06] Connecting with Mark Podolski
Instruct listeners to find more information by Googling "The Land Geek" or "Mark Podolski."
Invites them to connect on LinkedIn and reach out via email for specific inquiries.
Resources from Mark
LinkedIn | Facebook | Twitter | YouTube
Resources from Mike and Nichole
Gateway Private Equity Group | Real Estate Content Marketing: Best Ideas For 6 Real Estate Niches - (reiwords.com)
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Hey, everybody, welcome back to another episode of the Richer Geek Podcast. On today’s episode, we have Jim Sheils, a real estate expert with extensive knowledge in the Build-to-Rent niche. He’s a partner at Southern Impression Homes, a company that specializes in building rental portfolios in Florida’s high-growth markets for individual investors and institutional buyers, in addition, Jim is the co-owner/co-founder of 18 Summers, providing family education services to entrepreneurs and professionals seeking to strengthen their family relationships while succeeding in business.
In this episode, we’re discussing…
· [1:13] Jim and Jamie Sheils background and partners at Sothern Impression Homes
A company specializing in building rental portfolios for investors.
· [2:08] Overview of Southern Impression Homes
Jim provides an overview of Southern Impression Homes, focusing on building rental portfolios for individual investors and institutional buyers, particularly in Florida.
· [2:37] Build-to-Rent Strategy and Property Types
Jim explains the build-to-rent strategy, focusing on durable construction and avoiding the "three-year curse" common with older properties.
Discusses building single-family homes, duplexes, and quads to provide options and better cash flow.
· [4:38] Market Focus and Property Sizes
Highlights the importance of market focus and discusses property sizes ranging from 1,200 to 5,000 square feet, aiming for affordability below the median
· [8:16] Target Investors and Tenant Demographics
Talks about attracting middle-management, high-paying professionals, police officers, teachers, and families with two incomes.
Emphasizes affordability for both buyers and renters.
· [9:27] Process for Investors and Construction Financing
Jim explains the process for investors, highlighting that they do not need a construction loan.
Offers an in-house financing program at 4.75%, providing options for investors.
· [17:26] Long-Term Investor Perspective
Discusses the investor perspective, indicating that many investors prefer to stay for the long term due to increasing cash flow and property stability.
· [18:09] Introduction to 18 Summers Program
Shifts to discussing Jim's 18 Summers program, focusing on helping business leaders strengthen family connections through innovative frameworks.
· [18:43] Importance of Family Board Meetings
Describes the Family Board Meeting strategy to strengthen family connections through one-on-one time, intermittent tech fasting, and meaningful communication.
· [22:05] Conclusion and Where to Find Jim Shields
Wraps up the podcast, providing information on where to find more about Jim Shields and his programs
Resources from Jim
JJPlaybook.com | Instragram Southern Impression Homes | Jim Sheils Instagram | LinkedIn |Facebook SI HomesFL | YouTube Southern Impression Homes | 18 Summers: Podcast for Parents
Other Resources
Application underwriting for tenants: RentZap
Resources from Mike and Nichole
Gateway Private Equity Group | Nic’s guide
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Welcome back to another episode of the Richer Geek podcast, we have Charles Carrillo. He's the founder, and managing partner of Harborside Partners, he has been actively involved in over $200 million worth of real estate transactions since 2006. That is a lot of stuff, and under 20 years, he carries extensive knowledge and renovating, and repositioning multifamily, and commercial real estate. And he also invests in ATM's early-stage tech. And we'll get into some of that.
In this episode, we’re discussing…
• [1:36] Charles Carillo's Background
Started investing in real estate in 2006, initially with a three-family house, followed by various residential and commercial properties.
Actively involved in renovating and repositioning properties, particularly in multifamily and some commercial real estate
• [4:37] House Hacking
Charles explains house hacking, a strategy where you live in one unit of multifamily property and rent out the others.
Recommends utilizing FHA loans for 3-4 unit properties with a low down payment.
Emphasizes the financial benefits of living almost rent-free while building equity
• [7:15] Lessons from Self-Managing
Charles discusses the challenges of self-managing lower-class properties.
Stresses the importance of buying better properties in better areas for long-term success.
Highlights the significance of treating tenants fairly and building good relationships for successful property management
• [11:09] Pros and Cons of Self-Management
Charles talks about transitioning from self-management to third-party management.
Advocates for finding a balance, utilizing third-party management for operational efficiency while still being hands-on with key decisions.
Emphasizes the value of building relationships with reliable contractors, especially handymen.
• [17:27] Scaling and Transition to B-Class Properties
Charles shares the pivotal moment of transitioning to B-Class properties from C-Class for better resilience, control, and predictability.
Underlines the significance of having a solid management system and the ability to scale when working with investors.
• [18:08] Importance of Personal Project Experience
Advises against jumping into syndications without personal project experience.
Encourages investors to gain hands-on experience, learn from mistakes, and prove their ability to manage properties effectively before seeking investor funds.
• [20:46] Minimum Viable Product (MVP)
Charles recommends having a minimum viable product and showcasing a successful self-funded project before pursuing syndications.
Stresses the value of demonstrating competence to potential investors through personal experience.
• [23:27] Where to Find Charles Carillo
Charles provides information on how to connect with him.
Website: Harborside Partners
• [24:56] Podcast and Coaching
Charles hosts a podcast with strategy and interview episodes available on the website.
Offers coaching services, providing one-on-one guidance.
Resources from Charles
Harborside Partners | YouTube | Facebook | Charles Carillo LinkedIn | Charles Carillo Facebook | Instagram
Resources from Mike and Nichole
Gateway Private Equity Group | Nic’s guide
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Welcome back to another episode of the Richer Geek podcast. Today we have Blake Hutchison. He's the CEO of flippa.com flipa.com. It is the world's largest marketplace to buy and sell online businesses. He leaves the teams to build-out a product empowering exit and ownership for business owners and entrepreneurs globally. before running Flippa, Blake held leadership roles across multiple fast-growth tech businesses, across e-commerce and SaaS.
In this episode, we’re discussing…
· [3:13] Blake's entrepreneurial journey and background
· [5:31] Overview of Flippa as the top marketplace for buying and selling digital assets
· [6:46] Criteria for selling a blog or online business on Flippa
· [9:49] Importance of age, revenue, and traffic in selling digital assets
· [10:13] Discuss the "buy, fix, and hold" strategy
· [13:16:] Services and deal room on Flippa for business buyers
· [16:09] Importance of market research and analysis before buying a business
· [18:03] Insight into building and scaling businesses today
· [23:42] Book recommendations: "Black Box Thinking" and "The Hard Thing About Hard Things."
Resource from Blake
Flippa | Blake Linked In
Resource from Mike and Nichole
Gateway Private Equity Group | Nic’s guide
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Today we have Adam Littlefield. This guy has been in PropTech for a long time. He's been with companies like Invitation Homes, Zillow Fellow, he leads a real estate Operations Team now, at investment.com. We'll get into that a little bit. He's the senior vice president of real estate. He has a proven track record of success in the REIT, Single-family rentals, iBuyer spaces. They're concentrating on some short-term rentals. And He's highly skilled and leading the acquisition, renovation asset management of hundreds and hundreds of properties.
In this episode, we’re discussing…
[3:23] His BackgroundAdam shares his background in PropTech, real estate operations, and his journey from construction to business in real estate.
[3:23 - 5:58] Exploring PropTech and FintechAdam discusses his experience in PropTech and fintech, working with companies like Invitation Homes and Zillow.
The conversation moves towards fractional investing and the birth of investment.com.
[6:20 - 9:39] Fractional Investing with Investment.comAdam explains how investment.com allows individuals to invest in real estate for as little as $100.
The discussion includes regulatory aspects like Reg D and Reg A+, making investments accessible to both accredited and non-accredited investors.
[10:11 - 14:32] Short Term Rentals and RegulationsFocus on short-term rentals (STRs) and the challenges related to changing regulations in different cities.
Adam emphasizes the importance of due diligence in understanding local regulations before investing in STRs.
[15:49 - 21:40] Investment.com Portfolio and Future PlansAdam details the current properties available on investment.com, including oceanfront and wine country short-term rentals.
The conversation expands to plans, including diversification into single-family rentals, multifamily, hospitality, private equity, and more.
[21:49 - 23:40] How to Invest with Investment.comAdam provides information on how listeners can invest through investment.com, mentioning the iOS app, upcoming website revamp, and the Learning Center for Education.
Average expected returns are discussed, aiming for 8-10% on current short-term rental products.
[23:40 - end] Closing and Contact Information Adam shares his contact information, including LinkedIn, and encourages listeners to explore investment.com for opportunities.Resources from Adam
Investment.com
Resources from Mike
Gateway Private Equity Group | Nic’s guide
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Welcome back to another episode of The Richer Geek. It's been a while since I've talked to hotels, so I thought I would bring the lovely Nichole on to ask me some questions about changing franchises. That's been a very popular conversation piece on why you would switch it what are the headaches? And what does it take to do it in some of the questions that influenced me to choose a different franchise?
In this episode, we’re discussing…
· [1:28 – 3:45] Introduction and Motivation for a Hotel Franchise Change
Mike bought a hotel and realized the need to change franchises for better market share.
Motivation: Increasing reward members from 20 million to over 100 million.
· [4:05 – 5:58] Hotel Franchise Agreement and Negotiation
Initial franchise agreements range from 5 to 20 years.
· [5:58 – 8:51] Negotiating break fees with specialized attorneys for franchise transitions.
Considerations when choosing a new franchise.
· [9:19 – 12:44] Transition Process and Overlapping
Challenges of running two different systems during the transition.
It is negotiating with both old and new franchises simultaneously.
Overlapping issues with reservations and back-end systems.
· [16:52 – 19:03] Positive Impacts of Hotel Franchise Change
Positive outcomes: Increased market share, better rewards programs, and direct bookings.
I was switching from a small to a global franchise for improved support.
· [19:22 – 23:08] Key Lessons Learned for Potential Franchise Switch
Hire a contract attorney for negotiation.
Do thorough due diligence, consider multiple franchises, and negotiate terms.
Patience during the process and understanding the positive impact in the long run.
· [23:38] Closing and Preview
Advice not to get frustrated during the process.
A sneak peek into future episodes and updates.
Resources from Mike and Nichole
Gatewaype | Nic’s guide
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Welcome back to another episode of the Richer Geek podcast, we have a returning guest just because he's so special with us. We have Brian Davis, SparkRental.com. He's a real estate investor, personal finance writer, and founder of Spark Rental. He owns fractional shares in over 1500 units. And he's a real estate and personal finance expert. Everyone knows these names in the US News World Report bigger pockets and go bacon rates.
Find complete show notes and more information at therichergeek.com/podcast
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Welcome back to another episode of the richer geek podcast, today we have Stefan Von Imhof. Stefan is the co-founder and CEO of Alts.co. He’s a huge fan of alternative investing and has a strong background in alternative asset analysis and valuations. Prior to co-founding Alts.co, Stefan was Head of Product at Flippa where he created Flippa’s Due Diligence Program.
Find complete show notes and more information at therichergeek.com/podcast
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Today we have Bob Bernotas. Meet Bob, one of the nation’s top franchise consultants, who is passionate about helping people achieve the greatest level of satisfaction and success through franchise ownership. With years of experience guiding clients toward top-performing franchise brands, Bob provides personalized guidance and support throughout the entire process of franchise exploration. Whether you’re looking for an exit strategy from corporate life or a semi-passive opportunity, Bob is here to help you find your perfect match and create a brighter future.
Find complete show notes and more information at therichergeek.com/podcast
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