Financial Freedom Fighters

Send a text In this episode, we explore the intentional steps needed to achieve financial freedom by your forties, focusing on key milestones in your twenties, thirties, and forties. Learn why setting financial goals is crucial, how to build a strong financial foundation, and the importance of increasing income, investing wisely, and creating passive income streams. We also discuss setting net wor...

Send a text In this episode, we dive into the seven critical money mistakes that are preventing you from achieving financial freedom. From living paycheck to paycheck to ignoring investing, we break down common financial pitfalls and offer actionable tips to help you get ahead. Learn why having an emergency fund, a financial plan, and multiple income sources are essential for financial security. P...

Send a text In this episode of the Financial Freedom Fighters Podcast, hosts Jacob Sandoval and Michael Magno dive into the common question: 'Do you need an LLC to invest in rental properties?' They explore the pros and cons of setting up an LLC, discussing liability protection, financing complications, and the misconceptions about additional tax benefits. Jacob and Michael share their p...

Send a text In this episode of the Financial Freedom Fighters Podcast, hosts Jacob Sandoval and Michael Magno debunk the outdated concept of the American Dream. They argue that traditional paths like working a corporate job, saving in a 401k, and hoping for a comfortable retirement no longer work in the current economic climate. Instead, they advocate for achieving financial freedom through altern...

Send a text In this episode of the Financial Freedom Fighters podcast, hosts Jacob Sandoval and Mike reflect on the 2024 real estate market and share predictions for 2025. They discuss high mortgage rates, modest home price increases, and the potential impact of the upcoming Trump administration. The episode emphasizes the importance of staying active as an investor and provides insights into econ...

Send a text Join us as we dive into the inspiring journey of Jay Maranan, a seasoned real estate investor who has mastered house hacking, Airbnb, out-of-state investing, and large-scale syndications. Jay shares his personal story, highlighting the importance of mindset, the power of taking action despite fear, and the value of building generational wealth. Don't miss this insightful episode f...

Send a text In this episode, I share my journey of leaving a high-paying yet unfulfilling job, the fears I faced, and how I prepared financially to take the leap. I discuss practical advice for those considering quitting their job, including the importance of financial security and following one's passion. Join me as I reflect on my experiences and the steps I took to find greater fulfillment...

Send a text Join Jacob Sandoval and expert realtor Michael Magno as they dive deep into the intricacies of analyzing rental properties, using a real Cleveland property as their case study. Learn how to filter properties, assess their pros and cons, and calculate potential returns using a rental property calculator. This episode provides tactical tips for first-time investors to set their expectati...

Send a text Join Jacob Sandoval and Michael Magno in this episode as they dive into the inspiring journey of Lorenzo Mercado, a pediatric RN turned real estate investor. Lorenzo shares his evolution from struggling financially, living paycheck to paycheck, to making significant strides in the real estate space. Despite encountering unexpected challenges with his first flip, Lorenzo's story hi...

Send a text In this episode, hosts Jacob Sandoval and Michael Magno discuss the nuances of paying off your mortgage early. They explore the pros and cons based on interest rates, investment journey stages, and personal financial goals. Highlighting real-life scenarios and strategies, they emphasize the importance of having a clear vision and making informed decisions for achieving financial freedo...

Send a text In this episode of the Financial Freedom Fighters Podcast, Jacob guides you through the 10 essential steps to buy your first rental property. From determining your goals and budget to finding an investor-friendly agent and getting your property rented out, this comprehensive guide is packed with practical advice and tools to help you start your real estate investing journey. Join Jacob...

Send a text In this episode of the Financial Freedom Fighters Podcast, hosts Jacob Sandoval and Michael Magno dive deep into the concept of turnkey rental companies. They discuss the potential pitfalls and hidden challenges of these "turnkey" investments, especially for new real estate investors. Jacob and Michael emphasize the importance of doing your own due diligence, working with tru...

Send a text In this episode of the Financial Freedom Fighters Podcast, host Jacob Sandoval and co-host Michael Magno interview Ian Cruz, a successful real estate investor from the Bay Area. Ian shares his journey from working as a CPA to becoming an expert in the Cincinnati real estate market. The discussion covers Ian's investment journey, including his first out-of-state multi-family invest...

Send a text In this episode, Jacob breaks down the path to financial freedom and challenges the traditional 4% rule that many rely on for retirement planning. Discover why aiming for an unrealistic retirement number can keep you trapped and how understanding your living expenses is key to setting a realistic financial freedom goal. Jacob explains how the 4% rule works and why it might not be suffi...

Send a text In this episode of the Financial Freedom Fighters podcast, hosts Jacob Sandoval and Mike Magno explore the essentials of property management for real estate investors. They discuss the importance of choosing the right property manager and outline key questions to ask during the selection process. The conversation also touches on the significance of asset management and maintaining stro...

Send a text In this insightful video, Jacob delves into the age-old debate between investing in rental properties versus stocks. Through a comprehensive seven-round comparison, Jacob breaks down key factors such as appreciation, cash flow, level of effort, volatility, leverage, liquidity, and tax benefits. Even though there is a "winner", Jacob emphasizes the importance of aligning inves...

Send a text In this episode, Jacob interviews Liam Delumpa, a Software Engineer turned real estate investor in the San Francisco Bay Area. Liam reflects on his rollercoaster journey in real estate, starting with the nightmare of his first rental property. Through perseverance and resilience, Liam overcame the initial hurdles, honing his skills and knowledge as an investor. His eventual shift to co...

Send a text In this episode, Jacob shares the details of his first Airbnb investment —a lakefront property in Michigan. Despite the widespread pessimism of Airbnbs in the current environment and the complexities of this specific deal,  Jacob moves forward, excited about the potential of the property. He reveals the property's purchase price, financing, revenue projections, and business plan....

Send a text In this episode, Jacob Sandoval and Mike Magno are joined by Tony, also known as the "CPA Dude," to explore advanced tax strategies and financial planning tactics. They dive into the intricacies of the Short-Term Rental (STR) tax loophole, real estate professional status, and the benefits of 1031 exchanges. Tony offers valuable insights on optimizing tax savings and clarifies...

Send a text This episode dives deep into the multifaceted world of real estate investing, breaking down the four essential components—cashflow, appreciation, loan pay down, and tax benefits. Jacob uses relatable metaphors and practical examples to demystify the complexities of real estate, empowering listeners to harness its wealth-building potential. Whether you're a beginner or seasoned inv...

Send a text In this episode of the Financial Freedom Fighters podcast, hosts Mike Magno and Jacob Sandoval delve into a range of crucial topics for aspiring real estate investors. From the significance of setting clear investment criteria and sticking to a strategy to the pitfalls of thinking too small, they offer valuable insights drawn from their own experiences. Through candid discussions about...

Send a text In this solo episode, Jacob outlines five key reasons why real estate investment remains a lucrative avenue for building long-term wealth and achieving financial freedom, covering aspects such as the housing shortage, passive income potential, leverage advantages, diversification benefits, and its historical track record of creating millionaires. With a blend of practical insights and...

Send a text In this insightful episode, Jacob and Mike are joined by Steve, a seasoned mortgage professional, to unravel the complexities of financing real estate investments. The trio delves into the intricacies of investment property loans, emphasizing the importance of building a solid team and understanding the diverse loan options available. Steve shares valuable insights on debt-service cove...

Send a text Jacob and Mike dive into debunking common real estate myths, encouraging listeners to break free from limiting beliefs. They challenge notions like needing extensive capital or expertise, emphasizing the value of building a team and efficient time management. Closing with motivational messages, the hosts inspire listeners to embrace mistakes, prioritize financial freedom, and leverage...

Send a text In this episode, Jacob and Mike delve into the strategy of house hacking, emphasizing its potential with the 5 percent down payment option from Fannie Mae. They discuss the Federal Reserve's potential interest rate cuts and its impact on the housing market. The hosts also address the role of private equity in single-family homes, debunking misleading statistics. They advocate for...