Money School Elite

There are two massive lies that pervade real estate investing - that you can succeed without direct actions that generate wealth, and that you have to take advantage of people to win.    We can choose to do things differently.    Doing what other people aren't willing to do is what will propel us to achieve our wildest dreams and make an impact. It's possible to sell and still be likable . We can...

Some of today's most successful real estate investors cut their teeth during the 2008 recession, and they have a unique understanding of how to tailor their strategies for down markets.    The crash served as the perfect training ground to identify opportunities and potential pitfalls.    What we're seeing in the market right now is all too familiar. We're clearly headed for a huge downturn, and w...

When capital is the barrier to our ability to scale, and we're tapped out on our own resources, partnering with investors is the best path to more deals.    Whether we borrow money from family or private investors, people want to work with us because they know they can trust us.   Integrity and good stewardship of other people's money is the key to a good reputation in this business, and it's the...

Real estate investing isn't just a wealth building vehicle for people who choose to pursue it full time - it's also the perfect path to passive income for those working a 9-5 job.    It's a chance to explore your entrepreneurial style, benefit from the real estate market, and put your unique skills and abilities to good use.    Even though investing while you have a full-time job requires a differ...

To most ordinary people, it seems like wealthy people play the finance game from a secret playbook we can't access.   They may use tactics that are different to what we've been taught - but the good news is that this knowledge is available and we can leverage it in our own financial plans.   Business credit and LLCs are the most common ways that wealthy individuals set themselves up for success in...

The real estate investor's journey requires uncomfortable sacrifices, especially in the beginning. We have to sacrifice time, money and our own comfort to create a business worth having.    The most successful people who came from nothing have faced the tough choice between their immediate financial needs, and the money required to keep the business going for the foreseeable future.    For my gues...

Personal funding doesn't have to be the barrier that keeps us from becoming real estate investors. One alternate strategy is to tap into other people's money, and we can only do that if we learn to be good stewards of investor capital.    Delivering for our investors has to be the most important thing, and at the top of our list of priorities in business. If we set up a win-win scenario for all pa...

One of the fundamental truths about investing is that the stock market is incredibly volatile and fickle, and that the people who do well over time opt for a more stable wealth building vehicle.   Many investors who were burned in the last recession have worked on building something that is more stable - and very often that's investing in loans. The people who invest in loans often do better than...

When the market is good, people flood into real estate on the promise of earning tons of money. The problem is, a market this good can only be followed by a huge correction, and newly minted agents who wanted instant gratification will be in for a rude awakening.   Real estate is a long-term play, not a path to short term gain. It takes time and hard work to really get traction.   My guest today i...

When a 90-year cycle meets a 40-year downturn, what we can expect is the greatest bubble in history, followed by an adjustment that's literally decades in the making.   Bubbles will always burst, and they will always end badly for anyone caught in the financial aftermath.   We're about to see a big adjustment in our economy unfold right in front of our eyes, but most people are not only blind to i...

Human beings have to choose between two paths - conformity or creating an amazing life for ourselves.   If we want to build wealth and gain personal freedom, we have to take a journey of clarity and create a life outside of the financial lessons forced upon us.   This is where the Infinite Banking Concept comes in. It is a process of creativity and unlimited opportunity that requires changing one...

Finding suitable funding for deals is the biggest hurdle investors face. It's the one thing that holds people back from pursuing real estate as a path to financial freedom.   But money doesn't have to be a hurdle if we know where to find it.   There are so many creative avenues for financing deals, even if we're just starting out.   If we want to move our investing along faster, work smarter and m...

The most lucrative and profitable part of real estate takes place right in front of agents, but the opportunities often pass them by. While they are exposed to wealth distribution, a very small number of agents are able to experience true wealth and retire comfortably.   To change this in a meaningful way, real estate agents need to start participating in the conversation around asset building and...

Very few people in our world are able to live their perfect life. Instead of living authentically, most people are miserable and over-burdened in their daily lives.   It goes back to how we were programmed as kids.   We're taught to conform, not to take risks, and even when we're encouraged to dream big, those same people also tell us to be realistic.   The result? A world filled with angry people...

The journey to financial freedom begins when we learn the truth about money, see what the wealthy do with it, and most importantly, implement it in our own lives.   We're currently living through some of the most economically volatile times in our nation's history. Times of great uncertainty are also times of great opportunity. These are the times that turn people into millionaires and set them up...

Conventional financial advice dictates that we should save everything, spend nothing, let compound interest work for us and hope that will give us a good life.   The sad truth is, this is a big lie financial advisors get people to buy into. Instead of parking our money, making it work hard for us is the true path to financial independence and freedom.   There's a huge difference between accumulati...

The real estate investing game is all about relationships. We need to have relationships with our community, the sellers, our private lenders and bankers.   Those relationships are impacted by one thing, credibility.   People often focus only on the idea that a good deal is enough to persuade a private lender. The truth is, if we don't have a reputation of competence and integrity, even the best d...

Success in real estate investing is all about following a formula, but a lot of the training out there only focuses on what to do when everything goes right. More often than not, we have to learn what not to do, and how to avoid the common pitfalls so many investors have had to experience the hard way.   Some of the most successful investors have learned from the mistakes they made early on. From...

Real estate is a powerful vehicle for cash flow and financial freedom, but any investor will tell you the worst part of it is dealing with houses. Luckily, there is another way to invest that gives us the benefits without the headaches, and it's largely under the radar.   What if you could get all the great things about investing without the hassle of homes, lenders, contractors, building inspecto...

The stock market crash in March sent shockwaves and fear through institutional investors and triggered a flight to safety and a flurry of real estate investing. Seeing so much activity in the market can trick many people into believing that everything is back to normal.   But the smartest investors know the economy isn't quite out of the woods yet.   As investors, we have two options right now. We...

Hard money lenders are one of the most common sources of funding for investors, but not all lenders are created equal. With many in the business, there's no personal relationship and investors are nothing more than a number and a piece of paper. The impersonal nature of such a relationship can be a huge disadvantage.   But there are hard money lenders who are doing things differently. They have fo...

For many people, the covid-19 crisis has been a huge financial obstacle and a total departure from what we consider normal. But at the same time, there are investors who are crushing it right now. There are people who see opportunity at a time where everyone else is fearful.   What makes them different to everyone else?   They don't follow the herd. They have defined what opportunity looks like, a...

Real estate asset classes like retail and multi-family used to be the crown jewels of investing. Now they are volatile and even declining in today's economy.    The same market shifts that have made these asset classes fall out of economic favor have benefitted one asset class in particular, self-storage. In 2020, it has emerged as the most attractive pivot in commercial real estate.    The econom...

As we continue to make our way through the volatile coronavirus economy, one of the biggest points of discussion is whether commercial real estate is doomed in light of lockdowns and the growth of the work-from-home model.    However, offices and retail spaces are quickly becoming great opportunities in commercial real estate, and other sectors are actually ramping up too.    One of the most valua...

Many entrepreneurs learn the hard way that we can't hustle and grind our way out of a business without systems and processes. Our business should free us from the day-to-day routine tasks that consume our time and energy.   Business leaders who feel trapped by their businesses don't just end up with stress, they rob themselves of the ideas and insights that provide exponential growth. We are suppo...