The Real Estate Way to Wealth and Freedom Podcast
Inaky Strick began his real estate career at Sotheby’s International Realty where he represented luxury custom builders.
He then moved down to the Caribbean to become the Business Development Manager for Mahogany Bay Village; the largest and first luxury branded resort in the country of Belize.
Today, Inaky is the Director of Investor Relations at Four Peaks Capital Partners, a private real estate investment firm that focuses on mobile home park communities and gives accredited investors the opportunity to invest passively.
He is also a #1 Amazon bestselling co-author of The One Thing That Changed Everything. Endorsed by Brian Tracy, this book is for anyone who is seeking mentors who have found a path to success.
Anything in this life that’s worthwhile doing, will likely take a a lot of work and effort. But it’s this exact mindset that keeps us from pursing those worthwhile things. Maybe you want to travel the world, but you only know one language, don’t have a clue about international travel, and can barely afford a…
Scott Hollister is a former teacher in a small rural town in Connecticut. His real estate interests started after reading a few books on Real Estate Investing. Scott graduated with student debt and didn’t like the thought of paying his debt back over 20 years.He knew he could overcome and offset his “bad” decision to borrow money for college by educating himself and sticking to sound investing principles. Since leaving teaching, Investing in Real Estate has become his full time passion.
We, as individuals, each have our own ideas of what success means to us. We look into the future and imagine ourselves happy, healthy, wealthy, and on top of the world. We like to envision what our lives will be like when we have no worries, stress, or responsibilities. If I asked you to picture…
Mark Willis, is a CERTIFIED FINANCIAL PLANNER™, a #1 Best Selling Author and the owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. Over the years, he has helped hundreds of his clients take back control of their financial future and build their businesses with sophisticated, tax-efficient financial solutions.
He specializes in building custom-tailored financial strategies that are unknown to typical stock-jockeys, attorneys, or other financial gurus. As co-host of the Not Your Average Financial Podcast, he shares some of his strategies for investing in real estate, saving and paying for college without going broke, and creating an income in retirement you can’t outlive.
Mark works with people who want to grow their wealth in ways that are safe and predictable, become their own source of financing, and create tax-free income in retirement.
The chosen asset asset class of the wealthy – real estate
Diversifying vs. non-correlated assets
3 Ways people build wealth – real estate, business ownership, & paper assets
The safe withdrawal rate from your 401(k) or IRA is only 2.5% (with a 90% success rate)
The shortcomings of real estate investing
Being your own bank
Whole life insurance – how it can help you with financial transactions
What was your biggest hurdle getting started in real estate investing, and how did you overcome it?
Mark’s own mindset got in his way – understanding how money works.
Do you have a personal habit that contributes to your success?
Choose health every day.
Do you have an online resource that you find valuable?
What book would you recommend to the listeners and why?
The Bank of Yourself Revolution by Yellen
If you were to give advice to your 20 year old self to get started in real estate investing, what would it be?
Learn to think like a banker.
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Not Your Average Financial Podcast
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Getting started investing in real estate can be a mental challenge for some people. There are people who know they want to invest in real estate, but get caught up in the weeds looking at only one page of the book. So with that, today we’re going to paint a full picture of how real estate investing can benefit you, and provide you with some points to focus on.
Welcome to episode 95! To date, we’ve had so many great guests on the podcast from big time investors like Rod Khleif, Vinney Chopra, Ivan Barratt, Joe Fairless, & Brian Burke to thought leaders like Keith Weinhold, Damion Lupo, and Ben Leybovich, young guns Lane Kawaoka and BiggerPockets Vice President, Scott Trench, to professional capital raisers, Rich Dad Advisor, Darren Weeks, and David Thompson.
Each of these guests have shared with us their journey, background, and invaluable lessons they’ve learned. There are some common qualities, actions, advice, and paths we’ve learned from every one of these real estate professionals. We’re going to highlight some of these and break then down into a step by step guide to get you started investing in real estate, and grow your portfolio.
No matter how much money one has, at some point they will run out of their own money to invest in real estate. It happens to everyone, both big time investors, and first time house hackers. The difference in those who continue to grow their real estate empire and those who don’t or can’t, is the ability to execute creative financing or use other people’s money by raising capital.
Edna Keep, a former financial adviser, has built a real estate portfolio to over 437 doors with a value of $47 million over the past nine years. All except the first two properties were bought with the help of other people’s money.
Edna, along with her husband, Warren, an own 14 doors personally and the rest with joint venture partners. Most of these partners are passive investors looking for a great rate of return without being actively involved in generating it.
Life if full of choices. There are countless paths you can take. There are even many different paths you can take that will lead to the same destination. As with anything else, life is a balance of paths. When taking on a new challenge, you are faced with what I like to call the Learn-Do…
"This podcast offers a great perspective for people who are just getting started in real estate investing. I HIGHLY recommend it!"
- Nathan B.
"Don't pass this podcast up! I was unsure about adding another podcast to my library, but this one has proven to be invaluable in my investing journey!"
- Ernest D.
La Porte, Texas
"I've tried my hand at stocks, and let's just say it didn't go as well as I planned. This podcast has helped me realize the multiple benefits of real estate investing. I just wish I would have started sooner!"
- Jonathan C.