12 NOV 2020 · “Let’s say you had a $200,000 income and you had $100,000 of deductions, well, instead of paying taxes on $200,000, you’re now only paying taxes on $100,000. That creates a net, real cash value of how much you would have had to pay in taxes, and that’s pretty significant. Again, over $500,000 is like ten x-ing your money!” – Yonah Weiss I’m joined this week by Yonah Weiss, Business Director at Madison SPECS, a national real estate cost segregation leader. While at Madison, Yonah has assisted clients in saving tens of millions of dollars on taxes through cost segregation. Yonah started with a background in teaching and found himself looking for something new just a few years ago. In his search for a career change, he discovered a multitude of opportunities in the real estate investing industry. Yonah joins me on today’s show to fully break down what cost segregation means and how it could save real estate investors loads of capital. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/yonah-weiss-saving-thousands-on-taxes-using-cost-segregation

4 NOV 2020 · “You mean to tell me that if I invest in one offering, I’m diversified? And, on top of that, I’m only sitting down and looking at it one time? Alright, cool, let me see the newsletters and distributions after that because I’m pretty much sold on that aspect!” – John Fortes I’m joined this week by John Fortes, Managing Director of The Fortes Company, a multifamily private equity investment firm. Looking for a passive income while refereeing high-level NCAA basketball games led John to dabbling in real estate investing. John wanted to be able to have more flexibility to referee what games he wanted, when he wanted, as well as to spend more time with his beautiful wife and children. Fast forward a couple of years, and the Fortes Company has helped families invest in more than $70 million in multifamily investments that’s allowed them to secure financial security, preserve and grow their wealth, as well as compound investments as they achieve their financial independence. John joins me on today’s show to take me on his real estate journey and speak on the differences between real estate investment funds and syndications. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/john-fortes-how-a-college-basketball-referee-invested-70-million-in-multifamily

7 OCT 2020 · “I wanted to build up enough cash flow to achieve financial freedom so that I could live life on my own terms. What that meant for me was, eventually getting to a point where I could replace my ‘earned’ income with ‘passive’ income, and the key to that, for me, was through cash-flow investment properties.” – Jacob Ayers I’m joined this week by multifamily real estate investor, Jacob Ayers. After earning a degree in Fire Protection and Safety Engineering at Oklahoma State University, Jacob headed to Houston, Texas, and dove into the corporate world. It didn’t take him long to realize that going to college and getting a good job was not all it was made out to be. He wanted more financial freedom, fewer KPI’s, and an escape from the nine-to-five. At the young age of 25, Jacob started his real estate investing journey, buying his first rental property and quickly after, transitioning into buying small multifamily properties. Jacob joins me on today’s show to take me on his journey of becoming a young multifamily real estate investor, all while juggling a day job. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. * NOTE – I had some microphone challenges in this episode, so please forgive the couple of instances of muffled audio – all part of the learning curve. The thing is, when I talk about building “wealth,” I’m talking about more than just money. I’m talking about mindset and your mental outlook; I’m talking about your spiritual health; and I’m talking about how much time you have in your life – for your family, for yourself, or to just do the things you want to do. Never be afraid to encounter challenges – this is where we do our most significant growing. And never let perfectionism keep you from making progress and building wealth! 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/jacob-ayers-how-a-first-rental-property-was-purchased-at-25-years-old

30 SEP 2020 · “A self-directed IRA just means that it’s a retirement account. It’s a tax-deferred retirement account where you can control exactly what you want to invest in rather than being limited by a bank or a brokerage firm.” – Scott Maurer We’re switching things up just a little bit this week and talking about one funding stream in particular for your real estate investments. My guest works with many of my current clients and helps them to better understand how a “self-directed IRA” can help them invest in passive real estate deals like multifamily properties. As a Certified IRA Services Professional and the director of business development at Advanta IRA, (and a lawyer by degree) Scott Maurer, also spends much of his time educating others on the ins-and-outs of self-directed IRAs and on what Advanta can do to help them make the right decisions when it comes to the IRS code. Scott joins me today to discuss some of those rules and explains how investing with a self-directed IRA is a great tax-free investing option. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/scott-maurer-how-to-invest-in-real-estate-tax-free-with-a-self-directed-ira

23 SEP 2020 · “He literally put his hand on my shoulder, and he’s like, ‘Brian, you don’t need to be doing that…just find a partner and go big.’ I’ll use the seventh grade dance analogy, you now, your first dance in the seventh grade. There’s a couple people in the middle dancing and everybody else is standing on the wall. That conversation basically took me from the wall to the dance floor.” – Brian Briscoe I’m joined this week by a dedicated Marine Corps Lieutenant Colonel-turned-real estate investor, Brian Briscoe. Brian has served our country for nearly twenty years in the Marine’s, is co-founder of the multifamily investment firm Four Oaks Capital, and also has his own podcast, Diary of an Apartment Investor, which brings an experienced and an aspiring investor together on each episode. Brian joins me on today’s show to take me on his journey of becoming a successful multifamily real estate investor with $7.5 million in assets under management. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/brian-briscoe-marine-to-multifamily

17 SEP 2020 · “I went back to an old game we played and it’s called Monopoly. And I realized you don’t broker real estate in Monopoly, you buy the land; you build wealth.” – Chris Salerno I’m joined this week by a really impressive young investor, the Founder and CEO of QC Capital, LLC, out of Charlotte, North Carolina, Chris Salerno. By the time Chris was 24, he had successfully transacted more than $40 million in real estate volume and helped lead his team to produce more than $140 million in annual sales. He has been named to Charlotte’s prestigious “30 Under 30” list and has been nominated to the even more prestigious Forbes ”30 Under 30” list! Chris joins me to share his passion for the real estate investing business and shares, not one, but two confessions that new investors absolutely must hear. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/chris-salerno-finding-passion-and-purpose-in-everyday-life

10 SEP 2020 · “What If I do that for a 10-unit building? What if I did it for a 20-unit building? What if I did it for a hundred-unit building? I can do the same amount of work, maybe a little bit more, for a LOT more return!” – Kimberly Marie My guest this week is physical therapist-turned-real estate investor, Kimberly Marie from Red Door Renovations, a luxury residential investment company focusing on the downtown neighborhoods of Indianapolis, Indiana. Kimberly was already embarking on her PT career when she discovered real estate investing quite by accident. Now, she’s focused on helping to rebuild the very downtown Indy community that she lives in. Kimberly shares her path to real estate investing and a confession that helps keep her focused on success. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/kimberly-marie-physical-therapist-turned-real-estate-investor

3 SEP 2020 · “Understanding why you’re doing this is the most important thing. Knowing that this business is a crockpot – this isn’t a microwave business.” – Derek Clifford This week, I’m joined by my friend Derek Clifford, CEO of Elevate Equity. Not only is Derek a successful single- and multifamily real estate investor, having acquired 13 out-of-state units in his first year alone, but he’s built his portfolio while working a full-time W2 job! Derek is also (appropriately) author of the book, “Part-Time Real Estate Investing for Full-Time Professionals,” where he demystifies real estate investing for those with moderate incomes and full-time jobs. Derek shares his strategies for better time-management, and his approach to building “good” debt. Plus, a confession about the perils of losing sight of what matters most. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/derek-clifford-building-a-real-estate-business-while-working-a-full-time-job

3 SEP 2020 · “…there was so much more opportunity with real estate. A scalable business model could be built where I could work really hard at the beginning and then…basically be paid in perpetuity for the rest of my life.” – Sunitha Rao On this episode, I’m talking with a former professional tennis player, Olympian, and corporate finance professional – all of that before she started building a successful residential real estate investment company! In fact, Sunitha Rao has built a nine-door residential portfolio over the past two and a half years. And while she may have dropped out of school after the 6th grade to chase her professional and Olympic dreams, that didn’t stop her from getting caught up on her education as an adult and completing the prestigious Villanova MBA program. Sunitha shares how she went from grade-school drop-out to Olympian to real estate investor, sharing insights on what helped her to find her niche and build a successful real estate investment business. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/sunitha-rao-tennis-olympian-turned-real-estate-investor

25 AUG 2020 · “…the biggest thing I would like to suggest to your audience is there is 28.7 trillion, $28.7 trillion in retirement funds in USA alone.” – Vinney Chopra This week, I pull back the curtain and introduce you to my mentor, Vinney Chopra, a real estate investor who currently owns and manages roughly $360 million in commercial, multifamily assets. The podcaster, author, and CEO of Moneil Investment Group shares his story of leaving his native homeland of India with just $7 in his pocket while making his way to the U.S. to fulfill his version of the American Dream. Vinney shares his secrets to a positive mindset and creating a life of wealth in real estate investing, along with a confession of his favorite real estate investment opportunity today. To learn more about how you can start creating wealth through multifamily real estate investing, visit us at LegacyBloom.com. 50 Shades of Wealth – Confessions of a Real Estate Investor https://businessinnovatorsradio.com/50-shades-of-wealth-confessions-of-a-real-estate-investor/ Source: https://businessinnovatorsradio.com/vinney-chopra-moneil-investment-group