Real Money Talks

If you are in the real estate business, it is crucial that you understand the buying patterns of the different generations. To do this, you need to know the distinct characteristics, attitude, and mentality of each generation to cater to their needs successfully. With millennials having a lot of buying power in this age, deciphering their viewpoint will help in your investment ventures. Today’s guest is my partner, Jesse Brewer. He began investing in rentals when he was only 22. He had bought turnkey rentals even before it became a trend in this field. He has been in the property business for a while now and is very fascinated with millennials. On today’s episode, Jesse and I discuss what differentiates the Millennials from the previous generations. Jesse recognizes that several years from now, 3 out of 4 workers will belong to this generation. Because of this, it is important to know and understand their spending habits, mindset, outlook, and especially the reasons why they do not usually buy and invest in real estate.   “The new American dream is not the American dream.” – Jesse Brewer    In This Episode of Real Money Talks:  Real estate renting and selling in relation to the attitude of millennials Why Jessie targets markets in the urban area Understanding the character of millennials Apartment designs millennial renters like Millennials’ mindset about buying homes concerning school accessibility    Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Do you want to know how you can take your startup company to the next level? Or maybe you’re wondering why your long-running business has stagnated? Do you think your current human resources are enough to resolve your present business predicaments? How does a strategist contribute in the growth of your company? Today’s guest is the person major corporations call when they have a problem. Sean Roach does corporate strategy and is a small business advocate. He is a highly functioning dyslexic and a non-sequential thinker. Aside from these, he believes that part of his gift is to see problems, which makes him an excellent strategist. He is also a big advocate for hiring vets because of the skills they learned in the field. Sean and I talk about the reasons why you need a master coach or strategist to guide you in your business. He shares how a strategist works, elaborates his responsibilities, and explains how he helps companies see what most people don’t see. He believes that there is an amazingly good situation that would come out of every bad situation.     “One of the strategic things you can do is to truly, truly know where you are weak.” – Sean Roach   In This Episode of Real Money Talks:  Difference between a coach and a strategist How to become more strategic Difference between being critical and knowing your weakness How to build strategic partnerships Definition of a good coach/strategist Examples of particular kinds of CEOs to emphasize the importance of knowing when to step down in the growth of a business Kind of people strategists like to work with Business divorce stories that have gone wrong Sean's Tips for You That He Learned from His Mentor: Own nothing. Control everything. For businesses, finalize the divorce before you have a marriage.  Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Do you want to reach more people to promote your services, but don’t seem to know where to start? Do you want to be referred to as an expert in what you do? How do you stand out in the midst of the competition? Today’s guest is an expert at taking the lead in marketing your brand. Sean Roach does corporate strategy for some leading corporations like Apple, Google, and Amazon. He also works with small businesses and solopreneurs since he understands the significance of great marketing, especially when starting a business. On today’s episode, Sean gives some practical tips on how you can position yourself as an expert in what you do. He mentions some dos and don’ts you can quickly follow to promote yourself and your services successfully.  Sean also emphasizes how being specific about your market or niche will drastically change the positioning for you.     “The key thing is you got to position yourself as an expert in whatever you’re doing.” – Sean Roach    In This Episode of Real Money Talks:  How to become an expert at what you do How to define your niche Best places to go for market research Questions to help you figure out your market How to use Amazon to identify your niche What to record on your videos, how to easily do it, and where you can post them How to Position Yourself as an Expert:  Do your market research. Write a book. Become a bestseller. Start recording videos and post them on broadcasting websites.    Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Today’s guest is lawyer and legal coach from Seattle, Washington, Heather Pearce Campbell. Heather is also the founder of an online company called Legal Website Warrior. Aside from her legal practice, she is also part of a restaurant business in Pendleton, Oregon. It is an extension of her father’s western store called Hamley’s, the oldest saddle-making company in America With the many stories of joint ventures gone wrong, it is best to know how to draft a business contract that would deal with the possibility of business partners parting ways in the long run. On today’s episode, Heather shares some practical steps that help make this separation easier, simpler, and smoother for both parties. She explains the rationale behind each step and gives advice on the best possible ways to deal with a business divorce.    “The first thing, and absolutely the most important, is to make sure that the contract you’re using is reflective of the arrangement that you’re putting in place.” – Heather Pearce Campbell   In This Episode of Real Money Talks:  What should be reflected in the business contract and why What you need in a contract How to deal with interstate or international business partnership What litigation, mediation, and arbitration means in business Things to do and consider in advance to assume a strife-free business divorce Checklist in Designing a Business Divorce:  Reflect the actual agreement. Identify the specifics of the who, what, why, where, when, how. Know where the money’s going to be held. Consider the ending, which can be a resolution procedure.    Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Since the invention of the Internet, a lot of people have taken advantage of the accessibility and convenience that this innovation brings. Because of this, more people chose to conduct their business online, but with this new method of trade also comes some challenges that concern not only the safety and security of the consumers, but also of the online business.  Today’s guest is a lawyer and legal coach based in Seattle, Washington. Heather Pearce Campbell offers legal information and services in Washington and provides legal coaching for small businesses and entrepreneurs around the country. On today’s episode, Heather shares the risks that online businesses are in and the means to protect the company. Since more than half of all businesses had to deal with data breach in 2016 alone, the legal rules involving cyber security has also evolved quickly. It is important to be aware of the ways that online businesses can protect themselves from fraudulent transactions and hacking.   “Cyber security insurance policies are the fastest growing insurance policy right now.” – Heather Pearce Campbell    In This Episode of Real Money Talks:  How hacking works as a group that makes small businesses as prone to hacking as big companies The significant risks of online businesses How having terms and conditions play a big part in protecting your intellectual property How the “right click” on the Terms of Use or License Agreement before any purchase can stand up in court and save you from a lot of trouble What a Friendly Fraud is and how you can set up different levels of protection from this How a Privacy Policy protects you if you get hacked Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

If you are a hardworking person who wants to give the best to your family, it is natural for you to go over your monthly expenses and make sure that there is enough money to pay for all your needs. These necessities may include your household utilities, food, mortgage, car loan, college plan, and the like. And every month it’s always the same – you get your paycheck, and after ten minutes of holding your hard-earned money, they’re all gone and put away to account for all the necessary payables. Many people do not know that this is a lifestyle cycle, but you have the choice, just to carry on or start living the wealth cycle.   Today on the Real Money Talks podcast, I am going to talk about the difference between the Lifestyle Cycle and the Wealth Cycle. As you listen in, I want you to look at your behavior and assess which pattern you’re living out. Are you designing your life to be rich? Where are you spending your time and energy? Once you have figured it out, remember that the change in your thinking and spending can make a whole lot of difference in your goal to be rich because it is an activity that requires time and energy. It is a choice. Make yours today.     Focus on income and assets, not on liability and debt.   In This Episode of Real Money Talks:  The one system about becoming a millionaire through tax planning, proper corporate structure, trust, and insurance The wrong focus and thinking associated with the Lifestyle Cycle Definition of Lifestyle Thinking and how the society has designed you to be monthly-payment thinkers How you can see where your focus is – either in the inflow or outflow of money – as you do a simple project by documenting yourself for a month What the Law of Attraction is and how it contributes in reaching your desire to be rich What the Wealth Cycle is and the world’s view of it together with how corporate people live out this cycle Understanding debt and how good debt becomes a leverage     Subscribe, Rate & Share Real Money Talks!         Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!

Do you know the difference between a Trust and a Family Limited Partnership? Many people often believe that they are the same, but they are two very different entities. So, what’s the difference and how can you learn which one is right for you? Should you have both? My brilliant CFO and tax strategist, Weldon Wulstein, joins me on the show again today to explain how these two entities differ, the various types of trusts, and when you should consider getting a trust set up and organized.   “A living trust is not a tax savings vehicle. It is an asset protection vehicle.” – Weldon Wulstein   In This Episode of Real Money Talks: The difference between a living trust and an asset protection trust. Taxation benefits of living trusts vs. asset protection trusts. What is a Family Limited Partnership and how does it work? How gifting Family Limited Partnership interest works. The structure of Family Limited Partnerships and trusts. When you should begin to set up a Family Limited Partnership and trusts and why you should have them set up even when you have insurance. The difference between asset protection, taxation, and estate and family wealth building.     Free Gifts! Download your free copy of the Top 10 Differences Between Trusts and Family Limited Partnerships! Head over to AskLoral.com/podcastgifts to download your free copy today!   Subscribe, Rate & Share Real Money Talks!                     Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!          

President Trump has said many times that he will be raising our interest rates while he is in office, and while I don’t believe we will see a significant increase until at least late-Summer or early-Fall, I do believe that we should prepare ourselves before it happens. That is why I’ve decided to sit down with my CFO and Senior Tax Strategist, Weldon Wulstein, to get his opinion on what it would mean for our listeners if President Trump does, in fact, raise interest rates in the United States. Weldon Wulstein joins me on the show today to share his advice, thoughts, and opinions on what might happen when the interest rates go up, how it will affect our currency, and what consumers need to know to properly prepare themselves for this increase.   “Banks are already anticipating an increase in interest rates.” – Weldon Wulstein   In This Episode of Real Money Talks: How rising interest rates may affect consumers credit card debts and car loans. Will a rise in interest rates make it more difficult to get a mortgage? How the increase will affect other currencies, such as gold. Why he believes it’s better to stay off Wall Street.   Weldon Wulstein’s Advice to Consumers: Consider fixing your variable mortgage or interest rates. Check your credit card cap. Watch the market and pay attention to it.   Subscribe, Rate & Share Real Money Talks!                   Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!         

Today on the Real Money Talks podcast, I want to talk about how to go into business with a friend or partner. Many entrepreneurs often come to a point in their business when they start to consider working with a friend, but often, it can be way more complicated and emotional than entering business with a partner. There are many things you should consider before jumping into a joint venture or partnership with someone – especially with a friend. So, today, I want to give you some food for thought on this to prepare you for the things that can happen and teach you how to go into a joint venture and sustain a healthy relationship with your team.   The best thinking is done in the beginning.   In This Episode of Real Money Talks: What you should consider before entering a joint venture partnership. How to maintain a healthy relationship with your partners. Considering the goals, outcomes, and duration of the deal. Choosing the right people on your team. Creating an exit strategy – before the deal is done. Things to Consider Before Entering a Partnership: Who should be on the team? What are their roles? How will they be compensated? What do you think is fair from where you sit? How do you operationalize the deal and what is the operating agreement? How will you divorce the business? Why you should have your own legal team. Subscribe, Rate & Share Real Money Talks!                 Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!        

Over 60-percent of school-aged children today are raised by a single parent or blended family. Unfortunately, there’s not many resources available to help parents – especially single entrepreneur parents – learn techniques and strategies to get everything done while running a successful business and providing the attention and nurturing care that children need. Today on the Real Money Talks podcast, I’m going to share the story of my personal journey as an investor and entrepreneur while raising a child as a single mother. I want to share the strategies and formula that I used to be able to continue growing my business without sacrificing quality time with my son. My hope is that you use my story and formula as inspiration and motivation to figure out a formula that works for you and to know that – if I can do it, so can you!   Design your life.   In This Episode of Real Money Talks: How to increase the capacity of your day. Becoming a calendar guru and learning the art of “future pacing.” How to hire household help. Dividing the roles of your nanny. The benefits of aligning your nanny’s philosophies with your own. Communicating with your kids and holding family meetings. The benefits of hiring a cross-cultural nanny.     Subscribe, Rate & Share Real Money Talks!               Loral Langemeier is on a mission – to educate and empower the Real Money Talks community on how to have those important money talks that are straight, to the point, and can be applied to every aspect of your life. So, tune in every Monday, Wednesday, and Friday on iTunes to learn, ask Loral a question, and create your path to financial freedom! Don’t forget to leave a review and grab your free gifts on AskLoral.com!