The Art of Passive Income

Chase Maher is an Investor, Business Owner, and Podcaster who is constantly exploring the best ways to make more money and impact while not sacrificing the pleasures of an incredible lifestyle. He has been investing in Real Estate since he was 18 years old, and has held multiple honors as a Real Estate Agent in San Diego, California. He is known for using his expertise in negotiating and marketing which he applies to real-life situations, making him an excellent fit for buyers and sellers looking to get an advantage in a competitive market. Chase's background and knowledge in investment consultation allow him to view properties from a different, more client-friendly angle. His you-first attitude creates a sense of comfort for him, thus reassuring them that they are in the right hands. His ability to relate to all types of clients from first-time homebuyers to luxury real estate owners gives him a cutting edge above many others in his niche. Today, Chase is a full-time Investor with multiple income streams.Listen in as they discuss:Chase’s journey to where he is at now.What it takes to create cash flow for yourself.How to differentiate your business from others in your niche.Financing business deals.Chase’s business model.What decisions would Chase have made then if he had known what he knows now?Active and passive incomeAnd, more!Chase also shares with us how he runs his business and some of the biggest mistakes he has seen done in his niche.TIP OF THE WEEKMark: My tip of the week is learn more about Chase Maher and how he does what he does, read his blog. It's really interesting, go to chasemaher.com. Chase: My tip of the week would be for anybody who's listening to this and you vibed to what I'm saying, you want to learn how to build a business that's worth building, investing in a way so you could have a life worth living, and when you're done listening to Mark's Podcast and you want another podcast to listen to it would be mine, Life Worth Chasing Podcast (a top 75th ranked podcast entrepreneur). If you want to learn more about that, go to Life Worth Chasing Podcast.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want.

Joining Mark this week are:Teria HarrisMike ZainoTate LitchfieldScott BossmanErik PetersonListen in as they go around the table and talk about acquiring land while combating inflation and the approach they take to buy and sell land when there is a price increase. Also, the Land Geeks share some advice on how to tackle the market during an inflationary period and more.TIP OF THE WEEKTeria: My tip of the week is actually a tip that I gave during Bootcamp.  But a couple of my coaching students just over the last two weeks had been asking me about "are these Facebook pictures?", so you're marketing your properties on Facebook, and Facebook is a free platform, a great place to market and there are some new ones there. But how many pictures do I need to post, what if I ran out of pictures, how do I navigate the pictures? Two tips: one is to go out to google and maybe google your county, and find pictures of the area. When you're posting on Facebook you don't necessarily have to have pictures of the  actual property. I mean, that works but you can also post pictures of that area as long as you are clear in the body of your ad. So go out, be creative, find pictures of the area, and post. Just be honest from where you get the pictures from.Want To Listen More?Did you enjoy this episode? If you did, check out one of our exciting roundtable episodes where we discuss negotiating prices with your buyers.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?

Victor Menasce is a real estate investor and developer, author, mentor, and engineering genius. His journey into the real estate industry came about out of his need for a change in routine after spending 25 years in the high-tech industry. He started his real estate journey locally in Canada before quickly moving into the US markets when he became aware of the prospects for additional investments and the opportunity to widen his network. Through many trials and errors, Victor has managed to establish himself as a highly sought-after real estate investor and developer with over 9 years’ worth of experience.Before becoming a force to reckon with in the real estate industry, Victor spent 25 years of his professional life filling the roles of Vice President of Engineering at Wavesat, which is a developer of chips for wireless networks, and Chief Technical Officer at Applied Micro Circuits Corporation, a Silicon Valley-based public company that creates processors for use in many consumer products like televisions and gaming devices. As a serial entrepreneur, he had the role of founder and Chief Operating Officer at Somerset Technologies. Also, he held several senior roles in marketing and engineering with Tundra Semiconductor before moving on to start his career at Bell Northern Research and Nortel where he designed microchips that were utilized in the manipulation of the telephone network.Today as Victor enjoys his life as a real estate ‘big shot’, he looks back at his engineering days with a smile on his face as he realizes that for approximately a decade, 54% of the phone calls in North America were routed by a microchip designed by him.Listen in as they discuss:Victor’s unorthodox journey into the real estate industry and his incredible ability to secure quality investors for any business venture. Building a responsible financial relationship.Charting an admirable business track record.Seeking out compelling opportunities.Creating perfect alignment between your goals for the money and your goals for a project.Forming mutually beneficial business collaborations to give your business the boost you need that cannot be gained on your own.Stepping outside of your comfort zone for the good of your businessBeing very specific with your investment goals.Assessing your environment and business associations to see if they are adding to your business or taking away from it.Understanding that there is a thin line between seeking opportunities from your network and solely using them for the good of your business.And, more!Business is a team sport. ~Victor MenasceTIP OF THE WEEKMark: My tip of the week is, learn more how to raise magnetic capital, go to victorjm.com; start raising capital, start becoming a farmer and get the step-by-step way to do that, and start building confidence in raising capital because in our niche or in anything Real Estate you are eventually going to need other people's money. This is how we are going to scale in life. Raise other people's money, other people's time and that's how you scale.Scott: People have different relationships with money, sometimes money scares you like you can't talk about it. Some people are good at it, some are scared of it so check out this book The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan Housel. If you want to learn more about money, build a relationship with it: it's not about being greedy, it's understanding that it's a tool.Victor: I'm the host of the Real Estate Espresso Podcast, like the Italian Coffee, it's literally your morning shot of what's new in the world of real estate investing. It's a daily show, 7 days a week and so we would love to have you as listeners. These are short-form podcasts so the weekday shows are literally just five minutes weekend shows involve interviews with notable people from the world of Real Estate Investing and so we'd love to have folks that are listeners on whatever your favorite podcast platform is to our platform —Real Estate Espresso Podcast.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Listen in as they go around the table and discuss the topic “How to Build a Team For Your Business.” They each highlight effective approaches you can take to build a great team if you are getting started in the land business. Tune in to hear more!TIP OF THE WEEKScott: Loom.com is one tip of the week, but there's another one that is also good for a tip of the week. You may have to be a MAC user for this, there's an app called Session (stayinsession.com). This is an app for time management, it's kind of a Pomodoro tool that enables you to segment your day. Let's say you have something on your priority list like county research and you need to sit down and spend or focus time on county research for 25 minutes today. When you go to your timer you can block out all the other apps on your computer: type in county research, set your timer for 25 minutes, and there you go, you can focus time. You can segment your day and at the end of the day, you can see where you spent your time. It does integrate with your calendars as well.Want To Listen More?Did you enjoy this episode? If you did, check out another exciting roundtable episodes where we discuss how to start a successful land business with 10k in 2021.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want when you want, and with whomever you want?

Stephen Somers is a mentor, serial entrepreneur, and co-founder of Marketplace SuperHeroes. He started his entrepreneurship journey selling on Amazon about 7 years ago before meeting his mentor and business partner, Robert Rickey. Together they have generated multiple 7 figures in revenue through a strategic mind-set and consistency in executing their plan of action. Stephen enjoys a stunning level of success today, after pushing through many failed attempts at starting his entrepreneurship venture. His capabilities and potential were the directives that guided him after resigning from the corporate 9-to-5 world, and the fuel behind his bold move to live intentionally and start a passion project which blossomed into a 7-figure revenue-generating machine.  As a person who has experienced good times and bad in his new business, Stephen understands the fear that holds many people back from realizing their true potential and living life on their own terms. As such, he spends his downtime guiding his mentees through a detailed two-phase process to find, brand, import, and sell their very own brand of low-competition, high-profit physical products globally on Amazon.Listen in as they discuss:Stephen’s journey into real estate and how he became a serial entrepreneur.The importance of stepping outside of your comfort zone.The benefits of doing accurate market research before starting your business.Sifting through all the advice, tips, and hacks available for a specific industry to see which ones are more applicable to you.The impact of practicing effective financial management at every phase of your business.How to be patient with your business growth, but not complacent.Setting realistic goals and doing a frequent evaluation.Partnering with like-minded people who have the skills and resources to help your business grow.The art of re-investing in your business.Creating passive income that doesn’t turn out to be another job.The importance of ensuring your business is something you are passionate about.And, more!Become a producer, not a consumer. Everyone is consuming. ~Stephen SomersTIP OF THE WEEKMark: My tip of the week is, learn more at My tip of the week is learn more at marketplacesuperheroes.com; tons of free training and start doubling your money.Scott: Check out this book called How I Built This: The Unexpected Paths of Success from the World's Most Inspiring Entrepreneurs by Guy Raz. Basically, they look at different entrepreneurs and talk about how they grew into success.Stephen: If you're looking to get the real philosophy of Passive Income, there is no better book than The Millionaire Fastlane by M. J. DeMarco. It's an excellent book, it's well worth to read especially for the business model and your listeners involved. There are great stuffs in there like becoming a producer or consumer, a lot of people producing not consuming. There's a great philosophy for building up a business, in whatever businesses you're in. The idea of the book is to build up your business and get on the line then have more capital and cut them from these boring investments that can be very passive. I highly recommend it.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Teria HarrisMike ZainoTate LitchfieldScott BossmanScott ToddListen in as they go around the table and discuss the reasons why they’ve passed on a property before, their experiences being stuck with a property that was challenging to sell, and more!TIP OF THE WEEKTeria: There are apps that can help manage all our tasks, responsibilities, and goals that we may want to set. There are dozens and hundreds of them but I found one that I really like, it's called Strides App, which allows me to set both habits, goals, and any tasks or things that I want to get done. It even allows me to do project basements. It's definitely on apple, it may be on android as well. The free versions will give you three goals and three habits that you can track, the paid one, which is $5 a month, $30 a year, or there's a lifetime for $80.Want To Listen More?Did you enjoy this episode? If you did, check out another one of our exciting roundtable episodes where we discuss how to start a successful land business with 10k in 2021.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want, and with whomever you want?

Brian Ellwood is a business coach, mentor, and real estate entrepreneur, who "retired" from the corporate world at age 30 after amassing dozens of properties to start his real estate portfolio. Through working smartly and forming meaningful relationships, his real estate venture grew into a 7-figure flipping business, which allows him to pursue his lifelong dream of becoming a real estate investing coach. As a serial entrepreneur, he turned this new endeavor into a six figures per year business, while helping dozens of people get into their first investment properties. After 4 years of coaching investors, observing the real estate market, and exploring new trends, Brian transformed his coaching business entirely. Presently he helps other coaches break into the online coaching space and scale their businesses to six figures while enjoying the work they do.While Brian’s story of being a corporate world “drop-out” isn’t unique, most people are afraid to take the risk of giving up a secure position to work on their passion. Brian uses his story and successes as an example to motivate his mentees to become a better version of themselves and getting their business to the level they want, despite difficult situations and setbacks. Having achieved most of his goals, Brian spends his downtime with his wife Carleigh and daughter Everley, discovering Colorado, snowboarding, skateboarding, playing music and video games, and drinking beer with friends.Listen in as they discuss:Brian’s journey into real estate investing, business coaching, and serial entrepreneurship.The art of successfully entering the real estate industry.Tips on how to be effective at wholesaling and diversifying your real estate portfolio.The importance of creating a fool-proof business model.Delaying self-gratification to invest in your business and business opportunities.Learning how to solve your money problems by creating a passive income stream.Understanding the importance of a healthy saving habit while growing your business and diversifying your portfolio.Working smarter, instead of harder to find business opportunities and grow your leads and client following.Adjusting your mindset to set up yourself for success.Tips for forming partnerships with people who are capable of helping your business grow.The impact of demographics on business.And, more!Pick the best strategy that resonates with you and stick with it.~Brian EllwoodTIP OF THE WEEKMark: My tip of the week is to learn more about Brian Ellwood, go to brianellwood.net. Start learning about passive income and becoming totally free with rentals.Scott: Check out this website, it's simpdf.com. This is a PDF editor; you can change the whole document.Brian: There's a book called Psycho-Cybernetics by Maxwell Maltz, one of the greatest books written about mindset. Just read the first three chapters of that book and it will rewire your brain into a different level of confidence, clarity, and vision for yourself. It will help you in the mindset piece because I believe you can figure out a strategy if your mindset is in the right place.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Erik PetersonMike ZainoTate LitchfieldScott BossmanListen in as they go around the table and share their views on the topic. They also kicked off the episode by sharing their biggest takeaway from the Bootcamp.Processes built on theory are never going to work as effective as the ones built on fact ~ Tate LitchfieldTIP OF THE WEEKErik: My tip is called landingpage.fyi, it's  a checklist or a resource for everything you could possibly need to set up your deal of the week in landing page campaigns. It starts off with some related articles about landing pages and why you should use them, it moves you how to register a domain where you can build landing pages and it just keeps going. It's a pretty helpful resource of all the tools you need for that.Want To Listen More?Did you enjoy this episode? If so, check out another one of our exciting roundtable episodes where we discuss how important it is to make decisions solely on you. Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want, and with whomever you want?

Ali Boone is the creator of Hipster Investments, lifestyle entrepreneur, business consultant, and real estate investor. Like many of us, she thought getting good grades in school and landing a dream job was the way to go about living a good life. That is until she went through all these steps, then realized there is more to life. She left her corporate 9-to-5 job as an Aerospace Engineer—despite the "dream job" status that came with it—to follow her passion for being her own boss and truly designing her lifestyle.Ali’s real estate portfolio began with pre-construction investments in Nicaragua and then moved toward turnkey rental properties in several markets throughout the U.S. Seeing that this strategy was successful, she went on to create her company Hipster Investments, which focuses on turnkey rental properties and offers hands-on support for new investors and those going through the investing process.Ali is the author of over 190 articles for BiggerPockets. She has been featured in FOX Business, The Motley Fool, and Personal Real Estate Investor magazine. She has sold over 200 copies of her Turnkey Rental Properties 101 eBook, and was awarded Top 100 Real Estate Investing Blogs & Websites. Her articles focus on teaching the fundamentals of successful rental property, investor psychology, and strategies to aid new investors in starting a real estate portfolio. As a keepsake, she still owns her first turnkey rental properties and is also a co-owner and landlord of local property in Venice Beach.Listen in as they discuss:Ali’s journey into real estate investing, becoming an entrepreneur, and business consultant.How to overcome the societal stereotype of what success looks like.    Understanding how to make real estate investing work for you.The fundamentals of successful rental property.Understanding your goals and crafting opportunities to reach them in a timely manner.Creating a distinction between your passion and a job. Developing the courage to walk away from a sustainable 9-to-5 to do what you are passionate about.  Explore the advantages of passive income and the ones that suit your lifestyle.Overcoming the fear of doing something unconventional, yet intentional for a happier life.And, more! There are three true currencies in life; money, time and sanity. ~Ali BooneTIP OF THE WEEKMark: I found another app called, Simple Habit, it's all these meditation experts and their different voices, all different types of things. That's going to be my tip of the week as well as the free book and give a review, hipsterinvestments.com/artofpassive.Scott: Sometimes you need to have a confidential conversation with someone, maybe you need to pass to them a credit card number or a password. So check out keychat.online, right there on the page it says 'Start a New Chat' or 'Join a Chat'. You'll just enter the code that I sent and then it's a private chat between you and I, it's a good way to pass something. Check it out!Ali: I would love to share my first book to all of you. I made a link specifically for all of you listening. My company is Hipster Investments so go to hipsterinvestments.com/artofpassive. If you go to that link, you can get a free digital copy of the book. It sells on Amazon for 14.99, it's free for you. All I ask in return is if you like it, share it with people you think who can get value from it, and if you're so willing, leave me a book review. As a brand new author, I really need those reviews. You can also get my information; you can reach out and contact me anytime.Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

Joining Mark this week are:Erik PetersonTeria HarrisTate LitchfieldScott ToddListen in as they go around the table and discuss the number of ads to put up when marketing a property based on the marketing platform being used. They also discuss their top three marketing platforms of all time. TIP OF THE WEEKTeria: My tip of the week was going to be dud. My problem was getting spammy emails or just being on the list that I never subscribed to, so I was trying to find a good unsubscribe software that could go through and help me without having to unsubscribe individually with each one, and I found one. It worked well, for maybe 3 or 4 I was trying to unsubscribe, and after that, the fees started adding up for each time I want to unsubscribe. That was my dilemma, that was going to be my tip because the first was like, this is great, I don't have to worry about all of these emails and click, click, click; I can just unsubscribe with one button. But I don't want to pay a ton of money for it.Erik: It's been a while since I've gone through that process, but last time I did,  I believe I used a service called unroll.me. That allowed me to go through and unsubscribe from a bunch of stuff, I don't remember having to pay for it, I don't know if that has changed. But maybe it can help!Mark: Mine is, hey.com. They have a thing called a screener, if you have a subscription that you don't want you can screen them out and you'll never see them again. In fact, you can subscribe to a million things and you can see what it is, and then you can just scream them out. Super easy, super simple. It's $99 a year. I think it's well worth it.Want To Listen More?Did you enjoy this episode? If so, check out another one of our exciting roundtable episodes where we discuss the elements you need to create a good marketing ad.Are you ready to learn more about land investing? Just click HERE to schedule a call.Isn’t it time to create passive income so you can work where you want, when you want, and with whomever you want?