PassivePockets: The Passive Real Estate Investing Show

Often, when people are working in lucrative occupations, they have a lot of income coming in, but they do not have control of their time, their income, or their life. That is how today’s guest, Peter Kim felt when he was working full time as a doctor. He saw examples of other successful professionals who had bought back their time through multiple income streams and he decided to learn from them. Today’s episode features physician, entrepreneur, investor, and founder & CEO of Passive Income MD, Peter Kim as he and Jim Pfeifer discuss how you can use multiple income streams to gain control of your life and earn back your time. Peter also talks about the benefits of having the right network and community to find quality operators and mitigate the risks of investing in passive real estate. Tune in to learn more about balancing your time practicing your profession on your terms while enjoying the financial freedom and security you get from passive income streams.

Being a successful business owner and entrepreneur can be exciting – until you realize you end up giving half of your money back to the government. Our guest today, Dave Zook, used his tax burden as motivation to find a better way and now has a proven track record of successful investments. In this episode, he shares how he turned his interest in mitigating his tax liability into a business helping other investors reduce their taxes through passive real estate syndications. Dave and Jim Pfeifer discuss many of the different asset classes Dave offers as investments through The Real Asset Investor – including the newest opportunity, car washes. Listen in to learn about new asset classes and how real estate can be a vehicle for tax protection. 

This week’s episode features Anthony Humphress. Anthony has been active in the syndication industry for several years as a GP vs. an LP. Anthony shares how he started syndicating in the Lexington, Ky area working his way up from purchasing single-family homes. He plans to continue to expand his business, focusing on multifamily assets.

True wealth is having assets that produce cash flow - cash flow is they key to sustaining that wealth. In this episode of Passive Investing from Left Field, Paul Moore, the founder of Wellings Capital, joins Jim Pfeifer to share his secrets on how you can keep your wealth growing by investing in cash flowing assets. Paul also shares his strategies for creating wealth and explains the difference between speculation and investing. He also talks about how you can vet sponsors by following the principles from Brian Burke’s book, Hands-Off Investors. Listen to this episode and hear Paul’s strategic plan to create wealth with cash-flowing assets!  For more ideas, you might want to visit on these podcasts:The One Thing Podcast We Study Billionaires Podcast

This week’s episode features Nishant Shah. Nish is an accredited investor from the Chicago area. His W2 role is an anesthesiologist, but he is building his passive investing portfolio to give him flexibility down the road. He is looking to do some group investing with fellow physicians to help diversify his investments and minimize risk. Nish enjoys educating himself on the business through podcasts, books, and via a community like Left Field Investors.

Speculation is often the most exciting and riskiest part of a wealth-building strategy. Venture capital is a great way to potentially boost your overall portfolio returns with a small allocation to this type of speculation. We usually talk about boring (consistent) returns on real estate investments, but today we are switching gears and chasing shiny objects! Listen in as Alec Ellison, Chairman of OurCrowd US, explains how to reduce risk while investing in startups, Series A, unicorns, and much more. These are definitely more risky than our typical real estate investment, but a small and careful allocation to venture capital can have positive effects on your overall portfolio. Tune in as Alec shares his journey with Jim Pfeifer on what it’s like to pursue a proprietary public investment strategy, how to capitalize on the accelerating rate of technological change impacting companies across all industries, and learn why most startups aren’t going public as early or often as in the past. To see the full show notes and transcript, click here.Our sponsor, Tribevest provides the easiest way to form, fund, and manage your Investor Tribe with people you know, like, and trust. Tribevest is the Investor Tribe management platform of choice for Jim Pfeifer and the Left Field Investors’ Community.Tribevest is a strategic partner and sponsor of Passive Investing from Left Field.

David Morovitz was 45 years old when he realized he didn’t have any real estate. He had no possessions besides his own property. That was what triggered him to really start investing more. So he reached out and learned about the world of syndication. He went to meetups and landed right on left-field investors. And thanks to left-field investors, David has been exposed to sponsors from every asset class to really create a diverse portfolio. Having the ability to bounce sponsors and numbers off through so many resources is something you have to take advantage of. So start now while you’re young, don’t wait till you’re 45. Get out there and start investing in real estate.

Most people want to live a life full of choices and without regret – it’s a lot easier to accomplish this if you are financially free. To get there, you need one of the two forms of capital – time or money. Knowing which you have can help you implement an investment strategy to help you achieve your goal of being financially free. Join Jim Pfeifer as he talks with Chris Larsen about how he used his capital to attain financial freedom. Chris is the founder and Managing Partner of Next-Level Income, through which he helps investors become financially independent. Learn more about the value of asking why, how life insurance is a strategy not an investment, and why car wash investments might be the next exciting thing in syndications! All that and more in today’s episode of Passive Investing from Left Field. 

This week’s episode features Brian Piana. Brian is a professor teaching graphic design that started investing passively this past year and is currently in two deals. Brian has found a lot of value from joining a community of like-minded investors to help educate him. He plans to watch the economy for a while before deploying more capital but will be watching for the next great deal.

Franchising is becoming a more popular way to start a business. It allows you to invest in an established business system with a proven track record of success. But how can you find the right franchise for you? Tune in today to hear Kim Daly share her insights. Kim is the Franchise Consultant at The Daly Coach, one of America’s Top Franchise Consultants, Founder & Host of KimDaly.tv, and Motivational Speaker & International Best-Selling Co-author. She is also the creator of “The Daly Plan” – a millionaire mindset coaching program that enabled her to build the largest franchise consulting business in the history of franchise consulting. For the past 20 years, Kim has been helping people realize their dreams of business ownership through franchising. In this episode, Kim sits with Jim Pfeifer to walk you through franchising, why it is a good business model for anyone who wants to dive into entrepreneurship, and how you can find the right franchise.