The Wealth Elevator Podcast: Real Estate, Taxes, Investing

Have you realized your purpose in life?Investing and achieving financial freedom are all life goals, but they can still be meaningless without other purposes.Kevin Roth is a Life Coach who has been successful in his career as an artist.Despite his success, he realized that life is short, and when he was diagnosed with Melanoma, that changed his life.Listen as he shares his discoveries on how to survive and be financially successful and become truly happy and thrive.Come and join our mastermind group!Head on to https://simplepassivecashflow.com/club Hosted on Acast. See acast.com/privacy for more information.

Do you want to know more about real estate investing but don’t know where to start?Watching or listening to coaching calls like this can help you with that!In today’s podcast, we’re joined by Nate. You might be in the same net worth or situation as he is. He has half a million of net worth, with $20,000 of income. Check out how he will strategize through investing and learn from it.If you want to get access to the FREE coaching call, send us an email at team@simplepassivecashflow.com.Join our exclusive mastermind group and get out of the traditional investments.Visit and sign up at https://simplepassivecashflow.com. Hosted on Acast. See acast.com/privacy for more information.

Where are the best and worst places to rent these days?Check out the August 2022 market update, where you can get updates on the in-demand market for renters, commercial real estate, rental rates, interest rates, lending activities, and what asset class is gaining traction.Take note: Inflation is still high at the moment. So invest in tangible assets (unlike cryptos) that beat inflation. To access past monthly market updates, visit https://simplepassivecashflow.com/investorletter. Hosted on Acast. See acast.com/privacy for more information.

Achieving financial independence early on in life is not easy. And being exposed to personal finance early on can be one of the most significant advantages. Having the ability to identify the difference between good debt versus bad debt, the proper way to pay down debt and invest,  knowing the strategies for building passive income streams, and imbibing the right way to spend are the fundamental principles to elevate one's financial status that may lead to financial independence.In today's podcast, we have Sam Dogen, the Financial Samurai and author of Buy This, Not That. He'll talk about his bold advice about finances and the other side of financial freedom.Buy his book on Amazon entitled 'Buy This Not That' by The Financial Samurai, aka Sam Dogen.And join our club, visit https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

Welcome to Part 2 of the podcast with Richard Duncan.Richard emphasized multiple points that will make you grateful to live here in America. First, the U.S. dollar is at its 20-year record high. Second, don’t be doubtful because the government and the Fed are doing their best to care for the economy. Thirdly, be in the position of opportunity and do not sit your money in dead equity. So, enough of the fear-mongering! Watch and listen closely to the 2nd part of the podcast and join the other investors at https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

Richard Duncan is an Author, Economist, Consultant, and Speaker who authored four books illustrating the causes and effects of economic crises.   In this first part of the podcast with Richard Duncan, he discussed the foundation, how the economy and the Fed work, the relationship between gold and the dollar, and understanding our economy.Hang in there! 𝐖𝐚𝐭𝐜𝐡 𝐨𝐮𝐭 𝐟𝐨𝐫 𝐩𝐚𝐫𝐭 𝟐 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐩𝐨𝐝𝐜𝐚𝐬𝐭 𝐧𝐞𝐱𝐭 𝐰𝐞𝐞𝐤.And join us at https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

Affordability of houses… It’s just a myth nowadays!In this month’s market update, there's been a talk in the investor’s town about the rising interest rates and how people shift from being property buyers to property renters. Nothing wrong with renting, especially if you’re a landlord! But this shift shows us that real estate investing and cash flowing from real estate can beat ‘all’ odds that even hotels in New York are being subject to approval to become an apartment. Remember, go where the money flows.If you want access to past monthly market updates, visit https://simplepassivecashflow.com/investorletter. Hosted on Acast. See acast.com/privacy for more information.

In your current financial status, are you free to have a choice?In this episode, we talked about the counterintuitive rules that the wealthy follow and how being financially free can allow you to have vast choices. Saying “no” can be one of them.Financial dogmas are great to follow but better be sure who advises you with them.  Visit https://simplepassivecashflow.com/club to meet other people in the financial community.They can be way better than financial advisors! Hosted on Acast. See acast.com/privacy for more information.

Feeling the effect of the plunging stock market?It’s happening all over the world!But as a real estate investor, you shouldn’t be pessimistic.This is just a phase that we don’t know when it’s going to end.In investing, there will always be uncertainties.That’s the reality of investing!Thus, it is our responsibility to mitigate those risks and create strategies to keep the ball running.For your questions, email us at team@simplepassivecashflow.com Hosted on Acast. See acast.com/privacy for more information.

Are there secrets behind infinite banking and whole life insurance?Lane is joined by Chris Miles of Money Ripples, he’s an anti-financial advisor and a cashflow advocate.They talked about why and how infinite banking is superior as compared to heloc and banking institutions.For Chris Miles, banks tend to cut down your line of credit without you even knowing or giving any warning. While in the whole life insurance there’s no threat of market risks, or your house being depreciated.For those who are new to the concept of infinite banking, visit https://simplepassivecashflow.com/bank, and don’t be turned off with whole life insurance.1:32 Market Update6:21 Infinite Banking: Further Explained13:03 Option to Use Your Insurance15:36 Collateralized/ Secured Line of Credit25:53 Limitation of Infinite Banking Technique30:50 Paying Bills With Life Insurance Hosted on Acast. See acast.com/privacy for more information.