The Wealth Elevator Podcast: Real Estate, Taxes, Investing

Thinking of leaving your job due to the company culture and office politics?Todd Miller is the author of Enrich who has a background as an entertainment executive working in Hollywood.He joined us to talk about time, wealth, and how he came to a point when he wanted to get fired from his job due to politics in the industry.PLUS, he shared how he accomplished getting into financial independence, his point of view of debt, and how he gets to “manage” his rental properties.If you want to level up and learn with other (sophisticated) investors, then join the Family Office Ohana Mastermind!Go to https://simplepassivecashflow.com/journey0:37 Managing Debt | Buying a Property11:35 Introduction | Journey to Financial Independence15:18 Wanted to Get Fired19:54 Foundation Towards Financial Independence21:53 Property Portfolio Goals24:52 “Toxic” Relationship With Debt29:42 Asset Allocation Management35:32 End Game Scenario37:21 Takeaways From Enrich Hosted on Acast. See acast.com/privacy for more information.

In this June 2022 Monthly Market Update, you’ll notice that migration isn’t confined to individual renters alone but companies are relocating their headquarters for better property setup as well.There’s an expected monetary policy tightening by the federal reserve due to the current inflation status and effects of war in Russia and Ukraine.Moreover, there’s still a demand for an apartment, and the influx of people in the migration hotspots brings the cost of real estate to rise.Watch more about the past monthly updates at https://simplepassivecashflow.com/investorletter1:10 Boeing Headquarters to Relocate in Arlington | Creative Land Development2:13 Multifamily News | Housing Affordability Crisis5:15 Economic Growth Forecast | Fannie Mae Cuts Origination Projection10:00 Multifamily Net Growth Income12:39 Blackstone Continues Real Estate Acquisitions13:20 EB-5 & Real Estate14:47 Migration Hotspots in the Sun Belt | Apartment Renters Lease Status19:19 Housing Market Dynamics | Apartment Demands24:49 Current Events (personal) Hosted on Acast. See acast.com/privacy for more information.

Getting old. Being sick. Dying.Unpleasant words that are at times neglected, intentionally.In this podcast, Jean Keegan Daly joined us to share her life discoveries of one's purpose while being a hospice nurse. She is the author of Reflections of a Seasoned Soul and an educator specializing in a body-mind-spirit approach to health and wellness.Note that we are on a personal journey to live in this world from that authentic place of inherent power.And from the place of your authentic self, you can create positive healing, loving energies that will benefit yourself and the generations to come.Learn more about legacy and how to go about it.Visit https://simplepassivecashflow.com/legacy and start planning.0:12 All About Mindset6:25 Role as a Hospice Nurse8:43 How Children See Illness & Death14:19 Trust + Transformation16:32 Dealing With Regrets22:31 Balancing Your Role & Your Wants28:00 Key Takeaways Hosted on Acast. See acast.com/privacy for more information.

Have you planned out a college plan for your child?This episode is still part of investing since, as a parent, you need to take into consideration your kid’s future even while being a real estate investor.Let your child, the future college student, do the best they can that interests them as a student and not be overstressed.For the parents, no need to rely on 529!There are other ways to build up college funds for your kids.Check out the free infinite banking e-course at https://simplepassivecashflow.com/bankingand start preparing for your kids' future.4:55 Background | Introduction7:01 Goal of College Counseling12:09 Factors Affecting the Choice of School19:50 Strategies Student Needs to Work On23:26 Process: Understanding How to Get Into a Good College or University29:14 Student’s Contribution in the Counseling Process34:10 Limitation of In- Demand Job in the Future36:43 Ultimate Advice to Parents & Students Hosted on Acast. See acast.com/privacy for more information.

Since most of you are fans of coaching calls, we have another one today.‘John’ is an engineer and has a little bit higher net worth.His story shows that the road to financial independence is at a slow pace from 0 to $2million. People don’t realize that!But once you’re up to 4million and above, your net worth (plus your network) expands and moves a lot quicker too.There are numerous ways to accelerate your net worth and network.Join the club at simplepassivecashflow.com/club, and let us show you how.5:20 Personal & Financial Background10:11 Non- Alternative Investing Deal12:42 Doubts Before Jumping Into Syndication16:49 Infinite Banking17:50 Test Investment19:05 Why Take Money Out of Your Retirement Account25:47 Strategizing & Exploring Other Options Hosted on Acast. See acast.com/privacy for more information.

Cost segregation has been a topic in the group these past days, and in this episode, I’ll be sharing some insights on cost seg and bonus depreciation.Together, in this month’s market update, we talked about industrial investment, continued migration of US renters, top markets for multifamily, and why others are investing in student housing.View the past monthly market updates by visiting https://simplepassivecashflow.com/investorletter.0:47 Cost Seg & Bonus Depreciation2:47 Industrial Investment4:49 Interiors & Amenities for Multifamily7:13 Emergency Rental Assistance9:46 US Renters Migrate11:40 Top Markets for New Multifamily | Construction Permits | Cap Rate in Multifamily20:20 Alternative Assets22:10 Student Housing24:55 Multifamily Assets28:40 More Updates | The Easter Egg Hosted on Acast. See acast.com/privacy for more information.

Play is not just for kids. Play must be incorporated into everybody’s lifestyle, especially adults.Benefits like learning new tasks faster when it’s fun and when you are in a relaxed state, stimulating one's imagination, improving relationships, and helping you adapt and thrive in a challenging situation.There’s no harm in adding a dash of play to give color to your everyday life.Discover what others might be playing around with. Join our mastermind group!Visit https://simplepassivecashflow.com/club0:56 Introduction | Background8:12 Start Living, Stop Worrying About Being Judged9:26 Why Play11:26 ‘Playful Ideas for People’16:06 Quick Tips for a Playful Life18:20 Play + Investing = FUN Hosted on Acast. See acast.com/privacy for more information.

When you reach your goal, you’ll suddenly recall and ask yourself, “what’s your purpose for success?”.Lane was interviewed by Phil Portman and he shared his mindset about success and how it is to be the ‘Robin Hood’ of this modern time.Learn more about the journey towards FI (financial independence) at https://simplepassivecashflow.com/journey.5:07 What does success mean?7:02 Breaking Generational Mindset12:09 Why are people not into real estate investing?16:08 Lane’s Real Estate Investing Program18:15 Having a Mentor | Being the Mentor20:46 Skillset to be Successful in Business24:30 Learning From Mistakes28:37 Having Success Lead to Generosity35:07 Pandemic Realizations Hosted on Acast. See acast.com/privacy for more information.

In this video, Raj interviews Lane on how a lot of people (like hard-working professionals) commit mistakes when dealing with their retirement funds, how they decide on investments, and how they can maximize the return of their investments (especially in real estate investing).Easily grasped. Comprehensible.This will be an eye-opener for you, especially those who are just starting in navigating the path toward financial independence (F.I.).Don’t forget to join us in our investor club!Visit https://simplepassivecashflow.com/clubs and SIGN UP FOR FREE.3:08 How the Wealthy Create Wealth5:11 Why 401K Doesn’t Matter10:17 Passive Investing for Working Professionals14:44 Role of Mindset to Succeed in Real Estate Investing25:03 Learn About Family Office Ohana Mastermind26:24 Investing Recommendations for Working Professionals36:16 Why Real Estate Investing Is Hot Hosted on Acast. See acast.com/privacy for more information.

Politics is not much tapped into the show but we're aware of its effects on our economy and other policies related to real estate investing.In this episode of monthly market update, we talked about the highlights that I saw from the news in the past weeks. Which includes effects of the Ukraine war on inflation, Houston market, migration trends and there’s even a touch of crypto news.If something interests you from this presentation, bookmark it or you may check out all the past investor letters.Visit https://simplepassivecashflow.com/investorletter2:55 New IRS Rule: Higher Penalty- Free Withdrawals for Early Retirees7:08 US Inflation Resulting From Ukraine War12:51 Top Markets for Investors | Metros Which Led Recovery14:37 Single Family Rental Boom17:05 Multifamily Investment Growth21:43 Mortgage Lending & Renters25:16 Rising Interest Rates Mean for Apartment Cap Rates30:59 The Easter Egg Hosted on Acast. See acast.com/privacy for more information.