The Wealth Elevator Podcast: Real Estate, Taxes, Investing

Excited to learn more about the NEW AHP fund?In this podcast, we are reunited with Jorge Newbery, Founder and CEO of American Homeowner Preservation.He’ll discuss the two new opportunities you can invest in, namely: AHP Title Fund and preREO.Always note that each fund is different.But if you invest today, your money will be back in approximately five years.If you are looking to join our Inner Circle, join the family office Ohana mastermind.Visit simplepassivecashflow.com/journey.Deep dive on legacy building ideas!Visit simplepassivecashflow.com/legacy Hosted on Acast. See acast.com/privacy for more information.

In this November 2021 market update, we’re going over news that is impacting real estate investors such as inflation, why you should not buy a house that will serve as a forced saving account, where sophisticated investors are investing, and how the formulation of progressive reforms are affecting affluent neighborhoods.Get a hold of my new book coming out next month and there’s also an audio version available. Visit simplepassivecashflow.com/book.Need your help with the reviews so shoot me an email at Lane@simplepassivecashflow.com.Once you leave a nice review, a hard-bound book will be yours! Hosted on Acast. See acast.com/privacy for more information.

As a couple, having a synchronous mindset with your spouse plays a major role in becoming a real estate investor.In today's coaching call, we are joined by Willie, who is a great example that when you achieve having a substantial net worth ( in his case he’s a little under $500,000) nothing is stopping you from becoming a passive investor yourself.Since he’s married, he MUST consider his partner before jumping in and be sure that they’re on the same boat.Nothing is more tragic than an uninformed spouse!As they say, a happy wife leads to a happy life.If you want to give away e-course to your friends, you don't have to keep explaining to them about Infinite Banking over and over.Invite them to sign up for that e-course at simplepassivecashflow.com/banking. Hosted on Acast. See acast.com/privacy for more information.

To get rich you need to concentrate (business not salary job).To stay rich you need diversification (accumulation mode).I have a blockfi account was trying to get coinbase but I gave up because it took more than a couple hours, my time is better spend on real estate deals.No offense but if you work 40-50 hours a week at a JOB then you likely have some time on your hands and should find a side gig.Avoid locker room talk - common guy deals or sucker deals - "We are going to 8-12x in the next few years but you need to get in now!" - What would happen in the show SharkTank?For 100M net-worth families - the goal is to have 8-12 non correlated asset portfolioCash is trash - (Inflation is a lot higher) 40 years Bull market in Bonds ended last year.$128T globally is looking for parking 😊 (2021)Don't chase what is running (Crypto, tech)If bonds can't give yield where do we get it? Buy businesses (alts)Ajay Gupta (The guy Tony Robbins dumped Peter Mallouk)50% Real Estate (40% cashflowing MFH and Self Storage - 10% land/preserve value)20% Equities (Global with most in USA)20% Private Equity (Trying to shift from LP to GP - 2/20 model to adding in sweat equity for more returns)Asymmetric 5% Insurance/Life settlements/Tailrisk/buying putsTailrisk (insurance) - 2-3% of any bet/investment hedges your investment so should your investment go bad that 2-3% greatly increases to offset your loss.2-3% Crypto - If not real estate where you do get storage of wealth, gold/silver*Re-shuffle asset allocation - do it when things are good (selling the good ones, increasing the losers)Asymmetric risk seems get you wealth but its the same thing to get you to lose it all (See Kyle Bass)- This is the 'drink your wine if it fails'What is the downside (if you can live with it then go)NFTs - collectables always move in waves (buy two cases of wine and save one drink the other)"The difference between someone with a hundred dreams and only one is Health" Hosted on Acast. See acast.com/privacy for more information.

In this coaching call, we talked about understanding syndication laddering, dealing with spouse support (negotiation) and should you carry over 401k to 529.You have to come to the realization that you need to do the math and the numbers speak for themselves.Another thing, negotiate and don’t forget to settle with your boss (aka spouse)!Join us in Hawaii in January!Visit simplepassivecashflow.com/ 2022 retreat. Hosted on Acast. See acast.com/privacy for more information.

In this month’s market update, we’re covering multiple topics starting with how interest rates and inflation can be beneficial to landlords, the new Senate Bill 9 (SB 9) wherein it eliminates exclusive zoning of single-family homes in California, the U.S Bill impacting qualified retirement plans (self-directed IRAs, self-directed Roth IRAs), updates on Blackstone’s activities and how you should not only depend on “sweat equity”.Get more updates and learn more in the family office Ohana mastermind. Visit simplepassivecashflow.com/journey Hosted on Acast. See acast.com/privacy for more information.

Most people are itching their feet to travel since we’ve all been held for too long now.Here’s Julia from Geobreeze Travel to talk about how you don't have to buy a whole bunch of 'liabilities' from Amazon, that you do not want or need, just to get points.You simply need to approach it strategically!Check out Tradeline Hacking where you can earn more from your credit card.Visit simplepassivecashflow.com/tradelines Hosted on Acast. See acast.com/privacy for more information.

Attracting future tenants and letting them stay for a period doesn’t only focus on the beautification and renovations done in the property but also on the kind of neighborhood they will be.Pete Kelly, CEO of Apartment Life, talked about the impact of improving communities, in terms of relationship building, in the whole process of increasing the value and demand of the property. Thus, resulting in a low tenant turnover rate and more cash flow for investors.Building relationships can sustain wealth.If you guys haven't joined our club, visit simplepassivecashflow.com/cluband learn from high-net-worth investors. Hosted on Acast. See acast.com/privacy for more information.

Planning to retire before you reach 30?At age 27, Rachel Richards, author of Money Honey and Passive Income, Aggressive Retirement, retired and is now living $15,000 passively per month.Since finance can be overwhelming or intimidating, Rachel thought to make financial topics sassy, fun and simple. This is to make a complex topic into something that is easily digestible and can resonate with women and young people.Ultimately, she believes that anyone, at any age, on any income can achieve financial independence.Build relationships with other accredited investors.Check out the networking guide at simplepassivecashflow.com/networking Hosted on Acast. See acast.com/privacy for more information.

Rents offer stability so if you’re a professional with high net worth like Chris, who from being a mobile home park rental owner transition to becoming an Limited Partner (LP), do not settle for an ordinary income.You can have your day job and invest on the side if that’s what you prefer initially.Join our family office Ohana mastermind and gain more insider tips.Go to simplepassivecashflow.com/journey Hosted on Acast. See acast.com/privacy for more information.