The Wealth Without Wall Street Podcast

Exploring passive income ideas, comparing small vs. big deals, and discussing April 2024 income. Analyzing successful investments, hiring operators, and consistently profitable passive income sources. Delving into vending machines, raw land development, and challenges with investment properties. Exploring SEO strategies, frustrations with Bitcoin volatility, and the importance of diversifying income streams.

Learn how to pay less taxes to the IRS through creative tax planning strategies. Explore reducing expenses for children, maximizing QBI, and using your home for business meetings. Discover the benefits of the Augusta Rule and tips on turning active income into passive income. Join the discussion on optimizing tax efficiency and wealth acceleration, teaching financial literacy to children, and exploring the Qualified Business Income deduction for small business owners.

Flipping vacant land is one of the most overlooked and misunderstood ways to make money in real estate. It’s also one of the best. However, one common problem land flippers experience is a lack of funds, which sometimes prevents them from snapping up deals. Sure, they can borrow from traditional banks, but they need to fill out a lot of paperwork and go through a tedious process, and there is no guarantee that their loan will be approved. That's where private money lenders come in. Lending money to land flippers is a profitable business model. Russ and Joey chat with Quinn McArthur and Eric Scharaga to give you more information about this opportunity. Top three things you will learn: -How to invest in land funding-The most exciting thing about land funding-What a typical land funding deal looks likeAbout Our Guests:Quinn excels as an investor, leveraging his extensive background in finance and comprehensive real estate expertise as a commercial real estate developer and asset manager. Renowned for his mastery in land acquisitions and active involvement as a note investor, he passionately pursues his interests in faith, family, finance, and fitness.Eric is an expert in residential and commercial lending and default, including performing, non-performing, active bankruptcy, and vacant land. In 2020, Eric authored the book Lienlord, an introduction to the power of note investing. He is passionate about personal finance and enjoys introducing land investors to creative strategies for seller financing.Quinn and Eric have purchased over 500 mortgage loans and currently hold an inventory of over $1.5M in vacant land notes. They have directly financed over $5.5M in land acquisitions across 36 states.   Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Connect with Quinn and Eric:-Website - https://www.legacylandfund.com/Wealth Without Wall Street New Book:https://go.wealthwithoutwallstreet.com/newbookFree IBCA or Financial Freedom Discovery Calls:https://www.wealthwithoutwallstreet.com/freecallJoin Our Next Inner Circle Live Event:https://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTApply to Join the Passive Income Mastermind:https://wealthwithoutwallstreet.com/wwws-passive-income-mastermindJoin the Community:https://wealthwithoutwallstreet.com/communityTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/pios Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://wealthwithoutwallstreet.com/passportKnow Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaInvest with The Land Geek:https://thelandgeek.com/Invest with Your Friends and Family:https://tribevest.com/wwws—

Discover how to make money work for you by learning insights from various books on wealth. Explore unconventional strategies for financial success, debunk myths about assets and debt, and focus on creating passive income streams. Uncover key principles like mindset mastery, wealth-building laws, and entrepreneurial thinking in this engaging podcast discussion.

Investing expert Dave Zook shares insights on real asset investing. Topics include: What is a real asset and the top mistake new investors make. He discusses how to account for black swan events in due diligence. Zook's journey from novice to expert investor and the shift to real asset investing are highlighted. The importance of investment structures, alignment of interests, building trust, and mitigating risks in deals are explored. Strategic debt management and emerging investment opportunities in self-storage and car wash industries are also discussed.

Exploring the importance of maintaining cash reserves for financial opportunities, leveraging cash for passive income generation, and strategic use of cash in real estate investments. The podcast discusses the benefits of having cash on hand for maximizing growth, transitioning from active to passive income, and building passive income systems.

Your car is more than just a means of transportation. It’s a potential side hustle– a source of income waiting to be unlocked. Entrepreneurs and clever individuals find innovative ways to turn their cars into revenue-generating machines in today's economy. So, do you want to turn your car into a passive income stream? Have you considered starting a side hustle in peer-to-peer car-sharing? Have you looked into platforms like Turo or Getaround but don't know how to get started? You're in luck because today, Russ and Joey are discussing the opportunities in the carsharing business and what it's like to be a Turo host with Aubrey Janik.Top three things you will learn: -How to make money on Turo-The most profitable cars on Turo-Why The Carsharing Masterclass is an excellent resource for aspiring Turo hostsAbout Our Guest:Aubrey Janik runs a semi-passive, six-figure Turo business with over eighteen cars. How did she do it? One day, Aubrey started renting her car out on Turo, fell in love, and has been building and growing her Turo business ever since. She's also been helping people start their car-sharing businesses.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Connect with Aubrey Janik:-Website - https://wealthwithoutwallstreet.com/carsWealth Without Wall Street New Book:https://go.wealthwithoutwallstreet.com/newbookFree IBCA or Financial Freedom Discovery Calls:https://www.wealthwithoutwallstreet.com/freecallJoin Our Next Inner Circle Live Eventhttps://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTApply to Join the Passive Income Mastermind:https://wealthwithoutwallstreet.com/wwws-passive-income-mastermindJoin the Community:https://wealthwithoutwallstreet.com/communityTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/pios Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://wealthwithoutwallstreet.com/passportKnow Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaInvest with The Land Geek:https://thelandgeek.com/Invest with Your Friends and Family:https://tribevest.com/wwwsMake Money with Your Car:https://turo.com/—

Many businesses, whether big or small, encounter challenges related to financial issues. This is mainly due to their limited access to resources. Knowing some of the difficulties expected is critical to planning well enough to solve them.How do you think business owners can solve financial challenges? In today's conversation, you will hear why business owners use a financial tool called the Infinite Banking Concept (IBC) to solve many of their business concerns.Join Russ, Joey, and the financial freedom coaches as they discuss the following:-How to use IBC to grow the business and accumulate cash to get ready for whatever economic condition-How to use IBC to alleviate the tax burden for businesses-How to use IBC to attract and retain top employeesDisclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Wealth Without Wall Street New Book:https://go.wealthwithoutwallstreet.com/newbookFree IBCA or Financial Freedom Discovery Calls:https://www.wealthwithoutwallstreet.com/freecallJoin Our Next Inner Circle Live Eventhttps://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/piosFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizJoin the Wealth Without Wall Street Community: https://wealthwithoutwallstreet.com/communityDiscover Your Path to Financial Freedom: https://wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://wealthwithoutwallstreet.com/club200The Land Geek:https://thelandgeek.com/Invest With Your Friends and Family:https://tribevest.com/partners/wwwsKnow Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaThe Infinite Banking Concept Explained by a CFP:https://www.youtube.com/watch?v=sVuexMv6Kf4---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://go.wealthwithoutwallstreet.com/inner-circle—

If you're considering investing in real estate, locations near school campuses create enormous demand for student housing. But instead of renting your properties to college students, why not cater to graduate students? In this episode, Russ and Joey discuss the details of student housing with Ryan Chaw, a real estate investor who specializes in student rentals. After investing for four years–buying one property per year–Ryan now makes six figures in rental income per year and teaches others to do the same. Discover if this opportunity suits your Investor DNA and fast-track your way to financial freedom by investing in student rental properties. Top three things you will learn: -How to create passive income through the student rental business-How to choose the locations for your student housing properties-How to utilize virtual assistants to scale your businessAbout Our Guest:Ryan Chaw is a real estate investor with a multi-state and multiple six-figure rental portfolio, which he built on the side of his full-time job. Based on his experience, he has created a student housing system and now teaches others how to build their real estate portfolios as a real estate investment coach.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Connect with Ryan Chaw:-Website - wealthwithoutwallstreet.com/studenthousingWealth Without Wall Street New Book:https://go.wealthwithoutwallstreet.com/newbookFree IBCA or Financial Freedom Discovery Calls:https://www.wealthwithoutwallstreet.com/freecallJoin Our Next Inner Circle Eventhttps://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTApply to Join the Passive Income Mastermind:https://wealthwithoutwallstreet.com/wwws-passive-income-mastermindJoin the Community:https://wealthwithoutwallstreet.com/communityTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/pios Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizDiscover Your Path to Financial Freedom: https://wealthwithoutwallstreet.com/passportKnow Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaInvest with The Land Geek:https://thelandgeek.com/Invest with Your Friends and Family:https://tribevest.com/wwwsHire Your Next Virtual Assistant:https://assistantly.com/—

Mark Haraguchi, a financial coach and pilot, dives into the Infinite Banking Concept (IBC) and how it can revolutionize financial independence. He explains how individuals can become their own banks using whole life insurance policies, providing immediate access to cash and greater financial control. The discussion reveals IBC's potential for generating passive income compared to traditional financing methods. Listeners will learn actionable strategies for leveraging insurance to build wealth and secure a lasting legacy.